HONG KONG, March 7- China shares ended a jittery week with a whimper on Friday, with a slip by financial and property stocks as investors braced for a possible bond default by Chinese solar equipment producer Chaori Solar. The CSI300 of the largest Shanghai and Shenzhen A-share listings shed 0.2 percent on the day and 0.5 percent on the week.» Read More
Oct 16- Bank of America Corp reported a third-quarter profit of $2.22 billion, compared with a loss a year earlier, as provisions for credit losses and expenses fell. The second-largest bank earned 20 cents per share in the three months to Sept. 30, beating the average analyst estimate of 18 cents, according to Thomson Reuters I/B/E/S.
Oct 16- BlackRock Inc, the world's largest money manager, said on Wednesday that its third-quarter profit rose 15 percent, citing market growth and strong global demand from its retail and institutional clients. The New York- based asset manager reported net income of $730 million, or $4.21 per share, up from $642 million, or $3.65 per share, a year earlier.
PARIS, Oct 16- French food group Danone said it was taking longer than expected to recover from an Asian recall of high-margin infant formula and cut its sales, profitability and free cash flow goals for 2013..
*Most Investors still expect eventual U.S. debt/budget deal. LONDON, Oct 16- European shares retreated from multi-year highs on Wednesday as uncertainty over the U.S. debt ceiling caused some traders to trim equity holdings, while LVMH's slower sales growth hit luxury goods stocks.
Oct 16- Mortgage insurer MGIC Investment Corp posted a second straight quarterly profit as the U.S. housing market recovers. MGIC reported a profit of $12.1 million, or 4 cents per share, for the third quarter, compared with a loss of $246.9 million, or $1.22 per share, a year earlier. New insurance written rose 23 percent to $8.6 billion.
Oct 16- Bank of America Corp reported a third-quarter profit of $2.22 billion attributable to common stockholders, compared with a loss a year earlier, as provisions for credit losses fell. The second-largest bank said on Tuesday it earned 20 cents per share in the three months to Sept. 30.
Oct 16- BNY Mellon Corp on Wednesday reported a higher-than-expected quarterly profit on rising fees from managing money, increased mutual fund balances and strength in foreign currency trading. The world's largest custody bank by assets earned $967 million, or 82 cents a share, in the third quarter, compared with $720 million, or 61 cents a share, a year earlier.
The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, rose 0.3 percent in the week ended Oct. 11.
Oct 16- PepsiCo Inc reported higher quarterly earnings on Wednesday and said it was on track to meet its financial goals for the year, despite global economic pressures.
Oct 16- Mattel Inc topped Wall Street's profit estimates for the third quarter, benefiting from strong demand for its chubby-faced American Girl dolls and its Monster High line depicting the teen descendants of famous monsters.
BEIJING, Oct 16- China's central bank said on Wednesday it will keep monetary policy largely stable but warned that rising capital inflows are putting pressure on credit expansion.
LONDON, Oct 16- North Dakota's rapidly rising oil output continues to defy the sceptics, who have predicted that production would stop growing as declining output from existing wells offsets extra production from new drilling.
The New York- based asset manager reported net income of $730 million, or $4.21 per share, up from $642 million, or $3.65 per share, a year earlier.
Oct 16- BNY Mellon Corp said on Wednesday that its third-quarter profit fell without a one-time tax benefit. The world's largest custody bank by assets earned $967 million, or 82 cents a share, compared with $720 million, or 61 cents a share, a year earlier. Tax Court decision, BNY Mellon said earnings were $706 million, or 60 cents a share.
LONDON, Oct 16- Mark Reilly, GlaxoSmithKline's former head of operations in China, is helping anti-corruption officials in the country who are investigating allegations of extensive bribery by the drugmaker. One person familiar with the situation said Reilly had been requested to remain in China while the investigations proceeded and was happy to do so.
*Senate aides say agreement near, details still unclear. LONDON, Oct 16- The dollar rose against the yen on Wednesday on renewed assurances from U.S. lawmakers that a deal to avert a U.S. default and reopen the partially-shut government was within reach.
Oct 16- Mattel Inc topped Wall Street's profit estimates for the third quarter, benefiting from strong demand for its American Girl and Monster High dolls.
*Washington may be nearing deal to resolve debt crisis. *Premiums in India, China rise, demand picks ups. LONDON, Oct 16- Gold was little changed on Wednesday, marking time after U.S. lawmakers gave renewed assurances that a deal to avert a U.S. default was within reach.
Oct 16- Advance Auto Parts Inc said it would buy General Parts International Inc in a deal that values the closely held company at $2.04 billion, creating the largest automotive after-market parts provider in North America.
*U.S. Senate seen edging closer to budget deal. LONDON, Oct 16- Global oil prices held steady on Wednesday as the U.S. Senate inched towards a last-minute deal to raise the government's borrowing authority and provide it with temporary funding. Brent crude slipped 5 cents to $109.91 a barrel by 0910 GMT after ending $1.14 lower in the previous session.