The so-called "Sectoral Sanctions Identifications List," or SSI List, was announced by President Barack Obama on July 16 as the United States stepped up pressure on Russia over its support for separatist rebels in war-torn Ukraine.» Read More
NEW YORK-- Shares of real estate services provider Realogy, whose brands include Century 21, Coldwell Banker and The Corcoran Group, soared more than 25 percent in their first day of trading on the New York Stock Exchange. Realogy Holdings Corp. said its IPO of 40 million shares priced at $27 per share, at the high end of the projected range of $23 to $27 per share.
LAS VEGAS-- Nevada's foreclosure rate remains fifth in the nation after big drops in activity compared with last year. RealtyTrac reports Thursday that Nevada's September foreclosure rate is down 19 percent from August and down more than 75 percent from the same time last year. That rate fell behind Florida, California, Illinois and Arizona.
BISMARCK, N.D.-- The chairman of the Three Affiliated Tribes says construction should start next spring on a $400 million oil refinery in North Dakota. It would be the first one built in the United States in more than 30 years. The U.S. Interior Department has agreed to put the refinery land into trust for the tribe's benefit.
BAKU, Azerbaijan-- Azerbaijan's President Ilham Aliev has criticized a consortium led by BP PLC for a slump in production at the Caspian Sea nation's main oil field. A spokesperson for BP Azerbaijan said the company is working together with Azerbaijan's state oil company to address production issues.
Mississippi: Down 3,393, no reason given. Michigan: Down 2,639, no reason given. Florida: Down 1,972, due to fewer layoffs in agriculture, construction, and wholesale trade.
MADISON, Wis.-- Overall attendance and revenue is up at the Wisconsin Historical Society's 11 sites and museums in the state. Cheryl Sullivan, administrator of the society's Division of Museums and Historic Sites, said they were pleased given the economy and that July was the hottest month on record.
NEW YORK-- One piece of good news on jobs was enough Thursday on Wall Street. That one piece of good news was enough to help traders forget about a drumbeat of worrisome developments, like a widening U.S. trade deficit, higher unemployment in Greece and a ratings cut for Spain. `.
NEW YORK-- Safeway Inc. said Thursday that its profit margin slipped in the third quarter as it spent money on launching a new customer loyalty program, an investment the supermarket operator said should drive sales going forward. The sale of Safeway's Genuardi's chain helped offset the declines and pushed the company's net income up 21 percent.
WASHINGTON-- Average U.S. rates on fixed mortgages ticked up from record lows last week. Cheaper mortgages are fueling a modest housing recovery that could help the broader economy. Mortgage buyer Freddie Mac said Thursday that the rate on the 30- year loan increased to 3.39 percent from 3.36 percent.
PORTLAND, Maine-- Amtrak as well as its Downeaster passenger service between Maine and Boston have set new ridership records. Records were also set in other regions of the country, including New England.
NEW ORLEANS-- The New Orleans Film Festival opens Thursday with a red carpet showing of the Louisiana- shot thriller "The Paperboy."
ATLANTA-- The Georgia Department of Labor is teaming up with business and community leaders in two northwest Georgia counties to try to help job seekers get matched up with employers looking to fill vacant positions.
RABAT, Morocco-- The Standard& Poor's rating agency on Thursday revised Morocco's outlook downward to negative from stable because of Europe's financial crisis, a high deficit and lagging reforms. Morocco sought help from the International Monetary Fund in August, winning a $6.2 billion precautionary credit line.
TRENTON, N.J.-- New Jersey lawmakers are considering bills that would allow the use of portable betting devices at horse racing tracks, and allow lottery winners to remain anonymous for a year. A state Senate committee is due to consider a measure allowing betting on wireless devices at race tracks.
WIDER TRADE GAP: The U.S. trade deficit widened to $44.2 billion in August, up 4.1 percent from July and the biggest gap since May, as exports fell to the lowest level in six months. THE DETAILS: Exports dropped 1 percent to $181.3 billion, according to the Commerce Department.
DES MOINES, Iowa-- The U.S. Department of Agriculture on Thursday slightly lowered its projection for the nation's corn crop for a fourth straight month, reflecting worse-than-expected news about the actual impact of this year's withering drought from the farmers busy harvesting their fields.
CORPUS CHRISTI, Texas-- Convenience store chain Susser Holdings Corp. anticipates that a key revenue trend rose more slowly in its recently ended third quarter. Susser, which runs about 550 Stripes shops in Texas, New Mexico and Oklahoma, has opened 15 stores this year, expect to open 11 in the last three months of the year and has plans for 28 to 35 next year.
PLEASANTON, Calif.-- Heart device maker Thoratec on Thursday said it promoted Taylor C. Harris to chief financial officer. Thoratec, based in Pleasanton, Calif., makes HeartMate pumps, which are used in patients who are waiting for a heart transplant or for those who are too sick to have heart transplant surgery.
NEW YORK-- Stocks are opening higher after better-than-expected job numbers. The Labor Department says applications for unemployment benefits fell last week to 339,000. That's the lowest in more than four years. On Wall Street, the Dow Jones industrial average is up 62 points just after the opening bell at 13,406. That's after three days of declines.
Celgene edged higher before markets opened Thursday, a day after the drug developer's stock slid on the release of a report in Europe regarding its cancer treatment Revlimid. Celgene recorded $934 million in revenue from Revlimid in the second quarter, a 17 percent increase compared to last year, driven in part by market share gains and a geographic expansion.