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10A Daily News – Saturday, January 19, 2013 Furniture Depot NEW YEAR 50-60% OFF Select Items 235 So. Main St., Red Bluff 527-1657 MON.-FRI. 9:00-6:00 SAT. 9:00-5:00 • SUN. 11:00-5:00 limited to stock on hand Stocks end week with gains; GE rises, Intel falls NEW YORK (AP) — Better earnings from General Electric and Morgan Stanley helped the stock Wall Street market inch higher Friday, as major indexes closed out their third straight week of gains. GE led the 30 stocks in BUY TICKETS NOW & SAVE TICKET OUTLETS Red Bluff: Red Bluff Bull & Gelding Sale Office - Antelope Blvd., Pauline Davis Pavilion (January 22-26, 2013) Anderson: Boot Barn - Factory Outlets Chico: Boot Barn - Esplanade Los Molinos: Mill Creek Restaurant SEATS AVAILABLE IN • VIP SEATING includes: Preferred Seating & Mexican Fiesta by Carlito's Mexican Restaurant "Best Mexican Food in Red Bluff" • ARENA SEATING: Arena floor • GENERAL ADMISSION: Grand Stands SCHEDULE OF EVENTS: Invitational FFA Calf Scramble Lil' Buckaroos Bull Riding (7 & under) Ranch Hand Saddle Bronc Riding Bull Riding - (Exclusively featuring Kish Bucking Bulls) Dance: Chad Bushnell & The Chad Bushnell Band BUY EARLY SELLS OUT JANUARY 26, 2013 GATES OPEN @ 5PM – RODEO @ 7PM Tehama District Fairgrounds, Pauline Davis Pavilion Held in conjunction with Red Bluff Bull & Gelding Sale BUY YOUR TICKETS ONLINE @ WWW.REDBLUFFBULLSALE.COM DAILY NEWS RED BLUFF This ad co-sponsored by TEHAMA COUNTY the Dow Jones industrial average after the conglomerate reported stronger quarterly earnings, thanks to orders from Brazil, Angola and other developing countries. Profits increased at all seven of its industrial segments, including oil and gas, energy management, aviation and transportation. GE climbed 74 cents to $22.04. The Dow gained 53.68 points to end at 13,649.70. The Standard & Poor's 500 index rose 5.04 points to 1,485.98, while the Nasdaq composite fell 1.30 points to 3,134.70. Even though investors had plenty of news to digest, trading was largely quiet. ''Earnings always matter,'' said Rex Macey, the chief investment officer of Wilmington Trust Investment Advisors in Atlanta. ''But just because we're in the middle of earnings season doesn't mean we're going to get huge market moves.'' This earnings season is off to a good start so far. Of the 67 companies in the S&P 500 that have reported, 43 have trumped analysts' estimates. Solid results this week from JPMorgan Chase and others, along with encouraging news on housing and employment, pushed the S&P 500 index to its latest five-year high. Morgan Stanley's earnings surged across its many business lines, as more companies hired the investment bank to help it raise money and line up mergers. Morgan Stanley gained 8 percent, rising $1.63 to $22.38. Intel, the world's biggest chipmaker, said late Thursday that fourthquarter net income fell 27 percent. A growing preference for smartphones and tablets, instead of personal computers and laptops powered by Intel chips, have made investors wary of the company's stock. It lost $1.43 to $21.25. Norwegian Cruise Line soared 30 percent in its first day of trading, the top performance of the three companies making their public debut on Friday. Five companies raised a total of $1.8 billion through initial public offerings this week, making it the best week for IPOs since early October, according to the data provider Ipreo. American Express fell 96 cents to $59.78. Hefty charges tied to the credit card issuer's plan to cut jobs and reorganize some business lines hurt results, and revenue fell short of estimates. Analysts forecast that companies in the S&P 500 will report a 4 percent increase in fourthquarter earnings over the same period the year before, according to a report out Friday from S&P Capital IQ. They say banks and other financial firms should have the strongest profit growth of any industry. Technology companies like Intel are expected to struggle. Among other companies in the news: — Capital One lost 7 percent after reporting revenue and earnings that fell short of analysts' estimates. The bank and credit-card company also lowered its forecast for revenue in the months to come, and many brokerages quickly responded by cutting their outlook for the company's stock. Capital One sank $4.60 to $56.99.