text stringlengths 0 9.69k | target stringlengths 0 137 |
|---|---|
Chefs International Inc said it completed a private sale of nine mln units of its securities for 20 cts per unit for a total price of 1800000 dlrs. The company said each unit consisted of one share of Chefs common stock and one three-year warrant exerciseable to purchase one share of Chefs stock at 25 cents. The compan... | CHEFS <CHEF.O> COMPLETES PRIVATE SALE |
Shr four cts vs nine cts Net 125465 dlrs vs 245718 dlrs Revs 8.4 mln dlrs vs 7.8 mln dlrs Note:the fiscal year ended March 31 Reuter | NATIONAL VIDEO INC <NVIS.O> YEAR NET |
The Pentagon has stopped approving any new military contracts to Japans Toshiba Corp <TSBA.T> over a Toshiba subsidiarys transfer of submarine technology to the Soviet Union a senior defense official said. We are not approving any new contracts (with Toshiba) pending a satisfactory resolution of this entire matter D... | PENTAGON STOPS NEW BUSINESS WITH TOSHIBA |
Archer-Daniels-Midland Co denied a report that it is interested in acquiring International Minerals and Chemical Corp (IGL). We have no interest in International Minerals or any of its divisions a spokesman told Reuters. Weve had no conversations with them. USA Today reported that Archer-Daniels-Midland might be seekin... | ARCHER-DANIELS <ADM> DENIES RUMOR |
Shr 15 cts vs 10 cts Net 1790824 vs 1031602 Revs 14.0 mln vs 6.7 mln Nine mths Shr 41 cts vs 23 cts Net 4830513 vs 2296192 Revs 40.5 mln vs 15.4 mln Avg shrs 12.0 mln vs 10.5 mln Reuter | KAUFEL GROUP LTD (KGL.M) 3RD QTR NET |
One of several investor groups formerly associated with London investor Christopher Moran in his unsuccessful bid to take over Zondervan Corp last year said it cut its stake in the company to less than five pct. In a filing with the Securities and Exchange Commission the group led by investors Lawrence Altschul and Jam... | GROUP CUTS ZONDERVAN<ZOND.O> STAKE TO 3.8 PCT |
venezuela will seek 2.4 billion dollars in export financing during 1987 double the amount it received last year public finance director jorge marcano said. Marcano told reporters at the finance ministry yesterday that the 2.4 billion is part of a total package of 3.2 billion dlrs in new credits which venezuela will try... | VENEZUELA WANTS 2.4 BILLION DLRS EXPORT FINANCE |
America Pop Inc said it plans to build with its joint venture partner Puissant Group a 2.6 mln dlrs 120-unit Days Inn Motor Lodge at the Ohio State Fairgrounds in Columbus. Construction is expected to be completed in late October. The company also said it plans to complete by mid-October construction of a 60-unit Days ... | AMERICA POP INC <HOST.O> VENTURE TO BUILD HOTEL |
Noranda Inc said 1100 unionized workers at its 63 pct-owned Brunswick Mining and Smelter Corp lead-zinc mine in New Brunswick would start voting Monday on a tentative contract pact. Company official Andre Fortier said We are hopeful that we can settle without any kind of work interruption. Fortier added that Brunswicks... | NORANDA BRUNSWICK MINERS VOTE MONDAY ON CONTRACT |
President Reagans nominee as top policeman for the nations securities markets will inherit an agency challenged by an insider trading scandal wild stock price gyrations and a host of uncertainties stemming from the globalization of financial markets. David Ruder a 58-year-old Republican law professor at Northwestern Un... | NEW LEADER COMING TO U.S. SEC IN CHALLENGING ERA |
The Administration asked Congress to replace the U.S. tariff schedule with a new system to bring it into line with international tariff categories U.S. Trade Representative Clayton Yeutter said. The new system will add such items as fiber optics and more accurately define new composites items not widely traded when the... | U.S. ASKS CONGRESS TO REVISE TARIFF CATEGORIES |
