Business Today: Wall Street edges down after recent rally; retailers weigh

	Click to View in Browser 11/26/2012 Wall Street edges down after recent rally; retailers weigh NEW YORK (Reuters) - Wall Street slipped on Monday, pulling back from last week's gains, as retailers fell on concerns about heavy discounts at the start of the U.S. holiday shopping season and the overhang of the "fiscal cliff" kept investors wary of making big bets. HP hit with civil securities lawsuit over Autonomy deal SAN FRANCISCO (Reuters) - Hewlett-Packard Co was sued on Monday by an investor who claimed the company knew statements about its Autonomy acquisition were misleading and led the stock to fall, according to lawyers representing the plaintiff. Schapiro stepping down at SEC, Walter to step in WASHINGTON (Reuters) - The head of the U.S. Securities and Exchange Commission, Mary Schapiro, will step down in December after a tumultuous four years in which she tried to rehabilitate the agency's battered reputation. Boeing says more work needed before launch of stretch 787 (Reuters) - Boeing Co said on Monday it was moving ahead with plans for a stretch version of its fuel-efficient 787 Dreamliner but added that more work is needed before it obtained approval for an official launch. Lehman to sell Archstone to Equity Residential, AvalonBay for $6.5 billion NEW YORK (Reuters) - Lehman Brothers Holding Inc has agreed to sell apartment owner Archstone to rivals Equity Residential and AvlanonBay Communities Inc for $6.5 billion in cash and stock, Lehman said on Monday. Chrysler to showcase new glam minivan this week DETROIT (Reuters) - Chrysler Group LLC , which popularized the minivan segment nearly 30 years ago, will showcase an upscale version of its Chrysler Town & Country family minivan at the Los Angeles Auto Show this week. Ex-SAC manager granted $5 million bail in trading case NEW YORK (Reuters) - A former SAC Capital portfolio manager was released on $5 million bail on Monday after making his first appearance in a New York court on charges of making illegal trades that hedge fund titan Steven A. Cohen personally signed off on. Canada's Carney named Bank of England chief LONDON/OTTAWA (Reuters) - Britain named Canadian central bank chief Mark Carney on Monday to head the Bank of England, springing the surprise choice of a foreigner to push reform of its troubled financial system. Euro zone to seek Greek aid deal without write-off BRUSSELS (Reuters) - Euro zone finance ministers and the International Monetary Fund made their third attempt in as many weeks to agree on releasing emergency aid for Greece on Monday, with policymakers saying a write-down of Greek debt is off the table for now. Retail stocks slip, holiday sales boost seen fleeting NEW YORK (Reuters) - Investors shrugged off images of massive lines at stores over the four-day Thanksgiving weekend and focused on concerns that any strength at the traditional kickoff of the holiday shopping season will be fleeting, sending many retailers' shares down on Monday. Related Video Canada's Mark Carney to head Bank of England Euro zone, IMF at odds over Greek loans Economic News Consumers to spend less if middle-class taxes rise: White House U.S. business borrowing for equipment dips in October: ELFA 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