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Top News & Analysis United States

  • NEW YORK-- Fifth& Pacific Cos. cut its 2012 earnings guidance Monday, citing weak sales of Juicy Couture products. Fifth& Pacific cut its estimated 2012 EBITDA by $25 million and also forecast a weak third quarter.

  • *Leaks have caused crisis for Vatican. VATICAN CITY, Oct 2- Pope Benedict's former butler is to give evidence for the first time on Tuesday on the second day of his trial for stealing documents he hoped would expose corrupt dealings in the Vatican.

  • GREENWICH, Conn.-- Shares of Blyth Inc. rose more than 7 percent in after-hours trading Monday after the company said it agreed to defer the final closing of its purchase of ViSalus, in which it already owns a majority stake, until April 2014. Blyth first invested in ViSalus in August 2008, buying a 43.6 percent stake for $13 million.

  • NASHVILLE, Tenn.-- The security contractor at the Y-12 nuclear weapons plant in Tennessee was fired Monday after authorities said three protesters cut through fences and vandalized a building in an unprecedented break-in.

  • *SEC can't impose limits on HFT without consensus-official. *Retail investors looking for SEC to lead on HFT reform.

  • *China's factory activity shrinks for 2nd month in Sept. NEW YORK, Oct 1- Brent crude slipped on Monday as signs of economic weakness in Asia and a looming recession in the debt-saddled euro zone tempered more optimistic U.S. manufacturing data. Federal Reserve's latest quantitative easing and geopolitical tensions in the Middle East.

  • NEW YORK, Oct 1- Steven Cohen's $14 billion hedge fund, SAC Capital Advisors, has put long-time portfolio manager Michael Steinberg on leave after his name emerged in a sweeping government investigation into insider trading, according to a person familiar with the matter.

  • --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.

  • 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.