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Samsung estimates its 3Q operating profit surged 80 percent

SEOUL, South Korea— Samsung Electronics Co. says its third-quarter operating profit surged by 80 percent over a year earlier. In an announcement that beat analysts' expectations, the South Korean smartphone maker said Wednesday that its operating profit for the July-September quarter was 7.3 trillion won. Its operating profit has gained from quarter to...
Source: The Associated Press
FOREX-Yen on the defensive ahead of BOJ, dollar also soft

SYDNEY, Oct 7- The yen nursed losses against most of its peers early on Wednesday and is likely to stay on the defensive in case the Bank of Japan surprises by injecting fresh stimulus after its policy review later in the day. There is some speculation that Governor Haruhiko Kuroda could ease, rather than wait for a more crucial meeting on Oct. 30, when the central bank...
Source: Reuters | By: Ian Chua
4 stocks to watch in fourth quarter

"Fast Money" traders outlined why shares of Paypal and Google umbrella company Alphabet, among others, could go higher this year.
Source: CNBC.com | By: Jacob Pramuk
UPDATE 2-Faint corporate praise for TPP as winners, losers sought

SYDNEY/ WASHINGTON, Oct 6- Early industry reaction to a long-sought trade agreement reached between 12 Pacific Rim countries on Monday amounted to faint praise that it could have been worse and umbrage that the United States appeared to be the biggest winner. U.S. companies including Citibank Inc, Honeywell International Inc and Gap Inc cheered the conclusion...
Source: Reuters | By: Jane Wardell and Krista Hughes
UPDATE 2-Yum shares tumble after warning on China, currency moves

Oct 6- Yum Brands Inc cut its full-year profit forecast, citing a slower-than-expected recovery in its key market of China and a heavier drag from the strong U.S. dollar, sending its shares down 17.5 percent in after-hours trading on Tuesday. China is Yum's biggest market for profit and sales, and its challenges there appear to be changing from improving its...
Source: Reuters | By: Lisa Baertlein
How the Dow Jones industrial average fared on Tuesday

U.S. stocks closed mostly lower Tuesday after five straight days of gains. DuPont and energy companies rose sharply, but the overall market was weighed down by health-care stocks, especially biotechnology companies. The Dow Jones industrial average rose 13.76 points, or 0.1 percent, to close at 16,790.19.
Source: The Associated Press | By: By The Associated Press
UPDATE 1-Yum China 3rd qtr restaurant sales up far less than expected, shares tumble

Oct 6- Yum Brands Inc said on Tuesday sales at established restaurants in its top market of China rose far less than expected for the third quarter, sending its shares down more than 17 percent in extended trading. China is Yum's biggest market for profit and sales, and its challenges there appear to be changing from reputational to economic.
Source: Reuters | By: Lisa Baertlein
TREASURIES-U.S. bond prices rise on growth worries

*Treasury sells $24 billion in 3- year note auction. The Treasury Department will sell $21 billion in 10- year notes on Wednesday and $13 billion in 30- year bonds on Thursday. An earlier bout of selling had pushed yields higher but they later fell as prices rose after International Monetary Fund downgraded its forecast on global growth for the second time this...
Source: Reuters | By: Tariro Mzezewa
US STOCKS-Wall St dips as third-quarter earnings season kicks off

*IMF cuts global growth view for second time. *Pfizer, Merck drag down S&P health index. Oct 6- U.S. stocks fell on Tuesday, ending a five-day winning streak, as investors focused on upcoming quarterly reports that are expected to reflect a dip in corporate earnings.
Source: Reuters | By: Noel Randewich
Gold gains 1% on softer dollar, views on Fed rate outlook

Gold rose to its highest in nearly two weeks on Tuesday as the dollar fell in the wake of disappointing U.S. economic data.
Source: Reuters