NASA is sending a 3- D printer to the International Space Station in hopes that astronauts will be able to one day fix their spacecraft by cranking out spare parts on the spot. Besides real-time replacement parts at the station, NASA envisions astronauts, in the decades ahead, making entire habitats at faraway destinations like Mars.» Read More
The devaluation of the Venezuelan currency has hurt many companies including Ford Motor Co, Procter& Gamble Co and Mondelez International Inc, the maker of Cadbury and Oreo, as it reduces the value of sales in the Latin American country.
LONDON, April 25- British retail sales unexpectedly chalked up modest growth in March, bucking weak industry data and adding to signs that a consumer-led economic recovery is taking hold. Retail sales volumes edged up by 0.1 percent last month, the Office for National Statistics said, beating economists' expectations for a 0.4 percent decline.
CAMBRIDGE, England, April 25- Talk of a $100 billion bid by U.S. drugmaker Pfizer for its British rival AstraZeneca is "a commercial matter between the companies", Britain's finance minister George Osborne said on Friday. Both companies have declined to comment on a weekend newspaper report that AstraZeneca spurned an approach from Pfizer earlier this year.
PARIS, April 25- General Electric is in talks with Alstom to take over its global power business and a deal could be announced in the coming days, two sources familiar with the matter said on Friday. The power business accounts for nearly three quarters of Alstom's 20.3 billion euro revenue.
*Q1 earnings per share 99 cents vs est of $1.00/ shr. April 25- State Street Corp, the world's second-largest custody bank, reported a 22 percent fall in first-quarter profit, mainly due to higher expenses related to recent job cuts.
LONDON, April 25- Base metals prices were under pressure from the deepening crisis in Ukraine on Friday, but copper bucked the trend, edging up to a seven-week high on rising seasonal demand in top metals consumer China. A war of words ratcheted up after both Russia and Ukraine deployed troops close to their frontier.
*Q1 adj shr $1.84 vs est $1.70. Production was up 6 percent in North America and 7 percent in Europe and Africa, Lear said. Ford Motor Co, General Motors Co and BMW AG are Lear's largest customers and made up about 54 percent of its sales in 2013..
On a day of credit updates scheduled for three of the bloc's top four economies, Standard& Poor's affirmed its ratings on France, while Fitch raised its outlook on Italy and was expected to boost its view of Spain after Europe's markets close.
*Belgium's Verhofstadt running for European Commission president. BRUSSELS, April 25- The European Union must not retreat behind national borders to pull out of its economic slump, said Guy Verhofstadt, a prominent supporter of a federal Europe who is seeking the presidency of the European Commission.
LONDON, April 25- Investors are switching their attention back to developing countries' debt after flirting with U.S. and European junk bonds during a year of turbulence in emerging markets.
April 25- Prestige Brands Holdings Inc, a marketer and distributor of healthcare and cleaning products, said it would buy rival Insight Pharmaceuticals Corp for $750 million in cash to expand its range of feminine care products.
DETROIT, April 25- Ford Motor Co posted lower-than-expected first-quarter profit on Friday as the No. 2 U.S. automaker saw higher warranty costs in North America for older vehicles by $400 million. Net income fell 39 percent to $989 million, or 24 cents a share, from $1.61 billion, or 40 cents a share, in the year-earlier period.
*Microsoft shares rise after results, Amazon down. NEW YORK, April 25- U.S. stock index futures edged lower on Friday as intensifying violence in Ukraine and weakness in Amazon.com overshadowed positive results from Microsoft Corp.. *Amazon fell 2 percent to $330.25 after posting a jump in revenue that was offset by sharp increases in spending.
KHABAROVSK, Russia, April 25- As Washington and its European allies discuss extending sanctions against Moscow for its actions in Ukraine, Russia's Agriculture Minister told reporters on Friday that higher food imports from other countries would make up for any EU cuts.
April 25- State Street Corp, the world's second-largest custody bank, reported a 22 percent fall in quarterly profit, mainly due to higher operating expenses. The net income available to common shareholders fell to $356 million, or 81 cents per share, in the first quarter ended March 31, from $455 million, or 98 cents per share, a year earlier.
April 25- Lear Corp, a maker of auto seats and electrical power systems, posted a 12 percent rise in quarterly profit, driven by an increase in global vehicle production. Net income attributable to Lear rose to $122 million, or $1.47 per share, in the first quarter ended March 29 from $108.5 million, or $1.13 per share, a year earlier.
From 2003, developers flocked to register projects such as destroying heat-trapping waste gases at Chinese chemical plants or installing hydroelectric power stations in Brazil, and made huge profits by selling the resulting carbon credits for up to 22 euros a tonne in 2008..
April 25- Colgate-Palmolive Co reported a 16 percent drop in quarterly profit, hurt by a one-time charge related to the fall in value of the Venezuelan bolivar. The company's net profit fell to $388 million, or 42 cents per share, in the quarter ended March 31, from $460 million, or 48 cents per share, a year earlier.
Such manufacturers are drawn by cheaper property rates than the crowded oil centre of Aberdeen in Scotland combined with the heavy-lifting facilities and easy access to the North Sea offered by old Tyneside shipyards like Neptune.
DETROIT, April 25- Ford Motor Co posted lower-than-expected first-quarter profit on Friday as the No. 2 U.S. automaker increased warranty reserves in North America for older vehicles by $400 million. Net income fell 39 percent to $989 million, or 24 cents a share, from $1.61 billion, or 40 cents a share, in the year-earlier period.