American Airlines to book gain from ARINC sale

(Reuters) - The sale of its stake in ARINC, a provider of transportation communications and systems engineering, is expected to close by Oct. 31.



) Keywords: AMR ARINC/


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UPDATE 2-US private sector adds 150,000 jobs in June-report

(Reuters) - Over the three months ending in June, estimated job growth
in the report has averaged about 103,000, said ADP Employer
Services, whose employment report was jointly developed with
Macroeconomic Advisers LLC.




The consensus estimate of 23 economists surveyed by Reuters
was for the ADP report to show 100,000 new private sector jobs
in June.


Read more at Reuters.com Economic News

TREASURIES-Bonds fall on lower European debt, ADP jobs data

(Reuters) - NEW YORK, July 5 - U.S. Treasury debt prices fell
on Thursday, following the lead of weaker euro zone debt and
after stronger-than-expected data on jobs gave a boost to
investor forecasts for Friday's non-farm payrolls report.




Euro zone debt fell on Thursday before an interest rate
decision by the European Central Bank, which, as expected left
rates on hold at 4 percent.


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Rite Aid June same-store sales up 0.7 percent

(Reuters) - Pharmacy same-store sales rose 0.6 percent and same-store sales of general merchandise such as food, snacks and cosmetics rose 1.1 percent.



Total drugstore sales for the four weeks ended June 30 jumped 54.8 percent to $2.08 billion, aided by the June 4 acquisition of the U.S. Eckerd and Brooks chains from Canada's Jean Coutu Group Inc. . The Brooks and Eckerd stores were excluded from the same-store sales results.


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UPDATE 1-U.S. mortgage applications little changed - MBA

(Reuters) - The Mortgage Bankers Association said its mortgage
applications index rose 0.1 percent to a seasonally adjusted
619.4 in the week ended June 29, nearing its lowest level since
mid-February.




The MBA's purchase index rose 2.0 percent to 437.3.


Read more at Reuters.com Bonds News

Barloworld to issue sub-divided stock to shareholders

(Reuters) - South African industrial group Barloworld will distribute 1.8555 PPC subdivided shares for every one ordinary share held by its shareholders, it said on Thursday.

The share subdivision follows plans by Barloworld to spin-off subsidiary Pretoria Portland Cement Company Ltd. (PPC), which the firms have previously said would be done by July 16, subject to regulatory approvals.


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Lead hits new high as supply tightens

(Reuters) - Industrial metal lead hit a fresh high of more than $2,900 per tonne on Thursday, taking its gains since the start of the year to over 72 percent.

Other metals on the London Metal Exchange were steady, which supported mining shares on the London stock market.


Read more at Reuters Africa