Jukaboo/Reuters · Datasets at Hugging Face

titles stringlengths 12 138	article stringlengths 15 8.85k	category stringclasses 6 values
CONSOLIDATED STORES CORP <CNS> 4TH QTR JAN 31 NET	Shr 17 cts vs 13 cts Net 7,602,000 vs 4,879,000 Sales 141.5 mln vs 71.3 mln Avg shrs 45.0 mln vs 42.2 mln Year Shr 45 cts vs 32 cts Net 19.5 mln vs 12.0 mln Sales 397.2 mln vs 181.1 mln Avg shrs 43.4 mln vs 38.2 mln NOTE: Prior year net includes 2,600,000 dlr tax ...	Corporate News
WAINCO OIL <WOL> COMPLETES WILDCAT WELL	Wainco Oil Corp said it has completed a wildcat well on its GrandMarais prspect in Jefferson Davis Parish, La., which is currently producing at a rate of 1.1 mln cubic feet of gas and 40 barrels of condensate daily. The company said it has a 20 pct working interest in the well which is flowing from Lowe...	Commodities and Trade
U.S. WARNS OF DEPENDENCE ON FOREIGN OIL	A White House-ordered report said that growing U.S. reliance on foreign oil into the year 2000 could have potentially damaging implications for national security. The Energy Department study discusses several options to curb reliance on foreign oil, but makes no recommendations. President Reagan ...	Financial Reports
HOSPITAL STAFFING SERVICES INC <HSSI> 1ST QTR	Feb 28 Oper shr six cts vs two cts Oper net 189,683 vs 47,499 Revs 2,874,930 vs 2,594,574 NOTE: Prior year net excludes 33,000 dlr tax credit.	Corporate News
VIATECH INC <VTK> YEAR NET	Shr 1.53 dlrs vs 18 cts Net 841,893 vs 95,477 Revs 50.3 mln vs 35.1 mln	Corporate News
INTERACTIVE TECHNOLOGIES INC <ITXI> 1ST QTR NET	Shr nine cts vs eight cts Net 373,000 vs 269,000 Sales 3,501,000 vs 2,507,000 Avg shrs 4,036,000 vs 3,326,000 NOTE: Periods end January 31, 1987 and 1986, respectively.	Financial Reports
U.S. FHL BANKS SETS 6.70 PCT, 7.10 PCT, 7.65 PCT RATES ON 2.55 BILLION DLR OFFER	U.S. FHL BANKS SETS 6.70 PCT, 7.10 PCT, 7.65 PCT RATES ON 2.55 BILLION DLR OFFER	Corporate News
OPEC WANTS 18 DLR OIL PRICE - OAPEC OFFICIAL	OPEC believes world oil prices should be set around a fixed average price of 18 dlrs a barrel, OAPEC Assistant General Secretary Abdelaziz Al-Wattari said today. In a speech to a European Community (EC)/OAPEC/OPEC seminar in Luxembourg released here, Al-Wattari said: "OPEC believes ...The world energy t...	Financial Reports
U.S. FHL BANKS SETS RATES ON DEBT OFFERING	The Office of Finance, Federal Home Loan Banks, said it set rates on today's debt offering of 6.70 pct on its 1.11 billion dlr issue, 7.10 pct on a 1.065 billion dlr issue and 7.65 pct on a 375 mln dlr issue. It said the issues, which are for settlement March 25, mature March 26, 1990, March 25, 1992 a...	Corporate News
SANTA ANITA COS <SAR> 4TH QTR NET	Oper shr 45 cts vs 63 cts Oper net 3,805,000 vs 5,155,000 Revs 12.0 mln vs 10.6 mln Year Oper shr 1.58 dlrs vs 2.07 dlrs Oper net 12,991,000 vs 15,692,000 Revs 69.8 mln vs 71.7 mln Avg shrs 8,265,541 vs 7,598,522 Note: Current qtr and year figures exclude losses from ...	Commodities and Trade
MIDWAY AIRLINES <MDWY> SETS HOLDER RIGHTS PLAN	Midway Airlines Inc, which has frequently been mentioned as an acquisition target, said it declared a shareholder rights plan. Holders will get a dividend of one preferred share purchase right on each outstanding share of common stock. Each right, when exercisable, will entitle the holder to purch...	Financial Reports
EQUION CORP <EQUI> 2ND QTR JAN 31 NET	Oper shr 19 cts vs 18 cts Oper net 951,902 vs 987,860 Revs 19.0 mln vs 17.1 mln Six mths Oper shr 26 cts vs 35 cts Oper net 1,332,273 vs 2,502,868 Revs 33.6 mln vs 29.2 mln Note: Oper net excludes tax credits of 897,925 dlrs vs 841,511,dlrs for qtr and 1,306,860 dlrs vs 2,1...	Financial Reports
VENEZUELA-ECUADOR OIL LOAN UNDER DISCUSSION	Venezuela has still to work out final details of its plan to supply Ecuador with 50,000 barrels per day of crude oil to compensate that country for lost exports caused by earthquake damage, a senior Petroleos de Venezuela (PDVSA) official said. "We have yet to finalize details on how the compensation ...	Financial Reports
<TEMCO SERVICE INDUSTRIES INC> 1ST QTR DEC 31	Shr 31 cts vs 21 cts Net 182,839 vs 132,804 Revs 25.0 mln vs 19.4 mln	Financial Reports
<GREAT PACIFIC INDUSTRIES INC> YEAR NET	Shr 1.93 dlrs vs 2.21 dlrs Net 8,371,000 vs 9,576,000 Revs 18.3 mln vs 15.7 mln	Financial Reports
SIMMONS AIRLINES INC <SIMM> 2ND QTR LOSS	Period end Jan 31 Shr loss 17 cts vs loss 26 cts Net loss 765,808 vs loss 1,216,501 Revs 15.8 mln vs 18.7 mln Six mths Shr nil vs profit 54 cts Net loss 12.5 mln vs profit 2,538,030 Revs 32.5 mln vs 42.6 mln Avg shrs 4,310,068 vs 4,712,315 NOTE: Prior yr results r...	Financial Reports
<TEMCO SERVICE INDUSTRIES INC> MERGER ENDED	Temco Service Industries Inc said its proposed buyout by chairman Herman J. Hellman and president Harvey Newwman has been terminated by mutual consent, and Temco has no present intention of being acquired by any other party.	Financial Reports
SURALCO ALUMINA EXPORTS DROPPED 75 PCT IN FEB	The Surinam Aluminum Company (SURALCO) registered a 75 pct drop in alumina exports in February after its operations were shut down by worker violence and guerrilla sabotage, the official Surinam News Agency, SNA, reported. SNA said Suralco's alumina exports dropped to 23,869 tonnes in February from 92...	Financial Reports
U.S. HOUSING DATA FAIL TO CLARIFY ECONOMIC PATH	Surprisingly strong U.S. housing statistics for February cannot be taken as an indication that the economy is generating any momentum and are not sufficient cause to start lifting forecasts for first quarter growth, economists said. Building was boosted by two factors last month, unusually mild weathe...	Corporate News
PUBLIC SERVICE ENTERPRISE <PEG> TWO MTHS NET	Periods ended February 28 Shr 89 cts vs 87 cts Net 119.5 mln vs 114.6 mln Revs 872.3 mln vs 917.4 mln Avg shrs 134.9 mln vs 131.7 mln 12 mths Shr 2.87 dlrs vs 3.32 dlrs Net 383.4 mln vs 413.5 mln Revs 4.5 billion vs 4.4 billion Avg shrs 133.7 mln vs 124.7 mln ...	Financial Reports
PENTRON CORP <PEN> UNIT TO BUY ICE CREATIONS	Pentron Corp said its Rotational Molding Inc unit has purchased privately held Ice Creations Unlimited for an undisclosed amount of cash and other considerations. The company said Ice Creations had sales of 1.2 mln dlrs in the year ended May 31, 1986. Ice creations is a molder of plastics.	Commodities and Trade
U.K. OIL REVENUE FORECAST TO FALL IN 1987/88	The U.K. Government forecasts that oil revenues will fall to four billion stg in the fiscal year 1987/88, from 4.75 billion in 1986/87 and 11.5 billion in 1985/86. The forecast came in the Treasury's Financial Statement and Budget Report issued after the Chancellor of the Exchequer Nigel Lawson's annu...	Financial Reports
REYNOLD METALS <RLM> UP ON FURMAN SELZ REPORT	Shares of Reynolds Metals Co rose sharply after Wall Street firm Furman Selz Mager Dietz and Birney issued a report focusing on the strong earnings potential from the company's Australian gold holding, traders familiar with the report said. Traders said the report notes that earnings from Australian g...	Corporate News
17-MAR-1987	17-MAR-1987	Corporate News
WESTERN FEDERAL SAVINGS BANK <WFPR> UPS PAYOUT	Qtly div 15 cts vs 12-1/2 cts prior Pay April 15 Record March 31	Financial Reports
