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U.S. markets news

Success of 'Avengers' Helps Lift Disney's Profit 11 Percent
LOS ANGELES - “The Avengers” helped lift profit at the Walt Disney Company 11 percent in the most recent quarter, to $2.48 billion, allowing the entertainment conglomerate to beat Wall Street's expectations for the 17th consecutive period.
Disney's Q3 earnings rise 11% on film unit's performance  USA TODAY
Disney Profits Boosted by 'Avengers', 'Frozen'  Wall Street Journal
Los Angeles Times  
Factory Orders Rebound on Demand for Transportation Goods
WASHINGTON - New orders for factory goods in the United States rebounded strongly in June on robust demand for transportation equipment and other goods, a hopeful sign for the struggling manufacturing sector.
WRAPUP 2-US factory orders rebound on strong demand for aircraft  Reuters
US factory orders advance in June  Sky News Australia
MGM Resorts files lawsuit against Connecticut officials, says casino law ...
HARTFORD, Conn. - Casino developer MGM Resorts International filed a lawsuit Tuesday against several top state officials, including Democratic Gov.
Las Vegas growth aids MGM Resorts revenues  Financial Times
MGM Resorts Sues Connecticut Governor Over Tribal Casino Act  Bloomberg
Shire Seeks to Lure Baxalta Into Talks With $30 Billion Bid
Shire Plc made an unsolicited offer to buy one-month-old Baxalta Inc. for about $30 billion in stock to bolster its focus on rare diseases, a move that may fend off larger drugmakers looking at its own assets for a tax break.
Shire's Blind Test With Baxalta  Wall Street Journal
CompaniesBaxalta board unanimously rejects Shire deal  Financial Times
UPDATE 1-Fed's Lockhart says ready to support Sept. rate hike -WSJ
(Adds quote, context on Lockhart's views). WASHINGTON Aug 4 (Reuters) - Atlanta Federal Reserve President Dennis Lockhart has said it would take "significant deterioration" in the U.S.
US Stocks Fall as Fed's Lockhart Says Economy Ready for Rate Increase  Wall Street Journal
Fed moves toward September hike  The Australian
Activision beats Street in second quarter, shares jump
Activision shares surged 6% in after hours trading Tuesday after the video game publisher reported second quarter earnings that topped Wall Street forecasts.
Activision Blizzard revenue, profit beat as 'Call of Duty' delivers  Reuters
Activision Blizzard beats Wall Street's expectations for Q2 2015  VentureBeat
First Solar 2nd-quarter earnings rise sharply
Aug 4 U.S. solar company First Solar Inc on Tuesday reported sharply higher quarterly sales and earnings due to increased revenue from a large project in Nevada and the sale of majority stakes in two others in California.
First Solar Jumps 10%: Q2 Easily Beats, Year View Tops Consensus  Barron's (blog)
First Solar (FSLR) Releases Quarterly Earnings Results, Beats Estimates By ...  Dakota Financial News
Travelers CEO Fishman Stepping Down, Will Be Succeeded by Schnitzer
Travelers TRV -0.29 % Cos. Inc. Chief Executive Jay S. Fishman is stepping down Dec. 1, handing over his job to Alan D. Schnitzer, who runs the company's largest segment.
The Travelers Companies, Inc. (NYSE:TRV) Analyst Price Target Update  Insider Trading Report
Travelers Companies Receives Average Recommendation of "Hold" from ...  Dakota Financial News
Kellogg to stop using artificial products in cereals, snack bars
Kellogg Co's Corn Flakes and Rice Krispies are set to turn all-natural soon. The 109-year old company, whose cereals have been a popular breakfast choice for decades, said on Tuesday it was aiming to stop using artificial colors and flavors in its ...
Kellogg's US breakfast business shrinks  Sky News Australia
Kellogg beats Street 2Q forecasts  Marquette Mining Journal
Alibaba Group Names Michael Evans as President
Alibaba Group is taking another step toward globalizing its business with the announcement today that Michael Evans will take on the role of president - effective immediately.
Alibaba hires ex-Goldman Sachs exec to lead globalization strategy  Rapid News Network
Who Is Alibaba's New President Michael Evans? (NYSE: BABA)  Money Morning