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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10835.01 -42.50
NASDAQ: 2257.64 -15.73
S&P 500: 1262.09 -2.99
AMEX: 1738.34 +11.89
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks slide as oil rally fuels inflation fears
A jump in energy prices and news of slowing growth in the service sector pushed
stock prices lower Monday, wiping out investor optimism sparked by a $25
billion bid for Guidant Corp.
http://msnbc.msn.com/id/3683270/
Bush urges companies to protect pensions
President Bush called on U.S. businesses on Monday to live up to their pension
promises, saying too many companies are not putting away enough money to
protect the benefit.
http://msnbc.msn.com/id/10338616/
Homeowners outsource holiday decorating
Short on time, leery of ladders and lacking expertise for sometimes-elaborate
Christmas lighting displays, homeowners across the U.S. are opening their
wallets and hiring others do the work.
http://msnbc.msn.com/id/10326949/
Westin hotel chain to ban smoking indoors
A major hotel chain is going smoke-free next month and will add $200 to the
bill of anyone who violates the policy, an executive said Monday.
http://msnbc.msn.com/id/10338589/
Boston Scientific tops J&J offer for Guidant
Boston Scientific Corp. offered about $25 billion for Guidant Corp. on Monday,
topping by more than $3 billion what Johnson & Johnson agreed to pay for the
implantable medical device manufacturer last month.
http://msnbc.msn.com/id/10334047/
China orders 150 Airbus jets worth $10 billion
China ordered 150 Airbus single-aisle A320 airliners Monday, more than twice as
many plane orders than the companyâ?Ts U.S.-based rival Boeing Co. snagged from
China last month.
http://msnbc.msn.com/id/10333347/
Ford to close more than 8 plants
Ford Motor Co. plans to close more than eight North American assembly and parts
plants in a drive to revive faltering operations on the continent, industry
paper Automotive News reported on Monday.
http://msnbc.msn.com/id/10333339/
Oil prices spike above, settle just below $60
Oil prices spiked above $60 a barrel Monday amid reports that a snowstorm would
hit the U.S. Northeast, the worldâ?Ts largest heating fuel market, and boost
demand for crude oil and natural gas.
http://msnbc.msn.com/id/5612507/
Service sector grew in Nov., but at slower pace
The nationâ?Ts service sector grew in November but at a slower pace than in
October and slightly slower than analysts expected, the Institute for Supply
Management said Monday.
http://msnbc.msn.com/id/10335619/
U.K.â?Ts Branson takes on Murdoch in media deal
British cable operator NTL Inc. said Monday it has approached Richard
Bransonâ?Ts Virgin Mobile Holdings PLC about buying the cell-phone company for
more than 810 million pounds ($1.4 billion).
http://msnbc.msn.com/id/10326451/
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