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  • *Euro zone summit on Greece proposal to start at 1600 GMT. *Shake Shack falls after Morgan Stanley rating cut. July 7- Wall Street was set to open slightly higher on Tuesday ahead of a euro zone leaders summit at which Greece will bring a proposal in a last-ditch bid to secure an aid package to keep the country in the currency club.

  • CHICAGO— With an eye on the future, Florida Sen. The Republican White House hopeful will outline his policies at a Tuesday morning speech in Chicago before an extended campaign swing through Iowa. Jeb Bush or Democrat Hillary Clinton in excerpts of his remarks released to The Associated Press, yet he cites the years that the Bushes and Clintons governed.

  • *Corn dips 1 pct, falls for 2nd day on dry weather. SINGAPORE, July 7- Chicago corn slid for a second session on Tuesday, while soybeans fell to a one-week low as dry weather in parts of the U.S. grain belt after weeks of heavy rains improved crop prospects. Wheat lost ground, tracking weakness in corn, although losses were limited by unfavorable weather threatening...

  • SYDNEY, July 7- U.S. corn fell nearly 1.5 percent on Tuesday, clocking up two-day losses of approaching 2 percent, after the U.S. Department of Agriculture pegged the condition of the crop above market expectations. *Chicago Board Of Trade December corn was down 1.4 percent to $4.29 a bushel, having closed down 0.52 percent in the previous session.

  • CHICAGO, July 6- CME Group Inc rang the closing bell on open-outcry futures markets on Monday after a few dozen Chicago traders donned their multicolored jackets to buy and sell soybean and Eurodollar futures the old-fashioned way one last time. The world's largest futures exchange operator ended most of its open-outcry futures operations in Chicago and New...

  • CHICAGO, July 6- CME Group Inc ended open-outcry trading in most of its futures markets as planned on Monday as the U.S. Commodity Futures Trading Commission chose not to extend a review of the closures, according to the agency. A small group of Chicago traders and brokers last month asked the CFTC to open a 90- day review of the planned closure of the pits.

  • Less than four years after beating a separate federal case, Sergey Aleynikov convinced a state judge to overturn a jury verdict in May. Manhattan Supreme Court Justice Daniel Conviser wrote in his 72- page opinion that, while Aleynikov "doubtless acted wrongly" by copying code from Goldman's servers before he left the investment bank to join a Chicago trading...

  • July 6- A U.S. appeals court on Monday upheld the conviction of an Illinois man who prosecutors said made nearly $1.2 million trading on inside information about mergers involving clients of Citigroup Inc, where his brother-in-law worked. The 9th U.S. Circuit Court of Appeals in San Francisco affirmed the conviction of Bassam Salman, who was sentenced in April...

  • ATHENS/ FRANKFURT- Greece's combative finance minister resigns, removing one major obstacle to any deal to keep Athens in the euro zone after Greeks voted resoundingly to back the government in rejecting the austerity terms of a bailout. -EUROZONE- GREECE/ GERMANY, moved, by Paul Carrel, 640 words. -MARKETS- GREECE/ VOTE REACTION, moved, by Jamie McGeever, 800 words.

  • CHICAGO, July 6- U.S. corn and soybean futures dropped on Monday as lighter-than-expected U.S. rainfall eased fears about soggy Midwest crops while worries over Greece and China led investors to shun many commodity markets. Corn prices pulled back from 2015 highs notched last week after heavy Midwest rains raised crop concerns and following a...

  • CHICAGO, July 6- A few dozen Chicago traders donned their multicolored jackets to trade soybean and Eurodollar futures the old-fashioned way one last time on Monday, marking the end of 167 years of open-outcry trading in the city where it was born. Barring a last-minute delay by U.S. regulators, CME Group Inc will end most of its open-outcry futures operations in...

  • CHICAGO— Grain futures were lower Monday in early trading on the Chicago Board of Trade. Wheat for September delivery was off 5.75 cents to $5.8475 a bushel; September corn was 6 cents higher at $4.2250 a bushel; December oats were unchanged at $2.7450 a bushel; while November soybeans lost 16 cents at 10.1425 cents a bushel. August live cattle was. 13 cent higher at...

  • NEW YORK- Aetna Inc Chief Executive Officer Mark Bertolini says he is confident that an antitrust review of its proposed purchase of Humana Inc will allow the deal to close in the second half of 2016, seeking to allay investor concerns of significant regulatory hurdles. ATHENS/ FRANKFURT- Greece's outspoken finance minister resigns, removing a major obstacle...

  • *Wheat loses as much as 3 pct, corn/soy around 2 pct. *Firm dollar, worries over Greece, China sap commodities. PARIS/ SYDNEY, July 6- U.S. grain and soybean futures fell sharply on Monday as lighter rainfall than expected eased fears about Midwest crops while worries over Greece and China led investors to shun many commodity markets.

  • No more 'roar' as famed trading pits come to an end Monday, 6 Jul 2015 | 12:05 AM ET

    NEW YORK— Pete Meegan had every intention of going back to college, but then he got a summer job in the Chicago trading pits and fell in love with the "roar" of the floor, the excitement of "4,000 people yelling,' Buy! ' "and decided no more classroom for him. On Monday, most futures pits in Chicago and New York, where frenzied buying and selling once helped set prices on cattle...

  • NEW YORK— Pete Meegan had every intention of going back to college, but then he got a summer job in the Chicago trading pits and fell in love with the "roar" of the floor, the excitement of "4,000 people yelling,' Buy! ' "and decided no more classroom for him. On Monday, most futures pits in Chicago and New York, where frenzied buying and selling once helped set prices on cattle...

  • SINGAPORE/ NEW YORK, July 3- Greece's huge global diaspora is dishing out advice to friends and relatives on how to vote in Sunday's referendum and some feel so strongly they are buying expensive tickets to get home to cast their own ballots. One airline put on extra flights and ticket prices have risen for expatriates who want to have a say in whether Greece...

  • Technology, progress bypass Chicago's pit traders Thursday, 2 Jul 2015 | 7:17 PM ET

    CHICAGO, July 2 (Reuters)- Technology has long benefited Chicago's futures exchanges, historians say, even though electronic trading is the final blow for its human brokers, rendering obsolete the "open-outcry" futures pits on the trading floor where they have worked for generations. The rough-and-tumble times of the floor were an iconic part of Chicago, and...

  • CHICAGO, July 2 (Reuters)- Standard& Poor's Ratings Services on Thursday dropped the credit rating for the Chicago Board of Education two notches to BBB, warning the rating could fall further if the financially troubled school district does not produce a "credible" budget. Reaction to the downgrade from the Chicago Public Schools (CPS) and Chicago Mayor Rahm...

  • (For more Reuters coverage of the closing of Chicago's open-outcry futures pits, please see "Chicago Pits: End of an Era," ( http://www.reuters.com/subjects/chicago-pits-close). CHICAGO, July 2 (Reuters)- The cost of membership at Chicago's famous futures trading exchanges has topped $1 million in the past as traders snapped up the chance for benefits like...