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Kennametal Inc said second quarter ending December 31 earnings should show significant improvement over the 3.5 mln dlrs or 35 cts a share earned in the year earlier quarter. The company said this outlook is based on its optimism the positive trand in domestic metalworking sales will continue through its fiscal 1988. I... | KENNAMETAL <KMT> SEES IMPROVED 2ND QTR PROFITS |
Shr profit 30 cts vs profit three cts Net profit 3933000 vs profit 436000 Revs 70.4 mln vs 47.2 mln Avg 13.2 mln vs 13.0 mln Nine mths Shr profit 85 cts vs loss 17 cts Net profit 11.2 mln vs loss 2083000 Revs 192.1 mln vs 144.8 mln Avg shrs 13.2 mln vs 12.0 mln Reuter | AVX CORP <AVX> 3RD QTR OCT THREE NET |
Federal Express Corp said that the average daily volume of packages and documents for September increased 26 pct over the same month in 1986. The total volume of packages in September increased to 17687000 from 14077000. The average daily volume of packages increased to 842238 from 670333. For the first four months of ... | FEDERAL EXPRESS <FDX> SEPTEMBER VOLUME RISES |
CATERPILLAR INC 3RD QTR SHR 1.47 DLRS VS LOSS 26 CTS | |
Shr 26 cts vs 18 cts Net 5281000 vs 3496000 Revs 48.8 mln vs 32.1 mln Nine mths Shr 64 cts vs 51 cts Net 12.9 mln vs 9822000 Revs 129.0 mln vs 89.2 mln Reuter | STRATUS COMPUTER INC <STRA.O> 3RD QTR NET |
New York investor Martin Sosnoff said he reduced his stake in Caesars World Inc common stock to 3878700 shares or 16 pct of the companys common stock outstanding from about 17.4 pct. Sosnoff who tried unsuccessfully to acquire Caesars World earlier this year said in a filing with the Securities and Exchange Commission ... | SOSNOFF REDUCES CAESARS WORLD <CAW> STAKE |
Graco Inc said it expects 1987 earnings to be below last years record level despite higher sales. The company last year earned 14.3 mln dlrs or 2.38 dlrs a share on sales of 225.1 mln dlrs. It said its order backlog remains strong and it will complete delivery and installation of several large auto plant finishing syst... | GRACO <GGG> SEES LOWER EARNINGS FOR YEAR |
CRAZY EDDIE INC SAYS IT WON'T OPPOSE SLATE OF ENTERTAINMENT MARKETING | |
FEDERAL-MOGUL CORP 3RD QTR SHR 66 CTS VS 48 CTS | |
Shr 26 cts vs 18 cts Net 1409551 vs 985470 Revs 38.4 mln vs 22.5 mln Nine mths Shr 64 cts vs 47 cts Net 3477188 vs 2558625 Revs 88.8 mln vs 63.9 mln NOTE: Earnings per share adjusted for 3-for-2 stock split distributed on September 4. Reuter | MYERS INDUSTRIES INC <MYE> 3RD QTR NET |
Shr profit two cts vs loss 2.60 dlrs Net profit 111000 vs loss 16.9 mln Nine mths Shr profit 19 cts vs loss 2.80 dlrs Net profit 1261000 vs loss 18.1 mln Reuter | VICTORIA BANCKSHARES INC <VICT.O> 3RD QTR NET |
Shr 11 cts vs 22 cts Qtly div 10 cts vs 10 cts prior Net 548254 vs 1138978 Revs 28 mln vs 31.1 mln Year Shr 50 cts vs 1.34 dlrs Net 2527846 vs 6822293 Revs 111.7 mln vs 118.9 mln NOTE: Qtly div payable December 4 to shareholders of record November 13. Reuter | INTERSTATE SECURITIES INC <IS> 4TH QTR SEPT 30 |
About 10000 people marched through the Sudanese capital Monday in protest against price increases and devaluation of the Sudanese pound. The march was aimed at measures agreed with the International Monetary Fund including devaluation of the Sudanese pound by 44 pct and a rise in sugar and petrol prices. The devaluatio... | PROTESTERS MARCH AGAINST PRICE RISES IN SUDAN |
Sept 30 end Shr 14 cts vs 20 cts Net 733980 vcs 871720 Revs 14.7 mln vs 12.0 mln Avg shrs 5130190 vs 4302430 Year Shr 61 cts vs 60 cts Net 2763308 vs 2550133 Revs 50.0 mln vs 43.1 mln Avg shrs 4565189 vs 4277046 Fiscal 1987 net both periods includes charge 480000 dlrs to adjust premium reserves for workers compensation... | PANCHO'S MEXICAN BUFFET INC <PAMX.O> 4TH QTR NET |
