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AFRICAN DEVELOPMENT BANK PLANS U.S. DOMESTIC BOND
The African Development Bank plans to raise about 200 mln dlrs via a U.S. Domestic bond this year, Milan Kerno, vice president of finance said at a presentation. He said the Bank planned to borrow about 700 mln dlrs in world capital markets in 1987 and roughly the same amount in 1988. Because of the weak condition ...
BALLADUR SAYS MARKET MAY HOLD UP PRIVATISATIONS
French finance minister Edouard Balladur said the agenda of state privatisations may not be done at full speed if market conditions prove unsuitable. "I'm not going to privatise at full speed if market conditions do not permit. That would be absurd," he told journalists. "What we're going to do is adapt our program...
SOCIETY FOR SAVINGS BANCORP <SOCS.O> 3RD QTR
Shr 75 cts vs 55 cts Net 8,031,000 vs 5,819,000 Nine mths Shr 2.16 dlrs vs 1.42 dlrs Net 23.2 mln vs 15.1 mln Assets 3.41 billion vs 2.84 billion Deposits 2.54 billion vs 2.19 billion NOTE: 1987 nine mths includes gain 1,008,000 dlrs, or nine cts per share, from utilization of prior year's n...
NOMURA SAYS IT SEEKS LINK WITH KIDDER PEABODY
Nomura Securities Co Ltd is seeking a possible business relationship with Kidder Peabody and Co Inc, said Setsuya Tabuchi, the chairman of the board of Nomura. Tabuchi told an investment conference "at present the company's staff (of Nomura) has been studying the possiblity of a joint buiness," he said. Tabuchi...
PROGRESSIVE BANK INC <PSBK.O> 3RD QTR NET
Shr 88 cts vs 73 cts Net 2,580,000 vs 2,147,000 Nine mths Shr 2.48 dlrs vs 2.33 dlrs Net 7,266,000 vs 5,948,000 Reuter 
WASHINGTON WATER POWER <WWP> 3RD QTR LOSS
Shr loss 12 cts vs profit two cts Net loss 2,669,000 vs profit 528,000 Revs 79.8 mln vs 74.9 mln Nine mths Shr profit 64 cts vs profit 1.63 dlrs Net profit 14.3 mln vs profit 35.7 mln Revs 280.0 mln vs 288.8 mln Reuter 
MARKET FALL DISCUSSED AT REAGAN LUNCH
President Reagan and his advisers discussed the stock market fall at a previously scheduled "issues lunch" at the White House, officials said. There was no formal comment on the market slide, but an official suggested that a comment might be forthcoming after the market closed. Reagan made no mention of the st...
BANKING CENTER <TBCX.O> SETS INITIAL QUARTERLY
Banking Center said its board declared an initial quarterly dividend of 20 cts per share, payable December 11, record October 30. Reuter 
BELLSOUTH CORP <BLS> 3RD QTR NET
Shr 87 cts vs 84 cts Net 418.6 mln vs 399.2 mln Revs 3.12 billion vs 2.89 billion Nine mths Shr 2.61 dlrs vs 2.62 dlrs Net 1.25 billion vs 1.23 billion Revs 9.10 billion vs 8.62 billion Avg shrs 481.4 mln vs 473.6 mln NOTE: Share adjusted for three-for-two stock split in February 1987. ...
DIGITAL COMMUNICATIONS <DCAI.O> UNVEILS PRODUCTS
Digital Communications Associates Inc said it unveiled two new products that allow personal computers not directly attached to a mainframe computer to communicate with the host computer. The IRMAremote for Hayes AutoSync, which will cost 395 dlrs, is a software product that allows International Business Machines Co...
DOW JONES INDUSTRIAL INDEX DROPS UNDER 2000 LEVEL, DOWN ALMOST 300 POINTS TODAY
RTE CORP <RTE> 3RD QTR NET
Shr profit 55 cts vs loss 12 cts Net profit 3,998,000 vs loss 915,000 Sales 93.8 mln vs 80.9 mln Nine mths Shr profit 1.71 dlrs vs profit 95 cts Net profit 12,641,000 vs profit 7,282,000 Sales 260.9 mln vs 249 mln Note: 1986 figures include a five mln dlr or 65 cts a share charge for electro...
