4:20 pm : Late in the session, the market's major averages breached the tight range that had contained them all day. Relieved that Google's (GOOG 405.00 -27.66) earnings disappointment did not sink Wednesday's market, buyers stepped in and sent eight of the ten economic sectors higher. Strong earnings results from Boeing (BA 71.62 +3.31) supported the market, countered Google's effect,�and drove the Dow's outperformance.
Lifted by Boeing, the Industrials sector (+0.8%) led. Honeywell (HON 39.27 +0.85) and Caterpillar (CAT 69.17 +1.27), which also recently delivered
Pantry Detox! If certain high-calorie foods lurking in your pantry keep throwing you off track when trying to lose weight, show no mercy: Throw them out.
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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!
Bush Urges Confidence in His Leadership President Bush and first lady Laura Bush wave to the crowd after President Bush finished speaking in the Grand Ole Opry House in Nashville, Tenn., Wednesday, Feb. 1, 2006. The address by Bush follows his State of the Union speech delivered Tuesday night. (AP Photo/Mark Humphrey)
1:59 pm PT OPNET reports $0.05 above consensus, including benefit; guides Q4 EPS in-line, revs above consensus (OPNT) 9.15 : Reports Q3 (Dec) earnings of $0.06 per share, including a tax benefit of $101,000,�$0.05 better than the Reuters Estimates consensus of $0.01; revenues rose 25.2% year/year to $20.1 mln vs the $18.3 mln consensus. Tax benefit amounts to less than $0.01 per share. Co issues upside guidance for Q4, sees EPS of ($0.01) to gain of $0.02 vs. $0.02 consensus; sees Q4 revs of $19.5-20.5 mln vs. $18.40 mln consensus.
1:50 pm PT Tumbleweed Comms reports in line, issues downside Q1 EPS guidance, in line rev guidance (TMWD) 2.69 +0.02 : Reports Q4 (Dec) loss of $0.01 per share, excluding non-recurring items, in line with the Reuters Estimates consensus of ($0.01); revenues fell 2.5% year/year to $11.8 mln vs the $11.7 mln consensus. Co issues downside EPS�guidance for Q1, sees EPS of -$0.01-0.00 vs. $0.01 consensus; sees Q1 revs of $12.0-13.0 vs. $12.50 mln consensus.
1:49 pm PT Interactive Data to acquire Lycos Inc.'s Quote.com (IDC) 22.92 +0.38 : Co announces agreement to acquire Quote.com and related assets from Lycos, Inc. for $30.0 mln in cash. The acquisition is expected to close during the first quarter, subject to customary closing conditions including governmental approvals.
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