Red Bluff Daily News

November 01, 2012

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8B Daily News – Thursday, November 1, 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 mixed on Wednesday in their first ses- sion since Hurricane Sandy forced a historic two-day shutdown of trading. The Dow Jones industri- US stocks mixed after historic 2-day close Wall Street bled company. open.'' al average slipped 10.75 points to 13,096.46. The Standard & Poor's 500 index rose, but barely — up 0.22 of a point to 1,412.16. Investors were nervous that a flood of orders after two days of pent-up demand from customers might lead to volatile trad- ing. But stock prices barely budged at the opening, and stayed within a tight range throughout the day. ''It's been very smooth,'' Duncan Niederauer, CEO of NYSE Euronext, told CNBC from the exchange floor shortly after the open- ing bell. ''The market-mak- ing community is more than staffed enough to be LOS ANGELES (AP) — Naysayers would have you believe Disney's pur- chase of Lucasfilm can only mean one thing: Bambi and Mickey Mouse are sure to appear York Stock Exchange closed for two consecutive days because of weather was during the Blizzard of 1888 — 124 years ago. Since power was out in large parts of downtown Manhattan on Wednesday, the trading floor had to be run on backup generators. Home Depot and The last time the New Among the losers were insurers Chubb, Allstate and Travelers. Investors worried that the companies are most likely to suffer losses due to insurance claims. The trio have a large share of the insurance mar- ket in areas where Hurri- cane Sandy hit. Lowe's rose as investors anticipated more business for the home improvement chains as people made repairs in the aftermath of the devastating storm. Home Depot gained $1.34 to $61.38 and Lowe's rose $1.02 to $32.38. Chubb fell 98 cents to $76.98, Travelers dropped 62 cents to $70.94 and All- state slipped 17 cents to $39.98. Half of the ten industry sectors in the S&P 500 fell. Health-care stocks were down 0.7 percent, the biggest drop. Utility stocks led the gainers with a rise of 0.8 percent. Netflix soared $9.66 to $79.24 after financier Carl Icahn said he had bought a 10 percent stake in the trou- who've watched Disney's recent acquisition strategy in future ''Star Wars'' movies taking up lightsabers against the dark side of the Force. Not so, say experts Stocks flitted between small gains and losses in the last hour of trading. The indexes started the day higher than the close on Fri- day, the last trading day. closely. If anything, The Walt Disney Co. has earned credibility with diehard fans by keeping its fingerprints off important film franchises like those produced by its Marvel C & C PROPERTIES Then they dropped, and stayed in the red for much of the day. Entertainment and Pixar divisions. ''They've been pretty clearly hands-off in terms of letting the creative minds of those companies do what they do best,'' says 1-800-287-2187 (530) 527-2187 741 Main Street, Suite #2 Red Bluff, CA 96080 An Independently owned and operated Member of Coldwell Banker Residential Affiliates. FORECLOSURES AND HOMES UNDER $200,000 2 BD 2 BA 1000 SQ.FT. 2 BD 2 BA 1344 SQ.FT. 3 BD 2 BA 1157 SQ.FT. 3 BD 2 BA 1440 SQ.FT. 2 BD 2 BA 1104 SQ.FT. 3 BD 2 BA 1560 SQ.FT. 3 BD 2 BA 945 SQ.FT. 3 BD 2 BA 1643 SQ.FT. 2 BD 2 BA 1456 SQ.FT. 3 BD 1 BA 1216 SQ.FT. 2 BD 1 BA 884 SQ.FT. 2 BD 1 BA 768 SQ.FT. 3 BD 2 BA 1721 SQ.FT. 3 BD 2 BA 1082 SQ.FT. 3 BD 2 BA 1248 SQ.FT. 3 BD 2 BA 1152 SQ.FT. 3 BD 1 BA 1036 SQ.FT. 3 BD 2 BA 1493 SQ.FT. 1 BD 1 BA 1080 SQ.FT. 3 BD 2 BA 1080 SQ.FT. 3 BD 2 BA 1424 SQ.FT. 5 BD 2 BA 2492 SQ.FT. 4 BD 2 BA 1572 SQ.FT. 3 BD 2 BA 1392 SQ.FT. 3 BD 2 BA 1716 SQ.FT. 3 BD 2 BA 1468 SQ.FT. 3 BD 2 BA 1224 SQ.FT. 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Todd Juenger, an analyst with Bernstein Research. ''Universally, people think they pulled it off.'' Though the Walt Dis- The opening followed days of scrambling by NYSE officials to make sure power, telecom con- nections and computers would be ready. Many workers on the floor use the subways to get downtown, but Hurricane Sandy left the system with its worst damage in its 108-year his- tory. New York's governor, Andrew Cuomo, says limit- ed subway service will resume in New York City on Thursday. for every one that fell on the New York Stock Exchange. Trading volume was 3.4 billion shares, in line with the recent average. About three stocks rose Treasury note fell to 1.69 percent from 1.72 percent at midday Monday. Bond trading was closed Tuesday and ended early Monday because of the storm. Disney unlikely to change 'Star Wars' brand after purchase of Lucasfilm ney Co. built its reputation on squeaky clean family entertainment, its brand today is multifaceted. Dis- ney, of course, started as an animation studio in 1923 with characters such as Oswald the Lucky Rab- bit, Steamboat Willie and Mickey Mouse. Over the years, the company ven- tured into live action movies, opened theme parks, launched a fleet of cruise ships and debuted shows on TV. By way of acquisitions The yield on the 10-year over the last few decades, it has ballooned into a company with $40.9 bil- lion in annual revenue and a market value of $88 bil- lion. Red Bluff Location Saturday, October 20th 9am to 1pm Saturday, November 10th 9am to 1pm 2450 Sister Mary Columba Drive Red Bluff, Ca 96080 527-0414 Lassenmedical.com www.lassenmedial.com

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