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  • Caterpillar said global uncertainty persists, and the recent vote in Britain to leave the European Union and the attempted coup in Turkey have heightened risks, especially in Europe. The world's largest construction and mining equipment maker, lowered its full-year 2016 sales outlook to a range of $40 billion to $40.5 billion, from $40 billion to $42 billion.

  • July 26- McDonald's Corp posted lower-than-expected second-quarter U.S. sales at established restaurants, the latest in a string of disappointing reports from chains such as Dunkin' Donuts, Starbucks and Wendy's. Shares tumbled 4.1 percent to $122.21 in McDonald's, the world's biggest fast-food chain, which gets roughly one-third of its revenue and 40...

  • The company's $1.09 in earnings per share, excluding restructuring costs, was better than analysts' expectations of 96 cents, but below a revised $1.40 a year ago. The world's largest construction and mining equipment maker lowered its full-year 2016 sales outlook to a range of $40 billion to $40.5 billion, from $40 billion to $42 billion. Caterpillar expects...

  • July 26- Wall Street was little changed on Tuesday morning as investors assessed a host of corporate earnings reports and braced for the Federal Reserve's policy meeting. Traders have priced in an 18.7 percent chance of a rate increase in September and a 42.8 percent chance in December, according to CME Group's FedWatch tool. Strong economic data, an...

  • July 26- McDonald's Corp reported much lower-than-expected quarterly sales growth at established restaurants in the United States and the fast-food chain said it faced "a challenging environment in several key markets." The company's shares fell as much as 3.7 percent to $122.63 in early trading on Tuesday. "There is no doubt that in the United States the...

  • July 26- Wall Street was set to open little changed on Tuesday as investors awaited the Federal Reserve's meeting and braced for earnings reports from companies such as Apple and Twitter. Strong economic data, an improvement in quarterly earnings and low expectations of a rate hike have spurred Wall Street to record highs in the past two weeks.

  • The company, the world's largest construction and mining equipment maker, lowered its full-year 2016 sales outlook to a range of $40 billion to $40.5 billion, from $40 billion to $42 billion. Caterpillar expects earnings of $2.75 per share, or $3.55 excluding restructuring costs, from $3.00, or $3.70 excluding restructuring costs. Caterpillar reported...

  • OAK BROOK, Ill. _ McDonald's Corp. on Tuesday reported second-quarter net income of $1.09 billion. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of $1.38 per share. Eight analysts surveyed by Zacks expected $6.28 billion.

  • CHICAGO _ USG Corp. on Tuesday reported second-quarter earnings of $74 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 48 cents per share. Four analysts surveyed by Zacks expected $1.01 billion.

  • PEORIA, Ill.— Caterpillar's second-quarter performance beat Wall Street's expectations, despite weakness in the mining and oil and gas industries. This handily beat the 96 cents per share analysts surveyed by Zacks Investment Research expected. Revenue declined to $10.34 billion from $12.32 billion, but topped the $9.99 billion that analysts Zacks polled...

  • PARIS/ SINGAPORE, July 26- Chicago soybeans ticked higher on Tuesday, supported by an easing dollar, but held close to an earlier three-month low as a U.S. government report confirmed favourable crop conditions. Chicago wheat fell to break a three-day rally, pressured by a pullback in European wheat futures after a surge last week on deteriorating harvest...

  • CHICAGO _ Navigant Consulting Inc. on Tuesday reported second-quarter earnings of $14.8 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 26 cents per share. Three analysts surveyed by Zacks expected $227.8 million.

  • DEERFIELD, Ill. _ Baxter International Inc. on Tuesday reported second-quarter profit of $1.21 billion. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 39 cents per share. Four analysts surveyed by Zacks expected $2.5 billion.

  • NEW YORK/ SAN FRANCISCO, July 26- The 1923 middle school building in Oregon's Corbett School District is so old that horses and trailers were used to dig the basement. The amount of debt sold so far this year in the $3.7 trillion market for U.S. municipal and state debt is less than in 2015 despite record-low borrowing rates. The yield on top-rated municipal 30- year...

  • NEW YORK/ CHICAGO, July 26- Record low interest rates so far have failed to spur a wave of new borrowing in the $3.7 trillion U.S. municipal debt market, with one exception: its weakest borrowers are seizing the opportunity to prop up their finances at costs they can afford. Some cash-strapped areas, including Illinois and low-rated Chicago, can also issue bonds for...

  • GLENVIEW, Ill. _ Anixter International Inc. on Tuesday reported second-quarter profit of $20.5 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.30 per share. Anixter International shares have decreased almost 3 percent since the beginning of the year.

  • NEW YORK/ CHICAGO, July 26- Record low interest rates so far have failed to spur a wave of new borrowing in the $3.7 trillion U.S. municipal debt market, with one exception: its weakest borrowers are seizing the opportunity to prop up their finances at costs they can afford. Some cash-strapped areas, including Illinois and low-rated Chicago, can also issue bonds for...

  • NEW YORK/ SAN FRANCISCO, July 26- The 1923 middle school building in Oregon's Corbett School District is so old that horses and trailers were used to dig the basement. The amount of debt sold so far this year in the $3.7 trillion market for U.S. municipal and state debt is less than in 2015 despite record-low borrowing rates. The yield on top-rated municipal 30- year...

  • SINGAPORE, July 26- Chicago soybeans ticked higher on Tuesday but were still holding close to last session's a three-month low as a U.S. government report showed the crop in a healthy condition. Chicago Board Of Trade most-active soybeans gained 0.1 percent to $9.67-1/ 2 a bushel by 0210 GMT, having lost 4.6 percent in the last two sessions. Corn fell 0.2 percent to...

  • SINGAPORE, July 26- Chicago soybeans ticked higher on Tuesday but were still holding close to last session's a three-month low as a U.S. government report showed the crop in a healthy condition. Chicago Board Of Trade most-active soybeans gained 0.1 percent to $9.67-1/ 2 a bushel by 0210 GMT, having lost 4.6 percent in the last two sessions. Corn fell 0.2 percent to...