Red Bluff Daily News

September 14, 2010

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8B – Daily News – Tuesday, September 14, 2010 MORE THAN JUST BOWLING & Bowling Greens Minature Golf FALL LEAGUES FORMING NOW! Kids • Adults • Seniors • Reno Leagues • Earn a Ball Leagues • Instructional Leagues • Day & Evening Leagues We’ve got it all! Check out www.LariatBowl.com Mention this ad Bring in this ad to receive 1 FREE GAME OF BOWLING with one paid game. offer or discount. Not valid after 6pm Fri or Sat. Expires10/31/10 365 So. Main, Red Bluff • (530) 527-2720 • www.LariatBowl.com Saw & Mower ORLAND We are the one stop shop for all your outdoor power equipment needs. Our certified trained technicians and friendly knowledgeable staff are here to help keep you mowing, trimming and full of power. Stop in and say hi to Joel & Rhonda Snow & Anna too! We are just a few minutes from anywhere... • Mowers • Chainsaws NOW OPEN! SALES • PARTS • SERVICE ® Valid for up to 6 people One coupon per group per day. Not valid w/any other Investors looking for reas- surances about the health of the global economy received just that Monday. Stocks extended their rally into a third week after global regulators agreed to new rules for how much money banks must hold in reserves, China reported its economy remains robust and companies announced a flurry of new takeovers. ‘‘The package of cata- lysts is a perfect backdrop for a market trying to con- firm global economic growth,’’ said Quincy Kros- by, a market strategist at Prudential Financial. Deal- making and the expansion in China further reduced worries about the economy falling back into recession, Krosby said. The Dow Jones industri- Stocks climb on bank reform Wall Street NEW YORK (AP) — al Holdings Inc.’s acquisi- tion offer. Acquisitions are often a sign that companies are confident the economy is going to expand soon. Global regulators agreed to reforms that could help avoid another credit crisis like the one that plagued financial markets world- wide in 2008 and early 2009. Banks will gradually have to increase their reserves to protect against potential losses. ‘‘The agreement itself RED BLUFF OUTDOOR POWER 527-5741 490 Antelope Blvd. Red Bluff Mon.-Sat. 8-5Locally owned by Joel & Rhonda Snow 2901 Douglas St., Anderson Mon.-Sat. 8-5 QUALITY SAW & MOWER 365-8700 SAW & MOWER 865-8800 ORLAND 235 E. Walker St. (Hwy 32) Orland Mon-Sat.8-5 al average rose 81 points for its eighth gain in the past nine days. The Dow did close off its high after some traders pulled money out of retail stocks ahead of the government’s monthly retail sales report due out Tuesday. But overall sentiment remained positive, pushing major indexes to their high- est closes in more than a month and the Standard & Poor’s 500 and Nasdaq composite indexes back into positive territory for the year. Hewlett-Packard Co. agreed to purchase security software provider ArcSight Inc. and Dollar Thrifty Automotive Group Inc. said it accepted Hertz Glob- was a little lighter than expected,’’ said Mitch Schlesinger, managing director at FBB Capital. Because reserve require- ments will be rolled out slowly and not be quite as strong as expected, it reduces short-term worries that banks would have to further cut back on lending and raise cash quickly to meet new standards, Schlesinger said. The new regulations have added to confidence in Europe’s banks, which have been slower than their U.S. counterparts to bolster reserves. European markets rose sharply Monday. Investors entered trading in the U.S. Monday already heartened by the latest signs of growth out of China. The country reported industrial production accelerated again in August when many had predicted slower growth. Strong expansion in China is considered vital to a global recovery Always a Realtor on call! Homes • Mountain Cabins Commercial • Land Ag • Ranch 530 529-4111 658 Rio St., Red Bluff www.UCAREA.net EQUAL HOUSING OPPORTUNITY DRE # 01174300 RANDAL ELLOWAY DDS, INC. Implants & Advanced Cosmetic Dentistry A wise choice for quality family dental care. 530 527-6777 2426 So. Main St., Red Bluff VISIT US @ www.drelloway.com www.rollinghillscasino.com percent, to $13.95. Hewlett-Packard, which has been buying up smaller companies in recent months, will pay $1.5 bil- lion, or $43.50 per share, in cash for ArcSight. ArcSight jumped $8.81, or 25 per- cent, to $43.91, while Hewlett-Packard rose 8 cents to $38.28. because if demand remains high there, it will offset sluggish growth in the U.S. where economic expansion is not as strong. The Dow rose 81.36, or 0.8 percent, to 10,544.13. The S&P 500 index rose 12.35, or 1.1 percent, to 1,121.90, while the Nasdaq composite rose 43.23, or 1.9 percent, to 2,285.71. More than three stocks rose for every one that fell on the New York Stock Exchange, where volume came to 934.8 million shares. Britain’s FTSE 100 rose 1.2 percent, Germany’s DAX index gained 0.8 per- cent, and France’s CAC-40 rose 1.1 percent. Japan’s Nikkei stock average climbed 0.9 percent. JPMorgan Chase & Co. and Bank of America Corp. were among the biggest gainers in the financial sec- tor. JPMorgan Chase rose $1.36, or 3.4 percent, to $41.12, while Bank of America rose 40 cents, or 3 M-F Now on Facebook 6am-2pm * Taste of Tehama! Milling Wheat into Flour Made with Organic & Local Ingredients 446 Antelope Blvd. #38 Left side of Antelope Holiday Mkt 529-1687 Our bread is now being sold at Hertz agreed to pay $1.43 billion, or $50 per share, for Dollar Thrifty, beating out competitor Avis Budget Group Inc. in a bid- ding war to acquire the rival rental car company. Dollar Thrifty rose $2.57, or 5.4 percent, to $50.58, while Hertz rose 79 cents, or 7.9 percent, to $10.84. Andrew Neale, a portfo- lio manager at Fogel Neale Partners said the acquisition activity is ‘‘crucial for investors’’ because when companies are confident and investing money, it adds to investor confidence. Oil prices continued to rise as a leak in a pipeline that supplies oil to refiner- ies in the Midwest remains closed. Benchmark crude rose 74 cents to settle at $77.19 a barrel on the New York Mercantile Exchange. Treasury prices rose modestly, indicating not all investors were confident in the latest signs of growth. The yield on the 10-year Treasury note, which moves opposite its price, dipped to 2.74 percent from 2.79 late Friday. Its yield is often used to help set inter- est rates on mortgages and other consumer loans. ●●●●●●●●●●●●●●●●●●● also Toddler program Recently expanded and moved near Bidwell Elementary License # 525405817 (530) My qualifications include: B.A. in Elementary Education and experience teaching grades K-8. 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