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reid ashman reas to divest test product unit reid ashman inc said it has decided to divest its test products division located in santa clara the company said it will entertain offers through march it also said steven reid a company founder and president of the test division has made an offer to purchase the unit the co...
0
407
beneficial corp to sell insurance unit removing company from insurance business
0
1,034
crude oil prices up as stocks output fall u s crude oil prices rose above dlrs a barrel this week and industry analysts said the price could rise another dollar as inventories fall opec is keeping its production down and in the cash market there is tight supply of crude with short transportation time to major refining ...
1
4,678
butler btlr to buy skylight manufacturer butler mfg co said it signed a memorandum of intent to acquire naturalite inc a manufacturer of skylights it said garland texas based naturalite had sales in of about mln dlrs terms were not disclosed reuter
0
5,467
seeq technology inc seeq nd qtr march shr profit eight cts vs loss dlrs net profit vs loss revs mln vs avg shrs vs six mths shr loss nine cts vs loss dlrs net loss vs loss revs mln vs mln avg shrs vs reuter
2
1,115
two hundred feared dead in ferry disaster about people are feared dead after a british cross channel ferry rolled on its side off the belgian coast last night but almost passengers were plucked to safety from the ice cold sea belgian transport minister herman de croo told reporters i fear the dead could be in hundreds ...
6
1,582
jacobs suchard ag jacz z year net mln swiss francs vs mln turnover billion vs billion dividend per bearer vs francs francs per registered vs francs francs per participation certificate vs francs cash flow mln vs mln note confirms forecast of results issued in january operating profit mln vs mln depreciation mln up pct ...
2
511
c t c dealer extends bid for canadian tire c t c dealer holdings ltd said it extended its previously announced offer for pct of canadian tire corp ltd to midnight on march ctc a group of canadian tire dealers which already owns pct of canadian tire is currently appealing in an ontario court against a previously announc...
0
3,645
nestle to acquire nabisco canada businesses swiss based nestle s a s nestle enterprises ltd unit said it signed a letter of intent to acquire nabisco brands ltd s club melrose dickson and chase and sanborn businesses for undisclosed terms nestle said the final agreement subject to required approvals would be signed sho...
0
3,266
oe inc th qtr net shr cts vs cts net mln vs mln revs mln vs mln year shr cts vs cts net mln vs mln revs mln vs mln avg shrs mln vs mln reuter
2
3,453
seismic enterprises inc seis th qtr loss shr loss eight cts vs profit cts net loss vs profit revs vs year shr loss five cts vs profit cts net loss vs profit revs vs avg shrs vs reuter
2
124
financial santa barbara fsb to make purchase financial corp of santa barbara said it has signed a definitive agreement to purchase stanwell financial the lending operations unit of mortgage banking company stanwell mortgage for undisclosed terms reuter
0
2,059
calny clny gets bid from pepsico pep calny inc said it has received an offer to be acquired by pepsico inc which already owns pct of calny stock for dlrs per share subject to approval by pepsico and calny boards and calny shareholders the company said its board intendsd to schedule a meeting in the near future to revie...
0
3,883
national computer systems inc nlcs th qtr net shr cts vs cts net vs revs mln vs mln avg shrs mln vs mln year shr cts vs cts net vs revs mln vs mln avg shrs mln vs mln reuter
2
5,461
seagate technology sgat rd qtr march net shr cts vs cts net vs sales mln vs mln avg shrs vs nine mths shr dlrs vs cts net vs sales mln vs mln avg shrs vs reuter
2
550
sun raises crude oil postings one dlr across board wti now dlrs bbl
1
5,130
mellon mel sees large first quarter loss mellon bank corp said it expects to report a loss for the first quarter in the range of mln to mln dlrs or to dlrs a share the company also said it intends to reduce its second quarter common stock dividend to cts a share from cts mellon said it will make a provision for loan lo...
2
108
exco buys u s government securities broker exco international plc a subsidiary of british and commonwealth shipping co plc bcom l said it had agreed in principle to buy an pct stake in rmj holdings corp for about mln dlrs exco chairman richard lacy told reuters the acquisition was being made from bank of new york co in...
0
941
offshore investment firm ups france fund stake vbi corp an offshore based investment firm told the securities and exchange commission it raised its stake in the france fund inc frn to shares or pct of the total from or pct vbi which is based in turks and caicos islands the british west indies said it bought the additio...
