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Shr 17 cts vs 18 cts Net 339000 vs 351000 Revs 2917000 vs 2735000 12 mths Shr 62 cts vs 64 cts Net 1268000 vs 1356000 Revs 11.1 mln vs 10.5 mln Reuter | CITIZENS FINANCIAL CORP <CTZN> 4TH QTR NET |
The following proposed securities offerings were filed recently with the Securities and Exchange Commission: Rockwell International Corp <ROK> - Shelf offering of up to 200 mln dlrs of debt securities on terms to be determined at the time of the sale in addition to another 300 mln dlrs of debt securities already reg... | PROPOSED OFFERINGS RECENTLY FILED WITH THE SEC |
Oper shr profit six cts vs loss 20 cts Oper net profit 634000 vs loss 2312000 Sales 16.8 mln vs 13.9 mln Year Oper shr profit 30 cts vs profit three cts Oper net profit 3342000 vs profit 318000 Sales 67.5 mln vs 52.6 mln NOTE: Operating net excludes loss of 41000 dlrs vs profit 7000 dlrs in quarter and profit 247000 dl... | INTERNATIONAL HYDRON CORP <HYD> 4TH QTR NET |
Southern New England Telecommunications Inc said it completed the installation of a multi-million dlr telecommunications system for United Technologies Corps Pratt and Whitney unit. The company said the system is built around the American Telephone and Telegraph Co <T> 5ESS switch which has the capacity to provide t... | SNET <SNG> COMPLETES PRATT/WHITNEY <UTC> ORDER |
Shr loss eight cts vs loss three cts Net loss 213000 vs loss 49000 Revs 636000 vs 4450000 Year Shr loss 11 cts vs loss 38 cts Net loss 235000 vs loss 6110000 Revs 2389000 vs 1287000 Reuter | COGNITIVE SYSTEMS INC <CSAI> 4TH QTR NOV 30 LOSS |
Shr nine cts vs nine cts Net 980000 vs 97000 Sales 3945000 vs 2106000 1st half Shr 17 cts vs 18 cts Net 194000 vs 203000 Sales 7535000 vs 4136000 Reuter | POLYMERIC RESOURCES CORP <POLR> 2ND QTR DEC 31 |
CONT'L ILLINOIS RECHARACTERIZES 425 MLN DLRS IN BAD LOANS FROM 1984, SAYS DOESN'T AFFECT NET | |
FLUOR CORP DOWNGRADED BY MOODY'S, AFFECTS 390 MLN DLRS OF DEBT | |
Interface Flooring Systems Inc said it has filed for an offering of 2800000 Class A common shares through underwriters led by Robinson-Humphrey Co Inc and PaineWebber Group Inc <PWJ>. The company said as previously announced it will use proceeds to finance a tender offer to acquire the 50 pct of Debron Investments P... | INTRERFACE FLOORING <IFSIA> FILES FOR OFFERING |
Shr 27 cts vs 39 cts Net 481189 vs 697381 Revs 6.1 mln vs 6.4 mln Year Shr 1.04 dlrs vs 1.35 dlrs Net 1846670 vs 2391638 Revs 25.6 mln vs 28.6 mln Reuter | HEALTH-MOR INC <HMI> 4TH QTR NET |
 (CORRECTION) - TRANSALTA UTILITIES CORP YEAR NET IN CALGARY STORY OF FEB 27 HEADLINED TRANSALTA UTILITIES CORP YEAR NET PLS READ IN FOURTH LINE...REVS 915.5 MLN VS 836.0 MLN..INSTEAD OF 581.0 MLN VS 524.5 MLN..CORRECTING REVENUES. Reuter  | |
Scottys Inc said sales for the four weeks ended February 21 rose five pct to 41.7 mln dlrs from 39.8 mln dlrs for the corresponding period last year. Scottys said sales for the 34 weeks ended February 21 totaled 323.2 mln dlrs up six pct over sales of 305.7 mln dlrs for the same period in 1986. The company which operat... | SCOTTY'S <SHB> SALES UP FIVE PCT IN FEBRUARY |
Standard Oil Co said it will issue at par 154 mln Swiss francs of non-callable 10-year notes with an annual coupon of 3-1/4 pct and detachable currency warrants. Credit Suisse will lead manage the issue. Payment date is March 19. Each 50000 Swiss franc note will carry a warrant entitling the holder to sell 50000 francs... | STANDARD OIL <SRD> TO ISSUE SWISS FRANC NOTE |
Shr loss 54 cts vs 16.18 dlrs Net loss 1429226 vs loss 153680 Revs 202628 vs 282 Avg shrs 2883812 vs 9500 Note: 1986 net includes loss from discontinued operations of 114887 or four cts a share. Reuter | TFC TELESERVICES CORP <TFCS> YEAR NOV 30 LOSS |
