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  • RPT-FED SAYS HIGHLY ACCOMMODATIVE POLICY TO BE APPROPRIATE FOR "CONSIDERABLE TIME" FOLLOWING THE END OF ITS ASSET PURCHASE PROGRAM THIS MONTH.

  • Oct 29- Money can't buy you love, but Barry Diller's IAC/InterActiveCorp knows the search for it can be rather lucrative. Higher revenue from dating websites such as Match.com and OurTime.com helped the company triple its profit and beat Street estimates in the third quarter. Barclays analyst Chris Merwin said the revenue decline in the business in the third...

  • McGraw Hill Financial Inc took a $60 million charge in the third quarter for a possible accord, which is unrelated to the U.S. Department of Justice's $5 billion lawsuit against S&P. The charge contributed to a 12 percent decline in McGraw Hill's profit from a year earlier. In July, McGraw Hill had disclosed that it had received a "Wells notice" from the U.S....

  • *BBVA leads euro zone bank selloff after result miss. LONDON, Oct 29- Southern European shares lagged small gains in pan-European indexes on Wednesday as weak results from heavyweight bank BBVA offset optimism ahead of a Federal Reserve's policy announcement. Spanish bank BBVA fell 4.1 percent as it reported a lower-than-expected net profit for the first...

  • WASHINGTON, Oct 29- International Business Machines Corp on Wednesday announced a partnership with Twitter to help shape business decisions using data collected from tweets worldwide. IBM will help businesses predict trends in the marketplace and consumer sentiment about products and brands and will train 10,000 employees to consult businesses on the...

  • *Orbital Sciences halted after rocket explosion. DuPont lost 1.4 percent to $67.03 and was the largest drag on the S&P materials sector after it said there were "competitive advantages" in keeping its businesses together. Activist investor Nelson Peltz has urged DuPont to separate its various businesses in a move that has supported the company's shares.

  • *Shares open at $32 and touch a high of $33.30. Oct 29- Shares of Shell Midstream Partners LP, a master limited partnership formed by Royal Dutch Shell Plc, rose as much as 45 percent in their market debut, in the latest MLP offering to win investor confidence. Royal Dutch Shell is the first of the industry majors to take an MLP public as a means of monetizing assets while...

  • RIO DE JANEIRO, Oct 29- Wednesday's earnings conference call for Brazilian steelmaker Usiminas was most notable for the absence of any comments or questions on perhaps the biggest issues currently facing the company. The dispute between controlling shareholders and who would lead the company were not mentioned on the call, neither by analysts nor by...

  • *Third-quarter adj. shr 87 cents/ shr vs est 70 cents/ shr. Oct 29- Goodyear Tire& Rubber Co, the largest U.S. tire maker, reported a higher-than-expected quarterly profit as raw material costs fell in North America. We anticipate we're not going to see a big spike going into next year, " Goodyear Chief Executive Rich Kramer said in a conference call with analysts.

  • UPDATE 6-French drugmaker Sanofi sacks CEO, shares drop Wednesday, 29 Oct 2014 | 12:36 PM ET

    *Sanofi board says not changing company's strategy. PARIS, Oct 29- Sanofi's board ousted its chief executive of six years on Wednesday, criticising him for an authoritarian management style that was often popular with investors as he lifted the French drugmaker onto the global stage. Sanofi said it would continue the international expansion pursued under...

  • *Milan- listed shares jump 18 percent. MILAN, Oct 29- Fiat Chrysler Automobiles plans to list a 10 percent stake in luxury brand Ferrari and issue $2.5 billion in convertible bonds to help fund the parent company's turnaround plan. Milan- listed shares in FCA, the world's seventh-largest carmaker, jumped more than 18 percent to trade at 9.03 euros on Wednesday, their...

  • UPDATE 1-DTCC drops case in U.S. swaps regulator data row Wednesday, 29 Oct 2014 | 12:29 PM ET

    WASHINGTON, Oct 29- U.S. market operator the Depository Trust& Clearing Corporation dropped its lawsuit against the U.S. Commodity Futures Trading Commission in a dispute about access to potentially lucrative trading data, a court document showed on Wednesday. The change of heart was because the CFTC, which regulates the trading of swaps and futures, is...

  • METALS-Higher stocks pull nickel back from two-week peak Wednesday, 29 Oct 2014 | 12:25 PM ET

    *Copper dips on caution ahead of Fed meeting. LONDON, Oct 29- Nickel hit two-week highs on Wednesday on concern about declining ore stocks in China but later pared gains as rising inventories showed metal was still available. Three-month nickel on the London Metal Exchange rose 2.3 percent on Wednesday to a session peak of $15,900 a tonne, the strongest since Oct....

  • Verizon reasserts no plans for Internet 'fast lanes' Wednesday, 29 Oct 2014 | 12:20 PM ET

    WASHINGTON, Oct 29- Verizon Communications Inc on Wednesday reasserted that it was not planning to strike any Internet "fast lane" deals that would help some websites load faster than others, in a letter to a top U.S. Senate Judiciary Committee lawmaker. "As we have said before, and affirm again here, Verizon has no plans to engage in paid prioritization of Internet...

  • Oct 29- Oil and gas producer Hess Corp posted a better-than-expected quarterly profit on Wednesday as production jumped and costs fell in North Dakota's booming Bakken shale formation. The company, which also produces oil in Norway, Ohio and the U.S. Net income surged to $1 billion, or $3.31 per share, in the third quarter from $420 million, or $1.23 per share, in the...

  • *Orbital Sciences falls after rocket explosion. DuPont, down 2 percent at $66.62, was the largest drag on the materials sector of the S&P 500 after it said there were "competitive advantages" in keeping its businesses together. Activist investor Nelson Peltz has urged DuPont to separate its various businesses in a move that has supported the company's shares.

  • BERLIN, Oct 29- Finance ministers and tax chiefs from 51 countries signed an agreement on Wednesday to automatically swap tax information, which Germany's finance minister said heralded the end of tax evasion via secret bank accounts. "Let's make a joint contribution to more transparency and fairness in our globalised 21st century," Wolfgang Schaeuble told a...

  • The 14- story Antares rocket, built and launched by Orbital Sciences Corp, blasted off from the Wallops Flight Facility at 6:22 p.m. on Tuesday but burst into flames moments later, the first disaster since NASA turned to private operators to run cargo to the space station. Orbital Sciences stock fell 15.9 percent to $25.54 on Wednesday. The loss of the supply...

  • *Banks bid for $201 million out of $1.5 billion on offer. MOSCOW, Oct 29- A debut auction of forex repos by Russia's central bank on Wednesday met with lackluster demand, with analysts saying banks were deterred from taking up the offer by a relatively high interest rate and short-term nature of the instrument. "Quite clearly $200 million looks quite tiny," said Maxim...

  • Oct 29- Canadian oil sands producer MEG Energy is considering applying for a license to re-export Canadian crude from the U.S. Gulf Coast, chief executive officer Bill McCaffrey said on Wednesday. MEG has committed capacity of up to 100,000 barrels-per-day on Enbridge's new Flanagan South pipeline, which will link up with the Seaway pipeline to transport...