Issue link: https://www.epageflip.net/i/267928
8B Daily News – Thursday, February 27, 2014 235 So. Main St., Red Bluff 527-1657 Furniture Depot MON.-FRI. 9:00-6:00 SAT. 9:00-5:00 • SUN. 11:00-5:00 UP TO 50% OFF ALL FLOOR MODELS TEHAMA COUNTY REAL ESTATE TEAM • OPEN 7 DAYS A WEEK www.redbluffcoldwellbanker.com See All Tehama County Listings at C & C PROPERTIES An Independently owned and operated Member of Coldwell Banker Residential Affiliates. 741 Main Street, Suite #2 Red Bluff, CA 96080 1-800-287-2187 (530) 527-2187 Let Our Knowledgeable And Professional Staff Assist You With All Your Real Estate Needs Today ! ~ COMMERCIAL ~ COMMERCIAL ~ 15,300 Sq. Ft. in Great Location.....................................................................$595,000 ~ 2,440 Sq. Ft. Downtown Red Bluff. Parking & Storage...................................$190,000 ~ 11,730 Sq. Ft. Kitchen & Classrooms ............................................................. $235,000 ~ 3,280 Sq. Ft. Shop & Office. Owner May Carry..............................................$149,000 ~ 1,600 Sq. Ft. Corner Property. Great Exposure..............................................$299,900 MANUFACTURED ~ 3 Bd. 2 Ba. In Senior Park Along Sacramento River ........................................ $49,500 ~ 2 Bd. 2 Ba. 1,685 Sq. Ft. Spacious Kitchen, Office, Covered Porch ................ $91,500 LOTS & LAND ~ 4+ Acre Lot In Bend Area..................................................................................$95,000 ~ 1.78 Ac. Level Building Parcel ......................................................................... $22,000 ~ 20 Acres of Level Vina Acerage......................................................................$130,000 ~ 10 + Useable Acres in Corning ......................................................................... $98,000 ~ 1 Acre Lot in Oak Knoll Estates ........................................................................ $50,000 ~ _ + Acre Building Lot in Mountains ................................................................... $55,000 ~ No Space Rent! Lot ready for Mfg. Home.........................................................$19,500 ~ 2+ Acres With Hwy 99W Frontage....................................................................$45,000 ~ 11+ Acres in Gated Community. 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Home. 3 Car Garage..................................$249,000 ~ Highland Bluffs Home With Bonus Room And Full Length Deck...................$299,900 ~ Country Village Home On Huge Lot With Pool & Spa .................................... $234,900 ALWAYS THE RIGHT TIRE ALWAYS THE RIGHT PRICE 1375 Montgomery Rd. Red Bluff, CA T: 530 529-0797 Saigon Bistro NEW BUFFET Lunch Express American & International Food Lunch Buffet Wed-Sat 11 - 2:30 DINNER BUFFET Fri-Sat 5pm-8pm Biscuits & Gravy, Meatloaf, Salad Bar, Sushi, Gumbo, Cajun Shrimp, Sandwiches, Fruit Salad and more Wine & Beer - Catering available 723 Walnut St. Red Bluff • 528-9670 Bee A Champion! Contact Kim Berry at 530.736.1363 or kiminredbluff@sbcglobal.net BECOME A SPONSOR! BUY YOUR FAVORITE LETTER FOR $100 AND YOU WILL RECEIVE: RECOGNITION ON-SITE & IN EVENT PROGRAM & ON WEBSITE & FACEBOOK & POST EVENT RECOGNITION GET YOUR LETTER BY MARCH 15! Stocks edge higher, but S&P 500 ends shy of record NEW YORK (AP) — The stock market is struggling to take it to the next level. For a third straight day the Standard & Poor's 500 index traded above its record close but fell back to end below it. An early move higher Wednesday was led by retailers and home builders, but the gains mostly petered out in the afternoon. By the closing bell the index was up just a fraction of a point. After rebounding from losses early in the year, when investors were concerned about the outlook for growth in emerging markets and the U.S., the stock mar- ket now appears to be at a crossroads. While investors seem comfortable attributing the recent weakness in economic reports to the unusually cold weather, they also appear reluc- tant to push stocks high- er before they see more evidence of growth. ''This is a market that has been trying to deci- pher how much of the negative news is weath- er-based, against con- cerns that we have moved into a soft patch,'' said Quincy Krosby, a market strate- gist at Prudential Finan- cial. The S&P 500 edged up four-hundredths of a point to close at 1,845.16, three points short of its record high close of 1,848.38 set Jan. 15. The index climbed as high