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NAMPA, ID -- MPC Corp., one of the world's largest PC makers, today filed for Chapter 11 bankruptcy protection. The company has been delisted from the NYSE and says it doesn't expect equity holders to receive any distributions in conjunction with the bankruptcy cases.

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HAUPPAUGE, NY - Jaco Electronics announced today an agreement in principle to sell to certain assets of its components distribution business to WPG Americas Inc., a subsidiary of World Peace Industrial Group. The transaction is subject to customary closing conditions and is expected to close within the next 30 days.

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DUSSELDORF, GERMANY -- Henkel's third-quarter sales rose 12% to 3,760 million euros on solid organic growth and the acquisition of certain National Starch businesses. The currency-adjusted growth was 15.8%. Net earnings fell to 107 million euros.

During the quarter, EBIT fell to 191 million euros as the company took restructuring charges of 181 million euros. The adjusted EBIT rose 6.3% to 391 million euros.

Henkel CEO Kasper Rorsted said, "All our business sectors contributed to this growth, each outperforming its relevant markets. Once again, it was particularly our businesses in the growth regions that supported this positive development. The integration of the National Starch businesses, which were major contributors to the substantial rise in total sales, continues on schedule."

Adhesive Technologies sales rose 31.8% to 1.86 million euros after adjusting for currency exchange, due to the acquisition of National Starch's Adhesives and Electronic Materials businesses. Organic growth was 3.6%. The operating profit rose to 169 million euros, up 8.1% after currency exchanges.

Henkel guided for full-year organic sales growth (after adjusting for foreign exchange and acquisitions/divestments) of 3 to 5%, and net operating profit growth of 10%.


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