titles stringlengths 12 138 | article stringlengths 15 8.85k | category stringclasses 6
values |
|---|---|---|
IRAQ REPORTS ATTACKS ON SUPERTANKER, OIL TARGETS
| Iraq said its warplanes had attacked a
supertanker and four Iranian oil sites and vowed to keep up
such raids until the Gulf war ends.
The surprise escalation of attacks on oil installations
broke more than a month-long lull in Iraqi air force action.
It also followed celebrations yesterday of what ... | Financial Reports |
HARCOURT <HBJ> DISAPPOINTED WITH HARPER <HPR>
| Harcourt Brace Jovanovich Inc said it
is disappointed that no negotiations with Harper and Row
Publishers Inc are underway.
Harcourt made a 50 dlrs a share unsolicited bid on March
11.
On March 17, Harcourt said three of its officers met with
Harper's financial advisor but has had no discussions s... | Commodities and Trade |
ITT'S <ITT> HARTFORD UNIT POSTS 4TH QTR GAIN
| Hartford Insurance Group, a unit
of New York-based ITT Corp, said higher worldwide premiums help
boost net income for the 1986 fourth quarter to 88.6 mln dlrs,
from net income of 36.7 mln dlrs for the 1985 quarter.
For the full year, Hartford said it earned 329 mln dlrs, up
from 151.4 mln dlrs in 1985.
... | Corporate News |
CLUB MED INC <CMI> 1ST QTR JAN 31 NET
| Shr 41 cts vs 38 cts
Net 5,630,000 vs 5,152,000
Revs 97.1 mln vs 85.4 mln
| Financial Reports |
DRIVER-HARRIS CO <DRH> 4TH QTR NET
| Shr profit 22 cts vs loss 2.15 dlrs
Net profit 271,000 vs loss 2,530,000
Revs 16.3 mln vs 15.2 mln
Avg shr 1,238,000 and 1,177,000
12 mths
Shr profit 82 cts vs loss 2.14 dlrs
Net profit 982,000 vs loss 2,517,000
Revs 66.5 mln vs 64.5 mln
Avg shrs 1,193,000 vs 1,177,000
... | Financial Reports |
1987 U.S. SOYBEAN LOAN SHOULD STAY SAME-AMSTUTZ
| Congress should give the U.S.
Agriculture Secretary the authority to keep the 1987 soybean
loan rate at the current effective rate of 4.56 dlrs per bushel
in order to help resolve the problem of soybean export
competitiveness, USDA undersecretary Dan Amstutz said.
Speaking to reporters following a Senat... | Financial Reports |
COOPER DEVELOPMENT <BUGS> RESTATES RESULTS
| Cooper Development Co said it
revised results for the year ended October 31 to a loss of 61.7
mln dlrs, or 2.33 dlrs per share, down from the
previously-reported loss of 12.1 mln dlrs, or 46 cts per share.
The restatement was made because of change in the method of
accounting for a combination of severa... | Financial Reports |
AMBRIT INC <ABI> 4TH QTR JAN 31 NET
| Shr 28 cts vs nil
Net 3,614,000 vs 7,000
Revs 37.5 mln vs 7,835,000
Year
Shr 13 cts vs nil
Net 1,601,000 vs 30,000
Revs 145.5 mln vs 51 mln
NOTE: Per share amounts are after payment of preferred
stock dividends.
| Corporate News |
SEC PROBES 1986 TRE <TRE> TAKEOVER ATTEMPT
| The federal Securities and Exchange
Commission (SEC) is looking for possible securities laws
violations in connection with an unsuccessful 1986 bid by
Hollywood producer Burt Sugarman to take over TRE Corp,
attorneys contacted by SEC investigators said.
During the takeeover attempt, a unit of Sugarman's... | Financial Reports |
<ATLANTIS INTERNATIONAL LTD> YEAR LOSS
| Shr loss 35 cts vs profit six cts
Net loss 3,555,293 vs profit 649,715
Revs 4,451,732 vs 3,910,652
Note: 1986 net includes 3.7 mln dlr writedown of oil and
gas properties.
| Commodities and Trade |
AMERICAN EXPRESS DECLARED A TWO-FOR-ONE STOCK SPLIT
|
AMERICAN EXPRESS DECLARED A TWO-FOR-ONE STOCK SPLIT
| Corporate News |
AMERICAN EXPRESS RAISES QTLY DIVIDEND TO 38 CTS FROM 36 CTS
|
AMERICAN EXPRESS RAISES QTLY DIVIDEND TO 38 CTS FROM 36 CTS
| Corporate News |
U.S. WILLING TO TALK TO MOSCOW ON WHEAT PRICE
| U.S. Agriculture undersecretary Dan
Amstutz indicated the United States is willing talk with the
Soviet Union about the competitiveness of U.S. wheat prices but
would not discuss making U.S. wheat prices "cheap."
