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(AFX UK Focus) 2009-11-05 12:12
STOCKS NEWS US-Dow Chemical revives plan with Shenhua
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U.S. stock market report 0655 EST 05Nov2009-Dow Chemical revives plan with Shenhua ------------------------------------------------------------------------------

Dow Chemical Co and Shenhua Group, China's largest coal miner, will reportedly move ahead with their planned $10 billion coal-to-chemical project in Shaanxi province after a delay of at least one year.

Top executives from the companies, senior officials in Shaanxi province and representatives from the U.S. Embassy in China attended a cornerstone laying ceremony on Nov. 3, the China Chemical Industry News reported on Thursday.

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Shares of Dow closed Wednesday at $23.67.

Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net 0650 EST 05Nov2009-Crude oil falls on stronger dollar ------------------------------------------------------------------------------

December crude futures were down on Thursday, following a strong gain in the previous session as the U.S. dollar firmed.

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The contract fell 0.6 percent to $79.96 per barrel.

Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net 0647 EST 05Nov2009-RIM board OKs $1.2 bln stock buyback program ------------------------------------------------------------------------------

Research in Motion on Thursday said its board authorized a $1.2 billion stock buyback program.

The company will repurchase 21 million common shares under the program, which represents about 3.6 percent of the company's currently outstanding common shares.

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Shares of RIM closed Wednesday at $57.61.

Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net 0642 EST 05Nov2009-Economic indicators for Nov. 5 ------------------------------------------------------------------------------

Economic indicators on tap for Thursday include weekly jobless claims and third-quarter labor cost and productivity data.

In addition, many retailers are scheduled to report their monthly sales data.

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Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net 0632 EST 05Nov2009-Earnings diary for Nov. 5 ------------------------------------------------------------------------------

Companies scheduled to report quarterly results on Thursday include: Sara lee, King Pharmaceuticals, MetroPCS Communications, Starbucks and CBS Corp, among others.

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Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net Keywords: MARKETS STOCKSNEWS

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Re-organisations, re-structurings, name changes, AGM, EGM
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