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U.S. markets news

Existing home sales hit fastest pace since Oct.
Existing home sales showed more vigor last month, climbing to their fastest annual pace since October, the National Association of Realtors said Tuesday.
Sales of Existing Homes in US Rise to an Eight-Month High  Businessweek
Existing-Home Sales Hit Highest Level Since October  Wall Street Journal
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Chinese Not Lovin' Latest Food Scare Affecting Fast Food Outlets
McNuggets and other popular items are disappearing from menus at McDonalds, KFC and other fast food restaurants in China after a major supplier of beef, chicken and pork was shut down for allegedly violating numerous safety regulations, including mixing ...
China to Check Eateries Sourcing Meat From Yum's Vendor  Bloomberg
Worries Over Meat Supplier Spread to Japan  Wall Street Journal
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Financial Lessons From � the Motor City
The next time someone tells you we will never fix bloated public pensions in this country, tell them about Detroit. Tell them about how workers and retirees there just approved a 4.5% cut in their pensions.
Detroit Gets 15-Day Reprieve from Water Shutoff  The Nonprofit Quarterly
Detroit Agrees to Pension Cuts. Allowing Bankruptcy Case to Move Forward  The Wire
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Comcast profit jumps 15%, fueled by Internet service growth
Comcast's movie studio Universal Pictures was particularly pleased with the performance of the movie "Neighbors," starring Zac Efron, left) Seth Rogan, center, and Rose Byrne, which was released in May, during the second fiscal quarter and exceeded ...
UPDATE 2-Comcast profit boosted by internet subscriber growth, NBC  Reuters
Comcast Reports 2nd Quarter 2014 Results  Businessweek
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Coca-Cola Profits Slip As Too Few 'Share A Coke'
First, Coca-Cola said you could make soda yourself. Then it put your name on the bottle. The tricks delighted, but weren't enough to deliver an earnings beat.
Coca-Cola profits fall on flat soda sales  Financial Times
Why Coca-Cola (KO) Stock Is Sinking Today  TheStreet.com
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Wall Street to rise on earnings, tame inflation data
NEW YORK (Reuters) - U.S. stock index futures rose on Tuesday as a cascade of earnings landed and inflation data was tame, while hopes rose for an easing of tensions in Ukraine.
US STOCKS-Wall Street to rise on earnings, tame inflation data  Reuters UK
US stocks drop, eyes on Gaza and Ukraine  Ninemsn
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Consumer prices rose 0.3% in June on big jump in gas costs
Lance Thompson pumps gas at a Love's station in St. Joseph, Mo. on July 1. (Sait Serkan Gurbuz, AP). By Jim Puzzanghera contact the reporter · Economy, Business and FinancePetroleum IndustryInflation and DeflationMarket and ExchangeMoney and ...
US consumer inflation rises on high gasoline prices  Reuters
Dollar Rises After US Inflation Data  Wall Street Journal
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Herbalife Says Analysis Shows Business Isn't Pyramid Scheme
Herbalife Ltd. (HLF), defending itself against an attack by hedge-fund manager Bill Ackman, released results from an economic analysis showing that it's not a pyramid scheme as Ackman asserts.
Prominent Expert Economist and Former FTC Advisor Provides Analysis of the ...  MarketWatch
Ackman's bark is worse than his bite: Herbalife CFO John DeSimone  CNBC.com
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'Game' Allowed Hedge Funds 10X Leverage, Says Senate
Barclays Managing Director Martin Malloy, Deutsche Bank Securities Managing Director Satish Ramakrishna and Renaissance Technologies co-CEO and co-president Peter Brown are amongst the witnesses called upon to testify today at a hearing in the ...
The Solution To The Senate's Report On Hedge Funds Tax Dodging Billions  Forbes
Senate Report: Tax Move Helped Hedge Funds Save Billions  Wall Street Journal
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Verizon revenue rises steadily, driven by wireless service growth
Record numbers of new tablet users, and the first rise in fixed-line revenue in seven years, drove Verizon Communications' second-quarter revenue up 5.7 percent year on year, it reported Tuesday.
3 key earnings bright spots for Verizon: Analyst  CNBC.com
Verizon's FiOS revenues rise 14.4% to $3.1B on strong broadband, video adds  FierceTelecom
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