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Top News & Analysis New York

  • LONDON/ NEW YORK, Oct 10- Dutch bank Rabobank. is weighing three offers for its asset management arm Robeco as it has to choose between bids to split the 2 billion euro plus business or keep it whole, people familiar with the situation said.

  • RICHMOND, Va.-- The large-scale development of wind power off the Mid-Atlantic coast would create more than 70,000 jobs from New York to Virginia, an industry-sponsored study concludes. The study was conducted for the Atlantic Wind Connection and released during the American Wind Energy Association's annual conference in Virginia Beach.

  • *Alcoa beats expectations but cautions of slowdown. *Yum Brands defies China sluggish growth, raises outlook. NEW YORK, Oct 10- U.S. stocks were set for a slightly lower open on Wednesday as earnings season started with a warning from Alcoa about slower aluminum consumption, underscoring concerns about sluggish worldwide growth.

  • *Fed to sell $7 billion to $8 billion in short-dated debt. Treasuries prices fell on Wednesday as traders reduced their bond holdings to make room for $21 billon in 10- year note supply, part of this week's $66 billion in coupon-bearing offerings.

  • NEW YORK-- Led Zeppelin will not be reuniting any time soon. Just the mere mention of the topic set lead singer Robert Plant off at their news conference for the bands upcoming concert film, "Celebration Day."

  • NEW YORK, Oct 10- Helen of Troy Ltd:.

  • NEW YORK, Oct 10- U.S. natural gas futures were trading near flat early on Wednesday, with some follow-through buying after Tuesday's modest rally underpinning prices despite milder Northeast and Midwest weather forecasts for next week that should slow demand.

  • ALBANY, N.Y.-- New York's 16 medical schools say they have enrolled 2,230 new students this fall, including the second class at Hofstra North Shore's program with 60 students culled from more than 5,000 applicants. Associated Medical Schools of New York, representing all 16 schools, says graduation rates in many of the four-year programs stand at 98 or 99 percent.

  • NEW YORK-- Safeway Inc. may give investors a glimpse of how the supermarket chain's new loyalty program for shoppers is impacting sales when it reports its third-quarter results Friday.

  • LONDON, Oct 10- Brent crude oil held above $114 a barrel and close to a three-week high on Wednesday as worries over the security of Middle East supplies outweighed increasing evidence of slowing global economic growth.

  • Oct 10- Toys R Us Inc said it will open toy departments in 24 Macy's Inc stores this holiday season as the world's largest specialty toy retailer looks to reach more shoppers in the biggest selling season of the year.

  • NEW YORK, Oct 10- OCZ Technology Group Inc:.

  • NEW YORK-- Shares of Cummins Inc. tumbled ahead of Wednesday's market opening after the engine maker cut its revenue guidance for the year and announced plans to eliminate up to 1,500 jobs. The Columbus, Ind. company said late Tuesday that it now expects its 2012 revenue to total about $17 billion, down from its previous prediction of $18 billion.

  • *BC Partners, EQT, Providence, Discovery showed interest. STOCKHOLM/ FRANKFURT, Oct 10- ProSiebenSat1. Private equity firms BC Partners, EQT, Providence Equity Partners and network Discovery Communications have shown interest for the assets, according to two people, who declined to be identified as they are not authorised to speak to media.

  • NEW YORK-- Investors are driving up shares of FedEx Corp. after the world's second-largest package delivery company promised to boost profits by shedding jobs, aircraft and underused assets. FedEx plans to boost profit by $1.7 billion within three years. Express is where FedEx got its start in 1971, and is still the company's biggest segment by far.

  • NEW YORK, Oct 10- H& R Block Inc:.

  • Stocks are under pressure due to a forecast from the International Monetary Fund on Tuesday, which said that the global economy continues to weaken and that the recession in Europe could extend to developing nations. Shares of Alcoa are lower Wednesday after the aluminum maker cut its demand expectations for the year, largely because of a slowdown in China.

  • October 10- Following are terms and conditions. of a bond priced on Wednesday.

  • *Alcoa beats expectations but cautions of slowdown. NEW YORK, Oct 10- U.S. stock index futures edged lower on Wednesday after Alcoa kicked off earnings season by warning of a slight slowdown in some markets, highlighting concerns about sluggish global growth, even as its quarterly results beat expectations. Alcoa shares lost 0.7 percent to $9.07 in.

  • NEW YORK, Oct 10- Cummins Inc:.