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test/20605 | test/20605 |@title diamond:1 crystal:1 dslt:1 2nd:1 qtr:1 sept:1 30:1 net:1 |@word shr:2 69:1 ct:4 vs:6 39:1 net:2 1:3 767:1 000:4 007:1 sale:2 32:1 3:1 mln:4 29:1 2:3 six:1 mth:1 53:1 12:1 348:1 319:1 62:1 55:1 note:1 full:1 name:1 diamond:1 crystal:1 salt:1 co:1 | DIAMOND CRYSTAL <DSLT.O> 2ND QTR SEPT 30 NET
Shr 69 cts vs 39 cts
Net 1,767,000 vs 1,007,000
Sales 32.3 mln vs 29.2 mln
Six mths
Shr 53 cts vs 12 cts
Net 1,348,000 vs 319,000
Sales 62.2 mln vs 55.2 mln
NOTE: Full name is Diamond Crystal Salt Co.
|
test/20606 | test/20606 |@title kmw:2 systems:1 corp:1 1st:1 qtr:1 net:1 |@word sept:1 30:1 end:1 primary:2 shr:2 five:2 ct:4 vs:6 eight:2 dilute:2 net:1 100:1 000:6 176:1 revs:1 4:1 027:1 3:1 649:1 avg:2 shrs:2 2:4 212:2 281:2 189:1 330:1 866:1 note:1 1986:1 result:1 include:1 tax:1 credit:1 90:1 dlrs:1 | KMW SYSTEMS CORP <KMW> 1ST QTR NET
Sept 30 end
Primary shr five cts vs eight cts
Diluted shr five cts vs eight cts
Net 100,000 vs 176,000
Revs 4,027,000 vs 3,649,000
Primary avg shrs 2,212,281 vs 2,189,000
Diluted avg shrs 2,212,281 vs 2,330,866
NOTE: 1986 results includes a tax credit of 90,000 dlrs
|
test/20611 | test/20611 |@title ccc:1 prepare:1 wheat:1 catalogue:1 |@word kansas:1 city:1 commodity:1 credit:1 corp:1 office:1 prepare:1 wheat:3 catalogue:3 contain:1 roughly:1 300:1 mln:1 bushel:1 schedule:1 release:2 next:1 two:1 three:1 week:1 ccc:2 spokesman:3 say:4 include:1 stock:3 store:2 terminal:1 50:1 pct:1 country:1 elevator:1 hard:1 red:1 winter:1 comprise:1 bulk:1 follow:1 spring:1 date:1 tentative:1 case:1 snag:1 preparation:1 | CCC PREPARING WHEAT CATALOGUE
The Kansas City Commodity Credit Corp
office is preparing a wheat catalogue containing roughly 300
mln bushels, scheduled to be released in the next two to three
weeks, a CCC spokesman said.
The catalogue should include all CCC stocks stored at
terminals and about 50 pct of the stocks stored at country
elevators, the spokesman said. Hard red winter wheat should
comprise the bulk of the stocks, followed by spring wheat, he
said.
The release date is tentative in case there are snags in
the catalogue's preparation, the spokesman said.
|
test/20618 | test/20618 |@title owens:1 illinois:1 oi:1 extend:1 brockway:1 brk:1 offer:1 |@word owens:4 illinois:4 inc:2 say:3 subsidiary:2 60:1 dlr:1 share:5 cash:1 tender:3 offer:3 outstanding:2 common:3 brockway:4 extend:1 midnight:2 october:2 30:1 schedule:1 expire:1 21:1 oct:1 19:1 1:1 598:1 789:1 13:1 pct:1 prepare:1 response:1 previously:1 announce:1 request:2 additional:1 information:1 federal:1 trade:1 commission:1 hart:1 scott:1 rodino:1 act:1 begin:1 september:1 23:1 able:1 buy:1 10:1 day:1 follow:1 compliance:1 ftc:1 condition:1 | OWENS-ILLINOIS <OI> EXTENDS BROCKWAY <BRK> OFFER
Owens-Illinois Inc said its
subsidiary's 60 dlr a share cash tender offer for all the
outstanding common shares of Brockway Inc has been extended to
midnight October 30.
The offer had been scheduled to expire at midnight October
21.
Owens-Illinois said that as of Oct 19, 1,598,789 common
shares, or about 13 pct of the outstanding shares of Brockway
have been tendered.
It said it and Brockway are preparing responses to the
previously announced request for additional information from
the Federal Trade Commission under the Hart-Scott-Rodino Act.
The Owens-Illinois subsidiary, which began the tender offer
on September 23, will not be able to buy Brockway's common
shares until 10 days following Owens-Illinois compliance with
the FTC request or other conditions.
|
test/20620 | test/20620 |@title west:1 virginia:1 free:1 two:1 major:1 cattle:1 disease:1 |@word west:1 virginia:1 declare:1 free:4 tuberculosis:3 brucellosis:3 cattle:2 population:2 u:4 agriculture:1 department:1 say:2 state:7 recognize:1 case:1 disease:2 diagnose:1 least:1 five:1 year:1 complie:1 uniform:1 method:1 rule:1 federal:1 cooperative:1 eradication:1 program:1 achieve:1 status:1 must:1 remain:1 uninfected:1 previous:1 12:1 month:1 33:1 plus:2 virgin:3 island:3 classify:1 bovine:1 24:1 puerto:1 rico:1 eradicate:2 20:1 note:1 | WEST VIRGINIA FREE OF TWO MAJOR CATTLE DISEASES
West Virginia has been declared free
of tuberculosis and brucellosis from its cattle population, the
U.S. Agriculture Department said.
It said a state is recognized as tuberculosis-free if no
case of the disease is diagnosed for at least five years and if
the state complies with the uniform methods and rules of the
state-federal cooperative eradication program.
To achieve brucellosis-free status, a state's cattle
population must remain uninfected for the previous 12 months.
There are 33 states, plus the U.S. Virgin Islands,
classified as free of bovine tuberculosis and 24 states, plus
Puerto Rico and the U.S. Virgin Islands, which have eradicated
brucellosis. Only 20 states and the U.S. Virgin islands have
eradicated both diseases, it noted.
|
test/20624 | test/20624 |@title us:1 senate:1 cut:1 stall:1 tactic:1 gulf:1 bill:1 |@word confront:1 new:1 hostility:1 involve:1 u:4 force:2 gulf:6 senate:4 vote:2 end:1 republican:1 stalling:1 tactic:1 limit:2 debate:2 measure:3 could:3 give:1 congress:2 large:1 role:1 policy:3 however:1 require:3 president:1 reagan:3 comply:1 1973:1 war:2 powers:2 act:2 related:2 bill:1 controversial:1 pullout:1 67:1 28:1 stop:1 filibuster:1 30:2 hour:1 bipartisan:1 report:1 within:1 60:1 day:2 call:1 resolution:2 pass:1 house:1 situation:1 volatile:1 waterway:2 later:1 issue:1 include:1 expression:1 support:1 disapproval:1 protect:2 11:1 kuwaiti:1 tanker:1 iran:1 pentagon:1 say:1 12th:1 convoy:1 begin:1 move:1 early:1 tuesday:1 | US SENATE CUTS OFF STALL TACTICS ON GULF BILL
Confronted by new hostilities
involving U.S. forces in the Gulf, the U.S. Senate voted to end
Republican stalling tactics and limit debate on a measure that
could give Congress a larger role in Gulf policy.
The measure, however, does not require President Reagan to
comply with the 1973 War Powers Act as does a related Senate
bill. The controversial War Powers Act could require a pullout
of U.S. forces from the Gulf.
The Senate voted 67-28 to stop a filibuster and limit
debate to 30 hours on a bipartisan measure that requires Reagan
to report to Congress on Gulf policy within 60 days and calls
for a resolution to be passed in the House and Senate on the
situation in the volatile waterway 30 days later.
The resolution could be about any Gulf-related issue,
including an expression of support or of disapproval for
Reagan's policy of protecting 11 Kuwaiti tankers from Iran in
the waterway. The Pentagon said the 12th U.S.-protected convoy
began moving through the Gulf early Tuesday.
|
test/20628 | test/20628 |@title ingersoll:1 rand:1 co:1 ir:1 3rd:1 qtr:1 net:1 |@word shr:2 41:1 ct:2 vs:8 39:1 net:2 22:1 3:2 mln:8 20:1 4:1 revs:2 631:1 1:5 644:1 8:1 avg:2 shrs:2 51:1 551:1 000:4 50:3 128:1 nine:2 month:2 16:1 dlrs:4 13:1 64:1 59:1 6:2 90:1 billion:2 2:3 03:1 868:1 028:1 note:1 result:2 reflect:1 five:1 two:1 common:1 stock:3 split:1 payable:2 form:1 dividend:1 july:1 10:1 1987:2 1986:2 include:1 gain:1 retroactive:1 adoption:1 new:1 accounting:1 rule:1 pension:1 jan:1 7:2 third:1 quarter:1 period:1 respectively:1 company:1 redeem:1 outstanding:1 preference:1 35:1 convertible:1 series:1 sept:1 14:1 | INGERSOLL-RAND CO <IR> 3RD QTR NET
Shr 41 cts vs 39 cts
Net 22.3 mln vs 20.4 mln
Revs 631.1 mln vs 644.8 mln
Avg shrs 51,551,000 vs 50,128,000
Nine months
Shr 1.16 dlrs vs 1.13 dlrs
Net 64.3 mln vs 59.6 mln
Revs 1.90 billion vs 2.03 billion
Avg shrs 50,868,000 vs 50,028,000
NOTE: All results reflect five-for-two common stock split
payable in the form of a stock dividend payable July 10, 1987.
1986 results include gains from retroactive adoption of new
accounting rules for pension on Jan 1, 1986 of 2.6 mln and 7.7
mln dlrs for third quarter and nine month periods,
respectively.
Company redeemed its outstanding preference stock, 2.35
dlrs convertible series on Sept 14, 1987.
|
test/20630 | test/20630 |@title sjw:2 corp:1 3rd:1 qtr:1 net:1 |@word shr:2 1:2 15:1 dlrs:4 vs:6 22:1 net:2 3:3 301:1 000:4 466:1 revs:2 21:1 2:3 mln:4 20:1 8:1 nine:1 mth:1 38:1 58:1 6:2 873:1 7:1 397:1 51:1 50:1 | SJW CORP <SJW> 3RD QTR NET
Shr 1.15 dlrs vs 1.22 dlrs
Net 3,301,000 vs 3,466,000
Revs 21.2 mln vs 20.8 mln
Nine Mths
Shr 2.38 dlrs vs 2.58 dlrs
Net 6,873,000 vs 7,397,000
Revs 51.6 mln vs 50.3 mln
|
test/20631 | test/20631 |@title stoltenberg:1 say:1 criticism:1 one:1 way:1 street:1 |@word finance:1 minister:1 gerhard:1 stoltenberg:4 say:3 surprise:1 recent:1 criticism:5 west:3 german:3 economic:2 policy:2 voice:1 u:2 treasury:1 secretary:1 james:1 baker:5 add:2 purely:1 one:3 side:1 tell:2 trade:1 industry:1 association:1 diht:2 meeting:2 monday:3 surprising:1 note:1 united:1 states:1 way:1 street:1 elaborate:1 bonn:1 often:1 call:1 reduce:1 federal:1 budget:1 deficit:1 weekend:1 criticise:1 rise:1 domestic:1 interest:1 rate:1 spirit:1 last:1 february:1 louvre:1 pact:1 stabilise:1 currency:1 resolve:1 difference:1 two:1 country:1 news:1 conference:1 earlier:1 tuesday:1 decline:1 comment:1 specifically:1 three:1 hour:1 discussion:1 remark:1 another:1 clarify:1 | STOLTENBERG SAYS CRITICISM NOT 'ONE-WAY STREET'
Finance Minister Gerhard Stoltenberg said he
was surprised by recent criticism of West German economic
policies voiced by U.S. Treasury Secretary James Baker but
added that the criticism was not purely one-sided.
Stoltenberg told the West German Trade and Industry
Association (DIHT) that before a meeting with Baker on Monday,
'There had been surprising notes of criticism (from the United
States).' He added. 'Criticism is not a one-way street.'
He did not elaborate, but Bonn has often called on the U.S.
To reduce its federal budget deficit.
Over the weekend Baker had criticised West German economic
policies, saying that rises in domestic interest rates here
were not in the spirit of last February's Louvre pact to
stabilise currencies.
Stoltenberg told the DIHT that his meeting on Monday with
Baker had resolved differences between the two countries.
At a news conference earlier on Tuesday Stoltenberg had
declined to comment specifically on Baker's criticisms, but he
had said that after three hours of discussions on Monday, 'one
remark or another has been clarified.'
|
test/20632 | test/20632 |@title rule:1 attack:1 iranian:1 silkworm:1 u:1 |@word military:8 planner:1 rule:1 iran:13 silkworm:3 missile:2 target:5 retaliatory:1 attack:6 mount:1 monday:2 fear:1 draw:1 deeply:1 iraq:2 war:2 defense:3 middle:1 east:1 expert:1 say:9 u:5 naval:2 force:2 destroy:1 offshore:1 oil:4 platform:3 raid:2 another:1 administration:1 call:2 measured:1 appropriate:1 response:1 iranian:3 last:1 friday:1 flagged:1 tanker:1 kuwaiti:1 water:1 private:1 analyst:2 generally:1 agree:1 go:1 rig:2 rather:1 onshore:1 economic:2 launch:1 site:1 reflect:1 careful:1 bid:1 washington:2 limit:1 political:1 diplomatic:1 fallout:1 home:1 gulf:3 simply:1 demonstrate:1 united:4 states:4 take:3 action:4 norman:1 polmar:1 author:2 hit:2 spare:1 embarrassment:2 casualty:1 soil:1 possibly:1 avoid:1 escalate:1 spiral:1 counterattack:1 addition:1 minimize:1 risk:1 potential:1 loss:1 include:1 aircraft:1 could:1 shoot:1 part:1 anthony:1 cordesman:2 new:1 book:1 apparently:1 choose:2 limited:1 keep:1 alive:1 possibility:1 n:2 secretary:2 general:1 javier:1 perez:1 de:1 cuellar:1 may:2 still:1 persuade:1 accept:1 security:1 council:1 ceasefire:1 want:1 peace:1 initiative:1 work:1 chance:1 add:1 make:1 clear:1 tough:1 step:1 would:2 follow:2 ship:1 albeit:1 one:1 pentagon:2 turn:1 command:1 post:1 also:2 send:1 message:1 willing:2 lifeline:1 official:1 use:1 base:2 shipping:1 low:1 show:1 interfere:1 export:2 capability:1 predict:1 respond:1 future:1 major:1 challenge:1 bandar:1 abbas:1 strait:1 hormuz:1 mine:1 approach:1 terminal:1 kharg:1 island:1 caspar:1 weinberger:1 seek:1 confrontation:1 prepared:1 meet:1 escalation:1 strong:1 countermeasure:1 | US RULED OUT ATTACK ON IRANIAN SILKWORMS
U.S. military planners ruled out
Iran's Silkworm missiles as a target in the retaliatory attack
mounted on Monday for fear of being drawn more deeply into the
Iran-Iraq war, defense and Middle East experts said.
U.S. naval forces destroyed an offshore oil platform and
raided another in what the administration called a 'measured and
appropriate response' to an Iranian Silkworm missile attack last
Friday on a U.S.-flagged tanker in Kuwaiti waters.
Private analysts generally agreed that going after the rig
rather than an onshore economic or military target such as
Silkworm launch sites reflected a careful bid by Washington to
limit the political, military and diplomatic fallout both at
home and in the Gulf.
'It simply demonstrated the United States will take military
action when they (Iran) take military action,' Norman Polmar, a
defense analyst and author, said.
He said hitting the platforms had spared Iran the
embarrassment of casualties on its own soil, possibly avoiding
an escalating spiral of attack and counterattack.
In addition, it minimized the risk to U.S. forces and the
potential embarrassment of any losses, including aircraft that
could have been shot down had they taken part in an attack.
Anthony Cordesman, author of a new book on the Iran-Iraq
war, said the United States apparently chose a limited target
to keep alive the possibility that U.N. Secretary General
Javier Perez de Cuellar might still persuade Iran to accept a
Security Council call for a ceasefire.
