Sept 3- Campbell Soup Co said on Thursday that its quarterly profit slightly topped expectations on higher gross margin as the company cut costs amid a consumer shift to less-processed foods. The maker of Pepperidge Farm cookies and Goldfish crackers said in July that it is targeting $250 million in cost savings annually by the close of fiscal 2018. It has also...» Read More
Kythera Biopharmaceuticals shares are trading above their offering price in their first day listed on the Nasdaq Stock Market. The stock jumped 81 cents, or 4.4 percent, to $19.30 in late morning trading, and earlier traded as high as $20.59.
Oil prices rose Thursday as tension between Turkey and Syria raised concerns that crude oil supplies from the Middle East could be disrupted. On Thursday, Turkey claimed that it forced a Syrian passenger plane to land because it was carrying banned cargo from Russia.
The secular High Court in Malaysia's southern Seremban town rejected a bid by four Muslim transsexuals who were born male to declare the Shariah law unconstitutional. The law is enforced in Shariah religious courts against Muslims, who comprise nearly two-thirds of Malaysia's 29 million people.
RICHMOND, Va.-- The parents of two Virginia Tech students who successfully sued the state for the deaths of their daughters in a 2007 campus massacre now want to hold the university's president accountable for failing to alert students and faculty of the first shootings on campus.
LITTLE FALLS, N.J.-- Cantel Medical Corp. said Thursday its net income more than doubled in the fiscal fourth quarter, helped by a tax benefit and stronger results from its endoscopy and water filtration units. Cantel, which anti-infection equipment for hospitals, said it earned $9.6 million, or 35 cents per share, in the three months ended July 31.
The court earlier ordered the seizure of the Argentine tall sailing ship at Tema harbor following judgments against Argentina issued by the United States District Court and supported by similar court rulings in the United Kingdom. Justice Richard Agyei-Frimpong said Thursday that Argentina had not shown why the injunction on the ship should be set aside.
NEW YORK-- Shares of coal mining companies surged Thursday and Dahlman Rose& Co. predicted that demand may be on the rise from steel manufacturers in China.
NEW YORK-- The nation's crude oil supplies increased last week, the government said Wednesday. Crude supplies grew by 1.7 million barrels, or 0.5 percent, to 366.4 million barrels, which is 8.5 percent above year-ago levels, the Energy Department's Energy Information Administration said in its weekly report.
HONG KONG-- Hong Kong authorities said one woman has died and three others have been hospitalized after undergoing a beauty treatment involving blood transfusions. Hong Kong's Hospital Authority said a 46- year-old woman died Wednesday of septic shock after receiving the treatment at a beauty clinic.
STOCKHOLM-- Chinese writer Mo Yan won the Nobel Prize in literature on Thursday, a cause of pride for a government that had disowned the only previous Chinese winner of the award, an exiled critic. The Swedish Academy, which selects the winners of the prestigious award, praised Mo's "hallucinatory realism" saying it "merges folk tales, history and the contemporary."
TORONTO-- The Canadian government announced Thursday it is extending its review period for the proposed $15.1 billion takeover of Nexen Inc. by Chinese state-owned CNOOC as it needed more time to conduct a "thorough" review of the deal _ China's biggest overseas energy acquisition.
BEIJING-- Cases of people being forcibly evicted from their homes and land have risen significantly in China, becoming the single greatest source of public discontent and a serious threat to the country's social and political stability, Amnesty International said Thursday. Forced demolitions have long been a way of life in China.
JOHANNESBURG-- Striking miners killed one man by setting him on fire Thursday while another was fatally shot, apparently by police, in rekindled labor unrest in South Africa that saw police firing tear gas and rubber bullets. The violence near an Anglo American Platinum mine has escalated since the company dismissed 12,000 striking miners on Friday.
SIOUX FALLS, S.D.-- To all the girls and boys, makin' all that noise: Alice Cooper has found you some new toys. The heavy metal icon was in South Dakota on Wednesday to help kick-off a 6,000- square-foot rock `n' roll academy for local Boys& Girls Club members.
MIAMI-- A third victim of a massive parking garage collapse at a Miami college died Thursday morning, just hours after rescuers pulled him from beneath piles of twisted steel and crumbled concrete, police said. Samuel Perez, 53, had been trapped in the collapse Wednesday at Miami Dade College.
The agency reported Thursday it expects Kansas growers to harvest 82.5 million bushels of soybeans. The estimate for corn production in Kansas of 382.2 million bushels remains unchanged from last month.
The USDA now estimates that farmers will harvest 10.71 billion bushels of corn, down from last month's estimate of 10.73 billion bushels. The USDA said 69 percent of the nation's corn crop has been brought in from the fields as of Monday, more than double the average rate of the previous five years.