NEW YORK-- Teen clothing store chain Aeropostale Inc. posted a loss in the first quarter, reversing a year-ago profit, as sales declined. The New York- based company booked a loss of $12.2 million, or 16 cents per share, in the three months that ended on May 4.» Read More
*Bain more active than others in dividend recapitalization loans. Dec 6- Bain Capital has been leading private equity firms in using a controversial financing strategy to generate low-tax special dividends for itself and its investors for nearly the last decade.
WASHINGTON, Dec 6- The net wealth of U.S. households rose in the third quarter to its highest since late 2007, providing a hopeful sign for future consumer spending. Net financial wealth grew $1.72 trillion to $64.77 trillion, the Federal Reserve said on Thursday.
WASHINGTON, Dec 6- The United States is likely to announce on Friday that it will give at least seven economies including India, South Korea and Turkey another six-month reprieve from financial sanctions against Iran, two U.S. government sources said.
LJUBLJANA, Dec 6- Slovenia believes it can save its troubled banks and avoid a bailout even if it does not enforce a law to set up a bad bank, but acknowledges it would have to seek help next year if that plan fails, its finance minister said on Thursday.
*Mennonites arrived in Mexico in the 1920 s. CUAUHTEMOC, Mexico, Dec 6- More than a century after Mennonite farmers left Russia for North America in search of new lands and religious freedom, hundreds of their descendants in Mexico are thinking about completing the circle.
Dec 6- Wall Street has lost a net 1,200 jobs since the start of 2012, New York's state comptroller said on Thursday, and is likely to shed even more with Citigroup's announcement that it will cut 11,000 jobs worldwide.
CHICAGO, Dec 6- U.S. corn futures fell 1 percent on Thursday on concerns about sluggish demand after a weekly report showed that export sales were well below expectations last week.
*EADS gains 8 percent, GDF Suez drops 11 percent. "We still have some risks, but the magnitude of the risks has diminished and they are being handled in a better way," said Ben Hauzenberger, fund manager at Zurich- based Swisscanto Asset Management, which manages about $65 billion.
*Lifts Cold War-era trade restrictions on Russia. "The Senate's historic bipartisan vote today moves us closer to having our trade with Russia covered by the rules of the World Trade Organization," the Obama administration's trade representative Ron Kirk said in a statement.
WASHINGTON, Dec 6- Increasing exports of U.S. natural gas would raise domestic prices, hurt the U.S. manufacturing sector and lead to fewer jobs, Democratic Senator Debbie Stabenow said on Thursday.
Dec 6- Morgan Stanley lowered its price forecast for Brent crude oil in 2013 to $110 a barrel from $115 on Thursday, citing weaker economic growth and increasing supply.
*Aims to make Brazil's ports more efficient, lower cargo costs. BRASILIA, Dec 6- Brazil's government said it was counting on an "explosion" of private investment to help modernize the country's clogged sea ports whose high costs and notorious delays are shredding its competitive edge as a major commodities exporter.
*Leonard Green& Partners pays 350 mln stg for 25 pct stake. *Green says Arcadia Group now debt free. Monaco- based Green's Arcadia Group said on Thursday the stake had been sold to Leonard Green& Partners following a courtship lasting several months.
LONDON, Dec 6- The FTSEurofirst 300 index of top European shares hit an 18- month closing high on Thursday, with bullish technicals, improving global economic outlook and attractive valuations raising equities' appeal.
BOSTON, Dec 6- Hedge fund Diamondback Capital Management, one of a handful of firms embroiled in the government's insider trading probe, told investors that it will close down after nervous clients pulled out more than half a billion dollars in assets.
SALAMINA, Greece, Dec 6- Egyptian immigrant Waleed Taleb says demanding his unpaid wages in Greece came at a heavy price; 18 hours chained and beaten by his boss, a stint in jail and orders to leave the country he calls home.
NEW YORK, Dec 6- U.S. benchmark Treasury yields dipped to near their lowest in three weeks on Thursday, supported by expectations the Federal Reserve will announce a new bond purchase program when it meets next week.
WASHINGTON, Dec 6- The number of Americans filing new claims for unemployment benefits last week fell back to the pre-superstorm Sandy range, suggesting a return to modest job growth after a storm-related set back.
*European Central Bank keeps rates on hold. LONDON, Dec 6- Copper dipped on Thursday as the dollar rose and the euro fell after the European Central Bank sharply downgraded its outlook for the region's economy, and on investor anxiety over the slow progress in budget negotiations in the United States.
Dec 6- The board of Sirius XM Radio Inc approved a $2 billion common stock repurchase program and issued a special dividend, giving a big payout to its biggest shareholder, Liberty Media.