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M.A. Hanna Co said it has reached
definitive agreement to purchase PMS Consolidated, a privately
owned manufacturer of colorants for the plastics industry.
M.A. Hanna said the purchase, which is subject to certain
conditions, is scheduled to close around the end of October.
Hanna announced last August that it was in negotiaitons to
purchase the company.
Headquartered in Somerset, N.J., PMS reported over 70 mln
dlrs in revenues in its last fiscal year, which ended May 1987.
Reuter
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Ample supplies of OPEC crude weighing on
world markets helped limit and then reverse oil price gains
that followed the U.S. Strike on an Iranian oil platform in the
Gulf earlier on Monday, analysts said.
December loading rose to 19.65 dlrs, up 45 cents before
falling to around 19.05/15 later, unchanged from last Friday.
"Fundamentals are awful," said Philip Lambert, analyst with
stockbrokers Kleinwort Grieveson, adding that total OPEC
production in the first week of October could be above 18.5 mln
bpd, little changed from September levels.
Peter Nicol, analyst at Chase Manhattan Bank, said OPEC
production could be about 18.5-19.0 mln in October. Reuter and
International Energy Agency (IEA) estimates put OPEC September
production at 18.5 mln bpd.
The U.S. Attack was in retaliation of last Friday's hit of
a Kuwaiti oil products tanker flying the U.S. Flag, the Sea
Isle City. It was struck by a missile, believed to be Iranian,
in Kuwaiti waters, and was the first hit on a U.S. Flag
commercial vessel in the seven year Iran/Iraq war.
The U.S. Owned Liberian flag tanker Sungari was hit in the
area on Thursday, also believed struck by an Iranian missile.
Refiners were not significant purchasers of physical oil on
Monday as a result increased Gulf tension following the U.S.
Attack, analysts said.
They said a closure of the Strait of Hormuz, through which
around eight mln bpd passes, isnlikely because it is not in
the interests of the U.S. Or Iran, they said.
Any threat to oil supplies would stem from an increase in
the number of tanker attacks as part of a widening of Gulf
hostilities, analysts said.
But they saw the U.S. Strike as a limited reply to Iranian
missile attacks, with some describing it as responsible.
Geoffrey Pyne, analyst at stockbrokers Phillips and Drew,
said he was impressed by the sensible U.S. Response.
"The U.S. Has thought carefully about what would correspond
to Iranian agression. They have proved to the Iranians that any
further action will be met with a like-for-like response.
Today's action by the U.S. Was not escalatory," Pyne said.
Kleinwort Grieveson's Lambert said the U.S. Strike was "a
responsible retaliation," with the U.S. Apparently indicating to
Iran that it could increase the severity of its attacksf Iran
chose to raise the level of conflict.
Chase Manhattan's Nicol took a different view, however.
He said he was unable to see what the U.S. Had achieved as
Arab states such as Kuwait and Saudi Arabia, whose interests
the U.S. Is supposedly defending, will feel less secure as a
result of the U.S. Attack and fear some sort of Iranian
retaliation.
The initial upward market move this morning reflected a
strong speculative reaction to rumours of a U.S. Attack which
was thought at one stage to have been against Iranian missile
launchers on the Faw Peninsula, close to Kuwait, analysts said.
The later downtrend followed confirmation of a U.S. Navy
attack on an Iranian oil platform by the U.S. Defence Secretary
Caspar Weinburger.
Market operators were able to evaluate the situation in the
Gulf on the basis of confirmed fact, and finding it less
serious than first thought, took profits, taking prices lower,
analysts and traders said.
REUTER
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June 30 end
Shr 0.3 ct vs four cts
Net 18,463 vs 174,486
Revs 5,074,686 vs 4,181,978
Avg shrs 5,624,041 vs 4,860,000
Reuter
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Communications and Cable
Inc said it acquired about 21 pct of the outstanding shares of
Imnet Corp, a privately owned company that designs, makes and
services proprietary image storage and retrieval systems. Terms
were not disclosed.
Reuter
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Baltek Corp said it has acquired
a shrimp packing plant in Ecuador for undisclosed terms.
The company said the acquisition will result in a tripling
of its Ecuadorian shrimp sales to about three mln pounds
annually by 1988.
