Market Update Close: The indices finished the session in mixed fashion, with blue chips in the red and at their worst levels. The Nasdaq, meanwhile, closed just on top of the flat line. In the early going, a better than expected revision to Q3 GDP growth (+4.3% versus the 3.8% prelim) and a downward revision to the price deflator reflected lowered inflation coupled with increased growth trends. Buyers took a bullish cue, but sellers stepped in as consolidation efforts took root. The November Chicago PMI report revealed that manufacturing trends remain strong, but the market perhaps focused upon the...
Coffee and Pregnancy. Moms-to-be should take a break from coffee -- caffeine crosses the placenta and large amounts may lead to low birth-weight infants.
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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 Maps Out Iraq War Strategy President Bush finishes his speech on the war in Iraq at the U.S. Naval Academy in Annapolis, Md., Wednesday, Nov. 30, 2005. Bush, facing growing doubts about his war strategy, said Wednesday that Iraqi troops are increasingly taking the lead in battle but that "this will take time and patience." He refused to set a timetable for withdrawing U.S. forces. (AP Photo/Charles Dharapak)
1:21 pm PT Smith & Wollensky reports flat November comps (SWRG) :
1:18 pm PT Synopsys reports in-line Q4 results, guides Q1 eps above consensus, guides FY06 in-line (SNPS) :Reports Q4 (Oct) earnings of $0.10 per share, excluding non-recurring items, in line with the Reuters Estimates consensus of $0.10; revenues rose 10.5% year/year to $254.8 mln vs the $254.4 mln consensus. Co issues upside guidance for Q1, sees EPS of $0.13-0.17 vs. $0.12 consensus; sees Q1 revs of $254-262 mln vs. $255.83 mln consensus. Co issues in-line guidance for FY06, sees EPS of $0.65-0.73 vs. $0.70 consensus; sees FY06 revs of $1.055-1.085 bln vs. $1.08 bln consensus.
1:10 pm PT Lipman Receives initial order totaling $2.2 mln from a Mexican Bank (LPMA) 22.41 +0.21:Co announces it has received an initial order valued at $2.2 mln from one of Mexico's largest banks. This order for Lipman's Dione Secura PIN Entry Device is the first for Lipman from a customer in the Mexican market. The order is expected to be supplied during the fourth quarter of 2005. With the deployment of these PIN entry units, the bank will enable its customers in the multi-lane retail space to upgrade their current payment systems to support secure EMV transactions at the Point-of-Sale.
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