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test/21196
test/21196 |@title voplex:1 corp:1 vot:1 3rd:1 qtr:1 loss:1 |@word shr:2 loss:6 24:1 ct:4 vs:6 13:1 net:2 619:1 956:1 340:1 735:1 revs:2 17:1 2:3 mln:4 18:1 nine:1 mth:1 profit:2 six:1 92:1 172:1 384:1 437:1 333:1 57:2 7:1 5:1
VOPLEX CORP <VOT> 3RD QTR LOSS Shr loss 24 cts vs loss 13 cts Net loss 619,956 vs loss 340,735 Revs 17.2 mln vs 18.2 mln Nine mths Shr profit six cts vs loss 92 cts Net profit 172,384 vs loss 2,437,333 Revs 57.7 mln vs 57.5 mln
test/21197
test/21197 |@title security:1 council:1 call:1 talk:1 gulf:1 attack:1 |@word u:5 n:5 security:1 council:2 call:2 private:1 meeting:1 monday:1 consultation:1 follow:1 united:2 states:1 attack:3 iranian:2 oil:1 platform:1 meanwhile:1 spokesman:2 say:3 far:1 know:1 report:1 secretary:1 general:1 javier:1 perez:2 de:2 cuellar:2 action:3 receive:1 americans:1 washington:1 president:1 reagan:1 nations:1 inform:1 provision:1 charter:1 regard:1 notification:1 take:2 right:1 self:1 defense:1 francois:1 giuliani:1 comment:1 response:2 american:1 tanker:1 last:1 week:1 try:1 find:1 actually:1 happen:1 iran:1 commission:1 elicit:1
SECURITY COUNCIL CALLS TALKS AFTER GULF ATTACK The U.N. Security Council was called to a private meeting on Monday for consultations following the United States attack on an Iranian oil platform. Meanwhile, a U.N. spokesman said that as far as he knew a report to the council and Secretary General Javier Perez de Cuellar on the action had not been received from the Americans. In Washington, President Reagan said the United Nations was being informed of the attack under the provision of the U.N. Charter regarding notification of actions taken under the right of self-defense. The U.N. spokesman, Francois Giuliani, said Perez de Cuellar had no comment on the attack, taken in response to Iranian action against an American-owned tanker last week, but was trying to find out 'what actually happened.' Calls to Iran's U.N. commission elicited no response.
test/21199
test/21199 |@title united:1 savings:1 loan:1 unsa:1 2nd:1 qtr:1 net:1 |@word sept:1 30:1 shr:2 44:1 ct:2 net:2 905:1 000:4 vs:5 631:1 six:1 month:1 88:1 1:2 793:1 378:1 asset:1 221:1 mln:6 223:1 2:1 deposit:1 186:1 4:1 189:1 8:1 loan:1 176:1 5:1 7:1
UNITED SAVINGS AND LOAN <UNSA.O> 2ND QTR NET Sept 30 Shr 44 cts Net 905,000 vs 631,000 Six months Shr 88 cts Net 1,793,000 vs 1,378,000 Assets 221 mln vs 223.2 mln Deposits 186.4 mln vs 189.8 mln Loans 176.5 mln vs.7 mln
test/21201
test/21201 |@title bare:1 unit:1 set:1 fund:1 management:1 buy:1 |@word bare:3 capital:4 investors:2 ltd:2 bci:7 unit:3 u:4 k:3 merchant:1 bank:1 brother:2 co:1 say:3 raise:3 61:1 mln:3 european:3 currency:1 ecus:3 invest:2 management:2 buy:2 development:2 opportunity:1 continental:1 europe:1 fund:5 first:1 baring:2 euare:1 trust:2 investor:2 nine:1 country:1 expect:2 another:1 40:1 soon:1 french:1 set:1 last:1 year:1 advise:2 new:1 structure:1 guernsey:1 base:1 list:1 luxembourg:1 stock:1 exchange:1 manage:1 company:3 jointly:1 individual:1 investment:1 range:1 one:1 10:1 likely:1 concentrate:1 germany:1 france:1 aim:1 establish:1 principally:1 family:1 succession:1 issue:1 corporate:1 spin:1
BARING UNIT SETS UP FUND FOR MANAGEMENT BUY-OUTS Baring Capital Investors Ltd (BCI), a unit of the U.K. Merchant bank <Baring Brothers and Co Ltd>, said it has raised 61 mln European Currency Units (ECUs) which will be invested in management buy-outs and development capital opportunities in the U.K. And continental Europe. The funds were raised through BCI's first such fund - the Baring Euaring European Capital Trust - from investors in nine European countries. It expects to raise another 40 mln ECUs soon through a French fund and a fund for U.S. Investors. BCI was set up last year by Baring Brothers to advise buy-out and development capital investors. BCI said the new fund is structured as a Guernsey-based unit trust, which will be listed on the Luxembourg Stock Exchange. It will be advised by BCI and managed by a company owned jointly by Barings and the management of BCI. Individual investments are expected to range between one and 10 mln ECUs and are likely to be concentrated in the U.K., Germany and France. BCI said its aims are to invest in established companies, principally family companies with succession-issues and corporate spin-offs.
test/21202
test/21202 |@title g:1 7:1 see:1 fighting:1 keep:1 currency:1 pact:1 |@word international:1 monetary:1 official:1 rush:1 paper:1 deep:1 crack:1 appear:1 louvre:3 accord:1 currency:3 stability:2 prevent:1 dollar:3 free:1 fall:1 calm:2 turmoil:1 world:1 capital:1 market:5 economist:1 trader:2 say:3 think:1 dead:1 break:1 acrimonious:1 way:1 potential:1 outcome:1 rout:1 high:1 interest:2 rate:3 collapse:1 stock:2 group:1 seven:1 thing:1 douglas:1 madison:1 corporate:1 bankamerica:1 corp:1 weekend:1 television:1 interview:1 u:4 treasury:2 secretary:1 james:1 baker:1 sharply:1 criticise:1 recent:1 rise:1 west:1 german:1 money:1 eight:1 month:1 old:1 pact:1 foster:1 exchange:1 need:1 review:1 comment:1 rock:1 help:1 send:1 already:1 fragile:1 overseas:1 tailspin:1 lose:1 two:1 pfennig:1 1:2 7740:1 50:1 mark:1 one:2 yen:2 141:1 25:1 35:1 dow:1 jones:1 industrial:1 average:1 slump:1 200:1 point:2 stage:1 bond:1 drop:1 3:1 4:1
G-7 SEEN FIGHTING TO KEEP CURRENCY PACT International monetary officials will rush to paper over the deep cracks that have appeared in the Louvre accord on currency stability to prevent a dollar free-fall and to calm turmoil in world capital markets, economists and currency traders said. 'I don't think the Louvre is dead because if it breaks up in an acrimonious way, the potential outcome is a rout of the dollar, higher interest rates and collapsing stock markets. It's in the Group of Seven's interest to calm things down,' said Douglas Madison, corporate trader at BankAmerica Corp. In a weekend television interview, U.S. Treasury secretary James Baker sharply criticised a recent rise in West German money market rates and said the eight month-old Louvre pact to foster exchange rate stability needs to be reviewed. His comments rocked the currency markets and helped send the already-fragile U.S. and overseas stock markets into a tailspin. The dollar lost more than two pfennigs in the U.S. to about 1.7740/50 marks and about one yen to 141.25/35 yen. The Dow Jones Industrial Average slumped more than 200 points at one stage and U.S. Treasury bonds dropped about 1-3/4 points.
test/21203
test/21203 |@title ton:2 toys:1 inc:1 1st:1 qtr:1 aug:1 31:1 loss:1 |@word shr:1 loss:4 five:1 ct:2 vs:4 eight:1 net:1 118:1 000:6 87:1 sale:1 1:3 765:1 345:1 avg:1 shrs:1 2:1 370:1 070:1
TONS OF TOYS INC <TONS.O> 1ST QTR AUG 31 LOSS Shr loss five cts vs loss eight cts Net loss 118,000 vs loss 87,000 Sales 1,765,000 vs 1,345,000 Avg shrs 2,370,000 vs 1,070,000
test/21205
test/21205 |@title anchor:1 financial:1 corp:1 afcx:1 3rd:1 qtr:1 net:1 |@word shr:2 28:1 ct:3 vs:4 41:1 net:2 205:1 000:4 229:1 nine:1 mth:1 86:1 1:1 01:1 dlrs:1 622:1 566:1 note:1 share:2 reflect:1 issuance:1 166:1 750:1 common:1 december:1 1986:1
ANCHOR FINANCIAL CORP <AFCX.O> 3RD QTR NET Shr 28 cts vs 41 cts Net 205,000 vs 229,000 Nine mths Shr 86 cts vs 1.01 dlrs Net 622,000 vs 566,000 NOTE: Share reflects issuance of 166,750 common shares in December 1986.
test/21206
test/21206 |@title photronics:1 corp:1 phot:1 1st:1 half:1 aug:1 31:1 net:1 |@word shr:1 38:1 ct:2 vs:4 25:1 net:1 708:1 197:1 404:1 471:1 sale:1 6:2 592:1 736:1 122:1 133:1 avg:1 shrs:1 1:2 886:1 400:1 648:1 477:1
PHOTRONICS CORP <PHOT.O> 1ST HALF AUG 31 NET Shr 38 cts vs 25 cts Net 708,197 vs 404,471 Sales 6,592,736 vs 6,122,133 Avg shrs 1,886,400 vs 1,648,477
test/21207
test/21207 |@title |@word french:2 industrial:2 production:2 fall:2 0:2 95:2 pct:2 july:2 august:2 june:2 insee:2 data:2
French industrial production fell 0.95 pct in July/August from June -- INSEE data French industrial production fell 0.95 pct in July/August from June -- INSEE data
test/21208
test/21208 |@title hometown:1 bancorp:1 inc:1 htwn:1 3rd:1 qtr:1 net:1 |@word shr:2 profit:6 five:1 ct:4 vs:5 seven:1 net:2 59:1 000:6 39:1 nine:1 mth:1 12:1 loss:2 four:1 92:1 20:1 avg:1 shrs:1 775:1 548:1
HOMETOWN BANCORP INC <HTWN.O> 3RD QTR NET Shr profit five cts vs profit seven cts Net profit 59,000 vs profit 39,000 Nine mths Shr profit 12 cts vs loss four cts Net profit 92,000 vs loss 20,000 Avg shrs 775,000 vs 548,000
test/21209
test/21209 |@title fidelity:1 federal:1 savings:1 loan:1 ffe:1 3rd:1 |@word shr:2 42:1 ct:3 vs:4 59:1 net:3 734:1 659:1 1:3 033:1 309:1 nine:3 mth:2 92:1 69:1 dlrs:3 629:1 719:1 2:1 971:1 144:1 note:1 1987:1 include:1 loss:1 290:1 000:1 sale:1 security:1 recur:1 charge:1 32:1 713:1 write:1 fslic:1 secondary:1 reserve:1
FIDELITY FEDERAL SAVINGS AND LOAN <FFED.O> 3RD Shr 42 cts vs 59 cts Net 734,659 vs 1,033,309 Nine mths Shr 92 cts vs 1.69 dlrs Net 1,629,719 vs 2,971,144 NOTE: 1987 nine mths net includes a loss of 290,000 dlrs on sale of securities and nine-recurring charge of 32,713 dlrs for write-off of FSLIC secondary reserve.
test/21210
test/21210 |@title crazy:1 eddie:1 crcy:1 win:1 oppose:1 slate:1 |@word crazy:3 eddie:3 inc:2 say:6 board:5 oppose:3 slate:1 nominee:2 propose:1 election:1 committee:3 lead:1 entertainment:1 marketing:1 oppenheimer:1 palmieri:3 fund:1 lp:1 endorse:1 simply:1 refrain:1 emi:2 also:1 ask:1 representative:2 restore:1 shareholder:1 value:1 begin:1 acquaint:1 business:1 affair:1 company:7 promptly:1 possible:1 end:1 invite:1 advance:1 annual:1 meeting:2 examine:1 financial:1 record:1 monitor:1 operation:1 join:1 officer:1 supplier:2 banker:1 key:1 personnel:2 continue:1 group:1 would:1 increase:1 expense:1 create:1 uncertainty:1 among:2 customer:1 employee:1 result:1 deterioration:1 moral:1 release:1 follow:1
CRAZY EDDIE <CRCY.O> WON'T OPPOSE SLATE Crazy Eddie Inc said its board will not oppose the slate of nominees proposed for election to the board by the committee led by Entertainment Marketing Inc <EM> and the <Oppenheimer-Palmieri Fund, LP.> Crazy Eddie said its board is not endorsing, but will simply refrain from opposing, the EMI-Palmieri nominees. The board also said it will ask representatives of the Committee to Restore Shareholder value to begin acquainting themselves with the business and affairs of the company as promptly as possible. To that end, the committee's representatives will be invited in advance of the annual meeting to examine the company's financial records, to monitor its operations and to join company officers in meetings with the company's suppliers, bankers and key personnel, Crazy Eddie said. The board said that to continue to oppose the EMI-Palmieri group would only increase the expenses of the company, create further uncertainty among its suppliers, customers and employees, and result in deterioration of moral among company personnel. A further release from the company will follow, it said.
test/21211
test/21211 |@title horizon:1 bancorp:1 hzb:1 3rd:1 qtr:1 net:1 |@word shr:2 1:1 33:1 dlrs:3 vs:4 90:1 ct:1 net:2 12:1 0:1 mln:3 8:1 180:1 000:1 nine:1 mth:1 3:1 63:1 2:2 88:1 32:1 9:1 26:1
HORIZON BANCORP <HZB> 3RD QTR NET Shr 1.33 dlrs vs 90 cts Net 12.0 mln vs 8,180,000 Nine mths Shr 3.63 dlrs vs 2.88 dlrs Net 32.9 mln vs 26.2 mln
test/21212
test/21212 |@title 19:2 oct:2 1987:2 |@word
19-OCT-1987 19-OCT-1987
test/21214
test/21214 |@title acc:1 corp:1 3rd:1 qtr:1 net:1 |@word shr:2 profit:6 three:1 ct:4 vs:8 nine:2 net:2 102:1 136:1 307:1 516:1 revs:2 8:2 459:1 182:1 469:1 476:1 avg:2 shrs:2 3:4 448:1 218:1 613:1 672:1 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 6:1 467:1 099:1 612:1 626:1
<ACC CORP> 3RD QTR NET Shr profit three cts vs profit nine cts Net profit 102,136 vs profit 307,516 Revs 8,459,182 vs 8,469,476 Avg shrs 3,448,218 vs 3,613,672 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 Avg shrs 3,467,099 vs 3,612,626
test/21215
test/21215 |@title first:1 union:1 real:1 estate:1 investment:1 fur:1 net:1 |@word 3rd:1 qtr:1 oper:4 shr:2 27:1 ct:4 vs:8 29:1 net:3 4:1 926:1 000:6 5:3 231:1 revs:2 18:1 mln:5 17:1 8:1 ln:1 nine:2 mth:2 78:1 84:1 14:1 1:1 15:1 3:2 55:1 0:1 53:1 6:1 note:1 exclude:1 capital:1 gain:1 751:1 dlrs:4 664:1 quarter:1 881:1 409:1
FIRST UNION REAL ESTATE INVESTMENTS <FUR> NET 3rd qtr Oper shr 27 cts vs 29 cts Oper net 4,926,000 vs 5,231,000 Revs 18.5 mln vs 17.8 ln Nine mths Oper shr 78 cts vs 84 cts Oper net 14.1 mln vs 15.3 mln Revs 55.0 mln vs 53.6 mln NOTE: Net excludes capital gains of 751,000 dlrs vs 664,000 dlrs in quarter and 5,881,000 dlrs vs 3,409,000 dlrs in nine mths.
