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Shr 67 cts vs 65 cts Net 18.9 mln vs 18.6 mln Revs 399.0 mln vs 391 mln Nine mths Shr 1.70 dlrs vs 1.98 dlrs Net 48.2 mln vs 56.9 mln Revs 1.18 billion vs 1.2 billion Reuter | GENERAL SIGNAL CORP <GSX> 3RD QTR NET |
Domtar Inc said it is withdrawing a previously-announced issue of five mln common shares due to unfavourable conditions in the financial markets. Domtar said its capital expenditure program will not be affected by the issues withdrawal as other sources of financing are currently available. Underwriters were Nesbitt Tho... | DOMTAR <DTC> WITHDRAWS STOCK OFFERING |
Sears Roebuck and Co said it remains optimistic about the fourth quarter and year ahead. The company said it expects gains in disposable personal income to accelerate in the quarter with general merchandise industry sales increasing about 5.0 pct with nondurables registering a larger gain than durables. For the third q... | SEARS <S> OPTIMISTIC OVER 4TH QUARTER |
Shr profit 47 cts vs profit 1.78 dlrs Net profit 16 mln vs profit 53 mln Avg shrs 27.7 mln vs 27.4 mln Nine mths Shr loss 22.51 dlrs vs profit 5.78 dlrs Net loss 610 mln vs profit 168 mln Avg shrs 217.6 mln vs 27.3 mln Assets 33.14 billion vs 33.89 billion Deposits 22.01 billion vs 19.86 billion Loans 21.76 billion vs ... | MELLON BANK CORP <MEL> 3RD QTR NET |
DOMINION RESOURCES INC 3RD QTR SHR 1.52 DLRS VS 1.37 DLRS | |
Shr 28 cts vs 14 cts Net 3110000 vs 1286000 Sales 112.7 mln vs 93.8 mln Avg shrs 11.2 mln vs 9.1 mln Nine Mths Shr 58 cts vs 15 cts Net 6377000 vs 1332000 Sales 307.8 mln vs 233.8 mln Avg shrs 10.9 mln vs 9.1 mln NOTE: Effective September 25 1987 Primerica Corp <PA> owned 81.4 pct of Musiclands common shares. Reuter | MUSICLAND GROUP INC <TMG> 3RD QTR NET SEPT 25 |
COMMODORE INTERNATIONAL LTD SAID ITS MAJOR CREDIT FACILITIES HAVE BEEN RESTORED | |
President Reagan sent the five-year International Natural Rubber Agreement to the Senate for approval. Reagan said the accord is designed to stabilize rubber prices without disturbing long-term market trends and to foster expanded natural rubber supplies at reasonable prices. It continues a buffer stock of not more tha... | REAGAN SENDS INT'L RUBBER AGREEMENT TO SENATE |
The Soviets have not indicated an urgent need for a U.S. wheat subsidy offer and it is unlikely that such an offer will be ma during the U.S./Soviet summit expected to be held next month Agriculture Secretary Richard Lyng told Reuters. In an exclusive interview with Reuters Lyng said he did not know if the United State... | NO PRESSING NEED FOR SOVIET WHEAT SUBSIDY - LYNG |
The United States and India have not yet agreed on a food aid package to help the drought-stricken Asian country Agriculture Secretary Richard Lyng said. Lyng told Reuters in an interview that the two countries have been discussing a package but that he did not expect the specifics of the offer to be announced during I... | LYNG SAYS INDIA FOOD AID PACKAGE NOT READY |
Shr 95 cts vs 87 cts Net 51.6 mln vs 47.3 mln Revs 1.39 billion vs 1.26 billion Nine mths Shr 2.27 dlrs vs 1.93 dlrs Net 123.5 mln vs 104.6 mln Revs 3.92 billion vs 3.53 billion Reuter | MELVILLE CORP <MES> 3RD QTR NET |
ended sept 30 Shr 22 cts vs 18 cts Net 4127000 vs 3177000 Sales 70.2 mln vs 48.6 mln NOTE: Share adjusted for July 1987 two-for-one stock split. Reuter | BOLT BERANEK AND NEWMAN INC <BBN> 1ST QTR NET |
