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Huntsman Corp. (HUN) announced that, as a result of the strong first-quarter earnings and improving outlook for the remainder of the year, the company now expects to generate more than $450 million of free cash flow in 2017. The company said it continues efforts to separate Pigments and Additives division...

Thermo Fisher Scientific Inc. (TMO) reported Wednesday that its first-quarter net income climbed to $551.4 million from last year's $402.2 million. Earnings per share increased 39% to $1.40 from $1.01 last year, in part reflecting a one-time tax benefit. Adjusted earnings per share were $2.08, compared...

Investment firm KKR & Co. (KKR) Wednesday announced that HKE Holdings G.K., an entity owned by investment funds managed by KKR, intends to make a tender offer for the shares of Hitachi Kokusai Electric Inc. Hitachi Kokusai operates two business segments: a Video and Communication Solutions business...

United Microelectronics Corp. (UMC) Wednesday reported a surge in first quarter net profit attributable to stockholders to NT$2.286 billion from NT$210 million last year. Earnings per share climbed to NT$0.19 from NT$0.02 in the same quarter last year. Earnings per ADS for the quarter rose to $0.31 from...

Standard Chartered Plc (SCBFF.PK, STAC.L, STAN.L) Wednesday said its profit for the first quarter rose to $990 million from $500 million last year. The results included restructuring charges of $55 million relating primarily to Principal Finance losses. Excluding restructuring charges, the Group's...

British American Tobacco plc (BATS.L) on Wednesday announced the proposed interim dividend timetable for the year ending December 31, 2017 and the introduction of quarterly dividend payments from 2018. The company noted that with effect from 2018, it will move to four interim quarterly dividend payments....

Spanish utility Iberdrola (IBDSF.PK) reported Wednesday that its first-quarter net profit declined 4.7 percent to 827.6 million euros from 868.7 million euros last year. Earnings before interest and tax was down 17.8% from last year to 1.03 billion euros. Consolidated EBITDA, a key earnings metric,...

Tullow Oil Plc. (TLW.L) issued a trading update for the period from 1 January to 26 April 2017. Ahead of its annual general meeting today, Tullow Oil noted that its West Africa working interest oil production for the first quarter of 2017 averaged 85,700 bopd, in line with expectations. In Europe,...

Millicom International Cellular S.A. (MICC, MIICF.PK) reported that its first-quarter net profit was $24 million, down 37.8 percent from $38 million a year ago. Earnings per share were $0.24, compared to $0.38 per share last year. However, adjusted net profit was $24 million or $0.24 per share, compared...

Digital camera maker Canon Inc. (CAJ) reported Wednesday that its first-quarter net income attributable to the company was 55.09 billion Japanese yen or $491.87 million, up 96.8 percent from last year's 27.99 billion yen. Earnings per share were 50.44 yen or $0.45, higher than 25.63 yen a year ago. Operating...

CRH plc (CRH, CRH.L) reported a satisfactory start to 2017 with first-quarter sales up 4% compared with a strong first quarter of 2016 which benefited from very mild weather conditions across all major markets. Like-for-like Group sales for the first quarter increased by 3%. Looking forward, overall,...

Miner Antofagasta Plc. (ANFGY.PK, ANTO.L) reported Wednesday that its first-quarter copper production increased 9.4% to 171.9 thousand tonnes from last year's 157.1 thousand tonnes, with higher production at Centinela, and Antucoya now operating at full production. Gold production was 53,300 ounces,...

GKN plc (GKN.L) issued a trading update for the period since January 1, 2017. The company noted that overall in the first quarter, the Group achieved good organic sales growth as well as continued to benefit from currency translation, with the automotive market performing better than expected and growth...

Dutch telecommunication firm Royal KPN NV (KPN, KKPNY.PK) reported Wednesday that its first-quarter net profit surged 92 percent to 92 million euros from last year's 48 million euros. EBITDA, a key earnings metric, declined 0.5 percent to 556 million euros. Adjusted EBITDA improved 2.8 percent from...

Banco Santander S.A. (BNC.L, BSBR, SAN), a Spanish retail and commercial bank, reported Wednesday that its first-quarter attributable profit increased 14.3 percent to 1.87 billion euros from last year's 1.63 billion euros. Earnings per share grew 13.6 percent to 0.122 euros from 0.108 euros a year ago. All...

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