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Associated British Foods (ASBFY.PK, ABF.L) reported profit before taxation of 434 million pounds for the 24 weeks ended 1 March 2014, compared to 411 million pounds, previous year. Profit to equity shareholders increased to 341 million pounds from 304 million pounds. Earnings per ordinary share was 43.2...

ARM Holdings Plc (ARMH, ARM.L) Wednesday reported first-quarter profit before tax of 78.0 million pounds, higher than 67.1 million pounds in the previous year. On a per share basis, earnings were 4.4 pence, compared to 3.7 pence per share last year. Normalised earnings increased to 5.60 pence from...

BHP Billiton Ltd (BHP, BHP.AX, BBL, BLT.L) announced Wednesday that it officially opened its new Jimblebar iron ore mine 40 kilometres east of Newman in the Pilbara region of Western Australia. BHP Billiton President Iron Ore Jimmy Wilson, was joined by the Premier of Western Australia, the Hon. Colin...

B/E Aerospace, Inc. (BEAV), a manufacturer of aircraft cabin interior products and provider of aerospace fasteners, consumables and logistics services, reported that net earnings for the first quarter of 2014 increased to $109.0 million from the prior year's $89.9 million, with earnings per share improving...

Anglo-Dutch publishing and events company Reed Elsevier Plc. (REL.L, RUK, ENL) Wednesday said its first-quarter underlying revenue growth rates, excluding biennial exhibition cycling, remained broadly consistent with full year 2013. The company also said its fiscal 2014 outlook remains unchanged. Going...

French software company Dassault Systemes SA (DASTY.PK) on Wednesday again extended its public tender offer for all shares of U.S.-based Accelrys Inc. (ACCL) to April 28. Dassault Systemes, a provider of 3D design software, in late January offered to pay $12.50 for each Accelrys share in cash. Except...

Ericsson (ERIC) reported that its first-quarter net income to shareholders of the parent company increased to SEK 2.12 billon from SEK 1.20 billion. Earnings per share was SEK 0.65, compared to SEK 0.37. Non-IFRS earnings per share was SEK 0.90, compared to SEK 0.99, a year ago. Net sales decreased...

Swedish telecommunications firm TeliaSonera AB (0H6X.L, TLSNY.PK) reported Wednesday a decline in first-quarter profit, with lower sales in all segments. Looking ahead, President and CEO Johan Dennelind said, "We reiterate our full-year outlook regarding organic revenues and EBITDA margin at approximately...

Novartis International AG (NVS) reported that new analyses of pooled data from the FREEDOMS and FREEDOMS II trials showed the consistent efficacy of Gilenya (fingolimod) on four key measures of multiple sclerosis disease activity - reducing relapses, new MRI lesion counts, brain volume loss and disability...

Swedish telecommunications firm TeliaSonera AB (0H6X.L, TLSNY.PK) Wednesday said first-quarter net income attributable to owners of the parent company decreased 4.0 percent to 3.945 billion Swedish kronor from 4.108 billion kronor in the previous year. Earnings per share slipped to 0.91 krona from 0.95...

General Motors Co. (GM) Tuesday announced a restructuring of its Global Engineering operations, adding that John Calabrese, vice president of Global Vehicle Engineering, has elected to retire. The changes follow massive recalls announced by the automaker in the recent past. According to GM, the restructuring...

Oil giant BP Plc. (BP.L, BP_UN.TO, BP) Tuesday said it has agreed to sell interests in four BP-operated oilfields on the North Slope of Alaska to Hilcorp, a privately-held independent oil and natural gas exploration and production company. The sale agreement includes all of BP's interests in the...

Germany's biggest lender Deutsche Bank AG (DB) is reducing its equities team in Latin America and considering closing its equities business in Chile as part of its efforts to cut costs, Bloomberg reported Tuesday citing two people with knowledge of the matter. According to the Bloomberg report, Deutsche...

Popular Inc. (BPOP), the largest bank in Puerto Rico, is in advanced discussions to sell some of its mainland U.S. branches, The Wall Street Journal reported, citing people familiar with the matter. The bank's Rosemont, Illinois-based subsidiary, which has about $8 billion in assets, is likely to...

Satellite television operator Dish Network Corp. (DISH) is set to launch Internet television service in the U.S. this summer before September, according to a Bloomberg report on Tuesday. Dish is reportedly looking to offer an internet streaming service with all of cable TV's best content at a subscription...