Shr 85 cts vs 73 cts Net 3150000 vs 2699000 Sales 39.8 mln vs 34.3 mln Nine Mths Shr 2.19 dlrs vs 1.86 dlrs Net 8109000 vs 6876000 Sales 111.5 mln vs 100.7 mln NOTE: 1987 tax credits added 14 cts to third quarter net and 33 cts to nine months net compared with credits of 16 cts and 45 cts in the respective 1986 periods... | FRANKLIN ELECTRIC CO INC <FELE.O> 3RD QTR NET |
Oper shr three cts vs 48 cts Oper net 170000 vs 2324000 Nine mths Oper shr 1.26 dlrs vs 1.84 dlrs Oper net 6157000 vs 8907000 NOTE: Operating net excludes extraordinary gains of 231000 dlrs or four cts a share vs 2657000 dlrs or 55 cts a share in quarter and 1341000 dlrs or 28 cts a share vs 4637000 dlrs or 95 cts a sh... | ALTUS BANK <ALTS.O> 3RD QTR NET |
Perry Drug Stores Inc said Donald Fox has resigned from the board of directors effective immediately. Fox a board director since 1971 said he was resigning because of new business interests the company reported. Fox left Perry as president and chief operating officer in January and was recently appointed president of B... | PERRY DRUG <PDS> DIRECTOR RESIGNS |
Shr 48 cts vs 35 cts Net 4946000 vs 3552000 Sales 94.1 mln vs 84.5 mln Avg shrs 10.2 mln vs 10.1 mln Reuter | KENNAMETAL INC <KMT> 1ST QTR SEPT 30 NET |
Peripheral Systems Inc said it completed tests of the Nucell-50 radio isotope generating system known as a resonant nuclear battery designed to produce up to 50 kilowatts of AC electricity. The Nucell-50 developed by privately-held <Nucell Inc> converts the natural decay of radioactive materials directly into electr... | PERIPHERAL <PSIX.O> COMPLETES BATTERY TESTS |
Oper shr profit four cts vs profit 13 cts Oper net profit 456000 vs profit 1633000 Revs 37.8 mln vs 34.0 mln Avg shrs 13.0 mln vs 13.0 mln Nine mths Oper shr profit 12 cts vs loss 39 cts Oper net profit 1614000 vs loss 4877000 Revs 109.2 mln vs 88.3 mln Avg shrs 13.1 mln vs 12.5 mln NOTE: 1987 net excludes tax credits ... | COMPUTER CONSOLES INC <CCS> 3RD QTR NET |
The Senate Agriculture Committee was expected to consider proposals that would limit adjustments in county loan rate differentials which trigger larger corn and wheat acreage reduction requirements Senate staff said. A budget-saving proposal drafted by chairman Patrick Leahy (D-Vt) would limit adjustments in county loa... | SENATE PANEL STUDIES LOAN RATE, SET ASIDE PLANS |
Shr profit five cts vs loss one ct Net profit 504000 vs loss 102000 Revs 31.4 mln vs 32.0 mln Nine mths Shr profit 17 cts vs profit 26 cts Net profit 1729000 vs profit 2596000 Revs 92.7 mln vs 112.6 mln NOTE: 1986 3rd qtr net includes a after-tax charge of 555000 dlrs for sale of Reliacare Inc. 1986 nine mths net inclu... | OMNICARE INC <OCR> 3RD QTR NET |
U.S. INDUSTRIAL CAPACITY USE RATE 81.2 PCT IN SEPTEMBER, UNCHANGED FROM AUGUST | |
California Micro Devices said it signed a memorandum of understanding with Telefonica to establish a joint venture to make integrated circuits for the Western European market. Telefonica is the national telephone company of Spain. Under the pact the companies will design develop make and market application specific int... | CALIFORNIA MICRO <CAMD.O> IN JOINT VENTURE |
The coupon on <Healthvest>s 40 mln Swiss franc seven-year subordinated convertible bond was set at 4-1/2 pct and not at the four pct indicated lead manager S.G. Warburg Soditic SA said. The issue announced by the Texan company on October 12 is priced at par. Its conversion price was set at 23 dlrs during the first t... | COUPON SET HIGHER FOR HEALTHVEST CONVERTIBLE |
