Monday, May 30, 2016

BRIEF-Blumetric Q2 shr $0.01

May 30 (Reuters) - Blumetric Environmental Inc :



* Blumetric announces 2nd quarter fy2016 results



* Q2 revenue c$7.9 million versus c$7.8 million



* Qtrly earnings per share $0.01



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Coca-Cola launches debut 4 and 8 year kangaroo bond offering

SYDNEY, May 31 (IFR) - Coca-Cola has announced

details of a debut Kangaroo bond transaction with the global

drinks giant expected to price four and eight-year bonds no

later than tomorrow, June 1.

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PRESS DIGEST- Financial Times - May 31

May 31 (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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BRIEF-Almonty Industries to buy ATC Alloys

* Says Almonty Industries to acquire ATC via a recommended

off-market takeover bid

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BRIEF-Rockwell's Q4 revenue $10.4 million vs $17.1 million

* Says decision has been taken to outsource mining on a

fixed pay-per-volume delivered basis

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BRIEF-Imperus Technologies Q1 shr $0.01

* Imperus reports 2016 first quarter financial results and

announces proposal to change name to "Tangelo Games Corp."

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BRIEF-EEStor Corporation Q2 shr loss C$0.01

May 30 (Reuters) - EEStor Corporation



* EEStor Corporation reports 2016 second quarter results



* Qtrly loss per share $0.01



* All figures in C$



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UPDATE 1-Viacom's independent directors vow to fight ouster attempt

NEW YORK, May 30 (Reuters) - Viacom Inc's six

independent directors will fight any attempt to oust them from

the U.S. media company's 11-member board, Lead Independent

Director Fred Salerno said in a letter to shareholders on

Monday.

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BRIEF-Eurocontrol Technics reports qtrly earnings of $0.15 per share

* Q1 revenue fell 7 percent to c$302,700

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BRIEF-Aben Resources sets stock options

* Granting of incentive stock options up to an aggregate of

1 million shares at an exercise price of $0.07 per share for a

period of 5 yrs

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BRIEF-UGE International Q1 shr loss $0.08

* Revenue for three months ended march 31, 2016 was $1.0

million, an increase of 47% from same period of prior year

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CANADA STOCKS-TSX dips as energy stocks retreat ahead of OPEC meeting

TORONTO, May 30 (Reuters) - Canada's benchmark stock index

edged lower on Monday as energy stocks retreated ahead of a

meeting of oil producers later in the week, while mining stocks

and financials also fell in a low-volume session for the index

with U.S. markets closed for Memorial Day.

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BRIEF-Canadian Spirit Resources Q1 shr $0.00

* Canadian Spirit Resources Inc. announces first quarter

2016 financial results

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BRIEF-Yangaroo Inc Q1 shr loss $0.006

* Revenue for Q1 was $1.3 million, 8% higher than revenue

for same period in 2015

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UPDATE 1-Brazil's Temer pressed to drop anti-corruption minister

BRASILIA, May 30 (Reuters) - Brazil's interim President

Michel Temer was under pressure on Monday to drop his

anti-corruption minister, the second top official in his new

government accused of trying to derail a sprawling bribery and

kickback probe before taking office.

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UPDATE 1-Petrobras CEO Bendine offers resignation; replacement passes test

RIO DE JANEIRO, May 30 (Reuters) - Aldemir Bendine, chief

executive officer of Brazil's state-led oil company Petroleo

Brasileiro SA, offered his resignation on Monday and

is set to be replaced by Pedro Parente, a source with direct

knowledge of the situation told Reuters.

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UPDATE 3-Verizon, unions agree to pay raises, new jobs to end strike

May 30 (Reuters) - An agreement between Verizon

Communications Inc and unions potentially ending a nearly

seven-week strike includes 1,400 new jobs and pay raises topping

10 percent, the company and unions representing about 40,000

workers said on Monday.

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BRIEF-Asahi Kasei to pursue large mergers and acquisitions during three years through fiscal 2018 - Nikkei

* Asahi Kasei plans to pursue large mergers and acquisitions

valued in excess of 100 billion yen apiece during three years

through fiscal 2018 - Nikkei

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Russia's Mechel says shareholders approve debt restructuring deals

MOSCOW, May 30 (Reuters) - Indebted Russian coal and steel

producer Mechel said on Monday that its shareholders

had approved a series of debt restructuring deals.

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UPDATE 1-Peugeot family to meet French government over carmaker stake -source

PARIS, May 30 (Reuters) - The Peugeot family plans to hold

informal talks with the French government on Tuesday to discuss

the future of its stake in carmaker Peugeot PSA Citroen

, a source said on Monday.

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EU mergers and takeovers (May 30)

BRUSSELS, May 30 (Reuters) - The following are mergers under

review by the European Commission and a brief guide to the EU

merger process:

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EMERGING MARKETS-Latam stocks, currencies seesaw in holiday-thinned trade

By Bruno Federowski

SAO PAULO, May 30 (Reuters) - Latin American stocks and

currencies seesawed on Monday on thin trading volume due to

market holidays in the United States and the United Kingdom.

U.S. and U.K. markets were closed for the Memorial Day and

spring bank holidays, respectively.

"Local markets get stale when U.S. markets are closed," said

João Paulo de Gracia Corrêa, a trader with SLW brokerage in

Brazil.

The Brazilian real rose 0.4 percent after weakening

more than 2

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BRIEF-Genmab achieves $30 mln milestone in deal with Janssen

* Says milestone triggered by first commercial sale of

Darzalex in Europe

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BRIEF-Latin American Minerals amends terms of private placement and metal purchase agreement

* Non-Binding metal purchase agreement term sheet, signed

with Silver Stream SEZ on March 1, 2016 has now expired

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UPDATE 1-Lufthansa says owed more than $100 million by Venezuela

FRANKFURT, May 30 (Reuters) - Venezuela owes Lufthansa

more than $100 million in ticket revenue, the German

carrier said on Monday, following news it was suspending flights

there next month.

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UPDATE 1-Workers at French oil port terminal extend strike - union

PARIS, May 30 (Reuters) - Workers at the CIM oil terminal

that handles about 40 percent of French crude imports have voted

to extend their strike at the Le Havre oil port hub until 1000

GMT on Wednesday, a CGT union official told Reuters.

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BRIEF-Americas Petrogas Q1 loss per share $0.03

* Q1 loss per share $0.03

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BRIEF-Arpetrol qtrly revenue $3.4 million

* Arpetrol Ltd Provides an update on sale of substantially

all of its assets and announces first quarter 2016 financial and

operating results

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RPT-Alibaba tells vendors to halt drug sales online, cites government rule change

SHANGHAI, May 30 (Reuters) - Chinese e-commerce firm Alibaba

Group Holding Ltd has told vendors on its Tmall website

to stop selling medicine, saying a local regulator has issued an

"urgent" directive halting drug sales via third-party platforms.

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BRIEF-Response Biomedical says plans to enter into private placement

* Response Biomedical Corp announces intention to enter into

private placement

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Airbus exec sees no new output rises, rejigs A320 deliveries

HAMBURG, May 30 (Reuters) - The operations chief of Europe's

Airbus on Monday dampened expectations that the

planemaker would keep raising output on top of plans already

announced.

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BRIEF-Sinomach Automobile signs agreement with Alibaba's car affiliate

* Says it signs strategic agreement with Alibaba Group's car

affiliate on areas including car sales, finance leasing and auto

parts

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UPDATE 1-Japan's JX expects June oil product exports to be at record

* June oil product exports to beat record set in April

* Exports expected to reach 220,143 bpd, up 43 pct y/y

* JX oil refining for domestic market to fall 6 pct y/y

(Adds details, tables)

TOKYO, May 30 (Reuters) - Japan's biggest oil refiner JX

Holdings Inc said on Monday it expects its refined

product exports in June to reach a record, amid a push to offset

falling demand in its home market.

Japanese refiners are bumping up gasoline and middle

distillate exports to boost ear

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BRIEF-Mediavalet reports 2016 first quarter results

* Qtrly loss per share $0.02

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German shares hit one-month high, PostNL surges

LONDON, May 30 (Reuters) - Germany's DAX share index climbed

to a one-month high on Monday, with some investors betting that

the euro's relative weakness against the U.S. dollar would

underpin German exporters.

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UPDATE 1-Airbus says output hikes challenging but will meet goals

HAMBURG, May 30 (Reuters) - The planemaking arm of Airbus

Group is sticking to targets for deliveries of its new

A320neo and A350 jets in 2016, despite a slow start to the year

caused mainly by disruptions in the supplies of engines and

cabin equipment, executives said.

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REFILE-Airbus cuts A380 costs by shifting overheads to A320 programme

HAMBURG, May 30 (Reuters) - Airbus is cutting costs on its

A380 superjumbo partly by redeploying some of its overheads to

the expanding A320 programme, Chief Operating Officer Tom

Williams said on Monday.

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GLOBAL MARKETS-European shares hit 1-mth high, dollar firms on Yellen's hike hint

LONDON, May 30 (Reuters) - European shares hit one-month

highs on Monday, while the dollar index rose to a two-month peak

after Federal Reserve Chair Janet Yellen suggested that an

interest rate hike in the United States may be around the

corner.

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Sunday, May 29, 2016

Puma Energy may go public; valuation seen at more than $6 bln - Sky News

May 30 (Reuters) - Integrated midstream and downstream oil

group Puma Energy is in talks with banks that could lead to a

public listing valuing the company at more than $6 billion, Sky

News reported.

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Indian missiles, copters, subs - Anil Ambani's ambitious defense plan

NEW DELHI/MUMBAI, May 30 (Reuters) - Anil Ambani's Reliance

Group has never made a military helicopter, missile system or

submarine in its history but that isn't stopping the Indian

tycoon from seeking to win contracts to manufacture all of that

military hardware and more.

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Nikkei hits more than 1-mth high on weak yen, sales tax hike delay

* Investors not taking big positions before June events -

traders

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SPOT GOLD FALLS 1 PCT TO $1199.95/OZ ON U.S. FED RATE HIKE PROSPECTS, STRONGER DOLLAR AT 0130 GMT

SPOT GOLD FALLS 1 PCT TO $1199.95/OZ ON U.S. FED RATE

HIKE PROSPECTS, STRONGER DOLLAR AT 0130 GMT

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GLOBAL MARKETS-Asia shares slip, dollar firm after Yellen's hike remarks

* Wall Street rises ahead of U.S. Memorial Day holiday

weekend

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China bets on duty-free paradise to keep luxury spenders at home

SANYA, China, May 30 (Reuters) - China's efforts to lift

local consumption, spur domestic tourism and keep within its

borders citizens that splurge in Milan or Seoul have spawned a

duty-free paradise on the southern island of Hainan that it

hopes will satisfy a lust for luxury.

