Industry, Materials & Utilities Headlines

UPDATE 2-Safran hit by defence equipment delays, U.S. weather

* French group still interested in Avio Spazio (Adds analyst, Boeing earnings, GE comparison)

Seibu CEO says built up trust with Cerberus

TOKYO, April 23 - Seibu Holdings CEO Takashi Goto said the company has established a "trusting relationship" with its biggest stakeholder Cerberus, putting behind them a feud including an attempt by the U.S. fund to take control of the company's board.

Safran CEO sees strong civil market, declines comment on mandate

PARIS, April 23 - Safran expects "very solid" orders for engines and other equipment in 2014 amid robust activity in the commercial aircraft market, its chief executive said on Wednesday.

Tue, Apr 22 2014

Seibu Holdings shares open flat at IPO price

TOKYO, April 23 - Shares in railway and property company Seibu Holdings opened at 1,600 yen in its first day of relisting in Tokyo on Wednesday, in line with its IPO price, which was set at a deep discount to earlier estimates amid growing caution over Japan's economic recovery.

BRIEF-Bidgepoint exits German specialty chemical company CABB

* Exits investment in German specialty chemical company CABB

Thu, Apr 17 2014

UPDATE 1-Retailer Michaels Stores confirms payment card data breach

April 17 - Michaels Stores Inc, the biggest U.S. arts and crafts retailer, on Thursday confirmed that there was a security breach at certain systems that process payment cards at its U.S. stores and that of its unit, Aaron Brothers.

U.S./Canada daily earnings hits & misses April 17 - 1800 ET

April 17 - The following U.S.- and Canada-listed companies reported earnings on Thursday. This list shows whether they beat, met or missed Wall Street analysts' forecasts. It also shows the difference between analysts' expectations and reported results. The figures are provided by Thomson Reuters I/B/E/S. Revenue figures are in millions. Company Name Ticker Qtr Industry Curr EPS Est EPS Act Diff EPS Rev Est Rev Act Diff Rev ACACIA RESEARCH

Deals of the day- Mergers and acquisitions

(Adds Athasbasca, America Movil, Barnes & Noble; Updates Etihad Airways, Post Holdings)

Shipping firms turn to equity markets as sector eyes recovery

LONDON, April 17 - Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector recovering from its worst downturn since the 1980s.

UPDATE 1-Abu Dhabi state fund Mubadala's profit jumps

DUBAI, April 17 - Mubadala, the Abu Dhabi state-owned investment fund with a mandate to develop the emirate's economy, said on Thursday its 2013 net profit tripled as soaring stock markets boosted the value of its financial investments.

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Key retirements mean a changing of the guard next year in U.S. Congress

Regardless what voters decide in the November elections, there will be a major changing of the guard next year in the U.S. Congress as result of a number of key retirements.