4:15 pm : Lackluster trading left Wednesday's market vacillating within proximity of the flat line for most of the session. A market-dragging drop in the Energy sector, coupled with a sharp decline in December home sales, squelched the early bullish bias and closed the indices with modest losses.
Although crude futures recovered much of their day-long decline, their pullback gave energy traders incentive to take some profits. An unexpected drawdown in crude supply was a bearish factor for the broader market, and the fact that gasoline and distillates inventories rose much
A Healthy Switch Are you cutting back on carbs? The right approach might help reduce your risk of heart disease.
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General Health Tip
Dining Out Tips: Chinese. Chinese food that is served up fast may mean more trouble for your health and waistline. The faster the food is cooked up and ready, the more oil the chef has probably added in the preparation to heat and cook your meal quickly.
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To show off his wealth, the millionaire threw an ostentatious party featuring a full orchestra, a famous singer, and tens of thousands of dollars worth of food.
JESSICA'S DIVA DEMANDS
Jessica Simpson, 25, likes to act clueless, but she can swing her celebrity weight like a pro. According to a studio source, weeks before the press tour for The Dukes of Hazzard began, "we were bombarded with a six-page pamphlet of demands for Jessica from the office of her dad, Joe Simpson." Among Jessica's requests: paid accommodations for her hairstylist and assistant in the same hotel as Jessica; a wardrobe budget estimated in the thousands of dollars; cases of Evian water; and paid private... •JEN FREAKS OVER ANGELINA'S NEW BABY •JULIA STILES, GWYNETH PALTROW AND MORE!
US and Israel warn Abbas against Hamas power deal Palestinian election workers begin counting ballots at a polling station in the West Bank city of Hebron January 25, 2006. (Loay Abu Haykel/Reuters)
9:51 pm PT On The Wires : NRG Energy (NRG) announces that it has set the price for the public offerings of 20,855,057 shares of its common stock at $48.75 per share and 2.0 mln shares of its 5.75% mandatory convertible preferred stock at an offering price of $250 per share... The Wet Seal (WTSLA) announces that it has entered into an asset purchase agreement to acquire substantially all of the assets of G+G Retail in a transaction to be effected in G+G's Chapter 11 bankruptcy proceeding which commenced today; the co's offer for the assets being acquired is $15.2 mln.�
3:15 pm PT Kirby beats by $0.04; revs above consensus, guides Q1 and '06 earnings in line (KEX) 53.60 +0.08 : KEX Q4 beats by $0.04, EPS of�$0.76 vs. $0.72 consensus; revs $213.26, up 22.7% from year ago and vs. $200.94 consensus. For Q1, co guides EPS in line to range of $0.64 to $0.70 vs. $0.67 consensus. For '06, co guides EPS to a range of�$3.00-$3.20, which excludes about $0.05 of stock-based comp expense, vs. $3.07 consensus.
3:02 pm PT EGL Inc Inc. announces resignation of CFO (EAGL) : ....
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