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  • INSTANT VIEW 3-U.S. service sector picks up in Sept-ISM Wednesday, 3 Oct 2012 | 10:16 AM ET

    THOMAS DI GALOMA, MANAGING DIRECTOR, NAVIGATE ADVISORS, STAMFORD, CONNECTICUT. WILLIAM LARKIN, FIXED INCOME PORTFOLIO MANAGER, CABOT MONEY MANAGEMENT, SALEM, MASSACHUSETTS. STEPHEN STANLEY, CHIEF ECONOMIST, PIERPONT SECURITIES, STAMFORD, CONNECTICUT.

  • INSTANT VIEW 2-U.S. service sector picks up in Sept-ISM Wednesday, 3 Oct 2012 | 10:09 AM ET

    NEW YORK, Oct 3- The pace of growth in the vast U.S. services sector picked up in September as new orders accelerated, though employment cooled, an industry report showed on Wednesday. WILLIAM LARKIN, FIXED INCOME PORTFOLIO MANAGER, CABOT MONEY MANAGEMENT, SALEM, MASSACHUSETTS. STEPHEN STANLEY, CHIEF ECONOMIST, PIERPONT SECURITIES, STAMFORD, CONNECTICUT.

  • INSTANT VIEW 1-U.S. service sector picks up in Sept-ISM Wednesday, 3 Oct 2012 | 10:08 AM ET

    NEW YORK, Oct 3- The pace of growth in the vast U.S. services sector picked up in September as new orders accelerated, though employment cooled, an industry report showed on Wednesday. STEPHEN STANLEY, CHIEF ECONOMIST, PIERPONT SECURITIES, STAMFORD, CONNECTICUT. "It's in line with the factory report on Monday.

  • TREASURIES-U.S. bonds erase most of a modest gain Wednesday, 3 Oct 2012 | 8:51 AM ET

    NEW YORK, Oct 3- U.S. Treasuries erased most of a small gain on Wednesday after the release of the ADP report showing stronger-than-expected hiring by U.S. companies.

  • NEW YORK, Oct 3- U.S. private employers added 162,000 jobs in September, topping economists' expectations, a report by a payrolls processor showed on Wednesday. TOM DI GALOMA, MANAGING DIRECTOR, NAVIGATE ADVISORS LLC, STAMFORD, CONNECTICUT. DAVID RESLER, CHIEF ECONOMIST, NOMURA SECURITIES, NEW YORK.

  • NEW YORK, Oct 3- U.S. private employers added 162,000 jobs in September, topping economists' expectations, a report by a payrolls processor showed on Wednesday. STORY: COMMENTS: DAVID RESLER, CHIEF ECONOMIST, NOMURA SECURITIES, NEW YORK. "It's hard to tell what it means for the BLS report because there's not a consistent correlation between the two.

  • NEW YORK, Oct 3- U.S. private employers added 162,000 jobs in September, topping economists' expectations, a report by a payrolls processor showed on Wednesday. SCOTT BROWN, CHIEF ECONOMIST, RAYMOND JAMES, ST. PETERSBURG, FLORIDA. FRED DICKSON, CHIEF MARKET STRATEGIST, D.A. DAVIDSON& CO.

  • NEW YORK, Oct 3- U.S. private employers added 162,000 jobs in September, topping economists' expectations, a report by a payrolls processor showed on Wednesday. OMER ESINER, CHIEF STRATEGIST, COMMONWEALTH FOREIGN EXCHANGE, WASHINGTON. JOHN BRIGGS, DIRECTOR, MARKETS, RBS, STAMFORD, CONNECTICUT.

  • NEW YORK, Oct 3- ADP national employment report shows U.S. employment increased by 162,000 private sector jobs in September. Reuters consensus forecast for ADP payroll change for September was for an increase of 143,000 jobs. STORY: COMMENTS: JOHN BRIGGS, DIRECTOR, MARKETS, RBS, STAMFORD, CONNECTICUT.

