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Top News & Analysis United States

  • **SAREPTA THERAPEUTICS INC, $40.19, up 168 pct. **BIOLASE INC, $2.11, up 27 pct. The company said health regulators in Europe and the United States approved its laser device for use in soft tissue surgery, teeth whitening, and pain therapy.

  • The price of oil is plunging on more evidence of slower growth in China. China says its services sector slowed in September but still is growing. China is a huge importer of commodities like oil so slower growth there could cut into demand for oil.

  • WASHINGTON, Oct 3- Colder U.S. weather should increase demand for natural gas this winter, placing slight upward pressure on prices, an industry trade group said on Wednesday.

  • The latest expansion in global output was heavily reliant on the United States, where economic activity rose at the fastest pace since March, JPMorgan said. Britain, Brazil, Russia and Ireland also saw output increase. The index combines survey data from countries including the United States, Japan, Germany, France, Britain, China and Russia.

  • LOS ANGELES-- Over the last 50 years, the owners of the James Bond movie franchise have had heart-stopping crises as thrilling as the ones that face their fictional secret agent. "Cubby used to say, `This is the goose that laid the golden egg, keep it safe,'" said Broccoli's youngest daughter, Barbara, now the series' co-producer, in a phone interview from London. "

  • SOUTH SAN FRANCISCO, Calif.-- Drug developer Rigel Pharmaceuticals Inc. said it priced its public offering of 13.7 million shares of its common stock at $9.50 per share. The South San Francisco, Calif.- based company said it expects the offering's gross proceeds to total about $130 million, before deducting underwriting discounts, commissions, and other expenses.

  • *To transfer sales staff from South Europe to South America. AARHUS, Denmark, Oct 3- Ailing Danish wind turbine manufacturer Vestas said on Wednesday it is stopping all non-profitable projects as it battles worsening prospects by slashing costs and jobs to lift medium-term operating margins to high single digit levels.

  • NEW YORK, Oct 3- U.S. crude futures fell $3 on Wednesday as weak economic data from China and Europe countered any support from a government report of falling crude stockpiles and stronger-than-expected figures for the U.S. services and private employment sectors.

  • VERO BEACH, Fla.-- Shares of Javelin Mortgage Investment Corp. fell slightly in their Wednesday debut on the New York Stock Exchange. It is also selling 250,000 shares to the company's chairman, Daniel Staton, and board member Marc Bell for the same price, raising another $5 million. Shares shed 29 cents, or 1.5 percent, to $19.71 in morning trading.

  • The Natural Gas Supply Association said Wednesday in its annual winter outlook that natural gas prices, which averaged $2.75 per thousand cubic feet between November and March last season, may trend slightly upward for this heating season. Natural gas futures traded at $3.42 in New York Wednesday morning.

  • CHICAGO-- A federal judge has sentenced a former Chicago Mercantile Exchange trader to three years in prison for his part in a fraud scheme that cost investors $2.3 million. A Chicago judge sentenced 54- year-old Mark Adrian of Delray Beach, Fla., on Tuesday.

  • NASHVILLE, Tenn.-- The Department of Justice says the country's recession has resulted in an unprecedented rise in investment fraud schemes, and it is holding a regional summit in Nashville on the topic.

  • Following are details of the JPMorgan Global Purchasing All-Industry Output Index for September. GLOBAL SERVICES PMI PMI Jobs Orders Inp Prc Backlogs Aug 52.0 51.4 50.8 58.3 49.0 Sept 54.0 49.6 52.8 59.7 47.1 GLOBAL COMPOSITE PMI PMI Orders Jobs Inp Prc Aug 50.9 49.8 50.9 56.2 Sept 52.5 51.6 49.9 58.0.

  • TORONTO, Oct 3- Canada's main stock index was little changed on Wednesday, as signs the global economic slowdown may be worsening was offset by better-than-expected U.S. data and hopes that Spain will eventually request financial aid. U.S. crude dropped more than $2, hit by weak data from Europe and China. lost 0.7 percent to C $32.71 and Cenovus Energy.

  • CHARLESTON, W.Va.-- Fall has brought falling gas prices to West Virginia. AAA East Central says the average price for a gallon of regular, unleaded gasoline dropped 4.8 cents over the past week to $3.82. Prices range from about $3.73 in Parkersburg to more than $3.95 in Martinsburg.

  • WASHINGTON, Oct 3- Boston- based dark pool operator eBX LLC on Wednesday agreed to pay an $800,000 penalty to settle civil charges that it had failed to protect its subscribers' confidential trading information.

  • NEW YORK-- The nation's crude oil supplies declined last week, the government said Wednesday. Crude supplies dropped by 500,000 barrels, or 0.1 percent, to 364.7 million barrels, which is 8.4 percent above year-ago levels, the Energy Department's Energy Information Administration said in its weekly report.

  • COLUMBUS, Ohio-- The casino set to open Monday in Ohio's capital is testing its operations with an invitation-only demonstration day. The $400 million Hollywood Casino Columbus says proceeds from Wednesday's games will go to five local nonprofit organizations.

  • NEW YORK, Oct 3- U.S. crude oil stocks declined unexpectedly last week and distillate inventories fell more steeply than forecast, government data showed on Wednesday. Domestic stocks of crude dropped by 482,000 barrels in the week to Sept. 28, the Energy Information Administration reported, despite an increase in imports.

  • RICHMOND, Va.-- Virginia wheat and barley production is down this year, while oat production is up. The Virginia Department of Agriculture and Consumer Services reports that wheat producers averaged 65 bushels per acre this year, down from last year's yield of 71 bushels an acre.