Associates First Capital's stock rose 1.93% Tuesday to $23.125 after the Irving, Tex., financial services company met analysts' consensus forecast that first-quarter earnings per share would be up 11%, to 51 cents.

Associates' net income fell 11%, to $299.7 million, in the quarter. The per-share increase excluded a 10-cent charge announced earlier for the closing of the company's manufactured housing loan origination business.

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