4:20 pm : Momentum from yesterday's late-day rally carried forth into today's session, but it did not last. Investors grappled with an array of items, and sellers eventually dominated. Leadership lacked, and each of the indices registered losses.
A 1.0% rise in the price of crude helped to take the steam out of the market. The Energy Department's report that natural gas supply last week fell less than expected initially sent energy prices lower. With the extension of their pullbacks, the market benefited. Reports that Nigerian terrorists engaged soldiers in an attempt to
Don't Cook Veggies In Water. Cooking vegetables in water significantly lowers the nutrient content because vitamins leech out. You wind up just pouring very nutritious cooking water down the drain.
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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!
Dubai firm pledges to transfer US ports A semi-truck carrying cargo enters the Port of Seattle February 24, 2006. The White House warned on Thursday that rebellious House of Representatives Republicans could jeopardize funding for Iraq, Afghanistan and hurricane rebuilding if they attach a bid to stop the Dubai ports deal to emergency spending legislation. REUTERS/Robert Sorbo
2:21 pm PT Market Wrap : Momentum from yesterday's late-day rally carried forth into today's session, but it did not last. Investors grappled with an array of items, and sellers eventually dominated. Leadership lacked, and each of the indices registered losses.
2:07 pm PT Pitney Bowes updates status of proposed spin-off (PBI) 41.67 +0.13 : Co updated the status of its proposed spin-off of its Capital Services external financing business based on recent communication initiated by the co with the staff of the S.E.C.� The S.E.C staff indicated that the co would need to include three years of historical audited financial statements for the legal entity holding the assets of the Capital Services external financing business rather than for the Capital Services business alone. Fulfillment of this requirement could extend the timeframe for completion of the spin into 2007. As a result, consistent with its previously stated desire to exit the Capital Services business in a way that maximizes shareholder value, the co is assessing a broader range of asset and business disposition options, including a spin-off, a sale of the business, or a sale of all or a portion of the assets. Several factors, including improved economic conditions, make this range of options more attractive now than when the co first announced its intention to look at options for exiting this business in January 2003. The co also announced that it has signed a definitive agreement to sell its Imagistics International lease portfolio for approx $280-$290 mln to De Lage Landen Operational Services.
2:01 pm PT Actel reaffirms Q1 rev guidance of up 2-5% sequentially (ACTL) : Co reaffirmed its other operating metric guidance, but said it expects to record a tax benefit of approximately $0.1-$0.3 mln in the qtr, vs�previous guidance�of a charge of $1.0-1.2 mln.
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