The Other Side of Life 24/7: Daily Investor Briefing: Dow, S&P 500 close at record highs...

Friday, June 20, 2014

Daily Investor Briefing: Dow, S&P 500 close at record highs...

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06/20/2014

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

Dow, S&P 500 close at record highs

NEW YORK (Reuters) - U.S. stocks rose on Friday, with the Dow and the S&P 500 both closing at record highs.

Exclusive: EU warns Ireland it could expand tax probe beyond Apple - source

BRUSSELS (Reuters) - The European Commission has told Ireland it may investigate more companies as part of a probe into the country's tax practices, after announcing a formal probe into Apple Inc's Irish subsidiaries, a person familiar with the matter said on Friday.

France picks GE for Alstom

PARIS (Reuters) - France chose General Electric to form an alliance with Alstom on Friday - rejecting an offer from Siemens and Mitsubishi Heavy Industries - but said the deal still needed some work and added it would buy a 20 percent stake in the hotly-contested company.

EU closes tax loophole for multinational firms

LUXEMBOURG (Reuters) - The European Union on Friday moved to close a loophole that has allowed multinational companies to reduce their tax bills by exploiting differences in national tax rules, ending months of negotiations and potentially boosting EU states' tax revenues.

U.S. reviewing reports of exhaust-gas leak in Ford Explorers

(Reuters) - The National Highway Safety Traffic Administration said on Friday it was reviewing reports that exhaust gases, including carbon monoxide, may enter the passenger compartment of some Ford Explorers, a potential safety issue that has prompted customer complaints and a recent lawsuit.

Verizon Wireless looking to buy Dish Network's spectrum: NY Post

(Reuters) - Verizon Communications Inc unit Verizon Wireless is looking to buy satellite-TV operator Dish Network Corp's spectrum to improve wireless internet speeds, the New York Post reported, citing sources familiar with the matter.

Argentina says it has no team for talks in debt battle

BUENOS AIRES/NEW YORK (Reuters) - Argentina hasn't prepared a team to go to New York to negotiate with holdout bondholders, Cabinet chief Jorge Capitanich said on Thursday, casting doubt over whether it will seek a deal to stave off a debt default.

Exclusive: BofA asks Holder to meet with its CEO - sources

NEW YORK/WASHINGTON (Reuters) - Brian Moynihan may be taking a play out of Jamie Dimon's book.

Publicis to focus on digital deals after merger collapse

CANNES FRANCE (Reuters) - Publicis boss Maurice Levy plans to shift the French advertising group more quickly and deeply into digital services following last month's collapse of his plan to merge with Omnicom to create the world's largest ad agency.

TPG, Carlyle eye $2.4 billion IPO for Australia's Healthscope: source

HONG KONG (Reuters) - Buyout firms TPG Capital and Carlyle Group are targeting a $2.4 billion initial public offering of shares in Australia's Healthscope Ltd as their most-favored option for the country's second-biggest private hospitals operator, a source with direct knowledge of plans told Reuters.