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U.S. markets news

Lesedi La Rona Diamond: 2nd-Largest Ever Mined
The Lesedi La Rona diamond is the second-largest diamond discovered in over a century. But it failed to sparkle enough interest from bidders at a June 28 Sotheby's auction in London.
A Real Rock of a Diamond Fails to Sell at Auction  New York Times
Giant diamond fails to sell at auction, trade interested  Reuters
NBCNews.com  
Why Two of Europe's Biggest Banks Can't Pass the Stress Test
The vast majority of big banks seem to be getting a handle on the costly, labor-intensive and time-consuming stress-testing process.
GE's $180 Billion Slim-Down  Wall Street Journal (blog)
DealBook|Nearly All US Banks Pass Fed's Stress Test  New York Times
Pact for United Airlines flight attendants would truly unite them
United Airlines and leaders of its flight attendants' union have agreed to a new labor contract that will unify the cabin crews for the first time since United's merger with Continental Airlines more than five years ago.
Six Years After Merger, United Flight Attendants Finally Have a Contract to ...  Skift
United Airlines flight attendants may not be too eager to ratify proposed ...  Chicago Business Journal
Sumner Redstone's illegible signature looms over Viacom drama
Sumner Redstone will almost certainly not be in a Massachusetts courtroom on Thursday when his attorneys and those representing Viacom a group of attorneys convenes for a hearing that may shape the future of his media empire.
Redstone Tells Court: There's No Need To Examine His Competence  Deadline
Redstone's firm accuses Viacom of 'vicious attacks,' urges ...  L.A. Biz
Oil up 4 percent on US crude draw; Brent back above $50
NEW YORK Oil prices surged 4 percent on Wednesday, with Brent settling above the psychological $50 a barrel mark, after a larger-than-expected drawdown in U.S.
Oil Rises on Tightening Stockpiles, Broad Market Recovery  Wall Street Journal
Oil Erases Brexit Selloff as U.S. Crude Supplies, Dollar Decline  Bloomberg
CIBC Extends Canada Push Into U.S. With PrivateBancorp Deal
Canadian Imperial Bank of Commerce agreed to buy Chicago-based PrivateBancorp Inc. for $3.8 billion, joining the list of Canadian lenders looking to the U.S.
Canada's CIBC to pay $3.8 billion for PrivateBancorp, expand in US  Reuters
CIBC to Buy PrivateBancorp in Chicago for $3.8 Billion  American Banker
Why Brexit vote prompted Vodafone to contemplate leaving Britain
Vodafone, the British telecommunications giant, wants the EU's free 'movement of people, capital, and goods.' But it's unclear if that would continue after Brexit.
Brexit: Vodafone says it might leave the U.K.  CNNMoney
Brexit: Vodafone, British telecom giant, could move HQ outside of U.K.  UPI.com
107 Nobel laureates sign letter blasting Greenpeace over GMOs
More than 100 Nobel laureates have signed a letter urging Greenpeace to end its opposition to genetically modified organisms (GMOs).
The red hands of Greenpeace: Column  USA TODAY
More Than 100 Nobel Laureates Call Out Greenpeace For Anti-GMO Obstruction ...  Forbes
Apollo Global to buy Diamond Resorts for $2.2 billion
Diamond Resorts International Inc (DRII.N) said it agreed to be bought by private equity firm Apollo Global Management LLC (APO.N) for about $2.2 billion.
Diamond Resorts Stock (DRII) Soaring Over 20% Due to Merger Agreement  Nasdaq
Tractor Supply Shares Fall on Lowered Outlook
Tractor Supply Co. TSCO 1.06 % issued weak second-quarter guidance and lowered its annual outlook amid weakness in many of the retailer's big-ticket and seasonal categories.
Tractor Supply (TSCO) Stock Plunges in After-Hours Trading on Lower 2016 ...  TheStreet.com
After The Close: Tractor Supply, Seagate, Google VC, Intercept  Investor's Business Daily