4:20 pm : The market closed modestly lower as mixed economic and earnings data left investors waiting for tomorrow's CPI report to set a more definitive tone to trading.
With the market very concerned about any signs of inflation, a smaller than expected increase in prices at the wholesale level helped alleviate some worries of more rate hikes taking steam out of the economy and slowing the pace of earnings growth. The Labor Dept. showed that producer prices outside of energy remain under control, as the core PPI rose just 0.1% for a second straight month to leave the
Take Your Heart for a Walk Wondering if your walking routine is robust enough to really help your heart? Wonder no more.
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General Health Tip
In Praise of Avocados. If you like avocados but avoid them because they're "fattening," take heart. Avocados' fat isn't the artery-clogging kind. Put 2-3 thin slices on salads and sandwiches to add flavor, and give your heart a healthy dose of monounsaturated fat and vitamin E.
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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?
Pentagon Releases 9/11 Security Video A video image made available by the Pentagon, Tuesday, May 16, 2006, shows an explosion after American Airlines Flight 77 crashed into the Pentagon in the Sept. 11, 2001 terrorist attacks. The images, recorded by a Pentagon security camera, were released in response to a Freedom of Information Act request by Judicial Watch, a public interest group. Some still images from the video had previously been leaked and publicly circulated, but this is the first time the government has officially released the imagery. (AP Photo/Pentagon)
2:51 pm PT Albany Intl Announces Approval of 10b5-1 Plan (AIN) 40.80 +0.42 : Co announced�that it has adopted a written trading plan under Rule 10b5-1 of the SEC to facilitate the repurchase of its common stock pursuant to the Company's previously announced share repurchase authorization. A broker or brokers selected by the Company will have the authority under terms and limitations specified in the plan to repurchase shares on behalf of the Company, up to the 758,720 shares remaining under the existing repurchase authorization.�
2:35 pm PT Principal Fincl announces $500 mln stock buyback (PFG) 53.21 -0.24 : �
2:33 pm PT Stewart & Stevenson Secures Contract for the Fourth Program Year of the Family of Medium Tactical Vehicles (SVC) 36.79 +0.04 : Co announced�that Stewart & Stevenson Tactical Vehicle Systems has recently received contract modifications valued at ~$625 million. These modifications call up an incremental 1,800 trucks and 1,077 trailers in base contract quantities and 2,484 trucks in option quantities for the fourth program year of the current Family of Medium Tactical Vehicle (FMTV) production contract which began April 17, 2003 and includes the sustaining support element. The value and quantities of these contract modifications are consistent with the Company's prior expectations. In-hand orders for future deliveries of vehicles and service now exceed $1.4 billion.
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