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  • SUPPORTERS OF KEYSTONE PIPELINE FAILED TO GET THE 60 VOTES NEEDED TO PASS THE MEASURE; FINAL TALLY 59 VOTES IN FAVOR, 41 AGAINST.

  • NEW YORK, Nov 18- Buyout firms KKR& Co LP and Clayton, Dubilier& Rice LLC have teamed up to take PetSmart Inc private for more than $7.5 billion, people familiar with the matter said on Tuesday, as the auction for the pet food retailer heats up. KKR and CD&R are planning to submit a joint bid for PetSmart next month, the people said. PetSmart shares traded up 2.2 percent on...

  • *U.S. SENATE FAILS TO PASS KEYSTONE XL PIPELINE BILL Tuesday, 18 Nov 2014 | 6:17 PM ET
  • Nov 18- Real estate company Paramount Group Inc said its initial public offering was priced at $17.50 per share, valuing the company at about $4.27 billion. The IPO of 131 million shares raised about $2.29 billion. The offering was priced at the midpoint of the expected price range of $16- $19.

  • SYDNEY, Nov 19- James Hardie Industries PLC, the world's biggest fiber cement products maker, on Wednesday posted a sharp increase in second-quarter net operating profit, despite a slower-than-expected recovery in the U.S. housing sector. James Hardie, which generates two-thirds of its revenue in Europe and the United States, warned of short-term U.S....

  • Australian exports to China still face hurdles Tuesday, 18 Nov 2014 | 6:14 PM ET

    A trade deal signed with great fanfare between China and Australia may not provide Australia with the economic boost that many anticipate.

  • The White House last week announced Antonio Weiss, a top official at investment bank Lazard, as Obama's choice to be the Treasury's under secretary for domestic finance. An aide to Senator Dick Durbin, the No. 2 Senate Democrat, said the lawmaker opposes Weiss because of Lazard's work advising on recent high-profile inversions. Congress is only in session for a...

  • Netflix to launch in Australia, New Zealand in March Tuesday, 18 Nov 2014 | 6:11 PM ET

    Nov 18- Video streaming service provider Netflix Inc said it would expand into Australia and New Zealand in March. Netflix, which will offer original shows such as "Marco Polo" and "BoJack Horseman", said details on pricing, programming and supported devices would be available later. With more than a quarter of its 53 million customers outside the United States in...

  • WASHINGTON, Nov 18- The U.S. auto safety regulator on Tuesday announced it has called on Japanese supplier Takata and automakers to expand nationwide their previously regional recall of flawed air bags. National Highway Traffic Safety Administration Deputy Administrator David Friedman told reporters on Tuesday that Takata has so far expressed an "...

  • Nov 18- The estimated average cost of developing an approved new drug has more than doubled to more than $2.5 billion from a 2003 estimate by Tufts University, but critics questioned the figure and noted the school's strong financial ties to the pharmaceutical industry. The Tufts Center for the Study of Drug Development, located in Boston, in 2003 estimated the...

  • TORONTO, Nov 18- Barrick Gold Corp named mining industry veteran Shaun Usmar as its chief financial officer designate on Tuesday, marking the latest shake-up at the gold miner. The Toronto- based gold mining giant has in the last three months let go of at least three other top executives, including its chief executive, the head of legal counsel, along with its head of...

  • Nov 18- Microsoft Corp issued an emergency software update to fix a security glitch that affects domain privileges in all supported versions of Windows. The vulnerability could allow an attacker to upgrade unprivileged domain user account privileges to those of a domain administrator account. Microsoft said it was aware of limited, targeted attacks that...

  • LONDON/ NEW YORK, Nov 18- Deutsche Bank on Tuesday priced US $1.5 billion of bonds that convert into equity, fortifying its capital strength and its leverage ratio in particular. It was sized at the upper end of the US $1 billion to US $1.5 billion range flagged to investors. Of the rest, around 25% was sold into Asia and the rest into Europe.

  • Nov 18- A Swiss banker charged in the United States last year with helping wealthy Americans avoid taxes said in a court filing on Tuesday that he wanted to fight the charges and asked a federal judge to consider his application for bail before he traveled to the United States. Stefan Buck, who remains in Switzerland and was head of private banking at Zurich- based...

  • FOREX-Yen on defensive ahead of BOJ, euro holds gains Tuesday, 18 Nov 2014 | 5:52 PM ET

    SYDNEY, Nov 19- The yen hovered at multiyear lows against the dollar and euro early on Wednesday as the market cautiously waited to see what the Bank of Japan would say about the country's slide into recession. The dollar fetched 116.84 yen, having climbed as far as 117.065 overnight, a high not seen since Oct. 2007. The Japanese currency has been on the backfoot after...

  • Nov 18- Apparel retailer Perry Ellis International Inc's shareholders, Legion Partners LLC and the California State Teachers' Retirement System, have urged the company to explore strategic alternatives. Legion Partners said it released the letter, sent on Oct. 16, as the Perry Ellis board refused to form a special committee. Doral, Florida- based Perry Ellis...

  • NEW YORK, Nov 18- Several high-profile U.S. investors said on Tuesday that various parts of Latin America could outperform in the next year, but the region's largest economy, Brazil, could lag in 2015.. The sovereigns have certainly proven that, "said Luz Padilla, DoubleLine Capital's director of emerging markets fixed income, at the Reuters Global Investment...

  • NHTSA DEPUTY ADMINISTRATOR SAYS TAKATA EXPRESSED "AN UNWILLINGNESS TO MOVE FORWARD" ON A NATIONAL RECALL.

  • SYDNEY, Nov 19- Australian explosives maker Orica Ltd said on Wednesday it had agreed to sell its chemicals business to funds advised by U.S. private equity firm Blackstone Group LP for A $750 million. Orica also reported a 2 percent increase in full-year statutory net profit to A $602.5 million, from A $592.5 million, and said that volatility and uncertainty in...

  • Nov 18- Wells Fargo& Co has agreed to pay $7.4 million to settle a class action claim that it unlawfully made brokers who left the firm forfeit bonuses that were deferred as part of their retirement plans, court documents show. The brokers, who said they had earned the bonuses by meeting performance goals set by Wells, alleged the forfeiture requirement violated...