Shr 81 cts vs 2.78 dlrs Net 53.5 mln vs 180.9 mln Revs 915.5 mln vs 836.0 mln Note: 1986 net includes 125 mln dlr or 1.90 dlr shr writedown of investment in <Canada Northwest Energy Ltd> vs yr-ago extraordinary loss of 17 cts shr (net fig not given). Reuter | (CORRECTED) - <TRANSALTA UTILITIES CORP> YEAR NET |
Albertsons said it plans to open 33 to 35 new stores during 1987 and remodel about 20-25 stores. This compares to 21 new store openings in 1986 and 17 remodelings. Albertsons a grocery chain said total capital expenditures for these projects will be in excess of 200 mln dlrs in 1987. Reuter | ALBERTSON'S <ABS> TO INCREASE NEW STORE OPENINGS |
Pall Corp said sales for the second quarter ended January 31 were up 17.5 pct to 94.0 mln dlrs from 80.0 mln dlrs a year before and orders were up 15.5 pct to 101.1 mln from 87.4 mln. For the first half it said sales were up 16.0 pct to 174.6 mln dlrs from 150.3 mln dlrs a year before with orders up* 13.0 pct to 189.6 ... | PALL CORP <PLL> SECOND QUARTER SALES, ORDERS UP |
Standard and Poors Corp said it upgraded 500 mln dlrs of debt of Navistar International Corp and its unit Navistar Financial Corp. Raised were the companies senior debt to BB from B and subordinated debt to B-plus from CCC-plus. S and P cited Navistars recent issuance of 104 mln shares of common stock and planned redem... | NAVISTAR <NAV> DEBT UPGRADED BY S/P |
Qtr ended Jan 31 Shr 72 cts vs 71 cts Net 3062000 vs 3023000 Revs 58.5 mln vs 56.4 mln Nine mths Shr 2.10 dlrs vs 1.73 dlrs Net 8972000 vs 7337000 Revs 169.9 mln vs 161.7 mln Note: Net includes gain from sale of land of 1105000 dlrs or 26 cts a share for the nine mths. Reuter | JOHN WILEY AND SONS INC <WILLB> 3RD QTR NET |
Shr 30 cts vs 36 cts Net 1914388 vs 1906095 Sales 58.8 mln vs 40.7 mln 1st half Shr 47 cts vs 53 cts Net 2961718 vs 2817439 Sales 107.7 mln vs 74.9 mln Avg shrs 6342353 vs 5342353 Reuter | ARBOR DRUGS INC <ARBR> 2ND QTR JAN 31 NET |
Shr profit six cts vs profit eight cts Net profit 102000 vs profit 151000 Revs 4846000 vs 5041000 Avg shrs 1725744 vs 1806323 12 mths Shr loss 1.36 dlrs vs profit 56 cts Net loss 231800 vs profit 789000 Revs 17.5 mln vs 20.9 mln Avg shrs 1710655 vs 1404878 Reuter | TECHNOLOGY DEVELOPMENT CORP <TDCK> 4TH QTR NET |
Thousands of Spanish farmers battled police in this northeastern city during a march to demand a better deal from the EC protest organisers said. The farmers traded stones for tear gas and rubber pellets and occupied local government buildings in Saragossa. In the southern city of Malaga citrus growers dumped more than... | SPANISH FARMERS BATTLE POLICE IN N.E. SPAIN |
Tandem Computers Inc said the Telaction Corp unit of J.C. Penney Co Inc <JCP> selected the Tandem NonStop computer system for a new interactive home shopping system scheduled to go into operation during the summer. Tandem said the new system will be the first consumer controlled home shopping and information service... | TANDEM <TNDM> HAS HOME SHOPPING DEAL |
Shr 64 cts vs 1.16 dlrs Net 602000 vs 1079893 Sales 8208000 vs 11.6 mln NOTE: Prior year net includes gain 1317000 dlrs or 1.41 dlrs shr on sale of West Paces Racquet Club. Current year net includes 15 ct shr extraordinary gain. Reuter | FLANIGAN'S ENTERPRISES INC <BDL> 1ST QTR DEC 27 |
TRIANGLE INDUSTRIES INC 4TH QTR OPER SHR LOSS THREE CTS VS PROFIT 27 CTS | |
Murgold Resources Inc said the number three vein zone at its Timmins Ontario property yielded partial assay results of 1.08 ounces gold a short ton across an average width of 4.2 feet and length of 200 feet. It said many of the individual assays were more than one ounce a ton but had not been cut. The company said thes... | MURGOLD RESOURCES HAS PARTIAL GOLD ASSAYS |
