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  • LONDON, Feb 5- Ukraine's restructured Eurobonds extended losses on Friday as fears grew over the fate of the ruling coalition and its IMF bailout, though a reduction in U.S. rate rise bets continued to support other emerging assets. MSCI's emerging equity index rose 0.4 percent after shares in Hong Kong and Mumbai rose around half a percent.

  • Feb 4- State Street Corp is nearing a deal to acquire General Electric Co's $115 billion asset management business, according to people familiar with the matter, as the U.S. industrial conglomerate continues to shed unloved assets. State Street, a Boston- based asset manager, has prevailed over other bidders, including Goldman Sachs Group Inc, for the business, and...

  • MONTERREY/MEXICO CITY, Feb 4- Mexico's Cemex on Thursday set ambitious asset sales and debt-cutting targets and reported a surprise fourth-quarter profit, triggering a rally in its beaten-down shares. Cemex, which plans to sell a further $1 billion to $1.5 billion in assets and cut debt by $2 billion by the end of next year, has been reaping rewards from a...

  • Tribune Publishing gets $44.4M from Chicago investor Thursday, 4 Feb 2016 | 9:15 AM ET

    CHICAGO— Tribune Publishing, the troubled owner of the Chicago Tribune and other newspapers around the country, said it received a $44.4 million cash infusion from a Chicago investor who has a stake in its rival newspaper the Chicago Sun-Times. The company has expressed interest in bidding for some assets of Freedom Communications, the bankrupt publisher of...

  • RCS Capital listed total assets of $2 billion and debts of $1 billion in its Chapter 11 filing in Delaware, court documents showed on Monday. Under the restructuring plan, lenders will inject $150 million into broker-dealer Cetera and ties to Schorsch will be cut by eliminating common shares and some $500 million in preferred stock, court documents showed.

  • AMSTERDAM, Feb 1- Dutch insurer Delta Lloyd is still discussing aspects of Europe's new solvency regime with regulators as it prepares a 1 billion euro rights issue to shore up its position. It said it was still in talks with the Netherlands' central bank about issues including the treatment of tax assets, and would update investors when it releases earnings on...

  • Feb 1- RCS Capital Corp, a brokerage firm tied to real-estate investor Nicholas Schorsch, filed for Chapter 11 bankruptcy protection to reduce debt and as per the plan its key lenders will assume control of the company. The company listed total assets of $1.98 billion and debts of $1.39 billion, on a consolidated basis, in its bankruptcy filing.

  • Brokerage firm RCS Capital files for bankruptcy Sunday, 31 Jan 2016 | 11:42 PM ET

    Jan 31- RCS Capital Corp, a brokerage firm tied to real-estate investor Nicholas Schorsch, filed for Chapter 11 bankruptcy protection to reduce debt and as per the plan, its key lenders will assume control of the company. The company listed total assets of $1.98 billion and debts of $1.39 billion, on a consolidated basis, in its bankruptcy filing.

  • NEW YORK, Jan 28- U.S.-based stock funds posted $1.2 billion in outflows during the week that ended Jan. 27, Lipper data showed on Thursday, as investors shied away from risky financial assets for the fourth straight week. Taxable bond funds, by contrast, took in $3.3 billion in new cash from investors, marking their first week of inflows of the year, data from the fund...

  • NEW YORK, Jan 28- Emerging markets suffered $3.6 billion of portfolio outflows in January, the seventh straight month of losses, as renewed concern about sluggish global growth decreased investor appetite for risk assets, the Institute of International Finance said on Thursday. The Washington- based group, one of the most authoritative sources of data on...

  • SHANGHAI, Jan 25- As a slick slide presentation runs for the well-heeled investors jammed into the banqueting hall of Shanghai's Renaissance Yangtze Hotel, an image flashes up of a grinning Chinese man pushing a wheelbarrow full of cash into Europe. "The yuan will keep depreciating as time goes by, so we should swap the money we have in hand into tangible assets," Li...

  • SHANGHAI, Jan 25- As a slick slide presentation runs for the well-heeled investors jammed into the banqueting hall of Shanghai's Renaissance Yangtze Hotel, an image flashes up of a grinning Chinese man pushing a wheelbarrow full of cash into Europe. "The yuan will keep depreciating as time goes by, so we should swap the money we have in hand into tangible assets," Li...

  • PERTH, Jan 23- Embattled mining magnate Clive Palmer said he has transferred A $250 million in assets from two mining companies to his Queensland Nickel refinery, in comments made in a television interview broadcast on Saturday after the refinery went into voluntary administration earlier this week. Assets from two of Palmer's privately-held mining...

  • INVESTMENT FOCUS-The answer to risk? More risk Friday, 22 Jan 2016 | 11:17 AM ET

    *Managers seeking names insulated from oil price, China. LONDON, Jan 22- The volatility across mainstream emerging assets is driving bond fund managers to seek safety in even riskier markets such as Pakistan, Jamaica, Argentina, Honduras and Venezuela. Among these so-called frontier markets, there are some little known reform stories- notably in serial...

  • SAO PAULO, Jan 20- Mexico's peso tumbled to a record low on Wednesday and Brazil's stock market sank to its lowest level since early 2009 as a slump in oil prices drove a further sell-off of riskier assets around the globe. Growing concerns about global oversupply due to the lifting of international sanctions on Iran drove U.S. crude prices to their lowest since...

  • Crude rout worsens, but bond funds remain confident Wednesday, 20 Jan 2016 | 2:56 PM ET

    *Managers see oil rising to $60, from below $30. NEW YORK, Jan 20- Big bond investors who have bet on high-yield oil producers are sticking to losing bets, waiting for a turnaround in the price of crude, even though their performance has suffered and fund assets have shrunk as oil has plunged. These investors said they were maintaining most of their exposure to bonds of...

  • **Bank of America Corp No. 2 U.S. bank by assets Energy exposure assumed at 2.4 percent of total loans. "Energy portfolio stress analysis shows $30 oil for 9 quarters would result in about $700 million of losses." "If oil were $25 for sustained period instead of $30, estimated $600 million cost of credit in first half of 2016 could double.

  • MELBOURNE, Jan 15- Global miner BHP Billiton said on Friday it will write down the value its U.S. shale assets by $7.2 billion on a bleak outlook for oil and gas prices, cementing expectations it will be forced to cut its dividend for the first time in over 25 years. "Simply put, the company can't afford to maintain its dividend policy without taking the balance sheet...

  • LONDON, Jan 14- If the first two weeks are anything to go by, this is going to be an ugly year for nickel producers. Canada's Sherritt International and Japan's Sumitomo Corp have just announced massive write-downs against their Ambatovy nickel assets in Madagascar. The total impairment will be $2.4 billion on a 100 percent basis, according to Sherritt, based on a...

  • *Fourth-qtr EPS $1.32 vs. est. Jan 14- JPMorgan Chase& Co, the biggest U.S. bank by assets, reported a better-than-expected quarterly profit for the final quarter of the year as a tight lid on expenses and a smaller legal bill made up for sluggish revenue growth. U.S. banks, like their global counterparts, have had a tough year as falling oil prices and worries about...