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Saturday, October 26, 2013 – Daily News 3B Stocks rise on profit gains from Microsoft, others NEW YORK (AP) — Strong third-quarter results from technology companies drove investors into stocks on Friday, giving the market its third straight weekly gain. After reporting results that topped expectations, Microsoft rose 6 percent and Amazon.com rose 9 percent. The Standard & Poor's 500 index hit a record. The Nasdaq is the highest it's been in 13 years. The gains were broad. All 10 industry groups in the S&P 500 rose, led by telecommunications with an increase of 1 percent. Earnings for companies in the S&P 500 index are expected to grow 4.5 percent in the third quarter over the same period a year ago, according to Wall Street S&P Capital IQ, a research firm. While respectable, that rate of growth is less than half what was expected at the start of the year. Some market watchers say even that profit growth may not last. They note that much of it is coming from cutting expenses, not increasing revenue, as the global economy remains sluggish. ''The question is: What is the outlook for earnings?'' Steven Ricchiuto, chief economist at Mizuho Securities, said. ''There is only so much you can do with cost-cutting.'' The Dow rose 61.07 points, or 0.4 percent, to close at 15,570.28. The 2317 sq.ft. 3 bed, 2 bath on corner lot. $199,000 2 acres with power along the road.............................................................................$25,000 2 homes on 3.27 acres, fenced and crossed fenced...............................................$145,000 160 acres with cabin................................................................................................$200,000 1586 sq. ft. home in the mountains............................................................................$60,000 20 acres with well and septic, and power along road .............................................. $100,000 10.75 acres with a shop, power, well and septic.......................................................$129,900 3 bed 2 bath home on 5.74 acres with large shop, fenced......................................$237,000 Two river front lots zoned multi family ................................................................ $85,000 ea 15.31 acres with power and community water, several out buildings and year round creek.........$80,000 5.9 acres with power along the road..........................................................................$50,000 5500 sq. ft. Commercial Building That has two suite offices, apartment and warehouse....$190,000 2 bed, 1 bath with bonus room................................................................................................SOLD! S&P 500 rose 7.70 points, 0.4 percent, to 1,759.77. The S&P also closed at a record high Tuesday. The Nasdaq composite rose 14.40 points, or 0.4 percent, to 3,943.36. That was its highest close since September 2000. Major U.S. stock indexes have soared this year. The S&P 500 is up 23 percent, the Nasdaq composite 31 percent. In addition to higher earnings, investors have been encouraged by continued economic stimulus from the Federal Reserve. Many had expected the Fed to pull back from its stimulus before the end of year, but now think the central bank will hold off until next year, possibly until March. The Fed is buying $85 billion worth of U.S. gov- ernment and other bonds with the aim of keeping interest rates low. The stimulus program has helped investors brush aside a few warning signs about the market. Stocks look fully priced by some measures comparing them to earnings, for instance. And revenue growth is slowing. Revenue for S&P 500 companies is expected to grow just 2 percent for all of 2013, half the growth of the year before. Economic news Friday suggested they may struggle to increase sales for a while yet. The U.S. government that reported orders for long-lasting factory goods, excluding aircraft and military-related products, fell 1.1 percent. Tehama Country THIS Real Estate WEEK Serving all of Tehama County, Northern Glenn County & Southern Shasta GIPSON MLS REALTY INC. 1704 Solano St, Corning CA, 96021 Call me at (530) 515-3367 for any information on any listing, or listing your own home/business/property. RE/MAX American Dream Email rthayer@remax.net License # 01486553 Tehama Country Real Estate THIS WEEK online www.redbluffdailynews.com Robert Thayer, Owner / Realtor Lic#01806926 660 Main St., Red Bluff (530)529-2300 Near Corning $95,000 Several possible building sites among magnificent oak trees. Wells in, power at the road, view of surrounding mountains. 1275 feet of Thomes Creek frontage Near Flournoy store, deli, school. From Interstate 5, take Corning Rd west for 12 miles. Property is to the left immediately after crossing the Thomes Creek bridge. Property is accessed by Corning Rd, Weston Rd, and Paskenta Rd Call Franki Halloran Century 21 Select 916 949-5766 Open House Sat 10-26 & Sun 10-27 Noon to 3pm INVESTMENT PROPERTY. 3 units, 1 great price! 3 bedroom/1 bath home, 2 bedroom/1 bath home and a 1 bedroom/1 bath home on a city lot. Move-in Ready. Listed to sell at...$179,000 12.75 ACRES IN COTTONWOOD. Very nice studio w/open kitchen and dining room, living room and faux wall for sleeping area. Includes a detached 2 car garage w/extra rooms & bathroom. Property is has perimeter fencing except for across the seasonal pond. Asking.........................................$225,000 5 SEPARATE PARCELS for a total of 7.5 acres. Los Molinos water shares for irrigating and an old 3 bedroom, 2 bath home. All for..........................................................................$230,000 BE YOUR OWN BOSS. Copy center & print shop in business for over 28 years at same location. Includes a 2,596+/- sf building with 2 rental units, lots of public and some private parking. Plenty of repeat clientele Reduced to...........$675,000 M2 ZONING with a 12,000+sf building, located on 14 acres west of Red Bluff. Paved road frontage, heavy industrial zoned, many possibilities. Owners are motivated..................