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  • Nov 15- U.S. stocks were set for a mixed open on Thursday, with hopes of a trade negotiation between the United States and China being offset by mixed results from retailers and a slide in Facebook Inc.. Shares in Walmart Inc, the world's largest retailer, rose 0.3 percent in premarket trading after the company beat quarterly comparable sales estimates.

  • After having fallen from $80 at the turn of the century, shares in the chain of department stores were down nearly 10 percent on Thursday, taking them closer to "penny stock" territory, or a value under $1. The Plano, Texas- based company has also changed strategy several times, alienating middle-aged and older women a group it considers a core demographic as it chased...

  • Nov 15- Chemicals maker Ineos Enterprises said on Thursday it will buy Ashland Global Holdings Inc's composites unit for $1.1 billion, chiefly for its resin business. Ashland said the divestiture was a part of its plans to focus on specialty chemicals. Ineos said the deal was expected to be completed in the first half of next year.

  • NEW YORK, Nov 15- Walmart Inc reported better-than-expected quarterly U.S. comparable sales on Thursday and raised its full year outlook as a strong economy boosted customer store visits and e-commerce purchases grew as it sold more groceries online. "Fresh continues to do very well but there is strength across the board from a category standpoint," Chief...

  • Nov 15- Dell Technologies on Thursday raised its offer to buy back shares tied to its interest in software maker VMware to $120 per share, still way short of the $300 price suggested by activist investor Carl Icahn. The computer maker in July offered to pay $21.7 billion, or $109 per share, in cash and stock to buy back shares tied to its interest in VMware, returning...

  • MIAMI, Nov 15- Ford Motor Co Chief Executive Jim Hackett told Reuters the company was open to investment by automakers and others in its autonomous vehicle business, but cautioned that expanding partnerships with German automaker Volkswagen AG was a "delicate dance." However, Hackett said expanding collaboration to other areas, such as electric vehicles or...

  • Shares in the company dropped nearly 12 percent to $1.10 in premarket trade after the department store chain's same-store sales in the third quarter fell well short of Wall Street estimates. The Plano, Texas- based company said sales at stores open for at least 12 months fell 5.4 percent in the three months ended Nov. 3. Wall Street analysts on average had expected...

  • Nov 15- U.S. stock index futures rose on Thursday, as signs that the United States and China were working to resolve a bitter trade war eased nerves ahead of retail sales data. Walmart Inc shares rose 0.7 percent in premarket trading after the company beat comparable sales estimate for the third quarter, as more shoppers in the U.S. purchased goods at its stores and...

  • NEW YORK, Nov 15- Walmart Inc reported better-than-expected quarterly U.S. comparable sales on Thursday and raised its earnings outlook for the year as a strong economy boosted customer store visits and more grocery offerings helped e-commerce purchases. The stock rose nearly 1 percent to $102.48. The retailer suffered a setback in India on Tuesday when the...

  • Nov 15- AutoNation Inc will offer a used-car subscription service from auto leasing startup Fair through AutoNation's network of more than 300 U.S. dealers, starting later this month in California, the companies said on Thursday. The service, described as an alternative to traditional ownership and leasing, is similar to new-vehicle subscriptions offered by...

  • NEW YORK, Nov 15- Walmart Inc reported better-than-expected quarterly U.S. comparable sales on Thursday and raised its earnings outlook for the year as a strong economy boosted customer store visits and more grocery offerings helped e-commerce purchases. Sales at U.S. stores open at least a year rose 3.4 percent in the third quarter, excluding fuel price...

  • Nov 15- Dell Technologies on Thursday raised its offer to buy back shares tied to its interest in software maker VMWare to $120 per share from its previous offer of $109, still way short of the $300 price suggested by activist investor Carl Icahn. The computer maker in July offered to pay $21.7 billion in cash and stock to buy back shares tied to its interest in...

  • LONDON, Nov 15- Chinese copper smelter Jiangxi Copper and miner Antofagasta have agreed 2019 copper treatment and refining charges at $80.80 a tonne and 8.08 cents a pound, three sources familiar with the matter said. The charges agreed between Jiangxi and Antofagasta are down from the 2018 benchmark of $82.25 a tonne and 8.225 cents a pound.

  • The day after Thanksgiving, which this year falls on Nov. 23, has been regarded as the traditional start of the holiday shopping season although deals and promotions are being unveiled earlier every year. Joseph Adetayo, 71, of Upper Marlboro, Maryland joked about the crush of shoppers who have historically flooded stores in search of bargains.

  • Nov 15- Detour Gold Corp said on Thursday it agreed to name two of investor Paulson& Co's nominees to its board as it looks to end a proxy fight with the hedge fund that had called for a complete overhaul of the board. Billionaire John Paulson, the hedge fund's manager, said the company had failed to recruit and oversee a management team capable of operating its main...

  • *Watchdog looks at suspected boycott of Apple Pay, Samsung Pay. *Targets include Swiss units of Credit Suisse, UBS. ZURICH, Nov 15- Switzerland's competition watchdog has raided the offices of financial companies, including Credit Suisse and UBS, to investigate a suspected boycott of mobile payment solutions such as Apple Pay and Samsung Pay.

  • BEIJING, Nov 15- PetroChina will merge its wholesale natural gas sales unit with retail provider Kunlun Energy to shore up profits though the move worries independent gas sellers that fear the combination will create a monopoly. PetroChina announced the restructuring internally last week to merge PetroChina Natural Gas Sales Company, the country's...

  • *Countries that do not train workers risk losing employers. ZURICH, Nov 15- Companies should set up portable accounts to pay for life-long learning to help workers upgrade their skills and remain employable as robots take over more jobs, Adecco Group Chief Executive Alain Dehaze said. The 55- year-old Belgian who has led Switzerland- based Adecco Group since...

  • MIAMI, Nov 15- Ford Motor Co Chief Executive Jim Hackett told Reuters the automaker is open to investment by automakers and others in its autonomous vehicle business, but cautioned that expanding partnerships with German automaker Volkswagen AG is a "delicate dance." However, Hackett said expanding collaboration to other areas, such as electric vehicles or...

  • CHICAGO, Nov 15- During a recent visit to my dentist, we got talking about his frustrations with Medicare. Here is what he meant: traditional Medicare does not cover most dental care. Many seniors simply pay for dental care out of pocket- the average out-of-pocket expense among Medicare enrollees who needed dental care in 2016 was $607, according to the Agency for...