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U.S. markets news

No deal: Argentina in default as talks fail
Argentina has defaulted for the second time in 13 years after officials failed to come to an agreement with the country's bondholders.
Second Time Around: What Argentina's Second Default Means For Investors  Forbes
UPDATE-Argentina 2033 bond stable after talks to avoid default collapse  Reuters
Sydney Morning Herald   Related articles »  
Behind the Fed's promise about short-term rates
Can promises about the future have an effect today? That's the theory behind the Federal Reserve's statement following Wednesday's monetary policy meeting.
Fed talks up economy but gives no hint of earlier rate hike  MarketWatch
US Fed trims stimulus, notes economy strengthening  Sydney Morning Herald
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US economy grew at a strong 4% rate in spring
In this June 27, 2014 file photo, President Barack Obama gestures while speaking about the economy in Minneapolis, Minnesota. After a dismal winter, the United States (US) economy sprang back to life in the April-June quarter, growing at a fast four per cent ...
Economy expands at strong 4 percent rate during spring  Alexandria Town Talk
As US economy accelerates, Fed remains cautious
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Scripps, Journal to merge broadcast operations, spin-off newspapers
July 30 (Reuters) - Journal Communications Inc. and E.W. Scripps agreed to merge broadcast operations and spin off their newspaper businesses into a new publicly traded entity, the media companies said late on Wednesday.
EW Scripps and Journal Communications to Merge, Then Spin Off Newspapers  New York Times
Journal Communications, Scripps Co. announce deal  USA TODAY
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Quintiles Reports 2nd Quarter 2014 Results
Quintiles Transnational Holdings Inc. ("Quintiles" or the "Company") (NYSE: Q) today reported its financial results for the second quarter ended June 30, 2014.
Huttig Building Products, Inc. Announces Second Quarter 2014 Results  MarketWatch
Lifelock reports higher second-quarter revenue  azcentral
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Stronger financial results gave Twitter's stock a surge with its second quarter ...
Stronger than expected financial results has pushed Twitter's stock sharply higher after the short messaging service said its revenue more than doubled in the second quarter.
Twitter: Covestor's Randall and Sizemore see a pricey stock  Fox Business
Facebook and Twitter Battle for World Cup Bragging Rights  Bloomberg
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Bank of America Raises Its Settlement Offer
Photo. Rebecca Mairone, a former manager at Countrywide, led a mortgage-writing program nicknamed the �hustle.�Credit Joshua Roberts/Bloomberg News, via Getty Images.
Bank of America Ordered to Pay $1.3 Billion for Countrywide Fraud  Chinatopix
Bank Of American Given $1.27 Billion Fine For Selling Risky Mortgages  Headlines & Global News
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Samsung's Mobile Chief Feels Pressure Over Sales
What can Samsung do to turn around its fortunes amid weak mobile-phone sales? The Wall Street Journal's Yun-Hee Kim speaks with Nam Hyung Kim, a partner at Arete Research.
Samsung Dominance Threatened as Xiaomi Gains Traction  Bloomberg
Smartphones weigh on Sony, Samsung  Fortune
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Eyes on euro zone inflation after Fed tempers dollar rally
LONDON: The dollar held just below a 10-month high against a basket of currencies on Thursday after the Federal Reserve said it was in no rush to raise interest rates, tempering a rally that dates back to early May.
FOREX-Dollar pares gains after Fed statement shows steady dovish tilt  Reuters
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Yukos Hunting Rosneft, Gazprom Assets From Venezuela to Vietnam
Tim Osborne, who's leading the legal battle as head of GML, said it may take �a long while� to exhaust all legal options. Photographer: Simon Dawson/Bloomberg.
UPDATE 2-European court rules Russia must pay Yukos shareholders 1.9 bln ...  Reuters
Russia Must Compensate Yukos Shareholders, Says European Court  Wall Street Journal
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