utterance stringlengths 0 13.4k | label listlengths 10 10 |
|---|---|
Unit loss one ct
Net loss 186,000
Revs 10.7 mln
11 mths
Unit loss 7.26 dlrs
Net loss 121.4 mln
Revs 46.9 mln
Note: Partnership formed in February 1986.
Net includes writedown of oil and gas assets of 124.8 mln
dlrs for 11 mths to comply with full-cost accounting methods.
Reuter
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Digicon Inc said it has completed the
previously-announced disposition of its computer systems
division to an investment group led by <Rotan Mosle Inc's>
Rotan Mosle Technology Partners Ltd affiliate.
Reuter
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<Sterling Investment Group>
said it successfully drilled and completed a significant
development well 65 miles southwest of Houston, Texas.
The well has a choke of 11/64 of an inch and is 10,097 feet
deep.
The well initially tested at a maximum daily flow rate of
two mln cubic feet of gas and 304 barrels of ... | [
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Computer Horizons Corp said it
purchased ComputerKnowledge Inc, a software training education
company headquartered in Dallas.
Terms were not disclosed.
Reuter
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Policy Management Systems Corp
said it has acquired the majority of the assets and business of
Allied Research Inc of Salem, Ore., and Consolidated Insurance
Services Inc, of Springfield, Va., for undisclosed terms.
It said the two companies, which had combined 1986 revenues
of about two mln dlrs, provide underwrit... | [
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Unicorp Canada Corp told the
Securities and Exchange Commission it cut its stake in
Purolator Courier Corp to 286,500 shares, or 3.7 pct of the
total outstanding, from 962,400 shares, or 12.4 pct.
Unicorp, a management and investment holding company
controlled by its chairman, George Mann, said it sold 675,900
Puro... | [
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<Nusource Investments Inc>, a
publicly held shell company, said it acquired American
Nutrition Works Inc through a transaction in which American
Nutrition shareholders received 28 mln shares of Nusource stock
in exchange for their shares.
American Nutrition operates a chain of stores sellings
vitamins and health... | [
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The Canadian Wheat Board has advised
the federal government to sharply cut initial prices paid to
farmers for their wheat, oats, and barley in the crop year
beginning August 1, a board spokesman said.
The spokesman declined to give the size of the recommended
price drops but said it would not be good news for weste... | [
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The ruling GATT Council deferred a
decision on whether to set up a dispute panel on the basis of a
European Community complaint against the U.S.- Japanese
agreement on exports of computer semiconductors.
David Woods, spokesman of the General Agreement on Tariffs
and Trade (GATT), told a news briefing that the main ... | [
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First Southern Federal Savings and
Loan Association said it has agreed in principle to acquire
Horizon Financial Corp and Horizon Funding corp from <Victor
Federal Savings and Loan Association> of Muskogee, Okla., for
undisclosed terms.
The company said the purchase is subject to approval of the
boards of First ... | [
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Shr 71 cts vs 43 cts
Net 7,274,000 vs 4,447,000
Rev 161.6 mln vs 77.6 mln
Year
Shr 1.51 dlrs vs 1.32 dlrs
Net 15,401,000 vs 13,525,000
Rev 454.0 mln vs 304.9 mln
Reuter
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<Chatsworth Enterprises
Inc>, a publicly held shell corporation, said it signed a
letter of intent to merger with <Lotoquik International Ltd>, a
Nassau, Bahamas-based maker of video lottery machines.
Under terms of the merger agreement, Chatsworth said
Lotoquik shareholders would own a majority of the surviv... | [
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<Asbestec Industries Inc> said
it signed a letter of intent to buy asbestos abatement
contractor <P.W. Stephens> for three mln dlrs in cash, stock
and notes.
The transaction is expected to be completed early in the
third quarter of its fiscal year ending September 30, 1987.
Asbestec also said it expects t... | [
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The ruling GATT Council set up a formal
dispute panel to examine a U.S. Complaint that a Canadian law
prohibiting export of unprocessed herring and salmon was
discriminatory.
David Wood, official spokesman of the General Agreement on
Tariffs and Trade (GATT), told a news briefing the decision was
taken after bilate... | [
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General Motors Corp staged an explosive
rally on Wall Street after a share buyback program announced
yesterday, but analysts said GM's future remains clouded by
stiff competition and erosion of market share.
