Eric Ibara, Senior Analyst at Kelley Blue Book, says August this year had one less selling day than less year, which could weigh on auto sales.» Read More
U.S. crude oil futures settled down nearly $2 a barrel as signs this week of slowing in the manufacturing and services sectors in Europe and China continued to weigh on investor sentiment. ,down 0.5 percent to C $33.00, Canadian Natural Resources, down 1.6 percent to C $30.22 and Encana Corp, off 2.6 percent to C $21.27.
NEW YORK, Oct 5- U.S. The U.S. Labor Department said the unemployment rate fell to a four-year low of 7.8 percent in September, down from 8.1 percent in August, as 114,000 jobs were added. "The big shock was the drop in the rate, the consensus number was right in line," said Sean Murphy, a Treasuries trader at Societe Generale in New York.
*Entergy and ITC continue transaction approval process with Mississippi public. *Itc says Mississippi public service commission to spin off Mississippi. electric transmission business, merge it into unit of ITC.
CALGARY, Alberta, Oct 5- Canadian cash crude prices weakened for the fourth straight session on Friday as production from the Alberta oil sands looked set to increase for next month.
NEW YORK-- One type of investor buys stocks when everyone is convinced that corporate earnings will fall. He buys because he thinks they're wrong and earnings will rise instead. Barclays Capital stock strategist Barry Knapp said Thursday, as the Standard& Poor's 500 inched higher yet again. "
SAN FRANCISCO/ LOS ANGELES, Oct 5- An unprecedented spike in California gasoline prices showed signs of easing on Friday, with some supply-stricken service stations preparing to reopen and retail rates poised to ease after topping $5 a gallon in many places.
Oct 5- Watson Pharmaceuticals Inc:. *Receives approval from European commission for pending actavis acquisition. *Says transaction remains subject to regulatory approval in the United States.
NEW YORK-- In December 2008, two of Bernard Madoff's most loyal employees met on a Manhattan street corner and fretted over a closely held secret that the rest of the world would learn about eight days later: that their boss was a con man for the ages.
On the New York Mercantile Exchange:. _ Benchmark oil closed down $1.83 to $89.88 per barrel. On the ICE Futures Exchange in London:.
WASHINGTON-- The Supreme Court agreed Friday to hear a dispute between a soybean farmer and Monsanto Co. over the company's efforts to limit farmers' use of its patented, genetically engineered Roundup Ready seeds.
A divided three-judge panel of the U.S. Circuit Court of Appeals for the District of Columbia said in August the Environmental Protection Agency's cross-state air pollution rule exceeded EPA's authority. The EPA asked the entire appeals court Friday to reconsider the case.
CHARLESTON, S.C.-- Tourism officials want to attract visitors to what they're calling undiscovered South Carolina _ rural areas away from such well-known tourist destinations as Charleston, Myrtle Beach and Hilton Head.
NEW YORK, Oct 5- Cotton prices eased on Friday on speculative selling as investors braced for a bumper U.S. crop, although moves were exaggerated by extremely low volumes. New York cotton for December delivery. settled down 0.83 percent at 71.49 cents per lb on ICE Futures U.S.
Oct 5- Zephyr Minerals Ltd:. *Says to purchase a 100% interest in the dawson gold project in Colorado, USA. *Says purchase price is $200,000 cash payable to celtic and $20,000 cash.
DES MOINES, Iowa-- An Ottumwa, Iowa investment manager is likely heading to prison after pleading guilty to charges of wire fraud and tax evasion stemming from a $1.1 million Ponzi scheme. John Francis Holtsinger pleaded guilty Friday during a hearing in federal court in Des Moines as part of a plea agreement with prosecutors.
NEW YORK, Oct 5- The S&P 500 broke a four-day string of gains, ending marginally lower on Friday as an unexpected drop in the U.S. unemployment rate was overshadowed by concerns about the coming earnings season, which begins with Alcoa next week.
TROY, Mich.-- ViSalus, Blyth Inc.' s weight loss, energy drink and nutritional supplement business, said Friday that it has named Yahoo executive Rich Riley to its board. ViSalus had meant to go public, but withdrew its initial public stock offering at the end of September, citing uncertain market conditions.
*EPA regs could cost economy $275 bln in 2010-2035. The Electric Power Research Institute estimated it would cost the U.S. economy up to $275 billion to meet current and pending U.S. Environmental Protection Agency regulations from 2010-2035 if the current timeline is followed.
NEW YORK, Oct 5- Currency speculators pared bets against the U.S. dollar in the latest week, retreating from its highest level in more than a year, according to data from the Commodity Futures Trading Commission released on Friday.
LITTLE ROCK, Ark.-- A group of residents in Independence and Faulkner counties are suing three natural gas drilling companies, claiming that waste fluids are improperly being pumped underneath land the companies don't own or lease. Houston- based Southwestern Energy Co. was the only company named in the original version of the suit, which was filed in August.