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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10478.16 +33.43
NASDAQ: 2032.53 -4.24
S&P 500: 1138.15 +2.62
AMEX: 1251.53 +5.28
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Blue-chip stocks notch modest gains
Investors sent blue-chip stocks moderately higher Tuesday, distracted from their
interest rate worries by better-than-expected earnings from Lockheed Martin and R.J.
Reynolds Tobacco Holdings.
http://www.msnbc.msn.com/id/3683270/
IBM shareholders back expensing options
"We intend to expense options once the new accounting rules are effective," Chief
Executive Samuel Palmisano said, reiterating comments from the company's proxy in
which IBM recommended against this proposal and seven others.
http://www.msnbc.msn.com/id/4846299/
Consumer confidence rises in April
Consumer confidence improved strongly in April, helped by a brightening job picture,
the Conference Board reported Tuesday.
http://www.msnbc.msn.com/id/4844380/
Janus near deal in improper-trading case
Regulators are close to a settlement under which Janus Capital Group would pay
approximately $200 million to settle improper mutual fund trading allegations, a
source familiar with the investigation said Tuesday.
http://www.msnbc.msn.com/id/4845908/
U.S. existing home sales surged in March
U.S. home resales jumped more than expected in March to their second-highest pace on
record, as home buyers rushed to take advantage of low mortgage rates, a trade
association report showed on Tuesday.
http://www.msnbc.msn.com/id/4844450/
Quattrone takes stand at retrial
Former star technology banker Frank Quattrone took the witness stand at his retrial
Tuesday and bluntly denied that he obstructed justice by sending an e-mail in 2000
encouraging the destruction of files.
http://www.msnbc.msn.com/id/4845915/
New task force to enforce overtime rights
The Labor Department, facing political pressure over major revisions to overtime pay
rules, has said it will form a new task force to enforce the changes and protect
workers' rights.
http://www.msnbc.msn.com/id/4845419/
Greenspan: Natural gas imports must grow
The United States needs to expand the global trade in natural gas as a way to prevent
future sharp price increases from harming its economy, Federal Reserve Chairman Alan
Greenspan said Tuesday.
http://www.msnbc.msn.com/id/4845905/
Prosecutors widen Boeing investigation
A U.S. federal criminal investigation into Boeing's rocket launch contracts has
expanded, the Wall Street Journal said on Tuesday.
http://www.msnbc.msn.com/id/4843154/
DuPont's first-quarter profit rises
DuPont Co.'s quarterly profit rose on higher sales of farm chemicals and seeds, the
No. 2 U.S. chemicals maker said on Tuesday.
http://www.msnbc.msn.com/id/4843266/
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