Referral Banners

Wednesday, February 11, 2015

Daily Investor Briefing: Wall St. ends flat while investors...

Click to View in Browser
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 while investors await Greece, Ukraine news
NEW YORK (Reuters) - The S&P 500 index finished unchanged on Wednesday as investors were reluctant to make big bets while they waited for the outcomes of major talks involving Greece and Ukraine, but Apple helped boost the Nasdaq after an activist investor's bullish comments.
Icahn values Apple at more than $1 trillion
(Reuters) - Activist investor and major Apple Inc shareholder Carl Icahn said the iPhone maker's stock should be trading at $216, far above its record high of $124.92 hit on Wednesday.
PepsiCo profit beats estimates; $12 billion buyback planned
(Reuters) - PepsiCo Inc on Wednesday reported a higher-than-expected quarterly profit, helped by increased sales at its Frito-Lay snack business, and said it would buy back up to $12 billion in stock by 2018.
Greek finance minister enters euro zone lions' den
ATHENS/BRUSSELS (Reuters) - Greek Finance Minister Yanis Varoufakis began tense talks with euro zone finance ministers on Wednesday after his new leftist-led government won a parliamentary confidence vote for its refusal to extend an international bailout.
UK may follow U.S. lead if pursues HSBC over tax
LONDON (Reuters) - British authorities may follow a trail set by their U.S. counterparts in investigating allegations that HSBC's Swiss private bank helped its customers dodge taxes, lawyers say.
General Electric to allow shareholders to nominate directors
WASHINGTON (Reuters) - General Electric Co. changed its bylaws earlier this month to create an easier path for shareholders to nominate directors to its corporate board, the company disclosed in a filing on Wednesday.
Cisco revenue rises 7 percent on higher demand for switches, routers
(Reuters) - Network equipment maker Cisco Systems Inc CSCO.O reported a 7 percent rise in quarterly revenue, helped by higher demand for switching equipment and routers.
SEC probes disclosures tied to Icahn takeover of CVR: U.S. filing
NEW YORK (Reuters) - The Securities and Exchange Commission is investigating whether CVR Energy Inc might have made misleading disclosures to investors during its unsuccessful defense against billionaire Carl Icahn's 2012 hostile takeover, court documents show.
Shell says labor talks not broken off, contrary to media report
HOUSTON (Reuters) - A Royal Dutch Shell spokeswoman said on Wednesday that talks with the United Steelworkers union (USW) were not broken off on the 11th day of a refinery workers strike, contrary to a media report in the morning.
Exclusive: Credit Suisse to move London, Paris traders to asset management arm
LONDON (Reuters) - Credit Suisse is preparing to move a London and Paris-based trading team out of its investment banking unit and into its asset management arm to raise external capital, sources familiar with the matter said.
Related Video
Raising Time Warner 12-month stock target-S&P's Tuna Amobi
How strong is Germany's Greek resolve?
Related News

UK may follow U.S. lead if pursues HSBC over tax

Is organic chocolate worth the price?
Before the Bell
A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today  
 Reuters Deals Today
The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today  
- 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters
Ensure delivery of Reuters Newsmails, add to your address book. Details
Subscribe to other Reuters newsletters.
Unsubscribe from this newsletter.
Follow us on Twitter facebook Friend us on Facebook Forward this newsletter to a friend Forward to a friend