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  • Danish shipper asks Vitol if tanker used for Iran oil Wednesday, 3 Oct 2012 | 7:29 AM ET

    SINGAPORE, Oct 3- Danish oil and shipping group A.P. Moller Maersk says it will talk to Vitol to determine whether one of its tankers was used by the trading house to ship Iranian fuel oil. The cargo was transferred aboard the Danish tanker from Vitol's floating storage off Malaysia, the document shows, and shipped to storage in Singapore.

  • BRIEF-Best BUY shares up 4 pct in premarket trading Wednesday, 3 Oct 2012 | 7:09 AM ET

    NEW YORK, Oct 3- Best Buy Co Inc:. *Shares up 4 percent in premarket trading. ( (New York Treasury Desk; Tel: 223 6300)).

  • NEW YORK, Oct 3- Applications for U.S. home mortgages surged last week as demand for refinancing rose to the highest level in more than three years, driven by a drop in interest rates to yet another record low, data from an industry group showed on Wednesday.

  • The findings appear to indicate that wealthy investors are optimistic about the stock market and their financial well-being, said Una Osili, director of research for the Center on Philanthropy at Indiana University, which conducts the biennial study.

  • TABLE-US mortgage applications surged last week-MBA Wednesday, 3 Oct 2012 | 7:00 AM ET

    NEW YORK, Oct 3- Select seasonally adjusted historical data from Mortgage Bankers Association's weekly mortgage application survey:.

  • Ahead of the Bell: DineEquity upgraded Wednesday, 3 Oct 2012 | 6:47 AM ET

    Mark Kalinowski of Janney Capital Markets raised DineEquity Inc.' s rating to "Buy" from "Neutral." Kalinowski also says that Wall Street will likely find DineEquity easier to understand once it closes on the sale of some Applebee's locations. DineEquity shares closed at $56.53 on Tuesday.

  • Markets subdued ahead of raft of US economic data Wednesday, 3 Oct 2012 | 6:15 AM ET

    LONDON-- Markets were subdued Wednesday as investors awaited a run of U.S. economic figures and after Spain's prime minister indicated his cash-strapped country would not request a bailout imminently.

  • Malawi halts talks with Tanzania on border dispute Wednesday, 3 Oct 2012 | 5:58 AM ET

    *Tanzania claims 50 pct of lake, Malawi all of it. LILONGWE, Oct 3- Malawi has cut off dialogue with Tanzania in a long-time territorial dispute concerning Lake Malawi, thought to sit over highly coveted oil and gas reserves. Malawi claims sovereignty over the entirety of Africa's third largest lake, while Tanzania says 50 percent is part of its territory.

  • Blackstone joins with Anacap for bank deals -source Wednesday, 3 Oct 2012 | 5:37 AM ET

    LONDON, Oct 3- Blackstone has set up a joint venture with mid-sized rival Anacap to hunt for private equity deals in Europe's embattled banking sector, a person familiar with the situation said. Blackstone has a long track record of investing in financial services in the United States, but has found it more difficult to find banking investments in Europe.

  • World stocks fall as US data awaited Wednesday, 3 Oct 2012 | 5:21 AM ET

    The U.S. Labor Department will release employment data for September on Friday. Britain's FTSE 100 fell 0.1 percent to 5,801.45. Germany's DAX was less than 0.1 percent lower at 7,300.12 and France's CAC-40 lost 0.3 percent to 3,404.64.

  • Seadrill plans to remain listed in Oslo: CFO Wednesday, 3 Oct 2012 | 4:37 AM ET

    OSLO, Oct 3- Oil driller Seadrill plans to stay listed on the Oslo stock exchange even after moving its management out of Norway, the firm's chief financial officer said on Wednesday. "I cannot imagine any changes to that. Bermuda- registed Seadrill is listed both in Oslo and in New York.

  • Australia shares at 14-month highs as currency retreats Wednesday, 3 Oct 2012 | 3:08 AM ET

    MELBOURNE, Oct 3- Australian shares edged up to a 14- month closing high on Wednesday as banks and broader stocks were boosted by an interest rate cut and a weaker local dollar, enhancing export prospects. He noted markets were cautious after Spain said a request for European aid was not imminent.

  • Australia shares clinch highest close in 14-months Wednesday, 3 Oct 2012 | 2:29 AM ET

    MELBOURNE, Oct 3- Australian shares edged up to a 14- month closing high on Wednesday as banks and broader stocks were boosted by an interest rate cut and the local dollar weakened, enhancing export prospects.

  • Asian stocks flat as US data awaited Wednesday, 3 Oct 2012 | 1:25 AM ET

    BANGKOK-- Asian stocks flattened out Wednesday as skittish investors waited for a key U.S. jobs report later in the week that will signal whether the world's largest economy is on the mend. The U.S. Labor Department will release employment data for September on Friday.

  • U.S. natgas futures slide 5 pct after six straight gains Wednesday, 3 Oct 2012 | 12:56 AM ET

    NEW YORK, Oct 3- U.S. natural gas futures lost ground on Wednesday after six straight days of gains, pressured by profit-taking ahead of Thursday's weekly inventory report despite cooler weather forecasts for next week that should stir more heating demand.

  • SINGAPORE, Oct 3- Brent crude futures slipped towards $111 per barrel on Wednesday, hurt by persistent concerns over global growth and oil demand, while Europe's festering debt crisis added to uncertainty.

  • TREASURIES-Bonds slip on stronger-than-forecast data Wednesday, 3 Oct 2012 | 12:42 AM ET

    *ADP payrolls report slightly stronger than forecast. NEW YORK, Oct 3- U.S. "There's rate-locking and traders are adding to steepening exposure," said Tom di Galoma, managing director at Navigate Advisors LLC in Stamford, Connecticut. "

  • Third Point's Loeb bets big, and wins, on Greek debt Wednesday, 3 Oct 2012 | 12:39 AM ET

    NEW YORK, Oct 3- Hedge fund manager Daniel Loeb built a major position in distressed Greek government bonds in September, according to a monthly report he sent to his investors. Loeb's nearly $5 billion Third Point Offshore Fund gained 3.4 percent last month, helped by its position in Greek debt, said the Sept. 30 dated note which was reviewed by Reuters.

  • Both Stanley and Crawford joined the firm as senior vice presidents of wealth management, leading the Palmetto Advisory Group, which also includes advisers Linda Fraser, Geoffery Forsyth and Carolee McKeown and private client assistant Henry Batts.

  • Luxfer shares rise on NYSE after IPO raises $80M Wednesday, 3 Oct 2012 | 12:28 AM ET

    NEW YORK-- Luxfer Holdings PLC's U.S. shares jumped in their first hours of trading Wednesday on the New York Stock Exchange. The initial public stock offering of the chemicals and metals maker, which is based in the U.K., priced 8 million shares at $10 each. The company had predicted that shares would price higher, from $12 to $14 each.