Tempur-Pedic International Inc
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Some of the names on the move ahead of the open.
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LEXINGTON, Ky.-- Tempur-Pedic International Inc. said Thursday that shareholders have approved changing the company's name to Tempur Sealy International Inc.. The decision, made at the company's annual meeting, reflects its recent acquisition of fellow mattress maker Sealy Corp.. Tempur-Pedic completed the $228.6 million acquisition of Sealy on March 18.
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NEW YORK-- A look at the 10 biggest percentage decliners on New York Stock Exchange at 1 p.m.:. SolarWinds Inc. fell 11.4 percent to $42.45. ECA Marcellus Trust I fell 8.0 percent to $10.41.
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Shares in Toshiba Corp dropped as much as 7.8 percent to a four-week low of 497 yen after the Nikkei newspaper said the electronics conglomerate would likely post a worse-than-expected operating profit for the fiscal year ended March 31 due to weak TV sales.
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*Toshiba sags on report of undershooting earnings guidance. TOKYO, May 8- Japan's Nikkei average hit fresh five-year highs on Wednesday after the U.S. S&P 500 set yet another record high and German industrial orders showed unexpected strength, with Sharp Corp.
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TOKYO, May 8- The benchmark Nikkei average. Mitsubishi Estate Co fell 3.6 percent to 3,075 yen after the realtor said it sees lower-than-expected operating profit for the year ending March 2014.
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TOKYO, May 8- The benchmark Nikkei average. Sharp Corp, which supplies Apple Inc with screens for its iPhone and iPad, surged as much as 11 percent to a more than three-week high of 385 yen after the Nikkan Kogyo Shimbun paper said the company would begin mass production of liquid crystal displays for the next model of the iPhone 5 in June.
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TOKYO, May 8- Japan's Nikkei share average hit fresh five-year highs in early trade on Wednesday, aided by the U.S. S&P 500 ending at yet another record high and stronger-than-expected German industrial data. added 0.2 percent to 14,204.96, its highest since June 2008.
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TOKYO, May 8- Following are orders for Japanese stocks placed through six foreign securities houses before the start of trade on Wednesday.
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TOKYO, May 8- Japan's Nikkei share average is expected to scale fresh five-year heights on Wednesday, buoyed the S&P 500 ending at yet another record high and stronger-than-expected German industrial data. "Foreign investors just don't stop buying Japanese shares," said Kenichi Hirano, operating officer at Tachibana Securities.
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TOKYO, May 7- The Nikkei average jumped 3.6 percent on Tuesday to break above 14,000 for the first time in nearly five years, with exporters leading the gains after last week's strong U.S. jobs data eased concerns over the health of Japan's major export market. Exporters were notable gainers, with Sony Corp. advancing 6.4 percent, Toyota Motor Corp.
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Asahi Group Holdings Ltd soared 7.2 percent to a lifetime high of 2,563 yen, after the brewer said its operating profit rose 35 percent to 6.26 billion yen in the January-March quarter, thanks to strong profit growth from its domestic beverage business.
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TOKYO, May 7- The Nikkei average jumped 3.6 percent on Tuesday to break above 14,000 for the first time in nearly five years as exporters led the gains after last week's strong U.S. jobs data eased concerns over the health of Japan's major export market. The Nikkei gained 486.20 points to 14,180.24, the highest closing level since June 2008.
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TOKYO, May 7- The Nikkei average jumped 3.6 percent on Tuesday to break above 14,000 for the first time in nearly five years as exporters led the gains after last week's strong U.S. jobs data eased concerns over the health of Japan's major export market. The Nikkei gained 486.20 points to 14,180.24, the highest closing level since June 2008.
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*Nikkei rises 2.8 pct, Topix gains 2.6 pct. TOKYO, May 7- The Nikkei average jumped 2.8 percent on Tuesday to break above 14,000 for the first time since June 2008 as the market played catch-up from an extended holiday, with last week's strong U.S. jobs data easing concerns over the health of Japan's major export market.
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McDonald's Holdings Co fell 1.9 percent to 2,880 yen after the company said its operating profit for Jan-March declined 53.3 percent on year to 3.37 billion yen, hit by rising raw material costs due to the weakening yen.
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TOKYO, May 7- The benchmark Nikkei average. Idemitsu Kosan Co Ltd fell 1.9 percent to a two-week low of 7,890 yen, after the oil refiner said its operating profit fell 20 percent on the year to 110.7 billion yen in the fiscal year ended March 31, due to reduced refining margin.
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*Nikkei rises 2.8 pct, Topix gains 2.6 pct. TOKYO, May 7- Japan's Nikkei average soared 2.8 percent on Tuesday morning to break above 14,000 for the first time since June 2008 as the market played catch-up from an extended holiday, with last week's strong U.S. jobs data easing concerns over the health of Japan's biggest export market.
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Rohm Co soared 9.5 percent to a one-month high of 3,700 yen after SMBC Nikko Securities raised its rating on the electronic components maker to "neutral" from "underperform" and raised its target price to 4,300 yen from 3,600, citing improving return on equity in the mid term following the company's revisions to forecast earnings on May 2.
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TOKYO, May 7- The benchmark Nikkei average. Asahi Kasei Corp jumped 5.5 percent to 697 yen, its highest level since January 2008, after the Nikkei business daily reported that the chemical company was projected to book a record operating profit for the fiscal year ending March 2014, thanks to strong housing sales.