test/21216
test/21216 |@title iran:1 say:1 us:1 attack:1 involve:1 full:1 scale:1 war:1 |@word top:1 iranian:4 military:1 official:3 say:3 america:1 attack:2 oil:2 platform:2 monday:1 involve:1 united:2 states:2 full:2 scale:1 war:3 iran:3 would:1 avenge:1 crush:1 blow:1 enter:1 swamp:1 way:1 get:1 safely:1 news:1 agency:1 irna:1 quote:1 head:1 information:1 headquarters:1 kamal:1 kharrazi:1 washington:1 become:1 involved:1 call:1 fledged:1 first:1 reaction:1 four:1 u:1 navy:1 destroyer:1 reshadat:1
IRAN SAYS US ATTACK INVOLVES IT IN FULL-SCALE WAR A top Iranian military official said America's attack on an Iranian oil platform on Monday had involved the United States in full-scale war and Iran would avenge it with a 'crushing blow.' 'The United States has entered a swamp from which it can in no way get out safely,' the Iranian news agency IRNA quoted the head of Iran's war information headquarters as saying. The official, Kamal Kharrazi, said Washington had now become involved in what he called a full-fledged war with Iran. It was the first official Iranian reaction to the attack by four U.S. Navy destroyers on the Reshadat oil platform.
test/21218
test/21218 |@title federal:1 mogul:1 corp:1 fmo:1 3rd:1 qtr:1 net:1 |@word shr:3 66:1 ct:3 vs:5 48:1 net:2 8:1 413:1 000:3 6:2 112:1 sale:2 267:1 9:1 mln:6 230:1 nine:1 mth:1 2:2 20:1 dlrs:3 05:1 28:1 1:2 26:1 4:1 806:1 7:2 720:1 note:1 1986:1 3rd:1 qtr:1 result:1 include:1 extraordinary:1 loss:1 extinguishment:1 debt:1 482:1 12:1
FEDERAL-MOGUL CORP <FMO> 3RD QTR NET Shr 66 cts vs 48 cts Net 8,413,000 vs 6,112,000 Sales 267.9 mln vs 230.6 mln Nine mths Shr 2.20 dlrs vs 2.05 dlrs Net 28.1 mln 26.4 mln Sales 806.7 mln vs 720.7 mln NOTE: 1986 3rd qtr results include extraordinary loss on extinguishment of debt of 1,482,000 dlrs or 12 cts a shr.
test/21219
test/21219 |@title usacafes:1 lp:1 usf:1 3rd:1 qtr:1 net:1 |@word shr:2 33:1 ct:3 vs:9 13:1 net:2 2:2 272:1 000:8 880:1 revs:2 6:3 399:1 5:1 912:1 chainwide:2 sale:2 142:1 0:1 mln:6 126:1 7:2 nine:1 mth:1 1:4 07:1 dlrs:1 44:1 369:1 868:1 19:1 16:1 402:1 9:1 357:1 avg:1 shrs:1 918:1 569:1
USACAFES LP <USF> 3RD QTR NET Shr 33 cts vs 13 cts Net 2,272,000 vs 880,000 Revs 6,399,000 vs 5,912,000 Chainwide sales 142.0 mln vs 126.7 mln Nine mths Shr 1.07 dlrs vs 44 cts Net 7,369,000 vs 2,868,000 Revs 19.1 mln vs 16.1 mln Chainwide sales 402.9 mln vs 357.1 mln Avg shrs 6,918,000 vs 6,569,000
test/21221
test/21221 |@title acme:1 electric:1 corp:1 ace:1 1st:1 qtr:1 oct:1 two:1 |@word shr:1 17:1 ct:4 vs:4 four:1 qtly:2 div:1 eight:2 net:1 739:1 000:2 157:1 revs:1 21:1 1:1 mln:2 14:1 5:1 note:1 1986:1 1st:1 qtr:1 adjust:1 five:1 pct:1 stock:1 dividend:2 pain:1 march:1 1987:1 payable:1 december:1 seven:1 shareholder:1 record:1 november:1 nine:1
ACME ELECTRIC CORP <ACE> 1ST QTR OCT TWO Shr 17 cts vs four cts Qtly div eight cts vs eight cts Net 739,000 vs 157,000 Revs 21.1 mln vs 14.5 mln NOTE: 1986 1st qtr adjusted for five pct stock dividend pain in March 1987. Qtly dividend payable December seven to shareholders or record November nine.
test/21222
test/21222 |@title nbi:2 inc:1 1st:1 qtr:1 loss:1 |@word sept:1 30:1 end:1 shr:1 loss:4 38:1 ct:2 vs:4 three:1 net:1 3:1 300:1 000:5 205:1 revs:1 63:1 4:1 mln:2 72:1 1:1 avg:1 shrs:1 8:1 966:1 9:1 741:1 note:1 1986:1 first:1 quarter:1 result:1 include:1 398:1 gain:1 repurchase:1 debenture:1 discount:1 market:1 value:1
NBI INC <NBI> 1ST QTR LOSS Sept 30 end Shr loss 38 cts vs loss three cts Net loss 3,300,000 vs loss 205,000 Revs 63.4 mln vs 72.1 mln Avg shrs 8,966,000 vs 9,741,000 NOTE: 1986 first quarter results include 398,000 gain from repurchase of debentures that had been discounted below market value.
test/21224
test/21224 |@title avx:2 corp:1 3rd:1 qtr:1 oct:1 three:1 net:1 |@word shr:2 profit:6 30:1 ct:4 vs:8 three:1 net:2 3:1 933:1 000:3 436:1 revs:2 70:1 4:1 mln:9 47:1 2:5 avg:2 13:3 0:2 nine:1 mth:1 85:1 loss:2 17:1 11:1 083:1 192:1 1:1 144:1 8:1 shrs:1 12:1
AVX CORP <AVX> 3RD QTR OCT THREE NET Shr profit 30 cts vs profit three cts Net profit 3,933,000 vs profit 436,000 Revs 70.4 mln vs 47.2 mln Avg 13.2 mln vs 13.0 mln Nine mths Shr profit 85 cts vs loss 17 cts Net profit 11.2 mln vs loss 2,083,000 Revs 192.1 mln vs 144.8 mln Avg shrs 13.2 mln vs 12.0 mln
test/21227
test/21227 |@title stratus:1 computer:1 inc:1 stra:1 3rd:1 qtr:1 net:1 |@word shr:2 26:1 ct:4 vs:6 18:1 net:2 5:1 281:1 000:3 3:1 496:1 revs:2 48:1 8:1 mln:5 32:1 1:1 nine:1 mth:1 64:1 51:1 12:1 9:2 822:1 129:1 0:1 89:1 2:1
STRATUS COMPUTER INC <STRA.O> 3RD QTR NET Shr 26 cts vs 18 cts Net 5,281,000 vs 3,496,000 Revs 48.8 mln vs 32.1 mln Nine mths Shr 64 cts vs 51 cts Net 12.9 mln vs 9,822,000 Revs 129.0 mln vs 89.2 mln
test/21228
test/21228 |@title sosnoff:1 reduce:1 caesars:1 world:1 caw:1 stake:1 |@word new:1 york:1 investor:1 martin:1 sosnoff:3 say:4 reduce:1 stake:1 caesars:3 world:4 inc:1 common:2 stock:3 3:1 878:1 700:1 share:3 16:2 pct:2 company:1 outstanding:1 17:1 4:1 try:1 unsuccessfully:1 acquire:1 earlier:1 year:1 filing:1 securities:1 exchange:1 commission:1 sell:1 338:1 975:1 caesar:1 october:1 15:1 22:1 50:1 dlrs:2 25:2 hold:1 primarily:1 investment:1 purpose:1 also:1 reserve:1 right:1 alter:1 intention:1 time:1
SOSNOFF REDUCES CAESARS WORLD <CAW> STAKE New York investor Martin Sosnoff said he reduced his stake in Caesars World Inc common stock to 3,878,700 shares, or 16 pct of the company's common stock outstanding, from about 17.4 pct. Sosnoff, who tried unsuccessfully to acquire Caesars World earlier this year, said in a filing with the Securities and Exchange Commission that he sold 338,975 Caesars World shares on October 15 and 16 at 22.50 dlrs to 25.25 dlrs a share. Sosnoff said he holds his Caesars World stock 'primarily for investment purposes'. He also said he reserves the right to alter his intentions at any time.
test/21230
test/21230 |@title crazy:2 eddie:2 inc:2 say:2 win:2 oppose:2 slate:2 entertainment:2 marketing:2 |@word
CRAZY EDDIE INC SAYS IT WON'T OPPOSE SLATE OF ENTERTAINMENT MARKETING CRAZY EDDIE INC SAYS IT WON'T OPPOSE SLATE OF ENTERTAINMENT MARKETING
test/21232
test/21232 |@title myers:1 industries:1 inc:1 mye:1 3rd:1 qtr:1 net:1 |@word shr:2 26:1 ct:4 vs:6 18:1 net:2 1:1 409:1 551:1 985:1 470:1 revs:2 38:1 4:2 mln:4 22:1 5:1 nine:1 mth:1 64:1 47:1 3:2 477:1 188:1 2:2 558:1 625:1 88:1 8:1 63:1 9:1 note:1 earning:1 per:1 share:1 adjust:1 stock:1 split:1 distribute:1 september:1
MYERS INDUSTRIES INC <MYE> 3RD QTR NET Shr 26 cts vs 18 cts Net 1,409,551 vs 985,470 Revs 38.4 mln vs 22.5 mln Nine mths Shr 64 cts vs 47 cts Net 3,477,188 vs 2,558,625 Revs 88.8 mln vs 63.9 mln NOTE: Earnings per share adjusted for 3-for-2 stock split distributed on September 4.
test/21233
test/21233 |@title victoria:1 banckshares:1 inc:1 vict:1 3rd:1 qtr:1 net:1 |@word shr:2 profit:4 two:1 ct:2 vs:4 loss:4 2:2 60:1 dlrs:2 net:2 111:1 000:2 16:1 9:1 mln:2 nine:1 mth:1 19:1 80:1 1:2 261:1 18:1
VICTORIA BANCKSHARES INC <VICT.O> 3RD QTR NET Shr profit two cts vs loss 2.60 dlrs Net profit 111,000 vs loss 16.9 mln Nine mths Shr profit 19 cts vs loss 2.80 dlrs Net profit 1,261,000 vs loss 18.1 mln
test/21234
test/21234 |@title interstate:1 securities:1 inc:1 4th:1 qtr:1 sept:1 30:1 |@word shr:2 11:1 ct:5 vs:7 22:1 qtly:2 div:2 10:2 prior:1 net:2 548:1 254:1 1:3 138:1 978:1 rev:1 28:1 mln:4 31:1 year:1 50:1 34:1 dlrs:1 2:1 527:1 846:1 6:1 822:1 293:1 revs:1 111:1 7:1 118:1 9:1 note:1 payable:1 december:1 4:1 shareholder:1 record:1 november:1 13:1
INTERSTATE SECURITIES INC <IS> 4TH QTR SEPT 30 Shr 11 cts vs 22 cts Qtly div 10 cts vs 10 cts prior Net 548,254 vs 1,138,978 Revs 28 mln vs 31.1 mln Year Shr 50 cts vs 1.34 dlrs Net 2,527,846 vs 6,822,293 Revs 111.7 mln vs 118.9 mln NOTE: Qtly div payable December 4 to shareholders of record November 13.
test/21236
test/21236 |@title pancho:1 mexican:1 buffet:1 inc:1 pamx:1 4th:1 qtr:1 net:1 |@word sept:1 30:1 end:1 shr:2 14:2 ct:4 vs:7 20:1 net:3 733:1 980:1 vcs:1 871:1 720:1 revs:2 7:1 mln:4 12:1 0:2 avg:2 shrs:2 5:1 130:1 190:1 4:3 302:1 430:1 year:1 61:1 60:1 2:2 763:1 308:1 550:1 133:1 50:1 43:1 1:1 565:1 189:1 277:1 046:1 fiscal:1 1987:1 period:1 include:1 charge:1 480:1 000:1 dlrs:1 adjust:1 premium:1 reserve:1 worker:1 compensation:1 liability:1 insurance:1 claim:1
PANCHO'S MEXICAN BUFFET INC <PAMX.O> 4TH QTR NET Sept 30 end Shr 14 cts vs 20 cts Net 733,980 vcs 871,720 Revs 14.7 mln vs 12.0 mln Avg shrs 5,130,190 vs 4,302,430 Year Shr 61 cts vs 60 cts Net 2,763,308 vs 2,550,133 Revs 50.0 mln vs 43.1 mln Avg shrs 4,565,189 vs 4,277,046 Fiscal 1987 net both periods includes charge 480,000 dlrs to adjust premium reserves for workers' compensation and liability insurance claims.
test/21237
test/21237 |@title franklin:1 electric:1 co:1 inc:1 fele:1 3rd:1 qtr:1 net:1 |@word shr:2 85:1 ct:6 vs:6 73:1 net:4 3:2 150:1 000:4 2:2 699:1 sale:2 39:1 8:2 mln:4 34:1 nine:2 mth:1 19:1 dlrs:2 1:1 86:1 109:1 6:1 876:1 111:1 5:1 100:1 7:1 note:1 1987:1 tax:1 credit:2 add:1 14:1 third:1 quarter:1 33:1 month:1 compare:1 16:1 45:1 respective:1 1986:1 period:1
FRANKLIN ELECTRIC CO INC <FELE.O> 3RD QTR NET Shr 85 cts vs 73 cts Net 3,150,000 vs 2,699,000 Sales 39.8 mln vs 34.3 mln Nine Mths Shr 2.19 dlrs vs 1.86 dlrs Net 8,109,000 vs 6,876,000 Sales 111.5 mln vs 100.7 mln NOTE: 1987 tax credits added 14 cts to third quarter net and 33 cts to nine months net compared with credits of 16 cts and 45 cts in the respective 1986 periods.