'We want the U.N. peace initiative to work if there's any
chance at all,' he said, adding that the action made it clear
tougher steps would follow if Iran to attack Gulf shipping.
In targeting an oil rig -- albeit one said by the Pentagon
to have been turned into a military command post -- Washington
also sent a message that it might be willing to attack Iran's
economic lifeline. Pentagon officials said the platform had
been used as a base for Iranian raids against shipping in the
lower Gulf.
'We have chosen a military target, but we also have shown
Iran that we are willing to interfere with its oil-exporting
capabilities,' Cordesman said.
He predicted the United States would respond to any future
major Iranian challenges by hitting Iran's naval base at Bandar
Abbas on the Straits of Hormuz, followed by mining the
approaches to Iran's oil export terminal on Kharg Island.
Defense Secretary Caspar Weinberger said on Monday the
United States did not seek further confrontation with Iran, 'but
we will be prepared to meet any escalation of military action
by Iran with stronger countermeasures.'
|
test/20634 | test/20634 |@title adobe:1 resources:1 corp:1 adb:1 3rd:1 qtr:1 net:1 |@word shr:2 loss:9 two:1 ct:9 vs:6 41:2 net:3 profit:3 4:4 134:1 000:5 3:1 682:1 revs:2 22:1 8:2 mln:9 23:2 5:1 nine:4 mth:4 44:1 1:2 99:1 dlrs:7 25:1 6:3 26:1 73:1 86:1 7:1 note:1 1987:2 qtr:3 include:3 gain:1 374:1 five:1 per:6 share:6 10:1 2:1 respectively:3 operating:1 carryforward:1 850:2 16:1 14:2 58:1 payment:2 preferred:2 dividend:2 1986:1 70:1 | ADOBE RESOURCES CORP <ADB> 3RD QTR NET
Shr loss two cts vs loss 41 cts
Net profit 4,134,000 vs loss 3,682,000
Revs 22.8 mln vs 23.5 mln
Nine mths
Shr profit 44 cts vs loss 1.99 dlrs
Net profit 25.6 mln vs loss 26.8 mln
Revs 73.4 mln vs 86.7 mln
NOTE: 1987 qtr and nine mths includes gain 1,374,000 dlrs,
or five cts per share, and 10.2 mln dlrs, or 41 cts per share,
respectively, from net operating loss carryforward.
1987 qtr and nine mths includes loss 4,850,000 dlrs, or 16
cts per share, and loss 14.6 mln dlrs, or 58 cts per share,
respectively, from payment of preferred dividends.
1986 qtr and nine mths includes loss 4,850,000 dlrs, or 23
cts per share, and 14.6 mln dlrs, or 70 cts per share,
respectively, from payment of preferred dividends.
|
test/20637 | test/20637 |@title u:2 exporter:2 report:2 125:2 000:2 tonne:2 corn:2 sell:2 ussr:2 1987:2 88:2 |@word | U.S. EXPORTERS REPORT 125,000 TONNES OF CORN SOLD TO USSR FOR 1987/88
U.S. EXPORTERS REPORT 125,000 TONNES OF CORN SOLD TO USSR FOR 1987/88
|
test/20639 | test/20639 |@title kenner:1 parker:1 toys:1 inc:1 kpt:1 3rd:1 qtr:1 oper:1 |@word oper:6 shr:2 1:3 22:2 dlrs:7 vs:6 88:1 ct:1 net:4 13:1 5:2 mln:8 11:1 7:2 revs:2 139:1 160:1 nine:3 mth:3 2:1 00:1 15:2 8:3 4:1 348:1 385:1 9:2 note:1 1987:1 3rd:2 qtr:2 exclude:2 gain:2 tax:2 loss:1 carryforward:2 3:1 067:1 000:4 548:1 respectively:2 1986:1 446:1 814:1 | KENNER PARKER TOYS INC <KPT> 3RD QTR OPER
Oper shr 1.22 dlrs vs 88 cts
Oper net 13.5 mln vs 11.7 mln
Revs 139.1 mln vs 160.5 mln
Nine mths
Oper shr 2.00 dlrs vs 1.15 dlrs
Oper net 22.8 mln vs 15.4 mln
Revs 348.8 mln vs 385.9 mln
NOTE: 1987 3rd qtr and nine mths oper net excludes gains
from tax loss carryforwards of 3,067,000 dlrs and 8,548,000
dlrs respectively. 1986 3rd qtr and nine mths oper net excludes
tax carryforward gains of 7,446,000 dlrs and 9,814,000 dlrs,
respectively.
|
test/20640 | test/20640 |@title tennant:1 co:1 tant:1 3rd:1 qtr:1 net:1 |@word shr:2 50:1 ct:2 vs:6 47:1 net:2 2:3 646:1 000:4 611:1 sale:2 41:1 4:2 mln:4 38:1 7:1 nine:1 mth:1 1:2 13:1 dlrs:2 04:1 6:1 038:1 5:1 545:1 117:1 108:1 | TENNANT CO <TANT.O> 3RD QTR NET
Shr 50 cts vs 47 cts
Net 2,646,000 vs 2,611,000
Sale 41.4 mln vs 38.7 mln
Nine mths
Shr 1.13 dlrs vs 1.04 dlrs
Net 6,038,000 vs 5,545,000
Sales 117.2 mln vs 108.4 mln
|
test/20641 | test/20641 |@title welbilt:1 welb:1 acquire:1 food:1 handling:1 system:1 |@word welbilt:1 corp:1 say:1 acquire:1 food:2 handling:2 systems:1 inc:1 dallas:3 producer:1 commercial:2 oven:1 conveyer:1 proofer:1 system:1 term:1 transaction:1 disclose:1 also:1 produce:1 equipment:1 baking:1 industry:1 privately:1 richard:1 shumway:1 mesa:1 ariz:1 vic:1 ferrara:1 remain:1 company:2 manufacture:1 facility:1 phoenix:1 | WELBILT <WELB.O> ACQUIRES FOOD HANDLING SYSTEMS
Welbilt Corp said it acquired
<Food Handling Systems Inc> of Dallas, a producer of commercial
ovens, conveyers and proofer systems.
Terms of the transaction were not disclosed.
Food Handling, which also produces equipment for the
commercial baking industry, was privately owned by Richard
Shumway of Mesa, Ariz., and Vic Ferrara of Dallas, both of whom
will remain with the company.
The company has manufacturing facilities in Dallas and
Phoenix.
|
test/20645 | test/20645 |@title usda:1 report:1 corn:1 sell:1 ussr:1 |@word private:1 exporter:1 report:2 sale:4 125:1 000:1 tonne:5 u:1 corn:3 soviet:1 union:1 delivery:3 1987:2 88:1 season:1 fifth:2 year:3 long:1 term:1 grain:1 supply:1 agreement:3 department:1 note:1 first:1 begin:1 october:1 1:1 wheat:2 ussr:1 fourth:1 total:2 8:1 182:1 500:2 4:2 080:1 102:1 300:1 addition:1 soybean:1 68:1 200:1 say:1 | USDA REPORTS CORN SOLD TO USSR
Private exporters reported sales of
125,000 tonnes of U.S. corn to the Soviet Union for delivery
during the 1987/88 season and under the fifth year of the Long
Term Grain Supply Agreement.
The department noted the sales are the first reported for
delivery during the fifth year of the Agreement, which began
October 1, 1987.
Sales of wheat and corn to the USSR for delivery during the
fourth year of the agreement totaled 8,182,500 tonnes --
4,080,500 tonnes of wheat and 4,102,300 tonnes of corn. In
addition, sales of soybeans totaled 68,200 tonnes, it said.
|
test/20646 | test/20646 |@title de:1 laurentiis:1 entertainment:1 deg:1 2nd:1 qtr:1 loss:1 |@word period:1 end:1 august:1 31:1 shr:2 loss:6 52:1 ct:3 vs:6 profit:2 16:1 net:2 4:1 987:1 000:4 1:1 570:1 revs:2 18:1 0:1 mln:4 24:1 7:1 six:1 mth:1 2:1 14:1 dlrs:1 seven:1 20:1 525:1 557:1 25:1 6:1 30:1 8:1 note:1 full:1 name:1 de:1 laurentiis:1 entertainment:1 group:1 inc:1 | DE LAURENTIIS ENTERTAINMENT <DEG> 2ND QTR LOSS
Period ended August 31.
Shr loss 52 cts vs profit 16 cts
Net loss 4,987,000 vs profit 1,570,000
Revs 18.0 mln vs 24.7 mln
Six Mths
Shr loss 2.14 dlrs vs loss seven cts
Net loss 20,525,000 vs loss 557,000
Revs 25.6 mln vs 30.8 mln
Note: Full name De Laurentiis Entertainment Group Inc.
|
test/20648 | test/20648 |@title albany:1 international:1 corp:1 aaica:1 3rd:1 qtr:1 net:1 |@word shr:2 27:1 ct:4 vs:7 17:2 net:2 5:1 584:1 000:3 4:1 276:1 rev:1 97:1 7:2 mln:7 83:1 9:2 nine:1 mth:1 84:1 39:1 848:1 revs:1 290:1 8:2 241:1 avg:1 shrs:1 21:1 1:2 25:1 | ALBANY INTERNATIONAL CORP <AAICA.O> 3RD QTR NET
Shr 27 cts vs 17 cts
Net 5,584,000 vs 4,276,000
Revs 97.7 mln vs 83.9 mln
Nine mths
Shr 84 cts vs 39 cts
Net 17.7 mln vs 9,848,000
Revs 290.8 mln vs 241.8 mln
Avg shrs 21.1 mln vs 25.1 mln
|
test/20649 | test/20649 |@title spain:1 appeal:1 ec:1 help:1 maize:1 import:1 |@word spanish:5 farm:3 minister:2 carlos:1 romero:3 speak:1 meeting:2 ec:5 call:1 action:1 help:2 maize:2 market:2 diplomatic:1 source:3 say:6 spain:3 threaten:2 massive:1 import:4 third:2 country:3 end:1 year:2 due:1 come:2 result:1 accord:1 promise:1 united:1 states:1 two:1 mln:1 tonne:2 300:1 000:1 sorghum:1 around:1 sixth:1 tonnage:1 far:1 reduce:1 levy:1 system:1 cereal:1 management:1 committee:1 may:1 decide:1 week:1 authorise:1 intervention:1 board:1 make:1 direct:2 purchase:1 urge:1 take:1 prevent:1 disturbance:1 withhold:1 support:1 commission:1 plan:1 new:1 limit:1 output:1 breach:1 would:1 mean:1 price:1 cut:1 unless:1 receive:1 reply:1 give:1 | SPAIN APPEALS FOR EC HELP ON MAIZE IMPORTS
Spanish farm minister Carlos Romero,
speaking at a meeting of EC farm ministers, called for action
to help the Spanish maize market, Spanish diplomatic sources
said.
Spain is threatened with massive imports from third
countries by the end of the year, they said.
They said the imports are due to come in as a result of the
accord by which the EC has promised the United States it will
import two mln tonnes of maize and 300,000 tonnes of sorghum
into Spain from third countries this year.
Around a sixth of this tonnage has so far come in under a
reduced levy system and the EC cereals management committee may
decide this week to authorise the Spanish intervention board to
make direct purchases.
The sources said Romero urged that other EC countries
should take some of the imports to prevent disturbance of the
Spanish market.
They said he threatened to withhold support for the EC
Commission plan for new limits on farm output which if breached
would mean price cuts unless Spain received some help.
The sources said no direct reply was given to Romero at the
meeting.
|
test/20650 | test/20650 |@title american:1 business:1 products:1 inc:1 abp:1 3rd:1 qtr:1 |@word shr:2 40:1 ct:3 vs:6 eight:1 net:2 2:3 292:1 000:5 465:1 revs:2 81:1 9:2 mln:4 78:1 nine:2 mth:2 1:2 20:1 dlrs:3 01:1 6:1 842:1 5:1 755:1 244:1 7:1 234:1 note:1 1986:1 qtr:1 include:1 loss:1 223:1 39:1 per:1 share:1 unspecified:1 extraordinary:1 item:1 | AMERICAN BUSINESS PRODUCTS INC <ABP> 3RD QTR
Shr 40 cts vs eight cts
Net 2,292,000 vs 465,000
Revs 81.9 mln vs 78.9 mln
Nine mths
Shr 1.20 dlrs vs 1.01 dlrs
Net 6,842,000 vs 5,755,000
Revs 244.7 mln vs 234.2 mln
NOTE: 1986 qtr and nine mths includes loss 2,223,000 dlrs,
or 39 cts per share, from unspecified extraordinary item.
|
test/20651 | test/20651 |@title allied:1 bancshares:1 inc:1 albn:1 3rd:1 qtr:1 loss:1 |@word shr:2 loss:10 2:2 51:1 dlrs:6 vs:4 1:1 12:1 net:2 104:1 mln:7 46:1 4:2 nine:2 mth:2 5:1 80:1 52:1 ct:1 240:1 9:2 21:1 7:1 note:1 1987:2 qtr:2 include:2 123:1 6:1 286:1 0:1 respectively:1 loan:1 allowance:1 provision:1 gain:1 tax:1 benefit:1 | ALLIED BANCSHARES INC <ALBN.O> 3RD QTR LOSS
Shr loss 2.51 dlrs vs loss 1.12 dlrs
Net loss 104.2 mln vs loss 46.4 mln
Nine mths
Shr loss 5.80 dlrs vs loss 52 cts
Net loss 240.9 mln vs loss 21.7 mln
NOTE: 1987 qtr and nine mths includes loss 123.6 mln dlrs
and 286.0 mln dlrs, respectively, for loan-loss allowance
provision. 1987 qtr includes gain 9.4 mln dlrs from tax
benefit.
|
test/20652 | test/20652 |@title central:1 banking:1 system:1 inc:1 csys:1 3rd:1 qtr:1 net:1 |@word shr:2 39:1 ct:3 vs:7 27:1 net:2 1:7 713:1 000:4 207:1 nine:1 mth:1 13:1 dlrs:1 70:1 4:2 935:1 352:1 loan:1 843:1 2:2 mln:3 937:1 deposit:1 954:1 043:1 billion:3 asset:1 09:1 19:1 | CENTRAL BANKING SYSTEM INC <CSYS.O> 3RD QTR NET
Shr 39 cts vs 27 cts
Net 1,713,000 vs 1,207,000
Nine Mths
Shr 1.13 dlrs vs 70 cts
Net 4,935,000 vs 4,352,000
Loans 843.2 mln vs 937.2 mln
Deposits 954.1 mln vs 1.043 billion
Assets 1.09 billion vs 1.19 billion
|
test/20653 | test/20653 |@title outer:1 continental:1 shelf:1 sale:1 postpone:1 |@word outer:1 continental:1 shelf:1 oil:1 gas:1 lease:1 sale:3 number:1 97:1 beaufort:1 sea:1 tentatively:1 scheduale:1 january:1 1988:1 postpone:1 u:1 department:2 interior:1 say:4 alan:1 powers:1 chief:1 minerals:1 maanagement:1 service:1 delay:1 time:1 study:1 effect:1 drill:1 noise:2 whale:1 migration:1 power:2 state:1 ask:1 additional:1 datum:1 area:2 alaska:2 north:1 slope:1 new:1 date:1 set:1 likely:1 sooner:1 next:1 march:1 3:1 930:1 block:1 encompass:1 21:1 mln:1 acre:1 involve:1 propose:1 three:1 160:1 mile:1 northern:1 coast:1 artic:1 ocean:1 canadian:1 border:1 162:1 degree:1 west:1 longitude:1 | OUTER CONTINENTAL SHELF SALE POSTPONED
Outer Continental Shelf oil and gas
lease sale number 97 in the Beaufort Sea, tentatively
schedualed for January 1988 has been postponed, the U.S.
Department of Interior said.
Alan Powers, chief of the Minerals Maanagement Service for
the department, said the delay is to have more time to study
the effects of drilling noise on whale migrations.
Powers said the state has asked for additional noise data
for the sale area off Alaska's North Slope. A new date has not
been set, but it will likely be no sooner than next March,
Powers said.