OPEC WANTS 18 DLR OIL PRICE - OAPEC OFFICIAL	OPEC believes world oil prices should be set around a fixed average price of 18 dlrs a barrel, OAPEC Assistant General Secretary Abdelaziz Al-Wattari said. In a speech to a European Community/OAPEC/OPEC seminar in Luxembourg released here, Al-Wattari said, "OPEC believes ...the world energy trade should...	Corporate News
U.S. HOUSE APPROVES PILOT 0/92 DISASTER PROGRAM	The House of Representatives approved a bill to enable 1987 winter wheat and feedgrains farmers hit by midwestern flooding last year to receive at least 92 pct of their federal income support payments even if they did not plant. The one-time pilot 0/92 program, designed to assist farmers in Kansas, Ok...	Financial Reports
DIODES INC <DIO> 3RD QTR JAN 31 NET	Shr profit one cts vs profit four cts Net profit 27,490 vs 89,687 Sales 2,899,189 vs 2,785,931 Nine mths Shr loss four cts vs profit nine cts Net loss 78,038 vs profit 184,062 Sales 8,785,918 vs 8,273,913	Corporate News
ALLEGHENY BEVERAGE SAYS GROUP INTERESTED IN ACQUIRING ITS SERVICE AMERICA CORP UNIT	ALLEGHENY BEVERAGE SAYS GROUP INTERESTED IN ACQUIRING ITS SERVICE AMERICA CORP UNIT	Other
MONY REAL ESTATE INVESTORS <MYM> 3RD QTR FEB 28	Oper shr nine cts vs 128 cts Qtly div 18 cts vs 22 cts prior Oper net 951,000 vs 1,817,000 Total income 5,010,000 vs 5,575,000 Nine mths Oper shr 39 cts vs 59 cts Oper net 4,014,000 vs 5,936,000 Total income 15.2 mln vs 16.7 mln NOTE: Current year net both periods inclu...	Commodities and Trade
HILTON <HLT> SEES IMPROVED FIRST QUARTER PROFITS	Hilton Hotels Corp expects earnings per share for first quarter fiscal 1987 to March 31 to be about 90 cts compared with 70 cts a year earlier, Hilton Hotels division president Carl Mottek said. He told a news conference the company expected costs for its first 10 all-suite hotels, announced today, to b...	Other
H.J. HEINZ <HNZ> POISED FOR RECORD YEAR	H.J. Heinz Co is "within sight of our 22nd consecutive year of new records in financial growth" for the fiscal year ending April 30, Chairman and Chief Executive Officer Anthony O'Reilly told investment analysts. O'Reilly, who declined to make a specific projection, said the food company is "stronger th...	Corporate News
ALLEGHENY BEVERAGE <ABEV> EXPLORES UNIT SALE	Allegheny Beverage Corp said it has been approached by a group interested in acquiring its foodservice unit, Service America Corp. The group includes senior management of Service America but no officers of Allegheny Beverage, the company said. The company has agreed to permit the group and its pot...	Corporate News
INSPIRATION <IRC> IN CANADIAN GOLD FIND	Inspiration Resources Corp said a gold project in northern Manitoba in which it has a 44.8 pct interest has yielded estimated total reserves of 1,580,000 short tons grading an average 0.185 ounce of gold per ton. The company said <Manitoba Mineral Resources Ltd> owns the remaining interest in the pro...	Corporate News
MARCOR <MAAR> EXPECTS FISCAL YEAR PROFIT	MarCor Development Co Inc said it expects to post a profit for its fiscal year ended February 28 of about two mln dlrs, compared to a year earlier loss of 3.2 mln dlrs. During the prior year the company operated as F and M Importing, a publicly-held wholesale food distributor. During March last ye...	Financial Reports
HONDURAS AUTHORIZED TO BUY PL 480 COMMODITIES	Honduras has been authorized to buy about 75,000 tonnes of U.S. wheat, about 15,000 tonnes of U.S. corn, and about 6,000 tonnes of U.S. tallow under an existing PL 480 agreement, the U.S. Agriculture Department said. The department said it may buy the wheat, valued at 8.5 mln dlrs, the corn, valued at 1...	Corporate News
VALLEY RESOURCES (VR) SETS STOCK SPLIT, UPS PAYOUT	Valley Resources Inc said its board declared a three-for-two stock split and raised the quarterly cash dividend on the pre-split shares to 42 cts from 38 cts. The company said both the split and the dividend are payable April 15 to holders of record March 31.	Commodities and Trade
CROSS BOOSTS FROST AND SULLIVAN <FRSL> HOLDINGS	A shareholder group led by New York investor Theodore Cross said in a Securities and Exchange Commission filing that it boosted its stake in Frost and Sullivan Inc common stock to 208,800 shares or 13.7 pct of the total outstanding. The group said Cross bought 17,000 shares in the open market between ...	Commodities and Trade
PERU TO SELL 40 STATE FIRMS TO CUT BUDGET DEFICIT	peru will sell about 40 state-owned firms to trim a projected 740 mln dlrs loss this year among government-owned companies. Some companies would be sold in their entirety and others would be privatised only partially, according to jose palomino, president of the government's state company holding firm, ...	Financial Reports
INTERDYNE CO <IDYN> 1ST QTR FEB 1 LOSS	Shr loss 28 cts vs loss 80 cts Net loss 2,150,000 vs loss 3,722,000 Sales 1,478,000 vs loss 2,097,000	Market and Economy
KILLEARN PROPERTIES INC <KPI> 3RD QTR NET	Qtr ends Jan 31 Shr 23 cts vs eight cts Net 309,963 vs 110,356 Revs 2,503,451 vs 1,351,076 Nine mths Shr 62 cts vs 25 cts Net 851,776 vs 331,666 Revs 6,739,351 vs 4,107,713	Financial Reports
<GATEWAY MEDICAL SYSTEMS INC> 3RD QTR LOSS	Period end Jan 31 Shr loss one cts vs profit eight cts Net loss 52,198 vs profit 602,766 Revs 18.6 mln vs 7,833,424 Nine mths Shr profit 10 cts vs profit six cts Net profit 809,243 vs profit 393,372 Revs 36.3 mln vs 18.7 mln	Financial Reports
SPARTECH CORP <SPTN> 1ST QTR JAN 31 NET	Shr two cts vs three cts Net 369,000 vs 347,000 Revs 21.3 mln vs 14 mln NOTE: Per shr reflects payment of preferred dividends.	Financial Reports
ACADEMY INSURANCE GROUP INC <ACIG> 4TH QTR NET	Shr profit two cts vs loss 1.05 dlrs Net profit 1,666,000 vs loss 18,306,000 Revs 29.1 mln vs 28.3 mln Avg shrs 69.1 mln vs 17.5 mln Year Shr loss 21 cts vs loss 2.72 dlrs Net loss 7,571,000 vs loss 45,517,000 Revs 117.4 mln vs 123.3 mln Avg shrs 35.4 mln vs 16.7 mln ...	Industrial and Sector News
ESSEX CHEMICAL CORP <ESX> REGULAR DIVIDEND	Qtly div 15 cts vs 15 cts in prior qtr Payable May 11 Record April 10	Market and Economy
U.S. EXPORTERS REPORT 350,000 TONNES CORN SOLD TO UNKNOWN DESTINATIONS FOR 1986/87	U.S. EXPORTERS REPORT 350,000 TONNES CORN SOLD TO UNKNOWN DESTINATIONS FOR 1986/87	Financial Reports
USDA REPORTS 350,000 TONNES CORN TO UNKNOWN	The U.S. Agriculture Department said private U.S. exporters reported sales of 350,000 tonnes of corn for delivery to unknown destinations during the 1986/87 marketing season. The marketing year for corn began September 1. This is the second day running that exporters have reported corn sales to un...	Corporate News
HRE PROPERTIES <HRE> 1ST QTR ENDS JAN 31 NET	Shr 38 cts vs 47 cts Net 2,253,664 vs 2,806,820 Revs 5,173,318 vs 5,873,904 NOTE: 1987 qtr includes 126,117 dlrs, or two cts per share, from gains on sale of property, vs gain 29,812, or less than one cent per share, for prior qtr.	Other
JAYARK CORP <JAYA> 3RD QTR ENDS JAN 31 LOSS	Shr nil vs nil Net loss 77,879, vs loss 65,501 Revs 3,895,741 vs 4,872,163 Nine mths Shr profit nine cts vs profit two cts Net profit 488,898 vs profit 118,208 Revs 13.0 mln vs 15.8 mln	Other
<BIO-VASCULAR INC> 1ST QTR JAN 31 LOSS	Shr loss three cts vs profit two cts Net loss 54,791 vs profit 28,866 Sales 137,9810 vs 338,886 Avg shrs 1,602,717 vs 1,331,739	Financial Reports
GREAT AMERICAN MANAGEMENT <GAMI> 2ND QTR LOSS	Period ended Jan 31 Shr loss 89 cts vs loss 82 cts Net loss 5,187,000 vs loss 5,362,000 Revs 128.4 mln vs 50.3 mln Six mths Shr loss 1.27 dlrs vs loss 1.04 dlrs Net loss 7,015,000 vs loss 6,790,000 Revs 264.7 mln vs 97.3 mln NOTE: Full name is Great American Management ...	Financial Reports
