New York


  • Encouraging ratings start for NBC in new season Tuesday, 9 Oct 2012 | 3:26 PM ET

    NEW YORK-- It may not qualify as a revolution, but after years of relentless bad news in the ratings, NBC has opened the new television season with some positive signs. Sunday night football leads the way, as is often the case for NBC. " While third in the ratings race last week, NBC won among viewers ages 18- to-49, the demographic where it concentrates its business.

  • BNP Paribas names Jon Bass to run U.S. bond sales Tuesday, 9 Oct 2012 | 3:21 PM ET

    NEW YORK, Oct 9- BNP Paribas, making good on its chief executive's promise to expand outside of its troubled European base, has filled a long-vacant senior sales position in its fixed-income business in the United States.

  • Brent November crude rose $2.68, or 2.40 percent, to settle at $114.50 a barrel, having traded from $111.97 to $114.72.

  • NEW YORK, Oct 9- Securities industry watchdog FINRA is reviewing transactions in at least 10 U.S.-traded securities that saw sudden, big moves on Tuesday before resuming normal trading in the latest case of odd gyrations by stocks.

  • Gold down after another report shows weaker growth Tuesday, 9 Oct 2012 | 3:11 PM ET

    NEW YORK-- The price of gold fell more than $10 an ounce Tuesday after the International Monetary Fund cut its forecast for world economic growth. Gold for December delivery fell $10.70 an ounce to close at $1,765. December silver fell 3.2 cents per ounce to $33.985, and January platinum lost $3.50 to close at $1,695.30 per ounce.

  • Alcoa, Aluminum Bahrain reach $85M settlement Tuesday, 9 Oct 2012 | 3:06 PM ET

    NEW YORK-- Alcoa has agreed to pay $85 million to settle allegations that the aluminum manufacturer and related companies paid millions in bribes that resulted in a Bahrain- controlled company overpaying for raw materials. Alcoa agreed to pay $85 million in cash to Aluminum Bahrain BSC, or Alba, without admitting liability.

  • *Growth, Greece worries stoke safety bids for bonds. NEW YORK, Oct 9- U.S. The International Monetary Fund, one of Greece's main lenders, said in a report on Tuesday that Athens would miss the five-year debt reduction target that is a condition for the country's 130 billion euro bailout.

  • NEW YORK, Oct 9- Weekly U.S. sales of short-term U.S. The Treasury sold $32 billion in three-month bills at a high rate of 0.100 percent, awarding 72.35 percent of the bids at the high.

  • *UAE spoke last month of Iran's "occupation". DUBAI, Oct 9- Iran's Foreign Ministry spokesman said on Tuesday Tehran would consider downgrading ties with the United Arab Emirates over three disputed Gulf islands, but state television later denied the Islamic Republic was contemplating such a move.

  • *David Loglisci pleaded guilty in 2010. NEW YORK, Oct 9- David Loglisci, former chief investment officer at the New York state pension fund, was sentenced to a conditional discharge Tuesday for allowing a "culture of corruption" at the fund.

  • November crude rose $3.06, or 3.43 percent, to settle at $92.39 a barrel, having traded from $89.29 to $92.91.

  • "Neither too early, nor too late; neither too hot, nor too cold, 2012 looks to be the' Goldilocks' vintage, where everything is just right," said Christopher Howell, general manager of Cain Vineyard and Winery, referring to the story book character. Winemakers in Oregon, Washington, New York state and Canada are also excited by this year's harvest.

  • LOS ANGELES, Oct 9- Variety, the century-old entertainment trade newspaper once considered the bible of the movie industry, has been sold to online publisher Jay Penske and private equity firm Third Point LLC, the companies said on Tuesday.

  • Oct 9- Shares of VeriFone Systems Inc fell as much as 8.5 percent after a report that mobile payments startup Square Inc was set to displace VeriFone in some New York City cabs. VeriFone and privately held Creative Mobile Technologies run the payment and entertainment systems in New York's 13,000 cabs.

  • Hawaiian Airlines parent shares fall on outlook Tuesday, 9 Oct 2012 | 2:04 PM ET

    NEW YORK-- Increased competition on several key routes led Hawaiian Airlines Inc. to cut its third-quarter revenue expectations on Tuesday. The stock of its parent company, Hawaiian Holdings Inc., lost as much as 6 percent. Hawaiian started flying nonstop between New York and Honolulu in June.

  • Transatlantic clean ship rates seen staying muted Tuesday, 9 Oct 2012 | 2:04 PM ET

    LONDON, Oct 9- Clean tanker rates for refined petroleum products on top export routes were broadly steady on Tuesday with lighter business capping earnings in the transatlantic market.

  • Trinity upgraded on railcar and barge businesses Tuesday, 9 Oct 2012 | 2:03 PM ET

    NEW YORK-- A Raymond James analyst upgraded shares of industrial manufacturer Trinity Industries Inc. on Tuesday, saying he expects better results for its inland barge and railcar businesses.

  • World stocks fall on Europe debt worries, IMF view Tuesday, 9 Oct 2012 | 1:46 PM ET

    AMSTERDAM-- World stock markets fell Tuesday on a gloomy forecast from the IMF and worries over Europe's debt crisis ahead of the start of earnings season.

  • *Alcoa settlement also includes alumina supply contracts. DUBAI, Oct 9- Alcoa Inc will pay $85 million in cash and enter long-term raw material supply contracts with Aluminum Bahrain to settle the Bahraini firm's racketeering and fraud lawsuit against Alcoa, the companies said on Tuesday.

  • NEW YORK, Oct 9- U.S. natural gas futures reversed course and turned higher midday Tuesday after early selling, backed by a slightly colder turn in noon computer weather model projections. "It's all about weather, and it looks like the noon run turned a bit colder for the 11- to 15- day forecast," a New York- based trader said.