4:20 pm : Stocks regained some momentum late in Wednesday's trading, as oversold conditions beckoned for a bounce while easing geopolitical concerns and some portfolio rebalancing helped improve sentiment ahead of another widely anticipated Fed rate hike. The indices closed near session highs.
On the heels of a session in which the Dow logged its worst single-day percentage loss in more than three weeks, and a 1.6% sell-off on the Nasdaq that left the tech-laden index down 4.8% for the year, a sense that losses may have been excessive, especially given the lack of
The Good Egg Here's some welcome news for breakfast lovers: Eggs may help reduce your weight.
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General Health Tip
Soup's On! Broth-based soups are a great way to fill up with few calories. Research shows that when you start a meal with a broth-based soup, especially one swimming with vegetables, you'll likely consume about 100 fewer calories at that meal.
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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?
Israel finds body of missing settler: source Eliyahu Asheri, an 18-year-old Jewish settler from the West Bank settlement of Itamar, is seen in this undated photo released by his family on June 28, 2006. ISRAEL OUT NO SALES NO ARCHIVES (Handout/Reuters)
3:46 pm PT Metrologic Inst Wins Judgment Against Symbol Technologies (MTLG) 14.95 +0.02 : Co announced that the Honorable Harold A. Ackerman, United States District Judge for the District of New Jersey, has granted its motion for summary judgment against Symbol Technologies in a contract action for unpaid royalties. Metrologic calculates its damages for royalties and interest as of June 30, 2006 to be in excess of $2.6 mln.
3:42 pm PT CNBC Guests of Interest for Tomorrow, June 29 : Guests of interest include: Squawk Box 6:00 AM - 9:00 AM ET: Harvey Pitt Kalorama Partners Former SEC Chairman... �Squawk on the Street 9:00 AM -- 10:00 AM ET: Robert Miller Aventine Renewable Energy Holdings President & CEO...� Morning Call 10:00 AM -- 12:00 PM ET: Jeff Potter Frontier Airlines CEO...� Power Lunch 12:00 PM -- 2:00 pm ET: Michelle Bernard Independent Women's Forum President & CEO; Lawrence Kellner Continental Airlines Chmn & CEO...� Closing Bell 3:00 PM - 5:00 PM ET: Lyle Gramley Former Federal Reserve Governor; John Jacobs NASDAQ GLOBAL FUNDS CEO.
3:37 pm PT Computer Sciences Signs $146 Mln Contract Extension With AMP (CSC) 55.31 +0.69 : Co announced that leading wealth management company AMP Limited (ASX: AMP) has extended its relationship with CSC. The new four-year, $146 mln (AUD$200 mln) contract extends the two companies' original engagement, which started in 1993, making it one of the longest running information technology strategic outsourcing relationships in Australia. Under the new agreement, CSC will continue to provide desktop, network and mainframe maintenance and support, and selected mid-range services.