Issue link: https://www.epageflip.net/i/25005
10B – Daily News – Friday, February 11, 2011 Stocks finished flat on Thurs- day, dragged down by Cisco Systems Inc. and Akamai Technologies Inc. Both issued weak earnings fore- casts, raising concerns about business and technology spending. The Dow Jones industrial average ended an eight-day winning streak, entirely a result of Cisco’s 14 percent drop. Other indexes managed slight gains. Cisco, the world’s largest networking equipment maker, had the largest fall of the 30 stocks that make up the Dow. The company said late Wednesday that its fourth- quarter income slid 18 per- cent because of lower sales to government agencies, a prob- lem that could worsen over the next few quarters. ‘‘Cisco is stumbling,’’ said Rob Lutts, president and chief investment officer of Cabot Money Management. ‘‘When you’re No. 1, it’s hard to stay there.’’ Lutts said the weak results reflect Cisco’s struggle to stay competitive, not necessarily weakness in the technology industry over- Cisco, Akamai pull technology stocks lower Wall Street NEW YORK (AP) — all. Akamai Technologies fell 15 percent after the company said competitors are forcing it to offer lower prices for its Web streaming services. Aka- mai was the weakest stock in the Standard & Poor’s 500 index of large U.S. compa- nies. Whole Foods Market Inc. rose 12 percent in after the natural foods grocer reported a 79 percent increase in first quarter net income. It had the biggest gain of any stock in the S&P 500. Sprint Nextel Corp. rose 5.7 percent after the company increased its subscribers under contract for the first time in about four years. The Dow lost 10.6 points, or 0.1 percent, to close at 12,229.29. The S&P 500 rose a point, or less than 0.1 per- cent, to 1,321.87. The Nasdaq composite rose 1.38 to close at 2,790.45. Rising stocks narrowly outpaced declining ones on the New York Stock will decline. Exchange. Volume was 1 bil- lion shares. Stocks traded lower much of the day despite positive news on jobs. The Labor Department said 383,000 people applied for unemploy- ment benefits for the first time last week, the lowest level in nearly three years. Economists say applications would need to fall to 375,000 or below on a consistent basis before the unemployment rate The Commerce Depart- ment also reported that busi- nesses at the wholesale level increased their inventories in December even though demand for their products slowed. The hope is that increased demand will keep factories busy. Tehama Country Real Estate THIS WEEK WESTERN REAL ESTATE Commercial Properties For Sale: MINCH PROPERTY MANAGEMENT 760 Main St. • 530-527-5514 HUGE LASSEN VIEWS 4+ ACRES Large exceptional home, immaculate, huge living room, lots of light, extensive tile, office, built in 2005, 3 car garage, beautiful at $324,000. Call Barry at (530) 941-1799 2415 Larkspur Lane, Suite A. Redding, CA 96002. DRE License #: 00480273 530-722-3457 • 760 Main St. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5,750 sq/ft • 840 Main St. (Or lease) Major Price Reduction! . . . . . . . . . . . . . . . . . . 11,400 sq/ft • 1870 Montgomery (Industrial) Major Price Reduction! . . . . . . . . . . . . . 2 Acres • Flores Ave/I-5 ( Industrial / Ag , Duck Pond) . . . . . . . . . . . . . . . . . . . . . . . 24, 53 or 62 Acres • 13545 Saint Marys Ave. (Or lease) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40,000 sq/ft • 409 Walnut Stree t (Or lease) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4274 sq/ft Commercial Properties For Lease: • 22680 Antelope Blvd. (Former Tire Shop . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5,600 sq/ft • 562 Antelope Blvd. (Residence & Office) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,200 sq/ft • 1156 Monroe St. (Roll-up Doors) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,580 sq/ft • 460 Antelope Blvd. (Retail space available in Holiday Market) . . . . 1 to 3,000 sq/ft • 731-741 Main St. ( Upstairs ) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . various size suites • 349 Pine St. (Office retail space) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 819 sq/ft • 225 Walnut St. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,000 sq/ft • 955 Main St. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,995 sq/ft • 726 Pine Street (Wa rehouse) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,250 sq/ft 1938 sq. ft. 3/2 on 10 acres in Richfield $249,900 Clean 3/2, RV parking, Country Village Location. $164,500 (530) 529-4111 DRE # 01174300 www.ucarea.net 658 Rio Street, Red Bluff 2 bed 1 bath 1852 sq.ft. home zone community commercial...$74,200 3 bed 1 bath 1197 sq.ft. home on large lot...............................$74,900 3 bed 1 bath 1008 sq.ft. home on 2.36 ac...............................$94,900 2 bed 2 bath 1338 sq.ft. home on 0.72 acres........................$108,000 4 bed 2 bath 1716 sq.ft. on 10 acres.....................................$135,000 Robert Thayer, Owner / Realtor 1416 Solano St. Corning Ca, 96021 Cell (530) 515-3367 Email rthayer@remax.net License # 01486553 RE/MAX American Dream 2006 SAT., FEB. 12TH Or by appointment • 11:30 am - 1:30 pm Rio Vista Mobile Estates #92 ON THE RIVER, 2/2 Doublewide 1300 sqft $42,300 Call 527-7297 ALL O.W.C. $1K TO $5K DOWN 4/2, Pool by Walmart 3/1 on 6 Acres - ALL NEW 2/2 MFH $86K - ALL NEW 10 Acres, Well, Septic, Power VIEW LOTS $1000 DOWN IN PAYNES CREEK (530) 921-4849 5000DOWN.INFO OPEN HOUSE C & C PROPERTIES 741 Main Street, Suite #2 Red Bluff, CA 96080 1-800-287-2187 (530) 527-2187 An Independently owned and operated Member of Coldwell Banker Residential Affiliates. FOR 24/7 PROPERTY INFO CALL 1-888-902-7253 AND ENTER THE PROPERTY CODE FROM THE AD. FORECLOSURES AND RESIDENTIAL HOMES UNDER $200,000 ~ $129,900 - 3 Bd, 2 Ba, - 1450 sq. ft. - prop code 4109 ~ $155,000 - 3 Bd, 2 Ba, - 1560 sq. ft. - prop code 24129 ~ $130,000 - 2 Bd, 2 Ba, - 1344 sq. ft. - prop code 4279 ~ $122,900 - 3 Bd, 1 Ba, - 1112 sq. ft.- prop code 4789 ~ $109,000 - 4 Bd, 2 Ba, - 1799 sq. ft. - prop code 4039 ~ $185,000 - 3 Bd, 2 Ba, - 1386 sq. ft. - prop code 4529 ~ $145,000 - 2 Bd, 2 Ba, - 1532 sq. ft. - prop code 4079 ~ $122,900 - 3 Bd, 1 Ba, - 1112 sq. ft. - prop code 4789 ~ $94,900 - 3 Bd, 1 Ba, - 1200 sq. ft. - prop code 4619 ~ $149,900 - 3 Bd, 2 Ba, - 1080 sq. ft. - prop code 4289 ~ $109,000 - 4 Bd, 2 Ba, - 1799 sq. ft.- prop code 4039 www.redbluffcoldwellbanker.com See All Tehama County Listings at TEHAMA COUNTY REAL ESTATE TEAM • OPEN 7 DAYS A WEEK ➥ Get Results! Put your ad in Tehama Country Real Estate THIS WEEK