Market Update Close: Today's market retained the bullish bias that infected Friday's session and closed the major indices comfortably above the flat line. More evidence of solid third quarter earnings teamed with a host of news on the M&A front, and a 2.3% pullback in the price of crude, in extending the prior session's rally. Leadership was active and gains were wide-spread; all ten of the economic sectors managed to maintain positive footing throughout the day. Consumer Discretionary was once again the standout, sporting a 1.9% gain that came on the heels of energy price action, rising...
A Healthier Pizza. Got a pizza craving but you're worried about calories and fat? To mind your waist and enjoy the taste and texture of melted mozzarella, order a no-cheese slice topped with vegetables to go, then sprinkle a little cheese at home and reheat.
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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!
Bush Names Conservative Judge for Opening President Bush, left, announces judge Samuel Alito as his Supreme Court justice nominee in the Cross Hall of the White House Monday, Oct. 31, 2005 in Washington. President Bush nominated Appeals Court Judge Samuel Alito to the Supreme Court on Monday, hoping to usher in a historic new era of judicial conservatism while ending a Republican divide that doomed an earlier pick. (AP Photo/Charles Dharapak)
2:18 pm PT SS&C Techs Acquires Open Information Systems, Inc. (SSNC) 35.84 +0.09:Co announces the purchase of all of the outstanding capital stock of Open Information Systems for $24.0 mln.
2:03 pm PT Ferro announces completion of independent investigation (FOE) 17.84 +0.45:Co announces that the second independent investigation authorized by its Audit Committee has been completed. The initial investigation was carried out in three phases with the investigators concluding that substantially all of the irregular entries were made by a subordinate divisional employee who had since left the co and that the irregular entries were made without any knowledge or involvement of senior management.
1:59 pm PT Spectrum Control control acquires JDK Controls, Inc. (SPEC) 6.26 -0.17:Co announces it has acquired all of the outstanding common stock of JDK Controls. The total purchase price of the acquisition, including the payoff of certain JDK indebtedness, was $4.1 mln. The purchase price was entirely funded with Spectrum Control's available cash reserves. "...Based upon current market conditions and customer order rates, we expect JDK Controls product sales to be approx $8 mln during the next twelve months,"