Shr 1.22 dlrs Net 27.8 mln vs 28.6 mln Nine mths Shr 3.88 dlrs Net 87.4 mln vs 98.7 mln Assets 10.3 billion vs 8.4 billion Deposits 7.4 billion vs 6.7 billion Loans 7.9 billion vs 6.0 billion NOTE: Full name is Dime Savings Bank of New York. 1986 per share figures not available as bank converted to stock form in August... | DIME SAVINGS BANK N.Y. <DIME.O> 3RD QTR NET |
The Nordic Investment Bank (NIB) said in a statement it granted Finlands state-owned oil company Neste Oy <Neoy.He> a one hundred million German mark loan to acquire shares in Swedens OK Petroleum AB. Neste is buying one quarter of the shares in the Swedish company whose other shareholders are the Swedish State and ... | NORDIC INVESTMENT BANK GIVES LOAN TO NESTE |
Two congressmen urged President Reagan to to call congressional leaders to a domestic economic summit to settle budget and trade matters they said contributed to the stock market fall. Noting the nosediving New York Stock Exchange Rep David Obey a Wisconsin Democrat and former chairman of the Congressional Economic Com... | U.S. LAWMAKERS SAY STOCK DIVE CALLS FOR SUMMIT |
Robert Halmi Inc said it and Hal Roach Studios Inc signed a definitive agreement to merge in a stock swap value at 115 mln dlrs based on October 16 closing prices. The company said the agreement calls for the holders of common stock in Hal Roach to exchange their shares on a one-for-one basis for shares in the combined... | HAL ROACH <HRSI.O>, ROBERT HALMI <RHI> TO MERGE |
Sept 30 end Shr 32 cts vs 32 cts Net 2990000 vs 2988000 Sales 57.3 mln vs 54.6 mln Reuter | PICCADILLY CAFETERIAS INC <PICC.O> 1ST QTR NET |
System Software Associates Inc said it completed its previously-announced acquisition of Admin EDP Pty Ltd for cash and a small amount of stock. Admin EDP of Sydney Australia is a full-service software sales and services firm. Reuter | SYSTEM SOFTWARE <SSAX.O> COMPLETES ACQUISITION |
Shr 54 cts vs 73 cts Net 3080000 vs 4367000 Sales 59.6 mln vs 55.6 mln Nine mths Shr 1.44 dlrs vs 1.81 dlrs Net 8526000 vs 10857000 Sales 172.4 mln vs 167.0 mln Backlog 34 mln dlrs vs 29 mln dlrs NOTE: 1986 period ended September 26 Reuter | GRACO INC <GGG> 3RD QTR SEPT 25 NET |
Shr 55 cts vs 48 cts Net 2520000 vs 2211000 Nine mths Shr 1.57 dlrs vs 1.41 dlrs Net 7223000 vs 6475000 Reuter | FIRST MICHIGAN BANCORP <FMBC.O> 3RD QTR NET |
Shr 19 cts vs 15 cts Net 826362 vs 421759 Revs 19.0 mln vs 14.8 mln Avg shrs 4400000 vs 2900000 Nine Mths Shr 48 cts vs 31 cts Net 1872075 vs 887478 Revs 51.6 mln 41.1 mln Avg shrs 3889000 vs 2900000 Note: Full name Countrywide Transport Services Inc. Reuter | COUNTRYWIDE TRANSPORT <CWTS.O> 3RD QTR NET |
Shr four cts vs five cts Net 85292 vs 109285 Revs 2916128 vs 474819 Reuter | SOFTWARE SERVICES OF AMERICA INC <SSOA.O> NET |
A. Schulman Inc said its board declared a special dividend of 10 cents per share payable November 23 to holders of record November 9. The company also said its board authorized the spending of 15 mln dlrs for a new warehouse and plant in West Germany adjacent to its present location there. It said the board also author... | A. SCHULMAN <ASHL.O> SETS SPECIAL DIVIDEND |
Shr 85 cts vs 77 cts Net 25.8 mln vs 21.9 mln Avg shrs 29.0 mln vs 27.1 mln Nine mths Shr 2.22 dlrs vs 2.14 dlrs Net 67.9 mln vs 60.1 mln Avg shrs 29.0 mln vs 26.5 mln NOTE: Previously reoprted amounts restated for earnings of First NorthWest Bancorp acquired in pooling of interests on July 31 1987. Reuter | KEYCORP <KEY> 3RD QTR NET |
