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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10627.85 -66.22
NASDAQ: 2053.56 -20.05
S&P 500: 1145.81 -6.30
AMEX: 1243.55 -4.80
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks slump after downbeat data
Stock prices ended lower Friday, ahead of the President's Day holiday weekend, amid
reports of an all-time record U.S. trade deficit and a surprising drop in U.S.
consumer confidence.
http://www.msnbc.msn.com/id/3683270/
Big deals seen reinvigorating Wall Street
Comcast's $54-billion, hostile bid to acquire entertainment giant Walt Disney earlier
this week has investors wondering if a long-awaited resurgence in corporate mergers
and takeovers is taking root and asking which sectors, if any, are now ripe for
consolidation.
http://www.msnbc.msn.com/id/4250064/
White House job comments touch a nerve
White House chief economic adviser Greg Mankiw found himself on the hot seat this week
as he discovered exactly how sensitive the issue of jobs will be in this presidential
election year.
http://www.msnbc.msn.com/id/4263244/
Ex-Enron CEO Skilling to be indicted
Federal prosecutors are preparing criminal charges against former Enron Corp. chief
executive Jeffrey Skilling for an indictment that could come as early as next week,
sources close to the case said Friday.
http://www.msnbc.msn.com/id/4262188/
Consumer sentiment falls sharply in Feb.
U.S. consumer sentiment fell sharply through mid-February as people turned cautious
about the economy, a survey released on Friday showed.
http://www.msnbc.msn.com/id/4262097/
U.S. import-export gap at record high
The United States registered a record $489.4 billion trade deficit for 2003 as a
rebounding U.S. economy strengthened Americans' appetites for a wide range of
foreign-made goods, including cars, clothing and TVs.
http://www.msnbc.msn.com/id/4261736/
Stewart prosecution dealt blow
Martha Stewart's lawyer sought Wednesday to discredit the testimony of a government
investigator who quizzed the domestic entrepreneur about her sale of ImClone Systems
stock.
http://www.msnbc.msn.com/id/4221783/
AT&T Wireless bids readied
The world's top wireless operator Vodafone Group Plc and U.S. rival Cingular are
poised to go head-to-head in a $30 billion-plus battle to take control of AT&T
Wireless just hours before a bid deadline on Friday.
http://www.msnbc.msn.com/id/4261481/
OPEC quota-busting seen continuing
OPEC members so far show no sign of meeting their pledge to stop 1.5 million barrels
per day of over-production, with March crude allocations to key customers unchanged
from those for February, traders said on Friday.
http://www.msnbc.msn.com/id/4261503/
Tanzi lawyer quits as Parmalat probe spreads
A lawyer for the former head of Parmalat quit on Friday after being included himself
in an investigation into money laundering, the latest casualty in a global probe into
a massive accounting scandal at the food firm.
http://www.msnbc.msn.com/id/4261499/
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