"There sometimes is a difference between being competitive
and being cheap," Amstutz told a... | Commodities and Trade |
AMERICAN EXPRESS BOARD APPROVED NIPPON LIFE PURCHASE OF SHEARSON INTEREST
|
AMERICAN EXPRESS BOARD APPROVED NIPPON LIFE PURCHASE OF SHEARSON INTEREST
| Corporate News |
UNITED ILLUMINATING CO <UIL> TWO MONTHS FEB 28
| Shr 1.51 dlr vs 1.08 dlr
Net 23.1 mln vs 18.2 mln
Oper revs 81.1 mln vs 86.5 mln
12 mths
Shr 6.41 dlrs vs 5.77 dlrs
Net 106.5 mln vs 99.2 mln
Oper revs 465.8 mln vs 509.8 mln
NOTE: 1987 periods do not reflect the terms of earnings
stipulation agreement among the company an... | Corporate News |
DATA CARD <DATC> SEES LOWER YEAREND RESULTS
| Data Card Corp said it does not
expect to meet its earnings and revenue targets for the fiscal
year ending March 28.
Earlier, the company said it expected earnings per share
from continuing operations to be 35 to 45 cts a share. Now it
sees that figure at 15 cts a share, or about 1.5 mln dlrs.
Dat... | Corporate News |
DU PONT <DD> UPS STAKE IN PERCEPTIVE SYSTEMS
| Du Pont Co has increased its equity
stake in <Perceptive Systems Inc> to 33.5 pct from 20 pct,
Perceptive Systems said.
Perceptive Systems, a venture capital firm based in
Houston, makes digital imaging equipment.
| Corporate News |
QUAKER OATS <OAT> SELLS VERNELL'S FINE CANDIES
| Quaker Oats Co said Keystone Partners
Inc has purchased Vernell's Fine Candies Inc, previously an
indirect subsidiary of Quaker. The price was not disclosed.
It said Vernell's, based in Bellevue, Wash., had annual
sales exceeding 30 mln dlrs. Vernell's was acquired by Quaker
in its acquisition of Golden... | Corporate News |
LINCOLN SAVINGS <LNSB> SETS FIRST PAYOUT
| Lincoln Savings Bank said its
board declared an initial dividend of 10 cts per share, payable
April 17 to shareholders of record April 10.
| Financial Reports |
GRAPHIC INDUSTRIES <GRPH> ENDS BUYOUT TALKS
| Graphics Industries Inc said it
terminated negotiations for the acquisition of <Holladay-Tyler
Printing Corp>, Rockville, Md.
The companies on March 10 announced that they had signed an
agreement in principle for the acquisition.
No reason was given termination of the negotiations.
| Financial Reports |
UNITED <UIL> PACT MAY LOWER NONCASH INCOME
| United Illuminating Co said
that if the Department of Utility Controls approves an earnings
stipulation agreement submitted March 18, it will reduce
through accounting procedures its 1987 noncash earnings by 16
mln dlrs or 1.15 dlr per share.
For the two month period ended February 28, 1987, it said
t... | Financial Reports |
CBT FEBRUARY VOLUME DOWN 14 PCT FROM YEAR AGO
| February volume at the Chicago Board of
Trade, CBT, declined 14 pct from the year-ago month to
8,191,266 contracts, the exchange said.
A relatively steady interest rate climate reduced volume in
the most active contract, Treasury bond futures, by 17.5 pct
from a year ago to 4,307,645 contracts.
Ho... | Other |
HUGHES' U.S. RIG COUNT RISES TO 784
| U.S. drilling activity rose last week
with the number of working rotary rigs up by 23 to 784, against
1,063 working rigs one year ago, Hughes Tool Co. said.
The improvement was the first increase this year in the
weekly rig count, which had dropped steadily since early
January when a total of 962 rotary... | Other |
AMSTUTZ SAYS FARM TRADE ACCORD POSSIBLE IN 1988
| U.S. Agriculture undersecretary
Daniel Amstutz said it is possible to reach a global agreement
to scale-back agricultural supports in calendar 1988.
Speaking to a Senate Agriculture Appropriations committee
hearing, Amstutz said "I think we can reach agreement in
calendar 1988."
