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Superior Industries Q1 net income falls 79%

Superior Industries posted a 79 percent plunge in first-quarter net income to $3.1 million, saying it experienced higher costs and lower unit sales in the quarter.

BMW results lifted by HERE after Intel buys stake

BMW reported a 27 percent jump in quarterly pretax profit after an investment by chipmaker Intel drove up the value of its stake in mapping service HERE. BMW also cited higher contributions from its Chinese joint venture as a boost to its earnings.

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