Reuter
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Shr nine cts vs six cts
Net 242,000 vs 135,000
Sales 4,003,000 vs 2,968,000
Six Mths
Shr 17 cts vs 14 cts
Net 414,000 vs 297,000
Sales 7,54,000 vs 5,912,000
Avg shrs 2.4 mln vs 2.1 mln
NOTE: 1986 net includes tax credits equal to one cent in
the quarter and two cts in the six months.
Reuter
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Shr 42 cts vs 32 cts
Net 1,076,572 vs 826,939
Sales 20.5 mln vs 12.5 mln
NOTE: Company released results in connection with filing
for Class A common stock offering.
Reuter
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French Finance Minister Edouard Balladur
said the Group of Seven (G-7) industrial countries should
respect pledges on monetary policy made in the February Louvre
accord on currency stability.
"We have to strengthen the cooperation between the seven
major industrial countries and remind ourselves of the pledges
we made at the Louvre," he told journalists.
"They were not simply pledges to maintain currency
stability, but also to conduct a certain type of economic and
monetary policy," he added.
Balladur's comments came after U.S. Treasury Secretary
James Baker said on Sunday that the U.S. Would have to
re-examine the Louvre accords in the light of the rise in West
German short-term interest rates.
Balladur was one of the main architects of the Louvre
accord and has invested considerable political capital in
defending them.
REUTER
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BancTEXAS Group Inc said it has signed a
definitive agreement to sell its BancTEXAS Sulphur Springs
affiliate to a group of local investors led by Gene Watson for
a cash amount equal to book value at the time of the sale,
subject to regulatory approvals.
The unit had assets of 18.2 mln dlrs as of September 30.
BancTEXAS said it plans to concentrate on its primary
market, the Dallas area.
Reuter
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Oper shr 17 cts vs not available
Oper net 1,619,000 vs 6,354,000
Nine Mths
Oper shr 80 cts vs not available
Oper net 7,675,000 vs 22,669,000
Assets 6.06 billion vs 5.74 billion
Loans 3.11 billion vs 3.33 billion
Deposits 4.57 billion vs 4.83 billion
NOTE: 1987 operating net excludes tax credits of 3.9 mln
dlrs or 40 cts a share in the quarter and 8.1 mln dlrs or 85
cts in the nine months period.
1986 nine months operating net excludes prepayment
penalties on early retirement of loans of 736,000 dlrs.
Talman Home Federal Savings and Loan Association, Chicago
is full name of company.
Reuter
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Allwaste Inc said it entered into an
agreement in principle to buy Tank Cleaning Co, a
privately-held company that cleans tank trailers, in exchange
for about 1.3 mln shares or Allwaste common.
Allwaste said that Tank Cleaning earned about one mln dlrs
before taxes last year and had about 1.5 mln dlrs in pre-tax
income for the nine months ended September 30.
Reuter
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Shr loss 1.39 dlrs vs profit 1.20 dlrs
Net loss 5,306,000 vs profit 7,246,000
Six mths
Shr loss 18 cts profit 2.23 dlrs
Net profit 3,259,000 vs profit 14.2 mln
Assets 6.79 billion vs 5.42 billion
Deposits 3.99 billion vs 3.38 billion
Loans 4.92 billion vs 4.53 billion
NOTE: 1987 six mths per share includes preferred stock
dividend payments.
Reuter
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Shr 30 cts vs 30 cts
Net 1,804,000 vs 1,800,000
Nine mths
Shr 89 cts vs 79 cts
Net 5,334,000 vs 4,496,000
Reuter
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Iran said several people were injured in
Monday's U.S. Attack on an Iranian offshore oil site and vowed
retaliation, Tehran radio reported.
It quoted President Ali Khamenei as saying, "We will
definitely retaliate and will not leave this American move
unanswered."
A broadcast monitored in Nicosia said several civilian
personnel on the Rashadat oil platforms in the Gulf east of
Qatar were injured when U.S. Warships bombarded them this
afternoon. It described damage as "severe."
Washington said four American frigates shelled and
destroyed two Iranian platforms at the Rashadat (formerly
Rostam) field at 1100 GMT on Monday in response to Friday's
missile attack on a U.S.-flag ship in Kuwaiti waters.
The U.S. Said Iranians used the platforms for military
pruposes and had fired on an American helicopter from the rigs
earlier this month.
Khamenei denied that the platforms had military gear or
personnel and said the U.S. Attack lacked miltary value.
"With this move Mr. Reagan has committed a big mistake and
has definitely increased his problems...
