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  • April 24- Chipotle Mexican Grill Inc beat analysts' expectations for quarterly same-store sales on Wednesday, as the fast-casual chain's emphasis on fresher menu and investments in online ordering and delivery boosted customer transactions. Sales at restaurants open for at least 13 months rose 9.9 percent in the first quarter ended March 31, well above...

  • April 24- Facebook Inc beat analysts' estimates for quarterly revenue on Wednesday, aided by growth in its Instagram business and a surge in advertising spending by companies while also warning it could face up to $5 billion in losses related to an official U.S. privacy investigation. Total revenue rose 26 percent to $15.08 billion, beating analysts' average...

  • NEW YORK, April 24- The S&P 500 slipped on Wednesday, after ending the previous session with a record and the Nasdaq edged lower after reaching an all-time high earlier in the day while investors waited for more earnings reports.

  • April 24- Microsoft Corp beat Wall Street estimates for quarterly revenue on Wednesday, fueled by its Azure cloud computing unit and the continued shift to the subscription version of its Office software. Total revenue rose 14 percent to $30.57 billion in the third quarter ended March 31, beating analysts' average estimate of $29.84 billion, according to IBES...

  • April 24- Boeing Co on Wednesday abandoned its 2019 financial outlook, halted share buybacks and said lowered production due to the grounding of its fastest-selling 737 MAX jet after two fatal plane crashes in five months had cost it at least $1 billion so far. The world's largest planemaker is facing one of the biggest crises in its 103- year history following...

  • Treasury yields were lower across maturities on Wednesday as investors piled into the safe-haven government bonds following a dovish report from Canada's central bank, weak data from Germany and Australia, and solid demand at auction for $41 billion of new five-year notes. The bank's dovish announcement added to the rally in Treasury prices that began...

  • LISBON, April 24- Shareholders of EDP-Energias de Portugal voted on Wednesday to effectively block a 9 billion euro takeover bid by China Three Gorges, but the Portuguese utility said their partnership would continue, with a focus on Latin America. The proposed scrapping of a 25 percent voting right limit was a key condition of CTG's attempt to buy Portugal's...

  • SAO PAULO, April 24- Brazilian electronics and appliance retailer Via Varejo SA plans to fully integrate its online and physical sales platforms by June 30, a move likely to increase margins in the second half of the year, Chief Executive Officer Peter Estermann said on Wednesday. Estermann said that full integration should facilitate inventory management, as...

  • NEW YORK, April 24- The euro slumped to a 22- month low against the U.S. dollar on Wednesday after a surprise drop in a leading indicator for economic activity in Germany highlighted the divergence between economic data in the United States and the euro zone. German business morale deteriorated in April, bucking expectations for a small improvement, as trade...

  • Normally, Walmart would buy Angus beef from companies like Tyson Foods Inc and Cargill Inc.. Walmart has now arranged to source cattle from Texas rancher Bob McClaren of Prime Pursuits and 44 Farms, who said the retailer will sell no-hormones-added Black Angus beef. The cattle will be fed at a feedyard that specializes in avoiding hormones, slaughtered in...

  • OSLO, April 24- Norwegian Air has agreed with Airbus and Boeing to reschedule delivery of aircraft to cut capital spending, the loss-making budget carrier said on Wednesday. In total, the announced restructurings and postponements of Boeing and Airbus aircraft delivery will reduce capital expenditure for 2019 and 2020 by $2.1 billion, it said.

  • Iran sanctions buoyed prices this week. NEW YORK, April 24- Oil prices hovered near six-month highs on Wednesday after data showed U.S. crude stockpiles surged to their highest levels since October 2017, countering fears of tight supply resulting from OPEC output cuts and U.S. sanctions on Venezuela and Iran. Brent crude futures rose 6 cents to settle at $74.57 a...

  • International energy companies such as Exxon Mobil have been developing huge natural gas fields off the coast of northern Mozambique. "It's going to make landfall tomorrow afternoon in Cabo Delgado, on the northeastern coast of Mozambique, and it is going to be a cyclone with wind speeds which could be 140 km per hour," said Jan Vermeulen, from the South African...

  • April 24- ICE cotton futures settled at a more than one-week low on Wednesday as rain in top producing state Texas was perceived as favorable to plantation of the natural fiber crop. settled down 0.79 cent, or 1.01 percent, at 77.12 cents per lb. * "Rain in West Texas is weighing on prices," said Jim Nunn, owner of Tennessee cotton brokerage Nunn Cotton.

  • On Tuesday, the government charged drug distributor Rochester Drug Co-operative Inc and company executives for their role in fueling the epidemic. Deaths from opioid overdose in the United States jumped 17 percent in 2017 from a year earlier to more than 49,000 according to the Centers for Disease Control and Prevention. China last month listed all...

  • April 24- Tesla Inc Chief Executive Officer Elon Musk said on Wednesday he was considering building a factory in Germany, responding to a user's suggestion https://twitter.com/elonmusk/status/1121114038446858241 on Twitter.

  • BRASILIA, April 24- Brazilian markets slumped on Wednesday, a day after a planned pension overhaul cleared a congressional hurdle following a lengthy debate that highlighted the government's struggle to build support for its signature reform policy. 'said Jose Francisco de Lima, chief economist at Banco Fator in Sao Paulo. Jose Carlos Faria, head of Latin...

  • "We will being construction of Mexico City's new airport next Monday," said Lopez Obrador in a speech at the Santa Lucia military air base, north of the sprawling capital in the neighboring State of Mexico. The plan is a replacement for a part-built $13 billion Mexico City airport on the capital's eastern flank which Lopez Obrador canceled on Oct. 29, a few weeks...

  • ELON MUSK, IN RESPONSE TO TWEET SUGGESTING TESLA BUILDS A FACTORY IN GERMANY, SAYS "CONSIDERING"- TWEET.

  • OTTAWA, April 24- The Bank of Canada held interest rates steady on Wednesday as expected but removed wording around the need for future hikes and lowered its growth forecast for 2019, cementing the market's view that further increases are off the table for now. The Bank of Canada held rates steady at 1.75 percent on Wednesday. "This reads dovish," said Andrew Kelvin,...