Oper shr 1.02 dlrs vs 82 cts Oper net 174 mln vs 149 mln Revs 2.7 billion vs 2.4 billion Nine mths Oper shr 2.54 dlrs vs 2.64 dlrs Oper net 438 mln vs 492 mln Revs 8.2 billion vs 7.4 billion NOTE: 1987 3rd qtr and nine mths includes after-tax 82 mln dlr or 49 cts a share gain for increase in equity of Union Texas Petro... | ALLIED-SIGNAL INC <ALD> 3RD QTR OPER NET |
Corby Distilleries Ltd said it has agreed to buy Toronto-based McGuinness Distillers Ltd from Heublein Inc for about 45 mln dlrs in a move which Corby expects to add significantly to domestic earnings. Heublin is a subsidiary of Grand Metropolitan PLC (GMHL.L). Corby said McGuinness will remain a seperate business unit... | CORBY DISTILLERIES <CDL.TO> TO BUY HEUBLEIN UNIT |
Shr 16 cts vs 13 cts Net 1538000 vs 1288000 Sales 35.3 mln vs 29.5 mln Nine Mths Shr 27 cts vs 37 cts Net 2601000 vs 3586000 Sales 102.0 mln vs 84.2 mln Reuter | BURR-BROWN CORP <BBRC.O> 3RD QTR NET |
DIME SAVINGS BANK OF NEW YORK 3RD QTR NET 27.8 MLN DLRS 28.6 MLN DLRS | |
Shr 1.24 dlrs vs 66 dlrs Net 38.2 mln vs 20.1 mln Revs 419.1 mln vs 333.8 mln Nine mths Shr 3.50 dlrs vs 1.74 dlrs Net 107.7 mln vs 53 mln Revs 1.2 billion vs 940 mln Reuter | TEMPLE-INLAND INC <TIN> 3RD QTR NET |
Shr 34 cts vs 26 cts Net 6150000 vs 4743000 Revs 61.4 mln vs 49.5 mln Nine months Shr 89 cts vs 70 cts Net 16 mln vs 11.8 mln Revs 170 mln vs 137.5 mln NOTE: All share and per share data have been adjusted to reflect 100 pct stock dividend distrition on April 24 1987 and the public offier of two mln shares ofthe compan... | UNIVERSAL FURNITURE LTD <UFURF.O> 3RD QTR NET |
Shr 63 cts vs 49 cts Net 5635000 vs 4330000 Sales 117.8 mln vs 96.2 mln Year Shr 2.21 dlrs vs 1.71 dlrs Net 19.8 mln vs 15.2 mln Sales 465.1 mln vs 388.5 mln NOTE: Share adjusted for February 1987 three-for-two split. Prior year results restated. Reuter | A. SCHULMAN INC <SHLM.O> 4TH QTR AUG 31 NET |
Marathon Petroleum Company a subsidiary of USX Corp said it lowered posted prices for crude oil by 50 cts with an effective date of October 16. The increase brings posted prices for West Texas Intermediate and West Texas Sour to 19.00 dlrs a barrel each. South Louisiana Sweet was increased to 19.35 dlrs a barrel. Sever... | USX <X> UNIT HIKES CRUDE OIL POSTED PRICES |
LONDON GOLD 1500 FIX - OCT 19 - 481.00 DLRS | |
Anchor Glass Container Corp said it expects fourth quarter profits to exceed the 4.7 mln dlrs reported for the third quarter and net income for the full year will be about equal to or slightly exceed 1986s profit before extraordinary items of 20.6 mln dlrs. For the first nine months Anchor reported operating profits of... | ANCHOR GLASS <ANC> SEES FLAT ANNUAL RESULT |
USX Corp said its USS division and Inland Steel Corp are continuing to pursue plans to construct a plant devoted to the continuous pre-painting of steel coils. The company said the proposed facility will primarily serve the appliance market and will have a capacity of 250000 to 300000 tons yearly. The company said a lo... | USX <X>, INLAND <IAD> IN STEEL COIL VENTURE |
Sept 30 end Primary 76 cts vs 51 cts Diluted shr 70 cts vs 49 cts Net 2802000 vs 2030000 Revs 124.9 mln vs 117.2 mln Primary avg shrs 3687000 vs 4016000 Diluted avg shrs 4786000 vs 5101000 Reuter | BEARINGS INC <BER> 1ST QTR NET |
Shr 24 cts vs 15 cts Net 24057000 vs 14508000 Revs 156.1 mln vs 111.2 mln Nine mths Shr 63 cts vs 40 cts Net 63183000 vs 36464000 Revs 405.0 mln vs 295.8 mln Reuter | CHEMICAL WASTE MANAGEMENT INC<CHW> 3RD QTR NET |
