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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10442.87 -13.15
NASDAQ: 1991.06 +0.84
S&P 500: 1171.42 -1.11
AMEX: 1448.79 +5.89
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks end mixed as inflation fears ease
A modest rise in industrial orders and greater-than-expected rise in jobless
claims eased Wall Street�?Ts inflation fears Thursday, but investors left stock
indexes mixed at the close.
http://msnbc.msn.com/id/3683270/
IRS gets $3.2 billion from shelter settlement
The U.S. Internal Revenue Service has recovered $3.2 billion in unpaid taxes
from taxpayers who used the �?oSon of Boss�?� tax shelter, the agency said
Thursday.
http://msnbc.msn.com/id/7285313/
Oil, gasoline prices rise after refinery fire
Oil prices rose Thursday on the heels of a run-up in gasoline futures that was
triggered by an explosion at America�?Ts third-largest oil refinery. The
jitters follow a three-day sell-off in which oil prices fell by more than $3 a
barrel.
http://msnbc.msn.com/id/5612507/
BP blast could mean billions in liability
A deadly explosion at BP's huge refinery near Galveston, Texas, will open up
the world's second biggest oil company to liabilities that could run into the
billions of dollars, experts said Thursday.
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Adelphia close to settlement with government
Adelphia Communications Corp., the nation�?Ts fifth largest cable TV systems
company, is close to agreeing to pay about $725 million to the U.S. Justice
Department and Securities and U.S. Exchange Commission to settle claims
stemming from its corporate looting and accounting scandal, The Wall Street
Journal reported in Thursday�?Ts editions.
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Sales of new U.S. homes soar in February
Sales of new U.S. homes soared 9.4 percent in February, the largest jump in
more than four years and well above Wall Street forecasts, as sales rose
nationwide, a government report showed on Thursday.
http://msnbc.msn.com/id/7284889/
Shareholders OK Kmart-Sears takeover
Shareholders signed off on Kmart Holding Corp.�?Ts $12.3 billion acquisition of
Sears, Roebuck and Co. Thursday, clearing the way for the two struggling rivals
to combine into the nation�?Ts third-biggest retailer.
http://msnbc.msn.com/id/7284655/
Durable goods orders weaker than expected
New orders for U.S.-made durable goods edged up an unexpectedly weak 0.3
percent in February, signaling that the U.S. economy might be a touch softer
than economists had thought.
http://msnbc.msn.com/id/7283885/
GE nudges up quarterly earnings estimate
General Electric Co. raised its first-quarter earnings forecast Thursday,
citing strong performance across its businesses.
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PBS financial show �?TWall $treet Week�?T axed
�?oWall $treet Week,�?� a financial information program that became one of the
longest-running national franchises in television, is retiring, Maryland Public
Television said Thursday.
http://msnbc.msn.com/id/7285423/
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