Earnings


NEW YORK - US stocks fell sharply Tuesday amid mixed corporate earnings and as China raised interest rates for the first time since 2007.

SAN FRANCISCO - Yahoo posted a 113-percent rise in third quarter earnings Tuesday, but investors were still disappointed by the struggling web pioneer's failure to meet its sales forecast.
US Treasury to sell 1.5 bn Citigroup shares
NEW YORK - The US Treasury Department Tuesday announced plans to sell 1.5 billion shares of Citigroup common stock as it seeks to reduce its stake in the banking giant.
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