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Yelp and Twitter are big market movers

NEW YORK- Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:. Yelp Inc., down $8.45 to $25.06. Twitter Inc., down $5.30 to $31.24.
Source: The Associated Press
Mexico to postpone deep water auction, adjust next oil tender terms

MEXICO CITY, July 29- Mexico, which has started to open its nationalized oil industry to additional private investment, will postpone auctions for deep-water oil exploration and production contracts and adjust the terms of upcoming tenders after an inaugural oil auction failed to meet the government's modest expectations. "We are revising the issue of the...
Source: Reuters
CNH Industrial profits down 55 percent in second quarter

MILAN- CNH Industrial, the Italian maker of construction and agriculture machinery, says second-quarter earnings dropped by more than half on lower sales of combines and larger tractors in North and South America. CNH Industrial, which was formed from the full merger of Fiat Industrial with its CNH subsidiary, reported Wednesday that profits dropped to 178...
Source: The Associated Press
CNH misses Street 2Q forecasts

BASILDON ESSEX, Britain _ CNH Industrial NV on Wednesday reported second-quarter profit of $124 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 17 cents per share. Three analysts surveyed by Zacks expected $7.52 billion.
Source: The Associated Press
China's yuan firms on corporate dollar sales, easing stock volatility

SHANGHAI, July 29- China's yuan inched up against the dollars on Wednesday as some corporate clients sold dollars after the central bank set the official guidance rate slightly firmer, traders said. The People's Bank of China set the midpoint rate at 6.1150 per dollar prior to market open, 0.01 percent firmer than the previous fix at 6.1154.
Source: Reuters
China's yuan steady amid stock turmoil, midpoint at 2-week high

SHANGHAI, July 28- China's yuan held steady against the dollar on Tuesday after the central bank fixed its midpoint at a two-week high, in a sign that the government hopes to maintain currency stability amid sharp volatility in equities market, traders aid. Beijing typically tries to keep the yuan's exchange rate stable amid domestic and global market...
Source: Reuters
China's yuan unchanged as central bank signals stability

SHANGHAI, July 27- China's yuan was flat against the dollar on Monday after the central bank set the official guidance rate almost unchanged, sending a message that monetary authorities wish to see the currency steady for the moment, traders said. The People's Bank of China set the midpoint rate at 6.1176 per dollar prior to market open, effectively flat at 0.01...
Source: Reuters
Yuan flat onshore, weak-than-expected factory data hits offshore market

SHANGHAI, July 24- China's yuan was flat against the dollar on Friday, with traders reporting some big state-owned banks had sold dollars to help keep the Chinese currency stable after the central bank set its official guidance rate little changed. The onshore market was largely unaffected by the release of a private survey on Friday, which showed China's...
Source: Reuters
China's yuan flat, but faces pressure on risk of capital outflows

SHANGHAI, July 23- China's yuan barely moved against the dollar on Thursday in line with an almost unchanged official guidance rate, a familiar pattern seen in recent months as authorities are eager to keep the currency stable in the face of stresses on the economy. The People's Bank of China set the midpoint rate at 6.1172 per dollar prior to market open, only 0.01...
Source: Reuters
China's yuan firms slightly on strong midpoint

SHANGHAI, July 22- China's yuan inched up against the dollar on Wednesday after the central bank set the official guidance rate at a one-week high, but traders said strong corporate dollar purchases in the morning capped the currency's gains. The People's Bank of China set the midpoint rate 0.05 percent firmer than the previous fix at 6.1168 per dollar prior to...
Source: Reuters