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Tuesday, October 21, 2014

Business Today: Chipotle, Coca-Cola among biggest premarket movers

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Chipotle, Coca-Cola among biggest premarket movers
NEW YORK (Reuters) - Coca-Cola Co and Chipotle Mexican Grill were among the most active names of Tuesday's premarket session, with both stocks falling on heavy volume.
Total CEO de Margerie killed in Moscow as jet hits snow plow
MOSCOW (Reuters) - The chief executive of French oil major Total, Christophe de Margerie, was killed when his private jet collided with a snow plow as it was taking off from Moscow's Vnukovo airport on Monday night.
Coca-Cola Co profit falls; company expands cost-cutting
(Reuters) - Coca-Cola Co said on Tuesday that its quarterly profit fell 14 percent as sales of carbonated beverage volumes in North America declined.
Staples says probing possible payment card data breach
(Reuters) - Staples Inc is investigating a possible breach of payment card data and has contacted law enforcement about the matter, making it the latest U.S. retailer to become a possible victim of a cyberattack.
EU fines JPMorgan, UBS, Credit Suisse total $120 million
BRUSSELS (Reuters) - The European Commission fined JPMorgan , UBS and Credit Suisse a total of 94 million euros ($120 million) on Tuesday for taking part in cartels in the financial sector.
McDonald's quarterly profit falls 30 percent
(Reuters) - McDonald's Corp reported a 30 percent fall in quarterly profit, hurt by a food scandal in China and intense competition in the United States.
Verizon posts higher revenue, falls short of profit estimates
WASHINGTON (Reuters) - Verizon Communications Inc on Tuesday posted lower-than-expected quarterly earnings, but revenue rose as it added customers to its wireless business.
Apple's iPhone sales beat Street but iPad volumes slide
SAN FRANCISCO (Reuters) - Apple Inc forecast a strong holiday quarter after a better-than-expected 16 percent jump in iPhone sales, and the strongest growth in Mac computer shipments in years helped the company surpass Wall Street's targets.
Apple seen riding higher on strong iPhone demand, iPad rebound
(Reuters) - Strong global demand for Apple Inc's iPhone 6 will drive revenue growth through 2015, while updated models should help reverse three straight quarters of declining iPad sales, analysts said.
Kinder Morgan Canada pipeline plans hits a mountain of opposition
VANCOUVER (Reuters) - A Western Canadian pipeline once seen as the best near-term hope for sending more of the country's controversial tar sands crude to Asia has hit another snag: aboriginal communities intent on using the courts to block the proposed expansion.
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