trade	asian exporters fear damage japan rift mounting trade friction and japan raised fears asia exporting nations that row inflict reaching economic damage businessmen and officials told reuter correspondents asian capitals move japan boost protectionist sentiment and lead curbs american imports products exporters that conflict hurt long run short term tokyo loss gain will impose mln dlrs tariffs imports japanese electronics goods april retaliation for japan alleged failure stick pact not sell semiconductors world markets below cost unofficial japanese estimates put impact tariffs billion dlrs and spokesmen for major electronics firms virtually halt exports products hit taxes wouldn business spokesman for leading japanese electronics firm matsushita electric industrial tariffs remain place for length time months will mean complete erosion exports goods subject tariffs tom murtha stock analyst tokyo office broker james capel and taiwan businessmen and officials worried aware seriousness threat japan serves warning senior taiwanese trade official asked not named taiwan had trade trade surplus billion dlrs last year pct surplus helped swell taiwan foreign exchange reserves billion dlrs world largest quickly open markets remove trade barriers and cut import tariffs imports products want defuse problems retaliation paul sheen chairman textile exporters taiwan safe group senior official south korea trade promotion association trade dispute and japan lead pressure south korea chief exports similar japan last year south korea had trade surplus billion dlrs billion dlrs malaysia trade officers and businessmen tough curbs japan hard hit producers semiconductors countries expand sales hong kong newspapers alleged japan selling below cost semiconductors electronics manufacturers share that view businessmen such short term commercial advantage outweighed pressure block imports that short term view lawrence mills director general federation hong kong industry purpose prevent imports day will extended sources for hong kong disadvantage action restraining trade last year hong kong biggest export market accounting for pct domestically produced exports australian government awaiting outcome trade talks and japan interest and concern industry minister john button canberra last friday this kind deterioration trade relations two countries major trading partners ours matter button australia concerns centred coal and beef australia two largest exports japan and significant exports that country meanwhile japanese diplomatic manoeuvres solve trade stand continue japan ruling liberal democratic party yesterday outlined package economic measures boost japanese economy measures proposed include large supplementary budget and record public works spending half financial year call for stepped spending emergency measure stimulate economy despite prime minister yasuhiro nakasone avowed fiscal reform program deputy trade representative michael smith and makoto kuroda japan deputy minister international trade and industry miti due meet washington this week effort end dispute reuter 
grain	china daily vermin eat pct grain stocks survey provinces and cities showed vermin consume and pct china grain stocks china daily that each year mln tonnes pct china fruit output left rot and mln tonnes pct vegetables paper blamed waste inadequate storage and bad preservation methods government had launched national programme reduce waste calling for improved technology storage and preservation and greater production additives paper gave details reuter 
ship	australian foreign ship ban ends nsw ports hit tug crews south wales nsw victoria and western australia yesterday lifted ban foreign flag ships carrying containers nsw ports disrupted separate dispute shipping sources ban imposed week ago pay claim had prevented movement port vessels pay dispute hearing arbitration commission today meanwhile disruption began today cargo handling ports sydney newcastle and port kembla industrial action nsw ports part week action called nsw trades and labour council protest state workers compensation laws shipping sources port unions taking turn work for short time start each shift and walk cargo handling ports disrupted container movements affected not stopped altogether not long disruption will and effect will shipping movements reuter 
acq	sumitomo bank aims quick recovery merger sumitomo bank sumi lose status japan profitable bank result merger heiwa sogo bank financial analysts osaka based sumitomo desposits trillion yen merged heiwa sogo small struggling bank estimated billion dlrs unrecoverable loans october despite link sumitomo president koh komatsu told reuters confident bank can quickly regain position back position place years komatsu interview that merger will initially reduce sumitomo profitability and efficiency will vastly expand sumitomo branch network tokyo metropolitan area relatively weak financial analysts divided whether and quickly gamble will pay sumitomo paid for heiwa sogo view smaller bank large debts argue merger cost effective creating comparable branch network scratch analysts agreed bank aggressive expanded overseas entered lucrative securities business and geared for domestic competition questioned wisdom moves made bold moves put place largely hands kleinwort benson financial analyst simon smithson sumitomo problems limits move enter securities business taking share american investment bank goldman sachs and sumitomo last august agreed pay mln dlrs for pct limited partnership bank for time federal reserve board forbidden exchange personnel increase business each tie widely looked lame duck fed stricter sumitomo expected analyst komatsu move will pay time regulations will change future and can things wait two years not century komatsu komatsu willing patient routes into securities business home article securities and exchange act japan version glass steagall act separates commercial investment banking walls two crumbling and komatsu hopes deregulation will create opportunities find business chances komatsu cases will securities related cases trust bank related that kind deregulation want such occur sumitomo will focus such domestic securities business profitable government bond dealing and strengthening relations meiko securities holds pct share komatsu sumitomo cautiously optimistic entering securities business swiss universal bank subsidiary banca del gottardo finance ministry expected grant licences securities subsidiaries commercial banks similar decision for subsidiaries european universal banks parent holds pct komatsu reluctant push hard for similar decision gottardo subsidiary don want make waves expect this will allowed two years city banks sumitomo pushing expand lending individuals and small and medium businesses replace disappearing demand big business added analysts sumitomo will devote lot time digesting recent initiatives including merger ailing heiwa sogo sumitomo bold strategies kleinwort smithson that question absorbing and juggling will decade strategy wrong reuter 
earn	amatil proposes two for bonus share issue amatil amaa proposes make two for bonus issue revaluation reserve shareholders registered shareholders will asked approve issue and increase authorised capital mln shares mln general meeting statement shares will rank for dividends declared october amatil industries plc bti holds pct stake not expect maintain latest annual dividend rate cents share enlarged capital reuter 
earn	bowater pretax profits rise mln stg shr div making turnover billion stg billion pretax profit mln mln tax mln mln company name bowater industries plc bwtr trading profit mln mln trading profit includes packaging and associated products mln mln merchanting and services mln mln tissue and timber products mln mln interest debit mln mln minority interests mln debit mln debit extraordinary items mln credit mln debit reuter 
acq	cra sold forrest gold for mln dlrs whim creek whim creek consolidated consortium leading will pay mln dlrs for acquisition cra craa forrest gold pty unit reported yesterday cra and whim creek not disclose price yesterday whim creek will hold pct consortium austwhim resources will hold pct and croesus mining pct statement reported forrest gold owns two mines western australia producing combined ounces gold year owns undeveloped gold project reuter 
earn	bowater industries profit exceed expectations bowater industries plc bwtr pretax profits mln stg exceeded market expectations mln and pushed company shares sharply high last night dealers shares eased back bowater reported mln stg profit company statement accompanying results that underlying trend showed improvement and intended expand developing existing businesses and seeking opportunities added that had appointed david lyon managing director redland plc rdld chief executive analysts noted that bowater profits mln stg mln previously had boost pension benefits mln stg profit australia and east showed greatest percentage rise jumping pct mln mln profit operations rose pct mln and europe pct mln reuter 
earn	citibank norway unit loses six mln crowns citibank cci norwegian subsidiary based bank made net loss six mln crowns foreign bankers expect show profits two lean years citibank oslo treasury head bjoern sejerstad told reuters citibank foreign bank subsidiaries operating norway lost money restructuring for investment banking commercial banking and economic slump norway last year plunge oil prices foreign banks allowed operate susbidiaries norway since foreign banking analysts oslo access norway second hand securities and equities markets approved this spring and lower primary reserve requirements make profit this year citibank lost crowns norway sejerstad profit likely this year planned liberalisation and economic performance helped steadier oil price dlrs barrel earlier this year chase manhattan bank cmb subsidiary decided stop foreign exchange trading heavy losses and focus fee based merchant banking reuter 
earn	vieille montagne conditions unfavourable sharp fall dollar price zinc and depreciation currency created unfavourable economic conditions for vieille montagne vmnb statement that two factors led squeeze refining margins and pct fall sales and services income despite unchanged level activity vieille montagne actively pursuing restructuring program reported mln franc net loss mln francs provisions for closure electrolysis plant compared mln franc net profit reuter 
earn	vieille montagne reports loss dividend nil year net loss exceptional charges mln francs profit mln exceptional provisions for closure viviez electrolysis plant mln francs exceptional gain mln sales and services billion francs billion proposed net dividend ordinary shares nil francs company full name vieille montagne vmnb reuter 
trade	japan hope avoiding sanctions top official japan chance convincing drop threatened trade sanctions despite efforts japanese team that left for washington today michael armacost secretary state for political affairs asked press conference whether japan moves boost domestic economy and open markets persuade not impose tariffs japanese imports and replied early for figures demonstrate that situation turned and permit result you described armacost hopes japan will steps lift domestic economy and reduce dependence exports remove barriers imports and settle outstanding trade issues obvious problems moment trade area not problems divert attention important areas cooperation that continue exist security and political issues question whether cooperative actions governments can reduce trade imbalance whether congress takes action reduce protectionist legislation reuter 
acq	anheuser busch joins bid for san miguel anheuser busch companies inc bud joined foreign bidders for sequestered shares philippines largest food and beverage maker san miguel corp sanm head government panel controls shares told reuters ramon diaz secretary presidential commission good government pcgg anheuser busch had told government interested buying mln shares san miguel not disclose offered price diaz australian brewer alan bond bond corp holdings had offered pesos per share for shares diaz york investment bank allen and inc had earlier interested buying mln sequestered shares told reuters last month elders ixl elxa melbourne based brewing company had bid for shares hong kong economic journal last month quoted spokesman australian stock broker jacksons that barwon farmlands australian firm owned pct ariadne australia planning filipino branch order buy entire block mln shares anheuser busch last year made mln dlr bid buy san miguel brewery hong kong listed company pct owned neptunia corp san miguel corp subsidiary talks broke last june two sides not agree terms sale reuter 
earn	jardine matheson sets two for bonus issue replacing shares 
acq	monier britain redland bid for diversified building materials group monier mnra talks taking place lead britain redland plc rdld making offer for monier shares not hold chairman bill locke redland holds pct monier mln issued shares notice australian stock exchange locke shareholders advised discussions progressed and recommended that shares monier shares trading high dlrs today previous peak yesterday close and low dlrs monier largest concrete roof tile manufacturer australia and zealand and world largest marketer fly ash annual report for ended june recently reported half net fell mln dlrs mln year earlier due australian housing downturn foreign earnings rose reuter 
earn	isuzu plans interim dividend isuzu motor isum will pay dividend for half year ending april company expected mark billion yen parent company current loss half due slow exports caused yen appreciation company spokesman company paid dividend since year ended october paid yen had billion yen current profit half reuter 
trade	japanese official takes data microchip talks ministry international trade and industry miti vice minister makoto kuroda leaves for washington today data hopes will refute charges japan violated pact microchip trade man japanese trade team washington laying groundwork for talks kuroda and deputy trade representative michael smith aimed persuading not impose tariffs japanese products kuroda taking proposals nothing briefcase explanation current situation kuroda told daily newspaper asahi shimbun kuroda decision based incorrect data and exaggerated sense miti power control market forces excessive expectations stabilise supply demand relations disrupted excess inventories since will time kuroda laid part blame for low chip sales japan lack effort american firms fails talks tomorrow and friday forestall sanctions will seek talks trade representative clayton yeutter officials this week talks delay imposition tariffs reuter 
acq	bell group confirms standard chartered stake bell group blla holds pct issued capital standard chartered plc stch acquiring shares sentence statement bell headquarters confirmed brokers warburg securities told reuters london yesterday bell previously held pct standard bell chairman robert holmes court director standard not for comment company intentions boosting holding and company officials contacted reuters declined comment reuter 
acq	nippon steel denies china seeking japanese plants nippon steel corp nstc denied local newspaper reports that china seeking buy steel plants japanese firms plan suspend output recently announced rationalisation program mainichi shimbun quoted nippon steel that china state planning commission and chinese firms asked japanese makers sell steel works and rolling mills expand steelmaking cheaply named sources nippon steel spokesman told reuters that china made such official request and company not such sales moment mainichi quoted nippon steel officials prices reasonable export used mills china paper china crude steel output totalled mln tonnes calendar and that plans increase mln japan steel industry rationalisation plan aimed cutting production capacity sharply years reuter 
earn	jardine matheson replaces share bonus issue jardine matheson holdings jard will withdraw previously announced for bonus issue shares and replace two for bonus issue ordinary shares statement firm expects pay total dividends for not cents share expanded capital jardine matheson decided withdraw issue joint announcement earlier today ronald chairman stock exchange hong kong and securities commissioner ray astin that listings shares barred official announcement this will include proposal jardine matheson jardine statement quoted chairman simon keswick continue that issuing shares benefit shareholders and regret that will not opportunity vote matter this stage keswick share issue will benefit jardine matheson shareholders giving firm flexibility issue ordinary shares for expansion future diluting existing shareholders voting rights added secretary for monetary affairs david nendick referral this important matter standing committee company law reform and hopeful that process will lead development general principles can embraced constituents hong kong market reuter 
trade	japan hope avoiding sanctions top official japan chance persuading drop threatened trade sanctions despite efforts japanese team that left for washington today michael armacost secretary state for political affairs asked press conference whether japan moves boost domestic economy and open markets persuade not impose tariffs japanese imports and replied early for figures demonstrate that situation turned and permit result you described armacost hopes japan will steps lift domestic economy and reduce dependence exports remove barriers imports and settle outstanding trade issues obvious problems moment trade area not problems divert attention important areas cooperation that continue exist security and political issues question whether cooperative actions governments can reduce trade imbalance whether congress takes action reduce protectionist legislation reuter 
acq	san miguel deal hit lawsuits bid san miguel corp smc sanm buy back mln sequestered shares united coconut planters bank ucpb hit two lawsuits sources philippine food and brewery company manila court yesterday issued injunction barring ucpb selling shares represent pct smc outstanding capital stock mln shares hearings april petition filed eduardo cojuangco chairman smc and ucpb cojuangco coconut industry investment fund ciif and mln farmers rightful owners shares cojuangco shares held trust ucpb and represented blue chip investment petition ucpb plans sell shares smc breach fiduciary duties smc sources proposed share sale held second derivative suit filed securities and exchange commission sec eduardo los angeles government nominee company board los angeles represents smc minority stockholders asked sec block transaction approved last week company board april board sanctioned repurchase sequestered shares for billion pesos pesos per share los angeles told sec company retained earnings billion pesos wiped purchase shares and prevent declaration dividends los angeles share purchase violate smc agreement creditors maintain debt equity ratio quoted smc chief financial director ramon del rosario telling board that transaction boost ratio petitioning sec los angeles amended earlier suit two weeks ago charged smc chairman andres soriano iii and directors violating duties los angeles earlier complaint related smc assuming last december mln dlr loan contracted smc hong kong subsidiary neptunia corp for payment shares loan assumption ratified last week board meeting arbitration panel set president corazon aquino resolve ownership issue expected submit report april amended suit filed eduardo los angeles part continuing attempt elements complete disregard facts and questionable motives delay early disposition sequestered shares san miguel corp statement coming san miguel corp and ucpb reached agreement price shares and method payment this suit direct contravention government expressed desire reach amicable settlement controversy april statement added san miguel spokesman had comment cojuangco court petition adding statement coming interpreted adversarial meanwhile ramon diaz head government panel sequestered shares last year soriano not eligible buy major portion shares united states citizen sequestered shares split into mln shares can owned filipinos and mln shares foreign buyers smc sources soriano personally not prospective buyers shares purchased soriano group companies smc neptunia and unnamed institutional investors soriano named buyers bid march for mln shares controlled ucpb sale aborted diaz presidential commission good government sequestered shares suspicion owned cojuangco close associate president ferdinand marcos cojuangco lives imposed exile shares grew mln pct stock dividend announced last june objection soriano buying shares diaz told reuters hold smc spokesman not controversy resolved company annual stockholders meeting scheduled for san miguel corp reported sales revenue billion pesos pct billion peso sales unaudited net profit neighbourhood mln pesos increase pct reuter 
earn	italy fondiaria report higher profits italian insurer fondiaria spa lfdi expects report consolidated group profit significantly higher billion lire reported company statement that parent company net profit last year will rise billion lire reported consolidated group premiums totaled billion lire compared billion previous year iniziativa meta inzi financial services unit montedison spa moni controls largest single stake florence based fondiaria pct reuter 
earn	higher profit for dutch chemical firm dsm fully state owned dutch chemical firm dsm dsmn net profit rose mln guilders mln turnover fell billion guilders billion company dividend will paid dutch state capacity firm sole shareholder raised mln guilders mln guilders initial comment results dsm drop turnover had caused losses company fertilizer division reuter 
acq	cincinnati bell csn starts auxton auxt bid cincinnati bell inc started previously announced dlr per share tender offer for shares auxton computer enterprises inc newspaper advertisement company tender and withdrawal rights will expire extended offer approved auxton board and merger price conditioned receipt majority auxton voting stock fully diluted basis reuter 
earn	california biotech cbio sees qtr loss california biotechnology inc expects report loss dlrs dlrs for quarter due increased investment research and manufacturing and scaleup production company research spending running pct year ago commercialize products quickly and increased expenditures expected continue for quarters operating results will fluctuate quarter quarter depending timing significant payments commercial partners months company lost dlrs company changed fiscal year calendar year year ending november for quarter last year ended february california biotech earned dlrs reuter 
earn	pall corp pll sets quarterly dividend qtly div cts cts prior pay record april reuter 
acq	unilever seeks buyer for stauffer chemical unilever plc and issued prospectus investment bankers goldman sachs and seeking buyer for stauffer chemical acquired recent takeover chesebrough pond inc unilever spokesman noted unilever indicating plans dispose stauffer smaller assets chesebrough since bid made december stauffer sale prospectus recent weeks number companies expressing interest unilever spokesman declined group expected receive for stauffer chesebrough footwear and tennis racket businesses likely disposed added immediately financial information stauffer wholly owned limited added month sales september billion dlrs unilever aquired chesebrough for billion dlrs order benefit toiletry brands and food products reuter 
acq	conrac corp entered talks acquisition parties 
acq	conrac cax merger talks conrac corp sait started negotiations interested parties acquisition can assurance that transaction will result talks gave details mark industries inc started tendering for conrac shares dlrs each march and owned pct conrac starting bid conrac producer and marketer computer related information display and communications equipment produces special purpose architectural and industrial products owns code phone corp producer telephone answering machines for company reported profits mln dlrs dlrs share sales mln dlrs mln shares outstanding reuter 
earn	computer research inc core qtr feb net shr cts cts net revs half shr cts cts net revs reuter 
ship	australian foreign ship ban ends tug crews south wales nsw victoria and western australia yesterday lifted ban foreign flag ships carrying containers nsw ports disrupted separate dispute shipping sources ban imposed week ago pay claim had prevented movement port vessels pay dispute hearing arbitration commission today meanwhile disruption began today cargo handling ports sydney newcastle and port kembla industrial action nsw ports part week action called nsw trades and labour council protest state workers compensation laws reuter 
earn	rubbermaid inc qtr shr cts cts 
ship	independent chairman for dutch cargo dispute two sides rotterdam port general cargo dispute agreed appoint independent chairman han lammers preside future meetings employers spokesman gerard zeebregts lammers queen commissioner for province flevoland will not act mediator will draw agenda and procedures for meetings employers and unions work practice agreement and proposed redundancies two months strikes sector began january protest employers proposals for redundancies strong workforce this year strikes called main port union fnv march amsterdam court interim injunction redundancies procedural grounds court due make final ruling zeebregts expected judgment employers and likely restart complicated legal redundancy procedures future meanwhile dispute work practice agreement port grain sector continued maintenance workers strike loading not affected spokesman for graan elevator mij largest employer sector employers written union asking reconsider position and meeting union members called for tomorrow reuter 
earn	electro rent corp elrc qtr feb net shr cts cts net revs mln mln avg shrs mths shr cts dlrs net revs mln mln avg shrs reuter 
earn	rubbermaid inc rbd qtr net shr cts cts net mln mln sales mln mln reuter 
earn	wtc international inc waf qtr feb net shr profit cts loss cts net profit loss rev mln mln year shr profit cts loss cts net profit loss rev mln mln reuter 
earn	mead corp qtr oper shr dlrs cts 
earn	rubbermaid rbd sees continued improvement rubbermaid inc incoming order rates continue strong and expects continue recording favorable year year comparisons each remaining quarter today company reported quarter earnings mln dlrs sales mln dlrs earnings mln dlrs sales mln dlrs reuter 
earn	cayuga savings bank cayb qtr net shr cts cts net avg shrs reuter 
earn	johnstown savings bank fsb jsbk qtr net shr cts not net note company public october net includes pretax loan loss provisions dlrs dlrs and gain sale securities dlrs dlrs reuter 
earn	home savings and loan association inc hsld qtr march shr cts not net half shr dlrs not net note company recently public reuter 
earn	geodynamics corp gdyn qtr feb net shr cts cts net revs mths shr cts cts net revs mln mln reuter 
earn	compaq cpq expects higher quarter net compaq computer corp expects sales and earnings for quarter higher analysts expectations due strong demand for products rod canion president and chief executive officer compaq expects sales mln dlrs for period ending march analysts estimates mln dlrs added that earnings per share exceed analysts estimates high cts share compaq reported earnings mln dlrs cts share and sales mln dlrs for quarter company demand for deskpro portable iii and compaq deskpro will contribute sales increase initial demand for recently introduced compaq portable iii and models compaq deskpro exceeds that compaq personal computers canion continued demand for personal computers across quarter march strong month reuter 
acq	international sell insurance units international reached preliminary agreement sell hawaiian insurance cos hawaiian electric industries inc terms transaction not disclosed company transaction subject execution definitive agreements governmental approvals and approvals boards directors involved international hawaiian electric planned purchase part strategy increase company investment selected service industries hawaii including financial services reuter 
earn	cxr telcom corp cxrl qtr march net shr nil nil net revs mths shr nil net revs reuter 
acq	proxmire outlines insider trading legislation senate banking committee chairman william proxmire wis planned introduce legislation shortly require greater public disclosure corporate takeovers and fairer treatment for shareholders speaking national association manufacturers proxmire recent insider trading stock scandals increased chance that congress will act curb abuses proposing legislation that provide for disclosure fairer shareholders and insure that takeovers properly financed provisions bill reduce threshold for notifying securities and exchange commission that investor group acquired percentage stock company pct current pct threshold days proxmire addition pre notificaton requirement that investor intended aquire pct that filed sec proxmire pre notification requirement meant prevent arbitragers jump general public knowing coming takeover attempts proxmire call for extending period that tender offer open williams act business days current business days bill provide for private suits acquiring company violated time period tender offer correct abuses financing takeovers proxmire legislation aim insuring current margin requirments properly enforced federal reserve board pct margin requirement for purchasing stock proxmire not generally enforced hostile takeovers groups individuals leading takeover declare that can raise capital for takeover putting money proxmire bill private suits for damages for failure meet federal reserve pct margin requirements bill require disclose investors form alliance hostile takeover pickens and icahn together want people proxmire proxmire favored approach used britain two tiered tender offers that insures that shareholders recieve equal treatment expected amendments bill cover defensive mechanisms such green mail and poison pills proxmire intended introduce bill this month and predicted senate committee act this spring hopeful congress pass bill this year reuter 
earn	helen troy corp hele qtr feb net shr cts cts net sales mln avg shrs year oper shr profit dlrs loss cts oper net profit loss sales mln mln avg shrs note latest year net excludes dlr tax credit reuter 
earn	bankers trust puts brazil accrual bankers trust york corp approximately mln dlrs medium and long term loans brazil accrual status and that quarter net income will reduced mln dlrs result brazil suspended interest payments billion dlrs medium and long term debt february banking regulations not require banks stop accruing interest loans payments days overdue bankers trust acted high potential continued suspension that result reaching day limit second quarter assuming cash payments current interest rates received for rest bankers trust estimated that full year net income reduced mln dlrs bankers trust assumes that debt negotiations brazil and commercial bank lenders will lead resumption interest payments negotiations resume york friday central bank governor francisco gros expected banks for day rollover billion dlrs term debt that matures april reuter 
earn	mercantile currency fund inc qtr net shr profit cts cts net revs reuter 
money-fx	stoltenberg sees moves strengthen paris accord west german finance minister gerhard stoltenberg today meetings major industrial countries ways strengthening paris accord stabilizing foreign exchange rates stoltenberg told journalists fundamental weakness february agreement group countries and canada exchange rates current levels declined measures discussed ahead communique group ministers today stoltenberg and bundesbank president karl otto poehl importance paris agreement louvre accord had underestimated stoltenberg greater agreement major countries six months ago time annual meeting international monetary fund and world bank marked sharp discord united states and major trading partners fundamental weakness paris accord will ways strengthening not want discuss that stoltenberg louvre agreement working despite slight firming yen dollar and poehl noted that dollar mark parity unchanged since february bundesbank had sell marks support dollar louvre agreement honored market poehl west germany had lived side bargain paris preparing for tax cuts accelerated stimulating growth poehl that japan had not fulfilled pledges for economic stimulation and will united states promised paris reducing budget deficit and congress added stoltenberg reiterated west german concern fall dollar noting that mark pct dollar and pct trade weighted basis you cannot expect that unnoticed economy and not german problem european problem reuter 
earn	mead mea expects improved earnings this year mead corp outlook for major paper markets strong for second quarter and augurs for earnings generally strong outlook bodes for significantly improved earnings this year burnell roberts chairman and chief executive officer earlier company reported quarter earnings mln dlrs dlrs share versus mln dlrs cts share last year quarter company reported earnings continuing operations mln dlrs dlrs share mead quarter benefitted stronger market conditions and improved operations combination capital improvement programs and employee involvement paying paper operations roberts added that mead pulp and paperboard businesses operating prices improved and strong demand products sold position middle year mead sales unbleached coated paperboard strong pct versus quarter reuter 
earn	amertek inc atekf qtr net shr profit cts loss cts net profit loss revs reuter 
earn	alex brown inc absb qtr march net shr primary cts cts shr diluted cts cts qtrly div six cts cts net revs mln mln note pay date for qtrly div april for shareholders record april reuter 
earn	town and country jewelry manufacturing tcjc thh qtr feb shr cts cts net sales mln mln avg shrs year shr dlrs dlrs net sales mln mln avg shrs note town and country jewelry manufacturing corp reuter 
acq	paxar corp paks makes acquisition paxar corp acquired thermo print gmbh lohn west germany distributor paxar products for undisclosed terms reuter 
earn	mark work wearhouse year jan net shr cts cts net sales mln mln reuter 
acq	canadian bashaw erskine resources merge canadian bashaw leduc oil and gas agreed merge erskine resources terms not disclosed ownership combined company pct for current shareholders canadian bashaw and pct current shareholders erskine companies reuter 
earn	entourage entg quarter loss entourage international inc had quarter loss dlrs incurring dlrs costs for internal audit report for shareholders and proxy soliciation and dlrs startup expenses for opening london offices company public entourage started marketing solid perfume packaged lipstick tube called amadeus retailing dlrs company acquired north country media group video productions company reuter 
earn	jax fashions inc year feb net shr cts cts net sales mln mln reuter 
earn	woolworth hikes dividend cts share cts 
earn	woolworth hikes dividend qtly div cts cts prior pay june record reuter 
earn	morgan and inc qtr shr dlrs dlrs 
earn	volkswagen dividend decision due tomorrow volkswagen vowg due make formal announcement dividend tomorrow level marks per ordinary share held despite massive losses suspected foreign currency fraud spokesman supervisory board will meet tomorrow discuss payout statement will made disclosed profits for will reach level despite provisions mln marks linked currency affair figure virtually mln mark parent company net profit confirmed currency scandal march management board propose unchanged mark dividend supervisory board dividend marks proposed for company preference shares share analysts supervisory board approval management board proposal virtually formality surprise company sources dig into reserves maintain disclosed profit parent company reserves stood billion marks end reuter 
earn	citytrust bancorp inc citr qtr net shr dlrs dlrs net avg shrs reuter 
acq	southmark acquires nursing homes southmark corp acquired long term care facilities containing for approximately mln dlrs cash facilities approximately beds western states bought don bybee and associates salem ore acquistion brings health care facilities acquired last months company reuter 
earn	morgan and inc jpm qtr net shr dlrs dlrs net mln mln assets billion billion loans billion billion deposits billion billion return assets pct pct return common equity pct pct note qtr net reduced mln dlrs billion dlrs loans brazil accrual loan loss provision mln dlrs mln year earlier reuter 
earn	firstbanc corp ohio fboh qtr net shr cts cts net reuter 
earn	mayfair super markets inc myfra qtr net qtr ends feb shr class cts cts shr class cts cts net revs six mths shr class dlrs cts shr class dlrs cts net revs note qtr and six mths prior figures reflect two for stock split august reuter 
earn	hanover insurance hins split approval hanover insurance stockholders approved two for stock split result split hanover increases number authorized shares capital stock mln par dlr mln par dlr stock split payable april stockholders record april hanover reuter 
acq	national guardian natg makes acquisitions national guardian corp acquired number security services companies recently aggregate revenues dlrs for aggregate cost dlrs acquired guard service companies security gaurd service paramus cartel security consultants inc guard services division security services america wayne capital investigations and protective agency hackensack and meyer detective agency inc national park company bought alarm service operations certified security services inc key west fla custom security services myrtle beach security group inc houston and louisville kent and nashville tenn offices wells fargo alarm services reuter 
earn	universal medical umbiz distribution set qtly distribution cts cts prior excluding cts special pay april record april note full name universal medical buildings reuter 
acq	wedgestone realty wdg acquisition approved wedgestone realty investors trust shareholkders approved acquisition advisor wedgestone advisory corp for shares completion expected place april reuter 
earn	hartmarx corp hmx boosts dividend chicago april qtly div cts cts prior qtr pay record 
money-fx	top officials arrive treasury for talks top officials leading industrial nations arrived treasury main building begin meeting group officials arriving reuter correspondents included west german finance minister gerhard stoltenberg and bundesbank president karl otto poehl french finance minister edouard balladur and central banker jacques larosiere arriving japanese finance minister kiichi miyazawa and japan central bank governor satoshi sumita and british chancellor exchequer and central bank governor robin leigh pemberton sign italian canadian officials monetary sources fully blown meeting group expected begin local time gmt and last gmt communique expected issued italian sources italian acting finance minister giovanni goria met treasury secretary james baker last night talks baker apparently convinced goria declined attend february meeting group paris that italy participate fully meaningful decisions reuter 
interest	fed expected set customer repurchases federal reserve expected intervene government securities market supply temporary reserves indirectly customer repurchase agreements economists economists expect fed execute billion dlrs customer repos offset pressures end two week bank reserve maintenance period today for permanent reserve injection offset seasonal pressures outright purchase bills coupons this afternoon federal funds rate opened pct and remained that level yesterday pct average reuter 
acq	reader digest association sells unit reader digest association inc sold subsidiary source telecomputing corp venture capital firm welsh carson anderson and stowe purchase price not disclosed reader digest purchased pct stake source and earned unspecified profit mln dlrs revenues reuter 
earn	weis markets inc wmk qtr march net shr cts cts net mln mln revs mln mln reuter 
earn	continental bank initial distribution approved continental bank canada shareholders approved capital reorganization initial payout end common shareholders last year mln canadian dlr sale continental assets lloyds bank plc lloyds bank canada bank initial distribution form stock dividend cumulative redeemable retractable class series two preferred shares entitling holders monthly floating rate dividends pct prime and dlrs share retraction continental initial payout subject canadian government approval bank reiterated that total distributions common shareholders range dlrs share dlrs including initial stock dividend and final distribution late early payout existing preferred shareholders will completed month initial distribution common shareholders continental added reuter 
earn	atlas consolidated mining and development acmb qtr shr loss cts loss cts net loss mln loss mln revs mln mln year shr cts dlrs net loss mln loss mln revs mln mln note atlas consolidated mining and development corp manila translated philippine pesos pesos dollar quarter and year reuter 
acq	sci med smls board agrees bristol bmy deal sci med life systems inc directors approved previously proposed agreement merger bristol myers proposed transaction subject completion due diligence investigation including review bristol myers patent infringement suit served sci med advanced cardiovascular systems inc march bristol myers call agreement circumstances sci med continues patent suit merit reuter 
acq	fidelcor ficr completes sale unit fidelcor inc completed sale industrial valley title insurance subsidiary group investors including unit management for undisclosed terms industrial valley assets mln dlrs and acquired last year ivb financial corp reuter 
earn	data translation inc datx qtr feb net shr cts cts net sales avg shrs reuter 
earn	fidata corp fid qtr loss shr loss two cts profit cts net loss profit revs mln year shr profit dlrs profit cts net profit mln profit revs mln mln note net includes pretax securities sale gain dlrs loss dlrs quarter and gain dlrs loss dlrs year net includes pretax gains sale businesses nil dlrs quarter and mln dlrs dlrs year net includes pretax losses disposition product line nil dlrs quarter and dlrs dlrs year quarter net includes tax credits dlrs dlrs net includes reversal tax loss carryforwards dlrs dlrs quarter and tax loss carryforwards dlrs dlrs year reuter 
earn	marble financial corp mrbl qtr net oper shr cts not oper net note net excludes dlr gain termination pension plan company public august reuter 
acq	dominion textile calls report bid for burlington rumor 
earn	raytheon qtr shr dlrs dlrs 
earn	fleet financial group qtr shr cts cts 
earn	diebold inc dbd declares dividend qtly div cts cts prior pay june record reuter 
earn	independent bank corp ibcp regular dividend qtly div cts cts previously pay april record april reuter 
earn	raytheon rtn qtr net shr dlrs dlrs net mln mln revs billion billion avg shrs mln mln reuter 
earn	waltham savings bank wlbk initial dividend qtly div cts payable record april reuter 
earn	fleet financial group flt qtr net shr primary cts cts shr diluted cts cts net avg shares note qtr net interest income mln dlrs mln dlrs earnings per share reflects two for common stock split march reuter 
acq	dominion calls burlington bur report rumor dominion textile inc considers published report that bought stake burlington industries inc and making joint bid for company rumor company spokesman concerned and company concerned rumors and not commenting rumors spokesman michel dufour told reuters response query information that publicly that dominion textile interested making acquisition that big based that people starting sorts rumors dufour asked whether report rumor company not prepared comment dominion textile president and chairman thomas bell town and unavailable for comment dominion textile last year made unsuccesful mln dlr bid for avondale mills and maintained mln dlr line credit used for american acquisition dufour company negotiating textile companies not whether burlington industries burlington stock rose sharply this morning report dominion textile had joined investor asher edelman buy stake company and making takeover offer dominion textile reported operating profit mln canadian dlrs last year sales mln dlrs repeatedly will concentrate expanding into company plans diversify into product and market areas addition expanding textile operations reuter 
interest	fed sets overnight system repurchases fed 
earn	raytheon rtn net rises operations raytheon pct rise quarter net mln dlrs reflected improved operations and lower effective tax rate company revenue gains electronics major appliances and lines offset decreases energy services and aircraft products revenues quarter rose pct billion dlrs company backlog stood billion dlrs billion dlrs year earlier year billion dlr defense contract awarded shortly close quarter reuter 
earn	general instrument corp grl qtr loss ended feb shr loss dlrs profit cts net loss mln profit revs mln mln year shr loss dlrs loss dlrs net loss mln loss mln revs mln mln note includes loss mln dlrs loss mln dlrs year and loss mln dlrs current qtr discontinued operations qtr includes pretax gain mln dlrs settlement litigation and tax gain mln dlrs change estimated effective tax rate reuter 
interest	fed adds reserves overnight repurchases federal reserve entered government securities market arrange overnight system repurchase agreements fed spokesman dealers that federal funds trading pct fed began temporary and direct supply reserves banking system reuter 
earn	morgan jpm net hurt brazil trading morgan and inc quarter earnings fell pct largely reflecting previously announced decision place accrual status billion dlrs medium and long term loans brazil that decision spurred brazil suspension interest payments february reduced quarter net income mln dlrs mln dlrs compared mln months morgan reported loss mln dlrs securities underwriting and trading contrast gain mln dlrs year earlier period fourth quarter morgan posted trading losses mln dlrs setbacks trading and underwriting euromarket securities conditions sectors euromarket remained difficult last quarter floating rate notes suffering heavy price falls spokeswoman unable whether morgan trading losses restricted euromarket positive side morgan reduced provision for loan losses mln dlrs mln year earlier foreign exchange trading income rose mln dlrs mln and trust income increased mln dlrs mln morgan operating income fees and commissions rose mln dlrs mln net investment securities gains dropped mln mln net interest earnings mln dlrs quarter mln year earlier and net yield fell pct pct brazil had not accrual means that interest can recorded income payments received net interest earnings mln dlrs and net yield pct brazil not resume payments net cut mln dlrs morgan added provision for loan losses morgan allowance for credit losses end march totaled mln dlrs compared mln end and mln year earlier reported net recoveries six mln dlrs charge offs mln compared net charge offs mln dlrs recoveries mln year earlier excluding brazil accruing loans quarter end mln dlrs mln end and mln year earlier interest expenses rose mln dlrs mln dlrs half increase related personnel costs morgan reuter 
earn	atlas consolidated mining acmb qtr shr loss cts cts net loss mln loss mln revs mln mln year shr loss cts loss dlrs net loss mln loss mln revs mln mln reuter 
earn	fleet flt shareholders approve share increase fleet financial group shareholders approved increase shares company authorized common stock shares shares company shareholders approved move annual meeting providence today company reported that quarter earnings rose mln dlrs cts share mln dlrs cts share quarter terence murray chairman and president fleet financial fleet mortgage banking activities continued produce signficant income increases quarter murray fleet mortgage servicing portfolio reached billion dlrs march including billion dlrs purchased march reuter 
earn	rowe furniture corp rowe qtr feb shr cts cts net revs mln mln reuter 
earn	reuters chairman urges freer information flows exchanges and telecommunications authorities abolish restrictions full and free dissemination information investment and banking communities reuters holdings plc rtrs chairman sir christopher hogg annual repoprt lengthy negotiations had brought agreement tokyo and london stock exchanges for fuller not complete access market data reuter services markets maintain restrictions added hogg members markets that information restrictions protected interests cases exchanges limiting distribution data order provide competitive advantage commercial information businesses noted that despite increasing liberalisation telecommunications field countries continue protect state monopolies expense economic sectors reuter dealing services remain excluded such countries result banking communities serving entire economies put competitive disadvantage added reuters increased pre tax profit pct previous year mln stg pct rise revenues mln stg earnings per ordinary share pct annual shareholder meeting will held london april reuter 
acq	ccl industries purchases stake monobloc ccl industries inc purchased majority interest monobloc envases metalurgicos alava spain terms not disclosed ccl agreed exchange present and future technology envases reuter 
earn	rhodes inc rhd declares dividend qtly div cts cts prior pay july record june reuter 
acq	madeira letter intent acquired madeira inc signed letter intent acquired tradevest inc stock for stock exchange completion transaction tradevest pct issued outstanding stock madeira reuter 
earn	celltronics celt declares for split celltronics inc directors declared for reverse stock split common stock split will payable april shareholders record april reuter 
earn	montedison agrimont unit earnings montedison spa italy net consolidated profit for agrimont group formed june totalled billion lire agrimont spa holding company for montedison agro industrial businesses had sales billion lire and net profit billion lire amortization costs billion lire and billion lire reduction inventory due falling market prices montedison agrimont wholly owned montedison taking steps traded milan exchange company company that characterized unstable fertlizer market due weak dollar and decline international prices for products sold europe and agrimont operates conserv division pesticides and animal health care products agrimont maintained previous level revenues and market share montedison montedison named ettore dell isola newly created position president agrimont montedison named renato picco managing director eridania spa and gianfranco ceroni managing director italiana olii sifi members ferruzzi group management board argimont board directors ferruzzi owns pct montedison company reuter 
acq	datron datr agrees buyout officers datron corp agreed merge ggfh inc florida based company formed top officers company terms proposed transaction each share datron common stock excluding shares owned officers will bought for six dlrs share datron officers hold pct total datron common shares outstanding completion proposed transaction officers datron pct company merger subject gghf receiving financing for plan datron shareholders datron will asked approve plan annual meeting held june july and merger expected completed july reuter 
acq	trump and interstate properties talks acquire alexanders 
earn	sound warehouse inc swhi qtr feb net shr cts cts net revs mln mln mths shr cts cts net revs mln mln reuter 
acq	trump and interstate talks for alexanders donald trump and interstate properties holding preliminary discussions joint acquisition alexanders inc dlrs per share acquisition subject applicable real estate gains and transfer taxes joint statement trump and interstate presently pct alexander common stock intend company retailer succed acquisition can assurances that parties will reach agreement acquisition price offered statement reuter 
earn	telecrafter corp swhi qtr feb net shr profit cts loss cts net profit loss revs mln mln six months shr profit cts loss cts net profit loss revs mln mln note qtr and six months include gains dlrs and dlrs for tax loss carryforward reuter 
earn	colt industries inc cot qtr net shr cts cts net revs mln mln avg shrs mln mln note net reflects interest expense debt incurred finance recapitalization oct prior year earnings restated reflect recapitalization plan reuter 
acq	yankee ynk unit not sell subsidiary yankee cos inc eskey inc esk subsidiary decided not sell yale key unit details not disclosed reuter 
earn	mayfair super markets inc myfra qtr feb shr cts cts net mln mln revs mln mln six months shr dlrs cts net mln mln revs mln mln note share adjusted for for stock split reuter 
earn	baton broadcasting inc six mths feb net shr cts cts net revs mln mln reuter 
earn	united cable television corp uct qtr net shr loss cts profit cts net loss profit revs mln mln avg shrs mln mln mths shr loss cts profit cts net loss profit revs mln mln avg shrs mln mln note current year net periods includes pretax charge mln dlrs increase reserve for investments broadcast television entities and tax credits dlrs quarter and dlrs mths reuter 
acq	canada publishing takeover harcourt investment canada allowed indirect takeover holt rinehart and winston canada saunders canada and les editions hrw harcourt brace jovanovich canada inc government agency harcourt canada agreed sell control firms canadian interests two years harcourt canada parent harcourt brace jovanovich inc hbj indirectly acquired canadian book publishing companies purchased holt rinehart and winston cbs inc cbs last october reuter 
acq	talking point burlington industries bur largest textile maker focused business competitors found merger partners burlington industries inc restructured into attractive takeover candidate analysts takeover spotlight fell today burlington rose speculation that investor asher edelman and dominion textiles inc canada bought almost pct stake published report edelman and dominion jointly acquired stake burlington and weighing takeover offer edelman not comment and spokesman for montreal based dominion called report rumors burlington not report true wall street professionals not convinced story that edelman and dominion victors burlington into play arbitragers past comments dominion added credence speculation dominion that for takeover last year dominion unsuccessfully bid for avondale mills and maintained mln dlr line credit used for acquisition dominion spokesman canada largest textile producer negotiating textile companies not whether burlington acquisitions this area not unusual that burlington housecleaning eileen gormley thomson mckinnon burlington sold domestic operations made sheets and linens stevens and inc for mln dlrs last year reorganized management and focused operations businesses that affected foreign competition gormley pulled back not commodity marketer gormley moving heavily into industrial fabrics burlington bought masland supplies carpets and fabric auto industry past spent and never realized return outlays make you record year and poised profitable had past gormley estimated earnings dlrs per share dlrs per share analysts today recommended clients not buy burlington current levels edward johnson johnson redbook recommends selling believes stock worth dlrs takeover basis and dlrs earnings basis arbitragers takeover values company dlrs per share asher edelman recent history lot people don find credible anymore arbitrager another edelman succeeds forcing managements steps enhance shareholder values even doesn win target company edelman unsuccessful last year offers for lucky stores inc and fruehauf corp succeed buying ponderosa inc stocks textile makers rose burlington stevens stn climbed and fieldcrest cannon inc fld result merger fieldcrest and cannon rose west point pepperell inc wpm rose reuter 
earn	sterivet laboratories stvtf qtr net shr profit cts loss cts net profit loss revs reuter 
earn	sterivet laboratories stvtf year loss shr loss cts loss cts net loss loss revs reuter 
trade	japan last ditch effort avert tariffs senior japanese officials tomorrow open talks american trade negotiators last ditch effort avert high tariffs imposed wide variety japanese electronic exports makoto kuroda vice minister japan ministry international trade and industry miti hold two days meetings deputy trade representative michael smith and secretary commerce bruce smart tariffs into effect april retaliation for japan failure adhere agreement end dumping semiconductors world markets below cost and open home market semiconductor shipments imposed goods use semiconductors including television and audio equipment and computers and japanese officials likelihood talks avert pct duties mln dlrs worth japanese shipments president reagan announced planned tariffs march that close monitoring july japanese semiconductor pact convinced officials that japan not honoring agreement making annoucement reagan committed full enforcement trade agreements designed provide american industry free and fair trade trade analysts move aimed japan semiconductor trade practices injured semiconductor industry congress complained presidential timidity trade issues congressional democrats pledged enact aggressive trade laws counter contend reagan inaction redress growing trade deficit last year reached billion dlrs deficit japan reagan recent signs japan beginning adhere pact and that not terminating kuroda leaving tokyo today had proposals explanation semiconductor situation told daily newspaper ashai shimbun that reagan decision based inaccurate data and exaggerated sense miti power control japanese traders united states excessive expectations stabilize supply demand relations disrupted excess inventories since will time that firms had not aggressive sell japanese market reuter 
acq	hoechst celanese sends report facilities hoechst celanese corp propsective customers confidential report describing polyester textile fiber facilities north carolina and south carolina company not disclose prices report describes facilities darlington county and fayetteville company report decribes related manufacturing marketing administrative and technical resources that made avialable buyer hoechst celanese formed feb merger celanese corp and american hoechst corp merger place agreement reached federal trade commission that domestic polyester textile fiber assets combined companies divested hoechst celanese option divesting south carolina facilities american hoechst package polyester textile fiber facilities celanese reuter 
earn	mellon participating mortgage trust mpmts div qtly div cts cts prior payable record april reuter 
acq	gec declines comment purchase rumour general electric plc gecl gec declined comment rumours london stock market that planning another purchase medical equipment field addition existing subsidiary picker international inc gec spokesman that company policy not comment acquisition rumours stock exchange traders rumour helped gec share price rise final yesterday closing price reuter 
earn	preston corp ptrk sees quarter loss preston corp expects report loss dlrs cts per share for quarter compared profit dlrs cts per share year trucking company attributed loss continued rate discounted primary markets flat revenues and increased costs including uninsured claims expense resulting adverse weather conditions last months results northeast strong and expects show improved results for rest year reuter 
trade	white house standing firm japanese sanctions presidential spokesman marlin fitzwater trade sanctions japan likely effect april spite full court press japanese officials avoid indications will effect japan applying full court press putting feet forward terms explaining position fitzwater told reporters noted high level meetings trade dispute underway don can report and don official movement reuter 
earn	dow jones and inc quarter shr cts cts 
earn	hayes dana inc qtr net shr cts cts net revs mln mln note pct owned dana corp dcn reuter 
earn	electro rent corp elrc qtr feb net shr cts cts net revs mln mln mths shr cts dlrs net revs mln mln reuter 
earn	walgreen qtr shr cts cts 
earn	judy inc judy qtr jan loss shr loss two cts profit cts net loss profit sales mln mln year shr profit cts profit cts net profit profit sales mln mln reuter 
earn	orange inc qtr feb net shr profit dlrs loss cts net profit loss revs mln mln avg shrs half shr profit dlrs loss dlrs net profit mln loss revs mln mln avg shrs note current year net periods includes gain dlrs sale orange florida subsidiary american agrnomics corp agr net includes pretax real estate disposition loss dlrs gain dlrs quarter and loss dlrs gain dlrs half prior year net includes tax credits dlrs quarter and dlres half current half net includes dlr pretax gain dlrs change accounting reuter 
earn	dow jones and inc qtr net shr cts cts net rev mln mln note earnings include tax gain mln dlrs cts share versus tax gain mln dlrs cts share for quarter earnings per share reflects pct stock dividend form class common stock distribution june reuter 
earn	lord abbett and mutual fund dividends lord abbett bond debenture fund qtly div cts cts prior pay record april lord abbett government securities fund daily div cts cts prior pay record lord abbett tax free income fund national series daily div cts cts prior pay record lord abbett tax free income york series daily div cts cts prior pay record lord abbett tax free income texas series daily div cts cts prior pay record lord abbett california tax free income daily div cts cts prior pay record reuter 
earn	heineken sees higher profits wider penetration dutch brewer heineken hoped maintain for number years similar earnings growth pct increase net profit achieved despite continuing investments reorganization program and efforts extend world penetration heineken last month reported net profit mln guilders mln chairman freddie heineken company europe leading beer producer six pct market share sales increased pct mln hectoliters volume increase due rise brand amstel lite great demand and europe sales accounted for pct total turnover despite losses guilder terms due weaker foreign currencies rose pct billion guilders consolidation foreign companies including increase stake leading spanish brewery aguila pct ventures and modernization french and spanish interests eroded profit margins company planned invest mln guilders this year restructuring and marketing heineken heineken spanish activities start yielding profit year heineken adding that french operations had turned profit vast rationalization last year vice chairman gerard van schaik decision european court justice luxembourg foreign beer into closed west german market europe biggest beer market offered interesting possibilities for heineken beer distribution and sales important point van schaik adding that since ruling heineken had inundated german traders seeking joint ventures question not want penetrate german market van schaik adding that widely traveled germans developing taste for foreign beer internal structure regionalized heineken board member hans coebergh responsible for african operations africa important beer growth markets long term company present africa since and majority stakes six breweries and interests hampered lack hard currencies africa beer consumption averages liters per head per year and sales limited import restrictions and currency risks nonetheless accounted for pct total sales site production rendered expensive high price imports essential ingredients heineken scientists possibilities balance costs imported malt heinken launched nigerian market beer made pct sorghum had sold successfully coebergh heineken urging farmers grow traditional raw materials coebergh noted that banana and palm beer popular rwanda this possibility not possibly achieve heineken flavor coebergh chairman heineken company year efforts penetrate soviet market had finally resulted this week contract that relaxed restrictions faced lack hard currencies limited heineken market potential heineken bars moscow that enjoying good sales bars accept western money reuter 
earn	walgreen wag votes quarterly dividend qtly div cts cts prior qtr pay june record reuter 
crude	turkey calls for dialogue solve dispute turkey today disputes greece including rights continental shelf aegean sea solved negotiations foreign ministry statement latest crisis two nato members stemmed continental shelf dispute and agreement this issue effect security economy and rights countries issue basicly political solution can found bilateral negotiations statement greece repeatedly issue legal and solved international court justice two countries approached armed confrontation last month greece announced planned oil exploration work aegean and turkey search for oil face averted turkey confined research territorrial waters latest crises created historic opportunity solve disputes two countries foreign ministry statement turkey ambassador athens nazmi akiman due meet prime minister andreas papandreou today for greek reply message last week turkish prime minister turgut ozal contents message not disclosed reuter 
acq	frontier insurance frtr acquisition talks frontier insurance group inc negotiating acquire business medical quadrangle inc largest medical malpractice insurance producer and business malpractice producer medical professional liability agency inc gave details reuter 
earn	frontier insurance group inc frtr qtr net oper shr cts six cts oper net revs avg shrs year oper shr cts cts oper net revs mln mln avg shrs note net excludes investment gain cts shr loss six cts quarter and gain cts loss six cts year reuter 
earn	southington savings bank ssbb qtr net shr cts not net note company public july reuter 
earn	caterpillar inc cat votes quarterly dividend qtly div cts cts prior qtr pay record april reuter 
acq	corrected datron datr agrees buyout datron corp agreed merge gghf inc florida based company formed top officers company terms proposed transaction each share datron common stock excluding shares owned officers will converted into six dlrs share datron officers hold pct total datron common shares outstanding corrects company name gghf paragraph reuter 
earn	walgreen wag qtr feb net shr cts cts qtly div cts cts prior net mln mln revs billion billion six mths shr cts cts net mln mln revs billion billion note results include charge cts shr for latest six mths credit cts shr for prior six mths investment tax credit dividend payable june record reuter 
earn	medtronic mdt sees pct earnings growth medtronic inc sees pct growth sales and earnings for year ending april analysts meeting company that for year ending april will earn mln dlrs dlrs share sales mln dlrs year ago period company earned mln dlrs dlrs share sales mln dlrs winston wallin medtronic chairman company will improve market share fiscal cardiac pacemakers and expand cardiovascular therapeutic product line wallin cautioned analysts not quickly change per share estimates for company medtronic will heavy sales and marketing expenses fiscal company intends reinvest earnings businesses and not dividends shareholders grow business reinvest dividends share repurchases wallin sees medtronic share total worldwide pacemaker market increasing pct fiscal pct fiscal worldwide market for cardiovascualr therapeutic products includes pacemakers valves catheters and lasers will valued billion dlrs and will double that wallin objective hold products and start building market share beg borrow steal into markets past medtronic pacemakers plagued number problems leading product recalls regulators criticized industry citing quality problems and needless overprescription pacemakers knowledge major problems pacemakers leads wallin intend establish company quality leader industry glen nelson executive vice president for medtronics company intends diversify internally and acquisitions companies areas medtronic expertise such drug delivery systems wallin pct earnings growth for fiscal not include dilutions acquisitions hope safety provisions that won major dilutions acquisition wallin company will virtual exclusivity rate responsive pacemakers for fiscal company markets activitrax single chamber pacemaker that varies heartrate response physical activity siemens west german company developing rate responsive pacemaker reuter 
acq	spie batignolles increase comstock holding construction group spie batignolles negotiating increase holding engineering and electrical installations firm comstock spie batignolles subsidiary schneider schn statement negotiating invest mln dlrs comstock form bonds convertible into shares spie batignolles held pct stake comstock since february spokesman spie batignolles converted bonds open for french company control comstock gave details reuter 
earn	tranzonic cos tnz qtr feb net shr cts cts net sales mln mln avg shrs year shr two dlrs dlrs net sales mln mln avg shrs reuter 
earn	security pacific expects brazil loan action cut net mln dlrs 
trade	white house japanese tarriffs likely white house high tariffs japanese electronic goods likely imposed scheduled april despite effort japan avoid presidential spokesman marlin fitzwater made remark day and japanese officials meet emergency provisions july semiconductor pact discuss trade and punitive tariffs fitzwater japan applying full court press putting feet forward terms explaining position added that indications tariffs will effect reuter 
earn	showboat sbo charge sees qtr loss showboat inc will charge mln dlrs pretax results for quarter ended march director and assistant president kell houssels iii told reuters charge results pre operating expenses recently opened atlantic city showboat hotel casino and bowling center and will loss for quarter and for fiscal houssels showboat earnings for fiscal show sharp increase fiscal levels due contribution atlantic city facility showboat earned dlrs last year quarter for fiscal earned dlrs houssels showboat since opening atlantic city hotel casino showboat had start charging interest expenses connected debt sold finance facility directly income capitalizing interest had previously showboat opened hotel quarter and gaming began last thursday regular basis test gaming completed earlier week reuter 
earn	security pacific spc loans put accrual security pacific corp placing medium and long term loans brazil and ecuador accrual basis march move that will reduce quarter earnings mln dlrs cts per share taxes despite anticipated reduction quarterly earnings security pacific expects report quarter earnings higher mln dlrs dlrs per share reported for quarter bank holding company action affects mln dlrs loans brazil and mln loans ecuador brazil suspended interest payments billion dlrs medium and long term debt february ecuador foreign debt roughly billion dlrs not paid interest foreign banks since february march ecuador suspend interest payments for rest year earthquake halted export oil accounts for pct country export revenues announcement security pacific will record interest income received cash company believes that brazil will reach agreement banks and that interest payments will resume brazilian negotiations resume friday york central bank governor francisco gros expected banks for day roll billion dlrs term debt that matures april reuter 
crude	iraqi troops reported pushing back iranians iraq today troops pushing iranian forces positions had initially occupied launched offensive southern port basra early yesterday high command communique iraqi troops had won significant victory and continuing advance iraq had foiled pronged thrust six miles basra admitted iranians had occupied ground held mohammed qassem unit divisions attacked communique iranian revolutionary guards assault warplanes helicopter gunships heavy artillery and tanks forces continuing advance purge last foothold occupied iranians iran troops had killed wounded iraqis and stabilising positions baghdad communique iraqi planes destroyed oil installations iran southwestern ahvaz field raid today denied iranian report that iraqi jet shot iraq reported naval battle northern tip gulf iraqi naval units and forces defending offshore terminal sank six iranian iranian boats attempting attack offshore terminal communique reuter 
earn	golden enterprises inc gldc qtr feb net shr cts cts qtly div six cts six cts prior qtr net revs mln mln avg shrs mln mln mths shr cts cts net revs mln mln avg shrs mln mln note dividend payable april holders record april reuter 
money-fx	group meeting ends meeting finance ministers and central bankers group ended and half hours west german finance minister gerhard stoltenberg and british chancellor exchequer nigel lawson declined comment meeting emerged treasury european monetary official ministers group countries gather local gmt treasury reuter 
acq	ual ual respond pilots today ual inc response this afternoon pilots union proposal buy united airlines unit ual spokesman lot movement stock and clarification spokesman adding that chance statement released today pilots earlier this week offered buy airline for billion dlrs and assume billion dlrs existing debt takeover speculation driven ual stock for weeks ual last month york real estate developer donald trump held position stock and that held discussions chairman developer talks that position investment revealed plans today rumors circulated that coniston partners buying ual stock ual jumped volume mln shares united this proposal pilot proposal realistic don exptect put interesting options front ual management timothy pettee bear stearns and analyst analysts ual made vulnerable attack diversified core airline added hertz rental cars westin and hilton international hotels strategy become travel service company strategy left stock slump and pilots union concerned that company not focussing attention airline ual stood firm strategy emphasizing focus changing name allegis takeover speculation escalated and wall street busy calculating break values excess dlrs per share traders today described buying ual widespread indicative that big institutions stock play market sources that trump attracted attention stock pilots proposal acted catalyst kicking round speculation and perhaps throwing company into hands another buyer domino you investor considerable stake second domino union that type attitude precursor airline deals past pettee interesting values for reuter 
earn	hartmarx hmx targets earnings growth hartmarx corp year restructuring continues target record earnings for fiscal chairman john meinert told annual meeting meinert reiterated earlier comment that earnings for remainder year double level meet that goal fiscal ended november hartmarx reported earnings mln dlrs dlrs share prior year mln dlrs dlrs share year apparel manufacturer recently posted quarter earnings cts share cts year ago meinert told shareholders hartmarx plans sell divisions added financial capacity advantage acquisitions meinert company will open and redesigned kuppenheimer direct consumer stores atlanta detroit louis washington and san francisco company women apparel continues grow and hartmarx drawing board briar concept store will feature ties shirts and tailored clothing reuter 
earn	general electric qtr shr dlrs dlrs 
crude	ghana buy crude oil iran ghana will import tonnes crude oil annually iran agreement reached tehran today iranian news agency irna reported agency received london accord reached iranian oil minister gholamreza aqazadeh and visiting ghanaian delegation headed foreign minister obed asamoah irna that agreement iran will provide technical and scientific assistance manpower training and oil exploitation production and refining reuter 
earn	general electric qtr net shr dlrs dlrs net mln mln sales billion billion note prior year not include results rca corp reuter 
earn	energy development edp had year loss energy development partners had operating loss for year ended december mln dlrs cts per share mln dlr cash writeoff oil and gas properties quarter resulted net loss mln dlrs dlrs per share energy development partners limited partnership began operating september full year revenues totaled mln dlrs company proved reserves december totaled mln barrels oil and mln cubic feet natural gas reuter 
money-fx	industrial nations reconvene for talks financial ministers and central bankers leading industrial nations reconvened this afternoon canadian finance minister michael wilson entering meeting ministers review paris agreement asked satisfied west german and japanese stimulus wilson replied french finance minister edouard balladur meanwhile confirmed communique end meeting finance ministers and central bankers britain france canada and west germany reuter correspondents returning treasury building japanese officials and bundesbank president karl otto poehl not left building end earlier group talks broke local time gmt sign italian delegation position thrown into question this morning resignation christian democratic wing italy socialist led government european monetary officials that italian delegation inside building this meant that full blown meeting group progress reuter 
acq	chrysler renault delay motors amo pact chrysler corp and regie natiionale des usines renault agreed extend two weeks period for reaching definitive agreement chrysler proposed billion dlr takeover american motors corp letter intent signed chrysler and renault march set april target date for completing negotiations letter allowed room for extension that date april agreement not reached two companies plan complete work april chrysler and renault complex nature deal for additional time expected march letter intent two companies that chrysler renault extend agreement date event that prior april chrysler discovers unforeseen problem due diligence investigation company referring american motors chrysler spokeswoman not whether problem had cropped talks stuck company statement that time needed talks complex that definition delay previous agreement chrysler and renault letter intent terminated april agreement reached letter amendend written agreement companies chrysler spokeswoman working definitive agreement another chrysler official not part talks told deal trouble glitches analysts downplayed significance delay can visualize wouldn want donaldson lufkin jenrette analyst richard henderson reuter 
