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30 липня, 2010 17:45
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Oregon Food Bank wins 30,000-pound Tyson donation
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Oregon Food Bank has received a donation of 30,000 pounds of poultry from Tyson Foods Inc, after placing third in a national charity drive WeCanEndThiscom is a year-long initiative to raise awareness about hunger in America and create solutions to address the problem On March 4, the Oregon Food Bank, Arkansas-based Tyson (NYSE: TSN) and other charities...
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30 липня, 2010 17:45
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Newly public Powin Corp. reports quarterly profit
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In its second quarter as a public company, Powin Corp posted strong sales and a growing bottom line The Tigard-based manufacturer had $145 million in sales in the quarter ending June 30, a 455 percent increase from $10 million in the same period last year The company makes products for a range of customers including Wal-Mart and Daimler Trucks North...
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30 липня, 2010 00:56
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Evesham Wood Vineyard sold
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Erin Nuccio and his wife Jordan Nuccio have purchased Salem’s Evesham Wood Vineyard The 13-acre vineyard is known for its premium pinot noirs, which start around $18 and top out in the mid-$30s Nuccio recently raised $22 million, according to a filing with the US Securities and Exchange Commission He declined to disclose the purchase price for...
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30 липня, 2010 00:55
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SolarWorld revenue picture brightens
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SolarWorld AG grew revenue by nearly 70 percent in the second quarter, the German panel-maker reported Thursday The company, which operates North America’s largest solar panel manufacturing plant in Hillsboro, recorded $5506 million in sales for the second quarter, up 686 percent from $297 million a year ago Earnings before interest in taxes...
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30 липня, 2010 00:55
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Vestas shakes up Portland exec team
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Vestas-American Wind Technology Inc on Thursday announced a trio of executive changes, including a new chief financial officer and chief operating officer The Portland-based North American headquarters of Danish wind turbine-maker Vestas A/S promoted Christian Venderby (top right) to COO from CFO In his new role, Venderby will lead the construction,...
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30 липня, 2010 00:55
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Zidell begins $20 million waterfront cleanup
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ZRZ Realty company has launched the first phase of its $20 million cleanup of contaminated soil at its South Waterfront Property ZRZ, also known as Zidell, owns a 30-acre parcel on the west side of the Willamette River, between the Marquam and Ross Island bridges The land has been used continuously for industrial purposes — including ship building...
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30 липня, 2010 00:55
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Nasdaq delisting panel gives Northwest Pipe an extension
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The Nasdaq Stock Market has given Northwest Pipe Company until Nov 8 to file several overdue financial statements If the Vancouver-based company (NASDAQ: NWPX) doesn't file the statements by then its shares will be delisted The company has not filed a quarterly statement since August 2009 It's been unable to file regular financial statements because...
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30 липня, 2010 00:55
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Lithia motors to profit, sales gains
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Lithia Motors Inc reported a bump in second-quarter earnings as same-store sales beat expectations to rise 19 percent Medford-based Lithia (NYSE: LAD) said Thursday it earned 27 cents per share on $534 million in revenue before recording impairment charges of approximately $13 million The non-cash impairment is chiefly related to now-closed General...
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30 липня, 2010 00:55
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Planar surprises Wall Street with strong quarter
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Shares of display maker Planar Systems Inc shot up in after-hours trading after the company surprised Wall Street with a profitable quarter For the three months ended June 25, the Beaverton-based company (NASDAQ: PLNR) reported a $127,000 profit, or 1 cent per share, compared with a $13 million loss, or a loss of 7 cents per share, in the same period...
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30 липня, 2010 00:55
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Riverview files for $4 million sale
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Riverview Bancorp Inc has registered nearly 2 million stock shares for public sale, the second stock offering announced by the bank in as many weeks The Vancouver, Wash-based bank (NASDAQ: RVSB) had announced in June it wanted to raise as much as $23 million in capital to help it expand and strengthen existing programs, as well as fund general working...
