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  • Alcoa to close smelter in Italy Monday, 25 Aug 2014 | 8:59 AM ET

    Aug 25- Aluminum producer Alcoa said it would permanently close its Portovesme smelter on the Italian island of Sardinia. The closure of the plant, which has not operated since November 2012, will reduce Alcoa's global smelting capacity by 150,000 metric tons to 3.6 million metric tons per year.

  • Aug 25- Private equity firm Oak Hill Capital Partners said it would buy container maker Berlin Packaging LLC for $1.43 billion from Bahrain- based investment firm Investcorp Bank BSC. Chicago- based Berlin Packaging, founded in 1898, makes rigid plastic, glass and metal containers.

  • Aug 25- Layne Christensen Co's largest shareholder said it had asked the water management company to reorganize and consider selling a division to repay debt. Layne Christensen, whose customers include miners and drillers, has been struggling with project delays, regulatory investigations and top level exits.

  • Top India court says coal allocations were illegal Monday, 25 Aug 2014 | 7:57 AM ET

    NEW DELHI— India's Supreme Court said Monday that all government allocations of coal reserves to private companies from 1993 to 2010 were conducted illegally, and it will hold a hearing to decide whether to cancel them.

  • Aug 25- Regado Biosciences Inc said it stopped enrollment in a late-stage trial of its lead drug after an independent safety panel raised serious concerns of allergic reactions, sending the company's shares down about 26 percent before the bell. The U.S. Food and Drug Administration also imposed a clinical hold on the trial.

  • Investor asks Layne Christensen to reorganize Monday, 25 Aug 2014 | 6:58 AM ET

    Aug 25- Layne Christensen Co's largest shareholder said it had asked the water management company to reorganize and consider selling a division to repay debt. Investment manager Van Den Berg Management I Inc, which said it presented its proposals to the company on Aug. 13, said it held a 16.2 percent stake in the Woodlands, Texas- based company.

  • Aug 25- Regado Biosciences Inc said it stopped enrollment in the late-stage trial for its lead drug after an independent committee recommended raised serious concerns of allergic reactions to the experimental blood thinner.

  • Aug 25- Activist Investor Engine Capital LP wants women's apparel retailer Ann Inc to sell itself, which it believes could fetch around $2.5 billion, the Wall Street Journal reported, citing people familiar with the matter.

  • Amazon developing ad software: Report Saturday, 23 Aug 2014 | 10:00 AM ET
    Amazon CEO Jeff Bezos.

    Amazon is planning to develop its own software for placing advertisements online, The Wall Street Journal reported.

  • Aug 22- Amazon Inc is planning to develop its own software for placing advertisements online, The Wall Street Journal reported, citing people with knowledge of the matter.

  • Aug 22- Pharmacy chain Walgreen Co suffered a system outage for several hours on Friday, taking all of its 8,200 pharmacy outlets offline and delaying prescription orders. The company faced a "technical issue" during a system update and had to bring the entire system offline to resolve it, spokesman Michael Polzin said.

  • Aug 22- American Securities LLC- backed auto parts maker Metaldyne Performance Group Inc filed with U.S. regulators for an initial public offering of its common shares. Merrill Lynch, Pierce, Fenner& Smith, Goldman Sachs and Deutsche Bank Securities Inc are the lead underwriters for the offering, the company said.

  • Goldman Sachs to resolve FHFA claims for $3.15 bln Friday, 22 Aug 2014 | 5:37 PM ET

    Goldman said it would repurchase the securities sold to Fannie Mae and Freddie Mac over the 2005-2007 period.

  • Walgreen stores go offline due to technical glitch Friday, 22 Aug 2014 | 5:21 PM ET

    Aug 22- Pharmacy chain Walgreen Co suffered a system outage for several hours on Friday, taking all of its 8,200 pharmacy outlets offline and delaying prescription orders. The company faced a "technical issue" during a system update and had to bring the entire system offline to resolve it, spokesman Michael Polzin said.

  • Auto parts maker Metaldyne Performance files for IPO Friday, 22 Aug 2014 | 4:55 PM ET

    Aug 22- American Securities LLC- backed auto parts maker Metaldyne Performance Group Inc filed with U.S. regulators on Friday to raise up to $150 million in an initial public offering of common stock. Merrill Lynch, Pierce, Fenner& Smith, Goldman Sachs and Deutsche Bank Securities Inc are the lead underwriters for the offering.

  • Aug 22- McDonald's Corp is replacing its U.S. president for the second time in two years, a move that suggests increased pressure on Chief Executive Don Thompson to improve sales in the fast food chain's home market.

  • Aug 22- McDonald's Corp is changing the leadership at its struggling U.S. division for the second time in two years in a move that may signal increased pressure on Chief Executive Officer Don Thompson.

  • GM opens IT center in Phoenix, Arizona Friday, 22 Aug 2014 | 12:00 PM ET

    Aug 22- General Motors Co said it opened a fourth IT center in the United States in Phoenix, Arizona as it aims to improve performance and cut operational costs. The automaker said it expects to hire 1,000 employees at the center over the next five years. GM's three other IT centers are in Warren, Michigan, in Austin, Texas and in Roswell, Georgia.

  • Aug 22- Power company Dynegy Inc said on Friday that it would buy coal and gas power plants for $6.25 billion to increase its presence in two less regulated eastern U.S. markets. Dynegy shares rose as much as 22.5 percent in early trading.

  • Aug 22- McDonald's Corp named former executive Mike Andres as president of McDonald's USA replacing Jeff Stratton, as part of efforts to arrest falling sales in its home market.