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Tuesday, November 25, 2014

REFILE-Twitter in talks to purchase Bieber-backed selfie app Shots-CNBC, (NYSE: TWTR)

Twitter Inc is in talks to purchase Shots, a selfie photo-sharing app, CNBC reported, citing a source close to the Justin Bieber-backed company.The microblogging website is particularly interested in the app's more than 3 million users, nearly two-thirds of whom are women under 24, CNBC said. (cnb.cx/1AQ7U34)A Twitter spokesperson said the company does not comment on rumor and speculation. Shots could not be reached immediately for comment.

Twitter, Inc. (Twitter) is a global platform for public self-expression and conversation in real time. Shares of TWTR fell by 1.07% or $-0.43/share to $39.76. In the past year, the shares have traded as low as $29.51 and as high as $74.73. On average, 27693700 shares of TWTR exchange hands on a given day and today's volume is recorded at 16136617.



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C&J Energy to appeal decision to hold up Nabors unit deal, (NYSE: CJES), (NYSE: NBR)

Oilfield services provider C&J Energy Services Inc said it plans to appeal a Delaware court ruling that requires it to solicit offers from other buyers for 30 days before it can merge with a unit of bigger rival Nabors Industries Ltd.C&J Energy's shares were up 5.2 percent, while those of Nabors were down 1.8 percent in premarket trading.Nabors said in June it would merge its completion and production business with C&J Energy Services and receive $2.86 billion in cash and stock."We intend to immediately appeal to the Delaware Supreme Court on an expedited basis," C&J Energy Chief Executive Josh Comstock said in a statement.

C&J Energy Services, Inc. is a provider of hydraulic fracturing, coiled tubing, wireline and other complementary services with a focus on complex, technically demanding well completions. Shares of CJES traded higher by 2.45% or $0.465/share to $19.48. In the past year, the shares have traded as low as $16.66 and as high as $34.93. On average, 1660200 shares of CJES exchange hands on a given day and today's volume is recorded at 133755.

Nabors Industries Ltd. (Nabors) is the land drilling contractor and land well-servicing and workover contractors in the United States and Canada. Shares of NBR traded higher by 0.06% or $0.01/share to $16.41. In the past year, the shares have traded as low as $15.32 and as high as $30.24. On average, 7263140 shares of NBR exchange hands on a given day and today's volume is recorded at 202476.



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Carlyle to purchase tyre firm stake in maiden South Africa deal - source, (NASDAQ: CG)

U.S. private equity firm Carlyle Group LP has agreed to acquire a stake in South African tyre dealer Tiger Wheel & Tyre, according to a person familiar with matter, marking its first deal in Africa's most developed economy.Private equity firms are targeting sub-Saharan Africa to gain exposure to fast-growing economies and rising consumer spending. Until now, Carlyle has focused its nearly $700 million Africa fund elsewhere on the continent.The investment in South Africa would mark an endorsement of Africa's most advanced economy by foreign investors, even as it has been hampered by slowing growth and labour strife.Carlyle, together with insurer Old Mutual Plc , will acquire the stake from South Africa's Ethos Private Equity, said the source, who declined to be identified because the information is not yet public.

Shares of CG fell by 1.14% or $-0.34/share to $29.46. In the past year, the shares have traded as low as $26.34 and as high as $39.38. On average, 430749 shares of CG exchange hands on a given day and today's volume is recorded at 618768.



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BRIEF-Cheops Technology France launches jointly developed Connect2Cloud, (NYSE: RHT)

Cheops Technology France SA : * Launches Connect2Cloud solution together with HP, Red Hat, Cloudwatt and Prologue

Red Hat, Inc. (Red Hat) is a global provider of open source software solutions, using a community-powered approach to develop and offer operating system, middleware, virtualization, storage and cloud technologies. Shares of RHT traded higher by 0.14% or $0.09/share to $62.34. In the past year, the shares have traded as low as $45.45 and as high as $63.69. On average, 1798920 shares of RHT exchange hands on a given day and today's volume is recorded at 1014690.



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Carlyle to purchase tyre firm stake in maiden South Africa deal - source, (NASDAQ: CG)

U.S. private equity firm Carlyle Group LP has agreed to acquire a stake in South African tyre dealer Tiger Wheel & Tyre, according to a person familiar with matter, marking its first deal in Africa's most developed economy. Carlyle, together with insurer Old Mutual Plc , will acquire the stake from South Africa's Ethos Private Equity, said the source, who declined to be identified because the information is not yet public.Carlyle declined to comment. No one was immediately reachable for comment at Old Mutual or Ethos. It was not immediately clear whether the deal had received approval from South African competition regulators.Tiger Wheel & Tyre sells and fits replacement tyres across South Africa and has a presence in Namibia, Botswana and Mozambique. The deal values it at an enterprise value of around 1.75 billion rand ($158 million), the source said.Private equity firms are targeting sub-Saharan Africa to capture fast-growing economies and rising consumer spending. On Monday, Nigeria's Diamond Bank said Carlyle had invested $147 million in it.

Shares of CG fell by 1.14% or $-0.34/share to $29.46. In the past year, the shares have traded as low as $26.34 and as high as $39.38. On average, 430749 shares of CG exchange hands on a given day and today's volume is recorded at 618768.



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Bayer resumes efforts to sell diabetes device unit - sources, (NYSE: SNY)

German drugmaker Bayer AG is considering a fresh attempt to sell its diabetes device business as it sharpens its focus on margin-rich healthcare sectors, two people familiar with the matter told Reuters on Tuesday.Bayer is overhauling its structure with plans to list its plastics business on the stock market to free up money for investments and acquisitions in healthcare, veterinary drugs and crop protection products.It already tried to find a buyer for the Contour blood glucose metre business, which has annual sales of 722 million euros ($897 mln), in 2012 as the industry grappled with increased competition and reimbursement pressure.But it failed to generate sufficient interest from potential bidders such as French drugmaker Sanofi, sources said at the time.

Sanofi, formerly Sanofi-Aventis is a global and diversified healthcare company. Shares of SNY traded higher by 0.34% or $0.16/share to $47.31. In the past year, the shares have traded as low as $44.50 and as high as $57.42. On average, 2133150 shares of SNY exchange hands on a given day and today's volume is recorded at 2004754.



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