Some 3,930 blocks encompassing about 21 mln acres are
involved in the proposed sale. The area is between three and
160 miles off the northern coast of Alaska in the Artic Ocean
between the Canadian border and 162 degrees west longitude.
|
test/20654 | test/20654 |@title seacoast:1 banking:1 corp:1 florida:1 sbcf:1 3rd:1 |@word shr:2 44:1 ct:2 vs:4 33:1 net:2 1:3 026:1 000:4 769:1 nine:1 mth:1 30:1 dlrs:2 06:1 3:1 035:1 2:1 472:1 | SEACOAST BANKING CORP OF FLORIDA <SBCF.O> 3RD
Shr 44 cts vs 33 cts
Net 1,026,000 vs 769,000
Nine mths
Shr 1.30 dlrs vs 1.06 dlrs
Net 3,035,000 vs 2,472,000
|
test/20655 | test/20655 |@title coeur:1 alene:1 mines:1 corp:1 cour:1 3rd:1 qtr:1 net:1 |@word shr:2 profit:4 47:1 ct:4 vs:8 loss:4 38:2 net:2 4:1 767:1 000:6 2:1 623:1 revs:2 23:1 7:3 mln:2 3:2 629:1 avg:2 shrs:2 11:1 242:1 166:1 6:2 895:2 290:2 nine:1 mth:1 89:1 49:1 726:1 350:1 8:1 172:1 9:1 410:1 497:1 | COEUR D'ALENE MINES CORP <COUR.O> 3RD QTR NET
Shr profit 47 cts vs loss 38 cts
Net profit 4,767,000 vs loss 2,623,000
Revs 23.7 mln vs 3,629,000
Avg shrs 11,242,166 vs 6,895,290
Nine Mths
Shr profit 89 cts vs loss 49 cts
Net profit 7,726,000 vs loss 3,350,000
Revs 38.8 mln vs 7,172,000
Avg shrs 9,410,497 vs 6,895,290
|
test/20657 | test/20657 |@title strathcona:1 resource:1 srh:1 3rd:1 qtr:1 aug:1 31:1 net:1 |@word shr:2 profit:2 two:1 ct:3 vs:6 nil:1 net:2 403:1 000:6 loss:5 51:1 revs:2 9:1 609:1 4:1 495:1 nine:1 mth:1 one:1 four:1 171:1 799:1 17:1 6:1 mln:2 13:1 3:1 note:1 full:1 name:1 strathcona:1 resource:1 industries:1 ltd:1 | STRATHCONA RESOURCE <SRH.TO> 3RD QTR AUG 31 NET
Shr profit two cts vs nil
Net profit 403,000 vs loss 51,000
Revs 9,609,000 vs 4,495,000
Nine mths
Shr loss one ct vs loss four cts
Net loss 171,000 vs loss 799,000
Revs 17.6 mln vs 13.3 mln
NOTE: Full name is Strathcona Resource Industries Ltd.
|
test/20658 | test/20658 |@title corporate:1 software:1 inc:1 csof:1 3rd:1 qtr:1 net:1 |@word shr:4 13:1 ct:6 vs:8 12:1 net:2 470:1 000:11 311:1 rev:2 15:1 8:2 mln:3 176:1 avg:2 shrs:2 3:2 723:1 2:2 512:1 nine:2 mth:2 36:1 43:1 1:1 138:1 993:1 40:1 5:1 21:1 9:1 199:1 283:1 note:1 1986:3 include:1 extraordinary:1 credit:1 160:1 six:1 per:2 qtr:1 511:1 22:1 | CORPORATE SOFTWARE INC <CSOF.O> 3RD QTR NET
Shr 13 cts vs 12 cts
Net 470,000 vs 311,000
Revs 15.8 mln vs 8,176,000
Avg shrs 3,723,000 vs 2,512,000
Nine mths
Shr 36 cts vs 43 cts
Net 1,138,000 vs 993,000
Revs 40.5 mln vs 21.9 mln
Avg shrs 3,199,000 vs 2,283,000
NOTE: 1986 includes extraordinary credit of 160,000 or six
cts per shr in qtr 1986 and 511,000 or 22 cts per shr in nine
mths 1986.
|
test/20660 | test/20660 |@title susquehanna:1 corp:1 sqn:1 3rd:1 qtr:1 net:1 |@word shr:4 17:1 ct:6 vs:6 seven:1 net:3 1:4 660:1 0009:1 653:1 000:5 revs:2 21:1 0:1 mln:4 20:1 6:1 nine:2 mth:2 34:1 12:1 3:1 320:1 109:1 60:1 57:1 4:1 note:1 include:1 loss:1 discontinue:1 operation:1 198:1 two:1 per:2 qtr:1 1986:2 425:1 15:1 | SUSQUEHANNA CORP <SQN> 3RD QTR NET
Shr 17 cts vs seven cts
Net 1,660,0009 vs 653,000
Revs 21.0 mln vs 20.6 mln
Nine mths
Shr 34 cts vs 12 cts
Net 3,320,000 vs 1,109,000
Revs 60.1 mln vs 57.4 mln
NOTE: Net includes loss from discontinued operations of
198,000 or two cts per shr in qtr 1986 and 1,425,000 or 15 cts
per shr in nine mths 1986.
|
test/20662 | test/20662 |@title ecuador:1 cepe:1 name:1 new:1 head:1 |@word state:2 run:1 ecuadorean:1 oil:1 corporation:1 cepe:3 name:1 jaime:1 sanchez:2 valdivieso:1 new:1 general:1 manager:1 replacing:1 carlos:1 romo:2 leroux:2 spokesman:3 say:2 tell:1 reuters:1 46:1 year:1 old:1 civil:1 engineer:1 formerly:1 head:1 administration:1 finance:1 division:1 resign:1 last:1 week:1 personal:1 family:1 reason:1 | ECUADOR'S CEPE NAMES NEW HEAD
The state-run Ecuadorean State Oil
Corporation (CEPE) has named Jaime Sanchez Valdivieso as its
new general manager replacing Carlos Romo Leroux, a CEPE
spokesman said.
The spokesman told Reuters Sanchez is a 46-year-old civil
engineer who formerly headed CEPE's administration and finances
division.
Romo Leroux resigned last week for 'personal and family'
reasons, the spokesman said.
|
test/20666 | test/20666 |@title brooklyn:1 union:1 bu:1 buy:1 gas:1 shell:1 oil:1 |@word brooklyn:3 union:3 gas:7 co:2 say:5 contract:3 purchase:2 60:1 mln:1 cubic:1 foot:1 natural:1 per:1 day:1 shell:5 oil:3 royal:1 dutch:1 group:1 rd:1 sc:1 subsidiary:2 long:1 term:1 cover:1 15:1 pct:2 total:1 supply:2 spokesman:1 utility:2 agree:1 disclose:1 length:1 price:1 describe:1 competitive:1 market:1 sensitive:1 escalation:1 formula:1 replace:1 25:1 previously:1 transco:1 energy:1 inc:1 e:1 transcontinental:2 pipe:1 line:1 corp:1 transport:1 possibly:1 begin:1 soon:1 november:1 1:1 | BROOKLYN UNION <BU> TO BUY GAS FROM SHELL OIL
Brooklyn Union Gas Co said it has
contracted to purchase up to 60 mln cubic feet of natural gas
per day from Shell Oil Co, a Royal Dutch/Shell Group <RD> <SC>
subsidiary.
Brooklyn Union said the long-term contract will cover about
15 pct of its total supplies.
A spokesman said Shell and the utility agreed to not
disclose the length of the contract or the price of the gas,
which he described as competitive with a market sensitive
escalation formula.
Brooklyn Union said the gas from Shell Oil will replace
about 25 pct of the gas previously supplied by Transco Energy
Inc's <E> Transcontinental Gas Pipe Line Corp subsidiary.
The utility said Transcontinental will transport the gas
being purchased from Shell Oil, possibly beginning as soon as
November 1.
|
test/20667 | test/20667 |@title amex:1 say:1 bear:1 stearns:1 buy:1 specialist:1 unit:1 |@word american:1 stock:4 exchange:3 say:2 previously:1 report:1 bear:1 stearns:1 co:2 bsc:1 purchase:1 w:1 damm:1 frank:1 specialist:3 unit:4 amex:2 trading:1 floor:1 trade:1 option:1 small:1 comparison:1 personel:1 operation:1 remain:1 add:1 price:1 disclose:1 authorize:1 deal:1 agent:1 broker:1 keep:1 stable:1 market:1 one:1 particular:1 | AMEX SAYS BEAR STEARNS BOUGHT SPECIALIST UNIT
The American Stock Exchange said, as
previously reported, that Bear Stearns and Co <BSC> has
purchased <W. Damm, M. Frank and Co>, a specialist unit on the
Amex trading floor.
Amex said the unit, which trades stocks and options is
small in comparison to other specialist units. The personel and
operations remain the same, the exchange added.
The price was not disclosed.
A specialist unit is authorized by a stock exchange to deal
as an agent for other brokers to keep a stable market in one or
more particular stocks.
|
test/20668 | test/20668 |@title dinner:1 bell:1 foods:1 inc:1 dinb:1 1st:1 qtr:1 sept:1 26:1 |@word shr:1 4:1 41:1 dlrs:3 vs:4 seven:1 ct:3 qtly:1 div:1 10:2 prior:1 qtr:1 net:2 2:1 955:1 000:3 75:1 sale:1 72:1 7:2 mln:2 70:1 0:1 note:1 include:1 pre:1 tax:1 gain:1 813:1 0000:1 termination:1 retirement:1 plan:1 salaried:1 employee:1 875:1 charge:1 reorganization:1 cost:1 dividend:1 payable:1 november:2 17:1 holder:1 record:1 two:1 | DINNER BELL FOODS INC <DINB.O> 1ST QTR SEPT 26
Shr 4.41 dlrs vs seven cts
Qtly div 10 cts vs 10 cts in prior qtr
Net 2,955,000 vs 75,000
Sales 72.7 mln vs 70.0 mln
NOTE: Net includes pre-tax gain of 7,813,0000 dlrs from
termination of retirement plan for salaried employees and
875,000 dlrs charge for reorganization costs
Dividend payable November 17 to holders of record November
two
|
test/20669 | test/20669 |@title petrolane:1 partners:1 l:1 p:1 lpg:1 3rd:1 qtr:1 loss:1 |@word shr:2 loss:2 five:1 ct:3 vs:4 profit:6 six:1 net:2 1:3 200:1 000:2 400:1 nine:1 mth:1 00:1 dlrs:1 84:1 23:1 7:1 mln:2 19:1 9:1 note:1 year:1 ago:1 result:1 pro:1 forma:1 since:1 company:1 create:1 march:1 transfer:1 master:1 limited:1 partnership:1 domestic:1 asset:1 petrolane:1 inc:1 liquefy:1 petroleum:1 gas:1 division:1 | PETROLANE PARTNERS L.P. <LPG> 3RD QTR LOSS
Shr loss five cts vs profit six cts
Net loss 1,200,000 vs profit 1,400,000
Nine mths
Shr profit 1.00 dlrs vs profit 84 cts
Net profit 23.7 mln vs profit 19.9 mln
NOTE: Year ago results are pro forma since the company was
created in March by the transfer to a master limited
partnership of all domestic assets of Petrolane Inc's liquefied
petroleum gas division.
|
test/20670 | test/20670 |@title eastek:1 corp:1 estk:1 1st:1 qtr:1 sept:1 30:1 loss:1 |@word shr:1 loss:4 24:1 ct:2 vs:3 four:1 net:1 874:1 986:1 56:1 182:1 revs:1 402:1 855:1 available:1 note:1 company:2 make:1 initial:1 offering:1 march:1 1987:1 development:1 stage:1 sale:1 post:1 1986:1 | EASTEK CORP <ESTK.O> 1ST QTR SEPT 30 LOSS
Shr loss 24 cts vs loss four cts
Net loss 874,986 vs loss 56,182
Revs 402,855 vs not available
NOTE: The company made its initial offering in March 1987
and before then had been a development stage company so no
sales were posted in 1986.
|
test/20671 | test/20671 |@title american:1 capital:1 management:1 aca:1 3rd:1 qtr:1 net:1 |@word shr:2 26:1 ct:2 vs:6 36:1 net:2 6:2 400:1 000:2 8:2 700:1 revs:2 25:2 3:2 mln:6 28:1 2:1 nine:1 mth:1 1:3 04:1 dlrs:2 20:1 29:1 84:1 91:1 note:1 company:1 full:1 name:1 american:1 capital:1 management:1 research:1 inc:1 | AMERICAN CAPITAL MANAGEMENT <ACA> 3RD QTR NET
Shr 26 cts vs 36 cts
Net 6,400,000 vs 8,700,000
Revs 25.3 mln vs 28.2 mln
Nine mths
Shr 1.04 dlrs vs 1.20 dlrs
Net 25.3 mln vs 29.1 mln
Revs 84.6 mln vs 91.8 mln
NOTE: Company's full name is American Capital Management
and Research Inc.
|
test/20672 | test/20672 |@title p:1 c:1 foods:1 inc:1 food:1 3rd:1 qtr:1 net:1 |@word oct:1 3:2 end:1 shr:2 40:1 ct:4 vs:8 35:1 net:2 149:1 000:6 2:2 433:1 revs:2 225:2 4:2 mln:4 9:1 avg:2 shrs:2 7:4 800:2 157:1 143:2 nine:1 month:1 91:1 63:1 114:1 540:1 747:1 728:1 6:1 767:1 | P AND C FOODS INC <FOOD.O> 3RD QTR NET
Oct 3 end
Shr 40 cts vs 35 cts
Net 3,149,000 vs 2,433,000
Revs 225.4 mln vs 225.9 mln
Avg shrs 7,800,000 vs 7,157,143
Nine months
Shr 91 cts vs 63 cts
Net 7,114,000 vs 4,540,000
Revs 747 mln vs 728.2 mln
Avg shrs 7,800,000 vs 6,767,143
|
test/20673 | test/20673 |@title regency:1 electronics:1 inc:1 rgcy:1 1st:1 qtr:1 net:1 |@word period:1 end:1 september:1 30:1 shr:1 profit:2 one:1 ct:2 vs:3 loss:1 three:1 net:1 65:1 000:2 292:1 sale:1 18:1 1:1 mln:2 16:1 7:1 | REGENCY ELECTRONICS INC <RGCY.O> 1ST QTR NET
Period ended September 30
Shr profit one ct vs loss three cts
Net profit 65,000 vs 292,000
Sales 18.1 mln vs 16.7 mln
|
test/20678 | test/20678 |@title senator:1 urge:1 action:1 stabilize:1 stock:1 market:1 |@word sen:1 john:1 heinz:2 r:1 pa:1 urge:2 administration:1 take:1 step:1 reduce:1 volatility:1 financial:1 market:1 include:1 suspend:1 program:1 trading:2 limit:1 daily:1 stock:2 index:2 future:2 say:1 margin:1 requirement:1 six:1 pct:1 common:1 equity:1 creation:1 task:1 force:1 head:1 former:1 federal:1 reserve:1 chairman:1 paul:1 volcker:1 coordinate:1 international:1 credit:1 montary:1 policy:1 among:1 major:1 nation:1 stabilize:1 interest:1 rate:1 low:1 possible:1 level:1 | SENATOR URGES ACTION TO STABILIZE STOCK MARKETS
Sen. John Heinz, R-Pa, urged the
Administration to take steps to reduce volatility in the
financial markets, including suspending program trading and
limiting daily trading on stock index futures.
Heinz said margin requirements for index futures, now six
pct, should be the same as for common stock and equities.
He urged creation of a task force to be headed by former
Federal Reserve chairman Paul Volcker to coordinate
international credit and montary policies among major nations
and stabilize interest rates at the lowest possible levels.
|
test/20679 | test/20679 |@title dinner:1 bell:1 dinb:1 leverage:1 buy:1 drop:1 |@word dinner:1 bell:1 foods:1 inc:1 say:3 talk:1 concern:1 propose:1 leverage:1 buy:1 company:4 terminate:1 spokesman:1 group:1 lead:1 joseph:1 f:1 grimes:1 ii:1 director:1 b:1 rober:1 kill:1 withdraw:1 proposal:1 acquire:1 stock:1 23:1 50:1 dlrs:1 share:1 also:1 board:1 determine:1 previously:1 postpone:1 annual:1 meeting:1 hold:1 january:1 five:1 | DINNER BELL <DINB.O> LEVERAGE BUY OUT DROPPED
Dinner Bell Foods Inc said the
talks concerning a proposed leveraged buy-out of the company
have been terminated.
