4:20 pm : Given the scope of the market's broad-based rally during what is historically one of the worst months of the year for stocks (August), the sustainability of such an impressive performance came into question Wednesday as a sense that stocks were overbought prompted widespread profit-taking.
With tame inflation data of late acting as the impetus behind a more optimistic underlying tone in the market, it wasn't too surprising to see a disappointment on the inflation front ruffle the hawks' feathers today. Before the bell, the Labor Dept. showed that the final read on
The Hefty Price of a Bargain Meal For an extra 67 cents, you can get lots of fries, a bucketful of soda, a super-duper burger, and more at a fast food window.
more
General Health Tip
Don't Cook Veggies In Water. Cooking vegetables in water significantly lowers the nutrient content because vitamins leech out. You wind up just pouring very nutritious cooking water down the drain.
More
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
Bush admits secret CIA prisons U.S. President George W. Bush acknowledges for the first time that some foreign terrorism suspects have been held by the CIA outside the United States during remarks in the East Room of the White House in Washington, September 6, 2006. (Jim Young/Reuters)
1:57 pm PT Market Wrap (WRAPX) : Given the scope of the market's broad-based rally during what is historically one of the worst months of the year for stocks (August), the sustainability of such an impressive performance came into question Wednesday as a sense that stocks were overbought prompted widespread profit-taking.
1:45 pm PT Palm lowers Q1 guidance (PALM) 15.53 +0.58 : Based on preliminary financial data, Palm expects revenue to be in the range of $354-356 mln in Q1, compared with earlier guidance of $380-385 mln provided June 29, Reuters consensus is $383 mln. The revenue shortfall was primarily due to lower Treo volumes in carrier retail channels.Earnings per diluted share are expected to be $0.13-0.14 on a GAAP basis and $0.18-0.19 on a non-GAAP basis, in line with the company's previous guidance. "We will soon address the market dynamics responsible for our first quarter revenue shortfall with two major product launches, one that improves our pricing position and both which extend our carrier relationships to global markets. Overall smartphone sell-through was up quarter over quarter, and our balance sheet is in excellent shape."
Add Content
Change Layout
Change Colors
New mail
