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  • April 28- Music streaming service Pandora Media Inc posted a 29 percent rise in quarterly revenue on Thursday as advertising revenue increased. First-quarter revenue rose to $297.3 million from $230.8 million. Pandora shares were up 11 percent in after-hours trading.

  • DETROIT, April 28- Ford Motor Co reported first-quarter net income that more than doubled thanks to robust deliveries of pickup trucks in North America and a profit rebound in Europe, but cautioned that results in the second half of the year would likely not be as strong. It reported record operating margins globally and in North America, and enjoyed its most...

  • After underwhelming results from Apple Inc, Google Inc and other big tech names, investors finally found a friend in Facebook Inc after the company shredded Wall Street's forecasts for revenue, profit and user growth. Facebook's shares jumped 11 percent to a record high of $120 in early trading on Thursday, giving a $30 billion boost to the social networking...

  • After underwhelming results from Apple Inc, Google Inc and other big tech names, investors finally found a friend in Facebook Inc N> after the company shredded Wall Street's forecasts for revenue, profit and user growth. Facebook's shares jumped 11 percent to a record high of $120 in early trading on Thursday, giving a $30 billion boost to the social networking...

  • *Global Fashion Group sees valuation cut to 1 bln euros. BERLIN/ STOCKHOLM, April 28- Shares in German ecommerce investor Rocket Internet took another tumble on Thursday as concerns grew over the worth of its portfolio after a cut in the valuation of its online clothing sites operating in emerging markets. Rocket and co-investor Kinnevik said on Wednesday a new...

  • SHARES IN LLOYDS FALL 3.7 PERCENT TO 66.9 PENCE AFTER Q1 RESULTS.

  • Shares of the payment processor, which was spun off from eBay Inc last year, rose 4 percent to $41.65 in extended trading on Wednesday. PayPal's total revenue increased to $2.54 billion in the quarter ended March 31, while net income jumped 43 percent to $365 million, or 30 cents per share. Analysts on average had expected a profit of 35 cents per share and revenue of...

  • April 27- Shares of Red Rock Resorts Inc fell 5 percent in their debut on Wednesday, valuing the Las Vegas- based casino operator at $2.14 billion. At the time, the company operated under the name Station Casinos. Station Casinos filed for bankruptcy in 2009, under the burden of debt from the leveraged buyout and a struggling Las Vegas economy.

  • NEW YORK, April 27- Comcast Corp reported better-than-expected results on Wednesday, reaping the rewards of its biggest first-quarter jump in pay-TV customers in nine years and as its business service, high-speed Internet and entertainment units grew. The largest U.S. cable operator said total revenue rose 5.3 percent to $18.8 billion, beating analysts'...

  • *Global Fashion Group sees valuation cut to 1 bln euros. STOCKHOLM/ FRANKFURT, April 27- Sweden's Kinnevik revealed a big drop in the value of Global Fashion Group, highlighting concerns over how much digital consumer businesses are worth and knocking shares in co-investor Rocket Internet. Kinnevik and Rocket disclosed a new funding round of 300 million euros...

  • Here's where sovereign wealth funds are moving their money to

    Real estate is a prime play for sovereign wealth funds as stocks remain unpredictable, an expert on public asset ownership revealed.

  • TOKYO, April 27- Japanese stocks fell on Wednesday morning as Apple-related shares took a beating and disappointing corporate earnings came into sharp focus amid uncertainty over whether the Bank of Japan will deliver on expectations of further stimulus at this week's meeting. Apple Chief Financial Officer Luca Maestri told Reuters the company was "...

  • LOS ANGELES, April 26- Chipotle Mexican Grill Inc reported its first ever quarterly loss, after food giveaways failed to lure back large numbers of paying customers turned off by a string of food safety lapses last year. Shares of the Denver- based burrito chain fell almost 5 percent after the first quarter results. Sales at established Chipotle restaurants fell...

  • VANCOUVER/ TORONTO April 26- Barrick Gold Corp, the world's largest gold producer, on Tuesday reported first-quarter adjusted earnings that rose sharply, topping market expectations, pushing its shares higher. "There's evidence that the board has taken into account, belatedly, the feedback from shareholders," said David Anderson, CEO of executive advisory firm...

  • April 26- T-Mobile US Inc on Tuesday reported better-than-expected earnings and raised its 2016 forecast for customer additions, as competitively priced plans and free video streaming options helped it add over 1 million new monthly subscribers for the seventh consecutive quarter. Shares in T-Mobile rose 2.6 percent in premarket trading on Tuesday, after...

  • April 26- Hong Kong shares were up slightly on Tuesday, as investors braced for central bank policy meetings in the United States and Japan this week. The Hang Seng index rose 0.5 percent, to 21,407.27, while the China Enterprises Index gained 0.3 percent, to 9,016.12 points. Shares of Alibaba Health Information Technology Ltd lost 5.7 percent, following a Hong...

  • Huayi Brothers Media Corporation chairman and CEO says Chinese film makers should target the U.S. market too.

    Hollywood has set its sights on China but filmmakers in the world's second-largest economy are stepping up efforts to carve a niche in the U.S.

  • April 25- Hong Kong stocks fell on Monday, tracking regional markets, with financial and IT stocks leading the decline. The Hong Kong- listed shares of Zoomlion Heavy Industry Science and Technology Co dropped more than 3 percent after the company reported its worst quarterly loss on record. Bucking the broader trend, shares of Chinese developer Evergrande Real...

  • DETROIT, April 22- General Motors Co Chief Executive Mary Barra's compensation for 2015 rose 72 percent from the prior year to $28 million as she guided the company to record profits, the company said on Friday. The compensation included a one-time grant last June of stock that could be valued at $11.2 million, which is tied to the stock being at least $31.32 per...

  • *S&P tech sector worst performer on S&P 500. April 22- Disappointing earnings reports from Microsoft and other major companies pushed Wall Street lower on Friday, overshadowing a surge in oil prices which lifted energy shares. "Investors are looking for clarity on two major catalysts- earnings season and the Fed," said Adam Sarhan, chief executive of Sarhan...