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  • *To sell 127,000 acres to Malaysia- controlled Progress Energy. Nov 8- Talisman Energy Inc said it would sell a stake in some of its natural gas assets in British Columbia's Montney field to Malaysia- controlled Progress Energy Canada Ltd for C $1.5 billion as it restructures global operations.

  • At 0950 GMT, Richemont shares were down 1.8 percent at 91.3 Swiss francs, underperforming a 0.6 percent decline in Europe's blue-chip stocks index. "Surprising, and likely to be taken negatively," said Citi analyst Thomas Chauvet of Richemont's decision to retain its weaker brands, which are mostly in fashion and accessories.

  • *Investment plan to upgrade networks in Italy, Brazil. MILAN/ PARIS, Nov 7- Telecom Italia will sell its Argentina unit and other assets while issuing a convertible bond, aiming to raise around 4 billion euros to stave off a credit rating downgrade and strengthen operations in Italy and Brazil.

  • *Investment plan to upgrade networks in Italy, Brazil. MILAN/ PARIS, Nov 7- Telecom Italia will sell its Argentina unit and other assets while issuing a convertible bond, aiming to raise around 4 billion euros to stave off a credit rating downgrade and strengthen operations in Italy and Brazil.

  • Hedge fund takes stake in Men's Wearhouse Thursday, 7 Nov 2013 | 1:32 PM ET
    A Men's Wearhouse in New York

    Eminence Capital has taken a 9.8 percent stake in the clothier and will argue to solicit more bids, CNBC's David Faber reported.

  • Nov 6- China's Suntech Power Holdings Co Ltd, once the world's largest maker of solar panels, filed for provisional liquidation, signaling that it may go out of business after years of steep declines in panel prices. Suntech's shares fell as much as 23 percent to $1.15 on the New York Stock Exchange on Wednesday.

  • *1,775 job cuts to hit Portsmouth, Filton and Scotland. LONDON, Nov 6- Defence contractor BAE Systems plans to lay off 1,775 ship workers across the UK as the biggest warships Britain has ever built near completion with no similar-sized orders on the horizon.

  • RIO DE JANEIRO/ SAO PAULO, Nov 6- OSX Brasil SA, the Brazilian shipbuilder controlled by former billionaire Eike Batista, is considering seeking court protection from creditors as early as Wednesday, three sources with direct knowledge of the plans told Reuters.

  • Nov 6- Suntech Power Holdings Co Ltd, once the world's largest maker of solar panels, said it had filed an application for provisional liquidation in the Cayman Islands, where the New York- listed Chinese company is incorporated.

  • RIO DE JANEIRO/ SAO PAULO, Nov 6- OSX Brasil SA, the Brazilian shipbuilder controlled by former billionaire Eike Batista, is considering seeking court protection from creditors as early as Wednesday, three sources with direct knowledge of the plans told Reuters.

  • *Files for bankruptcy after Hertz cancels lease agreements. *Hertz shares fall as much as 17 pct. Nov 5- Advantage Rent A Car, which Hertz Global Holdings Inc hived off as part of a deal to buy Dollar Thrifty, will file for bankruptcy after Hertz terminated lease agreements that provided Advantage with its cars.

  • CALGARY, Alberta, Nov 5- Encana Corp, Canada's largest natural gas producer, said on Tuesday it will cut about 20 percent of its workforce, slash its dividend, and focus future spending on just five regions rich in oil and gas liquids as it looks to move away from low-value natural gas production.

  • DETROIT, Nov 5- The city of Detroit will delay its plan to move retiree healthcare onto the Affordable Care Act exchanges because of problems that are plaguing the roll-out of the online insurance marketplaces, an attorney representing the city said in bankruptcy court on Tuesday.

  • LONDON, Nov 5- G4S plans to shake up the weakest parts of its business and lay off up to 400 UK staff as the new boss of the world's largest security firm by revenue battles to restore its reputation tarnished by a series of high-profile blunders.

  • The digital media and entertainment company said on Tuesday it took a pre-tax restructuring charge of $19 million and an impairment charge of $25 million, both related to Patch, sending operating income down 61 percent to $16.7 million.

  • Nov 5- Encana Corp, Canada's largest natural gas producer, said it will cut about 20 percent of its workforce, slash its dividend and invest nearly three-quarters of its 2014 capital spending budget in more lucrative oil and liquid gas assets. Encana, which had 4,193 employees on Dec. 31, said it will cut its dividend to 7 cents per share from 20 cents.

  • Nov 4- Atlantic Express Transportation Corp filed for Chapter 11 bankruptcy protection late on Monday, a court filing showed, as the school bus operator faces a union battle, weak earnings, and cash shortage.

  • Nov 4- School bus operator Atlantic Express Transportation Corp filed for chapter 11 bankruptcy protection late on Monday, a court filing showed. New York- based Atlantic Express listed out estimated liabilities and assets of $100 million to $500 million.

  • DETROIT, Nov 4- Detroit's unions called witnesses on Monday to testify that the city does not belong in bankruptcy including representatives of a union and retirees who said a negotiated settlement of the city's debts had been possible before it filed for bankruptcy in mid-July.

  • NEW YORK, Nov 4- Billionaire investor Steven A. Cohen's days as a hedge fund manager may be over with his SAC Capital Advisors agreeing to plead guilty to insider trading charges and pay a record $1.8 billion in fines and forfeitures.

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