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  • The acquisition is being announced during the RSA security conference in San Francisco and expected to close later this year subject to regulatory review. IBM said it intends to retain the roughly 100 employees working at Resilient Systems, including Chief Executive Officer John Bruce, a former vice president at Symantec, and Chief Technology Officer Bruce...

  • YAHOO ESTIMATES $64- 78 MLN RESTRUCTURING CHARGES, MOSTLY IN. Feb 29- Yahoo Inc estimated that a plan to cut jobs and other restructuring moves would result in pretax charges of $64 million to $78 million, mostly in the first quarter of 2016.. Yahoo said on Feb. 2 it would reduce its workforce by 15 percent by the end of 2016 and close offices in Dubai, Mexico City, Buenos...

  • Valeant shares traded at $73.43 in New York, down $7.30 and were not far from a 52- week low of $69.34 on Nov. 18. The timing of the return of CEO Michael Pearson had been unknown after suffering from severe pneumonia, and there was speculation on Wall Street on whether he would return at all. It also said it would delay filing its quarterly results with the Securities...

  • BRUSSELS, Feb 29- Europe sought to plug a gap in a new transatlantic data pact on Monday by urging U.S. firms to allow European Union privacy regulators to police compliance with the new rules. Brussels and Washington clinched a deal earlier this month on a new data transfer framework aimed at helping firms from both blocs seamlessly shuffle data between...

  • *OPEC supply falls by 280,000 bpd to 32.37 million bpd. *For a table of OPEC output, see. LONDON, Feb 29- OPEC oil output has fallen in February from the highest monthly level in recent history, a Reuters survey found on Monday, due to a halt in Iraq's northern exports and outages in other producers.

  • Feb 29- The following table shows OPEC crude oil output in millions of barrels per day in February and January, according to a Reuters survey published on Monday. OPEC has no supply target, having at a Dec. 4 meeting scrapped its output ceiling of 30 million bpd, which it had been exceeding for months. There are no individual quotas for the OPEC member countries.

  • ARGENTINE DEBT DISPUTE MEDIATOR SAYS ALL PARTIES HOPE NECESSARY STEPS TO COMPLETE THE SETTLEMENT DEAL CAN BE DONE IN SIX WEEKS.

  • SAO PAULO, Feb 29- Most Latin American currencies strengthened on Monday after China announced fresh stimulus measures, but the Chilean peso was steady as weak economic data boosted bets that the central bank could hold rates steady for longer. Chile's industrial output fell in January, hit by weakness in mining activity as copper production slumped 13.8...

  • ARGENTINE DEBT MEDATIATOR SAYS IF THIS SETTLEMENT, ALONG WITH ALL PRIOR AGREEMENTS IS CONSUMATED, WOULD RESOLVE 85 PCT OF "PARI PASSU" AND "ME-TOO" INJUNCTIONS.

  • TORONTO, Feb 29- Canada's main stock index rose on Monday as gains in oil and precious metals prices drove energy and gold mining stocks higher, while Valeant Pharmaceuticals International weighed heavily after delaying its earnings report. The price of oil was higher after strong gains last week on increasing hopes the market has bottomed out and as OPEC...

  • ARGENTINE MEDIATOR SAYS LEAD HOLDOUT PAUL SINGER OF ELLIOTT MANAGEMENT INVOLVED INTENSELY IN NEGOTIATIONS OVER PAST SEVERAL WEEKS.

  • ARGENTINE DEBT MEDIATOR SAYS FOUR REMAINING LARGEST HOLDOUT INVESTORS' SETTLEMENT REPRESENTS 75 PCT OF THEIR FULL JUDGMENTS INCLUDING PRINCIPAL AND INTEREST.

  • *China's move seeks to revive economic growth. LONDON, Feb 29- Zinc extended its rally and copper trimmed losses on Monday after top metals consumer China cut its reserve ratio for banks in an effort to revive flagging growth. "Any sense of proactive policymaking in China towards stabilizing the economy and the exchange rate will be taken positively by commodity...

  • *Shares off lows after China cuts banks' reserve requirement. *Germany's DAX dragged lower by BASF, utilities. MILAN/ LONDON, Feb 29- European shares fell on Monday but were off earlier lows as a decision by China to resume its easing cycle partly offset disappointment over the G20 meeting failing to agree new measures to boost growth.

  • LONDON, Feb 29- Britain's financial regulator told asset managers on Monday they must review how they would cope with investors pulling out money en masse. The Bank of England and international authorities are examining whether promises by funds to give investors their money back at any time could end up damaging confidence in markets. The BoE's Financial...

  • *Shares touch seven-year low of $10.01. Feb 29- Lumber Liquidators Holdings Inc reported a bigger-than-expected drop in sales for the third straight quarter as it struggled with falling demand due to fears that some of its hardwood flooring laminates could cause cancer. Lumber Liquidators' stock and sales have been hammered since a "60 Minutes" report on CBS...

  • *China's central bank cuts reserve requirement ratio. Feb 29- Wall Street was little changed on Monday as cautious investors assessed China's move to boost its slowing economy and an increase in oil prices raised hopes that the market had bottomed out. China's central bank on Monday cut its reserve requirement ratio, or the amount of cash that banks must hold as...

  • OTTAWA, Feb 29- Canada and the European Union said on Monday they had settled their remaining disagreements over a landmark free trade treaty and expressed confidence it might come into force next year. But opponents in Canada and EU expressed concern about provisions designed to protect investors from state interference, saying they gave too much power to...

  • GENEVA, Feb 29- Volkswagen Chief Executive Matthias Mueller believes that Europe's biggest carmaker will succeed in winning back customers' trust after admitting to rigging emissions tests for millions of its cars. "We have started a lot of customer-relation programmes, I'm very convinced it will work very well," Mueller told Reuters TV ahead of the Geneva auto...

  • WASHINGTON, Feb 29- Contracts to buy previously owned U.S. homes fell to their lowest level in a year in January, likely weighed down by harsh weather and a shortage of properties for sale, a report showed on Monday. The National Association of Realtors said its pending home sales index declined 2.5 percent to 106.0, the lowest level since January of last year.