Saturday, April 30, 2016

Detroit schools can't meet payroll after June 30 - report

April 30 (Reuters) - The emergency manager for the

cash-strapped Detroit Public Schools said on Saturday the

district would run out of money to pay employees after the

fiscal year wraps up on June...

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Buffett says hedge funds are a bad deal for investors

April 30 (Reuters) - Warren Buffett nibbled on sweets during

his presentation to shareholders on Saturday but he took a bite

out of hedge fund managers.

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UPDATE 1-Buffett, Munger slam Valeant; drugmaker turned into 'a sewer'

NEW YORK, April 30 (Reuters) - Warren Buffett and Charlie

Munger made clear that they are no fans of embattled drugmaker

Valeant Pharmaceuticals International Inc .

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Buffett says would pursue big Berkshire stock buyback if warranted

OMAHA, Neb., April 30 (Reuters) - Warren Buffett on Saturday

said the odds were "extremely high" that his Berkshire Hathaway

Inc would buy back "a lot" of its stock if the price

fell below 1.2 times...

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Buffett, Munger slam Valeant; drugmaker turned into 'a sewer'

NEW YORK, April 30 (Reuters) - Warren Buffett and Charlie

Munger made clear that they are no fans of embattled drugmaker

Valeant Pharmaceuticals International Inc .

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BRIEF-Smart Employee Benefits Q1 revenue increased 107.1 % to $23.4 mln

* Q1 revenue increased by 107.1 % to $23.4 million

Source text for Eikon:

Further company coverage:

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Friday, April 29, 2016

BRIEF-Margaux Resources withdraws letter of intent on Jersey emerald property

* Margaux resources announces withdrawal of letter of intent

regarding the jersey emerald property

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BRIEF-Interval Leisure Group says brief delay in closing of Vistana Signature Experiences deal

* Interval leisure group and starwood hotels and resorts

worldwide provide update on acquisition of vistana signature

experiences

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Airbus grounds Super Puma helicopters after Norway crash

PARIS, April 30 (Reuters) - Airbus Helicopters said

all commercial passenger flights of helicopters similar to the

Super Puma that crashed off Norway on Friday have been

suspended.

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DIARY-Top Economic Events to May 12

Major central bank events

** This Diary is filed daily **

-------------------------------------------------------------

SUNDAY, MAY 1

AMELIA ISLAND, United States - Federal Reserve...

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DIARY-Emerging Markets Economic Events to May 12

** This Diary is filed daily ***

---------------------------------------------------------------

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BRIEF-Moody's says Alere's receipt of lender approval for amendment is a positive development

* Alere's receipt of lender approval for amendment and

waiver is a positive development; ratings unaffected

Source text (http://bit.ly/1VYiBej)

(Bengaluru Newsroom; +1 646 223 8780; )

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RPT-US Dept. of Justice investigating Dole after deadly Listeria outbreak

LOS ANGELES, April 29 (Reuters) - Dole Food Company Inc

on Friday said the U.S. Department of Justice is

investigating a deadly Listeria monocytogenes outbreak linked to

packaged salad products from...

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BRIEF-First Cash Financial says Cash America merger termination fee $30 mln

* If merger terminated, termination fee of $30 million may

be payable by either co or Cash America to other party

Source text for Eikon:

Further company coverage:

(Bengaluru Newsroom:...

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BRIEF-Iac/Interactive Corp chairman Barry Diller's 2015 total compensation $15.9 mln

* Chairman Barry Diller's 2015 total compensation was $15.9

million - sec filing

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BRIEF-Ollie's Bargain Outlet files for common stock offering

* In the common stock offering, selling stockholders

offering 10.0 million shares of co's common stock

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BRIEF-Pinetree Capital names Peter Tolnai CEO

* Announces closing of rights offering, board and management

changes

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U.S. dollar net short position hits highest in more than 3 years-CFTC, Reuters

April 29 (Reuters) - Speculators' bearish bets on the U.S.

dollar hit their largest since February 2013, boosted by

expectations that the Federal Reserve will take its time in

raising interest rates...

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UPDATE 1-Phillips 66 expects better gasoline margins in summer

HOUSTON, April 29 (Reuters) - Independent refiner Phillips

66 is looking to a buoyant summer driving season and

distillate export demand to lift profits squashed by swollen

inventories and dismal...

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BRIEF-Golconda Resources says board has resolved to proceed with dissolution

* More than 98 pct of common shares of at special meeting

voted in favour of special resolution to voluntarily dissolve

corporation

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OHL Mexico board chairman steps down

MEXICO CITY, April 29 (Reuters) - The Mexican unit of

Spanish construction firm OHL said on Friday its board chairman

Jose Andres de Oteyza was stepping down and would be replaced by

Juan Luis Osuna,...

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TransCanada says Keystone maintenance will not affect May volumes

CALGARY, Alberta, April 29 (Reuters) - TransCanada Corp

said on Friday maintenance planned for the 590,000

barrel per day Keystone pipeline in May will not impact its

ability to ship contracted...

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Peru cenbank expects CPI to rise by less than 0.10 pct in April

LIMA, April 29 (Reuters) - Peru's central bank president

Julio Velarde said on Friday that the consumer price index

will likely rise by less than 0.10 percent in April,

marking the smallest increase...

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BRIEF-Royal Caribbean CEO Richard Fain on CNBC - "I think the approvals (for Cuba cruises) will be forthcoming relatively soon"

* Royal Caribbean CEO Richard Fain on CNBC - "I think the

approvals (for Cuba cruises) will be forthcoming relatively

soon"

(Bengaluru Newsroom +91 80 6749-1130; within U.S. +1 646 223

8780)

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BRIEF-Kellogg announces plans for 4 pct dividend increase beginning with Q3 of 2016

* Kellogg company declares regular dividend of $0.50 per

share and announces plans for 4% dividend increase

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Canada reports modest budget surplus for February

TORONTO, April 29 (Reuters) - Canada reported a modest

budget surplus of C$3.2 billion ($2.56 billion)in February, the

federal government said on Friday.

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BRIEF-Occidental Petroleum names Vicki Hollub CEO

* Occidental Petroleum names Vicki A. Hollub chief executive

officer

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BRIEF-Quebec regulator receives Valeant request to lift cease-trade order

April 29 (Reuters) - Valeant Pharmaceuticals International

Inc has requested that Quebec securities regulator

Autorite des Marches Financiers lift its cease-trade order

against directors and key...

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BRIEF-GTT Communications CEO's 2015 total compensation of $6 mln vs $4.3 mln in 2014

* CEO Richard D. Calder, Jr 2015 total compensation of $6

million versus $4.3 million in 2014 - SEC Filing

Source text (http://1.usa.gov/1r27MLt)

Further company coverage:

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BRIEF-Tuscany qtrly loss per share $0.05

* Tuscany reports financial and operating results for the

year ended december 31, 2015

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BRIEF-Blue Ridge Bankshares Inc Q1 EPS $0.37

* Blue ridge bankshares, inc. Releases 2016 1st quarter

results

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BRIEF-Advanced Accelerator Applications reports 26.8 pct sales growth in 2015

* Advanced accelerator applications reports 26.8% sales

growth in 2015 and continues to show significant clinical

progress across both therapeutic and diagnostic platforms

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BRIEF-First Niagara Financial Group reports Q1 GAAP EPS $0.11

* Q1 earnings per share view $0.14 -- Thomson Reuters

I/B/E/S

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UPDATE 1-Embraer earnings rebound, but business jet discounts weigh

SAO PAULO, April 29 (Reuters) - Brazil's Embraer SA

, the world's third-largest commercial planemaker,

posted a strong rebound in net income on Friday, although heavy

discounting on business jets...

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Rovi to buy DVR maker TiVo in $1.1 bln deal

April 29 (Reuters) - Digital entertainment guide provider

Rovi Corp said on Friday it would buy TiVo Inc

, which makes digital-video recorders, in a deal valued

at about $1.1 billion.

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UPDATE 1-Norway's Telenor CFO, legal director resign over Vimpelcom case

OSLO, April 29 (Reuters) - The chief financial officer and

legal director of Norwegian telecoms firm Telenor have

resigned after a report by auditing firm Deloitte found

weaknesses in the company's...

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BRIEF-AstraZeneca CEO sets high bar for M&A, no comment on Medivation

* AstraZeneca CEO says some jobs to go in cost cutting,

minimal cuts in UK

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Sterling soars to 12-week high as investors dump dollars

LONDON, April 29 (Reuters) - Sterling hit its strongest in

12 weeks against the dollar on Friday, as investors sold the

greenback on the back of a cautious tone on future interest

rates from the U.S....

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IAG and Restaurant Group weigh on European equities

LONDON, April 29 (Reuters) - European equities fell sharply

on Friday and headed for their biggest weekly decline in one

month, with the travel and leisure stocks leading the market

lower after...

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BRIEF-Boeing to deliver six 777-300ers and 20 next-generation 737-800s to Turkish Airlines

* Boeing set to deliver record number of airplanes to

Turkish Airlines

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BRIEF-North Atlantic Drilling extends $2.0 bln credit facility

* North Atlantic Drilling Limited, a majority owned

subsidiary of Seadrill Limited, announces today that it has

reached agreement with its banking group to extend its US$2.0

billion credit facility...

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European Factors to Watch-Shares seen lower, focus on earnings

LONDON, April 29 (Reuters) - European equities headed for a

lower start on Friday, tracking losses on Wall Street and in

Asia, with investors focusing on company results for hints about

the market's...

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BRIEF-Nanoco Group says to get first royalty payment from Dow

* Announce that it has been notified of its first royalty

payment from Dow Chemical Company following sales during first

three months of 2016 of nanoco cadmium-free quantum dots from

dow's plant in...

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Thursday, April 28, 2016

BRIEF-Ion Geophysical announces successful completion of exchange offer, consent solicitation relating to its 8.125% senior secured second priority notes due 2018

* Ion announces successful completion of exchange offer and

consent solicitation relating to its 8.125% senior secured

second priority notes due 2018

Source text for Eikon:

Further company...

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BRIEF-Cloud Peak Energy Q1 loss per share $0.59

* Cloud Peak Energy Inc announces results for the first

quarter of 2016

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TREASURIES-U.S. bonds rise as weak growth stokes doubts on rate hikes

* U.S. Q1 GDP growth disappoints, jobless claims rise

* Shorter maturities hold firm on gradual U.S. rate-hike

view

* Surprise BOJ inaction stokes safehaven bids for bonds

* U.S. sells...

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BRIEF-Potash Corp of Saskatchewan not considering selling phosphate business -CEO

* CEO Jochen Tilk said in an interview that the company is

not actively looking to sell its phosphate business

Further company coverage:

(Reporting By Rod Nickel)

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U.S. crude armada swells in the Caribbean as PDVSA faces port delays

HOUSTON, April 28 (Reuters) - Three tankers waiting to

discharge some 1.65 million barrels of U.S. crude at the

Caribbean island of Curacao will soon be joined by another 1.1

million barrels under...

