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  • NEW YORK, Oct 4- A billionaire's lawsuit over wine said to be owned by Thomas Jefferson has died on the vine. A federal appeals court in New York ruled on Thursday that William Koch, the founder of Oxbow Group energy company, had waited too long to file a lawsuit against Christie's auction house.

  • NHL lockout forces canceled games through Oct. 24 Thursday, 4 Oct 2012 | 2:51 PM ET

    The announcement was made in a two-paragraph statement from the NHL. Unable to work out how to split up $3 billion in hockey-related revenues with the players' association, the NHL wiped out 82 games from Oct. 11 through Oct. 24 _ beginning with four next Thursday, which would have been the league's opening night.

  • Oct 4- The U.S. Food and Drug Administration said it has cracked down on thousands of online pharmacies for selling potentially unsafe, unapproved or fake medicines, including the erectile dysfunction drug Viagra and antiviral Tamiflu.

  • Given Imaging shares rise on acquisition news Thursday, 4 Oct 2012 | 2:46 PM ET

    NEW YORK-- Shares of Given Imaging Ltd. rose Thursday, after the Israeli maker of pill-sized diagnostic cameras said it acquired a U.S.-based gastrointestinal diagnostics company.

  • NEW YORK, Oct 4- U.S. crude futures rose 4 percent on Thursday as inflamed tensions between Turkey and Syria, a weaker dollar and refinery fires pulled crude oil prices higher.

  • Oct 4- Li& Fung Ltd, a global supplier of apparel, is in advanced talks to buy Synergies Worldwide, a small, New York- based supplier, a source familiar with the matter said on Thursday. The move would help Hong Kong- based Li& Fung gain a better foothold in the fast fashion and discount clothing space.

  • NEW YORK, Oct 4- The heyday of Beatlemania may have been nearly 50 years ago, but the Beatles and their music remain loved, scrutinized and relevant to an adoring public forever clamoring for more details of the Fab Four. Editors of Life magazine compiled the photos into the book recently released by Time Home Entertainment Inc..

  • Brent crude rises $4 on Syria turmoil, weaker dollar Thursday, 4 Oct 2012 | 2:25 PM ET

    Brent November crude was up $4.01 at $112.18 a barrel at 2:22 p.m. EDT, having traded from $108.02 to $112.36.

  • HMS shares fall after it lowers guidance Thursday, 4 Oct 2012 | 2:24 PM ET

    HMS Holdings Corp.' s shares plunged Thursday after the healthcare benefits coordinator lowered its guidance. The company now expects to earn 55 to 60 cents per share for the year, down from its prior forecast of 58 to 64 cents per share. It dropped its annual revenue forecast to $480 million to $490 million, from a prior range of $500 million to $515 million.

  • Debate thrusts Big Bird into presidential campaign Thursday, 4 Oct 2012 | 2:19 PM ET

    "Saturday Night Live," Jimmy Fallon, Piers Morgan, the "Today" show and "Good Morning America" all asked for appearances from the "Sesame Street" character on Thursday after he was unexpectedly thrust into the presidential campaign by Mitt Romney.

  • Federal Reserve policy meeting, after inflamed Middle East tensions had helped push prices up more than $3. Brent crude was up $3.50 at $111.67 a barrel at 2:11 p.m. EDT, having reached $112. U.S. crude was up $3.22 at $91.36, having reached $91.76.

  • NuVasive tumbles on weak 3Q revenue estimate Thursday, 4 Oct 2012 | 2:13 PM ET

    NEW YORK-- Shares of NuVasive Inc. lost about a third of their value Thursday after the spinal device maker said its third-quarter revenue will come up short of its previous estimates. THE SPARK: After the market closed Wednesday, NuVasive said it expects about $147 million in revenue in the third quarter.

  • NEW YORK, Oct 4- Thirty-year Treasuries bonds fell a full point in price on Thursday after minutes from the Federal Reserve's September policy meeting showed that Fed members were broadly in agreement that additional stimulus was needed to boost the fragile economic recovery.

  • *Publisher can choose not to participate in Google's Library Project. Google and the Association of American Publishers said on Thursday that U.S. publishers can choose to make available or choose to remove their books and journals digitized by Google for its Library Project.

  • NEW YORK, Oct 4- Wells Fargo& Co has transferred Jim Hays, a veteran wealth management executive who had run its large brokerage network, to oversee a smaller group of brokers at the bank's branches.

  • Department store shares mixed on September results Thursday, 4 Oct 2012 | 2:02 PM ET

    Macy's revenue at stores open at least a year rose 2.5 percent in September, while analysts expected a gain of 3.3 percent. Shares of Macy's rose 34 cents to $39.83. Kohl's Corp.' s revenue at stores open at least a year fell 2.7 percent in September, a bigger drop than Wall Street expected, hurt by lower demand for accessories and women's clothing.

  • TEXT-S&P rates LCM XII notes Thursday, 4 Oct 2012 | 2:01 PM ET

    --LCM XII L.P./ LCM XII LLC's note issuance is a cash flow CLO securitization of a revolving pool consisting primarily of broadly syndicated senior secured loans. --We assigned our ratings to class X and class A through E notes.

  • By Chris Reese and Kirsten Donovan. NEW YORK/ LONDON, Oct 4- The amount of seasonally adjusted U.S. commercial paper contracted for a fifth consecutive week in the week ended Oct. 3, Federal Reserve data showed on Thursday. U.S. seasonally adjusted commercial paper outstanding fell $15 billion to $975.1 billion in the latest week.

  • Private college costs up again but at slower rate Thursday, 4 Oct 2012 | 1:56 PM ET

    The figures released Thursday by the National Association of Independent Colleges and Universities highlight some of the complexities within an overall trend of rising college costs. The list price at private colleges remains substantially higher than at publics _ $29,230 this fall compared to a bit over $8,000 last year at public institutions.

  • Feds charge 91 people in $429M Medicare fraud Thursday, 4 Oct 2012 | 1:56 PM ET

    WASHINGTON-- A federal strike force has charged 91 people, including a hospital president, doctors and nurses, with Medicare fraud schemes in seven cities involving $429 million in false billings. The law enforcement effort focused on fraudulent Medicare schemes in Baton Rouge, La.; Brooklyn, N.Y.; Chicago; Dallas; Houston; Los Angeles and Miami.