Red Bluff Daily News

July 20, 2010

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8B – Daily News – Tuesday, July 20, 2010 440 Antelope Blvd. #12 25 years professional experience. Quality Work Very Reasonable Rates • Automatic • Manual • Parts • Computer Diagnosis • Clutches • Transfer Cases • CV Axles transmission, parts and needs CALL TODAY! 529-4493 See us for all your 10% OFF TRANSMISSION FLUSH Bring ad to redeem special Not good with any other offer. SERVICE Thru July 31, 2010 Respiratory Equipment NEW YORK (AP) — The stock market is fulfill- ing predictions of an uneasy trek through second-quarter earnings season. Stocks zigzag as investor optimism waxes and wanes Wall Street New York, said before the market closed. Stocks ended a choppy day Monday with a moder- ate rebound that sent the Dow Jones industrial aver- age up 56 points. Analysts said the advance was due in part to investors’ regaining their optimism about earn- ings. 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Milling Wheat into Flour Using Organic & Local Ingredients www.rossersbakery.com 446 Antelope Blvd. #38 Left side of Antelope Holiday Mkt 529-1687 Community Calendar July 1 – Aug. 5, 5 – 9 PM Child Birth Series Coyne Center, Call 736.0645 Thursdays, 3 – 5 pm Grief Support Group Coyne Center, Call 528.4207 St. Elizabeth Community Hospital A member of CHW www.redbluff.mercy.org/sports redbluff.mercy.org ALSCO, INC. Since 1948 535 Antelope Blvd., Red Bluff (530) 527-4001 • PVC PIPE & FITTINGS • LAWN AND GARDEN SUPPLIES • DESIGN & INSTALLATION ON ALL SHAPES & SIZES OF IRRIGATION PROJECTS • AGRICULTURE & DOMESTIC PUMPS Clint Heiber & Russ Harman owners Lic#381307 8am-12pm Mon.-Fri. 8am-5pm Sat. Specializing in home respiratory services Bi-level Therapy CPAP Portable 02 Systems 02 Concentrators short of expectations, and investors were back to sell- ing in after-hours trading. IBM Corp. did issue a more upbeat forecast for its 2010 earnings that in the past would have lifted stocks. But with investors increasingly on edge about signs of trouble in the econ- omy, many decided not to share in IBM’s more confi- dent view of the future. ‘‘The market is caught up by this fear factor over how much the economy has slowed and what does it mean in terms of future earnings growth,’’ Peter Cardillo, chief market econ- omist for Avalon Partners in Stocks fell across a vari- ety of industries in after- hours trading. IBM was hard hit, and investors also punished Texas Instruments Inc. after the chip maker matched but didn’t surpass analysts’ second-quarter revenue predictions. Analysts have predicted that stock trading would be erratic throughout earnings season. Recent economic data has been disappointing, and investors are having a hard time trusting upbeat forecasts. Stocks had fallen sharply Friday, taking the Dow down 261 points, after news of a drop in consumer confi- dence. That was a negative Katrina Perdue D.M.D. GENERAL DENTISTRY 2150 N. 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Alan Gayle, senior investment strategist for RidgeWorth Investments, said Monday’s market moves were in part a response to the announce- ment of better-than-expect- ed orders for Boeing Co. at the Farnborough Interna- tional Airshow in Britain. The aircraft maker announced orders at the Farnborough show, includ- ing a deal with Dubai-based airline Emirates worth $3.6 billion. Boeing’s stock rose dur- ing regular trading, but it joined other stocks in falling in after-hours trading in response to IBM’s revenue report. The Dow rose 56.53, or 0.6 percent, to 10,154.43. The Standard & Poor’s 500 index rose 6.37, or 0.6 per- cent, to 1,071.25, the Nas- daq composite index rose 19.18, or 0.9 percent, to 2,198.23. www.redbluffyamaha.com M-F 6am-2pm * Now on Facebook Rosser’s Bakery & Specialty Foods

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