earn	rite aid corp rad sets dividend qtly div cts cts pay april record april reuter 
earn	airsensors inc arsn qtr jan loss shr loss cts loss six cts net loss loss sales mths shr loss cts loss cts net loss loss sales reuter 
earn	general electric qtr helped rca general electric corp quarter results significantly higher due strong results rca acquired last year general electric attibuted continued strong performances plastics major appliances and employers reinsurance corp for strong quarter recorded net earnings for quarter mln dlrs dls per shr pct mln dlrs dlrs per share for quarter year ago general electric chairman john welch reiterated company outlook for expects double digit earnings growth for year quarter results line expectations general electric cited strong results network and station operations national broadcasting not part quarter reason for strong earnings noted that aircraft engine operating profit higher year ago caused increase shipments quarter impacted strike aerospace revenues sharply higher this year quarter year ago inclusion rca aerospace and defense business company addition consumer products revenues last year including sales rca video products general electric restructuring provisions mln dlrs taxes implement strategic moves charged operations quarter added that time gain mlns dlrs taxes inventory accounting change and technical products revenues and operating profit ahead last year led strong increases medical systems volume and inclusion this year rca communications and related services reuter 
earn	banponce corp bdep qtr net shr dlrs dlr net reuter 
earn	xebec xebc report qtr loss xebec corp expects report loss for second quarter ended april due principally decline sales international business machines corp ibm company largest customer xebec expects revenues total mln dlrs company reported second quarter loss last year mln dlrs cts per share mln revenues xebec ibm historically accounted for pct company revenues that total fell pct quarter ended ibm had used xebec hard disk drive controller products ibm product ibm phasing xebec intends continue streamlining operations light loss business company consolidated two plants nevada and plans sell unused and surplus assets provide additional liquidity reuter 
earn	caterpillar cat reaffirms quarter outlook caterpillar inc remarks delivered annual meeting san francisco reiterated expectation loss quarter results hurt mln dlr time charge caterpillar mitsubishi pct owned affiliate company expected profit operations for full year improve remarks prepared for delivery shareholders president peter donis caterpillar targeted pct cost reduction will difficult achieve weaker dollar limited opportunities obtain lower material costs reuter 
acq	broker boosts zondervan zond stake pct investor group headed minneapolis minn broker jeffrey wendel raised stake zondervan corp shares pct total outstanding shares pct filing securities and exchange commission wendel group bought zondervan common shares march and april prices ranging dlrs share wendel group acted cooperation another shareholder group headed london investor christopher moran sought unsuccessfully last year zondervan reuter 
earn	kiena two for share split approved kiena gold mines shareholders approved previously reported proposed two for common stock split record date split will april kiena reuter 
earn	hanover insurance hins raises dividend hanover insurance board declared quarterly dividend cts per share payable holders record april dividend comes two for stock split effective april approved shareholders today company paid dividend cts per share pre split basis reuter 
acq	day int day sell unit day international corp entered into letter intent sell allen industries inc unit group including unit current management day sale enable day accelerate earnings for current fiscal year ending october net earnings for full year ending october ball park analysts estimates mln dlrs mln dlrs richard jacob day chairman and chief executive officer day reported earnings mln dlrs cts share fiscal day agreement subject preparation and negotiation definitive agreement and ability group obtain financing reuter 
earn	rite aid corp rad sets quarterly dividend qtly div cts cts pay april record april reuter 
earn	vulcan vul sees quarter operating loss vulcan corp quarter operating results will show loss chairman lloyd miller told told annual meeting company reported profit dlrs cts share for quarter last year cent share coming operating factors spokesman miller attributed expected loss completion purchase transfer and consolidation operating assets sullivan rubber division this proving costly and taking time originally anticipated vulcan working resolve problems miller told shareholders adding appears will find solutions reuter 
acq	ual ual comment stock rise ual inc citing company policy told york stock exchange not comment unusual rise stock ual parent united airlines closed volume mln shares wall street traders ual stock soared response proposed billion dlr buyout offer united air pilots union and general rise air fares industry reuter 
earn	strata corp stata year dec loss shr loss dlrs loss dlrs net loss mln loss mln revs mln mln reuter 
earn	strata stata earnings report qualified strata corp earnings report contained qualified opinion independent auditors strata owed mln dlrs overdue interest lender end and entire mln dlr principle classified liability company agreement merge lomak petroleum inc lost mln dlrs loss mln dlrs year earlier reuter 
earn	dayton hudson corp votes quarterly payout qtly div cts cts prior qtr pay june record reuter 
earn	vulcan corp vul regular dividend qtly div cts cts prior qtr payable june record reuter 
acq	nat distillers agrees sell spirits unit for mln dlrs american brands 
grain	usda seeks comments grain discount schedule agriculture department seeking public comments question adjusting commodity credit corporation ccc discount and premium schedules improve quality grain accepts loan collateral price support programs premiums and discounts schedule based quality factors such moisture content and kernel damage schedule stipulates premiums and discounts used for valuing grain ccc accepts purchases year department that producers encouraged delivery higher quality grain ccc adjusting premiums and discounts comments due april and report congress required law reuter 
acq	cascade importers unit acquires paris company cascade importers inc usa cascade international europa gmbh west germany tentatively acquired worldwide rights for products madam gre bernard tapie group paris agreement calls for cascade rights for manufacturing and trading perfumes skin care and treatment products and cosmetics group cascade agreement includes exclusive rights trade duty free channels worldwide designer gres accessories addition cascade granted option purchase assets including plant and equipment located france company cosmetic product line market alone represent mln dlrs revenue reuter 
earn	armel inc aml qtr loss oper shr loss cts loss dlrs oper net loss loss revs mln mln year oper shr loss cts loss dlrs oper net loss loss revs mln mln note excludes charge cts per share fourth quarter and gain cts per share year reuter 
acq	national distillers sell spirits unit national distillers and chemical corp signed definitive agreement sell spirits division for mln dlrs james beam distilling unit american brands inc amb sale spirits division made company previously announced plan sell spirits and wines businesses wine business sold last month for mln dlrs heublein inc part grand metropolitan plc national distillers purchase price will paid cash national distillers spokeswoman sale permits national focus core businesses chemicals and propane marketing proceeds sale will used repay debt and for corporate purposes company separate statement american brands sale for mln dlrs assumption liabilities sale subject compliance hart scott rodino antitrust improvements act and regulatory approvals company national distilled spirits business sales mln dlrs american brands national spirits brands include gilbey gin and vodka dekuyper liqueurs and windsor supreme canadian whisky reuter 
earn	management science msai loss top cts management science america inc clarifying statements made earlier today loss for quarter exceed cts share recurring expenses associated acquisition companies including comserv inc earlier today company told meeting investors that quarter loss cts share reuter 
interest	wojnilower sees drop interest rates federal reserve will promote lower interest rates this year sustain world economic growth boston corp managing director albert wojnilower fed tough line inflation cannot act slow growth credit subverting national economic policy selected occasions dollar steady and trade deficit not responding united states decided push germany and japan harder meet commitments economic growth federal reserve will part moving rates wojnilower report justifiably not anticipating recession higher interest rates securities market participants fear wojnilower last week hiccup money and currency rates and bond and stock prices caused japanese window dressing for march end fiscal year accounts wojnilower enjoyed average economic growth quarter pick reflect unsustainable pace inventory building and prospect for full year for real gross national product growth pct reuter 
acq	raytech ray buys west german company raytech corp acquired raybestos industrie produkte gmbh for mln dlrs raybestos manufacturing facilities radevormwald west germany produces friction materials for use clutch and braking applications reuter 
earn	intercare care post qtr loss intercare inc expects report substantial loss for fourth quarter ended january writeoff expenses associated recently terminated debt and equity offering company write includes expenses associated acquisition medical enterprises inc and restructuring partnerships intercare increased reserve accounts receivable executives company not immediately provide additional details intercare implemented workforce reduction closed two medical centers and additional closings means reducing working capital deficit reuter 
earn	united tech utx sees earnings impact united technologies corp decision international consortium not develop engine impact earnings international aero engines iae pct owned united technologies pratt and whitney division decided not launch superfan version engine told analysts that iae decision not launch full development program iae superfan for certification will short term impact earnings united technologies spokesman told reuters short term refers and spokesman declined elaborate iae owners rolls royce plc japanese aero engines corp fiat spa and mtu west germany analysts estimating united technologies will earn dlrs dlrs share reported earnings cts share included two large writeoffs reuter 
earn	stewart and stevenson ssss qtr net shr profit cts profit cts net profit profit revs mln mln year shr nil loss dlrs net profit loss mln revs mln mln note full name stewart and stevenson services inc reuter 
earn	westamerica bancorp wab qtr net shr cts cts net loans mln mln deposits billion mln assets billion billion reuter 
earn	southeast bancorp stb acts brazilian debt lead major banks southeast banking corp told securities and exchange commission place mln dlrs medium and long term brazilian debt accrual cash status based current interest rates estimated filing that move will reduce net income dlrs quarter and mln dlrs for company not brazilian debt situation material adverse effect issue common shares connection acquisition popular bancshares corp reuter 
earn	williams wmb sees flat pipeline volumes williams cos expected oil and fertilizer transportation volumes flat operating profits pipeline unit improve mln dlrs earned last year mln dlr special charge incurred williams pipeline charge earnings for removal miles pipeline service and for casualty losses companywide williams had net loss mln dlrs total revenues billion dlrs decline profits mln dlrs sales billion annual report williams northwest pipeline corp and williams natural gas had natural gas costs that lowest nation averaging dlrs and dlrs per mcf last year total natural gas reserves for units declined billion cubic feet billion cubic feet previous year company williams natural gas unit pay exposure major pipelines show improvement operating results tariff and federal tax rates company gas marketing business expected somewhat lower earnings competition operating region annual report gas marketing unit earned mln dlrs sales mln dlrs last year williams expected substantial decline debt equity ratio this year mln dlrs received cash sale agrico chemical and proceeds sale and leaseback williams telecommunications telecommunications business mile fiber optic system for long distance use will not profitable late williams reuter 
earn	super valu stores inc svu qtr feb net shr cts cts net sales billion billion avg shrs year shr dlrs dlrs net sales billion billion avg shrs note period ended february earnings include net loss unconsolidated subsidiary dlrs quarter and dlrs for year reuter 
earn	parker drilling pkd qtr feb loss shr loss cts loss cts net loss loss revs mln mln six mths shr loss dlrs loss dlrs net loss loss revs mln mln reuter 
acq	hbo hboc urges shareholders andover hbo and letter strongly urging shareholders not sign proxy cards andover group march andover group two man general partnership owns pct hbo stock filed preliminary proxy materials securities and exchange commission seeking nominate alternative slate directors company april annual meeting andover had expressed interest acquire company september hbo never received offer addition hbo financial condition improving rapidly result significant restructuring implemented expects company report net income cts per share and significant increase for year ended december company reported loss mln dlrs cts per share reuter 
earn	cfcf inc six mths feb net shr cts cts net revs mln mln reuter 
acq	uap makes acquisitions uap inc acquired slater auto electric two ontario stores and united diesel engine parts dartmouth nova scotia for undisclosed terms transactions together acquisitions earlier this year will increase annual sales mln dlrs reuter 
earn	hawkeye hwkb annual report qualified hawkeye bancorp annual financial results qualified auditors annual report conditions that company will unable continue concern auditors deloitte haskins and sells hawkeye annual report shareholders hawkeye reported loss almost mln dlrs citing increase loan loss provision mln dlrs and restructuring costs mln dlrs hawkeye assets billion dlrs year end expects sufficient cash meet obligations for month period last july bank holding company reached debt restructuring agreement identifed bank subsidiaries and bank operations for disposition restructuring improved hawkeye financial condition not assure that hawkeye will survive concern report hawkeye survival will depend ability comply provisions debt restructuring and regulatory agreements and ability return profitable operations can assurance that hawkeye will meet requirements company believes will hawkeye reuter 
earn	washington bancorporation qtr net shr cts cts net mln assets billion billion deposits billion billion loans billion mln note year ago results restated reflect merger colson inc reuter 
acq	dome dmp plan force sale encor stake dome petroleum proposal restructure debt billion canadian dlrs includes provisions that force company sell pct stake encor energy corp inc dome securities and exchange commission filing dome filing that debt plan proposes making payments year income debenture lender debt secured dome encor shares years circumstances shares encor required disposed company dome pledged mln encor shares security for part debt canadian imperial bank commerce estimated last year mln dlrs analysts commerce bank pressing dome sell stock pay debt dome encor shares had market mln dlrs march company filing previously reported dome seeking approval principle for debt restructuring plan dome filing proposed lenders sign letter understanding early april implementation effective july dome petroleum reiterated sec filing that existence concern dependent continuing interim debt plan due expire june and winning agreement for proposed restructuring plan company believes that negotiation and implementation proposed debt restructuring plan realistic and achievable dome final outcome negotiations cannot predicted this time reuter 
trade	deficit cuts unable cure trade deficit financial analysts pleased congressional moves trim year federal budget deficit actions will improve trade deficit buoy economy house representatives expected vote tomorrow approve trillion dollar budget blueprint for coming fiscal year that reduces deficit billion dlrs similarly senate budget committee approved plan that cut federal red ink billion dlrs year terms economy billion dlrs infinitesimal cuts this magnitude will impact economy and trade deficit stanley collander touche ross federal budget policy analyst will small positive effect collander interview federal reserve board chairman paul volcker repeatedly told congress that cutting federal red ink long reduce massive trade deficit and ease downward pressure dollar government attempted remedy trade imbalance driving dollar volcker warned that fall dollar fraught danger such decline refuel inflation imported goods become expensive and chase foreign capital needed finance federal budget deficit addition february officials meeting major industrialized nations paris agreed that dollar had dropped and that world exchange rates stabilized current levels part that agreement japan and west germany agreed steps stimulate economies and united states agreed cut budget deficit alternative driving dollar deal trade deficit volcker recently reduce consumption federal spending you don deal budget deficit you counterproductive volcker recent testimony senate banking committee volcker prefer tighten government purse strings fed tighten credit supply action needed fight inflationary pressures assure continued flow foreign capital into united states analysts that fed tightening choke current modest economic expansion and threaten recession kemper financial services economist john silvia stressed that deficit reduction size cuts consideration not give federal reserve board flexibility steer economy dollar plunging world exchange markets doubt that deficit reduction helps your objective stabilize dollar and perserve fed flexibility conduct monetary policy answer not silvia told reuters trade deficit become government vexing and persistent problems deficit billion dlrs and indication that this year figure will lower administration officials predicted will drop billion dlrs year end past volcker joked that never lost sleep worrying whether congress cut fat federal budget hand made clear not attached gradually declining deficit ceilings set for period last year gramm rudman balanced budget law law set ceiling billion dlrs for year federal deficit house and senate budget committees conceded that budget plans fall short deficit reduction goal billion dlrs for political reasons billion dlrs you congress present time touche ross collander that extraordinary remarkable and difficult collander real danger for congress end short deficit reduction goal set budget panels extent this become minimum acceptable reduction level explained that will failure wall street budget plan debate house floor lower estimated billion dlr deficit for year beginning october billion dlrs cutting defense and domestic programs billion dlrs anticipated spending levels for year senate budget committee called for deficit billion dlrs billion dlrs taxes and amount spending cuts reuter 
earn	stewart and stevenson services ssss qtr qtr ended jan shr profit cts profit cts net profit revs mln mln year shr profit nil loss dlrs net profit loss mln revs mln mln reuter 
earn	westamerica bancorporation wsam qtr net shr cts cts net assets billion billion deposits billion mln loans mln mln return avg assets pct pct reuter 
earn	gateway bancorp inc gban qtr net shr cts cts net deposits mln mln note per share amounts adjusted reflect for stock split effective sept reuter 
acq	american brands amb acquisitions american brands inc mln dlrs acquisition national distillers and chemical corp liquor business expected series acquisitions tobacco company analysts frustrated inability chesebrough for acquisition doesn surprise that another allan kaplan merrill lynch and american brands failed late last year billion dlrs bid for chesebrough ponds inc unilever agreed buy company since wall street speculating that american brands find another candidate reduce earnings exposure tobacco this typical george thompson prudential bache securities come american brands had make acquisition tobacco significant part earnings position favorable philip morris and reynolds cash flow low growth tobacco tobacco business require great amounts capital expenditures can use funds make acquisitions analysts national distillers spirits company makes gilbey gin and vodka grandad and crow whiskey not quite type acquisition envisioned distilled spirits business steady gradual decline for tobacco business thompson reuter 
acq	csr retaining delhi gas oil stakes csr csra sale delhi petroleum pty will not affect oil and gas interests manages operates csr sold delhi holds average pct santos stos led cooper eromanga basin onshore gas and liquids joint ventures exxon corp xon unit for mln dlrs april statement clarify position csr will retain roma gas unit associated roma brisbane gas pipeline and bula oilfield seram indonesia exploration interests queensland and hainan island china reuter 
earn	rio tinto zinc corp plc pretax profit mln stg mln 
earn	rio tinto zinc net attributable profit lower year december shr div making pretax profit mln stg mln net attributable profit mln stg mln turnover billion stg billion note accounts restated full name company rio tinto zinc corp plc rtzl group operating profit mln stg mln operating costs billion stg billion share profit losses related companies mln stg mln interest receivable income mln stg mln interest payable mln stg mln tax mln stg mln leaving mln stg mln rtz investment australian associate cra equity accounted for and figures restated basis reduction rtz interest pct october reuter 
earn	burmah oil pre tax profit mln stg mln 
interest	german bankers remarks revive talk rate cut remarks two leading central bankers sparked renewed speculation financial markets that cut west german pct discount rate discussion currency dealers bundesbank board member claus koehler speech that monetary growth resulting speculative capital inflows required cuts interest rates separately west berlin state central bank president dieter hiss told journalists that discount rate fall below lowest point pct made clear that not making forecast interest rates currency dealers and east dollar gained slight background support speculation german dealers noted that bundesbank pct rate unchanged offered liquidity money market this week dashing expectations that offer lower fixed rate money offer reduced minimum rate and strength banks demands set allocation rate allocated billion marks liquidity billion leaving market prior pact expired this weakened sentiment bundesbank move accommodative monetary stance dealers koehler speech surrey england speculative capital inflows monetary growth whether central banks intervened exchange rates fell words monetary policy measures required and sometimes diametrically opposed needed money stock increasing result mounting economic activity koehler liberal generally monetarist bundesbank board comments marked time cuts rates had concretely suggested counterpoint overly strong monetary growth dealers reuter 
trade	soviet trade deficit west soars soviet trade deficit west almost quadrupled last year reaching billion roubles compared mln official figures showed statistics published monthly journal foreign trade showed soviet trade turnover for fell billion roubles billion previous year drop pct moscow trade surplus east bloc countries continued grow western analysts attributed deficit rise west world oil price slump hit moscow main export and cut hard currency earnings needed for purchases west reuter 
earn	burmah oil profit climbs mln stg year shr final div making pre tax profit mln stg mln net profit minorities mln mln turnover net duties billion stg billion minorities stg extraordinary debit mln mln note company full name burmah oil plc burm reuter 
earn	rtz sees rising output aiding results rio tinto zinc corp plc rtzl rtz predicted rise industrial production and europe boost performance consumption base metals and dlr prices showing signs improvement iron ore markets weakened oil price dlrs average and sustained improve energy earnings company commenting statement results restated basis showed net attributable profits lower mln stg mln previous year pretax profits dipped mln stg mln rtz excellent performance expanding range industrial businesses offset collapse oil prices industrial businesses contributed mln stg net profit pct increase mln and pct total trading performance improved wholly owned subsidiaries rtz borax rtz cement rtz chemicals and rtz pillar time contributions recent investment and acquisitions speciality chemicals and minerals aided performance metals activities contributed mln stg net profit 
earn	bridgestone corp brit year december group shr yen net billion billion current billion billion operating billion billion sales billion billion note company forecast for current year group shr yen net billion current billion and sales billion reuter 
earn	burmah oil prospects remain favourable current year opened trading prospects remaining favourable burmah oil plc burm statement results company plans maintain steady rate investment marketing operations and obtain improved profit margins liquified natural gas lng project burmah financial capacity continue making acquisitions business sectors added rationalisation programme including sale bahamas oil terminal and peripheral activities complete pre tax profit for rose mln stg mln reuter 
earn	gebrueder sulzer profit almost pct year consolidated net profit mln swiss francs mln dividend francs per registered share francs and francs per participation certificate consolidated turnover billion francs billion parent company net profit mln francs mln parent company turnover billion francs billion note company full name gebrueder sulzer sulz reuter 
acq	pergamon holdings reduces bpcc and hollis stakes pergamon holdings and associate companies that had sold mln ordinary shares british printing and communication corp plc bpcl and mln hollis plc together securities total price company proceeds sales used fund pergamon expansion programme and worldwide acquisition stategy company that sales pergamon ordinary shareholdings bpcc and hollis remained pct had intention reducing holdings company reuter 
earn	nationale nederlanden profits sales steady year net profit mln guilders mln revenues billion guilders billion net profit per nominal guilder share guilders corrected for capital increase uncorrected figure dividend guilders corrected uncorrected note full name nationale nederlanden ntnn reuter 
interest	saudi rates rise bahrain banks caught short saudi riyal interest rates rose bahrain based banks scrambled cover short positions dealers bahrain banks had lending fixed periods and borrowing short dates today found day day money short supply dealers stuck spot trader spot rose high six pct pct yesterday and borrowing interest spilled into periods month rising pct pct yesterday months edged pct pct six months quoted touch firmer banks pct commercial banks quoted spot riyal dollar yesterday reuter 
earn	philippine telephone firm plans stock split philippine long distance telephone pldt planning two for stock split and pct stock dividend this year reduce excess market buoyancy vice president sennen lazo told reuters lazo stock split reduce par company common stock pesos stock split apply holders mln common shares stock record date september exercise make stock marketable lazo reach small investors pldt common stock surged low pesos february close trading yesterday manila stock exchange lazo pct stock dividend payable october apply stockholders record september pldt reported net income billion pesos pct mln pesos operating revenues six billion pesos billion pesos end december company had stockholders pldt spokesman company profits likely substantial since government raised franchise tax pct two and impose pct corporate income tax previously exempt government not ordered implementation tax decision pldt largest telephone companies philippines december company had telephones operation representing pct instruments country manila item philippine telephone firm plans stock split read page para company profits likely substantially cut inserting dropped word this replaces company profits likely substantial 
earn	ccf reports pct profit boost share split credit commercial france ccfp reported parent company net profit pct mln francs mln francs weeks denationalisation end this month official sources bank france sixth largest terms deposits and seventh terms assets planned share split increase number shares offer ahead sale pct ordinary share capital public pct staff and pct abroad previously france biggest private banks nationalised socialists sources early give details planned split share price cited april likely date for flotation launch pct group capital mln shares francs nominal offered for sale large private investors constitute solid core ten shareholders flotation private tender offer closes april mln franc advertising campaign for flotation begins sunday privatisation will attracting extra clients ccf deputy director general rene serre told reuters market sources put total ccf privatisation and billion francs serre bank likely attract number investors sogenal another recently privatised bank people bought shares government sweeping privatisation programme included sale saint gobain sgep and cie financiere paribas pari sale banque batiment des travaux publics and banque industrielle mobiliere privee completed this month largest french bank societe generale sgen will privatised this year reuter 
acq	lex service buys sears motor group lex service plc lexl had acquired sears motor group retail motor distribution arm sears plc sehl and mln stg loan note payable sears motor for mln stg purchase will mln stg cash and issue sears plc mln lex ordinary shares company statement that immediately acquisition motor group car and commercial vehicle contract hire fleet vehicles sold lex vehicle leasing for mln stg cash sum equal net book vehicles transferred lex vehicle owned equally lex services and lombard north central plc lex shares involved transaction today for sears plc institutions shares will not qualify for final lex dividend april lex statement that acquisition sears motor group represents major development for automotive activities enlarged retailing operations lex automotive group turnover mln stg lex existing automotive interests include volvo concessionaires sole importer volvo cars and parts into lex turnover for sears motor group year december mln stg and that date acquisition group had mln stg external borrowings lex shares fell announcement trade close yesterday reuter 
acq	mepc extends offer for oldham mepc plc mepc that offer for oldham estates remain open notice february mepc made agreed bid for oldham based formula reflecting asset september year earlier oldham net asset put mln stg april valuation used formula had agreed oldham had give firm recommendation shareholders offer reuter 
earn	george wimpey profits pct mln stg year december shr div making pretax profit mln stg mln tax mln stg mln net profit mln stg mln turnover billion stg billion note full name company george wimpey plc wmpy operating profit exceptional items mln stg mln exceptional debits mln stg mln operating profit mln stg mln share profits losses associated companies mln stg mln loss interest net payable mln stg mln attributable minority profits debits mln stg mln extraordinary items debit mln stg mln credit net borrowings mln stg mln reuter 
trade	canada february trade surplus billion dlrs january mln dlrs surplus 
earn	aegon net profit rises pct net profit mln guilders total revenue billion guilders billion net profit per guilder nominal share guilder corrected for capital increase final dividend guilders and pct stock guilders and pct stock interim dividend paid guilders note full name company aegon aegn reuter 
trade	canada february trade surplus billion dlrs canada had trade surplus billion dlrs february compared upward revised mln dlrs surplus january statistics canada january surplus originally reported mln dlrs february surplus last year mln dlrs february exports seasonally adjusted billion dlrs billion january and billion february february imports billion dlrs billion january and billion february reuter 
earn	natned forecasts results line netherlands largest insurer nationale nederlanden nttn natned expected unchanged results reporting net profits pct mln guilders mln revenues increased pct billion guilders billion previous year and dividend raised guilders per share guilders corrected capital increase company guilder revenue and profit pressured falls exchange rates and australian dollar and sterling currency fluctuations net profit mln guilders higher and revenue billion higher natned international share turnover pct compared pct company life insurance result fell mln guilders mln due currency influences tighter interest margins and increased investment claim payouts fell mln guilders mln previous year company total assets reached billion guilders billion year assets per share equalled guilders currency fluctuations net profit mln guilders higher and revenue billion higher natned international share turnover pct compared pct company life insurance result fell mln guilders aft interrupted 
trade	launches anti dumping probe japanese chips european community launched investigation into allegations dumping japanese semiconductor makers move diplomats mark intensification world trade strains tokyo faces deadline april washington for imposition mln dlrs worth tariffs chips imports into executive commission today european electrical component manufacturers association complained that japanese firms selling high capacity eprom type erasable programmable read memory chips unfairly low prices japan last year pct mln dlr eprom market pct firms had forced offer products discount pct order compete japanese commission believed association had sufficient elements proof for dumping warrant investigation lead impose duties found complaints justified commission claims last year accord and japan microchip pricing firms privileged access japanese market reuter 
money-fx	swiss launch series money market paper swiss federal government will launch series month money market certificates totalling mln swiss francs national bank subscriptions close april and payment date april last series month paper issued march raised mln francs issue price pct giving average annual yield pct reuter 
money-fx	finance ministers agree for stability finance ministers major industrialized nations agreed stabilize currencies current levels action needed reduce trade imbalances and sustain economic growth communique issued hour meeting treasury that ended last night ministers dollar and currencies basically correct and welcomed measures planned japanese boost economy west german finance minister gerhard stoltenberg called good meeting and remarks exchanged reporters ministers pleased outcome shortly communique issued and foreign exchange trading opened tokyo bank japan intervened prevent yen rising quickly communique ministers and governors reaffirmed commitment cooperative approach agreed recent paris meeting agreed that actions will essential resist rising protectionist pressures sustain global economic expansion and reduce trade imbalances welcomed plans set this week japan ruling liberal democratic party stimulate economy communique termed extraordinary and urgent measures including unprecedented front end loading public works expenditures meeting called group brought together ministers and central bank governors major industrial democracies united states japan west germany france britain italy and canada communique ministers reaffirmed commitment cooperation reached meeting february paris had agreed stabilize foreign exchange rates current levels weeks that dollar continued fall japanese yen despite massive dollar purchases bank japan and central banks and trading postwar lows japan come growing criticism united states and european countries for modest efforts open markets competition and reduce exports communique japan affirmed intention open domestic markets foreign goods and services not elaborate officials reaffirmed view that current levels currencies ranges broadly consistent economic fundamentals and basic policy intentions outlined louvre meeting reuter 
earn	aegon expects moderate rise profits dutch insurer aegon aegn reported pct increase net profits mln guilders and expected moderate increase profits for total revenue pct lower billion guilders billion guilders company revenues due lower foreign exchange rates and change accounting practice added that revenues risen pct had not occurred revenue dutch operations rose pct due life insurance business health insurance revenues netherlands rose despite notable shift insurances lower premiums and higher personal risks damage insurances made losses due car damage insurances aegon not loss united states revenue guilders health and life insurance lower aegon this due change accounting for annuities aegon annuities subject such strong personal investment influences that accounted differently traditional insurances this change accounting practice and another change account for profits made fixed interest investments resulted incidental rise net profits mln guilders aegon incidental negative influences net profits slightly higher lower dollar rate high initial costs for products and cost headquarters hague large number insurance products emerged netherlands and aegon large initial costs for products depressed net profits somewhat monumental corp insurer merged aegon profits almost completely eroded costs and made small contribution group profits aegon written mln guilders goodwill for monumental corp aegon net equity billion guilders december billion year reuter 
money-fx	show markets resolve miyazawa japanese finance minister kiichi miyazawa group countries reaffirmed paris accord stabilising currencies convince market resolve news conference today meeting miyazawa ministers and central bank governors not totally statement needed speculative selling not reflect economic fundamentals and since fundamentals had not changed reaffirmation goals paris accord needed noted that this test nations resolve had concentrated yen currencies mark had remained stable miyazawa change economic conditions since paris accord not worth called fundamental time louvre agreement expression current level vague idea yen movement past weeks range agreed paris febraury give vague expression pin pointing level adverse impact market miyazawa asked japan committed fresh measures statement japan exceptional yen appreciated dollar major currencies largely stable japan ruling liberal democratic party justed adoped package reflate economy nations not supposed produce measures short period since paris agreement miyazawa sanctions japanese semiconductor products not discussed meeting and not affect currency talks nations discussed debt problems developing countries and ways proceed line debt initiative outlined treasury secretary james baker months ago reuter 
earn	unifirst corp unf sets quarterly qtly div cts cts prior pay july record june reuter 
earn	trump plaza qtr net net profit loss revs mln mln year net profit mln profit revs mln mln note company wholly owned and operated donald trump acquired pct interest that had owned operator holiday corp hia reuter 
acq	step saver coda warrant exercised step saver data systems inc bergen richards corp exercised warrant buy step saver shares two dlrs each warrants issued underwriter initial public offering exercised march for aggregate dlrs reuter 
acq	coast savings csa talks buying bank coast savings and loan association talks federal savings and loan insurance corp acquisition central savings and loan association san diego central operates branches management guidance fslic since coast acquisition give entry into san joaquin valley market strengthening presence san diego los angeles and orange counties areas reuter 
acq	bramall acquire gelco for mln dlrs bramall plc statement accompanying annual results that proposed acquire gelco for mln dlrs part cost will met issue mln ordinary bramall shares each acquisition will satisfied initial payment mln dlrs cash payments dlrs maximum mln dlrs payments will made profits achieved gelco for year ending july reach level bramall shares trading lower reuter 
earn	and bancshares inc cbtb qtr net shr cts cts net avg shrs mln mln note results reflected pooled acquisition community bancshares inc march and include camden bancorp january purchase reuter 
earn	xicor inc xico qtr march net shr profit cts loss cts net profit loss revs mln note net includes dlr tax credit reuter 
earn	george wimpey benefits restructuring george wimpey plc wmpy outlook for looked encouraging company realised continuing benefits restructuring financial position showed improvement and reshaping business into defined and activity related divisions had successfully achieved wimpey commenting statement results showed pretax profits pct mln stg group had good year north america company statement reuter 
acq	cmco makes acquisition acquired principal assets national tech industries inc and telkom corp engaged sale and telemarketing consumer electronic merchandise and business house imports and industries company paid total dlrs including assumption liabilities national tech had sales mln dlrs for reuter 
earn	datatrak inc dtrk qtr feb net shr profit nil profit nil net profit profit sales mths shr loss loss two cts net loss loss sales reuter 
ship	todd shipyards tod struck west coast todd shipyards corp production workers represented multi union pacific coast metal trades district council san francisco division struck april six negotiations expected resume end this month todd collective bargaining division effect galveston division expires april and negotiations galveston metal trades council continuing company results balloting collective bargaining agreement proposal seattle division expected tabulated close business tomorrow pacific coast council recommended acceptance that proposal membership todd reuter 
acq	clevite industries industries offered dlrs share buy company 
earn	suntrust banks inc sti qtr net shr cts cts net mln mln note share adjusted for two for split july results restated for pooled acquisition national corp december net chargeoffs mln dlrs mln dlrs assets billion dlrs pct year earlier deposits billion pct and loans billion dlrs pct reuter 
earn	international thomson report funds international thomson organisation will report financial results funds sterling beginning jan change will not applied retroactively prior financial periods company result recent investments assets located united states reuter 
earn	philip crosby associates inc pcro qtr net shr cts cts net revs mln year shr cts cts net revs mln mln reuter 
earn	colonial american bankshares corp cabk qtr shr cts cts qtly div cts cts prior net note share adjusted for pct stock dividend november dividend pay record april reuter 
acq	clevite clev gets dlr shr offer clevite industries inc received written proposal industries inc jpi seeking buy outstanding shares for dlrs share clevite stock trading nasdaq industries recently completed acquisition clevite engine parts division industries proposed transaction financed borrowings bank lines and bridge financing facility donaldson lufkin and jenrette securities corp agreed arrange expedite transaction industries willing start cash tender for clevite shares days agreeing definitive merger and confirmation clevite financial results and condition reuter 
money-fx	money market deficit revised downward bank england revised estimate today shortfall mln stg mln taking account mln stg morning assistance reuter 
earn	physio technology phyt sees loss default physio technology inc expects quarter ended march loss dlrs and default bank loan resignation chairman and chief executive officer company loss quarters modest profits year ago quarter earned dlrs cent share for half fiscal reported profit dlrs two cts share compared year earlier loss dlrs cts share president michael hall will assume duties chief executive officer physio technology resignation chairman james lane can constitute compliance series convertible subordinated debentures due and default agreement merchants bank kansas city explained declaration compliance debentures create default loan agreements requiring payment mln dlrs debentures and dlrs outstanding bank credit line company debenture holders intend waive compliance reserve withdraw waiver end day period physio technology changing field sales force independent representatives and dealers employees significantly reduce fixed overhead statement not employees affected move company lane will become independent dealter for company midwestern states will continue serve director added reuter 
earn	washington federal savings wfsl qtr net qtr ends march shr dlr cts net mln six mths shr dlrs dlrs net mln mln note full name bank washington federal savings and loan association reuter 
earn	ponce federal bank pfbs qtr net shr cts cts net avg shrs note net for qtrs reflects gains sales securities pct net and pct net reuter 
money-fx	money market deficit removed bank england satisfied revised estimate today shortfall money market providing mln stg assistance afternoon operations bank bought band mln stg bank bills pct and band two mln stg bank bills and mln stg treasury bills pct this brings total today mln stg compared deficit estimate mln stg reuter 
money-fx	lebanese pound falls sharply dollar lebanese pound fell sharply dollar today dealers attributing decline continued political uncertainty pound closed dollar compared yesterday close political deadlock reflected pound position demand and offer market dealer told reuters pound dollar january lost pct international past months reuter 
earn	brown boveri und cie lifts dividend dividend business marks per share marks company subsidiary switzerland bbc brown boveri und cie bbcz reuter 
earn	whirlpool corp qtr shr cts cts 
acq	hutton lbo inc tender offer acquisittion for purolator courier expired 
acq	hutton lbo inc unit terminates merger agreement purolator courier 
acq	gemina comment ambrosiano report holding company gemina spa had comment italian press report today that acquired pct stake nuovo banco ambrosiano spa italian daily repubblica that gemina paid billion lire for shareholding italian banks gemina spokeswoman told reuters nothing report spokeswoman for milan based ambrosiano information this time february ambrosiano chairman giovanni bazoli foreign and domestic firms expressed interest buying stakes bank reuter 
earn	volkswagen dividend unchanged dividend business unchanged marks per ordinary share company set dividend marks for preference shares issued last year note company profit will match level despite provisions mln marks connected alleged currency fraud group net profit mln marks parent company net mln marks company full name volkswagen vowg reuter 
earn	whirlpool corp whr qtr net shr cts cts net sales mln mln avg shrs reuter 
interest	bank france leaves intervention rate unchanged bank france left intervention rate unchanged pct injected funds market category paper today money market intervention tender money market dealers had earlier expressed mixed views possibility quarter point cut rate last adjusted march cut pct pct rate set january reuter 
earn	showboat sbo declares stock split showboat inc board declared two for stock split payable shareholders record reuter 
earn	rexham corp rxh qtr net shr cts cts net sales mln mln note net includes pretax gain dlrs change pension accounting results include production graphics corp and systems technology and weapons system test divisions technology inc acquired december reuter 
earn	eastern corp febc qtr net shr cts cts net note share adjusted for two for stock split january reuter 
interest	fhlbb short term discount note rates federal home loan bank board adjusted rates short term discount notes follows maturity rate rate maturity days pct pct days days pct pct days days pct pct days days pct pct days days pct pct days reuter 
acq	anchor financial afcx make acquisition anchor financial corp agreed acquire waccamaw state bank surfside beach exchange anchor shares for each waccamaw share subject regulatory and shareholder approvals waccamaw had assets mln dlrs march reuter 
acq	hutton efh unit purolator offer expires hutton lbo inc tender offer wholly owned unit acquisition inc for purolator courier corp pcc expired edt yesterday purchase purolator common stock hutton added that acquisition terminated merger agreement purolator hutton offer had conditioned tender purolator shares two thirds outstanding shares terminated minimum number shares not tendered purolator had entered into definitive agreement acquisition part owned hutton lbo inc unit hutton and officers purolator courier division offered purchase purolator common stock shares for dlrs share that move acquisition planned merge subsidiary into purolator converting outstanding purolator common not into aggregate mln dlrs principal amount pct guaranteed debentures due and warrants purchase pct purolator unit comprised purolator courier operations hutton edt yesterday shares purolator common stock pct outstanding shares had validly tendered and not withdrawn acquisition instructed depository for offer return promptly purolator stock deposited behalf tendering shareholders hutton reuter 
earn	abbott laboratories qtr net shr cts cts 
earn	reichhold chemical rci sets anti takeover plan reichhold chemical inc board adopted warrant dividend plan preferred stock purchase will distributed dividend each common share outstanding company warrant dividend plan designed protect shareholders unsolicted coercive attempts aquire control making adequate offer for shares reichhold adoption not response specific takeover attempt reichhold each will entitle shareholders buy hundreth share newly created series preferred stock initial exercise price dlrs dividend and voting rights approximately equal share company common stock rights will exercisable reichhold prior consent person group acquires pct voting power announces tender offer result pct ownership company reichhold entitled redeem rights cts apiece pct position acquired existing pct shareholder buys additional two pct voting power company connection transactions afterward tax free distribution will become effective and will expire years company details plan outlined letter mailed stockholders reuter 
earn	abbott laboratories inc abt qtr net shr cts cts net mln mln sales billion mln reuter 
acq	hanson han buy int protein pro stock international proteins corp agreed sell private placement common shares dlrs share subsidiary hanson trust plc addition david clarke president another hanson trust subsidiary hanson industries will named chairman international proteins executive committee election board annual meeting international proteins recently acquired clarke family business great south beach sales for restricted common shares issued date international proteins agreement hanson trust subject stockholder approval annual meeting expected held june company hanson trust purchasing stock for investment purposes adding agreement includes restrictions purchase sale company hanson for years international proteins will use proceeds expand domestic operations company mln shares outstanding reuter 
acq	exxon xon south african unit acquired zenex zenex oil pty acquired interests esso south africa local subsidiary exxon corp xon and will use mln rand profits finance educational and social programs profit scheme will begin zenex paid exxon undisclosed purchase price for esso zenex chairman john truscott statement acquisition follows exxon withdrawal south africa announced last december reuter 
interest	sallie mae adjusts short term discount note rates student loan marketing association rates short term discount notes follows maturity rate rate maturity days pct pct days days pct pct days pct days pct days pct days pct days reuter 
interest	freddie mac adjusts short term discount rates federal home loan mortgage corp adjusted rates short term discount notes follows maturity rate rate maturity days pct pct days reuter 
grain	argentine grain belt weather report argentine grain belt temperatures centigrade and rain hours gmt max temp min temp rainfall buenos aires bahia blanca tres arroyos tandil junin santa rosa cordoba santa reuter 
earn	mln marks maximum for currency losses losses for volkswagen vowg linked alleged foreign currency fraud will not exceed mln marks provision made spokesman spokesman commenting had confirmed pay unchanged mark dividend for ordinary shares business despite provision west german newspaper today quoted foreign currency dealers frankfurt speculating that total losses currency affair high billion marks spokesman described mln marks upper limit statement today supervisory board meeting that had discussed foreign currency scandal detail and setting probe into foreign currency activities carried unnamed auditing company computer programs erased and documents faked alleged fraud believes transactions intended protect foreign currency losses not completed foreign currency chief burkhard junger arrested monday suspicion embezzlement and evaded justice earlier had that results match profits group net profit mln marks and parent company net mln marks recommend unchanged dividend supervisory board company set dividend marks for preference shares issued last year analysts described held dividend move reassure worried shareholders increased nominal capital marks last year billion marks result that total dividend payment will mln marks compared mln since capital preference shares share analysts will dig into reserves order maintain disclosed profit levels end had parent company reserves slightly billion marks reuter 
earn	federated department stores march sales pct 
earn	alex brown absb sets split offer shares alex brown inc declared for two stock split payable record company filed offer common shares including sold shareholder company proceeds used for working capital and general corporate purposes alex brown and sons inc subsidiary lead underwriter offering expected made record date split company reuter 
earn	highland superstores inc high qtr net period ended jan shr cts cts net revs mln mln year shr dlrs dlrs net revs mln mln avg shrs reuter 
acq	lvi group lvi make acquisition lvi group inc agreed principle purchase outstanding shares spectrum holding corp for proposed mln dlrs cash lvi additional mln dlrs common stock and mln dlrs notes will become payable spectrum minimum future earnings lvi interior construction firm acquisition subject execution definitive agreement and completion due diligence lvi and spectrum asbestos abatement concern expect close deal june lvi reuter 
earn	texas american tae omits preferred payout texas american energy corp board decided omit quarterly dividend dlr cumulative convertible exchangeable preferred stock dividend payable company last paid cts share issue august reuter 
earn	vornado inc vno qtr jan net shr dlrs dlrs net revs mln mln avg shrs mln mln year shr dlrs dlrs net mln mln revs mln mln avg shrs mln mln reuter 
acq	brenda mines selling kerr addison shares brenda mines sold kerr addison mines shares group underwriters led wood gundy inc and brown baldwin nisker for redistribution financial terms undisclosed reuter 
acq	phoenix financial phfc buys data access stake data access systems inc chairman david cohen sold common shares phoenix financial corp for undisclosed terms and resigned chairman and chief executive officer company phoenix financial pct interest data access and effective control data access phoenix chairman martin ackerman named chairman data access and two phoenix representatives named data access board directors cohen resigned board reuter 
earn	health and rehabilitation hrp initial payout health and rehabilitation properties trust declared intitial dividend cts per share for period ending march dividend will payed shareholders record april company company organized late and closed intitial public offering shares dec initital dividend includes cts attributable period dec and and cts attributable qtr ending march reuter 
earn	rowe price trow sees higher quarter rowe price associates quarter earnings rose pct year ago dlrs and revenues pct year ago mln dlrs expects good earnings and revenue growth this year earned mln dlrs revenues mln dlrs reuter 
acq	general partners cuts stake gencorp general partners told securities and exchange commission reduced stake gencorp inc pct pct selling shares price equal dlrs per share general partners includes holdings inc and general acquisitions inc yesterday dropping dlr share hostile takeover bid for gencorp gencorp move buy back shares for dlrs each reuter 
earn	heritage financial services qtr net shr cts cts net avg shrs note company had initial public offering shares october reuter 
earn	national computer nlcs sees earnings growth national computer systems inc expects fiscal year earnings improve pct company told analysts april quarter show earnings and virtually flat revenues chairman charles oswald national computer steps improve margins revenues expected increase modestly company decision downsize leasing business nonrecurring revenueslast year time texas teacher assessment project and impact discontinuance products last year oswald national computer quarter results will result major financial systems sales last year higher effective tax rate and increased number shares outstanding company consecutive quarters demonstrate excellent earnings growth reuter 
interest	chancellor lawson cut interest rates countries 
acq	rexham rxh repurchases stake nortek ntk rexham corp repurchased shares pct nortek inc for dlrs each and nortek withdrawn proposal acquire rexham for dlrs per share rexham nortek agreed not buy rexham shares actions year standstill agreement rexham board had rejected nortek bid inadequate company board authorized repurchase open market privately time time additional pct shares and establishment employee stock ownership plan plan expected purchase rexham convertible preferred stock pct rexham voting power proceeds pension plan overfunding and borrowings reuter 
interest	fhlbb short term discount note rates federal home loan bank board adjusted rates short term discount notes follows maturity rate rate maturity days pct pct days days pct pct days days pct pct days days pct pct days days pct pct days reuter 
earn	strathfield oil and gas year net shr cts cts net revs reuter 
acq	diamond crystal dslt sell salt unit diamond crystal salt sell salt division company retained boston corp assist sale division assuming fair price and reasonable terms can obtained diamond crystal sale unit long term interests shareholders company incorporated packet products division april unit will indirect wholly owned subsidiary called diamond crystal specialty foods inc current management division will remain reuter 
interest	lawson countries cut rates nigel lawson britain chancellor exchequer countries cut interest rates aim maintaining exchange rate stability speaking journalists day group countries reaffirmed goals set paris six weeks ago central banks continue intervene and countries concerned that japan stimulate domestic demand and welcomed measures outlined japanese finance minister kiichi miyazawa yesterday lawson worried risk simultaneous recession united states japan and west germany gave march budget speech british parliament bit concerned risk asked united states increasing interest rates support dollar for relative interest rates doesn rise interest rates united states lawson concern expressed yesterday meetings slow progress united states had made reducing budget deficit will worthwhile progress reducing deficit this year important thing that continue year year lawson february louvre accord called for efforts stabilize currencies current exchange rates six weeks that japanese yen continued rise dollar despite massive central bank intervention asked whether this intervention sign weakness louvre accord don had intervention you called that sign weakness intervention inflation lawson world not inflationary mode vigilant yesterday statement affirmed that current levels exchange rates had carefully worded mean and mean thing lawson financial markets that japanese measures outlined louvre accord source weakness for that agreement countries welcomed miyazawa presentation plans for supplemental budget stimulate domestic demand welcomed goal increase public works spending lawson package involved second stage increase expenditures second half this year reuter 
money-fx	group welcomes latest agreement group developed nations issued communique welcoming reaffirmation paris accord currency stability group leading industrial democracies yesterday communique issued this morning prospects member countries economies improved stability exchange rates currencies includes group united states canada britain japan italy west germany and france belgium netherlands sweden and switzerland sources attended conference this morning reference latest agreement added communique currency stability will benefit members met briefly international monetary fund interim committee meeting scheduled for today reuter 
earn	consolidated papers inc cper qtr net shr dlrs dlrs net sales mln mln reuter 
acq	humana hum sell medical offices humana inc agreed principle sell medfirst primary medical care facilities primedical corp for undisclosed terms transfers taking place months retains medfirst offices chicago area transaction not expected impact earnings humana reuter 
earn	met coil systems corp mets qtr feb net shr cts cts net sales mln mln mths shr cts cts net sales mln mln qtly div cts cts prior pay april record april reuter 
earn	ford raises qtly payout cts shr cts 
money-fx	lawson sees change monetary policy british chancellor exchequer nigel lawson implications for british monetary policy arising group meeting yesterday exchange rate stability interest told journalists asked meant for monetary policy not implications reuter 
earn	ford motor raises qtly payout qtly div cts cts prior pay june record reuter 
earn	dekalb corp dklbb qtr feb net shr cts cts net mln mln revs mln mln six mths sdhr cts cts net mln mln revs mln mln reuter 
earn	abbott abt sees gains weaker dollar abbott laboratories inc quarter record results reflected continued productivity improvement higher volume product mix and weaker dollar abbott reported quarter earnings rose record mln dlrs cts share record sales billion dlrs research and development expenses applied diagnostic and pharmaceutical products increased pct mln dlrs sales pharmaceutical and nutritional products mln dlrs quarter pct year ago abbott hospital and laboratory product sales quarter rose pct mln dlrs quarter sales domestic markets advanced pct mln dlrs international sales jumped pct mln dlrs abbott reuter 
earn	rjr nabisco quarter net include mln dlr gain mln dlr charge 
earn	health rehabilitation hrp sets payout health and rehabilitation properties trust board declared initial dividend cts including cts for quarter ended and cts initial operating period that began december dividend payable record april reuter 
money-fx	treasury baker rate shifts orderly treasury secretary james baker that exchange rates generally orderly and improved prospects for reduction external imbalances sustainable levels remarks imf policy making interim committee baker reiterated group statement last night that substantial exchange rate since plaza agreement months ago brought currencies ranges broadly consistent economic fundamentals baker exchange rate shifts generally orderly and improved prospects for reduction external imbalances sustainable levels today trade and current account imbalances simply not sustainable baker told ministers that reagan administration resisting strong domestic pressure for trade protection and working closely congress crafting trade bill cannot outcome can ensure that bill not protectionist baker urged international monetary fund executive board review modifications fund compensatory financing facility annual meeting this fall pay attention lack continuing conditionality associated use cff and whether shortfalls export earnings temporary reuter 
acq	time sell part unit time inc time life video inc subsidiary agreed principle sell institutional training business time life video president william ambrose for undisclosed terms business will operate ambrose video publishing reuter 
trade	sprinkel tax hike not reduce deficit council economic advisers chairman beryl sprinkel reagan administration remains strongly opposed tax increase including billion dlrs revenues budget plan congressional democrats that significant increases taxes not reduce deficits and adverse effects growth sprinkel told house rules committee administration wanted continue policy gradually reducing deficits restraining government spending and promoting economic growth sprinkel cutting budget deficit lower trade deficit reuter 
earn	royal business group inc roy qtr march shr cts cts shr diluted cts cts net revs not half shr cts shr diluted cts net revs not note current year net periods includes gain dlrs repurchase securities results exclude business forms division sold reuter 
earn	mse cable systems inc qtr net shr nil nil net vcs revs avg shrs year shr nil nil net revs avg shrs note share adjusted for for reverse split reuter 
earn	rule industries inc rule qtr feb net shr cts cts net revs half shr cts cts net revs mln mln reuter 
acq	jersey investor buys pct kinark kin jersey investor joseph falkenstein told securities and exchange commission holds pct shares kinark corp plans change company and that bought shares believed stock undervalued and rise six months reuter 
earn	national distillers sees second qtr gain national distillers and chemical corp expects realize second quarter tax gain dlrs per share mln dlr sale spirits business american brands inc amb national distillers stock rose opening delay york stock exchange for imbalance orders sales price higher people expected john henry hutton group company spokeswoman dlr per share gain will included second quarter net compares cts per share last year including spirits and wine business netted mln dlrs for spirits and wine that will ease interest cost burden henry national distillers sold wine business last month grand metropolitan plc heublein inc for mln dlrs henry had anticipated national distillers net mln dlrs sale two liquor businesses henry company recovered sales cost buying enron chemicals fourth quarter last year national distillers paid mln dlrs cash for enron and assumed mln dlrs debt national distillers time bought enron sell spirits and wine businesses moving into chemical area for two thirds income chemicals and propane national distillers earned excluding liquor businesses dlrs per share for income discontinued operations including liquor businesses cts per share reuter 
earn	waste recovery inc wrii qtr net shr loss cts loss cts net loss loss revs avg shrs year shr loss cts loss cts net loss loss revs avg shrs reuter 
earn	branch corp bnch qtr net shr primary cxts shr diluted cts cts net assets billion billion deposits billion billion loans billion billion reuter 
acq	kurz kasch ups stake component tech ctec kurz kasch inc dayton thermoset molding maker told securities and exchange commission had increased holdings component technology corp two pct pct bought shares stock dlrs share for investment purposes reuter 
earn	zayre corp raises quarterly qtly div cts cts prior pay june record reuter 
earn	rjr nabisco rjr offsetting gains charges rjr nabisco inc quarter results will include tax gain mln dlrs sale heublein inc and offsetting charges company operations performing and line expectations rjr nabisco charges reflect reserves established cover expenses rjr nabisco expenses covered tax basis include mln dlrs for write redundant equipment and facilities resulting modernization tobacco operations mln dlrs for continuing restruction food subsidiaries and mln dlrs connection early retirement high coupon debt reuter 
earn	baybanks inc bbnk qtr net oper shr dlrs cts oper shr diluted dlrs cts oper net mln mln avg shrs mln mln avg shrs mln mln note net excludes gain dlrs cumulative effect change calculating depreciation expense reuter 
money-fx	france balladur target zone notion nearer french finance minister edouard balladur that financial community closer arriving system target zones for currencies despite fact that speaking reporters semiannual meetings international monetary fund balladur not notion target zones even don told reporters that ideas progressing adding that finance ministers talking cooperation economic policies and levels currencies stabilize reuter 
earn	student loan marketing association slm qtr shr cts cts net mln mln assets billion billion reuter 
acq	industries jpi confirms proposal industries inc confirmed announcement clevite industries inc clev that industries submitted proposal clevite for acquisition company dlrs per share cash john psarouthakis chairman and president industries that company hopes promptly negotiate agreement special committee clevite board february industries purchased clevite engine parts division industries not aware reason for activity stock reuter 
earn	meditrust mtrus raises quarterly qtly div cts cts prior pay record april reuter 
earn	monsanto mtc unit sees operating loss monsanto corp searle and unit will report operating loss for due expenses for research and development searle chairman sheldon gilgore searle operating loss will mln dlr operating loss searle quarter sales will pct mln dlrs mln dlrs year ago quarter searle sales mln dlrs gilgore company intends sales billion dlrs mid company anticipates approval japan italy spain and for ulcer treatment drug cytotech that paper not published drug shown prevent flare ulcers for longer period time tagamet made smithkline beckman corp skb drugs searle pipeline include tissue plasminogen activator tpa made process genentech gene tpa expected approved for marketing this year reuter 
earn	status game corp stgm qtr feb net oper shr six cts oper net revs avg shrs mths oper shr cts cts oper net revs avg shrs note share adjusted for pct stock dividend december prior year net excludes tax credits dlrs quarter and dlrs mths net excludes discontinued amusement game operations gains dlrs dlrs quarter and loss dlrs gain dlrs mths reuter 
earn	universal foods corp ufc votes dividend qtly div cts cts prior qtr pay record april reuter 
earn	betz laboratories inc betz sets quarterly qtly div cts cts prior pay record april reuter 
earn	northwestern national life nwnl ups payout qtly div cts cts prior pay record april note northwestern national life insurance reuter 
acq	foothill fgi sierrita standstill accord foothill group inc reached standstill agreement santa cruz resources inc and parent sierrita resources inc that bars companies acquiring pct interest foothill business combination approved foothill board company santa cruz advised that owns pct foothill outstanding common stock addition santa cruz and sierrita agreed vote shares accordance instructions foothill board connection business combinations and anti takeover matters foothill foothill arrangement bars santa cruz and sierrita fron tendering foothill securities owned into tender offer unspecified conditions met reuter 
earn	federal michigan ffom qtr net shr dlrs dlrs net avg shrs mln mln reuter 
acq	colonial bancgroup clbga makes acquisition colonial bancgroup signed letter intent acquire community bank and trust hartselle ala assets mln dlrs for undisclosed terms subject approval regulatory authorities and community bank shareholders completion expected year reuter 
earn	fab industries inc fit qtr feb net shr cts cts net revs mln mln reuter 
earn	northern trust corp ntrs qtr net shr cts cts net mln mln assets billion billion loans billion billion deposits billion billion reuter 
earn	home savings bank hmsb qtr net shr cts not net note company public november net includes loan loss provisions dlrs dlrs and gains sale securities dlrs dlrs pretax net includes tax credit dlrs net includes dlr gain tax credit resulting reduction goodwill reuter 
earn	amoskeag bank shares inc amkg qtr net shr cts cts net note net includes pretax securities sales gains dlrs dlrs reuter 
earn	msr exploration msr year loss shr loss cts profit cts net loss profit revs note canadian dollars proved oil reserves year end mln barrels pct year earlier and natural gas reserves billion cubic feet pct reuter 
earn	southmark offer special dividend southmark corp will issue shareholders special dividend acquire shares american realty trust arb for each shares southmark each entitles holder buy share beneficial interest american realty trust price dlrs per share southmark southmark offer record date dividend date april adding that will issue rights shareholders and offer will expire southmark received rights april holder pct american realty trust outstanding shares holders fewer southmark shares receive rights acquire fewer american realty shares will paid cash lieu rights distribution company southmark will compute cash price paid based average closing market price rights american stock exchange for ten days rights traded beginning april order dividend for rights southmark shareholder common stock dividend date april company that southmark common stock will traded rights basis reuter 
acq	taft broadcasting tfb completes station sale tvx broadcast group inc tvxg completed previously announced purchase taft television stations last week tvx sale scheduled close had delayed taft purchase price mln dlrs previously announced price subject final adjustments taft taft not size gain post sale stations wtaf philadelphia wdca washington wcix miami ktxa dallas and ktxh houston reuter 
earn	interstate expects brazil ecuador loan actions cut net mln dlrs 
earn	midlantic corp midl qtr net shr diluted dlrs dlrs net mln mln assets billion billion deposits billion billion loans billion billion note results restated for merger midlantic banks inc and continental bancorp inc january reuter 
earn	community bank system inc cbsi qtr net shr cts cts net note share adjusted for two for stock split reuter 
earn	fitchburg gas fge raises quarterly qtly div cts cts prior pay record reuter 
earn	northern trust ntrs net hurt brazil loans northern trust corp quarter earnings reduced dlrs placing mln dlrs loans brazil and six mln dlrs loans ecuador cash basis loans remain nonperforming basis for rest net income for year will cut mln dlrs bank earlier posted net income for period mln dlrs cts share mln dlrs cts share total nonperforming assets mln dlrs march mln dlrs december and mln dlrs march bank provision for loan losses for quarter mln dlrs compared mln year ago net loan charge offs six mln dlrs mln dlrs year ago reserve for loan losses mln dlrs two pct outstanding loans higher mln dlrs pct loans outstanding march reuter 
earn	sulpetro qtr jan loss shr not net loss loss revs mln mln note previous loss restated reuter 
earn	western federal savings bank wfpr qtr net shr cts cts net note share adjusted for pct stock dividend july company based mayaguez puerto rico reuter 
earn	final test inc fnlt qtr loss shr loss six cts loss cts net loss loss revs year shr profit six cts loss dlrs net profit loss revs reuter 
acq	protective life prot acquisition protective life corp signed letter intent assume liberty life insurance group insurance july subject regulatory approvals terms not disclosed reuter 
earn	smith corp smc sets quarterlies qtly divs class and cts cts pay record april reuter 
earn	central bancorp inc cban qtr net shr dlrs cts net mln mln note net includes gain dlrs termination pension plan results restated for pooled acquisitions and share adjusted for stock dividends reuter 
acq	emcor completes sale stock investors emcore completed sale mln dlrs stock citicorp venture capital concord ventures dillon read and and private investors reuter 
earn	vlsi technology inc vlsi qtr net shr cts six cts net revs mln mln avg shrs reuter 
earn	silicon systems inc slcn qtr march shr profit cts profit two cts net profit profit revs mln mln six mths shr profit cts loss cts net profit loss revs mln mln reuter 
earn	shawmut corp shas qtr net shr dlrs dlrs net mln mln avg shrs mln mln assets billion billion deposits billion billion loans billion pct note results restated for pooled acquisitions shawmut home bank and fidelity trust and include gibraltar mortgage corp december purchase loan loss provision dlrs dlrs reuter 
earn	minntech mntx sees quarter loss minntech corp expects report loss for fiscal quarter end june due start costs related membrane oxygenator and water filtration products revenues and earnings consistently increase remainder year president louis cosentino told analysts reuter 
interest	canada day bills average pct making bank rate pct 
earn	republic savings and loan rsla qtr net shr cts not net mths net note company converted stock ownership effective august periods end march and reuter 
earn	southmark issue american realty rights southmark corp shareholders will issued special dividend rights acquire shares american realty trust arb for each shares southmark owned record date for southmark shareholders receive rights will dividend date april southmark received rights april six holder pct american realty trust outstanding shares reuter 
acq	wall street stocks ual inc ual takeover speculation continues fuel heavy trading ual inc traders ual rose volume two mln shares trading upward movement earlier session traders rumors began yesterday added speculation that company target takeover believed coniston partners and pritzker family chicago buying stock coniston declined comment and pritzkers had comment traders speculation bidder and that real estate developer donald trump holds stake ual participate takeover bid ual pilots willing pay billion dlrs includes debt for company united airlines unit reuter 
interest	canadian bank rate rises week canada key bank rate rose pct pct week bank canada bank rate set percentage point average yield weekly issue day treasury bills this week yield pct compared previous week pct tenders accepted for billion dlrs day bills average price dlrs dlrs last week billion dlrs day bills priced average dlrs dlrs last week yield average pct versus pct last week mln dlrs day bills priced average dlrs dlrs last week yield average pct versus pct last week tenders will received week for billion dlrs day bills billion dlrs day bills and mln dlrs day bills reuter 
earn	slater electric inc slat qtr feb net shr cts cts net sales mln reuter 
earn	south jersey industries inc sji qtr net oper shr dlrs dlrs oper net revs not mths oper shr dlrs dlrs oper net mln note net income including discontinued operation and periods dlr gain change accounting for results restated dlrs dlrs quarter and mln dlrs mln dlrs reuter 
earn	city national corp ctyn qtr net shr cts cts net loans billion billion deposits billion billion assets billion billion reuter 
earn	allied bankshares inc abga qtr net shr cts cts net note qtr includes tax gain dlrs cts per share reuter 
earn	bank system inc fbs qtr net shr cts cts net mln mln assets billion billion loans billion billion reuter 
earn	centerre bancorp ctbc qtr net shr cts dlrs net loans billion billion deposits billion billion assets billion billion reuter 
earn	sea galley stores inc seag qtr net oper shr cts oper net revs mln mln note current qtr figures exclude operating loss carryforward gain dlrs two cts per share gain dlrs per share reuter 
trade	canada trade rise start recovery canada trade picture brightened considerably underscoring economists predictions sector post long awaited recovery this year federal government reported today that monthly surplus soared billion canadian dlrs february double january mln dlrs surplus and sharply higher february mln dlr tally hopefully beginning trend richardson greenshields canada economist susan clark toronto economists generally don expect such large gains months for upward trend year thought trade balance improve year and this morning figure indicative that commented economist james donegan toronto securities firm midland doherty statistics canada reported surplus driven pct gain automobile product exports record billion dls month recovery automotive sector helped push exports pct february agency monthly report total exports expanded billion dlrs billion dlrs february imports slipped billion dlrs billion dlrs economists predicted trade surplus end billion dlrs higher last year dismal billion dlr total surplus billion dlrs money market analysts positive trade news touched modest rally canadian dollar rose cts north american markets early this morning closing cts wednesday currency hovering cts early afternoon trading economists banking improved trade performance this year stimulate sluggish canadian economy money market analysts positive trade news touched modest rally canadian dollar rose cts north american markets early this morning closing cts wednesday currency hovering cts early afternoon trading economists banking improved trade performance this year stimulate sluggish canadian economy country consumers spending torrid pace recent years will sharply curtail outlays this year and this curtail flow imports into country meanwhile demand for canadian exports united states country largest market expected strong result projected rise american consumer spending and relatively low canadian currency maintain drive canada export performance income growth midland donegan bank nova scotia deputy chief economist warren jestin optimistic outlook and mistake read into february trade upturn jestin fact economy showing signs weakening car sales that part strength canada trade figures transitory reuter 
earn	bank fbs sees loss brazilian loans bank systems inc reporting higher quarter net that interest not paid mln dlrs brazilian loans and mln dlrs ecuadorian loans for rest profits for entire year will cut mln dlrs banking firm performing status loans cut quarter net mln dlrs earlier reported quarter profits mln dlrs cts share mln dlrs cts share year ago period nonaccrual loans restructured loans and real estate mln dlrs pct total assets compared mln dlrs pct assets end and mln pct assets march provision for loan losses quarter mln dlrs compared mln quarter special addition reserve mln dlrs net charge offs mln compared mln dlrs year earlier reuter 
grain	usda estimates ussr grain imports mln tonnes march year ago 
grain	usda estimates soviet grain crop mln tonnes march year ago 
earn	vornado inc vno qtr jan net oper shr dlrs cts oper net revs mln mln avg shrs year oper shr dlrs dlrs oper net mln mln revs mln mln avg shrs note operating net excludes gains nothing dlrs cts share quarter and dlrs cts share dlrs dlrs share year tax loss carryforwards reuter 
earn	union corp qtr shr cts cts 
acq	clevite clev amends rights plan clevite industries inc earlier received mln dlr takeover offer industries inc jpi amended shareholder rights plan that provisions plan cannot occur board determines that interests company and stockholders plan adopted december permits clevite issue shares half price existing stockholders and stockholders buy shares unfriendly bidder half price clevite amendments board effectively mean that called flip and flip provisions rights plan can triggered affirmative board approval company acted inview proposed acquisition and debt restrictions block ability redeem rights reuter 
earn	stop and shop cos for split hikes dividend 
earn	stop and shop cos shp two for split stop and shop cos inc board voted two for stock split payable july stockholders record raising quarterly cash dividend pct cts per share cts per share prior result split number outstanding shares will increase mln mln company dividend payable july shareholders record reuter 
acq	national beverage acquire faygo beverages national beverage corp agreed acquire faygo beverages inc for undisclosed amount cash faygo revenues excess mln dlrs national beverage reuter 
earn	audio video affiliates ava qtr jan net shr cts cts net revs mln mln avg shrs mln mln mths shr cts cts net revs mln mln avg shrs mln mln note full name company audio video affiliates inc reuter 
acq	fluorocarbon fcbn buys eaton etn division fluorocarbon signed definitive agreement acquire eaton corp industrial polymer division for undisclosed price polymer division based aurora ohio had sales mln dlrs fluorocarbon reuter 
earn	union corp func qtr net shr cts cts net mln mln note current qtr includes gain cts shr sale securities year ago restated reuter 
earn	financial news network inc fnni qtr net qtr ended february shr six cts cts net rev mln mln avg shares six months shr cts cts net rev mln mln avg shares reuter 
earn	colonial bankshares corp fcola qtr shr cts cts net avg shrs reuter 
acq	hawaiian electric buy hawaiian insurance hawaiian electric industries entered letter intent buy hawaiian insurance companies transaction subject definitive agreement and government and board approvals hawaiian insurance companies assets end mln dlrs and earned premiums mln dlrs hawaiian electric plans operate comapny employees current management reuter 
acq	disney family makes bid for holly sugar hly roy disney family disclosed filing securities and exchange commission that made bid acquire holly sugar corp for package cash and securities shamrock holdings california inc disney family company submitted bid april salomon brothers inc holly sugar investment banker offer for dlrs cash securities face dlrs and contingent payment certificate that pay dlrs year period for each share holly sugar outstanding disney family holds holly sugar shares pct total outstanding purchases shares march april shamrock told sec shamrock had asked for information holly sugar financial condition had turned offer subject discussions once had opportunity complete due diligence evaluation company including inspections facilities and meetings key management personnel prepared negotiate aspects proposal including price april letter reuter 
earn	universal health realty uht qtr net shr cts nil net nil rev mln nil note company full name universal health realty income trust quarter company full quarter earnings reuter 
earn	frost and sullivan inc frsl increases payout semi annual div cts six cts prior pay june record reuter 
acq	cmco makes acquisition acquired for mln dlrs principal assets national tech industries inc and telkon corp companies engaged servicing sales and telemarketing consumer electronic merchandise reuter 
earn	rai research corp rac qtr feb shr cts cts net revs mln mln months shr cts cts net revs mln mln note net includes loss months discontinued and gain dlrs qtr reuter 
acq	centel cnt completes acquisition centel corp completed acquisition welbac cable television corp serves cable television subscribers east central michigan terms not disclosed addition welbac customers centel cable television michigan serves customers centel customers states reuter 
earn	james river corp sets regular payout qtrly div cts cts prior pay april record april reuter 
earn	departments inc tdd sets payout class qtly div cts cts prior class qtly div cts cts prior pay record april reuter 
earn	adams express adx march assets shr dlrs dlrs assets mln mln shrs mln mln note lastest assets capital gain distributions cts share february and dlrs share december reuter 
earn	petroleum and resources corp peo march shr dlrs dlrs assets mln mln shrs note latest assets capital gain distributions cts share february and cts share december and stated dlr convertible preferred stock outstanding reuter 
acq	international american home acquire cos international american homes inc entered into conditional contract acquire maione hirschberg cos inc and affiliated entitles for mln dlrs international american stock halted nasdaq earlier purchase price payable mln dlrs cash and balance common shares selling shareholders earn additional amount maximum mln dlrs payable cash based future performance companies acquired years ending march international acquisition subject conditions such satisfactory results due diligence investigations company reuter 
earn	sony chairman forecasts lower profits this year sony corp sne chairman akio morita sony profits sharply result dollar decline sony corp posted net consolidated income billion yen million dollars pct billion yen million dollars morita added that japan benefit strong yen saving energy import bill and expected profits recover onwards speaking reporters sony factory opening reuter 
grain	coarse grain supply demand country usda agriculture department detailed world supply demand data for major importers and exporters coarse grains country follows mln tonnes ussr coarse grain start stcks production imports domes use exports nil nil nil nil end stocks not coarse grain mln tonnes start stcks production imports dom use exports end stocks eastern europe coarse grain mln tonnes start stcks production imports dom use exports end stocks japan coarse grain mln tonnes start stcks production imports dom use exports nil nil nil nil end stocks argentina coarse grain mln tonnes start stcks production imports nil nil nil domes use exports end stocks canada coarse grain mln tonnes start stcks production imports dom use exports end stocks thailand coarse grains mln tonnes start stcks production imports nil nil nil nil domes use exports end stocks reuter 
acq	winn enterprises wnn unit sells dairy winn enterprises knudsen foods inc entered agreement sell hawaiian dairy operations foremost foods inc for mln dlrs cash company purchase price subject adjustment and entire transaction subject approval bankruptcy court for central district california reuter 
acq	national beverage acquire faygo national beverage corp agreed acquire privately held faygo beverages inc for undisclosed amount cash company detroit based faygo soft drink maker annual revenues mln dlrs national beverage privately held owns and bottles shasta beverages spree natural beverages and private label brands bottling facilities united states reuter 
earn	james river corp sets regular dividend qtly div cts cts prior pay april record april reuter 
earn	newhall investment properties nip payout shr cts cts prior qtr pay june record april reuter 
earn	newhall resources qtly distribution shr cts cts prior qtr pay june record april reuter 
earn	westinghouse electric corp qtr shr dlrs cts 
crude	oil dependency rising record level united states dependency foreign oil sources reach record levels mid john lichtblau president petroleum industry research associates lichtblau speaking alternative energy conference depend foreign suppliers for pct oil surpasssing previous high level pct long term growth dependency foreign oil inevitable lichtblau pct oil imports come opec nations lichtblau depended foreign suppliers for pct oil and predicted that increase pct rate this growth can affected positively negatively government action inaction lichtblau that government negative actions maintenance windfall profits tax acts disincentive developing existing fields and reduces cash flow for oil exploration lichtblau called for adoption international floor price for crude oil stabilize world oil prices international floor price adopted industrial countries effective measure and distortive for imposed alone lichtblau development alternate energy sources such synthetic fuels increased development alaska lessen dependency foreign oil lichtblau potential for alternative supplies limit willingness opec nations raise oil prices lichtblau called for federal government offer tax abatements for oil drilling fill strategic petroleum reserve faster rate and develop pilot plans for alternative energy reuter 
earn	westinghouse electric corp qtr net shr primary dlrs cts shr dilulted dlrs cts net mln mln revs billion billion avg shrs mln mln reuter 
acq	fundamental brokers buys part mki brokers fundamental brokers institutional associates leading inter dealer broker government securities agreed acquire assets mki government brokers inc for undisclosed terms acquisition documents signed and held escrow pending receipt consents conjunction sale assets mki ceased brokering treasury bills notes and bonds fundamental industry sources told reuters yesterday that fundamental close acquiring government securities brokerage division mki major broker corporate bonds fundamental intends use facilities used mki provide block brokering service active treasury issues separating execution wholesale trades heavy volume smaller lots large scale transactions will facilitated company system expected substantially enhance liquidity and effiency markets fundamental wholesale brokering service will begin april reuter 
earn	newhall investment nip sets special payout newhall investment properties declared special distribution cts per share payable june unitholders record april reuter 
acq	national heritage nher buys management firm national heritage inc acquired assets chartham management corp salem ore terms not disclosed assets acquired will used form divisional office serving northwest nursing home operator newly acquired salem operation management responsibility for beds nursing homes states southmark corp owns pct national heritage recently agreed acquire facilities national manager nursing home properties owned southmark reuter 
acq	ohio mattress omt buys sealy michigan ohio mattress that ohio sealy mattress manufacturing unit completed previously announced acquisition sealy mattress michigan inc addition company sealy inc owns pct redeemed outstanding sealy stock held michigan sealy increasing company stake sealy pct reuter 
crude	land llx pont exploration tracts louisiana land and exploration pont conoco inc subsidiary and oranje nassau energie offered exploration blocks offshore netherlands louisiana land blocks and offered group conoco pct interest louisiana land pct and orange nassau pct this group consortium headed pennzoil pzl offered block offers result applications submitted ministry economic affairs for netherlands sixth offshore licensing round louisiana land conoco group intends provide formal acceptance blocks plans start exploration this year company two blocks immediately offset offshore blocks hydrocarbons found commercial quantities reuter 
earn	patient pti debt restructuring patient technology inc retained investment banking firm alternatives restructuring long term debt including exchange offer for mln dlrs outstanding convertible debentures april began consolidating sales marketing and manufacturing operations consolidation expected complete june and company focusing restructuring balance sheet company quarter will adversely affected consolidation effort for year ago quarter company reported profit dlrs mln dlrs company that second quarter will transitional period and that earnings growth will resume second half for year ended december patient reported net loss mln dlrs sales mln dlrs due write offs discontinued operations and temporary backlog orders reuter 
acq	napco npco management cannot raise funding napco international inc suspended plan sell international business group that business top managers group failed obtain satisfactory financing company intends pursue corporate direction and exploring acquisition alternatives reuter 
earn	banks mid america inc boma qtr net shr loss cts loss cts net profit loss assets billion billion deposits billion billion loans billion billion note shr data payment preferred dividends reuter 
acq	mcdonnell douglas buys computer firm mcdonnell douglas corp acquired frampton computer services british software company that isis terms acquisition not disclosed based bristol england isis employs workers and annual revenues mln dlrs mcdonnell douglas company added that isis will operate part mcdonnell douglas information systems international reuter 
earn	westinghouse electric optimistic for year westinghouse electric corp chairman douglas danforth encouraged quarter results for fiscal and company positioned capitalize economy modest growth for rest year encouraged continuing improvement earnings danworth quarter met expectations westinghouse recorded net income for quarter mln dlrs dlrs per share revenues billion dlrs danworth attributed results increase operating profit energy and advanced technology industries and commerical segments reuter 
earn	bsd bancorp bsd qtr net shr cts cts net loans mln mln deposits mln mln assets mln mln reuter 
earn	gateway communications inc gway qtr net shr cts six cts net revs reuter 
earn	baker communications inc bakr year loss shr loss cts loss cts net loss loss revs reuter 
earn	eastover corp easts qtr net shr cts cts net revs year shr dlrs dlrs net rev note net includes state tax credit for qtr and year net includes gains sale real estate for qtr and for year reuter 
acq	bevis bevi receives takeover inquiries bevis industries inc seeking acquired recently received inquiries purchase company company not identify parties that made inquiries had referred investment bankers tucker anthony and day inc for study march company engaged tucker anthony seek purchasers operating units greenville tube corp and pneumatics inc reuter 
acq	jacor jcor buy two denver radio stations jacor communications inc agreed buy two denver radio stations belo corp blc for mln dlrs cash and notes jacor two stations koa and koaq acquisitions approved federal communications commission jacor added reuter 
acq	polycast ptcc reduces spartech sptn stake polycast technology corp told securities and exchange commission sold spartech corp common shares reducing stake spartech shares pct total outstanding polycast made sales april counter market gave reason for sales reuter 
acq	hospital corp received dlr share offer investor group 
earn	beverly enterprises bev sets regular dividend qtly div cts cts prior pay july record june reuter 
money-fx	treasury baker floating exchange rate system greater stability 
crude	crude oil netbacks sharply europe crude oil netback values complex refineries rose sharply europe and firmed last friday previous week fell sharply singapore calculations reuters pipeline firmer tone refining margins europe and relected higher prices for petroleum products gasoline and support crude oil prices netback values for crude oil refined northern europe rose substantially strong gains gasoline prices brent valued dlrs cts barrel pct previous week gulf sweet crudes rose cts dlrs for west texas intermediate pct sour grades gulf showed increase cts barrel for alaska north slope pct netbacks for crude oil refined singapore fell sharply cts cts barrel ample distillate supplies weighed petroleum product prices attaka singapore valued dlrs decline cts barrel pct previous week for refineries mediterranean netback values lower declines cts kuwait crude fell cts dlrs iranian light fell cts dlrs west coast netback values for ans cif jumped sharply cts barrel pct dlrs higher gasoline prices reuter 
money-fx	treasury baker system stability treasury secretary james baker floating exchange rate system not effective had hoped promoting stability and preventing imbalances emerging global economy remarks afternoon session international monetary fund interim committee baker not suggesting that system abandoned suggest that give stability and headed direction wind shifts that indicators can serve kind compass added that structural indicators can focus attention policies baker imf move macroeconomic indicators and find structural indicators that can focus attention policies specific relevance imbalances face today treasury secretary that indicators prominent role annual economic reviews article consultations that fund performs baker told policy making group that time for imf adopt earlier recommendations making imf surveillance relevant national policymakers and public urge increased publicity for imf appraisals developed article consultations use follow reports country actions implement imf recommendations and greater use special consultation procedures baker emphasized that indicators device for moving rhetoric action provide structure system and induce discipline and peer pressure into process policy coordination fund procedures for surveillance reviewed and updated reflect use indicators this matter priority for executive board baker urged fund develop alternative medium term economic scenarios for countries that can focus even important imbalances identifying options for addressing and analyzing implications options that work finding paths that lead medium term objectives effective remedial action significant deviations intended definitive ways indentifying for key variables reuter 
earn	trustcorp inc ttco qtr net shr cts cts net assets billion billion note shr and net data accounting change announced added cts share year ago qtr results reuter 
earn	napa valley bancorp nvbc qtr net shr cts cts net reuter 
earn	international power machines pwr qtr loss shr loss cts loss cts net loss loss revs year shr loss cts loss dlrs net loss loss revs mln mln note net includes adjustment inventory valuations and cost reduction expenses full name international power machines corp reuter 
acq	great american mgmt gami atcor atco stake great american management and investment inc told securities and exchange commission acquired pct stake atcor inc great american bought stake for investment added that considered not decided buy additional atcor shares open market private transactions tender offer great american paid mln dlrs for atcor shares recent purchases included shares bought march april reuter 
earn	rai research corp rac qtr feb net oper shr cts oper net revs mths oper shr cts cts oper net revs note oper excludes gain discontinued operations for year ago qtr and loss discontinued operations for year ago mths reuter 
earn	moore mcl sees substantial profit gain moore corp expects profits continuing operations will exceed results and recover levels company earned mln dlrs dlrs share president keith goodrich substantial increase earnings continuing operations told reporters annual meeting expected profits recover last year lost ground and reach results profits continuing operations slumped mln dlrs dlrs share total excluded losses mln dlrs discontinued operations goodrich moore actively for acquisitions related core areas business forms manufacturing handling large acquisition asked company raise billion dlrs for this purpose chairman judson sinclair answering shareholder question told annual meeting that special resolution passed shareholders create class preferred shares moore move quickly decided pursue acquisition make major acquisition means can move expediency sinclair asked resolution designed give moore protection hostile takeover sinclair threat corporation this time reuter 
acq	firm pct decision capital fund dcf gabelli group inc and two subsidiaries held total decision capital fund inc shares pct total outstanding shares held behalf investment clients and had intention seeking control fund gabelli recent purchases decision capital fund stock included shares bought april philadelphia stock exchange gabelli investment firm headquartered york city gabelli and subsidiary brokerage firm reuter 
acq	partnership buys ipco ihs stake pct york investment partnership told securities and exchange commission bought pct stake ipco corp common stock partnership acquired ipco shares paying mln dlrs believed securities attractive investment opportunity planned regularly review investment and future recommend business strategies extraordinary corporate transaction such merger reorganization liquidation asset sale partnership controlled marcus schloss and inc york brokerage firm and prime medical products inc greenwood medical supplies firm reuter 
earn	delmed inc dmd year loss oper shr loss cts loss dlrs oper net loss loss mln revs mln mln avg shrs mln mln note oper excludes loss provision for discontinued operations mln and loss conversion debt gain oper excludes loss pension plan liquidation and loss discontinued operations reuter 
acq	cadillac fairview received acquisition proposals 
acq	cadillac fairview received takeover bids cadillac fairview corp received proposals acquire company announcement last august that had retained investment dealers solicit offers for outstanding common shares cadillac fairview offers subject clarification and negotiation and offered details reuter 
acq	winterhalter wntlc holders takeover winterhalter inc shareholders approved dlr acquisition winterhalter interface systems inc intf acquisition for cts per winterhalter share reuter 
earn	american eagle petroleums year loss shr loss cts profit cts net loss profit revs mln mln reuter 
trade	chilean trade surplus narrows slightly february chile trade surplus narrowed mln dlrs february mln dlrs month last year mln dlr surplus recorded january central bank exports february totalled mln dlrs pct january figure imports fell pct previous month mln dlrs figures for month last year mln and mln dlrs accumulated trade surplus two months stands mln dlrs mln dlrs previous year reuter 
earn	valex petroleum inc valp year dec shr loss six cts loss cts net loss loss mln revs mln mln note net includes mln dlrs writedowns and tax benefit reuter 
interest	average yen rates fall latest week average interest rates yen certificates deposit fell pct week ended april pct previous week bank japan rates previous brackets average rates banks pct money market certificate mmc ceiling rates for week starting april pct average rates city trust and long term banks days pct days pct average rates city trust and long term banks days pct days pct days unquoted days pct days pct unqtd average yen bankers acceptance rates city trust and long term banks days pct days pct days unquoted unqtd reuter 
interest	japan plans cut discount rate bank japan sources bank plans cut discount rate told reporters that pressure japan group meeting yesterday lower discount rate added that not feel for cut chancellor exchequer nigel lawson told reporters earlier today that countries strong currencies cut interest rates bank japan sources that call pact failure central bank sources commenting dollar renewed tumble york and tokyo sparked remarks treasury secretary james baker that dollar fall had orderly market misinterpreted baker comments referring dollar fall since plaza agreement september long time span not currency recent movements added that foreign exchange markest seize use excuse drive dollar bank japan sources putting weight dollar yen rate terms judging market stability currencies meeting japan pointed dangers that arise dollar fall reduce flow japanese capital hurting and world economies february and march this year japanese investors reduced purchases treasury bonds sources each country britain canada france italy japan and west germany view currency stability bank japan sources this foreign exchange market triangle dollar yen european currencies yen and dollar european currencies time louvre agreement european countries not want yen weaken currencies not object yen strengthening reuter 
ship	australian unions and nsw government reach deal union and south wales government officials reached compromise dispute workers compensation averting increased industrial action state union sources unions including building and mining workers dissatisfied deal and continue strikes for days state officials government had agreed revise proposals cut compensation and slightly higher cash benefits for injured workers original proposal sparked strikes and industrial action state april workers compensation cut full details compromise package not labour council affiliated australian council trade unions actu had threatened paralyse south wales government modified pending legislation issue state officials sectors affected past days government building projects railway freight movement and cargo handling sydney ports reuter 
crude	ecuador crude oil output resume month ecuador due resume limited crude oil output pipeline neighbouring colombia finished energy ministry spokesman oil output halted march earthquake damaged main pipeline linking jungle oilfields lago agrio ecuadorean port balao pacific link capable carrying barrels per day bpd built ecuador pumped bpd earthquake link will connect lago agrio puerto colon colombia starting point columbia pipeline pacific ocean port temuco government estimates will months repair lago agrio balao pipeline and return output normal levels spokesman reuter 
earn	mobil australia reports mln dlr loss wholly owned mobil corp mob unit mobil oil australia reported mln dlr net loss turnaround mln profit loss reflected combination strikes scheduled and unscheduled refinery shutdowns for maintenance and inventory losses caused government controls crude and product prices mobil statement equity accounting associates profits reduced loss mln dlrs mln profit mobil confident return profit built company restructuring reuter 
trade	japan warns retaliate trade dispute japan warned united states retaliatory measures united states imposes planned trade sanctions april senior government official shinji fukukawa vice minister international trade and industry ministry statement japan measures general agreement tariffs and trade and actions united states imposes pct tariffs japanese exports planned week fukukawa japan ready continue trade talks united states despite failure convince america call threatened tariffs two days emergency talks ended washington yesterday last month president reagan announced sanctions retaliation for called japan failure honour july agreement stop dumping computer microchips markets united states and open home market american goods fukukawa united states had regrettably not listened japan explanation efforts live pact and washington had not detailed explanation planned impose tariffs reuter 
acq	kuwait increases stake sime darby kuwait investment office kio increased stake sime darby bhd mln shares representing pct sime darby paid capital mln shares malayan banking bhd mbkm since last november kio aggressively open market buying shares sime darby major corporation interests insurance property development plantations and manufacturing shares will registered name malayan banking subsidiary mayban nominees sdn bhd kio beneficial owner reuter 
trade	taiwan announces round import tariff cuts taiwan announced plans for another round import tariff cuts foreign goods shortly trade talks washington officials described move balance trade united states wang der hwa deputy director finance ministry customs administration department told reporters list products included items asked washington move part government efforts encourage imports trading partners united states ministry proposal today cabinet that tariffs such products cosmetics bicycles apples radios garments soybeans and television sets cut and pct cabinet expected give approval thursday and tariff cuts implemented possibly starting april added taiwan introduced sweeping tariff cut foreign products last january aimed helping reduce growing trade surplus united states island largest trading partner washington not satisfied cuts and pressed for reductions cutting huge trade deficit taipei washington deficit taipei rose record billion dlrs last year billion widened billion quarter billion year earlier taiwan official figures show today announcement departure today member taiwan delegation for washington for series trade talks officials delegation leader vincent siew told reporters last night leaving heavy heart meaning that face tough talks washington rising protectionist sentiments congress taiwan trade surplus washington largest japan and canada siew talks starting april cover calls for taiwan open market american products purchases major machinery and power plant equipment import tariff cuts and protection intellectual property afraid this time give talks elaborating reuter 
trade	british minister warned tokyo sanctions british minister had japanese government clear warning sanctions japanese companies tokyo not access internal markets and understood corporate affairs minister michael howard return visit japan thought japanese beginning fair and open access markets airport news conference howard denied opposition charges that trip had failure had returned empty handed set deliver clear message japanese government and delivered and understood howard that financial services act govenment had considerable flexibility taking sanctions japanese companies and finance houses operating britain not simply question withdrawing refusing operating licences can ban firms countries carrying kinds business allowing carry kinds hope don use powers made clear japan that timetable isn met use unfortunate britain and japan involved tit for tat exchange adding that japan gained open trading relationship beginning that this relationship continue important for fair and open access markets question british firm cable and wireless plc cawl win significant share telecommunications contracts japan howard had told japanese this widely regarded test case signs movement case cable and wireless due part talks japan tuesday earlier this week british prime minister margaret thatcher britain not alone sanctions japan coordinate action european community partners community sources meeting trade officials yesterday that group impose steep tariffs range japanese goods prevent diversion united states markets washington imposes trade sanctions tokyo threatened reuter 
interest	yield rises day sama deposits yield day bankers security deposit accounts issued this week saudi arabian monetary agency sama rose point pct week ago bankers sama decreased offer price mln riyal issue last saturday dated interbank deposits quoted today pct point higher last saturday sama offers total billion riyals and day paper banks kingdom each week reuter 
earn	texaco sees business hit bankruptcy move texaco inc decision file for protection chapter bankruptcy code will not affect majority businesses subsidiaries account for pct billion dlrs revenues and pct net property plant and equipment free action parent holding company texaco inc and operating subsidiaries texaco capital inc and texaco capital affected company likely suspend cents per share quarterly common stock dividend and halt repayments debts billion dlrs texaco filed for chaper suppliers demanding cash payments and banks withholding loans result legal dispute pennzoil pzl texaco fighting texas law requiring post bond billion dlrs can appeal judgment that ruled illegally interfered pennzoil acquisition getty petroleum corp gty bond almost matches damages awarded texaco texaco fail place bond pennzoil begin attach assets secure judgment last monday supreme court overturned decision cut texaco bond billion dlrs and issue back texas courts analysts bankruptcy filing effectively froze texaco obligations continued appeal merits pennzoil lawsuit attempts last week win compromise bond issue and larger dispute failed james kinnear texaco president and chief executive officer told reporters kinnear pennzoil disclosure court papers friday that wanted extend bond issue hearing end april pushed texaco chapter pennzoil had asked texaco post billion dlr cash bond and reduce dividend not pct earnings pennzoil wanted assurances that texaco not sell assets kinnear texaco offered put billion dlrs letter credit and agreed not assets fall billion dlrs added joseph jamail houston attorney for pennzoil company had made latest settlement offer texaco saturday and surprise texaco filed for bankruptcy declined reveal amount proposal citing confidentiality agreement two companies texaco told back chose bankruptcy court jamail attorneys for pennzoil believed company prevail court appeals adding that texaco assets ample ultimately pay pennzoil judgment full reuter 
acq	western mining sells acm stake western mining corp holdings wmng wmc sold entire holding mln shares gold mining company australian consolidated minerals acm wmc gave details stockbrokers sale made dlrs share friday number european and australian investors wmc usual brokers company purchased pct parcel early march amax inc amx dlrs share ahead for bonus issue amax sold entire pct stake acm number local companies reuter 
earn	anz bank sets for two bonus issue australia and zealand banking group anza will make for two bonus issue asset revaluation reserve shareholders registered june proposed bonus and increase authorised capital billion dlr par shares mln will put shareholders for approval extraordinary general meeting anz statement issue will absorb mln dlrs mln standing asset revaluation reserve bank that lowering dividend rate expects maintain dividend payout enlarged capital level last full year ended september group paid cents share and mln dlrs for that year shareholders will asked approve bank articles association offer shares lieu interim dividend discount pct market price group latest announce tax free bonus issue ahead dividend imputation effective july reuter 
interest	uae central bank yields rise yields certificates deposit offered united arab emirates central bank higher last monday offering bank month rose point pct two and six month maturities rose point each and pct reuter 
trade	singapore external trade gains pct quarter singapore external trade grew pct quarter pct decline period last year and two pct growth previous quarter trade development board exports period rose pct billion dlrs and imports pct billion for trade deficit billion billion deficit period and billion deficit previously growth attributed strength oil trade computers and computer parts electronic components and garments reuter 
trade	malaysia manufacturing exports rise pct malaysia manufacturing exports rose pct billion ringgit chairman export promotion council ahmad sarji abdul hamind improved export performance led electrical and electronic products textiles footwear clothing processed food timber chemical and rubber products told news conference total gross exports for year declined pct billion ringgit billion due fall major commodity exports and weak prices reuter 
acq	offer for dome short circuit debt talks billion dlr offer for dome petroleum dmp transcanada pipelines trp short circuit dome restructuring plan and open door for takeover bids oil analysts dome approval for plan refinance debt billion dlrs july interim debt plan that allowed canadian oil and gas firm defer substantial payments creditors will expire analysts transcanada bid signals dome debtholders that alternative exists dome debt plan dome announced plan major creditors public noteholders march months delicate negotiations transcanada proposal amounts quasi debt restructuring oil analyst doug gowland brown baldwin nisker toronto calgary based dome restructuring plan creditors convert debt common shares formula negotiated payments remaining debt linked cash flow generated assets pledged debt weakness debt refinancing proposal that even approval creditors assurance that dome will fact repay debt obligations wilf gobert oil analyst for peters and calgary transcanada announcement surprise since dome waiting for responses creditors proposed refinancing packages gobert transcanada proposal open bidding for dome since potential buyers waiting for lenders agree restructuring added that debtholders want entertain and offers for dome gobert dome spokesman david annesley york that transcanada announcement attempt fix bidding price for dome and effort preclude buyers making offer drawing attention discussions means that reluctant come forward dome not transcanada proposal formal offer pipeline utility announcement breached confidential agreement two companies dome responded statement suspending discussions transcanada order pursue talks unidentified parties dome management and financial advisers evaluate proposals including transcanada gowland transcanada offer fair price for company mln acres oil and gas land holdings not financial details dome debt restructuring compare transcanada proposed offer reuter 
money-fx	money market deficit forecast mln stg bank england forecast shortage mln stg money market today main factors affecting liquidity bills maturing official hands and treasury bills will drain billion stg partly offsetting outflows fall note circulation will add mln stg exchequer transactions mln and bankers balances target mln reuter 
acq	rothmans denies share sale speculation rothmans holdings tobacco sttement foundation press speculation that sell stake rothmans international plc rot philip morris inc that buy morris stake report rothmans international rht controlled rupert foundation owned mln ordinary and mln ordinary shares pct and pct morris owns mln ordinary shares pct rothmans shares firmed speculation close friday eased gmt reuter 
trade	trade issues straining patience japan member states european community starting run patience japan repeatedly promised major initiatives open market imports made minor moves diplomatic sources recent actions countries bear witness disillusionment willingness ability japanese government reduce massive trade surplus trade war states suffer almost japan senior diplomats gave generally favourable reaction executive commission proposal raise tariffs range japanese products carries threat make similar move april tariffs involve renouncing obligations entered into world trade body gatt designed stop diversion exports market that diplomats meeting tokyo announced that trade deficit japan reached record billion dlrs march billion february japanese exports totalled billion dlrs pct exports japan fell pct billion dlrs paris trade minister michel noir france decided give japan taste medicine burgeoning imports microwave ovens and frozen coquilles jacques will restricted strict application french quality standards states happens exports entering japan britain threatened withdraw licences japanese banks and insurance companies operate city london british cable and wireless company lost competition for japanese telecommucations contract british officials london that government implying that drastic action contract reopened contrast west germany successful economy never threatened tokyo sanctions preferring rely firm diplomacy and encouragement industries surmount obstacles export japan commission switched tactics recent years substituting general calls for action japan open market specific demands for moves key areas present for instance pressuring japan end allegedly discriminatory taxation imported wines and spirits ensure companies chance win contracts for building international airport and simplify certification and safety checks imported cars officials tactics yield benefits japanese announce modifications tariff barriers open door imports token amount stress that action stop beggar neighbour action problems britain face withdraw licences for japanese banks that bankers welcomed open arms frankfurt amsterdam point reuter 
earn	morgan crucible prospects encouraging morgan crucible plc mgcr prospects for encouraging orders and sales significantly last year divisions good opportunities for growth existing and recently acquired businesses for growth acquisition related areas earlier announced mln stg rise pre tax profit mln stg for year december turnover rose mln mln companies performed despite slowdown and australian economies half currency fluctuations reduced pretax profit mln stg noted morgan profits electronics sector improved mln stg stg previously results nonetheless disappointing sales lower expected due delayed defence orders and cancellations had remedial action obtained business and proceeding delivery major delayed orders morgan shares firmed two pence gmt friday close reuter 
earn	morgan crucible pretax profit rises mln stg year december shr div making turnover mln stg mln pretax profit mln mln tax mln mln operating profit mln mln investment income mln mln net finance charges mln mln company full name morgan crucible plc mgcr minorities and provisions for preference dividends mln mln extraordinary debit mln mln credit operating profit includes carbon mln mln technical ceramics mln mln thermal ceramics mln mln speciality chemicals mln mln electronics mln mln reuter 
money-fx	kenya devalues shilling pct sdr kenya devalued shilling pct special drawing sdr response decline dollar last last week bankers central bank kenya set shilling sdr compared rate force since last devaluation march kenyan shilling lost pct sdr this year series devaluations designed dollar shillings reuter 
acq	williams details acceptances norcros offer williams holdings plc that had received acceptances for offer for norcros plc ncro holders norcros ordinary shares pct and preference shares pct mln stg contested bid launched last month williams held ordinary shares pct and since had acquired options buy mln pct offer extended april norcros shares eased announcement williams fell reuter 
interest	commonwealth bank cuts australia prime pct commonwealth bank australia will lower prime lending rate pct effective april bank rate will lowest australia current prime rates range pct recent series reductions since late march easier trend short term money market rates two major trading banks prime rates pct and commonwealth move reverses increase pct early february reuter 
acq	hepworth sells unit globe machine hepworth ceramic holdings plc hepc had agreed sell western plastics corp unit globe machine manufacturing for mln dlrs cash western makes polystyrene foam and container products net assets mln dlrs and reported pre tax profit mln proceeds sale used reduce borrowings and develop activities hepworth shares eased announcement reuter 
acq	bond corp acquire pct merlin pete bond corp holdings bona agreed acquire pct stake merlin international petroleum corp crowley maritime corp for mln dlrs this total mln dlrs due exchange contracts april and mln july subject regulatory approvals obtained bond statement balance mln dlrs will paid required merlin for exploration and production commitments bond merlin pct working interest pct reversionary interest papua guinea permit ppl site iagifu oil discovery merlin pct stake adjacent papuan basin permit ppl contains juha gas and condensate discovery addition papua guinea merlin petroleum exploration and production interests bond added reuter 
acq	blue arrow buy richards companies blue arrow plc had agreed terms acquire group companies collectively richards companies specialise executive recruitment and management consultancy personnel matters total consideration will mln dlrs pct will payable cash and pct issue mln ordinary shares blue arrow richard companies made pre tax profit mln dlrs year end turnover mln dlrs net tangible assets end mln dlrs blue arrow shares trading lower this morning reuter 
acq	borg warner agrees buyout merrill lynch firm borg warner bor corp facing unwanted offer gaf corp gaf agreed billion dlr buyout offer company formed merrill lynch capital partners inc borg warner and merrill yesterday entered definitive merger agreement subsidiary company holdings corp will begin dlr per share cash tender offer today for mln shares pct borg warner common stock offer will merger each remaining share will converted into dlrs cash and dlrs principal amount holdings junior subordinated discount debentures result merger borg warner will become wholly owned subsidiary holdings borg warner spokeswoman members management not plan participate transaction will retain positions company spokesman for gaf unavailable for comment gaf holds pct borg warner shares gaf had offer dlrs per share borg warner spokeswoman company plans sell financial services unit includes wells fargo security guards and chilton corp credit rating service borg warner focus takeover speculation for year corporate raider irwin jacobs last year proposed takeover firm and recently held pct stock gaf offer analysts had calculated breakup values for company low dlrs per share range and speculated offer sweetened statement borg warner board endorsed merrill offer and recommended that shareholders tender shares board received opinions offer advisors boston corp and goldman sachs and james burke president merrill lynch capital partners pleased entered into this transaction borg warner forward working employees borg warner and borg warner maintaining strong presence chicago community merrill lynch will dealer manager for offer expires midnight edt gmt subject conditions including completion financing arrangements offer subject minimum mln shares pct outstanding shares tendered merrill lynch and affiliates committed provide mln dlrs holdings equity and mln subordinated financing and forward underwriting commitments merrill lynch that discussions commercial banks confident can obtain rest financing required complete transaction junior subordinated discount debentures issued merger will carry pct coupon and will begin paying cash interest years debentures will redeemable company option for six years pct seventh year pct and that pct principal amount junior subordinated discount debentures maturity years and entitled sinking fund commencing year designed retire pct issue maturity borg warner will redeem outstanding dlrs cumulative preferred stock series for dlrs per share holders participate offer convert preferred stock into borg warner common stock board borg warner steps redeem poison pill share purchase rights for cents per effective immediately reuter 
earn	credit commercial france splits shares french commercial bank credit commercial france split each shares into increase number shares offer privatised end this month company official told reuters general assembly had passed proposal splitting mln shares francs nominal into mln shares francs nominal market sources put total ccf selloff and billion francs bank share sale price likely announced april launch public flotation offer april reuter 
earn	glaxo pre tax profit mln stg mln six months end december 
acq	hillsdown buys bedding companies for mln dlrs hillsdown holdings plc hldn christie tyler unit buy european bedding making interests simmons owned gulf and western industries inc usa for mln dlrs acquisitions include sleepeeze compagnie continentale simmons france and compagnia italiana simmons spa italy businesses made pre tax profit mln stg sales mln stg net assets acquired come mln stg hillsdown shares unchanged reuter 
earn	glaxo profits sharply dividend raised six months end december shr div pre tax profit mln stg mln turnover mln mln tax mln mln note company full name glaxo holdings plc glxo trading profit mln mln share profits associates mln mln investment income interest payable mln mln profit tax mln mln minority interests two mln mln extraordianry credit mln nil turnover includes continuing activities mln mln discontinued activities mln mln mln mln europe mln mln north america mln mln central and south america mln mln africa and middle east mln mln south east asia and east mln mln australasia mln mln anti peptic ulcerants mln mln systemic antibiotics mln mln respiratory system mln mln reuter 
acq	takeover battle for dome petroleum begins takeover battle began today for debt burdened dome petroleum dmp transcanada pipelines trp announced billion dlr offer and dome continuing talks buyers companies mentioned market speculation potential buyers for dome include imperial oil imo pct owned exxon corp xon pancanadian petroleum pct owned conglomerate canadian pacific and british petroleum plc transcanada offer dome had another proposal substantial company and discussions company lead offer dome statement statement confirmed dome received transcanada bid not identify companies involved talks transcanada canada largest natural gas pipeline operator offering dome package cash common and preferred shares and shares subsidiary and operate dome assets transcanada offer dome management not shareholders dome massive oil and gas landholdings canada totalling mln acres mln developed tax credits worth billion dlrs dome statement transcanada announcement violated terms and spirit confidentiality agreement entered into prospective purchasers and apparently timed prevent dome proposals transcanada bid require favourable and substantial taxation concessions federal and provincial governments dome added that management and financial advisers will evaluate proposals transcanada chief financial officer neil nichols surprised vehemence dome statement and denied that transcanada usurp bids find dome statement bothersome once board made decision authorise proposal had legal obligation announce nichols not identity bidders terms offers dome common shares closed dlrs friday toronto stock exchange preferred class stock closed dlrs common stock traded high dlrs reuter 
money-fx	bank japan sell billion yen bills bank japan will sell billion yen deficit financing bills today day repurchase agreements maturing june absorb projected money market surplus money traders operation will raise outstanding supply bills record billion yen yield bills for sale banks and securities houses money houses will pct compared two month commercial bill discount rate today pct and two month certificate deposit rate pct traders estimated surplus today billion yen due billion yen government tax allocations local governments and public entities and excessive banking system cash holdings due continuous large central bank dollar purchases reuter 
money-fx	money market mln stg assistance bank england had provided money market mln stg morning session this compares bank estimate that system face shortage mln stg today central bank bought bank bills outright comprising two mln stg band two pct mln stg band pct and mln stg band pct reuter 
earn	deposit guaranty corp deps qtr net shr dlrs dlrs shr diluted dlrs dlrs net reuter 
acq	computer associates starts bpi bpii bid computer associates international inc started previously announced dlr per share tender offer for shares bpi systems inc newspaper advertisement company offer approved bpi board and merger price conditioned receipt shares offer and withdrawal rights expire extended addition shares sought tender shareholders bpi owning shares pct agreed sell shares computer associates for tender price reuter 
earn	king world productions inc kwp qtr feb shr cts cts net revs mln mln half shr cts cts net mln revs mln mln reuter 
earn	blue circle profits dividend rise year end december shr div making pretax profit mln stg mln turnover billion mln tax mln mln note company full name blue circle industries plc bcil company proposes for capitalisation issue gross profit mln mln distribution costs mln mln administrative expenses mln mln operating income mln mln share profits related companies mln mln operating profit mln mln net interest payable mln mln exceptional items mln debit mln debit minorities mln mln extraordinary items tax mln mln pretax profit includes mln mln mln mln mexico mln mln australasia mln mln africa mln mln reuter 
acq	crazy eddie crzy make acquisition crazy eddie inc negotiating for acquisition benel distributors operates crazy eddie record and tape asylums crazy eddie stores acquisition include affiliate disc mat inc operates number record and tape stores york metropolitan area details not disclosed reuter 
acq	crazy eddie crzy sets defensive rights crazy eddie inc board adopted defensive shareholder rights plan and received friendly inquiries acquisition plan shareholdrs record april will receive purchase circumstances price dlrs preferred share for each common share held rights will expire april company rights exercisable business days party acquire pct crazy eddie common stock announce tender exchange offer that result ownership pct crazy eddie party owning pct stock merge into party acquire pct crazy eddie stock holders acquiring party entitled acquire common shares securities assets market equal twice rights exercise price party acquired pct stock crazy eddie acquired pct earnings power assets sold rightholders acquirer entitled buy shares acquirer common stock worth twice rights exercise price company crazy eddie party acquire pct common stock and fail acquire crazy eddie days thereafter rightholders entitled exchange crazy eddie common stock for subordinated notes crazy eddie maturing year dollar limt years issuance crazy eddie adoption plan not response effort acquire control company become aware accumulations stock received friendly inquiries reuter 
money-fx	zambia kwacha falls weekly auction zambian kwacha fell this week foreign exchange auction kwacha dollar last week bank zambia rate lowest since auctions resumed two weeks ago two tier exchange rate system worked world bank and international monetary fund bank zambia received bids ranging kwacha for six mln dlrs offer hundred and thirty bids successful british high commission spokesman britain put mln stg into auction rate mln week zambia reached full agreement imf money spent goods produced and supplied british firms excluding luxuries and defence equipment spokesman added reuter 
interest	senate leader calls for interest rate cuts senate finance committee chairman lloyd bentsen tex called major industrial countries make pledge coming economic summit venice cut interest rates summit meeting venice major industrial nations that involved bring interest rates pct bentsen told nbc television meet press bentsen coordinated rate cuts billions debt service latin countries and ease protectionist pressures industrial countries bentsen south korea and taiwan pressured revalue currencies relation dollar you taiwanese enormous capital surplus enormous trade surplus and had cooperation departing deputy treasury secretary richard darman told television network agreed that dollar had not fallen currencies countries that negotiations countries involved called nics newly industrialized countries darman such negotiations newly industrialized countries underway privately bentsen predicted congress and white house agree fiscal budget that raise and billion dlrs revenues texas senator series excise taxes considered congress including extension telephone tax and levies liquor and cigarettes bentsen supported oil import fee that not happen president reagan support darman called for top level negotiation white house and congress budget compromise that include asset sales excise taxes cuts middle class entitlement programs reasonable steady rate growth defense and reform budget process reuter 
acq	offer for dome short circuit debt talks billion dlr offer for dome petroleum dmp transcanada pipelines trp short circuit dome restructuring plan and open door for takeover bids oil analysts dome approval for plan refinance debt billion dlrs july interim debt plan that allowed canadian oil and gas firm defer substantial payments creditors will expire analysts transcanada bid signals dome debtholders that alternative exists dome debt plan dome announced plan major creditors public noteholders march months delicate negotiations transcanada proposal amounts quasi debt restructuring oil analyst doug gowland brown baldwin nisker toronto calgary based dome restructuring plan creditors convert debt common shares formula negotiated payments remaining debt linked cash flow generated assets pledged debt weakness debt refinancing proposal that even approval creditors assurance that dome will fact repay debt obligations wilf gobert oil analyst for peters and calgary transcanada announcement surprise since dome waiting for responses creditors proposed refinancing packages gobert transcanada proposal open bidding for dome since potential buyers waiting for lenders agree restructuring added that debtholders want entertain and offers for dome gobert dome spokesman david annesley york that transcanada announcement attempt fix bidding price for dome and effort preclude buyers making offer drawing attention discussions means that reluctant come forward dome not transcanada proposal formal offer pipeline utility announcement breached confidential agreement two companies dome responded statement suspending discussions transcanada order pursue talks unidentified parties dome management and financial advisers evaluate proposals including transcanada gowland transcanada offer fair price for company mln acres oil and gas land holdings not financial details dome debt restructuring compare transcanada proposed offer reuter 
acq	sosnoff raises bid for caesars world caw investor martin sosnoff raised offer for caesars world inc shares dlrs each dlrs and reduced number shares seeking mln not owned newspaper advertisement sosnoff bid mts acquisition corp withdrawal rights and proration period will expire june extended offer had scheduled expire late march sosnoff had received negligible number shares response offer had rejected caesars inadequate sosnoff owns mln caesars mln common shares outstanding pct interest primary basis last week caesars board approved recapitalization plan alternative sosnoff offer shareholders receive special dividend dlrs per share subject approval shareholders special meeting held june company planned borrow mln dlrs and sell mln dlrs debt finance payout sosnoff newspaper advertisement that amended offer conditioned receipt shares give majority interest fully diluted basis and arrangement financing approvals jersey and nevada gaming authorities tender step acquiring caesars shares and successful merger transaction sosnoff statement that mln shares seeking together shares owns give pct interest fully diluted basis received negligible number shares response tender letter caesars chairman henry gluck included statement sosnoff gluck had refused april meet even had willing increase price offer sosnoff financing for offer almost fully place sosnoff painewebber group inc pwj delivered commitments purchase mln dlrs increasing dividend cumulative exchangeable preferred stock mts holding corp indirect parent corporation mts acquisition marine midland banks inc leads syndicate that provided commitments for mln dlr margin facility believes will arrange for commitments margin facility advance additional mln dlrs that needed permit purchase shares offer sosnoff merger that follow tender each caesars shares not covered offer pct fully diluted basis converted into series preferred stock valued dlrs per shareby independent investment baking firm extent that fewer sdhares purchased offer stockholders receive combination cash and series preferred stock dlrs per share caesars sosnoff believes terms offer superior caesars recapitalization sosnoff will meeting this week gaming officials nevada effort expedite investigatory process required for regulatory approval process that underway jersey offer extended based likely duration regulatory process intends extend offer approval process not completed expiration date reuter 
earn	compact video inc cvsi year loss shr loss cts loss two cts net loss loss revs mln mln note results for months ended dec and months ended dec acquisition brooks drug september and company change fiscal year prior year results not comparable compact video explained reuter 
earn	neworld bank for savings nwor qtr net oper shr cts cts oper net note net excludes dlr tax credit reuter 
acq	usair buy pct mln piedmont shares tendered 
earn	merrill lynch qtr shr dlr cts 
earn	merrill lynch and mer qtr net shr primary dlr cts shr diluted cts cts net mln mln rev billion billion reuter 
acq	corona icr favors royex rgm offer international corona resources board directors believes that terms royex gold mining corp previously announced offer fair and reasonable decided will make recommendation offer shareholders royex march offered buy mln corona shares for each corona share offered dlrs cash series share royex series share royex and share purchase warrant bid for corona warrants expiring aug reuter 
acq	atlantic soaf independence inho merge south atlantic financial corp agreed principle merge independence holding into company called safco international each south atlantic share exchanged for safco share and each independence share for safco shares independence owns pct south atlantic mln primary common shares south atlantic chairman and chief executive officer sheldon gordon posts safco and independence president ronald strackbein president safco company transaction subject execution definitive agreements receipt fairness opinions investment banks and approval boards and shareholders companies proxy materials expected maioled this quarter south atlantic and independence insurance companies reuter 
earn	home federal upper east tennessee hfet qtr shr cts not net note company public fourth quarter home federal savings and loan association upper east tennessee reuter 
acq	glatfelter will buy ecusta corp for mln dlrs cash 
earn	family health systems inc fhsy qtr feb shr profit nil net profit profit revs avg shrs mln mln six mths shr loss nil loss net loss loss revs reuter 
earn	international business machines corp ibm net qtr shr dlrs dlrs net mln billion gross income billion billion avg shrs mln mln note pretax net billion billion sales billion billion maintenance gross income billion billion program products gross income billion billion and rentals and services mln billion reuter 
acq	usair reports final proration factor usair group inc announcing final proration factor for tender offer for piedmont aviation inc pie that mln shares pct shares validly tendered usair purchased and will pay for mln shares representing pct tendered reuter 
money-fx	money market mln stg bank england provided market mln stg assistance this afternoon bringing total assistance day mln stg shortly bank had revised estimate shortage mln stg earlier forecast mln afternoon bank bought mln stg band two bank bills pct and two mln stg local authority bills mln stg bank bills band pct rates cases unchanged previous intervention levels reuter 
earn	goodyear predicts quarter net goodyear tire and rubber expects report earnings continuing operations dlr per share mln average shares outstanding last year quarter company lost mln dlrs cts per share mln shares outstanding mln dlr writedown oil reserves celeron corp unit goodyear will report quarter results april goodyear chairman robert mercer told annual meeting that major downturn economy expects work debt normal levels years restructuring and cash flow improved margins company set restructuring program fend hostile takeover attempt sir james goldsmith part restructuring goodyear executed major stock buyback program that resulted increase debt reuter 
trade	trade issues straining patience japan member states european community starting run patience japan repeatedly promised major initiatives open market imports made minor moves diplomatic sources recent actions countries bear witness disillusionment willingness ability japanese government reduce massive trade surplus trade war states suffer almost japan senior diplomats gave generally favourable reaction executive commission proposal raise tariffs range japanese products carries threat make similar move april tariffs involve renouncing obligations entered into world trade body gatt designed stop diversion exports market that diplomats meeting tokyo announced that trade deficit japan reached record billion dlrs march billion february reuter 
trade	decide japan trade moves late european community effectively japan six weeks moves open market imports decides tough retaliatory trade measures diplomats foreign ministers will meet and review state trade relations two sides executive commission asked representatives member states friday propose renunciation pledges world trade body gatt adequate and early measures open japanese market such renunciation step imposing stiff increases duties quantitative limits japanese exports diplomats that issue discussed detail meeting foreign ministers april and luxembourg time needed prepare proposals for retaliatory action commission powers limited action getting ministerial approval prevent japanese exports electrical photographic and goods diverted europe tariff moves ministers likely discuss prevent japan getting extra trading advantage result spain and portugal joining bloc obliges gradually reduce tariffs industrial goods japan trade surplus community grown steadily registering record billion dlrs march reuter 
acq	glatfelter glt acquiring ecusta glatfelter reached agreement acquire capital stock ecusta corp for dlrs cash glatfelter printing and writing paper maker ecusta operates uncoded sheet and light weight specialty paper mill pisgah forest mill produces and converts paper products used doemstic and foreign tobacco industry glatfelter expects close deal reuter 
earn	ncr corp qtr shr cts cts 
earn	marathon fms plans stock split marathon inc planned two for stock split effective shareholders approval june annual meeting financial services company completed previously reported mln dlr private placement mln voting preferred shares convertible for into voting class shares reuter 
earn	bancorp usbc qtr net shr cts cts net mln mln avg shrs mln mln reuter 
earn	ibm ibm higher shipments costs qtr international business machines corp shipments and revenues higher quarter net earnings fell pct part due higher expenses ibm net income fell mln dlrs dlrs share billion dlrs dlrs pct fewer shares outstanding total sales and income rose pct billion dlrs billion dlrs costs and expenses rose pct billion dlrs billion quarter computer maker company continues actions make competitive including cost and expense reduction measures worldwide economic situation remains unsettled encouraging signs business ibm statement addition increase quarter shipments announced offerings large processor and personal computing product lines fully benefit recent product announcements retirement incentives and resource balancing measures and expect actions will significant impact progresses company added expects employees advantage retirement incentives announced last year pretax earnings fell pct billion dlrs billion ibm pretax margins slipped pct pct reuter 
earn	lindberg corp lind qtr net shr cts cts net sales mln mln avg shrs mln mln note net includes gain dlrs two cts share proceeds sale property reuter 
earn	ncr corp ncr qtr net shr cts cts net mln mln revs billion mln avg shrs mln mln reuter 
interest	fhlbb short term discount note rates federal home loan bank board adjusted rates short term discount notes follows maturity rate rate maturity days pct pct days days pct pct days days pct pct days days pct pct days days pct pct days reuter 
earn	galileo electro optics corp gaeo qtr shr cts cts net mln revs mln mln six months shr cts cts net mln mln revs mln mln avg shrs mln mln note quarter ended march six months includes charge dlrs due reversal investment tax credits reuter 
acq	boston bfcs neworld nwor merge boston cents savings bank and neworld bank for savings agreed merge forming holding company boston bancorp boston proposal calls for holders receive shares company stock for each share held and for neworld bank holders recieve share for each share held tax free exchange boston planned merger newworld bank for savings will create largest savings bank massachusetts and largest england combined assets billion dlrs boston chairman robert spiller natural fit banks this merger equals spiller will become chairman boston bancorp and neworld president james oates will president and chief executive officer boston president peter blampied will become vice chairman and chief operating officer holding company board holding company will equal number directors each institution unlike recent combinations this merger acquisition premium associated blampied boston assetsof billion dlrs and officers neworld assets billion dlrs and officers massachusetts loan center hampshire reuter 
earn	coopervision eye forms recapitalization plan coopervision inc preparing recapitalization plan includes common stock repurchase program and exchange debt securities for common stock plan proposal change name cooper cos inc will submitted for shareholders approval company annual meeting june meeting had postponed original date order management review recapitalization options addition coopervision operating income current fiscal quarter ending april expected show improvement prior fiscal quarter mln dlrs and year ago quarter income continuing operations not immediately availalbe for prior year second quarter reported net loss mln dlrs drexel burnham lambert investor conference coopervision chairman parker montgomery previously announced will listen bid that makes sense for shareholders coopervision stock fell due second quarter loss rumors liquidation dlrs and dlrs share and ivan boesky subsequent sale position stock dropped six dlrs days boesky sold position and never recovered montgomery company stock trading montgomery told conference don investor stock basis short term recovery operating net income and concentration maintaining increasing market share core businesses this year and impact bottom line reuter 
earn	reebok international limited rbk qtr shr cts cts net mln mln revs mln mln avg shrs mln mln note quarter amounts not includes sales avia group international inc acquired end quarter quarter revenues include rockport revenues mln dlrs quarter amounts not include rockport reebok acuqired that company october reuter 
earn	blount inc blt qtr net oper shr cts cts oper net revs mln mln avg shrs mln mln year oper shr cts cts oper net revs billion billion avg shrs mln mln note prior year net excludes gains dlrs quarter and dlrs year termination overfunded pension plans backlog billion dlrs mln dlrs reuter 
money-fx	money market late mln stg bank england gave market late assistance mln stg bringing total day mln stg this compares bank estimate liquidity shortage mln stg raised early forecast mln stg reuter 
acq	blue arrow acquire richards consultants blue arrow plc signed agreement acquire richards consultants for mln dlrs cash and securities richards privately owned york based executive recruitment firm part agreement blue arrow principal shareholders manage richards will enter into long term service contracts agreement subject approval blue arrow shareholders reuter 
earn	merry round mgre sets stock split merry round enterprises inc board declared for two stock split payable holders record april reuter 
earn	irving bank corp qtr shr dlrs dlrs 
earn	irving bank corp qtr net shr dlr dlr net mln mln assets billion billion deposits billion billion loans billion billion reuter 
earn	sullivan corp osl qtr net shr cts cts net rev mln mln note earnings per share adjusted for for stock distribution paid reuter 
interest	french week bill average rate rises pct pct official 
earn	park communications inc parc qtr net shr cts cts net revs mln mln reuter 
earn	nvhomes nvh sets split payment date nvhomes april will distribution date for units result previously announced two for split unitholders record april reuter 
