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Qtly div nine cts vs nine cts prior Pay July 31 Record July Nine Reuter | IPCO CORP <IHS> IN PAYOUT |
Saxon Oil Co said stockholders at its recent annual meeting approved among other things a 1-for 15 reduction in the number of outstanding shares of common stock. The company said stockholders also approved the reelection of the four directors of the company and the authorization of a change in the state of incorporatio... | SAXON OIL <SAXO.O> SETS REDUCTION IN STOCK |
Analysts said they were surprised at the governments announcement of a forecast budget surplus for fiscal 1988 but said it was consistent with previous policy statements and positive for the economy. Finance Minister Roger Douglas predicted a budget surplus for the year ending March 1988 of 379 mln New Zealand dlrs aga... | NEW ZEALAND BUDGET FORECAST SEEN AS POSITIVE |
Qtly div three cts vs three cts prior Pay Aug 14 Record July 24 Reuter | <BURKE-PARSONS-BOWLBY CORP> SETS QUARTERLY |
Shr 37 cts vs eight cts Net 12.0 mln vs 5.1 mln Revs 280.1 mln vs 155.9 mln Backlog 625.7 mln vs 451.6 mln Reuter | GENERAL INSTRUMENT CORP <GRL> 1ST QTR MAY 31 |
Aca Joe Inc said Touche Ross and Co intends to qualify its report on Aca Joes year ended January 31 because of uncertainty about the companys ability as a going concern. The company which had previously projected substantial losses for fiscal 1987 said it now expects to report a loss from operations of about five mln d... | ACA JOE <ACAJ.O> ACCOUNTANT TO QUALIFY REPORT |
Cytogen Corp said shareholders at the annual meeting approved the authorization of 5400000 preferred shares and increased by 800000 shares the number of common shares that can be sold under its stock option plan. Reuter | CYTOGEN <CYTO.O> HOLDERS APPROVE PREFERRED STOCK |
Lead underwriters Kidder Peabody and Co Inc and Shearson Lehman Brothers Holdings Inc <SHE> said an initial public offering of two mln common shares of Multi-Local Media Corp is underway at 10.50 dlrs a share. Underwriters have been granted an overallotment option to purchase up to 300000 more shares it said. Reuter | MULTI-LOCAL MEDIA <MLMC.O> INITIAL OFFER STARTS |
Cominco Ltd said it plans to issue units in Canada containing common share purchase warrants indexed to zinc and copper prices. Each unit will consist of one deferred retractable redeemable share and one warrant which will be indexed to average market prices of zinc and copper on the exercise date. Issue size timing an... | COMINCO <CLT> PLANS CANADIAN STOCK ISSUE |
Inter-Regional Financial Group Inc said IFG Leasing Co a discontinued subsidiary will redeem effective August One the 4.0 mln dlr outstanding balance of its 11-1/2 pct subordinated notes due Aug 1 1988. It said it also will redeem effective September One the 3.5 mln dlr outstanding balance of its 13 pct junior subordin... | INTER-REGIONAL <IFG> UNIT TO REDEEM NOTES |
Environmental Power Corp said it has filed for an offering of two mln common shares through underwriters led by Drexel Burnham Lambert Inc. The company said it will use 400000 dlrs of the proceeds to pay part of the purchase price for Milesburg Energy Inc and the rest to repay up to one mln dlrs in short-term debt and ... | ENVIRONMENTAL POWER <POWR.O> TO OFFER SHARES |
BSD Medical Corp said it has received 1400000 dlrs of equity capital from the private sale of securities to two investment partnerships and director Alan L. Himber. Reuter | BSD MEDICAL <BSDM.O> SELLS SECURITIES PRIVATELY |
American Biomaterials Corp said it will issue one transferable right to each shareholder of record yesterday for each three shares held. It said each of the 2920280 rights allows the holder to buy one common share for three dlrs until July 15 expiration. The company said Hallwood Group Inc <HWG> has agreed to buy al... | AMERICAN BIOMATERIALS <ABCI.O> IN RIGHTS OFFER |