Chrysler Corp <C> will begin exporting vehicles before the end of this year to Europe the worlds second largest market which it left in 1978. Robert Lutz executive vice president told a news briefing: After a lapse of almost nine years Chrysler is about to re-enter the European market. And we are here to stay. Micha... | CHRYSLER TO SELL CARS IN EUROPE BEFORE YEAR END |
The U.S. Delegation at the International Coffee Organization (ICO) talks on export quotas is planning to leave tomorrow morning but will ask a representative from the U.S. Embassy in London to attend the negotiations if they continue a U.S. Spokesman said. One delegate said: If the U.S. Delegation is going home and the... | U.S. DELEGATION PLANS TO LEAVE ICO TALKS TUESDAY |
Ford Motor Cos program to introduce air-bags in its compact cars is facing widespread resistance from both consumers and dealers a trade paper said. As of February 20 Automotive News said Ford dealers had sold only 455 1987-model Ford Tempos equipped with airbags and 294 similarly-equipped Mercury Topaz models compared... | FORD <F> AIR-BAG PROGRAM FLAGGING - REPORT |
Murgold Resources Inc said the number three vein zone at its Timmins Ontario property yielded partial assay results of 1.08 ounces gold a short ton across an average width of 4.2 feet and length of 200 feet. It said many of the individual assays were more than one ounce a ton but had not been cut. The company said thes... | MURGOLD RESOURCES <MGDVF> HAS PARTIAL ASSAYS |
Standard and Poors Corp said it downgraded to A-plus from AA-minus about 350 mln dlrs of senior debt of PACCAR Inc and its unit PACCAR Financial Corp. S and P said PACCAR has experienced earnings weakness. But the company remains profitable and should achieve significant cost reductions from its recent shut down of two... | PACCAR <PCAR> AND UNIT DEBT DOWNGRADED BY S/P |
DEAN WITTER AGREES TO SEC CENSURE FOR FAILING TO FULLY REPORT CASH TRANSACTIONS | |
Standard and Poors Corp said it placed on creditwatch with negative implications Mack Trucks Incs 140 mln dlrs of BB-plus senior debt. S and P said Mack lost significant market share in heavy duty trucks last year. Through the nine months ended September 30 1986 the companys pretax loss before restructuring costs equit... | S/P MAY DOWNGRADE MACK TRUCKS <MACK> DEBT |
More than two mln tonnes of surplus maize dotted across Zimbabwe in huge piles is posing an economic headache for the country. The grain Southern Africas staple has been bought by the Grain Marketing Board (GMB) at prices guaranteed before it was planted and is costing the GMB about 27 mln dlrs a month in storage and i... | ZIMBABWE'S MAIZE MOUNTAIN POSES ECONOMIC PROBLEM |
U.S. semiconductor manufacturers struggling to stem a river of red ink are increasingly looking toward customized designs rather than mass-market chips for future profits. The market for customized chips - semiconductors designed for a very specific application or product - is expected to expand by 25 to 30 pct this ye... | TECHNOLOGY/CHIP INDUSTRY SEEKS CUSTOM DESIGNS |
SEARS TO RESTRUCTURE DISTRIBUTION | |
Continental Illinois Corp settled an administrative complaint by the Securities and Exchange Commission by agreeing to recharacterize 425 mln dlrs previously reported in the second quarter 1984 as a loss of sale on loans. Under the settlement which was announced simultaneously with the filing of the SECs administrative... | CONTINENTAL ILL <CIL> TO RECHARACTERIZE LOSS |