Monsanto Co said sales of its Nutrasweet artificial sweetener fell slightly in the third quarter due to a continuing decline in usage by the powdered soft drink market. It doesnt look as if there is going to be any improvement in the powdered soft drink sector said Donna Smith a Monsanto spokeswoman. The company report... | MONSANTO <MTC> NUTRASWEET SALES SHOW SMALL DROP |
MARATHON RAISED CRUDE POSTED PRICES BY 50 CTS A BARREL EFFECTIVE OCTOBER 16. | |
Oper shr 70 cts vs 18 cts Oper net 39.1 mln vs 10.0 mln Sales 543.6 mln vs 489.6 mln Year Oper shr 2.83 dlrs vs 1.82 dlrs Oper net 159.7 mln vs 106.9 mln Sales 2.13 billion vs 1.94 billion Avg shrs 56.4 mln vs 58.6 mln NOTE: Results restated for discontinued engineering services operations. Prior year net excludes loss... | AIR PRODUCTS AND CHEMICALS INC <APD> 4TH QTR NET |
Japans ruling Liberal Democratic Party (LDP) on Tuesdayhose former Finance Minister Noboru Takeshita to be the next prime minister replacing Yasuhiro Nakasone whose term ends on October 30. LDP officials told Reuters the choice was made by Nakasone after Takeshita and two other contenders failed in marathon closed-door... | TAKESHITA CHOSEN AS NEXT JAPAN PRIME MINISTER |
The Louvre accord on currency stability which has maintained an uneasy calm in currency markets since last February appeared in serious danger today as a transatlantic dispute over West German interest rates came to the boil foreign exchange dealers said. But as the dollar slid against the mark and world stock and bond... | TRANSATLANTIC ROW IMPERILS LOUVRE ACCORD-DEALERS |
Northview Corp said it reached an agreement in principal covering the acquisition of the company by privately-held Calmark Financial Corp. The agreement calls for Northview to make a self-tender offer for all of its outstanding stock at a price of 22 dlrs per share in cash. Calmark headquartered in Los Angeles develops... | NORTHVIEW <NOVC.O> PLANS TO SELL COMPANY |
Logicon Inc said it received a three-mln-dlr modification to its contract to develop cruise missile simulation systems for the U.S. Air Force. The company said the modification brings the contract to 12.6 mln dlrs. In addition a separate 500000-dlr option may be exercised after the basic simulation systems and software... | LOGICON INC <LGN> GETS ADD ON TO CONTRACT |
The Bundesbank will not hold a news conference after its regular fortnightly central bank council meeting on Thursday a spokesman said in answer to enquiries. The council is meeting in West Berlin where it meets once a year. It also meets once a year in another German city. These meetings outside Frankfurt are traditio... | BUNDESBANK WILL NOT HOLD NEWS CONFERENCE THURSDAY |
Shr 80 cts vs 70 cts Shr diluted 76 cts vs 67 cts Qtly div 33 cts vs 33 cts prior Net 7879000 vs 7007000 Nine mths Shr 2.33 dlrs vs 2.01 dlrs Shr diluted 2.22 dlrs vs 1.92 dlrs Net 23.0 mln vs 20.0 mln Avg shrs 9890148 vs 10.0 mln NOTE: Dividend pay Dec 10 record Nov 20. Reuter | UNION NATIONAL CORP <UNBC.O> 3RD QTR NET |
CORBY DISTILLERIES LTD TO BUY HEUBLEIN'S MCGINNESS DISTILLERS FOR 45 MLN CANADIAN DLRS | |
Aug 31 Shr loss 34 cts vs profit 39 cts Net loss 2337000 vs profit 2532000 Revs 66.1 mln vs 58.5 mln Avg shrs 7166000 vs 6763000 12 months Shr profit 26 cts vs loss 1.20 dlrs Net profit 1815000 vs loss 7927000 Revs 264.3 mln vs 229.7 mln Avg shrs 7005000 vs 6621000 NOTE: Results include pretax restructuring provisions ... | AMCAST INDUSTRIAL CORP <ACST.O> 4TH QTR LOSS |
AIR PRODUCTS AND CHEMICALS INC 4TH QTR OPER SHR 70 CTS VS 18 CTS | |
The Federal Reserve entered the government securities market to arrange three-day system repurchase agreements a spokesman for the New York Fed said. Federal funds were trading at 7-5/8 pct at the time of the direct injection of temporary reserves dealers said. Reuter | FED ARRANGES THREE-DAY SYSTEM REPOS |
