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Congratulations to Andy Lane and Ken Nolan! Winners of the 7 Wonders of Oregon contest at All Seasons RV and Marine!
Business News


Jeld-Wen has a new CEO at the helm.  Kirk Hachigian is taking over and will also be chairman of one of Oregon’s largest privately held companies.  Jeld-Wen recently moved its corporate headquarters to North Carolina. (Associated Press)

Safeway has put out the for sale sign, as the nation’s second largest grocer says it is in talks with potential buyers.  The company has about 1335 stores across the nation. (Bloomberg)

S&P 500 companies are exceeding sales forecasts by the most since 2012 this quarter. The earnings beats have been led by the bank, utility and pharmaceutical sectors. (Bloomberg)

The founder of hunting and fishing retailer Cabela’s has died.  Richard Cabela was 77.  He founded the company in 1961 with his wife and brother.  Cabela’s sells from its website and 50 stores about $3.2 billion in goods each year. (Bloomberg)

 

The index of leading economic indicators climbed in January as we look three to six months into the future. The index was up 0.3% with 5 of the 10 components rising.  Hiring and factory production both improved. (Bloomberg)

 

 

Traffic & Weather

 

 

Ferguson Road closed between 15th Street and King Solomon Lane. (6/13)

 

Round-About Construction:

 

Murphy Road and Parrell Road closed with detours. (9/30)

 

Powell Butte Highway at Neff and Alfalfa Market Roads (8/31)

 

Lane closures, flaggers on Skyliners Road (5/25)

 
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