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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10697.59 +13.85
NASDAQ: 2216.81 -1.34
S&P 500: 1245.04 +0.92
AMEX: 1636.35 +6.64
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks finish mixed on oil worries, earnings
Stocks finished Wednesdayâ?Ts seesaw session mixed, as investors mulled a spike
in oil prices and disappointing earnings from Time Warner Inc., which earlier
prompted investors to collect profits from the previous sessionâ?Ts
record-setting gains.
http://msnbc.msn.com/id/3683270/
Tutoring firms stand to gain from ailing schools
The 3-year-old No Child Left Behind Act has opened the door for hundreds of
companies to grab part of a rapidly growing market in private tutoring services
for low-income students, paid for by federal tax dollars.
http://msnbc.msn.com/id/8718035/
Adidas to buy rival Reebok for $3.8 billion
Adidas said Wednesday it will buy shoemaker Reebok for $3.8 billion, giving the
company about 20 percent of the U.S. market and the potential to better
challenge leader Nike Inc. on its home turf.
http://msnbc.msn.com/id/8805430/
Honda recalls more than 85,000 minivans
Honda Motor Co. Ltd. is recalling 85,154 Odyssey minivans in the United States
to fix potential problems with their frontal air bag systems, federal safety
regulators said on Wednesday.
http://msnbc.msn.com/id/8811672/
Hybrids to be major part of Toyota's future
Toyota Motor Corp. said Wednesday it will introduce 10 more gasoline-electric
hybrid vehicles by the early part of the next decade and boost its worldwide
sales of the fuel-sipping models to 1 million units a year.
http://msnbc.msn.com/id/8813226/
SEC chairman sworn in, starts work Thursday
Chris Cox was sworn in Wednesday as chairman of the U.S. Securities and
Exchange Commission, taking the oath from Federal Reserve Chairman Alan
Greenspan, the SEC said in a statement.
http://msnbc.msn.com/id/8814677/
Oil prices pull back from record high
A benign petroleum-supply snapshot helped send oil prices down by more than $1
a barrel on Wednesday, although analysts said crude futures â?" still above $60
a barrel â?" werenâ?Tt likely to fall too far given the marketâ?Ts jitters
about rising global demand and U.S. refinery snags.
http://msnbc.msn.com/id/5612507/
Treasury says 30-year bond is coming back
The Bush administration announced Wednesday that it is bringing back the
30-year Treasury bond next year, a move that would help finance the national
debt and should hold appeal for investors looking for a safe, longer-term
investment option in their portfolios.
http://msnbc.msn.com/id/8811395/
Time Warner posts loss after big legal charge
Time Warner Inc., the worldâ?Ts largest media company, Wednesday posted a
quarterly loss, dragged down by a $2.4 billion settlement of a shareholder
lawsuit that accused the company of overstating its revenue from 1999 to 2002.
http://msnbc.msn.com/id/8809112/
Mechanics break talks with Northwest Airlines
Talks broke off between Northwest Airlines Corp. and its mechanics on
Wednesday, with mechanics saying the likelihood of a strike was increasing.
http://msnbc.msn.com/id/8813182/
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