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  • April 6- Sprint Corp said it had signed a deal for the sale and leaseback of certain assets, which will provide the No. 4 U.S. wireless carrier with $2.2 billion in funding.

  • TORONTO, March 31- The financial health of Canadian pension funds declined in the first quarter of 2016, affected by volatile currency markets, weakness in equity markets and lower bond yields, consultancy Aon said on Thursday. Canada's largest public pension funds have continued to perform strongly, benefiting from their strategy of investing in assets...

  • SAO PAULO/ RIO DE JANEIRO, March 28- S tate-controlled power holding company Centrais Elétricas Brasileiras SA has hired Credit Suisse Group AG to advise on a plan to sell a portion or all of a subsidiary's renewable energy assets, two sources with direct knowledge of the matter told Reuters exclusively. Credit Suisse, Rio de Janeiro- based Eletrobras and...

  • SHANGHAI, March 25- China's changing of the way it reports its foreign exchange data has brought it into line with international practice but the timing appears to have worsened the market's appetite for yuan assets. The omission since February fanned growing suspicion that Beijing might be masking the extent of capital outflows amid a slowing economy and...

  • Blodget: Still value in Yahoo

    Business Insider CEO Henry Blodget weighs in on Starboard's proxy fight at Yahoo and what he thinks the Internet company can improve.

  • The headquarters of Valeant Pharmaceuticals International in Laval, Quebec.

    Bill George, Harvard Business School professor, former Medtronic CEO and CNBC Contributor, weighs in on the Valeant Pharmaceuticals leadership change and gives his pick for who should replace Michael Pearson as CEO.

  • Pro on VRX: There's a bigger story here

    Herb Greenberg, CNBC Contributor and partner at Pacific Square Research, talks about Valeant's leadership change and the similarities to Tyco back in 2002.

  • CHICAGO, March 21- Jumio, an online identification verification company whose clients include United Airlines Inc and Airbnb, has filed for Chapter 11 bankruptcy protection for its U.S. business and initiated the sale of assets, according to court documents. "This has left Jumio with few alternatives," Jumio Chief Executive Stephen Stuut said in the court filing...

  • PARIS, March 18- Siemens has no plans to build a turbine factory in France after it merges its wind assets with those of Spain's Gamesa, nor does it want any jumbo turbine technology developed by Areva, two sources said. That venture won contracts to build wind parks with 1.5 gigawatts of capacity off the French coast, on condition that Areva develops and builds a...

  • NAIROBI, March 18- Kenya's KCB Group is looking at medium-sized lenders to buy as part of an expansion plan and is building up capital to boost its acquisition war chest, the chief executive of country's biggest bank by assets said on Friday. Kenya's Equity Bank had said earlier this week that it could be interested in some Barclays assets. Oigara said KCB expected...

  • CHICAGO, March 15- Caesars Entertainment Corp removed assets from its casino operating unit to the detriment of the unit and its creditors, a court-ordered examiner found in a non-binding investigation released on Tuesday. The unit, Caesars Entertainment Operating Co Inc, filed for bankruptcy last year with $18 billion of debt, sparking a bitter feud among...

  • ABU DHABI, March 15- National Bank of Abu Dhabi, the United Arab Emirates' largest lender by assets has hiked its 2015 dividend after investor pressure, the bank's chairman Nasser Ahmed al-Sowaidi said on Tuesday. The move highlights the dilemma UAE banks face in continuing to reward shareholders at a time when the impact of lower oil prices is squeezing business...

  • *More than $3 billion seen in potential deals. MELBOURNE/ SYDNEY March 15- After years on the sidelines, funds specialising in troubled assets are set to take centre stage in the mining industry, driving deals in a sector where the top players alone plan to raise more than $30 billion through sales to cut debt. "The longer this commodity rout continues, the greater...

  • ALMATY, March 14- Kazakhstan's Halyk Bank, the central Asian nation's second-largest lender by assets, reported a 5.2 percent rise in 2015 net income on Monday, partly driven by a devaluation of the tenge currency and higher interest rates. The bank said in a statement its net profit rose to 120.3 billion tenge from 114.4 billion tenge a year earlier, beating its...

  • LONDON, March 13- Trading house Noble Group is under no pressure from banks to sell assets and is not planning further divestments as it negotiates more than $4 billion of new and refinanced loans with lenders, a senior source close to the process said. Sources said it was seeking $2.5- $3.25 billion via an oil inventory-backed loan to replace an existing $1.1...

  • SYDNEY, March 11- U.S. gold giant Newmont Mining said it is selling its stake in Australian miner Regis Resources to institutional investors for $182 million. Newmont, which mines about 5 million ounces of gold a year compared with about 300,000 ounces for Regis, said in a statement it has sold nearly $1.9 billion in non-core assets since mid-2013.

  • WILMINGTON, Del., March 7- HomeTown Buffet Inc and affiliated dining chains owned by Ovation Brands Inc filed on Monday for Chapter 11 bankruptcy, according to court documents, potentially affecting more than 300 U.S. locations. The chains listed assets worth up to $50 million and liabilities of up to $100 million, according to documents filed in the U.S....

  • WILMINGTON, Del., March 2- The operator of a 41- mile Texas toll road connecting San Antonio to Austin filed for Chapter 11 bankruptcy on Wednesday with up to $10 billion in both assets and liabilities, according to court documents.

  • *Maintains year dividend at two shillings per share. NAIROBI, March 2- Kenya's KCB, the country's biggest bank by assets, announced a scrip dividend on Wednesday and said it would issue debt to raise capital this year after volatility in lending rates crimped profit growth in 2015.. The bank, which has operations in Kenya, Uganda, Tanzania, Rwanda and South Sudan, said...

  • The Indianapolis- based short-haul carrier, which feeds flights to American Airlines, Delta and United brands, listed assets of $3.6 billion and $3.0 billion of liabilities, court documents showed. Republic offers approximately 1,000 daily flights to more than 100 cities in the United States, Canada, the Caribbean, and the Bahamas. The company's major...