Mark Levin

ON AIR NOW

Mark Levin

3:00pm - 6:00pm

Contact
Business News


After last week’s big rally stocks are at their highs of the year. The Dow is up 8.2% for 2016, the S&P 500 is up 5.9%, and Nasdaq is higher by 4.6%. (CNBC)

Foreclosures have been falling steadily for nine years, but spiked in October. The number of foreclosure filings jumped 27% in October compared with September, according to Attom Data Solutions. Foreclosure volume is down 8% from a year ago. It was the biggest monthly jump since August 2007.

Consumer Sentiment hit 91.6 in November, per University of Michigan. That is its highest level since June. Both near and long-term inflation expectations jumped to 2.7%(CNBC)

Siemens, a German industrial equipment maker, is buying Wilsonville, Oregon based Mentor Graphics for $4.5 billion in cash. Siemens will pay $37.25 a share, a 21% premium to Mentor's Friday closing price. Mentor specializes in software used to design computer chips. It has 5,700 employees in 32 countries. (AP)

With Northwest Quadrant Wealth Management, a Registered Investment Advisor I am Troy Reinhart.

Hide Comments

Help Puerto Rico

Most organizations are asking for cash, rather than supplies, so they can route help to where it’s needed most more quickly. Here are some of the largest groups with campaigns underway:

 

Traffic

 

 

  • Click on the link for the latest conditions on the mountain passes.

 

  • Intersection of NW Broadway Street and NW Delaware for waterline replacement project, road closures with detours clearly marked for thru traffic, 7 a.m. – 4 p.m. daily with roads opened nightly. Motorists are encouraged to avoid this area and use Bond Street and Wall Street.

 

  • Nels Anderson Road between Nels Anderson Place and Brandis Court, single northbound shoulder closure will be in effect, two-way traffic to be maintained. Project completion expected December 2017.