Schneider Electric News
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K+S AG, Europe’s largest potash maker, is seeking a 1 billion-euro ($1.3 billion) loan to refinance existing debt at a lower rate of interest, according to two people with knowledge of the matter.
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European stocks climbed, rebounding from a three-week low, as investors weighed data on U.S. economic growth and house sales to gauge the Federal Reserve’s view on continuing stimulus measures.
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Schneider Electric SA, the world’s biggest maker of low- and medium-voltage equipment, is raising a 1 billion-euro ($1.3 billion) credit line to refinance existing debt, three people with knowledge of the matter said.
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Latham & Watkins LLP’s Zachary Fardon was nominated by President Obama to be U.S. Attorney for the Northern District of Illinois in Chicago. He would replace Patrick Fitzgerald, who left last June and joined Skadden Arps Slate Meagher & Flom LLP.
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ABB Ltd., the world’s biggest supplier of power grids, said Chief Executive Officer Joe Hogan will step down for “private reasons” after five years at the helm of the Swiss company.
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Invensys Plc, the engineering company whose takeover discussions with Emerson Electric Co. broke down last year, is becoming more palatable for acquirers after shedding its railroad division and reducing pension liabilities.
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Spanish industrial output declined less than economists expected in March, suggesting that the recession in the euro area’s fourth-largest economy is abating.
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Schneider Electric SA, the world’s biggest maker of low- and medium-voltage equipment, reported first-quarter sales that missed analysts’ estimates, hurt by falling demand in western Europe and North America.
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Paris Marathon organizers will lay energy-harvesting tiles across the course on Sunday to ensure not all the effort expended by the race’s 40,000 runners goes to waste.
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The following is a list of companies whose shares may have unusual price changes in Paris. Stock symbols are in parentheses after company names. Share prices are from the last close.
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