Shr 1.52 dlrs vs 1.37 dlrs Net 144.5 mln vs 127.3 mln Revs 909.8 mln vs 824.7 mln Avg shrs 95.1 mln vs 92.9 mln 12 mths Shr 4.62 dlrs vs 4.05 dlrs Net 435.9 mln vs 372.1 mln Revs 3.28 billion vs 2.94 billion Avg shrs 94.3 mln vs 91.8 mln Reuter | DOMINION RESOURCES INC <D> 3RD QTR NET |
Southwest Airlines Co said it intends to repurchase up to 500000 common shares in the open market from time to time. The company also said it is expanding its air freight service to Dallas Amarillo Houston Austin Lubbock San Antonio and Midland/Odessa Texas and San Francisco. Reuter | SOUTHWEST AIRLINES <LUV> TO REPURCHASE SHARES |
Oper shr 30 cts vs 26 cts Oper net 2360000 vs 2018000 Revs 74.4 mln vs 70.1 mln Nine mths Oper shr 92 cts vs 92 cts Oper net 7101000 vs 7116000 Revs 218.8 mln vs 209.2 mln NOTE: Earnings exclude a gain from utilization of tax loss carryforwards of 978000 dlrs or 13 cts a share vs a loss of 4967000 dlrs or 66 cts a shar... | INTER-REGIONAL FINANCIAL<IFG> 3RD QTR OPER NET |
An E.F. Hutton Group Inc spokesman said he stuck by a statement made yesterday that the firm was not having liquidity problems. The statement was made by Hutton Chief Financial Officer Edward Lill. Sources at Hutton said senior management was meeting and that a statement would be made to employees when the meeting ende... | HUTTON <EFH> REITERATES STATEMENT OF SOLVENCY |
Indications are that USDA accepted Algerias bid for 75000 tonnes of hard red winter wheat but rejected bids for the remaining 225000 tonnes under its export bonus tender U.S. exporters said. USDA accepted Algerias bid of 94.00 dlrs per tonne c and f for 50000 tonnes for Nov 10-25 shipment and 25000 for Nov 20-Dec 10 th... | ALGERIA BUYS 75,000 TONNES EEP WHEAT - TRADE |
UNITED TELECOMMUNICATIONS INC 3RD QTR SHR 23 CTS VS 49 CTS | |
Shr 86 cts vs 96 cts Net 297 mln vs 325 mln Revs 2.95 billion vs 2.86 billion Nine mths Shr 2.30 dlrs vs 2.74 dlrs Net 785 mln vs 916 mln Revs 11.3 billion vs 11.1 billion NOTE: 1986 share results restated for 3-for-2 stock split in January 1987 1987 net in both periods includes business repositioning gains of 16 mln d... | GTE CORP <GTE> 3RD QTR NET |
Qtly div 24 cts vs 24 cts prior Pay November 10 Record October 30 Reuter | CITIZENS BANKING CORP <CBCF.O> REG QTLY DIV |
The Swiss governments proposed 1988 budget projects a 1.3 billion franc surplus the Finance Ministry announced. Income is expected to rise 11.6 mln francs to 27.22 billion while expenditure is seen increasing 7.1 mln to 25.95 billion next year. After internal transfers net income was planned to total 637 mln francs. Th... | SWISS 1988 BUDGET HAS 1.3 BILLION FRANC SURPLUS |
LOUISIANA-PACIFIC CORP 3RD QTR SHR 1.11 DLRS VS 59 CTS | |
The plunge in stock market prices should have its biggest impact on the middle range of the car market but have less impact on cheap cars as well as luxury vehicles the president of <Saab-Scania of America Inc> said. Robert Sinclair head of the U.S. subsidiary of Saab-Scania AB <SABS.ST> of Sweden told reporters ... | SAAB U.S. UNIT SEES LIMITED IMPACT ON ITS CARS |
BRISTOL-MYERS CO 3RD QTR SHR 70 CTS VS 61 CTS | |
