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  • NEW YORK— You'd be wrong to think that Facebook's Messenger app is all about messaging. Although people typically install it on their phones to chat privately with their Facebook friends, Facebook also uses Messenger to bring features and capabilities that might not make sense, or even be possible, as part of the main Facebook service. And of course, a separate app...

  • Chief Executive Jim Smith acknowledged that uncertainty around Britain's exit from the European Union poses challenges for many big clients, but he said it also provides an opportunity for Thomson Reuters. Net earnings were $350 million, or 45 cents per share, versus $281 million, or 33 cents per share, a year ago. Thomson Reuters, the parent of Reuters News,...

  • NEW YORK— Chipotle is branching out from burritos and plans to open its first burger restaurant. A spokesman for the chain, Chris Arnold, said in an email Thursday that the company's first Tasty Made burger restaurant will open in this fall in Lancaster, Ohio. The move into burgers comes at a rough time for Chipotle Mexican Grill Inc., which is still fighting to bring...

  • *Goldman says believes in $40- $45 range through mid-2017. U.S. Gulf Coast gasoline stocks hit record highs last week for a July month, while East Coast inventories reached all-time peaks, government data showed on Wednesday. U.S. crude's West Texas Intermediate futures fell 63 cents, or 1.5 percent, to $41.29 a barrel by 11:48 a.m. EDT.

  • NEW YORK _ Investment Technology Group Inc. on Thursday reported a loss of $5.2 million in its second quarter. Investment Technology shares have increased 8.5 percent since the beginning of the year. Keywords: Investment Technology Group, Earnings Report.

  • *Goldman says believes in $40- $45 range through mid-2017. U.S. Gulf Coast gasoline stocks hit record highs last week for a July month, while East Coast inventories reached all-time peaks, government data showed on Wednesday. U.S. crude's West Texas Intermediate futures fell 52 cents, or 1.3 percent, to $41.40 a barrel by 11:19 a.m. EDT.

  • July 28- Claire's Stores Inc has decided to start negotiations with its creditors about restructuring its debt, as it seeks to avoid becoming the latest U.S. teen retailer to file for bankruptcy protection, according to people familiar with the matter. Apollo Global Management LLC, the private equity firm that owns Claire's, has asked law firm Morgan, Lewis&...

  • The Census Bureau's new advanced economic indicators report showed the advance goods deficit rising 3.7 percent to $63.3 billion last month as imports outpaced export growth. "The inventory correction looks severe in the second quarter, likely subtracting over a full percentage point from GDP growth," said Daniel Silver, an economist at JPMorgan in New York.

  • NEW YORK _ Hudson Global Inc. on Thursday reported a second-quarter loss of $3.1 million, after reporting a profit in the same period a year earlier. For the current quarter ending in October, Hudson Global said it expects revenue in the range of $105 million to $115 million. Keywords: Hudson Global, Earnings Report.

  • July 28- Duracell said it plans to close a battery-making plant in South Carolina that employs 430 people, making the announcement fewer than five months after being acquired by Warren Buffett's Berkshire Hathaway Inc.. Duracell said the move will lead to "some" job growth in LaGrange, which is about 330 miles southwest of Lancaster, and that Lancaster workers...

  • NEW YORK _ Sequential Brands Group Inc. on Thursday reported a loss of $65,000 in its second quarter. Sequential Brands expects full-year revenue in the range of $155 million to $160 million. Sequential Brands shares have increased roughly 5 percent since the beginning of the year.

  • Potash plans to cut its quarterly dividend to 10 cents per share from 25 cents. Its shares fell 4.7 percent in New York and Toronto, and the U.S.-listed stock touched a two-week low of $16.32, down 40 percent in the past 12 months. Potash Corp "could sit at the bottom here for another year," said Bryden Teich, portfolio manager at Avenue Investment Management, which sold...

  • NEW YORK, July 28- Donny Deutsch pops up pretty much everywhere in the American mediascape. You might know the 58- year-old New York City native from his time as head of Deutsch Inc, one of the biggest ad firms in the country that was acquired by Interpublic Group. Or from his former CNBC talk show "The Big Idea with Donny Deutsch," or his scripted comedy series "Donny!"

  • NEW YORK, July 28- U.S. Treasury prices fell on Thursday, with longer-dated yields rising from 1-1/ 2 week lows in advance of a $28 billion auction of seven-year notes, the final part of this week's $88 billion coupon-bearing securities for sale. The FOMC gave a nod to improvement in the labor market and consumer spending, with little fallout so far from Britain's...

  • Net earnings were $350 million, or 45 cents per share, compared with $281 million or 33 cents per share, a year ago. Thomson Reuters, the parent of Reuters News, competes for financial customers with Bloomberg LP as well as News Corp's Dow Jones unit. Despite volatile markets and uncertainty among financial services clients around the recent surprise vote by...

  • The Labor Department said applications for unemployment benefits rose slightly last week. Oracle agreed to buy cloud computing business NetSuite for about $8.8 billion. Verizon and AT&T each slipped about 1 percent.

  • NEW YORK _ ExlService Holdings Inc. on Thursday reported second-quarter profit of $16.4 million. ExlService Holdings expects full-year earnings in the range of $2.25 to $2.35 per share, with revenue in the range of $691 million to $703 million. ExlService Holdings shares have climbed 14 percent since the beginning of the year.

  • NEW YORK _ BGC Partners Inc. on Thursday reported second-quarter earnings of $15.7 million. For the current quarter ending in October, BGC Partners said it expects revenue in the range of $655 million to $695 million. BGC Partners shares have dropped roughly 7 percent since the beginning of the year.

  • Now his company, Oracle, will spend $9.3 billion to acquire cloud upstart NetSuite. NetSuite is just the latest cloud acquisition by Oracle, and its biggest splurge in more than a decade. NetSuite, which was founded by a former Oracle executive, makes business software that runs in NetSuite's "cloud," or its own data centers, rather than on its customers' computers.

  • NEW YORK— Sliding ad revenues and costs from shutting down some operations in Paris led to a second-quarter loss at The New York Times Co.. In a statement, New York Times CEO Mark Thompson said he expects digital ad declines to improve in the second half of the year. Overall, the New York- based company reported a second-quarter loss of $211,000, or less than 1 cent per...