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test/20803 | test/20803 |@title chariot:1 group:1 inc:1 cgr:1 3rd:1 qtr:1 net:1 |@word shr:3 10:2 ct:4 vs:7 two:1 net:2 262:1 000:5 38:1 revs:2 11:1 2:3 mln:3 5:1 858:1 avg:1 shrs:1 589:1 045:1 588:1 364:1 nine:1 mth:1 46:1 26:1 1:1 179:1 601:1 32:1 7:2 18:1 note:1 per:1 datum:1 adjust:1 reflect:1 pct:1 stock:1 dividend:1 distribute:1 2nd:1 qtr:1 1987:1 | THE CHARIOT GROUP INC <CGR> 3RD QTR NET
Shr 10 cts vs two cts
Net 262,000 vs 38,000
Revs 11.2 mln vs 5,858,000
Avg shrs 2,589,045 vs 2,588,364
Nine mths
Shr 46 cts vs 26 cts
Net 1,179,000 vs 601,000
Revs 32.7 mln vs 18.7 mln
NOTE: All per shr data adjusted to reflect 10 pct stock
dividend distributed in 2nd qtr 1987.
|
test/20804 | test/20804 |@title comshare:1 inc:1 csre:1 1st:1 qtr:1 sept:1 30:1 loss:1 |@word shr:2 loss:2 35:1 ct:2 vs:3 profit:2 18:1 net:1 946:1 300:1 502:1 500:1 revs:1 17:1 3:1 mln:2 16:1 8:1 | COMSHARE INC <CSRE.O> 1ST QTR SEPT 30 LOSS
Shr loss 35 cts vs profit 18 cts shr
Net loss 946,300 vs profit 502,500
Revs 17.3 mln vs 16.8 mln
|
test/20807 | test/20807 |@title marine:1 corp:1 mcrp:1 3rd:1 qtr:1 net:1 |@word shr:2 1:4 24:1 dlrs:4 vs:7 16:1 net:2 10:1 mln:3 8:3 910:1 000:1 nine:1 mth:1 2:3 42:1 3:6 30:1 19:1 25:1 4:3 asset:1 billion:6 deposit:1 loan:1 6:1 | MARINE CORP <MCRP.O> 3RD QTR NET
Shr 1.24 dlrs vs 1.16 dlrs
Net 10.1 mln vs 8,910,000
Nine mths
Shr 2.42 dlrs vs 3.30 dlrs
Net 19.8 mln vs 25.4 mln
Assets 4.3 billion vs 3.8 billion
Deposits 3.4 billion vs 3.1 billion
Loans 2.6 billion vs 2.3 billion
|
test/20811 | test/20811 |@title southland:1 slc:1 target:1 sec:1 investigation:1 |@word southland:11 corp:1 say:2 tell:1 securities:2 exchange:2 commission:3 order:3 private:2 investigation:4 stock:5 trading:2 statement:4 make:1 company:3 year:2 advise:1 issue:1 concern:1 various:2 time:1 1987:1 issuance:1 public:1 proxy:2 shareholder:2 elaborate:1 sec:2 official:1 could:1 reach:1 comment:1 late:1 tuesday:1 long:1 stand:1 policy:1 confirm:1 deny:1 existence:1 file:1 require:1 november:1 5:2 meeting:1 call:1 approve:2 previously:1 announce:1 acquisition:1 control:1 chairman:1 john:1 thompson:2 member:1 family:1 earlier:1 group:1 lead:1 acquire:1 majority:1 ownership:1 77:1 dlrs:2 share:4 tender:1 offer:1 31:1 mln:1 common:2 merger:1 still:1 outstanding:1 convert:1 right:1 receive:1 61:1 32:1 cash:1 plus:1 fraction:1 prefer:1 | SOUTHLAND <SLC> TARGETED IN SEC INVESTIGATION
Southland Corp said it was told the
Securities and Exchange Commission ordered a private
investigation into Southland stock trading and statements made
by the company this year.
'Southland has been advised that the Commission has issued
a private order of investigation concerning the trading of
Southland stock during various times in 1987 and the issuance
of various public statements by Southland,' Southland said in a
proxy statement to shareholders.
Southland did not elaborate on the SEC order of
investigation, and company officials could not be reached for
comment late Tuesday.
The SEC has a long-standing policy against confirming or
denying the existence of investigations.
The proxy statement, filed with the Securities and Exchange
Commission, is required for a November 5 shareholders meeting
called to approve the previously announced acquisition of
Southland by a company controlled by Southland chairman John
Thompson and members of his family.
Earlier this year, a group led by Thompson acquired
majority ownership of Southland through a 77 dlrs a share
tender offer for 31.5 mln shares of Southland common stock.
If the merger is approved, common stock still outstanding
will be converted into the right to receive 61.32 dlrs a share
in cash plus a fraction of a share of preferred stock.
|
test/20812 | test/20812 |@title continental:1 information:1 systems:1 cny:1 2nd:1 qtr:1 |@word qtr:1 end:1 aug:1 31:1 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 45:2 5:2 677:1 700:1 revs:1 174:1 6:1 132:1 8:1 note:1 full:1 name:1 company:1 continental:1 information:1 systems:1 corp:1 | CONTINENTAL INFORMATION SYSTEMS <CNY> 2ND QTR
Qtr ends Aug 31
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 45 cts
Net 5,677,000 vs 5,700,000
Revs 174.6 mln vs 132.8 mln
NOTE: full name of company is continental information
systems corp.
|
test/20813 | test/20813 |@title family:1 dollar:1 stores:1 inc:1 fdo:1 4th:1 qtr:1 aug:1 31:1 |@word shr:2 15:1 ct:3 vs:6 27:1 net:2 4:1 358:1 947:1 7:2 786:1 640:1 revs:2 140:1 8:2 mln:6 121:1 2:1 year:1 86:1 1:1 06:1 dlrs:1 24:1 30:1 5:1 560:1 3:1 487:1 | FAMILY DOLLAR STORES INC <FDO> 4TH QTR AUG 31
Shr 15 cts vs 27 cts
Net 4,358,947 vs 7,786,640
Revs 140.8 mln vs 121.2 mln
Year
Shr 86 cts vs 1.06 dlrs
Net 24.8 mln vs 30.5 mln
Revs 560.3 mln vs 487.7 mln
|
test/20814 | test/20814 |@title alfa:2 corp:1 3rd:1 qtr:1 net:1 |@word shr:3 28:1 ct:4 vs:14 21:1 net:6 4:4 653:1 815:1 3:2 564:1 451:1 revs:2 34:1 0:1 mln:7 12:2 8:3 nine:3 mth:3 61:2 53:1 10:1 881:1 825:1 38:1 note:1 per:1 amount:1 give:1 retroactive:1 effect:2 2:2 1:3 split:1 100:1 pct:1 stock:1 dividend:1 pay:1 june:1 1987:5 include:2 realize:1 investment:2 gain:1 213:1 471:1 937:1 801:1 1986:4 604:1 172:1 474:1 556:1 qtr:2 income:1 5:1 11:1 480:1 540:1 781:1 245:1 | ALFA CORP <ALFA.O> 3RD QTR NET
Shr 28 cts vs 21 cts
Net 4,653,815 vs 3,564,451
Revs 34.0 mln vs 12.8 mln
Nine mths
Shr 61 cts vs 53 cts
Net 10.4 mln vs 8,881,825
Revs 61.8 mln vs 38.4 mln
NOTE: Per shr amounts are after giving retroactive effect
for a 2-for-1 split effected as a 100 pct stock dividend which
was paid June 1, 1987.Net includes net realized investment
gains of 1,213,471 vs 937,801 in nine mths 1987 vs 1986, and
604,172 vs 474,556 in qtr 1987 vs 1986. Net includes net
investment income of 12.5 mln vs 11.2 mln in nine mths 1987 vs
1986, and 4,480,540 vs 3,781,245 in qtr 1987 vs 1986.
|
test/20817 | test/20817 |@title invitron:1 corp:1 invn:1 1st:1 qtr:1 sept:1 30:1 net:1 |@word shr:1 eight:1 ct:2 vs:3 12:1 net:1 1:1 016:1 552:1 980:1 834:1 revs:1 6:1 786:1 579:1 4:1 356:1 561:1 note:1 invitron:1 go:1 public:1 october:1 seven:1 | INVITRON CORP <INVN.O> 1ST QTR SEPT 30 NET
Shr eight cts vs 12 cts
Net 1,016,552 vs 980,834
Revs 6,786,579 vs 4,356,561
NOTE: Invitron went public on October seven.
|
test/20822 | test/20822 |@title squibb:1 corp:1 sqb:1 3rd:1 qtr:1 net:1 |@word shr:5 1:7 04:1 dlrs:6 vs:6 78:1 ct:3 net:3 109:1 2:3 mln:10 83:1 9:3 revs:2 561:1 3:3 460:1 5:1 nine:4 mth:3 61:1 91:1 273:1 8:1 206:1 6:1 56:1 billion:2 27:1 note:1 per:3 amount:1 reflect:1 split:1 shareholder:1 record:1 june:1 1987:2 qtr:2 exchange:1 rate:1 fluctuation:1 favorable:1 sale:1 impact:1 25:1 70:1 respectively:1 1986:2 include:1 income:2 discontinue:1 operation:1 10:1 four:1 | SQUIBB CORP <SQB> 3RD QTR NET
Shr 1.04 dlrs vs 78 cts
Net 109.2 mln vs 83.9 mln
Revs 561.3 mln vs 460.5 mln
Nine mths
Shr 2.61 dlrs vs 1.91 dlrs
Net 273.8 mln vs 206.6 mln
Revs 1.56 billion vs 1.27 billion
NOTE: Per shr amounts reflect the 2-for-1 split to
shareholders of record on June 1, 1987.
For qtr and nine mths 1987, exchange rate fluctuations had
a favorable sales impact of 25.9 mln dlrs and 70.3 mln dlrs,
respectively.
Net in nine mths 1986 includes income from discontinuing
operations of 10.1 mln or nine cts per shr, and income of 3.9
mln dlrs or four cts per shr in qtr 1986.
|
test/20824 | test/20824 |@title edelman:1 group:1 commit:1 telex:1 tc:1 bid:1 tlx:1 |@word partner:1 group:4 lead:2 asher:1 edelman:3 see:1 problem:1 65:1 dlr:1 per:1 share:2 bid:2 telex:2 corp:3 shearson:3 lehman:2 official:1 advise:1 say:4 several:1 takeover:1 proposal:1 crumble:1 follow:1 decline:1 financial:1 market:2 speculation:1 may:1 also:1 drop:2 offer:1 fall:1 11:1 34:1 1:1 4:1 early:1 today:1 carl:1 icahn:1 take:1 trans:1 world:1 airlines:1 inc:1 twa:1 private:1 dart:1 darta:1 abandon:1 plan:2 acquire:1 dayton:1 hudson:1 dh:1 cite:1 condition:1 nothing:1 fundamental:1 change:4 company:2 stock:1 price:1 reason:1 daniel:1 good:2 head:1 merchant:1 banking:1 thing:1 proceed:1 fully:1 expect:1 time:1 pay:1 financing:2 place:1 agree:1 provide:1 bridge:1 600:1 mln:1 dlrs:1 | EDELMAN GROUP COMMITTED TO TELEX <TC> BID
TLX Partners, a group led by Asher
Edelman, does not see any problems with its 65 dlr per share
bid for Telex Corp, a Shearson Lehman official advising the
group said.
Several other takeover proposals have crumbled following
declines in financial markets, leading to speculation that
Edelman might also drop his offer. Telex fell 11 to 34-1/4.
Earlier today, Carl Icahn dropped his bid to take Trans
World Airlines Inc <TWA> private and Dart Group Corp <DARTA.O>
said it abandoned plans to acquire Dayton Hudson Corp <DH>.
Both cited market conditions.
'Nothing fundamental has changed with the company. The
stock price has changed, but the company hasn't changed so
there's no reason for us to change,' said Daniel Good, head of
Shearson Lehman merchant banking.
'Things are proceeding as planned, and we fully expect that
at the time we have to pay for the shares the financing will be
in place,' Good said.
Shearson has agreed to provide bridge financing of up to
600 mln dlrs for the Edelman group.
|
test/20825 | test/20825 |@title cp:1 national:1 corp:1 cpn:1 3rd:1 qtr:1 net:1 |@word shr:2 46:1 ct:2 vs:6 55:1 net:2 3:1 532:1 000:2 4:2 217:1 revs:2 54:1 mln:6 52:1 nine:1 mth:1 1:2 97:1 dlrs:2 98:1 15:1 0:1 14:1 8:1 176:2 2:1 9:1 | CP NATIONAL CORP <CPN> 3RD QTR NET
Shr 46 cts vs 55 cts
Net 3,532,000 vs 4,217,000
Revs 54 mln vs 52.4 mln
Nine mths
Shr 1.97 dlrs vs 1.98 dlrs
Net 15.0 mln vs 14.8 mln
Revs 176.2 mln vs 176.9 mln
|
test/20826 | test/20826 |@title great:1 american:1 first:1 savings:1 gta:1 3rd:1 qtr:1 net:1 |@word shr:4 primary:2 92:1 ct:3 vs:9 1:2 09:1 dlrs:5 dilute:2 82:1 97:1 net:2 21:1 8:4 mln:4 26:1 nine:1 mth:1 3:2 07:1 2:4 96:1 72:1 44:1 73:1 65:1 asset:1 14:1 29:1 billion:6 12:1 35:1 deposit:1 9:1 52:1 69:2 loan:1 79:1 | GREAT AMERICAN FIRST SAVINGS <GTA> 3RD QTR NET
Shr primary 92 cts vs 1.09 dlrs
Shr diluted 82 cts vs 97 cts
Net 21.8 mln vs 26.1 mln
Nine mths
Shr primary 3.07 dlrs vs 2.96 dlrs
Shr diluted 2.72 dlrs vs 2.44 dlrs
Net 73.2 mln vs 65.3 mln
Assets 14.29 billion vs 12.35 billion
Deposits 9.52 billion vs 8.69 billion
Loans 8.79 billion vs 8.69 billion
|
test/20828 | test/20828 |@title senate:1 back:1 u:1 retaliation:1 gulf:1 |@word u:6 senate:2 tuesday:1 back:1 president:1 reagan:3 retaliatory:2 strike:2 iranian:3 target:1 gulf:4 move:1 take:2 great:1 role:2 make:2 policy:2 volatile:1 region:1 senator:1 vote:2 92:1 1:1 non:1 binding:1 measure:4 endorse:1 monday:1 attack:3 two:1 oil:1 platform:1 retaliation:1 last:1 friday:1 kuwaiti:1 ship:1 fly:1 american:1 flag:1 say:1 firm:1 indication:1 resolve:1 iran:1 military:1 action:1 united:1 states:1 impunity:1 earlier:1 cut:1 republican:1 stalling:1 tactic:1 set:1 could:2 give:1 congress:1 large:1 however:1 require:1 comply:2 1973:1 war:2 powers:2 act:2 lead:1 pullout:1 force:1 democrats:1 republicans:1 praise:1 many:1 voice:1 new:1 fear:1 grow:1 involvement:1 demand:1 | SENATE BACKS U.S. RETALIATION IN GULF
The U.S. Senate on Tuesday backed
President Reagan's retaliatory strike against Iranian targets
in the Gulf as it moved to take a greater role in making policy
in the volatile region.
Senators voted 92-1 for a non-binding measure that endorsed
Monday's U.S. attack on two Iranian oil platforms in
retaliation for an Iranian attack last Friday on a Kuwaiti ship
flying the American flag.
The measure said the attack was a firm indication of U.S.
resolve that Iran 'cannot take military action against the
United States with impunity.'
Earlier, the Senate cut off Republican stalling tactics and
set a vote on a measure that could give Congress a larger role
in making Gulf policy. The measure, however, does not require
Reagan to comply with the 1973 War Powers Act, which could lead
to a pullout of U.S. forces from the Gulf.
While Democrats and Republicans praised the U.S.
retaliatory strike, many voiced new fears about the growing
U.S. involvement in the Gulf and some demanded that Reagan
comply with the War Powers Act.
|
test/20829 | test/20829 |@title canada:1 seek:1 five:1 year:1 farm:1 reform:1 plan:1 |@word canada:1 propose:1 new:3 round:1 international:1 trade:8 talk:2 distort:2 farm:4 subsidy:2 phase:1 five:1 year:1 period:1 minister:1 pat:1 carney:4 say:4 agricultural:1 barrier:2 create:1 vicious:1 circle:1 continue:1 cause:1 problem:2 overproduction:1 low:1 commodity:1 price:1 tell:1 house:1 commons:1 outline:1 government:3 position:1 table:1 tuesday:1 geneva:1 multilateral:1 gatt:1 general:1 agreement:1 tariffs:1 detail:1 release:1 would:2 also:1 press:1 improvement:1 market:1 access:1 measure:1 ensure:2 country:3 erect:1 artificial:1 canadian:1 proposal:1 domestic:1 policy:1 program:2 address:1 specific:1 need:1 sector:1 background:1 paper:2 furthermore:1 assess:1 impact:1 credit:1 could:1 give:1 effectively:1 control:1 output:1 product:1 | CANADA SEEKS FIVE YEAR FARM REFORM PLAN
Canada will propose at the new round of
international trade talks that most trade-distorting farm
subsidies be phased out over a five year period, Trade Minister
Pat Carney said.
