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8B Daily News – Saturday, October 22, 2011 MON.-FRI. 9:00-5:30 • SAT. 9:00 -5:00 • CLOSED SUNDAYS FURNITURE DEPOT MATTRESS NORTH VALLEY MON.-THURS. 9:00-6:00 • FRI. 9:00-7:00 • SAT. 9:00-5:00 • SUN. 11:00-5:00 235 So. Main St., Red Bluff 527-1657 632 Main St., Red Bluff 527-5837 Mattress Sets & Adjustable Bed (AP) —A broad rally swept through the stock market Friday after McDon- ald's and several other large companies reported solid earnings. The Standard & Poor's 500 index closed higher for the third straight week, its best run since Feb- ruary, as hope builds that a weekend meeting will bring European leaders closer to easing the region's debt troubles. The Dow Jones industri- al average jumped 267.01 points, or 2.3 percent, to Local Businesses: You can sponsor a whole classroom of kids to design an ad for YOUR business! YOU choose the winning entry. Your kid-designed ad will be featured in Through a Child's Eyes • Published as a full section of The Daily News in November • Digital edition stays online for a full year Tuesday, November 1 D NEWSAILY Sponsor Deadline: RED BLUFF TEHAMACOUNTY For details and sponsorship Reservations call your Daily News advertising Representative today! 527-2151 11,808.79. The Dow is now up 2 percent from where it started 2011. Before Fri- day's surge, it was down for the year. The Dow has risen for four weeks straight, the first time that has happened since January. The combination of stronger earnings, better economic news and a sense that European officials were taking the debt crisis more seriously have helped lift stocks, said Phil Orlando, chief equity market strate- gist at Federated Investors. ''It seems like there's a greater sense of urgency to deal with Greece and the sovereign debt trouble in Europe,'' Orlando said. McDonald's Corp., Chipotle Mexican Grill Inc. and Harman International Industries Inc. were among the companies that beat ana- lysts' expectations. The quarterly earnings season is off to a strong start. Of the 118 companies that reported earnings so far, 75 percent have beaten estimates, according to financial data provider FactSet. The encouraging corpo- rate news was in line with recent signs that the U.S. economy strengthened in September after a very weak summer. On Friday the gov- ernment said unemploy- ment fell last month in half of U.S. states and was unchanged in 11. That's much better than in August, when unemployment rose in 26 states. Markets have been mov- ing sharply in recent weeks, mainly in reaction to the lat- est headlines out of Europe on the debt crisis. The Dow had a bigger jump on Oct. 10, 330 points, after the leaders of France and Ger- many pledged to have a comprehensive solution to Win WinWin Win You could $100* Just for sharing your local shopping and media preferences! Take the Pulse Research survey online only at: www.pulseresearch.com/redbluffdailynews Do it today – Survey will end when enough surveys are completed. *$100 gift certificates will be awarded to four individuals selected at random from among those completing the survey. Those selected may choose any store or business in Tehama County at which to redeem their gift certificate. Individual survey responses will not be shared with any third party. D NEWSAILY RED BLUFF TEHAMACOUNTY Financing & Delivery Available • FREE pillows • FREE delivery • FREE disposal With purchase of Tempurpedic mattress sets only. Stocks rise sharply on solid corporate earnings Wall Street the debt crisis in place by the end of the month. The Dow has now gained 10.8 percent since Oct. 3, when it sank to its lowest point of the year. The S&P 500 gained 22.86 points, or 1.9 percent, to 1,238.25. Rising stocks in the S&P outpaced falling ones by a margin of 20 to 1: only 23 companies traded lower. The Nasdaq composite index gained 38.84, or 1.5 percent, to 2,637. European markets closed sharply higher as investors hoped that European leaders will agree on a package of measures to address the region's debt crisis in time for a summit scheduled for Wednesday. Germany's DAX index rose 3.5 percent. France's CAC 40 and Italy's FTSE MIB rose 2.8 percent. Traders sold ultra-safe U.S. Treasury debt as riskier assets rose. The yield on the 10-year Treasury note rose to 2.22 percent from 2.18 percent late Thursday. Bond yields rise as demand for them falls and their prices decline. Stocks were lifted earlier this week by better news about the U.S. economy. A measure of manufacturing in the Philadelphia region grew in October after con- tracting for two straight months. The number of peo- ple claiming unemployment benefits declined last week, and inflation remains low. Among the companies reporting earnings late Thursday or early Friday: — McDonald's Corp. rose 3.7 percent after report- ing a 9 percent increase in income. The results beat analysts' expectations and marked McDonalds' ninth straight quarter of gains. — Harman International Industries Inc. jumped 20.6 percent, the most in the Standard & Poor's 500, after the audio equipment maker's income trumped expectations. — Chipotle Mexican Grill Inc. leaped 8.3 percent after reporting a 25-percent jump in third-quarter income. The fast-casual chain raised prices, sold more burritos and opened new stores. Farm owner who freed animals, traded guns for tiger ZANESVILLE, Ohio (AP) — An owner of dozens of wild animals who freed them before committing suicide this week was an avid gun collector who had traded weapons for a monkey, a leopard and a tiger cub, federal documents show. Terry Thompson built his collection of exotic animals by swapping guns, sheltering animals no longer wanted by their owners and buying others at auctions, according to pub- lic records released Friday and interviews with those who knew him. ''Once you have an exotic animal, you're somewhat tagged as someone who will take unwanted or abandoned animals. And that's how it grew,'' Thompson said, according to a deposition that was part of the government's attempt to seize 133 weapons from him. No one knows for sure why Thompson freed 56 animals including lions, tigers and bears on Tuesday and then com- mitted suicide, triggering a big-game hunt in the Ohio coun- tryside as police officers shot and killed 48 of them for fear they would harm humans. A 49th animal was killed by one of the big cats. The remaining animals were captured and taken to the Columbus Zoo. The frightening situation put a spotlight on the lack of oversight on exotic pets in some states. Ohio has some of the nation's weakest restrictions. Historic Downtown Red Bluff Art Walk Friday, November 4th 5pm – 9pm • Visit all Downtown venues • Enjoy Red Bluff hospitality at its finest Downtown Red Bluff Business Assoc. & Tehama County Art Council Sponsored by Join us for an evening of Art, Wine tasting & Music Event is free to the public Meet local artisans Local Businesses! DISCOUNTS bundled business-building promotional packages on print, online On Sale OCT 17-28 ONLY! 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