Daily Investor Briefing: Wall Street ends mostly flat; Boeing...

	Click to View in Browser 04/24/2013 Wall Street ends mostly flat; Boeing supports NEW YORK (Reuters) - Stocks ended mostly flat on Wednesday as Boeing scaled a five-year high, but weakness in Procter & Gamble kept the Dow in negative territory. Weak durable goods orders point to sluggish economy WASHINGTON (Reuters) - Orders for long-lasting U.S. manufactured goods recorded their biggest drop in seven months in March and a gauge of planned business spending rose only modestly, the latest signs of a slowdown in economic activity. ECB says ditching austerity would not help euro zone BRUSSELS/FRANKFURT (Reuters) - ECB policymakers rebuffed suggestions that Europe should ease up on austerity and said that while the central bank has room to cut interest rates, such a move would not necessarily help the economy much. Fisker, U.S. government grilled over loans to foundering carmaker (Reuters) - U.S. lawmakers grilled top officials from Fisker Automotive Inc on Wednesday over what was termed "the U.S. Department of Energy's bad bet" when it backed the "green" car-maker with hundreds of millions of dollars in loans. Qualcomm raises full-year forecast on smartphone demand SAN FRANCISCO (Reuters) - Leading cellphone chipmaker Qualcomm raised its full-year revenue forecast as demand for smartphones continues to grow. Hoax tweet tests firms that filter social media for Wall Street NEW YORK (Reuters) - Firms that scour social media sites such as Twitter for information to help investors and traders make money faced their biggest test yet this week. Boeing profit beats estimates despite 787 problems NEW YORK (Reuters) - Boeing Co's first-quarter earnings jumped nearly 20 percent, handily beating analysts' estimates and showing little impact from the 787 Dreamliner problems, sending the company's shares up more than 3 percent in midday trading. Pentagon sees Singapore's decision about buying F-35s by summer WASHINGTON (Reuters) - Singapore has shown "tremendous interest" in the F-35 Joint Strike Fighter developed by Lockheed Martin Corp and will likely decide by this summer whether to buy the new warplane, the Pentagon's F-35 program chief said on Wednesday. GE shareholders reject proposal to split chair, CEO roles (Reuters) - General Electric Co shareholders rejected a proposal on Wednesday to split the roles of chairman and chief executive, jobs currently held by Jeff Immelt. U.S. can sue BNY Mellon over currency trades: judge (Reuters) - A federal judge said on Wednesday the U.S. government can proceed with a lawsuit accusing Bank of New York Mellon Corp of overcharging clients for trading currencies, a case brought under a rarely-used financial fraud law. Related Video Daily Digit: Apple's $11.5 bln giveaway Trading at Noon: Planes, Phones & Pampers moving the market Related News Have fun now, retire later Apple, the Fed and the financial fallacy A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register 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 Friend us on Facebook Forward to a friend