South African year-on-year consumer price inflation in September fell to 15.5 pct from 16.3 pct in August Central Statistics Office figures show. The monthly rise in the all items index (base 1980) was 1.3 pct to 273.4 in September after edging up to 270.0 in August. A year ago the index stood at 236.7 and year-on-year... | S. AFRICAN CONSUMER INFLATION FALLS IN SEPTEMBER |
 SHULTZ SAYS U.S. ECONOMY IS STRONG LONDON Oct 20 - U.S. Secretary of State George Shultz after discussing Mondays record selling spree on the worlds stock markets with British Foreign Secretary Sir Geoffrey Howe said the American economy is in very strong shape. Shultz a former economics professor and former Treas... | |
Shr 1.46 dlrs vs 1.41 dlrs Net 277.5 mln vs 268.3 mln dlrs Revs 2.13 billion vs 2.14 billion Nine Mths Shr 3.95 dlrs vs 3.78 dlrs Net 750.5 mln vs 718.4 mln Revs 6.28 billion vs 6.22 billion Reuter | U S WEST <USW> 3RD QTR NET |
Mexico has decided to close its border to imports of fresh fruit from San Diego and Orange Counties in California the U.S. Agriculture Departments officer in Mexico City said in a field report. The report dated October 14 said the border closing became effective September 25 and also includes the surrounding 70-mile ar... | MEXICO CLOSES BORDER TO SOME U.S. FRUIT |
Shr 44 cts vs 1.23 dlrs Net 2889010 vs 8105462 Sales 105.8 mln vs 119.6 mln Reuter | KELSEY-HAYES CANADA LTD <KEL.TO> NINE MTHS NET |
Shr 30 cts vs 31 cts Net 11.3 mln vs 11.7 mln Revs 26.5 mln vs 26.3 mln Nine mths Shr 92 cts vs 95 cts Net 34.3 mln vs 35.5 mln Revs 78.8 mln vs 78.2 mln Reuter | ROCKEFELLER CENTER PROPERTIES INC <RCP> 3RD QTR |
Manor Care Inc said it has raised its share repurchase program to include four mln additional shares raising the total number under the program to five mln. It said it h already repurchased the first one mln shares outhorized. Manor Care now has about 40 mln shares outstanding. Reuter | MANOR CARE <MNR> RAISES SHARE REPURCHASE |
BANKERS TRUST NEW YORK CORP 3RD QTR SHR 2.03 DLRS VS 1.53 DLRS | |
Shr 34 cts vs 33 cts Net 1031000 vs 972000 Revs 27.9 mln vs 26.9 mln Nine mths Shr 93 cts vs 76 cts Net 2802000 vs 2267000 Revs 86.1 mln vs 77.7 mln NOTE: 1987 3rd qtr and nine mths revs includes sales to ADT Inc of 3.0 mln dlrs and 10.9 mln dlrs. 1986 3rd qtr and nine mths includes sales of 3.5 mln dlrs and 10.7 mln d... | ARITECH CORP <ARIT.O> 3RD QTR OCT TWO |
Shr 50 cts Net 2751000 vs 2094000 Nine mths Net 6993000 vs 5577000 Assets 603.1 mln vs 504.3 mln Loans 448.5 mln vs 358.1 mln Deposits 467.9 mln vs 447.7 mln NOTE: Per share figures for 1986 and 1987 nine mths not available as bank converted to stock form of company in April 1987. Reuter | SOUTHOLD SAVINGS BANK <SDSB.O> 3RD QTR NET |
Shr 78 cts vs 61 cts Net 4774000 vs 3683000 Nine mths Shr 2.14 dlrs vs 1.77 dlrs Net 13.1 mln vs 10.7 mln Reuter | CONSTELLATION BANCORP <CSTL.O> 3RD QTR NET |
Sri Lanka has postponed until November its tender for 75000 tonnes of wheat under the export bonus program originally scheduled for today U.S. exporters said. Reuter | SRI LANKA POSTPONES EEP WHEAT TENDER - TRADE |
U.S. And West German reaffirmation of support for the Louvre Accord cannot cure the fundamental problems bedevilling the world economy which lie behind the current collapse in stock markets London economists said. Theres going to have to be some acknowledgement that the dollar is going to be allowed to slip said Richar... | LOUVRE REAFFIRMATION NOT ENOUGH - U.K. ANALYSTS |
