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test/20195
test/20195 |@title first:1 valley:1 corp:1 fivc:1 3rd:1 qtr:1 net:1 |@word shr:2 69:1 ct:2 vs:4 62:1 net:2 4:1 401:1 000:2 3:1 808:1 nine:1 mth:1 1:2 99:1 dlrs:2 77:1 12:1 6:1 mln:2 10:1 8:1
FIRST VALLEY CORP <FIVC.O> 3RD QTR NET Shr 69 cts vs 62 cts Net 4,401,000 vs 3,808,000 Nine mths Shr 1.99 dlrs vs 1.77 dlrs Net 12.6 mln vs 10.8 mln
test/20206
test/20206 |@title avon:1 products:1 inc:1 3rd:1 qtr:1 net:1 |@word shr:2 37:1 ct:2 vs:8 42:1 net:2 26:1 6:3 mln:10 30:2 0:2 sale:2 805:1 4:1 690:1 avg:2 shrs:2 70:2 71:1 nine:1 mth:1 1:2 23:2 dlrs:2 86:1 8:1 88:1 5:1 2:3 billion:2 01:1 3:1 72:1
AVON PRODUCTS INC 3RD QTR NET Shr 37 cts vs 42 cts Net 26.6 mln vs 30.0 mln Sales 805.4 mln vs 690.6 mln Avg shrs 70.6 mln vs 71.0 mln Nine mths Shr 1.23 dlrs vs 1.23 dlrs Net 86.8 mln vs 88.5 mln Sales 2.30 billion vs 2.01 billion Avg shrs 70.3 mln vs 72.2 mln
test/20207
test/20207 |@title springs:1 industries:1 inc:1 smi:1 3rd:1 qtr:1 oct:1 three:1 |@word shr:2 99:1 ct:3 vs:6 42:1 net:2 17:1 6:1 mln:5 7:1 528:1 000:1 sale:2 424:1 2:2 376:1 8:2 nine:1 mth:1 21:1 dlrs:1 94:1 39:1 3:1 16:1 1:2 20:1 billion:2 10:1 note:1 share:1 adjust:1 two:1 one:1 stock:1 split:1 april:1 1987:1
SPRINGS INDUSTRIES INC <SMI> 3RD QTR OCT THREE Shr 99 cts vs 42 cts Net 17.6 mln vs 7,528,000 Sales 424.2 mln vs 376.8 mln Nine mths Shr 2.21 dlrs vs 94 cts Net 39.3 mln vs 16.8 mln Sales 1.20 billion vs 1.10 billion NOTE: Share adjusted for two-for-one stock split in April 1987.
test/20208
test/20208 |@title oilmeal:1 demand:1 still:1 strong:1 u:1 soviet:1 union:1 |@word oilmeal:3 demand:3 remain:1 strong:1 united:1 states:1 july:2 august:4 six:1 pct:3 level:1 see:1 month:2 last:5 year:8 rise:5 come:1 soymeal:6 hamburg:1 base:1 publication:1 oil:2 world:2 say:2 total:1 u:1 domestic:1 usage:1 nine:1 major:1 record:2 19:1 mln:5 tonne:8 october:2 1986:1 1987:1 4:2 2:2 ago:2 period:1 increase:2 seven:1 soviet:2 310:1 000:6 330:1 respective:1 follow:1 huge:1 import:3 presume:1 use:1 immediately:1 go:1 stock:2 large:1 september:2 estimate:2 sharply:1 800:1 1:3 around:1 130:1 time:2 ec:3 100:1 earlier:1 45:1 crushing:1 rapeseed:3 sunseed:1 soybean:1 probably:1 due:1 bumper:1 crop:2 5:1 9:1 3:1 7:1 disposal:1 report:1 20:1
OILMEAL DEMAND STILL STRONG IN U.S., SOVIET UNION Oilmeal demand remained strong in the United States in July and August and six pct up on levels seen in the same months last year, with most of the rise coming in soymeal, the Hamburg based publication Oil World said. Total U.S domestic usage of the nine major oilmeals rose to a record 19 mln tonnes in October 1986/August 1987, up 4.2 pct on the same year-ago period, with the increase in soymeal at seven pct, it said. Soviet soymeal demand rose by 310,000 tonnes in July and 330,000 tonnes in August over the respective year-ago months following a huge increase in soymeal imports. Oil World presumed some imports were not used immediately but went into stocks. With imports again large in September, it estimated Soviet soymeal stocks sharply up at 800,000 tonnes by October 1 from around 130,000 at the same time last year. EC oilmeal demand rose 100,000 tonnes in August from a year earlier, with soymeal up 45,000 tonnes. Crushings of rapeseed, sunseed and soybeans will probably rise from last year due to bumper EC crops. It estimated the EC rapeseed crop at a record 5.9 mln tonnes, up from 3.7 mln last year. Rapeseed disposals were reported at 2.1 mln tonnes by September 20 against 1.4 mln at that time last year.
test/20210
test/20210 |@title circle:1 express:1 cexx:1 end:1 overland:1 buy:1 |@word circle:1 express:2 inc:3 say:2 negotiation:1 propose:1 acquisition:1 overland:1 privately:1 hold:1 continental:1 training:1 services:1 terminate:1 mutual:1 agreement:1 company:1 recent:1 decline:1 stock:1 price:1 make:1 unlikely:1 transaction:1 could:1 qualify:1 tax:1 free:1 reorganization:1
CIRCLE EXPRESS<CEXX.O> ENDS OVERLAND<OVER.O> BUY Circle Express Inc said negotiations on its proposed acquisitions of Overland Express Inc and privately-held Continental Training Services Inc have been terminated by mutual agreement. The company said the recent declines in stock prices have made it unlikely that the transactions could qualify as tax-free reorganizations.
test/20213
test/20213 |@title marsh:1 mclennan:1 cos:1 inc:1 mmc:1 3rd:1 qtr:1 net:1 |@word shr:2 1:3 04:1 dlrs:3 vs:8 87:1 ct:1 net:2 77:1 7:3 mln:10 64:1 2:2 revs:2 533:1 461:1 8:2 avg:2 shrs:2 74:2 73:2 9:2 nine:1 mth:1 3:1 35:1 63:2 249:1 5:2 193:1 billion:2 36:1
MARSH AND MCLENNAN COS INC <MMC> 3RD QTR NET Shr 1.04 dlrs vs 87 cts Net 77.7 mln vs 64.2 mln Revs 533.7 mln vs 461.8 mln Avg shrs 74.7 mln vs 73.9 mln Nine mths Shr 3.35 dlrs vs 2.63 dlrs Net 249.5 mln vs 193.9 mln Revs 1.63 billion vs 1.36 billion Avg shrs 74.5 mln vs 73.8 mln
test/20214
test/20214 |@title 20:2 oct:2 1987:2 |@word
20-OCT-1987 20-OCT-1987
test/20215
test/20215 |@title sundstrand:1 corp:1 sns:1 3rd:1 qtr:1 net:1 |@word shr:2 77:1 ct:1 vs:6 1:2 07:1 dlrs:3 net:2 14:1 455:1 000:4 20:1 083:1 sale:2 334:1 4:2 mln:3 348:1 5:1 nine:1 mth:1 2:1 40:1 3:1 04:2 45:1 00:1 56:1 928:1 987:1 billion:1
SUNDSTRAND CORP <SNS> 3RD QTR NET Shr 77 cts vs 1.07 dlrs Net 14,455,000 vs 20,083,000 Sales 334.4 mln vs 348.5 mln Nine Mths Shr 2.40 dlrs vs 3.04 dlrs Net 45,00,000 vs 56,928,000 Sales 987.4 mln vs 1.04 billion
test/20216
test/20216 |@title crazy:1 eddie:1 crzy:1 amend:1 shareholder:1 right:1 |@word crazy:6 eddie:6 inc:2 say:5 board:2 director:4 amend:1 company:4 shareholder:5 right:1 plan:5 move:1 design:1 preserve:1 stockholder:2 protection:1 provide:1 flexibility:1 yesterday:1 agree:1 oppose:1 slate:1 candidate:1 propose:1 committee:1 restore:1 value:1 group:3 lead:1 oppenheimer:1 palmieri:1 fund:1 l:1 p:1 entertainment:1 marketing:1 seek:1 oust:1 current:2 management:1 new:1 amendment:3 limit:1 future:1 modify:1 definition:1 continue:2 permit:1 termination:1 consent:1 office:1 approval:1 least:1 three:1 obtain:1 also:2 approve:1 certificate:1 designation:1 respect:1 4:1 5:1 mln:1 share:2 authorized:1 previously:1 undesignated:1 unissued:1 prefer:1 stock:2 adopt:1 employee:1 ownership:1 request:1 make:1 commitment:1 take:1 private:1 chance:1 recover:1 financial:1 difficulty:1 committment:1 reject:1 hold:1 annual:1 meet:1 november:1 6:1
CRAZY EDDIE <CRZY.O> AMENDS SHAREHOLDER RIGHTS Crazy Eddie Inc said its board of directors amended the company's shareholder rights plan in moves it said were designed to preserve stockholder protection and provide flexibility to the plan. Yesterday, Crazy Eddie agreed not to oppose a slate of candidates to its board proposed by the Committee to Restore Stockholder Value, a shareholder group led by the <Oppenheimer-Palmieri Fund L.P.> and Entertainment Marketing Inc <EM>, that has been seeking to oust current management. Crazy Eddie said the new amendments limit future amendments to the plan, modify the definition of 'continuing directors' and permit amendment or termination of the plan with the consent of the company's shareholders if there are no continuing directors in office or the approval of at least three such directors cannot be obtained. The company also said it approved a certificate of designation with respect to its 4.5 mln shares of authorized, but previously undesignated and unissued shares of preferred stock and adopted an employee stock ownership plan. Crazy Eddie also that it requested that the shareholder group make a commitment not to take the company private until Crazy Eddie has had a chance to recover from current financial difficulties, a committment that the group rejected. Crazy Eddie said it will hold its annual shareholders meeting on November 6.
test/20217
test/20217 |@title huntington:1 bancshares:1 inc:1 hban:1 3rd:1 qtr:1 net:1 |@word shr:4 68:1 ct:4 vs:10 61:1 dilute:2 66:1 60:1 net:3 18:1 6:2 mln:10 16:1 5:3 avg:2 shrs:2 27:2 26:1 nine:1 mth:2 1:4 40:1 dlrs:8 76:1 38:2 71:1 9:2 46:1 4:3 25:1 8:1 note:1 share:1 adjust:1 july:1 1987:1 10:1 pct:1 stock:1 dividend:1 result:1 restate:1 pooled:1 acquisition:1 include:1 loan:1 loss:1 provision:1 765:1 000:2 252:1 quarter:1 43:1 3:1 15:1 nin:1
HUNTINGTON BANCSHARES INC <HBAN.O> 3RD QTR NET Shr 68 cts vs 61 cts Shr diluted 66 cts vs 60 cts Net 18.6 mln vs 16.5 mln Avg shrs 27.5 mln vs 26.6 mln Nine mths Shr 1.40 dlrs vs 1.76 dlrs Shr diluted 1.38 dlrs vs 1.71 dlrs Net 38.9 mln vs 46.9 mln Avg shrs 27.4 mln vs 25.8 mln NOTE: Share adjusted for July 1987 10 pct stock dividend. Results restated for pooled acquisitions. Net includes loan loss provisions of 5,765,000 dlrs vs 4,252,000 dlrs in quarter and 43.3 mln dlrs vs 15.4 mln dlrs in nin mths.
test/20220
test/20220 |@title weirton:1 steel:1 corp:1 3rd:1 qtr:1 |@word net:3 33:1 6:2 mln:8 vs:4 11:1 1:2 revs:2 319:1 295:1 nine:1 mth:1 97:1 3:1 30:1 0:2 997:1 8:1 860:1 note:1 company:1 report:2 per:1 share:1 earning:1 privately:1 concern:1 amount:1 taxis:1 profit:1 sharing:1 contribution:1 employee:1 stock:1 ownership:1 trust:1
WEIRTON STEEL CORP 3RD QTR Net 33.6 mln vs 11.1 mln Revs 319.6 mln vs 295.1 mln Nine mths Net 97.3 mln vs 30.0 mln Revs 997.8 mln vs 860.0 mln NOTE: Company does not report per share earnings as it is a privately-owned concern. Net amounts reported are before taxes, profit sharing, and contribution to employee stock ownership trust.
test/20221
test/20221 |@title domtar:1 inc:1 dtc:1 3rd:1 qtr:1 net:1 |@word shr:2 37:1 ct:2 vs:4 41:1 net:2 35:1 mln:4 38:1 rev:1 give:2 nine:1 mth:1 1:2 32:1 dlrs:2 18:1 123:1 106:1 revs:1
DOMTAR INC <DTC> 3RD QTR NET Shr 37 cts vs 41 cts Net 35 mln vs 38 mln Revs not given Nine mths Shr 1.32 dlrs vs 1.18 dlrs Net 123 mln vs 106 mln Revs not given
test/20223
test/20223 |@title general:1 signal:1 corp:1 gsx:1 3rd:1 qtr:1 net:1 |@word shr:2 67:1 ct:2 vs:6 65:1 net:2 18:3 9:2 mln:6 6:1 revs:2 399:1 0:1 391:1 nine:1 mth:1 1:4 70:1 dlrs:2 98:1 48:1 2:2 56:1 billion:2
GENERAL SIGNAL CORP <GSX> 3RD QTR NET Shr 67 cts vs 65 cts Net 18.9 mln vs 18.6 mln Revs 399.0 mln vs 391 mln Nine mths Shr 1.70 dlrs vs 1.98 dlrs Net 48.2 mln vs 56.9 mln Revs 1.18 billion vs 1.2 billion
test/20226
test/20226 |@title mellon:1 bank:1 corp:1 mel:1 3rd:1 qtr:1 net:1 |@word shr:2 profit:6 47:1 ct:1 vs:13 1:1 78:2 dlrs:11 net:4 16:1 mln:16 53:1 avg:2 shrs:2 27:3 7:1 4:1 nine:3 mth:3 loss:3 22:3 51:1 5:1 610:1 168:1 217:2 6:1 3:1 asset:1 33:2 14:1 billion:6 89:1 deposit:1 01:1 19:1 86:1 loan:2 21:1 76:1 70:1 note:1 include:2 provision:1 40:1 48:1 quarter:2 748:1 pretax:1 gain:1 sale:1 security:1 11:1 29:1 13:1 130:1
MELLON BANK CORP <MEL> 3RD QTR NET Shr profit 47 cts vs profit 1.78 dlrs Net profit 16 mln vs profit 53 mln Avg shrs 27.7 mln vs 27.4 mln Nine mths Shr loss 22.51 dlrs vs profit 5.78 dlrs Net loss 610 mln vs profit 168 mln Avg shrs 217.6 mln vs 27.3 mln Assets 33.14 billion vs 33.89 billion Deposits 22.01 billion vs 19.86 billion Loans 21.76 billion vs 22.70 billion NOTE: Net includes loan loss provisions of 40 mln dlrs vs 48 mln dlrs in quarter and 748 mln dlrs vs 217 mln dlrs in nine mths. Net includes pretax gains on sale of securities of 11 mln dlrs vs 29 mln dlrs in quarter and 13 mln dlrs vs 130 mln dlrs in nine mths.