'Agricultural subsidies and trade barriers have created a
vicious circle which continues to cause problems of
overproduction and low commodity prices,' Carney told the House
of Commons.
Carney was outlining the government's new position on the
farm trade problem that was tabled on Tuesday in Geneva in the
multilateral talks under the GATT (General Agreement on Tariffs
and Trade).
While few details were released, Carney said the government
would also be pressing for an improvement in market access and
new measures to ensure countries do not erect artificial
barriers.
'Under the Canadian proposal, all countries would have to
ensure that domestic policies and programs to address the
specific needs of their farm sectors do not distort trade,' a
government background paper said.
'Furthermore, in assessing the trade impact of programs,
credit could be given to countries which effectively control
the output of farm products,' the papers said.
|
test/20833 | test/20833 |@title smithkline:1 beckman:1 corp:1 skb:1 3rd:1 qtr:1 net:1 |@word shr:2 1:3 18:1 dlrs:3 vs:7 87:1 ct:1 net:2 149:1 6:1 mln:8 134:1 0:1 revs:2 10:1 billion:3 956:1 4:1 nine:1 mth:1 3:3 36:1 2:2 42:1 428:1 373:1 7:1 13:1 70:1 avg:1 shrs:1 127:1 154:1 5:1 note:1 1986:1 result:1 include:1 25:1 dlr:1 reduction:1 operate:1 income:1 relaunch:1 contac:1 | SMITHKLINE BECKMAN CORP <SKB> 3RD QTR NET
Shr 1.18 dlrs vs 87 cts
Net 149.6 mln vs 134.0 mln
Revs 1.10 billion vs 956.4 mln
Nine mths
Shr 3.36 dlrs vs 2.42 dlrs
Net 428.1 mln vs 373.7 mln
Revs 3.13 billion vs 2.70 billion
Avg shrs 127.3 mln vs 154.5 mln
NOTE: 1986 results include 25 mln dlr reduction of
operating income for the relaunch of Contac.
|
test/20834 | test/20834 |@title first:1 commercial:1 fcob:1 acquire:1 citizens:1 bank:1 |@word first:3 commercial:3 bancorp:1 say:1 acquire:1 three:1 branch:1 citizens:2 bank:2 roseville:1 stock:3 swap:1 value:3 agreement:2 base:1 citizen:2 adjust:1 book:2 year:2 end:2 trading:1 price:1 1:1 9:1 mln:1 dlrs:1 third:1 quarter:1 accord:1 counsel:1 guy:1 gibson:1 shareholder:1 could:1 also:1 trade:1 five:1 debenture:2 issue:1 term:1 establish:1 | FIRST COMMERCIAL <FCOB.O> TO ACQUIRE CITIZENS BANK
First Commercial Bancorp said it will
acquire the three-branch Citizens Bank of Roseville in a stock
swap.
The value of the agreement will be based on Citizens'
adjusted book value at year end and the trading price of First
Commercial's stock.
Citizens' book value was about 1.9 mln dlrs at the end of
the third quarter, according to the bank's counsel, Guy Gibson.
Under the agreement, Citizens shareholders could also trade
their stock for a five-year debenture issued by First
Commercial. Terms of the debenture have not been established.
|
test/20835 | test/20835 |@title united:1 artists:1 uaci:1 suspend:1 merger:1 talk:1 |@word united:2 artists:1 communications:1 inc:1 cable:1 television:1 corp:1 say:1 indefinitely:1 suspend:1 negotiation:1 propose:1 merger:2 company:2 previously:1 announce:1 cite:1 combination:1 extraordinary:1 market:1 condition:1 unresolved:1 term:1 contribute:1 action:1 | UNITED ARTISTS <UACI.O> SUSPENDS MERGER TALKS
United Artists Communications Inc and
<United Cable Television Corp> said they have indefinitely
suspended negotiations on a proposed merger of their companies
previously announced.
The companies cited a combination of extraordinary market
conditions and unresolved terms of the merger as contributing
to the action.
|
test/20836 | test/20836 |@title dexter:1 corp:1 dex:1 3rd:1 qtr:1 net:1 |@word shr:2 41:1 ct:2 vs:6 33:1 net:2 10:1 2:1 mln:7 8:1 309:1 000:1 revs:2 193:1 3:1 157:1 7:1 nine:1 month:1 1:3 29:1 dlrs:2 02:1 32:1 25:1 4:1 582:1 486:1 5:1 | THE DEXTER CORP <DEX> 3RD QTR NET
Shr 41 cts vs 33 cts
Net 10.2 mln vs 8,309,000
Revs 193.3 mln vs 157.7 mln
Nine months
Shr 1.29 dlrs vs 1.02 dlrs
Net 32.1 mln vs 25.4 mln
Revs 582 mln vs 486.5 mln
|
test/20837 | test/20837 |@title washington:1 mutual:1 savings:1 bank:1 wamu:1 3rd:1 qtr:1 net:1 |@word shr:2 56:1 ct:2 vs:8 68:1 net:2 8:3 327:1 000:2 9:2 738:1 nine:1 mth:1 2:3 19:1 dlrs:1 1:1 67:1 dlr:1 32:1 mln:4 24:1 avg:1 shrs:1 15:1 0:1 14:1 asset:1 5:1 58:1 billion:6 4:1 34:1 deposit:1 3:2 60:1 27:1 loan:1 96:1 90:1 | WASHINGTON MUTUAL SAVINGS BANK <WAMU.O> 3RD QTR NET
Shr 56 cts vs 68 cts
Net 8,327,000 vs 9,738,000
Nine mths
Shr 2.19 dlrs vs 1.67 dlr
Net 32.8 mln vs 24.8 mln
Avg shrs 15.0 mln vs 14.9 mln
Assets 5.58 billion vs 4.34 billion
Deposits 3.60 billion vs 3.27 billion
Loans 2.96 billion vs 2.90 billion
|
test/20838 | test/20838 |@title trinity:1 industries:1 inc:1 trn:1 2nd:1 qtr:1 net:1 |@word sept:1 30:1 end:1 shr:2 six:2 ct:4 vs:8 17:3 net:2 1:1 064:1 000:8 2:3 676:1 revs:2 144:1 6:1 mln:4 129:1 4:2 avg:2 shrs:2 121:2 16:2 065:2 month:1 13:1 25:1 167:1 029:1 248:1 249:1 | TRINITY INDUSTRIES INC <TRN> 2ND QTR NET
Sept 30 end
Shr six cts vs 17 cts
Net 1,064,000 vs 2,676,000
Revs 144.6 mln vs 129.4 mln
Avg shrs 17,121,000 vs 16,065,000
Six months
Shr 13 cts vs 25 cts
Net 2,167,000 vs 4,029,000
Revs 248 mln vs 249.2 mln
Avg shrs 17,121,000 vs 16,065,000
|
test/20840 | test/20840 |@title southmark:1 sm:1 purchase:1 national:1 self:1 |@word national:3 self:3 storage:4 say:3 sell:1 nine:2 facility:2 southmark:2 corp:1 37:1 1:1 mln:1 dlrs:1 developer:1 space:1 business:1 record:1 purchase:1 include:1 faciltie:1 also:1 plan:1 two:1 year:1 100:1 expansion:1 program:1 south:1 florida:1 across:1 country:1 | SOUTHMARK <SM> TO PURCHASE <NATIONAL SELF>
National Self Storage said
has sold nine storage facilities to Southmark Corp for 37.1 mln
dlrs.
National Self, a developer of storage space for business
records, said the purchase includes nine storage facilties.
National Self also said it and Southmark plan a two-year 100
facility expansion program in South Florida and across the
country.
|
test/20858 | test/20858 |@title |@word miyazawa:2 say:2 g:2 7:2 still:2 strongly:2 support:2 louvre:2 accord:2 | Miyazawa says G-7 still strongly supports Louvre Accord
Miyazawa says G-7 still strongly supports Louvre Accord
|
test/20862 | test/20862 |@title |@word dollar:2 open:2 sharply:2 high:2 tokyo:2 143:2 55:2 yen:2 monday:2 close:2 141:2 35:2 | Dollar opens sharply higher in Tokyo at 143.55 yen (Monday close 141.35)
Dollar opens sharply higher in Tokyo at 143.55 yen (Monday close 141.35)
|
test/20865 | test/20865 |@title us:1 say:1 canadian:1 israeli:1 pact:1 spur:1 trade:1 |@word trade:15 representative:1 clayton:1 yeutter:8 say:9 monday:1 u:5 free:2 agreement:3 canada:1 israel:2 help:2 pave:1 way:2 liberalize:3 global:2 trading:2 system:2 canadian:7 israeli:5 pact:7 set:1 back:1 worldwide:1 reform:1 effort:2 general:1 tariffs:1 gatt:5 critic:1 fear:1 talk:1 begin:1 year:3 ago:2 punta:1 del:1 este:1 uruguay:1 include:1 agriculture:1 service:2 banking:1 make:2 remark:1 meeting:1 mark:1 second:1 bilateral:1 accord:1 sign:1 two:3 side:1 week:1 yet:1 approve:1 congress:3 parliament:1 fta:1 would:4 gradually:2 remove:1 tariff:1 barrier:1 cross:1 border:1 good:1 many:1 aftermath:1 country:4 realize:1 want:1 continue:1 access:1 world:2 large:2 market:1 better:2 get:1 serious:2 improve:1 increase:4 shipment:1 substantially:1 gross:1 national:1 product:1 also:2 serve:1 important:2 precedent:1 progress:2 one:1 key:1 enhance:2 political:1 economic:1 stability:1 around:1 globe:1 strong:1 prosperity:1 advanced:1 industrial:1 nation:2 need:1 order:1 standard:1 living:1 add:1 risk:1 resort:1 protectionism:1 refer:1 legislation:3 pende:2 force:1 united:2 states:2 take:1 retaliatory:1 action:1 surplus:1 practice:1 unfair:1 prompt:1 grow:1 deficit:1 hit:1 156:1 billion:1 dlrs:1 last:1 still:1 rise:1 pressure:1 act:1 hard:1 resist:1 undermine:1 president:2 reagan:2 renew:1 threat:1 white:1 house:1 veto:3 bill:1 contain:1 flaw:1 believe:1 sustain:1 | US SAYS CANADIAN, ISRAELI PACTS SHOULD SPUR TRADE
Trade Representative Clayton Yeutter
said on Monday that the U.S. free trade agreements with Canada
and Israel should help to pave the way for liberalizing the
global trading system.
He said the Canadian and Israeli pacts will not set back
worldwide reform efforts under the General Agreement on Tariffs
and Trade (GATT) as some critics feared but help them.
The GATT talks began a year ago in Punta del Este, Uruguay
to liberalize the global trading system and to include in it
trade in agriculture and services such as banking.
Yeutter made his remarks at a U.S.-Israeli trade meeting
marking the second year of their bilateral accord. The
Canadian-U.S. pact, signed by two sides two weeks ago, has yet
been approved by the U.S. Congress and Canadian Parliament.
The two free trade agreements (FTA) would gradually remove
tariffs and other barriers to cross-border trade in goods and
many services.
Yeutter said in the aftermath of the Canadian and Israeli
pacts 'other countries have realized that if they want to
continue to have access to the world's largest market, they had
better get serious about improving the GATT.'
The pact with Israel, he said, is gradually increasing
shipments both ways and the Canadian pact will substantially
increase the gross national products in both countries.
Yeutter also said the Canadian and Israeli pacts should
serve as important precedents for progress in GATT.
Yeutter said, 'increasing trade is one of the keys to
enhanced political and economic stability around the globe.'
He said, 'a stronger GATT will enhance prosperity, not only
for advanced industrial nations, but also for other countries
that need to increase trade in order to better their standards
of living.'
Yeutter added it was important not to risk the progress
made in the Israeli and Canadian trade pacts by resorting to
protectionism.
He was referring to trade legislation pending in Congress
that would force the United States to take retaliatory actions
against nations with large trade surpluses with the United
States if the countries practiced unfair trade.
The legislation was prompted by a growing U.S. trade
deficit that hit 156 billion dlrs last year and is still
rising.
Yeutter said the pressures for Congress to act were hard to
resist, but the pending legislation would undermine President
Reagan's efforts to liberalize the world trade.
Yeutter renewed the threat of a White House veto.
He said, 'President Reagan will veto any bill that contains
serious flaws, and I believe that veto would be sustained.'
|
test/20868 | test/20868 |@title baker:1 stoltenberg:1 meeting:1 soothe:1 market:1 |@word news:3 meeting:4 u:6 treasury:1 secretary:1 james:1 baker:7 west:10 german:8 finance:5 minister:1 gerhard:1 stoltenberg:3 monday:3 soothe:1 currency:4 market:8 allow:1 dollar:5 recoup:1 much:2 day:1 loss:1 dealer:3 say:12 take:2 place:2 frankfurt:1 great:1 secrecy:1 come:2 fall:1 sharply:1 criticism:2 monetary:5 policy:3 provoke:1 fear:3 louvre:5 pact:4 stability:2 jeopardy:1 react:2 immediately:1 rise:8 two:1 pfennig:2 hour:1 new:3 york:3 trading:1 announcement:1 also:4 attend:1 bundesbank:10 president:3 karl:2 otto:2 poehl:3 make:1 simultaneously:1 bonn:2 washington:1 time:1 closure:1 agree:1 pursue:2 accept:1 february:1 accord:4 ministry:4 spokesman:4 1:3 7970:1 90:2 mark:3 close:2 7730:1 40:1 friday:1 7975:1 85:3 tumble:1 nearly:1 three:1 interest:4 rate:9 stock:1 crash:1 worldwide:1 germany:4 apparently:1 breach:2 lead:1 industrial:1 democracy:1 pledge:1 coordinate:1 economic:1 foster:1 surplus:1 countries:1 japan:1 stimulate:1 economy:1 promising:1 cut:1 budget:1 deficit:1 government:1 source:1 money:4 could:1 see:1 rather:1 direct:1 reaction:1 high:1 united:1 states:1 bond:1 yield:2 since:3 may:1 inflationary:1 early:2 september:2 fed:1 raise:2 discount:1 6:1 00:1 pct:5 5:1 50:1 period:1 less:1 markedly:1 late:1 nudge:1 short:1 term:3 change:2 security:2 repurchase:2 principal:1 instrument:1 steer:1 allocation:2 last:3 facility:2 3:5 compare:1 60:1 partly:1 due:2 inability:1 uncouple:1 trend:1 reflect:2 concern:1 among:1 conservative:1 central:1 bank:3 council:1 excessive:1 growth:1 domestically:1 produce:1 inflation:1 economist:3 tightening:1 switch:1 pragmatic:1 line:1 year:1 stabilise:1 externally:1 cautious:1 approach:1 vice:1 helmut:1 schlesinger:1 apparent:2 gesture:1 coincide:1 visit:2 repeatedly:1 add:2 liquidity:2 morning:1 clearly:1 move:1 appease:1 anger:1 recent:1 want:2 american:1 fire:1 chris:1 zwermann:1 adviser:1 swiss:1 corp:1 seem:1 beat:1 quite:1 significant:1 retreat:2 position:1 gile:1 keating:1 credit:1 suisse:1 first:1 boston:1 ltd:1 london:1 significance:1 emerge:1 next:1 tender:2 tuesday:1 result:1 wednesday:1 today:1 injection:1 show:1 strong:1 likely:1 turn:1 80:1 little:1 give:1 indication:1 would:2 although:1 arrange:1 week:2 earlier:1 ask:1 comment:1 clash:1 go:1 quote:1 assume:1 cooperation:1 continue:1 believe:1 already:1 leave:1 sweden:1 denmark:1 belgium:1 | BAKER/STOLTENBERG MEETING SOOTHES MARKETS
News of a meeting between U.S. Treasury
Secretary James Baker and West German Finance Minister Gerhard
Stoltenberg on Monday soothed currency markets, allowing the
dollar to recoup much of the day's losses, dealers said.
News of the meeting, which took place in Frankfurt in great
secrecy, came after the dollar fell sharply on criticism by
Baker of West German monetary policy, which had provoked fears
that the Louvre pact on currency stability was in jeopardy.
The dollar reacted immediately to the news, rising over two
pfennigs in after hours New York trading, dealers there said.
The announcement of the meeting, also attended by
Bundesbank President Karl Otto Poehl, was made simultaneously
in Bonn and Washington, timed for after the closure of New York
markets.
Baker, Stoltenberg and Poehl agreed to pursue the policies
accepted under the February Louvre accord, a finance ministry
spokesman in Bonn said.
The dollar rose to 1.7970/90 marks from New York's close of
1.7730/40. It had closed there on Friday at 1.7975/85 marks.
The dollar had tumbled nearly three pfennigs as the market
reacted to Baker's criticism of rising West German interest
rates, and stock markets crashed worldwide. Baker had said that
West Germany was apparently breaching the Louvre accord.
Under the accord, leading industrial democracies pledged to
coordinate economic policies to foster currency stability, with
the surplus countries, West Germany and Japan, stimulating
their economies and the U.S. promising to cut its budget
deficit.
