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  • --We revised our outlook on Ocwen Loan Servicing LLC to stable as a residential mortgage subprime, special, and subordinate-lien servicer and affirmed our ABOVE AVERAGE rankings on the company in these categories.

  • Air Canada to form leisure group Tuesday, 2 Oct 2012 | 3:08 PM ET

    Oct 2- Air Canada, Canada's biggest airline, said it would form an integrated leisure group by combining its tour operator business with its planned low-cost airline. The airline named Michael Friisdahl chief executive officer of the leisure group, which will include tour operator business Air Canada Vacations.

  • Oct. 2- Both the Canadian Credit Card Quality Index charge-off rate and the Canadian unemployment rate remained unchanged in August from July, at 3.8% and 7.3%, respectively, said an article published today by Standard& Poor's Ratings Services, titled "Canadian Credit Card Quality Index Report: Performance Remained Relatively Flat In August 2012."

  • **ARQULE INC, $2.30, down 53.9 pct The biotechnology company and Japan's Daiichi Sankyo Co Ltd. **GENERAL MOTORS, $23.82, up 3 pct. Hedge fund manager David Einhorn said auto-maker General Motors "is much healthier now," and is getting its product refreshments "right."

  • Stocks sink on Spain report, Mosaic miss Tuesday, 2 Oct 2012 | 1:18 PM ET

    Mosaic, Dupont and stocks of other companies in the materials industry fell. Dupont led the Dow lower, sinking $1.02 to $49.34. Spain needs to ask for money from Europe's bailout fund before the European Central Bank can start buying its government bonds.

  • Trading mixed as Spanish speculation grows Tuesday, 2 Oct 2012 | 1:07 PM ET

    The monthly manufacturing survey from the Institute for Supply Management on Monday pointed to an improvement. In Europe markets ended the day slightly lower. The FTSE 100 index was down 0.19 percent at 5,809 while Germany's DAX was off 0.28 percent at 7,305. The CAC-40 in France was 0.6 lower higher at 3,414..

  • Oct 2- Shares of Zillow Inc fell as much as 10 percent after Securities and Exchange Commission staff asked the real estate website for more disclosures in its quarterly and annual reports.

  • Zillow falls after SEC staff seeks more disclosures Tuesday, 2 Oct 2012 | 11:51 AM ET

    Oct 2- Shares of Zillow Inc fell as much as 10 percent after Securities and Exchange Commission staff asked the real estate website for more disclosures in its quarterly and annual reports.

  • Oct 2- Plastic packaging maker RPC Group Plc. said Ron Marsh, its chief executive of 19 years, would retire on Oct. 1, 2013. RPC shares were down marginally at 426.35 pence at 0345 GMT on Tuesday on the London Stock Exchange.

  • The Dow and S&P 500 turned negative while the Nasdaq cut its gains in late morning on Tuesday, with materials and energy shares leading declines on the S&P. **ARQULE INC $2.21 down 55.5 pct The biotechnology company and Japan's Daiichi Sankyo Co Ltd. **FORD MOTOR CO, $9.78, down 1.6 pct.

  • Iran president: `Psychological' blows hit currency Tuesday, 2 Oct 2012 | 11:20 AM ET

    TEHRAN, Iran-- Iran's president on Tuesday blamed the steep drop in Iran's currency on "psychological pressures" linked to Western sanctions over Tehran's nuclear program and Iran's increasing bitter political battles.

  • The investigation, one of the several involving the company, was initiated in 2005 and covered DaVita's joint ventures, financial relationships with physicians and services provided to patients, and included the administration and billing of DaVita's anemia drug, Epogen.

  • By Katya Golubkova and Lidia Kelly. MOSCOW, Oct 2- Russian President Vladimir Putin said he was worried about rising inflation but stopped short of calling for curbs on grain exports to contain food prices after drought decimated this year's harvest.

  • *Qua Iboe valued at dated plus $2.30- $2.60. LONDON, Oct 2- Nigerian crude differentials held steady on Tuesday, below peaks reached last week during a buying spree led by Indian refiners, while remaining Angolan cargoes were expected to weaken. *Qua Iboe: Offered at dated plus $2.70 to $2.75 and considered more likely to trade between plus $2.30 and plus $2.60.

  • Oct 2- The following are the U.S. auto sales results for September reported by top-selling automakers so far on Tuesday. Auto Sales For September 2012. SOURCE: Autodata Corp and Reuters calculations.

  • US optimism buoys markets amid Spain bailout hopes Tuesday, 2 Oct 2012 | 10:15 AM ET

    LONDON-- Hopes that the U.S. economy is past its recent soft patch combined with optimism over a Spanish bailout request to shore up financial markets Tuesday. The monthly manufacturing survey from the Institute for Supply Management on Monday pointed to an improvement.

  • Oct 2- LDK Solar Co Ltd said lenders to its controlling shareholder have agreed not to sell some loan-related collateral, including shares of the Chinese solar equipment maker, for 12 months.

  • Oct 2- John Wiley& Sons Inc, the publisher of the "For Dummies" books, said it will buy privately held online learning services company Deltak.edu LLC for $220 million to strengthen its business with higher education institutions.

  • LONDON, Oct 2- Barclays has promoted two of its top consumer banking bosses to its executive committee as the British bank's new boss puts more focus on traditional banking after criticism of its rapid growth in higher risk investment banking.

  • Iranian leader: `Psychological' blows hit currency Tuesday, 2 Oct 2012 | 9:47 AM ET

    TEHRAN, Iran-- President Mahmoud Ahmadinejad blamed the steep drop in Iran's currency Tuesday to "psychological pressures" linked to Western sanctions over Tehran's nuclear program. The U.S. and its allies have imposed the punishing measures to try to persuade Iran to negotiate over its nuclear program, which the West says is aimed at developing atomic weapons.