Jul. 23, 2010 (Xinhua News Agency) -- XH China H1 new RMB loans to real estate industry hit RMB1.38 trln, central bank
Microsoft Corp. (NASDAQ: MSFT): Standard & Poor Equity Research on Wednesday downgraded its rating to Hold from Buy and lowered its price target from $35 to $31.
Macy's Inc. (NYSE: M) reported Wednesday that its fiscal second-quarter profit jumped, helped by higher-than-expected sales, improved margins, a reduced expense rate and disciplined inventory management.
Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) said late Tuesday that Italian coffee maker Luigi Lavazza S.p.A agreed to buy 7% of its common stock for $250 million.
Cisco Systems, Inc. (NASDAQ: CSCO) is scheduled to release its fiscal fourth-quarter earnings after the closing bell on Wednesday, August 11, 2010.
After the closing bell on Tuesday, Standard & Poor's s announced that it has placed its ratings for Verizon Communications Inc. (NYSE: VZ) on negative credit watch due of its limited ability to reduce debt and increase earnings sufficiently this year to reach a desirable debt ratio.
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