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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 11151.34 +75.32
NASDAQ: 2295.90 +28.87
S&P 500: 1297.48 +13.35
AMEX: 1894.25 +8.92
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Earnings news hikes market to multi-year high
A plunge in Treasury bond yields propelled stocks sharply higher Tuesday, as
investors grew optimistic that the Federal Reserveâ?Ts streak of interest rate
hikes will soon end. Record revenues and a jump in profits at Goldman Sachs
Group Inc. also boosted the market and sent the Dow Jones industrials to a
nearly five-year high.
http://msnbc.msn.com/id/3683270/
Credit agencies adopt uniform scoring system
The three major U.S. consumer credit reporting agencies announced Tuesday that
they have created a new credit scoring system aimed at simplifying the loan
process for both lenders and borrowers.
http://msnbc.msn.com/id/11822986/
Northwest charges extra for prime coach seats
For an extra $15, Northwest Airlines Corp. will sell coach passengers a few
more inches of legroom.
http://msnbc.msn.com/id/11821093/
Will the battery in my hybrid keep going?
Will the battery pack in a hybrid car run out? And do I really need to buy
organic fruit? Herb Weisbaum answers these and other questions is his weekly
'Ask the ConsumerMan' column on MSNBC.com.
http://msnbc.msn.com/id/11812910/
Fastow aide corroborates tales of Enron fraud
A former Enron investment analyst on Tuesday corroborated testimony from a key
prosecution witness that the company improperly used partnerships to help its
earnings seem better than they were.
http://msnbc.msn.com/id/11824352/
Firms with tax debt still win federal contracts
One in 10 companies contracting with the General Services Administration from
October 2003 through June 2005 owed back taxes, the Senate Homeland Security
and Governmental Affairs Permanent Subcommittee on Investigations, learned
Tuesday.
http://msnbc.msn.com/id/11826666/
Retail sales drop more than expected
Retail sales fell a larger-than-expected 1.3 percent in February as auto sales
plunged and consumers took a breather after spending big in January, a
government report showed on Tuesday.
http://msnbc.msn.com/id/11821850/
U.S. current account deficit hits record
Americaâ?Ts deficit in the broadest measure of international trade surged to an
all-time high of $804.9 billion last year as the country went deeper into debt
to foreigners.
http://msnbc.msn.com/id/11821768/
Comcast said in talks to buy rest of E! Networks
Comcast Corp., the nation's largest cable operator, is in talks with The Walt
Disney Co. to buy the remaining 40 percent of E! Networks it does not already
own, according to a person familiar with the companies' plans.
http://msnbc.msn.com/id/11821138/
Goldman Sachs profit surges past targets
Strong revenues in investment banking, fixed income trading and asset
management helped Goldman Sachs Group Inc.'s first-quarter profits rise 62
percent from a year ago, the company said Tuesday. The results far outstripped
Wall Street's forecasts.
http://msnbc.msn.com/id/11822226/
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