REUTER
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The Senate Agriculture committee voted
to limit changes in county loan rate differentials starting
with the 1988 crop as part of a budget deficit reduction
package.
The panel also approved measures that could trigger larger
corn and wheat acreage reduction requirements, increase
farmer-held reserve storage payments, reduce a potential milk
support price cut, and require advance deficiency payments for
producers of major crops.
A proposal to require imported tropical oils be labeled on
U.S. food products failed by a 10-8 vote.
Reuter
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Federal Reserve Board Vice-Chairman
Manuel Johnson cautioned against seeking "quick-fix solutions" to
persistent U.S. trade and federal budget deficits.
In particular, he told an American Stock Exchange
conference, a decline in the dollar below current levels would
exacerbate financial market conditions.
"Trying to artificially depress the dollar severely below
current levels ... would exacerbate financial market conditions
and lead to further potential for financial problems."
Nowhere, Johnson said, are Fed officials hearing that U.S.
businesses cannot compete at current exchange rates.
He acknowledged the U.S. trade deficit was persisting
despite a decline in the dollar's value of 40 to 50 pct in the
past two years.
But the deficit is improving in volume terms and will soon
begin showing improvement.
"The stage I think is being set for a healthy, constructive
expansion without inflationary instability," he said.
Reuter
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Periods ended September 30
Oper shr 24 cts vs six cts
Oper net 1,297,881 vs 312,295
Sales 60.5 mln vs 52.2 mln
First half
Oper shr 39 cts vs 13 cts
Oper net 2,099,679 vs 711,530
Sales 118.1 mln vs 103.7 mln
NOTE: 1986 operating net excludes losses from discontinued
operations of 154,661 dlrs, or three cts a share, in quarter
and 409,476 dlrs, or seven cts a share, in half.
Reuter
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Shr 43 cts vs 55 cts
Net 6,262,000 vs 7,948,000
Nine mths
Shr 1.30 dlrs vs 1.54 dlrs
Net 18.8 mln vs 22.3 mln
Assets 2.4 billion vs 2.1 billion
NOTE: Prior year amounts restated to reflect 2-for-1 stock
split effective May 15, 1987.
Reuter
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Period ended Sept 27
Shr nine cts vs 24 cts
Net 474,000 vs 880,000
Sales 11.2 mln vs 11.8 mln
Avg shrs 5,369,555 vs 3,654,986
Note: 1986 figures include tax credits of 113,000 dlrs or
three cts a share.
Reuter
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Shr 23 cts vs 22 cts
Net 1,293,000 vs 1,256,000
Sales 39.7 mln vs 31.6 mln
Nine mths
Shr 72 cts vs 61 cts
Net 4,099,000 vs 3,470,000
Sales 115.9 mln vs 87.6 mln
NOTE: Share adjusted for three-for-two stock split in
February 1987.
Reuter
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Shr primary loss eight cts vs profit 49 cts
Shr fully diluted loss eight cts vs profit 45 cts
Net profit 681,000 vs profit 11.5 mln
Nine mths
Shr primary profit 33 cts vs profit 2.36 dlrs
Shr fully diluted profit 33 cts vs profit 1.92 dlrs
Net profit 12.7 mln vs profit 47.5 mln
Assets 10.53 billion vs 10.75 billion
Deposits 5.98 billion vs 5.89 billion
Loans 8.44 billion vs 9.09 billion
NOTE: 1987 nine mth figures include gain of 2,470,000 dlrs
from cumulative effect of an accounting change.
1987 3rd qtr and nine mth figures also include gain of 12.1
mln dlrs from sale of real estate investment property.
1987 3rd qtr and nine mths earnings per share reflect
payment of dividends on company's two series of preferred stock
amounting to 2.2 mln dlrs.
Reuter
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Shr profit 1.47 dlrs vs loss 26 cts
Net profit 146 mln vs loss 26 mln
Revs 2.25 billion vs 1.82 billion
Nine mths
Shr profit 1.82 dlrs vs profit 2.27 dlrs
Net profit 180 mln vs profit 224 mln
Revs 5.94 billion vs 5.55 billion
Reuter
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Period ended August 29.
