Business News


  • Oct 2- UQM Technologies Inc:. *Announces strategic alliance in China to broaden its global customer base. *UQM technologies-co, China- based partner to introduce UQM products into.

  • Oct 2- Och-Ziff Capital Management Group LLC:. *Och-ziff capital management group- estimated unaudited amount of AUM. was approximately $31 billion as of October 1- SEC filing.

  • BRIEF-Smart Balance to undergo reorganization Tuesday, 2 Oct 2012 | 8:39 AM ET

    Oct 2- Smart Balance Inc:. *Says plans to evolve its organizational structure to establish two business. *Under the new structure, will eliminate the role of president and chief.

  • *National Democrats investing in Ariz. Senate race Tuesday, 2 Oct 2012 | 8:39 AM ET
  • Citi analyst boosts Liberty Media rating to "Buy" Tuesday, 2 Oct 2012 | 8:39 AM ET

    NEW YORK-- A Citi analyst on Tuesday raised his rating for Liberty Media Corp. to "Buy" from "Neutral," predicting that the company will soon take control of Sirius XM Radio Inc..

  • *FBR raises Comstock Resources price target to $26 from $15. *FBR raises Devon Energy Corp price target to $80 from $70. *FBR raises Cimarex Energy Co price target to $72 from $57.

  • 2 theater companies cheer as they open new stages Tuesday, 2 Oct 2012 | 8:38 AM ET

    NEW YORK-- Stage actors always seem to get the attention in New York. The Pearl Theatre had a ribbon-cutting ceremony to celebrate moving into its new home near Times Square, while the Atlantic Theater Company reopened its main stage in Chelsea after an $8.3 million renovation.

  • Proxy advisory firm ISS receives SEC Wells notice Tuesday, 2 Oct 2012 | 8:38 AM ET

    Oct 2- Investment analysis and market index company MSCI Inc said its proxy advisory unit, Institutional Shareholder Services, received a Wells Notice on Sept. 14 related to a whistleblower complaint made against an employee of the unit.

  • LONDON, Oct 2- Goldman Sachs and Credit Suisse have emerged from the financial crisis as the biggest suppliers of brokerage services to the embattled hedge fund industry, a new study showed on Tuesday. Credit Suisse, which counts European hedge fund giant Brevan Howard as a key client, is in second place with $200 billion of assets.

  • Akin claims McCaskill benefited from stimulus Tuesday, 2 Oct 2012 | 8:37 AM ET

    JEFFERSON CITY, Mo.-- Republican challenger Todd Akin went on the offensive against Sen. Claire McCaskill in Missouri's Senate race on Monday, claiming that her husband's businesses profited from a federal stimulus act provision that helped finance low-income housing.

  • Oct 2- Cheniere Energy Partners LP:. *Partners announces pricing of $420 million senior secured notes offering by. occur on October 16, 2012.

  • CANADA STOCKS-TSX may open higher on Spanish hopes Tuesday, 2 Oct 2012 | 8:36 AM ET

    Oct 2- Canada's main stock index looked set for a higher open on Tuesday, as euro zone worries eased after a report ignited expectations of an imminent bailout request from Spain.

  • MacArthur Foundation reveals 2012 'genius grants' Tuesday, 2 Oct 2012 | 8:36 AM ET

    CHICAGO-- Mandolin player and composer Chris Thile learned the hard way that when you get a call from the 312 area code this time of year, you should probably answer the phone. Thile is among 23 recipients of this year's MacArthur Foundation "genius grants," which are given in a secrecy-shrouded process.

  • Iran has been able to finance imports -Ahmadinejad Tuesday, 2 Oct 2012 | 8:35 AM ET

    DUBAI, Oct 2- President Mahmoud Ahmadinejad said on Tuesday that Iran's central bank had provided enough hard currency to finance imports into the country, despite Western economic sanctions designed to cut its oil earnings.

  • At least 20 injured in California train crash Tuesday, 2 Oct 2012 | 8:35 AM ET

    HANFORD, Calif.-- Repair crews worked into Tuesday removing two derailed cars and a locomotive and to repair damaged railroad tracks after an Amtrak train carrying about 169 passengers derailed in a collision with a big rig truck in California's Central Valley.

  • *SAfrica truckers stage protest in Johannesburg Tuesday, 2 Oct 2012 | 8:33 AM ET
  • SD tribe's lawsuit against beer stores dismissed Tuesday, 2 Oct 2012 | 8:31 AM ET

    The lawsuit was filed by the Oglala Sioux Tribe, which governs the Pine Ridge Indian Reservation, where alcohol is banned. Four beer stores named in the suit sold the equivalent of 4.3 million 12- ounce beer cans last year even though they're in Whiteclay, a Nebraska town with about a dozen residents on the reservation's border.

  • Investigators cite wasteful spending at VA events Tuesday, 2 Oct 2012 | 8:31 AM ET

    WASHINGTON-- Federal investigators estimated Monday that the Department of Veterans Affairs wastefully spent about $762,000 at two employee conferences last year in Orlando, Fla., and that senior leadership failed to provide proper oversight in planning and executing the events.

  • *NY's Louis Armstrong House hires Va. museum expert Tuesday, 2 Oct 2012 | 8:30 AM ET
  • U.S. home prices rise in August -CoreLogic Tuesday, 2 Oct 2012 | 8:30 AM ET

    NEW YORK, Oct 2- U.S. home prices rose in August as the housing market continued to gain traction, but recent gains could start to wane as the summer comes to an end, data analysis firm CoreLogic said on Tuesday. CoreLogic's home price index rose 0.3 percent from July and was up 4.6 percent compared with a year ago.