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Morning Reads From Our Sector Heads

Todd Jordan (GLL):

Survey shows visitors gamble less (via USA Today)

Rob Campagnino (Consumer Staples):

GrainCorp agrees to ADM’s sweetened A$3bn offer (via FT)

Josh Steiner (Financials):

US regulators urge quick Libor replacement (via FT)

Drop in Borrowing Squeezes Banks (via WSJ)

Bernanke Says Alternatives to Libor Being Considered (via Bloomberg)

Brian McGough (Retail):

George Soros Buys Into J.C. Penney (via WWD)

Matthew Hedrick (Europe):

Spain Slashes "Growth" Outlook, Projects Higher Deficit, Delays Deficit Reduction (via Zerohedge)

Kevin Kaiser (Energy):

Ras Tanura Oil-Tanker Capacity Seen Falling 13% in Latest Week (via Bloomberg)

Jay Van Sciver (Industrials):

KBR Announces First Quarter 2013 Results (via KBR)