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TODAY'S TOP STORIES

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Asian-Markets1_08Jul15.jpg Stock futures point to a higher open on Wednesday following four consecutive sessions of losses. With Greek Prime Minister Alexis Tsipras failing to present EU leaders with a detailed reform blueprint at a meeting of finance ministers on Tuesday, frustrated European leaders gave Greece until Sunday to...

wallstreet-112014_07Jul15.jpg After falling sharply in early trading, stocks showed a substantial turnaround over the course of the trading session on Tuesday. The major averages bounced well off their lows for the session and into positive territory.

Crudeoil3-111914_07Jul15.jpg U.S. crude oil ended lower for a fourth straight session on Tuesday, as the dollar trended higher against some major currencies and investors keeping a close watch on the Iran nuclear agreement with talks reportedly extended until Friday. In the event an agreement is reached, it is anticipated that...

Coke-Label-Ramadan-070715.jpg Coca-Cola announced that it is removing its trademark logo from cans in the Middle East as part of the soda giant's marketing campaign to fight prejudice. The company has replaced its famous trademark logo with "Labels are for cans not people," message. The company has made the change during the...

Obama-Solar-070715.jpg The White House on Tuesday unveiled a new plan to improve the access of solar energy power to low and middle-income families in order to cut energy costs, address climate change and promote clean energy. The new initiative plans to unlock access to solar for the nearly 50 percent of households and...

Goldbars2-022513_07Jul15.jpg Gold futures ended sharply lower on Tuesday, as the dollar strengthened against some major currencies, even as a crucial Eurogroup summit on Greece is underway, which could provide Athens with another opportunity to stay in the eurozone. Greece on Sunday rejected the bailout plan demanded by its international...

Hillaryclinton-041112_07Jul15.jpg Democratic presidential front-runner Hillary Clinton spoke out in support of debt-laden Puerto Rico on Tuesday, arguing that the island commonwealth deserves "a fair shot at success."

Carnival-070715.jpg Carnival said it has obtained U.S. approval to begin cruises to Cuba. The announcement by the cruise operator follows the recent restoration of diplomatic relations between the U.S. and Cuba.

wallstreet3-121214_07Jul15.jpg After falling sharply earlier in the trading session on Tuesday, stocks have regained some ground but remain firmly in the red. The Dow currently remains on pace to end the session at its lowest closing level in five months.

kerry-in-vienna-070715.jpg Negotiators for Iran and six major world powers have agreed to once again extend talks regarding a deal to address Iran's nuclear program. The negotiations will be extended until the end of the week, marking the second extension after the talks exceeded the original June 30th deadline.

wallstreet-111914_07Jul15.jpg Stocks have moved notably lower over the course of early trading on Tuesday, adding to the losses posted in the previous session. The major averages have slid firmly into negative territory, with the Dow falling to a five-month intraday low.

Rapid-070715.jpg Cyber security provider Rapid7, Inc. has filed for an initial public offering of its common stock, aiming to raise $90 million. The Boston, Massachusetts-based company is offering 6.45 million shares of its common stock in the IPO, while the underwriters will have a 30-day option to buy an additional 967,500 shares from the company to cover over-allotments.

Tradebalance-070715.jpg With the value of exports falling by much more than the value of imports, the Commerce Department released a report on Tuesday showing that the U.S. trade deficit widened in the month of May. The report said the trade deficit widened to $41.9 billion in May from a revised $40.7 billion in April.

wallstreet4-103112_07Jul15.jpg After ending the previous session moderately lower, stocks may show a lack of direction in early trading on Tuesday. The major index futures are currently pointing to a modestly higher open for the markets, but they have significantly trimmed earlier gains.

Horizon-Depomed-070715.jpg Biopharmaceutical company Horizon Pharma plc offered Tuesday to acquire all outstanding shares of smaller peer Depomed, Inc. for $29.25 per share in an all-stock deal valued at about $3 billion. The offer has the unanimous support of Horizon's board of directors. The proposed deal, if consummated, would immediately and substantially add to Horizon's adjusted earnings per share.

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