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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
Dow: 9838.830078 -19.63
NASDAQ: 1957.969971 -9.73
S&P: 1053.250000 -5.77
AMEX: 1062.979980 +1.67
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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Mutual fund charges unveiled
The SEC Tuesday filed fraud charges against five former Prudential Securities brokers
and one branch manager, saying they made millions of dollars worth of fees from
improper trades.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/988534.asp
Stock markets edge lower
Stocks were lower Tuesday, with financial services companies and chip makers showing
particular weakness.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/158521.asp
Ex-HealthSouth CEO faces charges
The former head of HealthSouth Corp. will face federal charges arising from what
prosecutors say was huge fraud aimed at bolstering the medical care firm's stock
price, according to The Associated Press.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/988925.asp
Wal-Mart targeted in U.S. probe
Wal-Mart Stores Inc. said Tuesday it has received a target letter from the U.S.
Attorney's Office saying the world's largest retailer allegedly violated federal
immigration laws.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/988982.asp
Planned layoffs surged in October
The number of job cuts announced by U.S. employers surged 125 percent in October,
after declining for two months, calling into question the strength of the recovery in
the job market.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/988963.asp
Reed won't be on NYSE board
NYSE Interim Chairman John Reed Tuesday said the exchange will continue to be a
specialist-based trading system, and said he would not be a member of the board he
will announce on Wednesday.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/989229.asp
California expanding Tenet audits
Tenet Healthcare Corp., already facing federal investigations, said Tuesday the
California Department of Health Services is expanding audits of Tenet-owned hospitals
in the state after an audit of one center discovered $12 million in excess
reimbursements
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/988924.asp
Safety regulators eye GM cars
The National Highway Traffic Safety Administration said its investigation opened last
Thursday covers Oldsmobile Aurora sedans and Cadillac Seville, Deville and Eldorado
cars built between model years 1995 and 1997 with V-8 engines.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/989179.asp
Yukos taps U.S. citizen as CEO
Yukos said Tuesday it has appointed U.S. citizen Simon Kukes as CEO. Kukes takes over
the top spot left vacant after Mikhail Khodorkovsky resigned from jail on Monday.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/988948.asp
Tyco International to cut 7,200 jobs
Tyco International Ltd. on Tuesday posted a quarterly loss on a $1.2 billion charge
for restructuring and divestitures that include unloading its undersea cable network.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/988914.asp
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