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  • EveryWare Global to file for prepackaged bankruptcy Wednesday, 1 Apr 2015 | 8:49 AM ET

    April 1- EveryWare Global Inc, a marketer of tabletop and food preparation products, said it expects to file for prepackaged bankruptcy that will give its secured lenders control of the company after it emerges from the bankruptcy. EveryWare said it expects to file for a prepackaged Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware...

  • MOSCOW, April 1- Russia's Economy Ministry expects that the country's economy will shrink by 3 percent this year and grow by 2.3 percent next year, Economy Minister Alexei Ulyukayev said on Wednesday. The forecasts, which are used for budget planning, are based on the assumption that the oil price will average $50 per barrel this year, rising to $60 next year and $80...

  • April 1- NuVasive Inc said Chief Executive Office Alex Lukianov resigned after an independent investigation showed he had not complied with the medical device maker's expense reimbursement and personnel policies. The company said the amounts involved were not material to financial results. NuVasive also appointed board member Greg Lucier as interim CEO.

  • Morgan Stanley said 62 percent of investors polled at its European financial industry conference said the negatives of having a global banking business outweighed the benefits as regulations had "become overbearing" for the largest firms. "We found it striking that some management teams are seeking to make their businesses simpler, and we believe investors...

  • US STOCKS-Futures point to lower open after ADP report Wednesday, 1 Apr 2015 | 8:39 AM ET

    NEW YORK, April 1- U.S. stock index futures pointed to a lower open on Wednesday as a weaker-than-expected report on private sector employment raised concerns that Friday's impending jobs report could also point to worsening conditions in the labor market. "The correlation between ADP and the payroll report isn't terribly strong, but given the size of the miss,...

  • Simon Property withdraws offer to buy Macerich Wednesday, 1 Apr 2015 | 8:36 AM ET

    April 1- Simon Property Group Inc scrapped its attempt to buy Macerich Co after the smaller shopping mall owner rejected its sweetened offer of $23.2 billion including debt. Simon Property raised its offer for Macerich last month to $95.50 per share from $91.00. "Our Board carefully reviewed Simon Property Group's revised proposal and concluded that it does...

  • Uber files complaints against German and Spanish bans Wednesday, 1 Apr 2015 | 8:35 AM ET

    BRUSSELS, April 1- Uber has filed complaints with Brussels against Spain and Germany over their bans on the mobile phone taxi-hailing service, ramping up the U.S. company's battle against legal challenges across Europe. A spokesman for the company said it had filed a similar complaint against Spain on Monday. "We have received two complaints against France and...

  • MOSCOW, April 1- Russia's largest automaker Avtovaz said on Wednesday that Lada sales in March reached 27,423 units, up 16 percent from the month before. Avtovaz President Bo Andersson said the company would sell between 325,000 and 350,000 cars this year, down from 387,307 in 2014, Interfax news agency reported. Russian auto sales have faltered as economic...

  • DETROIT, April 1- Fiat Chrysler Automobiles on Wednesday said U.S. vehicle sales rose 2 percent in March, meeting analysts' expectations. That higher confidence was reflected in higher vehicle transaction prices, according to TrueCar Inc. The online consumer marketplace estimated the average price of a new vehicle in March rose to $32,201, up 2.1 percent from a...

  • METALS-Nickel bounces off near six-year low, tin slides Wednesday, 1 Apr 2015 | 8:24 AM ET

    *China official PMI edges up to 50.1 in March. *China bonded nickel premiums jump $15 on bargain hunting. LONDON, April 1- Nickel bounced off its lowest level in nearly six years on Wednesday as some investors betting on price falls locked in profits, but concerns about Chinese economic growth weighed on most base metals.

  • Sears shares rose 7 percent at $44.22 in premarket trading on Wednesday. Billionaire Chief Executive Eddie Lampert, who controls nearly half of Sears, has launched a series of unusual transactions, cut costs and sold assets to turn around the company, which has posted losses for the last 11 quarters. Sears owned or leased 1,725 Sears and Kmart stores as of Jan. 31.

  • April 1- CNX Coal Resources LP, Consol Energy Inc's thermal coal business formed as a master limited partnership, filed for an initial public offering with U.S. regulators on Wednesday, as Consol shifts focus to boosting natural gas production. Coal miners have been weighed down by a switch by U.S. utilities to cheaper natural gas from power-generating coal, and...

  • MOSCOW, April 1- Russian energy company Rosneft raised 100 billion roubles in short-term floating rate loans from Russian banks in January-February of this year, Interfax news agency reported on Wednesday.

  • BERLIN, April 1- Germany will wait for investigations into last week's airliner crash to be completed and could then decide to make changes to air safety rules, a spokeswoman for the transport ministry said on Wednesday. "We will wait for the findings resulting from this horrible accident and then decide whether changes are necessary. She was responding to a...

  • Consol Energy's thermal coal unit files for IPO Wednesday, 1 Apr 2015 | 7:29 AM ET

    April 1- CNX Coal Resources LP, Consol Energy Inc's thermal coal business formed as a master limited partnership, filed for an initial public offering with U.S. regulators on Wednesday. The filing had a nominal fundraising target of $250 million. The amount of money a company says it plans to raise in its first IPO filings is used to calculate registration fees.

  • RUSSIA'S AVTOVAZ SAYS LADA SALES REACH 27,423 IN MARCH, UP 16 PERCENT FROM FEBRUARY, 26 PERCENT LOWER THAN YEAR AGO LEVEL.

  • UPDATE 1-Germany sets very high bar for fracking Wednesday, 1 Apr 2015 | 7:26 AM ET

    *Opposition to fracking strong in Germany. Opposition is strong in densely populated Germany due to concerns about the risk of contaminating drinking water. Environment Minister Barbara Hendricks said the new law would set Germany's strictest conditions for fracking.

  • BAKU, April 1- The head of Azerbaijan's central bank said on Wednesday the bank was moving towards a managed float of the manat currency as it was not yet ready to move to a fully flexible rate. Rustamov said the bank had sold more than $1 billion since Feb. 21 from reserves following the manat's devaluation. The bank spent $1 billion of reserves to prop up the currency...

  • LONDON, April 1- British economic productivity fell in the last three months of 2014 and remains well below its pre-financial crisis level, underscoring the challenge of making the country's recovery sustainable in the long term. Productivity has been very weak since the crisis as output as grown far more slowly than employment, in contrast to most other big...

  • MOSCOW, April 1- The Russian Finance Ministry sold 4.68 billion roubles in 5- year OFZ treasury bonds at an average yield of 13.51 percent, Reuters data showed on Wednesday.