test/20228
test/20228 |@title musicland:1 group:1 inc:1 tmg:1 3rd:1 qtr:1 net:1 sept:1 25:1 |@word shr:2 28:1 ct:4 vs:8 14:1 net:2 3:1 110:1 000:4 1:4 286:1 sale:2 112:1 7:1 mln:8 93:1 8:3 avg:2 shrs:2 11:1 2:1 9:3 nine:1 mth:1 58:1 15:1 6:1 377:1 332:1 307:1 233:1 10:1 note:1 effective:1 september:1 25:1 1987:1 primerica:1 corp:1 pa:1 81:1 4:1 pct:1 musicland:1 common:1 share:1
MUSICLAND GROUP INC <TMG> 3RD QTR NET SEPT 25 Shr 28 cts vs 14 cts Net 3,110,000 vs 1,286,000 Sales 112.7 mln vs 93.8 mln Avg shrs 11.2 mln vs 9.1 mln Nine Mths Shr 58 cts vs 15 cts Net 6,377,000 vs 1,332,000 Sales 307.8 mln vs 233.8 mln Avg shrs 10.9 mln vs 9.1 mln NOTE: Effective September 25, 1987, Primerica Corp <PA> owned 81.4 pct of Musicland's common shares.
test/20230
test/20230 |@title reagan:1 send:1 int:1 l:1 rubber:1 agreement:1 senate:1 |@word president:1 reagan:2 send:1 five:1 year:1 international:1 natural:2 rubber:3 agreement:2 senate:1 approval:1 say:1 accord:1 design:1 stabilize:1 price:3 without:1 disturb:1 long:1 term:1 market:1 trend:1 foster:1 expand:1 supply:1 reasonable:1 continue:1 buffer:1 stock:1 550:1 000:1 tonne:1 establish:1 197agreement:1 use:1 defend:1 regularly:1 adjust:1 range:1 finance:1 equally:1 import:1 export:1 member:1
REAGAN SENDS INT'L RUBBER AGREEMENT TO SENATE President Reagan sent the five-year International Natural Rubber Agreement to the Senate for approval. Reagan said the accord is designed to stabilize rubber prices without disturbing long-term market trends and to foster expanded natural rubber supplies at reasonable prices. It continues a buffer stock of not more than 550,000 tonnes established by a 197agreement. This will be used to defend a regularly adjusted price range and will be financed equally by importing and exporting members of the agreement.
test/20231
test/20231 |@title pressing:1 need:1 soviet:1 wheat:1 subsidy:1 lyng:1 |@word soviets:1 indicate:3 urgent:1 need:4 u:5 wheat:8 subsidy:6 offer:7 unlikely:1 soviet:6 summit:3 expect:1 hold:1 next:2 month:1 agriculture:4 secretary:4 richard:1 lyng:8 tell:1 reuters:2 exclusive:1 interview:1 say:9 know:2 united:3 states:3 moscow:4 another:2 year:6 make:1 last:1 well:1 nothing:1 take:1 place:1 pressing:1 part:1 sort:1 deal:2 ask:2 would:7 think:2 kind:2 topic:1 appropriate:1 discussion:2 issue:1 president:2 chairman:1 get:1 specific:1 negotiation:1 mr:1 nikonov:1 communist:1 party:1 trade:1 something:1 discuss:3 presidential:1 uncertainty:1 quality:1 major:1 produce:1 area:1 world:1 volatile:1 price:1 still:1 unfinished:1 grain:2 harvest:1 could:1 delay:1 final:1 decision:1 timing:1 future:1 long:3 term:2 agreement:6 first:1 question:2 benefit:3 standing:1 three:2 row:1 fail:2 live:2 end:1 love:1 continue:1 keep:1 busine:1 union:1 feel:1 certainly:1 hope:1 run:1 consider:1
NO PRESSING NEED FOR SOVIET WHEAT SUBSIDY - LYNG The Soviets have not indicated an urgent need for a U.S. wheat subsidy offer, and it is unlikely that such an offer will be ma during the U.S./Soviet summit expected to be held next month, Agriculture Secretary Richard Lyng told Reuters. In an exclusive interview with Reuters, Lyng said he did not know if the United States will offer Moscow another wheat subsidy offer this year or when that offer will be made. 'Last year it was well into the year before we offered it. There's been nothing that's taken place to indicate to me that there's a pressing need on their part for that sort of deal (a wheat subsidy).' When asked if a subsidy would be offered at a U.S./Soviet summit, Lyng said, 'No, I don't think so. I don't think that.' The Agriculture Secretary said a U.S. wheat subsidy deal to Moscow would not be the kind of topic appropriate for discussion at a summit. 'It would not be the kind of issue that the President or the Chairman would get into specific negotiations or discussions about,' Lyng said. 'When Mr. Nikonov (communist party secretary for agriculture) was here ... he indicated that trade in wheat was not something that would be discussed with the President of the United States. He said it's not presidential,' Lyng said. Lyng said uncertainties about wheat quality in some major producing areas of the world, volatile wheat prices and the still unfinished Soviet grain harvest could delay any final decision on the timing of another wheat subsidy to Moscow. The future of the U.S./Soviet long-term grains agreement will be discussed the first of next year, Lyng said, but the Agriculture Secretary questioned the benefits of the long-standing agreement. 'We've had three years in a row in which the Soviets have failed to live up to their end of the agreement ... We would love to continue to keep doing busines with the Soviet Union, but do we need a long-term agreement. Who benefits from that. These are some of the questions we need to discuss.' When asked if he felt the United States has benefitted from the agreement, Lyng said, 'I don't know. It certainly hasn't been what we had hoped it would be. For three years running they've (Moscow) failed to live up to what we considered was an agreement.'
test/20232
test/20232 |@title lyng:1 say:1 india:1 food:1 aid:1 package:1 ready:1 |@word united:2 states:2 india:5 yet:1 agree:2 food:3 aid:2 package:3 help:1 drought:1 stricken:1 asian:1 country:4 agriculture:1 secretary:1 richard:1 lyng:6 say:7 tell:1 reuters:1 interview:1 two:2 discuss:1 expect:1 specific:1 offer:2 announce:2 indian:2 prime:1 minister:1 rajiv:1 gandhi:3 visit:2 week:1 talk:1 potential:1 need:2 may:2 commercial:2 market:1 purchase:2 well:1 possibility:1 assistance:1 point:1 detailed:1 plan:2 program:2 amount:1 commodity:2 uncertain:1 indicate:2 indians:4 stand:1 ready:1 assist:1 whatever:1 way:2 deem:1 valuable:1 speculation:1 trade:1 circle:1 usda:1 would:4 subsidized:1 vegetable:1 oil:1 export:1 enhancement:1 donate:2 surplus:2 corn:1 section:1 419:1 amend:1 1949:1 law:1 unable:1 mix:1 concessional:1 washington:2 prefer:1 include:1 something:1 capable:1 lot:1 take:1 care:1 come:1 long:1 ability:1 produce:1 great:1 pride:1 obviously:1 still:1 many:1 like:2 share:1 import:1 business:1 always:1 compassion:1 people:1 cooperate:1 meet:1 official:1 add:1 know:1 anything:1 specifically:1 ask:1 ball:1 court:1 yes:1 leave:1 tuesday:1 evening:1
LYNG SAYS INDIA FOOD AID PACKAGE NOT READY The United States and India have not yet agreed on a food aid package to help the drought-stricken Asian country, Agriculture Secretary Richard Lyng said. Lyng told Reuters in an interview that the two countries have been discussing a package but that he did not expect the specifics of the offer to be announced during Indian Prime Minister Rajiv Gandhi's visit here this week. 'We have been talking about the potential needs that India might have for both their commercial market and purchases needs as well as the possibilities of assistance,' Lyng said. 'At this point, there is no detailed plan or program. The amounts of what commodities are uncertain. But we have indicated to the Indians that we stand ready to assist in whatever way they deem most valuable,' he said. There has been speculation in trade circles that USDA would offer India subsidized vegetable oil under the export enhancement program and donate surplus corn under Section 419 of an amended 1949 law. Lyng indicated the two countries have been unable to agree on the mix of concessional and commercial aid, and that Washington would prefer the package include something other than donated food. 'The Indians are capable of purchasing a lot, of taking care of themselves. India is a country that has come a long way in its ability to produce food and they have a great pride in that,' Lyng said. 'We (the United States) obviously, with the surpluses we still have of many commodities..., would like to share in the import business the Indians do, and then we have some, as we always do, compassion for the people of India and would like to cooperate with them,' he said. Lyng said he had no plans to meet with Indian officials during Gandhi's visit here, adding, 'I just don't know of anything that might be announced specifically.' Asked if 'the ball was in the Indians' court,' he said, 'Yes.' Gandhi is to leave Washington Tuesday evening.
test/20233
test/20233 |@title melville:1 corp:1 mes:1 3rd:1 qtr:1 net:1 |@word shr:2 95:1 ct:2 vs:6 87:1 net:2 51:1 6:2 mln:4 47:1 3:3 revs:2 1:3 39:1 billion:4 26:1 nine:1 mth:1 2:1 27:1 dlrs:2 93:1 123:1 5:1 104:1 92:1 53:1
MELVILLE CORP <MES> 3RD QTR NET Shr 95 cts vs 87 cts Net 51.6 mln vs 47.3 mln Revs 1.39 billion vs 1.26 billion Nine mths Shr 2.27 dlrs vs 1.93 dlrs Net 123.5 mln vs 104.6 mln Revs 3.92 billion vs 3.53 billion
test/20234
test/20234 |@title bolt:1 beranek:1 newman:1 inc:1 bbn:1 1st:1 qtr:1 net:1 |@word end:1 sept:1 30:1 shr:1 22:1 ct:2 vs:3 18:1 net:1 4:1 127:1 000:2 3:1 177:1 sale:1 70:1 2:1 mln:2 48:1 6:1 note:1 share:1 adjust:1 july:1 1987:1 two:1 one:1 stock:1 split:1
BOLT BERANEK AND NEWMAN INC <BBN> 1ST QTR NET ended sept 30 Shr 22 cts vs 18 cts Net 4,127,000 vs 3,177,000 Sales 70.2 mln vs 48.6 mln NOTE: Share adjusted for July 1987 two-for-one stock split.
test/20235
test/20235 |@title dominion:1 resources:1 inc:1 3rd:1 qtr:1 net:1 |@word shr:2 1:4 52:1 dlrs:4 vs:8 37:1 net:2 144:1 5:1 mln:10 127:1 3:3 revs:2 909:1 8:2 824:1 7:1 avg:2 shrs:2 95:1 92:1 9:2 12:1 mth:1 4:2 62:1 05:1 435:1 372:1 28:1 billion:2 2:1 94:2 91:1
DOMINION RESOURCES INC <D> 3RD QTR NET Shr 1.52 dlrs vs 1.37 dlrs Net 144.5 mln vs 127.3 mln Revs 909.8 mln vs 824.7 mln Avg shrs 95.1 mln vs 92.9 mln 12 mths Shr 4.62 dlrs vs 4.05 dlrs Net 435.9 mln vs 372.1 mln Revs 3.28 billion vs 2.94 billion Avg shrs 94.3 mln vs 91.8 mln
test/20237
test/20237 |@title inter:1 regional:1 financial:1 ifg:1 3rd:1 qtr:1 oper:1 net:1 |@word oper:4 shr:2 30:1 ct:9 vs:8 26:1 net:2 2:4 360:1 000:11 018:1 revs:2 74:1 4:3 mln:4 70:1 1:2 nine:3 mth:1 92:2 7:2 101:1 116:1 218:1 8:1 209:1 note:1 earning:2 exclude:2 gain:2 utilization:1 tax:1 loss:3 carryforward:1 978:1 dlrs:7 13:1 share:6 967:1 66:1 quarter:2 895:1 37:1 944:1 64:1 month:2 1986:1 discontinue:1 operation:1 9:1 19:1 387:1 five:1
INTER-REGIONAL FINANCIAL<IFG> 3RD QTR OPER NET Oper shr 30 cts vs 26 cts Oper net 2,360,000 vs 2,018,000 Revs 74.4 mln vs 70.1 mln Nine mths Oper shr 92 cts vs 92 cts Oper net 7,101,000 vs 7,116,000 Revs 218.8 mln vs 209.2 mln NOTE: Earnings exclude a gain from utilization of tax loss carryforwards of 978,000 dlrs, or 13 cts a share vs a loss of 4,967,000 dlrs, or 66 cts a share in the quarter and gains of 2,895,000 dlrs, or 37 cts a share vs 4,944,000 dlrs, or 64 cts a share in the nine months 1986 earnings exclude losses from discontinued operations of 9,000,000 dlrs, or 1.19 dlrs a share in the quarter and 387,000 dlrs, or five cts a share in the nine months
test/20239
test/20239 |@title algeria:1 buy:1 75:1 000:1 tonne:1 eep:1 wheat:1 trade:1 |@word indication:1 usda:2 accept:2 algeria:2 bid:4 75:1 000:4 tonne:4 hard:1 red:1 winter:1 wheat:2 reject:2 remain:1 225:1 export:1 bonus:1 tender:1 u:1 exporter:1 say:3 94:1 00:1 dlrs:1 per:1 c:1 f:1 50:1 nov:2 10:2 25:2 shipment:2 20:1 dec:1 source:1 later:1 date:1
ALGERIA BUYS 75,000 TONNES EEP WHEAT - TRADE Indications are that USDA accepted Algeria's bid for 75,000 tonnes of hard red winter wheat, but rejected bids for the remaining 225,000 tonnes under its export bonus tender, U.S. exporters said. USDA accepted Algeria's bid of 94.00 dlrs per tonne, c and f, for 50,000 tonnes for Nov 10-25 shipment and 25,000 for Nov 20-Dec 10, the sources said. It rejected bids for wheat for later shipment dates, they said.
test/20241
test/20241 |@title gte:2 corp:1 3rd:1 qtr:1 net:1 |@word shr:2 86:2 ct:6 vs:6 96:1 net:6 297:1 mln:9 325:1 revs:2 2:5 95:1 billion:4 nine:2 mth:1 30:1 dlrs:7 74:1 785:1 916:1 11:2 3:2 1:1 note:1 1986:2 share:6 result:1 restate:1 stock:1 split:1 january:1 1987:3 period:2 include:3 business:2 reposition:2 gain:3 16:1 five:1 early:1 retirement:1 program:1 65:1 20:1 month:1 also:1 pre:1 tax:2 charge:1 175:1 gte:1 special:1 write:1 u:1 sprint:1 reduce:1 104:1 31:1 32:1 10:1 per:1
GTE CORP <GTE> 3RD QTR NET Shr 86 cts vs 96 cts Net 297 mln vs 325 mln Revs 2.95 billion vs 2.86 billion Nine mths Shr 2.30 dlrs vs 2.74 dlrs Net 785 mln vs 916 mln Revs 11.3 billion vs 11.1 billion NOTE: 1986 share results restated for 3-for-2 stock split in January 1987 1987 net in both periods includes business repositioning gains of 16 mln dlrs, or five cts a share, and gains from early retirement programs of 65 mln dlrs, or 20 cts a share 1987 nine months net also includes pre-tax charge of 175 mln dlrs for GTE's share of a special write-off at U.S. Sprint which reduced after tax net by 104 mln dlrs, or 31 cts a share 1986 net in both periods includes business repositioning gains of 32 mln dlrs, or 10 cts per share
test/20247
test/20247 |@title african:1 consumer:1 inflation:1 fall:1 september:1 |@word south:1 african:1 year:5 consumer:2 price:2 inflation:2 september:2 fall:1 15:1 5:1 pct:4 16:1 3:2 august:2 central:1 statistics:1 office:1 figure:1 show:1 monthly:1 rise:1 item:1 index:2 base:1 1980:1 1:1 273:1 4:1 edge:1 270:1 0:1 ago:1 stand:1 236:1 7:2 19:1
S. AFRICAN CONSUMER INFLATION FALLS IN SEPTEMBER South African year-on-year consumer price inflation in September fell to 15.5 pct from 16.3 pct in August, Central Statistics Office figures show. The monthly rise in the all items index (base 1980) was 1.3 pct to 273.4 in September after edging up to 270.0 in August. A year ago the index stood at 236.7 and year-on-year consumer price inflation at 19.7 pct.
