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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10749.61 +85.50
NASDAQ: 2053.10 +0.55
S&P 500: 1197.01 +5.02
AMEX: 1480.00 +14.83
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Amtrak on the chopping block again
If President Bush was trying to send a message to Amtrak with the budget
proposal he sent to Congress this week, he certainly succeeded.
http://msnbc.msn.com/id/6942852/
Stocks surge after latest economic data
Stocks surged Thursday, led by blue-chip stocks, as investors focused on the
positive aspects of the latest economic data, which showed a drop in
unemployment claims, a rise in exports and a narrowing in the U.S. trade
deficit.
http://msnbc.msn.com/id/3683270/
Sara Lee announces plans to spin off businesses
Sara Lee Corp. said Thursday it has named a new chief executive officer and
plans to sell or spin off businesses that account for 40 percent of its overall
revenue.
http://msnbc.msn.com/id/6947522/
Dell posts higher profit, excluding charge
Dell Inc., the world's largest personal computer maker, on Thursday posted a
higher quarterly profit before a tax-related charge.
http://msnbc.msn.com/id/6948409/
After H-P-Compaq, tech mergers still debated
Ever since H-P CEO Carly Fiorina proposed buying Compaq Computer Corp. early in
her six years at the company, there has been heated debate over whether the
combination was the right course for the venerable computer firm.
http://msnbc.msn.com/id/6947972/
Verizon floats an informal bid for MCI
Telecom giant Verizon Communications Inc. has reportedly floated an informal
buyout offer for MCI Corp., the long distance telephone company that has been
awash in takeover speculation in the wake of regional phone company SBC
Communications Inc.�?Ts $16 billion deal for AT&T Corp.
http://msnbc.msn.com/id/6945621/
U.S. trade gap hit all-time high in 2004
The U.S. trade deficit soared to a record of $617.7 billion last year as
Americans�?T appetite for all things foreign from crude oil to imported cars
hit all-time highs. The United States even rang up a deficit in farm goods as
imports of wine, cheese and other food products hit a record.
http://msnbc.msn.com/id/6946304/
Riggs agrees to reduced PNC takeover bid
Riggs National Corp., its reputation battered in a money-laundering probe, on
Thursday agreed to a reduced $652 million takeover offer from PNC Financial
Services Group Inc., salvaging a merger that appeared dead just three days ago.
http://msnbc.msn.com/id/6946949/
FCC rejects digital TV broadcast rule
Federal regulators Thursday rejected a request by broadcasters to require cable
operators to carry multiple digital channel offerings from local television
stations.
http://msnbc.msn.com/id/6947120/
GM recalls nearly 200,000 vehicles
General Motors Corp., the world�?Ts biggest automaker, is recalling nearly
200,000 vehicles because of various safety defects, federal regulators said
Thursday.
http://msnbc.msn.com/id/6947046/
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