4:20 pm : Two factors to which the stock market turned a blind eye yesterday came back into focus today. A re-acknowledgement of rising yields and rising energy prices gave buyers reasons to break this morning. As Treasuries came under increased pressure and crude hurdled $67 per barrel, investors began to sell. By the close of trade, each of the indices had recovered from their lows. Still, a lack of leadership left the Dow and Nasdaq with losses.
Due to conflicting views over the Fed's tightening cycle, action within the stock and bond markets had been divergent over the
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NATALEE'S UNCLE SAYS 'RE-ARREST DEEPAK!'
Natalee Holloway's uncle is demanding that suspect Deepak Kalpoe be re-arrested in the 10-month-old mystery of the pretty blonde honor student who disappeared in Aruba. Deepak, his brother Satish and Joran van der Sloot were with the Alabama teen, pictured center, when she was last seen leaving a bar on the island in the early hours of May 30. Her uncle Paul Reynolds told The National Enquirer that he believes Deepak, 21, should be the chief suspect instead of van der Sloot, 18. Reynolds also... •STAR JONES CHEATS DEATH AS SHE UNDERGOES PLASTIC SURGERY •A WILD NIGHT OUT FOR JESSE & HIS PARTY PAL LINDSAY
Star Magazine
KATIE HOLMES: FEARING FOR HER TOMKITTEN
Katie Holmes was already worried about the upcoming birth of her baby. According to the tenets of 43-year-old fiancé Tom Cruise's religion, Scientology, she'll have to be silent (not even a moan!) during the delivery, lest the trauma be imprinted in her baby's brain. Plus, a source says, "Only Tom and a few Scientology supporters will be in the room — not Katie's mother!" And Scientology advocates separating the baby from its mother for at least the first 24 hours after birth. Now... •IT'S OVER! KRISTIN CHEATS ON NICK WITH HER EX! •ANGELINA PILOTING HER PLANE AT 7 1/2 MONTHS: IS SHE CRAZY?
At least 57 dead as Bahrain tourist ship sinks A video image taken from Bahrain TV shows rescue personnel at the site where a passenger boat sank in Bahrain, March 30, 2006. (Bahrain TV/Reuters)
10:55 pm PT On The Wires : ECC Capital (ECR) announces its intention to file a notification with the SEC on Form 12b-25... First Regional Bancorp (FRGB) announces that it raised $30 mln of new capital pursuant to "trust preferred" transactions involving a newly formed, wholly owned, statutory business trust.
10:50 pm PT Chiron statement on recommendations by proxy advisory services (CHIR) 45.74 : Co notes�that two proxy advisory services have reached opposite conclusions regarding their voting recommendations to Chiron shareholders in connection with the proposed acquisition of Chiron by Novartis AG (NVS). A special meeting of Chiron shareholders will be held on April 12, 2006, to vote on the acquisition.
10:48 pm PT Epicept announces publication of Phase III Ceplene study results for Acute Myeloid Leukemia (EPCT) 3.31 : Co announces that the results from a randomized, multi-center Phase III clinical study of 320 patients with Advanced Myeloid Leukemia in which Ceplene, the co's lead oncology compound for the treatment of AML, met its primary endpoint of increased leukemia-free survival among AML patients in remission, were published online in Blood, a scientific journal in hematology on March, 24, 2006.
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