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comerica cmca raises prime rate comerica inc said it raised its prime interest rate to pct from pct effective april reuter
22
818
robertson ups capital wire cwcc stake to pct new york investor julian robertson and several investment partnerships he controls said they raised their stake in capital wire and cable corp to shares or pct of the total from or pct in a filing with the securities and exchange commission robertson and his tiger jaguar pum...
0
3,929
national hmo corp nhmo nd qtr jan shr loss nine cts vs profit nine cts net loss vs profit revs mln vs mln six months net loss vs profit revs mln vs mln note net loss includes writeoff of deferred start up costs totaling dlrs reuter
12
4,513
vanguard technologies international inc vti shr cts vs cts net vs revs mln vs year shr cts vs cts net vs revs mln vs mln reuter
12
6,259
bristol myers bmy reviewing scimed merger scimed life systems inc smls said bristol myers co is analyzing the pending lawsuit brought against scimed by advanced cardiovascular systems inc to determine whether to consummate its previously announced plans to merge with scimed the company said its was served the suit in m...
0
2,787
cocoa working group meeting delayed the international cocoa organization icco buffer stock working group meeting set for gmt today was rescheduled for icco delegates said the meeting was delayed so a draft compromise proposal on buffer stock rules could be completed they said icco executive director kobena erbynn was p...
4
5,841
delta air lines completes acquisition of western air
0
255
kapok corp kpk st qtr dec loss shr loss cts vs loss cts net loss vs loss revs vs avg shrs vs reuter
12
863
german economic outlook seen fairly bright the outlook for the west german economy is relatively bright with gross national product expected to expand by three pct this year kiel university s institute for world economy said the gnp forecast by the institute one of five leading economic research bodies in west germany ...
15
3,081
toys r us inc toy th qtr feb one net shr cts vs cts net mln vs mln revs billion vs mln mths shr dlrs vs cts net mln vs mln revs billion vs billion note net were restated to reflect three for two stock split on june reuter
12
4,200
nippon life shearson tie up seen setting trend nippon life insurance co s mln dlr purchase of a pct stake in shearson lehman brothers inc brokerage unit is a shrewd move that other japanese insurers are likely to follow securities analysts said the investment in one of wall street s top brokerage houses is likely to pa...
0
6,008
livingwell inc well year shr six cts vs three cts net mln vs mln revs mln vs mln note increase in earnings due to elimination of preferred dividend requirements reuter
12
6,375
west german oil meals cakes use up west german consumption of oilmeals and oil cakes last year rose by pct to mln tonnes the agriculture ministry said it said in a statement the increase was exclusively due to sharply higher use of rape products which went up by pct to mln tonnes use of soy products dropped pct to mln ...
31
5,385
olson industries olsn to sell egg operations olson industries inc said it signed a letter of intent to sell substantially all of its remaining egg operations to sunny fresh foods inc olson said it expects to receive about nine mln dlrs from a combination of a sale of tangible assets to sunny fresh and realization of in...
0
6,013
coffee futures under dlr a pound at six year low coffee futures dipped further and closed below one dlr a pound for the first time in six years coffee for delivery in may ended at cents a pound on the new york coffee sugar and cocoa exchange down cent and the lowest price since august prices have fallen steadily since ...
5
61
u s bank discount borrowings mln dlrs u s bank discount window borrowings less extended credits averaged mln dlrs in the week to wednesday february the federal reserve said the fed said that overall borrowings in the week fell mln dlrs to mln dlrs with extended credits up mln dlrs at mln dlrs the week was the second ha...
33
581
alcan al to close west german smelter alcan aluminium ltd is closing its aluminum smelter in ludwigshafen west germany this june due to high operating costs an alcan spokesman said the smelter near frankfurt had annual capacity of about metric tons but was operating at about half that in january spokesman fernand lecle...
1
3,217
service corp international srv sets quarterly qtly div eight cts vs eight cts prior pay april record april reuter
12
3,114
air canada to comment on gelco gec unit report state owned air canada said it will make a statement at est concerning a published report that the airline has agreed to acquire gelco corp s canadian unit gelco express ltd an air canada spokesman said the spokesman declined to comment on the toronto globe and mail report...
0
1,721
associates corp of north america st qtr net qtr ended jan net mln dlrs vs mln dlrs revs mln vs mln note revs include investment and other income of mln dlrs vs mln dlrs company is wholly owned by gulf and western corp gw reuter
12
490
royal bank of canada st qtr shr cts vs dlrs
12
4,602
c i l acquiring trimac s stake in tricil c i l inc said it would exercise its right to acquire trimac ltd s stake in their jointly owned tricil ltd for mln dlrs with closing expected may c i l added that the final price could be less however depending on an ontario court ruling resulting from a previously reported lega...
