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Wires

  • ANNAPOLIS, Md.-- A Maryland panel on Monday recommended raising the state's debt limit by $150 million in the next fiscal year. For example, the state's Board of Revenue Estimates recently increased revenue projections for the current fiscal year by $181 million. It also raised ongoing revenue estimates by $120 million to $185 million per year.

  • *Tells court he had no direct accomplices but influenced by others, malaise in Vatican. VATICAN CITY, Oct 2- Pope Benedict's former butler, facing trial for stealing papal documents, told a Vatican court on Tuesday that he was held in a tiny room with the light on constantly and put under pyschological pressure in the first few weeks of his detention.

  • October 2- Following are terms and conditions. of an FRN priced on Tuesday.

  • FRANKFORT, Ky.-- A settlement prompted by a federal court ruling on power plant emissions has cut the cost of a western Kentucky utility's pollution control plan by $225 million. The Kentucky Public Service Commission announced the settlement Monday.

  • *Qua Iboe valued at dated plus $2.30- $2.60. LONDON, Oct 2- Nigerian crude differentials held steady on Tuesday, below peaks reached last week during a buying spree led by Indian refiners, while remaining Angolan cargoes were expected to weaken. *Qua Iboe: Offered at dated plus $2.70 to $2.75 and considered more likely to trade between plus $2.30 and plus $2.60.

  • TALLAHASSEE, Fla.-- Florida insurance regulators have announced they've received more than 100 filings from auto insurers doing business in the state and are expecting more by the close of business.

  • *Dundee raises Continental Gold Ltd target price to C $13 from C $11;.

  • BOSTON, Oct 2- The $50 billion Massachusetts state pension fund returned 1.27 percent in August, narrowly beating its benchmark on strong performance from global stock funds, according to a monthly report released on Tuesday. His base annual pay will be increased to $295,000 from $245,000.

  • October 02- Following are terms and conditions. of a bond priced on Tuesday.

  • Oct 2- NorthWest Healthcare Properties REIT:. *Dundee starts NorthWest Healthcare Properties REIT with a buy. rating; target price of C $14.

  • John Lynch says six New Hampshire companies have received job training grants this month that will help train 350 workers.

  • DETROIT-- General Motors says its U.S. sales rose 1.5 percent last month as a big jump in car sales was offset by falling truck sales. The company says new models boosted car sales by 29 percent. But sales of the Chevrolet Silverado, GM's top-selling vehicle, fell almost 17 percent from a year ago.

  • Oct 2- Ridgeline Energy Services Inc:.

  • ST. PAUL, Minn.-- Minnesota farmers continue to make rapid progress on corn and soybean harvests, thanks to dry weather. According to the USDA's Minnesota crop-weather report, corn was 53 percent harvested as of Sunday. That's way ahead of last year's 5 percent, which is also the five-year average.

  • *Austria, Britain deals can come into force in January. ZURICH, Oct 2- Switzerland will not hold a November referendum on deals with Germany, Britain and Austria to tax secret bank accounts after opponents of the agreements failed to gather enough signatures to force a vote, the government said.

  • LONDON, Oct 2- European shares turned briefly negative and Bunds rose on Tuesday, tracking early U.S. moves in low volumes, traders said. At 1422 GMT, the FTSEurofirst 300 index of leading European shares was flat at 1,104.50 points, while German Bund futures rose 5 ticks to 141.45.

  • *Haywood cuts Mercator Minerals Ltd target price to C $1.75 from C $2;.

  • PARIS, Oct 2- French stock market regulator AMF said it did not believe luxury group LVMH had engaged in insider trading or share price manipulation when it bought its first 14 percent stake in rival Hermes in 2010..

  • MADRID, Oct 2- Ratings agency Moody's will announce the results of a review of Spain's sovereign debt rating, which currently stands just one notch away from losing investment grade, some time this month, a spokeswoman said on Tuesday. Moody's last cut Spain in June 2012 from A3 to Baa3 and was due to announce a review of the rating in September.

  • ===============================================================================KEY INTEREST RATES 2- WEEK REPO DISCOUNT LOMBARD rate 0.25 pct 0.10 pct 0.75 pct last changed Sept 27, 2012 Sept 27, 2012 Sept 27, 2012 former rate 0.50 pct 0.25 pct 1.50 pct.