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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10173.92 +51.40
NASDAQ: 1838.10 +1.61
S&P 500: 1104.24 +5.09
AMEX: 1232.41 +8.08
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks struggle after confidence data
A disappointing reading of U.S. consumer confidence overshadowed another slide in oil
prices Tuesday, sending U.S. stock indices lower in light trading volume.
http://www.msnbc.msn.com/id/3683270/
Consumer confidence shaken
Consumer confidence, which had been on the rise since April, declined unexpectedly
sharply in August, a private research group said Tuesday.
http://www.msnbc.msn.com/id/5875889/
Sanctions OK'd against U.S. in trade row
World Trade Organization arbitrators Tuesday authorized the European Union and other
leading U.S. trade partners to impose sanctions against the United States in response
to antidumping rules.
http://www.msnbc.msn.com/id/5875984/
Crude oil prices continue slide
World oil prices fell again on Tuesday as Iraq restored oil exports and hedge funds
continued the rush to take profits from record highs.
http://www.msnbc.msn.com/id/5612507/
NBC: Buzzer kicks off trading on Iraqi stock exchange
It may not have the familiar chime of the New York Stock Exchange bell, but the
modified door buzzer that opens Baghdad's bourse represents Iraq's best hope for
economic recovery. NBC News' Preston Mendenhall reports from Baghdad on the Iraq Stock
Exchange a month into trading.
http://www.msnbc.msn.com/id/5817244/
Swiss bank UBS buying Schwab unit
Swiss banking giant UBS AG announced Tuesday that it is buying the capital markets
division of discount brokerage Charles Schwab Corp. in a $265 million bid to become
one of the top traders on the NASDAQ exchange.
http://www.msnbc.msn.com/id/5875012/
Alitalia could cut up to 7,000 jobs -sources
Italy's Alitalia aims to slash about a third of its more than 20,000-strong work force
and move another third into a spin-off company under a do-or-die rescue plan for the
flag airline, union sources said on Tuesday.
http://www.msnbc.msn.com/id/5877478/
Redskins owner buys stake in Six Flags
Daniel Snyder, owner of the Washington Redskins football team, bought an 8.8 percent
stake in Six Flags Inc. and said he hopes to influence management to maximize the
amusement park operator's value, perhaps through a merger or sale, a securities filing
shows.
http://www.msnbc.msn.com/id/5875004/
Sources: Harrah's, Caesars to sell casinos
Harrah's Entertainment Inc. and Caesars Entertainment Inc. have begun negotiations to
sell four casinos to a group led by a real estate investment company, a move intended
to help reduce antitrust concerns involving their recent merger agreement, two sources
familiar with the negotiations said Monday.
http://www.msnbc.msn.com/id/5875008/
National Grid Transco sells four gas piplines
The British power and gas system operator National Grid Transco PLC has sold four
regional natural gas distribution networks and will return $3.6 billion to its
shareholders, the company said Tuesday.
http://www.msnbc.msn.com/id/5875953/
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