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  • Judge halts order allowing some Ky. liquor sales Thursday, 4 Oct 2012 | 10:00 AM ET

    LOUISVILLE, Ky.-- A federal judge has stopped enforcement of a ruling that would allow Kentucky grocery stores and other outlets to sell booze. District Judge John G. Heyburn II on Wednesday ruled that an appeal by state officials and package liquor stores is unlikely to succeed.

  • US rate on 30-year mortgage hits record 3.36 pct. Thursday, 4 Oct 2012 | 10:00 AM ET

    WASHINGTON-- Average U.S. rates on fixed mortgages fell to fresh record lows for the second straight week. The declines have led more homeowners to refinance, a trend that could help jumpstart the economy. Mortgage buyer Freddie Mac said Thursday that the rate on the 30- year loan dropped to 3.36 percent.

  • TABLE-U.S. Aug factory orders fell 5.2 pct Thursday, 4 Oct 2012 | 10:00 AM ET

    Oct 4- U.S. Commerce Department seasonally adjusted data on U.S. factory orders, shipments and unfilled orders. Initial orders for August durable goods were issued on Sept. 27. The Commerce Department said that semiconductor shipments are included in the computers and electronic products and other applicable aggregate totals.

  • Fortune Brands lets poison pill expire Thursday, 4 Oct 2012 | 10:00 AM ET

    Oct 4- Fortune Brands Home& Security Inc. said on Thursday that it let its poison pill, adopted in advance of last year's spin-off from Fortune Brands Inc, expire. The company's stock was off 1 cent at $27.75 in morning New York Stock Exchange trading.

  • RPT-TABLE-U.S. Aug factory orders fell 5.2 pct Thursday, 4 Oct 2012 | 10:00 AM ET

    Oct 4- U.S. Commerce Department seasonally adjusted data on U.S. factory orders, shipments and unfilled orders. Initial orders for August durable goods were issued on Sept. 27. The Commerce Department said that semiconductor shipments are included in the computers and electronic products and other applicable aggregate totals.

  • Company wins $10.2M grant for rural cell service Thursday, 4 Oct 2012 | 9:59 AM ET

    ARLINGTON, Ala.-- A small company won a $10 million federal grant to expand wireless service in one of Alabama's most isolated regions, a five-county area west of Montgomery where it's sometimes impossible to make a cellphone call.

  • Katrina victims take on hurricane tour operators Thursday, 4 Oct 2012 | 9:57 AM ET

    NEW ORLEANS-- Some New Orleans residents and city officials are pushing back against tour operators who bus out-of-towners into the city's Lower 9th Ward, where Hurricane Katrina unleashed a wall of water that pushed homes off foundations and stranded residents on rooftops when the levees failed.

  • *Murphy Oil says in "ongoing dialogue" with shareholders. NEW YORK, Oct 4- Murphy Oil Corp said on Thursday it has been talking with its shareholders, including Third Point LLC, whose fund manager Daniel Loeb has suggested Murphy shares could be higher.

  • Gap posts 6 pct increase in key Sept. sales figure Thursday, 4 Oct 2012 | 9:55 AM ET

    SAN FRANCISCO-- Clothing retailer Gap Inc. said Thursday that September revenue at its stores open at least a year rose 6 percent, beating Wall Street predictions and reversing a drop of 4 percent in the same month last year. Analysts polled by Thomson Reuters expected an increase of 5.3 percent.

  • NEW YORK, Oct 4- The amount of seasonally adjusted U.S. commercial paper contracted for a fifth consecutive week in the week ended Oct. 3, Federal Reserve data showed on Thursday. U.S. seasonally adjusted commercial paper outstanding fell $15 billion to $975.1 billion in the latest week.

  • Starwood Property: offering's proceeds at $368M Thursday, 4 Oct 2012 | 9:54 AM ET

    GREENWICH, Conn.-- Starwood Property Trust says a public offering of 16 million shares raised about $368 million in gross proceeds. Shares of Starwood Property Trust Inc., based in Greenwich, Conn., fell 43 cents, or 1.8 percent, to $23.20 in morning trading Thursday. Its shares hit a 52- week high of $24.56 in mid-September.

  • Key Rite Aid revenue metric slides in September Thursday, 4 Oct 2012 | 9:52 AM ET

    CAMP HILL, Pa.-- Rite Aid Corp.' s revenue from established locations slid less than 1 percent last month, as the introduction of cheaper generic drugs helped knock down pharmacy sales for the nation's third largest drugstore chain.

  • Kohl's Sept. revenue falls at established stores Thursday, 4 Oct 2012 | 9:50 AM ET

    MENOMONEE FALLS, Wis.-- Department store operator Kohl's Corp. said Thursday that revenue at stores open at least a year fell 2.7 percent in September, a bigger drop than Wall Street expected, hurt by lower demand for accessories and women's clothing. Analysts surveyed by Thomson Reuters predicted a 0.2 percent decline.

  • 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.

  • Calpine buys Texas power plant for $432 million Thursday, 4 Oct 2012 | 9:48 AM ET

    HOUSTON-- Calpine Corp. said Thursday that it will buy a natural gas-fired power plant in Texas for about $432 million to boost its presence in a state where the supply of surplus power is shrinking. Calpine is buying the 800- megawatt plant near Laguna Park in central Texas from Bosque Power Co. LLC.

  • LONDON, Oct 4- Consumer goods group Unilever Plc/ NV is looking at a possible sale of its Skippy peanut butter business based in the United States and Canada which could, if sold, fetch around $400 million.

  • 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.

  • VIENNA, Oct 4- Europe is unlikely to benefit soon from a coming golden age of natural gas as unconventional sources will not transform supply of the fuel and oil-linked contracts will keep its prices high, the head of the International Energy Agency said.

  • Oct 4- Shares of Berry Plastics Group Inc. The Evansville, Indiana- based company opened New York Stock Exchange trading at $15.25 after shares priced at the low end of the expected range at $16. It sold 29.4 million shares on Wednesday night, raising $470.4 million.

  • Stocks mostly higher on retail sales, labor report Thursday, 4 Oct 2012 | 9:42 AM ET

    NEW YORK-- Stocks are opening mostly higher on Wall Street following an encouraging report on the labor market and better sales from retail chains. The Dow Jones industrial average rose 35 points to 13,530 shortly after the opening bell Thursday.