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  • Avon Products chairman to step down Friday, 5 Oct 2012 | 9:03 AM ET

    NEW YORK-- Beauty products seller Avon Products said Friday that its chairman and former CEO Andrea Jung will step down at the end of the year, ending her 18- year tenure at the company. She was replaced as CEO by Johnson& Johnson executive Sherilyn S. McCoy in April but retained her chairman title.

  • Ahead of the Bell: Mercury Computer shares sink Friday, 5 Oct 2012 | 9:02 AM ET

    NEW YORK-- Shares of Mercury Computer Systems Inc. sank 17 percent before the opening bell Friday as analysts cut their expectations for future profits after the defense contractor cut its outlook for its most recent quarter.

  • Study: Free birth control leads to fewer abortions Friday, 5 Oct 2012 | 9:01 AM ET

    The project tracked more than 9,000 women in St. Louis, many of them poor or uninsured. Jeffrey Peipert of Washington University in St. Louis in a study published Thursday.

  • Areva's bid to build Czech reactors rejected Friday, 5 Oct 2012 | 9:01 AM ET

    PRAGUE-- Czech state-run power utility CEZ says it has rejected a bid by France's state-owned nuclear engineering giant Areva SA to build two more nuclear reactors at the Temelin nuclear plant. CEZ says Areva's bid has not met necessary criteria to run for the contract, estimated to be worth more than $10 billion.

  • *Nielsen: 67M viewers for 1st presidential debate Friday, 5 Oct 2012 | 8:57 AM ET
  • Oil fluctuates after US jobs report Friday, 5 Oct 2012 | 8:56 AM ET

    The Labor Department said employers added 114,000 jobs in August. Benchmark oil is now down 44 cents to $91.27 per barrel in electronic trading in New York. A four percent jump on Thursday followed a 4 percent decline on Wednesday as traders assess the strength of global oil demand while watching development surrounding Syria in the Middle East.

  • US stock futures rise as jobs report shows gains Friday, 5 Oct 2012 | 8:45 AM ET

    NEW YORK-- U.S. stock futures are rising after a government report showed the U.S. unemployment rate fell below 8 percent for the first time in four years and the economy gained 114,000 jobs in September. The Labor Department said the unemployment rate declined to 7.8 percent, matching its level in January 2009 when President Barack Obama took office.

  • Poland's health care marches for job security Friday, 5 Oct 2012 | 8:40 AM ET

    WARSAW, Poland-- Thousands of health care workers are marching in Warsaw to demand higher pay and protest government plans to privatize parts of the health care system. Nurses from Belgium, France, Greece and other European Union nations also joined the Friday rally.

  • US jobless rate falls to 7.8 pct., 44-month low Friday, 5 Oct 2012 | 8:30 AM ET

    WASHINGTON-- The U.S. unemployment rate fell to 7.8 percent last month, dropping below 8 percent for the first time in nearly four years and giving President Barack Obama a potential boost with the election a month away. The Labor Department said employers added 114,000 jobs in September.

  • Wet Seal chairman, 3 board members step down Friday, 5 Oct 2012 | 8:29 AM ET

    FOOTHILL RANCH, Calif.-- In a win for The Clinton Group, the chairman of Wet Seal and three other directors have stepped down from its board, replaced by four nominees of the activist investor group unhappy with the struggling teen retailer's performance. Wet Seal Inc., based in Foothill Ranch, Calif., and The Clinton Group have been in a proxy fight.

  • *Curtiss-Wright cuts 3Q, full-year profit forecasts Friday, 5 Oct 2012 | 8:22 AM ET
  • Mitsubishi Motors, Mazda report China sales plunge Friday, 5 Oct 2012 | 7:33 AM ET

    TOKYO-- Mitsubishi Motor and Mazda have reported a plunge in China auto sales for September when tensions between Japan and China escalated into anti-Japanese riots. Mitsubishi Motors Corp. said Friday its China sales dived 63 percent to 2,340 vehicles in September from 6,307 a year earlier.

  • Stock futures up a bit as market awaits job report Friday, 5 Oct 2012 | 7:20 AM ET

    NEW YORK-- U.S. stock futures are rising modestly ahead of key U.S. jobs figures that will provide insight into the world's largest economy with just over a month to go before the U.S. presidential election. Dow futures are up 20 points to 13,518. The broader S&P 500 futures are up 2 points to 1,457. Nasdaq futures are up 6 points to 2,828..

  • Lionsgate promotes Goldsmith to co-COO Friday, 5 Oct 2012 | 7:03 AM ET

    SANTA MONICA, Calif.-- Lionsgate has promoted Brian Goldsmith to co-chief operating officer. He will serve as co-COO with Steve Beeks and will report to CEO Jon Feltheimer. Lions Gate Entertainment Corp. has headquarters in Santa Monica, California, but is based in Vancouver, British Columbia.

  • Ahead of the Bell: Zynga Friday, 5 Oct 2012 | 6:50 AM ET

    NEW YORK-- Shares of Zynga tumbled in premarket trading on Friday as the online game maker said that it expects a third-quarter loss due to weak demand for some of its titles. Zynga Inc. anticipates a third-quarter loss of 12 to 14 cents per share. Brian Pitz of Jefferies lowered Zynga's price target to $2.50 from $3 and maintained a "Hold" rating.

  • Olive Garden revamps for the modern family Friday, 5 Oct 2012 | 6:40 AM ET

    NEW YORK-- Olive Garden is tossing out its famous "When You're Here, You're Family" slogan to cater to a more modern lifestyle. It was a very stereotypical Italian family dinner, "said Jay Spenchian, executive vice president of marketing at Olive Garden.

  • German orders down 1.3 percent in August Friday, 5 Oct 2012 | 6:04 AM ET

    BERLIN-- Government data show that industrial orders in Germany, Europe's biggest economy, were down 1.3 percent in August compared with the previous month _ a decline led by slacker demand at home. The Economy Ministry said Friday that the drop followed a slight 0.3 percent gain in July.

  • Markets await key US jobs figures Friday, 5 Oct 2012 | 5:51 AM ET

    In Europe, the FTSE 100 index of leading British shares was up 0.3 percent at 5,846 while Germany's DAX rose 0.5 percent to 7,342. The CAC-40 in France was 0.7 percent higher at 3,427.. The price of oil was steady after advancing in the wake of concerns of rising tensions between Turkey and Syria _ the benchmark New York rate was 74 cents lower at $90.95 a barrel.

  • Germany's Merkel to visit Greece next week Friday, 5 Oct 2012 | 5:41 AM ET

    BERLIN-- German Chancellor Angela Merkel will travel to Greece next week for the first time since the debt crisis erupted to meet the country's prime minister _ who warned Friday that Athens will run out of money at the end of November if it doesn't receive the next part of its bailout loans.

  • SAfrica: Body of striking platinum miner found Friday, 5 Oct 2012 | 5:11 AM ET

    JOHANNESBURG-- A strike leader says the body of a mineworker was found near an Anglo American Platinum mine in Rustenburg. Mary Jane Morifi, a spokeswoman for Anglo American Platinum, the world's top producer or platinum, declined to comment, saying a statement would be issued later Friday.