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Seiko Epson Rises Most in Nine Months on Profit Surge Forecast

May 01, 2011, 10:03 PM EDT

By Kyung Bok Cho

May 2 (Bloomberg) -- Seiko Epson Corp., a Japanese printer maker, rose the most in nine months in Tokyo trading after forecasting net income will jump 66 percent this fiscal year.

Seiko Epson added 5.6 percent to 1,490 yen as of 9:31 a.m. on the Tokyo Stock Exchange, headed for the biggest gain since August. The benchmark Topix index climbed 1.2 percent.

To contact the editor responsible for this story: Kyung Bok Cho at kcho7@bloomberg.net

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