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U.S. markets news

Americans Curb Their Spending Increases in June
WASHINGTON—Americans curbed their spending increases in June, a sign that weak wage growth might be weighing on consumers. Personal spending, which measures what consumers spend on everything from donuts to dishwashers, rose 0.2% from a ...
Americans Kept Spending in June to End Better Second Quarter  Bloomberg
Consumer spending rose modestly in June  USA TODAY
Los Angeles Times  
Athens stock exchange tumbles as much as 23% as it reopens
A file picture dated Dec. 29, 2014 of a woman opening a door next to screens displaying Greek stock indicies in Athens, Greece. The Greek stock market reopened on Aug. 3, 2015.
Greek Stocks Fall as Trading Resumes After Five-Week Exchange Closure  Wall Street Journal
Greek shares plunge as market reopens  BBC News
Nokia selling map biz to auto group for $3 billion
Nokia announced it will sell its mapping business Here to an auto consortium including Audi, BMW and Mercedes-Benz owner Daimler AG for $3.07 billion.
German Carmakers Buy Nokia's Here Mapping Unit for $3 Billion  New York Times
BMW, Daimler and Audi Clinch Purchase of Nokia's Maps Business  Wall Street Journal
Brazil's Bradesco Deal Not Enough to Eclipse Itau
S�O PAULO—Banco Bradesco SA BBDO 2.54 % 's acquisition of the Brazilian unit of HSBC Holdings HSBC 0.13 % PLC is its biggest deal ever, but it isn't enough to push it past private-sector bank rival Itau Unibanco Holdings SA ITUB 0.70 % in terms of ...
UPDATE 4-HSBC sells up in Brazil as profits jump on Hong Kong boom  Reuters
HSBC exits Brazil as group profit falls  THE BUSINESS TIMES
Euro zone factory growth steady in July despite Greek turmoil
LONDON Euro zone factory activity grew faster than previously thought in July, easing only slightly from June's 14-month record pace as rising prices kept new orders in check, business surveys showed on Monday.
Chinese stocks tumbled  Moneycontrol.com
Asia Stocks Decline as China Manufacturing Data Weakens  Wall Street Journal
Tyson Foods cuts profit forecast on weak beef business
Tyson Foods Inc (TSN.N), the biggest U.S. meat processor, cut its profit forecast for the year ending September, citing export market disruptions in its beef business and high cattle costs.
Tyson Foods shares fall on earnings misses, lower outlook  USA TODAY
Tyson Misses Earnings, Sales Expectations  Wall Street Journal
Kraft issues recall of cheese slices citing choking hazard
Kraft Heinz issued a recall Friday for some of their individually wrapped cheese slices called Singles citing a danger of choking.
Kraft Recalls Cheese Because People Are Choking on the Plastic  TIME
Thousands Of Kraft Cheese Singles Cases Recalled Over Choking Hazard  CBS Local
Citadel, a US Hedge Fund, Has Account Suspended in China
HONG KONG - Chinese stock market regulators have suspended more than 30 trading accounts, including one owned by the brokerage unit of the big American hedge fund Citadel, as they continue trying to stabilize the country's volatile markets.
China's Latest Warning to Equity Investors: No Big Sell Orders  Bloomberg
China market extends losses on growth concerns  Business Standard
Exor signs definite agreement to buy PartnerRe for $6.9 bln
MILAN Aug 3 Italian holding company Exor said on Monday it had signed a definitive agreement to buy PartnerRe for $6.9 billion, ending a prolonged battle for the reinsurer and trumping a rival bid from Axis Capital Holdings.
Deals of the Day: Exor Wins PartnerRe Tug-of-War, HSBC Sells Brazil Unit  Wall Street Journal (blog)
Exor Triumphs in Battle for Bermuda Insurer PartnerRe  New York Times
NextEra Energy Results Top Expectations
NextEra Energy Inc. NEE 0.30 % on Monday reported a better-than-expected 8.2% increase in revenue in its second quarter, while the company raised a long-term earnings forecast.
NextEra Energy Partners, LP second-quarter 2015 financial results available ...  CNNMoney
Nextera Energy Partners LP Declares $0.24 Dividend (NEP)  Dakota Financial News