NORSTAR <NOR> TO BUY CALLICOON BANK	Norstar Bancorp said it reached an agreement in principle to buy United National Bank of Callicoon through a stock exchange valued at 20 mln dlrs. Under terms of the agreement, Norstar would buy all 201,660 shares of United's common stock at a rate of three Norstar shares for each United share. Wi...	Corporate News
ACADEMY INSURANCE GROUP INC <ACIG> 4TH QTR NET	Oper shr profit one ct vs loss 1.14 dlrs Oper net profit 435,000 vs loss 19.9 mln Year Oper shr loss 28 cts vs loss 2.78 dlrs Oper net loss 10 mln vs loss 46.5 mln NOTE: Excludes investment gains of one ct per share vs 12 cts in the quarter, and gains 10 cts per share vs 13 cts in the ...	Financial Reports
MANUFACTURERS HANOVER CORP <MHC> SETS DIVIDEND	Qtly div 82 cts vs 82 cts prior Pay April 25 Record April one	Financial Reports
UK TRADE WARY OF HIGHER EC GRAIN LEVY	The European Community may decide to increase the cereals co-responsibility levy and extend its scope to cover cereal substitutes if the Commission's 1987/88 farm price package is opposed by member states, Edgar Pye, vice-president of the British agricultural merchants' association UKASTA, said. At th...	Financial Reports
WILLIAMS INDUSTRIES INC <WMSI> 2ND QTR NET	Qtr ended Jan 31 Shr 10 cts vs three cts Net 194,842 vs 54,200 Revs 22.2 mln vs 11.2 mln Six mths Shr 50 cts vs 28 cts Net 965,924 vs 502,008 Revs 43.8 mln vs 21.6 mln Note: Current six mths revs include 16.8 mln dlrs in revs from John F. Beasley Construction Co, a wh...	Other
<HANOVER COS INC> 3RD QTR JAN 31 LOSS	Oper shr loss 26 cts vs profit 22 cts Oper net loss 672,879 vs profit 596,760 Revs 2,188,678 vs 2,364,280 Nine mths Oper shr loss 1.60 dlrs vs profit 92 cts Oper net loss 4,278,055 vs profit 2,472,532 Revs 5,896,322 vs 7,497,782 Note: Oper net excludes tax gains of 596,000 dl...	Financial Reports
U.S. CERTIFICATES TO PROVIDE WHEAT/CORN SUPPLIES	From April through December 1986, the Commodity Credit Corporation (CCC) issued 3.85 billion dlrs worth of generic certificates and about 1.8 billion had not been exchanged by January 1, 1987, the U.S. Agriculture Department said. The department said an additional 4.3 billion dlrs in certificates has ...	Corporate News
SENATOR SAYS ENERGY REPORT ASSUMPTIONS FLAWED	Sen. Pete Domenici, a main sponsor of legislation to set an oil import fee, said the administration's energy security report was based on flawed economic assumptions. The New Mexico Republican said the report did not take into account the last few weeks' drop in domestic oil production in its statemen...	Financial Reports
FARM PROGRAM CHANGES OUTLINED BY USDA OFFICIAL	Upcoming changes being considered in the U.S. Agriculture Department's transportation and loan programs were outlined by a USDA official today. Addressing the annual meeting of the National Grain and Feed Association, Tom VonGarlem, assistant deputy administrator for USDA's state and county operations, ...	Corporate News
USDA OFFICIAL SEES 7-8 BILLION DLRS CERTIFICATES	There will be seven to eight billion dlrs of generic certificates on the market by the end of harvest, an Agriculture Department official said. The Commodity Credit Corp will "depend heavily" on certificates to relieve storage problems this year, Ralph Klopfenstein, Deputy Administrator for Commodity Op...	Other
MAJOR U.S. FARM GROUPS OPPOSE POLICY CHANGES	Seven major U.S. farm groups took the unusual step of releasing a joint statement urging congressional leaders not to tinker with existing farm law. Following meetings with House Agriculture Committee Chairman Kika de la Garza (D-Tex.) and Senate Agriculture Committee Chairman Patrick Leahy (D-Vt.), the...	Financial Reports
HOWELL CORP <HWL> 4TH QTR LOSS	Shr profit six cts vs profit 17 cts Net profit 269,000 vs profit 833,000 Revs 28.0 mln vs 30.8 mln Nine mths Shr loss 4.16 dlrs vs profit 74 cts Net loss 20.0 mln vs profit 3,543,000 Revs 93.1 mln vs 117.7 mln Note: Current qtr net includes writedown of 20.4 mln dlrs of net...	Industrial and Sector News
SIGMAFORM CORP <SGMA> 3RD QTR JAN 31 NET	Shr one ct vs five cts Net 42,469 vs 226,791 Sales 7,963,620 vs 6,886,414 Nine mths Shr 12 cts vs 22 cts Net 490,927 vs 949,650 Sales 24.0 mln vs 18.7 mln	Commodities and Trade
MARCUS CORP <MRCS> 3RD QTR FEB FIVE NET	Shr 14 cts vs 15 cts Net 733,000 vs 788,000 Revs 31.9 mln vs 28.9 mln Nine Mths Shr 1.08 dlrs vs 1.20 dlrs Net 5,560,000 vs 6,162,000 Revs 104.5 mln vs 97.2 mln NOTE: 1987 net includes tax credits of 25,000 dlrs in the third quarter and 100,000 dlrs in the nine months compa...	Financial Reports
FIRSTCORP INC <FCR> RAISES QTLY DIVIDENDS	Qtly div class A nine cts vs 7.5 cts prior Qtly div class B nine cts vs 7.5 cts prior Pay April 30 Record March 31	Financial Reports
HEALTHVEST <HVT> BUYS TENNESSEE MEDICAL COMPLEX	Healthvest said it acquired the Eastwood Hospital medical complex in Memphis from Healthcare International Inc for 50 mln dlrs cash. Healthcare International will continue to operate the hospital under a lease agreement, the company said.	Industrial and Sector News
VENTRA BUYS JOINT VENTURE LEASING	Ventra Management Inc, an over the counter company, said it acquired Joint Venture Leasing Inc for 60 mln Venture shares, valued at 3.6 mln dlrs. Joint Venture was organized in September 1986 to establish leasing joint ventures with manufacturers and vendors of computer equipment. As a result of t...	Corporate News
OXFORD FINANCIAL BUYS CLANCY SYSTEMS	<Oxford Financial Inc> said it acquired <Clancy Systems International Inc> for an undisclosed sum. The company said Clancy has developed a fully automated parking citation system, currently in use in Oklahoma City, the University of California at Sacramento, and in a pilot program in San Francisco...	Financial Reports
REALTY SOUTH INVESTORS INC <RSI> YEAR NET	Shr 1.03 dlrs vs 82 cts Net 1,982,296 vs 1,359,273 Revs 2,403,481 vs 1,494,304 Investments 22.4 mln vs 11.5 mln NOTE: Shr figures adjusted for 3-for-2 split Feb 23, 1987. 1985 results reflect operations for eight months ended Dec 31, 1985. Company began operating May 1985.	Commodities and Trade
TURNER EQUITY INVESTORS INC <TEQ> PAYOUT	Qtly cash distribution 20 cts vs 20 cts prior Pay April eight Record March 27	Corporate News
GRACE <GRA> COMPLETES RETAIL UNIT SALE	W.R. Grace and Co said it completed the sale of its Bermans The Leather Experts retail business to a new company in a management led buyout. Grace received 99.3 mln dlrs cash and will record a pretax gain of about 37 mln dlrs in the first quarter, the company said. An additional pretax gain of 19 mln dl...	Financial Reports
WAUSAU PAPER MILLS CO <WSAU> 2ND QTR NET	Period ended Feb 28 Shr 61 cts vs 56 cts Net 2,764,000 vs 2,540,000 Sales 60.4 mln vs 55.8 mln Six mths Shr 1.27 dlrs vs 1.15 dlrs Net 5,741,000 vs 5,269,000 Sales 122.8 mln vs 109.9 mln NOTE: Per-share data restated for 10 pct stock dividends paid to holders of recor...	Corporate News
TAUNTON SAVINGS BANK <TSBK> SETS FIRST DIVIDEND	Taunton Savings Bank said its board declared an initial cash dividend of six cts per share. Taunton, which went public last June, said the rate was based on 3,220,000 outstanding shares. It said the dividend was payable April 15 to shareholders of record March 31. The company said it did not k...	Financial Reports
