Dec 11- Canadian department store operator Hudson's Bay Co reported a lower-than-expected adjusted quarterly profit due to higher expenses, but same-store sales at its Lord& Taylor chain in the United States returned to growth. Excluding acquisition-related and restructuring costs, Hudson's Bay earned C $8.9 million, or 7 Canadian cents per share.
Dec 11- Canadian department store operator Hudson's Bay Co posted a bigger third-quarter net loss, mainly due to costs related to its acquisition of U.S. retailer Saks, but reported slightly higher same-store sales from its Lord& Taylor chain. Consolidated sales of Hudson's Bay rose 6 percent to C $984.1 million.
SINGAPORE, Dec 10- U.S. crude futures edged up on Tuesday, holding above $97 a barrel, on expectations of a second weekly drop in crude inventories in the United States. *Iranian Foreign Minister Javad Zarif said the Iranian nuclear deal would be dead if the U.S. Congress imposes new sanctions, even if they do not take effect for six months, Time Magazine said.
*Britain, France, German, Spain affected. PARIS, Dec 9- Airbus parent EADS risked a collision with unions and European politicians by unveiling plans to cut 5,800 mainly defence and space jobs that for a first time include significant forced redundancies, driven by weak European budgets.
Given Imaging Ltd. rose 26.3 percent to $29.87. YRC Worldwide Inc. rose 16.6 percent to $9.85. Elecsys Corp. rose 16.0 percent to $11.07.
*E&P spending to rise more than 7 pct in North America. The Big Oil companies-- Exxon Mobil Corp, Chevron Corp, Royal Dutch Shell Plc and Total SA and BP Plc-- though not targeted by activist investors are also under pressure to boost returns.
Dec 9- Oil and gas companies will spend about $723 billion on exploration and production in 2014, an increase of 6.1 percent from 2013, Barclays Bank said in a report on Monday. E&P spending outside North America is likely to increase 6 percent to a record $524 billion in 2014, a smaller increase than the 10 percent rise this year, Barclays said.
"For something of this magnitude and this controversial... there will be somebody who will challenge it," said Brian Cartwright, an advisor at consultancy Patomak Global Partners and a former general counsel at the Securities and Exchange Commission, one of the agencies voting on the measure.
*Statoil sees potential for more resources in area. OSLO, Dec 6- Statoil and ExxonMobil have made another big gas discovery off Tanzania and plan a drilling campaign over the next two years, lifting the East African country's hope of becoming a major gas exporter.
The heated battle for Warrnambool has moved into the slow lane as two separate regulators examine offers from preferred bidder Canada's Saputo Inc and rival Murray Goulburn Co-operative Co Ltd..
TORONTO, Dec 3- U.S. retailers looking north in their quest for growth should consider the frosty reception Canada has so far given trendy discounter Target Corp a cautionary tale: what looks like a simple border crossing can easily go wrong.
LAUNCESTON, Australia, Dec 3- Australia's new Liberal government is discovering that it's easier to promise to be business friendly and welcoming to foreign investment than it is to deliver in practice.
NEW YORK-- A look at the 10 biggest percentage decliners on New York Stock Exchange at 1 p.m.:. Cobalt International Energy Inc. fell 16.1 percent to $18.64. Tahoe Resources Inc. fell 8.2 percent to $16.33.
DAKAR/ LUANDA, Nov 29- Investors are stepping up the hunt for hundreds of billions of dollars worth of oil beneath a deep submerged salt crust offshore West Africa, seeking to emulate Brazil's major discoveries across the Atlantic.
*Move puts Saputo offer on ice for up to two months. SYDNEY, Nov 29- The three-way battle for Australia's oldest dairy firm took a fresh twist on Friday when a regulator temporarily stopped Canadian suitor Saputo Inc from processing acceptances for an offer that has the backing of the target's board.
SYDNEY, Nov 29- Saputo Inc's bid for Australia's Warrnambool Cheese and Butter Factory Co was dealt a blow on Friday after a regulator granted a rival suitor's request for an interim order preventing the Canadian dairy firm from processing acceptances received in the deal.
*New bid trumps Saputo but analysts say not a knockout blow. SYDNEY, Nov 28- Murray Goulburn Co-operative Co Ltd piled pressure on Canada's Saputo Inc in the race for control of key Australian dairy exports with a fresh A $530 million cash offer on Thursday for Warrnambool Cheese and Butter Factory Co..
SYDNEY, Nov 28- Murray Goulburn Co-operative Co Ltd unveiled an improved A $530 million cash offer for Australia's Warrnambool Cheese and Butter Factory Co on Thursday, trumping an approved bid from Canada's Saputo Inc..
CHATHAM, N.J./ LOS ANGELES/ WHITE PLAINS, NY, Nov 27- T he 2013 holiday shopping season may end up being remembered for its ugly sweaters and, for many retailers, even uglier discounts.
SYDNEY, Nov 27- Murray Goulburn Co-operative Co Ltd appealed to takeover regulators on Wednesday to block a revised bid from Saputo Inc for Australia's oldest dairy maker, as it seeks time for its own offer to win approval from a competition watchdog.