Business Today: Wall St. slips a day after Dow, S&P set records

	Click to View in Browser 06/3/2014 Wall St. slips a day after Dow, S&P set records NEW YORK, (Reuters) - U.S. stocks inched lower in low volume on Tuesday, with the Dow and the S&P 500 receding from Monday's record closing levels as traders found few reasons to buy following a string of gains. A rise in semiconductor companies' shares limited losses. U.S. job growth seen slowing, unemployment to edge up WASHINGTON (Reuters) - U.S. job growth likely slowed in May and the unemployment rate probably ticked up, but not by enough to upset the view that the economy is bouncing back strongly after a winter slump. U.S. factory orders, auto sales buoy growth outlook WASHINGTON (Reuters) - New orders for U.S.-made factory goods rose for a third straight month in April and top automakers reported strong vehicle sales in May, boosting the outlook for second-quarter economic growth. France takes U.S. to task over BNP Paribas fine PARIS/NEW YORK (Reuters) - France stepped up its protests to the United States on Tuesday over a possible $10 billion-plus sanctions busting fine for its biggest bank BNP Paribas , saying such a move could hurt transatlantic free-trade talks. Pilgrim's Pride tops Tyson Foods' offer for Hillshire (Reuters) - Pilgrim's Pride Corp PPC.O, the second largest U.S. chicken processor, raised its offer for Hillshire Brands Co HSH.N, escalating a bidding war with Tyson Foods Inc for the maker of Jimmy Dean sausages. Icahn bought $51 million in Fannie, Freddie shares - filing NEW YORK (Reuters) - Activist investor Carl Icahn acquired about $51 million in the common shares of mortgage financiers Fannie Mae and Freddie Mac from mutual fund manager Fairholme Funds Inc in March, a court filing showed on Tuesday. Messaging app Line mulls U.S., Japan IPO, report says (Reuters) - The popular messaging app, Line, owned by Asia's Naver Corp, is preparing an initial public offering in the United States and Tokyo as soon as November, Bloomberg reported Tuesday, citing people who were familiar with the matter. AT&T raises full-year revenue outlook for second time (Reuters) - AT&T Inc T.N raised its full-year revenue forecast for a second time, citing strong growth in its equipment installment plan even as its service revenue stagnated. Self-driving cars may hit roads in 2018: Renault-Nissan CEO PARIS (Reuters) - Cars that drive themselves could be on the roads four years from now, provided red tape does not get in the way, Carlos Ghosn, head of the Renault-Nissan alliance, said on Tuesday. Deutsche Bank prepares to price new shares at big discount FRANKFURT (Reuters) - Deutsche Bank will price an 8 billion euro ($11 billion) capital increase on Wednesday, likely at a big discount, to fortify its balance sheet ahead of regulatory checks and to complete a costly restructuring. Related Video A bad time to be jobless? "Clever Buoy" brings sonar and satellites to shark detection Economic News U.S. factory orders, auto sales buoy growth outlook U.S. job growth seen slowing, unemployment to edge up 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