NEW YORK— Unions representing Verizon workers in nine states say their members will work without a contract as more negotiations are scheduled with the wireless carrier. Verizon Chief Administrative Officer Marc Reed said in a statement the company is "disappointed" there aren't agreements but it will continue negotiating. The unions says Verizon is...» Read More
*Earnings of $1.32/ share before items beat $1.12 estimate. Oct 26- Rockwell Collins Inc reported lower quarterly earnings on Friday as weaker government sales overshadowed stronger commercial revenue, and said it could cut 5 percent of its workforce as its defense operations face U.S. budget challenges. Rockwell Collins has 20,000 employees.
Oct 26- A former chief financial officer at Xilinx Inc on Friday became the latest executive to settle civil charges of being part of now-imprisoned hedge fund tycoon Raj Rajaratnam's insider trading network.
Oct 26- A New York man was arrested Friday on charges he forged documents in a multibillion-dollar scheme to defraud Facebook Inc and its chief executive, Mark Zuckerberg, through a lawsuit claiming a huge ownership stake in the Internet company.
*Brazil investing heavily to increase energy capacity. BRASILIA, Oct 26- A massive blackout left as many as 53 million Brazilians in the dark late Thursday and early Friday, the latest in a string of energy shortages that have raised questions about whether Brazil's infrastructure is keeping pace with economic growth.
*Opel expected to pay backdated wages in lump sum- source. FRANKFURT/ HAMBURG, Oct 26- A German labour union extended a Friday deadline for a deal with loss-making carmaker Opel over a turnaround plan that includes thousands of job cuts and the closure of its Bochum plant in 2017..
HOUSTON-- Robbins& Myers Inc. still intends to close a $2.5 billion sale of the company to National Oilwell Varco Inc. by the end of the year, despite additional regulatory review of the deal.
WASHINGTON, Oct 26- Fannie Mae and Freddie Mac are expected to require less taxpayer aid and may be able to stop tapping government coffers as early as next year, the U.S. housing regulator said on Friday, partly because the health of the bailed-out companies has improved.
The Federal Deposit Insurance Corp. seized NOVA Bank, based in Berwyn, Pa.. The FDIC said it was unable to find a financial institution to take over the failed bank's operations, so it will retain NOVA's assets for later disposition. The lender is the second FDIC- insured institution in Pennsylvania to fail this year.
PARIS, Oct 26- Greece's opposition leader denounced international lenders' demands as dealing the ``final blow'' to a devastated economy but said on Friday he would not seek to bring down the government.
Oct 25- McDonald's Corp will start selling bags of its ground coffee i n some of its Canadian re staurants i n November, its Canadian chief told Reuters on Thursday, in a likely challenge to rivals like Starbucks Corp, Dunkin' Donuts and Tim Hortons Inc..
Oct 26- Hurricane Sandy has weakened a little, with maximum sustained winds dropping to near 75 miles per hour though with higher gusts, the U.S. National Hurricane Center said in its latest bulletin on Friday.
Oct 26- U.S. electric companies from Maine to Florida were bracing for heavy wind, rain and flooding that could take down power lines and threaten to close some East Coast nuclear plants early next week when Hurricane Sandy comes ashore.
NEW YORK, Oct 26- U.S. stocks edged lower on Friday, as investors fretted about Apple's weaker-than-expected results- the latest in a string of lackluster earnings- and signs that economic growth is still not strong enough to make a significant reduction in unemployment. Apple's stock lost 1.4 percent to $601.18.
NASSAU, Oct 26- Slow-moving Hurricane Sandy, a late season Atlantic storm unlike anything seen in more than two decades, slogged toward the U.S. East Coast on Friday after killing at least 34 people on a path destruction across the Caribbean.
Shares of the Dallas, Texas- based Dean Foods Co spin-off changed hands at $16.87, after pricing at $17 on Thursday evening. Reuters reported late on Thursday that Mexico's Grupo Lala, Michael Foods and Apollo were eyeing the Morningstar business, which could be valued between $1 billion and $1.5 billion.
PITTSBURGH-- United States Steel Corp.' s third-quarter results Tuesday should shed some light on the appetite for steel in the sluggish global economy. WHAT TO WATCH FOR: The Pittsburgh manufacturer warned investors in late July that slower global growth could be a drag on third-quarter results.
DALLAS-- Specialty chemicals company Celanese Corp. said Friday that it will increase the price of acrylic-based emulsions sold in the Americas.
*Argentina treated bondholders unequally- court. NEW YORK, Oct 26- A U.S. appeals court said Argentina improperly discriminated against bondholders who refused to take part in two massive debt restructurings, setting back the country's efforts to recover from a roughly $100 billion default a decade ago.
NEW YORK, Oct 26- Prices for U.S. Analysts said that number could not only shed light on the nascent labor market recovery but also influence an increasingly tight election for the presidency between Republican Mitt Romney and Democrat Barack Obama.
LOS ANGELES-- Shares of business intelligence software maker Qlik Technologies Inc. fell 8 percent Friday, a day after the company reported third-quarter earnings and revenue that fell short of analysts' estimates.