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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 11103.55 +12.88
NASDAQ: 2116.93 -13.13
S&P 500: 1267.34 +1.86
AMEX: 1935.70 -8.74
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks close mixed ahead of earnings
Stocks closed Monday mixed, as mounting optimism for another solid earnings
season helped distract investors from their chronic fears about the economy.
Weakness in the chip sector dragged on the technology-rich Nasdaq composite
index.
http://msnbc.msn.com/id/3683270/
Airbus jet orders seen trailing Boeing
Airbus won 117 plane orders in the first half of the year, the company said
Monday â?" less than a quarter of the orders announced to date by U.S. rival
Boeing Co.
http://msnbc.msn.com/id/13798638/
Hollywood and vines: Message on a bottle
Wine has paired with movies for decades. But the connection between Hollywood
and wine has picked up in recent years as more vintners seek to get their
brands in the picture.
http://msnbc.msn.com/id/13742298/
Olsen twins get rivals in teen celebrity retailing
Starting this fall, Mary-Kate and Ashley Olsen â?" the twin actresses-turned
merchandising moguls â?" will have some young celebrity company in store aisles.
http://msnbc.msn.com/id/13803441/
EU to raise future Microsoft fines
The European Commission will raise the ceiling of any future fines on Microsoft
to 3 million euros ($3.84 million) if it continues not to comply with an
antitrust decision, a diplomatic source said on Monday.
http://msnbc.msn.com/id/13798569/
Growth in consumer borrowing slows
Americans increased their borrowing at a 2.4 percent annual rate in May,
significantly slower than in April, the Federal Reserve reported Monday.
http://msnbc.msn.com/id/13805228/
U.S. gas price average just shy of $3 a gallon
U.S. gas prices jumped nearly 11 cents per gallon in the past two weeks with
the national average for self-serve regular just shy of $3 a gallon, according
to a survey released Sunday.
http://msnbc.msn.com/id/13788274/
Oil prices fall from record high
Crude oil prices fell Monday after recent increases and as worries eased about
Iran, but analysts said the pressures driving higher prices remained in force.
http://msnbc.msn.com/id/12400801/
Kimco to acquire Pan Pacific for $2.9 billion
Kimco Realty Corp., a real estate investment trust focused on shopping centers,
on Monday said it plans to acquire Pan Pacific Retail Properties Inc. for $2.9
billion in cash and stock.
http://msnbc.msn.com/id/13802340/
Kraft to buy some assets of United Biscuits
Kraft Foods Inc., the world's second-largest food company behind Nestle SA,
said Monday it will pay about $1.07 billion to acquire the Spanish and
Portuguese units of United Biscuits in a move to broaden its global strength in
cookie sales.
http://msnbc.msn.com/id/13802321/
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