West German government sources said rising West German
money market rates could not be seen as a breach of the Louvre
pact. They were rather a direct reaction to higher interest
rates in the United States. U.S. Bond yields have been rising
since May on inflationary fears and in early September the Fed
raised the discount rate to 6.00 pct from 5.50.
German yields have also risen over this period, but less
markedly, and since late September the Bundesbank has nudged up
short-term rates by changing the terms on its security
repurchase pacts, its principal instrument for steering the
money market.
The allocation rate on the last facility was 3.85 pct,
compared with 3.60 pct. This was partly due to West Germany's
inability to uncouple itself from U.S. interest rate trends,
but also reflected concern among monetary conservatives in the
Bundesbank central bank council about excessive monetary
growth, which raised fears of domestically produced inflation,
bank economists said.
This monetary tightening reflected a switch from the
pragmatic line pursued by Bundesbank President Karl Otto Poehl
since early this year to stabilise the mark externally, to the
more cautious approach of Vice President Helmut Schlesinger.
In an apparent gesture to Baker, coinciding with his visit,
the Bundesbank repeatedly added money market liquidity this
morning. Dealers said this was clearly a move to appease U.S.
anger over the most recent West German interest rate rises.
'They (the Bundesbank) just don't want to come too much
under American fire,' said Chris Zwermann, currency adviser at
Swiss Bank Corp here.
'It seems to me that this is the Bundesbank beating quite a
significant retreat from its position,' added Giles Keating,
economist at Credit Suisse First Boston Ltd in London.
The significance that retreat will emerge from the terms of
the Bundesbank's next tender for a securities repurchase pact
on Tuesday, and its result on Wednesday, money market
economists said.
Today's injection of liquidity shows that the Bundesbank
does not want a further strong rise in the tender allocation
rate, which is likely to turn out at between 3.80 and 3.90 pct,
little changed from the 3.85 pct on the last facility.
The Bundesbank and Finance Ministry had given no indication
that the meeting would take place, although the Finance
Ministry spokesman said it had been arranged last week.
Earlier on Monday the Finance Ministry spokesman, asked to
comment on the apparent U.S.-German clash over the Louvre
accord, went no further than quoting Stoltenberg as saying he
assumed monetary cooperation would continue.
The spokesman said he believed Baker had already left West
Germany for Sweden on Monday. This week he is also due to visit
Denmark and Belgium.
|
test/20869 | test/20869 |@title ex:1 arco:1 arc:1 chief:1 see:1 energy:1 crisis:1 1990:1 |@word dwindle:1 global:1 crude:1 oil:9 reserve:3 lack:1 major:3 new:1 discovery:3 recent:1 year:4 send:1 world:6 energy:1 crisis:1 1990:1 former:1 atlantic:1 richfield:1 co:2 chairman:1 robert:1 anderson:4 say:5 go:3 come:1 sooner:1 anyone:1 think:1 tell:1 reporter:1 address:1 houston:1 business:1 lunch:1 believe:1 see:1 change:1 market:1 two:1 three:1 become:1 harder:1 find:1 retire:1 arco:1 last:2 form:1 hondo:1 gas:1 consumption:1 approach:1 60:1 mln:3 barrel:5 day:3 current:1 excess:1 capacity:1 cushion:1 4:1 5:1 rapidly:1 disappear:1 look:1 around:1 could:1 scrape:1 one:1 shut:1 production:1 outside:1 middle:1 east:1 soon:1 right:1 back:1 1973:1 1979:1 predict:1 price:2 would:1 end:1 1987:1 24:1 dlrs:1 continue:1 gradual:1 climb:1 way:1 stay:1 flat:1 enough:1 supply:1 past:1 15:1 20:1 alaska:1 prudhoe:1 bay:1 already:1 produce:1 five:1 billion:1 half:1 estimate:1 | EX-ARCO <ARC> CHIEF SEES ENERGY CRISIS BY 1990
Dwindling global crude oil reserves and
the lack of any major new discoveries in recent years will send
the world into an energy crisis by 1990, the former Atlantic
Richfield Co chairman Robert O. Anderson said.
'It's going to come sooner than anyone thinks,' Anderson
told reporters after addressing a Houston business lunch. 'I
believe we're going to see a change in the world oil markets in
two to three years because oil is becoming harder to find.'
Anderson, who retired from Arco last year to form Hondo Oil
and Gas Co, said world oil consumption is approaching 60 mln
barrels a day but a current excess capacity cushion of about
4.5 mln barrels a day will rapidly disappear.
'If you looked around the world, you could not scrape up
one mln barrels a day in shut-in production outside the Middle
East,' he said. 'We're soon going to be right back where we
were in 1973 and 1979.'
Anderson predicted that world oil prices would end 1987 at
about 24 dlrs a barrel and continue a gradual climb.
'There's no way prices can stay flat because there isn't
enough supply,' he said. 'There have been no major oil
discoveries for the past 15 to 20 years.'
Alaska's Prudhoe Bay oil reserves, the last major world
discovery, has already produced about five billion barrels of
oil or more than half of its estimated reserves, he said.
|
test/20878 | test/20878 |@title venezuela:1 back:1 increase:1 ecuador:1 opec:1 quota:1 |@word venezuela:1 back:1 ecuador:4 bid:1 raise:1 opec:2 quota:5 221:2 000:2 barrel:1 per:1 day:1 bpd:2 justifiable:1 demand:1 venezuelan:1 energy:1 minister:1 arturo:1 hernandez:2 grisanti:2 say:3 monday:1 tell:1 reporter:1 country:2 deserve:1 high:2 compensation:1 five:2 month:2 force:1 suspend:1 oil:1 production:1 main:1 pipeline:1 destroy:1 earthquake:1 last:1 march:1 period:1 exercise:1 right:2 produce:1 recognize:1 increase:2 basis:1 justice:1 petition:1 add:2 however:1 gradual:1 avoid:1 harm:1 market:1 understand:1 would:1 formally:1 submit:1 request:1 next:1 ministerial:1 conference:1 organization:1 petroleum:1 exporting:1 countries:1 opening:1 december:1 9:1 vienna:1 | VENEZUELA BACKS INCREASE IN ECUADOR OPEC QUOTA
Venezuela will back Ecuador's bid to
raise its OPEC quota above 221,000 barrels per day (bpd)
because it is a justifiable demand, Venezuelan Energy Minister
Arturo Hernandez Grisanti said on Monday.
He told reporters the country deserved a higher quota in
compensation for the five months it was forced to suspend oil
production when its main pipeline was destroyed by an
earthquake last March.
'For this five-month period, Ecuador did not exercise its
right to produce 221,000 bpd,' he said. 'We should recognize
Ecuador's right to increase its quota ... There is a basis of
justice in that country's petition.'
He added however, the quota increase should be gradual to
avoid harming the market, he added.
Hernandez Grisanti said he understood Ecuador would
formally submit the request for a higher quota at the next
ministerial conference of the Organization of Petroleum
Exporting Countries (OPEC) opening December 9 in Vienna.
|
test/20879 | test/20879 |@title capitol:1 bancorp:1 capb:1 3rd:1 qtr:1 net:1 |@word shr:1 profit:4 1:2 07:1 dlrs:2 vs:3 loss:2 19:1 net:2 3:3 326:1 000:4 446:1 nine:2 mth:1 9:1 714:1 665:1 note:1 late:1 prior:1 month:1 per:1 share:1 amount:1 give:1 | CAPITOL BANCORP <CAPB.O> 3RD QTR NET
Shr profit 1.07 dlrs vs loss 1.19 dlrs
Net profit 3,326,000 vs loss 3,446,000
Nine mths
Net profit 9,714,000 vs profit 3,665,000
NOTE: Latest and prior nine month per share amounts not
given.
|
test/20881 | test/20881 |@title u:2 n:1 claim:1 self:1 defense:1 gulf:1 attack:1 |@word united:8 states:6 invoke:1 right:2 self:2 defense:2 destroy:2 iranian:4 oil:1 platform:2 gulf:4 american:2 delegation:1 tell:1 nations:2 lieutenant:1 general:3 vernon:1 walters:3 send:1 letter:1 incident:1 security:2 council:2 president:1 maurizio:1 bucci:1 delegate:1 italy:1 secretary:3 javier:1 perez:1 de:1 cuellar:1 u:1 n:1 press:1 francois:1 giuliani:1 say:4 comment:1 attack:3 follow:1 appeal:1 last:2 friday:2 restraint:1 crisis:1 pursue:1 effort:1 obtain:1 ceasefire:1 iran:2 iraq:1 explanation:1 walter:1 take:2 defensive:2 action:3 response:2 ship:2 cite:1 silkworm:1 missile:1 strike:1 kuwait:1 water:1 flag:2 sea:1 isle:1 city:1 military:1 force:2 engage:1 variety:1 nonbelligerent:1 vessel:2 plane:1 accordance:1 article:1 51:1 charter:1 wish:1 behalf:1 government:1 report:1 exercise:1 inherent:1 internation:1 law:1 member:1 meet:1 behind:1 closed:1 door:1 monday:1 discuss:1 development:1 war:1 statement:1 issue:1 afterwards:1 | U.S., AT U.N., CLAIMS SELF-DEFENSE FOR GULF ATTACK
The United States invoked the right
of self-defense in destroying an Iranian oil platform in the
Gulf, the American delegation told the United Nations.
Lieutenant General Vernon Walters sent letters about the
incident to Security Council President Maurizio Bucci, the
delegate of Italy, and Secretary General Javier Perez de
Cuellar.
U.N. press secretary Francois Giuliani said the Secretary
General had no comment on the attack, which followed his appeal
last Friday for restraint in the crisis while he pursued
efforts to obtain a ceasefire between Iran and Iraq.
In his explanation, Walters said the United States took
defensive action in response to an Iranian attack against
American ships in the Gulf.
He cited an Iranian Silkworm missile strike last Friday in
Kuwait waters against the United States-flag ship Sea Isle
City.
Walters said that military forces on the destroyed Iranian
platform had engaged in a variety of actions against United
States-flag and other nonbelligerent vessels and planes.
'In accordance with Article 51 of the United Nations
(Charter), I wish, on behalf of my government, to report that
United States forces have exercised the inherent right of
self-defense under internation law by taking defensive action
in response to attacks by . . . Iran against United States
vessels in the Gulf,' Walters said.
Members of the Security Council met behind closed doors on
Monday to discuss developments in the Gulf war, but no
statement was issued afterwards.
|
test/20882 | test/20882 |@title france:1 say:1 u:1 right:1 strike:1 |@word france:1 voice:1 comprehension:1 u:2 attack:4 iranian:4 target:2 call:1 swift:1 halt:2 gulf:2 war:1 avoid:2 escalation:2 french:3 authority:1 reaffirm:1 attachment:1 freedom:1 security:1 navigation:1 right:1 state:1 take:1 action:1 international:1 law:1 united:2 nations:1 charter:1 october:1 16:1 foreign:1 ministry:1 spokesman:1 say:3 statement:3 states:1 force:1 destroy:1 oil:1 platform:3 strike:1 second:1 monday:1 retaliation:1 recent:1 missile:1 flag:1 kuwaiti:1 ship:2 washington:1 use:1 monitor:1 shipping:1 launch:1 small:1 boat:1 describe:1 military:2 add:1 everything:1 must:1 development:1 lead:1 new:1 conflict:1 | FRANCE SAYS U.S. HAD RIGHT TO STRIKE
France voiced its comprehension for a U.S.
Attack on an Iranian target while calling for a swift halt to
the Gulf War to avoid further escalation.
'The French authorities reaffirm their attachment to the
freedom and security of navigation and to the right of all
states to take action under international law and the United
Nations charter to halt attacks such as that of October 16,' the
Foreign Ministry spokesman said in a statement.
The United States said its forces destroyed an Iranian oil
platform in the Gulf and struck at a second on Monday in
retaliation for a recent Iranian missile attack on a
U.S.-flagged Kuwaiti ship.
Washington said the platforms were used to monitor shipping
and to launch small-boat attacks on shipping. The French
statement described the target as 'an Iranian military platform.'
But the French statement added that 'everything must be done
now to avoid that these military developments lead to a new
escalation of the conflict.'
|
test/20883 | test/20883 |@title potash:1 co:1 america:1 inc:1 nine:1 mths:1 loss:1 |@word shr:1 loss:2 1:3 73:1 dlrs:1 vs:3 nil:1 net:1 16:1 3:1 mln:3 profit:1 2:1 206:1 000:1 sale:1 69:1 29:1 note:1 per:1 share:1 payment:1 preferred:1 dividend:1 | <POTASH CO OF AMERICA INC> NINE MTHS LOSS
Shr loss 1.73 dlrs vs nil
Net loss 16.3 mln vs profit 2,206,000
Sales 69.1 mln vs 29.1 mln
Note: per share is after payment of preferred dividends.
|
test/20885 | test/20885 |@title jepson:1 corp:1 jeps:1 3rd:1 qtr:1 net:1 |@word shr:2 22:2 ct:5 vs:8 20:1 net:2 4:2 033:1 000:3 3:3 398:1 sale:2 125:1 mln:11 99:1 1:1 avg:2 shrs:2 18:1 17:3 5:2 nine:2 mth:2 89:1 78:1 15:1 9:1 13:1 6:1 413:1 7:1 345:1 0:1 8:1 note:1 1987:1 3rd:1 qtr:1 per:1 share:2 reflect:1 issuance:1 two:1 initial:1 public:1 offering:1 1986:1 result:1 include:1 extraordinary:1 gain:1 843:1 dlrs:1 | JEPSON CORP <JEPS.O> 3RD QTR NET
Shr 22 cts vs 20 cts
Net 4,033,000 vs 3,398,000
Sales 125.3 mln vs 99.1 mln
Avg shrs 18.4 mln vs 17.5 mln
Nine mths
Shr 89 cts vs 78 cts
Net 15.9 mln vs 13.6 mln
Sales 413.7 mln vs 345.0 mln
Avg shrs 17.8 mln vs 17.5 mln
NOTE:1987 3rd qtr per share reflects issuance of two mln
shares in initial public offering. 1986 nine mth results
include extraordinary gain of 3,843,000 dlrs or 22 cts
|
test/20887 | test/20887 |@title fifth:1 third:1 fitb:1 merge:1 c:1 h:1 |@word fifth:3 third:3 bancorp:5 c:3 h:3 say:3 reach:1 preliminary:1 agreement:2 merge:1 asset:1 257:1 mln:2 dlrs:1 parent:1 company:2 citizens:1 heritage:1 bank:1 n:1 call:1 one:2 share:3 exchange:1 base:1 financial:1 expectation:1 dilution:1 per:1 earning:1 merger:1 negligible:1 | FIFTH THIRD <FITB.O> TO MERGE WITH C AND H
Fifth Third Bancorp and <C and H
Bancorp> said they reached a preliminary agreement to merge.
C and H Bancorp has assets of 257 mln dlrs and is the parent
company of Citizens Heritage Bank N.A.
The companies said the agreement calls for each of the
about one mln shares of C and H Bancorp to be exchanged for one
share of Fifth Third Bancorp. Based on its financial
expectations, Fifth Third said the dilution in per share
earnings for the merger will be negligible.
|
test/20888 | test/20888 |@title banking:1 center:1 tbcx:1 3rd:1 qtr:1 net:1 |@word shr:2 25:1 ct:2 vs:4 na:2 net:2 3:1 081:1 000:3 2:1 063:1 nine:1 mth:1 86:1 10:1 5:1 mln:1 6:1 966:1 note:1 year:1 ago:1 per:1 share:1 amount:2 available:1 bank:1 convert:1 stock:1 ownership:1 august:1 13:1 1986:2 1987:1 include:1 operation:2 burgdoff:1 realtor:1 acquire:1 december:1 | BANKING CENTER <TBCX.O> 3RD QTR NET
Shr 25 cts vs NA
Net 3,081,000 vs 2,063,000
Nine mths
Shr 86 cts vs NA
Net 10.5 mln vs 6,966,000
NOTE: Year-ago per share amounts not available as bank
converted to stock ownership August 13, 1986.
1987 amounts include operations of Burgdoff Realtors
acquired during December 1986 and other operations.
|
test/20890 | test/20890 |@title u:1 lawmaker:1 support:1 gulf:1 action:1 |@word american:3 lawmaker:1 rally:1 behind:1 president:1 reagan:2 u:2 strike:2 iranian:3 target:1 gulf:2 attack:3 fuel:1 sharp:1 new:2 white:1 house:1 congress:2 debate:1 limit:1 power:1 make:1 war:4 pentagon:1 announce:1 monday:1 warship:1 destroy:1 non:1 produce:1 oil:2 platform:1 use:1 monitor:1 ship:2 traffic:1 military:1 operation:1 also:1 raid:1 second:1 rig:1 retaliation:1 early:1 kuwaiti:1 fly:1 flag:1 many:1 democrats:2 control:1 republicans:2 express:1 support:1 praise:1 appropriate:1 measured:1 response:1 liberal:1 voice:1 fear:1 grow:1 confrontation:1 tehran:1 united:1 states:1 could:2 erupt:1 major:1 demand:1 comply:1 1973:1 powers:1 act:1 lead:1 pullout:1 force:1 waterway:1 contend:1 necessary:1 must:1 realize:1 word:1 easily:1 construe:1 tacit:1 endorsement:1 iran:1 say:1 sen:1 mark:1 hatfield:1 oregon:1 republican:1 | U.S. LAWMAKERS SUPPORT GULF ACTION
American lawmakers rallied behind
President Reagan for the U.S. strike against Iranian targets in
the Gulf but the attack fueled a sharp new White House-Congress
debate over limits on his powers to make war.
