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  • April 21- Property and casualty insurer Travelers Cos Inc reported a 21 percent fall in quarterly net profit due to lower net investment income and a drop in underwriting gains. The company said net income fell to $833 million, or $2.55 per share, for the first quarter ended March 31, from $1.05 billion, or $2.95 per share, a year earlier. Pretax net investment income...

  • April 21- Lockheed Martin Corp, the Pentagon's No. 1 weapons supplier, reported a 6 percent fall in quarterly profit, partly due to fewer aircraft deliveries. The company raised its 2015 earnings forecast to $10.85- $11.15 per share from $10.80- $11.10, and reiterated its revenue forecast of $43.50 billion- $45.00 billion. Lockheed's net income fell to $878 million,...

  • *Tele2 Q1 core earnings beat expectations, TeliaSonera in line. STOCKHOLM, April 21- A battle being played out in Kazakhstan between Sweden's two leading mobile operators has intensified this year as Tele2 slowly makes up ground on market leader TeliaSonera. TeliaSonera has been in the country for more than a decade, while Tele2 entered in 2010 and is investing...

  • April 21- Omnicom Group Inc, the No. 1 U.S. advertising company, reported its first fall in quarterly revenue after four years, hurt by a strong dollar and stiff competition in overseas markets. Omnicom, which gets a little less than half of its revenue from outside the United States, had warned it would be hurt by a strong dollar, which has risen about 9 against a basket...

  • TD Ameritrade profit falls 2.6 pct on higher expenses Tuesday, 21 Apr 2015 | 7:44 AM ET

    April 21- Discount broker TD Ameritrade Holding Corp reported a 2.6 percent fall in quarterly profit, hurt by higher expenses. The company's net income fell to $189 million, or 35 cents per share, for the second quarter ended March 31, from $194 million, or 35 cents per share, a year earlier. Net new assets rose to $16.3 billion, up from $12.2 billion a year earlier.

  • *Discretion can impair comparability- Basel Committee. LONDON, April 21- Global regulators have jettisoned a string of national "waivers" from bank capital rules to help restore credibility in benchmark ratios published by lenders. "National discretion allows countries to adapt the Basel standards to reflect differences in local financial systems," the...

  • April 21- Lockheed Martin Corp, the Pentagon's No. 1 weapons supplier, reported a 6 percent fall in quarterly profit, partly due to fewer aircraft deliveries. The company's net income fell to $878 million, or $2.74 per share, in the first quarter ended March 29, from $933 million, or $2.87 per share, a year earlier. Revenue fell 5.1 percent to $10.1 billion.

  • *China wealth market now bigger than Germany for UBS-Zeltner. HONG KONG, April 21- Swiss bank UBS is looking to grow wealth assets in Asia-Pacific to the tune of 15 percent annually as it builds its presence in China and consolidates its leading position in the region. The main driver of growth in Asia was undoubtedly Chinese wealth, with China now representing UBS'...

  • *Fourth UAE bank to report double-digit earnings growth. DUBAI, April 21- Abu Dhabi Commercial Bank posted a 31 percent increase in first-quarter net profit on Tuesday, beating analysts' forecasts, boosted by strong returns from fees and lending. It made a net profit attributable to equity shareholders of 1.25 billion dirhams in the three months ended March 31,...

  • Kimberly-Clark's quarterly sales fall 4 pct Tuesday, 21 Apr 2015 | 7:20 AM ET

    April 21- Kimberly-Clark Corp reported a 4 percent fall in quarterly sales as demand for personal care products such as Huggies diapers fell for the third straight quarter in North America and a strong dollar hurt sales in other markets. Net income attributable to Kimberly-Clark fell to $468 million, or $1.27 per share, in the first quarter ended March 31 from...

  • US STOCKS-Futures up as weak earnings worries fade Tuesday, 21 Apr 2015 | 7:18 AM ET

    April 21- U.S. stock index futures rose on Tuesday after earnings results by companies including IBM helped ease fears of a disappointing earnings quarter. *IBM shares were up 0.7 percent at $167.25 in premarket trading after its earnings exceeded low expectations on Monday as it shed unprofitable businesses to focus on cloud-computing.

  • Under Armour profit falls 13.4 pct Tuesday, 21 Apr 2015 | 7:15 AM ET

    April 21- Sports apparel maker Under Armour Inc reported a 13.4 percent fall in quarterly profit, hurt by higher costs related to its recent acquisitions. Under Armour in February acquired two fitness tracking services, Endomondo and MapMyFitness, for about $560 million. Under Armour's revenue rose about 25.5 percent to $804.9 million.

  • Under Armor profit falls 13.4 pct Tuesday, 21 Apr 2015 | 7:15 AM ET

    April 21- Sports apparel maker Under Armor Inc reported a 13.4 percent fall in quarterly profit, hurt by higher costs related to its recent acquisitions. Under Armor in February acquired two fitness tracking services, Endomondo and MapMyFitness, for about $560 million. The company's net income fell to $11.7 million, or 5 cents per share, in the first quarter ended...

  • April 21- Omnicom Group Inc, the No. 1 U.S. advertising company, reported a 0.9 percent fall in quarterly revenue, hurt by stiff competition in overseas markets. Omnicom, owner of agencies such as BBDO Worldwide, TBWA Worldwide and Goodby and Silverstein& Partners, said total revenue fell to $3.47 billion. Net income attributable to the company rose to $209.1 million,...

  • *OPEC meets on June 5. KHOBAR, Saudi Arabia, April 21- Venezuela's oil minister heads a delegation to meet Saudi Arabian oil officials on Tuesday, coming from talks in Iran, in an OPEC diplomatic tour as its need for higher oil prices gains urgency. Its need for OPEC to cut supply to support prices has failed to shift the stance of Saudi Arabia and its Gulf OPEC allies,...

  • *Firm warned investors on April 16 about possibly missing payment. SHANGHAI, April 21- A power company in China failed to make an interest payment on a bond on Tuesday marking the first time a state-owned firm has been allowed to default and adding to evidence that Beijing is slowly withdrawing its sovereign guarantee of low-quality bonds.

  • Dupont, which receives 60 percent of its sales from outside the United States, said it expects a strong dollar to reduce its 2015 profit by 80 cents per share, higher than its earlier forecast of 60 cents. The company, which is locked in a proxy battle with activist investor Nelson Peltz, also raised its quarterly dividend to 49 cents per share from 47 cents on Tuesday.

  • *Global nutraceutical market seen at $280 bln by 2018. LONDON, April 21- A boom in "nutraceuticals"- food and drinks with potential health benefits- is paving the way for a rush of deals, as food and drug companies compete to dominate a market expected to be worth $280 billion by 2018.. "The space is ripe for M&A and I think you are going to see more," added Jeremy Johnson,...

  • Russia wants predictable rouble rate - PM Medvedev Tuesday, 21 Apr 2015 | 6:37 AM ET

    MOSCOW, April 21- Russia wants a predictable rouble exchange rate without excess weakening or strengthening of the currency, Prime Minister Dmitry Medvedev told parliament on Tuesday. "Our currency is strengthening now, which is not bad for a number of sectors of the economy. But that also lowers our exporting capabilities to some extent, so we are interested in...

  • *Role makes subsequent move to Bank of France easier. PARIS, April 21- Top BNP Paribas banker Francois Villeroy de Galhau emerged as a possible candidate to replace the retiring governor of the Bank of France on Tuesday as he was named to lead a new state-sponsored investment drive. Villeroy de Galhau will step down as one of the two chief operating officers at...