Coca-Cola announces growth plan as profit falls 14 percent
(Reuters) – Coca-Cola Co on Tuesday announced new cost-cutting measures and a timeline for selling its bottling operations after its quarterly profit slumped 14 percent and the world’s largest beverage maker struggles to find growth amid a soft market …
Total CEO de Margerie killed in Moscow as jet hits snow plow
MOSCOW/PARIS (Reuters) – Christophe de Margerie, the charismatic and outspoken chief executive of the French oil company Total , was killed when his private jet hit a snow plow as it was taking off from Moscow’s Vnukovo airport on Monday night.
U.S. existing home sales at one-year high, prices up
WASHINGTON (Reuters) – U.S. home resales raced to a one-year high in September, the latest indication the housing market recovery is gradually getting back on track.
U.S. Fed awards record amount of term deposits
NEW YORK (Reuters) – The Federal Reserve awarded a record amount of seven-day term deposits to banks at a test auction held on Monday, it said in a statement on Tuesday.
Total’s ‘Big Mustache’- bon vivant, deal-maker and risk-taker
PARIS (Reuters) – Christophe de Margerie, the head of French oil and gas giant Total who died when his jet crashed in Moscow, was a gregarious bon vivant with a passion for risk-taking and deal-making.
EU fines JPMorgan, UBS, Credit Suisse for taking part in cartels
BRUSSELS (Reuters) – JPMorgan , UBS and Credit Suisse were fined a total of 94 million euros ($120 million) by the European Commission for taking part in cartels in the financial sector.
NY Fed spotted JPMorgan ‘Whale’ risks four years before scandal: report
WASHINGTON (Reuters) – The New York Federal Reserve knew about risks J.P. Morgan faced from certain credit derivative exposure as early as 2008, but failed to act properly to head them off, the central bank’s inspector general said on Tuesday.
Verizon posts higher revenue, falls short of profit estimates
WASHINGTON (Reuters) – Verizon Communications Inc on Tuesday posted lower-than-expected quarterly earnings, but revenue rose as it added customers to its wireless business.
Apple seen riding higher on strong iPhone demand, iPad rebound
(Reuters) – Strong global demand for Apple Inc’s iPhone 6 will drive revenue growth through 2015, while updated models should help reverse three straight quarters of declining iPad sales, analysts said.
Harley-Davidson results top view, outlook unchanged
(Reuters) – Harley-Davidson Inc reported stronger-than-expected quarterly financial results on Tuesday, lifted by increased motorcycle sales in key markets, including the United States.
