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  • POLL-Low inflation to linger for years in euro zone Wednesday, 16 Apr 2014 | 10:16 AM ET

    April 16- The euro zone is set for at least two more years of low inflation, held down by a strong currency and anaemic economic and jobs growth, and still faces a very real threat of deflation, a Reuters poll showed on Wednesday.

  • April 16- Canadian grocer Metro Inc posted a higher-than-expected quarterly profit as a reorganization of its Ontario operations boosted sales and the company raised its dividend.

  • April 16- U.S. auto parts maker Johnson Controls said it would buy Air Distribution Technologies, which makes air ventilation products used in buildings, from the Canada Pension Plan Investment Board for about $1.6 billion.

  • April 16- Bond insurer Financial Guarantee Insurance Co said it had reached an agreement with Bank of America Corp to settle litigation related to nine second-lien residential mortgage-backed securitizations FGIC had insured.

  • April 16- Bank of America Corp posted a first-quarter loss as the No. 2 U.S. bank recorded $6 billion in litigation expenses related to a settlement with the Federal Housing Finance Agency and other mortgage-related matters.

  • VMware says to invest $500 mln in India over 3 years Wednesday, 16 Apr 2014 | 7:30 AM ET

    April 16- Virtualization software maker VMware Inc said it plans to invest $500 million in India over the next three years to expand its operations. India is VMware's second-largest operation after its headquarters in California, with offices in Bangalore and Pune. VMware shares closed at $102.22 on the New York Stock Exchange on Tuesday.

  • April 16- Canadian grocer Metro Inc posted a higher-than-expected profit for the second quarter and the company raised its quarterly dividend by 20 percent. Metro reported earnings of C $1.07 per share from continuing operations for the quarter ended March 15. Analysts on average had expected C $1.02 per share, according to Thomson Reuters I/B/E/S.

  • Bank of America posts loss as litigation charges weigh Wednesday, 16 Apr 2014 | 7:10 AM ET

    April 16- Bank of America Corp posted a first-quarter loss as the No. 2 U.S. bank recorded $6 billion in litigation expenses related to a settlement with the Federal Housing Finance Agency and other mortgage-related matters.

  • LONDON, April 16- Starbucks Corp said on Wednesday it would move its European headquarters to London from the Netherlands and pay more tax in the UK as a result. Starbucks regional president Kris Engskov said London was "the perfect place to grow our European business".

  • Gox has given up plans to rebuild under bankruptcy protection and has asked a Tokyo court to allow it to be liquidated, the Wall Street Journal reported, citing people familiar with the situation.

  • April 16- Goldman Sachs is planning to jump-start its stock-trading business after top clients such as Fidelity Investments and BlackRock Inc voiced concerns about the way Goldman and other firms trade stocks, the Wall Street Journal reported, citing people familiar with the matter.

  • April 15- Starbucks Corp said it decided to move its European headquarters to the United Kingdom from the Netherlands following criticism over its low tax payments in Britain last year, The Times reported.

  • District Court judge on Tuesday stopped Massachusetts from implementing a ban on the sale of Zogenix Inc's prescription painkiller Zohydro, saying federal law superseded the state's action.

  • *Goldman Sachs and Morgan Stanley lead underwriters for offering. April 15- Moelis& Co's initial public offering has been priced at $25 per share- below its expected range- a market source said, valuing the independent investment bank at about $1.29 billion.

  • April 15- Twitter Inc said on Tuesday it bought social data provider Gnip for an undisclosed amount, signaling that it would take on a new role of packaging and selling data, a service in demand by business and government.

  • District Court judge on Tuesday stopped Massachusetts from implementing a ban on the sale of Zogenix Inc's prescription painkiller Zohydro, saying federal law superceded the state's action.

  • April 15- Moelis& Co's initial public offering has been priced at $25 per share, a market source said, valuing the independent investment bank at about $1.29 billion. The company's IPO raised about $162.5 million at that price, which was slightly below the expected price range of $26- $29 per share.

  • April 15- Associated Materials Group Inc, a maker of home-building products, said on Tuesday it had decided to withdraw its plans for an initial public offering. Last July, the company, owned by buyout firm Hellman& Friedman LLC, filed with the U.S. Securities and Exchange Commission for an IPO of up to $100 million.

  • April 15- A U.S. federal court granted Zogenix Inc a preliminary injunction against a ban blocking the sale of its controversial opioid painkiller, Zohydro, in Massachusetts, citing public interest.

  • April 15- New York state's top financial regulator has ordered Credit Suisse to turn in the employment records of its former New York head as part of a widening investigation into potential tax evasion involving the Swiss bank, a source close to the matter told Reuters.