Red Bluff Daily News

May 24, 2012

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8B Daily News – Thursday, May 24, 2012 Furniture Depot 235 So. Main St., Red Bluff 527-1657 SAT. 9:00-5:00 • SUN. 11:00-5:00 MON.-FRI. 9:00-6:00 SALE Recliners from Your Business can be featured in the... $299 Sofa & Loveseat Sets Microfiber Microfiber Reclining Sofa & Loveseat Set June 9-10, 2012 9,000 total distribution! RED BLUFF magazine format Official Event Program DAILYNEWS Published exclusively in the Thursday, June 7, 2012 TEHAMACOUNTY Online on the front page of the Daily News' website as a digital page-turn edition from June 5-10 3,000 additional distribution at event site, restaurants, hotels and visitor information centers All events at Rolling Hills Casino This major event will be promoted regionally in print, broadcast, and online anticipating attendance by thousands of local folks, as well as thousands of visitors from far and wide, many of whom will spend the whole weekend in Tehama County! Join the sponsors of the hot air balloons in advertising in this exclusive promotional section and event program. Space and Art Reservations Deadline Tuesday, May 29, 2012 Advertising Rates: Ad Sizes 1/8 Page B/W 1/4 Page 1/2 Page Full Page $95.00 $180.00 $340.00 $660.00 Internet rates included in these prices. Full Color add 20% to B/W space charge . Back Page and Inside Front Page Special Full Page Rates Apply (full color included) Inside Front Back Cover $825.00 $850.00 included in these prices Internet rates Call (530) 527-2151 or email advertise@redbluffdailynews.com Contact your Daily News Advertising representative today! Tabloid, newspaper big final-hour comeback pulled the Dow Jones indus- trial average nearly back to where it started Wednesday. The Dow was down as much as 191 points earlier as the threat of a financial crisis spreading from Europe shook markets. The euro dropped to a nearly two-year low against the dollar, and oil prices sank to their lowest this year. A late surge of buying erased nearly all of the Dow's deficit, leaving it down just 6.66 points at 12,496.15 by the end of the day. Other indexes ended slightly higher. NEW YORK (AP) — A $699 Set $999 Set reg. $ 2499 Late rally erases steep losses Wall Street ''severe recession.'' Analysts and investors have turned increasingly skeptical this month that European leaders will pre- vent Greece from dropping the euro or agree on ways to jump-start the region's economy. The Dow has lost 5 percent this month, nearly wiping away its gains for the year. It has risen only three days in May. ing, news crossed that the leaders of France and Italy favored using region-wide bonds to support Europe's economy. That gave traders hope that a summit of Euro- pean leaders might produce concrete steps to tackle the economic morass there. The Organization for Economic Cooperation and Develop- ment warned Tuesday that the 17 countries that use the euro risk falling into a In the last hour of trad- C & C PROPERTIES buttress Europe's financial system have been floated in recent weeks, said Paul Zemsky, global head of asset allocation at ING Investment Management. Eurobonds could be sold by countries in the currency union to raise money for bailouts and banks. Some have proposed insuring bank deposits across coun- tries that use the euro, a pro- gram modeled on the U.S. Federal Deposit Insurance Corp. ''There are all these great Plenty of good ideas to ideas,'' Zemsky said. ''But there's nothing yet. There's 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. 2 bd 2 ba 1000 sq.ft. $9,999 2 bd 2 ba FORECLOSURES AND HOMES UNDER $200,000 Prop Code 4249 $24,000 Prop Code 4019 2 bd 2 ba 1248 sq.ft. $29,900 Prop Code 4359 2 bd 2 ba 1344 sq.ft. $29,900 Prop Code 4209 2 bd 2 ba 1344 sq.ft. $29,995 Prop Code 24469 3 bd 2 ba 1056 sq.ft. $32,000 Prop Code 4089 2 bd 1 ba 1106 sq.ft. $40,000 Prop Code 4389 4 bd 2 ba 1782 sq.ft. $69,900 Prop Code 4059 1 bd 1 ba 912 sq.ft. $72,000 Prop Code 4129 3 bd 2 ba 1496 sq.ft. $82,900 Prop Code 4399 3 bd 2 ba 1344 sq.ft. $85,500 Prop Code 4119 3 bd 2 ba 1512 sq.ft. $107,000 Prop Code 4289 3 bd 2 ba 1643 sq.ft. $114,300 Prop Code 4199 2 bd 2 ba 1248 sq.ft. $115,000 Prop Code 4949 3 bd 1 ba 2200 sq.ft. $120,000 Prop Code 4049 2 bd 2 ba 1312 sq.ft. $140,000 Prop Code 4069 3 bd 2 ba 1152 sq.ft. $165,000 Prop Code 4109 3 bd 2 ba 1596 sq.ft. $179,500 Prop Code 4899 3 bd 2 ba 1224 sq.ft. $199,000 Prop Code 4229 TEHAMA COUNTY REAL ESTATE TEAM • OPEN 7 DAYS A WEEK www.redbluffcoldwellbanker.com See All Tehama County Listings at a lot of talk and no follow through.'' Benchmark stock index- es dropped more than 2 per- cent in Germany and France and 3 percent in Spain and Italy. fall against the dollar, reach- ing $1.25, the lowest since July 2010. Concerns about the stability of the European currency union if Greece leaves have knocked 5 per- cent off the euro this month. Yields on German govern- ment bunds fell as money shifted into low-risk invest- ments. The euro continued to spread havoc throughout the global financial system. Bond traders could dump the bonds of Spain and Italy, sending their borrowing costs even higher. Banks in those countries could also be crippled if people start to yank money out of them, as has begun to happen in Greece. ''There's just a tremen- dous amount of 'what ifs','' Zemsky said. ''If Greece leaves, I know equities are going to be a lot lower than they are today. It's not even close to being priced in yet.'' Facebook rebounded 3 percent to $32 after getting pounded for two days fol- lowing an initial public offering that was plagued with technical problems and has drawn scrutiny from regulators. The stock is still far below its initial price of $38. If Greece exits, it could 500 index rose 2.23 points to 1,318.86. The Nasdaq rose 11.04 points to 2,850.12. The Standard & Poor's Benchmark crude lost $1.95 to $89.90 in New York trading. Oil has plunged 15 percent in May as investors predict that the European economy will continue to slow. The dollar rose and yields on U.S. government debt fell as traders shifted money into the protection of Treasurys. The yield on the 10-year note sank to 1.73 percent, close to a record low, from 1.77 percent late Tuesday.

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