KBND Morning News

ON AIR NOW

KBND Morning News

6:00am - 9:00am

Contact
Business News


The US economy exited deflation in June. The year-over-year percent change in the Consumer Price Index moved from 2.1% in mid-2014 to -0.2% in April 2015. The May reading was flat  and accelerated to +0.1% year over year in June. (LPL Research)

U.S. toymaker Hasbro reported a lower-than-expected decline in quarterly sales, helped by strong demand for its "Jurassic World"- and "Star Wars"-themed toys as traditional toys fell out of favor. Sales in North America rose 1%. International sales, about 45% of total revenue, declined 9%, hurt by a strong dollar. The company's profits fell 4%. (Reuters)

Cal-Maine Foods, the nation’s largest egg producer, reported a quarterly profit of $46.1 million. The egg producer posted revenue of $403 million.

Cal-Maine shares have climbed 38% since the beginning of the year. The stock has risen 49% in the last 12 months. (AP)

The long-anticipated split of eBay and PayPal becomes official today, with both companies set to begin trading separately at the open. (CNBC)
 

Hide Comments

News
Traffic

 

 

  • SB Lane of 15th St. CLOSED >< Reed Market Road and Ferguson Road (8/4 – 11/30)
  • Butler Mkt Rd CLOSED >< 27th and Weeping Willow Dr RAB (8/11 – 9/30)
  • Single Lane Closures/Flaggers/Pilot Car at Old Bend-Redmond Hwy/Tumalo Rd Intersection 7am – 6pm (8/9 – tfn) RAB Construction

 

KBND ON FACEBOOK
 
FOLLOW US ON TWITTER