Shr profit three cts vs profit one ct Net profit 129082 vs profit 36099 Revs 3864187 vs 1875919 Nine Mths Shr loss six cts vs profit two cts Net loss 303581 vs profit 110311 Revs 9517242 vs 5248105 NOTE: Prior qtr and nine mth figures include extraordinarycredits of 15000 dlrs and 48000 dlrs respectively. Reuter | DATACOPY CORP <DCPY.O> 3RD QTR NET |
A shareholder group led by Barris Industries Inc <BRSS.O> said it acquired a 9.8 pct stake in Media General Inc Class A common stock and may seek seek contorl of the company. In a filing with the Securities and Exchange Commission the group said it holds 2711000 shares of Media General commons stock purchased at a t... | MEDIA GENERAL <MEG> HOLDERS MAY SEEK CONTROL |
Gould Inc said it named Conrad Wredberg president and general manager of its Semiconducto[Br Division based in Santa Clara Calif. Wredberg formerly senior vice president of operations of the division succeeds Robert Penn. Penn was named vice president of the Materials and Components Business Section the company sa... | GOULD<GLD> NAMES PRESIDENT OF SEMICONDUCTER DIV |
FED SETS THREE-DAY SYSTEM REPURCHASES, FED SAYS | |
RKO General Inc a unit of GenCorp Inc said it asked the Federal Communications Commission (FCC) to reverse a preliminary ruling by an agency hearing officer and let it keep its 14 broadcast licenses. The FCC hearing officer had recommended that all 14 of RKOs licenses be revoked. If the decision is allowed to stand it ... | GENCORP <GY> RKO UNIT ASKS TO KEEP FCC LICENSES |
S-K-I Ltd and <Goldmine Ski Associates Inc> said they reached an agreement calling for S-K-I to buy Goldmines California ski area for approximately 10 mln dlrs. S-K-I which owns Killlington and Mount Snow ski resorts in Vt. said the California ski area is located in the San Bernardino mountains. The company said it ... | S-K-I <SKII.O> TO BUY CALIFORA SKI AREA |
Westin Hotels and Resorts a subsidiary of Allegis Corp said it will hold a press conference on October 21 near San Francisco to discuss the pending sale of the 61-hotel chain by Allegis. Allegis has said that it plans to sell Westin buyt has not announced that a deal has been set. Reuter | ALLEGIS'<AEG>WESTIN SETS NEWS CONFERENCE ON SALE |
Mining group Boliden AB said it had agreed with Saudi state agency General Petroleum and Mineral Organisation (Petromin) to open a gold mine in Saudi Arabia to exploit one of the worlds richest deposits of the metal. Boliden spokesman Goran Paulson told Reuters the Swedish group would be responsible for the technical s... | SWEDEN'S BOLIDEN TO OPEN SAUDI ARABIAN GOLD MINE |
International Business Machines Corp said it and NYNEX Corp agreed to participate in an Integrated Services Digital Network field trial scheduled to begin in April 1988. The company said the trial is designed to aid in the development of international standards for Integrated Services interfaces that connect telecommun... | IBM <IBM>, NYNEX <NYN> TO PARTICIPATE IN TEST |
Shr profit 32 cts vs profit nine cts Net profit 413000 vs profit 63000 Avg shrs 1278360 vs 728476 Nine Mths Shr profit 68 cts vs loss 57 cts Net profit 708000 vs loss 415000 Avg shrs 1041697 vs 728476 Reuter | AMERICAN REPUBLIC BANCORP <ARBC.O> 3RD QTR NET |
Qtly div 25 cts vs 25 cts Pay Nov 16 Record Oct 30 Reuter | CAL FED INCOME PARTNERS L.P. <CFI> QUARTERLY DIV |
Cal Fed Income Partners L.P. said it has acquired two shopping centers for a total price of 18.4 mln dlrs. The company said it bought Best Plaza Shopping Center in Pleasanton Calif. For 12 mln dlrs and Bristol Place Shopping Center in Santa Ana Calif. for 16.4 mln dlrs. Reuter | CAL FED INCOME <CFI> BUYS TWO SHOPPING CENTERS |
