Top News & Analysis Pennsylvania

  • *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.

  • *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.

  • PHILADELPHIA-- Cable giant Comcast Corp., the nation's largest provider of TV and high-speed Internet services, more than doubled its net income in the third quarter, helped by fewer cancelations of video service than expected and by breaking even on the expensive-to-produce London Olympics.

  • SINGAPORE, Oct 26- Brent futures fell more than $1 on Friday to slip below $108 a barrel, as investors waited for key U.S. economic data to gauge the demand growth outlook for oil, with rising supplies weighing on prices. Brent crude had slipped as low as $107.40 a barrel and traded at $107.67 by 0648 GMT. U.S. oil slipped 76 cents to $85.29, after ending up 32 cents.

  • SINGAPORE, Oct 26- Brent futures fell more than $1 to slip below $108 a barrel on Friday as investors waited for key U.S. economic data to gauge the demand growth outlook for oil with rising supplies weighing on prices. Brent crude had slipped $1.02 a barrel to $107.47 by 0527 GMT. U.S. oil slipped 90 cents to $85.15, after ending up 32 cents.

  • United Bank's parent company says it earned $19.3 million, or 38 cents per share, in the quarter ending Sept. 30. The 2012 results include an accrual of $3.3 million pertaining to a settlement of claims stemming from class actions against United Bank Inc. of West Virginia, and a noncash, pretax impairment charge of $2.3 million on investment securities.

  • NEW YORK, Oct 25- Most commodity markets posted slight losses on Thursday, led by a 2 percent slide in corn on weak U.S. export sales, though Brent crude oil prices bounced following seven days of losses as gasoline prices surged.

  • *Apple falls short of earnings expectations. Apple's earnings per share came in at $8.67, compared with Wall Street's estimate for $8.75 a share.

  • NEW YORK, Oct 25- Brent crude futures edged higher on Thursday after seven straight sessions of losses, as the threat of Hurricane Sandy to East Coast gasoline and heating oil supplies lifted markets.

  • *Apple falls short of earnings expectations. After the close of trading, Apple Inc, the most valuable public company in the United States, posted quarterly earnings that fell short of expectations. Apple's earnings per share came in at $8.67, compared with Wall Street's estimate for $8.75 a share.

  • *Dow up 0.2 pct, S&P 500 up 0.3 pct, Nasdaq up 0.2 pct. There were a few bright spots, such as Procter& Gamble, which rose 2.9 percent to $70.07 after reporting stronger-than-expected results. The broad S&P 500 has declined 3.6 percent over the previous five sessions.

  • PITTSBURGH-- Federated Investors Inc. said Thursday its third-quarter net income jumped as demand for stock investments remained brisk. Federated reported its net income rose to $55.8 million, or 54 cents per share, in the July-September quarter, up 46 percent from $38.3 million, or 37 cents per share, in the third quarter of 2011..

  • NEW YORK, Oct 25- Shares on major world markets edged up on mildly positive corporate earnings and economic data on Thursday, while the U.S. dollar rallied to a four-month high against the yen on expectations Bank of Japan will ease monetary policy next week. after the S&P500 index lost 3.6 percent in the past five days, but corporate results were not strong enough to inspire significant buying.

  • NEW YORK, Oct 25- Industrial machinery maker Gardner Denver Inc is exploring a sale and has drawn initial interest from several major private equity firms, according to people familiar with the matter, in a deal that would top $3 billion.

  • NEW YORK, Oct 25- Brent crude futures edged higher on Thursday after seven straight sessions of losses, as the threat of Hurricane Sandy to East Coast gasoline and heating oil supplies lifted markets.

  • *Dow up 0.1 pct, S&P 500 up 0.2 pct, Nasdaq up 0.2 pct. NEW YORK, Oct 25- Wall Street rose modestly on Thursday after the S&P 500' s worst five-day stretch since May, but economic figures and corporate results were not strong enough to inspire heavy buying.

  • WASHINGTON-- All the spare parts appear to be coming together to create what forecasters are calling "Frankenstorm," a monster combination of high wind, heavy rain, extreme tides and maybe snow that could cause havoc along the East Coast just before Halloween next week. Hurricane Sandy, having blown through Haiti and Cuba on Thursday, continues to barrel north.

  • People were arrested in five states Wednesday as part of a sweeping investigation aimed at bookmakers and money couriers connected to Internet and phone gambling, including men who prosecutors identified as owners of the online gambling site Pinnacle Sports.

  • PHILADELPHIA-- The U.S. Environmental Protection Agency said Sunoco Inc. is paying a $117,000 fine to settle alleged violations of hazardous waste storage regulations at one of its former plants in northeast Philadelphia. The EPA said it cited Sunoco for violating a federal law governing the storage and disposal of hazardous waste.

  • The Sherwin-Williams Co. and PPG Architectural Finishes Inc. agreed to settlements requiring them to stop claiming that certain kinds of their interior paints contain "zero" volatile organic compounds, the FTC said.