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Business
Business News Sponsored by Gateway Press. |
Announcements |
Sierra Pacific Industries to Close its Loyalton, CA Power Plant |
Posted by: thepinetree on 08/20/2010 03:23 PM
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Anderson, CA – Sierra Pacific Industries (SPI) today announced that it has sent a notice to NV Energy in Nevada stating that SPI will suspend operations at its Loyalton, CA power plant immediately. The plant’s fifteen power plant operators who will be directly affected by this announcement were notified today...
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Weekly Market Update Week of August 16, 2010 From Donna Stevenson of Pacific West Financial |
Posted by: thepinetree on 08/19/2010 11:06 AM
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Copperopolis, CA...After slight gains on Monday, all three major indexes – the Dow, the S&P 500, and the Nasdaq – closed lower every day from Tuesday through Friday amidst weak economic data and disappointing earnings results. Equities also faced pressure from the Federal Reserve’s warning that the recovery is weakening. In a statement made Tuesday, the Fed admitted that “The pace of recovery in output and employment has slowed in recent months." It also added that while it still expects the economy to grow, the improvement will be "more modest in the near term than had been anticipated." This outlook was among the most pessimistic to come from the Fed in over a year, and it seems to have cast a cloud over stock performance. For the week, the Dow lost 3.3%, the S&P dropped 3.8%, and the Nasdaq slid 5%.
Visit Pacific West Financial Group in Copperopolis Today |
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It's Time to Mingle Til' You Tingle on Thursday Eve at NEXT of Murphys |
Posted by: Kim_Hamilton on 08/18/2010 03:35 PM
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Come join the Calaveras County Chamber of Commerce for their the premier network event for business people in Calaveras County Held at NEXT! They are located at 220 Big Trees Road in Murphys on Thursday, August 26, 2010 from 5:30 pm - 7:00 pm. Delicious Appetizers and local Wines will be served. Don't miss out on the BEST Networking Opportunity in Calaveras County. For More Information call The Calaveras Chamber of Commerce at (209) 736-2580.
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GM Files Registration Statement with United States Securities and Exchange Commission for Proposed Initial Public Offering |
Posted by: thepinetree on 08/18/2010 11:15 PM
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DETROIT – General Motors Company today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) for a proposed initial public offering consisting of common stock to be sold by certain of its stockholders and the issuance by the company of its Series B mandatory convertible junior preferred stock.... |
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Calaveras Visitors Bureau Hopping Away from Angels Camp? ~By John Hamilton |
Posted by: thepinetree on 08/16/2010 06:33 PM
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Angels Camp, CA...It seems as though the Calaveras Visitors Center's tenure as a fixture in Historic Angels Camp may be coming to a sad and abrupt end. Lease negotiations between the City and the Calaveras Visitors bureau are at an impasse with the City wanting above market rent for the 700 ft or so of office space that comprises the Visitors center. The City also may be eying the space for departmental use and this may make them less inclined to want to reach an agreement. The CVB's lease ends in October so there is still time but the clock is running....
Video Enclosed |
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Expanding? Need Space? Time to Get That New Steel Building from Davidson Construction |
Posted by: thepinetree on 08/17/2010 11:25 AM
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Valley Springs, CA...Large or Small they can build it all. If you need custom steel buildings or extra space for your Farm, Ranch, Business or home Jeff Davidson Construction is the firm to call in the Mother Lode. Whether it is a garage, warehouse, manufacturing space or more, Davidson can get it done. Give them a call at 209.772.9675 and you will be on your way to a spacious & affordable tomorrow...
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Massive Goldrush Garden Project Is Approved By Tuolumne County Supervisors |
Posted by: thepinetree on 08/17/2010 04:08 PM
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Jamestown, CA...The old mine site in Jamestown looks to be heading to a second life with the approval of a new project by the Tuolumne Supervisors today. About the project...Gold Rush Gardens is a mixed use project that has been Master Planned to be a mixed use World Class destination attraction located on an assemblage of land that includes the former Jamestown Gold Mine site and two adjacent parcels. The range of uses is proposed to include: - 65 acres of formal Themed Gardens similar to Butchart Gardens in Victoria, British Columbia, Canada. The Gardens will include lakes, streams, and informal landscape areas. Grapes and olives may be incorporated as a landscape component and allow for some production of wine and olive oil as well. In total, the Gardens and related uses will encompass more than 100 acres. Various commercial uses are incorporated into the Gardens and are proposed to include wedding chapels and reception facilities, eating areas, and offices...
Click Above to Read the Complete Proposal (Oops Corrected Link)
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Kohl's Moving Closer to Opening Day |
Posted by: thepinetree on 08/16/2010 08:47 AM
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Sonora, CA...Kohl's is hiring now for their late September store opening. After a couple bleak years The Junction Shopping Center in Sonora is heading back towards full occupancy. With the loss of Albertsons and then Gottschalks the center was at a turning point. It has come rolling back and once again is a strong draw for the Sonora area. The Junction was one of the original large shopping developments that predated the Wal-Mart Center...
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Jobless Claims Up A Tick To 484,000 According to Report |
Posted by: thepinetree on 08/12/2010 08:25 AM
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Washington, DC...In the week ending Aug. 7, the advance figure for seasonally adjusted initial claims was 484,000, an increase of 2,000 from the previous week's revised figure of 482,000. The 4-week moving average was 473,500, an increase of 14,250 from the previous week's revised average of 459,250.... |
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National Unemployment Holds Steady at 9.5%, Private Sector Gains 71,000 |
Posted by: thepinetree on 08/06/2010 07:24 AM
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Washington, DC...Total nonfarm payroll employment declined by 131,000 in July, and the unemployment rate was unchanged at 9.5 percent, the U.S. Bureau of Labor Statistics reported today. Federal government employment fell, as 143,000 temporary workers hired for the decennial census completed their work. Private-sector payroll employment edged up by 71,000...
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