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U.S. markets news

Markets Tumble on Portuguese Bank Woes
Worries over the financial health of a major Portuguese lender spooked global markets Thursday, drubbing shares in southern Europe and delivering a setback to U.S.
Dow ends down 70 points after steep, early drop  USA TODAY
A Scary Warning From Portugal About Europe's Doom-Loop Risk  Businessweek
Bloomberg   Related articles »  
Crumbs cupcake shops may be resurrected by local investor
Marcus Lemonis, a local investor and star of CNBC reality show "The Profit," is near a deal to resurrect Crumbs gourmet cupcake stores, CNBC reported.
Crumbs Finds A Buyer, But Are Cupcakes Worth Saving?  Forbes
Crumbs Bake Shop Inc (OTCMKTS:CRMB): The Game Is Not Yet Over  Market News Call
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ZF Friedrichshafen Launches Takeover Bid of TRW Automotive
The salvo, disclosed Thursday, would create an automotive supplier with combined annual sales in excess of $40 billion, based on the most recent filings.
ZF in approach for TRW in consolidating car parts sector  Financial Times
Huge auto supplier TRW discloses buyout bid  USA TODAY
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Icahn: 'It is time to be cautious about the US stock markets'
Billionaire activist investor Carl Icahn said on Thursday that it is time for investors to tread carefully after the run-up in U.S.
UPDATE 3-Family Dollar profit falls by a third as competition stiffens  Reuters
Family Dollar: Please Come Again (for Beer and Wine)  Businessweek
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Tech stock soars 25000%. No one knows why
That's how much Cynk Technology (CYNK) has soared since the middle of June. A 25,000% return is unheard of, and many are starting to question what is going on with this stock.
The Curious Case of Cynk, an Abandoned Tech Company Now Worth $5 Billion  Mashable
Cynk Technology Is The New Scheme In Town  Seeking Alpha
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Gold Pops To 4-Month High On Safe-Haven And Technical Buying
(Kitco News) - Gold prices ended the U.S. day session with moderate gains Wednesday and showed a muted reaction to the afternoon release of the latest minutes of the FOMC meeting of the Federal Reserve.
Gold futures settle at a nearly four-month high  MarketWatch
Gold Prices Soar on Euro Bank Worries  Wall Street Journal
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Gold Rises to 16-Week High as Portugal Spurs Haven Buying
Gold futures climbed to a 16-week high as banking concerns in Portugal and a slump in equities boosted demand for the precious metal as a haven.
Fed Policy to Boost Gold, Silver  Barron's
Gold and silver hit three-month highs  Financial Times
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UAW: 'Consensus' Reached With Volkswagen on Union
United Auto Workers leaders said Thursday they have reached a "consensus" with Volkswagen and expect the German automaker to recognize the union if they sign up enough workers at a new local for the company's assembly plant in Tennessee.
UAW creates union local for VW workers in Tennessee  Automotive News
UAW continues union fight in Chattanooga  Jackson Clarion Ledger
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Survey: Even Republicans Are Happy With Their New Obamacare Plans
obamacare website Though it remains a popular target for Republican attacks, President Barack Obama's Affordable Care Act appears to have not only substantially reduced the number of Americans who don't have health insurance, but it also appears that a ...
Report: Obamacare drops Kansas uninsured rate 2.5 percentage points  Topeka Capital Journal
New York Ranks 14th In U.S. In Uninsured After Obamacare  The Daily Voice
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Fed's George says rate hike possible this year - Dow Jones
July 10 (Reuters) - Certain economic formulas are pointing to a Federal Reserve interest rate hike as early as this year, a Fed official said on Thursday, according to Dow Jones.
Rising bond yields point to rate rises  Financial Times
Fed flags end  Sydney Morning Herald
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