4:20 pm : Stocks struggled to get any traction all day as last week's impressive rally prompted some modest profit-taking that carried into the close of trading for the month of July.
With August earmarked as the worst month for the S&P 500 over the last 15 years, according to The Stock Traders Almanac, buyers weren't exactly jumping at the chance to extend recent gains ahead of such historically seasonal weakness, especially following last week's average gains for the major indices of 3.3%.
Also, heading into what is expected to be a busy week of economic reports
K is for Kole Slaw For lunch this week, shred a cool slaw to keep your fingers snapping.
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General Health Tip
Berry Good! All types of berries (strawberries, blueberries, cranberries, blackberries) are low in calories and rich in disease- fighting nutrients. For a quick health kick, add berries to yogurt, cereal, sorbet and smoothies.
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KATHY GRIFFIN DELAYED HER DIVORCE FOR SAKE OF SHOW
In a shocking public announcement, Kathy Griffin claimed that ex-hubby Matthew Moline robbed her of $72,000 — but she failed to mention that she held the marriage together for the sake of her TV show. During a recent interview with CNN's Larry King, the 44-year-old comedienne claimed that Moline, 35, stole cash from her during their five-year marriage. "My husband, without my knowledge, was sneaking into my wallet when I was asleep in the mornings and taking my ATM cards from my private... •SEACREST GRILLS KATE BOSWORTH •BREAKING NEWS! EXCLUSIVE: COCAINE SECRET BEHIND CHRISTIE BRINKLEY DIVORCE
Star Magazine
JADA'S SEEN SURI!
Jada Pinkett-Smith is hopping on the Suri sighting train. King of Queens star Leah Remini fessed up to seeing Tom and Katie's baby earlier this month and now Jada says she's seen the baby twice. "She's one of the sweetest babies I've ever met in my life," Pinkett Smith told People magazine. "She's an absolute beauty and she's Daddy's little girl." She went on to say that, "She's beautiful and they're very happy and they need to be left alone. She's the cutest little baby. She's got a head full... •KATHARINE MCPHEE: NO LONGER IDLE •LITTLE MISS SUNSHINE
Israel fights in south Lebanon A Lebanese woman and her daughter walk in rubble as they flee the battered village of Bent Jbeil in southern Lebanon July 31, 2006. (Ali Hashiso/Reuters)
4:19 pm PT Glacier Bancorp Announces Common Stock Offering (GBCI) 30.64 -0.36 : Co announced the proposed offering of 900,000 shares of common stock by the Co through a firm commitment underwritten public offering. The Co also intends to grant the underwriter a 30-day option to purchase up to an additional 100,000 shares to cover over-allotments, if any.
4:18 pm PT NCO Group beats by $0.06 (NCOG) 26.45 +0.01 : Reports Q2 (Jun) earnings of $0.35 per share, excluding non-recurring items, $0.06 better than the Reuters Estimates consensus of $0.29; revenues rose 17.4% year/year to $296.2 mln vs the $309.7 mln consensus.
3:47 pm PT EastGroup reports Q2 in-line; provides Q3 and FY06 guidance in-line (EGP) 47.03 -0.41 : Reports Q2 (Jun) FFO of $0.69 per share, in-line with the Reuters Estimates consensus of $0.69; revenues rose 8.9% year/year to $33.2 mln vs the $30.5 mln consensus. Co issues in-line guidance for Q3, sees�FFO of $0.69-0.71 vs. $0.71 consensus. Co issues in-line FY06 FFO�guidance�of $2.77-2.83, vs. cojnsensus of $2.83.
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