COMERICA INC <CMCA.O> 3RD QTR NET
Shr 2.17 dlrs vs 1.42 dlrs Net 24,907,000 vs 16,117,000 Nine mths Shr 4.05 dlrs vs 3.75 dlrs Net 47,105,000 vs 42,874,000 Assets 9.66 billion vs 9.25 billion Deposits 8.06 billion vs 7.80 billion Loans 842.5 mln vs 711.1 mln Reuter 
ST. JOSEPH LIGHT <SAJ> 3RD QTR NET
Shr 84 cts vs 86 cts Net 3,893,000 vs 4,054,000 Revs 21.0 mln vs 21.2 mln Nine Mths Shr 1.88 dlrs vs 1.87 dlrs Net 8,707,000 vs 8,848,000 Revs 57.9 mln vs 59.1 mln NOTE: 1986 per share adjusted for three for two stock split effective June 1, 1987. St. Joseph Light and Power Co is full na...
YUGOSLAVIA DEBT PAYMENTS TO BE ADJUSTED TO EXPORTS
Yugoslav Prime Minister Branko Mikulic, unveiling a new draft economic program, said Yugoslavia would cut repayments on its almost 20 billion lr hard currency debt to bring them in line with its hard currency earning capacity. "We have decided to coordinate repayment of our debt with realistically assessed capabili...
NYSE SAYS IT IS CONFIDENT IT CAN HANDLE VOLUME
The New York Stock Exchange said it is confident that its computer systems can handle the pace of trading volume today. "We are confident that whatever volume we have this afternoon, we can handle it," said Richard Torrenzano, a vice president at the NYSE. With two hours of trading left, a record 422 mln shares...
TRW INC <TRW> 3RD QTR NET
Shr 1.04 dlrs vs 67 cts Shr diluted 1.01 dlrs vs 66 cts Net 63.2 mln vs 40.5 mln Sales 1.70 billion vs 1.43 billion Nine mths Shr 2.91 dlrs vs 2.88 dlrs Shr diluted 2.85 dlrs vs 2.82 dlrs Net 176.5 mln vs 172.7 mln Sales 5.08 billion vs 4.49 billion Avg shrs 60.3 mln vs 59.6 mln ...
INVESTOR SUES FIRST NORTHERN SAVINGS <FNGB.O>
Investor Donald Knutson said he filed a suit against First Northern Savings and Loan Association of Green Bay, stating his request of management for access to First Northern's stockholder lists had been denied. Knutson owns about 9.9 pct of First Northern's outstanding stock. He said in his complaint he intends to...
SENATE BOSS ASKS REAGAN TO FIGHT STOCK FALL
Senate Democratic leader Robert Byrd, pointing to panic selling on Wall Street, urged President Reagan to join Congress in fighting trade and budget deficits. "It is time the administration put policies ahead of politics," Byrd said. Byrd said the president needs "to begin working with Congress to reduce the do...
AUSTRIAN GUARANTEE WANTED ON STATE FIRM DEBTS
Head of the Chamber of Commerce's Money and Credit section, Hellmuth Klauhs, said the government should guarantee any company debts arising from the planned restructuring of the public sector. Klauhs said that there was no doubt that the government would meet its obligations. "But the owner should say this clearly ...
AMEX SAYS IT SURPASSES DAILY VOLUME RECORD FOR EQUITIES FOR A SINGLE TRADING SESSION.
BALLADUR URGES G-7 TO RESPECT LOUVRE ACCORD
French Finance Minister Edouard Balladur said the Group of Seven (G-7) industrial countries should respect pledges on monetary policy made in the February Louvre accord on currency stability. "We have to strengthen the cooperation between the seven major industrial countries and remind ourselves of the pledges we m...
SOVIET 1988 GRAIN TARGET INDICATES 1987 OUTPUT
Recent announcements from Moscow of next year's grain production targets indicate that the Soviets are estimating this year's grain crop at 205 to 213 mln tonnes, Agriculture Department analysts said. USDA is projecting the Soviet crop at 210 mln tonnes, but some earlier estimates from Soviet officials were that th...
