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US stocks mixed after good economic data, Apple results

US stocks were mixed in early trade Thursday following a good report on US durable goods and strong earnings from Apple and some other big companies. About 50 minutes into trade, the Dow Jones Industrial Average fell 12.58 (0.08 percent) to 16,489.07. The broad-based S&P 500 edged higher by 0.36 (0.02 percent) at 1,875.75, while the tech-rich Nasdaq Composite Index advanced 4.02 (0.10 percent) to 4,130.99. Stocks intially opened higher Thursday and quickly veered into negative territory before fighting back to near-even.

DuPont just shy on first-quarter projections, citing extensive winter storms that culled sales

DOVER, Del. - DuPont's agricultural sales suffered and its operating costs rose during extensive winter storms that dragged on first-quarter earnings, although volumes increased in the company's industrial segments and profit margins improved in almost every one of them.

Tech stocks lead market rout; Nasdaq plunges 3.1%

Anxiety about pricey technology stocks returned with a vengeance to Wall Street Thursday, sending the Nasdaq down more than 3.0 percent and sparking deep declines in the broader stock market. The tech-rich Nasdaq Composite Index tumbled 129.79 points (3.10 percent) to 4,054.11, the biggest single-day drop in percentage terms since November 2011. The Dow Jones Industrial Average sank 266.96 (1.62 percent) to 16,170.22, while the broad-based S&P 500 fell 39.10 (2.09 percent) to 1,833.08.

Australian shares seen rising eight percent by December on strong corporate earnings

By Maggie Lu Yueyang and Thuy Ong SYDNEY (Reuters) - Australia's leading share index will rise just over 8 percent by the end of the year, driven by strong corporate earnings, a fall in the Australian dollar and improving global economic growth, a Reuters poll predicted. Still, the anticipated gain would be the smallest in three years amid ongoing concerns over soft prices for key Australian export commodities and clouds over the economy of major trading partner China.

Hugo Boss sees higher sales, earnings after record 2013

German fashion house Hugo Boss Thursday unveiled record-high sales and earnings in 2013 and said it would improve on this performance this year despite a "challenging" economic environment. Hugo Boss said group sales grew by 4.0 percent to 2.346 billion euros ($3.4 billion) last year and underlying profit, as measured by earnings before interest, depreciation and amortisation (EBITDA), rose by 7.0 percent to 564.7 million euros. Net profit was up 7.0 percent at 329 million euros.

Parkland Fuels Q4 profit more than doubles to $22M; revenue up 60% at $1.6B

RED DEER, Alta. - Parkland Fuel Corp. says fourth-quarter profits more than doubled as the independent North American distributor of fuels and lubricants saw revenue rise 60 per cent. Parkland says net profits improved to $22 million or 30 cents per diluted share in the final three months of 2013, up from $9.6 million or 14 cents in the same 2012 period. Revenue totalled almost $1.6 billion, up from $998.4 million in the same year-earlier period.

Parkland Fuels Q4 profit more than doubles to $22M; revenue up 60% at $1.6B

RED DEER, Alta. - Parkland Fuel Corp. says fourth-quarter profits more than doubled as the independent North American distributor of fuels and lubricants saw revenue rise 60 per cent. Parkland says net profits improved to $22 million or 30 cents per diluted share in the final three months of 2013, up from $9.6 million or 14 cents in the same 2012 period. Revenue totalled almost $1.6 billion, up from $998.4 million in the same year-earlier period.

Opera Software says Skyfire's expectations were too high

OSLO (Reuters) - Norway's Opera Software now expects to pay $35 million less than anticipated for Skyfire, a video and data compression technology firm bought in February 2013, as sales underperformed the unit's own expectations, the company said on Tuesday. Opera's shares traded 4.1 percent lower at 1050 GMT.

ArcelorMittal reports loss down, operating profit up

Steel-making giant ArcelorMittal on Friday reported a big cut in its net loss last year and turned in surprisingly strong operating and debt-reduction figures. The net loss fell by 24.0 percent from the 2012 level to $2.5 billion (1.84 billion euros) from $3.4 billion, the company said in a statement. This was despite a fall in sales by 5.6 percent to $79.4 billion. The steel market, notably in Europe, was hard hit by the economic downturn, but the group said that it faced 2014 with guarded optimism.

ArcelorMittal reports loss down, operating profit up

Steel-making giant ArcelorMittal on Friday reported a big cut in its net loss last year and turned in surprisingly strong operating and debt-reduction figures. The net loss fell by 24.0 percent from the 2012 level to $2.5 billion (1.84 billion euros) from $3.4 billion, the company said in a statement. This was despite a fall in sales by 5.6 percent to $79.4 billion. The steel market, notably in Europe, was hard hit by the economic downturn, but the group said that it faced 2014 with guarded optimism.
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