Carlyle (NASDAQ: CG) may buy a unit of United Technologies (NYSE: UTX). (Reuters)
More factories move to the United States as China’s manufacturing costs rise. (Reuters)
The CEOs of Apple (NASDAQ: AAPL) and Samsung continue to disagree on the value of disputed patents. (Reuters)
Texas Instruments (NASDAQ: TXN) says earnings were hurt by falling orders. (Reuters)
A number of bank traders are being investigated over Libor rigging. (WSJ)
PMI data for China drops in July but the pace slowed. (WSJ)
ShopRunner hires ex-Yahoo! (NASDAQ: YHOO) CEO Scott Thompson. (WSJ)
Cisco Systems (NASDAQ: CSCO) to fire 1,300 workers. (WSJ)
Fairfax Financial Holdings increases its stake in Research In Motion (NASDAQ: RIMM) to almost 10%. (WSJ)
Pfizer (NYSE: PFE) and Johnson & Johnson (NYSE: JNJ) announce their trials of Alzheimer’s drug bapineuzumab failed. (WSJ)
McDonald’s (NYSE: MCD) second-quarter earnings fall because of the economy. (WSJ)
VMWare (NYSE: VMW) buys Nicira for about $1.26 billion. (WSJ)
Citigroup (NYSE: C) Chairman Michael E. O’Neill becomes more involved in the firm’s daily activity. (WSJ)
The deputy chairman of Barclays (NYSE: BCS) says he will not seek the chairman’s role. (NYT)
Newsweek and The Daily Beast are dumped by the Harman family, leaving them to count on investment from IAC/InterActiveCorp (NASDAQ: IACI). (NYT)
Moody’s warns on the sovereign debt ratings of Germany, the Netherlands and Luxembourg. (FT)
News Corp. (NASDAQ: NWSA) and AT&T (NYSE: T) build tablets for educational purposes. (FT)
SAP’s (NYSE: SAP) profits rise on a sharp increase in software demand. (Bloomberg)
Corn crops in southern Europe are damaged by heat, as are those in the United States. (Bloomberg)
Douglas A. McIntyre
Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