LINCOLN TELECOMMUNICATIONS RAISES DIVIDEND, VOTES TWO-FOR-ONE SPLIT | |
Dutch butter consumption rose at the expense of margarine last year partly because of the European Communitys (EC) cheap butter schemes the Commodity Board for Margarine Fats and Oils (MVO) said. Butter consumption rose to 4.1 kilos per head in 1986 from four kilos in 1985 while margarine consumption including low fat ... | DUTCH BUTTER CONSUMPTION UP, MARGARINE LOWER |
Mr. Rooter Corp said it rescinded a recent agreement calling for <United Western Energy Corp> to to buy a majority of Mr. Rooters stock for four dlrs a share. The company said it has also demanded repayment of a 150000 dlr loan made to United Western. Since announcing the agreements Mr. Rooter said it discovered add... | MR. ROOTER <ROOT.O> RESCINDS UNITED WESTERN PACT |
COMPUTER DEPOT SAID IT WILL CEASE OPERATIONS | |
Lincoln Telecommunications Co said its directors voted to increase the quarterly dividend to 58 cts a share from 55 cts payable July 10 record June 30. The company also said its board voted a two-for-one stock split to holders of record July 31. Lincoln Telecommunications said during the second quarter holders of 8.9 m... | LINCOLN TELECOM <LTEC.O> VOTES INCREASE, SPLIT |
Mthly div 16-1/2 cts vs 16-1/2 cts prior Pay Aug 15 Record June 30 NOTE: C.R.I. Insured Mortgage Investments LP. Reuter | C.R.I. INSURED MORTGAGE INVESTMENTS <CRM> PAYOUT |
Indonesia rejected World Bank recommendations for sweeping reforms to its farm economy as the countrys foreign aid donors met to consider giving it 2.5 billion dlrs in grants and soft loans. Agriculture Minister Achmad Affandi in written remarks distributed today as Indonesias 14 foreign donor nations met at The Hague ... | INDONESIA REJECTS WORLD BANK FARM REFORM IDEAS |
GILLETTE SAYS REVLON ASKED ITS BOARD TO CONSENT TO 40.50 DLRS PER SHARE OFFER | |
LIBERTY FINANCIAL SAYS IT AGREES TO BE ACQUIRED BY EQUIMARK FOR 48 DLRS PER SHARE | |
PRICE CO 3RD QTR SHR 30 CTS VS 24 CTS | |
Shr 30 cts vs 24 cts Net 14.7 mln vs 11.3 mln Sales 738.9 mln vs 605.1 mln Avg shrs 49.0 mln vs 47.9 mln Nine mths Shr 1.11 dlrs vs 93 ctsd Net 54.2 mln vs 42.9 mln Sales 2.45 billion vs 1.95 billion Avg shrs 48.9 mln vs 46.4 mln NOTE: Twelve- and 40-week periods. Reuter | PRICE CO <PCLB.O> 3RD QTR JUNE SEVEN NET |
Qtly div nine cts vs nine cts prior Pay July 31 Record June 30 Reuter | FIRSTCORP INC <FCR> SETS QUARTERLY |
Qtr ends May 31 Shr 20 cts vs eight cts Net 509043 dlrs vs 202473 dlrs Revs 2106462 dlrs vs 1158621 dlrs Nine mths Shr 58 cts vs 50 cts Net 1465271 dlrs vs 1240773 dlrs Revs 5854819 dlrs vs 4640687 dlrs Reuter | MEDCHEM PRODUCTS INC <MDCH.O> 3RD QTR NET |
Cedar Fair LP said its board declared an initial prorated quarterly dividend of 17 cts per share payable August 14 to holders of record June 30. The partnership said it expects distributions for the third and fourth quarters to meet the rate of 26-1/4 cts it had predicted previously. Reuter | CEDAR FAIR LP <FUN> SETS INITIAL DIVIDEND |
Computer Depot Inc said it will cease operations and liquidate its assets. The decision results from the termination of the companys line of credit by its asset-based lender and demand by the lender for immediate payment of all amounts due it said. Computer Depot said it will stop trading in its shares. Upon liquidatio... | COMPUTER DEPOT <CDPT.O> TO CEASE OPERATIONS |
Westcoast Transmission Co Ltd said it agreed to acquire the Western Canada oil and gas reserves and properties of AGIP Canada Ltd a subsidiary of AGIP SpA part of Italys ENI group for 54 mln Canadian dlrs. At the end of 1986 AGIP Canada reported proven and probable reserves of 4.2 mln barrels of crude oil and natural g... | WESTCOAST <WTC> TO ACQUIRE AGIP PROPERTIES |
