HONG KONG, Sept 1- Hong Kong's benchmark index failed to hold onto midday gains on Monday, hurt by a weaker gambling sector after data showed Macau casino revenue declined for the third straight month in August. The Hang Seng Index closed barely changed at 24,752.09 points.» Read More
Sales rose for most automakers, led by gains of more than 30 percent for Toyota and Volkswagen. Toyota sales rose 42 percent from a year earlier, while Volkswagen jumped 34 percent from September 2011. Nissan, which has been hurt as Toyota and Honda recover from last year's earthquake in Japan, saw sales fall 1.1 percent.
Oct 2- Willbros Group Inc:.
is in advanced talks to combine its T-Mobile USA unit with MetroPCS, three sources familiar with the situation said on Tuesday, as the German telecoms group seeks to stem a decline in customers at its U.S. business.
*Credit Suisse cuts Websense Inc to underperform from neutral.
MONACA, Pa.-- Shell Oil Co. is offering to make payments to replace lost local taxes if a multi-billion dollar petrochemical plant is built in western Pennsylvania.
*Credit Suisse cuts Safeway Inc to underperform from neutral.
Oct 2- Valmont Industries Inc:.
Oct 2- TRW Automotive Inc:. *Moody's assigns baa2 rating to trw's new bank credit facility. *Rpt-moody's assigns baa2 rating to trw's new bank credit facility.
*Credit Suisse cuts Shaw Group Inc to underperform from neutral.
DENVER-- The Colorado Oil and Gas Conservation Commission is considering statewide rules on groundwater sampling and monitoring at new well pads. The commission on Monday began discussing the state's so-called "setback" rules on how far wells must be from buildings.
Oct 2- Mondelez International Inc. *Credit Suisse starts Mondelez International Inc with an outperform. rating; target price of $31.
Oct 2- Exchange-traded funds may be able to change their underlying benchmark indexes more easily than previously thought, Henry Fernandez, chief executive of leading index provider MSCI Inc, said on Tuesday. ETF managers' choice of indexes "may not be as sticky as we all thought," Fernandez said on a conference call with analysts.
*Nation Media shares the biggest faller. "Tea was the main driving factor," said Chris Muiga, a senior trader at Kenya Commercial Bank. During Tuesday's session, the central bank also offered to mop up 7 billion shillings in excess liquidity and received bids worth 9 billion shillings, accepting bids totalling 8.05 billion shillings.
What CFOs are more concerned about is how consumer confidence may be affected by next month's presidential election, according to an annual poll by BDO USA, the assurance, tax and financial consulting firm.
CHEYENNE, Wyo.-- The U.S. Environmental Protection Agency has approved plans to build a natural gas-fired power plant in Cheyenne. Black Hills Corp. said Monday that it would move ahead with plans to begin construction on the $237 million, 132- megawatt plant now that it's gotten a greenhouse gas air permit from the EPA.
Oct 2- Kraft Foods Group Inc. *Credit Suisse starts Kraft Foods Group Inc with an outperform. rating; target price of $50.
JUNEAU, Alaska-- The health care and social assistance industry is expected to see the largest rate of job growth in Alaska this decade. It estimates that Alaska will add nearly 40,000 jobs during that period, an increase of 12 percent, with nearly all sectors gaining.
U.S.-traded shares of Toyota Motor Corp. were slipped 22 cents to $76.85 although Japan's largest automaker said sales rose 42 percent. Honda Motor Co. sales rose 31 percent but its shares dropped a penny to $30.58. Nissan Motor Co. shares rose 11 cents to $16.84 although September sales declined by 1 percent.
*Credit Suisse cuts Saic to underperform from neutral.
NASHVILLE, Tenn.-- Little Big Town is having a moment. Karen Fairchild, one of the two women in the group, likes to think that a particular handbag purchase pushed "Pontoon" over the top.