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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 9961.92 -0.30
NASDAQ: 1839.02 -10.07
S&P 500: 1084.07 -2.13
AMEX: 1217.90 -15.57
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks end lower amid economic worries
Rising concern over the state of the economy and second-half earnings rattled Wall
Steet Monday, leaving technology stocks slightly lower, as investors mulled a pair of
multibillion-dollar mergers amid more evidence of a disappointing earnings season.
http://www.msnbc.msn.com/id/3683270/
Schwab units may follow CEO out door
Charles Schwab Corp. is expected to go on a selling spree that could see the
pioneering discount brokerage unload U.S. Trust, Schwab SoundView Capital Markets and
its market-maker operations, sources said.
http://www.msnbc.msn.com/id/5518104/
Existing-home sales hit record
Sales and prices of existing U.S. homes jumped to fresh record highs in June as
homebuyers rushed to take advantage of low mortgage rates, a trade association said on
Monday.
http://www.msnbc.msn.com/id/5516962/
Google hopes to raise up to $3.3 billion in IPO
Google Inc., the world's No. 1 Web search provider, said on Monday its highly
anticipated initial public offer could be worth as much as $3.3 billion as it prices
its stock in a range that could value the company at more than $36 billion.
http://www.msnbc.msn.com/id/5516629/
U.S. gasoline prices dip
Gas prices dipped slightly in the past two weeks as refineries finished projects that
temporarily caused a drop in production, an industry analyst said Sunday.
http://www.msnbc.msn.com/id/5511010/
Toyota RAV4 gets top safety ratings
The 2004 Toyota RAV4 got the highest ratings on both front and side crash tests
performed by the insurance industry, but only when tested with its optional side air
bags, according to crash test results released Sunday.
http://www.msnbc.msn.com/id/5517085/
Abbey National OKs Santander takeover
British bank Abbey National PLC on Monday approved a takeover proposal from Spain's
Santander Central Hispano SA which would create the world's eighth-largest bank by
market value.
http://www.msnbc.msn.com/id/5515769/
Talking business with John Kerry
Sen. John Kerry lays out why he's the better bet for U.S. companies.
http://www.msnbc.msn.com/id/5518166/
Mylan Labs to buy King Pharma
Mylan Laboratories said on Monday it agreed to acquire troubled drugmaker King
Pharmaceuticals Inc. for about $4 billion, adding patent-protected brand drugs to
Mylan's generic-drug offerings.
http://www.msnbc.msn.com/id/5515761/
Ex-Boeing CFO to plead guilty in probe
Former Boeing Co. Chief Financial Officer Michael Sears agreed to plead guilty to
conspiring to deceive the U.S. government about negotiations for a contract to provide
the Air Force with refueling jets, according to a report on Sunday by Bloomberg News.
http://www.msnbc.msn.com/id/5515767/
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