FRANKFORT, Ky.-- Democrats in control of the Kentucky House passed a $20 billion budget plan Thursday evening over Republican objections, closely following the governor's recommendations in putting forth their spending priorities for the next two years.» Read More
*Third-qtr earnings 99 cents/ shr vs loss of $1.49 year earlier. Oct 22- CIT Group Inc reported its third straight quarterly profit that also beat analysts' estimates as the century-old small-business lender benefited from lower interest payments on its long-term debt.
LONDON, Oct 22- British finance minister George Osborne hit back on Tuesday at criticism that the government sold a chunk of postal service operator Royal Mail too cheaply.
Oct 22- United Technologies Corp, the world's largest maker of elevators and air conditioners, on Tuesday said its quarterly net profit increased slightly, helped by gains across most of its segments. The diversified manufacturer also raised the low end of its full-year earnings outlook, but lowered its revenue forecast for the year.
Oct 22- U.S. insurer Travelers Cos Inc said it would buy back an additional $5 billion of its shares under a new program. The company said the buy back was in addition to the $759 million that remained from previous repurchase plans as of Sept. 30. On a per share basis, earnings increased to $2.30 per share from $2.21 per share a year earlier.
*Third-quarter earnings $2.72/ share excluding items vs est $2.61. *Third-quarter appliance sales rise in Europe and North America. Oct 22- Whirlpool Corp raised its full-year earnings forecast after strong sales of its home appliances in Europe and North America helped the company to more than double its quarterly profit.
Oct 22- Medivation Inc and its Japanese partner Astellas Pharma Inc said a late-stage trial of their experimental prostate cancer drug met the main goal of improving patients' survival.
BEIJING, Oct 22- Russian energy companies signed a slew of deals with China on Tuesday, seeking to lock in sales to fund costly production and pipeline projects that will direct exports away from Europe to Asia.
Oct 22- U.S. auto dealer Asbury Automotive Group Inc posted a 10 percent rise in quarterly profit helped by the continuing recovery in the automobile industry. Net income rose to $22.7 million or 73 cents per share, in the third quarter, from $20.7 million, or 66 cents per share, a year earlier.
*Third-quarter operating earnings $0.45/ shr vs est $0.41. Oct 22- U.S. chemical maker DuPont's third-quarter profit beat analysts' estimates due to strong performance in its businesses that make solar panel parts and bullet proof vests.
LONDON, Oct 22- An improving economy will not be enough on its own to rein in Britain's still wide budget deficit and more action to cut costs is needed, finance minister George Osborne said on Tuesday.
*Paradise Co teams up with Sega Sammy for $1.7 bln South Korea casino resort. *Resort will be one of biggest in South Korea.
*Royalty worries weigh on ARM Holdings. *Gjensidige beats forecast, announces special dividend. LONDON, Oct 22- Mixed results on a big day for corporate earnings halted European equity markets near five-year highs on Tuesday, as investors awaited delayed U.S. jobs data.
Oct 22- After a strong start to the year, Wall Street firms are likely to see their profitability slow in the remainder of 2013, setting the industry up for its worst year since 2011, according to a report by the New York State Comptroller's office.
Oct 22- Polaris Industries Inc raised its full-year forecast for the third time this year after posting a higher quarterly profit due to strong demand for its off-road vehicles and snowmobiles. The company expects to earn between $5.30 and $5.37 per share from continuing operations in 2013, compared with its previous forecast of $5.20 to $5.30 per share.
Oct 22- Small-business lender CIT Group Inc reported its third straight quarterly profit due to lower interest payments on its long-term debt. Net income was $199.6 million, or 99 cents per share, for the third quarter ended Sept. 30 compared with a loss of $299.2 million, or $1.49 per share, a year earlier.
*U.S. nonfarm payrolls for Sept due at 1230 GMT. LONDON, Oct 22- Gold edged lower on Tuesday as the dollar steadied ahead of delayed U.S. jobs data, while investor sentiment was undermined by a big drop in holdings in the largest gold-backed exchange-traded fund. Holdings in SPDR Gold Trust fell 10.51 tonnes to 871.72 tonnes on Monday, their lowest since Feb. 2009.
*Lumia 2520 is Nokia's first tablet. ABU DHABI, Oct 22- Nokia has unveiled its first tablet and large-screen smartphones, which will form part of Microsoft's global push to become a leading player in consumer devices when it takes over the Finnish company's handset business.
Oct 22- Health insurer Centene Corp reported a better-than-expected profit for the third quarter, partly due to a recent contract win in Kansas, and raised its full-year forecast for premium and services revenue.
Oct 22- Whirlpool Corp said its quarterly profit more than doubled as the company's cost cutting efforts paid off. Net income available to the world's largest appliance maker rose to $196 million, or $2.42 per share, in the third quarter from $74 million, or 94 cents per share, a year earlier. Excluding items, Whirlpool earned $2.72 per share.
Oct 22- U.S. chemical maker DuPont's third-quarter revenue rose 5 percent in part due to higher sales of solar panel parts and performance materials. Revenue rose to $7.74 billion from $7.39 billion a year earlier. Net income rose to $285 million from $5 million a year earlier, when the company recorded charges related to severance and restructuring.