PORTLAND, Ore.-- Precision Castparts Corp. said Thursday its fiscal second-quarter net income rose 13 percent on demand for commercial airplane parts and the benefit of recent acquisitions. The company earned $332.7 million, or $2.29 per share, compared with $294.7 million, or $2.07 per share, a year earlier.
MILAN, Oct 12- Foreign investors have bought 70 percent of a 150 million-euro exchangeable bond issued by Italian holding company Camfin to repay debt, a source close to the matter told Reuters on Friday. The five-year bond is convertible into shares of tyre maker Pirelli, which is controlled by Camfin.
*Bond exchangeable into Pirelli shares. MILAN, Oct 12- Italian holding company Camfin, which controls Pirelli, has sold a well-received 150 million euro bond exchangeable into the tyremaker's shares. Pirelli shares, up 36 percent this year, were down 0.8 percent to 8.78 euros by 1320 GMT, while Camfin shares were down 4.4 percent to 0.4690 euro.
MILAN, Oct 12- Italian holding company Camfin, which controls tyremaker Pirelli, placed the entire amount of a fixed-rate 150 million euro bond convertible into Pirelli shares, said a person familiar with the matter. "The market was very receptive," said the person. "