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Dow Chemical Profit Nearly Triples NEW YORK (Reuters) - Dow Chemical Co.'s first-quarter profit nearly tripled on higher sales of farm chemicals and plastics, the biggest U.S. chemicals maker said on Thursday. Net income rose to $1.4 billion, or $1.39 a share, compared with $469 million, or 50 cents a share, a year earlier. ... : Dow Chemical Profit Nearly Triples
Nikkei Edges Higher by Midday TOKYO (Reuters) - Tokyo's Nikkei average edged up 0.25 percent by midsession on Friday, as gains in stocks with good earnings prospects offset falls in some techs such as Tokyo Electron Ltd. Japan Tobacco Inc. (JT) shot up 4.7 percent after the sole producer of tobacco in Japan said one-third of its workforce was seeking early retirement, helping the compan... : Nikkei Edges Higher by Midday
Airbus delays superjumbo deliveries SINGAPORE/SYDNEY (Reuters) - European plane maker Airbus is delaying initial deliveries of the world's biggest airliner by up to six months, which could trigger compensation payments to customers. Australian carrier Qantas Airways said on Wednesday deliveries of the A380 double-decker plane would be de... : Airbus delays superjumbo deliveries
Oil Up to $50 as Bush Leads Early Vote By Jonathan Leff SINGAPORE (Reuters) - Oil prices rallied back above $50 a barrel on Wednesday, boosted by projections of an early electoral lead by President Bush in the tight U.S. election. U.S. light crude was up 44 cents at $50.06 a barrel in midday Asian trade and had struck an intraday high at $50.23, attempting to put a floor under the 12 percent rout over the last week. On Tuesday the market closed below $50 for the first time... : Oil Up to $50 as Bush Leads Early Vote
U.S. consumer moods sour in early May By Pedro Nicolaci da Costa NEW YORK (Reuters) - U.S. consumers felt less upbeat in early May as persistently high gasoline prices and worries about the job market took their toll on confidence, a report said on Friday. The University of Michigan said its measure of consumer sentiment slipped to 85.3 so far this month from 87.7 in April, according to market sources who saw the s... : U.S. consumer moods sour in early May
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