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Tuesday, October 15, 2013

Business Today: Yahoo net revenue down slightly in third quarter

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10/15/2013
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
Yahoo net revenue down slightly in third quarter
SAN FRANCISCO (Reuters) - Yahoo Inc's net revenue dipped slightly in the third quarter as prices for its display ads remained under pressure.
Wall Street ends down with debt deal elusive; Intel up late
NEW YORK (Reuters) - U.S. stocks fell in a volatile session on Tuesday as the impasse over the debt ceiling in Washington continued with no sign of progress towards a resolution.
Intel third-quarter results beat expectations
SAN FRANCISCO (Reuters) - Intel Corp's third-quarter results beat expectations on Tuesday, but its current-quarter revenue outlook fell short as the chipmaker's core personal computer market continued to struggle.
Insight: Three years on, Fed keeps BoA-Merrill waiting on commodity trade
NEW YORK (Reuters) - In May 2010, one of Wall Street's biggest banks went to the Federal Reserve with a seemingly straightforward request: permission to expand its physical commodity operations through specialized power contracts.
U.S. jobs market poised for improvement: Fed study
(Reuters) - The U.S. jobless rate is set to drop further and possibly faster over the coming six months, according to research published Tuesday by the Federal Reserve Bank of San Francisco.
Citigroup results hit by bond trading slowdown
(Reuters) - Citigroup Inc posted weaker-than-expected third-quarter earnings on Tuesday as bond market trading volume dropped, hurting revenue at the No. 3 U.S. bank and across Wall Street.
Coca-Cola reports higher profit, sticks by long-term goal
(Reuters) - Coca-Cola Co on Tuesday reported a higher quarterly profit and said it was on track to achieve its goal of doubling its 2010 "system revenue," which includes its sales and those of its bottlers, by 2020.
China milk powder crackdown is tough medicine for doctors, sales representatives
SHANGHAI (Reuters) - A crackdown on corruption in China's infant milk formula sector has made sales representatives and hospital doctors fearful of talking to each other, putting a brake on marketing and possibly hitting revenue growth for foreign firms.
Regulation leads to exchange regionalisation: NYSE Euronext official
LONDON (Reuters) - Diverging regulation of financial markets will lead to a regionalisation of cash markets and make future consolidation between U.S. and European exchanges unlikely, the Executive Vice President of NYSE Euronext said on Tuesday.
Wal-Mart trims overseas growth, adds small U.S. stores
(Reuters) - Wal-Mart Stores Inc is taking a number of steps, from closing poorly performing stores in Brazil and China to opening more smaller U.S. stores than larger ones, as it moves to improve results in the face of difficult conditions worldwide.
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