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Yahoo Inc.'s (YHOO) second-quarter income shrank 4.4% as the online media company saw restructuring charges weigh down its results, though contributions from its Asian assets continued to grow.

For the second quarter, Fidelity National Information Services (NYSE:FIS) saw a rise in net income.

EMC Corp. said Tuesday afternoon that it has named current CFO David Goulden to the post of president and chief operating officer.

Oil prices rose for the fifth straight session on Tuesday, after U.S. Federal Reserve Chairman Ben Bernanke left the door open for more monetary stimulus.

CSX Corp.'s (CSX) second-quarter earnings rose 1.2% as the railroad reported stronger intermodal and automotive volumes, though coal shipments continued to decline.

CSX Corp. reported late Tuesday second-quarter profit rose to $512 million, or 49 cents a share, from $506 million, or 46 cents a share a year ago.

A rule being developed by U.S. regulators designed to bar risky trading activities by banks should be made simpler and more stringent before it is made final, a senior Obama administration official said Tuesday.

Software developers using a pre-release version of Apple Inc.'s (AAPL) iPhone operating system have hit a roadblock while trying to access the popular video-calling application FaceTime on AT&T Inc.'s (T) cellular network.

Intel's (NASDAQ:INTC) net income decreased in the second quarter. Earnings and Revenue The company's EPS outpaced analyst estimates while the company's revenues came in line with predictions. The company reported EPS of 54 cents a share versus the 52 cents a share estimate and revenues of $13.5