Jim Sarni, managing principal at Payden & Rygel, says the second-quarter gross domestic product (GDP) suggests that things are clearly improving in the U.S., paving the way for a Fed rate hike.» Read More
SINGAPORE, Oct 3- Brent crude futures slipped towards $111 per barrel on Wednesday, hurt by persistent concerns over global growth and oil demand, while Europe's festering debt crisis added to uncertainty.
"This matter requires more attention," Jeremy Waterman, head of the U.S. Chamber of Commerce's China division, told a U.S. government panel led by the U.S.
CHARLESTON, W.Va.-- State regulators in West Virginia have ordered Argus Energy to repair a water treatment system at a Lincoln County mine site after a blackwater spill killed fish. The Department of Environmental Protection said Wednesday that the fish kill was discovered Tuesday along about a quarter-mile of Copley Trace Branch.
SAN FRANCISCO, Oct 3- Hewlett-Packard o ffered a 2013 earnings outlook on Thursday that underscored slow progress on CEO Meg Whitman's turnaround plan and decelerating technology spending worldwide, sending its shares to a nine-year low.
BISMARCK, N.D.-- Taxable sales and purchases in North Dakota during April, May and June grew nearly 42 percent compared to the second quarter of last year, to more than $6.4 billion. Tax Commissioner Cory Fong says the economic growth is spread across nearly all major industry sectors.
The full-size Ram pickup truck, revamped for 2013, still has its Hemi V-8. But a new and impressively powered V-6, with best-in-class fuel economy plus towing might, is getting all the attention. The new, 3.6- liter, double overhead cam V-6 is naturally aspirated and mated to a first-ever-in-a-full-size-pickup-truck eight-speed automatic transmission.
*ADP payrolls report slightly stronger than forecast. NEW YORK, Oct 3- U.S. "There's rate-locking and traders are adding to steepening exposure," said Tom di Galoma, managing director at Navigate Advisors LLC in Stamford, Connecticut. "
ROME, Oct 3- Iran's tumbling rial currency will face more heavy pressure as the United States and its allies enforce sanctions over Tehran's nuclear programme, a senior U.S. official said on Wednesday. Cohen's comments, on a five-day visit to Europe, came as riot police clashed with demonstrators protesting in Tehran against the fall in the currency.
FORT WORTH, Texas-- American Airlines says a jet returned to Dallas-Fort Worth International Airport shortly after takeoff because of a cockpit indicator that showed a problem with the landing gear. Airline spokesman James Faulkner said Tuesday that the landing gear was still working and the plane made a safe landing.
NEW YORK, Oct 3- Hedge fund manager Daniel Loeb built a major position in distressed Greek government bonds in September, according to a monthly report he sent to his investors. Loeb's nearly $5 billion Third Point Offshore Fund gained 3.4 percent last month, helped by its position in Greek debt, said the Sept. 30 dated note which was reviewed by Reuters.
Both Stanley and Crawford joined the firm as senior vice presidents of wealth management, leading the Palmetto Advisory Group, which also includes advisers Linda Fraser, Geoffery Forsyth and Carolee McKeown and private client assistant Henry Batts.
Japan Petroleum Exploration Co Ltd climbed 4.4 percent to 3,350 yen, a five-month high, after Kyodo news agency said the company had found shale oil in Akita prefecture in northern Japan, making it the first company to begin extraction of shale domestically. **TOYOTA, HONDA RISE AFTER STRONG SEPT SALES in U.S.
NEW YORK-- Luxfer Holdings PLC's U.S. shares jumped in their first hours of trading Wednesday on the New York Stock Exchange. The initial public stock offering of the chemicals and metals maker, which is based in the U.K., priced 8 million shares at $10 each. The company had predicted that shares would price higher, from $12 to $14 each.
MIDDLETOWN, R.I.-- Satellite communications company KVH Industries Inc. said Wednesday that it has appointed Peter Rendall as its new chief financial officer. Rendall worked most recently as consulting chief financial officer at information technology recruiting firm JobSmart Partners.
NEW YORK, Oct 3- U.S. companies added more jobs than expected in September, while activity in the vast services sector picked up, suggesting the economy remained on track for modest growth.
COLUMBIA, S.C.-- An automotive company that specializes in plastic parts says it will build a plant in South Carolina's Greenville County that employs nearly 120 workers. The state Commerce Department said Wednesday that South Carolina Plastics LLC will spend $12 million to build a plant in Fountain Inn.
BECKER, Minn.-- Xcel Energy Inc. says it will cost as much as $200 million to repair the damage from a catastrophic turbine failure at Minnesota's largest power plant last November. Sherco plant director Ron Brevig says Xcel still hasn't determined exactly why turbine broke up, sending debris and metal flying and sparking a fire.
SYRACUSE, N.Y.-- The Post-Standard of Syracuse says it will lay off 115 full- and part-time employees as it moves ahead with plans to combine print and online operations to form two new companies early next year.
NEW YORK, Oct 3- Hewlett-Packard Co:.
NEW YORK-- Shares of homebuilders climbed on Wednesday as recent data continues to point to signs that the housing market is making a sustained comeback. Sales of new homes remained near a two-year high in August, the government said last week.