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U.S. markets news

Home-Price Growth Slows Sharply, Case-Shiller Says
Home prices across the U.S. slowed sharply to a single-digit pace in May on a year-over-year basis, the slowest rate since February 2013, according to a home-price report.
May home prices show smallest gain in 15 mos.  USA TODAY
Home price increases continue at slower pace  CNNMoney
Bloomberg   Related articles »  
Consumer Confidence in U.S. Jumps to Highest Since 2007
Confidence among U.S. consumers soared in July to the highest level in almost seven years as Americans grew more upbeat about the labor market and the outlook for the economy.
US consumer confidence jumps in July  Reuters
Consumer confidence hits highest level since October 2007  MarketWatch
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Wall Street Markets Edge Higher After Strong Earnings
Markets edged higher on Wall Street on Tuesday after better-than-expected results from companies such as Pfizer and Merck and ahead of data on home prices and consumer sentiment.
US Stock Futures Tick Higher on Earnings, Ahead of Data  Fox Business
US Stocks Open Higher  Wall Street Journal
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UPS Second Quarter Profit Sinks 58% On Employee Retirement Liabilities
Shipping giant UPS might �heart� logistics, but after the company's second quarter earnings report, it might not be so fond of certain union logistics: UPS saw its profit sink 58% thanks to the payment of retirement liabilities to Teamster Union employees.
UPS invests $175 million in peak operations  USA TODAY
UPS misses profit forecast, cuts guidance  MarketWatch
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US Stocks Gain on Higher Earnings; Phone Shares Soar
U.S. stocks rose for the fifth time in six days as corporate profits beat estimates and Windstream Holdings Inc. led the biggest rally in phone stocks since 2011.
Emerging Stocks Rise to 18-Month High as Ruble Falls Fourth Day  Bloomberg
US, Europe stocks rise on earnings as bonds gain, ruble falls  Livemint
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Flipkart raises $1 bn in funds, company may be valued at $7 bn
BANGALORE: Flipkart on Tuesday announced it has raised $1 billion (Rs 6,000 crore), the largest ever fund-raising by an Indian internet company.
Indian E-Commerce Firm Flipkart Raises Eye-Popping $1 Billion  New York Times
Flipkart Raises a Whopping $1 Billion from Investors  India West
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Upswing in June Bank of England mortgage approvals
The number of loan approvals for house purchase was 67,196 in June, up from 62,007 in May, according to the latest figures from the Bank of England.
U.K. Mortgage Approvals Rose More Than Forecast in June  NEWS.GNOM.ES
Mortgage application approvals rise  shropshirestar.com
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UPDATE 2-UBS pays out in German tax case as lawsuits target private bank
... * Q2 net profit 792 mln Sfr vs 690 mln year-ago. * Private bank wins 10.7 bln Sfr in net new money. * Aims to have all German clients come clean by year-end.
Deutsche Bank, UBS See Fee Jump on Share Sales and Deals  Bloomberg
Dividends Divide UBS and Deutsche  Wall Street Journal
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Waste Management to Sell Electricity-Production Business
Waste Management Inc. (WM), North America's largest trash hauler, agreed to sell its Wheelabrator Technologies Inc. unit for $1.94 billion to reduce its exposure to electricity prices.
The Morning Leverage: Energy Capital Partners Makes a Pickup From Waste ...  Wall Street Journal
Why Waste Management (WM) Stock Is Rising Today  TheStreet.com
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Zillow (Z) buys Trulia (TRLA), but investors be wary
Zillow (Z) and Trulia (TRLA), the real-estate websites, have crafted a clever deal to send their high-flying share prices to even greater heights.
Zillow Is Becoming the Facebook of Homes  Slate Magazine (blog)
Klinge: The Real Estate Status Quo Prefers You To Be Served By Those Who ...  Business Insider
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