Thursday, May 3, 2007

UPDATE 1-OM Group first-quarter profit soars, shares rise

(Reuters) - Net income in the quarter rose to $114.8 million or $3.85 a share, compared with $18.2 million, or 62 cents a share, in the year-ago period.

Shares of the company rose $4.00, or 7.55 percent, to $57.01 in early trade on the New York Stock Exchange.


Read more at Reuters.com Mergers News

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