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U.S. markets news

Shire Seeks to Cajole Baxalta Into Talks With $30 Billion Offer
Shire Plc made an unsolicited offer to buy one-month-old Baxalta Inc. for about $30 billion in stock to bolster its focus on rare diseases, a move that may fend off larger drugmakers looking at its own assets for a tax break.
Shire makes $30bn offer for Baxalta  BBC News
Shire makes $30B offer for Baxalta  USA TODAY
Financial Times  
US Factory Orders Advance 1.8 Percent in June
Orders to U.S. factories increased in June, and a key category that reflects business investment plans posted a modest rise. But the gains weren't robust enough to suggest that the sluggish manufacturing sector is mounting a significant turnaround ...
US factory orders advance 1.8 percent in June, while business investment ...  Washington Post
Factory orders up 1.8% in June, matching estimates  CNBC
CVS shares fall on slowing retail sales growth
Shares of CVS Health (CVS) fell in Tuesday trading after the U.S. drugstore chain reported better-than-expected earnings but said retail sales growth slowed in the second quarter.
CVS Health Narrows 2015 Forecast as Retail Sales Growth Slows  Bloomberg
CVS profit beats estimates on higher pharmacy sales, claims  Reuters
Greece Sees Bailout Deal in Time to Meet $3.5 Billion Due to ECB
Greece's government aims to reach agreement with creditors on a new bailout within the next two weeks, enabling it to make a 3.2 billion-euro ($3.5 billion) payment to the European Central Bank without further bridge financing.
UPDATE 4-Greek market recovers some poise, but banks hammered again  Reuters
Greece: Prospect of New Election Grows, Market Hit  New York Times
Freddie Mac to hand $3.9 bln to US Treasury
WASHINGTON Aug 4 Government-controlled mortgage finance firm Freddie Mac on Tuesday said big gains in its loan guarantee business and its investment portfolio will allow it to cut a check to the U.S.
New 3%-down mortgage off to 'good start,' Freddie Mac chief says  MarketWatch
Freddie Mac posts $US4.4bn Q2 profit  The Australian
US Airlines Ban Shipment of Hunting 'Trophies'
NEW YORK - The big three U.S. airlines have all this week banned the shipment of hunting trophies, although it is unclear how many - if any - they have been carrying in recent years.
More airlines are banning the transport of big game  Fortune
Airlines Ban Big Game Trophies from Cargo After Cecil the Lion Death  TIME
Alibaba Group Names Michael Evans as President
BEIJING—Alibaba has a new global salesman. Alibaba Group Holding Ltd. BABA 0.42 % said Tuesday it appointed Michael Evans, a former top Goldman Sachs Group Inc. executive, as president effective immediately.
Alibaba names Goldman Sachs exec as president  USA TODAY
Alibaba Names Former Goldman Sachs Executive as President  New York Times
Sprint Loss Beats Estimates as Customer Base Grows
Sprint Corp. S 6.14 % continued to add mainstream customers in the June quarter as its cancellation rate hit a record low, while the struggling wireless provider's loss was smaller than Wall Street expected.
Sprint's chairman: US networks are 'very, very bad'  CNET
T-Mobile has finally passed Sprint as the nation's third-largest cell ...  Washington Post
Toyota Posts Record Profit, Fueled by Weak Yen
TOKYO— Toyota TM -3.36 % Motor Corp. can thank a weak yen for its record profit. The car maker Tuesday reported a net profit of �646.4 billion ($5.2 billion) for its first quarter, even as slowing demand in Japan and Southeast Asia reduced its global ...
Toyota says not optimistic on China profitability  Reuters
Quarterly profit up by 10% to $5.2 bn, lifts sales forecast :Toyota  Hindustan Times
Paris-Tokyo in 3 hours: Airbus wins patent for hypersonic plane
PARIS Airbus (AIR.PA) has won a patent for a hypersonic plane, but Concorde's hydrogen-powered successor is unlikely to leave the drawing board any time soon.
Video: Next generation Concorde could look like this  Telegraph.co.uk
Airbus patents jet that could race from New York to London in one hour  Today.com