titles stringlengths 12 138 | article stringlengths 15 8.85k | category stringclasses 6
values |
|---|---|---|
U.S. COULD COMPLAIN TO GATT ON CANADA CORN DUTY
| U.S. Trade Representative Clayton
Yeutter suggested the U.S. could file a formal complaint with
the General Agreement on Tariffs and Trade (GATT) challenging
Canada's decision to impose duties on U.S. corn imports.
Asked about the Canadian government decision to apply a
duty of 84.9 cents per bushel on ... | Corporate News |
MERCURY ENTERTAINMENT <MCRY> SEES BETTER RESULTS
| Mercury Entertainment Corp said it
expects improved results in 1987.
The company today reported a loss for the year ended
November 30 of 413,021 dlrs on revenues of 600,971 dlrs,
compared with a loss of 163,932 dlrs on revenues of 665,800
dlrs a year before.
| Market and Economy |
RAINIER <RBAN> COMPLETES ACQUISITION
| Rainier Bancorp said it completed the
acquisition of Tacoma, Wash.-based United Bank, for 59 mln dlrs
worth of Rainier stock.
United, a savings bank with 607 mln dlrs in assets and 23
offices, will operate as a wholly-owned subsidiary, Rainier
said.
Rainier, which last month agreed to merge with S... | Financial Reports |
FRANKLIN RESOURCES INC <BEN> SETS QUARTERLY
| Qtly div six cts vs six cts prior
Pay April 10
Record March 27
| Market and Economy |
BALLADUR MAINTAINS 1987 FRENCH INFLATION TARGET
| Finance Minister Edouard Balladur said he
was maintaining his 2.5 pct inflation target for 1987 after the
announcement earlier today of a 3.4 pct year-on-year rise in
retail prices for February.
He told a radio interviewer he saw no reason to revise his
target for 1987 after the February monthly result ... | Other |
GENERAL CINEMA <GCN> SEES FLAT 1987 NET
| General Cinema Corp said it expects
flat net income for fiscal 1987 ending Oct. 31 against 125.8
mln dlrs or 3.43 dlrs a share a year ago.
The company said the costs of a restructuring at its Carter
Hawley Hale Stores Inc unit and the previous purchase of an 8.5
pct stake in <Cadbury Schweppes PLC> w... | Commodities and Trade |
LEVON RESOURCES <LVNVF> GOLD ASSAYS IMPROVED
| Levon Resources Ltd
said re-checked gold assays from the Howard tunnel on its
Congress, British Columbia property yielded higher gold grades
than those reported in January and February.
It said assays from zone one averaged 0.809 ounces of gold
a ton over a 40 foot section with an average width of 6.26
... | Market and Economy |
<TEECO PROPERTIES LP> SETS CASH DISTRIBUTION
| Qtly distribution 10 cts per unit vs 10 cts prior
Pay April 20
Record March 31
| Financial Reports |
CRONUS INDUSTRIES INC <CRNS> SELLS UNIT
| Cronus Industries Inc said it agreed to
sell its heat transfer equipment business, Southwestern
Engineering Co, for a slight premium over book value, plus a
release of Cronus from liability on approximately three mln
dlrs of subsidiary indebtedness.
The company said the sale to a subsidiary of Senior
... | Market and Economy |
<RADIX VENTURES INC> 2ND QTR JAN 31 LOSS
| Shr loss three cts vs loss 12 cts
Net loss 25,836 vs loss 88,819
Revs 50.3 mln vs 45.2 mln
Six mths
Shr profit nil vs loss 18 cts
Net profit 2,843 vs loss 137,653
Revs 109.3 mln vs 99.3 mln
| Other |
TRADE SEES STEADY CORN/WHEAT EXPORT INSPECTIONS
| The USDA's weekly export inspection
report is expected to show steady corn and wheat exports and
lower soybean exports, according to CBT floor traders'
forecasts.
Traders projected soybean exports at 16 mln to 18 mln
bushels, down from 18.6 mln bushels a week ago and 20.3 mln
bushels a year ago.
... | Commodities and Trade |
ADOBE SYSTEMS INC <ADBE> 1ST QTR FEB 28 NET
| Shr 15 cts vs six cts
Net 1,410,000 vs 550,000
Revs 6,901,000 vs 2,392,000
Avg shrs 10,326,000 vs 9,064,000
Note: Prior qtr per share figure adjusted for two-for-one
stock split of February 27.
| Corporate News |
ARMTEK <ARM> COMPLETES SALE OF ASSETS
| Armtek Corp, formerly
Armstrong Rubber Co, completed the previously announced sale of
its Natchez, Miss., tire plant and other assets to <Condere
Corp>, Condere said.
