Chevron profit hit by oil, refinery weakness

Chevron Corp <CVX.N> posted a 51 percent drop in quarterly profit on Friday, the latest oil giant to be hit by the steep decline in oil and natural gas prices and the anemic margins for refineries.

U.S. consumer sentiment slips in October - survey

U.S. consumer sentiment slipped this month as Americans worried about their personal finances and focused on paying down debts, though confidence in a national recovery remained high, a survey showed on Friday.

PREVIEW-Argentina's Oct tax revenue seen rising 7.4 pct

Argentina's October tax collections are seen rising 7.4 percent from a year ago, pushed up by social security inflows, analysts said.

TREASURIES-Bonds rise on weak stocks, spending drop

U.S. government debt market prices advanced on Friday, as weaker stocks and data suggesting a sluggish economic rebound rekindled a safety bid for bonds.

Moody's - $180 bln or 65 pct of US CLOs downgraded

Moody's Investors Service on Friday said it has downgraded $180 billion of U.S. collateralized loan obligations, or about 65 percent of deals it reviewed, as part of a broad appraisal of CLO ratings.

Goldman trims CIT loan to $2.125 billion

Goldman Sachs Group <GS.N> plans to trim the rescue loan it arranged for CIT Group Inc by $875 million to $2.125 billion, CIT said on Friday.

US STOCKS SNAPSHOT-Wall St falls as data awaited

Wall Street fell at the open on Friday, a day after the market logged its best gain in three months and as investors awaited data that will shed light on consumer sentiment and Midwest business activity.

UPDATE 1-Euro zone Oct prices ease, inflation seen in Nov

Consumer prices in the euro zone fell year-on-year for a fifth straight month in October, data showed, but they are expected to start growing in November as oil costs rise above year-earlier levels.

Facebook gets $711 million damages in anti-spam case

Social networking website Facebook was awarded $711.2 million in damages relating to an anti-spam case against Internet marketer Sanford Wallace, court documents show.

Cellphone market growth raises pricing fears

The global cellphone market is set to grow in the holiday sales-fueled October-to-December quarter, after four quarters of falls, raising fears of pricing battles, analysts said on Friday.

Latin to lose its domain over Internet addresses

The body in charge of assigning the world's Internet users their online addresses on Friday said it had agreed to allow the use of any of the world's scripts, no longer just the Latin alphabet.

UPDATE 1-Trucker YRC sees larger-than-expected qtrly loss

Troubled trucking giant YRC Worldwide (YRCW.O) Inc on Thursday posted a larger-than-expected loss for the third quarter but said it was making progress on a financial restructuring as shipping trends stabilized.