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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10837.32 +46.19
NASDAQ: 2089.21 +6.30
S&P 500: 1210.12 +3.98
AMEX: 1493.20 -8.91
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Retail data, M&A news help to lift stocks
Investors sent stocks modestly higher Tuesday, with indices finishing at fresh
2005 highs, as Wall Street was cheered by strong retail sales data, a possible
acquisition in the retail sector and a market that has managed to hold on to
its recent gains.
http://msnbc.msn.com/id/3683270/
Greenspan likely to be pressed on Social Security
Investors, taxpayers and lawmakers certainly will be looking for any hint of an
"exit strategy" when Fed chief Alan Greenspan troops to Capitol Hill Wednesday
and Thursday to offer his semiannual report on the economy.
http://msnbc.msn.com/id/6974912/
Retail sales slipped in January
Retail sales fell 0.3 percent in January �?" the weakest showing in five months
�?" as a big drop in demand for cars offset strength at clothing and department
stores. Spending was powered mostly by consumers anxious to use holiday gift
cards.
http://msnbc.msn.com/id/6973736/
Circuit City gets takeover offer
Circuit City Stores Inc. said Tuesday that a Boston investment firm made an
unsolicited offer to buy the company for $3.25 billion, or $17 per share, and
take it private.
http://msnbc.msn.com/id/6973631/
Talks between May, Federated reportedly end
Merger talks between May Department Stores and rival Federated Department
Stores Inc. reportedly have ended after the two retailers could not agree on
how much Federated would pay for May.
http://msnbc.msn.com/id/6973973/
HealthSouth execs worried over eavesdropping
As investigators focused on allegations of insider trading by then-HealthSouth
CEO Richard Scrushy, a cloak-and-dagger mentality began to invade the
company�?Ts top ranks, a key witness against Scrushy said.
http://msnbc.msn.com/id/6948636/
Things to get personal in Ebbers trial
In perhaps the pivotal moment so far in the fraud trial of former WorldCom
chief Bernard Ebbers, the star government witness settles in Wednesday for what
will be a lengthy, grueling �?" and highly personal �?" cross-examination.
http://msnbc.msn.com/id/6929600/
Cell phone use coming for Airbus fliers
Under a deal signed Tuesday by Airbus and a Geneva-based technology firm,
passengers will soon be able to use their own cell phones on commercial
airliners.
http://msnbc.msn.com/id/6975242/
Ford entices college students with cash
Ford Motor Co. is offering a $500 cash rebate to full-time college students and
recent graduates who want to buy or lease a Ford or Lincoln-Mercury vehicle,
the company said Tuesday.
http://msnbc.msn.com/id/6974780/
Business inventories up slightly in December
U.S. business inventories rose 0.2 percent in December, slightly less than
expected, as brisk sales kept stocks lean, a government report showed on
Tuesday.
http://msnbc.msn.com/id/6974456/
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