Wall Street ended lower on Tuesday for a third straight session as investors worried about a rise in interest rates while Apple's shares hit their lowest in over six months.
MGM Resorts International sued to prevent the construction of a tribal casino in Connecticut that would compete with the company's own resort being built in Springfield, Massachusetts.
Shire Plc made an unsolicited offer to buy one-month-old Baxalta Inc. for about $30 billion in stock to bolster its focus on rare diseases, a move that may fend off larger drugmakers looking at its own assets for a tax break.
Luxury retailer Neiman Marcus has filed for an initial public offering for the second time in a little more than two years. For the purpose of calculating a filing fee, Neiman Marcus said it expects to raise $100 million from the offering.
... * Lockhart's view renews bets on Fed raising rates in Sept. * Weaker dollar earlier spurred rise in oil, commodity prices.