Market Update Close: The market rallied for the fourth time in five days, as non-inflationary Q3 productivity data and strong October retail sales enticed broad-based buying efforts. Before the bell, a report showed Q3 productivity rose a stronger than an expected 4.1% - the highest since Q204 (consensus 2.6%), while unit labor costs unexpectedly fell 0.5%, keeping inflation in check and kick starting early buying interest. Meanwhile, investors sifted through monthly same-store sales figures from more than 60 retailers, coming to the realization that the arrival of cold weather, which helped Oct....
A Hint of a Yawn Do you find yourself yawning throughout the day? Get to the source of that sleep loss.
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General Health Tip
Pantry Detox! If certain high-calorie foods lurking in your pantry keep throwing you off track when trying to lose weight, show no mercy: Throw them out.
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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!
US defends foreign detentions Items that each detainee is permitted to possess are displayed at Camp Delta in Guantanamo, Cuba July 6, 2005. The United States has sought to justify the detention of thousands of foreign terror suspects in a report to a U.N. panel as questions mount over possible secret CIA prisons for al Qaeda captives. (Deborah Gembara/Reuters)
2:20 pm PT Isle of Capri sees Q2 EPS below the low end of its Aug 12 (pre-Katrina) guidance (ISLE) 21.58 +0.16:Co announces it expects fiscal Q2 earnings for the co to be below the low end of its August 12, 2005 (pre-Katrina) guidance of a $.01/share loss. Due primarily to the effect on its business of Hurricanes Katrina and Rita, the co expects to report a Q2 loss of between $.03-$.07 vs $0.05 Reuters consensus The co does not expect that the effect of the hurricanes will give rise to any debt covenant or liquidity issues.
2:16 pm PT Stellent beats by $0.01, ex-items (STEL) 9.37 :Co reported Q2 EPS of $0.08, ex-items, $0.01 better than the $0.07 consensus. Revenues increase 7.5% to $30.1 mln vs consensus of $29.5 mln.
2:08 pm PT Sina Corp. misses Q3 EPS by $0.06, revs light, co guides revs lower for Q4 (SINA) 24.66 -0.49:SINA reports Q3 EPS ex items of $0.17 vs. $0.23 consensus; revs of $49.6 mln vs. $50.7 mln consensus. Co sees Q4 revs of $51-53 mln vs. $54 mln consensus.
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