Daily Investor Briefing: Housing data hits Wall Street; S&P...

	Click to View in Browser 09/22/2014 Housing data hits Wall Street; S&P has worst day since Aug 5 NEW YORK (Reuters) - U.S. stocks closed lower on Monday, with the S&P 500 suffering its biggest one-day decline since early August, as the latest housing data came in much weaker than expected, raising new concerns about the rate of growth in the economy. Plosser, hawkish chief of Philadelphia Fed, to retire in March (Reuters) - Philadelphia Federal Reserve Bank President Charles Plosser, one of the sharpest internal critics of the central bank's loose monetary policy, will retire next year in a move that could ease pressure to raise interest rates more quickly. U.S. existing home sales fall, investors pulling back WASHINGTON (Reuters) - U.S. home resales unexpectedly fell in August as investors stepped away from the market, but the decline probably does not signal renewed weakness. U.S. SEC to pay $30 million-plus in largest whistleblower award WASHINGTON (Reuters) - An anonymous tipster living abroad will be receiving more than $30 million, in the largest whistleblower award ever doled out by U.S. securities regulators as part of a program that aims to incentivize insiders to report wrongdoing. Citigroup seeks stay on Argentine debt order; gov't threatens penalties NEW YORK (Reuters) - Citigroup Inc plans to ask a U.S. judge to put on hold an order barring it from processing payments on $8.4 billion in bonds issued under Argentine law following the country's record 2002 default, court documents showed. Starbucks testing stout beer-flavored 'dark barrel latte' (Reuters) - Dark beer lovers take note. Starbucks Corp is testing a "dark barrel latte" in a handful of its cafes in Ohio and Florida. Apple sells more than 10 million new iPhones in first 3 days (Reuters) - Apple Inc said it sold more than 10 million iPhones in the first weekend after its new models went on sale on Friday, underscoring strong demand for phones with larger displays. N.Y. financial regulator says to focus on cyber security NEW YORK (Reuters) - New York's financial regulator said on Monday his agency will focus on cyber security over the next year, saying the possibility of a systemic attack to the financial system is one thing that keeps him awake at night. Deaths linked to GM ignition-switch defect rise to 21 (Reuters) - The number of deaths linked to a faulty ignition switch in General Motors Co vehicles rose by two last week to 21, according to a report Monday from a lawyer overseeing a program to compensate victims of accidents caused by the recalled part. Germany's Merck to buy Sigma-Aldrich for $17 billion to boost lab supplies operation FRANKFURT (Reuters) - Drugs and chemicals maker Merck KGaA agreed on Monday to acquire U.S.-based Sigma-Aldrich Corp for $17 billion in cash to boost its lab supplies business, the biggest takeover in the German group's history. Related Video Apple's big iPhone sales already in the stock-BGC's Gillis Kudrin: Russia nose-diving to recession Related News Wells Fargo admits to control problems from insider-trading case Some U.S. hedge fund advisers run afoul of advertising rules: SEC 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