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  • Stimulus measures boosted fund returns in 3Q Thursday, 11 Oct 2012 | 5:17 PM ET

    BOSTON-- There's not much good news for investors. Even so, the Standard& Poor's 500 index climbed 5.8 percent in the latest quarter, while U.S. stock mutual funds returned an average 5.3 percent, according to fund tracker Lipper Inc..

  • Oct 11- Canadian miner Ivernia Inc said it expects to restart production its lead mine in Western Australia in the second quarter of 2013, nearly two years after it suspended operations on concerns about lead contamination.

  • NY cotton tumbles as USDA hikes global stock estimate Thursday, 11 Oct 2012 | 4:22 PM ET

    *USDA hikes global ending stocks for 3rd month. NEW YORK, Oct 11- Cotton futures in New York fell their most in three weeks on Thursday after the U.S. Department of Agriculture raised its 2012/ 13 global ending stocks forecast for the fiber to a record high for a third consecutive month.

  • Oct 11- Shutterstock Inc soared 34 percent in its market debut, valuing the company at more than $700 million, as investors bet on strong demand for the company's stock images from multimedia customers, especially online.

  • Oct 11- Guggenheim Securities LLC has been ordered to pay a fine of $800,000 for failing to supervise two former traders who tried to hide a trading loss in 2008, Wall Street's industry-funded regulator said.

  • *Cooper Tire shares jump as much as 11 pct By Sumeet Chatterjee and Sagarika Jaisinghani Oct 11- Indian tire manufacturer Apollo Tyres. Shares of Cooper Tire jumped as much as 11 percent to $20.76, valuing the company at $1.3 b illion.

  • UPDATE 9-Sprint in talks on potential sale to Softbank Thursday, 11 Oct 2012 | 2:56 PM ET

    *Sprint, Clearwire soar in afternoon trade; MetroPCS flat. TOKYO/ NEW YORK, Oct 11- Japanese mobile carrier Softbank Corp may buy a majority stake in Sprint Nextel Corp to establish a foothold in the U.S. wireless market, in what could be the largest Japanese acquisition ever in America.

  • Oct 11- Shutterstock Inc soared 34 percent in its market debut, valuing the company at more than $700 million, as investors bet on strong demand for the company's stock images from multimedia customers, especially online.

  • *Sprint, Clearwire soar in afternoon trade, MetroPCS sinks. TOKYO/ NEW YORK, Oct 11- Japanese mobile carrier Softbank Corp may buy a majority stake in Sprint Nextel Corp to establish a foothold in the U.S. wireless market, in what could be the largest Japanese acquisition ever in America.

  • UPDATE 2-India's Apollo Tyres eyeing Cooper Tire-report Thursday, 11 Oct 2012 | 1:06 PM ET

    *Cooper Tire shares jump as much as 11 pct. is in the process of acquiring a controlling stake in U.S.-based Cooper Tire& Rubber Co in a deal valued at between $600 million and $800 million, India's Economic Times reported. Shares of Cooper Tire jumped as much as 11 percent to $20.76, valuing the company at $1.3 b illion.

  • *Sprint, Clearwire soar in early trade, MetroPCS sinks. TOKYO/ NEW YORK, Oct 11- Japanese mobile carrier Softbank Corp and U.S. operator Sprint Nextel Corp. are in talks about a deal that could see Softbank assume control of Sprint.

  • Oct 11- Guggenheim Securities LLC has been ordered to pay a fine of $800,000 for failing to supervise two traders who tried to hide a trading loss, Wall Street's industry-funded regulator said.

  • WAfrica Crude-Asian demand underpins values Thursday, 11 Oct 2012 | 11:46 AM ET

    LONDON, Oct 11- West African crude oil differentials held steady on Thursday, supported by several outstanding Asian tenders, which traders said could absorb up to four cargoes from the region. *Around 15 cargoes of Nigerian crude oil remained unsold for lifting in November, including Qua Iboe, Bonny Light, Bonga, and Forcados.

  • *Sprint, Clearwire soar in early trade, MetroPCS sinks. TOKYO/ NEW YORK, Oct 11- Japanese mobile carrier Softbank Corp is in talks to buy a majority stake in U.S. operator Sprint Nextel Corp for more than 1 trillion yen, according to a source with direct knowledge of the matter, adding yet another potential shake-up to the fast-changing U.S. wireless market.

  • Sprint confirms investment talks with Softbank Thursday, 11 Oct 2012 | 11:18 AM ET

    Oct 11- Sprint Nextel Corp confirmed that it is engaged in talks with Japan's Softbank Corp about a potential "substantial investment" in Sprint. This transaction could involve a change of control of Sprint, the company said in a statement. The company does not intend to comment on the matter further unless and until an agreement is reached, it said.

  • Oct 11- Shutterstock Inc soared as much as 32 percent in its market debut, a day after the online stock photography provider priced its shares above its expected range. Shutterstock shares were up 30 percent at $22.11 on the New York Stock Exchange in morning trade, valuing the company at more than $700 million.

  • Executive search firm Korn/Ferry's network hacked Thursday, 11 Oct 2012 | 10:45 AM ET

    Korn/Ferry said it had taken steps to contain the impact of the breach and was investigating the source of the attack. Reuters reported last month that Iranian hackers had repeatedly attacked Bank of America Corp, JPMorgan Chase& Co and Citigroup Inc over the past year as part of a broad cyber campaign.

  • Ivernia expects to restart Australian lead mine next year Thursday, 11 Oct 2012 | 10:28 AM ET

    Oct 11- Canadian base metal miner Ivernia Inc. Ivernia halted operations at the Magellan mine in April last year after lead was found in mud samples taken from shipping containers coming from the mine. Ivernia now plans to restart operations in stages, with full production targeted by the end of 2013, the company said in a statement on Thursday.

  • *Deal could be for $600 mln- $800 mln- India's Economic Times. *Cooper Tire shares jump as much as 11 pct. Shares of Cooper Tire, which had a market value of about $1.2 billion as of Wednesday's close, jumped as much as 11 percent on the New York Stock Exchange on Thursday, bringing the gain so far this year to about 45 percent.

  • *Sprint, Clearwire soar in early trade, MetroPCS sinks. TOKYO/ NEW YORK, Oct 11- Japanese mobile carrier Softbank Corp is in talks to buy a majority stake in U.S. operator Sprint Nextel Corp for more than 1 trillion yen, according to a source with direct knowledge of the matter, adding yet another potential shake-up to the fast-changing U.S. wireless market.