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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 11852.13 -15.04
NASDAQ: 2308.27 -7.16
S&P 500: 1349.95 -3.47
AMEX: 1864.81 -19.01
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Earnings disappointment weighs on stocks
Stocks finished Wednesdayâ?Ts seesaw session slightly lower after an
inauspicious start to earnings season and after minutes from the Federal
Reserveâ?Ts last meeting revealed the central bank had an easier time deciding
to stand pat on interest rates last month.
http://msnbc.msn.com/id/3683270/
OPEC to cut output by 1 million barrels per day
OPEC has agreed to trim global oil production by 1 million barrels a day to
boost prices, and its members were discussing how to share the cut, the
cartel's president said Wednesday.
http://msnbc.msn.com/id/15218550/
Slowing economy helped Fed leave rates alone
A slowing economy and retreating energy prices made it somewhat easier for the
Federal Reserve to hold interest rates steady last month.
http://msnbc.msn.com/id/15223197/
Reynolds to stop sales of flavored cigarettes
R.J. Reynolds has agreed to a domestic ban on flavored cigarettes such as
â?oTwista Limeâ? and â?oMocha Tabooâ? that critics say are marketed to
youths, officials from 38 states said Wednesday.
http://msnbc.msn.com/id/15222782/
Where housing prices will fall the most
Almost no one is arguing about whether the U.S. housing market is in decline
these days. Yet many people are wringing their hands over which markets will be
the worst hit and how steep the price declines will be.
http://msnbc.msn.com/id/15223373/
Federal deficit falls to smallest level in 4 years
The federal budget deficit, helped by a gusher of tax revenues, fell to $247.7
billion in 2006, the smallest amount of red ink in four years.
http://msnbc.msn.com/id/15220076/
AT&T-BellSouth merger gets OK
AT&T Inc.â?Ts $78.5 billion buyout of BellSouth Corp. headed toward expected
approval at the Justice Department on Wednesday, clearing the way for a final
decision a day later by the Federal Communications Commission.
http://msnbc.msn.com/id/15218390/
Visa to become publicly traded company
Following the lead of MasterCard Inc., competitor Visa announced Wednesday that
it plans to restructure its organization to create a new company and then sell
shares in an initial public offering.
http://msnbc.msn.com/id/15218558/
McAfee ousts execs after stock-options probe
Antivirus and security software provider McAfee Inc. on Wednesday said it fired
President Kevin Weiss, and announced that CEO and Chairman George Samenuk will
retire after a stock options investigation found accounting problems that will
require financial restatements.
http://msnbc.msn.com/id/15219832/
Private equity group raises bid for Harrah's
Private equity firms Apollo Management and Texas Pacific Group have raised
their bid for Harrah's Entertainment <HET.N>, the world's largest casino
operator, to more than $15.5 billion, the New York Times reported on Wednesday,
citing people involved in the negotiations.
http://msnbc.msn.com/id/15219826/
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