CANADA 750 MLN DLR T-BILL ISSUE YIELD AVERAGE 8.60 PCT - OFFICIAL
BELLSOUTH CORP 3RD QTR SHR 87 CTS VS 84 CTS
<GLOBAL MOTORS> TO MARKET INDONESIAN VEHICLES
Global Motors Inc said it has agreed to become become the exclusive North American importer of the Lincan Gama, a four-wheel-drive sport vehicle manufactured by <P.T. Indauda> of Indonesia. In a letter of intent it signed with P.T. Indauda, Global said it expects to begin marketing the first Lincan Gamas in mid-198...
FIRST BOSTON INC 3RD QTR SHR 1.15 DLRS VS 76 CTS
FED'S JOHNSON SAYS LOUVRE ACCORD STILL VITAL
Federal Reserve Board Vice Chairman Manuel Johnson said the Louvre Accord is still healthy, but said the United States and West Germany must work out differences over their respective roles in fulfilling the accord. "The Louvre Accord has worked very well in terms of stabilizing exchange rates," he said in response...
M.A. HANNA CO <HNM> TO ACQURE <PMS CONSOLIDATED>
M.A. Hanna Co said it has reached definitive agreement to purchase PMS Consolidated, a privately owned manufacturer of colorants for the plastics industry. M.A. Hanna said the purchase, which is subject to certain conditions, is scheduled to close around the end of October. Hanna announced last August that it was ...
FED'S JOHNSON SEES EASING OF INFLATIONARY FEARS
Federal Reserve Board Vice-Chairman Manuel Johnson said the inflationary expectations in the financial markets have eased since the Fed's last half-point increase in its discount rate to 6.0 pct. "We have seen the kind of expectational forces develop I think that we've been satisfied with since our last discount ra...
AMPLE SUPPLIES LIMIT U.S. STRIKE'S OIL PRICE IMPACT
Ample supplies of OPEC crude weighing on world markets helped limit and then reverse oil price gains that followed the U.S. Strike on an Iranian oil platform in the Gulf earlier on Monday, analysts said. December loading rose to 19.65 dlrs, up 45 cents before falling to around 19.05/15 later, unchanged from last Fr...
<TOTAL RESEARCH CORP> FISCAL 1987 NET
June 30 end Shr 0.3 ct vs four cts Net 18,463 vs 174,486 Revs 5,074,686 vs 4,181,978 Avg shrs 5,624,041 vs 4,860,000 Reuter 
COMMUNICATIONS AND CABLE <CCAB.O> BUYS STAKE
Communications and Cable Inc said it acquired about 21 pct of the outstanding shares of Imnet Corp, a privately owned company that designs, makes and services proprietary image storage and retrieval systems. Terms were not disclosed. Reuter 
BALTEK <BTEK.O> BUYS ECUADORIAN PLANT
Baltek Corp said it has acquired a shrimp packing plant in Ecuador for undisclosed terms. The company said the acquisition will result in a tripling of its Ecuadorian shrimp sales to about three mln pounds annually by 1988. Reuter 
GENDEX CORP <XRAY.O> 2ND QTR SEPT 30 NET
Shr nine cts vs six cts Net 242,000 vs 135,000 Sales 4,003,000 vs 2,968,000 Six Mths Shr 17 cts vs 14 cts Net 414,000 vs 297,000 Sales 7,54,000 vs 5,912,000 Avg shrs 2.4 mln vs 2.1 mln NOTE: 1986 net includes tax credits equal to one cent in the quarter and two cts in the six months. Re...
BEN AND JERRY'S HOMEMADE INC <BJIC.O> EIGHT MTHS
Shr 42 cts vs 32 cts Net 1,076,572 vs 826,939 Sales 20.5 mln vs 12.5 mln NOTE: Company released results in connection with filing for Class A common stock offering. Reuter 
ENSECO <NCCO.O> GETS EPA CONTRACT
Enseco Inc said it has received 4,600,000 dlrs in contract from the U.S. Environmental Protection Agency to test samples in support of the Superfund program over a 30-month period and to perform special analytical services. Reuter 
BALLADUR URGES G-7 TO RESPECT LOUVRE ACCORD
French Finance Minister Edouard Balladur said the Group of Seven (G-7) industrial countries should respect pledges on monetary policy made in the February Louvre accord on currency stability. "We have to strengthen the cooperation between the seven major industrial countries and remind ourselves of the pledges we m...