Moodys Investors Service Inc said it affirmed 500 mln dlrs of debt of PNC Financial and units. Affirmed were Aa-2 senior debt of PNC Financial Corp and PNC Funding Corp AAA long-term deposits of Pittsburgh National Bank and Aa-2 long-term deposits of Citizens Fidelity Bank and Trust. Moodys cited PNCs announced special... | MOODY'S AFFIRMS PNC FINANCIAL <PNCF>, UNITS DEBT |
A group led by Chas. P. Young Co a subsidiary of Service Resources Corp said it cut its stake in Sorg Inc to 366700 shares or 16.7 pct of the total outstanding common stock from 385000 shares or 17.5 pct. In a filing with the Securities and Exchange Commission Young which yesterday withdrew its 23 dlr a share takeover ... | SERVICE RESOURCES<SRC> UNIT CUTS SORG<SRG> STAKE |
Audi of America Inc said it will increase prices on all models by an average of 3.9 pct or 838 dlrs effective July 20. The increase applies to Audi 4000S 4000CS Quattro Coupe GT 5000S sedan and wagon 5000S Quattro 5000CS Turbo and 5000CS Turbo Quattro sedan and wagon models the company said. Reuter | AUDI OF AMERICA LIFTS CAR PRICES |
Eaton Corp said it was awarded a 25 mln dlr contract by the U.S. Customs Service for development of an intelligence system intended to intercept drug smuggling along the southern border of the U.S. The contract calls for the company to provide the government with the most current information gathering and assessment te... | EATON <ETN> GETS 25 MLN DLR CONTRACT |
Qtly div 30 cts vs 30 cts prior Pay July 16 Record July 6 Reuter | MOORE FINANCIAL GROUP <MFGI.O> QUARTERLY DIV |
Qtly div 20 cts vs 20 cts prior Pay Aug 19 Record Aug 3 Reuter | THE PARKWAY CO <PKWY.O> QUARTERLY DIVIDEND |
Shr profit nil vs loss two cts Net profit 39617 vs loss 200740 Revs 619076 vs 491085 Nine Mths Shr loss nil vs loss five cts Net loss 68293 vs loss 434087 Revs 1614960 vs 1791148 Reuter | DWI CORP <DWIC.O> 3RD QTR MARCH 31 NET |
Towle and Co a St. Louis Mo. investment advisory firm told the Securities and Exchange Commission it has acquired 55900 shares of Supreme Equipment and Systems Corp or 5.1 pct of the total outstanding. Towle said it bought the stock for investment purposes on behalf of its advisory clients. Reuter | FIRM HAS SUPREME EQUIPMENT <SEQP.O> STAKE |
Moseley Holding Corp said it expects a loss for its first fiscal quarter ending June 30. The company said the losses are related to its municipal bond unit trust and corporate bond activities all of which were affected by the difficult bond market. The company said losses for those areas were close to four mln dlrs for... | MOSELEY HOLDING CORP <MOSE.O> SEES 1ST QTR LOSS |
Philadelphia Electric Co said it completed the sale of 1500000 shares of common stock by a continuous offering plan through Drexel Burnham Lambert Inc. The company said proceeds from the sale which amount to 32.4 mln will be used for its construction program. Reuter | PHILADELPHIA ELECTRIC CO <PE> SELLS SHARES |
Italys Foreign Trade Minister Mario Sarcinelli commenting on speculation in the Italian press said a sharp balance of payments deficit in May could not be attributed to recent moves liberalizing the purchase of foreign securities. Sarcinelli was reacting to suggestions that last months overall 3211 billion lire deficit... | ITALY DEFICIT NOT DUE TO LIBERALIZATION-MINISTER |
<Allied Stores Corp> named Michele Fortune president and division chief executive officer of its Ann Taylor division stores. Allied said Fortune is currently senior vice president-merchandising of <Lord and Taylor> of New York. Reuter | ALLIED STORES NAMES ANN TAYLOR DIVISION OFFICER |
<Equitable Life Assurance Society of the United States> and Hospital Corp of America <HCA> said their Equicor joint venture unit named William Hjorth vice chairman and chief operating officer. Reuter | EQUITABLE LIFE ASSURANCE NAMES UNIT CHIEF |