A spokesman said the group led by Joseph F. Grimes II, a
director of the company, and B. Rober Kill has withdrawn their
proposal to acquire the company's stock for 23.50 dlrs a share.
The company also said its board determined the previously
postponed annual meeting will be held on January five.
|
test/20680 | test/20680 |@title quaker:1 oats:1 co:1 oat:1 1st:1 qtr:1 sept:1 30:1 net:1 |@word shr:1 52:1 ct:2 vs:4 42:1 net:1 41:1 1:2 mln:3 33:1 2:1 sale:1 27:1 billion:1 960:1 3:1 avg:1 shrs:1 79:1 800:1 000:2 78:1 200:1 | QUAKER OATS CO <OAT> 1ST QTR SEPT 30 NET
Shr 52 cts vs 42 cts
Net 41.1 mln vs 33.2 mln
Sales 1.27 billion vs 960.3 mln
Avg shrs 79,800,000 vs 78,200,000
|
test/20682 | test/20682 |@title ecuador:1 post:1 71:1 3:1 mln:1 dlr:1 8:1 mth:1 trade:1 deficit:1 |@word ecuador:2 post:1 trade:1 deficit:1 71:1 3:1 mln:4 dlrs:6 first:1 eight:1 month:2 1987:2 compare:1 surplus:1 468:1 6:1 period:1 1986:3 central:2 bank:2 figure:1 show:1 suspend:1 oil:1 export:3 make:1 55:1 pct:1 value:2 total:1 five:1 year:1 earthquake:1 march:1 shatter:1 country:1 pipeline:1 say:1 january:1 august:1 stand:1 1:2 132:1 billion:2 import:1 204:1 net:1 international:1 monetary:1 reserve:1 decline:1 57:1 5:1 end:2 september:2 146:1 8:1 | ECUADOR POSTS 71.3 MLN DLR 8-MTH TRADE DEFICIT
Ecuador posted a trade deficit of 71.3 mln
dlrs in the first eight months of 1987, compared with a surplus
of 468.6 mln dlrs in the same period of 1986, central bank
figures show.
Ecuador suspended oil exports, which made up 55 pct of the
value of its total exports in 1986, for five months this year
after an earthquake in March shattered the country's pipeline.
The central bank said the value of exports from January to
August 1987 stood at 1.132 billion dlrs and imports 1.204
billion dlrs. Net international monetary reserves declined to
57.5 mln dlrs at end-September from 146.8 mln dlrs at end-
September 1986.
|
test/20685 | test/20685 |@title nl:2 industries:1 inc:1 3rd:1 qtr:1 net:1 |@word shr:2 profit:3 two:1 ct:4 vs:6 loss:6 58:1 net:4 18:1 2:2 mln:8 23:1 9:1 revs:2 355:1 6:1 308:1 nine:3 mth:3 81:1 5:1 52:1 dlrs:2 10:1 7:2 290:1 3:2 1:1 01:1 billion:1 983:1 note:1 income:2 per:2 share:2 deduction:1 mandatory:1 preferred:2 stock:2 dividend:1 chemical:2 operation:2 attributable:1 common:1 stockholder:1 1987:1 qtr:1 include:2 gain:1 eight:1 partial:1 redemption:1 series:1 pay:1 earning:1 1986:1 247:1 write:1 petroleum:1 service:1 asset:1 restructuring:1 cost:1 | NL INDUSTRIES INC <NL> 3RD QTR NET
Shr profit two cts vs loss 58 cts
Net profit 18.2 mln vs loss 23.9 mln
Revs 355.6 mln vs 308.2 mln
Nine mths
Shr loss 81 cts vs loss 5.52 dlrs
Net profit 10.7 mln vs loss 290.3 mln
Revs 1.01 billion vs 983.3 mln
NOTE: Net income per share is after deductions for
mandatory preferred stock dividends and income from the
chemical operations not attributable to common stockholders.
1987 qtr and nine mths includes gain of eight cts per share
for the partial redemption of series a preferred stock which
will be paid from the net earnings of the chemicals operations.
1986 nine mths includes loss 247.7 mln dlrs from write-down of
petroleum service assets and other restructuring costs.
|
test/20692 | test/20692 |@title amoco:2 raise:2 crude:2 posting:2 50:2 ct:2 today:2 wti:2 19:2 00:2 dlrs:2 |@word | AMOCO RAISES MOST CRUDE POSTINGS 50 CTS TODAY, WTI TO 19.00 DLRS
AMOCO RAISES MOST CRUDE POSTINGS 50 CTS TODAY, WTI TO 19.00 DLRS
|
test/20693 | test/20693 |@title pan:1 pn:1 sets:1 pacific:1 satellite:1 stake:1 sale:1 |@word johnson:5 geneva:4 u:1 say:3 agree:1 buy:2 pan:3 corp:2 50:1 pct:1 hold:1 joint:1 venture:1 company:3 pacific:1 satellite:2 undisclosed:1 term:1 divest:1 owership:1 project:1 part:1 corporate:1 restructuring:1 plan:1 continue:1 provide:2 engineering:1 service:1 contract:1 basis:1 accomplish:1 onpraise:2 ltd:1 hong:1 kong:1 control:1 chairman:1 michael:1 fund:1 increase:1 working:1 caput:1 | PAN AM <PN> SETS PACIFIC SATELLITE STAKE SALE
<Johnson Geneva U.S.A.> said it has
agreed to buy Pan Am Corp's 50 pct holding in their joint
venture company, Pan Am Pacific Satellite Corp, for undisclosed
terms.
Johnson Geneva said Pan Am divested owership in the project
as part of a corporate restructuring plan, but will continue to
provide engineering services on a contract basis.
Johnson Geneva said the buy out was accomplished through
<Onpraise Ltd>, a Hong Kong company controlled by Johnson
Geneva Chairman Michael Johnson. Funds have been provided by
Onpraise to increase the satellite company's working capita.
|
test/20695 | test/20695 |@title ifr:1 systems:1 inc:1 ifrs:1 1st:1 qtr:1 sept:1 30:1 net:1 |@word shr:1 24:1 ct:2 vs:3 13:1 net:1 1:1 506:1 000:4 824:1 sale:1 9:1 045:1 7:1 845:1 | IFR SYSTEMS INC <IFRS.O> 1ST QTR SEPT 30 NET
Shr 24 cts vs 13 cts
Net 1,506,000 vs 824,000
Sales 9,045,000 vs 7,845,000
|
test/20698 | test/20698 |@title telex:1 tc:1 adopt:1 shareholder:1 right:1 plan:1 |@word telex:1 corp:1 say:6 board:2 adopt:1 shareholder:3 right:6 plan:3 allow:1 purchase:2 one:3 common:2 share:4 two:1 dlrs:3 hostile:1 group:4 acquire:3 15:2 pct:2 company:6 however:1 trigger:1 pursuant:1 65:2 tender:2 offer:2 commence:1 october:2 9:1 unit:1 tlx:1 partner:1 control:1 new:1 york:1 financier:1 asher:1 edelman:2 distribute:1 basis:1 30:1 may:1 redeem:1 become:4 exercisable:4 five:1 cent:1 per:2 expire:1 later:1 february:1 17:1 next:1 year:1 60:1 day:1 date:1 intend:1 protect:1 stockholder:2 attempt:1 take:1 unfair:1 advantage:1 recent:1 decline:1 stock:2 price:1 use:1 abusive:1 tactic:1 market:1 accumulation:1 would:2 interfere:1 ability:1 maximize:1 value:1 person:1 cash:1 outstanding:1 also:1 agreement:1 make:1 spokeswoman:1 tell:1 reuters:1 official:1 response:1 bid:1 friday:1 oct:1 23:1 | TELEX <TC> ADOPTS SHAREHOLDER RIGHTS PLAN
Telex Corp said its board adopted a
shareholder rights plan which will allow shareholders to
purchase one common share for two dlrs if a hostile group
acquires 15 pct or more of the company.
However, the company said the plan will not be triggered by
purchases pursuant to the 65 dlrs a share tender offer
commenced on October 9 by a unit of TLX Partners, a group
controlled by New York financier Asher Edelman.
It said the rights will be distributed on a one for one
basis to all shareholders as of October 30 and may be redeemed
before they become exercisable at five cents per right.
The company said the rights will expire on the later of
February 17 next year or 60 days from the date they become
exercisable. It said the plan was intended to protect
stockholders against any attempt to take unfair advantage of
the recent decline in stock prices or to use abusive tactics
such as market accumulations which would interfere with its
ability to maximize stockholder value.
The rights become exercisable if any person or group
acquires 15 pct or more of the company's common stock other
than through an all cash tender offer for all outstanding
shares at 65 dlrs per share.
It said the rights will also not become exercisable if the
company is acquired by a group under an agreement made with its
board.
A spokeswoman told Reuters the company would have an
official response to Edelman's bid by Friday, Oct 23.
|
test/20699 | test/20699 |@title sphinx:1 mining:1 spnxf:1 find:1 gold:1 |@word sphinx:2 mining:2 inc:1 say:3 lease:1 claim:2 alaska:1 could:1 produce:1 revenue:1 322:1 mln:2 dlrs:2 966:1 gold:1 reserve:2 range:2 value:1 attribute:1 wide:1 grade:3 estimate:1 ore:1 company:1 1984:1 feasibility:1 study:1 put:1 0:2 008:1 ounce:2 per:1 cubic:1 yard:2 subsequent:1 exploration:1 work:1 prove:1 area:1 high:1 gravel:1 027:1 exist:1 locate:1 80:1 mile:1 northwest:1 fairbanks:1 | SPHINX MINING <SPNXF.O> FINDS GOLD
Sphinx Mining Inc said leased
mining claims in Alaska could produce revenues between 322 mln
dlrs and 966 mln dlrs from gold reserves.
The range of the value of the reserves is attributed to the
wide range of grade estimates of the ore, the company said.
A 1984 feasibility study put the grade at 0.008 ounces per
cubic yard, while subsequent exploration work proved that areas
of higher-grade gravel of up to 0.027 ounces/yard do exist,
Sphinx said.
The claims are located 80 miles northwest of Fairbanks.
|
test/20706 | test/20706 |@title alcan:1 aluminium:1 ltd:1 al:1 3rd:1 qtr:1 net:1 |@word shr:3 72:1 ct:2 vs:9 36:1 net:5 122:1 mln:10 62:1 revs:2 1:4 73:1 billion:4 49:1 avg:1 shrs:2 157:1 7:1 149:1 8:1 nine:4 mth:4 71:1 dlrs:2 28:1 297:1 216:1 4:2 98:1 55:1 note:1 current:1 qtr:2 include:3 non:2 operating:2 cost:2 12:2 income:2 10:1 1986:3 1987:3 84:1 prior:1 year:1 earning:1 per:1 average:1 number:1 outstanding:1 restate:1 reflect:1 3:1 2:1 split:1 become:1 effective:1 may:1 5:1 purpose:1 comparability:1 follow:1 reorganization:1 july:1 figure:1 report:1 preferred:1 dividend:1 | ALCAN ALUMINIUM LTD <AL.TO> 3RD QTR NET
Shr 72 cts vs 36 cts
Net 122 mln vs 62 mln
Revs 1.73 billion vs 1.49 billion
Avg shrs 157.7 mln vs 149.8 mln
Nine mths
Shr 1.71 dlrs vs 1.28 dlrs
Net 297 mln vs 216 mln
Revs 4.98 billion vs 4.55 billion
NOTE: Net for current qtr included non-operating costs of
12 mln vs income of 10 mln in qtr 1986.
Net in nine mths included non operating costs of 12 mln in
nine mths 1987 vs income of 84 mln in nine mths 1986.
Prior year's earnings per shr and average number of shrs
outstanding have been restated to reflect a 3-for-2 split which
became effective May 5, 1987.
For purposes of comparability, following the reorganization
of July 1987, net figures including those for 1986, are
reported before preferred dividends.
|
test/20708 | test/20708 |@title john:1 hanson:1 savings:1 jhsl:1 1st:1 qtr:1 net:1 |@word sept:1 30:1 end:1 shr:1 profit:2 15:2 ct:2 vs:3 loss:2 six:1 net:1 901:1 000:2 368:1 asset:1 1:1 billion:1 773:1 8:1 mln:1 | JOHN HANSON SAVINGS <JHSL.O> 1ST QTR NET
Sept 30 end
Shr profit 15 cts vs loss six cts
Net profit 901,000 vs loss 368,000
Assets 1.15 billion vs 773.8 mln
|
test/20709 | test/20709 |@title amoco:1 raise:1 crude:1 price:1 |@word amoco:2 corp:1 say:3 raise:2 contract:1 price:1 pay:1 grade:3 crude:2 oil:3 50:2 ct:2 barrel:3 effective:1 today:1 company:2 increase:2 bring:1 posting:2 west:2 texas:2 intermediate:1 19:2 00:1 dlrs:3 sour:1 34:1 degree:1 api:1 18:1 10:1 light:1 louisiana:1 sweet:2 also:1 35:1 wyome:1 southwest:1 colorado:1 western:1 two:1 utah:1 black:1 wax:2 yellow:1 unchanged:1 last:1 change:1 september:1 28:1 | AMOCO <AN> RAISES CRUDE PRICES
Amoco Corp said it raised the contract
price it will pay for most grades of crude oil by 50 cts a
barrel, effective today.
The company said the increase brings its posting for West
Texas Intermediate to 19.00 dlrs a barrel. West Texas Sour, at
34 degrees API, was raised to 18.10 dlrs. The Light Louisiana
Sweet grade was also increased 50 cts to 19.35 dlrs a barrel.
Amoco said Wyoming Southwest Sweet, Colorado Western, and
two Utah grades of oil, Black wax and yellow wax, were
unchanged. The company last changed its crude oil postings on
September 28.
|
test/20710 | test/20710 |@title olin:1 oln:1 du:1 pont:1 dd:1 complete:1 plant:1 |@word olin:1 corp:1 say:3 construction:1 complete:1 150:1 mln:1 dlrs:1 chlor:1 alkali:1 plant:3 jointly:1 ei:1 du:2 pont:2 de:1 nemours:1 co:1 company:2 locate:1 niagara:1 fall:1 new:1 york:1 begin:1 operation:1 december:1 660:1 ton:1 per:1 day:1 capacity:1 operate:1 | OLIN <OLN>, DU PONT <DD> COMPLETE PLANT
Olin Corp said construction was
completed on a 150 mln dlrs chlor/alkali plant it owns jointly
with EI du Pont de Nemours Co.
The company said the plant, which is located in Niagara
Falls, New York, will begin operations in December.
