| | | NEW YORK (Reuters) - Stocks ended flat to slightly lower on Tuesday after bellwether FedEx cut its profit forecast and investors pulled back after last week's rally on central bank stimulus. | | | | | | ANN ARBOR, Mich./FLORHAM PARK, New Jersey (Reuters) - The Federal Reserve will not waver from its aggressive policy stance when one of its two bond-buying programs expires at year end, and it is prepared to do even more to get Americans back to work, two Fed officials said on Tuesday. | | | | | NEW YORK (Reuters) - Blackstone Group LP is nearing an agreement to buy home security firm Vivint, according to three people familiar with the matter, in a deal that is expected to value the company at as much as $2 billion. | | | | | | | (Reuters) - Goldman Sachs Group Inc Chief Financial Officer David Viniar will retire at the end of January, to be replaced by Harvey Schwartz, who is now global co-head of securities, the investment bank said on Tuesday. | | | | | | | TORONTO (Reuters) - Research In Motion's shares jumped on Tuesday after it signed a patent licensing deal with Microsoft Corp to use one of the technology company's file storage systems. | | | | | | | (Reuters) - China's Alibaba Group said it bought back half the stake Yahoo Inc owned in the company for about $7.6 billion, moving closer to an initial public offering. | | | | | | | LONDON (Reuters) - Former UBS trader Kweku Adoboli used "obfuscation" to deflect weeks of questions from the bank's accountants about why his trading books did not balance, allowing him to keep making risky unauthorized deals, a London court heard on Tuesday. | | | | | | | WASHINGTON (Reuters) - The volume of home lending dropped 10 percent last year to the lowest level since 1995, highlighting the government's uphill battle to prop up the still-struggling housing sector. | | | | (Reuters) - A California court overturned a nearly $5 million securities arbitration ruling against Morgan Stanley Smith Barney in a case filed by two brokers who said the company broke promises it made when recruiting them. | | | | | | MOSCOW (Reuters) - Russia's sale of a $5 billion stake in Sberbank drew strong demand from investors around the world, attracted by the lender's dominant position on the growing domestic market and potential to expand across emerging European economies. | | | | | | | 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 | |
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