TRW INC 3RD QTR SHR 1.01 DLRS VS 66 CTS
BANCTEXAS <BTX> TO SELL AFFILIATE
BancTEXAS Group Inc said it has signed a definitive agreement to sell its BancTEXAS Sulphur Springs affiliate to a group of local investors led by Gene Watson for a cash amount equal to book value at the time of the sale, subject to regulatory approvals. The unit had assets of 18.2 mln dlrs as of September 30. ...
TRW <TRW> UNIT GETS 36.7 MLN DLRS IN CONTRACTS
TRW Inc's Federal Systems Group said it received 36.7 mln dlrs in U.S. Navy contracts to begin a system upgrade of its anti-submarine warfare operations center for the Space and Naval Warfare Systems command. The award is the start of a seven-year full-scale engineering development effort with a potential value of ...
TALMAN HOME FEDERAL <TLMN.O> 3RD QTR OPER NET
Oper shr 17 cts vs not available Oper net 1,619,000 vs 6,354,000 Nine Mths Oper shr 80 cts vs not available Oper net 7,675,000 vs 22,669,000 Assets 6.06 billion vs 5.74 billion Loans 3.11 billion vs 3.33 billion Deposits 4.57 billion vs 4.83 billion NOTE: 1987 operating net excludes ...
ALLWASTE <ALWS.O> TO ACQUIRE FIRM
Allwaste Inc said it entered into an agreement in principle to buy Tank Cleaning Co, a privately-held company that cleans tank trailers, in exchange for about 1.3 mln shares or Allwaste common. Allwaste said that Tank Cleaning earned about one mln dlrs before taxes last year and had about 1.5 mln dlrs in pre-tax in...
GEAC COMPUTER <GAC.TO> LEAVES RECEIVERSHIP
Geac Computer Corp Ltd said the Supreme Court of Ontario has signed an order approving the company's proposal for repayment of its creditors and releasing the company from receivership. Reuter 
CATERPILLAR <CAT> SEES HIGHER FISCAL 1987 NET
Caterpillar Inc said it expects 1987 full year sales and profits to be "substantially better" than 1986 results, following improved third-quarter performance. Third-quarter earnings of the heavy machinery manufacturer increased to 146 mln dlrs, or 1.47 dlrs a share, from net loss of 26 mln dlrs, or 26 cts, in the 1...
NORTHEAST SAVINGS F.A. <NSB> 2ND QTR NET LOSS
Shr loss 1.39 dlrs vs profit 1.20 dlrs Net loss 5,306,000 vs profit 7,246,000 Six mths Shr loss 18 cts profit 2.23 dlrs Net profit 3,259,000 vs profit 14.2 mln Assets 6.79 billion vs 5.42 billion Deposits 3.99 billion vs 3.38 billion Loans 4.92 billion vs 4.53 billion NOTE: 1987 six mths...
LSI LOGIC <LLSI.O> DEVELOPS NEW COMPUTER CHIP
LSI Logic Corp said it has developed a semi-custom microchip that is twice as dense as the most complex chip now available. The new microchip, LCA 100K Compacted Array Plus, has 100,000 usable gate arrays, or the equivalent of 400,000 transistors for designing custom chips, the company said. Production of the n...
MARINE CORP <MCOR.O> 3RD QTR NET
Shr 30 cts vs 30 cts Net 1,804,000 vs 1,800,000 Nine mths Shr 89 cts vs 79 cts Net 5,334,000 vs 4,496,000 Reuter 
IRAN VOWS REPRISAL FOR U.S. ATTACK ON OIL RIG
Iran said several people were injured in Monday's U.S. Attack on an Iranian offshore oil site and vowed retaliation, Tehran radio reported. It quoted President Ali Khamenei as saying, "We will definitely retaliate and will not leave this American move unanswered." A broadcast monitored in Nicosia said several c...
