George Noorey

ON AIR NOW

George Noorey

12:00am - 6:00am

Contact
Business News


Nike employs a record 70,700, up from 62,600 last year. That includes 10,700 at its headquarters in Beaverton.  Intel remains Oregon's largest private employer with 19,500 employees. (PBJ)
 
Verizon will acquire Yahoo for $4.8 billion in cash. The purchase could boost Verizon's AOL internet business, which the company acquired last year for $4.4 billion. Together, AOL and Yahoo would have about 5% of the digital ad market. This marks the end of Yahoo as an operating company, leaving it with only a 36% stake in Yahoo Japan and a 15% interest in Chinese e-commerce company Alibaba. (Reuters)
 
Kimberly-Clark reported second-quarter profits of $566 million, after a loss of $305 million a year ago.  Sales hit $4.6 billion during the quarter, compared with $4.6 billion a year ago. Shares of Kimberly-Clark are up 5.8% in the year to date. (Market Watch)
 
The Financial Times says Apple will sell its one billionth iPhone this week. The first iPhone was sold in 2007.
 
S&P 500 is flat and the NASDAQ is flat.  MSCI International Index is up 0.20%.
 
Oil is down 50 cents at $43.75 a barrel.
 
Gold is down $7 at $1316 a Troy ounce.
 
With Northwest Quadrant Wealth Management, a Registered Investment Advisor I am Troy Reinhart.
 

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