YAHOO REPORTS RISING REVENUE--3RD UPDATE
Yahoo Inc. reported a slight increase in revenue, helped in part
by growth in its mobile business, sending shares higher and easing
for now the pressure facing chief executive Marissa Mayer.
(published 2109 GMT Tuesday)
APPLE'S ICLOUD SERVICE UNDER ATTACK IN MAINLAND CHINA--UPDATE
Apple Inc.'s iCloud service for users in mainland China has been
hit by an attack that could allow perpetrators to intercept and see
usernames, passwords and other personal data, activists and
security analysts said. (published 1755 GMT Tuesday)
WALGREEN FACES INVESTOR PRESSURE OVER ALLEGATIONS IN EX-CFO'S SUIT -- 4TH UPDATE
An activist adviser for union pension funds is pressing Walgreen
Co. to postpone seeking shareholder approval of a major takeover
until directors investigate allegations raised by former Chief
Financial Officer Wade Miquelon in a defamation lawsuit. (published
0004 GMT)
AMAZON'S TAX DEAL IN LUXEMBOURG
Amazon.com Inc., whose tax arrangement with Luxembourg is being
investigated by the European Union, uses the tiny country as a
beachhead for its European operations and has a network of at least
10 Luxembourg units with about 1,000 employees in all. (published
0002 GMT)
UNISYS EARNINGS AND REVENUE TOP WALL STREET VIEWS
Unisys Corp. reported third-quarter earnings and revenue above
Wall Street expectations, citing growth in its services and
technology businesses and a higher gross margin. (published 2348
GMT Tuesday)
CHINESE FIRMS ON BUYING SPREE OF HONG KONG BROKERAGES
Chinese companies eager to establish a foothold in Hong Kong
before a widely anticipated stock-trading link between the city and
China opens this year are gobbling up small brokerages as never
before. (published 2130 GMT Tuesday)
WELLS FARGO BANKS ON EUROPEAN REAL ESTATE
Wells Fargo & Co., the largest U.S. commercial-property
lender, is pushing deeper into Europe amid worries about the
strength of the U.K. market and as eurozone countries slide toward
recession. (published 2328 GMT Tuesday)
TAKATA SHARES PLUNGE AFTER U.S. WARNING ON AIR BAGS
due either to a lack of parts or from owners failing to have
repairs made. (published 2326 GMT Tuesday)
INTUITIVE SURGICAL POSTS HIGHER REVENUE, BUT PROFIT DECLINES -- UPDATE
Intuitive Surgical Inc. said its third-quarter revenue rose 10%
as procedure volume and shipments of its da Vinci systems
increased, ending a string of year-over-year revenue declines.
(published 2314 GMT Tuesday)
ACE LTD. POSTS HIGHER OPERATING INCOME -- UPDATE
ACE Ltd. reported its third-quarter operating income rose 4%,
reflecting growth in underwriting income and investment income.
(published 2245 GMT Tuesday)
BHP BILLITON REPORTS HIGHER FIRST-QUARTER IRON-ORE OUTPUT
BHP Billiton Ltd. said it boosted iron-ore production in its
fiscal first quarter, as the world's No. 1 mining company drove its
operations harder in the face of falling commodity prices.
(published 2211 GMT Tuesday)
TARGET OFFERS FREE HOLIDAY SHIPPING
Target Corp. has a present for its online holiday shoppers: Free
shipping. (published 0000 GMT)
MOODY'S DOWNGRADES PETROBRAS RATINGS -- UPDATE
Moody's Investor's Service said Tuesday it downgraded Brazil's
state-controlled oil company Petroleo Brasileiro SA, or Petrobras,
to two levels above speculative debt based on the company's $170
billion in debt, falling oil prices and a weaker local currency.
(published 2101 GMT Tuesday)
GDF SUEZ BOARD APPOINTS ISABELLE KOCHER AS DEPUTY CEO
GDF Suez SA's board Tuesday appointed Chief Financial Officer
Isabelle Kocher as deputy chief executive, as it moves to prepare
the company for the departure of longtime leader GĂ©rard Mestrallet,
who will encounter age limits in 2016. (published 2258 GMT
Tuesday)