- Asia stocks, commodities decline as China growth slows, Fed cuts outlook.
- Back-to-school spending may rise as much as 16% in US - Natl Retail Federation.
- BOJ says Japan's growth will slow next year, keeps benchmark rate at 0.1%.
- China’s stocks dropped, after GDP growth eases to 11.1% in first half from year earlier.
- China’s June crude-oil processing rose at the most gradual pace in eight months.
- FDIC accuses 4 former executives of failed IndyMac of negligence in making loans.
- IMF sees Irish deflation through 2011; predicts a 1.8% fall in prices in 2010, a 0.5% fall next.
- Industrial production in the US fell in June for the first time in a year: Bloomberg Survey.
- More than 1M American households likely to lose their homes to foreclosure this year: RealtyTrac.
- Spain to sell 15-year bonds in debt auction as deficit pressures increase.
- Airbus won an order worth more than 2 billion euros A330 to Russia's Aeroflot.
- BP began a test of a new cap on its leaking well.
- GE CEO Immelt sees slow U.S., European crisis exit-report.
- GIP, Morgan Stanley among Brisbane port bidders –report
- Glaxo expects to record a 1.57 billion-pound ($2.4 billion) legal charge in the 2Q.
- Glaxo’s drug Avandia should stay on the market accdg. to federal health experts.
- Honda supplier Atsumitec's Chinese plant workers on strike since July 12.
- JPMorgan's June net income rose from $2.7B last year to $4.8B this year.
- KKR said to raise $800 million for china fund, joins blackstone.
- Marriott 2Q profit climbs 42% on rising business travel demand.
- Meridian Biosciences received approval from the US FDA for its molecular diagnostics.
- Mylan pays $550M cash for Boiniche Pharma.
- Novartis to settle worker gender-discrmination case for $152.5 million.
- Oaktree Capital wins $1.7 bln asset sale by FDIC-FT
- Sanyo signed a $366 million deal to sell its chip unit to ON Semiconductor.
- Smart Technologies raised $660 million in the second-biggest IPO this year.
- Vivus' weight-loss pill faces FDA test.
- Volkswagen to build new plant in China.
- Yamaha said sales in North America and Europe may fall twice as much as forecast.
Economic Calendar: Data on Initial & Continuing Claims, PPI, Capacity Utilization to be released.
Earnings Calendar: AMD, ANGO, CARV, CBSH, CBST, DYII, EMMS, FCS, GOOG, JOEZ, LBAI, LION, NXY, PPG, SCHW, WWW.
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