| | | NEW YORK/SAN FRANCISCO (Reuters) - Twitter Inc shares rose 73 percent in a frenzied trading debut that drove the seven-year-old company's value to $25 billion and evoked the heady days of the dot-com bubble. | | | | | | LOS ANGELES (Reuters) - Walt Disney Co reported higher profit for the quarter that ended in September, lifted by increased spending from summer visitors at its U.S. theme parks and a rise in sales of toys and other consumer products. | | | | | | | WASHINGTON (Reuters) - U.S. economic growth accelerated in the third quarter as businesses restocked shelves, but the slowest expansion in consumer spending in two years suggested an underlying loss of momentum. | | | | | | | FRANKFURT (Reuters) - The European Central Bank cut interest rates to a record low on Thursday and said it could take them lower still to prevent the euro zone's recovery from stalling as inflation tumbles. | | | | | | | WASHINGTON (Reuters) - Government-run Fannie Mae and Freddie Mac, America's biggest providers of housing finance, will send $39.0 billion to the U.S. Treasury in December, leaving them within a hair of covering the cost of their 2008 bailout. | | | | | | | NEW YORK (Reuters) - Frenzied buying in Twitter shares grabbed Wall Street's attention on Thursday, as the social media stock surged well above expectations, while major indexes fell, with the S&P 500 suffering its worst daily decline since August. | | | | | | | (Reuters) - IBM's Chief Financial Officer Mark Loughridge is retiring at the end of the year after almost a decade on the job as the technology services provider struggles with declining revenue and weakness in emerging markets. | | | | | | | (Reuters) - Groupon Inc's third-quarter profit beat analysts' estimates as the world's largest daily deals company reported strong growth in North America. | | | | | | WASHINGTON (Reuters) - U.S. consumer credit rose more than expected in September but credit card usage fell for a fourth straight month, which could help shed some light on the slowdown in consumer spending during the third quarter. | | | | (Reuters) - Hedge fund Eminence Capital LLC on Thursday said it has a nearly 10 percent stake in Men's Wearhouse Inc , making it the retailer's largest shareholder, and said the company should start talks with Jos. A. Bank Clothiers Inc , which last month announced an unsolicited bid for its larger rival. | | | | | | | 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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