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  • *Gulf airlines using Italy as base for expansion. Italy is Europe's fourth largest travel market, one of the world's top tourist destinations and its thriving fashion and leather industry underpin demand for business travel. That is taking passengers away from Germany's Lufthansa, British Airways and Air France-KLM in Europe, and Delta Air Lines and American...

  • NY reports 7 deals for clean energy projects Thursday, 23 Oct 2014 | 3:03 AM ET

    ALBANY, N.Y.— New York officials say they have reached agreements in principle to finance seven clean energy projects with a dozen banks and investment firms and the state's new NY Green Bank. Parties include Ameresco, Bank of America Merrill Lynch, BQ Energy, Citi, Deutsche Bank, First Eastern Investment Group, First Niagara Bank, GreenCity Power, M&T Bank,...

  • They are also profitable: In the third quarter, BlackRock Inc, the biggest provider of the funds, made $850 million in fees from its iShares ETFs, 30 percent of the $2.8 billion in revenue it reported. Last week, Janus Capital Group announced the acquisition of exchange-traded fund provider VelocityShares and Reuters exclusively reported last week that Goldman...

  • BOSTON, Oct 21- U.S. corporate bond funds this year are adding Treasuries to their holdings at more than twice the rate of corporate debt amid concern that the struggling European economy and potential changes in Federal Reserve policy will drag down profits at U.S. corporations. Through September, corporate bond portfolios boosted their holdings of U.S....

  • DIARY - Top economic Events to Nov 4 Wednesday, 22 Oct 2014 | 8:01 PM ET

    Treasury Under Secretary David Cohen speaks on "Disrupting ISIL's Money Trail" before the Carnegie Endowment for International Peace in Washington- 1400 GMT. LONDON- Bank of England Deputy Governor Ben Broadbent gives a speech on monetary policy outlook to Society of Business Economists- 0805 GMT. OTTAWA- Bank of Canada Governor Stephen Poloz and Senior...

  • Early Apple computer sells for $905,000 at auction Wednesday, 22 Oct 2014 | 7:50 PM ET

    NEW YORK— A vintage Apple computer that was one of only 50 made in Steve Jobs' garage in 1976 sold for $905,000 at auction on Wednesday, far exceeding pre-sale estimates and outdoing a previous high price of more than $671,000 paid in Germany last year. "The provenance on the Apple -1 is excellent and the condition is outstanding, so it was not surprising that it did so...

  • Oct 22- Texas tycoon Sam Wyly, who filed for bankruptcy this week, is trying to exhaust his fortune through exorbitant spending to impede the U.S. Securities and Exchange Commission's collection of a $198.1 million fraud claim against him, the regulator told a U.S. judge on Wednesday. During a hearing in Dallas bankruptcy court, a lawyer for the SEC criticized...

  • Oct 22- Drugmakers Abbott Laboratories and Mylan Inc on Wednesday declined to explain in detail why they changed the terms of a $5.3 billion deal in which Mylan will buy part of Abbott's overseas generics business and reincorporate for tax purposes in the Netherlands. Windau said many investors had feared the new Treasury rules might derail the deal, and they...

  • Final Glance: Beverages companies Wednesday, 22 Oct 2014 | 6:09 PM ET

    Coca-Cola Co. fell$. 06 or. 1 percent, to $40.62. Dr Pepper Snapple rose$. 07 or. 1 percent, to $65.43. Molson Coors Brewing Co. fell $1.16 or 1.6 percent, to $70.68.

  • Final Glance: Oil companies Wednesday, 22 Oct 2014 | 6:09 PM ET

    BP PLC fell$. 70 or 1.7 percent, to $41.56. ConocoPhillips fell $1.15 or 1.6 percent, to $69.44. Exxon Mobil Corp. fell$. 52 or. 6 percent, to $93.13.

  • Final Glance: Computer companies Wednesday, 22 Oct 2014 | 6:09 PM ET

    Apple Inc s rose$. 52 or. 5 percent, to $102.99. Hewlett Packard Co. fell$. 25 or. 7 percent, to $34.49. International Business Machines Corp. fell $1.44 or. 9 percent, to $161.79.

  • Final Glance: Media companies Wednesday, 22 Oct 2014 | 6:09 PM ET

    Comcast Corp. fell$. 70 or 1.3 percent, to $51.49. Walt Disney Co. fell$. 44 or. 5 percent, to $87.10. Gannett fell$. 46 or 1.5 percent, to $30.07.

  • NYSE stocks posting largest volume decreases Wednesday, 22 Oct 2014 | 6:09 PM ET

    NEW YORK— A look at the 10 biggest volume decliners on New York Stock Exchange at the close of trading:. American Realty Investors Inc.: Approximately 300 shares changed hands, a 93.1 decrease from its 65- day average volume. The shares fell$. 03 or. 5 percent to $5.32.

  • Final Glance: Big-box Retail companies Wednesday, 22 Oct 2014 | 6:09 PM ET

    Costco Wholesale Corp. rose$. 26 or. 2 percent, to $130.54. Target fell$. 31 or. 5 percent, to $61.33. Wal-Mart Stores Inc. rose$. 01 or percent, to $76.03.

  • Final Glance: Credit Card companies Wednesday, 22 Oct 2014 | 6:09 PM ET

    American Express Co. fell $1.68 or 2.0 percent, to $83.96. Capital One Financial Corp. fell$. 85 or 1.1 percent, to $77.85. Discover Financial Services fell $3.37 or 5.2 percent, to $61.01.

  • Final Glance: Supermarkets companies Wednesday, 22 Oct 2014 | 6:09 PM ET

    Kroger rose$. 40 or. 7 percent, to $54.09. Safeway rose$. 06 or. 2 percent, to $34.06. Supervalu fell$. 26 or 3.1 percent, to $8.08.

  • Final Glance: Pharmaceuticals companies Wednesday, 22 Oct 2014 | 6:09 PM ET

    Baxter International Inc. fell$. 28 or. 4 percent, to $68.37. Bristol-Myers Squibb Co. fell$. 11 or. 2 percent, to $51.84. Hospira fell$. 80 or 1.6 percent, to $50.08.

  • Final Glance: Aerospace companies Wednesday, 22 Oct 2014 | 6:09 PM ET

    Boeing fell $5.67 or 4.5 percent, to $121.45. Lockheed Martin Corp. rose $3.40 or 2.0 percent, to $176.01. Northrop Grumman Corp. fell $1.02 or. 8 percent, to $125.11.

  • NYSE stocks posting largest volume increases Wednesday, 22 Oct 2014 | 6:09 PM ET

    NEW YORK— A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading:. GenCorp. Inc.: Approximately 3,520,900 shares changed hands, a 573.8 percent increase over its 65- day average volume. The shares fell$. 32 or 1.9 percent to $16.35.

  • Final Glance: Specialty Retail companies Wednesday, 22 Oct 2014 | 6:09 PM ET

    Autozone Inc. fell $5.00 or. 9 percent, to $521.94. Bed Bath& Beyond Inc. fell$. 31 or. 5 percent, to $65.14. Best Buy rose$. 24 or. 7 percent, to $32.84.