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  • California foreclosure notices fall to 5-year low Wednesday, 17 Oct 2012 | 4:15 PM ET

    SAN DIEGO-- Home foreclosure activity in California fell to a new five-year low in the third quarter as rising prices eased pressure on homeowners and lenders, a research firm said Wednesday.

  • Feds: 1 arrested in plot to attack Federal Reserve Wednesday, 17 Oct 2012 | 4:14 PM ET

    NEW YORK-- A Bangladeshi man who came to the United States to wage jihad was arrested in an elaborate FBI sting on Wednesday after attempting to blow up a fake car bomb outside the Federal Reserve building in Manhattan, authorities said.

  • Stocks end mostly higher after housing starts jump Wednesday, 17 Oct 2012 | 4:08 PM ET

    A surprisingly strong housing report helped push stocks modestly higher, even as weak earnings reports from Intel and IBM weighed on the Dow Jones industrial average. IBM reported sales late Tuesday that dropped below Wall Street's expectations, while Intel warned that sales of personal computers will likely remain weak during the holiday season.

  • 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.

  • 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.

  • 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.

  • 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.