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  • Oct 4- Oil and gas company ZaZa Energy Corp. ZaZa Energy Corp's portfolio includes about 72,000 acres in the oil-rich Eagle Ford shale field and 90,000 acres in the Woodbine region, both in Texas. The Houston- based company ended its exploration and development agreements with Hess Corp in the Paris Basin and Eagle Ford shale field in June.

  • Calpine buys Texas power plant for $432 million Thursday, 4 Oct 2012 | 9:48 AM ET

    HOUSTON-- Calpine Corp. said Thursday that it will buy a natural gas-fired power plant in Texas for about $432 million to boost its presence in a state where the supply of surplus power is shrinking. Calpine is buying the 800- megawatt plant near Laguna Park in central Texas from Bosque Power Co. LLC.

  • U.S. stock index futures added to gains after European Central Bank President Mario Draghi said growth risks are on the downside and should be contained by effective policymaker action. Brokerages Canaccord Genuity, Robert W. Baird& Co, Mizuho Securities USA, BMO Capital Markets and ThinkEquity Llc cut their price targets on the stock.

  • Key revenue figure up 13 pct. at Tandy Leather Thursday, 4 Oct 2012 | 9:14 AM ET

    Tandy Leather Factory Inc. said Thursday fiscal third-quarter sales topped second-quarter sales for the first time in more than 10 years. All were counted in the closely watched figure for sales at locations open at least a year, and their revenue rose to $3.2 million, up from $2.8 million a year earlier.

  • U.S. stock index futures added to gains after European Central Bank President Mario Draghi said growth risks are on the downside and should be contained by effective policymaker action. **NUVASIVE INC, Wednesday close $22.62, down 29.3 pct premarket. **INFORMATICA CORP, Wednesday close $33.63, down 19.7 pct premarket.

  • UPDATE 1-Calpine to buy Texas power plant for $432 mln Thursday, 4 Oct 2012 | 8:39 AM ET

    Oct 4- Calpine Corp, the largest U.S. independent power generator, said it will buy an 800- megawatt power plant from Bosque Power Co LLC for $432 million plus adjustments, boosting its capacity in power-hungry Texas. In April, Calpine said it will add more than 500 megawatts in Texas by the summer of 2014 to help avoid rolling outages.

  • Romney would end Obama immigration policy Thursday, 4 Oct 2012 | 8:38 AM ET

    DENVER-- Republican presidential candidate Mitt Romney would end an Obama administration policy allowing some young illegal immigrants to stay in the country and work, though anyone already granted a reprieve from possible deportation wouldn't see that permission revoked.

  • McCaskill raises $5.8M; Akin backs abortion remark Thursday, 4 Oct 2012 | 8:31 AM ET

    Claire McCaskill touted a $5.8 million fundraising haul for her re-election campaign Wednesday as Republican challenger Todd Akin sought to raise cash amid new attention to his remarks about abortion.

  • Fewer U.S. foreclosures completed in August -CoreLogic Thursday, 4 Oct 2012 | 8:30 AM ET

    NEW YORK, Oct 4- Lenders seized fewer U.S. homes in August, in part due to the rising popularity of alternatives to foreclosure, data analysis firm CoreLogic said on Thursday. There were 57,000 foreclosures completed in August, down from 58,000 in July and 75,000 a year ago, according to CoreLogic.

  • REFILE-Calpine to buy Texas plant for $432 mln Thursday, 4 Oct 2012 | 7:59 AM ET

    Oct 4- Calpine Corp, the largest U.S. independent power generator, said it will buy an 800- megawatt power plant in Texas from Bosque Power Co LLC for $432 million plus adjustments.

  • Calpine to buy Texas plant for $432 mln Thursday, 4 Oct 2012 | 7:58 AM ET

    Oct 4- Calpine Corp, the largest U.S. independent power generator, said it will buy an 800- megawatt power plant in Texas from Bosque Power Co LLC for $432 million plus adjustments.

  • BRIEF-Calpine to purchase Bosque power plant Thursday, 4 Oct 2012 | 7:50 AM ET

    *To purchase bosque power plant for $432 million, increasing size of Texas. *Says expects to fund the acquisition with cash on hand. *Upon purchase, Calpine will change the name of the merchant plant to the.

  • *Oil India to get 20 pct, Indian Oil Corp 10 pct in Niobrara shale acreage. and Indian Oil Corp have jointly bought a 30 percent stake in Houston- based Carrizo Oil& Gas's Niobrara shale asset in Colorado for $82.5 million, the companies said in a statement.

  • *Seadrill may move to London, Singapore* CEO Thorkildsen disagreed with move, leaves firm.

  • NEW DELHI, Oct 4- State explorer Oil India. plans to raise $100 million in foreign loans by December to part-fund its stake buy in Carrizo Oil& Gas's. Earlier, Oil India and Indian Oil Corp said they have jointly bought a 30 percent stake in Houston- based Carrizo's Niobrara shale acreage in Colarado for $82.5 million.

  • NEW DELHI, Oct 4- Indian state-run firms Oil India Ltd and Indian Oil Corp have jointly bought a 30 percent stake in Houston- based Carrizo Oil& Gas's. Oil India will acquire 20 percent and Indian Oil Corp will get 10 percent in Carrizo's Niobrara basin acreage assets through their respective subsidiaries.

  • By Miranda Maxwell MELBOURNE, Oct 4- TPG Capital Management LP's. $700 million bid for Billabong International Ltd. Shares in Billabong fell as much as 23 percent to A $1.015, their lowest in more than three months, and last traded down 18.3 percent at A $1.075 before being placed on a trading halt.

  • Drought crushes local beef industry in Hawaii Thursday, 4 Oct 2012 | 3:09 AM ET

    At the same time, Hawaii cattle ranchers ship 40,000 live cattle each year to California, Kansas and other states, while just 4,000 are slaughtered for meat sales in Hawaii.

  • PRESS DIGEST-Funds Industry News - Oct 4 Thursday, 4 Oct 2012 | 2:54 AM ET

    *Morgan Stanley is in talks to sell a majority stake in its commodities business to the Qatar Investment Authority. *Singapore state investor Temasek Holdings is putting pressure on Standard Chartered to appoint more independent directors.

  • MELBOURNE, Oct 4- Australia's Billabong International Ltd lost almost a quarter of its market value after a report said the last remaining bidder, private equity firm TPG Capital Management LP, might follow former suitors and ditch its takeover offer for the surfwear retailer.