Market Update Close: A trifecta of better than expected economic data bolstered early buying efforts; however, such strong growth also raised concern about further Fed rate hikes, closing the indices near session lows. Consumer confidence climbed to 98.9, the most in more than two years, from 85.2, the lowest level since Oct. 2003. Such upbeat sentiment was also echoed after Oct. new home sales unexpectedly rose 13% to a record 1.42 mln units (consensus 1.20 mln). Further, Oct. durable goods orders rebounded, rising 3.4% after falling 2.0% a month earlier, reflecting strong business investment -- a...
Eggs Are OK. Many studies have shown that saturated fat is a much greater factor in heart disease than dietary cholesterol. Eggs are high in dietary cholesterol, but relatively low in saturated fat. Eaten in moderation as part of a low-fat diet, they're unlikely to raise heart disease risk.
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The college plans to enroll an indeterminate number of students; the size of the class will depend on the number of applicants and how many accept offers of admission.
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!
Virginia Man Among Four Kidnapped in Iraq This is an image taken from an Arab Satellite TV channel of two of four peace activists taken hostage in Iraq and broadcast Tuesday Nov. 29, 2005. A previously unknown group claiming responsibility for the kidnapping The Swords of Righteousness Brigade said the four were spies working undercover as Christian peace activists, al-Jazeera television news reported. A British passport belonging to Norman Kember was also shown in the broadcast. A white-haired man, shown in the passport photograph, could also be seen sitting, at left, on a floor next to three other men in the video. The other man is unidentified. (AP Photo/Al Jazeera, Via AP Television)
9:22 pm PT On The Wires :Enterprise Products Partners L.P. (EPD) announces that it has priced a public offering of 4.0 mln common units representing limited partner interests at a price of $25.54 per unit... The U.S. Army has awarded Signal Solutions, a subsidiary of General Dynamics (GD), the Total Engineering and Integration Services (TEIS) contract, to provide information technology (IT) engineering and technical support. The indefinite delivery/indefinite quantity (ID/IQ) multiple award contract has a performance period of one base year and four option years with a ceiling value of approx $800 mln.
9:18 pm PT Factory Card Outlet announces resignation of chief financial officer (FCPO) 7.45 :Co announces that James D. Constantine, the co's Executive Vice President, Chief Financial Officer and Chief Administrative Officer, is leaving the company to pursue other opportunities.
9:15 pm PT Frozen Food Express announces new senior vice president and chief financial officer (FFEX) 11.72 :Co announces the appointment of Gary M. Pruden to the position of Senior Vice President and Chief Financial Officer.