Shr 20 cts vs 28 cts Net 393371 vs 555989 Revs 3669602 vs 3498780 Reuter | REX-NORECO INC <RNX> 1ST HALF JAN 31 NET |
Morrison Knudsen Corp said its National Projects Inc subsidiary was awarded a contract worth about 27 mln dlrs for construction of improvements at the U.S. Navys Fallon Naval Air Station in Nevada. The company said the work scheduled for completion in Early 1989 involves revamping of the bases utility systems paving of... | MORRISON KNUDSEN <MRN> GETS NAVAL STATION JOB |
Oper shr eight cts vs five cts Oper net 164000 vs 116000 Sales 8059000 vs 7148000 Year Oper shr 67 cts vs 19 cts Oper net 14920000 vs 433000 Sales 30.9 mln vs 24.8 mln NOTE: Net excludes discontinued operations losses 768000 dlrs vs 40000 dlrs in quarter and loss 700000 dlrs vs gain 307000 dlrs in year. 1985 year net e... | PACKAGING SYSTEMS CORP <PAKS> 4TH QTR NET |
Molecular Biosystems Inc said it announced new SNAP DNA Probe Kits for the detection of rotavirus and malaria. The company said it also introduced the Extractor a new DNA/RNA sample preparation column. The company based in San Diego Calif. said the Extractor dramatically simplifies the isolation and purification of DNA... | MOLECULAR BIOSYSTEMS <MOBI> OFFERS NEW PRODUCTS |
Ended Jan four Shr loss 14 cts vs loss 27 cts Net loss 850000 vs loss 1400000 Revs 2280000 vs 2220000 Year Shr loss 30 cts vs loss 1.06 dlrs Net loss 1800000 vs loss 5500000 Revs 9500000 vs 12.9 mln Reuter | G.D. RITZY'S INC <RITZ> 4TH QTR LOSS |
Western Digital Corp said it is adding the Network Courier an electronic mail software package by Consumers Software to its Local Area Network (LAN) products. The company said The Network Courier allows LAN users to exchange messages and complete files without having to exit their current applications and to exchange m... | WESTERN DIGITAL <WDC> ADDS ELECTRONIC MAIL |
Oper shr loss three cts vs profit 27 cts Oper net loss 178000 vs profit 4165000 Sales 783.7 mln vs 464.6 mln Avg shrs 25.3 mln vs 10.3 mln Year Oper shr profit 2.61 dlrs vs profit 2.75 dlrs Oper shr diluted profit 2.05 dlrs vs profit 2.66 dlrs Oper net profit 47.6 mln vs profit 31.0 mln Sales 2.67 billion vs 1.65 billi... | TRIANGLE INDUSTRIES INC <TRI> 4TH QTR LOSS |
Moodys Investors Service Inc said it lowered the ratings on about 390 mln dlrs of Fluor Corps long-term debt and commercial paper. Moodys said the action which completes a review begun February 6 reflects expectations that pressure on earnings and cash flow are likely to continue for some time. This will result in stre... | FLUOR CORP <FLR> DEBT DOWNGRADED BY MOODY'S |
Oper shr five cts vs 15 cts Oper net 236996 vs 661780 Revs 11.3 mln vs 11.00 mln Avg shrs 4249221 vs 4218754 Year Oper shr 33 cts vs 57 cts Oper net 1465700 vs 2033457 Revs 44.0 mln vs 41.4 mln Avg shrs 4348127 vs 3431669 NOTE: Net excludes discontinued TGC Industries Inc operations nil vs gain 123174 dlrs in quarter a... | ESI INDUSTRIES INC <ESI> 4TH QTR NET |
Electronic Control Security Inc said an initial public offering of 1250000 units is under way at 1.60 dlrs each through underwriters led by Jersey Capital Markets Group Inc. Reuter | ELECTRONIC CONTROL <ECSIU> INITIAL OFFER STARTS |
SEARS TO CLOSE CHICAGO DISTRIBUTION CENTER, LAY OFF UP TO 1,800 EMPLOYEES | |
Shr 73 cts vs 58 cts Shr diluted 69 cts vs 54 cts Net 1101000 vs 901000 Sales 33.0 mln vs 29.1 mln NOTE: Results include BMD of New England Inc from September 1 1986 purchase. Reuter | THUNANDER CORP <THDR> YEAR NET |
Tylan Corp said it renewed its eight mln dlr annual credit agreement with Bank of America and First Los Angeles Bank. The agreement includes a revolving credit line and a term loan through December 31 1987 both of which are secured by the assets of the company Tylan said. It said both lines bear interest at one pct ove... | TYLAN <TYLN> RENEWS CREDIT LINE |