The plant, which has a 660-ton per day capacity, will be
operated by du Pont, the company said.
|
test/20711 | test/20711 |@title minnetonka:1 corp:1 minl:1 3rd:1 qtr:1 net:1 |@word period:1 end:1 sept:1 26:1 shr:2 31:1 ct:4 vs:6 24:1 net:2 5:2 449:1 000:4 4:1 083:1 sale:2 60:1 3:2 mln:4 51:1 9:1 39:1 week:1 47:1 30:1 8:1 249:1 147:1 145:1 0:1 108:1 | MINNETONKA CORP <MINL.O> 3RD QTR NET
Periods end Sept 26
Shr 31 cts vs 24 cts
Net 5,449,000 vs 4,083,000
Sales 60.3 mln vs 51.9 mln
39 weeks
Shr 47 cts vs 30 cts
Net 8,249,000 vs 5,147,000
Sales 145.0 mln vs 108.3 mln
|
test/20712 | test/20712 |@title electronic:1 tele:1 communications:1 3rd:1 qtr:1 loss:1 |@word shr:4 class:4 loss:4 three:2 ct:8 vs:8 profit:8 12:1 b:2 seven:1 eight:1 net:2 94:1 862:1 264:1 607:1 sale:2 653:1 246:1 1:1 300:1 515:1 nine:1 mth:1 five:1 44:1 36:1 64:1 248:1 975:1 329:1 2:1 291:1 925:1 4:1 235:1 914:1 note:1 full:1 name:1 electronic:1 tele:1 communications:1 inc:1 etcia:1 | ELECTRONIC TELE-COMMUNICATIONS 3RD QTR LOSS
Shr Class A loss three cts vs profit 12 cts
Shr Class B loss seven cts vs profit eight cts
Net loss 94,862 vs profit 264,607
Sales 653,246 vs 1,300,515
Nine mths
Shr Class A profit five cts vs profit 44 cts
Shr Class B loss three cts vs profit 36 cts
Net profit 64,248 vs profit 975,329
Sales 2,291,925 vs 4,235,914
NOTE: Full name is Electronic Tele-Communications Inc
<ETCIA.O>
|
test/20715 | test/20715 |@title schere:1 plough:1 corp:1 sdg:1 3rd:1 qtr:1 net:1 |@word shr:2 63:1 ct:2 vs:7 50:1 net:2 73:1 8:1 mln:8 62:1 3:1 sale:2 664:1 2:4 600:1 6:1 nine:1 mth:1 06:1 dlrs:2 1:3 67:1 241:1 205:1 9:1 04:1 billion:2 80:1 avg:1 shrs:1 117:1 123:1 4:1 | SCHERING-PLOUGH CORP <SDG> 3RD QTR NET
Shr 63 cts vs 50 cts
Net 73.8 mln vs 62.3 mln
Sales 664.2 mln vs 600.6 mln
Nine mths
Shr 2.06 dlrs vs 1.67 dlrs
Net 241.2 mln vs 205.9 mln
Sales 2.04 billion vs 1.80 billion
Avg shrs 117.1 mln vs 123.4 mln
|
test/20719 | test/20719 |@title saudi:1 role:1 gulf:1 praise:1 u:1 official:1 |@word saudi:2 arabian:1 crown:1 prince:3 abdullah:1 bin:1 abdul:1 aziz:1 thank:1 reagan:1 administration:1 country:1 close:1 closed:1 mouthed:1 cooperation:1 washington:2 gulf:2 senior:2 u:5 official:5 say:5 saudis:3 cooperative:1 would:2 nice:1 go:1 public:1 real:1 estate:1 ask:2 name:1 decline:1 describe:1 sort:1 help:1 provide:1 reluctant:1 acknowledge:1 role:1 united:2 states:2 station:1 force:2 protect:1 shipping:1 lane:1 meet:1 vice:1 president:1 george:1 bush:1 monday:1 naval:1 attack:4 offshore:1 iranian:2 oil:1 platform:1 retaliation:1 ship:1 moor:1 kuwait:1 fly:1 flag:1 start:1 meeting:1 feel:1 visit:1 reply:1 believe:1 responsibility:1 superpower:1 remark:1 endorsement:1 | SAUDI ROLE IN GULF PRAISED BY U.S. OFFICIALS
Saudi Arabian Crown Prince Abdullah
bin Abdul Aziz was thanked by the Reagan administration for his
country's close, and closed-mouthed, cooperation with
Washington in the Gulf, a senior U.S. official said.
'The Saudis are being very cooperative. It would be nice if
the Saudis would go more public, but it's their real estate,'
said the official who asked not to be named.
He declined to describe what sort of help the Saudis were
providing, saying that Saudi officials are reluctant to
acknowledge their role in the Gulf where the United States has
stationed forces to protect shipping lanes.
The prince met Vice President George Bush on Monday after
U.S. naval forces attacked offshore Iranian oil platforms in
what Washington said was retaliation for an Iranian attack on a
ship moored off Kuwait and flying the U.S. flag.
Asked at the start of the meeting how he felt about the
attack, the prince, who is here on an official visit, replied,
'I believe what the United States has done is their
responsibility as a superpower.'
The senior U.S. official said his remark was an endorsement
of the U.S. attack.
|
test/20721 | test/20721 |@title texaco:1 tx:1 unit:1 raise:1 crude:1 oil:1 price:1 |@word texaco:2 inc:1 say:2 raise:2 contract:1 price:1 pay:1 grade:3 crude:2 oil:2 50:2 ct:2 barrel:3 effective:1 october:1 16:1 company:1 increase:1 bring:1 posting:2 u:1 benchmark:1 west:2 texas:2 intermediate:1 19:2 00:1 dlrs:2 sour:1 light:1 louisiana:1 sweet:1 also:1 18:1 10:1 35:1 respectively:1 last:1 change:1 september:1 15:1 | TEXACO <TX> UNIT RAISES CRUDE OIL PRICES
Texaco Inc said it raised the contract
price it will pay for most grades of crude oil by 50 cts a
barrel, effective October 16.
The company said the increase brings its posting for the
U.S. benchmark grade, West Texas Intermediate, to 19.00 dlrs a
barrel. The West Texas Sour and Light Louisiana Sweet grades
were also raised 50 cts to 18.10 and 19.35 dlrs a barrel,
respectively.
Texaco last changed its crude oil postings on September 15.
|
test/20723 | test/20723 |@title el:1 salvador:1 seek:1 pl:1 480:1 soymeal:1 corn:1 |@word el:1 salvador:1 tender:1 october:1 26:3 approximately:1 000:1 tonne:2 soybean:1 meal:1 value:2 5:3 6:1 mln:2 dlrs:2 24:1 500:1 bulk:1 corn:3 2:2 0:1 pl:1 480:1 finance:1 agent:2 country:2 say:3 seek:1 soymeal:2 48:1 pct:4 protein:1 minimum:1 12:1 moisture:2 maximum:3 3:1 crude:1 fiber:1 delivery:2 november:2 15:1 30:1 u:1 well:1 yellow:1 14:1 8:1 25:1 offer:1 due:1 1530:1 hrs:2 edt:2 1930:1 gmt:1 oct:1 remain:1 valid:1 1000:1 next:1 day:1 | EL SALVADOR SEEKING PL-480 SOYMEAL, CORN
El Salvador will tender October 26 for
approximately 26,000 tonnes soybean meal, valued at up to 5.6
mln dlrs, and about 24,500 tonnes bulk corn, with a value of
2.0 mln dlrs, under PL-480 financing, an agent for the country
said.
It said the country is seeking soymeal with 48 pct protein
minimum, 12 pct moisture maximum, and 3.5 pct maximum crude
fiber for delivery from November 15-30.
The U.S. no. 2 or better yellow corn, with 14.5 pct
moisture maximum, is for delivery from November 8-25.
Offers on the soymeal and corn are due at 1530 hrs EDT
(1930 gmt) Oct 26, and will remain valid until 1000 hrs EDT the
next day, the agent said.
|
test/20725 | test/20725 |@title chase:1 acquire:1 370:1 mln:1 dlr:1 revolving:1 credit:1 |@word chase:4 manhattan:2 bank:1 unit:1 corp:1 cmb:1 say:4 acquire:1 portfolio:2 190:1 000:1 consumer:2 revolve:1 credit:4 account:1 atlantic:1 financial:1 federal:1 atlf:1 value:1 370:1 mln:1 dlrs:2 company:3 acquisition:1 make:1 second:1 large:1 issuer:1 card:1 unsecured:1 loan:1 outstanding:1 exceed:1 5:1 6:1 billion:1 access:1 check:1 similar:1 advantage:1 product:1 | CHASE ACQUIRES 370 MLN DLR REVOLVING CREDIT
The Chase Manhattan Bank, a unit of The
Chase Manhattan Corp <CMB>, said it acquired a portfolio of
about 190,000 consumer revolving credit accounts from Atlantic
Financial Federal <ATLF.O> valued at 370 mln dlrs.
The company said the acquisition makes Chase the second
largest issuer of credit card and other unsecured consumer
credit loans.
Outstandings now exceed 5.6 billion dlrs, the company said.
The company said the portfolio, accessed by checks, is
similar to Chase's Advantage Credit product.
|
test/20728 | test/20728 |@title republic:1 american:1 corp:1 rawc:1 3rd:1 qtr:1 net:1 |@word shr:2 36:1 ct:2 vs:8 35:1 net:4 7:1 100:1 000:7 8:3 premium:2 61:1 2:1 mln:6 58:1 0:1 avg:2 shrs:2 19:1 950:1 22:1 760:1 nine:1 mth:1 1:2 03:1 dlrs:2 81:1 21:1 3:2 37:1 176:1 141:1 20:2 682:1 920:1 | REPUBLIC AMERICAN CORP <RAWC.O> 3RD QTR NET
Shr 36 cts vs 35 cts
Net 7,100,000 vs 8,000,000
Net Premiums 61.2 mln vs 58.0 mln
Avg shrs 19,950,000 vs 22,760,000
Nine mths
Shr 1.03 dlrs vs 1.81 dlrs
Net 21.3 mln vs 37.8 mln
Net Premiums 176.3 mln vs 141.8 mln
Avg shrs 20,682,000 vs 20,920,000
|
test/20730 | test/20730 |@title api:2 say:2 distillate:2 1:2 95:2 mln:6 barrel:2 gasoline:2 3:2 98:2 crude:2 2:2 42:2 |@word | API SAYS DISTILLATES OFF 1.95 MLN BARRELS, GASOLINE OFF 3.98 MLN, CRUDE UP 2.42 MLN
API SAYS DISTILLATES OFF 1.95 MLN BARRELS, GASOLINE OFF 3.98 MLN, CRUDE UP 2.42 MLN
|
test/20734 | test/20734 |@title reser:1 fine:1 foods:1 inc:1 go:1 private:1 |@word reser:2 fine:1 foods:1 inc:1 say:2 certain:1 director:1 officer:1 currently:2 represent:1 85:1 pct:2 company:2 stock:2 plan:2 take:1 private:1 cash:1 buyout:1 group:1 offer:1 12:1 50:1 dlrs:1 per:1 share:1 15:1 outstanding:1 | <RESER'S FINE FOODS INC> TO GO PRIVATE
Reser's Fine Foods Inc said
certain directors and officers, who currently represent about
85 pct of the company's stock, plan to take Reser's private
through a cash buyout.
The company said the group plans to offer 12.50 dlrs per
share for the 15 pct of its stock currently outstanding.
|
test/20735 | test/20735 |@title laclede:1 steel:1 co:1 lcld:1 3rd:1 qtr:1 net:1 |@word shr:2 32:1 ct:3 vs:6 40:1 net:2 882:1 000:4 1:4 109:1 sale:2 66:1 mln:4 60:1 3:2 nine:1 mth:1 13:1 dlrs:1 90:1 065:1 2:1 446:1 198:1 178:1 5:1 | LACLEDE STEEL CO <LCLD.O> 3RD QTR NET
Shr 32 cts vs 40 cts
Net 882,000 vs 1,109,000
Sales 66.1 mln vs 60.3 mln
Nine mths
Shr 1.13 dlrs vs 90 cts
Net 3,065,000 vs 2,446,000
Sales 198.1 mln vs 178.5 mln
|
test/20736 | test/20736 |@title redlake:1 corp:1 2nd:1 qtr:1 sept:1 30:1 net:1 |@word shr:2 profit:4 five:2 ct:4 vs:6 loss:4 nine:1 net:2 21:1 045:1 34:1 238:1 revs:2 1:1 156:1 775:1 963:1 890:1 six:1 mth:1 12:1 48:1 711:1 18:1 300:1 2:2 124:1 157:1 009:1 956:1 | <REDLAKE CORP> 2ND QTR SEPT 30 NET
Shr profit five cts vs loss nine cts
Net profit 21,045 vs loss 34,238
Revs 1,156,775 vs 963,890
Six Mths
Shr profit 12 cts vs loss five cts
Net profit 48,711 vs loss 18,300
Revs 2,124,157 vs 2,009,956
|
test/20738 | test/20738 |@title algeria:1 tender:1 balance:1 eep:1 wheat:1 trade:1 |@word algeria:2 tender:2 tonight:1 225:1 000:2 tonne:3 hard:1 red:1 winter:1 wheat:2 94:1 00:1 dlrs:1 per:1 c:1 f:1 balance:1 original:1 export:1 bonus:1 program:1 u:1 exporter:1 say:2 buy:1 75:1 november:1 early:1 december:1 shipmet:1 bid:2 usda:1 reject:1 later:1 shipment:1 source:1 | ALGERIA TENDERING FOR BALANCE EEP WHEAT - TRADE
Algeria is tendering tonight for
225,000 tonnes of hard red winter wheat at 94.00 dlrs per
tonne, c and f, the balance of its original tender under the
export bonus program, U.S. exporters said.
Algeria bought 75,000 tonnes for November and early
December shipmet at that bid, but USDA rejected the bid on
wheat for later shipments, the sources said.
|
test/20744 | test/20744 |@title bank:1 new:1 york:1 reaffirm:1 term:1 irving:1 v:1 |@word bank:16 new:8 york:8 corp:2 bk:1 say:15 reaffirm:1 term:1 offer:10 irving:11 despite:1 drop:7 share:13 price:7 30:1 1:2 8:1 spokesman:2 still:1 stand:1 change:1 would:5 comment:1 market:3 affect:2 position:1 bid:2 whether:1 buy:2 back:1 earlier:1 month:1 reject:1 inadequate:1 want:1 retain:2 independence:1 late:1 september:1 80:3 dlrs:6 per:4 cash:2 47:1 4:1 pct:2 remain:1 52:1 6:1 exchange:1 9:1 one:2 time:1 stock:5 purchase:1 portion:2 worth:2 close:1 53:1 net:1 68:1 analyst:7 accord:1 prospectus:1 shareholder:4 may:1 tender:1 first:2 come:1 serve:1 basis:1 mixed:1 acquisition:3 get:2 approve:1 hope:1 win:3 go:4 mark:1 alpert:4 banking:2 bear:1 stearns:1 cos:1 inc:1 deal:2 transaction:1 look:2 highly:1 unlikely:1 complete:1 present:1 low:2 another:3 also:1 doubt:1 could:1 afford:1 original:1 however:1 industry:2 source:1 uncertain:1 prospect:1 good:1 michael:1 flore:2 consultant:1 earning:1 international:1 consulting:1 firm:1 44:1 26:1 dlr:1 beginning:1 last:1 week:1 increase:1 chance:1 succeed:1 likely:2 depress:1 level:1 merger:1 takeover:1 less:1 use:1 make:1 depressed:1 since:1 possible:1 acquiror:2 foreign:1 clobber:1 acquirees:1 | BANK OF NEW YORK REAFFIRMS TERMS FOR IRVING <V>
The Bank of New York Corp <BK> said it
reaffirmed the terms of its offer for Irving Bank Corp despite
the drop in the Bank of New York's share price to 30-1/8, a
Bank of New York spokesman said.
'The offer still stands, we have not changed our offer,' a
Bank of New York spokesman said.
Irving would not comment on how the drop in the market
affects its position on the bid or whether it would buy back
any of its own shares.
Earlier this month, Irving rejected the bid as inadequate
and said it wanted to retain its independence.
In late September, Bank of New York offered 80 dlrs per
share in cash for 47.4 pct of Irving. For the remaining 52.6
pct, it offered an exchange of 1.9 shares of its shares for one
Irving share.
At that time, the stock purchase portion was worth close to
80 dlrs per share, but now that portion is worth 53 dlrs per
share for a net price of 68 dlrs, one analyst said.
According to the prospectus offer, shareholders may tender
for all cash or all shares on a first come, first serve basis.
Analysts were mixed about how the stock price drop would
affect the acquisition.
'If it gets to the Irving shareholders, they would approve
it, but Irving hopes the offer won't go to the shareholders,'
said Mark Alpert, banking analyst with Bear Stearns Cos Inc.
'And the market is saying the deal won't go through,'
Alpert said.
'The transaction looks highly unlikely to be completed at
present. If Irving wouldn't go with the offer at 80 dlrs a
share, then they won't go at a lower price,' another analyst
said.
The analyst also doubted that Bank of New York could afford
to retain its original offer.
However, industry sources were more uncertain about
prospects for the deal.
'With Irving's price so low, Bank of New York's offer will
look good to Irving shareholders,' said Michael Flores, a
consultant at Bank Earnings International, a consulting firm.
The drop of Irving's share to 44 dlrs per share, which is
about a 26 dlr drop from the beginning of last week, increases
the chance that Bank of New York will succeed, Flores said.
Analysts said that the drop in bank stock prices is likely
to depress the level of mergers and acquisition in the banking
industry.
'Bank takeovers are less likely because banks can't use
their own stock to make acquisitions because their share price
is too depressed,' Alpert said.
Since only banks can buy another bank, the only other
possible acquirors would be a foreign bank, Alpert said.
