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	<title>Davis Enterprise &#187; A9</title>
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	<description>Yolo County, California</description>
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		<title>Market ends week with loss</title>
		<link>http://www.davisenterprise.com/business/market-ends-week-with-loss/</link>
		<comments>http://www.davisenterprise.com/business/market-ends-week-with-loss/#comments</comments>
		<pubDate>Fri, 24 May 2013 21:38:21 +0000</pubDate>
		<dc:creator>The Associated Press</dc:creator>
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		<description><![CDATA[NEW YORK (AP) — Major stock indexes closed out their first weekly loss in a month in quiet trading Friday. The Standard &#38; Poor&#8217;s 500 index dropped 0.91 of a point to close at 1,649.60. The Dow Jones industrial average rose 8.60 points to 15,303, a gain of 0.1 percent. Procter &#38; Gamble supported the [...]]]></description>
				<content:encoded><![CDATA[<p>NEW YORK (AP) — Major stock indexes closed out their first weekly loss in a month in quiet trading Friday.</p>
<div>
<p>The Standard &amp; Poor&#8217;s 500 index dropped 0.91 of a point to close at 1,649.60. The Dow Jones industrial average rose 8.60 points to 15,303, a gain of 0.1 percent. Procter &amp; Gamble supported the Dow with an increase of 4 percent.</p>
<p>Both indexes had their first weekly losses since the week ending April 19. A disappointing manufacturing report out of China and a sharp fall in Japan&#8217;s stock market rattled investors&#8217; nerves this week. But anxiety over the Federal Reserve&#8217;s bond-buying program was the main culprit. Some investors interpreted comments from Fed officials to mean that the bank may start pulling its support for the economy sooner than they expected.</p>
<p>The S&amp;P 500, widely used by mutual funds as a proxy for the stock market, lost 1.1 percent for the week. It&#8217;s still up 15.7 percent for the year.</p>
<p>Marty Leclerc, the managing partner of Barrack Yard Advisors, an investment firm in Bryn Mawr, Pa., said the weekly drop wasn&#8217;t cause for concern. Even market rallies have to take the occasional break, he said.</p>
<p>&#8220;It&#8217;s up like a rocket blast this year,&#8221; Leclerc said of the stock market. &#8220;For there to be a little bit of a pullback is perfectly understandable.&#8221;</p>
<p>The market headed lower at the start of trading on Friday, then spent the rest of the day slowly recovering ground. By the closing bell, market indexes were roughly back to where they started.</p>
<p>Procter &amp; Gamble announced late Thursday that it&#8217;s bringing back its former CEO, A.G. Lafley, to run the company. The world&#8217;s largest consumer-products maker, whose brands include Tide and Crest, is trying to increase sales in the face of tough competition. P&amp;G rose $3.18 to $81.88.</p>
<p>Sears plunged 14 percent after the department-store chain reported a steep quarterly loss and slumping sales after the market closed Thursday. Sears lost $7.92 to $50.25.</p>
<p>The Nasdaq composite slipped 0.27 of a point to 3,459.14.</p>
<p>Eight of the 10 industry groups in the S&amp;P 500 fell. Only financial stocks and consumer staples makers rose.</p>
<p>The stock market slipped Friday despite an encouraging report on U.S. manufacturing. The government said orders for long-lasting goods rebounded in April, helped by demand for aircraft and stronger business spending. The report suggests economic growth may hold steady this spring.</p>
<p>Until this week, signs of slow but steady economic growth and record profits for big companies had propelled stock-market indexes to all-time highs.</p>
<p>All but 11 companies in the S&amp;P 500 have posted their first-quarter earnings, and the results have turned out much better than expected. Nearly seven of 10 have reported higher earnings than analysts had estimated. Overall profits in the first quarter are on track to climb 5 percent over the year before.</p>
<p>In the market for U.S. government bonds, the yield on the 10-year Treasury note dipped to 2.01 percent from 2.02 percent late Thursday.</p>
<p>The price of crude oil slipped 10 cents to settle at $94.15 a barrel, ending with a drop of $1.87 for the week. Gold lost $5.20 to $1,386.60 an ounce.</p>
<p>Trading was light ahead of the long weekend. U.S. financial markets will be closed Monday for Memorial Day.</p>
<p>————</p>
<p>By Matthew Craft, AP business writer</p>
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		<title>&#8216;Fast &amp; Furious 6&#8242;: Accelerating nicely</title>
		<link>http://www.davisenterprise.com/arts/movies/fast-furious-6-accelerating-nicely/</link>
