Fruit falls

Dole Food shares fell 22 cents, or 1.8 percent, to close at $12.28 in their debut on the New York Stock Exchange yesterday after its IPO priced below expecta tions. Including Dole, 10 of the 17 US-listed IPOs since Labor Day were trading below their offer prices as of the close yesterday, in cluding several that had priced below expecta tions.

M’soft profit

Microsoft’s earnings fell 18 percent for the quarter ended Sept. 30. Microsoft reported profit of $3.57 billion, or 40 cents a share, down from $4.37 billion, or 48 cents a share, a year earlier.

Intel suit

Three of the four FTC commissioners, who opened a formal inquiry into Intel in June 2008, are moving toward filing a com plaint against the chip maker after the Euro pean Union fined it $1.45 billion for engag ing in anticompetitive practices, sources said.

AIG bonuses

AIG authorized the pay ment of previously dis closed bonuses to CFO David Herzog and Kristian Moor, the head of the com pany’s property-casualty division. Herzog will re ceive $1 million and Moor will be paid $1.6 million

CFTC

Commodity Futures Trading Commission Chairman Gary Gensler urged Congress to require thousands of “non- major” financial firms and funds to use clearinghouses to reduce the risk of another market collapse as part of its reform of the $450 tril lion swaps market.