Market Update Close: Choppy trading started stocks on the downside, quickly sent them higher, but ultimately dropped them into a red range from which the indices could not escape this afternoon. Volatile swings in the price of crude roiled the market, but attention to spiking natural gas prices, profit warnings, and a languishing Treasury market added to the early bearishness that Amazon.com (AMZN 39.75 -6.42) and Boeing (BA 65.10 -1.87) had provoked. Follow through earnings-driven buying interest sent DuPont (DD 41.42 +0.70) to the top of the market, but the gain it lent the Dow and the Materials...
Cut Salad Dressing Calories. All salad dressings are not created equal. If your low-cal, low fat favorites are not on hand when dining out, save calories and fat by ordering the dressing on the side and using it as a dip.
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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!
White Sox sweep World Series The Chicago White Sox celebrate win over Houston Astros in Game 4 of Major League Baseball's 2005 World Series in Houston, Texas, October 26, 2005. (Lucy Nicholson/Reuters)
2:35 pm PT Lattice Semi beats by $0.01, guides Q4 revs (LSCC) :Reports Q3 (Sep) loss of $0.03 per share, excluding non-recurring items, $0.01 better than the Reuters Estimates consensus of ($0.04); revenues rose 1.9% year/year to $53.4 mln vs the $53.3 mln consensus. LSCC sees Q4 rev growth 1-3% sequentially, equates to $53.9-55.0 mln vs $55.0 mln Reuters consensus
2:16 pm PT Parker-Hannifin acquires Kenmore International (PH) 61.56 -0.21:Co announces it is acquiring Kenmore International, from Lai Berg Holding, AS of Norway. The acquisition is expected to close in the coming weeks once final regulatory approval is received. Terms of the sale were not disclosed. Kenmore produced sales of approx $110 mln in 2004. The acquisition is expected to be accretive within a year of its integration as part of co's Climate and Industrial Controls business group.
2:07 pm PT TALX beats by $0.03; guides (TALX) :Reports Q2 (Sep) earnings of $0.32 per share, excluding non-recurring items, $0.03 better than the Reuters Estimates consensus of $0.29; revenues rose 32.0% year/year to $48.3 mln vs the $47.5 mln consensus. Co issues in-line guidance for Q3, sees EPS of 0.29-0.31 vs. $0.30 consensus; sees Q3 revs of 46-48 vs. $48.27 mln consensus. Co issues raises guidance for FY06, to EPS of $1.20-1.24 $1.15-1.20 vs. $1.24 consensus; raises FY06 rev guidance to $193-196 mln from $180.5-194.5 mln vs. $196.81 mln consensus.
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