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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 11051.05 +182.67
NASDAQ: 2061.84 +41.45
S&P 500: 1260.91 +20.62
AMEX: 1921.69 +29.82
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Wall Street surges amid earnings, deals
Stocks rallied sharply Monday, driving the Dow Jones industrial average up 183
points and above the psychologically-key 11,000 level, as good earnings and
some multibillion-dollar buyouts tempered fears of an economic slowdown.
http://msnbc.msn.com/id/3683270/
Gas tops $3 a gallon, hits 25-year high
Gas prices have climbed another 2 cents over the past two weeks on average to
top $3 a gallon, the highest level in 25 years, according to a survey released
Sunday.
http://msnbc.msn.com/id/14001777/
Investor group to buy HCA for $21 billion
HCA Inc., the nationâ?Ts largest for-profit hospital operator that was founded
by the family of Senate Majority Leader Bill Frist, has agreed to be purchased
by a group of investors for about $21.3 billion plus the assumption of $11.7
billion in debt.
http://msnbc.msn.com/id/14008468/
AMD to buy graphics chip maker ATI
Advanced Micro Devices Inc., said it will pay $5.4 billion to acquire top
graphics chip maker ATI Technologies Inc., as Intel Corp.'s biggest rival in
the market for personal-computer microprocessors attempts to expand its product
portfolio.
http://msnbc.msn.com/id/14008460/
Global trade talks collapse
Global commerce talks at the World Trade Organization collapsed Monday as top
powers failed to agree on steps toward liberalizing trade in farm and
manufactured goods.
http://msnbc.msn.com/id/14008945/
Merck's profit more than doubles
Merck & Co. said Monday its profit more than doubled in the second quarter,
mainly due to sharply higher income from its partnerships to sell cholesterol
and other drugs and a large tax charge that depressed results a year ago.
http://msnbc.msn.com/id/14009816/
Private equity firms eye Philips chip unit
Three groups of private-equity firms are weighing bids of more than $10.2
billion for Philips Electronics NV's semiconductor unit, The Wall Street
Journal reported on Sunday.
http://msnbc.msn.com/id/14008576/
UAL expects to post 2Q profit
UAL Corp., the parent of United Airlines, on Monday said it expects to report a
strong profit in the second quarter, driven by double-digit operating revenue
growth and cost controls.
http://msnbc.msn.com/id/14009828/
Answer Desk: Fed ownership
MSNBC.com's John Schoen discusses the Federal Reserve in this week's video
Answer Desk.
http://msnbc.msn.com/id/13068698/
AOL poised to gamble on subscriptions
AOL, the largest Internet service provider, faces the reality that fewer and
fewer Americans want dial-up. In a risky strategy, the company is poised to
undergo a transformation that would likely accelerate its decline as an
information gatekeeper.
http://msnbc.msn.com/id/14012712/
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