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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10098.63 +25.58
NASDAQ: 1836.89 -1.81
S&P 500: 1096.19 +0.51
AMEX: 1213.73 -6.12
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks trade mixed in light trading
Stocks were mixed in light trading Tuesday as investors, still stunned by oil's recent
record highs, largely stayed out of the market. Tech stocks suffered following a
brokerage downgrade of Cisco Systems Inc.
http://www.msnbc.msn.com/id/3683270/
Belief in brands, but wallets are closing
While the nation's consumers gave record-high marks last quarter to the goods and
services they buy, according to data released Tuesday by the American Customer
Satisfaction Index, that didn't necessarily inspire them to open their wallets and
spend.
http://www.msnbc.msn.com/id/5799741/
Crude falls to $45 as Iraq flow rises
Oil prices fell sharply to $45 Tuesday, extending losses to a third day as a more
optimistic Iraq export picture helped unwind some of the supply worries that have
lifted the market to historic levels.
http://www.msnbc.msn.com/id/5612507/
U.S. existing home sales fall in July
Sales of existing U.S. homes fell more than expected in July, as the housing market
took a breather from its record-toppling run, a trade association report showed
Tuesday.
http://www.msnbc.msn.com/id/5807014/
Citigroup to acquire First American Bank
Citigroup Inc., which long has sought to expand its retail banking operations to
Texas, said Tuesday that it is acquiring the First American Bank of Bryan, Texas.
http://www.msnbc.msn.com/id/5807138/
Forbes: The best of the best cars
In an age in which one has to look hard to find poorly made cars price is a way to
keep score of who is building the best, most sought-after cars.
http://www.msnbc.msn.com/id/5807620/
Telecoms ask court to block new FCC rules
Verizon and Qwest asked a federal court to block temporary rules by the FCC forcing
the companies to lease phone lines to rivals for at least another six months.
http://www.msnbc.msn.com/id/5808085/
Japanese banks vie for UFJ Holdings
Sumitomo Mitsui Financial Group Inc. laid out a $29 billion bid for UFJ Holdings on
Tuesday, challenging a rival offer by Mitsubishi Tokyo Financial Group to form the
world's biggest bank.
http://www.msnbc.msn.com/id/5805923/
H.J. Heinz reports drop in quarterly profit
Ketchup maker H.J. Heinz Co. Tuesday reported a 9 percent drop in quarterly profit
after spinning off some brands, but demand for new items like Ore-Ida Extra Crispy
fries helped to boost sales.
http://www.msnbc.msn.com/id/5805706/
Anti-Kerry book pinches Barnes & Noble
Barnes & Noble Inc. said Monday it has been pinched by strong demand for a new book
that questions the Vietnam-era actions of Democratic presidential candidate John Kerry.
http://www.msnbc.msn.com/id/5807200/
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