test/21238
test/21238 |@title altus:1 bank:1 alt:1 3rd:1 qtr:1 net:1 |@word oper:4 shr:2 three:1 ct:6 vs:6 48:1 net:3 170:1 000:8 2:2 324:1 nine:2 mth:1 1:3 26:1 dlrs:6 84:1 6:1 157:1 8:1 907:1 note:1 operate:1 exclude:1 extraordinary:1 gain:1 231:1 four:1 share:4 657:1 55:1 quarter:1 341:1 28:1 4:1 637:1 95:1 month:1
ALTUS BANK <ALTS.O> 3RD QTR NET Oper shr three cts vs 48 cts Oper net 170,000 vs 2,324,000 Nine mths Oper shr 1.26 dlrs vs 1.84 dlrs Oper net 6,157,000 vs 8,907,000 NOTE: Operating net excludes extraordinary gains of 231,000 dlrs, or four cts a share, vs 2,657,000 dlrs, or 55 cts a share, in quarter and 1,341,000 dlrs, or 28 cts a share, vs 4,637,000 dlrs, or 95 cts a share, in the nine months
test/21240
test/21240 |@title kennametal:1 inc:1 kmt:1 1st:1 qtr:1 sept:1 30:1 net:1 |@word shr:1 48:1 ct:2 vs:4 35:1 net:1 4:1 946:1 000:2 3:1 552:1 sale:1 94:1 1:2 mln:4 84:1 5:1 avg:1 shrs:1 10:2 2:1
KENNAMETAL INC <KMT> 1ST QTR SEPT 30 NET Shr 48 cts vs 35 cts Net 4,946,000 vs 3,552,000 Sales 94.1 mln vs 84.5 mln Avg shrs 10.2 mln vs 10.1 mln
test/21242
test/21242 |@title computer:1 consoles:1 inc:1 ccs:1 3rd:1 qtr:1 net:1 |@word oper:4 shr:2 profit:6 four:1 ct:4 vs:8 13:4 net:4 456:1 000:6 1:3 633:1 revs:2 37:1 8:1 mln:9 34:1 0:3 avg:2 shrs:2 nine:2 mth:2 12:2 loss:2 39:1 614:1 4:1 877:1 109:1 2:1 88:1 3:1 5:1 note:1 1987:2 exclude:1 tax:1 credit:1 156:1 dlrs:3 quarter:1 716:1 periood:1 include:1 charge:1 one:1 restructure:1 computer:1 product:1 division:1
COMPUTER CONSOLES INC <CCS> 3RD QTR NET Oper shr profit four cts vs profit 13 cts Oper net profit 456,000 vs profit 1,633,000 Revs 37.8 mln vs 34.0 mln Avg shrs 13.0 mln vs 13.0 mln Nine mths Oper shr profit 12 cts vs loss 39 cts Oper net profit 1,614,000 vs loss 4,877,000 Revs 109.2 mln vs 88.3 mln Avg shrs 13.1 mln vs 12.5 mln NOTE: 1987 net excludes tax credits of 156,000 dlrs in quarter and 716,000 dlrs in nine mths. 1987 net both perioods includes charge one mln dlrs from restructuring of Computer Products Division.
test/21243
test/21243 |@title senate:1 panel:1 studies:1 loan:1 rate:1 set:1 aside:1 plan:1 |@word senate:2 agriculture:2 committee:1 expect:1 consider:1 proposal:3 would:4 limit:2 adjustment:2 county:2 loan:3 rate:3 differential:2 trigger:1 large:2 corn:3 wheat:2 acreage:2 reduction:2 requirement:2 staff:1 say:1 budget:1 save:1 draft:1 chairman:1 patrick:1 leahy:2 vt:1 one:1 pct:1 per:1 year:1 national:1 average:1 start:1 1988:2 crop:1 plan:1 also:2 allow:2 secretary:1 increase:1 unpaid:1 appropriate:1 amount:1 generate:1 saving:1 project:2 stock:2 exceed:1 6:1 0:1 billion:2 bushel:2 set:1 aside:1 surpass:1 1:1 9:1
SENATE PANEL STUDIES LOAN RATE, SET ASIDE PLANS The Senate Agriculture Committee was expected to consider proposals that would limit adjustments in county loan rate differentials which trigger larger corn and wheat acreage reduction requirements, Senate staff said. A budget-saving proposal drafted by chairman Patrick Leahy (D-Vt) would limit adjustments in county loan rate differentials to no more than one pct per year from the national average loan rate, starting with 1988 crops. The plan also would allow the Agriculture Secretary to increase the unpaid acreage reduction requirement for corn by 'an appropriate amount to generate savings' if projected corn stocks exceeded 6.0 billion bushels. Leahy's proposal would also allow a larger 1988 wheat set aside if projected stocks surpassed 1.9 billion bushels.
test/21244
test/21244 |@title omnicare:1 inc:1 ocr:1 3rd:1 qtr:1 net:1 |@word shr:2 profit:6 five:1 ct:5 vs:6 loss:2 one:1 net:5 504:1 000:7 102:1 revs:1 31:1 4:1 mln:4 32:1 0:1 nine:3 mth:3 17:1 26:1 1:2 729:1 2:2 596:1 rev:1 92:1 7:1 112:1 6:1 note:1 1986:4 3rd:1 qtr:1 include:3 tax:1 charge:2 555:1 dlrs:4 sale:2 reliacare:2 inc:2 253:1 12:1 share:2 inspiron:1 hospital:1 product:1 division:1 also:1 aftertax:1 earning:1 256:1 22:1 american:1 medical:1 international:1 ami:1 contract:1 expire:1 july:1
OMNICARE INC <OCR> 3RD QTR NET Shr profit five cts vs loss one ct Net profit 504,000 vs loss 102,000 Revs 31.4 mln vs 32.0 mln Nine mths Shr profit 17 cts vs profit 26 cts Net profit 1,729,000 vs profit 2,596,000 Revs 92.7 mln vs 112.6 mln NOTE: 1986 3rd qtr net includes a after-tax charge of 555,000 dlrs for sale of Reliacare Inc. 1986 nine mths net includes charge of 1,253,000 dlrs or 12 cts a share for sale of Reliacare and Inspiron Hospital Products division. 1986 nine mths net also includes aftertax earnings of 2,256,000 dlrs or 22 dlrs a share for American Medical International Inc <AMI> contracts which expired July 1986.
test/21245
test/21245 |@title u:2 industrial:2 capacity:2 use:2 rate:2 81:2 2:2 pct:2 september:2 unchanged:2 august:2 |@word
U.S. INDUSTRIAL CAPACITY USE RATE 81.2 PCT IN SEPTEMBER, UNCHANGED FROM AUGUST U.S. INDUSTRIAL CAPACITY USE RATE 81.2 PCT IN SEPTEMBER, UNCHANGED FROM AUGUST
test/21248
test/21248 |@title dime:2 savings:1 bank:1 n:1 3rd:1 qtr:1 net:1 |@word shr:2 1:1 22:1 dlrs:7 net:5 27:1 8:2 mln:8 vs:5 28:1 6:3 nine:4 mth:4 3:2 88:1 87:1 4:4 98:1 7:4 asset:1 10:3 billion:6 deposit:1 loan:1 9:2 0:1 note:1 full:1 name:1 dime:1 savings:1 bank:2 new:1 york:1 1986:3 per:1 share:1 figure:1 available:1 convert:1 stock:1 form:1 august:1 1987:2 qtr:3 include:3 gain:2 5:1 33:1 2:1 respectively:2 utilization:2 operating:2 loss:2 carryforward:2 32:1 also:1 charge:1 835:1 000:1 early:1 extinguishment:1 debt:1 tax:1 benefit:1
DIME SAVINGS BANK N.Y. <DIME.O> 3RD QTR NET Shr 1.22 dlrs Net 27.8 mln vs 28.6 mln Nine mths Shr 3.88 dlrs Net 87.4 mln vs 98.7 mln Assets 10.3 billion vs 8.4 billion Deposits 7.4 billion vs 6.7 billion Loans 7.9 billion vs 6.0 billion NOTE: Full name is Dime Savings Bank of New York. 1986 per share figures not available as bank converted to stock form in August 1986. 1987 qtr and nine mths includes gain 10.5 mln dlrs and 33.2 mln dlrs, respectively, from utilization of net operating loss carryforwards. 1986 qtr and nine mths includes gain 10.4 mln dlrs and 32.9 mln dlrs, respectively, from utilization of net operating loss carryforwards. 1987 qtr and nine mths also includes charge of 835,000 dlrs for the early extinguishment of debt net of tax benefit.
test/21251
test/21251 |@title hal:1 roach:1 hrsi:1 robert:1 halmi:1 rhi:1 merge:1 |@word robert:6 halmi:6 inc:3 say:12 hal:4 roach:4 studios:1 sign:1 definitive:2 agreement:3 merge:1 stock:3 swap:2 value:1 115:1 mln:2 dlrs:2 base:1 october:1 16:1 closing:1 price:1 company:18 call:1 holder:2 common:3 exchange:2 share:4 one:5 basis:2 combine:2 two:2 half:1 tax:2 free:1 also:2 qintex:6 ltd:1 35:1 pct:3 owner:1 agree:2 use:2 exclusive:1 vehicle:1 u:5 medium:1 entertainment:1 investment:1 subsidiary:4 supply:1 minimum:1 70:1 line:1 credit:1 new:5 shall:1 approval:3 finance:1 hri:3 product:1 division:1 right:4 purchase:2 51:2 open:1 market:1 private:1 transaction:2 tender:1 offer:2 warrant:1 bring:1 ownership:2 achieve:1 within:1 year:2 completion:1 merger:1 thereafter:1 request:1 commence:1 offering:1 stockholder:1 regard:1 potential:1 act:1 standby:1 purchaser:1 subject:1 shareholder:1 receipt:1 certain:1 continue:1 employement:1 sr:2 jr:1 currently:1 chairman:2 chief:3 executive:2 officer:2 david:1 evans:1 current:1 president:1 operate:1 become:1
HAL ROACH <HRSI.O>, ROBERT HALMI <RHI> TO MERGE Robert Halmi Inc said it and Hal Roach Studios Inc signed a definitive agreement to merge in a stock swap value at 115 mln dlrs, based on October 16 closing prices. The company said the agreement calls for the holders of common stock in Hal Roach to exchange their shares on a one-for-one basis for shares in the combined company. It said holders of Robert Halmi common will exchange their shares on a two-and-one-half-for-one basis for shares in the combined company. The company said the swap will be tax-free. The company also said <Qintex Ltd>, a 35 pct owner of Hal Roach common stock, has agreed to use the company as the exclusive vehicle for its U.S. media and entertainment investments, the company said. The company said Qintex's U.S. subsidiary also agreed to supply a minimum 70 mln dlrs line of credit to the new company, which shall be used, with Qintex approval, for financing new HRI products. The company said that under the definitive agreement, Qintex's U.S. division will have the right to purchase up to 51 pct of the new company in the open market, in private transactions or by tender offer, but will not be purchasing warrants to bring its ownership to 51 pct of the new company. If Qintex's U.S. subsidiary has not achieved this ownership within one year after the completion of the merger, the subsidiary will have the right two years thereafter to request that HRI commence a rights offering to HRI stockholders, the company said. Regarding the potential rights offering, Qintex's U.S. subsidiary will act as standby purchaser, the company said. The transaction is subject to the approval of both company's shareholders, the receipt of certain tax approvals, and the continued employement of Robert Halmi Sr and Robert Halmi Jr, the company said. Robert Halmi Sr, who is currently chairman and chief executive officer of Robert Halmi Inc, will be chairman of the new company and David Evans, current president and chief operating officer of Hal Roach, will become chief executive, the company said.
test/21252
test/21252 |@title piccadilly:1 cafeterias:1 inc:1 picc:1 1st:1 qtr:1 net:1 |@word sept:1 30:1 end:1 shr:1 32:2 ct:2 vs:3 net:1 2:2 990:1 000:2 988:1 sale:1 57:1 3:1 mln:2 54:1 6:1
PICCADILLY CAFETERIAS INC <PICC.O> 1ST QTR NET Sept 30 end Shr 32 cts vs 32 cts Net 2,990,000 vs 2,988,000 Sales 57.3 mln vs 54.6 mln
test/21253
test/21253 |@title system:1 software:1 ssax:1 complete:1 acquisition:1 |@word system:1 software:2 associates:1 inc:1 say:1 complete:1 previously:1 announce:1 acquisition:1 admin:2 edp:2 pty:1 ltd:1 cash:1 small:1 amount:1 stock:1 sydney:1 australia:1 full:1 service:2 sale:1 firm:1
SYSTEM SOFTWARE <SSAX.O> COMPLETES ACQUISITION System Software Associates Inc said it completed its previously-announced acquisition of Admin EDP Pty Ltd for cash and a small amount of stock. Admin EDP, of Sydney, Australia, is a full-service software sales and services firm.
test/21255
test/21255 |@title first:1 michigan:1 bancorp:1 fmbc:1 3rd:1 qtr:1 net:1 |@word shr:2 55:1 ct:2 vs:4 48:1 net:2 2:2 520:1 000:4 211:1 nine:1 mth:1 1:2 57:1 dlrs:2 41:1 7:1 223:1 6:1 475:1
FIRST MICHIGAN BANCORP <FMBC.O> 3RD QTR NET Shr 55 cts vs 48 cts Net 2,520,000 vs 2,211,000 Nine mths Shr 1.57 dlrs vs 1.41 dlrs Net 7,223,000 vs 6,475,000
test/21256
test/21256 |@title countrywide:1 transport:1 cwts:1 3rd:1 qtr:1 net:1 |@word shr:2 19:2 ct:4 vs:7 15:1 net:2 826:1 362:1 421:1 759:1 revs:1 0:1 mln:4 14:1 8:1 avg:2 shrs:2 4:1 400:1 000:4 2:2 900:2 nine:1 mth:1 48:1 31:1 1:2 872:1 075:1 887:1 478:1 rev:1 51:1 6:1 41:1 3:1 889:1 note:1 full:1 name:1 countrywide:1 transport:1 services:1 inc:1
COUNTRYWIDE TRANSPORT <CWTS.O> 3RD QTR NET Shr 19 cts vs 15 cts Net 826,362 vs 421,759 Revs 19.0 mln vs 14.8 mln Avg shrs 4,400,000 vs 2,900,000 Nine Mths Shr 48 cts vs 31 cts Net 1,872,075 vs 887,478 Revs 51.6 mln 41.1 mln Avg shrs 3,889,000 vs 2,900,000 Note: Full name Countrywide Transport Services Inc.
