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Roku Inc forecast second-quarter revenue above Wall Street estimates on Wednesday on optimism that increased cord-cutting and a broader shift to ad-based streaming will boost business, sending its shares up about 4% in extended trading.
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A group of Adler Group bondholders was on Tuesday refused permission by London's High Court to appeal a restructuring plan for the German property firm, increasing the likelihood of the plan going ahead.
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UBS said on Tuesday it had set aside more money to draw a line under its involvement in toxic U.S. mortgages, halving its first-quarter profit as the bank girds itself for the "hard" task of swallowing fallen rival Credit Suisse .
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Walt Disney Co will begin a second wave of layoffs on Monday involving thousands of jobs, as part of efforts to eliminate 7,000 positions and save $5.5 billion in costs, according to sources familiar with the matter.
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BuzzFeed said it aims to consolidate its news content in HuffPost and cut its workforce by 15%, sending the shares of the digital media company down.