Business News


  • Healthcare Services rises as analyst sees growth Monday, 1 Oct 2012 | 2:55 PM ET

    NEW YORK-- Shares of Healthcare Services Group Inc. rose Monday after a UBS analyst said the company, which provides housekeeping and food services to hospitals and nursing homes, should be able to sustain its strong growth. THE SPARK: Analyst A.J. Rice began covering Healthcare Services with a "Buy" rating and a price target of $27 per share.

  • *Get Started: IRS eases access to resources online Monday, 1 Oct 2012 | 2:55 PM ET
  • *Estimated Progress Fla. nuke plant repair costs up Monday, 1 Oct 2012 | 2:54 PM ET
  • Wash. gov orders state offices to cut energy use Monday, 1 Oct 2012 | 2:54 PM ET

    Chris Gregoire has directed all state offices to reduce their total building energy use by 20 percent by 2020..

  • WASHINGTON, Oct 1- The U.S. Export-Import Bank on Monday said it has approved an $118 million direct loan to a Vietnamese state-owned company to buy a telecommunications satellite and other goods and services from Lockheed Martin.

  • Kentucky man arrested in NY bailout fraud probe Monday, 1 Oct 2012 | 2:49 PM ET

    Wilbur Anthony Huff, 51, who has addresses in both Caneyville and Louisville, was released on $100,000 unsecured bond after a brief court appearance in federal court in Louisville in which prosecutors portrayed him as a flight risk. Attorney Preet Bharara in Manhattan called the case "Part Two" of his office's investigation of the taxpayer-funded TARP.

  • *He mentions Qatar, Saudi Arabia, Turkey, US, France, Libya.

  • *Toronto entertaiment mogul to transform skyline. TORONTO, Oct 1- Toronto's theater district as well as the skyline of Canada's biggest city will be transformed by star architect Frank Gehry as a tribute to the city in which he spent his childhood under an ambitious plan unveiled on Monday.

  • Oct 1- Weingarten Realty Investors. Monday sold $300 million of senior notes, said IFR, a Thomson Reuters service. Bank of America Merrill Lynch, J.P. Morgan and Wells Fargo were the joint bookrunning managers for the sale.

  • Outlook roundup: Gordmans Stores, Generac Holdings Monday, 1 Oct 2012 | 2:42 PM ET

    Among the earnings projection stories for Monday, Oct. 1, from AP Business News:. _ Gordmans Stores Inc., the clothing and home decor company, lowered its third and fourth-quarter financial forecasts because of a sales slowdown.

  • Oct 1- Amex Exploration Inc:. *Provides further details regarding its private placement. *Recently closed private placement for gross proceeds of $410,050.

  • U.S. tells Rwanda to denounce Congo M23 rebels Monday, 1 Oct 2012 | 2:41 PM ET

    NAIROBI, Oct 1- The United States on Monday called on Rwanda to publicly denounce rebels who have seized swathes of eastern Congo in an appeal that highlighted its frustration over Kigali's alleged role in its neighbour's conflict.

  • By Matt Scuffham and Myles Neligan. LONDON, Oct 1- Stockbrokers involved in the planned stock market listing of British insurer Direct Line reported good interest from private investors in London's first big retail share offering for six years, although some potential investors are unconvinced.

  • TEXT-Fitch rates Darden's proposed notes 'BBB' Monday, 1 Oct 2012 | 2:40 PM ET

    Oct 1- Fitch Ratings has assigned a' BBB' rating to Darden Restaurants, Inc.' s. proposed $300 million senior unsecured notes due 2022. At Aug. 26, 2012, Darden had approximately $2.1 billion of total debt.

  • *Announces new independent director to company's board. *Appointment of Brad Holiday, senior executive, vice president and CFO of. Callaway Golf Company to its board.

  • President Barack Obama plans to appoint Verizon Communications Inc executive John Stratton to the National Security Telecommunications Advisory Committee, the telephone company said on Monday.

  • --In conjunction with proceeds from Cheniere Energy Partners L.P.' s recent equity offering, SPLNG is redeeming its $550 million in 2013 notes.

  • BRIEF-CBOE Holdings September trading volume Monday, 1 Oct 2012 | 2:36 PM ET

    Oct 1- CBOE Holdings Inc:. *Reports September 2012 consolidated trading volume: 92.9 million total. *Says CBOE Holdings volume up 23% from August.

  • *FTC says some literally true claims can be misleading. WASHINGTON, Oct 1- Advertisers who try to entice customers with promises that their products are "green" or "eco-friendly" could quickly get in hot water with regulators if they cannot prove it, the Federal Trade Commission said on Monday.

  • TEXT-S&P assigns 'BB' rating to CenturyLink notes Monday, 1 Oct 2012 | 2:33 PM ET

    Oct 1- Standard& Poor's Ratings Services said today that it assigned its' BB' issue-level rating and' 4' recovery rating to Monroe, La.- based incumbent telephone company CenturyLink Inc.' s.