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Tuesday, November 18, 2014

Daily Investor Briefing: Wall Street closes higher; Dow, S&P...

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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 closes higher; Dow, S&P end at records
NEW YORK (Reuters) - U.S. stocks rose on Tuesday, with the Dow and S&P 500 ending at records as healthcare shares advanced and optimism grew about the global economy.
Special Report: In Pentagon deal with Russians, big profit for tiny Florida firm
ATLANTA/MOSCOW (Reuters) - For months, a powerful U.S. senator has been pushing for details of a murky deal under which a Russian manufacturer supplies the rocket engines used to launch America's spy satellites into space.
Home Depot sales exceed expectations, but profit misses
(Reuters) - Home Depot Inc on Tuesday reported slightly higher-than-expected quarterly sales as an improving job market encouraged home owners to increase spending on renovations, but earnings came in just below Wall Street estimates.
Ackman supports Allergan's $66 billion sale to Actavis
(Reuters) - Activist investor William Ackman said on Tuesday he supports the $66 billion deal in which Actavis PLC will buy Allergan Inc and will withdraw his request for an Allergan special shareholder meeting.
U.S., Wells Fargo not as 'optimistic' about lawsuit settlement: lawyer
NEW YORK (Reuters) - Wells Fargo & Co and the U.S. Department of Justice are "no longer as optimistic" about settling a lawsuit accusing the country's largest mortgage lender of fraud, a lawyer for the bank said on Tuesday.
Madoff victims' recovery rises to nearly $10.5 billion
NEW YORK (Reuters) - The trustee recovering money for Bernard Madoff's victims on Tuesday announced two agreements to recoup more than $145 million, boosting the total amount raised to nearly $10.5 billion.
Exclusive: Blackstone chases Buffett with 'core' private equity
NEW YORK (Reuters) - Blackstone Group LP has reached out to its biggest fund investors about investing in a new investment vehicle with a longer investment horizon than the typical 10-year private equity fund, according to people familiar with the matter.
Airbus to deliver first A350 jetliner around December 12
SEATTLE (Reuters) - Airbus is aiming to deliver the first A350 jetliner around Dec. 12, with customer Qatar Airways being the first recipient, a representative of the airline said on Tuesday.
Takata senior VP to testify before U.S. Senate committee
WASHINGTON (Reuters) - Representatives of Takata Corp, Chrysler Group Llc, Honda Motor Co Ltd and the National Highway Traffic Safety Administration will testify before the U.S. Senate Commerce Committee on Thursday to answer questions about the dangers posed by air bags supplied by Takata.
British lawmakers to quiz bankers after forex fines: source
LONDON (Reuters) - British lawmakers will quiz top bankers in the wake of last week's $4.3 billion (3 billion deal with regulators to settle allegations of collusion and manipulation in the foreign exchange market, a source familiar with the matter said on Tuesday.
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