RefBan

Referral Banners

Friday, December 7, 2012

Daily Investor Briefing: Dow, S&P rise on jobs, but Apple...

Click to View in Browser
12/7/2012
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
Dow, S&P rise on jobs, but Apple bites Nasdaq again
NEW YORK (Reuters) - The Dow and the S&P 500 advanced modestly on Friday, though another sell-off in Apple depressed technology shares and kept the Nasdaq negative, overshadowing a sharply better-than-expected jobs report.
Employment ducks superstorm Sandy punch
WASHINGTON (Reuters) - Companies kept up their steady but slow hiring pace in November, defying predictions that superstorm Sandy would deal a big blow to the labor market.
US Air makes AMR merger offer, Jan deal possible: source
NEW YORK (Reuters) - US Airways Group Inc has made a formal merger proposal to American Airlines parent AMR Corp and its creditors that could value the combined airline at around $8.5 billion, a person familiar with the situation said on Friday.
Goldman Sachs fined $1.5 million for trading glitch
WASHINGTON (Reuters) - Goldman Sachs Group Inc was fined $1.5 million to settle charges it failed to supervise its traders and allowing one futures dealer to hide billions in dollars from sight and causing a $118 million loss.
China nod clears way for Glencore's Viterra purchase
(Reuters) - Glencore International Plc won approval from China's Ministry of Commerce on Friday for its C$6 billion ($6 billion) purchase of Canadian grain handler Viterra Inc, clearing the last regulatory hurdle for the long-delayed deal.
Mercedes-Benz eyes big score with new car ad in Super Bowl 2013
NEW ORLEANS (Reuters) - While millions of TV viewers focus on the outcome of the upcoming Super Bowl XLVII in New Orleans, executives at Mercedes-Benz USA will be waiting for a late-game commercial introducing the car they hope will bring them thousands of new, younger customers.
BofA and U.S. Bancorp can be sued as WaMu bond trustees: judge
NEW YORK (Reuters) - Bank of America Corp and U.S. Bancorp can be sued over a pension fund's allegations they failed to protect investors while acting as trustees of mortgage-backed securities for Washington Mutual Inc, a federal judge ruled on Friday.
Chinese group in talks to buy AIG air lease arm
HONG KONG/NEW YORK (Reuters) - A group of Chinese companies, including Industrial and Commercial Bank of China (ICBC), is in talks to buy nearly all of American International Group Inc's aircraft leasing unit for about $5.5 billion, AIG said on Friday.
Merrill sweetens settlement for ex-brokers in deferred pay cases
(Reuters) - Merrill Lynch may be one step closer to ending its battle with former brokers who say the firm denied them deferred compensation when they left after the brokerage was bought by Bank of America Corp .
Aetna reaches $120 million settlement over reimbursements
(Reuters) - Aetna Inc , the third-largest U.S. health insurer, has agreed to pay as much as $120 million to settle nationwide litigation over how it reimburses members for out-of-network medical services.
Related Video
The Exchange: Whistleblowing in Japanese
James Bond's car shifts into new gear
Related News

Employment ducks superstorm Sandy punch

Layoff rumors? Gird yourself before the axe falls
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: