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  • Oct 22- Toymaker Hasbro Inc missed analysts' estimates for quarterly revenue and profit on Monday, as the demise of major retail partner Toys' R' Us hurt sales in the United States and Europe, sending its shares down 9 percent in early trading. Investor expectations were high going into the quarter after Chief Executive Officer Brian Goldner and Wall Street...

  • A Ryanair jet lands at Dublin Airport, as the crisis over pilot shortages and warnings that crews are rejecting cash bonuses to commit to the airline will be addressed.

    Ryanair reported a net profit of 841.5 million euros ($968.61 million) for the second quarter of its fiscal year on Monday, which was slightly below analysts' expectations.

  • Corus will be ramping up its advertising technology and investments in acquiring content for its television business, Chief Executive Officer Doug Murphy said on a post-earnings call with analysts on Friday,. The Toronto- based company's shares, which fell more than 60 percent this year, were up 8.5 percent at C $4.92 in early trading. Corus's television...

  • Oct 19- Custodian bank State Street Corp said on Friday it expects fourth-quarter servicing fee revenue- its main earnings driver- to remain flat compared with the third quarter, sending its shares down 10 percent. The company blamed BlackRock, which moved more than $1 trillion in custody assets to JPMorgan last year, and challenging market conditions for the...

  • Oct 19- Custodian bank State Street Corp said on Friday it expects fourth-quarter servicing fee revenue, its main earnings driver, to be flat from the third quarter, sending its shares down 7 percent. Total expenses in the fourth quarter are expected to be slightly above third-quarter levels, State Street said on a post earnings conference call.

  • JOHANNESBURG, Oct 19- Shares in South Africa's Clover Industries raced to their highest in almost two months on Friday after the dairy company said it is in talks with an unnamed firm that intends to acquire all its shares. Clover's shares jumped as much as 15 percent to 16.40 rand, their highest since Sept. 4, outperforming the All-share on Friday which was down...

  • *China expansion provides a bright spot. IHG, which owns the Crowne-Plaza and Holiday Inn brands among others, posted a 1 percent rise in third-quarter global revenue per available room, well short of the 6 percent growth reported by French rival AccorHotels on Thursday. IHG shares were down 5.8 percent at 1000 GMT, with sentiment apparently unaffected by an...

  • SHANGHAI, Oct 19- Shares in China extended losses in early trade on Friday as the country recorded its slowest quarterly growth rate since 2009, despite statements from senior regulators pledging support for private firms and companies facing liquidity problems. In a move to shore up investor sentiment ahead, the governor of the People's Bank of China said on...

  • *Stocks in Asia fell as global sentiment soured on issues ranging from trade worries, Italy's 2019 budget, higher U.S. interest rates and growth concerns in China that led to a slump in Chinese shares in the previous session. *Italy's Prime Minister defended its free-spending budget on Thursday, brushing off criticism from Brussels as the European Commission...

  • NEW YORK, Oct 18- PayPal Holdings Inc on Thursday reported a third-quarter profit that beat analysts' estimates as the company signed up more new customers and volume of payments processed rose. Net income rose to $436 million, or 36 cents per share, in the third quarter, from $380 million, or 31 cents per share, a year earlier. For the fourth quarter, PayPal expects...

  • NEW YORK, Oct 18- PayPal Holdings Inc on Thursday reported a third-quarter profit that beat analysts' estimates as the company signed up more new customers and volume of payments processed rose. Net income rose to $436 million, or 36 cents per share, in the third quarter, from $380 million, or 31 cents per share, a year earlier. For the fourth quarter, PayPal expects...

  • *Revises 2018 EPS range to $3.20- $3.30 from $3.15- $3.35. *Aviation business backlog rises to $1.8 bln. Textron was one year behind schedule on booking gains from the Arctic Cat acquisition, Chief Executive Officer Scott Donnelly said on a conference call, while pointing to poor management of the unit.

  • *Company maintains forecast for full year. LONDON, Oct 18- Philip Morris International, maker of Marlboro cigarettes, maintained its full-year guidance on Thursday after higher pricing helped it to report better than expected quarterly sales and profit. Shares of the company rose 4.7 percent in New York, although the unchanged outlook signals weakness in the...

  • Faced with an endless stream of college graduates, employers are "inflating" their requirements. 

    Nearly 90 percent of cities hold more people with a bachelor's degree than jobs requiring that education.

  • Nestle chocolate products are displayed on the shelves of a Kroger supermarket in Decatur, Georgia.

    Food group Nestle NESN.S confirmed it wants to grow sales by around 3 percent this year after strong trading in North America and China pushed up underlying sales in the third quarter.

  • Shares of Alcoa rose 3 percent to $37.79 in after-hours trading, also helped by the announcement of a $200 million share repurchase program. Alcoa also tightened its 2018 adjusted earnings before interest, tax, depreciation and amortization forecast to range between $3.1 billion and $3.2 billion, compared with its previous forecast of $3.0 billion and $3.2...

  • Crown Prince of Saudi Arabia Mohammed bin Salman Al Saud (R)  poses with Richard Branson (L), founder of Virgin Group Ltd. during his visit to Virgin Galactic company as part of his official visits in California, United States on April 2, 2018. 

    Saudi Arabia is depending on strategic partnerships with foreign companies for the technology and expertise necessary to fulfill Vision 2030.

  • Oct 16- A U.S. judge on Tuesday approved a settlement between a federal regulator, Tesla Inc and its chief executive officer, Elon Musk, over his tweets promising to take the company private, signaling an end to a tumultuous period for investors. Judge Alison Nathan of the U.S. District Court for the Southern District of New York approved a motion filed by the U.S....

  • Oct 16- A U.S. judge on Tuesday approved a settlement between a federal regulator, Tesla Inc and its chief executive officer, Elon Musk, over his tweets promising to take the company private, signaling an end to a tumultuous period for investors. Judge Alison Nathan of the U.S. District Court for the Southern District of New York approved a motion filed by the U.S....