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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10397.46 +19.51
NASDAQ: 2002.17 -22.68
S&P 500: 1128.84 +0.67
AMEX: 1232.88 -0.94
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Renewed rate worries dog Wall Street
Rising interest rates dogged Wall Street again Thursday, pressuring the main U.S.
stock indices despite better-than-expected earnings from Apple Computer Inc. and
Citigroup.
http://www.msnbc.msn.com/id/3683270/
More time needed for figuring taxes, IRS predicts
Taxpayers need 28 1/2 hours to complete an average tax return with itemized
deductions and income reported from dividends, interest and capital gains, the
government estimated.
http://www.msnbc.msn.com/id/4749056/
Attitude shift hits CEOs in pocketbook
After a year that saw a surge in corporate profits and stock prices, hundreds of elite
executives are reaping the rewards in the form of salary increases and sharply higher
bonuses.
http://www.msnbc.msn.com/id/4741595/
Jobless claims jump by 30,000
The number of Americans filing new claims for unemployment benefits, after having
fallen to the lowest level in four years, shot up last week by the biggest amount
since late 2002. The new report dealt a setback to hopes that the economy is finally
beginning to produce a sustained recovery in jobs.
http://www.msnbc.msn.com/id/4748744/
Mortgage rates climb on fears of Fed move
Thirty-year mortgage rates rose to their highest average since December. Freddie Mac
said the increase was due to economic strength that could prompt the Fed to hike
interest rates.
http://www.msnbc.msn.com/id/4749760/
Citigroup quarterly profit rises 29 percent
Citigroup Inc. on Thursday said first-quarter profit rose 29 percent, more than
analysts expected, on double-digit growth in consumer and investment banking and all
other major product lines.
http://www.msnbc.msn.com/id/4746212/
PepsiCo says quarterly earnings rise
PepsiCo Inc. reported a 15 percent rise in quarterly profit on Thursday on strength in
some of its biggest brands such as Pepsi-Cola and Lay's potato chips.
http://www.msnbc.msn.com/id/4746214/
RealNetworks pursues alliance with Apple
Internet media company RealNetworks is pursuing a digital music alliance with Apple
Computer, the New York Times said on Thursday.
http://www.msnbc.msn.com/id/4748746/
Chrysler looks to new models to lift sales
Chrysler, the US unit of German carmaker DaimlerChrysler, said on Wednesday it
expected the launch of nine new products this year to lift sales in the second quarter.
http://www.msnbc.msn.com/id/4750469/
EnCana to buy Tom Brown for $2.7 billion
EnCana Corp., the largest independent oil and gas producer in North America, on
Thursday said it would acquire western U.S. energy producer Tom Brown Inc. for $2.7
billion in cash.
http://www.msnbc.msn.com/id/4748753/
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