BEIJING, Aug 1- China's vast factory sector posted its strongest growth in 18 months in July as new orders surged to multi-month highs, a private survey showed on Friday, adding to signs the economy is regaining momentum after a flurry of government stimulus measures.» Read More
PALO ALTO, Calif.-- Shares of Varian Medical Systems Inc. jumped 13 percent in afterhours trading Thursday after the company reported a 20 percent rise in its fourth-quarter profit fueled by higher device sales. Varian reported net income of $120.2 million, or $1.08 per share, up from $101 million, or 87 cents per share, in the prior year period.
SAO PAULO, Oct 25- Brazil's banking sector will undergo profound changes over the next two years as government efforts to keep interest rates at record lows translate into lower credit costs and more competition, the head of the nation's largest foreign lender said on Thursday.
RESTON, Va.-- VeriSign Inc., which registers domain names on the Internet, said Thursday that third-quarter profit rose 32 percent, topping expectations. VeriSign's shares lost 9 cents to $46.60 in regular trading, then dropped $7.10, or 15.2 percent, to $39.50 in after-hours trading after the earnings report and update on the registry agreement.
*Eyes on next week's Bank of Japan policy meeting. NEW YORK, Oct 25- Gold rose above $1,700 an ounce on Thursday, a day after it fell under that, in reaction to encouraging United Kingdom GDP growth data and expectations the Bank of Japan will further loosen its monetary policy.
PORTLAND, Ore.-- Outdoor clothing maker Columbia Sportswear Co. said Thursday its third-quarter net income fell 5 percent, hurt by weakness in Europe, the Middle East and Africa.
BEIRUT/ GENEVA- Syria's army command announced a ceasefire on Thursday to mark the Muslim holiday of Eid al Adha but said it reserved the right to respond to any rebel attack or moves to reinforce President Bashar al-Assad's armed foes.
Chief Executive Officer Stephen Chazen set a target of lowering costs to 2011 levels by the end of next year, zeroing in on those in the company's home state of California. The stock is down 13 percent so far in 2012, while Exxon Mobil Corp and Chevron Corp are up for that period.
Wall St view EPS 8 cents. Oct 25- The New York Times Co reported worse-than-expected results on Thursday as advertisers cut spending on both print and digital outlets, sending shares down 16 percent.
Oct 26- Japanese retailer Aeon Co is set to acquire France- based Carrefour SA's Malaysian business for slightly more than 20 billion yen as part of its push into Southeast Asia, the Nikkei said. Carrefour made the announcement two years after it unsuccessfully tried to sell its operations in Singapore and Malaysia.
*Chevy Trax will enter Brazil next year as import-source. SAO PAULO, Oct 25- General Motors Co plans to bring its new Chevrolet Trax to Brazil in an effort to end the dominance its smaller U.S. rival Ford Motor Co has enjoyed in the small sport utility vehicle segment.
DOWNERS GROVE, Ill.-- DeVry Inc.' s fiscal first-quarter profit fell 44 percent on declining enrollment, but the for-profit education company beat market expectations. DeVry and other for-profit education companies have struggled for more than a year with the impact of new government regulations and increased scrutiny.
MEMPHIS, Tenn.-- International Paper Co. said Thursday its third-quarter net income dropped by nearly half as it rang up charges for restructuring and for absorbing smaller rival Temple-Inland. Excluding special items and charges, International Paper said it earned $330 million, or 75 cents per share, in the latest quarter.
NEW YORK, Oct 25- The monetary and fiscal policies in the United States are creating enormous risks and the Federal Reserve's actions in particular are now harming the economy, influential hedge fund manager David Einhorn said on Thursday.
OMAHA, Neb.-- An insurance company that canceled the homeowner's policy of a Nebraska sheriff's deputy because of his K-9 unit dog said Thursday it's looking to change its practices regarding police dogs.
NORTH HOLLYWOOD, Calif.-- IPC The Hospitalist Company Inc. said Thursday that its net income rose 21 percent in the third quarter as it added more providers. Earnings in the July-September quarter came to $7.8 million, or 46 cents per share, from $6.5 million, or 38 cents per share, in the same quarter a year ago.
Oct 25- International Business Machines Corp disclosed in a filing with the U.S. Securities and Exchange Commission on Thursday that it has received communications from the U.S. Commerce Department about a probe into ZTE Corp..
DES MOINES, Iowa-- Women's magazine publisher Meredith Corp. said Thursday that its fiscal first-quarter net income rose 15 percent as both circulation and ad revenue increased, thanks largely to recent acquisitions.
SANTA CLARA, Calif.-- Touch-screen maker Synaptics Inc. said Thursday that its fiscal first-quarter net income fell by more than half on weak sales of screens for desktop computers.
Among the institutions that have reported thus far, the highest return earned for the fiscal year ended June 30, was 15.8 percent and the lowest was a loss of 9.5 percent, according to data gathered from 463 institutions sponsored by Commonfund Institute and the National Association of College and University Business Officers.
Any setback for degludec- which Novo plans to market under the brand name Tresiba- would be good news for rivals Sanofi and Eli Lilly. ``Given the known concerns of the FDA towards cardiovascular risk from new diabetes drugs, today's statement is likely to create volatility in the Novo Nordisk share price,'' Deutsche Bank analyst Tim Race said in a research note.