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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10083.15 +110.32
NASDAQ: 1831.37 +36.12
S&P 500: 1095.17 +13.46
AMEX: 1216.66 +8.01
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks edge higher amid oil prices, Google
Buyers put a positive spin on the equity markets Wednesday, shrugging off rising crude
futures as Google Inc. prepared to bring its stock to market in an initial public
offering, albeit it at a far lower price than previously forecast.
http://www.msnbc.msn.com/id/3683270/
Google lowers its IPO price range
The Internet search giant Google Inc. said on Wednesday it had lowered its estimated
price range to between $85 and $95 per share, down from its earlier forecast of
between $108 and $135 per share.
http://www.msnbc.msn.com/id/5743246/
Oil prices set new record high
Oil prices surged to a new high of $47 a barrel on Wednesday after a new threat by
rebel militia against Iraqi oil facilities and as the United States said inflation had
stayed in check despite rising energy costs.
http://www.msnbc.msn.com/id/5743701/
Janus finalizes settlement over improper trades
Janus Capital Group Inc. said Wednesday it has finalized a $226.2 million settlement
with state and federal regulators over improper trading allegations, part of a scandal
sweeping the $7 million mutual funds industry.
http://www.msnbc.msn.com/id/5744067/
The frenzy for fad diets may be fading
Perhaps we're suffering from diet fatigue, tiring of short-term solutions and making
long-term changes. A new study finds just 9 percent of Americans on a diet, but most
of us say we're learning to cut something out of our diets - carbs or otherwise.
http://www.msnbc.msn.com/id/5688201/
WashPost: Army to pay Halliburton, for now
Only hours after deciding to withhold some payments to Halliburton Co. because of
questions about billing for its work in Iraq, the Army reversed itself Tuesday and
said it would give the giant contractor more time to justify its claims.
http://www.msnbc.msn.com/id/5739751/
Bank of America set to lay off hundreds
Bank of America Corp. plans to lay off hundreds of tellers and other branch employees
at Fleet banks on Wednesday as a result of its merger with FleetBoston Financial
Corp., according to a published report.
http://www.msnbc.msn.com/id/5744041/
Flight caps plan set at O'Hare
United Airlines and American Airlines are offering to support temporary flight caps at
O'Hare International Airport, but they want other carriers also to make schedule cuts
to ease delays.
http://www.msnbc.msn.com/id/5735623/
Cox considers proposal to go private
Cable and high-speed Internet services provider Cox Communications Inc. said Wednesday
that its board formed a special committee of independent directors to consider a
proposal from majority shareholder Cox Enterprises Inc. to take the company private in
a $7.9 billion buyout.
http://www.msnbc.msn.com/id/5744047/
SEC bars some fund payments to brokers
The U.S. Securities and Exchange Commission barred U.S. mutual funds on Wednesday from
channeling brokerage commissions toward Wall Street firms based on their promotion of
the funds' shares.
http://www.msnbc.msn.com/id/5747291/
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