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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10823.72 +55.95
NASDAQ: 2265.00 +4.05
S&P 500: 1267.43 +7.00
AMEX: 1764.85 +0.29
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Fed boosts interest rates for 13th time
The Federal Reserve raised short-term interest rates for the 13th time in 18
months Tuesday, pushing up the overnight benchmark a quarter-point to its
highest level since mid-2001.
http://msnbc.msn.com/id/10451555/
Stocks rally as Wall Street sees end to rate hikes
Stocks finished Tuesday with a solid advance, as Wall Street welcomed signals
that an end to the Federal Reserveâ?Ts rate-tightening campaign may be drawing
near.
http://msnbc.msn.com/id/3683270/
DirecTV fined for do-not-call violations
On Tuesday, the Federal Trade Commission announced that DirectTV Inc. will pay
$5.35 million to settle charges that it violated the federal Do Not Call list.Â
http://msnbc.msn.com/id/10451291/
ConocoPhillips to buy Burlington Resources
ConocoPhillips Co. announced plans to acquire oil and gas producer Burlington
Resources Inc. for $35.6 billion, in a deal illustrating the surge in both the
price and industry demand for natural gas.
http://msnbc.msn.com/id/10448863/
Retail sales rose a modest 0.3% in November
Retail sales came in weaker than expected in November as gains at department
stores and specialty clothing stores slowed significantly, a worrisome
development at the start of the holiday shopping season.
http://msnbc.msn.com/id/10449429/
Nearly quarter of U.S. firms plan to hike hiring
Nearly a quarter of U.S. firms intend to increase staffing levels in the first
quarter of 2006 from the current quarter, according to a survey of 16,000
employers released Tuesday.
http://msnbc.msn.com/id/10449061/
Russia's Putin offers job to former Bush official
Former U.S. Commerce Secretary Donald Evans has been offered the post of board
chairman at a state-run oil company by Russian President Vladimir Putin, a
Russian newspaper reported Tuesday.
http://msnbc.msn.com/id/10451197/
Investor proposes Wendy's overhaul
Billionaire investor Nelson Peltz intends to propose an overhaul of Wendy's
International Inc. , the No. 3 U.S. hamburger chain, threatening a proxy fight
if the company does not follow his plan, the New York Times reported on Tuesday.
http://msnbc.msn.com/id/10448902/
UPS inks firm order for 10 Airbus super-jumbos
United Parcel Service Inc. signed a binding order for 10 Airbus A380
superjumbos, the European aircraft maker said Tuesday.
http://msnbc.msn.com/id/10450293/
Goldman Sachs: Oil prices to stay high for years
Oil prices, which hit record levels this summer, have entered a "super spike"
phase that could last for four more years as global demand booms and supply
growth slows, Goldman Sachs analysts said on Tuesday.
http://msnbc.msn.com/id/10449918/
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