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U.S. markets news

Round Numbers Slow Down S&P 500 to Shaoul as Barish Sees 5% Drop
Amid a dozen rationales for this week's selloff in stocks, from Argentina to the Federal Reserve and Portugal's banks, Michael Shaoul said something simpler should be considered: the number 2,000.
S&P 500 Caps Worst Week Since 2012 as Crises Offset Data  MSN Money
Global stocks dive on cocktail of flashpoints  ABC Online
Sydney Morning Herald   Related articles »  
Buffett's $2 billion bounce
His company, Berkshire Hathaway (BRKA), said Friday that its profit grew by nearly $2 billion in the second quarter. The company, a broad-based investment conglomerate that includes diverse names like Geico Auto Insurance, Burlington Northern Santa Fe ...
Berkshire Profit Jumps 41% to Record on Buffett's Bets  Bloomberg
Berkshire Hathaway 2Q profit jumps 41 percent  Washington Post
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Lowest August gas prices in four years
Drivers, rejoice! Gas prices are the lowest they've been at the start of August in four years. Quick Clicks. The history of gas prices · 5 simple tips to save at gas pump.
Road Trip! Gas prices heading lower  USA TODAY
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Procter & Gamble to Axe 90-100 Brands in its Portfolio
Procter & Gamble (PG) chairman and CEO Alan Lafley said Friday the family-products giant plans to cut 90 to 100 brands in its portfolio, leaving behind a more efficient, consolidated company.
Procter & Gamble to Shed More Than Half Its Brands  Boston.com
P&G will axe '90 to 100 brands' from product lineup  Christian Science Monitor
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Steps North Texas city has taken to save water
LUBBOCK, Texas - Wichita Falls in North Texas near the border with Oklahoma is dealing with a persistent drought that's in its fourth year.
Parched Texas city hopes to cut lake evaporation  GoErie.com
Parched Texas City Tries To Slow Evaporation Of Water From Lake  KWTX
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Allergan Questions Ties Between Valeant, Pershing
Bill Ackman, founder and chief executive of Pershing Square Capital Management, has teamed with Valeant Pharmaceuticals on a takeover bid for Allergan.
Botox Maker Allergan's Takeover Defense Speed Bump  New York Times
Valeant Pharmaceuticals And Pershing Square Respond To Frivolous Allergan ...  MarketWatch
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Greece's Credit Rating Raised by Moody's on Fiscal Outlook
Greece's credit rating was raised two levels by Moody's Investors Service, which cited a better fiscal and economic outlook for the country that was at the center of Europe's debt crisis.
Moody's upgrades Greece's sovereign credit rating  Financial Times
Moody's Upgrades Greek Government Bond Rating  Wall Street Journal
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GoPro Reports Wider Loss in First Report After IPO
GoPro Inc. (GPRO:US), in its first earnings release as a public company, reported a wider quarterly loss, helping to send shares down 15 percent.
GoPro CEO Woodman focusing on long-term growth  CNBC
GoPro (GPRO) Announces Quarterly Results  WKRB News
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Payrolls Growing as More Americans Search for Work: Economy
Workers carry a hose to pump concrete for a retaining wall as new homes are built in Lake Forest, California. Photographer: Patrick T. Fallon/Bloomberg.
UNEMPLOYMENT RATE RISES AND STOCKS SEE WORST WEEK IN TWO ...  seattlepi.com
Best part of jobs report: rise in unemployment rate  MarketWatch
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UPDATE 6-US auto sales fall short of expectations in July
(Adds analyst comment, final annual sales rate figure, luxury sales, details). By Bernie Woodall, Ben Klayman and Paul Lienert. DETROIT Aug 1 (Reuters) - Ford Motor Co and Toyota Motor Corp posted stronger-than-expected growth in U.S.
SUVs power GM, Ford, Chrysler sales jumps  USA TODAY
Incentives lit a fire under July auto sales  CBS News
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