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BRIEF-Southern National Bancorp Of Virginia posts qtrly EPS of $0.21

April 28 (Reuters) - Southern National Bancorp Of Virginia

Inc :

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UPDATE 3-Comcast to buy DreamWorks Animation for $3.8 billion

April 28 (Reuters) - Comcast Corp, the owner of

NBCUniversal, said on Thursday it would buy Hollywood studio

DreamWorks Animation SKG Inc for $3.8 billion to boost

its family-friendly offerings and...

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Brazil prosecutors charge Rousseff campaign strategist

CURITIBA, Brazil, April 28 (Reuters) - Brazilian prosecutors

have filed unspecified charges against political strategist Joao

Santana, the architect of President Dilma Rousseff's 2010 and

2014...

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BRIEF-Silver Bear Resources enters into non-binding term sheet for Mangazeisky silver project debt funding package

* Silver bear announces entering into non-binding term sheet

for mangazeisky silver project debt funding package

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FCC advances reform of U.S. business data market

WASHINGTON, April 28 (Reuters) - The U.S. Federal

Communications Commission on Thursday voted to advance reforms

of the $40 billion market for business data services, known as

special access lines,...

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BRIEF-VOXX International completes refinancing of credit facilities

* Voxx international corporation completes refinancing of

credit facilities

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Portugal's 10-year bond yield reverses falls on court's Novo Banco decision

LONDON, April 28 (Reuters) - Portugal's 10-year bond yield

reversed falls on Thursday after reports that a Lisbon court

has provisionally suspended a central bank decision to transfer

bonds from...

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Bilfinger nears decision on Building and Facility unit -sources

FRANKFURT, April 28 (Reuters) - German engineering services

group Bilfinger is nearing a decision on the future of

its Building and Facility unit after the field of serious

contenders has narrowed to...

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FOREX-Dollar nurses losses against yen after BOJ holds policy steady

* Kiwi jumps after RBNZ also skips chance to cut rates

(Updates prices, adds comments; changes byline, dateline, pvs

LONDON)

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UPDATE 3-Potash Corp cuts 2016 profit forecast, dividend seen at risk

* Shares drop 2 percent

(Recasts with focus on dividend, shareholder and analyst

comments)

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TREASURIES-U.S. longer-dated bonds fall as inflation accelerates

* U.S. Q1 GDP growth disappoint, jobless claims rise

* Shorter maturities hold firm on gradual U.S. rate-hike

view

* Surprise BOJ inaction stokes safehaven bids for bonds

* U.S. to sell...

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BRIEF-Lehman Brothers Trustee announces plans for additional distribution

* Lehman Brothers Trustee says if approved by court,

distribution would bring cumulative payout to unsecured general

creditors to 38 percent

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BRIEF-Virgin America posts Q1 EPS of $0.41 excluding items

* Says Q1 2016 passenger revenue per available seat mile

(PRASM) decreased 3.8 percent compared to Q1 of 2015, to 9.88

cents

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UPDATE 1-China Eastern orders 35 wide-body jets

BEIJING, April 28 (Reuters) - China Eastern Airlines

on Thursday placed an order for 35 wide-body jets

from Boeing Co and Airbus Group, as the

Shanghai-based carrier continues to build its long-haul...

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BRIEF-Cypress CEO T.J. Rodgers to step down

* Cypress Semiconductor Corp says its CEO, T.J. Rodgers ,

will step down this week

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UPDATE 2-Retail focus helps to shield Lloyds from banking chill

* Sale of government shares seen resuming this year

(Adds shares, analyst comment)

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BRIEF-Mednax Q1 adjusted earnings per share $0.87

* Q1 earnings per share view $0.86 -- Thomson Reuters

I/B/E/S

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Volkswagen says not in talks with Apple or Google

WOLFSBURG, Germany April 28 (Reuters) - Volkswagen

Chief Executive Matthias Mueller said the carmaker

is in talks with external partners to start new digital mobility

businesses but added these...

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MOVES- MSCI, Liquidnet

April 28 (Reuters) - The following financial services

industry appointments were announced on Thursday. To inform us

of other job changes, email moves@thomsonreuters.com.

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MOVES-MSCI names Honeywell's Kathleen Winters as CFO

April 28 (Reuters) - Index provider MSCI Inc said

Kathleen Winters would replace Bob Qutub as chief financial

officer, effective May 2.

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China's BYD predicts 5-fold jump in H1 profit on green-car boom

BEIJING, April 28 (Reuters) - Chinese automaker BYD Co Ltd

, backed by Warren Buffett's Berkshire

Hathaway Inc, forecast on Thursday a five-fold jump in

first-half net profit, citing strong demand...

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GLOBAL MARKETS-Japanese stimulus inaction sends yen soaring

* Dollar/Yen slumps almost 3 percent as BOJ dashes stimulus

hopes

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MEG Energy reports quarterly profit helped by cost cuts

April 28 (Reuters) - Canadian oil sands producer MEG Energy

Corp reported a quarterly profit, compared with a loss

a year earlier, as cost cuts helped cushion the impact of a

slump in oil prices.

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Government may have to do more to help Tata find buyer for UK assets-CEO

LONDON, April 28 (Reuters) - The British government will

probably have to do more to help India's Tata Steel to find a

buyer for its steel plants in the country, Bimlendra Jha, the

chief executive of...

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IFC arranges $375 mln in financing to boost Iraq's power sector

DUBAI, April 28 (Reuters) - International Finance

Corporation (IFC), the World Bank's private sector

investment arm, said on Thursday it had arranged $375 million in

financing for an Iraqi power...

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UPDATE 4-Yen soars, stocks slump as BOJ holds policy, pushes back inflation target

* BOJ cuts inflation f'casts in quarterly review

* Keeps base money target, negative rate unchanged

* BOJ expects 2 pct inflation to be hit "during" FY 2017/18

* BOJ adopts loan scheme to...

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BRIEF-TSMC orders machinery equipment from Applied Materials

April 28 (Reuters) - Taiwan Semiconductor Manufacturing Co

Ltd

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Wednesday, April 27, 2016

REUTERS INSIDER LIVE-Watch BOJ governor's press conference (Japanese only)

Bank of Japan Governor Haruhiko Kuroda delivers his

post-policy meeting press conference. Japanese language only.

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JGBs mostly firm after BOJ holds steady

TOKYO, April 28 (Reuters) - Japanese government bonds mostly

gained on Thursday, with the superlong zone rallying after the

Bank of Japan opted to hold policy steady instead of easing

further as some...

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BRIEF-Shandong Tyan Home halts trade pending announcement on Qihoo investment

* Says it has halted trading from April 28 pending

announcement related to investment in Qihoo 360

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UK Stocks-Factors to watch on April 28

April 28 (Reuters) - Britain's FTSE 100 index is seen opening down

by 23 points, or 0.4 percent, on Thursday, according to financial bookmakers.

For more on the factors affecting European stocks,...

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Yen soars after BOJ keeps monetary policy steady

TOKYO, April 28 (Reuters) - The yen soared against the

dollar and euro on Thursday after the Bank of Japan announced

that it will keep monetary policy steady.

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UPDATE 1-Suncor reports C$500 million Q1 operating loss on low oil

CALGARY, Alberta, April 27 (Reuters) - Suncor Energy Inc

, Canada's largest oil and gas company, reported a

first-quarter operating loss on Wednesday as sagging crude

prices outweighed record...

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BRIEF-Civeo Q1 loss per share $0.25

April 27 (Reuters) - Civeo Corp

* Civeo reports first quarter 2016 results

* Sees Q2 2016 revenue $97 million to $101 million

* Q1 revenue $95 million

* Q1 loss per share $0.25

* Sees fy 2016...

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Moody's says it will appeal HK tribunal decision on "red flags" report

HONG KONG, April 28 (Reuters) - Moody's Investor Services

said on Thursday it was appealing a tribunal decision that

upheld a Securities and Futures Commission (SFC) disciplinary

action against the...

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BRIEF-Suncor Energy q1 EPS c$0.17

* Q1 earnings per share view c$-0.24 -- Thomson Reuters

I/B/E/S

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UPDATE 1-Grupo Mexico's 1st-qtr profit jumps over 20 pct

MEXICO CITY, April 27 (Reuters) - Mexican mining, rail and

infrastructure company Grupo Mexico said on Wednesday its

first-quarter net profit rose 20.9 percent compared to the same

period a year ago...

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GLOBAL MARKETS-Asian shares, dollar rise after Fed; focus now on BOJ

TOKYO, April 28 (Reuters) - Asian stocks rose on Thursday

after the U.S. Federal Reserve offered few clues on its monetary

policy outlook, while the dollar edged higher as investors

awaited the Bank...

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UPDATE 1-U.S. clothes giant HanesBrands makes $840 mln play for Australia rival

SYDNEY, April 28 (Reuters) - Australian underwear and

t-shirt maker Pacific Brands Ltd said on Thursday it

has agreed to an all-cash buyout from U.S. clothing company

HanesBrands Inc, valuing the...

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Suncor Energy to acquire additional 5 pct stake in Syncrude

April 27 (Reuters) - Canadian oil and gas producer Suncor

Energy Inc said on Wednesday it has agreed to acquire an

additional 5 percent stake in Syncrude for about C$937 million.

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FBI would gain new hacking power if search warrant rules change

WASHINGTON, April 27 (Reuters) - U.S. judges will be able to

issue search warrants giving law enforcement agents power to

access computers in any jurisdiction, potentially even overseas,

under a...

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BRIEF-Martin Midstream Partners Q1 revenue $225.6 million

* Martin midstream partners reports 2016 first quarter

financial results

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BRIEF-Quidel Q1 GAAP loss per share $0.11

* Q1 earnings per share view $-0.07 -- Thomson Reuters

I/B/E/S

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BRIEF-Sunedison says intends to continue to operate its business as 'Debtor-In-Possession'

* Says intends to continue to operate its business as a

'Debtor In-Possession' under jurisdiction of bankruptcy court

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UPDATE 2-Valeant CEO tells U.S. Senate of regret over raising drug prices

WASHINGTON/NEW YORK, April 27 (Reuters) - Activist investor

William Ackman promised U.S. lawmakers on Wednesday that he will

urge the board of Valeant Pharmaceuticals to reduce the

high prices of...

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Ecuador asks IMF for loan after quake -IMF official

MEXICO CITY, April 27 (Reuters) - The International Monetary

Fund has received a request for a credit line from Ecuador

following a deadly earthquake earlier this month, an IMF

official said on...