Shr 1.05 dlrs vs 74 cts Net 5244000 vs 3684000 Nine Mths Shr 2.93 dlrs vs 2.14 dlrs Net 14.6 mln vs 10.6 mln Reuter | FIRSTIER FINANCIAL INC <FRST.O> 3RD QTR NET |
Advanced Viral Research Corp said that its annual shareholders meeting has been rescheduled for November 12 from September 14. The company said the rescheduling was made to meet Securities and Exchange Commission regulations. It did not elaborate. Reuter | <ADVANCED VIRAL> RESCHEDULES MEETING |
Shr loss primary 82 cts vs profit 15 cts Shr loss diluted 82 cts vs 13 cts Net loss 4134000 vs profit 649000 Avg shrs 5030000 vs 3927000 Nine Mths Shr loss primary 80 cts vs profit 37 cts Shr loss diluted 80 cts vs 32 cts Net loss 3615000 vs profit 1652000 Avg shrs 4557000 vs 3927000 Loans 231.2 mln vs 221.5 mln Deposi... | SOUTHWEST BANCORP <SWB> 3RD QTR LOSS |
Shamrock Capital L.P a limited partnership led by Shamrock Holdings Inc said it completed its sale of Central Soya Co Inc to Ferruzzi Agricola Finanziaria of Italy. Under terms of the sale agreement which was announced on September 15 Ferruzzi acquired all the equity in Central Soya and assumed subordinated term debt o... | SHAMROCK CAPITAL COMPLETES CENTRAL SOYA SALE |
Shr 1.02 dlrs vs 96 cts Net 55.6 mln vs 53.2 mln Revs 1.3 billion vs 1.2 billion Nine mths Shr 3.13 dlrs vs 2.88 dlrs Net 171.3 mln vs 159.0 mln Revs 3.8 billion vs 3.5 billion NOTE: 1987 3rd qtr and nine mths includes one time after-tax charge of 14.3 mln dlrs or 26 cts a share for previously announced anticipated sal... | MARTIN MARIETTA <ML> 3RD QTR NET |
The West German government assumes that the commitment to international monetary cooperation which was renewed in Washington last month will continue a Finance Ministry spokesman quoted Finance Minister Gerhard Stoltenberg as saying. Stoltenbergs statement was a reaction to criticism of rises in West German interest ra... | STOLTENBERG ASSUMES COOPERATION WILL CONTINUE |
Wang Laboratories Inc announced four additions to its VS line of minicomputers which it said will offer double the capacity of the older models they replace. Company officials told a news conference that Wang will also announce new entry level and high end computers within the next 12 months and a family of powerful wo... | WANG <WAN> ANNOUNCES FOUR COMPUTERS |
Securities and Exchange Commission Chairman David Ruder said a brief trading halt has been discussed as one way of restoring order to the stock market but stressed he is not recommending one at present. Speaking to reporters Ruder said he has been in frequent contact with New York Stock Exchange Chairman John Phelan ab... | SEC HEAD NOT URGING U.S. TRADING HALT AT PRESENT |
Circle Fine Art Corp said it completed an exclusive license agreement with the Seiyoken Group of Toyko to open Circle Galleries in Japan. The first Circle Gallery is to open in Tokyo in ealry 1988 with additional Circle Galleries planned the company said. The license agreement is Circle Fine Arts second expansion outsi... | CIRCLE FINE ART <CFNE.O> IN LICENSING AGREEMENT |
BARRIS IND. SAYS IT LEADS GROUP WITH 9.8 PCT OF MEDIA GENERAL, MAY SEEK CONTROL | |
Shr not given Net loss 69.0 mln vs profit 3682000 Revs 258.3 mln vs 229.6 mln Six mths Shr loss 58.8 mln vs profit 13.3 mln Revs 517.9 mln vs 466.5 mln NOTE: Company recently spun off from Carter Hawley Hale Stores Inc <CHH>. Current year net both periods includes 40.8 mln dlrs in pretax charges from Carter Hawley H... | NEIMAN-MARCUS GROUP INC <NMG> 2ND QTR AUG 2 LOSS |
