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U.S. markets news

Citi to pay $7 billion in Justice settlement
WASHINGTON - Citigroup has agreed to pay $7 billion as part of a landmark settlement with the Justice Department for misdeeds associated with the sale of mortgage-backed securities tied to the 2008 financial crisis, Attorney General Eric Holder ...
Citigroup to pay $7 billion to settle subprime mortgage investigations  Los Angeles Times
Citigroup Profit Tumbles After $7 Billion Mortgage Settlement With DOJ  Forbes
Financial Times   Related articles »  
Abbott near multibillion-dollar deal to sell drug assets [Chicago Tribune :: ]
July 12-- Abbott Laboratories is in advanced talks to sell its multibillion-dollar portfolio of generic drugs to Mylan Inc ., according to a report from Reuters, citing people familiar with the matter.
Abbott Labs to Sell Developed Generics Business to Mylan  Wall Street Journal
Abbott Labs to sell part of generics business for $5.3 billion  MarketWatch
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US Stock Futures Up Broadly
About 90 minutes ahead of the open, Dow Jones Industrial Average futures added 65 points, or 0.4%, to 16946. In the Markets. Morning MoneyBeat: Euro Crisis 2.0?
US stocks: Dow tops 17000 again as Citi rallies  MarketWatch
Wall Street opens up on M&A, Citi earnings  Reuters
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VW to spend $900 million at Tennessee plant to build new SUV
(Reuters) - Volkswagen AG (VOWG_p.DE) said on Monday it would invest about $900 million to build a mid-sized SUV at its U.S. plant in Tennessee starting in late 2016, nearly doubling the factory's work force.
Volkswagen picks Chattanooga for expansion despite labor strife  Detroit Free Press
VW to build new SUV in Tennessee, add 2000 jobs  Washington Post
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Airbus launches A330 model at Farnborough Airshow
This post will be updated by noon ET. Airbus made the first big announcement at this week's Farnborough International Airshow, saying Monday that it would launch a modernized version of its Airbus A330 wide-body jet.
Airbus's A330 Long-Range Jet Gets Upgrade  Wall Street Journal
Boeing says well-placed in wake of Airbus revamp plan  Fox Business
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Tech earnings take center stage
Earnings from some of the biggest U.S. technology companies will take center stage this week, giving investors a chance to re-evaluate the sector's health.
Tech Earnings Increase and Take Center Stage Next Week  The Utah People's Post
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Drugmakers Shire, AbbVie close in on $53B merger
Drug maker Shire said Monday that its board expects to recommend an improved $53 billion takeover offer from Chicago-based AbbVie, clearing the way for what could be one of the largest mergers in the health sector.
Drugmakers AbbVie, Shire in merger talks  Newsday
AbbVie, Shire enter detailed talks on combination
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Report: eBay and Sotheby's to team up for streaming auctions
One auction house is older than Lewis and Clark's trek across America. Another is about as old as �Star Trek: Voyager.� Now, Sotheby's and eBay will be teaming up on a browser near you, the New York Times reported.
EBay to feature Sotheby's auctions in new deal
Morning Buzz: eBay Inc (NASDAQ:EBAY), Aerie Pharmaceuticals Inc(NASDAQ ...  Market News Call
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June inflation eases to record low, drought remains a risk
NEW DELHI (Reuters) - India's inflation eased in June after the new government curbed farm exports, but a growing risk that drought will damage summer crops could encourage the central bank to keep interest rates on hold at a policy review meeting early ...
India's wholesale inflation drops for June, though weak monsoon still a ...  Fox Business
June WPI inflation eases to four-month low of 5.43 per cent  Economic Times
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Wells Fargo Earnings Streak Ends
As of 8:04 PM 07/11/14 All times are local (Market data is delayed by at least 15 minutes). Snapshot · News · Charts · Financials · Earnings · People · Ownership · Transactions · Options.
Big Earnings Week for Financial Sector ETFs  ETF Trends
Wells Fargo & Co (WFC)'s CFO: �It Was a Great Quarter�  Tech Insider
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