Daily Investor Briefing: Wall Street rallies but ends lower...

	Click to View in Browser 09/26/2014 Wall Street rallies but ends lower for week NEW YORK (Reuters) - U.S. stocks ended higher on Friday, with the S&P 500 rallying back above a key technical level, but the advance was not enough to offset recent declines and major indexes closed out their worst week of the past eight. U.S. judge scrutinizes HP shareholder deal in Autonomy case SAN FRANCISCO (Reuters) - A U.S. judge on Friday sharply questioned provisions of a shareholder settlement that would release Hewlett-Packard Co executives from liability over the computing company's botched acquisition of Autonomy Plc. Business spending, exports spur big bounce in U.S. economy WASHINGTON (Reuters) - The U.S. economy grew at its fastest pace in 2-1/2 years in the second quarter with all sectors contributing to the jump in output in a bullish signal for the remainder of the year. 'Bond King' Bill Gross quits Pimco for Janus NEW YORK (Reuters) - Bill Gross, the bond market's most renowned investor, quit Pimco for distant rival Janus Capital Group Inc on Friday, the day before he was expected to be fired from the huge investment firm he co-founded more than 40 years ago. Citigroup, Argentina bond holdouts argue over $5 million payment: hearing NEW YORK (Reuters) - Creditors suing Argentina over defaulted debt battled with Citigroup Inc in a Manhattan federal courtroom on Friday over the bank's request to process a $5 million payment due September 30 on bonds issued under Argentina's local laws. GM's Opel says compact cars need checks for faulty steering FRANKFURT (Reuters) - General Motor's Opel business said on Friday that 8,000 of its Adam and Corsa compact cars delivered to customers in Europe since May 2014 need to be checked for faulty steering parts. Exclusive: Plan for U.S. securities audit trail seen delayed again NEW YORK (Reuters) - U.S. exchange officials are seeking more time to submit a plan for building a massive database for storing all equity and options transactions, a project designed to better monitor trading activity that took on urgency after the Flash Crash of 2010. Activist investor takes stake in Yahoo, urges AOL merger SAN FRANCISCO/NEW YORK (Reuters) - Activist investor Starboard Value LP said on Friday it has acquired a "significant" stake in Yahoo Inc and urged the Internet company to explore a merger with AOL Inc . Air France urges pilots to accept deal to end strike PARIS (Reuters) - Air France sought to bring a costly 12-day pilots strike, over the expansion of its budget Transavia unit, to an end on Friday with a series of proposals that won the backing of the company's board and French Prime Minister Manuel Valls. Gross' sudden Pimco exit may quicken outflows to rivals Bill Gross, who built Pimco into a $2 trillion asset manager and became one of the world's best-known bond investors, quit the firm he co-founded on Friday after his flagship fund suffered its 16th straight month of outflows and amid a Securities and Exchange Commission probe into whether one of his funds artificially inflated returns. Related Video PIMCO's Gross bolts to join Janus Banks may face £2bn UK FX fine Related News Gross' sudden Pimco exit may quicken outflows to rivals Gross' departure from Pimco followed clashes, threats to quit 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