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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10410.10 +41.66
NASDAQ: 1999.87 +9.26
S&P 500: 1136.47 +5.14
AMEX: 1199.29 +3.81
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Martha Stewart attorneys seek new trial
Attorneys for Martha Stewart are making the case for a new trial. The effort is based
on charges that a government witness at her trial allegedly committed perjury.
http://www.msnbc.msn.com/id/5182967/
Upbeat employment picture lifts stocks
Wall Street ended a shortened trading week on a positive note Thursday, as investors
welcomed a steady unemployment picture and sent stocks modestly higher.
http://www.msnbc.msn.com/id/3683270/
Economist survey ramps up U.S. growth
Top U.S. forecasters have bumped up economic growth and inflation forecasts for this
year and predicted the Federal Reserve will raise interest rates several times by
early 2005, a survey out on Thursday showed.
http://www.msnbc.msn.com/id/5180516/
Oil demand growth seen at 24-year high
Global economic expansion is fuelling the biggest increase in world oil demand for 24
years but extra supply from producing nations is gradually replenishing consumers'
stocks, the International Energy Agency (IEA) said on Thursday.
http://www.msnbc.msn.com/id/5180521/
Jobless claims rose last week
The number of new people signing up for unemployment benefits rose last week. But even
with the increase, claims are still hovering at a level that points to a recovery in
the jobs market.
http://www.msnbc.msn.com/id/5180808/
P&G affirms profit forecasts
Procter & Gamble Co. on Thursday said it is comfortable with analysts' average
estimate for earnings in the current quarter, which calls for an 11.5 percent increase
in earnings per share.
http://www.msnbc.msn.com/id/5180503/
Spitzer aide hired by Bear Stearns
Bear Stearns on Wednesday joined rival Morgan Stanley in recruiting talent from the
office of Eliot Spitzer when the U.S. investment bank hired Beth Golden, a deputy to
the New York State attorney general, as global head of compliance.
http://www.msnbc.msn.com/id/5182612/
Is May paying too much for Marshall Field's?
May Department Stores Co. has beaten arch rival Federated Department Stores Inc. in
the battle to acquire Target Corp's Marshall Field's unit, but analysts say the Lord &
Taylor stores owner may be overpaying.
http://www.msnbc.msn.com/id/5181383/
Ex-Mitsubishi Motors president arrested
Katsuhiko Kawasoe, the former president of scandal-plagued Mitsubishi Motors Corp.,
was arrested Thursday on charges related to a cover-up of auto defects suspected in a
fatal accident, the Japanese automaker said.
http://www.msnbc.msn.com/id/5180522/
Bush-onomics in a post-Reagan world
The death of former President Reagan has triggered fresh debate over an economic
legacy that has inspired a generation of policy-makers, including many behind
President Bush's "supply side" strategy of cutting taxes to boost growth.
http://www.msnbc.msn.com/id/5174044/
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