FIBRONICS INTERNATIONAL INC <FBRX> 4TH QTR LOSS	Shr loss 14 cts vs loss one ct Net loss 836,327 vs loss 34,926 Revs 8,939,390 vs 8,136,160 Year Shr loss 34 cts vs loss nil Net loss 2,008,103 vs loss 14,078 Revs 30.1 mln vs 28.0 mln Note: Year-ago results restated to reflect acquisition of Spartacus Inc in Febaruary 1986....	Financial Reports
TELEPHONE AND DATA SYSTEMS INC <TDS> YEAR NET	Oper shr 94 cts vs 93 cts Oper net 8,889,000 vs 8,570,000 Revs 155.0 mln vs 123.4 mln Avg shrs 9,450,000 vs 9,174,000 NOTE: Net excludes discontinued operations a gain of 4,679,000 dlrs, or 50 cts a share vs a loss of 720,000 dlrs, or seven cts a share. 1986 net includes charge of 865,000 ...	Financial Reports
API SAYS DISTILLATE STOCKS OFF 7.35 MLN BBLS, GASOLINE OFF 2.89 MLN, CRUDE OFF 4.39 MLN	API SAYS DISTILLATE STOCKS OFF 7.35 MLN BBLS, GASOLINE OFF 2.89 MLN, CRUDE OFF 4.39 MLN	Financial Reports
CPC INTERNATIONAL INC <CPC> QTLY DIV	Shr 31 cts vs 31 cts prior Payable April 24 Record March 31	Financial Reports
CONGRESSMAN URGES WHEAT EEP TO SOVIET UNION	Kansas Republican Congressman Pat Roberts urged the Reagan administration to offer export enhancement program, eep, subsidies to the Soviet Union. Speaking at a House foreign agriculture subcommittee, Roberts said the U.S. has offered eep to China and Poland, and should also include the Soviet Union. ...	Commodities and Trade
PUBLIC SERVICE ENTERPRISE <PEG> TWO MONTHS NET	Period ends February 28 Shr 89 cts vs 87 cts Net 119.5 mln vs 114.6 mln Revs 872.3 mln vs 917.4 mln Year Shr 2.87 dlrs vs 3.32 dlrs Net 383.4 mln vs 413.6 mln Revs 4.45 billion vs 4.45 billion NOTE: Full name Public Service Enterprise Group Inc.	Corporate News
DAMON CREATIONS INC <DNI> 4TH QTR JAN THREE NET	Shr profit 49 cts vs loss 41 cts Net profit 543,000 vs loss 457,000 Revs 10.4 mln vs 14.2 mln Year Shr loss 71 cts vs loss 2.11 dlrs Net loss 781,000 vs loss 2,325,000 Revs 38.9 mln vs 44.9 mln	Financial Reports
GATES LEARJET CORP <GLJ> 4TH QTR LOSS	Shr loss 12 cts vs loss 99 cts Net loss 1,476,000 vs loss 11,965,000 Sales 83.4 mln vs 110.9 mln Year Shr loss 1.79 dlrs vs loss 1.90 dlrs Net loss 21,720,000 vs loss 22,969,000 Sales 259.0 mln vs 317.3 mln	Corporate News
API SAYS DISTILLATE, GAS STOCKS OFF IN WEEK	Distillate fuel stocks held in primary storage fell by 7.35 mln barrels in the week ended March 13 to 112.74 mln barrels from a revised 120.09 mln the previous week, the American Petroleum Institute (API) said. In its weekly statistical bulletin, the oil industry trade group said gasoline stocks fell 2....	Corporate News
CPC INTERNATIONAL INC <CPC> REGULAR DIVIDEND	Qtly div 31 cts vs 31 cts prior Pay April 24 Record March 31	Financial Reports
<CIMARRON PETROLEUM LTD> NINE MTHS NET	Shr 48 cts vs 64 cts Net 1,959,404 vs 2,621,778 Revs 5,132,626 vs 8,167,401	Financial Reports
ELECTRO AUDIO DYNAMICS INC <EAD> 2ND QTR JAN 31	Shr profit 14 cts vs loss 55 cts Net profit 864,000 vs loss 2.1 mln Revs 24.2 mln vs 1.5 mln Six months Shr profit seven cts vs loss 74 cts Net profit 434,000 vs loss 2.7 mln Revs 42.5 mln vs 2.9 mln NOTE:1986 2nd qtr and six months includes loss of 600,000 dlrs and 285,000...	Financial Reports
TECHNODYNE INC <TND> 2ND QTR NET	Shr profit 14 cts vs loss 17 cts Net profit 686,000 vs loss 831,000 Revs 24.2 mln vs 1.5 mln Six mths Shr profit 22 cts vs loss 17 cts Net profit 1,062,000 vs loss 812,000 Revs 42.5 mln vs 2.9 mln NOTE: Quarter ends January 31. 1986 excludes extraordinary gain of six ct...	Financial Reports
<SCEPTRE INVESTMENT COUNSEL LTD> 1ST QTR NET	Period ended January 31 Shr 22 cts vs 16 cts Net 518,564 vs 374,198 Revs 2,090,724 vs 1,614,079	Corporate News
D/P SELECTED UTILITIES <DNP> HIKES PAYOUTS	Duff and Phelps Selected Utilities Inc said it approved payment of higher monthly dividends. The closed end-investment company approved payment of 4.5 cts on April 10, record March 31; of five cts, payable May 11, record April 30; and of 5.5 cts, payable June 10, record May 29. Duff and Phelps fir...	Commodities and Trade
AMERICAN ELECTROMEDICS CORP <AECO> 2ND QTR LOSS	Qtr ends Jan 31 Shr loss three cts vs loss six cts Net loss 93,000 vs loss 191,000 Revs 338,000 vs 554,000 Six mths Shr loss four cts vs loss seven cts Net loss 108,000 vs loss 219,000 Revs 854,000 vs 1,283,000 NOTE: Company is 80 pct owned by Technodyne Inc <TND>, a...	Corporate News
LENNAR <LEN> COMPLETES ACQUISITION	Lennar Corp said it completed the previously announced acquisition of Development Corp of America <DCA>. Consequently, it said the American Stock Exchange suspended trading of Development Corp's common stock, 10 pct subordinated debentures due 1993 and 12 pct subordinated debentures due 1994. ...	Commodities and Trade
IBP (OXY) PLANT REOPENS WITHOUT INCIDENT	Iowa Beef Processors Inc said "hundreds" of its employees returned to work at its Dakota City, Nebraska beef processing plant without incident. Last week, Iowa Beef said it would lift a lockout in effect at the plant since mid-December, which affected 2,800 members of the United Food and Commercial Work...	Financial Reports
PHP HEALTHCARE CORP <PHPH> 3RD QTR JAN 31 NET	Shr 10 cts vs 10 cts Net 358,941 vs 299,838 Revs 8,645,289 vs 4,532,175 Avg shrs 3,446,752 vs 2,921,173 Nine mths Shr 23 cts vs 12 cts Net 705,799 vs 491,076 Revs 21.5 mln vs 11.0 mln Avg shrs 3,093,491 vs 4,068,000 Note: Net includes tax credits of 164,000 dlrs v...	Financial Reports
BANKERS TRUST NEW YORK CORP <BT> QTLY DIVIDEND	Qtly div 41.5 cts vs 41.5 cts prior Pay April 28 Record March 31	Financial Reports
HALLWOOD GROUP INC <HWG> 2ND QTR JAN 31 LOSS	Shr loss nine cts vs profit 23 cts Net loss 418,000 vs profit 1,037,000 Revs 2,872,000 vs 4,700,000 Six mths Shr profit nine cts vs profit 52 cts Net profit 418,000 vs profit 2,365,000 Revs 6,853,000 vs 9,379,000 NOTE: Includes tax loss carryforward gains of 164,000 dlrs vs...	Market and Economy
LYNG SAID TO HAVE NO COMMENT ON USSR WHEAT EEP	U.S. Agriculture Secretary Richard Lyng told representatives of several of the largest grain exporting firms and two farm organizations that he was not in a position to comment on their request that the Reagan administration offer subsidized wheat to the Soviet Union, according to participants in today's me...	Financial Reports
PAPERBOARD PLANS BID TO ACQUIRE BELKIN	<Paperboard Industries Corp> said it planned to make an unconditional 21 dlr a share cash offer for <Belkin Inc>'s 7.6 mln common and 2.3 mln non-voting shares. Paperboard said Balaclava Enterprises Ltd, owned by Morris Belkin, agreed to tender 98.2 pct of Belkin's common shares. It added that in ...	Corporate News
CATHAY PACIFIC AIRWAYS 1986 NET PROFIT 1.23 BILLION H.K. DLRS VS 777.5 MLN	CATHAY PACIFIC AIRWAYS 1986 NET PROFIT 1.23 BILLION H.K. DLRS VS 777.5 MLN	Corporate News
CATHAY PACIFIC AIRWAYS LTD <CAPH.HK> YEAR 1986	Shr 46.5 H.K. Cents vs 29.3 Final div 14 cents, making 20 cents (no comparison) Net 1.23 billion dlrs vs 777.5 mln Turnover 9.06 billion dlrs vs 7.52 billion Note - Dividend payable May 29, books close May 11 to 22. Note - Company floated in April 1986 and is now 50.23 pct owned by Swi...	Financial Reports
PAPER SAYS U.S. MAY SEEK TO CURB FOREIGN TAKEOVERS	The Reagan administration will consider curbing foreign takeovers of security-sensitive industries such as semiconductors and computers, the New York Times said, quoting an unnamed senior administration official. "I think there's a strong sentiment here that some industries are not totally up for grabs,...	Financial Reports

