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Molycorp rises after smaller than expected loss
(Reuters) – Shares of Molycorp Inc soared more than 30 percent on Friday, a day after the rare earths producer reported a narrower-than-expected loss for the first quarter.
China reports four more bird flu deaths, toll rises to 31
BEIJING (Reuters) – Four more people in China have died from a new strain of bird flu, bringing to 31 the number of deaths from the mysterious H7N9 virus, with the number of infections rising by two to 129, according … Continue reading
UK’s FTSE rises to near 6-year highs as miners rebound
* FTSE 100 fails to break past earlier March closing high
Berkshire Hathaway first-quarter profit rises 51 percent
OMAHA, Nebraska (Reuters) – Warren Buffett’s company Berkshire Hathaway Inc on Friday said first-quarter profit rose nearly 51 percent, helped by improved results in insurance and gains from its investments and derivative contracts.
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UPDATE 1-Franklin Resources net income rises
April 30 (Reuters) – Asset manager Franklin Resources Inc on Tuesday said its fiscal second-quarter profit rose 14 percent on higher assets under management.
WRAPUP 3-Four arrested as Bangladesh building toll rises to 341
* Owner of collapsed building on run, border authorities alerted
Boeing stock rises as Dreamliner crisis nears end
NEW YORK (Reuters) – Investors sent Boeing Co’s stock higher on Friday as regulators appeared poised to end a three-month grounding of the high-tech airliner that cost millions of dollars and hurt…
UPDATE 1-Boeing stock rises as Dreamliner crisis nears end
April 19 (Reuters) – Investors sent Boeing Co’s stock higher on Friday as regulators appeared poised to end a three-month grounding of the 787 Dreamliner that cost millions of dollars and hurt the…
U.S. Bancorp quarterly profit rises 7 pct
April 16 (Reuters) – U.S. Bancorp, the fifth-largest U.S. commercial bank by assets, reported a 7 percent increase in quarterly profit, largely due to lower provisions for credit losses and a drop in non-interest expenses.
Taylor Morrison Home rises on market debut
(Reuters) – Shares of private equity-backed homebuilder Taylor Morrison Home Corp rose as much as 8 percent on market debut, as IPOs by homebuilders continued to find favor with investors amid a…