Date: 2017-07-17 00:00:00
S&P 500 (SPY) — open: 244.42, high: 245.97, low: 244.31, close: 245.56, volume: 60262700, daily change: 0.0047
News headlines:
Activist Proxy Fight Puts Focus on P&G’s Cost-Cutting Effort
Signet Jewelers CEO to Retire, Citing Health Reasons
RBA Estimates Cash Rate Target of 3.5% Over Time
Investors Are Digging Deeper for Value
Netflix Surprises With Big Subscriber Gains, Shares Soar
Fiat Chrysler Sponsorship of Sesame Street Puts Muppets in Driver’s Seat
Berkshire Hathaway Rounds Up Support From More Oncor Customers for Takeover
Ensco Bondholders Unhappy With Atwood Oceanics Deal
A New Generation Is Poised to Take Control of KKR
Mandatory Arbitration is Not a Fair Fight
Tax on Asset Holdings Could ​be Better Control for Financial Intermediaries
Nasdaq Rises for Seventh Consecutive Session
Sears Hit With 401(k) Lawsuit
Market Talk: Daily Analysis Roundup
Copper Hits 4-Month High on Upbeat Chinese Data
SEC’s Piwowar Urges Easing of Audit Rule for Smaller Firms
BNY Mellon Names Former Visa Executive Scharf as CEO
Dollar Stabilizes Ahead of Central Bank Meetings
Proxy Fights Are a Rarity for Peltz’s Trian
Oil Falls as Oversupply Concerns Persist
BNP Paribas Fined by Fed Over Currency Manipulation
FedEx Struggles to Bounce Back From Cyberattack
Bankrupt Oncology Specialist Seeks Approval of Rights Offerings
Deutsche Bank’s Head of ‘Know Your Customer’ Controls to Leave
Disney’s ‘Beauty and the Beast’ Gets Entangled in Visual-Effects Lawsuit
Fitzgerald’s Take: Why Did Alfred Angelo Collapse?
Peltz Launches Proxy Fight Against P&G
Mercury International to Buy Dowling College for $26.1 Million
BlackRock’s Earnings Rise On Stronger Inflows
Puerto Rico’s Troubles Create New Opportunities for Investors
What to Watch in Goldman Sachs’s Results
Firm Retention Summary: Morehead Memorial Hospital
Puerto Rico Economic Crisis Hits Island’s Only Zoo
5 Things to Watch in Bank of America’s Results
Chinese Firm Launches Bid to Make Credit Ratings More Transparent
Uber, Lyft Take Down Not Just Cab Drivers, But Also Lenders
Empire State Manufacturing Survey Shows Slower Growth in July
Voices: Why Advisers Should Consider New Direct Real-Estate Investing Option
Washington Cos. to Buy Dominion Diamond
Church & Dwight to Buy Water Pik
WSJ Dollar Index Flat
Nasdaq Urges Treasurys Clearing | China Sets Cabinet Panel on Financial Rules | Yellen’s Q&A With Senators | Wells Fargo Defections Pick Up | Hayashi’s Take: CFPB’s Arbitration Database Plan
Leap Motion Grabs $50 Million for Hand-Tracking Computer Interface
Bright.md Gathers $8 Million for AI-Based Doctor Support Technology
Zakrzewski’s Take: Time to Rethink Non-Disparagement Clauses
Hayashi’s Take: CFPB’s Arbitration Database Plan
Nasdaq Urges Treasurys Clearing | China Sets Cabinet Panel on Financial Rules | Yellen’s Q&A With Senators | Wells Fargo Defections Pick Up | Hayashi’s Take: CFPB’s Arbitration Database Plan
Torry’s Take: What’s a Little Low Inflation Between Friends?
PBOC Net Foreign-Exchange Sales Rose in June
Emirates, Flydubai Connect in New Middle East Airline Alliance
U.S. Companies Have a New 401(k) Fix: Spend More
Xi Jinping’s Comments Spook Chinese Stock Markets
Roundup of Form D Regulatory Filings--July 14
Clinical Development News, July 10-14
Manufacturing Startup Desktop Metal’s Valuation Tops $1 Billion
Fitzgerald’s Take: Bankruptcy Judge Rules Against Former Lehman Employees on Pensions
Market direction: Neutral