GM shares rose 3-1/2 to 79-1/8 in active trading. Analysts
agreed that investors liked the repurchase progra... | [
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Parsow Partnership Ltd, a Nevada
investment partnership, said it lowered its stake in ERC
International Inc to 343,500 shares or 8.3 pct of the total
outstanding common stock, from 386,300 shares, or 9.3 pct.
In a filing with the Securities and Exchange Commission,
Parsow said it sold 42,800 ERC common shares betwe... | [
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Iranian Oil Minister Gholamreza Aqazadeh
is expected here on Friday for talks with his Algerian
counterpart Belkacem Nabi, the official Algerian news agency
APS said today.
Aqazadeh, who will be accompanied by a large delegation,
will have talks on bilateral relations in the field of energy
and exchange views with ... | [
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Net 52.9 mln vs 21.9 mln
NOTE: Company is mutual savings bank.
Reuter
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Oper shr 18 cts vs 28 cts
Oper net 1,076,000 vs 1,441,000
Sales 22.6 mln vs 21.2 mln
Avg shrs 5,970,000 vs 5,080,000
Year
Oper shr 55 cts vs 49 cts
Oper net 3,007,000 vs 2,521,000
Sales 82.9 mln vs 73.7 mln
Avg shrs 5,429,000 vs 4,484,000
Note: Full company name is Bear Automotive Se... | [
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The U.K. Offshore oil industry has
suffered from last year's collapse in oil prices but should not
sustain any permament damage, Minister of State for Energy
Alick Buchanan-Smith said.
The drilling, diving and supply vessels sectors had been
most affected, Buchanan Snith told the House of Commons energy
committee. ... | [
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<Chase Manhattan Bank N.A.> is considering
expanding its operations in Italy, particularly in the consumer
banking sector, a Chase Manhattan official said.
Robert D. Hunter, Chase Manhattan area executive for
Europe, Africa and the Middle East, said at a news conference
that plans to broaden the bank's activitie... | [
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International H.R.S. Industries Inc said
it would reduce its stake in Hal Roach Studios Inc to 22 pct
from 52 pct in return for 6.3 mln U.S. dlrs from Qintex Inc's
Qintex America (Media) Ltd unit.
H.R.S. said that under the deal's first stage, closng March
22, it would sell Qintex 900,000 Hal Roach shares at seven ... | [
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French oil group Total Cie Francaise des
Petroles <TPN.PA> is still expecting a 1.5 billion franc
consolidated net loss, including minority interests, for 1986,
after taking account of stock losses of 7.5 billion francs, the
company said in a communique after a board meeting here.
In late January group president... | [
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Oper shr loss 16 cts vs loss 10 cts
Oper net loss 1,569,000 vs loss 990,000
Sales 50.3 mln vs 50.1 mln
Nine mths
Oper shr loss nine cts vs loss two cts
Oper net loss 849,000 vs loss 199,000
Sales 159.9 mln vs 156.6 mln
NOTE: Current nine mths net includes 1,036,000 dlr pretax
gain on sale of... | [
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Qtly div 12-1/2 cts vs 12-1/2 cts prior
Pay April One
Record March 13
Reuter
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Resource Exploration Inc said it has
agreed to let <Langasco Energy Corp> drill 50 oil and
natural gas wells on its Clinton Sandstone formation within its
Tuscarawas and Harrison County, Ohio area of operation.
Resource said it would receive a cash payment and an
overriding royalty interest on oil and gas produc... | [
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Texas Railroad Commissioner James
Nugent, saying that the ailing oilpatch cannot wait for
Congress to act, today urged Texas state lawmakers to adopt
incentives to find new oil reserves and to exempt severance
taxes on oil produced from stripper wells.
Nugent said in a speech to the Texas house of
representatives t... | [
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Qtly div 15 cts vs 15 cts prior
Pay March 31
Record March 13
Reuter
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Qtly div 12.5 cts vs 12.5 cts in prior qtr
Payable March 13
Record February 27
Reuter
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Pacific Telesis Group chairman Donald
Guinn told a meeting of security analysts that the company sees
continued earnings growth in 1987 above the 1.08 billion dlrs,
or 5.02 dlrs per share, earned in 1986.
