There weren't as many fireworks at the Memorial Day weekend box office, as newcomer "Tomorrowland" disappointed with a $32.2 million debut.» Read More
*High investor demands keeps costs down for sponsors* Issuance may hit $7 bln this year By Sarah Mortimer. LONDON, Oct 9- The market for catastrophe bonds has boomed in the past year and is likely to keep growing as investors search for higher returns.
--U.S. river cruise operator Viking Cruises Ltd. plans to issue $250 million in senior notes. On Oct. 9, 2012, Standard& Poor's Ratings Services assigned Woodland Hills, Calif.- based river cruise operator Viking Cruises Ltd. its' B+' corporate credit rating.
The Irvine, Calif. company said Monday after markets closed that its total revenue rose 9 percent to $448 million, well short of its initial forecast for $465 million to $485 million. It said sales of Sapien heart valves totaled about $124 million, including $55 million in U.S. revenue.
WASHINGTON-- Nine years after the Supreme Court said colleges and universities can use race in their quest for diverse student bodies, the justices have put this divisive social issue back on their agenda in the middle of a presidential election campaign.
NEW YORK-- An analyst on Tuesday cut shares of power provider Edison International to "Hold," saying the stock won't likely grow enough this year to warrant a "Buy" rating. Paul Fremont of Jefferies& Co. cited uncertainty regarding a pending case on power rates, rising costs and a long-shuttered nuclear plant as major factors in the downgrade.
A unionized job once meant a secure path to a middle-class life. President Barack Obama has signed a series of executive orders that encourage the use of union labor in federal construction projects, ease union financial reporting requirements and more.
SINGAPORE, Oct 9- The Asian naphtha price rebounded to a five-session high of $965 a tonne on Tuesday, with the intermonth premium recovering to reach $12.00 a tonne as demand from South Korea returned.
LOS ANGELES-- Mitt Romney may want to reconsider his campaign strategy involving the pint-size voters of tomorrow. The Republican presidential candidate skipped the chance to take part in Nickelodeon's "Kids Pick the President" special that includes President Barack Obama, said Linda Ellerbee, the show's host and executive producer.
SAN FRANCISCO-- California has set a state record for gasoline prices _ but the hikes may be slowing. The highest average price in the state, at $4.75, is in the San Luis Obispo, Atascadero and Paso Robles area.
SAN FRANCISCO-- Exactly one month from Election Day, Republican Mitt Romney and President Barack Obama are both declaring they will win a race for the White House that remains anything but clear. Their trails are crossing again in Ohio, the state that could decide the election, and signs of urgency are emerging from each campaign.
*Says has acquired savage bmw/mini of Ontario, located in Ontario, California. Penske Automotive Group, Inc., an international automotive retailer, today announced that the Company has acquired Savage BMW/MINI of Ontario, located in Ontario, California.
*Amazon's Epix deal includes pay-for-performance provision* Amazon pays more than Netflix on per-sub basis-execs* Amazon spends $1 bln/ yr on streaming video content-analyst By Alistair Barr.
Oct 9- Silicon Valley-based Workday Inc, which provides cloud-based human resource software, raised the expected price range of its IPO to $24- $26 per share from $21- $24 per share. Pleasanton, California- based Workday was co-founded by ex-PeopleSoft executives David Duffield and Aneel Bhusri, who left PeopleSoft following its acquisition by Oracle Corp.
NEW YORK, Oct 9- Vietnamese-born chef Charles Phan shares his passion for his homeland and tips about how to cook its delicious food in his first cookbook, "Vietnamese Home Cooking". Phan and his family fled to Guam from Vietnam in 1975 before settling in San Francisco a couple of years later. runs six other eateries in San Francisco.
BEIJING/ HONG KONG, Oct 9- China's leading telecom equipment makers accused in a U.S. congressional report of being a potential security risk may face fresh scrutiny in other markets, while American firms operating in China could be vulnerable to retaliation.
Oct 9- China's leading telecom equipment makers accused in a U.S. congressional report of being a potential security risk may face fresh scrutiny in other markets, while American firms operating in China could be vulnerable to retaliation.
SAN FRANCISCO-- State leaders _ and drivers _ hope to see gasoline prices drop soon, now that California officials have approved the release of "winter-blend" fuel that is expected to help bolster the state's supplies. Jerry Brown ordered it to allow so-called "winter-blend" gasoline to be sold in California earlier than usual to increase supply.
SAN JUAN CAPISTRANO, Calif.-- Federal regulators have disclosed that the proposed restart of the long-shuttered San Onofre nuclear power plant on California's coast could require an amendment to the plant's operating license, leading to an exhaustive review that could last months or even years.
*Lawmakers call for stronger FDA role. *Supreme Court may have to settle legal questions. Democratic lawmakers said the new crisis showed it was time for Congress to strengthen the FDA's hand in overseeing this side of the drug industry.
NEW YORK-- The price of oil rose more than 3 percent Tuesday on concerns about supplies from the Middle East and the North Sea. Benchmark crude gained $3.06, or 3.4 percent, to finish at $92.39 a barrel in New York. There is also concern that tensions between Turkey and Syria could escalate and disrupt supplies from the Middle East.