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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.

Gold futures edged lower Tuesday as investors were disappointed at U.S. Federal Reserve Chairman Ben Bernanke's testimony to Congress.

Additional monetary policy easing could be warranted if the economy continues to lose momentum, said Sandra Pianalto, the president of the Cleveland Federal Reserve Bank, on Tuesday.