Red Bluff Daily News

April 28, 2016

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ByMarleyJay TheAssociatedPress NEWYORK U.S.stocksrose Wednesday after the Fed- eral Reserve left its key in- terest rate unchanged, as investors expected. Energy companies climbed again as the price of oil came close to a six-month high. Tech- nology stocks were battered following weak results from Apple and Twitter. Stocks opened mostly lower in muted early trad- ing, but they moved higher after the Fed released its decision on interest rates. Bond yields fell and inves- tors bought high-dividend phone and utility compa- nies instead. Thanks to the losses for tech stocks, the Nasdaq composite index fell for the fifth day in a row. Investors didn't ex- pect the Fed to raise inter- est rates this month, and they're starting to think that interest rates won't go up in June, the Fed's next meeting, either. But David Kelly, chief global strategist JPMorgan Chase, said that might be a problem because the Fed didn't make its in- tentions clear on Wednes- day. "There's nothing in this to tell us when the next rate hike is going to be," Kelly said. He thinks the market will react badly if the Fed raises interest rates with- out advising investors that it's coming. "What they can't do is just coast into the June meeting having not given anybody any indication at all," Kelly said. The Dow Jones industrial average picked up 51.23 points, or 0.3 percent, to 18,041.55. The Standard & Poor's 500 index rose 3.45 points, or 0.2 percent, to 2,095.15. The Nasdaq com- posite index dropped 25.14 points, or 0.5 percent, to 4,863.14. The Federal Reserve notedthat economic growth in the U.S. has slowed down over the last month, but the job market is getting stron- ger. While the Fed also said the global economy slowed, its statement suggests it is becoming less concerned about the effects of the slowing global economy on the U.S. Bond prices were ris- ing before the Fed's an- nouncement and moved even higher after its state- ment was released. Higher prices mean lower yields, and the yield on the 10- year U.S. Treasury note fell to 1.86 percent from 1.93 percent. Lower bond yields made telecommunications and utility stocks more ap- pealing to investors seeking income. Verizon Communi- cations gained $1.25, or 2.5 percent, to $51.69. NRG En- ergy added 43 cents, or 3 percent, to $14.98. The price of crude oil started with big gains, turned lower, and then bounced back. It wound up at its highest price since early December. Bench- mark U.S. crude oil rose $1.29, or 2.9 percent, to close at $45.33 a barrel in New York. Brent crude, the international standard, added $1.44, or 3.1 percent, to $47.18 a barrel in Lon- don. Among energy stocks, Anadarko Petroleum added $2.42, or 4.6 percent, to $54.78 and Diamond Off- shore Drilling gained 98 cents, or 4.1 percent, to $24.63. Tech stocks fell after Ap- ple, the most valuable pub- lic company in the world, said iPhone sales declined in the first quarter. That hadn't happened since iPhones went on sale in 2007. Apple also reported its first decline in quar- terly revenue since 2003 and forecast similar results in the current quarter. Its stock skidded $6.53, or 6.3 percent, to $97.82. Microblogging site Twit- ter dropped $2.89, or 16.3 percent, to $14.86 after its first-quarter revenue fell short of expectations and its outlook disappointed in- vestors. Its stock has fallen 71 percent in the last year. Earnings reports were responsible for much of the day's action. Aerospace gi- ant Boeing was the biggest gainer on the Dow aver- age. The company reported mixed first-quarter results, with weaker-than-expected earnings but strong sales. The stock rose $3.84, or 2.9 percent, to $137.08. Medical device maker Boston Scientific climbed to its highest price in 10 years after it after it swung to a profit in the first quar- ter, with earnings and sales that were better than ex- pected. It also raised its projections for the year. The stock gained $2.20, or 11.2 percent, to $21.89. Buffalo Wild Wings tum- bled $15.62, or 10.8 percent, to $129 after the chain's sales fell short of analyst projections. Chipotle Mexi- can Grill fell $28.70, or 6.4 percent, to $417.22. Chipo- tle posted its first loss as a public company as sales plunged following an E. coli outbreak and Norovi- rus scare. Tax preparer H&R Block slumped $3.23, or 13.6 per- cent, to $20.59 after the company said it handled fewer returns this year than it did in 2015 and an- nounced a series of execu- tive changes. DreamWorks Anima- tion rocketed $5.08, or 