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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10749.76 -48.51
NASDAQ: 2244.96 -13.84
S&P 500: 1254.78 -10.24
AMEX: 1820.66 -43.39
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Wall Street pulls back as investors take profits
Stocks fell Tuesday, as investors took profits and beat up the commodity stocks
that led Wall Streetâ?Ts early January rally.
http://msnbc.msn.com/id/3683270/
General Motors to halve dividend
General Motors Corp., under shareholder pressure to return to profitability,
announced Tuesday it is cutting in half its yearly dividend to $1 a share and
reducing the salaries of its chairman and senior leadership team.
http://msnbc.msn.com/id/11214833/
Exxon: America will always rely on foreign oil
The United States will always rely on foreign imports of oil to feed its energy
needs and should stop trying to become energy independent, a top Exxon Mobil
Corp. executive said on Tuesday.
http://msnbc.msn.com/id/11221159/
Ten smart cars for teenagers
Forbes.com breaks down the best vehicles to buy your teenaged driver, based on
both safety and value.
http://msnbc.msn.com/id/11221073/
Borrowing grows at slowest pace in 13 years
Consumers, weighed down by high debt loads and low savings rates, increased
borrowing last year by the smallest amount in 13 years, the Federal Reserve
reported Tuesday.
http://msnbc.msn.com/id/11221103/
Realtors see slowing housing market in 2006
U.S. home sales will drop in 2006 as mortgage rates climb and house prices inch
up at rates far below those notched last year, a trade group said on Tuesday,
noting the long-awaited housing slowdown has begun.
http://msnbc.msn.com/id/11219068/
Luxury home builder cuts forecast again
Luxury home builder Toll Bros. Inc. Tuesday slashed its forecast for home sales
for the second time in three months, driving its shares down as much as 4
percent, as first-quarter new orders fell 29 percent on slumping demand.
http://msnbc.msn.com/id/11221127/
Oil prices fall below $65 a barrel
Crude-oil prices declined Tuesday as tradersâ?T fears eased over possible
disruptions to the Iranian oil supply because of its nuclear ambitions.
http://msnbc.msn.com/id/5612507/
McDonaldâ?Ts unwraps â?~nutritionalâ?TÂ Â campaign
In a public relations move with Supersize irony, McDonaldâ?Ts rolled out its
much-hyped â?opackaging with nutritional informationâ? on Tuesday at â?" of
all places â?" the Winter Games.
http://msnbc.msn.com/id/11221075/
Ex-Enron exec: Firm was wrong to hike profits
Enron Corp.â?Ts former investor-relations chief grew tense Tuesday when he
insisted the company was wrong to hike earnings by a penny per share in early
2000 to meet Wall Street estimates, even though he didnâ?Tt know how the final
figures were reached.
http://msnbc.msn.com/id/11218762/
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