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  • Yelp turns profitable as small businesses drive growth Wednesday, 30 Jul 2014 | 4:16 PM ET

    July 30- Yelp Inc, the operator of consumer review website Yelp.com, reported its first profit as a public company as more small businesses advertised on its website and mobile app. The company reported a net income of $2.7 million, or 4 cents per share, in the second quarter ended June 30, compared with a loss of $878,000, or 1 cent per share, a year earlier.

  • *Keeps full-year adj profit forecast of $7- $7.25/ share. July 30- Energizer Holdings Inc said it intends to spin off by next July its struggling household products business, which includes Energizer and Eveready batteries.

  • July 30- Equity markets will see a decline at some point after rising for the past several years, former Federal Reserve chairman Alan Greenspan said in an interview on Bloomberg TV.

  • July 30- Goodyear Tire& Rubber Co, the biggest U.S. tire maker, reported lower-than-expected quarterly revenue as it sold fewer tires to vehicle makers in North America and Latin America. Goodyear shares fell as much as 8.8 percent $25.22, their biggest intraday percentage decline in nearly two years.

  • UPDATE 1-Twitter's surge revives valuation debate Wednesday, 30 Jul 2014 | 12:45 PM ET

    July 30- The surge in Twitter Inc's shares has revived debate about whether the stock warrants a valuation that is five times that of Facebook Inc, its biggest rival in social media. Twitter reported on Tuesday that its active users jumped 24 percent to 271 million in the second quarter.

  • Secretary of State John Kerry, who arrived in India on Wednesday for an official visit, has pressed New Delhi to drop its opposition to global trade reforms, saying it was a test of the country's commitment to advance economic liberalisation.

  • UPDATE 1-CME to buy GFI Group for energy and FX units Wednesday, 30 Jul 2014 | 10:51 AM ET

    July 30- CME Group Inc, the world's largest futures exchange operator, said on Wednesday it would buy derivatives broker GFI Group Inc to expand its reach in the European energy and global foreign exchange markets.

  • July 30- Goodyear Tire& Rubber Co, the biggest U.S. tire maker, reported lower-than-expected quarterly revenue as it sold fewer tires to automakers in North America and Latin America. Total replacement tire shipments, however, rose 6 percent, Goodyear said. Excluding items, Goodyear earned 80 cents per share.

  • Twitter's market value set to soar after strong results Wednesday, 30 Jul 2014 | 8:54 AM ET

    July 30- Shares of Twitter Inc were set to soar on Wednesday as surprisingly strong user growth eased investor concerns that the popularity of the micro-messaging site was waning. Twitter's user growth stagnated after it went public to much fanfare in November, leading to a management shake-up that included the exit of Chief Operating Officer Ali Rowghani.

  • Goodyear Tire profit up 18 pct Wednesday, 30 Jul 2014 | 8:41 AM ET

    July 30- Goodyear Tire& Rubber Co, the biggest U.S. tire maker, reported a higher quarterly profit on increased demand for replacement tires. Net income available to the company's shareholders increased about 18 percent to $213 million, or 76 cents per share, in the second quarter ended June 30, from $181 million, or 67 cents per share, a year earlier.

  • July 29- Chemical maker Huntsman Corp's quarterly profit more than doubled, driven by higher prices and increased demand for chemicals used in foam insulation and refrigeration. Huntsman, which bought Rockwood Holdings Inc's pigments business for $1.1 billion, said it expects to secure final approval for the deal by the end of the current quarter.

  • July 30- Rockwell Automation Inc, whose automated systems help factories run smoothly, reported a steeper-than-expected fall in quarterly profit, hurt by lower sales outside the United States and in its largest business.

  • July 30- Garmin Ltd reported second-quarter revenue and profit above analysts' expectations and raised its full-year forecast as demand soared for its GPS-based fitness products. Garmin shares were up about 7.5 percent at $61.89 in premarket trading. Garmin also raised its revenue forecast to $2.75- $2.85 billion, from $2.6- $2.7 billion.

  • July 30- Energizer Holdings Inc, known for its Energizer and Eveready batteries, reported a 26 percent fall in quarterly profit as household goods sales fell nearly 11 percent due to higher competition and the loss of two key retail customers.

  • July 30- Canada's Torstar Corp reported a 7 percent fall in revenue at its media business, which publishes the country's largest daily newspaper, the Toronto Star. Torstar, almost one-quarter owned by Prem Watsa's Fairfax Financial Holdings Ltd, said print advertising revenue was likely to remain under pressure for the rest of the year.

  • July 30- Oil and natural gas producer Hess Corp said it plans to form a publicly traded master limited partnership comprising its pipeline and storage assets in North Dakota's Bakken oil shale field. Hess said it expected the MLP to file a registration statement with the U.S. Securities and Exchange Commission in the fourth quarter.

  • Energizer profit falls as household goods sales plummet Wednesday, 30 Jul 2014 | 7:31 AM ET

    July 30- Energizer Holdings Inc, the maker of Energizer and Eveready batteries, reported a 26 percent fall in quarterly profit as household goods sales fell nearly 11 percent due to higher competition and the loss of two key retail customers.

  • July 30- Navigation equipment maker Garmin Ltd reported an 11.7 percent rise in quarterly revenue, helped by higher sales of its GPS-based fitness products. The company's net income rose to $182 million, or 93 cents per share, in the first quarter ended June 28, from $172.5 million, or 88 cents per share, a year earlier.

  • July 30- Oil and natural gas producer Hess Corp said it plans to form a publicly-traded master limited partnership comprising its pipeline and storage assets in North Dakota's Bakken oil shale field. Hess said it expects the partnership to file a registration statement with the U.S. Securities and Exchange Commission in the fourth quarter.

  • Toronto Star publisher Torstar's media sales fall Wednesday, 30 Jul 2014 | 6:57 AM ET

    July 30- Canada's Torstar Corp reported a 7 percent decline in revenue at its media business, which publishes the country's largest daily newspaper, the Toronto Star. Revenue in the media business fell to C $237.3 million as the company continued to struggle with low print advertising sales.