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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10796.01 +46.40
NASDAQ: 2076.66 +23.56
S&P 500: 1205.30 +8.29
AMEX: 1491.10 +11.10
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Apple�?Ts stock split gives Wall Street a lift
Stock indices pushed higher Friday, shaking off some early-morning weakness
that followed computing powerhouse Dell Inc.�?Ts disappointing fourth-quarter
revenue report. The rally pushed the Dow Jones industrial average into positive
territory for the year.
http://msnbc.msn.com/id/3683270/
Apple announces a 2-for-1 stock split
Apple Computer, whose shares have almost quadrupled in value over the last year
thanks to the success of its iPod music player, announced a two-for-one stock
split Friday that increases the computer marker�?Ts authorized share count to
1.8 billion from 900 million.
http://msnbc.msn.com/id/6952839/
Forbes: The most expensive lingerie
It's the most romantic time of the year again �?" or so the folks at Hallmark
tell us �?" and with it comes the annual rush of harried gentlemen and
love-struck suitors desperate to show their wives and girlfriends that they
really, really do care.
http://msnbc.msn.com/id/6940093/
Consumer confidence hits 16-month low
Consumers' confidence has fallen dramatically over the past month, reaching a
16-month low, and economists say the political debate over revamping Social
Security probably is a major factor in the decline.
http://msnbc.msn.com/id/6953577/
Talks between Verizon and MCI advance
Merger talks between Verizon Communications and MCI Inc. have advanced, and the
two companies could announce a deal in the next few days, the Wall Street
Journal reported on Friday.
http://msnbc.msn.com/id/6952671/
New Ford cars are slow to catch on in U.S.
Ford Motor Co.�?Ts new vehicles have yet to meet targeted sales volumes,
compelling analysts to question the success of models the automaker is banking
on to stem its bruising U.S. market-share losses.
http://msnbc.msn.com/id/6953362/
GM drops Walgreen as drug provider
General Motors Corp. is dropping Walgreen Co. from its network of prescription
drug providers, saying it feared the huge drugstore chain might sever ties with
the world's biggest automaker over GM's policy of requiring mail-order
purchases of some drugs.
http://msnbc.msn.com/id/6953475/
Pfizer plans $2 billion in cost-cutting
Pfizer Inc., faced with slowing earnings growth and safety concerns that have
hurt demand for its arthritis products, plans to cut about $2 billion in costs
and overhaul the way it markets drugs to doctors, the Wall Street Journal
reported on its Web site late on Thursday.
http://msnbc.msn.com/id/6952451/
Disney directors re-elected at annual meeting
Walt Disney Co.�?Ts board of directors was re-elected by a margin of 92.2
percent in a preliminary count of a shareholder vote announced at the media
giant�?Ts annual meeting Friday.
http://msnbc.msn.com/id/6952461/
With new CEO, H-P could face a major shift
The next chief executive of Hewlett-Packard Co. will need to decide whether to
stick with Carly Fiorina�?Ts two-pronged strategy of trying to beat the
company�?Ts rivals in what they do best �?" IBM in premium computers and
services, Dell in business and consumer systems.
http://msnbc.msn.com/id/6952595/
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