BELL ATLANTIC <BEL> UNIT SELLS FIVE-YEAR NOTES
Chesapeake and Potomac Telephone Co of Maryland, a unit of Bell Atlantic Corp, is raising 100 mln dlrs via an offering of notes due 1992 with a 10-1/4 pct coupon and par pricing, said lead underwriter Morgan Stanley. That is 46 basis points more than the yield of comparable Treasury securities. Non-callable for...
FED'S JOHNSON SAYS LOUVRE ACCORD ALIVE, BUT CITES U.S.-GERMAN DIFFERENCES
U.S SENATE PANEL VOTES TO LIMIT COUNTY LOAN DROP
The Senate Agriculture committee voted to limit changes in county loan rate differentials starting with the 1988 crop as part of a budget deficit reduction package. The panel also approved measures that could trigger larger corn and wheat acreage reduction requirements, increase farmer-held reserve storage payments...
NABET SAYS MOST UNITS ACCEPT NBC CONTRACT
A spokesman for the National Association of Broadcast Employees and Technicians said it is studying its next moves in its strike against the National Broadcasting Co after 12 of its units voted to accept a contract proposal and two small units voted to reject. The spokesman said the union will make a further announ...
NEW YORK STOCK EXCHANGE TRADES MORE THAN 400 MLN SHARES FOR FIRST TIME IN A SINGLE SESSION
ANALOG DEVICES <ADI> MAY REPURCHASE SHARES
Analog Devices Inc said it may repurchase up to one mln of its 46 mln common shares outstanding on the open market over the next several months for use in its employee stock purchase and stock option plans. Reuter 
TACO VIVA <TVIV.O> NAMES NEW PRESIDENT
Taco Viva Inc said it named Donald Ryan as president and chief operating officer of the company. He assumes the president's slot formerly held by J. Brion Foulke III, who retains his positions as chairman and chief executive officer, the company said. Ryan most recenty served as president of <Interim Restaurant...
FED'S JOHNSON WARNS AGAINST LOWER DOLLAR
Federal Reserve Board Vice-Chairman Manuel Johnson cautioned against seeking "quick-fix solutions" to persistent U.S. trade and federal budget deficits. In particular, he told an American Stock Exchange conference, a decline in the dollar below current levels would exacerbate financial market conditions. "Tryin...
SWISS PLAN CHANGE IN LIQUIDITY REQUIREMENT
The Swiss Banking Commission hopes to introduce a major reform of the banking system in January which would revolutionise the workings of the country's unusual liquidity requirements. Commission Director Kurt Hauri told Reuters the main consequence of the change would be an end to the sharp rise in interest rates w...
REPUBLIC <RNB> UNIT'S NOTES YIELD 9.612 PCT
Republic National Bank of New York, a unit of Republic New York Corp, is offering 100 mln dlrs of notes due 1989 yielding 9.612 pct, said sole manager Salomon Brothers Inc. The notes have a 9-1/2 pct coupon and were priced at 99.80 to yield 63 basis points more than the when-issued two-year Treasury notes. Non-...
INFOTRON <INFN.O> NAMES NEW CHIEF EXECUTIVE
Infotron Systems Corp said James C. Castle has been named president and chief executive officer, succeeding James C. Hann, who becomes vice chairman and will focus on product technology issues. Castle had been president of TBG Information Systems Inc, a subsidiary of Thyssen AG <THYH.G>. Reuter 
FED'S JOHNSON SAYS INFLATIONARY FEARS CALMER SINCE LAST DISCOUNT RATE RISE
AMR <AMR> UNIT TO BUY NINE SMALL PLANES
AMR Corp said its Nashville Eagle Inc subsidiary will acquire nine 19-seat Metro III airplanes in separate agreements with Fairchild Industries Inc's <FEN> Fairchild Aircraft Corp unit and <Midstate Airlines Inc>. Terms of the agreements were not disclosed. The company said the pre-owned airplanes will begin du...
