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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10689.15 +42.59
NASDAQ: 2188.57 +15.39
S&P 500: 1235.20 +5.85
AMEX: 1539.62 +4.54
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks rebound to close in positive territory
Stocks reversed an early loss and turned higher in afternoon trading Wednesday,
closing with modest gains, as investors focused on good earnings news from the
majority of companies that have reported and put aside earlier concerns about a
handful of disappointments.
http://msnbc.msn.com/id/3683270/
Do Not Call list under attack, agency says
Theyâ?Tre back. Or they might be, those pesky telemarketing calls, after nearly
two years of peaceful, interruption-free dinners. That's the warning a consumer
protection group is about to issue.
http://msnbc.msn.com/id/8618576/
Greenspan signals further rate increases
Federal Reserve Chairman Alan Greenspan said Wednesday the economy should enjoy
sustained growth with low inflation in coming months, a strong condition that
will require continuing incremental increases in interest rates.
http://msnbc.msn.com/id/8642561/
Digital revolution drops bombshell on Kodak
Eastman Kodak Co. said Wednesday it is cutting as many as 10,000 more jobs as
the company that turned picture-taking into a hobby for the masses navigates a
tough transition from film to digital photography.
http://msnbc.msn.com/id/8639976/
Unocal backs $17B Chevron bid
Unocalâ?Ts board of directors Tuesday recommended that its shareholders accept
a last-minute, $17 billion merger bid from Chevron, rejecting a higher offer
from Chinaâ?Ts third-largest oil company.
http://msnbc.msn.com/id/8462749/
General Motors posts a large quarterly loss
General Motors Corp. said Wednesday it lost $286 million in the second quarter,
dragged down by a $1 billion-plus loss at its North American automotive
operations, and it missed Wall Streetâ?Ts earnings forecast by a large margin.
http://msnbc.msn.com/id/8641728/
Grasso says heâ?Ts open to settling NYSE suit
Former New York Stock Exchange chief Richard A. Grasso, who was sued by New
Yorkâ?Ts attorney general over his $187.5 million pay package, said Wednesday
he would be willing to settle the case.
http://msnbc.msn.com/id/8643423/
American, Continental post quarterly profits
Two of the biggest U.S. airlines reported second-quarter profits on Wednesday,
benefiting from increased passenger demand and reduced labor expenses that
helped offset soaring fuel costs.
http://msnbc.msn.com/id/8642237/
Eyes now on Whirlpool in Maytag auction
Whirlpool Corp.â?Ts offer for rival Maytag Corp. appears to have foiled an
attempt by Haier America and its investing partners to acquire the appliance
maker, analysts said Wednesday.
http://msnbc.msn.com/id/8641549/
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