Amstutz said the U... | Financial Reports |
CAMPBELL RED LAKE MINES LTD <CRK> QTLY DIV
| Qtly div 10 Canadian cts vs 10 Canadian cts prior
Pay May 25
Record April 20
| Financial Reports |
STOKELY USA INC <STKY> REGULAR DIVIDEND SET
| Qtly div three cts vs three cts previously
Pay April 15
Record April One
| Other |
COOPER SAYS OFFER MUST INCLUDE CLASS A SHARES
| <Cooper Canada Ltd> said it told those
who have expressed interest in acquiring control of the company
that it would entertain no offer unless it were made to holders
both of class A non-voting shares and voting common.
| Other |
KINGS ROAD ENTERTAINMENT <KREN> 3RD QTR LOSS
| Qtr ended Jan 31
Shr loss seven cts vs loss 64 cts
Net loss 367,000 vs loss 3,009,000
Revs 2,516,000 vs 8,787,000
Nine mths
Shr loss 73 cts vs loss 1.17 dlrs
Net loss 3,545,000 vs loss 4,573,000
Revs 6,768,000 vs 13.3 mln
| Corporate News |
USSR WHEAT BONUS RUMORS PERSIST DESPITE DENIALS
| Grain trade representatives continued
to speculate that the Reagan administration will offer
subsidized wheat to the Soviet Union, while U.S. Agriculture
Department officials said there was no substance to the
reports.
"It's pure fiction," said one senior official at USDA's
Foreign Agricultural Servic... | Corporate News |
AMERICAN EXPRESS <AXP> APPROVES SHEARSON OFFER
| American Express Co said its board
approved a public offering of about 18 pct of its wholly owned
Shearson Lehman Brothers Inc brokerage unit.
American Express also approved the previously announced
plan to sell about 13 pct, or 13 mln convertible preferred, of
the unit to Nippon Life insurance co for 5... | Corporate News |
STERIVET LABS <STVTF> SETS STOCK SPLIT
| Sterivet Laboratories Ltd said it
authorized a three-for-one split of its common stock.
The company said the stock split is subject to approval by
its shareholders at its upcoming annual meeting.
| Commodities and Trade |
CHICAGO FUTURES LEADER SAYS MARKETS CAN ADAPT
| Foreign currency futures
markets would not be harmed if the leading industrial countries
agreed to restrict currency movements to within a narrow band,
said Leo Melamed, chairman of the Chicago Mercantile
Exchange's, CME, executive committee.
"The target zone would not affect our market I think at
all... | Other |
TCBY ENTERPRISES INC <TCBY> 1ST QTR FEB 28 NET
| Shr eight cts vs five cts
Net 1,370,898 vs 823,988
Sales 7,786,730 vs 4,383,825
Avg shrs 17,744,333 vs 17,071,236
NOTE: Per-share amounts adjusted for three-for-two stock
splits in April and July, 1986
| Corporate News |
HECLA <HL> BUYS STAKE IN GREENS CREEK VENTURE
| Hecla Mining Co said it agreed to buy a
28 pct stake in the Greens Creek joint venture from Amselco
Minerals Inc, a unit of British Petroleum PLC's <BP> BP North
America Inc unit.
The Greens Creek venture is engaged in final project
engineering of a gold-silver-lead-zinc ore body on Admiralty
Islan... | Financial Reports |
SPRINT OPTIMISTIC DESPITE LOSSES
| US Sprint, the 50-50 telephone venture
of GTE Corp <GTE> and United Telecommunications Inc <UT> set up
last June, is optimistic despite expecting to report a net loss
of about 500 mln dlrs this year.
David M. Holland, president of US Sprint's Dallas-based
Southwest Division, told Reuters in an in... | Financial Reports |
CANADIAN SEAFARERS THREATEN STRIKE
| Canadian seafarers are almost certain
to go on strike this spring in a refusal to meet rollbacks in
wages and benefits asked for by their employers, Seafarers'
International Union official Roman Gralewicz said.
"It's 99.9 percent--I guarantee you a strike," Gralewicz
said in an interview.
The unio... | Financial Reports |
AVALON <AVL> STAKE SOLD BY DELTEC
| Avalon Corp said that <Deltec
Panamerica SA> has arranged to sell its 23 pct stake in Avalon
and that Deltec's three representatives on Avalon's board had
resigned.
An Avalon spokeswoman declined to indentify the buyer of
Deltec's stake or give terms of the sale.
In addition, Avalon said three ... | Financial Reports |
QUAKER OATS <OAT> SELLS UNIT TO KEYSTONE
| The Quaker Oats Co said it sold
its Vernell's Fine Candies Inc unit to privately-held Keystone
Partners Inc for an undisclosed price.
The company said Vernells had sales of around 30 mln dlrs
in the year ended in August, 1986.