Balladur urges G-7 to respect pledges on monetary policy in Louvre accord
PIONEER-STANDARD ELECTRONICS INC <PIOS.O>2ND QTR
Periods ended September 30 Oper shr 24 cts vs six cts Oper net 1,297,881 vs 312,295 Sales 60.5 mln vs 52.2 mln First half Oper shr 39 cts vs 13 cts Oper net 2,099,679 vs 711,530 Sales 118.1 mln vs 103.7 mln NOTE: 1986 operating net excludes losses from discontinued operations of 154,661 ...
CITIZENS FINANCIAL GROUP INC <CITN.O> 3RD QTR
Shr 43 cts vs 55 cts Net 6,262,000 vs 7,948,000 Nine mths Shr 1.30 dlrs vs 1.54 dlrs Net 18.8 mln vs 22.3 mln Assets 2.4 billion vs 2.1 billion NOTE: Prior year amounts restated to reflect 2-for-1 stock split effective May 15, 1987. Reuter 
IRWIN MAGNETIC SYSTEMS INC <IRWN> 1ST QTR NET
Period ended Sept 27 Shr nine cts vs 24 cts Net 474,000 vs 880,000 Sales 11.2 mln vs 11.8 mln Avg shrs 5,369,555 vs 3,654,986 Note: 1986 figures include tax credits of 113,000 dlrs or three cts a share. Reuter 
CLOSING OF MARKETS NOT UNDER DISCUSSION, SEC SAYS
Federal securities regulators are not discussing a move to close U.S. securities markets, a spokesperson for the Securities and Exchange Commission said. The SEC "...is not discussing closing the nation's securities markets," the SEC said today in a prepared statement. The Commission said it is "is concerned ab...
U.S. SENATE PANEL VOTES TO LIMIT COUNTY LOAN RATE CHANGES STARTING WITH 1988 CROPS
NORTHROP MUST PAY KHASHOGGI FIRM - U.S. COURT
The Supreme Court let stand a ruling that Northrop Corp <NOC> must pay 31 mln dlrs to a company controlled by Saudi businessman Adnan Khashoggi. The court denied a Northrop appeal challenging a U.S. arbitration tribunal's ruling that it pay 31 mln dlrs in commissions and interest stemming from arms contracts it won...
NABET SAYS IT STUDIES NEXT MOVE IN NBC STRIKE AFTER 12 UNITS ACCEPT CONTRACT, TWO REJECT
FED'S JOHNSON SAYS U.S. ECONOMY POISED FOR CONTINUED GROWTH, STABLE INFLATION
FED'S JOHNSON SAYS LOWER DOLLAR WOULD EXACERBATE MARKET CONDITIONS
BENCH CRAFT INC <SOFA.O> 3RD QTR NET
Shr 23 cts vs 22 cts Net 1,293,000 vs 1,256,000 Sales 39.7 mln vs 31.6 mln Nine mths Shr 72 cts vs 61 cts Net 4,099,000 vs 3,470,000 Sales 115.9 mln vs 87.6 mln NOTE: Share adjusted for three-for-two stock split in February 1987. Reuter 
EGYPT TO BUILD ROADS FOR UGANDA
Egypt has agreed to build two new roads in Uganda worth a total of 295 mln dlrs, Egyptian commercial attache Muhammud el Tahan said. The two countries signed an agreement under which Egyptian companies will reconstruct the roads between Fort Portal and Bundibugyo near the Zaire border in western Uganda and between ...
CITYFED FINANCIAL CORP <CTYF.O> 3RD QTR LOSS
Shr primary loss eight cts vs profit 49 cts Shr fully diluted loss eight cts vs profit 45 cts Net profit 681,000 vs profit 11.5 mln Nine mths Shr primary profit 33 cts vs profit 2.36 dlrs Shr fully diluted profit 33 cts vs profit 1.92 dlrs Net profit 12.7 mln vs profit 47.5 mln Assets 10.53 ...
