GO
Loading...

United States

More

  • NEW YORK, Oct 3- Hedge fund manager Daniel Loeb built a major position in distressed Greek government bonds in September, according to a monthly report and quarterly letter he sent to his investors.

  • Russia's Lavrov skipped big powers' Iran meeting at UN Wednesday, 3 Oct 2012 | 7:17 PM ET

    *Russia may be irritated with calls for new sanctions-envoys* Israel has threatened military action against Iran By Louis Charbonneau.

  • Hershey vows to use only certified cocoa by 2020 Wednesday, 3 Oct 2012 | 7:10 PM ET

    PHILADELPHIA-- Candy maker Hershey is vowing to use only certified cocoa for all of its chocolate products by 2020 and accelerate programs to help eliminate child labor in the cocoa-producing regions of West Africa.

  • UPDATE 1-Ralcorp appoints activist investor to board Wednesday, 3 Oct 2012 | 7:00 PM ET

    Oct 3- Food company Ralcorp Holdings Inc said on Wednesday it appointed investor Keith Meister to its board of directors. Meister's firm, Corvex Management, revealed a stake in Ralcorp in August and urged the company to either sell itself, buy another company, or change its strategy nearly a year after Ralcorp rejected a takeover offer from ConAgra Foods Inc.

  • California wades into national labor debate Wednesday, 3 Oct 2012 | 6:59 PM ET

    The battle over Proposition 32 on the November ballot follows conflicts in Wisconsin, Ohio, Indiana and elsewhere where efforts to dilute the strength of organized labor have produced political tumult, a flood of TV ads and widespread demonstrations.

  • US SMALL/MIDCAPS-Energy shares drag as oil prices fall Wednesday, 3 Oct 2012 | 6:58 PM ET

    NEW YORK, Oct 3- Small- and mid-capitalization stocks were flat to slightly lower on Wednesday as shares of oil companies sank in line with a sharp fall in oil prices. Shares of Superior Energy Services were down 6 percent at $19.14.

  • DENVER, Oct 3- Attorneys for accused Colorado theater gunman James Holmes are demanding an investigation into the release of a recent booking photo of their client and leaks about a notebook he sent to his psychiatrist, court documents showed on Wednesday.

  • FRANKFURT/ NEW YORK, Oct 3- T-Mobile USA, which plans to merge with MetroPCS, will have to overcome technology hurdles to be able to take on bigger rivals Verizon Wireless, AT&T Inc and Sprint Nextel Corp.

  • UPDATE 2-Chip gear maker Applied Materials to cut jobs Wednesday, 3 Oct 2012 | 6:39 PM ET

    Oct 3- Applied Materials Inc said it would cut its workforce by 6 to 9 percent to reduce costs as it struggles with a slowdown in its chip manufacturing equipment business and troubles at its solar and display groups.

  • *Lawyer to amend suit, file new charges with California authorities. *New twist in case that shook up Silicon Valley. SAN FRANCISCO, Oct 3- A sexual harassment lawsuit that rocked Silicon Valley has taken another turn, with the Kleiner Perkins Caufield& Byers partner who filed the suit saying the firm told her on Monday to "leave and not come back."

  • Ocwen to buy Homeward Residential for $750 million Wednesday, 3 Oct 2012 | 6:27 PM ET

    ATLANTA-- Loan servicing company Ocwen Financial Corp. said Wednesday that it is buying Homeward Residential Holdings Inc. in a $750 million deal. Ocwen is buying the loan servicing company from private equity firm WL Ross& Co. LLC for $588 million in cash and $162 in Ocwen convertible preferred stock.

  • Ralcorp appoints activist investor to board Wednesday, 3 Oct 2012 | 6:25 PM ET

    Oct 3- Food company Ralcorp Holdings Inc said on Wednesday it appointed investor Keith Meister to its board of directors.

  • 3M ends $550M bid for Avery Dennison office unit Wednesday, 3 Oct 2012 | 6:19 PM ET

    NEW YORK-- 3 M Co. is ending its effort to buy Avery Dennison Corp.' s office and consumer products business, which would have given the company a huge portion of the U.S. labels market to go with its Post-It sticky notes business. 3 M agreed to buy the business in January for $550 million.

  • NuVasive cuts 3Q revenue outlook and stock sinks Wednesday, 3 Oct 2012 | 6:13 PM ET

    NEW YORK-- Orthopedic device maker NuVasive Inc. forecast disappointing third-quarter revenue on Wednesday, and its shares plunged in after-hours trading. NuVasive said it expects about $147 million in revenue in the third quarter. Shares of NuVasive dropped $5.63, or 24.9 percent, to $16.99 in late trading.

  • *Moscow lab complained some chips were faulty. Federal prosecutors in Brooklyn, New York unsealed an indictment charging 11 alleged participants in the network, as well as companies based in Houston, Texas, and Moscow, with illegally exporting high-tech components from the United States to Russian security agencies.

  • FDA: Ind. farm tied to salmonella outbreak unclean Wednesday, 3 Oct 2012 | 6:09 PM ET

    On Aug. 22, about a week after the FDA inspections, Chamberlain Farm Produce announced it had voluntarily recalled all of its cantaloupes due to concerns that some might be tainted with salmonella.

  • American Airlines, pilots resume contract talks Wednesday, 3 Oct 2012 | 6:08 PM ET

    FORT WORTH, Texas-- American Airlines is making a peace offering to its pilots as the two sides resume contract talks. The changes could amount to "a few percentage points" of pay for about one-third of the union's members, said Allied Pilots Association spokesman Gregg Overman. AMR Corp.' s American Airlines and the union agreed to resume contract talks this week.

  • News Summary: American Airlines loses union ruling Wednesday, 3 Oct 2012 | 6:05 PM ET

    CLEARED FOR TAKEOFF: A federal appeals court overturned a ruling that would have blocked a union election for passenger-service agents at American Airlines. The Communications Workers of America wants to represent them in contract bargaining with the company. National Mediation Board, 12-10680 at the 5th U.S. Circuit Court of Appeals in New Orleans.

  • NY judge gives poker money man jail for bank fraud Wednesday, 3 Oct 2012 | 6:04 PM ET

    Las Vegas resident Chad Elie, 32, was sentenced by U.S. District Judge Lewis A. Kaplan, who also ordered him to forfeit $500,000. The judge rejected a recommendation by the federal Probation Department that Elie be sentenced to probation, six months of home confinement and community service.

  • Fast Money Web Extra   Wednesday, 3 Oct 2012 | 6:00 PM ET
    Fast Money Web Extra

    The Fast Money crew offers special CNBC.com-only advice on your investments.