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Wall Street falls ahead of Fed rate move; Merrill Lynch CEO retires ...

Merrill Lynch shares fell $1.73, or 2.6 percent, to $65.69 after O'Neal's announced departure.

Some corporate earnings reports disappointed investors.

Procter & Gamble was the biggest loser among the 30 Dow components after cautioning that higher commodity costs will squeeze second-quarter margins. Despite a 14 percent rise in fiscal first quarter profit, P&G fell $2.85, or 4 percent, to $68.98.

And although Qwest reported a third-quarter profit jump, its shares tumbled 73 cents, or 8.9 percent, to $7.45 as overall revenue dipped, and after the telecommunications company provided few details about its outlook.

Declining issues outnumbered advancers by about 3 to 2 on the New York Stock Exchange, where volume came to 244.9 million shares.

The Russell 2000 index of smaller companies fell 2.41, or 0.29 percent, to 819.31.


Giuliani's Cash Crunch; Interview With Arizona Senator John McCain

At a town hall meeting in Summerville, Edwards promised to fight for the middle class, to help lift people out of poverty, and push for universal health care. Something that earned him the endorsement of a Clinton, Darrell (ph), that is. This Clinton describes himself as a staunch Republican, now putting party politics aside to support Edwards, the Democrat.

EDWARDS: And you're voting for me this time? OK.

And by the way, all the rest of you need to be telling your friends and neighbors you're looking at the candidate who can get Republican votes, including right here in South Carolina.

UNIDENTIFIED MALE: I think he's a good mainstream politician looking out for the little guy.

LOTHIAN: Edwards won South Carolina in 2004 and is trying to recapture that glory and boost his campaign.


Night before Russia game, and England star Ashley Young's flashing ...

It was the 9.8million star's debut for his country. But randy Young was limbering up with sleazy free kicksputting on an outrageous webcam sex show for a girl he'd just met online.

And our snapshots of him in action reveal he's got plenty to showeven in widescreen.

The scandal comes just a week after we told how other England stars prepared for their crucial game against Croatia with a drunken party in a lap-dancing club.

It was 1.30am Moscow time October 17 when Young logged on in his room at the team's hotel and hooked up with beauty therapist Sarah Taylor on the Webcamo dating site.

Teasing

Within minutes he was bombarding her with instant text messages describing the sordid things he longed to do to her.

As he groped himself 22-year-old Aston Villa star Young said: "I'd love to lick ur ****** making them nice and ****...yeh babe, teasing ur ****."

Ignoring all the rules on handling, he went to huge lengths to show himself off and feverishly bashed out saucy demands like: "I wanna have my **** between ur **** and u ****ing the top of my ****."

Pretty Sarah, 21, told us: "I was shocked.


The CNN Wire: Monday, Dec. 17

The Israel Defense Force said it carried out the first strike, targeting military leader Majed El Harazin. Islamic Jihad confirmed Harazin's death, saying he and another leader were killed when Israeli jets targeted a car carrying militants on a mission to fire rockets.

The second air strike took place around midnight when an Israeli aircraft fired at a group of Islamic Jihad militants in Gaza city who were involved in preparing and launching Qassam rockets, the IDF said. Militant cell leader Karim Dahdouh was among the dead, the IDF said. The militant group said two members of the rocket unit were killed and three wounded.

The third Israeli airstrike came early Tuesday morning against a group of Islamic Jihad militants who were firing Qassam rockets toward Israel from the Jebalya/Bei Lahiya area, the IDF said.



 

 

 

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