CONSOLIDATED STORES CORP <CNS> 4TH QTR JAN 31 NET

Shr 17 cts vs 13 cts Net 7,602,000 vs 4,879,000 Sales 141.5 mln vs 71.3 mln Avg shrs 45.0 mln vs 42.2 mln Year Shr 45 cts vs 32 cts Net 19.5 mln vs 12.0 mln Sales 397.2 mln vs 181.1 mln Avg shrs 43.4 mln vs 38.2 mln NOTE: Prior year net includes 2,600,000 dlr tax ...

Corporate News

WAINCO OIL <WOL> COMPLETES WILDCAT WELL

Wainco Oil Corp said it has completed a wildcat well on its GrandMarais prspect in Jefferson Davis Parish, La., which is currently producing at a rate of 1.1 mln cubic feet of gas and 40 barrels of condensate daily. The company said it has a 20 pct working interest in the well which is flowing from Lowe...

Commodities and Trade

U.S. WARNS OF DEPENDENCE ON FOREIGN OIL

A White House-ordered report said that growing U.S. reliance on foreign oil into the year 2000 could have potentially damaging implications for national security. The Energy Department study discusses several options to curb reliance on foreign oil, but makes no recommendations. President Reagan ...

Financial Reports

HOSPITAL STAFFING SERVICES INC <HSSI> 1ST QTR

Feb 28 Oper shr six cts vs two cts Oper net 189,683 vs 47,499 Revs 2,874,930 vs 2,594,574 NOTE: Prior year net excludes 33,000 dlr tax credit.

Corporate News

VIATECH INC <VTK> YEAR NET

Shr 1.53 dlrs vs 18 cts Net 841,893 vs 95,477 Revs 50.3 mln vs 35.1 mln

Corporate News

INTERACTIVE TECHNOLOGIES INC <ITXI> 1ST QTR NET

Shr nine cts vs eight cts Net 373,000 vs 269,000 Sales 3,501,000 vs 2,507,000 Avg shrs 4,036,000 vs 3,326,000 NOTE: Periods end January 31, 1987 and 1986, respectively.

Financial Reports

U.S. FHL BANKS SETS 6.70 PCT, 7.10 PCT, 7.65 PCT RATES ON 2.55 BILLION DLR OFFER

Corporate News

OPEC WANTS 18 DLR OIL PRICE - OAPEC OFFICIAL

OPEC believes world oil prices should be set around a fixed average price of 18 dlrs a barrel, OAPEC Assistant General Secretary Abdelaziz Al-Wattari said today. In a speech to a European Community (EC)/OAPEC/OPEC seminar in Luxembourg released here, Al-Wattari said: "OPEC believes ...The world energy t...

Financial Reports

U.S. FHL BANKS SETS RATES ON DEBT OFFERING

The Office of Finance, Federal Home Loan Banks, said it set rates on today's debt offering of 6.70 pct on its 1.11 billion dlr issue, 7.10 pct on a 1.065 billion dlr issue and 7.65 pct on a 375 mln dlr issue. It said the issues, which are for settlement March 25, mature March 26, 1990, March 25, 1992 a...

Corporate News

SANTA ANITA COS <SAR> 4TH QTR NET

Oper shr 45 cts vs 63 cts Oper net 3,805,000 vs 5,155,000 Revs 12.0 mln vs 10.6 mln Year Oper shr 1.58 dlrs vs 2.07 dlrs Oper net 12,991,000 vs 15,692,000 Revs 69.8 mln vs 71.7 mln Avg shrs 8,265,541 vs 7,598,522 Note: Current qtr and year figures exclude losses from ...

Commodities and Trade

MIDWAY AIRLINES <MDWY> SETS HOLDER RIGHTS PLAN

Midway Airlines Inc, which has frequently been mentioned as an acquisition target, said it declared a shareholder rights plan. Holders will get a dividend of one preferred share purchase right on each outstanding share of common stock. Each right, when exercisable, will entitle the holder to purch...

Financial Reports

EQUION CORP <EQUI> 2ND QTR JAN 31 NET

Oper shr 19 cts vs 18 cts Oper net 951,902 vs 987,860 Revs 19.0 mln vs 17.1 mln Six mths Oper shr 26 cts vs 35 cts Oper net 1,332,273 vs 2,502,868 Revs 33.6 mln vs 29.2 mln Note: Oper net excludes tax credits of 897,925 dlrs vs 841,511,dlrs for qtr and 1,306,860 dlrs vs 2,1...

Financial Reports

VENEZUELA-ECUADOR OIL LOAN UNDER DISCUSSION

Venezuela has still to work out final details of its plan to supply Ecuador with 50,000 barrels per day of crude oil to compensate that country for lost exports caused by earthquake damage, a senior Petroleos de Venezuela (PDVSA) official said. "We have yet to finalize details on how the compensation ...

Financial Reports

<TEMCO SERVICE INDUSTRIES INC> 1ST QTR DEC 31

Shr 31 cts vs 21 cts Net 182,839 vs 132,804 Revs 25.0 mln vs 19.4 mln

Financial Reports

<GREAT PACIFIC INDUSTRIES INC> YEAR NET

Shr 1.93 dlrs vs 2.21 dlrs Net 8,371,000 vs 9,576,000 Revs 18.3 mln vs 15.7 mln

Financial Reports

SIMMONS AIRLINES INC <SIMM> 2ND QTR LOSS

Period end Jan 31 Shr loss 17 cts vs loss 26 cts Net loss 765,808 vs loss 1,216,501 Revs 15.8 mln vs 18.7 mln Six mths Shr nil vs profit 54 cts Net loss 12.5 mln vs profit 2,538,030 Revs 32.5 mln vs 42.6 mln Avg shrs 4,310,068 vs 4,712,315 NOTE: Prior yr results r...

Financial Reports

<TEMCO SERVICE INDUSTRIES INC> MERGER ENDED

Temco Service Industries Inc said its proposed buyout by chairman Herman J. Hellman and president Harvey Newwman has been terminated by mutual consent, and Temco has no present intention of being acquired by any other party.

Financial Reports

SURALCO ALUMINA EXPORTS DROPPED 75 PCT IN FEB

The Surinam Aluminum Company (SURALCO) registered a 75 pct drop in alumina exports in February after its operations were shut down by worker violence and guerrilla sabotage, the official Surinam News Agency, SNA, reported. SNA said Suralco's alumina exports dropped to 23,869 tonnes in February from 92...

Financial Reports

U.S. HOUSING DATA FAIL TO CLARIFY ECONOMIC PATH

Surprisingly strong U.S. housing statistics for February cannot be taken as an indication that the economy is generating any momentum and are not sufficient cause to start lifting forecasts for first quarter growth, economists said. Building was boosted by two factors last month, unusually mild weathe...

Corporate News

PUBLIC SERVICE ENTERPRISE <PEG> TWO MTHS NET

Periods ended February 28 Shr 89 cts vs 87 cts Net 119.5 mln vs 114.6 mln Revs 872.3 mln vs 917.4 mln Avg shrs 134.9 mln vs 131.7 mln 12 mths Shr 2.87 dlrs vs 3.32 dlrs Net 383.4 mln vs 413.5 mln Revs 4.5 billion vs 4.4 billion Avg shrs 133.7 mln vs 124.7 mln ...

Financial Reports

PENTRON CORP <PEN> UNIT TO BUY ICE CREATIONS

Pentron Corp said its Rotational Molding Inc unit has purchased privately held Ice Creations Unlimited for an undisclosed amount of cash and other considerations. The company said Ice Creations had sales of 1.2 mln dlrs in the year ended May 31, 1986. Ice creations is a molder of plastics.

Commodities and Trade

U.K. OIL REVENUE FORECAST TO FALL IN 1987/88

The U.K. Government forecasts that oil revenues will fall to four billion stg in the fiscal year 1987/88, from 4.75 billion in 1986/87 and 11.5 billion in 1985/86. The forecast came in the Treasury's Financial Statement and Budget Report issued after the Chancellor of the Exchequer Nigel Lawson's annu...

Financial Reports

REYNOLD METALS <RLM> UP ON FURMAN SELZ REPORT

Shares of Reynolds Metals Co rose sharply after Wall Street firm Furman Selz Mager Dietz and Birney issued a report focusing on the strong earnings potential from the company's Australian gold holding, traders familiar with the report said. Traders said the report notes that earnings from Australian g...

