Top News & Analysis Pennsylvania

  • Oct 26- U.S. electric companies from Maine to Florida were bracing for heavy wind, rain and flooding that could take down power lines and threaten to close some East Coast nuclear plants early next week when Hurricane Sandy comes ashore.

  • *Wall St little changed in volatile session; Apple trades flat. Although data showed a pick-up in U.S. economic growth in the third quarter, gloomy earnings and outlook statements from major global companies such as Apple and Amazon, South Korea's Samsung and Renault and Ericsson in Europe corroded hopes of a recovery in the global economy.

  • The Federal Deposit Insurance Corp. seized NOVA Bank, based in Berwyn, Pa.. The FDIC said it was unable to find a financial institution to take over the failed bank's operations, so it will retain NOVA's assets for later disposition. The lender is the second FDIC- insured institution in Pennsylvania to fail this year.

  • Oct 26- U.S. electric companies from Maine to Florida were bracing for heavy wind, rain and flooding that could take down power lines and threaten to close some East Coast nuclear plants early next week when Hurricane Sandy comes ashore.

  • NEW YORK, Oct 26- U.S. stocks edged lower on Friday, as investors fretted about Apple's weaker-than-expected results- the latest in a string of lackluster earnings- and signs that economic growth is still not strong enough to make a significant reduction in unemployment. Apple's stock lost 1.4 percent to $601.18.

  • PITTSBURGH-- United States Steel Corp.' s third-quarter results Tuesday should shed some light on the appetite for steel in the sluggish global economy. WHAT TO WATCH FOR: The Pittsburgh manufacturer warned investors in late July that slower global growth could be a drag on third-quarter results.

  • LOS ANGELES-- Shares of business intelligence software maker Qlik Technologies Inc. fell 8 percent Friday, a day after the company reported third-quarter earnings and revenue that fell short of analysts' estimates.

  • The offers cover passengers flying in or out of just about any airport from Latin America to New Hampshire. The airlines have only canceled a handful of flights so far, nearly all of them in and out of Florida and the Caribbean. Hurricane Sandy killed at least 20 people in the Caribbean, and left Bahamas this afternoon.

  • *Wall St hit by earnings; Apple shares off more than 2 pct. Although data showed a pick-up in U.S. economic growth in the third quarter, gloomy earnings and outlook statements from major global companies such as Apple and Amazon, South Korea's Samsung and Renault and Ericsson in Europe corroded hopes of a recovery in the global economy.

  • *Dow off 0.3 pct, S&P 500 off 0.5 pct, Nasdaq off 0.6 pct. NEW YORK, Oct 26- U.S. stocks fell on Friday, as investors fretted about Apple's weaker-than-expected results- the latest in a string of lackluster earnings- and signs that economic growth is still not strong enough to make a significant reduction in unemployment.

  • HARRISBURG, Pa.-- The Pennsylvania Public Utility Commission was ordered Friday by a state judge to stop reviewing or challenging municipal ordinances that affect natural gas drilling, the same day the agency admitted to miscalculating how much money some municipalities will receive from the booming drilling industry.

  • NEW YORK-- Shares of Mylan Inc. rose to their highest price in almost nine years on Friday after the drugmaker reported higher sales of its EpiPen allergy injection and raised its 2012 guidance. The company said it now expects to earn between $2.50 and $2.60 per share in 2012, about 15 cents per share more than it had expected.

  • TRENTON, N.J.-- One of the New Jersey's largest utility companies says residents should expect power outages of a week or more once the effects of Hurricane Sandy hit the state. A spokesman for Jersey Central Power and Light told a news conference Friday that people should take precautions now but prepare for the worst.

  • Meanwhile, workers in Ocean City, Md., filled sandbags, and Maryland Gov. "Delaware is smack dab in the crosshairs based on the current path projections," said Chip Guy, a spokesman for Sussex County, home to southern Delaware's beaches. Forecasters expect the hurricane to turn inland around Delaware, but said it could still hit as far north as New York.

  • Texas- based oilfield services company Baker Hughes Inc. reported Friday that 1,408 rigs were exploring for oil and 416 were searching for gas. Of the major oil- and gas-producing states, Texas dropped seven rigs and New Mexico fell by 5. Alaska and Oklahoma lost three apiece, and West Virginia was down by two.

  • NEW YORK-- The CEO of Comcast, the country's largest cable company, has expressed his condolences to the family of employee Kevin Krim, after two of his children were stabbed to death Thursday. On a Friday conference call about Comcast's quarterly finances, CEO Brian Roberts said the company "will do everything we can to support the family in their awful time."

  • The U.S. 6th Circuit Court of Appeals upheld a decision that businessman Ronald Stone no longer owed money to Randall Scott Waldman and attorney Bruce Atherton of Louisville. Stone's company owed Fifth Third Bank more than $1 million in 2003, a debt secured by mortgages and liens on the business and Stone's home.

  • WASHINGTON-- The Food and Drug Administration on Friday approved Teva Pharmaceutical's drug Synribo to treat patients with a type of blood and bone marrow cancer. An estimated 5,430 people will be diagnosed with the cancer this year, according to the National Institutes of Health.

  • *Hurricane Sandy threatens U.S. after slamming Cuba. LONDON, Oct 26- Oil fell on Friday to around $108 a barrel and was heading for its second weekly drop, pressured by expectations U.S. economic growth will not be strong enough to bolster the demand outlook and by Europe's debt crisis.

  • HARRISBURG, Pa.-- Utilities, road crews, and emergency management personnel throughout Pennsylvania are girding for a potentially damaging storm early next week.