Shr profit one ct vs loss one ct
Net profit 128,112 vs loss 30,170
Sales 1,620,707 vs 1,325,406
Avg shrs 9,306,031 vs 3,499,219
Six Mths
Shr nil vs loss nine cts
Net profit 25,890 vs loss 322,675
Sales 2,915,077 vs 1,845,003
Avg shrs 9,283,631 vs 3,499,219
Reuter
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Shr 1.13 dlrs vs 87 cts
Net 5,010,000 vs 3,868,000
Nine mths
Shr 4.91 dlrs vs 4.84 dlrs
Net 21.8 mln vs 21.5 mln
NOTE: Current quarter figures include gain of 4.7 mln dlrs
on property sales vs gain of 2.9 mln in prior year's quarter.
Current nine month figures include gain of 20.5 mln dlrs on
property sales vs gain of 19 mln dlrs.
Reuter
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Sept 30
Shr seven cts vs five cts
Net 234,504 vs 157,862
Revs 4,096,000 vs 3,007,383
Reuter
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Qtr ends September 30
Shr 25 cts vs 13 cts
Net 759,000 vs 383,000
Revs 9,052,000 vs 6,829,000
Reuter
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House Speaker Jim Wright dismissed
charges that the trade bill before Congress contributed to the
fall in stock prices on Wall Street.
"That is utterly ridiculous," the Texas Democrat told
reporters.
Treasury Secretary James Baker and other administration
officials over the weekend pointed to the pending legislation
-- which they brand too protectionist -- as a key factor in the
record-setting drop.
Reuter
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Shr 23 cts vs 20 cts
Net 1,115,000 vs 971,000
Revs 13.8 mln vs 11.9 mln
Nine mths
Shr 64 cts vs 52 cts
Net 3,134,000 vs 2,521,000
Revs 40.1 mln vs 31.8 mln
Reuter
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Shr 34 cts vs not given
Net 510,192 vs 328,428
Nine mths
Shr one dlr vs not given
Net 1,489,831 vs 741,136
NOTE: Company went public in September 1986.
Reuter
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3rd qtr net
Shr 22 cts vs 54 cts
Net 366,497 vs 877,148
Nine mths
Shr 70 cts vs 1.17 dlrs
Net 1,185,352 vs 1,924,255
Reuter
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Shr loss five cts vs loss eight cts
Net loss 657,000 vs loss 566,535
Revs 9,341,755 vs 260,468
Avg shrs 14,323,384 vs 7,081,688
Nine mths
Shr loss 19 cts vs loss 39 cts
Net loss 2,449,094 vs loss 1,408,789
Revs 15,571,230 vs 683,684
Avg shrs 12,655,172 vs 3,612,300
Reuter
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Shr profit seven cts vs n/a
Net profit 587,000 vs profit 3,231,000
Sales 18.5 mln vs 18.7 mln
Nine Mths
Shr loss 39 ct s vs n/a
Net loss 2,368,000 vs protit 7,165,000
Sales 55.4 mln vs 54.2 mln
Note: Current nine month figures include extraordinary loss
of 1.2 mln dlrs, or 17 cts per share, resulting from costs
associated with restructuring.
Prior quarter and nine month per share figures not
applicable because company began operations in October, 1986
with the acquisition of Gould Inc's <GLD> medical products
group.
Reuter
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Shr 21 cts vs 11 cts
Net 661,000 vs 325,000
Revs 13.6 mln vs 13.4 mln
Avg shrs 3,148,000 vs 3,011,000
1st half
Shr 42 cts vs 25 cts
Newt 1,310,000 vs 752,000
Revs 28.2 mln vs 25.6 mln
Avg shrs 3,136,000 vs 3,006,000
Reuter
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Shr 23 cts vs 15 cts
Net 2,641,000 vs 1,295,000
Revs 15.6 mln vs 7,925,000
Avg shrs 11.6 mln vs 8,900,000
Nine mths
Shr 65 cts vs 37 cts
Net 6,805,000 vs 3,308,000
Revs 42.7 mln vs 20.6 mln
Avg shrs 10.5 mln vs 8,900,000
Reuter
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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
Reuter
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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.
Reuter
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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
Reuter
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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.
REUTER
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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.
Reuter
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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
Reuter
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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.
Reuter
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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
Reuter
| [
0,
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0,
0,
0,
0,
0
] |
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
Reuter
| [
0,
0,
0,
1,
0,
0,
0,
0,
0,
0
] |
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.
Reuter
| [
0,
0,
0,
1,
0,
0,
0,
0,
0,
0
] |
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.
