It's not every day that you see a billionaire in tears, but hedge fund manager Bill Ackman got choked up Tuesday as he spoke about Herbalife -- the nutritional supplement company that he's been waging a war against for about two years.
... * Highest subscriber adds in internet business in 6 yrs. * Cable communications business rev up 5.4 pct. * NBC Universal revenue misses, but profit boosts.
SIFI, of course, is the acronym for "systemically important financial institution," the regulatory designation for banks and other financial institutions that require extra measures of supervisory scrutiny.
Solid earnings for a range of big companies helped nudge the stock market higher on Tuesday. The restaurant chain Chipotle and the cable giant Comcast surged after reporting better results than Wall Street expected.
There was no one opening happiness at Coca-Cola early Tuesday as its stock dropped more than 3% in afternoon trading after the soft drink giant's second quarter results fell below Wall Street estimates.