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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10109.18 -135.75
NASDAQ: 1885.71 -35.47
S&P 500: 1113.56 -15.74
AMEX: 1254.68 -7.65
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Wall Street debates election's effects
There's at least one part of America where the political tilt is firmly to the right:
Wall Street.
http://www.msnbc.msn.com/id/6002228/
Stocks drop on earnings worries
Disappointing earnings from Morgan Stanley and oil prices topping $48 per barrel sent
stocks sharply lower Wednesday as investors moved to protect their recent gains.
http://www.msnbc.msn.com/id/3683270/
Interstate Bakeries files for bankruptcy
Interstate Bakeries Corp. filed for bankruptcy Wednesday after struggling with more
than $1.3 billion in debt and weak demand for bread products amid the popularity of
low-carbohydrate diets.
http://www.msnbc.msn.com/id/6070188/
Oil prices rocket past $48 a barrel
Oil prices climbed to within a dollar of a new record Wednesday after the U.S.
government reported a big decline in oil stockpiles because of disruptions from
Hurricane Ivan.
http://www.msnbc.msn.com/id/5612507/
Pilot pay to be cut under US Airways' proposal
US Airways pilots would take pay cuts totaling 19.5 percent and senior officers could
lose job protections under a new proposal advanced by the cash-strapped company, which
is now flying under bankruptcy protection.
http://www.msnbc.msn.com/id/6070190/
Quattrone asks to stay out of prison
Former star investment banker Frank Quattrone asked a federal appeals court Wednesday
to let him stay out of prison while he appeals his conviction on obstruction of
justice charges.
http://www.msnbc.msn.com/id/6071157/
U.S. finds problems with Fannie Mae's books
A U.S. government review into the nation's No. 1 mortgage finance company, Fannie Mae
, has unearthed inappropriate accounting practices and called into doubt past
financial results, the company's board said Wednesday.
http://www.msnbc.msn.com/id/6070704/
Ex-Computer Associates top boss indicted
Former Computer Associates International Inc. chairman and chief executive Sanjay
Kumar has been charged with securities fraud, conspiracy and obstruction of justice in
connection with a multibillion dollar accounting scandal at the software company.
http://www.msnbc.msn.com/id/6070199/
Morgan Stanley earnings fall sharply
U.S. investment bank Morgan Stanley Wednesday said quarterly profit fell 34 percent
amid reduced trading revenue, reflecting the impact of sluggish markets this summer.
http://www.msnbc.msn.com/id/6070408/
FedEx profit more than doubles
FedEx Corp. said Wednesday that its first-quarter earnings more than doubled, helped
by a strengthening worldwide economy and expansion of its international express and
ground shipping businesses.
http://www.msnbc.msn.com/id/6070568/
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