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Calm descends on markets as Portugal fears dwindle
LONDON (Reuters) - European stocks eked out a gain and Italy paid a record low yield at two bond auctions on Friday, as investors shrugged off any threat of contagion from a Portuguese bank's problems.
European Stocks Rise as Portugal Bonds Rebound; Oil Falls  Bloomberg
Portugal's Bonds Rally as Systemic Risks to Europe Seen as Low  Businessweek
Financial Times   Related articles »  
Wells Fargo Reports $5.7 Billion in Net Income
... -- Continued strong financial results: -- Net income of $5.7 billion, up 4 percent from second quarter 2013 -- Diluted earnings per share (EPS) of $1.01, up 3 percent -- Revenue of $21.1 billion, compared with $21.4 billion -- Linked-quarter revenue up $441 ...
Wells Fargo kicks off big banks earning season  USA TODAY
Wells Fargo Profit Climbs; EPS Fails to Extend 17-Quarter Streak  Bloomberg
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Reynolds and Lorillard to reshape Big Tobacco with merger
Reynolds American and Lorillard are in the final stages of agreeing a complex merger that will reshape Big Tobacco by bringing together two of the three largest US operators with a combined market capitalisation of $56bn.
Reynolds American, Lorillard Confirm Merger Talks  Wall Street Journal
Tobacco Firms Reynolds, Lorillard in Merger Talks  ABC News
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Rising bond yields point to rate rises
Investors' radar screens have long been clear of the one blip guaranteed to sound the alarm in financial markets: interest rate rises by central banks.
Grand Central: Bond Dealers See Fed Rate Hikes Stopping in 2017 at 3.5%  Wall Street Journal (blog)
Dealers saw Fed portfolio larger for longer -NY Fed survey  Reuters
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3 Things Wall Street Missed on Family Dollar
NEW YORK (TheStreet) -- Family Dollar's fiscal third-quarter earnings missed estimates but investors embraced the discount retailer's financials.
Family Dollar Shares Dip on Profit Slide  Daily Mail Times
Icahn Pushes Family Dollar Sale, Urges 'Caution' On U.S. Stocks  FINalternatives
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Rate Of Uninsured Drops Under Affordable Care Act
Several surveys shows many people have followed the requirement to buy health insurance, but many other people still have not. A mandate under the Affordable Care Act, requires people to buy health insurance, or pay a fine.
Health law covers at least 8 million  Los Angeles Times
Remember that whole Obamacare thing? Apparently Congress has moved on.  Washington Post (blog)
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Six Things You Need To Know About Amazon's Drones
Amazon has asked the Federal Aviation Administration (FAA) for an exemption from rules prohibiting the use of drones for commercial purposes.
Amazon.com, Inc. (NASDAQ:AMZN) Is In Dire Quest Of Approval To Test Its ...  eFinance Hub
Amazon seeks FAA permission to test drones  Times of India
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Obama asking companies to pay suppliers faster
WASHINGTON (AP) - Dozens of companies, including Apple, Honda and Coca-Cola, have agreed to pay their suppliers more quickly in a bid to boost small businesses, the White House announced Friday.
Obama Gets 26 Companies Committed to Help Suppliers  Businessweek
Obama's day: Businesses and suppliers  USA TODAY
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UPDATE 1-US oil boom to extend into 2015, supply risks strong - IEA
... * Risks to output remain "extraordinarily high". * No sign of historically high oil prices falling. * China oil demand to grow 4.2 percent in 2015 (Adds detail).
Oil Demand Rising Fastest Since 2010 for IEA on China  Bloomberg
IEA Warns Little Room for Complacency in Oil Markets in 2015  Wall Street Journal
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Analysts maintain 'buy' on Infosys post Q1; Transitional year for us: SD Shibulal
NEW DELHI: Infosys Ltd on Friday reported strong results for the quarter ended June 30, with operating margins and net profit coming ahead of Street expectations while top-line came in-line with estimates.
Infosys performance below par in the last 2 years: Shibulal  Livemint
Infosys to contribute Rs 240 cr towards CSR activities  Zee News
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