0
270
whitehall corp wht th qtr net shr cts vs cts net vs revs vs year shr cts vs dlrs net vs revs mln vs mln reuter
2
3,246
goody good to sell unit to union camp ucc goody products inc said it entered into an agreement to sell its j and p b myers packaging business to union camp corp to focus on its consumer products and automated distribution system businesses terms of the agreement were not disclosed reuter
0
2,341
mcrae industries inc mri b nd qtr jan net shr cts vs three cts net vs revs vs six mths shr cts vs cts net vs revs mln vs reuter
2
1,686
bancroft bcf sues zico zico investment holdings inc said that bancroft convertible fund inc filed suit seeking to enjoin zico s dlr a share tender offer for bancroft shares in its complaint bancroft said the tender offer materials and letters to shareholders are false and misleading and that the tender offer violates t...
0
2,734
corrected bankers trust new york bt payout qtly div cts vs cts prior pay april record march note full name bankers trust new york corp company corrects pay date april not april in story that ran yesterday reuter
2
4,138
bp bp offer raises expectations for oil values british petroleum plc s plan to pay billion dlrs for less than half of standard oil co has signalled higher values in the u s oil patch analysts said i think that bp s bid is a very strong affirmation and clear signal that they have confidence in the u s and they think the...
1
3,059
komatsu ltd komt t year group shr yen vs net billion vs billion pretax billion vs billion operating billion vs billion sales billion vs billion note company forecast for current year is group net billion on sales of billion reuter
2
2,653
cont l illinois cil sees impact from tax reform the tax reform act of will have a substantial impact on continental illinois corp the company s annual report says one provision repeals the reserve method of providing for bad debts for banks with over mln dlrs in assets and requires that tax loan loss reserves taken in ...
2
2,231
amcast industrial corp acst nd qtr net qtr ends march one shr profit cts vs loss cts net profit vs loss mln revs mln vs mln avg shrs vs six mths shr profit cts vs loss net profit vs loss mln revs mln vs mln avg shrs vs note figures for qtr and year prior include pre tax restructuring charge of mln reuter
2
38
liberty all star usa sets initial payout liberty all star equity fund said it declared an initial dividend of five cts per share payable april two to shareholders of record march it said the dividend includes a quarterly dividend of three cts a share and a special payout of two cts a share which covers the period from ...
2
1,555
kiena gold mines ltd th qtr net shr cts vs cts net vs revs vs year shr dlrs vs cts net vs revs mln vs mln reuter
2
307
comalco ltd net profit mln dlrs vs loss mln
2
4,585
penney jcp sets stock split raises quarterly j c penney co inc said its board declared a two for one stock split and raised the quarterly dividend cts per share on a presplit basis to cts both are payable may one to holders of record april reuter
2
2,559
dixons has pct of cyclops corp dixons group plc dxns l said its tender offer for all of the common shares in cyclops corp of the u s expired at midnight yesterday and that it had accepted approximately mln shares in the company at dlrs each this represents just over pct of the outstanding shares on a fully diluted basi...
0
359
video display vide to sell cable tv unit video display corfp said it has reached a tentiative agreement to sell its existing cable television business for undisclosed terms and expects to report a gain on the transaction the buyer was not named the company said it will redeploy its service assets into manufacturing and...
0
351
transform logic toog revises results downward transform logic corp said it has revised downward its previously reported fourth quarter and year ended october results to reflect compensation expense for employee stock options the company said resolution of this disagreement with its auditors came as a result of securiti...
2
166
premdor inc th qtr net shr cts vs cts net vs revs mln vs mln year shr dlrs vs cts net vs revs mln vs mln reuter
2
896
inter city gas corp th qtr shr cts vs cts
2
3,163
affiliated publications afp to buy billboard affiliated publications inc said it agreed to acquire all the outstanding stock of billboard publications inc for mln dlrs in cash from a shareholder group led by boston ventures limited partnership affiliated which owns the company that publishes the boston globe said the a...
0
5,282
hutton efh still interested in purolator pcc e f hutton lbo inc is still interested in an acquisition of purolator courier corp and is examining the possibility of raising its dlr per share offer an e f hutton spokesman said hutton s offer was topped by a dlr per share offer from emery air freight corp eaf earlier this...
0
1,188
united auto workers union says it supports chrysler amc merger
0
13
handy and harman hnh th qtr loss shr loss cts vs loss three cts net loss vs loss rev mln vs mln months shr loss cts vs profit cts net loss vs profit rev mln vs mln note net loss for th qtr includes charge for restructuring of mln dlrs after tax or cts a share net loss includes after tax special charge of mln dlrs or ct...
