ARM's Q1 profit in line, to step up share buybacks

(Reuters) - The market had expected the company to report pretax profit of 21.6 million pounds on revenues of 67.4 million, according to average forecasts in a poll of 17 analysts supplied by the company.




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UPDATE 2-France Tel. Q1 beats forecasts, not eyeing Italy

(Reuters) - By Astrid Wendlandt

PARIS, April 26 - France Telecom posted on Thursday a 1.5 percent rise in underlying first-quarter profit, slightly above forecasts, helped by cost-control and demand for Internet access and media services.


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Nikkei up 1.1 pct, Kyocera rises before earnings

(Reuters) - JFE Holdings Inc. jumped more than 4 percent after the world's fourth-biggest steel maker posted higher-than-expected profit in the past business year The announcement prompted investor buying of other steel shares, making the steel sector ISTEL.the best performer among the TOPIX's 33 industry sub-indexes

The Nikkei ended up 193.01 points at 17,429.17. The broad TOPIX index was up 0.95 percent at 1,703.41.


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Weaker US dollar, India buys lift gold

(Reuters) - Gold rose on Thursday on the back of a weaker U.S. dollar and purchases from Indian jewellers, but some dealers turned cautious after the metal's failed attempt to revisit $700.

"The metal's failure to decisively break the key resistances has knocked off the bullish sentiments, albeit marginally," said Pradeep Unni, analyst at Vision Commodity Services in Dubai.


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U.K. Pension Plans May Show Surplus in 3 Years as Stocks Rally, Aon Says

(Bloomberg) -- U.K. company pension plans within three years may have more money than they owe their members, as returns from equities lift asset values, according to Aon Corp.

The 200 largest pension funds in the U.K. have a combined deficit of about 26 billion pounds ($52 billion), Aon's London- based pension consultancy said in an e-mailed statement. There's a 61 percent chance of that disappearing by 2010 and an 84 percent chance of the funds being in surplus within 10 years, the company said.


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TREASURIES-Market pauses in Asia after slide on data

(Reuters) - The two-year yield rose on Wednesday after matching a three-week low, narrowing the spread between two- and 10-year yields.

"Yesterday's move was largely an adjustment from the slight bull steepening we've been seeing," said a dealer at a European securities house, while adding it was too early to say if spreads would narrow more.


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France Telecom, Cap Gemini, Dior, Coil, Lagardere: French Equity Preview

(Bloomberg) -- Shares of the following companies may rise or fall on the Paris stock exchange. Symbols are in parentheses after company names and prices are from yesterday's close.

The CAC 40 Index climbed 61.30, or 1 percent, to 5947.33, its highest in more than six years. The SBF 120 Index advanced 0.9 percent.


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