The Other Side of Life 24/7: Daily Investor Briefing: Netflix profit more than doubles...

Monday, July 21, 2014

Daily Investor Briefing: Netflix profit more than doubles...

Click to View in Browser

07/21/2014

Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between

Netflix profit more than doubles

LOS ANGELES (Reuters) - Netflix Inc's quarterly profit more than doubled, boosted by the addition of 1.12 million customers to its international movie and TV streaming services.

Wall St. ends lower on Ukraine, Gaza worry

NEW YORK (Reuters) - Stocks fell on Monday, though major indexes ended well off their lows, as investors remained cautious amid ongoing instability in Ukraine and Gaza.

Yum, McDonald's apologize as new China food scandal hits

SHANGHAI/LOS ANGELES (Reuters) - Yum Brands Inc YUM.N and McDonald's Corp MCD.N are facing a new food safety scare in China, denting the fast-food companies' efforts to shore up reputations and businesses that were hurt by a 2012 safety scandal in one of their biggest markets.

Coke yearns for higher margins to tempt franchisees

NEW YORK (Reuters) - Coca-Cola Co may have annual profits of about $9.3 billion, but that princely sum could fall short of what the world's largest soda maker needs to tempt would-be franchisees into taking over more of its regional bottling operations.

Halliburton signals North America demand recovery after two years

(Reuters) - Halliburton Co , North America's top oilfield services provider, said it would add fracking equipment and crew to take advantage of higher demand in the region, signaling an industry-wide recovery after a two-year slump.

CBS Outdoor buys Van Wagner billboard unit for $690 million

(Reuters) - CBS Outdoor Americas Inc said Monday it would buy the billboard business from Van Wagner Communications, a privately held company with outdoor advertising in New York's Times Square and on buses on the Las Vegas strip, for $690 million in cash.

Barclays' dark pool trading volume falls after lawsuit

NEW YORK/LONDON (Reuters) - Trading activity has slumped in Barclays Plc's BARC.L U.S. share trading venue after New York's attorney general accused the British bank of misleading its customers and giving an unfair edge to high-speed traders.

Colombia growers see Miami cafe helping revive Juan Valdez brand

MIAMI (Reuters) - Colombian coffee growers, long represented by a fictional farmer named Juan Valdez with a mustache and wide-brimmed hat, opened a namesake coffee shop in downtown Miami on Monday, hoping to re-establish the brand in the high-end U.S. coffee market.

Tiffany CEO Kowalski to retire, president Cumenal to take over

(Reuters) - Upscale jeweler Tiffany & Co said Michael Kowalski, its chief executive of 15 years, would retire next year and President Frederic Cumenal would succeed him.

Opel Vauxhall to woo budget clients with low-end cars: source

FRANKFURT (Reuters) - Opel plans to build a range of entry-level cars to recapture the type of budget customer who in the past bought its Chevrolet brand, a person familiar with the matter said on Monday.