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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10139.78 -23.38
NASDAQ: 1883.15 -29.56
S&P 500: 1101.39 -5.30
AMEX: 1272.96 +22.46
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stewart receives 5-month prison term
Martha Stewart was sentenced Friday to five months in prison and five months of home
confinement for lying about a stock sale.
http://www.msnbc.msn.com/id/5444565/
MSO stock soars after Stewart sentencing
Martha Stewart Living Omnimedia Inc. shares soared by about a third Friday after the
company's namesake founder received a lighter-than-expected sentence for lying to
federal prosecutors.
http://www.msnbc.msn.com/id/5451844/
Kmart stands by Martha Stewart's company
Kmart Holding Co. reiterated its loyalty to Martha Stewart's company Friday after the
domestic style maven was sentenced to five months in prison for lying about a stock
sale.
http://www.msnbc.msn.com/id/5452438/
Soft economic data unlikely to faze Greenspan
A month's worth of mildly weak economic data is unlikely to shake Alan Greenspan's
determination to continue raising rates over the next year or so - nor should it,
analysts say.
http://www.msnbc.msn.com/id/5453222/
Stocks retreat despite benign inflation data
Investors, shifting their focus from the economy to a possible second-half profit
slump, sent technology and small-cap stocks sharply lower Friday, giving all three
major indexes their third straight losing week.
http://www.msnbc.msn.com/id/3683270/
Boston Scientific to recall more heart stents
Boston Scientific Corp. on Friday said it is expanding its recall of a popular heart
device because of a malfunction in part of the system.
http://www.msnbc.msn.com/id/5453455/
Boeing settles sex discrimination suit
Boeing Co. said that it will pay up to $72.5 million as part of the settlement of a
2000 lawsuit that accused the aerospace company of gender discrimination.
http://www.msnbc.msn.com/id/5453194/
Consumer prices edged up June
Consumer prices rose a modest 0.3 percent in June, half the size of the previous
month's advance and fresh evidence that inflation poses no immediate threat to the
economy.
http://www.msnbc.msn.com/id/5451139/
PNC agrees to buy troubled Riggs bank
PNC Financial Services Group Inc. announced an agreement Friday to buy Riggs National
Corp. for about $779 million in stock and cash.
http://www.msnbc.msn.com/id/5451203/
Schering-Plough guilty plea, fine expected
Drug maker Schering-Plough Corp. has agreed to pay $350 million in fines and plead
guilty to criminal charges that it cheated the Medicaid health program for the poor,
The New York Times reported on Friday.
http://www.msnbc.msn.com/id/5448530/
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