Facebook and Instagram Make It Official, HP Skids
Aug. 23 (Bloomberg) -- In today's "Bloomberg Equities Report," Bloomberg's Deirdre Bolton reports that Hewlett-Packard shares are down after the company's worst-ever quarterly results, positive news for Facebook as the FTC ok's their takeover of Instagram and Diageo reports higher profits and sales on the strength of U.S. demand. She speaks on Bloomberg Television's "In The Loop."
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China Construction Bank 1Q Profit Rises
11:22 - The first of China's biggest lenders has posted its results. Net income at China Construction Bank rose 3.4% last quarter thanks to higher fee income. Bloomberg's Philip Lagerkranser reports on "Bloomberg Daybreak: Asia." (Source: Bloomberg)