CANADIAN MINISTER SAYS G-7 HAD NUMBER OF TALKS ON PROVIDING LIQUIDITY | |
Two large container cranes donated by the Danish International Development Agency (DANIDA) have arrived in Dar es Salaam where they will help to increase the ports cargo handling capacity port officials said. The two new container cranes join one Danish container crane already installed in the port which is an importan... | NEW CONTAINER CRANES ARRIVE AT TANZANIA PORT |
An unexpectedly heavy 4.4 billion stg surge in U.K. September sterling bank lending is unlikely to nudge the Bank of England towards tightening monetary policy as long as sterling remains in its present robust state economists said. An acute crisis of confidence in equity markets over the past two days will in any case... | U.K. CREDIT POLICY SEEN STEADY, DESPITE BANK DATA |
The Federal Reserve is expected to enter the government securities market to add reserves via customer repurchase agreements economists said. They expected the amount to total around 1.5 billion to two billion dlrs. Economists added that the low rate on federal funds indicates the Fed is unlikely to add funds agressive... | FED EXPECTED TO ADD RESERVES VIA CUSTOMER RPS |
Taiwans foreign exchange reserves bouyed by rising exports have hit a record high and are likely to soar to 72 billion U.S. Dlrs by the year end central bank officials said Tuesday. Central Bank Governor Chang Chi-cheng told reporters the reserves totalled about 69 billion U.S. Dlrs compared with about 42 billion at th... | TAIWAN FOREIGN EXCHANGE RESERVES HIT RECORD HIGH |
Bank of France says it leaves intervention rate unchanged at 7-1/2 pct | |
Shr 1.11 dlrs vs 59 cts Net 42.6 mln vs 22.2 mln Sales 531.8 mln vs 407.4 mln Nine mths Shr 2.45 dlrs vs 1.27 dlrs Net 93.7 mln vs 48.1 mln Sales 1.44 billion vs 1.12 billion Reuter | LOUISIANA-PACIFIC CORP <LPX> 3RD QTR NET |
Scrap crepe prices firmed on good shortcovering demand at the Colombo rubber auction brokers said. One-X brown was traded at 19.75 rupees per kg up 15 cents from last rates while other grades also showed improvements. The rise was attributed to a shortage of rubber available to manufacture this type. Latex crepe prices... | SCRAP CREPE RUBBER PRICES FIRAT COLOMBO AUCTION |
Commodore International Ltd said it agreed with its major lending banks to renew the companys credit agreement of about 79 mln dlrs. In fiscal 1987 ended June 30 Commodore said it repaid about 68 mln dlrs to this lending group. Commodore said the renewal of the companys major bank facilities together with the 60 mln dl... | COMMODORE <CBU> RENEWS MAJOR CREDIT FACILITIES. |
Shr 64 cts vs 40 cts Net 14.9 mln vs 8600000 Revs 468.5 mln vs 411.7 mln Nine mths Shr 2.64 dlrs vs 2.96 dlrs Net 61.6 mln vs 67.0 mln Revs 1.43 billion vs 1.32 billion Reuter | OLIN CORP <OLN> 3RD QTR NET |
Norways September oil output rose by 22.2 pct to 1.07 mln barrels per day (bpd) from 830492 bpd in August according to a Reuter survey of firms operating here. Operators said the sharp rise reflected higher output at several of Norways biggest fields and resumed production at fields shut down for 27 days in August for ... | NORWAY BOOSTS OIL OUTPUT BY 22 PCT IN SEPTEMBER |
COCA-COLA ENTERPRISES INC 3RD QTR SHR 23 CTS VS 23 CTS | |