$300,000 ENJOY THE MTN AIR. Comfy 2 bedroom, 1 bath cabin with 3rd room that could be used for sleeping. Beautiful knotty pine thru out, has a wood stove plus a space heater, decking and a detached 1 car garage. Within walking distance to store & restaurant.........$124,000 27.33 PRISTINE ACRES Ben Gipson, Broker.................................529-2300 Kim Miller, Realtor® ..................................840-0733 Ken Davis, Realtor®.................................209-9059 www.gipsonrealty.com NEW TO THE MARKET. Spacious and clean 2 bedroom, 2 bath mfg. home. Covered front patio, carport and 2 outbuildings. Located in a park on the Sacramento River. .................................................................................... $15,000 Dramatic Price Reduction!! ON THE RIVER!! $549,500 22399 Adobe RoadSpectacular river front home with a 75' patio, on the edge of the river, 2400sf home on 1/2 an acre. RE/MAX Five Star 2405 Hilltop Drive Don D. Davis Redding, CA 530-524-3137 96002 DRE LIC # 00368854 WESTERN REAL ESTATE OPEN HOUSE MILL CREEK FRONTAGE MINCH PROPERTY MANAGEMENT 760 Main St. • 530-527-5514 Commercial Properties For Sale: • 124 S. Jackson, 3.65 acres NOW REDUCED.........$174,500 ALL WEEK Monday thru Sunday 9am to 5pm • 1870 Montgomery (Industrial) ..................................................................2 Acres • 13545 Saint Marys Ave. (Or lease)............................................40,000 sq/ft • 728 Rio Street Rare downtown river front lot ........................$98,000 Rio Vista Estates Commercial Properties For Lease: Adult park on the river • 124 S. Jackson ....................................700 sq/ft Fenced Shop, Storage • 731-741 Main St. (Upstairs)...............................................various size suites • 955 Main St. (Suite inside Bank of America building)...................2,995 sq/ft • 560 Diamond Avenue (Vacant Pad)................................................8,000 sq/ft • 1040 Monroe Street (Commercial/Industrial)...........................1,000 sq/ft • 756 Rio Street (Three secure 250 sq/ft suites. No deposit required). Also entire space available.......................................................................1,800 sq/ft 3000 s.f. home, plus Huge Shop $299,000 2 bd, 2 ba #92 $30,900 528-2371 2 bd, 1 ba #124 $29,900 Owner Will Carry 590 Antelope Blvd. Bldg. A, Suites 10 & 20, Red Bluff (530) 527-3100 Charming 3/2 large corner lot ........................................ $139,000 Antelope area 3/2 with new well, paint etc.....................$135,000 Immaculate mobile on 1.5 ac in Dairyville......................$145,000 Antelope home 3/2, on .65 acres...................................$194,000 INVESTORS...Triplex w/full occupancy, 2/1's................$169,000 530-529-2700 314 Washington St, Red Bluff, CA 96080 www.TehamaCountyRealEstate.com Stromer Realty ~ Specializing in residential to ranches ~ http://redbluff.stromerrealty.com 17915 Red Bank Road 173 Acres $375,000 30973 Manton Road Ranch - Manton CA $699,000 2465 Cimarron Drive $250,000 Grazing land with year around spring fed pond, according to owner. Some acreage near road with Class 2 and 3 soil which could become irrigated pasture with installation of an Ag well, or an orchard. Seasonal creek on property, perimeter fencing with some cross fencing. Wildlife, oak trees, rolling ground. Triple wide comes with land, at no value. There is a separate septic and leach field for the mobile, but no domestic well. Owner will consider carrying some paper. Property is in Williamson Act and approximately six miles from town. 10354 Shasta Blvd. $425,000 A foothill ranch in a beautiful setting! 206 +/- acres with 15 3/8ths inches of miner's water. It features two houses one 960 sq. ft. 2/1 home with a carport, patio and deck; as well as a 2500 sq. ft. manufactured home on a foundation with 4 bedrooms, 2 baths and a double car garage. One part of the property borders the P.G. & E. ditch which has great trout fishing. Immaculately maintained 4 bd, 2 ba, 1,973 sf home located in a highly desirable neighborhood. Four bedrooms -one off master bedroom which could be an office or crafts/sewing room. Vaulted ceiling in great room. Five ceiling fans in home. Many upgrades, including a whole house fan. Owners have installed some sunscreens on windows which have the most sunlight. French doors in master bedroom and kitchen/dining room. Lovely backyard with many larger trees and bushes. New storm door on entrance. Low maintenance landscaping a plus! Storage shed for garden tools. Plenty of space. Great for families! Fabulous 4 bd, 3 ba, 3700 sf house and acreage! A stunning view of Dye Creek Preserve, the eastern foothills and the canyon where the Yahi people lived throughout the back of the house. This view will never be changed as no building will be allowed on the preserve. Eight acres of prunes and space for horses or cattle completes this lovely ranchette. Three quarters of the residence has been completely and beautifully remodeled with great attention to detail. Original Tehama County Cattlemen brands are featured on the living room beams. Twelve ceiling fans, leaded glass doors and window, a formal foyer with marble flooring, huge family/bonus room, custom master suite, tons of storage space, some slate floors, spa room on porch - the kind of home which is rarely available on the market. 11601 A St., L.M. Dairyville Ranch 76.27 +/- acres $499,500 Beautiful small ranch with well kept home. 1566 +/sq. ft. House features a brick fireplace with a wood stove insert, parque flooring in hall and bedrooms, a full dining room and a breakfast nook in the kitchen. Sunshades are installed on front windows and patio sliding door. The rugs are in beautiful condition as the owners have lovingly maintained their home. Located in the Los Molinos Irrigation District, the property has 28 1/2 water shares. The rest functions as dry pasture. Several outbuildings. A large grove of very old producing olives is nearby the house. Seasonal Creek. Three septic systems, one domestic well and stock tank.