Nacco Industries Inc said a group of utilities called the Capco group has taken actions to exercise its option to acquire the Quarto Mining Co unit of Naccos North American Coal Co. The purchase would be for about 10 mln dlrs and would if completed generate a substantial capital gain for Nacco the company said. The pri... | NACCO INDUSTRIES <NC> UNIT TO BE SOLD |
Porsche AG said its Porsche Cars North America Inc affiliate will raise prices of 1987 models starting with vehicles produced after April 30 an average of three pct on base prices and 2.5 pct on all options. It said new prices are 23910 dlrs for the 924S up from 22995 dlrs 27840 dlrs for the 944 up from 26775 dlrs 3085... | <PORSCHE AG> RAISING U.S. PRICES |
Valley Federal Savings and Loan Association said it appointed Joseph Biafora to the post of chairman and the companys president Donald Headlund was named to the additional post of chief executive. The new appointments follow the death of former chairman and chief executive Robert Gibson the company said. It said Biafor... | VALLEY FEDERAL <VFED> NAMES NEW OFFICERS |
Federal regulators said Dean Witter Reynolds Inc the brokerage subsidiary of Sears Roebuck and Co agreed to a censure to settle charges that it failed to fully report cash transactions. In a complaint which was issued simultaneously with the settlement the Securities and Exchange Commission charged Dean Witter the four... | SEARS <S> DEAN WITTER UNIT AGREES TO SEC CENSURE |
BankEast Corp said it has completed the acquisition of United Banks Corp in an exchange of 1.86 BankEast shares for each United share. It said the acquisition is worth about 11.3 mln dlrs. Reuter | BANKEAST CORP <BENH> COMPLETES ACQUISITION |
U.S. tin disposals should have little effect on an agreement reached last weekend by tin producing countries to limit group exports to 96000 tonnes in the year started March 1 a government official said. The agreement by the seven-member Association of Tin Producing Countries (ATPC) aimed to cut the world surplus and b... | U.S. SAYS TIN DISPOSALS WILL NOT AFFECT ACCORD |
Banner Industries Inc said it plans to accept for payment after the close of business today all the common shares of Rexnord Inc that were tendered under its 26.25 dlr per share tender offer. Banner said its offer for all of the roughly 20 mln shares of Rexnord it did not already own expired last Friday and will not be... | BANNER <BNR> TO ACCEPT REXNORD <REX> SHARES |
American Nursery Products Inc said it has purchased Heinis Nursery Inc of Miami which grows indoor foliage plants for wholesale distribution and had sales of 44720000 dlrs for the year ended August 31. Terms were not disclosed. Reuter | AMERICAN NURSERY <ANSY> MAKES ACQUISITION |
The U.S. Department of Transportation (DOT) has concluded that a ban on smoking on all domestic airline flights is not justified at this time. The department made known its conclusions in a report to Congress made public today on a recommendation by the National Academy of Sciences that such a ban be adopted. We agree ... | DOT REJECTS SMOKING BAN ON DOMESTIC FLIGHTS |
American Motors Corp said it will take steps to build a proposed new jeep vehicle at an unspecified alternative location after the weekend breakdown of talks with the United Automobile Workers union on a concessionary contract covering workers at AMCs Wisconsin operations. AMC spokesman Lloyd Northard told Reuters that... | AMC <AMO> SAYS STEPS TAKEN AFTER UAW TALKS FAIL |
