Ode To Capitalism

WSJ Markets

• Talbots Deal Falls Apart; Shares Plunge 41%
  Shares of Talbots slumped Friday as the women's retailer was left looking for a new suitor after Sycamore Partners opted not to pursue a takeover.
• Tourists Also Tell Greece No
  Greek-vacation bookings from Germany and the rest of Europe are down sharply, as would-be tourists take fright at the prospect of strikes and street protests.
• U.S. Steers Clear of Yuan Labeling
  Obama administration officials said China's currency remains "significantly undervalued" but again didn't label Beijing a currency manipulator in a semiannual report to Congress.
• Euro Retreats, Again, Against Dollar
  The euro weakened for a fourth day against the dollar amid concerns about a potential Greek exit from the currency.
• Could Computers Protect the Market From Computers?
  Financial markets have grown too dispersed and complex for humans to monitor. Here's one possible solution.