test/20248
test/20248 |@title 20:2 oct:2 1987:2 |@word
20-OCT-1987 20-OCT-1987
test/20249
test/20249 |@title u:1 west:1 usw:1 3rd:1 qtr:1 net:1 |@word shr:2 1:2 46:1 dlrs:5 vs:6 41:1 net:2 277:1 5:2 mln:4 268:1 3:3 revs:2 2:2 13:1 billion:4 14:1 nine:1 mth:1 95:1 78:1 750:1 718:1 4:1 6:2 28:1 22:1
U S WEST <USW> 3RD QTR NET Shr 1.46 dlrs vs 1.41 dlrs Net 277.5 mln vs 268.3 mln dlrs Revs 2.13 billion vs 2.14 billion Nine Mths Shr 3.95 dlrs vs 3.78 dlrs Net 750.5 mln vs 718.4 mln Revs 6.28 billion vs 6.22 billion
test/20251
test/20251 |@title kelsey:1 hayes:1 canada:1 ltd:1 kel:1 nine:1 mth:1 net:1 |@word shr:1 44:1 ct:1 vs:3 1:1 23:1 dlrs:1 net:1 2:1 889:1 010:1 8:2 105:2 462:1 sale:1 mln:2 119:1 6:1
KELSEY-HAYES CANADA LTD <KEL.TO> NINE MTHS NET Shr 44 cts vs 1.23 dlrs Net 2,889,010 vs 8,105,462 Sales 105.8 mln vs 119.6 mln
test/20252
test/20252 |@title rockefeller:1 center:1 properties:1 inc:1 rcp:1 3rd:1 qtr:1 |@word shr:2 30:1 ct:4 vs:6 31:1 net:2 11:2 3:3 mln:8 7:1 revs:2 26:2 5:2 nine:1 mth:1 92:1 95:1 34:1 35:1 78:2 8:1 2:1
ROCKEFELLER CENTER PROPERTIES INC <RCP> 3RD QTR Shr 30 cts vs 31 cts Net 11.3 mln vs 11.7 mln Revs 26.5 mln vs 26.3 mln Nine mths Shr 92 cts vs 95 cts Net 34.3 mln vs 35.5 mln Revs 78.8 mln vs 78.2 mln
test/20255
test/20255 |@title aritech:1 corp:1 arit:1 3rd:1 qtr:1 oct:1 two:1 |@word shr:2 34:1 ct:4 vs:6 33:1 net:2 1:2 031:1 000:4 972:1 revs:3 27:1 9:3 mln:8 26:1 nine:3 mth:3 93:1 76:1 2:2 802:1 267:1 86:1 77:1 7:2 note:1 1987:1 3rd:2 qtr:2 include:2 sale:2 adt:1 inc:1 3:2 0:1 dlrs:4 10:2 1986:1 5:1
ARITECH CORP <ARIT.O> 3RD QTR OCT TWO Shr 34 cts vs 33 cts Net 1,031,000 vs 972,000 Revs 27.9 mln vs 26.9 mln Nine mths Shr 93 cts vs 76 cts Net 2,802,000 vs 2,267,000 Revs 86.1 mln vs 77.7 mln NOTE: 1987 3rd qtr and nine mths revs includes sales to ADT Inc of 3.0 mln dlrs and 10.9 mln dlrs. 1986 3rd qtr and nine mths includes sales of 3.5 mln dlrs and 10.7 mln dlrs.
test/20256
test/20256 |@title southold:1 savings:1 bank:1 sdsb:1 3rd:1 qtr:1 net:1 |@word shr:1 50:1 ct:1 net:2 2:2 751:1 000:4 vs:5 094:1 nine:2 mth:2 6:1 993:1 5:2 577:1 asset:1 603:1 1:2 mln:6 504:1 3:1 loan:1 448:1 358:1 deposit:1 467:1 9:1 447:1 7:1 note:1 per:1 share:1 figure:1 1986:1 1987:2 available:1 bank:1 convert:1 stock:1 form:1 company:1 april:1
SOUTHOLD SAVINGS BANK <SDSB.O> 3RD QTR NET Shr 50 cts Net 2,751,000 vs 2,094,000 Nine mths Net 6,993,000 vs 5,577,000 Assets 603.1 mln vs 504.3 mln Loans 448.5 mln vs 358.1 mln Deposits 467.9 mln vs 447.7 mln NOTE: Per share figures for 1986 and 1987 nine mths not available as bank converted to stock form of company in April 1987.
test/20257
test/20257 |@title constellation:1 bancorp:1 cstl:1 3rd:1 qtr:1 net:1 |@word shr:2 78:1 ct:2 vs:4 61:1 net:2 4:1 774:1 000:2 3:1 683:1 nine:1 mth:1 2:1 14:1 dlrs:2 1:2 77:1 13:1 mln:2 10:1 7:1
CONSTELLATION BANCORP <CSTL.O> 3RD QTR NET Shr 78 cts vs 61 cts Net 4,774,000 vs 3,683,000 Nine mths Shr 2.14 dlrs vs 1.77 dlrs Net 13.1 mln vs 10.7 mln
test/20258
test/20258 |@title sri:1 lanka:1 postpones:1 eep:1 wheat:1 tender:1 trade:1 |@word sri:1 lanka:1 postpone:1 november:1 tender:1 75:1 000:1 tonne:1 wheat:1 export:1 bonus:1 program:1 originally:1 schedule:1 today:1 u:1 exporter:1 say:1
SRI LANKA POSTPONES EEP WHEAT TENDER - TRADE Sri Lanka has postponed until November its tender for 75,000 tonnes of wheat under the export bonus program, originally scheduled for today, U.S. exporters said.
test/20259
test/20259 |@title louvre:1 reaffirmation:1 enough:1 u:2 k:1 analyst:1 |@word west:2 german:2 reaffirmation:1 support:3 louvre:2 accord:3 cure:1 fundamental:2 problem:2 bedevil:1 world:4 economy:3 lie:1 behind:1 current:1 collapse:2 stock:4 market:7 london:2 economist:3 say:9 go:3 acknowledgement:1 dollar:7 allow:1 slip:1 richard:1 jeffrey:1 hoare:1 govett:1 continue:1 fear:4 pressure:2 emerge:1 fed:2 force:1 tighten:1 throw:1 economic:2 abyss:1 recession:3 u:5 obvious:1 knock:1 effect:2 rest:1 add:3 wall:2 street:2 crash:3 drag:1 major:1 may:2 help:3 curb:2 spark:1 turmoil:1 namely:1 inflation:2 massive:1 persistent:1 trade:1 deficit:1 benefit:1 23:1 pct:2 fall:3 sort:1 resistance:1 worldwide:1 geoffrey:1 dennis:3 brokers:1 james:1 capel:2 echo:1 comment:1 tokyo:1 analyst:1 low:3 personal:1 wealth:1 price:1 dampen:1 credit:1 growth:2 inflationary:1 import:1 demand:1 consideration:1 bond:1 resist:1 equity:2 mike:1 osborne:1 kleinwort:1 grieveson:1 would:3 suicidal:1 government:1 context:1 happen:1 last:2 couple:1 day:1 jack:1 interest:1 rate:2 surge:1 news:3 chemical:1 bank:1 cut:1 prime:1 lending:1 half:1 point:1 9:1 25:1 tuesday:1 chairman:1 alan:1 greenspan:1 pledge:1 financial:1 system:1 erode:1 immediate:1 spill:1 via:1 banking:1 crisis:1 example:1 thus:1 precipitate:1 also:1 rally:1 sharply:1 high:2 1:2 8200:1 mark:1 european:1 7880:1 today:1 whiplash:1 move:1 long:1 term:1 significance:1 try:1 keep:1 underlie:1 mind:1 united:1 states:1 able:1 live:1 borrow:1 time:1 produce:1 slow:1 contain:1 good:1 provide:1 realistic:1 assessment:1 still:2 much:1 danger:1 liquidity:1 disappear:2 note:1 david:1 morrison:2 goldman:1 sachs:1 international:1 turbulence:1 exacerbate:1 group:1 seven:1 g:1 7:1 lead:1 western:1 nation:1 confirm:1 base:1 imply:1 finance:1 minister:1 gerhard:1 stoltenberg:1 remark:1 intervention:2 currency:2 week:1 partly:1 trigger:1 expectation:1 germans:1 worried:1 money:1 supply:1 impact:1 maintain:1 stability:1 rigid:1 adherence:1 range:1 bad:1 fundamentally:1 misconceived:1 stabilise:1 level:1 wrong:1
LOUVRE REAFFIRMATION NOT ENOUGH - U.K. ANALYSTS U.S. And West German reaffirmation of support for the Louvre Accord cannot cure the fundamental problems bedevilling the world economy which lie behind the current collapse in stock markets, London economists said. 'There's going to have to be some acknowledgement that the dollar is going to be allowed to slip,' said Richard Jeffrey of Hoare Govett. 'If not, there is going to be continued fear that when pressure emerges on the dollar, the Fed will be forced to tighten. This throws up the economic abyss of recession in the U.S. With obvious knock on effects on the rest of the world.' But some economists added that Wall Street's crash, which dragged other major markets down with it, may help curb the very problems that sparked the turmoil - namely world inflation fears and the massive and persistent U.S. Trade deficits. 'If there is a benefit from a 23 pct fall in Wall Street ...It's some sort of resistance to inflation worldwide,' said Geoffrey Dennis of brokers James Capel, echoing comments from other London and Tokyo analysts. Lower personal wealth from lower stock prices and fears of further falls should dampen credit growth, curbing inflationary pressures and import demand in the U.S., They say. Such considerations may be helping bond markets resist the equity crash, according to Mike Osborne of Kleinwort Grieveson. 'It would be suicidal for any government in the context of what happened in the last couple of days to jack up their interest rates,' he added. Stocks surged after news Chemical Bank cut its prime lending rate half a point to 9.25 pct Tuesday and U.S. Fed chairman Alan Greenspan pledged support for the financial system. The news eroded the most immediate fears that the stock collapse would spill over into the economy, via a banking crisis for example, thus precipitating recession. It also helped the dollar rally sharply, to a high of 1.8200 marks from a European low of 1.7880. But economists said today's whiplash moves do not have long term significance and that markets should try to keep the underlying fundamentals in mind. 'The United States has been able to live on borrowed time. If the effect of this (crash) is to produce slower economic growth not recession...It contains good news (and) provides a more realistic assessment of the U.S. Economy,' said Capel's Dennis. But he added that markets are still very much in danger. 'The liquidity doesn't disappear...All it's doing is disappearing from the equity markets,' Dennis noted. David Morrison of Goldman Sachs International said world market turbulence will be exacerbated if the Group of Seven (G-7) leading western nations confirms a base for the dollar, as implied by West German Finance Minister Gerhard Stoltenberg's remarks that intervention to support currencies is still on. Last week's dollar fall was partly triggered by expectations that the Germans were more worried about the money supply impact of such intervention than maintaining currency stability. But rigid adherence to dollar ranges would be bad, said Morrison. 'The Louvre Accord is fundamentally misconceived. To stabilise the dollar at too high a level is wrong,' he said.
test/20261
test/20261 |@title new:1 container:1 crane:1 arrive:1 tanzania:1 port:1 |@word two:2 large:1 container:4 crane:4 donate:1 danish:2 international:1 development:1 agency:1 danida:1 arrive:2 dar:1 es:1 salaam:1 help:1 increase:2 port:3 cargo:1 handle:2 capacity:2 official:2 say:2 new:1 join:1 one:1 already:1 instal:1 important:1 trade:1 outlet:1 tanzania:1 zambia:1 malawi:1 eastern:1 zaire:1 five:1 finland:1 due:1 soon:1 terminal:1 120:1 000:2 unit:1 per:1 year:1 30:1 present:1
NEW CONTAINER CRANES ARRIVE AT TANZANIA PORT Two large container cranes donated by the Danish International Development Agency (DANIDA) have arrived in Dar es Salaam where they will help to increase the port's cargo handling capacity, port officials said. The two new container cranes join one Danish container crane already installed in the port, which is an important trade outlet for Tanzania, Zambia, Malawi and eastern Zaire. Five more cranes from Finland are due to arrive soon, increasing the container terminal's handling capacity to 120,000 units per year from 30,000 at present, the officials said.
