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U.S. markets news

Intel to buy Altera for $16.7 billion in its biggest deal ever
Intel Corp (INTC.O) agreed to buy Altera Corp (ALTR.O) for $16.7 billion as the world's biggest chipmaker seeks to make up for slowing demand from the PC industry by expanding its line-up of higher-margin chips used in data centres.
Stocks advance broadly after Intel, Altera deal  The Denver Post
Intel to buy Altera for $16.7B  Indiana Gazette
Money Flow Index  
Individual health plan costs on rise
Seventeen of 21 Michigan health insurers selling coverage at are requesting rate hikes, apparently in anticipation of a U.S.
Seeking Rate Increases, Insurers Use Guesswork  New York Times
Many health insurers go big with initial 2016 rate requests  Uniontown Herald Standard
Europe shares dip as lenders pledge intense work on Greece
LONDON European shares dipped on Tuesday while German bond yields rose, with investors in the dark over whether a high-level meeting on Greece's debt crisis might herald a significant breakthrough.
Dollar hits fresh 12-year high against yen  MarketWatch
Euro Gains While Stocks Fall With S&P 500 Futures; Oil Advances
The euro strengthened as leaders agreed to step up talks to avert a default by Greece. European stocks fell with U.S. equity-index futures while oil advanced.
Greek bailout monitors hold emergency summit  Financial Times
Greece's Creditors Hold Emergency Summit on Greece  New York Times
US stocks eke out gains after mixed data
U.S. stocks eked out modest gains on Monday as investors digested a mixed bag of economic reports, including data on consumer spending, construction and manufacturing.
Are You Passing Up Bargains to Chase New Highs?
Dawn Market Synopsis  FX News Call
Phoenix Suing FAA over Noisy Flight Path Changes in City
PHOENIX (AP) -- Phoenix is suing the Federal Aviation Administration over flight path changes that have led to aircraft noise that's plaguing some historic neighborhoods.
In the Nation
Phoenix sues FAA over airplane noise  WTAE Pittsburgh
Paper manufacturer invests $270M in McMinn Co. expansion
NASHVILLE, Tenn. (AP) - A global paper products manufacturer is investing $270 million to expand its current operations in McMinn County and create more than 100 jobs.
Paper renaissance: $270 million expansion planned for Calhoun paper mill  Chattanooga Times Free Press
Disney CFO Resigns
James A. “Jay” Rasulo, chief financial officer at Walt Disney Co., is stepping down June 30 in a move that has been expected since February when Chief Executive Bob Iger passed him over as heir apparent.
Disney CEO succession path cleared as CFO Jay Rasulo resigns
Disney's Finance Chief to Step Down  Wall Street Journal
New orders bolster manufacturing growth
WASHINGTON - U.S. manufacturing growth accelerated in May for the first time in six months, propelled by more new orders and an increase in hiring.
Solid tone to manufacturing report from ISM in May  MarketWatch
US manufacturing growth picks up speed for 1st time in 6 months as orders ...  Fox News
UPDATE 2-Petrobras sells $2.5 bln in 100-year bonds as debt costs rise
(Adds $945 million Bradesco loan, details). BRASILIA, June 1 (Reuters) - Brazilian state-run oil company Petrobras said on Monday it has sold $2.5 billion in 100-year bonds, as its cost of borrowing surged in the wake of a giant corruption scandal and ...
Petrobras sells $2.5bn in 100-year bonds  Upstream Online
Petrobras and ONGC find new oil reservoir off Brazil's Sergipe  Business Standard