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UPDATE 1-Boeing mulls larger engine for biggest 737 MAX -sources

* Boeing mulls offering larger LEAP engine on largest 737

MAX

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RPT-Australian gold output slips 2 pct as miners dig lower grade ore

SYDNEY, May 29 (Reuters) - Gold output in Australia, the

world's second biggest producer, slipped 2 percent in the first

quarter, due in part to mining of lesser grade ores during a

period of higher bullion prices, a survey released on Sunday

showed.

Read more

DP World lands deal to manage port in Somaliland -WSJ

May 29 (Reuters) - DP World has reached an

agreement to manage the Berbera port in Somaliland, which would

allow it to become a major hub for goods to transit to and from

the Horn of Africa, the Wall Street Journal reported on Sunday.

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Suncor Energy says resuming operations after Canada wildfire

TORONTO, May 29 (Reuters) - Suncor Energy Inc is

resuming operations after its sites in Canada's energy heartland

of Alberta stopped production because of a wildfire, the company

said on Sunday.

Read more

UPDATE 1-Suncor ramping up operations after Canada wildfire

TORONTO, May 29 (Reuters) - Suncor Energy Inc's

facilities north of Fort McMurray, Alberta, are expected to

partially restart by the end of the week, the company said on

Sunday, the latest sign Canadian oil sands producers are coming

back online after a massive wildfire.

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ConAgra Foods stock seen rising 30 pct - Barron's

NEW YORK, May 29 (Reuters) - ConAgra Foods' stock

could climb up to 30 percent in the coming months as the U.S.

packaged food company seeks to shed businesses, improve existing

brands and achieve lower overheads, Barron's said in its latest

online edition.

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Boeing mulls larger engine for biggest 737 MAX-sources

* Boeing mulls putting engine like LEAP-1A on largest 737

MAX

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BRIEF-Suncor Energy says resuming operations after sites shut in Canada wildfire

* Announced restart of operations after its facilities were

shut in Canadian wildfire

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Leviathan partners sign $3 bln Israeli natgas supply deal

JERUSALEM, May 29 (Reuters) - The partners in Israel's

Leviathan natural gas field said on Sunday they had signed a

deal to supply as much as $3 billion worth of gas to a new

private power plant in central Israel.

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Data analysis from Paris raid on Google will take months, possibly years -prosecutor

PARIS, May 29 (Reuters) - Analysis of data seized by

investigators in last week's raid of Google's Paris

headquarters could possibly take years, French financial

prosecutor Eliane Houlette said on Sunday.

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New incentives needed to develop antibiotics to fight superbugs

NEW YORK, May 27 (Reuters) - Drugmakers are renewing efforts

to develop medicines to fight emerging antibiotic-resistant

bacteria, but creating new classes of drugs on the scale needed

is unlikely to happen without new financial incentives to make

the effort worth the investment, companies and industry experts

said.

Read more

French finmin rules out Google tax deal, more firms could be targeted

PARIS, May 29 (Reuters) - France will "go all the way" to

ensure that multinationals operating on its soil pay their taxes

and more cases could follow after Google and McDonald's were

targeted by tax raids, Finance Minister Michel Sapin said.

Read more

Saturday, May 28, 2016

Australian gold output slips 2 pct as miners dig lower grade ore

SYDNEY, May 29 (Reuters) - Gold output in Australia, the

world's second biggest producer, slipped 2 percent in the first

quarter, due in part to mining of lesser grade ores during a

period of higher bullion prices, a survey released on Sunday

showed.

Read more

Lufthansa suspends Caracas flights as Venezuelan economy struggles

CARACAS, May 28 (Reuters) - German airline Deutsche

Lufthansa AG said on Saturday it will temporarily

suspend flights to Venezuela as of next month due to economic

difficulties in the South American nation and problems

converting local currency into dollars.

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India's Sun Pharma gets U.S. subpoena over generic drugs pricing

MUMBAI, May 28 (Reuters) - The U.S. Department of Justice

(DoJ) has subpoenaed India's largest drugmaker Sun

Pharmaceutical Industries Ltd seeking information about

the pricing and marketing of the generic drugs it sells in the

United States, the company said on Saturday.

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UPDATE 1-Chinese users criticise Microsoft's push for Windows 10 upgrade-Xinhua

SHANGHAI, May 27 (Reuters) - Chinese users of Microsoft

products are criticising the software company's push to

get them to mandatorily upgrade their Windows operating systems,

the official Xinhua news agency reported on Friday.

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Friday, May 27, 2016

BRIEF-FCMI Parent acquires securities of Golden Predator Mining

* Acquired beneficial ownership, control over 4 million

units of golden predator at price of $0.16 per unit for

aggregate purchase price of $640,000

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Gawker privacy lawsuit evolves into battle of tech billionaires

SAN FRANCISCO, May 27 (Reuters) - Billionaire media owner

Pierre Omidyar is backing news and entertainment web site Gawker

Media in its lawsuit against wrestler Hulk Hogan, adding a new

twist to a case pitting technology money against press freedom.

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New incentives needed to develop antibiotics to fight superbugs

NEW YORK, May 27 (Reuters) - Drugmakers are renewing efforts

to develop medicines to fight emerging antibiotic-resistant

bacteria, but creating new classes of drugs on the scale needed

is unlikely to happen without new financial incentives to make

the effort worth the investment, companies and industry experts

said.

Read more

BRIEF-Republic Airways, United Airlines reach agreement on long-term relationship

* Republic Airways Holdings Inc and United Airlines reach

comprehensive agreement on a long term commercial relationship

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BRIEF-Resolute performance calls for sale of Wesdome gold mines

* Resolute performance fund calls for a sale of Wesdome Gold

Mines

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BRIEF-Hawk exploration Q1 loss per share C$0.03

* Reported a net loss in Q1 of 2016 of $1.3 million or $0.03

per share

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BRIEF-Edgefront Real Estate qtrly normalized FFO per unit $0.047

* Edgefront Real Estate Investment Trust announces stable Q1

results and June distribution

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BRIEF-TransAlta Renewables announces pricing of $159 mln project

* Bonds are amortizing and bear interest from their date of

issue at a rate of 3.963%, payable semi-annually

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BRIEF-Natuzzi S.p.A Q1 EBITDA euro 4.3 million

* Qtrly positive ebitda of euro 4.3 million

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BRIEF-U.S. FDA approves Zinbryta to treat multiple sclerosis

* Zinbryta has a boxed warning & is available only through a

restricted distribution program under a risk evaluation and

mitigation strategy

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BRIEF-KVH Industries appoints John McCarthy as interim CFO

* KVH industries announces appointment of John McCarthy as

interim chief financial officer

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BRIEF-Cyclacel Pharmaceuticals announces reverse stock split

* Cyclacel announces reverse stock split

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Court sets June 7 hearing on Viacom CEO's removal from Redstone trust

May 27 (Reuters) - A Massachusetts court has scheduled a

June 7 hearing on Viacom Chief Executive Philippe

Dauman's removal from the trust that will control the media

company when Sumner Redstone dies or is deemed incapacitated.

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US STOCKS SNAPSHOT-Wall St rises, caps best week since March

NEW YORK, May 27 (Reuters) - Wall Street rose on Friday and

capped off its strongest week since March after U.S. Federal

Reserve Chair Janet Yellen said an interest-rate hike would

likely be appropriate "in the coming months."

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DoubleLine's Gundlach: Yellen remark 'doesn't suggest' June hike

May 27 (Reuters) - Jeffrey Gundlach, the CEO of DoubleLine

Capital, said Friday that Federal Reserve chair Janet Yellen's

remarks that a rate hike would be appropriate in coming months

"doesn't suggest" a hike in June.

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GLOBAL MARKETS-Dollar, bond yields extend gains after Yellen

* U.S. stocks trim gains after Yellen speech

(Updates with reaction to Yellen remarks, adds European shares'

close)

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BRIEF-Merck shareholder proposal for report on disposal of unused or expired drugs defeated

* Shareholder proposal requesting report on disposal of

unused or expired drugs was defeated at annual meeting

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UPDATE 2-Managers take over operations, reopen pipes at French oil hub

* Union members to meet on Monday to decide next step

(Recast with managers taking over operations)

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BRIEF-Caesars Entertainment Corp provides financial outlook

* Sees net revenue $9,196 million in 2017, $9,620 million in

2018, $10,053 million in 2019, $10,468 million in 2020 for

Caesars Entertainment Corporation

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U.S. oil drillers cut rigs despite $50 crude -Baker Hughes

By Scott DiSavino

May 27 (Reuters) - U.S. oil drillers cut rigs for a ninth

week in the last 10, energy services company Baker Hughes Inc

said on Friday, despite crude prices this week testing a

seven-month high at $50 a barrel.

That is a key level that analysts and producers said would

trigger a return to the well pad.

Drillers cut 2 oil rigs in the week to May 27, bringing the

total rig count down to 316, the lowest level since October 2009

and about half the 646 rigs a year ago,

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Managers take over operations at French oil port terminal - union official

PARIS, May 27 (Reuters) - Managers have taken over

operations and reopened pipelines at the CIM oil port terminal

in Le Havre, northern France, after workers at the company voted

to extend their strike, a CGT union official said on Friday.

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BRIEF-Galantas announces Over-Subscribed private placement

* Says a maximum of 18.6 million shares are expected to be

issued, at a price of CDN$0.07875 per share

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CANADA STOCKS-TSX rises as financials rally; resource stocks dip with commodities

TORONTO, May 27 (Reuters) - Canada's main stock index rose

on Friday as financials rallied, while resource stocks retreated

with commodities and investors waited for possible clues on the

timing of U.S. interest rate hikes from Federal Reserve Chair

Janet Yellen.

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No change to gilt future trading times after Brexit vote - ICE

LONDON, May 27 (Reuters) - The main exchange for trading in

UK government bond futures said on Friday it will not open early

on the morning after Britain's vote on European Union

membership.

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BMW recalls 120,000 cars over Takata air bags - Bild

FRANKFURT, May 27 (Reuters) - German carmaker BMW

is recalling 120,000 cars in the United States for defective

Takata air bags, German paper Bild reported on its

website on Friday.