CATERPILLAR INC <CAT> 3RD QTR NET
Shr profit 1.47 dlrs vs loss 26 cts Net profit 146 mln vs loss 26 mln Revs 2.25 billion vs 1.82 billion Nine mths Shr profit 1.82 dlrs vs profit 2.27 dlrs Net profit 180 mln vs profit 224 mln Revs 5.94 billion vs 5.55 billion Reuter 
COLOMBIA OPENS COFFEE REGISTRATIONS - LDN TRADE
Colombia has opened export registrations for November coffee shipments, trade sources said. No further details were available. Reuter 
DENSE-PAC MICROSYSTEMS INC <DPAC.O> 2ND QTR
Period ended August 29. Shr profit one ct vs loss one ct Net profit 128,112 vs loss 30,170 Sales 1,620,707 vs 1,325,406 Avg shrs 9,306,031 vs 3,499,219 Six Mths Shr nil vs loss nine cts Net profit 25,890 vs loss 322,675 Sales 2,915,077 vs 1,845,003 Avg shrs 9,283,631 vs 3,499,219 Re...
NEWHALL INVESTMENT PROPERTIES <NIP> 3RD QTR
Shr 1.13 dlrs vs 87 cts Net 5,010,000 vs 3,868,000 Nine mths Shr 4.91 dlrs vs 4.84 dlrs Net 21.8 mln vs 21.5 mln NOTE: Current quarter figures include gain of 4.7 mln dlrs on property sales vs gain of 2.9 mln in prior year's quarter. Current nine month figures include gain of 20.5 mln dlrs on pr...
CHRYSLER <C>SETS RECORD 1987 IMPORT TRUCK SALES
Chrysler Corp said its import operations closed out its 1987 model year with record sales of Dodge Ram-50 models of 76,913 trucks compared with the previous record 72,629 trucks sold in 1986. The Ram-50 is imported for Dodge from Mitsubishi Motors Corp. Reuter 
ASPEN RIBBONS INC <ARIB.O> 1ST QTR NET
Sept 30 Shr seven cts vs five cts Net 234,504 vs 157,862 Revs 4,096,000 vs 3,007,383 Reuter 
LSI LIGHTING SYSTEMS INC <LYTS.O> 1ST QTR NET
Qtr ends September 30 Shr 25 cts vs 13 cts Net 759,000 vs 383,000 Revs 9,052,000 vs 6,829,000 Reuter 
GUILFORD MILLS <GFD> TO REPURCHASE SHARES
Guilford Mills Inc said its board has authorized the repurchase of up to one mln of its common shares from time to time in the open market. The company has about 10.5 mln shares outstanding. Reuter 
EC DOES NOT PLAN STATEMENT ON U.S. STRIKE ON IRAN
The European Community (EC) will not issue a joint statement on the U.S. Attack on Iran for now, diplomats said. They said the latest events in the Gulf were discussed only briefly by foreign ministers over lunch, though member states had been informed by Washington that it was planning military action. "They didn'...
NATIONAL DISTILLERS <DR> TO REPURCHASE SHARES
National Distillers and Chemical Corp said it intends to repurchase up to 540,000 of its 32.8 mln common shares outstanding. Reuter 
SEIDMAN WORRIED ABOUT U.S. CONSUMER CONFIDENCE
Federal Deposit Insurance Corp chairman William Seidman said he is worried that consumer confidence will be undermined by panic selling of stocks. "The principal worry is that the market will panic and destroy the really strong confidence that the consumer has in the economy," Seidman told reporters during the Amer...
U.S. HOUSE SPEAKER DENIES TRADE BILL HURT STOCKS
House Speaker Jim Wright dismissed charges that the trade bill before Congress contributed to the fall in stock prices on Wall Street. "That is utterly ridiculous," the Texas Democrat told reporters. Treasury Secretary James Baker and other administration officials over the weekend pointed to the pending legisl...
ALLIED-SIGNAL <ALD> AEROSPACE PROFITS DROP
Allied-Signal Inc said profits in its aerospace division fell 46 pct in the third quarter due to lower margins and significantly higher development costs for several aircraft, including the MD-80. After-tax income from its aerospace operations, the largest of its divisions, was 43 mln dlrs compared with 79 mln dlrs...