18.7 percent, to $32.20 on re- ports the company behind the "Shrek" and "Kung Fu Panda" franchises might be acquired by Comcast. Comcast stock rose 2 cents to $61.30. WALL STREET US s to ck s ri se , sh ak in g off tech slump, a er Fed stands pat The following defendants were sentenced in Tehama County Superior Court, according to the Tehama County District Attorney's Office: RecentState/Local Prison Commitments: People vs. Ty Milo Marti- novich, Assault With Semi- automatic Firearm, Use of Firearm Brief history: The defen- dant's girlfriend and the victim had a dispute with each other. The defendant and his girlfriend were driving down the road in their car when they saw the victim walking on the sidewalk. They slowly drove past the victim as the defen- dant pulled out a pistol and fired 3 shots at the victim. The defendant was identi- fied as the shooter by the victim and several eyewit- nesses. Sentenced to 12 years state prison. People vs. Ruben Soliz, Failure to Register Upon Release from Incarceration Brief history: The defen- dant in custody for a pa- role violation and failed to re-register upon his release from custody. The defen- dant had a previous convic- tion for the same conduct in 2005. Sentenced to 4 years state prison. People vs. Jason Sidney Campbell, Corporal Injury to Spouse or Cohabitant Brief history: The defen- dant and the victim were boyfriend and girlfriend and living together in a trailer. The two of them had an argument, and the victim decided she was go- ing to move out. While at the door of the trailer, the defendant shoved the vic- tim through the door caus- ing her to hit her head on the door frame. The victim suffered a laceration to her head, and was taken to the hospital by her father. Sentenced to 5 years for- mal probation, 180 days jail, 80 hours community service, domestic violence terms including a one year batterers treatment pro- gram, and 4 years state prison suspended. People vs. Kevin Greg- ory Bill, Failure to File a Change of Address Brief history: The defen- dant is required to register with the Tehama County Sheriff's Department as a sex offender. The defen- dant registered in January 2015 as living at an address in Corning. When a compli- ance check was conducted in December 2015, the of- ficers learned that the de- fendant had moved from the residence months prior. Sentenced to 2 years 8 months state prison. Recent County Jail Commitments: People vs. Samuel Zach- ary Nagel, Corporal Injury to Spouse or Cohabitant Brief history: The defen- dant and the victim were having an argument when the defendant announced he was going to leave their residence with their 5 month old daughter. The victim tried to keep the defendant from leaving with their child by block- ing the door. The defen- dant grabbed the victim by the arm, while holding their child, and punched the victim in the face 3-4 times. The victim fell to the ground where the de- fendant kicked her in the head 2-4 times. Sentenced to 5 years for- mal probation, 180 days jail, 80 hours community ser- vice & domestic violence terms including a 52 week batterers treatment pro- gram. People vs. Amanda Hol- man, Possession of Con- trolled Substance for Sale Brief history: The de- fendant was contacted by sheriff deputies after some suspicious driving. The de- fendant admitted to hav- ing a quarter ounce of methamphetamine with scales and sales packag- ing. The defendant admit- ted to selling the metham- phetamine, and had text messages on her phone showing the sale of meth- amphetamine. Sentenced to 3 years for- mal probation, 90 days county jail & 80 hours com- munity service. People vs. Leutvilay Khamsaly, Cultivation of Marijuana Brief history: The defen- dant was stopped for com- mitting a traffic violation while driving home from Redding. There was an odor of marijuana coming from the car, and the defendant consented to a dog sniff of the car. The dog alerted to the trunk area of the car where 9.4 pounds of pro- cessed marijuana were found. Sentenced to 3 years de- ferred entry of judgment with search terms. People vs. Lance Wayne Son, Transportation of Con- trolled Substance for Sale Brief history: The defen- dant was identified while driving as someone who had an active arrest war- rant. After a traffic stop, the defendant spontane- ously stated that he had a half ounce of methamphet- amine in his pocket. Sentenced to 5 years for- mal probation & 360 days county jail & 8 years local prison suspended. Upcoming Court Dates -Trials, Preliminary Hearings (PX) & Pre Trial Conferences (PTC): People vs. Quentin Ray