Russia's 1Q GDP Down 2.2% on Year - Official Data

TODAY: Sept. 4, 2015 PUB DATE: July 1, 2015

By Olga Razumovskaya MOSCOW--Russian gross domestic product in the first quarter of 2015 dropped 2.2% from a year earlier, data showed Wednesday. A decline of 1.9% had been forecasted previously for the first quarter. The figure has been revised to ...

ISM Manufacturing Index Rises to 53.5 in June -- 2nd Update

TODAY: Sept. 4, 2015 PUB DATE: July 1, 2015

By Kathleen Madigan U.S. manufacturers ended the second quarter on stable footing, reporting a strong flow of orders that could help support the overall economy in coming months. The Institute for Supply Management said Wednesday that its purchasing managers' index ...

Greece Defaults on IMF Loan -- 5th Update

TODAY: Sept. 4, 2015 PUB DATE: July 1, 2015

By Viktoria Dendrinou, Nektaria Stamouli and Gabriele Steinhauser Greece became the first advanced economy to default on loans from the International Monetary Fund on Tuesday, after European finance chiefs shut down Athens's last-minute request for emergency financial aid. The Greek ...

Emerson Electric to Spin Off Network Power -- 2nd Update

TODAY: Sept. 4, 2015 PUB DATE: July 1, 2015

By Bob Tita Emerson Electric Co. plans to carve off its network-power business and about $5 billion in annual sales, in a move that reflects increasing challenges for suppliers of equipment and services to the computer-server centers powering the Internet. ...

Sysco Ends Plans to Merge With US Foods -- 2nd Update

TODAY: Sept. 4, 2015 PUB DATE: July 1, 2015

By Annie Gasparro Sysco Corp. abandoned its planned acquisition of rival US Foods Inc. following a federal judge's ruling against the deal, forcing the food-distribution giant to find a new strategy for its future that is likely to include smaller ...

Asian Shares Hold Steady After Greece Defaults

TODAY: Sept. 4, 2015 PUB DATE: July 1, 2015

By Gregor Stuart Hunter Asian markets held steady early Wednesday, as investors appear to take in stride Greece's missed loan payment and await a raft of factory data from across the region. Global markets stabilized even as Greece ended up ...

Jeb Bush Releases 33 Years of Tax Returns

TODAY: Sept. 4, 2015 PUB DATE: July 1, 2015

Republican Jeb Bush is one of the wealthiest candidates in the 2016 presidential field and pays far more in taxes than the typical American, according to 33 years' worth of tax returns released by his campaign on Tuesday, the most ...

Asian Shares Hold Steady After Greece Defaults--2nd Update

TODAY: Sept. 4, 2015 PUB DATE: July 1, 2015

By Gregor Stuart Hunter HONG KONG--China's markets were roughly flat Wednesday as investors took stock of a choppy period of trading over the past two weeks that has rolled back some of the gains from a yearlong bull market. Global ...

Thailand's Deflation Continues But at Slower Pace in June

TODAY: Sept. 4, 2015 PUB DATE: July 1, 2015

By Nopparat Chaichalearmmongkol BANGKOK-Thailand's deflation continued for the sixth straight month in June as the recent rise in oil prices haven't yet supported local consumer prices, the Commerce Ministry said Wednesday. The country's consumer price index fell 1.07% from a ...

APR Energy Shares Surge on Uruguay Contract Extension

TODAY: Sept. 4, 2015 PUB DATE: July 1, 2015

By Rory Gallivan LONDON--Shares in APR Energy PLC (APR.LN) surged after the provider of mobile power turbines said a project with Uruguay's state power company will continue to the end of this year. The project with Usinas y Trasmisiones Eléctricas ...

Court Rejects Motion to Block Merger of Samsung Affiliates

TODAY: Sept. 4, 2015 PUB DATE: July 1, 2015

SEOUL?A South Korean court on Wednesday rejected a motion by a U.S. hedge fund to block a planned $8 billion takeover of the construction arm of the Samsung conglomerate by the de facto holding company of the business group, clearing ...

Diageo Sells Gleneagles Hotel for Undisclosed Sum

TODAY: Sept. 4, 2015 PUB DATE: July 1, 2015

LONDON--Diageo PLC (DGE.LN) said Wednesday it has sold Gleneagles Hotel Ltd. to a private investment group led by Ennismore for an undisclosed sum, as it isn't a core business for the spirits maker. Gleneagles Hotel was opened in 1924 and ...

Asian Shares: China Returns to Bear Market--5th Update

TODAY: Sept. 4, 2015 PUB DATE: July 1, 2015

By Gregor Stuart Hunter HONG KONG--China's main market fell sharply after a stretch of calm earlier Wednesday, reviving the choppy trade that dominated the past two weeks and erased some gains from a yearlong bull market. The Shanghai Composite Index ...

Bank of England Warns Greece Threatens Financial Stability

TODAY: Sept. 4, 2015 PUB DATE: July 1, 2015

LONDON?The Bank of England said Wednesday the outlook for financial stability in the U.K. has deteriorated in recent days as the crisis in Greece intensifies, underscoring how the Mediterranean nation's debt troubles are reverberating outside the eurozone. Presenting the BOE's ...

Eurozone Manufacturing Hits 14-Month High

TODAY: Sept. 4, 2015 PUB DATE: July 1, 2015

Manufacturing activity in the eurozone hit a 14-month high in June, as growth accelerated in Germany, France and the Netherlands, a survey of purchasing managers showed Wednesday, indicating that one of the world's largest economies will expand solidly this year. ...

Russia Weekly Consumer Inflation Slows to 0% for Second Time in 2015

TODAY: Sept. 4, 2015 PUB DATE: July 1, 2015

By Olga Razumovskaya MOSCOW--Russia's consumer prices were unchanged in the week to June 29, for the second time in 2015, suggesting decreasing inflationary pressure, data showed Wednesday. Consumer prices rose 0.1% in the previous week. In the week to June ...

CURRENCIES: Dollar Rises Ahead Of ADP Employment Report

TODAY: Sept. 4, 2015 PUB DATE: July 1, 2015

By Joseph Adinolfi, MarketWatch The dollar looked set to start the quarter off strong ahead of an employment estimate from ADP. The U.S. Dollar Index , a measure of the dollar's strength against a basket of six currencies, was up ...

June Jobless Rate Seen Falling to 5.4%--Data Week Ahead

TODAY: Sept. 4, 2015 PUB DATE: July 1, 2015

The following are forecasts for this week's remaining data from a survey compiled by The Wall Street Journal. DATE TIME RELEASE PERIOD CONSENSUS PREVIOUS (ET) Thursday 0830 Jobless Claims June 27 270K (25) 271K 0830 Nonfarm Payrolls Jun +233K (37) ...