Red Bluff Daily News

July 23, 2011

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8B Daily News – Saturday, July 23, 2011 Furniture DEPOT RECEIVE ADDITIONAL SAVINGS 235 S Main St., Red Bluff 530 527-1657 www.thefurnituredepot.net HOURS: MONDAY-FRIDAY 9:00-6:00 SATURDAY 9:00-5:00 • SUNDAY 11:00-5:00 $50 - $100 - $200 on selected Recliners • Mattress sets Bedroom Sets • Dining Sets • Sofa & Loveseat sets (AP) — A big earnings miss from Caterpillar Friday wasn’t enough to derail a rally that pushed the stock mar- ket up 2 percent for the week. Watch for coupon ad in this paper Tech earnings help stocks end week with solid gain Wall Street Caterpillar Inc. fell nearly 6 percent after the heavy equipment maker earned less than analysts were expecting last quarter, partly because of the earthquake and tsunami disaster in Japan. The company is seen as a bellwether for the global economy because it sells construction and min- ing machinery all over the world. The disappointing results from Caterpillar and a con- tinuing deadlock over raising the U.S. borrowing limit capped the stock market’s gains. Overseas markets rose after European leaders reached a deal late Thursday aimed at containing the region’s debt crisis. The Dow Jones industrial average fell 43.25 points, or 0.3 percent, to 12,681.16. Even with the decline, the Dow gained 1.6 percent for the week. It has finished three out of the last four weeks higher than where it started. The broader Standard & Poor’s 500 index gained 1.22, or 0.1 percent, to 1,345.02. It finished the week with a gain of 2.2 percent. Energy, technology and consumer discretionary com- panies were the only three of the 10 industries tracked by the S&P 500 that rose. That was still enough to push the broad market index higher. Consumer discretionary companies include retailers like Amazon Inc. and restaurant chains like McDonalds Corp. McDonald’s rose 2 percent, the most of any stock in the Dow average, after its income and revenue came in higher than analysts were expecting due to strong sales in Europe. Technology stocks rose broadly after Advanced Micro Devices Inc. reported strong second-quarter earnings and said its new computer graphics chip was selling well. The Nasdaq composite index rose 24.40 points, or 0.9 percent, to 2,858.83. AMD jumped 19 percent. Flash memory card maker SanDisk Corp. rose 10 percent after its earnings rose sharply. Microsoft Corp. gained 1.6 percent after beating analyst’s income estimates. Oil services company Schlumberger Ltd. rose 3 per- Tehama Country Real Estate Rio Vista Estates #124 Casa Grande Dr. KITCHEN, BATH & CARPET OPEN HOUSE SAT., JULY 23RD • 11:30 am - 1:30 pm $41,500 • Financing available WESTERN REAL ESTATE Commercial Properties For Sale: MINCH PROPERTY MANAGEMENT 760 Main St. • 530-527-5514 • 455 S. Main S t. SALE PENDING • 840 Main St. • 1870 Montgomery • Flores Ave/I-5 ( • 13545 Saint Marys Ave. • 409 Walnut Stree • 22680 Antelope Blvd. • 562 Antelope Blvd. • 1156 Monroe St. • 460 Antelope Blvd. • 731-741 Main St. • 349 Pine St. • 225 Walnut St. • 955 Main St. • 726 Pine Street Major Price Reduction! Major Price Reduction! 2.67 Acres 11,400 sq/ft 2 Acres 24, 53 or 62 Acres 40,000 sq/ft 4274 sq/ft Commercial Properties For Lease: 5,600 sq/ft 2,200 sq/ft 6,580 sq/ft 1 to 3,000 sq/ft various size suites 819 sq/ft 2,000 sq/ft 2,995 sq/ft 1,250 sq/ft FOR LEASE 14 acres, Shared Bass Pond, 3 bedroom, 2 bath home with garage. NO Smoking, some pets OK. $1250/mo. Reeds Creek area. (530) 529-4111 DRE # 01174300 www.ucarea.net 416 Pine Street, Red Bluff 2 BEDROOM, 1 BATH ALL NEW MODERN SAT., JULY 23RD Or by appointment • 11:30 am - 1:30 pm Rio Vista Mobile Estates #92 ON THE RIVER, 2/2 Doublewide 1300 sqft $39,500. Financing available. Call 527-7297 FOR LEASE cent after its profits increased on a pickup in drilling in North America. Traders kept close watch on negotiations in Washing- ton over a deal to raise the nation’s debt ceiling ahead of an Aug. 2 deadline. The impasse has overshadowed an agreement in Europe Thursday to give Greece a second financial lifeline and broaden the powers of a regional bailout fund. Concerns are spreading that the U.S. debt ceiling won’t be raised before the deadline, said Brian Gendreau, mar- ket strategist for Cetera Financial Group. ‘‘But the back- ground is a growing economy and fairly strong earnings news.’’ Strong earnings from Apple Inc., Coca-Cola Co. and IBM Corp. helped send stocks higher this week. The Dow gained 202 points on Tuesday, its biggest one-day jump of the year, after President Obama backed a proposal by six senators that would cut the country’s debt by $3.7 trillion over the next decade and raise the nation’s debt ceiling. Rising and falling shares were about even on the New York Stock Exchange. Volume was lighter than average at 3.3 billion shares. State investigates 6 possible THIS WEEK OPEN HOUSE heat-related deaths FRESNO (AP) — California officials say they are investigating six possible heat-related deaths, including two cases of two farmworkers who collapsed while har- vesting crops. A spokeswoman for the state Division of Occupa- tional Safety and Health said Thursday her agency is reviewing whether a 47-year-old worker in Blythe died because he was operating a tractor to harvest can- taloupes in 102-degree heat on July 7. Spokeswoman Erika Monterroza says it’s also investigating the April death of a 56-year-old farmworker who was breaking corn in 84-degree heat in Imperial County. Other cases under investigation involve a drilling crew floorman, a police officer, a temporary laborer and a grading foreman. All died in June. In all six cases, coroners have not confirmed the cause of death. Oh Snap! The Daily News wants your photos: Cute kids, adorable pets, Inspirational sights, any shot you think readers would enjoy You might just see it in the Daily News Send pictures to editor@redbluffdailynews.com or drop off at 545 Diamond Ave. in Red Bluff. Include a caption. No. 1 China Buffet CHINESE RESTAURANT Open 7 Days A Week Now Under New Ownership Lunch: $5.75 - Mon-Sat 11am-3pm Dinner: $8.25 - Mon-Thurs 3:30-9:30pm Carry out rates Lunch: $3.99 lb. Dinner: $4.99 lb. Bring in This Coupon to Receive FREE DRINKS with meal purchase COUPON One coupon per order, good for up to 5 people. Expires Aug. 31, 2011 COUPON 343 S. Main St. Red Bluff 530-527-8889 (No Checks) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . t . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (O r la ese n Idu ) n (I A (O tia du g , Du a sr sr tia l / l) c se r l k P (O r la ese ) (R (R o ( e llu es oo -p D r i (O ffce re i ( Wa re h U pal s ptai tai s rs Fo ce & O m er T i dn ) rs ce ) o u se ) re S ) ffce h op i on e d) ) (R etai l space avai lbl a e in H oiay Marld k et ) ) (

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