UPDATE 3-Puerto Rico makes only partial bond payment; broader defaults possible NEW YORK, Aug 3- Puerto Rico has defaulted on its debt by paying only a fraction of what was due on bonds due Aug. 1, showing the depth of the island's economic and cashflow problems and potentially opening the door to broader defaults and litigation from bondholders. The U.S. commonwealth paid only $628,000 of a $58 million payment due on its Public Finance Corp...
| By: Megan Davies and Jessica DiNapoli
IMAX's big picture: CEO IMAX Corporation CEO Rich Gelfond discusses his company's growth and the reasons behind the stock's recent slowdown, with "Mad Money" host Jim Cramer.
Twitter's record low The Fast Money traders discuss their buzzkill name of the day: Twitter.
UPDATE 1-Raytheon SM-6 intercepts ballistic missile target in key test WASHINGTON, Aug 3- Raytheon Co's Standard Missile-6 intercepted and destroyed a short-range ballistic missile off the coast of Hawaii last week, the Pentagon said on Monday, paving the way for the SM-6 to be deployed on U.S. Navy Aegis ships next year. "This important test campaign not only demonstrated an additional terminal defense layer of the, it also proved...
| By: Andrea Shalal
UPDATE 2-Puerto Rico defaults on bond payment, pays fraction of $58 mln NEW YORK, Aug 3- Puerto Rico has defaulted on its debt by paying only a fraction of what was due on bonds due Aug. 1, showing the depth of the island's economic and cashflow problems and potentially opening the door to litigation. The commonwealth paid only $628,000 of a $58 million payment due on its Public Finance Corp bonds, the head of its Government Development...
| By: Megan Davies
Gotta buy oil here: Pro Discussing the latest market action and where to find opportunity with Phil Blancato, Ladenburg Thalmann Asset Management.
TREASURIES-Longer-dated yields slide on ISM data, inflation outlook NEW YORK, Aug 3- U.S. benchmark and long-dated Treasury yields hit their lowest levels in over two months on Monday on weak U.S. economic data and a muted inflation outlook, while declines in short-dated yields were limited ahead of a key U.S. jobs report. Continued concerns over China and Greece's economies also spurred some safe-haven bids for U.S.
| By: Sam Forgione