		<comments>http://www.davisenterprise.com/arts/movies/fast-furious-6-accelerating-nicely/#comments</comments>
		<pubDate>Fri, 24 May 2013 09:01:28 +0000</pubDate>
		<dc:creator>Derrick Bang</dc:creator>
				<category><![CDATA[Movies]]></category>
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		<description><![CDATA[&#8220;Fast &#38; Furious 6&#8243; 3.5 stars Starring: Vin Diesel, Paul Walker, Dwayne Johnson, Michelle Rodriguez, Sung Kang, Jordana Brewster, Luke Evans, Gina Carano, Tyrese Gibson, Chris “Ludacris” Bridges, Gal Gadot Rating: PG-13, and somewhat generously, for intense and relentless violence, action and mayhem, along with occasional profanity and sensuality Gear-grinding franchise still delivers a high-octane [...]]]></description>
				<content:encoded><![CDATA[<blockquote><p><strong><span style="font-size: 13px; line-height: 19px;">&#8220;Fast &amp; Furious 6&#8243;</span></strong></p>
<p><strong><span style="font-size: 13px; line-height: 19px;">3.5 stars</span></strong></p>
<p><strong>Starring:</strong> Vin Diesel, Paul Walker, Dwayne Johnson, Michelle Rodriguez, Sung Kang, Jordana Brewster, Luke Evans, Gina Carano, Tyrese Gibson, Chris “Ludacris” Bridges, Gal Gadot</p>
<p><span style="font-size: 13px; line-height: 19px;"><strong>Rating:</strong> PG-13, and somewhat generously, for intense and relentless violence, action and mayhem, along with occasional profanity and sensuality</span></p></blockquote>
<p><span style="font-size: 13px; line-height: 19px;">Gear-grinding franchise still delivers a high-octane blend of thrills and humor</span></p>
<p>By Derrick Bang<br />
Enterprise film critic</p>
<p>Longest&#8230;</p>
<p>&#8230;airport&#8230;</p>
<p>&#8230;runway&#8230;</p>
<p>&#8230;<em>ever</em>.</p>
<p>The “Fast &amp; Furious” series has long been known for physics-defying stunts that strain credibility, while nonetheless inspiring well-deserved admiration for the way so many of these crazy chases and assorted skirmishes look (somewhat) authentic, as opposed to the obvious fakery of computer-enhanced sweetening. (Make no mistake: CGI plays an important role in these films, but much of the driving is real.)</p>
<p>Even by those standards, however, “Fast &amp; Furious 6” boasts audacious, jaw-dropping set-pieces that are just plain nuts.</p>
<p>But they’re also tautly edited, reasonably suspenseful and quite entertaining. As comic book movies go, this series delivers ingenious thrills &#8230; even if they <em>are</em> guaranteed to make mechanical and aerospace engineers snort with laughter.</p>
<p>Director Justin Lin and screenwriter Chris Morgan deserve considerable credit. They’ve collaborated on four of these films now — all but the first two — and they have the formula down cold. Take an ever-expanding “family” of familiar characters, grant them plenty of interactive banter, season with vehicular chases every 15 minutes or so, and blend with aggressive punching matches between good guys and bad guys, usually one on one, but sometimes two on two.</p>
<p>Toss in a James Bondian “head villain” with an equally malevolent sidekick, spice with babe shots — because under-dressed women are <em>such</em> an essential part of street-racing — and call it a movie.</p>
<p>And yes, before you ask: Morgan already is scripting “Fast &amp; Furious 7” for new director James Wan (“Saw,” “Insidious”), which will add Jason Statham to the mix when it roars into theaters next summer.</p>
<p>It’s all absolute and utter nonsense, but thrilling and adrenaline-pumping nonetheless. No doubt responding to demands for bigger and better, Lin and Morgan have customized “6” with road-rage chases involving all manner of souped-up cars, not to mention a tank and a massive Antonov 124 cargo plane (!).</p>
<p>And yes, the latter eye-widening melee, during which half a dozen four-wheeled vehicles try to prevent said plane from lifting off, occupies 15 climactic minutes, during which the accelerating plane magically never runs out of runway.</p>
<p>Heck, even allowing for the cross-cutting needed to show simultaneous action on the ground and inside the plane, I figure that runway must’ve stretched at least 20 miles. Land must be cheap in Spain.</p>
<p>Lin gets plenty of capable help from cinematographer Stephen F. Windon and editors Christian Wagner and Kelly Matsumoto, all series veterans; they definitely make a winning team. One also has to smile at the massive <em>thunk</em> sound designer Peter Brown inserts, every time a racing driver shifts up or down. This may be popcorn nonsense, but it’s slickly made nonsense.</p>
<p>With previous entries having exhausted locations in Los Angeles, Miami, Tokyo, Mexico and Rio de Janeiro, this time the action is based in the UK — London, Liverpool and Glasgow — with a few supposed visits to Spain (actually, studio work).</p>
