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  • RadioShack shares fall after covenant breach claims Tuesday, 2 Dec 2014 | 2:57 PM ET

    RadioShack rejected claims that it breached covenants on a $250 million term loan.

  • NEW YORK, Dec 2- Arab Bank Plc, found liable in a U.S. civil court of providing material support for Hamas, urged an appeals court on Tuesday to block thousands of non-U.S. citizens from pursuing similar claims that it financed terrorism. In September, a federal jury in Brooklyn found Arab Bank liable in what lawyers described as the first terrorism financing civil...

  • NEW YORK, Dec 2- Arab Bank Plc, found liable in a U.S. civil court of providing material support for Hamas, urged an appeals court on Tuesday to block thousands of non-U.S. citizens from pursuing similar claims that it financed terrorism. In September, a federal jury in Brooklyn found Arab Bank liable in what lawyers described as the first terrorism financing civil...

  • Misfit, which claims to make the biggest-selling activity and sleep tracker in China, said on Tuesday it has raised new financing from Xiaomi, e-commerce company JD.com Inc, and venture-capital firms GGV Capital and Shunwei. But the deal with Misfit would be the first instance of the company investing in a U.S.-based wearables company as it pursues its...

  • Dec 2- RadioShack Corp said lender Salus Capital Partners' claims that the troubled electronics retailer breached covenants on a $250 million term facility were "wrong and self serving." Trading in RadioShack's shares was halted. The claims were related to a recapitalization and investment agreement and an amendment to the company's credit facility on Oct. 3,...

  • Samurai bonds: Why banks might issue debt in yen  Tuesday, 2 Dec 2014 | 2:30 AM ET

    Benedict Nielsen, head of primary debt markets for EMEA and Asia ex-Japan at Nomura, says that as banks are pushed to raise more capital, they will explore other markets to issue bonds, such as Japan.

  • NEW YORK, Dec 1- Ally Financial Inc became the largest U.S. retail auto lender in the third quarter, displacing Wells Fargo& Co for the first time since the start of 2013, according to a report from Experian Automotive on Monday. Much of Ally's growth came from financing used car sales, an area where the former in-house finance arm of General Motors Co has been...

  • SBERBANK SAYS RAISES 2014 FORECAST FOR CORPORATE LOAN GROWTH TO ABOVE 20 PCT FROM AROUND 12-14 PCT EARLIER.

  • NEW YORK, Nov 20- U.S. banks are taking on "incredible" risk in corporate and commercial lending, offering interest rates and terms that do not reflect potential losses, BB&T Corp Chairman and Chief Executive Kelly King said on Thursday. U.S. commercial banks had $1.74 trillion worth of commercial and industrial loans as of October on a seasonally adjusted basis,...

  • Where is the high yield opportunity?  Thursday, 20 Nov 2014 | 3:30 AM ET

    Gershon Distenfeld, director of high yield debt at AllianceBernstein, discusses where he thinks the best opportunity is in the high yield space, but warns that a lack of liquidity in the sector keep him up at night.

  • Caesars, creditors consider turning unit into REIT Wednesday, 19 Nov 2014 | 6:14 PM ET

    Caesars Entertainment proposed a restructure plan that would the debt of its largest unit into a real estate investment trust.

  • Bet on Petrobras' debt?  Wednesday, 19 Nov 2014 | 12:43 PM ET

    CNBC's Michelle Caruso-Cabrera has the breakdown on the potential risks and rewards of betting on Petrobras.

  • Nov 19- Cloud security software maker CipherCloud said it raised $50 million financing from Transamerica Ventures, Delta Partners, and existing investors Andreessen Horowitz and T-Ventures. The company's products enable users to secure data by encryption across multiple cloud applications such as Salesforce.com Inc, Google Inc's Gmail and Microsoft...

  • BUDAPEST, Nov 19- U.S.-Hungarian company Prezi.com, which makes online tools for creating presentations, has raised $57 million in financing from U.S. venture capital firm Spectrum capital and existing investor Accel Partners. Prezi CEO Peter Arvai told Reuters in an interview that the company, which he started five years ago in Hungary and now has 50 million...

  • Nov 13- Wells Fargo& Co said it would sell government-guaranteed student loans worth $8.5 billion to Navient Corp, one of the largest U.S. loan servicing and asset recovery companies. Student loan servicers, such as Navient, Great Lakes Educational Loan Services and Nelnet Inc, accept borrowers' payments and help those facing financial setbacks to enroll in...

  • Nov 13- Student loan servicing company Navient Corp said it would buy a portfolio of federally guaranteed student loans from Wells Fargo& Co, totaling $8.5 billion. The acquisition is expected to close in the quarter ending December, Navient said. Due to a change in federal law, Wells Fargo had not issued federal student loans since June 30, 2010, the bank said in a...

  • Cepheid receives grant to develop Ebola diagnostic test Thursday, 13 Nov 2014 | 7:50 AM ET

    Nov 13- Molecular diagnostics company Cepheid said it received a grant of up to $3.3 million, co-financed by the Paul G. Allen Family Foundation and the Bill& Melinda Gates Foundation, to develop a diagnostic test for the deadly Ebola virus. The Xpert Ebola test, which is expected to use saliva or a drop of blood to identify the virus, is likely to be offered on an...

  • Nov 13- The controversial government program that funded failed solar company Solyndra, and became a lighting rod in the 2012 presidential election, is officially in the black. According to a report by the Department of Energy, interest payments to the government from projects funded by the Loan Programs Office were $810 million as of September- higher than the...

  • Making junk-rated loans to companies that are often owned by private equity firms is a lucrative, high-margin business for major Wall Street banks. Leveraged loans accounted for $254.7 billion, or 74.7 percent, of criticized assets in the 2014 review, compared with $227 billion, or 75 percent, of criticized assets in 2013, the Federal Reserve, the Federal...

  • OGAKI, Japan, Nov 7- While rival banks sit on their deposits, frustrating government efforts to reflate Japan's stagnant economy, regional banker Takashi Tsuchiya will write you a loan to close your business or end your marriage. The portly boss of Ogaki Kyoritsu Bank in the central Gifu prefecture, who deploys an infectious giggle as liberally as he disburses...