4:20 pm : Not surprisingly, Friday's equity trade was dictated by the March employment report. More specifically, it was the Treasury market's reaction to it that set the stage for stocks.
Equity investors responded well to the data. On the surface, particularly in terms of the hourly earnings and non-farm payrolls figures, the data appeared better than expected and reflective of strong economic growth amid contained inflationary pressures. As we had stressed, the hourly earnings component was of particular significance. Given the mounting concerns over rising resource
Hear and Now The way you view aging may affect how well you age.
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General Health Tip
Retire Your Toothbrush. Change your toothbrush at least once a month, or right after a cold, flu or other illness. Germs can live on a damp toothbrush for days; when you're sick, a damp toothbrush may reinfect you. Use two toothbrushes alternately to give each one a chance to completely dry out.
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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?
Bombers kill 71 at Shi'ite mosque A sandal and prayer beads lie in a pool of blood outside a mosque after a suicide bombing in central Baghdad April 7, 2006. (Ceerwan Aziz/Reuters)
1:32 pm PT Bioject Medical going concern opinion (BJCT) 1.66 +0.01 : Co announces that its independent registered public accounting firm's report on its financial statements for the fiscal year ended Dec 31, 2005 includes an explanatory paragraph regarding the co's ability to continue as a going concern. The co has suffered recurring losses, has had significant recurring negative cash flows from operations and has an accumulated deficit that raises substantial doubt about its ability to continue as a going concern.
1:31 pm PT Borland Receives Nasdaq Delisting Notice Due To Delayed Form 10-K (BORL) 5.16 : Co announced that on April 3, 2006 it received a notice from the staff of The Nasdaq Stock Market stating that�co is not in compliance with Marketplace Rule 4310(c)(14) because it has not timely filed its Annual Report on Form 10-K for the year ended December 31, 2005.�Co intends to request a hearing before a Nasdaq Listing Qualifications Panel to appeal the Nasdaq staff's determination. The hearing request will automatically stay the delisting of Borland's common stock pending the Panel's decision. There can be no assurance, however, that the Panel will grant Borland's request or that Borland's common stock will not be delisted.
1:31 pm PT Houston Expl announces agreement to sell Louisiana Offshore assets (THX) 53.50 -0.37 : Co announces it has entered into an agreement to sell substantially all of the Louisiana portion of its Gulf of Mexico assets to a private investor for a purchase price of $590 mln in cash, subject to customary closing conditions and adjustments. The co expects to update its full-year 2006 guidance on May 4, 2006, in conjunction with its�Q1 2006 earnings release.