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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10804.51 +30.15
NASDAQ: 2051.04 +9.44
S&P 500: 1206.83 +6.75
AMEX: 1482.59 -0.80
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Gas prices eat into sales of large SUVs
Sales of large sport-utility vehicles and other gas-guzzlers slipped in the
first two months of the year �?" a sign that rising fuel prices could take a
bite out of one of the auto industry's most profitable segments.
http://msnbc.msn.com/id/7181566/
OPEC eyes output hike if prices stay high
Two of OPEC�?Ts leading Gulf producers say the cartel may keep pumping above
formal oil output quotas to cool down prices. The United Arab Emirates on
Sunday joined Kuwait in suggesting the group might make such a decision.
http://msnbc.msn.com/id/7173332/
Stocks finish higher amid inflation fears, oil
Wall Street managed a moderate gain Monday in a volatile session that saw
investors alternating between worries about interest rates and delight in a new
wave of merger deals.
http://msnbc.msn.com/id/3683270/
Iger to succeed Eisner as Disney CEO
Michael Eisner, the longtime CEO of The Walt Disney Co., will step down a year
earlier than expected, handing over the reins to Robert Iger and ending a
tumultuous stint atop the entertainment giant.
http://msnbc.msn.com/id/7173190/
Harry Potter and the billion-dollar brand
If a visitor from another planet happened to browse a recent crop of U.S.
Securities and Exchange Commission filings, he might get the idea that Harry
Potter runs a powerful Wall Street bank. After all, at least a dozen companies
list Harry Potter as a factor that either boosted or slowed their sales last
year.
http://msnbc.msn.com/id/7182112/
Retirement starts with early financial planning
Early planning helps make a comfortable retirement a reality, says �?oToday�?�
financial editor Jean Chatzky. Here are tips.
http://msnbc.msn.com/id/7178282/
AIG CEO Greenberg to step down
Maurice Greenberg is planning to step down as chief executive of American
International Group Inc. amid board concern over a rising number of regulatory
inquiries into the insurance company, The Wall Street Journal reported on
Monday.
http://msnbc.msn.com/id/7178769/
Altria unit to buy stake in Asian cigarette maker
Altria Group Inc.'s Phillip Morris International division has agreed to acquire
a 40 percent stake in Indonesia's third-largest cigarette producer, boosting
its market share in the heavy smoking country as revenues elsewhere in the
world shrink on health concerns.
http://msnbc.msn.com/id/7179198/
IBM to buy software firm for $1.1 billion
International Business Machines Corp. is buying Ascential Software Corp., which
makes software that helps business manage data, for $1.1 billion in cash.
http://msnbc.msn.com/id/7179199/
Kraft Foods raises coffee prices
Kraft Foods Inc. said Monday it has increased the price of its Maxwell House
roast and ground coffee by 12 percent for a 13-ounce can to cover rising raw
material costs.
http://msnbc.msn.com/id/7180864/
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