Daily Investor Briefing: Wall Street ends flat as GDP,...

	Click to View in Browser 04/26/2013 Wall Street ends flat as GDP, Amazon.com weigh NEW YORK (Reuters) - Stocks ended little changed in thin volume on Friday, though the market had a strong week overall despite a mixed bag of earnings and weak economic figures. Growth falls short of forecasts, weakness ahead WASHINGTON (Reuters) - The economy regained speed in the first quarter, but not as much as expected, heightening fears it could struggle to cope with deep government spending cuts and higher taxes. U.S. files second lawsuit accusing Novartis of kickbacks NEW YORK (Reuters) - The U.S. government on Friday announced its second civil fraud lawsuit against Novartis AG in four days, accusing a unit of the Swiss drugmaker of paying multimillion-dollar kickbacks to doctors in exchange for prescribing its drugs. Goldman Sachs lines up $1.75 billion J.C. Penney loan: CNBC (Reuters) - Goldman Sachs has arranged a $1.75 billion financing package for retailer J.C. Penney Co Inc , backed by the department store chain's real estate and other assets, CNBC reported on Friday. Sprint sets tentative date for investor vote for SoftBank deal (Reuters) - Sprint Nextel Corp has set June 12 as the tentative date for a special meeting for shareholders to vote on its proposed $20.1 billion deal with SoftBank Corp , according to a document it said it filed with U.S. regulators. GM files registration statement to make shareholder sales easier DETROIT (Reuters) - General Motors Co on Friday filed a shelf registration statement that makes it easier for shareholders, including the U.S. Treasury, to sell stock in the company over the next three years. Portugal to challenge JPMorgan, Santander swaps in court LISBON (Reuters) - Portugal's government said on Friday it would challenge in court several high-risk hedge contracts signed by public companies and banks JPMorgan and the local unit of Spain's Santander to avoid losses for the debt-ridden state. Japan's SMBC said to be in talks for TPG's $1.2 billion Indonesian bank stake HONG KONG/TOKYO (Reuters) - Japan's Sumitomo Mitsui Banking Corp is in advanced talks to buy a $1.2 billion stake in BTPN, an Indonesian lender backed by TPG Capital, people familiar with the matter told Reuters. U.S. wants Diamondback's Newman to reimburse hedge fund NEW YORK (Reuters) - A Diamondback Capital Management portfolio manager convicted of insider trading should reimburse up to $12.9 million to his former employer, in addition to serving as much as 6-1/2 years in prison, federal prosecutors said on Friday. NY City sues BP over Deepwater Horizon spill: Comptroller NEW YORK (Reuters) - New York City said on Friday it sued BP Plc for more than $39 million of losses it claims beneficiaries of the city's pension funds sustained due to BP's "misconduct and fraudulent behavior" linked to the 2010 Deepwater Horizon oil spill. Related Video 2.5% economy may be as good as it gets London's Bond Street a magnet for foreign investors Related News Column: Gambling with your retirement: PBS gets in on the action Column: Twilight of the middle class? - Chrystia Freeland 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