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  • Shell buying North Sea fields from Hess for $525M Thursday, 25 Oct 2012 | 9:19 AM ET

    Royal Dutch Shell plc, Europe's largest oil company, is expanding its substantial presence in the North Sea with a $525 million purchase of stakes in oil fields there from Hess Corp.. The fields are operated by a separate company, Apache Corp.. Hess, which is based in New York, has sold off $2.4 billion worth of assets this year.

  • Chinese police offer cash for tips on immolators Thursday, 25 Oct 2012 | 9:19 AM ET

    BEIJING-- Police in a heavily Tibetan region of far west China are offering tipsters a reward of $7,700 for information about planned self-immolations in a bid to stem a tide of fiery protests against Chinese rule.

  • Simon Property's 3rd-qtr helped by increased rents Thursday, 25 Oct 2012 | 9:17 AM ET

    INDIANAPOLIS-- Shopping mall operator Simon Property Group said Thursday that a key measure of profitability rose in its third quarter as rents increased and occupancy improved. Simon Property Group Inc.' s funds from operations, or FFO, rose to $720.1 million, or $1.99 per share, from $606.2 million, or $1.71 per share, a year earlier.

  • NJ review: Anti-foreclosure aid program flawed Thursday, 25 Oct 2012 | 9:17 AM ET

    TRENTON, N.J.-- The Christie administration believes it has made it easier for New Jersey homeowners facing foreclosure to qualify for federal aid, but those on the front lines say problems remain.

  • Japan sees new Chinese actions near disputed isles Thursday, 25 Oct 2012 | 9:15 AM ET

    Japan's Coast Guard said the four Chinese surveillance ships were spotted within a 22- kilometer zone that Tokyo considers its territorial waters near one of the disputed islands in the East China Sea early Thursday morning. Japan's Foreign Ministry lodged a strong protest with China's ambassador in Tokyo.

  • *Macau gaming sector strong after positive Wynn, Galaxy Q3 earnings. HONG KONG, Oct 25- Hong Kong shares eked out a tenth straight gain on Thursday, but a rally that has taken the Hang Seng Index to 2012 highs showed signs of fatigue as investors took profits on outperformers.

  • UPDATE 1-Olympics helps Britain leap out of recession Thursday, 25 Oct 2012 | 9:12 AM ET

    LONDON, Oct 25- Britain rebounded strongly from recession in the third quarter, posting its strongest quarterly GDP growth in five years, boosted at least in part by robust Olympics spending, official data showed on Thursday. But it was still much better than expected and may mean Britain's full 2012 economy will not be in the red.

  • US futures up on of jobs, manufacturing numbers Thursday, 25 Oct 2012 | 9:10 AM ET

    NEW YORK-- Stock futures edged higher Thursday with some positive numbers coming out of the manufacturing sector and potentially more evidence of an improving jobs picture. The report from the Commerce Department on orders for long-lasting U.S. manufactured goods shows a surge in September, the largest in nearly three years.

  • US durable orders up but business investment weak Thursday, 25 Oct 2012 | 9:07 AM ET

    WASHINGTON-- U.S. orders for long-lasting U.S. manufactured goods surged in September, buoyed by a jump in volatile aircraft orders that offset another weak month of business investment. The Commerce Department said Thursday that orders for durable goods jumped 9.9 a percent last month.

  • *Yuan surges to new all time record high. *Closes at strong-side limit of daily trading band. SHANGHAI, Oct 25- China's yuan closed at a record high on Thursday after hitting the strong-side limit of the central bank's daily trading band as a result of heavy demand as firms unwound long dollar positions built up in the first half of the year.

  • Ahead of the Bell: Amazon.com to post 3Q results Thursday, 25 Oct 2012 | 9:04 AM ET

    NEW YORK-- Analysts expect Amazon.com Inc. to report another quarter of double-digit revenue growth Thursday after the market closes. Susquehanna analyst Herman Leung expects Amazon to meet Wall Street's expectations and give "conservative" guidance for the holiday shopping season. Amazon's stock rose $1.70 to $230.19 in premarket trading Thursday.

  • At least 8 hurt in Texas City chemical leak Thursday, 25 Oct 2012 | 9:03 AM ET

    Emergency authorities in Texas City lifted the shelter-in-place order shortly after 5 a.m. Thursday in a storage tank spill involving hydrochloric acid. Diane Tracy with the Dallas Group of America Inc. says company officials are investigating Wednesday night's accident.

  • Zynga up in premarket trading after 3Q results Thursday, 25 Oct 2012 | 9:03 AM ET

    NEW YORK-- Zynga Inc.' s battered stock got a boost in premarket trading Thursday after the social gaming company's third-quarter results may have given some investors hope that it will be able to revive growth. Zynga's shares rose 31 cents, or 15 percent, to $2.44 before the stock market opened.

  • Ahead of the Bell: Crocs tumbles on weak outlook Thursday, 25 Oct 2012 | 9:03 AM ET

    NEW YORK-- Shares of Crocs Inc. slid in premarket trading Thursday, a day after the shoe company issued disappointing guidance for the fourth quarter. The Niwot, Colo., company said late Wednesday it earned 49 cents per share in the third quarter, beating the average analyst estimate by 6 cents.

  • Energy company Dominion Resources' 3Q profit falls Thursday, 25 Oct 2012 | 8:59 AM ET

    RICHMOND, Va.-- Dominion Resources says its third-quarter net income tumbled nearly 47 percent because of costs related to the permanent shutdown of one of its nuclear power stations and plant outages.

  • Ford cutting 1,500 UK jobs as Europe losses grow Thursday, 25 Oct 2012 | 8:58 AM ET

    LONDON-- Carmaker Ford announced Thursday it will cut 1,500 jobs in Britain, closing a plant and eliminating a stamping and tooling facility, as it warned that losses in Europe will exceed $1.5 billion this year. Ford Motor Co., which on Wednesday announced the closure of another plant in Brussels, is struggling in Europe, as are many major carmakers.

  • BEIJING, Oct 25- Wal-Mart Stores Inc has given global suppliers five years to comply with its environmental rules or risk being pushed off U.S. shelves at the world's largest retailer, expanding a sustainability campaign launched in 2009..

  • Procter & Gamble fiscal 1Q earnings dips Thursday, 25 Oct 2012 | 8:52 AM ET

    CINCINNATI-- Procter& Gamble said Thursday that its fiscal first quarter net income fell 7 percent, as costs related to restructuring and the stronger dollar weighed on results. But the world's largest consumer products maker's adjusted results beat expectations on Wall Street, as it cut costs, made market share gains and commodity costs eased.

  • LONDON, Oct 25- Ford will announce on Thursday that it is closing its van factory at Southampton, ending more than a century of vehicle production by the company in Britain, trade unionists and a source close to the U.S. car maker said.

  • Zimmer 3Q income slips 7 percent on lower sales Thursday, 25 Oct 2012 | 8:48 AM ET

    WARSAW, Ind.-- Zimmer Holdings Inc. said Thursday its net income fell 7 percent in the third quarter on lower sales of hip and knee implants. The company lowered the top end of its annual net income guidance, saying it now expects to adjusted profit between $5.25 and $5.30 per share, rather than $5.25 to $5.35 per share.