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Tuesday, March 18, 2014

Eat It Up

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Daily Investor Briefing: Wall Street ends higher for second...

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03/18/2014
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 Street ends higher for second session
NEW YORK (Reuters) - U.S. stocks climbed for a second straight session on Tuesday, as the S&P 500 came within several points of its record after comments from Russian President Vladimir Putin calmed worries that tensions over Ukraine could escalate.
GM CEO says only learned of defective cars in late January
DETROIT (Reuters) - General Motors Co Chief Executive Mary Barra said on Tuesday that she did not learn details about defective GM cars linked to 12 deaths until January 31, just two weeks after she took over as CEO and nearly 13 years after GM engineers first documented problems.
Oracle says new software sales rose 4 percent in third quarter
SAN FRANCISCO (Reuters) - Oracle Corp on Tuesday said new software sales and Internet-based software subscriptions in its fiscal third quarter rose 4 percent from a year earlier.
Weak U.S. inflation, housing data point to sluggish growth
WASHINGTON (Reuters) - U.S. inflation was muted in February and housing starts fell for a third straight month, giving the Federal Reserve plenty of room to keep interest rates low even as it scales back the amount of money it is pumping into the economy.
Microsoft shares flirt with dotcom-boom levels on iPad app report
(Reuters) - Microsoft Corp's shares scaled levels last seen in the dotcom boom following reports that the company plans to unveil an iPad version of its Office software suite, potentially generating billions of dollars in revenue.
Adobe's quarterly results beat estimates
(Reuters) - Adobe Systems Inc, the maker of Photoshop and Acrobat software, reported better-than-expected quarterly earnings and revenue, helped by strong demand for its digital marketing software.
Exclusive: EU legal opinion opens door to Tobin tax on forex
LONDON (Reuters) - Deals from the multi-trillion euro a day foreign exchange market could in principle be included in a tax on financial transactions, a legal opinion from European Union lawyers seen by Reuters said.
Alibaba leaning toward NYSE listing: Wall Street Journal
(Reuters) - Chinese e-commerce company Alibaba Group Holding Ltd is leaning toward listing its shares on IntercontinentalExchange Group's New York Stock Exchange instead of Nasdaq OMX Group's exchange, according to the Wall Street Journal.
Wells Fargo leaves CEO Stumpf's 2013 pay unchanged
(Reuters) - Wells Fargo & Co Chief Executive John Stumpf earned $19.3 million in 2013, identical to what he took home a year earlier, according to a filing with the U.S. Securities and Exchange Commission on Tuesday.
Apple replaces iPad 2 with iPad 4, launches cheaper iPhone 5C
(Reuters) - Apple Inc said it would offer an iPad 4 tablet in place of the mid-range iPad 2 at the same price and the company launched a cheaper, lower capacity version of its plastic-backed iPhone 5C in Australia, China and some European countries.
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