Finance Yard

LOS ANGELES (MarketWatch) — Nissan Motor Co. plans to more than double its production capacity in China with the opening of a new joint-venture assembly facility next month, according to a report Tuesday. The opening of South China plant, to be jointly run with Dongfeng Motor Corp. , comes as Nissan’s current plants in Huadu [...]

SAN FRANCISCO (MarketWatch) — Hurricane Earl is now a category 4 hurricane, the National Hurricane Center said Monday afternoon in its latest weather advisory. The storm, moving away from the Virgin Islands, is located now about 110 miles northeast of San Juan, Puerto Rico. The government has lifted a hurricane watch for Puerto Rico, keeping [...]

SAN FRANCISCO (MarketWatch) — Winn-Dixie Stores late Monday reported its fourth-quarter net income rose to $14 million, or 25 cents a share, from $9.4 million, or 17 cents a share, in the same quarter last year. Revenue edged up 1.8% to $1.75 billion while same-store sales fell 5.2% in the quarter which the retailer blamed [...]

LOS ANGELES (MarketWatch) — Oil for October delivery finished lower on Monday, tracking a drop in equities as investors moved cautiously ahead of key data this week that may further underscore economic weakness. Oil fell 0.6% to $74.70 a barrel from Friday’s close at $75.17 a barrel. In the previous week, oil prices advanced nearly [...]

SAN FRANCISCO (MarketWatch) — Gold futures ended with mild gains Monday, as investors bought up bullion on the dips and looked ahead to economic data that’s likely to spell a sluggish recovery for the economy — a scenario that could make a safe-haven asset like gold more valuable. Gold for December delivery closed floor trading [...]

NEW YORK (MarketWatch) — Dominion Resources and Sara Lee plan to sell debt on Monday, pushing the month’s corporate bond sales over the $80 billion mark, according to Informa Global Markets. Dominion, an energy producer and transporter, is expected to issue $250 million in 5-year bonds to redeem debt. Food giant Sara Lee is offering [...]

SAN FRANCISCO (MarketWatch) — National Oceanic and Atmospheric Administration on Monday upgraded Hurricane Earl to a category 3 storm with maximum sustained winds of near 120 miles per hour. The NOAA expects Earl to strengthen as it moves in the west-northwesterly direction with the center of the storm to pass near or over the northernmost [...]

FRANKFURT (MarketWatch) — Safran SA said Monday it’s not in the process of preparing an offer for Zodiac Aerospace , responding to press speculation. “Safran indicates that there have been no new developments since the previous press release,” the firm said. In July, Zodiac rebuffed an approach by Safran. Shares of Zodiac rallied 11% on [...]

SAN FRANCISCO (MarketWatch) — Canadian markets rose Monday boosted by metals and financial stocks. The S&P/TSX Composite Index advanced 28 points, or 0.2%, to 11,908 in recent activity. The S&P/TSX Capped Diversified Metals and Mining Index rose 15 points, or 1.6%, to 947, and the S&P/TSX Capped Financial Index increased 0.4% to 169. Read the [...]

SAN FRANCISCO (MarketWatch) — QLogic Corp. shares are up 2.5% on Monday after the company announced an increase in its stock repurchase program. The networking company said its board has authorized the buyback of an additional $200 million of its common stock over two years. Shares of QLogic were up 38 cents to $15.19 in [...]