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U.S. markets news

Bank of Spain Says Growth Accelerated in Second Quarter
Spanish growth accelerated in the second quarter as the euro region's fourth-largest economy is set to enter a second year of recovery from the deepest recession in the nation's democratic history.
Spain's central bank says economy grew 0.5 percent in Q2, confirms ...  Fox Business
Spanish Growth Quickens, Says Central Bank  Wall Street Journal
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SEC poised to end $1 a share for some money funds
Regulators are expected to vote Wednesday to end a longtime staple of the investment industry�the fixed $1 share price for money-market mutual funds�at least for some money funds used by big investors.
SEC to Vote on Controversial Money-Market Fund Overhaul  Wall Street Journal (blog)
US SEC poised to adopt reforms for money market funds  Reuters
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FOREX-Dollar firms, euro cracks under rates pressure
... * Euro pushes to fresh 2014 low against dollar as support gives. * Australian dollar rises on surprisingly high core inflation.
Euro at multi-year lows against dollar, yen  GMA News
Euro Falls to 8-Month Low Against Dollar  Wall Street Journal
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John Kerry arrives in Tel Aviv to broker cease-fire
GAZA CITY - Palestinian Liberation Organization leader Mahmoud Abbas is backing Hamas' core conditions for a cease-fire, he announced Wednesday, in a bid to end more than two weeks of Israeli-Hamas hostilities that have left hundreds of Palestinians ...
US, European airlines suspend air service to Israel after rocket lands near ...  New York Daily News
Kerry cites progress in Gaza cease-fire talks  Washington Post
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Former Trading Regulator Scott O'Malia to Lead Derivatives Group
Scott D. O'Malia, formerly a commissioner on the Commodity Futures Trading Commission, has been named chief executive of the International Swaps and Derivatives Association.
Derivatives group ISDA says CFTC commissioner O'Malia to be CEO  Reuters
Former CFTC commissioner O'Malia appointed CEO of ISDA  Automated Trader
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Bill Ackman Delivers Herbalife Death Blow, Herbalife Stock Rises 25%
We might call this a story about the perils of short selling stocks. For Bill Ackman has long been both bearish and short on Herbalife Herbalife, the nutritional supplements company, insisting that it's actually just a pyramid scheme and should thus be closed ...
Bill Ackman's other bet: That regulators will spend as much on Herbalife ...  MarketWatch (blog)
Ackman goes after Herbalife's nutrition clubs  Boston Globe
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Comcast 2Q Earnings Top Views on Internet Hookups
Comcast Corp.'s second-quarter net income rose 15 percent to nearly $2 billion as it added high-speed Internet customers at a faster pace than a year ago and video subscriber losses moderated.
Comcast earns $2b billion on strength in cable business  Boston Globe
Comcast posts 14.8 percent quarterly profit jump
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Daimler's Mercedes Widens Margin as Sedans Help Chase BMW
Daimler AG (DAI)'s plan to restore its Mercedes-Benz brand to the top of the luxury-car market gained traction in the second quarter as surging deliveries of the flagship S-Class sedan propelled a jump in profitability.
Daimler second-quarter profit boosted by new models  Business Recorder
Mercedes Sells 419000 Vehicles in Second Quarter  24/7 Wall St.
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BOE Vote 9-0 as Some MPC See Lower Risks From Rate Increase
The nine-member panel led by Governor Mark Carney �would have the opportunity to consider in more depth� labor market indicators before next month's gathering where new forecasts will be released.
Bank of England and business at odds over rate rise  BBC News
Bank of England: rates to rise only gradually  Washington Post
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LG Display sees Q2 profit plummet 55.4% YoY
The company said it posted 163.1 billion won ($159 million) in operating profit and 5.9 trillion won ($5.7 billion) in revenue for the second quarter of 2014, a fall of 55.4 percent and 9 percent from a year ago, respectively.
LG Display profit falls second time in 3 quarters  Times of India
Ultra high definition TVs boost LG Display profit  Imperial Valley Press
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