New York City


  • US STOCKS-Futures dip after Alcoa results, outlook Wednesday, 10 Oct 2012 | 8:08 AM ET

    *Alcoa beats expectations but cautions of slowdown. NEW YORK, Oct 10- U.S. stock index futures edged lower on Wednesday after Alcoa kicked off earnings season by warning of a slight slowdown in some markets, highlighting concerns about sluggish global growth, even as its quarterly results beat expectations. Alcoa shares lost 0.7 percent to $9.07 in.

  • BRIEF-Cummins down 4.9 percent in premarket trading Wednesday, 10 Oct 2012 | 8:08 AM ET

    NEW YORK, Oct 10- Cummins Inc:.

  • BRIEF-True Religion climbs 26 percent in premarket Wednesday, 10 Oct 2012 | 7:33 AM ET

    NEW YORK, Oct 10- True Religion Apparel Inc:.

  • US STOCKS-Futures edge lower after Alcoa results, outlook Wednesday, 10 Oct 2012 | 7:29 AM ET

    *Alcoa beats expectations but cautions of slowdown. *Yum Brands defies China sluggish growth, raises outlook.

  • Groupon eyes restaurants with nationwide POS offering Wednesday, 10 Oct 2012 | 7:15 AM ET

    SAN FRANCISCO, Oct 10- Groupon Inc launched a point-of-sale service called Breadcrumb across the United States on Wednesday as the world's largest daily deal company tries to win more restaurants as clients. Groupon acquired the business in May. Groupon is a pioneer in daily deals, which are heavily discounted online offers for local services.

  • The PIMCO Total Return Fund, the world's largest mutual fund with about $278 billion in assets, attracted roughly $6.25 billion in new money in the third quarter, according to Morningstar. Meanwhile, the DoubleLine Total Return Bond Fund was second with $4.45 billion in assets.

  • Leave me in peace, France's Strauss-Kahn begs media Wednesday, 10 Oct 2012 | 6:30 AM ET

    PARIS, Oct 10- Former IMF chief Dominique Strauss-Kahn said in a rare magazine interview published on Wednesday that he is tired of being hunted by the media and begged to be left alone as he tries to move on from a sex scandal that wrecked his career.

  • Could pepperoni spoil presidential debate? Wednesday, 10 Oct 2012 | 6:14 AM ET

    Pizza Hut is offering a lifetime of free pizza _ one large pie a week for 30 years _ or a check for $15,600 to anyone who poses the question to either President Barack Obama or Republican candidate Mitt Romney during the live Town Hall- style debate next Tuesday.

  • World stocks fall on US earnings worries, Spain Wednesday, 10 Oct 2012 | 5:11 AM ET

    Britain's FTSE 100 fell 0.3 percent to 5,792.95. Stock markets in Asia also posted losses, with the exception of mainland China, where shares rose a day after posting big gains on hopes that Chinese authorities were preparing sizeable steps to help reverse the decline in growth in the world's second-largest economy.

  • S.Africa rand and bonds firmer on strike optimism Wednesday, 10 Oct 2012 | 3:05 AM ET

    JOHANNESBURG, Oct 10- South Africa's rand firmed against the dollar on Wednesday buoyed by the possibility that some striking workers could return to work after weeks of labour unrest that has threatened to cripple Africa's biggest economy.

  • *Newcrest Mining slips 1.3 percent as bullion weakens. MELBOURNE, Oct 10- Australian shares pulled back from 14- month highs on Wednesday as lower growth forecasts for China and other regional economies by the International Monetary Fund wiped off gains made by miners on higher iron ore prices.

  • Oil price slips amid gloomy economic forecasts Wednesday, 10 Oct 2012 | 1:36 AM ET

    By early afternoon in Europe, benchmark oil was down 28 cents to $92.11 per barrel in electronic trading on the New York Mercantile Exchange. The contract rose $3.06 on Tuesday to finish at $92.39 per barrel on concerns about supplies from the Middle East and the North Sea.

  • Australia shares slip; iron ore gains buoy miners Wednesday, 10 Oct 2012 | 1:17 AM ET

    MELBOURNE, Oct 10- Australian shares slipped 0.3 percent on Wednesday, pulling back from 14- month highs after the IMF cut its growth forecasts for a second time, sending shares around most of the region lower. climbed 6 percent to $117.20 a tonne, its highest since Aug. 1, according to data provider Steel Index, taking gains to 12.5 percent over the past two days.

  • Asia stocks fall on US earnings worries, Spain Wednesday, 10 Oct 2012 | 1:16 AM ET

    BANGKOK-- Worries about Europe's debt crisis, signs of weak global growth and expectations of lower U.S. corporate earnings sent most Asian stock markets down Wednesday.

  • NEW YORK, Oct 10- Experimental Alzheimer's drugs from Roche Holding AG and Eli Lilly& Co have been selected for a high-profile clinical trial to test whether it is possible to prevent the brain-wasting disease from ever developing in at-risk patients.

  • U.S. crude turns lower in choppy trading Wednesday, 10 Oct 2012 | 12:51 AM ET

    U.S. crude was down 45 cents at $91.94 a barrel at 12:45 p.m. EDT, having swung from $91.57 to $93.66.

  • Accuride hits all-time low as it warns on outlook Wednesday, 10 Oct 2012 | 12:51 AM ET

    NEW YORK-- Accuride's stock plunged to an all-time low on Wednesday as the company said it would not do as well as it had thought this year. THE SPARK: Accuride, which makes parts for commercial vehicles, previously predicted a full-year loss of 5 cents to 12 cents per share.

  • Janney: New leaders mean innovation at Best Buy Wednesday, 10 Oct 2012 | 12:45 AM ET

    NEW YORK-- The departure of Best Buy's chief financial officer could signal the beginning of a broader executive shake-up and Janney Capital Markets said Wednesday that new leadership will bring change an innovation to the struggling electronics retailer. We already are seeing changes happen quickly at Best Buy, and we believe more changes are the way. "

  • *EIA sees 2012 gas output at record-high 68.85 bcfd* 2012 gas demand seen up 4.7 pct from 2011. NEW YORK, Oct 10- The U.S. Energy Information Administration said it expects domestic natural gas production in 2012 to be up nearly 4 percent from 2011' s record levels.

  • Mining companies shares mixed on price outlook Wednesday, 10 Oct 2012 | 12:42 AM ET

    Gold hit a 2012 closing high of $1,796.50 per ounce on Oct. 4. Although prices have fallen since, several analysts expect gold to hit or top $1,800 an ounce in 2013..