2
2,656
fhlmc frepr th qtr net net mln vs mln year shr preferred dlrs vs dlrs shr common dlrs vs dlrs net mln vs mln note federal home loan mortgage corp fhlmc had preferred shares outstanding in vs in owned by about member institutions of the federal home loan banks fhlmc also has shares of common owned by the home loan banks...
2
3,908
belgium plans to outlaw insider trading a belgian finance ministry spokesman said new rules planned on insider trading would enable offenders to be fined and imprisoned for up to a year and be compelled to forfeit gains the new rules require parliamentary approval and government sources said it was unclear when they wo...
0
828
ducommun inc dco sells division ducommun inc said it sold its airdrome parts co division to a group of investors headed by airdrome s management for a cash price of mln dlrs ducommun said the sale coupled with its sale last month of metermaster were steps taken to improve the company s balance sheet and that no further...
0
2,920
colonial commercial corp ccom th qtr net shr not given oper net profit vs loss revs vs year shr not given oper net profit vs loss revs vs note earnings from on benefit preferred shareholders until preferred shareholders equity equals or exceeds liquidating and mandatory redemption values reuter
2
3,543
prudential corp plc prul l year shr p vs p adjusted div p making p vs p adjusted pretax profit mln vs mln tax and minorities mln vs mln profit attributable mln vs mln pretax profit includes long term business mln vs mln general insurance business underwriting loss mln vs mln investment income mln vs mln trading loss ml...
2
1,110
dot dismisses twa twa usair u application the u s department of transportation dot said it dismissed on technical grounds an application by trans world airlines inc for dot approval for it to take control of usair group the dot added however that twa was free to refile when it could put together an application for cont...
0
1,263
united brands inc th qtr shr profit six cts vs loss cts
2
3,593
commercial metals co cmc nd qtr feb net shr cts vs cts net vs revs mln vs mln avg shrs vs st half shr cts vs cts net vs revs mln vs mln avg shrs vs reuter
2
3,496
quaker oats oat sells unit to keystone the quaker oats co said it sold its vernell s fine candies inc unit to privately held keystone partners inc for an undisclosed price the company said vernells had sales of around mln dlrs in the year ended in august quaker oats acquired vernells in august when it purchased golden ...
0
2,738
doe secretary proposes oil tax incentives energy secretary john herrington said he will propose tax incentives to increase domestic oil and natural gas exploration and production to the reagan administration for consideration these options boost production while avoiding the huge costs associated with proposals like an...
1
3,005
asea group aseay sees flat earnings asea group the diversified industrial concern based in vasteras sweden said it expects earnings after financial income and expense to be flat compared with when it earned billion swedish crowns or mln dlrs a company spokesman said results were boosted significantly by the booking of ...
2
804
amoskeag bank amkg to acquire entrepo amoskeag bank said it signed an agreement to acquire entrepo financial resources inc a philadelphia based company which leases and remarkets high technology equipment terms of the acquisition were not disclosed it said entrepo has assets of mln dlrs reuter
0
3,494
sprint optimistic despite losses us sprint the telephone venture of gte corp gte and united telecommunications inc ut set up last june is optimistic despite expecting to report a net loss of about mln dlrs this year david m holland president of us sprint s dallas based southwest division told reuters in an interview th...
2
2,519
api says distillate gas stocks off in week distillate fuel stocks held in primary storage fell by mln barrels in the week ended march to mln barrels from a revised mln the previous week the american petroleum institute api said in its weekly statistical bulletin the oil industry trade group said gasoline stocks fell ml...
1
1,978
weyerhaeuser wy sees higher earnings weyerhaeuser co said it should have significant increases in earnings in and should be another very good year weyerhaeuser reported earnings of mln dlrs or dlrs per share on billion dlrs in revenues anticipated improved cash flows will allow the company to invest and acquire much mo...
2
242
green tree acceptance inc gnt sets dividend qtly dividend cts vs cts pay march record march reuter
2
510
nippon steel invests mln dlrs in gtx corp gtx corp said nippon steel co of japan in a move to diversify into high technology invested eight mln dlrs in gtx nippon s move was the result of current exchange rates and the revaluation of the yen which have made the u s electronics industry an attractive investment opportun...
