"It's another example of just how bad things are in the consumer credit sector," said Nic Norman-Smith, chief investment officer of Lentus Asset Management, which owns shares in JD Group's parent, Steinhoff International.» Read More
BERLIN, Oct 10- Germany denied responsibility for the failed merger of Airbus parent EADS and Britain's BAE Systems on Wednesday, but an official acknowledged that forming a world defence giant would have created difficulties in Berlin. "Germany alone did not block the merger.
Oct 10- Alabama Power agreed to buy wind power from a second TradeWind Energy LLC wind farm to be constructed in the U.S.
FRANKFURT, Oct 10- The European Central Bank cannot solve the euro zone's debt problems and it is rather up to the bloc's member states to adapt and get their budgets on solid ground, ECB policymaker Peter Praet said.
The United States and the European Union have imposed sanctions on Iran to deter it from pursuing a nuclear weapons program. The U.S. has pressed India to scale back its imports of Iranian crude to support those sanctions, but energy-starved India remains one of Iran's biggest oil purchasers.
sold $1 billion of senior notes in the 144 a private placement market on Tuesday, said IFR, a Thomson Reuters service. Bank of America Merrill Lynch, Goldman Sachs, Barclays Capital, J.P. Morgan, Credit Suisse, Deutsche Bank, Wells Fargo and UBS were the joint bookrunning managers for the sale.
NEW YORK, Oct 10- The Federal Reserve on Wednesday was selling on the open market U.S. Treasuries maturing April 2014 through February 2015, the New York Fed said on its website. The Fed previously said it intended to sell $7 billion to $8 billion of short-dated Treasuries on Wednesday.
The pints involved have the UPC symbol 8 94509 00231 9 and expiration dates ranging from February 2013 to August 2014. The peanut butter in the ice cream came from Sunland, Inc., a New Mexico peanut butter manufacturing plant. Clemmy's is located in Rancho Mirage, southeast of Palm Springs, and makes sugar, lactose and gluten-free ice cream.
October 10- Following are terms and conditions. of a bond increased on Wednesday.
PITTSBURGH-- Auditor General Jack Wagner wants to Pennsylvania Department of Health to license and regulate the state's 750 tattoo parlors. Wagner, a former Pittsburgh City Council president, was in the city for the announcement Tuesday.
BRUSSELS, Oct 10- German Defence Minister Thomas de Maiziere dismissed on Wednesday suggestions that German objections were the main reason for the collapse of merger talks between European planemaker EADS and Britain's BAE Systems. I do not share it, "said de Maiziere, who was in Brussels for a meeting of NATO defence ministers.
*Credit Suisse raises Spectrum Brands Holdings Inc target price to $53. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
LINCOLN, Neb.-- Nebraska- based Pinnacle Bank has agreed to buy First State Bank of Joplin, Mo.. First State Bank has four branches in Joplin, one in Sarcoxie and one in Webb City and a total of $183 million in assets.
DALLAS-- In the months after Doug Robinson started driving a truck, he noticed his clothes were increasingly more snug-fitting. Xpress, took part in a weight-loss challenge sponsored by the Truckload Carriers Association, the 321- pound, 6- foot-1-inch Robinson signed up.
*Credit Suisse starts IMAX Corp with outperform rating; price target. For a summary of rating actions and price target changes on European companies:. Reuters Station users, click. 1580.
*Credit Suisse raises Las Vegas Sands Corp price target to $53 from. *Credit Suisse raises Wynn Resorts price target to $144 from $135. *Credit Suisse raises Pinnacle Entertainment price target to $11 from.
*Group of 11 countries agree to impose transactions levy* Move to impose tax criticised by industry* Regulator warns of Europe's diverse regulation By John O'Donnell.
The weeklong program of panel discussions, speakers and demonstrations, which opened Monday, was the brainchild of Groupon co-founder Brad Keywell, who regards Chicago Ideas Week as a startup, albeit one that will never be publicly traded on Wall Street. The Chicago- based entrepreneur was briefly a billionaire after Groupon Inc.' s IPO last year.
CARSON CITY, Nev.-- State officials say Nevada casino revenues are down 3.1 percent in August compared with the same time a year ago. The Nevada Gaming Control Board reports casinos won $859 million in August. Washoe County winnings of $68 million were up 5 percent, while south Lake Tahoe winnings of $22 million were down 19.5 percent.
NEW YORK-- Downbeat reports from Alcoa and Chevron at the start of a critical corporate earnings season pulled stock indexes lower for a third straight day Wednesday. Alcoa, the aluminum producer, beat Wall Street earnings estimates on Tuesday night but said it expects a slowdown in China to weaken demand for aluminum.