test/21257
test/21257 |@title software:1 services:1 america:1 inc:1 ssoa:1 net:1 |@word shr:1 four:1 ct:2 vs:3 five:1 net:1 85:1 292:1 109:1 285:1 revs:1 2:1 916:1 128:1 474:1 819:1
SOFTWARE SERVICES OF AMERICA INC <SSOA.O> NET Shr four cts vs five cts Net 85,292 vs 109,285 Revs 2,916,128 vs 474,819
test/21259
test/21259 |@title keycorp:1 key:1 3rd:1 qtr:1 net:1 |@word shr:2 85:1 ct:2 vs:6 77:1 net:2 25:1 8:1 mln:8 21:1 9:2 avg:2 shrs:2 29:2 0:2 27:1 1:2 nine:1 mth:1 2:2 22:1 dlrs:2 14:1 67:1 60:1 26:1 5:1 note:1 previously:1 reoprte:1 amount:1 restate:1 earning:1 first:1 northwest:1 bancorp:1 acquire:1 pooling:1 interest:1 july:1 31:1 1987:1
KEYCORP <KEY> 3RD QTR NET Shr 85 cts vs 77 cts Net 25.8 mln vs 21.9 mln Avg shrs 29.0 mln vs 27.1 mln Nine mths Shr 2.22 dlrs vs 2.14 dlrs Net 67.9 mln vs 60.1 mln Avg shrs 29.0 mln vs 26.5 mln NOTE: Previously reoprted amounts restated for earnings of First NorthWest Bancorp acquired in pooling of interests on July 31, 1987.
test/21260
test/21260 |@title allied:1 signal:1 inc:1 ald:1 3rd:1 qtr:1 oper:1 net:1 |@word oper:5 shr:2 1:1 02:1 dlrs:9 vs:6 82:2 ct:5 net:5 174:1 mln:14 149:1 revs:2 2:5 7:2 billion:4 4:3 nine:7 mth:7 54:1 64:1 438:1 492:1 8:1 note:1 1987:6 3rd:2 qtr:2 include:4 tax:4 dlr:1 49:1 share:6 gain:4 increase:1 equity:1 union:1 texas:1 petroleum:1 holdings:1 inc:2 initial:1 public:1 offering:1 73:1 42:1 sale:2 remain:1 interest:1 henley:1 group:2 related:1 transaction:1 partly:1 offset:1 loss:1 30:1 ot:1 17:1 repurchase:1 high:1 coupon:1 bond:1 also:1 exclude:3 79:1 estimate:1 disposal:1 discontinued:2 operation:3 march:1 31:1 linotype:1 amphenol:1 products:1 ampex:1 corp:1 1986:5 amount:1 restate:1 expense:1 discontinue:1 operate:1 income:1 15:1 44:1 43:1 24:1 reversion:1 surplus:1 pension:1 fund:1 end:2 third:1 quarter:1 average:2 outstanding:2 169:1 9:2 175:2 deduct:2 dividend:2 accure:1 preferred:2 stock:2 period:1 172:1 5:1 respectively:1
ALLIED-SIGNAL INC <ALD> 3RD QTR OPER NET Oper shr 1.02 dlrs vs 82 cts Oper net 174 mln vs 149 mln Revs 2.7 billion vs 2.4 billion Nine mths Oper shr 2.54 dlrs vs 2.64 dlrs Oper net 438 mln vs 492 mln Revs 8.2 billion vs 7.4 billion NOTE: 1987 3rd qtr and nine mths includes after-tax 82 mln dlr or 49 cts a share gain for increase in equity of Union Texas Petroleum Holdings Inc, for initial public offering. 1987 nine mths net includes after-tax gain of 73 mln dlrs or 42 cts a share on sale of remaining interest in the Henley Group Inc and other related transactions, which was partly offset by an after-tax loss of 30 mln dlrs ot 17 cts a share for repurchase of high coupon bonds. 1987 nine mths also excludes 79 mln dlrs for estimated net gain on disposal of discontinued operations as of March 31, 1987, including Linotype Group, Amphenol Products, Ampex Corp. 1986 amounts restated to exclude sales and expenses of discontinued operations. 1986 3rd qtr and nine mths oper net excludes operating income of 15 mln dlrs and and 44 mln dlrs for discontinued operations. 1986 nine mths includes a 43 mln dlrs or 24 cts a share after tax gain for reversion of surplus pension funds. At end of 1987 and 1986 third quarter, average shares outstanding were 169.9 mln and 175.4 mln outstanding, after deducting dividends accured on preferred stock. At end of 1987 and 1986 nine mth period, average shares were 172.5 mln and 175.9, respectively, after deducting for preferred stock dividends.
test/21261
test/21261 |@title corby:1 distilleries:1 cdl:1 buy:1 heublein:1 unit:1 |@word corby:5 distilleries:1 ltd:3 say:6 agree:1 buy:1 toronto:1 base:1 mcguinness:5 distillers:1 heublein:3 inc:2 45:1 mln:1 dlrs:1 move:1 expect:2 add:1 significantly:1 domestic:1 earning:1 heublin:1 subsidiary:1 grand:1 metropolitan:1 plc:1 gmhl:1 l:1 remain:1 seperate:2 business:1 unit:1 sale:2 force:1 market:3 liquer:1 brandy:1 liquor:1 enter:1 fast:1 expand:1 wine:2 cooler:2 benefit:1 succesfull:1 introduction:1 schnapps:1 strength:1 traditional:1 sector:1 include:1 calona:1 wines:1 canadian:1 company:1 still:1 represent:1 canada:2 gilbey:1 reuter:1
CORBY DISTILLERIES <CDL.TO> TO BUY HEUBLEIN UNIT Corby Distilleries Ltd said it has agreed to buy Toronto-based McGuinness Distillers Ltd from Heublein Inc for about 45 mln dlrs in a move which Corby expects to add significantly to domestic earnings. Heublin is a subsidiary of Grand Metropolitan PLC (GMHL.L). Corby said McGuinness will remain a seperate business unit with a seperate sales force. McGuinness markets liquers, brandy, and other liquors and has entered the fast-expanding wine cooler market, Corby said. Corby said it expects to benefit from McGuinness's succesfull introduction of schnapps and coolers and its strength in traditional market sectors. Heublein said the sale does not include McGuinness's Calona Wines Ltd, a Canadian wine company. Heublein said it is will still be represented in Canada by Gilbey Canada Inc. reuter
test/21262
test/21262 |@title burr:1 brown:1 corp:1 bbrc:1 3rd:1 qtr:1 net:1 |@word shr:2 16:1 ct:4 vs:6 13:1 net:2 1:2 538:1 000:4 288:1 sale:2 35:1 3:2 mln:4 29:1 5:1 nine:1 mth:1 27:1 37:1 2:2 601:1 586:1 102:1 0:1 84:1
BURR-BROWN CORP <BBRC.O> 3RD QTR NET Shr 16 cts vs 13 cts Net 1,538,000 vs 1,288,000 Sales 35.3 mln vs 29.5 mln Nine Mths Shr 27 cts vs 37 cts Net 2,601,000 vs 3,586,000 Sales 102.0 mln vs 84.2 mln
test/21264
test/21264 |@title temple:1 inland:1 inc:1 tin:1 3rd:1 qtr:1 net:1 |@word shr:2 1:5 24:1 dlrs:4 vs:6 66:1 net:2 38:1 2:2 mln:7 20:1 revs:2 419:1 333:1 8:1 nine:1 mth:1 3:1 50:1 74:1 107:1 7:1 53:1 billion:1 940:1
TEMPLE-INLAND INC <TIN> 3RD QTR NET Shr 1.24 dlrs vs 66 dlrs Net 38.2 mln vs 20.1 mln Revs 419.1 mln vs 333.8 mln Nine mths Shr 3.50 dlrs vs 1.74 dlrs Net 107.7 mln vs 53 mln Revs 1.2 billion vs 940 mln
test/21265
test/21265 |@title universal:1 furniture:1 ltd:1 ufurf:1 3rd:1 qtr:1 net:1 |@word shr:2 34:1 ct:4 vs:6 26:1 net:2 6:1 150:1 000:2 4:3 743:1 revs:2 61:1 mln:7 49:1 5:2 nine:1 month:1 89:1 70:1 16:1 11:1 8:1 170:1 137:1 note:1 share:3 per:1 datum:1 adjust:1 reflect:1 100:1 pct:1 stock:1 dividend:1 distrition:1 april:1 24:1 1987:1 public:1 offier:1 two:1 ofthe:1 company:1 june:1 1986:1
UNIVERSAL FURNITURE LTD <UFURF.O> 3RD QTR NET Shr 34 cts vs 26 cts Net 6,150,000 vs 4,743,000 Revs 61.4 mln vs 49.5 mln Nine months Shr 89 cts vs 70 cts Net 16 mln vs 11.8 mln Revs 170 mln vs 137.5 mln NOTE: All share and per share data have been adjusted to reflect 100 pct stock dividend distrition on April 24, 1987 and the public offier of two mln shares ofthe company on June 4, 1986.
test/21266
test/21266 |@title schulman:1 inc:1 shlm:1 4th:1 qtr:1 aug:1 31:1 net:1 |@word shr:2 63:1 ct:2 vs:6 49:1 net:2 5:2 635:1 000:2 4:1 330:1 sale:2 117:1 8:2 mln:6 96:1 2:3 year:2 21:1 dlrs:2 1:2 71:1 19:1 15:1 465:1 388:1 note:1 share:1 adjust:1 february:1 1987:1 three:1 two:1 split:1 prior:1 result:1 restate:1
A. SCHULMAN INC <SHLM.O> 4TH QTR AUG 31 NET Shr 63 cts vs 49 cts Net 5,635,000 vs 4,330,000 Sales 117.8 mln vs 96.2 mln Year Shr 2.21 dlrs vs 1.71 dlrs Net 19.8 mln vs 15.2 mln Sales 465.1 mln vs 388.5 mln NOTE: Share adjusted for February 1987 three-for-two split. Prior year results restated.
test/21267
test/21267 |@title usx:1 x:1 unit:1 hike:1 crude:1 oil:1 post:1 price:1 |@word marathon:1 petroleum:1 company:2 subsidiary:1 usx:1 corp:3 say:2 lower:1 post:2 price:3 crude:1 oil:2 50:2 ct:2 effective:2 date:1 october:1 16:1 increase:3 bring:1 west:2 texas:2 intermediate:1 sour:1 19:3 00:2 dlrs:3 barrel:4 south:1 louisiana:1 sweet:1 35:1 several:1 indepndent:1 permian:1 coastal:1 cgp:1 move:1 last:1 friday:1 day:1 sun:2 co:1 announce:1
USX <X> UNIT HIKES CRUDE OIL POSTED PRICES Marathon Petroleum Company, a subsidiary of USX Corp, said it lowered posted prices for crude oil by 50 cts with an effective date of October 16. The increase brings posted prices for West Texas Intermediate and West Texas Sour to 19.00 dlrs a barrel each. South Louisiana Sweet was increased to 19.35 dlrs a barrel. Several indepndent oil companies such as Permian Corp and Coastal Corp <CGP> said they had moved prices up effective last Friday the day Sun Co <SUN> announced a 50 cts a barrel increase to 19.00 dlrs a barrel.
test/21271
test/21271 |@title bearings:1 inc:1 ber:1 1st:1 qtr:1 net:1 |@word sept:1 30:1 end:1 primary:2 76:1 ct:4 vs:6 51:1 dilute:2 shr:1 70:1 49:1 net:1 2:3 802:1 000:6 030:1 rev:1 124:1 9:1 mln:2 117:1 avg:2 shrs:2 3:1 687:1 4:2 016:1 786:1 5:1 101:1
BEARINGS INC <BER> 1ST QTR NET Sept 30 end Primary 76 cts vs 51 cts Diluted shr 70 cts vs 49 cts Net 2,802,000 vs 2,030,000 Revs 124.9 mln vs 117.2 mln Primary avg shrs 3,687,000 vs 4,016,000 Diluted avg shrs 4,786,000 vs 5,101,000
test/21272
test/21272 |@title chemical:1 waste:1 management:1 inc:1 chw:1 3rd:1 qtr:1 net:1 |@word shr:2 24:2 ct:4 vs:6 15:1 net:2 057:1 000:4 14:1 508:1 revs:2 156:1 1:1 mln:4 111:1 2:1 nine:1 mth:1 63:2 40:1 183:1 36:1 464:1 405:1 0:1 295:1 8:1
CHEMICAL WASTE MANAGEMENT INC<CHW> 3RD QTR NET Shr 24 cts vs 15 cts Net 24,057,000 vs 14,508,000 Revs 156.1 mln vs 111.2 mln Nine mths Shr 63 cts vs 40 cts Net 63,183,000 vs 36,464,000 Revs 405.0 mln vs 295.8 mln
test/21274
test/21274 |@title marathon:2 raise:2 crude:2 post:2 price:2 50:2 ct:2 barrel:2 effective:2 october:2 16:2 |@word
MARATHON RAISED CRUDE POSTED PRICES BY 50 CTS A BARREL EFFECTIVE OCTOBER 16. MARATHON RAISED CRUDE POSTED PRICES BY 50 CTS A BARREL EFFECTIVE OCTOBER 16.
test/21275
test/21275 |@title air:1 product:1 chemicals:1 inc:1 apd:1 4th:1 qtr:1 net:1 |@word oper:4 shr:2 70:1 ct:2 vs:7 18:1 net:5 39:1 1:3 mln:10 10:1 0:1 sale:2 543:1 6:3 489:1 year:5 2:3 83:1 dlrs:6 82:1 159:1 7:2 106:1 9:1 13:1 billion:2 94:1 avg:1 shrs:1 56:1 4:2 58:1 note:1 result:1 restate:1 discontinue:2 engineering:1 service:1 operation:2 prior:1 exclude:2 loss:1 143:1 000:2 quarter:2 102:1 156:1 fiscal:2 1987:1 081:1 dlr:1 charge:2 early:1 debt:1 retirement:1 1986:1 include:1 special:1 24:1 37:1 worgroce:1 reduction:1 cost:1 revaluation:1 south:1 african:1 investment:2 reversal:1 tax:1 credit:1 othe4r:1 item:1
AIR PRODUCTS AND CHEMICALS INC <APD> 4TH QTR NET Oper shr 70 cts vs 18 cts Oper net 39.1 mln vs 10.0 mln Sales 543.6 mln vs 489.6 mln Year Oper shr 2.83 dlrs vs 1.82 dlrs Oper net 159.7 mln vs 106.9 mln Sales 2.13 billion vs 1.94 billion Avg shrs 56.4 mln vs 58.6 mln NOTE: Results restated for discontinued engineering services operations. Prior year net excludes losses from discontinued operations of 143,000 dlrs in quarter and 102,156 dlrs in year. Fiscal 1987 year net excludes 4,081,000 dlr charge from early debt retirement. Fiscal 1986 net includes special charges 24.7 mln dlrs in quarter and 37.2 mln dlrs in year from worgroce reduction costs, revaluation of South African investment, reversal of investment tax credits and othe4r items.