<p>Following their successful heist in “5,” our crew of anti-heroes has settled around the world. Brian (Paul Walker) and Mia (Jordana Brewster) are new parents in the Canary Islands, with Dom (Vin Diesel) and Elena (Elsa Pataky) living close by. Han (Sung Kang) and Gisele (Gal Gadot) are enjoying Hong Kong; Tej (Chris “Ludacris” Bridges) is in Costa Rica; and Roman (Tyrese Gibson) jets to exotic locales when the mood strikes.</p>
<p>All concerned are saved from succumbing to boredom when tough-as-nails federal agent Luke Hobbs (Dwayne Johnson) confronts Dom with an assignment he literally cannot refuse. A paramilitary-trained criminal mastermind — Luke Evans, as Shaw — has been committing high-profile thefts throughout Europe, aided by a most unlikely sidekick: Dom’s former main squeeze, Letty (Michelle Rodriguez).</p>
<p>The so-called plot here is incidental and perfunctory: Shaw needs to steal a whatzis — in order to combine it with other whatzises (whatzi?) he stole earlier, before this movie started — so that he can build a vile thingamajig capable of knocking out the electrical and computer grids of an entire <em>country</em>, which obviously would be a valuable item to have, were a neighboring hostile government planning to invade.</p>
<p>Because Shaw has accomplished his earlier heists with a team of skilled drivers, Hobbs decides to fight turbo-charged fire with more of the same, and hence our team is reassembled once again.</p>
<p>One must take attempts at “serious dialogue” with a grain of salt, as when Mia “understands” that Brian must join the gang, despite his earlier promise to settle down and be a sedentary doting father. Morgan fills such moments with howler lines such as “This is what we do,” and of course that’s all the explanation we get.</p>
<p>But, then, we don’t watch these films for credible relationship dynamics; we really just want sight gags, droll one-liners and wry double-takes.</p>
<p>But only in between action shots starring a Who’s Who of new and old American and European muscle cars: a 1969 Dodge Daytona (Dom), a 1971 Mark 1 Ford Escort (Brian), a 1970 Jensen Interceptor (Letty), a 2002 Enzo Ferrari (Tej) &#8230; not to mention a few motorcycles — a Harley (Han) and a Ducati Monster (Gisele) — not to mention a lethal “flip car” and even a 2012 Aston Martin DB9 (Shaw, who apparently stole it from James Bond).</p>
<p>The highest-profile human newcomer is mixed martial arts fighter-turned-actress Gina Carano, who turns up as Riley, Hobbs’ second-in-command. Carano might be remembered from her starring turn in director Steven Soderbergh’s 2011 spy thriller, “Haywire,” but I must note that, two years further along, the term “actress” remains generous. Carano gets her lines out, but she hasn’t a shred of the easy, jocular presence displayed so effortlessly by everybody else.</p>
<p>And that’s what it comes down to. Even the best-choreographed car chases would pale, if we weren’t enjoying the characters. Bridges and Gibson are a hoot as Tej and Roman, and I still chuckle at the veiled-brow, don’t-mess-with-me intensity that Diesel gives even an innocuous line, such as “Pass the salt.”</p>
<p>Johnson continues his equally engaging, action-hero ascent, and his scenes with Diesel — Dom and Hobbs have a prickly relationship, at best — are quite droll. Rodriguez remains the baddest girl on the planet, with a sneer that could freeze blood at 50 yards, and Gadot is a spunky, perky yin to the yang of Kang’s more serious Han.</p>
<p>At 130 minutes, “Fast &amp; Furious 6” is one car chase too long; the third act, in particular, flirts with overkill. And speaking of that, I didn’t appreciate the casual collateral damage inflicted on scores of innocent civilians who get crushed — inside their cars — during the tank sequence. That’s needlessly, unpleasantly callous for this sort of lighthearted fare, and certainly not funny, although Lin obviously stages the scene as if expecting laughs.</p>
<p>All the “Fast &amp; Furious” flicks probably qualify as guilty pleasures, at best, but I can’t ignore the formula that keeps me coming back for more &#8230; particularly now that Morgan’s post-credit bit in <em>this</em> film seems to have “caught up” with “Tokyo Drift,” therefore granting Dom &amp; Co. the opportunity, in next summer’s “7,” to seek some anger-fueled vengeance.</p>
<p>Meanwhile, “6” is guaranteed several victory laps at the box office.</p>
<p><em>— Read more of Derrick Bang’s film criticism at http://derrickbang.blogspot.com. Comment on this review at www.davisenterprise.com</em></p>
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		<title>Carbahal, McNaughton elected to lead First Northern Bank board</title>
