IBT Staff Reporter

China stock market's sharp rebound from a dramatic sell off in August has limited upside from current levels as a huge supply of IPO shares is set to counter investor optimism over an economic recovery.

Crexus Investment Corp shares fell 4 percent in their debut Thursday on the New York Stock Exchange.

Ladder Capital Realty Finance Inc, a prospective real estate investment trust, set the terms on Thursday for its planned $400 million initial public offering.

With Whip It, her remarkable debut as a director, Drew Barrymore proves that she is just as perky, quirky and talented behind the camera as in front of it.

U.S. food packager Bemis Co said on Thursday that the U.S. Department of Justice had requested additional information about its planned purchase of Rio Tinto's U.S. packaging arm.

The head of No. 3 U.S. mobile service Sprint Nextel Corp said on Thursday that it is fair for the U.S. government to ask whether handset exclusivity deals should have time limits.

Actor Burt Reynolds has gone public with his battle against an addiction to painkillers, hoping his story will help others in a similar situation.

ArcelorMittal, the world's largest steelmaker, is considering the sale of its stake in Luxembourg-German utility Enovos, a spokeswoman for the Luxembourg government said on Thursday.

British construction group Balfour Beatty has agreed to buy U.S. project management firm Parsons Brinckerhoff for $626 million, and will ask shareholders to help fund the deal, it said on Thursday.

Gene Simmons says Kiss fans can expect to see new outfits, a brand new stage and millions more (dollars) put into it when the group begins its Kiss Alive 35 tour to promote Sonic Boom, the band's first new album in 11 years, on September 25 in Detroit.

U.S. lithium-ion battery maker Ener1 Inc (HEV.O) said on Thursday it would supply batteries to Ford Motor Co's (F.N) Swedish Volvo brand for a new electric car prototype.

The collision of adolescent hormones and parental folly, hardly new cinematic territory, gets a bracing absurdist slant in Youth in Revolt.

Commercials director Daniel Barber calls his feature debut, Harry Brown, an urban Western, which suggests the film's allure and its problem.

Canadian factory sales rose in July at their fastest pace in 11 years, supporting expectations that the economy is growing again even though manufacturers are not expected to be the main driver of the recovery.

Quintessential New York filmmakers Spike Lee and Robert De Niro have teamed with Showtime to develop a drama series about Lower Manhattan's Alphabet City.

High exposure to certain now-banned industrial chemicals may lead to fewer female births, a new study suggests.

The global car market slump is set to spark a wave of mergers and bankruptcies among automotive suppliers being squeezed to the breaking point by weak demand and unrelenting pressure on prices, executives say.

Package delivery giant and U.S. economic bellwether FedEx Corp reported better- than-expected quarterly earnings on Thursday, helped by a pickup in international freight volumes and cost controls.

Metallurgical Corp of China (MCC) priced the Hong Kong portion of its initial public offering at the lower end of an indicated range, sources said on Thursday, as the IPO's size and sector appeared to have dampened demand for the construction and engineering company.

Children whose parents lack health insurance may miss out on routine care, even when the children themselves are covered, a new study finds.

Sony Pictures Worldwide Acquisitions Group is in final negotiations to acquire the Woody Harrelson-starring film Defendor, which received its world premiere this week at the Toronto International Film Festival.

Nissan Motor Co (7201.T) said on Thursday it expects its Chinese vehicle sales to climb 18 percent above its initial target of 570,000 units this year, helped by the government's tax incentives on smaller cars.

The death rate from the pandemic H1N1 swine flu is likely lower than earlier estimates, an expert in infectious diseases said on Wednesday.

The private equity arm of Standard Chartered is set to invest in a number of South Korean companies in the next 18 months as it sees good potential for minority stake purchases in the environment industry.

Italian scooter maker Piaggio's (PIA.MI) chairman and chief executive Roberto Colaninno called on Thursday for the government to continue with its incentives to support the vehicle industry in the economic downturn.

Nick Jonas got a piano and a ping-pong table for his 17th birthday Wednesday, People Magazine reported.

Magna's planned acquisition of Opel is proof that carmakers have lost the upper hand in the industry by outsourcing development work to suppliers and relying on them for technological knowhow, a top GM executive said.

Dubai World, a Dubai government holding company, filed a lawsuit in the United States this week against the former head of a subsidiary it accuses of fraud costing the United Arab Emirates firm millions of dollars.

Japan's large private banking business is set for a bruising market share battle, with local lenders beefing up and foreign banks curbing their activities but unwilling to back off completely.