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Computer Sciences Corp said it won a contract with the National Aeronautics and Space Administration (NASA) that could be worth one billion dlrs if NASA exercises all its options. The contract is for systems engineering and analysis services for the Mission Operations and Data Systems Directorate at Goddard Space Fligh... | COMPUTER SCIENCES <CSC> WINS LARGE NASA CONTRACT |
The U.S. Will pursue its complaint that European governments unfairly subsidise the Airbus Industrie aircraft consortium in proceedings at the GATT civil aircraft committee a GATT spokesman said today. The U.S. Presented its case for the first time to the aircraft committee of the General Agreement on Tariffs and Trade... | GATT TO DEBATE U.S. CHARGES OF AIRBUS SUBSIDIES |
U.K. Minister for Aviation Michael Spicer said transatlantic traffic should increase at least five pct this year after dropping nearly six pct last year. We expect at least a five pct increase and it may exceed that reaching at least the peak levels of 1985 Spicer said at a press conference. The figures refer to air tr... | UK OFFICIAL SEES TRANSATLANTIC AIR TRAFFIC RISE |
A panel of four leading economists told a congressional hearing today that foreign economies will need to expand to avoid recession as the U.S. trade deficit declines. C. Fred Bergsten a former senior Treasury Department official and Robert Solomon of the Brookings Institution told the Senate Foreign Relations Committe... | LEADING ECONOMISTS CALL FOR MORE GROWTH ABROAD |
MONFORT OF COLORADO INC 2ND QTR SHR 1.03 DLRS VS 1.34 DLRS | |
Rep William Gray (D-Pa) Chairman of the House Budget Committee abruptly canceled the committees budget writing process when Republican members said they would continue a vote strike begun yesterday. Im not going to continue a markup in which my Republican colleagues wont participate Gray told reporters. He said he aske... | U.S. HOUSE BUDGET WRITING PROCESS COLLAPSES |
CANADIAN MONEY SUPPLY M-1 FALLS 1.16 BILLION DLRS IN WEEK, BANK OF CANADA SAID | |
Morrison Knudsen Corp said a unit was awarded an 11-1/2-year contract totaling about 200 mln dlrs for the operation of a steam coal mine near Montgomery W.Va. The company said the contract carries an option for an additional 10 years. Of the 200 mln dlrs the company said that only the first five years or about 90 mln d... | MORRISON KNUDSEN <MRN>GETS 200 MLN DLR CONTRACT |
U.K. Smelter Capper Pass denied rumours that the company had declared or was about to declare force majeure on lead deliveries. This followed trader talk on the London Metal Exchange LME after broker bids were made at increased premiums for Capper Pass brand material. Traders said some slight production problems seem t... | NO FORCE MAJEURE ON LEAD FROM CAPPER PASS |
Affiliated Publications Inc said it agreed to acquire all the outstanding stock of <Billboard Publications Inc> for 100 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 acquisition will give it a stro... | AFFILIATED PUBLICATIONS <AFP> TO BUY BILLBOARD |
A single purpose company <Italfunding Ltd> has been created for the purpose of obtaining funds on the international capital markets to refinance 44.3 mln dlrs of Mexicos official debt to Italy at very attractive rates Morgan Grenfell and Co Ltd said as lead manager and arranger. The transaction will be accomplished ... | UNIQUE EXPORT FINANCING BEING ARRANGED FOR MEXICO |
Duff and Phelps today raised the ratings on General Public Utilities Pennsylvania Electric Co. subsidiary fixed income securities. First mortgage bonds and collateralized pollution control revenue bonds have been raised to D&P-6 (middle A) from D&P-7 (low A) debentures raised to D&P-7 from D&P-8 (high B... | D AND P LIFTS GENERAL PUBLIC UTILITIES<GPU> UNIT |
