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  • GLOBAL ECONOMY-Euro woes deepen, China, US improve a bit Wednesday, 24 Oct 2012 | 2:23 PM ET

    *Economic rot taking root in Germany, France. NEW YORK/ LONDON, Oct 24- Euro zone businesses suffered another dismal month in October as factory output plunged in Germany, the area's top economy and exporter, while conditions improved slightly for U.S. and Chinese manufacturers.

  • TIMELINE-Traders in trouble Wednesday, 24 Oct 2012 | 2:20 PM ET

    Feb. 2002- Allied Irish Bank said rogue trader John Rusnak had defrauded its U.S. subsidiary Allfirst of $691 million. July 2006- David Bullen and Vince Ficarra, two former foreign exchange options dealers at National Australia Bank, were jailed after a 2004 scandal that cost NAB A $252 million.

  • Weak 3Q, profit view weigh on Buffalo Wild Wings Wednesday, 24 Oct 2012 | 2:18 PM ET

    Buffalo Wild Wings Inc.' s shares plunged Wednesday following a disappointing third-quarter financial report from the restaurant chain, and forecast slower profit growth. Buffalo Wild Wings said it expects its earnings to increase 15 percent for 2012 and 20 percent in 2013. That's slower than last year, when the company's net income grew 31 percent.

  • Fed cites moderate US growth, takes no new action Wednesday, 24 Oct 2012 | 2:16 PM ET

    WASHINGTON-- Two weeks before a U.S. election focused on the economy, the Federal Reserve said Wednesday that its help is still needed to increase growth and lower unemployment. The Fed took no action after a two-day policy meeting. It wants time to assess whether the aggressive steps it launched in September will help the economy.

  • Total System shares fall in wake of earnings Wednesday, 24 Oct 2012 | 2:16 PM ET

    NEW YORK-- Shares of Total System Services Inc. fell nearly 4 percent Wednesday as analysts said third-quarter results for the electronic payments processor appeared to be in line with expectations but noted some potential negative factors.

  • Auto bailout could be key to Obama victory in Ohio Wednesday, 24 Oct 2012 | 2:15 PM ET

    LORDSTOWN, Ohio-- President Barack Obama's decision to help America's automakers could end up being what helps drive him back into the White House.

  • PRECIOUS-Gold up along with stocks; eyes on Fed meeting Wednesday, 24 Oct 2012 | 2:12 PM ET

    LONDON, Oct 24- Gold rose on Wednesday along with stock markets, helped by well received data from China and an upbeat earnings report from Boeing, while dealers awaited a Federal Reserve policy statement later in the day. Spot gold was up 0.1 percent at $1,709.60 an ounce at 1309 GMT, while U.S. gold futures for December delivery were up 60 cents an ounce at $1,710.

  • Cameron says unhappy with corporate tax avoidance Wednesday, 24 Oct 2012 | 2:09 PM ET

    LONDON, Oct 24- Prime Minister David Cameron said on Wednesday he was unhappy with the level of tax avoidance by big corporations working in Britain and urged authorities to make sure all companies paid their fair share of tax.

  • Cancer risks studied near 7 US nuclear sites Wednesday, 24 Oct 2012 | 2:07 PM ET

    HARTFORD, Conn.-- Federal regulators say a pilot study of cancer risks posed to residents near seven nuclear power sites in the United States will update 22- year-old data, but an industry group says the study won't come up with anything new.

  • UPDATE 1-ADP overhauls U.S. private payrolls report Wednesday, 24 Oct 2012 | 2:03 PM ET

    NEW YORK, Oct 24- A monthly reading of U.S. private sector employment has been revamped to put it more in line with the closely watched government nonfarm payrolls report. Automatic Data Processing said on Wednesday it had made the changes to its private job market report as part of a new partnership with Moody's Analytics.

  • NEW YORK, Oct 24- The euro edged lower against the dollar and yen on Wednesday after unexpectedly weak German data stoked concern the euro zone's largest economy may be headed for recession.

  • Silgan 3Q net income nearly flat, revenue dips Wednesday, 24 Oct 2012 | 2:01 PM ET

    STAMFORD, Conn.-- Silgan's third-quarter net income was nearly flat as the packaging products supplier dealt with some charges and tough economic conditions. For the period ended Sept. 30, Silgan Holdings Inc. earned $78.7 million, or $1.13 per share. Wall Street forecast $1.15 billion.

  • Peco Foods announces expansion in Arkansas Wednesday, 24 Oct 2012 | 2:01 PM ET

    BATESVILLE, Ark.-- Peco Foods says it will add 300 jobs in eastern Arkansas by expanding a feed mill in Newark and a processing plant in Batesville. Peco Foods announced the expansion Wednesday alongside local leaders and Gov. Peco Foods is the eighth-largest poultry processor in the United States.

  • *City seen as bastion of loyalty to Assad before uprising. *Businessmen hit by attacks, kidnapping, extortion. AMMAN, Oct 24- Top Syrian businessman Fares Shehabi says he lives in constant fear of being kidnapped by rebels fighting loyalist forces for control of his home city Aleppo.

  • DUBAI, Oct 24- Private equity firms in the Middle East are preparing to exit a range of investments, a sign that asset markets in the region are recovering from the twin blows of Arab Spring uprisings and the global financial crisis.

  • Egypt aims to end late-night shopping to save energy Wednesday, 24 Oct 2012 | 2:00 PM ET

    CAIRO, Oct 24- Business has flourished for Cairo's store owners and itinerant street traders since a popular uprising ushered in 20 months of light-touch law enforcement, but the boom-time may soon be over. Some Cairo store workers welcome the prospect of a shorter working day.

  • U.S. new home sales jump to near 2-1/2 year high in Sept Wednesday, 24 Oct 2012 | 2:00 PM ET

    WASHINGTON, Oct 24- New U.S. single-family home sales surged in September to their highest level in nearly 2-1/ 2 years, further evidence the housing market recovery is gaining steam.

  • Boeing benefits from faster airplane deliveries Wednesday, 24 Oct 2012 | 1:59 PM ET

    Boeing is cranking out planes faster, and it's paying off. Boeing has been speeding up production, aiming to get some of its newest planes out the door faster. Boeing's revenue from commercial planes jumped 28 percent to $12.19 billion in the most recent quarter.

  • *Q3 adjusted EPS 71 cents vs Wall St view 66 cents. Oct 24- Media veteran Barry Diller's IAC/InteractiveCorp breezed past quarterly expectations on the strength of its search businesses such as Ask.com.

  • Man who drove SUV on runway gets 16 months prison Wednesday, 24 Oct 2012 | 1:58 PM ET

    PHILADELPHIA-- A man who drove an SUV onto an airport runway, forcing a passenger jet to abort its landing, was sentenced Wednesday to 16 months in prison and must pay $92,000 in restitution. Kenneth Mazik, 25, of Chadds Ford, crashed through a gate on March 1 and led police on a runway chase at speeds topping 100 mph.