The company also reported today that its first-quarter net income dropped 24.4 percent.

The company recently reported a 4 percent increase in its first-quarter net income, compared with a year ago.

Without the gain, first-quarter net income would have increased by 42 percent over the previous year.

Without the charges, first-quarter income would have been about $202.1 million, or 94 cents a share.

Salomon more than doubled its first-quarter net income, to a record $273m.

On Monday, the company announced that its first-quarter income was $32.3 million, a 25 percent increase from the comparable period a year ago.

Applied Materials said that first-quarter net income rose 161 percent, to $172 million, or 93 cents a share.

The move will reduce first-quarter net income by about $7 million.

Hell, they just announced yesterday that their first-quarter income was up 39% over last year.

The company also posted a 7 percent decline in first-quarter net income.