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Polaris posts higher profit, raises forecast  

April 23 (Reuters) - Polaris Industries Inc raised its full-year profit forecast after reporting a 7 percent rise in quarterly earnings, helped by strong sales of its motorcycles and off-road vehicles. The company said it expects 2014 earnings from continuing operations in the range of $6.30 to $6.45 per share, above its earlier forecast of $6.17-$6.37. First-quarter profit rose to $80.9 million, or $1.19 per share, from $75.5 million, or $1.07 per share, a year earlier....More
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Deals of the day- Mergers and acquisitions  

April 23 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Wednesday: ** Comcast Corp may divest about 4 million subscribers after its merger with Time Warner Cable and is working to reach an accord to sell a portion of those customers to Charter Communications, a source familiar with the matter said Tuesday....More
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UPDATE 1-Swiss components maker SFS plans 349 mln Swiss franc listing  

* SFS to sell 5 mln shares between 57 and 69 Sfr * Founders plan to sell a further 4.9 mln existing shares * First quarter 2014 saw boom in European listings (Got it(Adds details) ZURICH, April 23 (Reuters) - Swiss firm SFS <IPO-SFSH.S> plans to raise as much as 349 million Swiss francs ($394 million) in an initial public offering (IPO), the largest of three Swiss listings within a few weeks as investor confidence returns to stock markets....More
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UPDATE 1-Sweden's Alecta rejects VW offer for Scania shares  

* Alecta shareholding worth 2 pct of Scania capital * Minority shareholders split over 200 SEK/share offer * Scania shares trading below bid level (Adds detail, background) STOCKHOLM, April 23 (Reuters) - Swedish pension firm Alecta said on Wednesday it had chosen not to accept Volkswagen's 200 per share offer for the outstanding stock in Scania, saying it did not reflect the long-term value of the truck maker....More
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Auto chipmaker Melexis raises 2014 sales forecast  

BRUSSELS, April 23 (Reuters) - Belgian automotive chip designer Melexis raised its forecast for full-year sales after a solid first quarter built on growing demand for its sensors. The company expects second-quarter sales to be more than 3 percent higher than in the first quarter and forecast sales growth of between 10 and 15 percent for 2014....More
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Sweden's Alecta says rejects VW offer for Scania shares  

STOCKHOLM, April 23 (Reuters) - Swedish pension firm Alecta said on Wednesday it had chosen not to accept Volkswagen's 200 per share offer for the outstanding stock in Scania, saying it did not reflect the fundamental value of the truck maker. The decision by Alecta, which as per March 31 owned about 2 percent of Scania shares, and several other minority owners to reject the offer leaves in doubt whether VW will secure the 90 percent acceptance it has set to complete the bid. (Reporting by Niklas Pollard)...More
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Swiss components maker SFS seeks to raise 349 mln Sfr in IPO  

ZURICH, April 23 (Reuters) - Swiss engineering components firm SFS <IPO-SFSH.S> said it seeks to raise as much as 349 million Swiss francs ($394.08 million) by issuing new shares when it lists on the Swiss bourse next month. The firm, which makes components and fastenings for the automotive and construction industries, as well as miniature screws for smartphones and tablets, will offer more than 5 million new shares at between 57 and 69 francs....More
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German stocks - Factors to watch on April 23  

FRANKFURT, April 23 (Reuters) - The following are some of the factors that may move German stocks on Wednesday: DEUTSCHE BANK Germany's largest lender is trimming its equities team in Latin America and is considering shutting its equities business in Chile, Bloomberg reported on Wednesday citing two people familiar with the matter. Related news VW...More
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UPDATE 1-Obama, Abe under pressure to salvage signature Pacific trade pact  

(Recasts with early arrival of USTR Froman in Japan, changes dateline, byline) By Linda Sieg and Krista Hughes TOKYO/WASHINGTON, April 22 (Reuters) - U.S. Trade Representative Michael Froman arrived in Japan earlier than expected on Wednesday, Japanese media, for a last ditch push for a two-way deal seen as crucial to efforts to create one of the world's biggest trade pacts....More
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INDIA PRESS-Suzuki has to double equity in Gujarat arm - Business Standard  

(http://link.reuters.com/caz68v) Note: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Aby Jose Koilparambil in Bangalore)...More
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