'In the market drop the stock of acquirors got clobbered
more than the acquirees,' another analyst said.
|
test/20746 | test/20746 |@title kollmorgen:1 corp:1 kol:1 3rd:1 qtr:1 net:1 |@word shr:2 profit:2 15:1 ct:5 vs:6 loss:7 40:1 net:2 1:1 538:1 000:5 4:2 088:1 revs:2 70:1 6:1 mln:4 73:1 2:1 nine:2 mth:2 eight:1 57:1 832:1 5:1 821:1 217:1 0:1 248:1 note:1 1987:1 qtr:1 include:1 gain:1 265:1 dlrs:1 three:1 per:1 share:1 utilization:1 tax:1 carryforward:1 | KOLLMORGEN CORP <KOL> 3RD QTR NET
Shr profit 15 cts vs loss 40 cts
Net profit 1,538,000 vs loss 4,088,000
Revs 70.6 mln vs 73.2 mln
Nine mths
Shr loss eight cts vs loss 57 cts
Net loss 832,000 vs loss 5,821,000
Revs 217.0 mln vs 248.4 mln
NOTE: 1987 qtr and nine mths includes gain 265,000 dlrs, or
three cts per share, from utilization of tax loss carryforward.
|
test/20747 | test/20747 |@title farm:1 fresh:1 inc:1 ffsh:1 3rd:1 qtr:1 net:1 |@word shr:2 one:1 ct:4 vs:6 20:1 net:2 122:1 556:2 2:2 627:1 205:1 revs:2 192:1 mln:4 193:1 3:3 nine:1 mth:1 27:1 56:1 424:1 7:1 531:1 664:1 560:1 6:1 542:1 | FARM FRESH INC <FFSH.O> 3RD QTR NET
Shr one cts vs 20 cts
Net 122,556 vs 2,627,205
Revs 192.2 mln vs 193.3 mln
Nine mths
Shr 27 cts vs 56 cts
Net 3,556,424 vs 7,531,664
Revs 560.6 mln vs 542.3 mln
|
test/20753 | test/20753 |@title first:1 republicbank:1 frb:1 n:1 corp:1 3rd:1 qtr:1 loss:1 |@word shr:2 diluted:1 loss:5 46:1 ct:1 net:2 6:1 300:1 000:2 nine:2 mth:2 dilute:1 10:1 89:1 dlrs:2 309:1 100:1 note:1 comparison:1 company:1 form:1 june:1 1987:1 merger:1 republicbank:1 corp:2 interfirst:1 include:1 previously:1 report:1 provision:1 325:1 mln:1 second:1 quarter:1 possible:1 ldc:1 loan:1 | FIRST REPUBLICBANK <FRB.N> CORP 3RD QTR LOSS
shr diluted loss 46 cts
net loss 6,300,000
nine mths
shr diluted loss 10.89 dlrs
net loss 309,100,000
NOTE: No comparisons because company was formed in June
1987 through merger of RepublicBank Corp and Interfirst Corp.
Nine mths includes previously reported provision of 325 mln
dlrs in second quarter for possible losses on ldc loans.
|
test/20754 | test/20754 |@title dart:2 group:2 say:2 solicit:2 proxy:2 attempt:2 acquire:2 dayton:2 hudson:2 |@word | DART GROUP SAID IT WILL NOT SOLICIT PROXIES OR ATTEMPT TO ACQUIRE DAYTON HUDSON
DART GROUP SAID IT WILL NOT SOLICIT PROXIES OR ATTEMPT TO ACQUIRE DAYTON HUDSON
|
test/20755 | test/20755 |@title dart:2 say:2 sell:4 1:2 4:2 mln:2 dayton:2 hudson:2 share:2 expect:2 rest:2 hold:2 |@word | DART SAID IT SOLD 1.4 MLN DAYTON HUDSON SHARES, EXPECTS TO SELL REST OF HOLDING
DART SAID IT SOLD 1.4 MLN DAYTON HUDSON SHARES, EXPECTS TO SELL REST OF HOLDING
|
test/20756 | test/20756 |@title us:1 diplomatic:1 mission:1 high:1 alert:1 gulf:1 |@word state:3 department:4 say:4 many:2 u:4 diplomatic:1 mission:2 overseas:1 high:2 alert:2 possible:1 retaliation:1 iran:3 monday:1 attack:2 two:1 iranian:1 oil:2 platform:2 american:3 force:2 gulf:2 time:1 pentagon:1 announce:2 tuesday:1 begin:1 escort:1 another:1 kuwaiti:1 tanker:1 convoy:1 southward:1 kuwait:1 renew:1 warning:2 americans:3 travel:1 spokeswoman:1 phyllis:1 oakley:2 call:1 virulent:1 anti:1 policy:1 support:1 terrorism:1 threat:1 increase:1 significantly:1 reiterate:1 advice:1 last:1 make:1 january:1 2:1 600:1 citizen:1 live:2 overwhelming:1 majority:1 dual:1 nationalities:1 specific:1 issue:1 diplomat:1 abroad:1 aftermath:1 drilling:1 | US DIPLOMATIC MISSIONS ON HIGH ALERT OVER GULF
The State Department says many U.S.
diplomatic missions overseas are on high alert for possible
retaliation from Iran for Monday's attack on two Iranian oil
platforms by American forces in the Gulf.
At the same time, the Pentagon announced on Tuesday that
U.S. forces have begun escorting another Kuwaiti tanker convoy
southward through the Gulf from Kuwait.
The State Department renewed its warning to Americans not
to travel to Iran because of what spokeswoman Phyllis Oakley
called, 'its virulent anti-American policies and support for
terrorism.'
'The threat to Americans has increased significantly,' she
said in announcing that the department was reiterating advice
it last made in January. The department said about 2,600
American citizens live in Iran, the overwhelming majority dual
nationalities.
Oakley said no specific warning has been issued to U.S.
diplomats and Americans living abroad in the aftermath of the
U.S. attack on the oil drilling platforms, but 'many of our
missions are on a high state of alert.'
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test/20757 | test/20757 |@title brazil:1 sept:1 trade:1 surplus:1 high:1 year:1 |@word brazil:1 september:5 trade:3 surplus:5 good:3 far:1 year:4 total:1 1:4 494:1 billion:11 dlrs:17 compare:2 434:1 august:4 540:1 mln:7 last:1 banco:1 brasil:1 foreign:1 department:1 cacex:2 director:2 namir:1 salek:3 say:4 news:1 conference:1 export:5 2:4 694:1 slightly:1 76:1 import:2 amount:1 32:1 accumulate:1 jan:2 sept:2 period:4 7:1 857:1 8:1 667:1 similar:2 1986:3 coffee:1 account:2 320:1 222:1 212:1 expect:1 country:1 average:1 800:1 remain:1 three:1 month:1 estimate:1 overall:1 reach:1 10:1 25:1 6:1 worth:1 15:1 4:1 attribute:1 manufactured:1 semimanufacture:1 mention:1 car:1 alone:1 sale:1 617:1 194:1 | BRAZIL'S SEPT TRADE SURPLUS HIGHEST OF THE YEAR
Brazil's September trade surplus
was the best so far this year, totalling 1.494 billion dlrs,
compared with 1.434 billion dlrs in August and 540 mln dlrs in
September last year, Banco do Brasil's Foreign Trade Department
(Cacex) director Namir Salek said in a news conference.
September exports were 2.694 billion dlrs, slightly down
from 2.76 billion dlrs in August. Imports in September amounted
to 1.2 billion dlrs, against 1.32 billion dlrs in August.
Salek said the accumulated surplus in the Jan-Sept period
was 7.857 billion dlrs, compared with 8.667 billion dlrs in a
similar 1986 period.
Coffee accounted with 320 mln dlrs of exports, up from 222
mln dlrs in August and 212 mln in September 1986, Salek said.
The Cacex director said he expected the country's trade
surplus to average 800 mln dlrs in the remaining three months
of the year, estimating the year's overall surplus to reach
10.2 billion dlrs, from 25.6 billion dlrs worth of exports and
15.4 billion dlrs of imports.
He attributed the good surplus on exports of manufactured
and semimanufactured goods. He mentioned car exports, which
accounted alone with sales of 617 mln dlrs in the Jan-Sept
period, against 194 mln dlrs in a similar 1986 period.
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test/20759 | test/20759 |@title reagan:2 say:2 room:2 decline:2 interest:2 rate:2 |@word | REAGAN SAYS THERE IS ROOM FOR FURTHER DECLINES IN INTEREST RATES
REAGAN SAYS THERE IS ROOM FOR FURTHER DECLINES IN INTEREST RATES
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test/20763 | test/20763 |@title canada:1 panel:1 advise:1 cut:1 u:1 corn:1 duty:1 |@word canadian:4 import:2 tribunal:2 say:2 countervail:1 duty:4 u:2 corn:2 cut:1 30:1 ct:1 bushel:2 1:1 10:1 dlrs:1 report:1 finance:1 department:2 hurt:1 farmer:1 food:1 processor:1 impose:1 last:1 year:1 revenue:1 find:1 production:1 subsidize:1 government:1 decide:1 whether:1 change:1 | CANADA PANEL ADVISES CUTTING U.S. CORN DUTY
The Canadian Import Tribunal said the
countervailing duty on U.S. corn imports should be cut to 30
Canadian cts a bushel from 1.10 dlrs a bushel.
In a report to the Canadian finance department, the
tribunal said the duty is hurting Canadian farmers and food
processors. The duty was imposed last year after the revenue
department found U.S. corn production was subsidized.
It is now up to the government to decide whether to change
the duty.
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test/20764 | test/20764 |@title treasury:1 baker:1 fire:1 wall:1 street:1 drop:1 |@word official:3 washington:3 seek:1 restore:1 investor:2 confidence:1 monday:4 wall:5 street:5 collapse:2 treasury:5 secretary:4 james:1 baker:11 come:1 fire:1 critic:1 claim:1 help:2 precipitate:1 crisis:3 weekend:2 blast:1 west:5 german:4 bundesbank:2 boost:2 interest:4 rate:5 seem:3 signal:1 unraveling:1 international:3 accord:2 stabilize:1 currency:2 value:2 nigel:1 lawson:2 british:1 chancellor:1 exchequer:1 among:1 say:10 statement:2 spur:1 wave:1 stock:3 sale:1 make:4 already:3 jittery:1 think:5 clash:1 two:1 major:1 economic:5 power:1 would:2 damage:1 world:1 economy:5 tell:1 london:1 television:2 interviewer:1 tuesday:2 scale:1 fall:2 great:1 partly:1 due:1 senior:1 figure:1 side:1 atlantic:1 dispute:1 never:1 happen:1 add:1 although:1 appear:1 patch:1 rift:1 hastily:1 call:1 meeting:1 still:2 face:2 storm:1 criticism:1 return:3 united:1 states:1 cut:1 short:1 long:1 plan:1 trip:1 scandinavia:1 deal:1 one:2 u:6 analyst:3 remark:1 timing:1 could:2 bad:1 government:3 bond:1 salesman:1 new:2 york:2 actually:1 yell:1 germans:1 threaten:1 smack:1 dollar:1 work:1 show:1 much:2 understanding:1 monetary:1 gamesmanship:1 however:1 germany:1 stubborn:1 march:1 toward:1 high:1 may:5 force:1 hand:1 surface:1 look:1 responsible:2 go:1 back:1 see:1 cause:1 unsettling:1 financial:1 market:4 policy:1 robert:1 brusca:1 nikko:1 securities:1 mr:1 mention:1 obvious:1 public:1 little:1 like:1 kill:1 messenger:1 talk:1 clear:1 louvre:1 piece:1 together:1 paris:1 february:1 effect:2 fear:1 agreement:1 prelude:1 hyper:1 inflation:1 malaise:1 similar:1 late:2 1970:1 believe:1 crash:1 wipe:1 500:1 billion:1 dlrs:1 source:2 unhappy:1 bonn:1 refusal:1 stimulate:1 order:1 keep:1 global:3 recovery:2 move:1 anger:1 destine:1 opposite:1 feel:1 inch:1 along:1 59th:1 month:1 longer:1 engine:1 expansion:1 grow:1 serve:1 huge:1 debtor:1 country:2 export:1 moreover:1 consummate:1 politician:1 worried:1 republican:1 party:1 next:1 year:1 presidential:1 election:1 main:1 showpiece:1 vibrant:1 badly:1 tarnish:1 rise:1 worsen:1 debt:1 completely:1 choke:1 growth:1 slow:1 tepid:1 3:1 2:1 pct:1 annual:1 doubt:1 adverse:1 important:1 psychology:1 turn:1 around:1 quickly:1 else:1 obviously:1 panic:1 feed:1 eventually:1 serious:1 price:1 pay:1 economically:1 former:1 deputy:1 richard:1 darman:1 interview:1 many:1 way:1 response:1 mild:1 stun:1 sudden:1 retreat:2 president:1 reagan:1 speak:1 people:1 admit:1 puzzle:1 immediately:1 brief:1 development:1 presumably:1 political:1 impact:1 unlikely:1 status:1 diminish:1 ask:1 reporter:1 somebody:1 head:1 roll:1 texas:1 democratic:1 senator:1 lloyd:1 bentsen:1 irony:1 oh:1 administration:1 take:2 attitude:1 put:1 automatic:1 pilot:1 retire:1 living:1 room:1 nap:1 | TREASURY'S BAKER UNDER FIRE FOR WALL STREET DROP
As official Washington sought to
restore investor confidence after Monday's Wall Street
collapse, Treasury Secretary James Baker came under fire from
critics who claimed he helped to precipitate the crisis.
Baker's weekend blast at the West German Bundesbank for
boosting interest rates seemed to signal an unraveling of an
international accord to stabilize currency values.
Nigel Lawson, British Chancellor of the Exchequer, was
among those who said the treasury secretary's statements helped
spur a wave of stock sales by making already jittery investors
think that a clash between the two major economic powers would
damage the world economy.
Lawson told a London television interviewer Tuesday, 'I
think the scale of the (stock) fall was very great. That, I
think, was partly due to statements that have been made by
senior figures on the other side of the Atlantic.' It was a
dispute that should never have happened, he added.
Although Baker appeared to patch over the rift at a
hastily-called meeting with West German officials Monday, he
still faced a storm of criticism on his return to the United
States on Tuesday. Baker cut short a long-planned trip to
Scandinavia to return here to deal with the economic crisis.
Said one U.S. analyst of Baker's weekend remarks, 'His
timing could not have been worse.'
One government bond salesman in New York said, 'He actually
thought that yelling at the Germans, and threatening to smack
the dollar down would work. That doesn't show much
understanding of international monetary gamesmanship.'
However, some analysts said West Germany's stubborn march
toward higher interest rates may have forced Baker's hand.
'On the surface Baker may look responsible for this, but if
you go back to see what caused it (unsettling of financial
markets), it was West German policy,' said Robert Brusca of
Nikko Securities International in New York.
'All Mr. Baker did was to mention the obvious in public, so
making him responsible for it was a little like killing the
messenger,' he said.
After Monday's talks, the U.S. and West German governments
made it clear that the Louvre currency accord, pieced together
in Paris in February, was still in effect.
Wall Street feared that collapse of the agreement might be
a prelude to hyper-inflation and economic malaise similar to
the late 1970s. Analysts believe Monday's Wall Street crash
wiped out about 500 billion dlrs in stock values.
Treasury sources said that Baker, already unhappy about
Bonn's refusal to stimulate its economy in order to keep the
global recovery moving, was angered by a Bundesbank interest
rate boost that seemed destined to do just the opposite.
He felt that the U.S. recovery, inching along in its 59th
month, could no longer be the only engine of global economic
expansion. A growing U.S. economy has been serving as a huge
market for debtor country exports.
Moreover, Baker, the consummate politician, was worried
that the Republican party might face next year's presidential
election with its main showpiece -- a vibrant economy -- badly
tarnished.
A rise in global interest rates might worsen the debt
crisis and completely choke off U.S. economic growth that has
already slowed to a tepid 3.2 pct annual rate.
'There's no doubt that it can have an adverse effect on the
economy, and it's important that the psychology turn around
quickly, or else obviously the panic will feed on itself, and
eventually there'll be a serious price to pay economically,'
former deputy Treasury Secretary Richard Darman said in a
television interview.
In many ways, the official response was mild.
Washington was stunned by the sudden Wall Street retreat,
with President Reagan speaking for most people by admitting
that he was 'puzzled.'
U.S. government sources said the secretary immediately
returned to the Treasury to be briefed on market developments
and, presumably, their political impact.
For all of this, it seems unlikely that Baker's status in
Washington will diminish because of the market fall.