test/20262
test/20262 |@title u:1 k:1 credit:1 policy:1 see:1 steady:1 despite:1 bank:1 datum:1 |@word unexpectedly:1 heavy:2 4:4 billion:3 stg:5 surge:2 u:11 k:11 september:3 sterling:4 bank:15 lending:9 unlikely:2 nudge:1 england:3 towards:1 tighten:1 monetary:4 policy:1 long:2 remain:1 present:1 robust:1 state:1 economist:4 say:8 acute:1 crisis:1 confidence:1 equity:6 market:11 past:3 two:2 day:3 case:1 subdue:1 personal:3 consumer:4 credit:4 demand:1 largely:1 behind:1 growth:6 normal:1 course:1 event:1 would:3 extremely:1 worried:1 figure:4 note:5 peter:1 spencer:3 suisse:1 first:1 boston:1 initial:1 dip:1 reaction:1 datum:2 compare:1 win:1 august:5 rise:9 government:2 bond:1 gilt:2 soar:1 investor:1 continue:3 flee:1 plummette:1 relative:1 security:2 drop:1 sharply:1 news:2 touch:1 low:1 1:2 766:1 7:1 ftse:1 100:1 index:1 stage:1 recovery:1 hold:1 buoyant:1 tone:1 throughout:1 money:4 rate:5 similarly:1 calm:1 response:1 resume:1 slightly:1 easy:1 trend:2 earlier:1 morning:1 little:1 token:1 blip:1 come:1 huge:1 extend:1 circumstance:1 prompt:2 fear:1 clear:1 base:2 current:1 10:2 pct:6 financial:1 last:1 thing:2 want:1 situation:1 clearly:1 bad:1 firm:1 authority:1 put:1 kevin:1 boake:2 chief:1 greenwell:1 montagu:1 edge:1 point:3 narrow:1 measure:1 m0:1 5:3 2:1 year:4 must:1 cause:1 concern:2 treasury:2 fact:1 overall:1 broad:2 slow:2 rather:1 encouraging:1 sign:1 paul:1 temperton:3 merrill:1 lynch:1 capital:1 fall:2 m3:1 aggregate:2 19:1 22:1 engineer:1 one:1 early:1 caution:1 endorse:1 subsequently:1 massive:1 9:1 july:1 particular:1 focus:1 worry:1 period:1 behaviour:2 asset:2 housing:1 key:1 influence:1 light:1 precipitous:1 almost:2 certainly:2 straightforward:1 impact:1 spending:1 retail:1 sale:1 look:2 forward:1 borrowing:2 shakeout:1 add:2 think:1 stock:1 decide:1 talk:1 serious:1 panic:1 flight:1 quality:1 official:1 important:1 information:2 grow:1 much:2 slowly:1 senior:1 banking:2 source:1 evidence:1 recent:1 fairly:1 sector:2 service:1 show:1 clearing:1 66:1 978:1 mln:1 reflect:1 quarterly:1 interest:1 payment:1
U.K. CREDIT POLICY SEEN STEADY, DESPITE BANK DATA An unexpectedly heavy 4.4 billion stg surge in U.K. September sterling bank lending is unlikely to nudge the Bank of England towards tightening monetary policy as long as sterling remains in its present robust state, economists said. An acute crisis of confidence in equity markets over the past two days will in any case subdue personal consumer credit demand which has largely been behind growth in lending. 'In the normal course of events the markets would have been extremely worried about that figure,' noted Peter Spencer, U.K. Economist with Credit Suisse First Boston. After an initial dip in reaction to the bank lending data, which compared won stg August rise, U.K. Government bonds (gilts) soared as investors continued to flee from plummetting equities into the relative security of government securities. Equity markets dropped sharply on the news, touching a day's low of 1,766.7 on the FTSE 100 index after the data, before staging a recovery. Sterling held its buoyant tone throughout. U.K. Money market rates, in a similarly calm response, resumed the slightly easier trend of earlier in the morning after little more than a token blip as the figures came out. Noting that such a huge rise in credit extended by banks would under other circumstances have prompted market fears of a rise in clearing bank base rates from the current 10 pct, 'With the financial markets doing what they're doing, that's the last thing the Bank of England would want to do,' Spencer said. 'The monetary situation is clearly very bad but as long as sterling is firm, the authorities are unlikely to put rates up,' said Kevin Boakes, chief U.K. Economist at Greenwell Montagu Gilt Edged. Boakes pointed to a rise in the narrow money measure M0 to 5.2 pct year-on-year from August's 4.5 pct growth, which he said must cause some concern at the Treasury. But 'The fact that overall broad money growth has slowed down is a rather encouraging sign,' noted Paul Temperton, U.K. Economist with Merrill Lynch Capital Markets. He pointed to a fall in the year-on-year growth rate of the M3 broad money aggregate to 19.5 pct in September from August's 22 pct. It was concern about credit growth which prompted the Bank of England to engineer a one point rise in U.K. Bank base rates to 10 pct in early August, caution endorsed subsequently by news of a massive 4.9 billion stg July rise in bank lending. Temperton noted that a particular focus of bank worry in that period had been the behaviour of U.K. Asset markets. Housing and equities were the key two asset markets in influencing consumer behaviour, he said. In the light of the precipitous falls on U.K. Equity markets in the past few days, 'There will almost certainly be a straightforward impact on consumer spending and on retail sales,' Temperton said. 'Almost certainly we can look forward to slower growth in consumer borrowing if the equity shakeout continues,' he added. 'I think the stock market has decided that the bank lending figure is a thing of the past...We are talking about a very serious panic and a flight to quality,' Spencer said. A U.K. Treasury official said that it was important to look at all the monetary information, not just the bank lending, adding that monetary aggregates were growing much more slowly than bank lending. Senior banking sources noted that the surge in bank lending was evidence of the continuing recent trend of fairly heavy personal sector borrowing. Figures from the Banking Information Service showed personal sector lending by U.K. Clearing banks rose by 1.66 billion stg in September after a 978 mln stg August rise. Much of the rise reflected quarterly interest payments.
test/20263
test/20263 |@title fed:1 expect:1 add:1 reserve:1 via:1 customer:1 rps:1 |@word federal:3 reserve:2 expect:2 enter:1 government:1 security:1 market:2 add:3 via:1 customer:1 repurchase:2 agreement:1 economist:2 say:1 amount:1 total:1 around:1 1:2 5:1 billion:2 two:1 dlrs:1 low:1 rate:1 fund:3 indicate:1 fed:1 unlikely:1 agressively:1 overnight:1 system:1 unless:1 feel:1 need:1 calm:1 volatile:1 financial:1 trade:1 7:2 8:1 pct:2 yesterday:1 average:1 61:1
FED EXPECTED TO ADD RESERVES VIA CUSTOMER RPS The Federal Reserve is expected to enter the government securities market to add reserves via customer repurchase agreements, economists said. They expected the amount to total around 1.5 billion to two billion dlrs. Economists added that the low rate on federal funds indicates the Fed is unlikely to add funds agressively through overnight system repurchases, unless it feels the need to calm volatile financial markets. Federal funds were trading at 7-1/8 pct, down from yesterday's average of 7.61 pct.
test/20264
test/20264 |@title taiwan:1 foreign:1 exchange:1 reserve:1 hit:1 record:1 high:1 |@word taiwan:3 foreign:1 exchange:1 reserve:4 bouye:1 rise:2 export:3 hit:2 record:2 high:1 likely:2 soar:1 72:2 billion:14 u:5 dlrs:6 year:8 end:3 central:2 bank:3 official:3 say:4 tuesday:1 governor:1 chang:2 chi:1 cheng:1 tell:2 reporter:1 total:2 69:1 compare:3 42:1 time:1 last:3 68:1 october:1 5:1 decline:2 elaborate:1 senior:1 name:1 reuters:1 reach:2 surge:1 result:1 trade:4 surplus:4 recent:1 purchase:1 dollar:1 local:1 interbank:1 market:1 14:1 95:1 first:1 nine:1 month:1 1987:1 11:1 05:1 early:1 figure:1 show:1 vice:1 economic:1 minister:1 wang:1 chien:2 hsien:1 20:1 80:2 pct:1 come:1 island:1 united:1 states:1 63:1 96:1 expect:1 50:1 import:2 30:1 39:1 79:1 24:1 17:1
TAIWAN FOREIGN EXCHANGE RESERVES HIT RECORD HIGH Taiwan's foreign exchange reserves, bouyed by rising exports, have hit a record high and are likely to soar to 72 billion U.S. Dlrs by the year end, central bank officials said Tuesday. Central Bank Governor Chang Chi-cheng told reporters the reserves totalled about 69 billion U.S. Dlrs, compared with about 42 billion at the same time last year and 68 billion on October 5. He declined to elaborate. A senior bank official, who declined to be named, told Reuters the reserves were likely to reach 72 billion dlrs at the end of the year. 'The surge in reserves is the result of our trade surplus and recent purchases of U.S. Dollars on the local interbank market,' Chang said. Taiwan's trade surplus hit a record 14.95 billion U.S. Dlrs in the first nine months of 1987 compared with 11.05 billion a year earlier, official figures show. Vice Economic Minister Wang Chien-hsien said the surplus will rise to about 20 billion dlrs by the end of the year. About 80 pct of the surplus will come from the island's trade with the United States. Chien said Taiwan's trade will reach 80 billion U.S. Dlrs this year compared with 63.96 billion last year. Its exports are expected to total 50 billion and imports 30 billion against exports of 39.79 billion and imports of 24.17 billion last year.
test/20265
test/20265 |@title |@word bank:2 france:2 say:2 leave:2 intervention:2 rate:2 unchanged:2 7:2 1:2 2:2 pct:2
Bank of France says it leaves intervention rate unchanged at 7-1/2 pct Bank of France says it leaves intervention rate unchanged at 7-1/2 pct
test/20266
test/20266 |@title louisiana:1 pacific:1 corp:1 lpx:1 3rd:1 qtr:1 net:1 |@word shr:2 1:5 11:1 dlrs:3 vs:6 59:1 ct:1 net:2 42:1 6:1 mln:6 22:1 2:2 sale:2 531:1 8:1 407:1 4:1 nine:1 mth:1 45:1 27:1 93:1 7:1 48:1 44:1 billion:2 12:1
LOUISIANA-PACIFIC CORP <LPX> 3RD QTR NET Shr 1.11 dlrs vs 59 cts Net 42.6 mln vs 22.2 mln Sales 531.8 mln vs 407.4 mln Nine mths Shr 2.45 dlrs vs 1.27 dlrs Net 93.7 mln vs 48.1 mln Sales 1.44 billion vs 1.12 billion
test/20267
test/20267 |@title scrap:1 crepe:1 rubber:1 price:1 firat:1 colombo:1 auction:1 |@word scrap:1 crepe:4 price:2 firm:2 good:2 shortcovering:1 demand:1 colombo:1 rubber:3 auction:1 broker:1 say:1 one:3 x:2 brown:1 trade:2 19:1 75:1 rupee:4 per:1 kg:1 15:1 cent:1 last:1 rate:1 grade:1 also:1 show:1 improvement:1 rise:1 attribute:1 shortage:1 available:1 manufacture:1 type:1 latex:1 unchanged:1 selling:1 20:3 92:1 68:1 two:1 45:1 sheet:1 previous:1 week:1 rss1:1 average:1 22:2 05:1 previously:1 total:1 quantity:1 offer:1 sale:1 320:1 tonne:1
SCRAP CREPE RUBBER PRICES FIRAT COLOMBO AUCTION Scrap crepe prices firmed on good shortcovering demand at the Colombo rubber auction, brokers said. One-X brown was traded at 19.75 rupees per kg, up 15 cents from last rates while other grades also showed improvements. The rise was attributed to a shortage of rubber available to manufacture this type. Latex crepe prices were unchanged with the best one-X selling at 20.92 rupees. Crepe one was traded at 20.68 and crepe two at 20.45 rupees. Sheet was firm as in previous weeks with RSS1 averaging 22.05 rupees against 22 previously. The total quantity of rubber offered at the sale was 320 tonnes.
test/20269
test/20269 |@title olin:1 corp:1 oln:1 3rd:1 qtr:1 net:1 |@word shr:2 64:2 ct:2 vs:6 40:1 net:2 14:1 9:1 mln:5 8:1 600:1 000:1 revs:2 468:1 5:1 411:1 7:1 nine:1 mth:1 2:2 dlrs:2 96:1 61:1 6:1 67:1 0:1 1:2 43:1 billion:2 32:1
OLIN CORP <OLN> 3RD QTR NET Shr 64 cts vs 40 cts Net 14.9 mln vs 8,600,000 Revs 468.5 mln vs 411.7 mln Nine mths Shr 2.64 dlrs vs 2.96 dlrs Net 61.6 mln vs 67.0 mln Revs 1.43 billion vs 1.32 billion
test/20270
test/20270 |@title norway:1 boost:1 oil:1 output:1 22:1 pct:1 september:1 |@word norway:10 september:7 oil:4 output:6 rise:3 22:2 2:2 pct:4 1:3 07:1 mln:1 barrel:1 per:1 day:3 bpd:15 830:1 492:1 august:9 accord:1 reuter:1 survey:1 firm:1 operate:3 operator:5 say:10 sharp:1 reflect:1 high:2 several:1 big:2 field:14 resume:1 production:6 shut:2 27:2 ekofisk:5 rescue:1 project:1 industry:1 analyst:1 increase:2 exceed:1 voluntary:1 move:2 curb:1 7:1 5:1 plan:1 growth:2 design:1 back:1 opec:2 lead:1 effort:1 stabilise:1 price:1 limit:1 supply:1 world:1 crude:1 market:1 member:1 decide:1 june:1 extend:4 restraint:1 enforce:1 since:1 february:1 1987:1 north:2 sea:2 rest:1 year:1 minister:1 arne:1 oeien:1 last:3 month:4 expect:1 would:1 1988:1 policy:1 slowed:1 see:1 pump:1 168:1 023:1 48:1 195:1 phillips:1 petroleum:2 inc:1 nearby:1 valhall:2 ula:2 use:1 pipeline:1 phillip:1 raise:1 platform:1 counter:1 seabed:1 subsidence:1 bp:1 development:1 ltd:1 86:1 727:1 drop:2 237:1 shutdown:1 amoco:1 flow:1 74:1 694:1 compare:2 69:1 748:1 company:1 also:1 sharply:2 statfjord:3 84:1 share:2 british:3 sector:2 611:1 138:1 552:1 646:1 den:1 norske:1 stats:1 oljeselskap:1 statoil:2 murchison:1 like:1 yield:1 15:1 388:1 slight:1 920:1 decrease:1 previous:1 norwegian:1 partner:1 boost:1 gullfak:1 109:1 670:1 100:1 188:1 norsk:1 hydro:2 oseberg:1 test:1 mobile:1 ship:1 petro:1 jarl:1 total:1 719:1 16:1 170:1 cause:1 failure:1 bring:1 stream:1 second:1 well:1 cut:1 two:1
NORWAY BOOSTS OIL OUTPUT BY 22 PCT IN SEPTEMBER Norway's September oil output rose by 22.2 pct to 1.07 mln barrels per day (bpd) from 830,492 bpd in August, according to a Reuter survey of firms operating here. Operators said the sharp rise reflected higher output at several of Norway's biggest fields and resumed production at fields shut down for 27 days in August for the Ekofisk field rescue project. Industry analysts said the increase did not exceed Norway's voluntary move to curb by 7.5 pct planned growth in its oil output, a move designed to back OPEC-led efforts to stabilise oil prices by limiting supplies to world crude markets. Norway, not an OPEC member, decided in June to extend the production restraints, enforced since February 1 1987, on all its North Sea fields for the rest of the year. Oil Minister Arne Oeien said last month he expected Norway would extend into 1988 its policy of slowed production growth. The biggest increase was seen on the Ekofisk field, which pumped 168,023 bpd in September against 48,195 bpd in August, field operator Phillips Petroleum Norway Inc said. Ekofisk and the nearby Valhall and Ula fields, which use the Ekofisk pipeline, were shut down for most of August while Phillips raised Ekofisk platforms to counter seabed subsidence. BP Petroleum Development Norway Ltd, operator of the Ula field, said September output rose to 86,727 bpd after dropping to 27,237 bpd in August because of the shutdown. Valhall, operated by Amoco Norway A/S, flowed 74,694 bpd last month compared with 69,748 bpd in August, the company said. September production was also sharply higher at the Statfjord field. Norway's 84 pct share of Statfjord, which extends into the British North Sea sector, was 611,138 bpd against 552,646 bpd in August, operator Den Norske Stats Oljeselskap A/S (Statoil) said. Norway's 22.2 pct share of the Murchison field which, like Statfjord, extends into the British sector, yielded 15,388 bpd in September, a slight 920 bpd decrease from the previous month, Norwegian partners on the British-operated field said. Statoil boosted output at its Gullfaks field to 109,670 bpd in September, compared with 100,188 in August. Norsk Hydro, operator of the Oseberg field, said test output at the field from the mobile production ship Petro Jarl totalled 1,719 bpd last month, down sharply from 16,170 bpd in August. Hydro said the drop was caused by failure to bring on stream a second well, cutting September production to just two days.
