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U.S. markets news

Distancing itself from financial meltdown, Citigroup agrees to $7B settlement ...
WASHINGTON - Citigroup will pay $7 billion to settle an investigation into risky subprime mortgages, the type that helped fuel the financial crisis.
Citigroup pays $7bn to settle MBS probe  Financial Times
Mortgage Settlement Charge Mars Strong Quarter for Citigroup  New York Times
CNNMoney   Related articles »  
Shire helps FTSE extend rebound on takeover offer
... * FTSE 100 up 0.6 pct; dropped 2.6 pct last week. * Shire up 2.3 pct on new AbbVie offer. * Sports Direct boosted by partnership with MySale.
Drugmakers Shire and AbbVie close in on $53B merger  USA TODAY
AbbVie and Shire in Talks Over $53 Billion Merger  New York Times
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Mylan to Add Abbott's Generic-Drug Unit for Tax Advantage
July 14 (Bloomberg) -- Marshall Sonenshine, chairman and managing partner at Sonenshine Partners, and Jonathan Golub, chief U.S. market strategist at RBC Capital Markets, examine Abbott Laboratories selling its developed markets generic drug unit to ...
Mylan to Buy Abbott's Generic Drug Business Outside US for $5.3 Billion  New York Times
Mylan to buy some Abbott drug assets in $5.3 billion deal  Reuters
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India June Consumer Inflation Eases Before Rajan Review
A worker sits on stacks of onions at the Vashi Agricultural Produce Market Committee wholesale market in Mumbai. Photographer: Dhiraj Singh/Bloomberg.
India's wholesale inflation drops for June, though weak monsoon still a ...  Fox Business
MARKET EYE-USD/INR high as oil cos step in, core WPI weighs  Reuters
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VW to Add SUV Production to Chattanooga Plant
Volkswagen announced Monday that it would build a new sport utility vehicle at its Chattanooga, Tenn., plant, where the United Automobile Workers recently said it was taking the unusual step of forming a new local that would not be recognized by the ...
Volkswagen to Build SUV in Tennessee to Confront Toyota  Businessweek
VW to invest $900 mln in Tennessee plant to build mid-sized SUV  Reuters
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Tech Earnings Increase and Take Center Stage Next Week
Reuters reports that earnings from U.S. technology companies will take center stage next week, and possibly give investors new opportunities to invest in this sector.
Will the earnings express lift Dow above 17K?  CNNMoney (press release)
Investors Will Be Watching Techs, Banks and Yellen  The Fiscal Times
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EBay, Sotheby's Team Up on Online Art, Collectibles Bidding
EBay EBAY +2.31% eBay Inc. U.S.: Nasdaq $51.50 +1.17 +2.31% July 11, 2014 4:00 pm Volume (Delayed 15m) : 13.50M AFTER HOURS $51.50 0.00 0.00% July 11, 2014 7:16 pm Volume (Delayed 15m): 392,907 P/E Ratio N/A Market Cap $65.27 Billion ...
Sotheby's In Pact With Ebay to Sell Artworks Online  Bloomberg
EBay to Take Sotheby's Auctions Online to Expand Bidding Pool  Businessweek
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Lindt buying Russell Stover in major chocolate, candy merger
GENEVA - Swiss chocolate maker Lindt & Spruengli says it is buying U.S. manufacturer Russell Stover Candies, Inc., for an undisclosed sum.
Chocolate maker Lindt makes surprise move on US candy maker Russell Stover  Reuters
Lindt buys US chocolate box maker Russell Stover  Telegraph.co.uk
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US Stock Futures Up Broadly
About 90 minutes ahead of the open, Dow Jones Industrial Average futures added 65 points, or 0.4%, to 16946. S&P 500 index futures gained 7.3 points, or 0.4% to 1969.70 and Nasdaq-100 futures rose 19 points, or 0.5%, to 3916.50.
Today's Dow Jones Industrial Average DJIA, Nasdaq, S&P 500 stock ...  Learning and Finance
Dow Jones Industrial Average Brings 17K Back Into Focus  Schaeffers Research
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Airbus launches new planes in wide body family
FARNBOROUGH, England - Airbus has launched updated versions of its A330 wide body aircraft in a bit to improve fuel efficiency, increase range and help the aircraft compete against Boeing's 787 Dreamliner.
Jets, drones center stage as Farnborough Airshow opens  USA TODAY
Air Lease Corp. Says A330neo Will Work in Asia, Americas  Wall Street Journal
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