as 1,852.65. The Dow Jones industrial average rose 18.75, or 0.1 percent, to 16,198.41. The Nasdaq composite rose 4.48 points, or 0.1 percent, to 4,292.06. Home builder stocks rose sharply after the government reported that U.S. sales of new homes jumped in Janu- ary at the fastest pace in more than five years. That's a hopeful sign after a slowdown in the housing market last year caused by higher inter- est rates. PulteGroup rose 57 cents, or 2.8 per- cent, to $21.25 and Lennar rose $1.52, or 3.6 percent, to $43.78. Retailers rose after several encouraging earnings reports. Lowe's climbed $2.61, or 5.4 percent, to $50.72. The company's net income rose 6 per- cent in the most recent quarter as the home- improvement retailer continued to benefit from a recovery in the housing market. The company also announced a new $5 bil- lion stock repurchase program. Abercrombie & Fitch jumped $4.05, or 11.3 percent, to $40.04 after posting earnings that exceeded the expecta- tions of Wall Street ana- lysts. The retailer also initiated a $150 million accelerated share buy- back program. ''We've dialed esti- mates down in that space, simply because of worries about the effects of the weather,'' said Darrell Cronk, regional chief investment officer for Wells Fargo Private Bank. ''A lot of people were walking in today expecting some of those retail companies to have much softer results.'' Investor may get a catalyst to push stocks higher on Thursday when Janet Yellen, the new head of the Federal Reserve, testifies in front of the Senate's Banking Committee. Stocks jumped Feb. 11 when Yellen spoke to Congress, and said that she would continue the central bank's market- friendly, low-interest rate policies. The comments were her first in public since taking over for Ben Bernanke at the Fed. Her appearance in the Senate was delayed because of a winter storm. Bond prices rose. The yield on the 10-year Treasury note fell to 2.66 percent from 2.70 percent. Among other stocks making big moves: — Barnes & Noble rose 75 cents, or 4.2 per- cent, to $18.47 after reporting a third-quarter profit. Cost cuts at the company's Nook e-read- er unit and elsewhere helped offset declining revenue. — Target rose after reporting its quarterly results. The stock surged $3.98, or 7 percent, to $60.49 after the compa- ny said its sales have been recovering since January, an encouraging sign after shoppers shunned the store after the theft of credit card numbers and other infor- mation from millions of customers last year. — Chesapeake Ener- gy fell $1.33, or 4.9 per- cent, to $25.61 after the oil and natural gas com- pany reported a fourth- quarter loss, hurt by one-time charges. The company's adjusted earnings came in lower than Wall Street expect- ed. — First Solar fell $5.29, or 9.1 percent, to $52.74 after the solar panel manufacturer reported earnings that fell short of financial analysts' expectations. Wall Street Senators look for e-cigarette marketing limits RICHMOND, Va. (AP) — Sev- eral U.S. senators on Wednesday introduced a bill that would curb electronic cigarette marketing while the fast-growing industry awaits regulation by the Food and Drug Administration. The bill is co-sponsored by Cali- fornia Sen. Barbara Boxer, Iowa Sen. Tom Harkin, both Democrats, and others. It would ban marketing to children based on standards set by the Federal Trade Commission and allow the agency to work with state attorneys general to enforce the ban on advertising. The battery- powered devices heat a liquid nico- tine solution and create vapor that's inhaled. Companies vying for a stake in the electronic cigarette business are reviving the decades-old marketing tactics the tobacco industry used to hook generations of Americans on regular smokes. Those tactics, such as running TV commercials and sponsoring race cars and other events, are raising worries that e- cigarette makers could tempt young people to take up something that could prove addictive. While the FDA plans to set mar- keting and product regulations for electronic cigarettes in the near future, for now, almost anything goes. And Harkin said e-cigarette mak- ers are attempting to create ''a new generation of nicotine addicts.'' ''When it comes to the marketing of e-cigarettes to children and teens, it's 'Joe Camel' all over again,'' Harkin said in a statement. A 2009 law gave the FDA the power to regulate a number of aspects of tobacco marketing and manufacturing, though it cannot ban nicotine or cigarettes outright.