Spear Leeds and Kellogg a New York brokerage partnership said it has acquired 136300 shares of Allegheny International Incs 11.25 dlr convertible preferred stock or 7.1 pct of the total outstanding. In a filing with the Securities and Exchange Commission Spear Leeds said it bought the stake for 11.7 mln dlrs as part of... | FIRM HAS ALLEGHENY INT'L <AG> PREFERRED STAKE |
WTD Industries Inc said its offer to buy the bankrupt Harris Pine sawmill in Pendleton Oregon was rejected by the bankruptcy court trustee. The company said the bid was rjected in favor of a higher offer. Reuter | WTD INDUSTRIES <WTDI> SAWMILL OFFER REJECTED |
Proposed federal regulations governing the sale of foreign futures and options contracts to U.S. citizens would strap U.S. exchanges an official of the Chicago Board of Trade CBT said. Frederick Grede CBT vice president of administration and planning told the Futures Industry Association that rules proposed by the Comm... | CBT HITS CFTC'S FOREIGN FUTURES PROPOSALS |
Celina Financial Corp said shareholders at a special meeting approved a transaction in which the company transferred its interest in three insurance companies to a wholly owned subsidiary which then sold the three companies to an affiliated subsidiary. It said the companys interests in West Virginia Fire and Casualty C... | CELINA <CELNA> SHAREHOLDERS APPROVE SALE |
Two affiliated New York investment firms and an investment advisor told the Securities and Exchange Commission they have acquired 555057 shares of Unicorp American Corp or 5.1 pct of the total outstanding. The group which includes Mutual Shares Corp said it bought the stake for 5.3 mln dlrs for investment purposes and ... | GROUP HAS 5.1 PCT OF UNICORP AMERICAN <UAC> |
Canadian narrowly-defined money supply M-1 fell 1.16 billion dlrs to 32.94 billion dlrs in week ended March 11 Bank of Canada said. M-1-A which is M-1 plus daily interest chequable and non-personal deposits fell 1.31 billion dlrs to 75.39 billion dlrs and M-2 which is M-1-A plus other notice and personal fixed-term dep... | CANADIAN MONEY SUPPLY FALLS IN WEEK |
REVLON BUYS GERMAINE MONTEIL COSMETICS FROM BEECHAM GROUP FOR UNDISCLOSED TERMS | |
Revlon Group Inc said it bought Germaine Monteils cosmetics business in the U.S. from the Beecham Group PLC. Terms of the sale were not disclosed. The sale includes the rights to Germaine Monteil in North and South America and in the Far East as well as the worldwide rights to the Diane von Furstenberg cosmetics and fr... | REVLON <REV> BUYS BEECHAM'S COMSMETICS UNIT |
Qtr ended Feb 28 Shr 1.03 dlrs vs 1.34 dlrs Net 4385000 vs 5792000 Revs 474.4 mln vs 381.4 mln Six mths Shr 2.46 dlrs vs 2.71 dlrs Net 10.5 mln vs 11.7 mln Revs 906.0 mln vs 757.6 mln Reuter | MONFORT OF COLORADO INC <MNFT> 2ND QTR NET |
<Quotron Systems Inc> said it signed a contract to deliver financial information services to more than 500 Merrill Lynch Pierce Fenner and Smith offices. The agreement provides all the offices served by Quotron be extended through November 1989 and gives Merrill Lynch the option to extend the contract through Februa... | QUOTRON IN PACT WITH MERRILL LYNCH <MER> |
Geodome Resources Ltd said based on a feasibility study of its Sunbeam Mine it will proceed with contruction and pre-production stripping as rapidly as possible. The company said eight of nine holes drilled on the new ore zone have an average grade of 0.046 ounces of gold per ton and 2.1 ounces of silver per ton. The d... | GEODOME RESOURCES <GOEDF> TO PROCEED WITH MINE |
