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  • *Nintendo Q2 op loss falls to 18.8 bln yen vs 19.6 bln yen. *Nintendo says expects to sell 5.5 mln Wii U by March 31.

  • ECB's Draghi faces German lawmakers over bond plan Wednesday, 24 Oct 2012 | 8:38 AM ET

    The ECB's plan to to buy unlimited amounts of short-term government bonds of troubled euro countries has met with skepticism in Germany and resistance from the head of the country's central bank. The plan is aimed at keeping a lid on borrowing costs of indebted countries such as Spain and Italy.

  • *Lumber Liquidators 3Q net income almost doubles Wednesday, 24 Oct 2012 | 8:32 AM ET
  • US Airways posts record 3Q profit Wednesday, 24 Oct 2012 | 8:29 AM ET

    DALLAS-- US Airways turned in a strong performance during a three-month stretch that covers much of the peak summer vacation season. The results are especially important to US Airways Group Inc. as it pursues a merger with American Airlines.

  • US Airways Wednesday, 24 Oct 2012 | 8:25 AM ET

    DALLAS-- US Airways says it earned $245 million in the third quarter, its best profit ever for the 3- month period that covers much of the peak summer vacation season. The airline says it would have earned $192 million, or 98 cents per share, before gains such as a swap of airport landing slots with Delta Air Lines.

  • Iran arrests 50 over currency decline Wednesday, 24 Oct 2012 | 8:23 AM ET

    TEHRAN, Iran-- Iran's intelligence chief says up to 50 people have been arrested in connection with the decline in the value of the national currency and the chaos that followed the slide. Iran's rial has lost nearly 40 percent of its value against the U.S. dollar this month.

  • Ahead of the Bell: Netflix Wednesday, 24 Oct 2012 | 8:15 AM ET

    NEW YORK-- Shares of Netflix Inc. tumbled more than 16 percent before Wednesday's opening bell, after the company slashed its prediction for how many U.S. video-streaming subscribers it would add this year. As a result, Netflix cut its estimate for full-year U.S. streaming subscriber additions to between 4.7 million and 5.4 million.

  • GENK, Belgium, Oct 24- Ford Motor Co will transfer the production of new versions of its Mondeo, S-Max and Galaxy models to Valencia, Spain, from Belgium, union representative Luc Prenen said on Wednesday.

  • Prison, $7 billion fine for French rogue trader Wednesday, 24 Oct 2012 | 8:13 AM ET

    Only the Bill Gates or the Warren Buffetts of the world could come up with the breathtaking sum an appeals court demanded Jerome Kerviel reimburse to Societe Generale as punishment for committing one of the biggest trade frauds in history. I think the judgment is protecting Societe Generale. "

  • TOKYO, Oct 24- Asahi Mutual Life Insurance plans to focus on investing in domestic bonds while continuing to cut Japanese stock holdings in the six months to March 2013, as it aims for stable portfolio management, a senior official said on Wednesday.

  • Hong Kong shares end up 0.3 pct at 2012 closing high Wednesday, 24 Oct 2012 | 8:09 AM ET

    HONG KONG, Oct 24- Hong Kong shares posted a fresh 2012 closing high on Wednesday, buoyed by expectations of more capital inflows into the territory after its de facto central bank moved to weaken the Hong Kong dollar for the fourth time in less than a week.

  • *Macitentan the big hope as Tracleer nears patent expiry. ZURICH, Oct 24- A new lung and heart drug from Actelion prolonged overall survival by more than a third in a clinical trial, reassuring Europe's leading biotech company that it has a viable successor to its current top seller.

  • ISTANBUL, Oct 24- When a Turkish brewing company issued a U.S. dollar bond last week more cheaply than its government, the message to international debt markets was clear: expect a flood of bonds from Turkish issuers in coming months.

  • Prison, massive fine for French rogue trader Wednesday, 24 Oct 2012 | 7:56 AM ET

    PARIS-- The Paris appeals court has upheld former Societe Generale trader Jerome Kerviel's conviction for covering up massive losses, sentencing him to three years in prison and ordering him to pay back a staggering 4.9 billion in damages.

  • *STR20 transacted at $2.93- $3.04, RSS at $3.15- $3.20/ kg. SINGAPORE, Oct 24- Tyre grades changed hands in a series of overnight deals but many buyers from top consumer China stayed away, waiting for prices to fall further on lingering worries about the health of the global economy, dealers said on Wednesday.

  • *Nintendo Q2 op loss falls to 18.8 bln yen vs 19.6 bln yen. Nintendo says expects to sell 5.5 mln Wii U by March 31.

  • INTERVIEW-Asahi Life to focus on domestic bonds in H2 Wednesday, 24 Oct 2012 | 7:38 AM ET

    TOKYO, Oct 24- Asahi Mutual Life Insurance plans to focus on investing in domestic bonds while continuing to cut Japanese stock holdings in the six months to March 2013, as it aims for stable portfolio management, a senior official said on Wednesday.

  • HONG KONG, Oct 24- Hong Kong's benchmark Hang Seng index hit its highest intra-day level of the year on Wednesday, helped by gains in local property developers and sectors most sensitive to capital inflows into the territory. The Hang Seng rose 0.4 percent to 21,787.8, rising above the previous intra-day high on Feb. 20 this year.

  • American to add new US, international flights Wednesday, 24 Oct 2012 | 7:32 AM ET

    DALLAS-- American Airlines says it will start new international routes next year, seeking to capitalize on growth in international travel, especially among high-fare corporate travelers.

  • EU: Spain, Italy putting EU emissions cuts at risk Wednesday, 24 Oct 2012 | 7:28 AM ET

    COPENHAGEN, Denmark-- Debt-ridden Spain and Italy could hinder the European Union from achieving its goal of cutting greenhouse emissions under an international climate pact, the EU's environmental agency said Wednesday.