Pirelli Spa <PIRI.MI> said its full-year results for 1987 would depend on the world economic situation now clouded by the possibility of a recession. It said strong demand in the cable and tire sectors contributed to improved sales and profits in the first six months of 1987. The group said in a statement that the c... | PIRELLI SAYS YEAR RESULT CLOUDED BY WORLD OUTLOOK |
Shr 70 cts vs 61 cts Net 200.2 mln vs 173.9 mln Sales 1.38 billion vs 1.26 billion Nine mths Shr 1.87 dlrs vs 1.54 dlrs Net 535.6 mln vs 437.8 mln Sales 4.04 billion vs 3.63 billion NOTE: Share adjusted for two-for-one stock split. Reuter | BRISTOL-MYERS CO <BMY> 3RD QTR NET |
Shr 14 cts vs 15 cts Net 867000 vs 956000 Revs 9203000 vs 5304000 Six mths Shr 18 cts vs 34 cts Net 1111000 vs 1747000 Revs 16.7 mln vs 10.4 mln NOTE: 1987 2nd qtr and six mths net includes 279000 dlrs and 432000 dlrs for tax credits. 1986 2nd qtr and six mths net includes 361000 dlrs and 1747000 dlrs for tax credits. ... | XYVISION INC <XYVI.O> 2ND QTR SEPTEMBER 26 |
FIRST REPUBLIC BANK DALLAS CUTS PRIME RATE TO 9.25 PCT FROM 9.75 PCT, EFFECTIVE TODAY | |
Mellon Bank Corp said a number of actions taken in the third quarter including an eight pct reduction in its staff are expected to improve its earnings potential. The company which had posted a net loss of 626 mln dlrs in the first six months of the year today reported earnings of 16 mln dlrs or 47 cts per share compar... | MELLON <MEL> EXPECTS EARNINGS POWER TO IMPROVE |
MANUFACTURERS HANOVER CORP 3RD QTR SHR 2.73 DLRS VS 2.29 DLRS | |
Shr 30 cts vs 12 cts Net 3059000 vs 1258000 Revs 36.2 mln vs 29.1 mln Nine mths Shr 67 cts vs 24 cts Net 6855000 vs 2442000 Revs 100.9 mln vs 77.8 mln Reuter | PERKINS FAMILY RESTAURANTS LP <PFR> 3RD QTR |
Shr 35 cts vs 30 cts Net 3997000 vs 3442000 Nine mths Shr 1.04 dlrs vs not given Net 12.0 mln vs 8161000 NOTE: Company went public in July 1986. Net includes loan loss provisions of 500000 dlrs vs 105000 dlrs in quarter and 1100000 dlrs vs 105000 dlrs in nine mths. Net includes pretax gains on sale of assets of 162000 ... | FIRST AMERICAN BANK FOR SAVINGS <FAMB.O> 3RD QTR |
E.F. HUTTON GROUP 3RD QTR SHR 26 CTS VS 11 CTS | |
NYSE ASKS MEMBERS TO REFRAIN FROM USING ORDER SYSTEM FOR PROGRAM TRADING | |
Canadian Finance Minister Michael Wilson says the leading industrial nations have held a number of discussions on providing liquidity to the financial system after Mondays record stock market decline. There have been a number of discussions between G-7 participants (Canada the United States Japan Britain West Germany F... | CANADA'S WILSON SAYS G-7 DISCUSSED LIQUIDITY |
Assets of Offshore Banking Units (OBUs) in Bahrain rose 11 pct in the second quarter of 1987 to reach the highest level since early 1985 Bahrain Monetary Agency (BMA) figures show. The BMAs quarterly statistical bulletin gave no reason for the sharp rise but economists said banks appeared to be staying liquid because o... | BAHRAIN OFFSHORE BANKING ASSETS RISE IN 2ND QTR |
Shr diluted 31 cts vs 60 cts Net 3276776 vs 6846367 Revs 187.7 mln vs 181.3 mln Nine mths Shr diluted 52 cts vs 1.51 dlrs Net 5301876 vs 16.4 mln Revs 535.7 mln vs 513.0 mln Reuter | ARKANSAS BEST CORP <ABZ> 3RD QTR NET |
