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  • April 11- Chesapeake Energy Corp surprised investors on Monday by keeping its $4 billion loan from banks despite concerns about its liquidity position at a time when many oil and gas producers are seeing their credit cut. Oklahoma City- based Chesapeake said it won the relief after pledging additional assets as collateral. Investors quickly pushed up...

  • *Lists assets of $50 mln- $100 mln. *Golden Gate to take PacSun private. Chapter 11 filings by surfwear brand Quicksilver and teen retailer American Apparel, plans to be taken private by investment firm Golden Gate once it emerges from bankruptcy, it said in a statement on Thursday.

  • The Anaheim-based retailer listed assets in the range of $50 million to $100 million, and liabilities of between $100 million and $500 million, according to a court filing. Pacific Sunwear said private equity firm Golden Gate Capital had agreed to convert more than 65 percent of its debt into equity of the reorganized company and provide a minimum of $20...

  • April 7- Struggling surfwear chain Pacific Sunwear of California Inc filed for Chapter 11 bankruptcy protection on Thursday, succumbing to years of losses and intense competition in the teen apparel industry. The Anaheim, California- based retailer listed assets in the range of $50 million to $100 million, and liabilities of between $100 million and $500...

  • *Debt-heavy SunEdison looking to sell India assets. MUMBAI, April 7- The likely collapse of SunEdison Inc's solar project in India, the first of 32 planned "ultra mega" complexes, could delay Prime Minister Narendra Modi's goal to increase renewable energy fivefold by several years and probably cost consumers more. India plans to auction more of the "ultra mega"...

  • April 6- Sprint Corp, the No. 4 U.S. wireless carrier, said it would raise $2.2 billion in cash through a deal for the sale and lease-back of certain network assets. As of Dec. 31, Sprint had total liquidity of $6 billion with an additional $600 million of availability under vendor financing agreements. The company's total liabilities stood at $59.22 billion, while...

  • 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...