Business Today: S&P 500 ends up after two days of losses

	Click to View in Browser 09/19/2012 S&P 500 ends up after two days of losses NEW YORK (Reuters) - Stocks rose on Wednesday as investors dipped back into the market after the recent pullback from a rally that had driven the S&P 500 up to just shy of a five-year high. Housing recovery advances as resales hit two-year high WASHINGTON (Reuters) - Home resales rose in August to their highest rate in more than two years and groundbreaking on new homes also climbed, signs that a budding housing market recovery is gaining traction. Blackstone buys security firm Vivint for over $2 billion NEW YORK (Reuters) - Blackstone Group LP has agreed to buy home security provider Vivint Inc for more than $2 billion, betting that more households in North America will adopt its alarm, air conditioning and energy management systems. Adobe third quarter EPS in line, revenue falls short (Reuters) - Adobe Systems Inc, maker of Photoshop and Acrobat software, reported a quarterly profit in line with estimates but missed revenue expectations due to currency effects. Weak world economy smoothes way for deals, U.S. execs say BOSTON (Reuters) - The chief executives of 3M Co and Honeywell International Inc on Wednesday said the grim global economic outlook is whetting their appetite for acquisitions. Lessor defends aircraft industry in accounting spat PARIS (Reuters) - The aircraft leasing industry has hit back at criticism from its lenders over the way it values hundreds of billions of dollars of passenger jets in an obscure dispute that could hit the pockets of air travelers and the world's leading planemakers. Verizon, unions in tentative labor contracts NEW YORK (Reuters) - Verizon Communications and two unions have reached tentative agreements for labor contracts covering about 43,000 workers after more than a year of negotiations and a strike. Nasdaq defends Facebook compensation plan-letter to SEC (Reuters) - Nasdaq OMX Group Inc stood by its proposed $62 million plan to compensate firms affected by the fallout from Facebook's botched initial public offering, taking aim at UBS AG, Citigroup Inc and other parties that derided the payback plan. Exclusive: Boeing defense CEO says BAE-EADS merger needs scrutiny WASHINGTON (Reuters) - A possible merger of Europe's EADS and Britain's BAE Systems Plc would raise national security and industrial questions and should be reviewed carefully by government regulators, the head of Boeing Co's defense operations said on Wednesday. Draghi to discuss euro zone with Merkel next Tuesday: German source BERLIN (Reuters) - The head of the European Central Bank, Mario Draghi, will discuss the state of economic and currency union in the euro zone with German Chancellor Angela Merkel in Berlin next Tuesday, a senior German source said on Wednesday. Related Video Economy 2012: AGCO CEO says Europe is not a worry Engineers see inflight relief with climate control seats Economic News Fed's Lacker says open-ended easing moderates inflation risk Fed committed to growth push despite internal discord 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