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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 12134.68 +6.80
NASDAQ: 2356.59 +11.75
S&P 500: 1382.22 +4.84
AMEX: 1984.85 +29.67
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Fed leaves interest rates alone
The Federal Reserve Wednesday stuck to its playbook and left short-term
interest rates unchanged where they have been since midyear, concluding that
the risks of inflation and an economic slowdown are roughly in balance.
http://msnbc.msn.com/id/15414644/
Stocks end higher after Fed stands pat
Wall Street closed Wednesdayâ?Ts seesaw session slightly higher after the
Federal Reserve, warning that inflation pressures remain in the economy,
stirred some fears that it might return to interest rate hikes in the future.
http://msnbc.msn.com/id/3683270/
Existing-home sales keep falling
Sales of existing homes fell for a sixth straight month in September and the
median sales price dropped on an annual basis by the largest amount on record,
further documenting a lukewarm housing market.
http://msnbc.msn.com/id/15412842/
GM posts narrower loss in third quarter
General Motors Corp. posted a smaller $115 million loss for the third quarter
on Wednesday as it began to reap the benefits of its turnaround plan.
http://msnbc.msn.com/id/15410905/
7-Eleven stores pull Cocaine energy drink
Convenience-store operator 7-Eleven Inc. is telling franchises to pull a
high-caffeine drink from its shelves because of the product's name: Cocaine.
http://msnbc.msn.com/id/15411444/
Oil prices jump as inventories drop
Crude oil prices rose above $61 a barrel Wednesday after a new report showed
U.S. inventories dropped last week, OPEC members began taking steps to
implement production cuts and Nigerian villagers attacked oil facilities.
http://msnbc.msn.com/id/12400801/
For now, Fed succeeds by doing nothing
While economists, investors and other Fed watchers agree the central bank is
committed to leaving interest rates right alone for now, thereâ?Ts a lot less
agreement on what comes next. By MSNBC.com's John W. Schoen.
http://msnbc.msn.com/id/15401901/
Carl Icahn new ImClone chairman
Biotech drugmaker ImClone Systems Inc. said Wednesday that it named financier
Carl Icahn as its new chairman and reported its third-quarter earnings rose 85
percentâ?" results that far exceeded analystsâ?T expectations.
http://msnbc.msn.com/id/15410903/
Jack Welch, ad exec explore Globe bid
A group including retired General Electric Co. Chief Executive Jack Welch and
advertising executive Jack Connors may offer to buy The Boston Globe from The
New York Times Co., Connors said Wednesday.
http://msnbc.msn.com/id/15412206/
Boeing earnings fall 31 percent
Boeing Co., the No. 2 commercial airplane maker behind Airbus SAS, said
Wednesday its third-quarter earnings fell 31 percent, hurt by a hefty charge
for pulling the plug on in-flight Internet service Connexion.
http://msnbc.msn.com/id/15411396/
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