Sico Inc said it agreed in principle to buy the U.S. assets of Reichold Chemicals Incs Sterling Group which manufactures electrical insulation compounds and industrial resins and develops coatings for the electronics industry. Terms were undisclosed. Sico said it acquired Sterling Groups Canadian assets in February. It... | SICO <SIC.TO> TO BUY REICHOLD <RCI> UNIT ASSETS |
A group of Boston investors and investment partnerships told the Securities and Exchange Commission it sold its entire stake in Silicon Systems Inc of 410000 shares or 6.0 pct of the total outstanding. The group which includes HLM Associates HLM Associates II and their three general partners said it sold the stock betw... | INVESTOR GROUP DUMPS SILICON <SLCN.O> STAKE |
Mosely Holding Corp said it expects to report an unspecified loss in the first quarter ending June 30. The company said the current quarter result will reflect losses associated with municipal bond unit trust and corporate bond activities. It reported net income of 203000 dlrs or one cent per share on revenues of 35.5 ... | MOSELY <MOSE.O> EXPECTS 1ST QTR LOSS |
qtr ended May 2 Oper shr three cts vs 11 cts Oper net 333000 vs 885000 Revs 14.9 mln vs 12.2 mln Note: Latest qtr exludes writeoff of 735000 dlrs from store renovation. Reuter | SHIRMAX FASHIONS LTD <SHX.M> 1ST QTR NET |
A group of companies including Chicago-based Coronet Insurance Co and Sunstates Corp a Jacksonville. Fla. real estate firm said it raised its stake in Tandy Brands Inc to 175900 shares or 6.9 pct of the total. In a filing with the Securities and Exchange Commission the group said it bought 43600 Tandy common shares bet... | GROUP UPS STAKE IN TANDY BRANDS <TAB> TO 6.9 PCT |
Wisconsin Electric Power Co said a small amount of slightly radioactive water was released from its Point Beach Nuclear Plant at Two Creeks Wis. The company said 235 gallons of cooling water were released into Lake Michigan this morning as plant employees accidentally opened a valve while cleaning a holding tank. The c... | WISCONSIN POWER <WPC> REPORTS RADIATION LEAK |
Gateway Medical Systems Inc said it has withdrawn its May 27 offer to acquire <Westworld Community Healthcare Inc>. The company said it remains interested in acquiring the Westworlds hospitals and will attempt to continue negotiations with Westworld. Reuter | GATEWAY <GMSI.O> RECINDS OFFER FOR WESTWORLD |
The Student Loan Marketing Association announced a five-year fixed rate note offer bearing interest at 8.25 pct per annum and priced at 99.635. It said the notes due 1992 will be offered along with two mln foreign currency warrants at 4.375 dlrs each which increase in value if the U.S. dollar rises against the yen and ... | SALLIE MAE ANNOUNCES 100 MLN DLR OFFERING |
American Capital Corp said it will offer to holders of its 13325367 outstanding common stock purchase warrants 2.10 dlrs cash and 0.09 shares of common stock for each outstanding warrant. The company said the offer will remain open until July 21. It said the offer is subject to certain conditions including completion o... | AMERICAN CAPITAL CORP <ACC> MAKES SWAP OFFER |
Argentine President Raul Alfonsin met for more than an hour with International Monetary Fund Managing Director Michel Camdessus and Argentine economy minister Juan Sourrouille said the two men discussed Argentinas economy and its commercial bank financing package. Sourrouille told reporters that 91.5 pct of the 1.95 bi... | ARGENTINA'S ALFONSIN MEETS IMF CHIEF CAMDESSUS |
First Chicago Corp said it registered for an offering of nearly 2.5 mln shares of cumulative convertible preferred stock Series A with a value of 50 dlrs a share. The stock will be issued in conjunction with First Chicagos previously announced acquisition of First United Financial Services Inc. First United holders wil... | FIRST CHICAGO <FNB> FILES PREFERRED STOCK OFFER |
RIO DE JANEIRO - IBC ESTIMATES 1987-88 COFFEE CROP AT 35.2 MLN BAGS | |
