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  • With Wal-Mart overhang, other prepaid cards worry Monday, 8 Oct 2012 | 1:55 PM ET

    NetSpend and Green Dot, which sells many of its cards at Walmart stores, tumbled Monday after Wal-Mart Stores Inc. announced it would offer its own prepaid card with credit card issuer American Express Co. With its shares falling, Green Dot replied with a statement saying it supported Wal-Mart's efforts to offer more financial products to more customers.

  • NC settles Medicaid fraud case against Abbott Monday, 8 Oct 2012 | 1:54 PM ET

    RALEIGH, N.C.-- North Carolina will reap almost $16 million from a national Medicaid fraud settlement involving Abbott Laboratories.

  • The widening outbreak has alarmed federal and state health officials and focused attention on regulation of pharmaceutical compounding companies like the one that produced the drugs, the New England Compounding Center Inc in Framingham, Massachusetts.

  • Oct 8- American Airlines said unit revenue, a widely watched measure of pricing power, rose 4 percent in September and would have been higher if not for flight delays and cancellations.

  • News Summary: World Bank cuts Asia growth outlook Monday, 8 Oct 2012 | 1:53 PM ET

    OUTLOOK DIMS: The World Bank cut its growth forecast for Asia on Monday in a new sign of the impact of weakening global demand and warned China's cooling economy faces the risk of a "more pronounced slowdown." THE NUMBERS: The bank cut this year's growth outlook for developing Asia-Pacific economies to 7.2 percent, down from its May forecast of 7.6 percent.

  • CBS to buy New York radio station to relay WFAN Monday, 8 Oct 2012 | 1:53 PM ET

    NEW YORK-- CBS Corp. said Monday that it is buying a New York radio station for $75 million so that it can relay a popular AM sports radio feed on the FM dial. It would become the 127th radio station that CBS operates in 28 markets nationwide.

  • Oct 8- Members of the machinists union went on strike at Bombardier Learjet's facility in Wichita, Kansas, on Monday after rejecting a contract offer that would raise healthcare costs.

  • Dollar rises on concerns about global economy Monday, 8 Oct 2012 | 1:52 PM ET

    The World Bank cut its growth forecast for Asia Monday and said that China's economy could continue to cool. The officials are expected to discuss Greece, Spain and other matters related to Europe's debt crisis. The dollar fell to 78.34 Japanese yen from 78.69 yen and to 97.66 Canadian cents from 97.90 Canadian cents.

  • *Conference to discuss rules in Dubai in December. GENEVA, Oct 8- The best solution to improving oversight of the Internet may be to do nothing at all, a senior U.S. official said on Monday while briefing reporters on a conference in December that could decide to consolidate control within a U.N. body.

  • DUBLIN, Oct 8- The Irish central bank on Monday announced the names of six lenders under investigation over mis-selling payment protection insurance and said it was considering enforcement action against them.

  • Elie Wiesel survives Madoff wipeout, heart bypass Monday, 8 Oct 2012 | 1:49 PM ET

    NEW YORK-- When Elie Wiesel emerged from quintuple heart bypass surgery, still wired to monitors, he immediately started writing a book about the ordeal _ "in my head."

  • *NRA begins new ad campaign in battleground states Monday, 8 Oct 2012 | 1:45 PM ET
  • Analyst sees Wet Seal shakeup as a positive Monday, 8 Oct 2012 | 1:43 PM ET

    Recent changes at Wet Seal Inc. will vastly improve the board and could change the direction of the struggling retailer's business, a B. Riley& Co. analyst said.

  • NASHVILLE, Tenn, Oct 8- U.S. health officials on Monday reported an additional 14 cases in a fungal meningitis outbreak linked to steroid injections that has now killed eight people and infected 105 in nine states.

  • Britain picks up 7 International Emmy nominations Monday, 8 Oct 2012 | 1:39 PM ET

    NEW YORK-- British television productions received a leading seven International Emmy nominations Monday, including best actor and actress nods for Jason Isaacs in "Case Histories" and newcomer Joanna Vanderham in "The Runaway."

  • *Germany, others say Spain does not need financial help. LUXEMBOURG, Oct 8- Euro zone finance ministers launched their permanent 500 billion euro bailout fund on Monday but said Spain, the country widely expected to be first to draw on it, was taking steps to overhaul its economy and did not need a bailout for now. "Spain needs no aid programme.

  • *Itw medical products announces acquisition of coeur holding company. *Itw medical- terms of the transaction were not disclosed. *Source text* Further company coverage.

  • *Check-writing capability, other features, coming next year* Shares of rival card companies NetSpend, Green Dot tank* Wal-Mart, Amex shares largely unchanged. NEW YORK, Oct 8- Wal-Mart Stores Inc and American Express Co are teaming up to offer a prepaid debit card called Bluebird to target lower-income shoppers who do not have bank accounts.

  • BRIEF-Trio Tech reports Q4 results Monday, 8 Oct 2012 | 1:36 PM ET

    $0.18 per share* Q4 loss per share $0.18* Q4 revenue $11.3 million* Source text* Further company coverage.

  • Oct 8- Equity LifeStyle Properties Inc:. Equity LifeStyle Properties, Inc. responded today to a news report that the Company's Chief Executive Officer Thomas Heneghan has been approached about the position of chief executive officer of Equity International. Heneghan has informed the Company that he has not made any commitments to Equity International.