Dutch group Stork Q1 net up 2 pct, aviation weak

(Reuters) - AMSTERDAM, April 26 - Dutch industrial group Stork NV said on Thursday first-quarter net profit rose 2 percent, at the low end of expectations, as weak earnings from its aerospace unit offset robust results from other divisions.

Net profit increased to 19 million euros , compared with forecasts ranging from 18 million to 23 million euros in a Reuters poll of five analysts. Earnings before interest and tax were up 5 percent to 25 million euros.


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Israeli TA-25 Benchmark Index Reaches Record High: World's Biggest Mover

(Bloomberg) -- Israel's benchmark stock index climbed for a third day. Africa Israel Investments Ltd., a holding company controlled by Israeli diamond billionaire Lev Leviev, led gains.

The TA-25 Index added 18.29, or 1.7 percent, to 1080.22 at 11:12 a.m. in Tel Aviv, posting the biggest fluctuation among equity markets included in global benchmarks.


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Lincoln National explores sale of unit: WSJ

(Reuters) - Lincoln could not immediately be reached for comment.




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Emirates airline profit jumps, may buy more A380s

(Reuters) - Emirates Chairman Sheikh Ahmed bin Saeed al-Maktoum said the airline was close to a compensation deal with Airbus on its delayed A380s and may buy more of the aircraft.

"We are very close to completing in the next few weeks the compensations," he told reporters in Dubai. "In terms of cancelling the A380s, no. Maybe we are buying more," he added.


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UPDATE 1-Dutch group Stork Q1 net up 2 pct, aviation weak

(Reuters) - Net profit increased to 19 million euros , compared with forecasts ranging from 18 million to 23 million euros in a Reuters poll of five analysts. Earnings before interest and tax were up 5 percent to 25 million euros.

Stork said Aerospace Industries would continue to be weak for the rest of the year and possibly into 2008.


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NYSE Group quarterly profit rises

(Reuters) - NYSE Euronext said that because the combination between NYSE Group and European stock exchange operator Euronext NV was consummated on April 4, the first-quarter results include the full-quarter results from the operations of NYSE Group only.




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UPDATE 1-TSMC posts weak Q1 profit, but recovery in place

(Reuters) - TAIPEI, April 26 - TSMC , the world's top contract chip maker, posted its smallest profit in seven quarters on poor chip demand, but the downturn is near bottom as new PCs and consumer products fly off store shelves.

Armed with its economic scale that yields higher profit margins, analysts say Taiwan Semiconductor Manufacturing Co. Ltd.


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