Great Western Financial Corp said it is offering 2513200 common shares at a price of 20.625 dlrs per share. The company said the shares are being offered in connection with the conversion of SunPoint Savings Bank FSB of Lake Worth Fla to stock from mutual form and its simultaneous merger into Great Western Bank a feder... | GREAT WESTERN <GWF> OFFERS 2.5 MLN COMMON SHARES |
Chicago Mercantile Exchange floor traders and commission house representatives are guesstimating todays hog slaughter at about 262000 to 275000 head versus 278000 week ago and 277000 a year ago. Cattle slaughter is guesstimated at about 126000 to 130000 head versus 131000 week ago and 132000 a year ago. Reuter | HOG AND CATTLE SLAUGHTER GUESSTIMATES |
Lomas and Nettleton Financial Corp said it has agreed in principle to acquire Houston discount brokerage firm Texas First Brokerage Services Inc for undisclosed terms subject to regulatory approvals. It said completion is expected by July 31. Reuter | LOMAS AND NETTLETON <LNF> TO MAKE ACQUISITION |
SHELL CANADA RAISES CRUDE OIL POSTING 32 CANADIAN CTS/BBL | |
French operators did not request any export licences at todays European Community weekly cereal tender trade sources said. Reuter | NO FRENCH EXPORT REQUESTS FOR EC CEREAL TENDER |
BP Canada Inc 64 pct-owned by British Petroleum Co PLC said it and state-owned Petro-Canada were proceeding with Wolf Lake 2 the second phase of a bitumen-recovery project in Wolf Lake Alberta. The expansion with an estimated pre-start up cost of 200 mln dlrs will add 15000 barrels a day to current capacity of 8000 bar... | BP CANADA <BPC.TO> PROCEEDING WITH PROJECT |
Liberty Financial Group Inc the parent of Liberty Savings Bank said it has signed a definitive agreement to be acquired by Equimark Corp <EQK> the parent of Equibank for 48 dlrs a share of Liberty. The transaction is structured as a merger of Liberty with a duly-formed unit of Equimark the company said. Liberty shar... | LIBERTY FINANCIAL ANNOUNCES MERGER WITH EQUIMARK |
General Electric Co said it has received contracts worth 250 mln dlrs including options to supply its CF6-80C2 engines for the 747-400 and MD-11 airliners ordered from Boeing Co <BA> and McDonnell Douglas Corp <MD> respectively by Thai Airways International. The company said it also received a 16 mln dlr order fr... | GE <GE> GETS 250 MLN DLR ENGINE ORDER |
Gillette Co said Revlon Group made an unsolicited request asking the Gillette board to allow Revlon to make a cash offer for all Gillette shares of at least 40.50 dlrs per share. Gillette said consent for the bid is required under a standstill agreement between Revlon and Gillette before Revlon can make any move on Gil... | GILLETTE <GS> GETS OFFER FROM REVLON <REV> |
The national executive of Brazils most militant trade union group has proposed a general strike for July 15 in protest at the governments austerity program. A spokeswoman for the Workers Confederation (CUT) told Reuters the proposal would be discussed within the trade union movement. On Friday the government of Preside... | BRAZILIAN UNION PROPOSES GENERAL STRIKE |
The national executive of Brazils most militant trade union group has proposed a general strike for July 15 in protest at the governments austerity program. A spokeswoman for the Workers Confederation CUT told Reuters today that the proposal would be discussed within the trade union movement. On Friday the government o... | BRAZIL UNION PROPOSES GENERAL STRIKE FOR JULY 15 |
Becor Western Inc said it is talking with a possible fourth bidder for the company. The company also said Lynch Corp <LGL> has renewed its offer for Becor which was withdrawn last week. Talks with the possible bidder are expected to be concluded shortly Becor said adding its board will evaluate all then existing off... | BECOR WESTERN <BCW> TALKS TO FOURTH BIDDER |
U.S. PERSONAL INCOME ROSE 0.2 PCT IN MAY, SPENDING UP 0.1 PCT | |