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BRIEF-Seaspan says additional partial redemption of Series C preferred shares

* Seaspan announces additional partial redemption of Series

C preferred shares

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BRIEF-WebMD announces exercise of over-allotment option for 2-5/8 pct convertible notes due 2023

* Exercise by initial purchaser of full over-allotment

option of $60 million aggregate principal amount of 2®%

convertible notes due 2023

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BRIEF-Multi-Color qtrly diluted EPS $0.49

* Qtrly net revenues increased 11% to $227.1 million from

$205.5 million compared to prior year quarter

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BRIEF-Seaspan accepts delivery of eighth 14000 TEU SAVER containership

* Seaspan accepts delivery of eighth 14000 TEU SAVER

containership

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BRIEF-Merck receives positive CHMP opinion for Zepatier in the EU

* Merck receives positive CHMP opinion for Zepatier(tm)

(Elbasvir and Grazoprevir) in the European Union

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BRIEF-Big Lots says qtrly comparable store sales up 3 pct

* Sees FY 2016 adjusted non-GAAP earnings per share $3.35 to

$3.50 from continuing operations

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BRIEF-Phoenix New Media announces new agreements with Phoenix TV

* Phoenix TV agreed to continue to license its copyrighted

content and trademarks to company's affiliated consolidated

entities

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BRIEF-Big Lots sets quarterly cash dividend of $0.21/share

* Sets quarterly cash dividend of $0.21 per share

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Push for encryption law falters despite Apple case spotlight

WASHINGTON/ SAN FRANCISCO, May 27 (Reuters) - After a

rampage that left 14 people dead in San Bernardino, key U.S.

lawmakers pledged to seek a law requiring technology companies

to give law enforcement agencies a "back door" to encrypted

communications and electronic devices, such as the iPhone used

by one of the shooters.

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BRIEF-Enghouse systems buys Netboss Technologies

* Has acquired assets of Netboss Technologies, Inc

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BRIEF-Ikkuma Resources posts qtrly earnings per share of $0.03

* Ikkuma Resources Corp announces first quarter 2016

financial and operating results

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BRIEF-FCA US LLC says voluntarily recalling estimated 99 minivans in the U.S.

* Voluntarily recalling an estimated 99 minivans in the u.s.

To tighten fasteners that join their third-row seatback and

cushion frames

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BRIEF-FCA US LLC says voluntarily recalling an estimated 82 SUVs in the U.S.

* Voluntarily recalling an estimated 82 SUVs in the U.S. to

replace their half shafts

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BRIEF-Citic said among bidders in talks for Freeport Americas stake - Bloomberg

* Citic said among bidders in talks for Freeport Americas

stake - Bloomberg citing sources

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BRIEF-Active Biotech AB says no dividend would be paid

* In accordance with board of directors' proposal, it was

resolved that no dividend would be paid

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Thursday, May 26, 2016

European Factors to Watch-Shares seen flat to higher



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BRIEF-Elior group H1 adjusted earnings per share surges 32.1% to 0.37 euro

* H1 revenue of 2.92 billion euro versus 2.82 billion euro

($3.16 billion) a year ago

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Push for encryption law falters despite Apple case spotlight

WASHINGTON/ SAN FRANCISCO, May 27 (Reuters) - After a

rampage that left 14 people dead in San Bernardino, key U.S.

lawmakers pledged to seek a law requiring technology companies

to give law enforcement agencies a "back door" to encrypted

communications and electronic devices, such as the iPhone used

by one of the shooters.

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European Factors to Watch-Shares seen flat to higher

MILAN, May 27 (Reuters) - European stocks were seen opening flat to higher

on Friday.

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GLOBAL MARKETS-Asia stocks edge up after U.S. data, dollar consolidates month's gains

TOKYO/SINGAPORE, May 27 (Reuters) - Asian stocks pulled

ahead on Friday after U.S. data continued to put the economy in

a positive light, while the dollar was on the defensive against

major peers.

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UPDATE 2-Valeant rejected joint takeover bid from Takeda, TPG in spring - source

May 26 (Reuters) - Valeant Pharmaceuticals International Inc

received a joint takeover offer from Japan's Takeda

Pharmaceutical Co Ltd and TPG Capital Management LP

this spring that the Canadian drugmaker rejected,

according to a source familiar with the matter.

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BRIEF-Mid-Con Energy Partnersannounces $18 mln divestiture of Hugoton assets

* Proceeds from sale will be used to reduce borrowings

outstanding under partnership's revolving credit facility

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BRIEF-CME Group granted clearing house status by Monetary Authority of Singapore

* CME group granted recognised clearing house status by

monetary authority of Singapore

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Doubleline's Gundlach sees Yellen as more cautious than some Fed officials

May 26 (Reuters) - Jeffrey Gundlach, chief executive officer

of DoubleLine Capital, on Thursday said U.S. Federal Reserve

Chair Janet Yellen appears to be more cautious on raising

interest rates than some other Fed governors, and he expects her

comments to be dovish again on Friday, when she is scheduled to

speak at an event in Massachusetts.

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BRIEF-Noble Iron reports Q1 loss of $0.11 per share

* Q1 revenue of $6.5 million, an increase of 15% compared to

Q1 of 2015

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BRIEF-Brown-Forman announces stock split, div of $0.34 per share

* Board announces 2-for-1 stock split and declares cash

dividend

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BRIEF-Eco-Stim Energy Solutions wins new contract

* Eco-Stim awarded new contract for well stimulation and

coiled tubing businesses

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BRIEF-Vanguard Natural says borrowing base cut by 26 pct

* Vanguard natural resources announces amendment to credit

facility and results of borrowing base redetermination

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BRIEF-Lightyear Fund II says owns 4.5 pct stake in Yadkin Financial

* Lightyear Fund II, L.P. says owns 4.5 pct stake in Yadkin

Financial as of May 26 - SEC filing

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TREASURIES-U.S. bond prices gain on solid 7-year note auction

* Fed's Bullard says traders read FOMC minutes correctly

(Updates market action, adds quote)

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Finnish government criticises Microsoft for job cuts, 'broken promises'

HELSINKI, May 26 (Reuters) - The Finnish government on

Thursday criticised Microsoft Corp for its latest job

cuts in the Nordic country, saying it had failed to keep

promises made two years ago of making Finland a hub and keeping

research and development jobs.

Read more

Trump says would approve Keystone XL pipeline if elected

BISMARCK, ND, May 26 (Reuters) - Republican presidential

contender Donald Trump said on Thursday that he would approve

TransCanada's Keystone XL pipeline proposal if elected,

reversing a decision by the administration of President Barack

Obama to block it over environmental concerns.

Read more

UPDATE 2-Viacom CEO Dauman seeks trial by end-Sept over Redstone trust

May 26 (Reuters) - Viacom Inc Chief Executive

Officer Philippe Dauman has asked a Massachusetts court to

expedite a legal challenge to his removal from a trust that will

determine the company's future after controlling shareholder

Sumner Redstone dies or is deemed incapacitated.

Read more

BRIEF-McDonald's Board of Directors names Enrique Hernandez, Jr. Non-Executive Chairman

* McDonald's Board of Directors names Enrique Hernandez, Jr.

Non-Executive Chairman

Read more

BRIEF-Coro Mining says rescheduled date of special and annual general meeting

* Says rescheduled date of special and annual general

meeting of shareholders from June 15, 2016 to June 29, 2016

Source text for Eikon:

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European shares end little changed; Banco Popular cash call hits banks

* STOXX up 0.1 pct after touching 4-week high in previous

session

Read more

WRAPUP 2-Canada's biggest banks braced for more losses from oil loans

TORONTO, May 26 (Reuters) - Canada's biggest banks on

Thursday warned of further losses in coming quarters as energy

companies struggled to repay loans, even as growth in wealth

management and retail banking helped the banks report

better-than-expected second-quarter results.

Read more

BRIEF-S&P affirms rating on Unifin Financiera at BB

* Said on Wednesday Standard & Poor's reaffirmed rating on

Unifin Financiera at BB and on national level at mxA/mxA-2

Read more

BRIEF-Synthesis Energy Systems, Inc. and Simon India renew joint marketing agreement

* Synthesis Energy Systems, Inc. and Simon India renew joint

marketing agreement, expand partnership to include global

engineering support

Read more

European shares steady as Banco Popular cash call hits banks

* STOXX 600 flat after touching 4-week high in previous

session

Read more

CANADA STOCKS-TSX rises to a 9-month high as mining stocks rally

TORONTO, May 26 (Reuters) - Canada's main stock index rose

to a fresh nine-month high on Thursday as mining stocks rallied,

while stronger-than-expected earnings from the country's biggest

bank by market value helped financials edge higher.

Read more

UPDATE 2-CIBC profit rises, but bad oil and gas loans climb

May 26 (Reuters) - Canadian Imperial Bank of Commerce

reported a stronger-than-expected second-quarter profit

on Thursday, helped by its retail and business banking division,

and raised its quarterly dividend, even as it set aside more

cash for bad loans.

Read more

Russian firm cuts order for Swiss trains needed for 2018 World Cup

ZURICH, May 26 (Reuters) - A Russian rail company has cut

its order for Swiss trains that will help ferry visitors to the

2018 World Cup by more than half because of pressure from

Western sanctions, low oil prices and the weak rouble, Swiss

firm Stadler Rail said on Thursday.

Read more

BRIEF-Fuelcell Energy announces Asian market update

* Commencement of construction of a 20 megawatt fuel cell

park in seoul, south korea

Read more

BRIEF-Bbsi reports fourth quarter and full year 2015 financial results

* Bbsi reports fourth quarter and full year 2015 financial

results

Read more

BRIEF-Milestone Scientific announces completion of clinical trial enrollment for epidural instrument

* Milestone Scientific announces completion of enrollment in

clinical trials for its epidural instrument

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BRIEF-Americas Silver says Alex Davidson named as chairman

* Americas Silver Corporation announces Alex Davidson

appointed as chairman; company recommences full operations at

the Nuestra Senora Mine

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BRIEF-Signet Jewelers Q1 adjusted earnings per share $1.95

* Signet jewelers ltd qtrly total sales $1.6 billion, up

3.2%

Read more

BRIEF-Red Pine Exploration commences private placement to raise gross proceeds of up to $2 mln

* Commenced private placement to raise gross proceeds of up

to $2 million by issuing combination of flow-through and

non-flow-through units

Read more

PRESS DIGEST- Canada - May 26

May 26 (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

UPDATE 4-Brazil's Usiminas taps Leite as CEO in sign of easing dispute

* Nippon Steel to take legal action to get decision annulled

(Adds Nippon Steel comment in paragraph 4, bullet points)

Read more

Canadian lender CIBC's quarterly profit rises

May 26 (Reuters) - Canadian Imperial Bank of Commerce

reported a 3.5 percent rise in quarterly profit, helped

by growth in its retail and business banking division.

Read more

UPDATE 2-Niger Delta militant attack shuts down Chevron facility -company source

YENAGOA, Nigeria, May 26 (Reuters) - Chevron's

onshore activities in Nigeria's Niger Delta have been shut down

by a militant attack at its Escravos terminal, a company source

said on Thursday.

Read more

European shares mixed, weighed down by underperforming periphery

LONDON, May 26 (Reuters) - European shares were mixed on

Thursday, with banks in Italy and Spain on the back foot

following a recent rally while commodity stocks were boosted as

Brent crude oil prices hit $50 a barrel for the first time since

November.

