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  • Aug 14- Puerto Rico's electric power authority PREPA struck a deal with bondholders on Thursday to develop a restructuring plan to revive the debt-stricken utility as it got an extension of vital lines of credit it uses to buy oil. :Puerto Rico's highway, water and electricity authorities hold about $20 billion in bonds.

  • SYDNEY, Aug 15- London copper was flat in early trade on Friday but still set for its biggest weekly loss since March, as a weakening in the European and Chinese economies sparked concerns over global growth and tarnished the outlook for metals demand.

  • NEW YORK, Aug 14- Activist investor Carl Icahn reported a 6.6 percent stake in Gannett Co Thursday and revealed that he planned to push the media company to split into separate print and broadcast firms before Gannett beat him to it, a regulatory filing showed.

  • SINGAPORE, Aug 15- Gold traded firmly above $1,300 an ounce on Friday and looked poised for a second-straight weekly gain as sluggish global economic data and geopolitical tensions boosted the metal's safe-haven appeal.

  • SAO PAULO, Aug 14- Brazilian homebuilder MRV Engenharia e Participacoes SA beat profit expectations for the second quarter as demand for low-income housing remained robust while the negative impact from older, less profitable projects diminished.

  • *U.S. crude had edged down 4 cents to $95.54 a barrel by 0011 GMT, after settling down $2.01 at $95.58 in the previous session- the lowest close since Jan. 21 at $94.99.

  • BOSTON, Aug 14- Billionaire investor William Ackman, who often says he is flattered when others follow him into a stock he likes, was joined by several prominent hedge funds that made new bets on takeover target Allergan Inc during the second quarter.

  • Euro zone bond yields dropped to record lows after Germany reported its economy unexpectedly shrank in the second quarter, raising expectations of more European Central Bank easing measures.

  • Aug 14- The Detroit City Council on Thursday approved four bond issues to raise cash to pay settlements with some city creditors, according to the city clerk's office, offering a glimpse at how Detroit intends to finance its exit from the biggest-ever municipal bankruptcy.

  • *Writes down entire Ukraine goodwill, sees big 2014 loss. BUDAPEST, Aug 15- Hungary's OTP Bank on Friday posted a second-quarter net loss of 153.15 billion forints, its deepest quarterly loss on record, as provisioning for losses at home and in Ukraine caused the bank to sink deep into the red.

  • Ebola toll much higher than first thought: WHO Thursday, 14 Aug 2014 | 8:13 PM ET

    Staff with the World Health Organization battling an Ebola outbreak in West Africa see evidence the numbers of reported cases and deaths vastly underestimates the scale of the outbreak.

  • Aug 14- Pershing Square Capital Management LP, the hedge fund firm run by William Ackman, has sued the U.S. government, claiming that its stripping of Fannie Mae's and Freddie Mac's profit illegally short changes investors in the mortgage companies' common stock.

  • NEW YORK, Aug 14- Coca-Cola Co said Thursday it is making a cash payment of $2.15 billion for a 16.7 percent stake in Monster Beverage Corp as the world's largest soda maker seeks to expand into faster-growing categories such as energy drinks.

  • SAO PAULO, Aug 14- Brazilian juice maker Cutrale and the Safra Group, a banking and real estate conglomerate, said late on Thursday they were "extremely disappointed" that the board of Chiquita Brands International Inc rejected their takeover offer, adding that they are "considering all alternatives."

  • *Guinea declares health emergency over virus. CONAKRY, Aug 14- Staff with the World Health Organization battling an Ebola outbreak in West Africa see evidence the numbers of reported cases and deaths vastly underestimates the scale of the outbreak, the U.N. agency said on its website on Thursday.

  • Aug 14- U.S. supermarket chain Supervalu Inc is investigating a potential data breach that could have affected more than 1,000 of its stores, the Wall Street Journal reported on Thursday, citing people with knowledge of the matter. Supervalu had 3,763 stores as of April, according to a regulatory filing. Supervalu was not immediately available for comment.

  • Samsung buys home-automation startup SmartThings Thursday, 14 Aug 2014 | 7:52 PM ET

    SAN FRANCISCO, Aug 14- Samsung Electronics Co Ltd will buy SmartThings, a startup backed by PayPal co-founder Max Levchin that helps connect household devices, one of its largest U.S.-startup acquisitions to date.

  • SYDNEY, Aug 15- The euro steadied early on Friday, brushing aside soft euro zone inflation and disappointing growth data that kept alive prospects of more stimulus from the European Central Bank. The common currency was little changed at $1.3363, having recovered from a brief dip to $1.3348.

  • SAN FRANCISCO, Aug 14- A group of ex-gaming industry executives say they can use their design chops to solve a major health challenge: Sick patients neglecting to take their medication and costing employers and insurance providers billions of dollars.

  • NEW YORK, Aug 14- Puerto Rico's electric power authority, known as PREPA, will pay an interest rate of alternate base rate plus 4 percent under credit agreements with Scotiabank and Citibank, the utility said in a filing on Thursday. PREPA disclosed the rate in a filing on a site of the Municipal Securities Rulemaking Board.