U.S. personal income rose 0.2 pct or 7.9 billion dlrs in May to a seasonally adjusted annual rate of 3630.0 billion dlrs the Commerce Department said. The increase followed a revised 0.4 pct rise in April. The department previously estimated April income rose 0.3 pct. The department also revised up the March personal i... | U.S. PERSONAL INCOME ROSE 0.2 PCT IN MAY |
BELL AND HOWELL SAYS IT SEES EARNINGS PER SHARE GROWTH OF 12-15 PCT THROUGH 1990 | |
S.And W. Berisford Plc <BRFD.L> which has attracted takeover bids is making every possible effort to remain independent deputy chairman Henry Lewis said after the company announced interim results. Weve taken specific steps to strengthen ourselves for this purpose he added referring to management changes and a corpo... | S. AND W. BERISFORD WANTS TO STAY INDEPENDENT |
FED'S SEGER SAYS FOREIGN EXCHANGE MARKETS SHOWING SIGNS OF STABILITY | |
FED'S SEGER SAYS U.S. ECONOMIC RECOVERY SHOWS WEAKNESS | |
FED'S SEGER SAYS U.S. THRIFT INDUSTRY NEEDS STABLE INTEREST RATES | |
CANADA PANEL REJECTS HYDRO QUEBEC BID FOR 3 BILLION DLR NEW ENGLAND POWER SALE | |
Todays U.K. Economic data have pushed the chances of another base lending rate cut from the current nine pct further into the distance analysts said. A record fall in unemployment and good manufacturing production data showed that the economy is still strong and does not need a fillip from lower rates. News that underl... | U.K. DATA DEPRESS RATE CUT OUTLOOK - ANALYSTS |
CANADA PANEL REJECTS HYDRO QUEBEC BID FOR 3 BILLION DLR NEW ENGLAND POWER SALE | |
Federal Reserve Board Governor Martha Seger said there were signs of helpful stability in foreign exchange markets in recent weeks. I think we are beginning to see more calm in those markets Seger told reporters after a speech to the U.S. League of Savings Institutions. I think it is very healthy when you can get into ... | FED GOVERNOR SEGER SEES CURRENCY STABILITY |
GM LAYING OFF 850 HOURLY WORKERS TO CUT OUTPUT AT JANESVILLE AND LORDSTOWN PLANTS | |
U.S. exporters will be able to sell 8000 head of dairy cattle to Indonesia and 5000 head to Turkey under the Export Enhancement Program the U.S. Agriculture Department said. The export sales will be subsidized with commodities from the inventory of the Commodity Credit Corporation (CCC) the department said. Indonesia a... | INDONESIA/TURKEY ELIGIBLE FOR CATTLE UNDER EEP |
The coupon on the 80 mln ECU five year equity warrant eurobond for Japans Wacoal Corp has been fixed at the indicated 1-1/2 pct bookrunner Banque Paribas Capital Markets said. The exercise price was set at 1323 yen per share representing a premium of 2.56 pct over todays closing price of 1290 yen. The foreign exchange ... | COUPON FIXED AS INDICATED ON WACOAL WARRANT BOND |
IMPERIAL OIL RAISES CRUDE OIL POSTINGS 32 CANADIAN CTS/BBL, LIGHT SWEET NOW 25.60 | |
Bell and Howell Co in remarks prepared for delivery to the New York Society of Security Analysts said it expects per-share earnings to grow in the 12-to-15 pct range in the next three to four years. President Gerald Schultz said the growth is without stock buybacks and tax law changes. He said the gain is expected off ... | BELL AND HOWELL <BHW> SEES EARNINGS GROWTH |
PHILLIPS RAISES CRUDE OIL POSTED PRICES 50 CTS/BBL EFFECTIVE YESTERDAY, WTI NOW 19 DLRS. | |
Aid donors to Indonesia pledged a total of 3.15 billion dlrs in fresh funds to Jakarta a statement issued after a two day meeting of the Inter Governmental Group on Indonesia (IGGI) said. This compares with 2.6 billion dlrs allocated at last years meeting the statement said. It is also well above the World Banks recomm... | DONORS PLEDGE 3.15 BILLION DLRS INDONESIAN AID |
