Travelers in the Asia-Pacific region are expected to spend $216-billion next year, according to a new eMarketer report. » Read More
--AdvancePierre Foods is refinancing its existing debt and paying a special dividend to its shareholders. Rating Action On Oct. 1, 2012, Standard& Poor's Ratings Services affirmed its' B' corporate credit rating on Cincinnati, Ohio- based AdvancePierre Foods Inc. The rating outlook is stable.
DALLAS-- The federal government is examining two separate incidents in which passenger seats came loose midflight on American Airlines planes in the last three days. On Saturday, a flight from Boston to Miami made an emergency landing in New York after three passenger seats came loose shortly after takeoff.
NEW YORK, Oct 1- Hedge fund manager Mick McGuire is betting on an eventual housing recovery by owning stakes in an aerospace and defense company, a sugar farming conglomerate and a land developer. While investments in GenCorp, Alexander& Baldwin.
HOUSTON, Oct 1- Entergy Corp and ITC Holdings Corp took another step to advance Entergy's $1.78 billion plan to spin off its electric transmission business, late last week.
Oct 1- Zimmer Holdings Inc said it received a warning letter from the U.S. Food and Drug Administration citing problems with manufacturing and testing processes for artificial hip devices made at the company's Ponce, Puerto Rico, plant.
NEW YORK-- Epoch Holding Corp. said Monday that its board approved an increase of 25 percent, or 2 cents, in its quarterly dividend, to 10 cents per share. Shares of the company closed up 20 cents at $23.30. Over the past year the stock has traded between $12.42 and $27.87.
DETROIT, Oct 1- Fisker Automotive, maker of the Karma plug-in hybrid, has held discussions with potential strategic partners as the automaker looks to cut costs and raise money to build its second hybrid model, the Atlantic.
NEW YORK, Oct 1- Steven Cohen's $14 billion hedge fund SAC Capital Advisors has put long- t ime portfolio manager Michael Steinberg on leave after hi s name emerged in the government's sweeping investigation into insider trading, ac co rding to a person familiar with the matter.
LOS ANGELES, Oct 1- Some 30 people were injured on Monday when a big rig truck collided with Amtrak train in central California, derailing the train, authorities said.
NEW YORK, Oct 1- Country music star Kenny Rogers offers a revealing look into his life and five-decade-long musical career in "Luck or Something Like It," his memoir that will be released on Tuesday.
*CAW is only Air Canada union not yet backing pension deal* Says expects government to respond to concerns by Friday OTTAWA, Oct 1- The most vocal union at Air Canada. The Canadian Auto Workers Airline Local 2002, which represents 3,800 employees, said it expects Air Canada to respond to its concerns by Friday.
TORONTO, Oct 1- Canada's main stock index rose moderately on Monday, after touching a one-week high, as optimism over better-than-expected U.S. data was tempered by signs of economic weakness in Asia and evidence of a new recession in the euro zone. Federal Reserve and the European Central Bank.
NEW YORK, Oct 1- Cotton prices ended higher on Monday on technical buying after testing the 70- cent mark, with traders expecting renewed pressure ahead of the U.S. harvest. It found support at 70 cents, "said John Flanagan, an analyst at Flanagan Trading Corp in North Carolina. New York cotton for December delivery.
LIONVILLE, Pa.-- West Pharmaceutical Services Inc. said Monday that its board declared a quarterly dividend of 19 cents per share, up 5.6 percent from its prior payout of 18 cents. The dividend is payable Nov. 7 to shareholders of record Oct 24. Shares of West Pharmaceutical ended trading up $1.03 at $54.10.
NEW YORK-- Threshold Pharmaceuticals Inc. reported positive early-stage data for its drug TH-302 as a treatment for brain cancer, but the company's stock continued to slump in Monday trading.
*FDA chief calls for help from private industry. FDA chief Margaret Hamburg predicted on Monday that her agency "very soon" will issue new regulations needed to enforce the Food Safety Modernization Act, a sweeping piece of legislation enacted to upgrade the security of the U.S. food supply after a deadly salmonella outbreak in 2009..
Stocks gave up their earlier rally to end mixed on the first day of the fourth quarter, with the Nasdaq closing in negative territory, but a better-than-expected manufacturing report helped limit losses.
LINCOLN, Neb.-- Nebraska's corn and soybean harvests are about half done and well ahead of normal, but the drought's effects are apparent. The U.S. Department of Agriculture issued its weekly update on Nebraska's crops Monday. The USDA says 48 percent of the soybean crop has been harvested, but farmers are having some difficulty with dry pods and green stems.
LAHORE, Pakistan, Oct 2- Twenty-three years of military service come in handy when Masood Haider gets a call from a suspicious spouse. "What was taken as taboo 20 to 25 years ago is no more taken that way," said Haider, 53, a former army pilot who founded FactFinders, Pakistan's first licensed private detective agency.
CHARLESTON, South Carolina, Oct 1- Boeing Co. Chief Executive Officer Jim McNerney said on Monday he expects contract talks with the company's 23,000 unionized engineers to result in a "successful resolution over the next few weeks."