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Lithia & Driveway (LAD) Increases Revenue 70%, EPS 47%, And Adjusted EPS 63%, Record Third Quarter Performance
Lithia & Driveway (NYSE: LAD) today (Oct. 20, 2021) reported the highest third quarter revenue and earnings per share in company history. Third quarter 2021 revenue increased 70% to $6.2 billion from $3.6 billion in the third quarter of 2020. Third quarter 2021 net income attributable to LAD per diluted share was $10.11, a 47% increase…
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Accessing Capital for Business Survival
By Marshall Doak Director, Southern Oregon University SBDC OSBDCN Market Research Institute doakm@sou.edu Obtaining adequate capital investments to grow a business is a huge issue, something all businesses have in common whether they be in a startup phase or have been in existence for many years. It can seem remarkable…
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People’s Bank Reports Third Quarter Earnings
People’s Bank of Commerce (OTC PINK: PBCO) announced today (October 20,2021) its financial results for the 3rd quarter of 2021. Highlights Third quarter net income of $2,650,000, or $0.53 per diluted share Year-to-date net income of $8,496,000, or $1.85 per diluted share Quarterly non-PPP loan growth rate of 14.5% Third…
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Ribbon Cutting Ceremony at the Talent Gateway Project – Celebrating temporary housing for fire victim families waiting for over a year to come home
It may look like just another trailer park to you, but to many families that lost their homes over a year ago in the fires that ripped through southern Oregon these new trailers represent hope and a way out of the motels. I was at the Talent Gateway Project ribbon…
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Stay warm this fall and winter while keeping energy costs down
Just as we head into fall and winter, energy costs are rising across the country. According to the Consumer Price Index, energy costs nationally are up 25% from this time last year. That can cut into family budgets and mean less money for holiday shopping. Energy Trust of Oregon, a nonprofit…
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Arcimoto Releases Q3 2021 Stakeholder Update
CEO and Founder Mark Frohnmayer discusses Q3 progress, including record vehicle deliveries, Arcimoto’s expanding rental market, the new Flatbed, the progress of the ATVM loan application, and the launch of the Ride Of The Arconauts, an ongoing roadshow designed to introduce the Arcimoto family of rightsized EVs to the world.…
Read MoreAPPRAISALS & BUYERS NOT MEETING EYE-TO-EYE
We’ve all known how busy this real estate market has been – so it should come as no surprise that potential homebuyers aren’t meeting in the middle when it comes to home appraisals. According to the latest REALTORS® Confidence Index survey, 23% of contracts were delayed because of appraisal issues. What…
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A Few Words from Jim
Buy Local Online One of my companies, Project A, is known for helping companies all over the world sell hundreds of millions of dollars of goods online. Over the years I have adopted Oregon women run businesses and do everything I can to help them succeed. Sometimes they do and…
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Who is Chris Tamarin?
By Jim Teece, Joe Franell and Kim Tamarin Chris Tamarin is a very private man. “He is quiet”, yet since at least 2006, he has blessed those of us in the audience with a booming and powerful voice as he moderates parts of the Oregon Connection Conference. He retired from…
Read MoreCitizens Bank Adds New Directors
CORVALIS, Ore. – Citizens Bank and Citizens Bancorp are proud to announce the appointment of Doug Boysen and Roger Busse to its Board of Directors. “We are delighted to have both Doug and Roger join our Board of Directors’” said Bill Humphreys’ Sr., Chairman of the Board. “They each bring…
Read MoreColumbia Banking System And Umpqua Holdings Corporation Combining To Create The West Coast’s Leading Regional Bank
A Scaled Organization, Positioned to Win in Some of the Country’s Most Attractive Growth Markets Commercial Lending Focus Complemented by Highly Recognized Retail Franchise Meaningful Value Creation to Shareholders and Strong Pro Forma Profitability Like-minded Institutions with Common Cultural Values TACOMA, Wash. and PORTLAND, Ore., Oct. 12, 2021 /PRNewswire/ — Columbia Banking System, Inc. (“Columbia”) (Nasdaq: COLB),…
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Community Website Partnership: Informing, Inspiring, and Promoting Resilience in Rural Oregon
By Brooke Nuckles Gentekos and Rhianna Simes, M.S. Ed. When the wildfires ravaged Southern Oregon in 2020, folks living in rural areas did not know where to turn for current information and updates. Rural residents from the Illinois Valley searched for news from the larger nearby towns, but could not…
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