Condere, formed to acquire the Armstrong assets, said it
named Dennis Terwillger, formerly vice president and controller
of Armstron... | Commodities and Trade |
202 DATA SYSTEMS INC <TOOT> 1ST QTR JAN 31 NET
| Shr three cts vs four cts
Net 101,376 vs 125,922
Revs 568,884 vs 494,227
| Corporate News |
VISHAY <VSH> SETS TWO PCT STOCK DIVIDEND
| Vishay Intertechnology Inc said
its board declared a two pct stock dividend, payable April 10
to holders of record on March 26.
The company said the stock dividend will be paid only to
holders of commons tock who do not exchange for Class B stock
in Vishay's current exchange offer, which expires March 2... | Market and Economy |
<ONYX PETROLEUM EXPLORATION CO LTD> YEAR LOSS
| Shr loss 2.82 dlrs vs profit 35 cts
Net loss 10,556,478 vs profit 1,286,341
Revs 6,202,157 vs 7,641,290
Note: 1986 shr and net after 10,282,353 dlr writedown on
oil and gas property values
| Financial Reports |
UNISYS CORP <UIS> SETS QUARTERLY
| Qtly div 65 cts vs 65 cts prior
Pay May Seven
Record April Seven
| Commodities and Trade |
INTEGRATED CIRCUITS <ICTM> SETS RECORD DATE
| Integrated Circuits Inc said it
set March 17 as the record date for its previously announced 10
pct stock dividend.
The company said it will distribute the dividend on March
31.
| Financial Reports |
BP <BP> UNIT SEES MINE PROCEEDING
| British Petroleum Co PLC said based on
a feasibility report from <Ridgeway Mining Co>, its joint
venture Ridgeway Project in South Carolina could start
commercial gold production by mid-1988.
The company said the mine would produce at an approximate
rate of 158,000 ounces of gold per year over the fi... | Financial Reports |
NORWAY APPROVES TRADE BAN AGAINST SOUTH AFRICA
| Norway's parliament has approved an
extensive trade ban against South Africa but left shipowners a
key loophole through which controversial oil shipments on
Norwegian tankers may continue, government officials said.
The unilateral boycott, proposed by Norway's minority
Labour government, gives domestic ... | Commodities and Trade |
MSA REALTY CORP <SSS> 4TH QTR NET
| Shr profit four cts vs loss two cts
Net profit 247,970 vs loss 57,341
Revs 2,393,622 vs 2,627,612
Avg shrs 5,958,432 vs 2,440,100
Year
Shr profit 71 cts vs loss 35 cts
Net profit 3,213,310 vs loss 849,180
Revs 14.6 mln vs 9,099,767
Avg shrs 6,177,666 vs 2,440,083
... | Financial Reports |
LEAR PETROLEUM PARTNERS LP <LPP> 4TH QTR LOSS
| Oper shr loss nil vs loss nil
Oper net loss 112,000 vs loss 125,000
Revs nil vs nil
Avg shrs 26.7 mln vs 21.9 mln
Year
Oper shr loss two cts vs loss two cts
Oper net loss 450,000 vs loss 503,000
Revs nil vs nil
Avg shrs 24.8 mln vs 20.8 mln
NOTE: Net excludes loss... | Corporate News |
WESTRONIC INC <WSTX> YEAR LOSS
| Shr loss 1.13 dlr vs loss 2.04 dlrs
Net loss 3,674,000 vs loss 3,016,000
Revs 2,894,000 vs 1,464,000
| Financial Reports |
KENAN TRANSPORT CO <KTCO> SETS QUARTERLY
| Qtly div four cts vs four cts prior
Pay April 15
Record March 31
| Corporate News |
GENCORP 1ST QTR SHR 77 CTS VS 84 CTS
|
GENCORP 1ST QTR SHR 77 CTS VS 84 CTS
| Corporate News |
JACOBSON <JCBS> VOTES SPLIT, INCREASES PAYOUT
| Jacobson Stores Inc said its
board voted a three-for-two stock split, payble March 30,
record March 13.
In other action, Jacobson's directors approved an increase
in its quarterly dividend to 11 cts on a post split basis
payable April 14, record March 30.
The new dividend rate represents a 32 pct ... | Financial Reports |
GOTAAS-LARSEN <GOTLF> TO BUILD FIFTH CARRIER
| Gotaas-Larsen Shipping Corp
said it had exercised an option to build a fifth in a series of
crude oil carriers to be constructed by <Daewoo Shipbuilding
and Heavy Machinery Ltd> in South Korea.
| Corporate News |
DANISH CREDIT DOWNGRADING NOT DRAMATIC - MINISTER
| Finance Minister Palle Simonsen said
today's downgrading of Denmark's credit rating by Standard and
Poor's Corp should not be over-dramatised.
