TOP STORIES 
 
SABMILLER REJECTS $104 BILLION AB INBEV PROPOSAL 

SABMiller rejected a takeover proposal from Anheuser-Busch InBev that valued it as high as $103.88 billion, the latest salvo in what is quickly becoming a tense negotiation between the world's No. 1 and No. 2 brewers.

BEN BERNANKE SAYS FED FACES A 'TOUGH CALL' ON INTEREST RATES 

Former Fed Chairman Ben Bernanke said it will take a few months to gauge how much international events are affecting an otherwise growing U.S. economy-complicating the Fed's decision on raising interest rates.

U.S. STOCKS GIVE UP GAINS AS OIL RETREATS 

U.S. stocks gave up their gains Wednesday after oil prices retreated in the wake of disappointing inventory data.

VW TO LAUNCH RECALL IN JANUARY 

Volkswagen in January will launch a massive recall of its diesel-powered cars affected by its emissions test scandal. The recall is expected to be completed by the end of 2016, its chief executive said.

MONSANTO TO CUT 2,600 JOBS IN RESTRUCTURING 

Biotech seed giant Monsanto said it planned to restructure and cut about 2,600 jobs as its loss widened in its latest quarter, hurt again by weaker corn-seed sales.

MOODY'S BACKS TRIPLE-A RATING ON U.S. 

Moody's affirmed the U.S. government's pristine triple-A credit rating Wednesday but warned that uncertainty could be stirred by rough-and-tumble politics.

FTC LIKELY TO DELAY DECISION ON STAPLES, OFFICE DEPOT MERGER 

The FTC's timeline for deciding whether to allow Staples' takeover of Office Depot is likely to be delayed as European officials conduct their own investigation into the deal.

FANDUEL BANS EMPLOYEES FROM PLAYING DAILY FANTASY CONTESTS FOR MONEY 

FanDuel, one of the biggest daily fantasy-sports sites in the U.S., said it is permanently banning its employees from playing in daily fantasy contests for money and is asking a former U.S. Attorney General to review the company's processes.

TECH STARTUP PURE STORAGE TRADES BELOW IPO PRICE IN MARKET DEBUT 

Flash-storage company Pure Storage opened below its initial public offering price on Wednesday, signaling that a difficult summer for tech IPOs may be seeping into the fall.

GOLDMAN TREASURER LIZ BESHEL ROBINSON TO RETIRE 

Goldman Sachs Group Inc. said Liz Beshel Robinson, the Wall Street firm's treasurer, will retire at the end of the year.

FRANCO-NEVADA ACQUIRES SILVER FROM TECK'S ANTAMINA MINE 

Franco-Nevada said Wednesday it had agreed to buy a portion of silver production from Teck Resources' Antamina copper and zinc mine in Peru for $610 million.

NU SKIN SHARES DROP SHARPLY 

Shares in Nu Skin Enterprises tumbled 25% to the lowest level in about four years after the company slashed its sales outlook, citing weakness in China and adverse exchange rates.

CANADIAN OIL SANDS ADOPTS POISON PILL IN WAKE OF HOSTILE SUNCOR BID 

Canadian Oil Sands adopted a poison pill antitakeover measure two days after Suncor Energy launched a hostile bid for the company.

SUNEDISON PROMISES NEW STRATEGY 

SunEdison, the big solar-power developer whose stock has fallen abruptly out of favor with investors, tried to woo them back Wednesday with promises to revamp its business strategy.

PANDORA TO BUY TICKETFLY FOR $450 MILLION 

Web radio service Pandora Media has agreed to acquire ticket seller Ticketfly in a deal valued at $450 million.

SAMSUNG EXPECTS EARNINGS REBOUND POWERED BY CHIPS 

Samsung's upbeat third-quarter guidance highlights how its components arm has become a key driver of growth, but even that business faces headwinds as the global supply of chips appears set to outpace demand.

FREEPORT ADDS 2 ICAHN DIRECTORS 

Freeport-McMoRan added two new board members through an agreement with Carl Icahn, a day after the struggling company reduced its number of directors by 44%.

IRAN'S SUPREME LEADER BARS FURTHER TALKS WITH U.S. 

Nuclear deal signed in July had raised hopes of further talks to tackle crises in Iraq, Syria and elsewhere in the Middle East.

RUSSIA BUILDS UP GROUND FORCES IN SYRIA ALONGSIDE AIRSTRIKES 

Russia has built up a battalion-sized ground force inside Syria with rocket artillery and its most advanced tanks, the U.S. said, while Moscow announced its first airstrikes launched from sea.

APPLE SUPPLIER MURATA TO EXPAND DESPITE SLOWDOWN TALK 

Apple parts supplier Murata Manufacturing said it would build a new, $100 million factory in Japan, defying widespread worries a slowdown in China's economy could damp smartphone sales.

 
 
 
  ======= DOW JONES NEWSWIRES ANALYSIS AND COMMENTARIES ======= 
 
 
World News 
IMF: EMERGING-MARKET WOES RISK TRIGGERING ASSET FIRE SALES 
 

Financial turmoil in emerging markets risks hitting global economic growth and triggering asset fire sales world-wide, especially if the U.S. Federal Reserve raises interest rates prematurely, the IMF said.

 
Wealth Management Journal 
BROKERS ANSWER THE ENTREPRENEURIAL CALL 
 

The chance to own equity in a young business is enticing, especially to advisers who saw big-brokerage shares hammered in the financial crisis.

(END) Dow Jones Newswires

October 07, 2015 13:00 ET (17:00 GMT)

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