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  • US jobs figures reassure markets about economy Friday, 5 Oct 2012 | 9:09 AM ET

    In Europe, the FTSE 100 index of leading British shares was up 0.7 percent at 5,871 while Germany's DAX rose 1.2 percent to 7,397. The CAC-40 in France was 1.6 percent higher at 3,457.. The benchmark New York rate was $2.41 lower at $89.31 a barrel.

  • AP Exclusive: Wyo. Range gas lease buyout planned Friday, 5 Oct 2012 | 9:08 AM ET

    CHEYENNE, Wyo.-- A land conservation group has reached a long-sought agreement with a petroleum company to prevent a controversial gas drilling project inside a national forest by buying out a vast area of federal oil and gas leases in northwest Wyoming.

  • WRAPUP 3-US jobless rate tumbles to near 4-year low Friday, 5 Oct 2012 | 9:07 AM ET

    *Nonfarm payrolls rose 114,000 in September* Unemployment rate falls to 7.8 percent, lowest since 2009* Household survey shows most job gains since 1983* Average hourly earnings gain 7 cents* Report is second last before Nov. 6 elections By Lucia Mutikani.

  • US rattles Puerto Rico with bomb site cleanup plan Friday, 5 Oct 2012 | 9:07 AM ET

    SAN JUAN, Puerto Rico-- The U.S. government has a new fight in Vieques, the Puerto Rican island that was used as a Navy bombing range for decades. Under a proposal favored by the Navy, the cleanup of the area would be deemed complete even though about 200 acres has not been cleared of munitions debris, some potentially still live.

  • *European shares extend gains, Wall Street set to open higher. LONDON, Oct 5- European shares extended their gains and the dollar rose against the yen on Friday after a key jobs report from the United States showed its unemployment rate had dropped to 7.8 percent in September, its lowest point in nearly four years.

  • NHL lockout wipes out opening 2 weeks of season Friday, 5 Oct 2012 | 9:04 AM ET

    NEW YORK-- Stop if you've heard this one before: the NHL is losing games because of a lockout. In a widely anticipated move, the NHL announced Thursday that 82 games between opening night next week and Oct. 24 have been canceled because of the ongoing fight with the players' association that had already forced the league to eliminate the preseason schedule.

  • Avon Products chairman to step down Friday, 5 Oct 2012 | 9:03 AM ET

    NEW YORK-- Beauty products seller Avon Products said Friday that its chairman and former CEO Andrea Jung will step down at the end of the year, ending her 18- year tenure at the company. She was replaced as CEO by Johnson& Johnson executive Sherilyn S. McCoy in April but retained her chairman title.

  • Ahead of the Bell: Mercury Computer shares sink Friday, 5 Oct 2012 | 9:02 AM ET

    NEW YORK-- Shares of Mercury Computer Systems Inc. sank 17 percent before the opening bell Friday as analysts cut their expectations for future profits after the defense contractor cut its outlook for its most recent quarter.

  • Oct 5- The U.S. brokerage unit and a European unit of the former Lehman Brothers Holdings Inc said they settled a dispute over $38 billion in claims over client and creditor assets, a major step toward allowing customers and creditors to recover money.

  • Study: Free birth control leads to fewer abortions Friday, 5 Oct 2012 | 9:01 AM ET

    The project tracked more than 9,000 women in St. Louis, many of them poor or uninsured. Jeffrey Peipert of Washington University in St. Louis in a study published Thursday.

  • LONDON, Oct 5- The fall in the Iranian rial over the past year is the result of Tehran's economic mismanagement and sanctions imposed over its disputed nuclear programme, U.S.

  • LONDON, Oct 5- The booming business of transporting Bakken crude has thrown a lifeline to U.S. railroads, at a time when shipments of coal, their main commodity by volume, have fallen sharply. Coal accounted for just over 43 percent of rail car loadings by weight, and 25 percent of gross revenues, last year according to the Association of American Railroads.

  • Oct 5- Avon Products Inc said on Friday that Executive Chairman Andrea Jung, who was replaced as chief executive officer in April, has decided to step down from the board at the end of 2012, ending what became a tumultuous tenure in recent years. Fred Hassan will become Avon's nonexecutive chairman on Jan. 1.

  • *Zynga shares slide after warning, Facebook slips. *Sprint could counterbid on PCS- sources. NEW YORK, Oct 5- U.S. stocks were poised to rise at the open Friday, with the S&P 500 set to hit its highest since 2007, as a surprise drop in the jobless rate gives legs to this week's rally.

  • GM components too costly -Opel exec in paper Friday, 5 Oct 2012 | 9:00 AM ET

    FRANKFURT, Oct 5- General Motors' ailing European brand Opel believes there is significant potential to cut costs in manufacturing cars by using materials different from its parent, Opel's interim chief executive told a German newspaper. "GM has global requirements for parts and components that are unusual in the industry.

  • NEW YORK, Oct 5- The U.S. unemployment rate dropped to a near four-year low of 7.8 percent in September, a potential boost to President Barack Obama's re-election bid. RUSSELL PRICE, SENIOR ECONOMIST, AMERIPRISE FINANCIAL, DETROIT. ECONOMIST, RBC CAPITAL MARKETS, NEW YORK.

  • NEW YORK, Oct 5- Primero Mining Corp:.

  • Oil fluctuates after US jobs report Friday, 5 Oct 2012 | 8:56 AM ET

    The Labor Department said employers added 114,000 jobs in August. Benchmark oil is now down 44 cents to $91.27 per barrel in electronic trading in New York. A four percent jump on Thursday followed a 4 percent decline on Wednesday as traders assess the strength of global oil demand while watching development surrounding Syria in the Middle East.

  • NEW YORK, Oct 5- The U.S. unemployment rate dropped to a near four-year low of 7.8 percent in September, a potential boost to President Barack Obama's re-election bid. STORY: TABLE GRAPHIC: COMMENTS: JOHN KILDUFF, PARTNER, AGAIN CAPITAL LLC, NEW YORK. RON FLORANCE, MANAGING DIRECTOR OF INVESTMENT STRATEGY FOR WELLS FARGO PRIVATE BANK BASED IN SCOTTSDALE, ARIZONA.

  • NEW YORK, Oct 5- The U.S. unemployment rate dropped to a near four-year low of 7.8 percent in September, a potential boost to President Barack Obama's re-election bid. RON FLORANCE, MANAGING DIRECTOR OF INVESTMENT STRATEGY FOR WELLS FARGO PRIVATE BANK BASED IN SCOTTSDALE, ARIZONA. "It's a little confusing, to be honest with you.