Read more

UPDATE 1-French union leads new anti-reform protests, seeks to maintain momentum

* SNCF reports less train disruption than before (updates throughout)

Read more

Wednesday, May 25, 2016

PRESS DIGEST - Wall Street Journal - May 26

May 26 (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.

Read more

UPDATE 3-U.S. SEC probes Alibaba accounting methods, shares dive

May 25 (Reuters) - U.S. regulators are investigating Alibaba

Group Holding Ltd's accounting practices to determine

whether they violated federal laws, the Chinese e-commerce giant

said, sending its shares tumbling nearly 7 percent on Wednesday.

Read more

UPDATE 1-Chico's makes corporate governance changes as proxy fight kicks off

May 25 (Reuters) - U.S. womenswear firm Chico's FAS Inc

on Wednesday made changes to its corporate governance

structure and proposed electing board members annually, in a

move to get shareholders on side amid a proxy fight.

Read more

JGBs edge up as Tokyo shares trim gains, 40-year sale well received

TOKYO, May 26 (Reuters) - Japanese government bond prices

edged up on Thursday as a recent surge in Tokyo stocks flagged,

and as the market took heart after a 40-year debt auction

attracted ample investor demand.

Read more

BRIEF-Reata Pharmaceuticals 5.5 mln shares priced at $11 per share

* Announced pricing of its initial public offering of

5,500,000 shares of its class a common stock at $11 per share

Read more

BRIEF-Landcadia Holdings public offering of 25 mln shares priced at $10 per unit

* Pricing of its initial public offering of 25,000,000 units

at a price of $10.00 per unit

Read more

UPDATE 2-U.S. levies hefty duties on Chinese corrosion-resistant steel

WASHINGTON, May 25 (Reuters) - Corrosion-resistant steel

from China will face final U.S. anti-dumping and anti-subsidy

duties of up to 450 percent under the U.S. Commerce Department's

latest clampdown on a glut of steel imports, the agency said on

Wednesday.

Read more

UPDATE 1-Costco posts flat comparable U.S. sales for first time in 6 yrs

May 25 (Reuters) - Warehouse club retailer Costco Wholesale

Corp on Wednesday reported no growth in quarterly

comparable sales at U.S. stores for the first time in more than

six years, hurt by weak sales in April.

Read more

BRIEF-Extra Space Storage sets qtrly dividend of $0.78 per share

* Says dividend is a 32.2% increase over previous quarter

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BRIEF-Delavaco Q1 AFFO earnings per share loss C$0.02

* Delavaco Residential Properties Corp reports first quarter

results

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UPDATE 2-Hundreds protest in downpour at shut McDonald's headquarters

OAK BROOK, Ill., May 25 (Reuters) - Hundreds of protesters

marched through pouring rain to call for higher wages and union

rights at McDonald's Corp on Wednesday, leading the

hamburger chain to shut down its headquarters a day before its

annual meeting.

Read more

BRIEF-Costco Q3 earnings per share $1.24

* Qtrly comparable sales excluding the negative impacts from

Gasoline price deflation and foreign exchange up 3%

Read more

Australia raises concerns over $6.5 bln Asciano buyout

SYDNEY, May 26 (Reuters) - Australia's antitrust watchdog

said on Thursday a proposed A$9.1 billion ($6.5 billion) buyout

of rail and port giant Asciano Ltd by a host of global

investors may hurt competition in the rail freight industry.

Read more

PRESS DIGEST- Financial Times - May 26

May 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.

Read more

BRIEF-FDA recommends approval of Sanofi treatment for Type 2 Diabetes

* FDA advisory committee recommends approval of Sanofi

treatment for adults with Type 2 Diabetes

Read more

BRIEF-Donaldson Co raises quarterly cash dividend

* Donaldson Company increases quarterly cash dividend

Source text for Eikon:

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BRIEF-Mediware buys Bowman Systems

* Mediware acquires Bowman Systems LLC

Source text for Eikon:

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BRIEF-CTS says received $100 mln increase in commitments under credit agreement

* On May 23, 2016, co requested and received a $100 million

increase in aggregate revolving credit commitments under its

credit agreement

Read more

US Foods raises $1.02 billion in IPO -source

May 25 (Reuters) - US Foods Holding Corp, a

Rosemont, Illinois-based food distributor, raised $1.02 billion

in its initial public offering on Wednesday, according to a

person familiar with the matter.

Read more

UPDATE 1-Takata hires Lazard Ltd, seeks cash infusion

May 25 (Reuters) - Takata Corp hired investment

bank Lazard Ltd to lead efforts to help resolve financial issues

stemming from its record-setting recall of tens of millions of

faulty airbags, sources said Wednesday.

Read more

BRIEF-WebMD to offer convertible notes

* Intends to offer $300 million aggregate principal amount

of convertible notes due 2023

Read more

US STOCKS-Wall Street ascends for a second day

* Computer Sciences jumps after Hewlett Packard Enterprise

deal

Read more

BRIEF-J Crew Group says Q1 revenue fell 3 pct to $567.5 mln

* J Crew Group Inc Q1 revenue fell 3 percent to $567.5

million

Read more

BRIEF-AAON to make up to $25 mln in purchases of company shares

* AAON announces cash dividend, stock buyback program and

changes to the board of directors

Read more

BRIEF-Argentex acquisition by Austral Gold Limited receives final court approval

* Argentex acquisition by Austral Gold Limited receives

final court approval

Read more

Alstom sues GE for breach of contract

May 25 (Reuters) - The French industrial company Alstom SA

has filed a U.S. lawsuit accusing General Electric Co

of breaching a contract related to the latter's sale of a

rail signaling business last November.

Read more

BRIEF-AT&T interested in buying Yahoo's internet business - Bloomberg

* AT&T is interested in buying Yahoo's internet business -

Bloomberg

Source text : (http://bloom.bg/1U8AjpC)

(Bengaluru Newsroom: +1 646 223 8780)

Read more

German power firms to partner carmakers in electric future -RWE

FRANKFURT, May 25 (Reuters) - German utilities are likely to

partner with automakers to tap into a 1 billion euro ($1.1

billion) government incentive scheme for electric cars, an RWE

executive said.

Read more

BRIEF-Check Cap announces preliminary data evaluating its preparation-free colon screening capsule

* Check-Cap announces preliminary data evaluating its

preparation-free colon screening capsule

Read more

BRIEF-MTY to buy Kahala Brands for a total of about $300 mln

* MTY enters into an agreement to acquire the shares of

Kahala Brands Ltd

Read more

BRIEF-Calatlantic Group announces proposed offering of $300 mln of senior notes

* Calatlantic Group Inc announces proposed offering of $300

million of senior notes

Read more

UPDATE 1-EgyptAir to contract French, Italian companies for black boxes search

CAIRO, May 25 (Reuters) - EgyptAir will contract two foreign

companies, one French and one Italian, to help search for the

black boxes of its plane that crashed in the Mediterranean, the

airline's chairman said on Wednesday

Read more

BRIEF-QC Holdings Q1 revenue $31.7 million

* Q1 revenue $31.7 million

Source text for Eikon:

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BRIEF-Amazon to open second fulfillment center in Joliet

* Amazon to open second fulfillment center in Joliet and

create 2,000 full-time jobs

Read more

BRIEF-Evine Live reports Q1 loss per share $0.09

* Q1 earnings per share view $-0.10 -- Thomson Reuters

I/B/E/S

Read more

BRIEF-London's Baltic Exchange confirms entered into exclusive talks with Singapore's SGX over possible sale

May 25 (Reuters) - London's Baltic Exchange confirms entered

into exclusive talks with Singapore's SGX over

possible sale

The next phase will be to continue discussions with SGX and

consult with Baltic stakeholders before making a final

recommendation

Read more

UPDATE 3-Toyota, Uber latest to join forces in ride-hailing rush

* Toyota to invest in ride-hailing company, collaborate in

future

Read more

BRIEF-Microsoft to streamline smartphone hardware business, cut up to 1,850 jobs

* Announced plans to streamline company's smartphone

hardware business, which will impact up to 1,850 jobs

Read more

BRIEF-GSK says gene therapy for immune disorder meets main goal

* Key efficacy endpoint for analysis was survival. All 18

patients were alive after a median follow-up of 6.9 years at

data cut on 8th may 2014

Read more

Russian finance minister says Eurobond yield of 4.75 pct 'acceptable'

MOSCOW, May 25 (Reuters) - The 4.75 percent yield on

Russia's latest Eurobond is "acceptable" in current market

conditions, Finance Minister Anton Siluanov said on Wednesday.

Read more

Deutsche Telekom sees results U.S. wireless spectrum auction in H2

COLOGNE, Germany, May 25 (Reuters) - Deutsche Telekom

expects the results of an auction of wireless

airwaves in the United States in the second half of the year,

its chief executive told shareholders on Wednesday.

Read more

RPT-Top banks gain from discontent over hefty LME fee increases

* 20-50 percent of metals trading activity estimated to be

OTC

Read more

French police break fuel depot blockade, nuclear plant strike looms

PARIS, May 25 (Reuters) - Police broke up a fuel depot

blockade in France on Wednesday and France's hardline CGT union

prepared for a strike at a nuclear plant, escalating a standoff

over proposed new labour laws.

Read more

Tuesday, May 24, 2016

BRIEF-China Chuanglian acquires shares in Shenzhen Chuanglian Xinghui for RMB 5 mln

* Unit entered share transfer agreement in relation to

buying shares in shenzhen chuanglian xinghui for rmb5 million

Read more

BRIEF-CBL & Associates Properties addresses "allegations" in media coverage

* Cbl & associates properties, inc. Addresses baseless

allegations in media coverage

Read more

PRESS DIGEST - Wall Street Journal - May 25

May 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.

Read more

UK Stocks-Factors to watch on May 25

May 25 (Reuters) - Britain's FTSE 100 index is seen opening up 53

points, or 0.9 percent higher on Wednesday, according to financial bookmakers.

For more on the factors affecting European stocks, please click on



* The UK blue chip index closed up 82.83 points, or 1.4 percent higher on

Tuesday at 6,219.26 points, bolstered by a rally in banking stocks and a

well-received trading statement from Kingfisher.

* AB INBEV/SABMILLER: The world's largest brewer, Anheuser-Busch InBev

, gain

Read more

Lockheed's F-35 jet to face delay in testing -U.S. govt officials

WASHINGTON, May 24 (Reuters) - Lockheed Martin Corp's

F-35 stealth fighter jet will see a delay in initial

operational testing as it is taking longer than expected to

configure test aircraft with the latest software, U.S.

government officials said on Tuesday.

