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  • HONG KONG, Oct 9- Hong Kong- based Ardon Maroon Fund Management, run by former Wall Street bank executives, has launched an Asia- focused hedge fund with seed capital from a European family office, a company document showed, aiming to profit from events such as mergers and restructurings.

  • Famous Brands in cheese JV with Coega Dairy Tuesday, 9 Oct 2012 | 1:45 AM ET

    JOHANNESBURG, Oct 9- Industrial group Famous Brands has formed a joint-venture with Coega Dairy that will manufacture a variety of cheese products, the company said on Tuesday. Coega Dairy is a dairy manufacturing business owned by local farmers, factory and farm employees.

  • Oct 9- Reliance Power Ltd:.

  • Turkey - Factors to Watch on Oct 9 Tuesday, 9 Oct 2012 | 1:39 AM ET

    The state Statistics Institute releases data on August's industrial output at 0700 GMT. Turkey's biggest listed won approval for a 10- year debt issue for foreign investors, according to a filing late on Monday to the stock exchange. Barclay's starts Isbank, Akbank and Garanti, Turkey's three biggest lenders, with an "overweight" rating, according to a report.

  • Oct 9- Rackspace Hosting Inc:. *RBC raises Rackspace Hosting Inc price target to $71 from $60; rating. Reuters Station users, click. 1568.

  • Japan Hot Stocks- Sanyo Industries, Pioneer Tuesday, 9 Oct 2012 | 1:38 AM ET

    TOKYO, Oct 9- The benchmark Nikkei average. Sanyo Industries Ltd shot up 14.1 percent to 146 yen, a five-month high, after the construction materials maker forecast an operating profit of 200 million yen for the six months ending Sept. 30, up from a previous forecast of an operating loss of 100 million yen, thanks to cost-cutting efforts.

  • INDICATORS - Slovakia - Oct 9 Tuesday, 9 Oct 2012 | 1:36 AM ET


  • Taiwan stocks end down; HTC limit-down Tuesday, 9 Oct 2012 | 1:36 AM ET

    TAIPEI, Oct 9- Taiwan stocks ended down 0.31 percent on Tuesday, with HTC. limit-down after posting a 79 percent fall in net profit in the third quarter, missing forecasts. ASIA-PACIFIC STOCK MARKET REPORTS: Japan..........

  • *Nomura raises Africa Oil Corp price target to Sek 100 from Sek 90;. For a summary of rating actions and price target changes on European companies:. Reuters Station users, click. 1580.

  • *Sale of shareholding in steel& tube. *Says has appointed an investment bank to underwrite and manage the sale of. its steel& tube shares at a fixed price of NZ $2.05 per share.

  • TAIPEI, Oct 9- TSMC, the world's biggest contract chip maker, said on Tuesday that unconsolidated sales in September rose 30.3 percent from a year earlier, though they fell back from August.

  • PARIS, Oct 9- European stocks are set to inch higher on Tuesday, halting the previous session's sell-off as expectations mount of further stimulus measures from China, although gains could be limited by broad worries over global growth and on whether or not Spain will request a bailout. ,for Germany's DAX and for France's CAC were up 0.2-0.5 percent.

  • RESEARCH ALERT-JP Morgan cuts Directv to neutral Tuesday, 9 Oct 2012 | 1:34 AM ET

    *JP Morgan cuts Directv to neutral from overweight. Reuters Station users, click. 1568. Reuters Station users, click. 4899.

  • fall after the Finance Ministry cuts the rebates paid on certain types of exports. *The investment bank says fiscal 2014 earning of Bajaj Auto, Ashok Leyland, and TVS Motors will be impacted by 6 to 10 percent, assuming prices of their vehicles remain constant. *Bajaj Auto falls 1.8 percent, TVS Motors falls 1 percent while Ashok Leyland is down 0.8 percent.

  • Oct 9- Vocera Communications Inc:. *Baird raises Vocera Communications Inc price target to $29 from $26;. Reuters Station users, click. 1568.

  • Oct 9- Superior Plus Corp:. *CIBC raises Superior Plus Corp price target to C $9.50 from C $8.75;. Reuters Station users, click. 1568.

  • Oct 9- Taseko Mines Ltd:. *Canaccord Genuity cuts Taseko Mines Ltd to hold from buy; raises. Reuters Station users, click. 1568.

  • *KBW cuts GFI Group Inc, Lazard Ltd to market perform from. Reuters Station users, click. 1568. Reuters Station users, click. 4899.

  • Oct 9- State Auto Financial Corp:. *KBW cuts State Auto Financial Corp to underperform from market. Reuters Station users, click. 1568.