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U.S. markets news

Shire in $30bn hostile approach for Baxalta
Shire has launched a hostile $30bn all-stock takeover approach for Baxalta, the US drugmaker recently spun-out from Baxter, after its initial proposal to the company's board was rebuffed.
Shire Offers to Buy Drug Maker Baxalta for $30 Billion  New York Times
Shire goes public with proposed $30 billion Baxalta tie-up  Reuters
Washington Post  
TeamHealth to buy IPC Healthcare in $1.6 billion deal
TeamHealth Holdings Inc said it would buy IPC Healthcare Inc in a deal valued at $1.6 billion to expand its business that supplies doctors to U.S.
TeamHealth to Acquire IPC Healthcare for $1.6 Billion, Creating Leading ...  MarketWatch
Team Health Holdings buys IPC Healthcare for $1.6 billion  Seeking Alpha
Puerto Rico confirms it failed to make $58M debt payment
The Puerto Rican flag flies in front of Puerto Rico's Capitol in San Juan, Puerto Rico, on July 29, 2015. The Puerto Rican flag flies in front of Puerto Rico's Capitol in San Juan, Puerto Rico, on July 29, 2015.
Puerto Rico just defaulted on its $72 billion debt pile  Fortune
Lessons for Germany from Puerto Rican default  gulfnews.com
Delta, American Airlines, United ban shipment of some animal trophies
Delta, American Airlines and United are banning the shipment of a host of animal trophies, the airline giants announced in separate statements.
Airlines to stop shipping wild game trophies  USA TODAY
American Airlines will no longer transport big game trophies  Washington Post
Greek market divides as banks sink, other shares rise
ATHENS Greece's banking stocks plunged for the second day in a row on Tuesday, holding down the main Athens index which otherwise looked as if it was turning the corner after the previous day's record rout.
Greek stocks suffer 2nd day of losses as banks plunge again  USA TODAY
Greece stock market faces more losses as prospect of new elections grows  Irish Examiner
Health insurer Aetna's profit rises 33 pct
Aug 4 Health insurer Aetna Inc, which is in the process of buying rival Humana Inc for $37 billion, reported a 33 percent rise in quarterly profit as it added more members to its government plans.
Aetna Lifts Guidance as Profit Tops Expectations  Wall Street Journal
Aetna Beats Estimates on Growth in Government-Program Insurance  Bloomberg
Alibaba Group Names Michael Evans as President
BEIJING—Alibaba has a new global salesman. Alibaba Group Holding Ltd. BABA -0.45 % said Tuesday it appointed Michael Evans, a former top Goldman Sachs Group Inc. executive, as president effective immediately.
Alibaba names Michael Evans as president  MarketWatch
Alibaba appoints former Goldman banker Michael Evans as president  Financial Times
Printing services company RR Donnelley to split
Aug 4 Printing services provider RR Donnelley & Sons Co said it plans to split itself into three publicly traded companies. The first company will focus on financial communications and data services, the second on publishing and retail print services ...
The Morning Download: Proprietary IT Is Key to RR Donnelley Breakup  Wall Street Journal (blog)
RR Donnelly to split into three public companies  MarketWatch
Tom Hayes Loses Last Gamble
Former UBS Group AG and Citigroup Inc. trader Tom Hayes, the first person to stand trial for manipulating Libor, was sentenced to 14 years in prison after being found guilty of conspiracy to rig the benchmark rate.
Trader gets 14-year jail in Libor rigging case  DAWN.com
University of Nottingham graduate jailed for 14 years for manipulating bank ...  Nottingham Post
Toyota says not optimistic on China profitability; books record Q1 earnings
TOKYO Toyota Motor Corp said it "can't be optimistic" about profitability in China, the world's biggest auto market, where slowing growth is forcing the Japanese manufacturer to cut prices and offer buying incentives to keep up with rivals.
Cheap yen, cost cuts give Toyota a boost  CBS News
Toyota's earnings shortfall adds insult to injury  Fortune