4:20 pm : On Monday, the stock market's major averages traded within a very narrow trading range that�surrounded the unchanged mark. Continuing anxiety over the situation with Iran unnerved the market, and lingering inflation concerns gave investors further reason to stick close to the sidelines.
Over the weekend, the International Atomic Energy Agency (IAEA) reported Iran to the UN Security Council on fears that the country is seeking to enrich uranium with the intention of creating nuclear weapons. The world's fourth largest oil producer's assertion that it will not
Firm Up Your Dinner Plans. Deciding ahead of time what you are having for dinner will keep you from grabbing the wrong foods when you are in a pinch. Set a deadline for yourself, say 3 p.m., to know what you're serving. This will give you plenty of time to plan and pick up what you need.
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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!
2:57 pm PT Prestige Brands misses by $0.05, revs in line (PBH) 13.04 +0.28 : Reports Q3 (Dec) earnings of $0.19 per share, $0.05 worse than the Reuters Estimates consensus of $0.24; revenues rose 9.5% year/year to $79.9 mln vs the $79.5 mln consensus. Co states decline in operating income period to period, despite the increase in revenues, resulted primarily from increases in advertising and promotion spending behind major brands, legal and accounting expenses related to the restatement of historical results and related internal investigation and fuel-related increases in cost of sales.
2:42 pm PT Fidelity National Information Services appoints Jeffrey S. Carbiener Exec VP and CFO : Co announces the appointment of Jeffrey S. Carbiener as Exec�VP and CFO, effective immediately. Carbiener replaces Al Stinson, who will retain his position as chief financial officer for Fidelity National Financial.
2:29 pm PT Anadarko Petro beats by $0.53, announces capital budget for 2006 (APC) 105.59 +1.89 : Reports Q4 (Dec) earnings of $3.88 per share, excluding non-recurring items, $0.53 better than the Reuters Estimates consensus of $3.35; revenues rose 38.9% year/year to $2.25 bln vs the $2.01 bln consensus. APC also announced a 2006 capital budget of approximately $4 bln. The program is expected to deliver 4 to 8 percent production volume growth in 2006, or 165-171 mln barrels of oil equivalent, over 2005 volumes of 158 mln B.O.E. It also includes substantial investments in exploration and development activities expected to sustain volume growth beyond 2006. Anadarko expects to more than replace annual production for the 25th consecutive year.