RefBan

Referral Banners

Tuesday, October 23, 2012

Daily Investor Briefing: Weak outlooks doom Dow to worst day...

Click to View in Browser
10/23/2012
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Weak outlooks doom Dow to worst day in four months
NEW YORK (Reuters) - Stocks fell on Tuesday, driving the Dow industrials to the biggest drop since June 21, as weak results from index members DuPont and United Technologies showed profit growth is slowing.
Facebook mobile gains spur revenue growth
SAN FRANCISCO (Reuters) - Facebook Inc posted a better-than-expected 32 percent jump in third-quarter revenue to $1.26 billion, as the company reignited advertising growth with the help of gains in mobile.
Apple unwraps mini-iPad to take on Amazon, Google
SAN JOSE (Reuters) - Apple Inc took the wraps off an 8-inch tablet on Tuesday in its biggest product move since the debut of the iPad two years ago, launching a smaller version of the gadget into a market staked out by Amazon.com Inc and Google Inc.
Judges to weigh Rajaratnam appeal of insider case
NEW YORK (Reuters) - A panel of judges on Thursday will hear arguments that U.S. prosecutors should not have been able to play dozens of FBI wiretaps at the criminal trial of hedge fund tycoon Raj Rajaratnam, a closely watched appeal in one of the biggest insider-trading cases in a generation.
Sirius XM says CEO to step down
(Reuters) - Sirius XM Radio Inc said Chief Executive Mel Karmazin will step down on February 1, 2013, after the expiry of his employment agreement.
Consumers seen lifting GDP, but pace sluggish
WASHINGTON (Reuters) - A late spurt in consumer spending probably lifted U.S. economic growth in the third quarter, but the pace of expansion will be too meager to raise hopes stubbornly high unemployment will come down much further anytime soon.
Apax, KKR, Madison Dearborn bid for Heartland Dental: sources
NEW YORK (Reuters) - Private equity firms KKR & Co , Apax Partners and Madison Dearborn Partners are bidding for Heartland Dental Care Inc, one of the largest U.S. dental practice management companies and which could be worth around $1.3 billion, according to people familiar with the matter.
Wells Fargo raises share buyback authorization
(Reuters) - Wells Fargo & Co , the fourth-largest U.S. bank by assets, said its board had increased its stock repurchase authorization by 200 million shares.
Companies sharpen job-cutting shears as sales slow
BOSTON (Reuters) - Faced with weakening revenue, two of the largest U.S. companies warned on Tuesday that they would cut jobs to protect profits.
EU to mull plan to bring non-euro states into bank union
BRUSSELS (Reuters) - European Union countries will examine a plan this week to allow the ECB to supervise banks in states outside the euro zone alongside those within the currency area, according to an EU document that lays down limits on the central bank's role.
Related Video
Saft Says: Maybe it's not such a small world after all
Daily Digit: DuPont to cut 1,500 jobs
Related News

Securities regulator questions need for new broker standard

Feds step up investor fraud education efforts
SUBSCRIBE TO OTHER REUTERS NEWSLETTERS
Before the Bell
A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today  
 Reuters Deals Today
The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today  
» MORE NEWSLETTERS
- 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters
Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details
Subscribe to other Reuters newsletters.
Unsubscribe from this newsletter.
Follow us on Twitter facebook Friend us on Facebook Forward this newsletter to a friend Forward to a friend

No comments: