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  • --Kennesaw, Ga.- based Brand Energy& Infrastructure Services plans to issue a new $325 million senior secured second-lien credit facility. --We are assigning our issue-level rating of' CCC+' to the company's proposed $325 million second-lien term loan facility.

  • NY cotton tumbles as USDA hikes global stock estimate Thursday, 11 Oct 2012 | 4:22 PM ET

    *USDA hikes global ending stocks for 3rd month. NEW YORK, Oct 11- Cotton futures in New York fell their most in three weeks on Thursday after the U.S. Department of Agriculture raised its 2012/ 13 global ending stocks forecast for the fiber to a record high for a third consecutive month.

  • Where have 'Today' show viewers gone? Thursday, 11 Oct 2012 | 11:45 AM ET

    When the stay-at-home mom and her family visited New York from their home in Germantown, Md., they joined the crowd of fans outside the NBC morning show's Rockefeller Center studio.

  • Ga. labor dept. helps match job seekers, employers Thursday, 11 Oct 2012 | 9:57 AM ET

    ATLANTA-- The Georgia Department of Labor is teaming up with business and community leaders in two northwest Georgia counties to try to help job seekers get matched up with employers looking to fill vacant positions.

  • Oct 11- Cotton prices extended losses in early trade on Thursday after the U.S. government raised its inventory forecast for the season to end-July 2013 to a new record of close to 80 million 480- lb bales, reinforcing concerns about falling demand from China, the world's largest textile market.

  • Zep 4Q profit rises 79 pct despite sales drop Thursday, 11 Oct 2012 | 9:17 AM ET

    ATLANTA-- Zep Inc., which makes cleaners, pest and weed control products and disinfectants, said Thursday that its fiscal fourth-quarter net income jumped 79 percent despite a drop in revenue. For the quarter ended Aug. 31, the Atlanta- based company earned $7.3 million, or 33 cents per share, up from $4.1 million, or 18 cents per share, in the same quarter last year.

  • *To consolidate Connecticut- based operations in Atlanta, georgia. *Says expect to incur pre-tax charges of $35 to $40 million over the next 12 to 18 months. *Says is evaluating its long-term space needs in the Atlanta area.

  • Teachers make money selling materials online Thursday, 11 Oct 2012 | 5:03 AM ET

    SEATTLE-- Kristine Nannini spent her summer creating wall charts and student data sheets for her fifth grade class _ and making $24,000 online by selling those same materials to other teachers.

  • Oct 11- The U.S. Department of Agriculture has raised its 2012/ 13 global ending stock forecast for cotton to record highs for a third consecutive month, sending prices down and reinforcing concerns about weakening demand from China, the world's largest textile market.

  • US foreclosure filings hit 5-year low in September Thursday, 11 Oct 2012 | 12:14 AM ET

    It was the second-consecutive monthly decline in filings, although there remains a sharp divergence along state lines, according to a report Thursday by foreclosure listing firm RealtyTrac Inc..

  • Highlights from the Fed's US economic survey Wednesday, 10 Oct 2012 | 4:56 PM ET

    WASHINGTON-- A Federal Reserve survey released Wednesday found that the economy grew modestly in the late summer, bolstered by solid gains in housing. The report is based on anecdotal information from the regional districts and covers the period from mid-August to Sept. 28. The region's economy expanded modestly.

  • End of the line for returnable Coca-Cola bottle Wednesday, 10 Oct 2012 | 4:35 PM ET

    A small Coke bottler in Minnesota says it's stopping production of the bottles, which customers could return to get back a 20- cent deposit. The company in Winona, Minn., had been refilling the returnable bottles since 1932 but said it no longer makes business sense to continue doing so.

  • FedEx details major cost-cutting plan Wednesday, 10 Oct 2012 | 4:22 PM ET

    NEW YORK-- FedEx Corp., the world's second-largest package delivery company, on Wednesday detailed its plan to boost profit by $1.7 billion annually by shedding jobs, aircraft and underused assets. FedEx aims to reach that goal within three years through cost cuts and efficiency improvements.

  • News Summary: Final run for historic Coke bottle Wednesday, 10 Oct 2012 | 4:03 PM ET

    NEW YORK-- DRINK UP: A small Coke bottler in Minnesota says it will no longer make the 6.5- ounce returnable, glass bottles it had been making since 1932.. The Coca-Cola Co. notes that its 8- ounce recyclable glass bottles are nearly identical and still widely available.

  • Final run for 6.5-ounce returnable Coke bottle Wednesday, 10 Oct 2012 | 3:12 PM ET

    A small Coke bottler in Minnesota says it's stopping production of the bottles, which customers could return to get back a 20- cent deposit. The company in Winona, Minn., had been refilling the returnable bottles since 1932 but said it no longer makes business sense to continue doing so.

  • Fed: Housing lifts growth in most US regions Wednesday, 10 Oct 2012 | 2:22 PM ET

    WASHINGTON-- Stronger housing markets helped boost economic growth at the end of the summer in nearly every region of the United States, according to a Federal Reserve survey released Wednesday. The Fed said growth improved in 10 of its 12 regional banking districts from mid-August through September, while leveling off in one region and slowing in another.

  • Analyst downgrades Home Depot after strong gains Wednesday, 10 Oct 2012 | 11:33 AM ET

    NEW YORK-- Home Depot, the largest U.S. home-improvement retailer, should benefit substantially from the expected housing market recovery, according to an Oppenheimer analyst. But until the recovery starts to gain traction, Home Depot's shares are expected to trade sideways, the analyst said Wednesday, and downgraded the stock.

  • Alabama Power buys wind power from U.S. Midwest wind farms Wednesday, 10 Oct 2012 | 10:26 AM ET

    Oct 10- Alabama Power agreed to buy wind power from a second TradeWind Energy LLC wind farm to be constructed in the U.S.

  • Push for healthier truckers gains momentum Wednesday, 10 Oct 2012 | 10:21 AM ET

    DALLAS-- In the months after Doug Robinson started driving a truck, he noticed his clothes were increasingly more snug-fitting. Xpress, took part in a weight-loss challenge sponsored by the Truckload Carriers Association, the 321- pound, 6- foot-1-inch Robinson signed up.

  • Investors get 1st look at big FedEx cost cut plan Wednesday, 10 Oct 2012 | 8:46 AM ET

    NEW YORK-- Investors are driving up shares of FedEx Corp. after the world's second-largest package delivery company promised to boost profits by shedding jobs, aircraft and underused assets. FedEx plans to boost profit by $1.7 billion within three years. Express is where FedEx got its start in 1971, and is still the company's biggest segment by far.