4:20 pm : Buyers dominated the trading action, and helped correct a good part of Tuesday's Google-induced drop. The Nasdaq fully erased yesterday's loss, and the Dow and S&P significantly rebounded. The action showed that the broader market's reaction to comments from Google's management, which were assertions of the obvious, was overdone. Nonetheless, it reflected an underlying sense of nervousness and reflects our view that the market will continue to trade in a choppy fashion until the interest rate uncertainty is quelled.
A Taste of Tomato Tomatoes may hold the promise of better blood pressure control.
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General Health Tip
Get Hip to Tofu! It's not just for hippies! Tofu has timeless health benefits, and is one of the most nutritious sources of protein there is. Try it as a low-fat stand-in in dishes that normally call for meat.
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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!
Tape: Bush, Chertoff Warned Before Katrina This frame taken from secure government video obtained by The Associated Press shows then-Federal Emergency Management Agency chief Michael Brown, center, at the Homeland Security EOC (emergency operations center) in Washington Aug. 28, 2005, taking part in a government video briefing the day before Hurricane Katrina struck on Aug. 29. (AP Photo)
2:24 pm PT Air Products announces price increases (APD) 64.32 +0.16 : Co announces�it will assess a 15%�charge for non-standard products in its Electronic Specialty Materials�portfolio. Additionally, the co will assess a percentage price increase, ranging from 4-15%, on select ESM products due to substantial increases in raw material�costs.
2:12 pm PT Beckman Coulter CFO James Glover to retire effective June 30 (BEC) : �
2:11 pm PT Tyler Tech beats by a penny; issues FY06 guidance (TYL) : Reports Q4 (Dec) earnings of $0.07 per share, $0.01 better than the Reuters Estimates consensus of $0.06; revenues fell 0.9% year/year to $44.3 mln vs the $43.9 mln consensus. Co issues in-line guidance for FY06, sees EPS of $0.29-0.32 vs. $0.32 consensus; sees FY06 revs of $191-196 mln vs. $193.11 mln consensus.
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