Date: 2016-07-11 00:00:00
S&P 500 (SPY) — open: 211.05, high: 212.94, low: 210.78, close: 212.65, volume: 133971000, daily change: 0.0149
News headlines:
Fed’s Mester Says Upward Tilt in Rates Is Appropriate
China Stocks Rise on Renewed Talk of State-Led Production Cuts
Oil Recoups but Hovers Around 2-Month Low on Glut Worries
Santander’s U.K. Cash Cow Is Put at Risk by Brexit
Brooklyn Reaches for the Sky
Accountants, Auditors to Get a New Ethics Rule Book
GOP Lawmakers Prod Regulator on U.S. Banks Severing Ties Abroad
S&P 500 Takes Rocky Road to a Record
The Big Number: 2.3
Higher Costs Bite Chocolate Makers
Legislation Proposed to Counteract Court Ruling on State Usury Caps
Alcoa Profit Falls 3.6% Amid Weak Aluminum Prices
Johnson Controls Settles China Corruption Case With SEC
Roundup of Form D Regulatory Filings--July 11
How Plummeting Yields Will Drag  Down Bank Earnings
GM Seeks Equipment From Supplier in Bankruptcy Case
Seagate Announces Larger Round of Job Cuts
Protagonist Therapeutics Discloses IPO Plans
Examining the Fed Funds Market
Yen Falls as Investors Expect New Japan Stimulus
Board Resignation at Hershey Trust Adds Uncertainty in Face of Mondelez Pursuit
Lawsuit Accuses Ex-Banco Cruzeiro Owners of Fraud
Breitburn’s Junior Creditors Cheered by Improved Oil Market
Blockchain Will Save Billions in Compliance Costs
Breitburn’s Junior Creditors Cheered by Improved Oil Market
Florida Heart Center Asks Judge to Approve Justice Department Settlement
Alpha Miners to Vote on New Labor Deals
S&P 500 Closes at Record as Stocks Rise
Levi Strauss Profit Jumps on Lower Charges
Startups Try to Spread Outside of Silicon Valley
U.K. Officials Warned U.S. About Pursuing Criminal Charges Against HSBC
Crude Falls on Oversupply Concerns
Natural Gas Falls on Skepticism About Demand
Caesars Mediation Continues, With Warning From Judge
UniCredit To Sell Stake in FinecoBank
Starbucks to Raise Wages
Democratic Party Platform Includes Call for Fed Changes
U.S. Regulator Flags Auto-Lending Risks
Voices: Qualified Charitable Distributions Can Yield Big Tax Savings
Petrofac Says Berantai Contract Cancelled
The Boom Times Are Waning for Airplane Makers
Fed’s George Says Fed Rates ‘Too Low’
European Government Opposition Mounts to Possible Banking Rules
Fed’s Labor Market Index Drops Again
Firm Retention Summary: Total Hockey Inc.
Investors Pay $4 Billion for Mixed-Martial Arts Group UFC
Frankfurt Pushes for U.K. Access to Finance Single Market
At Unconventional Convention, Ryan Has Tricky Role of Unifier
ECB’s Hansson: Brexit Could Complicate Bank’s Efforts to Boost Eurozone Economy
Thomson Reuters to Sell Intellectual Property and Science Unit for $3.55 Billion
GM, Lyft Plan to Expand Car-Rental Program to California, Colorado
Coca-Cola CIO Ed Steinike Dies After Brief Illness
EDF in Talks to Sell Coal Trading Operation
Leadsom’s Exit Boosts British Assets
Wyly’s Battles With IRS, SEC Reveal Games of Superrich
Burberry’s Christopher Bailey Replaced as CEO by Marco Gobbetti
Justice Department Overruled Advice to Pursue HSBC Charges
Conference Board’s Employment Trends Index Jumps 1.4% in June
Peabody Seeks Bankruptcy Court Approval to Pay Taxes
Germany’s Schäuble Says Potential Aid for Italian Banks Must Wait for Stress-Test Results
Avnet CEO Steps Down; Company Lowers Outlook
Global Central Banking in 2016: A Third-Quarter Update
Bankruptcy Bill for ‘Too-Big-to-Fail’ Advances
Amid Abengoa Dispute, Oregon Utility Moves Forward
Colorado School District Crisis Linked to Peabody Bankruptcy
Nichi-Iko Pharmaceutical to Buy Sagent Pharmaceuticals in $736 Million Deal
DDR Names Thomas August CEO
Midstates Can Poll Creditors on Bankruptcy-Exit Plan
Judge Sends Hastings Entertainment to July 20 Auction
EU Faces Another Bailout Drama Over Italy’s Banks
Total Hockey Chain Files for Bankruptcy, Proposes Sale
Rotary Drilling Files for Bankruptcy to Sell Assets
Staples Taps New President of North American Retail Operations
Sweden’s Gränges Wins Auction for Noranda Aluminum Business
SunEdison Seeks Court Approval for Employee Bonuses
Vivint Moves to Lock in Claim Over Failed SunEdison Deal
Hulk Hogan Drops Opposition to Gawker Bankruptcy Sale
Deutsche Börse Lowers Tender Offer to Save LSE Deal
Investors More Bearish on Oil Price Recovery
Swift Hires Cybersecurity Firms
Essar Steel’s Minnesota Unit Files for Chapter 11 Bankruptcy
Citi’s Consumer Business in China: Years of Red Ink
Russia Sells Stake in Diamond Company Alrosa
Transcript: WSJ’s Interview with Bank of Mexico Governor Agustín Carstens
PayJoy Picks Up $18M for Smartphone Financing Plans
Startups Bring Artificial Intelligence to Drug Discovery
Post-Brexit, London’s Loss Could Be Berlin’s Gain
Clinical Development News, July 4-8
Qatar Airways’ Profit More Than Quadruples
Witkowski’s Take: Can Nonbanks Sustain the Trillion-Dollar Mortgage Influx?
ValueAct Takes 6.8% Stake in ADS
Sterling, Canadian Dollar Fall Before Policy Meetings
Under Fire, Theranos CEO Stifled Bad News
Virgin Atlantic to Buy Airbus A350 Long-Range Planes
Brazil Education Firms Kroton, Estácio Agree to Merge
Witkowski’s Take: Can Nonbanks Sustain the Trillion-Dollar Mortgage Influx?
Basel Committee Lowers Capitals Requirements for Some Securitizations
Fairless’s Take: Fresh ECB Rate Cut Could Be In The Cards
Eyewear Company Brillen.de Spots €45M
Pentagon May Seek Compensation From Boeing for Delays
Essential Medical Secures FDA Approval for Clinical Trial
Asia Shares Rally, Led by Japan Surge
Invesco Cushioned Against Even Harder Brexit Blow With a Hedge
U.K. Buys Boeing Patrol Planes, Attack Helicopters
ATR Sounds Upbeat Tone on Turboprop Outlook
Data.world Raises $14M To Boost Open Data Collaboration
Market direction: Rise