The Pentagon announced on Monday that U.S. warships
destroyed a non-producing oil platform used for monitoring Gulf
ship traffic and military operations, and also raided a second
Iranian oil rig in retaliation for an earlier Iranian attack on
a Kuwaiti ship flying the American flag.
Many Democrats, who control Congress, and Republicans
expressed support for the attack and praised it as an
appropriate 'measured response.'
But Democrats and liberal Republicans voiced new fears that
the growing confrontation between Tehran and the United States
could erupt into a major war, and demanded that Reagan comply
with the 1973 War Powers Act, which could lead to a pullout of
American forces from the waterway.
'Those who contend the strike was necessary must realize
their words are easily construed as a tacit endorsement of war
with Iran,' said Sen Mark Hatfield of Oregon, a Republican.
|
test/20893 | test/20893 |@title lawson:1 welcome:1 reaffirmation:1 louvre:1 accord:1 u:1 k:1 |@word chancellor:1 exchequer:1 nigel:1 lawson:2 welcome:2 monday:1 reaffirmation:1 u:2 west:3 germany:2 louvre:2 accord:2 aim:1 stabilise:2 currency:2 office:1 say:3 outcome:1 meeting:3 treasury:1 secretary:1 james:1 baker:2 bundesbank:1 president:1 karl:1 otto:1 poehl:1 german:1 finance:2 minister:1 gerhard:1 stoltenberg:2 frankfurt:1 bonn:1 ministry:1 spokesman:1 quote:1 confident:1 foreign:1 could:1 around:1 current:1 level:1 come:1 criticise:1 increase:1 key:1 interest:1 rate:1 line:1 last:1 february:1 | LAWSON WELCOMES REAFFIRMATION OF LOUVRE ACCORD
U.K. Chancellor of the Exchequer Nigel
Lawson welcomed on Monday the reaffirmation by the U.S. And
West Germany of the Louvre accord aimed at stabilising
currencies.
His office said Lawson had welcomed the outcome of a
meeting between U.S. Treasury Secretary James Baker, Bundesbank
President Karl Otto Poehl, and West German Finance Minister
Gerhard Stoltenberg in Frankfurt.
After the meeting, a Bonn finance ministry spokesman quoted
Stoltenberg as saying he was confident that foreign currencies
could be stabilised at around current levels.
The meeting came after Baker criticised West Germany for
increasing key interest rates, saying they were not in line
with last February's Louvre accord.
|
test/20894 | test/20894 |@title sun:1 state:1 saving:1 sssl:1 3rd:1 qtr:1 net:1 |@word shr:2 28:1 ct:3 vs:9 46:1 net:2 1:2 634:1 000:8 2:3 007:1 avg:2 shrs:2 5:3 850:2 4:5 400:2 nine:1 mth:1 82:1 77:1 dlrs:1 788:1 7:1 792:1 loan:2 586:1 9:1 mln:6 481:1 deposit:1 697:1 606:1 asset:1 797:1 683:1 note:1 full:1 name:1 sun:1 state:1 savings:1 association:1 | SUN STATE SAVINGS <SSSL.O> 3RD QTR NET
Shr 28 cts vs 46 cts
Net 1,634,000 vs 2,007,000
Avg shrs 5,850,000 vs 4,400,000
Nine Mths
Shr 82 cts vs 1.77 dlrs
Net 4,788,000 vs 7,792,000
Avg shrs 5,850,000 vs 4,400,000
Loans 586.9 mln vs 481.5 mln
Deposits 697.4 mln vs 606.2 mln
Assets 797.2 mln vs 683.4 mln
Note: Full name Sun State Savings and Loan Association.
|
test/20896 | test/20896 |@title california:1 water:1 service:1 co:1 cwtr:1 3rd:1 qtr:1 |@word shr:2 2:3 10:2 dlrs:4 vs:6 1:1 83:2 net:2 5:3 919:1 000:4 168:1 revs:2 35:1 0:1 mln:5 34:1 3:2 nine:2 mth:2 09:1 55:1 14:1 391:1 099:1 88:1 7:1 note:1 curent:1 figure:1 include:1 dlr:1 79:1 ct:1 per:1 share:1 gain:1 result:1 change:1 accounting:1 method:1 unbilled:1 revenue:1 | CALIFORNIA WATER SERVICE CO <CWTR.O> 3RD QTR
Shr 2.10 dlrs vs 1.83 dlrs
Net 5,919,000 vs 5,168,000
Revs 35.0 mln vs 34.3 mln
Nine Mths
Shr 5.09 dlrs vs 3.55 dlrs
Net 14,391,000 vs 10,099,000
Revs 88 mln vs 83.7 mln
Note: Curent nine mth figures include 2.2 mln dlr, or 79
cts per share, gain resulting from change in accounting method
for unbilled revenues.
|
test/20898 | test/20898 |@title great:1 atlantic:1 gap:1 withdraws:1 dechamp:1 bid:1 |@word great:1 atlantic:1 pacific:1 tea:1 co:1 inc:2 say:2 withdraw:2 offer:3 acquire:2 delchamps:2 dlch:1 27:1 dlrs:2 share:1 175:1 mln:1 make:2 earlier:1 month:1 michael:1 rourke:1 p:2 vice:1 president:1 company:1 respond:1 favorably:1 market:1 condition:1 would:2 comment:1 whether:1 another:1 delchamp:1 | GREAT ATLANTIC <GAP> WITHDRAWS DECHAMPS BID
The Great Atlantic and Pacific Tea
Co Inc said it withdrew its offer to acquire Delchamps Inc
<DLCH.O> for 27 dlrs a share or about 175 mln dlrs, which was
made earlier this month.
Michael Rourke, A and P vice president, said the company
withdrew the offer because Delchamps did not respond favorably
to it and because of market conditions.
He would not comment on whether A and P would make another
offer to acquire Delchamps.
|
test/20900 | test/20900 |@title american:1 fructose:1 corp:1 afc:1 3rd:1 qtr:1 net:1 |@word shr:2 38:1 ct:5 vs:6 52:1 net:2 3:1 980:1 000:5 5:2 524:1 revs:2 37:1 4:2 mln:5 44:1 8:1 nine:2 mth:2 76:1 99:1 7:1 983:1 10:1 100:1 123:1 6:1 note:1 1987:1 qtr:1 include:1 loss:1 9:1 dlrs:2 432:1 four:1 per:1 share:1 repurchase:1 retirment:1 debt:1 | AMERICAN FRUCTOSE CORP <AFC> 3RD QTR NET
Shr 38 cts vs 52 cts
Net 3,980,000 vs 5,524,000
Revs 37.4 mln vs 44.8 mln
Nine mths
Shr 76 cts vs 99 cts
Net 7,983,000 vs 10.5 mln
Revs 100.4 mln vs 123.6 mln
NOTE: 1987 qtr and nine mths includes loss 9,000 dlrs and
432,000 dlrs, or four cts per share, from repurchase and
retirment of debt.
|
test/20901 | test/20901 |@title great:2 atlantic:2 pacific:2 tea:2 co:2 say:2 withdraw:2 offer:2 buy:2 delchamps:2 inc:2 |@word | GREAT ATLANTIC AND PACIFIC TEA CO SAID IT WITHDREW ITS OFFER TO BUY DELCHAMPS INC
GREAT ATLANTIC AND PACIFIC TEA CO SAID IT WITHDREW ITS OFFER TO BUY DELCHAMPS INC
|
test/20902 | test/20902 |@title italy:1 worry:1 rise:1 tension:1 gulf:1 attack:1 |@word italian:2 prime:2 minister:2 giovanni:1 goria:3 tell:1 cabinet:2 monday:1 worried:1 increase:2 tension:2 gulf:4 say:4 america:1 retaliation:1 iran:1 limit:1 statement:2 issue:1 meeting:1 inform:1 united:1 states:1 would:2 take:1 action:2 iranian:1 target:1 know:1 beforehand:1 involve:1 attack:3 oil:1 platform:2 express:1 concern:1 possible:1 consequence:1 time:2 recognize:1 limited:1 character:1 american:1 military:1 reaction:1 suffer:1 past:1 day:1 italy:2 ship:2 far:1 fleet:1 advise:1 follow:1 event:1 caution:1 send:1 eight:1 include:1 three:2 frigate:1 minesweeper:1 protect:1 merchant:1 shipping:1 | ITALY WORRIED AT RISING TENSION AFTER GULF ATTACK
Italian Prime Minister Giovanni Goria told
the cabinet on Monday he was worried about the increased
tension in the Gulf, but said America's retaliation against
Iran had been limited.
A statement issued after a cabinet meeting said Goria had
been informed by the United States that it would take action
against an Iranian target in the Gulf, but had not known
beforehand that the action would involve an attack on an oil
platform.
'The prime minister expressed his concern over the possible
consequences of increased tension in the Gulf, at the same time
recognizing the limited character of the American military
reaction to the attacks it has suffered in the past few days,'
the statement said.
Goria said Italy's own ships were far from the platform at
the time of the attack and the fleet had been advised to follow
events with caution.
Italy has sent eight ships, including three frigates and
three minesweepers, to the Gulf to protect Italian merchant
shipping there.
|
test/20904 | test/20904 |@title h:1 belo:1 corp:1 blc:1 3rd:1 qtr:1 net:1 |@word shr:2 59:1 ct:2 vs:8 27:1 net:2 6:1 398:1 000:2 2:4 979:1 revs:2 91:1 0:1 mln:10 94:1 1:4 avg:2 shrs:2 10:2 8:1 11:2 nine:1 mth:1 58:1 dlrs:2 06:1 17:1 12:1 279:1 7:1 289:1 9:1 4:1 | A.H. BELO CORP <BLC> 3RD QTR NET
Shr 59 cts vs 27 cts
Net 6,398,000 vs 2,979,000
Revs 91.0 mln vs 94.1 mln
Avg shrs 10.8 mln vs 11.2 mln
Nine mths
Shr 1.58 dlrs vs 1.06 dlrs
Net 17.2 mln vs 12.2 mln
Revs 279.7 mln vs 289.1 mln
Avg shrs 10.9 mln vs 11.4 mln
|
test/20905 | test/20905 |@title media:1 general:1 mega:1 family:1 sell:1 share:1 |@word media:2 general:2 inc:1 chairman:1 tennant:1 bryant:3 say:2 family:2 would:2 sell:2 control:4 share:4 block:1 impossible:1 investor:2 group:3 lead:1 giant:1 ltd:1 gain:1 company:2 include:1 barris:1 industries:1 brr:1 recently:1 report:1 acquire:1 9:1 8:1 pct:3 stake:1 class:3 may:1 seek:1 stock:1 elect:2 30:1 board:1 remain:1 70:1 b:1 two:1 third:1 trust:1 intention:1 | MEDIA GENERAL <MEGA> FAMILY WONT SELL SHARES
Media General Inc's chairman, D.
Tennant Bryant, said his family would not sell its controlling
share block, so it would be impossible for an investor group
led by <Giant Group Ltd> to gain control of the company.
The investor group, which includes Barris Industries
<BRRS.O>, recently reported that it acquired a 9.8 pct stake of
Media General's class A shares and might seek control.
Bryant said the company's class A stock elects only 30 pct
of the board, with the remaining 70 pct being elected by class
B shares, two-thirds of which are controlled by the Bryant
family trust, which has no intention of selling its shares.
|
test/20907 | test/20907 |@title bonn:1 confident:1 maintain:1 currency:1 stability:1 u:1 |@word treasury:1 secretary:1 james:1 baker:3 meet:1 west:4 german:3 finance:2 minister:1 gerhard:1 stoltenberg:3 bundesbank:1 president:1 karl:1 otto:1 poehl:2 frankfurt:1 monday:3 bonn:1 ministry:1 spokesman:4 say:4 meeting:3 quote:1 confident:1 foreign:1 currency:2 could:1 stabilise:1 around:1 current:1 level:1 come:1 criticise:1 germany:1 increase:1 short:1 term:1 money:3 market:3 interest:2 rate:2 rise:2 line:1 spirit:1 louvre:2 accord:1 aim:1 stabilize:1 u:1 dollar:1 last:2 february:1 arrange:1 week:1 agree:2 pursue:1 policy:2 pact:1 reference:1 stability:1 monetary:2 earlier:1 bundesbnak:1 inject:1 liquidity:1 move:1 dealer:1 interpret:1 attempt:1 authority:1 curb:1 describe:1 talk:1 call:1 private:1 positive:1 | BONN CONFIDENT OF MAINTAINING CURRENCY STABILITY
U.S. Treasury Secretary James Baker met West
German Finance Minister Gerhard Stoltenberg and Bundesbank
President Karl Otto Poehl in Frankfurt on Monday, a Bonn
Finance Ministry spokesman said.
After the meeting the spokesman quoted Stoltenberg as
saying he was confident that foreign currencies could be
stabilised at around current levels.
The meeting came after Baker criticised West Germany for
increasing short-term money market interest rates. He had said
the rise was not in line with the spirit of the Louvre accord
aimed at stabilizing the U.S. dollar last February.
The meeting had been arranged last week, the spokesman
said. Baker, Stoltenberg and Poehl had agreed to pursue the
policies agreed under the Louvre pact with reference to
currency stability and monetary policy.
Earlier on Monday the Bundesbnak injected liquidity into
the West German money market in a move which money market
dealers interpreted as an attempt by the West German monetary
authority to curb interest rate rises.
The spokesman described Monday's talks, which he called
private, as very positive.
|
test/20909 | test/20909 |@title iran:1 foreign:1 minister:1 tell:1 cuba:1 gulf:1 situation:1 |@word iranian:2 foreign:2 minister:1 ali:1 akbar:1 velayati:2 two:1 day:1 official:2 visit:2 inform:1 cuban:2 ministry:1 monday:2 tense:1 situation:1 gulf:1 diplomatic:1 source:1 say:2 envoy:1 trip:1 follow:1 tuesday:1 nicaragua:1 could:2 link:1 possible:1 mediation:1 non:1 aligned:1 movement:1 seven:1 year:1 old:1 iran:1 iraq:1 war:1 rule:1 prominent:1 role:1 reach:1 comment:1 u:1 attack:1 abandon:1 oil:1 rig:1 tehran:1 vow:1 avenge:1 | IRAN FOREIGN MINISTER TELLS CUBA OF GULF SITUATION
Iranian foreign minister ali akbar
velayati, here on a two-day official visit, informed cuban
foreign ministry officials on monday on the tense situation in
the gulf, diplomatic sources said.
They said the envoy's trip, to be followed from tuesday by
a visit to nicaragua, could be linked to a possible mediation
of the non-aligned movement in the seven-year-old iran-iraq war
but they ruled out any prominent cuban role in it.
Velayati could not be reached for comment on the U.S.
Attack on an abandoned iranian oil rig on monday which tehran
vowed to avenge.
|
test/20910 | test/20910 |@title cleveland:1 cliffs:1 inc:1 clf:1 3rd:1 qtr:1 net:1 |@word shr:2 loss:9 nine:5 ct:2 vs:6 1:2 03:1 dlrs:6 net:2 profit:1 100:1 000:1 11:1 6:3 mln:11 revs:2 125:1 2:3 71:1 8:2 mth:4 46:1 98:1 26:1 9:2 5:2 355:1 4:1 215:1 note:1 1987:3 qtr:1 include:4 non:1 recur:1 tax:4 charge:2 due:1 almost:1 entirely:1 company:2 recent:1 buyout:1 tilden:1 mine:1 debt:1 obligation:1 23:1 7:1 pre:3 reduce:1 carry:1 value:1 17:1 land:1 drilling:1 rig:1 gain:2 sale:2 uranium:1 reserve:1 1986:1 20:1 iron:1 ore:1 interest:1 western:1 australia:1 | CLEVELAND-CLIFFS INC <CLF> 3RD QTR NET
Shr loss nine cts vs loss 1.03 dlrs
Net profit 100,000 vs loss 11.6 mln
Revs 125.2 mln vs 71.8 mln
Nine mths
Shr loss 2.46 dlrs vs loss 98 cts
Net loss 26.9 mln vs loss 8.5 mln
Revs 355.4 mln vs 215.6 mln
NOTE: 1987 qtr includes loss 5.9 mln dlrs non-recurring
after-tax charges due almost entirely to the company's recent
buyout of its Tilden Mine debt obligations.
1987 nine mths includes loss 23.7 mln dlrs pre-tax charge
to reduce the carrying value of the company's 17 land drilling
rigs.
1987 nine mths includes pre-tax gain 1.2 mln dlrs on sale
of uranium reserves.
