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Wires

  • *TD Securities cuts Franco Nevada- to hold from buy For a summary of rating and price target changes on U.S. companies:. Reuters Station users, click. 1568. Reuters Station users, click. 4899.

  • *Tolima Gold Inc. and IAMGOLD Corporation enter option to form a joint venture to explore tolima's ancal project in the middle cauca gold belt in Colombia. *As consideration for granting of option, IAMGOLD has agreed to pay Tolima $1 million in 2 equal installments.

  • *TD Securities raises Alimentation Couche Tard price target to C $63. Reuters Station users, click. 1568. Reuters Station users, click. 4899.

  • LONDON, Oct 9- Jubilee Platinum PLC:. *Enters MOU for toll processing Dilokong Chrome mine's platinum-bearing. *Will be targeting a tailings processing rate of up to 50,000 tonnes per month.

  • Oct 9- European Software and IT Services. *Bofa merrill raises Atos SA price objective to 57 euros from 53. 1000 P; rating buy* Bofa merrill raises Sap AG price objective to 58 euros from 55 euros; rating neutral.

  • Turkish President Abdullah Gul said on Monday the "worst-case scenarios" between his country and Syria were now playing out, fuelling concerns that the 18- month-old conflict in Syria may spread to other countries in the region.

  • COLOMBO, Oct 9- Sri Lanka plans to increase spending on defence and urban development by 25.9 percent to 289.5 billion rupees in 2013, a budget appropriation bill presented to parliament showed on Tuesday.

  • ANKARA, Oct 9- Turkey cut its growth forecasts for this year and next on Tuesday and said budget deficits would be wider than previously thought, falling largely into line with independent economists as it moves into an election cycle.

  • NEW DELHI, Oct 9- U.S. Treasury Secretary Timothy Geithner said on Tuesday he was "relatively confident" that Washington can manage its fiscal challenges.

  • BELGRADE, Oct 9- Serbia's central bank increased its benchmark interest rate, already the highest in the region, by 25 basis points to 10.75 percent on Tuesday, reflecting concerns over rising inflation and debt.

  • *BofA Merrill cuts British Land to neutral from buy. *BofA Merrill cuts Capital Shopping Centres to underperform from. *BofA Merrill cuts Dev Securities to underperform from neutral.

  • PRAGUE, Oct 9- Czech September inflation data confirm the tone of the central bank's macroeconomic forecast regarding the anti-inflationary effect of the domestic economy, the bank said on Tuesday. The forecast assumes a further decline in interest rates in the next several quarters.

  • NEW YORK-- Alcoa Inc. may set the stage for what's expected to be a disappointing earnings season when it reports third-quarter results Tuesday after the markets close. Alcoa's net income equaled 15 cents a share in the third quarter of 2011.. Alcoa faces challenges from a slowdown in global manufacturing.

  • AMSTERDAM, Oct 9- Policymakers should quickly empower the European Central Bank to supervise major lenders as a cornerstone of a strong banking union to underpin efforts to tackle the region's debt crisis, the Dutch central bank said.

  • *ING effectively pays Barclays to take UK online business. *Barclays shares nudge up 0.3 pct; ING down 0.1 pct. LONDON, Oct 9- Barclays' new chief executive set the course firmly towards retail banking on Tuesday with his first deal since replacing Bob Diamond- the takeover of ING's British savings and loan business and its 1.5 million customers.

  • STOCKHOLM, Oct 9- Telecoms gear maker Ericsson. Parents Ericsson and STMicroelectronics said earlier in the day they were working with an external advisor to determine the best course for ST-Ericsson. "We are looking at all possible solutions," Ola Rembe, head of media relations for Ericsson, said.

  • *Amazon's Epix deal includes pay-for-performance provision* Amazon pays more than Netflix on per-sub basis-execs* Amazon spends $1 bln/ yr on streaming video content-analyst By Alistair Barr.

  • STOCKHOLM, Oct 9- Swedish engineering group Sandvik has looked at a possible sale of its Sandvik Materials Technology business but decided not to proceed with a deal, leaving the unit off the block for now, a company spokesman said on Tuesday.

  • Oct 9- Silicon Valley-based Workday Inc, which provides cloud-based human resource software, raised the expected price range of its IPO to $24- $26 per share from $21- $24 per share. Pleasanton, California- based Workday was co-founded by ex-PeopleSoft executives David Duffield and Aneel Bhusri, who left PeopleSoft following its acquisition by Oracle Corp.

  • LONDON, Oct 9- The board of Kazakh miner ENRC. is set to consider a proposal to beef up the role of its chairman, strengthening the hand of veteran banker Mehmet Dalman by handing him an executive position, a source familiar with the matter said.