Guinn also said that capital spending stood at about 1.8
billion dlrs in 1986, and the company expected the fig... | [
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Shr 13 cts vs 70 cts
Net 1,279,000 vs 7,979,000
Revs 16.4 mln vs 19.6 mln
Year
Shr 89 cts vs 2.43 dlrs
Net 10.3 mln vs 29.8 mln
Revs 56.2 mln vs 83.8 mln
Avg shrs 12.1 mln vs 13.1 mlnm
NOTE: 1986 year net includes gain 12.9 mln dlrs from sale
of eight real estate properties.
Reuter
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Kenya has signed an agreement with
British and German interests to establish a shipping line that
will handle 40 pct of the country's external trade, sources
close to the deal said.
The state-owned Kenya Ports Authority, KPA, signed an
agreement with the Hamburg-based shipping line Unimar
Seetransport to establish ... | [
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U.S. and U.K. bank regulators are asking
banks to set aside more reserves than is necessary to cushion
them against the risks posed by the interest rate and currency
swap transactions they carry, swap dealers said.
After viewing proposed guidelines released jointly today by
the Bank of England and the Federal Reser... | [
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Shr 1.23 dlrs vs 1.33 dlrs
Semi-annual div six cts vs six cts prior payment
Net 16.2 mln vs 14.8 mln
Sales 1.09 billion vs 909.4 mln
NOTE: Dividend is payable April one to holders of record
March nine
Reuter
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Dynamics Corp of America said
it has reached an agreement with CTS Corp resolving all
differences between the two companies.
It said as a result of the settlement, CTS's special board
committee has stopped soliciting orders to purchase some or all
of CTS.
Dynamics, which now owns 27.5 pct of CTS' outstanding
st... | [
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Prospects for renewal of the
five-year U.S./USSR grains agreement are uncertain at this
point, a Soviet trade official told Reuters.
The current trade imbalance between the United States and
the Soviet Union, high U.S. commodity prices, and increased
world grain production make a renewal of the supply agreement
nex... | [
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Danaher Corp said it expects higher
earnings in 1987 versus 1986.
"We expect significant increases in earnings and revenues
in 1987," Steven Rales, Danaher chairman and chief executive
officer, said.
Earlier, the company reported 1986 net earnings of 15.4 mln
dlrs, or 1.51 dlrs a share, versus 13.5 mln dlrs, or... | [
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Shr 71 cts vs 43 cts
Net 7,274,000 vs 4,447,000
Rev 161.6 mln vs 77.6 mln
Year
Shr 1.51 dlrs vs 1.32 dlrs
Net 15,401,000 vs 13,525,000
Rev 454.0 mln vs 304.9 mln
NOTE: Fourth qtr net includes extraordinary gain of 3.8 mln
dlrs, or 37 cts per share, versus 2.9 mln dlrs, or 28 cts a
share, in ... | [
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Trans World Airlines said it has
proposed a cash merger of USAir Group with TWA in which the
holders of USAir common would receive 52 dlrs in cash in
exchange for their stock.
TWA said the offer was made in a letter to Edmin Colodny,
chairman and president of USAir.
TWA said, however, that if the negotiated dea... | [
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CTS Corp and Dynamics Corp of
America reached an agreement resolving all outstanding
differences between them, according to a joint statment.
As a result of the settlement, a special committee of the
board of directors of CTS stopped soliciting offers to buy all
or part of the company, it said.
CTS and DCA also... | [
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Measurex Corp said it
completed the sale of its Measurex (South Africa Pty)
subsidiary to a group of employees who manage the operation.
Measurex, a maker of computer integrated manufacturing
systems, said the subsidiary represented less than one pct of
worldwide revenues and the sale will have no impact on this
ye... | [
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Jefferies and Co said it is making a
market in the stock of USAir Group Inc at 48-1/2 to 50.
USAir received an offer from Trans world airlines to buy
the airline at 52 dlrs cash per share.
USAir was halted on the New York Stock EXcahnge for
dissemination of the news. It was indicated at 47 to 54.
Reuter
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Trans-Lux Corp said its board
declared a five pct stock dividend payable April nine to
holders of record March 20.
The company said directors also declared regular quarterly
dividends on presently outstanding shares of both classes of
common, payable April nine to holders of record March 16.
