ECONOMY & MARKETS

The top after-market Nasdaq gainers Tuesday were Riverbed Technology Inc, Ancestry.com inc, BioCryst Pharmaceuticals Inc, Altera Corporation and iRobot Corporation Inc.The top after-market Nasdaq losers were Netflix, Inc, Buffalo Wild Wings Inc, TripAdvisor Inc, Amyris Inc and Horizon Technology Finance Corporation.

The top after-market NYSE gainers Tuesday were Unisys Corp, Tempur-pedic International, McEwen Mining, InvenSense and Sanchez Energy Corp. The top after-market NYSE losers were DigitalGlobe, Genco Shipping & Trading, International Game Technology, Crestwood Midstream Partners and Owens & Minor.

Most Asian markets fell Wednesday as investors continued to worry that the debt crisis faced by the euro zone would weigh down the global economic condition.

The New York Times Co. (NYSE: NYT), publisher of the third-largest U.S. newspaper by circulation, is expected to have higher earnings in the second quarter on lower revenue as print advertising is flat but online subscribers increase.

The financial and fiscal crisis in Spain entered a new and dangerous phase Tuesday as economic, political, civic and diplomatic links appeared to quickly disintegrate in the face of panic-stricken markets.

Millions of Americans have gone broke by buying their dream home and now financial innovation is needed to help savers and mortgage holders get out of debt.

Greece is not likely to be able to pay its debts, meaning the twice bailed-out member of the euro zone will have to restructure about $240 billion of sovereign debt, European Union officials told Reuters on Tuesday.

Traders piled into a frothy rally in the natural gas markets Tuesday, sending the price of the energy commodity to 2012 highs and seemingly hoping to turn a quick profit with a highly volatile trade before the market's momentum shifts.

Cisco Systems, Inc. (Nasdaq: CSCO), the biggest maker of computer-networking equipment, plans to cut about 1,300 jobs, or 2 percent of its workforce, as part of its ongoing efforts to restructure the company.

As non-Persians, they have long faced discrimination, particularly with respect to employment, housing, and civil rights.

Liverpool, only about 130 miles from Dublin across the Irish Sea, has long attracted immigrants from Eire.

Baidu.com, Goodyear Tire & Rubber, NXP Semiconductors, Telecom Italia, Elan Corp, Infosys Ltd, Banco Santander and Barclays Plc. are among the companies whose shares are moving in pre-market trading Tuesday.

The U.S. housing recovery is here, with an uptick in prices, government support and a decrease in unsold off-market homes, known as shadow inventory, according to analysts from Goldman Sachs Group Inc. (NYSE: GS), the fifth-largest U.S. bank by assets.

U.S. stock index futures point to a flat opening Tuesday as investor sentiment continue to be affected by the mounting borrowing costs faced by Spain and worsening economic condition of Greece.

Asian stock markets advanced slightly Tuesday after a report showed that Chinese factory activity in July grew at its fastest pace since February.

Crude oil futures advanced Tuesday as fears over a sharp growth slowdown in the world’s second largest economy slightly eased after a report showed that Chinese factory activity in July grew at its fastest pace in five months.

Most European markets rose Tuesday but investors remained watchful amid continuing concerns of the deepening economic conditions in the euro zone.

The top after-market Nasdaq gainers Monday were HealthStream Inc, Sanmina-SCI Corporation, The Wet Seal Inc, Amedisys Inc and Stamps.com Inc.The top after-market Nasdaq losers were Volterra Semiconductor Corporation, Transcept Pharmaceuticals Inc, Grand Canyon Education Inc, Apollo Group Inc and SIGA Technologies Inc.

The top after-market NYSE gainers Monday were TransAlta, Rogers Communication, Swift Transportation, Just Energy Group and Under Armour. The top after-market NYSE losers were DeVry Inc, Elan Corp, Quicksilver Resources, Encana Corp and Canadian Natural Resources.

Most Asian markets fell Tuesday as investor sentiment was dragged down by the continuing concerns over the debt burden lingering over the euro zone.

Germany, the Netherlands and Luxembourg had the outlooks for their Aaa credit ratings lowered to negative Monday by Moody's Investors Service, which cited “rising uncertainty about Europe’s debt crisis.

The future of Fannie Mae and Freddie Mac, the two government-controlled entities that guarantee around 60 percent of the U.S. mortgage market, remains uncertain, but their federal regulator is requesting a plan to wind them down and sell their assets.

The Boeing Co. (NYSE:BA), the largest U.S. aerospace manufacturer, is expected to have higher revenue in the second quarter but lower earnings per share as profit from commercial airplanes is dampened by cuts in military spending and pension expenses.

Representatives of the creditors that are keeping Greece economically afloat are set to arrive in Athens Tuesday to appraise Greece's slow progress in implementing austerity measures required for it to continue to receive bailout money.

In a fairly light week of data, Friday's first take on the U.S. second-quarter gross domestic product will be the main event. Economists expect a feeble reading of 1.4 percent. This will be the final major data point to influence participants at the July 31 - Aug.1 meeting of the policy-setting Federal Open Market Committee.

Spain's stock market plunged Monday to its lowest level in nearly 10 years on growing doubts that the nation can avoid defaulting on its massive debts without an external rescue. The government also instituted a three-month ban on short-selling all securities.

The Spanish government's costs hit a record high Monday -- their third consecutive record high in as many days -- as doubts about the country's fiscal stability mounted among international lenders.

Philips Electronics, PhotoMedex, Deutsche Bank, Banco Santander, Morgan Stanley, United States Steel Corp, Bank of America Corp, Ford Motor and JPMorgan Chase & Co. are among the companies whose shares are moving in pre-market trading Monday.

Asian stock markets slumped Monday as renewed concerns over the euro zone debt crisis and worries about the Chinese economic slowdown dented investor sentiment.