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  • Sector Snap: Diagnostic test makers Tuesday, 2 Oct 2012 | 3:51 PM ET

    NEW YORK-- Analysts for Cowen and Co. started coverage of a group of companies that make tests used to diagnose infectious diseases, assigning top ratings to companies including Cepheid, Hologic Inc., and Meridian Bioscience Inc..

  • SHR extends Quicken Loans as Ryan Newman's sponsor Tuesday, 2 Oct 2012 | 3:51 PM ET

    KANNAPOLIS, N.C.-- Stewart-Haas Racing announced some much-needed sponsorship Tuesday when Quicken Loans said it will double its commitment to Ryan Newman. Quicken Loans, a new sponsor in NASCAR this year and the primary backer for nine races with Newman, will return for 18 races next year.

  • Judge tosses BP fuel dealers' brand-name claims Tuesday, 2 Oct 2012 | 3:51 PM ET

    NEW ORLEANS-- A federal judge on Tuesday dismissed claims by BP fuel stations and convenience stores that the 2010 oil spill in the Gulf of Mexico diminished the value of the oil giant's brand and cost them business.

  • Soybean prices fall as supplies hit marketplace Tuesday, 2 Oct 2012 | 3:45 PM ET

    November soybeans fell 29.75 cents to finish Tuesday at $15.305 per bushel. Sterling Smith, a Citi futures specialist, said exports sales have been slower this week because markets in China are closed for public holidays. Corn for December delivery rose 1.5 cents to end at $7.5825 per bushel and December wheat dropped 12.75 cents to $8.715 per bushel.

  • NHL defines preseason losses as lockout continues Tuesday, 2 Oct 2012 | 3:41 PM ET

    NEW YORK-- The financial losses are starting to pile up as a result of the NHL lockout. In speaking to reporters after talks finished up for the day between the NHL and the NHLPA, Deputy Commissioner Bill Daly estimated that the league has lost $100 million in revenues from the canceled preseason.

  • Analyst downgrades Starwood on slow global economy Tuesday, 2 Oct 2012 | 3:41 PM ET

    NEW YORK-- An analyst cut his rating on shares of Starwood Hotels& Resorts Worldwide Inc. on Tuesday because of the weaker global economy. Raymond James' William Crow lowered his rating to "Outperform" from "Strong Buy" for the operator of the Sheraton, Westin, W and St.

  • *Atlantic 10 basketball agrees to new TV deals Tuesday, 2 Oct 2012 | 3:40 PM ET
  • Wade: No longer wearing Jordan Brand shoes Tuesday, 2 Oct 2012 | 3:39 PM ET

    MIAMI-- Dwyane Wade will not be wearing Jordan Brand sneakers and apparel. Wade said his time with Converse and Jordan has been an "unbelievable nine years." Wade made the switch from Converse to Jordan Brand in 2009. Both are owned by Nike Inc..

  • Delta Sept. revenue less than expected Tuesday, 2 Oct 2012 | 3:35 PM ET

    ATLANTA-- A drop in last-minute travelers in September hurt a key revenue measurement for Delta Air Lines Inc., the company said on Tuesday, although its fuel bill came in lower than expected, too. Per-seat passenger revenue rose 0.5 percent in September. Delta had previously said it expected an increase of 1 percent to 3 percent.

  • Ryan: More jobs yield more taxpayers Tuesday, 2 Oct 2012 | 3:35 PM ET

    CLINTON, Iowa-- Republican vice presidential nominee Paul Ryan said Tuesday that he and running mate Mitt Romney would help more Americans find jobs so that they can pay taxes. At a rally on the front lawn of a county courthouse, the Wisconsin Republican faced a question from a voter about why so many people don't pay federal income taxes.

  • Biden blasts Romney tax plans during stop in NC Tuesday, 2 Oct 2012 | 3:33 PM ET

    CHARLOTTE, N.C.-- Vice President Joe Biden on Tuesday criticized Republican presidential candidate Mitt Romney for proposing policies that Biden says would cut taxes for millionaires and raise them for middle-class families.

  • Free coffins: political swag for Honduran poor Tuesday, 2 Oct 2012 | 3:32 PM ET

    TEGUCIGALPA, Honduras-- In some countries political campaigns give out bumper stickers and yard signs. In Honduras, one of Latin America's poorest countries and also its most dangerous, candidates dole out another kind of political swag: coffins for the destitute.

  • September Auto Sales: Honda Tuesday, 2 Oct 2012 | 3:25 PM ET

    TORRANCE, Calif.-- Honda said Tuesday its September U.S. sales jumped 31 percent, boosted by strong demand for its Acura luxury vehicles. BY THE NUMBERS: Honda sold a total of 117,211 vehicles last month, up from 89,532 in the same month last year. TOP SELLER: Sales of the Accord sedan rose 57 percent to 29,182 from 18,639 in September 2011.

  • Sector Snap: Homebuilders shares mostly up Tuesday, 2 Oct 2012 | 3:18 PM ET

    CoreLogic, a private real estate data provider, said U.S. home prices rose 4.6 percent in August from a year ago, the largest year-over-year increase in more than six years. Prices are rising in most parts of the country, CoreLogic said. _ PulteGroup Inc., up 18 cents, or 1.2 percent, to $15.49.

  • Montana minimum wage up to $7.80 next year Tuesday, 2 Oct 2012 | 3:15 PM ET

    HELENA, Mont.-- The state Labor Department says Montana's minimum wage will increase by 15 cents an hour to $7.80 beginning on Jan. 1. Labor Commissioner Keith Kelly said Tuesday the cost of living rose by 1.7 percent from August 2011 to August 2012, leading to the increase in minimum wage.

  • La. lawmakers agree to regulations for tax breaks Tuesday, 2 Oct 2012 | 3:14 PM ET

    BATON ROUGE, La.-- Louisiana lawmakers agreed Tuesday to regulations that will govern a package of new business tax breaks pushed by Gov. Louisiana's economic development secretary will be able to offer three tax incentives to businesses considering whether to relocate or expand here.

  • North County Times lays off one-third of staff Tuesday, 2 Oct 2012 | 3:13 PM ET

    ESCONDIDO, Calif.-- The North County Times reports that it is laying off one-third of its staff, including 24 in the newsroom. Hotelier Doug Manchester bought the North County Times for $12 million from Lee Enterprises Inc., less than a year after buying U-T San Diego.

  • September Auto Sales: Toyota Tuesday, 2 Oct 2012 | 3:13 PM ET

    TORRANCE, Calif.-- Toyota Motor Sales U.S.A. Inc. said that U.S. sales jumped 41.5 percent in September from a year ago, as sales jumped for vehicles including its Corolla and Camry sedans, as well as Prius cars and Tacoma pickup trucks. BY THE NUMBERS: The Japanese automaker sold a total of 171,910 vehicles last month, compared to 121,451 in September 2011.

  • Computer maker Lenovo to bring 115 jobs to NC Tuesday, 2 Oct 2012 | 3:12 PM ET

    GREENSBORO, N.C.-- Electronics maker Lenovo will start making computers at its warehouse near Greensboro, N.C.. Lenovo is a Chinese company with a headquarters in Morrisville. In the past two years, Lenovo has opened plants in China, Brazil and the United States.

  • Heating oil prices going up in Maine Tuesday, 2 Oct 2012 | 3:11 PM ET

    AUGUSTA, Maine-- Heating oil prices are going up in Maine. The lowest prices were in southern Maine, and the highest were in northern Maine. Maine energy officials say heating oil prices are tracking the rising price of crude oil, which has escalated over the summer months.

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