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  • UPDATE 1-Stagnating euro zone seeks German shift Friday, 24 Oct 2014 | 8:18 AM ET

    *Italy, France want more spending room despite EU budget rules. BRUSSELS, Oct 24- France and Italy sought on Friday to bridge stark differences with Germany over how to avert economic stagnation and deflation, but Chancellor Angela Merkel warned her peers against repeating the euro zone's debt crisis. After the bloc's revival came to a halt in the second quarter,...

  • Oct 24- Lear Corp, a maker of auto seats and electrical power systems, reported a better-than-expected rise in quarterly profit and raised its 2014 earnings forecast, reflecting robust vehicle production in North America and Europe. Lear, whose customers include General Motors Co and Ford Motor Co, raised its full-year adjusted profit forecast to $640- $655...

  • UPDATE 1-P&G to exit Duracell battery business Friday, 24 Oct 2014 | 8:08 AM ET

    Oct 24- Procter& Gamble Co said it would exit its Duracell battery business, likely through a splitoff into a separate company, as it looks to focus on faster-growing brands. The household products maker also said on Friday that it had agreed to sell its interest in a China- based battery joint venture for an undisclosed amount. P&G said in September that it would...

  • DETROIT, Oct 24- Ford Motor Co's third-quarter earnings fell 34 percent but beat Wall Street expectations on a strong showing in North America even as revenue fell due to the cost of introducing the F-150 pickup truck. Ford's third-quarter profit margin of 7.1 percent in North America lagged the 9.5 percent that crosstown rival General Motors Co reported on...

  • Oct 24- European regulators recommended continued use of Ariad Pharmaceuticals Inc's cancer drug Iclusig in its already approved indications to treat certain kinds of leukemia. However, the European Medicines Agency recommended additional warnings in Iclusig's European product information to minimize the risk of vascular events, Ariad said on Friday.

  • CHICAGO, Oct 24- United Parcel Service Inc reported a better-than-expected quarterly profit on Friday, driven by growing demand, improving margins in the United States and strong growth in Asia and Europe. UPS, the world's largest shipping company, reported earnings per share of $1.32, up 14 percent from $1.16 a year earlier. Atlanta- based UPS posted revenue of...

  • *Amazon tumbles, Microsoft climbs after earnings. NEW YORK, Oct 24- U.S. stock index futures dipped on Friday, putting the S&P 500 on track to trim its weekly gain, following disappointing results from Amazon and as the first diagnosed case of Ebola in New York City raised concerns about the spread of the virus. *Microsoft, up 2.7 percent at $46.25 before the opening...

  • Oct 24- Bristol-Myers Squibb Co reported better-than-expected third-quarter results, fueled by strong sales of its treatments for blood clots, cancer and arthritis. That compared with $692 million, or 42 cents per share, in the year-earlier period. Revenue fell 4 percent to $3.92 billion, largely due to the company's earlier divestiture of diabetes products,...

  • NEW YORK, Oct 24- Transatlantic exchange operator Nasdaq OMX Group Inc on Friday reported a higher third-quarter profit, as lower expenses helped offset a decline in revenues driven in part by the impact of foreign exchange rates. Net income attributable to Nasdaq totaled $123 million, or 71 cents per share, up from $113 million, or 66 cents per share, a year earlier.

  • Oct 24- Colgate-Palmolive Co reported a 17 percent fall in third-quarter profit, hurt by weak demand in Brazil and China and a stronger U.S. dollar. The company, which controls nearly 45 percent of the global toothpaste market, said net income fell to $542 million, or 59 cents per share, in the quarter ended Sept. 30, from $656 million, or 70 cents per share, a year earlier.

  • Oct 24- Delphi Automotive Plc reported a 12.5 percent rise in quarterly profit as demand for its auto parts rose in Asia and North America. Net income attributable to Delphi rose to $305 million, or $1.02 per share, in the third quarter ended Sept. 30 from $271 million, or 87 cents per share, a year earlier. Excluding items, Delphi earned $1.16 per share.

  • Lear Corp profit up 24 pct as seating sales rises Friday, 24 Oct 2014 | 7:16 AM ET

    Oct 23- Lear Corp, a maker of auto seats and electrical power systems, reported a 24 percent rise in quarterly profit, helped by a rise in global vehicle production. Net income attributable to the company rose to $140.1 million, or $1.72 per share, in the third quarter ended Sept. 27, from $112.8 million, or $1.38 per share, a year earlier. On an adjusted basis, Lear earned...

  • P&G to split off Duracell battery business Friday, 24 Oct 2014 | 7:15 AM ET

    Oct 24- Procter& Gamble Co said it would split off its Duracell battery business into a separate company as it looks to focus on its faster-growing brands. Net income attributable to Procter& Gamble fell to $1.99 billion, or 69 cents per share, in the first quarter ended Sept. 30 from $3.03 billion, or $1.04 per share, a year earlier. The maker of Pampers diapers and Tide...

  • Ford profit beats Street; sales down on F-150 launch Friday, 24 Oct 2014 | 7:04 AM ET

    DETROIT, Oct 24- Ford Motor Co's third-quarter earnings beat Wall Street expectations on a strong showing in North America and China even as revenue fell due to the cost of introducing the F-150 pickup truck. A 3 percent drop in third-quarter revenue to $34.9 billion is largely linked to the shutdown of the F-150 plant in Dearborn, Michigan.

  • MONTEVIDEO, Oct 24- Uruguayans vote in the first round of a presidential election on Sunday with opposition challenger Luis Lacalle Pou almost certain to force leftist ruling coalition candidate Tabare Vazquez to a run-off. Opinion polls show Lacalle Pou of the centrist National Party winning about 31 percent of votes in the first round and the two men...

  • Opinion polls ahead of the presidential election show young center-rightist Luis Lacalle Pou forcing the governing coalition's Tabare Vazquez, a former president, into a runoff vote in late November. Vazquez, 74, brought the leftist Broad Front to power 10 years ago and won praise for his blend of pro-market economic policies and social welfare policies.

  • BRUSSELS, Oct 24- European Union finance ministers will hold an emergency meeting to review a disputed adjustment of EU budget contributions after Britain objected to demands for an extra 2.1 billion euro payment this year, EU diplomats said. They said EU presidency Italy agreed to host a special meeting of ministers with the executive European Commission to...

  • *BASF retreats after cutting 2015 earnings forecast. *Luxury goods group Kering falls after lower Gucci sales. LONDON, Oct 24- European shares pared early losses on Friday as investors bet the fallout for the banking sector from stress test results due on Sunday should be contained, and took a more measured view of New York's first case of Ebola.

  • Iraq's oil exports rising in October despite unrest Friday, 24 Oct 2014 | 6:43 AM ET

    LONDON, Oct 24- Iraq's oil exports from its southern terminals are holding close to a record high in October and Kurdish shipments are climbing, a further sign that fighting has not derailed an expansion of supplies from OPEC's second-largest producer. Four months after an advance by Islamic State into northern Iraq sent oil prices soaring to $115 a barrel, the...

  • LONDON, Oct 24- Gold inched up on Friday as European shares fell but was set to snap a two-week winning streak on a firm dollar and robust economic data that dented demand for the metal as an insurance against risk. Spot gold was up 0.1 percent at $1,232.10 an ounce by 0956 GMT, after slipping more than 1 percent in the previous two sessions. "A better run of U.S. data has...