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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10314.00 +88.43
NASDAQ: 1938.72 +18.57
S&P 500: 1117.56 +10.26
AMEX: 1215.79 +1.98
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Ex-banker Quattrone found guilty
Frank Quattrone, a star investment banker during the Internet stock bubble, was
convicted Monday of obstructing justice by sending a 22-word e-mail encouraging
colleagues to destroy files.
http://www.msnbc.msn.com/id/4892620/
Stocks rally ahead of Fed meeting
New signs of economic strength sent stocks higher Monday as investors temporarily set
aside their pessimistic view of interest rates and embraced solid earnings and the
pace of the recovery.
http://www.msnbc.msn.com/id/3683270/
Ford posts lower-than-expected April sales
Ford Motor Co. Monday posted a weaker-than-expected 4.6 percent drop in U.S. sales for
April, while some General Motors Corp. dealers said they had very poor sales for the
month.
http://www.msnbc.msn.com/id/4891209/
Construction spending jumps in March
Construction spending registered its best month on record in March, but manufacturing
growth slowed a bit in April, weighed down in part by higher costs for materials.
http://www.msnbc.msn.com/id/4891685/
Manufacturing growth slows in April
The nation's manufacturing sector grew at a slightly slower pace in April, in part
because of escalating costs for materials, an industry group reported Monday.
http://www.msnbc.msn.com/id/4891490/
Healthsouth taps new chief executive
HealthSouth's Board of Directors has elected HCA Jay Grinney to the position of
president and chief executive officer, effective May 10, 2004.
http://www.msnbc.msn.com/id/4893111/
Buffett says inflation 'heating up' in U.S.
Warren Buffett, the world's second wealthiest person, said on Saturday that inflation
was "heating up" in the United States.
http://www.msnbc.msn.com/id/4890438/
Grand jury to probe Coca-Cola
A federal probe of Coca-Cola Co. has intensified as a federal grand jury was scheduled
and regulators subpoenaed employees, The Wall Street Journal said on Monday.
http://www.msnbc.msn.com/id/4890475/
Bill Gates agrees to $800,000 penalty
The world's richest man is out $800,000 for violating federal rules by making a large
investment in a pharmaceutical company.
http://www.msnbc.msn.com/id/4892194/
El Paso reports questionable reserves
Some El Paso Corp. employees used aggressive and unsupportable methods to book natural
gas reserves, the company said on Monday, citing findings from an independent review.
http://www.msnbc.msn.com/id/4890935/
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