It said an unchange... | [
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Shr loss one cent
Net loss 186,000
Revs 10.7 mln
11 mths
Shr loss 7.26 dlrs
Net loss 121.4 mln
Revs 46.9 mln
NOTE: In February 1986, Kaneb Services Inc contributed all
of its domestic oil and gas operations to Kaneb Partners, which
was newly formed, and exchanged approximately 3,200,000
depo... | [
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] |
Shr profit three cts vs loss two cts
net profit 157,500 vs loss 60,200
Revs 1.1 mln vs 1.0 mln
Nine months
Shr profit five cts vs profit six cts
Net profit 223,400 vs profit 260,800
Revs 3.2 mln vs 3.1 mln
Reuter
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(CORRECTION) - SHAW'S SUPERMARKETS EARNINGS
In item headlined "SHAW'S SUPERMARKETS INC <SHAW> YEAR JAN
3" please read per share earnings 1.33 drs vs 1.23 dlrs,
correcting order of results.
Reuter

| [
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Shr profit 13 cts vs loss one ct
Net profit 853,000 vs loss 22,000
Sales 41.1 mln vs 20.3 mln
Avg shrs 6,349,753 vs 4,403,852
Nine Mths
Shr profit 57 cts vs profit 28 cts
Net profit 2,869,000 vs profit 1,252,000
Sales 119.0 mln vs 67.6 mln
Avg shrs 5,054,844 vs 4,403,852
Reuter
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] |
Healthvest, a Maryland real estate
investment trust, said it began selling five mln shares of
common stock at 21 dlrs a share.
The company said it is also selling 543,237 shares to
Healthcare International Inc <HII>, giving the company a 9.8
pct stake in Healthvest.
Reuter
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Qtrly div 12.5 cts vs 12.5 cts prior
Pay April 1
Record March 13
Reuter
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Shr 70 cts vs 4.91 dlrs
Net 3.7 mln vs 26.3 mln
Year
Shr 1.99 dlrs vs 3.35 dlrs
Net 10.7 mln vs 18.0 mln
NOTE:1986 year, 4th qtr include capital gains of 3.5 mln
dlrs and 1.1 mln dlrs, respectively and extraordinary gain of
3.4 mln dlrs and 1.2 mln dlrs respectively. 1985 year and 4th
qtr include ca... | [
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Shr 1.52 dlrs vs 17 cts
Net 1,306,000 vs 144,000
Rev 758,000 vs 670,000
Year
Shr 2.68 dlrs vs 2.63 dlrs
Net 2,313,000 vs 2,285,000
Rev 2.8 mln vs 2.7 mln
NOTE: Fourth qtr and 1986 had gains on real estate
investments of 933,000 dlrs, or 1.08 a share, and 970,000 dlrs,
or 1.12 a share, respec... | [
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Qtrly div five cts vs five cts qtr
Pay April One
Record March 16
Reuter
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Shr profit 13 cts vs loss one ct
Net profit 853,000 vs loss 22,000
Revs 41.1 mln vs 20.3 mln
Avg shrs 6,349,753 vs 4,403,852
Nine mths
Shr profit 57 cts vs profit 28 cts
Net profit 2,869,000 vs profit 1,252,000
Revs 119.0 mln vs 67.6 mln
Avg shrs 5,054,844 vs 4,403,000
Note: Company ... | [
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Shr four cts vs four cts prior qtr
Pay May five
Record April 15
Reuter
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] |
USAir Group Inc said it had no comment
on an offer it received from Trans World Airlines to buy USAir
for 52 dlrs cash per share.
USAir spokesman David Shipley also declined comment on
Piedmont Aviation Inc <PIE>. USAir has offered 71 dlrs cash per
share for half of Piedmont's stock, and 73 dlrs in its own
stock... | [
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Congressmen from beef producing
states and representatives of the U.S. livestock industry
urged the Reagan administration to press Japan and South Korea
to open up their markets to imports of beef.
Testifying at a House subcommittee hearing on livestock
issues, Rep. Hal Daub (R-Nebr.), said the administration shou... | [
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Whether the Soviet Union will fulfill
its buying obligations under the U.S./USSR grains agreement
depends entirely on the United States, a Soviet trade official
told Reuters.
"How can I tell that we are ready to fulfill the agreement
if the United States does not want to offer us grain at
competitive prices?" said ... | [
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Qtly div 37.5 cts vs 37.5 cts prior
Pay April eight
Record March 16
Reuter
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Itel Corp said it obtained commitments
from a syndicate of banks for a six-year secured loan of about
325 mln dlrs and had separately filed registration statements
for two public offerings for a total of 150 mln dlrs to fund
its December 1986 acquisition of <Anixter Bros Inc>.
