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U.S. markets news

Coca-Cola Steps Up Cost-Cutting Plan After Sales Miss Estimates
Coca-Cola Co. (KO), the world's largest beverage company, embarked on a plan to cut $3 billion in annual expenses by 2019 after a global slump in sales volume caused revenue to miss analysts' estimates.
Coke profit falls as soda volumes remain flat  MarketWatch
Coke profit, revenue fall on flat soda market  Businessweek
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McDonald's Profit Falls 30% on US, China Woes
McDonald's has focused on improving staffing at busy times and emphasizing its breakfast and coffee offerings as it has lost traction with a key group of consumers.
McDonald's 3Q Profit Drops 30% as US Sales Fall  Bloomberg
McDonald's lays out fix for deepening sales decline  Fortune
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Staples investigating possible credit card data breach
Staples is investigating a possible breach of payment card data and has contacted law enforcement about the matter, making it the latest US retailer to become a possible victim of a cyberattack.
Staples: Police investigating possible data breach  Newsday
Staples May be Latest Payment Systems Hacking Victim  OzarksFirst.com
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China's implied oil demand hits seven-month top in Sept
BEIJING (Reuters) - China's implied oil demand in September jumped 6.2 percent from levels seen in August to hit a seven-month peak, as crude runs soared to their second highest point this year.
Oil Prices Rise on Chinese Data  Wall Street Journal
Oil prices make the story  Christian Science Monitor
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China's Slowdown Raises Pressure on Beijing to Spur Growth
BEIJING�China's economic slowdown is widely expected to continue into next year, increasing pressure on Beijing to take more powerful measures to spur growth and to proceed slowly on their pledge to fundamentally reform the economy.
China Growth Party Over, But Large Investors Soldier On  Forbes
China's Sept. fiscal spending quickens, land revenues fall  Reuters
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Osborne on Course to Miss Borrowing Target as UK Deficit Climbs
Chancellor of the Exchequer George Osborne had been predicting about 7 percent more income tax this year. Between April and September, it rose just 0.1 percent, while NICs increased 1 percent.
Public borrowing rises to �11.8bn in September  BBC News
More bad news for Osborne as borrowing rises 10%  The Times (subscription)
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Verizon Misses Profit Estimates as Device Discounts Trim Margins
Verizon Communications Inc. (VZ), the largest U.S. wireless carrier, missed profit estimates as more new subscribers took advantage of discounts on devices.
Verizon misses Q3 expectations as it shirks off rival promotional offers  CNET
Verizon misses Street 3Q forecasts  Chron.com
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Italian Bonds Rally as Higher Yields Entice Buyers
Italian government bonds rose as yields near a two-month high following a selloff in the past week enticed investors back to securities that are supported by prospects of additional European Central Bank stimulus.
'No indication of turbulence' ahead of bank stress test  Deutsche Welle
ECB considers corporate bond-buying  Herald Sun
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Is The US Finally Accelerating A Move To Chip And Pin?
US President Barack Obama has signed an executive order demanding that US government bodies make the move move to chip and pin credit cards and terminals by January, replacing magnetic strip based technology.
Chip-and-PIN increases cybersecurity  The Hill (blog)
USA to adopt Chip and Pin credit & debit cards  TameBay
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United Technologies profit, sales rise
United Technologies Corp. said its sales rose 4.6% in the latest quarter, driven by higher equipment orders at its Otis elevator and other businesses.
United Technologies Q3 Profit Rises; Says Remains On Track To Deliver 2014 ...  NASDAQ
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