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  • Foreign investment in China falls in September Friday, 19 Oct 2012 | 1:07 AM ET

    BEIJING-- Foreign investment in China fell again in September and a government spokesman said Friday it was too early to forecast a recovery in trade. The decline in foreign direct investment added to mixed signals about the health of China's economy following Thursday's report that growth slowed to 7.4 percent in the latest quarter.

  • *Italian households boost debt sale to success Friday, 19 Oct 2012 | 12:54 AM ET
  • GE 3Q earnings rise; revenue disappoints Friday, 19 Oct 2012 | 12:49 AM ET

    NEW YORK-- General Electric Co.' s transformation into a more simple industrial company seems to be helping its bottom line. GE's net income rose 49 percent in the third quarter to $3.49 billion, or 33 cents per share. During the financial crisis, investors worried that its enormous banking arm, GE Capital, would fail.

  • WebMD extends poison pill defense Friday, 19 Oct 2012 | 12:46 AM ET

    NEW YORK-- WebMD extended its poison pill defense, first put into place to ward off billionaire investor Carl Icahn, for another two years. WebMD slashed the purchase price for shareholders if the rights are exercised to $66.29 from $153. WebMD's sites include WebMD Health, MedicineNet, RxList and theheart.org.

  • Aerospace expected to be weak in 3Q United Tech Friday, 19 Oct 2012 | 12:43 AM ET

    HARTFORD, Conn.-- United Technologies Corp.' s third-quarter earnings results, due out before the markets open on Tuesday, will likely reflect some weakness in the aerospace market, a segment on which the company recently made a big bet.

  • Canada government can't intervene in BCE decision Friday, 19 Oct 2012 | 12:37 AM ET

    TORONTO-- The Canadian government says it can't overturn a decision by the country's broadcast regulator to reject BCE Inc.' s bid to buy Astral Media Inc. for US $3.4 billion.

  • Robert Half rises as 3Q profit top Street's view Friday, 19 Oct 2012 | 12:31 AM ET

    NEW YORK-- Shares of Robert Half International rose more than 6 percent Friday after the staffing company's third-quarter earnings beat analyst estimates. During a conference call the company said that it expects fourth-quarter earnings of 38 cents to 43 cents per share on revenue between $1.01 billion and $1.06 billion.

  • TransCanada reaffirms Keystone pipeline restart Friday, 19 Oct 2012 | 12:26 AM ET

    TransCanada has reaffirmed its plan to restart the Keystone oil pipeline from Canada to the Midwest on Saturday, although rainy weather is hampering the company's on-site work. TransCanada shut down the 2,100- mile pipeline Wednesday after tests showed possible safety issues.

  • Robbins & Myers 4Q income slips on sale costs Friday, 19 Oct 2012 | 12:24 AM ET

    HOUSTON-- Robbins& Myers saw its net income fall 9 percent in the fourth quarter, partly due to the costs from its $2.5 billion sale to National Oilwell Varco. Analysts expected Robbins& Myers to report net income of 98 cents per share and $276.2 million in revenue.

  • Newsweek had unique troubles as industry recovers Friday, 19 Oct 2012 | 12:18 AM ET

    LOS ANGELES-- Newsweek's decision to stop publishing a print edition after 80 years and bet its life entirely on a digital future may be more a commentary on its own problems than a definitive statement on the health of the magazine industry. Paid magazine subscriptions were 1.1 percent in the first half of the year, according to the Audit Bureau of Circulations.

  • News Summary: Feds investigate Jeep engine problem Friday, 19 Oct 2012 | 12:09 AM ET

    Another 18,000 were sold in Canada. The National Highway Traffic Safety Administration has received a dozen complaints and has started an investigation. The U.S. safety agency is asking Chrysler Group LLC, which makes Jeeps, for information about the problem.

  • 44 TSA workers at Newark face firing or suspension Friday, 19 Oct 2012 | 12:07 AM ET

    NEWARK, N.J.-- The Transportation Security Administration on Friday moved to fire 25 employees at Newark Liberty International Airport and suspend 19 others for what it said was improper screening of checked luggage, the latest in a series of problems at one of the country's busiest airports.

  • McMoRan 3rd-qtr loss widens on exploration costs Friday, 19 Oct 2012 | 12:05 AM ET

    NEW ORLEANS-- McMoRan Exploration Co. said Friday its third-quarter loss swelled to $64 million, hurt by a jump in exploration costs and a drop in oil and gas production stemming for Hurricane Isaac. The New Orleans- based company's loss amounted to 40 cents per share and compared with a loss of $9.4 million, or 6 cents per share, in the same quarter last year.

  • News Summary: Google's 3Q unsettles investors Thursday, 18 Oct 2012 | 11:39 PM ET

    SURPRISE, SURPRISE: Google lost control of its own data and released its third-quarter earnings more than three hours before the report was supposed to go out. WHAT WENT WRONG: The company blamed a printer for prematurely filing a copy of its third-quarter report with the Securities and Exchange Commission.

  • News Summary: Capital One posts higher 3Q profit Thursday, 18 Oct 2012 | 11:37 PM ET

    THE BOTTOM LINE: Capital One Financial's third-quarter net income jumped 47 percent versus the prior-year quarter, as the addition of ING Direct and HSBC's U.S. card business helped drive revenue gains across the lender's businesses. THE NUMBERS: Net income rose to $1.17 billion, or $2.01 per share, for the quarter ended Sept. 30.

  • Asia stocks fall on US earnings disappointment Thursday, 18 Oct 2012 | 11:32 PM ET

    European Union leaders opened a two-day meeting in Brussels on Thursday and took a critical step by agreeing to create a banking supervisor to oversee institutions in the 17 countries using the euro. South Korea's Kospi lost 0.9 percent to 1,942.47 and Australia's S&P/ASX 200 fell 0.1 percent to 4,554.50.

  • Blackstone Group returns to profit in 3Q Thursday, 18 Oct 2012 | 11:03 PM ET

    NEW YORK-- Blackstone Group LP said Thursday that it returned to a profit in the third quarter as fees jumped. The New York company reported net income of $128.8 million, or 24 cents per common union, in the July-September quarter, compared with a loss of $274.6 million, or 56 cents per unit, a year earlier.

  • Leaders agree to have ECB supervise all euro banks Thursday, 18 Oct 2012 | 10:58 PM ET

    BRUSSELS-- European Union leaders agreed early Friday to create a single supervisor for banks in countries that use the euro _ without saying when it would become fully operational.

  • EU leaders agree on bank supervisor Thursday, 18 Oct 2012 | 10:07 PM ET

    BRUSSELS-- European Union leaders announced early Friday they had agreed to create a single supervisor for banks in countries that use the euro _ without saying when it would become fully operational.

  • On the Call: Capital One CEO Richard Fairbank Thursday, 18 Oct 2012 | 9:55 PM ET

    In its third-quarter earnings report, Capital One Financial said that its auto loans business posted sharp annual growth. The division ended the July-to-September period with $26.4 billion in loans, up from $20.4 billion in the same quarter last year.

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