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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
Dow: 9624.160156 -86.67
NASDAQ: 1881.750000 -27.86
S&P: 1034.150024 -9.48
AMEX: 1072.579956 +1.10
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 end choppy session lower
Wall Street retreated further Tuesday, despite a better-than-expected earnings report
from retailer Home Depot and a brokerage firm upgrade of General Electric.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/158521.asp
Martha Stewart request struck down
A judge refused to dismiss a securities fraud charge against Martha Stewart on First
Amendment grounds Tuesday, saying the government was entitled to prosecute her for
statements she made.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/995199.asp
U.S. consumer prices unchanged
Consumer prices were flat in October as a sharp drop in the costs of gasoline and
other energy products swamped the biggest jump in beef and veal prices seen in 24
years.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/995013.asp
Home Depot posts higher profit
Home Depot Inc. Tuesday reported a 22 percent rise in quarterly profit, beating
estimates, as sales at older stores rebounded.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/994988.asp
Greenspan, Snow offer reform ideas
Federal Reserve Chairman Alan Greenspan and U.S. Treasury Secretary John Snow Tuesday
urged swift punishment for anyone convicted in the growing scandal involving the $7
trillion mutual fund.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/995045.asp
Time Warner music unit eyed
An investor group that includes media moguls Haim Saban and Edgar Bronfman Jr. is
preparing a $2.5 billion offer for Time Warner Inc.'s music business, according to a
source familiar with the situation.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/994991.asp
Janus workers leave over funds flap
Janus Capital said Tuesday a few employees who thought that rapid in-and-out trading
was not harmful to its mutual funds and investors have left the company, and it
outlined certain reform efforts.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/995044.asp
Freddie Mac probe widens
U.S. regulators are investigating the roles Wall Street firms played in questionable
deals that mortgage finance company Freddie Mac concocted to massage earnings, an
official said on Tuesday.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/994997.asp
The art of the art auction
Forget any notion of a genteel, orderly affair. Millions of dollars get spent amid
chaos and anonymity of the art auction -- and every so often, real excitement.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/995129.asp
GM pitches fuel cell cars - in China
A future of fuel cell vehicles powered by hydrogen could start not in the United
States but in China, GM executives said Tuesday as part of a sales pitch that had
nothing to do with gas-guzzling SUVs.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/995001.asp
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