Daily Investor Briefing: Wall Street starts second quarter...

Click to View in Browser 04/2/2012 Wall Street starts second quarter with rally NEW YORK (Reuters) - U.S. stocks started the second quarter with a bang on Monday, with the S&P 500 climbing to a fresh four-year high as manufacturing data from the United States and China helped support the outlook for economic growth. Manufacturing up, construction spending falls NEW YORK (Reuters) - The pace of growth in manufacturing picked up last month, even as measures of new orders and exports eased, underscoring how the economy is recovering at a gradual clip. Avon rejects $10 billion takeover bid from Coty (Reuters) - Avon Products Inc on Monday rejected a $10 billion offer from smaller beauty products company Coty Inc that puts it into play as it faces sliding sales and a bribery probe. Goldman Sachs eyes $3 billion property debt fund: report LONDON (Reuters) - A private equity arm of Goldman Sachs is looking to launch a $3 billion property debt fund in a bid to take advantage of a growing shortage of real estate financing across the UK and Europe, British newspaper the Times said on Monday. Oracle suit versus Google at settlement impasse: judge SAN FRANCISCO (Reuters) - Oracle Corp and Google Inc have reached an "irreconcilable impasse" in settlement negotiations in a high-profile intellectual property lawsuit and the companies' lawyers should prepare for trial, a U.S. magistrate judge ruled on Monday. Analysis: U.S. CEOs' take-home pay climbs on stock awards (Reuters) - The take-home pay of U.S. chief executives grew at least 10 percent in 2011, propelled largely by a stock market rally, according to consultants' estimates. DBS to test Indonesian openness with $7.2 billion takeover SINGAPORE/JAKARTA (Reuters) - Singapore's DBS Group , Southeast Asia's biggest bank, is to buy Indonesia's Bank Danamon for $7.24 billion, in a deal that could stir nationalist opposition stoked by anxious local rivals. Pinnacle Airlines files for bankruptcy in U.S. (Reuters) - Pinnacle Airlines Corp , parent of Pinnacle Airlines and Colgan Air, filed for bankruptcy protection, the latest victim of high fuel prices and dampened travel demand. More N.Sea crude benchmark hit as BP shuts platform LONDON (Reuters) - British oil major BP said on Monday it had shut the Valhall platform in the North Sea last week, while traders said the shutdown led to loading delays of one of the four crude oil streams used for the global price benchmark. Exclusive: Macquarie eyes $2 billion infrastructure fund-sources NEW YORK (Reuters) - Australia's Macquarie Group Ltd , the world's largest manager of infrastructure assets, is preparing to raise a $2 billion infrastructure fund in 2012, its third focused on the United States and Canada, people familiar with the matter said. Related Video LIGHTNING ROUND: Nat gas will fall below $2 in April- trader The nuts and bolts of a mixed recovery Related News Green investing good for world, maybe not for you Tax breaks for underwater homeowners 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