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Public Employees Retirement System of OH increased its stake in Barnes & Noble by 1.4% in the first quarter. But that forecast did little to assure investors, as the stock fell 10% in early trading following the report, leaving shares down 37% so far this year.
  • Jaitley: India has standardised itself for growth rate of 7-8%

    Jaitley: India has standardised itself for growth rate of 7-8%

    Markets

    His comments come ahead of the second quarter GDP data that will be released by the Central Statistics Economy later this evening. "India today, in the last three years, was for the first time in history, has been the fastest growing major economy and we do hope that in the first instance we evolve into a middle income economy and subsequently we graduate into a developed economy".
  • Oil Eases Further Following US Inventory Reading

    Oil Eases Further Following US Inventory Reading

    Markets

    The commodity now trades at $57.70 per barrel, down 0.50% on the day. "The rise in refined product inventories more than offsets the crude oil inventory drop, and there was a notable, if not spectacular, drop in implied gasoline demand on the week", said Kilduff.
  • TfL may take over suburban rail lines

    TfL may take over suburban rail lines

    Markets

    This industry has reversed decades of decline under British Rail, delivered new investment and new trains, and doubled the number of passengers. "But we need a new way of working to help our railway deal with the challenges it faces". Still they rule out the highly popular option of public ownership. Transport for London (TfL) could gain control of additional rail services under new plans.
  • Yellen gives Congress parting shot on growth, debt

    Yellen gives Congress parting shot on growth, debt

    Markets

    Her comments as an outgoing Fed chief stood in contrast to the more cautious responses of Fed Gov. Jerome Powell , Trump's nominee to replace her. One lesson from that, she said, is "the labor market and the economy are not significantly overheated in spite of the fact that we have a very low unemployment rate".
  • Here's What WeWork Gets Out of Acquiring Real-Life Social Network Meetup

    Here's What WeWork Gets Out of Acquiring Real-Life Social Network Meetup

    Markets

    Under the arrangement, Heiferman will continue to lead Meetup with a view to growing the service. "Voila!" Meetup said in a statement on its website. "With Meetup, there's even more opportunity to bring people together around the things that matter most to them". WeWork's global presence would help promote Meetup overseas and give organizers a more legitimate space to host group meetups, replacing, as Heiferman says, the "musty church basements" of yore.
  • 'BuzzFeed' Revamps Business, Adds BuzzFeed Media Brands In Wake Of Layoffs

    'BuzzFeed' Revamps Business, Adds BuzzFeed Media Brands In Wake Of Layoffs

    Markets

    As many as 100 staff are affected in the United States, mainly falling on commercial side of the company, the Wall Street Journal has said. In a message to staff, Buzzfeed chief executive Jonah Peretti said: "As our strategy evolves, we need to evolve our organisation too - particularly our Business team, which was built to support direct sold advertising but will need to bring in different, more diverse expertise to support these new lines of business".
  • USA economy expanded at brisk 3.3 pct. pace in third quarter

    USA economy expanded at brisk 3.3 pct. pace in third quarter

    Markets

    The government expects this year's growth to be 3.2 percent which would be the same level as last year. The most recent GDP report is the second of three estimates. But consumer spending, which accounts for 70 percent of US economic output, grew at an annual pace of just 2.3 percent, down from 3.3 percent in the second quarter.
  • Chipotle Looking For New Chief Executive

    Chipotle Looking For New Chief Executive

    Markets

    I am confident that this will allow us to deliver value for our shareholders, and provide rewarding opportunities for our employees. "Chipotle has vast unrealized potential". Chipotle seeks out extraordinary ingredients that are not only fresh, but that are raised responsibly, with respect for the animals, land, and people who produce them.
  • Royal Bank Of Canada (NASDAQ:RY) Expected To Report Earnings On Wednesday

    Royal Bank Of Canada (NASDAQ:RY) Expected To Report Earnings On Wednesday

    Markets

    RBC had 52 analyst reports since August 4, 2015 according to SRatingsIntel. Finally, BidaskClub upgraded shares of Royal Bank Of Canada from a "sell" rating to a "hold" rating in a report on Saturday, August 19th. purchased a new stake in Royal Bank Of Canada during the 2nd quarter worth approximately $282,000. More notable recent Royal Bank of Canada (NYSE:RY) news were published by: Fool.ca which released: "Royal Bank of Canada Is Too Big to Fail: Should You Buy?" on November 27, 2017, ...
  • Facebook using AI to expunge terror posts even before they are flagged

    Facebook using AI to expunge terror posts even before they are flagged

    Markets

    The program is a more advanced version of the suicide prevention tools that Facebook rolled out past year, using AI to identify and provide help to users who are in need of it. but it would eventually be used worldwide except in the European Union due to sensitivities. Facebook does this primarily through the use of automated systems like photo and video matching and text-based machine learning.
  • London Stock Exchange CEO Xavier Rolet to Resign Immediately

    London Stock Exchange CEO Xavier Rolet to Resign Immediately

    Markets

    The activist investor had called a meeting to remove Brydon and extend Rolet's tenure. The LSE board said earlier on Wednesday that it had asked TCI to say by 1300 GMT if it would withdraw its meeting request to "avoid further disruption and potential damage to the company".
  • Lincoln Nautilus takes over for the MKX

    Lincoln Nautilus takes over for the MKX

    Markets

    Lincoln's transition back to conventional names - strongly hinted at when it replaced the lowly MKS with the more stylish and plush Continental last year - comes with the brand on pace to close out its fourth consecutive year of rising USA sales.
  • Robots Could Take Up 800 million Jobs By 2030: Mckinsey Report

    Robots Could Take Up 800 million Jobs By 2030: Mckinsey Report

    Markets

    The report also cited the potential need for an effort on the same scale as the Marshall Plan, when the United States spent billions to rebuild Western Europe after World War II. The growth in employment required to replace jobs lost will come partly through automation itself, as new workers will be needed to man the machines, and from the increased economic growth and productivity that the new automation would generate through larger profits by companies and an increase in wages.