China factory index at 18- month high in July Facebook 2 Q earnings, revenue soar S&P 500 ekes out record high as earnings roll in US economy, though sluggish, may now be sturdier IMF sees US growth at weakest since recession South Korea unveils stimulus after ferry sinking Mayor: 6 potential buyers for Revel casino New Zealand raises interest rate to 3.5 percent SEC votes to end $1 a share for some money funds Japan trade deficit at record $75 B in first half» Read More
ANN ARBOR, Mich.-- Domino's Pizza's fiscal third-quarter net income climbed 18 percent as sales improved in the U.S. and overseas. Domino's reported Tuesday that it earned $26 million, or 44 cents per share. For the period that ended Sept. 9, revenue increased 1 percent to $378.1 million from $376.3 million.
The governor, Sinan al-Shabibi, is seen as a politically independent economist who has led the bank since shortly after the U.S.-led invasion of Iraq in 2003.. Iraqi Integrity Commission spokesman Hassan Karim Aati said it has received documents from a parliamentary committee investigating the allegations and is looking into the matter.
WASHINGTON-- More than 56 million Social Security recipients will soon find out how much their monthly payments will go up next year. The increase is tied to a government measure of inflation being released Tuesday morning. Social Security payments for retired workers average $1,237 a month, or about $14,800 a year.
Mattel and UnitedHealth posted strong results for the third quarter. Goldman Sachs and Johnson& Johnson both beat Wall Street expectations. The Coca-Cola Co. says its net income rose 3 percent.
"We simply can't cope with the expected volume of passengers with the way things are today," said Tony Tyler, director general and CEO of the International Air Transport Association, the airlines' trade group. Tyler spoke at an airlines conference held in Abu Dhabi, the capital of the United Arab Emirates.
DALLAS-- Traffic and average prices both weakened in September, but analysts believe Southwest Airlines still made money in the third quarter. Southwest, which carries the most passengers within the U.S. of any airline, is scheduled to report financial results on Thursday.
ROME-- The embattled governor of Italy's powerful Lombardy region, which includes Milan, has announced the dissolution of the regional legislature as Italy's mounting political corruption scandal claims its biggest victim yet. He has said he would name a technical administration to run Lombardy until early elections.
LONDON-- Mounting hopes over the U.S. economic recovery bolstered markets for a second day on Tuesday and helped push the euro back above $1.30. Strong earnings figures from the likes of toy maker Mattel, Johnson& Johnson and Goldman Sachs, further buoyed sentiment.
ATHENS, Greece-- Greece has raised 1.625 billion in an auction of 13- week treasury bills at a slightly lower rate of 4.24 percent. The Public Debt Management Agency on Tuesday said the rate had dropped from 4.31 percent at the previous such auction on Sept. 18.
WASHINGTON-- Production at U.S. factories, mines and utilities likely showed a gain in September, rebounding after a big drop in August. Factories produced fewer cars and Hurricane Isaac triggered shutdowns along the Gulf Coast. The Institute for Supply Management said that its index of factory activity rose to 51.5.
ARMONK, N.Y.-- IBM Corp.' s third-quarter earnings will provide a glimpse at how well the technology services and business software markets have been holding up amid uncertainty about the global economy and the U.S. presidential election.
UnitedHealth Group's third-quarter net income jumped 23 percent, and the nation's largest health insurer raised its 2012 earnings forecast for the third time this year.
EL SEGUNDO, Calif.-- Strong sales of American Girl dolls and Fisher-Price toys helped boost Mattel's third-quarter results, setting the stage for the biggest U.S. toy maker ahead of the critical holiday season.
LISBON, Portugal-- Portugal's coalition government is facing a hail of criticism after announcing steep tax increases in its draft budget for next year. Finance Minister Vitor Gaspar met Tuesday with the governing parties' lawmakers, aiming to quell signs of revolt in their ranks ahead of Parliament's vote on the budget proposal later this month.
BERLIN-- German Chancellor Angela Merkel on Tuesday defended her government's decision to phase out nuclear power and switch to renewable energies within a decade, but acknowledged the need to overhaul and speed up the transition plan.
WASHINGTON-- Higher costs for gasoline and other fuel likely pushed up consumer prices in September for the second straight month. The Labor Department will release the consumer price index at 8:30 a.m. Eastern time Tuesday.
MADRID-- Spain has raised 4.9 billion at slightly lower interest rates in a debt auction that saw strong demand as the country considers whether to request international help to manage its finances. The Treasury sold 3.4 billion in 12- month bills at an average interest rate of 2.82 percent, down from 2.84 percent in the last such auction Sept. 18.
BRUSSELS-- Inflation in the 17- country eurozone was lower than previously expected in September. Eurostat, the EU's statistics office, said Tuesday that prices were 2.6 percent higher in September than the year before, down from its previous estimate of 2.7 percent.
FRANKFURT, Germany-- Investor optimism in Germany rose in October, sending an upbeat signal about Europe's largest economy. The ZEW, or the Center for European Economic Research, said that the results show "that risks for the German economy have somewhat diminished."
HONG KONG-- World stock markets were lifted Tuesday by better data on the U.S. economy and a report showing improving investor confidence in Germany. In early European trading, Germany's DAX rose 0.6 percent to 7,308.01 and France's CAC 40 gained 0.5 percent to 3,426.48.