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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 12283.85 +89.72
NASDAQ: 2448.39 +35.18
S&P 500: 1409.12 +12.41
AMEX: 2075.78 +9.85
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks rally as investors ignore Pfizer
Wall Street surged Monday, as investors put aside Pfizer Inc.â?Ts decision to
halt development of a key drug and focused instead on another series of
takeover deals.
http://msnbc.msn.com/id/3683270/
Pfizer ends development of key drug
Shares of Pfizer Inc., the worldâ?Ts largest drugmaker, sank Monday on news
that the company had halted development of a key new cholesterol treatment.
http://msnbc.msn.com/id/16027217/
Chase your dream job, keep your day job
Meet Allen Sheffield. It took him 10 years, but he finally figured out how to
balance his career at a major accounting firm with his passion for running a
youth ministry. -- Your Career by Eve Tahmincioglu.
http://msnbc.msn.com/id/15767326/
Most bosses giving staff holiday gifts
Most bosses at U.S. companies plan to give gifts to employees this holiday
season, but fewer than a third of workers intend to reciprocate with gifts of
their own, according to a study released on Monday.
http://msnbc.msn.com/id/16036545/
Pending home sales fell in October
Pending sales of existing U.S. homes fell 1.7 percent in October but held above
the low hit in July, suggesting the housing market is stabilizing, a real
estate trade association said on Monday.
http://msnbc.msn.com/id/16037580/
Oil prices retreat from last week's rise
Oil prices dropped by more than $1 Monday, reversing some of last weekâ?Ts
increases, as traders focused on a halt in the dollarâ?Ts decline and weak
manufacturing data, while shrugging off next weekâ?Ts OPEC meeting.
http://msnbc.msn.com/id/12400801/
U.S. retail gas prices continue to rise slightly
Gas prices continued to rise during the holiday shopping season.
http://msnbc.msn.com/id/16035462/
Bank of New York to buy Mellon
Bank of New York Co. has agreed to take over Mellon Financial Corp. in a $16.5
billion all-stock deal that will create the world's largest securities
servicing company and one of the biggest asset managers.
http://msnbc.msn.com/id/16034996/
LSI Logic agrees to acquire Agere Systems
LSI Logic Corp. said Monday it will purchase rival chip and storage systems
maker Agere Systems Inc. for $4 billion in stock.
http://msnbc.msn.com/id/16035022/
Wall Street Journal unveils redesign
The Wall Street Journal unveiled a new, smaller design on Monday that it hopes
will draw new readers to the newspaper, including young professionals.
http://msnbc.msn.com/id/16026512/
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