4:20 pm : Stocks closed mixed as uncertainty regarding monetary policy acted as an overhang on the market throughout most of the session; that is, until a sense that stocks may be oversold on a short-term basis renewed enthusiasm for blue chips in the last hour of trading.
With the Fed saying last week that further rate hikes will depend on "incoming data," and key inflation reports (e.g. PPI and CPI) hitting the wires over the next two days, the realization that market valuations now have to be priced for at least another 1/4% increase in yields across the board prompted
Grab-and-Go Breakfast. The key to any healthy grab-and-go meal is a balance of protein, fat and carbs. For a quick and easy breakfast, stuff half a whole-wheat pita with cottage cheese and sliced peaches or pears.
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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?
Bush to put National Guards on Mexico border An anti immigration rights supporter is seen through a U.S. flag during a rally in Washington, May 12, 2006. U.S. President George W. Bush and many members of the Republican-led U.S. Congress are divided over how to address the issue of up to 12 million illegal immigrants working in the United States, with conservatives pressing for tougher border security. (Jim Young/Reuters)
2:06 pm PT Market Wrap : Stocks closed mixed as uncertainty regarding monetary policy acted as an overhang on the market throughout most of the session; that is, until a sense that stocks may be oversold on a short-term basis renewed enthusiasm for blue chips in the last hour of trading.
2:04 pm PT Parker-Hannifin acquires CR's Resistoflex Aerospace Business; terms of the deal not disclosed (PH) 82.20 0.00 : �
2:03 pm PT Canyon Resources Corp. Completes Phase 1 Drilling and Confirms High Grade Structures at Briggs (CAU) 1.04 -0.16 : Co announces completion this week of its Phase I reverse circulation development drilling program at its Briggs Mine in Inyo County, California. A total of 61 holes totaling 21,232 feet have been drilled in this program. Program results confirm the discovery of a new zone of high-grade, structurally controlled, gold mineralized material adjacent to the Gold- tooth fault, a major structure associated with the previously mined gold ore bodies at Briggs, which produced more than 550,000 ounces of gold.��Previous drill holes in the same area were generally confined to shallow depths. Although they encountered the Goldtooth fault, these previous holes only intercepted thin, economically uninteresting gold mineralization from what is now believed to be the leached top of the Goldtooth fault. "This is a strong indicator that significant mineral potential remains at Briggs. A new estimate of mineralized material at Briggs is currently underway and should be completed in June 2006. We anticipate the completion of a new open pit mine plan and reserve estimate by the end of August 2006".
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