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  • UK police: 300 potential victims of Jimmy Savile. Thursday, 25 Oct 2012 | 10:27 AM ET

    LONDON-- UK police say officers have identified 300 potential victims of the late Jimmy Savile, the disgraced BBC entertainer now believed to be a predatory pedophile. The BBC has been rocked by allegations that Savile sexually abused underage teens over several decades, sometimes on BBC premises.

  • Hershey 3Q profit dips 10 pct on one-time charges Thursday, 25 Oct 2012 | 10:26 AM ET

    NEW YORK-- Hershey reported a 10 percent drop in third-quarter net income as one-time charges led to the first such decline in four quarters, but it raised its profit outlook for whole year. The maker of Reese's Pieces, Hershey's Kisses and Jolly Ranchers earned $176.7 million, or 77 cents per share in the three-month period ended Sept. 30.

  • *Jackson freed after Ill. workers' protest arrest Thursday, 25 Oct 2012 | 10:26 AM ET
  • Threats of dismissal breaking SAfrica's strikes Thursday, 25 Oct 2012 | 10:25 AM ET

    South Africa's Chamber of Mines, representing mine owners, announced Thursday that it had agreed with the National Union of Mineworkers to raise gold miners' monthly salaries by up to 500 rand, in addition to a pay raise of up to 10 percent that miners got in July, weeks before wildcat strikes hit South Africa's platinum and gold mines.

  • *Smithsonian launches marine effort with $10M gift Thursday, 25 Oct 2012 | 10:23 AM ET
  • New Summary: Sprint posts wider 3rd-quarter loss Thursday, 25 Oct 2012 | 10:23 AM ET

    SPRINTING AWAY: In the July to September period, Sprint Nextel Corp. lost subscribers for the first time in two and a half years. However, Sprint's network offers slower data downloads than the bigger rivals in most places. BOTTOM LINE: Sprint's loss widened to $767 million, or 26 cents per share.

  • Germany orders recall of some Novartis flu shots Thursday, 25 Oct 2012 | 10:21 AM ET

    BERLIN-- German authorities ordered a recall Thursday of some batches of Novartis flu vaccine as a precautionary measure after the company reported the appearance of small particles in the manufacturing process. Italy's health ministry banned the sale of four Novartis flu drugs on Wednesday.

  • Linn Energy posts 3Q loss on commodity hedging Thursday, 25 Oct 2012 | 10:20 AM ET

    HOUSTON-- Linn Energy LLC posted a $430 million loss for the third quarter on Thursday because of losses from commodity derivatives intended to reduce fluctuations in cash flow. The company said that without the hedging losses, it would have earned $89.8 million, or 45 cents per share.

  • Imax shares jump on strong 3rd-quarter results Thursday, 25 Oct 2012 | 10:18 AM ET

    LOS ANGELES-- Imax Corp. said Thursday its third-quarter profit jumped 79 percent, as the company installed its systems in more theaters and made more money from converting movies to the Imax format. The news pleased investors and Imax shares jumped in morning trading.

  • Reuters World News Highlights 1000 GMT, Oct 25 Thursday, 25 Oct 2012 | 10:16 AM ET

    HAVANA- Hurricane Sandy, strengthening rapidly after crossing the warm Caribbean Sea, slammed into southeastern Cuba early on Thursday with 105 mph winds that cut power and blew over trees across the city of Santiago de Cuba.

  • UPDATE 1-ZTE posts a first quarterly loss, margins bleed Thursday, 25 Oct 2012 | 10:16 AM ET

    HONG KONG, Oct 25- ZTE Corp, the world's fourth-biggest maker of mobile phones and fifth-ranked telecommunications equipment manufacturer, reported a $310 million net loss for July-September, its first quarterly loss, as margins thinned, overseas projects were delayed and it made accounting changes at home in China.

  • AutoNation CEO: Car sales recovery will continue Thursday, 25 Oct 2012 | 10:14 AM ET

    AutoNation Inc. CEO Mike Jackson said people who held onto their cars through the Great Recession in 2008 and 2009 now have to make a choice between sinking thousands into repairing old vehicles or buying new ones.

  • Theft suspect found dead at Texas substation Thursday, 25 Oct 2012 | 10:13 AM ET

    SPRING, Texas-- Investigators say a man suspected of trying to steal copper wire has been found dead at an electrical substation near Houston. The Montgomery County Sheriff's Office on Thursday said investigators believe 37- year-old Harold Gene Schneider was electrocuted in the theft process.

  • Aetna reports higher quarterly profits, raises outlook Thursday, 25 Oct 2012 | 10:13 AM ET

    Oct 25- Aetna Inc., the third-largest U.S. health insurer, reported a higher quarterly profit on Thursday as it reached its 2012 goal of 18.2 million members ahead of schedule and kept costs down. It previously had forecast $5.00 to $5.10.

  • *CME Group's results fall on quieter markets Thursday, 25 Oct 2012 | 10:13 AM ET
  • GLOBAL MARKETS-UK pick up lifts European shares, sterling Thursday, 25 Oct 2012 | 10:12 AM ET

    LONDON, Oct 25- Global shares and commodity markets rose on Thursday, pulled out of their recent slide by encouraging data from Britain and China and the U.S.

  • Oct 25- Canadian oil and gas producer Nexen Inc said it still expects a $15.1 billion takeover bid by China's CNOOC Ltd to close in the current quarter. CNOOC's chief financial officer, Zhong Hua, told reporters on Wednesday that his company expected to get approval for the takeover by the end of the year.

  • *Q3 sales fall 19 pct to $6.68 bln vs consensus $6.75 bln. *Core EPS $1.51 vs consensus $1.44; full-year outlook held. LONDON, Oct 25- AstraZeneca's sales slumped by a bigger-than-expected 19 percent in the third quarter, underscoring the challenges confronting the drugmaker's new chief executive, Pascal Soriot.

  • Cabela's says smaller store format boosted 3Q Thursday, 25 Oct 2012 | 10:10 AM ET

    SIDNEY, Neb.-- Cabela's Inc. said Thursday that its net income rose 28 percent in the third quarter, which was in line with Wall Street expectations, as the outdoor sporting goods retailer's new, smaller store formats outperformed its more cavernous stores. Cabela's also noted that its free shipping offer also hurt results for the segment.

  • After government lifeline, Peugeot finds 600 jobs Thursday, 25 Oct 2012 | 10:08 AM ET

    The announcement comes a day after France offered Peugeot a 7 billion lifeline in loan guarantees but demanded influence in decision-making. Varin insisted the government would not make decisions for Peugeot. According to the Peugeot announcement, ID Logistics planned to use the site and hire 600 of its workers.