Shr profit six cts vs loss 18 cts Net profit 156000 vs loss 212000 Revs 5094000 vs 5669000 Reuter | <BOWER INDUSTRIES INC> 1ST QTR NET |
Qtly div 14.25 cts vs 14.25 cts prior Pay Sept 21 Record July 1 Reuter | AMERICAN ROYALTY TRUST <ARI> QUARTERLY DIVIDEND |
WPP GROUP EXTENDING EXPIRATION OF ITS MERGER PROPOSAL TO JWT GROUP UNTIL JUNE 22 | |
Privately-held Joe Franklin Productions Inc said it entered into a preliminary agreement to merge with Assets Development Corp a public company. Terms were not disclosed. The companies said they expected the merged group to qualify for listing on NASDAQ. Reuter | JOE FRANKLIN AND ASSETS DEVELOPMENT TO MERGE |
TENNECO TO BECOME OPEN ACCESS TRANSPORTER OF NATURAL GAS | |
Dart Group Corp <DARTA.O> said it has no comment on reports the company has been accumulating shares of Dayton Hudson Corp. Dayton Hudson said in a letter to shareholders it told an aggressive buyer of its stock that it does not want to be acquired. Wall Street sources have identified the buyer as Dart which earlier... | DART GROUP DECLINES COMMENT ON DAYTON HUDSON<DH> |
<Bower industries Inc> said it changed its name to Metalclad Corp and has restructured a loan agreement with its bank. Under the pact a 3.5-mln-dlr revolving credit line will be converted to a 1.8-mln-dlr six year note and a 1.7-mln-dlr revolving line of credit. The company said it is also restructuring a 4011000-dl... | BOWER CHANGES NAME, RESTRUCTURES LOAN |
Shr loss 33 cts vs loss one ct Net loss 320000 vs loss 8000 revs 822000 vs 405000 Reuter | RISE TECHNOLOGY INC <RTEK.O> 1ST QTR LOSS |
Qtly div 65 cts vs 65 cts prior Pay July 22 Record July 10 Reuter | EASTGROUP PROPERTIES <EGP> SETS REGULAR PAYOUT |
Magnolia Foods Inc said it completed a 250000 dlr private offering of convertible preferred and common purchase warrants. Magnolia also said it signed a license agreement and approved a conversion site in Tulsa Okla. and its previously approved conversion site in Colorado Springs Colo. will be opened in late July. Magn... | MAGNOLIA FOODS <CAFE.O> COMPLETES OFFERING |
Warehouse Club Inc said it subleased two Chicago locations closed in April and is reviewing the five mln dlr second quarter reserve established to cover the cost of the closures. The company told Reuters it will probably remove two to three mln dlrs of the total reserve amount which will result in higher third quarter ... | WAREHOUSE CLUB <WCLB.O> MAY LOWER RESERVES |
<WPP Group Plc> said it is extending its 50.50 dlrs a share offer for JWT Group Inc until midday June 22. The company temporarily extended the offer on June 17 but did not give an expiration date. Its 45 dlrs a share offer for JWT which has been rejected by JWT expires on July 10. Reuter | WPP GROUP PLC EXTENDS ITS OFFER FOR JWT <JWT> |
Tenneco Inc said Tennessee Gas Pipeline Co its largest interstate natural gas pipeline will transport natural gas under the open access rules of the Federal Energy Regulatory Commission FERC. In open access gas pipelines serve purely as a transport company moving gas from suppliers to customers. Pipelines also transpor... | TENNECO <TGT> TO TRANSPORT GAS ON OPEN ACCESS |
Consumers Gas Co Ltd said it agreed to sell on July 6 100 mln dlrs of 10.60 pct debentures maturing in 2012 and priced at 998 dlrs per 1000 dlrs principal amount. The company said it would use proceeds for general corporate purposes. It said the underwriter is Gordon Capital Corp. Reuter | CONSUMERS' GAS <CGT.TO> TO SELL DEBENTURES |
Maxicare Health Plans Inc said it ended negotiations to sell Maxicare Alabama L.P. to (Complete Health Inc). The companies said last week they had reached agreement in principle for Complete Health to purchase the health maintenance organization the largest in Alabama. Maxicare said the terms would not be in the best i... | MAXICARE <MAXI.O> ENDS PLANS TO SELL UNIT |
