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CORRECTED-Hong Kong shares close up 0.5 pct, Li & Fung, ANTA Sports surge
Reuters(Corrects price moves for ANTA and Li & Fung) HONG KONG, May 15 (Reuters) - Hong Kong shares rebounded from a one-week low on Wednesday but investors were mainly focused on a handful of stocks on hopes of an earnings turnaround. The Hang Seng Index...Tags: Money and Monetary Policy, Credit Ratings, HSBC Holdings plc, China, Coal
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Indian shares jump over 2 pct; RBI governor sparks rate cut hopes
Reuters* BSE index gains 2.49 pct; NSE ends 2.52 pct higher * Banks rally on rate cut hopes * Bond yields drop as much as 39 bps since RBI's review on May 3 By Abhishek Vishnoi MUMBAI, May 15 (Reuters) - Indian shares rose more than 2 percent on Wednesday to...Tags: Credit Ratings, Money and Monetary Policy, HDFC Bank Limited, Economic Indicator, Baseball
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GTCap 1Q profit grows to P4 billion
The Manila Times, PhilippinesThe investment holding firm of the Ty family registered a first-quarter net income of P4 billion, a significant increase from the P1.3 billion the firm earned in the same period in 2012. This is on the back of the increases posted in the firm's business...Tags: Philippines, Economy, Business and Finance, Companies and Corporations, Toyota Motor Corp., Manila (Philippines)
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Company earnings beats take European shares to new 5-yr high
Reuters* FTSEurofirst 300 up 0.5 pct to fresh 5-yr closing high * Euro STOXX 50, Germany's Dax also scale new closing peaks * Intesa Sanpaolo, Deutsche Post, EADS gain on profit beats By Francesco Canepa LONDON, May 14 (Reuters) - European shares stretched...Tags: Market and Exchange, Economy, Business and Finance, Companies and Corporations, Foreign Exchange Market, Weather Reports
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Easton-Bell Sports' first-quarter sales hurt by long winter
The News-Gazette, Champaign-Urbana, Ill.VAN NUYS, Calif. -- A late spring meant fewer sales of cycling products during January, February and March, hurting Easton-Bell Sports' first-quarter results. The company, which has major manufacturing and distribution facilities on U.S. 136 east of...Tags: Vehicles, Sports, Cycling, Services and Shopping, Inventories
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Don't demonize teachers
As the Illinois pension crisis has heated up, harsh and vitriolic blame for the mess has often been directed at Illinois’ public workers—especially teachers. The teachers have been labeled as intractable, lazy fat cats who manipulated...Tags: Education, Politics, Teaching and Learning, Teachers, Pension and Welfare
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Airlines' profits fall in 4th quarter, but show improvement for all of 2012
The Wichita EagleThe nation's 10 largest airlines, as a group, recorded a net loss of $145 million in the last quarter of 2012, compared to a $602 million loss in the fourth quarter of 2011, the Department of Transportation said Tuesday. The losses came after two...Tags: JetBlue Airways, Air Transportation Industry, SkyWest Incorporated, AirTran, U.S. Airways
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BRIEF: Valspar earnings flat, as Wall Street expected
Star TribuneCiting new business deals and a recovering U.S. housing market, paint manufacturer Valspar Corp. on Tuesday reported flat second-quarter earnings and revenue that were in line with Wall Street expectations. The Minneapolis firm earned $76.9 million,...Tags: House Building
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CORRECTED-BRIEF-Unico American Q1 earnings per share $0.00
Reuters(Corrects headline and third bullet to say earnings per share was $0.00, not $0.01) May 14 (Reuters) - May 14 (Reuters) - Unico American Corp : * Reports first quarter 2013 financial results * Q1 revenue $7.9 million * Qtrly earnings per share $0.00 *...Tags: Quarterly or Semiannual Financial Statements, Unico American Corporation
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Dell moves up earnings report, stirring speculation about performance
Austin American-StatesmanIn the midst of a proposed buyout, Dell Inc. said Tuesday that it will report its latest quarterly earnings ahead of schedule -- a move that could raise speculation that the Round Rock-based computer maker's results will be dismal. The change means Dell...Tags: Dell Inc., Leveraged Buyouts, Carl Icahn, Economy, Business and Finance, Companies and Corporations
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Shuaa Capital cuts first-quarter loss to Dh5.9 million
Khaleej TimesShuaa Capital recently declared that it had recorded Dh36.2 million in revenues and that it had also reduced its loss to Dh5.9 million for the first quarter of 2013 compared to same period last year. Shuaa further reported in a statement that the...Tags: Quarterly or Semiannual Financial Statements, United Arab Emirates, Dubai (United Arab Emirates), Economy, Business and Finance, Companies and Corporations
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Molson Coors upbeat on central Europe amid wider gloom
Reuters* Potential from economic recovery, growth in premium brands * Overall markets remain tough, especially Europe * Confirms outlook for capital return from StarBev in 3-5 years By Jan Lopatka PRAGUE, May 14 (Reuters) - Denver-based brewer Molson Coors...Tags: Czech Republic
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