Standard and Poor's said it had downgraded the Kingdom of
Denmark's long-term external debt to AA from AA-Plus, following
the country's loss of the top AAA ratin... | Commodities and Trade |
MAGNETIC TECHNOLOGIES CORP <MTCC> 1ST HALF NET
| Jan 31 end
Shr not given
Net profit 105,013 vs loss 745,641
Sales 3,661,565 vs 2,810,132
| Market and Economy |
GENCORP <GY> 1ST QTR FEB 28 NET
| Shr 77 cts vs 84 cts
Net 17 mln vs 19 mln
Sales 650 mln vs 614 mln
| Corporate News |
BP UNIT SEES U.S. GOLD MINE PROCEEDING
| British Petroleum Co PLC said based on
a feasibility report from Ridgeway Mining Co, its joint venture
Ridgeway Project in South Carolina could start commercial gold
production by mid-1988.
The company said the mine would produce approximately
158,000 ounces of gold per year over the first four full yea... | Corporate News |
SAFETY-KLEEN <SK> TO BUY STAKE IN OIL REFINER
| Safety-Kleen Corp said it has
tentatively agreed to buy an 80 pct stake in Breslube
Enterprises of Toronto for 14 mln dlrs in stock, cash and
equipment.
Price includes 14 mln dlrs of Safety-Kleen common stock,
cash and a rerefining plant owned by Safety-Kleen. Closing of
the deal is expected by May.
... | Financial Reports |
TRADE INTERESTS READY FOR BATTLE IN U.S. HOUSE
| U.S. lawmakers are gearing up for a
showdown between protectionists and free traders as a major
trade bill winds its way through committees to a vote by the
full House of Representatives in late April.
In a move to toughen U.S. enforcement of trade laws, a key
House subcommittee last week approved a ton... | Financial Reports |
MAGNETIC TECHNOLOGIES <MTCC> SEES IMPROVEMENT
| Magnetic Technologies Corp said
it expects the second half to show continued growth in earnings
and sales.
The company today reported a profit for the first half
ended January 31 of 105,013 dlrs, compared with a year-earlier
loss of 745,641 dlrs, on sales of 3,661,565 dlrs, up from
2,810,132 dlrs. In... | Market and Economy |
LEVON RESOURCES REPORTS IMPROVED GOLD ASSAYS
| Levon Resources Ltd
said re-checked gold assays from the Howard tunnel on its
Congress, British Columbia property yielded higher gold grades
than those reported in January and February.
It said assays from zone one averaged 0.809 ounces of gold
a ton. Levon previously reported the zone averaged 0.226 ou... | Market and Economy |
WELBILT CORP <WELB> 4TH QTR NET
| Shr 58 cts vs 54 cts
Net 3,144,000 vs 2,464,000
Revs 54.6 mln vs 38.6 mln
Avg shrs 5,394,000 vs 4,602,000
Year
Shr 2.03 dlrs vs 1.76 dlrs
Net 10.5 mln vs 8,084,000
Revs 201.1 mln vs 152.4 mln
Avg shrs 5,154,000 vs 4,602,000
| Market and Economy |
SATELLITE MUSIC NETWORK INC <SMNI> YEAR NET
| Oper shr four cts vs three cts
Oper net 340,036 vs 223,297
Revs 11.1 mln vs 9,514,115
Avg shrs 8,926,909 vs 7,672,146
NOTE: Net excludes tax credits of 252,160 dlrs vs 152,717
dlrs.
| Other |
STARREX LINKS SHARE PRICE TO ASSAY SPECULATION
| <Starrex Mining Corp Ltd> said a sharp
rise in its share price is based on speculation for favorable
results from its current underground diamond drilling program
at its 35 pct owned Star Lake gold mine in northern
Saskatchewan.
Starrex Mining shares rose 40 cts to 4.75 dlrs in trading
on the To... | Corporate News |
COMBINED INT'L TO ASK DOUBLING OF AUTHORIZED SHARES, STOCK SPLIT
|
COMBINED INT'L TO ASK DOUBLING OF AUTHORIZED SHARES, STOCK SPLIT
| Financial Reports |
HARLEY-DAVIDSON INC <HDI> 4TH QTR NET
| Oper shr 18 cts vs 51 cts
Oper net 1,048,000 vs 1,870,000
Revs 72.2 mln vs 73.5 mln
Avg shrs 5,910,000 vs 3,680,000
Year
Oper shr 82 cts vs 72 cts
Oper net 4,307,000 vs 2,637,000
Revs 295.3 mln vs 287.5 mln
Avg shrs 5,235,000 vs 3,680,000
NOTE: Results exclude one... | Financial Reports |
ETHIOPIA MINISTER SEES AFRICA DEBT PAYMENT PROBLEM
| Africa may have to follow Brazil in
halting foreign debt payments unless industrialised nations are
prepared to be more flexible in trade and economic policy,
Ethiopian trade minister Tesfay Dinka said.