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BRIEF-Newport stockholders approve acquisition of company by MKS Instruments

* Newport stockholders approve acquisition of Newport by MKS

Instruments

Source text for Eikon:

Further company coverage:

(Bengaluru Newsroom: +1-646-223-8780)

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BRIEF-Kimco Realty Corp reports Q1 FFO per share $0.38

* Kimco realty announces first quarter 2016 operating

results

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UPDATE 4-Yahoo to add four directors to board in deal with Starboard

April 27 (Reuters) - Yahoo Inc on Wednesday agreed

to add four new independent directors to its board, bowing to

pressure from activist hedge fund Starboard Value LP and

averting a proxy fight ahead...

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Whiting first-quarter loss grows on cheap oil prices

HOUSTON, April 27 (Reuters) - Whiting Petroleum Corp

, North Dakota's largest oil producer, said on Wednesday

its first-quarter loss widened due to falling crude prices

.

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CANADA STOCKS-TSX rises, led by resource stocks as oil rallies

TORONTO, April 27 (Reuters) - Canada's benchmark stock index

rose on Wednesday as higher oil prices supported energy stocks,

while financial and materials stocks also advanced after the

U.S. Federal...

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Brazil antitrust body approves CSN nominating Usiminas board members

BRASILIA, April 27 (Reuters) - Brazil's antitrust body Cade

ratified on Wednesday a decision to allow steelmaker CSN

to nominate two members to the board of its rival

Usiminas in which it is a...

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UPDATE 1-Boeing says airline requests for delivery changes at historic lows

NEW YORK, April 27 (Reuters) - Boeing Co said on

Wednesday that airline requests to change delivery dates of

aircraft remained "well below historical average," a sign that

low fuel prices have not...

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UPDATE 1-Brazil's Temer to battle fiscal crisis without tax hikes

BRASILIA, April 27 (Reuters) - Rebalancing Brazil's

overdrawn fiscal accounts and restoring credibility will be the

priorities of a Michel Temer government, but raising taxes is

not on the cards yet,...

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Guggenheim's Minerd says time to 'nibble' on U.S. Treasuries

NEW YORK, April 27 (Reuters) - Scott Minerd, the global

chief investment officer of Guggenheim Partners, said Wednesday

that it is a good time to "nibble" on U.S. Treasuries in the

wake of their...

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Whole Foods wins dismissal of PETA lawsuit over meat claims

April 27 (Reuters) - Whole Foods Market Inc won the

dismissal of a lawsuit by a well-known animal rights group that

accused the grocery chain of deceiving consumers into believing

the meat it sells...

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TREASURIES-U.S. yields fall ahead of FOMC statement

* Benchmark yields recede from 5-week highs

* U.S. Fed seen leaving rates alone, may see less risk

* March goods trade data raise U.S. Q1 GDP forecasts

* U.S. pending home sales hit...

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UPDATE 3-Germany to launch 1 bln-euro discount scheme for electric car buyers

* Luxury EVs priced above 60,000 euros won't benefit

(Adds criticism from Ifo president, analyst)

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BRIEF-McDonald's says testing preservative-free McNuggets recipe

* Started testing a new Chicken McNuggets recipe in early

March, at about 140 McDonald's restaurants in Oregon and

Southwest Washington

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European shares helped by rise in utilities, oils; Athens drops

LONDON/MILAN, April 27 (Reuters) - European shares edged

higher on Wednesday helped by gains among utilities and energy

stocks, while Greek equities lost ground after euro zone

officials delayed a...

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BRIEF-Carpenter Technology Corp says expects Q4 volume to be flat sequentially

* Q4 volume expected to be flat sequentially due to declines

in Energy and Industrial & Consumer end-use markets

Source text - http://1.usa.gov/1pFgOgl

Further company coverage:

(Bengaluru...

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CORRECTED-Coke Femsa says 1st-qtr profit rises 9.3 pct

MEXICO CITY, April 27 (Reuters) - Latin America's biggest

Coke bottler Coca-Cola Femsa on Wednesday said its

first-quarter profit rose 9.3 percent.

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UPDATE 2-Nomura outlines deep cost cuts after first quarterly loss in four years

* Aims to cut over $700 million from wholesale division by

2018

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Baker Hughes reports bigger quarterly loss

April 27 (Reuters) - Oilfield services provider Baker Hughes

Inc reported a bigger quarterly loss, hurt by a

continued decline in drilling activity.

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Sale of Tata's UK businesses is difficult - Cameron's spokesman

LONDON, April 27 (Reuters) - Securing the sale of Tata

Steel's businesses in Britain is a difficult process and Prime

Minister David Cameron is trying to be as realistic as possible

about saving the...

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BRIEF-Tri Pointe Q1 earnings per share $0.18

* Tri pointe group inc says homebuilding gross margin

increases to 23.3% for quarter

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Northrop Grumman profit rises 15 pct on lower tax expenses

April 27 (Reuters) - Northrop Grumman Corp, the

maker of Global Hawk surveillance planes, reported a near 15

percent rise in quarterly profit, helped by lower tax expenses.

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UK faces "major negative shock" if leaves EU - OECD

LONDON, April 27 (Reuters) - Britain's large current account

deficit could become harder to finance and sterling might slide

if it votes to leave the European Union at a referendum in June,

the...

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Irish central bank's record profit helps cut national debt

DUBLIN, April 27 (Reuters) - Bond sales helped Ireland's

central bank to a record profit of 2.2 billion euros last year,

1.8 billion of which has been paid to the state to help cut a

national debt...

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STMicro sees improved results in second half of 2016

FRANKFURT, April 27 (Reuters) - Struggling Franco-Italian

chipmaker STMicroelectronics sees its business picking

up and is increasingly optimistic about its financial

performance for the remainder of...

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Greek shares underperform sluggish European markets

LONDON, April 27 (Reuters) - European stocks slipped on

Wednesday, weighed down by some weak corporate earnings, while

the Greek market underperformed after euro zone officials

delayed a meeting on...

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Gains at Adidas and Barclays keep European shares steady

LONDON, April 27 (Reuters) - European shares were steady on

Wednesday, with markets supported by gains at sportswear group

Adidas and British bank Barclays, although

some tech stocks fell after lower...

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Saudi's Flynas rules out Bombardier from possible 100-jet order

DUBAI, April 27 (Reuters) - Saudi Arabia's Flynas is in

talks with Boeing Co and Airbus for a potential

100-jet order, chief executive Paul Byrne told a conference in

Dubai on Wednesday, adding it...

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Tuesday, April 26, 2016

BRIEF-Konecranes and Terex approve definitive agreement to combine their businesses

* Konecranes and Terex Corporation announced their respective Boards of Directors

unanimously approved a definitive agreement to combine their businesses in a merger of equals

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Germany to introduce e-car incentives of 4,000 euros, govt sources

BERLIN, April 27 (Reuters) - Germany's government and the

auto industry have agreed on introducing an incentive of 4,000

euros ($4,518) for electric car buyers and 3,000 euros for those

purchasing a...

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DEALTALK-How some SunEdison creditors scored a safe, lucrative debt deal

April 27 (Reuters) - When a group of hedge funds agreed to

lend $725 million to SunEdison Inc - three months

before it filed for bankruptcy last week - they secured an

unusually generous concession...

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European Factors to Watch-Shares seen flat, Apple may impact tech stocks

LONDON, April 27 (Reuters) - European stocks were opening flat on Wednesday,

although technology stocks may come under pressure after Apple posted

its first-ever decline in iPhone sales.

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As iPhone sales slump, Apple bets on services from apps to music

SAN FRANCISCO, April 26 (Reuters) - Apple Inc's

first-ever drop in quarterly iPhone sales has spurred Chief

Executive Tim Cook to turn the spotlight on prospects for its

services business, but the...

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UPDATE 1-Australia takes disinflationary turn, could force rate cut next week

* Headline CPI unexpectedly falls, core price measures very

weak

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Nikkei slides as Apple-linked stocks wilt, poor earnings stoke worries

TOKYO, April 27 (Reuters) - Japanese stocks fell on

Wednesday morning as Apple-related shares took a beating and

disappointing corporate earnings came into sharp focus amid

uncertainty over whether...

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GLOBAL MARKETS-Asia stocks subdued with central banks in focus, oil holds gains

* Japan, Taiwan stocks slip, weighed down by Apple-related

shares

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Australia consumer prices unexpectedly fall, revives easing talk

* Headline CPI unexpectedly falls, other price measures also

weak

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UPDATE 1-Olympics-Venues ready, but many challenges remain for Rio Games

SAO PAULO, April 26 (Reuters) - Brazil has long been known as a country that can throw a great party as long as the guests do not mind a location that still has the builders in it.

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BRIEF-Northern Crown Capital, Matthew Gaasenbeek acquire securities of Ecosynthetix

* Matthew Gaasenbeek acquires securities of ecosynthetix

inc.

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BRIEF-Comcast in talks to buy Dreamworks Animation - CNBC, citing DJ

* Comcast in talks to buy Dreamworks Animation in deal that

could value Dreamworks at more than $3 Bln - CNBC, citing Dow

Jones

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UPDATE 2-FBI decides provisionally not to share iPhone unlock -sources

WASHINGTON, April 26 (Reuters) - The FBI has provisionally

decided not to share an iPhone unlocking mechanism used by a

contractor to open the phone of one of the San Bernardino

shooters because the...

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UPDATE 4-Apple's 9-year iPhone juggernaut stops with first sales decline

April 26 (Reuters) - Apple Inc on Tuesday posted

its first-ever decline in iPhone sales and its first revenue

drop in 13 years as the company credited with inventing the

smartphone struggles with an...

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U.S. Treasury anti-laundering head to join HSBC -sources

ST. LOUIS, April 26 (Reuters) - The U.S. Treasury

Department's top anti-money laundering official is resigning to

take what sources said on Tuesday was a top post at HSBC

Holdings Plc, which is...

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Mexico's Bimbo first-quarter profit jumps 57.6 pct

MEXICO CITY, April 26 (Reuters) - Mexico's Bimbo, among the

world's largest bread makers, said on Tuesday its net profit

rose 57.6 percent to 1.37 billion pesos ($79.35 billion) in the

first quarter...

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UPDATE 1-Bombardier moves up results spurring expectation of CSeries order

MONTREAL/TORONTO, April 26 (Reuters) - Canadian plane and

train maker Bombardier Inc said on Tuesday it will be

moving forward its first-quarter results by a day to Thursday,

in a surprise...

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BRIEF-Toromont Q1 earnings per share C$0.31

* Toromont announces results for the first quarter of 2016

and quarterly dividend

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BRIEF-United States Steel sets dividend of $0.05 per share

* Sets dividend of $0.05per share

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BRIEF-First Community Bancshares Q1 earnings per share $0.33

* First community bancshares, inc. Announces first quarter

2016 results and quarterly dividend

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UPDATE 2-Bombardier to face pushback from Canadian pension funds at AGM

TORONTO, April 26 (Reuters) - Two of Canada's top pension

funds have come out in support of a shareholder proposal calling

for greater transparency at plane and train maker Bombardier Inc

, despite a...

