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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
Dow: 9763.940430 +16.15
NASDAQ: 1943.040039 -4.10
S&P: 1053.890015 +1.81
AMEX: 1080.959961 +8.81
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 edge up
Stocks edged higher Tuesday as investors turned hesitant following the previous day's
rally. Two reports indicating that the economic recovery is gaining momentum had
little effect on trading.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/158521.asp
Economy seen growing faster
Revised numbers from the government show the economy grew at an
eight-point-two-percent annual rate in the third quarter, a much stronger performance
than previously thought.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/997861.asp
U.S. consumer confidence jumps
Slow but steady improvements in the job market helped drive consumer confidence in
November to its highest level in more than a year, a private research group reported
Tuesday.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/997885.asp
Jury views Kozlowski home video
The judge presiding over the larceny trial of Tyco International Ltd.'s former top
executives Tuesday allowed jurors to see a 15-minute videotape of ex-chief executive
L. Dennis Kozlowski's luxury Fifth Avenue apartment.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/997897.asp
Spitzer charges 3 with funds fraud
Criminal charges were filed Tuesday against three former top executives at Security
Trust Co. for allegedly acting as middlemen for hedge funds in an illegal late-trading
scheme that cost investors $1 million.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/997876.asp
Sales of pre-owned homes drop
"It does appear we might have seen the peak for housing activity," said the National
Association of Realtors chief economist. He said sales were on track to set an annual
record at more than six million homes in 2003.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/997877.asp
'Tis the season to check toy recalls
The government is urging consumers who got an early start on their holiday shopping to
make sure the items they bought haven't been recalled for safety reasons.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/997988.asp
Teamsters honor Calif. store pickets
Striking California grocery workers vowed to expand their picket lines into Northern
California, the District of Columbia and Maryland even as Teamsters came to their
defense with plans to choke off food supplies to targeted stores during Thanksgiving.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/997874.asp
Heinz earnings fall after spin-off
Ketchup maker H.J. Heinz Co. on Tuesday said quarterly earnings fell nearly 10
percent, in line with Wall Street expectations, reflecting the spin-off of some
underperforming units in December.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/997848.asp
Independence to buy N.Y. bank
Independence Community Bank Corp. on Tuesday said it agreed to buy Staten Island
Bancorp for about $1.5 billion in cash and stock, solidifying its position in the
highly competitive New York City area.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/997842.asp
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