Reuter
| [
1,
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0,
0,
0,
0,
0,
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0,
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] |
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
Reuter
| [
0,
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0,
1,
0,
0,
0,
0,
0,
0
] |

SOCIETY FOR SAVINGS BANCORP INC <SOCS.O> 3RD QTR
HARTFORD, Conn., Oct 19
Shr 75 cts vs 55 cts
Net 8,031,000 vs 5,819,000
Nine mths
Shr 2.16 dlrs vs 1.42 dlrs
Net 23.2 mln vs 15.1 mln
Reuter

| [
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] |
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
Reuter
| [
0,
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] |
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.
Reuter
| [
0,
0,
0,
1,
0,
0,
0,
0,
0,
0
] |
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.
Reuter
| [
0,
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1,
0,
0,
0,
0,
1,
0,
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] |
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.
Reuter
| [
0,
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0,
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] |
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
Reuter
| [
0,
0,
0,
1,
0,
0,
0,
0,
0,
0
] |
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.
Reuter
| [
0,
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] |
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.
Reuter
| [
0,
0,
0,
1,
0,
0,
0,
0,
0,
0
] |
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
Reuter
| [
0,
0,
0,
1,
0,
0,
0,
0,
0,
0
] |
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
Reuter
| [
0,
0,
0,
1,
0,
0,
0,
0,
0,
0
] |
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.
Reuter
| [
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[
1,
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0,
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0,
0,
0,
0,
0,
0
] |
|
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.
Reuter
| [
0,
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0,
1,
0,
0,
0,
0,
0,
0
] |
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
Reuter
| [
0,
0,
0,
1,
0,
0,
0,
0,
0,
0
] |
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.
Reuter
| [
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0,
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] |
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.
Reuter
| [
0,
0,
0,
1,
0,
0,
0,
0,
0,
0
] |
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.
Reuter
| [
0,
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0,
1,
0,
0,
0,
0,
0,
0
] |
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
Reuter
| [
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] |
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
Reuter
| [
0,
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] |
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.
Reuter
| [
0,
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0,
1,
0,
0,
0,
0,
0,
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] |
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.
Reuter
| [
0,
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0,
0,
1,
0,
0,
0,
0,
1
] |
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.
Reuter
| [
0,
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0,
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0,
0,
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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.
Reuter
| [
0,
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0,
1,
0,
0,
0,
0,
0,
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] |
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.
Reuter
| [
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0,
0,
0,
0,
0,
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] |
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
Reuter
| [
0,
0,
0,
1,
0,
0,
0,
0,
0,
0
] |
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.
Reuter
| [
1,
0,
0,
0,
0,
0,
0,
0,
0,
0
] |
Shr 54 cts vs 73 cts
Net 3,080,000 vs 4,367,000
Sales 59.6 mln vs 55.6 mln
Nine mths
Shr 1.44 dlrs vs 1.81 dlrs
Net 8,526,000 vs 10,857,000
Sales 172.4 mln vs 167.0 mln
Backlog 34 mln dlrs vs 29 mln dlrs
NOTE: 1986 period ended September 26
Reuter
| [
0,
0,
0,
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0,
0,
0,
0,
0,
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] |
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
Reuter
| [
0,
0,
0,
1,
0,
0,
0,
0,
0,
0
] |
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.
Reuter
| [
0,
0,
0,
1,
0,
0,
0,
0,
0,
0
] |
Shr four cts vs five cts
Net 85,292 vs 109,285
Revs 2,916,128 vs 474,819
Reuter
| [
0,
0,
0,
1,
0,
0,
0,
0,
0,
0
] |
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.
Reuter
| [
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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.
Reuter
| [
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0,
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] |
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
Reuter
| [
1,
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0,
0,
0,
0,
0,
0,
0,
0
] |
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
Reuter
| [
0,
0,
0,
1,
0,
0,
0,
0,
0,
0
] |
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
Reuter
| [
0,
0,
0,
1,
0,
0,
0,
0,
0,
0
] |
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.
Reuter
| [
0,
0,
0,
1,
0,
0,
0,
0,
0,
0
] |
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.
Reuter
| [
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0,
0,
0,
0,
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] |
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.
Reuter
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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
Reuter
| [
0,
0,
0,
1,
0,
0,
0,
0,
0,
0
] |
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
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Subsets and Splits