U.S. stocks ended slightly lower on Tuesday as investors turned cautious on the day before the Federal Reserve chairman’s congressional testimony. The Dow Jones Industrial Average fell 32.41 points, or 0.21%, to 15,451.85. The S&P 500 dropped 6.24 points, or 0.37%, to 1,676.26 and The Nasdaq Composite fell 8.99 points, or 0.25%,to 3,598.50.
Yahoo Inc.(NASDAQ:YHOO) on Tuesday reported a second-quarter profit of $331.15 million, or 30 cents a share, compared with a profit of $226.63 million, or 18 cents a share, for the year-earlier period. Revenue, excluding traffic acquisition costs, was $1.07 billion, down from $1.08 billion. Adjusted profit was 35 cents a share.
Dell Inc may delay a shareholder meeting on a $24.4 billion buyout offer from founder Michael Dell and private equity firm Silver Lake Partners, with the pivotal vote too close to call, a person familiar with the matter said on Tuesday.
Google Inc.(NASDAQ:GOOG) has asked media companies about licensing content for an Internet TV service, a media report said Tuesday. Google Internet TV service would stream traditional programming, potentially challenging pay-TV operators, The Wall Street Journal reported.
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