Growing protectionism and declining commodity prices had
caused a major deterioration in the export e... | Commodities and Trade |
CANBRA FOODS LTD SETS SPECIAL ONE-TIME FIVE DLR/COMMON SHR CASH PAYOUT
|
CANBRA FOODS LTD SETS SPECIAL ONE-TIME FIVE DLR/COMMON SHR CASH PAYOUT
| Commodities and Trade |
CANBRA FOODS LTD YEAR OPER SHR PROFIT 1.52 DLRS VS LOSS 55 CTS
|
CANBRA FOODS LTD YEAR OPER SHR PROFIT 1.52 DLRS VS LOSS 55 CTS
| Corporate News |
WILSON FOODS CORP <WILF> 2ND QTR JAN 31 NET
| Oper shr profit 21 cts vs loss 55 cts
Oper net profit 1,528,000 vs loss 3,296,000
Sales 329.4 mln vs 368.0 mln
1st half
Oper shr profit 28 cts vs loss 4.55 dlrs
Oper net profit 2,026,000 vs loss 27.3 mln
Sales 691.3 mln vs 738.2 mln
NOTE: Prior half net includes pretax charge... | Corporate News |
<CANBRA FOODS LTD> YEAR NET
| Oper shr profit 1.52 dlrs vs loss 55 cts
Oper profit 4,172,188 vs loss 1,502,032
Revs not given
Note: 1986 shr and net exclude extraordinary gain of
1,294,245 dlrs or 47 cts share on sale of Stafford Foods unit
| Other |
OXFORD FIRST CORP <OFC> 4TH QTR NET
| Oper shr 45 cts vs 24 cts
Qtly div six cts vs six cts prior
Oper net 1,766,000 vs 950,000
Revs 9,321,000 vs 5,298,000
Year
Oper shr 1.25 dlrs vs one dlr
Oper net 4,985,000 vs 3,894,000
Revs 28.3 mln vs 19.9 mln
NOTE: Net excludes losses from discontinued operations of
... | Market and Economy |
HARRIS-TEETER PROPERTIES <HTP> REPORTS EARNINGS
| Harris-Teeter Properties Inc
reported fourth quarter fiscal 1986 earnings per share of 24
cts on earnings of 601,000 dlrs.
The realty investment trust company started operations in
August and had no comparable figures, it said.
| Market and Economy |
<HOECHST AG> COMPLETES CELANESE <CZ> ACQUISITION
| Hoechst AG of West Germany said
it has completed the acquisition of Celanese Corp.
Hoechst acquired a majority of Celanese shares in a recent
tender offer at 245 dlrs per common share.
| Corporate News |
BSN CORP <BSN> 4TH QTR NET
| Shr two cts vs eight cts
Net 73,000 vs 233,000
Revs 21.0 mln vs 9,510,000
Avg shrs 3,620,000 vs 2,886,000
Year
Shr 66 cts vs 37 cts
Net 2,246,000 vs 1,064,000
Revs 68.3 mln vs 40.8 mln
Avg shrs 3,392,000 vs 2,886,000
NOTE: 1985 year net includes extraordinary gain... | Financial Reports |
BSN <BSN> SEES HIGHER 1987 NET
| BSN Corp said it expects revenues of
about 120 mln dlrs and a substantial increase in net income and
earnings per share for 1987.
Today it reported 1986 net income of 2,246,000 dlrs or 66
cts per share on revenues of 68.3 mln dlrs, up from 1,064,000
dlrs or 37 cts per share on revenues of 40.8 mln dlrs ... | Corporate News |
COMBINED INT'L <PMA> HOLDERS TO VOTE ON SPLIT
| Combined International Corp said it
will ask shareholders at the April 23 annual meeting to approve
the doubling of authorized common shares to 120 mln.
Holders will also vote on a proposal to create a new class
of 25 mln shares of serial preferred stock one dlr par value in
place of its existing classe... | Market and Economy |
CANBRA FOODS SETS SPECIAL FIVE DLR/SHR PAYOUT
| <Canbra Foods Ltd>, earlier
reporting a 1986 net profit against a year-ago loss, said it
declared a special, one-time dividend of five dlrs per common
share, pay March 31, record March 26.
