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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
Dow: 9,598.24 -149.40
NASDAQ: 1,898.07 -42.83
S&P: 1,030.36 -15.67
AMEX: 1,018.29 -0.99
Wall Street Watch: Complete coverage
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/COMTOPLEVELMARK_Front.asp
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Business
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Stocks thumped amid profit woes
Wall Street moved sharply lower Wednesday, as investors, digesting dozens of earnings
reports, decided third-quarter results hadn't met their lofty expectations.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/158521.asp
McDonald's earnings sizzle
McDonald's Corp. said Wednesday third-quarter earnings rose, as new products like
meal-sized salads helped reverse a slowdown in United States sales, offsetting
weakness overseas.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/983529.asp
Quattrone jurors told to try harder
A federal judge urged jurors Wednesday to try harder to reach a verdict in the
obstruction of justice trial of former star technology banker Frank Quattrone.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/983575.asp
Democrats block class-action bill
Senate Democrats Wednesday blocked Republican efforts to limit the amount of damages
paid in class action lawsuits across the country, mustering enough votes against the
bill to likely kill it for the year.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/983652.asp
Goldman Sachs hails clean earnings
U.S. companies have sorted out their balance sheets and the current raft of earnings
statements are the most reliable in years, a leading Wall Street strategist said on
Wednesday.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/983558.asp
Price of NYSE seats plunge
Two seats on the New York Stock Exchange were sold at their lowest price in five years
after one of the most turbulent months in the exchange's history.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/983589.asp
Ohio man buys last Concorde seats
An Ohio man won an auction for the last two seats on this week's final flight of the
Concorde. Total price: $60,300.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/983667.asp
American Air earns slight profit
The parent of American Airlines reported a tiny profit in the third quarter, breaking
a string of losses at the world's largest carrier that began more than two years ago
and worsened after the terror attacks of September 2001.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/983626.asp
Merck posts flat earnings, cuts jobs
Drugmaker Merck & Co. Inc. Wednesday reported roughly flat third-quarter earnings,
falling short of expectations, and set a restructuring that will cut about 4,400 jobs.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/983528.asp
Time Warner reports quarterly profit
Time Warner Inc. on Wednesday said third-quarter earnings rose sharply as stronger
results at its TV networks and cable operations and an investment gain offset weakness
at its Internet division.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/983518.asp
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