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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
Dow: 9786.610352 +12.08
NASDAQ: 1932.689941 -3.87
S&P: 1046.939941 -1.17
AMEX: 1060.189941 -2.75
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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U.S. economy surges in third quarter
The economy grew at a scorching 7.2 percent annual rate in the third quarter in the
strongest pace in nearly two decades.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/986926.asp
Blue chips gain on GDP data
A surprisingly strong GDP cheered Wall Street for much of Thursday, sending blue-chip
stocks higher for a fourth day as investors grew more confident of a resurging economy.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/158521.asp
Fund probe turns to Strong Financial
The chairman of Strong Financial Corp. is under scrutiny as part of an investigation
into improper trading at the company, according to a source familiar with the matter.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/986900.asp
Duke Energy to cut 2,000 jobs
The job cuts represent about 8 percent of Duke's work force.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/986955.asp
Russian courts grab oil giant's shares
In a dramatic escalation of a confrontation between the Kremlin and big business, the
Russian prosecutors' office confirmed Thursday the impounding of a large stake in oil
giant YUKOS.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/986957.asp
Massachusetts pulls out of Putnam
Massachusetts chose Thursday to withdraw $1.7 billion from state pension funds managed
by Putnam Investments, accused this week of defrauding investors.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/986714.asp
ExxonMobil third-quarter profit rises
ExxonMobil Corp., the world's biggest investor-owned oil company, on Thursday said
third-quarter profit surged on higher oil and gas prices and a rebound in refining and
marketing margins.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/986916.asp
O'Donnell begins 'Rosie' court fight
Ex-talk show host squares off vs. publisher over magazine
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/986990.asp
Merrill has no bank merger plans
Merrill Lynch is looking to boost the share of its profits from retail businesses but
has no plans to buy a consumer bank, Stan O'Neal, chairman and chief executive, said
on Wednesday.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/986923.asp
Starwood Hotels CEO steps down
Starwood Hotels & Resorts Worldwide Inc. Chief Executive and Chairman Barry Sternlicht
is stepping down from the top posts at the owner of Sheraton and Westin lodging
brands, a spokeswoman said on Thursday.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/986903.asp
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