Asked by reporters if somebody's head should roll because
of the Wall Street retreat, Texas Democratic Senator Lloyd
Bentsen said with some irony, 'Oh, I think it's much too late to
be doing that...You have an administration that's taken the
attitude that we can put the country on automatic pilot and ---
retire to the living room to take a nap. You just can't do
that.'
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test/20766 | test/20766 |@title group:1 lift:1 airlease:1 fly:1 stake:1 15:1 1:1 pct:1 |@word group:3 firm:1 lead:1 ps:1 inc:1 psg:1 say:2 increase:1 stake:1 airlease:2 ltd:1 depositary:1 unit:4 represent:1 limited:1 partner:1 interest:1 700:1 400:2 15:2 1:1 pct:2 total:1 outstanding:1 previous:1 figure:1 approximately:1 651:1 000:1 14:1 filing:1 securities:1 exchange:1 commission:1 buy:1 49:1 july:1 16:1 andf:1 october:1 17:2 23:1 dlrs:2 60:1 share:1 reason:1 give:1 recent:1 purchase:1 | GROUP LIFTS AIRLEASE <FLY> STAKE TO 15.1 PCT
A group of firms led by PS Group Inc
<PSG> said it increased its stake in Airlease Ltd depositary
units representing limited partners interest to 700,400 units,
or 15.1 pct of the total outstanding, from a previous figure of
approximately 651,000 units, or 14 pct.
In a filing with the Securities and Exchange Commission,
the group said it bought 49,400 Airlease units between July 16
andf October 15 at 17.23 dlrs to 17.60 dlrs a share.
No reason was given for the recent purchases.
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test/20767 | test/20767 |@title continental:1 information:1 systems:1 corp:1 cny:1 2nd:1 |@word shr:2 22:1 ct:4 vs:6 24:1 net:2 2:2 794:1 000:4 993:1 rev:1 91:1 4:2 mln:4 66:1 six:1 mth:1 45:1 39:1 5:2 677:1 700:1 revs:1 174:1 6:1 132:1 8:1 note:1 2nd:1 qtr:1 end:1 august:1 31:1 per:1 share:1 amount:1 adjust:1 10:1 pct:1 stock:1 dividend:1 pay:1 june:1 two:1 1987:1 | CONTINENTAL INFORMATION SYSTEMS CORP <CNY> 2ND
Shr 22 cts vs 24 cts
Net 2,794,000 vs 2,993,000
Revs 91.4 mln vs 66.4 mln
Six mths
Shr 45 cts vs 39 cts
Net 5,677,000 vs 5,700,000
Revs 174.6 mln vs 132.8 mln
NOTE: 2nd qtr end August 31. Per share amounts adjusted for
10 pct stock dividend paid June two, 1987.
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test/20768 | test/20768 |@title tenera:1 ltd:1 tlpzz:1 3rd:1 qtr:1 net:1 |@word shr:2 25:2 ct:4 vs:6 26:1 net:2 2:2 200:1 000:6 100:1 rev:1 8:1 500:1 9:2 600:1 nine:1 mth:1 77:1 63:1 6:1 900:1 4:1 800:1 revs:1 27:1 million:2 3:1 | TENERA LTD <TLPZZ.O> 3RD QTR NET
Shr 25 cts vs 26 cts
Net 2,200,000 vs 2,100,000
Revs 8,500,000 vs 9,600,000
Nine mths
Shr 77 cts vs 63 cts
Net 6,900,000 vs 4,800,000
Revs 27.9 million vs 25.3 million
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test/20769 | test/20769 |@title reagan:1 see:1 room:1 interest:1 rate:1 decline:1 |@word president:1 reagan:6 say:6 pleased:2 action:2 bank:1 reduce:1 prime:1 lending:1 rate:4 today:1 see:1 room:2 decline:2 interest:3 believe:1 market:4 statement:2 leave:1 white:1 house:1 visit:1 wife:1 nancy:1 bethesda:1 naval:1 hospital:1 follow:1 meeting:1 top:1 economic:1 adviser:1 remain:1 concerned:1 take:1 federal:1 reserve:1 help:1 across:1 spectrum:1 specifically:1 bond:1 strong:1 foreign:1 exchange:1 stable:1 | REAGAN SEES ROOM FOR INTEREST RATE DECLINES
President Reagan said he was pleased
with the actions of some banks to reduce their prime lending
rates today and said he sees room for a further decline in
interest rates.
'I believe there is room in the market for a further decline
in interest rates,' Reagan said in a statement as he left the
White House to visit his wife Nancy at Bethesda Naval Hospital.
Reagan's statement followed a meeting with his top economic
advisers.
Reagan said he remains concerned about the market, but that
actions taken by the Federal Reserve have helped.
'Interest rates are down across the spectrum,' Reagan said.
'Specifically, I am pleased that the bond market is strong
and that foreign exchange markets are stable,' Reagan said.
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test/20770 | test/20770 |@title atlantic:1 american:1 corp:1 aame:1 3rd:1 qtr:1 net:1 |@word shr:2 profit:6 seven:1 ct:8 vs:6 loss:2 24:1 net:2 650:1 000:9 2:1 327:1 revs:2 34:1 3:2 mln:4 37:1 0:2 nine:4 mth:4 38:1 67:1 673:1 6:2 474:1 108:1 4:2 110:1 note:1 1987:1 qtr:3 include:3 gain:4 5:1 360:1 dlrs:4 55:1 per:5 share:5 339:1 65:1 respectively:2 realize:2 investment:2 1986:2 105:1 one:1 cent:1 342:1 three:1 charge:1 860:1 50:1 strengthen:1 reserve:1 casualty:1 claim:1 | ATLANTIC AMERICAN CORP <AAME.O> 3RD QTR NET
Shr profit seven cts vs loss 24 cts
Net profit 650,000 vs loss 2,327,000
Revs 34.3 mln vs 37.0 mln
Nine mths
Shr profit 38 cts vs profit 67 cts
Net profit 3,673,000 vs profit 6,474,000
Revs 108.4 mln vs 110.0 mln
NOTE: 1987 qtr and nine mths includes gain 5,360,000 dlrs,
or 55 cts per share, and 6,339,000 dlrs, or 65 cts per share,
respectively, from realized gains on investments.
1986 qtr and nine mths includes gain 105,000 dlrs, or one
cent per share, and 342,000 dlrs, or three cts per share,
respectively, from realized gains on investments.
1986 qtr and nine mths includes charge 4,860,000, or 50 cts
per share from strengthening reserve for casualty claims.
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test/20771 | test/20771 |@title trinity:1 industries:1 inc:1 trn:1 2nd:1 qtr:1 sept:1 30:1 |@word shr:2 six:2 ct:4 vs:7 17:3 net:2 1:5 064:1 000:4 2:3 676:1 revs:2 144:1 6:1 mln:8 129:1 4:2 avg:2 shrs:2 16:2 mth:1 13:1 25:1 167:1 029:1 248:1 0:1 249:1 | TRINITY INDUSTRIES INC <TRN> 2ND QTR SEPT 30
Shr six cts vs 17 cts
Net 1,064,000 vs 2,676,000
Revs 144.6 mln vs 129.4 mln
Avg shrs 17.1 mln 16.1 mln
Six mths
Shr 13 cts vs 25 cts
Net 2,167,000 vs 4,029,000
Revs 248.0 mln vs 249.2 mln
Avg shrs 17.1 mln vs 16.1 mln
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test/20773 | test/20773 |@title dart:1 group:1 drop:1 dayton:1 hudson:1 dh:1 takeover:1 bid:1 |@word dart:5 group:1 corp:2 darta:1 affiliate:1 madison:1 partners:1 say:6 give:1 current:2 market:4 condition:1 drop:1 takeover:2 bid:1 dayton:7 hudson:7 company:2 sell:3 1:4 4:3 mln:4 6:3 share:4 stock:3 intend:1 rest:1 level:1 would:1 suffer:1 70:1 dlr:1 aftertax:1 loss:1 hold:1 spokesman:2 solicit:1 authorization:1 call:1 meeting:1 shareholders:1 offer:2 buy:1 68:1 dlrs:2 per:1 value:1 minneapolis:1 base:1 retailer:1 billion:1 reject:1 follow:1 selloff:1 last:1 week:2 decline:1 close:1 27:1 2:3 today:2 holding:1 amount:1 five:1 pct:1 | DART GROUP DROPS DAYTON HUDSON <DH> TAKEOVER BID
Dart Group Corp <DARTA.O> affiliate
Madison Partners said that given current market conditions it
has dropped its takeover bid for Dayton Hudson Corp.
The company said it sold 1.4 mln of its 4.6 mln shares of
Dayton Hudson stock.
It said it intends to sell the rest of its Dayton Hudson
shares. At current market levels, it would suffer a 70 mln dlr
aftertax loss on its holding, a spokesman said.
Dart said it will not solicit authorization to call a
meeting of Dayton Hudson shareholders.
Dart had offered to buy Dayton Hudson for 68 dlrs per
share, valuing the Minneapolis based retailer at 6.6 billion
dlrs. That offer was rejected by the company.
Following the selloff in takeover stocks last week, and the
market's decline this week, Dayton Hudson stock closed at
27-1/2 today, off 2-1/2.
Dart's holdings amounted to just under five pct of Dayton
Hudson.
A Dart spokesman said the 1.4 mln shares were sold in the
market today.
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test/20774 | test/20774 |@title convoy:1 run:1 gulf:1 gauntlet:1 ship:1 stay:1 clear:1 |@word new:1 convoy:1 tanker:3 escort:2 american:1 warship:1 head:1 gulf:5 wednesday:1 towards:1 iranian:1 oil:1 platform:1 still:1 ooze:1 smoke:1 blast:1 u:6 navy:1 raider:1 sea:2 captain:2 report:1 steer:1 well:1 clear:1 iran:4 silkworm:2 missile:3 however:1 frontline:1 emirate:1 kuwait:1 redeploy:1 air:1 defence:1 counter:1 threat:2 think:1 predominant:1 feeling:1 scare:1 conflict:1 escalate:1 top:1 west:1 german:1 foreign:1 ministry:1 official:2 helmut:1 schaefer:1 tell:1 reporter:1 bahrain:1 tour:1 three:1 states:1 b:1 shipping:2 source:1 say:1 tuesday:2 night:1 least:1 six:1 voice:1 fear:1 would:2 avenge:1 monday:3 raid:1 unleash:1 ship:1 ply:1 belgium:1 decide:1 two:2 minesweeper:1 en:1 route:1 stay:1 time:1 follow:1 action:3 sign:1 prospect:1 tit:1 tat:1 assault:1 reduce:1 level:1 activity:1 area:1 vow:1 react:1 strongly:1 launch:1 barrage:1 ridicule:1 part:1 washington:1 warn:1 ready:1 hostile:1 pentagon:1 announce:1 guide:1 destroyer:1 begin:1 kuwaiti:1 fly:1 flag:1 southward:1 80:1 000:2 tonne:2 product:1 carrier:1 ocean:1 city:1 46:1 petroleum:1 gas:1 king:1 | CONVOY RUNS GULF GAUNTLET, OTHER SHIPS STAY CLEAR
A new convoy of tankers escorted by
American warships headed down the Gulf on Wednesday, towards
Iranian oil platforms still oozing smoke after having being
blasted by U.S. Navy raiders.
Some Gulf sea captains were reported to be steering well
clear of Iran's Silkworm missiles, however, and frontline
emirate Kuwait redeployed air defences to counter the threat.
'I think the predominant feeling ... Is of being scared this
conflict will escalate,' a top West German Foreign Ministry
official, Helmut Schaefer, told reporters in Bahrain after a
tour of three Gulf states.
b
Shipping sources said on Tuesday night at least six sea
captains had voiced fears that Iran would avenge Monday's U.S.
Raids by unleashing more Silkworm missiles at ships plying the
Gulf.
Belgium decided two minesweepers en route for the Gulf
would stay out for the time being following Monday's U.S.
Action.
But there was no sign that the prospect of more tit-for-tat
assaults had reduced the level of shipping activity in the
area.
Iran, having vowed to react strongly after Monday's U.S.
Action, launched a barrage of threats and ridicule.
For its part, Washington warned Iran again on Tuesday that
it was ready for any further hostile action.
Pentagon officials then announced that a U.S. Guided
missile destroyer began escorting two Kuwaiti tankers flying
the U.S. flag southwards--the 80,000 tonne product carrier
Ocean City and 46,000 tonne petroleum tanker Gas King.
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test/20775 | test/20775 |@title metropolitan:1 mony:1 make:1 offer:1 metex:1 |@word metropolitan:4 consolidated:1 industries:1 inc:1 say:3 make:2 tender:1 offer:3 outstanding:1 share:2 common:3 stock:2 metex:3 corp:1 mtx:1 currently:2 hold:2 option:2 7:2 75:1 dlrs:1 per:1 company:1 subject:1 ot:1 secure:1 satisfactory:1 financing:1 25:1 pct:2 purchase:1 additional:1 16:1 later:1 october:1 27:1 | METROPOLITAN <MONY.O> TO MAKE OFFER FOR METEX
Metropolitan Consolidated Industries Inc
said it will make a tender offer for all or any of the
outstanding shares of common stock of Metex Corp <MTX> not
currently held by or under option to Metropolitan for 7.75 dlrs
per share.
The company said the offer will be subject ot securing
satisfactory financing.
Metropolitan currently owns about 25.7 pct of Metex common
and holds options to purchase about an additional 16 pct of
Metex common stock.
Metropolitan said the offer will be made no later than
October 27.
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test/20776 | test/20776 |@title bii:2 enterprises:1 nine:1 mth:1 aug:1 31:1 net:1 |@word shr:1 22:1 ct:2 vs:3 50:1 net:1 1:1 2:3 mln:4 sale:1 41:1 7:1 38:1 3:1 note:1 bii:1 enterprises:1 inc:1 | BII ENTERPRISES <BII.TO> NINE MTHS AUG 31 NET
Shr 22 cts vs 50 cts
Net 1.2 mln vs 2.2 mln
Sales 41.7 mln vs 38.3 mln
Note: BII Enterprises Inc
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test/20778 | test/20778 |@title artillery:1 shell:1 say:1 fall:1 kuwait:1 border:1 |@word artillery:1 shell:5 exchange:2 fire:3 iran:4 iraq:3 fall:3 kuwait:4 northern:4 border:2 tuesday:2 cause:1 casualty:1 news:1 agency:1 kuna:2 say:2 quote:1 defense:1 ministry:1 official:3 rumor:1 world:1 oil:4 market:1 camp:1 retaliation:1 u:1 attack:2 iranian:1 platform:1 gulf:1 monday:1 several:1 random:1 manner:1 country:1 tell:2 seem:1 arise:1 one:1 wound:1 loss:1 diplomat:1 nearby:1 warfront:1 past:1 kuwaiti:2 desert:1 senior:1 petroleum:1 corporation:1 earlier:1 reuters:1 unaware:1 installation:1 | ARTILLERY SHELLS SAID TO FALL ON KUWAIT BORDER
Artillery shells from an exchange of fire
between Iran and Iraq fell on Kuwait's northern border on
Tuesday but caused no casualties, the Kuwait News Agency KUNA
said, quoting a Defense Ministry official.
There were rumors in world oil markets on Tuesday that Iran
had fired shells at an oil camp in northern Kuwait in
retaliation for U.S. Attacks on Iranian oil platforms in the
Gulf on Monday. 'Several shells fell in a random manner on the
northern border of the country,' the official told KUNA. 'It
seems these shells arose from an exchange of fire between Iran
and Iraq... No one was wounded and there were no losses.'
Diplomats said shells from the nearby Iran-Iraq warfront
had in the past fallen in the northern Kuwaiti desert.