<Sea Gold Oil Corp> said it has agreed to a private-placement financing of 400000 common shares of its unissued capital stock with Gulf International Minerals Ltd <GIM.V> at 50 cts per share to raise 200000 dlrs Canadian. The company said one of the conditions of the placement was the granting of a first right of... | SEA GOLD OIL ANNOUNCES PRIVATE PLACEMENT |
KEYCORP 3RD QTR SHR 85 CTS VS 77 CTS | |
TEMPLE-INLAND INC 3RD QTR SHR 1.24 DLRS VS 66 CTS | |
ALLIED-SIGNAL INC 3RD QTR OPER SHR 1.02 DLRS VS 82 CTS | |
Igene Biotechnology Inc said it terminated its license agreement with Hercules Inc <HPC> for the manufacture of Igenes natural food preservative and mold inhibitor. It said the cancellation agreed to by both companies. Igene said its Weyco-Serv product was licensed to Hercules in September 1985. Under the terms of t... | IGENE BIOTECHNOLOGY <IGNE.O> ENDS LICENSE PACT |
Arizona Silver Corp said diamond drilling on its Burro Creek Mine Property located 65 miles southeast of Kingman Ariz. has begun. The company said a report indicated that the Burro Creek project area which covers 800 acres could have potential reserves of three to four mln tons of gold and silver mineralization. Drill ... | ARIZONA SILVER <ASC> REPORTS ON BURRO CREEK |
Shr 50 cts vs 35 cts Net 42.7 mln vs 29.9 mln Revs 236.5 mln vs 218.2 mln Nine mths Shr 1.24 dlrs vs 1.02 dlrs Net 105.8 mln vs 86.9 mln Revs 702.5 mln vs 642.5 mln NOTE: 1987 nine-month earnings include nonrecurring gain of nine cents a share from sale of the companys Data Card investment. Reuter | DELUXE CHECK PRINTERS INC <DLX> 3RD QTR NET |
MARTIN MARIETTA CORP 3RD QTR SHR 1.02 DLRS VS 96 CTS | |
<Household Mortgage Corp> said it has arranged a 200 mln dlr commercial paper program in the U.S. For which Goldman Sachs and Co will be the sole dealer. The program will be backed by a letter of credit from Australia and New Zealand Banking Corp. The program also is supported by a multiple option facility arranged ... | HOUSEHOLD MORTGAGE GETS U.S. PAPER PROGRAM |
Transamerica Insurance Group the main property-liability insurance operation of Transamerica Corp said it signed a definitive agreement to acquire a newly-formed insurer Commerical Risk Underwriters Insurance Co from <Clarendon Group Ltd>. Transamerica said the unit which will be renamed Transamerica Reinsurance Co ... | TRANSAMERICA <TA> UNIT BUYS REINSURANCE UNIT |
A group of firms led by Hong Kong-based Industrial Equity (Pacific) Ltd said it acquired 969515 shares of Triton Oil Corp common stock or 5.4 pct of the companys common stock outstanding. Industrial Equity (Pacific) which is controlled by Brierley Investments Ltd <BRYW.WE> and which has applied with U.S. antitrust r... | INDUSTRIAL EQUITY HAS 5.4 PCT OF TRITON <OIL> |
SEC CHIEF DOES NOT RECOMMEND STOCK TRADING HALT NOW, BUT MAY CONSIDER URGING ONE | |
British Sugar Plc was forced to shut its Ipswich sugar factory on Sunday afternoon due to an acute shortage of beet supplies a spokesman said responding to a Reuter inquiry Beet supplies have dried up at Ipswich due to a combination of very wet weather which has prevented most farmers in the factorys catchment area fro... | UK SUGAR FACTORY CLOSES DUE TO SHORTAGE OF BEET |
Shr 57 cts vs not given Net 6889000 vs 10.7 mln Nine mths Shr 1.67 dlrs vs not given Net 20.1 mln vs 23.0 mln NOTE: Company went public in November 1986. 1986 net both periods includes 5642000 dlr pretax gain on sale of branches. Net includes securities and loan sales loss 90000 dlrs pretax vs gain 46000 dlrs in quarte... | HOME SAVINGS BANK OF BROOKLYN <HMSB.O> 3RD QTR |
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