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The Daily Spectrum from Saint George, Utah • 17

Location:
Saint George, Utah
Issue Date:
Page:
17
Extracted Article Text (OCR)

The Spectrum Daily News Movies' ratio Nifi'il' Of walnl.li.fmi...!.. nf Section Viiioo rnini atottin Muvit llltttirn 3 TheSpectrum com WEDNESDAY March 12, 2008 Have a business story Idea? Call The Spectrum at (435) 674-6253 Utah Mom l.ssrfitls Looking J. for "It?" Find "if y.fc: here- --ir C6 ii ft WW ill If Vl ii We're excited for the viewing public and the advertisers because competition is healthy." Soft launch of Utah's RTN will be on March 17 By BOB HUDSON bhudsonthespectrum.com ST. GEORGE Southern Utah's robust growth continues to draw businesses doing Southern Utah news updates one to two minutes long at various times during the day. "I'm excited about that because those are the names and faces people already trust," Blickenstaff said.

"Our goal is to have our own reporter and photographer down the road." Shauna Lake, Mark Koelbel and other KUTV reporters spent considerable time in Southern Utah during the floods a few years ago. Blickenstaff said the station will have the capability to go live should the news See STATION on C2 into the community. It has led Four Points Media, which owns ICUTV in Salt Lake City, to launch Utah's RTN. which will broadcast on channel 12 over the air and on channel 20 on Baja Broadband (tentatively). A soft launch is scheduled during the day on March 17.

Todd Blickenstaff Station manager the station manager. "Their anchors will be "KUTV is our partner," noted Todd Blickenstaff, Fed $200B boosts market Penny wise not immune A couple weeks ago I had an experience that reminded me of the old saying penny wise and pound foolish. I i i ll If 'S I had a lady call me who had always done her own taxes. She was primarily concerned about how much I would charge her to do them. After evaluating her situation and telling her the approximate amount, she decided that it was reasonable and set the appointment.

When she came in the following week she told me she could Dustin Woodbury CPA, Financial Adviser i 1 A vrnm 1 iWIUHi, ..1 do her taxes herself and she only called me on the insistence of her attorney. She sold a home last year and had a few complicated issues that the attorney felt she should review with an accountant When she arrived in my office she essentially had the taxes completed and wanted me to simply WOODBURY on C2 Richard DrewAP Trader Michael Raynor checks the numbers as he works on the floor of the New York Stock Exchange on Tuesday. 1 416 point jump was biggest in more than 5 years Submitted photo ket for assets that investors have recently been too scared to buy. That freeze in demand had sent asset values plunging and caused huge losses for some of the worlds biggest banks. After a series of hefty losses in stocks, the market hopes the central banks' decision Tuesday might be more effective than previous moves like rate cuts, which had led to initial stock pops that later fizzled.

"It's not just a rate cut I think it's a very creative way to do financing," said Anthony Conroy, managing director and head trader for BNY ConvergEx Group. "It shows the Fed is willing to do things that are a little out-of-the-box to shore up credit issues. I really think they went to the heart of the issue." Investors certainly seemed to like it; The Dow rose 416.66, or 3.6 percent, to 12,156.81. It was the biggest point jump in the Dow since a 447-point rise on July 29, 2002, and its widest one-day percentage gain since March 2003. The Dow had lost more than 1 -j Area Realtors take spotlight For the Spectrum Daily News ST.

GEORGE Fourteen Realtors and staff from ERA Brokers Consolidated recently returned from ERA Franchise System's International business conference at the Gaylord Palms Resort in Orlando, where they received national recognition as a top 15 company in the ERA franchise system, and the No. 1 ERA office in the state in both size and production. This year they were also recognized as a member of "Jerry's Team," an honor bestowed on ERA offices who raised $10,000 or more for the Muscular Dystrophy Association, helping ERA franchise meet its goal of $2 million for 2007. In addition, ERA Brokers Consolidated was chosen from 400 other offices to represent the Western region in a "Last Office Standing" competition at the convention, competing against other offices chosen to represent their regions. The T-birds, named for principal broker, Thayne Houston, donned their black leather jackets and By JOE BEL BRUNO and MADLEN READ AP Business Writers NEW YORK The Fed promised a $200 billion booster shot for ailing markets and Wall Street answered with its biggest bounce in more than five years.