		<link>http://www.davisenterprise.com/business/carbahal-mcnaughton-elected-to-lead-first-northern-bank-board/</link>
		<comments>http://www.davisenterprise.com/business/carbahal-mcnaughton-elected-to-lead-first-northern-bank-board/#comments</comments>
		<pubDate>Fri, 24 May 2013 00:15:39 +0000</pubDate>
		<dc:creator>Enterprise staff</dc:creator>
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		<description><![CDATA[John M. Carbahal has been elected to a three-year term as chairman of the First Northern Bank board and Foy S. McNaughton has been elected to a one-year term as vice chairman. They bring to their new positions 30 years of combined directorship experience with First Northern. Carbahal has served on the board since July [...]]]></description>
				<content:encoded><![CDATA[<p>John M. Carbahal has been elected to a three-year term as chairman of the First Northern Bank board and Foy S. McNaughton has been elected to a one-year term as vice chairman. They bring to their new positions 30 years of combined directorship experience with First Northern.</p>
<p>Carbahal has served on the board since July 1996. He was named vice chairman in 2009 and currently serves on the directors’ Audit, Compensation and Loan committees, and is chairman of the directors’ Nominating and Corporate Governance Committee. McNaughton has served on the board since 2000 and currently serves as chairman of the directors’ Audit Committee and as a member of both the Loan and Compensation committees.</p>
<p>Carbahal is a certified public accountant and co-founder of Carbahal &amp; Company Inc., an accountancy corporation in Davis. For the past 29 years, Carbahal &amp; Company has been named one of the top 25 accountancy firms in the Sacramento area by the Sacramento Business Journal.</p>
<p>Carbahal earned a bachelor&#8217;s degree in business administration from Cal State Chico and an MBA in taxation from Golden Gate University in San Francisco.</p>
<p>He is a member of the Davis Sunrise Rotary Club, past president of the Winters Rotary Club and a member of the California Society of Certified Public Accountants, as well as the American Institute of Certified Public Accountants. He has served as president of the Yolo County Chamber of Commerce, past president of the Yolo County Land Trust and past board member for both the California Bicycle Museum and the U.S. Bicycling Hall of Fame.</p>
<p>Carbahal also is a former community college accounting instructor. His professional affiliations include memberships in Beta Alpha Psi, a national accounting fraternity, and the Yolo County Farm Bureau.</p>
<p>McNaughton is the president and chief executive officer of McNaughton Newspapers, a group of community newspapers that include The Davis Enterprise, Daily Republic (Fairfield), Mountain Democrat (Placerville), Winters Express and Life Newspapers (El Dorado County). He also serves as the company’s chief financial officer.</p>
<p>McNaughton has served on the boards of directors of many community groups, including the Davis and Fairfield Chambers of Commerce and Rotary Clubs. He is past president of the Travis Regional Armed Forces Committee, Sutter Davis Hospital board of directors and the Fairfield Community Services Foundation.</p>
<p>First Northern’s other directors, and the year in which they joined the board, are Lori J. Aldrete, 1995; Frank J. Andrews Jr., 1993; Patrick R. Brady, 2013; Gregory DuPratt, 1996; Diane P. Hamlyn, 1985; Richard M. Martinez, 2011; Owen J. Onsum, 1996; David W. Schulze, 1978; and Louise A. Walker, 2011.</p>
<p>First Northern has 10 full-service branches in Davis, Dixon, Winters, Woodland, West Sacramento, Fairfield, Vacaville, downtown Sacramento, Roseville and Auburn. The bank has a full-service Trust Department in Sacramento, and in April it opened a commercial lending office in Walnut Creek.</p>
<p>For more information, visit <a href="http://www.thatsmybank.com" target="_blank">www.thatsmybank.com</a>.</p>
<div class="clear"></div><div id="gallery_post">
<a href='http://www.davisenterprise.com/media-post/john-carbahal-and-foy-mcnaughton-photos/attachment/carbahaljohnw/' title='CarbahalJohnW'><img width="110" height="150" src="http://davisenterprise.s3.amazonaws.com/files/2013/05/CarbahalJohnW-110x150.jpg" class="attachment-thumbnail" alt="John Carbahal was elected to a three-year term as chairman of First Northern Bank&#039;s board of directors. Courtesy photo" /></a>
<a href='http://www.davisenterprise.com/media-post/john-carbahal-and-foy-mcnaughton-photos/attachment/mcnaughtonfoyw/' title='McNaughtonFoyW'><img width="111" height="150" src="http://davisenterprise.s3.amazonaws.com/files/2013/05/McNaughtonFoyW-111x150.jpg" class="attachment-thumbnail" alt="Foy S. McNaughton was elected to a one-year term as vice chairman of First Northern Bank&#039;s board of directors. Courtesy photo" /></a>
