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News Summary: Zynga 4Q loss narrows, costs fall

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SMALLER LOSS: Online games company Zynga said its loss narrowed in the latest quarter even though revenue was largely unchanged as the company cut expenses by laying off workers, closing offices and shutting down poorly performing games. STRONGER THAN EXPECTED: The results exceeded Wall Street's muted expectations, and Zynga Inc.'s battered shares rose nearly 7 percent in after-hours trading....

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