IBT Staff Reporter

Gannett Co Inc (GCI.N), the largest U.S. newspaper publisher, reported a lower quarterly profit on Monday and revenue fell because of a 28 percent drop in publishing advertising sales.

Bernanke's Imbalances; $5 billion Derivatives Takeover Deal; Google's App Boast

Epic swindler Bernard Madoff's former beach home off the eastern-most point of New York's Long Island sold for $9.41 million, money that will go toward a fund for defrauded investors, the U.S. Marshals Service said on Friday.

For the fourth time this year, the 3D animated feature Up claimed the No. 1 spot on the overseas circuit, bagging $27.9 million from 4,500 screens in 24 territories during the weekend.

Oil and natural gas company Brigham Exploration Co (BEXP.O) said it commenced offering of 14 million common shares, mainly to boost its Williston Basin drilling program.

Keep up the faith, Southland fans.

Bill Cosby doesn't rap or sing on his latest project, but he gathered together people who do. Bill Cosby Presents the Cosnarati: State of Emergency is a socially conscious hip-hop CD that focuses on the critical issues affecting young people. The independent project will launch Monday (October 19) during a virtual town hall meeting in New York.

Exiled Uighur leader Rebiya Kadeer sharply criticized the Frankfurt Book Fair for inviting China as its guest this year, arguing that the country should not be honored given its poor human rights track record.

Four major risks threaten a solid year-end rally to cap this year's stunning bounce back by global equities -- earnings, bonds, currencies and cash.

Some 3,000 people lined the streets on Saturday for the funeral of Boyzone singer Stephen Gately, who died on the island of Majorca a week ago.

Britain's financial regulator plans to force mortgage lenders to check the income of all borrowers, scrapping so-called liar loans blamed for helping to fuel bad debt problems at the heart of the credit crunch.

Hasbro Inc reported a higher-than-expected quarterly profit on Monday, boosted by demand for movie-related toys, although revenue fell short of expectations.

Brazilian bank Bradesco (BBDC4.SA)(BBD.N) said on Monday it reached a deal to take a 43.5 percent stake in local dental insurer OdontoPrev(ODPV3.SA) and share control of it with OdontoPrev's founder and chief executive.

U.S. stock index futures rose on Monday, as the outlook for corporate earnings lifted investor optimism about the vitality of an economic recovery.

News, details on bond issues in the European markets on Monday:

Germany has assured GM and the Opel Trust that its 4.5 billion euros ($6.70 billion) offer in financial aid for Opel is not tied to the choice of an investor or a plan, a European Commission spokesman said on Monday.

Peru's national federation of mining unions has started a two-day nationwide strike to pressure the government to change rules on labor benefits, although unions at several key mines had said they would not participate in the walkout.

Proposed and actual actions of the government to make banks public utilities will destroy the secular earnings growth of the industry, veteran banking analyst Richard Bove said.

Chief executives from the biggest U.S. corporations worry that the slumping dollar could sap U.S. credibility around the globe, spur inflation and ultimately undermine the economy.

Anil Kumar, charged with other executives over the biggest hedge fund insider-trading scheme, has sought leave from the board of a top Indian business school that he helped set up.

Gains in miners and energy firms pushed Britain's top shares 1.3 percent higher by midday on Monday, underpinned by firmer commodity prices, while investors awaited corporate earnings from the United States for further direction.

U.S. stock index futures rose on Monday, as the outlook for corporate earnings lifted investor optimism about the vitality of an economic recovery.

The Bank of Canada is likely to play it safe when it outlines its policy stance this week, holding the line on interest rates and tinkering at the margins of its economic forecasts as it waits for firmer evidence that the recovery is for real.

European shares bounced back on Monday to hover near last week's 12-month highs, with banks, food producers and drugmakers leading the advance ahead of more earnings results from major companies such as Apple (AAPL.O).

Apple Inc is once again expected to top Wall Street's estimates when it unveils quarterly earnings today, but it may have to beat by a lot to drive an already lofty share price higher.

Where the Wild Things Are topped the North American box office, according to studio estimates on Sunday, a strong start for a film that, like its little boy hero, sailed into somewhat uncharted waters.

News, details on bond issues in the European markets on Monday:

Britain's financial regulator plans to force mortgage lenders to check the income of all borrowers, scrapping so-called liar loans blamed for helping to fuel bad debt problems at the heart of the credit crunch.

A Chinese national accused of stealing trade secrets from Ford Motor Co was employed by Beijing Automotive Industry Holding Corp , China's fifth-biggest automaker, but was in the United States on personal leave when he was arrested, BAIC said Monday.