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  • News Summary: Wal-Mart, Amex expand prepaid card Monday, 8 Oct 2012 | 12:52 AM ET

    NEW YORK-- PARTNERSHIP: Wal-Mart Stores Inc. and American Express Co. are rolling out a prepaid card that they say offers checking and debit services designed to help customers manage and control their everyday finances. BEHIND THE NEWS: The move comes as American Express is looking for new ways to expand its customer base beyond its wealthy clientele.

  • Quad/Graphics, Time agree on new distribution deal Monday, 8 Oct 2012 | 12:43 AM ET

    SUSSEX, Wis.-- Quad/Graphics says it has agreed to a new deal worth more than $900 million to print the majority of publisher Time Inc.' s magazines. Time Inc. is a division of Time Warner Inc., based in New York. Shares of Quad/Graphics added 45 cents, or 2.4 percent, to $18.95 in afternoon trading.

  • *Marathon to purchase refinery for $598 million. HOUSTON, Oct 8- Marathon Petroleum Corp struck a deal to buy BP Plc's Texas City refinery and related infrastructure for up to $2.5 billion, a purchase that will make Marathon the fourth-largest U.S. refiner and give it a bigger potential slice of the market for refined product exports.

  • Oct 8- Two veteran broker teams from Bank of America's Merrill Lynch have departed for rival firms Morgan Stanley Wealth Management and Wells Fargo Advisors, according to sources with knowledge of the moves.

  • Asia stocks down as global growth woes intensify Sunday, 7 Oct 2012 | 11:22 PM ET

    BANGKOK-- Asian stocks fell Monday as Europe's debt crisis continued to roil markets and the World Bank cut its growth forecasts for Asia. Benchmarks in Singapore, Taiwan and mainland China also fell. Andrew Sullivan, principal sales trader at Piper Jaffray in Hong Kong, said protests in Spain and IMF concerns over Greece continue to worry investors.

  • PRESS DIGEST - Hong Kong - Oct 8 Sunday, 7 Oct 2012 | 9:55 PM ET

    HONG KONG, Oct 8- These are some of the leading stories in Hong Kong newspapers on Monday. --A four-year-old boy visiting Hong Kong from Saudi Arabia is sick in Queen Mary Hospital with a Sars-like virus suspected to be the same one that emerged in the Middle East last month.

  • Aussie & kiwi dlrs pinned down, sentiment bearish Sunday, 7 Oct 2012 | 9:28 PM ET

    WELLINGTON/ SYDNEY, Oct 8- The Australian and New Zealand dollars held near multi-week lows on Monday, as investors remained cautious about the outlook for the global economy despite better-than-expected U.S. jobs numbers at the end of last week. *Kiwi crawls back to around $0.8193, having hit a one-month low of $0.8151 early, from New York's close of $0.8185.

  • SYDNEY, Oct 8- Australian shares slipped 0.1 percent in early trade on Monday, with mining stocks losing ground while banks gained, and traders were looking for new momentum drivers as the market consolidated last week's rise to 14- month highs.

  • HONG KONG, Oct 8- Hong Kong shares are set to extend a five-session gaining streak on Monday helped by a higher open in Chinese markets that resume trading after a week-long holiday.

  • Australia shares ease as Wall St dips Sunday, 7 Oct 2012 | 7:25 PM ET

    SYDNEY, Oct 8- Australian shares slipped 0.1 percent in early trade on Monday, in line with a dip on Wall Street where a surprise drop in the U.S. unemployment rate was overshadowed by investor concern about the coming earnings season.

  • NEW YORK, Oct 7- Executives are more downbeat than they have been in years about the prospects for corporate dealmaking, citing worries about the euro zone and softening in emerging markets, according to an Ernst& Young survey released on Sunday.

  • *Most news cases in Michigan. The widening outbreak has alarmed U.S. health officials and focused attention on regulations of pharmaceutical compounding companies like the one that produced the drugs, the New England Compounding Center Inc in Framingham, Massachusetts.

  • Australia shares seen steady around 14-month high Sunday, 7 Oct 2012 | 5:58 PM ET

    MELBOURNE, Oct 8- Australian shares are expected to open roughly unchanged on Monday, buoyed by a surprise drop in the U.S. unemployment rate, with the market set to consolidate gains that took the benchmark index to a 14- month high last week.

  • NEW YORK, Oct 7- Wal-Mart and American Express will hold a conference call for media analysts and investors on Monday at 8:30 a.m. EST to make a financial services announcement, the companies said in a joint press statement on Sunday.

  • Rothko painting defaced at Tate Modern in London Sunday, 7 Oct 2012 | 4:14 PM ET

    LONDON, Oct 7- A painting by Russian-American artist Mark Rothko was defaced by a visitor to London's Tate Modern museum on Sunday and a spokeswoman said police were investigating.

  • *Most news cases in Michigan. The widening outbreak has alarmed U.S. health officials and focused attention on regulations of pharmaceutical compounding companies like the one that produced the drugs, the New England Compounding Center Inc in Framingham, Massachusetts.

  • Some in Vt. not sweet on standard syrup grading Sunday, 7 Oct 2012 | 11:39 AM ET

    MONTPELIER, Vt.-- In a state that has a long history of maple syrup production and fiercely protects the purity of its brand, Vermont producers are proud of their "fancy," "grade A dark amber" and "grade B" syrup.

  • INSIGHT-The Lex Factor roils Dow Jones Sunday, 7 Oct 2012 | 9:00 AM ET

    *DJ profits key as News Corp splits publishing from entertainment. Lex Fenwick, a long-time Bloomberg LP executive, is making his mark on Dow Jones, the News Corp. He works from a desk in a corner of the seventh floor of News Corp's headquarters in midtown Manhattan, and his conversations- often expletive-laced- can be widely heard.

  • 10 states where the public pension fight is fierce Sunday, 7 Oct 2012 | 5:01 AM ET

    Jerry Brown last month signed legislation expected to save billions of dollars in coming years by increasing the retirement age for new employees, limiting annual pension payouts to $132,120 and requiring workers who are not contributing half of their retirement costs to pay more.

  • CAIRO, Oct 6- Egyptian President Mohamed Mursi said on Saturday he had fallen short of goals he promised to fulfill in his first 100 days in office, but aimed to assuage critics by highlighting his most prominent achievements.