des to leave company at the end of Q1 (trading -0.30%) • Baloise reach with agreement with employee reps, 400 job cuts by 2017 (trading -0.70%) • Norske Skog sells remaining 49% stake in Norske Skog Pisa in Brazil for $37M (trading +2.8%) • Rezidor Hotel Group restructures 3 lease agreements & terminates