Dec 11- An advisory panel of medical experts voted on Wednesday to recommend that U.S. health regulators approve an experimental stroke-prevention device made by Boston Scientific Corp. The FDA typically follows the recommendations of its expert advisory panels, but is not obligated to do so.» Read More
NEW YORK, June 20- Factory activity in the U.S. mid-Atlantic region rebounded in June to its highest level in more than two years as new orders accelerated, a survey showed on Thursday.
LONDON, June 20- Oil fell $3 a barrel on Thursday to a one-week low near $103, pressured by a survey pointing to a slowing Chinese economy and by the U.S. Brent crude was down $3.00 to $103.12 a barrel by 1357 GMT, while U.S. oil declined $2.44 to $95.80.
PARIS, June 20- Aircraft manufacturer ATR is pushing its owners to approve plans for a new 90- seat turboprop plane to provide cut-price competition to smaller passenger jets, its chief executive said at the Paris Airshow.
WASHINGTON, June 20- U.S. home resales rose in May to the highest level in 3-1/ 2 years and prices jumped, a sign the housing sector recovery is gathering steam and could give the economy a significant boost this year.
June 20- Kroger Co, the biggest U.S. supermarket operator, reported higher first-quarter profit on Thursday and raised its forecast for the year, citing strong sales.
WASHINGTON, June 20- Delta Air Lines Inc has received U.S. antitrust approval to buy a 49 percent stake in British airline Virgin Atlantic, the U.S. Justice Department said on Thursday. The European Commission, which is Europe's competition watchdog, also cleared the proposed transaction on Thursday.
MONTE CARLO, Monaco, June 20- Former chess grandmaster-turned hedge fund manager Patrick Wolff is betting on a stock market crash in China, where he says corruption and bad debts have spiraled to dangerous levels.
MADRID, June 20- After retiring from a long career at IBM, Spain's Angel Miralda poured his savings into a small solar farm in the hilly northern region of Catalonia, encouraged by government promises of stable returns.
*Yields rise to highest levels since August 2011. Selling continued overnight, with benchmark 10- year notes yields breaking above technical support to trade at their highest levels since August 2011. "
June 20- Eastman Kodak Co said on Thursday that it had reached a $895 million financing deal with three Wall Street banks that will help fund its rebirth as commercial imaging business after the former film pioneer emerges from bankruptcy.
"To the extent that QE represented a drag on the currency, I think that the prospect of less QE higher interest rates is something that should help the dollar, particularly in an environment where some other central banks are still moving in the other direction," said Robert Lynch, senior currency strategist at HSBC in New York.
Senators on Thursday raised questions about government oversight of the proposed purchase of Smithfield Foods Inc by Chinese food company Shuanghui International. The deal will undergo a national security review by the Committee on Foreign Investment in the United States.
NEW YORK, June 20- U.S. stocks fell at the open on Thursday, adding to a more than 1 percent drop a day earlier after remarks by Federal Reserve Chairman Ben Bernanke who outlined the start of a wind-down of stimuli that has been instrumental to the market's rally. The Dow Jones industrial average dropped 64.97 points, or 0.43 percent, to 15,047.22.
*Embraer, MRJ win over major operator SkyWest. PARIS, June 20- Bombardier's shift upmarket showed signs of backfiring at the Paris Airshow this week, as its arch-rival in the small passenger jet category, Embraer, piled on orders for an upgraded plane and a new Japanese challenger vowed to win business.
LUXEMBOURG, June 20- Euro zone finance ministers will decide on Thursday when and how their bailout fund can invest in a bank to save it from failure, a long-promised move that aims to break a downward spiral between bad banks and their indebted home countries.
LONDON, June 20- After years of dictating the terms under which they supplied top of the range fighter planes and weaponry to a volatile third world, western defence contractors are increasingly losing the upper hand to their Middle East and Asian customers.
June 20- Kroger Co, the biggest U.S. supermarket operator, on Thursday reported an increase in quarterly profit and raised its annual profit forecast. Kroger's net income for the first quarter ended May 25 rose to $481 million, or 92 cents per share, from $439 million, or 78 cents a share, a year earlier.
*China, euro zone threaten U.S.-led economic recovery. NEW YORK, June 20- U.S. stocks were set to slide at the open on Thursday, adding to a more than 1 percent drop a day earlier, after Federal Reserve Chairman Ben Bernanke outlined the start of a wind-down of stimuli that has been instrumental to the market's rally.
NEW YORK, June 20- U.S. manufacturing activity growth slowed slightly in June as the pace of hiring and overseas demand weakened, making the second quarter the weakest for the sector in the last four, a survey showed on Thursday.
WASHINGTON, June 20- More Americans than expected filed new claims for unemployment benefits last week, but still not enough to signal a material shift from the recent pace of moderate job growth. Initial claims for state unemployment benefits increased 18,000 to a seasonally adjusted 354,000, the Labor Department said on Thursday.