2ND UPDATE: CHINA APPROVES GLENCORE-XSTATA MERGER WITH CONDITIONS 

Commodities giant Glencore International PLC said Tuesday that it has received final regulatory approval from China for its multibillion-dollar merger with Xstrata PLC after agreeing to dispose of a $5.2 billion Peruvian copper project and agreeing to supply a minimum amount of copper to China over an eight-year period. (published 2311 GMT)

 
 
JAMES HARDIE FACES LEGAL ACTION IN NEW ZEALAND; SHARES HALTED 

James Hardie Industries Ltd. placed its shares in a trading halt Wednesday, pending an announcement about a lawsuit against the building materials company in New Zealand. (published 0017 GMT)

 
 
UPDATE: ALSTOM EXECUTIVE ARRESTED IN U.S. ON BRIBERY CHARGES -JUSTICE DEPARTMENT 

The U.S. Justice Department said it arrested an executive of French engineering firm Alstom SA at New York's John F. Kennedy International Airport Sunday evening, and charged him with participating in a bribery scheme to win business in Indonesia. (published 2253 GMT)

 
 
UPDATE: JUDGE BLOCKS J.C. PENNEY SALE OF SOME MARTHA STEWART-DESIGNED GOODS 

A New York state appeals judge has temporarily blocked J.C. Penney's plan to introduce a line of bedding and other home products designed by homemaking maven Martha Stewart, but sold under another brand name. (published 2338 GMT)

 
 
2ND UPDATE: OUTAGE SNARLS AMERICAN AIRLINES FLIGHTS 

AMR Corp.'s American Airlines canceled or delayed at least 1,950 flights after losing access to a key computer system, a hit to the airline's reputation as it prepares for a complicated merger with US Airways Group Inc. that poses the risk of similar disruptions. (published 2328 GMT)

 
 
LOGITECH FINANCE CHIEF ERIK BARDMAN TO LEAVE FOR ROKU 

Computer-mouse maker Logitech International S.A. said its finance chief, Erik K. Bardman, is leaving the company to join TV set-top vendor Roku. (published 2256 GMT)

 
 
GLASS LEWIS RECOMMENDS METROPCS SHAREHOLDERS VOTE FOR MERGER WITH T-MOBILE 

Proxy adviser Glass Lewis & Co. recommended that MetroPCS Communications Inc. shareholders vote in favor of a merger with T-Mobile USA, shifting course after the terms of the deal were improved. (published 0024 GMT)

 
 
UPDATE: ATLAS PIPELINE TO BUY TEAK MIDSTREAM FOR $1 BILLION 

Atlas Pipeline Partners LP has agreed to acquire Teak Midstream LLC for $1 billion in cash, giving the company an entry point into the liquids-rich Eagle Ford Shale in south Texas. (published 2237 GMT)

 
 
INCITEC PIVOT TO BUILD $850M AMMONIA PLANT IN LOUISIANA 

Incitec Pivot Ltd. said Wednesday it had approved construction of a US$850 million ammonia plant in Louisiana, taking advantage of low energy costs driven by a boom in U.S. shale gas production. (published 2304 GMT)

 
 
LINEAR TECHNOLOGY 3RD-QUARTER PROFIT UP 13% ON REVENUE GROWTH, LOWER TAX PROVISION 

Linear Technology Corp.'s fiscal third-quarter profit rose 13% as the chip manufacturer reported improved revenue and a lower income-tax provision. (published 2130 GMT)

 
 
CIRRUS LOGIC TO RECORD 4TH-QUARTER INVENTORY RESERVE, GIVES WEAK 1ST-QUARTER REVENUE VIEW 

Cirrus Logic Inc., a supplier for Apple Inc., said it expects to record a significant inventory reserve charge in the fourth quarter and that its margins for the period will be weaker than expected. (published 2322 GMT)