0
4,175
valley federal vfed splits stock two for one valley federal savings and loan association said its board declared a two for one stock split for its common stock the split will be effected in the form of a pct stock dividend to be issued april to stockholders of record march reuter
2
1,830
london floating rate note prices open sharply lower dealers say
4
807
eastman kodak acquires pct interest in enzon inc
0
2,765
no immediate plans to close refinery esso saf esso saf essf pa the french subsidiary of exxon corp xon said it had no immediate plans to shut down one of its two refineries exxon s new president lee r raymond said earlier that it could decide to close a french refinery an esso saf spokesman said a closure was a hypothe...
1
1,928
argyll energy corp year loss shr loss dlrs vs profit cts net loss vs profit revs vs note shr and net after dlr writedown on property and other assets reuter
2
4,715
sterling drug sty sells assets of subsidiary sterling drug inc said it sold the assets of its subsidiary greene dental products inc to rinn corp of elgin ill the cash purchase price was not disclosed greene produces and sells dental x ray tabs mount products and record systems reuter
0
1,725
united stationers inc ustr sets dividend qtly dividend six cts vs six cts pay april record march reuter
2
3,729
computer identics corp cidn th qtr shr loss cts vs loss cts net loss mln vs loss revs mln vs mln year shr loss cts vs loss cts net loss mln vs loss revs mln vs mln note includes restructuring charges of mln dlrs and loss of foreign affiliates of mln dlrs includes loss from foreign affiliates of dlrs reuter
2
2,297
harris ups centerre bancorp ctbc stake harris associates l p a chicago investment advisor said it raised its stake in centerre bancorporation to shares or pct of the total outstanding from shares or pct in a filing with the securities and exchange commission harris said it bought centerre common shares between jan and ...
0
2,142
mrs fields plans to open more stores u s based speciality food retailer mrs fields inc which earlier announced pre tax profits of mln dlrs in against mln in said it plans further growth this year with the opening of new stores in the u s the company which is quoted on london s unlisted securities market usm said it als...
2
2,933
i t l industries ltd st qtr feb net oper shr loss two cts vs profit three cts oper net profit dlrs vs profit revs mln vs eight mln note dividends on preferred shares dlrs vs dlrs oper net excludes gains on tax loss carryforward of dlrs vs dlrs reuter
2
2,964
excel bancorp xcel sets initial dividend excel bancorp inc said its board declared an initial dividend of cts per share payable april to holders of record on april six reuter
2
240
nymex will expand off hour trading april one the new york mercantile exchange set april one for the debut of a new procedure in the energy complex that will increase the use of energy futures worldwide on april one nymex will allow oil traders that do not hold a futures position to initiate after the exchange closes a ...
1
4,203
tektronix inc tek quarterly dividend qtly div cts vs cts pay may record april note previous dividend restated to reflect january two for one stock split reuter
2
750
trelleborg take larger slice of boliden swedish tyres process equipment and components firm trelleborg ab said it was taking a larger stake in mining and metals concern boliden ab blds st than it had originally intended trelleborg had previously announced it was exercising an option to acquire up to pct of boliden s vo...
0
1,895
manufactured homes inc mnh year net shr cts vs cts net vs revs mln vs mln note net includes dlr provision for credit loss net includes charge dlrs from cumulative effect of accounting change reuter
2
3,573
princeville pvdc gets letter of credit qintex ltd of brisbane said westpac banking corp of australia has issued a commitment letter to provide princeville development corp with the letter of credit required under qintex s proposed acquisition of princeville the letter of credit would ensure payment of princeville s con...
0
2,397
dudley taft raises bid for taft broadcasting tfb dudley taft and narragansett capital inc said it was prepared to raise its bid to acquire taft broadcasting co to more than dlrs per share taft through theta co sent and letter to taft s board of directors stating he was committed to purchasing the broadcasting company a...
0
2,419
american cyanamid acy buys u k company american cyanamid co said it bought the pct interest of cyanamid fothergill ltd held by fothergill and harvey plc making the unit a wholly owned subsidiary the unit manufactures structural materials including advanced composites adhesives and aluminum honeycomb for the european sp...
0
1,270
general cinema corp st qtr oper shr cts vs cts
2
2,126
oppenheimer industries opp sees year loss oppenheimer industries inc said it expects to report a loss for the year ended january of about dlrs compared with a profit of dlrs a year before the company blamed the loss on the continuing depression in agriculture the discontinuance of several programs due to the passage if...