test/21277
test/21277 |@title transatlantic:1 row:1 imperil:1 louvre:1 accord:1 dealer:1 |@word louvre:6 accord:6 currency:5 stability:1 maintain:1 uneasy:1 calm:1 market:8 since:1 last:2 february:1 appear:1 serious:1 danger:1 today:1 transatlantic:1 dispute:2 west:8 german:5 interest:4 rate:6 come:1 boil:1 foreign:2 exchange:3 dealer:1 say:6 dollar:3 slide:1 mark:1 world:1 stock:1 bond:1 plunge:1 official:3 major:2 industrial:3 country:2 play:1 bilateral:1 problem:1 united:1 states:1 germany:4 insist:1 pact:2 still:3 alive:1 u:7 treasury:2 secretary:1 james:1 baker:7 spark:1 fear:1 attack:1 rise:2 short:3 term:5 keeping:1 spirit:2 agree:2 recently:1 earlier:1 month:1 washington:1 television:1 interview:1 sunday:1 refer:1 meeting:3 finance:5 minister:3 group:1 seven:1 g7:2 lead:1 nation:1 reaffirm:1 japan:2 large:2 trade:1 surplus:1 pledge:1 boost:1 economic:1 growth:1 take:2 export:1 stop:1 talk:1 however:1 saturday:1 agreement:1 operative:1 move:2 would:1 force:1 examine:1 tell:2 go:1 hammer:1 declare:1 bet:1 cooperation:1 chris:1 johns:1 analyst:1 ubs:1 phillip:1 draw:1 london:1 bank:4 much:2 sanguine:1 view:1 reuter:1 apparently:1 react:1 anyone:1 sell:1 comment:2 regret:1 later:1 french:2 edouard:1 balladur:1 host:1 one:1 respond:1 directly:1 remark:1 call:1 faithful:1 firm:1 adherence:1 letter:1 neither:1 ministry:2 british:1 row:1 japanese:1 despite:1 frustration:1 high:1 abroad:1 represent:1 readiness:1 scrap:1 basic:1 framework:1 frankfurt:1 f:1 wilhelm:1 christians:1 joint:1 chief:1 executive:1 deutsche:1 follow:1 recent:1 believe:1 commit:1 interpret:1 possible:1 gesture:1 reconciliation:1 bundesbank:1 add:1 liquidity:3 money:2 3:3 80:1 pct:4 monday:1 85:1 level:1 inject:2 medium:1 week:1 france:1 also:1 step:1 hold:1 7:1 4:1 close:1 eight:1
TRANSATLANTIC ROW IMPERILS LOUVRE ACCORD-DEALERS The Louvre accord on currency stability, which has maintained an uneasy calm in currency markets since last February, appeared in serious danger today as a transatlantic dispute over West German interest rates came to the boil, foreign exchange dealers said. But as the dollar slid against the mark and world stock and bond markets plunged, officials in the major industrial countries played down the dispute as a bilateral problem between the United States and West Germany and insisted that the currency pact was still alive. U.S. Treasury Secretary James Baker sparked the market fears when he attacked the rise in West German short-term interest rates. 'That's not in keeping with the spirit of what we agreed to as recently as earlier this month in Washington,' Baker said in a U.S. Television interview on Sunday. He was referring to the meetings of Finance Ministers from the Group of Seven (G7) leading industrial nations which reaffirmed the pact. Under the Louvre Accord West Germany and Japan, who both have large trade surpluses, pledged to boost their economic growth to take in more exports from the U.S., While the U.S. Agreed to stop talking the dollar down. However, Baker said on Saturday that while the Louvre agreement was still operative, the West German interest rate move would force the U.S. To re-examine the accord. 'The foreign exchange market has been told by Baker that he's going to hammer Germany ... He has just declared all bets are off in terms of currency cooperation,' Chris Johns, currency analyst at UBS-Phillips and Drew in London said. But a Bank of Japan official took a much more sanguine view, telling Reuters that 'the exchange market is apparently reacting too much, and anyone who sold the dollar on the Baker comment will regret it later on.' French Finance Minister Edouard Balladur, who hosted the Louvre meeting, was the only one of the G7 Finance Ministers to respond directly to Baker's remarks. He called for 'a faithful and firm adherence by all the major industrial countries to the Louvre accords -- in both their letter and spirit.' Neither the West German Finance Ministry nor the British Treasury commented on the row. But a Japanese Finance Ministry official said that despite U.S. Frustration over higher interest rates abroad, 'this does not represent its readiness to scrap the basic framework of the Louvre Accord.' In Frankfurt F. Wilhelm Christians, joint chief executive of West Germany's largest bank, Deutsche Bank, said that following recent meetings with Baker, he believed that the U.S. Was still committed to the accord. In a move which the market interpreted as a possible gesture of reconciliation, the Bundesbank added short-term liquidity to the West German money market at 3.80 pct on Monday, down from the 3.85 pct level at which it injected medium-term liquidity last week. The Bank of France also stepped into the French money market to hold down rates, injecting short-term liquidity at 7-3/4 pct after rates rose close to eight pct.
test/21278
test/21278 |@title northview:1 novc:1 plan:1 sell:1 company:1 |@word northview:3 corp:2 say:2 reach:1 agreement:2 principal:1 cover:1 acquisition:1 company:1 privately:1 hold:1 calmark:2 financial:1 call:1 make:1 self:1 tender:1 offer:1 outstanding:1 stock:1 price:1 22:1 dlrs:1 per:1 share:1 cash:1 headquarter:1 los:1 angeles:1 develop:1 manage:1 syndicate:1 real:1 estate:1 also:1
NORTHVIEW <NOVC.O> PLANS TO SELL COMPANY Northview Corp said it reached an agreement in principal covering the acquisition of the company by privately-held Calmark Financial Corp. The agreement calls for Northview to make a self-tender offer for all of its outstanding stock at a price of 22 dlrs per share in cash. Calmark, headquartered in Los Angeles, develops, manages and syndicates real estate, Northview also said.
test/21281
test/21281 |@title union:1 national:1 corp:1 unbc:1 3rd:1 qtr:1 net:1 |@word shr:4 80:1 ct:6 vs:8 70:1 dilute:2 76:1 67:1 qtly:1 div:1 33:3 prior:1 net:2 7:2 879:1 000:2 007:1 nine:1 mth:1 2:3 dlrs:4 01:1 22:1 1:1 92:1 23:1 0:3 mln:3 20:2 avg:1 shrs:1 9:1 890:1 148:1 10:2 note:1 dividend:1 pay:1 dec:1 record:1 nov:1
UNION NATIONAL CORP <UNBC.O> 3RD QTR NET Shr 80 cts vs 70 cts Shr diluted 76 cts vs 67 cts Qtly div 33 cts vs 33 cts prior Net 7,879,000 vs 7,007,000 Nine mths Shr 2.33 dlrs vs 2.01 dlrs Shr diluted 2.22 dlrs vs 1.92 dlrs Net 23.0 mln vs 20.0 mln Avg shrs 9,890,148 vs 10.0 mln NOTE: Dividend pay Dec 10, record Nov 20.
test/21282
test/21282 |@title corby:2 distilleries:1 ltd:2 buy:2 heublein:2 mcginness:2 distiller:2 45:2 mln:2 canadian:2 dlrs:2 distillerie:1 |@word
CORBY DISTILLERIES LTD TO BUY HEUBLEIN'S MCGINNESS DISTILLERS FOR 45 MLN CANADIAN DLRS CORBY DISTILLERIES LTD TO BUY HEUBLEIN'S MCGINNESS DISTILLERS FOR 45 MLN CANADIAN DLRS
test/21283
test/21283 |@title amcast:1 industrial:1 corp:1 acst:1 4th:1 qtr:1 loss:1 |@word aug:1 31:1 shr:2 loss:4 34:1 ct:3 vs:8 profit:4 39:1 net:2 2:3 337:1 000:8 532:1 revs:2 66:1 1:3 mln:6 58:1 5:2 avg:2 shrs:2 7:4 166:1 6:2 763:1 12:1 month:1 26:1 20:1 dlrs:3 815:1 927:1 264:1 3:1 229:1 005:1 621:1 note:1 result:1 include:1 pretax:1 restructuring:1 provision:1 4:1 22:1 1987:1 1986:1 respectively:1
AMCAST INDUSTRIAL CORP <ACST.O> 4TH QTR LOSS Aug 31 Shr loss 34 cts vs profit 39 cts Net loss 2,337,000 vs profit 2,532,000 Revs 66.1 mln vs 58.5 mln Avg shrs 7,166,000 vs 6,763,000 12 months Shr profit 26 cts vs loss 1.20 dlrs Net profit 1,815,000 vs loss 7,927,000 Revs 264.3 mln vs 229.7 mln Avg shrs 7,005,000 vs 6,621,000 NOTE: Results include pretax restructuring provisions of 4.2 mln dlrs and 22.5 mln dlrs for 1987 and 1986, respectively.
test/21285
test/21285 |@title fed:1 arrange:1 three:1 day:1 system:1 repos:1 |@word federal:2 reserve:2 enter:1 government:1 security:1 market:1 arrange:1 three:1 day:1 system:1 repurchase:1 agreement:1 spokesman:1 new:1 york:1 fed:1 say:2 fund:1 trade:1 7:1 5:1 8:1 pct:1 time:1 direct:1 injection:1 temporary:1 dealer:1
FED ARRANGES THREE-DAY SYSTEM REPOS The Federal Reserve entered the government securities market to arrange three-day system repurchase agreements, a spokesman for the New York Fed said. Federal funds were trading at 7-5/8 pct at the time of the direct injection of temporary reserves, dealers said.
test/21286
test/21286 |@title datacopy:1 corp:1 dcpy:1 3rd:1 qtr:1 net:1 |@word shr:2 profit:6 three:1 ct:4 vs:6 one:1 net:2 129:1 082:1 36:1 099:1 revs:2 3:1 864:1 187:1 1:1 875:1 919:1 nine:2 mth:2 loss:2 six:1 two:1 303:1 581:1 110:1 311:1 9:1 517:1 242:1 5:1 248:1 105:1 note:1 prior:1 qtr:1 figure:1 include:1 extraordinarycredit:1 15:1 000:2 dlrs:2 48:1 respectively:1
DATACOPY CORP <DCPY.O> 3RD QTR NET Shr profit three cts vs profit one ct Net profit 129,082 vs profit 36,099 Revs 3,864,187 vs 1,875,919 Nine Mths Shr loss six cts vs profit two cts Net loss 303,581 vs profit 110,311 Revs 9,517,242 vs 5,248,105 NOTE: Prior qtr and nine mth figures include extraordinarycredits of 15,000 dlrs and 48,000 dlrs, respectively.
test/21287
test/21287 |@title media:1 general:1 meg:1 holder:1 may:1 seek:1 control:1 |@word shareholder:3 group:6 lead:1 barris:2 industries:1 inc:2 brss:1 say:6 acquire:1 9:1 8:1 pct:1 stake:1 media:1 general:5 class:2 common:2 stock:3 may:2 seek:3 contorl:1 company:3 filing:1 securities:1 exchange:1 commission:1 hold:2 2:1 711:1 000:2 share:5 medium:4 commons:1 purchase:2 total:1 cost:1 108:1 3:1 mln:1 dlrs:3 addition:1 possible:3 bid:2 control:2 additional:1 possibly:1 one:1 seat:1 board:1 director:1 proxy:1 contest:1 would:1 subject:1 recapitalization:1 restructuring:1 change:1 charter:1 document:1 law:1 discussion:1 third:2 party:2 gauge:1 interest:1 join:1 agreement:1 reach:1 talk:1 expect:1 continue:1 october:1 13:1 16:1 industry:1 buy:1 1:1 322:1 200:1 42:1 50:2 45:1 open:1 market:1 transaction:1 another:1 12:1 privately:1
MEDIA GENERAL <MEG> HOLDERS MAY SEEK CONTROL A shareholder group led by Barris Industries Inc <BRSS.O> said it acquired a 9.8 pct stake in Media General Inc Class A common stock and may seek seek contorl of the company. In a filing with the Securities and Exchange Commission, the group said it holds 2,711,000 shares of Media General commons stock purchased at a total cost of about 108.3 mln dlrs. In addition to the possible bid for control, the group said it may purchase additional Media General shares or possibly seek one or more seats on the company's board of directors through a proxy contest. A bid for control of Media General would be subject to 'a recapitalization or possible restructuring and to possible changes in the charter documents and by-laws of the company,' it said. The group said it had held discussions with third parties to gauge their interest in joining the shareholder group, but no agreements were reached. Talks with third parties are expected to continue, the shareholder group said. Between October 13 and 16, Barris Industries bought 1,322,200 shares of Media General Class A common stock 42.50 dlrs to 45.50 dlrs a share in open market transactions, and another 12,000 shares privately.
test/21291
test/21291 |@title k:2 skii:1 buy:1 califora:1 ski:1 area:1 |@word ltd:1 goldmine:2 ski:5 associates:1 inc:1 say:3 reach:1 agreement:1 call:1 k:2 buy:1 california:2 area:3 approximately:2 10:2 mln:2 dlrs:2 killlington:1 mount:1 snow:1 resort:1 vt:1 locate:1 san:1 bernardino:1 mountain:1 company:1 plan:1 invest:1 next:1 year:1
S-K-I <SKII.O> TO BUY CALIFORA SKI AREA S-K-I Ltd and <Goldmine Ski Associates Inc> said they reached an agreement calling for S-K-I to buy Goldmine's California ski area for approximately 10 mln dlrs. S-K-I, which owns Killlington and Mount Snow ski resorts in Vt., said the California ski area is located in the San Bernardino mountains. The company said it plans to invest approximately 10 mln dlrs into the ski area in the next few years.
test/21292
test/21292 |@title allegis:1 aeg:1 westin:1 sets:1 news:1 conference:1 sale:1 |@word westin:2 hotel:2 resort:1 subsidiary:1 allegis:3 corp:1 say:2 hold:1 press:1 conference:1 october:1 21:1 near:1 san:1 francisco:1 discuss:1 pende:1 sale:1 61:1 chain:1 plan:1 sell:1 buyt:1 announce:1 deal:1 set:1
ALLEGIS'<AEG>WESTIN SETS NEWS CONFERENCE ON SALE Westin Hotels and Resorts, a subsidiary of Allegis Corp, said it will hold a press conference on October 21 near San Francisco to discuss the pending sale of the 61-hotel chain by Allegis. Allegis has said that it plans to sell Westin buyt has not announced that a deal has been set.