Read more

GLOBAL MARKETS-Asian shares gain, dollar firm as US data soothes rate fears

TOKYO/SINGAPORE, May 25 (Reuters) - Asian shares jumped on

Wednesday, taking cues from sharp gains in European and U.S.

markets, while the dollar firmed as upbeat U.S. home sales

supported the view that the economy may be strong enough for the

Federal Reserve to raise interest rates in coming months.

Read more

Exxon says crude output from Indonesia's Cepu block could reach 200,000 bpd

JAKARTA, May 25 (Reuters) - Crude oil output from Exxon

Mobil's Cepu block in Indonesia could reach 200,000

barrels per day (bpd) up from 185,000 bpd at present, if the

government approves an increase, a company spokesman said on

Wednesday.

Read more

Pemex discusses potential business opportunities with Lukoil

MEXICO CITY, May 24 (Reuters) - The chief executives of

Mexican state oil company Pemex and Russian oil major Lukoil

on Tuesday discussed potential joint business

opportunities and the possibility of future cooperation, Pemex

said on its Twitter account.

Read more

China's Belle annual profit down 38 pct as consumer taste changes

HONG KONG, May 25 (Reuters) - China's Belle International

Holdings Ltd said annual net profit fell 38 percent as

more and more consumers shift to athleisure products and away

from traditional fashion footwear and dress shoes.

Read more

UPDATE 1-China's Huawei files patent suits against Samsung Elec

HONG KONG, May 25 (Reuters) - Huawei Technologies Co Ltd

on Wednesday said it sued Samsung Electronics Co Ltd

claiming infringement of smartphone patents, the

Chinese firm's first intellectual property challenge against the

world's top mobile maker.

Read more

BRIEF-Gulf & Pacific Equities says mortgage refinancing for two assets

* Announces a mortgage refinancing of St Paul Shopping

Centre, in St Paul, Alberta and Tri-City Mall, in Cold Lake,

Alberta with Canadian Western Bank

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UPDATE 3-No sign of EgyptAir plane technical problems before takeoff -Al-Ahram

* Egypt forensics chief denies reports that explosion

suspected

Read more

BRIEF-Franklin Covey says revolving line of credit raised to $30 mln

* Entered into fifth modification agreement to its existing

amended and restated secured credit agreement with Jpmorgan

Chase Bank, N.A.

Read more

UPDATE 1-DoubleLine's Gundlach says U.S. stock market is 'dead money'

NEW YORK, May 24 (Reuters) - Jeffrey Gundlach, the chief

executive officer of DoubleLine Capital, said on Tuesday that

the rally in U.S. stocks, which began on Monday, feels like a

short squeeze and characterized U.S. stocks as "dead money."

Read more

BRIEF-Addus Homecare says amended credit agreement to raise line of credit by $25 mln

* Co,Units entered consent and amendment to second amended

and restated credit and guaranty agreement dated as of Nov 10,

2015

Read more

BRIEF-Violin Memory reports Q1 loss of $0.22 per share

* Q1 earnings per share view $-0.17, revenue view $11.5

million -- Thomson Reuters I/B/E/S

Read more

BRIEF-Gibsons Energy announces $200 mln equity financing and $100 mln debenture offering

* Underwriters have agreed to purchase, on a bought deal

basis 13 million common shares at a price of $15.45 per common

share

Read more

GLOBAL MARKETS-Dollar nears 10-wk high on Fed views; stocks rally

* Oil rises; gold falls

(Adds U.S. oil price settlement, updates dollar, other prices)

Read more

Foreign investors bought $1.3 bln of Russia Eurobond - source

MOSCOW, May 24 (Reuters) - Foreign investors bought around

$1.3 billion of the Eurobond that Russia placed on Tuesday, a

financial market source told Reuters.

Read more

Irish airline takes delivery of Russia's first post-Soviet passenger jet

DUBLIN, May 24 (Reuters) - Ireland's CityJet on Tuesday

became the first western European airline to take delivery of

the Russian-designed passenger jet that Vladimir Putin hopes

will compete internationally with planes made by the likes of

Brazil's Embraer and Canada's Bombardier.

Read more

U.S. official says India has addressed nuclear concerns

WASHINGTON, May 24 (Reuters) - A U.S. State Department

official assured lawmakers on Tuesday that India has addressed

concerns over liability that had for years kept U.S.

corporations from signing nuclear power contracts in the

country.

Read more

BRIEF-Monsanto views Bayer's current proposal financially inadequate; says open to discussions

* Monsanto views Bayer's current proposal as incomplete and

financially inadequate; company open to discussing potential

path forward that would create appropriate value for Monsanto

shareowners

Read more

BRIEF-Cliffs Natural Resources issues clarification statement of agreements with Minnesota Power

* Cliffs Natural Resources Inc says confirms it received

full $31 million in cash pursuant to terms of previously

disclosed agreements with Minnesota Power

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Some crude production restarts as Canadian wildfire sapped by cool weather

CALGARY, May 24 (Reuters) - A number of crude producers

restarted operations on Tuesday in Canada's energy heartland as

a mass evacuation of the Fort McMurray oil town entered its

fourth week, though cool weather and light winds were expected

to help firefighters tamp down the blaze.

Read more

UPDATE 1-Houston police investigating bomb threat on Delta plane

May 24 (Reuters) - Houston police dispatched a bomb squad on

Tuesday to George Bush Intercontinental Airport to investigate a

possible bomb threat against a Delta Air Lines plane, a police

spokesman said.

Read more

European shares climb to 4-week highs as financial stocks rally

* Concerns remain over possible future U.S rate hikes

(ADVISORY- Reuters plans to replace intra-day European and UK

stock market reports with a Live Markets blog on Eikon (see cpurl://apps.cp./cms/?pageId=livemarkets

for site in development). Adds details, updates prices)

Read more

BRIEF-Phillips 66 Partners director Haney buys 8,000 of co's common units on May 20

* Phillips 66 Partners Director Mark Haney reports purchase

of 8,000 of co's common units on May 20 at $52.94 each - SEC

filing

Source text: http://1.usa.gov/27RfARn

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BRIEF-Globant SA says announced acquisition of WAE

* Announced acquisition of WAE

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BRIEF-Opera Software bid acceptance rate rises to 89 pct

* A total of around 89 percent of shareholders have said

they accept the takeover bid from a Chinese consortium by

Tuesday's 1430 GMT deadline

Read more

MOVES-Allianz unit AGCS expands Terry FitzGerald's role

May 24 (Reuters) - Allianz Global Corporate & Specialty

(AGCS), a unit of Germany's Allianz SE, appointed

Terry FitzGerald combined head of financial institutions and

commercial directors and officers insurance for London.

Read more

BRIEF-Keyera closes $345 mln public offering of common shares

* Announces closing of $345 million public offering of

common shares including the over-allotment option

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BRIEF-Best Buy reports Q1 gaap earnings per share of $0.69

* Qtrly enterprise revenue $8,443 million versus $8,558

million last year

Read more

BRIEF-Bristol-Myers Squibb says Health Canada approved Daklinza in combination with Sofosbuvir

* Myers squibb announces health canada's approval of

daklinza in combination with sofosbuvir

Read more

GSK lung drug succeeds in big UK study, after earlier miss

LONDON, May 24 (Reuters) - GlaxoSmithKline's new

inhaled medicine Breo proved significantly better than standard

care in a large British study that tested it in everyday use,

providing a fillip for the product after the failure of another

big trial in 2015.

Read more

UPDATE 1-UCB faces U.S. patent challenge for epilepsy drug

* U.S. court verdict on Vimpat likely in June

(Adds shares, legal battle, analyst comment)

Read more

GLOBAL MARKETS-Shares climb as markets play Fed waiting game

LONDON, May 24 (Reuters) - Oil prices fell for a fifth

consecutive day on Tuesday and financial markets were volatile

as investors wait to see whether U.S. interest rates will be

raised next month.

Read more

UPDATE 1-Indonesia renews Newmont Mining's copper export licence for six months

JAKARTA, May 24 (Reuters) - Indonesia's mining ministry

recommended renewing the export licence for the local unit of

U.S. copper and gold miner Newmont Mining Corp to export

copper concentrate for the next six months, a ministry official

said on Tuesday.

Read more

More challenges than cheer for Apple chief on Asia tour

* Challenge of being high-end phone seller in low-income

market

Read more

Oil Search, InterOil should seek competition approvals for merger -PNG watchdog

SYDNEY, May 24 (Reuters) - Papua New Guinea may challenge

the $2.2 billion merger between Oil Search Ltd and

InterOil Corp if they fail to comply with

anti-competition procedures, the country's corporate watchdog

said Tuesday.

Read more

Norwegian Air seeks more Dreamliners after latest leasing deal

OSLO, May 24 (Reuters) - Norwegian Air Shuttle will

continue to seek more Boeing 787 Dreamliner aircraft for

its long-haul fleet, the budget carrier said on Tuesday after

signing a deal with CIT Aerospace to lease two planes from 2018.

Read more

Israel's Elbit Systems wins $40 mln European contracts

TEL AVIV, May 24 (Reuters) - Israeli defence firm Elbit

Systems said on Tuesday it won contracts worth $40

million from a European country for the supply of advanced

tactical communications systems.

Read more

Monday, May 23, 2016

BRIEF-NEL partners with Praxair for Norwegian hydrogen refulleling station

* Uno-X Hydrogen AS, a NEL ASA joint venture, has entered into an agreement

with a Norwegian affiliate of Praxair as a strategic alliance to install

20 hydrogen refuelling stations, covering all the major cities in Norway by 2020

Read more

European Factors to Watch-Equity futures fall

LONDON, May 24 (Reuters) - European equity futures fell on Tuesday, tracking

losses on Asian and U.S. markets as investors worried about the possibility of a

U.S. interest rate increase in coming weeks.

Read more

UPDATE 1-Hong Kong Exchange to work quickly to build a China bond connect scheme

HONG KONG, May 24 (Reuters) - The operator of Hong Kong's

stock exchange said on Tuesday it will "work very quickly" on a

plan to link bond markets in China with those in the Asia's

financial centre, giving global investors more access to

yuan-related assets.

Read more

BRIEF-Suncor Energy says began remobilization process of its employees to support staged restart of its operations in RMWB

* Begun remobilization process of its employees to support

staged restart of its operations in Regional Municipality of

Wood Buffalo

Read more

Climate change takes center stage at Exxon, Chevron annual meetings

HOUSTON, May 24 (Reuters) - Exxon Mobil Corp and

Chevron Corp will face their toughest-ever push by

shareholders concerned about a warming world at annual meetings

on Wednesday, as the Paris accord to tackle climate change

ratchets up investor pressure on two of the world's largest oil

companies.

