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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10622.88 +25.05
NASDAQ: 2090.00 -1.24
S&P 500: 1187.89 +4.15
AMEX: 1387.97 +2.12
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks advance despite retailers�?T data
Investors, eager for a rebound in equities, pushed stock indices mostly higher
Thursday, despite a sharp rise in weekly unemployment claims and mixed holiday
sales reports from the nation�?Ts retailers.
http://msnbc.msn.com/id/3683270/
Housing sector shows few signs of slowing
After yet another record year, housing industry executives once again are
cautioning that sales are likely to decline at least modestly in the year ahead.
http://msnbc.msn.com/id/6791955/
Mortgage rates ring in new year by edging lower
Mortgage rates around the country moved lower this week, marking a good start
to a new year of home buying.
http://msnbc.msn.com/id/5899422/
2005 shaping up as a year of big deals
Remember the urge to merge? Quelled since 2000, it's coming back. In the last
quarter of 2004, deals for U.S. companies came at a trillion-dollar-a-year pace
�?" and more are in store. Companies are looking to mergers again to cut costs,
boost efficiency, and extend their reach.
http://msnbc.msn.com/id/6789402/
Retailers report decent December sales
Last-minute shoppers gave the nation's retailers a generally solid holiday
season, with some apparel retailers and discounters enjoying particularly
robust sales.
http://msnbc.msn.com/id/6793897/
Judge cancels pact between machinists, US Air
A bankruptcy judge on Thursday canceled a collective bargaining agreement
between US Airways and its machinists union, providing hundreds of millions of
dollars in annual savings that the airline says will prevent the need for a
quick liquidation.
http://msnbc.msn.com/id/6791507/
United pilots ratify cost-cutting contract
United Airlines' pilots overwhelmingly ratified a new cost-cutting contract,
giving the carrier an important victory Thursday as it worked to secure
agreements from all its unions on the eve of a self-imposed deadline.
http://msnbc.msn.com/id/6795284/
American to match much of Delta�?Ts fare cuts
American Airlines, the nation�?Ts largest carrier, is matching most of the
sweeping changes Delta Air Lines made to its fare structure, which includes
eliminating Saturday-night stay requirements and lowering last-minute fares, an
industry source familiar with the move said Thursday.
http://msnbc.msn.com/id/6794534/
Oil prices rise above $45 a barrel
Crude oil futures prices shot above $45 a barrel Thursday after an initial
spurt of buying created momentum that forced investors who had been expecting
lower prices to cover their bets.
http://msnbc.msn.com/id/5612507/
Disney moves to split chairman, CEO roles
The board of The Walt Disney Co. has amended its corporate governance
guidelines to officially separate the offices of chairman and chief executive,
a move hailed by corporate governance advocates who pushed for the change.
http://msnbc.msn.com/id/6795761/
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