1986 nine mths includes pre-tax gain 20.6 mln dlrs on sale
of iron ore interest in western Australia.
|
test/20911 | test/20911 |@title us:1 tropical:1 oil:1 labeling:1 plan:1 suffer:1 defeat:1 |@word proposal:5 require:1 import:3 tropical:3 oil:5 label:2 saturate:4 fat:4 suffer:1 narrow:1 possibly:1 debilitate:1 defeat:1 u:4 senate:2 agriculture:1 committee:2 reject:1 10:1 8:1 vote:2 virtually:1 snuff:1 soybean:3 producer:1 hope:1 plan:1 would:4 adopt:1 year:1 similar:1 make:1 headway:1 house:1 sen:2 tom:1 harkin:1 iowa:1 offer:1 amendment:1 farm:1 spending:1 reduction:1 package:1 see:2 trade:3 issue:1 give:1 american:2 consumer:1 information:1 need:1 say:3 proponent:1 measure:2 include:1 association:1 claim:1 palm:2 kernel:1 coconut:1 high:2 contribute:1 heart:1 disease:1 industry:1 believe:1 indicate:1 discourage:1 consumption:1 primarily:1 malaysia:2 indonesia:2 philippines:2 richard:1 lugar:1 r:1 ind:1 read:1 letter:2 representative:1 clayton:1 yeutter:2 blatantly:1 discriminate:1 impossible:1 defend:1 international:1 law:1 harm:1 relation:1 also:1 americans:1 derive:1 meat:1 dairy:1 product:1 relatively:1 little:1 largely:1 along:1 party:1 line:1 three:1 democrats:1 join:1 seven:1 republican:1 oppose:1 | US TROPICAL OIL LABELING PLAN SUFFERS DEFEAT
A proposal to require imported
tropical oils to be labeled as saturated fats suffered a narrow
and possibly debilitating defeat in the U.S. Senate.
The Senate Agriculture Committee rejected the proposal by a
10-8 vote, virtually snuffing out U.S. soybean producers' hopes
the plan would be adopted this year.
A similar proposal has made no headway in the House.
Sen. Tom Harkin (D-Iowa) offered the proposal as an
amendment to a farm spending reduction package.
'I don't see this as a trade issue. I see it as giving
American consumers the information they need,' he said.
Proponents of the measure, including the American Soybean
Association, have claimed palm, palm kernel and coconut oils
are high in saturated fat and can contribute to heart disease.
The U.S. soybean industry believes labels indicating
tropical oils are high in saturated fats would discourage
consumption of the oils, imported primarily from Malaysia,
Indonesia and the Philippines.
But Sen. Richard Lugar (R-Ind.) read a letter from U.S.
Trade Representative Clayton Yeutter, who said the proposal
'blatantly discriminates' against imports, would be impossible to
defend under international trade law and would harm relations
with the Philippines, Malaysia and Indonesia.
Yeutter's letter also said Americans derive most of their
saturated fats from meat and dairy products and relatively
little from tropical oils.
The committee voted largely along party lines, with three
Democrats joining seven Republicans to oppose the measure.
|
test/20913 | test/20913 |@title cade:2 industries:1 inc:1 3rd:1 qtr:1 net:1 |@word shr:2 three:1 ct:5 vs:7 two:1 net:2 456:1 000:4 272:1 sale:2 15:1 mln:7 14:1 4:2 nine:1 mth:1 six:1 23:1 992:1 3:2 812:1 41:1 1:1 45:1 order:1 backlog:1 46:1 24:1 note:1 1986:1 figure:1 include:1 gain:1 2:1 9:1 dlr:1 17:1 share:1 life:1 insurance:1 proceed:1 | CADE INDUSTRIES INC <CADE.O> 3RD QTR NET
Shr three cts vs two cts
Net 456,000 vs 272,000
Sales 15 mln vs 14.4 mln
Nine mths
Shr six cts vs 23 cts
Net 992,000 vs 3,812,000
Sales 41.1 mln vs 45.4 mln
Order backlog 46 mln vs 24.3 mln
Note: 1986 figures include a gain of 2.9 mln dlr or 17 cts
a share from life insurance proceeds.
|
test/20915 | test/20915 |@title abitibi:1 price:1 inc:1 aib:1 3rd:1 qtr:1 oper:1 net:1 |@word oper:4 shr:2 45:1 ct:2 vs:6 42:1 net:2 33:1 0:1 mln:7 31:1 1:5 revs:2 749:1 8:1 716:1 5:1 nine:2 mth:2 23:1 dlrs:3 11:1 91:1 81:1 3:2 2:4 billion:2 note:1 prior:1 qtr:1 exclude:1 loss:1 due:1 discontinue:1 operation:1 | ABITIBI-PRICE INC <AIB.TO> 3RD QTR OPER NET
Oper shr 45 cts vs 42 cts
Oper net 33.0 mln vs 31.1 mln
Revs 749.8 mln vs 716.5 mln
Nine mths
Oper shr 1.23 dlrs vs 1.11 dlrs
Oper net 91.1 mln vs 81.3 mln
Revs 2.2 billion vs 2.1 billion
NOTE: Prior nine mths and qtr excludes loss of 2.3 mln dlrs
due to discontinued operations.
|
test/20917 | test/20917 |@title partnership:1 increase:1 gull:1 gll:1 holding:1 |@word gary:3 associates:2 lp:1 say:3 previously:1 may:1 seek:1 control:1 gull:3 inc:1 increase:1 stake:1 common:2 stock:1 388:1 900:2 share:4 7:2 pct:2 total:1 outstanding:1 previous:1 figure:1 approximately:1 318:1 000:1 6:1 2:1 filing:1 securities:1 exchange:1 commission:1 make:2 net:1 purchase:1 70:1 15:1 dlrs:2 18:1 62:1 associate:1 mention:1 possible:1 takeover:1 attempt:1 report:1 sec:1 | PARTNERSHIP INCREASES GULL <GLL> HOLDINGS
Gary Associates LP, which said
previously it may seek control of Gull Inc, said it increased
its stake in Gull common stock to 388,900 shares, or 7.7 pct of
the total outstanding, from a previous figure of approximately
318,000 shares, or 6.2 pct.
In a filing with the Securities and Exchange Commission,
Gary Associates said it made net purchases of 70,900 Gull
common shares at 15 dlrs to 18.62 dlrs a share.
Gary Associates made no mention of a possible takeover
attempt in its report to the SEC.
|
test/20918 | test/20918 |@title signet:1 banking:1 corp:1 sbk:1 3rd:1 qtr:1 net:1 |@word shr:2 92:1 ct:3 vs:9 91:1 net:2 24:3 1:1 mln:7 22:1 7:3 avg:2 shrs:2 25:2 4:2 8:1 nine:1 mth:1 20:1 2:1 58:1 dlrs:1 6:3 028:1 000:1 62:1 3:2 asset:1 10:2 billion:6 9:1 21:1 deposit:1 32:1 loan:1 52:1 5:1 60:1 | SIGNET BANKING CORP <SBK> 3RD QTR NET
Shr 92 cts vs 91 cts
Net 24.1 mln vs 22.7 mln
Avg shrs 25.4 mln vs 24.8 mln
Nine mths
Shr 20 cts vs 2.58 dlrs
Net 6,028,000 vs 62.7 mln
Avg shrs 25.4 mln vs 24.3 mln
Assets 10.3 billion vs 9.21 billion
Deposits 7.10 billion vs 6.32 billion
Loans 6.52 billion vs 5.60 billion
|
test/20919 | test/20919 |@title unocal:1 ucl:1 raise:1 crude:1 oil:1 post:1 price:1 |@word unocal:2 corp:1 say:2 raise:1 post:1 price:3 u:2 grade:2 crude:1 oil:1 50:1 ct:1 barrel:2 effective:1 october:1 16:1 move:1 bring:1 company:1 pay:1 benchmark:1 west:2 texas:2 intermediate:1 sour:1 19:1 dlrs:1 last:1 change:1 september:1 9:1 | UNOCAL <UCL> RAISES CRUDE OIL POSTED PRICES
Unocal Corp said it raised its posted
prices for most U.S. grades of crude oil by 50 cts a barrel,
effective October 16.
The move brings the price the company will pay for the U.S.
benchmark grade, West Texas Intermediate, and West Texas Sour
to 19 dlrs a barrel.
The price was last changed September 9, Unocal said.
|
test/20920 | test/20920 |@title american:1 management:1 system:1 amsy:1 3rd:1 qtr:1 net:1 |@word shr:2 18:1 ct:4 vs:6 14:1 net:2 1:2 852:1 000:4 488:1 revs:2 44:1 7:1 mln:4 35:1 9:1 nine:1 mth:1 41:1 34:1 4:2 233:1 3:1 512:1 123:1 8:1 98:1 note:1 full:1 name:1 american:1 management:1 systems:1 inc:1 | AMERICAN MANAGEMENT SYSTEMS <AMSY.O> 3RD QTR NET
Shr 18 cts vs 14 cts
Net 1,852,000 vs 1,488,000
Revs 44.7 mln vs 35.9 mln
Nine mths
Shr 41 cts vs 34 cts
Net 4,233,000 vs 3,512,000
Revs 123.8 mln vs 98.4 mln
NOTE: Full Name is American Management Systems Inc.
|
test/20921 | test/20921 |@title media:1 general:2 say:2 giant:2 group:2 affiliate:2 9:2 8:2 pct:2 class:2 common:2 stock:2 medium:1 |@word | MEDIA GENERAL SAYS GIANT GROUP, AFFILIATES HAVE 9.8 PCT OF CLASS A COMMON STOCK
MEDIA GENERAL SAYS GIANT GROUP, AFFILIATES HAVE 9.8 PCT OF CLASS A COMMON STOCK
|
test/20922 | test/20922 |@title delors:1 call:1 g:1 7:1 meeting:1 |@word european:2 community:1 commission:1 president:1 jacques:1 delors:1 call:1 swift:1 convening:1 meeting:1 g:2 7:2 country:1 follow:1 instability:1 today:1 trading:2 world:2 money:1 stock:1 market:2 tell:1 press:1 conference:1 meet:1 discreetly:1 quickly:2 delor:2 say:3 dollar:1 fall:1 mark:1 level:1 around:1 1:1 60:1 monetary:1 system:1 would:1 undergo:1 test:1 fire:1 current:1 problem:1 cause:1 excessive:2 growth:1 financial:1 deregulation:1 failure:1 fundamental:1 economy:1 adapt:1 enough:1 change:1 circumstance:1 profoundly:1 unjust:1 blame:1 recent:1 increase:1 west:1 germany:1 | DELORS CALLS FOR G-7 MEETING
European Community Commission
President Jacques Delors called for a swift convening of a
meeting of the G-7 countries following the instability in
today's trading on world money and stock markets.
He told a press conference here: 'G-7 should meet discreetly
and quickly.'
Delors said if the dollar were to fall further against the
mark to levels around 1.60, the European Monetary System would
undergo a 'test by fire.'
Delors said the current problems in the markets had been
caused by excessive growth in financial trading, excessive
deregulation and the failure of the fundamentals of the world
economy to adapt themselves quickly enough to changing
circumstances.
He said it was 'profoundly unjust' to blame it on recent
increases in West Germany.
|
test/20925 | test/20925 |@title u:2 treasury:1 baker:1 meet:1 west:1 german:1 minister:1 |@word treasury:5 secretary:1 james:1 baker:3 meet:1 west:4 german:1 finance:1 minister:1 gerhard:1 stoltenberg:2 bundesbank:1 president:1 karl:1 otto:1 poehl:1 today:1 germany:3 agree:3 support:1 louvre:3 pact:2 department:2 say:3 describe:1 meeting:2 positive:1 private:1 frankfurt:1 upon:1 last:1 week:2 party:1 continue:1 economic:1 cooperation:2 agreement:2 flexible:1 application:1 include:2 exchange:2 rate:2 stability:3 monetary:1 policy:1 consult:1 g:1 7:1 colleague:1 confident:1 enable:1 foster:1 around:1 current:1 level:1 group:1 seven:1 lead:1 industrial:1 country:1 united:1 states:1 promote:1 currency:1 schedule:1 visit:1 scandinavia:1 belgium:1 earlier:1 refuse:1 release:1 detail:1 travel:1 itinerary:1 cite:1 security:1 consideration:1 | U.S. TREASURY'S BAKER MEETS WEST GERMAN MINISTER
U.S. Treasury Secretary James Baker
met West German Finance Minister Gerhard Stoltenberg and
Bundesbank President Karl Otto Poehl today in West Germany and
agreed to support the Louvre pact, the Treasury Department
said.
The Treasury described the meeting as 'a very positive,
private meeting in Frankfurt, West Germany which had been
agreed upon last week. 'The parties agreed to continue economic
cooperation under the Louvre agreement and its flexible
application including cooperation on exchange rate stability
and monetary policies,' the Treasury said.
The Treasury said Baker and Stoltenberg 'are consulting with
their G-7 colleagues and are confident that this will enable
them to foster exchange rate stability around current levels.'
The Louvre pact is an agreement between the Group of Seven
leading industrial countries including the United States and
West Germany to promote currency stability.
Baker was scheduled to visit Scandinavia and Belgium this
week and the department earlier refused to release details of
his travel itinerary, citing security considerations.
|
test/20926 | test/20926 |@title scicom:1 data:1 scie:1 1st:1 qtr:1 sept:1 30:1 net:1 |@word shr:1 23:1 ct:2 vs:3 18:1 net:1 249:1 920:1 194:1 369:1 revs:1 3:2 752:1 641:1 355:1 563:1 note:1 full:1 name:1 scicom:1 data:1 services:1 ltd:1 | SCICOM DATA <SCIE.O> 1ST QTR SEPT 30 NET
Shr 23 cts vs 18 cts
Net 249,920 vs 194,369
Revs 3,752,641 vs 3,355,563
NOTE: Full name is Scicom Data Services Ltd.
|
test/20927 | test/20927 |@title acc:1 corp:1 3rd:1 qtr:1 net:1 |@word shr:2 profit:6 three:1 ct:4 vs:6 nine:2 net:2 102:1 136:1 307:1 516:1 revs:2 8:2 549:1 182:1 469:1 476:1 mth:1 loss:2 13:1 28:1 458:1 823:1 1:1 014:1 969:1 25:1 5:1 mln:2 24:1 6:1 | <ACC CORP> 3RD QTR NET
Shr profit three cts vs profit nine cts
Net profit 102,136 vs profit 307,516
Revs 8,549,182 vs 8,469,476
Nine mths
Shr loss 13 cts vs profit 28 cts
Net loss 458,823 vs profit 1,014,969
Revs 25.5 mln vs 24.6 mln
|
test/20930 | test/20930 |@title westport:1 bancorp:1 webat:1 3rd:1 qtr:1 net:1 |@word shr:2 19:2 ct:3 vs:4 38:1 net:2 397:1 000:4 788:1 nine:1 mth:1 80:1 1:2 dlrs:1 674:1 2:1 455:1 note:1 company:1 would:1 provide:1 asset:1 deposit:1 loan:1 figure:1 | WESTPORT BANCORP <WEBAT.O> 3RD QTR NET
Shr 19 cts vs 38 cts
Net 397,000 vs 788,000
Nine mths
Shr 80 cts vs 1.19 dlrs
Net 1,674,000 vs 2,455,000
NOTE: Company would not provide assets, deposits, and loans
figures.
|
test/20931 | test/20931 |@title gateway:1 federal:1 savings:1 gatw:1 3rd:1 qtr:1 net:1 |@word shr:2 99:1 ct:1 vs:4 give:5 net:2 1:2 943:1 000:4 nine:2 mth:2 2:3 35:1 dlrs:4 4:1 602:1 note:1 full:1 name:1 gateway:1 federal:1 saving:1 loan:1 association:1 late:2 qtr:1 include:2 tax:2 credit:2 909:1 46:1 cent:1 share:1 330:1 19:1 1986:1 figure:1 company:1 go:1 public:1 june:1 1987:1 | GATEWAY FEDERAL SAVINGS <GATW.O> 3RD QTR NET
Shr 99 cts vs not given
Net 1,943,000 vs not given
Nine mths
Shr 2.35 dlrs vs not given
Net 4,602,000 vs not given
NOTE: Full name is Gateway Federal Savings and Loan
Association. Latest qtr includes a tax credit of 909,000 dlrs
or 46 cents a share. Latest nine mths includes a tax credit of
2,330,000 dlrs or 1.19 dlrs. 1986 figures not given as company
went public on June 2, 1987.
|
test/20932 | test/20932 |@title kmw:1 systems:1 corp:1 kmws:1 1st:1 qtr:1 sept:1 30:1 |@word shr:1 five:1 ct:3 vs:3 eight:1 net:1 100:1 000:5 176:1 revs:1 4:1 027:1 3:1 649:1 note:1 1986:1 qtr:1 include:1 gain:2 90:1 dlrs:1 four:1 per:1 share:1 tax:1 | KMW SYSTEMS CORP <KMWS.O> 1ST QTR SEPT 30
Shr five cts vs eight cts
Net 100,000 vs 176,000
Revs 4,027,000 vs 3,649,000
NOTE: 1986 qtr includes gain 90,000 dlrs, or four cts per
share, from tax gain.
|
test/20936 | test/20936 |@title arco:1 arc:1 raise:1 crude:1 oil:1 posting:1 50:1 ct:1 |@word atlantic:1 richfield:1 arco:2 oil:2 gas:1 co:1 say:2 increase:3 contract:1 price:4 crude:1 50:2 ct:2 barrel:2 effective:1 today:1 bring:1 post:1 west:2 texas:2 intermediate:1 u:1 benchmark:1 grade:1 19:2 00:1 dlrs:3 sour:1 18:1 10:1 light:1 louisiana:1 sweet:1 raise:1 35:1 last:1 change:1 september:1 30:1 | ARCO <ARC> RAISES CRUDE OIL POSTINGS 50 CTS
Atlantic Richfield's Arco Oil and Gas Co
said it increased contract prices for crude oil by 50 cts a
barrel, effective today.