Mark IV Industries Inc <IV> which has said it may consider a bid to seek control of Baird Corp said Baird has not agreed to hold off on any defensive measures without giving Mark IV at least 24 hours notice. In a filing with the Securities and Exchange Commission Mark IV corrected a statement it made yesterday in an... | MARK IV CORRECTS AGREEMENT WITH BAIRD <BATM> |
Generale de Banque SA <GENB.BR> and <Heller Overseas Corp> of Chicago have each taken 50 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 1986 was 17.5 billion Belgian francs. Reuter | GENERALE DE BANQUE, HELLER BUY FACTORING UNIT |
Shr 52 cts vs 51 cts Net 16.5 mln vs 16.2 mln Revs 870.2 mln vs 800.7 mln Year Shr 1.48 dlrs vs 1.29 dlrs Net 47.3 mln vs 41.0 mln Revs 3.53 billion vs 3.10 billion Avg shrs 31867658 vs 31831050 Reuter | <OSHAWA GROUP LTD> 4TH QTR NET |
Harley-Davidson Inc said its wholly owned subsidiary Holiday Rambler Corp filed a registration statement covering 70 mln dlrs of subordinated notes due 1997. Holiday-Rambler which manufactures recreational vehicles was acquired by Harley-Davidson in December 1986. Proceeds of the offering will be used to repay 60 mln d... | HARLEY-DAVIDSON <HDI> UNIT FILES NOTE OFFERING |
PAN AM CORP 4TH QTR LOSS 197.5 MLN DLRS VS PROFIT 241.4 MLN DLRS | |
Morgan Guaranty Ltds novel and complex repackaging of Westpac Banking Corps perpetual floating rate note (FRN) may attract some investors but is unlikely to aid current holders of the Westpac securities or the FRN market FRN traders said. It actually does nothing for anyone who has been stuffed and right now thats the ... | WESTPAC PERPETUAL FRN NO INSTANT CURE, DEALERS SAY |
Qtr ended Jan 31 Shr 67 cts vs 69 cts Net 1525000 vs 1570000 Revs 41.2 mln vs 40.2 mln Year Shr 1.75 dlrs vs 1.54 dlrs Net 4001000 vs 3522000 Revs 172.3 mln vs 168.7 mln Note: figures include losses from discontinued operations in qtr of 309000 dlrs vs 253000 dlrs a year earlier and for the year of 309000 dlrs vs 15590... | VIRCO MANUFACTURING CORP <VIR> 4TH QTR NET |
Cooper Industries Inc asked the Federal Trade Commission to vacate a 1979 order that requires the company to get FTC approval before making certain acquisitions the FTC said. The order was issued as part of a settlement of FTC charges that Coopers merger with Gardner-Denver Co would lessen competion and increase concen... | COOPER <CBE> ASKS FTC TO END ACQUISITION LIMITS |
Switzerland expects to launch fully computerized trading of financial futures and options in the near future a senior Swiss official said. Alexis Lautenberg minister for economic and financial services at the Department of Foreign Affairs said a stock index based on issues traded on the three major Swiss exchanges is e... | SWISS PAVING WAY TO INDEX FUTURES, OPTIONS |
The European Investment Bank is issuing a 300 mln Luxembourg franc seven-year private placement with a coupon of 7-3/8 pct and priced at par lead manager Caisse dEpargne de lEtat Banque de lEtat said. Payment date is April 9 and coupon date April 10 annually with final maturity on that date in 1994. The issue can be re... | EIB ISSUES 300 MLN LUXEMBOURG FRANC PLACEMENT |
Zuercher Ziegeleien AG plans a 60 mln Swiss franc 2-1/4 pct domestic bond with warrants for participation certificates lead manager Swiss Bank Corp said. The 10-year par-priced bonds of 5000 francs face value carry two warrants (A and B) each of which entitle holders to acquire one certificate of 100 francs nominal val... | ZUERCHER ZIEGELEIEN SETS 60 MLN SFR WARRANT BOND |
Qtly div 10 cts vs 10 cts prior Pay April 15 Record March 30 Reuter | THOMPSON MEDICAL CO INC <TM> DECLARES QTLY DIV |
