Lead Editor: Sean McMahon

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SmartBrief brings you all the latest news from every corner of the financial services sector. When you need more intel about how market trends and policymakers are going to affect you and your business, SmartBrief has you covered.

Lockheed Martin F-35B

Lockheed boosts bottom line as pension liability drops


  • Reuters

Reduced pension liability allowed Lockheed Martin's profit to increase 3.5% in the second quarter compared with Q2 of 2013. The company is transitioning some non-union employees to a contribution reti… Read More

Malls surprise with strong performance, says CBRE exec



Mall companies are performing surprisingly well despite negative sentiment about the sector, said T. Ritson Ferguson, CEO and CIO of CBRE Clarion Securities. Meanwhile, the hotel sector is underapprec… Read More

Widodo is declared winner in Indonesia, but opponent disputes result


  • Bloomberg

Jakarta Gov. Joko Widodo has officially been declared the winner of Indonesia's presidential election, but his opponent, Prabowo Subianto, is refusing to concede. Prabowo maintains ballot fraud skewed… Read More

VCs eye parking startups


  • GigaOm

Venture capital is finding its way to startups focused the booking of parking spots in cities across the country. ParkWhiz, which recently raised $10 million, claims partnerships with garages, lots an… Read More

Crews fighting Wash. wildfire face concerns over wind gusts


  • Insurance Journal

Wind-blown sparks and hot weather are posing difficulties for fighting a wildfire in Washington state, officials said. The fire, which began last week, reportedly has destroyed at least 150 structures… Read More

Simplification central to Citizens' strategy


  • Forbes

Citizens Financial Group's consolidation of branding and elimination of certain overdraft fees have come in response to consumers' desire for "their banking to be simple," said Arturo Perez, chief mar… Read More