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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10242.47 +84.76
NASDAQ: 1950.78 +18.59
S&P 500: 1162.10 +9.98
AMEX: 1466.78 +16.81
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks edge higher, boosted by mergers
Wall Street�?Ts main stock indices closed Monday with solid gains, but down
from their earlier highs, as investors returned to the market after last
week�?Ts intense volatility.
http://msnbc.msn.com/id/3683270/
Existing-home sales up 1 percent in March
Sales of existing homes and condominiums rose by 1 percent in March to the
third-highest sales pace on record while the nationwide median price jumped by
the largest amount in more than 14 years, a real estate trade group reported
Monday.
http://msnbc.msn.com/id/7630590/
Adelphia resolves federal fraud investigation
Bankrupt Adelphia Communications Corp. has agreed to pay the government $715
million to settle a federal fraud investigation, Attorney General Alberto
Gonzales said Monday.
http://msnbc.msn.com/id/7631733/
Andersen settles with WorldCom investors
Arthur Andersen has reached a settlement with WorldCom investors who had
accused the company's former outside auditor of violating securities laws by
failing to protect them from WorldCom's historic $11 billion accounting fraud.
http://msnbc.msn.com/id/7632161/
Oil prices fall after key meeting
Crude oil futures slipped Monday as President Bush and Saudi Crown Prince
Abdullah met, in part, to discuss possible ways to bring down high oil prices.
http://msnbc.msn.com/id/5612507/
Parents! Get ready to spend more on diapers
U.S. diapers will start to cost more this summer, as Procter & Gamble Co. and
Kimberly-Clark Corp. raise prices to offset higher costs for materials such as
resins and paper.
http://msnbc.msn.com/id/7632876/
U.S. hybrid sales rose 81 percent last year
The lure of the Toyota Prius and other hybrid cars helped drive healthy sales
of electric and alternative-powered vehicles last year, according to new data
that shows the hybrid market has grown by 960 percent since 2000.
http://msnbc.msn.com/id/7622450/
GM recalls more than 2 million vehicles
General Motors Corp. Monday said it was recalling more than 2 million vehicles
to fix a variety of potential safety defects, most of them on cars and trucks
sold in the United States.
http://msnbc.msn.com/id/7630142/
Air Canada orders 32 Boeing jets
Air Canada Monday announced firm orders for 32 Boeing Co. wide-bodied jets in a
deal worth $6 billion, adding to the top U.S. aircraft maker's recent winning
streak against archrival Airbus.
http://msnbc.msn.com/id/7632162/
Reports: Langone, others seek to buy NYSE
Kenneth Langone met with Wall Street executives and NYSE seat holders Monday to
detail his plan to purchase the Big Board and scuttle its merger with
Archipelago Holdings Inc., sources said Monday.
http://msnbc.msn.com/id/7623494/
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