Shr loss 22 cts vs loss 18 cts Net loss 2494000 vs loss 1608000 Revs 3590000 vs 1710000 Year Shr loss 68 cts vs loss 53 cts Net loss 7318000 vs loss 4160000 Revs 10503000 vs 7134000 Reuter | CHIRON CORP <CHIR.O> 4TH QTR APRIL 30 LOSS |
qtr ended April 30 Shr nine cts vs 17 cts Net 1026000 vs 1840000 Revs 25.9 mln vs 26.1 mln Year Shr 27 cts vs 56 cts Net 2942000 vs 5865000 Revs 95.7 mln vs 96 mln Reuter | METHODE ELECTRONICS INC <METH.O> 4TH QTR NET |
venezuela may turn to the international monetary fund for credits as part of the countrys overall effort to reestablish financial flows from abroad finance minister manuel azpurua said today. this is no secret. Its just one of the steps the executive has begun taking to reestablish financial flows to the country azpuru... | VENEZUELA MAY ASK IMF FOR CREDITS |
Cominco Ltd said no talks were scheduled with striking workers at its Trail smelter and Kimberley British Columbia lead-zinc mine. A company spokesman said the company and union met informally Tuesday but talks did not constitute a formal bargaining session. The last formal talks were on June 5. The workers went on str... | NO COMINCO STRIKE TALKS SCHEDULED |
The economy faces lackluster growth and the risk of recession this year if the recent improvement in U.S. exports should falter economists say. Growth will slow sharply in the next months due to weakness in the key housing and auto sectors and could be further hampered unless consumer spending picks up they say. These ... | U.S. ECONOMY SLOWDOWN RAISES RECESSION FEARS |
The Food and Drug Administration said stepped up testing of condoms by the agency has led to a three recalls by U.S. manufacturers and the detention of foreign-made condoms at U.S. borders. The FDA said industry standards require that roughly no more than four out of 1000 condoms leak. Condoms are tested by pouring 10 ... | CONDOM RECALLS RISE DUE TO FDA TESTING |
Brazils coffee exports could amount to 19 mln bags this year because of the excellent crop estimate of 35.2 mln bags an IBC spokesman said. He said exports could surpass the average annual 18 mln bags mark especially if the final harvest to be conducted in October and November confirms the crop at over 35 mln bags. He ... | BRAZIL COULD EXPORT 19 MLN BAGS OF COFFEE -IBC |
Endotronics Inc said operations at its joint venture with Summa Medical Corp <SUMA.O> has ended. The company said the venture provided production and purification services to biotechnology companies on a contract basis. Endotronics which is reorganizing under Chapter 11 has a 75 pct stake in the partnership. The com... | ENDOTRONICS <ENDO.O> JOINT VENTURE CEASES |
Charter Oak Partners a Connecticut investment partnership said it raised its stake in Facet Enterprises Inc to 480000 shares or 9.6 pct of the total outstanding common stock from 300000 shares or 6.0 pct. In a filing with the Securities and Exchange Commission Charter Oak said it bought 180000 Facet common shares on Ju... | INVESTMENT PARTNERSHIP UPS FACET <FCT> STAKE |
The six basis point rise of the past month in U.S. debt futures may be extended next week by a series of U.S. economic reports analysts said as long as the dollar holds firm. Interest rates have declined by approximately 50 basis points over the last month largely over indications that inflation is not as high as peopl... | UPTREND REMAINS INTACT FOR DEBT FUTURES |
Canada Post asked the federal government to appoint a mediator to help end an increasingly violent series of strikes by the countrys letter carriers. The government is expected to respond quickly to the request that was made after the union formally rejected the corporations latest offer to settle the four-day-old disp... | CANADA POST SEEKS MEDIATOR, VIOLENCE ON PICKET |
