Red Bluff Daily News

April 13, 2010

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8B – Daily News – Tuesday, April 13, 2010 The Dow Jones industri- al average has closed above 11,000 for the first time in a year and a half on investors’ rising hopes about the econo- my. Dow ends above 11,000 for first time in 18 months Wall Street NEW YORK (AP) — The Dow edged up about 9 points Monday to almost 11,006. The Standard & Poor’s 500 index came within a point of hitting its own milestone of 1,200 dur- ing trading but closed just short of that mark. A loan agreement for Greece allowed U.S. Is cremation your choice? Hoyt-Cole Chapel of the Flowers owns and operates the only on-site crematory in Tehama County. • Your loved one NEVER leaves our care. • For your peace of mind, we personally perform cremations on site. • No hidden charges. If cremation is your choice, there really is no other choice for you than the cremation experts at Hoyt-Cole Chapel of the Flowers. Contact us today so we may answer your questions. Hoyt-Cole Chapel of the Flowers Funerals • Cremations • Prearrangements 816 Walnut Street | Red Bluff (530) 527-1174 www.chapeloftheflowers.net investors to focus on domestic economic and corporate news, includ- ing announcements of two big deals. European leaders agreed over the weekend to make loans available to Greece to help the country lower its public debt burden. The 16 countries that use the euro agreed to provide $40.5 billion in loans to Greece if needed. The International Monetary Fund could contribute another $13.5 billion. The details helped to ease worries that have been one of the few drags on stocks so far this year. There has been COME EARLY FOR BEST SELECTION Our trees are 2 & 3 years old. Larger for earlier production. Fruit Trees HAVE ARRIVED • BLUEBERRIES • BOYSENBERRIES • BLACKBERRIES • STRAWBERRIES • GRAPES HAPPY VALLEY NURSERY Trees, Shrubs, Perennials, Design & Installation 6876 Happy Valley Rd. Anderson, CA 365-6924 ~ Open daily 10am-4pm ~ Community Calendar concerns in recent months that mounting debt in Greece and other European nations like Spain and Portugal would stunt an economic recovery in Europe and undermine Europe’s shared currency, the euro. ‘‘This is clearly a positive development that the EU is identify- ing and dealing with what has really been it’s first real challenge,’’ said Alan Gayle, senior investment strategist for RidgeWorth Invest- ments. Meanwhile, the latest round of corporate deal- making signaled that business leaders are more confident about a recovery. Mirant Corp. agreed to acquire rival power company Reliant Energy Inc. for $1.61 billion, while the private equity firm Cerberus Capital Management is buying M-F NOW OPEN!! 8am-6pm Baking Fresh Bread Daily Milling Wheat into Flour Made with Organic & Local Ingredients 446 Antelope Blvd. #38 Left side of Antelope Holiday Mkt 529-1687 DynCorp International, a provider of support ser- vices to U.S. national security operations, for $1 billion. The reports on Greece and the corporate buy- outs raised expectations that the economy is recovering. Hopes of a rebound have been dri- ving the stock market higher for 13 months. The advance since Feb- ruary has been more incremental but the gains have still left major stock indexes at their best levels in about 18 months. According to prelimi- nary calculations, the Dow rose 8.62, or 0.1 percent, to 11,005.97. The S&P 500 index rose 2.11, or 0.2 percent, to 1,196.48. It traded has high as 1,199.20. It has- n’t topped 1,200 since September 2008. The Nasdaq compos- ite index rose 3.82, or 0.2 percent, to 2,457.87. 2 Best BBQ Around Cooked Fresh Daily B.B.Q. FAST FRIENDLY SERVICE Weekdays ‘till 6pm Saturday ‘till 3pm 22825 Antelope Blvd. 528-0799 Tuesday, April 13th CPR 7-10 PM, Columba Room, Coyne Center, Call 529.8031 Sunday, April 18th TOUGH ENOUGH TO WEAR PINK, 1 PM Red Bluff Round Up, TCD Fairgrounds, Call 527.1000 Thursdays, GRIEF SUPPORT, 3-5 PM Coyne Center, Call 528.4207 St. Elizabeth Community Hospital A member of CHW www.redbluff.mercy.org/sports redbluff.mercy.org EVENTS GUIDE COMMUNITY Online 24/7 @ www.epageflip.net/issue/8501 Corning Calif. Largest Selection In Tri-County • Herbal Medicines • Edibles (Foods) • Clones 1317 Solano St. (530) 824-4811 www.tehamaherbalcollective.vpweb.com Barber Shop $ Cheers 600 Senior Cuts Open 6 days 9-6 570-2304 259 S. Main St. Tractor Supply Center Rosser’s Bakery & Specialty Foods Bud’s

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