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January 2007

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Jan 19,2007
Oregon’s seasonally adjusted unemployment rate in December edged up slightly from the previous month -– increasing from 5.3 percent to 5.4 percent.  Oregon rates remain higher than the national average of 4.5 percent, yet according to Oregon Employment Department economists the number of unemployed Oregonians remains essentially unchanged from one year ago in Dec. 2005. In December, Oregon’s seasonally adjusted nonfarm payroll employment declined by 2,100. Over the last four months of 2006, this measure of ... [full story]
1796 times read - No comment posted

Jan 19,2007
LifeWise Health Plan of Oregon named David Lechner as the company’s new Vice President of Sales & Marketing. Lechner will direct the Oregon group sales activities. Lechner adds a broad range of experience in the health-care industry to the existing statewide sales force. Most recently, Lechner led sales efforts at CIGNA HealthCare in Richmond, Virginia, and previously directed national sales at Anthem Blue Cross & Blue Shield in Cleveland, Ohio. “David’s broad industry knowledge and ... [full story]
2198 times read - No comment posted

Jan 19,2007
Umpqua Holdings Corporation, parent company of Umpqua Bank and Strand, Atkinson, Williams & York Inc., and California-based North Bay Bancorp signed an agreement Thursday for Umpqua Holdings Corporation to acquire North Bay Bancorp and its principal operating subsidiary, The Vintage Bank, along with its Solano Bank division. The agreement provides for North Bay Bancorp shareholders to receive 1.217 shares of Umpqua common stock for each share of North Bay Bancorp common stock, giving the acquisition ... [full story]
2305 times read - No comment posted

Jan 19,2007
Patient anxiety. There are books devoted to it. Web sites. There’s even “White Coat Syndrome,” which causes a patient to have high blood pressure and other symptoms only in the doctor's office. The fact is when it comes to visiting the doctor, anxiety-induced symptoms can range from mild fear to a full-blown clinical phobia. Is it the medicinal smell? The stark white walls? The long wait? A bad previous experience? Perhaps it’s the fear of ... [full story]
2049 times read - No comment posted

Jan 19,2007
More than 50,000 snowbirds will spend the winter of 2007 in park model vacation cottages, with most residing in Florida, Texas and Arizona. When Dean Sarbaugh and his wife, Tacy, got the idea of leaving their native Ohio and spending the winter in Florida, they bought a brand new fifth wheel travel trailer. But after trying out several RV parks in central Florida, they wound up buying a 400-square foot recreational park trailer or ... [full story]
3438 times read - No comment posted

Jan 19,2007
Foreclosure filings exceed 100,000 for fifth straight month, up 35 percent from December 2005 RealtyTrac®, the leading online marketplace for foreclosure properties, this week released its December 2006 U.S. Foreclosure Market Report, which shows that 109,652 properties nationwide entered some stage of foreclosure during the month, a decrease of nearly 9 percent from the previous month but an increase of 35 percent from December 2005. The report also shows a national foreclosure rate of one ... [full story]
2540 times read - No comment posted

Jan 19,2007
(Salem) — The Oregon Department of Consumer and Business Services (DCBS) today announced several measures it is taking to strengthen its regulation of the mortgage lending industry. The changes — which include adopting new rules and guidelines, and increasing education and enforcement efforts — are in response to consumer and industry concerns. “Mortgage lending is a key part of Oregon’s economy, and taking out a mortgage is often the single largest financial decision an Oregonian will ... [full story]
1886 times read - No comment posted

Jan 19,2007
Tektronix, Inc., a leading worldwide provider of test, measurement and monitoring solutions, announced that Parade Technologies, Inc., has validated their new DP501 DisplayPort(TM) Transmitter for compliance with the emerging DisplayPort standard using Tektronix test equipment. About Parade Technologies, Ltd and Parade Technologies, Inc.: Parade Technologies, Ltd is a privately-held fabless semiconductor company that specializes in developing digital video display interface products. About Tektronix: Tektronix is a leading supplier of test, measurement, and monitoring products, solutions ... [full story]
1398 times read - No comment posted

Jan 19,2007
Super Bowl Sunday is more than just a big game; it's the most popular grilling day of the winter. According to the Hearth, Patio & Barbecue Association's (HPBA) State of the Barbecue Industry Report, Super Bowl Sunday is one of the Top 10 most popular grilling days of the year with 62 percent of grill owners looking to fire up their grills to feed family and friends for the Big Game."With millions of Americans cooking ... [full story]
1932 times read - No comment posted

Jan 19,2007
The U.S. Food and Drug Administration (FDA) has approved six additional companies to begin selling generic versions of the cholesterol-lowering drug Zocor(R) (simvastatin), effective Dec. 27, 2006. Previously, only two generic simvastatins competed against Zocor; these drugs were approved in June 2006 and granted 180-day exclusivity, which ended on Dec. 23. "Statin drugs, such as Zocor, Lipitor(R), and the eight generic simvastatins are proven to be very effective in lowering cholesterol and preventing cardiovascular disease," ... [full story]
1395 times read - No comment posted

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