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		<title>Free home-buying seminar slated</title>
		<link>http://www.davisenterprise.com/business/free-home-buying-seminar-slated/</link>
		<comments>http://www.davisenterprise.com/business/free-home-buying-seminar-slated/#comments</comments>
		<pubDate>Fri, 24 May 2013 00:07:23 +0000</pubDate>
		<dc:creator>Enterprise staff</dc:creator>
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		<description><![CDATA[&#8220;Everything You Want to Know About Being a First-Time Home Buyer&#8221; is the title of a free seminar offered Saturday, June 1, by Travis Credit Union. The seminar will run from 9 a.m. to noon in the Community Room at the credit union, One Travis Way in Vacaville. To reserve a seat, call 707-449-4000 or [...]]]></description>
				<content:encoded><![CDATA[<p>&#8220;Everything You Want to Know About Being a First-Time Home Buyer&#8221; is the title of a free seminar offered Saturday, June 1, by Travis Credit Union.</p>
<p>The seminar will run from 9 a.m. to noon in the Community Room at the credit union, One Travis Way in Vacaville. To reserve a seat, call 707-449-4000 or 800-877-8328 by Friday, May 31.</p>
<p>Preparation for home ownership begins long before the purchase actually takes place. This seminar covers pre-purchase issues such as budgeting, determining how much house is affordable, saving for a down payment and other costs, credit reports, debt-to-income ratios, as well as the mortgage lending process.</p>
<p>Headquartered in Vacaville, Travis Credit Union serves those who live or work in 12 counties in the Sacramento region. It has a Davis branch at 1380 E. Covell Blvd. in the Oak Tree Plaza.</p>
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		<title>New presidents for 5 CSU campuses</title>
		<link>http://www.davisenterprise.com/local-news/associated-press/new-presidents-for-5-csu-campuses/</link>
		<comments>http://www.davisenterprise.com/local-news/associated-press/new-presidents-for-5-csu-campuses/#comments</comments>
		<pubDate>Wed, 22 May 2013 22:16:48 +0000</pubDate>
		<dc:creator>The Associated Press</dc:creator>
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		<description><![CDATA[SAN FRANCISCO (AP) — Five of the California State University&#8217;s 23 campuses are getting new leaders, the system&#8217;s board of trustees announced Wednesday. The round of appointments by the board included naming three presidents who have held the posts on an interim basis since last year at Cal State Stanislaus, Cal State Monterey Bay and Cal [...]]]></description>
				<content:encoded><![CDATA[<p>SAN FRANCISCO (AP) — Five of the California State University&#8217;s 23 campuses are getting new leaders, the system&#8217;s board of trustees announced Wednesday.</p>
<div>
<p>The round of appointments by the board included naming three presidents who have held the posts on an interim basis since last year at Cal State Stanislaus, Cal State Monterey Bay and Cal State Dominguez Hills. Two of the positions were filled with administrators working at different campuses from the ones where they will hold the top jobs.</p>
<p>The schools getting fresh faces are two of the system&#8217;s biggest — Cal State Los Angeles, which enrolled nearly 22,000 students in the fall, and Cal State Fresno, which has a student body of nearly 23,000.</p>
<p>William Covino, Fresno State&#8217;s vice president for academic affairs, was picked to run Cal State Los Angeles starting in September. He will succeed retiring president James Rosser, who held the post for 34 years.</p>
<p>Covino, an English scholar who has also worked at Cal State Stanislaus, San Diego State, Florida Atlantic University and the University of Illinois, said he was excited by the opportunity to lead a diverse campus that &#8220;truly reflects the changing face of California in the 21st century.&#8221;</p>
<p>Joseph Castro, a vice chancellor at the University of California, San Francisco, was selected to lead Fresno State. Castro is a San Joaquin Valley native and as the first member of his family to attend college, earned a bachelor&#8217;s degree in political science from UC Berkeley and a doctorate in higher education policy and leadership from Stanford University.</p>
<p>He is expected to start work in August and will replace John Welty, who is retiring after having held the job since 1991.</p>
<p>Willie Hagan was named president of the Dominguez Hills campus, Eduardo Ochoa of Cal State Monterey Bay, and Joseph Sheley of Cal State Stanislaus.</p>
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