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  • UPDATE 1-BMW to recall more than 156,000 vehicles in US Thursday, 10 Apr 2014 | 12:34 PM ET

    April 10- German carmaker BMW said it would voluntarily recall more than 156,000 vehicles in the United States, including its popular 3 Series compact sedan, to check for potentially defective bolts that could lead to engine damage.

  • April 10- General Motors Co said it has placed two engineers on paid leave as part of an internal investigation into defective ignition switches linked to 13 deaths and the global recall this year of 2.6 million cars. Reuters has confirmed that the engineers are Ray DeGiorgio and Gary Altman.

  • April 10- Rentech Inc, which processes wood fibre, said Blackstone Group LP's credit arm would invest $150 million in the company in return for two board seats, sending its shares up as much as 19 percent.

  • BMW says to recall 156,137 vehicles in US Thursday, 10 Apr 2014 | 11:29 AM ET

    April 10- German carmaker BMW said it has informed the U.S. National Highway Traffic Safety Administration that it intended to voluntarily recall about 156,137 vehicles in the country.

  • MUMBAI, April 10- India's Natco Pharma Ltd has formally asked the Indian patent office to deny U.S. drugmaker Gilead Sciences Inc's new hepatitis C drug Sovaldi a patent in India, a source with direct knowledge of the matter said.

  • April 10- General Motors Co said it had placed two engineers on paid leave as part of an investigation into defective ignition switches that led to a recall of 2.6 million cars. "This is an interim step as we seek the truth about what happened," Chief Executive Mary Barra said in a statement.

  • April 10- General Motors Co said it had placed two engineers on paid leave as part of an investigation into defective ignition switches that led to a recall of 2.6 million cars. "This is an interim step as we seek the truth about what happened," Chief Executive Mary Barra said in a statement.

  • TORONTO, April 10- Goldcorp Inc hiked its hostile takeover offer for smaller Canadian gold miner Osisko Mining Corp to about C $3.6 billion on Thursday as it sought to top a complex white knight bid from Yamana Gold Inc..

  • April 10- Rentech Inc, which processes wood fibre, said Blackstone Group LP's credit arm would invest $150 million in the company in return for two board seats. Rentech shares rose as much as 19 percent to $2.15 in morning trade on Thursday.

  • Goldman Sachs& Co, Morgan Stanley and Credit Suisse are the lead underwriters for the IPO, Zendesk said in a filing with the U.S. Securities and Exchange Commission. Charles River Ventures, an early investor in Twitter Inc, is Zendesk's biggest shareholder with a 24.5 percent stake, followed by Benchmark Capital Partners LP that has an 18.7 percent stake.

  • Ally Financial shares fall in debut Thursday, 10 Apr 2014 | 9:40 AM ET

    April 10- Shares of bailed out auto-lender Ally Financial Inc fell 3 percent in their market debut, valuing the company at about $11.7 billion in the biggest U.S. Detroit- based Ally's shares were trading at $24.25 shortly after the opening on the New York Stock Exchange.

  • April 10- IT services provider iGate Corp reported better-than-expected quarterly results as it added more customers, and revenue rose in Europe and from its financial industry clients. IGate shares rose 3 percent in premarket trade on Thursday. IGate expects adjusted EBITDA margins to be modestly lower in the second quarter due to a planned wage increase.

  • April 10- Payroll processor Automatic Data Processing Inc said its board had approved a tax-free spinoff of its dealer services business into an independent publicly traded company.

  • Cash America said that while a final decision is yet to be made, the separation of Enova International Inc would create a publicly traded company with about $766 million in revenue as of Dec. 31.

  • April 10- Cloud-based software maker Zendesk Inc filed with U.S. regulators on Thursday for an initial public offering of up to $150 million. Goldman Sachs& Co, Morgan Stanley and Credit Suisse are the lead underwriters for the IPO, Zendesk said in a filing to the U.S. Securities and Exchange Commission.

  • April 10- Biogen Idec Inc and Swedish Orphan Biovitrum said their experimental blood disorder drug was effective in treating children with hemophilia in a late-stage trial.

  • April 10- Rite Aid Corp forecast 2015 earnings above analysts' estimate, after reporting a higher-than-expected quarterly profit due to strong pharmacy same-store sales, sending its shares up about 10 percent before the bell. Rite Aid estimated full-year earnings of 31- 42 cents per share and sales of $26 billion- $26.5 billion.

  • April 10- Goldcorp Inc, the world's second-biggest gold miner by market value, raised its offer to buy fellow Canadian miner Osisko Mining Corp to about C $3.6 billion, trumping a bid from Yamana Gold Inc..

  • April 10- Heavy equipment retailer Titan Machinery Inc said it would cut about 12 percent jobs in its construction unit and the company posted a 10 percent drop in quarterly revenue. Titan also estimated revenue of $1.95 billion to $2.15 billion for the year ending Jan. 31, 2015.

  • April 10- Family Dollar Stores Inc, a convenience store operator, said it would cut jobs, shut about 370 underperforming stores and lower prices on about 1,000 basic items. The job cuts and store closures are expected to reduce annual operating costs by $40 million to $45 million beginning third quarter of fiscal 2014, the company said.