4:20 pm : The market managed to sustain gains - albeit modest ones - on Friday. For the S&P 500, it was the sixth consecutive advance. Investors have a growing sense that the end of the current monetary tightening cycle is nearing, and the market's recent performance reflects an improvement in underlying sentiment. However, inflation remains steady, and growth prospects haven't changed. Economic data will dictate Fed policy, and today's strong reading on industrial production spoke to that point. It appears that the market has begun to look past the current round of rate hikes
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10 Minutes Before "Seconds." Feeling like getting a second helping of food? Hold back for 10 minutes before you make your move. It takes at least that long for your brain to get the message that your stomach is full.
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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 Adviser Says Iran Bluffing on Iraq National Security Adviser Stephen Hadley is pictured in the Roosevelt Room of the White House Friday, March 17, 2006. In the first major foreign policy review since 2002, President Bush said Thursday that Iran may pose the greatest challenge to the United States. He criticized China and Russia for political repression and underscored his administration's strike-first policy against terrorists and other enemies. (AP Photo/Charles Dharapak)
1:06 pm PT SafeNet announces it files Form 10-K on schedule with no material changes (SFNT) 24.76 : Co announced that it filed its Annual Report on Form 10-K for Fiscal Year 2005 yesterday with no further material changes to reported financial results for 2005 from those previously disclosed.
12:49 pm PT ViroPharma drops aggressively lower headed into the close...nears the 10.00 mark (VPHM) 10.45 -5.79 : �
12:42 pm PT Digital Recorders announces new loan agreement in place; CEO says new convertible preferred stock private placement in the works (TBUS) 1.43 +0.15 : Co announces it entered into a loan agreement with Laurus on March 16, 2006, thus replacing its former lender, LaSalle Business Credit. The new $6 mln, two-year working capital facility has no financial covenants, and borrowing availability is based upon accounts receivable and inventory. The interest rate is WSJ Prime plus 1.75% subject to an 8% floor. According to Mr. Turney, the co also is in final stages of closing a $500,000 convertible preferred stock private placement with an industry knowledgeable private investor. This placement is convertible into shares of the co's common stock at a price of $1.60 per share, has additional warrants for 93,750 shares similarly priced and exercisable for five years, and carries a 6% annual dividend payable quarterly in cash or in kind.
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Bush Adviser Says Iran Bluffing on Iraq