earn	berkey inc bky qtr net greenwich conn april oper shr profit cent loss cts oper net profit loss revs mln mln mths oper shr loss dlrs loss cts oper net loss mln loss revs mln mln note qtr excludes profit dlrs cts per share discontinued operations and excludes loss dlrs cts per share for net operating loss carryforward mths excludes discontinued operations loss dlrs cts per share mths excludes discontinued operations gain dlrs dlrs per share and excludes gain dlrs cts per share for net operating loss carryforward reuter 
acq	dillard department stores agrees buy two allied stores units for mln dlrs cash 
earn	chemical york corp qtr shr dlrs dlrs 
interest	bankers trust raises broker loan rate bankers trust raising broker loan rate pct pct effective immediately trust bank publicize broker rate posting pct reuter 
acq	pentland reduce reebok rbk holdings pentland industries plc report substantial capital gain sale part holdings reebok international limited will cut stake reebok pct pct reebok filed registration statement securities and exchange commission for offering six mln shares reebok common reebok will sell mln shares and pentland will sell shares reducing stake reebok mln mln shares offering reebok will mln shares shares outstanding pentland amount capital gain sale depends offering price for reebok shares negotiated reebok and selling stockholders will offer mln shares reebok common and underwriters pentland proceeds offering will used reebok retire bank debt incurred acquisition avia group for mln dlrs that reebok will bank credit lines for general corporate purposes including acquisitions reebok stock selling that price mln reebok shares pentland will sell worth mln dlrs and mln shares reebok will sell worth mln dlrs pentland will use proceeds fund growth and acquisitions pentland shares rebbok will offered syndicate led kidder peabody and inc and shares will offered international syndicate led kidder underwriters granted option buy selling stockholders additional shares cover overallotments pentland not chosen participate this allotment pentland that date and price offering determined will release details expects offering close reuter 
earn	national westminster bank plc qtr net net mln mln note national westminster bank plc subsidiary loan loss provision mln mln investment securitiesd gaons dlrs dlrs figures dollars reuter 
earn	irving bank cites loans earning decline irving bank corp decline quarter earnings mln dlrs mln dlrs year ago period due placement accrual basis mln dlrs and mln dlrs medium and long term loans borrowers brazil and equador excluding impact accrual loans irving quarter net income rose pct mln and per share amounts risen pct dlr quarter bank reported earnings per share dlr compared dlr period last year reuter 
earn	chemical york corp chl qtr net shr dlrs dlrs net avg shrs assets billion billion loans billion billion deposits billion billion return assets pct pct return common equity pct pct note qtr net reduced mln dlrs billion dlrs brazil loans accrual reuter 
earn	afg industries inc afg qtr net shr primary cts cts shr diluted cts cts net revs mln mln avg shrs primary reuter 
earn	milford savings bank qtr net shr cts cts net note includes shr charge loan loss provision reuter 
earn	ahmanson and ahm qtr net shr cts cts net revs mln mln avg shrs loans billion billion deposits billion billion assets billion billion note prior qtr per shr figure adjusted for for stock split reuter 
money-fx	fed expected set day repurchase pacts federal reserve expected enter government securities market add temporary reserves directly arranging day system repurchase agreements economists fed add reserves indirectly large round two billion dlrs customer repurchase agreements federal funds averaged high pct friday opened pct and traded and pct reuter 
acq	allied stores als sells dillard dds two units dillard department stores inc based rock ark and allied stores corp jointly entered definitive purchase agreement for sale dillard joske and cain sloan divisions allied for mln dlrs cash subject closing adjustments sale excludes real estate assets joske and cain sloan allied estimates aggregate mln dlrs based current market conditions joske stores texas and arizona cain sloan stores nashville joske largest unit allied slated for sale restructuring allied stores corp subsidiary campeau corp acquired acquired canadian developer last year robert campeau chairman allied this terrific start disposition program proceeding ahead schedule this sale will fulfill requirements bank agreements sell assets june and give additional flexibility disposal remaining divisions sold allied stores required pay mln dlrs bank debt june had doubts wall street that company meet payment campeau source this cash sale puts strong negotiating position maximize proceeds allied can receive divisions allied put position will meet june payment schedules source bilion dlrs allied assets had targeted for sale dec pay for aquisition allied campeau allied will taking bids for divisions targeted for sale bonwit tellers garfinckel dey donaldson herpolsheimer heer miller miller and rhoads pomeroy catherine plymouth shops and jerry leonard divisions provided pct allied net sales and pct store profit fiscal reuter 
earn	ncr ncr continues expect earnings growth ncr corp earlier reporting higher quarter profit continues expect that will report record earnings and revenue for optimism based incoming order rates and strength product lines company ncr corp plans additional product announcements this year elaborating ncr earlier quarter profit increased mln dlrs cts share mln dlrs cts share prior year ncr full year earnings rose mln dlrs mln dlrs prior year ncr increase quarter profit resulted strong revenue growth strong europe and pacific marketing groups growth revenues improved company quarter revenues increased billion dlrs mln dlrs prior year ncr dollar quarter worldwide incoming orders posted substantial gain prior year quarter ncr giving specific figures order growth broad based across ncr product lines greatest growth coming reuter 
earn	genetics institute inc geni qtr loss period ended february shr loss cts loss cts net loss loss revs avg shrs reuter 
earn	entre computer etre closing overseas units entre computer centers inc discontinuing european and australian operations company today reported loss for second quarter ended february dlrs dlr pretax provision for shutdown overseas units and dlr tax credit year earlier earned dlrs overseas operations lost dlrs second quarter and not strong provide for future growth reuter 
earn	entre computer centers inc etre qtr loss shr loss cts profit cts net loss profit revs mln mln half shr loss cts profit cts net loss profit revs mln mln note current year net periods includes dlr pretax provision for closing overseas operations and tax credits dlrs quarter and dlrs half reuter 
earn	merrill lynch mer investment revenues merrill lynch and investment banking revenues strong quarter rising mln dlrs mln quarter made steady progress period market activity marked unprecedented activity william schreyer chairman and cheif executive officer and daniel tully president and chief operating officer earlier company reported quarter net income mln dlrs dlr per share mln dlrs cts per share quarter merrill lynch insurance revenues made biggest gains quarter rising mln dlrs this quarter mln dlrs last year quarter reuter 
earn	standard microsystems corp smsc qtr net feb end shr profit cts loss nil net profit loss revs mln mln avg shrs mln mln year shr profit cts profit nil net profit profit revs mln mln avg shrs mln mln note net includes tax credits dlrs dlrs quarter and dlrs dlrs year reuter 
earn	pennsylvania real estate investment trust pei oper shr cts cts oper net revs avg shrs half oper shr cts cts oper net revs avg shrs note current year net excludes gains sale real estate dlrs quarter and dlrs half period ended february reuter 
earn	allwaste inc alws qtr feb shr profit cts loss cts net profit loss revs mln six months shr profit cts loss cts net profit loss revs mln mln avg shrs mln mln reuter 
earn	scott and stringfellow scot qtr mar shr cts cts net revs mln mln months shr dlrs dlrs net mln mln revs mln mln avg shrs mln mln note full name scott and stringfellow financial corp reuter 
earn	foster fwc unit audit reveals discrepancies foster wheeler corp fwc audit stearns airport equiment inc unit revealed substantial discrepancies stearns accounts that require material adjustments previously announce consolidated results company and subsidiaries foster stearn officers and senior management made stearn operations profitable improperly recording job costs stearn president and controller had resigned foster spokesman not names president and controller and not immediately comment release foster amount involved discrepancy mln dlrs taxes mln dlrs net tax due improper recording job costs period years and continuing part quarter stearns unit foster conergic corp subsidiary company impact results for not likely significant amount charged prior periods had not determined foster reported tax earnings mln dlrs mln dlrs and mln dlrs for and stearns based crowley texas makes airport baggage conveyor equipment and passenger loading bridges foster diversified international concern subsidiaries operating worldwide based livingston jersey reported revenues for period ended december billion dlrs company detailed audit and investigation continuing company spokesman declined comment investigation reuter 
trade	taiwan announces round import tariff cuts taiwan announced plans for another round import tariff cuts foreign goods shortly trade talks washington officials described move balance trade united states wang der hwa deputy director finance ministry customs administration department told reporters list products included items asked washington move part government efforts encourage imports trading partners united states ministry proposal today cabinet that tariffs such products cosmetics bicycles apples radios garments soybeans and television sets cut and pct cabinet expected give approval thursday and tariff cuts implemented possibly starting april added taiwan introduced sweeping tariff cut foreign products last january aimed helping reduce growing trade surplus united states island largest trading partner washington not satisfied cuts and pressed for reductions cutting huge trade deficit taipei washington deficit taipei rose record billion dlrs last year billion widened billion quarter billion year earlier taiwan official figures show today announcement departure today member taiwan delegation for washington for series trade talks officials delegation leader vincent siew told reporters last night leaving heavy heart meaning that face tough talks washington rising protectionist sentiments congress taiwan trade surplus washington largest japan and canada siew talks starting april cover calls for taiwan open market american products purchases major machinery and power plant equipment import tariff cuts and protection intellectual property afraid this time give talks elaborating reuter 
grain	bulgaria romania grain crop favorable current prospects for this year grain crop bulgaria and romania favorable agriculture department officer belgrade field report report assessment based travel two countries march april crop conditions earlier expected extreme dry conditions last fall and prolonged winter temperatures this spring general plant development weeks normal this spring and conditions varied greatly regions report fields seeded optimum period last fall and receiving supplemental irrigation water pct fields observed appeared good condition evidence winterkill varied considerably report fields lacking adequate moisture last fall showed weak and uneven stands spotty germination and winterkill fields averaged pct reuter 
earn	elcor corp elk qtr march shr cts cts net mln revs mln mln months shr dlrs cts net mln mln revs mln mln note shares adjusted for for stock split payable holders record qtr and months includes tax loss carryforward gain dlrs and mln dlrs qtr months includes tax loss carryforward gains dlrs and mln dlrs reuter 
earn	abington savings bank abbk qtr net shr cts not net loans mln mln deposits mln mln assets mln mln note prior share not due june conversion stock ownserhip reuter 
earn	banking center tbcx qtr net shr cts not net note company public august figures restated net includes loan loss provision dlrs dlrs gain sale securities dlrs dlrs and gain sale loans dlrs dlrs reuter 
earn	chemical chl net hurt brazil expenses chemical york corp quarter profits fell pct largely billion dlrs loans brazil accrual chemical reported quarter net income mln dlrs mln year earlier declaring brazilian loans performing cost chemical mln dlrs lost interest income mln dlrs tax pct jump interest expense mln dlrs mln hit bottom line rise due staff costs associated continued growth consumer capital markets and investment banking activities excluding effect placing brazil accrual chemical net income mln dlrs pct below earnings brazil suspended interest payments billion dlrs medium and long term debt february not resumed year end chemical tax net for will reduced mln dlrs chemical mln dlrs loans ecuador accrual quito government suspended interest payments foreign debt this reduced interest income mln dlrs chemical net interest income fell mln dlrs mln and net spread narrowed pct pct this reflected reclassification brazilian loans reduced federal income tax rate affected calculation taxabale equivalent adjustment tax exempt assets and narrowing spread prime rate and chemical cost funds foreign exchange trading profits rose mln dlrs mln bond trading profits dropped mln dlrs mln fees trust and banking services rose mln dlrs mln year earlier chemical provision for loan losses mln dlrs compared mln net loan charge offs mln mln leaving allowance for loan losses mln dlrs quarter end pct loans outstanding compared mln pct year earlier accruing loans end march billion dlrs billion excluding brazil compared billion end and billion end march reuter 
earn	genetics geni sees higher losses genetics institute inc earlier reporting increased quarter net loss expects incur losses fiscal that somewhat higher reported fiscal had loss dlrs for fiscal ended november compared fiscal loss dlrs company losses result strategic decision invest prudent levels equity development products company can manufacture and bring market genetics earlier quarter ended february losses rose dlrs year ago loss dlrs reuter 
acq	investor boosts trans lux tlx stake investor albert kahn statement that group heads increased stake trans lux corp pct pct fully diluted basis kahn filing securities and exchange commission that group bought additional trans lux common shares and dlrs pct convertible subordinated debentures due convertible into additional shares kahn seeking representation trans lux board and starting proxy contest connection upcoming annual meeting kahn seeking examination trans lux shareholder list and corporate books and records delaware law trans lux connecticut concern that leases teleprinters and display units brokerage offices airports and public places kahn miami insurance executive and investor reuter 
earn	solitron devices inc sod qtr net period ended february shr cts cts net revs mln mln avg shrs year shr cts cts net revs mln mln avg shrs note year dlr tax provision and dlr tax credit year dlr credit for anticipated income tax settlement for and dlr tax provision reuter 
earn	trust corp qtr shr cts cts 
earn	peoples heritage bank phbk qtr net shr cts not net note net includes securities gains dlrs dlrs company public december reuter 
earn	stuart hall inc stuh qtr feb net shr cts cts net revs mln mln avg shrs reuter 
earn	clayton homes inc cmh qtr march net shr cts cts net revs mln mln mths shr cts cts net revs mln mln backlog mln six mln note share adjusted for for stock split june reuter 
earn	trust corp ustc qtr net shr primary cts cts shr diluted cts cts net avg assets billion billion deposits billion billion reuter 
earn	desptp omc dso qtr net shr cts cts net sales mln mln avg shrs reuter 
earn	park communications inc parc qtr mar shr cts cts net revs mln mln reuter 
earn	federal guarantee corp fdgc qtr net shr cts cts net revs mln mln reuter 
earn	angell care master acr raises quarterly shr cts cts prior pay july record june reuter 
earn	franklin michigan insured sets lower payout mthly div cts cts prior pay april record april note franklin michigan insured tax free income fund reuter 
earn	franklin high yield sets higher payout mthly div cts cts prior pay april record april note franklin high yield tax free income fund reuter 
earn	franklin pennsylvania tax free initial payout franklin pennsylvania tax free income fund board declared initial monthly dividend six cts per share payable april holders record april reuter 
acq	general partners sells gencorp stake general partners texas partnership that recently ended bid gencorp inc told securities and exchange commission sold remaining pct stake company general partners sold shares gencorp april dlrs share open market transaction york stock exchange sale leaves gencorp common shares partnership includes wagner and brown midland texas and irvine calif based afg industries inc last week dropped dlr share hostile tender offer reuter 
earn	franklin pennsylvania sets initial payout franklin pennsylvania investors government securities fund fund board declared initial monthly dividend cts per share payable april holders record april reuter 
acq	gaf gaf studying borg warner bor plan gaf corp studying agreement merrill lynch capital partners will borg warner corp private billion dlr transaction gaf spokesman spokesman had comment analysts speculation gaf make offer for chicago based plastics and automobile parts company borg warner stock rose merrill lynch dlrs per share tender offer price merrill lynch capital partners unit merrill lynch and tendering for pct borg warner and offering package cash and securities for balance shares gaf had offered dlrs per share previously holds pct borg warner stock reuter 
earn	national westminster bank usa qtr net rises national westminster bank usa higher loans and core deposit volumes substantial increase net interest income contributed pct rise quarter earnings mln dlrs mln reported year earlier earnings gain despite mln dlr reduction income result placing brazilian loans accrual net interest income totalled mln dlrs compared mln dlrs period loans middle market businesses increased mln dlrs gains offset low levels interest rates provision for loan losses rose mln dlrs mln year earlier march allowance for loan losses mln dlrs versus mln end march accrual loans rose mln dlrs mln end quarter largely mln dlrs loans brazil put accrual status bank that loans remain accrual for remainder year net income for reduced mln dlrs national westminster bank usa wholly owned subsidiary national westminster bank plc reuter 
earn	laser photonics inc lazr qtr dec shr loss cts loss cts net loss loss revs mln year shr loss cts loss cts net loss mln loss revs mln mln reuter 
earn	eastern utilities associates eua ups payout qtly div cts cts prior qtr pay record reuter 
acq	mcgraw hill mhp divests south african unit mcgraw hill inc sold mcgraw hill book south africa pty subsidiary local management group for undisclosed amount cash and halted sale products and services south africa company divestiture follows resolution board february that cited increased political and social unrest south africa and refusal south african government abolish apartheid system reuter 
acq	oak ondustries oak buy electronics firm oak industries inc agreed buy stock electronic technologies inc york for undisclosed amount cash electronic technologies manufactures quartz crystal components oak acquisition part ongoing stategy restructure core businesses cost reduction programs and purchase compatible companies reuter 
earn	peoples heritage bank phbk qtr net shr cts not net note includes net securities gains dlrs mln dlrs company converted stock ownership december reuter 
acq	revlon group agrees merge macandrews and forbes group for dlrs shr cash 
interest	trust ustc raises broker loan rate trust raised broker loan rate pct pct effective immediately bankers trust quotes broker loan rate publicly raised rate pct earlier today reuter 
acq	corrected crazy eddie crzy sets rights crazy eddie inc board adopted defensive shareholder rights plan and reacived inquiries friendly merger plan shareholders record april will receive purchase circumstances price dlrs preferred share for each common share held rights expire april company rights exercisable business days party acquire pct crazy eddie common stock announce bid for pct adds dropped year rights expiration reuter 
earn	biotech electronics inc ion qtr net shr cts half net revs mln mln mths shr cts cts net revs mln mln note period ended february reuter reuter 
earn	myers industries inc mye qtr net shr cts cts net sales mln note per share figures adjusted for ten pct stock dividend paid august reuter 
earn	gte corp qtr shr cts cts 
acq	resdel rsdl merge san bar sbar resdel industries and san bar corp agreed merge san bar into resdel arrangement calls for san bar spin assets break free division shareholders exchange shares for resdel stock ratio resdel share for each san bar share held resdel reuter 
acq	midlantic midl acquire county bancorp midlantic corp agreed acquire county bancorp for mln dlrs agreement calling for county trust county bancorp subsidiary merge into midlantic national bank north midlantic will pay dlrs share cash times county bancorp march book for each county shares outstanding received option principal shareholders for pct county outstanding acquisition expected quarter and subject regulatory and shareholder approvals reuter 
earn	people savings bank brockton pbkb net assets mln mln note quarter ended march company completed conversion mutual stock form october raising mln dlrs net proceeds sale mln shares common stock reuter 
earn	micro general corp mgen qtr loss period ended december shr nil loss six cts net loss loss revs avg shrs year shr nil loss cts net profit loss revs avg shrs reuter 
earn	gte corp gte qtr mar shr cts cts net mln mln revs billion billion avg shrs mln mln reuter 
earn	gte posts pre tax loss mln dlrs qtr for pct share sprint 
acq	group raises scandinavia fund scf stake shareholder group consisting foreign investment firms and investors raised stake scandinavia fund inc shares pct total outstanding shares pct filing securities and exchange commission group informal offer made scandinavia fund president bjorn carlson march grant representation company board group includes vbi corp turks and caicos islands investment firm and ingemar rydin industritillbehor swedish investment firm and erik martin vik norwegian investor and vik son alexander group vbi and elder vik bought combined scandinavia fund common shares since march prices ranging dlrs share reuter 
earn	square corp sqd qtr net shr cts cts net sales mln mln reuter 
crude	triton oil paris basin reserves pct triton energy corp proven reserves villespedue oil field france paris basin estimated total mln barrels march pct mln barrels triton pct owned triton europe plc subsidiary pct interest field located miles east paris pct held total exploration field operator reuter 
earn	talking point ibm ibm international business machines corp started year aggressively industry analysts company faces tough rounds fight stop two year earnings slump impressed happening ibm long time painewebber analyst stephen smith not woods added dlrs share ibm quarter net income easily topped estimates wall street had ranged even dollar dlrs analysts pleasantly surprised ibm performance that ibm chances for full recovery hinged key factors impact will not felt year include success ibm personal computer line introduced two weeks ago and minicomputers will begin volume shipments july addition ibm full benefits early retirement program and cost cutting moves will emerge year progresses analysts noted that ibm chairman john akers relatively upbeat assessing company outlook for year worldwide economic situation remains unsettled encouraging signs business akers pointing things higher quarter shipments remain optimistic prospects for industry and ibm akers encouraging painewebber smith weak dollar lower tax rate and strong mainframe computer sales contributed expected quarter results analysts shipments mainframes strong march weak january and february ulric weil washington based weil and associates sales top line mainframes commonly called sierras bailed quarter weil adding this continues augers for rest year reuter 
earn	micro mask inc nms qtr mar oper loss oper shr loss cts loss cts oper net loss loss sales six mths oper shr loss cts loss dlrs oper net loss loss sales mln note oper data not include losses discontinued operations dlrs cts per shr qtr and dlrs cts per shr six mths reuter 
earn	irving bank qtr net hurt brazil irving bank corp six pct drop quarter net income year earlier largely result placing medium and long term loans borrowers brazil and ecuador accrual status income months fell mln dlrs mln period earnings per share dropped dlrs irving put mln dlrs brazilian and mln dlrs ecuadorean loans accrual reducing quarter net income total mln dlrs tax irving estimates full year net reduced mln dlrs tax cash interest payments received loans remainder adversely affecting earnings losses trading securities and higher interest expenses partly offset increased trust income profits foreign exchange trading and investment securities gains bank allowance for loan losses mln dlrs mln year earlier provision for loan losses mln versus mln quarter reuter 
earn	allegheny western energy algh ups payout qtly div cts six cts prior pay june record note full name allegheny and western energy corp reuter 
earn	united telecommunications inc qtr shr cts cts 
earn	coast inc qtr net shr profit loss cts net profit loss sales mln mln avg shrs reuter 
trade	february trade reported basis february monthly merchandise trade figures reported tuesday commerce department will basis reflecting recent data avoiding future revisions monthly figure commerce officials january deficit billion dlrs will revised february figure will final officials previously initial monthly figure had revised subsequent months time lag report and compiling final estimates imports and exports reporting february trade data delayed weeks permit gathering latest figures imports and exports give clearer picture monthly trade balance reuter 
acq	revlon rev and macandrews and forbes merge macandrews and forbes group and revlon group inc rev that entered into definitive mergewr agreement macandrews will acquire revlon dlrs per common share cash macandrews increased offer purchase revlon common shares dlrs share april offer dlrs share consummation offer unit macandrews will merge into revlon and each remaining share will converted into receive dlrs per share cash companies revlon board directors unanimously approved merger agreement macandrews and revlon reached settlement plaintiff pending litigation challenging acquisition shares macanrews companies tender offer and withdrawal rights will expireon tuesday april extended macandrews will promptly file revised tender offer material securities and exchange commission drexel burnham lambert inc acting dealer manager for offer companies revlon mln shares outstanding current offer price mln dlrs company spokesman previous offer mln dlrs april macandrews and forbes owned ronald perelman offered dlrs share for pct revlon shares not since offer made dozen shareholder lawsuits brought revlon alleging original offer low companies lawsuits settled amended offer reuter 
acq	real estate firm cuts intermagnetics inma stake roland international corp coconut grove fla real estate development company cut stake intermagnetics general corp shares pct total outstanding shares pct filing securities and exchange commission roland sold shares feb dlrs each long roland stake intermagnetics general below pct not required report dealings company stock reuter 
earn	commerce corp fcom qtr net shr cts cts net reuter 
acq	dataproducts dpc buy imaging solutions dataproducts corp signed letter intent acquire imaging solutions inc unit reliance electric undisclosed terms this acquisition will give rights proprietary solid and liquid ink technologies had developed joint venture operated and exxon corp xon dataproducts imaging solutions named exxon printing systems inc had reliance electric subsidiary reliance recently independent company result leveraged buyout owner exxon reuter 
acq	jannock acquires half stake printer jannock jannock imaging unit acquired pct stake arthurs jones lithographing toronto for undisclosed terms acquisition lift jannock imaging revenues mln dlrs this year not arthurs jones revenues reuter 
earn	mark industries inc qtr feb net shr cts cts net revs mln mln year shr dlrs cts net mln revs mln mln avg shrs note current periods include gain dlrs qtr and mln dlrs year pension accounting year ago shr figures restated for for splits paid june and january reuter 
acq	electrohome sell unit electrohome agreed sell assets computer service sector aabex service division canadian general electric cge terms not disclosed closing date expected reuter 
earn	salick health care inc shci qtr net period ended february shr cts cts net revs six mths shr cts cts net revs mln reuter 
acq	laser photonics inc lazr closes sale laser photonics inc completed previously announced sale shares pct common stock group investors for mln dlrs dlrs loan made investors repaid proceeds restructured board include members designated investors including pierre schoenheimer roger kirk and leonard lichter reuter 
acq	amsouth bancorp aso sets exchange ratio amsouth bancorp will issue shares stock acquire tuskaloosa corp previously announced merger agreement amsouth offered dlrs share amsouth stock for tuskaloosa company tuskaloosa shareholders will receive shares amsouth stock for each tuskaloosa share held merger effected april tuskaloosa assets mln dlrs amsouth assets six billion dlrs reuter 
earn	voplex corp vot qtr mar shr cts cts net revs mln mln reuter 
acq	hadson corp hads completes acquisition hadson corp completed acquisition pct seaxe energy corp seax common stock for shares hadson stock seaxe engaged international oil and gas exploration and development primarily paris basin france reuter 
acq	arrays aray completes merger arrays inc completed merger haba systems inc terms merger called for each share arrays exchange for share haba transaction valued mln dlrs company companies produce and market microcomputer software reuter 
earn	franklin massachusetts sets monthly payout mthly div cts cts prior pay april reord april note franklin massachusetts insured tax free income fund reuter 
earn	franklin minnesota sets monthly payout mthly div cts cts prior pay april reord april note franklin minnesota insured tax free income fund reuter 
earn	franklin insured sets monthly payout mthly div cts cts prior pay april reord april note franklin insured tax free income fund reuter 
earn	franklin ohio sets monthly payout mthly div cts cts prior pay april reord april note franklin ohio insured tax free income fund reuter 
earn	franklin puerto rico sets monthly payout mthly div cts cts prior pay april reord april note franklin puerto rico tax free income fund reuter 
earn	franklin california sets monthly payout mthly div cts cts prior pay april reord april note franklin california insured tax free income fund reuter 
acq	canada stocks dome petroleum dmp dome petroleum shares moved higher and canada transcanada pipelines trp made billion canadian dlr bid for dome and dome talks two unidentified companies market speculation that two potential bidders not canadian companies and dupont conoco and atlantic richfield arc mentioned possibilities wilf gobert peters and dome rose american stock exchange transcanada pipelines york stock exchange dome active stock toronto exchange dlrs per share cts gobert characterized market action dome optimistic investors hoping for competing offer shareholders transcanada pipelines offer dome management not shareholders proposes issuing equity subsidiary that operate dome assets current dome shareholders pct subsidiary reuter 
earn	united telecommunications inc qtr net shr cts cts net revs mln mln avg shrs note per share results reflect payment preferred dividend requirements reuter 
earn	pennsylvania corp fpa qtr net shr cts cts net avg shrs mln mln note includes gains mln dlrs cts mln dlrs cts tax loss carryforwards reuter 
acq	clark copy international buys german stake clark copy international corp acquired majority interest datagraph gmbh lich west germany acquisition made clark copy majority owned subsidiary interactive computer aids norway price disclosed for acquisition clark copy worldwide sales for datagraph makes color graphics workstations mln dlrs for year ended dec reuter 
earn	entre computer centers inc etre qtr loss ended feb shr loss cts profit cts net loss profit revs mln mln six mths shr loss cts profit cts net loss profit revs mln mln reuter 
earn	gte gte cites loss sprint gte corp decline quarter net income reflects mln dlr loss pct share ownership sprint operations this loss increase mln dlrs loss reported operations gte owned year ago quarter and prior entering joint venture united telecommunications july joint venture each company owns pct sprint earlier company reported net income declined mln dlrs mln dlrs quarter year ago theodore brophy chairman gte expect sprint losses diminish this year customer traffic migrates fiber optic network for long distance telecommunications reason for higher losses reflect lower prices higher operating costs related part fraudalent use network operating income telephone operations account for pct total rose pct mln dlrs revenues telephone operations rose pct billion dlrs reuter 
earn	england savings bank nesb qtr net shr cts not net note converted stock ownership aug reuter 
earn	american national corp fnb qtr net net mln mln loans billion billion deposits billion billion assets billion billion note american national corp wholly owned subsidiary chicago corp reuter 
earn	astra share split widen foreign ownership astra asts proposing two for share split and issue june series foreign targeted shares lower voting rights part strategy internationalise company deal requires swedish government approval will raise percentage foreign voting rights allowed medical group pct pct astra extraordinary meeting astra board proposed creation free shares open foreign buyers tenth voting per share present astra stock consists series restricted shares and free shares reuter 
earn	corrected national westminster bank usa qtr net mln mln note national westminster bank plc subsidiary loan loss provision mln mln investment securities gains dlrs dlrs figures dollars corrects name subsidiary parent reuter 
earn	bancorp tone qtr net shr cts cts net avg shrs note includes gains mln dlrs dlrs benefit tax loss carryforwards includes operations bank hartford acquired feb year ago shr figures reflect for split april reuter 
acq	quest nqrlf makes bid for northair nrm quest resources inc will make takeover offer acquire shares northair mines basis quest share dlr for two shares northair quest plans bring northair willa mine nelson area british columbia into production quest recently acquired ton per day mill located area reuter 
earn	aristech ars qtr shr estimate aristech chemical corp chairman and chief executive officer thomas marshall analysts estimates fiscal year earnings dlrs dlrs per share addressing gathering analysts and institutional investors marshall that analysts estimates qtr earnings cts cts per share ballpark marshall full year estimates represent pct increase fiscal year net dlrs per share quarter estimates pct higher quarter net cts per share marshall attributibuted quarter earnings growth factors including sustained demand aristech major domestic markets and continued growth exports aristech plans spend approximately mln dlrs capital investments years marshall added reuter 
earn	united telecom reports sprint loss united telecommunications inc lower quarter earnings included loss dlrs equity sprint sprint formed july partnership combined united telecommunications long distance voice and data operations gte corp gte earlier united telecommunications reported quarter earnings mln dlrs cts share compared mln dlrs cts share year ago revenues declined mln dlrs mln dlrs united telecommunications transition sprint nationwide fiberoptic network proceeding ahead schedule transition fiber network interim networks not reduce operating costs second half assist controlling unauthorized network use reuter 
earn	brand companies bran sees quarter loss brand companies inc expects report quarter loss cts share revenues mln dlrs quarter brand reported earnings cts revenues mln dlrs reason for expected loss final quarterly results will reported end month beginning company spokesman reuter 
trade	february trade reported basis february monthly merchandise trade figures reported tuesday commerce department will basis reflecting recent data avoiding future revisions monthly figure commerce officials january deficit billion dlrs will revised february figure will final officials previously initial monthly figure had revised subsequent months time lag report and compiling final estimates imports and exports reporting february trade data delayed weeks permit gathering latest figures imports and exports give clearer picture monthly trade balance reuter 
acq	boothe bcmp makes acquisition boothe financial corp diversified holding company acquired robert half and accountemps franchises england including offices boston and eastern massachusetts and office providence boothe previously announced purchase robert half international inc franchisor robert half and accountemps offices company aggregate purchase price paid for robert half international and franchises mln dlrs reuter 
acq	atlantic financial atlf acquire and atlantic financial signed definitive agreement acquire centurion savings and loan association atlantic not disclose purchase price atlantic originally announced intention acquire centurion located los angeles feb centurion assets mln dlrs atlantic reuter 
acq	gaf gaf raising borg warner bor bid gaf corp set acquiring borg warner corp valuable plastics business believed analysts preparing increased offer for chicago based company yesterday borg warner agreed acquired for billion dlrs company formed merrill lynch capital partners merrill offered dlrs cash per share for pct borg warner common stock and package cash and securities for balance borg warner stock rose stock price telling gaf coming another bid analyst values company dlrs per share gaf offered dlrs per share holds pct borg warner stock you cat and mouse game you price pay you gaf company that worth pershing and analyst richard henderson henderson estimated worth abouth dlrs per share gaf reviewing situation merrill lynch officials not return phone calls analysts gaf chairman samuel heyman sought borg warner chemicals and plastics business rigid plastics used such things telephones computer terminals and appliances heck can you buy world class chemical operation days henderson heyman bucks heavy hitter and not pushed henderson gaf roofing and chemicals concern attempted takeover larger union carbide corp two years ago gaf not win company made substantial gain investment carbide analysts gaf large profit built into borg warner holdings even gaf raises offer and not succeed higher bid another company give gaf millions dollars profits stock win win situation analyst analyst speculated offer gaf forthcoming shortly finally final paragraph this book borg warner businesses include automotive parts protective services includes wells fargo security guards and chilton corp credit rating service charles rose oppenheimer and analyst follows gaf gaf sell into merrill lynch offer realize mln dlrs net profit per share probability price rose rose not predict heyman sam low risk high return player build major industrial chemical enterprise investment bank rose analysts borg warner chemical business add earnings momentum gaf worked that paying dlrs per share additive gaf time sold chemical facilities john henry hutton borg warner chemical and plastics business provided operating profits mln dlrs revenues billion dlrs total operating profits mln dlrs and net earnings mln dlrs for borg chemical business great rose adding competitors monsanto mct and dow chemical dow reuter 
earn	pueblo international inc pii sets payout qtly div cts cts prior pay june two record april reuter 
acq	gen term corp acquires private firm gen term corp entered into escrow for mln dlr purchase lewis westco and privately held bottler and distributor wines and distilled spirits lewis westco had sales mln dlrs for fiscal year ended june gen term separately gen term trades counter plans apply for nasdaq listing completes acquisition reuter 
earn	and clothiers inc jan year net shr dlrs cts net sales mln mln reuter 
acq	ccx network ccxn make acquisition ccx network inc entered into letter intent acquire privately held modern mailers inc and affiliate anwalt inc for dlrs common stock company modern mailers had revenues dlrs for year ended october and computer service computer printing and lettershop facilities reuter 
earn	personal computer products pcpi expects loss personal computer products inc expects report loss dlrs quarter ended march compared year ago loss quarter dlrs revenues quarter expected dlrs compared dlrs year earlier for months ended march personal computer expects net loss dlrs compared loss dlrs previous year revenues months expected dlrs compared year ago company will report earnings reuter 
earn	great northern nekoosa qtr shr dlrs cts 
acq	gander gndr buys western wear retailer gander mountain inc acquired privately held western ranchman outfitters catalog and point purchase retailer western apparel based cheyenne wyo western ranchman had sales for year ended jan mln dlrs purchase made for undisclosed amount cast reuter 
earn	great northern nekoosa gnn qtr net shr dlrs cts net mln mln revs mln mln avg shrs mln mln note figures restated for adoption financial accounting standards board statement employer accounting for pensions net and includes dlrs investment tax credits and mln dlrs reuter 
earn	american health properties inc ahe qtr shr cts net revs note company began operating february reuter 
earn	wells fargo and qtr shr dlrs dlrs 
earn	wells fargo and wfc qtr net shr dlrs dlrs net mln mln avg shrs loans billion billion deposits billion billion assets billion billion reuter 
earn	comerica inc cmca qtr net shr dlrs dlrs shr diluted dlrs dlrs net avg shrs loans mln mln deposits billion billion assets billion billion note per share results reflect payment preferred dividends reuter 
earn	champion products sets pay date for split champion products inc two for stock split declared february will payable april shareholders record april reuter 
earn	spearhead industries inc sprh qtr net periods ended feb shr cts cts net sales mln mln avg shrs mths shr cts cts net sales mln mln avg shrs reuter 
earn	kdi corp kdi qtr march shr cts six cts net mln revs mln mln reuter 
acq	nabisco rjr unit sells cigar business rjr nabisco inc reynolds tobacco usa unit reached definitive agreement sell winchester cigar business tobacco exporters international usa atlanta subsidiary rothman international plc terms not disclosed last week reynolds announced sale smoking tobacco brands brands and winchester represent pct reynolds tobacco usa total sales billion dlrs reynolds sale expected completed april company planned concentrate resources manufacture and sale cigarettes reynolds that winchester introduced dominant brand cigar market reuter 
earn	software services america inc ssoa net qtr feb shr profit cts loss cts net profit loss revs mths shr profit cts profit two cts net profit profit revs reuter 
acq	gander mountain gndr buys western wear firm gander mountain inc acquired privately held western ranchman outfitters cheyenne wyo retailer and catalog seller western apparel terms not disclosed western ranchman had sales mln dlrs for year ended jan company gander mountain sells brand name hunting fishing and outdoor gear catalogs reuter 
earn	health and rehabilitation hrp sets divi health and rehabilitation properties trust declared initial dividend cts per share for quarter ending march dividend payable shareholders record april dividend includes cts attributable period dec and and cts attributable quarter ending march reuter 
earn	utah power and light utp qtr net shr cts cts net mln mln revs mln mln avg shrs mln mln mths shr dlrs dlrs net mln mln revs mln billion avg shrs mln mln note mth net includes mln dlr charge due december provision for coal mining operations refund reuter 
acq	ericsson ericy buy rest spanish unit ericsson sweden agreed principle buy pct intelsa spanish unit that not telefonica spain telecommunications administration terms agreement not disclosed ericsson intelsa controls pct spanish telephone switch market employees and annual sales mln crowns mln dlrs purchase will not affect close working relationship telefonica and intelsa ericsson reuter 
earn	computrac llb sees lower quarter net computrac inc expects quarter earnings pct year ago last year quarter ended april computrac earned dlrs revenues mln dlrs company sales commitments hand pct year ago system sales revenues recognized shipment and pct sales commitments hand will ship period outlook for year remains unchanged reuter 
acq	nova nva not planning dome dmp bid nova alberta corp chief executive robert blair expressed hope that dome petroleum dmp remains canadian ownership added that company plans bid for debt troubled dome plan bid blair told reporters speech business group stressed that nova and pct owned husky oil hyo interested dome extensive western canadian energy holdings interested can sometimes making bid blair transcanada pipelines trp yesterday bid billion dlrs for dome dome discontinuing talks transcanada and proposal another company and talking another buyer rumored offshore asked reporters dome remain canadian hands blair replied that building canadian position this industry can and dome ends hands canadian management not bidders blair that move put dome financial house order will remove general problems attitude that hung western canadian industry added that energy industry faced couple tough tough additional years asked nova prospects blair predicted that nova net profit rise this year mln dlrs last year net profit mln dlrs due improved product prices and continued cost cutting reuter 
acq	montauk securities merger deal montauk securities corp reached preliminary merger agreement mcc presidential inc company mcc shareholders pct stake combined company and receive cash distribution cts per share reuter 
earn	barnett banks florida inc bbf qtr net shr cts cts net mln mln avg shrs mln mln reuter 
earn	golden west financial corp gdw qtr net shr dlrs dlrs net loans billion billion deposits billion billion assets billion billion note current qtr figures include mln dlr charge resulting penalties for prepayment fhlb borrowings reuter 
earn	honeywell inc hon qtr oper net oper shr cts cts oper net mln mln sales billion billion note sales includes operations sperry aerospace operating net excludes charge discontinued operations mln dlrs cts share reuter 
earn	wall street stocks browning ferris bfi environmental protection agency mln dlr suit browning ferris industries inc bfi unit cecos international inc caused stock drop today analysts stock fallen today news suit released this morning potentially big suit and investors feel that not good regulators kenneth leung smith barney analyst investors selling bfi shares cloud this industry threat that epa will tough waste management companies willard brown senior analyst for albany corp investors that waste management companies that kind exposure regulatory suits brown brown suit settled for mln dlrs impact browning ferris earnings leung that browning ferris adequate cash reserves cover fine impact earnings whatsoever reuter 
earn	chronar corp crnr year loss shr loss cts loss cts net loss loss revs mln mln avg shrs note net includes dlrs increased provisions for uncollectible receivables affiliates lower recoverable inventories and writeoffs capitalized costs discontinued projects dlr provision for resolution shareholder class action suit and gain dlrs repurchase manufacturing equipment reuter 
acq	empire empa buy sobeys sysa stock empire will acquire shares sobeys stores not arrangement approved directors companies holders sobeys class voting shares and class common shares elect receive voting class empire shares voting class empire share and half pct redeemable retractable preferred share preferred share par dlrs and retractable holder option reuter 
earn	international research irdv qtr net shr six cts cts net revs note international research and development corp full name company reuter 
acq	corrected goodyear sell celeron goodyear tire and rubber expects sell celeron corp oil and gas subsidiary for two billion dlrs two months company annual meeting rober mercer goodyear chairman and chief executive officer goodyear expects report profit dlr share continuing operations quarter year ago period goodyear reported loss cents share continuing operations mercer companies interested buying celeron and form consortium buy unit reuter 
earn	int research development irdv qtr net shr six cts cts net revs note full name international research and development corp reuter 
earn	bank england corp qtr shr dlrs cts 
earn	honeywell hon cites cost cutting for gain honeywell inc gain pct quarter operating earnings result cost cutting efforts began last year honeywell reported quarter operating earnings rose mln dlrs cts share mln dlrs cts period year ago operating results each company sectors offset higher interest costs quarter due financing december acquisition sperry aerospace and sharing federal systems subsidiary pre tax profit honeywell bull inc honeywell quarter results show clear benefits restructuring chairman edson spencer businesses producing results last year even not significant improvement external market environment total orders quarter substantially sharp increase aerospace and defense orders addition sperry aerospace group domestic industrial automation and control orders modestly higher period orders honeywell home and building automation and control business flat and international markets international orders increased greatest strength europe honeywell company that year end intends complete repurchase mln shares remaining mln share buyback program began reuter 
earn	mgm communications mgm qtr feb loss shr loss cts net loss mln profit mln revs mln mln six mths shr loss cts net loss mln profit mln revs mln mln note company year ago per share not not comparable due allocations expenses turner entertainment group not made subsequent periods results reflect tbs merger agreement and operations company independent agent data includes extraordinary tax loss carryforward gains dlrs qtr and six mths reuter 
earn	interfirst corp qtr loss cts profit cts 
crude	kuwaiti daily opec credibility stake opec credibility faces fresh scrutiny coming weeks amid signs significant rise supplies oil international oil markets kuwait daily qabas article headlined gulf oil sources middle east production mln bpd warned opec official prices face fresh pressure international oil companies seeking cheaper supplies not whether opec opec and producers reported rise mideast output sources official contacts sources credibility opec come fresh scrutiny today monday activity european and american markets daily sources quoted that opec had march demonstrated commitment quota agreements members had raised output last week gave details dealers oil markets waiting opec control production whether days cheating and producing quotas begun anew sources warned that price barrel oil will fall below perhaps dlrs this week control supplies sources believed return oil below dlrs barrel open doors for international oil companies pressure opec contract prices similar struggle last march apparently referring resistance buyers lift qatar gave price discounts official warned opec find solidarity scrutiny end april start noting demand fell onset summer reuter 
earn	willamette industries wmtt qtr net shr cts cts net mln sales mln mln note per share figures reflect april stock split full year figures not reuter 
earn	marine midland banks inc qtr dlrs dlrs 
earn	american century act restates earnings american century corp restated earnings for fiscal year ended june provide additional mln dlrs loan loss allowance causing restated year end net loss dlrs dlrs company change talks securities and exchange commission company judgement mln dlrs collectible note financial statement american century considered mln dlrs collectible making loan loss provision required company spite sec decision feels allowance for loan losses june adequate and that considered relevant information determine collectibility mln dlr receivable continued disagreement sec staff not interest reuter 
earn	interfirst corp ifg qtr loss shr loss cts profit cts net loss mln profit mln assets billion billion deposits billion billion loans billion billion note net includes securities gains mln mln net charge offs totaled mln mln provisions for loan losses mln mln performing assets totaled billion mln reuter 
earn	marine midland banks inc qtr net shr dlrs dlrs net mln mln assets billion billion deposits billion billion loans billion billion note qtr includes pre tax provision mln dlrs resulting mln dlrs tax loss for reserve interest due medium and long term brazilian loans net investment gains for qtr mln dlrs versus gain mln last year quarter provision for loan losses quarter mln dlrs mln dlrs prior quarter reuter 
acq	fourth national corp stake acquired fourth national corp investor group led management acquired pct stake company interfirst corp ifc dallas bank holding firm fourth national spokesman deal for cash not disclose amount fourth national bank holding company mln dlrs assets statement that will continue operate subsidiaries and retain employees reuter 
acq	del webb wbb unit sells joint venture stake del webb corp del webb properties corp unit sold half interest acre towne meadows mixed use development mesa and gilbert ariz klukwan inc alaskan native cooperative terms sale not disclosed webb had half interest venture reuter 
earn	bank england corp bkne qtr shr dlrs cts net mln mln reuter 
earn	canandaigua wine inc cdg qtr net qtr ended feb shr cts cts net revs mln mln six mths shr cts cts net revs mln mln reuter 
earn	national city corp qtr shr primary cts cts 
earn	florida progress corp fpc qtr net shr cts cts net mln mln revs mln avg shrs mln mln months shr dlrs dlrs net mln mln revs billion billion avg shrs mln note quarter profits restated cent share result previously reported pooling interests merger mid continent life insurance reuter 
earn	national city bancorp ncbm qtr net shr cts cts net reuter 
earn	oneok inc oke qtr feb net shr dlrs dlrs net mln mln revs mln mln mths shr dlrs dlrs net mln mln revs mln mln note company reports earnings qtrly and includes previous mths figures reuter 
crude	texaco oil flows established texaco inc established key oil supply lines yesterday court filing for protection chapter bankrupcty code elton yates texaco coordinator worldwide operations companies willing start trading yates told reuters interview company last week had stated that number domestic and international oil suppliers demanding cash for oil shipments and cases had cut supplies altogether banks had cut credit lines court filings manufacturers hanover corp mhc and banks told texaco cut billion dlr credit line texaco court filing chase manhattan corp cmb and morgan jpm morgan guaranty trust asked for deposits cover transactions severe conditions suppliers and creditors arose unfavorable ruling last monday supreme court texaco ongoing dispute pennzoil pzl acquisition getty oil high court texas courts texaco plea cut billion dlr bond appealing case suppliers stayed long elton monday supreme court ruling texaco suppliers began demanding cash and halting supplies wasn last wednesday that turned into avalanche supplies cut point not run system anywhere capacity half texaco oil supplies had jeapordy cut produced severe shortages mid situation appears severe elton that sonatrach algerian national oil company canceled future deliveries crude oil and natural gas occidental petroleum oxy demanded cash for crude and atlantic richfield arc asked for special safeguards company british petroleum plc last week refused accept order for fuel oil yates today big company fact supplying had cancelled last week declined identify company petroleos venezuela venezuelan state oil company that supplies large portion texaco oil halted shipments two weeks ago yates added that texaco expected meet venezuelans today attempt reestablish that key supply line talks expected place algerians added bankruptcy specialists likely texaco chapter filing company secure credit lines and oil supplies that key company business will business usual for texaco martin klein bankruptcy attorney york law firm dreyer and traub creditors nervous bunch people dust settles will reevaluate situation and will likely extend credit chapter company officials texaco not immediately whether discussions held banks whether credit lines had reestablished reuter 
earn	national city bancorp ncbm pct dividend national city bancorp directors annual meeting declared pct stock dividend payable record april reuter 
earn	flagler bank corp flgla qtr net shr cts cts net assets mln mln deposits mln mln loans mln mln note per share amounts adjusted for stock dividends reuter 
earn	national city corp ncty qtr net shr primary cts cts shr diluted cts cts net mln mln avg shrs mln mln assets billion billion deposits billion billion loans billion billion return assets pct pct note net includes securities gains cts shr two cts net includes loan loss provision mln mln net charge offs totaled mln brining loan loss reserve end qtr mln reuter 
earn	bank england bkne post pro forma net bank england corp reported that pro forma quarter earnings reflect combined operations pending merger conifer group rose mln dlrs cts share mln dlrs cts share merger expected close april earlier bank england reported quarter net income not taking merger into account rose dlrs cts share note quarter not include restatement recent acquisitions restatement net income mln dlrs pro forma quarter results include nonrecurring merger expenses mln dlrs excluding expenses growth operating expenses combined companies reduced pct pct quarter loans and leases increased pct billion dlrs and deposits grew pct billion dlrs provision for credit losses mln dlrs quarter compared mln dlrs last year net charge offs mln dlrs mln dlrs reuter 
earn	burnham american propoerties bapyz qtr qtr ended march net revs six mths net revs note per share data not not comparable net figures depreciation reuter 
acq	canada wilson comment dome dmp finance minister michael wilson early comment tax implications transcanada pipelines billion dlr offer for dome petroleum specific offer transcanada made and don details elements proposal wilson told house commons daily question period opposition parties questioning wilson loss tax revenue takeover completed large tax credits held dome reuter 
acq	dauphin deposit dapn acquire colonial dauphin deposit corp signed definitive agreement acquire colonial bancorp inc agreement calls for colonial merged into dauphin deposit corp and colonial subsidiary holland farmers national bank merged into dauphin deposit bank and trust lead bank dauphin deposit corp company shareholders colonial will receive and shares dauphin common stock for each share colonial depending dauphin current market dec colonia bancorp had assets mln dlrs dauphin reuter 
crude	kuwaiti daily opec credibility stake opec credibility faces fresh scrutiny coming weeks amid signs significant rise supplies oil international oil markets kuwait daily qabas article headlined gulf oil sources middle east production mln bpd and markets witness surplus amid whispers return cheating days warned opec official prices face fresh pressure international oil companies seeking cheaper supplies not whether opec opec and producers reported rise mideast output sources official contacts sources credibility opec come fresh scrutiny monday activity european and american markets sources quoted that opec had march demonstrated commitment quota agreements members had raised output last week gave details dealers oil markets waiting opec control production whether days cheating and producing quotas begun anew reported sources warned that price barrel oil will fall below perhaps dlrs this week control supplies sources believed return oil below dlrs barrel open doors for international oil companies pressure opec contract prices similar struggle last march apparently referring resistance buyers lift qatar gave price discounts official warned opec find solidarity scrutiny end april start noting demand fell onset summer reuter 
crude	doe resolves issues royal dutch unit energy department had approved final form agreement that resolves remaining issues shell oil oil pricing and allocation controls that ended agreement royal dutch shell group unit agreed pay mln dlrs settle refiner pricing issues and mln dlrs settle crude oil pricing issues doe doe that making pact final modified reflect shell compliance tertiary incentive program provision not version published last dec reuter 
acq	cellular communications comm closes buyout cellular communications inc that unit purchased pct interest cincinnati wireline cellular system result transaction company owns pct system cincinnati reuter 
earn	athlone industries inc ath sets qtly dividend qtly div cts cts prior pay record reuter 
earn	federal savings bank ffsd qtr net qtr ended march shr cts net six mths shr dlrs net note bank public dec reuter 
earn	plantronics inc plx qtr march net shr cts cts net sales mln mln mths shr dlrs dlrs net sales mln mln note current qtr and mth net include dlr gain asset sales prior mth net includes mln dlr asset sale gain reuter 
acq	gaf gaf seeks information borg warner bor gaf corp exploring options response merrill lynch capital partners billion dlr offer for borg warner corp and asked for information that supplied merrill lynch gaf spokesman company asked for information order enable gaf fully evaluate alternatives spokesman confirmed that gaf raise bid dlrs cash dlrs per share friday merrill offering dlrs per share cash for pct borg warner and package cash and securities for balance transaction merrill lynch will borg warner private form leveraged buyout merrill lynch not intend sell borg warner assets forced financing deal sources familiar transaction borg warner management not participant transaction managers will retain positions investors involved merrill include pension funds insurance companies and institutional investors sources analysts gaf owns pct borg warner will raise offer that speculation drove borg warner stock heavy trading gaf closed reuter 
crude	abu dhabi marketing not breaching opec pact senior abu dhabi oil official remarks published today emirate largest producer united arab emirates uae succeeding marketing crude oil breaching opec accords khalaf oteiba marketing director abu dhabi national oil adnoc told company petroleum community magazine adnoc keen good customer relations company will maintain dialogue and care for customers accordance market conditions and steps guarantee marketing production present oil marketing policy adnoc based adherence opec decisions december control production and establish pricing system attempt stabilize market added opec agreed last december limit production mln bpd and return fixed prices averaging dlrs barrel oteiba stabilization oil market future depended discipline opec showed oteiba last year world oil prices dropped adnoc difficult practical and flexible pricing policy implemented relate changed market environment crude oil sales last year jumped average bpd pct exported refined product sales totalled mln metric tonnes pct exported adnoc marketed total bpd crude oil and mln tonnes refined products reuter 
earn	rhnb corp rhnb qtr net shr cts cts net loans mln mln deposits mln mln assets mln mln reuter 
acq	kraft kra completes acquisition kraft inc completed acquisition holleb and foodservice distributor based bensenville ill terms withheld holleb sales mln dlrs reuter 
earn	america bank inc fabk qtr net shr dlrs dlrs net avg shrs loans billion billion deposits billion billion assets billion billion reuter 
earn	lomak petroleum inc lomk year loss shr loss cts loss cts net loss loss revs mln mln acg shrs mln mln reuter 
acq	newmont nem stake pont declines newmont mining corp held pont shares pct outstanding end shares pct outstanding held year earlier newmont annual report corrects march item show holdings decreased reuter 
earn	bankeast corp benh qtr net shr cts cts net assets billion mln deposits mlnvs mln loans mln mln note results restated reflect acquisition united banks corp reuter 
earn	ust corp utsb qtr net shr cts cts net assets billion billion deposits billion billion note results restated reflect pct stock dividend reuter 
earn	central ill public service cip qtr net shr cts cts net revs mln mln note full name central illinois public service per share results reflect payment preferred dividends reuter 
acq	thera care inc acquire cushing thera care inc agreed acquire cushing and associates glendale calif exchange for thera care shares reuter 
acq	interco iss completes lane lane acquisition interco inc shareholders and lane approved merger two companies special meetings previously announced lane shareholders will receive shares interco common stock for each share lane stock held interco merger becomes effective april reuter 
acq	hmo america hmoa agrees acquired hmo america inc signed letter intent mount sinai medical center and affiliate providing that common and preferred stock acquired not for profit company controlled mount sinai and chicago area not for profit hospitals elect participate acquisition form transaction not determined terms hmo shareholders receive combination cash and debt securities issued buyer exchange for outstanding shares common and preferred stock amount cash per share not determined added arrangements for financing not made and can assurance that financing will received hmo closing proposed transaction completed expected november reuter 
earn	everest and jennings qtly dividend shr cts cts prior qtr pay record april reuter 
earn	group inc psg qtly dividend shr cts cts prior qtr pay record april reuter 
acq	dome dmp benefits takeover speculation shares dome petroleum posted biggest gain months and canada stock markets foresaw takeover tug war beginning for debt heavy company dome rose american stock exchange and gained cents canadian dlrs toronto stock exchange active stock rose high dlrs toronto day recent months dome moved cents per day transcanada pipelines yesterday announced billion dlr canadian billion bid for dome assets dome based calgary alberta talking two companies refuses identify market analysts today two firms believed foreign oil companies noting that transcanada yesterday stressed that bid canadian solution financial difficulties dome petroleum talk conoco controlled dupont and atlantic richfield arc sold canadian interest and getting back wilf gobert peters and david bryson moss lawson and noted that british petroleum plc mentioned buyer despite dlr per share bid two weeks ago for percent standard oil srd not calgary based independent analyst james hamilton recent reports that amoco corp talks dome representatives atlantic richfield british petroleum conoco and amoco not immediately for comment gobert characterized market action dome today optimistic transcanada offer give current dome shareholders stock subsidiary valued dlrs canadian per common share offer current dome common and preferred shareholders pct subsidiary and operate dome assets transcanada pct bryson market potential for shares publicly traded subsidiary transcanada offer quite bit upside potential for dome gobert believes transcanada offer upper end thought pay for dome transcanada proposal pay dome creditors billion canadian dlrs billion dlrs another billion canadian dlrs mln dlrs secured creditors dome subsidiary earns profits level transcanada not detail profit level dome seeking restructure six billion canadian dlrs billion dlrs debt years ago oil prices high and company wanted expand speculation that dome assets capable supporting debt billion dlrs that basis transcanada offer upper end that gobert dome debt troubles obscured fact that major player canadian oil and gas field holds reserves mln barrels crude oil and billion cubic feet natural gas company owns interest mln acres oil and gas exploration land province alberta heart canada oil industry dome owns interest total mln acres land across canada company tax credits billion dlrs canadian billion dlrs reported loss billion dlrs billion dlrs believed largest canadian company reuter 
interest	bill auction rates average pct treasury weekly auction month bills produced average rate pct pct rate six month bills rates compared averages pct for and pct for six month bills sold last week bond equivalent yield month bills pct accepted bids ranges pct and pct bids high stopout rate for six months yield pct and bids ranged pct pct pct bids accepted treasury received billion dlrs bids for month bills including billion dlrs competitive bids public accepted billion dlrs bids including billion dlrs federal reserve and mln dlrs foreign and international monetary authorities billion dlrs bids for six month bills received including mln dlrs competitives treasury accepted billion dlrs including billion dlrs fed and billion dlrs foreign and international authorities average price for month bills and prices ranged average price for six months bills and prices ranged average yield month bills highest since pct june average yield six month bills highest since pct june reuter 
acq	group raises computer memories cmin stake shareholder group led hills investor natalie koether raised stake computer memories inc shares pct total outstanding shares pct filing securities and exchange commission group includes sun equities corp investment firm bought net computer memories common shares since march prices ranging dlrs share for capital appreciation group had earlier abandoned plans seek control company and lowered stake pct reuter 
acq	hong kong firm pct mcgill mgll industrial equity pacific told securities and exchange commission acquired shares mcgill manufacturing inc pct total outstanding common stock industrial equity principally owned brierley investments publicly held zealand firm bought stake for mln dlrs for investment purposes add stake sell plans seek control company reuter 
earn	montgomery street income mts qtr net shr cts cts net note full name montgomery street income securities inc reuter 
acq	northair nrm opposing norquest nqrlf bid northair mines oppose quest resources inc earlier reported proposed takeover bid means disposal this attempt property grab insult intelligence shareholders quest offer swap quest share dlr for two northair shares dilute northair equity willa mine british columbia company sound financial position and production financing can readily arranged required not for partner and wouldn guys northair reuter 
acq	texas air tex unit completes system sale texas air corp eastern airlines completed previously announced plan sell travel agency automation system systemone direct access inc and computer and communications support unit eal automation systems inc systemone corp wholly owned subsidiary texas air corp reuter 
earn	ncnb corp ncb qtr net shr cts cts net mln mln assets billion billion loans billion billion deposits billion billion reuter 
acq	investment firm pct blasius blas fidelity international bermuda based investment advisory firm and affiliated investment firm american values iii acquired share blasius industries inc filing securities and exchange commission group bought stake amounts pct total outstanding common stock acquire equity interest company for investment purposes group raise stake sell and plans seek control company reuter 
earn	isc systems iscs qtr march net shr cts cts net revs mln mln mths shr cts cts net revs mln mln reuter 
acq	adams russell aar acquire cable systems adams russell inc agreed acquire cable television systems serving customers york state sammons communications inc for undisclosed terms adams russell systems operate wellsville amity andover scio willing belmont milo jerusalem benton and penn yan reuter 
earn	independent bank corp ibcp qtr net shr cts shr cts net reuter 
crude	gulf canada goc acquires suez oil stake gulf canada corp acquired pct working interest gulf suez oil concession for undisclosed terms company agreement operator conoco hurghada inc and hispanoil covered acre east hurghada offshore concession mln dlr program planned for acquisition subject egyptian government approval working interests hurghada block will conoco hurghada pct hispanoil pct and gulf canada balance reuter 
earn	convergent technologies cvgt sees qtr loss convergent technologies inc expects report quarter loss twice size mln dlr loss reported fourth quarter convergent reported quarter profit dlrs cts per share company results declined quarter traditional oem business and business systems group anticipated loss reflects lower expected operating margins start costs for product manufacturing and higher planned expenses reuter 
acq	interco iss shareholders approve merger interco inc shareholders and shareholders lane lane approved merger two companies merger lane stockholders will receive shares interco common stock for each outstanding share lane common stock interco reuter 
earn	john harland qtr net shr cts cts net mln revs mln mln reuter 
earn	travelers realty income investors qtr net shr cts cts qtrly div cts cts prior net note dividend payable shareholders record april reuter 
acq	dotronix inc dotx buy video monitors dotronix inc agreed principle buy video monitors inc privately held company payment for acquisition dotronix will issue unregistered shares common stock notes worth mln dlrs payable years and dlrs cash dotronix video monitors sales for fiscal year ended april mln dlrs dotronix had income dlrs sales mln dlrs for six months ended dec previously reported reuter 
earn	develcon electronics dlcff qtr loss period ended feb shr loss cts loss cts net loss revs six mths shr loss cts loss cts net loss loss revs reuter 
crude	texaco filing adds uncertainty oil market oil traders texaco inc filing for protection chapter bankruptcy code adding uncertainty skittish oil market opinions divided impact market filing holding wet barrel trading today trader talking assessing company situations relation texaco added traders companies that deal texaco concerned whether will receive payment supplies bankruptcy filing worried paid will trading community and connected texaco shipping industry york trader texaco doesn crude supplies can run refineries assets not worth added texaco filed for protection chapter bankruptcy code yesterday failing reach settlement pennzoil billion dlrs court award for illegally interferring pennzoil proposed purchase getty oil worried paid will trading community and connected texaco shipping industry york trader texaco doesn crude supplies can run refineries assets not worth added texaco filed for protection chapter bankruptcy code yesterday failing reach settlement pennzoil billion dlrs court award for illegally interferring pennzoil proposed purchase getty oil reluctance trade texaco great change another trader adding that traders tending prudence dealings company traders assessing whether require cash prepayment letters credit continue trade usual texaco open line basis another trader described today activity business usual adding that traders feel secure liens can put texaco assets bankruptcy traders apparent effect texaco filing crude futures trading exchange lower texaco position limit and require higher margins for texaco trades york mercantile exchange president rosemary mcfadden declined comment texaco futures trading that proprietary information mcfadden that matter procedure exchange can lower allowable position limits increase margin requirements for companies that financial trouble reuter 
earn	valley national corp vncp qtr net shr dlrs dlrs net mln mln assets billion billion deposits billion billion net loans billion billion reuter 
earn	otter tail power ottr sets dividend qtly dividend cts cts pay june record reuter 
acq	merrill mln dlr fee borg bor deal merrill lynch and inc mer subsidiary seeking borg warner corp realize mln dlr fee for efforts whether not deal values billion dlrs succeeds filing securities and exchange commission merrill lynch capital partners inc receive mln dlr fee surviving company for acting dealer manager merger borg warner deal completed receive break fee mln dlrs deal fails for reasons include another party holding pct stock tendering for pct mln dlr fee highest set tender offer agreement compensation for dealer manager services for break deal merrill lynch capital markets backed group investors organized launched dlr share tender offer for borg warner for pct stock company board approved plan intended thwart unsolicited offer gaf corp borg warner agreed redeem outstanding series preferred shares and pay options dlr share exercise price merger effective merrill lynch representatives discussed leveraged buyout borg warner early last december that time merrill lynch told company dlr share tender offer cash and securities borg warner board approved feb told company had decided buyout talks revived gaf launched dlr share proposal march merrill lynch unlike earlier proposal merrill lynch borg warner management asked not part deal and conditioned payment fees addition fees merrill lynch will mln dlrs borg warner cover expenses tender offer merrill lynch continue operating borg warner subsidiary current officers keeping positions for flexibility purposes merrill lynch redistributing borg warner assets number subsdiaries entity created carry merger merrill lynch estimated that mln dlrs fees and expenses connected deal another mln dlrs will needed repay debt borg warner merrill lynch finance deal merrill lynch expects borrow billion dlrs group banks and sell mln dlrs common stock company sell mln dlrs voting preferred stock company merrill lynch and sell mln dlrs subordinated notes merrill lynch and and sell public mln dlrs subordinated discount debentures gaf raised offer dlrs share cash reuter 