Quaker Oats acquired Vernells in August, 1986 when it
purchased Golden ... | Financial Reports |
U.S. TO ASK JAPAN TO DROP BEEF RESTRICTIONS
| U.S. Agriculture Secretary
Richard Lyng will ask the Japanese Government to remove all
beef import restrictions when he visits there next month.
Lyng's remarks came in a speech at Oklahoma State
University today.
"We think Japanese consumers should have the same freedom
of choice as our consumers.... | Corporate News |
CLABIR CORP <CLG> 4TH QTR JAN 31 NET
| Shr profit 26 cts vs loss two cts
Net profit 6,194,000 vs loss 170,000
Revs 100.0 mln vs 7,854,000
Avg shrs 10.7 mln vs 8,787,977
Year
Shr profit two cts vs loss 17 cts
Net profit 7,169,000 vs loss 1,461,000
Revs 421.4 mln vs 51.1 mln
Avg shrs 9,604,474 vs 8,807,709
... | Financial Reports |
U.K. PROFITTED FROM AUTUMN INTERVENTION - LAWSON
| Britain has reaped profits by using a
stronger pound to buy back dollars used by the government last
autumn to support sterling during a currency crisis, Chancellor
of the Exchequer Nigel Lawson said.
He said in a parliamentary debate, "I can now tell the House
(of Commons) that the dollars that were so... | Financial Reports |
BAY FINANCIAL CORP <BAY> 3RD QTR FEB 28
| Shr loss 1.34 dlrs vs profit two cts
Net loss 4.5 mln vs profit 46,000
Revs 7.6 mln vs 8.9 mln
Nine months
Shr loss 1.41 dlrs vs loss two cts
Net loss 4.7 mln vs loss 76,000
Revs 30.2 mln vs 23.8 mln
NOTE:1986 includes gain on disposition of investments of
2,454 dlrs in 3rd... | Corporate News |
CORRECTED - MANHATTAN NATIONAL<MLC>4TH QTR LOSS
| Oper shr loss 20 cts vs loss 81 cts
Oper net loss 1,042,000 vs loss 4,077,000
Revs 38.5 mln vs 50.3 mln
12 mths
Oper shr profit six cts vs loss 43 cts
Oper net profit 336,000 vs loss 2,176,000
Revs 137.8 mln vs 209.1 mln
(Company corrects to show profit rather than a loss for... | Corporate News |
AMBRIT INC <ABI> 4TH QTR JAN 31 NET
| Shr 28 cts vs nil
Net 4,568,000 vs 7,000
Revs 37.5 mln vs 7,835,000
Year
Shr 13 cts vs nil
Net 5,011,000 vs 30,000
Revs 145.5 mln vs 51.0 mln
Note: Current year results includes revs of 87.2 mln dlrs
from Chocolate Co Inc, which was acquired in March 1986.
Note: Shr r... | Industrial and Sector News |
COMMUNICATIONS CORP OF AMERICA 2ND QTR DEC 31
| Shr loss 33 cts vs loss 48 cts
Net loss 1.7 mln vs loss 2.5 mln
Revs 6.3 mln vs 10.2 mln
Six months
Shr loss 54 cts vs loss 75 cts
Net loss 2.8 mln vs loss 3.9 mln
Revs 15.2 mln vs 23.4 mln
| Financial Reports |
Dollar hits record low of 149.78 yen - Tokyo dealers
|
Dollar hits record low of 149.78 yen - Tokyo dealers
| Other |
CBI SURVEY POINTS TO SURGE IN U.K. OUTPUT
| British manufacturers expect output to
grow rapidly in the four coming months, a Confederation of
British Industry (CBI) survey shows.
The CBI's monthly trends survey for March shows that 43 pct
of the 1,685 polled U.K. Firms expect to raise output in the
next four months. Only nine pct expect output to... | Corporate News |
TOKYO - Bank of Japan buys small amount of dollars, dealers said
|
TOKYO - Bank of Japan buys small amount of dollars, dealers said
| Corporate News |
Miyazawa says time has come for major nations to act on exchange rates
|
Miyazawa says time has come for major nations to act on exchange rates
| Financial Reports |
MAJOR NATIONS MUST ACT ON CURRENCIES - MIYAZAWA
| Finance Minister Kiichi Miyazawa said the
time has come for major industrialised nations to take action
on exchange rates in line with their agreement last month in
Paris.
