CNBC's Phil LeBeau provides insight into a few transportation stories, including IATA forecasting airlines will make $19.7 billion in 2014, and the FCC hearing on cell phone usage on planes.» Read More
Oct 3- RPM International Inc's quarterly profit fell as the coatings and sealants maker incurred one-time charges. Profit fell to $33.9 million, or 26 cents per share, in the first quarter, from $76.8 million, or 59 cents per share, a year earlier. The Medina, Ohio- based company's shares closed at $26.63 on Tuesday on the New York Stock Exchange.
NEW YORK, Oct 3- U.S. stock index futures were little changed Wednesday as expectations that Spain will request a bailout offset concern over a slowing Chinese economy, with modest volume indicating a pause ahead of the release of key U.S. data. *Automatic Data Processing releases its September employment report at 8:15 a.m. ET.
*China, Europe services PMI disappoint. LONDON, Oct 3- Crude oil prices fell on Wednesday as weak economic data from Europe and China dimmed the outlook for demand, adding to concerns arising from Europe's festering debt crisis. Brent November crude futures had fallen 96 cents to $110.61 a barrel by 1054 GMT.
NEW YORK, Oct 3- The proportion of bullish U.S. investment advisors fell below 50 percent for the first time in five weeks, hitting 46.8 percent in the latest week versus 51 percent the prior week, according to a survey by Investors Intelligence on Wednesday.
Oct 3- Women's apparel retailer Bebe Stores Inc. The company, which sells merchandise under Bebe Sport, bbsp, 2 b bebe and its namesake brand, faces an inventory glut, with a 12.5 percent increase in inventory per square foot as of Sept. 29. The Brisbane, California- based company's shares closed at $4.67 on the Nasdaq on Tuesday.
NEW YORK, Oct 3- Best Buy Co Inc:. *Shares up 4 percent in premarket trading. ( (New York Treasury Desk; Tel: 223 6300)).
*Australia trade deficit balloons unexpectedly. LONDON, Oct 3- The euro zone's economic woes increased last month and China's slowdown looked likely to extend to a seventh quarter, surveys showed on Wednesday, but there was better-than-expected news on U.S. jobs.
NEW YORK, Oct 3- Applications for U.S. home mortgages surged last week as demand for refinancing rose to the highest level in more than three years, driven by a drop in interest rates to yet another record low, data from an industry group showed on Wednesday.
NEW YORK, Oct 3- Select seasonally adjusted historical data from Mortgage Bankers Association's weekly mortgage application survey:.
SAN FRANCISCO, Oct 3- California Governor Jerry Brown has a problem. Yet Molly Munger and Charles Munger Jr., children of Warren Buffett's business partner, Charles Munger, Sr., have together become Brown's worst nightmare as the November election approaches.
Mark Kalinowski of Janney Capital Markets raised DineEquity Inc.' s rating to "Buy" from "Neutral." Kalinowski also says that Wall Street will likely find DineEquity easier to understand once it closes on the sale of some Applebee's locations. DineEquity shares closed at $56.53 on Tuesday.
*Spread betters offering 179- 189 pence range. LONDON, Oct 3- Order books for the London stock market listing of Royal Bank of Scotland's insurance business, Direct Line Group, have been covered three days into a nine day investor roadshow, sources close to the transaction said on Wednesday.
*Retail trade rises 0.1 pct in August from July. BRUSSELS, Oct 3- Retail sales in the euro zone barely rose in August as motorists cut back spending on fuel during the normally busy driving months of the European summer, worried about the economy's slide towards recession.
*Quebecor Inc., Quebecor Media Inc. and Caisse de depot et placement du Quebec. Quebec's interest in Quebecor Media Inc. QMI held by cdp for $1.0 billion in cash.
WASHINGTON-- U.S. service companies, which employ nearly 90 percent of the workforce, likely grew more slowly in September than August. Economists expect the Institute for Supply Management non-manufacturing index dipped to 53.5 in September, from 53.7 in August, according to a survey of economists by FactSet.
*China, Europe services PMI disappoint. LONDON, Oct 3- Crude oil prices fell on Wednesday, as weak data from Europe and China dimmed the outlook for demand, while Europe's festering debt crisis added to the gloom. Brent November crude futures had fallen 96 cents to $110.61 a barrel by 1000 GMT.
*British Columbia Premier Christy Clark has issued a veiled threat to withhold electricity needed to operate controversial oil sands pipelines if the projects do not meet her demands.
The clashes broke out two days after Kyrgyzstan's Prime Minister Zhantoro Satybaldiyev travelled to the Kumtor gold mine operated by Canada's Centerra Gold Inc and gave assurances the venture would not be nationalised. "Bureaucrats in the government promised that they would take Kumtor back and it would work for the good of the people...
Oct 3- Malaysia's exports probably fell further in August, hit by weaker demand in China for its electronic products and lower commodity prices, economists polled by Reuters said, leaving the country more dependent on domestic demand to support growth.
*First female FTSE CEO to step down at year end. *Move sparks speculation of FT Group sale. The first female chief executive of a FTSE 100 company had previously declared that the famous pink-paged FT title would only be sold "over my dead body".