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Monday, January 14, 2013

Daily Investor Briefing: Apple drags on S&P, Nasdaq; Dell...

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01/14/2013
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
Apple drags on S&P, Nasdaq; Dell jumps after report
NEW YORK (Reuters) - The S&P 500 and Nasdaq ended lower on Monday as worries over demand for Apple products drove down its shares and as investors braced for earnings disappointments.
Insight: How SandRidge Energy's CEO adapted the Chesapeake playbook
(Reuters) - For 17 years, Tom Ward and Aubrey McClendon teamed up to build Chesapeake Energy Corp into the second-largest natural gas producer in the United States.
Facebook shares rise in buildup to mystery event, earnings
SAN FRANCISCO (Reuters) - Facebook Inc's stock opened on Monday above $32 for the first time since July as anticipation about upcoming products and financial results underscored Wall Street's renewed confidence in the online social network.
TNT slumps as UPS pulls bid on EU veto
AMSTERDAM (Reuters) - UPS is dropping its $7 billion bid for Dutch delivery firm TNT Express after European anti-trust regulators said they would veto it, leaving TNT's future in doubt and almost halving the value of its shares.
Citigroup emerging market chief Biglari to leave: memo
NEW YORK (Reuters) - Hamid Biglari, a 12-year veteran of Citigroup who was most recently head of emerging markets, is leaving the company, according to a memo from new CEO Mike Corbat on Monday.
Samsung urges U.S. court to keep allowing Galaxy phone sales
(Reuters) - Samsung Electronics Co Ltd has urged a U.S. appeals court to stand by its denial of Apple Inc's request to ban sales of the Galaxy Nexus smartphone while Apple challenges its patent, according to a document filed late last week.
Japan to probe fuel leaks on Boeing Dreamliner
TOKYO (Reuters) - Japan's transport ministry has launched an investigation into what caused two fuel leaks on a Boeing Co 787 Dreamliner jet operated by Japan Airlines Co , just days after U.S. authorities began a wide-ranging review of the aircraft following a series of incidents, including a battery fire.
When Goldman's new CFO talks, insiders listen
(Reuters) - In 2004, Harvey Schwartz, who was then head of the financing business at Goldman Sachs Group Inc's investment bank, came up with a new way for the bank to make money from a seemingly mundane activity: helping companies buy back their shares.
GM CEO says Opel not for sale
(Reuters) - General Motors CEO reiterated its Opel unit was not for sale, following a French media report that PSA Peugeot Citroen could take over the troubled European arm of the U.S. automaker.
Nasdaq plan to offer algorithmic trading denied by U.S. regulator
(Reuters) - Nasdaq OMX Group Inc's proposal to offer algorithmic trading services that would compete against similar services offered by broker-dealers has been denied by a U.S. regulator.
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