A federal judge heard arguments that Manville Corps chapter 11 reorganization plan which was confirmed in December should be thrown out. During a four-and-a-half hour hearing U.S. District Judge Whitman Knapp heard arguments in five different appeals. Whitman took the issues under advisement and will rule at a later da... | JUDGE HEARS APPEALS AGAINST MANVILLE <QMAN> PLAN |
surinam may bring the dutch government before the world court of justice in the hague to press for a resumption of a 100 mln dlr aid program cut off in 1982 prime minister jules wijdenbosch said. Wijdenbosch told a news conference tuesday his government may request the court to make a judgment on the aid suspended afte... | SURINAM MAY TAKE NETHERLANDS TO COURT |
HK SHANGHAI BANK, STANDARD CHARTERED BANK RAISE PRIME 1/2 POINT TO 7.5 PCT. | |
Qatar will today take over the franchise of Cable and Wireless Plc (CAWL.L) in the emirate through the newly-created Qatar General Telecommunications Corporation (QTELC). Cable and Wireless which has operated in Qatar since 1951 will second expert staff and provide technical and computer services under agreements signe... | QATAR TAKES OVER CABLE AND WIRELESS FRANCHISE |
Banking authorities and police are investigating an alleged fraud by the second largest trading house in the Caracas free foreign exchange market Finance Minister Manuel Azpurua told reporters. The Superintendency of Banks and the Technical and Judicial Police have both begun probes of Cambio la Guiara Azpurua said on ... | VENEZUELA PROBES ALLEGED FOREIGN EXCHANGE FRAUD |
Prospects for Tokyo stocks are mixed this week with investors trying to figure out the future of the yen/dollar exchange rate and digest the implications of OPECs latest accord on crude output and pricing brokers said. They said the market should extend the dull trend it has been in since the 225-share index fell rapid... | TOKYO STOCKS OUTLOOK UNCERTAIN DUE TO YEN, OPEC |
Kuwait whose shipping has come under repeated attack by Iran has the full support of Saudi Arabia and other Gulf allies a senior government official said. Cabinet spokesman Abdul-Aziz al-Otaibi quoted by the Kuwaiti news agency KUNA yesterday said Foreign Minister Sheikh Sabah al-Ahmed al-Sabah had told cabinet he had ... | KUWAIT SAYS IT HAS FULL GULF ARAB SUPPORT |
Santos Ltd <STOS.S> said it had made a significant oil discovery at its Mawson One well in the Moomba block of the Cooper Basin South Australia. It said the well flowed oil from sands at an average rate of 1440 barrels per day from 2131 to 2135 metres through a 6mm choke. Santos said the well was cased and suspended... | SANTOS SAYS IT HAS SIGNIFICANT OIL FIND |
Year ended December 31 1986. Group net profit 45.2 mln marks vs 35.2 mln. Interest surplus 1.09 billion marks vs 1.21 billion. Commission surplus 405.5 mln marks vs 391.7 mln. Extraordinary earnings 784.4 mln marks vs 82.6 mln. Published risk provisions 865.9 mln marks vs 366.7 mln. Balance sheet 59.89 billion marks vs... | BFG <BKFG.F> GROUP NET RISES IN 1986 |
Bank fuer Gemeinwirtschaft AGs <BKFG.F> (BfG) partial operating profits in the first four months of this year were lower than in the same period in 1986 management board chairman Thomas Wegscheider said. But the balance sheet total at the end of May was four pct higher than one year earlier as savings continued to f... | BFG PROFIT DIPS IN FIRST FOUR MONTHS |
South Koreas ruling party announced a reform package which includes a recommendation for direct presidential elections. There was no immediate reaction from President Chun Doo Hwan but Democratic Justice Party (DJP) chairman Roh Tae-woo who unveiled the reforms vowed to resign if they were rejected. Roh whose confirmat... | SOUTH KOREAN RULING PARTY ANNOUNCES REFORM PACKAGE |
The World Bank is prepared to play a more aggressive role in promoting Third World development and easing the debt crisis bank president Barber Conable said. We must be realistic about the immediate prospects for an expansion in voluntary commercial bank lending with the World Bank playing an even more vigorous role in... | WORLD BANK SEEKS MORE AGGRESSIVE DEBT ROLE |
