4:30 pm : In what was a very volatile day of trading, and shaping up to be another broad-based decline amid growing concerns of more rate hikes leading to a global economic slowdown, actually ended in mixed fashion.
The Dow, which was down as many as many as 173 points (-1.6%) and 8.1% off its May 10th high early in the day, snapped a four-day losing streak by inching into the green as the closing bell sounded. Even though blue chip gains were modest at best, the idea that ongoing consolidation may be overdone left investors revisiting the possibility that Tuesday's
Don't Cook Veggies In Water. Cooking vegetables in water significantly lowers the nutrient content because vitamins leech out. You wind up just pouring very nutritious cooking water down the drain.
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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?
U.S. shows photos of battered al-Zarqawi A U.S. soldier at a press conference in Baghdad, Iraq, places in view of the media a photo purporting to show the body of Abu Musab al-Zarqawi, the al-Qaida-linked militant who led a bloody campaign of suicide bombings, kidnappings and hostage beheadings in Iraq, who was killed Wednesday in a U.S. airstrike, Iraq's Prime Minister Nouri al-Maliki announced Thursday, June 8, 2006. (AP Photo/Khalid Mohammed)
3:07 pm PT CNBC Guests of Interest for Tomorrow, June 9 : Guests of interest include: Squawk Box 6:00 AM - 9:00 AM ET: Joseph Plumeri Willis Group Holdings Chairman & CEO; Scott Gottleib Food and Drug Administration... Squawk on the Street 9:00 - 10:00 AM: Sandy Rufenacht Aquila Three Peaks High Income Fund CEO, CIO & Portfolio Manager...� Morning Call 10:00 AM - 12:00 PM ET: Craig Miller Ruth's Chris Steak House CEO... Street Signs 2:00 PM -- 3:00 PM ET: Paul R.T. Johnson Boston Cabot, LLC CEO; Grant Cardone Freedom Motorsports Group, Inc. CEO & Owner.
2:37 pm PT Michaels Stores Files Rule 12b-25 Filing (MIK) 38.71 +0.06 : Co�filed a Rule 12b-25 filing related to its April 29, 2006 Form 10-Q filing. Based on recent media reports regarding historical stock option practices at other publicly traded companies, the Company's Audit Committee has initiated an internal review on a proactive basis into the Company's historical stock option grant practices. The Audit Committee's internal review is being conducted with the assistance of independent legal counsel and outside accounting experts. The Audit Committee has not reached any final conclusions as the internal review is not complete and is continuing.
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