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Today's Business Headlines - Market Close from MSNBC.com
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Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Saddam capture lifts hopes for business
Euphoria over the capture of Saddam Hussein -- by investors, companies and governments
hoping to bid on the rebuilding of Iraq -- was tempered Monday by the reality that a
host of hurdles remain before business returns to anything like normal in Baghdad. By
John W. Schoen.
http://msnbc.msn.com/id/3720034/
Wall Street's 'capture rally' fizzles
Stocks closed Monday's trading session in negative ground, having given back all of
the gains made earlier in the day in a sturdy rally that came as Wall Street reacted
positively to the capture of former Iraqi president Saddam Hussein over the weekend.
http://msnbc.msn.com/id/3683270/
Dollar pulls back vs. euro
The dollar retested record lows against the euro on Monday after trimming gains made
on the initial excitement over the capture of former Iraqi President Saddam Hussein at
the weekend.
http://msnbc.msn.com/id/3717099/
Oil prices whipsawed after Saddam arrest
Oil prices turned higher Monday amid warnings that the capture of former Iraqi
dictator Saddam Hussein would not put an end to sabotage attacks on Iraq's oil
infrastructure.
http://msnbc.msn.com/id/3714822/
Iraq contract bids delayed again
The Pentagon said on Monday it had delayed until early January a conference for
companies wanting to bid for $18.6 billion in U.S.-funded contracts to rebuild Iraq
that was scheduled for this week.
http://msnbc.msn.com/id/3719024/
France mulls Iraqi debt deal
France and other creditor nations are looking to strike a deal on helping Iraq reduce
its foreign debt next year, the French foreign minister said Monday. He did not
specify how much debt might be canceled or restructured.
http://msnbc.msn.com/id/3717700/
High court to hear energy task force case
The U.S. Supreme Court said on Monday it would hear Vice President Dick Cheney's case
for keeping his energy task force papers secret.
http://msnbc.msn.com/id/3718402/
Weekend holiday shopping seen brisk
It was a mixed weekend for businesses hoping to hear cash registers jingle, with snow
hampering shoppers in the Northeast even as retailers hoped the capture of Saddam
Hussein might buoy consumer confidence.
http://msnbc.msn.com/id/3717114/
Wal-Mart gives chillier sales outlook
Wal-Mart Stores Inc. Monday gave a chillier outlook for December sales as more people
delayed holiday shopping or bought gift cards that do not immediately count toward
revenue.
http://msnbc.msn.com/id/3718331/
Report: Alliance near pact to pay fine
Alliance Capital Management Holdings LP, under investigation for possible trade
abuses, is close to a pact with federal regulators to pay a $250 million fine, the
largest ever levied against a mutual fund company, the Wall Street Journal reported on
Monday.
http://msnbc.msn.com/id/3717113/
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