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  • Offutt scores TV success, ready to abandon it Friday, 26 Oct 2012 | 9:54 AM ET

    NASHVILLE, Tenn.-- Chris Offutt doesn't have HBO, so he's going to head over to a neighbor's house Sunday night to watch "Treme." He's felt the lure of Hollywood, heard the Sirens in the distance. And the 54- year-old Kentucky native has experienced enough success as a screenwriter and story editor on TV's brainiest shows that it felt real.

  • Police detain 1, seek motive in LA family shooting Friday, 26 Oct 2012 | 9:32 AM ET

    DOWNEY, Calif.-- Authorities say a man held for questioning matches the description of a gunman who killed three people and critically wounded two others at a family-owned fire extinguisher business and a relative's nearby home in suburban Los Angeles.

  • Output challenge denies Big Oil best of Q3 bonanza Friday, 26 Oct 2012 | 9:24 AM ET

    LONDON/ SAN FRANCISCO, Oct 26- Top oil companies in the western world are missing out on the full benefits of strong crude prices because of costly production outages and delays in bringing on new capacity, third-quarter results are set to show. ``Earnings are... down 13 percent year-on-year, worse than the 2 percent decrease in Brent prices- once again demonstrating the majors' poor margin capture in a strong commodity price environment and rising cost pressures,'' said Credit Suisse analysts in a note on the top European players.

  • Silvio Berlusconi faces verdict in tax fraud case Friday, 26 Oct 2012 | 6:18 AM ET

    MILAN-- An Italian court is set to deliver verdicts Friday against former Prime Minister Silvio Berlusconi and 10 others in a six-year-old tax fraud trial. Prosecutors have demanded a sentence of 3 years and eight months for Berlusconi and three years and four months for the chairman of his Mediaset conglomerate, Fedele Confalonieri.

  • INSIGHT-At Nestle, interacting with the online enemy Friday, 26 Oct 2012 | 6:00 AM ET

    VEVEY, Switzerland, Oct 26- It looks like mission control: in a Swiss market town, an array of screens in Nestle's headquarters tracks online sentiment. Other companies, such as PepsiCo, Danone and Unilever, have exploited the opportunities to promote themselves online.

  • *Apple to launch iPhone 5 in China in December. SAN FRANCISCO, Oct 25- Apple Inc delivered a second straight quarter of disappointing results and iPad sales fell well short of Wall Street's targets, marring its record of consistently blowing past investors' expectations.

  • *Shares down 2 pct in Seoul. SEOUL, Oct 26- South Korean technology powerhouse Samsung Electronics Co posted a fourth straight record quarterly profit- of $7.4 billion- with strong sales of its Galaxy range of phones masking sharply lower sales of memory chips.

  • *Apple full-year revenue jumps 45 pct to $156.5 bln. SAN FRANCISCO, Oct 25- Apple Inc delivered a second straight quarter of disappointing results and iPad sales fell well short of Wall Street's targets, marring its record of consistently blowing past investors' expectations.

  • Stamps.com climbs on 3Q income and higher outlook Friday, 26 Oct 2012 | 12:41 AM ET

    NEW YORK-- Shares of Stamps.com jumped Friday after posting strong third-quarter results and raised its guidance for 2012.. Net income far surpassed Wall Street estimates, and Stamps.com raised its net income and revenue forecasts for the full year.

  • BJ's Restaurants falls as 3Q results miss Street Friday, 26 Oct 2012 | 12:31 AM ET

    NEW YORK-- Shares of BJ's Restaurants fell to their lowest point in two years Friday and two industry analysts downgraded the chain after its third-quarter results fell short of expectations. THE SPARK: BJ's Restaurants Inc. reported Thursday that it earned 24 cents per share for the period ended Oct. 2.

  • Cymer posts lower 3Q net income, higher revenue Friday, 26 Oct 2012 | 12:14 AM ET

    SAN DIEGO-- Cymer Inc. said Friday that its third-quarter net income fell 13 percent as higher expenses, mainly for research and development, outpaced a slight revenue increase. Cymer's operating costs rose 21 percent from a year earlier to $62.7 million. Shares of Cymer climbed 49 cents to $79.66 in midday trading.

  • UPDATE 4-Amazon reports first quarterly net loss in years Thursday, 25 Oct 2012 | 11:39 PM ET

    *Amazon spending heavily on warehouses, Kindle technology, cloud business. SAN FRANCISCO, Oct 25- Amazon.com Inc reported its first quarterly net loss in more than five years on Thursday as the world's largest Internet retailer spent heavily and suffered from an economic slowdown in Europe.

  • UPDATE 1-California's GMO labeling proposal in tight race Thursday, 25 Oct 2012 | 11:34 PM ET

    LOS ANGELES/ KANSAS CITY, Oct 25- Heavy advertising spending by Monsanto Co and others opposed to a California ballot proposal to require labels on grocery products containing genetically modified organisms is paying off, according to a new poll that shows the measure has slipped into a virtual tie.

  • California's GMO labeling proposal in tight race Thursday, 25 Oct 2012 | 10:49 PM ET

    LOS ANGELES/ KANSAS CITY, Oct 25- Heavy advertising spending by Monsanto Co and others opposed to a California ballot proposal to require labels on grocery products containing genetically modified organisms is paying off, according to a new poll that shows the measure has slipped into a virtual tie.

  • UPDATE 3-Amazon reports weak results, shares slip Thursday, 25 Oct 2012 | 10:25 PM ET

    *Amazon spending heavily on warehouses, Kindle technology, cloud business. SAN FRANCISCO, Oct 25- Amazon.com Inc reported weak quarterly results on Thursday as the world's largest Internet retailer spent heavily and suffered from an economic slowdown in Europe.

  • UPDATE 3-KLA-Tencor sees lower revenue, uncertainty Thursday, 25 Oct 2012 | 9:51 PM ET

    SAN FRANCISCO, Oct 25- KLA-Tencor Corp posted fiscal first-quarter revenue below expectations and said current-quarter revenue would fall more as chipmakers, worried about the economy, hold off on new orders of manufacturing equipment.

  • SAN FRANCISCO, Oct 25- Apple Inc delivered another quarter of lackluster results and iPad sales fell well short of Wall Street targets, pushing its stock down more than 1 percent. Apple sold fewer iPads than anticipated as the economy remained weak and consumers waited for the new iPad mini, which will hit store shelves next month.

  • SAN FRANCISCO, Oct 25- KLA-Tencor Corp posted fiscal first-quarter revenue below expectations as chipmakers, worried about the economy, held off on new orders of manufacturing equipment. KLA-Tencor said first-quarter revenue was $721 million, compared with $796 million in the year-ago period.

  • UPDATE 2-Apple fails to wow as iPad sales disappoint Thursday, 25 Oct 2012 | 9:06 PM ET

    SAN FRANCISCO, Oct 25- Apple Inc delivered lackluster quarterly results and iPad sales fell short of Wall Street targets, pushing its stock slightly lower.

  • UPDATE 2-Amazon reports weak results, shares slip Thursday, 25 Oct 2012 | 9:06 PM ET

    *Amazon spending heavily on warehouses, Kindle technology, cloud business. SAN FRANCISCO, Oct 25- Amazon.com Inc reported weak quarterly results on Thursday as the world's largest Internet retailer spent heavily and suffered from an economic slowdown in Europe.