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Financial Services Industry News courtesy of MarketWatch.com

Metals Stocks: Gold futures mark fifth straight session decline

Gold futures settle lower as traders track discussions about a debt deal for Greece.
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Deep Dive: 15 ‘high-quality’ dividend stocks with yields of up to 13%

But investors ought to be in it for the long run as rates rise, writes Phil van Doorn.
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Capitol Report: Thomas dissents from fair-housing decision by noting NBA’s racial composition

In a dissenting opinion to Thursday’s Supreme Court decision that favored fair-housing advocates, Justice Clarence Thomas slammed those he said are on a “quest to eradicate what they view as institutionalized discrimination.”
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5 things to know about Planet Fitness

Planet Fitness, Inc. filed to go public Monday, and plans to trade on the New York Stock Exchange.
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Health Exchange: Supreme Court upholds Obamacare subsidies

The U.S. Supreme Court decides 6-3 to uphold Obamacare subsidies, sending up the shares of health-care companies.
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The Tell: Apple, IBM betting niche apps win in the workplace

Apple and IBM say they are at an advantage over competitors in enterprise mobility because they can specialize apps for niche job functions.
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Trading Strategies: The six best sectors for 2015’s second half

Manufacturing and finance are the two industries that will lead the market during the second half of 2015, according to a select group of top performing advisers
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Thousands of millennials gathered for a pep rally and we were there

At Millennial Week, young professionals, Capitol Hill interns and entrepreneurs popped in to panels on topics like politics and building capital for your business, schmoozed, built code and even practiced yoga.
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Capitol Report: Fed says stress test models will stay a secret

Banks want to know how they’re being graded; SEC Chairwoman schools corporate secretaries; CME options pits stay open while futures closure pending; and more
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Capitol Report: AIG’s win holds no promises for Fannie, Freddie investors: analysts

Investors who bought shares of mortgage-finance giants Fannie Mae and Freddie Mac after a decision against the government in a separate case are in for disappointment.
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Movers & Shakers: Adobe, La-Z-Boy set to report quarterly results

Adobe, La-Z-Boy, Avalanche Biotechnologies and Gap are among the names likely to be in focus in Tuesday trade.
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TransUnion’s IPO terms imply $4 billion valuation

The credit-rating company said its offering could raise up to about $780 million, by selling about 34 million shares at a price of $21 to $23 a piece.
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Twitter’s huge shake-up isn’t enough to sway analysts

After Twitter CEO Dick Costolo announced he was stepping down, investors and analysts are calling for Twitter to make more strategic changes.
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Bond Report: Greece fears push Treasury yields lower

Treasury yields move lower Monday on concerns about floundering talks between Greece and its creditors, and weaker-than-expected U.S. data.
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Market Extra: Here’s what’s fueling a natural-gas price rally

Warmer temperatures in much of the U.S. and a weather system in the Gulf of Mexico fuel a rally for natural gas.
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The Margin: Every startup stereotype in one San Francisco bubble party

Nothing says tech bubble like a live-streaming bubble party in San Francisco.
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The Fed: Yellen’s message this week? Rate hikes are coming

Interest-rate hikes are coming. That will be Fed Chairwoman Janet Yellen’s message to markets this week.
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Mark Hulbert: The dirty little secret advisers won’t tell you

Luck plays a far bigger role than skill in investment performance, says Mark Hulbert.
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The Wall Street Journal: Breakdown of EU-Greece talks sets up for a showdown

The swiftness with which European officials dismissed the Greek government’s latest proposals on Sunday, suggests Prime Minister Alexis Tsipras is placing all of his bets on appealing for better terms to German Chancellor Angela Merkel and the 17 other eurozone leaders at a Brussels summit on June 25
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Metro sells Galeria Kaufhof for $3.17 billion

FRANKFURT--German retailer Metro AG said Monday it is selling its Galeria Kaufhof department stores and its Belgian subsidiary for EUR2.83 billion ($3.17 billion) to Hudson's Bay Company, ending months of speculation about the future of the stores.
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The Wall Street Journal: Saudi market opening may help neighbors

When Saudi Arabia opens up its stock market to foreign investors Monday, the loudest cheers may come from the Persian Gulf country’s neighbors.
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Craig Stephen's This Week in China: China’s MSCI reality check is too big to ignore

In recent weeks, the debate on China has centered on the idea that it is “too big to be ignored,” but Craig Stephen says it’s time to look past China’s size and instead consider its questionable fundamentals.
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The Wall Street Journal: Legend Holdings plans $1.96 billion IPO in Hong Kong

Legend Holdings Corp., the largest shareholder in personal-computer maker Lenovo Group Ltd. , aims to raise as much as $1.96 billion in an initial public offering in Hong Kong, in what could be the third-largest IPO in the city this year, according to The Wall Street Journal.
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The Wall Street Journal: EU-Greece talks on debt, bailout fail to bridge gap

Negotiations this weekend between Greece and the European Commission failed to bridge remaining gaps and the issue of the Greek bailout will now be put into the hands of eurozone finance ministers, a commission spokeswoman said Sunday.
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