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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.
Walt Disney Co. earnings: 5 things to know  Los Angeles Times
Disney's Q3 earnings rise 11% on film unit's performance  USA TODAY
ABC News  
Wall Street moves lower on Apple, interest rate worries
Wall Street ended lower on Tuesday for a third straight session as investors worried about a rise in interest rates while Apple's shares hit their lowest in over six months.
Wall Street lower on growth, profit concerns  New Zealand Herald
Wall Street Lower as Apple Slips to 6-Month Low  NDTV
UPDATE 5-Drugmaker Shire bids $30 bln for Baxter spin-off Baxalta
... * Goes public with all-share offer after private approach rebuffed. * Baxalta issues statement saying offer undervalues company.
Shire Seeks to Lure Baxalta Into Talks With $30 Billion Bid  Bloomberg
Shire's Blind Test With Baxalta  Wall Street Journal
MGM Resorts Sues Connecticut Governor Over Tribal Casino Act
MGM Resorts International sued to prevent the construction of a tribal casino in Connecticut that would compete with the company's own resort being built in Springfield, Massachusetts.
MGM Resorts files lawsuit against Connecticut officials  Waterbury Republican American
MGM Resorts seeks to block Connecticut casino  Boston Globe
IMF Raises Concerns About Yuan as Reserve Currency
WASHINGTON—China will likely have to move ahead with market liberalization before the International Monetary Fund labels the country's yuan a reserve currency, IMF officials said Tuesday.
IMF review recommends delaying currency basket adoption of yuan  Reuters
IMF Says More Work Needed Before Yuan Reserve-Currency Decision  Bloomberg
Luxury Retailer Neiman Marcus Files for IPO Valued at $100M
Luxury retailer Neiman Marcus has filed for an initial public offering for the second time in a little more than two years. For the purpose of calculating a filing fee, Neiman Marcus said it expects to raise $100 million from the offering.
Luxury fashion retailer Neiman Marcus files for IPO  Reuters
Neiman Marcus Files for IPO  Wall Street Journal
FOREX-Dollar rises on Atlanta Fed chief's rate-hike view
... * Lockhart's view renews bets on Fed raising rates in Sept. * Weaker dollar earlier spurred rise in oil, commodity prices.
Asian Morning Briefing: US Stocks Fall on Rate-Move Comments  Wall Street Journal
Fed moves toward September hike  The Australian
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.
Will The Travelers Cos. (TRV) Stock Be Affected by New CEO?  TheStreet.com
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 (ATVI) Stock Soars in After-Hours Trading on Earnings ...  TheStreet.com
Activision Raises Full-Year Outlook  Nasdaq
Etsy Beats In Q2 But Falls 13% After Hours On Troublesome Q3 Guidance
Today following the cessation of trading, Etsy reported its second-quarter financial performance, including revenue of $61.4 million, and earnings per share of negative $0.07.
Wall Street forecast Etsy would post a quarterly shortfall of 8 cents a ...  CNBC
Etsy grew revenue 44% to $61.4M last quarter and lost $6.4M, stock tanks 14%  VentureBeat