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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10623.62 +94.96
NASDAQ: 2142.45 -5.53
S&P 500: 1147.62 +8.85
AMEX: 1222.55 +12.30
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Blue chips rally on earnings optimism
The Dow Jones industrial average rallied Wednesday, as investors welcomed upbeat
earnings reports from a handful of financial services companies, but the broad
technology sector slipped after a some disappointing earnings from Lucent Technologies
and Motorola.
http://msnbc.msn.com/id/3683270/
Housing starts rose again in December
U.S. builders broke ground on new homes at a faster-than-expected pace in December,
closing out the best year for housing since 1978 on an upbeat note, a government
report showed on Wednesday.
http://msnbc.msn.com/id/4016574/
FT: Global thirst for U.S. brands unabated
Consumers around the world put aside any ill-feeling about U.S. foreign policy when
they choose their fast food, soft drinks and sports shoes, a Harvard Business School
study has found.
http://msnbc.msn.com/id/4018402/
HealthSouth fraud larger than estimated
HealthSouth Corp. said Tuesday its massive accounting fraud was much larger than
earlier estimates and may have exceeded $4 billion.
http://msnbc.msn.com/id/4016152/
Intel doubles cash dividend to 4 cents a share
Intel Corp. Wednesday said it would double its quarterly cash dividend to four cents a
share from two cents a share beginning in the first quarter.
http://msnbc.msn.com/id/4019568/
AT&T Wireless to set up guidelines for bidders
AT&T Wireless, facing a flood of interest from suitors, has decided to set up a formal
process to collect and review bids, sources familiar with the situation said on
Wednesday.
http://msnbc.msn.com/id/4018968/
RIAA sues 532 alleged music swappers
The recording industry filed lawsuits against 532 music downloaders on Wednesday, the
first lawsuits since a federal court blocked the use of special copyright subpoenas
that identified computer users.
http://msnbc.msn.com/id/4018675/
Forbes: Can Cingular Connect With AT&T Wireless?
As Valentine's Day approaches, even telecom operators show they aren't immune to a
little romance.
http://msnbc.msn.com/id/4017924/
Stewart jury pool seen diverse
Lawyers in the Martha Stewart trial are making their way through a diverse jury pool,
from a man who said the style guru could not be trusted to a woman who looked at her
and said: "I am a huge fan of yours. Good luck."
http://msnbc.msn.com/id/4001355/
Record number of Americans apply for home loans
A record number of Americans filed applications for mortgages to buy homes last week,
an industry trade group said Wednesday, as borrowing rates fell within sight of the
four-and-a-half decade lows reached in June.
http://msnbc.msn.com/id/4017294/
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