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Top News & Analysis United States

  • WASHINGTON, Oct 1- The U.S. Export-Import Bank on Monday said it has approved an $118 million direct loan to a Vietnamese state-owned company to buy a telecommunications satellite and other goods and services from Lockheed Martin.

  • WASHINGTON, Oct 1- The top U.S. derivatives regulator said on Monday that his agency aimed to complete rules dictating the amount of margin, or collateral, needed to back uncleared swaps trades by early next year.

  • NEW YORK, Oct 1- General Electric launched a $7 billion sale of notes on Monday, taking advantage of prevailing low rates in what will be the third-largest sale of corporate debt in the US so far this year. Barclays, Citigroup, Deutsche Bank, Goldman Sachs, JP Morgan and Morgan Stanley are the joint bookrunners.

  • **CERADYNE INC, $34.92, up 42.9 pct** 3 M, $93.51, up 1.17 pct. 3 M said it will acquire the ceramic component maker for about $847 million. The offer of $35 per share represents a premium of about 43 percent to Ceradyne's Friday closing.

  • CHICAGO, October 01 Fitch Ratings has affirmed the ratings of HCC Insurance Holdings, Inc., including the senior debt rating at' A', as well as the Insurer Financial Strength ratings of its operating subsidiaries at' AA'. The Rating Outlook is Stable.

  • SAN FRANCISCO, Oct 1- Yahoo Inc Chief Executive Marissa Mayer, three months into a nascent effort to revamp the struggling Web company, could be back in the office in one week, following the birth of her first child on Sunday.

  • Oct 1- BMC Software Inc is looking to sell itself and has retained Bank of America Merrill Lynch to help find a buyer, the Wall Street Journal reported Monday. Bankers have approached potential suitors including software companies and large private-equity firms to see if they are interested in buying BMC or a part of it, the Journal said, citing sources.

  • Oct 1- Washington Post Co said it would acquire a majority stake in privately held Celtic Healthcare Inc, branching even further away from its newspaper roots.

  • The Denver- based company said Molson Coors Europe will combine its U.K. and Ireland business with its recently acquired businesses in Central Europe. StarBev makes Bergenbier, Ozusko and Borsodi beers and runs nine breweries, selling brands in in the Czech Republic, Serbia, Croatia, Romania, Bulgaria, Hungary, Montenegro, Bosnia-Herzegovina and Slovakia.

  • OMAHA, Neb.-- Shares of Gordmans Stores slid more than 24 percent on Monday, its biggest ever one-day drop, as the clothing and home decor company lowered its third and fourth-quarter financial forecasts because of a sales slowdown. Gordmans said Monday that its revenue at stores open at least a year fell 2.1 percent for the third quarter through Sept. 29.

  • **CERADYNE INC, $34.92, up 42.9 pct** 3 M, $93.51, up 1.17 pct. 3 M said it will acquire the ceramic component maker for about $847 million. The offer of $35 per share represents a premium of about 43 percent to Ceradyne's Friday closing.

  • WASHINGTON, Oct 1- A precipitous drop in Iran's currency, the rial, reflects relentless international pressure on the country over its suspected nuclear weapons program, the U.S. State Department said on Monday.

  • *Continues to exceed commitments to buy Michigan products and services: sets. *Says now expects to spend $700 million with Michigan suppliers by December. *Says estimates it will spend $1.3 billion with Michigan suppliers in 2011 and.

  • INDIANAPOLIS, Oct 1- Federal Reserve Chairman Ben Bernanke said on Monday the U.S. central bank did not foresee a recession but that growth was too slow to bring down the nation's jobless rate. "Right now we see an economy which is expanding. We see employment... still growing, "Bernanke said."

  • WASHINGTON, Oct 1- American Express will refund $85 million to customers to resolve charges that three subsidiaries broke consumer protection laws across the credit card business, U.S. regulators said on Monday.

  • DETROIT-- Workers rejected a judge's "ridiculous" order Monday to end a strike protesting job cuts at the Detroit regional water department, a union lawyer said. Union attorney George Washington called federal Judge Sean Cox's injunction "outrageous" and said he would file a motion to dissolve it.

  • RICHMOND, Va.-- Several environmental groups say Dominion Virginia Power needs to do more to increase the use of renewable energy like solar and wind power. Dominion Virginia is a unit of Dominion Resources Inc..

  • LEADER DIES: James E. Burke, who as CEO steered Johnson& Johnson through the Tylenol poisonings that led to the first tamper-resistant packaging, died at 87 after a long illness.

  • The governor says he will announce a major milestone in the process of making sure Hawaii residents have access to good healthcare and insurance. Hawaii is among the states that bet correctly that the U.S. Supreme Court would uphold Obama's law. Census data from 2010 show 7.7 percent of Hawaii residents are without health insurance.

  • The economy's painfully slow recovery and soaring deficits will be major topics in Denver at Wednesday's first presidential debate, to focus on domestic issues. When fiscal 2012 ended at midnight Sunday, the outgoing 12- month yearly deficit was again $1.3 trillion _ the fourth consecutive year it has exceeded $1 trillion.