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  • Align Tech slumps on 3Q estimate and 4Q outlook Wednesday, 17 Oct 2012 | 8:10 PM ET

    NEW YORK-- Align Technology Inc., which makes the Invisalign clear braces system, slumped Wednesday after the company gave disappointing estimates for its third-quarter results and offered a weak fourth-quarter forecast. Align Technology shares skidded $7.05, or 20 percent, to $28.36 in aftermarket trading following the announcement.

  • NY philanthropist freed on bail after court ruling Wednesday, 17 Oct 2012 | 8:06 PM ET

    NEW YORK-- An opera-loving philanthropist convicted in New York of a multimillion-dollar fraud has been freed on bail to await the outcome of his appeal. Alberto Vilar was freed Wednesday on $10 million bail from a federal lockup in Fort Dix, N.J. He'll be required to wear an electronic bracelet, as he was before his November 2008 conviction.

  • MannKind Corp. plans public stock offering Wednesday, 17 Oct 2012 | 6:40 PM ET

    VALENCIA, Calif.-- Shares of MannKind Corp. fell sharply in after-hours trading Wednesday after the diabetes drug developer said it is planning a public offering of stock and warrants. MannKind said that it intends to sell common shares and warrants to purchase common shares in the underwritten offering.

  • Sen. Mitchell appointment in Calif. blast opposed Wednesday, 17 Oct 2012 | 5:57 PM ET

    Eight people died and 38 homes were destroyed in the gas-fueled inferno that tore through the bedroom community of San Bruno on Sept 9, 2010 after one of PG&E's pipelines ruptured.

  • Intel, Dean Foods, PulteGroup are market movers Wednesday, 17 Oct 2012 | 5:53 PM ET

    NEW YORK-- Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:. Quest Diagnostics Inc., down $3.62 at $59.75. Dean Foods Co., up $1.92 at $16.96.

  • Surge in US home construction could lift economy Wednesday, 17 Oct 2012 | 5:33 PM ET

    U.S. home construction is making a comeback that could invigorate the economy's still-weak recovery. Builders last month started construction on single-family houses and apartments at the fastest rate in more than four years, the Commerce Department said Wednesday.

  • American Express profit inches higher in 3Q Wednesday, 17 Oct 2012 | 4:21 PM ET

    LOS ANGELES-- American Express Co. said Wednesday that its net income rose 1 percent in the third quarter, aided by lower expenses and increased spending by the credit card issuer's customers. In the second quarter, American Express' revenue grew 5 percent from a year earlier.

  • California foreclosure notices fall to 5-year low Wednesday, 17 Oct 2012 | 4:15 PM ET

    SAN DIEGO-- Home foreclosure activity in California fell to a new five-year low in the third quarter as rising prices eased pressure on homeowners and lenders, a research firm said Wednesday.

  • Big Bird costumes hot sellers for Halloween Wednesday, 17 Oct 2012 | 3:28 PM ET

    NEW YORK-- Can't figure out how to dress as a binder full of women for Halloween? The Yellow One is flying off the shelves after Mitt Romney's threat to do away with government support for PBS.

  • St. Jude falls on FDA concerns, sales estimate Wednesday, 17 Oct 2012 | 3:26 PM ET

    NEW YORK-- Shares of St. Jude Medical Inc. declined Wednesday after the medical device maker cut its 2012 revenue estimate and said it may get a warning from federal regulators about a defibrillator plant in California.

  • Earnings roundup: St Jude Medical, Amphenol Wednesday, 17 Oct 2012 | 3:21 PM ET

    Among the earnings stories for Wednesday, Oct. 17, from The Associated Press:. _ Medical device maker St. Jude Medical Inc. reported third-quarter earnings that beat expectations, though company shares slumped as the executives warned that the company could receive a regulatory warning over a California manufacturing plant.

  • Syria's wealthy businesses feel civil war squeeze Wednesday, 17 Oct 2012 | 3:17 PM ET

    CAIRO-- Syria's wealthy, long cultivated by President Bashar Assad as a support for his regime, are seeing their businesses pummeled by the bloody civil war. Assad may not have lost the backing of Syria's business elite, but some are losing faith.

  • Parker Hannifin to buy Sea Recovery, no terms Wednesday, 17 Oct 2012 | 3:10 PM ET

    CLEVELAND-- Parker Hannifin Corp., which makes industrial hoses, airplane wheels and other products, said Wednesday that it has agreed to buy Sea Recovery from Denmark's Danfoss A/S. Cleveland- based Parker Hannifin will assume ownership of the business on Nov. 1. Parker Hannifin shares rose $1.85, or 2.3 percent, to $83.82 in afternoon trading Wednesday.

  • Fla. man charged in NY dinosaur fossils case Wednesday, 17 Oct 2012 | 2:34 PM ET

    MIAMI-- A Florida man was charged Wednesday with smuggling dinosaur fossils into the United States, including a nearly complete Tyrannosaurus Bataar skeleton from Mongolia, federal prosecutors said.

  • SEC launches inquiry of bankrupt San Bernardino Wednesday, 17 Oct 2012 | 1:27 PM ET

    SAN BERNARDINO, Calif.-- Federal regulators are looking into the finances of San Bernardino as the city makes its way through bankruptcy proceedings. The U.S. Securities and Exchange Commission has launched an informal inquiry, the Los Angeles Times reported Wednesday.

  • US box office gains momentum in 4Q Wednesday, 17 Oct 2012 | 1:20 PM ET

    LOS ANGELES-- A stronger than expected start to movie theater attendance in the fourth quarter and a smaller decline in the third quarter than forecast prompted a Nomura analyst to tweak his profit estimate for Regal Entertainment Group on Wednesday.

  • Extravagant Home Features of the One Percent Wednesday, 17 Oct 2012 | 1:07 PM ET

    Home theaters and wine cellars have trickled down to the masses. What follows are truly exceptional features that you won’t see in just any mansion!

  • Check Point Software posts higher 3Q earnings Wednesday, 17 Oct 2012 | 1:03 PM ET

    SAN CARLOS, Calif.-- Check Point Software Technologies Ltd. said Wednesday that its third-quarter net income and revenue grew thanks to growing demand for its Internet security software.

  • Tamminen: The New Politics May Be Hazardous to Your Health Wednesday, 17 Oct 2012 | 12:28 PM ET

    There are many approaches to sustainability challenges, so an robust debate about how to reduce pollution and make the country more energy self-sufficient is indispensable, but there can’t be a fair hearing of these choices when one side is allowed to shout while the other can only whisper.

  • Ozzie Smith to auction Gold Gloves Wednesday, 17 Oct 2012 | 11:59 AM ET

    LAGUNA NIGUEL, Calif.-- Hall of Famer Ozzie Smith is planning to auction his 13 Gold Gloves and a pair of World Series rings he received from the St. Louis Cardinals in retirement.