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Stocks Inch Higher Ahead Of FOMC Meeting

Major U.S. markets eked out a gain Monday as investors seemed hopeful Tuesday’s Federal Open Market Committee will decide on economic policy that will help boost growth. The reason for their optimism — Friday’s jobs report was weaker than expected and so positive action may be warranted.

The FOMC’s statement is expected Tuesday afternoon, and so stocks will likely remain in a narrow range until then. Traders are also anxiously waiting for the Bank of Japan to wrap up its economic policy meeting on Tuesday.

The Dow also received a boost Monday from McDonald‘s ( MCD – news – people ), which reported its sales rose 7% in July. McDonald’s said because of the hot weather, more of its customers were ordering its cold drinks, including the McCafe Real Fruit Smoothies and its Frappes.

There were some positive comments from the investment community buoying stocks today.

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Sponsorship from Kaiser Permanente Makes Green Makeover Posssible

Green Chip Living has covered stories in green architecture and building for awhile now…

The latest in green gyms and health clubs; LEED-Platinum certified monasteries and houses of worship; farmers markets; and now, green health clinics popping up on the West Coast.

Now, thanks to a one million dollar grant sponsored by Kaiser Permanente, a health clinic in a San Diego community could be the first of its kind to earn LEED certification.

The new center has been built from the ground up as environmentally friendly for both residents and the community, and is hoping to earn LEED Gold certification.

California Senators and big wigs in health care, as well as the likes of Michelle Obama, joined Kaiser Permanente and La Maestra for the ribbon cutting ceremony just two weeks ago.

Serving citizens of the City Heights neighborhood in the eastern part of San Deigo since 1990, La Maestra is not only giving patients the medication and diagnosis they need to feel better; it’s also an example of green building in one of the most ethnically diverse and low-income communities in the city.

The site for the new building was considered based on solar power and breeze; the health center’s grounds also include a high-efficiency landscape irrigation system and drought resistant and native plants.

The green features at La Maestra include:

  • high performance insulated glass
  • recycled materials, energy management system, and materials with low volatile organic compounds
  • highest environmentally-friendly standards in lighting, air quality ventilation, waste management, energy-use sources
  • furniture and interior decoration from natural materials, manufactured by sustainable companies
  • a rooftop solar photovoltaic array expected to generate 15% of the building’s energy needs

La Maestra is running more efficiently while enjoying a much-needed expansion. The 36,

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Schiff Report

Schiff Report Video blog Aug. 3rd 2010: Dollar decline, yen, oil, inflation, Fed, stimulus

Healthcare Realty Trust Holds The Line On Dividend

At the close of trading yesterday, Healthcare Realty Trust declared its quarterly dividend of 30 cents per share, maintaining the amount paid to shareholders last quarter. Based on the current stock price, investors can expect a yield of about 4.9% going forward.

In afternoon trading, shares of Healthcare Realty were heading higher, gaining 1.5 percent.

In other dividend news, Plum Creek Timber maintained its quarterly dividend of 42 cents per share. And Centerpoint Energy maintained its quarterly dividend of 19.5 cents per share.

Among dividend increases, Leggett & Platt ( LEG – news – people ) announced its quarterly dividend of 27 cents per share, an increase of about 4% over its prior dividend in June of 26 cents.

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