0
697
piedmont aviation pie board to meet today piedmont avaition inc s board of directors will conduct a special meeting beginning at est today a piedmont spokesman said the spokesman would not say what was on the agenda in mid february piedmont said its board would meet to discuss all proposals to acquire the company its b...
0
1,992
dayton hudson corp th qtr oper shr dlrs vs dlrs
12
2,768
southeast china crops saved by heavy rain the heaviest rains for seven months are believed to have saved more than one mln hectares of drought threatened crops in southeast china the official new china news agency said this week s rains have alleviated drought conditions in guangdong province the agency said china has ...
17
6,296
iroquois brands ibl rebuffs lyon foods claims iroquois brands ltd said it has been sued by lyon food cos inc which is seeking mln dlrs in damages in connection with the april nine mln dlrs purchase of iroquois former specialty food products segment iroquois said that based upon the defenses it will assert it does not b...
0
5,755
sun alliance pretax profit mln stg vs mln for
12
4,381
hayes albion hay completes going private deal hayes albion corp said its shareholders approved a plan to merge with and become a wholly onwed subsidiary of privately held harvard industries inc st louis based harvard industries a manufacturer and distributor of automobile supplies held pct of hayes following completion...
0
747
unicorp canada uni a cuts purolator pcc stake unicorp canada corp told the securities and exchange commission it cut its stake in purolator courier corp to shares or pct of the total outstanding from shares or pct unicorp a management and investment holding company controlled by its chairman george mann said it sold pu...
0
5,784
ransburg corp rbg st qtr feb loss oper shr loss cts vs profit one ct oper net loss vs profit revs mln vs mln note earnings exclude gains from utilization of tax loss carryforwards of dlrs or one ct a share vs dlrs or three cts a share reuter
12
2,783
commercial international cmmc makes purchase commercial international corp said it has completed the previously announced acquisition of most of the assets of growers distributing international corp a table grape marketer for an undisclosed amount it said the entire purchase price will be payable over a three year peri...
0
3,673
standard bank unable to make earnings forecast standard bank investment corp ltd sprj j chairman henri de villiers said he could not predict profits for the bank this year because of south africa s continuing political unrest de villiers also warned in the annual report that failing prompt and decisive political action...
12
1,433
twa twa declines comment on usair u a transworld airlines inc official said the airline has no comment on usair group inc s planned buyout of piedmont aviation inc twa however has pursued its application with the department of transportation for a takeover of usair according to mark buckstein twa general counsel and vi...
0
6,401
emery air freight said hutton group ends offer for purolator courier
0
6,019
u s feed situation summary report delayed the u s agriculture department said its summary report on the feed situation and outlook scheduled for release april has been delayed until may the department said the delay will enable analysts to incorporate into the report usda s first supply and demand estimates for the mar...
31
4,398
resorts international gets buyout proposal from ksz co inc
0
819
twa twa tangles piedmont pie situation trans world airlines inc complicated the bidding for piedmont aviation inc by offering either to buy piedmont suitor usair group or alternatively to merge with piedmont and usair piedmont s board was meeting today and wall street speculated the board was discussing opposing bids f...
0
416
unilever improves in most sectors during the unilever plc and nv un a group saw improved performance in almost all sectors during the anglo dutch group said in its results statement very good progress was made last year while the recent acquisition of chesebrough pond s inc cbm n was a significant addition which will g...
12
6,446
volcker says fed policy not linked to rate rise federal reserve board chairman paul volcker said that he did not believe there was a connection between the fed s policies and the recent rise in the prime interest rate by most major u s banks asked by reporters following testimony before the senate banking committee whe...
22
1,376
national westminster bank cuts base rate national westminster bank plc said it has cut its base lending rate percentage points to pct today national westminster said it was responding to general easing in money market rates its move followed a signal from the bank of england earlier this afternoon that it would endorse...
22
640
dow chemical dow to sell south african unit dow chemical co said it has agreed in principle to sell its industrial chemicals and plastics business interests in south africa and related assets to a group of south african investors for undisclosed terms completing the sale of the company s south african assets dow said i...