test/20273
test/20273 |@title bristol:1 myers:1 co:1 bmy:1 3rd:1 qtr:1 net:1 |@word shr:2 70:1 ct:2 vs:6 61:1 net:2 200:1 2:1 mln:4 173:1 9:1 sale:2 1:4 38:1 billion:4 26:1 nine:1 mth:1 87:1 dlrs:2 54:1 535:1 6:1 437:1 8:1 4:1 04:1 3:1 63:1 note:1 share:1 adjust:1 two:1 one:1 stock:1 split:1
BRISTOL-MYERS CO <BMY> 3RD QTR NET Shr 70 cts vs 61 cts Net 200.2 mln vs 173.9 mln Sales 1.38 billion vs 1.26 billion Nine mths Shr 1.87 dlrs vs 1.54 dlrs Net 535.6 mln vs 437.8 mln Sales 4.04 billion vs 3.63 billion NOTE: Share adjusted for two-for-one stock split.
test/20274
test/20274 |@title xyvision:1 inc:1 xyvi:1 2nd:1 qtr:1 september:1 26:1 |@word shr:2 14:1 ct:4 vs:6 15:1 net:4 867:1 000:10 956:1 revs:2 9:1 203:1 5:1 304:1 six:3 mth:3 18:1 34:1 1:3 111:1 747:2 16:1 7:1 mln:2 10:1 4:1 note:1 1987:1 2nd:2 qtr:2 include:2 279:1 dlrs:4 432:1 tax:2 credit:2 1986:1 361:1
XYVISION INC <XYVI.O> 2ND QTR SEPTEMBER 26 Shr 14 cts vs 15 cts Net 867,000 vs 956,000 Revs 9,203,000 vs 5,304,000 Six mths Shr 18 cts vs 34 cts Net 1,111,000 vs 1,747,000 Revs 16.7 mln vs 10.4 mln NOTE: 1987 2nd qtr and six mths net includes 279,000 dlrs and 432,000 dlrs for tax credits. 1986 2nd qtr and six mths net includes 361,000 dlrs and 1,747,000 dlrs for tax credits.
test/20275
test/20275 |@title first:2 republic:2 bank:2 dallas:2 cut:2 prime:2 rate:2 9:4 25:2 pct:4 75:2 effective:2 today:2 |@word
FIRST REPUBLIC BANK DALLAS CUTS PRIME RATE TO 9.25 PCT FROM 9.75 PCT, EFFECTIVE TODAY FIRST REPUBLIC BANK DALLAS CUTS PRIME RATE TO 9.25 PCT FROM 9.75 PCT, EFFECTIVE TODAY
test/20278
test/20278 |@title perkin:1 family:1 restaurant:1 lp:1 pfr:1 3rd:1 qtr:1 |@word shr:2 30:1 ct:4 vs:6 12:1 net:2 3:1 059:1 000:4 1:2 258:1 revs:2 36:1 2:2 mln:4 29:1 nine:1 mth:1 67:1 24:1 6:1 855:1 442:1 100:1 9:1 77:1 8:1
PERKINS FAMILY RESTAURANTS LP <PFR> 3RD QTR Shr 30 cts vs 12 cts Net 3,059,000 vs 1,258,000 Revs 36.2 mln vs 29.1 mln Nine mths Shr 67 cts vs 24 cts Net 6,855,000 vs 2,442,000 Revs 100.9 mln vs 77.8 mln
test/20279
test/20279 |@title first:1 american:1 bank:1 savings:1 famb:1 3rd:1 qtr:1 |@word shr:2 35:1 ct:2 vs:8 30:1 net:4 3:2 997:1 000:11 442:1 nine:3 mth:3 1:3 04:1 dlrs:9 give:1 12:1 0:1 mln:1 8:1 161:1 note:1 company:1 go:1 public:1 july:1 1986:1 include:2 loan:1 loss:1 provision:1 500:1 105:2 quarter:2 100:1 pretax:1 gain:1 sale:1 asset:1 162:1 400:1 877:1 229:1
FIRST AMERICAN BANK FOR SAVINGS <FAMB.O> 3RD QTR Shr 35 cts vs 30 cts Net 3,997,000 vs 3,442,000 Nine mths Shr 1.04 dlrs vs not given Net 12.0 mln vs 8,161,000 NOTE: Company went public in July 1986. Net includes loan loss provisions of 500,000 dlrs vs 105,000 dlrs in quarter and 1,100,000 dlrs vs 105,000 dlrs in nine mths. Net includes pretax gains on sale of assets of 162,000 dlrs vs 400,000 dlrs in quarter and 877,000 dlrs vs 1,229,000 dlrs in nine mths.
test/20284
test/20284 |@title arkansas:1 good:1 corp:1 abz:1 3rd:1 qtr:1 net:1 |@word shr:2 dilute:2 31:1 ct:3 vs:6 60:1 net:2 3:2 276:1 776:1 6:1 846:1 367:1 rev:1 187:1 7:2 mln:5 181:1 nine:1 mth:1 52:1 1:1 51:1 dlrs:1 5:1 301:1 876:1 16:1 4:1 revs:1 535:1 513:1 0:1
ARKANSAS BEST CORP <ABZ> 3RD QTR NET Shr diluted 31 cts vs 60 cts Net 3,276,776 vs 6,846,367 Revs 187.7 mln vs 181.3 mln Nine mths Shr diluted 52 cts vs 1.51 dlrs Net 5,301,876 vs 16.4 mln Revs 535.7 mln vs 513.0 mln
test/20286
test/20286 |@title fireman:1 fund:1 corp:1 ffc:1 3rd:1 qtr:1 net:1 |@word shr:2 3:2 71:1 dlrs:7 vs:6 95:1 ct:1 net:3 233:1 8:3 mln:11 62:1 revs:2 997:1 938:1 0:4 nine:3 mth:3 5:1 06:1 2:4 24:1 327:1 148:1 00:1 billion:2 70:1 note:1 realize:2 investment:2 gain:2 taxis:1 1987:2 3rd:3 qtr:3 147:1 271:1 respectively:2 1986:1 18:1 6:2 33:1 company:1 repurchase:1 1:1 share:1 stock:1
FIREMAN'S FUND CORP <FFC> 3RD QTR NET Shr 3.71 dlrs vs 95 cts Net 233.8 mln vs 62.8 mln Revs 997.8 mln vs 938.0 mln Nine mths Shr 5.06 dlrs vs 2.24 dlrs Net 327.2 mln vs 148.0 mln Revs 3.00 billion vs 2.70 billion NOTE: Realized investment gains net of taxes for 1987 3rd qtr and nine mths were 147.0 mln dlrs and 271.0 mln dlrs, respectively. Realized investment gains for 1986 3rd qtr and nine mths were 18.6 mln dlrs and 33.6 mln dlrs, respectively. Company repurchased 1.2 mln shares of its stock during the 1987 3rd qtr.
test/20291
test/20291 |@title e:1 f:1 hutton:1 group:1 inc:1 efh:1 3rd:1 qtr:1 net:1 |@word shr:2 26:1 ct:2 vs:6 11:1 net:4 8:2 700:1 000:2 3:2 600:1 revs:2 988:1 9:1 mln:9 674:1 5:2 nine:1 mth:1 65:1 dlrs:2 1:2 38:1 120:1 6:4 43:1 2:3 7:1 billion:2 note:1 1987:1 include:2 4:2 discontinued:2 oper:2 51:1 tax:1 gain:2 sale:1 e:1 f:1 hutton:1 insurance:1 group:1 36:1 extraordinary:2 utiliazation:1 loss:2 carryforward:2 1986:1 10:1 credit:1 utilization:1
E.F. HUTTON GROUP INC <EFH> 3RD QTR NET Shr 26 cts vs 11 cts Net 8,700,000 vs 3,600,000 Revs 988.9 mln vs 674.5 mln Nine mths Shr 3.65 dlrs vs 1.38 dlrs Net 120.6 mln vs 43.6 mln Revs 2.7 billion vs 2.1 billion NOTE: Net for 1987 includes 4.4 mln from discontinued opers, 51.6 mln after tax gain on sale of E.F. Hutton Insurance Group, and 36.6 mln on extraordinary gains from utiliazation of loss carryforward. Net in 1986 included 10.8 mln from discontinued opers and an extraordinary credit of 5.2 mln from utilization of loss carryforwards.
test/20297
test/20297 |@title bastian:2 technologies:1 say:2 five:2 pct:2 cosmo:2 communications:2 may:2 seek:2 control:2 technology:1 |@word
BASTIAN TECHNOLOGIES SAYS IT HAS FIVE PCT OF COSMO COMMUNICATIONS, MAY SEEK CONTROL BASTIAN TECHNOLOGIES SAYS IT HAS FIVE PCT OF COSMO COMMUNICATIONS, MAY SEEK CONTROL
test/20298
test/20298 |@title service:1 corp:1 srv:1 dumps:1 capital:1 southwest:1 stake:1 |@word service:1 corp:3 international:1 say:2 investment:2 capital:5 unit:1 sell:2 entire:1 14:1 8:1 pct:1 stake:1 southwest:3 cswc:1 common:2 stock:2 longer:1 hold:1 share:3 filing:1 securities:1 exchange:1 commission:1 280:1 000:1 since:1 september:1 21:2 19:1 56:1 dlrs:2 50:1 reason:1 give:1 recent:1 sale:1
SERVICE CORP <SRV> DUMPS CAPITAL SOUTHWEST STAKE Service Corp International said its Investment Capital Corp unit sold its entire 14.8 pct stake in Capital Southwest Corp <CSWC.O> common stock, and no longer holds any Capital Southwest shares. In a filing with the Securities and Exchange Commission, Investment Capital said it sold 280,000 shares of Capital Southwest common stock since September 21 at 19.56 dlrs to 21.50 dlrs a share. No reason was given for the recent sales.
test/20299
test/20299 |@title manufacturers:1 hanover:1 corp:1 mhc:1 3rd:1 qtr:1 net:1 |@word shr:2 profit:3 2:2 73:1 dlrs:5 vs:4 29:2 net:2 129:1 1:3 mln:5 105:1 8:2 nine:2 mth:2 loss:3 28:1 33:1 6:1 42:1 16:1 billion:2 301:1 note:1 3rd:1 qtr:2 include:2 previously:1 report:1 gain:1 55:1 0:1 4:1 tax:1 capture:1 excess:1 pension:1 fund:1 7:1 dlr:1 addition:1 loan:1 reserve:1 2nd:1 mostly:1 shaky:1 ldc:1 debt:1
MANUFACTURERS HANOVER CORP <MHC> 3RD QTR NET shr profit 2.73 dlrs vs 2.29 dlrs net 129.1 mln vs 105.8 mln nine mths shr loss 28.33 dlrs vs profit 6.42 dlrs net loss 1.16 billion vs profit 301.8 mln NOTE: 3rd qtr includes previously reported gain of 55.0 mln dlrs, or 29.4 mln after-tax, by capturing excess pension funds. Nine mths include 1.7 billion dlr addition to loan loss reserves in 2nd qtr, mostly for shaky LDC debts.
test/20300
test/20300 |@title coca:1 cola:1 enterprises:1 inc:1 cce:1 3rd:1 qtr:1 net:1 |@word shr:2 23:2 ct:6 vs:8 net:2 31:1 9:3 mln:13 15:1 7:1 revs:2 876:1 401:1 2:4 avg:2 shrs:2 140:3 1:4 68:2 6:2 nine:2 mth:2 53:1 42:1 74:1 0:2 28:1 55:1 billion:3 17:1 note:1 result:1 include:1 acquire:1 bottle:1 company:2 date:1 acquisition:2 pro:1 forma:1 basis:1 place:1 start:1 period:1 earn:2 5:1 704:1 000:1 dlrs:4 four:1 per:2 share:4 outstanding:1 revenue:2 826:1 quarter:1 14:1 10:1 number:1 41:1
COCA COLA ENTERPRISES INC <CCE> 3RD QTR NET Shr 23 cts vs 23 cts Net 31.9 mln vs 15.7 mln Revs 876.9 mln vs 401.2 mln Avg shrs 140.1 mln vs 68.6 mln Nine mths Shr 53 cts vs 42 cts Net 74.0 mln vs 28.9 mln Revs 2.55 billion vs 1.17 billion Avg shrs 140.1 mln vs 68.6 mln NOTE: Results include acquired bottling companies from dates of acquisition. On pro forma basis, as if all acquisitions had been in place from the start of the period, company earned 5,704,000 dlrs or four cts per share on 140.0 mln shares outstanding with revenues of 826.2 mln dlrs for quarter and earned 14.1 mln dlrs or 10 cts per share on same number of shares and revenues of 2.41 billion dlrs for nine mths.
test/20302
test/20302 |@title ball:1 corp:1 bll:1 3rd:1 qtr:1 net:1 |@word shr:2 80:1 ct:2 vs:6 72:1 net:2 18:1 900:1 000:4 17:1 100:1 sale:2 267:1 4:1 mln:4 288:1 6:1 nine:1 mth:1 2:2 26:1 dlrs:2 04:1 53:1 600:1 48:1 200:1 839:1 3:2 836:1
BALL CORP <BLL> 3RD QTR NET Shr 80 cts vs 72 cts Net 18,900,000 vs 17,100,000 Sales 267.4 mln vs 288.6 mln Nine mths Shr 2.26 dlrs vs 2.04 dlrs Net 53,600,000 vs 48,200,000 Sales 839.3 mln vs 836.3 mln
test/20304
test/20304 |@title bankers:1 trust:1 bt:1 3rd:1 qtr:1 net:1 |@word shr:2 2:1 03:1 dlrs:11 vs:8 1:2 53:1 net:3 146:1 4:4 mln:16 110:1 3:6 nine:2 month:2 loss:6 99:1 profit:2 62:1 283:1 330:1 5:1 avg:1 shrs:1 71:2 08:1 69:1 26:2 asset:1 56:1 9:2 billion:7 50:1 7:3 deposit:1 30:3 25:2 loan:4 note:1 reflect:1 700:1 dlr:1 increase:2 provision:3 without:1 tax:1 benefit:1 third:4 quarter:4 income:4 would:1 127:1 6:2 16:1 pct:2 17:1 1986:1 non:1 interest:1 total:2 342:1 47:1 109:1 largely:1 due:1 foreign:2 exchange:2 trading:2 fee:1 commission:1 44:1 year:3 ago:1 20:1 versis:1 40:1 previously:1 september:1 jump:1 455:1 time:1 last:1
BANKERS TRUST <BT> 3RD QTR NET Shr 2.03 dlrs vs 1.53 dlrs Net 146.4 mln vs 110.3 mln Nine months shr loss 3.99 dlrs vs profit 4.62 dlrs net loss 283.3 mln vs profit 330.5 mln Avg shrs 71.08 mln vs 69.26 mln Assets 56.9 billion vs 50.7 billion Deposits 30.4 billion vs 25.9 billion Loans 26.3 billion vs 25.7 billion Note : Nine month loss reflects 700 mln dlr increase in loan loss provisions. Without the tax benefit, third-quarter net income would have been 127.6 mln dlrs, up 16 pct or 17.4 mln dlrs from the third quarter of 1986. Non-interest income totaled 342.6 mln dlrs in the third quarter, up 47 pct or 109.7 mln dlrs, largely due to increased income from foreign exchange trading, fees and commissions. Foreign exchange trading income totaled 71.3 mln dlrs, up 44.3 mln from a year ago. Provision for loan losses in the third quarter was 20 mln dlrs versis 40 mln a year previously. At September 30, the provision for loan losses jumped to 1.30 billion dlrs from 455 mln at the same time last year.