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BRIEF-Covanta Holding Q1 adjusted loss per share $0.19

* Covanta holding corporation reports 2016 first quarter

results

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Online content distributor Akamai's revenue rises 7.8 pct

April 26 (Reuters) - Online content distributor Akamai

Technologies Inc reported a 7.8 percent rise in

quarterly revenue, helped by higher demand for its cloud

security services.

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US STOCKS SNAPSHOT-S&P ticks up buoyed by energy, materials

NEW YORK, April 26 (Reuters) - The S&P 500 edged higher on

Tuesday, buoyed by gains in the energy and materials sectors as

soft economic data weakened the dollar, giving support to oil

and gold...

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One World recalls snow blowers over fire hazard

WASHINGTON, April 26 (Reuters) - One World Technologies Inc

is recalling about 670 Ryobi snow blowers because they can

overheat and cause a fire, the U.S. Consumer Product Safety

Commission said on...

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Pentagon identifies cause of F-35 radar software issue

WASHINGTON, April 26 (Reuters) - The Pentagon has found the

root cause of stability issues with the radar software being

tested for the F-35 stealth fighter jet made by Lockheed Martin

Corp, U.S....

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Saudi reform plans flirt with social change

RIYADH, April 26 (Reuters) - Reforms promised by a young

Saudi prince are couched in references to the kingdom's Islamic

tradition but include ideas likely to upset some conservatives,

risking future...

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BRIEF-Cadiz Inc Announces $10 mln convertible note financing

* Cadiz Inc. announces $10 million convertible note

financing

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UPDATE 2-Employment agency Randstad to expand outplacement business

* Says could spend up to 500 million euros on acquisitions

(Recasts on Randstad outplacement ambitions)

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CANADA FX DEBT-C$ strengthens as oil rallies; investors look to Fed

* Canadian dollar at C$1.2640, or 79.11 U.S. cents

* Bond prices mixed across steeper maturity curve

(Adds Poloz comments, quotes, updates prices)

By Fergal Smith and Leah Schnurr

...

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Wells Fargo investors approve board and pay for top executives

April 26 (Reuters) - Wells Fargo & Co shareholders

approved all 15 nominees to the bank's board and the pay for the

company's top executives in a non-binding vote at its annual

general meeting on...

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CORRECTED-UPDATE 2-Barrick Gold lowers cost forecast as earnings beat

April 26 (Reuters) - Barrick Gold Corp, the world's

largest gold producer, reported first-quarter earnings on

Tuesday that beat market expectations and also lowered its

outlook for costs this year.

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BRIEF-Husky CEO confident Liwan dispute with CNOOC will be resolved

* CEO Asim Ghosh says confident Husky will reach a

satisfactory outcome on negotiations with CNOOC Ltd

over balance of payment for Liwan gas deliveries

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European shares supported by firmer oil, earning updates



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BRIEF-New York Times says to eliminate about 70 positions

* On April 26, 2016, informed employees of proposed measures

intended to streamline its international operations

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UPDATE 3-Whirlpool 2016 earnings outlook unchanged, Q1 earnings lower than expected

April 26 (Reuters) - Whirlpool Corp shares fell in

early trading on Tuesday after the company posted a

lower-than-expected first-quarter net profit but kept its

previous 2016 earnings per share...

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US STOCKS SNAPSHOT-Wall St opens slightly higher as investors await Fed

April 26 (Reuters) - U.S. stocks opened slightly higher as

oil prices rose on a day when a slew of companies were scheduled

to report their quarterly earnings and the U.S. Federal Reserve

was set to...

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UPDATE 2-Coach reports first quarterly profit growth in three years

April 26 (Reuters) - Coach Inc, which has been

trying to regain its cachet in the luxury handbag market,

reported its first growth in quarterly profit in three years.

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Chile cenbank president says jump in Santiago jobless 'not good news'

SANTIAGO, April 26 (Reuters) - A sharp jump in the jobless

rate in Chile's capital city Santiago is "certainly not good

news", central bank president Rodrigo Vergara said on Tuesday.

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UPDATE 1-Hungary central bank cuts main rate by 15 bps to record low

BUDAPEST, April 26 (Reuters) - The National Bank of Hungary

cut its base rate by 15 basis points to a new low of 1.05

percent on Tuesday, as it tries to bolster economic

growth and revive inflation.

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BRIEF-Barrick posts Q1 loss per share $0.07

* Barrick Gold Corp says remain on track to achieve our $2

billion debt reduction target for year.

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BRIEF-Tenneco reports Q1 adjusted share $1.17

* Q1 revenue $2.205 billion versus i/b/e/s view $2.08

billion

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Botswana central bank leaves lending rate unchanged at 6.0 percent

GABORONE, April 26 (Reuters) - Botswana's central bank kept

its benchmark lending rate unchanged at 6 percent on Tuesday,

saying the outlook for price stability was positive, and

inflation was...

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MOVES-Deutsche Bank, Standard Life, M&G Investments

April 26 (Reuters) - The following financial services

industry appointments were announced on Tuesday. To inform us of

other job changes, email moves@thomsonreuters.com.

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Thyssenkrupp launches MAX elevator service in Germany

HANOVER, Germany, April 26 (Reuters) - German industrial

group Thyssenkrupp plans to connect 180,000 elevators

to its MAX predictive maintenance service by the end of 2017, it

said as it launched the...

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GLOBAL MARKETS-Stocks, oil prices climb as investors ready for Fed

LONDON, April 26 (Reuters) - World stocks climbed for the

first time in four days on Tuesday and a weaker dollar helped

oil prices gain too, as investors fine-tuned their expectations

for monetary...

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Bond sale keeps German yields near five-week high

LONDON, April 26 (Reuters) - An unexpected bond sale from

the euro zone rescue fund kept German yields near five-week

highs on Tuesday, as worries grew that a recent rise in yields

resembled the...

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Dana Gas says no deal with Iran on gas imports

ABU DHABI, April 26 (Reuters) - The United Arab Emirates'

Dana Gas has not been able to reach an acceptable deal

with Iran on natural gas imports into the UAE, and an

arbitration process will...

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CORRECTED-Nikkei slips on firmer yen, Mitsubishi Motors in free fall

TOKYO, April 26 (Reuters) - Japanese stocks fell on Tuesday

as the yen retreated from a three-week low against the U.S.

dollar, pruning the profit outlook for major exporters.

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Strong earnings lift European shares as UPM and BP rise

LONDON, April 26 (Reuters) - European shares advanced on

Tuesday after some encouraging company results, with pulp and

paper maker UPM climbing after better-than-expected

quarterly profits while BP...

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UPDATE 1-BP eyes more spending cuts after 80 pct profit drop

* BP CEO sees market rebalancing at end of 2016

(Adds details, recasts)

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Monday, April 25, 2016

Air Liquide says may complete Airgas deal faster than planned

PARIS, April 26 (Reuters) - French industrial gases company

Air Liquide said on Tuesday that it might complete the

acquisition of U.S. peer Airgas Inc faster than expected

and narrowed the size of a...

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How one Russian oligarch beat the crisis and made a fortune

LONDON, April 26 (Reuters) - As Russia was descending into

financial crisis, some of its most influential oil and stocks

traders gathered at the exclusive River Club in central Moscow

at the...

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Toshiba books $2.3 bln impairment charge in FY2015 on nuclear business

TOKYO, April 26 (Reuters) - Japan's Toshiba Corp

said on Tuesday that it booked an impairment charge of 260

billion yen ($2.34 billion) for the past fiscal year on the

nuclear business, a...

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FOREX-Yen gains on dollar, euro but stays on defensive ahead of BOJ

TOKYO/SYDNEY, April 26 (Reuters) - The yen rose against

other major currencies on Tuesday, pulling up from multi-week

troughs against the dollar and euro but capped by wariness ahead

of this week's...

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U.S. Ospreys win Japanese hearts and minds with quake relief flights

IWAKUNI, Japan, April 26 (Reuters) - The U.S. military's

MV-22 Osprey aircraft has been a lightning rod for opposition to

U.S. bases in Japan since 24 of them were deployed on the

southern island of...

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BRIEF-Dupont Q1 eps $1.39

* Q1 earnings per share view $1.04 -- Thomson Reuters

I/B/E/S

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Japan transport minister: Mitsubishi Motors expected to submit data Tuesday

TOKYO, April 26 (Reuters) - Japan's transport minister said

he expects Mitsubishi Motors Corp to submit information

related to its falsification of fuel economy data on Tuesday,

within the deadline...

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UPDATE 3-France wins $40 bln Australian submarine contract - sources

* France seen winning bid for lucrative deal over Japan,

Germany

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BRIEF-Astrazeneca says U.S. FDA approved BEVESPI aerosphere inhalation aerosol indicated for treatment of patients with chronic obstructive pulmonary disease

* US FDA approved BEVESPI aerosphere inhalation aerosol

indicated for treatment of patients with chronic obstructive

pulmonary disease

Source text for Eikon:

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PRESS DIGEST- Financial Times - April 26

April 26 (Reuters) - The following are the top stories in

the Financial Times. Reuters has not verified these stories and

does not vouch for their accuracy.

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UPDATE 4-Gannett bids on Tribune Publishing, wants an answer

April 25 (Reuters) - Tribune Publishing Co is

reviewing an unsolicited and possibly unwelcome $815 million

takeover bid from Gannett Co Inc, a move by Gannett to

gain scale as the newspaper industry...

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BRIEF-West Fraser Timber Q1 earnings per share C$0.51

* Q1 earnings per share view c$0.61 -- Thomson Reuters

I/B/E/S

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BRIEF-Lucas Energy enters into amendment to asset purchase agreement

* On April 20, 2016, and effective April 1, 2016, entered

into a first amendment to asset purchase agreement - SEC filing

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UPDATE 2-U.S. approves Charter's Time Warner Cable buy with conditions

WASHINGTON, April 25 (Reuters) - The U.S. Justice Department

on Monday gave antitrust approval to Charter Communications

Inc's proposed purchase of Time Warner Cable Inc

and Bright House networks,...

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U.S. CEO pay set to rise despite volatile 2015 markets -Equilar

BOSTON, April 25 (Reuters) - Total compensation for the

chief executives of large U.S. companies is set to rise for 2015

despite volatile markets and lower revenue at many, such as in

the energy...

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Fujimori's brother says he will seek Peru presidency if she loses

LIMA, April 25 (Reuters) - Kenji Fujimori, the youngest son

of imprisoned ex-president Alberto Fujimori, said on Monday that

he will run for president in 2021 if his sister Keiko Fujimori

does not...

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MOVES-Mercuria U.S. fuel oil chief moves to ex-HETCO venture Hartree -sources

HOUSTON, April 25 (Reuters) - Mercuria Energy Trading's head

of U.S. fuel oil left the Swiss commodities merchant last week

to join Hartree Partners, an energy trader formerly known as

HETCO, as it...

