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  • USA Today publisher Gannett's revenue rises 5 pct Tuesday, 21 Apr 2015 | 8:24 AM ET

    April 21- Gannett Co Inc, publisher of USA Today, reported a 5 percent rise in quarterly revenue, helped by increased broadcasting revenue. Net income attributable to Gannett rose to $112.9 million, or 49 cents per share, in the first quarter ended March 29, from $59.2 million, or 25 cents per share, a year earlier. Gannett's broadcasting revenue rose 3.8 percent to...

  • PRECIOUS-Gold edges above $1,200 as dollar pares gains Tuesday, 21 Apr 2015 | 8:23 AM ET

    *India celebrates gold-buying festival of Akshaya Tritiya. LONDON, April 21- Gold edged back above $1,200 an ounce on Tuesday as the dollar pared early gains, though prices remained under pressure as a rally in global equities diverted some interest from the metal. "Gold is consolidating above its 50- day moving average after yesterday's test of it at the close."

  • Baker Hughes reports quarterly loss on $772 mln charge Tuesday, 21 Apr 2015 | 8:17 AM ET

    April 21- Oilfield services provider Baker Hughes Inc, which is in the process of being acquired by Halliburton Co for $35 billion, posted a quarterly loss compared with a year-earlier profit as it recorded a $772 million charge related to restructuring and other items. Baker Hughes said it would cut 10,500 jobs, or 17 percent of its global workforce, up from 7,000...

  • April 21- Under Armor Inc reported a 13.4 percent fall in first-quarter profit as costs rose following a pair of acquisitions and the sports apparel maker issued an updated full-year revenue forecast that fell short of market expectations. The company, which recently dislodged Adidas AG as the No. 2 sports footwear and clothing brand by sales in the United...

  • BENGALURU, April 21- Wipro Ltd, India's third-biggest software services exporter, has appointed the son of billionaire founder Azim Premji to its board, in a long awaited promotion that moves the chairman's heir apparent closer to the top spot. Rishad Premji, eldest son and a Harvard Business School graduate, was already Wipro's chief strategy officer.

  • MOSCOW, April 21- Russia's VTB bank will apply for 300 billion roubles in government bonds as part of its capitalisation plan, Russian Deputy Finance Minister Alexei Moiseev said on Tuesday.

  • April 21- Kimberly-Clark Corp reported better-than-expected quarterly profit as it cut costs and raised prices for its personal care products, such as Huggies diapers and Poise and Depend adult diapers. Kimberly-Clark also benefited from cost savings of $10 million due to a restructuring program started in 2014.. Net income attributable to...

  • *Q1 net income $1.13/ share vs $1.54/ share year earlier. Dupont, which receives 60 percent of 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 said it expects full-year operating earnings to be at the low end of its forecast of $4.00- $4.20 per...

  • Arch Coal's loss narrows on lower costs Tuesday, 21 Apr 2015 | 7:55 AM ET

    April 21- U.S. miner Arch Coal Inc reported a smaller quarterly loss as the company kept a tight leash on costs amid falling prices. The company's net loss narrowed to $113.2 million, or 53 cents per share, in the first quarter ended March 31, from $124.1 million, or 59 cents per share, a year earlier. Revenue fell 8 percent to $677 million.

  • ZURICH, April 21- U.S. shareholder adviser ISS has recommended Holcim investors back the Swiss cement maker's proposed merger with France's Lafarge ahead of next month's vote on the deal, a source familiar with the recommendation told Reuters on Tuesday. The recommendation comes before an extraordinary general meeting on May 8 where Holcim needs the backing...

  • 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,...

  • 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...

  • *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...

  • 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- 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...

  • 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...