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Wires

  • --U.S. river cruise operator Viking Cruises Ltd. plans to issue $250 million in senior notes. On Oct. 9, 2012, Standard& Poor's Ratings Services assigned Woodland Hills, Calif.- based river cruise operator Viking Cruises Ltd. its' B+' corporate credit rating.

  • MADRID-- Spanish telecommunications company Telefonica has agreed to sell its call center business Atento to private equity group Bain Capital for 1 billion to lower debt. Telefonica SA is trying to reduce its debts worth 58 billion through the sale of non-essential businesses.

  • Stocks rose on Friday after a government report showed that inflation was tame in September, which will leave consumers with more money to spend if the trend holds up. The Labor Department said Friday that wholesale prices rose 1.1 percent in September. This week saw mixed results from U.S. corporations like Alcoa, Safeway and Yum Brands.

  • *C.bank says economy performing below potential. KAMPALA, Oct 12- A Ugandan parliamentary committee is pushing the government to amend the country's financial laws to empower the central bank to regulate interest rates following mounting complaints against high borrowing costs.

  • Rating Action On Sept. 21, 2012, Standard& Poor's Ratings Services affirmed its' Api' counterparty credit and financial strength ratings on Erie Family Life Insurance Co.. Erie is a Pennsylvania life insurance company formed in 1967 and licensed to do business in 10 states and the District of Columbia. Erie Family Life Insurance Co..

  • Oct 12- Investment Property Databank:. *UK commercial property values fall 0.4 percent in September, versus -0.3. *UK commercial property total return 0.2 percent in September, unchanged from.

  • NEW YORK, Oct 12- U.S. consumer sentiment unexpectedly rose in October to its highest level in five years as optimism about the overall economy improved, a survey released on Friday showed. BRETT RYAN, VICE PRESIDENT AND U.S. ECONOMIST, DEUTSCHE BANK SECURITIES, NEW YORK.

  • HONG KONG, Oct 12- China's state-owned insurer PICC Group is tentatively looking to start pre-marketing its proposed up to $3 billion Hong Kong initial public offering in mid-November, IFR reported on Friday citing sources. PICC is planning to raise as much as $6 billion through a dual listing in Hong Kong and Shanghai, sources previously told Reuters.

  • Oct 12- GE:* Deutsche Bank starts GE with buy rating. Reuters Station users, click. 1568. Reuters Station users, click. 4899.

  • Oct 12- Sycamore Networks Inc:. *S&P Capital IQ cuts Sycamore Networks price target by $13.50 to. Reuters Station users, click. 1568.

  • Oct 12- Fitch Ratings has affirmed Belgian Lion N.V./ S.A., a prime RMBS transaction originated and serviced by ING Belgium N.V/S. As of August 2012, the volume of loans in arrears by three months or more stood at 34 bps of the current outstanding balance compared to 24 bps a year ago.

  • LONDON, Oct 12- Oil fell towards $115 a barrel on Friday, as a prediction of a further decline in oil consumption and higher supplies offset concerns about potential output disruptions in the Middle East.

  • PARIS/ MILAN, Oct 12- Europe's top semiconductor maker STMicroelectronics denied planning a demerger, saying it had no plans to undo the group's "unity" in response to a report that it planned a breakup which had sent its shares up by nearly a fifth.

  • NEW YORK-- Shares of Workday rocketed higher Friday in their first day of trading on the New York Stock Exchange. That's a bigger bump than the 71 percent first-day gain by casino operator Caesars Entertainment Corp. in February and the 41 percent first-day gain for shares of real estate listing site Trulia Inc. last month.

  • Oct 11-=============================================================================== Summary analysis-- Dhipaya Insurance Public Co. Ltd.----------- 11- Oct-2012=============================================================================== CREDIT RATING: Country: Thailand Local currency BBB/Negative/-- Primary SIC: Fire, Marine, and Casualty Insurance=============================================================================== Credit Rating History: Local currency Foreign currency 24- Sep-2012 BBB/----/-- 16- May-2012 BBB+/----/-- 30- Dec-2009 A-/----/--=============================================================================== Rationale.

  • NEW YORK-- A group of retailers and trade groups has launched a last-ditch effort to stop a settlement worth at least $6 billion that Visa Inc., MasterCard Inc. and major banks have agreed to pay retailers for alleged fee fixing. The proposed settlement, which was disclosed in July, is expected to be submitted to the U.S. District Court in Brooklyn by Oct. 19.

  • NEW YORK, Oct 12- U.S. consumer sentiment unexpectedly rose in October to its highest level in five years as optimism about the overall economy improved, a survey released on Friday showed. STORY: COMMENTS: DAVID SLOAN, ECONOMIST, 4 CAST LTD, NEW YORK:. ECONOMIST, RBC CAPITAL MARKETS, NEW YORK.

  • Oct 12- IDGC of Center and Volga Region, Russia:.