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Monday, June 30, 2014

Daily Investor Briefing: S&P, Nasdaq notch sixth straight...

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06/30/2014
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
S&P, Nasdaq notch sixth straight quarter of gains
NEW YORK (Reuters) - The S&P 500 and the Nasdaq Composite indexes wrapped up a sixth straight quarter of gains on Monday, a streak not seen in more than 14 years.
GM victims fund to have wide eligibility
(Reuters) - The compensation fund for victims of General Motors Co's defective ignition switch will be open to a broad range of people, with family members of those who died as a result eligible for at least $1 million, the attorney in charge of the fund said on Monday.
BNP pleads guilty, agrees to forfeit $8.8 billion in sanctions case
NEW YORK (Reuters) - BNP Paribas on Monday pleaded guilty to two criminal charges and agreed to forfeit $8.83 billion, as part of a broad investigation into allegations the French bank violated U.S. sanctions laws.
Holdout bondholders say Argentina not at negotiating table
NEW YORK (Reuters) - Holdout investors in Argentine sovereign debt said on Monday they have not met with the government to negotiate a settlement on defaulted debt, and accused the government of refusing to enter talks.
Fed's Williams sees no rate hike until after mid-2015
SUN VALLEY Idaho (Reuters) - The Federal Reserve will probably need to keep interest rates near zero for at least another year, a top Fed official said on Monday, even as he expressed optimism the economy is well on its way to health.
Sex video new twist in GSK China bribery scandal
SHANGHAI/LONDON (Reuters) - GlaxoSmithKline Plc's tangled web of problems in China, including a sex video of its former China chief and anonymous emails alleging corruption, are highlighted in a lengthy draft report prepared for the British drugs firm and seen by Reuters.
BMW to reveal Mexico factory plans this week: official
MEXICO CITY/MUNICH (Reuters) - Germany's BMW AG will unveil this week plans to build a new factory in Mexico, a government official said, as the company seeks to meet growing demand for premium cars.
Bombardier wins order for up to 24 regional jets
TORONTO (Reuters) - Canadian planemaker Bombardier Inc said on Monday an unidentified customer has ordered 16 CRJ900 regional jets in a $727 million deal that could swell to $1.1 billion if options for eight more of the planes are exercised.
U.S. safety agency probes 2005 Chrysler trucks over axle issue
DETROIT (Reuters) - U.S. safety regulators have opened an investigation into an estimated 260,000 model year 2005 Dodge Ram 1500 pickup trucks of Fiat Chrysler Automobiles because a loose fastener may cause the rear axle to lock up or detach.
Madoff, Stanford fraud victims dealt setbacks by U.S. top court
(Reuters) - Victims of the Ponzi schemes of Bernard Madoff and Allen Stanford, two of the largest in U.S. history, suffered setbacks on Monday as the U.S. Supreme Court refused to hear appeals in two cases seeking to recoup more money for them.
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