NATIONAL TRANSPORTATION SAFETY BOARD TEAM IS EN ROUTE AND ACCOMPANIED BY TECHNICAL ADVISERS FROM BOEING AND U.S.» Read More
The opening price valued the shares at about 22 times forecast 2014 sales, nearly double that multiple at social media rivals Facebook Inc and LinkedIn Corp..
Nov 7- AT&T Inc will pay $3.5 million to settle federal charges that it had overbilled a U.S. government fund meant to help customers with hearing and speech impairments, an activity that officials said enabled people in Nigeria and other countries to pursue credit card fraud.
*Corn firms after hitting lowest since August 2010. *Wheat mixed: CBOT firm; KCBT, MGEX contracts weaken. Wheat futures were mixed, with Chicago Board of Trade soft red winter wheat following corn but Kansas City Board of Trade hard red winter wheat and MGEX spring wheat contracts pressured by abundant supplies.
*Brent oil slides to 4- month low at $103.52 a barrel. NEW YORK, Nov 7- Stronger-than-expected U.S. economic growth, coupled with a surprise interest rate cut by the European Central Bank, pushed the dollar up and crude oil prices down on Thursday.
*Qualcomm falls after results, outlook. The broader market was hurt after weak earnings from Whole Foods and Qualcomm and lackluster economic figures, including the first read on U.S. third-quarter gross domestic product that was elevated by inventory accumulation.
*Spain in talks with Asian airlines over Madrid flights. *Deals would help Aena sale and boost tourism to Spain. LONDON, Nov 7- Spain is in talks with Asian airlines to bring more flights to Madrid's underused Barajas airport ahead of the planned privatisation of debt-laden airport operator Aena, its industry minister told Reuters.
MOSCOW, Nov 7- Russian broadcaster CTC Media plans to expand its online presence in a bid to tap a surge spending on internet advertising and offset slowing growth in the TV ad market, it said on Thursday.
Nov 7- Costco Wholesale Corp and Victoria's Secret parent L Brands Inc were among the major U.S. retailers to report same-store sales gains for October, but many chains expressed caution heading into the holiday season.
*U.S. wants first step from Iran to curb nuclear activity. *Iran says deal possible, but talks will be very difficult. GENEVA, Nov 7- Iran and six world powers are making progress in negotiations aimed at ending a decade-long stand-off over its nuclear ambitions but the discussions are "tough", Tehran's foreign minister said on Thursday.
Nov 7- Twitter Inc stock soared 92 percent in their first day of trading on Thursday on the New York Stock Exchange as investors snapped up shares in the microblogging site, pushing its market value to a heady $25 billion.
WASHINGTON, Nov 7- The Pentagon's chief arms buyer on Thursday emphasized the need for more accountability on weapons programs as the U.S. military struggles to end years of cost overruns and delays on projects such as the Lockheed Martin Corp F-35 fighter jet.
HOUSTON, Nov 7- U.S. oil and gas company EOG Resources Inc said on Thursday it expects to increase capital spending next year if crude prices stay near current levels and put more money into targeting wells in Texas and North Dakota.
Oct 10- Click on the attached link for a table that compares U.S. retailers' reported October same-store sales with analysts' estimates published by Thomson Reuters.
NEW YORK, Nov 7- Prices for U.S. Treasuries rose on Thursday on a surprise rate cut by the European Central Bank as well as underlying worries about U.S. economic growth.
*ECB cuts main rate to new record low of 0.25 percent. FRANKFURT, Nov 7- The European Central Bank cut interest rates to a record low on Thursday and said it could take them lower still to prevent the euro zone's recovery from stalling as inflation tumbles.
Nov 7- Auto parts maker Visteon Corp raised its full-year earnings forecast after third-quarter profit nearly tripled due to cost cutting and higher sales of climate control systems. Visteon and peers BorgWarner Inc and Lear Corp are benefiting from strong vehicles sales in the United States.
Federal Reserve Vice Chair Janet Yellen will likely secure sufficient votes to be confirmed as the next head of the central bank, according to one of her harshest critics in the Senate who sits on the banking panel that will vet her for the job.
LUANDA, Nov 7- Angola will speed up oil exploration by licensing new blocks- up to 15 every other year- and testing new offshore wells in an area similar to where Brazil has struck new riches across the Atlantic.
CALGARY, Alberta, Nov 7- Canadian Natural Resources Ltd, the country's top independent oil producer, said on Thursday third-quarter profit more than tripled as a result of record quarterly production and strong oil prices.
*Third-quarter net profit $0.80 vs est $0.86. Nov 7- Cable TV network AMC Networks Inc's third-quarter results missed Wall Street estimates as it spends more on programming to replace marquee shows such as "Breaking Bad".