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  • NEW YORK, March 16- U.S. stocks opened higher on Monday after a 3- week losing skid for the S&P 500, as a recovery in the euro helped reassure U.S. investors who had been concerned about the impact of a robust dollar on the earnings of multinational companies.

  • LONDON, March 16- Copper dipped on Monday, pulled down by another rise of inventories, but losses were limited by a weaker dollar and comments by China's leader about the economy. "For China's premier to come out to say,' We recognize these risks and we are prepared to act to ensure that growth doesn't slow too much'-- that's exactly what the market wants to hear," said Nic...

  • Manufacturing output takes surprise dip in February Monday, 16 Mar 2015 | 9:15 AM ET

    WASHINGTON, March 16- U.S. manufacturing output fell in February for the third straight month as automobile production tumbled, pointing to slower economic growth in the first quarter. Factory production slipped 0.2 percent last month after a revised 0.3 percent decline in January, the Federal Reserve said on Monday. Auto production fell 3.0 percent last...

  • March 16- Gym operator Life Time Fitness Inc said it would be taken private by Leonard Green& Partners and TPG in a deal valued at over $4 billion. Life Time Chief Executive Bahram Akradi, who will remain in his role, will make a rollover investment of $125 million in the company's stock as part of the deal, the company said. Skadden, Arps, Slate, Meagher& Flom LLP and Faegre...

  • US STOCKS-Wall St futures rise as euro recovers Monday, 16 Mar 2015 | 9:02 AM ET

    *Empire State manufacturing data miss estimates. March 16- U.S. stock index futures were up on Monday, putting the benchmark S&P 500 on track for a rebound after three weeks of losses, as currency markets helped reassure U.S. investors concerned about how a strong dollar would hurt earnings. A recovery in the euro was reassuring investors as a rapidly rising U.S....

  • MINSK, March 16- The head of the International Monetary Fund to Belarus said on Monday he expected the Belarussian economy to contract by 2 percent in 2015 compared to the Fund's earlier forecast of 1.5 percent. The former Soviet republic's economy has been battered by a plunge in the Russian rouble and the conflict in Ukraine. The Belarussian government...

  • IMF SAYS BELARUS ECONOMY EXPECTED TO CONTRACT BY 2 PERCENT IN 2015.

  • March 16- Specialty chemical maker A. Schulman Inc said it would buy privately held Citadel Plastics Holdings Inc for $800 million to expand its specialty business that makes moldable plastics. "Their product offering... presents attractive expansion opportunities in other fast-growing sectors such as aerospace, medical, LED lighting and oil& gas," A. Schulman...

  • Foreign investors fled Russia last year, panicked by an oil price collapse, a simmering conflict on the Russia- Ukraine border and Western sanctions that effectively froze the country out of credit markets. "Usually one of the things we try and do is buy things that are beaten up- after owning no Russia last year we started buying Russia," he added.

  • BUZZ-SALIX PHARMACEUTICALS PLC: VALEANT RAISES ALL-CASH OFFER@** American drugmaker's shares up 2 pct at $173. **Canadian drugmaker Valeant Pharmaceuticals International Inc raised its offer to buy Salix to $173 from $158 in cash. **Sources told Reuters on Friday Valeant was working with its top shareholders on plans to raise its offer for Salix, sending Dublin-...

  • But in a monthly report on Monday, OPEC left its forecast for non- OPEC supply this year unchanged and said output of U.S. OPEC holds its next meeting in June and comments from OPEC officials so far suggest it will not adjust its output policy at the meeting as it waits for the strategy to take effect. In last month's report, OPEC had sharply increased the 2015 forecast...

  • March 16- Gym operator Life Time Fitness Inc said it would be taken private by Leonard Green& Partners and TPG in a deal valued over $4 billion.

  • MOSCOW, March 16- Russian Economy Minister Alexei Ulyukayev said on Monday that he expected sanctions to remain in place this year and next year. Russia has been hit by the West with several waves of sanctions for its role in the Ukraine crisis. The measures have significantly limited Russia's access to foreign capital and have cut investments in the country.

  • The DAX powered above 12,000 points for the first time and the main pan-euro zone benchmark indices hit seven-year highs, while U.S. futures pointed to a higher open on Wall Street of around 0.5 percent. Wall Street looks set to rebound from last week's fall-- the third consecutive down week for U.S. stocks-- lifted by Europe's rally. The European Central Bank last...

  • MOSCOW, March 16- Russia has changed this year's budget plans and now expects to spend 3.1 trillion roubles from the country's Reserve Fund, according to Finance Ministry data. Earlier this month the Finance Ministry had said that it expected to use 3.7 trillion roubles from the Reserve Fund this year, itself an upward revision from other recent projections.

  • *Andorra says banking system under stress. *Andorra moves to halt withdrawals from tarnished bank, BPA. MADRID, March 16- Andorran authorities have given government-appointed managers at Banca Privada d' Andorra the authority to stop fund withdrawals as the lender battles U.S. allegations it laundered money for international criminal gangs.

  • LONDON, March 16- Scientists are to test a new two-shot Ebola vaccine using an experimental shot from Britain's GlaxoSmithKline, which is already in clinical trials in Africa, and a new kind of booster from Emergent BioSolutions. The Maryland- based biotech company said on Monday its modified vaccinia Ankara Ebola Zaire vaccine would be used in an initial Phase...

  • *Graph of Israel election polls: http://link.reuters.com/zuh34w. Although Prime Minister Benjamin Netanyahu's right-wing Likud party is traditionally viewed as more pro-business, leading industrialists say a government led by the Zionist Union opposition is unlikely to pursue an anti-business agenda. Dov Moran, a leading high-tech entrepreneur and...

  • March 16- Auction house Sotheby's appointed Madison Square Garden Co Chief Executive Tad Smith its CEO, replacing William Ruprecht, its chief since 2000.. Smith will take over at Sotheby's from March 31, about a year after he joined Madison Square, the owner of New York Knicks and New York Rangers. Activist investor Marcato Capital Management LP, Sotheby's...

  • A Schulman to buy Citadel Plastics for $800 mln Monday, 16 Mar 2015 | 7:50 AM ET

    March 16- Chemical maker A Schulman Inc said it would acquire privately held Citadel Plastics Holdings Inc, a specialty plastics maker, for $800 million.