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  • *Athens stock market could re-open on Monday. *ETF performance could be guide for Athens re-opening. LONDON, July 31- U.S.-listed equity instruments tied to Greece have fallen around 20 percent since the Athens stock market was closed in late June, heralding a potentially rough start when it finally re-opens.

  • NEW YORK, July 31- As traders, market pundits and economists jaw over whether the Federal Reserve this year will lift its benchmark lending rate for the first time in almost a decade, several corners of the U.S. bond market are not waiting around. Banks, money market mutual funds and other investors do not want to be stuck with low-yielding debt when the U.S. central...

  • *Avolon says considering two offers. DUBLIN, July 31- China's Bohai Leasing Co Ltd has offered to buy Irish rival Avolon for $2.55 billion, a 55 percent premium over its December initial public offering, the Irish firm said on Friday. "Avolon's Board of Directors has not accepted or rejected either offer and continues to carefully evaluate these... and has authorised...

  • July 31- Many wealthy people struggle to talk to their children about how much money they have. A 2015 T. Rowe Price study of 1,000 parents found that 72 percent had at least some reluctance to talk to their kids about money. When kids are as young as 6, parents and advisers can start by helping them identify bills and coins and understand the purpose of money, said...

  • By Jason Bush and Alexander Winning. MOSCOW, July 31- Russia's central bank cut its key interest rate by 50 basis points to 11 percent on Friday, as expected, citing a cooling economy that it said outweighed inflation risks. Oil prices briefly rebounded then, promising some relief for Russia's economy and currency, battered by last year's oil price slump and...

  • Employment Cost Index barely rises in Q2. NEW YORK, July 31- U.S. The Employment Cost Index rose just 0.2 percent, the U.S. Labor Department reported, marking the smallest increase in the 33- year history of the index that is the broadest measure of labor costs.

  • *OPEC output up more than 1.7 mln bpd since policy shift. LONDON, July 31- OPEC oil output reached the highest monthly level in recent history in July, a Reuters survey found on Friday, as Saudi Arabia and other key members show no sign of wavering in their focus on defending market share instead of prices. OPEC supply has risen in July to 32.01 million barrels per day...

  • *Kenyan brewer has 51 pct stake in Tanzania brewer. *Tanzania regulator wants to revoke the stake. NAIROBI, July 31- Kenya's East African Breweries Ltd said on Friday it would try to convince Tanzanian authorities not to revoke its acquisition of a controlling stake in Tanzania's second-largest brewery.

  • July 31- The following table shows OPEC crude oil output in millions of barrels per day in July and June, based on a Reuters survey. OPEC at a meeting on June 5 agreed to retain the target for the second half of 2015. Totals are rounded. There are no individual quotas disclosed for the OPEC member countries.

  • *Rest of Europe and Brazilian business strong. PARIS, July 31- France's Carrefour said its turnaround plan was reaping rewards in Europe and Brazil, where strong performances helped it beat first-half profit forecasts. The company, which makes about three-quarters of it sales in Europe, is making price and cost cuts and expanding into smaller convenience...

  • BRUSSELS— The European Union is opening an in-depth probe into whether FedEx's proposed $4.9 billion takeover of Dutch company TNT would strangle competition in the massive market for small package deliveries. EU Antitrust chief Margrethe Vestager said Friday she had to "make sure that FedEx's takeover of TNT would not impede effective competition and...

  • July 31- U.S. stocks edged up on Friday as historically low wage growth supported the view that the Fed could delay the timing of a rate increase.

  • ATLANTA— UPS will spend $1.8 billion to acquire Coyote Logistics as it maneuvers for a slice of the burgeoning freight brokerage business. The Chicago company will become a UPS subsidiary and continue to be headed by Jeff Silver. The Atlanta company anticipates the transaction could result in $100 million to $150 million in annual operating savings.

  • **Q2 profit drops 90 pct $571 million, or 30 cents a share. **Chief Executive John Watson says working to slash costs by renegotiating supply contracts. **Excluding one-time items, Chevron earned 97 cents per share vs average analyst estimate of $1.16 per share.

  • ITHACA, N.Y. _ Tompkins Financial Corp. on Friday reported second-quarter earnings of $17.4 million. The bank, based in Ithaca, New York, said it had earnings of $1.15 per share. Keywords: Tompkins Financial, Earnings Report.

  • MONTREAL _ Gildan Activewear Inc. on Friday reported second-quarter earnings of $99.4 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 44 cents per share. Four analysts surveyed by Zacks expected $764.9 million.

  • NOVATO, Calif. _ Willis Lease Finance Corp. on Friday reported a second-quarter loss of $492,000, after reporting a profit in the same period a year earlier. On a per-share basis, the Novato, California- based company said it had a loss of 6 cents. Keywords: Willis Lease Finance, Earnings Report.

  • HOPKINSVILLE, Ky. _ HopFed Bancorp Inc. on Friday reported a second-quarter loss of $117,000, after reporting a profit in the same period a year earlier. HopFed Bancorp shares have dropped roughly 6 percent since the beginning of the year. Keywords: HopFed Bancorp, Earnings Report.

  • The unexpectedly smaller rise reported by the Labor Department on Friday will probably not dampen speculation that the Federal Reserve is set to raise interest rates later this year. The Employment Cost Index, the broadest measure of labor costs, edged up 0.2 percent, the Labor Department said. "This data has periodically proved to be very lumpy and the sharp...

  • DUBLIN, July 31- Irish aircraft leasing firm Avolon said on Friday it was considering an unsolicited takeover bid of $31 per share from China's Bohai Leasing Co Ltd, which would value the firm at over $2.5 billion. Bohai, which earlier this month agreed to buy 20 percent of U.S.-listed Avolon for $429 million, was informed of the unsolicited offer and made its own...