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  • European stock indexes look cheap compared with corporate credit indexes when removing financials from the benchmarks, sending a bullish signal for stocks, Societe Generale quantitative analysts say in a research note.

  • Twinkie maker Hostess files reorganization plan Thursday, 11 Oct 2012 | 8:42 AM ET

    Oct 11- Hostess Brands Inc, the bankrupt maker of Twinkies and Wonder Bread, filed a reorganization plan that includes wage cuts, reduction in health and welfare benefits and a freeze on pensions for at least two years.

  • NEW YORK, Oct 11- The number of Americans filing new claims for unemployment benefits fell sharply last week to the lowest level in more than four and a half years, according government data on Thursday that suggested improvement in the labor market. PETER CARDILLO, CHIEF MARKET ECONOMIST, ROCKWELL GLOBAL CAPITAL, NEW YORK.

  • BRIEF-Cantel Medical reports Q4 results Thursday, 11 Oct 2012 | 8:40 AM ET

    Oct 11- Cantel Medical Corp:. *Reports EPS of $0.35 versus $0.18 on 15% sales increase for fourth quarter. and EPS of $1.15 versus $0.79 on 20% sales increase for the year ended July.

  • TREASURIES-Price drop steepens after U.S. jobless data Thursday, 11 Oct 2012 | 8:40 AM ET

    NEW YORK, Oct 11- U.S. Treasuries prices extended losses on Thursday after data showed weekly jobless claims fell to its lowest level since February 2008 and soothed some worries about unemployment and overall U.S. economic growth. Benchmark 10- year Treasury note prices were 8/ 32 lower, compared with a 6/ 32 fall before the release of the claims data.

  • Dalkia to build CHP plant in Warsaw for $63 mln-report Thursday, 11 Oct 2012 | 8:39 AM ET

    WARSAW, Oct 11- France's Dalkia, which controls Warsaw's heating company SPEC, plans to build a gas-fired combined heat and power plant in the Polish capital for around 200 million zlotys, Dalkia's representatives were quoted as saying on Thursday.

  • BRIEF-Thoratec names chief financial officer Thursday, 11 Oct 2012 | 8:39 AM ET

    *Appoints Taylor c. harris as chief financial officer. *Roxanne oulman was serving as interim chief financial officer since June 2011. *Source text* Further company coverage.

  • RESEARCH ALERT-UBS raises Agnico Eagle to buy Thursday, 11 Oct 2012 | 8:39 AM ET

    *UBS raises Barrick Gold target price to $52 from $46; rating buy. *UBS raises Rainy River Resources Ltd price target to C $7 from C $6;. rating buy* UBS raises Centerra Gold target price to C $17 from C $15.5; rating buy.

  • Europe shares extend gains after U.S. jobless data Thursday, 11 Oct 2012 | 8:39 AM ET

    PARIS, Oct 11- European stocks extended their gains on Thursday after data showed an unexpected drop in U.S. weekly unemployment benefit claims, reviving hopes the world's biggest economy is recovering.

  • Oct 11- Crumbs Bake Shop Inc:. *Completes $9.8 million in equity financing. *Says to use net proceeds to fund new store growth and bolster general working.

  • RESEARCH ALERT-Dundee raises Aurico Gold price taget Thursday, 11 Oct 2012 | 8:38 AM ET

    Oct 11- AuRico Gold Inc:. *Dundee raises Aurico Gold price taget to C $8.30 from C $7; rating. Reuters Station users, click. 1568.

  • *UBS cuts United States Steel Corp target price to $31 from $35; rating. *UBS cuts Steel Dynamics target price to $17 from $18; rating buy. *UBS cuts Reliance Steel and Aluminum target price to $63 from $66;.

  • UPDATE 2-Striking S.Africa gold miners reject pay offer Thursday, 11 Oct 2012 | 8:38 AM ET

    JOHANNESBURG, Oct 11- Striking gold miners in South Africa have rejected the industry's latest wage offer, a trade union said on Thursday, dimming hopes that wildcat strikes that have paralysed the sector could end anytime soon.

  • MOSCOW, Oct 11- Iraq is considering replacing ExxonMobil with Russian companies at the supergiant West Qurna-1 oilfield, after the U.S. major angered Baghdad by venturing into Kurdistan, according to a media report citing industry sources.

  • NEW YORK, Oct 11- The number of Americans filing new claims for unemployment benefits fell sharply last week to the lowest level in more than four and a half years, according government data on Thursday that suggested improvement in the labor market. PETER CARDILLO, CHIEF MARKET ECONOMIST, ROCKWELL GLOBAL CAPITAL, NEW YORK.

  • RESEARCH ALERT-UBS cuts Dean Foods Co price target Thursday, 11 Oct 2012 | 8:37 AM ET

    Oct 11- Dean Foods Co:. *UBS cuts Dean Foods Co price target to $15.5 from $17.5; rating neutral. Reuters Station users, click. 1568.

  • OTTAWA, Oct 11- Prices of new homes in Canada rose by 0.2 percent in August, the 17th consecutive month-on-month increase, on continued strength in large cities such as Toronto and Calgary, Statistics Canada said on Thursday.

  • RESEARCH ALERT-UBS cuts Alcoa Inc price target Thursday, 11 Oct 2012 | 8:37 AM ET

    *UBS cuts Alcoa Inc price target to $9.5 from $10.25; rating neutral. Reuters Station users, click. 1568. Reuters Station users, click. 4899.

  • Oct 11- Great Offshore Ltd:. *Board approved extension of maturity of US$ 40 million 7.25% unsecured. up to April 12, 2013* Source text:* Further company coverage.

  • Kansas home sales, values forecast higher in 2013 Thursday, 11 Oct 2012 | 8:37 AM ET

    WICHITA, Kan.-- Kansas home sales rebounded this year and are forecast to rise another 6.3 percent in 2013 as the economy improves and pent-up demand brings buyers back into the housing market, economic researchers at Wichita State University said Thursday.