AP - Drug developer Dynavax Technologies Corp. said Friday that higher operating expenses, weak revenue and costs linked to a stock offering drove it to a second-quarter loss, reversing a year-ago profit.

FILE - In this July 28, 2010 file photo specialist Donald Civitanova, left, and trader Maier Tarlow work on the floor of the New York Stock Exchange. Stock futures dropped Friday, July 30, as investors cautiously awaited the government's first reading on gross domestic product. (AP Photo/Richard Drew, filw)AP - Stocks had a fitting end to a choppy July as prices seesawed their way to a narrowly mixed finish. The market still had its best month in a year.


A trader works on the floor of the New York Stock Exchange July 28, 2010. REUTERS/Brendan McDermidReuters - U.S. stocks closed little changed on Friday, but Wall Street wrapped up its best month in a year after the earnings season rounded the final turn with a group of strong results that offset the impact of poor economic data.


Workers use a hose to skim oil into a tanker truck from the surface of the Kalamazoo River July 28, 2010. U.S. Environmental Protection Agency officials overseeing the cleanup of an estimated 820,000 gallons of oil (19,500 barrels) that spilled from an Enbridge Inc  pipeline said they hoped to contain the damage at Morrow Lake, just east of Kalamazoo, Michigan. Picture taken July 28, 2010. REUTERS/Rebecca Cook/Greenpeace/Handout  (UNITED STATES - Tags: DISASTER ENVIRONMENT ENERGY BUSINESS) NO SALES. NO ARCHIVES. FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS. MANDATORY CREDITAP - Motorists heading out on vacation in the next month should expect gasoline prices to remain fairly constant, give or take a few cents.


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U.S. News & World Report - Investors still trust the safety of bond funds. June was another good month for fixed income. The Investment Company Institute reported that overall, mutual funds saw net inflows, mostly into bond funds. Bond funds experienced inflows of more than $20 billion--up about $6 billion from May. Meanwhile, stock funds saw more outflows. The WSJ reports that investors haven't consistently put money into stock funds since the market hit its low in March 2009. Low-yielding money market funds also continued to see outflows, which brings their total outflows for the year to more than $500 billion.

Specialist Michael Sollitto, right, directs trades at his post on the floor of the New York Stock Exchange Wednesday, July 28, 2010. The Dow Jones industrial average fell almost 40 points after the Fed released its regional survey of the economy, a report known as the 'beige book.' (AP Photo/Richard Drew)AP - European and U.S. stock markets dropped sharply Friday after figures showed the U.S. economy slowed faster than expected in the second quarter, further eroding confidence in the recovery in the world's largest economy.


NEW YORK (Reuters) - Stocks opened lower on Friday after data showed U.S. economic growth slowed more than expected in the second quarter, underscoring worries about the recovery.


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A trader sits in front of a board displaying Germany's share index DAX at the stock exchange in Frankfurt in May. Europe's main stock markets fell on Friday as investors looked ahead to key economic growth figures from the United States, after dissecting news of a major takeover, company earnings and eurozone data.(AFP/DDP/File/Martin Oeser)AFP - Europe's main stock markets fell on Friday as investors looked ahead to key economic growth figures from the United States, after dissecting news of a major takeover, company earnings and eurozone data.


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Reuters - The Securities and Exchange Commission charged billionaire Samuel Wyly and his brother Charles with fraud for reaping more than $550 million of illicit gains by trading stock in four companies while they were serving as directors.
NEW YORK (Reuters) - The Securities and Exchange Commission charged billionaire Samuel Wyly and his brother Charles with fraud for reaping more than $550 million of illicit gains by trading stock in four companies while they were serving as directors.