Arco said the 50 cts increase brings its posted price for
West Texas Intermediate, the U.S. benchmark grade, to 19.00
dlrs a barrel.
The price of West Texas Sour was increased to 18.10 dlrs.
Light Louisiana Sweet was raised to 19.35 dlrs.
The price was last changed on September 30.
|
test/20937 | test/20937 |@title polaroid:1 corp:1 prd:1 3rd:1 qtr:1 sept:1 27:1 |@word shr:3 39:2 ct:3 vs:6 net:4 24:1 4:1 mln:6 23:2 8:1 revs:2 425:1 9:1 396:1 2:2 nine:1 mth:1 1:6 dlrs:2 04:1 76:1 3:1 64:1 26:1 billion:2 12:1 note:1 adjust:1 account:1 recent:1 split:1 company:1 common:1 qtr:1 1986:1 include:1 seven:1 per:1 gain:1 due:1 tax:1 foreign:1 currency:1 exchange:1 effect:1 | POLAROID CORP <PRD> 3RD QTR SEPT 27
Shr 39 cts vs 39 cts
Net 24.4 mln vs 23.8 mln
Revs 425.9 mln vs 396.2 mln
Nine mths
Shr 1.23 dlrs vs 1.04 dlrs
Net 76.3 mln vs 64.1 mln
Revs 1.26 billion vs 1.12 billion
NOTE: Net adjusted to account for the recent 2-for-1 split
of the company's common.
Qtr 1986 includes a seven cts per shr gain due to net
after-tax foreign currency exchange effect.
|
test/20938 | test/20938 |@title morrison:1 knudsen:1 corp:1 mrn:1 3rd:1 qtr:1 loss:1 |@word oper:4 shr:2 loss:7 2:5 51:1 dlrs:9 vs:6 profit:4 94:1 ct:2 net:2 27:1 mln:8 10:1 3:3 revs:2 464:1 504:1 6:1 nine:3 mth:3 1:4 33:1 57:1 14:1 4:1 28:1 41:3 billion:2 55:1 note:1 1987:1 qtr:2 exclude:1 79:1 per:4 share:4 8:1 87:1 respectively:2 discontinue:2 real:1 estate:1 operation:2 1986:1 include:1 126:1 000:2 one:1 cent:1 gain:1 304:1 three:1 | MORRISON KNUDSEN CORP <MRN> 3RD QTR LOSS
Oper shr loss 2.51 dlrs vs profit 94 cts
Oper net loss 27.2 mln vs profit 10.3 mln
Revs 464.2 mln vs 504.6 mln
Nine mths
Oper shr loss 1.33 dlrs vs profit 2.57 dlrs
Oper net loss 14.4 mln vs profit 28.2 mln
Revs 1.41 billion vs 1.55 billion
NOTE: 1987 qtr and nine mths excludes loss 41.1 mln dlrs,
or 3.79 dlrs per share, and loss 41.8 mln dlrs, or 3.87 dlrs
per share, respectively, from discontinued real estate
operations.
1986 qtr and nine mths include loss 126,000 dlrs, or one
cent per share, and gain 304,000 dlrs, or three cts per share,
respectively, from discontinued operations.
|
test/20941 | test/20941 |@title treasury:2 baker:2 meet:2 west:2 germany:2 stoltenberg:2 today:2 agree:2 support:2 louvre:2 pact:2 |@word | TREASURY'S BAKER MET WEST GERMANY'S STOLTENBERG TODAY, AGREED TO SUPPORT LOUVRE PACT
TREASURY'S BAKER MET WEST GERMANY'S STOLTENBERG TODAY, AGREED TO SUPPORT LOUVRE PACT
|
test/20943 | test/20943 |@title westport:1 bancorp:1 webat:1 3rd:1 qtr:1 net:1 |@word shr:2 19:2 ct:3 vs:4 38:1 net:2 397:1 000:4 788:1 nine:1 mth:1 80:1 1:2 dlrs:1 674:1 2:1 455:1 note:1 company:1 would:1 provide:1 asset:1 deposit:1 loan:1 figure:1 | WESTPORT BANCORP <WEBAT.O> 3RD QTR NET
Shr 19 cts vs 38 cts
Net 397,000 vs 788,000
Nine mths
Shr 80 cts vs 1.19 dlrs
Net 1,674,000 vs 2,455,000
NOTE: Company would not provide assets, deposits, and loans
figures.
|
test/20944 | test/20944 |@title arco:2 raise:2 crude:2 oil:2 price:2 50:2 ct:2 barrel:2 today:2 wti:2 19:2 00:2 |@word | ARCO RAISES CRUDE OIL PRICES 50 CTS BARREL, TODAY, WTI TO 19.00
ARCO RAISES CRUDE OIL PRICES 50 CTS BARREL, TODAY, WTI TO 19.00
|
test/20945 | test/20945 |@title pepsico:1 unit:1 pep:1 lift:1 calny:1 stake:1 |@word taco:2 bell:2 corp:1 unit:1 pepsico:1 inc:2 say:2 increase:1 stake:1 calny:2 common:2 stock:1 1:2 349:1 884:1 share:4 27:1 9:1 pct:2 total:1 outstanding:1 previous:1 figure:1 approximately:1 230:1 107:1 25:1 4:1 filing:1 securities:1 exchange:1 commission:1 buy:1 119:1 867:1 october:1 15:1 16:1 10:1 75:1 dlrs:1 reason:1 give:1 recent:1 purchase:1 | PEPSICO UNIT <PEP> LIFTS <CALNY.O> STAKE
Taco Bell Corp, a unit of Pepsico Inc,
said it increased its stake in Calny Inc common stock to
1,349,884 shares, or 27.9 pct of the total outstanding, from a
previous figure of approximately 1,230,107 shares, or 25.4 pct.
In a filing with the Securities and Exchange Commission,
Taco Bell said it bought 119,867 Calny common shares on October
15 and 16 at 10.75 dlrs a share.
No reason was given for the recent purchases.
|
test/20946 | test/20946 |@title macyro:1 group:1 myo:1 buy:1 company:1 |@word groupe:1 macyro:2 inc:1 say:2 agree:1 buy:1 two:2 quebec:1 construction:2 wholesaler:1 nap:2 dumont:1 1982:1 ltd:2 transport:1 cie:1 3:1 5:2 mln:2 dlrs:2 company:1 operate:1 material:1 electiricty:1 plumbing:1 hardware:1 locksmithe:1 sector:1 sale:1 23:1 last:1 year:1 | MACYRO GROUP <MYO.M> BUYS COMPANIES
Groupe Macyro Inc said it
agreed to buy two Quebec construction wholesalers, (Nap Dumont
(1982) Ltd) and (Nap Transport Cie Ltd) for 3.5 mln dlrs.
Macyro said the two companies operate in the construction
material, electiricty, plumbing, hardware and locksmithing
sectors and had sales of 23.5 mln dlrs last year.
|
test/20947 | test/20947 |@title cts:2 corp:1 3rd:1 qtr:1 oper:1 net:1 |@word oper:4 shr:3 profit:6 62:3 ct:5 vs:6 seven:1 net:3 3:2 492:1 000:7 401:1 revs:2 8:1 mln:4 0:2 nine:3 mth:3 1:3 26:1 dlrs:5 loss:3 42:1 7:2 131:1 2:1 344:1 190:1 180:1 note:1 1986:2 period:1 end:1 september:1 28:1 result:2 exclude:2 extraordinary:1 gain:1 carryforward:1 228:1 three:1 1987:2 3rd:1 qtr:1 043:1 18:1 earning:1 discontinue:1 operation:1 549:1 34:1 | CTS CORP <CTS> 3RD QTR OPER NET
Oper shr profit 62 cts vs profit seven cts
Oper net profit 3,492,000 vs profit 401,000
Revs 62.8 mln vs 62.0 mln
Nine mths
Oper shr profit 1.26 dlrs vs loss 42 cts
Oper net profit 7,131,000 vs loss 2,344,000
Revs 190.3 mln vs 180.0 mln
NOTE: 1986 period ended September 28. Results exclude
extraordinary gain from net loss carryforward of 228,000 dlrs
or three cts a shr in the 1987 3rd qtr and 1,043,000 dlrs or 18
cts in the 1987 nine mths. 1986 nine mth results exclude
earnings from discontinued operations of 7,549,000 dlrs or 1.34
dlrs.
|
test/20948 | test/20948 |@title |@word german:2 finance:2 ministry:2 confident:2 maintain:2 currency:2 stability:2 around:2 current:2 level:2 spokesman:2 | German Finance Ministry confident of maintaining currency stability at around current levels - spokesman
German Finance Ministry confident of maintaining currency stability at around current levels - spokesman
|
test/20949 | test/20949 |@title amca:1 international:1 ail:1 3rd:1 qtr:1 loss:1 |@word shr:3 loss:8 two:2 ct:3 vs:6 1:2 79:1 dlrs:4 net:2 profit:1 4:1 959:1 000:2 56:1 2:2 mln:7 revs:2 290:1 3:1 245:1 0:1 nine:1 mth:1 75:1 78:1 9:1 390:1 44:1 800:1 8:1 838:1 6:1 note:1 full:1 name:1 amca:1 international:1 ltd:1 result:1 u:1 late:1 qtr:1 earning:1 include:1 pension:1 refund:1 10:1 represent:1 per:1 payment:1 preferred:1 dividend:1 | AMCA INTERNATIONAL <AIL> 3RD QTR LOSS
Shr loss two cts vs loss 1.79 dlrs
Net profit 4,959,000 vs loss 56.2 mln
Revs 290.3 mln vs 245.0 mln
Nine mths
Shr loss 75 cts vs loss 1.78 dlrs
Net loss 9,390,000 vs loss 44.2 mln
Revs 800.8 mln vs 838.6 mln
NOTE: Full name is AMCA International Ltd. Results in U.S.
dlrs. Latest qtr earnings include pension refund of 10 mln
dlrs, representing loss of two cts per shr after payment of
preferred dividends.
|
test/20954 | test/20954 |@title valley:1 capital:1 corp:1 vccn:1 3rd:1 qtr:1 net:1 |@word shr:2 1:7 17:1 dlrs:3 vs:7 80:1 ct:1 net:2 5:1 500:2 000:2 3:3 nine:1 month:1 30:1 2:2 10:1 15:1 mln:4 9:1 asset:1 6:1 billion:4 4:1 deposit:1 loan:1 947:1 0:2 822:1 | VALLEY CAPITAL CORP <VCCN.O> 3RD QTR NET
Shr 1.17 dlrs vs 80 cts
Net 5,500,000 vs 3,500,000
Nine months
Shr 3.30 dlrs vs 2.10 dlrs
Net 15.1 mln vs 9.2 mln
Assets 1.6 billion vs 1.4 billion
Deposits 1.3 billion vs 1.1 billion
Loans 947.0 mln vs 822.0 mln
|
test/20958 | test/20958 |@title |@word german:2 finance:2 ministry:2 confident:2 maintain:2 currency:2 stability:2 around:2 current:2 level:2 spokesman:2 | German Finance Ministry confident of maintaining currency stability at around current levels - spokesman
German Finance Ministry confident of maintaining currency stability at around current levels - spokesman
|
test/20959 | test/20959 |@title u:1 military:1 leader:1 predict:1 iranian:1 response:1 |@word william:1 crowe:3 chairman:1 u:2 joint:1 chiefs:1 staff:1 predict:1 iran:2 retaliate:1 strike:1 oil:1 platform:1 though:1 say:3 iranian:2 option:1 limit:1 determine:1 easily:1 deter:1 let:1 stress:1 commitment:1 go:1 risk:1 free:2 casualty:1 likely:1 response:1 would:1 involve:1 terrorism:1 laying:1 mine:1 obviously:1 look:1 way:1 probably:1 line:1 silent:1 hand:1 try:1 thus:1 far:1 tell:1 american:1 stock:1 exchange:1 conference:1 decline:1 comment:1 reporter:1 query:1 whether:1 favor:1 strong:1 move:1 order:1 president:1 carry:2 operation:1 decide:1 upon:1 enthusiasm:1 think:1 professionally:1 well:1 | U.S. MILITARY LEADER PREDICTS IRANIAN RESPONSE
William Crowe, chairman of the U.S.
Joint Chiefs of Staff, predicted Iran will retaliate for the
U.S. strike against its oil platform though he said Iranian
options were limited.
'They will be determined. They will not be easily deterred,
and let me stress for you that our commitment there is not
going to be risk free or casualty free.'
He said the most likely Iranian response would involve
terrorism or the laying of mines.
'They obviously will look for ways that are probably more in
line with the 'silent hand' than what they have tried thus far,'
Crowe told an American Stock Exchange conference.
He declined comment on a reporter's query whether he
favored a stronger move against Iran than that ordered by the
president.
'We carried out the operation that was decided upon and we
carried it out with enthusiasm and I think it was
professionally and well done,' Crowe said.
|
test/20968 | test/20968 |@title specialty:1 composites:1 corp:1 spcm:1 3rd:1 qtr:1 net:1 |@word shr:2 11:1 ct:4 vs:6 nine:4 net:2 105:1 489:1 88:1 929:1 revs:2 2:2 306:1 697:1 066:1 636:1 mth:3 17:1 14:1 167:1 960:1 136:1 856:1 6:2 714:1 468:1 026:1 343:1 note:1 1987:1 qtr:2 include:2 tax:2 gain:2 64:1 200:2 dlrs:4 102:1 respectively:2 1986:1 78:1 000:2 107:1 | SPECIALTY COMPOSITES CORP <SPCM.O> 3RD QTR NET
Shr 11 cts vs nine cts
Net 105,489 vs 88,929
Revs 2,306,697 vs 2,066,636
Nine mths
Shr 17 cts vs 14 cts
Net 167,960 vs 136,856
Revs 6,714,468 vs 6,026,343
NOTE: 1987 qtr and nine mths includes tax gain 64,200 dlrs
and 102,200 dlrs, respectively. 1986 qtr and nine mths includes
tax gain 78,000 dlrs and 107,000 dlrs, respectively.
|
test/20969 | test/20969 |@title bulcan:1 corp:1 bul:1 3rd:1 qtr:1 net:1 |@word shr:2 five:2 ct:3 vs:6 seven:1 net:2 80:2 642:1 115:1 222:1 revs:2 7:1 833:1 570:1 5:1 739:1 443:1 nine:1 mth:1 1:2 11:1 dlrs:1 773:1 743:1 828:1 21:1 6:1 mln:2 16:1 3:1 | BULCAN CORP <BUL> 3RD QTR NET
Shr five cts vs seven cts
Net 80,642 vs 115,222
Revs 7,833,570 vs 5,739,443
Nine mths
Shr five cts vs 1.11 dlrs
Net 80,773 vs 1,743,828
Revs 21.6 mln vs 16.3 mln
|
test/20972 | test/20972 |@title chemed:1 corp:1 che:1 3rd:1 qtr:1 net:1 |@word primary:4 shr:4 68:1 ct:4 vs:12 65:1 dilute:4 62:1 60:1 net:2 6:2 053:2 000:12 5:1 803:1 revs:2 101:1 4:2 mln:6 94:1 8:5 avg:4 shrs:4 955:1 963:1 11:3 031:1 010:1 nine:2 month:2 1:5 74:1 dlrs:4 83:1 64:1 69:1 15:1 16:1 3:1 291:1 266:1 7:1 974:1 936:1 10:1 994:1 note:1 1986:3 third:1 qtr:1 result:2 exclude:1 extraordinary:1 811:1 dlr:2 gain:2 termination:1 pension:1 plan:1 include:1 804:1 june:1 sale:1 national:1 sanitary:1 supply:1 common:1 stock:1 initial:1 offering:1 | CHEMED CORP <CHE> 3RD QTR NET
Primary shr 68 cts vs 65 cts
Diluted shr 62 cts vs 60 cts
Net 6,053,000 vs 5,803,000
Revs 101.4 mln vs 94.8 mln
Primary avg shrs 8,955,000 vs 8,963,000
Diluted avg shrs 11,031,000 vs 11,010,000
Nine months
Primary shr 1.74 dlrs vs 1.83 dlrs
Diluted shr 1.64 dlrs vs 1.69 dlrs
Net 15.6 mln vs 16.3 mln
Revs 291.4 mln vs 266.7 mln
Primary avg shrs 8,974,000 vs 8,936,000
Diluted avg shrs 11,053,000 vs 10,994,000
NOTE: 1986 third qtr results exclude extraordinary 811,000
dlr gain from termination of a pension plan. 1986 nine month
results include 1,804,000 dlr gain from June 1986 sale of
National Sanitary Supply common stock in an initial offering.
