UPDATE 2-Appaloosa questions TerraForm Power's Vivint deal Dec 1- Hedge fund Appaloosa Management LP said SunEdison Inc yieldco TerraForm Power Inc's proposed purchase of residential solar assets from SunEdison represented a change in TerraForm's business model and put shareholders at risk. SunEdison created TerraForm Power, and another so-called yieldco, TerraForm Global Inc, to hold solar and wind power...
| By: Anet Josline Pinto and Sneha Banerjee
UPDATE 1-For third consecutive quarter, U.S. CEOs cautious on economy -poll CHICAGO, Dec 1- For the third consecutive quarter, U.S. CEOs expressed growing caution about the country's economic prospects in the short term and more said they expected to curtail capital investments over the next six months, according to a survey released on Tuesday. Randall Stephenson, chairman of Business Roundtable and CEO of AT&T Inc, said the projected...
| By: Nick Carey
Fidelity boosts value of pre-IPO Roku and Nutanix, sours on Delphix BOSTON, Dec 1- Fidelity Investments recently boosted the estimated value of video streaming device maker Roku Inc and storage startup Nutanix Inc by more than 20 percent, underscoring how some pre-IPO companies continue to shine in a sector that has hit a rough patch. Boston- based Fidelity, for example, slashed the value of Delphix Corp. by 43 percent in October,...
| By: Tim McLaughlin
European stocks fall as Linde slumps LONDON, Dec 1- European shares fell on Tuesday, weighed down by a slump in Linde after the world's biggest industrial gases company by sales cut its 2017 profit target. Linde tumbled 14.3 percent, dragging down sector peer Air Liquide, and together they took the most points off the pan-European FTSEurofirst 300 index. Mirabaud Securities equity sales executive...
| By: Sudip Kar-Gupta
TREASURIES-U.S. bond prices rise as manufacturing data disappoint *Month-end purchases drive appetite for long-dated issues. NEW YORK, Dec 1- U.S. The Institute for Supply Management's gauge on U.S. services industries was the weakest since June 2009 and pushed yields maturing between two- and 30- years to session lows.
| By: Tariro Mzezewa
GLOBAL ECONOMY-Europe manufacturing improves, Americas and Asia slow *U.S. slows, Canada and Brazil contract. JPMorgan's Global Manufacturing Purchasing Managers' Index, produced with Markit, slipped to 51.2 in November, just below October's five-month high of 51.3. The global PMI combines survey data from countries including the United States, Japan, Germany, France, Britain, China and Russia.
| By: Jonathan Cable and Nicholas Owen