0
6,402
noranda buys shares of sanivan group noranda inc said it agreed to buy an initial treasury shares of sanivan group inc at dlrs per share noranda also has an option until june to acquire an additional sanivan treasury shares at dlrs per share sanivan is the largest hazardous waste management company in canada reuter
0
194
medco containment mccs sets initial payout medco containment services inc said its board declared an initial annual dividend of cts per share its first payout payable march to holders of record march reuter
12
257
tranzonic cos tnz sets quarterly qtly div cts vs cts prior pay april record march reuter
12
6,188
k mart km selling kresge to mccrory k mart corp said it agreed to sell most of the u s kresge and jupiter stores to mccrory corp a subsidiary of privately held rapid american corp it said the agreement covers stores in states including inventory and fixtures the price depends on the amount of the inventory that will be...
0
109
n z money supply rises pct in december new zealand s broadly defined seasonally adjusted m money supply grew an estimated pct in december after rising a revised pct in november and pct in december last year the reserve bank said in a statement it said unadjusted m increased to an estimated billion n z dlrs from a revis...
33
970
engelhard corp ec sets stock split engelhard corp said its board declared a three for two stock split and raised the quarterly dividend to cts per share presplit from cts both payable march to holders of record march reuter
12
4,267
petrie stores corp pst th qtr jan net shr cts vs cts shr diluted cts vs cts net mln vs revs mln vs mln avg shrs mln vs mln avg shrs diluted mln vs mln year shr dlrs vs dlrs shr diluted dlrs vs dlrs net mln vs mln revs billion vs billion avg shrs mln vs mln avg shrs diluted mln vs mln reuter
12
980
shad favors shortening disclosure period securities and exchange commission chairman john shad said the sec favors shortening the current day period for disclosing takeover attempts but opposes putting restrictions on the use of so called junk bonds we favor shortening the disclosure period to two days shad told member...
0
2,271
correction two brazil shipping firms settle in today s sao paulo story headlined two brazilian shipping firms settle with strikers please read in second para offer from the companies global and flumar instead of offer from the companies globo and flumar corrects name of first company reuter
43
3,426
waste management wmx to raise chemlawn chem bid waste management inc said it sent a letter to the chemlawn corp board saying it is prepared to increase its bid for chemlawn to dlrs a share from dlrs if chemlawn promptly negotiates and executes a simple two step merger agreement containing only essential covenants and c...
0
798
south african foreign reserves up sharply in feb south africa s total gold and foreign assets rose by mln rand in february to billion rand after rising by almost one billion rand in january reserve bank governor gerhard de kock said de kock interviewed on state run television gave no breakdown of the reserves he also s...
40
3,015
php healthcare corp phph rd qtr jan net shr cts vs cts net vs revs vs avg shrs vs nine mths shr cts vs cts net vs revs mln vs mln avg shrs vs note net includes tax credits of dlrs vs dlrs for qtr and dlrs vs dlrs for nine mths reuter
12
4,041
greece seeking ec sugar next month at tender greece will hold a buying tender on april for reply by april for tonnes of white sugar from ec member countries for delivery in four equal tranches in may june july and august traders said reuter
45
3,046
klm denies press report of air atlanta takeover nv klm royal dutch airlines klm as is absolutely not negotiating a takeover of u s regional carrier air atlanta a klm spokeswoman said in a comment on an article in the leading dutch evening paper nrc handelsblad u s law requires that at least pct of shares in a u s airli...
0
3,403
nippon life seeking tie with u s securities house nippon life insurance co is pursing a possible link with an american securities house to expand its overseas investment portfolio a company spokesman said but he declined to comment on rumours the company would take a pct stake in shearson lehman brothers an investment ...
0
1,784
j p morgan and co inc jpm sets quarterly dividend cts vs cts previously pay april record march reuter
12
4,858
first interstate seeks acquisition less than two months after first interstate bancorp withdrew its bold attempt to buy bankamerica corp chairman joseph pinola is still looking for a good buy but he is also looking at ways to avoid being bought in a wide ranging interview pinola said he s looking for ways to improve pr...
0
3,800
generale de banque heller buy factoring unit generale de banque sa genb br and heller overseas corp of chicago have each taken pct stakes in factoring company sa belgo factors generale de banque said in a statement it gave no financial details of the transaction sa belgo factors turnover in was billion belgian francs r...
0
5,002
jardine matheson plans four for one bonus issue jardine matheson holdings ltd jard hkg said it planned a bonus issue of four new b shares of h k cents each for every ordinary share of par value two dlrs a company statement said the firm expects to pay a total dividend of four cents per b share while the a share dividen...
