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10B – Daily News – Saturday, March 20, 2010 Furniture Depot NO 235 So. Main St., Red Bluff 527-1657 MON.-FRI. 9:00-6:00 SAT. 9:00-5:00 • SUN. 11:00-5:00 NEW YORK (MCT) — U.S. stocks closed modestly lower on Friday, with the Dow average snapping its eight-day string of gains, as renewed worries over Greek finances and an upcoming vote on health care unnerved investors. The Dow Jones industrial percent. average fell 37.19 points, or 0.35 percent, to 10,741.9. Still, the measure climbed 1.1 per- cent this week, its third-straight weekly gain, and is up 3.01 percent since Jan. 1. On Friday, materials and energy were the weakest cate- gories in a broad-based selloff as oil prices retreated near $80 a barrel. Worries about key overseas economies also weighed on the market, which some said was due for a pause after a solid run lately. The Standard & Poor's 500- stock index declined 0.51 per- cent, led by declines in materi- als and energy. Baker Hughes Inc. shares slid 3.7 percent, while Consol Energy Inc. shares fell nearly 4 percent and Massey Energy Co. lost 3.4 Sale* "The commodities, like other risky assets, are taking a little bit of a breather," said Russ Koesterich, managing director of BlackRock's scien- tific active equity business. But he said it was encouraging that both stocks and raw materials weren't declining even more. "The market has had a big run-up, it's continuing to defy some of the pessimists, and this happened on a bunch of fac- tors," including benign infla- tion readings and a decision by the Federal Reserve to keep its rate target near zero, said Koes- terich. "This is helping to keep a floor under stocks." Other central banks around the world, however, have become more wary of inflation. On Friday, investors were spooked by the Reserve Bank of India's move to increase its key lending rate to 5 percent and its borrowing rate to 3.5 percent. Uncertainty over possible financial aid for Greece also lingered, hurting the euro. The S&P's health care sector edged up incrementally ahead of an expected weekend vote on health reform. Thru Wed. March 31, 2010 *”no sales tax” in reference to discount given equal to the amount of calculated sales tax. Stocks break win streak on jitters over Greece, oil Wall Street "We've been significantly overweight in health care for many months now with the expectation that when it passes — good, bad or ugly — that that certainty will allow the health care stocks to breathe a sigh of relief," said Harry Rady, chief executive and port- folio manager of Rady Asset Management. Trading volume was higher. The increase came on so-called quadruple witching day, when contracts for stock-index futures, stock-index options, stock options and single-stock futures expire. EBay CEO Donahoe was paid $10.1 million in 2009 SAN FRANCISCO (AP) — EBay Chief Exec- utive John Donahoe received compensation valued at $10.1 million in 2009, according to a regu- latory filing Friday. That’s 55 percent less than in 2008, when he got more stock and options. Donahoe, 49, has led the online auction site operator since Meg Whit- man retired in March 2008. Before that, he was eBay’s head of market- Lassen House ALZHEIMER’S/DEMENTIA SUPPORT GROUP EVERY 4TH TUESDAY OF THE MONTH AT 6:00 PM COME AND JOIN US WE WOULD LOVE TO HAVE YOU! Coffee and Refreshments served. *This month, March 23rd , Carol Pickard, Regional Operations Manager for California, will be joining us. She will be happy to answer any questions you might have. Carol is a raduate of CSU, Fresno and has been involved in elder services for over 20 years, 12 years working directly with dementia specific clients. 705 Luther Road, Red Bluff (530) 529-2900 • Lic.# 525000833 places. His total compen- sation in 2008 was $22.5 million. According to a proxy statement eBay filed with the Securities and Exchange Commission, Donahoe’s 2009 pay pack- age included a salary of $934,615, up from $879,808 in 2008; a bonus of $522,917, up from $500,000; and a perfor- mance incentive of $1.6 million, up from zero. The & Gardening 10-25% OFF MSRP HYDROPONICS Indoor Lighting ADVANCED 1417 SOLANO ST., CORNING 824-1100 NOW OPEN SUNDAYS 2008 figures include a three-month period when Donahoe wasn’t yet CEO. He received stock and option awards in 2009 val- ued at $6.9 million when they were granted. In 2008, Donahoe’s stock and option awards totaled $20.8 million. Like many retailers, eBay has been dealing with the slowdown in dis- cretionary consumer spending resulting from DW PLUMBING INC. Local Plumbers Serving all Your Plumbing Needs Since 1993 530 527-6403 Major Credit Cards Accepted Lic. 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It ended 2009 on a bright note, though, luring shop- pers during the fourth quarter by focusing on deals from sellers who offered free shipping and returns on new items. The company also highlighted ways to save money by promoting products that were new but not the latest model. Donahoe received other compensation the company ●●●●●●●●●●●●●●●●●●● 2 Best BBQ Around Cooked Fresh Daily B.B.Q. FAST FRIENDLY SERVICE Weekdays ‘till 6pm Saturday ‘till 3pm 22825 Antelope Blvd. 528-0799 valued at $172,394, which included $160,466 worth of personal air travel. In 2009, eBay earned $2.4 billion, or $1.83 per share, on $8.7 billion in revenue. Over the course of the year, its stock climbed 69 percent, ending at $23.53. The proxy statement filed with the SEC was required ahead of eBay’s annual shareholder meet- ing on April 29. Bud’s