Market News Headlines

UPDATE 2-Kazakhstan to buy ConocoPhillips stake in Kashagan oilfield

* KazMunaiGas to buy 8.4 pct stake on behalf of Kazakh state

1:03pm EDT

REFILE-RESEARCH ALERT-Ply Gem: BB&T Capital Markets starts with buy

July 2 - July 2 - Ply Gem Holdings Inc : * BB&T Capital Markets starts with buy, price target $25 For a summary of rating and price target changes on U.S. companies: Reuters Eikon users, click on Reuters 3000Xtra users, double-click Reuters Station users, click .1568 For a summary of rating and price target changes on Canadian companies: Reuters Eikon users, click on Reuters 3000Xtra users, double-click Reuters Station users, click .4899

Stocks, Markets 12:26pm EDT

UPDATE 2-American Realty seeks No.2 spot in net leases with $3.1 bln buy

* ARCT shareholders to get $30/share in cash or 2.05 shares of ARCP

UPDATE 1-American Greetings founding family sweetens go-private offer

July 2 - American Greetings Corp's founding family raised for the third time its offer to take the gift card maker private, sending the company's shares up 5 percent in early trading.

Stocks, M&A, Markets 10:19am EDT

TABLE-U.S. May factory orders up 2.1 pct

July 2 - U.S. Commerce Department seasonally adjusted data on U.S. factory orders, shipments and unfilled orders. ORDERS-PCT CHANGES: May April March New Orders 2.1 1.3 -4.7 Ex-Transportation 0.6 0.2 -2.8 Ex-Defense 2.0 0.8 -4.0 Manufacturing with unfilled orders 5.0 4.8 -8.0 Durables 3.7 3.6 -5.9 Primary Metals 0.8 2.3

10:00am EDT

IRS claim may force ADT to share Tyco's tax liabilities

July 2 - Security services provider ADT Corp said it may have to contribute to a tax bill faced by former parent Tyco International Ltd if the total amount assessed by the IRS exceeds $1.85 billion.

Deals of the day -- mergers and acquisitions

July 2 - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Tuesday:

BRIEF-Volkswagen says VW brand U.S. car sales fall 3.2 PCT in June

FRANKFURT, July 2 - VW : * Says VW brand U.S. car sales fall 3.2 percent in June to 36,957 vehicles

Stocks, Markets, Earnings 9:40am EDT

Canadian manufacturing PMI growth eases in June

TORONTO, July 2 - Canada's manufacturing growth slowed in June, pulling back from a sharp gain in May, suggesting that sluggish global demand is still weighing on the country's export-oriented economy.

RPT-Fitch: U.S. Student Loan ABS Can Withstand the College Tuition Bubble

July 2 - (The following statement was released by the rating agency)

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McCain, Biden coming together for Sedona, Arizona forum

These days Washington is not known for bipartisanship, but every now and then a breakthrough is made. It is noteworthy that Vice President Joe Biden, a Democrat, and Senator John McCain, a Republican, are appearing together at a forum in Sedona, Arizona on Friday.