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Tuesday, April 15, 2014

Daily Investor Briefing: Wall Street gets lift from Coca-Cola;...

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04/15/2014
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Wall Street gets lift from Coca-Cola; Nasdaq lags
NEW YORK (Reuters) - Stocks ended higher after a volatile session on Tuesday, lifted by gains in Coca-Cola and Johnson & Johnson, though weakness in Apple, Tesla and Netflix limited the Nasdaq's advance.
Yahoo reports modest revenue growth in first quarter
SAN FRANCISCO (Reuters) - Yahoo Inc reported modest revenue growth in the first three months of the year, as the Internet company stemmed a long-running decline in its display ad business.
Intel's first-quarter net profit falls but beats Street
SAN FRANCISCO (Reuters) - Intel Corp's first-quarter net profit fell, but beat Wall Street's estimates as the chipmaker wrestles with shrinking demand for personal computers.
Rising food, housing costs push up U.S. inflation
WASHINGTON (Reuters) - U.S. consumer prices firmed a bit in March, as food and housing rental costs rose in a possible sign that a disinflationary trend had run its course.
Coca-Cola sales beat estimates as China volumes soar
(Reuters) - Coca-Cola Co reported better-than-expected quarterly revenue as it ramped up spending on marketing and advertising, boosting sales in emerging markets such as China.
GM to launch new product development group focused on safety
NEW YORK (Reuters) - General Motors will create a new "global product integrity" organization that will focus on product safety and quality, said GM Chief Executive Mary Barra in a speech on Tuesday.
Exclusive: Turmoil at Symantec luring activists, buyers - sources
NEW YORK (Reuters) - The abrupt firing of Symantec Corp Chief Executive Steve Bennett last month is attracting activist investors and private equity firms to the U.S. security software maker, in a development that could potentially lead to its breakup or sale, sources familiar with the situation said.
New York court advances lawsuit against Martha Stewart Living on pet products
NEW YORK (Reuters) - A lawsuit claiming Martha Stewart Living Omnimedia Inc tried to undercut a business partner's relationship with pet products retailer PetSmart Inc can proceed, a New York state judge ruled on Monday.
Scarce land could blunt recovery for U.S. homebuilders
(Reuters) - A resurgent U.S. housing market has created an unforeseen land shortage that could take the shine off an otherwise promising year for homebuilders.
One current, two former Bridgestone executives indicted for price-fixing
WASHINGTON (Reuters) - One Bridgestone Corp executive and two former officials from the company were indicted Tuesday for conspiring to fix the prices of certain automotive parts, the Justice Department said on Tuesday.
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