Stocks' eight-week winning streak--longest in four years--ended last Friday. Small caps lagged for the week, partly due to tax reform challenges, with Russell 2000 losing 1.3%; Dow -0.5%, S&P 500 -0.2%, Nasdaq -0.2%. (Yahoo Finance)
After a year and a half of no sea going container service at the Port of Portland it will return in 2017. Swire Shipping will make monthly port calls with shipments of Daimler Trucks’ Western Star trucks to Australia, export containers going to Australia and New Zealand, and import containers coming from Asia. (PBJ)
Oregon based Roseburg Forest Products has sold its California timberlands to a New Forests. The transaction includes 170,000 acres. Founded in 2005, New Forests manages more than 2 million acres of land and forests around the world, with assets under management of more than $3 billion. They are headquartered in Sydney, Australia. (Building Material News)
Dick's Sporting Goods reported a third-quarter profit of $36.9 million. The sporting goods retailer had sales of $1.94 billion. Dick's shares are down 50% in 2017 and down 56% in the last 12 months. (AP)
With Northwest Quadrant Wealth Management, a Registered Investment Advisor I am Troy Reinhart.