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PhaseForward undertakes no obligation to update or revise the information containedin this press release, whether as a result of new information, future events orcircumstances or otherwise. For additional disclosure regarding these and otherrisks faced by Phase Forward, see the disclosure contained in Phase Forward’spublic filings with the Securities and Exchange Commission including, withoutlimitation, its most recent Annual Report on Form 10-K. Public Relations:Phase ForwardElaine Maynard, orInvestor Relations:ICRTimothy Dolan, Copyright Business Wire 2009. * Q1 EPS of 6 cents tops Wall St forecast of loss 1 cent Stocks * Revenue down 38 percent to $831.6 million * Expects Q2 earnings to be modest better than Q1 (Recasts, adds details on earnings, share price) NEW YORK, April 22 (Reuters) – Metals processor AlleghenyTechnologies Inc (ATI.N) topped Wall Street forecasts byposting a first-quarter profit on Wednesday and said itexpected second-quarter earnings to be modestly better. Net earnings fell 96 percent to $5.9 million, or 6 centsper share, compared with $142 million, or $1.40 per share, ayear earlier, the Pittsburgh-based company said.

That profit beat analysts’ average forecast for a loss of 1cent per share in the quarter, according to Reuters Estimates. Revenue fell to $831.6 million from $1.34 billion as demandsoftened for the company’s titanium alloys, stainless andtungsten products. In January, when it reported a sharp drop in fourth-quarterprofit, Allegheny Technologies said it had taken actions toadjust production schedules, preserve cash, maintain liquidityand cut costs. Shares in the company have risen about 8 percent so farthis year, outperforming the Standard & Poor’s Steel index.GSPSTEEL, which has fallen 7 percent.

(Reporting by Matt Daily, editing by Dave Zimmerman) Stocks. MUMBAI (Reuters) – Indian police said on Wednesday they had no evidence to suggest that the father of a child star in the Oscar-winning film “Slumdog Millionaire” tried to sell his daughter. The American Hockey League Board of Governors concluded their annual meeting this week, with several rule changes that will shape the upcoming season of action.The rosters have been expanded to add an additional skater, so during the regular season, there will be 18 skaters and two goaltenders.The GMs of the NHL requested that one-minute minors be called in overtime during the regular season, instead of two-minute minors. The request was granted, and it will surely have some impact on the strategy taken during the OT sessions.The board also decided to make the AHL rules more “in line” with the NHL rules by instituting the following changes.High sticking, resulting in injury either intentional or not, will be a double minor instead of a major. The referee has full discretion on making this call. Delay of game will be called when any skater, in their defensive end, intentionally shoots the puck over the glass and out of play to stop action.Any contact made in the pursuit of an icing call must be geared towards playing the puck, and not attempting to knock a player down to forbid him from playing the puck. Doing so could result in penalties being assessed.If the puck hits off the goal post, frame, or crossbar, the face-off will be in the end zone where the puck went out of play.Some of these changes are well overdue, in my opinion.

The addition of the extra skater now has that “last-guy cut” making the team going out of camp. But now, the “second-to-last guy” really gets to know how close he was to making the team.I think it’s good the NHL did have some say in a couple of the changes, because it will really get the minor-league players more prepared for the jump from the AHL to the big show.. LONDON, April 22 (Reuters) – Europe’s FTSEurofirst 300 shareindex .FTEU3 fell 1 percent in afternoon trade on Wednesday,pressured by banks, after Morgan Stanley (MS.N) posted a netloss. Stocks  |  European Markets At 1224 GMT, the index of top European shares was down 1percent at 779.69 points after falling as low as 778.63 points.

Banks were among the biggest losers on the index, with HSBC(HSBA.L) down 1.1 percent, BNP Paribas (BNPP.PA) falling 3percent, Societe Generale (SOGN.PA) slipping 3.6 percent andCredit Agricole (CAGR.PA) down more than 2 percent (Reporting by Atul Prakash) Stocks European Markets. By Harro ten Wolde Stocks  |  Funds News  |  ETFs News AMSTERDAM, April 22 (Reuters) – Dutch bank ABN AMRO haslodged a lawsuit against Dutch investor Louis Reijtenbagh tosecure his art collection, which has been put up as collateralfor a loan, a source told Reuters on Wednesday. A spokeswoman for the Amsterdam court confirmed a hearingwas scheduled for Friday against Reijtenbagh but declined togive any further details. The source, familiar with the lawsuit, said it was triggeredby another court case in New York lodged by JPMorgan Chase & Co(JPM.N), which has said Reijtenbagh failed to pay back more than$23 million in loans.