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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10324.67 +19.48
NASDAQ: 1973.14 +3.91
S&P 500: 1095.89 +1.85
AMEX: 1165.95 +4.90
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks close higher in shortened session
Stocks closed higher Friday as investors shopped for bargains in an abbreviated
post-Christmas session. However, shares of companies that process or sell meat
remained under pressure.
http://msnbc.msn.com/id/3683270/
Consumers flock to stores the day after Christmas
Shoppers headed to stores and malls Friday to hunt for post-Christmas bargains, as
retailers sought to get rid of leftovers and recoup business in a season that will
likely turn out to be only modestly better than a year ago for many merchants.
http://msnbc.msn.com/id/3811135/
Holiday returns? It's all in the fine print
The gifts were given, the holiday spirit lingers. Now comes the unpleasant aftermath.
It was so thoughtful of your cousin to buy you that CD box set of Alpine yodeling, or
maybe you thought your sister would really like a polka-dot turtleneck, but that stuff
is headed back to the store faster than you can say, "Thank you, come again."
http://msnbc.msn.com/id/3794669/
Cattle prices seen falling to year-ago levels
U.S. cattle prices, at record high levels recently, will probably fall back to levels
from a year so ago because of the first known case of mad cow disease in the United
States, a U.S. Agriculture Department official said Friday.
http://msnbc.msn.com/id/3811739/
Irate Italians demand reform after Parmalat fiasco
Angry, frustrated and bewildered, Italians say a multi-billion euro scandal at
Parmalat has hurt thousands of ordinary people and underscores the need for deep
reforms to prevent a costly and embarrassing repeat.
http://msnbc.msn.com/id/3811125/
Top business stories of 2003
For a year in which there was so much good news emanating from the economy and the
financial markets, there sure was a lot of bad news too.
http://msnbc.msn.com/id/3721937/
Answer Desk: Correcting your credit rating
When is a recession not a recession? Why are interest rates so low? Who is Fannie Mae?
MSNBC.com's "Answer Desk" is your guide to business and the economy.
http://msnbc.msn.com/id/3403854/
AT&T freezes manager pay for 2004
Roughly 43,000 managers at AT&T Corp. will not get pay raises next year, a move aimed
at helping the telephone company contend with falling revenues in an industry beset
with price wars and competition from wireless and Internet-based calling.
http://msnbc.msn.com/id/3812412/
FAO deals to sell flagship, Las Vegas stores
Specialty toy retailer FAO Inc. on Friday said it agreed to sell parts of its FAO
Schwarz business, including its flagship store on New York's Fifth Avenue and its Las
Vegas store, to a unit of D.E. Shaw Laminar Portfolios LLC for $20 million.
http://msnbc.msn.com/id/3812411/
Fed's McTeer: 'We have effective price stability'
Federal Reserve Bank of Dallas President Robert McTeer said on Friday that U.S.
inflation was still dormant and until it became a clear danger the central bank could
maintain its current loose monetary policy.
http://msnbc.msn.com/id/3811129/
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