4:20 pm : Stocks took a breather Monday as last week's broad-based rally created a sense that the market may be overbought on a short-term basis offset some much needed relief in the form of plummeting oil prices and a decline in borrowing costs.
Before the bell, Caterpillar (CAT 77.58 -0.29) handily topped analysts' forecasts and boosted its FY06 outlook, lending some credence behind an eleventh straight quarter of double-digit growth for the S&P 500 and underscoring�our Overweight rating on Industrials. Also kicking off the busiest week of earnings in which
Get Juiced If you don't touch the hard stuff but would love some of the highly touted health benefits attributed to red wine, pour yourself a glass of grape juice instead.
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General Health Tip
Bananas vs. High Blood Pressure. Boosting your potassium intake, as well as your calcium, while limiting the amount of processed food you eat goes a long way in regulating high blood pressure. Bananas, beans, tofu and potatoes are all rich sources of potassium.
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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 23 at Egyptian resort A man clears a baby stroller out of the rubble, left from the bombing, in the Red Sea resort of Dahab April 25, 2006 . (Tara Todras-Whitehill/Reuters)
3:04 pm PT Brown & Brown reports in line, revs slightly light (BRO) 34.56 -0.67 : Reports Q1 (Mar) earnings of $0.36 per share, in line with the Reuters Estimates consensus of $0.36; revenues rose 13.9% year/year to $230.6 mln vs the $233.4 mln consensus.
2:18 pm PT Cephalon: FDA has extended the action date for its review of the Supplemental New Drug Application for Sparlon (CEPH) 66.21 : Co announced today that the United States Food and Drug Administration has extended the action date for its review of the Supplemental New Drug Application for SPARLON Tablets for the treatment of attention-deficit/hyperactivity disorder in children and adolescents to August 22, 2006. On April 18, 2006, the company announced that it had submitted new information to the FDA related to a suspected case of Stevens-Johnson syndrome, a rare but serious skin rash condition, in one child participating in a Phase 3 clinical trial. This information reflects discussions with the treating physicians, consultation with leading dermatology experts and informal discussions with the FDA. The company formally submitted this new information to the FDA in support of its position that this case is not, in fact, SJS.
2:18 pm PT Market Wrap : Stocks took a breather Monday as last week's broad-based rally created a sense that the market may be overbought on a short-term basis.
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