It said one of the offerings will b... | [
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] |
Great American First Savings Bank said
the bank recorded gains exceeding 80 mln dlrs on sales of loans
and mortgage securities valued at 1.1 billion dlrs.
The San Diego-based bank said in a prepared release of its
report to analysts here that the gains included 6.6 mln dlrs in
arbitrage profits from the premium pai... | [
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] |
Tandy Brands Inc said it sold
its Grate Home and Fireplace division to an investor group that
includes some members of Grate's management for 1,600,000 dlrs
in cash and secured notes.
The company said the sale will not materially offset the
9,848,000 dlr non-recurring charge it took against the sale of
the division... | [
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The directors of the American Farm
Bureau, the nation's largest farm organization, voted Tuesday
to urge Congress to leave the 1985 farm bill in place without
alterations.
"We are solidly opposed to opening up the 1985 farm bill,"
said Dean Kleckner, president. "The current farm bill has been
in place for just a li... | [
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Browning-Ferris Industires Inc said its
board declared a two-for-one stock split payable April 24 to
holders of record March 31.
Reuter
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Qtly div 55 cts vs 55 cts prior
Payable May one
Record April three
Reuter
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] |
Banner Industries Inc said it completed
the purchase of all Rexnord Inc <REX> common shares for its
26.25 dlrs per share cash tender offer that ended Feb
27, 1987.
The purchase follows Banner receiving earlier today 310 mln
dlrs under a credit agreement with Citicorp Industries Credit
Inc and the Bank of Nova Sc... | [
1,
0,
0,
0,
0,
0,
0,
0,
0,
0
] |
[
0,
0,
1,
0,
0,
0,
0,
0,
0,
0
] | |
<Phoenix Steel Corp> said a group
of investors offered to buy its Clayton steel plate mill for
eight mln dlrs and the assumption of a bond obligation.
Phoenix did not disclose the indentity of the investors.
Phoenix was forced to close the Clayton mill last month.
The company said the offer represents a m... | [
1,
0,
0,
0,
0,
0,
0,
0,
0,
0
] |
Shr 17 cts vs 15 cts
Net 229,000 vs 201,000
revs 10.5 mln vs 9.9 mln
Year
Shr 21 cts vs 55 cts
Net 283,000 vs 766,000
Revs 40.4 mn vs 39.7 mln
NOTE:1985 shares adjusted to reflect the distribution of
one share of Class B common stock for every two shares of
common stock held of record as of ... | [
0,
0,
0,
1,
0,
0,
0,
0,
0,
0
] |
Sumner Redstone, president of National
Amusements, Inc, predicted he can win regulatory approvals to
wrap up the 3.4 billion dlr acquisition of Viacom International
Inc in 60 to 90 days.
Redstone, 63, catapulted himself into the big leagues of
entertainment early today when a group of Viacom managers and
their fina... | [
1,
0,
0,
0,
0,
0,
0,
0,
0,
0
] |
A senior British official said that
protectionist bills being considered by Congress could trigger
retaliation by the European Community (EEC) and threaten the
global trading system.
Paul Channon, secretary for trade and industry, said if
Congress passed legislation to curb textile imports, which
would hit EC shipm... | [
0,
0,
0,
0,
0,
0,
0,
0,
1,
0
] |
U.S. Trade Representative Clayton
Yeutter said he hoped the U.S. dollar would continue to decline
in relation to the currencies of Taiwan and South Korea as a
way to improve the U.S. trade picture.
Testifying before the House Appropriations subcommittee
which must approve his agency's 1988 budget, he said, "In my
j... | [
0,
0,
0,
0,
0,
0,
1,
0,
1,
0
] |
Qtly div five cts vs five cts prior
Pay March 31
Record March 16
Reuter
| [
0,
0,
0,
1,
0,
0,
0,
0,
0,
0
] |
General Host Corp said it will
report a loss from continuing operations and a sharp decline in
net income for the year ended January 25, 1987, due to
substantial operating losses in its Frank's Nursery and Crafts
unit. For the year ended January 25, 1986, General reported net
income of 29.7 mln dlrs.
