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  • Texas- based oilfield services company Baker Hughes Inc. reported Friday that 1,411 rigs were exploring for oil and 422 were searching for gas. Of the major oil- and gas-producing states, Texas gained four rigs while Alaska, New Mexico and Oklahoma gained one apiece. Arkansas, Colorado, North Dakota and Wyoming lost one rig apiece.

  • By Adam Tempkin and Charles Williams. Moreover, with frequent issuers Hyundai, Honda, Ally, World Omni and Ford already having tapped the market with large deals in recent weeks, issuance is bound to taper off, potentially focusing more on the so-called off-the run and esoteric sectors, as well as smaller auto issuers.

  • Oct 12- Wells Fargo& Co's independent brokerage business has expanded in Florida and Oregon with veteran adviser teams that joined the company from rival firms UBS Wealth Management Americas and Bank of America's Merrill Lynch.

  • Gold Retreats Into the Close

    Gold is posting its biggest weekly decline in 2 months, reports CNBC's Sharon Epperson.

  • MEMPHIS, Tenn.-- The Beverly Hills home where the late Elvis Presley and his wife Priscilla once lived is up for sale, real estate website operator Trulia said. The house hit the market Wednesday for $12.9 million, according to Trulia.

  • FONTANA, Calif.-- Firefighters say the roof of a motorcycle warehouse in Fontana collapsed after a foot of rain water backed up behind clogged drains. San Bernardino County firefighters were called about 5 p.m. Thursday, after a heavy downpour.

  • *Smaller tablet would be new segment for Apple. SAN FRANCISCO, Oct 12- Apple Inc will host an event on Oct. 23, said a source familiar with the plan, in what is expected to be the unveiling of a smaller iPad to venture into a market staked out well in advance by rivals Amazon.com Inc and Google Inc.

  • HAYWARD, Calif.-- Impax Laboratories Inc. said Friday that the Food and Drug Administration is extending a review of its Parkinson's disease drug Rytary by three months until Jan. 21. Impax developed Rytary through a partnership with British drugmaker GlaxoSmithKline PLC. Shares of Impax Laboratories rose 2 cents to $26.07 in midday trading Friday.

  • SAN FRANCISCO, Oct 12- Micron Technology's chief executive said he expects to complete the acquisition of failed Japanese memory chipmaker Elpida Memory Inc in the first half of next year, despite opposition from a group of bondholders.

  • NEW YORK-- Shares of chipmaker Advanced Micro Devices Inc. hit a multi-year low Friday after it warned that sales in the latest quarter were well below its forecast.

  • Hundreds of workers and a lot of heavy machinery is involved in the project, but Thursday's accident was the first serious one reported since construction began in 2009, said Mark Littman, spokesman for the Los Angeles County Metropolitan Transportation Authority, which is overseeing the project.

  • NEW YORK, Oct 12- Antonio "Tony" Mendez is the rarest of creatures: A former spy who has come out of the woodwork. His story is the subject of Ben Affleck's new film, "Argo," released in the United States Friday, and tipped to feature in Hollywood's awards season.

  • *Wells Fargo weighs on financials. The Thomson Reuters/ University of Michigan's preliminary October reading on consumer sentiment rose to 83.1, well above the 78 forecast for the index as optimism about the economy improved. Wells Fargo, the biggest U.S. home lender, dropped 2.5 percent to $34.40.

  • SAN FRANCISCO, Oct 12- Micron Technology's chief executive said he expects to complete an acquisition of failed Japanese memory chipmaker Elpida Memory Inc. in the first half of next year, despite opposition from a group of bondholders.

  • The Pleasanton, California- based company, considered a leader in the cloud computing sector, opened New York Stock Exchange trading at $48.05 after pricing shares above the expected range at $28.00. Earlier in the week, Workday raised its price range to $24 to $26 per share from $21 to $24 per share.

  • --U.S. river cruise operator Viking Cruises Ltd. plans to issue $250 million in senior notes. On Oct. 9, 2012, Standard& Poor's Ratings Services assigned Woodland Hills, Calif.- based river cruise operator Viking Cruises Ltd. its' B+' corporate credit rating.

  • NEW YORK-- Shares of Workday rocketed higher Friday in their first day of trading on the New York Stock Exchange. That's a bigger bump than the 71 percent first-day gain by casino operator Caesars Entertainment Corp. in February and the 41 percent first-day gain for shares of real estate listing site Trulia Inc. last month.

  • NEW YORK-- A group of retailers and trade groups has launched a last-ditch effort to stop a settlement worth at least $6 billion that Visa Inc., MasterCard Inc. and major banks have agreed to pay retailers for alleged fee fixing. The proposed settlement, which was disclosed in July, is expected to be submitted to the U.S. District Court in Brooklyn by Oct. 19.

  • SAN FRANCISCO, Oct 12- Micron Technology Inc:. *CEO says still expects to close elpida deal in first half of 2013. *CEO says does not expect elpida bondholder proposal to succeed.

  • Oct 12- Shares of Workday Inc soared 72 percent in their market debut on Friday, as the market for enterprise software continues to hold strong. The Pleasanton, California- based company, considered a leader in the cloud computing sector, opened New York Stock Exchange trading at $48.05 after pricing shares above the expected range at $28.00.