ended February Shr 69 cts vs 66 cts Net 37.7 mln vs 34.9 mln Revs 255.8 mln vs 288.8 mln Avg shrs 54.7 mln vs 53.2 mln 12 mths ended Feb Shr 3.23 dlrs vs 3.17 dlrs Net 174.8 mln vs 166.3 mln Revs 1.4 billion vs 1.5 billion Avg shrs 54.1 mln vs 52.4 mln Reuter | NEW ENGLAND ELECTRIC SYSTEM <NES> TWO MONTHS NET |
Qtly div three cts vs three cts prior Pay May 1 Record March 31 Reuter | DILLARD DEPT STORES INC <DDS> DECLARES QTLY DIV |
Shr loss 1.44 dlrs vs profit 1.79 dlrs Net loss 197.5 mln dlrs vs profit 241.4 mln Revs 797.3 mln vs 906.7 mln 12 mths Shr loss 3.42 dlrs vs profit 45 cts Net loss 462.8 mln vs profit 51.8 mln Revs 3.04 billion vs 3.48 billion Note: Net includes special charges of 65 mln dlrs vs special gain of 341 mln dlrs for the qtr... | PAN AM CORP <PN> 4TH QTR LOSS |
The Federal Trade Commission said it eased a requirement that Allied-Signal Incs Allied Corp subsidiary get prior FTC approval before making certain acquisitions in the high-purity acid market. The FTC said it ended the prior approval requirement because Allied no longer has businesses covered by the order. Other restr... | FTC EASES ALLIED-SIGNAL <ALD> UNIT RESTRICTIONS |
Cash distribution 4.2621 cts vs 3.2384 cts prior Pay April 14 Record March 31 NOTE: Companys full name is San Juan Basin Royalty Trust. Reuter | SAN JUAN BASIN ROYALTY <SJT> HIKES DISTRIBUTION |
Shr 23 cts vs nine cts Net 5700000 vs 1920000 Revs 35.5 mln vs 19.8 mln 1st half Shr 41 cts vs 17 cts Net 10.0 mln vs 3100000 Revs 69.3 mln vs 36.7 mln NOTE: Share adjusted for two-for-one stock split approved in December 1986. Net includes tax credits of 2970000 dlrs vs 980000 dlrs in quarter and 5210000 dlrs vs 15900... | SHL SYSTEMHOUSE INC <SHKIF> 2ND QTR FEB 28 NET |
U.K. Consumption of lead and zinc in all forms during January rose to 26314 and 18778 tonnes from 24967 and 17929 tonnes respectively in December latest figures by the World Bureau of Metal Statistics (WBMS) show. Refined lead consumption rose to 23992 tonnes from 23194 while scrap offtake was 2322 tonnes against 1773.... | U.K. LEAD AND ZINC OFFTAKE RISES IN JANUARY |
Shr 10 cts vs seven cts Net 249143 vs 175476 Sales 3034010 vs 2745288 Reuter | PHOTRONIC LABS INC <PLAB> 1ST QTR JAN 31 NET |
The American Stock Exchange said it has listed the common stock of Landmark Technology Corp which had been traded on the NASDAQ system. Reuter | AMEX LISTS LANDMARK TECHNOLOGY <LCO> |
Cash distribution 3.9737 cts vs 3.0577 cts Pay April 14 Record March 31 NOTE: Trusts full name is Permian Basin Royalty Trust. Reuter | PERMIAN BASIN ROYALTY <PBT> HIKES DISTRIBUTION |
Trust America Service Corp said it has signed an agreement to provide ITT Corps <ITT> ITT Mortgage Corp affiliate with a monthly flow of residential conventional mortgage loans. It said the arrangement is expected to be an important: source of revenue. Reuter | TRUST AMERICA <TRUS> IN DEAL WITH ITT <ITT> |
Universal Resources Corp said its shareholders approved the merger of the company with Questar Corp <STR>. Separately Universal said it will redeem its 15.75 pct debentures due December 15 1996 on April 19 at 104.8 pct of face amount plus accrued interest. Universal said it will operate as a wholly owned unit of Que... | UNIVERSAL RESOURCES <UVR>HOLDERS APPROVE MERGER |
Endotronics Inc halted at 1-3/4 on NASDAQ pending release of a news report on Monday said it was expecting substantial losses for the quarter ending March 31 1987 and the fiscal year ending Sept 30 1987. The company had cited a dispute over payment by Yamaha Inc one of its Japanese distributors over payment of a promis... | ENDOTRONICS <ENDO> HALTED PENDING NEWS RELEASE |
