--------------------------------------------------------
Today's Business Headlines - Market Close from MSNBC.com
--------------------------------------------------------
Market Closing Prices
Dow: 9674.679688 -5.33
NASDAQ: 1915.310059 +3.41
S&P: 1038.060059 -0.67
AMEX: 1017.059998 +1.11
Wall Street Watch: Complete coverage
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/COMTOPLEVELMARK_Front.asp
-------------------------------
ADVERTISEMENT
-------------------------------
Get a Faster Internet Connection with MSN Broadband -- Now Available Nationwide!
http://resourcecenter.msn.com/access/broadband/default.asp
-------------------------------
Business
-------------------------------
Stocks struggle
Stocks closed Friday narrowly mixed, a day after indexes reached highs not seen in
more than a year, as investors mulled a profit warning by GE and the market struggled
to find direction.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/158521.asp
Two NYSE execs get big payouts
The NYSE on Friday said two top execs are due for at least $22 million each upon
retirement. The disclosure comes after Richard Grasso resigned as chairman because of
controversy over his huge pay package.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/978617.asp
World crude-oil prices surge
London oil prices hit post-Iraq war highs on Friday as the West's energy watchdog, the
International Energy Agency, warned of a tight world market this winter.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/978689.asp
Trade deficit improves slightly
The U.S. trade deficit fell to $39.21 billion in August, the smallest gap in six
months, reflecting a big drop in imports of cars and foreign oil.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/978557.asp
Janus mutual funds see big outflows
Investors withdrew $4.4 billion net from Janus funds last month, the biggest
withdrawal from any U.S. fund group in the past year. The movement of money comes
after Janus was named in a regulatory probe.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/978691.asp
Quattrone goes on the offensive
Former technology banker Frank Quattrone went on the offensive Friday at his
obstruction of justice trial, saying the prosecution's key witness failed to warn
workers not to destroy files amid investigations of the company.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/978746.asp
GE profits slip, lowers guidance
General Electric Co.'s earnings dropped 11 percent in the third quarter as lower gas
turbine and aircraft engine sales and an accounting charge weakened profits.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/978541.asp
World Bank: Iraq needs $55 billion
A study by the World Bank and other international organizations estimates that Iraq
could handle only $5.2 billion in foreign reconstruction aid next year without
problems arising.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/978657.asp
Martha Stewart losing readers
Martha Stewart Living magazine is reducing its guaranteed circulation by 22 percent in
the latest sign of how badly its founder's legal woes are hurting the business.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/978651.asp
Levi's restates profits lower
Jeans maker Levi Strauss & Co. revealed an improper tax deduction will wipe out $30.9
million in profits, raising another financial welt on the embattled company.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/978542.asp
-------------------------------------------------------------------
New from MSNBC Business
Whether you need to track the jumps and dives on Wall Street, the latest layoffs or
CEO swaps, stay on top of the business stories of the hour with MSNBC Business Video
Headlines. This new feature on MSNBC.com is your video window on the market
throughout the business day. See what's news at this hour.
http://www.msnbc.com/m/c/ctv_nl.asp?id=bvh&sk=bvh&sl=com_front
-------------------------------------------------------------------
For continuing coverage watch MSNBC, with Lester Holt, Chris Matthews, Keith Olbermann
and Joe Scarborough.
Get the MSNBC Primetime newsletter and find out what's on MSNBC every night at
http://email.msnbc.com
Find MSNBC on your TV at: http://www.msnbc.com/CableOperator.asp
=========================================
This email is never sent unsolicited. You have received this MSNBC Daily Market Close
newsletter because you subscribed to it or, someone forwarded it to you.
To remove yourself from the list (or to add yourself to the list if this
message was forwarded to you) simply go to
http://www.msnbc.com/tools/newstools/e/EmailExtra.asp?nfeature=3
<http://www.msnbc.com/tools/newstools/e/EmailExtra.asp?nfeature=3>