acq	chrysler profit group sells unit chrysler corp chrysler motors corp chrysler training corp profit organization sold name and assets motech auto mechanic and body shop schools corp troy mich sale price not disclosed internal revenue service code proceeds sale motech donated another tax exempt nonprofit organization chrysler not reveal name group that received proceeds reuter 
earn	potlatch corp pch qtr net shr cts cts net mln mln sales mln mln reuter 
acq	diceon electronics dicn buy symtron corp diceon electronics inc entered agreement principal buy closely held symtron corp stock exchange transaction pact diceon exchange shares stock for symtron shares acquisition subject board approval and definitive agreement expected concluded diceon symtron management continue running business become wholly owned subsidiary symtron had sales mln dlrs reuter 
crude	ecuador will resume limited oil production ecuador will resume limited crude output week fill storage tanks step pump oil colombian pipeline state ecuadorean petroleum corp cepe cepe manager carlos romoleroux told reporters that ecuador begin pumping unspecified amount crude northeastern jungle oilfields end week preparation send oil pipeline link neighbouring colombia oil production ecuador halted march earthquake damaged country main pipeline lago agrio heart ecuadorean jungle oilfields pacific port balao will end july repair pipeline and return output normal levels country pumping bpd and bpd tremor resume limited output meantime ecuador constructing mile pipeline linkup capable carrying bpd lago agrio puerto colon starting point colombia pipeline pacific port tumaco original target date resume limited crude output scheduled date for inauguration lago agrio puerto colon pipeline energy ministry spokesman reuter 
trade	miyazawa sees eventual lower trade deficit japanese finance minister kiichi miyazawa told press conference expects trade deficit eventually start reflecting economic fundamentals influence exchange rates minister not referring trade data released washington today miyazawa told major industrial nations washington last week that present exchange rates not necessarily good had earlier washington that current exchange rates levels implied february paris currency accord reuter 
acq	talks set proposed japan telecom merger formal talks scheduled companies involved controversial proposal merge two groups seeking enter japan international telecommunications sector official group nothing firmed official international digital communications planning inc idc groups set last year study competing kokusai denshin denwa monopolises sector britain cable and wireless plc cawl holds pct share idc opposed plans merge rival group international telecom japan inc plan backed post and telecommunications ministry cable and wireless and based pacific telesis international inc become core companies merged firm shares equal six major japanese core companies and seats board directors britain angry feels moves restrict cable and wireless role sector views issue test case idc official declined holding talks spokesman for itoh and citt holds pct idc meeting held this week reuter 
money-fx	bank japan intervening support dollar yen dealers 
acq	bank china buys share luxembourg company state owned bank china bought pct share baii holding financial institution registered luxembourg china daily business weekly institution pct owned arab interests and set wholly owned commercial banking branch hong kong gave details reuter 
crude	saudi arabia increase oil sales japan saudi arabia hopes increase volume oil exports japan expanding bilateral trade saudi arabian interior minister naif bin abdul aziz told tokyo reception country hopes raise crude and products exports japan earlier levels not elaborate promote trade saudi arabia inviting japanese industries business japanese firms long term contracts import total barrels per day saudi crude reuter 
money-fx	japan ldp call for flexible monetary policies japan ruling liberal democratic party ldp will call for adequate and flexible management nation monetary polices plan expand domestic demand senior ldp official told reuters junichiro koizumi head ldp committee working plan phrase not implying cut japan pct discount rate ldp generally believes that for discount rate cut moment koizumi ldp not rule rate cut future bank japan governor satoshi sumita told press conference wednesday that central bank not intention easing credit conditions reuter 
trade	japan details plan stave trade problems japan liberal democratic party ldp drawn detailed plan calling for large tax cuts and increase government purchases foreign goods head committee working plan junichiro koizumi plan will urge government double official development assistance billion dlrs years government had promised senior ldp officials press conference ldp executive council chairman shintaro abe will explain plan officials visits april abe visit prepare for prime minister yasuhiro nakasone talks president ronald reagan this month koizumi ldp plan will not size tax cut amount domestic demand stimulated top ldp executives will work figures that abe will offer specifics officials proposed increase procurement foreign goods government will include purchase super computers ldp officials specific trade problems nations and will encourage flows funds developing countries officials ldp expects measures prop economy and lessen trade problems added basic ideas ldp plan presented and welcomed monetary authorities major industrial nations washington last week ldp plan will form basis for last packages stimulate japanese domestic demand and will unveiled government late reuter 
trade	japan farm reform key trimming trade surplus basic reform japan protected farm sector key shifting economy export domestic led growth vital step trim trade surplus securities analysts farm sector protected import tariffs and quotas propped subsidies and price supports and sheltered tax system ample room for change economic terms reform christopher chew brokerage firm james capel and ultimate cost existing system food prices twice europe and two times analysts spending food accounts for quarter average household budget and roughly pct gross national product gnp study chew reducing prices increase household spending power pct study money spent products direct impact boosting domestic growth added lot slack government official tokyo that money spent direct central government subsidies farm sector amount billion dlrs per year independent estimates put total subsidies sources high billion and analysts that money wasted changing tax laws encourage city residents farm weekends put land for sale for residential development give boost domestic spending economists housing construction key strategic variable expansion domestic demand wrote chihiro nakajima professor kyoto gakuen university japanese business groups calling for staged farm reform shift burden trade friction and economic restructuring manufacturing sector and farm sector employers groups want change you want expand domestic demand not raise wages recklessly reduce commodity prices bumpei otsuki president japan federation employers associations told recent press conference external pressures rising and europe seek removal tariffs and quotas reduce trade deficits japan vested japanese interests opposed change remain entrenched dimming prospects for quick reform analysts full time farm population falling and signs ldp paying attention urban constituencies ruling party remains heavily dependent farm votes rural areas rural vote worth city votes due pattern constituency borders ldp political trouble tax reform plan and not want raise another sticky issue analysts consumer groups politically weak and tend accept traditional view that higher prices small fee pay for national food security powerful agricultural cooperatives fiercely opposed import liberalisation flexible reforms aimed stepping productivity reform comes will response specific pressure embracing program chew reuter 
trade	japan details plan stave trade problems japan liberal democratic party ldp drawn detailed plan calling for large tax cuts and increase government purchases foreign goods head committee working plan junichiro koizumi plan will urge government double official development assistance billion dlrs years government had promised senior ldp officials press conference ldp executive council chairman shintaro abe will explain plan officials visits april abe visit prepare for prime minister yasuhiro nakasone talks president ronald reagan this month koizumi ldp plan will not size tax cut amount domestic demand stimulated top ldp executives will work figures that abe will offer specifics officials proposed increase procurement foreign goods government will include purchase super computers ldp officials plan japan will strive solve specific trade problems nations and will encourage flows funds developing countries officials ldp expects measures prop economy and lessen trade problems added basic ideas ldp plan presented and welcomed monetary authorities major industrial nations washington last week ldp plan will form basis for last packages stimulate japanese domestic demand and will unveiled government late reuter 
trade	baldrige launch east trade drive commerce secretary malcolm baldrige leaves saturday day trip east spur trade and improve business relations china south korea and philippines officials baldrige will stop hong kong meet british officials and local and hong kong businessmen last year had major deficits asian trading partners south korea billion dlrs hong kong billion and china billion deficit philippines mln dlrs baldrige will meet south korean president chun doo hwan and trade minister rha woong bae monday discuss opening south korean markets goods baldrige will peking april will meet zheng tuobin minister for foreign economic relations and trade attend meeting china joint commission commerce and trade and address management and training organisation officials chief purpose baldrige visit discuss relaxed rules for transferring modern technology chinese industries hong kong baldrige will hold meetings april governor david wilson and trade and industry secretary eric addressing american chamber commerce officials baldrige will meet philippines president corazon aquino april show continued support for government and discuss steps improve atmosphere for american investment will will meet finance secretary jaime ongpin and trade and industry secretary jose concepcion reuter 
earn	federated guaranty fdgc sets stock split federated guaranty corp board declared two for stock split and raised quarterly dividend cts per share post split six cts payable june record company shareholders annual meeting approved increase authorized common shares mln mln and name change alfa corp name change effect week nasdaq ticker symbol change alfa reuter 
trade	reagan announce decision japan sanctions president reagan today announce decision tough tariffs japanese exports retaliate for calls japan failure end unfair practices semiconductor trade pct tariffs imposed mln dlrs japanese goods recommended for curbs special panel experts headed trade representative office reagan announced last march impose tariffs goods list that ranged computors and television sets power tools and photographic film panel this week winnowed list products and recommendations yesterday santa barbara reagan vacationing march annoucement reagan committed full enforcement trade agreements designed provide american industry free and fair trade opportunities added tariffs lifted once japan honored pact signed last year end dumping semiconductors world markets and opened home market products officials japan had nothing since march announcement alter reagan plan invoke sanctions white house spokesman marlin fitzwater yesterday not want trade war feel that this kind action that requires meaningful action reagan move follows steadily rising trade deicits last year hitting record billion deficit trade japan congress weighing trade bill force president retaliate cases unfair trade practices opposed legislation prevent negotiated solutions trade disputes and case that existing law adqeuate end unfair trade practices trade experts tough action japanese penalize japanese show congress not trade legislation japanese complained that honoring semiconductor pact that time results showed officials monitoring japanese semiconductor shipments east asian countries and western europe showed letup dumping and that japanese home markets remained shut american exports japan that reagan imposed tariffs file complaint general agreement tariff and trade gatt hoped gatt find retaliation had violated regulations global trading group and approve compensation japanese retaliation officials not japan retaliate had lose trade war united states reuter 
earn	union planters corp upcm qtr net shr cts dlrs qtly div cts cts prior net avg shrs note dividend pay record reuter 
acq	union planters upcm acquisitions approved union planters corp received regulatory approvals for previously announced acquisitions borc financial corp and citizens bank hohenwald and approval acquisition merchants state holding expected days completed second quarter reuter 
earn	pioneer savings bank inc psbn qtr net march end shr cts cts net avg shrs half shr dlrs dlrs net avg shrs reuter 
earn	management science america inc msai qtr shr loss cts loss two cts net loss loss revs mln mln avg shrs mln mln note net includes tax credits dlrs dlrs reuter 
earn	general housewares corp ghw qtr net shr two cts net sales mln mln note net includes gain dlrs change pension accounting reuter 
earn	oakite products inc okt qtr net shr cts cts net sales mln mln reuter 
earn	bha group inc bhag qtr march net shr cts cts net sales avg shrs half shr cts cts net sales mln mln avg shrs reuter 
earn	transportation services inc ptsi net qtr shr cts cts net revs mln avg shrs reuter 
earn	federal bank ffbn qtr march net shr cts cts net total income half shr dlrs dlrs net total income mln mln reuter 
earn	global natural resources inc gnr qtr loss oper shr loss cts loss nil ope net loss loss revs mln avg shrs mln mln year oper shr profit cts loss oper net profit loss revs mln mln avg shrs mln mln note net excludes extraordinary tax charges dlrs dlrs quarter and credits dlrs dlrs year reuter 
earn	interstate iowa inc fiia qtr shr profit two cts loss two cts net profit loss note pretax net profit dlrs loss dlrs charge earnings for loan losses dlrs dlrs and net chargeoffs dlrs dlrs reuter 
earn	double eagle petroleum and mining dblb qtr feb shr loss two cts loss cts net loss loss revs half shr loss cts loss cts net loss loss revs reuter 
earn	tel international inc qtr dec loss shr loss two cts profit cts net loss profit sales mln half shr loss cts loss cts net loss loss sales mln mln reuter 
earn	electromagnetic sciences inc elmg qtr shr cts cts net sales mln backlog mln mln reuter 
earn	cape cod bank and trust ccbt qtr net shr cts cts shr diluted cts cts net avg shrs avg shrs diluted reuter 
acq	holiday corp hia sells stake venture residence inn corp agreed buy holiday corp equaly owned joint venture for mln dlrs closing expected weeks suite residence inn system geated extended stays open franchised company owned hotels nationwide and another construction development reuter 
earn	cadnetix corp cadx qtr march net oper shr cts cts oper net sales mln avg shrs mln mln mths oper shr cts cts oper net sales mln mln avg shrs mln mln note prior year net excludes extraordinary credits dlrs quarter and dlrs mths reuter 
earn	bush industries inc bsh qtr net shr cts cts net sales mln mln note share adjusted for for two stock split february reuter 
earn	plasti line inc sign qtr net shr cts cts net sales mln reuter 
earn	endata inc data qtr net oper shr cts cts oper net revs note net excludes dlr tax credit reuter 
earn	roto rooter inc roto qtr net shr cts cts net revs mln reuter 
earn	birdsboro corp qtr loss shr loss cts loss cts net loss loss sales year shr loss dlrs loss cts net loss mln loss sales mln mln note year net includes pretax realized loss secureity transaction dlrs net includes tax credits dlrs dlrs quarter and dlrs dlrs year net periods includes gain dlrs pension plan termination reuter 
earn	dynamics research corp drco qtr march shr cts cts net revs mln mln note share adjusted for for stock split january reuter 
earn	martin processing inc mpi qtr net oper shr cts cts oper net sales mln mln note net excludes dlr gain discontinued machinery division reuter 
earn	bush industries bsh sees higher year results bush industries inc expects higher earnings and sales for partly due efficiencies manufacturing that improved margins company reported quarter earnings dlrs dlrs year sales mln dlrs mln dlrs for last year earned dlrs sales mln dlrs reuter 
earn	bildner and sons inc jbil year jan net shr cts cts net sales mln mln avg shrs note net includes dlr tax credit reuter 
earn	bildner jbil sees improved results bildner and sons inc expects improved earnings and sales current fiscal year company reported earnings for year ended january dlrsl dlrs year sales mln dlrs mln dlrs bildner plans offer mln dlrs eurodollar convertible subordinated debentures due underwriters led painewebber group inc pwj and kidder peabody and inc proceeds used finance expansion and reduce debt reuter 
acq	amoco buy dome dmp report amoco corp apparently successful bidder for debt laden dome petroleum published report toronto globe and mail quoting sources close negotiations today dome broke talks last night transcanada pipelines last week announced billion canadian dlr offer for dome assets financial details amoco offer and dome spokesman confirm deny that amoco had emerged winner newspaper dome spokesman that sale dome finalized and announced this weekend globe and mail representatives amoco not immediately for comment last sunday transcanada announced offer dome talks two companies refused identify since market speculation centered amoco and exxon corp xon pct owned imperial oil subsidiary canada british petroleum plc and royal dutch shell group mentioned suitors for dome past two days dome management pressured federal government select offer transcanada canadian company bidding prime minister brian mulroney government appears want avoid dome sale foreign company since government gave dome hundreds millions dollars tax breaks encourage oil and gas exploration arctic analysts and officials purchase transcanada likely run afoul canadian antitrust laws transcanada asking for tax concessions federal government that hold deficit below billion canadian dlrs analysts takeover amoco imperial give foreign oil company dominant position canada oil industry imperial oil canada largest energy company revenues billion canadian dlrs chicago based amoco had revenues billion dlrs amoco canada petroleum subsidiary pct owned amoco corp reuter 
earn	gorman rupp grc sets quarterly qtly div cts cts prior pay june record reuter 
earn	lilly industrial coatings inc licia payout qtly div cts cts prior pay july record june reuter 
earn	grumman corp payout qtly div cts cts prior pay record reuter 
earn	ambrit inc abi payout qtly div two cts two cts prior pay record reuter 
earn	oneok inc oke payout qtly div cts cts prior pay record april reuter 
earn	diamond shamrock offshore partners dsp payout qtly div cts cts prior pay june record reuter 
earn	rlc corp rlc qtr march net shr loss nil profit six cts net loss profit revs mln mln half shr loss two cts profit cts net loss profit revs mln mln avg shrs mln mln note current quarter net includes dlr tax credit current half net includes reversal dlrs investment tax credits reuter 
earn	fresh juice inc frsh qtr feb net shr loss cts net loss sales note company began opeations april reuter 
acq	french government sets terms bimp sale french finance ministry today public flotation offer opening this coming tuesday for pct capital banque industrielle mobiliere privee bimp set francs per share offer closes friday ministry statement pct bank capital had sold solid core large investors including insurance companies and michelin subsidiary spika for pct public offer price ten pct shares reserved for employees pct discount increased pct shares for two years employees free share for each bought shares held for year small investors receive free share for bought upper limit free shares per investor and condition shares held for months state owned capital bimp comprises mln shares bank sold public part sweeping programme privatise state owned groups years separate statement ministry last week privatisation offer mln shares banque batiment des travaux publics btp times oversubscribed reuter 
interest	budget chief miller warns fed interest rates white house budget chief james miller concerned that federal reserve overreact decline dollar raising interest rates move recession year greatest danger overreaction miller told newspaper reporters yesterday concerned fed overreaction concerned recent data showing substantial fall money supply edwin dale miller spokesman remarks published york times today accurate miller concerned fed overreact signals rising inflation tightening credit move political consequences white house budget chief appeared referring effect economic slowdown presidential and congressional elections year fear that into recession deep soup and question miller economic slowdown lead lower tax revenues and widening budget deficit miller remarks reflected concern that central bank feel compelled tighten credit means bolstering dollar treasury secretary james baker and federal reserve board chairman paul volcker recently warned that declines dollar jeopardize global growth prospects officials urged japan and west germany stimulate economic growth countries move that boost exports and relieve trade protectionist pressures united states reuter 
trade	yeutter japanese curb trade representative clayton yeutter president reagan ahead today and impose curbs japanese exports planned asked television interview chance for reagan cancel scheduled pct tariffs japanese electronic exports slim reagan announced march impose tariffs retaliate for japan failure honor agreement end dumping computer semiconductors world markets cost and open home markets products yeutter nbc program today united states not want terminate agreement and drop tariffs once japan began fulfilling agreement japanese negotiators last week told officials honoring pact yeutter time monitor compliance asked long that want pattern compliance minimum that weeks yeutter not consumer impact tariffs mln dlrs worth japanese goods items selected readily countries and manufacturers not japan retaliate not interests country escalating conflict japanese understand that full yeutter added japan challenge tariffs general agreement tariffs and trade gatt that paper kind exercise and don expect adverse impact trade yeutter not semiconductor issue resolved washington visit this month japanese prime minister yasuhiro nakasone hoped visit trade major issue productive don practical resolve this dispute visit reuter 
earn	church fried chicken inc chu qtr net shr cts qtly div cts cts prior net revs mln mln note dividend pay record reuter 
earn	dominion resources inc qtr net shr dlrs dlrs net mln mln revs mln mln avg shrs mln mln mths shr dlrs dlrs net mln mln revs billion billion avg shrs mln mln reuter 
trade	commerce trade report omits freight costs commerce department that insurance and freight costs for imported goods billion dlrs included february trade deficit billion dlrs reported tuesday department required law wait hours initial trade report issue second report customs basis eliminates freight and insurance charges cost imports private sector economists emphasized that commerce department not revising deficit billion dlrs simply presenting figures basis report washington post caused stir foreign exchanges today gave impression dealers that underlying trade deficit for february had revised downward commerce department law changed permit report sets figures simultaneously feeling second report legislation that requires delay two days robert ortner commerce undersecretary for economic affairs this for long time and pays attention second figure billion dlr february trade deficit compared revised january deficit billion dlrs law requiring hour delay publishing monthly trade figure excluding freight and insurance passed reportedly feeling figure includes customs freight and insurance allowed comparison countries that reported trade balances basis second figure lower deducting freight and insurance presents deficit favorable light for reagan administration ortner law changed eliminate hour delay reporting two figures dinosaur laws and time come second figure lower deducting freight and insurance presents deficit favorable light for reagan administration ortner law changed eliminate hour delay reporting two figures dinosaur laws and time come reuter 
acq	hong kong firm ups calmat czm stake pct industrial equity pacific hong kong investment firm raised stake calmat shares pct total outstanding common stock shares pct filing securities and exchange commission industrial equity principally owned brierley investments publicly held zealand company bought calmat common shares april and for total mln dlrs reuter 
acq	foundation cuts wurlitzer wur stake farny wurlitzer foundation told securities and exchange commission cut stake wurlitzer shares pct total outstanding common stock shares pct foundation sold wurlitzer common shares march and prices ranging dlrs share long foundation stake wurlitzer below pct not required report dealings company common stock reuter 
acq	investment firms raise orient express oeh stake two affiliated investment firms and funds control told securities and exchange commission raised orient express hotels inc stake shares pct total pct firms boston based fmr corp and bermuda based fidelity international bought combined orient express common shares march april prices ranging dlrs each reuter 
acq	hospital corp hca board buyout bid hospital corp america management believes dlr per share acquisition offer received charles miller richard ragsdale and richard scott not interest shareholders and not plan meet individuals company board considered information and bid and lack demonstrated ability part individuals consummate acquisition this magnitude board decided not action proposal this time hospital corp benefits company ongoing repositioning program realized and will continue explore alternatives for enhancing shareholder reuter 
earn	calny inc clny sets quarterly qtly div cts cts prior pay record april reuter 
earn	rowan rdc sees substantial losses for year rowan cos inc expects incur substantial losses despite expected improvement drilling levels gulf mexico and north sea offshore and onshore drilling company today reported quarter loss mln dlrs mln dlr tax credit compared year earlier loss dlrs tax credit dlrs for rowan lost mln dlrs mln dlr tax credit reuter 
earn	rowan cos inc rdc qtr loss shr loss cts loss cts net loss mln loss revs mln mln note net includes tax credits mln dlrs dlrs reuter 
earn	care enterprises cre qtr loss oper shr loss cts profit cts oper net loss profit revs mln mln avg shrs mln year oper shr loss cts profit cts oper net loss profit revs mln mln avg shrs note quarter net includes dlr tax credit net excludes charges debt restructuring dlrs quarter and dlrs year reuter 
earn	lance inc lnce qtr net shr cts cts qtly div cts cts prior net sales mln mln note pay record reuter 
earn	fhlbb reports thrift results fourth quarter federal home loan bank board insured savings and loan associations thrifts that made profit fourth quarter reported moderate increases net earnings that pct thrifts reporting profits had net tax income billion dlrs billion dlrs earned pct profitable industry quarter for profitable firms had net income billion dlrs billion dlrs pct industry that made profit fourth quarter had losses billion dlrs figure for unprofitable firms billion dlrs quarter year firms had total losses billion dlrs billion dlrs reuter 
money-fx	white house monetary policy correct white house distancing remarks administration budget chief federal reserve current monetary policy administration feels that current monetary policy white house spokesman marlin fitwater fitzwater administration not endorse remarks white house budget chief james miller concerned federal reserve overreact decline dollar raising interest rates 
earn	communications satellite corp qtr net shr cts cts div cts cts prior net mln mln note qtr net mln dlr reserve for potential refund result federal communications commission continuing rate investigation company believes refunds make not materially affect financial position reuter 
earn	american management systems amsy qtr net shr cts cts net revs mln mln avg shrs note shr reflects for stock split june reuter 
earn	hytek microsystems inc htek qtr loss shr loss cts loss cts net loss loss revs avg shrs reuter 
earn	tvi corp tvie year loss shr loss cts profit two cts net loss profit revs reuter 
earn	riggs national corp rigs qtr net shr cts dlrs net avg shrs assets billion billion loans billion billion deposits billion billion note gain sale securities mln mln loan loss provision dlrs mln reuter 
earn	northwest natural gas nwng qtr net shr dlrs dlrs div cts cts prior net revs mln mln avg shrs reuter 
acq	kentucky central kenca unit sells stations kentucky central life insurance bluegrass broadcasting inc subsidiary agreed sell two orlando fla radio stations communications inc for mln dlrs subject fcc approval reuter 
earn	kimbark oil and gas kimb year loss shr loss cts loss dlrs net loss loss reuter 
earn	southern national corp snat qtr net shr cts cts net reuter 
acq	bank system fbs sells lewiston bank bank system agreeed sell bank lewiston subsidiary lewiston mont two local bankers for undisclosed terms bank lewiston assets mln dlrs end quarter reuter 
acq	icn icn pct syncor scor icn pharmaceuticals inc told securities and exchange commission acquired shares syncor international corp pct total outstanding common stock icn bought stake for mln dlrs investment and plans seek control company participate management reuter 
acq	dixons exploring sale cyclops cyl unit dixons group plc dxns british concern that recently acquired operational control cyclops corp exploring possibility selling cyclops subsidiary busy beaver building centers inc filing securities and exchange commission dixons determined explore possibility sale preliminary review business and activities cyclops busy beaver building centers pittsburgh lumber and building materials company dixons won control cyclops dlr share tender offer reuter 
trade	japanese tariffs worldwide warning tough trade sanctions president reagan imposed japanese exports not shot across japan bow sign reagan will attack unfair trade practices worldwide officials robert crandall trade specialist brookings institution tank shot across bow can result shot stern left united states open retaliation officials pct tariffs reagan ordered mln dlrs worth japanese goods will show congress that tough pro trade stand can existing laws and protectionist legislation needed past year tough trade action had european community corn and sorghum taiwan beer and wine south korea counterfeiting copyrights patents and trademarkets and japan tobacco white house spokesman marlin fitzwater told reporters tariffs pct signal nations for fair trade practices reagan imposed sanctions computers television sets and hand tools japan not honor agreement end dumping semiconductors world markets cost and open markets products tariffs items sources effect american consumer fitzwater reagan come heavy pressure tougher action japan end global unfair trade practices and reverse growing trade deficit alternative that not congress trade gap last year record billion dlrs and continues rise japan accounting for america deficit two deficits canada west germany taiwan and south korea and reagan officials president ready fight reagan announcing sanctions today that regret that actions that health and vitality semiconductor industry essential american competitiveness world markets cannot jeopardized unfair trading practices reagan added statement california vacation home santa barbara tariffs remain force japan abided agreement officials action today will show congress write trade bill not that tools needed fight unfair trade white house aide tariff action wasn appease congress unfair trade practice aide added another plane example administration trade law fight unfair practices that not make major trade laws analyst crandall tariff action not interests united states and that negotiations pursued resolve issue dangerous retaliatory route leads retaliation and restrictions trade crandall administration this for political impact across country and impact congress don makes lot sense analysts made difference whether tariffs aimed trading partners congress and that main point that trading partners notice that retaliation weapon reagan ready use spokesman fitzwater don want trade war imposition sanctions showed united states act had evidence that trade pacts violated crandall administration this for political impact across country and impact congress don makes lot sense analysts made difference whether tariffs aimed trading partners congress and that main point that trading partners notice that retaliation weapon reagan ready use spokesman fitzwater don want trade war imposition sanctions showed united states act had evidence that trade pacts violated reuter 
trade	yeutter almost japan will not retaliate trade representative clayton yeutter almost japan not retaliate tariffs president reagan slapped mln dlrs japanese electronic goods today pct that tariffs will not provoke retaliation american products yeutter told cable news network japan stake this relationship united states entertain thoughts retaliation yeutter earlier today reagan imposed pct tariffs range japanese goods retaliation for japan alleged violation bilateral pact governing semiconductor trade yeutter that farm products targeted tokyo decided hit back japan retaliate american agricultural products chances that happening slim and added reuter 
trade	japan will not retaliate tariffs japan not plan retaliatory action implementation tariffs japanese electronic goods minister international trade and industry hajime tamura statement japan requested bilateral consultations accordance article general agreement tariffs and trade gatt washington yesterday tamura deep regret measures will impose pct tariffs mln dlrs worth japanese imports small computers colour television sets and power tools reuter 
earn	southam inc stm qtr net oper shr cts cts oper net mln mln revs mln mln note net excludes extraordinary gain mln dlrs cts shr sale surplus property reuter 
earn	loctite corp loc qtr march net shr cts cts net revs mln mths shr dlrs dlrs net mln mln revs mln mln reuter 
earn	glenfed inc gln qtr march net oper shr dlrs cts oper net mln mln revs mln mln mths oper shr dlrs dlrs oper net mln mln revs billion billion assets billion billion deposits billion billion loans billion billion note oper net excludes extraordinary loss and mln for qtr and mths prepayment borrowings federal home loan bank board oper excludes tax credits mln for qtr and mln mln for mths reuter 
earn	horizon industries inc hrzn qtr net qtr ended april shr profit cts loss cts net profit loss revs mln mln six mths shr profit cts loss cts net profit loss revs mln reuter 
earn	rorer group inc ror qtr net oper shr profit cts loss cts oper net profit loss mln revs mln mln note year ago oper exludes gain sale businesses mln year ago oper includes charges mln resulting allocation purchase price revlon businesses inventory and mln for restructuring costs reuter 
acq	study discusses dropped comsat contel merger congressional study today proposed apparently abandoned merger communications satellite corp and contel corp ctc technically legal violate spirt law setting comsat two weeks ago study completed contel announced seek terminate proposed merger study partisan congressional research service crs proposed merger appears comply technically mandates letter statutes nevertheless violate spirit law comsat created act congress and contel corporation local telephone and communications firms filed federal communications commission last november application for merger firms had protested proposed merger analysis law research service issued critical comments structure firm and apparent domination contel restructured comsat broken spirit law setting comsat comsat arm intelstat international satellite communications firm reuter 
acq	standard oil british petroleum share tender extended 
acq	standard oil extends tender standard oil srd announcement issued meeting board directors that british petroleum plc extended dlr per share tender offer midnight offer for pct standard shares not owned had due expire midnight april standard oil discussions tender continuing provided details long discussions continue recommendation will made standard oil shareholders offer standard standard directors met company cleveland headquarters thursday regularly scheduled meeting spokesman unable meeting continue friday committee independent directors previously obtained opinion boston corp that standard shares worth dlrs each dlrs offer reuter 
interest	national mutual cuts australian prime pct national mutual royal bank cut prime rate pct effective april cut follows trend lower rates started last month and accelerated westpac banking corp yesterday cut prime pct pct westpac pct lowest prevailing rate reuter 
acq	elders purchase canadian brewer approved elders ixl elxa canadian government approved bid for carling keefe elders earlier announced buying mln shares pct carling canadian subsidiary rothmans international plc rot for canadian dlrs each elders chairman john elliott statement offer for ordinary shares closed april that acceptances representing pct outstanding shares had received ixl holdings proceed acquire rest compulsorily reuter 
crude	ecuador use colombia oil link for years ecuador will use pipeline link colombia export crude oil for years colombian mines and energy minister guillermo perry link will inaugurated built ecuador resume exports crude oil halted march earthquake damage lago agrio balao pipeline once that pipeline repaired ecuador will exceed opec quota order offset lost income and pay debts contracted venezuela and nigeria since quake ecuador mines and energy minister javier espinosa two ministers speaking news conference signing agreement for joint oil exploration and exploitation jungle border zone two nations drilling will begin september agreement transport ecuadorean crude oil not for this emergency period for years possibility extension and barrels per day bpd will pumped perry espinosa ecuador planned pump mln barrels link years cost cents per barrel year link maximum capacity bpd will run lago agrio centre ecuador jungle oilfields existing colombian pipeline that runs pacific port tumaco espinosa stretch link built ecuadorean side cost mln dlrs perry gave figures for colombia segment insignificant compared earn opec member ecuador pumping bpd quake lost exports bpd costing mln dlrs per month espinosa reuter 
ship	iran will combat gulf intervention iranian foreign minister ali akbar velayati warned that iran combat superpower intervention gulf iran powerful country gulf will not superpowers foreign forces interfere region velayati visiting united arab emirates leg gulf tour told reporters iran had capabilities and means prevent interference president reagan pledged gulf sealanes open and protect kuwaiti tankers iranian attack reuter 
earn	toshiba corp tsba year ended march group shr yen net billion billion pretax billion billion operating billion billion sales billion billion reuter 
interest	bundesbank schlesinger plan cut discount rate nihon keizai newspaper 
interest	bundesbank reported plan for rate cut bundesbank deputy president helmut schlesinger west german central bank had plan cut pct discount rate nihon keizai newspaper reported financial daily quoted schlesinger interview that bank maintain current interest rate levels for time told newspaper for large scale intervention foreign exchange market exchange rates stable earlier schlesinger told press conference that bundesbank continue policy maintaining short term interest rates low level for currency stability satisfied current dollar mark exchange rate added that not ideal for west german economy reuter 
trade	seoul announces tariff cuts for south korea will cut import taxes items including construction equipment photographic film cigarettes and pipe tobacco reduce trade surplus united states finance ministry tariff cuts and percentage points effect july this brings number goods import taxes cut this year ministry official items washington asked seoul lower tariffs added today announcement follows saturday removal import curbs products for products had had sought free access south korean market this line government policy limit trade surplus united states reduce trade friction two countries official south korea trade surplus rose billion dlrs billion officials surplus expected widen seoul hold below billion dlrs finance ministry tariffs cut this month items including acrylic yarn and ethylene average percentage points order check inflation officials tariff cuts contribute holding wholesale and consumer price rises pct this year reuter 
trade	study tariffs and quotas backfire use tariffs and quotas reduce flow foreign goods into united states will cut nation swelling trade deficit government study fact federal trade commission ftc report such protectionist policies make products competitive world marketplace raising cost imported products that exported forms such policies likely hurt productive capabilities economy page report written ftc economists john hilke and philip nelson blamed rising trade shortfall climbed record billion dlrs last year shifting currency exchange rates and growing consumer demand factors commonly blamed for deficit such foreign trade practices deteriorating industrial competitiveness high labour costs and government restrictions mergers added problem each industry competitiveness affects level imports and exports that industry general find that significant industry specific affecting competitiveness that explain increase trade deficit study extent government action needed deal trade deficits policies focus economy wide phenomena such exchange rates and relative economic growth ftc study supporting conclusion that broad based economic shifts increase trade deficit report found that industries lost domestic market share foreign competitors found fairly direct relationship increased trade deficit and influence shifting currency exchange rates economic growth and domestic demand for goods and services outpaced foreign consumer demand study examined factors commonly blamed for trade deficit foreign government subsidies and trade barriers protect foreign industries lack investment industry declining research and development industry high labour costs union work rules oil prices rises and antitrust regulations each case study found evidence that factor had impact trade deficit reuter 
ship	moscow will retaliate gulf attacks iranian attack soviet ships gulf will bring forceful and violent response soviet foreign ministry official interview published alexander ivanov head gulf desk soviet foreign ministry told rai aam newspaper moscow will answer back force and violence iran attempts attack soviet ship tanker gulf soviet tanker hit mine gulf last month ivanov accused united states stepping regional crisis and failing exert genuine efforts end iran iraq war reuter 
interest	window for bank aid kuwait remains shut kuwait central bank window for funds domestic interbank deposit market shut banks returned day holiday dealers move drove short term interest rates sharply higher overnight and tomorrow funds doubling last wednesday and hitting pct offers tight market and traders scrambled for funds month year deposits point higher pct activity longer end market bankers suspension central bank aid deliberate move drive kuwaiti dinar interest rates and stem flow funds country market nervousness increasing growing tension gulf central bank move combined steady cut dinar exchange rate today rate reduced dollar wednesday day bank holiday that celebrated end fasting month ramadan reuter 
crude	pemex official opec output critical price crude oil prices remain dlrs barrel end year opec decision output meeting critical factor official mexico state oil company petroleos mexicanos pemex told group japanese businessmen adrian lajous pemex executive vice president international trade current opec output appeared mln barrel per day level set for quarter production surging ahead originally planned demand growing slowly envisaged months ago opec had carefully level production quarter effectively sustain dlrs price and that increase had originally envisaged soften price levels member cartel scheduled meet june vienna review december accord prices and output hope opec will follow conservative attitude terms volume decisions lajous repetition happened last year opec boosted output and oil prices tumbling below dlrs possibility hope never trauma expect oil exporters learned lessons and discipline will maintained lajous excess supply and long this remains will tendency instability oil markets prices remain dlrs output remains control saudi king fahd remarks last month that increased production not important long incomes not affected output relevant and such powerful producer reuter 
acq	coniston group continue bid for allegis aeg investor group led coniston partners plans continue effort gain control allegis corp despite defensive maneuvers allegis announced last week allegis that borrow billion dlrs and pay shareholders dividend dlrs per share lowering company net worth coniston group owns pct allegis stock that seek shareholder consents remove allegis directors group had breaking allegis into airline hotel and vehicle rental components succeeded coniston group expects make announcement today plans for allegis wall street analysts and traders had not expected coniston abandon pursuit allegis result allegis defensive measures allegis officials unavailable for comment reuter 
acq	spectra physics rejects ciba geigy tender offer 
acq	city industries sells yale and nutone units for mln dlrs and securities 
acq	boeing acquire argosystems for dlrs share 
acq	city fcy sells yale nutone units city industries inc reached definitive agreement sell nuton and yale security subsidiaries valor plc for mln dlrs and warrants purchase two mln valor ordinary shares addition company will recieve special dividend mln dlrs nutone and yale and agreed buy mln dlrs valor convertible preference shares city seeking increase shareholder values improving and realizing values inherent operating subsidiaries company transaction subject approval shareholders valor and expected completed days valor arranged financing issue ordinary and convertible preference shares underwritten hoare govette and barclays zoete wedd nutone makes built electric products for housing market and yale makes door locks and electronic security products valor makes home products reuter 
earn	genovese drug stores inc gdxa qtr shr cts cts net sales mln mln reuter 
acq	national security nsic stake acquired national security insurance group investors acquired common shares pct interest for dlrs per share company acquisition portion shares pct interest subject approval alabama department insurance sellers included atlantic american corp aame bankers fidelity life insurance and georgia casualty insurance reuter 
acq	computer associates acquire uccel corp for mln dlrs 
acq	entertainment marketing seeks buy crazy eddie for dlrs share 
acq	spectra physics spy board rejects tender offer spectra physics inc board rejected dlrs per share unsolicited tender offer for company stock ciba geigy cigz holds pct stock spectra physics filed lawsuit delaware federal court this morning seeking enjoin offer and alleging things that offer vilates federal securities laws agreements ciba geigy and spectra physics and ciba geigy fiduciary duties spectra physics two ciba geigy designess board not present yesterday special meeting voted reject offer financially inadequate unfair and not interests spectra physics stockholders company board authorized special committee directors steps deems protect interests spectra physics and stockholders and investigate alternatives maximize stock including talks parties spectra physics letter communicating board recommendation and reasons mailed stockholders robert bruce reliance group holdings inc rel designee spectra physics board resigned position letter resignation action alleviate ciba geigy stated justification for making unsolicited offer that had not contemplated another significant investor representation board spectra physics investment made reuter 
acq	boeing acquire defense electronics firm boeing and argosystems inc argi reached agreement for boeing acquire sunnyvale calif defense electronics firm for mln dlrs boards companies approved merger will accomplished tender offer boeing subsidiary dlrs share cash for argosystems shares companies agreement boeing subsidiary tbc holdings corp will begin tender offer promptly pct shares not tendered offer will prorated pct companies argosystems granted boeing option buy shares pct outstanding stock for dlrs share bill chairman argosystems and officers granted boeing option buy shares another pct outstanding stock for dlrs share argosystems makes equipment monitor and analyze military communications signals electronic warfare equipment monitor and jam radar signals and signal processing systems for months ended march argosystems reported earnings doubled mln dlrs cts share mln dlrs cts year ago period included mln dlr charge writedown securities sales rose pct mln dlrs sales expected exceed mln dlrs for fiscal year ending june companies joint statement company backlog mln dlrs employees pct argosystems business comes international customers argosystems clear leader field this association will expand activities and significantly enhance ability compete defense electronics area boeing president frank shrontz statement argosystems will operate wholly owned subsidiary boeing merger tender offer will subject approval argosystems shareholders companies tender offer and merger subject customary conditions and expiration hart scott rodino notification waiting period reuter 
acq	computer associates uccel set merger computer associates international inc and uccel corp uce signed definitive merger agreement computer associates will pay mln dlrs stock for outstanding uccel shares companies terms agreement uccel shareholders will receive shares computer common stock for each approximately mln uccel shares outstanding companies this amount dlrs per uccel share based york stock exchange closing prices closing transaction anticipated august companies companies resulting company wil retain name computer associates international inc additionally companies charles wang computer associates chairman and chief executive will continue chairman company reuter 
trade	seoul announces tariff cuts for south korea will cut import taxes goods including construction equipment cigarettes and tobacco reduce trade surplus united states finance ministry today tariff cuts and pct will effect july south korea ran trade surplus billion dlrs washington sharply billion today announcement brings number goods for similar measures this year ministry official items washington asked seoul lower tariffs this line government policy limit trade surplus united states reduce trade friction two countries official reuter 
acq	entertainment makes buyout offer crazy eddie entertainment marketing inc made offer board crazy eddie inc acquire outstanding shares crazy eddie inc for dlrs share cash entertainment offer conducted negotiated merger corporation formed entertainment marketing entertaiment requested early meeting crazy eddie inc board and that committed mln dlrs purchase shares including purchased company retained dean witter reynolds inc assist raising balance financing entertainment company and chairman pct crazy eddie outstanding shares additionally company willing negotiate aspects offer and willing transaction tax free crazy eddie shareholders reuter 
acq	society for savings socs forms parent society for savings bancorp inc completed previously announced plan acquisition making delaware chartered bank holding company parent conneticut chartered society for savings reuter 
crude	saudi renegotiation aramco deal moving saudi arabia renegotiation collective agreement aramco purchase oil for partners moving and lead fundamental structural change contract oil industry sources petroleum intelligence weekly this monday edition negotiations moving for adjustment mln bpd joint long term agreement official prices and volumes and terms rearranged agreement signed january for months february june for renegotiation january contract aramco purchase mln bpd for partners allocated exxon corp xon bpd texaco inc bpd mobil corp mob and chevron corp chv bpd overlifting texaco inc quarter allowed companies exxon corp underlift obligations contract piw that that alternative consideration revert individual contracts collective agrement john lichtblau director petroleum industry research foundation inc that renegotiation pact formality saudis each company separate schedule separate agreements companies favor negotiations and ensure that contracted liftings occur companies will follow saudi limits not want antagonize for long haul lichtblau that renegotiations likely concentrate volume price saudi displeasure agreement long noted and april industry publications that renegotiation sought fact confirmed reuters aramco aramco corp owned chevron corp chv exxon corp xon mobil corp mob and texaco inc owned saudi arabia bought assets partners agreements saudi arabia reuter 
money-fx	money market mln stg late assistance bank england provided money market late assistance mln stg this takes bank total today mln stg and compares latest forecast mln stg shortage reuter 
acq	cpc international cpc completes asian sale cpc international inc completed previously announced transactions involving grocery products businesses asian countries ajinomoto inc ajin raising mln dlrs will receive mln dlrs this month closings expected countries proceeds will used for debt reduction cpc ajinomoto purchased equity knorr foods joint venture japan two companies cpc fees for trademark and technology use cpc ajinomoto purchasing pct interests cpc wholly owned subsidiaries hong kong malaysia philippines singapore taiwan and thailand reuter 
acq	borden acquire prince for mln dlrs 
acq	porex porx merge medco mccs porex technologies corp agreed merge partly owned subsidiary medco containment services inc deal worth mln dlrs cash and common stock porex shareholders company agreement prex holders receive medco shares representing pro rata share medco shares owned porex pro rata shares cash porex assets estimated mln dlrs subject adjustment medco mln shares outstanding exact terms not determined transaction becomes effective porex each porex share expected exchanged for medco share and dlrs cash subject approval sharehoilders companies part deal medco will split stock for two company merger will accounted for corporate reorganization and recorded historical book values reuter 
acq	colt industries cot sell british unit colt industries inc signed conditional agreement sell woodville polymer engineering subsidiary great britain dowty group plc gloucestershire england for mln stg deal scheduled close end june company woodville makes high technology precision products for aerospace automotive and industries had sales mln stg reuter 
earn	advanced systems inc asy qtr april net shr cts cts net revs mln mln avg shrs six mths shr cts cts net revs mln mln avg shrs reuter 
earn	mannville oil and gas mog qtr net shr two cts cts net revs reuter 
earn	house fabrics inc qtr net april shr cts cts net revs mln mln reuter 
earn	orbit oil and gas orb qtr net shr cts cts net revs avg shrs reuter 
acq	video juke buy president shares video jukebox network inc signed letter intent purchase mln shares mln shares company common stock founder and president steven peters video shares purchased louis wolfson iii senior vice president venture inc national brands inc patrick michaels and cea investors partnership video shares common stock outstanding company public earlier this year and current price cea investors partnership planned partnership operated michaels chairman and president communications equity associates inc media brokerage firm video terms proposed transaction not disclosed video peters will continue chairman and president company parties june agree terms letter intent reuter 
earn	berkshire gas bgas raises payout qtly div cts cts prior pay july record june reuter 
earn	marcade group inc mar qtr net shr cts cts shr diluted two cts cts net revs mln mln avg shrs avg shrs diluted reuter 
earn	greenman bros inc gmn qtr loss shr loss cts loss cts net loss loss sales mln mln note year ago share results adjusted for for stock split august reuter 
acq	marcade group mar plans acquisition marcade group inc agreed principle acquire prominent privately held maker ladies sports wear for cash shares and options purchase marcade common valued mln dlrs fiscal year recently ended marcade company acquired owns manufacturing facilities and offshore had revenues mln dlrs and pretax earnings mln dlrs reuter 
acq	pennsylvania enterprises pent bid stands utilities investment inc offering acquire pennsylvania enterprises inc for dlrs per share prepared negotiate offer pennsylvania enterprises board rejected offer two weeks ago inadequate utilities financial commitments required ensure that pennsylvania enterprises facilities upgraded insure adequate supply safe drinking water representatives will attending pennsylvania enterprises annual meeting tomorrow wilkes barre reuter 
acq	merrill lynch proration factor for supermarkets tender pct 
acq	raven industries rav buys truck body business raven industries inc purchased utility truck body business astoria fibra steel inc for cash details transaction not disclosed astoria product line annual sales mln dlrs will manufactured and sold raven newly formed subsidiary astoria industries inc raven glasstite inc subsidiary manufactures and sells utility truck bodies reuter 
acq	pay pak pnp gets two offers for company pay pak stores inc received two proposals response previously announced solicitation potential buyers for company company evaluating proposals paul bilzerian and party active leveraged buyout field pay pak declined identify bilzerian proposal calls for shareholders receive blended basis dlrs cash and dlrs liquidation cumulative exchangeable redeemable preferred stock for each common share pay pak second proposal structured merger each holder receive combination dlrs cash and dlrs liquidation pct cumulative preferred company dividend preferred offered bilzerian set that opinion financial advisor and company financial advisor preferred trade public market liquidation dividends preferred paid option surviving corporation cash additional shares preferred for years added pay pak bilzerian proposal subject physical inventory merchandise june bilzerian not provide details respect financing proposal not subject financing condition company dividends preferred offered second proposal paid additional preferred years and preferred redeemed years and second offer contingent arrangement financing adding party making offer confident ability obtain balance financing pay pak second proposal conditioned satisfactory agreement company management equity participation company second party anticipates executing letter intent delivers financing commitment pay pak board that incorporate expense reinbursement and option arrangement company reuter 
acq	maxwell files suit stop harcourt hbj publisher robert maxwell british printing and communicaton corp plc filed lawsuit district court harcourt brace jovanovich inc directors and advisers stop things payment special dividend harcourt paying part recapitalization suit filed manhattan names boston corp fbc and seeks void issue harcourt shares super voting preferred stock boston securities corp and issue convertible voting preferred stock votes harcourt employee stock ownership plan preferred shares issued boston votes suit brought derivatively behalf harcourt and individually british printing capacity substantial holder harcourt common shares and pct convertible debentures suit alleges harcourt special dividend exceeds billion dlrs harcout surplus for dividends york law and contstitutes fraudulent conveyance lawsuit alleges that harcourt failed disclose that consequence payment dividend terms illegal will that shareholders will liable repay harcourt last week pay dlrs per share stockholders special dividend harcourt announced extensive recapitalization plan analysts aimed thwarting takeover effort british printing british printing last week withdrew dlr per share two billion dlr offer for harcourt recapitalizaton plan time reviewing alternatives british printing filed suit consultation advisers lawsuit alleges that harcourt failed disclose effect special dividend harcourt pct convertible debentures british printing alleges effect will enormous increase effective june record date for dividend number harcourt common shares issuable conversion debentures british printing charged harcourt unlawfully coercing debenture holders convert denbentures record date harcourt not authorized common shares honor conversion date british printing holds shares and mln dlrs worth debentures suit alleges that management board directors and boston engaged illegal scheme entrenchment combination selling boston securities corp super voting preferred bargain price grant company employee stock plan convertible voting preferred six mln share open market repurchase program and manner financing structured reuter 
acq	steinberg group pct pizza inn pza group controlled york investor saul steinberg told securities and exchange commission acquired shares pizza inn inc pct total outstanding common stock group includes reliance financial serivces corp subsidiary reliance group holdings inc rel bought stock investment add stake sell steinberg group bought stock for mln dlrs open market purchases april and prices ranging dlrs share reuter 
acq	supermarkets general sgl tender expires smg acquisition corp subsidiary merrill lynch capital partners inc mln shares supermarkets general corp validly tendered midnight friday expiration resulting preliminary proration factor pct merrill lynch expects announce final proration factor business days and begin payment immediately thereafter shares validly tendered represented pct outstanding shares supermarkets general announcement cash tender offer for mln shares dlrs net per share reuter 
crude	opec output ceiling mln bpd london june opec output appears risen mln bpd ceiling mln bpd and increase likely put short term lid spot oil prices kleinwort grieveson securities kleinwort latest world oil report stocking and lower opec output earlier this year group produce mln bpd current quarter supply demand front market continues enjoy degree stability rarely recent years opec members overproducing slightly united arab emirates uae quota report saudi arabia had sending clear signals maintain oil prices current levels dlrs barrel and adopt provisional output rises agreed december opec meets vienna june opec adopts provisional ceilings mln bpd quarter and mln bpd fourth will room for overproduction quarter demand for crude will mln that uae and ecuador demand higher quotas vienna biggest obstacle iraq refused honour quota that gulf war enemy iran opec appears committed short meeting and realises iraq issue report kleinwort sources saudi arabia held separate talks iran and iraq and urging iraq moderate strong indication that kind deal eventually worked almost complete silence coming iran indications that return for saudi desire maintain official prices vienna iran seeking concessions kingdom iraq issue kleinwort kingdom will face increasingly uphill task maintain prices dlrs firstly opec hardliners led iran bound oppose such move secondly opec members will press for another price rise dollar remains weak currencies thirdly saudi arabia forced raise prices earlier intended ward growing calls for higher prices stimulate domestic drilling and exploration report concluded that strong possibility official opec prices will rise dlrs barrel end and dlrs barrel end reuter 
acq	suburban bancorp woodstock bancorp merge suburban bancorp inc and woodstock state bancorp inc agreed merger suburban will purchase woodstock shares for total mln dlrs cash and suburban bancorp shares woodstock holding company for mln dlr state bank woodstock merger will bring suburban assets mln dlrs and total banks merger subject regulatory and shareholder approval reuter 
interest	bankers ecgd financing plan representatives major based banks meeting today plan for reducing cost financing british exports guaranteed export credits guarantee department ecgd senior banking sources plan developed conjunction ecgd and bank england ecgd bank england comment plan bankers main points discussion plan refinance bulk ecgd medium term credit portfolio international capital markets proposals involve introducing set interest margins ecgd backed debt pct depending size and maturity credit and currency banks likely push for higher margin bankers that rates reduce bank return proposed year ago government attempted unsuccessfully initiate another cost reduction plan time banks expected ecgd realise additional savings refinancing existing government backed credit capital markets credits that refinanced original lender receive residual margin pct for loans mln stg and pct larger transactions reuter 
acq	coke consolidated coke sell canada unit coca cola bottling consolidated agreed principle sell vancouver based canadian bottling subsidiary coca cola for undisclosed terms closing expected days subject regulatroy approvals company sale previously announced agreement for coca cola buy coke consolidated common shares and operating cash flow reduce long term debvt nmln dlrs mln dlrs end quarter reuter 
acq	campeau cmp unit sell garfinckel campeau corp allied stores corp entered into definitive agreement sell garfinckel division raleigh stories corp for mln dlrs transaction expected close july company garfinckel net sales for fiscal mln dlrs company campeau expects sell remaining allied divisions future campeau announced agreement sell allied unit april company reuter 
acq	wallace computer wcs buy office products firm wallace computer services inc acquired for mln dlrs cash and industrial revenue bonds assets rockwell barnes inc chicago based office products company reuter 
acq	sun sun acquire wyoming field wolverine exploration substantially material aspects agreement sell pct working interest luckey ditch unit unita county wyo sun inc satisfied closing transaction scheduled for june wolverine company agreed sell interest for dlrs subject downward adjustment for title and state requirements sun owns pct working interest unit reuter 
earn	consolidated professor cpf qtr net shr profit nil net profit loss revs note full name consolidated professor mines reuter 
acq	geodyne geod sets warrants acquisition geodyne resources inc iit filed registration securities and exchange commission covering planned offering mln warrants buy common company board evaluating proposal acquire closely held snyder exploration for mln geodyne shares members geodyne senior management serve senior management snyder and painewebber group inc pwj owns pct geodyne mln outstanding shares substantial equity interest snyder acquisition evaluated geodyne board members not employed company painewebber company affiliated painewebber will subject approval board and series preferred shareholders geodyne resources registration related stock exchanged for snyder filed sec not become effective snyder owners painwebber geodyne president michael tomasso and executive vice president james snyder company warrants will offered solely investors painewebber geodyne energy income program for dlrs invested program investor will entitled buy warrant purchase geodyne common share price equal pct average closing price stock for trading days prior formation partnership investor subscribes adddition geodyne painewebber investment executives market program will entitled receive warrant for dlrs subcriptions generated year vesting period warrants exercise price equal pct day average company warrants priced cts each this price suject evaluation independent underwriter reuter 
earn	detection systems detc year end march shr cts nil net revs mln reuter 
earn	bildner and sons inc jbil qtr shr nil net revs reuter 
crude	compromise likely conoco statoil dispute norway expected seek compromise solution defuse row den norske stats oljeselskap stat statoil and conoco norge firm will operate heidrun oil field government sources sources asked not named government will likely recommend that conoco allowed continue field operator development phase statoil taking production starts early oil minister arne oeien told reuters government had today discused heidrun matter that final decision had and questions remained unresolved government announce decision heidrun operatorship thursday cabinet meeting and discussing proposed solution companies sources added this spring norway state owned oil company statoil exercised option heidrun field exploration license that approved government relieve conoco heidrun operator move sharply criticised conoco heidrun cited government and industry likely candidate for field development project haltenbanken exploration tract central norway reuter 
earn	fiat unit fidis reports sharply higher profit year net profit billion lire billion ordinary share dividend lire note finanziaria sviluppo spa financial services subsidiary fiat spa fiat statement that shareholders approved previously announced nominal share capital increase billion lire billion reuter 
acq	royal gold rgld agrees make acquisition royal gold inc signed two agreements principle acquire stock two transwestern mining units for mln shares royal gold common stock royal assets units will acquire transwestern gold properties added expects close deals june and subject standard closing conditions including title and environmental approval and closing definitive agreement royal shares issued deal will subject registration rights reuter 
earn	hawkins chemical inc hwkn qtr mar net shr cts six cts net sales six mths shr cts cts net sales mln mln note per share earnings adjusted for ten pct stock dividend paid february reuter 
acq	partnership ups hbo hboc stake pct andover group great falls investment partnership that seeking control hbo and raised stake company shares pct total shares pct filing securities and exchange commission partnership bought hbo common shares for mln dlrs group slate candidates seeking board seats decide whether submit offer acquire company hbo annual shareholders meeting april postponed reuter 
acq	humana hum buy int medical assets humana inc florida judge approved previously announced proposal for company buy assets international medical centers had declared insolvent and put into receivership early humana will pay mln dlrs state department insurance pay prior claims and mln dlrs working capital reuter 
acq	diversified industries dmc sell units diversified industries inc plans recover mln dlrs sale two marginal subsidiaries chairman ben fixman told annual meeting fixman diversified industries part effort redeploy assets sell theodore sall inc and liberty smelting works units two lost money had marginal profitability recent years diversified process obtaining six mln dlrs industrial revenue bond financing state connecticut modernize company plume and atwood brass mill plant thomaston conn reuter 
acq	insurance firm piezo pepi preferred stake corporate life insurance west chester insurance firm told securities and exchange commission acquired shares preferred stock piezo electric products inc pct total corporate insurance bought cumulative convertible preferred stock stake for dlrs for investment purposes reuter 
acq	cellular inc cels sell unit gain cellular inc reached definitive agreement sell assets wholly owned michigan cellular inc century telephone enterprises inc ctl and add cts share year earnings result sale subject regulatory approval represents capital gain excess dlrs original price paid cellular for cellular interests michigan acquired december reuter 
earn	comptek research inc cmtk qtr march shr cts cts net sales mln year shr cts cts net sales mln mln reuter 
acq	dotronix dotx completes acquisition dotronix inc completed acquisition video monitors inc for mln dlrs video monitors privately owned wisconsin based manufacturer video display and and video monitor devices reuter 
earn	dataflex corp dflx qtr march net shr cts cts net revs year shr cts cts net revs mln note share adjusted for pct stock dividend april reuter 
earn	polydex pharmaceuticals polxf qtr april end shr loss loss two cts net loss loss sales reuter 
acq	clark copy buys norwegian firm clark copy international corp bought norwegian drafting machines company for mln dlrs clark copy majority owned norwegian subsidiary interactive computer aids norway purchased kongsberg drafting systems division norwegian state owned kongsberg vappenfabrikk kongsberg drafting annual worldwide sales mln dlrs clark copy reuter 
acq	society savings socs forms holding company society for savings completed merger into newly formed holding company society for savings bancorp inc share for share basis reuter 
earn	geodyne resources inc geod qtr feb shr profit cts profit cts net profit profit revs avg shrs year shr loss cts profit six cts net loss profit revs avg shrs note share results preferred dividend requirements dlrs dlrs quarter and dlrs dlrs year company pct owned painwebber group inc pwj reuter 
acq	ladd furniture ladf completes acquisition ladd furniture inc completed previously announced acquisition privately held colony house furniture inc for undisclosed amount cash and notes reuter 
acq	philip crosby pcro makes acquisition philip crosby associates inc agreed acquire process integrity inc dallas computer software designer for undisclosed terms process software helps companies monitor industrial processes identifies problems and recommends solutions reuter 
acq	peerless manufacturing pmfg sells unit peerless manufacturing sold industrial sensors and instruments division and panhandle equipment subsidiaries for total dlrs cash transaction will result loss dlrs cts per share will fourth quarter ending june peerless due sale will loss for year sold units buyers not name due increasing losses caused depressed petroleum equipment market peerless earned dlrs cts per share fiscal units sold lost cts per share months fiscal and cts fiscal reuter 
acq	hicks and haas group gets financing for spectradyne acquisition 
earn	united tote inc tote qtr april shr profit cts profit cts net profit profit revs mln mln six months shr profit loss cts net profit loss revs mln mln note half includes revnues racetrack operation reuter 
acq	semicon tools inc making acquisition semicon tools inc signed letter intent acquire majority interest privately held east coast sales distributor and fabricator technical ceramic products and disposable clean room materials and supplies terms not disclosed expects acquisition result substantial sales increase reuter 
acq	safety kleen completes acquisition safety kleen corp completed acquisition pct interest breslube enterprises for mln dlrs stock and cash breslube based toronto collects used lubricating oils auto garages car dealers and businesses and refines for resale annual revenues mln dlrs reuter 
acq	hicks haas group spectradyne spdy funds spi holding inc group consisting hicks and haas and acadia partners received commitments for senior bank financing needed complete proposed acquisition spectradyne inc for dlrs share cash securities total mln dlrs transaction conditioned arrangement financing today executed multi year employment and competition agreements spectrayne senior managers reuter 