USAir Group Inc said the U.S. Department of Transportations Office of Public Counsel has urged that expedited non-hearing procedures be used in its proposed acquisition of Piedmont Aviation Inc <PIE>. The company said that America West Airlines Inc <AWAL.O> was the only party voicing opposition to the acquisition... | USAIR <U> SAYS DOT PUBLIC COUNSEL BACKS MERGER |
New York Federal Reserve President E. Gerald Corrigan said he favors bank reform but wants to maintain the separation of banking and commerce. As I see it the case for fundamental reform in our banking and financial system is compelling Corrigan told the Senate Banking Committee. Corrigan said he believed bank reform s... | N.Y. FED PRESIDENT URGES BANK REFORM |
Systems and Computer Technology Corp said it has received 4879000 dlrs from its former directors and officers liability insurance carrier in settlement of its claims for reimbursement of costs it incurred in connection with a class action and other suits filed against it from late 1984 through 1986. The company said th... | SYSTEMS/COMPUTER <SCTC.O> IN SETTLEMENT |
Federated Department Stores Incs Foleys unit said it will consolidate Dallas Distribution Center operations reducing the number of buildings to one from three and cutting staff to 125 from 300. The company said most of the hourly employees affected by the staff reduction will be offered comparable jobs at its Houston d... | FEDERATED DEPARTMENT <FDS> UNIT CUTTING STAFF |
Freedom Federal Savings Bank said it hired Salomon Brothers Inc to solicit offers for the purchase of the bank as part of an ongoing review of methods to enhance shareholder value. Freedom Federal operates 15 retail branch banks and had 1986 year end assets of about 733 mln dlrs. There is no assurance the bank will rec... | FREEDOM FEDERAL <FRFE.O> SEEKS BUYER |
Conseco Industries Ltd said an order of confirmation of its reorganization plan has been signed in its Chapter 11 bankruptcy proceedings terminating its status as a debtor in possession. Conseco said under the plan general creditors and debenture holders will receive 27 pct of their claims over a two-year period and pr... | CONSECO <CNSC.O> EMERGES FROM BANKRUPTCY |
Atlantic Richfield Co considering a spin-off of a 20 pct interest in its chemical operations could gain about 500 mln dlrs from the deal industry analysts estimated. Yesterday ARCOs stock jumped as much as five points on rumors it was spinning off the chemical operations. Based on about 183 mln outstanding shares the m... | ARCO <ARC> SPIN-OFF SEEN AT 500 MLN DLRS |
Shell Canada <SHC> whose majority interest is owned by the Royal Dutch/Shell Group of companies raised the postings of light sweet and sour crude oil from Edmonton/Swann Hills 32 Canadian cts a barrel effective today. The new price for light sweet crude oil is 25.60 Canadian dlrs a barrel while the new price for lig... | SHELL CANADA <SHC> RAISES CRUDE 32 CTS CANADIAN |
ICCO BUFFER STOCK MANAGER BUYS 2,000 TONNES - OFFICIAL | |
Energy Conversion Devices Inc said its scientists have achieved superconductivity at a temperature of 90 degrees Fahrenheit. The company said the general composition of the fluorinated multi-phase superconducting material involved is yttrium barium copper fluorine and oxygen. Reuter | ENERGY CONVERSION <ENER.O> IN SUPERCONDUCTIVITY |
UNION PACIFIC RAISES CRUDE OIL POSTINGS 50 CTS A BBL, EFFECTIVE YESTERDAY, WTI TO 19 DLRS. | |
Qtly div 21-1/2 cts vs 21-1/2 cts prior Pay Aug Three Reord July Seven Reuter | UNITED JERSEY BANKS INC <UJB> SETS QUARTERLY |
Qtly div 15 cts vs 15 cts prior Pay July 15 Reord June 30 Reuter | WESTERN FEDERAL SAVINGS BANK <WFPR> SETS PAYOUT |
Regulations governing hedging and risk management should be revised and development of new futures instruments cautiously monitored in dealing with the growth of off-exchange futures instruments Robert Davis a commissioner on the Commodity Futures Trading Commission CFTC said. Davis told the Chicago chapter of the Futu... | CFTC'S DAVIS URGES CAUTION ON OFF-EXCHANGE ISSUE |
