Amaranth to liquidate remaining positions
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Amaranth Advisors LLC, the hedge fund  manager which lost billions of dollars in energy trades, will  suspend redemptions and liquidate its remaining positions, the  company said in a letter made available to Reuters on Friday.
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Management resignations seen as necessary by those wanting to sell or break apart the biopharma.
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Diageo is looking to sell part of its stake in General Mills Inc. The drinks giant announced yesterday (4 October) that it plans to sell around 33.
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The company has decided to leave the public markets.
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Failed US energy giant Enron is given permission by a federal judge to sell off its last remaining asset - its natural gas pipelines.
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Citigroup Inc. C.N is in talks to   buy the non-energy related assets of Amaranth Advisors LLC, the   hedge fund manager that disclosed billions of dollars in losses   in energy trades, a person close to the situation said on   Wednesday.
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Hanesbrands Inc. HBI.N said on   Wednesday it would close some plants in Mexico and the United   States, cutting more than 2,000 jobs, as part of its plan to   reduce costs and streamline manufacturing operations.
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Amaranth Advisors, the US hedge fund that lost about $6bn betting on gas prices, seeks help as it liquidates its remaining assets.
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Company is considering a gradual exit from processor sales.
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San Diego CountyÂs pension fundÂs investments included Amaranth Advisors, the hedge fund that announced Monday it had suffered big losses in natural gas trading.
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Government's controversial defence export services organisation is to be disbanded.
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Cadbury Schweppes Plc , the world's largest confectionery group, plans to cut 7,500 jobs and close around nine plants as it seeks to catch up with the profitability of U.S. rivals after the sale of its drinks arm.
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Aluminum producer Alcoa Inc.  on Tuesday announced a restructuring of its product operations that will include plant closings and could ultimately result in a 10 percent reduction of its worldwide work force.
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Tell that to Leeds-based Arla Foods whose shares slipped by four per cent yesterday after supermarket giant Sainsbury&#39;s announced that it would no longer be among its milk suppliers.
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Eli Lilly and Co. said Thursday it will eliminate 575 jobs to streamline operations and become more competitive. The employees in those positions, mostly sales and support jobs, will be given the choice of
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Cadbury Schweppes Plc , the world's largest confectionery group, plans to cut 7,500 jobs and close around ten plants as it seeks to catch up with the profitability of U.S. rivals after the sale of its drinks arm.
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Amaranth Advisors is said to have sold its book of energy trades to J. P. Morgan and the Citadel Investment Group.