|
test/20973 | test/20973 |@title waltham:1 corp:1 wlbk:1 3rd:1 qtr:1 net:1 |@word shr:2 27:1 ct:3 vs:6 21:1 net:2 988:1 000:4 784:1 nine:2 mth:2 82:1 3:1 040:1 2:2 089:1 asset:1 284:1 mln:6 244:1 0:1 loan:1 203:1 7:2 133:1 5:2 deposit:1 211:1 179:1 note:1 1986:2 per:1 share:1 available:1 bank:1 convert:1 stock:1 form:1 may:1 22:1 | WALTHAM CORP <WLBK.O> 3RD QTR NET
Shr 27 cts vs 21 cts
Net 988,000 vs 784,000
Nine mths
Shr 82 cts
Net 3,040,000 vs 2,089,000
Assets 284.2 mln vs 244.0 mln
Loans 203.7 mln vs 133.5 mln
Deposits 211.7 mln vs 179.5 mln
NOTE: 1986 nine mths per share not available because bank
did not convert to stock form until May 22, 1986.
|
test/20974 | test/20974 |@title national:1 banc:1 commerce:1 co:1 nbcc:1 3rd:1 qtr:1 |@word shr:2 41:2 ct:2 vs:6 47:1 net:2 1:5 002:1 000:4 931:1 avg:2 shrs:2 2:3 452:1 171:1 975:1 422:1 nine:1 mth:1 23:1 dlrs:2 3:1 014:1 776:1 444:1 591:1 967:1 539:1 | NATIONAL BANC OF COMMERCE CO <NBCC.O> 3RD QTR
Shr 41 cts vs 47 cts
Net 1,002,000 vs 931,000
Avg shrs 2,452,171 vs 1,975,422
Nine mths
Shr 1.23 dlrs vs 1.41 dlrs
Net 3,014,000 vs 2,776,000
Avg shrs 2,444,591 vs 1,967,539
|
test/20975 | test/20975 |@title edac:2 technologies:1 corp:1 3rd:1 qtr:1 net:1 |@word shr:2 three:1 ct:5 vs:7 two:1 net:2 109:1 000:4 67:1 sale:2 11:2 3:3 mln:7 nine:1 mth:1 seven:1 99:1 221:1 213:1 30:1 6:1 35:1 9:1 order:1 backlog:1 22:1 7:1 13:1 5:2 note:1 1986:1 figure:1 include:1 life:1 insurance:1 proceed:1 2:1 dlr:1 78:1 share:1 | EDAC TECHNOLOGIES CORP <EDAC.O> 3RD QTR NET
Shr three cts vs two cts
Net 109,000 vs 67,000
Sales 11.3 mln vs 11.3 mln
Nine mths
Shr seven cts vs 99 cts
Net 221,000 vs 3,213,000
Sales 30.6 mln vs 35.9 mln
Order backlog 22.7 mln vs 13.5 mln
Note: 1986 figures include life insurance proceeds of 2.5
mln dlr or 78 cts a share.
|
test/20976 | test/20976 |@title autotrol:1 corp:1 autr:1 3rd:1 qtr:1 net:1 |@word shr:2 profit:4 22:2 ct:5 vs:6 loss:5 net:2 430:1 373:1 433:1 395:1 sale:2 7:1 723:1 838:1 6:1 219:1 157:1 nine:2 mth:1 49:1 1:1 20:1 dlrs:3 960:1 008:1 2:2 338:1 286:1 23:1 mln:2 19:1 9:1 note:1 1986:3 datum:1 restate:1 reflect:1 operation:2 discontinue:2 earning:1 exclude:1 319:1 055:1 16:1 share:2 quarter:1 906:1 962:1 46:1 month:1 | AUTOTROL CORP <AUTR.O> 3RD QTR NET
Shr profit 22 cts vs loss 22 cts
Net profit 430,373 vs loss 433,395
Sales 7,723,838 vs 6,219,157
Nine mths
Shr profit 49 cts vs loss 1.20 dlrs
Net profit 960,008 vs loss 2,338,286
Sales 23.2 mln vs 19.9 mln
NOTE: 1986 data restated to reflect operations discontinued
in 1986
1986 earnings exclude loss from discontinued operations of
319,055 dlrs, or 16 cts a share in the quarter and 906,962
dlrs, or 46 cts a share for the nine months
|
test/20979 | test/20979 |@title 19:2 oct:2 1987:2 |@word | 19-OCT-1987
19-OCT-1987
|
test/20981 | test/20981 |@title u:2 force:1 destroy:1 oil:1 rig:1 raid:1 another:1 |@word warship:1 destroy:2 iranian:5 oil:4 platform:5 gulf:3 monday:1 navy:2 also:1 raid:1 second:3 rig:3 retaliation:1 friday:1 missile:1 attack:2 u:2 flag:1 tanker:1 pentagon:2 say:4 president:1 reagan:2 defense:2 secretary:1 caspar:1 weinberger:1 warn:1 iran:1 even:1 strong:1 countermeasure:1 military:1 escalation:1 two:1 country:1 continue:1 volatile:1 waterway:1 order:1 strike:1 first:2 four:1 destroyer:1 fire:1 1:1 000:1 five:2 inch:1 shell:1 rostam:1 120:1 mile:2 east:1 bahrain:1 central:1 short:1 time:1 later:1 personnel:2 board:1 north:1 radar:1 communication:1 equipment:1 leave:1 structure:1 department:1 spokesman:1 fred:1 hoffman:1 tell:1 reporter:1 abandon:1 shelling:1 destruction:1 united:1 states:1 use:1 keep:1 track:1 merchant:1 shipping:2 launch:1 speedboat:1 revolutionary:1 guard:1 | U.S. FORCES DESTROYED OIL RIG, RAIDED ANOTHER
U.S. warships destroyed an Iranian oil
platform in the Gulf on Monday and the Navy also raided a
second oil rig in retaliation for Friday's Iranian missile
attack on a U.S. flag tanker, the Pentagon said.
President Reagan and Defense Secretary Caspar Weinberger
warned Iran of even stronger countermeasures if the military
escalation between the two countries continued in the volatile
waterway.
Reagan said he ordered the strike on the first platform by
four U.S. destroyers, which fired about 1,000 five-inch shells
at the Rostam oil rig 120 miles east of Bahrain in the central
Gulf.
A short time later, Navy personnel boarded a second Iranian
oil platform about five miles to the north and destroyed radar
and communications equipment before leaving the structure, the
Pentagon said.
Defense Department spokesman Fred Hoffman told reporters
that the second platform had been abandoned by Iranian
personnel during the shelling and destruction of the first rig.
The United States said both platforms were being used to
keep track of Gulf merchant shipping and to launch speedboat
attacks on such shipping by Iranian Revolutionary guards.
|
test/20982 | test/20982 |@title gulf:1 western:1 gw:1 acquire:1 british:1 company:1 |@word gulf:1 western:1 inc:1 publishing:1 unit:1 simon:5 schuster:5 say:2 agree:1 principle:1 acquire:1 woodhead:5 faulkner:4 publishers:1 ltd:1 british:1 base:1 publisher:1 professional:1 consumer:1 book:3 undisclosed:1 term:1 upon:1 completion:1 propose:1 transaction:1 become:1 part:1 international:3 group:2 u:1 k:1 include:1 trade:1 prentice:1 hall:1 academic:1 texts:1 continue:2 publish:2 name:1 company:1 direction:1 martin:1 report:1 henry:1 hirschberg:1 president:1 found:1 1972:1 banking:1 finance:1 investment:1 | GULF AND WESTERN <GW> TO ACQUIRE BRITISH COMPANY
Gulf and Western Inc's publishing unit,
Simon and Schuster, said it agreed in principle to acquire
<Woodhead-Faulkner (Publishers) Ltd>, a British-based publisher
of professional and consumer books, for undisclosed terms.
Upon completion of the proposed transaction,
Woodhead-Faulkner will become part of Simon and Schuster's
International Group, which in the U.K. includes Simon and
Schuster trade books, and Prentice Hall academic texts.
Simon and Schuster said that Woodhead-Faulkner will
continue to publish under that name.
The company will continue to be under the direction of
Martin Woodhead, who will report to Henry Hirschberg, president
of Simon and Schuster's International Group.
Woodhead-Faulkner, founded in 1972, publishes international
banking, finance, and investment books.
|
test/20983 | test/20983 |@title cnb:1 bancshares:1 inc:1 cnbe:1 3rd:1 qtr:1 net:1 |@word shr:2 52:1 ct:2 vs:4 45:2 net:2 2:2 623:1 000:4 256:1 nine:1 mth:1 1:2 55:1 dlrs:2 7:1 744:1 6:1 542:1 | CNB BANCSHARES INC <CNBE.O> 3RD QTR NET
Shr 52 cts vs 45 cts
Net 2,623,000 vs 2,256,000
Nine mths
Shr 1.55 dlrs vs 1.45 dlrs
Net 7,744,000 vs 6,542,000
|
test/20984 | test/20984 |@title national:1 sanitary:1 supply:1 co:1 nssx:1 3rd:1 qtr:1 |@word shr:2 16:1 ct:4 vs:8 14:1 net:2 954:1 000:11 777:1 rev:1 24:1 7:1 mln:4 21:1 5:2 avg:2 shrs:2 6:3 nine:1 mth:1 39:1 34:1 2:2 314:1 1:1 805:1 revs:1 69:1 59:1 3:1 363:1 | NATIONAL SANITARY SUPPLY CO <NSSX.O> 3RD QTR
Shr 16 cts vs 14 cts
Net 954,000 vs 777,000
Revs 24.7 mln vs 21.5 mln
Avg shrs 6,000,000 vs 6,000,000
Nine mths
Shr 39 cts vs 34 cts
Net 2,314,000 vs 1,805,000
Revs 69.2 mln vs 59.3 mln
Avg shrs 6,000,000 vs 5,363,000
|
test/20988 | test/20988 |@title eastern:1 utilities:1 associates:1 3rd:1 qtr:1 net:1 |@word shr:3 86:1 ct:2 vs:13 74:1 net:3 11:4 1:3 mln:12 8:4 6:2 revs:3 87:1 7:1 80:2 5:1 avg:3 shrs:3 12:4 857:1 904:1 578:1 259:1 nine:1 mth:2 2:3 61:1 dlrs:4 15:1 32:2 24:1 269:1 257:1 482:1 780:1 502:1 035:1 3:2 28:1 40:1 355:1 4:1 342:1 271:1 220:1 457:1 028:1 | EASTERN UTILITIES ASSOCIATES 3RD QTR NET
Shr 86 cts vs 74 cts
Net 11.1 mln vs 8.6 mln
Revs 87.7 mln vs 80.5 mln
Avg shrs 12,857,904 vs 11,578,259
Nine mths
Shr 2.61 dlrs vs 2.15 dlrs
Net 32.6 mln vs vs 24.8 mln
Revs 269.8 mln vs 257.8 mln
Avg shrs 12,482,780 vs 11,502,035
12 mths
Shr 3.28 dlrs vs 2.80 dlrs
Net 40.3 mln vs 32.1 mln
Revs 355.4 mln vs 342.1 mln
Avg shrs 12,271,220 vs 11,457,028
|
test/20989 | test/20989 |@title ec:1 u:1 plan:1 high:1 level:1 trade:1 talk:1 |@word european:2 community:1 willing:2 offer:2 limited:1 concession:1 united:1 states:1 one:1 two:1 major:1 issue:1 threaten:1 poison:1 trade:3 relation:1 next:1 year:2 ec:6 commission:1 spokesman:2 say:5 would:1 make:2 meeting:3 later:1 month:1 u:3 representative:1 clayton:1 yeutter:2 external:1 relations:1 commissioner:2 willy:1 de:2 clercq:2 farm:1 frans:1 andriessen:1 tell:1 agriculture:1 minister:2 luxembourg:1 temporary:1 arrangement:1 lighten:1 impact:1 export:2 plan:1 ban:3 sale:1 meat:1 animal:1 feed:1 growth:1 hormone:1 washington:1 take:2 reprisal:1 proceed:1 january:1 1:1 country:2 quickly:1 cut:1 back:1 see:1 unfair:1 subsidy:1 maker:1 airbus:2 airliner:1 harm:1 manufacturer:1 claim:1 hormones:1 scientific:1 basis:1 rob:1 130:1 mln:1 dlrs:1 worth:1 diplomatic:1 source:1 place:1 london:1 also:1 involve:2 aerospace:1 france:1 britain:1 west:1 germany:1 spain:1 project:1 | EC, U.S. PLAN HIGH-LEVEL TRADE TALKS
The European Community is willing to
offer limited concessions to the United States on one of two
major issues which threaten to poison their trade relations
next year, an EC commission spokesman said.
He said the offer would be made at a meeting later this
month between U.S. Trade Representative Clayton Yeutter and EC
External Relations Commissioner Willy de Clercq.
EC Farm Commissioner Frans Andriessen told agriculture
ministers meeting in Luxembourg that the EC is willing to make
some temporary arrangements to lighten the impact on U.S.
Exports of an EC plan to ban the sales of meat from animals fed
with growth hormones, the spokesman said.
Washington has said it will take trade reprisals if the EC
proceeds with the ban from January 1 and if European countries
do not quickly cut back what it sees as unfair subsidies to the
makers of their Airbus airliner which are harming U.S.
Manufacturers.
It claims the hormones ban has no scientific basis and will
rob it of 130 mln dlrs' worth of exports a year.
Diplomatic sources said the Yeutter-de Clercq meeting will
take place in London and will also involve the aerospace
ministers of France, Britain, West Germany and Spain, the
countries involved in the Airbus project.
|
test/20991 | test/20991 |@title britain:1 back:1 u:1 strike:1 iran:1 oil:1 platform:1 |@word british:1 foreign:1 secretary:1 sir:1 geoffrey:1 howe:4 back:1 united:3 states:3 attack:5 iranian:3 oil:1 platform:2 monday:2 say:5 worsen:1 gulf:1 crisis:1 fully:2 entitle:1 take:1 military:1 action:2 exercise:1 right:1 self:2 defense:2 face:1 imminent:1 threat:1 statement:2 issue:1 london:1 force:1 destroy:1 retaliation:1 missile:1 u:1 flag:1 kuwaiti:1 ship:1 last:1 friday:1 refer:1 add:1 trust:1 iranians:1 understand:1 continue:1 kind:1 enhance:1 justification:1 firm:1 press:1 conference:1 luxembourg:1 meeting:1 european:1 community:1 ec:1 ministers:1 ask:1 senior:1 official:1 america:1 involve:1 full:1 scale:1 war:1 would:1 profoundly:1 undesirable:1 quite:1 unjustified:1 iran:1 react:1 way:1 | BRITAIN BACKS U.S. STRIKE ON IRAN OIL PLATFORM
British Foreign Secretary Sir Geoffrey
Howe backed the United States' attack on an Iranian oil
platform on Monday and said it should not worsen the Gulf
crisis.
'The United States is fully entitled to take military action
in exercise of rights of self-defense, in the face of the
imminent threat of further attacks,' Howe said in a statement
issued in London.
The United States said its forces destroyed the platform on
Monday in retaliation for an Iranian missile attack on a U.S.-
flagged Kuwaiti ship last Friday.
Referring to that attack, Howe added, 'I trust the Iranians
will fully understand that continued attacks of this kind will
only enhance justification for firm action in self-defense.'
At a press conferenced in Luxembourg during a meeting of
European Community (EC) ministers, Howe was asked about
statements from a senior Iranian official who said America was
now involved in a full-scale war.
'It would be profoundly undesirable and quite unjustified
for Iran to react in that way,' he said.
|
test/20995 | test/20995 |@title simon:2 schuster:2 acquire:2 woodhead:2 faulkner:2 u:2 k:2 undisclosed:2 term:2 |@word | SIMON AND SCHUSTER TO ACQUIRE WOODHEAD-FAULKNER OF THE U.K. FOR UNDISCLOSED TERMS
SIMON AND SCHUSTER TO ACQUIRE WOODHEAD-FAULKNER OF THE U.K. FOR UNDISCLOSED TERMS
|
test/21000 | test/21000 |@title ccr:2 video:1 cccr:1 get:1 offer:1 takeover:1 talk:1 |@word video:1 corp:2 say:2 receive:1 offer:3 enter:1 negotiation:2 intercep:2 investment:1 vancouver:1 b:1 c:1 acquire:1 control:1 interest:1 company:1 tender:2 ccr:2 would:1 determine:1 term:1 board:1 could:1 support:1 additional:1 detail:1 immediately:1 available:1 | CCR VIDEO<CCCR.O> GETS OFFER ON TAKEOVER TALKS
CCR Video Corp said it received an
offer to enter into negotiations for <Intercep Investment Corp>
of Vancouver, B.C., to acquire a controlling interest in the
company through a tender offer.
CCR said the negotiations would determine the terms under
which the CCR board could support an Intercep tender offer.
