Market Update Close: Inching just out of the narrow range in which they spent the afternoon, the equity market's major averages closed the week at their best levels of the day and marked the third consecutive weekly gain. The streak continued today has been the market's best since July. Veterans' Day closed the Treasury market, and a dearth of data on either the economic or corporate fronts meant catalysts for buyers and sellers alike were limited. Dell's (DELL 29.37 +0.16) earnings report and accompanying guidance, delivered last night, stole the spotlight in the early going; however, the news had...
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General Health Tip
Buying the Healthiest Dairy Foods. Milk, yogurt and cheese are excellent sources of calcium, but regular varieties have too much saturated fat. Switch to low-fat or nonfat varieties (3 grams or less of total fat per serving).
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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 Forcefully Attacks Iraq Critics President Bush speaks about the war against terror at Tobyhanna Army Depot in Tobyhanna, Pa., Friday, Nov. 11, 2005. In a Veterans Day speech, Bush offered a forceful defense of the war in Iraq, saying it is the central front in the war on terror and that extremists are trying to establish a radical Muslim empire extending from Spain to Indonesia. (AP Photo/Charles Dharapak)
1:42 pm PT Activision and Marvel expand alliance and extend interactive rights for Spider-Man and X-Men Franchises; deal extends relationship through 2017 (ATVI) 16.69 -0.22:
1:23 pm PT Arch Capital Announces Estimates of Losses from Hurricane Wilma (ACGL) 55.00 +2.52:Co announces it expects after-tax earnings for the 2005 fourth quarter to be negatively impacted by the effects of Hurricane Wilma in the range of $40-$60 mln based on industry insured losses of $8 -$12 bln. These preliminary estimates are net of reinsurance and reinstatement premiums. The losses from the storm are currently expected to arise 56% in our insurance operations and 44% in our reinsurance operations if the industry loss is at the lower end of the range and move to a 48/52 split, insurance and reinsurance, if the industry loss is at the upper end of the range.
1:07 pm PT Applied Bio and Eppendorf Announce Real-Time PCR Instrument Licensing Agreement (ABI) 25.99 -0.05:The co announces it has granted a worldwide, royalty-bearing license to Eppendorf AG under a real-time thermal cycler patent rights agreement. Under the agreement, Eppendorf will have the right to manufacture and sell real-time thermal cyclers in the research and applied fields. Financial terms of the license were not disclosed.