Archive Corp said it signed an agreement under which <Microamerica> a value-added reseller of personal computers peripherals and supplies will distribute its Archive XL tape drive. Archive said Microamerica will carry both models of the XL drive a 40-megabyte 5.25-inch drive based on the QIC-40 standard that is comp... | ARCHIVE CORP <ACHV> SIGNS DISTRIBUTOR AGREEMENT |
InSpeech Inc said it has acquired Northwest Rehabilitation Inc and Len M. House and Associates and United Rehabilitation Inc for undisclosed terms. Northwest provides physical therapy services and has annual sales of about six mln dlrs and Houyse provides speech therapy services and has annual sales of about 4000000 dl... | INSPEECH <INSP> MAKES ACQUISITIONS |
SEARS TO TAKE 20 MLN DLR AFTER-TAX CHARGE IN FIRST QUARTER FOR RESTRUCTURING | |
Status Game Corp said it is introducing a new Video Bingo game that enables the player to buy up to four bingo cards and at the same time play against computer simulated bingo games. Reuter | STATUS GAME <STGM> TO INTRODUCE VIDEO BINGO |
VERSATILE UNIT HAS LETTER OF INTENT TO BUILD 320 MLN DLR ICEBREAKER FOR FEDERAL GOVERNMENT - OFFICIAL | |
Bayer AG of West Germany said it has acquired Wyrough and Loser Inc of Trenton a maker of rubbr processing chemicals for undisclosed terms. It said its Mobay Corp subsidiary will transfer its entire U.S. Rhein-Chemie Rheinau GmbH specialty chemicals business for the rubber plastics and lube oil industries to Wyrough an... | BAYER <BAYRY> MAKES U.S. ACQUISITION |
Eagle Entertainment Inc said it signed a 10-year management and consulting agreement with 47.5 pct owned <Performance Guarantees Inc> to manage the affiliates business and retain 90 pct of its revenues. PGI provides independent film producers and their investors or lenders with completion bonds which guarantee that ... | EAGLE ENTERTAINMENT <EEGL> TO MANAGE AFFILIATE |
Deputy oil ministers of the six-nation Gulf Co-operation Council (GCC) ended a meeting here after discussing co-ordination and co-operation in the oil field the Bahrain-based Gulf News Agency (GNA) said. The deputy ministers who declined to talk to reporters on the outcome of the 90 minute formal session later conclude... | GULF ARAB OIL MEETING ENDS |
Apple Computer Inc and AST Research Inc said they are offering two products that allow MS-DOS software compatibility with Apples new Macintosh SE and Macintosh II. Apple understands the importance of information sharing in multiple vendor environments said Apple Chairman John Sculley at a seminar where the new products... | APPLE <AAPL>, AST <ASTA> OFFER MS-DOS PRODUCTS |
Noland Co said February sales were off 2.3 pct to 29.4 mln dlrs from 300.1 mln dlrs a year earlier with year-to-date sales off 9.6 pct to 55.3 mln dlrs from 61.2 mln dlrs. The company blamed extremely disruptive winter weather in many of its markets. Reuter | NOLAND <NOLD> FEBRUARY SALES OFF TWO PCT |
The major U.S. Government bond brokers are likely to give in to pressure from regulators and investors within the next 18 months making their direct-dealing screens available to many of those firms that are not now eligible to receive them said Richard Lacy Chairman of Exco International Inc. Earlier today Exco said it... | GOVERNMENT BOND BROKER SEES WIDER DATA ACCESS |
European Community EC agriculture ministers struggled today to finalise new rules aimed at limiting sales into public cold stores of unwanted butter at high guaranteed EC prices diplomats said. The plan is the key element in a landmark accord to cut dairy output by 9.5 pct over two years agreed in outline last December... | EC MINISTERS STRUGGLE TO AGREE ON DAIRY CUTS |
