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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... |
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