Reuters: Company News 9 April 2018

Bankrupt store chain Bon-Ton gets acquisition offer

April 9 (Reuters) - Bon-Ton Stores Inc said on Monday it received an acquisition offer from an investor group, two months after the department store chain filed for bankruptcy protection.

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U.S stock futures rise 1 pct, Asian shares bounce after Xi's speech

SINGAPORE, April 10 (Reuters) - U.S. stock futures extended their gains and rose more than 1 percent in Asian hours on Tuesday as remarks by Chinese President Xi Jinping helped soothe investor jitters over U.S.-China trade tensions.

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Nikkei edges higher as index-heavy stocks' gains offset trade worries

TOKYO, April 10 (Reuters) - Japan's Nikkei share average edged higher on Tuesday morning in choppy trade as gains in some index-heavy stocks such as robot maker Fanuc offset worries about a potential trade conflict between the United States and China.

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Facebook's Zuckerberg faces Senate hearing but little hope for action

WASHINGTON, April 9 (Reuters) - Facebook Chief Executive Mark Zuckerberg's No. 1 mission during his appearance before U.S. lawmakers on Tuesday and Wednesday will be to defend against calls to regulate internet-based companies.

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METALS-Shanghai aluminium hits 5-week high; Xi speech in focus

BEIJING, April 10 (Reuters) - Shanghai aluminium prices touched their highest in five weeks on Tuesday, pulled higher by U.S. sanctions on Russian producer United Company Rusal , as most base metals rose ahead of a key speech by Chinese President Xi Jinping. China, the world's biggest aluminium producer, imported only 14,631 tonnes of primary aluminium from Russia in 2017, according to Chinese customs data, although Russia was still its top supplier of the metal. Xi is addressing t

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BRIEF-Bon Ton Stores Receives Letter Of Intent From DW Partners, Namdar Realty And Washington Prime Group

* BON-TON STORES, INC. RECEIVES SIGNED LETTER OF INTENT FROM DW PARTNERS, NAMDAR REALTY GROUP AND WASHINGTON PRIME GROUP

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PRECIOUS-Gold prices edge up as dollar, Asian stocks ease

BENGALURU, April 10 (Reuters) - Gold prices ticked up in early Asian trade on Tuesday as the dollar and Asian stocks slipped, while concerns about the prospect of an escalation in the China-U.S. trade spat and reports of a poison gas attack in Syria offered support as well. FUNDAMENTALS * Spot gold rose for a third straight session and was 0.1 percent higher at $1,337.11 an ounce as of 0045 GMT. U.S. gold futures were steady at $1,340.60 an ounce. * Asian sha

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GLOBAL MARKETS-Asian shares pressured as Wall St ends off highs, focus on Xi speech

SINGAPORE, April 10 (Reuters) - Asian shares edged lower on Tuesday as Wall Street retreated from its highs after the FBI raided the offices of U.S. President Donald Trump's long time lawyer, dampening risk appetite already under strain from an escalating U.S.-China trade spat.

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NTSB chairman, Tesla CEO talk after fatal 'Autopilot' crash

April 9 (Reuters) - The chairman of the National Transportation Safety Board and Tesla Inc Chief Executive Elon Musk had a "constructive conversation" on the agency's probe into a fatal crash involving a Tesla vehicle that was operating in semi-autonomous Autopilot mode, the agency said on Monday.

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SEC ends probe into Puerto Rico's $3.5 bln 2014 bond issuance - sources

NEW YORK, April 9 (Reuters) - The U.S. Securities and Exchange Commission has dropped a probe into whether former Puerto Rican officials misled investors when they sold $3.5 billion of general obligation bonds in March 2014, according to two sources with direct knowledge of the matter.

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