4:20 pm : Stocks extended their winning streak to three days after a second consecutive read on inflation provided exactly what the market was�hoping for -- further evidence that the economy is on track for the much-desired soft landing. Falling bond yields and lower oil prices also helped the blue chip averages close at their best levels in three months while the Nasdaq's 4.4% surge this week alone marked its best three-day advance since August 2004.
Before the bell, the Labor Dept. reported that the closely-watched core CPI rose 0.2% following four straight months of
Good-Mood Food Which food can make you happier: an apple or some chocolate?
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General Health Tip
Add Herbs for Fat-Free Flavor. Fresh herbs embellish other flavors in a dish while adding a vibrancy of their own, all with no extra calories or fat. Sturdy herbs like parsley, thyme or oregano will keep in the refrigerator for up to a week inside a perforated plastic bag.
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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
Thai police: Man admits killing Ramsey Thai Immigration police officer displays a Xeroxed copy showing John Mark Karr, a suspect in the killing of JonBenet Ramsey, at the Immigration police headquarters, in Bangkok on Thursday August 17, 2006. Thai police on Thursday confirmed they arrested American John Mark Karr suspected in the 1996 slaying of the 6-year-old beauty queen in the United States and were holding him pending arrival of U.S. law enforcement officers. (AP Photo/Sakchai Lalit)
6:55 pm PT Linn Energy announces anticipated distribution increase for Q4 of 2006 (LINE) 24.06 +0.22 : Co announced that its management currently anticipates that it will recommend to the Board of Directors an increase in the cash distribution to an annual rate of $2.08 per unit, beginning with the cash distribution to be paid with respect to Q4 of 2006. If the increase is approved by the Board of Directors, Linn Energy expects to pay a quarterly distribution amount of $0.52 per unit on or about February 14, 2007. As previously announced, management will recommend to the Board of Directors an increase of $0.12 per unit in the annual cash distribution to an annual rate of $1.72 per unit, from the current annual rate of $1.60 per unit beginning with the cash distribution to be paid with respect to Q3.
6:54 pm PT Linn Energy Announces Revised Guidance and Reports on Recent Acquisition (LINE) : ...
6:28 pm PT Stage Stores to delay release of Q2 Results (SSI) 31.91 +1.03 : Co announced today that it will delay the release of its Q2 results pending the completion of an internal review of its inventory valuation methodology. As such, the Co's previously provided earnings guidance for Q2 2006 and FY06 should no longer be relied upon.�Co currently expects that the effect of any required adjustments would be to reduce its previously reported diluted�EPS from $1.76 to $1.64 for fiscal 2003, from $1.72 to $1.59 for fiscal 2004, from $1.90 to $1.78 for fiscal 2005, and from $0.72 to $0.57 for the quarter ended April 29, 2006. For comparability purposes, the effect of any required adjustments for the quarter ended April 30, 2005 would be to reduce its previously reported diluted�EPS from $0.68 to $0.57. These estimated revision amounts are preliminary, unaudited and subject to adjustment.
Thai police: Man admits killing Ramsey
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