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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10638.32 +95.10
NASDAQ: 2148.50 +20.43
S&P 500: 1198.68 +10.68
AMEX: 1399.05 +6.97
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks rally on Oracle-PeopleSoft deal
Investors welcomed the end of Oracle Corp.�?Ts 18-month battle to take over
PeopleSoft Inc., pushing stocks substantially higher Monday. A
better-than-expected survey of retail sales also helped the markets.
http://msnbc.msn.com/id/3683270/
Oracle to acquire PeopleSoft for $10.3 billion
Oracle Corp. announced Monday that it has signed a definitive merger agreement
to acquire PeopleSoft Inc. for approximately $10.3 billion.
http://msnbc.msn.com/id/6705516/
Fed expected to raise rates another quarter-point
Federal Reserve Chairman Alan Greenspan and his central bank colleagues are
widely expected to raise short-term interest rates for a fifth and final time
this year Tuesday.
http://msnbc.msn.com/id/6707990/
NBC: Sticker shock for Americans in Europe
Across Europe, the weak dollar is hitting Americans where it counts, � in the
wallet. With both the British pound and the euro� stronger against the dollar
than they have ever been, NBC News Preston Mendenhall reports on the sticker
shock.
http://msnbc.msn.com/id/6706187/
Britons flock to U.S. for holiday shopping deals
As the United Kingdom rings in the holiday season, British shoppers are looking
to Macy�?Ts and Bloomingdales for their stocking stuffers. MSNBC's Jennifer
Carlile reports.
http://msnbc.msn.com/id/6698656/
Ford to kill mammoth Excursion next year �?" source
Ford Motor Co. will kill off the Ford Excursion, its largest sport utility
vehicle and a lightning rod for criticism from environmental groups, next year,
a source familiar with the plan said on Monday.
http://msnbc.msn.com/id/6707145/
Cardinal Health to slash 4,200 jobs
Cardinal Health Inc. plans to cut 4,200 jobs, or about 7 percent of its work
force, and close 25 offices as part of a three-year restructuring plan, the
company said Monday.
http://msnbc.msn.com/id/6706329/
Oil prices hover near $41 a barrel
Crude oil traded near $41 a barrel Monday as analysts weighed perceptions of a
glut in the world market, concerns that OPEC�?Ts planned production cutback
would most affect Asian markets and the arrival of the U.S. winter.
http://msnbc.msn.com/id/5612507/
DaimlerChrysler, GM ink hybrid-engine deal
GM and DaimlerChrysler are teaming up to develop fuel-saving hybrid engines in
hopes of cashing in on an expanding market already dominated by hybrid leaders
Toyota and Honda.
http://msnbc.msn.com/id/6705895/
SEC won�?Tt punish Global Crossing founder
The U.S. market regulator has decided not to file civil charges against Global
Crossing Ltd.�?Ts founder, Gary Winnick, or fine him $1 million over the
firm�?Ts questionable accounting practices, the Wall Street Journal reported on
Monday.
http://msnbc.msn.com/id/6706430/
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