Daily Investor Briefing: Yellen stays the course, says Fed to...

	Click to View in Browser 02/11/2014 Yellen stays the course, says Fed to keep trimming stimulus WASHINGTON (Reuters) - Janet Yellen, fresh from taking the helm of the Federal Reserve, made it clear on Tuesday she would not make any abrupt changes to U.S. monetary policy, saying the central bank was on track to keep reducing its stimulus even though the labor market recovery was far from complete. Wall St. ends up for a fourth session as Fed policy intact NEW YORK (Reuters) - Wall Street rose for a fourth straight session on Tuesday as Congress agreed to advance legislation extending U.S. borrowing authority and the Federal Reserve held off from making any changes to its schedule for trimming stimulus. Analysis: Wall Street's best-kept secret may be earnings growth NEW YORK (Reuters) - Investors can't blame the stock market's bumpy ride so far this year on S&P 500 earnings, which could end the reporting period with the best quarterly growth in more than two years. New York regulator moving ahead on bitcoin regulation NEW YORK (Reuters) - New York's financial regulator on Tuesday revealed new details on his agency's plans to govern virtual currency firms in the state in order to protect consumers and combat money laundering. Ono board clears stock market plan, defers Vodafone offer MADRID/LONDON (Reuters) - Directors of Spain's largest cable operator, Ono, on Tuesday agreed to push ahead with their plan to list the company on the stock market and deferred a takeover approach from Britain's Vodafone , a source with knowledge of the matter said. Barclays to cut 12,000 jobs, pays bigger bonuses LONDON (Reuters) - Barclays said it would axe up to 12,000 jobs this year even as it raised bonuses for investment bankers, prompting fury among politicians and unions who said it had not learned the lessons of the financial crisis. Porsche to hit 200,000 car-sales target years ahead of plan: CEO LEIPZIG, Germany (Reuters) - Porsche expects to hit a target of selling more than 200,000 sports cars next year, three years earlier than originally scheduled, as the brand keeps pushing into sport-utility vehicles, Chief Executive Matthias Mueller said. Corzine fails to win dismissal of MF Global customers' lawsuit NEW YORK (Reuters) - A federal judge on Tuesday allowed a lawsuit to move forward that seeks to hold former MF Global Holdings Ltd Chief Executive Officer Jon Corzine and other executives responsible for the brokerage's collapse. Tough winter makes economic assessment hard: Fed's Plosser NEWARK, Delaware (Reuters) - Assessing the U.S. economy's underlying economic trends has become more difficult because of record low temperatures and heavy snowfall across much of the nation, Federal Reserve Bank of Philadelphia President Charles Plosser said on Tuesday. Lloyds to bulk up bonus pool by nearly 10 percent: Sky (Reuters) - State-backed Lloyds Banking Group is handing out 395 million pounds ($651.12 million) in bonuses for last year, including an award of just under 2 million pounds to its chief executive, Sky News reported, without citing sources. Related Video Gait sensors aim to keep horses healthier Yellen "surprised" by weak jobs reports Related News Elder poverty - however you measure it - is not going away Barclays says its Swiss private bank is part of U.S. tax deal 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