The company sa... | [
0,
0,
0,
1,
0,
0,
0,
0,
0,
0
] |
Qtly dividend 22 cts vs 22 cts
Pay April 30
Record April 10
Reuter
| [
0,
0,
0,
1,
0,
0,
0,
0,
0,
0
] |
Qtly dividend 65 cts vs 65 cts
Pay April 15
Record March 31
Reuter
| [
0,
0,
0,
1,
0,
0,
0,
0,
0,
0
] |
New York investor Julian Robertson
and several investment partnerships he controls said they
raised their stake in Capital Wire and Cable Corp to 481,800
shares, or 12.2 pct of the total, from 430,200, or 10.9 pct.
In a filing with the Securities and Exchange Commission
Robertson and his Tiger, Jaguar, Puma and Tig... | [
1,
0,
0,
0,
0,
0,
0,
0,
0,
0
] |
Trans World Airlines Inc complicated
the bidding for Piedmont Aviation Inc by offering either to buy
Piedmont suitor USAir Group or, alternatively, to merge with
Piedmont and USAir.
Piedmont's board was meeting today, and Wall Street
speculated the board was discussing opposing bids from Norfolk
Southern Corp and U... | [
1,
0,
0,
0,
0,
0,
0,
0,
0,
0
] |
Shr loss 29 cts vs profit eight cts
Net loss 2.0 mln vs profit 568,000
year
Shr loss 1.37 dlrs vs profit 88 cts
Net loss 9.3 mln vs profit 6.0 mln
Reuter
| [
0,
0,
0,
1,
0,
0,
0,
0,
0,
0
] |
U.S. Trade Representative Clayton
Yeutter said he plans a July trip to China to discuss trade
issues including China's admission to the General Agreements on
Tariffs and Trade.
Yeutter told a congressional hearing it was possible China
could be a member of GATT before the end of the year.
"They are making major... | [
0,
0,
0,
0,
0,
0,
0,
0,
1,
0
] |
Israel will tender overnight for
33,000 long tons of U.S. sorghum and/or 22,000 long tons of
U.S. corn for April shipment, private export sources said.
Reuter
| [
0,
1,
0,
0,
1,
0,
0,
0,
0,
0
] |
The Reagan administration's
cabinet-level Economic Policy Council is scheduled to meet
Friday to discuss, among other issues, the status of
agricultural legislation, administration officials said.
The officials said discussion of a U.S. Agriculture
Department wheat export subsidy to the Soviet Union was not on
the ... | [
0,
0,
0,
0,
1,
0,
0,
0,
0,
0
] |
Shr 13 cts vs 70 cts
Net 1,538,000 vs 8,614,000
Revs 16.4 mln vs 19.6 mln
12 mths
Shr 89 cts vs 2.43 dlrs
Net 10.3 mln vs 29.8 mln
Revs 56.2 mln vs 83.8 mln
Note: 1986 net is before preferred dividend payments and
includes after-tax gain from sale of real estate properties of
12.9 mln dlrs.
... | [
0,
0,
0,
1,
0,
0,
0,
0,
0,
0
] |
Banner Industries Inc said it completed
the previously announced purchase of Rexnord Inc <REX>. It said
it owns 96 pct of Rexnord's outstanding following the purchase
of all Rexnord's common validly tendered pursuant to its 26.25
dlr per share cash tender offer ended February 27.
Banner also said it received 310... | [
1,
0,
0,
0,
0,
0,
0,
0,
0,
0
] |
Shr 15 cts vs 18 cts
Net 4,500,000 vs 5,300,000
Revs 156.7 mln vs 152.0 mln
YEAR
Shr 72 cts vs 1.11 dlrs
Net 21.7 mln vs 33.0 mln
Revs 695.4 mln vs 653.5 mln
Note: Shr profit relates to class B non-voting shares.
Reuter
| [
0,
0,
0,
1,
0,
0,
0,
0,
0,
0
] |
[
0,
0,
1,
0,
0,
0,
0,
0,
0,
0
] | |
Shr 11 cts vs nine cts
Net 2.1 mln vs 1.6 mln
Revs 60.8 mln vs 32.9 mln
Avg shrs 19.7 mln vs 17.2 mln
Note: period ended January 31.
REUTER
Reuter
| [
0,
0,
0,
1,
0,
0,
0,
0,
0,
0
] |
[
1,
0,
0,
0,
0,
0,
0,
0,
0,
0
] | |
Distillate fuel stocks held in
primary storage fell by 3.4 mln barrels in the week ended Feb
27 to 128.4 mln barrels, the Energy Information Administration
(EIA) said.