Bealer, Murder. Brief history: The De- fendant was arrested and charged with the Murder of a 14 year old victim who had been reported missing when she never returned home from School. Officers located the victim's body two days later. TBJ: Underway in Sacra- mento Superior Court People vs. Travis John Kilburger Brief history: Defendant plead guilty to PC 273.5 Do- mestic Violence with a Spe- cial Allegation pursuant to Great Bodily Injury During Domestic Violence and Ter- rorist Threats with a Spe- cial Allegation pursuant to Use of a Firearm and a vi- olation of False Imprison- ment. SENTENCING: Contin- ued to May 24, at 1:30 pm in Department 2 People vs. Poly Duenas Sanchez, Lucio Nenecia Madera, Gabino Madera, Murder with Special Alle- gation-Personal and Inten- tional Discharge of a Fire- arm, GBI, Conspiracy to Commit a Crime with Spe- cial Allegation-Personal and Intentional Discharge of a Firearm, GBI. Brief history: The Vic- tim had met up with the three Defendants regarding money that was allegedly owed to the victim. During this confrontation the vic- tim was chased down and shot twice with a shotgun. The victim died as a result of his injuries. TBJ: June 8, at 1:30 pm (Department to be deter- mined) People vs. Alan Duane Doulphus Jr., Chase Alan Doulphus: Murder, special allegation felony murder, personal and intentional, use of a firearm, assault with a firearm, false impris- onment by violence, trans- portation of marijuana. Brief history: The defend- ants went to a residence that contained a marijuana grow. The defendants con- fronted the victim and two other men who were at the residence and ordered them to the ground at gunpoint. The defendants proceeded to tie up the victim and the two men with zip ties and duct tape. The victim was able to free himself and at- tempt to flee the residence but was shot several times by the armed defendants. The victim eventually suc- cumbed to his injuries. De- fendant's vehicle was lo- cated a short time later and a vehicle pursuit followed. Defendant's were eventu- ally apprehended and taken into custody. Inside the ve- hicle officers located a large amount of marijuana. Sentencing: (both defen- dants) May 9, at 8 am in De- partment 3 People vs. John Noonkester, Willful, De- liberate and Premeditated Murder with Special Alle- gation, Personal and Inten- tional Discharge of a Fire- arm, GBI (2 counts); At- tempt: Willful, Deliberate and Premeditated Mur- der with Special Allega- tion, Personal and Inten- tional Discharge of a Fire- arm, GBI. Brief history: The Defen- dant is charged with shoot- ing and killing his ex-wife and her father, and shoot- ing a bystander. PTC: May 16, at 1:15 pm in Department 3 People vs. Roberta Draper (12 counts) Cruelty to an animal Brief history: The Defen- dant is currently on proba- tion in a prior multi-count cruelty to animal case. One of the terms of her proba- tion was that she is not to possess animals. A proba- tion search was conducted at her residence and law enforcement located dogs, geese, guinea hens and tur- keys. One of the dogs was deceased, while some of the other animals appeared to be malnourished, dehy- drated, and in poor health. The Defendant admitted that all the animals found belonged to her. PTC/MIL: May 6, at 10 am in Department 3 TBJ: June 2, at 9 am De- partment to be Determined People vs. Thomas Sea- graves, Michael Flowerdew, Bryan Morrison and Alex- ander Isaacson, Meeting with Minor for Lewd Pur- poses, Contacting Minor for Lewd Purposes, Sod- omy With Person Under 18 Years Old, Oral Copulation of Person Under 18 Years Old, Digital Penetration of Person Under 18 Years Old, Child Procurement Brief history: All four de- fendants were engaged in a sexual relationship with a 14-year-old victim know- ing that he was a minor at the time. One of the defen- dants would drive the vic- tim to Gridley so that he could have sex with another defendant on weekends. PX/PTC — Isaacson and Seagraves: May 9, at 10 am in Department 1 and May 10, at 1:30 pm in Depart- ment 2 PX/PTC — Flowerdew: June 6, at 10 am in Depart- ment 1 and June 7, at 1:30 pm in Department 2 Arraignment — Morri- son: May 24, at 8 am in De- partment 3 Court roundup it'snot 'sfault byTheShelterPetProject.org RICHARDDREW—THEASSOCIATEDPRESS Trader Frank O'Connell works on the floor of the New York Stock Exchange, Wednesday. Stocks indexes are mostly lower in early trading as weakness in the technology sector pulls the broader market lower. | NEWS | REDBLUFFDAILYNEWS.COM THURSDAY, APRIL 28, 2016 8 A

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