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Tuesday, January 6, 2015

Daily Investor Briefing: Wall Street falls for fifth day, but...

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Wall Street falls for fifth day, but ends off lows
NEW YORK (Reuters) - U.S. stocks fell for a fifth session on Tuesday as data showed the pace of growth in the U.S. service sector had slowed and oil prices fell further.
Oil down almost 10 percent in 2 days as hunt for bottom continues
NEW YORK (Reuters) - Global oil markets slumped for a fourth straight session on Tuesday, as mounting worries about a supply glut pressured crude prices, which are down almost 10 percent this week to hit their lowest since spring 2009.
Wall St. watchdog to target 'smart' ETFs, loans, in 2015 examinations
(Reuters) - Sales of "smart beta" funds, the fastest-growing segment of the exchange-traded fund market, are among the issues Wall Street's private watchdog will review in its 2015 examinations of U.S. brokerages, the regulator said on Tuesday.
Airbus beat Boeing in aircraft orders in 2014: source
PARIS (Reuters) - Airbus beat U.S. rival Boeing in aircraft orders in 2014, maintaining the lead in new business despite lagging in deliveries, a person familiar with the matter said on Tuesday.
Exclusive: Sell-side sours on U.S. energy stocks more than any sector
NEW YORK (Reuters) - As if plummeting oil prices were not giving energy companies enough to worry about in 2015, Wall Street has turned against the sector, with stock analysts slashing earnings estimates.
Harold Hamm offers $975 million divorce check; ex-wife rejects it
(Reuters) - Harold Hamm, chief executive of oil driller Continental Resources who is embroiled in a bitter divorce, offered to pay his former wife $974.8 million, but she rejected a hand-written check delivered to her legal team, his lawyer said on Tuesday.
U.S. services industry, factory data point to slower growth
WASHINGTON (Reuters) - Growth in the U.S. services sector braked in December and new orders for manufactured goods fell for a fourth straight month in November, signs the economy lost some momentum in the fourth quarter.
Germany, France take calculated risk with Grexit talk
BERLIN/PARIS (Reuters) - Evoking a possible Greek exit from the euro zone, Germany and France are taking a coordinated and calculated risk in the hope of averting a leftist victory in Greece's general election on Jan. 25.
Boeing sets industry record for 2014 deliveries
(Reuters) - Boeing Co said on Tuesday that it delivered 723 jetliners in 2014, setting an industry record and retaining its title as the world's biggest plane maker in 2014, besting rival Airbus Group .
Coach adds luxury shoes to offerings with Stuart Weitzman buy
(Reuters) - Coach Inc will buy women's luxury footwear company Stuart Weitzman Holdings LLC, as it looks to expand its high-end offerings to better compete with fast-growing rivals such as Michael Kors Holdings Ltd and Kate Spade & Co .
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