12
2,872
federated department stores inc fds th qtr jan end shr dlrs vs dlrs net mln vs mln sales billion vs billion avg shrs mln vs mln year oper shr dlrs vs dlrs oper net mln vs mln sales billion vs billion avg shrs mln vs mln note latest year net excludes mln dlr charge from loss on early debt extinguishment net includes cha...
12
5,656
artra group inc ata th qtr oper loss oper shr loss dlrs vs loss dlrs oper net loss vs loss revs mln vs mln avg shrs vs year oper shr profit cts vs loss dlrs oper net profit vs loss revs mln vs mln avg shrs vs note excludes loss of mln dlrs vs loss mln dlrs in qtr and gain dlrs vs loss mln dlrs in year from discontinued...
12
741
s korean trade surplus with u s seen falling south korea s record billion dlrs trade surplus with the u s is bound to diminish as the country switches purchases from japan in favor of u s companies trade minister woong bae rha said he rejected suggestions the korean won is undervalued and denied any plans for a drastic...
48
3,166
craftmatic contour crcc sees higher profits craftmatic contour industries inc said it would report substantial profits for the first quarter of fiscal ending march the company recorded net income of dlrs or cts per share on revenues of mln dlrs reuter
12
4,605
allied signal inc to sell linotype group to commerzbank of west germany
0
3,049
lawson says he favours gradual approach to cuts in u k interest rates
22
4,793
price co pclb nd qtr march net shr cts vs cts net mln vs mln sales mln vs mln avg shrs mln vs mln st half shr cts vs cts net mln vs mln sales billion vs billion avg shrs mln vs mln note twelve and week periods reuter
12
5,114
gros denies court action against brazil central bank president francisco gros denied rumours that foreign creditors had filed court actions against brazil to seek payment of its billion dlr debt there is no court action against brazil gros said in a television interview brazil last month suspended interest payments on ...
22
6,249
diversified human resrouces group hire year shr loss five cts vs profit cts net loss vs profit revs mln vs mln note includes extraordainy credit of cts reuter
12
1,301
healthcare services hsai sees write offs healthcare services of america inc said it will write off about mln dlrs in non recurring expenses in it also said it expects income from operations to be about breakeven for and the estimated loss for the year to be about the same as the writeoffs results will be released by ma...
12
3,660
kirin brewery co ltd knbw t year to january parent shr yen vs div yen vs net billion vs billion current billion vs billion operating billion vs billion sales billion vs billion outstanding shrs mln vs mln note dividend included two yen bonus dividend to mark th anniversary company forecast for current year is parent sh...
12
217
shell canada cuts crude oil prices by up to canadian dlrs bbl effective march one
10
4,713
latin oil producers to meet in caracas five regional oil producing nations will gather in caracas tommorrow for a two day meeting expected to center on ways to combat proposals for a u s tax on imported petroleum the venezuela s ministry of energy and mines said oil ministers from mexico trinidad and tobago ecuador and...
10
3,739
russ togs inc rts sets quarterly qtly div cts vs cts prior pay april record april one reuter
12
2,935
u s warns of dependence on foreign oil a white house ordered report said that growing u s reliance on foreign oil into the year could have potentially damaging implications for national security the energy department study discusses several options to curb reliance on foreign oil but makes no recommendations president ...
10
4,303
gnb joins in leveraged buyout of french unit gnb inc said it joined with the management of the french company compagnie francaise d electro chimie to purchase the company for an undisclosed amount the french company which produces lead acid batteries had sales in of mln dlrs gnb said reuter
0
3,456
blockbuster entertainment bbec selling unit blockbuster entertainment corp said it will sell its investment in amtech corp to the company chairman david cook and president kenneth anderson the company said the sale is taking place because amtech is not compatible with blockbuster s main line of business will require su...
0
1,666
novo industri earnings fall despite increased sales danish based insulin and enzymes producer novo industri a s nvo co said pre tax earnings fell almost pct in though sales rose by two pct the pre tax figure fell to mln crowns from mln in on sales increased from billion to billion giving net earnings of mln crowns agai...
12
2,080
canadian imperial bank of commerce cuts prime rate to pct from tomorrow
22
884
pegasus gold inc pgulf rd qtr dec net shr profit cts vs loss two cts net profit vs loss revs vs nine mths shr profit cts vs loss cts net profit vs loss revs mln vs mln reuter
12
3,273
auditors lift qualification on ps indiana pin auditors for public service co of indiana inc lifted a qualification in effect for two years on its financial results according to the company s annual shareholders report psi s report was qualified in and when its auditors arthur andersen and co questioned the utility s ab...