Additional details were not immediately available.
|
test/21002 | test/21002 |@title huge:1 oil:1 platform:1 dot:1 gulf:1 like:1 beacon:1 |@word huge:1 oil:2 platform:3 dot:1 gulf:3 like:2 beacon:1 usually:1 light:1 christmas:1 tree:1 night:1 one:3 sit:1 astride:1 rostam:1 offshore:1 oilfield:1 blow:1 water:3 u:10 warship:1 monday:1 iranian:6 unsightly:1 mass:1 steel:1 concrete:1 three:2 tier:1 structure:2 rise:1 200:1 foot:1 60:1 metre:1 warm:1 four:1 destroyer:1 pump:1 1:1 000:1 shell:1 defense:2 department:1 say:11 10:1 pct:1 section:1 remain:1 helicopter:2 destroy:1 gunboat:1 american:1 come:1 fire:1 earlier:1 month:1 force:2 attack:5 seize:1 sink:1 ship:4 catch:1 lay:1 mine:1 iran:9 deter:2 accord:1 official:1 use:1 chinese:1 make:1 silkworm:1 missile:1 hit:2 liberian:1 flag:1 thursday:1 sea:1 isle:1 city:1 friday:1 territorial:1 kuwait:1 key:1 backer:1 iraq:5 war:6 henry:1 schuler:2 former:1 diplomat:2 middle:1 east:1 csis:2 washington:2 agree:1 escort:1 kuwaiti:1 tanker:1 order:1 shipping:3 deterrence:1 policy:2 fail:1 level:1 violence:1 threat:1 increase:1 result:2 intervention:1 response:1 late:1 example:1 tit:1 tat:1 give:1 initiative:3 harlan:1 ullman:2 ex:1 career:1 naval:1 officer:1 appraoch:1 america:1 would:1 suffer:1 death:1 thousand:1 cut:2 united:2 states:2 grab:1 militarily:1 must:3 take:1 warlike:1 step:1 mining:2 harbor:1 blockade:2 mouth:1 pass:1 among:1 advocate:1 means:1 bring:1 neogtiate:1 table:1 vital:1 supply:1 tehran:2 could:1 continue:2 join:1 moscow:1 diplomatic:1 end:1 superpower:1 impose:1 arm:1 embargo:1 refuse:1 negotiate:1 also:1 threaten:1 fight:1 press:1 acknowledge:1 responsibility:1 start:2 part:1 settlement:1 western:1 invade:1 territory:1 1980:1 blame:1 outbreak:1 hostility:1 entail:1 world:1 style:1 infantry:1 horrific:1 casualty:1 side:1 | HUGE OIL PLATFORMS DOT GULF LIKE BEACONS
Huge oil platforms dot the Gulf like
beacons -- usually lit up like Christmas trees at night.
One of them, sitting astride the Rostam offshore oilfield,
was all but blown out of the water by U.S. Warships on Monday.
The Iranian platform, an unsightly mass of steel and
concrete, was a three-tier structure rising 200 feet (60
metres) above the warm waters of the Gulf until four U.S.
Destroyers pumped some 1,000 shells into it.
The U.S. Defense Department said just 10 pct of one section
of the structure remained.
U.S. helicopters destroyed three Iranian gunboats after an
American helicopter came under fire earlier this month and U.S.
forces attacked, seized, and sank an Iranian ship they said had
been caught laying mines.
But Iran was not deterred, according to U.S. defense
officials, who said Iranian forces used Chinese-made Silkworm
missiles to hit a U.S.-owned Liberian-flagged ship on Thursday
and the Sea Isle City on Friday.
Both ships were hit in the territorial waters of Kuwait, a
key backer of Iraq in its war with Iran.
Henry Schuler, a former U.S. diplomat in the Middle East
now with CSIS said Washington had agreed to escort Kuwaiti
tankers in order to deter Iranian attacks on shipping.
But he said the deterrence policy had failed and the level
of violence and threats to shipping had increased as a result
of U.S. intervention and Iran's response.
The attack on the oil platform was the latest example of a
U.S. 'tit-for-tat' policy that gave Iran the initiative, said
Harlan Ullman, an ex-career naval officer now with CSIS.
He said with this appraoch America would suffer 'the death
of one thousand cuts.'
But for the United States to grab the initiative
militarily, it must take warlike steps such as mining Iran's
harbors or blockading the mouth of the Gulf through which its
shipping must pass, Schuler said.
He was among those advocating mining as a means of bringing
Iran to the neogtiating table. If vital supplies were cut off,
Tehran could not continue the war with Iraq.
Ullman said Washington should join Moscow in a diplomatic
initiative to end the war and the superpowers should impose an
arms embargo against Tehran if it refused to negotiate.
He said the United States should also threaten to mine and
blockade Iran if it continued fighting and must press Iraq to
acknowledge responsibility for starting the war as part of a
settlement.
Iranian and Western diplomats say Iraq started the war by
invading Iran's territory in 1980. Iraq blames Iran for the
outbreak of hostilities, which have entailed World War I-style
infantry attacks resulting in horrific casualties.
Each side has attacked the others' shipping.
|
test/21003 | test/21003 |@title ccr:2 video:2 sayst:2 receive:2 offer:2 negotiate:2 takeover:2 intercep:2 investment:2 corp:2 |@word | CCR VIDEO SAYST RECEIVED OFFER TO NEGOTIATE A TAKEOVER BY INTERCEP INVESTMENT CORP
CCR VIDEO SAYST RECEIVED OFFER TO NEGOTIATE A TAKEOVER BY INTERCEP INVESTMENT CORP
|
test/21006 | test/21006 |@title diplomat:1 call:1 u:2 attack:1 oil:1 rig:1 restrain:1 |@word attack:5 iranian:2 oil:3 platform:4 gulf:6 monday:2 appear:2 tit:1 tat:1 raid:2 carefully:1 orchestrate:1 provocative:2 upset:1 arab:6 ally:1 western:2 diplomat:8 region:1 say:12 u:5 defence:1 secretary:1 caspar:1 weinberger:1 warship:1 destroy:1 southern:1 response:3 missile:1 strike:1 american:3 register:1 kuwaiti:2 tanker:2 sea:1 isle:1 city:1 water:2 friday:1 consider:1 matter:1 closed:1 signal:1 administration:1 want:1 crisis:2 escalate:1 iran:6 warn:3 united:3 states:5 earlier:1 day:1 exacerbate:1 military:3 action:1 would:2 endanger:1 interest:1 follow:1 okesman:1 tehran:5 war:3 information:1 headquarter:1 vow:1 avenge:1 crush:1 blow:1 enter:1 swamp:1 way:2 get:2 safely:1 radio:1 quote:1 note:1 however:1 also:1 seek:2 avoid:1 ostracism:1 state:1 due:1 meet:1 summit:1 amman:2 november:1 8:1 discuss:1 iraq:1 prime:1 minister:1 mir:1 hossein:1 mousavi:1 currently:1 damascus:1 syrian:1 help:1 prevent:1 total:1 breach:1 escalation:2 threaten:1 could:2 work:2 gather:1 ball:1 court:1 respond:1 one:3 president:1 ronald:1 reagan:1 strong:1 countermeasure:1 continue:1 source:2 area:2 shell:1 least:2 act:1 take:1 decide:1 retaliate:1 blame:1 americans:2 kuwaitis:1 interesting:1 choose:2 something:3 international:1 implicate:1 nation:1 well:1 relation:1 particularly:1 kuwait:2 comment:2 another:1 must:1 happy:1 relieve:1 faw:1 doorstep:1 manage:1 crew:1 hit:1 nuisance:1 everybody:1 clever:1 place:2 attention:1 devastate:1 anything:1 first:1 senior:1 banker:1 news:1 break:1 good:1 measured:1 without:1 risk:1 flare:1 face:1 save:1 | DIPLOMATS CALL U.S. ATTACK ON OIL RIG RESTRAINED
A U.S. attack on an Iranian oil platform
in the Gulf on Monday appeared to be a tit-for-tat raid
carefully orchestrated not to be too provocative or upset Arab
allies, Western diplomats in the region said.
U.S. Defence Secretary Caspar Weinberger said Monday that
U.S. Warships destroyed the oil platform in the southern Gulf
in response to a missile strike on the American-registered
Kuwaiti tanker Sea Isle City in Kuwaiti waters on Friday.
'We consider the matter closed,' he said, a signal the U.S.
administration did not want the Gulf crisis to escalate.
Iran had warned the United States earlier in the day
against exacerbating the Gulf crisis, saying military action
would endanger American interests.
Following the raid, a okesman for Tehran's War
Information Headquarters vowed to avenge the attack with a
'crushing blow.'
'The United States has entered a swamp from which it can in
no way get out safely,' Tehran Radio quoted him as saying.
Diplomats noted, however, Iran was also seeking to avoid
ostracism by Arab states due to meet at a summit in Amman on
November 8 and discuss the Iran-Iraq war.
Iranian Prime Minister Mir-Hossein Mousavi is currently in
Damascus, and diplomats said he would seek Syrian help in
preventing a total Arab breach with Tehran.
Further escalation of the war threatening the Gulf Arab
states could work against Tehran at the Amman gathering, they
said.
'The ball is in Iran's court now. It's up to Tehran to
respond one way or the other,' a diplomat said.
President Ronald Reagan warned Iran of stronger American
countermeasures if the military escalation continued.
Western diplomats and military sources in the area said
shelling the platform appeared to be the least provocative act
the United States could have taken once it had decided to
retaliate for the tanker attack, blamed by both the Americans
and Kuwaitis on Iran.
'It's interesting that they chose something in international
waters because it doesn't implicate any other nation,' one
diplomat said. 'This was better for U.S. Relations with the Gulf
Arab states, particularly Kuwait.'
Commented another diplomat: 'Kuwait must be happy that the
U.S. Has done something, but relieved that Faw was not attacked
on its doorstep.'
One source said of the attack on the oil platform: 'They
managed to warn off the crew and hit something that was the
least nuisance to everybody.'
A diplomat commented: 'They were very clever in the place
they chose. It gets attention, but it hasn't devastated
anything because it wasn't working in the first place.'
A senior Arab banker in the area said after the news broke:
'This was a good, measured response without risking a flare-up
... It is a face-saving response (for the Americans).'
|
test/21007 | test/21007 |@title brown:1 disc:1 buy:1 rhone:1 poulenc:1 rhon:1 pa:1 unit:1 |@word brown:3 disc:3 products:1 co:1 inc:2 unit:2 fo:1 genevar:1 enterprises:1 say:1 purchase:1 ongoing:1 business:1 trademark:1 certain:1 asset:1 rhone:3 poulenc:3 manufacturing:1 undisclosed:1 term:1 french:1 base:1 chemical:1 company:1 agreement:1 supply:1 magnetic:1 tape:1 medium:1 product:2 | BROWN DISC TO BUY RHONE-POULENC <RHON.PA> UNIT
Brown Disc Products Co
Inc, a unit fo Genevar Enterprises Inc, said it has purchased
the ongoing business, trademarks and certain assets of
Rhone-Poulenc's Brown Disc Manufacturing unit, for undisclosed
terms.
Rhone-Poulenc is a French-based chemical company.
Under the agreement, Rhone-Poulenc will supply magnetic
tape and media products to Brown Disc Products.
|
test/21012 | test/21012 |@title consolidated:1 freightways:1 inc:1 cnf:1 3rd:1 qtr:1 net:1 |@word shr:2 43:1 ct:2 vs:4 63:1 net:2 16:1 362:1 000:4 24:1 325:1 revs:2 589:1 3:1 mln:2 549:1 1:5 nine:1 mth:1 40:1 dlrs:2 73:1 54:1 011:1 66:1 591:1 68:1 58:1 billion:1 | CONSOLIDATED FREIGHTWAYS INC <CNF> 3RD QTR NET
Shr 43 cts vs 63 cts
Net 16,362,000 vs 24,325,000
Revs 589.3 mln vs 549.1 mln
Nine Mths
Shr 1.40 dlrs vs 1.73 dlrs
Net 54,011,000 66,591,000
Revs 1.68 1.58 billion
|
test/21013 | test/21013 |@title late:1 attack:1 see:1 point:1 dilemma:1 |@word military:3 expert:4 say:9 united:1 states:1 face:1 dilemma:1 gulf:4 follow:1 u:6 destruction:1 iranian:3 oil:2 platform:3 retaliation:2 attack:4 flagged:1 tanker:3 tell:2 reuters:1 tehran:1 hold:1 initiative:2 likely:1 control:1 tempo:1 direction:1 conflict:2 long:1 america:2 simply:1 react:1 launch:1 limited:1 retaliatory:1 strike:2 washington:3 seize:1 bold:1 step:1 mining:1 iran:9 harbor:1 blockade:1 shipping:1 destroy:1 key:1 basis:1 could:2 find:1 major:1 war:3 driver:1 seat:1 absolute:1 sense:1 cycle:1 continue:1 fred:1 axelgard:1 private:2 center:2 strategic:1 international:1 study:1 csis:1 like:1 greek:1 tragedy:1 retire:1 adm:1 eugene:1 carroll:1 defense:2 information:1 cdi:2 think:1 tank:1 middle:1 east:2 way:1 join:1 force:2 moscow:1 press:1 end:1 iraq:1 feasible:1 withdraw:1 30:1 ship:1 area:1 navy:1 begin:2 escort:1 flag:2 kuwaiti:2 july:1 withdrawal:1 would:2 give:1 appearance:1 chase:1 away:1 president:1 reagan:1 never:1 accept:1 secretary:1 caspar:1 weinberger:3 pentagon:1 news:1 conference:1 destroyer:1 kidd:1 young:1 leftwich:1 hoel:1 fire:1 1:1 000:1 round:1 five:1 inch:1 shell:1 rostam:1 rig:1 120:1 mile:1 bahrain:1 1400:1 time:1 0700:1 edt:1 monday:1 use:1 base:1 respond:1 silkworm:1 missile:1 sea:1 isle:1 city:1 friday:1 iranians:1 man:1 warn:1 advance:1 allow:1 escape:1 seek:1 confrontation:1 prepared:1 meet:1 escalation:1 action:1 strong:1 countermeasure:1 consider:2 matter:2 close:2 analyst:1 range:1 liberal:1 conservative:1 agree:1 reaction:1 measure:1 reasonable:1 escalate:1 unduly:1 question:1 whether:1 take:1 view:1 early:1 clash:1 | LATEST ATTACK SEEN POINTING UP DILEMMAS FOR US
Military experts say the United States
faces a dilemma in the Gulf following U.S. destruction of an
Iranian oil platform in retaliation for an attack on a
U.S.-flagged tanker.
The experts told Reuters Tehran holds the initiative and is
likely to control the tempo and direction of the conflict as
long as America simply reacts to Iranian attacks by launching
limited retaliatory strikes.
But if Washington seizes the initiative with bolder steps
-- such as mining Iran's harbors, blockading its shipping, or
destroying key bases -- it could find itself in a major war.
'Iran is in the driver's seat in an absolute sense as the
cycle of attack and retaliation continues,' said Fred Axelgard,
a Gulf War expert with the private Center for Strategic and
International Studies (CSIS).
'It's like a Greek tragedy,' said retired Adm. Eugene Carroll
of Washington's private Center for Defense Information (CDI)
think tank.
Some Middle East experts say the only way out is for
Washington to join forces with Moscow in pressing for an end to
the war between Iran and Iraq.
They say it is not feasible for America to withdraw its
30-ship force from the Gulf area, where the Navy began
escorting U.S.-flagged Kuwaiti tankers in July. Withdrawal
would give the appearance of being chased away by Iran, which
President Reagan could never accept.
U.S. Defense Secretary Caspar Weinberger told a Pentagon
news conference the destroyers Kidd, Young, Leftwich and Hoel
fired about 1,000 rounds of five-inch shells at Iran's Rostam
oil rig 120 miles east of Bahrain beginning at about 1400 Gulf
time (0700 EDT) on Monday.
Weinberger said the platform had been used as a military
base by Iran and that the attack responded to an Iranian
Silkworm missile strike on the U.S.-flagged Kuwaiti tanker Sea
Isle City on Friday.
Iranians manning the platform were warned in advance and
allowed to escape.
'We do not seek further confrontation with Iran, but we will
be prepared to meet any escalation of military action by Iran
with stronger countermeasures,' Weinberger said.
'We consider this matter closed,' he said.
Analysts ranging from the liberal CDI to conservatives
agreed the U.S. reaction was measured, reasonable and did not
escalate the conflict unduly. But they said the question was
whether Iran would consider the matter closed. It had not taken
this view after earlier clashes.
|
test/21014 | test/21014 |@title rochester:1 telephone:1 corp:1 rtc:1 3rd:1 qtr:1 net:1 |@word shr:2 96:1 ct:2 vs:6 87:1 net:2 10:1 8:2 mln:7 9:2 671:1 000:1 revs:2 103:1 97:1 5:1 nine:1 mth:1 2:2 73:1 dlrs:2 62:1 30:1 7:2 29:1 3:1 325:1 302:1 | ROCHESTER TELEPHONE CORP <RTC> 3RD QTR NET
Shr 96 cts vs 87 cts
Net 10.8 mln vs 9,671,000
Revs 103.9 mln vs 97.5 mln
Nine mths
Shr 2.73 dlrs vs 2.62 dlrs
Net 30.7 mln vs 29.3 mln
Revs 325.7 mln vs 302.8 mln
|
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