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  • Brunswick's 3Q net down 57 pct amid restructuring Thursday, 25 Oct 2012 | 2:05 PM ET

    LAKE FOREST, Ill.-- Boat and sporting-goods maker Brunswick Corp. posted a 57 percent drop in third-quarter earnings Thursday as large restructuring and other charges limited its gain. The company said net earnings for the July-through-September period were $2 million, or 2 cents per share.

  • News Summary: IMF says Portugal needs debt effort Thursday, 25 Oct 2012 | 2:02 PM ET

    IMF TAKE: Portugal's financial recovery program is entering a risky phase as it struggles to cut its heavy debt load amid a continuing recession, growing unemployment and mounting opposition to austerity measures.

  • SolarWinds 3Q profit rises 8 pct on strong demand Thursday, 25 Oct 2012 | 2:02 PM ET

    AUSTIN, Texas-- SolarWinds' third-quarter profit rose 8 percent, helped by steep increases in both license and maintenance revenue. SolarWinds said its license revenue jumped 33 percent to $34 million, while maintenance revenue increased 33 percent to $37.7 million.

  • Build-A-Bear shares plunge on 3Q loss Thursday, 25 Oct 2012 | 2:00 PM ET

    ST. LOUIS-- Build-A-Bear Workshop Inc.' s shares plunged Thursday after the toy retailer posted a third-quarter loss and said it would close up to 60 stores. The St. Louis- based company, which sells make-it-yourself teddy bears and other dolls, has struggled for some time with weak sales.

  • Travelzoo profit falls on local deals, air search Thursday, 25 Oct 2012 | 1:59 PM ET

    NEW YORK-- Travelzoo's third-quarter net income fell 42 percent due to declining sales on its airline search site.

  • U.S. pending home sales rise modestly in September Thursday, 25 Oct 2012 | 1:59 PM ET

    WASHINGTON, Oct 25- Contracts to buy previously owned U.S. homes rose far less than expected in September, an industry group said on Thursday, but the data continued to point to an improving tone in the housing market. The National Association of Realtors said its Pending Home Sales Index, based on contracts signed in September, gained 0.3 percent to 99.5.

  • Quonset dredging project to improve RI ship access Thursday, 25 Oct 2012 | 1:56 PM ET

    NORTH KINGSTOWN, R.I.-- A $7.5 million dredging project designed to allow ships to more easily access Quonset's Port of Davisville is getting under way _ with the scoop of a massive dredging bucket that can lift two dump trucks' worth of material at a time.

  • RIO DE JANEIRO, Oct 25- Brazilian mining company Vale plans to sell underperforming assets in a broad push to control costs and boost profitability, executives said on Thursday, a day after the company posted weak earnings and put a major investment on hold in the West African nation of Guinea.

  • Could events beyond campaign control jolt race? Thursday, 25 Oct 2012 | 1:53 PM ET

    ST. PAUL, Minn.-- An election-eve terrorist strike. Democratic President Barack Obama and Republican rival Mitt Romney are on guard for anything that could push the presidential race from its taut course. They've got a plan and they are now going to execute it, "said Carter Eskew, a top strategist for Democrat Al Gore during a 2000 campaign that came up just short."

  • Rising fashion star Roberts talks shopping, style Thursday, 25 Oct 2012 | 1:52 PM ET

    NEW YORK-- Emma Roberts isn't just making a name for herself as a rising star in Hollywood _ she has four films in the works _ she's also leaving her mark in the world of fashion. The 21- year-old routinely gets name-checked in magazines for her style on the red carpet and off, and she's a coveted front-row guest at fashion shows.

  • *Lazard will meet 25 percent margin target by 2014- CEO. Oct 25- Lazard Ltd plans to cut $125 million in costs each year, mainly through staff reductions, the investment bank said on Thursday, as it works to meet an aggressive profit goal in a weak market for its financial advisory services.

  • RI amnesty program collects $7.4M in back taxes Thursday, 25 Oct 2012 | 1:51 PM ET

    PROVIDENCE, R.I.-- Rhode Island's tax amnesty program has generated nearly $7.4 million in payments from people behind on their taxes. The state Division of Taxation said Thursday that it has received 2,792 applications since the amnesty period began Sept. 2.

  • Idaho wind developer's woes mount with lawsuit Thursday, 25 Oct 2012 | 1:50 PM ET

    BOISE, Idaho-- Legal challenges facing an Idaho wind energy company are mounting, after a contractor building one of its projects in Minnesota went to court asking a judge to hand over control.

  • Statue of Liberty reopens on 126th birthday Sunday Thursday, 25 Oct 2012 | 1:50 PM ET

    NEW YORK-- The Statue of Liberty is set to reopen to the public on Sunday, the U.S. landmark's 126th anniversary. The statue has been closed since last October for renovation to its interior, although the public has been allowed to visit its Liberty Island grounds in New York Harbor. The statue, a gift from France, was dedicated on Oct. 28, 1886.

  • NH resort won't be open for 1st voting this year Thursday, 25 Oct 2012 | 1:49 PM ET

    DIXVILLE NOTCH, N.H.-- Voters in tiny Dixville, N.H., have cast some of the nation's first ballots for president at the historic Balsams Grand Resort Hotel for more than 50 years.

  • Hot summer helps power CMS Energy's 3Q earnings Thursday, 25 Oct 2012 | 1:49 PM ET

    JACKSON, Mich.-- CMS Energy posted a 6 percent rise in net income for the third quarter, as sweltering heat boosted the use of air condition and economic activity in Michigan heated up as well. The Jackson, Mich., electric and gas company reported net income of $148 million in the quarter, or 55 cents per share.

  • INTERVIEW-Windows 8 recasts PC industry-CEO Ballmer Thursday, 25 Oct 2012 | 1:49 PM ET

    Microsoft is doubling down on its bet with its own tablet called the Surface, available only through its own stores and website, which will challenge Apple's iPad head on.

  • MADRID, Oct 25- Santander, Spain's biggest bank, urged the government to seek an international bailout to reduce borrowing costs for struggling lenders, as writedowns on bad property investments almost wiped out its third-quarter profit.

  • *Raises 2012 EPS outlook to $2.50- $2.60 per share. Oct 25- Rising generic drug sales in North America helped push up Mylan Inc's quarterly profit by 35 percent and the drugmaker raised its earnings forecast for 2012, even as it steps up spending on its own drug research.

  • United Airlines troubles mostly wipe out 3Q profit Thursday, 25 Oct 2012 | 1:47 PM ET

    It was a rough third quarter for United Airlines. "We recognize that some of our customers chose to fly other airlines during the summer, when our operational performance degraded," CEO Jeff Smisek said on a conference call. Net income for United Continental Holdings Inc. dropped to $6 million, or 2 cents per share, from $653 million, or $1.69 per share, a year earlier.