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Tuesday, February 10, 2015

Daily Investor Briefing: Wall St. ends higher on Greek debt...

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Wall St. ends higher on Greek debt hopes
NEW YORK (Reuters) - Stocks ended higher on Tuesday on hopes that Greek debt negotiations could result in a deal that stabilizes Europe, but a drop in oil prices limited the advance.
U.S. wholesale stocks weak; job openings highest since 2001
WASHINGTON (Reuters) - U.S. wholesale inventories barely rose in December, the latest suggestion that economic growth in the fourth quarter was even slower than initially thought.
Finance chiefs vow action to bolster growth at G20 meet, Greece weighs
ISTANBUL (Reuters) - Finance officials from the Group of 20 leading economies sketched an uncertain outlook for global growth on Tuesday and vowed to use monetary and fiscal policy if needed to stem any risk of stagnation.
Exclusive: Tesla CEO threatens firings after dismal China sales -sources
PARIS/DETROIT (Reuters) - Tesla Motors Inc Chief Executive Elon Musk is prepared to fire overseas executives, people with knowledge of the matter said, after weak Chinese sales of the company's luxury electric cars cast doubt on his ambitious global expansion plans.
EU's Juncker steps up contacts with Greece, scant progress so far
ATHENS/BRUSSELS (Reuters) - European Commission President Jean-Claude Juncker stepped up contacts with Greece's new leftist leader on Tuesday to try to bridge differences on the country's debt crisis but EU officials cautioned against expecting any breakthrough this week.
HSBC could face U.S. legal action over Swiss accounts
LONDON/ZURICH/WASHINGTON (Reuters) - HSBC Holdings Plc faces investigation by U.S. authorities and an inquiry by British lawmakers after admitting failings by its Swiss private bank that may have allowed some customers to dodge taxes.
Halliburton to cut thousands of jobs as oil slumps
NEW YORK (Reuters) - U.S. oil services company Halliburton said on Tuesday it expects to cut potentially more than 6,000 jobs across the globe because of a "challenging market environment" resulting from low oil prices.
Apple investing $850 million in California solar farm
SAN FRANCISCO (Reuters) - Apple Inc Chief Executive Tim Cook said on Tuesday the technology company is investing $850 million to build a solar farm in California with solar panel maker First Solar.
Oil falls sharply as IEA expects inventories to rise
NEW YORK (Reuters) - Crude oil prices fell for the first time in four sessions on Tuesday after the International Energy Agency (IEA) warned that ample supplies will raise global inventories before investment cuts begin to significantly dent production.
Goldman is jack-of-all-trades, not master of one: CEO
NEW YORK (Reuters) - Goldman Sachs Group Inc is trying to convince investors that its business model does not need to change.
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