Read more

BRIEF-Principal stakeholders and KGI enter into a letter of intent for potential acquisition of Catalyst Paper

* Board received expression of intent among Kejriwal group

and four largest shareholders of co holding about 79% of common

shares

Read more

U.S. House rejects bill requiring carriers to share phone location

WASHINGTON, May 23 (Reuters) - The U.S. House of

Representatives voted down on Monday a measure that would have

compelled cell phone carriers to disclose a phone's location

with law enforcement in the event of an emergency, amid a

last-minute lobbying effort from privacy advocates opposed to

it.

Read more

Barington Capital nominating 2 directors to retailer Chico's board -WSJ

May 23 (Reuters) - Activist investor Barington Capital Group

LP is nominating two directors to women's apparel retailer

Chico's FAS Inc's board of directors, the Wall Street

Journal reported on Monday, citing people familiar with the

matter.

Read more

GLOBAL MARKETS-Asian shares trade languidly, dollar edges up

TOKYO, May 24 (Reuters) - Asian shares were nearly flat in

early trading on Tuesday, while the dollar rebounded from steep

losses against the yen in the previous session.

Read more

UPDATE 1-Facebook says found no political bias on Trending Topics

SAN FRANCISCO, May 23 (Reuters) - Facebook Inc will

no longer rely on a top-10 list of websites to help choose items

for its Trending Topics section, even though an internal probe

showed no evidence of political bias in the selection process,

the company said on Monday.

Read more

PRESS DIGEST- Financial Times - May 24

May 24 (Reuters) - The following are the top stories in the

Financial Times. Reuters has not verified these stories and does

not vouch for their accuracy.

Read more

UPDATE 1-Embraer's new E-Jet makes first flight underweight, ahead of time

SAO PAULO, May 23 (Reuters) - The first re-engined aircraft

in Brazilian planemaker Embraer SA's narrowbody E-Jet

family took its first flight on Monday, months ahead of schedule

and below the expected weight.

Read more

BRIEF-eHI Car Services Q1 revenue RMB 460.5 million

* Company reiterates its full-year 2016 outlook previously

announced on march 29, 2016

Read more

BRIEF-ChinaCache International Q1 loss per ADS $0.87

* Says net revenues for q1 of 2016 were rmb267.8 million

(us$41.5 million), representing a 14.0% decrease

Read more

BRIEF-Dow Chemical, DuPont appoint Howard Ungerleider as CFO of DowDupont

* Dow and dupont announce senior leadership appointments for

dowdupont

Read more

Techint pours $54 mln into Brazil's Usiminas in capital plan

SAO PAULO, May 23 (Reuters) - Italian industrial

conglomerate Techint Group on Monday bought 193.5 million reais

($54 million) worth of shares in Usinas Siderúrgicas de Minas

Gerais, as part of a capital plan aimed at shoring up

the Brazilian steelmaker.

Read more

US STOCKS-Wall Street dips; Apple gain fails to offset rate worries

* Indexes end lower: Dow 0.05 pct, S&P 0.21 pct, Nasdaq 0.08

pct

(Updates to close)

Read more

UPDATE 2-Soccer-Van Gaal sacked by United, Mourinho poised to step in

* Portuguese coach Mourinho expected to replace him (Adds detail, quotes)

Read more

UPDATE 3-Big banks lose as U.S. appeals court revives Libor lawsuits

NEW YORK, May 23 (Reuters) - A U.S. appeals court on Monday

revived private antitrust litigation accusing major banks of

conspiring to manipulate the Libor benchmark interest rate, in a

big setback for their defense against investors' claims of

market-rigging.

Read more

MOVES-Macquarie hires two bankers from Credit Suisse -sources

May 23 (Reuters) - Australia's Macquarie Group Ltd

has hired Credit Suisse Group AG U.S. investment

bankers Sam Shah and Raghu Velamati to focus on the education

and business services sectors, people familiar with the matter

said on Monday.

Read more

BRIEF-S&P - Ares Capital Corp 'BBB' ratings placed on creditwatch negative following plan to acquire American Capital Ltd

* S&P On Ares Capital - Ares Capital Corp 'BBB' ratings

placed on creditwatch negative following plan to acquire

American Capital Ltd

Read more

GLOBAL MARKETS-Yields inch up on Fed rate hike talk; stocks flat

* Monsanto shares up after Bayer unveils bid

(Updates prices, adds European shares' close,)

Read more

REFILE-UPDATE 1-Versace names former head of Alexander McQueen as new CEO

MILAN, May 23 (Reuters) - Italian fashion house Versace

named the former head of British brand Alexander McQueen as its

new chief executive, in an unexpected move ahead of a planned

stock market listing against a backdrop of slowing luxury

industry growth.

Read more

UPDATE 1-Deutsche Bank takes 450 mln euro charge for equities fraud

LONDON, May 23 (Reuters) - Germany's Deutsche Bank said it

took a charge of around 450 million euros last year in relation

to share trading fraud, but declined to give any details on

Monday.

Read more

BRIEF-Finjan Holdings says unit, Proofpoint agree to settle patent dispute

* On may 20, 2016, unit Finjan Inc and Proofpoint Inc agreed

to a license to Finjan global patent portfolio

Read more

REFILE-Bank of America wins reversal of $1.27 billion penalty in "Hustle" case

NEW YORK, May 23 (Reuters) - A U.S. appeals court on Monday

threw out Bank of America Corp's $1.27 billion penalty

in a fraud case over defective mortgages sold by its Countrywide

unit, dealing the U.S. Justice Department a major setback.

Read more

BRIEF-Allergan says annual revenue could rise 10 pct over next few years if drugs succeed

* CEO, speaking at conference, says annual company revenues

could easily grow 10 percent a year over next few years if new

drugs, experimental drugs meet goals

Further company coverage:

(Reporting by Ransdell Pierson)

Read more

UPDATE 2-Tribune gets $70.5 mln investment from billionaire Soon-Shiong

* Shares fall as much as 21.5 pct

(Adds details, Gannett response; updates shares)

Read more

BRIEF-Gannett to review whether to proceed with bid for Tribune

* Gannett issues statement regarding all-cash premium offer

to acquire Tribune Publishing Company

Read more

BRIEF-Abercrombie & Fitch declares qtrly cash dividend of $0.20/shr

* Abercrombie & Fitch Co Reports declaration of quarterly

cash dividend of $0.20 per share

Source text for Eikon:

Further company coverage:

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

Read more

BRIEF-Sanofi says Pascale Witz, executive VP, diabetes & cardiovascular, to leave company on June 1

* Sanofi announces changes to executive committee aligned to

its strategic roadmap 2020

Read more

BRIEF-Pacific Mercantile Bank names SVP, regional manager of co's Costa Mesa Office

* JC Timmons named SVP & Regional Manager Of Pacific

Mercantile Bank's Costa Mesa Office

Source text for Eikon:

Further company coverage:

(Bengaluru Newsroom: +1 646 223 8780)

Read more

BRIEF-Broadwind names Stephanie Kushner as CEO

* Kushner has been company's interim president and CEO since

December 2015

Read more

BRIEF-FactSet Research Systems to sell Market Metrics

* Additional earn-out of $10 million based on achievement of

certain growth targets over next two years from deal

Read more

BRIEF-OncoSec announces $10 mln at-the-market registered direct offering

* Agreed to sell an aggregate of 5.5 million shares of

common stock, or pre-funded warrants in lieu thereof, at price

of $1.815/share

Read more

UPDATE 1-Russia launches 10-year Eurobond placement - prospectus

MOSCOW, May 23 (Reuters) - Russia's government announced on

Monday that it was placing its first Eurobond since financial

sanctions were imposed over the Ukraine crisis, having decided

to go ahead with the placement despite Western banks opting not

to take part.

Read more

BRIEF-Bombardier says Flexjet purchased 20 challenger 350 jets

* Flexjet, LLC is previously undisclosed customer that

purchased 20 challenger 350 jets

Read more

BRIEF-Flexjet confirms firm order for 20 additional challenger 350 business jets by Bombardier Aerospace

* Confirmed a firm order for 20 additional challenger 350

super-midsized business jets by bombardier aerospace

Read more

BRIEF-Partner Communications qtrly EPS $0.03

* Qtrly total revenues nis 977 million (us$ 259 million), a

decrease of 7%

Read more

Israel's Partner Comms Q1 profit drops after break with Orange

JERUSALEM, May 23 (Reuters) - Partner Communications

, Israel's second-largest mobile phone operator,

reported on Monday a drop in first quarter profit and sales as

competition in the cellular market continued to erode service

revenues.

Read more

BRIEF-KLX Inc Q1 adjusted EPS $0.42

* When cost reduction initiatives completed, will have

reduced esg headcount by up to 55%, from staffing levels in

place at beginning of last fy

Read more

Sunday, May 22, 2016

UPDATE 1-UK Stocks-Factors to watch on May 23

May 23 (Reuters) - Britain's FTSE 100 index is seen opening up 7

points, or 0.1 percent, on Monday, according to financial bookmakers, with

futures up about 0.2 percent ahead of the cash market open. For more on

the factors affecting European stocks, please click on

Read more

Israel's Cellcom Q1 profit up, revenue dips

TEL AVIV, May 23 (Reuters) - Israel's largest mobile phone

operator, Cellcom, reported a rise in quarterly profit

as lower expenses offset a drop in revenue stemming from fierce

competition in the sector.

Read more

UK Stocks-Factors to watch on May 23

May 23 (Reuters) - Britain's FTSE 100 index is seen opening up 7

points, or 0.1 percent higher, on Monday, according to financial bookmakers. For

more on the factors affecting European stocks, please click on

Read more

BRIEF-CF Industries terminates combination with OCI's European, North American and global distribution businesses

* Termination of proposed combination of cf industries with

OCI's European, North American and global distribution

businesses

Read more

REFILE-Nikkei drops on fears government will proceed with sales tax hike

TOKYO, May 23 (Reuters) - Japan's Nikkei share average fell

on Monday on fears that the government will raise the sales tax

next April, risking a further blow to the sluggish economy.

Read more

UPDATE 2-Oil prices dip on strong dollar, firm global supply

* Mkt waiting to see if US shale output restarts -investment

chief

Read more

Eight shuttered work camps reopening in Canada's scorched oil lands

TORONTO, May 22 (Reuters) - Authorities in Canada have

announced the reopening of eight shuttered work camps south of

the wildfire-ravaged oil town of Fort McMurray, paving the way

for energy firms to restart production.

Read more

CORRECTED-To halt smartphone slide, Samsung rewrites playbook

SEOUL, May 23 (Reuters) - From the way it chooses

smartphone components to the models it brings to market, Samsung

Electronics has undergone a painful process of

breaking from its past to reverse a slide in its handset

business.

Read more

Regulator asks China Molybdenum how it will finance Brazil buy

SHANGHAI, May 23 (Reuters) - China Molybdenum (CMOC)

said Chinese regulators have asked it to disclose

how it will finance its $1.5 billion acquisition of Anglo

American Plc's niobium and phosphates business in

Brazil.

