| | IBM revenue falls short of expectations, shares fall | (Reuters) - International Business Machines Corp, the world's largest technology services company, reported its seventh straight quarterly decline in revenue that also fell short of estimates, hurt by lower demand for its services and hardware. | | | | | S&P and Nasdaq rise; Dow off on earnings | NEW YORK (Reuters) - U.S. stocks mostly rose on Tuesday boosted by commodity-related stocks, though the price-weighted Dow industrials fell on disappointing earnings from three of its components. | | | | | | Peltz to join Mondelez board, ends push for PepsiCo deal | (Reuters) - Mondelez International Inc , maker of Cadbury chocolate and Oreo cookies, on Tuesday added activist investor Nelson Peltz to its board in a compromise agreement that ends his campaign to have PepsiCo Inc take over the company. | | | | | | Secret Service probes link between border arrests, Target data breach | WASHINGTON (Reuters) - The U.S. Secret Service said on Tuesday it was checking for links between the recent hacking of consumer data from Target Corp and the weekend arrest of two Mexicans who tried to enter the United States at a Texas border crossing with a cache of fraudulent credit cards. | | | | | | Verizon revenue climbs on sturdy mobile growth | NEW YORK (Reuters) - Verizon Communications Inc reported faster subscriber growth and stronger profits than expected at its Verizon Wireless venture with Vodafone Group Plc, easing some concerns about intensifying competition if only temporarily. | | | | | | Mohamed El-Erian resigns from Pimco, to stay on at Allianz | FRANKFURT (Reuters) - Allianz late on Tuesday said Mohamed El-Erian, Chief Executive Officer at its asset management unit Pacific Investment Management Company (PIMCO), has resigned, but would stay on the Allianz International Executive Committee. | | | | | | | | 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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