Daily Investor Briefing: Wall Street rises for seventh...

	Click to View in Browser 09/11/2013 Wall Street rises for seventh straight session, Apple drops NEW YORK (Reuters) - U.S. stocks ended higher on Wednesday, with the S&P 500 rising for a seventh straight day, as chances for an immediate military strike against Syria decreased, while a sell-off at Apple limited gains. Apple's shares tank as new iPhones fail to dazzle (Reuters) - Apple Inc's shares slid 6 percent on Wednesday as a pricier-than-expected iPhone "5C" extinguished hopes of a major expansion into lower-end markets such as China, while a fingerprint scanner-equipped premium version fell short on hardware advancements. Dell launches $5.5 billion loan to back leveraged buyout NEW YORK (Reuters) - Computer maker Dell Inc set indicative pricing on the new $5.5 billion loan backing the company's approximately $25 billion buyout by founder and CEO Michael Dell and private equity firm Silver Lake Partners, sources told Thomson Reuters LPC. SEC talks on Nasdaq failure to focus on backing up system NEW YORK (Reuters) - Federal regulators and stock exchange executives are likely to focus on the stock quotes processor behind Nasdaq's trading halt last month, but a quick resolution of system outages or market weak spots at the meeting on Thursday is unlikely. Analysis: Best Buy could climb higher if CEO Joly lives up to hype NEW YORK (Reuters) - Even though Best Buy Co's stock has tripled this year, riding on the success of CEO Hubert Joly's turnaround strategy, many on Wall Street think the retailer's resurgence isn't over. Deutsche Bank traders win unfair dismissal case FRANKFURT (Reuters) - Four traders have won a case for wrongful dismissal against Deutsche Bank AG , which had accused them of violating company policy by inappropriately communicating with other traders at the bank over the setting of interbank lending rates. SEC names attorney to head San Francisco office WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission said Jina Choi, a 13-year veteran attorney with the agency, will head the SEC's San Francisco office, the hub for many of the agency's investigations into some of the country's largest Silicon Valley technology companies. G.S. Electech executive indicted in U.S. for price fixing WASHINGTON (Reuters) - An executive with Japanese auto parts company G.S. Electech Inc has been indicted for allegedly fixing prices and rigging bids for parts in some antilock brake systems installed in U.S. cars, the Justice Department said on Wednesday. Monte dei Paschi sets guidelines for new restructuring plan MILAN (Reuters) - Italy's Monte dei Paschi di Siena said on Wednesday its board had discussed the guidelines for a new restructuring plan as it seeks to win a green light from the European Commission for a 4.1 billion euro ($5.45 billion) state bailout. Hermes tests European appetite for its young Chinese brand PARIS (Reuters) - Shang Xia, a Chinese brand backed by French luxury goods group Hermes , opened its first shop outside its home market in Paris on Wednesday to test demand among non-Chinese customers for its handcrafted products. Related Video Apple stock still a buy- S&P Capital IQ's Scott Kessler Cyber is defence industry's new battleground Related News Fed finally making policy for humans, not Vulcans: James Saft Money market reform could hike muni borrowing costs: Fidelity 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