Philip Morriss stock touches record high as outlook tops Wall Street estimates MarketWatch

Follow all the latest U.S. market action for Wednesday here as the U.S. Bureau of Labor Statistics releases July's consumer price index.

With Apple officially retiring its net-cash-neutral target, some suspect the company will look to conduct more transformative M&A, beyond the smaller deals it made in the past

Steven Goldstein is based in London and responsible for MarketWatch's coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington b……