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  • Oct 8- Wal-Mart Stores Inc and American Express Co are teaming up to offer customers an alternative to debit and checking accounts, the companies said on Monday. In an era where it is increasingly' expensive to be poor,' we have worked with Walmart to create a financial services product that rights many of the wrongs that plague the market today. "

  • *Federal investigators probe NJ bus accident Monday, 8 Oct 2012 | 8:24 AM ET
  • Oct 8- Database management software maker Progress Software Corp said Chief Executive Jay Bhatt will step down and that it could not reaffirm its fourth-quarter sales forecast. Progress Software said it may see some slippage in revenue growth in the fiscal fourth quarter in light of the CEO transition.

  • Chavez wins 6 more years in tightest race yet Monday, 8 Oct 2012 | 8:23 AM ET

    CARACAS, Venezuela-- President Hugo Chavez put to rest any doubts about his masterful political touch in winning a third consecutive six-year term after a bitterly fought race against a youthful rival who has galvanized Venezuela's opposition.

  • AMSTERDAM, Oct 8- Dutch bank and insurance group ING said on Monday it has agreed to sell its 33.3 percent stake in Chinese investment management firm China Merchants Fund for 98 million euros to the two other joint venture partners. The Chinese divestment will result in a net gain of 64 million euros, ING said in a statement.

  • *Austria, OMV say no talk of MOL exit from Nabucco. VIENNA, Oct 8- The partners in Azerbaijan's Shah Deniz II gas field are in talks to take a stake in the Nabucco consortium that is competing to build the first pipeline to deliver Azeri gas to Europe, Austria's economy and energy minister said on Monday.

  • BRIEF-PSG says 6-mo recurring earnings up 20% Monday, 8 Oct 2012 | 8:22 AM ET

    JOHANNESBURG, Oct 8- PSG Group Ltd:. *Says interim dividend per share increased by 26,9% to 33 cents. *Says recurring headline earnings per share increased by 19,9% to 162,5 cents.

  • Oct 8- Scientific Games Corp:. *Extends key supply agreement with gala coral. *Agreement covers 1,744 coral shops and provision of global draw's new.

  • *Awarded $349 million US army contract for tow missiles. *Says will deliver 6,676 of the new wireless tow missiles. *Source text* Further company coverage.

  • ZURICH, Oct 8- Rifts among top UBS managers are hampering Chief Executive Sergio Ermotti's efforts to make big cutbacks, especially in investment banking, according to senior sources both inside and close to the bank.

  • BRIEF-TPC shares up after buyout proposal Monday, 8 Oct 2012 | 8:20 AM ET

    NEW YORK, Oct 8- TPC Group Inc:.

  • Wal-Mart, American Express team on prepaid card Monday, 8 Oct 2012 | 8:20 AM ET

    BENTONVILLE, Ark.-- Wal-Mart Stores and American Express are teaming up on a reloadable prepaid card for shoppers. Wal-Mart Stores Inc. and American Express Co. view the card as an alternative to debit and checking accounts that will help consumers better manage and control their finances. Wal-Mart, based in Bentonville, Ark., is the world's biggest retailer.

  • *American express and walmart launch bluebirdï¿ ½: a new alternative to debit and. *Wal-mart stores-bluebird will be available next week online at. and in more than 4,000 walmart stores.

  • MegaFon to start pre-marketing IPO Tuesday-sources Monday, 8 Oct 2012 | 8:20 AM ET

    MOSCOW, Oct 8- MegaFon, Russia's second-largest mobile phone operator, will start pre-marketing its London initial public offering on Tuesday, several financial market sources said on Monday. A separate source said a statement was expected to announce the IPO in the coming days.

  • U.S. stock index futures fell on Monday after the World Bank cut its growth forecasts for East Asia, highlighting concerns about the global economic climate and corporate profits ahead of the upcoming earnings season. **INNOSPEC INC, Friday close $34.35.

  • *Raymond James Raises Unisys Corp target price to $26 from $23; rating. Reuters Station users, click. 1568. Reuters Station users, click. 4899.

  • BRIEF-Dow agrosciences acquires Cal/West Seeds Monday, 8 Oct 2012 | 8:14 AM ET

    *Dow agrosciences acquires cal/west seeds. *Dow agrosciences llc says financial terms of the agreement were not disclosed. choice brands, cal/west srl Argentina.

  • RESEARCH ALERT-N+1 singer cuts Cookson to hold Monday, 8 Oct 2012 | 8:13 AM ET

    Oct 8- Cookson Group PLC:. Reuters Station users, click. 1568. Reuters Station users, click. 4899.

  • Oct 8- Chemicals maker TPC Group Inc said it received a buyout proposal from Innospec Inc, valuing the company at up to $721 million, topping an offer made by private equity firms First Reserve Corp and SK Capital Partners. Specialty chemicals company Innospec could offer $44 to $46 per share in cash, TPC said in a statement on Monday.

  • Chrysler recalls over 44,000 trucks in US Monday, 8 Oct 2012 | 8:10 AM ET

    Oct 8- Chrysler Group LLC is recalling more than 44,000 pickup trucks in the United States because a rear-axle pinion nut could loosen and cause loss of vehicle control.