Tribune Co said a pre-tax charge of 16.7 mln dlrs or 11 cts a share in employee severance costs at the New York Daily News led to a 73 pct decline in the companys 1987 third-quarter earnings. Tribune reported net income of 33085000 dlrs or 42 cts a share down from 123450000 dlrs or 1.53 dlrs in the 1986 third quarter. ... | TRIBUNE <TRB> SAYS LAYOFF COSTS HURT EARNINGS |
Shr 3.71 dlrs vs 95 cts Net 233.8 mln vs 62.8 mln Revs 997.8 mln vs 938.0 mln Nine mths Shr 5.06 dlrs vs 2.24 dlrs Net 327.2 mln vs 148.0 mln Revs 3.00 billion vs 2.70 billion NOTE: Realized investment gains net of taxes for 1987 3rd qtr and nine mths were 147.0 mln dlrs and 271.0 mln dlrs respectively. Realized invest... | FIREMAN'S FUND CORP <FFC> 3RD QTR NET |
Switzerland will use most of its budget surplus projected for 1988 to redeem its debt the Finance Ministry said. The governments plan calls for income to exceed expenditure by 1.3 billion Swiss francs next year. After internal transfers net income was seen reaching 637 mln francs. The ministry said in a press release t... | SWISS PLAN TO USE BUDGET SURPLUS TO REDEEM DEBT |
Salomon Inc said it offered to clear transactions faster than normal for its mutual fund clients. Robert Salomon managing director in response to a question would not say whether the firm has committed to lend capital to mutal funds as has Goldman Sachs and Co. Goldman said it would lend up to one billion dlrs to mutua... | SALOMON <SB> OFFERS FASTER MUTUAL FUND CLEARING |
The New York Stock Exchange said it has asked members and member firms to refrain from using the NYSE order delivery system for purposes of executing index arbitrage related transactions or any other aspect of program trading after todays opening. The request came in a letter issued by the NYSE earlier this morning. Th... | NYSE ASKS FOR NO PROGRAMS ON DELIVERY SYSTEM |
BALLADUR HAS HAD CONTACT WITH G7 MINISTERS, INC STOLTENBERG -MINISTRY SOURCES | |
Shr 26 cts vs 11 cts Net 8700000 vs 3600000 Revs 988.9 mln vs 674.5 mln Nine mths Shr 3.65 dlrs vs 1.38 dlrs Net 120.6 mln vs 43.6 mln Revs 2.7 billion vs 2.1 billion NOTE: Net for 1987 includes 4.4 mln from discontinued opers 51.6 mln after tax gain on sale of E.F. Hutton Insurance Group and 36.6 mln on extraordinary ... | E.F. HUTTON GROUP INC <EFH> 3RD QTR NET |
GTE Corp said it is encouraged by the considerable decline in US Sprints operating loss in the third quarter when compared with the three previous quarters. The company said its 50 pct pre-tax share of the loss in the latest quarter was 82.5 mln. The other 50 pct of Sprint is owned by United Telecommunications Inc <... | GTE <GTE> ENCOURAGED BY US SPRINT'S SMALLER LOSS |
BALLADUR HAS HAD CONTACT WITH G7 MINISTERS, INCLUDING STOLTENBERG -MINISTRY SOURCES | |
Leading senators told investors Congress should take swift action on reducing the federal budget deficit to calm nervousness in the stock market which has been hit by record setting losses. Speaking to an American Stock Exchange-sponsored investors conference Senator Bob Packwood said the best thing Congress can do abo... | SENATORS URGE ACTION ON DEFICIT TO CALM FEARS |
Avon Products Inc which earlier reported lower third quarter profits said its fourth quarter and full year earnings will exceed the year ago results due to strong sales in its domestic cosmetics business and an improved economic situtation in Brazil. Last year Avon earned 158.7 mln dlrs or 2.23 dlrs a share on sales of... | AVON <AVP> SEES HIGHER 4TH QTR, 1987 EARNINGS |
