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Monday, September 8, 2014

Daily Investor Briefing: Energy weighs on Dow, S&P, but Nasdaq...

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09/8/2014
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
Energy weighs on Dow, S&P, but Nasdaq ends up
NEW YORK (Reuters) - The Dow and S&P 500 ended lower on Monday, dragged down by declines in energy shares, while the Nasdaq advanced led by gains in Microsoft and Yahoo.
U.S. investors line up in droves to hear Alibaba's pitch
(Reuters) - Hundreds of hedge funds, mutual funds and other institutional investors lined up on Monday to hear Alibaba Group Holding Ltd's management pitch the company's shares, as the Chinese e-commerce giant kicked off a two-week IPO marketing blitz.
Boeing feels strong pressure to increase 737 jet output
NEW YORK (Reuters) - Ray Conner, chief executive of Boeing Co's commercial airplanes business, said on Monday the planemaker is being pressured to raise the production rate of its 737 jetliner, another signal the company is about to announce rate increases beyond current targets.
Electrolux takes on Whirlpool in U.S. with $3.3 billion GE Appliances buy
STOCKHOLM (Reuters) - Sweden's Electrolux AB said on Monday it would double U.S. sales by paying $3.3 billion in cash for General Electric Co's appliances business in its biggest ever deal, giving it the scale to go head-to-head with larger rival Whirlpool .
Canadian retailers bet on technology in fight with U.S. giants
TORONTO (Reuters) - Canadian retailers, scrambling to keep pace with the likes of Wal-Mart Stores Inc and Amazon.com Inc in an increasingly crowded market, are investing heavily in high-tech tools to lure shoppers.
Ryanair buys 100 Boeing 737 MAX jets, sees fare price war
(Reuters) - Ryanair Holdings Plc , Europe's largest low-cost carrier, signed a deal on Monday to buy 100 Boeing Co 737 MAX jetliners for up to $11 billion, launching a new version of the single-aisle plane that will allow it to squeeze in more passengers.
Jaguar targets women and younger drivers with its cheapest car
LONDON (Reuters) - British luxury carmaker Jaguar launched its cheapest ever car on Monday, the first new model in a range designed to widen its appeal to women and younger drivers and take on bigger rivals such as BMW, Audi and Mercedes-Benz.
Carmakers must respect drivers who are leery of new tech features: Bill Ford
DETROIT (Reuters) - Ford Motor Co Executive Chairman Bill Ford said new technologies that allow cars to talk to each other and drive themselves may scare some people, so the industry will need to allow consumers to opt out of such features.
In wake of Target, Home Depot tight with info in breach response
(Reuters) - Home Depot Inc is being tight-lipped about its possible credit card breach, the opposite approach to the one Target Corp took nearly a year ago.
Citigroup expenses rise to meet stress testing
NEW YORK (Reuters) - Citigroup Inc's third-quarter expenses are running "slightly higher" than three months ago because of efforts to prove to regulators that its risk and balance sheet management is good enough to allow more spending for dividends and share buybacks, the bank's chief financial officer said on Monday.
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