BRENHAM, Texas— The Texas hometown of Blue Bell Creameries received a nearly $1.4 million federal grant the same day ice cream sales resumed after cleanup from listeria contamination. Blue Bell products went back on the market Monday, in parts of Texas and Alabama, after four months of voluntary suspended sales. Representatives of the U.S. Department of...» Read More
NEW YORK, Oct 1- U.S. "There was a surprise in the ISM, after Chicago on Friday a lot of people were looking to some downside risk to that number," said Richard Gilhooly, interest rate strategist at TD Securities in New York.
Copper for December delivery gained 2.75 cents to finish at $3.7855 per pound. The new reports showed that U.S. manufacturing activity improved, overall U.S. construction spending dropped and China's manufacturing activity remained anemic.
*Kevin Lobo succeeds interim CEO Curt Hartman* Hartman to leave company* CEO search had been under way since February* Stock falls 1.5 percent in afternoon trading By Toni Clarke. Oct 1- Medical device maker Stryker Corp on Monday named Kevin Lobo, head of its orthopedics unit, as president and chief executive following an eight-month search.
Both David Montgomery's withdrawal and Daniel Schindler's dismissal came last month, just weeks before the start of what has been touted as an independent, objective look at the science put forth by the Pebble Limited Partnership.
WASHINGTON-- Expect to see fewer products pitched as "environmentally friendly" if the government has its way. Hoping to limit the number of deceptive claims, the Federal Trade Commission on Monday released an updated version of its green marketing guidelines that hold companies to truthful standards in marketing their products.
1130/ 1530: The Treasury Dept. holds weekly sale of 4- week bills. 1630/ 2030: The American Petroleum Institute issues weekly national petroleum report. ----------------------------------------------------------DIARY- Federal Reserve Events U.S.
*He mentions Qatar, Saudi Arabia, Turkey, US, France, Libya.
WASHINGTON-- The Supreme Court plunged into its new term Monday with a high-stakes dispute between businesses and human rights groups over accountability for foreign atrocities. Cases involving some of the most emotional issues in American life are likely to be decided after voters choose a president and new Congress next month.
*Entered into agreement to sell its investor relations business to UK- based.
DUBAI, Oct 1- Iran's rial plunged against the U.S. dollar in open-market trade on Monday, taking its loss in value over the past week to more than a quarter in further evidence that Western sanctions are shattering the economy.
Oct 1- Labrador Iron Mines Holdings Ltd:. *LIM announces C $30 million bought deal public equity financing. *To offer 30 million shares of the company at a price of C $1.00 per common.
TORONTO, Oct 1- AOL Inc entered the mobile gaming market with a social video guessing game available on Apple's iPhone that uses voice recognition technology to keep players from cheating.
TEHRAN, Iran-- Iran's currency has fallen 16 percent in a single day to hit a record low against the U.S. dollar and other foreign currencies in street trading. The collapse of the currency is a sign of the impact of Western sanctions imposed over Iran's nuclear program. The West suspects Iran is aiming to build nuclear weapons, a charge Tehran denies.
PRINCETON, N.J.-- Church& Dwight said Monday that it completed its acquisition of Avid Health Inc., which makes gummy types of vitamins and supplements, for $650 million in cash. Church& Dwight Co. Inc. makes Arm& Hammer baking soda, Aim toothpaste and other products. Church& Dwight shares rose 19 cents to $54.18 in afternoon trading.
NEW YORK, Oct 1- UBS AG on Monday lost a bid to suspend a federal regulator's lawsuit accusing it of misleading Fannie Mae and Freddie Mac into buying billions of dollars of risky mortgage debt.
WASHINGTON-- House Speaker John Boehner bought stock in two health care companies this year, while third-ranking House Republican Kevin McCarthy bought and sold Apple stock within a few days. The initial disclosures for members of Congress were posted Monday on the Internet. Congress passed the law as part of an effort to repair its sagging public image.
The most popular motorsports series in Mexico will make its U.S. debut next season at Phoenix International Raceway. The NASCAR Toyota Series will run at Phoenix on March 1 in conjunction with the Sprint Cup, Nationwide and K&N West Series. NASCAR and PIR officials will hold a Tuesday news conference in Phoenix.
The Institute for Supply Management, a trade group of purchasing managers, also said its gauge of manufacturing employment rose following a decline in August.
NEW YORK-- Shares of Boston Beer Co. fell Monday after a UBS analyst highlighted concerns about stalling sales growth. That could mean overall revenue growth may be lower in 2013 than investors and Wall Street analysts expect. Boston Beer did not immediately respond to a request for comment.