MOSCOW, March 17- Russian Industry Minister Denis Manturov said on Monday he favoured the idea of providing state support to indebted coal and steel group Mechel. "It makes no sense in bankrupting Mechel today," Manturov told reporters in Moscow. "It will be far more effective to provide state support."» Read More
WASHINGTON, Nov 13- Top government information technology officials were set to testify to Congress on Wednesday that they were making headway on fixing HealthCare.gov, the broken website used to sign up for President Barack Obama's signature health insurance program.
*U.S. to sell $24 billion 10- year notes, part of refunding. Treasuries prices rose on Wednesday as investors prepared for an upcoming $24 billion auction of 10- year notes, the second leg of the Treasury's $70 billion quarterly refunding this week.
*Bank earnings may fall by 10 pct in Q4- analyst. LAGOS, Nov 13- Nigeria's banks are facing a profit squeeze this year as a result of new measures to help the country's economy that are also partly designed to get them to lend more to domestic businesses and consumers. As a result, the banks have had little incentive to lend to Nigeria's real economy.
NEW YORK, Nov 13- Asset managers' bond holdings are surging as banks that traditionally facilitated trades in debt markets scale back, raising fears that increasingly one-sided markets are at a greater risk of frantic selloffs.
Nov 13- Shares of hotel chain Extended Stay America Inc rose as much as 15 percent in their market debut, valuing the company at about $4.6 billion. Extended Stay shares opened at $22.75 and touched a high of $22.96 on the New York Stock Exchange on Wednesday. Deutsche Bank, Goldman Sachs and J.P. Morgan were the lead underwriters for the offering.
*Sees fourth-quarter rev $105- $106 mln vs est $112.6 mln. Nov 13- Chip gear maker Photronics Inc estimated fourth quarter results that fell short of analysts' expectations, mainly due to delayed orders from an Asian foundry customer, sending its shares down 9 percent in early trading.
NEW YORK, Nov 13- Wall Street opened lower Wednesday as uncertainty over how soon the Federal Reserve will begin to scale back its stimulus efforts curbed investors' appetite for risky assets.
SAN FRANCISCO, Nov 13- Motorola is betting that low-cost smartphones can provide the spark to rekindle its struggling business, even as the company's ownership by Google Inc will force it to sit out of China, the world's largest smartphone market.
WASHINGTON, Nov 13- The Obama administration's health insurance website, HealthCare.gov, experienced technical problems at its Oct. 1 launch, after U.S. officials failed to test the system for the high volume of visitors who flocked to the site on its first day, a key U.S. technology official said on Wednesday.
MILAN, Nov 13- Italian airline Alitalia is likely to extend the deadline for subscribing to a capital increase at Wednesday's board meeting to give major shareholder Air France-KLM more time to sign up.
NEW YORK, Nov 13- Wall Street was set to open lower Wednesday as uncertainty over how soon the Federal Reserve will begin to scale back its stimulus efforts curbed investors' appetite for risky assets. On Tuesday, Minneapolis Fed Bank President Narayana Kocherlakota and Atlanta Fed President Dennis Lockhart said monetary policy should remain accommodative.
WASHINGTON, Nov 13- A top technology adviser to President Barack Obama said on Wednesday that a team of experts trying to fix the website used to sign up for health insurance is making progress.
Nov 13- Macy's Inc on Wednesday reported higher-than-expected- quarterly sales and earnings, helped by more promotions and advertising, and the department store chain said business had improved as the quarter progressed.
Treasury said it raised another $1.2 billion in proceeds in October from the sale of its shares in General Motors Co as it continues to reduce its stake in the No. 1 U.S. automaker.
Nov 13- Metro Inc, Canada's No.3 grocer, posted a larger-than-expected 40 percent drop in quarterly profit as expanding U.S. retailers provided "intense competition" in its home market. Metro Inc said its fourth-quarter sales were hurt by competition, especially in Ontario, where rival retailers have opened more stores.
Nov 13- Shares of YRC Worldwide were set to open 25 percent lower after the trucking company reported a bigger-than-expected quarterly loss, citing a shortage of drivers.
*Keeps group FY view unchanged, cuts Russia growth view. COPENHAGEN, Nov 13- Danish brewer Carlsberg A/S is confident of a return to growth in key market Russia after regulations to curb alcohol abuse dented third-quarter results, although western European markets may not pick up for a year or two.
Nov 13- Chip gear maker Photronics Inc forecast fourth quarter results that fell short of analysts' expectations mainly due to delayed orders from an Asian foundry customer. The company, which makes high-precision quartz photomasks for integrated circuits, forecast earnings of 6 cents to 7 cents per share, on revenue of about $105- $106 million.
*Commission launches first ever in-depth review of Germany. BRUSSELS, Nov 13- The European Commission decided on Wednesday to prepare an in-depth analysis of Germany's persistently high current account surplus to find out if it is a sign of a serious imbalance in Europe's biggest economy.
SAO PAULO, Nov 13- Shares of Gol Linhas Aereas tumbled to a two-month low on Wednesday after the Brazilian airline posted its sixth straight quarterly loss and forecast no rebound in the domestic market next year.