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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10479.57 +84.50
NASDAQ: 2020.98 +26.83
S&P 500: 1144.04 +9.63
AMEX: 1255.85 +24.14
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Markets meander in listless trading
The stock market drifted in and out of positive territory Wednesday, but investors
still seemed reluctant to make big decisions ahead of a key Federal Reserve meeting
and the hand-over of power in Iraq next week.
http://www.msnbc.msn.com/id/3683270/
UAL scales back request for federal aid
United Airlines has filed a scaled-down request for government assistance in a
last-ditch try to tap into a loan guarantee program created to help the airline
industry after the 2001 terrorist attacks.
http://www.msnbc.msn.com/id/5261670/
Iraqi oil shipments resume to Turkey
Iraqi engineers said Wednesday they had resumed pumping crude oil through an export
pipeline damaged by insurgents last month.
http://www.msnbc.msn.com/id/5277384/
U.S. bank economists see gradual rate hikes
The American Bankers Association on Wednesday forecast strong U.S. job growth and
moderate inflation, and said the Federal Reserve would likely raise interest rates a
quarter of a percentage point at its meeting next week.
http://www.msnbc.msn.com/id/5278113/
GM moving Asia headquarters to Shanghai
General Motors said Wednesday it will move its Asia-Pacific headquarters from
Singapore to Shanghai, reflecting the importance of China's fast-growing car market.
http://www.msnbc.msn.com/id/5276485/
U.S. mortgage applications up slightly
Applications for U.S. loans to buy homes rose slightly last week amid a marginal drop
in U.S. mortgage rates, an industry group said on Wednesday.
http://www.msnbc.msn.com/id/5276457/
FedEx profits jump 47 percent
FedEx Corp. reported Wednesday that fourth-quarter earnings rose 47 percent on strong
demand for transportation services.
http://www.msnbc.msn.com/id/5277262/
AT&T to stop competing for some customers
AT&T Corp., the biggest U.S. long-distance carrier, said on Wednesday it would stop
competing for local and long-distance residential customers in seven states after a
court threw out regulations giving it cheap access to the dominant local telephone
networks.
http://www.msnbc.msn.com/id/5277931/
$10 million penalty for Gemstar-TV Guide
Gemstar-TV Guide International Inc. has agreed to pay $10 million penalty to settle a
lawsuit brought by the SEC on accusations that the company overstated revenue from
1999 through 2002.
http://www.msnbc.msn.com/id/5279300/
FTC approves merger of RJR, B&W
The Federal Trade Commission on Tuesday gave the green light to a marriage of the
nation's No. 2 and No. 3 tobacco companies, R.J. Reynolds Tobacco Co. and Brown &
Williamson Tobacco Corp.
http://www.msnbc.msn.com/id/5271950/
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