test/21293
test/21293 |@title sweden:1 boliden:1 open:1 saudi:1 arabian:1 gold:1 mine:1 |@word mining:2 group:3 boliden:6 ab:1 say:6 agree:1 saudi:6 state:1 agency:1 general:1 petroleum:1 mineral:1 organisation:1 petromin:2 open:3 gold:4 mine:3 arabia:4 exploit:1 one:2 world:1 rich:1 deposit:2 metal:1 spokesman:1 goran:1 paulson:2 tell:1 reuters:1 swedish:1 would:4 responsible:1 technical:1 side:1 operation:1 control:1 product:1 option:1 discussion:1 refine:1 ore:3 ship:1 ronnskar:2 copper:1 smelter:1 northern:1 sweden:1 decline:1 give:1 figure:1 deal:1 strategically:1 important:1 since:1 increase:1 presence:1 representative:1 visit:1 already:2 see:1 expansion:1 area:1 future:1 new:2 develop:1 mahd:1 adh:1 dhahab:1 west:1 country:1 first:2 half:1 1988:1 annual:1 output:1 3:1 000:2 kilo:1 smelt:1 around:1 120:1 ton:1 50:1 pct:1 venture:1 modern:1 time:1 breakthrough:1 sale:1 technology:1 knowhow:1 chief:1 executive:1 kjell:1 nilsson:1
SWEDEN'S BOLIDEN TO OPEN SAUDI ARABIAN GOLD MINE Mining group Boliden AB said it had agreed with Saudi state agency General Petroleum and Mineral Organisation (Petromin) to open a gold mine in Saudi Arabia to exploit one of the world's richest deposits of the metal. Boliden spokesman Goran Paulson told Reuters the Swedish group would be responsible for the technical side of the operation and would have no control over the product itself. He said one option under discussion for refining the gold ore would be to ship it to Boliden's Ronnskar copper smelter in northern Sweden. Paulson declined to give a figure for the deal but said it was strategically important since it increased Boliden's presence in Saudi Arabia. 'Representatives from Petromin have visited Ronnskar already...We see Saudi Arabia as the expansion area of the future,' he said. The new mine, which is being developed at Mahd adh Dhahab in the west of the country and should open in the first half of 1988, would have an annual output of about 3,000 kilos of gold smelted from around 120,000 tons of ore, he said. Boliden already owns 50 pct of a gold ore deposit in Saudi Arabia, but the new venture will be the first Saudi mine to open in modern times. 'This is a breakthrough for Boliden's sales of mining technology and knowhow,' said the group's chief executive, Kjell Nilsson.
test/21295
test/21295 |@title american:1 republic:1 bancorp:1 arbc:1 3rd:1 qtr:1 net:1 |@word shr:2 profit:6 32:1 ct:4 vs:6 nine:2 net:2 413:1 000:4 63:1 avg:2 shrs:2 1:2 278:1 360:1 728:2 476:2 mth:1 68:1 loss:2 57:1 708:1 415:1 041:1 697:1
AMERICAN REPUBLIC BANCORP <ARBC.O> 3RD QTR NET Shr profit 32 cts vs profit nine cts Net profit 413,000 vs profit 63,000 Avg shrs 1,278,360 vs 728,476 Nine Mths Shr profit 68 cts vs loss 57 cts Net profit 708,000 vs loss 415,000 Avg shrs 1,041,697 vs 728,476
test/21297
test/21297 |@title cal:1 fed:1 income:1 cfi:1 buy:1 two:1 shopping:1 center:1 |@word cal:1 fed:1 income:1 partners:1 l:1 p:1 say:2 acquire:1 two:1 shopping:3 center:3 total:1 price:1 18:1 4:2 mln:3 dlrs:3 company:1 buy:1 best:1 plaza:1 pleasanton:1 calif:2 12:1 bristol:1 place:1 santa:1 ana:1 16:1
CAL FED INCOME <CFI> BUYS TWO SHOPPING CENTERS Cal Fed Income Partners L.P. said it has acquired two shopping centers for a total price of 18.4 mln dlrs. The company said it bought Best Plaza Shopping Center in Pleasanton, Calif., For 12 mln dlrs and Bristol Place Shopping Center in Santa Ana, Calif., for 16.4 mln dlrs.
test/21298
test/21298 |@title firstier:1 financial:1 inc:1 frst:1 3rd:1 qtr:1 net:1 |@word shr:2 1:1 05:1 dlrs:3 vs:4 74:1 ct:1 net:2 5:1 244:1 000:2 3:1 684:1 nine:1 mth:1 2:2 93:1 14:2 6:2 mln:2 10:1
FIRSTIER FINANCIAL INC <FRST.O> 3RD QTR NET Shr 1.05 dlrs vs 74 cts Net 5,244,000 vs 3,684,000 Nine Mths Shr 2.93 dlrs vs 2.14 dlrs Net 14.6 mln vs 10.6 mln
test/21300
test/21300 |@title southwest:1 bancorp:1 swb:1 3rd:1 qtr:1 loss:1 |@word shr:4 loss:7 primary:2 82:2 ct:10 vs:11 profit:4 15:1 dilute:2 13:1 net:2 4:2 134:1 000:10 649:1 avg:2 shrs:2 5:3 030:1 3:5 927:2 nine:2 mth:2 80:2 37:1 32:1 615:1 1:1 652:1 557:1 loan:1 231:1 2:1 mln:6 221:1 deposit:1 323:1 281:1 9:1 asset:1 368:1 346:1 note:1 prior:1 qtr:1 figure:1 include:1 operate:1 carryforward:1 gain:1 105:1 dlrs:2 two:1 per:2 share:2 195:1 four:1 respectively:1
SOUTHWEST BANCORP <SWB> 3RD QTR LOSS Shr loss primary 82 cts vs profit 15 cts Shr loss diluted 82 cts vs 13 cts Net loss 4,134,000 vs profit 649,000 Avg shrs 5,030,000 vs 3,927,000 Nine Mths Shr loss primary 80 cts vs profit 37 cts Shr loss diluted 80 cts vs 32 cts Net loss 3,615,000 vs profit 1,652,000 Avg shrs 4,557,000 vs 3,927,000 Loans 231.2 mln vs 221.5 mln Deposits 323.3 mln vs 281.9 mln Assets 368.3 mln vs 346.5 mln Note: Prior qtr and nine mth figures include operating loss carryforward gains of 105,000 dlrs, or two cts per share and 195,000 dlrs, or four cts per share, respectively.
test/21301
test/21301 |@title shamrock:1 capital:1 complete:1 central:1 soya:1 sale:1 |@word shamrock:2 capital:1 l:1 p:1 limited:1 partnership:1 lead:1 holdings:1 inc:2 say:1 complete:1 sale:2 central:2 soya:2 co:1 ferruzzi:2 agricola:1 finanziaria:1 italy:1 term:2 agreement:1 announce:1 september:1 15:1 acquire:1 equity:1 assume:1 subordinated:1 debt:1 195:1 mln:2 dlrs:2 transaction:1 value:1 370:1
SHAMROCK CAPITAL COMPLETES CENTRAL SOYA SALE Shamrock Capital L.P, a limited partnership led by Shamrock Holdings Inc, said it completed its sale of Central Soya Co Inc to Ferruzzi Agricola Finanziaria of Italy. Under terms of the sale agreement, which was announced on September 15, Ferruzzi acquired all the equity in Central Soya and assumed subordinated term debt of about 195 mln dlrs in a transaction valued at about 370 mln dlrs.
test/21302
test/21302 |@title martin:1 marietta:1 ml:1 3rd:1 qtr:1 net:1 |@word shr:2 1:3 02:1 dlrs:5 vs:6 96:1 ct:3 net:3 55:1 6:1 mln:5 53:1 2:3 revs:2 3:7 billion:5 nine:2 mth:2 13:1 88:1 171:1 159:1 0:1 8:1 5:1 note:1 1987:2 3rd:1 qtr:1 include:1 one:1 time:1 tax:1 charge:1 14:1 26:1 share:2 previously:1 announce:1 anticipated:1 sale:1 fourth:1 quarter:1 investment:1 equatorial:1 communication:1 co:1 1986:1 amount:1 restate:1 increase:1 four:1 change:1 pension:1 expense:1 accounting:1 backlog:1 september:1 30:1 9:1 company:1 say:1 record:1
MARTIN MARIETTA <ML> 3RD QTR NET Shr 1.02 dlrs vs 96 cts Net 55.6 mln vs 53.2 mln Revs 1.3 billion vs 1.2 billion Nine mths Shr 3.13 dlrs vs 2.88 dlrs Net 171.3 mln vs 159.0 mln Revs 3.8 billion vs 3.5 billion NOTE: 1987 3rd qtr and nine mths includes one time after-tax charge of 14.3 mln dlrs or 26 cts a share for previously announced anticipated sale in the fourth quarter of an investment in Equatorial Communications Co. 1986 amounts restated, increasing net by four cts a share, for change in pension expense accounting. Backlog on September 30, 1987 was 9.3 billion dlrs, which company said was a record.
test/21303
test/21303 |@title stoltenberg:1 assume:1 cooperation:1 continue:1 |@word west:2 german:2 government:1 assume:1 commitment:1 international:1 monetary:1 cooperation:1 renew:1 washington:1 last:1 month:1 continue:1 finance:2 ministry:1 spokesman:1 quote:1 minister:1 gerhard:1 stoltenberg:2 say:1 statement:1 reaction:1 criticism:1 rise:1 interest:1 rate:1 voice:1 u:1 treasury:1 secretary:1 james:1 baker:1 weekend:1
STOLTENBERG ASSUMES COOPERATION WILL CONTINUE The West German government assumes that the commitment to international monetary cooperation which was renewed in Washington last month will continue, a Finance Ministry spokesman quoted Finance Minister Gerhard Stoltenberg as saying. Stoltenberg's statement was a reaction to criticism of rises in West German interest rates voiced by U.S. Treasury Secretary James Baker over the weekend.
test/21307
test/21307 |@title barris:2 ind:2 say:2 lead:2 group:2 9:2 8:2 pct:2 medium:2 general:2 may:2 seek:2 control:2 |@word
BARRIS IND. SAYS IT LEADS GROUP WITH 9.8 PCT OF MEDIA GENERAL, MAY SEEK CONTROL BARRIS IND. SAYS IT LEADS GROUP WITH 9.8 PCT OF MEDIA GENERAL, MAY SEEK CONTROL
test/21308
test/21308 |@title neiman:1 marcus:1 group:1 inc:1 nmg:1 2nd:1 qtr:1 aug:1 2:1 loss:1 |@word shr:2 give:1 net:2 loss:2 69:1 0:1 mln:8 vs:4 profit:2 3:3 682:1 000:1 revs:2 258:1 229:1 6:1 six:1 mth:1 58:1 8:2 13:1 517:1 9:1 466:1 5:1 note:1 company:1 recently:1 spin:1 carter:2 hawley:2 hale:2 stores:1 inc:1 chh:1 current:1 year:1 period:1 include:1 40:1 dlrs:1 pretax:1 charge:1 restructuring:1
NEIMAN-MARCUS GROUP INC <NMG> 2ND QTR AUG 2 LOSS Shr not given Net loss 69.0 mln vs profit 3,682,000 Revs 258.3 mln vs 229.6 mln Six mths Shr loss 58.8 mln vs profit 13.3 mln Revs 517.9 mln vs 466.5 mln NOTE: Company recently spun off from Carter Hawley Hale Stores Inc <CHH>. Current year net both periods includes 40.8 mln dlrs in pretax charges from Carter Hawley Hale restructuring.
test/21314
test/21314 |@title arizona:1 silver:1 asc:1 report:1 burro:1 creek:1 |@word arizona:1 silver:2 corp:1 say:3 diamond:2 drilling:3 burro:2 creek:2 mine:1 property:1 locate:1 65:1 mile:1 southeast:1 kingman:1 ariz:1 begin:2 company:2 report:1 indicate:1 project:1 area:1 cover:1 800:1 acre:1 could:1 potential:1 reserve:1 three:1 four:1 mln:1 ton:1 gold:1 mineralization:1 drill:1 site:1 establish:1 program:1 consist:1 initial:1 5:1 000:1 foot:1 october:1 13:1
ARIZONA SILVER <ASC> REPORTS ON BURRO CREEK Arizona Silver Corp said diamond drilling on its Burro Creek Mine Property, located 65 miles southeast of Kingman, Ariz., has begun. The company said a report indicated that the Burro Creek project area which covers 800 acres, could have potential reserves of three to four mln tons of gold and silver mineralization. Drill sites have been established and a diamond drilling program consisting of an initial 5,000 feet of drilling began October 13, the company said.
test/21315
test/21315 |@title deluxe:1 check:1 printers:1 inc:1 dlx:1 3rd:1 qtr:1 net:1 |@word shr:2 50:1 ct:2 vs:6 35:1 net:2 42:1 7:1 mln:8 29:1 9:2 revs:2 236:1 5:3 218:1 2:1 nine:3 mth:1 1:2 24:1 dlrs:2 02:1 105:1 8:1 86:1 702:1 642:1 note:1 1987:1 month:1 earning:1 include:1 nonrecurre:1 gain:1 cent:1 share:1 sale:1 company:1 datum:1 card:1 investment:1
DELUXE CHECK PRINTERS INC <DLX> 3RD QTR NET Shr 50 cts vs 35 cts Net 42.7 mln vs 29.9 mln Revs 236.5 mln vs 218.2 mln Nine mths Shr 1.24 dlrs vs 1.02 dlrs Net 105.8 mln vs 86.9 mln Revs 702.5 mln vs 642.5 mln NOTE: 1987 nine-month earnings include nonrecurring gain of nine cents a share from sale of the company's Data Card investment.
test/21318
test/21318 |@title transamerica:1 ta:1 unit:2 buy:1 reinsurance:1 |@word transamerica:6 insurance:3 group:2 main:1 property:1 liability:1 operation:1 corp:1 say:4 sign:1 definitive:1 agreement:1 acquire:1 newly:1 form:1 insurer:1 commerical:1 risk:1 underwriter:1 co:2 clarendon:2 ltd:1 unit:1 rename:1 reinsurance:2 initially:1 capitalize:1 185:1 mln:1 dlrs:1 acquisition:2 represent:1 first:1 move:1 specialty:1 treaty:1 company:1 28:1 member:1 join:1 part:1 expect:1 close:1 november:1 subject:1 various:1 regulatory:1 approval:1
TRANSAMERICA <TA> UNIT BUYS REINSURANCE UNIT Transamerica Insurance Group, the main property-liability insurance operation of Transamerica Corp, said it signed a definitive agreement to acquire a newly-formed insurer, Commerical Risk Underwriters Insurance Co, from <Clarendon Group Ltd>. Transamerica said the unit, which will be renamed Transamerica Reinsurance Co, will initially be capitalized at about 185 mln dlrs. Transamerica said the acquisition represents its first move into specialty treaty reinsurance. The company said about 28 members of Clarendon will join Transamerica as part of the acquisition, which is expected to close in November and is subject to various regulatory approvals.
