UNITED STATES

Wall St gains on tech, energy shares

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U.S. stocks rose on Monday as energy shares climbed along with the price of oil, and Microsoft Corp boosted the tech sector after several brokerages raised their price targets on the company.
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Health reform moves to close U.S. Medicare drug gap

Democratic leaders moved on Friday to build support among the elderly for a massive overhaul of the U.S. healthcare system, saying the measure would immediately start closing a gap in Medicare prescription drug coverage.
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Mixed signals for Michael Jackson album sales

The new Michael Jackson record This Is It hits stores around the world on Monday, kicking off a week of money-spinning events dedicated to the king of pop, but the outlook for the two-disc album is decidedly mixed.
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Karzai rival sets ultimatum ahead of Afghan run-off

President Hamid Karzai's rival in a November 7 run-off presidential vote demanded on Monday that Afghanistan's chief election official be sacked, laying out a ultimatum that could complicate the pre-election process.
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UPDTE 1-Mosaic announces special dividend

U.S. fertilizer maker Mosaic Co (MOS.N) said on Monday it plans to return about $580 million to stockholders through a special cash dividend that will be financed using cash on hand.
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Futures point to modest gains as dollar falls

U.S. stock index futures indicated a modestly higher open on Monday, after a sell-off in the previous session, as investors looked to a busy week of economic data and corporate earnings.
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Chicago Fed Sept national activity index weakens

U.S. economic activity weakened in September according to a Chicago Federal Reserve report on Monday, but a three-month moving average of the index, though below its historical trend, improved close to levels associated with the end of recessions.
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FTSE up 0.2 pct by midday; UK Q3 earnings eyed

Britain's top shares edged up 0.2 percent by midday on Monday as energy firms and drugmakers gained ahead of third-quarter earnings this week, outpacing a decline in banks and life insurers.
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Futures rise as dollar falls, Verizon on tap

U.S. stock index futures rose on Monday after a selloff in the previous session as investors looked ahead to a busy week of economic data, while the U.S. dollar fell to a 14-month low.
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RadioShack profit misses estimates

RadioShack Corp's quarterly profit missed estimates by one cent on weak demand for its converter boxes, laptop computers and wireless accessories.
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Oil falls to around $80 on recovery concerns

Oil fell for a third day to around $80 a barrel on Monday, extending its retreat from last week's one-year high, on renewed concerns about the strength of the global economy.

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