The NWS failed to staff an elite team of emergency forecasters and it cost NYC an estimated $200 million, NBC New reports.» Read More
*Said Cablevision spent the $100 million it promised. NEW YORK, Oct 1- Cablevision Systems Corp founder Charles Dolan testified on Monday that it was "quite a reversal" when Dish Network Corp abruptly ended their contract for high-definition programming, a dispute at the center of a long-running legal feud between the two pay TV providers.
--Delta Air Lines Inc. is issuing $1.7 billion of debt, consisting of a $1 billion B-1 term loan, $250 million B-2 term loan, and $450 million bank revolving credit. Rating Action On Oct. 1, 2012, Standard& Poor's Ratings Services assigned its' B+' issue rating and' 2' recovery rating to Delta Air Lines Inc.' s.
NEW YORK/ CHICAGO, Oct 1- Wal-Mart Stores Inc. A handful of sell-side analysts turned out to hear from Walmart workers nearly a year after a similar meeting was held near Wal-Mart's headquarters in Bentonville, Arkansas.
Oct 1- Fitch Ratings has assigned a' BBB-' rating to CenturyLink, Inc.' s proposed offering of 10- and 30- year senior unsecured notes. Fitch currently rates CenturyLink's Issuer Default Rating' BBB-'.
*U.S. manufacturing sector expands in September* China's factory activity shrinks for 2nd month in Sept* Euro zone manufacturing points to new recession By Adam Kerlin. NEW YORK, Oct 1- Brent crude slipped Monday as signs of economic weakness in Asia and a looming recession in the debt-saddled euro zone tempered more optimistic U.S. manufacturing data.
*China's factory activity shrinks for 2nd month in Sept. NEW YORK, Oct 1- Brent crude slipped Monday as signs of economic weakness in Asia and a looming recession in the debt-saddled euro zone tempered more optimistic U.S. manufacturing data. Federal Reserve's latest quantitative easing and geopolitical tensions in the Middle East.
NEW YORK, Oct 1- The S&P 500 kicked off a new quarter with a modest rally on Monday, lifted by a surprising expansion in U.S. manufacturing in September. But the Nasdaq Composite Index slipped 2.70 points, or 0.09 percent, to close unofficially at 3,113.53. Micron Tech fell 3.5 percent to $5.77 and JDS Uniphase lost 3.7 percent to $11.92.
NEW YORK, Oct 1- U.S. "There was a surprise in the ISM, after Chicago on Friday a lot of people were looking to some downside risk to that number," said Richard Gilhooly, interest rate strategist at TD Securities in New York.
*Kevin Lobo succeeds interim CEO Curt Hartman* Hartman to leave company* CEO search had been under way since February* Stock falls 1.5 percent in afternoon trading By Toni Clarke. Oct 1- Medical device maker Stryker Corp on Monday named Kevin Lobo, head of its orthopedics unit, as president and chief executive following an eight-month search.
NEW YORK, Oct 1- UBS AG on Monday lost a bid to suspend a federal regulator's lawsuit accusing it of misleading Fannie Mae and Freddie Mac into buying billions of dollars of risky mortgage debt.
NEW YORK-- Shares of Boston Beer Co. fell Monday after a UBS analyst highlighted concerns about stalling sales growth. That could mean overall revenue growth may be lower in 2013 than investors and Wall Street analysts expect. Boston Beer did not immediately respond to a request for comment.
NEW YORK, Oct 1- BMC Software Inc is exploring a potential sale of the company and has retained Bank of America Merrill Lynch to assist with the strategic review, people familiar with the matter said on Monday.
Irene Tse, who headed the North America operations of the Chief Investment Office, told the firm she is resigning to focus on "entrepreneurial ventures," according to a memo on Monday from Chief Operating Officer Matt Zames, a copy of which was obtained by Reuters.
NEW YORK-- Kraft Foods Inc. will spin off of its North American grocery business after the market closes Monday, a move intended to let it focus on its global snack brands. The remaining company will be called Mondelez International Inc. and will be home to brands such as Oreo, Cadbury and Nabisco.
DeVry Inc. was one of the day's biggest gainers, rising $1.11, or 4.9 percent, to $23.87, after peaking at $25.02 earlier in the day.
By Chris Reese and Marius Zaharia. NEW YORK/ LONDON, Oct 1- The U.S.
Oct 1- The U.S. Securities and Exchange Commission likely will not need another full year to revise its definition of municipal adviser, despite delaying its deadline until 2013, Commissioner Elisse Walter said on Monday.
NEW YORK, Oct 1- U.S. natural gas futures ended higher on Monday for the fifth straight day, with Northeast and Midwest forecasts calling for cool weather for later this week and next week driving the front contract to a new high for the year. As gas prices push well above $3 per mmBtu gas could become less competitive with coal in the power generation market.
Benchmark crude closed up 29 cents at $92.48 in New York. Brent crude, which is used to price international varieties of oil, fell 20 cents to $112.19 on the ICE Futures Exchange in London. Prices at the pump slipped to $3.782 a gallon, according to AAA, Wright Express and the Oil Price Information Service.
NEW YORK-- Wendy Weil, a beloved literary agent known for her low-key but determined style and for an eclectic clientele of groundbreaking and best-selling authors, from Alice Walker and Rita Mae Brown to Fannie Flagg and Mark Helprin, has died. "It's like a face fell off Mount Rushmore," Brown told The Associated Press.