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  • S&P cuts Spain credit rating two notches to BBB-minus Wednesday, 10 Oct 2012 | 5:09 PM ET

    NEW YORK, Oct 10- Standard& Poor's on Wednesday cut Spain's sovereign credit rating by two notches to BBB-minus, citing a deepening economic recession that is limiting the government's policy options to arrest the slide. S&P's move brings it in line with Moody's Investors Services, which also has Spain on watch for a downgrade from its Baa3 rating.

  • Oct 10- Mountain Province Diamonds Inc:. *Announces proposed $47 million rights offering. *Proceeds will be used to fund co's 49% share of initial capital costs for.

  • Massachusetts seeks compliance statements from pharmacies Wednesday, 10 Oct 2012 | 5:09 PM ET

    Oct 10- After a nationwide meningitis outbreak was tied to drugs shipped from a plant in Massachusetts, the state is requiring all pharmacy compounders to sign a statement saying they are complying with regulations on their work, officials said on Wednesday.

  • Oct 10- CVR Energy Inc:. *Announces pricing of $500 million of second lien senior secured notes. *Says the notes are being sold at an issue price of 100%.

  • Garage builder in Fla. looks for cause of collapse Wednesday, 10 Oct 2012 | 5:07 PM ET

    MIAMI-- The company overseeing construction of a community college parking garage in Florida says it's working to find out why it collapsed. Ajax Building Corporation released a statement Wednesday, extending its sympathies to the family of the worker killed in the collapse and those who were injured.

  • BRIEF-Moody's rates MMM Holdings credit facility B2 Wednesday, 10 Oct 2012 | 5:07 PM ET

    *Moody's rates mmm holdings' $480 million credit facility b2; stable outlook.

  • NZ Oil & Gas Ltd buys stake in exploration permit Wednesday, 10 Oct 2012 | 5:07 PM ET

    WELLINGTON, Oct 11- New Zealand Oil and Gas Ltd. NZO said it had taken a 6.667 percent stake in the exploration located off the Taranaki coast on the west coast of the North Island. It said it had bought the stake from Global Resource Holdings, LLLP and Randall C Thompson LLC, and would pay $9.5 million in three installments.

  • Yum Brands, FedEx, Alcoa are market movers Wednesday, 10 Oct 2012 | 5:06 PM ET

    NEW YORK-- Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:. Yum Brands Inc., up $5.28 at $70.99. FedEx Corp., up $4.41 at $89.99.

  • BRIEF-Minden Bancorp adopts stock repurchase program Wednesday, 10 Oct 2012 | 5:06 PM ET

    Oct 10- Minden Bancorp Inc:. *Source text The Board of Directors also approved the adoption of the Company's second stock repurchase program following MBL Bank's second step conversion offering completed in January 2011.

  • Oct 10- Eastman Kodak Co:. *Kodak and official committee of retirees agree on modification of U.S. *Proposed agreement resolves a $1.2 billion retiree benefits liability.

  • Oct 10- Fitch Ratings has affirmed BancWest Corporation's Long-term Issuer Default Rating at' A'. Fitch has also affirmed the ratings of the subsidiary banks, Bank of the West and First Hawaiian Bank. Today's rating action on BWE was taken in conjunction with Fitch's Global Trading and Universal Bank review.

  • For risk-reward, look beyond Southeast Asian equities Wednesday, 10 Oct 2012 | 5:04 PM ET

    BANGKOK, Oct 11- Year-to-date stock index gains in Thailand and the Philippines that are double those on broad Asian and world indexes suggest the easy money may already have been made in Southeast Asia.

  • BRIEF-Fairfax Financial offers $200 million in notes Wednesday, 10 Oct 2012 | 5:04 PM ET

    Oct 10- Fairfax Financial Holdings Ltd:. *Launches $200 million senior notes offering. *Intends to use net proceeds to augment its cash position, to retire.

  • HONG KONG, Oct 11- Apple Inc's largest contract manufacturer has been pushing for a Chinese worker left brain-damaged in a factory accident to be removed from hospital in a case that throws a harsh new spotlight on labour rights in China.

  • Oil ends lower, near $91 a barrel Wednesday, 10 Oct 2012 | 5:01 PM ET

    On the New York Mercantile Exchange:. Benchmark crude fell $1.14 to finish at $91.25 per barrel. Heating oil rose 1 cent to finish at $3.21 a gallon.

  • South Korea Sept producer inflation up but stays low Wednesday, 10 Oct 2012 | 5:00 PM ET

    SEOUL, Oct 11- South Korean annual producer price inflation quickened for a second consecutive month in September but remained subdued due to the economic slump, data showed on Thursday, hours before the central bank's policy meeting.

  • YANGON, Oct 11- Holy water is sprinkled over a new Honda sub-compact festooned with flowers and red ribbons. The Honda's owner, Nyein Chang Aung, hopes the blessing will protect him from accidents in a country with some of the world's most treacherous roads. As Myanmar opens up, its antiquated transportation system is undergoing dramatic change.

  • NYMEX-U.S. crude ends lower on economic growth worries Wednesday, 10 Oct 2012 | 5:00 PM ET

    NEW YORK, Oct 10- U.S. crude futures fell on Wednesday, in volatile trading, on concerns about slowing economic growth that also hit Wall Street, after oil prices were lifted early by ongoing tensions in the Middle East. For a complete report on oil futures markets, double click on SETTLE NET PCT LOW HIGH CURRENT DAY AGO CHNG CHNG VOL VOL.

  • U.S. sets final duties on Chinese solar panels Wednesday, 10 Oct 2012 | 5:00 PM ET

    WASHINGTON, Oct 10- The United States has set final anti-dumping duties ranging from 18.32 percent to 249.96 percent on billions of dollars of solar panels and cells from China, an attorney involved in the case said on Wednesday.

  • Kellogg reaffirms guidance for year Wednesday, 10 Oct 2012 | 4:59 PM ET

    BATTLE CREEK, Mich.-- Kellogg Co. reaffirmed its full-year earnings guidance on Wednesday, saying that strong performance from its recently acquired Pringles brand offset costs for the anticipated costs a recent recall of Mini-Wheats cereal. Kellogg expects to earn between $3.18 and $3.30 per share for the year.