Gerard Cassidy, MD & banking analyst at RBC, says the Bank Of America will benefit from the rise in short-term interest rates.» Read More
NEW YORK-- HOLIDAY SALES FORECAST: The National Retail Federation, the nation's largest retail trade group, expects sales to rise 4.1 percent during the holiday shopping period in November and December.
Oct 2- Chrysler Group LLC, the smallest U.S. automaker, o n Tuesday said 142,041 vehicles were sold in September, up 12 percent from 127,336 a year ago, and the most sold in September since 2007.. All of the company's brands-- Chrysler, Jeep, Dodge, Ram Truck and Fiat-- posted sales increases in September, said Chrysler, an affiliate of Italy's Fiat SpA.
CHICAGO, Oct 2- Tyson Foods Inc:. *President of humane society of U.S. says to run for Tyson Foods board. *President of humane society of U.S. says to push Tyson for time frame to.
The actual numbers also will depend on how many states decide to expand Medicaid coverage like the overhaul requires. Medicaid is the state and federally funded program that provides coverage for the needy and disabled. The Supreme Court ruled earlier this year that individual states could opt out of this expansion.
NEW YORK-- Electronic payments processor Global Payments said Tuesday that it has completed its $413 million acquisition of smaller client Accelerated Payment Technologies. Global Payments Inc. announced the deal in August. Global Payments shares finished at $41.79 on Monday.
HOUSTON-- The electric power producer Dynegy Inc. has emerged from Chapter 11 bankruptcy protection. Dynegy filed for Chapter 11 in July after years of falling electricity prices and debt that surpassed $5 billion last year. As part of the restructuring, Dynegy Holdings and Dynegy Inc. were combined on Sept. 30.
SAN FRANCISCO, Oct 2- Professional social network LinkedIn Corp will let its users "follow" and receive updates from people outside their personal contact list, a move that could entice users to spend more time on its website.
NEW YORK, Oct 2- Redbook Research on Tuesday released the following seasonally adjusted weekly data on U.S. chain store sales:.
COLUMBUS, Ohio-- Shares of Express declined 17 percent in premarket trading Tuesday after the clothing retailer cut its forecast for the current quarter because of fewer shoppers in September and heavy discounting.
Oct 2- Cell Therapeutics Inc said U.S. health regulators granted orphan drug status to its brain cancer drug, sending the company's shares up 26 percent in premarket trading. It is estimated that there will be 10,000-12,000 new cases of GBM diagnosed in the United States this year alone, the company said, citing data from the National Cancer Institute.
NEW YORK, Oct 2- Illumina Inc:.
Oct 2- U.S. retail sales should rise 4.1 percent this holiday season, slower growth than in the past two years as mixed economic data and political uncertainty weigh on consumers, the world's largest retail trade association said. The forecast released on Tuesday by the National Retail Federation puts sales at $586.1 billion in November and December.
Jerry Brown on Monday for last-minute vetoes of bills that could have brought sweeping change to the state's large foreign-born population. They said signing those bills could have further distinguished California as immigrant-friendly compared to states such as Arizona and Alabama, which have been cracking down on illegal immigration.
CoreLogic, a private real estate data provider, also said Tuesday that prices rose 0.3 percent in August from July, the sixth straight monthly gain. Housing prices are rising in most areas, according to CoreLogic.
NEWARK, N.J.-- Authorities say an executive with the NBA's New Orleans Hornets has been charged with criminal possession of a weapon after a handgun was found in his checked baggage at New Jersey's Newark Liberty International Airport.
NEW YORK-- A Citi analyst on Tuesday raised his rating for Liberty Media Corp. to "Buy" from "Neutral," predicting that the company will soon take control of Sirius XM Radio Inc..
NEW YORK-- Stage actors always seem to get the attention in New York. The Pearl Theatre had a ribbon-cutting ceremony to celebrate moving into its new home near Times Square, while the Atlantic Theater Company reopened its main stage in Chelsea after an $8.3 million renovation.
LONDON, Oct 2- Goldman Sachs and Credit Suisse have emerged from the financial crisis as the biggest suppliers of brokerage services to the embattled hedge fund industry, a new study showed on Tuesday. Credit Suisse, which counts European hedge fund giant Brevan Howard as a key client, is in second place with $200 billion of assets.
JEFFERSON CITY, Mo.-- Republican challenger Todd Akin went on the offensive against Sen. Claire McCaskill in Missouri's Senate race on Monday, claiming that her husband's businesses profited from a federal stimulus act provision that helped finance low-income housing.
CHICAGO-- Mandolin player and composer Chris Thile learned the hard way that when you get a call from the 312 area code this time of year, you should probably answer the phone. Thile is among 23 recipients of this year's MacArthur Foundation "genius grants," which are given in a secrecy-shrouded process.