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Thursday, December 18, 2014

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Daily Investor Briefing: U.S. jobless claims signal firmer...

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12/18/2014
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
U.S. jobless claims signal firmer labor market; other data mixed
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, suggesting the labor market continued to strengthen.
S&P 500 posts biggest gain since Jan 2013; tech leads
NEW YORK (Reuters) - The S&P 500 posted its biggest jump since January 2013 on Thursday, extending a Fed-fueled rally from the previous session, as tech shares gained after stronger-than-expected results from Oracle.
Oil tumbles after brief rebound; Brent back below $60
NEW YORK (Reuters) - Global crude oil prices slumped anew on Thursday, a day after a short-covering rally, as traders placed fresh bets the market would resume a six-month rout on worries about a supply glut.
U.S. holiday sales may recover with help of deep discounts
CHICAGO (Reuters) - Despite a disappointing Thanksgiving weekend, U.S. holiday sales may squeak by expectations if steeper and longer-running discounts lure enough shoppers.
Icahn offers $20 million to keep Atlantic City Trump casino open
(Reuters) - Billionaire investor Carl Icahn offered to lend $20 million to help bankrupt casino operator Trump Entertainment Resorts Inc keep its Trump Taj Mahal casino in Atlantic City open.
Ford expands Takata driver-side air bag recall in U.S.
DETROIT (Reuters) - Ford Motor Co on Thursday expanded the recall of older-model Mustang cars that have driver-side Takata air bags with inflators, to include about 502,500 vehicles.
Canada unveils plan to auction wireless spectrum
TORONTO (Reuters) - The Canadian government unveiled a major update to its plan to allocate airwaves for mobile use on Thursday, and said an auction of high-frequency AWS-3 spectrum will begin on March 3, 2015.
U.S. December auto sales seen up 10.4 percent: JD Power, LMC
DETROIT (Reuters) - U.S. auto sales will end the year strongly, as December sales will be 10.4 percent higher than a year ago, JD Power & Associates and LMC Automotive said on Thursday.
Goldman's Waldron promoted to co-head of investment banking
NEW YORK (Reuters) - Goldman Sachs Group Inc has promoted John Waldron to co-head of its investment banking business, replacing John S. Weinberg, a vice chairman whose family has been in the senior echelons of the investment bank since the 1920s.
Two Wells Fargo units to pay $1.5 million for anti-money laundering lapses: FINRA
(Reuters) - Two brokerage units of Wells Fargo & Co must pay a joint $1.5 million fine for failing to comply with anti-money laundering regulations by not verifying 220,000 new accounts during a nine-year period, the Financial Industry Regulatory Authority (FINRA) said on Thursday.
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