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BRIEF-Calstrs asks Gulfport shareholders to vote for Methane disclosure resolution

* California State Teachers Retirement System asks Gulfport

Energy shareholders to vote for resolution requesting co

describe how it is monitoring, managing level of methane

emissions

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Sigma gets ball rolling after Argentina's return

NEW YORK, April 25 (IFR) - Mexico's Sigma got the ball

rolling in Latin America's primary market on Monday, arriving on

the coattails of Argentina's historic return to the capital

markets last week.

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EMERGING MARKETS-Latin American stocks drop as commodities sag

SAO PAULO, April 25 (Reuters) - Latin American stocks fell

on Monday at the start of Brazil's corporate earnings seasons,

dragged down by lower commodities prices ahead of central bank

meetings in...

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Bund yields touch five-week high as ESM supply weighs

LONDON, April 25 (Reuters) - German Bund yields hit a

five-week high on Monday, reversing early falls, as investors

anticipated a new bond issue from the European Stability

Mechanism (ESM), the euro...

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US STOCKS-Wall St opens lower as earnings continue to underwhelm

* Indexes down: S&P 0.32 pct, Nasdaq 0.12 pct, Dow 0.41 pct

(Updates to open)

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BRIEF-YuMe says sent letter regarding annual meeting to stockholders

* Says sent a letter to stockholders in connection with

company's 2016 annual meeting on may 27, 2016

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China expected to see $538 bln capital exodus in 2016, IIF says

LONDON, April 25 (Reuters) - Global investors are expected

to pull $538 billion out of China's slowing economy in 2016, the

Institute of International Finance estimated on Monday, although

the pace...

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BRIEF-Nam Tai Property reports Q1 loss of $0.01 per share

* Has been no progress on search for suitable joint venture

partner in this quarter

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PRECIOUS-Gold steadies as dollar lends support ahead of Fed meeting

* GRAPHIC-2016 asset returns: http://reut.rs/1WAiOSC

(Updates prices)

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Printer maker Xerox's revenue falls 4.2 pct

April 25 (Reuters) - Printer and copier maker Xerox Corp

reported a 4.2 percent fall in its quarterly revenue,

hurt by a strong dollar.

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BRIEF-Trina solar to invest in 14mw utility-scale solar project in Japan

* Says to invest in a 14 mw DC (Direct Current)

utility-scale solar project in Japan

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BRIEF-Pacific clarifies "court supervised process" as CCAA

* "court-supervised process" to be used to implement

financial restructuring anticipated to be CCAA

Source text for Eikon:

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Canada's Precision Drilling posts quarterly loss

April 25 (Reuters) - Canadian rig contractor Precision

Drilling Corp posted a quarterly loss, compared with a

year-ago profit, hurt by lower demand for rigs amid a prolonged

oil slump.

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European shares edge down further from three-month high

LONDON, April 25 (Reuters) - European shares edged lower on

Monday, consolidating gains from a strong week which saw a top

index touch a 3-month high, with a drop in French utility EDF

weighing on...

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UPDATE 1-Czech lender GE Money reveals IPO price range and renamed MONETA

PRAGUE, April 25 (Reuters) - Czech lender GE Money Bank set

the price range for its initial public offering at below market

expectations on Monday and said it would change its name to

MONETA Money...

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Bulgaria's BEH agrees loan agreement for up to 650 mln euros

SOFIA, April 25 (Reuters) - Bulgarian state energy holding

company BEH said it has signed a bridge loan agreement with

three international banks for up to 650 million euros to be

refinanced by a...

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German Bund yields hold above 0.2 percent as market nurses losses

LONDON, April 25 (Reuters) - German Bund yields held above

0.2 percent on Monday, hovering near recent one-month highs amid

some nervousness ahead of this week's central bank meetings in

the U.S. and...

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UPDATE 1-Ball Corp, Rexam to sell some assets to Ardagh for $3.42 bln

April 25 (Reuters) - Drinks can maker Ball Corp said

it along with British rival Rexam Plc agreed to sell

some assets to Luxembourg-based packaging maker Ardagh Group

for about $3.42 billion to meet...

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Sunday, April 24, 2016

Alberta premier says Canada PM "aligned" with province on pipelines

KANANASKIS, Alberta, April 24 (Reuters) - Canadian Prime

Minister Justin Trudeau and his cabinet are broadly "aligned"

with Alberta and the need to develop pipelines to get the

region's oil to...

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Ball Corp, Rexam to sell some assets to Ardagh for $3.42 bln

April 25 (Reuters) - Drinks can maker Ball Corp said

it along with British rival Rexam Plc agreed to sell

some assets to Luxembourg-based Ardagh Group for

about $3.42 billion to meet antitrust...

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PRESS DIGEST - Wall Street Journal - April 25

April 25 (Reuters) - The following are the top stories in

the Wall Street Journal. Reuters has not verified these stories

and does not vouch for their accuracy.

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UPDATE 1-Nevsun Resources to buy Reservoir Minerals for $365 mln

April 24 (Reuters) - Canadian miner Nevsun Resources Ltd

said it has agreed to buy Reservoir Minerals Inc

for about $365 million in cash and stock.

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FOREX-Yen hits 3-week low, sterling up after Obama's UK visit

TOKYO, April 25 (Reuters) - The yen hit a three-week low on

Monday on expectations the Bank of Japan could start lending to

banks at negative rates, while sterling hit a five-week high in

reaction to...

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PRESS DIGEST- New York Times business news - April 25

April 25 (Reuters) - The following are the top stories on

the New York Times business pages. Reuters has not verified

these stories and does not vouch for their accuracy.

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BRIEF-Nevsun Resources and Reservoir Minerals merge

* Nevsun Resources and Reservoir Minerals combine and

consolidate Timok copper project ownership

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Nikkei slips as investors take profits ahead of Fed, BOJ meetings

TOKYO, April 25 (Reuters) - Japanese stocks fell on Monday

morning as investors cashed in profits from a four-day rally

that last week lifted the benchmark Nikkei index to an 11-1/2

week high amid...

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FOREX-Yen hindered by BOJ easing hopes, pound up after Obama's UK visit

TOKYO, April 25 (Reuters) - The yen languished near a

three-week low on expectations the Bank of Japan could start

lending to banks at negative rates, while sterling hit a

five-week high on hopes for...

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DIARY-Emerging Markets Economic Events to May 6

** This Diary is filed daily ***

---------------------------------------------------------------

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GLOBAL MARKETS-Asia stocks, dollar edge lower as markets await Fed, BOJ meetings

TOKYO, April 25 (Reuters) - Asian shares and the dollar

edged lower on Monday as investors awaited central bank meetings

in the United States and Japan this week that are expected to

hold clues to...

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PRESS DIGEST- Financial Times - April 25

April 25 (Reuters) - The following are the top stories in

the Financial Times. Reuters has not verified these stories and

does not vouch for their accuracy.

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Bombardier says Iranian sales talks progress, denies new airline

Montreal, April 24 (Reuters) - Reports that Bombardier Inc

is involved in launching an airline in Iran are

inaccurate, the Canadian planemaker said on Sunday, although it

confirmed it was in talks...

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REFILE-Wall St Week Ahead-Upside limited for 2016 even as earnings bottom

NEW YORK, April 22 (Reuters) - Even with a spate of

high-profile earnings disappointments in recent days from the

likes of Caterpillar, Microsoft and Google's parent company, the

profit recession...

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Obama says EU and US must move forward with TTIP

HANOVER, Germany, April 24 (Reuters) - U.S. President Barack

Obama said the European Union and United States must move

forward with a trade free trade accord still under negotiation

which supporters...

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UPDATE 1-Iraq signs strategic agreement with GE to boost power grid

BAGHDAD, April 24 (Reuters) - Iraq's Oil Ministry said on

Sunday it had signed a long-term "strategic framework agreement"

with General Electric which comprised several projects to

boost national...

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Once a symbol of decline, Pennsylvania tests limits of Trump's appeal

BETHLEHEM, Pa., April 24 (Reuters) - With a rusting steel

mill in its center, this Pennsylvania city would seem fertile

ground for Donald Trump's campaign and its vision of a declining

America that...

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Iraq signs strategic agreement with GE to boost power grid

BAGHDAD, April 24 (Reuters) - Iraq's Oil Ministry said on

Sunday it had signed a long-term "strategic framework agreement"

with General Electric which comprised several projects to

boost national...

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TABLE-Kuwait February bank lending growth slows to 6.8 pct

April 24 (Reuters) - Kuwait's M2 money supply growth

accelerated to an annual 2.5 percent in February from 2.0

percent in January, central bank data showed on Sunday.

But growth in bank lending...

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Germans flock to property as interest rates fall and rents rise

* GRAPHIC: Residential building approvals, euro zone rates -

http://tmsnrt.rs/1SikrAV

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TABLE-Bahrain March inflation rises to 3.3 pct

April 24 (Reuters) - Bahrain's statistics office released

the following March consumer price data on Sunday.



BAHRAIN CONSUMER INFLATION 03/16 02/16 03/15

pct change...

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UPDATE 2-Obama says post-Brexit UK-U.S. trade deal could take a decade

* "In" campaign lauds Obama's words; Clinton says pro-EU too

(Adds reaction, context)

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Saudis await prince's vision of future with hope and concern

RIYADH, April 24 (Reuters) - Saudi Arabians are anticipating

with hope, doubt and worry the release this week of a government

plan to liberate the kingdom from its reliance on oil, which

could solve...

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Abu Dhabi March inflation falls to 2.8 pct y/y

April 24 (Reuters) - The Abu Dhabi Statistics Centre

released the following March consumer price data for the Gulf

Arab emirate on Sunday.



ABU DHABI CONSUMER INFLATION 03/16 02/16...

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Bank Leumi swaps Israel Corp stake for ICL shares

TEL AVIV, April 24 (Reuters) - Leumi, Israel's

second-largest bank, said on Sunday it had swapped its remaining

5.86 percent stake in holding company Israel Corp for

a 1.4 percent holding in Israel...

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UPDATE 1-Serbia's Vucic seeks mandate for EU talks in early election

* Pro-Russian ultra-nationalists tipped to come 3rd

(Updates with polls opening)

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Obama says he hopes he has persuaded British voters not to leave EU

LONDON, April 24 (Reuters) - U.S. President Barack Obama

said he hoped he would be able to influence some British voters'

decisions at a June 23 referendum on Britain's membership of the

European...

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REFILE-UPDATE 1-Post-Brexit UK-U.S. trade deal could take a decade, Obama tells BBC

LONDON, April 24 (Reuters) - A trade deal between Britain

and the United States could take five to 10 years to negotiate

if Britain votes to leave the European Union at a June 23

referendum, U.S....

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Saturday, April 23, 2016

Canada minister urges new media laws to boost local content -paper

TORONTO, April 23 (Reuters) - Canada's Liberal government is

prepared to overhaul the country's laws governing broadcasting,

media and cultural industries to support local content, Heritage

Minister...