Corporate News

17-MAR-1987

Corporate News

WESTERN FEDERAL SAVINGS BANK <WFPR> UPS PAYOUT

Qtly div 15 cts vs 12-1/2 cts prior Pay April 15 Record March 31

Financial Reports

OPEC WANTS 18 DLR OIL PRICE - OAPEC OFFICIAL

OPEC believes world oil prices should be set around a fixed average price of 18 dlrs a barrel, OAPEC Assistant General Secretary Abdelaziz Al-Wattari said. In a speech to a European Community/OAPEC/OPEC seminar in Luxembourg released here, Al-Wattari said, "OPEC believes ...the world energy trade should...

Corporate News

U.S. HOUSE APPROVES PILOT 0/92 DISASTER PROGRAM

The House of Representatives approved a bill to enable 1987 winter wheat and feedgrains farmers hit by midwestern flooding last year to receive at least 92 pct of their federal income support payments even if they did not plant. The one-time pilot 0/92 program, designed to assist farmers in Kansas, Ok...

Financial Reports

DIODES INC <DIO> 3RD QTR JAN 31 NET

Shr profit one cts vs profit four cts Net profit 27,490 vs 89,687 Sales 2,899,189 vs 2,785,931 Nine mths Shr loss four cts vs profit nine cts Net loss 78,038 vs profit 184,062 Sales 8,785,918 vs 8,273,913

Corporate News

ALLEGHENY BEVERAGE SAYS GROUP INTERESTED IN ACQUIRING ITS SERVICE AMERICA CORP UNIT

Other

MONY REAL ESTATE INVESTORS <MYM> 3RD QTR FEB 28

Oper shr nine cts vs 128 cts Qtly div 18 cts vs 22 cts prior Oper net 951,000 vs 1,817,000 Total income 5,010,000 vs 5,575,000 Nine mths Oper shr 39 cts vs 59 cts Oper net 4,014,000 vs 5,936,000 Total income 15.2 mln vs 16.7 mln NOTE: Current year net both periods inclu...

Commodities and Trade

HILTON <HLT> SEES IMPROVED FIRST QUARTER PROFITS

Hilton Hotels Corp expects earnings per share for first quarter fiscal 1987 to March 31 to be about 90 cts compared with 70 cts a year earlier, Hilton Hotels division president Carl Mottek said. He told a news conference the company expected costs for its first 10 all-suite hotels, announced today, to b...

Other

H.J. HEINZ <HNZ> POISED FOR RECORD YEAR

H.J. Heinz Co is "within sight of our 22nd consecutive year of new records in financial growth" for the fiscal year ending April 30, Chairman and Chief Executive Officer Anthony O'Reilly told investment analysts. O'Reilly, who declined to make a specific projection, said the food company is "stronger th...

Corporate News

ALLEGHENY BEVERAGE <ABEV> EXPLORES UNIT SALE

Allegheny Beverage Corp said it has been approached by a group interested in acquiring its foodservice unit, Service America Corp. The group includes senior management of Service America but no officers of Allegheny Beverage, the company said. The company has agreed to permit the group and its pot...

Corporate News

INSPIRATION <IRC> IN CANADIAN GOLD FIND

Inspiration Resources Corp said a gold project in northern Manitoba in which it has a 44.8 pct interest has yielded estimated total reserves of 1,580,000 short tons grading an average 0.185 ounce of gold per ton. The company said <Manitoba Mineral Resources Ltd> owns the remaining interest in the pro...

Corporate News

MARCOR <MAAR> EXPECTS FISCAL YEAR PROFIT

MarCor Development Co Inc said it expects to post a profit for its fiscal year ended February 28 of about two mln dlrs, compared to a year earlier loss of 3.2 mln dlrs. During the prior year the company operated as F and M Importing, a publicly-held wholesale food distributor. During March last ye...

Financial Reports

HONDURAS AUTHORIZED TO BUY PL 480 COMMODITIES

Honduras has been authorized to buy about 75,000 tonnes of U.S. wheat, about 15,000 tonnes of U.S. corn, and about 6,000 tonnes of U.S. tallow under an existing PL 480 agreement, the U.S. Agriculture Department said. The department said it may buy the wheat, valued at 8.5 mln dlrs, the corn, valued at 1...

Corporate News

VALLEY RESOURCES (VR) SETS STOCK SPLIT, UPS PAYOUT

Valley Resources Inc said its board declared a three-for-two stock split and raised the quarterly cash dividend on the pre-split shares to 42 cts from 38 cts. The company said both the split and the dividend are payable April 15 to holders of record March 31.

Commodities and Trade

CROSS BOOSTS FROST AND SULLIVAN <FRSL> HOLDINGS

A shareholder group led by New York investor Theodore Cross said in a Securities and Exchange Commission filing that it boosted its stake in Frost and Sullivan Inc common stock to 208,800 shares or 13.7 pct of the total outstanding. The group said Cross bought 17,000 shares in the open market between ...

Commodities and Trade

PERU TO SELL 40 STATE FIRMS TO CUT BUDGET DEFICIT

peru will sell about 40 state-owned firms to trim a projected 740 mln dlrs loss this year among government-owned companies. Some companies would be sold in their entirety and others would be privatised only partially, according to jose palomino, president of the government's state company holding firm, ...

Financial Reports

INTERDYNE CO <IDYN> 1ST QTR FEB 1 LOSS

Shr loss 28 cts vs loss 80 cts Net loss 2,150,000 vs loss 3,722,000 Sales 1,478,000 vs loss 2,097,000

Market and Economy

KILLEARN PROPERTIES INC <KPI> 3RD QTR NET

Qtr ends Jan 31 Shr 23 cts vs eight cts Net 309,963 vs 110,356 Revs 2,503,451 vs 1,351,076 Nine mths Shr 62 cts vs 25 cts Net 851,776 vs 331,666 Revs 6,739,351 vs 4,107,713

Financial Reports

<GATEWAY MEDICAL SYSTEMS INC> 3RD QTR LOSS

Period end Jan 31 Shr loss one cts vs profit eight cts Net loss 52,198 vs profit 602,766 Revs 18.6 mln vs 7,833,424 Nine mths Shr profit 10 cts vs profit six cts Net profit 809,243 vs profit 393,372 Revs 36.3 mln vs 18.7 mln

Financial Reports

SPARTECH CORP <SPTN> 1ST QTR JAN 31 NET

Shr two cts vs three cts Net 369,000 vs 347,000 Revs 21.3 mln vs 14 mln NOTE: Per shr reflects payment of preferred dividends.

Financial Reports

ACADEMY INSURANCE GROUP INC <ACIG> 4TH QTR NET

Shr profit two cts vs loss 1.05 dlrs Net profit 1,666,000 vs loss 18,306,000 Revs 29.1 mln vs 28.3 mln Avg shrs 69.1 mln vs 17.5 mln Year Shr loss 21 cts vs loss 2.72 dlrs Net loss 7,571,000 vs loss 45,517,000 Revs 117.4 mln vs 123.3 mln Avg shrs 35.4 mln vs 16.7 mln ...

Industrial and Sector News

ESSEX CHEMICAL CORP <ESX> REGULAR DIVIDEND

Qtly div 15 cts vs 15 cts in prior qtr Payable May 11 Record April 10

Market and Economy

U.S. EXPORTERS REPORT 350,000 TONNES CORN SOLD TO UNKNOWN DESTINATIONS FOR 1986/87

Financial Reports

USDA REPORTS 350,000 TONNES CORN TO UNKNOWN

The U.S. Agriculture Department said private U.S. exporters reported sales of 350,000 tonnes of corn for delivery to unknown destinations during the 1986/87 marketing season. The marketing year for corn began September 1. This is the second day running that exporters have reported corn sales to un...

Corporate News

HRE PROPERTIES <HRE> 1ST QTR ENDS JAN 31 NET

Shr 38 cts vs 47 cts Net 2,253,664 vs 2,806,820 Revs 5,173,318 vs 5,873,904 NOTE: 1987 qtr includes 126,117 dlrs, or two cts per share, from gains on sale of property, vs gain 29,812, or less than one cent per share, for prior qtr.

Other

JAYARK CORP <JAYA> 3RD QTR ENDS JAN 31 LOSS

Shr nil vs nil Net loss 77,879, vs loss 65,501 Revs 3,895,741 vs 4,872,163 Nine mths Shr profit nine cts vs profit two cts Net profit 488,898 vs profit 118,208 Revs 13.0 mln vs 15.8 mln

Other

<BIO-VASCULAR INC> 1ST QTR JAN 31 LOSS

Shr loss three cts vs profit two cts Net loss 54,791 vs profit 28,866 Sales 137,9810 vs 338,886 Avg shrs 1,602,717 vs 1,331,739

Financial Reports

GREAT AMERICAN MANAGEMENT <GAMI> 2ND QTR LOSS

Period ended Jan 31 Shr loss 89 cts vs loss 82 cts Net loss 5,187,000 vs loss 5,362,000 Revs 128.4 mln vs 50.3 mln Six mths Shr loss 1.27 dlrs vs loss 1.04 dlrs Net loss 7,015,000 vs loss 6,790,000 Revs 264.7 mln vs 97.3 mln NOTE: Full name is Great American Management ...

