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  • *NBC cancels 'Animal Practice' Friday, 19 Oct 2012 | 8:13 AM ET
  • FDA: Fungus in tainted steroids and patients match Friday, 19 Oct 2012 | 8:11 AM ET

    NEW YORK-- The fungus found in tainted steroid shots matches the one behind the national meningitis outbreak that has killed 20 people, federal health officials said Thursday.

  • Ahead of the Bell: Chipotle sees slower growth Friday, 19 Oct 2012 | 8:10 AM ET

    Its shares, which dipped below $40 in late 2008 as the financial crisis intensified, peaked this April at $442.40 as the burrito chain posted double-digit increases in revenue year after year. But Chipotle Mexican Grill Inc. on Thursday forecast that revenue growth in stores open at least a year would be flat to a low-single-digit percentage gain next year.

  • Ahead of the Bell: Shares of Athenahealth slide Friday, 19 Oct 2012 | 8:00 AM ET

    The Watertown, Mass., company said Thursday after markets closed that its net income for the three months that ended Sept. 30 climbed to $6.2 million, or 17 cents per share, from $5.3 million, or 15 cents per share, in last year's quarter.

  • US futures fall after tech giants rattle market Friday, 19 Oct 2012 | 7:55 AM ET

    Google surprised investors twice Thursday, releasing earnings hours before they were expected, and putting up awful revenue numbers. After the worst sell-off in shares since September 2008, Google shares were flat in premarket trading Friday. The National Association of Realtors posts existing home sales figures at 10 a.m. Eastern.

  • Ill. Amtrak train set to hit 110 mph in test run Friday, 19 Oct 2012 | 7:54 AM ET

    CHICAGO-- In a modest milestone for President Barack Obama's high-speed rail vision, test runs will start zooming along a small section of the Amtrak line between Chicago and St. Louis at 110 mph Friday. Transportation Secretary Ray LaHood and Illinois Gov.

  • *BBC jamming coming from Syria: satellite company Friday, 19 Oct 2012 | 7:53 AM ET
  • STORY REMOVED: BC-EU--Italy-Berlusconi Friday, 19 Oct 2012 | 7:53 AM ET

    MILAN-- The Associated Press has withdrawn its story about Italy's Silvio Berlusconi in a Milan court today. Background in the story erroneously stated that former Egyptian President Hosni Mubarak was dead. Another Italy-Berlusconi story will be filed.

  • In court, Berlusconi denies sex with Moroccan teen Friday, 19 Oct 2012 | 7:26 AM ET

    MILAN-- Silvio Berlusconi made a rare court appearance Friday to deny some of the more salacious accusations at the center of a sex scandal in Italy that has muddied his reputation. Berlusconi's declaration was spontaneous, a practice that Italy allows defendants and which does not have the weight of testimony.

  • *MeadWestvaco buying India's Ruby Macons Friday, 19 Oct 2012 | 7:03 AM ET
  • GE earnings rise 49 pct in 3Q; revenue up 3 pct. Friday, 19 Oct 2012 | 6:58 AM ET

    NEW YORK-- GE's net income rose 49 percent in the third quarter to $3.49 billion as its recovery from the 2008 financial crisis continues. When adjusted to remove the effect of restructuring costs and a gain from the sale of NBC, the company posted earnings of 36 cents per share, which is what financial analysts expected, on average, according to FactSet.

  • Baker Hughes 3Q net income drops, revenue falls Friday, 19 Oct 2012 | 6:58 AM ET

    HOUSTON-- Weak activity in North America and the falling number of operating rigs in the worldwide drove third-quarter net income down by 61 percent at Baker Hughes. "Activity was less than planned in several key geomarkets for Baker Hughes, resulting in an unfavorable mix," said CEO Martin Craighead. "

  • Ahead of the Bell: September US Home Sales Friday, 19 Oct 2012 | 6:37 AM ET

    WASHINGTON-- Sales of previously occupied U.S. homes likely slipped last month from a two-year high reached in August, the latest sign that the recovery in housing is slow and uneven. The National Association of Realtors will release the report at 10 a.m. Eastern time Friday.

  • UK fines Bank of Scotland for faulty mortgage data Friday, 19 Oct 2012 | 6:28 AM ET

    LONDON-- Britain's financial regulator has imposed a fine of 4.2 million pounds on a unit of Lloyds Banking Group for having inaccurate mortgage records for 250,000 customers.

  • Euro banking deal fails to impress markets Friday, 19 Oct 2012 | 6:10 AM ET

    Microsoft also disappointed with its latest update, contributing to a broad retreat in technology stocks, as did McDonald's and General Electric. By the time markets closed in Europe, Germany's DAX was down 0.8 percent at 7,380 while the CAC-40 in France fell 0.9 percent to 3,504. The FTSE 100 index of leading British shares was 0.3 percent lower at 5,896..

  • Starbucks opens first India store in Mumbai Friday, 19 Oct 2012 | 6:09 AM ET

    MUMBAI, India-- Starbucks inaugurated its first store in India Friday in a historic building in southern Mumbai as the Seattle- based coffee giant seeks growth in a market long associated with tea drinkers. After over six years of studying the local market, Starbucks is making a rapid-fire entry into Asia's third-largest economy.

  • Starbucks opens first India outlet in Mumbai Friday, 19 Oct 2012 | 6:00 AM ET

    MUMBAI, India-- Starbucks has opened its first store in India in an historic building in south Mumbai as the Seattle- based coffee giant seeks growth in a market long associated with tea drinkers. Chief executive Howard Schultz says India, along with China, are "at the core" of the company's growth strategy.

  • Sony to close factory, cut workforce by 2,000 Friday, 19 Oct 2012 | 5:40 AM ET

    TOKYO-- Sony Corp. says it plans to close a factory in central Japan, tweaking its restructuring plan by cutting 2,000 jobs from its workforce in moves expected to save it $385 million. Sony said Friday that those functions would be transferred to other factories.

  • Oil down slightly ahead of EU summit conclusion Friday, 19 Oct 2012 | 5:17 AM ET

    BANGKOK-- Oil prices fell slightly Friday as traders awaited the end of a two-day European Union summit on shoring up the region's stricken banks. Benchmark crude for November delivery was down 12 cents to $91.98 a barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange.

  • World stocks lower ahead of EU summit conclusion Friday, 19 Oct 2012 | 5:09 AM ET

    Britain's FTSE 100 lost 0.1 percent to 5,910.04 in early trading. Microsoft said net income fell a worse-than-expected 22 percent to $4.47 billion in the fiscal first quarter, which ended Sept. 30. BB&T bank, Philip Morris International and Boston Scientific also reported results that fell short of forecasts.