test/21319
test/21319 |@title industrial:1 equity:1 5:1 4:1 pct:1 triton:1 oil:1 |@word group:1 firm:1 lead:1 hong:1 kong:1 base:1 industrial:3 equity:3 pacific:3 ltd:2 say:5 acquire:3 969:1 515:1 share:3 triton:7 oil:1 corp:1 common:4 stock:6 5:2 4:2 pct:6 company:2 outstanding:1 control:1 brierley:1 investments:1 bryw:1 apply:1 u:1 antitrust:1 regulator:1 buy:4 50:4 current:1 stake:1 investment:1 purpose:1 inform:1 present:1 good:1 faith:1 intention:1 15:1 mln:1 dlrs:2 worth:1 also:1 tell:1 may:1 depend:1 market:1 condition:1 possibly:1 100:1 vote:1 security:1 receive:1 clearance:1 september:1 11:1 report:1 250:1 000:1 october:1 8:1 22:1
INDUSTRIAL EQUITY HAS 5.4 PCT OF TRITON <OIL> A group of firms led by Hong Kong-based Industrial Equity (Pacific) Ltd, said it acquired 969,515 shares of Triton Oil Corp common stock, or 5.4 pct of the company's common stock outstanding. Industrial Equity (Pacific), which is controlled by Brierley Investments Ltd <BRYW.WE> and which has applied with U.S. antitrust regulators to buy up to 50 pct of Triton's common stock, said the current 5.4 pct stake was acquired for investment purposes. The company said it informed Triton of its present 'good faith intention' to buy more than 15 mln dlrs worth of Triton stock. It said it also told Triton it 'may depending on market conditions acquire 50 pct or more and possibly 100 pct of the voting securities of (Triton).' It said it received clearance to buy up to 50 pct of the stock on September 11. Industrial Equity (Pacific) reported it bought 250,000 shares of Triton common stock on October 8 at 22.50 dlrs a share.
test/21321
test/21321 |@title uk:1 sugar:1 factory:1 close:1 due:1 shortage:1 beet:1 |@word british:4 sugar:11 plc:1 force:1 shut:1 ipswich:5 factory:8 sunday:1 afternoon:1 due:2 acute:1 shortage:1 beet:9 supply:3 spokesman:3 say:2 respond:1 reuter:1 inquiry:1 dry:1 combination:1 wet:2 weather:2 prevent:1 farmer:1 catchment:1 area:3 harvesting:4 last:4 week:3 hurricane:1 block:1 road:2 remain:2 closed:1 clear:1 build:1 first:1 time:1 many:1 year:4 close:1 mid:1 campaign:4 add:1 continue:1 process:3 normally:2 difficult:1 one:1 13:2 operate:1 excess:1 500:1 000:1 tonne:3 annual:1 crop:2 around:2 eight:1 mln:3 despite:1 closure:1 severe:1 problem:1 maintain:1 estimate:1 production:1 1:2 2:1 white:1 value:1 34:1 grow:1 u:2 k:2 processing:1 begin:1 month:1 expect:1 run:1 end:1 january:1 work:1 24:1 hour:1 day:2 seven:1 october:2 11:1 12:1 pct:2 harvest:1 little:1 different:1 stage:1 lift:2 since:1 however:1 severely:1 restrict:1 figure:1 18:1 yet:1 available:1
UK SUGAR FACTORY CLOSES DUE TO SHORTAGE OF BEET British Sugar Plc was forced to shut its Ipswich sugar factory on Sunday afternoon due to an acute shortage of beet supplies, a spokesman said, responding to a Reuter inquiry Beet supplies have dried up at Ipswich due to a combination of very wet weather, which has prevented most farmers in the factory's catchment area from harvesting, and last week's hurricane which blocked roads. The Ipswich factory will remain closed until roads are cleared and supplies of beet build up again. This is the first time in many years that a factory has been closed in mid-campaign, the spokesman added. Other factories are continuing to process beet normally, but harvesting remains very difficult in most areas. Ipswich is one of 13 sugar factories operated by British Sugar. It processes in excess of 500,000 tonnes of beet a year out of an annual beet crop of around eight mln tonnes. Despite the closure of Ipswich and the severe harvesting problems in other factory areas, British Sugar is maintaining its estimate of sugar production this campaign at around 1.2 mln tonnes, white value, against 1.34 mln last year, the spokesman said. British Sugar processes all sugar beet grown in the U.K. The sugar beet processing campaign, which began last month, is expected to run until the end of January. Sugar factories normally work 24 hours a day, seven days a week during the campaign. As of October 11, 12 pct of the U.K. Sugar crop had been harvested, little different to the same stage last year when 13 pct had been lifted. Since then, however, very wet weather has severely restricted beet lifting. Harvesting figures for the week to October 18 are not yet available.
test/21322
test/21322 |@title home:1 savings:1 bank:1 brooklyn:1 hmsb:1 3rd:1 qtr:1 |@word shr:2 57:1 ct:1 vs:8 give:2 net:4 6:1 889:1 000:10 10:1 7:1 mln:3 nine:3 mth:3 1:3 67:1 dlrs:9 20:1 23:1 0:1 note:1 company:1 go:1 public:1 november:1 1986:2 period:1 include:2 5:1 642:1 dlr:1 pretax:2 gain:3 sale:2 branch:1 security:1 loan:2 loss:1 90:2 46:1 quarter:2 213:1 2:1 605:1 losxs:1 provision:1 125:1 30:1 275:1
HOME SAVINGS BANK OF BROOKLYN <HMSB.O> 3RD QTR Shr 57 cts vs not given Net 6,889,000 vs 10.7 mln Nine mths Shr 1.67 dlrs vs not given Net 20.1 mln vs 23.0 mln NOTE: Company went public in November 1986. 1986 net both periods includes 5,642,000 dlr pretax gain on sale of branches. Net includes securities and loan sales loss 90,000 dlrs pretax vs gain 46,000 dlrs in quarter and gains 1,213,000 dlrs vs 2,605,000 dlrs in nine mths and loan losxs provisions 125,000 dlrs vs 30,000 dlrs in quarter and 275,000 dlrs vs 90,000 dlrs in nine mths.
test/21323
test/21323 |@title |@word stoltenberg:2 say:2 assume:2 monetary:2 cooperation:2 continue:2
Stoltenberg says he assumes monetary cooperation will continue Stoltenberg says he assumes monetary cooperation will continue
test/21324
test/21324 |@title mci:1 communications:1 corp:1 mcic:1 3rd:1 qtr:1 net:1 |@word shr:2 eight:1 ct:4 vs:6 six:1 net:2 22:1 mln:8 18:1 revs:2 994:1 910:1 nine:2 mth:2 19:1 20:1 55:1 54:1 2:4 9:2 billion:2 7:1 note:2 1987:1 3rd:2 qtr:2 include:2 pre:2 tax:3 gain:2 antitrust:1 settlement:1 000:4 dlrs:4 6:1 respectively:1 1986:1 65:1 sale:1 mci:1 airsignal:1 subsidiary:1 extraordinary:1 loss:1 17:1 early:1 redemption:1 1:1 pct:1 subordinate:1
MCI COMMUNICATIONS CORP <MCIC.O> 3RD QTR NET Shr eight cts vs six cts Net 22 mln vs 18 mln Revs 994 mln vs 910 mln Nine mths Shr 19 cts vs 20 cts Net 55 mln vs 54 mln Revs 2.9 billion vs 2.7 billion NOTE: 1987 3rd qtr and nine mths include pre-tax gains of from antitrust settlement of 2,000,000 dlrs and 6,000,000 dlrs respectively. 3rd qtr 1986 includes pre-tax gain of 65 mln dlrs from sale of MCI Airsignal subsidiary, and after-tax extraordinary loss of 17 mln dlrs from early redemption of 9-1/2 pct subordinated notes.
test/21325
test/21325 |@title sterling:1 drug:1 inc:1 sty:1 3rd:1 qtr:1 net:1 |@word shr:2 1:3 03:1 dlrs:3 vs:8 88:1 ct:1 net:2 59:3 5:1 mln:10 51:2 9:1 revs:2 641:1 7:1 557:1 8:2 avg:2 shrs:2 57:2 4:2 0:2 nine:1 mth:1 2:3 14:1 145:1 126:1 71:1 billion:2 47:1 note:1 1986:1 figure:1 restate:1 reflect:1 change:1 accounting:1 method:1 relate:1 pension:1 expense:1
STERLING DRUG INC <STY> 3RD QTR NET Shr 1.03 dlrs vs 88 cts Net 59.5 mln vs 51.9 mln Revs 641.7 mln vs 557.8 mln Avg shrs 57.4 mln vs 59.0 mln Nine mths Shr 2.51 dlrs vs 2.14 dlrs Net 145.2 mln vs 126.4 mln Revs 1.71 billion vs 1.47 billion Avg shrs 57.8 mln vs 59.0 mln NOTE: 1986 figures restated to reflected change in accounting methods related to pension expenses.
test/21330
test/21330 |@title fpl:2 group:1 inc:1 3rd:1 qtr:1 net:1 |@word shr:2 1:4 16:1 dlrs:4 vs:8 19:1 net:2 151:1 4:4 mln:8 152:1 revs:2 31:1 billion:4 17:1 avg:2 shrs:2 130:1 0:2 127:1 6:1 12:1 mth:1 3:1 03:1 2:1 85:1 392:1 7:1 353:1 32:1 14:1 129:1 8:1 123:1 9:1
FPL GROUP INC <FPL> 3RD QTR NET Shr 1.16 dlrs vs 1.19 dlrs Net 151.4 mln vs 152.4 mln Revs 1.31 billion vs 1.17 billion Avg shrs 130.0 mln vs 127.6 mln 12 mths Shr 3.03 dlrs vs 2.85 dlrs Net 392.7 mln vs 353.0 mln Revs 4.32 billion vs 4.14 billion Avg shrs 129.8 mln vs 123.9 mln
test/21331
test/21331 |@title |@word french:2 13:2 week:2 bill:2 rate:2 rise:2 8:2 54:2 pct:2 7:2 65:2 bank:2 france:2
French 13-week T-Bill rate rises to 8.54 pct from 7.65 -- Bank of France French 13-week T-Bill rate rises to 8.54 pct from 7.65 -- Bank of France
test/21333
test/21333 |@title multifoods:1 imc:1 file:1 suit:1 bregman:1 |@word international:2 multifoods:3 corp:1 say:3 file:2 suit:5 charge:1 bregman:7 partner:5 affiliate:2 unlawfully:1 plan:1 acquire:2 control:1 company:4 u:3 district:1 court:1 reportedly:2 hold:1 7:1 4:1 pct:1 share:3 try:1 induce:1 multifood:5 management:2 join:1 effort:1 take:1 private:1 give:1 controlling:1 interest:2 partners:1 include:1 belzberg:1 family:1 canada:1 complaint:1 also:1 disclose:1 occasion:1 reject:1 group:2 overture:1 ask:1 divest:2 open:1 market:2 sale:1 manner:1 disrupt:1 place:1 accord:2 seek:2 compensatory:1 punitive:1 damage:1 amount:1 determine:1 addition:1 stop:1 stock:1 vote:1 action:1 propose:1 would:1 prevent:1 shareholder:1 realize:1 full:1 benefit:1 restructuring:1 past:1 three:1 year:1 substantially:1 alter:1 domestic:1 business:1 mix:1 consumere:1 food:1 operation:1 emphasize:1 growth:1 select:1 segment:1 foodservice:1 industry:1
MULTIFOODS <IMC> FILES SUIT AGAINST BREGMAN International Multifoods Corp said it filed a suit charging Bregman Partners and its affiliates unlawfully planned to acquire control of the company. In a suit filed in U.S. District Court, International Multifoods said Bregman Partners and its affiliates, who reportedly hold 7.4 pct of the company's shares, tried to induce Multifood's management to join them in an effort to take the company private and give controlling interest to Bregman Partners. Bregman Partners include the interests of the Belzberg families of Canada. The complaint also discloses that on each occasion, Multifoods management rejected the group's overtures. Multifoods is asking Bregman's group to divest its shares in open market sales in a manner not to further disrupt the market place, according to the suit. The suit seeks compensatory and punitive damages in an amount to be determined. In addition, Multifoods is seeking to stop Bregman Partners from acquiring any more stock, or voting the shares it reportedly owns, the suit said. According to Multifoods, the actions proposed by Bregman Partners would prevent shareholders from realizing the full benefits of the company's restructuring. In the past three years, Multifoods has substantially altered its domestic business mix by divesting its U.S. consumere foods operations and emphasizing growth in selected segments of the U.S. foodservice industry.
test/21336
test/21336 |@title 3rd:1 qtr:1 net:1 |@word shr:3 47:2 ct:5 vs:6 48:1 net:5 505:1 0:3 mln:7 533:1 revs:2 8:2 billion:5 43:1 nine:4 mth:4 1:4 42:1 dlrs:7 16:2 55:1 31:1 billlion:1 25:3 56:1 note:2 full:1 name:1 american:1 telephone:1 telegraph:1 co:1 prior:3 quarter:1 reduce:3 two:1 per:3 share:2 estimate:1 cost:1 workforce:1 consolidate:1 various:1 facility:1 qtr:2 include:1 pretax:2 gain:3 73:1 damage:1 pay:1 republic:1 iran:1 40:1 change:2 company:1 ownership:1 ing:1 c:1 olivetti:1 spa:1 tax:1 add:1 68:1 six:1 income:2 result:1 previously:1 restate:1 reflect:1 depreciation:1 method:1 175:1
AT AND T <T> 3RD QTR NET Shr 47 cts vs 48 cts Net 505.0 mln vs 533.0 mln Revs 8.47 billion vs 8.43 billion Nine mths. Shr 1.42 dlrs vs 1.16 dlrs Net 1.55 billion vs 1.31 billlion Revs 25.0 billion vs 25.56 billion NOTE: Full name is American Telephone and Telegraph Co. NOTE: Prior quarter and nine mth net reduced by 25 mln dlrs, or two cts per share, for estimated costs to reduce workforce and consolidate various facilities. Prior qtr and nine mths include pretax gain of 73 mln dlrs from damages paid by Republic of Iran and pretax gain of 40 mln dlrs from change in company's ownership in ING C. Olivetti SpA. After tax these gains added 68 mln dlrs, or six cts per shr, to net income. Prior qtr and nine mth results were previously restated to reflect a change in depreciation methods that reduced net income by 175 mln dlrs, or 16 cts per share.