Read more

Sumner Redstone plans to add National Amusements executive to trust -sources

May 22 (Reuters) - Media mogul Sumner Redstone is planning

to name National Amusements Inc general counsel Tad Jankowski to

the seven-person trust that will determine the fate of both

Viacom and CBS in the event of Redstone's incapacitation or

death, sources familiar with the situation told Reuters on

Sunday.

Read more

GLOBAL MARKETS-Asian shares, dollar start week off on strong footing

TOKYO, May 23 (Reuters) - Asian shares rose on Monday after

a solid session on Wall Street, while the dollar held near

recent highs against major rivals as investors bet that the U.S.

Federal Reserve was on track to raise rates sooner rather than

later.

Read more

Oil prices dip on strong dollar, firm global supplies

SINGAPORE, May 23 (Reuters) - Oil prices slipped in early

Asian trade on Monday on a strong dollar as the odds grow of a

June or July rate hike, and signs that global oil supply is

holding up even as unplanned outages rise to at least a

five-year high.

Read more

PRESS DIGEST- British Business - May 23

May 23 (Reuters) - The following are the top stories on the

business pages of British newspapers. Reuters has not verified

these stories and does not vouch for their accuracy.

Read more

To halt smartphone slide, Samsung rewrites playbook

SEOUL, May 23 (Reuters) - From the way it chooses

smartphone components to the models it brings to market, Samsung

Electronics has undergone a painful process of

breaking from its past to reverse a slide in its handset

business.

Read more

China's drugs watchdog struggles as senior staff lured away by industry

SHANGHAI, May 23 (Reuters) - Promises of higher salaries and

greater freedom at work are luring officials from China's

high-profile drugs watchdog to the companies they had regulated,

a blow just as the country looks to tighten oversight and drive

innovation.

Read more

Red Hat shares could rise 30 percent in a year -Barron's

May 22 (Reuters) - Red Hat Inc shares could rise 30

percent in a year as more companies use its server software,

according to a report on Sunday in the financial publication

Barron's.

Read more

UPDATE 1-Anthem, Cigna merger squabbles could delay antitrust approval -WSJ

WASHINGTON, May 22 (Reuters) - Quarrels have broken out

behind the scenes of Anthem Inc's proposed acquisition

of Cigna Corp, as the health insurers seek regulatory

approval for their landmark deal, the Wall Street Journal

reported on Sunday.

Read more

Boeing shares could fall 15 percent if sales slow -Barron's

May 22 (Reuters) - Boeing Co's stock could fall as

much as 15 percent if sales of its aircraft fall on weakening

demand, according to a report on Sunday in the financial

publication Barron's.

Read more

UPDATE 1-Militants attack Agip pipeline in Nigeria's Bayelsa state

YENAGOA, Nigeria, May 22 (Reuters) - A crude oil pipeline in

Nigeria's southern state of Bayelsa operated by the local

subsidiary of Italy's Eni was attacked on Sunday, the

Nigeria Security and Civil Defence Corps (NSDC) said.

Read more

Anthem, Cigna merger squabbles could delay antitrust approval - WSJ

WASHINGTON, May 22 (Reuters) - Quarrels have broken out

behind the scenes of Anthem Inc's proposed acquisition

of Cigna Corp, as the health insurers seek regulatory

approval for their landmark deal, the Wall Street Journal

reported on Sunday.

Read more

Militants attack Agip oil pipeline in Nigeria's Bayelsa state- security agency

YENAGOA, Nigeria, May 22 (Reuters) - A crude oil pipeline in

Nigeria's southern state of Bayelsa operated by the local

subsidiary of Italy's Eni was attacked on Sunday, the

Nigeria Security and Civil Defence Corps (NSDC) said.

Read more

UPDATE 1-Israel's government approves Leviathan natural gas deal

JERUSALEM, May 22 (Reuters) - Israel has approved a deal it

hopes will fast-track development of the huge Leviathan offshore

natural gas field and end years of regulatory uncertainty that

has stifled the country's nascent oil and gas industry.

Read more

UPDATE 2-Egypt sends submarine to hunt for crashed EgyptAir jet

CAIRO, May 22 (Reuters) - Egypt deployed a submarine on

Sunday to hunt for the EgyptAir plane that crashed in deep

Mediterranean waters, President Abdel-Fattah al-Sisi said,

warning investigations into the disaster would take time.

Read more

Families of EgyptAir victims struggle to accept loss

CAIRO, May 22 (Reuters) - Amal sits in the lobby of a hotel

staring out at Cairo airport. Face tight with exhaustion, eyes

puffy.

Read more

Israel's government approves Leviathan natural gas deal -official

JERUSALEM, May 22 (Reuters) - Israel approved on Sunday a

deal meant to fast-track the development of the huge offshore

natural gas field Leviathan, an Energy Ministry spokeswoman

said.

Read more

REFILE-Egypt's Sisi says all scenarios possible in EgyptAir crash

CAIRO, May 22 (Reuters) - Egyptian President Abdel Fattah

al-Sisi urged the media on Sunday not to speculate about the

cause of an EgyptAir plane crash which killed all 66 people on

board, and said all scenarios are still being considered.

Read more

MIDEAST STOCKS-Gulf bourses may weaken as investors book profits

DUBAI, May 22 (Reuters) - Stock markets in the Gulf may

trade with a weak bias on Sunday as short-term traders book

profits because of a lack of strong positive catalysts.

Read more

Saturday, May 21, 2016

UPDATE 1-Soccer-Mourinho set for United, Van Gaal won't discuss leaving

LONDON, May 21 (Reuters) - Jose Mourinho will be appointed Manchester United manager next week to replace Louis van Gaal despite Saturday's FA Cup final victory over Crystal Palace, British media have reported.

Read more

WRAPUP 5-EgyptAir jet sent smoke-alarm warnings before crash

* French FM says no cause has been ruled out

(Adds Egyptians saying results will take a month)

Read more

UPDATE 1-Phillips 66 in final stages of selling Ireland's only oil refinery - sources

LONDON, May 21 (Reuters) - U.S. independent refiner Phillips

66 is in the final stages of selling the only oil

refinery in Ireland, a source familiar with negotiations said on

Saturday.

Read more

UPDATE 2-Soccer-Sublime Lingard volley seals Man United FA Cup win

LONDON, May 21 (Reuters) - Manchester United substitute Jesse Lingard's superb volley in extra time secured a 2-1 win over Crystal Palace in the FA Cup final at Wembley Stadium on Saturday for their first major trophy in three years.

Read more

Soccer-Manchester United claim FA Cup with extra-time win over Palace

LONDON, May 21 (Reuters) - Manchester United won the FA Cup with a 2-1 extra-time victory over Crystal Palace thanks to a goal by substitute Jesse Lingard in the final at Wembley on Saturday.

Read more

REFILE-WRAPUP 3-EgyptAir jet sent smoke-alarm warnings before crash

PARIS/CAIRO, May 21 (Reuters) - The EgyptAir jet which

crashed in the Mediterranean on Thursday sent a series of

warnings indicating that smoke had been detected on board,

shortly before it disappeared off radar screens, French

investigators said on Saturday.

Read more

UPDATE 1-Some evacuation orders lifted in Canada's scorched oil lands

TORONTO, May 21 (Reuters) - Authorities in Canada's

wildfire-ravaged energy heartland have lifted evacuation orders

on Suncor Energy Inc and Syncrude oil sites after rain

and cold weather helped dampen the flames.

Read more

UPDATE 1-Strikes bring shortages in hundreds of French petrol stations

PARIS, May 21 (Reuters) - Hundreds of petrol stations faced

shortages in France on Saturday as protests over a labour law

reform led to a fall in refinery output and blockades that

hampered fuel supply and prompted consumer panic.

Read more

CORRECTED-New medical guidelines back use of Novartis heart failure drug

LONDON, May 20 (Reuters) - New global guidelines on the

treatment of heart failure endorse the use of Novartis'

Entresto, boosting the prospects for a drug that has struggled

to gain traction since its launch last year.

Read more

WRAPUP 1-French investigators say smoke reported on EgyptAir jet before crash

* Hunt for plane's "black boxes" continues

(Repeats to make slug read WRAPUP 1; story text unchanged)

Read more

Soccer-Barcelona agree kit deal extension with Nike

MADRID, May 21 (Reuters) - Barcelona have agreed an extension to their kit-manufacturing deal with Nike which Spanish media reported was the most lucrative arrangement of its kind in the world.

Read more

Apple boss Cook meets PM Modi to plot India strategy

NEW DELHI/MUMBAI, May 21 (Reuters) - Apple Inc

chief Tim Cook met Indian Prime Minister Narendra Modi on

Saturday, concluding a four-day trip to India that could set the

stage for Apple's expansion plans in one of the world's fastest

growing smartphone markets.

Read more

France's BEA confirms EgyptAir jet signalled smoke on board before crash

PARIS, May 21 (Reuters) - An EgyptAir jet sent a series of

error messages indicating that smoke had been detected on board

before crashing into the Mediterranean on Thursday, France's BEA

air accident investigation agency said on Saturday, confirming

media reports.

Read more

French investigators say smoke reported on EgyptAir jet before crash

PARIS, May 21 (Reuters) - An EgyptAir jet sent a series of

signals indicating that smoke had been detected on board before

it crashed into the Mediterranean on Thursday, France's air

accident investigation agency said on Saturday.

Read more

UPDATE 1-Sumner Redstone removes Viacom CEO and board member from trust

May 20 (Reuters) - Media mogul Sumner Redstone has removed

Viacom CEO Philippe Dauman and Viacom board member

George Abrams from the seven-person trust that will determine

the fate of both Viacom and CBS in the event of his

incapacitation or death, two people familiar with the situation

told Reuters Friday.

Read more

UPDATE 1-Struggling Novartis heart drug boosted by new medical guidelines

* Amgen's Corlanor also added to guideline list

(Adds comment from Novartis and analyst)

Read more

Friday, May 20, 2016

Sumner Redstone removes Viacom CEO and board member from trust

May 20 (Reuters) - Media mogul Sumner Redstone has removed

Viacom CEO Philippe Dauman and Viacom board member

George Abrams from the seven-person trust that will determine

the fate of both Viacom and CBS in the event of his

incapacitation or death, two people familiar with the situation

told Reuters Friday.

Read more

Microsoft to crack down on content promoting extremist acts

SAN FRANCISCO, May 20 (Reuters) - With the world growing

more concerned about attacks by militant groups on civilians,

Microsoft Corp on Friday outlined new policies to crack

down what it called "terrorist content" on some of its consumer

services.