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Post Brexit UK-U.S. trade deal could take up to a decade, Obama tells BBC

LONDON, April 24 (Reuters) - A trade deal between Britain

and the United states could take five to 10 years to negotiate

if Britain votes to leave the European Union at a June 23

referendum, U.S....

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Fireworks stolen from CSX freight train recovered in Detroit

April 23 (Reuters) - Federal agents have found more than 30

cases of commercial-grade aerial fireworks in Detroit after the

explosives were reported stolen from a CSX freight train earlier

this week,...

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UPDATE 1-IMF says Mozambique admits to over $1 bln of hidden debt

JOHANNESBURG, April 23 (Reuters) - The International

Monetary Fund said on Saturday that Mozambique has admitted to

having over one billion dollars of undisclosed debt and the two

sides were now...

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IMF says Mozambique has over $1 bln of hidden debt

JOHANNESBURG, April 23 (Reuters) - The International

Monetary Fund said on Saturday that Mozambique had more than one

billion dollars of debt guaranteed by the government that had

not been disclosed...

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EU finmins to consider focusing on spending cap to cut morass of budget rules

AMSTERDAM, April 23 (Reuters) - European Union finance

ministers agreed on Saturday to discuss whether they can regain

some control over a morass of EU budget rules by focusing mainly

on an annual...

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ECB's Nowotny says negative rates necessary to avoid deflation

VIENNA, April 23 (Reuters) - The euro zone needs negative

interest rates to avoid sliding into deflation, European Central

Bank Governing Council member Ewald Nowotny said in an Austrian

newspaper...

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Ford not interested in tie-up with Fiat Chrysler -CEO Fields

BEIJING, April 23 (Reuters) - Ford Motor Co is not

interested in a tie-up with Fiat Chrysler Automobiles NV

, Chief Executive Mark Fields said on Saturday, when

asked about FCA head Sergio...

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Pemex raises death toll at petrochemical plant explosion to 28

COATZACOALCOS, Mexico, April 22 (Reuters) - Mexican state

oil giant Pemex said on Friday that the death toll from a

petrochemical plant blast in the southeastern oil hub of

Coatzacoalcos had risen to...

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Friday, April 22, 2016

UPDATE 2-U.S. drops N.Y. fight with Apple after gaining access to iPhone

NEW YORK, April 22 (Reuters) - The U.S. Justice Department

on Friday dropped its effort to force Apple Inc to help

unlock an iPhone in a drug case in New York after someone

provided authorities the...

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Look Mao, no hands! China's roadmap to self-driving cars

BEIJING, April 23 (Reuters) - In the race to develop

self-driving cars, the United States and Europe lead in

technology, but China is coming up fast in the outside lane with

a regulatory structure...

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BRIEF-China keli announces establishment of a special committee

* Established special committee to consider non-binding

offer and conduct further negotiations with 1062560 b.c. Ltd

Source text for Eikon:

Further company coverage:

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U.S. drops N.Y. fight with Apple after gaining access to iPhone

NEW YORK, April 22 (Reuters) - The U.S. Justice Department

on Friday dropped its effort to force Apple Inc to help

unlock an iPhone in a drug case in New York after someone

provided authorities the...

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DIARY-Top Economic Events to May 6

Major central bank events

** This Diary is filed daily **

-------------------------------------------------------------

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DIARY-Emerging Markets Economic Events to May 6

** This Diary is filed daily ***

---------------------------------------------------------------

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UPDATE 2-Argentina says #CiaoDefault, paying holdouts after 14 years

BUENOS AIRES, April 22 (Reuters) - Argentina paid creditors

on Friday who had refused debt restructurings after a record

2002 default, closing the book on nearly a decade of messy

litigation as new...

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UPDATE 2-Halliburton says it cut 6,000 jobs in Q1, delays earnings call

* Expects Q2 will mark "landing point" for U.S. rig count

(Adds details on results, background)

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BRIEF-Franco Nevada files for mixed shelf of up to $2.0 bln

* Files for mixed shelf of up to $2.0 billion - SEC filing

Source text for Eikon:

Further company coverage:

(Bengaluru Newsroom: +1-646-223-8780)

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BRIEF-iSIGN provides an update on the brokered $3.5 mln convertible debenture

* Isign provides an update on the brokered $3.5 million

convertible debenture with Mackie Research capital corporation

Source text for Eikon:

Further company coverage:

(Bengaluru Newsroom:...

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Showdown over Kentucky's public pension systems heats up

April 22 (Reuters) - An attempt to change how Kentucky's

struggling public pensions do business has hit a wall, leaving

Republican lawmakers clamoring for an audit and the governor

battling to remove...

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Brazil's Rousseff, in New York, compares impeachment to a coup

NEW YORK, April 22 (Reuters) - Brazil's President Dilma

Rousseff told reporters in New York the ongoing impeachment

process against her has all the characteristics of a coup and

said there was no...

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BRIEF-Carmax Mining's Eaglehead Property reinstated

* Received decision of Chief Gold Commissioner for British

Columbia exercising discretion to reinstate mineral claim number

1034634

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Brazil's Temer says Rousseff's UN speech was 'adequate'

BRASILIA, April 22 (Reuters) - Brazil's acting President

Michel Temer called "adequate" on Friday President Dilma

Rousseff's speech for the United Nations in which she warned of

Brazil's "grave...

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BRIEF-Norwegian Cruise Line says Cuba Govt authorized entry and exit of Cuban citizens of cruise ships independent of migratory status

* Was advised that cuba government has authorized entry,

exit of cuban citizens in and out of cuba as passengers or crew

of cruise ships

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U.S. business borrowing for equipment falls in March - ELFA

April 22 (Reuters) - Borrowing by U.S. companies to spend on

capital investment declined 11 percent in March from a year

earlier, trade association Equipment Leasing and Finance

Association (ELFA)...

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U.S. regional banks brace for losses from energy loans

April 22 (Reuters) - The five U.S. regional banks most

exposed to the energy sector set aside millions of dollars more

in the first quarter to cover potential losses from bad loans

to the...

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BRIEF-Moody's comments on EU's antitrust charges against Alphabet

* Moody's says the European Union's new antitrust charges

against Alphabet will not likely impact its AA2 credit ratings

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US STOCKS-Earnings drag Wall St lower even as oil steadies

* Indexes down: Dow 0.27 pct, S&P 0.43 pct, Nasdaq 1.39 pct

(Updates to early afternoon)

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Top Comerica shareholders urge bank to explore sale -WSJ

NEW YORK, April 22 (Reuters) - Two of Comerica Bank's

largest shareholders want the regional lender to explore

a sale, the Wall Street Journal reported on Friday.

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UPDATE 1-Algeria's Sonatrach awards well contracts to Schlumberger and NOV

ALGIERS, April 22 (Reuters) - Algerian state energy company

Sonatrach has awarded U.S. oil service firms Schlumberger

and National Oilwell Varco contracts for

managing well operations, a Sonatrach...

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Don't expect German criticism of the ECB to die down

BERLIN, April 22 (Reuters) - If you look at the facts, for

Germany to lay into the European Central Bank makes little

sense.

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BRIEF-Flowers foods Inc says entered into a new credit agreement

* On April 19, 2016, Flowers Foods, Inc entered into a

credit agreement

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BRIEF-Cloud Technology Partners, Inc says it has raised $13 mln in equity financing - SEC Filing

* Cloud Technology Partners, Inc says it has raised $13 mln

in equity financing - SEC Filing

Read more
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UPDATE 2-Interpublic's revenue beats on U.S. ad business strength

April 22 (Reuters) - Advertising company Interpublic Group

of Companies Inc reported better-than-expected quarterly

revenue as businesses in the United States boosted advertising

budgets, helping...

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BRIEF-Neuroderm says FDA removes import alert of some infusion pumps

* Neuroderm announces removal of fda import alert of

infusion pumps used in nd0612 clinical trials

Read more
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CANADA STOCKS-Futures rise on higher oil, positive data

April 22 (Reuters) - Stock futures pointed to a higher start

for Canada's main stock index on Friday as oil prices hovered

near $45 per barrel and after Canada's retail sales and

inflation data.

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UPDATE 3-Obama tells Britons as "a friend": don't turn your back on the EU

* EU opponents say Obama should stay out of UK politics

(Adds Cameron spokeswoman, Obama arrival for lunch with the

queen)

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BRIEF-American Airlines Q1 earnings $1.14/shr

* American airlines group inc says authorized a new $2.0

billion share repurchase program that will expire at end of 2017

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Venezuela runs up $1 bln debt for late shipping containers

PUERTO CABELLO, Venezuela/LONDON, April 22 (Reuters) -

V enezuelan state agencies have run up close to $1 billion in

debts with shipping firms due to delays in returning containers,

potentially...

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PRESS DIGEST- Canada - April 22

April 22 (Reuters) - The following are the top stories from

selected Canadian newspapers. Reuters has not verified these

stories and does not vouch for their accuracy.

Read more
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BRIEF-Beneficial Bancorp Q1 earnings per share $0.07

* Q1 earnings per share view $0.06 -- Thomson Reuters

I/B/E/S

Read more
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BRIEF-Moody's-China securitization will further advance when hurdles are cleared

* China securitization will further advance when hurdles are

cleared

Read more
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Ford bringing beefy F-150 Raptor pickup truck to China next year

BEIJING April 22 (Reuters) - Ford Motor Co said on

Friday it will next year start selling a big American pickup

truck in China where the vehicles are mostly used by

construction and other such...

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UPDATE 1-Apple's book, film services go dark in China

* Apple hopes services up in China "as soon as possible"

-spokeswoman

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UPDATE 1-Iron ore headed for best week ever after China steel rally

* Spot iron ore up 19.5 pct this week, biggest since 2008

launch

Read more
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Paramount offers EU concessions in Sky geoblocking case

BRUSSELS, April 22 (Reuters) - Paramount Pictures, a unit of

Viacom, has offered the EU antitrust regulator concessions in a

landmark case over geographical restrictions on movie licensing

deals...

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National Oilwell Varco lays off another 520 staff in Norway

OSLO, April 22 (Reuters) - U.S. oilfield equipment maker and

service provider National Oilwell Varco Inc will cut its

Norwegian workforce by another 520 people after low oil prices

resulted in fewer...

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Schaeuble says supports reducing risks from link between banks, govt bonds

AMSTERDAM, April 22 (Reuters) - German Finance Minister

Wolfgang Schaeuble said on Friday that he was strongly in favour

of reducing the risks that arise from banks holding too many

government bonds.

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European shares fall for second day as automakers skid

LONDON, April 22 (Reuters) - European shares fell on Friday

following some disappointing company news, with automaker

Daimler sliding after its results and a planned probe into its

emissions...

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Thursday, April 21, 2016

Italy - Factors to watch on April 22

The following factors could affect Italian markets on Friday.

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Nikkei climbs to 11-1/2 week high on weaker yen, possible BOJ policy moves

TOKYO, April 22 (Reuters) - Japan's benchmark Nikkei index

climbed to an 11-1/2 week high after the U.S. dollar rose above

110 yen for the first time since April 6, lifting a broad swath

of shares...

