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  • CHICAGO, April 15- U.S. shale oil producer Goodrich Petroleum Corp said on Friday that it filed for Chapter 11 bankruptcy protection with a plan to eliminate $400 million in debt from its balance sheet while it rides out a slump in commodities markets. The Houston- based exploration and production company, which has shale assets in Texas, Louisiana and...

  • *Credit costs could rise by $1 bln in 2016. *Profit $1.10/ share vs est. The No.4 U.S. bank by assets also said on Friday that it could incur another $1 billion in credit costs this year if oil slipped to below $35 per barrel.

  • *Sets aside $1.09 bln to cover bad loans. April 14- Wells Fargo& Co's quarterly profit fell 7 percent as the No. 3 U.S. bank by assets set aside more than $1 billion to cover bad loans, saying its energy portfolio remained under "significant stress." This week alone, Peabody Energy Corp, the biggest U.S. coal miner, and Energy XXI Ltd, a major oil and gas producer in Louisiana,...

  • *Sets aside $1.09 bln to cover bad loans. April 14- Wells Fargo& Co's quarterly profit fell 7 percent as the No.3 U.S. bank by assets set aside more than $1 billion to cover bad loans, saying its energy portfolio remained under "significant stress." This week alone, Peabody Energy Corp, the biggest U.S. coal miner, and Energy XXI Ltd, a major oil and gas producer in Louisiana,...

  • NEW YORK, April 13- One of the most popular actively managed ETFs, the Pimco Total Return Active Exchange-Traded Fund, has seen its assets stagnate as investors have gravitated toward rival funds and lower-cost passive bond ETFs, Morningstar data show. In the first quarter the fund, also known as BOND, posted net withdrawals of $37.6 million while the overall bond...

  • NEW YORK, April 13- One of the most popular actively managed ETFs, the Pimco Total Return Active Exchange-Traded Fund, has seen its assets stagnate as investors have gravitated toward rival funds and lower-cost passive bond ETFs, Morningstar data show. In the first quarter the fund, also known as BOND, posted net withdrawals of $37.6 million while the overall bond...

  • Peabody Energy, the world's largest privately owned coal producer, filed for U.S. bankruptcy protection on Wednesday.

  • April 13- Peabody Energy Corp, the world's largest privately owned coal producer, filed for U.S. bankruptcy protection on Wednesday in the wake of a sharp fall in coal prices that left it unable to service a recent debt-fueled expansion into Australia. The company listed both assets and liabilities in the range of $10 billion to $50 billion.

  • NEW YORK, April 12- The prospect of a near-term bankruptcy for solar giant SunEdison Inc also threatens the separate companies it created to hold renewable energy assets- the so-called "yieldcos." The companies- TerraForm Power Inc and TerraForm Global Inc- will likely avoid bankruptcy but may not escape unscathed, analysts and restructuring experts said.

  • 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.