4:20 pm : Per usual, the market was again unable to sustain a convincing advance, as growing interest rate concerns and a mixed batch of earnings data prevented investors from taking full advantage of plummeting prices across the energy complex.
The yield on the 10-yr note (-08/32) climbed back toward four-year highs near 5.14% after more strong economic data raised concerns that Fed tightening has further to go than expected. About 30 minutes after the opening bell sounded, a report showed that the ISM services index jumped to 63.0 -- the highest level since August 2005, as
Good Reason to Go Overboard You know how tempting all those luscious fruits and berries are at your local farmers' market? Go ahead, buy too much. It could save you from brain damage.
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General Health Tip
Pantry Detox! If certain high-calorie foods lurking in your pantry keep throwing you off track when trying to lose weight, show no mercy: Throw them 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?
Bomb explodes near Baghdad court, 25 wounded An Iraqi soldier stands guard outside the Iraqi Army ground forces headquarters in Baghdad, May 3, 2006. (Thaier al-Sudani/Reuters)
3:03 pm PT Virage Logic: Announces Resignation of CFO -- Chairman Dan McCranie to Serve as Interim CFO (VIRL) : ...
3:03 pm PT Gol Intelligent Airlines announces April traffic data (GOL) 36.81 -0.03 : Co�releases preliminary passenger statistics for�April. System-wide passenger traffic�increased 56%, while capacity increased 50% yoy. GOL's system load factor for�April was 78%. Domestic passenger traffic�for April increased 52%, and capacity increased 46%.
3:03 pm PT Sunoco reports Q1 results (SUN) 82.02 -1.55 : Reports Q1 (Mar) earnings of $0.59 per share, $0.23 worse than the Reuters Estimates consensus of $0.82; revenues rose 19.2% year/year to $8.59 bln vs the $4.44 bln consensus (2 analysts on coverage). "First-quarter earnings were impacted by a high level of refinery maintenance and rising crude oil prices during the quarter,"