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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10759.43 +97.83
NASDAQ: 2150.91 +23.06
S&P 500: 1205.43 +10.78
AMEX: 1411.92 -2.65
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Dow storms to three-and-a-half year high
Strong earnings from a pair of Wall Street stalwarts and a brokerage upgrade of
Intel Corp. pushed U.S. stock indices sharply higher Tuesday, with the Dow
Jones industrial average closing at its highest level in three and a half years.
http://msnbc.msn.com/id/3683270/
Wall Street toasts a spurt in M&A activity
If you�?Tve heard the sound of champagne corks popping in lower Manhattan in
recent weeks, it may not have too much to do with this year�?Ts holiday
celebrations. Instead, investment bankers are most likely celebrating one of
the most remarkable explosions in corporate deal-making in years.
http://msnbc.msn.com/id/6741209/
FAA seeking more air traffic controllers
The FAA plans to hire 12,000 air traffic controllers over 10 years amid a wave
of expected retirements in the industry, the Wall Street Journal reported
Tuesday.
http://msnbc.msn.com/id/6741714/
IAC/InterActiveCorp to split into two firms
IAC/InterActiveCorp, the Internet travel, retailing and ticketing company
controlled by entertainment mogul Barry Diller, announced Tuesday that it will
separate into two publicly traded companies.
http://msnbc.msn.com/id/6741112/
Putin defends Yukos auction
President Vladimir Putin said Tuesday that the auction of Yukos�?T main
operating unit was conducted in accordance with Russian law and that the
Chinese state oil company might be involved in the future operations of the
unit.
http://msnbc.msn.com/id/6735044/
Washington Post to buy Slate magazine
Microsoft Corp. sold its popular Slate online magazine Tuesday to The
Washington Post Co., a move that makes Slate�?Ts political commentary and
quirky feature articles more broadly available across the Internet.
http://msnbc.msn.com/id/6741936/
Diet soda could soon outsell regular
Still think the cola wars are about Coke vs. Pepsi? These days the carbonated
beverage battleground is diet vs. regular, and it's looking increasingly as
though the lightweight could flatten its full-calorie cousin.
http://msnbc.msn.com/id/6742913/
Toyota aims to sell more than 8 million cars
Japan's top automaker Toyota hopes to sell more than 8 million vehicles
worldwide next year and plans to introduce a hybrid version of its luxury sedan
Lexus GS in 2006, company executives said Tuesday.
http://msnbc.msn.com/id/6741147/
Morgan Stanley, Bear Stearns profits rise
Morgan Stanley and Bear Stearns Cos. Inc., two of Wall Street's biggest
securities firms, on Tuesday said their fourth-quarter profits rose as a flurry
of mergers and a year-end stock rally boosted investment banking fees.
http://msnbc.msn.com/id/6742177/
Tenet to settle litigation for $395 million
Tenet Healthcare Corp. said on Tuesday it has agreed pay $395 million to settle
a lawsuit with patients claiming one of its hospitals performed unnecessary
heart surgeries.
http://msnbc.msn.com/id/6741518/
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