Nov 25- Pandora Media Inc presented its listeners with British singer Adele's best-selling album "25", days after streaming companies said the album would not be available for streaming at release. The album "25" was originally expected to sell more than 1 million units in North America in its first week, as estimated by Billboard magazine. Sales of the album...» Read More
Nov 1- Disaster modeling company Eqecat now estimates that Hurricane Sandy caused up to $20 billion in insured losses and $50 billion in economic losses, the company said on Thursday. The insured loss estimate is double what Eqecat forecast previously.
NEW YORK, Nov 1- The pace of growth in the U.S. manufacturing sector picked up modestly in October as new orders improved, though a measure of employment slowed, an industry report released on Thursday showed.
WASHINGTON, Nov 1- U.S. construction spending rose in September by the most in three months as stronger spending on homes made up for drops in business and government projects. Construction spending climbed 0.6 percent to an annual rate of $851.6 billion, the Commerce Department said on Thursday. That was in line with analysts' forecasts in a Reuters poll.
*Q3 net 43 cents a share, vs 38 cents a share Street view. Nov 1- CBOE Holdings Inc said Thursday that third-quarter earnings fell 16 percent, less than analysts had expected, as the operator of the biggest and oldest U.S. stock-options market charged more for its products and services.
NEW YORK, Nov 1- U.S. consumer confidence rose in October to its highest in more than four years, according to a private sector report released on Thursday. The Conference Board, an industry group, said its index of consumer attitudes gained to 72.2 from a downwardly revised 68.4 in September.
DUBAI, Nov 1- The United Arab Emirates' Dana Gas failed to repay a $920 million Islamic bond on maturity, prompting a source close to holders of the bond to say they will stake claim to the natural gas producer's extensive Egyptian assets.
*Yen dips on worries about Japan, importer selling. NEW YORK, Nov 1- The euro rose against the dollar on Thursday after data painted an improving outlook for the U.S. labor market and prompted investors to move away from the safe-haven U.S. currency.
BOSTON, Nov 1- William Gross, co-chief investment officer of America's biggest bond mutual fund, said recent U.S. policies are not generating the kind of growth needed to kick-start the economy and may usher in ``disruptive financial markets'' in the future.
CHICAGO-- CBOE Holdings Inc. reported a decline in its third-quarter profit but the exchange operator did better than most on Wall Street had expected and shares jumped Thursday. CBOE, which runs the VIX or "fear" index, also said it saw record volume in trading of VIX futures during the period.
Nov 1- Kellogg Co reported higher-than-expected quarterly profit on Thursday as strong performance in its Pringles business offset costs related to a recall last month of Mini-Wheats. The world's largest cereal maker reported net income of $296 million, or 82 cents per share, for the third quarter, compared with $290 million, or 80 cents per share, a year earlier.
LONDON, Nov 1- New rules to stop speculators making Europe's debt crisis worse by betting on government bond defaults are prompting investors to find alternative ways to insure against or profit from bad news in the region.
MOSCOW, Nov 1- Rosneft more than doubled its cash reserves in the third quarter, as the state-owned Russian oil firm bolsters its finances ahead of its $55 billion acquisition of Anglo-Russian oil producer TNK-BP. ``It is always like this,'' said Vitaly Kruykov from brokerage IFD Kapital. ``The company had been accumulating cash... in this case for TNK-BP.''.
Growing numbers of accountants, banks and consultants are signing lengthy office leases in Luxembourg and the Channel Islands as they flock to serve customers seeking the legal ways to cut their tax bills offered by having a offshore base.
*RedPrairie to buy JDA for $45 per share. Nov 1- JDA Software Group Inc, a maker of supply-chain management software, agreed to be bought by privately held rival RedPrairie for about $1.9 billion in cash.
NEW YORK, Nov 1- U.S. stocks opened higher on Thursday after a pair of positive signs on the labor market pointed to improving conditions a day before the U.S. nonfarm payroll report. The ADP report showed more private-sector jobs created in the latest month than expected, while weekly jobless claims were lower than forecast.
Data over the past month has shown the health of the global economy remains fragile, with retail sales and the housing market pointing to an improvement in the United States but Europe is still struggling.
*Profit excluding items 79 cents/ share vs Street view 77 cents. Shares of New York- based Estee Lauder fell 2.6 percent to $60 in premarket trading. Revenue in the fiscal first quarter rose 2.9 percent to $2.55 billion, dragged down by disappointing sales in Europe that included decreases in key markets like Russia and France.
Nov 1- Ford Motor Co shuffled its management team on Thursday, promoting longtime executive Mark Fields to chief operating officer, and said its chief executive officer, Alan Mulally, would stay on through 2014..
WASHINGTON, Nov 1- U.S. companies added jobs in October at the fastest pace in eight months, a sign of modest healing in the labor market just days before a presidential election that could hinge on the economy. Payrolls processor Automatic Data Processing said private employers added 158,000 workers last month.