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M&T Bank Corp.'s (MTB) second-quarter profit fell 28% but the Northeastern U.S. bank reported strong demand for business loans and mortgages, and growth in its newly acquired trust-banking business.

Coca-Cola Co. (KO) continued to post solid sales growth in the second quarter as its global scope and the introduction of more drink sizes at different prices helped the world's largest beverage company overcome pockets of economic uncertainty, including jitters in Europe and a cooling economy in

The markets changed direction again, this time heading back into the green, as traders mulled a bounty of earnings and economic data as well as Fed Chairman Bernanke's testimony.

Charles Schwab Corp.'s (SCHW) second-quarter profit rose 16% from a year ago, helped by a $70 million pre-tax gain, while higher net new assets and a prior acquisition helped the company offset low interest rates and weak trading volume.

Brazil's Angra 3 nuclear power plant, being built by state-controlled Centrais Eletricas Brasileiras (ELET6.BR, EBR), will only come online in 2016 after several delays led to the push back of its operation date, the utility known as Eletrobras said Tuesday.

Spanish financial group Banco Bilbao Vizcaya Argentaria SA (BBVA, BBVA.MC) said Tuesday it has designated the head of its Mexican unit, Ignacio Deschamps, to lead its retail banking operations at the global level.

Large retailers are absorbing the ramifications of the settlement in which Visa Inc. (V) and MasterCard Inc. (MA) have agreed to allow retailers to charge more when customers pay with plastic.

Jakks Pacific Inc.'s (JAKK) second-quarter profit slumped 95% as the toy maker reported higher legal advisory fees and lower income from a videogame joint venture, though net sales growth exceeded expectations.