4:20 pm : Sellers were in total control Tuesday as tepid economic data and cautious commentary from the market's biggest momentum stock -- Google -- sparked widespread consolidation that closed virtually every (131 out of 139) industry group in negative territory. Adding to the market's volatility and some conviction behind today's broad-based move to the downside was heavier than usual volume due to some end-of-the month portfolio rebalancing by fund managers.
Before the bell, investors digested an upward revision to Q4 GDP; but even though that was widely expected, faster
Step by the Stores Is cold winter weather putting a chill on your walking program? Move your workout to the mall.
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General Health Tip
Coffee and Pregnancy. Moms-to-be should take a break from coffee -- caffeine crosses the placenta and large amounts may lead to low birth-weight infants.
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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 denies Iraq heading toward civil war President Bush speaks to the press while hosting a meeting with Italy's Prime Minister Silvio Berlusconi in the Oval Office of the White House in Washington February 28, 2006. REUTERS/Larry Downing
3:34 pm PT O'Reilly Auto beats by $0.05, beats on revs (ORLY) 32.72 -0.83 : Reports Q4 (Dec) earnings of $0.35 per share, $0.05 better than the Reuters Estimates consensus of $0.30; revenues rose 20.4% year/year to $515 mln vs the $508 mln consensus.
2:11 pm PT Hexcel files for sale of 21,433,306 shares of common stock by selling shareholders (HXL) 21.52 -0.70 : �
2:04 pm PT CBS Corp confirms it files suit against Howard Stern and related parties for multiple breaches of contract, misappropriation and unjust enrichment (CBS) 24.46 -0.37 : �