 CORRECTION - CONTINENTAL ILL <CIL> In WASHINGTON story CONTINENTAL ILL. <CIL> TO RECHARACTERIZE LOSS please read in second paragraph ... to report the 425 mln dlrs together with other required loan loss provisions instead of singling it out as a separate item. .... Reverses previous. Reuter  | |
Sears Roebuck and Co said it will restructure its distribution operations resulting in a 20 mln dlr after-tax charge against earnings in its first quarter. The retailer on April 30 will close its major Chicago distribution center as the first part of the restructuring. A spokesman said up to 1800 workers will be affect... | SEARS <S> TO RESTRUCTURE DISTRIBUTION |
B.F. GOODRICH TO PHASE OUT SOME BUSINESSES, CUT STAFF BY 790 | |
Delta Air Lines Inc said it began service from Atlanta to Tokyo today. The carrier will fly single-plane through service departing daily from Atlanta and Tokyo five days a week it said. Reuter | DELTA AIR <DAL> BEGINS ATLANTA-TOKYO SERVICE |
Versatile Corps shipbuilding subsidiary has a letter of intent to build a 320 mln dlr polar icebreaker for the Canadian coast guard Transport Minister John Crosbie said. In a Vancouver address Crosbie said Versatile Pacific Shipyards Inc was the low bidder to build the Arctic Class 8 icebreaker but the company must mee... | VERSATILE TO BUILD POLAR ICE BREAKER |
Chrysler Financial Corp a unit of Chrysler Corp is raising 250 mln dlrs through an offering of notes due 1992 with a 7-5/8 pct coupon and par pricing said lead manager Salomon Brothers Inc. That is 93.5 basis points above the yield of comparable Treasury securities. Non-callable for life the issue is rated Baa-1 by Moo... | CHRYSLER <C> UNIT SELLS NOTES AT 7-5/8 PCT |
Privately-held Pantry Inc which operates 477 convenience stores in five Southeastern states said it has engaged Alex. Brown and Sons Inc <ABSB> to explore a possbile sale of the company. It said it expects to start talks with prospective acquirers shortly. The company said it has been approached by a number of parti... | <PANTRY INC> INB TALKS ON BEING ACQUIRED |
Qtr ends Dec 31 Shr profit three cts vs loss three cts Net profit 129000 vs loss 85000 Revs 4001000 vs 4347000 Avg shrs 3994347 vs 3769347 Nine mths Shr loss 75 cts vs profit 39 cts Net loss 2900000 vs profit 1753000 Revs 7472000 vs 15.3 mln Avg shrs 3845438 vs 4470275 NOTE: net 1986 includes tax gain carryforward from... | CONGRESS VIDEO GROUP INC <CVGI> 3RD QTR NET |
First Financial Management Corp said it revised the agreement under which it provides data processing services to First Union Corp of Georgia <FUNC>. The company said the revised agreement establishes specific minimum payments to be made by First Union and shortens the duration of the original pact by 16 months with... | FIRST FINANCIAL MANAGEMENT <FFMC> REVISES PACT |
Renouf Corp of New Zealand said it has decided to proceed with its offer for all outstanding units of Benequity Holdings at 31 dlrs per unit. The company had been required to redice by March Two whether to proceed with the offer or terminate it based on its ability to obtain financing and on its review of Benequity ope... | <RENOUF CORP> TO PROCEED WITH BENEQUITY <BH> BID |
Integrated Generics Inc said it is in the midst of several developments which could be favorable for the company but can make no further comments at the present time. The company said it released this brief statement in response to the American Stock Exchanges inquiry on the activity of the companys common stock which ... | INTEGRATED GENERICS <IGN> WILL NOT COMMENT |