NO CRISIS ATMOSPHERE IN WHITE HOUSE, NO MARKET ACTION PLANNED, SPOKESMAN SAYS | |
BASTIAN TECHNOLOGIES SAYS IT HAS FIVE PCT OF COSMO COMMUNICATIONS, MAY SEEK CONTROL | |
Service Corp International said its Investment Capital Corp unit sold its entire 14.8 pct stake in Capital Southwest Corp <CSWC.O> common stock and no longer holds any Capital Southwest shares. In a filing with the Securities and Exchange Commission Investment Capital said it sold 280000 shares of Capital Southwest ... | SERVICE CORP <SRV> DUMPS CAPITAL SOUTHWEST STAKE |
shr profit 2.73 dlrs vs 2.29 dlrs net 129.1 mln vs 105.8 mln nine mths shr loss 28.33 dlrs vs profit 6.42 dlrs net loss 1.16 billion vs profit 301.8 mln NOTE: 3rd qtr includes previously reported gain of 55.0 mln dlrs or 29.4 mln after-tax by capturing excess pension funds. Nine mths include 1.7 billion dlr addition to... | MANUFACTURERS HANOVER CORP <MHC> 3RD QTR NET |
Shr 23 cts vs 23 cts Net 31.9 mln vs 15.7 mln Revs 876.9 mln vs 401.2 mln Avg shrs 140.1 mln vs 68.6 mln Nine mths Shr 53 cts vs 42 cts Net 74.0 mln vs 28.9 mln Revs 2.55 billion vs 1.17 billion Avg shrs 140.1 mln vs 68.6 mln NOTE: Results include acquired bottling companies from dates of acquisition. On pro forma basi... | COCA COLA ENTERPRISES INC <CCE> 3RD QTR NET |
CBI Industries Inc said it may repurchase up to 500000 of its common shares which will be used for employee stock ownership plans and other business purposes. The company has 21.8 mln common shares outstanding. Reuter | CBI <CBH> MAY BUY UP TO 500,000 OF ITS SHARES |
Shr 80 cts vs 72 cts Net 18900000 vs 17100000 Sales 267.4 mln vs 288.6 mln Nine mths Shr 2.26 dlrs vs 2.04 dlrs Net 53600000 vs 48200000 Sales 839.3 mln vs 836.3 mln Reuter | BALL CORP <BLL> 3RD QTR NET |
WHITE HOUSE AGAIN RULES OUT TAX INCREASE, SAYS WOULD HURT ECONOMY | |
Shr 2.03 dlrs vs 1.53 dlrs Net 146.4 mln vs 110.3 mln Nine months shr loss 3.99 dlrs vs profit 4.62 dlrs net loss 283.3 mln vs profit 330.5 mln Avg shrs 71.08 mln vs 69.26 mln Assets 56.9 billion vs 50.7 billion Deposits 30.4 billion vs 25.9 billion Loans 26.3 billion vs 25.7 billion Note : Nine month loss reflects 700... | BANKERS TRUST <BT> 3RD QTR NET |
Stock markets in Asias economic little dragons seen as hot tips for global investors reeled today as share prices crashed in the U.S. The regions main trading partner. Panic spread through Taiwan Hong Kong Singapore and South Korea following the collapse on Wall Street. Officials in Hong Kong worried that the notorious... | ASIAN SMALL MARKETS REEL FROM WALL STREET |
TRANS WORLD AIRLINES SAID CARL ICAHN WITHDRAWS ACQUISITION OFFER | |
International Business Machines Corp said it announced a series of price actions relating to its System/38 line of computers. The company said it introduced price reductions ranging from four pct to 20 pct for models 200 to 700 of the System/38 computer. IBM said memory purchase prices would be reduced from 5000 dlrs t... | IBM <IBM> ANNOUNCES PRICE CHANGES FOR SYSTEM/38 |
Shr profit 23 cts vs profit 49 cts Net profit 24.1 mln vs profit 49.6 mln Revs 755.4 mln vs 708.3 mln Nine mths Shr loss 84 cts vs profit 1.53 dlrs Net loss 80.7 mln vs profit 152.3 mln Revs 1.19 billion vs 2.32 billion NOTE: Per shr reflects payment of preferred dividends. Results include loss of 7435000 or eight cts ... | U.S. TELECOMMUNICATIONS INC <UT> 3RD QTR NET |
