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  • Oct 24- Kimberly-Clark Corp posted a higher quarterly profit on Wednesday and raised its expectations for the year. Kimberly-Clark, best known for its Kleenex tissues, earned $517 million, or $1.30 per share, in the third quarter, compared with $432 million, or $1.09 per share, a year earlier.

  • *Delta Air posts higher quarterly net profit Wednesday, 24 Oct 2012 | 11:41 AM ET
  • *Worst of China growth slowdown may be over. LONDON, Oct 24- The euro zone's biggest member Germany is being sucked into the bloc's worsening economic quagmire, business surveys suggested on Wednesday, as similar data signalled the slowdown in China may be abating.

  • AT&T revenue falls slightly, misses Wall Street view Wednesday, 24 Oct 2012 | 11:41 AM ET

    Oct 24- AT&T Inc posted third-quarter revenue below Wall Street expectations on Wednesday, but its earnings increased from a year earlier. AT&T reported earnings of $3.64 billion, or 63 cents per share, compared with $3.62 billion, or 61 cents per share, a year earlier.

  • Delta Air posts higher quarterly net profit Wednesday, 24 Oct 2012 | 11:41 AM ET

    Oct 24- Delta Air Lines reported on Wednesday that its quarterly profit rose, boosted by gains tied to fuel hedges. Net income came to $1.05 billion, or $1.23 a share, for the third quarter, compared with $549 million, or 65 cents a share, a year earlier. Excluding items, profit was 90 cents a share.

  • BERLIN, Oct 24- Germany is rushing to purchase a stake in EADS by year-end, fearful that the owner of the shares, carmaker Daimler, could unload them on the open market and hurt Berlin's influence in the aerospace group, a government document obtained by Reuters showed.

  • On the Call: AT&T exec on data-sharing plans Wednesday, 24 Oct 2012 | 11:34 AM ET

    Following in Verizon's footsteps, AT&T Inc. introduced plans in August that let a household share a monthly data allowance over as many as 10 devices.

  • UPDATE 1-Singapore Airlines in $7.5 bln Airbus deal Wednesday, 24 Oct 2012 | 11:31 AM ET

    SINGAPORE, Oct 24- Singapore Airlines will order five Airbus A380 aircraft and 20 more A350 planes in a deal valued at $7.5 billion, looking beyond a business slowdown that has led the carrier to stop hiring cadet pilots for now.

  • Mediation in Savannah River lawsuit delayed Wednesday, 24 Oct 2012 | 11:28 AM ET

    CHARLESTON, S.C.-- Settlement talks involving attorneys in a federal lawsuit over the $650 million deepening of the Savannah River shipping channel have been delayed. Environmentalists say the deepening work needs a South Carolina pollution permit because it will mean toxic cadmium will be dredged from the river and deposited on the South Carolina shore.

  • Bankers set for $30-$50 mln from TNK-BP - Freeman Wednesday, 24 Oct 2012 | 11:27 AM ET

    LONDON, Oct 24- Bankers will likely pick up $30- $50 million for their work on Russian state-owned oil group Rosneft's $55 billion takeover of TNK-BP, according to Freeman Consulting. Data from Thomson Reuters and Freeman showed fees average about $35 million on $10 billion deals, smaller than the TNK-BP.

  • Oil drops on big increase in US supplies Wednesday, 24 Oct 2012 | 11:27 AM ET

    Oil supplies grew last week by 5.9 million barrels, or 1.6 percent, the Energy Department said. Benchmark oil fell $1.04 or 1.2 percent, to $85.63 per barrel. Brent crude fell 11 cents to $108.14 per barrel in London.

  • *Group beer volumes fall in western Europe, rise elsewhere. *Shares down 2.6 pct, among weakest in Europe. BRUSSELS, Oct 24- Heineken NV, the world's third-largest brewer, reported stronger than expected third-quarter group revenue on Wednesday, boosted by U.S. and emerging market strength and price hikes, but investors focused on weakness in Europe.

  • Jones Group adjusted profit rises on wholesale gains Wednesday, 24 Oct 2012 | 11:23 AM ET

    Oct 24- Jones Group Inc, the fashion company behind such brands as Nine West and Jones New York, reported a higher quarterly profit before special items, helped by a rise in sales to U.S. department stores that helped it overcome a steep drop in business at its own stores in the United States. Sales of shoes to chains such as Macy's Inc rose 10.1 percent.

  • Whirlpool shares hit new high after upgrade Wednesday, 24 Oct 2012 | 11:22 AM ET

    THE SPARK: Goldman Sachs analyst Joshua Pollard raised his rating on Whirlpool to "Buy" from "Sell" and nearly doubled his six-month price target on the shares, raising it to $110 from $57. THE BACKGROUND: On Tuesday Whirlpool Corp.' s stock touched $94.34, the highest level since July 2010.

  • *Six Flags shares plummet as revenue disappoints Wednesday, 24 Oct 2012 | 11:20 AM ET
  • *China data points to strengthening recovery. *Dow Chemical to cut jobs. NEW YORK, Oct 24- U.S. stock index futures edged higher on Wednesday, indicating indexes may bounce from declines a day earlier when the Dow suffered its biggest drop in four months, following data from China that eased concerns about sluggish global growth.

  • Report: NJ third-highest in-state tuition costs Wednesday, 24 Oct 2012 | 11:20 AM ET

    The College Board says the sticker price of in-state tuition at four-year public universities climbed an average of roughly $400 this fall to $8,655, an increase of nearly 5 percent. New Jersey has the third-highest published in-state tuition charges, at more than $12,000.

  • Wyoming jobless rate falls to 5.4 percent in Sept. Wednesday, 24 Oct 2012 | 11:18 AM ET

    CHEYENNE, Wyo.-- Wyoming's unemployment rate fell to 5.4 percent in September. Sublette County reported the state's lowest jobless rate last month at 3 percent, followed by Niobrara County at 3.2 percent, Converse at 3.6 percent and Campbell and Albany both at 3.7 percent.

  • Chili's parent sees 1Q profit rise 18 pct Wednesday, 24 Oct 2012 | 11:18 AM ET

    However, earnings for Dallas- based Brinker International Inc. missed expectations, sending its shares down $2.81, more than 8 percent, to $30.63 Wednesday morning. Brinker, which also has a stake in Romano's Macaroni Grill, said Wednesday that it earned $27.9 million, or 36 cents per share for the three months ended Sept. 26.

  • Record month for air travel at NY-area airports Wednesday, 24 Oct 2012 | 11:17 AM ET

    NEWARK, N.J.-- The New York area's three major airports are experiencing record passenger traffic. The Port Authority of New York and New Jersey says traffic at LaGuardia, JFK and Newark Liberty airports increased by slightly more than 10 percent in August compared to a year ago.