Daily Investor Briefing: S&P 500's four-day rally ends on...

	Click to View in Browser 02/12/2014 S&P 500's four-day rally ends on P&G's outlook NEW YORK (Reuters) - The S&P 500 closed flat on Wednesday, with a four-day rally in the index just barely coming to an end after Procter & Gamble cut its outlook, though some positive earnings limited the decline and eased concerns that valuations had become stretched. Jobless drop will force Fed to more 'traditional' policy: Bullard NEW YORK (Reuters) - The Federal Reserve will probably have to return to more "traditional" policy-making now that the U.S. jobless rate has fallen to 6.6 percent, so close to the U.S. central bank's existing 6.5-percent threshold for considering an interest-rate rise, a top Fed official said on Wednesday. Exclusive: Drought could make Brazil lower 2014 fiscal goal - source BRASILIA (Reuters) - A drought that threatens to stretch Brazil's finances this year is making the government rethink its key fiscal goal, potentially paving the way for a smaller primary surplus target, a member of the administration's economic team told Reuters. Analysis: U.S. car sales slowdown triggers discount war DETROIT (Reuters) - A one-two punch of bad weather and overproduction has ignited a price war among U.S. car dealers and manufacturers. Apple, Time-Warner in talks over new Apple TV device: report SAN FRANCISCO (Reuters) - Apple Inc is in talks with Time Warner Cable and other content partners for a faster TV set-top box with a new user-interface that could be revealed as soon as April, Bloomberg cited sources familiar with the matter as saying. Exclusive: EU executive sees personal savings used to plug long-term financing gap LONDON (Reuters) - The savings of the European Union's 500 million citizens could be used to fund long-term investments to boost the economy and help plug the gap left by banks since the financial crisis, an EU document says. Bank of England points to 2015 rate rise, blurs guidance LONDON (Reuters) - The Bank of England said on Wednesday British interest rates could start to rise from record lows in little more than a year as a rapid recovery brings the economy closer to operating at full steam. Icahn says bylaw amendments on directors undercut shareholder rights NEW YORK (Reuters) - Corporate bylaw amendments that prohibit a prospective board member from gaining a board seat if the person receives compensation from a shareholder undermine shareholders' rights, activist investor Carl Icahn said on Wednesday. Morgan Stanley targets higher returns in investment management NEW YORK (Reuters) - Morgan Stanley's investment management unit is setting a goal of reaching $500 billion in assets and a 20 percent return-on-equity by 2016, the head of that business said on Wednesday. Panama Canal sets one week deadline to clinch deal PANAMA CITY (Reuters) - The Panama Canal has set a target of no more than a week to reach a deal to jumpstart work on a multi-billion dollar expansion of the waterway amid a cost row, its administrator said on Wednesday. Related Video Breakingviews: Rising dough Alibaba worth less for Yahoo Related News Want to help the kids? Be tactful and strategic Standard Chartered set to sell Swiss private bank 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