Category Archives: Uncategorized

People’s Bank made more than it though in 2013

When companies restate earnings reports it’s often to reveal bad news losses. That wasn’t the case, however, when People’s Bank of Commerce sent out updated figures today. The Medford-based financial institution restated final 2013 earnings of $1.012 million, up 14 percent, or 68 cents per share, from $886,000. Updated first quarter 2014 results, pushed earnings [...]

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After Sterling Financial, what’s next for Umpqua?

Now that Umpqua Holdings Corp., the parent company of Umpqua Bank has completed its acquisition of Sterling Financial Corp., and its chain of Sterling branches, where does the West Coast’s largest community bank go from here? Standing still has never been Umpqua CEO Ray Davis’ style and no doubt more growth is around the corner. [...]

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Sportsman’s shares not so attractive as hoped

Turns out investors weren’t as thrilled over Sportsman’s Warehouse Holdings shares as the company hoped. Shares were priced at $9.50 Wednesday, well below the $11-$13 per share market the Midvale, Utah-based outdoor supply retailer was eyeing. Sportsman’s is expected to raise about $70.3 million and plans to pay down loans. +++ A Chicago Business Journal [...]

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Retail Federation urges quick port contract deal

Here in the Rogue Valley freight transportation centers on trucking with sparse amounts carried by air and rail. In the bigger picture, when it comes to transportation of goods, coastal shipping ports have the best of all worlds, and the worst. Billions of dollars in goods, some of which find their way to Southern Oregon, [...]

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Pear Blossom weekend activities run the gamut

Running, parading, watching, eating, shopping. Those are among the many usual Pear Blossom Festival activities Rogue Valley residents participate in during the second weekend of April. One that I’ve gotten more and more attune to is the Fred Meyer plant sale, where hundreds of people bring their own pots and containers and then hand them [...]

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Home Depot clinics show ways to save water

Home Depot will host water conservation workshops at all 1,977 of its U.S. stores, on Saturday, April 26, including the North Phoenix Road location.. The Atlanta-based retailer said the workshops are especially useful for Western homeowners, where many face water restrictions. Workshop leaders will cover 10 home improvement projects, such as converting to a dual-flush [...]

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Bella Vista Heights beginning to take hold

For nearly a year the first batch of model Bella Vista Heights homes near East McAndrews Road sat empty. They may have been among the nicest looking houses with expansive views of the Rogue Valley, but they couldn’t find their match. In recent months, however, that has changed and most of the original eight residences [...]

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Sportsman’s Warehouse ready to go public

Sportsman’s Warehouse, which battled back from Chapter 11 bankruptcy in 2009, has is now making the jump to public ownership. The Midvale, Utah-based firm today operates 49 stores in 18 states, including a 46,000-square-foot operation in Medford’s Delta Center, which opened in 2007. The outdoor chain, founded in 1986, grew to nearly 70 stores under [...]

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Business networking groups hosts gathering

Rogue Valley Professionals, one of five Business Networking International chapters in Southern Oregon is hosting visitors day on April 22 at Rogue Valley Country Club. The networking group, which allows one member per profession in each group, seeks to enhance members’ understanding of work structure, education and accountability in the workplace. BNI regional representative Robin [...]

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Oregon sees construction employment growth

Oregon added the third-most construction jobs by percentage between January and Feburary in a report issued by the Associated General Contractors of America. We saw 7,000 additional construction jobs, a 9.8 percent gain. Nationwide, construction firms added jobs in 37 states during the past 12 months and in 30 states between January and February. Association [...]

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    Greg Stiles

    Covering the Southern Oregon business and economy since 2001. Read Full
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