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Capital raised this year from new listings on Brazil's stock market is set to top $10.6bn this week - the highest January to June total in the country's history. The FT reports.
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April 25- Mead Johnson Nutrition Co reported higher quarterly earnings on Thursday, helped by strength in Asia and Latin America. The maker of Enfamil baby food said net income was $172.5 million, or 85 cents per share, in the first quarter, compared with $164.2 million, or 80 cents per share, a year earlier. Sales rose 5 percent to $1.04 billion.
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April 25- Bristol-Myers Squibb Co reported lower first-quarter earnings, in line with forecasts, thanks to unexpectedly lower taxes and sharply higher sales of its treatments for melanoma, leukemia and diabetes. The company on Thursday said it earned $609 million, or 37 cents per share, in the quarter.
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*First-quarter adj earnings/share 69 cents vs est 61 cents. April 25- Dow Chemical Co's first-quarter earnings beat analysts' estimates, helped by higher demand for its seeds and crop-protection chemicals in the Americas.
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April 25- Southwest Airlines Co reported a higher-than-expected quarterly profit on Thursday as passenger revenue rose, but cautioned that a key revenue measure would weaken in the current month. Net income came to $59 million, or 8 cents a share, for the first quarter, compared with $98 million, or 13 cents a share, a year earlier.
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April 25- U.S. weapons maker Raytheon Co on Thursday increased its profit forecast for 2013 after posting a rise in first-quarter earnings.
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April 25- Harley-Davidson Inc reported a sharply higher profit on Thursday, in line with expectations, and kept its full-year shipment forecast unchanged. The Milwaukee- based company posted a first-quarter profit of $224.1 million, or 99 cents a share, up from $172.0 million, or 74 cents a share a year before.
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April 25- Colgate-Palmolive Co posted lower quarterly profit on Thursday as sales grew but the recent devaluation of the Venezuelan bolivar led to a hefty charge. Colgate, best known for its namesake toothpaste, earned $460 million, or 97 cents per share, in the first quarter, down from $593 million, or $1.23 per share, a year earlier.
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MADRID, April 25- Santander, the euro zone's largest bank, reported a 26 percent drop in first-quarter net profit as slowing growth in some South American markets added to the gloom at home in Spain.
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The global economy is showing signs of slowing yet global stock markets are back near their highs for the year on growing expectations the ECB will soon join other central banks with a more expansionary policy.
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RIO DE JANEIRO, April 24- Brazil's Vale SA, the world's second-largest mining company, reported an 18 percent slide in first-quarter net profit as bigger-than-expected cuts in operating costs failed to offset lower sales and a hit from taxes and foreign exchange.
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HONG KONG, April 25- Hong Kong shares are set to start at a three-week high on Thursday, with China Minsheng Bank jumping 5.7 percent after reporting positive quarterly earnings, with several from other bellwether Chinese companies due later in the day. The Hang Seng Index was set to open up 0.5 percent at 22,298.6, its highest since April 3.
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HONG KONG, April 25- Hong Kong shares could start steady on Thursday ahead of a slew of first quarter earnings from bellwether Chinese companies ranging from Chinese oil majors PetroChina and Sinopec Corp to Bank of China.
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SAN FRANCISCO, April 24- Leading mobile chipmaker Qualcomm forecast earnings below expectations on Wednesday as competition in smartphones intensifies and shifts toward Asia, and its stock fell sharply.
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NEW YORK, April 24- A U.S. judge ruled on Wednesday that Arab Bank Plc must face claims in a U.S. court that it provided material support to the Palestinian group Hamas, lawyers said.
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NEW YORK, April 24- Boeing Co's first-quarter earnings jumped nearly 20 percent, handily beating analysts' estimates and showing little impact from the 787 Dreamliner problems, sending the company's shares ended up more than 3 percent.
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*At issue is $529 mln loan California carmaker received in 2009. April 24- Taxpayer-backed funds kept flowing to electric carmaker Fisker Automotive months after the company failed to meet key production benchmarks, lawmakers said at a congressional hearing on Wednesday.
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RIO DE JANEIRO, April 24- Brazil's Vale SA, the world's second-largest mining company, said on Wednesday that first quarter net profit fell 18 percent from a year earlier, beating expectations.
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April 24- Emergency Medical Services Corp, the largest U.S. provider of ambulance services, has selected underwriters for a $750 million initial public offering, two people familiar with the matter said on Wednesday.
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SAN FRANCISCO, April 24- Leading cellphone chipmaker Qualcomm raised its full-year revenue forecast as demand for smartphones continues to grow, but its estimate for full-year earnings was shy of expectations and its shares fell sharply.
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The SEC said Capital One failed to properly account for losses in the second and third quarters of 2007, even though the bank's auto lending arm was facing much higher delinquencies than it originally forecast. Capital One's auto loan business relied on loans to subprime borrowers, the SEC said.
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