The Other Side of Life 24/7: Daily Investor Briefing: Wall St. ends flat, but energy shares...

Monday, October 27, 2014

Daily Investor Briefing: Wall St. ends flat, but energy shares...

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10/27/2014

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

Wall St. ends flat, but energy shares lower

NEW YORK (Reuters) - U.S. stocks ended near flat on Monday, pausing after the S&P 500's biggest weekly gain since January 2013, while energy shares fell with another decline in oil prices.

Twitter forecasts soft fourth-quarter revenue, shares slide

SAN FRANCISCO (Reuters) - Twitter Inc's quarterly revenue surpassed expectations but it forecast fourth-quarter sales that may miss targets, sending its shares more than 8 percent lower.

Amgen profit tops Wall Street expectations; raises 2014 outlook

(Reuters) - Amgen Inc on Monday reported higher-than-expected third quarter profit and revenue, helped by strong demand for its white blood cell booster, Neulasta, and increased sales of newer drugs, and the company raised its full-year forecast.

U.S. safety regulators probe Chrysler Ram pickup recalls

DETROIT (Reuters) - U.S. safety regulators have opened an investigation of Chrysler Group's handling of two recalls for potential steering issues affecting nearly 1 million Dodge Ram pickup trucks in the United States.

Under full capital rules, 36 EU banks would have failed test

LONDON (Reuters) - Europe's banking health check has shown countries and lenders are implementing global capital rules at vastly different speeds, and 36 companies would have failed if new capital rules were fully applied.

U.S. services sector growth slows, pending home sales miss forecast

WASHINGTON (Reuters) - U.S. services sector activity dipped to a six-month low in October, while manufacturing output in Texas dipped, pointing to some moderation in economic growth early in the fourth quarter.

Deaths linked to GM's faulty ignition switch rise to 30

WASHINGTON (Reuters) - A program that compensates victims of accidents caused by a faulty ignition switch in General Motors vehicles has approved one new death claim, bringing to 30 the total number of fatalities linked to the issue so far, according to a report on Monday.

Toyota tops, Fiat Chrysler last in Consumer Reports quality survey

DETROIT (Reuters) - Toyota Motor Corp's namesake brand and its Lexus luxury brand finished one-and-two for the second year in a row in Consumer Reports' annual quality survey of the U.S. new-vehicle market, the influential magazine said on Monday.

Exclusive: Amazon buys comedy service Rooftop Media to expand digital content

NEW YORK (Reuters) - Amazon.com Inc is buying online comedy service Rooftop Media, a small deal that underscores the Internet retailer's broader ambition of becoming a media and entertainment powerhouse.

Valeant ready to raise Allergan bid to at least $200/share

(Reuters) - Valeant Pharmaceuticals International Inc on Monday said in a letter to Allergan Inc's board of directors that it was prepared to raise its offer to at least $200 per share but stopped short of doing so.