British Chancellor of the Exchequer Nigel Lawson pledged to continue making defeat of inflation a top priority. Speaking to the ruling Central Council of the Conservative Party Lawson said We will continue to make defeat of inflation a top priority until it is eliminated altogether. Year on year inflation is running at... | LAWSON PLEDGES TO MAKE INFLATION TOP PRIORITY |
Qtly div 50 cts vs 50 cts prior Pay April 20 Record March 31 Reuter | TEXAS INSTRUMENTS INC <TXN> SETS QUARTERLY |
Qtly div 22 cts vs 22 cts prior Pay April 10 Record March 30 Reuter | SOUTHEAST BANKING CORP <STB> DECLARES QTLY DIV |
Swiss banks are holding talks with Protestant and Roman Catholic officials to hear church complaints about lending to South Africa the Swiss Bankers Association said. In a statement the Association said the parties had disagreed over economic sanctions. But all participants -- representatives of the three biggest Swiss... | SWISS BANKS MEET CHURCHES OVER S. AFRICA LOANS |
Uniforce Temporary Personnel Inc said it will file in April a registration statement with the Securities and Exchange Commission for an offering of 128250 shares of common stock issuable upon exercise of common stock purchase warrants. The offering is being made at the request of a holder of the warrants which were iss... | UNIFORCE <UNFR> TO FILE REGISTRATION |
The Federal Trade Commission said its staff has urged the governor of Georgia to veto a bill that would prohibit petroleum refiners from owning and operating retail gasoline stations. The proposed legislation is aimed at preventing large oil refiners and marketers from using predatory or monopolistic practices against ... | FTC URGES VETO OF GEORGIA GASOLINE STATION BILL |
Armstrong World Industries Inc said its Gilliam Furniture affiliate has purchased a 130000 square foot building in Troutman N.C. for undisclosed terms. It said the new plant is expected to be in operation before year-end and and will more than double Gilliams production capacity for upholstered furniture. Reuter | ARMSTRONG WORLD <ACK> UNIT BUYS PLANT |
INdustrial Electronic Hardware Corp said it received a 2.1 mln dlrs order from an undisclosed leading defense contractor. INdustrial Electronic manufactures electronic connectors for the aerospace market. Reuter | INDUSTRIAL ELECTRONIC <IEHC> GETS ORDER |
HUDSON'S BAY CO YEAR OPER SHR PROFIT 32 CTS VS LOSS 1.23 DLRS | |
COOK UNITED INC EXPECTS LOSS OF 16 MLN DLRS FOR FISCAL 1987 | |
HUDSON'S BAY CO HAD 1986 WRITEDOWN OF 40.4 MLN DLRS MAINLY ON STAKE IN DOME PETROLEUM | |
U.N. Conference formally adopts new International Natural Rubber Agreement - chairman | |
Qtly div 17 cts vs 17 cts prior Pay May five Record April 20 Reuter | YORK FINANCIAL CORP <YFED> DECLARES QTLY DIV |
COOK UNITED INC IN TALKS TO SELL STAKE TO PRIVATE INVESTORS | |
ENDOTRONICS INC SAID TWO FEDERAL AGENCIES INVESTIGATING THE COMPANY | |
Combined International Corp said its board voted to increase the quarterly dividend 7.1 pct to 60 cts a share from 56 cts payable May 26 record May 12. It said directors also approved a two-for-one stock split subject to approval by shareholders of a proposed capital stock amendment at the annual meeting in April. The ... | COMBINED INT'L <PMA> RAISES PAYOUT, VOTES SPLIT |
American Cablesystems Corp said it agreed in principal to buy a cable television system in Los Angeles County from Heritage Communications Inc <HCI> for 15.5 mln dlrs. The company said the system being purchased serves about 12000 subscribers in the towns of Compton South El Monte Hawaiian Gardens and the communitie... | AMERICAN CABLESYSTEMS <ACN> TO BUY CABLE SYSTEM |
