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  • Groupon eyes restaurants with nationwide POS offering Wednesday, 10 Oct 2012 | 7:15 AM ET

    SAN FRANCISCO, Oct 10- Groupon Inc launched a point-of-sale service called Breadcrumb across the United States on Wednesday as the world's largest daily deal company tries to win more restaurants as clients. Groupon acquired the business in May. Groupon is a pioneer in daily deals, which are heavily discounted online offers for local services.

  • Data-center company IO wins $90 million in venture cash Wednesday, 10 Oct 2012 | 7:01 AM ET

    SAN FRANCISCO, Oct 10- Data-center company IO has raised $90 million from venture-capital backers, the company said on Wednesday, illustrating the growing profile of enterprise-oriented investments compared to consumer companies in Silicon Valley.

  • Crowdsourcing goes to Hollywood as Amazon makes movies Wednesday, 10 Oct 2012 | 7:00 AM ET

    *Amazon has 21 movie projects, 9 TV projects in development. *Amazon to post trial videos and seek feedback. SAN FRANCISCO, Oct 10- Amazon.com Inc is producing its own movies and TV programming using the consumer tracking and data crunching skills it developed while becoming the world's largest Internet retailer.

  • The PIMCO Total Return Fund, the world's largest mutual fund with about $278 billion in assets, attracted roughly $6.25 billion in new money in the third quarter, according to Morningstar. Meanwhile, the DoubleLine Total Return Bond Fund was second with $4.45 billion in assets.

  • LOS ANGELES, Oct 10- A California man behind an anti-Islam film that stoked violent protests in the Muslim world was due in court in Los Angeles on Wednesday for a hearing on whether he violated his probation on a bank fraud conviction and should be sent back to prison.

  • *SK Hynix slides after peer Intel's downgrade. SEOUL, Oct 10- South Korean shares retreated, led by a slump for Samsung Electronics following brokerage downgrades of Intel that sparked a sell-off of U.S. technology firms overnight.

  • Activists demand shutdown of ailing nuke plant Wednesday, 10 Oct 2012 | 3:42 AM ET

    Just days after Southern California Edison asked the Nuclear Regulatory Commission for permission to repair and start the Unit 2 reactor, then run it at reduced power, the agency is facing pressure from groups critical of the nuclear power industry to initiate a review that could take months or even years to complete.

  • San Onofre reopening not a done deal - NRC Wednesday, 10 Oct 2012 | 2:49 AM ET

    DANA POINT, Calif., Oct 9- A plan by Southern California Edison to reopen its crippled San Onofre nuclear power plant, whose outage has increased the chance of power cuts in the region, is not certain to be approved, the U.S. Nuclear Regulatory Commission said.

  • BRIEF-Skanska wins 460 mln SEK order in the US Wednesday, 10 Oct 2012 | 2:33 AM ET

    STOCKHOLM, Oct 10- Skanska AB:. *To widen California freeway for USD 67 m, about SEK 460 m. *included in order bookings for Skanska USA Civil in the third quarter 2012.

  • Edwards Lifesciences buys blood monitoring company Wednesday, 10 Oct 2012 | 12:48 AM ET

    IRVINE, Calif.-- Edwards Lifesciences Corp. said Wednesday it completed its acquisition of Bmeye BV, a Dutch company that develops products used in monitoring blood circulation and heart function, for about $42 million. Irvine, Calif.- based Edwards said the acquisition won't affect its income in 2012 and will cause a small reduction to its net income in 2013..

  • Zynga down on Piper Jaffray downgrade Wednesday, 10 Oct 2012 | 12:31 AM ET

    NEW YORK-- Shares of Zynga tumbled nearly 5 percent Wednesday after Piper Jaffray predicted that a decline in revenue for social gaming companies would accelerate next year, with fewer teens showing interest. On Friday, the shares hit an all-time low of $2.21, after Zynga forecast a third-quarter loss.

  • OCZ Technology shares drop on earnings delay Wednesday, 10 Oct 2012 | 12:12 AM ET

    SAN JOSE, Calif.-- Shares of OCZ Technology Group Inc. tumbled Wednesday after the flash memory maker delayed filing its earnings report for its second quarter and said its revenue had fallen short of its previous guidance.

  • LOS ANGELES, Oct 9- California's record-high gas prices held steady on Tuesday and were expected to begin dropping later in the week, but a rise in wholesale prices suggested the decline could be more moderate than market analysts had previously anticipated.

  • SAN FRANCISCO Oct. 9, 2012-- Although U.S. housing finance agency profitability and loan performance have declined since 2008 because of low interest rates, equity is stable and high because of intact reserves, providing more security for these issuers' general obligation debt and some other obligations, according to a report published today on RatingsDirect on the Global Credit Portal.

  • SAN FRANCISCO Oct. 9, 2012-- U.S. housing finance agency loans and prime loans in the states where HFAs operate performed virtually the same in the second quarter of 2012, according to a report published today on RatingsDirect on the Global Credit Portal.

  • Moody's targets Calif. cities for downgrades Tuesday, 9 Oct 2012 | 8:40 PM ET

    Moody's Investors Service will scrutinize the ratings of various types of bonds in 30 California cities. "California cities operate under more rigid revenue raising constraints than cities in many other parts of the country," Eric Hoffmann, who heads Moody's California local government ratings team, said in a statement. "

  • Oct 9- A man who flew into Los Angeles International Airport from Japan wearing a bulletproof vest and flame retardant clothing has been arrested after a smoke grenade, various weapons and body bags were found in his luggage, officials said on Tuesday.

  • By Sam Forgione and Jennifer Ablan. The PIMCO Total Return Fund, the world's largest mutual fund with about $278 billion in assets, attracted roughly $6.25 billion in new money in the third quarter, according to Morningstar. Meanwhile, the DoubleLine Total Return Bond Fund was second with $4.45 billion in assets.

  • News Summary: Chevron expects earnings drop in 3Q Tuesday, 9 Oct 2012 | 6:59 PM ET

    SLIDING: Oil giant Chevron Corp. said Tuesday that third-quarter earnings will be "substantially lower" than in the second quarter. In addition, results from refining and marketing dropped off as a fire damaged Chevron's refinery in Richmond, Calif., and Hurricane Isaac disrupted production at a refinery in Mississippi.

  • News Summary: Wal-Mart unveils same-day delivery Tuesday, 9 Oct 2012 | 6:37 PM ET

    WAL-MART'S SAME-DAY DELIVERY SERVICE: Wal-Mart is testing a same-day delivery service in select markets for customers who buy popular items online during the holiday shopping season. THE DETAILS: Wal-Mart's tests started this month in northern Virginia and Philadelphia.