Daily Investor Briefing: Home prices accelerate by most in...

	Click to View in Browser 05/28/2013 Home prices accelerate by most in seven years NEW YORK (Reuters) - Home prices accelerated by the most in nearly seven years in March as the spring buying season gave the sector traction, while surging consumer confidence pointed to some resilience for the economic recovery. Dow ends at record as central banks reassure Wall Street NEW YORK (Reuters) - Stocks rose on Tuesday, with the Dow closing at yet another record high, in the wake of Wall Street's first three-day losing streak of the year, after central banks reassured investors that they will keep policies designed to foster global growth. U.S. accuses cyber exchange of laundering $6 billion NEW YORK (Reuters) - U.S. prosecutors have indicted the operators of digital currency exchange Liberty Reserve, accusing the Costa Rica-based company of helping criminals around the world launder more than $6 billion in illicit funds linked to everything from child pornography to software for hacking into banks. Exclusive: Apache explores Gulf of Mexico shelf stake sale - sources NEW YORK (Reuters) - Apache Corp is exploring a sale of a stake in its shallow water Gulf of Mexico assets, attracting private equity interest as it looks to reach a $4 billion asset sale target, several people familiar with the matter said. Ray Lane leaves Fisker board as bidders circle automaker DETROIT (Reuters) - Venture capitalist Ray Lane resigned from "green" car startup Fisker Automotive's board of directors late last week, Kleiner Perkins Caufield & Byers confirmed on Tuesday. ST-Ericsson sells GPS business to Intel PARIS/SAN FRANCISCO (Reuters) - ST-Ericsson, a money-losing joint venture being wound down by owners STMicroelectronics and Ericsson, has sold its GPS mobile business to Intel. Tiffany's high-end jewelry sells briskly; lower end lags (Reuters) - Tiffany & Co's first-quarter sales topped expectations, boosted by improved demand for upscale jewelry especially in the United States and Japan. Excess reserve release to boost banks' profit: Bernstein (Reuters) - Large-cap U.S. banks such as Bank of America Corp , Citigroup Inc and PNC Financial Services Group Inc stand to gain from lower credit losses and the release of excess reserves, brokerage Sanford C. Bernstein said. Analysis: Brazil investments have a long, potholed road ahead SAO PAULO (Reuters) - If you think you're seeing light at the end of the tunnel for Brazil's economy, look again: it's just brake lights from a growing line of 18-wheelers. Teamsters union seeks to displace union at American Airlines (Reuters) - The Teamsters union on Tuesday ramped up its effort to displace the unions representing ground workers at American Airlines and US Airways Group , which plan to merge this year and form the world's biggest airline. Related Video Trading at Noon: Rally driven by auto & financial stocks Breakingviews: Valeant lives up to its name Related News 529 Rebels: Alternative ways to save for college Credit Suisse warns of U.S. tax spat escalation if talks fail 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