Newsletter BOX: Daily Investor Briefing: S&P 500 falls for fifth day, Wal-Mart...

09/25/2013

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

S&P 500 falls for fifth day, Wal-Mart weighs

NEW YORK (Reuters) - The S&P 500 fell for a fifth day on Wednesday, its longest losing streak since the end of 2012, on jitters funding for the federal government would run out and a drop in shares of Wal-Mart Stores.

JPMorgan in talks to settle government probes for $11 billion: reports

NEW YORK (Reuters) - JPMorgan Chase & Co is in talks with government officials to settle federal and state mortgage probes for $11 billion, according to published reports.

Fairfax's Watsa says confident BlackBerry bid will succeed

TORONTO (Reuters) - Fairfax Financial Holdings Ltd's Chief Executive Prem Watsa said on Wednesday he is confident the consortium he leads can find the money needed to fund a $4.7 billion bid for struggling smartphone maker BlackBerry Ltd.

Libor scandal shows pressures on 'honest brokers'

DUBLIN/LONDON (Reuters) - Evidence that interdealer brokers at ICAP conspired to rig Libor for a bank trader raises questions over such firms' role as honest go-betweens among banks and highlighted the pressure customers can put on them.

Exclusive: GTCR looks to sell hospital firm Capella Healthcare - sources

(Reuters) - Private equity firm GTCR LLC is exploring a potential sale of Capella Healthcare, a hospital operator that may be valued at a little less than $1 billion, two people familiar with the matter said on Wednesday.

ICAP fined $87 million over Libor, three former staff charged

LONDON (Reuters) - U.S. and British authorities on Wednesday fined ICAP, the world's biggest interdealer broker, $87 million and laid criminal charges against three former employees over the Libor interest rate rigging scandal.

U.S. durable goods edge higher, fiscal uncertainty weighs

WASHINGTON (Reuters) - Orders for long-lasting U.S. manufactured goods barely grew in August in a possible sign that companies are holding back on investments due to uncertainty over government spending.

Vietnam's VietJet agrees bumper $9 billion Airbus order

PARIS/HANOI (Reuters) - Low-cost airline VietJet agreed a provisional order for up to 92 Airbus jets worth $9 billion at list prices on Wednesday, stepping up expansion to make its mark in a fast-growing regional market.

Exclusive: Nokia weighs Alcatel tie-up after Microsoft deal - sources

NEW YORK/HELSINKI (Reuters) - Nokia is discussing internally whether to approach French rival Alcatel-Lucent about a tie-up, part of the Finnish company's review of how it can grow after the planned sale of its handset business to Microsoft Corp, several people close to the matter said.

Alitalia unlikely to be in for long haul without Air France: KLM

MILAN (Reuters) - Five years after Alitalia was rescued from bankruptcy, the options for the troubled Italian airline appear to be few: convince top shareholder Air France-KLM to support its new strategy or shut up shop.