In Paris, Britain, Canada, France, Japan, the U.S. And West
Germany agreed to coooperate to hold currency rates around
their then ... | Corporate News |
DALLAS CORP <DLS> 4TH QTR LOSS
| Oper shr loss 22 cts vs profit 10 cts
Oper net loss 1,626,000 vs pofit 702,000
Revs 98.3 mln vs 105.1 mln
12 mths
Oper shr profit 18 cts vs profit 82 cts
Oper net profit 1,293,000 vs profit 5,940,000
Revs 396.2 mln vs 396.7 mln
Note: Oper net excludes loss from discontinued o... | Corporate News |
BANK OF JAPAN RE-ENTERS MARKET AND STEPS UP DOLLAR BUYING, DEALERS SAY
|
BANK OF JAPAN RE-ENTERS MARKET AND STEPS UP DOLLAR BUYING, DEALERS SAY
| Financial Reports |
BANK OF JAPAN STEPS UP DOLLAR BUYING
| The Bank of Japan stepped up its dollar
buying as it re-entered the market after the midday Tokyo lunch
break, dealers said.
They said the bank seemed more determined to support the
dollar than it did this morning.
Several dealers said the central bank intervened this
afternoon when the dollar sto... | Financial Reports |
YEUTTER SEES GATT CONSENSUS ON FARM TRADE REFORM
| U.S. Trade Representative
Clayton Yeutter said trade ministers meeting here have reached
a general consensus on agricultural trade reform under the
latest Uruguay round of the General Agreement on Tariffs and
Trade (GATT).
Yeutter gave no precise details of the understanding but
told journalists the c... | Other |
SWIRE SEEN REPORTING 20 PCT RISE IN 1986 PROFIT
| Swire Pacific Ltd <SWPC.HKG> is
likely to show a more than 20 pct rise in 1986 operating
profits when it reports results tomorrow, reflecting gains in
its aviation and property businesses, share analysts said.
Analysts polled by Reuters estimated after-tax profits from
operations will be between 1.52... | Financial Reports |
(CORRECTED) - PHILIPPINES CRITICISES EC FOR OIL LEVY
| Philippines Trade and
Industry Secretary Jose Concepcion told world trade ministers
he wondered if their agreement was of any real value after the
European Community (EC) proposed a levy on vegetable oils.
Concepcion, speaking at an informal meeting of the General
Agreement on Tariffs and Trade (GATT) h... | Financial Reports |
TAIWAN COMPLAINS ABOUT SIZE OF RESERVES
| Taiwan's foreign exchange reserves,
swollen by strong trade surpluses to a record 53 billion U.S.
Dlrs, are becoming a problem, government officials said.
Official figures show the latest level compares with the
previous record of 51 billion dlrs on March 4 and about 26
billion in late March 1986.
... | Other |
AUSTRALIAN MINISTER SEES TARGETED OIL TAX STRATEGY
| Australia's crude
oil tax strategy is probably best tackled in terms of a
targeted rather than broadly-based approach, Federal Resources
and Energy Minister Gareth Evans told a meeting here.
He told the Australian Petroleum Exploration Association
(APEA) annual conference there was a prospect of develop... | Commodities and Trade |
GATT ROUND MAY STOP GROWING TRADE PROBLEMS - U.S.
| A successful new GATT
(General Agreement on Tariffs and Trade) round is needed to
halt growing bilateral trade problems between major trading
partners, U.S. Trade Representative Clayton Yeutter said.
Yeutter, in New Zealand for informal GATT ministerial
talks, told Reuters bilateral trade disputes are i... | Corporate News |
TONKA CORP <TKA> RAISES DIVIDEND
| Qtly div two cts vs 1.7 cts
Pay March 26
Record March 12
| Commodities and Trade |
SHELL AUSTRALIA REPORTS 45.79 MLN DLR 1986 PROFIT
| Royal Dutch/Shell Group <RD.AMS> unit
<Shell Australia Ltd>, said its net profit fell to 45.79 mln
dlrs in 1986 from 66.76 mln in 1985.
Revenue fell to 4.55 billion dlrs from 4.91 billion, in an
extremely competitive and over-regulated environment, chairman
and chief executive Kevan Gosper said in... | Financial Reports |
NAKASONE INTERVENES IN MICROCHIP DISPUTE WITH U.S.
| Prime Minister Yasuhiro Nakasone
intervened to try to resolve Japan's escalating dispute with
the U.S. Over semiconductor trade, government officials said.
At today's Cabinet meeting, Nakasone told Trade and
Industry Minister Hajime Tamura to redouble his efforts to calm
U.S. Anger over what it sees as ... | Financial Reports |
NORTHEAST, EASTERN THAILAND FACE SEVERE DROUGHT
| Thirteen provinces, mainly in northeast
and eastern Thailand, have been suffering a worse than average
drought since mid-February and the dry spell is expected to
last until early May, Deputy Interior Minister Santi
Chaiviratana said.