Financial Reports

NORSTAR <NOR> TO BUY CALLICOON BANK

Norstar Bancorp said it reached an agreement in principle to buy United National Bank of Callicoon through a stock exchange valued at 20 mln dlrs. Under terms of the agreement, Norstar would buy all 201,660 shares of United's common stock at a rate of three Norstar shares for each United share. Wi...

Corporate News

ACADEMY INSURANCE GROUP INC <ACIG> 4TH QTR NET

Oper shr profit one ct vs loss 1.14 dlrs Oper net profit 435,000 vs loss 19.9 mln Year Oper shr loss 28 cts vs loss 2.78 dlrs Oper net loss 10 mln vs loss 46.5 mln NOTE: Excludes investment gains of one ct per share vs 12 cts in the quarter, and gains 10 cts per share vs 13 cts in the ...

Financial Reports

MANUFACTURERS HANOVER CORP <MHC> SETS DIVIDEND

Qtly div 82 cts vs 82 cts prior Pay April 25 Record April one

Financial Reports

UK TRADE WARY OF HIGHER EC GRAIN LEVY

The European Community may decide to increase the cereals co-responsibility levy and extend its scope to cover cereal substitutes if the Commission's 1987/88 farm price package is opposed by member states, Edgar Pye, vice-president of the British agricultural merchants' association UKASTA, said. At th...

Financial Reports

WILLIAMS INDUSTRIES INC <WMSI> 2ND QTR NET

Qtr ended Jan 31 Shr 10 cts vs three cts Net 194,842 vs 54,200 Revs 22.2 mln vs 11.2 mln Six mths Shr 50 cts vs 28 cts Net 965,924 vs 502,008 Revs 43.8 mln vs 21.6 mln Note: Current six mths revs include 16.8 mln dlrs in revs from John F. Beasley Construction Co, a wh...

Other

<HANOVER COS INC> 3RD QTR JAN 31 LOSS

Oper shr loss 26 cts vs profit 22 cts Oper net loss 672,879 vs profit 596,760 Revs 2,188,678 vs 2,364,280 Nine mths Oper shr loss 1.60 dlrs vs profit 92 cts Oper net loss 4,278,055 vs profit 2,472,532 Revs 5,896,322 vs 7,497,782 Note: Oper net excludes tax gains of 596,000 dl...

Financial Reports

U.S. CERTIFICATES TO PROVIDE WHEAT/CORN SUPPLIES

From April through December 1986, the Commodity Credit Corporation (CCC) issued 3.85 billion dlrs worth of generic certificates and about 1.8 billion had not been exchanged by January 1, 1987, the U.S. Agriculture Department said. The department said an additional 4.3 billion dlrs in certificates has ...

Corporate News

SENATOR SAYS ENERGY REPORT ASSUMPTIONS FLAWED

Sen. Pete Domenici, a main sponsor of legislation to set an oil import fee, said the administration's energy security report was based on flawed economic assumptions. The New Mexico Republican said the report did not take into account the last few weeks' drop in domestic oil production in its statemen...

Financial Reports

FARM PROGRAM CHANGES OUTLINED BY USDA OFFICIAL

Upcoming changes being considered in the U.S. Agriculture Department's transportation and loan programs were outlined by a USDA official today. Addressing the annual meeting of the National Grain and Feed Association, Tom VonGarlem, assistant deputy administrator for USDA's state and county operations, ...

Corporate News

USDA OFFICIAL SEES 7-8 BILLION DLRS CERTIFICATES

There will be seven to eight billion dlrs of generic certificates on the market by the end of harvest, an Agriculture Department official said. The Commodity Credit Corp will "depend heavily" on certificates to relieve storage problems this year, Ralph Klopfenstein, Deputy Administrator for Commodity Op...

Other

MAJOR U.S. FARM GROUPS OPPOSE POLICY CHANGES

Seven major U.S. farm groups took the unusual step of releasing a joint statement urging congressional leaders not to tinker with existing farm law. Following meetings with House Agriculture Committee Chairman Kika de la Garza (D-Tex.) and Senate Agriculture Committee Chairman Patrick Leahy (D-Vt.), the...

Financial Reports

HOWELL CORP <HWL> 4TH QTR LOSS

Shr profit six cts vs profit 17 cts Net profit 269,000 vs profit 833,000 Revs 28.0 mln vs 30.8 mln Nine mths Shr loss 4.16 dlrs vs profit 74 cts Net loss 20.0 mln vs profit 3,543,000 Revs 93.1 mln vs 117.7 mln Note: Current qtr net includes writedown of 20.4 mln dlrs of net...

Industrial and Sector News

SIGMAFORM CORP <SGMA> 3RD QTR JAN 31 NET

Shr one ct vs five cts Net 42,469 vs 226,791 Sales 7,963,620 vs 6,886,414 Nine mths Shr 12 cts vs 22 cts Net 490,927 vs 949,650 Sales 24.0 mln vs 18.7 mln

Commodities and Trade

MARCUS CORP <MRCS> 3RD QTR FEB FIVE NET

Shr 14 cts vs 15 cts Net 733,000 vs 788,000 Revs 31.9 mln vs 28.9 mln Nine Mths Shr 1.08 dlrs vs 1.20 dlrs Net 5,560,000 vs 6,162,000 Revs 104.5 mln vs 97.2 mln NOTE: 1987 net includes tax credits of 25,000 dlrs in the third quarter and 100,000 dlrs in the nine months compa...

Financial Reports

FIRSTCORP INC <FCR> RAISES QTLY DIVIDENDS

Qtly div class A nine cts vs 7.5 cts prior Qtly div class B nine cts vs 7.5 cts prior Pay April 30 Record March 31

Financial Reports

HEALTHVEST <HVT> BUYS TENNESSEE MEDICAL COMPLEX

Healthvest said it acquired the Eastwood Hospital medical complex in Memphis from Healthcare International Inc for 50 mln dlrs cash. Healthcare International will continue to operate the hospital under a lease agreement, the company said.

Industrial and Sector News

VENTRA BUYS JOINT VENTURE LEASING

Ventra Management Inc, an over the counter company, said it acquired Joint Venture Leasing Inc for 60 mln Venture shares, valued at 3.6 mln dlrs. Joint Venture was organized in September 1986 to establish leasing joint ventures with manufacturers and vendors of computer equipment. As a result of t...

Corporate News

OXFORD FINANCIAL BUYS CLANCY SYSTEMS

<Oxford Financial Inc> said it acquired <Clancy Systems International Inc> for an undisclosed sum. The company said Clancy has developed a fully automated parking citation system, currently in use in Oklahoma City, the University of California at Sacramento, and in a pilot program in San Francisco...

Financial Reports

REALTY SOUTH INVESTORS INC <RSI> YEAR NET

Shr 1.03 dlrs vs 82 cts Net 1,982,296 vs 1,359,273 Revs 2,403,481 vs 1,494,304 Investments 22.4 mln vs 11.5 mln NOTE: Shr figures adjusted for 3-for-2 split Feb 23, 1987. 1985 results reflect operations for eight months ended Dec 31, 1985. Company began operating May 1985.

Commodities and Trade

TURNER EQUITY INVESTORS INC <TEQ> PAYOUT

Qtly cash distribution 20 cts vs 20 cts prior Pay April eight Record March 27

Corporate News

GRACE <GRA> COMPLETES RETAIL UNIT SALE

W.R. Grace and Co said it completed the sale of its Bermans The Leather Experts retail business to a new company in a management led buyout. Grace received 99.3 mln dlrs cash and will record a pretax gain of about 37 mln dlrs in the first quarter, the company said. An additional pretax gain of 19 mln dl...

Financial Reports

WAUSAU PAPER MILLS CO <WSAU> 2ND QTR NET

Period ended Feb 28 Shr 61 cts vs 56 cts Net 2,764,000 vs 2,540,000 Sales 60.4 mln vs 55.8 mln Six mths Shr 1.27 dlrs vs 1.15 dlrs Net 5,741,000 vs 5,269,000 Sales 122.8 mln vs 109.9 mln NOTE: Per-share data restated for 10 pct stock dividends paid to holders of recor...

Corporate News

TAUNTON SAVINGS BANK <TSBK> SETS FIRST DIVIDEND

Taunton Savings Bank said its board declared an initial cash dividend of six cts per share. Taunton, which went public last June, said the rate was based on 3,220,000 outstanding shares. It said the dividend was payable April 15 to shareholders of record March 31. The company said it did not k...

Financial Reports

FIBRONICS INTERNATIONAL INC <FBRX> 4TH QTR LOSS

Shr loss 14 cts vs loss one ct Net loss 836,327 vs loss 34,926 Revs 8,939,390 vs 8,136,160 Year Shr loss 34 cts vs loss nil Net loss 2,008,103 vs loss 14,078 Revs 30.1 mln vs 28.0 mln Note: Year-ago results restated to reflect acquisition of Spartacus Inc in Febaruary 1986....

