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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.
Markets Tumble on Portuguese Bank Concerns  Wall Street Journal
US Stocks Fluctuate While Portuguese Bonds Rebound  Businessweek
Financial Times   Related articles »  
Wells Fargo profit rises, helped by loan growth
Wells Fargo said its second-quarter profit edged up 3 percent, helped by higher deposit balances and a drop in the amount of loans that went bad.
UPDATE 2-Wells Fargo reports slight profit rise, says economy improving  Reuters
US stocks: Futures rebound; Wells Fargo earnings next  MarketWatch
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Cynk Halted After No-Member Network's Surge From Pennies
Cynk Technology Corp., the supposed operator of a social network that has enthralled the financial world with its skyrocketing stock price, was halted today in over-the-counter trading.
Cynk Tech shares halted by Finra  Chicago Tribune
CYNK Technology Corp (CYNK) Halted; Rewind To A Year Ago  ValueWalk
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Reynolds in Talks to Acquire Lorillard in Merger of Tobacco Rivals
Photo. Reynolds American is the parent company of R.J. Reynolds, the maker of Pall Mall and Camel cigarettes.Credit Keith Srakocic/Associated Press.
The logic behind Reynolds-Lorillard merger  Financial Times
Imperial Tobacco to sweep up assets from Reynolds and Lorillard merger  Telegraph.co.uk
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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.
Grand Central: Bond Dealers See Fed Rate Hikes Stopping in 2017 at 3.5%  Wall Street Journal (blog)
Dealers saw Fed portfolio larger for longer -NY Fed survey  Reuters
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Carl Icahn Says Time 'To Be Cautious on US Stocks' -Reuters
Activist investor Carl Icahn said it is time to be cautious about the run-up in the U.S. stock market and that he is being very selective about what he is buying.
Family Dollar Sales Fall, Management Blames the Economy - FDO  Street Register
3 Things Wall Street Missed on Family Dollar  TheStreet.com
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Amazon Wants to Test-Fly Its New Delivery Drones
This undated image provided by Amazon.com shows the so-called Prime Air unmanned aircraft project that Amazon is working on in its research and development labs.
Amazon.com, Inc. (NASDAQ:AMZN), Asks FAA for Permission to Start Test Flights  Street Register
Amazon to FAA: Let us fly our drones  whnt.com
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Obama pushes faster payments for small businesses with help of Apple, IBM ...
Many small business owners bemoan the often lengthy amount of time it takes to get paid by their commercial clients. President Obama, it turns out, has had enough of that, too.
Apple joins President Obama's 'SupplierPay' initiative aimed at ...  Apple Insider
Obama asking companies to pay suppliers faster  Philly.com
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IEA: Little room for complacency in oil markets
LONDON--Geopolitical tensions and the shaky economic recovery means there is little room for complacency in oil market in the next 12 months, the International Energy Agency warned Friday.
IEA forecasts 2015 global oil demand at 94.1 million b/d, up 1.4 mil b/d on 2014  Platts
UPDATE 1-US oil boom to extend into 2015, supply risks strong - IEA  Reuters
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DATA SNAP: Canada Sheds 9400 Jobs, Unemployment Rate Rises to 7.1%
June Employment Report =-----------------------------------------=--=--=--=--=--== June May ! Consensus: ! Net Jobs -9,400 +25,800 !
Unemployment edged up to 7.1 per cent in June  CTV News
Canadian dollar tumbles on 'squishy soft' jobs report  The Globe and Mail
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