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European Factors to Watch-Shares head for weaker start

LONDON, April 22 (Reuters) - Financial spreadbetters

predicted Britain's FTSE 100 to open around 32 points

lower, or down 0.5 percent, Germany's DAX to fall 43

points, or 0.4 percent, and France's...

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Nikkei hits 11-1/2 wk high as yen skids on report BOJ considering policy moves

TOKYO, April 22 (Reuters) - Japan's benchmark Nikkei index

climbed to an 11-1/2 week high after Bloomberg reported the Bank

of Japan is considering applying negative rates to its lending

program for...

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JGBs dip as safe-haven bids recede, Nikkei rise dims bonds' appeal

TOKYO, April 22 (Reuters) - Japanese government bond prices

dipped on Friday as safe-haven bids continued to recede as

investor risk appetite improved globally.

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Morning News Call - India, April 22

To access the newsletter, click on the link:



http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_04222016.pdf





FACTORS TO WATC

2:00...

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BRIEF-MDL Plaintiffs- Reached agreement with Volkswagen on claims of all 2 liter TDI owners,lessees

* MDL PLAINTIFFS' STEERING COMMITTEE - Agreement in

principle reached in Volkswagen "clean diesel" (emissions defeat

device) MDL No. 2672

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BRIEF-Valeant seeks to name Perrigo's Joseph Papa to be new CEO- CNBC citing DJ

* Valeant Pharmaceuticals International seeks to name

Perrigo's Joseph Papa to be new CEO - CNBC citing DJ

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CORRECTED-SecureWorks raises $112 million in year's first technology IPO

April 21 (Reuters) - Dell Inc's cyber security unit

SecureWorks Corp raised $112 million in the first U.S.

initial public offering of a technology company in 2016, less

than it had hoped for, amid...

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CORRECTED-UPDATE 1-SecureWorks raises $112 million in year's first technology IPO

April 21 (Reuters) - Dell Inc's cyber security unit

SecureWorks Corp raised $112 million in the first U.S.

initial public offering of a technology company in 2016, less

than it had hoped for, amid...

Read more
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BRIEF-Independent Bank Group announces senior leadership changes

* Independent bank group, inc. Announces senior leadership

changes

Source text for Eikon:

Further company coverage:

(Bengaluru Newsroom: +1-646-223-8780)

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BRIEF-Summit Midstream Partners declares quarterly cash distribution

* Summit midstream partners lp says declared a quarterly

cash distribution of $0.575 per unit on all of its outstanding

common units

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BRIEF-Illumina files patent infringement suit against Genoma SA

* Illumina files patent infringement suit in Switzerland

against Genoma SA for infringement of NIPT patents

Read more
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BRIEF-E*TRADE Financial Q1 earnings per share $0.53

* e*trade financial corporation announces first quarter 2016

results

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BRIEF-Healthverity, Inc. says it has sold $7.2 mln in equity financing - SEC Filing

* Healthverity, Inc. says it has sold $7.2 mln in equity

financing - SEC Filing

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UPDATE 3-VW forges U.S. deal arising from diesel emissions scandal

* Settlement could cost VW at least $10 billion

(Recasts lead, adds additional details of settlement, reaction

from environmentalists, New York's attorney general)

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Mexico's Ara plans 4 bln peso investment to build 10,000 homes

MEXICO CITY, April 21 (Reuters) - Mexican homebuilder

Consorcio Ara on Thursday unveiled plans to invest 4

billion pesos ($229.64 million) in the construction of 10,000

new homes over the next 3 to 4...

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EU executive seeks to ease regulatory burden on small banks

LONDON, April 21 (Reuters) - The European Union will propose

changing the bloc's rules on bank capital requirements to ease

the burden on smaller lenders in a bid to boost growth, EU

financial...

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CANADA STOCKS-TSX seesaws as financials weigh

TORONTO, April 21 (Reuters) - Canada's main stock seesawed

on Thursday as losses for financial sector stocks offset gains

for the materials group.

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UPDATE 4-Strike to pressure Verizon earnings; Q1 net income meets estimates

April 21 (Reuters) - Verizon Communications Inc said

an ongoing strike by its wireline workers was expected to hurt

earnings in the current quarter, even as it reported

first-quarter net income that...

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US STOCKS-Wall St weighed down by lower oil, weak earnings

* Indexes down: Dow 0.02 pct, S&P 0.18 pct, Nasdaq 0.08 pct

(Updates to open)

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UPDATE 1-SunEdison files for Chapter 11 bankruptcy protection

April 21 (Reuters) - U.S. solar energy company SunEdison Inc

filed for Chapter 11 bankruptcy protection on Thursday,

becoming one of the largest non-financial companies to do so in

the past 10 years.

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BRIEF-Prosper Gold corp acquires Galahad leases and increases Ontario land position to 9,813 hectares

* Prosper gold corp. Acquires galahad leases and increases

ontario land position to 9,813 hectares

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BRIEF-Monarch Financial reports Q1 earnings per share $0.34

* Monarch financial profits rise 17 percent to a new

quarterly record, cash dividend declared

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UPDATE 1-GM earnings beat estimates on strength in North America

DETROIT, April 21 (Reuters) - General Motors Co on Thursday

reported higher-than-expected quarterly earnings, citing strong

results in North America and an improved performance in Europe.

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UPDATE 2-Lazard's profit misses expectations as deal activity slows

April 21 (Reuters) - Financial advisory firm and asset

manager Lazard Ltd reported a worse-than-expected 35

percent drop in adjusted quarterly profit as volatile global

markets slowed dealmaking.

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UPDATE 2-D.R. Horton profit beats on higher home sales

* PulteGroup's 1st-qtr orders also rise 10 pct

(Adds details, background, shares)

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North America, Europe lift GM to record first quarter

DETROIT, April 21 (Reuters) - General Motors Co said on

Thursday net income for the first quarter of 2016 more than

doubled to $2 billion, or $1.24 a share, driven by stronger

results in North...

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Lazard quarterly profit jumps 19 pct

April 21 (Reuters) - Lazard Ltd's quarterly profit

rose 19 percent as the financial advisory firm and asset manager

cut operating costs by more than a fifth.

Read more
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PRESS DIGEST- Canada - April 21

April 21 (Reuters) - The following are the top stories from

selected Canadian newspapers. Reuters has not verified these

stories and does not vouch for their accuracy.

Read more
Posted by at No comments:

Norwegian Air says Airbus A320neo jets delayed by 2-3 months

OSLO, April 21 (Reuters) - Airbus has delayed

deliveries of its revamped A320neo jet by two to three months

due to additional tests of the Pratt & Whitney engines,

budget carrier Norwegian Air said...

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Insured losses from Japan's April 16 earthquake up to $2.9 bln-AIR Worldwide

LONDON, April 21 (Reuters) - Insured property losses from

the April 16 earthquake in Japan could total as much as $2.9

billion, catastrophe modelling firm AIR Worldwide said on

Thursday.

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European Factors to Watch-Equity futures rise with ECB in focus

LONDON, April 21 (Reuters) - European equity futures rose on Thursday, with

many investors focusing on a European Central Bank (ECB) meeting later in the

day at which ECB President Mario Draghi is...

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Nikkei hits 2-1/2 month high on sliding yen, rising hopes of BOJ easing

TOKYO, April 21 (Reuters) - Japanese stocks rose to a 2-1/2

month high on Thursday after the yen resumed a weakening trend

against the U.S. dollar amid a bounce in oil prices and growing

expectations...

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Wednesday, April 20, 2016

European Factors to Watch-Shares seen higher at open with ECB in focus

LONDON, April 21 (Reuters) - European stocks were seen opening higher on

Thursday, with many investors focusing on a European Central Bank (ECB) meeting

later in the day at which ECB President Mario...

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PRESS DIGEST- New York Times business news - April 21

April 21 (Reuters) - The following are the top stories on

the New York Times business pages. Reuters has not verified

these stories and does not vouch for their accuracy.

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BRIEF-Fibrogen says phase 2 data show Roxadustat corrected Anemia in chronic kidney disease patients before intervention with dialysis

* Promising phase 2 data show Roxadustat corrected Anemia in

chronic kidney disease patients before intervention with

dialysis

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CORRECTED-Morning News Call - India, April 21

(Corrects date in headline to April 21, from April 20)

To access the newsletter, click on the link:



http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_04212016.pdf

...

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GLOBAL MARKETS-Asian shares near 5-1/2-month highs as oil prices rise

* Investors hope oil producers may eventually agree to ease

glut

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BRIEF-Victoria Gold announces C$24 mln investment

* Victoria Gold announces C$24 million investment by

Electrum Strategic Opportunities Fund L.P. and Sun Valley Gold

LLC

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UPDATE 1-Wal-Mart shrinks board to 12, founder's son to retire

April 20 (Reuters) - Wal-Mart Stores Inc said on

Wednesday it will shrink its board by three members to 12,

bringing it closer to U.S. corporate norms in a move the largest

U.S. retailer hopes would...

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UPDATE 2-At least 3 reported killed in blast at Pemex complex in Mexico

MEXICO CITY, April 20 (Reuters) - An explosion rocked a

major petrochemical facility of Mexican national oil company

Pemex in the Gulf state of Veracruz on Wednesday, and the state

governor said he...

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UPDATE 5-Harriet Tubman to be first African-American on U.S. currency

WASHINGTON, April 20 (Reuters) - Anti-slavery crusader

Harriet Tubman will become the first African-American on the

face of U.S. paper currency, and the first woman in more than a

century, when she...

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UPDATE 1-Newmont Mining investigates some activities outside of U.S.-filing

April 20 (Reuters) - Newmont Mining Corp is

conducting an investigation into certain

business activities of the company, its affiliates and

contractors in countries outside the United States, the...

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BRIEF-Wal mart Stores CEO Douglas Mcmillon's fy 2016 total compensation was $19.8 mln

* Ceo douglas mcmillon's fy 2016 total compensation $19.8

million versus $19.4 million in fy 2015 - sec filing

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BRIEF-Preferred bank reports Q1 earnings per share $0.56

* Q1 earnings per share view $0.56 -- Thomson Reuters

I/B/E/S

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UPDATE 2-Citadel to launch new stock unit, taps Diamondback Capital co-founder as head

BOSTON, April 20 (Reuters) - Hedge fund Citadel is launching

a new stock-picking unit later this year and has hired industry

veteran Richard Schimel to run it, illustrating the $24 billion

firm's...

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Fisher-Price, Hot Wheels help Mattel beat sales estimates

April 20 (Reuters) - Toymaker Mattel Inc reported a

smaller-than-expected drop in quarterly net sales, as strong

demand for its Hot Wheels and Fisher-Price toys helped offset

the loss of a lucrative...

