Daily Investor Briefing: Wall St. ends flat, S&P edges up to...

	Click to View in Browser 12/29/2014 Wall St. ends flat, S&P edges up to record high (Reuters) - U.S. stocks ended little changed in thin trading on Monday and the S&P 500 notched its latest record high, but gains were curbed when an early rally in energy prices lost momentum. Oil prices fall more than $1, dropping to five-year lows NEW YORK (Reuters) - Crude oil prices on tumbled on Monday, with global grades settling down more than $1 a barrel after an early rally fizzled and prices fell to their lowest levels since May 2009. Small U.S. firms may struggle with new UPS, FedEx dimensional prices CHICAGO (Reuters) - United Parcel Service Inc and FedEx Corp are rolling out new pricing systems to curb online retailers' large package sizes, but industry experts warn many small firms are unprepared and could pay up to 50 percent more for shipping. Credit Suisse to fight New York mortgage securities case ZURICH (Reuters) - Credit Suisse Group AG has signaled that it intends to fight a U.S. lawsuit that accuses the Swiss bank of deceiving investors in mortgage-backed securities it had issued. Former Chrysler unit recalls 66,819 older pickups for clutch issue DETROIT (Reuters) - FCA US, the former Chrysler Group, said on Monday it is recalling almost 67,000 older-model pickup trucks equipped with manual transmissions globally for possible clutch problems that have been linked to one death. Subway investigates China media reports of doctored expiry dates SHANGHAI (Reuters) - U.S. fast-food chain Subway is investigating media reports in China that workers at an outlet in Beijing doctored food labels and used produce beyond its expiry date, a Shanghai-based spokeswoman for the firm said on Monday. Russian economy suffers first contraction since global crisis MOSCOW (Reuters) - Russia's economy shrank sharply in November and the rouble resumed its slide on Monday as Western sanctions and a slump in oil prices combined to inflict the first contraction in GDP since the global financial crisis. Burger chain Shake Shack files for IPO (Reuters) - Burger chain Shake Shack Inc, which grew out of a hot dog stand in New York's Madison Square Park, has filed for an initial public offering at a time when stock offerings by casual restaurants have proven to be a big hit with investors. Icahn acquires stake in Manitowoc, seeks splitup (Reuters) - Carl Icahn reported a 7.7 percent stake in Manitowoc Co Inc , and became the second activist investor this year to push for a splitup of the company's crane and foodservice equipment businesses. AirAsia has little margin for error in crisis over missing jet KUALA LUMPUR/SINGAPORE (Reuters) - As AirAsia Bhd grapples with its first airliner disaster since its founding a dozen years ago, Asia's biggest budget carrier will have little margin for error given tough competition and thin profits in the sector. Related Video New talks to help solve Ukraine crisis No new year cheer for Russia's economy Related News U.S. credit union regulator sues Wells Fargo over crisis-era trusts Fidelity Contrafund sells energy stocks, buys Southwest, FedEx 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