Canbra said it set the special payout to allow shareholders
to participate in the gain on the sale of unit Staff... | Financial Reports |
AMERICUS TRUST <HPU> EXTENDS DEADLINE
| Americus Trust for American Home
Products Shares said it extended its deadline for accepting
tendered shares until November 26, an extension of nine months.
The trust, which will accept up to 7.5 mln shares of
American Home Products <AHP>, said it has already received
tenders for about four mln share... | Corporate News |
ADVANCE CIRCUITS INC <ADVC> 2ND QTR FEB 28 NET
| Oper shr profit one cts vs loss 22 cts
Oper net profit 35,000 vs loss 948,000
Revs 17.4 mln vs 13.8 mln
Six mths
Oper shr loss 23 cts vs loss 48 cts
Oper net loss 1,025,000 vs loss 2,093,000
Revs 32.5 mln vs 27.6 mln
NOTE: Results exclude credits of 1,737,000 or 39 cts shr
... | Other |
COMMONWEALTH MORTGAGE <CMA> SETS PAYOUT
| Qtrly div 26 cts Class A vs 12 cts
Qtrly div one cent Class B vs nil
Pay May 15
Record March 31
NOTE: prior qtr pro rated on 45 day basis for abbreviated
qtr.
Full name of company commonwealth mortgage of america.
| Commodities and Trade |
<BKLA BANCORP> DEC 31 YEAR NET
| Shr 90 cts vs 66 cts
Net 924,000 vs 679,000
Loans 88.7 mln vs 67.4 mln
Deposits 165.5 mln vs 106.7 mln
Assets 181.5 mln vs 124.5 mln
| Financial Reports |
PRECISION TARGET MARKETING <PTMI> 3RD QTR NET
| Qtr ends Jan 31
Shr profit one ct vs loss two cts
Net profit 74,000 vs loss 122,000
Revs 1,657,000 vs 1,416,000
Nine mths
Shr profit five cts vs loss 10 cts
Net profit 299,000 vs loss 624,000
Revs 5,134,000 vs 3,744,000
NOTE: Full name Precision Target Marketing Inc.
... | Corporate News |
CHEYENNE SOFTWARE <CHEY> IN ACQUISITION TALKS
| Cheyenne Software Inc said it is
in preliminary talks on the acquisition of compouter hardware
distribution firm F.A. Components Inc and its Freeman-Owings
Inc subsidiary.
The company said F.A. had sales of 43.1 mln dlrs for 1986
and expects to report a loss for the year.
Cheyenne said the purchas... | Commodities and Trade |
HUDSON VALLEY PATROL AGREES TO BUY GUARD FIRM
| Hudson Valley Patrol Inc said it
agreed to acquire privately held Federal Protection Services
Inc, a Palm Beach, Fla., security firm, for 200,000 common
shares and other considerations.
Hudson Valley, which provides guard and patrol services in
upstate N.Y., said Federal Protection Services provides
i... | Market and Economy |
ICCO TO EXAMINE BUFFER STOCK PROPOSAL TOMORRROW
| The International Cocoa Organization,
ICCO, council adjourned after presenting divergent producer and
consumer views on buffer stock rules and agreeing to examine a
draft compromise proposal on the buffer stock issue tomorrow,
delegates said.
ICCO Executive Director Kobena Erbynn will draw up what
som... | Financial Reports |
AM INTERNATIONAL <AM> CITES STRONG PROSPECTS
| AM International Inc, reporting an
operating loss for the January 31 second quarter, said
prospects for the balance of the fiscal year remain good.
It said orders at its Harris Graphics subsidiary, acquired
in June 1986, "continue to run at a strong pace." For the six
months, orders rose 35 pct over the... | Corporate News |
MORSE SHOE INC <MRS> 4TH QTR NET
| Shr 59 cts vs 48 cts
Net 3,244,000 vs 2,584,000
Revs 169.3 mln vs 156.0 mln
12 mths
Shr 1.78 dlrs vs 1.32 dlrs
Net 9,733,000 vs 7,164,000
Revs 585.6 mln vs 541.0
| Other |
AMCAST INDUSTRIAL CORP <ACST> 2ND QTR MARCH ONE
| Shr profit 10 cts vs loss 2.20 dlrs
Net profit 687,000 vs loss 14.5 mln
Sales 68.3 mln vs 54.8 mln
Avg shrs 7,018,000 vs 6,577,000
1st half
Shr profit 38 cts vs loss 1.95 dlrs
Net profit 2,596,000 vs loss 12.8 mln
Sales 129.9 mln vs 113.3 mln
Avg shrs 6,964,000 vs 6,568... | Commodities and Trade |
SCIENTIFIC SYSTEMS SERVICES INC <SSSV> 4TH QTR
| Shr profit four cts vs loss 49 cts
Net profit 160,700 vs loss 1,867,100
Revs 4,700,000 vs 5,600,000
Year
Shr profit two cts vs loss 1.20 dlrs
Net profit 84,400 vs loss 4,507,800
Revs 20.5 mln vs 22.5 mln
| Commodities and Trade |
SKIPPERS INC <SKIP> SEMI-ANNUAL DIVIDEND
| Semi-annual div four cts vs four cts
Pay April 30
Record April 9
| Corporate News |
ZIEGLER CO INC <ZEGL> SETS QUARTERLY
| Qtly div 13 cts vs 13 cts prior
Pay April 17
Record April 3.