  • TREASURIES-Bonds slip on stronger-than-forecast data Wednesday, 3 Oct 2012 | 12:42 AM ET

    *ADP payrolls report slightly stronger than forecast. NEW YORK, Oct 3- U.S. "There's rate-locking and traders are adding to steepening exposure," said Tom di Galoma, managing director at Navigate Advisors LLC in Stamford, Connecticut. "

  • Mohegan Sun to pay up to $10M in job cuts Wednesday, 3 Oct 2012 | 12:14 AM ET

    UNCASVILLE, Conn.-- The parent company of the Mohegan Sun casinos says it will pay between $8 million and $10 million in severance costs as it cuts 282 jobs in Connecticut immediately and another 46 at the end of the month. The Mohegan Tribal Gaming Authority said in a regulatory filing that most of the costs will be recorded in its fourth quarter in cash payments.

  • By Sarah N. Lynch and Alexandra Alper. WASHINGTON, Oct 2- Two Senate Republicans on Tuesday slammed Treasury Secretary Timothy Geithner for failing to wean U.S. firms off a key British benchmark interest rate that he knew was being rigged, resulting, the lawmakers said, in costly litigation that hurts American taxpayers.

  • By Sarah N. Lynch and Alexandra Alper. WASHINGTON, Oct 2- Two Senate Republicans on Tuesday slammed Treasury Secretary Timothy Geithner for failing to wean U.S. firms off a key British benchmark interest rate that he knew was being rigged, resulting, the lawmakers said, in costly litigation that hurts American taxpayers.

  • NEW YORK, Oct 2- The chairman of the U.S. board that sets accounting standards for state and local governments will retire next June, a year ahead of the end of his term and as controversial new standards for pensions start kicking in.

  • BRIEF-Mohegan Tribal Gaming to reduce workforce Tuesday, 2 Oct 2012 | 4:32 PM ET

    Oct 2- Mohegan Tribal Gaming Authority:. *Gaming- on September 27 announced the implementation of a workforce. *Gaming says reduction at its Uncasville, Connecticut property of.

  • Auto sales, home prices help buoy weak US economy Tuesday, 2 Oct 2012 | 4:27 PM ET

    WASHINGTON-- The U.S. economy is looking more resilient, thanks in part to encouraging signs for the two most expensive purchases most Americans make: cars and homes. Cheap loans and a bounty of fuel-efficient models enticed people to buy new vehicles at a brisk pace last month.

  • Resorts, Mohegan casinos launch linked program Tuesday, 2 Oct 2012 | 4:18 PM ET

    Resorts has begun a new joint marketing program in which its gamblers and those two other Mohegan-owned casinos in Connecticut and Pennsylvania can use rewards points at any of the three destinations. The company will now let gamblers use their credits at Resorts, as well as Mohegan Sun in Connecticut and Mohegan Sun at Pocono Downs in Pennsylvania.

  • Analyst downgrades Starwood on slow global economy Tuesday, 2 Oct 2012 | 3:41 PM ET

    NEW YORK-- An analyst cut his rating on shares of Starwood Hotels& Resorts Worldwide Inc. on Tuesday because of the weaker global economy. Raymond James' William Crow lowered his rating to "Outperform" from "Strong Buy" for the operator of the Sheraton, Westin, W and St.

  • TREASURIES-Prices edge up, jobs data in focus Tuesday, 2 Oct 2012 | 3:21 PM ET

    Treasuries prices ended slightly higher on Tuesday as investors waited on key employment data scheduled for later this week and as Spain appeared to be on track, if not yet ready, to get assistance to ease its debt crisis.

  • By Chris Reese and Ana Nicolaci da Costa ADVISORY- Reuters plans to discontinue its daily report on the money markets in New York as of Oct. 15. NEW YORK/ LONDON, Oct 2- The U.S. Treasury sold $40 billion of four-week bills at a high rate of 0.1 percent, up from 0.055 percent in a similar sale last week and the highest since a four-week bill auction on Sept. 5.