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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10117.07 +31.93
NASDAQ: 1858.26 -10.84
S&P 500: 1095.42 +0.59
AMEX: 1226.61 +5.10
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Growth rates patchy in June, early July - Fed
The American economy moved ahead in June and the first part of July but the pace of
growth varied by geography, the Federal Reserve said on Wednesday in its "beige book"
economic report.
http://www.msnbc.msn.com/id/5539264/
Durable goods orders miss expectations
After falling for two months, orders to U.S. factories for big-ticket durable goods
rose 0.7 percent in June, the Commerce Department reported Wednesday.
http://www.msnbc.msn.com/id/5536676/
Wall Street sags amid data, earnings
Stocks sagged Wednesday as investors focused on soaring oil prices and
lower-than-expected durable goods orders, shrugging off strong earnings from Boeing
Co. and Time Warner Inc.
http://www.msnbc.msn.com/id/3683270/
U.S. crude prices soar to 21-year highs
Oil prices pushed toward fresh 21-year highs on Wednesday after bailiffs ordered
beleaguered Russian oil giant Yukos to stop sales, threatening further strain on tight
international supplies.
http://www.msnbc.msn.com/id/5536952/
New applications for U.S. mortgages rise
New applications for U.S. mortgages climbed last week for the first time in three
weeks as most mortgage interest rates increased, an industry group said Wednesday.
http://www.msnbc.msn.com/id/5536993/
Halliburton unit wins U.S. Navy contract
Halliburton Co.'s engineering unit KBR was awarded a contract worth up to $500 million
to provide private sector construction and related services to the U.S. Navy and other
defense department agencies, the company said Tuesday.
http://www.msnbc.msn.com/id/5537472/
Wall Street brokerages settle bond case
Four Wall Street firms are paying $5 million each in fines and restitution to
investors they allegedly overcharged for corporate bonds under settlements with
securities regulators announced Wednesday.
http://www.msnbc.msn.com/id/5535801/
Time Warner reports decline in earnings
Time Warner Inc. reported a 27 percent decline in net earnings for the second quarter
Wednesday compared with the same period a year ago, when the company recorded large
gains from the sale of Comedy Central and a settlement with Microsoft Corp. But
profits still came in ahead of expectations.
http://www.msnbc.msn.com/id/5535486/
Boeing posts higher profit, lifts outlook
Boeing Co. reported a better-than-expected $607 million profit for the second quarter
and raised its earnings estimates for the rest of this year and next, buoyed in part
by an improving outlook for the long-stagnant commercial airplane business.
http://www.msnbc.msn.com/id/5536866/
Wyeth wins diet drug case, settles another
A Pennsylvania jury has decided lawsuits filed against a New Jersey drug maker by two
former users of the diet drug Pondimin.
http://www.msnbc.msn.com/id/5535622/
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