| Commodities and Trade |
U.S. EXPORT INSPECTIONS, IN THOUS BUSHELS SOYBEANS 18,345 WHEAT 11,470 CORN 34,940
|
U.S. EXPORT INSPECTIONS, IN THOUS BUSHELS SOYBEANS 18,345 WHEAT 11,470 CORN 34,940
| Industrial and Sector News |
BANKING CENTER <TBCX> TO MAKE ACQUISITION
| Banking Center said it has
signed a letter of intent to acquire First Railroad Mortgage Co
from First Union Bank of Augusta, Ga., for undisclosed terms.
The company said First Railroad had loan production of over
100 mln dlrs in 1986 and was servicing over 435 mln dlrs in
loans at the end of 1986.
| Corporate News |
SAN PAOLO DI TORINO TO ACQUIRE CALIFORNIAN BANK
| Italian state bank <Istituto Bancario San
Paolo di Torino> said its fully-owned <San Paolo U.S. Holding
Co> of Wilmington in the U.S. had signed a letter of intent to
acquire <Valley National Bank> of California.
San Paolo said in a statement that, subject to obtaining
official authorization fr... | Corporate News |
USDA DETAILS CONSERVATION CROP ENROLLMENT
| Farmers enrolled over 6.5 mln acres
of program crops in the latest conservation reserve program
signup and around four mln acres of non-program crops,
Agriculture Department conservation specialists said.
Soybean acreage amounted to less than two mln acres of the
non-program crop acreage enrolled, a USD... | Corporate News |
U.S. SENATOR UNCOMMITTED ON OFFERING 0/92 BILL
| Senator Richard Lugar of Indiana,
ranking Republican on the U.S. Senate Agriculture Committee,
has not decided whether to introduce an administration-backed
bill to apply the so-called 0/92 provision to 1988 through 1990
grain crops, an aide to the senator said.
The Reagan administration has asked Lugar... | Market and Economy |
INTERNATIONAL FINE FOODS MAKES ACQUISITION
| <International Fine Foods Inc> said it
has acquired 2001 Distributors Inc of West Babylon, N.Y., for
875,000 common shares, plus contingent shares based on future
earnings.
2001 distributes fresh-squeezed juices and had a loss on
sales of about one mln dlrs in 1986, its first year of
operation.
... | Other |
UNITED TOTE INC <TOTE> 1ST QTR JAN 31 NET
| Shr profit nil vs loss 10 cts
Net profit 2,936 vs loss 170,866
Revs 4,147,248 vs 1,091,392
| Industrial and Sector News |
ICO QUOTA TALKS CONTINUE, OUTCOME HARD TO GAUGE
| Talks at the extended special meeting of
the International Coffee Organization (ICO) on the
reintroduction of export quotas continued, but chances of
success were still almost impossible to gauge, delegates said.
Producer delegates were meeting to examine a Colombian
proposal to resume historical quotas... | Market and Economy |
SEVEN OAKS <QPON> IN TELEMARKETING VENTURE
| Seven Oaks International Inc
said it has formed a new 80 pct owned subsidiary called Seven
Oaks Direct Inc to offer a full line of telemarketing services.
It said Seven Oaks direct management will own the remaining
20 pct.
The company said initial costs connected with the startupo
of a new Memphis... | Other |
QUADREX CORP <QUAD> 4TH QTR JAN 31 LOSS
| Shr loss eight cts vs loss 20 cts
Net loss 586,000 vs los 1,497,000
Revs 13.8 mln vs 14.4 mln
Year
Shr loss 15 cts vs loss 18 cts
Net loss 1,135,000 vs loss 1,377,000
Revs 57.7 mln vs 55.1 mln
| Financial Reports |
PHILIP CROSBY ASSOCIATES <PCA> EARNINGS DELAYED
| Philip Crosby Associates Inc
said its fourth quarter and annual earnings report will be
delayed two more weeks.
