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U.S. markets news

S&P 500 Caps Fifth Monthly Gain as Rally Shows Signs of Fatigue
Bulls keep squeezing gains out of the U.S. equity market, sending the S&P 500 Index to its longest streak of monthly gains since 2014 just two weeks after reaching a record.
Data in focus as market struggles for direction  Business Insider
Tech shares and muted GDP growth push S&P 500 to record  Reuters
MarketWatch  
Bud-Miller $105 billion deal is back on track
It's been nearly a year in the making but the biggest ever beer deal cleared its last major hurdles Friday as SABMiller's board accepted an improved �79 billion ($105 billion) takeover offer from Anheuser-Busch InBev (BUD).
SABMiller Halts AB InBev Integration to Review Higher Offer  swissinfo.ch
Nearly 30 pct int'l students less likely to study in UK after Brexit
LONDON, July 29 (Xinhua) -- Nearly 30 percent of international students are less likely to study in the United Kingdom after the country's referendum vote to leave the European Union, according to a survey published by The Independent on Friday.
Potential Legal Implications Arising from "Brexit"  JD Supra (press release)
Brexit, IP, and the Medical Device Industry  Medical Device and Diagnostics Industry (blog)
Union chief says American pushing pilots to speed up flights
DALLAS (AP) - The pilots' union president said Thursday that American Airlines is reducing its safety margin by "manipulating" flight plans with tactics that include faster speeds.
No vacation from work drama: American 'speed up' plan gives pilots pause  Chicago Tribune
Pilots Union Accuses American Airlines Of Compromising Safety, Skirting Rules  Daily Caller
Pound Set to Extend Decline as Investors Anticipate BOE Rate Cut
The pound looks set to extend its decline next week, when traders and economists predict the Bank of England will cut interest rates for the first time in more than seven years.
REFILE-INVESTMENT FOCUS-Pound calms before first UK/US rate flip in 10 years  Reuters
The pound could bottom out at $1.20 if the BOE cuts rates next week  MarketWatch
Deutsche Bank scrapes through European banks stress test
FRANKFURT Deutsche Bank (DBKGn.DE) showed a weaker reading in the European Union's banking stress test than most of its peers, indicating that the lender still has far to go in a revamp it launched last year.
Stress Tests Find Some Big European Banks Wanting  New York Times
Bank of England Says EBA Tests Show UK Banks Have Resilience  Bloomberg
Oil Giants Find There's Nowhere to Hide From Doomsday Market
Exxon Mobil Corp. and Royal Dutch Shell Plc this week reported their lowest quarterly profits since 1999 and 2005, respectively. Chevron Corp.
Low Crude Prices Hammer Big Oil Companies  Wall Street Journal
Gasoline glut doesn't stop Exxon Mobil from expanding Beaumont refinery  Houston Chronicle
For Democrats, The Weak GDP Report May Have Silver Linings. Maybe.
At their party's convention this week, Democrats highlighted positive economic news from the Obama era, including the dramatic plunge in unemployment and persistent growth in output.
Economy grew 1.2% in second quarter, far below expectations  American Thinker (blog)
U.S. Economy Grew Less-Than-Forecast 1.2% in Second Quarter  Bloomberg
Big data integrator Talend pops 54% in Nasdaq debut, raising $94.5M
French-American big data startup Talend made its debut as a public company today with a pop. After pricing its shares at $18 last night (above the expected range of $15-$17), the company began trading on Nasdaq under the ticker TLND at $27.66, up 54 ...
Big data firm Talend soars 54 percent in debut  Business Insider
Talend Nudges Dormant Tech IPO Market  Wall Street Journal
UPS 2Q revenue improves on strength in US, abroad
ATLANTA (AP) - UPS's second-quarter revenue improved on solid performances from its domestic and international package divisions.
A Mild Quarter Has Significant Ramifications For The Future  Seeking Alpha
UPS profit rises on higher shipments  MarketWatch