12
4,593
basf corp year net net mln dlrs vs mln sales billion vs billion note wholly owned by basf ag of west germany reuter
12
2,112
brown transport btcu declares first payout brown transport co inc said its board declared an initial quarterly dividend of four cts a share payable april to stockholders of record march reuter
12
3,506
french institute pessimistic on growth french gross domestic product will grow by only pct in real terms this year compared with the government s forecast of two to pct growth the private institut des previsions economiques et financieres pour le developpement des entreprises ipecode said however it expects growth to r...
15
4,805
foote mineral to merge into rio tinto foote mineral co said it signed a letter of intent to merge into rio tinto zinc corp plc for cash foote pct owned by newmont mining corp said newmont has informally indicated it would vote in favor of the rio tinto proposal foote said terms of the agreement including price for the ...
0
3,855
first financial ffmc acquires tel a data first financial management corp said it acquired the data processing contracts and certain related assets of tel a data l p for about mln dlrs cash plus the assumption of certain liabilities of about mln dlrs tel a data serves about bank and thrift institutions through a process...
0
484
home federal of the rockies hrok th qtr loss shr loss dlrs vs profit cts net loss vs profit year shr loss dlrs vs profit cts net loss vs profit note home federal savings and loan association of the rockies net includes tax credits of dlrs in quarter and dlrs in year net includes pretax loan loss provisions of dlrs vs d...
12
3,875
vms mortgage investors vmtgz raises payout vms mortgage investors lp ii said it raised its first quarter cash dividend to cts from cts the prior quarter payable may to shareholders of record april one reuter
12
6,000
jem record inc jemr nd qtr jan shr three cts vs seven cts net mln vs revs mln vs mln six months shr five cts vs cts net vs revs mln vs mln reuter
12
3,412
first wisconsin fwb to make acquisition first wisconsin corp said it has agreed to acquire north shore bancorp inc of northbrook ill for dlrs in cash or slightly more than twice book value subject to approval by north shore shareholders and regulatory authorities the company said completion is expected in the third qua...
0
5,036
union miniere takes stake in pancontinental union miniere sa said in a statement that it has acquired an eight pct interest in pancontinental mining ltd pana s for a sum equivalent to billion belgian francs pancontinental operates gold and coal mines in australia and natural gas and oil fields in canada union miniere s...
0
2,028
ico board meeting delayed one day the international coffee organization ico executive board meeting scheduled for the end of this month has been delayed by one day and will now run from march to april and not march to april ico officials said on march the ico ad hoc working group will meet to consider management consul...
5
854
canon inc cann t year ended decmeber group shr yen vs net billion yen vs billion pretax billion yen vs billion operating billion yen vs billion sales billion vs billion note the company attributed the profit fall largely to the yen s appreciation during the period domestic sales rose pct to billion yen from a year earl...
12
2,522
endotronics endo expects loss for year endotronics inc said it expects to incur substantial losses for the second quarter ending march and fiscal year ending sept as one factor behind the anticipated loss endotronics cited a dispute by one of its japanese distributors yamaha inc over payment of a dlr promissory note in...
12
5,561
southwestern energy swn arkla alg set pact southwestern energy co said it reached an agreement with arkla energy resources for arkla to carry gas owned by southwestern subsidiaries under the agreement the interstate pipeline division of arkla inc will carry up to mln cubic feet of gas a day until dec and subject to cap...
34
2,489
endotronics sees heavy losses in qtr from withdrawal of japan distributor
12
4,641
vertex industries inc vetx nd qtr jan net oper shr loss three cts vs loss four cts oper loss vs loss revs vs six mths oper shr loss two cts vs loss two cts oper loss vs loss revs vs note current periods exclude net gain of dlrs from termination of retirement plan for salaried employees also excludes gain of dlrs from i...
12
5,591
chubb cb completes sovereign sovr buyout chubb corp said it completed the previously announced acquisition of sovereign corp under terms of the acquisition sovereign shareholders will receive in a tax free exchange share of chubb common for each sovereign share held chubb said the transaction was valued at dlrs a share...
0
3,237
fairchild president seeking management buyout fairchild semiconductor corp president donald brooks said he intends to take a management buyout proposal to the company s parent at some point in the future and substantial funding is available for such a purchase fairchild is owned by schlumberger ltd slb brooks also told...
0
6,173
nerco ner to acquire interest in gas filed nerco inc said it has agreed to acquire a pct working interest in the broussard gas field in southern louisiana from privately owned davis oil co for about mln dlrs in cash nerco said the interest being purchased will give it estimated proven oil and gas reserves equal to six ...
34