Daily Investor Briefing: S&P 500 ends above 2,000 for first...

	Click to View in Browser 08/26/2014 S&P 500 ends above 2,000 for first time NEW YORK (Reuters) - U.S. stocks inched higher on Tuesday, pushing the S&P 500 to its first close above the 2,000 mark after data that pointed to a brighter future for the economy. Burger King to buy Canada's Tim Hortons for $11.5 billion TORONTO, Aug 26 (Reuters) - Burger King Worldwide Inc announced plans to buy Canadian coffee and doughnut chain Tim Hortons Inc for C$12.64 billion ($11.53 billion) in a cash-and-stock deal that would create the world's third-largest fast-food restaurant group. Fund managers look to make room for Alibaba SAN FRANCISCO/NEW YORK (Reuters) - Investors are looking over portfolios to make room for Chinese e-commerce giant Alibaba Group Holdings Inc's market debut next month - and that means some less attractive stocks that funds are holding might be shown the door. Aircraft demand spurs record gain in U.S. durable goods orders WASHINGTON (Reuters) - Orders for long-lasting U.S. manufactured goods posted their biggest gain on record in July on strong overseas demand for aircraft, and the underlying trend also remained firm, pointing to brisk economic growth. Detroit, hold-out creditors must go to bankruptcy mediation: judge (Reuters) - Detroit and its major hold-out creditors were ordered on Tuesday into mediation, just a week before a key federal court hearing is to start in the city's historic bankruptcy case. Apple planning 12.9-inch iPad for 2015: Bloomberg SAN FRANCISCO (Reuters) - Apple Inc is preparing to roll out a larger, 12.9-inch version of its iPad for 2015, with production set to begin in the first quarter of next year, Bloomberg cited people with knowledge of the matter as saying on Tuesday. BNY Mellon sucked into center of Argentine debt storm BUENOS AIRES/NEW YORK (Reuters) - Bank of New York Mellon found itself front and center of Argentina's debt battle on Tuesday after the South American country stripped its authorization to operate there and bondholders seeking payment filed a lawsuit against the U.S. bank. RadioShack shareholder negotiating rescue package: Bloomberg (Reuters) - RadioShack Corp's second-largest shareholder, Standard General LP, is negotiating a rescue package with investors to help the consumer electronics retailer ward off bankruptcy, Bloomberg reported, citing people with knowledge of the matter. Schwab loses $15 million arbitration case against Morgan Stanley (Reuters) - Charles Schwab Corp. has lost a $15 million arbitration case against Morgan Stanley, which it accused of improperly recruiting brokers from a Schwab San Francisco branch who left with confidential trade secrets. Dollar stores in battle to double down on the poor (Reuters) - Like millions of Americans, Darnel Ware needs to save money, even if it's 40 cents on a bag of flour. Related Video Third time lucky for French government? Different paths to peace for Ukraine Related News BNY Mellon sucked into center of Argentine debt storm Schwab loses $15 million arbitration case against Morgan Stanley 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