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Stocks are under pressure due to a forecast from the International Monetary Fund on Tuesday, which said that the global economy continues to weaken and that the recession in Europe could extend to developing nations. Shares of Alcoa are lower Wednesday after the aluminum maker cut its demand expectations for the year, largely because of a slowdown in China.
October 10- Following are terms and conditions. of a bond priced on Wednesday.
Oct 10- U.S. safety regulator on Wednesday issued a warning to consumers with repaired vehicles that they may have air bags that don't inflate in an accident. The National Highway Traffic Safety Administration said testing revealed the problem involving the sale of counterfeit air bags for use as replacement parts in vehicles involved in crashes.
BAE Systems plc and EADS N.V.. Termination of talks regarding the possible merger of BAE Systems and EADS.
*Alcoa beats expectations but cautions of slowdown. NEW YORK, Oct 10- U.S. stock index futures edged lower on Wednesday after Alcoa kicked off earnings season by warning of a slight slowdown in some markets, highlighting concerns about sluggish global growth, even as its quarterly results beat expectations. Alcoa shares lost 0.7 percent to $9.07 in.
NEW YORK, Oct 10- Cummins Inc:.
*US safety regulator issue warning to consumers regarding possible counterfeit. air bags used as relacement parts in cars involved in accidents. *Nhtsa says counterfeit replacement air bags may not deploy or expel metal.
WASHINGTON, Oct 10- Many U.S. companies are less optimistic about doing business in China even though sales there are still rising, and most of those firms are planning to increase investment, according to an annual survey of business executives released on Wednesday.
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.
*Doubts over German backing for $45 bln aerospace merger* UK Takeover Panel deadline at 1600 GMT* BAE shares down 0.9 pct By Sophie Sassard and Jason Neely.
NEW YORK, Oct 10- True Religion Apparel Inc:.
Oct 10- Danaher Corp and Cooper Industries agreed to sell their hand and power tools joint venture, Apex Tool Group, to Bain Capital for about $1.6 billion, joining the growing trend among U.S. conglomerates to shed non-core assets.
Oct 10- Record-high California retail gasoline prices began to ease on Wednesday, receding from nearly $5 a gallon, even as further refinery disruptions threatened to slow the decline. The average price of a gallon of regular gasoline in the state dipped by a half cent to $4.666, according to the AAA Fuel Gauge website, easing from the previous day's record.
*Alcoa beats expectations but cautions of slowdown. *Yum Brands defies China sluggish growth, raises outlook.
HOUSTON-- An airline passenger who says she's a law school student from Mexico has been arrested in a Texas heroin smuggling case. Federal prosecutors in Houston on Tuesday announced the arrest of 21- year-old Yessica Chanel Cabanillas-Torres, who remains in custody pending a detention hearing.
BETHESDA, Md.-- Room rates continued to climb during Host Hotels& Resorts' third quarter and occupancy improved as the lodging real estate investment trust's funds from operations climbed 12 percent. Funds from operations rose to $127 million, or 17 cents per share, for the period ended Sept. 7.
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.
WASHINGTON-- Car owners whose air bags have been replaced in the past three years may have had dangerous counterfeit bags installed, the Obama administration warned Wednesday.
*CVC, Partners Group, H.I.G. Capital invest more in debt. When Swedish buyout firm EQT bought BSN Medical earlier this year, another private equity house, Switzerland's Partners Group, lent the bandage-making business it had previously co-owned a chunk of the 1.8 billion euros needed to finance the deal.
Oct 10- Matador Resources Co:. *The borrowing base was increased to $200 million, up from the previous borrowing base of $125 million. *Plans to use increased borrowing capacity to continue to execute Eagle Ford drilling program in south Texas.