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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 11381.47 +46.51
NASDAQ: 2163.95 +6.34
S&P 500: 1302.30 +4.82
AMEX: 1998.80 +12.30
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stock markets struggle in light trading
Stocks turned slightly higher in light trading Friday as Wall Street looked
past a report that showed consumer sentiment drooping and Dell Inc. posted
sharply lower second-quarter profits.
http://msnbc.msn.com/id/3683270/
Ford to slash production amid sales slump
Ford Motor Co. on Friday announced sharp cuts in its North American production
that would force it to partially shut down plants in the United States and
Canada in the fourth quarter.
http://msnbc.msn.com/id/14406315/
Boeing to begin shutting down C-17 production
Boeing Co. said Friday it will begin shutting down production of its C-17 cargo
plane, the last to be built in Southern California, because Congress has not
funded new purchases.
http://msnbc.msn.com/id/14406292/
Andrew Young resigns from Wal-Mart group
Civil rights leader Andrew Young, who was hired to help Wal-Mart Stores Inc.
improve its public image, said early Friday he was stepping down from his
position as head of an outside support group amid criticism for remarks seen as
racially offensive.
http://msnbc.msn.com/id/14406528/
Microsoft changes to buyback plan
Microsoft Corp. is switching tactics in its $40 billion stock buyback program
after only about $3.8 billion worth of shares were tendered in a â?oDutch
auctionâ? offer that expired Thursday, well below the $20 billion it had been
prepared to spend in the auction.
http://msnbc.msn.com/id/14408744/
Britain, Saudi Arabia ink Eurofighter deal
Britain said Friday it has agreed in principle on a $19 billion deal to sell 72
Eurofighter aircraft to Saudi Arabia.
http://msnbc.msn.com/id/14408479/
China raises interest rates to cool economy
China raised interest rates Friday for the second time this year amid efforts
to rein in a boom in lending and construction that the government worries could
spark a financial crisis.
http://msnbc.msn.com/id/14406252/
Terror alert boosts high-end airlines profit
The airborne terror alert that crippled Britainâ?Ts major airports has proved
to be an unexpected boon for all-frills airlines and charter services shuttling
from Britain to the United States and Europe.
http://msnbc.msn.com/id/14410885/
Apple: No forced labor at China iPod plant
Apple Computer Inc.'s investigation into claims of poor conditions at a Chinese
iPod factory found no forced labor but revealed that workers were exceeding the
company's limits on hours and days to be worked per week, the company said
Friday.
http://msnbc.msn.com/id/14406969/
Poor earnings, SEC probe for Dell
Dell Inc. on Thursday posted disappointing second-quarter earnings amid a
regulatory probe. The company also announced an expanded partnership to put
Advanced Micro Devices Inc. computer chips into a new line of Dell servers and
desktop PCs as early as next month.
http://msnbc.msn.com/id/14398102/
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