4:20 pm : During what is becoming quite a regular theme for equities, global concerns about inflation, a slowing economy, and the Fed going too far with its rate hikes, especially heading into Wednesday's influential CPI report, continued to haunt the stock market. The indices' inability to find support near key technical levels also pushed the Dow and Russell 2000 into the red for the year and the Nasdaq lower for an eighth straight day. Above average volume, as nearly 2.0 bln shares were traded on the NYSE, lent even more conviction behind today's broad-based decline
Bagels: The "Hole" Truth. One bagel-shop bagel with regular cream cheese has the same amount of calories as three donuts. To save empty calories in the morning, eat only half a bagel and use low-fat cream cheese.
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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?
Indonesia cleric freed after terror jail term Indonesian Muslim cleric Abu Bakar Bashir waves to his supporters as he leaves Cipinang prison in Jakarta June 14, 2006. (Beawiharta/Reuters)
3:49 pm PT Mariner Energy Announces 9 Blocks From MMS Oil and Gas Lease Sale Have Been Awarded (ME) 14.85 -0.85 : Co announced today that it has been awarded nine blocks on which it was the high bidder at the March 15th Minerals Management Service�OCS Oil and Gas Lease Sale 198. The blocks awarded include the block on which Mariner made its highest bid and two blocks located in deepwater areas of the Gulf of Mexico (depths greater than 400 meters). Mariner's net cost exposure for the nine blocks is approximately $16.5 mln. Its bid on a tenth block on which it was also the high bidder was not awarded.
3:26 pm PT CNBC Guests of Interest for Tomorrow, June 14th : Guests of interest include: Squawk Box 6:00 AM - 9:00 AM ET: Charles Bugg BioCryst Chairman & CEO; Craig Joffe LCA-Vision CEO... Squawk on the Street 9:00 AM -- 10:00 AM ET: Don Endres VeraSun Chairman & CEO... Morning Call 10:00 AM -- 11:00 AM ET: Charles Carlson Horizon Investment Services CEO; Jim Jubak CNBC.com on MSN... Closing Bell 3:00 PM - 5:00 PM ET: Joe Moglia TD Ameritrade Holding Corp. CEO.
3:24 pm PT US Airways Reports Executive 10b5-1 Plans to Exercise Options and Sell Stock (LCC) 41.55 -2.70 : Co reported that several of the company's executive officers have previously adopted pre-arranged stock trading programs to facilitate the exercise of options and the sale of holdings in the company's stock. The company's securities trading policy permits the enactment of pre-determined plans for trades of specified amounts of company stock in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.