acq	computer assoc bolsters hand ibm computer associates international inc mln dlr merger uccel corp uce will eliminate strongest rival company faces stiff competition international business machines corp ibm wall street analysts ibm ruling force mainframe systems software scott smith analyst donaldson lufkin and jenrette combination two companies will present stronger front ibm computer associates will and powerful company field added hutton analyst terence quinn that field segment market system utilities software packages that boost productivity company data processing facilities increasing speed power and efficiency large mainframe computers merger uccel and computer associates combines two biggest systems utilities suppliers ibm analysts remaining players small firms that will find competition harder past for computer associates merger uccel caps six year acquisition campaign that vaulted garden city based company top software industry deal completed august company revenues will exceed mln dlrs pushing past microsoft corp mfst world largest independent software vendor computer associates founder and chairman charles wang company public and since bought companies and boosted annual sales mln mln dlrs for year ended march liemandt charge wyly sold computer businesses and decided that focus solely mainframe computer software company renamed uccel corp liemandt will leave company merger completed turned acquisitions for growth last day uccel completed buyouts six companies for total mln dlrs for earned mln dlrs dlrs share sales mln dlrs agreement industry analysts surprise largely companies had such bitter rivals dallas based uccel had engineered strong comeback dark days wyly corp lost mln dlrs cts share that time wyly owned potpourri businesses involved computer software walter haefner swiss financier and major wyly investor lured gregory liemandt job chairman general electric computer services unit computer associates wang and uccel liemandt news conference that merger give computer users single source for wide range software products addition system utilities computer associates sell products for microcomputers uccel made inroads applications software market analysts successful accounting and banking systems wang computer associates continue support and enhance companies product lines noted that company will eventually weed duplicate offerings pct companies products overlap analysts merger dilute holdings current computer associates shareholders pct joined wang forecasting that deal will not dilute computer associates earnings for current fiscal year quinn hutton wang proven track record completing acquisitions earnings dilution not change earnings estimate dlrs share wang closely combined operations two companies and cut duplication sales marketing and research and development analysts computer associates paid premium for uccel based friday closing price company will swap dlrs worth stock for each uccel share times uccel estimated earnings dlrs share stephen mcclellan merrill lynch research software companies valued times per share earnings analyst uccel worth premium earnings potential and customer base wang haefner swiss investor hold pct computer associates stock merger owns pct uccel executive merger not alter target maintaining sales and earnings growth pct pct addition expects problems deal cleared antitrust division justice department uccel liemandt declined will merger not rule working together wang reuter 
acq	maxwell not renew bid suit fails british press magnate robert maxwell british printing and communication corp plc not renew bid for harcourt brace jovanovich inc hbj lawsuit filed harcourt york today fails speaking press conference maxwell denied market rumors that british printing had approached british institutions arrange rights issue view relaunching bid for publishing concern don chasing mirages maxwell british printing filed suit district court manhattan block maxwell called fraudulent recapitalization announced harcourt last week harcourt response hostile two billion dlr takeover proposal maxwell planned recapitalization that pay shareholders dlrs per share plan pct shares will controlled employees management and financial adviser boston corp fbc reuter 
earn	grand union qtr march net net sales mln mln year net mln mln sales billion billion note twelve and week periods generale occidentale subsidiary prior year net periods includes dlr pretax charge for store closings year net includes pension gain dlrs charge dlrs due change pension accounting income tax rate for year pct pct due abolition investment tax credits elimination investment tax credits approximately offset gain change pension accounting company reuter 
acq	video vvco national merger video vending corp completed acquiring national telecommunications inc national entertainment corp for mln controlling interest video vending shares pursuant transaction harvey seslowsky and william hodes resigned video board and replaced members national reuter 
acq	rapid american completes mart store buy privately held rapid american corp completed previously announced acquisition kresge and jupiter stores mart corp company plans operate stores mccrory and variety stores and close end july reuter 
earn	hughes supply inc hug qtr april net shr cts cts shr diluted cts cts net sales mln mln note average shares pct primary basis reuter 
acq	total health tlht make acquisition total health systems inc agreed acquire comed inc denville health maintenance organization subscribers for undisclosed amount cash assumption liabilities and provision mln dlrs equity and debt financing company acquisition subject regulatory approvals comed had revenues mln dlrs and earnings dlrs and had revenues for months mln dlrs pct year reuter 
acq	united asset uam completes acquisition united asset management corp completed acquisition rice hall james and associates san diego for undisclosed terms rice hall manages investments for institutions and individuals and mln dlrs assets management reuter 
acq	computerland acquired investor group computerland corp investor group led financial services firm warburg pincus and inc agreed acquire computerland business computerland privately held company world largest retailer personal computers declined provide details arrangement company expects close acquisition days announcing transaction computerland acquisition will provide resources and support maintain and expand leadership position computer retail industry computerland network retail sales totalled billion dlrs reuter 
acq	bilzerian pay pak signs merger accord will tender for mln shares 
acq	piosec pio acquires semiconductor stake piosec technology exchanged mln common shares for pct privately owned alliance semiconductor corp santa clara calif followin acquisition piosec spokesman company mln shares outstanding reuter 
acq	operative cobk completes acquisition operative bancorp completed acquisition issued and outstanding stock quincy operative bank qbck agreement quincy stockholders will receive dlrs cash for each share owned quincy operative bank for total transaction approximately mln dlrs operative reuter 
money-fx	reagan allies honor accords exchange rate stability 
acq	info data acquire usa outdoor advertising info data inc will acquire usa outdoor advertising inc jacksonville fla exchange for stock usa outdoor advertising acquired for pct outstanding shares info data inc company info data plans change name usa outdoor advertising inc reflect change company operations reuter 
money-fx	reagan urges fulfillment exchange accords president reagan preparing depart for venice economic summit wednesday united states and allies fulfill agreements exchange rate stability economic policy decisions made last year tokyo and this year meetings group finance ministers paris and washington cannot forgotten commitments made meetings translated into action reagan pre summit speech celebrating anniversary marshall plan reuter 
acq	uni marts imma acquires gas stores uni marts inc acquired gas inc convenience stores for undisclosed amount cash acquisition bring number convenience stores owned uni marts company reuter 
earn	merrill corp mrll qtr april net shr cts cts net revs mln mln avg shrs reuter 
acq	advanced telecommunications atel buy advanced telecommunications corp reached agreement principle purchase teltec savings communications long distance telephone service florida proposed acquisition price approximately mln dlrs cash company reuter 
earn	odetics inc qtr march net shr cts cts net revs mln year shr cts net revs mln mln reuter 
crude	basin pipeline texas okla border washed floods bpd crude affected 
interest	ccc interest higher june usda interest rates commodity loans disbursed commodity credit corporation ccc this month will carry pct interest rate agriculture department that rate pct and reflects interest rate charged ccc treasury june usda noted reuter 
acq	bilzerian prepared tender for pay pak pnp investor paul bilzerian pay pak stores inc enters into merger accord will immediately begin tender offer for mln shares for dlrs per share cash bilzerian told reuters believes offer superior leveraged buyout proposal disclosed announcement company this morning company evaluating proposals bilizerian optimistic offer will accepted meeting board directors wednesday officials pay pak not immediately for comment bilzerian pool mln dlrs raised shearson lehman brothers inc for tender and add bank that submitted agreement prepared sign shares not accepted bilzerian tender exchangeable for dlrs convertible preferred stock asked happen leveraged buyout group company not identify topped offer and board meeting bilzerian expected opportunity respond pay pak gave details buyout group offer contingent financing and agrreement management equity participation bilzerian understanding that management particpation nominal pay pak fell arbitrageurs disappointment that offers topped dlrs expecting offer north dlrs arbitrageur leveraged buyout plan for dlrs per share cash and dlrs pct cumulative preferred stock robert cheadle analyst montgomery securities you industry made bid scott drysdale analyst birr wilson securities company not made strategic moves years not things time and result earnings per share steadily declined since cts per share earnings reported for fiscal year ended february lower earnings earnings totaled mln dlrs revenue mln dlrs drysdale pay pak trained sales people competitors competes price even competitors lower costs result squeezed margins noted that publicly identified bidders stepping forward since company rejected earlier bilzerian proposal mid april another arbitrageur not late for another bidder game speculated that home improvement business offer deal for stock that top buyout proposal and bilzerian plan reuter 
acq	forstmann and plans sell sybron corp unit 
acq	pharmacontrol phar acquires revco unit pharmacontrol corp acquired private formulations inc revco inc for six mln dlrs cash dlr promissory note and warrants buy pharmacontrol common shares pharmacontrol purchase price financed mln dlrs working capital secured institutional financing company betweenm dlrs and dlrs principal amount revco note accrued interest payable june balance payable years pharmacontrol expects make payment due revco proceeds proposed offering units consisting convertible subordinated debenturers and common stock file securities and exchange commission closing public offering company expects secured institutional financing increase total mln dlrs private formulations primarily engaged manufacture and distribution vitamins and private label counter pharmaceutical products reuter 
acq	fisher shareholder indecisive stock buy fisher foods inc fhr richmond road corp largest shareholder not reached definitive decision whether will buy fisher stock merger tender offer another acquisition proposal delaware corporation formed american seaways foods inc rini holding and rego companies owns mln shares fisher pct outstanding common stock fisher had announced april that make decision june move fisher told will continue explore advantages and disadvantages acquisition proposals continuing discuss financial groups financing for such move gave indication financing proposal finalized fisher reuter 
acq	bancorp usbc acquisition approval bancorp oregon advised orally that application for acquisition national bancorp approved board governors federal reserve company advised that received fed approvals for acquisition heritage bank camas wash and for conversion subsidiary thrift and loan salt lake city utah into commercial bank january bancorp and national reached definitive agreement covering acquisition stock national not for mln dlrs bancorp owns pct national stock reuter 
crude	major oil pipeline shut floods flooding red river texas oklahoma border shut basin pipeline inch pipeline that transports barrels per day sweet and sour crudes texas cushing okla texaco pipeline spokesman confirmed water rushing fast that can divers assess damage possibility that pipeline end week company source pipeline transmits roughly two thirds sour crude and sweet crude oil midland texas region texaco sources that pipeline service restored friday problem restoring oil lost flood pipeline days will difficult make prorationing and not proration this pipeline don basin pipeline jointly owned atlantic richfield corp arc shell oil subsidiary royal dutch shell group and texaco inc pipeline operator peter beutel analyst elders futures inc crude oil futures contracts york mercantile exchange rose highs this afternoon news pipeline break july crude futures west texas intermediate traded dlrs barrel rise cts cash market prices firmed news sellers wti raising offers dlrs barrel sour crudes affected pipeline shutdown slow react news west texas sour and alaska north slope holding cts dlr barrel below wti dan stevens manager public and government affairs texaco company hopes fix pipeline days that will depend water level red river recedes evidence that water level dropping and appears rain stopped area affecting pipeline stevens segment pipeline that damaged underground and distance red river that flooded pipeline runs red river and subsoil nearby stevens this subsoil apparently washed potential for environmental damage downplayed this time despite volume oil that runs this line texaco stevens that aerial surveillance not found crude water river lake texoma nearby reuter 
earn	british land america inc bla year march shr loss cts loss cts net loss loss revs mln mln avg shrs mln mln note company subsidiary british land plc reuter 
acq	forstmann and sell unit forstman and plans sell sybron corp unit leading maker and marketer dental and laboratory products for undisclosed sum forstmann acquired sybron february and since that time sybron substantially restructured management lower corporate overhead and location saddle brook fortsmann goldman sachs and will act financial advisor for move added that sybron expects revenues for current fiscal year mln dlrs operating income mln dlrs reuter 
acq	takeover speculation lifts hutton efh shares hutton group inc shares rose speculation company receive takeover offer traders hutton stock affected newspaper report that boston corp fbc accumulated almost pct hutton stock behalf client traders traders story appeared usa today added speculation began street last week rumors stock accumulation and speculation abounded company receive offer hutton official declined comment hutton stock rose hutton months ago rejected buyout offer shearson lehman brothers inc newspaper story mentioned speculation american express axp parent shearson buyer traders rumors today not name buyers boston officials not immediatley for comment prudential bache analyst larry eckenfelder doubted speculation american express believed hutton occassionally surrounded rumors moved today result newspaper article hutton takeover candidate eckenfelder reuter 
acq	hong kong firm ups wrather wco stake pct industrial equity pacific hong kong investment firm raised stake wrather corp shares pct total outstanding common stock shares pct filing securities and exchange commission industrial equity principally owned brierley investments publicly held zealand firm bought wrather common shares and dlrs share mln dlrs total reuter 
crude	congressman unprepared for oil cutoff rep mike synar today that president reagan ready use military force protect kuwait tankers gulf united states ill prepared home deal energy crisis synar democrat oklahoma made remarks comments study general accounting office gao participation test emergency oil sharing program international energy agency iea alliance oil consuming countries formed arab oil embargo find ways deal future oil cutoff synar president prepared military action protect kuwaiti oil tankers unwilling dangerous equally important action prepare nation for energy crisis reagan military protect kuwaiti oilers assure west continuing supply middle east oil increasingly threatened iranian iraqi war synar asked for gao report criticism action previous iea test united states successfully advocated test limited training participants oil sharing procedures and system mechanical aspects reuter 
acq	allied signal ald completes sale mpb corp allied signal inc completed sale mpb corp unit bearing acquisition corp for mln dlrs assumption mpb liabilities headquartered keene mpb designs and makes precision ball and roller bearings used aerospace ordnance and computer applications allied signal unit had sales mln dlrs noted sale newly formed bearing acquisition announced allied signal bearing acquisition newly formed corporation owned investors group organized harold geneen and donaldson lufkin and jenrette securities corp wells fargo bank provided senior debt financing bearing acquisition and donaldson lufkin and jenrette provided bridge financing form subordinated notes preferred stock and common stock amount sufficient fund purchase price allied signal added reuter 
acq	bass group cuts national distillers stake investor group led members bass family fort worth texas lowered stake national distillers and chemical corp shares pct total common pct filing securities and exchange commission bass group sold national distillers common shares and prices ranging dlrs share long group stake below pct not required disclose dealings national distillers common stock reuter 
acq	republic american rawc ups buckeye bpl stake republic american corp told securities and exchange commission raised stake buckeye partners limited partnership units pct total units pct republic controlled cincinnati ohio financier carl lindner and american financial corp bought buckeye units and prices ranging dlrs each mln dlrs total reuter 
acq	kingsbridge masco set merger kingsbridge holdings signed letter intent for merger masco sports inc transaction calls for mln sahres kingsbridge common stock issued shareholders masco reuter 
earn	international corona icr qtr net period ended march oper shr profit cts loss cts oper net profit loss revs not six mths oper shr profit cts loss cts oper net profit loss revs mln not reuter 
earn	royex gold mining rgm qtr march net oper shr loss cts loss oper net loss loss revs six mths oper shr loss cts loss cts oper net loss loss revs note net excludes qtr extraordinary gain mln dlrs dlrs shr sale pct stake mascot gold mines msg full name royex gold mining corp reuter 
acq	dresser industries inc sell reliance standard life insurance rosenkranz unit 
earn	diana corp dna year march oper net oper shr cts cts oper net note operating net excludes credits dlrs cts share operating net excludes discontinued operations dlrs two cts and extraordinary charges dlrs loss cts reuter 
acq	wyse wyse link technologies wyse technology agreed principle acquire privately held link technologies inc exchange for undisclosed amount wyse technology shares link technologies develops and markets computer terminals wyse reuter 
earn	mclain industries inc mccl qtr march shr cts cts net revs mln mln six months shr cts cts net revs mln mln reuter 
earn	phillips van heusen corp pvh qtr shr cts cts net mln mln revs mln mln note includes lifo charge mln dlrs pension expenses declined dlrs due change accounting interest decreased dlrs reuter 
acq	dresser sell unit rosenkranz and dresser industries inc signed definitive agreement sell reliance standard life insurance rsl holding inc subsidiary privately held york based investment firm rosenkranz and terms not undisclosed philadelphia based reliance earned mln dlrs sales mln dlrs dresser will use proceeds sale for stock repurchases debt reduction and possibly complementary acquisitions field engineered products and services for energy producers reuter 
acq	atcor atco seeks buyers for consumer business atcor inc that roth american inc had signed letter intent acquire turco and charmglow operations consumer products segment decided buying charmglow roth american interested acquiring turco atcor reviewing options potential buyers expressed interest consumer products businesses reuter 
earn	international consumer brands icbi qtr shr profit cts loss cts net profit loss revs mln reuter 
acq	uspci upc rejecting union pacific bid share bid made last wednesday union pacific corp unp analysts offer inadequate douglas augenthaler analyst hutton noting that not represent needed premium company fundamental based earnings estimates uspci mln shares outstanding trading uspci vice president finance larry shelton not comment adequacy offer board meet augenthaler that uspci trading dlrs share time takeover bid announcement that day higher earnings expectations changed uspci second quarter earnings exceed analysts expectations cts share that price uspci maintain stock price low augenthaler hutton revised earnings estimate for waste management concern dlrs share dlrs announcment lifted projection dlrs share dlrs addition analysts hazardous waste management business holds significant growth potential industry grown pct last years based earnings per share jeffrey klein analyst kidder peabody and industry expected continue growing pct years augenthaler dlr share offer mln dlrs total bargain for union pacific transportation and energy company gain entry into profitable business and win cost control benefits union pacific rumored fairly signficant environmmental problems herb mee president beard oil bec holds pct stake uspci last week union pacific offer grossly inadequate reuter 
crude	total petroleum tpn shuts texas pipelines total petroleum tpn shut small crude oil pipelines operating texas oklahoma border last friday precaution damage local flooding gary zollinger manager operations total shut inch line that runs across ouachita river wynnewood ardmore capacity bpd smaller pipelines inches wide capacities thousand bpd zollinger basin pipeline major pipeline running bpd run consortium oil companies closed today small pipeline that total closed capacity bpd and crosses red river fargo texas zollinger closed pipelines run river water and damaged flooded rivers erode river banks and expose piping zollinger total waiting for river waters recede reactivate pipelines reuter 
crude	doe reaches proposed oil settlements energy department reached proposed oil pricing settlements totaling dlrs operator and working interest owners leblanc vermillion parish trigon exploration inc operated june january for bryan ferguson william rogers omni drilling partnership and entex inc doe alleged trigon caused overcharges dlrs improperly classifying oil newly discovered crude classification that allowed charging higher prices period price controls proposed settlements resolve disputes violations parties doe added that agreeing settlements not admit violations compliance regulations receive written comments settlements making final reuter 
acq	america fabk acquires keystone america bank corp acquired keystone bancshares inc for mln dlrs keystone shareholders will receive dlrs per keystone share payable america convertible preferred stock dividend rate pct keystone two affiliates combined assets mln dlrs america billion dlrs assets reuter 
acq	fluorocarbon fcbn completes acquisition fluorocarbon completed acquisition eaton corp etn industrial polymer division company paid mln dlrs cash for division will renamed samuel moore group fluorocarbon division boost annual sales mln dlrs last year mln dlrs reuter 
earn	charter power systems inc chp qtr shr cts cts net revs mln mln avg shrs mln mln reuter 
acq	financial security fssla acquired financial security savings and loan association signed letter intent for controlling interest acquired investor group led south florida developer william landa terms not disclosed reuter 
acq	edelman group cuts burlington bur stake york investor asher edelman and dominion textile inc dtx seeking acquire burlington industries inc hostile tender offer lowered stake company filing secruties and exchange commission edelman dominion group samjens acqusition corp sold options buy burlington common shares reducing stake company shares pct shares pct group sale represented burlington options owned made for mln dlrs edelman dominion group last week sweetened hostile tender offer dlrs share burlington agreed leveraged buyout morgan stanley and backed group for dlrs share edelman dominion group litigation pending burlington held talks morgan stanley possibility settlement outstanding matters morgan stanley and burlington reuter 
acq	entertainment marketing tops crazy eddie offer quickly growing texas based distributor electronics products offered mln dlrs for crazy eddie inc crzy leading york city electronics retailer dlr per share founder bid dlr share offer entertainment marketing inc for crazy eddie comes two weeks founder eddie antar and firm controlled belzbergs canada announced bid store crazy eddie chain private analysts entertainment marketing revenues and profits quadrupled break into highly competitive york city retail market for consumer electronics nation biggest time fortunes electronics retailers sagged analysts questioned whether houston based entertainment marketing founded electronics retailer present buinesses primarily wholesale distributors had management expertise for retailing drive price crazy eddie shares owns mixed feelings analyst dennis telzrow eppler geurin and turner dallas brokerage hand cheap price hand entertainment marketing management talent run and will crazy eddie people leave risky strategy for entertainment marketing analyst eliot laurence wessels arnold and henderson minneapolis brokerage electronics retailing management concentrated want crazy eddie management place laurence that since entertainment marketing owns percent crazy eddie million shares antar belzberg group increase dlr share offer shares crazy eddie jumped high dlr range dlrs since antar belzberg bid announced rose another cents monday share counter trading antar reclusive founder chain york city philadelphia and connecticut areas last month that group controlled percent crazy eddie shares crazy eddie spokesman company board decision antar belzberg offer worth mln dlrs since shares entertainment marketing not comment offer entertainment marketing sells computer products such disk drives and discounted electronics goods retailers primarily southwest and directly consumers cable television fiscal ending last january revenues rose mln dlrs mln dlrs previous year net profit mln dlrs dlrs entertainment marketing chief executive officer elias zinn once ran electronics retailing business statement had committed mln dlrs purchase crazy eddie and had retained dean witter reynolds inc assist financing balance analyst telzerow estimated that company borrow mln dlrs complete proposed buyout since crazy eddie cash and assets worth amount shares entertainment marketing cents monday reuter 
acq	union func completes acquisitions union corp completed acquisition two florida based banks north port bank based north port and city commerical bank based sarasota reuter 
earn	crop genetics international crop qtr qtr ended march shr loss cts loss cts net loss loss revs year shr loss dlrs loss cts net loss revs reuter 
acq	investors computerland public investor group that agreed buy computerland corp will likely leading personal computer retailer public sell investors industry analysts good time joe levy international data corp personal computer industry bottomed and earlier today closely held computerland largest retailing chain country agreed bought investor group led warburg pincus and york computerland pct owned founder william millard warburg money management and venture capital firm disclose transaction analysts estimated that computerland stores generated billion dlrs sales last year fetch mln dlrs mln dlrs computerland franchise owners pay royalties averaging pct parent company officials for warburg referred questions computerland computerland officials not immediately reached for comment warburg manages billion dlrs venture capital funds and past investments included mattel inc mat and ingersoll newspaper chain money manager billion dlrs management retailers benefitting strong upturn sales analysts computerland make key fend advances rivals businessland inc busl and tandy corp tan radio shack stores name game outbound sales forces customer service and customer support levy international data relations computerland and franchise owners mellowed recently millard forced give managment control company faber chairman and chief executive officer revamped company royalty plan quell franchisee dissent reuter 
acq	ladd ladd unit completes acquisition ladd furniture inc clayton marcus furniture subsidiary completed previously announced purchase privately held colony house furniture inc for undisclosed amount cash and notes reuter 
acq	cis cisif agrees second extension cis technologies inc that and swiss reinsurance zurich switzerland agreed second extension two dates for final part share purchase agreement june election date extended june and june closing date changed july reuter 
acq	waste management wmx board okays modulaire buy waste management inc directors approved accord modulaire industries modx waste management acquire modulaire agreement modulaire stockholders receive dlrs waste management stock for each modulaire share modulaire scheduled special shareholders meeting for july vote merger waste management received proxies holders pct modulaire common stock that voted favor merger hart scott roding waiting period takeover will expire june reuter 
acq	burlington bur hearing continue tomorrow district court judge eugene gordon plans issue decision tomorrow burlington industries inc request for injunction stop samjens acquisition corp takeover bid for company wall street sources outcome case pivotal determining winner fierce takeover battle for burlington largest textile maker gordon presided six hours argument today lawyers for burlington and samjens partnership formed dominion textile inc and york investor asher edelman hearings scheduled continue tomorrow preliminary injunction hold samjens billion dlr offer case decided burlington had previously agreed billion dlr buyout morgan stanley group inc dlr per share lower sweetened dlr per share bid made samjens last week burlington not responded samjens offer burlington alleged lawsuit that edelman and dominion used illegally obtained confidential information company making takeover attempt that information burlington provided james ammeen burlington executive painewebber group inc pwj ammeen had worked for burlington for years had divisions pct burlington sales reporting left burlington november burlington signed contract promising never divulge inside information company burlington lawyers shortly left began working painewebber employee hostile plan takeover company dismember company and displace management burlington lawyer hubert humphrey samjens lawyers acknowledged received information painewebber argued information public information and obtained texitle industry analysts burlington public financial statements burlington lawyers painewebber and ammeen met edelman and dominion november and continued meet couple days edelman and dominion public april intention company burlington lawyers claim dominion board decided attempt takeover burlington ammeen met board february burlington lawyers edelman and dominion held discussions painewebber and ammeen acting financial advisers samjens allege talks broke painewebber and ammeen not satisfy edelman and dominion written statement that not provide inside information lawyers for samjens contended that painewebber and ammeen withdrew potential advisers burlington chairman frank greenberg had called painewebber executive and threatened legal action painewebber involved effort takeover burlilgnton ultimate question not price per share profit permissable standards conduct for takeover american company burlington lawyer humphrey burlington lawyers contended that burlington largest manufacturer denim united states violation anti trust laws acquired dominion canada largest textile maker dominion denim manufacturing plants georgia reduce competition denim market lawyers samjens lawyers discounted concern market for denim fragmented burlington contends and that burlington ability switch light weight and heavy weight denim production demand and price dictate samjens lawyers pointed lawsuit filed burlington canada bid for dominion surely sauce for goose sauce for gander sidney rosdeitcher samjens lawyer reuter 
acq	edelman details burlington bur options sale tender offer asher edelman and dominion textile dtx for burlington idustries inc not affected investors sale options buy burlington stock associate edelman noting that tender offer place aide investors prohibited securities and exchange commission regulations exercising options long tender offer open options due expire end june sale options buy burlington shares event reuter 
acq	cont materials cuo ends consideration bid continental materials corp directors decided not give consideration business combination proposed stockholder group that holds pct continental materials stock continental materials offer had received continental associates group louis businessmen continental materials group boost stake continental materials group letter last week company that group had financing board not official offer continental materials spokeswoman reuter 
acq	ameribanc ainv cardinal end acquisition ameribanc investors group and cardinal savings and loan association jointly announced that proposed acquisition cardinal ameribanc terminated mutual agreement reuter 
acq	court upholds bank building tender bank building and equipment corp america delaware chancery court denied stockholder request for preliminary injunction offer for bank building stock made company and employee stock ownership plan and trust bank building joint offer for shares bank building stock dlrs share offer scheduled expire midnight edt june bank building board set july date company annual meeting record date july six reuter 
acq	harcourt hbj debentures trigger suit holders convertible subordinated debentures harcourt brace jovanovich inc threatened sue company not information investment will affected company proposed recapitalization plan holders willing identified harcourt urged that convert shares common stock june record date for special dividend unable determine for continue holding debentures rumors that houses will bring litigation don answers wall street source officials harcourt declined comment citing suit brought british publisher robert maxwell acquire harcourt executives boston inc harcourt financial adviser not return telephone call seeking comment announced recapitalization harcourt advised holders pct convertible subordinated debentures due convert into common june record date for company special dividend harcourt special dividend pays dlrs per share cash security worth dlrs holders retain stock recapitalized firm debentures had convertible dlrs per share harcourt announcement conversion price adjusted indenture covering securities arbitrageurs conversion formula yielded negative number and needed information company reuter 
crude	south korea increases duty crude imports south korea increased duty crude oil imports dlrs barrel dlrs effective today energy ministry duty raise funds for special energy projects adjusted average crude import prices rose dlrs barrel april dlrs march and dlrs april ministry officials separate pct import tax crude oil unchanged reuter 
acq	equiticorp tasman bid for monier equiticorp tasman etl will offer dlrs share cash for issued capital monier mnra subject dlrs share bid csr csra alternatively etl will offer shares cents cash for each monier share statement previously reported etl moved into market for monier shares last week taking stake pct friday holds pct maximum allowed foreign investment review board firb approval etl classified foreign zealand base etl cash offer values monier issued capital mln shares mln dlrs mln for csr bid based current price etl shares dlrs alternative worth dlrs per share etl shares for offer aproximates diluted asset backing etl march etl offer will minimum acceptance conditions and will subject australian foreign investment and hart scott rodino anti trust clearances etl chairman allan hawkins statement that shareholding monier long term investment etl and feltex international associate targetted building products sector area expansion and monier fits this aim added monier chairman bill locke separate statement that independent directors monier intend recommend acceptance etl bid absence higher bid monier will not proceed for two bonus issue announced interim results march view proposed takeover bids previously reported csr offer involves complex put and call option deal monier major shareholder redland plc rdld redland choice accepting csr offer for pct stake moving pct six months bid closing csr officials made clear that redland taking second option resulting two companies running monier joint venture csr officials had intention raising company bid for monier etl intervention public last week reuter 
money-fx	venezuela tightens foreign exchange restrictions venezuela central bank ordered venezuelan banks and exchange houses cease foreign exchange operations brokers based country copy central bank telex made reuters measure confirmed brokerage firm effectively cut foreign participation venezuela volatile currency market telex issued signed carlos hernandez delfino manager bank department international operations telex restriction business foreign brokers line earlier measure prohibiting foreign exchange houses selling dollars foreign currencies living venezuela recent weeks venezuelan government denied rumours that intends impose foreign exchange controls prop weakening bolivar brokers central bank move facto currency control control sense that longer complete freedom operate broker gradually imposing restrictions and direction complete control broker broker requested anonymity virtually venezuelan customers had stopped business since central bank issued telex and telephone calls that restriction imposed volume firm transactions venezuela mln dlrs day frenetic market quite active broker logical explanation for prohibition firm acted act intermediary venezuelan brokers exchange houses and banks weren buying dollars venezuelans that ridiculous rampage foreigners broker noted that two months ago venezuela central bank quietly announced that banks foreign exchange business venezuela respect pct reserve requirement february central bank prohibited trading bolivar futures broker used forward market for small currency miraculous bolivar averaged dollar continue slip current range central bank rapidly running foreign reserves support currency free market reuter 
interest	tokyo bundesbank schlesinger sees reason lower interest rates 
earn	fujitsu itsu group year ended march group shr yen net billion billion current billion billion operating billion billion sales billion billion reuter 
crude	mees newsletter oman offers oil discounts oman granted term crude oil customers retroactive discounts official prices cents per barrel liftings made february march and april weekly newsletter middle east economic survey mees mees price adjustments arrived negotiations omani oil ministry and companies concerned designed compensate for difference market related prices and official price dlrs per barrel adopted opec oman since february reuter 
interest	bundesbank sets repurchase tender bundesbank set tender for day securities repurchase agreement offering banks liquidity aid minimum bid rate pct central bank spokesman banks make bids gmt today and funds allocated will credited accounts tomorrow banks repurchase securities pledged july reuter 
earn	storehouse reports higher profits weeks april share basic fully diluted final dividend making pretax profits mln stg mln turnover mln stg mln profit retail operations mln stg mln tax mln stg mln profit tax mln stg mln extraordinary items debit mln stg debit mln note full name storehouse plc sthl reuter 
earn	norcros profits advance year march shr final dividend making pretax profit mln stg mln turnover mln stg mln group operating profit mln stg mln share associates profits mln stg mln investment income mln stg mln interest payable mln stg mln tax mln stg mln leaving mln minorities debit mln stg debit mln extraordinary items credit mln stg debit mln operating profits breakdown class business building materials manufacture mln stg mln distribution mln stg mln specialist print and pack mln stg mln international mln stg mln head office and property mln stg mln discontinued sold businesses stg mln operating profits geographic breakdown britain mln stg mln africa mln stg mln australasia mln stg stg north america mln stg mln note full name norcros plc ncro reuter 
acq	stad rotterdam takes stake swiss owned insurer dutch insurer stad rotterdam anno asrn july will pct shares europeesche verzekering maatschappij fully owned unit swiss insurer union rueckversicherungs gesellschaft stad rotterdam chairman lucas van leeuwen told reuters raise stake majority interest two companies found sufficiently compatible van leeuwen that due partly fact europeesche made losses and pct stake obtained below shares intrinsic gave precise sum europeesche specialises travel and recreation insurance had premium income mln guilders stad rotterdam premium income billion guilders making largest dutch insurer europeesche made loss mln guilders narrowed mln guilders van leeuwen company for independent recovery and expected reduce losses reuter 
acq	duffour igon backing aga takeover bid french industrial gas group duffour igon decided back takeover bid swedish industrial gases group aga aga ending lengthy battle rival bidders france spain and west germany duffour igon chairman jean igon board agreed late last night back aga bid and advise shareholders accept swedish group latest offer francs per share told reuters main bidders union carbide corp french subsidiary union carbide france and west germany linde ling aga topped rival bids for gases distribution group raising offer francs francs this accepted spain carburos metalicos sold aga six pct duffour igon stock and refusal remaining pct stock holds won french midi pyrenees development authority agreed sell aga pct stake duffour igon aga offer shareholders can accept cash bid exchange share duffour igon for bond nominal francs pct coupon issue aga france bond issue guaranteed parent aga takeover battle for toulouse based company controls pct french industrial gas distribution market began april offer francs per share union carbide france aga offer puts price mln francs company closes june and results will announced july duffour igon shares quoted yesterday francs buyers series suspensions takeover tussle traded francs january suspension reuter 
money-fx	poehl set for years bundesbank for currency dealers karl otto poehl scourge speculators for bankers man played key role shaping world financial destiny for last years and for germans guardian mark president powerful and independent west german central bank bundesbank poehl likely contract renewed for another years expires end this year government officials index economic spotlights page ecra official announcement made raising eyebrows west germany business community ebullient poehl spent years bonn top ministerial posts social democrats opposition moved bundesbank speculation that chancellor helmut kohl replace poehl man closer christian democrats officials noted that poehl worked closely and successfully finance minister gerhard stoltenberg since kohl government office poehl senior central banker apart paul volcker united states enjoys strong international reputation newcomer years build circumstances kohl will overlook poehl past adviser social democrat chancellor willy brandt and top aide helmut schmidt finance minister bankers schmidt chancellor appointed poehl present job recent months mark strong rise dollar poehl made exchange rates central concern bundesbank council highly conservative institution doggedly pursued monetary policies prevent inflation catching hold older germans can remember two bouts galloping inflation this century consumer prices falling for and inflation negligible this year poehl thinks safe relax monetary reins and concentrate dangers german economy bloated exchange rate opinion that efforts stabilise dollar mark rate reached high priority for bundesbank massive revaluation mark endanger economy west germany told business journalists frankfurt recently ute geipel head research citibank that poehl reappointment guarantee flexible monetary policy poehl policy policy not focus rigidly domestic factors external economy economist german bank declined identified poehl confirmed post will for pragmatic not rigidly oriented money supply poehl great struggles recently persuade united states stop talking dollar for poehl significance february louvre accord that united states agreed join efforts stabilise currencies louvre accord greeted scepticism currency dealers put test fact dollar relatively stable since pact this markets perhaps don central banks can poehl intervention currency markets can quickly turn rates round making speculator position worthless poehl born and worked financial journalist starting ministerial career relaxed sun tanned figure enjoys cracking jokes glass beer stereotype central banker keen sportsman likes watch football and play golf poehl currency market intervention cannot substitute for correct economic policies exchange rates imbalanced you can achieve enormous effect small amount you strike moment bundesbank dealers professional and skilled burnt fingers people and unlike speculators poehl notes bundesbank dealers make profit reuter 
earn	rue raises annual profits pct year ended march fin div making shr pretax profit mln stg mln net mln mln turnover mln mln net interest payable mln mln profit share related companies mln mln note rue plc dlar proposes offer ordinary shareholders opportunity receive dividends form shares alternative cash reuter 
ship	kuwait rejects iranian spy boat charges kuwait target iranian anger emirate backing for iraq gulf war today rejected charges that fishing vessels seized recently iran spy boats bases truth contents iranian accusation nature operations vessels recently into custody iran vessels fishing foreign ministry statement iranian charge affaires mohammad baqeri summoned ministry yesterday confer foreign undersecretary suleiman majed shaheen iranian news agency irna sunday iran had seized kuwaiti speed boats and detained crew confessed spying for iraq cover fishing boats intercepted khur abdullah waterway separates kuwait and iraq faw peninsula head gulf captured iran last year kuwaiti response iranian envoys toured gulf arab states responsibility for security and stability waterway regional matter senate team scheduled today meet kuwait crown prince and prime minister sheikh saad abdulla sabah and defence and oil ministers today foreign ministry statement carried kuwait news agency kuna recent detention kuwaiti fishing vessels iran not tehran past had held back number vessels kuwait had sought release diplomatic contacts kuwait perplexed that this time iranian charges accompanied accusations that vessels undertaking espionage activities shaheen condemned detentions and accusations and asked tehran free fishing boats and sailors held iran statement reuter 
crude	saudi arabia will not agree mad oil price rise saudi arabia oil minister hisham nazer riyadh not agree cut oil prices and not accept mad increase that drive consumers told riyadh newspaper saudi arabia follows balanced petroleum policy not approve decrease prices current levels and not accept mad increase that drive consumers and make and find alternative sources for energy opec agreed last december cut production world prices hit lows agreed pricing system aimed stabilise market dlrs barrel opec scheduled meet vienna june will review current oil price and production policy saudi arabia king fahd last month that wanted oil prices remain stable for two years saudi arabia architect current pricing and production pact backed kuwait and uae current pact set production ceiling for half mln bpd and implemented fixed prices based dlrs barrel average reuter 
money-fx	taiwan curbs inflows foreign exchange taiwan central bank announced that today overseas foreign exchange borrowings local and foreign banks frozen level reached end central bank statement added that measure effective end july bankers measure designed curb inflow foreign exchange and slow growth money supply added that move sparked record single day plunge local stock market limit ability lend foreign exchange importers and exporters foreign exchange borrowings local and foreign banks reached almost billion dlrs end april official statistics last week central bank that today reduce purchase forward dollars banks pct pct contract move needed distortions foreign exchange market exporters nervous appreciating taiwan dollar heavily selling forward dollars interbank market avoid exchange rate losses official figures show that forward dollar sales reached record almost six billion dlrs billion april taiwan foreign exchange earnings converted into local dollars boosting money supply time booming exports money supply rose seasonally adjusted pct year end april raising fears higher inflation march central bank clamped tight restrictions remittances foreign exchange companies and individuals taiwan move curb inflows speculative money economists and bankers estimate that rising local dollar attracted ten billion dlrs speculative money into taiwan since early last year flowed hong kong japan and since september taiwan dollar risen pct dollar bankers government efforts stabilise foreign exchange market prelude lifting curbs capital outflows central bank controls will dropped end july early august foreign exchange dealers today announcement caused jitters market foreign and local banks making heavy purchases dollars central bank sold mln dlrs taiwan stock market plunged record points close reuter 
interest	nakasone sumita agree discount rate cut not central bank sources 
interest	nakasone sumita agree rate cut not prime minister yasuhiro nakasone today agreed bank japan governor satoshi sumita that cut discount rate not present central bank sources told reuters two discussed subject routine meeting sumita told nakasone not feel rate cut and nakasone expressed understanding sources currency dealers speculated that japan and west germany come pressure week venice summit cut interest rates boost economies nakasone not sumita due attend summit reuter 
trade	japan concerned trade threats minister japan disappointed recent threats trade retaliation european community trade situation two improving japanese trade and industry minister hajime tamura deeply concerned that moved harsher line japan despite this tangible improvement speech prepared for delivery opening centre designed improve understanding two sides last week foreign ministers nations agreed impose tariffs range unspecified japanese electrical goods tokyo opened markets exports tamura referred pct rise japanese imports manufactured goods year ended march feel this strong step road balance expansion not deny existence trade deficit japan and rectified not reducing trade import restrictions export restraints expanding trade tamura reuter 
acq	glynwed buys gallaher units for mln stg glynwed international plc glyn had bought issued shares two companies belonging gallaher subsidiary american brands inc amb deal worth mln stg full names companies purchased gallaher formatura iniezione polimeri spa genoa and fip weybridge consideration for purchases will based net asset values per share companies finalised mln stg total represents debt assumed glynwed fip manufacturer valves and pressure pipe fittings thermoplastics products complementary glynwed subsidiaries durapipe and philmac acquisitions appreciably develop and strengthen glynwed strategic position thermoplastic pipework systems market sale gallaher reflects decision dispose peripheral businesses proceeds sale will used continuing expansion gallaher group glynwed shares announcement gallaher not quoted london stock exchange reuter 
money-fx	kuwaiti dinar rates firm aid window open interest rates kuwaiti dinar deposits held firm scattered trading despite central bank decision revive limited funding lines dealers central bank last tuesday shut daily aid window lent funds year reopened facility for month money pct offered month funds pct swap facilities dealers today central bank action combined sales dollars banks helped ease recent credit squeeze engineered monetary authority stem rush for currency arising attractive interest rates and gulf tension dealers dealer noted market unsettled overnight funds bid pct outset business traded pct easing liquidity dragged offers pct close tomorrow for buy sell quotes started pct ended spot opening bids dealers quoted week early month rates level trade dealers quoted months pct and six month year funds six pct reported offshore offers overnight tomorrow and year pct close central bank fixed dinar exchange rate steady dollar yesterday spot dinar reuter 
acq	boeing starts argosystems argi bid boeing started dlr per share tender offer for shares argosystems inc that announced yesterday morning newspaper advertisement company offer withdrawal rights and proration deadline expire june extended offer not conditioned receipt minimum number shares boeing pct argosystems shares tendered will buy shares pct tendered plans buy pct offer boeing pct argosystems shares tendered purchase shares tendered exercise options holds give pct argosystems boeing buy shares tendered argosystems granted boeing option buy shares pct interest dlrs each and shareholders granted boeing option purchase shares price pct outstanding taking company option into consideration merger tender price that approved argosystems board follow offer reuter 
acq	dumez united westburne uwi shares dumez investments inc accepting and paying for shares united westburne industries response dlr per share tender offer and extended offer june dumez pct owned dumez dump and pct unicorp canada corp unia shares represent pct not controlled westburne international dumez previously acquired tender reuter 
acq	italy agip petroli buys stake company state oil firm agip petroli spa acquired pct stake steuart petroleum independent oil products company financial terms not disclosed agip petroli subsidiary state energy concern ente nazionali idrocarburi statement that remaining pct firm owned steuart investment holding company that operates sectors transportation hotels and insurance italian firm steuart petroleum operates primarily east coast reuter 
acq	carolco crc bid for lieberman lman lieberman enterprises inc carolco pictures inc negotiating for acquisition pct lieberman shares held families chairman david lieberman and president harold okinow dlrs each and deal concluded public shareholders offered price for shares lieberman carolco bid public shareholders cash shareholders offered securities alternative offer occur days closing sale initial pct stake company company final agreement not reached transaction negotiations expected concluded early june present management expected continue operate lieberman company lieberman distributes prerecorded music video movies and products reuter 
crude	saudi arabia opposes drastic change oil price saudi arabia oil minister hisham nazer riyadh not agree cut oil prices and not accept mad increase that drive consumers told riyadh newspaper saudi arabia follows balanced petroleum policy not approve decrease prices current levels and not accept mad increase that drive consumers and make and find alternative sources for energy opec agreed last december cut production world prices hit lows agreed pricing system aimed stabilize market dlrs barrel opec scheduled meet vienna june will review current oil price and production policy saudi arabia king fahd last month that wanted oil prices remain stable for two years saudi arabia architect current pricing and production pact backed kuwait and uae current pact set production ceiling for half mln bpd and implemented fixed prices based dlrs barrel average reuter 
earn	hanson trust shows sharply higher half year profit six months ended march share diluted interim dividend pre tax profit mln stg mln net profit mln mln sales billion billion operating profit mln mln interest and income central expenses credit mln debit six mln company full name hanson trust plc hnsn operating profit sector consumer goods mln stg mln building products mln mln industrial mln food mln nil sectors consumer goods mln stg mln building products mln mln food mln two mln businesses owned and sold nil mln reuter 
earn	harnischfeger industries inc hph qtr net april end oper shr cts cts oper net sales mln mln orders mln mln half oper shr cts cts oper net mln sales mln mln orders mln mln backlog mln mln note prior year net excludes losses discontinued operations mln dlrs quarter and mln dlrs half net excludes tax credit dlrs credit reversal dlrs quarter credit dlrs nil half results include syscom corp december purchase and beloit corp march purchase orders exclude mln dlrs acquired syscon acquisition backlog january mln dlrs average shares mln mln quarter and mln mln half income tax provisions dlrs dlrs quarter and dlrs dlrs half current quarter tax rate pct benefited wisconsin department revenue decision company reuter 
earn	seal inc sinc qtr april net shr profit cts loss six cts net profit loss sales half shr profit cts profit cts net profit profit sales mln avg shrs reuter 
acq	eni unit agip petroli buys stake company subsidiary state energy concern ente nazionali idrocarburi entn eni acquired pct stake steuart petroleum independent oil products company financial terms not disclosed agip petroli spa statement that remaining pct firm owned steuart investment holding company interests transportation hotels and insurance italian firm steuart petroleum operates primarily east coast reuter 
earn	del webb investment properties inc dwpa qtr shr cts cts net revs reuter 
acq	basix corp bas sell unit cubic cub basix corp agreed principle sell stock automatic toll systems inc subsidiary cubic corp for mln dlrs company retain automatic toll assets worth mln dlrs dispose time company completion transaction subject approval boards and basix banks and expiration hart scott rodino waiting period reuter 
earn	oncor inc oncr qtr loss shr loss cts loss cts net loss loss sales reuter 
acq	resdel rsdl san bar sbar merger deal resdel industries inc agreed acquire san bar corp share for share exchange san bar distributes shgares break free corp subsidiary san bar shareholders share for share basis company merger san bar barry hallamore and lloyd hallamore san bar director corporate development dlrs and dlrs respectviely agreements entered into october reuter 
ship	colombo defend waters india readies flotilla sri lanka today ordered armed forces defend island territorial waters india prepared send flotilla relief supplies that colombo not want for tamils jaffna peninsula sudden crisis sri lanka and giant neighbour deepened prime minister ranasinghe premadasa told parliament territorial limits and can allowed trespass president junius jayewardene ordered army navy and air force protect island and territorial waters premadasa round applause house delhi indian spokesman plan send flotilla small unarmed boats red cross supplies jaffna tomorrow ahead despite colombo objections confrontation latest result long and bitter conflict sri lanka buddhist sinhalese majority and hindu tamil minority strong ethnic and cultural links india mln tamils reuter 
money-fx	lawson louvre currency accord satisfactory louvre agreement group finance ministers and central bankers stabilise currencies worked and fundamental strengthening economic summit venice june chancellor exchequer nigel lawson previewing summit expected not produce major economic initiatives lawson told reporters work remained improving conditions for lasting world economic growth side measures boost growth that scope for reduction interest rates germany added stressed that had had indication that such move likely made mention japanese interest rates lawson embark gradual reduction fiscal deficits two years february louvre accord had produced satisfactory exchange rate stability part heavy coordinated intervention group central banks and content sterling exchange rate pointing record billion stg rise currency reserves announced today playing full part ourselves intervening greater extent had hitherto lawson risk that louvre agreement falter member states not implement macro economic commitments underlying accord difficult maintain exchange rate stability countries not implement commitments paris this respect budget deficit important noting billion yen economic package announced japanese prime minister yasuhiro nakasone last week lawson needed japan increase merchandise imports supply side measures critical specific range consumer and agricultural goods extremely restrictive regime wholly unjustified lawson doubted that tokyo partners indulge japan bashing summit economic stimulation package and announcement nakasone plans increase japanese development aid years japan flexible stance tokyo stock exchange membership deflect criticism thought west germany come pressure summit adopt similar stimulation measures jack faltering economic growth this respect lawson hoped bonn bring forward january part agreed package tax cuts scheduled for called bonn push ahead privatisation german national industries debt lawson expected point british plan alleviate burden poorest sub saharan countries make progress venice plan involving concessional rescheduling sovereign debt paris club proposed imf and world bank meetings washington earlier this year lawson seek consolidate political backing for plan venice summit and hoped programme finalised autumn meetings imf and world bank welcomed recent moves citicorp and chase manhattan increase sharply world debt provisions blow for realism second market response shown that banks fear this sort move felt citicorp banks follow bank england recommendations strengthening balance sheets and making provisions extent lawson adding banks determine size provisions dismantling farm subsidies discussed summit consensus push reuter 
acq	centel cnt completes sale centel corp completed sale water properties serving customers southwestern kansas communities central kansas utility columbia terms not disclosed reuter 
acq	csr proceeding offer for monier csr csra intends proceed planned bid for building materials group monier mnra despite counter bid equiticorp tasman etl csr executive director gene herbert told reuters etl today offer dlrs each for monier issued capital mln shares share alternative this compares dlr cash element csr proposed bid proposed offer etl controlled zealand entrepreneur allan hawkins built pct stake monier mln dlr share raid recent days herbert britain redland plc rdld holds pct monier supported csr bid and had told csr not seller redland wanted maintain and build operations australia and monier built strong presence notably roofing tile manufacture csr offer contains put and call option agreement redland this enables redland accept csr bid six months close lift stake pct period and run monier joint venture csr csr that redland will second option etl declined intervened monier describing long term investment etl bring synergies monier unlike csr leader building materials herbert fit monier csr that will concentrate development core businesses sugar and building materials moves into energy years ago asked thought etl bid sought achieve herbert puzzled hawkins strategy monier main target herbert csr had plans raise bid and higher price difficult justify fundamentals monier trading dlrs csr launched original bid times earnings late april shares closed dlrs today cents yesterday etl withdrew reaching top foreign shareholding level permitted foreign investment review board firb approval bid subject firb approval herbert that institutions likely accept share alternative cash judge respective values etl and csr shares etl group become involved acquisition monier this year redland held discussions takeover csr bid emerged negotiations foundered price share analysts that for this reason not etl intervention flush full redland bid monier ultimate fate rests hands redland driving seat tim cohen ord minnett adding that redland happier csr partner running monier etl monier independent directors recommended etl bid reuter 
earn	comp card international inc cucd qtr periods ended april shr cts cts net revs mln mln avg shrs mln mln note net includes gain dlrs cts share tax loss carryforwards reuter 
acq	montrose holding acquire virginia federal virginia federal savings and loan association signed definitive agreement acquired montrose holding affiliate montrose capital corp for mln dlrs virginia federal and montrose capital agreement for conversion virginia federal mutual stock association and purchase pct stock for mln dlrs montrose companies virginia federal mln dlrs assets and operates branches virginia virginia federal proceeds enable provide increased mortgage and lending services and enable company compete effectively virginia market companies agreement subject federal home loan bank board approval expected this year additionally companies converted association managed board directors consisting six current virginia federal directors and two representatives montrose holding senior management virginia federal expected continue office conversion companies reuter 
interest	bank france leaves intervention rate unchanged pct official 
acq	acme precision acl buyout bid dropped acme precision products inc management group withdrawn six dlr per share leveraged buyout offer acme management group dropped bid due continued weakness machine tool industry and acme precision operating results and inability management group obtain modifications terms financing commitment effect factors led management group conclude that six dlr per share price excessive current conditions reuter 
earn	pep boys manny moe and jack inc pby qtr two net shr cts cts net sales mln mln note share adjusted for for stock split payable july holders record july reuter 
acq	elders happy leave carling shares outstanding elders ixl elxa happy leave preferences shares brewer carling keefe outstanding undisclosed bidder made offer acquire carling outstanding preferred stock elders owns pct carling outstanding common shares previously proposed redeem carling series preferred shares canadian dlrs each and redeem series preferreds dlrs share series and preferred shares carry vote dividends paid elders carling identity bidder for carling preferred shares bidder offered acquire carling preferred for dlrs for each series and dlrs for each series share elders leaving carling preferred shares outstanding will not affect ongoing plans company series preferred shareholders had previously rejected carling proposal redeem shares and series preferred shareholders meeting adjourned june reuter 
acq	jones and vining jnsv starts bid for shares jones and vining inc started tender offer for shares dlrs per share company will hold special meeting july for vote approval merger tender price price paid tender and merger reduced fees and expenses court award counsel for plaintiffs class action suit brought delaware chancery court ronda inc plaintfiffs counsel seeking fees cts per share jones and vining company court scheduled hearing proposed settlement suit for july company start tender offer and calling special meeting conditions settlement and completion tender and merger conditioned final approval settlement reuter 
acq	healthsouth hsrc makes acquisition healthsouth rehabilitation corp acquired pine island sports medicine center fort lauderdale fla and will incorporate facility into healthsouth rehabilitation center fort lauderdale construction and operation mid summer terms not disclosed reuter 
acq	banc makes indiana acquisition banc corp completed acquisition national bank bloomington ind assets mln dlrs reuter 
acq	orion broadcast obgi buys ford unit orion broadcast group inc majority owned orion financial services corp subsidiary agreed purchase realty services inc ford motor for dlrs cash and notes closing expected days receipt regulatory approvals loan collection accounting data processing and administrative services real estate industry reuter 
earn	phh group inc phh qtr april net shr cts cts net mln mln revs mln mln mths shr dlrs dlrs net mln mln revs billion billion note prior year restated reflect results current year acquisitions reuter 
money-fx	lawson calls intervention proof stability goal scale foreign exchange intervention bank england carried recently clear proof britain determination stabilise exchange rates agreed group industrialised countries paris february chancellor exchequer nigel lawson content sterling current lawson told reporters wanted maintain exchange rate stability signed for declined favoured rise fall present sterling levels currency reserves today showed record billion stg rise pointing massive currency intervention april reserves rose hefty billion stg pointing reserves data lawson playing full part ourselves meeting commitments exchange rate stability agreed paris stability continuing added asked techniques preserve stability lawson central bank intervention and interest rate used tackle market pressures time time interest rate stability not objective that sense rates moved and times added lawson expected intervention sterilised draining excess sterling liquidity market issues government securities and foreign currency sales market allowed this limit inflationary impact intervention sterilisation will dictated market tactics not necessarily month intervention occurs lawson confident that can sterilise this scale reuter 
earn	gulf and western inc qtr april net shr cts cts net mln mln revs mln mln six mths shr dlrs dlrs net mln mln revs billion billion reuter 
trade	turkish trade deficit widens april turkey trade deficit widened mln dlrs april mln march and mln april state statistics institute deficit for quarter widened billion dlrs billion year earlier april exports totalled mln dlrs compared imports billion exports months worth billion dlrs compared imports billion reuter 
earn	united financial banking ufbc qtr net shr cts cts net note full name united financial banking cos inc net includes loan loss provision nil dlrs reuter 
earn	brown group inc qtr net shr cts cts net sales mln mln avg shrs reuter 
crude	energy secretary sees higher oil prices energy secretary donald hodel expects oil prices rise significantly year dlrs barrel current dollars anticipate significant increase thirty dlrs barrel not unreasonable hodel told senate energy committee hodel loss domestic oil production shutdown stripper barrels day wells low prices permanent concerned decline domestic oil exploration hodel urged congress approve oil exploration section arctic national wildlife refuge alaska geologic condtions area favorable for discovery oil fields equal nearby prudhoe bay reuter 
earn	northwest teleproductions nwtl qtr net shr cts cts net sales year shr cts cts net sales mln reuter 
acq	judge decide burlington bur days district court judge eugene gordon will decide days whether grant burlington industries inc request stop takeover samjens acquisition corp not come this preliminary injunction gordon listening arguments attorneys for days long time since deluged information presented and issue opinion this sides cannot winners burlington requested injunction stop takeover effort samjens claiming partnership used illegally obtained confidential information company make offer alleges anti trust violations samjens formed asher edelman and dominion textiles inc canada succeed samjens last week topped dlr per share offer for burlington morgan stanley group dlr per share morgan stanley made billion dlr bid samjens bid dlrs per share for burlington burlington lawyers told court injunction not granted samjens win control burlington samjens lawyer argued that judge granted injunction kill offer jay greenfield attorney for samjens partnership suffer irreparable harm injunction granted burlington cannot that amount money can compensate greenfield samjens sell holdings burlington for mln dlrs don want that not this for money irving nathan burlington lawyer reiterated that information provided james ammeen burlington executive crucial dominion decision attempt takeover burlington dominion relied information provided insider jim ammeen nathan attorney for ammeen named defendant asked court dismiss lawsuit client judge not rule request today reuter 
acq	allegis aeg sell canadian hotels allegis corp created limited partnership sell selected hotels canada public offering expected raise excess mln canadian dlrs and will completed end september limited partnership will similar westin hotels limited partnership completed last year allegis sold westin hotels san francisco and chicago allegis reported pretax gain mln dlrs result that partnership allegis spokesman offerings planning stages for long time and unrelated recent corporate developments such firm recapitalization plan and threatened takeover investor group lead coniston partners and pilots united airlines unit spokesman company not identified canadian hotels will offered for sale allegis pct ownership westin hotels vancouver calgary ottawa and toronto and pct interest hilton international hotels toronto and montreal owns pct westin edmonton richard ferris chairman allegis statement hotel limited partnerships company convert unrecognized asset appreciation into cash proceeds earlier limited partnership money will used for general corporate spokesman merrill lynch capital markets and wood gundy will lead underwriters for public offering limited partnership will offered allegis reuter 
acq	raycomm transworld racm make acquisition raycomm transworld industries inc agreed principle subject board approvals acquire spiridellis consulting group inc privately held computer services consulting firm for number common shares determined based pretax earnings spiridellis year period company will gaurantee that almost issued shares will attain price levels ranging dlrs each for two years issuance spiridellis had revenues dlrs calendar reuter 
acq	mmm acquires control data cda unit minnesota mining and manufacturing acquired computerized hospital information systems business control data corp terms not disclosed business employees and supplies computers and software for hospital information systems will integrated into hospital software business control data divestiture part strategy focus narrower markets reuter 
crude	lukman sees stable oil price for couple years current crude oil price and dlrs barrel will remain stable couple years rising two dlrs barrel per annum inflation opec president rilwanu lukman lukman speaking talks swedish trade officials stable price depended output restraint opec and opec oil producers swedish government officials lukman nigerian oil minister made remarks whilst talking connection world debt and industrialised nations crude oil output controls not necessarily mean higher energy bills for world industrial nations lukman low oil prices such beginning year beneficial for industrial countries that depend imported energy lead wastage and overdependence fuel long term this turn bring swing back extremely high prices added sweden heavily dependent imported oil suffered major crisis mid oil prices spiralled reuter 
earn	royal bank canada qtr april net shr basic cts dlrs shr diluted cts cts net six mths shr basic dlrs dlrs shr diluted dlrs dlrs net loans billion billion deposits billion billion assets billion billion avg shrs mln mln reuter 
acq	century ccc buy puerto rican century communications corp had entered into agreement acquire assets community cable vision puerto rico associates and associated companies for mln dlrs century anticipates that media partners jointly owns century company called cable television greater san juan will join acquisition and management community cable century community cable located san juan puerto rico reuter 
trade	weighs lifting japanese trade curbs white house completed review japanese semiconductor trading practices not decided whether trade sanctions levied japan last april lifted officials president economic policy council looked japan adherence japanese semiconductor pact yesterday and that announcement made shortly hint announcement officials pct tariffs mln dlrs japanese exports modified japan found honoring portion semiconductor pact noted that white house tariffs lifted meeting world major economic powers venice june officials added that curbs complicated japanese economic cooperation serve blunt congressional criticism that reagan administrtation not taking tough actions reduce trade deficit reagan imposed sanctions april retaliation for japan failure honor commitments end dumping semiconductors world markets production costs and open market goods sanctions levied japanese television sets personal computers and hand held power tools reagan imposing curbs lifted evidence pattern that japan adhering pact reuter 
interest	house speaker wright concerned interest rate rise greenspan 