test/20306
test/20306 |@title trans:2 world:2 airlines:2 say:2 carl:2 icahn:2 withdraw:2 acquisition:2 offer:2 |@word
TRANS WORLD AIRLINES SAID CARL ICAHN WITHDRAWS ACQUISITION OFFER TRANS WORLD AIRLINES SAID CARL ICAHN WITHDRAWS ACQUISITION OFFER
test/20308
test/20308 |@title u:1 telecommunications:1 inc:1 ut:1 3rd:1 qtr:1 net:1 |@word shr:4 profit:6 23:1 ct:4 vs:6 49:2 net:2 24:1 1:4 mln:6 6:1 revs:2 755:1 4:1 708:1 3:2 nine:3 mth:2 loss:3 84:1 53:1 dlrs:2 80:1 7:2 152:1 19:1 billion:2 2:1 32:1 note:1 per:1 reflect:1 payment:1 preferred:1 dividend:1 result:2 include:2 435:1 000:1 eight:1 prior:1 discontinue:1 operation:1 late:1 month:1 one:1 time:1 charge:1 09:1 share:1 relate:1 us:2 sprint:2 revenue:1 exclude:1 joint:1 venture:1 gte:2 corp:1
U.S. TELECOMMUNICATIONS INC <UT> 3RD QTR NET Shr profit 23 cts vs profit 49 cts Net profit 24.1 mln vs profit 49.6 mln Revs 755.4 mln vs 708.3 mln Nine mths Shr loss 84 cts vs profit 1.53 dlrs Net loss 80.7 mln vs profit 152.3 mln Revs 1.19 billion vs 2.32 billion NOTE: Per shr reflects payment of preferred dividends. Results include loss of 7,435,000 or eight cts shr in prior nine mths from discontinued operations. Latest nine month results include one-time charge of 1.09 dlrs share relating to US Sprint. Revenues exclude those for US Sprint, a joint venture with GTE Corp <GTE>.
test/20309
test/20309 |@title bristol:1 myers:1 co:1 bmy:1 3rd:1 qtr:1 net:1 |@word shr:2 70:1 ct:2 vs:6 61:1 net:2 200:1 2:1 mln:4 173:1 9:1 sale:2 1:4 38:1 billion:4 26:1 nine:1 mth:1 87:1 dlrs:2 54:1 535:1 6:1 437:1 8:1 4:1 04:1 3:1 63:1 note:1 share:1 adjust:1 two:1 one:1 stock:1 split:1
BRISTOL-MYERS CO <BMY> 3RD QTR NET Shr 70 cts vs 61 cts Net 200.2 mln vs 173.9 mln Sales 1.38 billion vs 1.26 billion Nine mths Shr 1.87 dlrs vs 1.54 dlrs Net 535.6 mln vs 437.8 mln Sales 4.04 billion vs 3.63 billion NOTE: Share adjusted for two-for-one stock split.
test/20310
test/20310 |@title gander:1 mountain:1 inc:1 gndr:1 1st:1 qtr:1 sept:1 30:1 net:1 |@word shr:1 25:1 ct:2 vs:3 19:1 net:1 687:1 000:2 514:1 sale:1 20:1 7:1 mln:2 13:1 2:1
GANDER MOUNTAIN INC <GNDR.O> 1ST QTR SEPT 30 NET Shr 25 cts vs 19 cts Net 687,000 vs 514,000 Sales 20.7 mln vs 13.2 mln
test/20311
test/20311 |@title bastian:1 technology:1 mull:1 cosmo:1 csmo:1 bid:1 |@word new:1 york:1 base:1 bastian:6 technologies:1 corp:2 say:5 acquire:2 five:2 pct:2 stake:1 cosmo:7 communications:1 consider:2 move:1 seek:3 control:1 company:4 secure:1 role:1 affair:1 technology:1 believe:1 appropriate:1 management:2 policy:2 business:1 strategy:1 become:1 profitable:1 maximize:1 shareholder:1 underlying:1 value:1 filing:1 securities:1 exchange:2 commission:1 alternative:1 include:1 attempt:1 merger:1 tender:1 offer:1 influence:1 representation:1 board:1 director:1 proxy:1 contest:1 otherwise:1 may:1 contact:1 third:1 party:1 regard:1 intention:1 toward:1 add:1 intend:1 request:1 meeting:1 representative:1 discuss:1 investment:1 stock:1 currently:1 hold:1 253:1 700:1 common:1 share:2 total:1 outstanding:1 purchase:1 nasta:1 international:1 inc:1 nas:1 october:1 16:1 1:1 15:1 mln:1 dlrs:1 bastia:1
BASTIAN TECHNOLOGIES MULLING COSMO <CSMO.O> BID New York-based Bastian Technologies Corp said it acquired a five pct stake in Cosmo Communications Corp, and is considering a move to seek control of the company or to secure a role in its affairs. 'Bastian Technologies believes that with the appropriate management policies and business strategies, the company can once again become profitable and maximize for all shareholders the underlying value of their company,' Bastian said in a filing with the Securities and Exchange Commission. Bastian said alternatives being considered include an attempt to acquire Cosmo through a merger, tender or exchange offer, seeking to influence the company's management and policies, and seeking representation on Cosmo's board of directors through a proxy contest or otherwise. Bastian said it may contact third parties regarding its intentions toward Cosmo, adding it intends to request a meeting with Cosmo representatives to discuss its investment in Cosmo stock. Bastian currently holds 253,700 Cosmo common shares, or five pct of the total outstanding. The shares were purchased from Nasta International Inc <NAS> on October 16 for about 1.15 mln dlrs, Bastia said.
test/20314
test/20314 |@title snap:1 tools:1 corp:1 sna:1 3rd:1 qtr:1 net:1 |@word shr:2 53:1 ct:2 vs:6 38:1 net:2 22:1 249:1 000:4 15:1 356:1 sale:2 189:1 1:3 mln:4 166:1 5:1 nine:1 mth:1 56:1 dlrs:2 21:1 64:1 707:1 49:1 603:1 559:1 2:1 492:1 4:1
SNAP-ON TOOLS CORP <SNA> 3RD QTR NET Shr 53 cts vs 38 cts Net 22,249,000 vs 15,356,000 Sales 189.1 mln vs 166.5 mln Nine mths Shr 1.56 dlrs vs 1.21 dlrs Net 64,707,000 vs 49,603,000 Sales 559.2 mln vs 492.4 mln
test/20318
test/20318 |@title bethlehem:1 steel:2 say:1 raise:1 sheet:1 price:1 30:1 dlrs:1 |@word short:2 ton:2 bethlehem:1 steel:2 say:1 raise:1 sheet:1 price:1 30:1 dlrs:1
BETHLEHEM STEEL SAYS IT IS RAISING STEEL SHEET PRICES BY UP TO 30 DLRS/short ton BETHLEHEM STEEL SAYS IT IS RAISING STEEL SHEET PRICES BY UP TO 30 DLRS/short ton
test/20319
test/20319 |@title nycor:1 inc:1 nyco:1 3rd:1 qtr:1 net:1 |@word shr:2 loss:4 two:2 ct:6 vs:6 profit:7 net:2 253:1 000:9 356:1 revs:2 17:1 5:1 mln:4 12:1 3:1 nine:4 mth:4 one:3 cent:3 21:1 628:1 2:1 921:1 54:1 9:1 36:1 0:1 note:1 1987:2 qtr:2 include:3 gain:3 106:1 dlrs:5 per:5 share:5 846:1 six:2 respectively:2 utilization:2 tax:2 carryforward:2 1986:1 178:1 810:1 1:1 519:1 11:1 early:1 extinguishment:1 debt:1
NYCOR INC <NYCO.O> 3RD QTR NET Shr loss two cts vs profit two cts Net profit 253,000 vs profit 356,000 Revs 17.5 mln vs 12.3 mln Nine mths Shr profit one cent vs profit 21 cts Net profit 628,000 vs profit 2,921,000 Revs 54.9 mln vs 36.0 mln NOTE: 1987 qtr and nine mths includes gain 106,000 dlrs, or one cent per share, and 846,000 dlrs, or six cts per share, respectively, from utilization of tax loss carryforward. 1986 qtr and nine mths includes gain 178,000 dlrs, or one cent per share, and gain 810,000 dlrs, or six cts per share, respectively, from utilization of tax loss carryforward. 1987 nine mths includes loss 1,519,000 dlrs, or 11 cts per share, from early extinguishment of debt.
test/20321
test/20321 |@title icahn:1 drop:1 bid:1 twa:2 |@word trans:1 world:1 airlines:1 inc:1 say:2 chairman:1 carl:1 c:1 icahn:3 withdraw:1 proposal:3 acquire:1 twa:3 share:2 already:1 due:2 deterioration:1 market:1 condition:1 would:1 pay:1 20:1 dlrs:2 cash:1 25:1 face:1 amount:1 12:1 pct:1 subordinate:1 debenture:1 2007:1 reserve:1 right:1 make:1 subsequent:1 future:1 date:1 term:2 different:1
ICAHN DROPS BID FOR TWA <TWA> Trans World Airlines Inc said chairman Carl C. Icahn has withdrawn his proposal to acquire the TWA shares he does not already own due to the deterioration in market conditions. Under the proposal Icahn would have paid for each TWA share 20 dlrs in cash and 25 dlrs face amount of 12 pct subordinated debentures due 2007. TWA said Icahn reserves the right to make a subsequent proposal at some future date on the same terms or different terms.
test/20324
test/20324 |@title american:1 savings:1 bank:1 fsb:1 abny:1 3rd:1 qtr:1 net:1 |@word shr:4 primary:2 1:6 79:1 dlrs:12 vs:8 72:1 dilute:2 39:1 34:1 net:4 12:1 mln:6 11:1 7:2 nine:3 mth:3 5:2 56:1 4:2 41:1 30:1 3:5 74:1 37:1 29:1 asset:1 92:1 billion:4 83:1 loan:1 05:1 2:1 99:1 note:1 1987:1 qtr:2 include:2 gain:2 6:2 016:1 000:2 18:1 respectively:2 utilization:2 operating:2 loss:2 carryforward:2 1986:1 233:1 15:1 full:1 name:1 company:1 american:1 savings:1 bank:1 fsb:1 new:1 york:1
AMERICAN SAVINGS BANK FSB <ABNY.O> 3RD QTR NET Shr primary 1.79 dlrs vs 1.72 dlrs Shr diluted 1.39 dlrs vs 1.34 dlrs Net 12.1 mln vs 11.7 mln Nine mths Shr primary 5.56 dlrs vs 4.41 dlrs Shr diluted 4.30 dlrs vs 3.74 dlrs Net 37.3 mln vs 29.1 mln Assets 3.92 billion vs 3.83 billion Loans 3.05 billion vs 2.99 billion NOTE: 1987 qtr and nine mths includes gain 6,016,000 dlrs and 18.7 mln dlrs, respectively, from utilization of net operating loss carryforward. 1986 qtr and nine mths includes gain 6,233,000 dlrs and 15.5 mln dlrs, respectively, from utilization of net operating loss carryforward. Full name of company is american savings bank fsb of new york.
test/20328
test/20328 |@title w:1 brand:1 soda:1 complete:1 acquisition:1 |@word w:1 brands:2 inc:2 say:1 complete:1 acquisition:1 vernors:1 united:1 co:1 ub:1 cash:1 stock:1 transaction:1 worth:1 value:1 10:1 mln:1 dlrs:1
A/W BRANDS <SODA.O> COMPLETES ACQUISITION A and W Brands Inc said it completed the acquisition of Vernors Inc from United Brands Co <UB> in a cash and stock transaction worth valued at about 10 mln dlrs
test/20332
test/20332 |@title washington:1 post:1 co:1 wpo:1 3rd:1 qtr:1 net:1 |@word shr:2 4:3 77:1 dlrs:7 vs:6 1:4 65:1 net:3 61:1 3:2 mln:10 21:1 revs:2 312:1 9:3 291:1 5:1 nine:1 mth:1 51:1 98:1 122:1 63:1 950:1 881:1 8:1 note:1 1987:1 period:1 include:1 gain:1 24:1 2:1 88:1 share:2 sale:2 interest:2 detroit:1 cellular:1 telephone:1 company:1 6:1 47:1 ct:1 sportschannel:1 cable:1 programing:1 network:1
WASHINGTON POST CO <WPO> 3RD QTR NET Shr 4.77 dlrs vs 1.65 dlrs Net 61.3 mln vs 21.1 mln Revs 312.9 mln vs 291.5 mln Nine mths Shr 9.51 dlrs vs 4.98 dlrs Net 122.3 mln vs 63.9 mln Revs 950.4 mln vs 881.8 mln NOTE: 1987 net in both periods includes gains of 24.2 mln dlrs, or 1.88 dlrs a share, from sale of interest in Detroit Cellular telephone company and 6.1 mln dlrs, or 47 cts a share, from sale of interest in sportschannel Cable programing network.
test/20333
test/20333 |@title iran:1 leader:1 vow:1 revenge:1 us:1 raid:1 come:1 day:1 |@word iran:1 top:1 war:1 spokesman:1 ali:2 akbar:1 hashemi:1 rafsanjani:4 tuesday:1 call:1 u:5 attack:4 two:1 gulf:1 oil:2 platform:2 escalation:1 promise:1 retaliation:2 god:1 willing:1 carry:1 duty:1 come:1 day:1 make:1 sorry:1 say:4 speech:1 parliament:1 later:1 broadcast:1 tehran:2 radio:1 leadership:1 quick:1 threaten:1 vengeance:1 raid:1 rig:1 one:1 destroy:2 president:1 khamenei:1 prime:1 minister:1 mir:1 hossein:1 mousavi:1 within:1 24:1 hour:1 action:1 vow:1 parliamentary:1 speaker:1 threat:1 attempt:1 intimidation:1 respond:1 aggression:1 reality:1 prove:1 practice:1 add:1 american:3 square:1 neither:1 superpower:1 image:1 claim:1 concern:1 security:1 reason:1 wisdom:1 warship:1 shell:1 iranian:2 offshore:1 special:1 force:1 board:1 another:1 equipment:1 government:1 measured:1 response:1 missile:1 flag:1 kuwaiti:2 tanker:1 sea:1 isle:1 city:1 water:1 last:1 friday:1
IRAN LEADER VOWS REVENGE ON US RAID IN COMING DAYS Iran's top war spokesman Ali Akbar Hashemi Rafsanjani on Tuesday called the U.S. Attacks on two of its Gulf oil platforms an escalation and promised retaliation. 'God willing, we will carry out our duty in the coming days and make them sorry,' said Rafsanjani in a speech to Parliament later broadcast by Tehran Radio. The Tehran leadership have been quick to threaten vengeance after the U.S. Raids on the rigs, one of which was destroyed. President Ali Khamenei, Prime Minister Mir-Hossein Mousavi and now Rafsanjani within 24 hours of the U.S. Action have all vowed retaliation. Rafsanjani, the parliamentary speaker, said, 'It is not a threat or an attempt at intimidation when we say we will respond to aggression -- it is a reality and we have proved it in practice.' He added that the American attack 'squares neither with its superpower image nor its claim of concern with security, nor reason and wisdom.' U.S. Warships shelled an Iranian offshore oil platform and American special forces boarded another, destroying equipment. The U.S. Government said the attack was a measured response to an Iranian missile attack on the American-flagged Kuwaiti tanker Sea Isle City in Kuwaiti waters last Friday.
