Market Update Close: Fully erasing yesterday's gains, and plus some, the indices extended their fourth quarter declines. A plummeting pair of shares - Pfizer (PFE 21.93 -2.04) and eBay (EBAY 39.68 -2.33) - set the market's early tone and shoved buyers back to the sidelines. While the drug giant delivered Q3 earnings that exceeded expectations by $0.03 per share, its downside FY05 guidance and withdrawal of full-year 2006 and 2007 forecasts sent shares tumbling nearly 9%. eBay, meanwhile, had reported EPS in-line with estimates lat night, but its Q4 and FY05 outlooks sent the stock reeling. Fixated...
Now That's Intense A new study has revealed an easy way to burn more calories without having to trade in your favorite exercise.
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General Health Tip
Eat To Protect Your Eyes. What you eat can go a long way toward protecting your vision as you get older. Focus on foods with natural yellow pigments and those rich in vitamins C and E to keep your vision in top shape.
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JESSICA'S DIVA DEMANDS
Jessica Simpson, 25, likes to act clueless, but she can swing her celebrity weight like a pro. According to a studio source, weeks before the press tour for The Dukes of Hazzard began, "we were bombarded with a six-page pamphlet of demands for Jessica from the office of her dad, Joe Simpson." Among Jessica's requests: paid accommodations for her hairstylist and assistant in the same hotel as Jessica; a wardrobe budget estimated in the thousands of dollars; cases of Evian water; and paid private... JEN FREAKS OVER ANGELINA'S NEW BABY JULIA STILES, GWYNETH PALTROW AND MORE!
Hurricane Wilma slams Mexico resorts A ferry and a half submerged ship lie in a harbour as the sea surges behind at Puerto Morelos near Cancun October 20, 2005. Roaring waves pounded Mexican beach resorts on Thursday and thousands of tourists were evacuated to escape the wrath of Hurricane Wilma, which gathered strength in the Caribbean on its way to Florida. Cuba evacuated 220,000 people and residents of southern Florida stocked up on drinking water and gas to prepare for Wilma, which spun off the coasts of Mexico and Belize packing winds of around 150 mph (240 kph). The ship had to be cut loose as it was becoming a hazard due to the storm surge from hurricane Wilma. (Stringer/Reuters)
3:33 pm PT Swing Trader: Sucker Punched?!?! : -Technical- Failure to sustain a follow-through above Wednesday's rally high within the first hour of trade opened the door for sellers to to take control. The gap up in Semis (SMH ) and the fast run in Retail (RTH) looked as if the follow-through was in place, but the SPY failed early near Wednesday's high (119.80) along with the QQQQ challenging its 50-day simple ma (38.82) and the DIA at its 50-day ema (104.32). (continued)
2:17 pm PT Captiva Software to be acquired by EMC for $22.25/share (CPTV) 18.30 +0.43:EMC announces it will acquire Captiva for $22.25 per share in cash, or approx $275 mln net of Captiva's cash balance. Upon completion of the acquisition, EMC expects to take a charge of approx $15-$20 mln for the value of Captiva's in-process R&D costs. Excluding this charge, the transaction is not expected to impact EPS in the first full year of operation.