crude	energy secretary sees higher oil prices energy secretary donald hodel expects oil prices rise significantly year dlrs barrel current dollars anticipate significant increase thirty dlrs barrel not unreasonable hodel told senate energy committee hodel loss domestic oil production shutdown stripper barrels day wells low prices permanent concerned decline domestic oil exploration hodel urged congress approve oil exploration section arctic national wildlife refuge alaska geologic condtions area favorable for discovery oil fields equal nearby prudhoe bay area potentially recoverable oil resources billion barrels amount equal prudhoe bay oil field almost domestic production hodel production section begin time prudhoe bay production begins decline endangering caribou wildlife area reuter 
acq	stewart stew sells plant sara lee sle stewart sandwiches inc sold coffee roasting plant sara lee corp superior coffee and foods subsidiary for undisclosed terms company superior will become exclusive packer squire labeled coffee products marketed stewart and stewart will provide equipment service and distribution suppoort for superior coffee accounts reuter 
earn	aep industries inc aepi qtr april shr cts cts net sales mln mln avg shrs half shr cts cts net sales mln mln avg shrs note current year net periods includes nonrecurring gain dlrs reuter 
acq	ncnb ncb merge centrabank ncnb corp board governors federal reserve system approved application merge centrabank inc baltimore expected completed july company board approval included dismissal protest baltimore based maryland alliance for responsible investing ncnb performance community reinvestment act company maryland alliance wanted merger blocked grounds that ncnb inadequately served credit and financial low income and minority communities markets company denied claim reuter 
acq	spectra physics spy mulls sale restructure spectra physics inc possibility recapitalizing restructuring seeking buyer for company rejection unsolicitied dlr share bid ciba geigy corp filing securities and exchange commission san jose calif gas lasers and accessories company board sunday agreed plan that top executives bonuses ranging pct base salary stay company august rejecting takeover proposal subsidiary swiss based ciba geigy company unfair spectra physics board voted unanimously two ciba geigy representatives not participating reject swiss based chemical and pharmaceutical company takeover bid citing opinion financial advsior morgan stanley and inc that inadequate and unfair financial point view holders shares company board authorized special committee and morgan stanley vigorously investigate pursue and authorize alternatives maximize shareholders investment company company alternatives special committee will sale company party for dlrs share recapitalization restructuring including tender offers and asset dispositions use dividends spectra physics retention plan for top officers will pay average bonus percentage pct salary spectra physics board approved plan order encourage key operating personnel remain company period turmoil and uncertainty engendered ciba geigy offer plan executives entitled cash bonuses stay company august receive earlier fired for reasons gross and willful misconduct leave company salaries sharply cut spectra physics filed suit ciba geigy yesterday district court wilmington del charging making takeover bid that false and misleading violation securities law and violating intent july standstill agreement spectra physics ciba geigy time standstill agreement that not make unsolicited takeover proposal for company and that intent agreement that ciba geigy not acquire pct company another takeover threat ciba geigy pct spectra physics and reliance group holdings rel controlled york investor saul steinberg controls pct spectra physics agreement prevents ciba geigy raising stake pct jan another person pct voting power reuter 
acq	atlantic richfield arc unit buys technology atlantic richfield acquired exclusive worldwide rights methyl methacrylate technology texas eastern corp halcon group affiliate for undisclosed terms company technology will introduce cleaner and efficient making methyl methacrylate liquid monomer used make resins for acrylic sheet coatings molded parts and products and plastic impact modifiers arco reviewing options for commercialization technology reuter 
trade	shultz welcomes tokyo economic package secretary state george shultz billion yen economic package announced tokyo last week had expected not lift selective economic sanctions imposed japanese imports april tokyo changed sales policies computer microchips speaking televised news conference linking european capitals shultz heartening that japanese had confronted problem stimulating domestic and global demand even greater amount stimulus originally thought shultz speaking washington lot nothing talked prime minister yasuhiro nakasone involves major reduction tax rates and that getting tax burden stimulating economy added asked japanese reporters linked into news conference whether positive reaction meant decide week venice summit lift sanctions japanese electronic goods shultz replied sanctions undertaken basis agreement that had reached united states and japan sale practices and prices relating chip market will lifted facts change japan agreement that made become evident officials had monitor situation for month and that impossible determine trend month data imposed pct import duties personal computers colour televisions and power tools alleging that japan had violated last september bilateral agreement selling computer chips below fair market shultz west germany and nations stimulate demand asked whether allies action stimulate world economy bold american initiative reduce size federal budget deficit shultz moves underway tackle problem end current fiscal year deficit reduced billion dlrs last year and that budget worked this year major reduction reuter 
acq	champion home chb sells two properties champion home builders inc sold commerce meadows site manufactured housing rental community commerce township michigan for pre tax gain dlrs and heron cay site adult community vero beach florida for nominal pre tax gain company sales proceeds will partly used reduce debt shifting focus development communities requiring significant equity and lengthy projected life cycles company local landowners and investors will acquire acre tract northtowne meadows toledo ohio area for development into home sites and acres commercial land terms transactions and parties involved not disclosed reuter 
earn	burlington coat factory bcf qtr net quarter ended shr cts cts net sales mln mln six mths shr dlrs dlrs net mln mln sales mln mln note full name burlington coat factory warehouse corp reuter 
earn	cml group inc cmli qtr net qtr ended shr cts cts net revs mln mln avg shrs mths shr dlrs cts net revs mln mln avg shrs reuter 
acq	ball corp bll completes acquisition verac ball corp completed acquisition privately held verac inc terms not disclosed company san diego based defense systems and software development company had sales mln dlrs and will operate part ball technical products group reuter 
earn	nodaway valley nvco qtr net qtr ended april shr cts cts net revs reuter 
ship	for bigger allied force gulf played secretary state george shultz today that boost allied forces mideast gulf not vital protect shipping attack that allied contributions examined asked for greater military presence allies gulf shultz told reporters not necessarily adequate force needed deter attack and noted that british and french united states maintained naval contingents things that reuter 
earn	gamma biologicals inc gama qtr march shr profit cts loss cts net profit loss sales year shr loss cts loss cts net loss loss sales mln mln reuter 
earn	london house inc lond year april net shr cts cts net revs avg shrs mln mln reuter 
acq	group pct distributed logic dlog investor group led technology growth fund aspen colo investment firm acquired shares distributed logic corp pct total and influence company filing securities and exchange commission group includes individual investors and profit foundation bought stake for dlrs investment anaheim calif company investigating possibility seeking influence composition management company and increase stake reuter 
crude	major pipeline closed days operator major crude oil pipeline shutdown flood damage days repairs made and system functioning dan stevens manager public and government affairs texaco inc operator pipeline subsidiary texaco pipeline company hopes repairs will begin days and expects days complete this point lining job stevens adding that timing for repairs will depend damage pipeline difficult assess flooding red river pipeline shipping roughly barrels crude oil per day pct capacity days preceding shutdown saturday stevens pipeline shut cushing okla witchita falls kan saturday due undetermined leak red river crossing oklahoma texas border severe rains spokesman for texaco stevens reasonable suggest pipeline operate full capacity reopens order make for shortfull cautioned will talk customers determine requirements oil analysts and traders not shutdown will continue raise oil prices monday texaco confirmed that pipeline had closed west texas intermediate crude spot market and york mercantile exchange energy futures complex rose cts barrel stevens reasonable suggest pipeline operate full capacity reopens order make for shortfull cautioned will talk customers determine requirements oil analysts and traders not shutdown will continue raise oil prices monday texaco confirmed that pipeline had closed west texas intermediate crude spot market and york mercantile exchange energy futures complex rose cts barrel reuter 
acq	neti technologies netfc sells subsidiary neti technologies inc sold for mln dlrs cash notes and assumption liabilities huron leasing inc subsidiary group investors headed huron executive company transaction will yield two mln dlrs cash huron sells leases and services computer hardware transaction subject approval montreal and vancouver stock exchange and arrangement financing june reuter 
acq	pacificorp ppw buys buys computer firm pacificorp acquired thomas nationwide computer corp for mln dlrs cash and mln dlrs deferred consideration depending future performance company thomas nationwide leases and markets and used international business machines corp equipment pacificorp thomas nationwide will combined systems leasing corp unit maclean reuter 
acq	investment firm ups france fund frn stake vbi corp british west indies investment firm told securities and exchange commission raised stake france fund inc shares pct total shares pct vbi bought france fund common shares april and june prices ranging dlrs share reuter 
acq	lynch lgl plans offer for becor bcw stock lynch corp will offer dlrs share cash dlrs subordinated debentures and share company for each becor western inc share outstanding lynch proposed offer substantially improves offer dlrs share cash and dlrs senior sinking fund debentures made bcw acquisition inc formed becor management lynch chairman mario gabelli heads group owns pct becor mln outstanding shares lynch bid dlr present offer gabelli previously filing securities and exchange commission felt becor managment buyout unfar lynch officer invited becor shareholders make offer sale becor aerospace subsidiary february management group led president william winter announced plans for mln dlr leveraged buyout planning becor for mln dlrs shareholder vote buyout offer scheduled for june reuter 
acq	group lifts stake scandinavia fund scf foreign investment group told securities and exchange commission raised stake scandinavia fund inc shares pct total outstanding shares pct group includes ingemar rydin industritillbehor swedish firm vbi corp british west indies investment firm and norwegian investor erik vik bought scandinavia common shares since april prices ranging dlrs share reuter 
acq	pay pak pnp receives amended proposal pay pak stores inc received revision two previously disclosed proposals buy company pay pak that proposal leveraged buyout firm had amended increase dividend rate cumulative preferred stock received pnp shareholders pct pct previoiusly announced proposal calls for transaction pnp shareholders receive combination dlrs cash and dlrs liquidation cumulative preferred stock for each common share proposal received paul bilzerian pnp shareholders receive blended basis dlrs cash and dlrs liquidation cumulative redeemable preferred stock for each common share company bilzerian proposal dividend rate preferred stock set that joint opinion financial advisor bilzerian and financial advisor pay pak preferred stock trade liquidation fully distributed basis company reuter 
ship	protect american ships military forces mideast gulf orders protect american flag vessels and occasional arms deliveries ships belligerent states area pentagon today stated supported policy protecting shipping waters pentagon spokesman bob sims reagan administration drew plans increase protective military presence gulf sims denied published reports that defense secretary caspar weinberger sought air cover protect neutral shipping western gulf attacks iran and iraq repeatedly american flag vessels protection exception limited case case basis ships carrying foreign military sales equipment friendly belligerent states region sims warships gulf two weeks ago protected kuwaiti ship sailed bahrain arms for bahrain and kuwait sims washington had received assurances that arms not used kuwait turning oil tankers firms fly american flag and protected warships not considered belligerent despite iranian charges that kuwait supporting iraq gulf war kuwaiti tankers come repeated iranian attack sims refused united states will beef ship middle east task force gulf protect kuaiti tankers pentagon officials that additional ships and air cover consideration reuter 
acq	viacom federal court rejects request block planned merger 
crude	asamera asm completes refinery sale asamera inc wholly owned asamera oil inc concluded mln dlr sale denver refinery total petroleum north america addition total purchasing crude oil and refined product inventories market asamera reuter 
acq	court declines block viacom merger viacom international inc district court for southern district york denied motion carsey werner for temporary injunction block proposed merger viacom subsidiary national amusements inc carsey werner producer cosby show reuter 
acq	aegon aegn buys life investors shares aegon holding corp unit aegon netherlands and life investors inc linv purchased shares life investors common stock for dlrs per share cash purchase part agreement two companies made november that each april and companies offer buy sixth number life investors common stock outstanding dec not owned aegon dec offer buy and remaining shares reuter 
acq	wesbanco wsbc acquiring bank sissonville wesbanco inc board executed merger agreement bank sissonville merger completed each shares bank sissonville common stock outstanding will converted into shares wesbanco common stock company bank sissonville total assets mln dlrs dec company reuter 
earn	municipal financial corp mfc six mths net period ended april shr cts cts shr diluted cts cts net revs mln mln reuter 
earn	commonwealth mortgage ccmc qtr net qtr ends april shr cts cts net dlrs dlrs avg shrs mths shr dlrs cts net dlrs dlrs avg shrs note full name company commonwealth mortgage inc reuter 
earn	aaron rents inc aron year net year ended march shr cts dlrs net rev mln mln reuter 
acq	holllinger hlg paying mln dlrs for buy hollinger inc will pay mln dlrs cash for previously reported acquisition privately owned unimedia inc chairman conrad black told reporters annual meeting confirming published report commenting press reports mln dlr price tag black that not wildly inaccurate declined disclose actual cost montreal based unimedia quebec largest newspaper group french language daily newspapers quebec city ottawa and chicoutimi quebec and printing plants ontario and quebec black added that hollinger continue seeking acquisitions daily newspapers circulation readers hollinger talking such newspapers company owns dailies end that told reporters added that remaining acquisition opportunities that hollinger pct owned daily telegraph plc london become profitable this year fourth quarter for full year daily telegraph break even black citing major reductions labor costs and improved technology telegraph britain largest circulation quality daily telegraph lost mln canadian dlrs last year daily telegraph chief executive andrew knight told reporters meeting that telegraph daily circulation had risen since september weekdays despite added competition independent daily newspaper knight independent not affecting telegraph growth making inroads into circulation london quality dailies such times and guardian hollinger chairman black predicted hollinger post net income mln dlrs dlr share including extraordinary gains previous sales discontinued operations hollinger lost mln dlrs dlrs share last year fewer average shares and extraordinary loss mln dlrs black told shareholders that quarter operating earnings continuing operations amounted dlrs year ago loss dlrs revenues continuing operations rose mln dlrs mln dlrs last year not include daily telegraph revenues added consolidated quarter figures not disclosed daily telegraph quarter operating loss sharply reduced last year reuter 
trade	reagan seeks romania trade concession president reagan called for continued nondiscriminatory treatment for romanian exports united states face congressional opposition bucharest government record human rights white house statement reagan decision press for continuation called favored nation mfn status for romania had exceptionally difficult and options considered statement that despite concerns human rights abuses bucharest government president had decided that continued helped stimulate emigration romania and gave united states influence human rights practices statement issued reagan congress requests for year extensions mfn for romania hungary and china house representatives attached trade bill legislation that temporarily deny mfn for romania pending certification reagan that country had made progress human rights controversy continuation mfn for hungary and china reuter 
earn	timberline industries inc timb qtr net oper shr cts two cts oper net sales mln note current qtr figures exclude loss discontinued operations dlrs two cts per share loss dlrs cts per share reuter 
ship	last minute opposition gulf bill arises house speaker jim wright predicted passage legislation requiring reagan administration provide congress report mideast gulf policy last minute revolt alliance liberals and conservatives left bill fate doubt legislation written wake iraqi missile attack frigate stark gulf killed americans and president reagan decision protect kuwaiti oil tankers putting flags effectively making american ships since administration made reflagging plans congressional leaders complained had not consulted and charged policy lead united states into year war iran and iraq house vote today bill supported democratic and republican congressional leadership and administration demanded report days plans meet security forces gulf resolution expected pass controversy today house foreign affairs committee full house bill surprise move liberal democrats and conservative republicans committee joined unusual alliance oppose resolution liberal democrats lack restrictions bill implied consent reagan policies reuter 
earn	texas american energy corp tae qtr shr cts cts net revs mln mln reuter 
earn	intermetco int six mths april net shr cts cts net revs mln mln reuter 
acq	professor lifts banc texas btx preferred stake university massachusetts finance professor raised stake banc texas group inc shares dlr cumulative preferred stock pct total shares pct filing securities and exchange commission ben shirley branch bought shares class cumulative convertible preferred stock pct total for dlrs bringing total investment preferred series dlrs branch bought stock investment reserved influence company reuter 
trade	investment crucial textile recovery private investment not protection textile industry become competitive modern foreign producers analysts two congressional agencies today office technology assessment nonpartisan arm congress told house ways and means trade subcommittee hearing concern for future parts textile and apparel industry reason for optimism years ago textile producers making significant investments ota analyst henry kelly congressional budget office cbo nonpartisan budget analysis arm congress federal loans loan guarantees preferable options for congress increased trade protection lead foreign retaliation cbo analyst edward gramlich past trade protections imposed had small benefit for profits and investments domestic firms trade subcommittee chairman rep sam gibbons agencies analyses agree opinion congressional approval protectionist textile quota legislation aimed western europe japan and asian textile producing countries president reagan last year vetoed textile protection bill reintroduced this session congress and expected voted house this year approval this year doubt passage major trade bill specific protections for textiles showed weakening support for legislation producers fallen foreign producers use modern textile and apparel production equipment and net imports growing faster domestic markets kelly added that private investment textile and clothing industry pct seventh average manufacturing investment pct despite existing import quotas and tariffs imports textiles grew pct and imports apparel grew pct production rose pct traditional industry destined replaced technology imports combination industry not compete domestic markets that enjoyed twenty years ago results research that portions domestic market can recovered and that exports can expanded kelly reuter 
earn	ione inc six months march net shr two cts net revs note company public march reuter 
earn	atlas yellowknife six mths loss period ended march shr loss nil profit net loss profit revs note full name atlas yellowknife resources reuter 
earn	woodward wdsa qtr loss shr loss cts loss cts net loss loss revs mln mln reuter 
earn	commonwealth mortgage inc ccmc qtr qtr ended april shr cts cts net year shr dlrs cts net assets mln mln reuter 
acq	stockholders won pursue continental cuo bid continental associates group shareholders hold pct continental materials corp stock will not pursue tender offer for shares shareholders told that continental materials directors had interest selling company late yesterday continental materials board decided not give consideration business combination proposed group louis businessmen reuter 
earn	minntech corp mntx qtr mar net opr shr nil cts opr net revs avg shrs year opr shr cts cts opr net revs mln avg shrs note earnings for year exclude gains due tax loss carryforward dlrs cts share and dlrs cts reuter 
ship	house passes gulf bill despite opposition house representatives approved bill that requires reagan administration provide congress report gulf policy not place restrictions actions bill passed winning two thirds voting despite last minute revolt alliance liberal democrats and conservative republicans sought defeat signal that growing number legislators oppose president reagan policies region legislation passed wake iraqi missile attack frigate stark gulf killed americans and reagan decision protect kuwaiti oil tankers putting flags effectively making american ships legislation supported congress democratic and republican leadership administration required defense secretary caspar weinberger provide report congress days enactment plans protect warships and flag ships persian gulf not place restrictions administration proceeds reflag kuwaiti ships and effect policy senate expected approve legislation this week bill reagan for signature supporters bill passage bill step greater congressional involvement formulating policy democratic critics bill not administration address tough policy questions report reuter 
crude	colombian group suspends bombings pipelines colombian group announced suspension bombings oil pipelines pending government levy social tax foreign petroleum companies and mln dlrs fine occidental petroleum corp oxy indication government meet conditions demanded leftist national liberation army eln state oil firm ecopetrol eln carried attacks petroleum pipelines and assaults recent launched two months ago caused estimated total mln dlrs damage communique eln demand tax dollar per barrel crude oil pumped foreign firms condition for maintaining suspension assaults foreign oil firms pump average barrels per day colombia colombian tax authorities investigating occidental owned firm for alleged tax evasion charges proven firm face fine mln dlrs eln demands government charge penalty reuter 
acq	investment firms pct midway mdwy two affiliated investment firms told securities and exchange commission acquired shares midway airlines inc pct total outstanding common stock firms boston based fmr corp and fidelity international bermuda based investment advisory firm bought stake acquire equity interest company pursuit investment objectives firms increase decrease stake company plans seek control company representation board reuter 
acq	wickes wix completes purchase wickes cos inc completed purchase dura corp for undisclosed amount dura supplier automotive equipment had annual sales mln dlrs reuter 
acq	ball corp bll completes acquisition ball corp completed purchase privately held verac inc san diego defense systems and software development company terms acquisition not disclosed verac had sales mln dlrs verac will operate san diego part ball technical products group reuter 
acq	freedom frdm recognize gain unit sale freedom savings and loan association will record net gain mln dlrs sale assets freedom mortgage subsidiary chase home mortgage corp subsidiary chase manhattan corp cmb freedom had completed sale company mln dlrs gain will recnogized quarter ending june remainder derferred and recognized remaining life serviced mortgage porfolio reuter 
earn	comp card international inc cucd qtr shr cts cts net mln mln revs mln mln note net includes cts mln dlrs tax loss carryforward reuter 
earn	merchants mchn report qtr loss merchants national corp billion dlrs assets will report loss mln dlrs for second quarter due decision increase provision for losses mln dlrs due uncertainties surrounding latin american debt second quarter last year merchants reported net income mln dlrs cts share result increased loan loss provision bank allowance for loan losses will increase pct pct bank total loans bank expects report estimated net mln dlrs for reuter 
ship	house passes mideast gulf bill house today approved bill requiring reagan administration report congress mideast gulf policy not restricting actions vote favor despite last minute revolt alliance liberal democrats and conservative republicans sought defeat signal that growing number legislators oppose president reagan policies region senate leading republican senator senate appropriations committee chairman mark hatfield oregon prevent consideration bill will put called hold bill finds whether war powers act applies protecting kuwaiti tankers congressional leaders complain not consulted plans put flag kuwaiti ships and charged policy lead into iran iraq war conservative republicans increasing military obligation gulf place impossible burdens american servicemen and equipment and warned lead war real snake pit and powder keg that will blow sky high worst wisconsin rep toby roth reuter 
money-fx	term strength for currency futures currency futures likely move higher sharp rally today president reagan announced that paul volcker not accept term federal reserve chairman and that alan greenspan nominated replacement currency analysts contrary predictions volcker resignation analysts calling for higher currency futures prices and june venice economic summit uncertainty greenspan attitude dollar undermine sentiment currency analysts greenspan today that dollar appeared nearing bottom market will bear mind remarks chicago last week that dollar recent move upward technical reaction and that trade significantly lower analysts disappointment european central bankers appointment will used opportunity sell dollar lower manufacturers hanover futures vice president carol mackoff international community will not this appointment suggests possibility that budget deficit burden monetary policy and that volcker unable commitment sought reduce deficit added merrill lynch economics analyst david horner that greenspan not named two months ago suggests that not administration choice and that status appointment bridesmaid horner declining dollar scenario higher currency futures prior and venice meetings mitigated concrete action opposed jawboning summit finance ministers judged recent statements impasse analysts japan and west germany today reiterated that planned interest rate cuts despite pressure mackoff hand not cut budget deficit japan and west germany urged members force commitment cut budget deficit two years decline dollar forestalled horner impact venice will nothing nothing horner smith barney harris upham and analyst craig sloane european currencies will likely move higher end ranges today sharp advance for two weeks sloan calls for september yen futures advance area september marks close upside target swiss francs climb range and reuter 
interest	westpac drops zealand indicator lending rate westpac banking corp wstp cutting indicator lending rate pct pct effective june westpac statement lending rates revised westpac move follows base rate drops zealand trading banks recently bank zealand base rate drops pct june and national bank zealand rate falls pct june australia and zealand banking group anza rate remains pct reuter 
interest	citibank lowers australian prime rate pct citibank lower australian prime rate pct effective tomorrow rate unmatched banks will lowest australian trading banks primes range pct australian prime rates retreated recent peak pct october line declining money market levels citibank reduction reflected decline reuter 
acq	australia ansett pct america west australia ansett airlines will exercise option acquire pct america west airlines inc awal for mln dlrs ansett transport industries managing director peter abeles exercise involving purchase mln america west shares for dlrs each scheduled finalised july august statement abeles ansett become largest single shareholder fastest growing airline united states america west based phoenix arizona terms option agreement ansett maintain pct position event future stock sales not pct requested america west abeles america west retain refusal ansett offered shares for sale addition ansett gain board seat ansett transport industries wholly owns ansett airlines australia two major domestic airlines and turn owned abeles international transport group tnt tnta and rupert murdoch news corp ncpa reuter 
ship	japan foreign shipbuilding orders fall foreign shipbuilding orders received japanese yards fell vessels totalling gross tons ships april ships year earlier japan ship exporters association backlog orders end ships mln ships mln end april and ships mln year ago association official world shipping recession and yen appreciation dollar depressed orders reuter 
trade	shultz predicts rapid narrowing trade gap secretary state george shultz erase large foreign trade deficit faster predicted and consequences for trade partners traumatic economy will inevitably make adjustment move deficit surplus trade balance order service growing foreign debt told conference attended six members association southeast asian nations and leading western friends view this will happen rapidly observers predict universal strategy aggressive export led growth effective shultz not arithmetically for country world net exporter time deficit decry sense place into export led strategy for growth huge surpluses japan and west germany fed this deficit will give and will possibly traumatic experience added you pressure eschew protectionist policies you act shultz can job convincing congress leave door open imports trading partners open doors wider told group included representatives australia canada japan zealand and european community reuter 
acq	hong kong dairy farm bids for pct kwik save for mln stg 
acq	dairy farm bids mln stg for pct kwik save dairy farm international holdings statement making tender offer for pct kwik save discount group plc kwik britain for total mln stg dairy farm will offer buy mln kwik save shares stg each offer will bring dairy farm stake kwik save pct present pct mln shares offer will begin monday and ends june requires that shares tendered will bring stake pct dairy farm will finance acquisition placing mln shares affiliate jardine strategic holdings jars dlrs each for total mln dlrs placement will raise jardine strategic stake dairy farm pct current pct kwik save purchase will financed loan hongkong and shanghai banking corp hkbh not give size loan raise net bank borrowings maximum billion dlrs dairy farm reduce bank borrowings proceeds previously announced sale office building sydney for mln dlrs will raising additional capital placement convertible preference shares euromarket added company chairman simon keswick market offers attractive opportunities for competitively priced food retailers and that strategic investment kwik save offers vehicle pursue opportunities reuter 
earn	mazda motor corp mazt six months ended april parent shr yen div yen net billion billion current billion billion sales billion billion oustanding shrs mln mln reuter 
earn	berisford lifts half profit mln stg six months march shr div turnover billion billion interest mln mln pretax profit mln mln tax mln mln minorities mln extraordinary items mln credit mln debit note company name and berisford plc brfd reuter 
interest	commonwealth bank cuts australian split prime commonwealth bank australia will lower reference rate for loans pct pct and overdraft reference rate pct effective june bank officials bank regards overdraft reference rate based short term rate trends key prime lending rate corporate customers loan reference rate based longer term trends bank latest cut prime rates recent days continuing decline market rates prime rates range pct pct reuter 
crude	australian crude output falls months australian crude oil and condensate output fell pct megalitres mln barrels months fiscal ending june department resources and energy decline production months end march reflected sharp dip early fiscal year low oil prices and high marginal excise rates led reduction output bass strait department figures major energy statistics publication show megalitre barrels reuter 
earn	british telecom raises profit pct year end march shr pct rise div making turnover billion pct increase operating profit billion pct increase pretax profit billion pct rise fourth quarter turnover billion pct rise operating profit mln pct increase pretax profit mln pct rise reuter 
earn	johnson matthey raise pretax profits pct year march fin div making shr pretax profit mln stg mln net tax mln mln turnover billion billion extraordinary dbt mln mln note full company name johnson matthey plc reuter 
acq	government sell pct air zealand zealand government will sell pct state owned air zealand public civil aviation minister richard prebble prebble statement government appoint adviser decide shares sold timing sales and price will gauge effect proposed share issues enter market opportunity prebble rush sell shares air zealand aim maximise benefit taxpayer that means waiting for prebble air zealand expects release results for year march confident post excellent profit prebble air zealand successful ability prosper future hampered wholly government owned status prebble access sources capital increase ability expand and develop this sale announcement follows public float march pct bank zealand government will float part capital state owned operations including dfc zealand development finance corp zealand and petroleum corp zealand reuter 
earn	london international raise profits mln year march final dividend making share pre tax profit mln stg mln net profit mln mln turnover mln mln note london international group plc lonl that sharply increased sales condoms had led strong start year and had considerable confidence for future reuter 
trade	toshiba sharp restrain lap top exports toshiba corp tsba and sharp corp shrp decided maintain exports lap top personal computers european community last year levels despite halt shipments company spokesmen told reuters voluntary restraints aimed averting sanctions urged european computer makers europeans feared japanese personal computers flood markets washington imposed pct tariffs last april toshiba and sharp together control pct personal computer market sharp spokesman toshiba exports and lap top computers continue units month for time sharp exports series lap top personal computers continue last year level units year washington imposed tariffs japan alleged failure uphold agreement semiconductor trade reuter 
interest	belgium cuts treasury certificate rates belgian national bank cut two and month treasury certificate rates points effective immediately cuts month rate pct two month rate pct and key month rate pct central bank telex national bank spokesman modest cut made decline domestic money market rates yesterday and not expected cut pct discount rate short term treasury certificate rates and month rate national bank main monetary policy instrument for last two years discount rate market penalty rate guiding rate since and advances used liquidity ample bank economists bank last cut month certificate rates june points reuter 
crude	indonesia cuts july crude supplies japan indonesia state oil company pertamina informed affiliated japanese companies that crude oil supplies will pct contractual volumes july spokesman for affiliated company allocations line indonesia production ceiling current opec quota increased opec ratifies production rise week allocations indonesia main traded crude minas had cut pct and duri pct last month contractual volumes cut pct contractual volumes assume production ceiling oil traders indonesian grades trading official selling prices osp spot market due strong demand japan and and tight supplies cargo duri loading july reportedly traded yesterday cents osp dlrs per barrel and minas trading cents higher reuter 
acq	french state sell offs raise billion francs french government privatisation program began late last year earned french state billion francs date finance ministry sources close finance minister edouard balladur revenues raised privatisation program used priority pay public debt stood billion end ministry communique that returns included banking group societe generale sgen began two week public flotation last monday government carried flotations private sale telephone group cie generale constructions telephoniques cgct since denationalisation scheme began last december sell glass makers saint gobain sgep added government pledged privatise state owned industrial banking and insurance companies companies sold private sector future television network this month and banking group cie financiere suez fspp autumn ministry forthcoming sell meant that government programme completed months balladur sunday rejected press and opposition charges that share prices for privatised companies had pitched low that average premium shares trading bourse and pct offer price this compared premiums and pct similar share flotations britain reuter 
interest	ajusted sterling bank lending billion stg billion april official 
interest	citibank lowers australian prime rate pct citibank lower australian prime rate pct effective tomorrow rate unmatched banks will lowest australian trading banks primes range pct australian prime rates retreated recent peak pct october line declining money market levels citibank reduction reflected decline reuter 
trade	senators propose ban toshiba imports senators will propose temporary ban imports toshiba products due company illegal sales sensitive high technology goods soviet union senator jake garn john heinz and richard selby hearing senate banking committee export control will offer proposal part major trade bill brought senate this summer garn utah republican talking specific retribution company that endangers security country and ours reuter 
earn	james hardie industries haha march ended march shr cents final div cents making net mln dlrs mln turnover billion billion income mln mln shrs mln mln note div pay aug reg july div unfranked and will not tax free dividend imputation net tax mln dlrs mln depreciation mln mln interest mln mln and minorities mln mln extraordinary profit mln loss mln reuter 
interest	commonwealth bank cuts australian split prime commonwealth bank australia will lower reference rate for loans pct pct and overdraft reference rate pct effective june bank officials bank regards overdraft reference rate based short term rate trends key prime lending rate corporate customers loan reference rate based longer term trends bank latest cut prime rates recent days continuing decline market rates prime rates range pct pct reuter 
acq	csr declares pioneer sugar bid unconditional csr csra had declared unconditional takeover bid for pioneer sugar mills pioneer recommendation that shareholders accept this meant pioneer shareholders paid for shares tendered days csr statement csr statement follows industrial equity inea disclosure yesterday that had built pct stake pioneer dlrs share topping csr cash bid csr offering share worth dlrs cash for two pioneer shares values pioneer per share holds pct pioneer reuter 
acq	sandvik diamant boart finalise drills merger sweden sandvik svik and diamant boart belgium societe generale belgique belb holds indirect pct stake finalised negotiations merging oil and gas drilling tool activities officials companies staffan paues president brussels based joint venture company diamant boart stratabit dbs told news conference that merged firm offer products for types drilling operations signs that slow recovery recession oil and gas industries stability oil prices lead renewed investment paues dbs paues began operations today brings together sandvik wholly owned subsidiary strata bit corp houston and diamant boart petroleum activities europe north america middle and east and africa paues merger direct result sharp fall oil prices months ago led oil firms cut back exploration activities officials complementary character two firms operations reason reuter 
acq	thomson grand public takes thorn emi audiovisual division thomson 
acq	thomson takes thorn emi audiovisual thomson grand public subsidiary thomson thmp audiovisual consumer goods division british group thorn emi thomson grand public chairman pierre garcin cost deal signed late yesterday mln stg and thomson will finance mln this equity thorn emi leader british audiovisual market turnover last year mln stg garcin acquisition substantially increase thomson turnover sector reuter 
acq	jwt group jwt sues wpp group plc jwt group inc filed suit wpp group plc enjoin company continuing tender offer company charged that jwt group unit executive john peters breached fiduciary duty disclosing confidential information company and clients company suit filed york state supreme court seeks halt ongoing misuse and misappropriation highly confidential and proprietary information jwt and clients defendants suit wpp group and units and peters january director walter thompson jwt group main subsidiary and president and chief operating officer jwt asked court enjoin defendants acquiring jwt stock make return confidential and proprietary information and disgorge profits gains company asked court award jwt unspecified damages reuter 
acq	jwt group jwt grants golden parachutes jwt group inc disclosed filing securities and exchange commission that awarded called golden parachutes top officers company granted special bonuses effect executive fired two years successful takeover june granted officials severance payment times annual compensation fired takeover for chairman don johnston payment limited twice annual compensation jwt approved additional lump sum payments year compensation unspecified number highly paid company officials company altered employee retirement and stock incentive plans assure continued protection and benefits for employees event hostile takeover company not disclose cost made severance retirement stock plans reuter 
acq	unilever declines comment gillette bid rumours spokesman for unilever plc declined comment market rumours that bid for health care group gillette gillette shares traded counter market london and this morning stood dollar higher dlrs response bid speculation unilever dipped generally depressed market analysts dismissed rumours story and commented that utter rubbish adding thought unilever not interested gillette gillette shares rose sharply beginning month wall street rumours that sir james goldsmith building stake company gillette subject repeated rumours since ronald perelman chairman revlon group inc rev made unsuccessful bid for company last year reuter 
acq	service resources src ends sorg srg bid service resources corp withdrawn and terminated dlr per share takeover offer sorg inc sorg failed respond bid sorg largest single shareholder will evaluate options including making offer sorg disposing sorg shares reuter 
acq	halcyon stake research cottrell halcyon investments york firm reported pct stake research cottrell inc alan slifka partner halcyon told reuters shares purchased for investment purposes declined comment june research cottrell had entered into definitive agreement acquired acquisitions inc for dlrs per share research cottrell closed today unchanged previous close reuter 
earn	cullinet software inc cul qtr earnings april end shr loss cts shr profit cts net loss net profit revs mln mln avg shrs months shr loss cts shr profit cts net loss mln net profit mln revs mln mln avg shrs note and figures restated reflect april acquisition distribution management systems inc accounted for pooling interests results include quarter recurring charge mln dlrs tax impact cts per share attributable write remaining assets acquried computer pictures corp november reuter 
acq	allegis aeg meets united employees group spokesman for group united airlines employees oppose attempted takeover united airline pilots association met chairman allegis frank olson william palmer group spokesman claims speak for thousands united employees meeting olson positive and friendly future meeting dates set april pilots union offered buy united allegis subsidiary employee stock ownership plan reuter 
interest	nat west cuts mortgage rate for borrowers national westminster bank plc nwbl announced pct reduction mortgage interest rate applicable mortgages june rate pct apr annual percentage rate pct including fees for normal repayment mortgages and pct including fees for endowment and pension mortgages spokesman for nat west position for existing mortgages active review light market conditions and announcement will made reuter 
acq	harcourt brace hbj calls special meeting harcourt brace jovanovich inc called special meeting for july for vote increase authorized common shares mln mln increase preferred shares mln and provision allowing payment preferred dividends stock property cash company june will record date for meeting harcourt fighting takeover bid british printing and communication corp plc declared special dividend common stock dlrs cash and pct preferred stock market dlrs per share special dividend paid july reuter 
earn	penwest inc penw qtr net shr dlrs cts net sales mln mln avg shrs mths shr dlrs cts net sales mln mln avg shrs reuter 
acq	data management fdmc completes merger data management inc completed merger into firsst data management holding sharehoplder approval each shares will exchanged for dlrs principal amount pct senior subordinated debentures due june reuter 
earn	frost and sullivan inc frsl qtr qtr ends april shr loss cts profit cts net loss profit revs mths shr profit cts profit net profit profit revs reuter 
earn	culp inc culp qtr two net shr cts cts net sales mln mln year shr dlrs dlr net sales mln mln note prior year net periods includes gain dlrs adjustments lifo reserves compensation related accruals and revised effective tax rate reuter 
crude	opec differentials not posing major problems opec states unhappy prices assigned crude oil this not pose great problems group reviews six month price and output pact vienna week oil analysts nigeria holds opec conference presidency and qatar biggest grievances price differentials making crudes uncompetitive speculation japanese traders that opec want mark prices high sulphur heavy crudes correspond greater demand and higher fuel oil prices experts agree that major overhaul price differentials avoid giving market signals dent opec unity opec members can make good case for changing differentials analyst major oil company end day attitude leave alone and nothing likely altered iran libya and saudi arabia sales problems earlier this year traders diminished customer resistance fixed prices and cases marketing incentives helped sales producers can sell uncompetitively priced crudes means discounts processing deals selling alongside priced grades package opec crudes priced for part year experts opec change prices quarterly monthly match seasonal demand for fuel oil rich heavy crudes and gasoline rich lighter grades last meeting december opec agreed reintroduce fixed prices february dlr per barrel reference point official prices had effectively dropped members offered discounts attract customers opec decided limit half output mln bpd and proposed ceilings mln for quarter and mln for fourth analysts expect will extend raise slightly current ceiling for coming months spot market and netback values for crudes not mirror official prices opec will dlr target and make minimal differentials analysts dlr figure based basket six opec and opec crudes opec assigned prices key export crudes dlr gap heaviest and lightest extra heavy crudes left industry estimates vary proportion opec oil exports sold official prices experts quarter total fact sells official prices rest included processing barter deals sold form refined products problems structure appeared earlier this year producers output fell due customer reluctance pay prices nigeria found gasoline rich bonny light crude opec highest priced grade dlrs barrel uncompetitive spot market britain brent february and march nigeria production shrank below mln bpd opec quota spot prices since revived due partly seasonal demand for gasoline and output risen experts feel bonny light overvalued and price cut cts dlr barrel mehdi varzi chief oil analyst london kleinwort grieveson securities doubts nigeria will actively push differentials question vienna not good for opec unity nigeria holds presidency raised issue reuter 
earn	general instrument corp grl qtr shr cts cts net mln mln revs mln mln backlog mln mln reuter 
acq	rooter root rescinds united western pact rooter corp rescinded recent agreement calling for united western energy corp buy majority rooter stock for dlrs share company demanded repayment dlr loan made united western since announcing agreements rooter discovered additional information relating united western and unaffiliated privately held corporation had guaranteed united western obligations agreements rooter agreements rescinded light this additional information providing details talks progress united western regard repayment terms loan reuter 
acq	gillette revlon asked board consent dlrs per share offer 
acq	liberty financial agrees acquired equimark for dlrs per share 
earn	price pclb qtr june net shr cts cts net mln mln sales mln mln avg shrs mln mln mths shr dlrs ctsd net mln mln sales billion billion avg shrs mln mln note twelve and week periods reuter 
earn	medchem products inc mdch qtr net qtr ends shr cts cts net dlrs dlrs revs dlrs dlrs mths shr cts cts net dlrs dlrs revs dlrs dlrs reuter 
acq	lomas and nettleton lnf make acquisition lomas and nettleton financial corp agreed principle acquire houston discount brokerage firm texas brokerage services inc for undisclosed terms subject regulatory approvals completion expected july reuter 
crude	shell canada raises crude oil posting canadian cts bbl 
acq	liberty financial announces merger equimark liberty financial group inc parent liberty savings bank signed definitive agreement acquired equimark corp eqk parent equibank for dlrs share liberty transaction structured merger liberty duly formed unit equimark company liberty shareholders will receive dlrs per share uopn merger company companies acquisition contingent approval liberty shareholders and regulatory authorities liberty acquisition unit liberty savings bank equimark corp will result bank operating separate wholly owned unit equimark charles cheleden chairman and president liberty financial and liberty savings will continue president and chief executive officer liberty savings headquartered horsham company liberty feels that price dlrs cash per share attractive and that advised shearson lehman brothers that price fair reuter 
acq	gillette gets offer revlon rev gillette revlon group made unsolicited request asking gillette board revlon make cash offer for gillette shares dlrs per share gillette consent for bid required standstill agreement revlon and gillette revlon can make move gillette stock november revlon made unsolicited offer for gillette shares gillette subsequently revlon withdrew offer sold back gillette shares owned that time and entered into standstill agreement gillette board directors regularly scheduled meeting this afternoon and gillette anticipates making statement that meeting reuter 
acq	becor western bcw talks fourth bidder becor western inc talking fourth bidder for company company lynch corp lgl renewed offer for becor withdrawn last week talks bidder expected concluded shortly becor adding board will evaluate existing offers that time meantime company plans today adjourn meeting stockholders june that meeting called act merger agreement calling for buyout bcw acquisitions inc identified becor suitor davis mining and manufacturing inc fairfield lynch latest proposal calls lynch pct becor stock and becor holders retain pct peviously lynch held pct becor holders receiving pct and becor management half lynch proposal changed believes becor management guidance terms financial structuring reuter 
acq	and berisford stay independent and berisford plc brfd attracted takeover bids making effort remain independent deputy chairman henry lewis company announced interim results specific steps strengthen ourselves for this purpose added referring management and corporate strategy concentrating business sectors berisford aims produced balanced earnings growth combination commodities property financial services and food industrial division assets mln stg including debt reviewed and parts sold reuter 
money-fx	fed seger foreign exchange markets showing signs stability 
interest	fed seger thrift industry stable interest rates 
money-fx	fed governor seger sees currency stability federal reserve board governor martha seger signs helpful stability foreign exchange markets recent weeks beginning calm markets seger told reporters speech league savings institutions healthy you can into period stability market forces major influence exchange rates and not for dollar yen mark seger told savings and loan executives that concerned financial markets absorption exchange rate influences concerned that nervous exchange rates seger fed takes into account additional factors determining monetary policy dollar currencies economy seger called latest figures gross national product modest upward revision reuter 
crude	imperial oil raises crude oil postings canadian cts bbl light sweet 
crude	phillips raises crude oil posted prices cts bbl effective yesterday wti dlrs 
acq	usair dot public counsel backs merger usair group inc department transportation office public counsel urged that expedited hearing procedures used proposed acquisition piedmont aviation inc pie company that america west airlines inc awal party voicing opposition acquisition department transportation had asked parties submit statements june supporting opposing acquisition usair and piedmont requested expedited approval for acquisition company office public counsel find evidence that acquisition substantially lessen competition market reuter 
acq	freedom federal frfe seeks buyer freedom federal savings bank hired salomon brothers inc solicit offers for purchase bank part ongoing review methods enhance shareholder freedom federal operates retail branch banks and had year end assets mln dlrs assurance bank will receive acceptable offers sold feel this prudent step this time bank reuter 
acq	arco arc spin mln dlrs atlantic richfield spin pct interest chemical operations gain mln dlrs deal industry analysts estimated yesterday arco stock jumped points rumors spinning chemical operations based mln outstanding shares market frenzy valuing spin mln dlrs analysts atlantic richfield aware rumors issued statement mid day that sale pct unit leading investors profits announcement company stock retreated closing today smaller deal expected and somewhat disappointing analyst george baker smith barney rumors spin had for couple days baker unit profitable wasn getting type exposure atlantic richfield sought and not reflected company stock price industry analyst richard pzena sanford bernstein unit had operating earnings mln dlrs last year and expected earn mln dlrs this year based multiple times earnings pzena chemical companies sell for entire unit worth billion dlrs putting pct interest mln dlrs pzena thought company selling stake chemical margins had peaked and speculated company use proceeds pay debt added possibility remained deal fall yesterday arco proposal had not presented board chemical unit last year had revenues billion dlrs reuter 
crude	shell canada shc raises crude cts canadian shell canada shc majority interest owned royal dutch shell group companies raised postings light sweet and sour crude oil edmonton swann hills canadian cts barrel effective today price for light sweet crude oil canadian dlrs barrel price for light sweet sour crude canadian dlrs barrel royal dtuch shell group owns pct shell canada and public shareholders primarily canadian remaining pct company shell canada spokesman reuter 
crude	union pacific raises crude oil postings cts bbl effective yesterday wti dlrs 
crude	imperial oil imo raises crude canadian cts canadian imperial oil pct exxon owned raised posting for light sweet crude oil edmonton canadian cts barrel effective today company posting for light sweet crude oil edmonton canadian dlrs barrel reuter 
earn	tultex corp ttx qtr net shr cts cts net revs mln mln avg shrs mln mln six mths shr cts cts net revs mln mln avg shrs mln mln reuter 
crude	diamond shamrock raises crude oil posted prices cts bbl effective yesterday wti dlrs 
earn	poco petroleums poc qtr net period ended april shr not net revs mln mln six mths shr cts cts net revs mln mln reuter 
crude	coastal raises crude oil postings cts bbl yesterday wti dlrs 
crude	southland corp raised crude oil postings cts bbl wti dlrs bbl 
crude	murphy raises crude oil postings cts bbl yesterday wti dlrs 
crude	permian raises crude oil postings cts bbl wti dlrs 
earn	robert bruce industries bruca qtr loss qtr ends march shr loss dlrs loss cts net loss dlrs loss dlrs revs mln mln avg shrs note full name company robert bruce industries inc reuter 
earn	evergood products corp evgd year loss oper shr loss cts loss cts oper net loss dlrs loss dlrs revs mln mln reuter 
earn	calstar inc csar year april net shr primary cts dlrs shr diluted cts cts net revs mln mln avg shrs primary avg shrs diluted note latest net includes tax credits dlrs dlrs reuter 
earn	microdyne corp mcdy qtr net oper shr nil profit oper net profit profit revs six mths oper shr loss cts profit cts oper net loss profit dlrs revs dlrs mln note qtr and six mths excludes loss dlrs and dlrs for loss discontinued operations reuter 
earn	major video corp majv year april net shr cts cts net revs mln note latest year includes cent per share loss discontinued operations prev year includes cent per share tax credit reuter 
crude	southland slc unit raises crude cts bbl southland corp subsidiary citgo petroleum raised posted prices for crude oil across board cts barrel effective june citgo posting for west texas intermediate and west texas sour dlrs barrel light louisiana sweet posted company reuter 
acq	hollinger hlg completes unimedia takeover hollinger inc completed previously reported acquisition privately held unimedia inc owner french language daily newspapers and printing plants ontario and quebec company owns pct daily telegraph plc named carling keefe chief executive pierre des marais chief executive societe media quebec unit acquiring unimedia appointment effective july reuter 
earn	edwards inc age qtr net shr cts cts net revs mln mln avg shrs reuter 
crude	murphy oil mur raises crude postings murphy oil increased crude oil posted prices cts barrel effective june company posting for west texas intermediate and west texas sour dlrs barrel light louisiana sweet crude dollars barrel company increases follow general trend industry started yesterday sun reuter 
crude	phillips petroleum raises crude postings phillips petroleum raised crude oil posted prices for west texas intermediate and west texas sour cts barrel effective june company posted price for wti and wts dlrs barrel increase reaction sun raising postings similarly yesterday reuter 
crude	petro canada raises crude postings cts canadian bbl sweet crude dlrs canadian bbl 
crude	union pacific unp raises crude oil prices union pacific resources champlin petroleum raised posted prices for crude oil cts barrel effective yesterday price increase brings west texas intermediate benchmark grade dlrs barrel posted price increase follows similar move oil companies sun raise crude oil postings yesterday afternoon and today companies last price increase made oil companies reuter 
crude	marathon raises crude oil postings cts bbl wti dlrs 
acq	becor western bcw adjourns holder meeting becor western inc reconvened shareholders meeting adjourned cdt june company had previously announced plans adjourn meeting receipt renewed offer lynch corp lgl yesterday meeting originally convened june shareholders approved sale becor western gear corp subsidiary adjourning remaining matter presented proposed acquisition becor bcw acquisition inc offers for company reuter 
crude	coastal cgp crude posting cts bbl coastal corp cgp raised postings crude oil cts barrel across board effective yesterday june price for west texas intermediate dlrs barrel for west texas sour price dlrs barrel reuter 
crude	national intergroup nii unit raises crude prices permian corp subsidiary national intergroup raised crude oil postings cts barrel effective june company posted price for west texas intermediate and west texas sour dlrs barrel light louisiana sweet price hike follows increases industrywide reuter 
earn	standard commercial stob qtr net qtr ended march shr cts cts net revs mln mln year shr dlrs dlrs net mln mln revs mln mln note full name standard commercial tobacco latest qtr and year includes tax loss carryforwards dlrs and dlrs and loss dlrs for discontinued operation prev qtr and year includes tax loss carryforwards dlrs and dlrs reuter 
crude	petro canada crude cts canadian bbl petro canada state owned oil company raised posting prices sweet and sour crude oils cts canadian per barrel effective today company change brings price light sweet crude dlrs canadian per barrel and price light sour crude dlrs canadian barrel crude oils edmonton swann hills reuter 
crude	court rules rtz oil field costs high court dismissed appeal rio tinto zinc corp plc rtzl rtz oil and gas unit and ruled that financial provisions company makes for future cost abandoning oil field not tax deductible press association reported company appealing decision tax commissioners that such provision capital expenditure not revenue expenditure and not deductible court told that since company had made annual provision stg for eventual cost abandoning rig rtz spokesman ruling not worrying subsidiary had assumed that provisions not deductible corporation tax payable bonus company had won budgeting had assumption that not oil analysts that rtz assumption liability shared industry ruling appeared mean that tax relief expensive process abandoning rigs apply expense occurred not provisions for future expenses built into accounts analyst added reuter 
acq	southmark acquires berg ventures southmark corp acquired berg ventures inc manages apartment complexes units and shopping centers stretching jersey florida that controlled affiliated berg harmon associates terms not disclosed southmark acquisition makes nation largest apartment management firm units wing southmark become managing partner berg harmon associates berg harmon limited partners made capital investments mln dlrs properties managed southmark reuter 
earn	klm net profit declines year amsterdam june year ended march net profit mln guilders mln profit per guilder nominal ordinary share guilders unchanged mln shares operating revenues billion guilders billion profit sale fixed assets mln guilders mln dividend pct guilders per ordinary share and pct for priority and preferential shares costs including depreciation billion guilders billion financial charges mln mln profit participations mln mln extraordinary gain mln nil note company not required pay corporation tax book year fiscal compensation possibilities full company name koninklijke luctvaart maatschappij klm klm released provisional figures net profit mln guilders mln operating revenues billion guilders billion reuter 
acq	won buy allied dey brothers stores department stores terminated agreement allied stores corp buy allied dey brothers stores syracuse and allied conditions for closing not met had planned make acquisition expansion sibley department store operates syracuse rochester and buffalo reuter 
crude	unocal raised crude oil postings cts bbl wti dlrs bbl 
crude	unocal ucl raised crude oil postings cts bbl unocal raised postings for crude oil cts barrel effective june company posting west texas intermediate and west texas sour dlrs barrel unocal light louisiana sweet posted price dlrs barrel price move follows wave increases initiated sun yesterday reuter 
crude	diamond shamrock drm raises crude postings diamond shamrock and raised crude oil contract prices cts barrel effective june company posting for west texas intermediate crude dlrs barrel price increase follows similar moves companies reuter 
acq	xerox xrx affiliate sell african unit xerox corp affiliate rank xerox signed definitive agreement sell rank xerox south africa pty affiliate altron group alrn for undisclosed terms xerox preliminary agreement sell affiliate fintech altron unit had reached march xerox completion sale awaits approval fintech shareholders and review johannesburg stock exchange rank xerox south africa founded wholly owned unit rank xerox xerox affiliate that manufactures and markets xerox products eastern hemisphere rank xerox that man workforce rank xerox south africa pct black colored asian company will become wholly owned unit altron reuter 
earn	monolithic memories inc mmic qtr net qtr ended june shr six cts cts net sales mln mln mths shr cts cts net sales mln mln reuter 
crude	dupont unit raises crude oil postings cts bbl effective yesterday 
earn	applied solar energy corp solr qtr net qtr ended oper shr profit cts loss cts oper net profit dlrs loss revs six mths oper shr profit ten cts loss cts oper net profit loss revs mln note oper data not include extraordinary gain dlrs per shr qtr dlrs cts per shr six mths reuter 
earn	convergent solutions inc csol qtr net march end shr profit cts loss two cts net profit loss sales avg shrs half shr profit cts profit nil net profit profit sales avg shrs note prior half net includes dlr tax credit reuter 
earn	barricini foods inc qtr loss shr loss cts loss cts net loss loss sales avg shrs reuter 
trade	european community criticises trade measures european community accused united states violating political commitment free trade practices including tax imported gasoline and customs user fee ambassador tran van thinh made formal charge surveillance body general agreement tariffs and trade gatt gatt spokesman david woods told reporters woods joined united states criticising brazil for extending list products for import licenses temporarily suspended improve balance payments united states charged japan violating gatt rules restricting imports agricultural products import licensing system united states asked for consultations tokyo issue tran charged that trade measures contravened political commitment halt and reverse trade barriers pledged ministers punta del este last september ministers established year uruguay round negotiate freer trade areas set gatt surveillance body monitor this commitment gatt jargon standstill and rollback tran criticised washington for superfund tax oil imports customs user fee and removal special machine tool category fsc government procurement list for reasons national security warren lavorel trade official defended policies not violate gatt trade rules surveillance body will send record today talks trade negotiating committee oversees round decide action charges oil tax and customs user fee subject formal gatt dispute panels set uruguay round rule legality practices ruling gatt council yesterday adopted dispute panel report and ruled that superfund tax oil imports breached trade rules called washington modify legislation mexico and canada european community brought dispute gatt last year reuter 
crude	dupont unit raises crude oil postings conoco inc subsidiary dupont denemours raised contract price will pay for grades crude oil cts barrel effective yesterday increase brings conoco posted price for west texas intermediate dlrs barrel west texas sour grade api stands dlrs barrel light louisiana raised cts dlrs barrel conoco last changed crude postings reuter 
acq	allegheny international sells units allegheny international inc sold chemetron railway products inc true temper railway appliances inc and allegheny axle units newly formed chemetron railway products inc for undisclosed terms company formed senior management railway product units and kleinwort benson group london reuter 
ship	rio janeiro dockers strike wages rio janeiro dockworkers strike for indefinite period today demand wage increases spokesman for dockers rio dockers not support colleagues santos brazil main port spokesman not return work demands met earlier this week dockworkers cancelled scheduled national strike pressure port officials give wage increase and benefits rio port spokesman halt daily losses dlrs reuter 
acq	gencorp agreement sell rko pictures terminated 
acq	leaseway transportation ltc completes unit sale leaseway transportation corp completed previously announced sale leaseway puerto rico inc subsidiary caguas central federal savings bank for undisclosed terms company sale satisfied condition for proposed acquisition investor group led citicorp cci reuter 
acq	magellan sets merger balzac investments magellan corp shareholders approved merger magellan balzec investments inc privately held company based dallas magellan company operations that formed acquire operating entity plans engage development and marketing battery charger product owned balzac magellan not disclose terms agreement merger balzac shareholders will hold pct outstanding stock magellan company magellan will surviving corporation merger companies expect merger will occur declaration effectiveness amendment magellan registration statement relating common stock purchase warrants and underlying shares reuter 
acq	gencorp rko unit sale terminated gencorp agreement sell rko pictures subsidiary management group terminated group not raise financing company will seek buyers for unit and library films reuter 
ship	rio janeiro dockers strike rio janeiro dockworkers strike for indefinite period today demand wage increases spokesman for dockers rio dockers not support colleagues santos brazil main port spokesman not return work demands met earlier this week dockworkers cancelled scheduled national strike pressure port officials give wage increase and benefits rio port spokesman halt daily losses dlrs reuter 
trade	unfairly protecting defense industry britain defence minister george younger unfairly protecting defence industry and this lead british firms demanding counter measures younger told chamber commerce meeting that legislators failing realise true nature two street terms ideas technology and equipment british parliamentary report that march british firms had awarded mln dlrs worth contracts for strategic defence initiative compared billion dlrs britain had hoped secure committee technology export restrictions and selectiveness foreign contractors had denied british competitors lucrative orders and largely excluded technological research for sdi younger london had companies contracts conditions fair and open competition for companies similar opportunities added american legislation aimed curbing unfair subsidies used exclude foreign suppliers not surprising british firms pressed for retaliatory measures younger reuter 
earn	godfrey gdfy qtr net shr cts cts net sales mln mln reuter 
earn	rochester community savings bank rcsb second quarter ended shr cts net mln six mths shr cts net note year ago per shr figures not bank converted stock ownership april quarter and six mth net excludes dlrs cts share and dlrs cts share for tax carryforwards qtr and six mth net excludes dlrs and dlrs for tax carryforwards reuter 
acq	pennwalt psm make acquisition pennwalt corp agreed principle acquire line fungicides insecticides and herbicidesand related manufacturing facilities raffineries soufre reunies marseilles for undisclosed terms subject approval bothe boards and government authorities company acquired products sold france for use grapevines wheat and sugar beets and sales mln dlrs annually reuter 
acq	leader development ldco merger approved leader development corp shareholders annual meeting approved acquisition privately held clinton american corp and two related partnerships for common shares transaction accounted for pooling interests company clinton president daniel ryan will become president leader reuter 
acq	crane acquires assets marley unit crane acquired assets chicago heater inc wholly owned subsidiary marley terms transaction not disclosed chicago heater will intergrated crane cochrane environment systems division company reuter 
interest	canada bank rate rises pct canada bank rate rose marginally pct pct last week bank canada bank rate set quarter percentage point average yield weekly issue day treasury bills this week yield pct compared previous week pct tenders accepted for billion dlrs day bills average price dlrs dlrs last week billion dlrs day bills priced average dlrs dlrs last week yield average pct pct last week mln dlrs day bills priced average dlrs dlrs last week yield average pct pct last week tenders will received week for billion dlrs day bills billion dlrs day bills and mln dlrs day bills reuter 
acq	pengo pgo sell wireline operations pengo industries inc agreed sell wireline products manufacturing division fort worth texas wireline services division operations locations and pengo international inc subsidiary john wood group plc for undisclosed terms company wireline services operations sold lafayette houma and harvey alvin odessa and longview texas and moore okla pengo kuykenball slickline operation moore and surplus wireline equipment operations fort worth and cleburne texas will sold separately reuter 
acq	magic years kids acquire centers magic years child care and learning centers inc signed letter intent acquire profitable day care centers south central pennsylvania for total price dlrs privately owned centers had aggregate revenues dlrs profits six thousand dlrs company transaction scheduled close early july company reuter 
acq	cbc bancorp acquired union planters cbc bancorp inc will acquired memphis based union planters corp upcm merger agreement details not disclosed cbc holding company owns cookeville citizens bank signed agreement merge cbc union billion dlrs assets cbc union reported shareholders equity mln dlrs for period ending march cbc merger will not affect citizens banks name management board directors employees reuter 
acq	tie communications tie renews agreements tie communications inc renewed agreements sell gte corp gte bell atlantic corp bel nynex corp nyn and west inc usw for two years company providing small mid siezed key telephone systems gte and key systems hybrids and data star pabx systems reuter 
