Daily Investor Briefing: S&P 500 posts second week of gains...

	Click to View in Browser 11/30/2012 S&P 500 posts second week of gains NEW YORK (Reuters) - The S&P 500 wrapped up its second positive week in a row on Friday, although it ended the day flat as politicians remain at odds about how to avoid the so-called fiscal cliff. Obama cranks up holiday pressure on Republicans in "fiscal cliff" talks HATFIELD, Penn. (Reuters) - President Barack Obama hit the road on Friday to turn up pressure on Republicans in the "fiscal cliff" talks, urging Americans to support his drive to raise taxes on the wealthy while extending tax cuts for the middle class. AMR wants keep control over bankruptcy through March 11 NEW YORK (Reuters) - American Airlines' bankrupt parent has asked a judge to extend by six weeks, through March 11, the period in which it has the exclusive right to propose a plan to exit bankruptcy. France clinches ArcelorMittal investment, saves jobs PARIS (Reuters) - The French government struck a deal with ArcelorMittal on Friday which will see the steelmaker invest 180 million euros ($234 million) in its Florange steelworks, allowing some 600 jobs at two shuttered blast furnaces to be saved. FedEx to hike ground shipping rates 4.9 percent in 2013 (Reuters) - FedEx Corp , the No. 2 U.S. package-delivery company, said on Friday it will raise its average rates for ground shipments and home deliveries by 4.9 percent beginning in January. Kingsford's Scially, noted short seller, to retire SAN FRANCISCO (Reuters) - Noted short seller David Scially of Kingsford Capital Management LLC is retiring at the end of this year, after more than a decade running the investment firm with partner Mike Wilkins, according to two people familiar with the situation. Pentagon, Lockheed agree deal for 32 more F-35 fighters WASHINGTON (Reuters) - Lockheed Martin Corp and the U.S. Defense Department have reached an agreement in principle on a fifth batch of 32 additional F-35 fighter planes, the Pentagon said on Friday, bringing nearly a year of negotiations to a close. Consumer spending, income stall; Sandy a factor WASHINGTON (Reuters) - Consumer spending fell in October for the first time in five months and income growth stalled, leading some economists to cut already weak estimates of fourth-quarter economic growth. Exclusive: Blackstone in lead for Allscripts, deal uncertain NEW YORK (Reuters) - Blackstone Group LP has emerged as the frontrunner in an auction for Allscripts Healthcare Solutions Inc , but the companies remain far apart on price and a deal is highly uncertain, people familiar with the matter said. German lawmakers approve Greek bailout despite qualms BERLIN (Reuters) - German lawmakers approved the latest bailout for Greece on Friday by a large majority despite growing unease about the cost to taxpayers less than a year before federal elections. Related Video Nintendo launches Wii U in Europe Trading at Noon: Retailers eye holidays; YUM's China woes Related News Consumer spending, income stall; Sandy a factor Kingsford's Scially, noted short seller, to retire 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