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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10229.95 -115.03
NASDAQ: 2063.81 -36.24
S&P 500: 1178.90 -12.48
AMEX: 1623.61 -7.48
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks tumble after durable goods data
Stocks fell sharply Thursday, with the Dow Jones industrial average chalking up
a triple-digit loss, after a larger-than-expected decline in durable goods
orders exacerbated worries about a slowing economy.
http://msnbc.msn.com/id/3683270/
Regulators approve two major telecom deals
The storied AT&T name will live on after the long distance phone company is
acquired by SBC Communications Inc., which is renaming itself and most of its
products under the 120-year-old brand.
http://msnbc.msn.com/id/9841355/
Microsoft beats estimate by a penny a share
Microsoft Corp. Thursday posted a 24 percent increase in quarterly profit on
robust sales of its Windows software for personal computers.
http://msnbc.msn.com/id/9842367/
Energy costs aren't bad news for everyone
>From contractors in Columbus to coal mining companies nationwide, plenty of
>firms are cashing in on the cost of energy, as individuals and businesses
>scramble for alternate fuels and more efficiency.
http://msnbc.msn.com/id/9839622/
30-year rates top 6% 3rd straight week
Rates on 30-year mortgages stayed above 6 percent for the third straight week,
rising to the highest level in 15 months.
http://msnbc.msn.com/id/7148582/
U.S. economy on course for 'soft landing'
The U.S. economy is on course for a â?osoft landingâ? and steady growth of
3.25 percent next year, the OECD said Thursday, but the federal budget deficit
and soaring oil prices still pose risks.
http://msnbc.msn.com/id/9840019/
WP: Bernanke says there's no housing bubble
Ben S. Bernanke does not think the national housing boom is a bubble that is
about to burst, he indicated last week, just a few days before President Bush
nominated him to become the next chairman of the Federal Reserve.
http://msnbc.msn.com/id/9831894/
Storm-related job losses top half-million mark
The number of people who lost their jobs because of hurricanes Katrina and Rita
has now climbed above the half-million mark with further increases expected in
coming weeks from Hurricane Wilma.
http://msnbc.msn.com/id/9837404/
Exxon Mobil posts largest quarterly profit ever
High prices for oil and natural gas propelled Exxon Mobil Corp. and Royal Dutch
Shell PLC to their best quarterly results ever on Thursday, with Exxon becoming
the first U.S. company ever to ring up quarterly sales of $100 billion.
http://msnbc.msn.com/id/9837574/
New home sales rise more slowly than expected
Sales of new U.S. homes rose more slowly than expected in September, while the
number of new houses on the market hit a record and median prices fell,
according to a government report Thursday that could signal cooling in the
housing boom.
http://msnbc.msn.com/id/9838303/
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