OPEC has shown itself to be in control of the world oil situation with its speed in hammering out a pact to limit crude oil output to 16.6 mln barrels per day (bpd) for the rest of 1987 oil traders said. They said market respect for the cartel has increased since it announced Saturday that it would cut fourth quarter o... | OIL MARKETS SHOW RESPECT FOR NEW OPEC ACCORD |
Producers news writers editors and technicians began a strike at the National Broadcasting Co (NBC) leaving management employees to do their jobs. The strike by members of the National Association of Broadcast Employees (NABET) representing 2800 of NBCs 8000 workers began at 12:01 A.M. (0401 GMT) after the network impo... | NBC WRITERS, PRODUCERS AND TECHNICIANS ON STRIKE |
OPECs agreement to limit output to 16.6 mln barrels per day (bpd) for the rest of the year should boost spot prices and enable the group to raise its official reference price to 20 dlrs a barrel in January from the current 18 dlrs Far East oil industry sources said. Fundamentally the market situation is bullish and the... | FAR EAST TRADERS EXPECT 20 DLR OIL IN JANUARY |
Japan will ratify the 1986 International Cocoa Agreement (ICCA) with effect from July 1 and will renew its membership in the International Cocoa Organisation (ICCO) Foreign Affairs Ministry officials said. They said Japan would participate in an ICCO meeting on July 13 in London to revise ICCO buffer stock policy. The ... | JAPAN TO RATIFY 1986 INTERNATIONAL COCOA AGREEMENT |
Willis Faber says it making agreed 302.6 mln stg bid for Stewart Wrightson | |
<Kobe Steel Ltd> said it has agreed to supply technology to manufacture thin-walled copper tubing used in air conditioners and refrigeration units to <Halstead Industries Inc> in Zelienople Pennsylvania. Total demand for copper tubing in the U.S. Is 25000 tonnes a month of which 5000 is for the thin-walled type K... | KOBE STEEL, U.S. FIRM IN COPPER TUBE TIE-UP |
Lebanese bank employees went on a one-day strike to draw attention to the fate of three Central Bank colleagues missing believed kidnapped since 1985. The strike which shut the foreign exchange market and banks across the country was called by the Central Bank Employees Union and the Bankers Association which groups mo... | LEBANESE BANK STAFF STRIKE OVER MISSING COLLEAGUES |
<WPP Group Plc> which on Friday secured agreement for its bid for <JWT Group Inc> by increasing its offer said it would raise its planned rights issue to raise 213 mln stg instead of 177 mln to finance the deal. On Friday the two groups said they had agreed to merge after WPP raised its cash price to 55.5 dlrs a ... | WPP GROUP RAISES PROPOSED RIGHTS ISSUE |
The acting governor of Saudi Arabias state-owned oil company Petromin Jamal Hassan Jawa has retired at his own request oil industry sources said. They said Ali Ibrahim Rubaishi head of organisation planning in Petromin would take over as acting governor. Jawa held the post since his predecessor Abdul-Hadi Taher left in... | SAUDI OIL COMPANY GETS NEW ACTING GOVERNOR |
UAE Oil Minister Mana Said al-Oteiba arrived in Alexandria last night for a visit to Egypt the national Middle East News Agency (MENA) said. It said Oteiba who had just attended the OPEC ministerial meeting in Vienna would stay for several days but gave no details. Non-OPEC Egypt has pledged to restrain output to suppo... | UAE OIL MINISTER OTEIBA VISITS EGYPT - AGENCY |
Willis Faber Plc <WIFL.L> will make an agreed 302.6 mln stg offer for fellow insurance broker <Stewart Wrightson Plc> a joint statement said. The offer would be on the basis of three Willis shares for every two in Stewart valuing each Stewart share at about 655.5p. Willis already owns 2.05 mln shares or 4.62 pct ... | WILLIS FABER BIDS FOR STEWART WRIGHTSON |
