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  • UPDATE 1-Storage tech company Nutanix files for IPO Tuesday, 22 Dec 2015 | 6:51 PM ET

    SAN FRANCISCO, Dec 22- Online storage startup Nutanix has filed for its long-awaited public offering, the latest indication that the IPO window may still be open for some highly valued tech companies. Based in San Jose, California, Nutanix is not profitable, and for the fiscal year ending July 31, 2015 it lost $126.1 million. Underwriting banks include Goldman...

  • Storage tech company Nutanix files for IPO Tuesday, 22 Dec 2015 | 6:04 PM ET

    SAN FRANCISCO, Dec 22- Storage startup Nutanix has filed for its long-awaited public offering, the latest indication that the IPO window is still open for some highly valued tech companies. Nutanix, based in San Jose, California, is not profitable, and for the fiscal year ending July 31, 2015 it lost more than $126.1 million. Underwriting banks include Goldman...

  • Early movers: CAG, CMG, ESRX, SCS, F, BHP & more Tuesday, 22 Dec 2015 | 7:52 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Wall Street’s drive for breakeven could stall today Tuesday, 22 Dec 2015 | 6:56 AM ET

    Futures point to a moderately lower open Tuesday, leaving the Dow and S&P 500 with little time to erase their 2015 deficits.

  • DEALS-Year of the mega deal unlikely to be repeated Monday, 21 Dec 2015 | 8:52 PM ET

    While the number of announced deals globally declined from 2014 by 2.1 percent to 39,687, deal volume rose 40.8 percent to a record $4.6 trillion, according to preliminary Thomson Reuters data, as big companies pursued their dream matches. This year's mega deals included many with long-expected operational efficiencies, such as brewer Anheuser-Busch...

  • *China outbound M&A climbs to record $102 bln in 2015. Asia-Pacific M&A totalled $1.2 trillion so far this year, up 46 percent from last year, preliminary data from Thomson Reuters showed, as China rediscovered an appetite for outbound deals after 2014' s 20 percent drop. "China is on the move, we are preparing for a busy year for deal making," said Joseph Gallagher, head...

  • FACTBOX-Job cuts across Europe's banks Monday, 21 Dec 2015 | 10:06 AM ET

    LONDON, Dec 21- Some of Europe's biggest banks have said in the last six months they plan to cut more than 130,000 jobs as they ramp up plans to cut costs, sell businesses and restructure. Earlier this month, Dutch lender Rabobank said it would cut 9,000 jobs, joining Deutsche Bank, UniCredit, Credit Suisse, HSBC and Standard Chartered to announce hefty job culls since...

  • *Europe's 10 biggest banks announced 130,000 job cuts since June. By Anjuli Davies, Sinead Cruise and Steve Slater. LONDON, Dec 21- Regulation, anaemic economic growth and technology changes will force banks across Europe to find more savings in 2016, with jobs likely to be the biggest casualty, according to investors and analysts.

  • Dec 18- Yirendai Ltd, the consumer finance arm of Chinese peer-to-peer lender CreditEase, made a tepid U.S. market debut on Friday, with its shares trading around the offer price. Yirendai's initial public offering, the last one of the year on U.S. exchanges, raised $75 million after its American Depository Shares were priced at $10 each, the midpoint of the expected...

  • *Gold set for $1,000/ oz if breaks December low- analysts. LONDON, Dec 18- Gold edged higher on Friday, recovering from its biggest daily loss in five months as stocks and the dollar retreated, but remained near multi-year lows after the U.S. Gold has tumbled 11 percent this year as investors awaited the rate rise.

  • TOKYO, Dec 17- The dollar rose against the yen and Swiss franc as the first U.S. interest rate hike in nine years coaxed investors to emerge from safe-haven currencies, but traders said hurdles- some psychological- lay in wait before any lasting gain. Following the decision, the dollar rose, shares on Wall Street soared, and the two-year Treasury yield rose to its...

  • "The markets are really hanging onto Janet Yellen's comments about a strengthening economy, particularly in big export countries like Japan, which relies on U.S. consumers to buy its goods," said Gavin Parry, managing director of Parry International Trading. Panasonic Corp gained 1.5 percent while Bridgestone Corp climbed 3.3 percent and Toyota Motor Corp...

  • *Fitch cuts Brazil to BB+ amid economic, political crisis. BRASILIA, Dec 16- Brazil lost its coveted investment-grade rating on Wednesday after Fitch became the second credit agency to downgrade the country's debt to junk status, citing concerns about an economic and political crisis threatening to topple President Dilma Rousseff. Investors barred from...

  • RIO DE JANEIRO, Dec 14- At least eight companies have contacted Brazil's state-run utility Centrais Elétricas Brasileiras SA to express interest in the planned sale of its Celg-D power distribution unit, a source with direct knowledge of negotiations told Reuters on Monday. The companies include China's State Grid Corp, Italy's Enel SpA and Brazilian...

  • LONDON, Dec 14- Royal Dutch Shell expects to slash thousands more jobs to save costs if its takeover of BG Group goes through as planned early next year following a final green light from China. The acquisition, which was announced on April 8 and is biggest in the sector in a decade, has been cleared by China's Ministry of Commerce, Shell said on Monday, after earlier...

  • NEW YORK, Dec 10- Morgan Stanley has agreed to pay $225 million to settle claims that it sold toxic mortgage-backed securities to credit unions that later failed, the National Credit Union Administration said on Thursday. Morgan Stanley did not immediately respond to a request for comment on the settlement, which resolved lawsuits in New York and Kansas.

  • Diamonds are forever; is Anglo American? Thursday, 10 Dec 2015 | 9:16 AM ET

    JOHANNESBURG/ LONDON, Dec 10- Anglo American's plans to shut or sell dozens of loss-making mines have failed to halt a dramatic slide in its share price and it may need to sacrifice stronger parts of the business or raise cash from shareholders to pay down its debt. The company, which grew from gold fields near Johannesburg to dominate diamond, platinum and, to some...

  • LONDON, Dec 10- The Swiss franc rose against the euro on Thursday after Switzerland's central bank kept interest rates on hold at record lows, defying some expectations that it might act to weaken an overvalued currency. The Swiss National Bank kept its target range for three-month Libor at between -1.25 and -0.25 percent as expected, but it said it would remain...

  • JOHANNESBURG, Dec 10- Mining and trading company Glencore has increased its debt reduction target and deepened its capital spending cuts as it fights for survival in the face of low commodity prices, sending its shares up more than 9 percent in early trade. Glencore has come under pressure from investors and credit ratings agencies to cut its net debt of $30...

  • NEW YORK, Dec 10- For the last several years, big U.S. companies have lived by an unswerving rule: buy back shares to increase returns to shareholders. The Fed is expected to raise interest rates at the end of its Dec. 15-16 meeting for the first time in nearly a decade. "A quarter of a percentage point is not going to make much of a difference," said to David Joy, chief market...