York Financial Corp parent company of York Federal Savings and Loan Association said its board of directors declared a five-for-four stock split in the form of a 25 pct stock dividend. The company said it will distribute the split on May 5 to shareholders of record April 20. Reuter | YORK FINANCIAL <YFED> SPLITS STOCK |
ChemLawn Corp said it had no comment on a sweetened offer from Waste Management Inc <WMX>. Waste Management amended its 27 dlr per share tender offer raising it to 35 dlrs per share. ChemLawn had rejected Waste Managements earlier 27 dlr per share offer saying it was an undervalued bid. ChemLawn earlier told its sha... | CHEMLAWN <CHEM> HAS NO COMMENT ON NEW OFFER |
Toyota Motors Sales U.S.A. Inc said it will raise the price of its 1987 cars by an average 1.8 pct or 208 dlrs effective immediately. Toyota cited the higher yen as the reason for the increase. Prices on some models will not be increased Toyota noted. Reuter | TOYOTA <TOYOY> HIKES 1987 PRICES |
Net profit 305 mln francs vs 258 mln. Net dividend 25 francs vs 20 francs. Operating loss 696 mln francs vs 1.46 billion. Note - The company which is the French subsidiary of Exxon Corp. <XON.N> said its net profit result included the reintegration of 1.2 billion francs of provisions for exchange fluctuations. Reute... | ESSO SAF <ESSF.PA> YEAR ENDED DEC 31 1986 |
Pan Am Corp said its largest division the Atlantic will report a first quarter loss that will be substantially lower than that reported a year ago. In the 1986 1st qtr Pan Am reported a net loss of 118.4 mln dlrs which included foreign exchange losses of 19.3 mln. The company did not say how much the Atlantic division ... | PAN AM'S <PN> MAIN UNIT TO REPORT SMALLER LOSS |
Cook United INc said it expects to report a loss a loss of 16 mln dlrs before an extraordinary credit of 44 mln dlrs resulting from its Chapter 11 reorganization on sales of 217 mln dlrs for the year ended January 31 1987. For 1986 Cook reported a loss of 30.8 mln dlrs on sales of 257 mln dlrs for the prior year. Cook ... | COOK <CCF> TO POST LOSS, SELL STAKE |
Endotronics Inc said it is the target of a formal private investigation by the Securities and Exchange Commission as well as the Federal Bureau of Investigation. The company also said its independent accounts Peat Marwick Mitchell and Co served notice that its report on Endotronics financial statements as of Sept 30 19... | ENDOTRONICS <ENDO> TARGET OF INVESTIGATION |
A new International Natural Rubber Agreement INRA was formally adopted by a United Nations Conference today. The new accord is due to replace the current one which expires in October. Conference chairman Manaspas Xuto of Thailand said the formal adoption represented a historic moment. The latest round of talks which be... | UN CONFERENCE FORMALLY ADOPTS NEW RUBBER PACT |
Advanced Institutional Management Software Inc said it has cut its workforce to 53 from 74 and closed its Atlanta office to cut expenses and improve profitability. The company said it is also in the process of reducing its office space in four of its six offices nationwide. Advanced also said it has named executive vic... | ADVANCED INSTITUTIONAL <AIMS> CUTS WORKFORCE |
Sun State Savings and Loan expects to report an earnings increase this year over 1986 Chairman Edward Janos told shareholders at the companys annual meeting. In a statement Janos said core earnings are expected to average 1.5 mln dlrs per quarter or six mln dlrs for the year while sales of real estate joint ventures wi... | SUN STATE SAVINGS <SSSL> SEES HIGHER EARINGS |
