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Wires

  • *Macron, Le Pen win first round of French vote. LONDON, April 24- Copper rose on Monday as centrist candidate Emmanuel Macron's victory in the first round of the French elections boosted appetite for cyclical assets, sending stock markets sharply higher. Sunday's vote, which could pave the way for pro-EU Macron to beat right-wing rival Marine Le Pen in a deciding...

  • April 24- Home Capital Group Inc said founder and former CEO Gerald Soloway, who has been accused by regulators of making "materially misleading statements" to investors, will step down from the board once a replacement is found. The Ontario Securities Commission on Wednesday accused Home Capital, Canada's biggest non-bank mortgage lender, of making "...

  • WAYZATA, Minn. _ TCF Financial Corp. on Monday reported first-quarter profit of $46.3 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 26 cents per share. Five analysts surveyed by Zacks expected $327.6 million.

  • GRAND RAPIDS, Mich. _ Independent Bank Corp. on Monday reported first-quarter profit of $6 million. Independent Bank shares have decreased almost 2 percent since the beginning of the year. Keywords: Independent Bank, Earnings Report.

  • COSTA MESA, Calif. _ Pacific Mercantile Bancorp on Monday reported net income of $1.8 million in its first quarter. The bank, based in Costa Mesa, California, said it had earnings of 8 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • RICHARDSON, Texas _ Lennox International Inc. on Monday reported first-quarter net income of $43.5 million. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of 77 cents per share. Fifteen analysts surveyed by Zacks expected $747.1 million.

  • DUBAI, United Arab Emirates— Aircraft leasing company Dubai Aerospace Enterprise has agreed to buy rival AWAS, more than tripling the size of its fleet. DAE said Monday it agreed to buy the Dublin- based company from funds managed by its shareholders, Terra Firma Capital Partners and the Canadian Pension Plan Investment Board. DAE is majority-owned by the Dubai...

  • NOVATO, Calif. _ Bank of Marin Bancorp on Monday reported first-quarter net income of $4.5 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 80 cents per share. Three analysts surveyed by Zacks expected $20.2 million.

  • GLENVIEW, Ill. _ Illinois Tool Works Inc. on Monday reported first-quarter earnings of $536 million. Illinois Tool Works expects full-year earnings to be $6.20 to $6.40 per share. Illinois Tool Works shares have climbed 10 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed nearly 5 percent.

  • *OPEC looks set to extend output cuts through 2017. LONDON, April 24- Oil prices recovered some lost ground on Monday after big losses last week, driven by expectations that OPEC will extend output cuts till the end of 2017, although a rise in U.S. drilling capped gains. Leading Gulf oil exporters Saudi Arabia and Kuwait gave a clear signal at a conference in Abu Dhabi...

  • *Soybeans reach highest since March 30 at $9.68/ bushel. SINGAPORE/ PARIS, April 24- Chicago soybean futures climbed for a second session on Monday to a three-week high, supported by a weaker dollar and short-covering by investors. The Chicago Board Of Trade's most active soybean contract was up 0.7 percent at $9.67-3/ 4 a bushel, having peaked at $9.68-3/ 4 a bushel,...

  • CHARLESTON, W.Va. _ City Holding Co. on Monday reported first-quarter earnings of $16 million. City Holding shares have dropped slightly since the beginning of the year. Keywords: City Holding, Earnings Report.

  • WESTERLY, R.I. _ Washington Trust Bancorp Inc. on Monday reported first-quarter net income of $11.8 million. The holding company for The Washington Trust Co. posted revenue of $50.2 million in the period. Keywords: Washington Trust Bancorp, Earnings Report.

  • DALLAS _ Kimberly-Clark Corp. on Monday reported first-quarter profit of $563 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.54 per share. Five analysts surveyed by Zacks expected $4.51 billion.

  • *Polls showed pro-EU Macron is expected to beat right-wing rival Marine Le Pen in a deciding vote next month, reducing the chances of France taking a Britain- like shock step to exit the Union. *Even as tensions in North Korea, the French election and a flagging "Trump trade" have weighed on sentiment in recent weeks investors have held on, encouraged by a strong...

  • *Qatar Airways apply for Indian airline licence. *Qatar Airways close to Italy's Meridiana deal. DUBAI, April 24- Qatar Airways plans to start direct flights to San Francisco early next year as part of efforts to expand its routes into the United States.

  • ABU DHABI/ KUALA LUMPUR, April 24- Abu Dhabi and Malaysia have resolved a debt dispute that threatened bilateral economic ties, with a conditional $1.2 billion deal following a legal challenge by the Gulf state. IPIC asked a London court to arbitrate last year in a dispute with 1 MDB in which the Abu Dhabi group claimed about $6.5 billion. IPIC had guaranteed bonds...

  • ATHENS, Greece— Representatives of Greece's international creditors are due in Athens to restart talks on further cutbacks required under the country's bailout deal. A European Commission spokesman says that the officials are returning to Athens on Monday, and will aim to reach a preliminary deal "as soon as possible." Conclusion of the talks will clear the way...

  • April 24- Halliburton Co reported quarterly profit and revenue that edged past analysts' estimates as a surge in drilling activity in North America pushed up demand for its pressure pumping and well-construction services. Analysts had sharply lowered their estimates after Halliburton warned last month of higher costs and weak demand in markets outside...

  • LONDON, April 24- British factories saw their strongest export orders in six years in early 2017, helped by sterling's fall after the Brexit vote, but they are also scaling back on investment plans, a survey showed on Monday. The Confederation of British Industry's quarterly measure of manufacturing showed how last year's referendum decision to leave the...