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Verizon set to buy Yahoo's internet business for $4.8 bn

Reported by newKerala.com
New York, July 25 : Verizon Communications, the largest US wireless communications service provider, was set to acquire Yahoo's ailing core internet business for about $4.8 billion with the opening of the US stock market on Monday. »more

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DEMOCRATIC NATIONAL CONVENTION
DONALD TRUMP
DONNA KARAN
EARNINGS
FLORIDA
MARISSA MAYER
NINTENDO
PHILIP GREEN
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News video: Business 7-24-16
Business 7-24-16

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News video: Opening Bell: Stocks Slip on Earnings Worries; Housing Starts Jump
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News video: Yahoo CEO Marissa Mayer on Verizon Deal, Her Future
Yahoo CEO Marissa Mayer on Verizon Deal, Her Future 09:03

News video: Nintendo's Stock Falls After Pokemon GO Revelation
Nintendo's Stock Falls After Pokemon GO Revelation 00:49

News video: Philip Green should 'sign a huge cheque'
Philip Green should 'sign a huge cheque' 01:02

 
BUSINESS »
Auckland business heading south to Queenstown   Natwest warns it may charge businesses to hold deposits   BBC World News business headlines   Car hobby now a thriving business   Woolworths kills off family business   Amazon to enter student loan business  

Why one of the biggest concerns about Facebook's business could be totally overblown

Why one of the biggest concerns about Facebook's business could be totally overblown
Morgan Stanley analyst Brian Nowak thinks that concerns about Snapchat's threat to Facebook are overblown.

"We don't believe Snapchat is having a material impact on FB’s engagement or daily active user (DAU) growth," he writes in a note to investors on Monday. 

Nowak says..
Business Insider

 
FLORIDA »

Louisville business founded in 1911 sold to Florida company

A more than century-old Louisville company acquired by a Florida manufacturer plans to increase its offerings and expand its local workforce after the deal. Louisville Plate Glass Inc. announced Monday that the Miramar, Fla.-based Aldora Aluminum and Glass Products has acquired the Louisville-based..
bizjournals

 
DEMOCRATIC NATIONAL CONVENTION »

Ige attending Democratic National Convention as superdelegate

Hawaii Gov. David Ige and First Lady Dawn Amano-Ige are at the Democratic National Convention in Philadelphia which gets underway Monday and continues through Thursday. As governor, Ige is a superdelegate with the state's Democratic Party. He is scheduled to return to Hawaii on Friday, his office..
bizjournals

 
EARNINGS »
Wall St down as earnings home run awaited   Apple earnings: Steady results amid weak iPhone demand may be the best hope   Earnings worries lead US stocks lower   American Airlines' earnings are a sign of problems in the economy (AAL)   Warren Buffett: Earnings guidance can lead to corporate malpractice   GM beats on earnings (GM)  

Apple earnings: Steady results amid weak iPhone demand may be the best hope

Apple earnings: Steady results amid weak iPhone demand may be the best hope
When Apple delivers its next business update Tuesday, there's a sense that just hanging in there might be enough to call the last three months a success.
San Jose Mercury News

 
NINTENDO »
Papers - Pokemon Stop, Nintendo says earnings contribution limited
After soaring over the previous two weeks, shares in Nintendo plunged Monday following a company warning that the smash-hit smartphone game “Pokémon Go” would make a limited contribution to its earnings, said the Washington Post. Nintendo shares ended down by 18%, the maximum permitted amount...
Proactive Investors

 
DONNA KARAN »
Donna Karan's DKNY brands head back to New York
The DKNY fashion brand is heading back to New York, where designer Donna Karan founded the clothing company, after being sold by its French owners.
BBC News

 
DONALD TRUMP »
Deutsche Bank's stock market outlook could be really good news for Donald Trump (SPX, SPY)
Deutsche Bank's David Bianco thinks the next move for the S&P 500 is a 5% to 9% decline. 

And this could be really good news for Donald Trump. 

In a note to clients out Saturday, Bianco said a 5% to 9% decline in the benchmark stock index is likely ahead of the election,..
Business Insider

 
PHILIP GREEN »
BHS: Philip Green demands 'immediate apology' from Frank Field
Former BHS owner Sir Philip Green demands an "immediate apology" from MP Frank Field for comments he made about his running of the collapsed retailer.
BBC News

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