Katie Koch, head of global portfolio solutions international at Goldman Sachs, says the Fed is likely to start hiking rates in the second half of 2015.» Read More
July 30- Hess Corp said on Wednesday it would form a master limited partnership for its North Dakota oil and natural gas storage facilities and processing plants, taking advantage of a key financial trend in the energy sector to generate cash.
Secretary of State John Kerry, who arrived in India on Wednesday for an official visit, has pressed New Delhi to drop its opposition to global trade reforms, saying it was a test of the country's commitment to advance economic liberalisation.
The Senate voted 54-42 to end debate on the bill, six short of the 60 votes needed to advance it. The White House says President Barack Obama supports the legislation.
RICHMOND, Va.— MeadWestvaco Corp. on Wednesday reported net income that rose by 2.8 percent in its second quarter, and topped analysts' expectations. The Richmond, Virginia- based company said profit increased to $73 million, or 43 cents per share, from $71 million, or 39 cents per share, in the same quarter a year earlier.
BOSTON, July 30, Reuters- Tor, the Internet privacy protecting service, said on Wednesday it discovered a compromise on its network that indicated somebody was trying to monitor the activity of its users.
WASHINGTON, July 30- Republican congressman Paul Ryan on Wednesday slammed the U.S. Export-Import Bank as a purveyor of "crony capitalism" that mainly helps a few large companies, and said Congress should focus instead on market reforms that speed growth for all firms.
2014 Jeep Grand Cherokee Summit EcoDiesel 4 X4. BASE PRICE: $29,495 for Laredo 4 X2; $31,095 for Laredo E 4 X2; $31,495 for Laredo 4 X4; $33,095 for Laredo E 4 X4; $35,590 for Altitude 4 X2; $36,495 for Limited 4 X2; $37,590 for Altitude 4 X4; $38,495 for Limited 4 X4; $43,195 for Overland 4 X2; $46,195 for Overland 4 X4; $48,195 for Summit 4 X2; $51,195 for Summit 4 X4.
But that's not all: With the addition of an impressive diesel V-6 from Jeep's parent, Fiat of Italy, the 2014 Grand Cherokee 4 X2 now boasts a federal government travel range of 615 miles on a single tank of fuel, the best ever for a Grand Cherokee.
ARGENTINE ECONOMY MINISTER KICILLOF ARRIVES AT DEBT MEDIATOR' S NEW YORK OFFICE- REUTERS WITNESS.
*U.S., EU impose more sanctions on Russia over Ukraine. LONDON, July 30- Brent crude oil steadied below $108 a barrel on Wednesday, weakened by ample supplies in Europe and Asia, while U.S crude edged higher after data showed a large drop in stockpiles.
The company also announced a plan to buy back up to an additional $1 billion in shares through the end of 2015 after completing a $1 billion program announced last October.
ISTANBUL/ LONDON, July 30- Iraqi Kurdistan's attempts to export oil independently of Baghdad hit another obstacle on Wednesday, as a Turkish energy official and industry sources said the autonomous region's pipeline to the Mediterranean has been shut for the past week.
July 30- CME Group Inc, the world's largest futures exchange operator, said on Wednesday it would buy derivatives broker GFI Group Inc to expand its reach in the European energy and global foreign exchange markets.
CHICAGO— Grain futures were mixed Wednesday in early trading on the Chicago Board of Trade. Wheat for Sept delivery was 5.5025 higher at $5.2550 a bushel; Dec corn was 1.50 cents lower at $3.7050 a bushel; Dec oats were unchanged at $3.3325 a bushel; while Nov soybeans loss 3.50 cents to $10.9150 a bushel.
SCOTTSDALE, Ariz.— Taser International Inc. on Wednesday reported profit that declined by 13 percent in its second quarter on higher expenses, but results beat expectations and sales surged, helped by higher sales of weapon handles to law enforcement agencies.
PHOENIX— Authorities in Phoenix say a passenger has died on a US Airways flight to Phoenix from Honolulu after a suffering an unknown medical emergency. Sky Harbor spokeswoman Julie Rodriguez says the flight was US Airways 693. It left Honolulu on Tuesday night and arrived in Phoenix shortly after 7 a.m. Wednesday.
Baxter International Inc. rose$. 54 or. 7 percent, to $76.88. Bristol-Myers Squibb Co. fell$. 29 or. 6 percent, to $50.73. Hospira rose $2.11 or 4.1 percent, to $54.01.
Canadian National Railway Co. fell$. 04 or. 1 percent, to $67.54. Canadian Pacific Railway Ltd. rose$. 95 or. 5 percent, to $191.44. Kansas City Southern rose$. 64 or. 6 percent, to $110.75.
Bank of America Corp. rose$. 13 or. 8 percent, to $15.47. Citigroup Inc. rose$. 74 or 1.5 percent, to $50.16. Goldman Sachs rose$. 83 or. 5 percent, to $176.37.
Arch Coal rose$. 02 or. 7 percent, to $3.07. Consol Energy Inc. fell$. 22 or. 5 percent, to $40.11. Peabody Energy rose$. 02 or. 1 percent, to $15.58.