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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10899.92 -7.29
NASDAQ: 2306.78 +2.55
S&P 500: 1285.20 +1.48
AMEX: 1838.89 +14.60
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Exxonâ?Ts record profit leaves Stocks mixed
Stocks finished Monday narrowly mixed, as investors made few moves ahead of the
Federal Reserveâ?Ts decision on interest rates. Record earnings from Exxon
Mobil Corp. and evidence of strong consumer spending gave the market little
momentum.
http://msnbc.msn.com/id/3683270/
Exxon Mobil posts record 4Q profit of $10.7 billion
Exxon Mobil Corp. posted record profits for any U.S. company on Monday â?"
$10.71 billion for the fourth quarter and $36.13 billion for the year â?" as
the worldâ?Ts biggest publicly traded oil company benefited from high oil and
natural-gas prices and solid demand for refined products.
http://msnbc.msn.com/id/11098458/
Kraft to cut 8,000 more jobs; profits up
Kraft Foods Inc. on Monday said it would cut up to 8,000 more jobs, or 10
percent of its work force, through 2008 as the food company, hammered by higher
commodity costs and sluggish sales volume, looks to save more money.
http://msnbc.msn.com/id/11103290/
U.S. savings rate hits lowest level since 1933
Americansâ?T personal savings rate dipped into negative territory in 2005,
something that hasnâ?Tt happened since the Great Depression. Consumers depleted
their savings to finance the purchases of cars and other big-ticket items.
http://msnbc.msn.com/id/11098797/
Coca-Cola may take on Starbucks
The Coca-Cola Co., already locked in a decades-long clash with PepsiCo Inc. for
supremacy in the cold beverage business, may be about to pick a fight with the
nation's No. 1 hot beverage powerhouse: Starbucks Corp.
http://msnbc.msn.com/id/11101825/
What does Greenspan leave behind?
After more than 18 years as head of the Federal Reserve, chairman Alan
Greenspan leaves office Tuesday. We know for sure that Greenspan has endured.
But what endures of the chairman?
http://msnbc.msn.com/id/11102308/
Continental attendants approve labor deal
Flight attendants for Continental Airlines Inc. have approved an agreement that
calls for $72 million in labor concessions, according to the airline and the
union.
http://msnbc.msn.com/id/11102868/
Soup cans pulled after needle reportedly found
A supermarket chain pulled soup cans from the shelves of its stores in four
states after a family reported finding a sewing needle in a sealed can of
minestrone, officials said.
http://msnbc.msn.com/id/11098946/
Jury selection in Enron trial begins
A federal judge told a group of potential jurors that their job was not to seek
vengeance against Enron Corp. founder Kenneth Lay and former CEO Jeffrey
Skilling as jury selection began on Monday in the premier criminal trial to
emerge from the biggest corporate scandal in recent years.
http://msnbc.msn.com/id/11090649/
Best- and worst-selling cars by company
Ever wonder which cars fly out of the showroom and which ones disappoint?
Forbes.com ranks the best- and worst-selling vehicles of 2005.
http://msnbc.msn.com/id/11102485/
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