IBT Staff Reporter

Vitamin Shoppe Inc and Addus HomeCare Corp are expected to price their initial public offerings on Tuesday after the bell, seeking to break what has been a streak of disappointing IPOs by companies owned by private equity.

Robert McCann, the new head of the battered U.S. wealth management unit of Swiss bank UBS AG , said he aims to stem client withdrawals and has no plans to sell the business.

NASA's Ares 1-X launch has been rescheduled for Wednesday morning after a series of delays that delayed the planned lift-off before noon.

The Dow and S&P rose on Tuesday as stronger-than-expected earnings at BP Plc lifted energy shares, but weak U.S. consumer confidence data weighed on stocks.

Investors are shunning European bank shares after an EU-imposed break-up and retrenchment of Dutch ING Groep sparked fears Belgium's KBC and UK peers face tougher-than-expected sanctions in return for state aid.

U.S. consumer confidence deteriorated sharply in October as the worst job market in a quarter century heightened concerns about the future, more than outweighing modest improvements in the housing sector.

Demand for lithium should ramp up over the next decade to produce the lithium-ion batteries needed to power the next generation of electric and electric hybrid vehicles.

The top U.S. securities regulator said she was looking for ways to crack down on naked access, the practice of brokers giving high-frequency traders unfettered access to public markets.

U.S. manufacturers of business jets, farm machinery and trucks reported earnings on Tuesday that provided fresh hope the economy may be stabilizing as once-crippled credit markets start to mend.

The Dow and S&P indexes rose on Tuesday as earnings at BP Plc lifted energy shares, but results at Chinese Internet search giant Baidu.com and weaker-than expected consumer confidence data pushed the Nasdaq lower.

The Gloved One looks likely to have a posthumous hit at the box office this weekend.

China Unicom said on Monday it will limit the sales for the long-awaited iPhone on October 30, the first day the eagerly sought Apple handset is due to go on sale nationwide in China.

U.S. steelmakers reported better-than-expected third-quarter results on Tuesday but they restated their gloomy short-term views for the industry and the economy and their shares fell.

A mob of angry parents lynched a book salesman and badly injured four of his colleagues after rumors spread that the men were part of a human smuggling ring, the official Xinhua agency said late Monday.

Troubled lender Amcore Financial Inc posted a seventh straight quarterly loss, hurt by higher provisions, and said it was significantly undercapitalized, sending its shares down 42 percent.

Wall Street analysts on Tuesday cut their price targets on Baidu Inc, after China's dominant search engine forecast a sequential decline in fourth-quarter revenue due to the transition to a new Internet advertising technology.

Japan's Honda Motor Co exuded optimism while Germany's Daimler AG spread gloom about the outlook for car markets on Tuesday, highlighting the patchy nature of any post-crisis rebound.

Britain will damage its economy if it does not follow France and clamp down on Internet piracy, the boss of entertainment and telecoms group Vivendi said on Tuesday.

Algerian state-owned telecoms firm Algerie Telecom will spend $6 billion to upgrade its fixed-line and mobile operations over the next five years, the firm's deputy chief executive told Reuters on Tuesday.

Billionaire investor Carl Icahn said on Tuesday he will offer to smaller holders of CIT Group's debt short-term protection against the value of the debt declining, if investors back his alternative restructuring of the beleaguered lender.

Hospital products and generic drugmaker Hospira Inc on Tuesday said quarterly net earnings rose 42 percent, fueled by a new product launch, and it raised its full-year profit forecast.

DineEquity Inc, parent of the IHOP and Applebee's restaurants, posted a higher-than-expected quarterly profit, helped by lower borrowing costs and falling food prices.

Automotive chassis maker Spartan Motors Inc posted a quarterly profit in line with expectations as revenue fell 62 percent.

Bank of New York Mellon Corp sees more acquisition opportunities in Europe than in Asia, the head of the world's largest custodian of financial assets said on Tuesday.

Japanese banks Sumitomo Trust and Chuo Mitsui Trust Holdings are in merger talks, two sources familiar with the matter said on Tuesday, bringing together two struggling trust banks to better compete in Japan's lucrative asset management industry.

Police have arrested two suspects in connection with the gang rape of a bay area teenager who was brutally raped after her homecoming dance in Richmond on Saturday, ABC reported.

Shares in Dutch bancassurer ING Group NV fell for a second day on Tuesday, as analysts said a pending 7.5 billion euro rights issue was likely to result in a 50 percent dilution for current shareholders.

U.S. Steel Corp posted a third straight quarterly loss on Tuesday, but it was narrower than Wall Street expected as the company shipped more steel than in the previous quarter in a possible sign demand is coming back from the economic downturn.

U.S. stocks fell in choppy trading on Tuesday as a worse-than-expected consumer confidence report overshadowed earlier data that showed home prices rose for the fourth-straight month.