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Top News & Analysis United States

  • NEW YORK, Oct 5- The U.S. unemployment rate dropped to a near four-year low of 7.8 percent in September, a potential boost to President Barack Obama's re-election bid. OMER ESINER, CHIEF MARKET ANALYST, COMMONWEALTH FOREIGN EXCHANGE. "The headline of the day is clearly the drop in the unemployment rate, which was a big surprise.

  • NEW YORK, Oct 5- U.S. Treasuries prices fell on Friday after the government reported the U.S. unemployment rate fell more than expected in September. The U.S. Labor Department said 114,000 jobs were added to nonfarm payrolls in September, almost matching the Reuters consensus estimate of 113,000..

  • **ZYNGA INC, Thursday close $2.81, down 22.4 pct premarket. Brokerages lowered their price targets on Zynga's stock by up to $3 per share after the social-games maker slashed its 2012 outlook for the second time due to a decline in paying customers. Facebook, which derives over a tenth of its revenue from fees paid by Zynga, was also set to open lower as was Groupon.

  • NEW YORK-- U.S. stock futures are rising after a government report showed the U.S. unemployment rate fell below 8 percent for the first time in four years and the economy gained 114,000 jobs in September. The Labor Department said the unemployment rate declined to 7.8 percent, matching its level in January 2009 when President Barack Obama took office.

  • NEW YORK, Oct 5- Brent and U.S. crude futures pared losses on Friday, with Brent turning higher, in choppy trading after a report on September U.S. nonfarm payrolls showed more jobs added than expected. Brent crude was unchanged at $112.58 a barrel by 8:38 a.m. EDT, having traded from $111.48 to $113.05.

  • NEW YORK, Oct 5- The U.S. unemployment rate dropped to a near four-year low of 7.8 percent in September, a potential boost to President Barack Obama's re-election bid. LANE NEWMAN, DIRECTOR OF FOREIGN EXCHANGE TRADING, ING CAPITAL MARKETS, NEW YORK. PETER JANKOVSKIS, CO-CHIEF INVESTMENT OFFICER, OAKBROOK INVESTMENTS, LISLE, ILLINOIS.

  • NEW YORK, Oct 5- The U.S. unemployment rate dropped to a near four-year low of 7.8 percent in September, a potential boost to President Barack Obama's re-election bid. PETER JANKOVSKIS, CO-CHIEF INVESTMENT OFFICER, OAKBROOK INVESTMENTS, LISLE, ILLINOIS.

  • NEW YORK, Oct 5- The U.S. unemployment rate dropped to a near four-year low of 7.8 percent in September, a potential boost to President Barack Obama's re-election bid. It is good for risk but not good for the dollar and it will favor other North American currencies, such as Canada and Mexico. SEAN INCREMONA, ECONOMIST, 4 CAST LTD, NEW YORK:.

  • NEW YORK, Oct 5- U.S. stocks were set to rise on Friday after a report showed the U.S. economy added more jobs than expected last month and the unemployment rate dropped to a near four-year low in another indication that the labor market continues to recover.

  • NEW YORK, Oct 5- The U.S. unemployment rate dropped to a near four-year low of 7.8 percent in September, a potential boost to President Barack Obama's re-election bid. STORY: TABLE GRAPHIC: COMMENTS: SEAN INCREMONA, ECONOMIST, 4 CAST LTD, NEW YORK:. ROBBERT VAN BATENBURG, HEAD OF GLOBAL RESEARCH, LOUIS CAPITAL MARKETS, NEW YORK.

  • Oct 5- Avon Products Inc said on Friday that Executive Chairman Andrea Jung, who was replaced as chief executive officer in April, will step down from the board at the end of 2012..

  • NEW YORK, Oct 5- The U.S. unemployment rate dropped to a near four-year low of 7.8 percent in September, a potential boost to President Barack Obama's re-election bid. ROBBERT VAN BATENBURG, HEAD OF GLOBAL RESEARCH, LOUIS CAPITAL MARKETS, NEW YORK. DAVID MANN, SENIOR CURRENCY STRATEGIST, STANDARD CHARTERED, NEW YORK.

  • *Report is second last before Nov. 6 elections. WASHINGTON, Oct 5- The U.S. unemployment rate dropped to a near four-year low of 7.8 percent in September, a potential boost to President Barack Obama's re-election bid.

  • WASHINGTON-- The U.S. unemployment rate fell to 7.8 percent last month, dropping below 8 percent for the first time in nearly four years and giving President Barack Obama a potential boost with the election a month away. The Labor Department said employers added 114,000 jobs in September.

  • Oct 5- U.S. Labor Department seasonally adjusted jobs data. In 1,000 s, Change Sept Aug July in Nonfarm Payrolls 114 142 96 181 141 Jobless Rate 7.8 8.1 8.1 8.3 8.3. Earnings, Hours of All Private, Non-Farm workers:.

  • FOOTHILL RANCH, Calif.-- In a win for The Clinton Group, the chairman of Wet Seal and three other directors have stepped down from its board, replaced by four nominees of the activist investor group unhappy with the struggling teen retailer's performance. Wet Seal Inc., based in Foothill Ranch, Calif., and The Clinton Group have been in a proxy fight.

  • Oct 5- The brokerage unit and a European unit of the former Lehman Brothers Holdings Inc said Friday they have agreed in principle to resolve litigation over $38 billion of claims, a step toward allowing customers and creditors some of their money. Lehman Brothers Inc and Lehman Brothers International announced the agreement in a joint statement.

  • *WHEN: Friday, Oct 5 at 8:30 a.m./ 1230 GMT. TORONTO, Sept 28- Canada is likely to have added a modest 10,000 new jobs in September, backpedaling from gains in August that far surpassed market expectations and better reflecting the sluggish pace of the country's economic growth.

  • *Turkey- Syria violence stokes supply concern. LONDON, Oct 5- Oil slid to around $112 per barrel on Friday as investors awaited data that is expected to show U.S. unemployment is on the rise, reinforcing concern that a fragile global economic recovery is still under threat. Brent futures fell more than $1 a barrel and by 1156 GMT were trading at $112.10, down 48 cents.

  • Oct 5- Clothing retailer Wet Seal Inc replaced four of its board members with Clinton Group nominees, ending months of attempts by the activist investor to take control of the board. Under the new team, Wet Seal has been trying to return to a fast-fashion model by maintaining light inventories to respond faster to new styles and trends.