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News arrow News arrow Business arrow Business Briefcase published Saturday, Oct. 24, 2009

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Business Briefcase published Saturday, Oct. 24, 2009

Who brought the bears to downtown Brookings for the BruinFest? Give the credit to John White of Evergreen Federal Bank’s Brookings branch. Find the bear with the “I love Brookings” message and you can enter at any of more than 60 participating merchants to win $1,000 in the downtown shopping sweepstakes.

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There’s a new flavor for the Wild Rivers Coast. The official release of Silver Hilton Vodka by the new Superfly Distilling Co. of Brookings is at 9 p.m. tonight at One Love’s Eclectic Cuisine, 623 Memory Lane.

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Three professionals have created an association – Professional Estate Center – to combine their specialities. Members of the group are attorneys Patrick R. Foley and Gary M. Georgeff, and accountant Donald L. Scanlon. Contact them at 541-412-7829.

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It’s for the birds: There’s a free winter wild bird feeding seminar at 6 p.m. Tuesday, Oct. 27, at A Wild Bird & Backyard General Store, 1109 Chetco Ave.

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Three firms have combined their efforts under one company flag: Eagle Two Incorporated. The principals are Leroy Blodgett of the former Eagle Two Development, Jim Relaford of PRN Data Services, and Tom Bouley of Crystal Clear Computers. Contact them for property development or data services at 541-469-5902.

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Say hello to three new medical professionals in Del Norte County: Dr. Elie Hobeika, OB/GYN, and Dr. Carla Nelson, pediatrician, both at Sutter Coast Community Clinic, and Dr. Chris Holland, internist, at Open Door Community Health.

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New Hospitality 101 classes focus on holiday season themes – culinary arts, increasing tips and holiday retailing. Details and registration are at www.hospitality101.biz.

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Do you have notes for the Pilot’s Business Briefcase? Send them to This e-mail address is being protected from spam bots, you need JavaScript enabled to view it , fax them to (541)469-4679, mail them to P.O. Box 700, or drop by the Pilot office at 507 Chetco Ave.

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Business News by Yahoo Finance

  • Asia stocks subdued, euro and Aussie stand tall
    A spike in U.S. and German debt yields reduced the appetite for riskier assets to keep Asian share markets subdued on Wednesday, while the euro held gains made on upbeat euro zone inflation data and on hopes that Greece will reach a deal with creditors. The Australian dollar rallied after strong GDP data further cooled prospects of a near-term interest rate cut. Japan's Nikkei (.N225) lost 0.3 percent and Australian shares (.AXJO) shed 1.1 percent.
  • ECB to press case for steady QE, may urge Greece to accept deal
    The European Central Bank is set to raise its inflation forecast on Wednesday, saying that its trillion-euro-plus asset buying program is already paying off, and may urge Greece to accept a new deal from its creditors to access fresh aid. In what could be the bank's least eventful meeting in months, the ECB is set to keep rates on hold, confirm its growth forecasts, make the case for a steady pace in quantitative easing and discuss Greece only briefly, leaving most of the talking to Brussels. The bank will announce its rate decision at 1145 GMT (7.45 a.m. EDT) and Mario Draghi, its president, will hold a press conference at 1230 GMT.
  • Pimco shifts focus to capital preservation, likes Aussie bonds
    Bond fund manager Pimco has turned to Australian government bonds and short-term Japanese government debt as it looks not only for yield, but to protect its capital in an uncertain global fixed-income environment. The U.S. fixed-income house, which until recently managed the world's largest bond fund, has cut the duration of its portfolio by half in the past year, sought assets across geographies, and gone for bonds that will prove resilient if economic conditions deteriorate. Duration is the weighted-average maturity of a bond after taking into account all its cash flows.

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