RefBan

Referral Banners

Monday, July 29, 2013

Daily Investor Briefing: Wall St. ends lower ahead of Fed...

Click to View in Browser
07/29/2013
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
Wall St. ends lower ahead of Fed debate on stimulus policy
NEW YORK (Reuters) - Stocks fell on Monday as investors were cautious before this week's Federal Reserve meeting that could signal when the Fed might begin to scale back its stimulus efforts.
Publicis, Omnicom say major clients welcome merger
PARIS (Reuters) - The chief executives of Publicis and Omnicom said they had spoken to major clients about their planned merger and did not anticipate major problems with big advertisers defecting to rivals in the transition period.
IMF approves $2.3 billion aid for Greece
WASHINGTON (Reuters) - The International Monetary Fund's board on Monday completed the fourth review of Greece's bailout program, and approved a further 1.7 billion euros ($2.3 billion) in funds for the cash-strapped euro zone state.
Boeing asks for beacon checks on up to 1,200 jets
PARIS/SINGAPORE (Reuters) - Boeing has asked airlines to inspect up to 1,200 aircraft across their fleets to gather data on Honeywell emergency beacons that have come under scrutiny following a fire on a parked 787 Dreamliner two weeks ago.
Canada's Hudson's Bay to buy Saks for $2.4 billion
NEW YORK/TORONTO (Reuters) - Richard Baker is doubling down on his attempt to revive big-name department stores with a $2.4 billion bid to buy Saks Inc, bringing the iconic New York retailer under the same roof as Lord & Taylor and Canada's Hudson's Bay.
Experts predict long antitrust road for Omnicom, Publicis
WASHINGTON/BRUSSELS (Reuters) - Publicis and Omnicom will most likely have to shed some assets in order for their mega deal to win approval from regulators in the United States, Europe and 40 other countries where they operate.
SEC fraud case against ex-Goldman trader Tourre in homestretch
NEW YORK (Reuters) - Testimony ended Monday in the civil fraud case of Fabrice Tourre, with lawyers for former Goldman Sachs trader not calling any witnesses before the U.S. Securities and Exchange Commission's case goes to a Manhattan federal jury.
U.S., Japanese stocks boosts Loeb's Third Point fund
NEW YORK (Reuters) - Bets on U.S. and Japanese stocks helped Daniel Loeb's hedge fund, Third Point, gain 3.3 percent during the second quarter, even as equity and bond markets suffered rapid sell offs in June, the manager told his investors on Monday.
Judge says Bernanke should testify in AIG bailout lawsuit
(Reuters) - A U.S. judge ruled on Monday that Federal Reserve Chairman Ben Bernanke should testify in the multibillion-dollar lawsuit by the former chief of American International Group Inc , Maurice "Hank" Greenberg, against the United States over the insurer's 2008 bailout.
Exclusive: EU to clear US Airways, American $11 billion merger - sources
BRUSSELS (Reuters) - AMR Corp's American Airlines and US Airways will win EU approval for their $11 billion merger to become the world's largest carrier after agreeing to cede slots on a transatlantic route, three persons familiar with the matter said on Monday.
Related Video
"Tesla is important as an example to us" - BMW CEO Reithofer
Techquity: Cheaper iPhone clues, Amazon hiring
Related News

U.S. indicts hackers in biggest cyber fraud case in history

Frugal U.S. families focus on cheaper colleges: Sallie Mae
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: