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  • PUD3 Financial Reporting Wins 10th Straight Award

    PUD3 FinancialMason PUD 3 has received its tenth consecutive international recognition for the quality and completeness of its financial reporting. PUD 3 was awarded the Certificate of Excellence in Financial Reporting for its 2013 Comprehensive Annual Financial Report by the International Government Finance Officers Association (GFOA)… Read More +

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  • 3rd Washington Judge Upholds Pot-Business Ban

    MJ startsA third Washington state judge says cities and counties can ban licensed marijuana businesses within their jurisdictions. The ruling Friday from Benton County Superior Court Judge Vic VanderSchoor was issued in the case of Americanna Weed, which had sued the city of Kennewick over its… Read More +

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  • Jeanpierre Returns To Add Depth At Center

    seahawksFacing a dilemma at the center position following an injury to Max Unger last week, the Seattle Seahawks were fortunate that former backup Lemuel Jeanpierre was still available as a free agent. The Seahawks re-signed Jeanpierre on Tuesday to provide depth at center following a high-ankle sprain suffered by Unger last week against the Kansas City Chiefs.

    Read More
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Stocks Rebound into Positive Territory

b_250_0_16777215_00_images_obgrabber_2014-01_6dbd03e2f6.jpgiStock/Thinkstock (NEW YORK) -- A surge in Facebook shares helped the tech-heavy Nasdaq Composite to a nearly 2-percent rebound Thursday, while the Dow Jones Industrial Average saw a triple-digit bounce back as well. On Wednesday, the blue chips index dropped nearly 200 points after the Federal Reserve announced it is continuing to pull back a bit on its bond buying stimulus program.

 

For only the second time in the last eight days that the industrial average has finished in positive territory, the Dow closed the day up 109 points at 15,848.61.  The tech-heavy Nasdaq closed the session at 4,123.13.
 
Investors Thursday were cheered by news that the economy grew 3.2 percent in the fourth quarter of last year. Additionally, there were a number of strong earnings reports and what some analysts are calling the Facebook halo effect.
 
Facebook shares surged more than 14 percent Thursday after reporting blockbuster earnings. Fifty-three percent of the company’s ad revenues are now coming from mobile devices like smartphones and tablets. Over the last six months, shares of the social network have jumped more than 60 percent.
 
Under Armour was another big winner in Thursday trading. The athletic apparel maker is cheering this brutal winter because the company’s sales jumped 28 percent last quarter due, in part, to strong sales driven by the growing popularity of the brand’s cold weather sports apparel. The stock Thursday is up 23 percent -- almost $20 a share.
 
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