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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10579.03 -14.00
NASDAQ: 2060.57 -3.44
S&P 500: 1139.81 -2.95
AMEX: 1227.08 +3.68
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks end lower after choppy session
Stocks closed Monday's choppy session lower, as investors looked for a direction amid
a lack of earnings and mulled a merger between Netscreen Technologies and Juniper
Networks.
http://www.msnbc.msn.com/id/3683270/
Social Security costs seen raising U.S. debt
President George W. Bush's economic advisers said on Monday that an overhaul of Social
Security favored by the administration would sharply increase the nation's debt load
in the next several decades.
http://www.msnbc.msn.com/id/4221564/
Juniper buying network-security provider
Juniper Networks Inc. said Monday it has agreed to acquire network-security software
maker NetScreen Technologies Inc. for about $3.5 billion in stock.
http://www.msnbc.msn.com/id/4222147/
Stewart lawyers question star witness
The star witness against Martha Stewart testified Monday that he did not believe he
was doing anything wrong when he gave her a tip that led her to dump stock in 2001.
http://www.msnbc.msn.com/id/4221783/
GM recalls over 600,000 mid-size SUVs
General Motors Corp. is recalling about 636,000 sport utility vehicles from model
years 2002 and 2003 to repair faulty windshield wiper equipment that has caused at
least two accidents, the automaker said Monday.
http://www.msnbc.msn.com/id/4223098/
Circuit City shutting 19 stores, cutting jobs
The 19 stores, spread across 15 states, had combined revenue of $151 million in the 12
months ended Dec. 31, a company statement said. A Circuit City spokesman added that
the closures would affect about 360 full-time jobs and some 500 part-time employees.
http://www.msnbc.msn.com/id/4224126/
USDA ends probe of first U.S. mad cow case
The end of the probe is an important step in the Bush administration's efforts to
persuade trading partners to resume purchases of American beef.
http://www.msnbc.msn.com/id/4223375/
Wholesale inventories rise
Inventories at U.S. wholesalers posted their largest rise in a year in December, the
Commerce Department said Monday, indicating that U.S. businesses were gearing up for
strong growth ahead.
http://www.msnbc.msn.com/id/4222965/
Kozlowski defense may not call witnesses
The defense for former Tyco International CEO L. Dennis Kozlowski may rest without
calling any witnesses, but his codefendant, former CFO Mark Swartz, is expected to
testify, Kozlowski's lawyer said Monday.
http://www.msnbc.msn.com/id/4223079/
PeopleSoft urges Oracle bid rejection
Software provider PeopleSoft Inc. Monday advised its shareholders to reject a
sweetened $9.4 billion takeover offer from rival Oracle Corp. , setting the stage for
a contentious board battle at PeopleSoft's shareholder's meeting next month.
http://www.msnbc.msn.com/id/4220997/
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