COMPANIES

Record number of oil and natural gas sales bulk up company coffers beyond market analyst predictions.

Lionsgate Entertainment narrowed its fiscal second quarter net loss year-over-year to $24.6 million as gains from its sale of Maple Pictures and EPIX earnings helped offset underperformance in films.

Losses on securities investments at the core of a scandal rocking Japan's Olympus Corp may have once exceeded $1 billion, the Nikkei newspaper said on Wednesday, as the 92-year-old firm's share price plunged due to doubts about its future.

Months of labor conflict have stalled Air Canada's plans for a low-cost carrier, but Canada's biggest airline says it has not given up the idea.

Yahoo Inc, Microsoft Corp and AOL Inc have set up an advertising partnership as Google and Facebook's online ad dominance grows.

Even though they are first in line to be paid back under broker liquidation rules, customers of bankrupt MF Global Holdings Ltd's brokerage may not get all their money back.

Moody's Investor Service on Wednesday downgraded its outlook for India's banking system to negative from stable.

Jet Airways Ltd, India's top private carrier, said on Wednesday that it has no plans to cut jobs in drive to save costs and instead look to non-payroll areas to streamline operations.

HyperDynamics, IntraLinks, Weight Watchers, RPC and Cinemark Holdings, GenOn Energy, United Rentals, Lowe's Companies, Lennar Corp. and Standard Motor Products are among the companies that saw active trading in the extended trading session on the New York Stock Exchange.

Many people would -- and some have probably tried to -- sell their own mothers in order to get into a major motion picture. Not Bilal Ahmed.

Time Warner Cable is considering bidding for the television rights to cover the Los Angeles Dodgers.

Weight Watchers International, Inc. saw its third-quarter revenue jump 29.6 percent from the prior-year period and net income nearly double, as its online business surged.

Improved job growth and positive leasing fundamentals point to continued recovery in the office and industrial sectors, but buyers continue to focus on major cities over tertiary markets, according to a webcast on Tuesday from commercial real estate brokerage Marcus & Millichap.

Hiring for the approaching holiday season in the U.S. is expected to be on par with 2010, in line with an anticipated year-on-year growth decline in seasonal sales, according to the National Retail Federation. Still, seasonal jobs provide an opportunity to secure a permanent position, employers and industry experts say.

Canadian housing starts slipped in October, but came in higher than expectations, as low interest rates and condominium building helped offset the impact of negative global economic news.

The number of homeowners with debt greater than the vaue of their homes rose to 28.6 percent in the third quarter, according to Zillow.

The telecommunication industry's biggest union, the Communications Workers of America, released a study Tuesday saying that up to 96,000 jobs will be created if the proposed $39 billion merger between AT&T and T-Mobile USA takes place next year.

More homeowners were 60 days late or more on mortgage payments in the period of June to September, the first increase since the end of 2009, according to credit reporting agency TransUnion.

The E.W. Scripps Company reported a $10.7 million loss in the third quarter due to revenue declines in both the television and newspaper divisions.

Drug maker Bristol-Myers Squibb Co. (NYSE:BMY) said it has won the approval of the U.S. Food and Drug Administration (FDA) for the expanded use of its cancer drug, Erbitux.

Credit Suisse will hand over details of wealthy Americans with hidden Swiss accounts to the Swiss government, bringing U.S. authorities one step closer to obtaining names of alleged tax cheats.

In a latest development regarding the AT&T/T-Mobile merger, a Wall Street analyst said the federal communications commission (FCC) chairman may be positioning to send the AT&T / T-Mobile USA merger to an Administrative Law Judge (ALJ) Review ahead of Dept. of Justice (DoJ) court action.

Kraft Foods Inc. will enter the energy drink market, the company announced Monday, as it plans to launch trial caffeinated versions of its popular MiO drink starting around the new year.

Michael Jackson's physician Dr. Conrad Murray, who was found guilty of involuntary manslaughter, has been placed on suicide watch while he waits for his sentencing hearing, which is scheduled for Nov. 29.

Toyota Motor Corp posted a 32 percent drop in quarterly operating profit and withdrew its full-year profit forecasts.

Societe Generale , France's second-biggest listed bankon, scrapped its 2011 dividend on Tuesday to help bolster capital when reporting quarterly profit fell sharply, hit by charges including Greek debt writedowns.

India's No. 2 carrier Kingfisher Airlines, controlled by liquor baron Vijay Mallya, plans to cancel 31 flights daily till Nov 19, including four international flights to Bangkok, the Mint newspaper reported, citing an unnamed airline official.

The executive chairman of Google Inc on Tuesday played down concerns the search giant would give preferential treatment to Motorola Mobility Holdings after its planned purchase of the handset maker is completed.

Troubled retailer American Apparel Inc (APP.A) reported a narrower third-quarter loss, helped partly by lower operating expenses, and said it expects to improve its performance in the fourth quarter and next year.