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12A Daily News – Saturday, October 27, 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 NEW YORK (AP)— Stocks closed mostly lower Friday after investors found little to like in weak corporate earnings reports and news of only tepid growth in the U.S. econ- omy in the third quarter. The Dow Jones indus- trial average managed a gain of 3.53 points to close at 13,107.21 after spending much of the day in the red. Poor's 500 index fell 1.03 points to 1,411.94 and the Nasdaq compos- ite rose 1.83 points to 2,987.95. The Standard & Stocks rose in the morning before a mild midday sell-off, then recovered somewhat in the afternoon. The morning gains came after the Com- merce Department esti- mated that the U.S. econ- omy expanded at a 2 per- cent annual rate from July through September. That was better than the previous quarter, and better than analysts expected, but not strong enough to bring down the unemployment rate. Even economic data that is mixed or positive won't outweigh weak earnings, said Lawrence Creatura, a portfolio manager with Federated Investors. Reports like the one on Friday that measure gross domestic product tend to be back- wards-looking, while companies are offering forecasts about the months ahead, he said. ''Company earnings trump macro data. Because investors own Apple, they don't own GDP,'' Creatura said. Apple fell $5.54 to $604 after saying its profit will decline this holiday season. Even with Friday's rise, stocks lost ground this week, inflecting a sort of death-by-a-thou- sand-cuts on the rally that began in September. The Dow was down 236.30 points for the week, or 1.8 percent. The S&P has fallen 21.25 points, or 1.5 percent. Goodyear Tire & Rub- ber sank 10 percent after Furniture Depot would like to introduce the 10 Stop by and see how affordable owning a Tempur-pedic can be Weak earnings reports weigh on stocks Wall Street a steep dropoff in sales in Europe delivered a blow to its earnings. The stock fell $1.28 to $11.02. The advertising con- glomerate Interpublic also turned in results that fell short of analysts' forecasts, and its stock fell 2.5 percent, or 26 cents, to $10.29. Amazon rose $15.32, or 7 percent, to $238.24 despite a smaller-than- expected quarterly profit and a prediction for smaller-than-expected holiday revenue. Among other compa- nies making big moves, cable TV provider Com- cast jumped $1.20, or 3.3 percent, to $37.56 after reporting that its income more than doubled in the latest quarter. Revenue was higher than analysts were expecting, and more customers signed up for premium services like high-definition video recorders. Varian Medical Sys- tems jumped $8.83, or 15 percent, to $66.93, the biggest increase in the S&P 500 index. The company, which sells medical imaging equip- ment and radiation-emit- ting devices for treating tumors, reported a 20 percent rise in income because of higher sales of devices. On its first day of trading, dairy company WhiteWave Foods lost 25 cents to $16.75, down from its initial public offering price of $17, after rising as high as $19.17 earlier. year Treasury note fell to 1.75 percent from 1.82 percent on Thursday. The yield on the 10- US senators call on FDA to act on energy drinks Two U.S. senators on Fri- day again called on federal regulators to close what they say are loopholes that allow energy-drink makers to sell products with addi- tives and high levels of caf- feine that the lawmakers say have not been proven safe. NEW YORK (AP) — The letter to the Food and Drug Administration from Sens. Dick Durbin, D- Ill., and Richard Blumen- thal, D-Conn., comes after the agency said this week that it is investigating reports of five deaths in which the consumption of Monster drinks was cited. Those claims say that people suffered adverse reactions after consuming Monster Energy Drink, which comes in 24-ounce cans and contains 240 mil- ligrams of caffeine, seven times the caffeine in a 12- ounce can of traditional cola. allegations, which date back to 2004, don't necessarily prove the drinks are linked to the deaths. The FDA noted that the to 0.02 percent, but there is no such limit for energy drinks. In a letter Friday, Durbin and Blumenthal also cited a recent study in Consumer Reports that found several popular energy drinks con- tained significantly more caffeine than the listed amount, while others did not disclose the amount of caffeine they had. The FDA caps the amount of caffeine in soda asked the FDA to look into the interactions between caffeine and the additives that are often found in ener- gy drinks. The also called on the agency to assess the risks associated with caf- feine consumption by teens. They noted that this is the third time this year they have asked the agency to assess the safety of energy drinks. Durbin and Blumenthal Night Club Cardio Experience CLUB SWEAT INTRODUCING Friday Night Nov. 16th How would you like to feel the energy of a dance club during your workout? Club Sweat creates a night club environment while you get your cardio on! Get motivated while a Featured DJ Pumps an exclusive hit mix. Have fun with your friends while you do something REALLY GOOD for yourself! Have a blast as you train as hard as you dance in the club! Who said cardio has to be boring? Start the weekend off right with an hour or two of cardio! Train on our cardio equipment with laser lights beaming around you! 12149 HIGHWAY 99 W, RED BLUFF www.southmainstorage.com Free to Member - Guests $8.00 Tehama Family Fitness Center Come to the cardio party at CLUB SWEAT! 2498 South Main St, Red Bluff • 528-8656 www.tehamafamilyfitness.com Monster Beverage said the company was not com- menting on the matter. A representative for the FDA did not immediately respond to request for com- ment. A representative for ster Beverage issued a state- ment saying that its prod- ucts are and have always been safe. The statement came in response to a wrongful-death lawsuit filed in California by the parents of a 14-year-old girl who died after drinking two Monster Energy Drinks in 24 hours. The company said it does not believe its prod- ucts are in any way related to her death. Earlier this week, Mon- York state Attorney Gen- eral Eric Schneiderman also issued subpoenas to energy-drink makers as part of the state's investi- gation of the industry. 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