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CANADA STOCKS-TSX rises, led by financials and energy as oil rallies

TORONTO, April 20 (Reuters) - Canada's main stock index rose

on Wednesday to a near six-month high, led by financial sector

and energy stocks after oil turned higher.

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BRIEF-Moody's changes Caterpillar outlook to negative; Affirms A2 Long Term and Prime-1 short-term ratings

* Moody's changes Caterpillar outlook to negative; Affirms

A2 Long Term and Prime-1 short-term ratings

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US STOCKS-Wall St nears record high after upbeat quarterly reports

* Indexes up: Dow 0.57 pct, S&P 0.41 pct, Nasdaq 0.51 pct

(Updates to afternoon)

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GLOBAL MARKETS-Oil bounces after stockpile data; dollar gains

* Oil prices rise on government data, talk of producers'

meeting

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UPDATE 4-Alere shares sink after Abbott CEO fuels speculation deal at risk

April 20 (Reuters) - Abbott Laboratories Inc's chief

executive said on Wednesday it would not be appropriate to

comment on whether the company was committed to buying

diagnostics company Alere Inc,...

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Brazil bank lobby chief tops Temer's finance minister list, source says

By Patricia Duarte, Guillermo Parra-Bernal and Eduardo

Simões

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BRIEF-Union Bankshares Inc Q1 earnings per share $0.39

* Union bankshares announces first quarter ended march 31,

2016 earnings and quarterly dividend payment

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Emerson launches sale of Motors and Drives unit - sources

FRANKFURT/LONDON, April 20 (Reuters) - Emerson Electric is

launching the sale of its Motors and Drives unit, which could be

valued at up to $800 million, as the U.S. group focuses on

divisions...

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UPDATE 2-Heart failure devices pump up St. Jude's profit revenue, profit

* Cardiac rhythm management unit qtrly revenue falls 10 pct

(Adds details, background)

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Massachusetts says State Street unit overcharged clients

BOSTON, April 20 (Reuters) - Massachusetts' top securities

regulator on Wednesday charged that a unit of custody bank State

Street Corp. overcharged custodial clients, including

pension, mutual and...

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BRIEF-Moody's says EMEA corporate defaults set to increase

* Moodys: EMEA corporate defaults set to increase as more

ratings fall into Caa

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EMG-backed oil firm buys shale acreage from Devon, changes name

HOUSTON, April 20 (Reuters) - Oil producer American

Energy-Woodford LLC, controlled by private equity firm Energy

and Minerals Group (EMG) and founded with the late energy

wildcatter Aubrey...

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CORRECTED-BRIEF-Devon Energy announces sale of non-core Mississippian assets

* Devon Energy announces sale of non-core Mississippian

assets

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BRIEF-Newalta closes $54 mln bought deal and private placement equity financing

* Newalta closes $54 million bought deal and private

placement equity financing

Source text for Eikon:

Further company coverage:

(Bengaluru Newsroom: +1 646 223 8780)

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COLUMN-Global refining margins help lift crude oil prices: Kemp

LONDON, April 20 (Reuters) - Global refining margins have

improved significantly in recent weeks which should support

strong demand for crude and lend some strength to both spot

prices and spreads in...

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Abbott sales and earnings beat estimates

April 20 (Reuters) - Abbott Laboratories Inc posted

better-than-expected quarterly profit and sales, helped by

strength across all its businesses.

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BRIEF-Canadian Pacific reports Q1 earnings per share C$3.51

* Operating ratio improved by 430 basis points

year-over-year and for a third straight quarter was below 60

percent

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REFILE-UPDATE 1-Coca-Cola sales fall on strong dollar, weak Europe demand

April 20 (Reuters) - Coca-Cola Co's sales fell for

the fourth straight quarter as demand for its fizzy drinks

declined in Europe and a strong dollar eroded the value of sales

in markets outside the...

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BRIEF-Alnylam reports data from ongoing mid-phase open-label study of Patisiran

* Alnylam reports complete 18-month data from ongoing phase

2 open-label extension study of patisiran, an investigational

rnai therapeutic targeting transthyretin for the treatment of

hereditary attr...

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UPDATE 2-Zodiac Aerospace says tackling seat delays, shares jump

PARIS, April 20 (Reuters) - Zodiac Aerospace said

on Wednesday it had shortened average delays in aircraft seat

production to days rather than months, sending its shares higher

in a respite from...

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UPDATE 2-EU charges Google with abusing Android market dominance

* EU has already charged Google over Internet shopping

(Adds Google, lead complainant response)

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Russia says Dutch ruling stops Yukos shareholders' asset seizures

AMSTERDAM, April 20 (Reuters) - Russia said a Dutch court's

ruling in the $50 billion Yukos arbitration dispute meant the

defunct oil giant's shareholders could no longer sue in national

courts...

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UPDATE 1-Sterling slips after UK unemployment rises first time since mid-2015

LONDON, April 20 (Reuters) - Sterling dipped on Wednesday

after data showed the number of unemployed in Britain rising

while wage growth fell short of expectations, adding to a view

that recent...

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Catastrophe bond issuance hits record $2 bln in Q1 - report

LONDON, April 20 (Reuters) - Catastrophe bond issuance rose

35 percent in the first quarter to a record $2 billion,

insurance broker and consultancy Willis Towers Watson said on

Wednesday, as...

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BRIEF-Zodiac Aerospace says seat delays reduced to days from months

* Says may need to modify 6,000 seats after talks with FAA,

already provisioned in results

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UPDATE 2-BOJ's Kuroda signals readiness to top up ETF purchases

* BOJ seen more receptive to topping up ETF buying-sources

(Adds quotes, details)

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European shares retreat on weaker commodities, ARM up

LONDON, April 20 (Reuters) - European equities retreated

from their three-month highs on Wednesday, mirroring losses in

Asia, with a fall in oil and metals prices putting pressure...

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Tuesday, April 19, 2016

Vimpelcom plans to issue eurobonds worth up to $1.2 bln, source says

MOSCOW, April 20 (Reuters) - Amsterdam-based mobile phone

operator Vimpelcom plans to issue two tranches of 4-year

and 7-year eurobonds worth up to $1.2 billion, a banking source

told Reuters on...

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Nikkei ends slightly stronger, underpinned by Wall Street's gains

TOKYO, April 20 (Reuters) - Japanese stocks edged up on

Wednesday but retreated from three-week highs earlier in the

session as the yen firmed marginally against the dollar,

hampering exporters'...

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UPDATE 1-United Airlines poised to shake up board further - sources

NEW YORK, April 19 (Reuters) - United Continental Holdings

Inc is close to announcing new board appointments on

Wednesday in a settlement with activist investors, averting a

long fight over...

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BRIEF-Toshiba preparing to write down value of Westinghouse stake-sources

* Toshiba preparing to write down value of Westinghouse

stake by around 200 billion yen ($1.8 billion) - sources

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FOREX-Commodity currencies pull back from highs as crude oil surge stalls

* Disappointing U.S. data pins dollar down on euro

(Updates prices and details, adds quotes)

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Baidu says completed around $155 mln fundraising for new video business subsidiary

BEIJING, April 20 (Reuters) - Baidu Inc has

completed raising around 1 billion yuan ($154.69 million) for a

new video business subsidiary, it said in a posting on its

microblog on Wednesday.

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United Airlines poised to shake up board further-sources

NEW YORK, April 19 (Reuters) - United Continental Holdings

Inc is close to announcing new board appointments on

Wednesday, just a month after it appointed three new directors,

averting a protracted...

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PRESS DIGEST- Financial Times - April 20

April 20 (Reuters) - The following are the top stories in

the Financial Times. Reuters has not verified these stories and

does not vouch for their accuracy.

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UPDATE 3-Intuitive Surgical boosts procedure growth forecast

April 19 (Reuters) - Intuitive Surgical Inc on

Tuesday reported better-than-expected first-quarter profit on

expanded use of its da Vinci robots in U.S. general surgeries

such as hernia repair, and...

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Insurers see best returns from private equity in next 12 months -survey

LONDON, April 20 (Reuters) - Global insurers expect private

equity to produce the highest returns in the next year and a

quarter plan to increase allocations to the asset class, a

Goldman Sachs Asset...

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Sumner Redstone's granddaughter backs mental competency lawsuit

LOS ANGELES, April 19 (Reuters) - A granddaughter of Sumner

Redstone wants to join Redstone's ex-girlfriend in a lawsuit

challenging Redstone's mental competency, court filings show, an

indication...

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BRIEF-Toshiba ceo to step down as early as june - media report

* Report

Source text for Eikon:

Further company coverage:

(Reporting By Ritsuko Ando in Tokyo)

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UPDATE 2-Brazil's Rousseff slams impeachment drive as 'sexist'

BRASILIA, April 19 (Reuters) - Brazil's left-leaning

President Dilma Rousseff said on Tuesday she had been singled

out for impeachment by a male dominated Congress partly because

she is a woman and...

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BRIEF-Hancock Q1 earnings per share $0.05

* Q1 earnings per share view $0.05 -- Thomson Reuters

I/B/E/S

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BRIEF-JMP Group declares Q2 2016 monthly distributions

* JMP group declares second quarter 2016 monthly

distributions and increases share repurchase authorization

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VMware quarterly revenue rises 5.2 pct

April 19 (Reuters) - VMware Inc reported a 5.2

percent rise in quarterly revenue as strong growth in its newer

software offerings more than made up for declining demand for

its traditional...

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BRIEF-Yahoo sees Q2 revenue ex-TAC $810 mln-$850 mln

* Sees Q2 non-GAAP operating income to be between loss of $5

million and income of $15 million

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UPDATE 2-Bank of Canada head says inflation target still 'live issue'

OTTAWA, April 19 (Reuters) - The Bank of Canada is looking

closely at what level of inflation it should aim for as it

prepares for talks with the government about renewing its

mandate, but the bar to...

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UPDATE 3-Higher ad spending in N.America boosts Omnicom, Publicis

April 19 (Reuters) - Omnicom Group Inc and Publicis

, the world's No.2 and No.3 advertising agencies,

reported higher quarterly revenue on Tuesday, boosted by

spending in North America.

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BRIEF-Maxi Mobility Inc says it has sold $93.5 mln in equity financing - SEC Filing

* Maxi Mobility, Inc says it has sold $93.5 mln in equity

financing - SEC Filing

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BRIEF-Cornershop says it has sold $9.1 mln in equity financing - SEC filing

* Says it has sold $9.1 million in equity financing - SEC

filing

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Apple, FBI return to Congress to spar over encryption

WASHINGTON, April 19 (Reuters) - The growing use of strong

default encryption on mobile devices and communications by

criminal suspects is handicapping investigators' ability to

pursue them, law...

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BRIEF-Driehaus Capital Management reports 9.90 pct stake in carmike cinemas

* Driehaus capital management reports 9.90 percent stake in

carmike cinemas as of april 18 versus 8.0 percent stake as of

march 22 reported earlier - sec filing

Source text :...

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