DAI: Wall Street ends flat on euro zone debt woes

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Good evening Pan, MON 06 Dec 2010    Wall Street ends flat on euro zone debt woes Wal-Mart class-action appeal goes to Supreme Court Lacker says Fed policy risky, should be reviewed Kraft slaps Starbucks with court injunction Pfizer CEO switch may mean new strategy, shares up Taylor says U.S. headed for recession Special report: Legal woes mount for a foreclosure kingpin Morgan Stanley hires advisers from UBS SEC sees financial fraud cases increasing Microsoft offers Salesforce users money to switch Google opens electronic library John Taylor: Euro problems to spread John Taylor on 2011 currency moves Wall Street ends flat on euro zone debt woes December 06, 2010 04:28 PM ET NEW YORK (Reuters) - U.S. stocks ended little changed on Monday, held in check by worries about Europe's debt crisis, which frustrated investors looking for a reason to take shares to new highs for the year. Full Article Wal-Mart class-action appeal goes to Supreme Court December 06, 2010 03:16 PM ET WASHINGTON (Reuters) - The Supreme Court said on Monday it would decide if the largest sex-discrimination class-action lawsuit in U.S. history against Wal-Mart Stores Inc can proceed, a case involving women workers who seek billions of dollars in damages. Full Article Lacker says Fed policy risky, should be reviewed December 06, 2010 03:27 PM ET CHARLOTTE, North Carolina (Reuters) - The Federal Reserve's move to purchase an additional $600 billion in bonds carries risks and should be reviewed on a regular basis, Richmond Fed President Jeffrey Lacker said on Monday. Full Article Kraft slaps Starbucks with court injunction December 06, 2010 03:52 PM ET NEW YORK (Reuters) - Kraft Foods Inc escalated its battle with Starbucks Corp , asking a federal court to stop Starbucks from trying to sell its packaged coffee through a different distributor. Full Article Pfizer CEO switch may mean new strategy, shares up December 06, 2010 12:20 PM ET NEW YORK (Reuters) - Investors welcomed the sudden departure of Pfizer Inc CEO Jeffrey Kindler by pushing up the stock in the hopes that a new leader will more act more aggressively to revive the giant pharmaceutical company. Full Article Taylor says U.S. headed for recession December 06, 2010 02:32 PM ET NEW YORK (Reuters) - The U.S. economy is headed for a new recession, said John Taylor, chairman and chief investment officer of FX Concepts, which should likely benefit the dollar and weigh on commodity prices. Full Article Special report: Legal woes mount for a foreclosure kingpin December 06, 2010 02:10 PM ET JACKSONVILLE, Florida (Reuters) - Lender Processing Services is riding the waves of foreclosures sweeping the United States, but in late October its CEO, Jeff Carbiener, found himself needing to reassure investors in the $2.8 billion company. Full Article Morgan Stanley hires advisers from UBS December 06, 2010 03:39 PM ET NEW YORK (Reuters) - Morgan Stanley Smith Barney has hired a four-person team from UBS managing over $1 billion of client assets. Full Article SEC sees financial fraud cases increasing December 06, 2010 01:47 PM ET WASHINGTON (Reuters) - A top Securities and Exchange Commission official said on Monday the number of fraud schemes is on the rise, taking billions of dollars from Americans, and warned investors to be more vigilant. Full Article Microsoft offers Salesforce users money to switch December 06, 2010 04:34 PM ET SEATTLE (Reuters) - Microsoft Corp is offering customers of Salesforce.com Inc thousands of dollars in rebates to switch over to its own customer relationship management system. Full Article

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