2
2,704
norstar nor fleet flt outline merger fleet financial group said that its board and the board of norstar bancorp have agreed to merge the two bank holding companies in a transaction which would create a billion dlr asset bank holding company under terms of the transaction each norstar shareholder will receive shares of ...
0
2,666
hunt manufacturing co hun st qtr net ended march shr cts vs cts net vs revs mln vs mln avg shrs vs reuter
2
1,905
national pizza co piza to acquire restaurants national pizza co said it reached an agreement in principle to buy seven straw hat pizza restaurants and certain related real estate for approximately three mln dlrs in cash the acquisitions will be converted to pizza hut restaurants said national pizza and are expected to ...
0
4,533
dome mines ltd dm th qtr net shr profit cts vs loss three cts net profit vs loss revs mln vs mln year shr profit cts vs profit cts net profit mln vs profit mln revs mln vs mln note fl yr net includes extraordinary gain of mln dlrs from investment sales gain on share issue by pct owned campbell red lake mines ltd crk an...
2
3,531
canada outlines gatt agricultural reform plan canadian trade minister pat carney said that agricultural policies should not hurt world international trade and should therefore become more price responsive over time she told delegates at the informal meeting of trade ministers that this was one of five principles canada...
7
4,829
ajinomoto to buy out joint food venture partner ajinomoto co inc ajin t said it will sign around end april to buy the pct of knorr foods co ltd capitalised at four billion yen that it does not already own from its u s partner cpc international inc ajinomoto will also acquire pct each of cpc s two sales subsidiaries and...
0
4,422
oppenheimer has six pct of cyclops cyl oppenheimer the brokerage and investment subsidiary of oppenheimer group inc told the securities and exchange commission it has acquired shares of cyclops corp or pct of the total outstanding oppenheimer said it bought the stake in connection with risk arbitrage and other investme...
0
4,964
suntrust banks sti raises prime to pct suntrust banks said that sun banks in florida and trust co banks in georgia have raised their prime rate to pct from pct the company said the action is effective immediately reuter
4
77
texaco canada txc lowers crude postings texaco canada said it lowered the contract price it will pay for crude oil canadian cts a barrel effective today the decrease brings the company s posted price for the benchmark grade edmonton swann hills light sweet to canadian dlrs a bbl texaco canada last changed its crude oil...
1
3,192
cook united inc expects loss of mln dlrs for fiscal
2
4,782
dome petroleum takes writedowns totalling billion dlrs
2
1,594
bond corp international ltd nine mos to dec shr loss h k cents no comparison dividend nil no comparison net loss mln dlrs notes net excluded extraordinary losses mln dlrs property valuation reserve surplus mln dlrs results reflected trading in subsidiary humphreys estate group but excluded influence of a bulk of proper...
2
1,868
caesars world caw rejects sosnoff s offer caesars world inc said its board unanimously rejected a dlr a share takeover offer by new york investor martin t sosnoff caesars said sosnoff s offer to by all its outstanding shares of common stock was inadequate and not in the best interests of its shareholders the company re...
0
2,100
u k money market given mln stg late help the bank of england said it provided the money market with late assistance of around mln stg this takes the bank s total help today to some billion stg and compares with its estimated deficit of around billion reuter
5
4,013
uk feb trade deficit mln stg vs deficit mln in jan official
7
2,098
hongkong bank of canada st qtr jan net net mln vs not given note results not comparable with last year due to november acquisition of bank of british columbia subsidiary of hongkong and shanghai banking corp reuter
2
3,248
cyacq raises offer for cyclops to dlrs share from dlrs
0
3,233
justin industries inc jstn sets dividend qtly div cts vs cts prior pay april record march reuter
2
1,572
japanese purchase of u s high tech firm opposed commerce secretary malcolm baldrige has asked the white house to consider blocking the planned japanese acquisition of a major u s computer and semiconductor maker u s officials said yesterday the officials told reporters baldrige had serious concerns on national security...
0
2,263
smithkline skb aims for pct earnings raise smithkline beckman corp said it is pursuing a three point stragey that will achieve a pct annual increase in operating earnings throughout the remainder of the decade in smithkline earned mln dlrs or dlrs per share on revenues of billion dlrs the company said in its annual rep...
2
2,992
bombay cury bases growth on location costs bombay palace restaurants inc with its emphasis on location and low food costs expects its sales to increase pct to about mln dlrs from about mln dlrs in according to president sant s chatwal chatwal told members of the dallas financial community at a lunchtime briefing we go ...
2