Daily Investor Briefing: S&P 500 sets record high but fails to...

	Click to View in Browser 08/25/2014 S&P 500 sets record high but fails to hold 2,000 mark NEW YORK (Reuters) - The S&P 500 was unable to hold the 2,000 mark after moving above the milestone level for the first time on Monday, but still managed to close at a record high, buoyed by financials and biotechnology stocks. New home sales fall, but U.S. economy stays on solid ground WASHINGTON (Reuters) - Sales of new U.S. single-family homes fell for a second straight month in July, but a surge in the stock of properties on the market and slower price gains should help stimulate demand in the months ahead. Investors look for more gains as U.S. S&P 500 index hits 2,000 milestone NEW YORK (Reuters) - The U.S. S&P 500 stock index broke through the landmark 2,000 level on Monday, marking a six-year rally which has benefited many Americans from Wall Street to Main Street. U.S. judge questions shareholder settlement with HP over Autonomy SAN FRANCISCO (Reuters) - A U.S. judge cast doubt on Monday over a proposed agreement struck between Hewlett-Packard Co and plaintiff shareholders to settle a lawsuit over the computing giant's botched acquisition of Autonomy Plc. Exclusive: Lonmin CEO denies job cuts plan, says focus is on ramp up JOHANNESBURG/LONDON (Reuters) - The chief executive of platinum producer Lonmin denied assertions from mining industry sources on Monday that the company aimed to cut around 5,700 jobs as part of a drive to restore profits after a five-month strike. Amazon snaps up live video startup Twitch for $970 million cash SAN FRANCISCO (Reuters) - Amazon.com Inc on Monday said it will buy live-streaming gaming network Twitch Interactive for about $970 million in cash, marking one of the U.S. e-commerce company's largest deals to date. Time Warner prepares to offer buyouts at Turner cable division (Reuters) - Time Warner Inc's Turner cable division is preparing to offer buyouts targeting 500 to 600 staffers, or roughly 4 percent or its workforce, according to a person familiar with the company. Russia orders temporary closure of one more McDonald's restaurant MOSCOW (Reuters) - Russian food safety watchdog said on Monday it had ordered the temporary closure of one McDonald's restaurant in the southern Stavropol region over sanitary violations. Burger King in talks to buy Canada's Tim Hortons NEW YORK/TORONTO (Reuters) - Burger King is in talks to acquire Canadian coffee and doughnut chain Tim Hortons Inc in a deal that would create a fast food powerhouse with a market capitalization of roughly $18 billion. Roche to buy U.S. biotech firm InterMune for $8.3 billion LONDON/ZURICH (Reuters) - Roche Holding AG has agreed to buy U.S. biotech company InterMune Inc for $8.3 billion in cash, helping the world's leading maker of cancer drugs expand into the treatment of rare or incurable diseases. Related Video Breakingviews: Burgers and ice buckets Burger King in talks to buy Tim Hortons Related News Investors look for more gains as U.S. S&P 500 index hits 2,000 milestone What your college kid isn't telling you about money 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