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  • July 25- Canadian organic food company SunOpta Inc, already under pressure from U.S. hedge fund Tourbillon Capital Partners LP, is being prodded by a second activist shareholder to explore the sale of all or part of the company, according to sources familiar with the matter. Canadian hedge fund West Face Capital, which pushed SNC-Lavalin to sell its AltaLink...

  • Active Ownership Capital, which controls a stake of around 7 percent in Stada, wants to oust chairman Martin Abend and install international pharmaceutical experts at the company's annual general meeting on Aug. 26. In a statement on Monday, Active Ownership said it opposed current members Martin Abend, Carl Ferdinand Oetker and two prospective new members,...

  • July 25- Wal-Mart Stores Inc's former chief financial officer, Charles Holley, will join Deloitte LLP, the U.S. arm of Deloitte Touche Tohmasu Ltd as an independent senior adviser, the auditing firm said on Monday. Holley, who served as the CFO of Wal-Mart, the world's largest retailer, from December 2010 to January 2016, will join Deloitte's' U.S.

  • NEW YORK, July 25- Demand at the latest U.S. two-year Treasury note auction on Monday was the weakest since December 2008 during the height of the global credit crisis as investors held off making bids ahead of the Federal Reserve's upcoming policy meeting. The Treasury Department will sell $34 billion of five-year notes on Tuesday and $28 billion seven-year...

  • July 25- The Force is with the U.S. toy industry this year. Demand for Star Wars merchandise is set to propel toy sales growth to a 17 year-high, according to industry research firm The NPD Group. "Star Wars is already at $300 million for the year," U.S. toys industry analyst Juli Lennett wrote in the report.

  • VANCOUVER, July 25- British Columbia introduced a new property transfer tax on Monday requiring foreign nationals and foreign-controlled corporations that buy residential real estate in the Metro Vancouver area to pay an extra 15 percent transfer tax rate. The move is part of a suite of new measures aimed at increasing affordability in the city's red-hot...

  • *Fed begins two-day meeting on Tuesday. July 25- U.S. stocks fell from record highs on Monday as oil weighed on energy shares and investors awaited an avalanche of quarterly reports. The negative start to the week, which includes earnings from 190 S&P 500 companies as well as a Federal Reserve policy meeting, put the brakes on a 9 percent rally that started on June 27.

  • July 25- Canadian organic food company SunOpta Inc, already under pressure from U.S. hedge fund Tourbillon Capital Partners LP, is being prodded by a second activist shareholder to explore the sale of all or part of the company, according to sources familiar with the matter. Canadian hedge fund West Face Capital, which pushed SNC-Lavalin to sell its AltaLink...

  • SUNOPTA INC RECEIVES INTEREST FROM PRIVATE EQUITY FIRMS- SOURCES.

  • CANADIAN HEDGE FUND WEST FACE MAY ALSO PRESS FOR CORPORATE GOVERNANCE CHANGES AT SUNOPTA- SOURCES.

  • SUNOPTA INC URGED BY SECOND ACTIVIST SHAREHOLDER, WEST FACE CAPITAL, TO SELL FIRM OR UNITS- SOURCES.

  • NEW YORK/ LONDON, July 25- Gold pared losses on Monday as the dollar and world stock markets turned lower ahead of central bank meetings in the United States and Japan. The world's major economies pledged at a G20 meeting over the weekend, dominated by Britain's vote last month to leave the European Union, to use all policy tools available to boost growth.

  • July 25- An oil leak from a Husky Energy Inc pipeline into a major Canadian river has forced a second city in the province of Saskatchewan to stop drawing drinking water, officials said on Monday, widening the impact and cost of the spill. The heavy oil and diluent leaked from Husky's Saskatchewan Gathering System pipeline on Thursday, flowing into the North...

  • WASHINGTON— Britain's decision to quit the European Union has elevated the risks to U.S. financial stability, though they remain moderate, U.S. Treasury Department experts say. The report issued Monday by Treasury's Office of Financial Research comes a day after global finance officials promised to protect the world economy from the shockwaves of Britain's "...

  • NEW YORK, July 25- A Long Island banana importer serving prison terms for engaging in a cocaine distribution scheme and beating his girlfriend was sentenced on Monday to another 5-1/ 2 years in custody for stealing from his employees' retirement plan. District Judge Paul Engelmayer in Manhattan following his conviction in March on charges including pension...

  • Active Ownership Capital, which controls a stake of around 7 percent in Stada, wants to oust chairman Martin Abend and install international pharmaceutical experts at the company's annual general meeting on August 26.

  • Cliff Burrows, head of Starbucks' U.S.-dominated Americas business for eight years, will lead a new group called Siren Retail. John Culver, a 14- year Starbucks veteran, will become group president for global retail, with responsibility for Starbucks retail sales around the world. Culver had been group president for Starbucks China and Asia-Pacific, channel...

  • WASHINGTON, July 25- The U.S. financial system faces greater potential instability due to Britain's decision to leave the European Union while low and negative interest rates also raise risks, a U.S. government monitor said on Monday. In its biannual update on U.S. stability, the Office of Financial Research said overall risks "remain in the medium range but have...

  • SAO PAULO, July 25- Aurelius Capital Management LP has contacted bondholders in Oi SA's Netherlands- based units to challenge the basis of a prior restructuring accord that substantially lowered the recovery value of their bonds, seeking to gain clout in Brazil's biggest-ever bankruptcy reorganization. New York- based Aurelius, a distressed debt investment...

  • And you have the specter of turnaround season not too far in the horizon, " Robert Yawger, senior vice president of energy futures at Mizuho Securities USA said. U.S. crude was down $1.05 at $43.14 a barrel by 1:50 p.m. EST, after touching a three-month low of $42.97. Brent crude futures were down 95 cents at $44.74 a barrel, after hitting their lowest since May 10 at...