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Yogurt maker Chobani rejects PepsiCo's offer for stake in company

Feb 5- Greek-yogurt maker Chobani LLC, founded by billionaire Hamdi Ulukaya, said on Friday it had rejected offers from beverage giant PepsiCo Inc and other investors. Chobani worked with Goldman Sachs Group Inc to explore the sale after being approached by several parties in 2015.. The decision to reject the offer was due in part to the terms, Chobani said in an...
Source: Reuters
UPDATE 1-U.S. aluminum fabricator denies rumors of raid at facility

NEW YORK, Feb 5- A U.S. aluminum fabricator said its New Jersey warehouse had not been raided by police, dispelling rumors that swept the market this week as U.S. regulators mull whether to probe allegations of dumping by a Chinese company it has been linked to. "We have received inquiries from our customers and others, about rumored police activity," Delair, New Jersey-...
Source: Reuters | By: Luc Cohen
UPDATE 4-LinkedIn sheds $11 bln in value on stock's worst day since debut

Feb 5- LinkedIn Corp's shares closed down 43.6 percent on Friday, wiping out nearly $11 billion of market value, after the social network for professionals shocked Wall Street with a revenue forecast that fell far short of expectations. The rout in the stock cost LinkedIn chairman Reid Hoffman about $1.2 billion based on his 11.1 percent stake in the company he...
Source: Reuters | By: Supantha Mukherjee and Anya George Tharakan
Tilton's Patriarch to become family office, steps aside from Zohar

NEW YORK, Feb 5- Wall Street financier Lynn Tilton on Friday said her firm Patriarch Partners LLC will become a "family office" and will step down as collateral manager of three investment pools that helped fund her portfolio of troubled companies. That effort came two days after the CLO defaulted on some notes, forcing MBIA to make a $149 million payment.
Source: Reuters | By: Jonathan Stempel
Health savings accounts keep nest eggs in shape

Health savings accounts can be a smart choice for stealth retirement savings. Advisors discuss how to decide if they're a smart fit for a portfolio.
Source: CNBC.com | By: Kelli B. Grant
UPDATE 3-LinkedIn shares dive more than 40 pct, $11 bln wiped out

Feb 5- LinkedIn Corp's shares plunged as much as 43 percent on Friday, wiping out nearly $11 billion of market value, after the social network for professionals shocked Wall Street with a revenue forecast that fell far short of expectations. Raymond James, Cowen and Co, BMO Capital Markets, J.P. Morgan Securities, RBC Capital Markets and Suntrust Robinson also...
Source: Reuters | By: Supantha Mukherjee and Anya George Tharakan
Op-ed: Will IEX be able to fix the market?

Will "Flash Boys" star IEX succeed in becoming a stock exchange with a speed bump? Tim Quast weighs in.
Source: CNBC.com | By: Tim Quast, founder and president of Modern Networks IR
UPDATE 1-Hersha sells seven Manhattan hotels for $571.4 mln

Feb 4- Real estate investment trust Hersha Hospitality Trust said it would sell seven hotels in Manhattan for $571.4 million to a joint venture it is setting up with China's Cindat Capital Management Ltd.. The hotels include the Holiday Inn Express Times Square, the Candlewood Suites Times Square, the Hampton Inn Chelsea and the Holiday Inn Wall Street.
Source: Reuters
UPDATE 6-Redstone seen resigning as Viacom chair after stepping down at CBS

NEW YORK/ LOS ANGELES, Feb 3- Viacom's board appears poised to replace Sumner Redstone as chairman on Thursday, after the aging mogul stepped down from his executive role at the top of CBS, but it was not apparent who would get his job at Viacom as Redstone's daughter made clear she did not want CEO Philippe Dauman to succeed her father. Redstone, 92 and in poor health,...
Source: Reuters | By: Jessica Toonkel and Lisa Richwine
UPDATE 5-Redstone seen resigning as Viacom chair following CBS move

NEW YORK, Feb 3- Viacom's board appears poised to replace Sumner Redstone as chairman on Thursday, after the aging mogul stepped down from his executive role at the top of CBS, but it was not clear who would get his job at Viacom as Redstone's daughter made clear she did not want CEO Philippe Dauman to succeed her father. Redstone, 92 and in poor health, unexpectedly...
Source: Reuters | By: Jessica Toonkel