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  • TREASURIES-Yields rise as traders eye Fed announcement Wednesday, 29 Oct 2014 | 10:23 AM ET

    NEW YORK, Oct 29- U.S. Volumes in U.S. debt were light, with the benchmark 10- year Treasury note down 6/ 32 in price and yielding 2.305 percent in early New York dealings. "Everyone's being a little bit cautious," said Natan Magid, strategist at BMO Capital Markets in New York.

  • UK'S SERIOUS FRAUD OFFICE SAYS LAUNCHES CRIMINAL INVESTIGATION INTO TESCO ACCOUNTING PRACTICES.

  • FRANKFURT/ MADRID, Oct 29- E.ON is asking bidders to submit binding offers for its Spanish business by Nov. 3, in a sale likely to fetch as much as 2.2 billion euros to help Germany's top utility cut debt, three people familiar with the matter said. Potential bidders include Australia's Macquarie, private equity firm CVC Capital Partners and Spain's largest utility...

  • Orbital Sciences falls after rocket explosion. NEW YORK, Oct 29- U.S. stocks edged higher on Wednesday boosted by gains in the energy sector, with traders looking forward to a statement from the U.S. In a typical quarter since 1994, 63 percent of companies beat estimates, according to Thomson Reuters data.

  • UPDATE 1-Amedisys quarterly profit beats as expenses fall Wednesday, 29 Oct 2014 | 10:13 AM ET

    Oct 29- Amedisys Inc's quarterly profit sailed past analysts' estimates as the home health and hospice company cut its operating expenses, sending its shares soaring. Amedisys spent less on salaries and benefits, cost of services and other expenses in the third quarter, Obsidian Research Group analyst Toby Wann said. Amedisys reported an adjusted net income...

  • Oct 29- Amedisys Inc's quarterly profit sailed past analysts' estimates as the home health and hospice company's operating expenses fell 38 percent. Amedisys has been cutting costs and shut some of its hospices and home health care centers last quarter, helping it reverse a run of three straight quarterly losses. The company reported an adjusted net income...

  • Oct 29- Goodyear Tire& Rubber Co reported a higher-than-expected quarterly profit as raw material costs fell in North America and the tire maker said it would buy back shares worth up to $150 million in the fourth quarter. Operating income from Goodyear's North America business, which accounts for 44 percent of its total revenue, rose 30 percent in the third...

  • MOSCOW, Oct 29- Russia's largest non-state gas producer, Novatek, said on Wednesday its third-quarter net profit fell by 67.5 percent because of a weaker rouble, slightly missing forecasts. The company, co-owned by an ally of President Vladimir Putin and under U.S. sanctions, said its July-September normalized net profit reached 7.6 billion roubles, just below...

  • Shell Midstream Partners' shares rise 40 pct in debut Wednesday, 29 Oct 2014 | 10:08 AM ET

    Oct 29- Shares of Shell Midstream Partners LP, a master limited partnership formed by Royal Dutch Shell Plc, rose as much as 40 percent in their market debut, in what was the largest initial public offering by an MLP in a decade. Shares of the MLP, which owns stakes in four pipelines in Texas and Louisiana, opened at $32. About 40 million common units were sold at $23 per...

  • Oct 29- British oil and gas producer BG Group Plc will delay until the next decade a proposed liquefied natural gas export terminal on Canada's Pacific coast, the Wall Street Journal reported, quoting the head of the company's Canadian unit. Kim Blomley, a spokesman for BG Group, said he could not immediately confirm if the project had slipped into the next decade,...

  • *PetroChina posts drop in third-quarter net profit. *CNOOC's third-quarter revenue falls, production flat. HONG KONG, Oct 29- Chinese state-run oil giants PetroChina and CNOOC Ltd posted weaker third-quarter results on Wednesday, hit by a slump in crude prices as a result of ample supplies and weakening demand.

  • DETROIT, Oct 29- Ford Motor Co said it will conduct a regional recall of 204,448 Ford Edge and Lincoln MKX crossover vehicles to correct an issue that could cause a fire. The 2007-2008 models have fuel tank reinforcement brackets that could become corroded, which in turn could result in a fuel leak and a possible fire, Ford said Wednesday. The vehicles are being...

  • HOUSTON, Oct 29- U.S. refiner Phillips 66 said on Wednesday its third-quarter net profit more than doubled to $1.14 billion as margins benefited from the North American onshore oil boom. Earnings per share after certain items were $2.02, up from $0.85 a share in the year earlier period. Although profits at the company's chemical, midstream, and marketing units...

  • Boehringer and Lilly will continue to jointly develop and market these drugs in 17 countries, including the United States, they said in a statement on Wednesday. A new insulin glargine product, which is approved in Europe, has won tentative approval in the United States. Sanofi SA said on Tuesday that growth in sales of its diabetes drugs would stall next year due...

  • Facebook Inc's shares fell as much as 7.4 percent to $74.78 in early trading on Wednesday, a day after the company revealed aggressive spending plans for 2015.. At least 15 brokerages cut their price targets on the stock, by as much as $8 to as low as $78, mainly to reflect the company's expense and revenue outlook. JP Morgan rates Facebook "overweight", with a price...

  • BRASILIA, Oct 29- Brazil's central bank will likely keep interest rates steady for a fourth straight time on Wednesday, holding its ground until President Dilma Rousseff announces changes to economic policy following her narrow re-election victory. After narrowly defeating centrist Senator Aecio Neves on Sunday, Rousseff has pledged to change her...

  • *Fund to apply soon to invest more in China- CEO. OSLO, Oct 29- Norway's $860- billion sovereign wealth fund, the world's largest, booked a flat return in the third quarter as it was dragged down by weak European stocks, foremost among them embattled retailer Tesco. "It is clear that our investment in the British company Tesco has performed particularly poorly in the...

  • NEW YORK, Oct 29- U.S. mortgage applications to buy homes fell to their lowest level last week since February as interest rates on 30- year home loans edged up from the previous week's 16- month trough, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of loan requests for home purchases, a leading indicator...

  • MOSCOW, Oct 29- Rosneft, Russia's biggest oil producer, posted on Wednesday a steep fall in its third-quarter net income because of a weaker rouble and sliding oil prices, but defied expectations of a net loss. The state-controlled company, which has been hit by Western sanctions over Moscow's role in Ukraine, said its July-September net profit fell to 1 billion...

  • OTTAWA, Oct 29- Canada will require railways to secure unattended trains with a minimum number of handbrakes and other physical defenses to prevent runaways, Canada's transport ministry said on Wednesday in its latest response to last year's deadly crash in Quebec. Transport Canada will also tighten enforcement of railway labeling of hazardous materials...