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29 липня, 2010 18:26
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Columbia settles lawsuit against Crocs
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Columbia Sportswear Co has settled a lawsuit against Crocs Inc Portland-based Columbia (NASDAQ: COLM) sued Colorado-based Crocs (NASDAQ: CROX) after Crocs hired a Columbia employee as an independent contractor Outdoor apparel company Columbia had alleged misappropriation of trade secrets, among other claims, when Crocs hired Columbia footwear designer...
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29 липня, 2010 18:26
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Columbia Banking eyes continued growth
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Columbia Banking System Inc's aggressive growth strategy delivered a second-quarter lift The Tacoma holding company (NASDAQ: COLB) for Columbia Bank earned $39 million, or 11 cents per share, compared with a loss of $66 million, or a loss of 37 cents per share, a year earlier Analysts polled by Thomson Reuters First Call expected earnings of 3...
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29 липня, 2010 18:26
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Casino backers filed lawsuit
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The committee seeking to steer a pro-casino measure to Oregon’s November ballot has filed a lawsuit charging that the state’s petition signature-counting methods are invalid The Good for Oregon Committee’s suit claims Oregon Secretary of State Kate Brown erred by rejecting valid signatures If so, thousands of valid signatures weren’t...
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29 липня, 2010 01:26
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City approves $1.6 million chasse settlement
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The family of James Chasse Jr, who died after being taken into police custody nearly four years ago, will receive $16 million from the city Portland’s City Commission approved the settlement, reached by the family and city attorneys in May, at today’s city council meeting The vote was 4 to 0, with Commissioner Dan Saltzman absent Chasse,...
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29 липня, 2010 01:26
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City commission backs bag ban
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Portland’s City Commission has agreed to support a statewide ban on single-use plastic and non-recycled paper bags The resolution, which the commission backed 4 to 0 (Commissioner Dan Saltzman was absent), also backs a state legislative proposal that would charge 5 cents per bag for recycled paper or compostable plastic bags The proposal would...
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29 липня, 2010 01:26
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Gladstone car dealer lays off 94
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A Gladstone auto dealer expects to lay off 94 workers by the middle of September Gladstone Honda LLC and Gladstone Hyundai LLC, also called Gladstone Honda and Gladstone Nissan, issued a Worker Adjustment and Retraining Notification with the state this afternoon The workers include 11 managers, 24 salespeople, 51 parts and service specialists and...
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29 липня, 2010 01:26
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Defendants sentenced in $9.5 million IRS fraud case
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Defendants tried in a $95 million Internal Revenue Service fraud case in US District Court in Portland were sentenced to federal prison on Wednesday Marcel Roy Bendshadler of Portland, Joseph Oquendo Saladino of Idaho, Michael Sean Mungovan of Indiana and Richard Allen Fuselier of Louisiana were convicted of conspiracy to defraud the US by interfering...
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28 липня, 2010 22:51
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Portland home prices inch upward
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The Portland housing market received a final bump in May from the expired federal home buyers tax credit Home prices in the Portland metropolitan area were up 12 percent in May over April and 7 percent year-over-year, according to the Standard & Poor's Case-Shiller Index, a measure of single-family home prices in US cities Seattle home prices...
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28 липня, 2010 22:51
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Portland ranks No. 23 for working mothers
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Portland ranks No 23 on a list of 50 US cities that offer the most to working moms, according to ForbesWoman magazine The ForbesWoman team started with the 50 largest metropolitan statistical areas in the US, while keeping in mind that “best” means different things to different women They took into account safety, schools, health care,...
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28 липня, 2010 22:51
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Portland a top city for young adults
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Portland has another top-city ranking to crow about, this time landing on Kiplingercom's list of the top-10 cities for young adults The personal financial management firm selected cities based on percentage of people under 35, cost of living, culture, nightlife and traffic congestion Kiplinger didn't rank the cities You can view the list here...
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