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Johnson & Johnson posted better-than-expected fourth-quarter profits but lowered their 2017 sales forecast. J&J profits came in at $1.58 a share. Sales for the quarter were $18.1 billion. (The Street)
3M, makers of Scotch tape and Post-it notes, reported quarterly results with profits of to $1.15 billion, or $1.88 per share. 3M's operating expenses fell 2.3% in the fourth quarter. Net sales fell 0.4% to $7.33 billion. The company gets more than 60% of its revenue from outside the United States. The company's stock is up 28% in the last 12 months. (Reuters)

Supermarket operator Kroger, owner of Fred Myers, will fill 10,000 jobs in 2017. This represents about 2% of Kroger's total workforce. Kroger had about 431,000 full- and part-time employees as of January 2016. The company hired more than 12,000 workers in 2016. (USA Today)

Kimberly-Clark, the maker of Huggies diapers and Kleenex tissue reported fourth-quarter profits of $505 million or $1.40 per share. That comes on sales of $4.54 billion. Kimberly-Clark shares have climbed 2.5% since the beginning of the year, but the stock has fallen more than 6% in the last 12 months. (AP)

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

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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:

 

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  • 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.