test/20334
test/20334 |@title banc:1 one:2 corp:1 3rd:1 qtr:1 net:1 |@word shr:2 66:1 ct:2 vs:7 57:1 net:2 64:2 0:1 mln:4 52:1 9:1 nine:1 mth:1 1:2 49:1 dlrs:2 142:1 2:1 153:1 3:1 asset:1 18:1 04:1 billion:6 16:1 63:1 deposit:1 13:1 97:1 12:2 78:1 loan:1 54:1 10:1 81:1
BANC ONE CORP <ONE> 3RD QTR NET Shr 66 cts vs 57 cts Net 64.0 mln vs 52.9 mln Nine mths Shr 1.49 dlrs vs 1.64 dlrs Net 142.2 mln vs 153.3 mln Assets 18.04 billion vs 16.63 billion Deposits 13.97 billion vs 12.78 billion Loans 12.54 billion vs 10.81 billion
test/20335
test/20335 |@title lyng:1 please:1 ec:1 offer:1 gatt:1 farm:1 proposal:1 u:1 |@word agriculture:4 secretary:1 richard:1 lyng:7 say:8 pleased:1 european:1 community:1 plan:5 offer:3 global:2 farm:5 reform:2 gatt:4 later:1 month:1 although:1 united:4 states:4 oppose:2 key:1 part:2 proposal:3 please:1 move:1 table:1 help:1 get:2 negotiation:2 underway:1 tell:1 reuters:1 interview:1 tuesday:1 comment:1 come:1 ec:8 minister:1 luxembourg:1 endorse:1 package:1 draft:1 commission:1 present:1 next:2 meeting:2 uruguay:1 round:1 negotiator:3 geneva:1 october:1 26:1 would:5 seek:1 market:1 sharing:1 agreement:3 grain:1 propose:2 curb:1 u:5 soybean:1 cereal:1 substitute:1 export:3 europe:1 july:1 elimination:1 subsidy:6 affect:1 trade:2 within:1 ten:1 year:1 press:1 make:1 counter:1 aim:1 reach:1 end:3 1988:1 however:1 domestic:1 group:1 reagan:1 administration:1 unrealistic:2 ask:1 criticism:1 alternative:1 preserve:1 maintain:1 think:1 position:1 suggest:1 listen:1 try:1 also:1 reject:1 suggestion:1 agree:1 freeze:1 start:1 country:1 like:1 wheat:2 stop:1 thing:1 want:1 range:1 agricultural:1 product:2 dairy:1 vegetable:1 oil:1 meet:1 week:1 canada:1 expect:1 well:1 represent:1 former:1 undersecretary:1 daniel:1 amstutz:1 recently:1 appoint:1 special:1
LYNG PLEASED EC TO OFFER GATT FARM PROPOSAL U.S. Agriculture Secretary Richard Lyng said he is pleased the European Community plans to offer a global farm reform plan at GATT later this month, although the United States opposes key parts of the proposal. 'We're pleased that they have moved in tabling a proposal. It will help us in getting the negotiations underway,' Lyng told Reuters in an interview Tuesday. Lyng's comment came after EC ministers in Luxembourg endorsed a farm reform package drafted by the EC Commission. The EC plan will be presented at the next meeting of Uruguay round agriculture negotiators in Geneva on October 26. Lyng said the United States would oppose parts of the plan seeking a market sharing agreement for grains, and proposing curbs on U.S. soybean and cereal substitute exports to Europe. The U.S. in July proposed to GATT the elimination of all farm subsidies affecting trade within ten years, and has pressed the EC to make a counter-offer with the aim of reaching a global farm subsidy agreement by the end of 1988. However, the EC and some U.S. domestic groups have said the Reagan administration plan to end all farm trade subsidies is unrealistic. Asked about such criticism, Lyng said 'The alternative to doing that is to say that we preserve them and maintain them. I think that is the unrealistic position.' 'I would suggest that they (EC) listen to what we are trying to say.' Lyng also rejected suggestions the U.S. and EC agree a freeze in export subsidies to get the GATT negotiations started. 'All that some countries would like to have would be a wheat agreement where we would stop export subsidies on wheat. That doesn't do a thing for us,' Lyng said. The United States wants an end to subsidies in a range of agricultural products from dairy products to vegetable oils, he said. At the GATT negotiators meeting next week Canada is expected to offer a proposal as well as the EC. The United States will be represented at the meeting by former agriculture undersecretary Daniel Amstutz, recently appointed special U.S. negotiator on agriculture.
test/20337
test/20337 |@title warner:1 communications:1 inc:1 wci:1 3rd:1 qtr:1 net:1 |@word shr:2 41:2 ct:3 vs:6 28:1 net:2 66:1 2:3 mln:6 8:2 revs:2 824:1 1:3 693:1 3:1 nine:1 mth:1 50:1 dlrs:1 87:1 236:1 123:1 38:1 billion:2 02:1
WARNER COMMUNICATIONS INC <WCI> 3RD QTR NET Shr 41 cts vs 28 cts Net 66.2 mln vs 41.8 mln Revs 824.1 mln vs 693.3 mln Nine mths Shr 1.50 dlrs vs 87 cts Net 236.1 mln vs 123.8 mln Revs 2.38 billion vs 2.02 billion
test/20339
test/20339 |@title aristech:1 chemical:1 corp:1 ars:1 3rd:1 qtr:1 net:1 |@word shr:2 72:1 ct:4 vs:7 56:1 qtly:1 div:1 18:3 prior:1 net:2 7:2 mln:8 14:1 4:1 revs:2 239:1 187:1 1:4 nine:1 mth:1 87:1 dlrs:2 26:1 48:1 3:1 32:1 5:1 676:1 9:1 574:1 8:1 note:1 dividend:1 payable:1 december:1 shareholder:1 record:1 october:1 30:1
ARISTECH CHEMICAL CORP <ARS> 3RD QTR NET Shr 72 cts vs 56 cts Qtly div 18 cts vs 18 cts prior Net 18.7 mln vs 14.4 mln Revs 239.7 mln vs 187.1 mln Nine mths Shr 1.87 dlrs vs 1.26 dlrs Net 48.3 mln vs 32.5 mln Revs 676.9 mln vs 574.8 mln NOTE: Dividend payable December 1 to shareholders of record October 30.
test/20340
test/20340 |@title apple:1 bank:1 saving:1 appl:1 3rd:1 qtr:1 net:1 |@word shr:3 1:5 54:2 dlrs:8 vs:6 27:1 net:2 7:1 065:1 000:5 5:3 812:1 nine:3 mth:3 4:1 25:1 3:1 40:1 19:1 mln:2 15:1 6:1 asset:1 2:4 84:1 billion:4 87:1 deposit:1 51:1 67:1 note:1 1987:1 qtr:2 include:2 gain:2 500:1 ct:2 per:3 share:2 utilization:2 tax:2 loss:2 carryforward:2 1986:1 158:1 47:1 567:1 22:1 respectively:1
APPLE BANK FOR SAVINGS <APPL.O> 3RD QTR NET Shr 1.54 dlrs vs 1.27 dlrs Net 7,065,000 vs 5,812,000 Nine mths Shr 4.25 dlrs vs 3.40 dlrs Net 19.5 mln vs 15.6 mln Assets 2.84 billion vs 1.87 billion Deposits 2.51 billion vs 1.67 billion NOTE: 1987 qtr and nine mths includes gain 2,500,000 dlrs, or 54 cts per share, from utilization of tax loss carryforward. 1986 qtr and nine mths includes gain 2,158,000 dlrs, or 47 cts per share, and 5,567,000 dlrs, or 1.22 dlrs per shr, respectively, from utilization of tax loss carryforward.
test/20341
test/20341 |@title bethlehem:1 steel:2 bs:1 set:1 price:1 increase:1 |@word bethlehem:2 steel:3 corp:1 say:5 price:6 sheet:3 product:2 increase:4 30:1 dlrs:2 ton:2 effective:1 january:1 3:1 affect:1 certain:1 non:1 contract:3 spot:1 transaction:3 achieve:1 reduction:1 competitive:1 discount:1 company:2 account:1 duration:2 six:1 month:1 also:2 commensurate:1 level:2 percentage:1 immediately:1 available:1 flat:1 roll:1 use:1 automobile:1 appliance:1 vary:1 widely:1 350:1 800:1 take:1 action:1 restore:1 equitable:1 many:1 case:1 still:1 low:1 attain:1 1984:1 response:1 change:1 market:1 condition:1 potential:1 inflationary:1 pressure:1 effort:1 make:1 mininize:1 number:1 firm:1
BETHLEHEM STEEL <BS> SETS STEEL PRICE INCREASES Bethlehem Steel Corp said prices for steel sheet products will be increased up to 30 dlrs a ton effective January 3. The increases will affect certain non-contract or spot transactions and will be achieved through reductions in competitive discounts. The company said transaction prices for contract accounts, which have a duration of six months or more, will also be increased to commensurate levels. Percentage increases were not immediately available. Prices for flat-rolled steel sheet, used in automobiles, appliances and other products, vary widely between about 350 and 800 dlrs a ton. The company said it was taking the actions to restore sheet transaction prices to more equitable levels. In many cases, prices are still lower than those attained in 1984, it said. Bethlehem also said that in response to changing market conditions and potential inflationary pressures, efforts will be made to mininize the number and the duration of firm price contracts.
test/20343
test/20343 |@title fed:2 say:2 set:2 two:2 day:2 system:2 repurchase:2 ageement:2 |@word
FED SAYS IT SETS TWO-DAY SYSTEM REPURCHASE AGEEMENTS FED SAYS IT SETS TWO-DAY SYSTEM REPURCHASE AGEEMENTS
test/20344
test/20344 |@title kellogg:1 co:1 k:1 3rd:1 qtr:1 net:1 |@word shr:2 96:1 ct:2 vs:6 83:2 net:2 119:1 3:1 mln:8 102:1 8:1 revs:2 1:2 01:2 billion:3 869:1 9:3 nine:2 mth:1 2:4 53:1 dlrs:4 313:1 6:1 248:1 5:1 52:1 note:1 1986:1 month:1 earning:1 include:1 nonrecurre:1 loss:1 eight:1 cent:1 share:1 purchase:1 123:1 7:1 principal:1 amount:1 company:1 150:1 dlr:1 12:1 4:1 pct:1 debenture:1 due:1 february:1 15:1 2015:1
KELLOGG CO <K> 3RD QTR NET Shr 96 cts vs 83 cts Net 119.3 mln vs 102.8 mln Revs 1.01 billion vs 869.9 mln Nine mths Shr 2.53 dlrs vs 2.01 dlrs Net 313.6 mln vs 248.5 mln Revs 2.83 billion vs 2.52 billion NOTE: 1986 nine month earnings include nonrecurring loss of 9.9 mln dlrs, or eight cents a share, from purchase of 123.7 mln dlrs principal amount of the company's 150 mln dlr 12-1/4 pct debentures due February 15, 2015.
test/20347
test/20347 |@title |@word poehl:2 say:2 chance:2 exchange:2 rate:2 stability:2 good:2
Poehl says chances for exchange rate stability are good Poehl says chances for exchange rate stability are good
test/20348
test/20348 |@title balladur:1 contact:1 g:1 7:1 minister:1 |@word french:2 finance:4 minister:3 edouard:1 balladur:1 contact:3 several:1 group:1 seven:1 lead:2 industrial:1 country:1 particular:1 west:1 german:1 gerhard:1 stoltenberg:1 discuss:1 crisis:1 world:1 markets:1 ministry:2 source:1 say:2 whether:1 concerted:1 action:1 market:2 merely:1 exchange:2 view:2 add:1 official:1 continue:1 performance:1
BALLADUR HAS HAD CONTACT WITH G-7 MINISTERS French Finance Minister Edouard Balladur has been in contact with several Finance Ministers from the Group of Seven leading industrial countries, in particular West German Finance Minister Gerhard Stoltenberg, to discuss the crisis on world markets, Finance Ministry sources said. They did not say whether the contacts had led to concerted action on the markets or merely an exchange of views. But they added that French ministry officials were continuing the contacts to exchange views on market performance.
test/20352
test/20352 |@title lasmo:2 canada:1 merge:1 onyx:1 petroleum:1 |@word exploration:3 canada:2 ltd:2 subsidiary:1 london:1 amp:1 scottish:1 marine:1 oil:2 plc:1 lsml:1 l:1 merge:1 onyx:3 petroleum:1 co:1 lasmo:5 say:2 merger:1 make:1 buying:1 share:2 swap:1 new:2 company:2 inc:1 form:1 control:1 70:1 pct:1 equity:1 worth:1 76:1 mln:2 canadian:1 dlrs:1 base:1 current:1 price:1 prove:1 reserve:1 9:2 5:1 barrel:1 20:1 billion:1 cubic:1 foot:1 gas:1
LASMO CANADA TO MERGE WITH ONYX PETROLEUM LASMO Exploration (Canada) Ltd, a subsidiary of London & Scottish Marine Oil Plc <LSML.L>, is merging with <Onyx Petroleum Exploration Co Ltd>, LASMO said. The merger is to be made by Onyx buying LASMO Exploration, in a share swap. A new company, LASMO Canada Inc, will be formed. LASMO will control 70 pct of the equity, worth some 76 mln Canadian dlrs based on the current Onyx share price. The new company will have proven reserves of 9.5 mln barrels of oil and 20.9 billion cubic feet of gas, LASMO said.
test/20353
test/20353 |@title regal:1 beloit:1 corp:1 rbc:1 3rd:1 qtr:1 net:1 |@word shr:2 31:1 ct:4 vs:6 26:1 net:2 1:3 858:1 000:4 388:1 sale:2 27:1 mln:4 18:1 7:1 nine:1 mth:1 87:1 76:1 5:1 126:1 3:1 798:1 70:1 6:1 57:1 2:1
REGAL-BELOIT CORP <RBC> 3RD QTR NET Shr 31 cts vs 26 cts Net 1,858,000 vs 1,388,000 Sales 27.1 mln vs 18.7 mln Nine mths Shr 87 cts vs 76 cts Net 5,126,000 vs 3,798,000 Sales 70.6 mln vs 57.2 mln
test/20357
test/20357 |@title burndy:1 corp:1 bdc:1 3rd:1 qtr:1 oct:1 2:1 net:1 |@word shr:2 21:1 ct:4 vs:6 19:1 net:2 2:2 560:1 000:4 359:1 revs:2 70:1 0:3 mln:4 56:1 nine:1 mth:1 54:1 42:1 6:1 574:1 5:1 100:1 207:1 7:1 174:1
BURNDY CORP <BDC> 3RD QTR OCT 2 NET Shr 21 cts vs 19 cts Net 2,560,000 vs 2,359,000 Revs 70.0 mln vs 56.0 mln Nine mths Shr 54 cts vs 42 cts Net 6,574,000 vs 5,100,000 Revs 207.7 mln vs 174.0 mln
test/20358
test/20358 |@title first:1 florida:1 bank:1 ffbk:1 3rd:1 qtr:1 net:1 |@word shr:2 72:1 ct:3 vs:6 74:1 net:2 11:2 9:2 mln:4 nine:1 mth:1 2:3 18:2 dlrs:3 35:1 0:1 34:1 6:2 asset:1 4:2 billion:3 3:2 billlion:1 loan:1 1:2 8:1 note:1 1986:1 3rd:1 qtr:1 include:1 security:1 tax:1 gain:1 519:1 000:1 10:1 share:1
FIRST FLORIDA BANKS <FFBK> 3RD QTR NET Shr 72 cts vs 74 cts Net 11.9 mln vs 11.9 mln Nine mths Shr 2.18 dlrs vs 2.18 dlrs Net 35.0 mln vs 34.6 mln Assets 4.6 billion vs 4.3 billlion Loans 3.1 billion vs 2.8 billion NOTE: 1986 3rd qtr includes securities after tax gain of 1,519,000 dlrs or 10 cts a share.