American Telephone and Telegraph Co does not plan to reduce its regular quarterly dividend of 30 cts a share on its common stock said James E. Olson chairman. It has been the intent to set the dividend at a level so that it could be sustained through the ups and downs of the business cycle Olson told a meeting of secur... | ATT <T> CHAIRMAN SAYS DIVIDEND WILL NOT BE CUT |
A strike by 9000 miners employed by the state corporation Comibol has paralysed tin production in the major centers of Huanuni Corocoro Siglo Catavi and Colquiri the Conflicts Secretary of the Bolivian Miners Federation Cristobal Aranibar told Reuters. The strike began at midnight to press demands for higher wages and ... | MAJOR TIN CENTERS PARALYSED BOLIVIA UNION SAYS |
ECHLIN INC 2ND QTR SHR 24 CTS VS 20 CTS | |
<Allied-Lyons PLC> sees rising profits from 51-pct-owned liquor producer Hiram Walker-Gooderham and Worts in the current fiscal year ending in early March 1988 chairman Derrick Holden-Brown said in a speech prepared for delivery to Toronto analysts. We anticipate that Hiram Walker profits will be well above those of... | ALLIED-LYONS SEES HIRAM WALKER PROFITS RISING |
Shr 24 cts vs 20 cts Net 11784000 vs 8302000 Rev 269.1 mln vs 211.9 mln Six months Shr 48 cts vs 40 cts Net 23191000 vs 16556000 Rev 517.5 mln vs 429.3 mln Reuter | ECHLIN INC <ECH> 2ND QTR FEB 28 NET |
AMERICAN CAN SEES HIGHER 1ST QTR, YR NET | |
DST SYSTEMS INC SAYS ITS PRESIDENT DIED OF A HEART ATTACK | |
ended January 31 Oper shr profit 3.98 dlrs vs profit 4.35 dlrs Oper net profit 123.6 mln vs profit 108.3 mln Revs 1.88 billion vs 1.76 billion Year Oper shr profit 32 cts vs loss 1.23 dlrs Oper net profit 33.0 mln vs loss 9055000 Revs 5.69 billion vs 5.27 billion Note: 1986 excludes writeoff of 40.4 mln dlrs primarily ... | <HUDSON'S BAY CO> 4TH QTR NET |
Shr 53 cts vs 61 cts Net 9909000 vs 11489000 Revs 185.9 mln vs 161.5 mln Year Shr 1.20 dlrs vs 1.37 dlrs Net 22522000 vs 25667000 Revs 588.5 mln vs 521.7 mln Reuter | <GENDIS INC> 4TH QTR JAN 31 NET |
DST Systems Inc said its president and director Robert L. Gould died of an apparent heart attack. It said his duties will be assumed by Thomas McDonnell the companys chief executive officer. Mr. Gould had served as president and chief operating officer since October 1984. Reuter | DST SYSTEMS <DSTS> PRESIDENT DIES |
Great American First Savings Bank Arizona said it has opened four new branches located in Frys Food Stores. The branches are all in the Tucson area. Great American opened nine branches in Frys Food Stores in 1986 and opened two earlier this year. The company said two more will open next week. Reuter | GREAT AMERICAN FIRST SAVINGS <GTA> OPENS UNITS |
Shr nil vs nil Net profit 24000 vs loss 66000 Revs 235000 vs 93000 Six mths Shr nil vs nil Net profit 40000 vs loss 153000 Revs 394000 vs 99000 Reuter | <BIFLYX> 2ND QTR DEC 31 NET |
Jorio Dauster president of the Brazilian Coffee Institute IBC left Brazil early today to attend a weekend meeting of Latin American coffee producers in Managua an IBC official said. Carlos Brasil an adviser to the IBC president said Dauster had left Rio de Janeiro for Managua early this morning. There were rumours on t... | IBC PRESIDENT LEAVES FOR PRODUCER MEETING - IBC |
Banco di Roma (London branch) has arranged a 200 mln dlr nominal Euro-commercial paper program Swiss Bank Corporation International Ltd said as sold dealer. The borrower will be able to issue paper with maturities of seven to 365 days in other avialable currencies such as European Currency Units. However it could not i... | BANCO DI ROMA UNIT ARRANGES EURO-PAPER PROGRAM |
Miners at Spains state-owned Hulleras del Norte S.A. (Hunosa) coal company have called a 72-hour strike starting on Monday to protest against a restructuring plan that entails layoffs union sources said. They said more stoppages would follow in coming weeks. The unions rejected a company compromise proposal to extend t... | SPANISH COAL MINERS CALL STRIKES OVER LAYOFFS |
