The Other Side of Life 24/7: Daily Investor Briefing: Wall St. closes higher on easing Fed...

Thursday, June 13, 2013

Daily Investor Briefing: Wall St. closes higher on easing Fed...

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06/13/2013

Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between

Wall St. closes higher on easing Fed worries

NEW YORK (Reuters) - Stocks rallied on Thursday, rebounding after three days of losses, as stronger-than-expected retail and jobs data helped reassure investors about when the Federal Reserve would wind down its stimulus.

Exclusive: Goldman offers top clients automated block trading

NEW YORK (Reuters) - Goldman Sachs Group Inc has quietly offered some top clients a tool that allows them to plug into its trading system and buy or sell large blocks of stock electronically.

EADS boss sees strong Airbus orders at Paris Airshow

PARIS (Reuters) - European planemaker Airbus expects to sign orders for hundreds of passengers jets at next week's Paris Airshow, the head of parent company EADS said on Thursday.

Monte Paschi seeks to double capital increase: sources

MILAN/ROME (Reuters) - Top management at Banca Monte dei Paschi di Siena is pressing to increase the ceiling on a possible rights issue to 2 billion euros ($2.66 billion) from 1 billion euros, two sources familiar with the situation told Reuters.

Ford may develop new models as part of Lincoln brand revival

DETROIT (Reuters) - Ford Motor Co may branch out and develop new models for Lincoln in fast-growing vehicle segments as part of the second-largest U.S. automaker's latest attempt to revive the struggling luxury brand and boost its profits.

U.S., Arkansas sue Exxon over Pegasus pipeline spill

WASHINGTON (Reuters) - The Justice Department filed a joint lawsuit with Arkansas on Thursday against oil producer Exxon Mobil Corp over the pipeline spill in March of thousands of barrels of heavy Canadian crude oil in a suburban neighborhood.

Analysis: This time, bond investors think a Fed pullback is real

That's the judgment of U.S. government bond investors who believe the Federal Reserve is close to paring back its $2.5 trillion, 4-1/2-year bond purchase program, and it's causing turmoil in the U.S. Treasury market.

Sales, jobs data show underlying economic strength

WASHINGTON (Reuters) - Retail sales rose more than expected in May and first-time applications for unemployment benefits fell last week, signs of economic resilience in the face of belt-tightening in Washington.

Lululemon's Day says CEO search under way, other executives to be named soon

TORONTO (Reuters) - Lululemon Athletica Inc's outgoing chief executive said on Thursday the upscale yogawear retailer has begun its search for a new leader and will soon fill other senior positions.

Toyota Industries plans to invest $3 billion over three years: Nikkei

(Reuters) - Japanese machinery maker Toyota Industries Corp plans to invest about 300 billion yen ($3.18 billion) over the next three years as it looks to make itself more competitive, the Nikkei said.