The Dow Jones industrials shot up more than 416 points, the biggest single-day point gain since July 2002, after the Federal Reserve announced the move as part of a worldwide effort to help struggling banks and mortgage providers. Hoping to ease the credit crisis, the Fed acting with the European Central Bank, the Bank of Canada and the Swiss National Bank agreed to loan investment banks money in exchange for debt, including slumping mortgage-backed securities. The idea is to create a mar Richard Drew AP Traders Al Young, left, and Randy Beller converse as they work on the floor of the New York Stock Exchange on Tuesday, It was the biggest point gain since April 5, 2001, and the Nasdaq's biggest since May 8, 2002. The latest step by the central banks was seen as a direct lifeline to investment banks, which previously couldn't borrow beyond already established See MARKET on C2 500 points in the past three sessions and is still down about 2,000 points from its October 2007 record high. Broader stock indicators also soared.

The Standard Poor's 500 index rose 47.28, or 3.7 percent, to 1,320.65, while the Nasdaq composite index surged 86.42, or about 4 percent, to 2,255.76. See SPOTLIGHT on C2 Dow Jones Ind. Closing Prices for Selected Stocks Jones Member SIPC Co. Price Change 52 wk H-L Description Price Changs 52 wk H-L Co. Dsscription Change 416.66 Closed 12,156.81 Co.

Price Changs 52 wk H-L Description Nasdaq Change 86.42 Closed 2255.76 4.65 1.60 0.93 2.58 1.40 2.26 2.93 0.73 1.23 1.01 0.57 0.03 0.04 ZIONS BANCORP UNITED PARCEL PEPSICO INC HOLOGIC INC WAL-MART STORES US BANCORP WELLS FARGO CO WALT DISNEY CO PEPSI BOTTLING MICROSOFT CP SKYWEST INC PFIZER INC QWEST COMMS INTL NOVELL INC 49.65 2.79 69.95 54.20 60.25 32.85 30.82 31.19 32.76 29.28 22.40 21.72 4.97 6.22 39.31 87.68 64.01 61.89-79.79 47.51 42.09-51.57 27.86 36.16 24.38 37.99 26.30 36.27 30.22 43.38 26.71 21.27-29.50 21.14-27.73 4.94-10.45 5.76-8.26 ZION UPS PEP HOLX WMT USB WFC DIS PBG MSFT SKYW PFE NOVL 32.95-42.97 28.44-61.68 31.65-42.15 20.74 43.20 23.77-41.19 92.10-121.46 18.05-27.99 15.41-24.73 4.30-12.32 59.72 68.85 23.95-31.94 19.94-33.19 42.50 63.69 72.05 97.00 41.03 61.62 36.09 29.65 33.40 21.77 26.20 116.49 21.20 15.36 5.00 62.44 26.00 22.21 54.25 77.95 42.32 1.44 1.02 1.70 0.88 1.42 2.48 1.08 0.29 1.11 0.68 0.60 0.45 2.47 1.06 GANNETT CO INC GENERAL ELEC CO GENERAL MOTORS HOME DEPOT INC INTL BUS MACHINE INTEL CORP LEGGETT PLATT JETBLUE AIRWAYS KROGER CO LOWES COMPANIES MCDONALD'S CORP 3M COMPANY MERCK CO GCI GE GM HD IBM INTC LEG JBLU JNJ KR LOW MCD MMM MRK 69.52-95.27 32.50 49.10 26.45 35.90 50.95 66.38 46.59-65.59 80 67.08 95.50 13.66-27.26 21.77 34.24 51.52 72.68 64.97 90.84 19.69 55.55 3,520 5,059 33.12-52.96 XOM WAG SYY SRE KO FOX CVX CVG CSCO COST COP BRKB BAC EXXON MOBIL WALGREEN CO SYSCO CORP SEMPRA ENERGY COCA-COLA CO FEDEX CORP CHEVRON CONVERGYS CP CISCO SYSTEMS COSTCO WHOLESAL CONOCOPHILLIPS CITIGROUP BERKSHIRE CL BANK OF AMERICA 86.68 36.36 28.31 52.76 59.47 88.16 88.16 14.45 25.15 62.62 79.50 21.49 4,400 37.72 4.22 1.29 0.55 1.09 0.81 3.19 3.43 0.59 1.16 2.37 2.15 1.80 37 2.41 Standard Poors 500 Change 47.28 Closed 1320.65 ON ALL '08 CHEVROLET 3 1 SILVERADO AVALANCHE TRUCKS FOR 60 $1.00 Over Invoice On All New 2007's 360 N. Main Cedar City 435-586-6595 1-800-594-8912 VfAT.if.HrailSiiaViCll8Vy.C0m A f- ii Si iSi.

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About The Daily Spectrum Archive

Pages Available:
682,533
Years Available:
1973-2024