Cuba has told international sugar operators who have bought its sugar for shipment in March that these contracts will take second place to Cubas direct shipments to its export markets dealers here said. Some traders who have received telexes from Cuba said the language of the message was not totally clear and some beli... | CUBA TELLS TRADERS SUGAR EXPORTS MAY BE DELAYED |
B.F. Goodrich Co said it will phase out the production of aircraft tires missile and marine products and molded rubber products in Akron Ohio by the end of 1987 laying off about 790 salaried production maintenance and support services employees. The company said layoffs will start within the next few weeks. Goodrich sa... | GOODRICH <GR> TO PHASE OUT SOME BUSINESSES |
Shr 73 cts vs 58 cts Net 1101000 vs 901000 Sales 32.9 mln vs 29.1 mln Note: Results include operations of BMD of New England Inc acquired Sept. 1 1986. Reuter | THUNANDER CORP <THDR> YEAR NET |
<Massachusetts Financial Services Co> said it has set the final income and capital gain distributions for <Trust for Thrift Institutions High Yield Series> of 1.069 dlrs and 7.645 dlrs respectively payable today. Reuter | FINAL TRUST FOR THRIFT INSTITUTIONS PAYOUT SET |
U.S. tin disposals should have little effect on an agreement reached last weekend by tin producing countries to limit group exports to 96000 tonnes in the year started March 1 a government official said. The agreement by the seven-member Association of Tin Producing Countries (ATPC) aimed to cut the world surplus and b... | (RPT) U.S. SAYS TIN DISPOSALS WILL NOT AFFECT ACCORD |
ROSPATCH TO RESPOND TO DIAGNOSTIC BID | |
Mthly div 7.1 cts vs 7.1 cts prior Pay March 31 Record March 16 NOTE: Franklin Insured Tax-Free Income Fund. Reuter | FRANKLIN INSURED TAX-FREE SETS PAYOUT |
Mthly div 6.6 cts vs 6.6 cts prior Pay March 31 Record March 16 NOTE: Franklin Minneosta Insured Tax-Free Income Fund. Reuter | FRANKLIN MINNESOTA INSURED SETS PAYOUT |
Mthly div 6.9 cts vs 6.9 cts prior Pay March 31 Record March 16 NOTE: Franklin Michigan Insured Tax-Free Income Fund. Reuter | FRANKLIN MICHIGAN INSURED SETS PAYOUT |
Mthly div 6.5 cts vs 6.8 cts prior Pay March 31 Record March 16 NOTE: Franklin Massachusetts Insured Tax-Free Income Fund. Reuter | FRANKLIN MASSACHUSETTS INSURED CUTS PAYOUT |
U.S. EXPORT INSPECTIONS, IN THOUS BUSHELS SOYBEANS 20,349 WHEAT 14,070 CORN 21,989 | |
Mthly div 6.5 cts vs 6.5 cts prior Pay March 31 Record March 16 NOTE: Franklin California Insured Tax-Free Income Fund. Reuter | FRANKLIN CALIFORNIA TAX-FREE SETS PAYOUT |
Diagnostic Products Corp president and chief executive officer Sigi Ziering said he expects to maintain the same compound average annal net income growth in 1987 as the company has for the past five years. We expect the same performance in net income over the next five years as we have had in the past Ziering said. Ove... | DIAGNOSTIC PRODUCTS <DPCZ> SEES EARNINGS GROWTH |
Currency fluctuations may reassert their influence on the bullion market in the near future bullion bankers Samuel Montagu and Co Ltd said in a market report. But the firm said silver may lag behind gold in any reactions to movements on foreign exchanges. OPECs failure to address the recent decline in oil prices remain... | CURRENCIES COULD INFLUENCE BULLION AGAIN-MONTAGU |
Shr 46 cts vs 42 cts Net 3418000 vs 3129000 Revs 24.7 mln vs 26.2 mln Reuter | DUNKIN' DONUTS INC <DUNK> 1ST QTR JAN 24 NET |
Shr profit two cts vs loss 12 cts Net profit 156726 vs loss 776000 Revs 1157883 vs 890138 Reuter | CCR VIDEO CORP <CCCR> 1ST QTR NOV 30 NET |
Mthly div 7.1 cts vs 7.1 cts prior Pay March 31 Record March 16 NOTE: Franklin Puerto Rico Tax-Free Income Fund. Reuter | FRANKLIN PUERTO RICO TAX-FREE SETS PAYOUT |
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