Santi told reporters the government is launching a drought
relief o... | Corporate News |
U.K., AUSTRALIA OFFER WHEAT TO BANGLADESH
| Britain and Australia have offered a
total of 129,250 tonnes of wheat to Bangladesh as grants to
contain rising cereal prices and help support rural employment
projects, officials said.
They said 79,250 tonnes of wheat promised by Britain would
be shipped next week and used for the government's "Food fo... | Other |
Sumita says Bank of Japan will intervene if necessary
|
Sumita says Bank of Japan will intervene if necessary
| Corporate News |
WORLD BANK CHIEF PLEDGES SUPPORT TO INDONESIA
| World Bank president Barber Conable
pledged the Bank's support to help Indonesia adjust to lower
world oil prices, but said further deregulation of its
protected economy was needed.
Speaking to reporters after talks with President Suharto,
he said he expected Jakarta to do more to liberalise the
econo... | Financial Reports |
SUMITA SAYS BANK WILL INTERVENE IF NECESSARY
| Bank of Japan Governor Satoshi Sumita
said in a statement the central bank will intervene in foreign
exchange markets to stabilise exchange rates if necessary in
close cooperation with other major industrial nations.
Sumita said the Bank will take adequate measures including
market intervention, if nece... | Other |
YEUTTER SAYS U.S.-JAPAN TRADE DIFFICULTIES REMAIN
| U.S. Trade Representative
Clayton Yeutter said he was unsure whether some of the trade
issues straining U.S.-Japanese relations would be resolved
before the two countries open trade talks in late April.
"We are having high level discussions on them (the issues)
within the United States...The relationshi... | Other |
P AND O 1986 PRETAX PROFIT 174.1 MLN STG VS 125.6 MLN
|
P AND O 1986 PRETAX PROFIT 174.1 MLN STG VS 125.6 MLN
| Corporate News |
DILLARD DEPARTMENT STORES INC <DDS> 4TH QTR NET
| Qtr ended Jan 31
Shr 1.16 dlrs vs 1.15 dlrs
Net 32.4 mln vs 33.5 mln
Revs 629.0 mln vs 538.6 mln
Avg shrs 32.1 mln vs 29.2 mln
12 mths
Shr 2.35 dlrs vs 2.29 dlrs
Net 74.5 mln vs 66.9 mln
Revs 1.85 billion vs 1.60 billion
Avg shrs 31.7 mln vs 29.2 mln
Note: S... | Other |
KUWAIT SAYS OPEC 2.4 MLN BPD BELOW CEILING
| Kuwaiti oil minister Sheikh Ali
al-Khalifa al-Sabah said OPEC was producing well below its oil
output ceiling and this would help prices move higher,
according to a Kuwaiti newspaper interview.
The al-Rai al-Aam newspaper quoted him as saying OPEC was
pumping 2.4 mln barrels per day (bpd) less than its ... | Other |
PENINSULAR AND ORIENTAL 1986 YEAR
| Earnings per one stg of deferred stock 41.7p vs 34.9
Div 11.5p making 19.0 vs 16.0
Turnover 1.95 billion stg vs 1.63 billion
Pretax profit 174.1 mln vs 125.6 mln
Tax 49.4 mln vs 34.9 mln
NOTE - Company's full name is Peninsular and Oriental Steam
Navigation Co Plc <PORL.L>
Net... | Financial Reports |
Woolworth Holdings pretax profit 115.3 mln stg vs 81.3 mln, year to end-January
|
Woolworth Holdings pretax profit 115.3 mln stg vs 81.3 mln, year to end-January
| Other |
CHINA SAYS POSSIBLE GOOD HARVEST DESPITE DROUGHT
| China's summer grain harvest may be good
despite a serious drought because the State Council (cabinet)
has spent one billion yuan on irrigation and other anti-drought
work, a Hong Kong newspaper said.
Wen Hui Bao said the drought, which has affected Shanxi,
Hebei, Henan and Shandong the most, has eased ... | Corporate News |
WOOLWORTH HOLDINGS PLC <WLUK.L> YR TO END-JANUARY
| Shr 47.1p vs 37.7
Shr fully diluted 42.2p vs 33.6
Div 11p vs 7 making 16 vs 10
Turnover 1.83 billion stg vs 1.76 billion
Pretax profit 115.3 mln vs 81.3 mln
Tax 30.5 mln vs 16.2 mln
Retail profit -
B and Q 45.5 mln vs 33.1 mln
Comet 17.4 mln vs 11.9 mln
Woolworth ... | Other |
TMOC TELLS SHAREHOLDERS NOT TO ACCEPT SANTOS BID
| <TMOC Resources Ltd> told shareholders
not to accept Santos Ltd's <STOS.S> 4.00 dlr a share takeover
bid pending advice from Macquarie Hill Samuel Corporate
Services, its corporate advisor.