Read more

BRIEF-Sessa Capital responds to letter from Ashford Prime's incumbent directors

* Sessa Capital Lp says responds to letter from Ashford

Hospitality Prime's incumbent directors

Read more

BRIEF-SoCalGas responds to court decision ending relocation program

* SoCalGas responds to court decision ending relocation

program

Read more

UPDATE 3-Nigeria's Buhari orders heightened military presence in restive Niger Delta

ABUJA/ONITSHA, Nigeria, May 20 (Reuters) - Nigeria's

President Muhammadu Buhari on Friday said he ordered a

heightened military presence in the restive Niger Delta region

to deal with a resurgence of attacks on oil and gas facilities,

a day after yet another pipeline explosion.

Read more

BRIEF-Founders Advantage Capital appoints Darren Prins as CFO

* Founders Advantage Capital Corp announces executive

appointment

Source text for Eikon:

Further company coverage:

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

8780)

Read more

BRIEF-Cogentix medical adjourns May 20, 2016 annual meeting in response to court ruling

* Cogentix medical adjourns may 20, 2016 annual meeting in response to court

ruling; adjourned meeting date set for May 24, 2016 at 12:00 p.m. Ct

Read more

BRIEF-The Carlyle Group Announces New Leadership Roles

* Kewsong Lee Will Now Also Supervise The Global Market

Strategies Segment

Read more

BRIEF-Liberty Broadband to offer and resale of up to 35.6 mln shares by selling stockholders

* Files for offer and resale of up to 35.6 million shares of

co Series C common stock by selling stockholders - SEC filing

Source text (http://1.usa.gov/1qzH5gv)

Further company coverage:

Read more

BRIEF-Kearny Financial says approved buyback plan to buy up to 9.4 mln shares

* Kearny Financial Corp says authorized a stock repurchase

plan to acquire up to 9.4 million shares or 10% of company's

currently outstanding common stock

Read more

BRIEF-Potash Ridge announces private placement of up to $1.4 mln

* Each unit is priced at $0.25 and is comprised of one

common share in capital of Potash Ridge and one-half of one

common share purchase warrant

Read more

BRIEF-Gladstone Commercial Corp prices public offering

* Pricing of a registered direct placement of 1 million

shares of preferred stock at offering price of $25.00/share

Read more

UPDATE 1-Boeing opens factory to make wings for new 777X jetliner

NEW YORK, May 20 (Reuters) - Boeing Co opened a $1

billion factory in Washington state on Friday that will make

carbon-composite wings for its newest jetliner, the 777X, a key

step toward delivering the first aircraft by 2020.

Read more

LendingClub taps Jefferies to seek loan funding -sources

May 20 (Reuters) - LendingClub Corp has hired

Jefferies LLC to help it find investors for loan funding, people

familiar with the matter said on Friday, as the U.S. online

lender seeks to replenish investments after a scandal over the

sale of some of its loans.

Read more

UPDATE 1-Milder weather welcomed in Canada's fire-stricken energy heartland

CALGARY, May 20 (Reuters) - Firefighters battling a massive

blaze in Canada's energy heartland were buoyed on Friday by a

second day of rain and winds that pushed flames away from oil

sands facilities, as producers announced a gradual increase in

operations.

Read more

UPDATE 1-GM SUV compensation program will cost about $100 mln - source

WASHINGTON, May 20 (Reuters) - General Motors Co said

on Friday it will give debit cards or extended warranties to

146,000 North American owners of new sport utility vehicles to

compensate them because the automaker overstated the vehicles'

fuel efficiency.

Read more

CORRECTED-US STOCKS-S&P looks set to snap three-week losing streak

May 20 (Reuters) - U.S. stocks were higher in early

afternoon trading on Friday, with the S&P on track to eke out

its first weekly gain in four weeks as technology and financial

stocks rose.

Read more

BRIEF-Comstock says increased non-brokered private placement financing to CDN$1.5 mln

* Comstock announces further increase to private placement

and grant of stock options

Read more

BRIEF-Pinnacle Financial Partners gets regulatory approvals to buy Avenue Financial Holdings

* Pinnacle Financial Partners obtains regulatory approvals

to acquire Avenue Financial Holdings

Read more

TREASURIES-Yields on pace for biggest weekly gain in 6 months

* 2-year, 10-year yields on track for biggest weekly rise

since November

Read more

UPDATE 2-Goldman Sachs shareholders approve executive pay proposal

May 20 (Reuters) - A majority of Goldman Sachs Group Inc

shareholders voted in favor of executive pay plans on

Friday at the bank's annual meeting in its Jersey City offices.

Read more

FDA to modify nutrition label guidelines for packaged food, drinks

May 20 (Reuters) - The U.S. Food and Drug Administration

will modify guidelines for nutritional labels on packaged food

and beverages to prominently display calorie count and servings,

the regulator said.

Read more

BRIEF-Equifax says terminated $800 mln credit facility

* On May 16, repaid all outstanding borrowings under and

terminated its $800 million, 364-day revolving credit facility -

sec filing

Read more

BRIEF-Biostage Director Thomas Robinson reports open market purchase

* Director Thomas Robinson reports open market purchase of

18,000 shares of co's common stock on May 19 at average price of

$1.35 each - sec filing

Source text - (http://1.usa.gov/1NBLhHT)

Further company coverage:

Read more

WRAPUP 3-Egypt finds belongings, debris from plane crash at sea

* Too early to rule out any cause, including terrorism -

Egypt

Read more

Apple boss to meet India's Modi and his gold iPhone

MUMBAI, May 20 (Reuters) - When Apple Inc CEO Tim

Cook meets Indian Prime Minister Narendra Modi this weekend as

part of an Asian tour aimed at boosting sales, he will sit down

with a man whose penchant for a selfie - often using his gold

iPhone - can get him into trouble.

Read more

BRIEF-Campbell Soup Q3 earnings per share $0.59

* Raises adjusted eps guidance range, now expects adjusted

eps growth of +11 to +13 percent, or $2.93 to $3.00 per share

Read more

BRIEF-Priceline says $1 bln notes due 2026 priced at 99.807 pct/note

* $1 billion of 3.600% senior notes due 2026 priced to the

public at 99.807% per note - sec filing

Source text for Eikon:

Further company coverage:

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

Read more

EMERGING MARKETS-Fed hike prospects keep emerging markets lower

By Karin Strohecker

LONDON, May 20 (Reuters) - Emerging market assets edged

higher on Friday but currencies were softer over the week and

stocks on track for a fifth week in the red, weighed down by

expectations of an impending U.S. interest rate rise.

U.S. Federal Reserve policymakers have signalled in recent

days they are contemplating an interest rate hike in June. This

has lifted the dollar for a third week and hit riskier

emerging market assets.

Despite struggling higher on th

Read more

BRIEF-Microsoft, Mojang announces five-year exclusive agreement to license Minecraft

* Microsoft, Mojang and Co announced five-year exclusive

agreement to license Mojang's minecraft mobile and pc editions

to co affiliate in china

Read more

UPDATE 1-Panasonic says it can move up investment for Tesla battery plant if asked

* Possible M&A deals on the table -Panasonic exec

(Adds more executive comments, context)

Read more

CORRECTED-UPDATE 1-Netflix, Amazon face EU quota on European works

* EU executive to present overhaul of broadcasting rules on

May 25

Read more

BRIEF-UMC orders machinery equipment worth totalling T$1.9 bln

* Says orders machinery equipment worth T$1.1 billion

($33.66 million) from Tokyo Electron Ltd

Read more

CORRECTED-Samsung to partner with Alibaba affiliate on mobile payments in China

SEOUL, May 20 (Reuters) - Samsung Electronics

said it had struck a deal with an Alibaba Group Holding

affiliate for owners of its phones to be able to more easily

make payments with Alipay accounts - a move it hopes will boost

sales in the world's biggest smartphone market.

Read more

BRIEF-WL Ross sells 20 pct of VTG AG, completing a EUR358 million divestiture

* Affiliate CEW Germany GMBH sold about 20 percent of

outstanding shares in Vtg Aktiengesellschaft to Kuehne Holding

AG

Read more

Thursday, May 19, 2016

European Factors to Watch-Shares seen higher



Read more

BRIEF-Euronav announces termination of Suezmax joint venture

* Euronav will assume full ownership of two youngest

vessels, Captain Michael and Maria

Read more

Tesla raises $1.46 bln in stock sale - IFR

Bengaluru, May 19 (Reuters) - Tesla Motors Inc has

raised $1.46 billion in fresh capital from the sale of its 6.8

million new common stock offering, according to IFR.

Read more

European Factors to Watch-Shares seen higher

MILAN, May 20 (Reuters) - European stocks were seen opening higher on

Friday.

Read more

BRIEF-Yahoo suitors expected to bid $2 bln-$3 bln for core business - WSJ

* Yahoo suitors expected to bid $2 billion to $3 billion,

below past indications - WSJ

Read more

GLOBAL MARKETS-Asian shares poised for weekly loss, Fed talk lifts dollar

* Fed's Dudley "quite pleased" markets increasing rate hike

bets

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U.S., Europeans promise to clarify doing business with Iran

WASHINGTON, May 19 (Reuters) - The United States and

European powers will work to clear up any confusion companies

may have about doing business with Iran following Tehran's

acceptance of a deal to curb its nuclear program, the countries

said in a statement on Thursday.

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UPDATE 2-Oil Search backs LNG push in PNG with $2.2 bln InterOil bid

MELBOURNE, May 20 (Reuters) - Australia's Oil Search Ltd

agreed a $2.2 billion deal to acquire InterOil Corp

on Friday in a move that could pave the way for two

rival liquefied natural gas projects led by global majors to

work together in Papua New Guinea.

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CORRECTED-UPDATE 5-Ex-Dean Foods chairman, gambler charged for insider trading; Mickelson settles

NEW YORK, May 19 (Reuters) - U.S. authorities on Thursday charged a former chairman of Dean Foods Co and a professional Las Vegas gambler with engaging in an insider trading scheme that netted more than $40 million and included a tip that benefited professional golfer Phil Mickelson.

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WRAPUP 3-EgyptAir jet vanishes after mid-air plunge over Mediterranean

* Too early to rule out any cause, including terrorism -

Egypt

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UPDATE 2-U.S. blames Plains pipeline company for Santa Barbara oil spill

LOS ANGELES, May 19 (Reuters) - Numerous lapses in safety

measures, judgment and planning by Plains All American Pipeline

LP led to and worsened a major oil spill last year that

fouled miles of shoreline and ocean near Santa Barbara,

California, the U.S. Transportation Department said on Thursday.

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BRIEF-Sovran prices offering of 6 mln shares of its common stock at $100 per share

* Priced offering of 6 million shares of its common stock at

$100.00 per share

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PRESS DIGEST- Financial Times - May 20

May 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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