The company cited the recent in-house embezzlement and a
subsequent review by auditors of its international situation as
reason for the delay.
Philip Crosby, however, said it believes it... | Corporate News |
UNITED TOTE INC <TOTE> 1ST QTR JAN 31 NET
| Shr nil vs loss 10 cts
Net profit 2,936 vs loss 170,866
Revs 4,147,248 vs 1,091,392
| Other |
PACIFIC RESOURCES <PRI> INSTALLS OIL MOORING
| Pacific Resources Inc said it has
installed a CALM (Catenary Anchor Leg Mooring) single-point
mooring terminal off the southwest coast of Oahu at its
Hawaiian Independent Refinery at a cost of 3.5 mln dlrs.
The system transfers crude and fuel oils from tankers to
the refinery's tank farm and carries ref... | Other |
NEW PLAN REALTY TRUST <NPR> 2ND QTR NET
| Qtr ends Jan 31
Shr 22 cts vs 19 cts
Net 4,549,000 vs 3,666,000
Revs 8,903,000 vs 7,791,000
Avg shrs 20.9 mln vs 19.9 mln
Six mths
Shr 42 cts vs 41 cts
Net 8,641,000 vs 7,928,000
Revs 17.5 mln vs 14.6 mln
Avg shrs 20.8 mln vs 19.4 mln
NOTE: earnings were res... | Financial Reports |
SCHLUMBERGER SAYS IT TERMINATES PACT TO SELL FAIRCHILD SEMICONDUCTOR BUSINESS TO FUJITSU
|
SCHLUMBERGER SAYS IT TERMINATES PACT TO SELL FAIRCHILD SEMICONDUCTOR BUSINESS TO FUJITSU
| Financial Reports |
MORE CCC CREDIT GUARANTEES FOR ALGERIA -- USDA
| The Commodity Credit Corporation
(CCC) has approved an additional 84.0 mln dlrs in credit
guarantees for sales of U.S. agricultural products to Algeria
for fiscal year 1987 under the Export Credit Guarantee Program
(GSM-102), the U.S. Agriculture Department said.
The department said the additional guara... | Corporate News |
PL 480 COMMODITIES FOR HONDURAS -- USDA
| The United States has signed a
Public Law 480 agreement with Honduras to provide for the sale
of 12.0 mln dlrs worth of U.S. agricultural commodities, the
U.S. Agriculture Department said.
The agreement, signed March 11, provides for the sale of
about 75,000 tonnes of wheat/wheat flour worth 8.5 mln dlr... | Corporate News |
U.S. EXPORTERS REPORT 150,000 TONNES CORN SOLD TO UNKNOWN DESTINATIONS FOR 1986/87
|
U.S. EXPORTERS REPORT 150,000 TONNES CORN SOLD TO UNKNOWN DESTINATIONS FOR 1986/87
| Corporate News |
SENS. DANFORTH, BOND ASK TARGETED 0/92 MEASURE
| Missouri Republican Senators John
Danforth and Christopher Bond have introduced a bill that would
allow wheat and feedgrain producers along the Mississippi and
Missouri Rivers hurt by flooding last year to collect at least
92 pct of their deficiency payments this year without planting.
Danforth aide Aus... | Other |
CCC ACCEPTS BONUS BID ON BARLEY TO CYRPUS
| The Commodity Credit Corporation
(CCC) has accepted a bid on an export bonus to cover the sale
of 8,000 tonnes of barley to Cyprus, the U.S. Agriculture
Department said.
The barley is for shipment May 5-20 and the bonus of 39.32
dlrs per tonne was made to Harvest States Cooperatives, the
department sa... | Corporate News |
LYNCH CORP <LGL> UNIT BUYS TELEVISION STATION
| Lynch Corp subisidiary Lynch
Entertainment Corp said it formed a general partnership called
Coronet Communications Co, which has acquired WHBF-TV station,
in Rock Island, Ill.
The company said the price for the station, a CBS
television network affiliate, was 20 mln dlrs. The company also
said the oth... | Financial Reports |
SCHLUMBERGER <SLB> ENDS PACT TO SELL FAIRCHILD
| Schlumberger Ltd said it terminated an
agreement in principle for Fujitsu Ltd to buy 80 pct of its
Fairchild Semiconductor operations.
The company said the rising political controversy in the
U.S. concerning the venture made it unlikely that the sale of
the Fairchild stake could be completed within a re... | Corporate News |
HENLEY GROUP <HENG> SETS FISHER DISTRIBUTION
| Henley Group Inc said it
declared a special dividend distribution of one Fisher
Scientific Group Inc share for every 16 Henley shares.
