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  • The two advisers, who started at the same Prudential Securities office in Washington, D.C. in 1997, moved to Wells Fargo& Co's independent broker-dealer on Tuesday. Luts and Greenleigh moved to Citigroup's Smith Barney in 2004 after their old firm, Prudential Securities, was bought by Wachovia.

  • Holiday sales seen rising 4.1 percent in 2012 Tuesday, 2 Oct 2012 | 12:08 AM ET

    NEW YORK-- Americans are expected to spend more during what's traditionally the busiest shopping season of the year, but they're not exactly ready to shop `til they drop like they have been in the past two years.

  • LDK Solar says lenders give shareholder more time Tuesday, 2 Oct 2012 | 12:06 AM ET

    NEW YORK-- Chinese solar equipment maker LDK Solar says lenders to its controlling shareholder won't sell loan-related collateral for a year. That gave lenders the right to sell the collateral, which includes shares of LDK Solar.

  • Stocks sink on mixed economic signals Tuesday, 2 Oct 2012 | 12:05 AM ET

    The country's largest fertilizer company, Mosaic, said weak demand from China and India weighed on its profits. Mosaic, Dupont and stocks of other companies in the materials industry fell. Shortly before noon, the Dow Jones industrial average was down 75 points at 13,439. Dupont led the Dow lower, sinking 1.8 percent, or 84 cents, to $49.52.

  • Feds throw support behind lawsuit against JPMorgan Tuesday, 2 Oct 2012 | 12:02 AM ET

    WASHINGTON-- The federal government on Tuesday threw its support behind a lawsuit against JPMorgan Chase accusing Bear Stearns, the investment bank JPMorgan bought in 2008, of engaging in massive fraud in deals involving billions in residential mortgage-backed securities. Bear Stearns was sold to JPMorgan Chase in 2008..

  • *PetSmart to replace Sunoco in the S&P 500 index. Spain was said to be ready to ask the euro zone for help, but Germany has signaled that Madrid should hold off on making its request, according to European officials on Monday.

  • NRF: Holiday sales to rise 4.1 percent in 2012 Tuesday, 2 Oct 2012 | 12:02 AM ET

    NEW YORK-- Americans are expected to spend more during what's traditionally the busiest shopping season of the year, but they're not exactly ready to shop `til they drop like they have been in the past two years.

  • U.S. office market barely gains in third quarter Tuesday, 2 Oct 2012 | 12:01 AM ET

    *U.S. office rents inch up 0.3 percent- Reis report. NEW YORK, Oct 2- The U.S. office market recovery remained stalled in the third quarter as uncertainty over the upcoming federal elections, U.S. tax policy and Europe's fiscal problems crimped job growth, keeping demand for office space limp and rent growth anemic.

  • NEW YORK, Oct 2- Inspired by travel sites like Expedia, start-up Wiresurfer.com is promising to condense three days work into fifteen minutes for small companies shopping for telecommunications services.

  • WASHINGTON, Oct 1- A Kentucky businessman was arrested on Monday and charged with evading $53 million in taxes in a multi-faceted case stemming from an ongoing U.S. investigation of failed Park Avenue Bank.

  • Asia stocks gain on US manufacturing upswing Monday, 1 Oct 2012 | 10:47 PM ET

    South Korea's Kospi rose nearly 0.3 percent to 2,001.41 and Australia's S&P/ASX 200 gained 0.6 percent to 4,413.80. Benchmarks in Singapore, Taiwan and Malaysia also rose. The better news on manufacturing helped investors set aside concerns of a possible downgrade by credit rating agency Moody's of Spain's debt rating to junk status.

  • NEW YORK, Oct 1- American Airlines said on Monday it has temporarily grounded eight planes to evaluate them after seats became loose on two flights in the last few days-- incidents which have also prompted safety regulators to look into the matter.

  • World markets gain, but Spain downgrade looms Monday, 1 Oct 2012 | 9:57 PM ET

    South Korea's Kospi rose nearly 0.3 percent to 2,001.41 and Australia's S&P/ASX 200 gained 0.6 percent to 4,413.80. Benchmarks in Singapore, Taiwan and Malaysia also rose. The better news on manufacturing helped investors set aside concerns of a possible downgrade by credit rating agency Moody's of Spain's debt rating to junk status.

  • MELBOURNE, Oct 2- Australian shares advanced 0.5 percent on Tuesday, with investors on tenterhooks ahead of a central bank rate decision and resources stocks helped by stronger-than-expected U.S. manufacturing data.

  • DENVER, Oct 1- Relatives of victims of a Colorado movie theater shooting rampage demanded on Monday that President Barack Obama and Mitt Romney address gun violence in their first presidential debate this week in Denver.

  • NEW YORK, Oct 1- New York Attorney General Eric Schneiderman filed a civil fraud lawsuit against JPMorgan Chase& Co on Monday over mortgage-backed securities packaged and sold by the former Bear Stearns. JPMorgan, which bought Bear Stearns for $10 a share in March 2008, said in a statement it would contest the allegations.

  • Australia shares up 0.3 pct ahead of RBA meeting Monday, 1 Oct 2012 | 8:16 PM ET

    MELBOURNE, Oct 2- Australian shares opened 0.3 percent higher on Tuesday, with investors on tenterhooks ahead of a central bank rate decision and resources stocks helped by stronger-than-expected U.S. manufacturing data.

  • Toys R Us to offer price matching in stores Monday, 1 Oct 2012 | 8:02 PM ET

    NEW YORK-- Toys R Us will offer a price matching guarantee on all of its toys and products in stores this holiday season, the toy seller said Monday. Toy analysts say retailers are being tight with inventory this year, so those wanting in-demand toys like Monster High dolls and the LeapPad2 tablet should buy early.

  • NY indictment: Madoff fraud stretched to the 1970s Monday, 1 Oct 2012 | 7:38 PM ET

    NEW YORK-- New York prosecutors say the multibillion-dollar fraud carried out by Wall Street swindler Bernard Madoff began as far back as the early 1970 s. The revelation comes in a rewritten indictment boosting charges against four long-time employees of the investment firm Madoff ran from his Manhattan offices.

  • NY AG sues JPMorgan over Bear Stearns securities Monday, 1 Oct 2012 | 7:22 PM ET

    NEW YORK-- The New York attorney general's office has hit JPMorgan Chase& Co. with a civil lawsuit, alleging that investment bank Bear Stearns _ prior to its collapse and subsequent sale to JPMorgan in 2008 _ perpetrated massive fraud in deals involving billions in residential mortgage-backed securities.