It said in a statement the Santos bid was below the
underlying value of the shares as assessed by Macquarie ... | Financial Reports |
SANTOS LTD <STOS.S> YEAR END DEC 31 NET PROFIT 88.67 DLRS VS 144.04 MLN
|
SANTOS LTD <STOS.S> YEAR END DEC 31 NET PROFIT 88.67 DLRS VS 144.04 MLN
| Financial Reports |
WILLIAMS HOLDINGS SAYS IT BIDDING 542.2 MLN STG FOR NORCROS ORDINARY SHARES
|
WILLIAMS HOLDINGS SAYS IT BIDDING 542.2 MLN STG FOR NORCROS ORDINARY SHARES
| Corporate News |
WILLIAMS HOLDINGS BIDS 542.2 MLN STG FOR NORCROS
| Industrial holding company Williams
Holdings Plc said it was bidding 542.2 mln stg for the ordinary
shares of building products and packaging group Norcros Plc.
The offer would be made on the basis of 29 new Williams
shares for every 50 in Norcros, or 432.7p a share
Norcros shares firmed to 410p at ... | Other |
SANTOS LTD <STOS.S> YEAR ENDING DEC 31
| Shr 37.0 cents vs 60.0
Final div deferred vs 11 cents (1985 full year 20.0)
Pre-tax 171.05 mln vs 239.97 mln
Net 88.67 mln vs 144.04 mln
Turnover 400.42 mln vs 506.51 mln
Other income 85.44 mln vs 71.04 mln
Shrs 238.99 vs same.
NOTE - Final div deferred for tax advantage unti... | Corporate News |
DOUBTS ABOUT ACCORD SEEN WEAKENING DOLLAR FURTHER
| The dollar is expected to decline further
in coming days as scepticism mounts about the effectiveness of
last month's Paris accord to stabilise currency exchange rates,
senior foreign exchange dealers said.
Following its fall today to a record 148.40 yen, dealers
said they expect the dollar to establish... | Financial Reports |
AUSTRALIAN OIL INDUSTRY TO CONTINUE TAX CAMPAIGN
| The council of the
Australian Petroleum Exploration Association (APEA) said it
will press on with its campaign for major improvements to
Australia's petroleum taxation structure.
The council said in a statement the industry was bitterly
disappointed by the Australian government's position on
taxation,... | Financial Reports |
GERMAN FEBRUARY IMPORT PRICES FALL
| Import prices in West Germany fell
0.7 pct in February from January to stand 15.6 pct below their
level in February 1986, the Federal Statistics Office said.
In January the import price index, base 1980, was unchanged
compared with December but 17.8 pct lower against January 1986.
February export pr... | Financial Reports |
NIPPON LIFE, SHEARSON TIE-UP SEEN SETTING TREND
| Nippon Life Insurance Co's 538 mln dlr
purchase of a 13 pct stake in Shearson Lehman Brothers Inc
brokerage unit is a shrewd move that other Japanese insurers
are likely to follow, securities analysts said.
The investment in one of Wall Street's top brokerage houses
is likely to pay off in dollars and i... | Financial Reports |
U.K. MONEY MARKET DEFICIT FORECAST AT 300 MLN STG
| The Bank of England said it forecast a
shortage of around 300 mln stg in the money market today.
Among the main factors affecting liquidity, bills maturing
in official hands and the take-up of treasury bills will drain
some 338 mln stg while bankers' balances below target will take
out around 25 mln stg... | Financial Reports |
SANTOS SAYS PROFITS HIT BY OIL PRICE FALL
| Leading Australian onshore oil and gas
producer, Santos Ltd <STOS.S>, said its 1986 results were hit
by sharp reductions in prices for crude oil, condensate and
liquefied petroleum gas (LPG).
The Cooper Basin producer earlier reported a fall in net
profit to 88.67 mln dlrs from 144.04 mln in 1985.
... | Corporate News |
P AND O PLANS WARRANT ISSUE TO MARK ANNIVERSARY
| Peninsular and Oriental Steam Navigation
Co Plc <PORL.L>, P and O, said it plans a free warrant issue on
the basis of 10 warrants for every 150 stg nominal of deferred
stock already held, to mark the 150th anniversary of the
company.