New Zealands opposition National Party said it would cut personal and business taxes and would not regulate or control interest rates if returned to power. The economic strategy was unveiled by party leader Jim Bolger one day before prime minister David Lange announces the date of general elections widely expected to b... | N.Z. OPPOSITION PARTY UNVEILS ECONOMIC POLICY |
Norway will extend its 7.5 pct cutback in planned North Sea oil output in support of OPEC from July 15 until the end of this year Oil Ministry spokesman Egil Helle told Reuters. We took a very positive view of the OPEC meeting in Vienna he said. The accord reached there means stability in the oil market and we shall co... | NORWAY EXTENDS 7.5 PCT OIL OUTPUT CUT - MINISTRY |
<Brent Walker Group Plc> said it had agreed to buy the group of companies comprising Lonrho Plcs <LRHO.L> Metropole Casino Division together with a freehold in central London for 121.55 mln stg. Payment will be in cash on completion except for three mln stg payable on December 1 1988. Brent said it also proposed ... | BRENT TO BUY LONRHO DIVISION, PROPOSES RIGHTS |
The Bank of Japan bought 100 billion yen in certificates of deposit (CDs) via repurchase agreements today to show its determination to maintain an easy money policy central bank officials said. Todays CD buying operation was designed to seek an announcement effect in which we would reassure the market of the fact that ... | BANK OF JAPAN DETERMINED TO KEEP EASY MONEY POLICY |
The Bank of Japan will tomorrow sell 1200 billion yen in bills from its holdings to help absorb a projected money market surplus of 2100 billion money market traders said. Of the total 800 billion yen will yield 3.6004 pct on sales from money houses to banks and securities houses in 34-day repurchase agreements maturin... | BANK OF JAPAN TO SELL 1,200 BILLION YEN IN BILLS |
German June cost of living 0.2 pct above year-ago (May rise 0.2 pct) - official | |
Sony Corp <SNE.T> will issue a 75 billion yen 15-year unsecured convertible bond through public placement mainly in Japan a company spokesman said. Co-lead managers are Nomura Securities Co Ltd <NMSC.T> Daiwa Securities Co Ltd <DSEC.T> Yamaichi Securities Co Ltd <YSEC.T> and Nikko Securities Co Ltd <NIKT... | SONY TO ISSUE UNSECURED 75 BILLION YEN CONVERTIBLE |
Group shr 24.20 yen vs 37.42 Net 10.95 billion vs 15.46 billion Pretax 25.25 billion vs 31.15 billion Operating 28.39 billion vs 31.73 billion Sales 592.37 billion vs 593.86 billion NOTE - No forecast for current year REUTER | RICOH CO LTD <RICT.T> YEAR ENDED MARCH 31 |
Japan has agreed to help the United States strengthen anti-submarine defences after illegal high-technology Japanese exports significantly damaged mutual security U.S. Defence Secretary Caspar Weinberger said. Weinberger told a press conference that exports of Japanese machines designed to make Soviet submarines quiete... | JAPAN TO HELP U.S. ON ANTI-SUBMARINE DEFENCES |
Mazda Motor Corp <MAZT.T> has signed an agreement to import coal from <Coalex Pty Ltd> of Australia through Sumitomo Corp <SUMT.T> a Mazda spokesman said. Under the agreement Mazda will annually import 144000 tonnes of Australian coal worth about nine billion yen. The coal will be used as fuel for Mazdas energ... | MAZDA SIGNS AUSTRALIAN COAL IMPORT AGREEMENT |
Aug 12414 Oct 13929 Dec 1403 Mar 2901 May 482 Aug 716 Total 31845 | PARIS SUGAR OPEN POSITION - JUNE 29 |
 LUXEMBOURG GOLD FIXING - JUNE 29 Standard bar 446.30 dlrs per oz (441.25 dlrs) One kilo ingot 545750 Lux francs (539500 Lux francs)  | |
 FRANKFURT EXCHS 1100 - JUNE 29 us 1.8270/80  | |
 ZURICH GOLD 1100 - JUNE 29 pool 444.50-447.50 (444.00-447.00 at opening) interbank 445.70-446.20 (445.50-446.00 at opening)  | |
 PRS PARIS SUGAR KERBS - JUNE 29 87 oct 1155/60/65P  |
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.