| | | NEW YORK (Reuters) - U.S. stocks rose on Tuesday, giving the S&P 500 its best two-day advance in a month as strong earnings from Johnson & Johnson, Goldman Sachs and other bellwether companies raised hopes for the rest of the U.S. reporting season. | | | | | | SAN FRANCISCO (Reuters) - Intel forecast gross margins for the current quarter below expectations in a PC industry fighting a weak global economy and a shift by consumers toward tablets and smartphones. | | | | | | | (Reuters) - IBM reported third-quarter revenue of $24.7 billion and net earnings of $3.9 billion as demand for its software services and tight cost management offset the effect of a stronger dollar on the technology and consulting company. | | | | | | | (Reuters) - Citigroup Inc's Vikram Pandit quit as chief executive on Tuesday after months of simmering tensions with the board - an abrupt change that surprised investors and employees of the third-largest U.S. bank. | | | | | | | WASHINGTON (Reuters) - The U.S. economy came under pressure from abroad in September as weak global demand appeared to hold back factory output and a surge in gasoline prices dented consumers' spending power, data showed on Tuesday. | | | | | | | HEMPSTEAD, New York (Reuters) - President Barack Obama's camp promised that the American public would see a more energized and visionary incumbent on Tuesday night as Obama tries to keep Republican challenger Mitt Romney at bay. | | | | | | | (Reuters) - Goldman Sachs Group Inc took less risk and earned less money from customers' trading last quarter, even as the Wall Street bank reaped big gains from the rising values of its stock and bond investments. | | | | | | | NEW YORK/MUMBAI (Reuters) - Auditing of U.S. corporations' financial books, a vital underpinning of investor confidence, increasingly relies on work carried out in India, where there is no clear system of oversight. | | | | | | That could be advice for corporate governance advocates who sought a separate vote on the lavish executive pay deal that was bundled in as part of the terms of the $33 billion merger between Glencore and Xstrata. | | | | (Reuters) - Merrill Lynch must pay $1.34 million to a Florida couple who alleged the brokerage misrepresented the risks of Fannie Mae preferred shares in 2009, when the housing finance company was on the brink of collapse, an arbitration panel ruled on Tuesday. | | | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | » MORE NEWSLETTERS | |
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