Business News


  • Northern NV gas prices shoot up along with Calif. Wednesday, 10 Oct 2012 | 8:30 AM ET

    LAS VEGAS-- Nevada's average gas price is $3.93 per gallon after northern city prices shot up in line with California and southern cities trailed far behind. AAA says Tuesday that some northern Nevada metropolitan areas supplied by California saw their fuel prices jump 24 cents in a single week.

  • Becton Dickinson CFO to go, temporary exec named Wednesday, 10 Oct 2012 | 8:30 AM ET

    FRANKLIN LAKES, N.J.-- Medical device maker Becton Dickinson& Co. says Chief Financial Officer David Elkins is leaving for another job, and named one of its executives as a temporary CFO while it searches for a replacement. Elkins, 44, has been with the Franklin Lakes, N.J., company since 2008. He will leave after Becton Dickinson reports financial results on Nov. 7.

  • PRAGUE, Oct 10- The Russian bidder for the contract to enlarge Czech CEZ's Temelin nuclear power plant on Wednesday ruled out linking its bid with French company Areva, which was disqualified from the tender last week.

  • Activists in 28-hour protest at Swedish nuke site Wednesday, 10 Oct 2012 | 8:26 AM ET

    Greenpeace said two other protesters were still hiding at another plant on the eastern coast. Fifty others scaled the outer fences of the Forsmark reactor site, Greenpeace said. "We still have two guys at the Forsmark site who have not been found," Greenpeace spokeswoman Birgitte Lesanner said. "

  • Casino wagers in Ohio drop 5 percent in September Wednesday, 10 Oct 2012 | 8:26 AM ET

    The Ohio Casino Control Commission reported Tuesday that combined wagers in September at casinos in Cleveland and Toledo were $331.8 million, down 5 percent from August's $349.6 million. Wagers dropped 9 percent in September at the Toledo casino to $152.9 million and dipped 1.5 percent in Cleveland to $178.7 million.

  • RESEARCH ALERT-Haywood cuts Prodigy Gold target price Wednesday, 10 Oct 2012 | 8:26 AM ET

    Oct 10- Prodigy Gold Inc:. *Haywood cuts Prodigy Gold target price to C $1 from C $1.10. Reuters Station users, click. 1568.

  • Retailer Wet Seal names Clinton Group nominee as chairman Wednesday, 10 Oct 2012 | 8:26 AM ET

    Oct 10- Clothing retailer Wet Seal Inc named a Clinton Group nominee as chairman of its board, after replacing four of its board members with the activist investor's nominees last week.

  • German DAX a strong bet whatever the weather Wednesday, 10 Oct 2012 | 8:26 AM ET

    Exporters with a global reach, an economy that has stayed out of recession, and an abundance of solid household names made Germany a top pick for those who wanted to- or had to- invest in euro zone equities when the currency union's future looked in question earlier this year.

  • BRIEF-Progressive reports September results Wednesday, 10 Oct 2012 | 8:26 AM ET

    *Says September net premiums earned $1.25 billion. *Says Q3 earnings per share $0.46. *Says Q3 premiums earned $4.05 billion, up 8 percent.

  • Fiat CEO says disagrees with Moody's downgrade Wednesday, 10 Oct 2012 | 8:26 AM ET

    BRUSSELS, Oct 10- Fiat's Chief Executive Sergio Marchionne said he disagreed with Moody's decision on Wednesday to downgrade the Italian carmaker rating by one-notch to Ba3. "The decision was expected by I don't share it," Marchionne told Reuters on the sidelines of a conference.

  • Minn. corn, soybean harvests outpace 2011 Wednesday, 10 Oct 2012 | 8:25 AM ET

    ST. PAUL, Minn.-- Minnesota's corn and soybean harvests are advancing well ahead of last year's pace as well as the five-year averages. In its weekly crop progress report, the U.S. Department of Agriculture said Tuesday that 95 percent of Minnesota's soybean crop was harvested by Sunday, compared with 69 percent last year and a 55 percent average.

  • US futures mixed as earnings season begins Wednesday, 10 Oct 2012 | 8:25 AM ET

    Stocks are under pressure due to a forecast from the International Monetary Fund on Tuesday, which said that the global economy continues to weaken and that the recession in Europe could extend to developing nations. Shares of Alcoa are lower Wednesday after the aluminum maker cut its demand expectations for the year, largely because of a slowdown in China.

  • Outokumpu CEO denies Terni sale unexpected -report Wednesday, 10 Oct 2012 | 8:24 AM ET

    HELSINKI, Oct 10- Stainless steel maker Outokumpu. Outokumpu said on Tuesday that it was committed to sell the mill in Terni, Italy- considered one of the most advanced steel mills in Europe- to gain regulatory approval for the deal. The European Commission had deemed Outokumpu's previous plan to sell Swedish operations as insufficient.

  • Oct 10- Coca-Cola Enterprises Inc:. *Credit agricole cuts Coca Cola Enterprises to outperform from buy;. Reuters Station users, click. 1568.

  • New Issue-China South City prices $125 mln 2017 bond Wednesday, 10 Oct 2012 | 8:22 AM ET

    October 10- Following are terms and conditions. of a bond priced on Wednesday.

  • LONDON, Oct 10- Talks on a $45 billion merger between EADS and BAE Systems collapsed on Wednesday after the governments of France, Germany and Britain failed to reach agreement over a deal to create the world's largest aerospace and arms group.

  • BRIEF-Endeavour reports tack on offering of senior notes Wednesday, 10 Oct 2012 | 8:21 AM ET

    Oct 10- Endeavour International Corp:. *Announces $54 million tack on offering of senior notes. U.K oil and natural gas properties.

  • BRIEF-Kinross says CFO to resign Wednesday, 10 Oct 2012 | 8:19 AM ET

    Oct 10- Kinross Gold Corp:. *Source text: Kinross Gold Corporation today announced that Executive Vice-President and Chief Financial Officer Paul H. Barry will be leaving the Company and pursuing other interests.

  • Oct 10- Esperanza Resources Corp:. *Haywood Research starts Esperanza Resources Corp with sector. Reuters Station users, click. 1568.

  • New Issue-SM Investment prices $500 mln 2019 bond Wednesday, 10 Oct 2012 | 8:15 AM ET

    October 10- Following are terms and conditions. of a bond priced on Wednesday.

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