Daily Investor Briefing: Wall Street drifts to another record...

	Click to View in Browser 08/27/2014 Wall Street drifts to another record in light trading NEW YORK (Reuters) - U.S. stocks were little changed on Wednesday, with the S&P 500 creeping up to another record closing high in a lethargic session, though a number of retail stocks traded heavily after reporting results. IMF's Lagarde put under investigation in French fraud case PARIS (Reuters) - IMF chief Christine Lagarde has been put under formal investigation by French magistrates for alleged negligence in a political fraud affair dating from 2008 when she was finance minister. U.S. judge rejects Apple bid for injunction against Samsung SAN FRANCISCO (Reuters) - A U.S. judge rejected Apple Inc's latest bid for a permanent injunction against Samsung Electronics Co Ltd in another sign of the diminishing impact of the smartphone patent wars. Alibaba revenue soars ahead of IPO (Reuters) - Alibaba Group Holding Ltd's [IPO-BABA.N] revenue accelerated in the second quarter on strong gains in its mobile business, providing investors with what may be the final glimpse of the Chinese e-commerce company's financials before its expected landmark market debut. PwC must face $1 billion lawsuit over MF Global advice NEW YORK (Reuters) - A federal judge on Wednesday ordered PricewaterhouseCoopers to face a $1 billion lawsuit claiming that its bad accounting advice was a substantial cause of the October 2011 bankruptcy of MF Global Holdings Ltd, a brokerage run by former New Jersey Governor Jon Corzine. Argentina wants deal with all holdout investors together BUENOS AIRES (Reuters) - Argentina's government on Wednesday ruled out further piecemeal debt talks with a small group of U.S. hedge funds and said the country needed to strike a deal with all bondholders which have rejected past restructuring agreements as a single group. JPMorgan attacked by Russian computer hackers: report (Reuters) - JPMorgan Chase & Co and at least one other bank were attacked by Russian hackers in mid-August and the FBI is investigating whether the assault was in retaliation for U.S.-government sponsored sanctions against the country, according to a report by Bloomberg News citing two unnamed sources. Valeant, Ackman get October 6 trial over Allergan special meeting WILMINGTON Del. (Reuters) - Valeant Pharmaceuticals International Inc and activist investor William Ackman got their request for an expedited trial on Wednesday over the timing of a special meeting of Allergan Inc shareholders, a key to their $50 billion hostile takeover fight. GM to make Mexico-built Cadillac SRX crossover in Tennessee DETROIT (Reuters) - General Motors Co will shift production of its Cadillac SRX crossover vehicle from Mexico to its plant in Spring Hill, Tennessee, where the company once built vehicles for its defunct Saturn brand, the company and the United Auto Workers union said on Wednesday. Tyson wins antitrust nod for Hillshire deal: U.S. Justice Department WASHINGTON (Reuters) - Tyson Foods Inc, the largest U.S. meat processor, won U.S. antitrust approval for its purchase of Hillshire Brands Co, the Justice Department said on Wednesday. Related Video Who wants to buy Snapchat? Microsoft, Google, Apple, Alibaba Winds of change in corporate governance Related News ECB says selects Blackrock to help develop ABS plan Serving clients, not beating markets 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