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U.S. markets news

U.S. Economy Grew Less-Than-Forecast 1.2% in Second Quarter
The U.S. economy expanded less than forecast in the second quarter after a weaker start to the year than previously estimated as companies slimmed down inventories and remained wary of investing amid shaky global demand.
US GDP Grew a Disappointing 1.2% in Second Quarter  Wall Street Journal
Surprisingly anemic economic growth could derail Fed rate hike and boost ...  Los Angeles Times
CNNMoney  
Wall St Little Changed; Tech Gains Offset Energy Losses
Wall Street turned positive in afternoon trading on Friday, with the S&P 500 index hitting a record intraday high for the seventh time this month, as gains in Alphabet and Amazon more than made up for losses in energy shares.
Stocks Fluctuate But S&P 500 Still Reaches New Record High - U.S. Commentary  Nasdaq
Stock Market News for July 29, 2016  Zacks.com
AB InBev clears China hurdle in SABMiller takeover deal
BRUSSELS/BEIJING Brewer Anheuser-Busch InBev (ABI.BR) cleared a major hurdle toward its takeover of SABMiller (SAB.L) with regulatory approval from China on Friday, leaving the acquisition's future in the hands of the British company's board.
SABMiller Board Recommends AB InBev's New $104 Billion Offer  Bloomberg
Anheuser-Busch InBev Merger With SABMiller Advances  New York Times
Facebook Could Owe IRS Billions, Continues To Ignore Tax Summons
The third time isn't the charm. Or the fourth. Or the fifth. Or, apparently, the sixth or seventh. Earlier this month, the U.S.
Facebook could owe $5 billion in taxes  CNNMoney
Facebook (FB) Could Owe $5 Billion to the IRS  U.S. News & World Report
Exxon Has Worst Profit Since '99 as Chevron Posts Loss
Exxon Mobil Corp. and Chevron Corp. missed profit and production estimates as wildfires, writedowns and weak refining margins battered oil explorers already reeling under a glut-driven price collapse.
Low Crude Prices Hammer Big Oil Companies  Wall Street Journal
Oil rout erodes second-quarter profits for US majors Exxon, Chevron  Reuters
Google Profits Surge on Strong Ad Demand
Google parent Alphabet Inc. GOOGL 4.26 % said quarterly profit soared 24%, the second internet giant in two days to report blockbuster earnings driven by consumers' rapid shift to mobile devices.
Digital Duopoly: Google Follows Facebook Results With an Amazing Quarter of ...  AdAge.com
Keep me signed in  Investor's Business Daily
NextEra Energy Is New Buyer of Energy Future Holdings
Perseverance pays off for the clean energy company, which expressed repeated interest last year in acquiring Oncor, the debtor's electricity transmission and distribution arm.
NextEra Will Go Deeper Into Texas and Buy Oncor for $18B  Greentech Media
NextEra agrees to buy Texas electric giant Oncor for $18.4B  Amarillo.com
Seres Therapeutics stock plunges on disappointing drug trial results
Shares of Seres Therapeutics Inc. lost more than two thirds of their value Friday after the six-year-old Cambridge biotech company reported disappointing test data for its lead experimental drug.
Seres Therapeutics Sinks 74% After Lead Drug Fails in Study  Bloomberg
Why Seres Therapeutics Inc. Is Being Obliterated Today  Motley Fool
UPS Profits Rise on E-Commerce Growth
United Parcel Service Inc. UPS -0.55 % on Friday reported a 3.2% increase in profit fueled in part by e-commerce growth, but the delivery giant cautioned that a weaker industrial environment will continue to be a drag.
UPS 2Q revenue improves on strength in US, abroad  Tulsa World
UPS Warns of 'Head Winds' in Global Economy for Second Half  Bloomberg
Big data integrator Talend pops 54% in Nasdaq debut, raising $94.5M
French/American big data startup Talend made its debut as a public company today with a pop. After pricing its shares at $18 last night (above the expected range of $15-17), the company began trading on Nasdaq under the ticker TLND at $27.66, up 54% on ...
Talend's Big First Day Bump In Trading Puts A Dent In The Tech IPO ' ...  Forbes
Big data tech company Talend sees its stock soar over 50% for its IPO  Business Insider