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  • *Offering of 23 mln shares priced at $20/ share. April 1- GoDaddy Inc's shares rose as much as 34 percent in their debut on Wednesday following a $460 million initial public offering, as investors spotted a bargain in a company making a shift from Internet domains to small-business services. Etsy Inc, which operates a website that sells handmade goods and craft...

  • April 1- Wal-Mart Stores Inc is looking at how it sources its products in an effort to reduce prices, especially as commodity prices fall globally, the head of the its U.S. division said on Wednesday. Last month Wal-Mart announced that it was investing $1 billion to raise the wages of half a million store employees. Shares of Wal-Mart were down 1.8 percent at $80.78.

  • SAO PAULO/ RIO DE JANEIRO, April 1- Brazilian telecom group Oi SA is eliminating 1,070 jobs this month in a cost-cutting program that will define how much it can invest this year, the company told Reuters exclusively as pink slips began to go out on Wednesday. Chief Executive Bayard Gontijo, who set the cost-cutting agenda in motion when he took over in October, said...

  • Lampert controls nearly half of Sears and No. 2 shareholder Fairholme Capital Management holds about 24 percent of the company. Sears shares rose 9.4 percent to $45.21 in early trading on Wednesday. The REIT, Seritage Growth Properties, will buy and lease back about 254 Sears and Kmart stores, Sears said on Wednesday.

  • UPDATE 1-Simon Property ends pursuit of Macerich Wednesday, 1 Apr 2015 | 9:40 AM ET

    April 1- Simon Property Group Inc scrapped its attempt to buy Macerich Co, ending what could have been the largest deal between U.S. shopping mall operators after Macerich rejected its sweetened offer of $23.2 billion including debt. Shares of Macerich, which said the raised offer still undervalued the company, fell 5 percent to $80 in premarket trading on...

  • TOKYO, April 1- Tokyo shares fell on Wednesday as investors sold recent gainers to lock in profit on the first day of the Japanese financial year and after a disappointing tankan business sentiment survey from the Bank of Japan. Both the Nikkei share average and the Topix fell below their 25- day moving average, a key short-term support level, clouding the outlook...

  • *Yen firmer as weak Tokyo shares weigh on risk sentiment. SINGAPORE/ TOKYO, April 1- The dollar slipped versus the yen at the start of a new quarter on Wednesday, as a soft reading on Japanese business sentiment dented Tokyo shares and helped bolster the safe haven yen. "Dollar/yen has led this move today and I think it's basically trading off the back end of the Nikkei,"...

  • TOKYO, April 1- Tokyo shares fell on Wednesday as investors sold recent gainers to lock in profit on the first day of Japanese financial year and after soft reading on the Bank of Japan's tankan business sentiment survey. A close below the 25- day moving average would probably lead to a near-term correction in the market, "said Takashi Oba, senior strategist at...

  • *Charter to buy Bright House for about $10 bln. NEW YORK, March 31- U.S. stocks ended down on Tuesday in a retreat from the previous session's sharp rally as energy shares declined and the dollar edged up, but the S&P 500 and Nasdaq registered their ninth straight quarterly rise. The S&P Energy index declined 0.9 percent, while shares of Exxon Mobil Corp fell 0.7...

  • Refiner Delek in talks to buy Alon Israel Tuesday, 31 Mar 2015 | 10:59 AM ET

    March 31- Refiner Delek US Holdings Inc said it is in talks to buy some or all of Alon Israel Oil Co Ltd, the parent company of Alon USA Energy Inc.. Until recently, Alon Israel- one of Israel's largest fuel station and convenience store operators- owned more than 50 percent of Alon USA's stock. Alon USA's shares were up 5 percent at $16.76 in morning trading on the New...

  • *Charter to buy Bright Hose for about $10 bln. NEW YORK, March 31- U.S. stock were poised to open lower on Tuesday, indicating a modest retreat from the previous session's rally, though the S&P 500 remained on track for its ninth straight quarterly rise. Energy shares will continue to be in focus as crude oil fell 1.3 percent to $47.58 per barrel, sending Exxon Mobil Corp...

  • European shares up, head for best quarter in years Tuesday, 31 Mar 2015 | 3:18 AM ET

    LONDON, March 31- European shares edged higher in early trading on Tuesday and headed for their best quarterly performance in several years, with Kingfisher leading the market higher following its plans to sell about 60 B&Q stores in Britain. Shares in Europe's biggest home improvement retailer were up 4.6 percent after the announcement of store closure...

  • *Shanghai, Hong Kong, Seoul, Taipei shares to rise through 2015. BENGALURU, March 31- Shares in China and other East Asian markets will extend their rally this year, buoyed by additional policy easing expected from Beijing and other regional central banks, a Reuters poll showed. "mainland government has shown a clear attitude in supporting the stock market as it is a...

  • *UnitedHealth unit to buy Catamaran; Horizon to buy Hyperion. Among the deal news, OptumRx Corp, a unit of UnitedHealth Group, agreed to buy pharmacy benefit manager Catamaran Corp in a deal worth $12.78 billion. Shares of UnitedHealth, a Dow component, rose 2.7 percent to $121.17 while U.S. shares of Catamaran added 24 percent to $60.12.

  • March 30- BioDelivery Sciences International Inc said its pain drug failed to meet the main goal of a late-stage study, sending the drugmaker's shares down nearly 30 percent. Janney Montgomery Scott LLC's Chiara Russo said the fall in share price was overdone as the company is developing another promising pain drug. Biodelivery, which is developing an opioid...

  • Who's Yoox and why does it want Net-a-Porter? Monday, 30 Mar 2015 | 9:40 AM ET
    Net-a-Porter website

    Luxury goods group Richemont has said it is in talks over a potential "business combination" between its online retailer Net-a-Porter and Yoox.

  • Rallying techs help European stocks bounce back Monday, 30 Mar 2015 | 4:15 AM ET

    *Lafarge drops as two Holcim shareholders reject revised deal. U.S. tech stocks climbed on Friday after news that Intel Corp is in talks to buy fellow chipmaker Altera Corp in a deal likely to top $10 billion. Intel shares jumped 6.4 percent while Altera shares surged 28.4 percent.

  • TOKYO, March 30- Japan's Nikkei share average rose in choppy trade on Monday as investors bought back stocks on dips after the index tumbled last week, but energy shares underperformed as oil prices extended their losses. The Nikkei benchmark rose 0.7 percent at 19,411.40 after being in negative territory earlier. Oil shares fell, with Inpex Corp dropping 2.5...

  • March 27- Intel Corp is in talks to buy fellow chipmaker Altera Corp in a deal likely to top $10 billion, according to a source familiar with the matter, making it Intel's biggest purchase ever and the latest merger in the quickly consolidating semiconductor sector. The acquisition of Altera, which makes programmable chips widely used in cellphone towers, the...

  • March 27- Intel Corp is in talks to buy fellow chipmaker Altera Corp in a deal likely to top $10 billion, making it Intel's biggest purchase and the latest merger in the quickly consolidating semiconductor sector, the Wall Street Journal reported on Friday. An acquisition of Altera, which makes programmable chips widely used in cellphone towers, the military and...