EWING, N.J.-- Antares Pharma Inc. said Tuesday it received a $750,000 milestone payment from its partner Pfizer Inc.. In December 2011 Antares licensed drug delivery technology to Pfizer. Shares of Antares Pharma rose 12 cents, or 2.8 percent, to $4.40 on Tuesday.
NEW YORK, Oct 2- U.S. crude oil inventories rose less than expected last week while oil product stockpiles fell slightly, data from the American Petroleum Institute showed on Tuesday. Crude inventories rose 462,000 barrels in the week to Sept. 28, compared with analysts' expectations for a build of 1.5 million barrels, the API reported.
*Hallmark cards-greeting card and envelope production to move from Topeka. *Hallmark cards- none of the work currently done in Kansas is being moved out. of Kansas as a result of this consolidation.
DETROIT-- Americans found plenty of reasons to buy new cars in September, making auto sales a bright spot in the economy for yet another month. Sales rose for most carmakers, led by big gains at Toyota, Honda and Volkswagen. Gas prices have jumped 14 percent since July 1, and hit $3.79 per gallon at the end of September, a record for that time of year.
*MSCI says switch covers $24 million of annual operating income. Oct 2- Vanguard Group, the largest U.S. mutual fund manager, said on Tuesday it was switching 22 of its biggest index funds away from benchmarks provided by MSCI Inc in order to cut costs.
LONDON, Oct 2- Trader Glencore has formally notified the European Commission of its $33 billion plan to take over miner Xstrata, sources familiar with the matter said, after months of preliminary talks designed to pave the way for a swift approval.
NEW YORK-- Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:. MetroPCS Communications Inc., up $2.05 at $13.57. Deutsche Telekom AG, parent company of cellphone carrier T-Mobile USA, said it is in talks to buy smaller rival MetroPCS.
NEW YORK, Oct 2- U.S.-listed shares of foreign companies rose slightly on Tuesday in a relatively quiet session, boosted by ongoing expectations of a bailout for Spain. The BNY Mellon index of leading European ADRs rose 0.6 percent. In Greece, Coca Cola Hellenic rose 2.1 percent to $19.25 per share and the National Bank of Greece gained 5.5 percent to $2.49 a share.
Oct 2- The Bon-Ton Stores Inc:. *The Bon Ton Stores Inc- announces January closing of its Springfield, OH. *Says the company will not renew the lease, which terminates January 31, 2013.
WASHINGTON, Oct 2- Google subsidiary Motorola Mobility has dropped a complaint of patent infringement against Apple without explanation. Apple did not return telephone calls seeking comment and Google said only: "As we have said many times before, we will continue to vigorously defend our partners".
RALEIGH, N.C.-- Dara Biosciences Inc. said Tuesday it has regained compliance with Nasdaq share price rules. The stock returned to closing above $1 on Sept. 14, and has maintained that level for 13 straight sessions. Shares of Dara Biosciences rose 4 cents to end at $1.04 on Tuesday.
NEW YORK, Oct 2- Xyratex Ltd:.
NEW YORK, Oct 2- Dutch brewer Heineken raised US $3.25 bn from a four-part bond offering in style by establishing a new record for the lowest coupon paid by a Triple B issuer for three- and five-year bonds. The company was in the market to take out a EUR2.5bn bridge loan for its acquisition of Asia Pacific Breweries.
HOUSTON-- Two activist groups said Tuesday they sent an email to more than 71,000 Shell Oil employees that pretended to be from a fake company division and provided information about a U.S. Supreme Court case involving the company.
NEW YORK-- Drug and medical device maker Covidien PLC said Tuesday it completed its $100 million purchase of CNS Therapeutics. Covidien announced it was buying CNS on Sept. 24. CNS is now part of Covidien's Mallinckrodt pharmaceuticals business.
*Manhattan office vacancy rate ticks up-Cushman& Wakefield. NEW YORK, Oct 2- The Manhattan office vacancy rate ticked up in the third quarter and average rent was essentially flat, as demand for office space remained soft, real estate services company Cushman& Wakefield said on Tuesday.
NEW YORK, Oct 2- The chairman of the U.S. board that sets accounting standards for state and local governments will retire next June, a year ahead of the end of his term and as controversial new standards for pensions start kicking in.
Road accidents killed 16,290 people from January through June, the most since 2009, the U.S. National Highway Traffic Safety Administration said in a preliminary report that does not examine causes.
Oct 2- Mohegan Tribal Gaming Authority:. *Gaming- on September 27 announced the implementation of a workforce. *Gaming says reduction at its Uncasville, Connecticut property of.
Oct 2- Fitch Ratings has affirmed the' A-' rating on the following Great River Energy outstanding bonds:. --$2.49 billion First Mortgage Bonds. SOLID ECONOMY: GRE is the second largest wholesale power supplier in Minnesota, with its member systems serving a diverse and, primarily residential customer base, including suburbs of the Twin Cities.