(Mountain View Investment Corp) Phoenix Ariz. said it acquired Maratech Communications Cos Inc. Under terms of the transaction the present directors of Mountain View have resigned and have elected directors of Maratech as new directors of Mountain View. It said a combined shareholders meeting will soon be held to vote ... | MOUNTAIN VIEW ACQUIRES MARATECH COMMUNICATIONS |
High interest rates sluggish global economic growth and creeping protectionism are deepening the third world debt crisis senior Mexican officials said. Finance minister Gustavo Petricioli said todays signing of a 76 billion dlr new-loan and rescheduling package for Mexico was the most comprehensive and far-reaching eff... | MEXICO WARNS OF WORSENING THIRD WORLD DEBT WOES |
American Can Co chairman Gerald Tsai said the company will record higher earnings in the first quarter and for the full year. Addressing analysts Tsai said First quarter results have been extremely encouraging and results for all of 1987 will show significant improvement over 1986. American Can earned 196.3 mln dlrs or... | AMERICAN CAN <AC> SEES HIGHER YEAR NET |
Qtly div ten cts vs ten cts Pay April 15 Record April 1 Reuter | CENTRAL BANKING SYSTEM INC <CSYS> QTLY DIVIDEND |
Charter-Crellin Inc said it signed a letter of intent to acquire all outstanding shares of <Sebro Plastics Incs> capital stock. Charter-Crellin a molded plastic product maker said Sebro is a precision molder of engineered specialty plastic products for the automotive industry. The company said the deal is subject to... | CHARTER-CRELLIN <CRTR> TO ACQUIRE SEBRO PLASTICS |
New York State Electric and Gas Corp said it has terminated its effort to acquire Corning Natural Gas Corp. It cited as reasons the uncertain regulatory climate in New York State and the depresed price of New York State Electric stock which has been caused by the delay in the Nine Mile Point Unit Two nuclear plant. The... | NEW YORK STATE ELECTRIC <NGE> ENDS ACQUISITION |
<Black Hawk Mining Inc> said it knows of no major activities to account for the recent rise in the companys stock price. The shares rose 11 cts to 88 cts on the Toronto Stock Exchange yesterday. The company added that its application for its proposed acquisition of <Platinova Resources Ltd> and financings are sti... | BLACK HAWK MINING CAN'T EXPLAIN STOCK RISE |
Seagram Co Ltds Joseph E. Seagram and Sons Inc said it is realigning its Fine Wine operations following last weeks sale of its medium-priced table wines business. Seagram Vintners the entity under which all fine wine operations were group is being dissolved the company said. The Seagram Classic Wine Co will move its op... | SEAGRAM <VO> UNIT REALIGNING OPERATIONS |
The chairman of the Senate antitrust subcommittee said the Transportation Department was allowing too many airline mergers and proposed its authority be transfered to the Justice Department. The Transportation Departments antitrust enforcement has been disastrous permitting rampant merger mania Ohio Democrat Howard Met... | SENATOR WANTS STRONGER AIR MERGER REGULATION |
Sharper Image Corp said it registered with the Securities and Exchange Commission to offer 1445000 shares of its common stock. The offering would be comprised of 1.2 mln shares of newly issued stock and 245000 shares offered by certain selling shareholders. Net proceeds would be used to finance the opening of new store... | SHARPER IMAGE CORP SETS STOCK OFFERING |
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