Statement from Halliburton Co. says European Regulators Asked for More Information Related to Merger

Statement from Halliburton Co. says European Regulators Asked for More Information Related to Merger On Sunday, in a statement, Halliburton Co, the oilfield services provider said that European Commission has requested for additional information regarding its proposed deal to takeover Baker Hughes Inc.

The merger deal worth $35 billion will create a strong combined company which may surpass the number one oil fields service provider, Schlumberger NV.

Verizon Workers in Nine States will Continue to Work Without Contract as Further Negotiations are Expected

Verizon Workers in Nine States will Continue to Work Without Contract as Further Negotiations are ExpectedThe unions representing the Verizon employees in nine states said that the workers with the wireless carrier will carry on working without a contract as further negotiations are scheduled in the near future.

Energy Transfer Partners Fund Flow Indicate Large Outflow of Money

Energy Transfer Partners Fund Flow Indicate Large Outflow of Money Energy Transfer Partners increased 0.35% in the previous session. The last traded price of the stocks was 0.18 points up at $51.6.

Data gathered for the fund flow indicate that the net flow of money in the intraday was $(-8.6) million. The fund value was noted as $12.62 million in upticks and was recorded to be $21.22 million in the downticks.

Yahoo Agrees to Acquire Polyvore to Attract Users and Drive Revenue

Yahoo Agrees to Acquire Polyvore to Attract Users and Drive RevenueOn Friday, Yahoo said that it agreed to acquire Polyvore, the fashion start-up that is expected to attract more traffic and fortify its mobile and social offerings. The company did not announce the terms of the deal but said that the acquisition will speed up its 'Mavens' growth move.

Twitter User Growth Slows Down; Stock Prices Also Plunge

Twitter User Growth Slows Down; Stock Prices Also PlungeIn the second quarter which ended in June, Twitter earned revenue of $502 million quarterly. The second quarter revenue was sixty one percent up as compared to last year.

Compared to the first quarter, Twitter's active user number in the second quarter increased by eight million to 316 million. That's fifteen percent increase on a year on tear basis.

In June Quarter Though not a Big Rebound, but the US Economy Expanded at Annual Rate of 2.3 Percent

In June Quarter Though not a Big Rebound, but the US Economy Expanded at Annual Rate of 2.3 Percent Although the U. S economy expanded in the June quarter but it settled for a jog rather than a run. The progress has been slow but is more optimistic than the first quarter which gave a scare.

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