4:20 pm : During a day which showed little promise early on in the way of extending a relief rally in stocks fueled by bonds a day earlier, investors on Wednesday seemed to disregard the renewed bearish tone in Treasuries altogether; that is, after the Fed's Beige Book provided just enough of an impetus to push the major averages through key technical levels. Eight out of ten economic sectors closed to the upside as follow-through buying efforts lifted the S&P 500 above 1,300 for the first time since May 2001.
Stocks opened with little fanfare and traded in a very narrow
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General Health Tip
A 30-lb. Bagel? Instead of a bagel with regular cream cheese in the morning, try a whole-wheat English muffin with a slice of low-fat cheese or peanut butter and save 300 calories. Do this every day for a year, and you can drop up to 30 pounds!
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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!
First Declassified Iraq Documents Released President Bush sits with Hungarian born Rep. Tom Lantos, D- Calif., left, before making remarks at a celebration of Hungarian contributions to democracy at the US Capitol on Wednesday, March 15, 2006 in Washington. (AP Photo/Evan Vucci)
10:58 pm PT On The Wires : World Air Holdings (WLDA) announces that it has filed with the SEC a Form 12b-25, notifying the SEC that it will delay filing its Annual Report on Form 10-K for the year ended Dec. 31, 2005. The filing is due on March 16, 2006... Synagro Technologies (SYGR) announces�that it will file Form 12b-25 with the�SEC to extend the filing of the�co's 2005 Form 10-K for up to an additional fifteen calendar days.
10:56 pm PT America Service Group reports findings of internal investigation into pharmacy subsidiary (ASGRE) 19.60 : Co reports the results of an internal investigation by the Audit Committee of the Board of Directors into certain matters related to the co's pharmacy subsidiary, Secure Pharmacy Plus, resulting in their decision to restate previously filed financial statements for the years ended December 31, 2001 through December 31, 2004 and for the first six months of 2005. The restatement will reduce previously reported net income for these periods by $2.1 mln in the aggregate, as reflected in the Effects of Restatement schedule attached as well as reduce previously reported retained earnings as of January 1, 2001 by $347,000.
10:49 pm PT Nalco Holding announces secondary offering (NLC) 18.34 : Co announces�that The Blackstone Group, Apollo Management, L.P. and GS Capital Partners have sold 15.0 mln�of the�co's common shares in a transaction underwritten by Citigroup. This sale of previously unregistered shares represents approx 10.5% of the current shares outstanding.