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Manufacturing

US auto sales rise in September

According to a report by Autodata Corp., auto sales in United States rose 10 percent in September compared to same month last year.

Acuity Brands announces quarterly dividend

Acuity Brands, Inc.'s board of directors have declared quarterly dividend of 13 cents per share.

These will be payable on November 1, 2011 to shareholders of record on October 18, 2011.

Court turns down Saab's plea for bankruptcy protection

Saab, the struggling Swedish automaker could face bankruptcy, after its request to seek government protection from its creditors was rejected by a local court Thursday.

Exxon strikes oil deal with Russia

Exxon Mobil and Russian oil firm Rosneft and have agreed to start joint operation on the Arctic Sea shelf and in the deep waters of the Black Sea in Russia.

Winn-Dixie's Q4 net income slumps

The U.S. super market chain Winn-Dixie Stores, Inc., has posted a fall in sales for fourth quarter.

Affected by inflationary increases that were passed to customers through select categories, net sale

Del Monte to webcast Q1 2012 results on Sept. 9

Del Monte Corporation has announced it will will host a conference to discuss its fiscal 2012 first quarter results.

This conference will be webcast live on Friday, Sept. 9, 2011 at 8:00 am. PT.

Hovnanian Enterprises to release Q3 results on Sept. 7

Hovnanian Enterprises, Inc., a leading national homebuilder, will release its quarterly results for the quarter ended July 31, 2011 on Sept. 7, 2011.

Further, the company will webcast its conference call slide presentation live at 11:00 a.m.

Toyota unveils redesigned, fuel-efficient 2012 Camry

Toyota Motor Corp. has unveiled the new 2012 Camry which is claimed to have better millage and new features.

Gap expanding to Vietnam and Guam

In an attempt to expand its business globally, Gap Inc. is gearing up to open its first stores in Vietnam and Guam through its franchise model.

While the first store in Vietnam will open in the month of October, it will be followed by the first

Omnicare proposes to buy PharMerica's outstanding shares

In a bid to purchase all outstanding shares of PharMerica common stock for $15.00 per share in cash, Omnicare, Inc. has sent a letter to PharMerica Corporation. Inclusive of PharMerica's net debt, the transaction is valued at $716 million.

The all cash proposal is a 37.2 percent premium over PharMerica's closing stock price on Aug.

Ruddick Corp. announces Q3 results

Ruddick Corporation, a holding company with two primary operating subsidiaries, has announced that its sales in the third quarter ended July 3, 2011 rose 8.1 percent to $1.19 billion.

The sales in the third quarter of fiscal 2010 were $1.10 billion.

Peabody Energy to launch Leaders in Education program

Peabody Energy, world's biggest private-sector coal company and a global leader in clean coal solutions, will soon be introducing its 'Leaders in Education' program in the communities around several of the company's workplace including Illinois,Indiana and Wyoming.

In partnership with Logos School , the leaders program is said to have been developed in Missouri in