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  • Oct 8- Chemicals maker TPC Group Inc on Monday said it received a buyout proposal from Innospec Inc. Private equity firms First Reserve Corp and SK Capital Partners in August had offered $627.2 million to acquire TPC. Innospec, a specialty chemical maker, could offer $44 to $46 per share in cash, TPC said in a statement on Monday.

  • Living room built around NYC Columbus statue a hit Monday, 8 Oct 2012 | 8:39 AM ET

    NEW YORK-- Anyone hoping to commune with Christopher Columbus on Columbus Day will be disappointed: He's booked solid. The exhibit, "Discovering Columbus" by Japanese artist Tatzu Nishi, has become a must-see cultural attraction in New York since it opened Sept. 20.

  • Red Bull venturing into fruity flavors Monday, 8 Oct 2012 | 8:38 AM ET

    NEW YORK-- Red Bull is rolling out its energy drink in three fruity flavors this spring, as the company looks to boost its stake in the rapidly growing market. Last year, sales volume for energy drinks rose by nearly 17 percent, with the top three players _ Monster, Red Bull and Rockstar _ all logging double-digit gains, according to Beverage Digest.

  • Nobel prize to Briton, Japanese for stem cell work Monday, 8 Oct 2012 | 8:37 AM ET

    STOCKHOLM-- British researcher John Gurdon and Shinya Yamanaka of Japan won this year's Nobel Prize in physiology or medicine on Monday for discovering that mature, specialized cells of the body can be reprogrammed into stem cells _ a discovery that scientists hope to turn into new treatments.

  • Presidential race rumbles into final 4 weeks Monday, 8 Oct 2012 | 8:33 AM ET

    LOS ANGELES-- Rumbling into its final four weeks, the presidential campaign is playing out on both coasts and multiple fronts, with Republican Mitt Romney seeking stature on foreign affairs and President Barack Obama raising political cash by the millions.

  • US futures heading lower on dour forecast for Asia Monday, 8 Oct 2012 | 8:30 AM ET

    NEW YORK-- U.S. stock futures dipped Monday as economists grow increasingly pessimistic about the outlook for Asia, as well as expectations for a leaden performance from major U.S. corporations as the earnings season kicks off.

  • Ahead of the Bell: UPS Monday, 8 Oct 2012 | 8:29 AM ET

    NEW YORK-- Citi cut its earnings forecast for UPS, citing weakening speedy package volumes and rising fuel costs.

  • NEW YORK, Oct 8- Netflix Inc:.

  • Rothko mural defaced at London's Tate Modern Monday, 8 Oct 2012 | 8:27 AM ET

    LONDON-- A vandal scrawled graffiti on a mural by modern American master Mark Rothko at London's Tate Modern on Sunday. According to an online manifesto, Yellowism is an artistic movement run by two people named Vladimir Umanets and Marcin Lodyga. In 2000, two Chinese performance artists attempted to urinate on Marcel Duchamp's urinal sculpture "Fountain."

  • Oct 8- Wal-Mart Stores Inc and American Express Co are teaming up to offer customers an alternative to debit and checking accounts, the companies said on Monday. In an era where it is increasingly' expensive to be poor,' we have worked with Walmart to create a financial services product that rights many of the wrongs that plague the market today. "

  • Wal-Mart, American Express team on prepaid card Monday, 8 Oct 2012 | 8:20 AM ET

    BENTONVILLE, Ark.-- Wal-Mart Stores and American Express are teaming up on a reloadable prepaid card for shoppers. Wal-Mart Stores Inc. and American Express Co. view the card as an alternative to debit and checking accounts that will help consumers better manage and control their finances. Wal-Mart, based in Bentonville, Ark., is the world's biggest retailer.

  • BRIEF-TPC shares up after buyout proposal Monday, 8 Oct 2012 | 8:20 AM ET

    NEW YORK, Oct 8- TPC Group Inc:.

  • Oct 8- Wal-Mart Stores Inc and American Express Co are teaming up to offer customers an alternative to debit and checking accounts, the companies said on Monday. The product, called Bluebird, will allow for deposits by smartphone and mobile bill paying, with no minimum balance, monthly, annual or overdraft fees.

  • NEW YORK, Oct 8- Cell Therapeutics Inc:.

  • Oil falls in Europe as world growth outlook dims Monday, 8 Oct 2012 | 8:01 AM ET

    By early afternoon in Europe, benchmark crude for November delivery was down $1.31 to $88.57 a barrel in electronic trading on the New York Mercantile Exchange. The widening spread between the Nymex and Brent contracts, now above $22, was attributed to higher U.S. output and supply risks in Europe and the Middle East.

  • Ahead of the Bell: BlackRock Monday, 8 Oct 2012 | 7:35 AM ET

    NEW YORK-- An analyst raised his rating and price target for BlackRock on Monday, saying that there is a good buying opportunity for the investment manager's stock. William Katz of Citi Investment Research boosted BlackRock Inc. to "Buy" from "Neutral" and increased its price target to $220 from $190.

  • NEW YORK, Oct 8- U.S. stock index futures fell on Monday after the World Bank cut its growth forecasts for East Asia, highlighting concerns about the global economic climate and corporate profits ahead of the upcoming earnings season.

  • "I'm no vandal," says man who defaced Rothko art Monday, 8 Oct 2012 | 7:07 AM ET

    LONDON, Oct 8- A man who claims to have defaced a major painting by Mark Rothko over the weekend in London said on Monday that Marcel Duchamp, the French artist most famous for his 1917 urinal that shocked the art establishment, would be "happy" at what he had done.

  • NEW YORK, Oct 8- At 68, Barbara Miller Elegbede is living proof that flower children need not grow up. A self-described hippie, she attended a San Francisco college at psychedelia's height and remembers friends constantly crashing on the couch of her apartment, just a block away from Janis Joplin's pad in the hip Castro neighborhood.

  • RPT-INSIGHT-The Lex Factor roils Dow Jones Monday, 8 Oct 2012 | 7:00 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.