Olsten Corp <OLS> said it has begun an offer to exchange on a share-for-share basis shares of newly authorized Class B common shares for existing common stock. The company said the new Class B will contain limited dividend rights and have 10 votes rather than one vote per share for the common stock. It also said the... | OLSTEN CORP <OLS> MAKES EXCHANGE OFFER FOR STOCK |
General Motors Corp said it will permanently lay off 850 hourly workers in August at its car assembly plants in Janesville Wisc and Lordstown Ohio due to production cutbacks in the slow-selling cars built at both facilities. GM the largest U.S. automaker but suffering from lower sales for months said 350 of the 3800 wo... | GM <GM> LAYING OFF 850 WORKERS AT TWO PLANTS |
Canadian Imperial Oil 70 pct Exxon owned said it raised its posting for light sweet crude oil at Edmonton by 32 canadian cts a barrel effective today. The company said its new posting for light sweet crude oil at Edmonton is 25.60 canadian dlrs a barrel. Reuter | IMPERIAL OIL <IMO.A> RAISES CRUDE 32 CANADIAN CTS |
Shr 17 cts vs 20 cts Net 3121000 vs 3624000 Revs 60.2 mln vs 59.0 mln Avg shrs 18.3 mln vs 18.2 mln Six mths Shr 40 cts vs 48 cts Net 7429000 vs 8743000 Revs 124.7 mln vs 126.1 mln Avg shrs 18.3 mln vs 18.1 mln Reuter | TULTEX CORP <TTX> 2ND QTR MAY 30 NET |
Dutch consumers and food processors would be hit hard by the proposed EC tax on oils and fats Dick de Bruyn chairman of the commodity board for margarine fats and oils MVO said at the annual meeting. The Dutch are the second largest consumers of margarine and fourth largest consumers of vegetable oils in the EC. The fi... | DUTCH CONSUMERS/INDUSTRY SEE VEG OILS TAX THREAT |
DIAMOND SHAMROCK RAISES CRUDE OIL POSTED PRICES 50 CTS A BBL, EFFECTIVE YESTERDAY, WTI TO 19 DLRS. | |
Nabisco Brands Ltd 80 pct-owned by RJR Nabisco Inc <RJR> said it named president R. Edward Glover as chief executive replacing J.R. MacDonald who remains as vice-chairman and chairman of the executive committee effective immediately. Glover has been president and chief operating officer since April 1986 Nabisco said... | NABISCO BRANDS LTD <NAB.TO> NAMES NEW CEO |
Period ended April 30 Shr not given Net 2600000 vs 1600000 Revs 18.1 mln vs 15.1 mln SIX MTHS Shr 21 cts vs 42 cts Net 3800000 vs 5500000 Revs 32.9 mln vs 35.8 mln Reuter | POCO PETROLEUMS LTD <POC.TO> 2ND QTR NET |
COASTAL RAISES CRUDE OIL POSTINGS 50 CTS/BBL YESTERDAY, WTI TO 19 DLRS | |
SOUTHLAND CORP RAISED CRUDE OIL POSTINGS 50 CTS/BBL, WTI NOW 19 DLRS/BBL | |
MURPHY RAISES CRUDE OIL POSTINGS 50 CTS A BBL YESTERDAY, WTI TO 19 DLRS | |
PERMIAN RAISES CRUDE OIL POSTINGS 50 CTS A BBL, WTI TO 19 DLRS | |
Qtr ends march 28 Shr loss 1.46 dlrs vs loss 49 cts Net loss 2919000 dlrs vs loss 892000 dlrs Revs 10.3 mln vs 11.5 mln Avg shrs 2000000 vs 1836000 NOTE: full name of company is robert bruce industries Inc. Reuter | ROBERT BRUCE INDUSTRIES <BRUCA.O> 1ST QTR LOSS |
French media and publishing group Hachette <HACP.PA> expects a record 15 pct rise in its profits this year Hachette chairman Jean-Luc Lagardere said. Lagardere told a news conference that Hachettes profits last year were 565.4 mln francs against 431.7 mln in 1985. He said that Hachette was carrying out feasibility s... | HACHETTE SEES SHARP PROFIT INCREASE IN 1987 |
VMS Hotel Investment Trust said it committed to fund a 1029600 dlr short-term loan increase for capital improvements in the Omni Park Central Hotel in New York. The secured loan will increase a previously announced commitment to 5154600 dlrs from 4125000 dlrs. The total loan will have a term of one year with an option ... | VMS HOTEL <VHT> INCREASES LOAN TO HOTEL |
