Daily Investor Briefing: Wall Street slips as China trims...

03/5/2012 Wall Street slips as China trims growth target NEW YORK (Reuters) - Stocks fell on Monday for the second straight session and the third in the last four trading days, led lower by basic materials shares after China trimmed its growth target for 2012. Service sector expands at fastest pace in year NEW YORK (Reuters) - The services sector expanded at its fastest pace in a year in February, helped by a gain in new orders and as the housing market shows signs of stabilizing. Swiss lawmakers vote to accept U.S. tax plan ZURICH (Reuters) - Swiss lawmakers have passed a tax proposal seen as key to settling a U.S. probe into Swiss banks with hidden offshore accounts. Fed's Fisher says more bond buys risky DALLAS (Reuters) - Only a dire situation would call for the Federal Reserve to buy more assets, and that is unlikely given the better-looking economic data, a top central bank official said on Monday. AIG to sell $6 billion in AIA stock to repay bailout HONG KONG (Reuters) - American International Group is selling part of its stake in AIA Group to raise about $6 billion, which will help the insurer repay part of its government bailout. Top lenders back Greek bond swap plan LONDON/ATHENS (Reuters) - Major Greek bondholders voiced their support on Monday for a deal that will more than halve the value of their holdings as their contribution to keeping the country afloat. Wall Street's bonuses fell 25 percent in 2011: NYC monitor NEW YORK (Reuters) - Wall Street's bonuses were estimated on Monday to have fallen nearly 25 percent in 2011 by a New York City fiscal watchdog, almost twice what the state comptroller forecast last week. Slowing China aids global economic rebalancing LONDON (Reuters) - China's acceptance of a slower rate of growth rattled markets on Monday, but it also shows that the gradual rebalancing of the global economy long sought by world leaders is on track. Walgreen February sales hit by Express Scripts exit (Reuters) - Walgreen Co's comparable sales fell more than expected in February, the second month that the largest U.S. drugstore chain did not fill prescriptions for patients in the Express Scripts Inc pharmacy benefits network. Daimler to recall more than 100,000 trucks FRANKFURT (Reuters) - Daimler will recall more than 103,000 trucks in North America because of potentially faulty fuel lines, the United States National Highway Traffic Safety Administration (NHTSA) said on Monday. Related Video 3XSQ: Apple, Google to face another probe Trading at Noon: Wall St. off on economy concerns Related News Stockton, California's impact on muni landscape Why have Americans forgotten the IRA? A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend