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Big down day yesterday.  If the Dow and S&P 500 fall today it would be the first back-to-back loss since January. But we are headed for another positive week. (CNBC)

 

Anheuser-Busch InBev, the world's largest brewer, is giving thought to more cost cutting and will not pay bonuses to executives after a weak end of the year and a slump in Brazil. (WSJ)

 

Costco missed sales and profit expectations in the latest quarter sending shares lower by almost 5%. There is a price war in the industry as Wal-Mart is running a new price-comparison test to force lower prices. Costco same-store sales rose 3%. Costco will raise its annual fees by $5 to $60 for Goldstar and business members and by $10 to $120 for executive members.  Prices will rise on June 1st. Membership fees account for about 72% of Costco's operating income. Costco profits fell 6% to $515 million, or $1.17 per share, in the latest quarter. (Reuters)

 

Caterpillar shares sold off 4% yesterday on news that federal authorities raided three of its facilities. The company says it believes the searches were related to a Swiss subsidiary and how they account for sales and taxes. (AP)

 

Join us this weekend for Financial Focus radio when we will get you up to speed on a crazy week.

 

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

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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.