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  • TEXT-Fitch rates Ares Capital Corp notes 'BBB' Wednesday, 10 Oct 2012 | 3:04 PM ET

    Oct 10- Fitch Ratings has assigned a rating of' BBB' to Ares Capital Corporation's. $230 million issuance of 4.75% unsecured convertible notes. Headquartered in New York, NY, Ares is an externally managed business development company, organized on April 16, 2004.

  • Oct 10- Royce Fund Services:. *Says Royce Mid Cap Fund to liquidate as it didn't attract, maintain assets at sufficient level to be viable. *Source text* Further company coverage ().

  • Oct 10- A U.S. state court has ordered JPMorgan Chase& Co to pay more than $18 million to a trust in a suit stemming from the bank's recommendation of a type of complex security that was unsuitable for the trust and benefited the bank.

  • SAN FRANCISCO, Oct 10- Record-high retail prices for gasoline in California began to ease on Wednesday, receding from an unprecedented jump to $5 a gallon in some areas, even as further refinery disruptions threatened to slow the decline.

  • DC shows off new trains, upgrading 1970s look Wednesday, 10 Oct 2012 | 2:59 PM ET

    WASHINGTON-- The nation's capital city is showing off a sleek new design for its subway trains, the biggest visible change to the cars since the system opened in the late 1970 s. Improvements on the new trains will be noticeable to anyone who has traveled the nation's second-busiest subway system.

  • *Debbie Reynolds hospitalized, cancels shows Wednesday, 10 Oct 2012 | 2:56 PM ET
  • Gold holds, but platinum and palladium down Wednesday, 10 Oct 2012 | 2:56 PM ET

    Stocks fell sharply because of signs of concern from Alcoa and Chevron. Alcoa said it expects a slowdown in China to lower demand for the aluminum it makes. George Gero, a vice president at RBC Global Futures, said a sell-off in gold is unlikely considering low interest rates, tension between Syria and Turkey and the ongoing European debt crisis.

  • Earnings Preview: Safeway reports 3Q Thursday Wednesday, 10 Oct 2012 | 2:55 PM ET

    NEW YORK-- Safeway Inc. may give investors a glimpse of how the supermarket chain's new loyalty program for shoppers is impacting sales when it reports its third-quarter results Thursday.

  • Kerouac's only play premieres in Mass. hometown Wednesday, 10 Oct 2012 | 2:54 PM ET

    The Beat Generation notables and their poetry-writing, conformity-defying antics come to life in the first production of Kerouac's only play.

  • Endeavour resolves work stoppage at Mexican mine Wednesday, 10 Oct 2012 | 2:53 PM ET

    NEW YORK-- Endeavour Silver Corp. said Wednesday that it has resolved the work stoppage that blocked its management from accessing certain facilities held under lease near the El Cubo mine in Mexico. Endeavor's U.S. shares rose 24 cents, or 2.6 percent, to $9.37 in afternoon trading. They are up 29 percent from a 52- week low of $7.25 set in mid-May.

  • By Richard Leong and Luciana Lopez. While traders had sold off earlier in the day to prepare for the $21 billion sale Of 10- year notes, part of this week's $66 billion in coupon-bearing offerings, Treasuries retraced that lost ground after the auction.

  • California woes hit refining shares hard Wednesday, 10 Oct 2012 | 2:53 PM ET

    Oct 10- Shares of refining companies with exposure to the volatile California fuel market fell sharply on Wednesday as an immediate supply crisis eased, but extended refinery outages threatened to keep pressure on gasoline prices.

  • New Issue - CVR Refining sells $500 mln in notes Wednesday, 10 Oct 2012 | 2:49 PM ET

    ,and Coffeyvile Finance on Wednesday sold $500 million of second lien senior secured notes in the 144 a private placement market, said IFR, a Thomson Reuters service. Credit Suisse, Citigroup, Barclays Capital, UBS and Jefferies were the joint bookrunning managers for the sale.

  • U.S. crude settles lower after choppy trading Wednesday, 10 Oct 2012 | 2:46 PM ET

    NEW YORK, Oct 10- U.S. crude futures fell on Wednesday, after a volatile session, on concerns about slowing economic growth that also hit Wall Street, after oil prices were lifted early by ongoing tensions in the Middle East.

  • UPDATE 3-Clinton Group no longer seeking sale of Wet Seal Wednesday, 10 Oct 2012 | 2:46 PM ET

    Oct 10- Activist investor Clinton Group said it will no longer push for the sale of women's clothing retailer Wet Seal Inc after winning control of the board last week, but will instead focus on turning the company around.

  • Unlikely Starbucks-Rodarte duo team for holiday Wednesday, 10 Oct 2012 | 2:41 PM ET

    NEW YORK-- Not expecting the indie fashion darlings of Rodarte and the in-every-neighborhood coffee retailer Starbucks to be in the same sentence, let alone the same stores? Starbucks Corp. tapped sisters Laura and Kate Mulleavy as its next design partners for a series of limited-edition products for the holiday season.

  • News Summary: Top China officials to skip IMF Wednesday, 10 Oct 2012 | 2:40 PM ET

    CHINA BOWS OUT: China's central bank governor and finance minister won't be attending IMF and World Bank annual meetings in Tokyo this week. MORE MINOR OFFICIALS: China's official Xinhua news agency published a report that said China's delegations to the meetings would be headed by a deputy to the central bank governor and a vice finance minister.

  • PRESS DIGEST-New Zealand newspapers - Oct 11 Wednesday, 10 Oct 2012 | 2:39 PM ET

    WELLINGTON, Oct 11- Following are some of the lead stories from New Zealand metropolitan newspapers on Thursday. Investors snap up shares in steel firm: More of Wellington steel distributor Steel& Tube is back in New Zealand hands after Australian cornerstone shareholder Arrium sold its 50.3 percent stake to pay down some of its significant debt.

  • Shareholders back Milan airport operator SEA listing Wednesday, 10 Oct 2012 | 2:37 PM ET

    MILAN, Oct 10- Milan airports operator SEA won on Wednesday shareholder approval for its listing plans, paving the way for a debut on the stock market by the end of the year.

  • News Summary: Smashing pumpkin harvest Wednesday, 10 Oct 2012 | 2:36 PM ET

    SMASHING SUCCESS: Farmers in a stretch of Illinois where most of the nation's pumpkins are grown say their crop is likely to be one of the few successes in a year when severe drought baked most of the nation's heartland.