4:20 pm : Stocks took a breather Thursday as the focus on corporate profits that fueled a broad-based relief rally a day earlier shifted back to the more deeply-rooted worries that continue to underscore our Neutral market view -- rising interest rates and slowing economic growth. With investors continuously grappling between the two, economic data highlighting�both concerns played havoc with investors' beliefs that a bottom was in place, questioning the sustainability of Wednesday's sharp advance.
Before the bell, jobless claims rose more than expected to 308,000
In the Blink of an Eye You've been staring at your computer screen for hours. Now your eyes are as dry as sandpaper. Coincidence?
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General Health Tip
Drink Up! By the time you're conscious of feeling thirsty, your body is already dehydrated. It's essential to drink adequate fluids -- at least 6 cups of water every day.
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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?
FBI arrests seven in terrorism plot: source The warehouse building where FBI agents and local law enforcement conducted a raid in Liberty City, Florida and made several terror-related arrests as part of what U.S. officials called a significant terror-related investigation on June 22, 2006. (Jason Arnold/Reuters)
7:35 pm PT bebe stores sr mgmt adopts rule 10b5-1 plan (BEBE) 15.17 : Co announces that Linda Vilaikeo, Sr VP of Planning, and Susan Peterson, VP of Design, have each adopted a pre-arranged stock trading plan to sell a portion of their BEBE stock. Under Ms. Vilaikeo's Rule 10b5-1 Plan, stock options may be exercised for up to approximately 210k shares and such shares may be sold for her account over a period of approximately�12 months. Shares are exercisable under Ms. Vilaikeo's stock options only in accordance with their vesting requirements. Under Ms. Peterson's Rule 10b5-1 Plan, stock options may be exercised for up to approximately 155k shares and such shares may be sold for her account over a period of approximately 12 months. Shares are exercisable under Ms. Peterson's stock options only in accordance with their vesting requirements.
7:29 pm PT Inergy prices 3.75 mln share offering at $24.90/share (NRGY) 24.90 : �
7:28 pm PT TransMontaigne enters into agreement and plan of merger with Morgan Stanley Capital Group (TMG) 11.14 : Co announces it has entered into a definitive merger agreement with Morgan Stanley Capital Group, pursuant to which all the issued and outstanding shares of common stock of TMG, including TMG's outstanding Series B Convertible Preferred Stock, on an as-converted basis, will be exchanged for $11.35 per share in cash. The merger has been approved by TMG's Board of Directors. Upon completion of the merger, TMG's common stock will no longer be traded on the NYSE. Prior to entering into the definitive agreement with Morgan Stanley, TMG terminated the merger agreement it previously entered into with SemGroup, and its affiliates, in accordance with its terms.
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