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News Summary: Commodities higher on Election Day

Submitted by Fox First at Ten on November 6th

By The Associated Press GOLDEN GAINS: Gold rose 2 percent to finish at $1,715 per ounce as voters cast ballots in the presidential election. Other commodities also rose, including copper, oil, grains and soybeans. ELECTION WATCHERS: Many traders were waiting for the results of the hard-fought

News Summary: US job openings drop in September

Submitted by Fox First at Ten on November 6th

By The Associated Press JOB OPENINGS FALL: U.S. employers posted fewer job openings in September after advertising more in August than first estimated. The report suggests hiring will likely remain modest in the coming months. FEWEST IN FIVE MONTHS: The Labor Department said Tuesday that job

News Corp 1Q earnings beat Street; revenue close

Submitted by Fox First at Ten on November 6th

By RYAN NAKASHIMAAP Business Writer LOS ANGELES (AP) - News Corp. said Tuesday that net income for the latest quarter tripled from a year ago, reflecting a one-time gain from the sale of its stake in digital video technology company NDS. Revenue rose 2 percent thanks to growth at pay TV

Stocks rally as Americans head to the polls

Submitted by Fox First at Ten on November 6th

NEW YORK (AP) - Stocks are closing sharply higher on Wall Street as Americans head to the polls in a closely fought U.S. presidential election. The Dow Jones industrial average rose 133 points to close at 13,246 Tuesday. The Standard & Poor's 500 index rose 11 points to 1,428, while the

News Summary: CVS Caremark 3Q profit up 16 pct.

Submitted by Fox First at Ten on November 6th

By The Associated Press HEALTHY QUARTER: Drugstore chain and pharmacy benefits manager CVS Caremark says third-quarter profit climbed 16 percent to $1.01 billion, or 79 cents per share. Revenue jumped 13 percent to $30.2 billion. BOOSTER SHOT: Sales rose due to growth of its Medicare Part D

News Summary: US home prices rise most in 6 years

Submitted by Fox First at Ten on November 6th

By The Associated Press ANNUAL PRICES RISE: U.S. home prices jumped 5 percent in September compared with a year ago, the largest year-over-year increase since July 2006, according to data provider CoreLogic. MONTHLY PRICES DIP: Prices declined 0.3 percent in September from August, the first

Gold, oil, other commodities rise on Election Day

Submitted by Fox First at Ten on November 6th

By SANDY SHOREAP Business Writer The price of gold surged Tuesday as voters cast ballots in the extremely close presidential election. Gold for December delivery increased $31.80, or 2 percent, to finish at $1,715 per ounce, its second consecutive day of gains. Oil jumped 3.6 percent and other

Jordan seeks full gas supply resumption from Egypt

Submitted by Fox First at Ten on November 6th

By JAMAL HALABYAssociated Press AMMAN, Jordan (AP) - Jordan's energy minister arrived in Egypt on Tuesday for two days of talks aimed at resuming natural gas supply to the kingdom, after months of disruption some have blamed on the new, Islamist-led government in Cairo. Concern has been

Dollar and precious metals at a glance

Submitted by Fox First at Ten on November 6th

NEW YORK (AP) - Key currency exchange rates Tuesday, compared with late Monday in New York:

Spain PM: Economic growth in 2014, no bailout yet

Submitted by Fox First at Ten on November 6th

MADRID (AP) - Spain's prime minister says his country won't experience economic growth until 2014 and that he has no immediate plans to ask for a bailout that could trigger purchases of Spanish bonds by the European Central Bank. Mariano Rajoy said in a radio interview Tuesday that Spain