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NEW YORK— Clear Channel, the largest radio station operator in the U.S., says it has renamed itself iHeartMedia to reflect its transformation into a multi-platform media company that includes iHeartRadio, its digital radio service. It also owns part of Clear Channel Outdoor, an outdoor advertising company, and runs live music events.
*OPEC to cut output target in November meeting- Badri. NEW YORK, Sept 16- Brent and U.S. crude futures rose more than a dollar on Tuesday on the prospect of a possible OPEC production cut and on news that Libya curbed output after rockets hit an area near a refinery.
WASHINGTON, Sept 16- The median U.S. household income remained nearly flat at $51,939 in 2013 compared to the previous year, according to federal government data released on Tuesday that offered a key indicator of the country's economic well-being.
ALBANY, N.Y.— New York court administrators have established new filing requirements for debt collectors meant to prevent unfair claims and defaults in credit card collection cases against consumers. Chief Judge Jonathan Lippman announced the proposal in May. The rules apply to debt bought from an original creditor after Oct. 1.
SAO PAULO, Sept 16- Nextel operator NII Holdings Inc is hanging on to its Brazilian unit even though the welterweight mobile carrier has filed for bankruptcy protection in the United States and sold off other Latin American operations.
ConAgra Foods Inc. rose$. 05 or. 1 percent, to $32.40. General Mills Inc. rose$. 08 or. 2 percent, to $53.26. Hormel Foods Corp. rose$. 33 or. 7 percent, to $50.38.
Baxter International Inc. rose$. 25 or. 3 percent, to $74.80. Bristol-Myers Squibb Co. rose$. 16 or. 3 percent, to $50.11. Hospira rose$. 01 or percent, to $52.80.
American Express Co. fell$. 29 or. 3 percent, to $87.09. Capital One Financial Corp. rose$. 26 or. 3 percent, to $81.76. Discover Financial Services rose$. 03 or percent, to $62.81.
Aflac Inc. fell$. 38 or. 6 percent, to $59.46. American International Group rose$. 21 or. 4 percent, to $55.61. MBIA rose$. 13 or 1.3 percent, to $10.06.
NEW YORK— Shares of some top chemicals companies are up at 10 a.m.:. Dow Chemical Co. rose$. 44 or. 8 percent, to $53.48. DuPont Co. rose$. 19 or. 3 percent, to $65.49.
American Electric Power Co. rose$. 64 or 1.2 percent, to $53.33. Consolidated Edison Inc. Holding Co. rose$. 57 or 1.0 percent, to $57.11. Dominion Resources Inc. rose$. 66 or 1.0 percent, to $69.32.
NEW YORK— Shares of some top gold companies are down at 10 a.m.:. Barrick Gold Corp. fell$. 12 or. 7 percent, to $16.33. Newmont Mining Corp. fell$. 17 or. 7 percent, to $24.85.
BP PLC fell$. 02 or percent, to $45.87. ConocoPhillips rose$. 76 or 1.0 percent, to $80.16. Exxon Mobil Corp. rose$. 70 or. 7 percent, to $96.99.
Coca-Cola Co. fell$. 20 or. 5 percent, to $41.30. Dr Pepper Snapple rose$. 31 or. 5 percent, to $62.83. Molson Coors Brewing Co. fell$. 03 or percent, to $75.97.
Canadian National Railway Co. rose$. 29 or. 4 percent, to $72.79. Kansas City Southern rose$. 29 or. 3 percent, to $115.57. Norfolk Southern Corp. rose$. 05 or percent, to $108.22.
Apple Inc s fell $1.67 or 1.6 percent, to $99.96. Hewlett Packard Co. fell$. 07 or. 2 percent, to $36.18. International Business Machines Corp. rose$. 07 or percent, to $191.88.
NEW YORK— Shares of some top telecom companies are up at 10 a.m.:. AT&T Inc. rose$. 10 or. 3 percent, to $34.79. Verizon Communications Inc. rose$. 17 or. 4 percent, to $48.73.
Amgen Inc. fell$. 22 or. 2 percent, to $137.75. Biogen Idec rose $4.12 or 1.3 percent, to $324.24. Celgene Corp. rose $1.18 or 1.3 percent, to $90.64.
NEW YORK— Shares of some top machinery companies are mixed at 10 a.m.:. Caterpillar fell$. 13 or. 1 percent, to $104.73. Deere& Co. fell$. 08 or. 1 percent, to $82.60.
Arch Coal fell$. 08 or 2.8 percent, to $2.78. Consol Energy Inc. fell$. 01 or percent, to $38.89. Peabody Energy fell$. 02 or. 1 percent, to $14.10.