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  • Stock market's big seesaw gives investors pause Saturday, 25 Oct 2014 | 12:06 AM ET

    NEW YORK— Sometimes a little fear is healthy for stock investors. Nine days ago, after a series of sharp sell-offs, the Standard& Poor's 500 index was down 7.4 percent from its September record as fears of a global economic slowdown intensified. "It's important to have these periods of scare and fear," says Joe Quinlan, chief market strategist for U.S. Trust.

  • DIARY - Top economic Events to Nov 6 Friday, 24 Oct 2014 | 8:01 PM ET

    FRANKFURT- Deutsche Bundesbank Board Member Andreas Dombret to give press conference at the Bundesbank in Frankfurt- 1200 GMT. FRANKFURT- ECB Vice-president Vitor Constancio and Supervisory Board Chair Daniele Nouy to hold a press conference on the results of the Comprehensive Assessment- 1030 GMT. LONDON- Bank of England Deputy Governor Minouche Shafik...

  • SAN FRANCISCO/ BOSTON, Oct 24- Amazon.com Inc's once fairy-tale ride on Wall Street has hit its most jarring bump yet. Amazon missed expectations across the board- on margins, on its net loss and on revenue. Benkendorf unloaded his Amazon holdings a year ago and said he would be skeptical of future involvement even if the stock falls further.

  • Regulators close small Illinois bank Friday, 24 Oct 2014 | 6:30 PM ET

    The Federal Deposit Insurance Corp. said Friday that it has taken over The National Republic Bank of Chicago, based in Chicago. State Bank of Texas, based in Dallas, has agreed to buy about $626.1 million of the failed bank's assets and assume all of National Republic Bank's deposits. National Republic Bank is the fifth FDIC- insured institution to fail in...

  • NEW YORK, Oct 24- Market fluctuations eased on Friday and the Standard& Poor's 500 index ended its best week in almost two years as fears dwindled that the first Ebola diagnosis in New York could lead to widespread contagion in the nation's financial capital. "Ebola is really center stage as the No. 1 fear of the market right now because of the immediate reaction...

  • Market jolt is reality check for investors Friday, 24 Oct 2014 | 3:52 PM ET

    NEW YORK— Sometimes a little fear is healthy for stock investors. Nine days ago, after a series of sharp sell-offs, the Standard& Poor's 500 index was down 7.4 percent from its September record as fears of a global economic slowdown intensified. "It's important to have these periods of scare and fear," says Joe Quinlan, chief market strategist for U.S. Trust.

  • Fitch upgrades Delta's credit rating Friday, 24 Oct 2014 | 1:36 PM ET

    CHICAGO— Fitch is upgrading Delta's credit rating, citing its improved balance sheet, solid operating performance and better-than-expected free cash flow. Fitch boosted Delta Air Lines Inc.' s issuer default rating one notch in junk status to "BB" from "BB-." The Atlanta company's stock added $1.11, or 2.9 percent, to $39.03 in Friday afternoon trading.

  • Oct 24- Procter& Gamble Co on Friday said it would sell its Duracell battery business, probably through a split-off into a separate company, as it looks to focus on faster-growing brands. On a conference call, Chief Financial Officer John Moeller said the company had sold or discontinued 11 brands in the latest quarter and 25 in the last five quarters.

  • SunCoke reports 3Q loss Friday, 24 Oct 2014 | 8:12 AM ET

    LISLE, Ill. _ SunCoke Energy Inc. on Friday reported a loss of $3.6 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • UPDATE 1-P&G to exit Duracell battery business Friday, 24 Oct 2014 | 8:08 AM ET

    Oct 24- Procter& Gamble Co said it would exit its Duracell battery business, likely through a splitoff into a separate company, as it looks to focus on faster-growing brands. The household products maker also said on Friday that it had agreed to sell its interest in a China- based battery joint venture for an undisclosed amount. P&G said in September that it would...

  • Ventas reports 3Q results Friday, 24 Oct 2014 | 7:42 AM ET

    CHICAGO _ Ventas Inc. on Friday reported a key measure of profitability in its third quarter. The Chicago- based real estate investment trust said it had funds from operations of $332.8 million, or $1.12 per share, in the period. The average estimate of analysts surveyed by Zacks Investment Research was for funds from operations of $1.11 per share.

  • P&G to split off Duracell battery business Friday, 24 Oct 2014 | 7:15 AM ET

    Oct 24- Procter& Gamble Co said it would split off its Duracell battery business into a separate company as it looks to focus on its faster-growing brands. Net income attributable to Procter& Gamble fell to $1.99 billion, or 69 cents per share, in the first quarter ended Sept. 30 from $3.03 billion, or $1.04 per share, a year earlier. The maker of Pampers diapers and Tide...

  • Oct 23- A Chicago federal judge on Thursday rejected Northrop Grumman Corp's bid to dismiss a lawsuit by a former employee who accused the defense contractor of defrauding the U.S. government in performing a contract to develop a missile defense system for commercial aircraft. District Judge Manish Shah said the employee, Illinois resident Leo Danielides,...

  • Calamos Asset Management posts 3Q profit Thursday, 23 Oct 2014 | 7:18 PM ET

    NAPERVILLE, Ill. _ Calamos Asset Management Inc. on Thursday reported net income of $3.4 million in its third quarter. The Naperville, Illinois- based company said it had profit of 18 cents per share. Calamos Asset Management shares have risen slightly since the beginning of the year.

  • Hub Group misses Street 3Q forecasts Thursday, 23 Oct 2014 | 6:42 PM ET

    LOMBARD, Ill. _ Hub Group Inc. on Thursday reported third-quarter earnings of $4.5 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 54 cents per share. Analysts expected $923.8 million, according to Zacks.

  • Sears refutes store-closing report Thursday, 23 Oct 2014 | 6:34 PM ET

    NEW YORK— Sears Holdings Corp. discredited a report Thursday that says it will be shuttering 116 Sears and Kmart stores, resulting in the layoffs of more than 6,000 workers. Broken down, closures include 55 Kmart stores, 30 Sears stores and 31 Sears Auto Center locations, according Seeking Alpha, citing liquidation sale notices. In an email sent to The Associated...

  • Echo Global Logistics tops Street 3Q forecasts Thursday, 23 Oct 2014 | 5:24 PM ET

    CHICAGO _ Echo Global Logistics Inc. on Thursday reported third-quarter earnings of $5.5 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 22 cents per share. Echo Global Logistics expects full-year revenue in the range of $1.16 billion to $1.18 billion.

  • Alcoa sells stake in South Carolina smelter Thursday, 23 Oct 2014 | 4:50 PM ET

    Alcoa is selling its stake in a South Carolina aluminum smelter to Century Aluminum Co. for $67.5 million. New York- based Alcoa said in a statement that while Mt. Chicago- based Century Aluminum said Thursday that buying Alcoa's 50.3 percent stake makes it the full owner of the smelter.

  • DeVry tops Street 1Q forecasts Thursday, 23 Oct 2014 | 4:48 PM ET

    DOWNERS GROVE, Ill. _ DeVry Education Group Inc. on Thursday reported profit of $20.4 million in its fiscal first quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 32 cents per share. Analysts expected $455.4 million, according to Zacks.

  • Stericycle tops Street 3Q forecasts Thursday, 23 Oct 2014 | 4:45 PM ET

    LAKE FOREST, Ill. _ Stericycle Inc. on Thursday reported third-quarter net income of $82.8 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.06 per share. Analysts expected $663.3 million, according to Zacks.