Thursday Morning's Market Report
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Troy Reinhart
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BEND, OR -- Pacific Power is asking for a 20% increase in rates next year. 7% of the increase is due to production costs and 13% is to cover costs due to expansion into "green" power. Pacific Power is owned by Warren Buffet's Berkshire Hathaway.
Year-to-date median home prices are down 12% in Bend and 29% in Redmond for February. Signs of a bottoming process continue to be revealed as prices were essentially flat month-to-month.
More companies are paying cash dividends:
- Precision Castparts will pay 3 cents on March 29th
- MDU parent company of Knife River will pay 16 cents on April 1st
I'm Troy Reinhart at Northwest Quadrant Wealth Management.
If you see local news happen, call the Horizon Broadcasting Group News Tip Hotline at 541-323-NEWS, or email us.
Friday, 03 September 2010 04:40 am
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