Shr 70 cts vs 61 cts Net 200.2 mln vs 173.9 mln Sales 1.38 billion vs 1.26 billion Nine mths Shr 1.87 dlrs vs 1.54 dlrs Net 535.6 mln vs 437.8 mln Sales 4.04 billion vs 3.63 billion NOTE: Share adjusted for two-for-one stock split. REUTER | BRISTOL-MYERS CO <BMY> 3RD QTR NET |
Shr 25 cts vs 19 cts Net 687000 vs 514000 Sales 20.7 mln vs 13.2 mln Reuter | GANDER MOUNTAIN INC <GNDR.O> 1ST QTR SEPT 30 NET |
New York-based Bastian Technologies Corp said it acquired a five pct stake in Cosmo Communications Corp and is considering a move to seek control of the company or to secure a role in its affairs. Bastian Technologies believes that with the appropriate management policies and business strategies the company can once ag... | BASTIAN TECHNOLOGIES MULLING COSMO <CSMO.O> BID |
National Distillers and Chemical corp said it intends to repurchase up to three mln of its 32.8 mln common shares in the open market or privately from time to time. Reuter | NATIONAL DISTILLERS <DR> REPURCHASING SHARES |
Qtly div 21-1/2 cts vs 20 cts prior Pay December 15 Record November 16 Reuter | OLD KENT FINANCIAL CORP <OKEN.O> RAISES PAYOUT |
Shr 53 cts vs 38 cts Net 22249000 vs 15356000 Sales 189.1 mln vs 166.5 mln Nine mths Shr 1.56 dlrs vs 1.21 dlrs Net 64707000 vs 49603000 Sales 559.2 mln vs 492.4 mln Reuter | SNAP-ON TOOLS CORP <SNA> 3RD QTR NET |
WARNER COMMUNICATIONS 3RD QTR SHR 41 CTS VS 28 CTS | |
Whirlpool Corp said it is having joint venture discussions with <Vitro S.A.> of Monterrey Nuevo Leon Mexico on the formation of a Mexican venture for the manufacture and sale of major home appliances. It said Vitro has consolidated sales projected at 1.0 billion dlrs (U.S.) for 1987. Reuter | WHIRLPOOL <WHR> DISCUSSING JOINT VENTURE |
WASHINGTON POST CO 3RD QTR SHR 4.77 DLRS VS 1.65 DLRS | |
BETHLEHEM STEEL SAYS IT IS RAISING STEEL SHEET PRICES BY UP TO 30 DLRS/short ton | |
Shr loss two cts vs profit two cts Net profit 253000 vs profit 356000 Revs 17.5 mln vs 12.3 mln Nine mths Shr profit one cent vs profit 21 cts Net profit 628000 vs profit 2921000 Revs 54.9 mln vs 36.0 mln NOTE: 1987 qtr and nine mths includes gain 106000 dlrs or one cent per share and 846000 dlrs or six cts per share r... | NYCOR INC <NYCO.O> 3RD QTR NET |
Bankers Trust New York Corp said tax benefits as a result of an increase in loan loss provisions boosted earnings to a record 146.4 mln dlrs in the third quarter from 110.3 mln a year ago. During the third quarter the firm realized 18.8 mln dlrs in tax benefits related to the special addition of 700 mln dlrs to the all... | BANKERS TRUST <BT> NET BOOSTED BY TAX BENEFIT |
Trans World Airlines Inc said chairman Carl C. Icahn has withdrawn his proposal to acquire the TWA shares he does not already own due to the deterioration in market conditions. Under the proposal Icahn would have paid for each TWA share 20 dlrs in cash and 25 dlrs face amount of 12 pct subordinated debentures due 2007.... | ICAHN DROPS BID FOR TWA <TWA> |
Carnival Cruise Lines said it may repourchase up to five mln of its Class A common shares subject to market conditions. It said the decline in the market has made the stock an attractive investment. Carnival has about 132.2 mln shares outstanding. Reuter | CARNIVAL CRUISE <CCL> TO REPURCHASE COMMON |
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