Each warrant will give the right to subscribe for one stg
nominal... | Corporate News |
CANADA OUTLINES GATT AGRICULTURAL REFORM PLAN
| Canadian Trade Minister Pat
Carney said that agricultural policies should not hurt world
international trade and should therefore become more price
responsive over time.
She told delegates at the informal meeting of trade
ministers that this was one of five principles Canada wanted
adopted in reformin... | Financial Reports |
TAIWAN ISSUES MORE CERTIFICATES OF DEPOSITS
| The Central Bank said it issued 4.96
billion dlrs worth of certificates of deposit (CDs) today,
after issuing 4.03 billion of similar CDs yesterday, bringing
the total value of CD issues in 1987 to 139.46 billion.
The new CDs, with maturities of six months, one year and
two years, carry interest rates r... | Other |
PHILIPPINE TRADE SECRETARY PLEASED WITH GATT TALKS
| Philippine Secretary of
Trade and Industry Jose Concepcion, who two days ago expressed
doubts about agreements produced at international conferences,
said he was pleased with the latest gathering here.
Concepcion told Reuters in an interview that the informal
General Agreement on Tariffs and Trade (GATT... | Financial Reports |
DROUGHT HITS THAI RUBBER AND FRUIT GROWERS
| A drought that began seven weeks ago is
hurting orchards and rubber plantations in Thailand and
officials said it could last until May.
The government is trucking water into parched farms in
parts of northeastern, eastern and southern provinces, but not
enough to satisfy farmers, according to press repo... | Financial Reports |
MIYAZAWA SAYS U.S. LIKELY TO INTERVENE
| Finance Minister Kiichi Miyazawa told
Parliament's Lower House Finance Committee that the U.S. Is
expected to intervene in the foreign exchange market to
stabilise exchange rates, political sources said.
Asked if the U.S. Federal Reserve Board agreed in Paris
last month to intervene to stabilise exchang... | Financial Reports |
British Aerospace 1986 pretax profit 182.2 mln stg vs 150.5 mln
|
British Aerospace 1986 pretax profit 182.2 mln stg vs 150.5 mln
| Financial Reports |
BRITISH AEROSPACE PLC <BAEL.L> 1986 YEAR
| Shr 51.4p vs 56.4p
Div 11.0p making 17.4p, a 10 pct increase on 1985
Turnover 3.14 billion stg vs 2.65 billion
Pretax profit 182.2 mln vs 150.5 mln
Tax 53.8 mln vs 23.5 mln
Note - comparisons restated.
Trading profit 217.2 mln vs 211.1 mln
Launching costs 47.6 mln vs 51.6 mln... | Corporate News |
KENTUCKY CENTRAL LIFE <KENCA> SETS PAYOUT
| Kentucky Central Life Insurance
Co said it declared a semi-annual dividend of 55 cts per share,
payable March 31 to shareholders or record March 19.
The dividend is equal to the company's previous semi-annual
payout.
| Corporate News |
GERMAN FEB SUGAR STOCKS UP IN YEAR, DOWN IN MONTH
| West German sugar stocks rose to 2.60 mln
tonnes, white value, at the end of February from 2.50 mln at
the same time a year earlier, the sugar industry association
WVZ said.
However, stocks were well below the 2.82 mln held at the
end of January.
Sugar exports between October 1 and February 28 ros... | Corporate News |
PORTUGUESE GRAIN AGENCY BAN TO REMAIN - EC SOURCES
| A ban by a Portuguese court on the
state buying agency EPAC taking part in cereals import tenders
open to private traders will remain unless it is reversed in
Portugal or challenged in the European Court of Justice,
European Commission sources said.
They denied a statement yesterday by Portuguese Agricu... | Financial Reports |
BANK OF JAPAN STEPS UP DOLLAR BUYING
| The Bank of Japan stepped up its dollar
buying as it re-entered the market after the midday Tokyo lunch
break, dealers said.
They said the bank seemed more determined to support the
dollar than it did this morning.
Several dealers said the central bank intervened this
afternoon when the dollar sto... | Other |
SUMITA SAYS BANK WILL INTERVENE IF NECESSARY
| Bank of Japan Governor Satoshi Sumita
said in a statement the central bank will intervene in foreign
exchange markets to stabilise exchange rates if necessary in
close cooperation with other major industrial nations.
Sumita said the Bank will take adequate measures including
market intervention, if nece... | Commodities and Trade |
BANK OF NEW ENGLAND CORP <BKNE> QTLY DIVIDEND
| Qtly div 28 cts vs 28 cts prior
Pay April 20
Record March 31
| Financial Reports |
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.