Business Today: Facebook shares break $45 for first time since 2012 IPO

	Click to View in Browser 09/11/2013 Facebook shares break $45 for first time since 2012 IPO SAN FRANCISCO (Reuters) - Shares of Facebook Inc rose more than 3 percent to a new high Wednesday, valuing the world's No. 1 social network at $106 billion, as investors focused on its recent mobile advertising advances ahead of a speech by its chief executive. Wall Street rises on Syria talks, Apple falls further NEW YORK (Reuters) - U.S. stocks closed higher on Wednesday, with the S&P 500 up for a seventh straight day, as geopolitical fears eased amid diplomatic efforts to allow Syria to surrender its chemical weapons, averting a U.S. military strike. Trial begins against BP over Texas refinery emissions HOUSTON (Reuters) - Trial began on Wednesday in the first four of 48,000 civil lawsuits filed against BP Plc for pollution from the 460,196 barrel per day (bpd) refinery it owned in Texas City, Texas until early this year, according to court documents. Apple's shares tank as new iPhones fail to dazzle (Reuters) - Apple Inc's shares slid 6 percent on Wednesday as a pricier-than-expected iPhone "5C" extinguished hopes of a major expansion into lower-end markets such as China, while a fingerprint scanner-equipped premium version fell short on hardware advancements. Dell launches $5.5 billion loan to back leveraged buyout NEW YORK (Reuters) - Computer maker Dell Inc set indicative pricing on the new $5.5 billion loan backing the company's approximately $25 billion buyout by founder and CEO Michael Dell and private equity firm Silver Lake Partners, sources told Thomson Reuters LPC. Icahn says he bought more Apple stock as shares fell: CNBC NEW YORK (Reuters) - Activist investor Carl Icahn said he bought "quite a bit" more shares of Apple Inc. on Wednesday as shares in the company slid. Diluted Mexico tax reform gives retailers relief but no panacea MEXICO CITY (Reuters) - Mexico's retailers dodged a bullet when the government shied away from including a sales tax on food and medicine in a proposed fiscal overhaul, but the watered-down reform could end up hurting them. SEC talks on Nasdaq failure to focus on backing up system NEW YORK (Reuters) - Federal regulators and stock exchange executives are likely to focus on the stock quotes processor behind Nasdaq's trading halt last month, but a quick resolution of system outages or market weak spots at the meeting on Thursday is unlikely. Wall Street regulator to review signing bonus disclosure plan (Reuters) - Wall Street's watchdog will present a plan to its board next week that would require brokers that get a bonus to switch firms to disclose that fact to clients they want to bring with them, according to an agenda posted on the regulator's website. Lockheed acquires Amor group as part of global expansion plan WASHINGTON (Reuters) - Lockheed Martin Corp on Wednesday announced the acquisition of Scotland-based Amor Group, a privately held information technology company, saying the deal would aid its plans to expand internationally and into non-defense markets. Related Video Apple stock still a buy- S&P Capital IQ's Scott Kessler Cyber is defence industry's new battleground Economic News Republican Senator Isakson has concerns about Summers for Fed ECB's Asmussen sees risk of large spillovers from Fed tightening 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