The Other Side of Life 24/7: Daily Investor Briefing: Wall St. ends sharply lower on BoJ...

Tuesday, June 11, 2013

Daily Investor Briefing: Wall St. ends sharply lower on BoJ...

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06/11/2013

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. ends sharply lower on BoJ policy

NEW YORK (Reuters) - Stocks slid in a volatile session on Tuesday after Japan's central bank disappointed equity markets by holding steady its monetary policy.

Dole's 90-year-old CEO offers to take company private

(Reuters) - At an age when many 90-year-olds are satisfied with playing gin rummy in a nursing home, Dole Food Co Inc Chief Executive David Murdock is planning his next big deal.

Google buys Israel's Waze to keep mobile maps lead

SAN FRANCISCO (Reuters) - Google Inc bought Israeli mapping startup Waze on Tuesday for just over $1 billion, a source familiar with the matter said, acquiring an online real-time mapping service to safeguard its lead in one of the most crucial aspects of smartphone usage.

Forest Labs to add Icahn rep to board, avert proxy fight

(Reuters) - Forest Laboratories Inc said on Tuesday it will add a representative of Carl Icahn as an independent member to its board, averting a new proxy battle with the billionaire investor.

Royalty pursuing hostile bid for Elan, fights Irish panel ruling

NEW YORK (Reuters) - Royalty Pharma, pursuing a hostile $8 billion takeover of Irish drugmaker Elan Corp Plc, moved on Tuesday to make sure it is not blocked by a potential $200 million share buyback and drug spinoff at the target company.

U.S. does not get 'unfettered access' to data: Google

(Reuters) - Google Inc asked the Department of Justice on Tuesday for permission to publish the total number of government requests for national security information, arguing the figures would show the company does not give the government "unfettered access" to its users' data.

Analysis: Is U.S. stock trading safer? Fewer erroneous trades seen

NEW YORK (Reuters) - The water may be safer than many investors thought.

GSK fires China research head over 'misrepresented' data

LONDON (Reuters) - British drugmaker GlaxoSmithKline has fired its head of research and development in China after discovering that a study by some of its Chinese scientists contained misrepresentation of data.

JPMorgan CEO Dimon defends disclosures in Whale episode

(Reuters) - JPMorgan Chase & Co Chief Executive Jamie Dimon, who won a strong vote of confidence from shareholders last month, on Tuesday defended the disclosures the bank made last year about its unfolding London Whale derivatives loss.

Praet says ECB has room to cut rates lower

FRANKFURT (Reuters) - The European Central Bank has room to cut interest rates further, Executive Board member Peter Praet said on Tuesday, adding that the central bank is paying "great attention" to euro zone inflation, currently below its target.