test/21337
test/21337 |@title gordon:1 jewelry:1 corp:1 gor:1 4th:1 qtr:1 aug:1 31:1 loss:1 |@word shr:2 loss:6 13:2 ct:2 vs:6 20:1 net:2 1:4 343:1 266:1 2:2 086:2 revs:2 82:1 3:3 mln:8 80:1 year:3 83:1 dlrs:4 profit:2 24:1 19:1 4:1 388:1 370:1 note:1 1987:2 include:2 charge:2 15:1 0:1 pre:1 tax:1 inventory:1 valuation:1 allowance:1 also:1 12:1 8:1 discontinue:1 operation:1
GORDON JEWELRY CORP <GOR> 4TH QTR AUG 31 LOSS Shr loss 13 cts vs loss 20 cts Net loss 1,343,266 vs loss 2,086,086 Revs 82.3 mln vs 80.3 mln Year Shr loss 1.83 dlrs vs profit 1.24 dlrs Net loss 19.2 mln vs profit 13.4 mln Revs 388.1 mln vs 370.3 mln NOTE: 1987 year includes charge 15.0 mln dlrs pre-tax for inventory valuation allowance. 1987 year also includes charge 12.8 mln dlrs from discontinued operations.
test/21339
test/21339 |@title west:1 germany:1 still:1 commit:1 louvre:1 accord:1 |@word west:3 german:3 government:1 source:2 say:4 bonn:1 remain:1 committed:1 louvre:2 accord:1 stabilise:1 currency:1 strike:1 lead:1 western:1 democracy:1 paris:1 last:1 february:1 weekend:1 u:1 treasury:1 secretary:1 james:1 baker:1 criticise:1 recent:1 rise:2 short:1 term:1 interest:3 rate:3 development:2 spirit:1 pact:1 agreement:1 may:1 examine:1 see:1 context:1 worldwide:1
WEST GERMANY STILL COMMITTED TO LOUVRE ACCORD West German government sources said Bonn remained committed to the Louvre Accord to stabilise currencies, which was struck by leading western democracies in Paris last February. Over the weekend, U.S. Treasury Secretary James Baker criticised recent rises in West German short-term interest rates and said such developments were not in the spirit of the Louvre pact. He said the agreement may have to be re-examined. The sources said the West German interest rate rises had to be seen in the context of interest rate developments worldwide.
test/21342
test/21342 |@title fdic:1 seidman:1 say:1 high:1 rate:1 could:1 harm:1 bank:1 |@word federal:1 deposit:1 insurance:1 corp:1 chairman:1 william:1 seidman:3 say:3 would:1 concern:2 impact:1 bank:1 sharp:1 rise:3 interest:2 rate:4 however:1 attend:1 american:1 bankers:1 association:1 convention:1 expect:1 much:2 higher:1 outlook:2 u:1 economy:2 banking:1 sound:2 potential:1 great:1 give:1 see:1 nothing:1 right:1 cause:1 believe:1 go:1 high:1 tell:1 news:1 conference:1
FDIC'S SEIDMAN SAYS HIGHER RATES COULD HARM BANKS Federal Deposit Insurance Corp Chairman William Seidman said he would be concerned about the impact on banks of a further sharp rise in interest rates. However, Seidman, attending the American Bankers Association convention, said he did not expect rates to rise much higher and said the outlook for the U.S. economy and for banking was sound. 'The potential for greater interest rate rises gives us concern. We see nothing right now in the outlook that causes us to believe rates are going much higher or that the economy is not sound,' Seidman told a news conference.
test/21343
test/21343 |@title fed:1 see:1 add:1 reserve:1 via:1 system:1 repos:1 |@word federal:2 reserve:3 expect:1 enter:1 government:1 security:1 market:1 supply:1 banking:1 system:4 via:2 repurchase:2 agreement:1 economist:2 say:3 fed:1 would:1 execute:1 three:1 day:1 meet:1 substantial:1 need:1 add:2 current:1 maintenance:1 period:1 although:1 aggressive:1 overnight:1 repos:1 possible:1 fund:1 open:1 7:2 5:1 8:1 pct:2 remain:1 level:1 late:1 morning:1 compare:1 average:1 effective:1 rate:1 55:1 friday:1
FED SEEN ADDING RESERVES VIA SYSTEM REPOS The Federal Reserve is expected to enter the government securities market to supply reserves to the banking system via system repurchase agreements, economists said. Most economists said the Fed would execute three-day system repurchases to meet a substantial need to add reserves in the current maintenance period, although some said a more aggressive add via overnight system repos was possible. Federal funds opened at 7-5/8 pct and remained at that level late this morning, compared with an average effective rate of 7.55 pct Friday.
test/21346
test/21346 |@title standard:1 product:1 co:1 spd:1 1st:1 qtr:1 sept:1 30:1 net:1 |@word shr:1 40:1 ct:2 vs:4 54:1 net:1 4:1 442:1 000:2 6:2 375:1 sale:1 102:2 8:1 mln:4 5:1 avg:1 shrs:1 11:2 1:1 note:1 share:1 adjust:1 august:1 1987:1 five:1 four:1 split:1
STANDARD PRODUCTS CO <SPD> 1ST QTR SEPT 30 NET Shr 40 cts vs 54 cts Net 4,442,000 vs 6,375,000 Sales 102.8 mln vs 102.5 mln Avg shrs 11.1 mln vs 11.6 mln NOTE: Share adjusted for August 1987 five-for-four split.
test/21350
test/21350 |@title bankeast:1 corp:1 benh:1 3rd:1 qtr:1 net:1 |@word shr:2 17:1 ct:3 vs:4 37:1 net:2 1:3 783:1 000:3 4:1 028:1 nine:1 mth:1 52:1 03:1 dlrs:1 5:1 587:1 11:1 mln:1
BANKEAST CORP <BENH.O> 3RD QTR NET Shr 17 cts vs 37 cts Net 1,783,000 vs 4,028,000 Nine mths Shr 52 cts vs 1.03 dlrs Net 5,587,000 vs 11.1 mln
test/21352
test/21352 |@title dallas:1 corp:1 dls:1 3rd:1 qtr:1 net:1 |@word shr:2 30:1 ct:4 vs:6 12:1 net:2 2:2 191:1 000:4 852:1 sale:2 106:1 6:1 mln:4 102:1 9:3 nine:1 mth:1 44:1 40:1 3:1 236:1 919:1 297:2
DALLAS CORP <DLS> 3RD QTR NET Shr 30 cts vs 12 cts Net 2,191,000 vs 852,000 Sales 106.6 mln vs 102.9 mln Nine mths Shr 44 cts vs 40 cts Net 3,236,000 vs 2,919,000 Sales 297.9 mln vs 297.9 mln
test/21354
test/21354 |@title anchor:1 glass:1 container:1 corp:1 anc:1 3rd:1 qtr:1 net:1 |@word shr:2 34:1 ct:2 vs:7 62:1 net:4 4:3 717:1 000:4 8:2 277:1 revs:2 213:1 mln:8 158:1 7:2 nine:2 mth:2 oper:2 1:2 18:1 dlrs:3 54:1 16:1 2:2 17:1 517:1 451:1 avg:1 shrs:1 13:1 11:1 6:1 note:1 1986:1 exclude204:1 dlr:1 gain:1 reversion:1 pension:1 asset:1 1987:1 period:1 include:1 pretax:1 charge:1 692:1 amortization:1 goodwill:1
ANCHOR GLASS CONTAINER CORP <ANC> 3RD QTR NET Shr 34 cts vs 62 cts Net 4,717,000 vs 8,277,000 Revs 213.4 mln vs 158.7 mln Nine mths Oper shr 1.18 dlrs vs 1.54 dlrs Oper net 16.2 mln vs 17.8 mln Revs 517.2 mln vs 451.4 mln Avg shrs 13.7 mln vs 11.6 mln NOTE: 1986 nine mths net exclude204,000 dlr gain from reversion of pension assets. 1987 net both periods includes pretax charge 692,000 dlrs from amortization of goodwill.
test/21356
test/21356 |@title middle:1 south:1 utilities:1 inc:1 msu:1 3rd:1 qtr:1 net:1 |@word shr:3 90:2 ct:2 vs:9 84:1 net:3 185:1 5:3 mln:6 171:1 revs:3 1:5 08:1 billion:6 07:1 nine:1 mth:2 85:1 dlrs:4 378:1 9:1 389:1 2:3 67:1 69:1 12:1 15:1 87:1 440:1 7:1 382:1 0:1 3:2 47:2
MIDDLE SOUTH UTILITIES INC <MSU> 3RD QTR NET Shr 90 cts vs 84 cts Net 185.5 mln vs 171.5 mln Revs 1.08 billion vs 1.07 billion Nine mths Shr 1.85 dlrs vs 1.90 dlrs Net 378.9 mln vs 389.5 mln Revs 2.67 billion vs 2.69 billion 12 mths Shr 2.15 dlrs vs 1.87 dlrs Net 440.7 mln vs 382.0 mln Revs 3.47 billion vs 3.47 billion
test/21357
test/21357 |@title industrial:1 equity:1 make:1 proposal:1 calmat:1 czm:1 |@word industrial:7 equity:7 pacific:7 ltd:1 hong:1 kong:1 base:1 investment:1 firm:2 lead:1 group:1 hold:2 19:1 1:1 pct:1 calmat:11 co:1 common:3 stock:4 say:5 intend:2 submit:1 proposal:4 possible:2 business:1 combination:1 filing:1 securities:1 exchange:1 commission:1 disclose:1 detail:1 would:1 deliver:1 near:1 future:1 remain:1 passive:1 investor:1 tell:1 sec:2 file:1 president:1 north:1 american:1 operation:1 ronald:1 langley:1 meet:1 official:1 october:2 14:2 discuss:1 acquisition:3 company:4 premium:1 market:1 price:1 add:1 consider:1 launch:1 tender:1 offer:1 make:2 merger:1 decide:1 whether:1 pursue:1 non:1 negotiate:1 basis:1 currently:1 5:1 83:1 mln:2 share:3 also:1 evaluate:1 recently:1 adopt:1 shareholder:1 right:1 plan:1 potential:1 effect:1 2:1 buy:1 918:1 900:1 33:2 dlrs:3 37:1 55:1 total:1 8:1
INDUSTRIAL EQUITY TO MAKE PROPOSAL TO CALMAT<CZM> Industrial Equity (Pacific) Ltd, a Hong Kong-based investment firm leading a group holding 19.1 pct of Calmat Co's common stock, said it intends to submit to Calmat a proposal for a possible business combination. In a filing with the Securities and Exchange Commission, Industrial Equity (Pacific) did not disclose details of the proposal, but said it would be delivered to Calmat in the near future. Industrial Equity (Pacific) 'does not intend to remain a passive investor' in Calmat, the firm told the SEC. In its SEC filing, Industrial Equity (Pacific) said its president of North American operations Ronald Langley met with Calmat officials on October 14 to discuss an acquisition of the company at a premium over the market price of Calmat stock. Industrial Equity (Pacific) added it is considering launching a tender offer for Calmat stock or making a merger proposal to the company, but said it has not decided whether it will pursue a Calmat acquisition on a non-negotiated basis. Industrial Equity (Pacific), which currently holds 5.83 mln Calmat common shares, said it is also evaluating the company's recently adopted shareholder rights plan and its potential effect on Calmat and on possible acquisition proposals made to the company. Between October 2 and 14, Industrial Equity (Pacific) bought 918,900 shares of Calmat common stock at 33 dlrs to 37.55 dlrs a share, or a total of about 33.8 mln dlrs.
test/21358
test/21358 |@title oregon:1 steel:1 buy:1 kaiser:1 napa:1 valley:1 plant:1 |@word kaiser:3 steel:4 corp:2 plant:2 napa:2 calif:1 purchase:1 oregon:2 mill:1 16:1 mln:1 dlrs:1 privately:1 portland:1 company:1 say:2 transaction:1 approve:1 u:1 bankruptcy:1 judge:1 denver:1 hear:1 chapter:1 11:1 reorganization:1 case:1 james:1 mccaughey:1 former:1 vice:1 president:1 sale:1 name:1 general:1 manager:1 call:1 pipe:1
OREGON STEEL BUYS KAISER'S NAPA VALLEY PLANT Kaiser Steel Corp's plant in Napa, Calif, has been purchased by Oregon Steel Mills for 16 mln dlrs, the privately owned Portland company said. The transaction was approved by the U.S. bankruptcy judge in Denver who is hearing Kaiser Steel's Chapter 11 reorganization case. James Mccaughey, former vice president of sales for Kaiser, has been named general manager for the plant, which will be called Napa Pipe Corp, Oregon Steel said.
test/21359
test/21359 |@title unisys:1 corp:1 uis:1 3rd:1 qtr:1 net:1 |@word shr:4 primary:4 68:1 ct:4 vs:12 34:2 dilute:4 65:1 net:4 129:1 7:2 mln:12 52:1 9:1 revs:2 2:2 22:1 billlion:1 42:1 billion:3 avg:4 shrs:4 152:1 1:11 147:2 199:1 8:2 nine:2 mth:2 89:1 dlrs:4 00:2 84:1 361:1 145:1 6:1 91:1 4:3 90:1 151:1 0:1 146:2 198:1 note:1 earning:1 per:1 share:1 1986:6 restate:1 reflect:3 3:1 split:1 effective:1 july:3 1987:1 result:2 three:1 include:1 sperry:3 corp:1 acquire:1 sept:2 16:1 income:3 ownership:1 51:1 pct:2 month:2 august:1 100:1 revenue:2 period:1 reclassification:1 divest:1 operation:1 effect:1
UNISYS CORP <UIS> 3RD QTR NET Shr primary 68 cts vs 34 cts Shr diluted 65 cts vs 34 cts Net 129.7 mln vs 52.9 mln Revs 2.22 billlion vs 2.42 billion Avg shrs primary 152.1 mln vs 147.1 mln Avg shrs diluted 199.8 mln vs 147.1 mln Nine mths Shr primary 1.89 dlrs vs 1.00 dlrs Shr diluted 1.84 dlrs vs 1.00 dlrs Net 361.1 mln vs 145.1 mln Revs 6.91 billion vs 4.90 billion Avg shrs primary 151.0 mln vs 146.4 mln Avg shrs diluted 198.7 mln vs 146.4 mln NOTE: Earnings per share for 1986 have been restated to reflect 3-for-1 split effective July 8, 1987. Results for three and nine mths 1986 includes results from July 1, 1986, of Sperry Corp, acquired on Sept 16, 1986, with net income reflecting ownership in Sperry of about 51 pct for the months of July and August, and 100 pct for the month of Sept 1986. Revenue for 1986 periods reflects reclassification of revenue of divested Sperry operations to other income with no effect on net income.