ISM Manufacturing Shows Continued Expansion at 56.2

Oct. 1 (Bloomberg) -- Bloomberg’s Erik Schatzker and Bloomberg Economics Editor Michael McKee report that U.S. manufacturing expanded at a faster pace than forecast in September at a faster pace than forecast as the ISM index unexpectedly rose to 56.2, the strongest since April 2011. He speaks on Bloomberg Television’s “Market Makers.”

UniCredit’s Ghizzoni Survives Calls for Management Shift
46:17 - UniCredit SpA said its board unanimously backs Chief Executive Officer Federico Ghizzoni, rebuffing shareholders who have called for a change in management. The comments came in a regulatory statement Tuesday after Italy’s biggest bank said fourth-quarter profit fell on one-time charges related to the lender’s reorganization and its share of costs for winding down four Italian banks.
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