Market Update Close: The market's major averages relinquished early gains and only recovered enough in late trading to close just below the flat line, as strong signs of underlying economic expansion and ambiguous inflation data clouded the possibility of an end to further Fed tightening. Mixed earnings reports and higher borrowing costs intraday also prompted modest consolidation among many of the market leaders responsible for recent blue chip gains. Before the bell, total November CPI dropped a headline-inspiring 0.6%, as a record 8.0% monthly decline in energy prices helped remove some of the...
Caffeine Caution You may want to rethink that morning cup of coffee if you have high blood pressure.
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General Health Tip
A 30-lb. Bagel? Instead of a bagel with regular cream cheese in the morning, try a whole-wheat English muffin with a slice of low-fat cheese or peanut butter and save 300 calories. Do this every day for a year, and you can drop up to 30 pounds!
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The continued popularity of Elvis Presley has given rise to a class of entertainers who make a living through mimicry of "The King.","/reference/dictionary/entry/mimicry
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!
Millions of Iraqis Vote in Relative Peace Iraqi Muneera al-Azami, 71, Thabet Waleed, 35 and Israa Waleed, 40,with ink stained index fingers pose by an election campaign posters for the Tawafoq Iraqi Front list which they voted for, in Baghdad, Iraq, Thursday Dec. 15, 2005. (AP Photo/Samir Mizban)
2:11 pm PT Market Wrap :The market's major averages relinquished early gains and only recovered enough in late trading to close just below the flat line, as strong signs of underlying economic expansion and ambiguous inflation data clouded the possibility of an end to further Fed tightening. Mixed earnings reports and higher borrowing costs intraday also prompted modest consolidation among many of the market leaders responsible for recent blue chip gains. More...
2:10 pm PT NovaTel Receives Contract from Raytheon Company for Additional WAAS-GII Receivers (NGPS) 29.07 -0.02: -Update- Co announced that it has received an order for additional Wide Area Augmentation System receivers (WAAS-GII) from Raytheon NovAtel anticipates shipping the WAAS-GII receivers in Q4 2005. The new contract award for the additional receivers will be used to further extend the US WAAS network. NovAtel estimates the value of this recent WAAS-GII contract award to be approximately US$470,000.
2:08 pm PT ACE Limited provides Y06 outlook (ACE) 53.85 -1.05:Co announced the following guidance for the ACE Group of Companies for the full year 2006: Property & Casualty net earned premium growth is expected to average 6-8%; Earned premium growth is expected to be slower in early quarters and accelerate as the year progresses. Financial Services operating income is expected to decline ~15%; total investment income is expected to range between $1.45-1.50 bln. Interest expense and preferred dividends are expected to be ~$210 million. Effective tax rate is expected to be between 22-24%. Co also announced that it will be filing a shelf registration in the near future. The shelf replaces the previous capacity used in connection with the October common stock offering. The Company has no plans for utilization of the new shelf at this time.
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