4:20 pm : The broader market opened with little fanfare and closed in much the same fashion, as investors weighed what should be a reasonably good Q1 reporting season against surging bond yields and rising oil prices, while the Nasdaq extended its year-to-date gain to more than 5.0%. Nevertheless, our market view remains Neutral since it will be difficult for stocks to make much headway given the negative psychological impact of 10-yr note yields above 5.00% for the first time in nearly four years and crude futures approaching $70 per barrel.
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General Health Tip
Try a High-Fiber Cereal for Weight Loss. Refined corn or rice cereals may be low in calories, but they're also rapidly digested, absorbed and assimilated, leaving you likely to prowl around for pre-lunch snacks. A whole-grain cereal is a better choice, because it leaves you feeling less hungry.
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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?
Moussaoui says wants more 9/11s September 11 conspirator Zacarias Moussaoui is seen in an undated booking photo released by the U.S. District Court in Alexandria, Virginia. Moussaoui on Thursday told a jury deliberating the death penalty that he had been badly represented by his court-appointed lawyers. (U.S. District Court/Handout/Reuters)
3:38 pm PT Votorantim Celulose beats by $0.10 (VCP) 15.28 -0.07 : Reports Q1 (Mar) earnings of $0.48 per share, $0.10 better than the Reuters Estimates consensus of $0.38; revenues rose 19.5% year/year to $300 mln vs the $300 mln consensus.
3:09 pm PT J. M. Smucker Company Announces Dividend Increase from $0.27 to $0.28 per share (SJM) : �
1:50 pm PT Market Wrap : The broader market opened with little fanfare and closed in much the same fashion, as investors weighed what should be a reasonably good Q1 reporting season against surging bond yields and rising oil prices. The Nasdaq, though, extended its year-to-date gain to more than 5.0%.