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U.S. markets news

U.K. Stocks Little Changed; Tobacco Shares Rally on Deals
U.K. stocks were little changed, with the FTSE 100 Index (UKX) heading for its biggest weekly drop in more than a year, as losses in commodity producers offset easing concern over the euro area's so-call peripheral countries.
Tobacco giants Reynolds, Lorillard in merger talks  Newsday
Tobacco icons Reynolds, Lorillard in merger talks  USA TODAY
Financial Times   Related articles »  
Portugal's PM tries to soothe investors; BES says can cover any losses
LISBON (Reuters) - Portugal's government and central bank assured investors on Friday that the southern European country's financial system was sound, aiming to quell worry about the spillover effects of trouble at the Espirito Santo business empire.
European Stocks Are Little Changed, Post Weekly Drop  Bloomberg
Global stocks struggle after tough week  Financial Times
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US Stocks Fluctuate Bank Earnings, Portugal Debt
U.S. stocks fluctuated, with the Standard & Poor's 500 Index poised for its worst week since April, as investors weighed the implications of a corporate debt crisis in Portugal and assessed earnings reports.
US STOCKS-Futures up, but indexes on track for worst week in months  Reuters
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Stocks waver; earnings 'avalanche' to follow Wells Fargo
U.S. stocks fluctuated on Friday, with equities on track for weekly losses, as investors weighed quarterly results from Wells Fargo and readied for of a slew earnings ahead.
Wells Fargo 2Q EPS Meets the Street, Revenues Beat  Fox Business
Fri., July 11: Wells Fargo Kicks off Big Banks Earnings  Wall Street Journal
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Amazon Surges As It Pleads With FAA To Test Drones
Shares of America's largest online retailer surged over 4.5% on Friday morning as the company fought for the right to test its new drone delivery program, among a handful of other initiatives taken this week.
How Amazon Drones Will Become 'Normal as Seeing Mail Trucks'  TheStreet.com
Amazon asks permission for drone flights  The Hill
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Economists lower forecasts for US growth
FILE - In this Friday, Nov. 23, 2012 file photo, a cashier rings up a sale at a Sears store, in Las Vegas. U.S. business economists have sharply cut their growth forecasts for the April-June quarter and 2014, though they remain optimistic that the economy will ...
Economists don't expect US recession: NABE survey  CNBC.com
No Recession Expected by Economists  24/7 Wall St.
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Taco Bell jumps on meat bandwagon and plows more protein into food
Taco Bell is beefing up, announcing a test overhaul of its cuisine that will double the chicken and steak portions in its burritos and bowls.
Taco Bell Hops On Protein Craze  MediaPost Communications
Taco Bell's New Strategy in the Breakfast Wars: Protein Power  Entrepreneur
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Ahoy! Thar May Be Pirates on Twitter Pillaging Cynk Stock
There's an image of a pirate-like skull-and-crossbones on the OTC Markets Group Inc. website page that gives the price of (CYNK:US)Cynk Technology Corp.
SEC Suspends Trading in Cynk Technology  Wall Street Journal
Cynk Suspended by SEC After No-Member Network's Surge  Bloomberg
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Budget 2014: How Tax Changes Affect Debt Fund Investors
In the Budget unveiled on Thursday, Finance Minister Arun Jaitley proposed to increase the long-term capital gain tax on debt mutual funds from 10 per cent to 20 per cent.
You don't want surprises from your money fund  USA TODAY
SEC to Vote on Money-Fund Reforms July 23  Wall Street Journal (blog)
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Rising bond yields point to rate rises
Investors' radar screens have long been clear of the one blip guaranteed to sound the alarm in financial markets: interest rate rises by central banks.
Interest Rates Going Up  Wall Street Sector Selector
Grand Central: Bond Dealers See Fed Rate Hikes Stopping in 2017 at 3.5%  Wall Street Journal (blog)
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