4:10 pm : The market languished in negative territory from bell to bell, bogged down by rate hike concerns that followed a stronger than expected Retail Sales report for July, a weak showing from the transportation and semiconductor stocks, and an underlying sense of anxiety ahead of the weekend due to the geopolitical unrest and next week's key inflation data.�
Buyers, for the most part, were absent throughout the session, although they did appear in the last half hour of trading to help pare larger losses�after a Reuters report indicated that the U.N. had
Shopping for Snacks. Check the Nutrition Facts panel and look for these numbers: Less than 200 calories, and no more than 3g of total fat, 1g of saturated fat, 400mg sodium per serving. Bonus challenge: Choose snacks with no hydrogenated oils in the ingredient list.
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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
Security Council OKs Mideast peace deal U.S. Secretary of State Condoleezza Rice, right, speaks with U.N. Deputy Secretary-General Mark Malloch Brown, left, at the United Nations, Friday Aug. 11, 2006 at the United Nations in New York. The resolution, drafted by the United States and France, offers the best chance yet for peace after more than four weeks of fighting that has killed more than 800 people, destroyed Lebanon's infrastructure and inflamed tensions across the Middle East. The 15-nation council adopted it unanimously. (AP Photo/Frank Franklin II)
2:57 pm PT Market Internals (MKTIN) : The Dow decreased 0.33% closing at 11088, the Nasdaq was�down 0.68% to finish at 2058, and the S&P was�down 0.40% to finish at 1267. Leading sectors included: home entertainment +2.9%, multi-line insurance +1.5%, motorcycle manu +1.4%, department stores +1.4%, general merchandise +1.1%. Lagging sectors included: steel -4.6%, real estate management --4.5%, airlines -3.7%, tires and rubber -3.4%, IT consulting and services --3.1%. Today's movement came from lower volume (NYSE 1323, vs. closing avg of 1668; Nasdaq 1468, vs. 1943), with decliners outpacing advancers (NYSE 2120/1148; Nasdaq 1979/975, and with new lows outpacing new highs (NYSE 92/53, Nasdaq 41/171).
2:46 pm PT j2 Global Announces Update Regarding Stock Option Grants (JCOM) 23.46 -0.58 : Co today announces j2 Global's Board of Directors decided that in addition to the internal review, it would establish a special committee of outside directors to perform an independent investigation to bring finality to this matter. As a result, the Co will delay the filing of its Form 10-Q for the quarter ended June 30, 2006 until the independent investigation is completed. This filing will not be made within the five-calendar day period contemplated by Rule 12b-25(b). Based on the Co's work on this matter to date, it continues to believe that any additional compensation expense that may need to be recorded would not exceed approximately $2.1 mln for the six and one-half year period from the Company's July 1999 IPO through December 31, 2005, or approximately $80,000 for the first six months of 2006.
2:42 pm PT Genentech Provides Update on Supplemental Biologics License Application for Adjuvant Herceptin(R) in Early-Stage HER2-Positive Breast Cancer (DNA) 79.56 -0.56 : Co announced that the U.S. Food and Drug Administration�has notified the company that additional information recently requested during the review of the supplemental Biologics License Application (sBLA) for Herceptin for the treatment of patients with early stage, HER2-positive breast cancer has been deemed a major amendment. The information requested, additional analyses of previously submitted studies, has already been provided to the agency. In accordance with FDA guidelines, the agency has extended the review period for the sBLA up to an additional 90 days beyond the August 17, 2006 action date. The co submitted the sBLA in February 2006 and it was granted Priority Review.