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Today's Business Headlines - Market Close from MSNBC.com
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Wall Street Watch: Complete coverage
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Business
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Stocks end mixed as oil issues move ahead
Wall Street gained momentum Thursday as strength in energy companies helped
offset a weak reading on Midwest manufacturing and a disappointing forecast by
Wal-Mart Stores Inc.
http://msnbc.msn.com/id/3683270/
U.S. home-price rise slowed in 3rd quarter
Average U.S. home prices rose 7.73 percent over the 12 months to Sept. 30, but
the quarter-to-quarter gain was the lowest since 1998 and indicates a sharp
deceleration in house price gains, the U.S. Office of Federal Housing
Enterprise Oversight reported Thursday.
http://msnbc.msn.com/id/15969479/
Kerkorian cutting GM stake in half
Billionaire Kirk Kerkorianâ?Ts Tracinda Corp. investment firm said Thursday it
had agreed to sell another 14 million shares of General Motors Corp., cutting
his stake in the automaker to 4.95 percent from 7.4 percent.
http://msnbc.msn.com/id/15971257/
Automakers toss kitchen sink at fuel issue
After 100 years of the gas-powered internal combustion engine, the worldâ?Ts
leading automobile manufacturers gathered in Southern California this week look
as much in disagreement about the next big fuel to power automobiles as they
were a century ago. By Roland Jones
http://msnbc.msn.com/id/15961719/
Will the New York Times go private?
Speculations are rife about the New York Times Co. chairman Arthur O.
Sulzberger Jr.'s intention of taking the company private. In recent months,
he has been quietly soliciting advice from trusted friend and financial adviser
Steven Rattner, according to sources familiar with those discussions.
http://msnbc.msn.com/id/15972723/
Retailers tap into shoppers' do-gooder spirit
Many brand name companies are pledging to donate part of the profit made from
select products to support humanitarian causes and are tapping into consumers'
growing desire to do good deeds with their purchasing dollars. But critics say
campaign is crass attempt to make money using fatal disease as marketing
vehicle.
http://msnbc.msn.com/id/15973282/
Wal-Mart predicts weak December sales
Wal-Mart Stores Inc. issued a sobering warning for the holiday shopping season
Thursday, predicting its December same-store sales gain would be no better than
1 percent.
http://msnbc.msn.com/id/15967584/
Consumer spending rebounds in October
Shoppers picked up their pace in October after two lackluster months,
brightening retailers' prospects for a good holiday season.
http://msnbc.msn.com/id/15967727/
Mortgage rates sink to 6.14 percent
Mortgage rates around the country fell this week, with rates on 30-year
mortgages dipping to the lowest level since January.
http://msnbc.msn.com/id/7148582/
IKEA in hot water over Nativity snub
Two Italian politicians called on Thursday for a Christmas boycott of Swedish
furniture giant IKEA for not selling Nativity scenes, which Catholics in Italy
traditionally put up in their homes around Christmas.
http://msnbc.msn.com/id/15970670/
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