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  • U.S. stocks rose at the open after labor market data came in within expectations and following encouraging comments by European Central Bank President Mario Draghi on tools to tackle the region's debt crisis. **NUVASIVE INC, $14.9, down 34 pct.

  • Bankers Petroleum output rises Thursday, 4 Oct 2012 | 9:55 AM ET

    Oct 4- Canadian oil and gas producer Bankers Petroleum Ltd said third-quarter output from its only producing field rose 18 percent. Bankers Petroleum, which lost a bid to acquire Albania's national oil company Albpetrol, said average sales volumes rose 15 percent to 15,715 bopd.

  • NEW DELHI, Oct 4- India's cabinet approved bills on Thursday to attract foreign investment into insurance and pensions in the latest move by Prime Minister Manmohan Singh to restore confidence in the economy, but the reforms will face a tough fight in parliament.

  • Lamprell says CEO to step down Thursday, 4 Oct 2012 | 9:50 AM ET

    Oct 4- Oil rig maker Lamprell Plc said Chief Executive Nigel McCue would step down and Peter Whitbread would be an interim replacement.

  • Oct 4- Oil and gas company ZaZa Energy Corp. ZaZa Energy Corp's portfolio includes about 72,000 acres in the oil-rich Eagle Ford shale field and 90,000 acres in the Woodbine region, both in Texas. The Houston- based company ended its exploration and development agreements with Hess Corp in the Paris Basin and Eagle Ford shale field in June.

  • Oct 4- Rupert Murdoch conceded defeat this week in his battle with Google and the Internet, an adversary even more powerful than the British government. Coincidentally, News Corp, Murdoch's holding company, announced the departure of its chief digital officer, Jonathan Miller.

  • U.S. stock index futures added to gains after European Central Bank President Mario Draghi said growth risks are on the downside and should be contained by effective policymaker action. Brokerages Canaccord Genuity, Robert W. Baird& Co, Mizuho Securities USA, BMO Capital Markets and ThinkEquity Llc cut their price targets on the stock.

  • *Sales at Costco and Gap top expectations. *Macy's, Target, Kohl's sales miss analysts' forecasts. "I think September overall is going to be OK; I don't think it's going to be great," said John Rooney, national retail& distribution sector lead for Deloitte Consulting.

  • Wells Fargo's International Group, named Christopher Lewis as executive vice president and head of global trade services. Most recently, he was head of trade and supply chain for North America at HSBC.

  • Oct 4- Social media company Facebook Inc said on Thursday it reached the 1 billion active monthly users threshold last month, and is up by 45 million users since June. Facebook has faced a rough debut since its May initial public offering.

  • *Macy's, Target sales miss analysts' forecasts. Retailers including Costco Wholesale Corp, Victoria's Secret operator Limited Brands Inc and teen chain Zumiez Inc posted bigger-than-expected gains in September sales at stores open at least a year. Target Corp and Macy's Inc posted same-store sales increases that missed analysts' expectations.

  • U.S. stock index futures added to gains after European Central Bank President Mario Draghi said growth risks are on the downside and should be contained by effective policymaker action. **NUVASIVE INC, Wednesday close $22.62, down 29.3 pct premarket. **INFORMATICA CORP, Wednesday close $33.63, down 19.7 pct premarket.

  • NEW DELHI, Oct 4- India's cabinet approved bills for foreign investment in insurance and pensions on Thursday in the latest move by Prime Minister Manmohan Singh to restore confidence in the flagging economy, but the reforms will face a tough fight in parliament.

  • MUMBAI, Oct 4- U.S. private-equity firm Carlyle Group is selling its 3.7 percent stake in India's top mortgage lender Housing Development Finance Corp Ltd in a deal to raise as much as $861 million, according to a term sheet seen by Reuters on Thursday.

  • UPDATE 1-Calpine to buy Texas power plant for $432 mln Thursday, 4 Oct 2012 | 8:39 AM ET

    Oct 4- Calpine Corp, the largest U.S. independent power generator, said it will buy an 800- megawatt power plant from Bosque Power Co LLC for $432 million plus adjustments, boosting its capacity in power-hungry Texas. In April, Calpine said it will add more than 500 megawatts in Texas by the summer of 2014 to help avoid rolling outages.

  • Pfizer's Prevenar 13 vaccine meets trial goal Thursday, 4 Oct 2012 | 8:32 AM ET

    Oct 4- Pfizer Inc said a late-stage study of its Prevenar 13 vaccine met the main trial goal, and the data will help to expand a European regulatory application for the vaccine. The main goal of the study was to show that the immune response to the vaccine in the 18 to 49 year old age group was non-inferior when compared to the response in the 60 to 64 year group.

  • Oct 4- Social media company Facebook Inc said on Thursday it reached the 1 billion active monthly users threshold last month, and is up by 45 mi llion us ers since June. Facebook, based in Menlo Park, California, hit the 1 billion milestone on Sept. 14 at 12:45 p.m. Pacific time, the company said on its website.

  • The Reserve Bank of India said on Thursday it accepted all 5 bids for 9.30 billion rupees at its one-day reserve repo auction, through which it absorbs excess liquidity from the banking system. Earlier in the day, it accepted all four bids for 68.5 billion rupees at its one-day repo auction through which it injects liquidity into the banking system.

  • By Saeed Azhar and Kelvin Soh SINGAPORE/ HONG KONG, Oct 4- Standard Chartered's.

  • Oct 4- Social media company Facebook Inc said on Thursday it reached the 1 billion active monthly users threshold last month, and is up more than 50 million users since June. Facebook, based in Menlo Park, California, hit the 1 billion milestone on Sept. 14 at 12:45 p.m. Pacific time, the company said on its website.