ROTO-ROOTER INC <ROTO.O> 3RD QTR NET
Shr 23 cts vs 20 cts Net 1,115,000 vs 971,000 Revs 13.8 mln vs 11.9 mln Nine mths Shr 64 cts vs 52 cts Net 3,134,000 vs 2,521,000 Revs 40.1 mln vs 31.8 mln Reuter 
CITY SAVINGS BANK OF MERIDEN <CSBM.O> 3RD QTR
Shr 34 cts vs not given Net 510,192 vs 328,428 Nine mths Shr one dlr vs not given Net 1,489,831 vs 741,136 NOTE: Company went public in September 1986. Reuter 
HOME FEDERAL SAVINGS BANK OF GEORGIA <HFGA.O>
3rd qtr net Shr 22 cts vs 54 cts Net 366,497 vs 877,148 Nine mths Shr 70 cts vs 1.17 dlrs Net 1,185,352 vs 1,924,255 Reuter 
INTERNATIONAL TELECHARGE INC <ITIL.O> 3RD QTR
Shr loss five cts vs loss eight cts Net loss 657,000 vs loss 566,535 Revs 9,341,755 vs 260,468 Avg shrs 14,323,384 vs 7,081,688 Nine mths Shr loss 19 cts vs loss 39 cts Net loss 2,449,094 vs loss 1,408,789 Revs 15,571,230 vs 683,684 Avg shrs 12,655,172 vs 3,612,300 Reuter 
SPECTRAMED INC <SPMD.O> 3RD QTR NET
Shr profit seven cts vs n/a Net profit 587,000 vs profit 3,231,000 Sales 18.5 mln vs 18.7 mln Nine Mths Shr loss 39 ct s vs n/a Net loss 2,368,000 vs protit 7,165,000 Sales 55.4 mln vs 54.2 mln Note: Current nine month figures include extraordinary loss of 1.2 mln dlrs, or 17 cts per share, ...
M/A/R/C INC <MARC.O> 2ND QTR SEPT 30 NET
Shr 21 cts vs 11 cts Net 661,000 vs 325,000 Revs 13.6 mln vs 13.4 mln Avg shrs 3,148,000 vs 3,011,000 1st half Shr 42 cts vs 25 cts Newt 1,310,000 vs 752,000 Revs 28.2 mln vs 25.6 mln Avg shrs 3,136,000 vs 3,006,000 Reuter 
CHAMBERS DEVELOPMENT CO INC <CDV> 3RD QTR NET
Shr 23 cts vs 15 cts Net 2,641,000 vs 1,295,000 Revs 15.6 mln vs 7,925,000 Avg shrs 11.6 mln vs 8,900,000 Nine mths Shr 65 cts vs 37 cts Net 6,805,000 vs 3,308,000 Revs 42.7 mln vs 20.6 mln Avg shrs 10.5 mln vs 8,900,000 Reuter 
VOPLEX CORP <VOT> 3RD QTR LOSS
Shr loss 24 cts vs loss 13 cts Net loss 619,956 vs loss 340,735 Revs 17.2 mln vs 18.2 mln Nine mths Shr profit six cts vs loss 92 cts Net profit 172,384 vs loss 2,437,333 Revs 57.7 mln vs 57.5 mln Reuter 
SECURITY COUNCIL CALLS TALKS AFTER GULF ATTACK
The U.N. Security Council was called to a private meeting on Monday for consultations following the United States attack on an Iranian oil platform. Meanwhile, a U.N. spokesman said that as far as he knew a report to the council and Secretary General Javier Perez de Cuellar on the action had not been received from...
CATERPILLAR INC SEES HIGHER FISCAL 1987 EARNINGS
UNITED SAVINGS AND LOAN <UNSA.O> 2ND QTR NET
Sept 30 Shr 44 cts Net 905,000 vs 631,000 Six months Shr 88 cts Net 1,793,000 vs 1,378,000 Assets 221 mln vs 223.2 mln Deposits 186.4 mln vs 189.8 mln Loans 176.5 mln vs.7 mln Reuter 
ASEA BROWN BOVERI SETS GROUP STRUCTURE
Asea AB <ASEA.ST> said the group to be formed by its merger with Switzerland's BBC AG Brown Boveri und Cie <BBCZ.Z> would have four main business areas; power plants, power transmission, power distribution and industrial equipment. Asea Brown Boveri Ltd's international markets would continue to be run by decentrali...