Wires

  • *Canadian dollar ends at C $1.3237, or 75.55 U.S. cents. The Canadian dollar settled at C $1.3237 to the greenback, or 75.55 U.S. cents, weaker than Friday's close of C $1.3171, or 75.92 U.S. cents. Talk that the Bank of Canada was more inclined to ease monetary policy than tighten it was revived after Friday's data showed Canada's annual inflation rate in August dipped...

  • DETROIT— Highway gas mileage estimates for about a third of all new vehicles sold in the U.S. will fall by one mile per gallon because the government has changed the way it calculates the window sticker numbers. The Environmental Protection Agency also says drivers run air conditioning more often than in the past, and they're driving faster, both of which cut into...

  • BRAZILIAN MINING VENTURE SAMARCO DID NOT MAKE INTEREST PAYMENT ON $500 MLN 2024 BOND DUE ON MONDAY, TRUSTEE BANK SAYS.

  • BUENOS AIRES, Sept 26- Argentina's central bank will continue to set its policy rate on a weekly basis in 2017 but will no longer tie the rate to short-term Lebac securities, central bank chief Federico Sturzenegger said on Monday. The bank is seeking to contain inflation that economists see at around 40 percent in 2016, also a priority of center-right President...

  • TORONTO, Sept 26- Canada's benchmark stock index fell in a broad retreat on Monday, tracking U.S. indexes lower as investors took a cautious turn ahead of the first U.S. presidential debate and as energy shares failed to move higher with a bounce in crude oil prices. The three main Wall Street indexes all shed at least 0.85 percent, as investors focused on how...

  • NEW YORK, Sept 26- A federal appeals court on Monday cleared the way for American Express Co to block merchants that accept its cards from steering customers toward lower-cost cards from other issuers. The 2nd U.S. Circuit Court of Appeals in New York said a lower court judge in Brooklyn erred in February 2015 in finding that American Express' "anti-steering" rules...

  • NEW YORK— U.S. stocks slumped Monday, and banks took the biggest losses. Deutsche Bank hit an all-time low as investors worried about the financial health of Germany's largest bank. Pfizer pulled drugmakers down after it announced it won't break up into two companies.

  • BARNSLEY, Britain _ MAM Software Group Inc. on Monday reported fiscal fourth-quarter earnings of $1.4 million. On a per-share basis, the Barnsley, Britain- based company said it had net income of 12 cents. MAM Software shares have fallen 16 percent since the beginning of the year.

  • Deutsche Bank AG, down 90 cents to $11.85. Pfizer Inc., down 62 cents to $33.64. Germany's Lanxess agreed to buy the specialty chemicals maker in a deal the two companies valued at $2.5 billion.

  • MANILA, Sept 26- Philippine President Rodrigo Duterte said on Monday he would visit Russia and China this year to chart an independent foreign policy and "open alliances" with two powers with historic rivalries with the United States. Duterte said the Philippines was at the "point of no return" in relations with former colonial ruler the United States, so he wanted...

  • SAN FRANCISCO, Sept 26- The U.S. Department of Labor on Monday filed an administrative lawsuit against Palantir Technologies, alleging the data analytics and security company systematically discriminated against Asian job applicants. It raised $880 million in funding late last year, for a $20 billion valuation, and is considered one of Silicon Valley's most...

  • ELKHART, Ind. _ Thor Industries Inc. on Monday reported fiscal fourth-quarter earnings of $82.8 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.37 per share. Thor Industries shares have increased 47 percent since the beginning of the year.

  • Sept 26- Wall Street fell on Monday as Deutsche Bank weighed on financials and investors hunkered down for the first debate between candidates Hillary Clinton and Donald Trump. "Wall Street favors Hillary at this point because she is a known commodity. "But I don't think it's too late for Wall Street to warm up to Trump."

  • Sept 26- High-end apartment owner Monogram Residential Trust Inc is exploring a sale, the Wall Street Journal reported, citing people familiar with the matter. The Plano, Texas- based real estate investment trust has sounded out potential buyers and deal talks are in early stage, according to the report. Monogram Residential, which had a market capitalization of...

  • WASHINGTON, Sept 26- The U.S. Senate's senior Democratic tax law writer says he will rip up a root of corporate tax avoidance if his party wins Senate control in November, targeting trillions of dollars in tax-deferred profits being held abroad by U.S. companies. In an interview with Reuters, Oregon Senator Ron Wyden said he wants to put an end to a Kennedy-era law...

  • FREMONT, Calif. _ Synnex Corp. on Monday reported fiscal third-quarter profit of $58.7 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.56 per share. Three analysts surveyed by Zacks expected $3.49 billion.

  • WASHINGTON, Sept 26- The Federal Reserve will seek significantly more capital from the largest U.S. banks and give some relief to smaller lenders as it updates its annual stress test, Fed Governor Daniel Tarullo said on Monday. "In pulling this package of modifications together, we have consciously shaped them in accordance with the principle that financial...

  • *Iran downplays chance of output freeze, some in OPEC hopeful. Key OPEC member Iran, the fourth largest crude exporter which is still trying to recapture output before Western sanctions in 2012, downplayed the chances of a deal while some OPEC members remained hopeful. "Unless there's an impressive production cut by OPEC on top of a freeze, I think we'll give back...

  • Salesforce is working with Bank of America on a potential bid, a Bloomberg report on Monday said. Walt Disney is also working with a financial adviser to evaluate a possible bid for Twitter, Bloomberg reported, citing people familiar with the matter. Microsoft is also among the list of potential suitors, although Facebook Inc is not likely to have an interest in...

  • *Oil prices rise on hopes of OPEC production freeze. NEW YORK, Sept 26- Stock prices around the world fell on Monday ahead of the first U.S. presidential debate between Hillary Clinton and Donald Trump, while oil prices rose in advance of an informal OPEC meeting in Algeria on hopes for an output cut. Deutsche Bank shares hit a record low on worries about Germany's...