4:20 pm : Stocks tumbled Wednesday as renewed uncertainty about Fed policy, ongoing geopolitical concerns and record high oil prices prompted investors to lock in profits.
Amid an already cautious tone tied to Iran's nuclear ambitions, several missile tests from North Korea added even more tension to global equity markets and provided the initial excuse to consolidate recent gains. Concerns that oil supplies to Asia could be disrupted as a result, coupled with a forecast for $80 oil before January 1 from famed oil trader T. Boone Pickens and concerns about a potential
Something to Relish Three foods your arteries can't get enough of: onions, celery, and parsley.
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General Health Tip
Restaurant "Value" Is No Bargain. Big restaurant portions typically shatter any healthy limit for fat and calories at a single sitting. Don't feel you're wasting your money if you can't eat it all -- eat half, wrap up the rest, take it home, and make it a second meal later.
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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?
eDiets' Tip of the Day
Spinning or indoor cycling is a great way to burn calories and increase muscle strength while improving your cardiovascular health More...
N. Korea confirms test-launch of missiles North Korean leader Kim Jong Il is seen in this framegrab taken from Chinese television on January 18, 2006. The North stepped up its rhetoric with the United States on Monday. State-run media reported that the country would respond to any pre-emptive U.S. military attack with an "annihilating strike and a nuclear war." (AP Photo/Kyodo News, File)
3:20 pm PT Expands Coverage of CN2 Network; Cisco Routers Deployed to Enhance Network Potential and Business Opportunities (CSCO) 19.60 -0.40 : Co announced that China Telecom is expanding its business network, CN2, over the Cisco Internet Protocol Next-Generation Network architecture. The deployment of Cisco 12416 Routers will broaden the network coverage of CN2 and increase its capacity, redundancy and performance. With this deployment, Cisco equipment is being used for the vast majority of the CN2 project.
3:14 pm PT CNBC Guests of Interest for Tomorrow, July 6 : Guests of interest include: Squawk Box 6:00 AM - 9:00 AM ET: John Challenger Challenger, Gray & Christmas CEO...� Squawk on the Street 9:00 - 10:00 AM ET: Peter Darbee PG&E President & CEO...� Street Signs 2:00 PM - 3:00 PM ET: Roy Krause Spherion CEO... �Closing Bell 3:00-5:00 PM ET: Robert Nardelli Home Depot Chairman & CEO.
2:53 pm PT Hub Intl Acquires AssurConseil; Expands Trucking Expertise in Quebec (HBG) 26.23 -0.19 : Co announced today the acquisition of AssurConseil, S.E.N.C., a Montreal-based insurance broker with both general lines and trucking expertise. The 39-employee organization will add approximately CDN$5.5 mln(US$4.9 mln) to Hub International's revenue base and will become part of Hub International Quebec Limitee (HUB Quebec). Terms of the transaction were not disclosed.
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