In its weekly petroleum status report, the Department of
Energy agency said gasoline stocks were off 100,000 barrels in
the week to 251.5 mln barrel... | [
0,
0,
1,
0,
0,
0,
0,
0,
0,
0
] |
Allis-Chalmers Corp said it asked
lenders and other groups to approve a restructuring plan that
would cause a dilution of the company's existing common stock.
The company said it would sell all of its businesses other
than the American Air Filter business, make a public financing
of more than 100 mln dlrs and pay p... | [
1,
0,
0,
1,
0,
0,
0,
0,
0,
0
] |
Oper shr profit 11 cts vs loss 27 cts
Oper net profit 662,625 vs loss 774,002
Revs 43.9 mln vs 18.4 mln
Year
Oper shr profit 37 cts vs loss 37 cts
Oper net profit 1,487,796 vs loss 1,119,626
Revs 150.1 mln vs 51.7 mln
NOTE: 1986 4th qtr and yr oper net excludes 6,134 dlrs and
720,500 dlrs or... | [
0,
0,
0,
1,
0,
0,
0,
0,
0,
0
] |
Piedmont Aviation Inc said
its board meeting recessed today without taking action on
proposals to combine Piedmont with other corporations.
Piedmont has received opposing bids from Norfolk Southern
Corp and US Air Corp.
Earlier today, Trans World Airlines Inc offered to either
buy Piedmont suitor US Air or, alt... | [
1,
0,
0,
0,
0,
0,
0,
0,
0,
0
] |
U.S. Trade Representative Clayton
Yeutter said he expects imports to fall soon but he was
concerned about the lack of improvement in U.S. exports given
the dollar's decline in the last 18 months.
"I'm convinced we're about to see an improvement on the
import side. I'm more concerned about the export side," he told
... | [
0,
0,
0,
0,
0,
0,
0,
0,
1,
0
] |
The House Ways and Means trade
subcommittee postponed until next week its opening session to
start drafting major changes to U.S. trade laws, a committee
aide said.
The subcommittee had not yet completed the preparatory work
to start writing the legislation, the aide said.
Reuter
| [
0,
0,
0,
0,
0,
0,
0,
0,
1,
0
] |
Oper shr loss 20 cts vs profit 66 cts
Oper net loss 1,995,000 vs profit 5,820,000
Revs 65.2 mln vs 53.0 mln
Avg shrs 9,891,000 vs 8,811,000
Note: 1986 loss excludes extraordinary loss of 2,413,000
dlrs or 25 cts shr including corporate reorganization,
discontinuing of U.S. operations and inventory write... | [
0,
0,
0,
1,
0,
0,
0,
0,
0,
0
] |
Qtly div three cts vs three cts
Pay March 27
Record March 16
Reuter
| [
0,
0,
0,
1,
0,
0,
0,
0,
0,
0
] |
Southland Corp's Citgo Petrleum Corp
said it raised the contract price it will pay for all grades of
crude oil by one dlr a barrel, effective today.
The increase brings Citgo's posted price for West Texas
Intermediate to 17.00 dlrs a bbl. West Texas Sour is also now
priced at 17.00 dlrs/bbl, and Light Louisiana Sou... | [
0,
0,
1,
0,
0,
0,
0,
0,
0,
0
] |
Shr profit ten cts vs loss six cts
Net profit 43,000 vs loss 26,000
Year
Shr profit 46 cts vs profit 12 cts
Net profit 193,294 vs profit 51,029
Assets 44.4 mln vs 25.3 mln
Deposits 40.0 mln vs 21.4 mln
Loans 25.3 mln vs 15.2 mln
Reuter
| [
0,
0,
0,
1,
0,
0,
0,
0,
0,
0
] |
U.S. oil demand as measured by
products supplied rose 2.1 pct in the four weeks ended February
27 to 16.39 mln barrels per day (bpd) from 16.05 mln in the
same period a year ago, the Energy Information Administration
(EIA) said.
In its weekly petroleum status report, the Energy
Department agency said distillate dem... | [
0,
0,
1,
0,
0,
0,
0,
0,
0,
0
] |
The package of proposed farm policy
changes that the Reagan administration sent to Congress today
includes a provision that would eliminate minimum price support
levels for upland cotton, rice and soybeans.
The package, obtained by Reuters, also includes a
provision, outlined in advance by USDA officials, that woul... | [
0,
0,
0,
0,
1,
0,
0,
0,
0,
0
] |
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