Andres Garcia Amaya, JPMorgan Funds, discusses how to play the Fed's next move and financials now; and Citi removed Wal-Mart from its "top picks" list, with the FMHR traders.» Read More
BOSTON, Nov 1- Massachusetts adopted new regulations on Thursday that it said will allow it to keep a closer eye on compounding pharmacies, a class of drug supplier linked to the U.S. meningitis outbreak that has so far killed 29 people.
LOS ANGELES, Nov 1- First Solar Inc, the biggest U.S. solar panel maker, on Thursday posted a 55 percent drop in third-quarter net earnings due to restructuring charges and lower revenue.
WASHINGTON, Nov 1- The federal government will cover 100 percent of emergency power and public transportation costs through Nov. 9 for the areas of New York and New Jersey that were hit hard by superstorm Sandy, officials said on Thursday.
MEXICO CITY, Nov 1- World finance chiefs this weekend will press the United States on how it can prevent its fiscal problems from hitting the global economy and will seek reassurance from Europe that it has a grip on its debt crisis.
Nov 1- New York Mayor Michael Bloomberg on Thursday endorsed President Barack Obama for a second term, citing the importance of his record on climate change, particularly in the aftermath of the devastating blow dealt to the New York area by storm Sandy.
NEW YORK, Nov 1- U.S. stocks jumped 1 percent on Thursday as bullish consumer confidence and private-sector jobs data gave investors reason to cheer following superstorm Sandy's devastating sweep through the U.S. The Dow Jones industrial average rose 136.16 points, or 1.04 percent, to end unofficially at 13,232.62.
Nov 1- Nearly 4.5 million homes and businesses in 12 U.S. states remained without power on Thursday afternoon, three days after Hurricane Sandy battered the U.S. East Coast, federal data showed. That was down about 200,000 from the 4.7 million customers the U.S. Department of Energy reported as being out earlier on Thursday.
WASHINGTON, Nov 1- CACI International Inc's shares surged more than 7 percent on Thursday after the U.S. government contractor said it expects to continue to grow in its current fiscal year despite the challenging U.S. budget environment.
LONDON, Nov 1- Banks will have to hold more capital after recent hefty fines, trading losses, money laundering and rate-rigging showed that operational risks are not being covered properly. U.S. energy regulators this week proposed fining the bank $470 million for alleged rigging of California's power markets.
WASHINGTON, Nov 1- CACI International Inc's shares surged more than 5 percent on Thursday, a day after the provider of services and systems to the U.S. government reported strong quarterly earnings and said it expects to continue to grow despite the difficult U.S. budget environment.
*China factory surveys show country's economy gaining traction. U.S. shares followed China's stock markets higher after official and private China manufacturing surveys for October suggested China's economy is finally regaining traction.
NEW YORK, Nov 1- Brent crude prices fell on Thursday on returning North Sea supply and euro-zone concerns, while U.S. gasoline edged higher as support from supply disruptions after super storm Sandy countered any pressure from data showing rising inventories.
*Exodus of talent and money from Russia. Russia is exporting three things in great quantity, says a leading Moscow banker: natural resources, capital and people. Only the first could be regarded as healthy and sustainable; the other two imply that oligarchs and ordinary citizens alike are turning their back on Putin's Russia.
SEATTLE, Nov 1- Days after launching Windows 8, Microsoft Corp is mounting a strong campaign to win over the software developers it needs to kick-start its new operating system. A lack of apps is Microsoft's Achilles heel as it attempts to catch Apple Inc and Google Inc in the rush toward mobile computing.
*Dow up 0.8 pct, S&P 500 up 0.9 pct, Nasdaq up 1.3 pct. NEW YORK, Nov 1- U.S. stocks rose 1 percent on Thursday as bullish consumer confidence and private-sector jobs data gave investors reason to cheer following superstorm Sandy's devastating sweep through the U.S.
Oct. 2- Danish shipping group Torm A/S is forced to reach a restructuring agreement with its banks over its $1.8 billion bank debt. Aug. 9- Britain's oldest shipping firm, Stephenson Clarke Shipping Ltd, goes into liquidation after nearly 300 years of trading.
Nov 1- New York Mayor Michael Bloomberg on Thursday endorsed President Barack Obama for a second term, citing the importance of Obama's record on climate change, particularly in the aftermath of the devastating blow dealt to the New York area by storm Sandy.
*Yen dips as risk appetite increases, Japan outlook weighs. NEW YORK, Nov 1- The U.S. dollar rose against the yen, while commodity-linked currencies also firmed o n T hursday as risk appetite improved after better-than-expected U.S. jobs data, which suggested the world's largest economy was on a more stable path to recovery.
NEW YORK, Nov 1- When the National Hurricane Center declared Sandy a ``post-tropical storm'' just before it made landfall, a lot of homeowners across New Jersey, New York, Connecticut and Maryland may have saved a lot of money.
WASHINGTON-- Amtrak may resume service between New York City and Boston on Friday if commuter rail tracks damaged by Superstorm Sandy are repaired in time, Joseph Boardman, the railroad's president, said late Thursday. The storm flooded two train tunnels under the Hudson River and four under the East River.