Hedge fund manager Louis Bacon accused Peter Nygård of orchestrating an "obsessive and malicious" smear campaign against him for 4-1/2 years.» Read More
*Coming up: Baker Hughes rig data, CFTC trade data Friday. NEW YORK, Oct 4- U.S. natural gas futures traded slightly lower on Thursday, pressured by milder mid-month weather forecasts and a government report showing a weekly inventory build well above market expectations.
WASHINGTON, Oct 4- Republican hopeful Mitt Romney and President Barack Obama praised the deficit-cutting plan known as Simpson-Bowles at their debate on Wednesday, but neither has made the politically painful choices put forward by that scheme.
NEW YORK-- Christie's will inaugurate its long-term partnership with the Andy Warhol Foundation to sell its collection with a daylong sale next month. It includes a Polacolor print of Liza Minelli estimated to sell for $15,000- $20,000. There's also a screenprint of Vladimir Lenin with a pre-sale estimate of $40,000- $60,000.
*Demand for strip mall space drops in third quarter. NEW YORK, Oct 4- The nascent recovery at U.S. strip malls stalled in the third quarter as retail sales struggled. But large regional malls continued to rebound, driven by top-quality malls with high-end department and specialty stores, real estate research firm Reis Inc said Thursday.
NEW YORK, Oct 4- Exchange-traded funds are waging a price war that may save investors money on fees, but cheaper fund choices pose a greater risk because they may rely on new, more-opaque indexes.
Oct 3- American Airlines and its pilots union resumed contract talks Wednesday, but other problems continued to beset the bankrupt carrier. "I will never ride on American Airlines ever again," said Tony Palm, who was stranded when a connecting flight on American from Chicago to New York's LaGuardia airport was canceled last month.
SINGAPORE, Oct 4- Singapore will allow companies to issue different classes of shares, its Finance Ministry said, a move that may in time help its stock exchange win new listings.
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.
MELBOURNE, Oct 4- Australian shares were up 0.2 percent on Thursday as banks rose while miners fell, with sentiment dented by soft retail sales figures for August and declines in oil and copper prices. Top banks continued this week's post rate-cut gains, led by a 1.2 percent rise in Westpac Banking Corp.
Some investors remained cautious due to events in Spain. Spain is under pressure to ask for financial assistance from the European Central Bank to keep a lid on its borrowing costs but the government has been reluctant to do so because it may come with conditions on its budget.
Oct 4- Louis Dreyfus Group and a unit of JPMorgan Chase& Co have agreed to sell their jointly owned energy trading business to two investor groups, the companies said on Thursday.
Wednesday's decision by the 5th U.S. Circuit Court of Appeals in New Orleans came amid a separate labor dispute by the airline's 8,000 pilots and its parent company, AMR Corp., which filed for bankruptcy in November.
MELBOURNE, Oct 4- Australian shares rose 0.2 percent early on Thursday as gains in banks offset weaker miners, with sentiment supported by encouraging jobs growth data in the United States.
Oct 3- American Airlines and its pilots union resumed contract talks Wednesday, but other problems continued to beset the bankrupt airline. "I will never ride on American Airlines ever again," said Tony Palm, who was stranded when a connecting flight on American from Chicago to New York's LaGuardia airport was cancelled last month.
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 and quarterly letter he sent to his investors.
*Russia may be irritated with calls for new sanctions-envoys* Israel has threatened military action against Iran By Louis Charbonneau.
Oct 3- Food company Ralcorp Holdings Inc said on Wednesday it appointed investor Keith Meister to its board of directors. Meister's firm, Corvex Management, revealed a stake in Ralcorp in August and urged the company to either sell itself, buy another company, or change its strategy nearly a year after Ralcorp rejected a takeover offer from ConAgra Foods Inc.
NEW YORK, Oct 3- Small- and mid-capitalization stocks were flat to slightly lower on Wednesday as shares of oil companies sank in line with a sharp fall in oil prices. Shares of Superior Energy Services were down 6 percent at $19.14.
FRANKFURT/ NEW YORK, Oct 3- T-Mobile USA, which plans to merge with MetroPCS, will have to overcome technology hurdles to be able to take on bigger rivals Verizon Wireless, AT&T Inc and Sprint Nextel Corp.
Oct 3- Food company Ralcorp Holdings Inc said on Wednesday it appointed investor Keith Meister to its board of directors.