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  • WASHINGTON, Feb 10- Dozens of large U.S. hedge funds are more highly leveraged than the Third Avenue junk-bond mutual fund that collapsed last year, the federal office monitoring the financial system said on Wednesday. The Office of Financial Research analyzed quarterly reports that advisers for hedge funds with at least $500 million in assets under...

  • THE HAGUE, Feb 9- Russia on Tuesday began its appeal in the Netherlands against an international arbitration order that Moscow pay $50 billion in damages to shareholders in the defunct Russian oil giant Yukos. Most of Yukos' assets were acquired by Russia's state-owned oil producer Rosneft after Yukos was declared bankrupt and its founder Mikhail...

  • Feb 8- Wall Street was deep in the red in volatile trading on Monday, as technology stocks continued to sell off and oil prices remained under pressure, sending investors scurrying to safe-haven assets. "Equities are in a' go-nowhere-fast' mode, with a downward bias in the near term," said Terry Sandven, chief equity strategist at U.S. Bank Wealth Management in...

  • LONDON, Feb 8- European shares plunged to 16- month lows on Monday, extending a aggressive sell-off, while bond yields and oil also fell as investors shed risky assets on persistent concern over the pace of global growth. Data over the weekend showing China's foreign reserves fell for a third straight month in January, as dollars were dumped to defend the yuan and...

  • The Franklin, Tennessee- based company said challenging market conditions for the aluminum industry and recent disruptions in its primary business operations led to the decision. Noranda listed both assets and liabilities in the range of $1 billion to $10 billion. The case is in U.S. Bankruptcy Court, for the Eastern District of Missouri, Case No 16-10083..

  • 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...

  • 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.

  • 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...

  • *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...

  • *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...