The World Bank is issuing a 100 mln ECU eurobond due July 21 1994 paying 7-1/2 pct and priced at 101-1/2 pct lead manager Morgan Guaranty Ltd said. The non-callable bond is available in denominations of 1000 and 50000 ECUs and will be listed in Luxembourg. The selling concession is 1-1/4 pct while management and underw... | WORLD BANK ISSUES 100 MLN ECU EUROBOND |
The French agency for international marketing of videotex <Intelmatique> said it plans to bring the Minitel network to the U.S. in cooperation with Infonet an international network service of Computer Sciences Corp <CSC>. Minitel which now offers Gannett Co Incs <GCI> USA Today and the <British Broadcasting... | FRANCE VIDEOTEX SERVICE IN PACT WITH U.S. UNIT |
Oper shr loss 19 cts vs loss 38 cts Oper net loss 239000 dlrs vs loss 476000 dlrs Revs 16.0 mln vs 14.6 mln Reuter | EVERGOOD PRODUCTS CORP <EVGD.O> 1986 YEAR LOSS |
Global Yield Fund in a review of its dividend policy told shareholders that under the Internal Revenue Code of 1986 the fund must distribute substantially all of its net income by the end of each year. Under the new tax law the company said annual net income includes net investment income from interest less expenses pl... | GLOBAL YIELD FUND <PGY> REVIEWS DIVIDEND POLICY |
Wells-Gardner Electronics Corp said it was awarded a five-year contract to supply touch panel monitors to Matrox Electronics Systems Ltd Dorval Quebec Canada. The company said the contract is expected to generate total revenues of about five mln dlrs. It said the monitors will be part of a videodisc system for the U.S.... | WELLS-GARDNER <WGA> AWARDED CONTRACT |
(Instant Medical Test Inc) said it opened five health testing booths inside the stores of Osco Drug Co a unit of American Stores Inc <ASC>. The company said the booths include a full range of medical testing equipment and certified medical technicians who take blood samples to test for 55 major health risks. Reuter | (INSTANT MEDICAL) OPENS HEALTH TEST BOOTHS |
The United States responding to the kidnapping of American journalist Charles Glass today insisted it would not yield to terrorist blackmail. While much remains unclear we assume this is another terrorist attempt to manipulate the United States through our concern for our citizens the State Department said in a stateme... | U.S. SAYS IT WON'T YIELD IN JOURNALIST'S KIDNAPPING |
Shr primary 66 cts vs 1.17 dlrs Shr diluted 66 cts vs 81 cts Net 1220691 vs 1302999 Revs 13.7 mln vs 13.1 mln Avg shrs primary 1859421 vs 1112400 Avg shrs diluted 1859421 vs 1826303 NOTE: Latest net includes tax credits of 565000 dlrs vs 620000 dlrs. Reuter | CALSTAR INC <CSAR.O> YEAR APRIL 30 NET |
Oper shr nil vs profit one ct Oper net profit 14000 vs profit 51000 Revs 5547000 vs 6021000 Six mths Oper shr loss nine cts vs profit seven cts Oper net loss 383000 vs profit 314000 dlrs Revs 931000 dlrs vs 12.5 mln NOTE: 1986 qtr and six mths excludes loss 171000 dlrs and 358000 dlrs respectively for loss from discont... | MICRODYNE CORP <MCDY.O> 2ND QTR MAY THREE NET |
Commonwealth Savings and Loan Association said Michael McCarthy its president and chief operating officer resigned. The company said Barry Chapnick chairman and chief executive offcer will resume the responsibilities of the presidents post. Reuter | COMMONWEALTH <COMW.O> PRESIDENT RESIGNS |
Shr 23 cts vs 14 cts Net 611000 vs 511000 Revs 10.1 mln vs 4380000 NOTE: Latest year includes three cent per share loss from discontinued operations while prev year includes seven cent per share tax credit. Reuter | MAJOR VIDEO CORP <MAJV.O> YEAR APRIL 30 NET |
Quixote Corp said its Ocean Scientific Inc subsidiary and the Columbus Ohio division of Battelle Memorial Institute signed a joint marketing agreement under which the organizations may provide joint services for specific research and development programs for healthcare and instrumentation. The agreement will allow Ocea... | QUIXOTE <QUIX.O> UNIT, BATTELLE FORM AGREEMENT |
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