A senior Kuwait Petroleum Corporation official had earlier
told Reuters he was unaware of any attack against Kuwaiti oil
installations.
|
test/20779 | test/20779 |@title zero:1 corp:1 zro:1 2nd:1 quarter:1 net:1 |@word shr:2 27:1 ct:4 vs:7 20:1 net:2 3:1 411:1 000:4 2:1 487:1 revs:1 34:1 7:2 mln:6 31:1 9:1 six:1 mth:1 51:1 41:1 6:2 372:1 5:2 090:1 rev:1 68:1 1:1 63:1 avg:1 shrs:1 12:2 | ZERO CORP <ZRO> 2ND QUARTER NET
Shr 27 cts vs 20 cts
Net 3,411,000 vs 2,487,000
Revs 34.7 mln vs 31.9 mln
Six mths
Shr 51 cts vs 41 cts
Net 6,372,000 vs 5,090,000
Revs 68.1 mln vs 63.7 mln
Avg shrs 12.6 mln vs 12.5 mln
|
test/20784 | test/20784 |@title seal:1 air:1 corp:1 see:1 3rd:1 qtr:1 net:1 |@word shr:2 54:1 ct:2 vs:6 53:1 net:2 4:4 193:1 000:2 052:1 revs:2 75:2 2:1 mln:6 63:1 9:1 nine:1 mth:1 1:2 98:1 dlrs:2 15:1 13:1 5:2 223:1 199:1 | SEALED AIR CORP <SEE> 3RD QTR NET
Shr 54 cts vs 53 cts
Net 4,193,000 vs 4,052,000
Revs 75.2 mln vs 63.9 mln
Nine mths
Shr 1.98 dlrs vs 1.75 dlrs
Net 15.4 mln vs 13.5 mln
Revs 223.4 mln vs 199.5 mln
|
test/20787 | test/20787 |@title u:1 may:1 end:1 additional:1 sanction:1 japan:1 |@word united:2 states:2 may:1 lift:3 additional:1 84:1 mln:4 dlrs:4 trade:1 sanction:5 japan:6 later:1 month:2 reagan:3 administration:2 official:4 say:4 president:1 impose:1 300:1 japanese:4 good:3 last:2 april:1 failure:1 honor:1 1986:1 agreement:3 end:4 dumping:2 semiconductor:6 u:5 third:2 country:2 market:4 open:2 home:1 move:1 raise:1 tariff:1 100:1 pct:2 five:1 color:1 television:1 set:1 hand:1 hold:1 power:1 tool:1 portable:1 computer:2 51:2 june:1 sell:1 production:1 cost:1 small:1 silicon:1 chip:1 use:1 memory:1 recall:1 purpose:1 wide:1 variety:1 commerce:1 department:1 monitor:1 show:1 take:1 sale:1 away:1 american:1 make:1 likely:1 would:1 remain:2 odd:1 close:1 review:2 compliance:2 earlier:1 week:1 periodic:1 continue:1 stay:1 force:1 full:1 | U.S. MAY END ADDITIONAL SANCTIONS AGAINST JAPAN
The United States may lift an
additional 84 mln dlrs in trade sanctions against Japan later
this month, Reagan Administration officials said.
President Reagan imposed 300 mln dlrs in sanctions on
Japanese goods last April for its failure to honor a 1986
agreement to end dumping semiconductors in the U.S. and third
country markets and to open its home market to U.S. goods.
The move raised tariffs to 100 pct from about five pct on
Japanese color television sets, hand-held power tools and
portable computers.
Reagan lifted 51 mln dlrs of the sanctions last June after
Japan ended selling the semiconductors on the U.S. market at
below production costs.
Semiconductors are the small silicon chips used for memory
and recall purposes in a wide variety of computers.
The Administration officials said Commerce Department
monitors showed that Japan was ending its dumping of the
semiconductors in third countries, where they had been taking
sales away from American-made semiconductors.
They said it was likely the 51 mln dlrs in sanctions would
be lifted by the end of the month.
The United States and Japan remain at odds over opening the
closed Japanese markets to U.S. goods.
U.S. and Japanese officials reviewed Japan's compliance
with the agreement earlier this week.
The periodic reviews are to continue and the remaining
sanctions to stay in force, the officials said, until Japan is
in full compliance with the semiconductor agreement.
|
test/20790 | test/20790 |@title canadian:1 pacific:1 cp:1 unit:1 study:1 pulp:1 mill:1 cip:1 |@word inc:1 wholly:1 canadian:2 pacific:1 ltd:1 consider:1 build:1 pulp:4 mill:3 texas:2 would:4 use:3 kenaf:3 fibre:4 instead:1 wood:2 cip:4 president:1 cecil:1 slenniken:3 say:6 interview:1 plant:3 member:1 hibiscus:1 family:1 artificially:1 develop:1 several:1 year:2 ago:1 grow:1 southern:1 reach:1 height:1 10:2 foot:1 three:1 month:1 produce:2 well:1 quality:1 newsprint:4 official:1 company:1 commission:1 study:1 200:1 000:2 tonne:2 capacity:1 need:1 partner:1 begin:2 project:2 yet:1 ready:1 commit:1 hundred:1 million:1 dollar:1 take:1 trial:1 basis:1 make:1 contain:1 90:1 pct:2 softwood:1 trois:1 riviere:1 quebec:1 canada:1 second:1 large:1 producer:1 recently:1 launch:1 366:1 mln:1 dlr:1 gold:1 river:1 british:1 columbia:1 due:1 230:1 metric:1 per:1 fall:1 1989:1 | CANADIAN PACIFIC (CP) UNIT STUDIES PULP MILL
CIP Inc, wholly-owned by Canadian
Pacific Ltd, is considering building a pulp mill in Texas which
would use kenaf fibre instead of wood, CIP president Cecil
Slenniken said in an interview.
The kenaf plant is a member of the hibiscus family and was
artificially developed several years ago. The plant, which has
been grown in Southern Texas, reaches a height of 10 feet in
three months and is said to produce better quality newsprint
than wood pulp, a CIP official said.
Slenniken said the company has commissioned studies for a
200,000 tonne capacity pulp mill which would use the fibre but
would need partners to begin the project.
'We are not yet ready to commit the hundreds of millions of
dollars it would take for such a project,' Slenniken said.
He said CIP has been using the pulp on a trial basis to
make newsprint containing 90 pct kenaf fibre and 10 pct
softwood fibre at its Trois-Rivieres, Quebec plant.
CIP, Canada's second largest newsprint producer, recently
launched a 366 mln Canadian dlr newsprint mill at Gold River,
British Columbia which is due begin producing 230,000 metric
tonnes per year by fall of 1989.
|
test/20791 | test/20791 |@title california:1 first:1 bank:1 cfbk:1 3rd:1 qtr:1 net:1 |@word shr:2 83:1 ct:2 vs:9 67:1 net:2 10:1 052:1 000:8 7:2 929:1 avg:2 shrs:2 12:2 161:1 11:2 824:1 nine:1 mth:1 2:2 33:1 dlrs:2 1:1 91:1 28:1 110:1 22:1 386:1 078:1 729:1 asset:1 5:3 9:1 billion:6 deposit:1 3:1 4:3 8:1 loan:1 lease:1 0:1 | CALIFORNIA FIRST BANK (CFBK.O) 3RD QTR NET
Shr 83 cts vs 67 cts
Net 10,052,000 vs 7,929,000
Avg shrs 12,161,000 vs 11,824,000
Nine mths
Shr 2.33 dlrs vs 1.91 dlrs
Net 28,110,000 vs 22,386,000
Avg shrs 12,078,000 vs 11,729,000
Assets 5.9 billion vs 5.7 billion
Deposits 5.3 billion vs 4.8 billion
Loans and leases 4.2 billion vs 4.0 billion
|
test/20792 | test/20792 |@title trace:1 product:1 trce:1 merger:1 agreement:1 suspend:1 |@word trace:2 products:1 inc:1 say:1 stock:3 swap:1 merger:1 agreement:1 privately:1 hold:1 central:2 point:2 software:2 suspend:1 indefinitely:1 uncertainty:1 market:1 product:1 manufacture:1 diskette:1 tape:1 duplication:1 equipment:1 publisher:1 earlier:1 agree:1 acquire:1 portland:1 ore:1 base:1 5:2 mln:1 share:1 common:1 | TRACE PRODUCTS <TRCE.O> MERGER AGREEMENT SUSPENDED
Trace Products Inc said its stock-swap
merger agreement with privately held Central Point Software has
been suspended indefinitely because of uncertainty in the stock
market.
Trace Products, which manufactures diskette and tape
duplication equipment for software publishers, had earlier
agreed to acquire Portland, Ore.-based Central Point for 5.5
mln shares of its common stock.
|
test/20793 | test/20793 |@title rpc:1 energy:1 services:1 inc:1 res:1 1st:1 qtr:1 sept:1 30:1 |@word shr:1 profit:2 one:1 cent:1 vs:3 loss:2 29:1 ct:1 net:1 116:1 000:3 4:1 195:1 revs:1 20:1 2:1 mln:1 6:1 393:1 | RPC ENERGY SERVICES INC <RES> 1ST QTR SEPT 30
Shr profit one cent vs loss 29 cts
Net profit 116,000 vs loss 4,195,000
Revs 20.2 mln vs 6,393,000
|
test/20794 | test/20794 |@title brenton:1 bank:1 brbk:1 3rd:1 qtr:1 oper:1 net:1 |@word oper:4 shr:2 38:2 ct:4 vs:4 1:5 84:1 dlrs:6 net:3 973:1 000:7 4:1 497:1 nine:2 mth:1 22:1 31:1 3:2 133:1 410:1 note:1 result:2 exclude:1 extraordinary:1 gain:2 loss:1 carryforward:1 672:1 27:1 1987:2 3rd:2 qtr:2 918:1 1986:2 071:1 44:1 month:1 include:1 5:1 mln:1 dlr:1 termination:1 define:1 benefit:1 pension:1 plan:1 | BRENTON BANKS <BRBK.O> 3RD QTR OPER NET
Oper shr 38 cts vs 1.84 dlrs
Oper net 973,000 vs 4,497,000
Nine mths
Oper shr 1.22 dlrs vs 1.31 dlrs
Oper net 3,133,000 vs 3,410,000
NOTE: Results exclude extraordinary gain from net loss
carryforward of 672,000 dlrs or 27 cts in 1987 3rd qtr, 918,000
dlrs 38 cts in 1986 3rd qtr, and 1,071,000 dlrs or 44 cts in
1987 nine months. 1986 results include 5.1 mln dlr gain from
termination of defined benefit pension plan.
|
test/20795 | test/20795 |@title reagan:1 say:1 u:1 commit:1 louvre:1 accord:1 |@word president:1 reagan:6 say:6 united:4 states:4 remain:2 committed:2 louvre:3 accord:1 seven:1 major:1 industrial:1 nation:1 agree:1 stabilize:1 currency:1 exchange:2 rate:2 agreement:3 statement:1 follow:1 meeting:1 top:2 economic:4 adviser:1 japan:1 west:2 germany:1 reaffirm:3 commitment:2 coordinate:2 policy:2 japanese:1 prime:1 minister:1 designate:1 noboru:1 takeshita:2 telephone:1 conversation:1 tuesday:1 morning:1 priority:1 maintain:1 stable:2 relation:1 note:1 treasury:1 secretary:1 james:1 baker:1 meet:1 german:1 financial:1 official:1 provide:1 non:1 inflationary:1 growth:1 | REAGAN SAYS U.S. COMMITTED TO LOUVRE ACCORD
President Reagan said the United
States remains committed to the Louvre accord in which the
seven major industrial nations agreed to stabilize currency
exchange rates.
'The United States remains committed to the Louvre
agreement,' Reagan said in a statement following a meeting with
his top economic advisers.
Reagan said the United States, Japan and West Germany had
all reaffirmed their commitment to coordinate economic
policies.
Reagan said Japanese Prime Minister-designate Noboru
Takeshita said in a telephone conversation Tuesday morning that
'his (Takeshita's) top priority was to maintain stable economic
relations with the United States.'
Reagan noted that Treasury Secretary James Baker met with
West German financial officials and reaffirmed their commitment
to the Louvre agreement.
They 'reaffirmed our agreement to coordinate economic
policies to provide for non-inflationary growth and stable
exchange rates,' Reagan said.
|
test/20797 | test/20797 |@title group:1 lift:1 stake:1 suave:1 shoe:1 swv:1 11:1 5:1 pct:1 |@word shareholder:1 group:2 include:1 entregrowth:1 interational:1 ltd:1 auckland:1 new:1 zealand:1 say:2 lift:1 stake:1 suave:2 shoe:2 corp:1 common:2 stock:1 319:1 600:1 share:4 11:1 5:1 pct:2 total:1 outstanding:1 previous:1 figure:1 approximately:1 238:1 400:1 8:2 6:1 filing:1 securities:1 exchange:1 commission:1 buy:1 81:1 200:1 open:1 market:1 transaction:1 october:1 1:1 19:1 34:1 dlrs:2 10:1 07:1 reason:1 give:1 purchase:1 | GROUP LIFTS STAKE IN SUAVE SHOE<SWV> TO 11.5 PCT
A shareholder group including
Entregrowth Interational Ltd, of Auckland, New Zealand, said it
lifted its stake in Suave Shoe Corp common stock to 319,600
shares, or 11.5 pct of the total outstanding, from a previous
figure of approximately 238,400 shares, or 8.6 pct.
In a filing with the Securities and Exchange Commission,
the group said it bought 81,200 Suave Shoe common shares in
open market transactions between October 1 and 19 at 8.34 dlrs
to 10.07 dlrs a share.
No reason was given for the purchases.
|
test/20798 | test/20798 |@title budget:1 rent:1 car:1 corp:1 bdgt:1 3rd:1 qtr:1 net:1 |@word shr:2 51:1 ct:3 vs:6 36:1 net:2 5:3 600:1 000:4 4:2 revs:2 115:1 mln:4 91:1 2:2 nine:1 mth:1 1:1 13:1 dlrs:1 61:1 10:1 7:1 800:1 308:1 249:1 mlln:1 note:1 1986:2 resutls:1 restate:1 pro:1 forma:1 basis:1 reflect:1 comparable:1 treatment:1 budget:1 leverage:1 buyout:1 september:1 30:1 initial:1 common:1 stock:1 offering:1 may:1 22:1 1987:1 | BUDGET RENT A CAR CORP <BDGT.O> 3RD QTR NET
Shr 51 cts vs 36 cts
Net 5,600,000 vs 4,000,000
Revs 115.4 mln vs 91.2 mln
Nine mths
Shr 1.13 dlrs vs 61 cts
Net 10.7 mln vs 5,800,000
Revs 308.2 mln vs 249.5 mlln
NOTE: 1986 resutls restated on pro forma basis to reflect
comparable treatment of Budget's leveraged buyout on September
30, 1986, and initial common stock offering on May 22, 1987.
|
test/20800 | test/20800 |@title uspci:1 inc:1 upc:1 3rd:1 qtr:1 net:1 |@word shr:2 12:2 ct:4 vs:6 10:1 net:2 1:3 600:1 000:4 314:1 revs:2 17:1 6:1 mln:4 2:1 nine:1 mth:1 58:1 43:1 7:1 624:1 5:1 336:1 56:1 8:1 40:1 | USPCI INC <UPC> 3RD QTR NET
Shr 12 cts vs 10 cts
Net 1,600,000 vs 1,314,000
Revs 17.6 mln vs 12.2 mln
Nine mths
Shr 58 cts vs 43 cts
Net 7,624,000 vs 5,336,000
Revs 56.8 mln vs 40.1 mln
|
test/20801 | test/20801 |@title somerset:1 bancorp:1 inc:1 somb:1 3rd:1 qtr:1 net:1 |@word net:2 1:2 137:1 000:4 vs:4 185:1 nine:1 mth:1 shr:2 2:2 17:1 dlrs:2 03:1 3:2 645:1 384:1 asset:1 374:1 4:2 mln:2 355:1 note:1 per:1 datum:1 qtr:1 disclose:1 | SOMERSET BANCORP INC <SOMB.O> 3RD QTR NET
Net 1,137,000 vs 1,185,000
Nine mths
Shr 2.17 dlrs vs 2.03 dlrs
Net 3,645,000 vs 3,384,000
Assets 374.4 mln vs 355.4 mln
NOTE: Per shr data in qtr not disclosed.
|
test/20802 | test/20802 |@title cpt:1 corp:1 cptc:1 1st:1 qtr:1 sept:1 30:1 loss:1 |@word shr:1 loss:4 15:1 ct:2 vs:3 19:1 net:1 2:2 161:1 000:2 873:1 rev:1 24:1 5:1 mln:2 22:1 6:1 | CPT CORP <CPTC.O> 1ST QTR SEPT 30 LOSS
Shr loss 15 cts vs loss 19 cts
Net loss 2,161,000 vs loss 2,873,000
Revs 24.5 mln vs 22.6 mln
|
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