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  • Green Mountain's shares up on international plans Wednesday, 17 Oct 2012 | 4:04 PM ET

    THE SPARK: According to a filing with the Securities and Exchange Commission, Green Mountain hired Gerard Geoffrion, currently head of its business in Canada, to serve as its president of international business development.

  • News Summary: Cotton soars, other prices end mixed Wednesday, 17 Oct 2012 | 3:58 PM ET

    Cotton for December delivery surged 3 cents, its daily limit, to 77.86 cents per pound. METALS SHINE: Gold rose $6.70 to settle at $1,753 an ounce, silver rose 27.3 cents to $33.232 an ounce and copper rose 4.8 cents to $3.748 per pound.

  • IBM stock falls on signs of slowdown in demand Wednesday, 17 Oct 2012 | 3:58 PM ET

    NEW YORK-- IBM's stock is down more than 5 percent after the company reported disappointing third-quarter revenue and suggested demand in key markets may be slowing. Shares are down $10.69, or 5.1 percent, to $200.31 in late afternoon trading. It came to $24.7 billion, $700 million less than analysts expected.

  • Oil prices volatile, but end where they began Wednesday, 17 Oct 2012 | 3:47 PM ET

    Benchmark oil gained 3 cents to $92.12. That was almost double what analysts had forecast, according to Platts, the energy information arm of McGraw-Hill Cos. Brent crude, which is used to price international varieties of oil, fell 78 cents to $113.22 per barrel on the ICE Futures exchange in London.

  • Lindsay Corp. fiscal 4Q profit rises 48 pct. Wednesday, 17 Oct 2012 | 3:45 PM ET

    OMAHA, Neb.-- Irrigation system maker Lindsay Corp. said Wednesday that its fiscal fourth-quarter net income jumped 48 percent, boost by higher demand from farmers. For the quarter ended Aug. 31, the Omaha, Neb.- based company made $8.8 million, or 68 cents per share, up from $5.9 million, or 46 cents per share, in the same quarter last year.

  • Prices for grains, livestock futures rise Wednesday, 17 Oct 2012 | 3:41 PM ET

    CHICAGO-- Grains futures rose Wednesday on the Chicago Board of Trade. Wheat for December delivery gained 8.5 cents to $8.5625 per bushel; December corn rose 7.25 cents to $7.455 per bushel; December oats increased 3.25 cents to $3.9575 per bushel and November soybeans gained 15.5 cents to $15.0925 per bushel.

  • Cotton shoots higher; other commodities are mixed Wednesday, 17 Oct 2012 | 3:31 PM ET

    Cotton for December delivery surged 3 cents, its daily limit, to 77.86 cents per pound. Jack Scoville of Price Futures Group said the gain came on speculative buying and rumors of short supplies.

  • News Summary: RBS exits gov't insurance program Wednesday, 17 Oct 2012 | 3:30 PM ET

    EXIT: Royal Bank of Scotland, which was rescued in Britain's biggest bank bailout, is leaving a government emergency insurance program that helped stabilize the company after it nearly collapsed.

  • Decades late, FDR memorial park dedicated in NYC Wednesday, 17 Oct 2012 | 3:29 PM ET

    NEW YORK-- Celebrating a design 40 years in the making, dignitaries on Wednesday dedicated a new memorial park to President Franklin Roosevelt overlooking the United Nations that he helped found.

  • Big Bird costumes hot sellers for Halloween Wednesday, 17 Oct 2012 | 3:28 PM ET

    NEW YORK-- Can't figure out how to dress as a binder full of women for Halloween? The Yellow One is flying off the shelves after Mitt Romney's threat to do away with government support for PBS.

  • NFL responds to Vilma, NFLPA lawsuits Wednesday, 17 Oct 2012 | 3:27 PM ET

    NEW ORLEANS-- The NFL is again urging a federal judge to avoid interfering in Commissioner Roger Goodell's efforts to discipline four players for the Saints' cash-for-hits bounty pool.

  • St. Jude falls on FDA concerns, sales estimate Wednesday, 17 Oct 2012 | 3:26 PM ET

    NEW YORK-- Shares of St. Jude Medical Inc. declined Wednesday after the medical device maker cut its 2012 revenue estimate and said it may get a warning from federal regulators about a defibrillator plant in California.

  • Earnings roundup: St Jude Medical, Amphenol Wednesday, 17 Oct 2012 | 3:21 PM ET

    Among the earnings stories for Wednesday, Oct. 17, from The Associated Press:. _ Medical device maker St. Jude Medical Inc. reported third-quarter earnings that beat expectations, though company shares slumped as the executives warned that the company could receive a regulatory warning over a California manufacturing plant.

  • Earnings roundup: US Bancorp, Northern Trust Wednesday, 17 Oct 2012 | 3:18 PM ET

    Among the earnings stories for Wednesday, Oct. 17, from The Associated Press:. _ U.S. Bancorp's net income leapt 14 percent in the third quarter as the regional bank made more loans to companies and people seeking mortgages. _ Northern Trust Corp. said its third-quarter net income rose 5 percent due to higher fees from clients for managing their money.

  • Earnings roundup: Halliburton, Abbott Labs Wednesday, 17 Oct 2012 | 3:17 PM ET

    Among the earnings stories for Wednesday, Oct. 17, from The Associated Press:. _ Halliburton Co. said a decline in revenue in its core North America market was largely responsible for a 12 percent decline in third-quarter profit.

  • Syria's wealthy businesses feel civil war squeeze Wednesday, 17 Oct 2012 | 3:17 PM ET

    CAIRO-- Syria's wealthy, long cultivated by President Bashar Assad as a support for his regime, are seeing their businesses pummeled by the bloody civil war. Assad may not have lost the backing of Syria's business elite, but some are losing faith.

  • Parker Hannifin to buy Sea Recovery, no terms Wednesday, 17 Oct 2012 | 3:10 PM ET

    CLEVELAND-- Parker Hannifin Corp., which makes industrial hoses, airplane wheels and other products, said Wednesday that it has agreed to buy Sea Recovery from Denmark's Danfoss A/S. Cleveland- based Parker Hannifin will assume ownership of the business on Nov. 1. Parker Hannifin shares rose $1.85, or 2.3 percent, to $83.82 in afternoon trading Wednesday.

  • Movers roundup: Apollo Group, Cree Wednesday, 17 Oct 2012 | 2:58 PM ET

    Among the stock activity stories for Wednesday, Oct. 17, from The Associated Press:. _ Apollo Group Inc.' s shares plunged after the for-profit education company reported a disastrous fourth-quarter and announced plans to close many of its University of Phoenix schools.

  • Comptroller: Texas Rainy Day Fund climbs to $8.1B Wednesday, 17 Oct 2012 | 2:55 PM ET

    AUSTIN, Texas-- As another budget-slashing session in the Texas Legislature potentially looms, aides to the state's chief accountant told lawmakers Wednesday that the Rainy Day Fund is about to be stocked with $8.1 billion and could climb higher next year.

  • United Rental shares rise on strong 3Q profit Wednesday, 17 Oct 2012 | 2:54 PM ET

    THE SPARK: Late Tuesday, United Rentals reported net income of $73 million, or 70 cents per share, compared with $65 million, or 91 cents per share, in the third quarter of 2011. Excluding one-time items, the company said it posted an adjusted profit of $1.35 per share.