Business Today: Wall Street ends slightly up but slumps for the week

	Click to View in Browser 06/21/2013 Wall Street ends slightly up but slumps for the week NEW YORK (Reuters) - Stocks ended mostly higher on Friday, with the Dow and S&P 500 ending two days of heavy losses, though traders continued to fret over planned changes to the Federal Reserve's easy money policy. Bernanke bond announcement 'inappropriately timed:' Fed's Bullard WASHINGTON (Reuters) - St. Louis Federal Reserve Bank President James Bullard on Friday issued a sharp rebuke of his colleagues' decision this week to announce a plan to reduce the central bank's bond buying, calling the move premature and worrying the Fed is risking its credibility as a force for price stability. Tokyo court says Samsung infringed Apple 'bounce-back' patent TOKYO (Reuters) - A Tokyo court ruled on Friday that Samsung Electronics Co Ltd had infringed rival Apple Inc's patent for a so-called bounce-back feature on earlier models of its popular smartphones. Former Enron CEO Skilling's sentence cut to 14 years HOUSTON (Reuters) - Former Enron Corp Chief Executive Jeffrey Skilling's near decade-long quest to prove he did nothing wrong at the once high-flying energy-trading behemoth ended on Friday when a federal judge shaved 10 years off of his prison sentence. Fund manager gets 11 years for Facebook, Groupon shares scam NEW YORK (Reuters) - Former fund manager John Mattera was sentenced to 11 years in prison on Friday, after pleading guilty of defrauding investors of $13 million with a story that he put their money in Facebook Inc and Groupon Inc shares before the companies went public. Exclusive: Blackstone interviewing banks for Brixmor IPO - sources (Reuters) - Blackstone Group LP is interviewing investment bankers for a proposed initial public offering of its neighborhood shopping center company Brixmor Property Group Inc, according to two people familiar with the process. Goldman Sachs loan runs afoul of 'fatwa,' opponent claims (Reuters) - To many in the West, a fatwa is often associated with the 1989 religious edict against author Salman Rushdie. New U.S. trade chief focused on India, striking deals WASHINGTON (Reuters) - New U.S. Trade Representative Michael Froman on Friday said he expected growing trade problems with India to be a major early focus of his tenure, but stopped short of saying the United States should cut off benefits for that country. Apax Partners raises $7.5 billion private equity fund NEW YORK (Reuters) - Apax Partners LLP said on Friday it had raised $7.5 billion for its latest global private equity fund, Apax VIII, two years after it approached investors with the goal of raising $11.8 billion (9 billion euros) from them. Morgan Stanley finishes wealth business buyout (Reuters) - Morgan Stanley said it will buy the rest of its wealth-management joint venture with Citigroup Inc by the end of the month, completing a deal started during the financial crisis that was designed to stabilize both banks. Related Video MuniLand: Investors in for a painful summer -Loop Capital Techquity: Don't buy Oracle's reasoning for weak sales Economic News Bernanke bond announcement 'inappropriately timed:' Fed's Bullard U.S. Fed delays probe deadline of premature March minutes release 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