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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10314.76 +1.69
NASDAQ: 1910.38 +16.07
S&P 500: 1125.82 +1.90
AMEX: 1246.18 +1.91
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks edge up as profit worries ease
Stocks were edging higher Monday, as investors mulled another technology profit
warning and positive outlooks for third- and fourth-quarter earnings.
http://www.msnbc.msn.com/id/3683270/
US Airways files for bankruptcy again
US Airways Group Inc., the nation's seventh largest airline, filed for bankruptcy
protection Sunday for the second time in two years. The company's president vowed to
restructure the Virginia-based carrier into a low-cost airline.
http://www.msnbc.msn.com/id/5982378/
Time Warner pulls out of MGM bidding war
Time Warner Inc., unable to agree on a price for Metro-Goldwyn-Mayer, has withdrawn
its cash bid for the movie studio. The move came hours after a group of investors led
by Sony Corp. reportedly raised its offer to close to $5 billion, according to the
Wall Street Journal.
http://www.msnbc.msn.com/id/5988231/
Gas prices resume their decline
Gas prices dropped about 2 cents in the past two weeks, reflecting recent drops in the
price of crude oil and plentiful supply, an industry analyst said Sunday.
http://www.msnbc.msn.com/id/5987328/
Oil prices climb on hurricane fears
World oil prices climbed on Monday as companies operating in the U.S. Gulf of Mexico
braced for output disruptions from powerful Hurricane Ivan.
http://www.msnbc.msn.com/id/5612507/
AT&T Wireless to sell stake in cable venture
Canada's largest cable company, Rogers Communications Inc., Monday said it will pay
$1.33 billion for the 34 percent stake in Rogers Wireless Communications Inc. owned by
longtime American partner AT&T Wireless Services Inc.
http://www.msnbc.msn.com/id/5990804/
PIMCO agrees to pay $50 million to SEC
PIMCO Advisors Fund Management Plc, recently renamed PA Fund Management LLC, has
agreed to pay $50 million to settle fraud charges over undisclosed market timing
trades, the U.S. Securities and Exchange Commission said Monday.
http://www.msnbc.msn.com/id/5990125/
Auditor won't sign Krispy Kreme Q2 review
Shares of Krispy Kreme Doughnuts Inc. fell Monday after the company said an
independent auditor refused to sign off on the firm's second-quarter financial
statement until an outside law firm hired by the company's board performed additional
work.
http://www.msnbc.msn.com/id/5990126/
Ad firm WPP clinches bid for U.S. rival Grey
British advertising company WPP said on Sunday it won an auction for U.S. rival Grey
Global, with what sources familiar with the matter said was a cash-and-stock deal
worth about $1.34 billion.
http://www.msnbc.msn.com/id/5987493/
Report: Ex-Qwest CEO may face charges
Former Qwest Communications chief executive Joseph Nacchio reportedly may soon face
civil charges related to improper accounting at the telecommunications company.
http://www.msnbc.msn.com/id/5987607/
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