  | | | S&P 500 closes flat after Fed minutes | | NEW YORK (Reuters) - The S&P 500 finished flat on Wednesday as U.S. stocks rallied back from earlier losses after minutes from the Federal Reserve's latest meeting indicated the central bank might be ready for another round of stimulus. | | |  | | | HP posts huge quarterly loss | | SAN FRANCISCO (Reuters) - Hewlett-Packard Co reported on Wednesday a loss of $8.85 billion after a massive writedown of the value of its services business, most of which was related to its purchase of EDS. | | | |  | | | Analysis: In Apple vs. Samsung, alchemy of damages takes the stage | | SAN JOSE, Calif (Reuters) - Between the hotshot designers and brainy engineers Apple Inc questioned for three weeks in the company's bitterly fought patent battle against Samsung Electronics Co Ltd, a marketing expert from MIT took Apple's lawyers all of three minutes. | | | |  | | | Fed looks set to ease fairly soon barring swift rebound | | WASHINGTON (Reuters) - The Federal Reserve is likely to deliver another round of monetary stimulus "fairly soon" unless the economy improves considerably, minutes released on Wednesday from the U.S. central bank's August meeting suggested. | | | | | Exclusive: KAR Auction exploring leveraged buyout - sources | | NEW YORK (Reuters) - Vehicle auction company KAR Auction Services Inc has held exploratory talks with private equity firms about a potential leveraged buyout, two people familiar with the matter said on Wednesday, in a deal that would top $4 billion. | | | |  | | | Knight Capital rescuers let Scottrade in on deal | | NEW YORK (Reuters) - The financial services firms that rescued Knight Capital Group after its near-fatal software glitch earlier this month have sold some of their preferred stock in the firm to retail online broker Scottrade, according to three people familiar with the transactions. | | | |  | | | Peregrine Financial trustee, clients parry over return of funds | | SAN FRANCISCO/NEW YORK (Reuters) - Six weeks after the collapse of Peregrine Financial Group, tensions are rising between customers clamoring for the release of frozen funds and a bankruptcy trustee skeptical of records at a brokerage whose CEO confessed to forging financial data. | | | |  | | | Brokers say Nasdaq's Facebook compensation plan not enough | | NEW YORK (Reuters) - Nasdaq OMX Group Inc's $62 million compensation plan for firms harmed by technical problems during Facebook's market debut does not go far enough, broker-dealers said in U.S. Securities and Exchange Commission filings. | | | |  | | | Home resales rise, housing recovery inches along | | WASHINGTON (Reuters) - Home resales rose in July, helped by low interest rates and increased hiring although the data still pointed to a slow recovery in housing that will provide only slight support for the economy. | | | | |  |  | | | 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 | |
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