4:20 pm : Stocks lost ground across the board Tuesday as renewed geopolitical concerns and rising oil prices overshadowed a banner start for the Q1 reporting season.
The market opened slightly higher as the absence of potentially upsetting economic data placed even more emphasis on a better than expected earnings report from Alcoa (AA 34.12 +1.29) lending credence to a widely expected 11th straight quarter of double-digit profit growth. Rohm & Hass (ROH 49.60 +0.55) raising its Q1 outlook and Nokia (NOK 21.20 +0.80) saying that the average selling price of its handsets in
Skip the Butter. Cooking with canola or olive oil may reduce heart disease risk. Just remember that even these "good" fats are loaded with calories, so use them in moderation.
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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?
Iran in nuclear technology step Iranian President Mahmoud Ahmadinejad announces Iran's successful production of enriched uranium during a ceremony in Mashad, 924 km (574 miles) east of Tehran, April 11, 2006. (Stringer/Reuters)
2:21 pm PT Legg Mason to replace GDT in S&P 500 (LM) : S&P MidCap 400 constituent Legg Mason (LM) will replace Guidant Corp. (GDT) in the S&P 500. GDT is being acquired by S&P 500 constituent Boston Scientific (BSX) in a deal that is pending final approval. S&P SmallCap 600 constituent Oshkosh Truck Corp. (OSK) will replace Legg Mason in the S&P MidCap 400, and Skechers USA (SKX) will replace Oshkosh Truck in the S&P SmallCap 600.
2:02 pm PT Market Wrap : Stocks lost ground across the board Tuesday as renewed geopolitical concerns and rising oil prices overshadowed a banner start for the Q1 reporting season.