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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10468.37 -141.55
NASDAQ: 2077.37 -38.67
S&P 500: 1128.48 -15.57
AMEX: 1208.05 -10.60
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Fed holds interest rates steady
Federal Reserve Chairman Alan Greenspan and his colleagues left a key short-term
interest rate unchanged Wednesday at a 46-year low after new evidence that the economy
is creating few new jobs.
http://msnbc.msn.com/id/4086543/
Stocks drop after Fed alters rate wording
Stock indices fell sharply Wednesday, as Wall Street debated the meaning of the U.S.
Federal Reserve's decision to leave a key interest rate unchanged at a four-decade low
and slightly change the wording of its customary policy statement.
http://msnbc.msn.com/id/3683270/
Exxon told to pay $4.5 bln for Valdez spill
A federal judge in Alaska has ordered Exxon Mobil to pay punitive damages plus
interest because of the 1989 Exxon Valdez oil tanker spill.
http://msnbc.msn.com/id/4088472/
Durable goods orders flat in December
Orders for big-ticket goods were flat in December after taking a dive in November,
highlighting the struggles America's manufacturers are encountering as they try to get
on firm footing.
http://msnbc.msn.com/id/4085265/
New home sales slowed last month
Sales of new U.S. homes fell unexpectedly in December as the strongest home-selling
year on record ended with a whimper, a government report showed on Wednesday.
http://msnbc.msn.com/id/4086196/
Telemarketers forced to identify themselves
Starting Thursday, if you have Caller ID you'll know when a telemarketer is trying to
reach you. That's when Federal Trade Commission regulations kick in requiring
telemarketing firms to identify themselves.
http://msnbc.msn.com/id/4088332/
Putnam tops worst-selling fund list ... again
Putnam, a unit of insurance broker Marsh & McLennan Cos. Inc., had outflows of $4.7
billion for the month of December, bringing the total for the year to $28.9 billion.
http://msnbc.msn.com/id/4087798/
McDonald's to sell adult Happy Meals U.S.-wide
McDonald's Corp. expects to take its Go Active! Happy Meal for grown-ups national
later this year, as it responds to demand for healthier options on its menu, its top
marketing executive said on Wednesday.
http://msnbc.msn.com/id/4088818/
Time Warner posts quarterly profit
Time Warner Inc., the world's largest media company, on Wednesday reported a
fourth-quarter profit, reversing a year-earlier loss, led by strong film and cable
television results.
http://msnbc.msn.com/id/4084956/
Altria reports fourth-quarter profit
Tobacco and food giant Altria Group Inc.'s fourth-quarter earnings rose 20 percent
from a year ago, boosted by improved results in its domestic tobacco business and
gains in its international business thanks to the weak dollar.
http://msnbc.msn.com/id/4087289/
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