test/20363
test/20363 |@title j:1 w:1 mays:2 inc:1 4th:1 qtr:1 july:1 31:1 net:1 |@word shr:4 profit:6 seven:1 ct:6 vs:8 32:1 net:2 154:1 398:1 694:1 521:1 revs:2 17:2 7:1 mln:4 19:1 5:1 year:4 86:1 loss:4 50:1 1:4 862:1 986:1 078:1 535:1 78:1 2:2 81:1 4:3 note:1 1987:6 result:1 include:5 extraordinary:2 credit:1 459:1 000:3 dlrs:4 21:1 per:2 due:2 utilization:2 tax:2 carryforward:2 fiscal:1 nonrecurre:4 income:4 item:2 total:2 322:1 342:1 393:1 187:1 1986:4 qtr:1 446:1 20:1 charge:1 duction:1 564:1 three:3 mth:2 211:1 196:1 pretax:1 gain:2 307:1 180:1 sale:1 company:2 leasehold:2 glen:1 oaks:1 store:1 dec:1 16:1 discontinue:1 operation:1 unit:1 jan:1 12:2 month:2 575:1 settlement:1 litigation:1 618:1 719:1 surrender:1 period:1 also:1 refund:1 prior:1 real:1 estate:1 tadxe:1 136:1 964:1
J.W. MAYS INC <MAYS.O> 4TH QTR JULY 31 NET Shr profit seven cts vs profit 32 cts Net profit 154,398 vs profit 694,521 Revs 17.7 mln vs 19.5 mln Year Shr profit 86 cts vs loss 50 cts Net profit 1,862,986 vs loss 1,078,535 Revs 78.2 mln vs 81.4 mln NOTE: 1987 year results include extraordinary credit of 459,000 dlrs or 21 cts per shr due to utilization of tax loss carryforward. Fiscal 1987 nonrecurring income items totaled 4,322,342 vs 1,393,187 in 1986. Qtr 1987 includes 446,000 dlrs or 20 cts per shr extraordinary charge due to duction in utilization of tax loss carryforward. Nonrecurring income items totaled 2,564 in three mths 1987 vs 1,211,196 in three mths 1986. Nonrecurring income for year 1987 included pretax gain of 4,307,180 dlrs on sale of company's leasehold of Glen Oaks store on Dec 16, 1986. The company discontinued operations in that unit on Jan. 17, 1987. Nonrecurring income for three and 12 months 1986 included 575,000 for settlement of litigation and a gain of 618,719 dlrs on surrender of leaseholds. The 12 month period also included refund of prior year's real estate tadxes of 136,964.
test/20364
test/20364 |@title alliance:1 financial:1 corp:1 alfl:1 3rd:1 qtr:1 net:1 |@word shr:2 45:1 ct:2 vs:4 61:1 net:2 504:1 000:4 683:1 nine:1 mth:1 1:1 83:1 dlrs:2 2:3 42:1 043:1 183:1
ALLIANCE FINANCIAL CORP <ALFL.O> 3RD QTR NET Shr 45 cts vs 61 cts Net 504,000 vs 683,000 Nine mths Shr 1.83 dlrs vs 2.42 dlrs Net 2,043,000 vs 2,183,000
test/20365
test/20365 |@title metropolitan:1 federal:1 mftn:1 1st:1 qtr:1 net:1 |@word qtr:1 end:1 september:1 30:1 shr:1 83:1 ct:2 vs:5 75:1 net:1 3:1 053:1 000:2 2:2 775:1 asset:1 1:4 billion:2 0:1 deposit:1 851:1 8:1 mln:4 754:1 loan:1 912:1 5:1 798:1
METROPOLITAN FEDERAL <MFTN.O> 1ST QTR NET Qtr ended September 30. Shr 83 cts vs 75 cts Net 3,053,000 vs 2,775,000 Assets 1.2 billion vs 1.0 billion Deposits 851.8 mln vs 754.1 mln Loans 912.5 mln vs 798.1 mln
test/20366
test/20366 |@title rumor:1 ussr:1 buy:1 u:1 corn:1 trader:1 |@word rumor:1 circulate:1 among:1 trade:2 morning:1 ussr:1 may:1 purchase:1 one:2 two:1 mln:1 tonne:1 u:1 corn:1 confirmation:1 dealer:1 say:1 feel:1 business:1 amount:1 probably:1 low:1 end:1 estimate:1
RUMORS THAT USSR BUYS U.S. CORN - TRADERS Rumors circulated among the trade this morning that the USSR may have purchased between one and two mln tonnes of U.S. corn, but there was no confirmation. One dealer said he felt some business had been done, but that the amount probably was on the low end of trade estimates.
test/20367
test/20367 |@title altos:1 computer:1 systems:1 alto:1 1st:1 qtr:1 net:1 |@word period:1 end:1 september:1 30:1 shr:1 17:1 ct:2 vs:3 10:1 net:1 2:2 mln:4 1:1 3:1 sale:1 40:1 6:2 32:1
ALTOS COMPUTER SYSTEMS <ALTO.O> 1ST QTR NET Period ended September 30. Shr 17 cts vs 10 cts Net 2.2 mln vs 1.3 mln Sales 40.6 mln vs 32.6 mln
test/20368
test/20368 |@title jannock:1 ltd:1 jn:1 3rd:1 qtr:1 net:1 |@word shr:2 65:1 ct:2 vs:6 47:1 net:2 17:1 7:2 mln:8 11:1 9:2 revs:2 131:1 128:1 4:1 nine:1 mth:1 1:2 77:1 dlrs:2 02:1 49:1 0:2 27:1 341:1 269:1 5:1
JANNOCK LTD <JN.TO> 3RD QTR NET Shr 65 cts vs 47 cts Net 17.7 mln vs 11.9 mln Revs 131.9 mln vs 128.4 mln Nine mths Shr 1.77 dlrs vs 1.02 dlrs Net 49.0 mln vs 27.0 mln Revs 341.7 mln vs 269.5 mln
test/20370
test/20370 |@title yellow:1 freight:1 system:1 yell:1 3rd:1 qtr:1 net:1 |@word shr:2 40:1 ct:4 vs:7 75:1 qtly:1 div:1 15:2 1:6 2:3 prior:1 net:2 11:1 7:1 mln:6 21:1 4:1 revs:2 447:1 5:1 445:1 nine:1 mth:1 04:1 dlrs:2 99:1 29:1 9:2 56:1 8:1 30:1 billion:2 28:1 note:1 full:1 name:1 yellow:1 freight:1 system:1 inc:1 dividend:1 payable:1 november:2 23:1 record:1
YELLOW FREIGHT SYSTEM <YELL.O> 3RD QTR NET Shr 40 cts vs 75 cts Qtly div 15-1/2 cts vs 15-1/2 cts prior Net 11.7 mln vs 21.4 mln Revs 447.5 mln vs 445.2 mln Nine mths Shr 1.04 dlrs vs 1.99 dlrs Net 29.9 mln vs 56.8 mln Revs 1.30 billion vs 1.28 billion NOTE: Full name is Yellow Freight System Inc. Dividend is payable November 23, record November 9.
test/20371
test/20371 |@title raleigh:1 federal:1 savings:1 bank:1 rfbk:1 3rd:1 qtr:1 |@word shr:2 38:1 ct:2 net:2 1:1 3:1 mln:1 vs:2 668:1 000:3 nine:1 mth:1 84:1 2:2 892:1 200:1 note:1 company:1 convert:1 stock:1 ownership:1 july:1
RALEIGH FEDERAL SAVINGS BANK <RFBK.O> 3RD QTR Shr 38 cts Net 1.3 mln vs 668,000 Nine mths Shr 84 cts Net 2,892,000 vs 2,200,000 NOTE: Company converted to stock ownership in July
test/20372
test/20372 |@title florida:1 employer:1 insurance:1 flaef:1 3rd:1 qtr:1 |@word shr:2 32:1 ct:4 vs:4 26:1 net:2 722:1 000:4 597:1 nine:1 mth:1 92:1 69:1 2:1 100:1 1:1 500:1 note:1 full:1 name:1 company:1 florida:1 employer:1 insurance:1 co:1
FLORIDA EMPLOYERS INSURANCE <FLAEF.O> 3RD QTR Shr 32 cts vs 26 cts Net 722,000 vs 597,000 Nine mths Shr 92 cts vs 69 cts Net 2,100,000 vs 1,500,000 NOTE: full name of company is florida employers insurance co.
test/20373
test/20373 |@title first:1 oak:1 brook:1 fobba:1 3rd:1 qtr:1 net:1 |@word shr:2 61:1 ct:2 vs:4 55:1 net:2 726:1 000:4 669:1 nine:1 mth:1 1:3 78:1 dlrs:2 63:1 2:1 133:1 960:1 note:1 full:1 name:1 first:1 oak:1 brook:1 bancshares:1 inc:1
FIRST OAK BROOK <FOBBA.O> 3RD QTR NET Shr 61 cts vs 55 cts Net 726,000 vs 669,000 Nine mths Shr 1.78 dlrs vs 1.63 dlrs Net 2,133,000 vs 1,960,000 NOTE: Full name is First Oak Brook Bancshares Inc
test/20374
test/20374 |@title united:1 service:1 advisors:1 inc:1 usvsp:1 1st:1 qtr:1 |@word qtr:1 end:1 sept:1 30:1 shr:1 profit:2 seven:1 ct:2 vs:4 loss:2 two:1 net:1 228:1 691:1 54:1 115:1 revs:1 2:2 415:1 419:1 1:1 389:1 579:1 avg:1 shrs:1 3:1 056:1 787:1 933:1 058:1
UNITED SERVICE ADVISORS INC <USVSP.O> 1ST QTR Qtr ends Sept 30 Shr profit seven cts vs loss two cts Net profit 228,691 vs loss 54,115 Revs 2,415,419 vs 1,389,579 Avg shrs 3,056,787 vs 2,933,058
test/20376
test/20376 |@title wolohan:1 lumber:1 co:1 wlhn:1 3rd:1 qtr:1 net:1 |@word shr:2 46:1 ct:4 vs:6 33:1 net:2 2:2 731:1 000:4 1:1 928:1 sale:2 66:1 mln:4 58:1 8:2 nine:1 mth:1 seven:1 61:1 6:1 310:1 3:1 579:1 171:1 141:1 9:1
WOLOHAN LUMBER CO <WLHN.O> 3RD QTR NET Shr 46 cts vs 33 cts Net 2,731,000 vs 1,928,000 Sales 66.2 mln vs 58.8 mln Nine mths Shr seven cts vs 61 cts Net 6,310,000 vs 3,579,000 Sales 171.8 mln vs 141.9 mln
test/20377
test/20377 |@title poehl:1 see:1 good:1 chance:1 currency:1 stability:1 |@word bundesbank:1 president:1 karl:1 otto:1 poehl:1 say:1 good:2 chance:2 exchange:2 rate:2 stability:2 tell:1 reporter:1
POEHL SEES GOOD CHANCES FOR CURRENCY STABILITY Bundesbank president Karl Otto Poehl said there were good chances for exchange rate stability. 'The chances for exchange rate stability are good,' he told reporters.
test/20378
test/20378 |@title taunton:1 savings:1 bank:1 tsbk:1 3rd:1 qtr:1 net:1 |@word shr:2 37:1 ct:2 vs:6 41:1 net:2 1:3 214:1 000:4 316:1 nine:2 mth:2 06:1 dlrs:1 3:2 408:1 2:2 809:1 asset:1 204:1 8:1 mln:6 176:1 6:1 deposit:1 154:1 0:1 131:1 loan:1 125:1 100:1 7:1 note:1 1986:2 per:1 share:1 figure:1 available:1 bank:1 convert:1 stock:1 form:1 june:1
TAUNTON SAVINGS BANK <TSBK.O> 3RD QTR NET Shr 37 cts vs 41 cts Net 1,214,000 vs 1,316,000 Nine mths Shr 1.06 dlrs Net 3,408,000 vs 2,809,000 Assets 204.8 mln vs 176.6 mln Deposit 154.0 mln vs 131.2 mln Loans 125.3 mln vs 100.7 mln NOTE: 1986 nine mths per share figures not available because bank converted to stock form in June of 1986.
test/20379
test/20379 |@title gordon:1 make:1 bid:1 acquire:1 pagecorp:1 pgoa:1 |@word gordon:6 investment:1 corp:1 say:5 plan:1 make:2 offer:3 acquire:1 pagecorp:4 inc:1 class:5 b:3 share:6 9:2 25:2 dlrs:2 cash:1 per:2 bid:2 conditional:1 upon:2 examination:1 business:1 affair:1 45:1 day:1 end:1 december:3 3:1 1987:3 propose:1 would:1 condition:1 ainimum:1 number:1 tender:1 minimum:1 meanwhile:1 agree:2 grant:1 option:1 purchaser:1 900:1 000:1 exercisable:1 acquisition:1 4:1 third:1 party:1 begin:1 takeover:1 31:1 also:1 shareholder:1 deposit:1 proceed:1
GORDON TO MAKE BID TO ACQUIRE PAGECORP <PGOA.TO> <Gordon Investment Corp> said it plans to make an offer to acquire all of Pagecorp Inc's class A and Class B shares for 9.25 dlrs cash per share. The bid is conditional upon an examination by Gordon of the business and affairs of Pagecorp during the 45 days ending December 3, 1987. The proposed offer would be condition upon ainimum number of shares being tendered, Gordon said. It did not say what the minimum will be. Meanwhile, Pagecorp said it agreed to grant Gordon an option to purchaser 900,000 class A shares at 9.25 dlrs per share, which is exercisable only if Gordon makes the acquisition bid before December 4, 1987 or if any third party begins a takeover before December 31, 1987. Pagecorp also said all Class B shareholders have agreed to deposit their class B shares, if Gordon proceeds with its offer.
test/20380
test/20380 |@title trillium:1 telephone:1 tlm:1 2nd:1 qtr:1 net:1 |@word shr:2 profit:4 seven:1 ct:2 vs:7 loss:4 1:4 77:1 dlrs:2 net:2 446:1 000:4 9:2 370:1 revs:2 15:1 0:1 mln:4 13:1 3:1 six:1 mth:1 eight:1 87:1 523:1 883:1 27:2 avg:1 shrs:1 5:2 324:2 464:1 350:1 note:1 trillium:1 telephone:1 systems:1 inc:1
TRILLIUM TELEPHONE <TLM.TO> 2ND QTR NET Shr profit seven cts vs loss 1.77 dlrs Net profit 446,000 vs loss 9,370,000 Revs 15.0 mln vs 13.3 mln Six mths Shr profit eight cts vs loss 1.87 dlrs Net profit 523,000 vs loss 9,883,000 Revs 27.1 mln vs 27.1 mln Avg shrs 5,324,464 vs 5,324,350 Note: Trillium Telephone Systems Inc