Financial Reports

TELEPHONE AND DATA SYSTEMS INC <TDS> YEAR NET

Oper shr 94 cts vs 93 cts Oper net 8,889,000 vs 8,570,000 Revs 155.0 mln vs 123.4 mln Avg shrs 9,450,000 vs 9,174,000 NOTE: Net excludes discontinued operations a gain of 4,679,000 dlrs, or 50 cts a share vs a loss of 720,000 dlrs, or seven cts a share. 1986 net includes charge of 865,000 ...

Financial Reports

API SAYS DISTILLATE STOCKS OFF 7.35 MLN BBLS, GASOLINE OFF 2.89 MLN, CRUDE OFF 4.39 MLN

Financial Reports

CPC INTERNATIONAL INC <CPC> QTLY DIV

Shr 31 cts vs 31 cts prior Payable April 24 Record March 31

Financial Reports

CONGRESSMAN URGES WHEAT EEP TO SOVIET UNION

Kansas Republican Congressman Pat Roberts urged the Reagan administration to offer export enhancement program, eep, subsidies to the Soviet Union. Speaking at a House foreign agriculture subcommittee, Roberts said the U.S. has offered eep to China and Poland, and should also include the Soviet Union. ...

Commodities and Trade

PUBLIC SERVICE ENTERPRISE <PEG> TWO MONTHS NET

Period ends February 28 Shr 89 cts vs 87 cts Net 119.5 mln vs 114.6 mln Revs 872.3 mln vs 917.4 mln Year Shr 2.87 dlrs vs 3.32 dlrs Net 383.4 mln vs 413.6 mln Revs 4.45 billion vs 4.45 billion NOTE: Full name Public Service Enterprise Group Inc.

Corporate News

DAMON CREATIONS INC <DNI> 4TH QTR JAN THREE NET

Shr profit 49 cts vs loss 41 cts Net profit 543,000 vs loss 457,000 Revs 10.4 mln vs 14.2 mln Year Shr loss 71 cts vs loss 2.11 dlrs Net loss 781,000 vs loss 2,325,000 Revs 38.9 mln vs 44.9 mln

Financial Reports

GATES LEARJET CORP <GLJ> 4TH QTR LOSS

Shr loss 12 cts vs loss 99 cts Net loss 1,476,000 vs loss 11,965,000 Sales 83.4 mln vs 110.9 mln Year Shr loss 1.79 dlrs vs loss 1.90 dlrs Net loss 21,720,000 vs loss 22,969,000 Sales 259.0 mln vs 317.3 mln

Corporate News

API SAYS DISTILLATE, GAS STOCKS OFF IN WEEK

Distillate fuel stocks held in primary storage fell by 7.35 mln barrels in the week ended March 13 to 112.74 mln barrels from a revised 120.09 mln the previous week, the American Petroleum Institute (API) said. In its weekly statistical bulletin, the oil industry trade group said gasoline stocks fell 2....

Corporate News

CPC INTERNATIONAL INC <CPC> REGULAR DIVIDEND

Qtly div 31 cts vs 31 cts prior Pay April 24 Record March 31

Financial Reports

<CIMARRON PETROLEUM LTD> NINE MTHS NET

Shr 48 cts vs 64 cts Net 1,959,404 vs 2,621,778 Revs 5,132,626 vs 8,167,401

Financial Reports

ELECTRO AUDIO DYNAMICS INC <EAD> 2ND QTR JAN 31

Shr profit 14 cts vs loss 55 cts Net profit 864,000 vs loss 2.1 mln Revs 24.2 mln vs 1.5 mln Six months Shr profit seven cts vs loss 74 cts Net profit 434,000 vs loss 2.7 mln Revs 42.5 mln vs 2.9 mln NOTE:1986 2nd qtr and six months includes loss of 600,000 dlrs and 285,000...

Financial Reports

TECHNODYNE INC <TND> 2ND QTR NET

Shr profit 14 cts vs loss 17 cts Net profit 686,000 vs loss 831,000 Revs 24.2 mln vs 1.5 mln Six mths Shr profit 22 cts vs loss 17 cts Net profit 1,062,000 vs loss 812,000 Revs 42.5 mln vs 2.9 mln NOTE: Quarter ends January 31. 1986 excludes extraordinary gain of six ct...

Financial Reports

<SCEPTRE INVESTMENT COUNSEL LTD> 1ST QTR NET

Period ended January 31 Shr 22 cts vs 16 cts Net 518,564 vs 374,198 Revs 2,090,724 vs 1,614,079

Corporate News

D/P SELECTED UTILITIES <DNP> HIKES PAYOUTS

Duff and Phelps Selected Utilities Inc said it approved payment of higher monthly dividends. The closed end-investment company approved payment of 4.5 cts on April 10, record March 31; of five cts, payable May 11, record April 30; and of 5.5 cts, payable June 10, record May 29. Duff and Phelps fir...

Commodities and Trade

AMERICAN ELECTROMEDICS CORP <AECO> 2ND QTR LOSS

Qtr ends Jan 31 Shr loss three cts vs loss six cts Net loss 93,000 vs loss 191,000 Revs 338,000 vs 554,000 Six mths Shr loss four cts vs loss seven cts Net loss 108,000 vs loss 219,000 Revs 854,000 vs 1,283,000 NOTE: Company is 80 pct owned by Technodyne Inc <TND>, a...

Corporate News

LENNAR <LEN> COMPLETES ACQUISITION

Lennar Corp said it completed the previously announced acquisition of Development Corp of America <DCA>. Consequently, it said the American Stock Exchange suspended trading of Development Corp's common stock, 10 pct subordinated debentures due 1993 and 12 pct subordinated debentures due 1994. ...

Commodities and Trade

IBP (OXY) PLANT REOPENS WITHOUT INCIDENT

Iowa Beef Processors Inc said "hundreds" of its employees returned to work at its Dakota City, Nebraska beef processing plant without incident. Last week, Iowa Beef said it would lift a lockout in effect at the plant since mid-December, which affected 2,800 members of the United Food and Commercial Work...

Financial Reports

PHP HEALTHCARE CORP <PHPH> 3RD QTR JAN 31 NET

Shr 10 cts vs 10 cts Net 358,941 vs 299,838 Revs 8,645,289 vs 4,532,175 Avg shrs 3,446,752 vs 2,921,173 Nine mths Shr 23 cts vs 12 cts Net 705,799 vs 491,076 Revs 21.5 mln vs 11.0 mln Avg shrs 3,093,491 vs 4,068,000 Note: Net includes tax credits of 164,000 dlrs v...

Financial Reports

BANKERS TRUST NEW YORK CORP <BT> QTLY DIVIDEND

Qtly div 41.5 cts vs 41.5 cts prior Pay April 28 Record March 31

Financial Reports

HALLWOOD GROUP INC <HWG> 2ND QTR JAN 31 LOSS

Shr loss nine cts vs profit 23 cts Net loss 418,000 vs profit 1,037,000 Revs 2,872,000 vs 4,700,000 Six mths Shr profit nine cts vs profit 52 cts Net profit 418,000 vs profit 2,365,000 Revs 6,853,000 vs 9,379,000 NOTE: Includes tax loss carryforward gains of 164,000 dlrs vs...

Market and Economy

LYNG SAID TO HAVE NO COMMENT ON USSR WHEAT EEP

U.S. Agriculture Secretary Richard Lyng told representatives of several of the largest grain exporting firms and two farm organizations that he was not in a position to comment on their request that the Reagan administration offer subsidized wheat to the Soviet Union, according to participants in today's me...

Financial Reports

PAPERBOARD PLANS BID TO ACQUIRE BELKIN

<Paperboard Industries Corp> said it planned to make an unconditional 21 dlr a share cash offer for <Belkin Inc>'s 7.6 mln common and 2.3 mln non-voting shares. Paperboard said Balaclava Enterprises Ltd, owned by Morris Belkin, agreed to tender 98.2 pct of Belkin's common shares. It added that in ...

Corporate News

CATHAY PACIFIC AIRWAYS 1986 NET PROFIT 1.23 BILLION H.K. DLRS VS 777.5 MLN

Corporate News

CATHAY PACIFIC AIRWAYS LTD <CAPH.HK> YEAR 1986

Shr 46.5 H.K. Cents vs 29.3 Final div 14 cents, making 20 cents (no comparison) Net 1.23 billion dlrs vs 777.5 mln Turnover 9.06 billion dlrs vs 7.52 billion Note - Dividend payable May 29, books close May 11 to 22. Note - Company floated in April 1986 and is now 50.23 pct owned by Swi...

Financial Reports

PAPER SAYS U.S. MAY SEEK TO CURB FOREIGN TAKEOVERS

The Reagan administration will consider curbing foreign takeovers of security-sensitive industries such as semiconductors and computers, the New York Times said, quoting an unnamed senior administration official. "I think there's a strong sentiment here that some industries are not totally up for grabs,...

Financial Reports