CNNMoney: Permits to build new homes slump 3.2% and new home construction drops 1.5% in July, the government says.

MarketWatch: U.S. housing starts fall 1.5% in July as building permits drop; June figures revised lower

Zerohedge: US Housing Starts (Jul) M/M 604K vs. Exp. 600K (Prev. 629K)

Reuters: Qantas overhauls with $9 billion fleet order, 2 new airlines

Reuters: Smucker moves first to cut Folgers coffee prices

Yahoo! Finance: Overseas strength lifts Wal-Mart 2Q profit 5.7 pct http://t.co/4EWzmt1 $WMT

Yahoo! Finance: Credit card delinquencies mostly improve in July

WSJ: Manchester United is planning to raise about $1 billion from a Singapore IPO

Bloomberg: Europe Q2 expansion slows more than forecast |

Douglas A. McIntyre