--------------------------------------------------------
Today's Business Headlines - Market Close from MSNBC.com
--------------------------------------------------------
Market Closing Prices
DJIA: 10314.50 -123.35
NASDAQ: 1978.63 -41.80
S&P 500: 1118.09 -17.73
AMEX: 1238.33 -20.44
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
-------------------------------
ADVERTISEMENT
-------------------------------
Get a Faster Internet Connection with MSN Broadband -- Now Available Nationwide!
http://resourcecenter.msn.com/access/broadband/default.asp
-------------------------------
Business
-------------------------------
Greenspan confident in banking system
"Many banks seem to believe that as rates rise - presumably along with greater
economic growth - they can increase lending rates more than they will need to increase
rates paid on deposits," Greenspan said.
http://www.msnbc.msn.com/id/4788838/
Greenspan to unveil latest high-wire act
Federal Reserve Chairman Alan Greenspan will testify twice this week to members of
Congress and may try to rein in expectations of a near-term hike in short-term
interest rates.
http://www.msnbc.msn.com/id/4781644/
Stocks slump amid rate-hike fears
Stocks took a late-session dive Tuesday after Federal Reserve Chairman Alan Greenspan,
confirming investors fears' about higher interest rates, hinted that an increase is
expected.
http://www.msnbc.msn.com/id/3683270/
KKR to buy PanAmSat for $3.55 billion
The terms of the deal -- $23.50 a share in cash -- disappointed some investors who
expected a higher price for the No. 3 U.S. satellite operator, sending PanAmSat shares
down 6 percent.
http://www.msnbc.msn.com/id/4789334/
MCI emerges from bankruptcy
Long distance phone company MCI Inc. ended its 21-month bankruptcy on Tuesday, the
largest in U.S. corporate history, and shed the infamous WorldCom name.
http://www.msnbc.msn.com/id/4785653/
NBC, Vivendi Universal deal gets FTC nod
The Federal Trade Commission will not oppose General Electric's proposed merger its
NBC network with Vivendi Universal Entertainment, GE said Tuesday.
http://www.msnbc.msn.com/id/4789468/
The youngest chief executive officers
McDonald's new chief executive, Charlie Bell, joins a small group of individuals who
have made it to the top of their fields before the age of 45.
http://www.msnbc.msn.com/id/4787767/
Overtime rule changes revised
With an apparent eye on election-year politics, the Bush administration has retrenched
on its plan for a sweeping overhaul of the nation's rules on overtime.
http://www.msnbc.msn.com/id/4788533/
Former Boeing executive pleads guilty
A former Air Force official who later served as a top executive at the Boeing Co.
pleaded guilty Tuesday to conspiring to help the aviation giant obtain a
multibillion-dollar Pentagon contract.
http://www.msnbc.msn.com/id/4787654/
The best 2004 sedans
Forty years ago, speed freaks may have dismissed the term "performance sedan," but
Forbes' list of this year's best sedans includes four of them.
http://www.msnbc.msn.com/id/4782157/
=========================================
This email is never sent unsolicited. You have received this MSNBC Daily Market Close
newsletter because you subscribed to it or, someone forwarded it to you.
To remove yourself from the list (or to add yourself to the list if this
message was forwarded to you) simply go to
http://www.msnbc.com/tools/newstools/e/EmailExtra.asp?nfeature=3
<http://www.msnbc.com/tools/newstools/e/EmailExtra.asp?nfeature=3>
