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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10907.21 +97.74
NASDAQ: 2304.23 +21.23
S&P 500: 1283.72 +19.04
AMEX: 1824.29 -2.22
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Upbeat earnings reports boost Wall Street
A new round of strong earnings reports led stocks substantially higher for a
second straight session Friday, as investors shrugged off surprisingly slow
growth in the nationâ?Ts gross domestic product.
http://msnbc.msn.com/id/3683270/
New-home sales log another record in 2005
New-home sales for all of 2005 climbed to an all-time high, marking the fifth
year in a row of record sales.
http://msnbc.msn.com/id/11058936/
Economic growth slowed in 4th quarter
The economy grew at only a 1.1 percent annual in the fourth quarter of last
year, the slowest pace in three years, amid belt-tightening by consumers facing
spiraling energy costs.
http://msnbc.msn.com/id/11057726/
Bernanke prepared to put stamp on Fed
While it could take years for to prove his mettle, former Princeton University
economist Ben Bernanke is probably as well prepared as anyone who has ever
stepped into the job of central bank chief.
http://msnbc.msn.com/id/11047153/
Ford's factory parking lot reserved for Fords
The parking lot at Ford Motor Co.'s Dearborn Truck plant just got a little more
exclusive.
http://msnbc.msn.com/id/11057921/
Steelmaker Mittal bids $22.8B for top rival
Mittal Steel Co., already the worldâ?Ts largest steelmaker, on Friday announced
an unsolicited $22.8 billion offer for rival Arcelor SA in an attempt to form a
global powerhouse capable of producing more than 100 million tons a year.
http://msnbc.msn.com/id/11057024/
Halliburton to spin off controversial KBR contractor
Halliburton Co. said Friday it plans to spin off a minority stake in its
engineering and construction unit KBR, which has generated enormous controversy
over how it has become the largest U.S. contractor in Iraq. Its shares rose
nearly 6 percent.
http://msnbc.msn.com/id/11059936/
Study finds rich-poor income gap growing
The disparity between rich and poor is growing in America as the federal
minimum wage has remained flat for years, union membership has declined and
industries have faced global competition, according to a study released
Thursday.
http://msnbc.msn.com/id/11060191/
The Mini bulks up
The forthcoming Mini Traveller shares many design features with the popular
Mini Cooper, with one big plus: More room.
http://msnbc.msn.com/id/10992248/
Goldman Sachs-led group invests in China bank
China's biggest bank, state-owned Industrial and Commercial Bank of China, on
Friday signed a $3.78 billion investment deal with Goldman Sachs Group Inc.,
American Express Co. and Germany's Allianz AG.
http://msnbc.msn.com/id/11057045/
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