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Top News & Analysis New York City

  • Oct 10- Fitch Ratings has today affirmed Barclays Bank plc's Long-term Issuer Default Rating at' A' with a Stable Outlook and Short-term IDR at' F1'. The agency has also affirmed the ratings of Barclays Bank's parent, Barclays plc.

  • NEW YORK-- Downbeat reports from Alcoa and Chevron at the start of corporate earnings season pulled stock indexes lower for a third straight day Wednesday. Alcoa, the aluminum producer, beat Wall Street's earnings estimates on Tuesday night but said it expects a slowdown in China to weaken demand for aluminum.

  • NEW YORK, Oct 10- VOXX International Corp:.

  • NEW YORK, Oct 10- Flagstar Bancorp Inc had to know by 2009 that hundreds of loans it originated didn't meet underwriting guidelines when it sold $900 million in mortgage-backed securities to investors, a lawyer for a bond insurer said on Wednesday.

  • A small Coke bottler in Minnesota says it's stopping production of the bottles, which customers could return to get back a 20- cent deposit. The company in Winona, Minn., had been refilling the returnable bottles since 1932 but said it no longer makes business sense to continue doing so.

  • BOSTON, Oct 10- Octavian Advisors, a roughly $1 billion hedge fund firm specializing in distressed investments, told investors it plans to liquidate at a time it is nursing double-digit losses.

  • NEW YORK, Oct 10- PrivateBancorp Inc:. *Shares off 5 percent after the bell on stock offering, tarp repayment plan. ( (New York Treasury Desk; Tel: 223 6300)).

  • NEW YORK, Oct 10- The shares of wireless service provider MetroPCS closed down 4 about percent on Wednesday after a source said Sprint Nextel Corp is still weighing whether to make a counter bid for the company.

  • NEW YORK-- FedEx Corp., the world's second-largest package delivery company, on Wednesday detailed its plan to boost profit by $1.7 billion annually by shedding jobs, aircraft and underused assets. FedEx aims to reach that goal within three years through cost cuts and efficiency improvements.

  • NEW YORK, Oct 10- Experimental Alzheimer's drugs from Roche Holding AG and Eli Lilly& Co have been selected for a high-profile clinical trial to test whether it is possible to prevent the brain-wasting disease from developing in at-risk patients.

  • NEW YORK, Oct 10- Front-month U.S. natural gas futures ended higher on Wednesday for a third straight day, with chilly U.S. weather this week stirring demand, but milder Northeast and Midwest weather forecasts for next week helped limit the upside.

  • NEW YORK, Oct 10- Since the release of director Paul Thomas Anderson's new movie, "The Master", talk by filmgoers and critics alike has spanned its link to Scientology, themes of control and its Oscar hopes.

  • NEW YORK, Oct 10- Last week, New York Attorney General Eric Schneiderman, who is the co-chairman of the Residential Mortgage-Backed Securities Working Group- which President Obama formed earlier this year to investigate who was responsible for the misconduct that led to the financial crisis- filed a complaint against JPMorgan Chase.

  • Oct 10- Activist investor Clinton Group said it will no longer push for the sale of women's clothing retailer Wet Seal Inc after winning control of the board last week, but will instead focus on turning the company around.

  • NEW YORK-- The Dow Jones industrial average is finishing sharply lower after downbeat reports from two stocks in the average, Alcoa and Chevron. Alcoa, the aluminum company, beat Wall Street earnings estimates on Tuesday night but cut its demand expectation for the year, mostly because of a slowdown in China.

  • By Richard Leong and Luciana Lopez. While traders had sold off earlier in the day to prepare for the $21 billion sale of 10- year notes, part of this week's $66 billion in coupon-bearing offerings, Treasuries retraced that lost ground after the auction.

  • NEW YORK, Oct 10- The S&P 500 fell for a fourth day on Wednesday, weighed down by disappointing news from Chevron and Alcoa as earnings season got under way. Based on the latest available data, the Dow Jones industrial average slid 128.56 points, or 0.95 percent, to end unofficially at 13,344.97.

  • NEW YORK, Oct 10- Ruby Tuesday Inc:.

  • NEW YORK-- DRINK UP: A small Coke bottler in Minnesota says it will no longer make the 6.5- ounce returnable, glass bottles it had been making since 1932.. The Coca-Cola Co. notes that its 8- ounce recyclable glass bottles are nearly identical and still widely available.

  • NEW YORK-- The fall TV season has claimed its first victim: the CBS series "Made in Jersey." CBS announced Wednesday the legal drama had been pulled from the Friday lineup after just two airings. The network, which is part of CBS Corp., is replacing it with the fourth season of the reality series "Undercover Boss," starting Nov. 2.