Previously, it said it would pay one fisher share for every
20 outstanding, but it changed the ratio because of the
reduction in its outstanding shares to 109 mln from 1... | Financial Reports |
GENCORP <GY> 1ST QTR OPERATING EARNINGS ROSE
| GenCorp said its first quarter
earnings from operations rose four pct as sales increased six
pct to 650 mln dlrs from 614 mln a year earlier.
However, the company reported net income declined to 17 mln
dlrs, or 77 cts a share, in the quarter ended February 28 from
19 mln dlrs, or 84 cts a year earlier. ... | Corporate News |
NEW EEP DURUM WHEAT OFFER TO ALGERIA -- USDA
| U.S. exporters will have the
opportunity to sell an additional 300,000 tonnes of U.S. durum
wheat to Algeria under the Export Enhancement Program, EEP, the
U.S. Agriculture Department said.
The department said the sales will be subsidized with
commodities from the Commodity Credit Corporation, CCC,
in... | Financial Reports |
MCCORMICK AND CO INC <MCCRK> 1ST QTR FEB 28 NET
| Shr 37 cts vs 35 cts
Net 4,346,000 vs 4,202,000
Revs 232.0 mln vs 223.2 mln
| Market and Economy |
TWA SAID IT DOES NOT INTEND TO SEEK CONTROL OF USAIR, ACQUIRE MORE STOCK AT THIS TIME
|
TWA SAID IT DOES NOT INTEND TO SEEK CONTROL OF USAIR, ACQUIRE MORE STOCK AT THIS TIME
| Other |
TELEQUEST INC <TELQ> 4TH QTR DEC 31 LOSS
| Shr loss nine cts vs profit 35 cts
Net loss 299,000 vs profit 1,025,000
Sales 9,704,000 vs 9,659,000
Avg shrs 3,792,138 vs 2,892,138
Year
Shr profit one ct vs profit 58 cts
Net profit 45,000 vs profit 1,705,000
Sales 25.4 mln vs 17.8 mln
Avg shrs 3,567,138 vs 2,892,138
... | Corporate News |
U.S. EEP VEG OIL PROPOSALS STILL UNDER REVIEW
| U.S. Agriculture Department
proposals to offer 260,000 tonnes of subsidized vegetable oil
to four countries are still under consideration by an
interagency trade policy group, a USDA official close to the
group said.
The official, who asked not to be identified, dismissed a
report circulating in marke... | Corporate News |
AMCAST INDUSTRIAL CORP <ACST> 2ND QTR NET
| Qtr ends March One
Shr profit 10 cts vs loss 2.20 cts
Net profit 687,000 vs loss 14.5 mln
Revs 68.3 mln vs 54.8 mln
Avg shrs 7,018,000 vs 6,577,000
Six mths
Shr profit 38 cts vs loss 1.95
Net profit 2,596,000 vs loss 12.8 mln
Revs 129.9 mln vs 113.3 mln
Avg shrs 6... | Financial Reports |
CHICAGO DOCK AND CANAL <DOCKS> 3RD QTR NET
| Period ended Jan 31
Shr 16 cts vs 10 cts
Net 901,000 vs 562,000
Nine mths
Shr 1.77 dlrs vs 19 cts
Net 9,886,000 vs 1,122,000
NOTE: Full name is Chicago Dock and Canal Trust
1987 nine months earnings include gain from dispositions of
real estate of 7,666,000 dlrs, or 1.33 dl... | Financial Reports |
MCGRAW HILL <MHP> BUYS HARPER/ROW <HPR> UNIT
| McGraw-Hill Inc said it bought
<Medecines et Sciences Internationales SA>, a French Healthcare
publisher, from Harper and Row Publishers Inc.
The sum of the deal was not disclosed.
It said the French company publishes original titles by
French authors, as well as translations of American, British... | Financial Reports |
INFINITE GRAPHICS <INFG> SEES HIGHER 4TH QTR
| Infinite Graphics Inc expects earnings
for the fourth quarter ending April 30 to exceed the 127,587
dlrs, or seven cts a share posted a year ago, Chairman Clifford
F. Stritch Jr. told a meeting of financial analysts.
Stritch also said the company's annual revenues should
exceed 6.0 mln dlrs, up from 4.1... | Corporate News |
SUBURBAN BANCORP <SUBBA> UNIT WINS JUDGMENT
| Suburban Bancorp said a Cook
County Circuit Court ruled in favor of one of its companies,
Suburban Bancorp of Bartlett (formerly Bartlett State Bank) on
claims against six former directors.
Suburban Bank of Barlett claimed that the former directors
breached their fiduciary duties and were negligent in o... | Corporate News |
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.