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Emirates Securities Market down by -0.24 percent

  ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has decreased by -0.24% to close at 4677.63 points. Accordingly the Market Capitalization has lost AED 1.8 billion attaining AED 758.77 billion. A total of 0.7 Billion Shares were traded with a total value of AED 0.9 billion during the trading session of 20-04-2016 through 8272 transactions. The number of companies ...

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Housing starts in US slumped more than forecast in March

  Bloomberg New-home construction in the U.S. slumped more than projected in March, reflecting a broad-based retreat that showed the industry lost momentum heading into the busiest time of year. Residential starts decreased 8.8 percent to a 1.09 million annualized rate that was the lowest since October and weaker than any forecast of economists surveyed by Bloomberg, Commerce Department data ...

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Weak locations hamper Shake Shack’s avid growth

  Bloomberg Shake Shack Inc., which has tantalized investors with promises of rapid growth, may have its expansion plans hindered by weaker real estate skills. The burger chain doesn’t have the management experience or information needed to pick prime locations, according to a Bloomberg Intelligence study from analytics provider Fishbowl. Newer Shake Shack locations were in areas that scored lower ...

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