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  • The world's largest maker of scientific instruments said net profit rose to $551.4 million, or $1.40 per share, from $402.2 million, or $1.01 per share, a year earlier. The company now expects 2017 adjusted earnings of $9.12 to $9.28 per share, up from its earlier forecast of $9.06 to $9.24. Thermo Fisher also raised its full-year sales forecast and now expects...

  • *Spot gold may fall to $1,200/ oz- Julius Baer. LONDON, April 26- Gold recovered from a two-week low on Wednesday as speculators locked in some profit from recent losses, but some analysts expect further weakness due to easing political risks. "It's either profit taking from those who went short or bargain hunting from people who think the fall was too much, but I...

  • BEIJING, April 26- Chinese President Xi Jinping on Tuesday called for concrete efforts to maintain financial security, the official Xinhua news agency said. Xinhua said Xi made the remarks at a group study session for members of the politburo, a top decision-making body of the ruling Communist Party. Xi's remarks follow a series of measures to more closely...

  • April 24- Alaska Air Group Inc, the fifth largest U.S. carrier, reported a 46.2 percent fall in quarterly profit as its operating expenses swelled and average fares declined. Net income fell to $99 million, or 79 cents per share, in the first quarter ended March 31, from $184 million, or $1.46 per share, a year earlier. Total operating revenue rose 29.8 percent to $1.75...

  • Net income attributable to PepsiCo rose to $1.32 billion, or 91 cents per share, in the first quarter ended March 25 from $931 million, or 64 cents per share, a year earlier. The company recorded a $373 million charge related to its transaction with Tingyi Holding Corp in the year-earlier period. Revenue rose 1.6 percent to $12.05 billion, the second quarter of...

  • April 26- Anthem Inc said on Wednesday quarterly profit rose about 44 percent as it added more members to its government business, which sells Medicaid and Medicare plans, and higher premium rates. Anthem's net income rose to $1.01 billion, or $3.73 per share, in the first quarter ended March 31, from $703 million, or $2.63 per share, a year earlier.

  • April 26- Canadian oil company Cenovus Energy Inc reported a quarterly profit, compared with a year-ago loss, helped by lower operating costs and higher oil sands production. The company's net profit was C $211 million, or 25 Canadian cents per share, in the first quarter ended March 31, compared with a loss of C $118 million, or 14 Canadian cents per share, a year...

  • BEIJING, April 26- Profits of Chinese industrial firms grew more than 20 percent in the first quarter from the same period a year ago, a senior official from the country's top economic planner was quoted as saying on Wednesday. The comments from Ning Jizhe, vice chairman at the National Development and Reform Commission, came a day ahead of the official data.

  • LONDON, April 26- A 3- foot giant rabbit has died on a United Airlines flight from London, prompting a review at the Chicago- based airline which faced a global backlash this month over its treatment of a passenger who was dragged from his seat. The 10- month old rabbit named Simon, who was tipped to become one of the world's largest rabbits, was travelling to O'Hare in...

  • April 26- TE Connectivity Ltd, a Switzerland- based manufacturer of electronics and sensors, reported a higher-than-expected increase in second-quarter revenue, driven by demand in China, Japan and South Korea. TE Connectivity said a rise in automobile production and an increase in electrification of vehicles in China were among the main drivers of its sales...

  • WASHINGTON, April 26- Public pension funds in at least seven U.S. states have invested millions of dollars in an investment fund that owns a New York hotel and pays one of President Donald Trump's companies to run it, according to a Reuters review of public records. The White House referred comment to the Trump Organization, the parent conglomerate for Trump's...

  • WASHINGTON, April 26- The U.S. Congress was moving closer to crafting a deal to avoid shutting down at the stroke of midnight on Friday, but the details and even broad strokes of an agreement were still murky. Some lawmakers are optimistic they can hammer out a budget bill to take the government to the end of the current fiscal year on Sept. 30, while others see Congress...

  • *Q1 operating profit 5.71 bln SEK vs mean forecast 5.31 bln. *Q1 order intake 31.7 bln SEK vs 28.1 bln forecast. STOCKHOLM, April 26- Compressor and mining gear maker Atlas Copco beat forecasts for quarterly profit and order intake on Wednesday, boosted by strong growth in its mining and industrial businesses, and said it expected demand to improve further.

  • LONDON, April 26- Standard Chartered almost doubled its profit in the first three months of the year after a sharp fall in losses from bad loans, raising the prospect of the Asia- focused bank resuming dividend payments. StanChart said it made a pre-tax profit of $1 billion, up from $589 million in the same period a year ago. StanChart's shares rose as much as 4 percent...

  • LONDON, April 26- French luxury group Kering hit a record high on Wednesday after reporting strong sales and European shares hovered near a 20- month peak, supported by a wave of earnings results that largely outperformed market expectations. France's CAC 40 was little changed, just off the nine-year highs hit earlier this week after the investor-friendly...

  • *Suspends all Vanke, subsidiary sales in Xian. HONG KONG, April 26- The housing authority of China's Xian city on Wednesday said it has suspended sales of projects by China Vanke Co Ltd, the country's second-biggest homebuilder by sales, citing property transactions that it suspects are "against regulation." "Based on our estimate, sales from Xian accounted for...

  • LONDON, April 26- World stocks hit a record high on Wednesday after strong earnings and the prospect of tax cuts for corporate America pushed U.S. shares to stratospheric levels and the euro held on to recent gains as political concerns in France ebbed. Against a strengthening dollar, the euro held on to the bulk of the gains made earlier this week; it fell 0.13...

  • "I've noticed a few gas stations around town that are closed," said Rowan Beard of Young Pioneer Tours, a China- based company that takes Western tourists to North Korea. Vehicles which are used for work purposes have special exceptions, "Beard told Reuters in a message from North Korea. Fuel is sold by weight in North Korea.

  • LONDON, April 26- Summit Therapeutics is about to start pivotal tests of a novel antibiotic discovered by UK scientists to treat a sometimes deadly bowel infection, but Britons could be the last patients to get it after Britain leaves the EU. Some manufacturers are already seeking to write into supplier contracts a clause asserting who should shoulder the...

  • *Q1 profit in Brazil up 77 percent y/y. MADRID, April 26- Strong growth for Banco Santander in its largest market Brazil drove a 14 percent jump in group profit in the first quarter, rewarding its pivot towards Latin America in search of higher returns. Profit in Latin America shot up almost 50 percent in the quarter, compared to a 10 percent rise in continental Europe...