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Top News & Analysis New York City

  • Oct 4- The U.S. Food and Drug Administration said it has cracked down on thousands of online pharmacies for selling potentially unsafe, unapproved or fake medicines, including the erectile dysfunction drug Viagra and antiviral Tamiflu.

  • NEW YORK-- Shares of Given Imaging Ltd. rose Thursday, after the Israeli maker of pill-sized diagnostic cameras said it acquired a U.S.-based gastrointestinal diagnostics company.

  • NEW YORK, Oct 4- U.S. crude futures rose 4 percent on Thursday as inflamed tensions between Turkey and Syria, a weaker dollar and refinery fires pulled crude oil prices higher.

  • Oct 4- Li& Fung Ltd, a global supplier of apparel, is in advanced talks to buy Synergies Worldwide, a small, New York- based supplier, a source familiar with the matter said on Thursday. The move would help Hong Kong- based Li& Fung gain a better foothold in the fast fashion and discount clothing space.

  • NEW YORK, Oct 4- The heyday of Beatlemania may have been nearly 50 years ago, but the Beatles and their music remain loved, scrutinized and relevant to an adoring public forever clamoring for more details of the Fab Four. Editors of Life magazine compiled the photos into the book recently released by Time Home Entertainment Inc..

  • Brent November crude was up $4.01 at $112.18 a barrel at 2:22 p.m. EDT, having traded from $108.02 to $112.36.

  • HMS Holdings Corp.' s shares plunged Thursday after the healthcare benefits coordinator lowered its guidance. The company now expects to earn 55 to 60 cents per share for the year, down from its prior forecast of 58 to 64 cents per share. It dropped its annual revenue forecast to $480 million to $490 million, from a prior range of $500 million to $515 million.

  • "Saturday Night Live," Jimmy Fallon, Piers Morgan, the "Today" show and "Good Morning America" all asked for appearances from the "Sesame Street" character on Thursday after he was unexpectedly thrust into the presidential campaign by Mitt Romney.

  • Federal Reserve policy meeting, after inflamed Middle East tensions had helped push prices up more than $3. Brent crude was up $3.50 at $111.67 a barrel at 2:11 p.m. EDT, having reached $112. U.S. crude was up $3.22 at $91.36, having reached $91.76.

  • NEW YORK-- Shares of NuVasive Inc. lost about a third of their value Thursday after the spinal device maker said its third-quarter revenue will come up short of its previous estimates. THE SPARK: After the market closed Wednesday, NuVasive said it expects about $147 million in revenue in the third quarter.

  • NEW YORK, Oct 4- Thirty-year Treasuries bonds fell a full point in price on Thursday after minutes from the Federal Reserve's September policy meeting showed that Fed members were broadly in agreement that additional stimulus was needed to boost the fragile economic recovery.

  • *Publisher can choose not to participate in Google's Library Project. Google and the Association of American Publishers said on Thursday that U.S. publishers can choose to make available or choose to remove their books and journals digitized by Google for its Library Project.

  • NEW YORK, Oct 4- Wells Fargo& Co has transferred Jim Hays, a veteran wealth management executive who had run its large brokerage network, to oversee a smaller group of brokers at the bank's branches.

  • Macy's revenue at stores open at least a year rose 2.5 percent in September, while analysts expected a gain of 3.3 percent. Shares of Macy's rose 34 cents to $39.83. Kohl's Corp.' s revenue at stores open at least a year fell 2.7 percent in September, a bigger drop than Wall Street expected, hurt by lower demand for accessories and women's clothing.

  • --LCM XII L.P./ LCM XII LLC's note issuance is a cash flow CLO securitization of a revolving pool consisting primarily of broadly syndicated senior secured loans. --We assigned our ratings to class X and class A through E notes.

  • By Chris Reese and Kirsten Donovan. NEW YORK/ LONDON, Oct 4- The amount of seasonally adjusted U.S. commercial paper contracted for a fifth consecutive week in the week ended Oct. 3, Federal Reserve data showed on Thursday. U.S. seasonally adjusted commercial paper outstanding fell $15 billion to $975.1 billion in the latest week.

  • Tensions between Syria and Turkey gave oil prices their biggest jump in two months Thursday, while refinery outages boosted wholesale gasoline prices. Oil settled at $91.71 per barrel, up by $3.57, or 4 percent, on the New York Mercantile Exchange. Oil prices rose after Turkey's military fired on targets in Syria for the second day.

  • NEW YORK-- The Public Theater unveiled its four-year, $40 million face-lift on Monday with some Shakespeare, some hippies and some veteran stage stars including Vanessa Redgrave, Liev Schreiber and Mandy Patinkin.

  • *Sprint may wait until after T-Mobile USA/ MetroPCS deal-sources. *Sprint already balked at buying MetroPCS- sources* Sprint shares off 4 pct, MetroPCS shares down 2.1 pct.

  • WASHINGTON, Oct 4- The number of Americans filing new claims for unemployment benefits rose only slightly last week after a big drop the week before, a hopeful sign the job market is still on the mend.