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We ended last week with a big sell-off as good news gave investors a reason to take profits.  This week we begin earnings season which over the last couple years has been the real market mover. (Seeking Alpha)

Medford based Lithia Motors continues its acquisition binge, hitting the century mark for dealerships.  The company is buying a Ford dealership in Texas and opening a Chrysler dealership in Alaska. Lithia is now the eighth largest car seller in the US selling 28 brands in 12 states. (Market Wired)

Strong Asian demand has pushed Oregon log prices to 20-year highs.  About 2 billion board feet of logs are exported from private lands in Oregon, Washington and Northern California last year. Most the logs go to China.  In 2013 Oregon log exports were double those seen in 2009 we Chinese demand started to ramp up. (Oregon Live)

Even when you are dead you can make money.  Former lead man of Nirvana, Kurt Cobain, killed himself 20-years ago this weekend.  Last year he sold 350,000 albums and 900,000 singles for revenue of almost $4.5 million.  His estate is valued at $450 million. (CNBC)
 

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.