Former top executives of Dewey law firm were charged with fraud and theft for concealing from banks,investors and other lawyers.» Read More
--Port Washington, N.Y.- based filtration and separation equipment and products manufacturer Pall Corp.. has maintained solid credit measures, and we believe its financial policy will be sufficiently conservative to support a' BBB+' rating.
NEW YORK-- Shares of Embraer SA lost 4 percent Wednesday after an analyst downgraded the Brazilian plane maker's stock citing weak demand for regional and business jets.
NEW YORK-- Feuding divas on "American Idol"? Ryan Seacrest says that's just great. The show's host said Wednesday that things got intense between new judges Nicki Minaj and Mariah Carey during a tryout taping the previous day in Charlotte, N.C..
NEW YORK, Oct 3- U.S. crude futures fell 4 percent on Wednesday as disappointing economic data from China and Europe reinforced concerns about slowing growth, even after data showed U.S. crude stocks fell last week and other supportive U.S. data strengthened the dollar.
Birkenfeld, now living in New Hampshire, helped lead the IRS to collect hundreds of millions of dollars in U.S. taxes owed on money stashed in Swiss bank UBS AG, where he once worked. Despite the case, the IRS program, which was overhauled in 2006, has been criticized for moving too slowly. Confidentiality laws keep information about IRS payouts minimal.
Friends Fiduciary Corp., a Philadelphia nonprofit, sold its shares in Caterpillar Inc., Hewlett-Packard Co. and Veolia Environment after a review was requested by the Ann Arbor Friends Meeting.
NEW YORK-- Telecommunications equipment makers were mixed in Wednesday trading after Adtran Inc., which offered a disappointing third-quarter forecast in late September, said it expects a significant revenue decline in the fourth quarter. Adtran makes equipment that links homes and businesses to the Internet.
Oct 3- American Airlines, Inc lost a court battle in its effort to block a union election vote by nearly 10,000 passenger service agents. Wednesday's decision by the 5th U.S. Circuit Court of Appeals in New Orleans came amid a separate labor dispute the airline's 8,000 pilots and its parent company, AMR Corp., which filed for bankruptcy in November.
The roughly $6 billion fund, run by Chase Coleman and Feroz Dewan, has been the darling of the investment community for its string of strong returns at a time when the average hedge fund is delivering only low single-digit returns. At the end of the second quarter the New York- based fund listed Apple Inc, Yandex NV and Google Inc.
NEW YORK-- The rhetoric is rising, while the time before the planned start of the NHL regular season is running out. "Not prepared to speculate on next steps at this point," NHL Deputy Commissioner Bill Daly told The Associated Press in an email on Wednesday. " Daly also said on Wednesday that the NHL has no timetable when it will start calling off regular-season games.
NEW YORK-- Nasdaq and other exchanges cancelled some trades of Kraft Foods Group Inc. Wednesday following an unusual spike after the market opened. Kraft's shares opened at $45.55 before surging to $58.54. The issue comes only days after Kraft Foods and former Kraft snack business Mondelez International began trading as two separate companies.
The market's gains were held in check by a slump in energy stocks and Hewlett-Packard's 13 percent plunge. "The price action today seems boring, but the economic data is pretty strong," said Ryan Detrick, senior technical strategist at Schaeffer's Investment Research.
NEW YORK, Oct 3- NuVasive Inc:.
*China, Europe services PMI disappoint. NEW YORK, Oct 3- Oil prices fell sharply on Wednesday as disappointing economic data from China and Europe reinforced concerns about slowing growth and a weakening outlook for petroleum demand, even as supportive U.S. data strengthened the dollar.
NEW YORK, Oct 3- Wall Street ended modestly higher on Wednesday on stronger-than-expected U.S. labor and service sector data, but the Dow industrials were hobbled by a slide in Hewlett-Packard. Based on the latest available data, the Dow Jones industrial average was up 12.48 points, or 0.09 percent, at 13,494.84.
Benchmark oil lost more than 3 percent Wednesday on more evidence of slower growth in China, the world's second-largest oil consumer behind the U.S. Airline stocks tend to trade inversely to the price of oil because fuel is one of the airlines' largest expenses. Shares of US Airways Group Inc. led the sector's gains Wednesday.
NEW YORK, Oct 3- U.S. natural gas futures ended lower on Wednesday for the first time in seven sessions, hit by a slightly milder turn in the extended weather forecast and profit-taking ahead of Thursday's inventory report despite the still-cool outlook for next week.
Oct 3- RBC Wealth Management, a division of the Royal Bank of Canada, has expanded its broker force in Colorado with a veteran team of advisers from Bank of America's Merrill Lynch.
NEW YORK-- Prices for energy and copper fell Wednesday following the latest signs that China's economy is slowing down. Copper, another commodity that is highly sensitive to changes in China's economy, fell 1.7 cents to $3.7840 a pound.
NEW YORK-- Best Buy on Wednesday named an Expedia executive as head of its e-commerce operations. Scott Durchslag, 46, will be senior vice president of Best Buy and president online and global e-commerce, effective Monday. He will be responsible for all of Best Buy's global e-commerce channels, including BestBuy.com and mobile commerce.