Business Today: Exclusive: EU to fine RBS, Deutsche, JP Morgan and three others in Euribor case

		Click to View in Browser 11/5/2013 Exclusive: EU to fine RBS, Deutsche, JP Morgan and three others in Euribor case BRUSSELS (Reuters) - EU antitrust regulators are set to impose multi-million euro fines on Royal Bank of Scotland , Deutsche Bank , JPMorgan Chase , and three other banks for suspected rigging of the Euribor interest rate benchmark, a person familiar with the matter said on Tuesday. Wall St. to open lower after two-day run; ISM services on tap NEW YORK (Reuters) - U.S. stocks were poised for a lower open on Tuesday ahead of data on the services sector, putting the S&P 500 on pace to halt a two-day streak of gains. CVS Caremark raises outlook after higher third-quarter profit (Reuters) - CVS Caremark Corp posted a higher-than-expected quarterly profit and raised its forecast for the year on Tuesday, as sales grew at its drugstore chain and it processed more prescriptions from new clients. IntercontinentalExchange third-quarter profit rises 8 percent (Reuters) - IntercontinentalExchange Inc , which is awaiting final approval for its purchase of NYSE Euronext , reported an 8 percent rise in third-quarter profit on Tuesday, helped by higher market data revenues. Canada's Open Text to buy cloud services company for $1.17 billion (Reuters) - Canadian business software maker Open Text Corp said it would buy privately held cloud services company GXS Group Inc for $1.17 billion. AOL ad sales rise, but Patch weighs on profit (Reuters) - AOL Inc reported higher-than-expected third-quarter revenue on increased advertising sales, but earnings fell sharply because of challenges at its network of community news websites known as Patch. Acer's third-quarter net loss worse than forecasts, CEO resigns TAIPEI (Reuters) - Taiwan's Acer Inc, the world's No.4 PC vendor, posted a worse-than-expected net loss of T$13.12 billion ($446 million) in the third quarter, with the company aiming to revamp itself with a new CEO and job cuts. European insurers braced for storm damage after RSA warning LONDON/FRANKFURT (Reuters) - Britain's largest general insurer RSA warned on Tuesday that last week's wind storms in northern Europe would hit profits, the first major insurer to say so, sending its shares tumbling over 8 percent. Strong appetite for luxury spurs Michael Kors sales (Reuters) - Michael Kors Holdings Ltd reported a better-than- expected 40 percent jump in quarterly revenue, driven by strong demand for its trendy handbags and watches. T-Mobile U.S. third-quarter subscriber growth tops Street; shares rise (Reuters) - T-Mobile US Inc, the No. 4 U.S. mobile provider, reported third-quarter subscriber growth well ahead of expectations on Tuesday, and showed it was putting pressure on market leaders Verizon Wireless and AT&T Inc. Related Video Breakingviews: Can Bollard put the spark back into Marks? Alibaba prompts HKEx identity crisis - and dreams of revival Economic News Fed could keep U.S. rates rock-bottom into 2016: Rosengren Fed in no rush to cut bond buys, top policymakers say 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