Red Bluff Daily News

January 04, 2011

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8B – Daily News – Tuesday, January 4, 2011 Stocks start 2011 with a lift NEW YORK (AP) — Stocks started 2011 with a lift Monday thanks to better news on the economy. Manufacturing activ- ity and construction spending both rose more than analysts were predicting. The Institute of Supply Manage- ment's index of manu- facturing activity rose 8049 Hwy 99E, Los Molinos, CA We Accept EBT “Your Family Supermarket” We appreciate your business - and we show it! HOURS: 7AM - 9 PM DAILY BLACK CANYON ANGUS BEEF WE FEATURE SPECIALLY CUT MEATS AT NO EXTRA CHARGE Sirloin Tip Roasts (Boneless) $249 lb. Fuji, Granny Smith, Jonagold or Red Delicious 99¢ lb. Prices good thru Jan. 5-11, 2011 Meat Specials Top Sirloin Steaks $349 99¢ Liquor Special Miller, Bud or Coors 18 pks McCalls Milk, gallon 2 for $600 (Discount taken on 2nd gallon) Starkist Chunk Lite Tuna 5 oz 4 for $300 $1299 Grocery Specials Yoplait Yogurt 10 for $600 Special K Cereal 11.4-19.5 oz $ 299 +CRV . lb. Produce Specials Cello Head Lettuce EA. Active Senior Citizens A Retirement Community for the Wall Street in December for the 17th straight month. Separately, the Com- merce Department said construction spending rose 0.4 percent in November. The Dow Jones industrial average jumped 123 points, or 1.1 percent, to 11,700 in midday trading. The Standard and Poor's 500 index gained 17, or 1.4 percent, to 1,275. The Nasdaq composite rose 48, or 1.8 percent, to 2,701. The gains were broad. All 10 company groups that make up the S&P index rose. Finan- cial companies led the 384-1563 WE ACCEPT FOOD STAMPS NO CARDS REQUIRED FOR EVERYDAY LOW PRICING OR SALE ITEMS way with a 2.2 percent jump. Bank of America Corp. shot up 5.1 per- cent to $14.02 after the bank settled a dispute with Fannie Mae and Freddie Mac over soured mortgage invest- ments. That was the best performance among the 30 stocks that make up the Dow index. Intel Corp. had the largest fall, losing 0.1 percent to $20.90. The better economic news dimmed the appeal of safer assets. The yield on the 10- year Treasury note, which rises as its price falls, moved up to 3.38 percent from 3.29 per- cent late Friday. Small companies, which are considered BOOK BARN - Jan. 3rd We will be closed Dec. 24th for our annual holiday vacation. Reopen Jan 4th Happy Holidays Jack & Linda 619 Oak St., Red Bluff TEHAMA ESTATES PROVIDES: ◆ Independent Living ◆ Private Apartments ◆ Three Nutritious Meals Daily ◆ 24 Hour Secure Environment ◆ House Keeping Services ◆ Warm & Friendly Staff ◆ Recreational Programs ◆ Scheduled Transportation ◆ Private & Formal Dining Rooms EQUAL HOUSING OPPORTUNITY 750 David Avenue, Red Bluff • 527-9193 Every Friday in the D NEWSAILY RED BLUFF TEHAMACOUNTY Coupon Queen A new column to help you save money Gayle’s Tuxedo Rentals Moving to 623 Main Street Downtown Red Bluff M-F Now on Facebook 6am-2pm North Valley Chevre Goat Cheese. It’s fabulous! Milling Wheat into Flour Made with Organic & Local Ingredients 446 Antelope Blvd. #38 Left side of Antelope Holiday Mkt 529-1687 We now have riskier investments, surged. The Russell 2000, which tracks the performance of smaller stocks, jumped 2.1 per- cent. In corporate news, Goldman Sachs Group Inc. gained 2.8 percent to $172.91 after the New York Times report- ed that it bought a stake in Facebook in a deal that valued the company at $50 billion. Facebook remains a private company, though its shares are traded on private stock exchanges. Shares rose through- out Europe earlier in the day after a report showed that manufac- turing in countries that use the euro expanded faster than analysts had Tehama District Jr. Livestock forecast. The Euro Stoxx 50 index rose 0.6 percent. Benchmark indexes in France and Belgium each rose more than 2 percent. The dollar rose 0.1 percent against an index of six heavily traded currencies. Stocks in the U.S. ended mixed on Friday, which marked the last day of trading in 2010. For many investors, 2010 turned out better than expected. Every major stock market index in the U.S. increased by double digits. The S&P 500, the market measure used by most professional investors, returned 15.1 percent after dividends. Historically, the index has returned an average of 10.01 percent a year, including dividends. Stocks ended 2010 especially strong. The S&P gained 20 percent over the last four months of the year, capped by a 7 percent jump in December. THE WINDOW & DOOR SHOP “Let us serve you” ★ Sales ★ Installation ★ Custom Doors ★ Pre-Hanging ★ Matching Molding & Trim Packages ENERGY EFFICIENT WINDOWS 1040 B Monroe St., Red Bluff (530) 527-7962 LIC#659256 Rosser’s Bakery & Specialty Foods Annual Meeting Wed., Jan 12th 6pm held in the Tehama Room @ Tehama District Fairgrounds

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