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  • U.S.-traded shares of Toyota Motor Corp. were slipped 22 cents to $76.85 although Japan's largest automaker said sales rose 42 percent. Honda Motor Co. sales rose 31 percent but its shares dropped a penny to $30.58. Nissan Motor Co. shares rose 11 cents to $16.84 although September sales declined by 1 percent.

  • BRUSSELS, Oct 2- Europe's nuclear reactors need investment of 10- 25 billion euros, a draft European Commission report said, following a safety review designed to ensure a disaster like Japan's Fukushima cannot happen.

  • NEW YORK-- ArQule Inc. stock lost more than half its value in Tuesday trading after the company said it stopped a clinical trial of its cancer drug tivantinib because the therapy was not improving survival in lung cancer patients.

  • By Robin Paxton and Mariya Gordeyeva ASTANA, Oct 2- U.S. oil major ConocoPhillips. Asked on Tuesday whether ConocoPhillips would sell its stake in the consortium, Kazakh Oil and Gas Minister Sauat Mynbayev told reporters: "They have informed that they have the intention of selling."

  • *New York sues JPMorgan over Bear Stearns mortgage products. *PetSmart to replace Sunoco in the S&P 500 index. If Madrid were to seek a rescue, it would trigger European Central Bank buying of its bonds and help to ease U.S. investors' nervousness about the euro zone's impact on the U.S. economy.

  • LONDON-- Hopes that the U.S. economy is past its recent soft patch combined with optimism over a Spanish bailout request to shore up financial markets Tuesday. The monthly manufacturing survey from the Institute for Supply Management on Monday pointed to an improvement.

  • NEW YORK, Oct 2- Bill Gross, founder and co-chief investment officer of bond giant PIMCO, said he sees the U.S. going the way of Greece if it does not get its fiscal house in order.

  • CoreLogic, a private real estate data provider, also said prices rose 0.3 percent in August from July, the sixth straight month of price gains. The CoreLogic report comes a day after the manufacturing survey from the Institute for Supply Management also pointed to an improvement.

  • *Signs two lease agreements in Japan development totaling 228,000 square feet.

  • The Nasdaq Composite Index added 14.98 points, or 0.48 percent, to 3,128.51. **ARQULE INC $2.14, down 57.73 pct The biotechnology company and Japan's Daiichi Sankyo Co Ltd. **SIRIUS XM RADIO INC, $2.62, up 2 pct.

  • S&P 500 futures rose 7.7 points, Dow Jones industrial average futures rose 23 points, and Nasdaq 100 futures. The biotechnology company and Japan's Daiichi Sankyo Co Ltd. CNBC Mad Money host Jim Cramer said the Internet company has "real value because it has some really terrific assets", and new Chief Executive Marissa Mayer is committed to unlocking its value.

  • *New York sues JPMorgan over Bear Stearns mortgage-backed securities. *Petsmart to replace Sunoco in the S&P 500. President Barack Obama earlier this year to go after wrongdoing that led to the financial crisis, the New York Attorney General filed a civil fraud lawsuit against JPMorgan Chase& Co.

  • PARIS, Oct 2- European stocks rose around midday on Tuesday, reversing early losses and led by peripheral markets on growing expectation of a near-term bailout request from Spain. Spain's IBEX stock index was up 1.4 percent, with Telefonica up 1.9 percent and Endesa up 2.3 percent, while its benchmark 10- year government bond yield.

  • *FTSE 100 up 0.3 percent. By 1049 GMT, the FTSE 100. The FTSE has fallen from its recent highs of around 5,914, which it hit after global central banks acted to stimulate the economy, as investors await the next development out of Spain.

  • *Uncertainty remains and markets could be volatile, as despite Spain's readiness to ask for financial help Germany has signaled that it should hold off, according to European officials on Monday.

  • SINGAPORE, Oct 2- Asia's fuel oil market continued to weaken on Tuesday, with the prompt inter-month spread easing to a six-week low on lacklustre demand at a time when more supply is emerging. The balance October/November inter-month spread eased 50 cents to a backwardation of $2.38 a tonne, lowest since Aug. 21, according to Reuters data.

  • SINGAPORE, Oct 2- The Asian naphtha price extended losses on Tuesday to reach a three-session low of $966 while margins snapped four sessions of gains and fell to $124.95 a tonne as squeezed petrochemical margins overshadowed the firm gasoline prices in the West.

  • By Robin Paxton ASTANA, Oct 2- U.S. oil company ConocoPhillips. Kazakh Oil and Gas Minister Sauat Mynbayev said that ConocoPhillips is ready to sell its 8.4 per cent stake in North Caspian Operating Company, the consortium developing Kashagan. "

  • Regis also announced in July that it is selling hair replacement services provider Hair Club for Men and Women to Japan's Aderans Co. for $163.5 million in cash. Aderans, based in Tokyo, offers hair replacement and restoration products and services.

  • LONDON-- Surprise good news from the U.S. continued to shore up financial markets Tuesday despite concerns about the economic outlook of both Greece and Spain. "The ISM rose above the critical 50 mark in a surprise move yesterday thus creating a jamboree of good sentiment," said Carolin Hecht, an analyst at Commerzbank.