acq	gillette object global bidding war ronald perelman head revlon group inc rev ignite bidding war for gillette that draw big international players and process make lot money for wall street analysts hours regularly scheduled board directors meeting gillette disclosed that perelman requested consent board for offer dlrs per share perelman needed consent agreed november not buy stock for years permission ronald perelman interested gillette and interested putting gillette into play stands make ton money andrew shore analyst shearson lehman brothers inc play term used wall street describe happens company becomes unwiling takeover target shore noted that agreement revlon gets paid acquisition gillette november this year price higher dlrs per share gillette rose today gain yesterday agreement calculated basis perelman previous holding mln shares adjusted for split for example deal gillette and company dlrs per share make revlon richer mln dlrs formula perelman spokesmen returned telephone calls seeking comment revlon stands make substantial amount money takes gillette analyst deepak raj merrill lynch and not that happen gillette undervalued stock breakup dlrs per share shore shearson lehman couple reasons perelman not interested acquiring gillette perelman process taking revlon private acquiring control cosmetics company two years ago concentrate improving revlon operations overhaul and improve image dearptment store business another reason that revlon recently made two acquisitions circumstances shore not surprised company such unilever plc procter and gamble decided gillette shore mentioned half dozen potential buyers for gillette including sir james goldsmith hanson trust plc han rjr nabisco inc rjr american brands inc amb and ralston purina ral perelman put company play wall street arbitrageur gets share upside company sold another arbitrageur expects gillette resist perelman overture can board consenting changed november and another arbitrageur not perelman never fair amount calculation added gillette board careful can sued shareholders gillette board meeting edt and half hours scheduled starting time copy perelman letter released gillette prepared sign defnitive merger agreement financing condition citibank lead lender and boston inc financial adviser reuter 
earn	agf management six mths net shr cts cts net revs mln mln reuter 
earn	data med clinical support dmcs qtr loss period ended shr loss cts loss cts net loss loss sales note full name data med clinical support services inc per share data adjusted for for stock split payable june sales reflected fiscal period sales recorded subsequent acquisition assets predecessor company data med reuter 
acq	nova corp takeover bid for dome petroleum 
acq	carter hawley chh sets record date for vote carter hawley hale stores inc set june record date for shareholders voting company proposed restructuring annual meeting company set date for meeting will held end august proposal carter hawley split into specialty store company and department store company shareholders dlrs cash and share each two companies for each existing common share hold restructuring announced december carter hawley rejected buy offer retail partners reuter 
acq	allegheny sells industrial units allegheny international inc sold industrial units served railroad industry chemetron railway products inc senior management group allegheny terms transaction not disclosed included sale chemetron railway products true temper railway appliances inc and allegheny axle company units include plants company reuter 
acq	nova nvaa bid for dome dmp nova corp takeover bid for dome petroleum alone part consortium nova chairman bob blair thinking making offer dome amoco canada petroleum creditors blair told reporters annual meeting amoco canada unit amoco corp made billion dlr acquisition offer for dome ongoing thought applied dome nova and husky decision substance future action company blair nova owns pct husky oil hyo blair that nova made decision whether want lead partner joint purchase dome added that discussions parties dome included transcanada pipelines trp refused name participants reuter 
acq	investment firm raises tvx tvxg stake wedge group inc houston investment firm raised stake tvx broadcast group inc shares pct total outstanding common stock shares pct filing securities and exchange commission wedge bought tvx common shares prices ranging dlrs share reuter 
acq	group raises nash finch nafc stake group including members sobey family nova scotia and empire company raised stake nash finch shares pct total outstanding shares pct filing securities and exchange commission group bought nash finch common shares april and june reuter 
trade	canada ties worse trade pact canadian ties worsen two nations unable reach free trade pact study published two nonpartisan public policy research groups cato institute washington and fraser institute vancouver removing remaining tariffs cross border trade benefit countries cato chairman william niskanen added two nations generally harmonious trade relations not sustainable agreement united states and canada cross border trade totaled billion dlrs last year holding talks since last june pact end trade barriers remaining two countries put deadline talks october sides agreement likely despite tough bargaining remained niskanen pact reached bilateral trade ties deteriorate congressional pressure president reagan implement trade laws aggressively and this hit canadian trade practices noted canada seeking foreign investment auto industry put strains considerable bilateral free trade and canadian autos and parts niskanen canadian government vulnerable resurgence economic nationalism restrict exports canada free trade pact backed president reagan and prime minister brian mulroney open markets for canada and enable industries achieve economies scale widen exports worldwide increase gross national products countries niskanen goal pact end tariffs years lower subsidies exports set rules for trade services and investments end curbs government procurement and agree ways resolve trade disputes reuter 
earn	mark work wearhouse mww qtr loss period ended shr loss cts loss cts net loss loss revs mln mln note full name mark work wearhouse reuter 
acq	squibb sqb not interested buying cetus robert fildes president and chief executive cetus corp ctus told reuters that squibb corp not interested buying cetus earlier companies squibb buy cetus pct equity postion cetus for mln dlrs this not attempt squibb become major majority holder cetus fildes told reuters interview squibb not approached indication that want acquire and wouldn interested that kind arrangement fildes squibb not reached comment late comments fildes squibb cetus pharmaceutical partner and equity position cetus eastman kodak and grace joint ventures cetus owns equity position company fildes cetus venture kodak develp diagnostic products and grace develop agricultural products earlier squibb and cetus announced joint statement agreement principle form joint venture develop biotechnology products fields part deal squibb will license cetus anticancer agents including interleukin development squibb will sell drugs japan and markets not north american and western europe wouldn this deal had not understood that cetus build fully integrated business north america and europe fildes squibb good partner squibb major joint venture japan and sales capabilities that market fildes cetus shunned licensing arrangements pharmaceutical companies wanted build business large corporations invested small biotech firms squibb investment cetus made biotechnology fildes that attractive cetus wanted partner that didn relationship large number biotechnology companies fildes strategy partners drug areas diagnostics and agriculture biggest developments anticancer drugs ourselves fildes partnership squibb used broaden company reach such big money making areas cardiovascular anti infective and anti inflammatory markets squibb investming mln dlrs cetus research years squibb putting mln dlrs research and development make happen equity position part package simply demonstrate seriousness this partnership fildes reuter 
earn	tri star pictures inc trsp qtr shr cts cts net revs mln mln avg shrs mln mln note company changed fiscal year december last day february results operations for year ago period restated reflect this change current quarter includes results operations loews theatre management corp tri star acquired december reuter 
interest	anz banking group will cut prime rate pct june 
interest	anz banking group cuts prime rate pct australia and zealand banking group anza will cut prime rate pct effective june cut takes anz prime lower end range prime rates offered australian trading banks highest rate pct cut follows announcements cuts yesterday citibank pct effective today and commonwealth bank australia pct effective june reuter 
earn	national semiconductor corp nsm fourth quarter shr profit six cents loss net profit mln dlrs loss mln sales mln mln avg shrs mln mln year shr loss cents loss dlrs net loss mln dlrs loss mln sales billion billion avg shrs mln mln note current year figure includes previously announced mln dlr restructuring charge figures include extraordinary credit tax benefit mln dlrs quarter mln year earlier and mln for year mln year earlier year net reflects mln dlr gain cumulative effect accounting change reuter 
trade	shultz warns asean looming trade problem secretary state george shultz warned members association southeast asian nations asean longer rely increased exports for growth importance exports export manufactures your countries you work hard diversify your markets you maintain your current market share you will not major increases your exports added shultz told foreign ministers brunei indonesia malaysia philippines singapore and thailand cut huge foreign trade deficit rapidly believed asean looming trade problems not necessarily stem protectionist legislation contemplated congress simply adjustments economy will make order service large and growing external debt shultz deficit had resulted not falling exports higher imports that had fuelled world growth reuter 
acq	mitsui buys pct stake chip maker mitsui and mits paid mln dlrs early for pct stake zoran corp california based maker large scale integrated circuits lsi computer graphic communications and medical applications mitsui spokesman told reuters two firms will form marketing company japan early year details joint venture not fixed mitsui expects last year billion yen japanese lsi market grow quickly zoran founded and employees reuter 
trade	japan june interim trade surplus narrows japan custom cleared trade surplus narrowed billion dlrs days june billion year earlier finance ministry june interim surplus compares billion dlr surplus period fob exports days june rose pct year earlier billion dlrs cif imports rose pct billion average yen dollar rate used for figures yen year earlier reuter 
earn	itoh and citt year ended march group shr yen net billion billion pretax billion billion operating billion billion sales billion billion reuter 
acq	sainsbury taking control shaw supermarkets for dlrs share 
acq	sainsbury taking control shaw supermarkets sainsbury plc snb agreed control shaw supermarkets inc combination share purchases and tender offer dlrs share sainsbury bought pct stock subsidiary chene investments inc bought mln common shares controlling davis family yesterday dlrs share for mln dlrs lifting stake pct tender offer for outstanding shares will launched dlrs share for maximum cost mln shaw board and davis family agreed accept offer assuring sainsbury total holding pct company had allotted mln ordinary shares warburg securities sufficient finance mln dlrs maximum mln dlrs payable shaw operates chain supermarkets massachusetts maine and hampshire produced sales billiob dlrs and pretax profit mln end had net assets mln dlrs last september sainsbury increased stake shaw pct year march reported rise pretax profit mln stg mln sales that increased billion billion sainsbury shares had fallen pence announcement last night close unmoved news deal reuter 
earn	isuzu motors isum six months april parent shr loss yen profit interim div nil nil net loss billion profit billion current loss billion profit billion operating loss billion profit billion sales billion billion outstanding shrs mln mln reuter 
trade	japan harder cut surplus minister japan harder reduce trade surplus yen will come renewed upward pressure economic planning minister tetsuo kondo told press luncheon hoped japan cut current account surplus billion dlrs year reduced billion dlrs fiscal year ended march surplus totalled billion dlrs pct gnp billion yen economic stimulation package government unveiled late last month slash japan current account surplus six billion dlrs reuter 
crude	sri lanka plans renew abu dhabi oil contract ceylon petroleum corp cpc decided renew year contract abu dhabi for tonnes upper zakum crude oil cpc officials told reuters cpc made recommendation cabinet and awaiting approval cpc year contract abu dhabi expired this year and renewed contract begin june government selling price delivery will determined year last year shipments parcels tonnes each and tonnes each cpc officials company agreed egyptian government for supply tonnes gulf suez crude for delivery two shipments this year government selling price last year cpc bought tonnes gulf suez itoh officials plans buy tonnes basra light iraq not finalised constraints cpc not accept tonne parcels and proposed lift tonnes shipments iraq national oil inoc told cpc red sea port lifting place not accept small ships inoc proposed deliver shipments tonnes each cpc inoc planned ship oil indian port for delivery indian requirements colombo offload cpc cpc considered this unsuitable cpc had not received reply inoc since december sri lanka imports annual mln tonnes this year plans buy tonnes spot market compared mln tonnes last year reuter 
ship	taiwan evergreen line public liner shipping specialist evergreen marine corp taiwan largest private company applied security and exchange commission public month company spokeswoman told reuters evergreen had doubled capital billion taiwan dlrs since last august capital increase will boost operations evergreen will use funds raised stock market buy ships and step global services spokeswoman company posted tax profit billion dlrs last year total revenues billion compared tax profit billion revenues billion evergreen newbuilding orders for teu twenty foot equivalent unit fully cellular container ships state owned china shipbuilding corp for delivery late evergreen fleet container vessels totalling two mln dwt spokeswoman reuter 
acq	bpcc planning sale packaging operations british printing and communication corp plc bpl selling specialist packaging and labelling operations spokeswoman gave dates prices for transaction units sold negotiation declined give turnover profit figures for packaging and labelling operations that profitable formed contained part group analysts packaging and labelling division sold for mln stg earlier this week group chairman robert maxwell expected float mirror group newspaper subsidiary bought reed international plc reed for mln stg spokeswoman that bpcc intended majority share newspaper group floated bpcc locked legal battles resulting attempt publisher harcourt brace jovanovich inc hbj earlier this week bpcc launched two for rights issue raise mln stg and money raised enable renew assault harcourt expressed interest dutch publisher kluwer kluw reuter 
ship	belgian day strike hits transport shipping hour strike belgian public employees protesting government pay offer disrupted transport and hit ferry services and shipping port and union officials cross channel ferry services ostend cancelled local news agency belga antwerp port authority spokesman electricians support reducing ship movements trickle unions ghent and major belgian ports hit trains running and early morning flights sabena belgian national airline cancelled reuter 
ship	china resumes ussr ship repairs year gap china resumed repairs soviet ships year break caused ideological split two countries china news agency agreement resume business signed two sides wednesday shanghai soviet commercial vessels repaired china daily two soviet ships repaired china since left ports dalian and xingang last month yueran managing director china state shipbuilding corp ship repair department told newspaper soviet union lacked adequate repair facilities for ships deployed east china yards offered competitive prices guaranteed quality and prompt delivery reuter 
acq	fidelcor ficr buys england bkne stake fidelcor inc acquired substantial portion assets bank england corp lazere financial corp subsidiary for undisclosed terms company transaction includes lazere loan portfolio and assets including lazere miami office reuter 
acq	chrysler agrees acquire electrospace systems for mln dlrs 
interest	top discount rate bill tender rises pct 
ship	spain cargo firms hire dockers offset strike cargo handling companies hiring twice usual number dockers offset intermittent strike spanish ports spanish dockers began day strike wednesday work alternate hours protest government plans partially privatize port services reuter 
acq	chrysler tender for electrospace ele chrysler corp electrospace systems inc agreed acquired merger agreement chrysler will tender dlrs share for pct richardson texas based defense electronics contractor total cost chrysler buy outstanding stock mln dlrs electrospace systems designs develops and installs communications and electronic systems and equipment for specialized military and commercial customers worldwide chrysler electrospace will gulfstream operations grow military and commercial aircraft sales plans merge gulfstream and electrospace will operate sister companies chrysler tender offer expected begin june and will managed boston corp for fiscal year ended april electrospace systems had earnings mln dlrs sales mln dlrs company employs people pct sales military reuter 
crude	opec president lukman expects short calm meeting opec conference president rilwanu lukman expects week ministerial meeting vienna and calm and that opec current price and production agreement slight review expect meeting vienna short and calm lukman nigerian oil minister told reporters ahead departure sunday for conference starts june agreement slight review lukman agreement reached long session opec ministers december last year pegged group crude oil output mln bpd for half fixed prices dlrs barrel since prices risen dlrs december official opec levels oil industry analysts firmly convinced organisation will maintain agreement market stable that opec will tend position strengthen gains made lukman declined current ceiling maintained raised mln bpd for quarter and mln for fourth provisionally agreed last december decision arrive will guided collective will market strong opec member norway visited two weeks ago had pledged cooperation group and this significant for members lukman heavy destocking consumers early this year opec fixed price regime into effect and restocking for winter responsible for current market strength reuter 
acq	davis mining revises offer for becor bcw becor western inc davis mining and manufacturing inc amended offer for company becor cash portion offer remains unchanged dlrs share principal amount debentures increase dlrs dlrs becor share amended offer includes dlrs face surviving corporation pct nonvoting cumulative preferred not included previous offer and reduces amount surviving corporation common held present shareholders pct pct becor western amended davis mining offer suject confirmation due diligence information becor discussions continue bidder not identified company expects discussions investor conclude shortly that time board will evaluate existing offers for becor added reuter 
acq	mtech mtch commercial shares mtech corp received shares commercial resources corp response dlr per share tender offer for shares company extended offer july expired yesterday reuter 
earn	micron technology inc dram qtr june shr loss cts loss cts net loss loss revs mln mln avg shrs mln mln mths shr loss dlrs loss dlrs net loss mln loss mln revs mln mln avg shrs mln mln reuter 
acq	nat computer nlcs buy data card stake national computer systems inc agreed acquire deluxe check printers inc dlx pct stake data card corp national computer plans issue mln dlrs year subordinated convertible debentures purchase shares data card deluxe completion proposed transaction subject regulatory approval expected mid july debenture will bear increasing rate interest term pct weighted average rate and will convertible into national computer common stock dlrs share separately deluxe data card investment longer fits business strategy deluxe held interest data card since provided funds for data card buy troy computer products corp november data card planned sell troy division reuter 
acq	microsemi mscc acquires hybrid components microsemi corp supplier semiconductor products and assemblies acquired operating assets hybrid components inc for mln dlrs cash microsemi purchase includes fixed assets software inventories technology intellectual properties and business operations hci company hci will continue operate beverly plant subsidiary microsemi reuter 
trade	reagan trade bill faces veto present form president reagan veto house passed trade bill requiring mandatory retaliation for unfair trade reached desk present form statement white house meeting senate republicans legislation choice veto that bill present form measure move exactly wrong direction high tariffs trade barriers trade distorting subsidies slow growth and crimped world markets and destroy jobs reuter 
interest	central bank warns excessive rate cuts bank england governor robin leigh pemberton lowering interest rates fast jeopardise recent economic achievements remarks prepared for delivery businessmen birmingham prospective returns real investment favourable relative financial assets for good number years surely foolish put that favourable conjuncture risk lowering interest rates prematurely excessively enjoy short term boost activity risk damaging return uncertainty and acrimony high inflation added leigh pemberton recognised argue that interest rates high and deter investment industry not forget that year ago intervening support sterling and had temporary difficulty persuading markets that pct increase base rates pct sufficient tightening policy time added base rate pct reuter 
earn	american corp agrea qtr net period ended shr cts cts net revs mln mln reuter 
earn	american corp agrea qtr net period ended shr cts cts net revs mln mln reuter 
earn	texas utilities txu mos net shr dlrs dlrs net mln mln rev billion billion avg shares mln mln reuter 
earn	boston digital corp bost qtr net period ended april shr profit nil loss cts net profit loss sales year shr loss cts loss cts net loss loss sales mln mln note earnings each period include provision for unrealized loss marketable securities dlrs reuter 
acq	colonial bancgroup clbga buys destin bank colonial bancgroup agreed buy national bank destin for undisclosed sum company approved sale will mark second move acquire florida bank signed letter intent buy liberty bank pensacola april reuter 
acq	chrysler plans raise bid chrysler corp intention increasing offer for electrospace systems inc ele chrysler agreed purchase texas based defense electronics contractor tender offer dlrs share for total mln dlrs eletrospace shares closed yesterday nyse intention increasing offer company spokeswoman adequate and will accepted proposed transaction unanimously recommended board directors and principal shareholders electrospace noted that dlrs tender offer price pct price electrospace shares april put for sale reuter 
crude	texaco canada raises crude oil postings canadian cts bbl light sweet dlrs bbl 
interest	lenders offer fixed rate mortgages lenders offering homebuyers fixed interest rate mortgages borrower makes monthly payment matter happens interest rates and mortgage rates lowest levels years loans snapped eager home buyers lock into cheap money decision offer fixed rate loans industry officials reflects increasingly competitive nature home mortgage business fixed rate mortgages uncommon mainstay business years ago early interest rates soared lenders savings and loan associations earning rates low pct year fixed rate mortgages held portfolios had pay depositors rates high pct induce retain accounts result hundreds institutions collapsed forced merge survivors decided offer mortgages rates move line cost funds example thrifts mind spokesman for abbey national building society explaining institution for time offering variable rate mortgages rash advertising solicit business helped homebuyers become even choosier loans and lenders concede forced undercut each sharp cuts variable rate mortgages announced earlier this week nation two largest building societies and national westminster bank plc reflect growing competition for business officials institutions fixed rate mortgages offer carry interest rates even below variable rate loans profitable variable rate mortgages spokesman for midland bank plc earlier this year earmarked mln dlrs for fixed rate mortgage loans bank willing offer profitable loans another attract people mortgage product trustee savings bank plc tsb offering year fixed rate mortgages pct earlier this year mln stg that tsb set for loans exhausted days spokeswoman loves pct mortgage noting that days bank loaned equivalent pct volume short appeal fixed rate mortgages that offer opportunity gamble direction interest rates interest rates fall mortgage made lender earning average return assets interest rates rise homebuyer won benefit cheap money household mortgage had planned offer year fixed rate mortgage june elections assumption that conservative party victory money market rates fall duncan young managing director young explained that company had planned protect chance rising interest rates buying complicated hedging instrument money market rates risen contrary expectations and company shelved plans for time money market rates high arrange mortgages and hedge profitably that household mortgage make fixed rate mortgages likely securitise this means bundling mortgages together resemble bond and selling investor for technical reasons securitisation simpler and efficient fixed rate floating rate mortgages fixed rate mortgages popular securitisation provided bulk mortgage money past years reuter 
crude	texaco txc canada raise crude oil postings texaco inc texaco canada will raise postings for edmonton swann hills crude canadian cts barrel effective june company posting for edmonton swann hills will dlrs barrel price hike follows round crude oil price increases started late june sun major canadian crude suppliers raised prices june reuter 
ship	high water extends rhine river blockage rising water levels rhine caused heavy rain delaying operation karlsruhe raise two sunken boats blocked river main navigation channel since early last week karlsruhe water authority spokesman two floating cranes unable begin lifting sunken tug orinoko and lighter water level had reached centimetres and forecast rise tomorrow unable operation begin meanwhile high water cologne forced vessels travel reduced speed water authority spokesman cologne water authority spokesman duisburg kms north cologne vessels moving reuter 
acq	greyhound lines agrees acquire remaining routes trailways corp 
acq	greyhound agrees acquire trailways routes greyhound lines agreed acquire routes trailways corp greyhound had petitioned interstate commerce commission for authority acquire and operate trailways routes buses and terminals and garages trailways abandoned service states past year and half sevice states company intervention collaspe trailways imminent fred currey chairman and president greyhound reuter 
ship	rhine blocked for weeks salvager dutch salvage firm smit tak weeks lift swiss tug orinoko and lighter pavo sank days ago karlsruhe west germany blocking rhine river smit tak west german subsidiary harms bergung gmbh commissioned local water authorities raise vessels lifting fleet position and divers had made inspection smit preparing final salvage plan and work begin sunday reuter 
acq	stifel financial received unsolicited merger proposal 
acq	harcourt hbj mum reed reed rumors harcourt brace jovanovich inc officials not for comment market rumors that interested acquiring reed international plc reed officials boston inc harcourt financial adviser declined comment wall street arbitrageur owns harcourt shares rumors not make sense harcourt announced recapitalization plan ward takeover attempt british publisher robert maxwell completely inconsistent recapitalization drop recapitalization calls harcourt seeking comment not returned harcourt recapitalization will come scrutiny court orlando fla monday company sought declaratory judgment convertibility debentures due light recapitalization harcourt statement this week that salomon brothers inc and mutual shares corp intervened case claiming ownership mln dlrs face amount debenture addition british printing and communications corp headed maxwell owns mln dlrs face amount harcourt salomon filing securities and exchange commission today that debentures court decides converted par dlr converted into mln shares harcourt asking court rule company not required issue common debenture holders not convert prior june increase reed shares london today attributed brokers rumors harcourt interest and rumors that maxwell buyer adviser maxwell york basis that reuter 
earn	england electric system nes mths net mths end shr dlrs dlrs net mln mln revs mln mln avg shrs mln mln mths shr dlrs dlrs net mln mln revs billion billion avg shrs mln mln reuter 
acq	minnesota anti takeover amendment minnesota governor rudy perpich calling special legislative session amendments state anti takeover statute governor office spokesman for governor nothing will decided today governor will evaluate whether call special session days governor office action triggered proposal dayton hudson corp subject takeover rumors spokesman for governor company proposed amendments perpich designed make takeover attempt state difficult dayton hudson suggested amendments passed and instituted friday spokesperson press reports minneapolis newspapers this morning quoted legislators inclined support legislation that dayton hudson governor spokesperson senate majority leader roger moe quoted inclined support action that company spokesperson robert vanasek house speaker designate quoted minneapolis star and tribune taking dayton hudson concerns and can reuter 
acq	boeing merger waiting period expires boeing hart scott rodino waiting period required connection pending tender offer for argosystems inc argi expired midnight june boeing began dlr per share cash tender offer for defense electronics firm june two reuter 
acq	megavest acquire computer trade development megavest industries inc agreed principle acquire unlisted computer trade development corp exchange for mln shares common stock company mln shares outstanding computer trade had revenues mln dlrs last year reuter 
acq	fbt reiterates speculation premature city bancorp texas inc soliciting bidders reiterated that premature speculate action will pursue story today wall street journal that attracted potential acquirers city article not confirmed company and cautioned that absotluely nothing report statement journal reported that bidders for city robert carney and robert abboud chicago banker reuter 
earn	chancellor corp chcr qtr march loss shr loss cts loss cts net loss dlrs loss dlrs revs dlrs dlrs mths shr profit dlr profit dlrs net profit dlrs profit dlrs revs mln mln reuter 
acq	chevron chv cuts unc unc stake pct chevron corp sold mln shares unc inc common stock june leaving mln unc common shares pct total filing securities and exchange commission chevron sold shares for dlrs each total mln dlrs agreement had unc stock sold underwriting syndicate managed dillon read and inc and donaldson lufkin and jenrette securities corp underwriters paying mln dlrs and unc paying mln reuter 
acq	safeway agrees severance for dallas workers united food and commercial workers union unlisted safeway inc agreed provide severance pay workers dallas area resulting closure division last april union total severance payment will mln dlrs division closed result billion dlrs debt incurred leveraged buyout last year union filed suit leveraged buyout protect claims union members leveraged buyout implemented ward bid dart group corp darta reuter 
trade	african states agree regional tariff cuts fifteen countries eastern and southern africa agreed cut tariffs regional trade pct two years statement preferential trade area pta seeks create common market stretching ethiopia north lesotho south governments make tariff cut year assess impact tariff reductions and work timetable for complete elimination barriers trade year pta set groups burnudi comoros djibouti ethiopia kenya lesotho malawi mauritius rwanda somalia swaziland tanzania uganda zambia and zimbabwe pta sources agreement averted split members wanting progress free trade and weaker states concerned effects customs revenue reductions cover common list widely traded commodities and goods pta sources organisation planned expand list include items reuter 
acq	galaxy gtv sell west texas assets galaxy cablevision signed letter intent sell assets cable television systems west texas serve basic subscribers cable television systems terms not disclosed and galaxy not identify buyer company will make cash dividend cents per unit august holders record june march galaxy completed public offering mln units for mln dlrs and acquired assets cable television systems for mln dlrs reuter 
acq	north american communications weighs sale merger 
acq	stifel financial receives merger proposal stifel financial corp received unsolicited merger proposal privately held laidlaw adams and peck inc for dlrs share cash for outstanding shares proposal expires july values stifel mln dlrs stifel mln shares outstanding company management and board directors will proposal not set date meet proposal studied goldman sachs and and legal counsel conditions proposal include obtaining financing satisfactory completion due diligence investigation laidlaw and execution employment contracts key employees designated laidlaw reuter 
crude	oil prices strong ahead opec meeting crude oil prices highest level year ahead week opec meeting even industry analysts not expect policy session prices steadily climbed since organization accord december risen technical factors market and concerns supplies iran iraq war disrupt deliveries gulf benchmark crude west texas intermediate trading dlrs july contract york mercantile exchange energy futures and spot market that highest level since january opec conference president rilwanu lukman nigeria oil minister friday expects meeting vienna and calm and that opec current price and production agreement slight review industry experts expect reaffirmation december agreement oil prices continue climb due desire hedge positions case surprises analysts expect higher prices continue opec meeting that point barring increased tension gulf opec policies prices begin easing opec will not hasn agreed december oil prices firm john hill vice president merrill lynch futures opec agreed december maintain official oil prices dlrs barrel and raise group production ceiling mln barrels per day quarter and mln barrels fourth quarter this agreement helped send prices sharply higher rising dlrs barrel early december opec members price hawks including iran algeria and libya will seek higher official price and reduction output and west texas intermediate crude continues trade dlrs barrel greater chance that opec will raise official dlrs price nauman barakat analyst smith barney harris upham and analysts expect moderate producers such saudi arabia block policy meeting will event change official prices opec and saudis committed stabilizing market rosario ilacqua analyst rothschild analysts opec hold meeting september evaluate market conditions overproduction opec will become real problem fourth quarter quota raised mln barrels day and iraq pipeline turkey brings another barrels market each day john lichtblau president petroleum industry ressearch foundation expect saudi arabia oppose price increase this meeting for increase year end dlrs offset decline dollar oil prices denominated world dollars currency declines producers receive money for oil real production restraint opec saudi arabia sanford margoshes analyst shearson lehman brothers second half year expect saudis not produce mln barrel day quota and act vehicle stablize market and pave for two dlrs barrel price increase december meeting uncertain factor iran iraq war wild card increased tensions persian gulf frank knuettel analyst prudential bache securites oil tankers taking oil iraq and kuwait regular targets for iranian planes reagan administration planning put kuwait tankers protection flag naval escorts extra oil inventories needed time crisis this and general nervousness incident that disrupt oil supplies drives prices knuettel reuter 
acq	times nyt buy gwinnett daily news york times had agreement buy gwinnett daily news evening newspaper published lawrenceville terms not disclosed company gwinnett weekday circulation and sunday circulation york times gwinnett county northeast suburb atlanta fastest growing county country purchase agreement includes forsyth county news published wednesday and sunday and winder news weekly publications reuter 
acq	reed comment harcourt rumours reed international plc reed had comment make stock market rumors that harcourt brace jovanovich inc hbj make bid for company order escape unwelcome offers robert maxwell british printing and communication corp bpcl spokeswoman for reed earlier analysts forecasts that bid for reed will mln stg totally unrealistic adding that current market billion stg reuter 
crude	unocal ucl scraps fluidized bed boiler project unocal corp told treasury department that will not include fluidized bed combustion technology method for efficient burning solids parachute creek oil shale project colorado due high costs agreement defunct synthetic fuels corp unocal study technology oil shale plant return company eligible for mln dlrs loan gaurantees and price supports treasury department contract synthetic fuels corp unocal unocal studies showed cost for fluidized bed combustion facility exceeded mln dlrs compared original estimate mln dlrs fluidized bed facility provided heat and electricity for oil shale project unocal last year fall oil prices and loss investment tax credit tax reform act made project uneconomical even government price supports and loan guarantees unocal parachute creek oil shale plant produces barrels per day crude shale oil unocal reuter 
trade	civil service strike delays trade figures civil service industrial action started early this month will delay publication overseas trade figures had due thursday trade and industry department statement department spokesman figures will put back month june trade figures due late july will delayed added reuter 
acq	metro airlines mair make acquisition metro airlines inc agreed principle acquire privately held chaparral airlines inc for dlrs cash chaparral regularly scheduled service dallas fort worth regional airport affiliated carrier amr corp amr and had revenues mln dlrs reuter 
earn	telco systems inc telc qtr loss shr loss cts loss cts net loss loss sales mln mln avg shrs mths shr loss dlrs profit cts net loss profit avg shrs reuter 
acq	altus bank alts fails reach agreement altus bank not reach definitive agreement buy horizon financial corp horizon funding and billion dlrs loan servicing victor savings and loan association altus southern federal savings and loan association earlier announced signing letter intent make acquisitions horizon financial and horizon funding units victor savings and loan association reuter 
earn	mars graphic services inc wmd qtr shr cts cts net sales avg shrs reuter 
acq	marcade group inc mar buys europe craft marcade group had agreed buy europe craft imports inc for combination cash and common stock company europe craft designs imports and distributes menswear and sportswear member brand name company europe craft had sales mln dlrs last year marcade this latest deal part ongoing acquisition phase reuter 
acq	american communications nacs weighs sale north american communications corp options maximize shareholder including sale merger corporate restructuring leveraged buyout trading company stock halted pending announcement company owns and operates cable television systems minnesota and wisconsin retained communications equity associates financial adviser explore alternatives reuter 
acq	murphy oil proposing acquire remaining pct canadian subsidiary 
acq	primerica completes smith barney takeover primerica corp completed previously announced acquisition smith barney inc for mln dlrs cash primerica ich changed name april american can smith barney harris upham and inc wholly owned smith barney inc will add domestic and overseas branch offices reuter 
acq	king world kwp financing for offer king world productions inc will finance repurchase shares announced earlier today cash hand and mln dlrs bank borrowings for received commitments chicago corp fnb and bank york company today started tender offer for shares dlrs each and agreed buy shares members king family and management together total mln shares shares repurchased amount pct king world stock reuter 
acq	murphy oil mur acquire canadian subsidiary murphy oil corp board proposed reorganization acquire pct common shares canadian subsidiary not owned parent proposal undertaken court approved plan arrangement shareholders murphy oil calgary alberta canada offered option receive dlrs canadian share cash equivalent market common shares parent company reuter 
acq	investor sells pct rbi stake jeffrey neuman santa monica calif told securities and exchange commission sold entire industries inc stake shares pct total outstanding neuman transferred stock two years ago tudor trust trustee trust sold entire stake private deal june dlrs share reuter 
acq	fortune fin forf unit makes acquisition fortune financial group inc fortune savings bank acquired financial security savings and loan association branch sunrise fla terms not disclosed fortune savings bank office had mln dlrs deposits june meanwhile acquisition marine savings and loan association florida offices naples fla awaiting regulatory approval reuter 
acq	group pct american physicians amph group led hills investors natalie and paul koether told securities and exchange commission acquired shares american physicians service group inc pct total koether group bought stock for mln dlrs for capital appreciation and buy group paul koether met june management representatives for talks that included company business potential acquisitions for company opportunities expand company and possibility koether named board group not whether talks resulted agreements sec filings companies had stake koethers reserve actions deem maximize shares current plans taking action buy american physicians shares koethers decide sell stake company reuter 
acq	barco directors approve buyout offer senior management 
acq	irwin jacobs holds pct gillette 
earn	costco wholesale cost qtr net oper shr two cts cts oper net sales mln mln mths oper shr six cts cts oper net sales mln mln note oper data not include extraordinary gains tax loss carryforwards dlrs per shr dlrs per shr qtr and dlrs cts per shr dlrs cts per shr mths reuter 
acq	sithe raise energy factors efac stake sithe energies signed agreement will increase interest energy factors inc pct pct investing mln dlrs energy factors stock reuter 
acq	barco brc board approves leveraged buyout bacro california board approved offer chairman kenneth donner and president michael donner purchase outstanding barco common shares dlrs per share leveraged transaction donners pct company outstanding shares barco vice chairman david grutman and family members pct barco shares agreed sell stock for offering price reuter 
acq	irwin jacobs gillette stake investor irwin jacobs investment gillette amounting pct consumer products company stock jacobs made comment response enquiry not comment yesterday gillette rebuffed takeover proposal revlon inc agreement two companies revlon permission gillette board making offer shareholders board declined grant that permission gillette topic takeover speculation for weeks stock traded heavily and arbitragers jacobs not investor sizeable position company reuter 
earn	rapitech systems inc rpsy qtr loss april end shr losses not net loss loss revs mths shr losses not net loss loss revs reuter 
acq	vrbb closes stock sale acquisition business brokers inc closed sale controlling interest comon and preferred stock acquisition corp delaware corporation controlled investment group led robin relph london agreement dated april business agreed sell shares common stock and shares pct cumulative stock business issued shares common stock and shares preferred stock remaining shares common listed week days reuter 
acq	microwave laboratories inc mwav qtr net april end shr cts cts net sales avg shrs year shr cts cts net sales avg shrs reuter 
earn	passport travel inc ppti qtr net shr profit six cts loss net profit loss rev mln mln six months shr profit cts loss net profit loss rev mln mln reuter 
earn	savoy industries inc savo qtr loss oper shr loss cts loss cts oper net loss loss sales mln mln avg shrs note operating loss excludes profit dlrs cts share discontinued operations reuter 
trade	latin caribbean nations oppose trade bills group latin american and caribbean nations formally opposed trade legislation pending congress curb exports slow development and hinder ability repay foreign debt mario rodriguez montero president organization american states special committee trade aware large trade deficit added region not affected trade bills deficit strong dollar and budget deficit and regrettable solve trade bill that serve private interests rodriguez made comment news conference two days meetings officials trade bills congress that designed reduce trade deficit last year hit record billion dlrs congressional observers bills aimed japan taiwan south korea and nations large annual trade surpluses united states mexico brazil and venezuela latin nations large trade surpluses last year united states even mexico largest had surplus billion dlrs japan billion dlrs european community opposed bills rodriguez latin and caribbean nations backed reagan administration opposition sections legislation including curb imports and require retaliation for foreign unfair trade practices told reporters committee likely mount campaign fight legislation comes for debate senate floor expected week rodriguez region trade continue development hope this will not affected negatively trade legislation rodriguez market opens market obtain foreign exchange not service debt continue national development progress president reagan veto legislation termed protectionist and aides mounting effort water objectionable provisions legislation asked whether reagan ready cast veto rodriguez administration not veto frame mind reuter 
acq	reed intl denies bid approach reed international plc reed denied rumours stock market that target takeover bid and had received approach view increase share price today want make clear that not received bid approaches reed chairman leslie carpenter statement rumours that publisher harcourt brace jovanovich inc hbj bid for reed paper and printing company pushed reed shares stage today eased back close background widespread decline equity prices share market analysts speculators buying stock belief that harcourt bid for reed effort escape unwelcome two billion dlr bid robert maxwell british printing and communication corp bpcl such move made harcourt big for bpcc analysts added speculation that bpcc bid for harcourt unsuccessful turn attention reed reuter 
acq	applied data adcc buy dateline applied data communications agreed acquire privately held dateline technology inc redmond wash for undisclosed amount cash and stock dateline technology designs and sells high capacity high speed computer peripheral subsystems primarily for data storage applied data reuter 
acq	gulf and western ups interest network usa network today acquired time inc interest network network joint venture time gulf and western inc and mca inc mca that gulf and western and mca each previously held interest will jointly usa network basis terms not disclosed usa network usa network advertiser supported entertainment basic cable network reaching mln homes cable systems reuter 
acq	tektronix tek begins dutch auction tender tektronix inc began previously announced dutch auction cash tender offer for mln common shares terms offer company will select single cash purchase price for stock based number shares tendered not exceed dlrs per share lower dlrs per share tektronix company not intend spend mln dlrs for shares tendered stated that tender offer expires july extended reuter 
acq	kay kay acquire specialty fastener firm kay corp balfour maclaine international subsidiary signed letter intent acquire assets privately owned distributor specialty fasteners for mln dlrs management incentives not disclose kay firm annual sales mln dlrs kay pursuing private placement debt securities for number corporate purposes reuter 
acq	england critical care necc buys npo england critical care inc completed purchase npo therapies inc salt lake city company that npo therapies president and founder kelly mutchie joined england critical care regional vice president covering western united states npo therapies home infusion therapy services reuter 
acq	dayton hudson told buyer stock not interested acquired 
acq	pacific basin acquire pct pacific basin development corp based vancouver british columbia reached agreement buy pct pacific corp and marketing arm for mln dlrs pacific expects earn mln canadian dlrs for year ended june and mln canadian dlrs for year ended june signetics corp unit assembles integrated circuits southeast asia and buying assembler pacific expects earn mln canadian dlrs per year acquisition completed reuter 
earn	andersen group inc andr qtr shr loss cts loss cts net loss loss revs mln mln avg shrs reuter 
acq	dayton hudson not interested acquisition dayton hudson corp letter employees told aggressive buyer company stock that not want acquired dayton hudson spokeswoman not identify buyer wall street sources dart group corp darta company interested buying dayton hudson stock wall street sources dart group expected file statement securities and exchange commission accumulation dayton hudson stock letter company employess dayton hudson management moved two directions fend takeover letter chairman kenneth macke expressed group buying stock company desire remain independent dayton hudson thursday night met minnesota governor rudy perpich appealing for legislative spokesman for governor perpich earlier governor expected today recommend stiffening state anti takeover law minneopolis retailer defend minnesota house speaker designate legislators language similar that contained indiana and york law amendment proposed designed thwart company dismantling company for profit dayton hudson people feel statutes not protect vanasek reuter 
acq	barnett banks bbf files federal board barnett banks inc and home federal bank florida filed suit federal home loan bank board and federal savings and loan insurance corp companies suit asks jacksonville fla federal district court enjoin enforcement interpretive rule adopted fhlbb last year seeks give jurisdiction barnett proposed acquisition home suit this rule arbitrary and capricious reuter 
money-fx	business loans fell mln dlrs business loans books major banks excluding acceptances fell mln dlrs billion week ended june federal reserve board fed that business loans including acceptances fell mln dlrs billion dlrs reuter 
acq	judge rule monday burlington bur case manhattan federal court judge shirley wohl kram rule monday whether grant request block dlr per share merger agreement burlington industries inc and morgan stanely group inc request bar merger made samjens acquisition corp partnership formed financier asher edelman and dominion textiles inc samjens made hostile dlr per share takeover bid for burlington reuter 
acq	saur sells assets reed international saur german based publisher databases and legal and bilbiographic reference material sold assets butterworth group division reed international plc reed for mln dlrs saur klaus saur president and owner company will remain president saur operations munich london and york reuter 
earn	ael industries inc aelna qtr net shr cts cts net dlrs dlrs revs mln dlrs mln dlrs note quarter ended reuter 
earn	national video inc nvis year net shr cts cts net dlrs dlrs revs mln dlrs mln dlrs note fiscal year ended march reuter 
acq	archer daniels adm denies rumor archer daniels midland denied report that interested acquiring international minerals and chemical corp igl interest international minerals divisions spokesman told reuters had conversations usa today reported that archer daniels midland seeking hostile takeover international minerals reuter 
earn	kaufel group kgl qtr net shr cts cts net revs mln mln mths shr cts cts net revs mln mln avg shrs mln mln reuter 
acq	group cuts zondervan zond stake pct investor groups associated london investor christopher moran unsuccessful bid zondervan corp last year cut stake company pct filing securities and exchange commission group led investors lawrence altschul and james apostolakis cut zondervan stake shares pct total shares pct group earlier this month sec filing wanted join groups maximize share values sold shares june and for mln dlrs group had joined moran group last year assembled combined pct stake zondervan unsuccessful takeover last month moran group broke and splintered into factions moran withdrew takeover effort and last reported personal stake pct group led miwok capital corp california broker pct stake and another led minneapolis stockbroker jeffrey wendel pct made recent sec filings seeking agreements parties want seek control company reuter 
acq	leader coming sec challenging era president reagan nominee top policeman for nation securities markets will inherit agency challenged insider trading scandal wild stock price gyrations and host uncertainties stemming globalization financial markets david ruder year republican law professor northwestern university evanston ill named thursday chairman member securities and exchange commission confirmed senate expected will succeed john shad left agency earlier this week record six years chairman become ambassador netherlands sec limelight for past year investigators probed into colossal insider trading scandal uncovered wall street investigation active mushroomed recent months growing number traders and prominent investment banking firms charged wrongdoing pace probe picked markedly november ivan boesky wall street successful stock speculators agreed cooperate government investigators and pay record mln dlrs penalties and illegal profits charged insider trading agency wrestling vexing phenomenon huge and rapid swings stock prices spurred computer driven trading strategies that span markets securities options and futures price gyrations combined rising trading volumes bring unprecedented volatility securities markets time sec pressed lawmakers put stop abusive tactics corporate takeover contests unrelenting wave such takeovers steadily reshapes corporate landscape and agency pushed and foreign exchanges intent expansion lay regulatory groundwork for international securities marketplace trading occurs across borders world clock such worldwide trading networks offer vast investment opportunities strain sec ability enforce securities laws and guard investors fraud leadership shad sec eased financial disclosure requirements for publicly traded companies eliminated minor investor protection rules attempted spur competition exchanges and streamlined agency review hostile corporate takeovers shad had vice chairman hutton investment banking firm brought wall street perspective agency named chairman line views top administration officials favored marketplace determination takeover battles federal regulations sec shad stressed prosecution insider trading violations corporate wrongdoing cases that topped agency enforcement agenda administration president jimmy carter democrat securities lawyers and industry officials acquainted ruder chairman designate significantly alter commission current priorities sec employees lawyers and annual budget mln dlrs that figure likely will significantly higher year agency moves beef enforcement staff agency government that money spent past years fees charges public companies investment banks and securities firms regulates sec structured independent regulatory agency meaning that commissioners appointed president fixed year terms and protected firing for policy differences alone law commissioners political party and agency prepares budget request each year leaving this white house established congress sec traces origins great stock market crash attributed large part widespread trading credit and attempted market manipulations large investment firms agency requires public companies and investment vehicles such mutual funds issue periodic reports financial condition and disclose condition time issue securities requires brokers dealers and investment banks register and comply investor protection rules and polices exchanges and regulates trading practices chairman joseph kennedy industrial magnate father john kennedy become nation president chairmen include william douglas served appointment supreme court and william casey served president nixon term and reagan director central intelligence agency death earlier this year reuter 
trade	asks congress revise tariff categories administration asked congress replace tariff schedule system bring into line international tariff categories trade representative clayton yeutter system will add such items fiber optics and accurately define composites items not widely traded current schedule devised years ago yeutter harmonized system schedule called will change tariff categories and definitions meet present day exporters and importers pay rates duties yeutter american exporters will find easier deal standardized worldwide system variety differing systems face system ended years multinational negotiations create unified tariff schedule yeutter government and business moves based data tariff schedules and system will improve knowledge trade flows and quality decision making nations pledged bring standards system half expected join system january reuter 
acq	service resources src unit cuts sorg srg stake group led chas young subsidiary service resources corp cut stake sorg inc shares pct total outstanding common stock shares pct filing securities and exchange commission young yesterday withdrew dlr share takeover proposal group member sdi partners partnership sold sorg common shares june and dlrs each reuter 
earn	dwi corp dwic qtr march net shr profit nil loss two cts net profit loss revs mths shr loss nil loss cts net loss loss revs reuter 
acq	firm supreme equipment seqp stake towle and louis investment advisory firm told securities and exchange commission acquired shares supreme equipment and systems corp pct total outstanding towle bought stock for investment purposes behalf advisory clients reuter 
acq	sico sic buy reichold rci unit assets sico inc agreed principle buy assets reichold chemicals inc sterling group manufactures electrical insulation compounds and industrial resins and develops coatings for electronics industry terms undisclosed sico acquired sterling group canadian assets february acquisition adds mln dlrs annual sales volume reuter 
acq	investor group dumps silicon slcn stake group boston investors and investment partnerships told securities and exchange commission sold entire stake silicon systems inc shares pct total outstanding group includes hlm associates hlm associates and general partners sold stock april and june dlrs share result investment decision reuter 
earn	shirmax fashions shx qtr net qtr ended oper shr cts cts oper net revs mln mln note latest qtr exludes writeoff dlrs store renovation reuter 
acq	group ups stake tandy brands tab pct group companies including chicago based coronet insurance and sunstates corp jacksonville fla real estate firm raised stake tandy brands inc shares pct total filing securities and exchange commission group bought tandy common shares and june for dlrs addition shares pct had held previously reuter 
acq	gateway gmsi recinds offer for westworld gateway medical systems inc withdrawn offer acquire westworld community healthcare inc company remains interested acquiring westworld hospitals and will attempt continue negotiations westworld reuter 
earn	bower industries inc qtr net shr profit six cts loss cts net profit loss revs reuter 
acq	wpp group extending expiration merger proposal jwt group june 
acq	joe franklin and assets development merge privately held joe franklin productions inc entered into preliminary agreement merge assets development corp public company terms not disclosed companies expected merged group qualify for listing nasdaq reuter 
acq	dart group declines comment dayton hudson dart group corp darta comment reports company accumulating shares dayton hudson corp dayton hudson letter shareholders told aggressive buyer stock that not want acquired wall street sources identified buyer dart earlier this year thwarted takeover attempt for privately held supermarkets general corp reuter 
earn	rise technology inc rtek qtr loss shr loss cts loss net loss loss revs reuter 
acq	wpp group plc extends offer for jwt jwt wpp group plc extending dlrs share offer for jwt group inc midday june company temporarily extended offer june not give expiration date dlrs share offer for jwt rejected jwt expires july reuter 
acq	maxicare maxi ends plans sell unit maxicare health plans inc ended negotiations sell maxicare alabama complete health inc companies last week had reached agreement principle for complete health purchase health maintenance organization largest alabama maxicare terms not interests heatlh care providers built alabama hmo intends work health care providers alabama develop hmo reuter 
earn	chiron corp chir qtr april loss shr loss cts loss cts net loss loss revs year shr loss cts loss cts net loss loss revs reuter 
earn	methode electronics inc meth qtr net qtr ended april shr cts cts net revs mln mln year shr cts cts net revs mln mln reuter 
acq	investment partnership ups facet fct stake charter oak partners connecticut investment partnership raised stake facet enterprises inc shares pct total outstanding common stock shares pct filing securities and exchange commission charter oak bought facet common shares june dlrs each reuter 
interest	uptrend remains intact for debt futures six basis point rise past month debt futures extended week series economic reports analysts long dollar holds firm interest rates declined approximately basis points last month largely indications that inflation not high people had feared and narrowing trade balance nominal terms samuel kahan chief financial economist kleinwort benson government securities kahan recent government reports shown strength economy quarter concern whether economy will sustain that strength longer term weak economic growth hurt dollar become important direction debt futures beneficial impact interest rates sluggish economy median trade expectations for tuesday consumer price index and durable goods reports pct and pct meanwhile billion dlr drop money supply announced this week surprising larger expected kahan quickly reversed such trend will ensure that june growth will negative kahan conjunction and aggregates kahan slowed crawl below federal reserve board annual targets consequences hint economic weakness road based chart formations bond futures poised for gains advance slowed recently analysts september bonds almost six points since merrill lynch debt analyst jim duggan noted september bond futures climbed low month ago mid june duggan follow buying aided advance and bouts short covering prohibited slide chart support rally september bonds thwarted level level formidable resistance and this activity trading range market carroll mcentee and mcginley futures debt analyst brian singer dollar remains key fundamental factor and currency made headway late analysts critical variable remaining market dollar kahan additional influences week will developments ahead opec members meeting and impact and size budget deficit will not forefront market early week kahan ahead treasury mini refunding auctions billion notes tuesday wednesday and thursday singer market will likely greet results excitement successful auction prove turning point depending prevailing market psychology reuter 
interest	shanghai bank standard chartered bank raise prime point pct 
money-fx	venezuela probes alleged foreign exchange fraud banking authorities and police investigating alleged fraud second largest trading house caracas free foreign exchange market finance minister manuel azpurua told reporters superintendency banks and technical and judicial police begun probes cambio guiara azpurua friday night police owners firm mario muggia and brother luigi muggia left venezuela cambio guiara operated part parallel market traders buy and sell dollars venezuelan central bank june suspended licences foreign exchange operators parallel market blaming speculation for constant rise dollar juan domingo cordero vice president caracas stock exchange and owner foreign exchange trading house friday had begun legal action cambio guiara for issuing checks funds for total amount almost mln dlrs cambio guiara exchange house had operated venezuela for years reuter 
ship	kuwait full gulf arab support kuwait shipping come repeated attack iran full support saudi arabia and gulf allies senior government official cabinet spokesman abdul aziz otaibi quoted kuwaiti news agency kuna yesterday foreign minister sheikh sabah ahmed sabah had told cabinet had found complete support this delicate phase visits gulf cooperation council gcc states gcc economic and military alliance generally supported iraq iran comprises bahrain kuwait oman qatar saudi arabia and united arab emirates reuter 
crude	santos significant oil find santos stos had made significant oil discovery mawson moomba block cooper basin south australia flowed oil sands average rate barrels per day metres choke santos cased and suspended pending evaluation proximity discovery existing production facilities gidgealpa south field mawson brought into production rapidly santos pct stake block delhi petroleum pty pct and south australian oil and gas corp pty pct reuter 
crude	east traders expect dlr oil january opec agreement limit output mln barrels per day bpd for rest year boost spot prices and enable group raise official reference price dlrs barrel january current dlrs east oil industry sources fundamentally market situation bullish and official price will dlrs january japanese refiner sources that spite production opec members such iraq united arab emirates kuwait and qatar demand exceed supply fourth quarter spot oil prices surged friday late trading market anticipated opec agreement second half output early tokyo trade levels firm dlrs for mideast dubai cargoes loading month and dlrs for brent traders expect foreign crudes sucked into market benchmark crude west texas intermediate wti trades dlrs wti dlrs refiners will import mideast and east crudes and this will strengthen grades japanese oil trader tokyo traders cautious whether thu spot market upward potential short term risen strongly opec news friday you argue that york rose that basis reason for prices today international oil trader tokyo sign dip will bought back pretty quickly added oil industry analyst concurred reason expect weak market expected opec raise prices dlrs meets december oil sources spot prices surge strongly months due cheating opec members and likelihood that saudi arabia will act swing producer maintain steady prices iraq producing two mln barrels per day compared second half quota mln export capability will rise mln bpd pipeline turkey comes onstream september qatar achieving sales bpd opec assigned quota discounting cents barrel official prices sources iran united arab emirates and kuwait cheating opec agreement production and effective price discounts counter purchases industry sources agreed that saudi arabia will unofficially act swing producer cutting production compensate for higher output members boosting output spot prices rise high fast saudi arabia floating oil stockpile mln barrels saudi arabia oil price stability stockpile utilized cool market rises oil industry analyst reuter 
acq	willis faber making agreed mln stg bid for stewart wrightson 
crude	saudi oil company gets acting governor acting governor saudi arabia state owned oil company petromin jamal hassan jawa retired request oil industry sources ali ibrahim rubaishi head organisation planning petromin acting governor jawa held post since predecessor abdul hadi taher left major oil industry shake last december sources rubaishi had not expected hold post permanently government removed taher and oil minister ahmed zaki yamani posts late last year move industry sources aimed coming grips buyers oil market two men had run saudi oil industry for years industry sources that despite huge resources saudi arabia had unable mould oil marketing strategy tuned competitive realities glut hisham nazer replaced yamani successfully led opec engineered return fixed oil prices dlrs barrel last december nazer believed reviewing saudi oil operations lead thorough overhaul saudi arabia business sources sources had candidates for governor job include prince abdul aziz ibn salman ibn abdul aziz earlier ran research center saudi arabia university petroleum and minerals and deputy planning minister faisal beshir list abdulla bakr president university petroleum and minerals economist ali jonahi ahmed shinawi and zuheir masoud director jeddah islamic port reuter 
crude	uae oil minister oteiba visits egypt agency uae oil minister mana oteiba arrived alexandria last night for visit egypt national middle east news agency mena oteiba had attended opec ministerial meeting vienna stay for days gave details opec egypt pledged restrain output support opec moves boost oil prices oil minister abdel hadi kandeel last week egypt plans leave oil production barrels per day unchanged for years egypt produce mln bpd reuter 
acq	willis faber bids for stewart wrightson willis faber plc wifl will make agreed mln stg offer for fellow insurance broker stewart wrightson plc joint statement offer basis willis shares for two stewart valuing each stewart share willis owns mln shares pct and received acceptances stewart directors for shares full acceptance offer involve issue mln willis shares pct enlarged total companies proposed merger bring together businesses that largely complementary believed combination permit effective competition world and enahnce service provided clients merger two companies significant opportunities for growth brokerage income and considerable scope for improved operating efficiency willis shares suspended friday trading restarted dropped sharply stewart wrightson shares rose gmt suspension price reuter 
crude	norway extends pct oil output cut ministry norway will extend pct cutback planned north sea oil output support opec july end this year oil ministry spokesman egil helle told reuters positive view opec meeting vienna accord reached means stability oil market and continue making contribution cuts originally brought february officially approved july parliament helle ministry had written norway oil companies and discuss implement cuts opec agreed this weekend vienna output ceiling mln barrels per day bpd for rest and retained fixed prices that set december accord based dlr per barrel reference point opec half output ceiling mln bpd and december pact had provisionally set quarter ceiling mln bpd rising mln fourth quarter norway pumps mln bpd offshore fields previously continue output curbs planned production for rest year opec remained december accord output and prices norway oil production rose pct average bpd since risen mln bpd and expected reach mln bpd pct cut planned production implemented since february reduced norway oil output bpd norway oil minister arne oeien iceland for meeting nordic ministers made official statement latest oil production cutbacks past year leading opec producers including soviet union mexico china malaysia and egypt pledged support for opec bid prices stable norway decided initial round cuts opec agreement last december boosted oil prices dlrs per barrel dlrs last december norway relies oil for pct total export earnings and hit hard collapse oil price half firmer oil prices since brought stability economy and helped narrow foreign trade deficit norway north sea neighbour britain consistently refused cooperate opec output cuts producing oil companies set levels production reuter 
acq	brent buy lonrho division proposes rights brent walker group plc had agreed buy group companies comprising lonrho plc lrho metropole casino division together freehold central london for mln stg payment will cash completion for mln stg payable december brent proposed raise mln stg net issue mln convertible shares stg each shares can converted and rate ordinary shares for convertibles held full conversion issued ordinary share capital company increase pct birdcage walk company controlled walker family owns pct shares and entitled mln convertible shares offer trustees had that intended sell convertibles nil paid enable remainder brent buy casino companies and freehold park lane london arrangements arrange for repayment mln stg inter company debt brent walker shares firmed sharply announcement friday close lonrho firmed reuter 
interest	bank japan determined easy money policy bank japan bought billion yen certificates deposit cds repurchase agreements today show determination maintain easy money policy central bank officials today buying operation designed seek announcement effect reassure market fact that not changed policy stance senior central bank official told reuters bank bought billion yen two month commercial bills smooth tight credit conditions interbank market today officials central bank concerned growing market expectations higher interest rates part responsible for recent plunge stock and yen bond prices officials money traders market generally shrugged bank operation small and rate below prevailing market rates rate key month cds primary market pct bank bid pct bank bill buying operation had impact regarded routine operation money traders regarded central bank buying operation simply gesture live japan pledge guide interest rates lower and stimulate economy not expect central bank ease credit grip bank manager adding that prevailing market expectation higher rates will remain this case month rate will stay pct for time reuter 
interest	bank japan sell billion yen bills bank japan will tomorrow sell billion yen bills holdings absorb projected money market surplus billion money market traders total billion yen will yield pct sales money houses banks and securities houses day repurchase agreements maturing august billion yen will yield pct day repurchase accords maturing august remaining billion yen will yield pct day repurchase agreements maturing august repurchase agreement yields compare pct month commercial bill discount rate today and pct two month bills attributed projected surplus billion yen government tax allocations local governments and public bodies reuter 
earn	ricoh rict year ended march group shr yen net billion billion pretax billion billion operating billion billion sales billion billion note forecast for current year reuter 
interest	uae central bank yields unchanged yields certificates deposit cds issued today united arab emirates central bank unchanged last monday offer bank month yield set last week pct two and month cds remained unchanged pct six month yield set pct reuter 
trade	bangladesh trade gap widen bangladesh trade gap expected widen fiscal beginning july government relaxed restrictions imports including luxury cars country set export target for year billion dlrs imports billion dlrs compared billion dlrs export earnings and billion dlrs imports commerce minister mohammad abdul munim aimed encouraging export oriented industries boost foreign exchange earnings and imports essential machinery and raw materials increase industrial production government easing procedures enhance incentives for exporters textiles and frozen food and importers industrial machinery and raw materials munim told reporters commerce ministry officials told reuters import policy covered commercial imports amounting billion dlrs imports capital machinery and foodgrains government not included policy added country total import bill commercial and imports expected reach billion dlrs year compared billion dlrs minister ending restrictions imports cars and dropping pct sales tax small cars not harm economy munim bangladesh feared drop prices for main export jute will affect export earnings coming year bangladesh jute exports fell mln dlrs mln official figures munim exports traditional items accounted for pct total exports this year play key role achieving export target reuter 
interest	bank france cuts intervention rate pct pct official 
trade	remain divided pasta dispute top level talks last week european community and united states failed resolve dispute pasta provoke trade frictions month diplomatic sources insists complies regards unambiguous ruling world trade body gatt and dismantles export subsidy system led italy taking increasing share pasta market sources subsidies cents pound offered compromise last week talks brussels that this rejected assistant special trade representative jim murphy returned washington ahead theoretical july deadline for agreement set last august two sides resolved related dispute restrictions citrus imports diplomatic sources citrus issue reopened pasta dispute not solved quickly reimpose pct tariff pasta lifted citrus row settled two sides agree extend deadline for days commissioners willy clercq and frans andriessen due visit washington july reuter 
interest	bank france cuts day repurchase rate pct pct official 
crude	extracts opec communique extracts communique issued conclusion opec conference conference expressed satisfaction positive results agreement signed december opec established system fixed price level dlrs per barrel supported opec production ceilings distributed into national production levels conference noted that market indicators including spot prices market and netback values opec crudes firming significantly consolidating opec price structure defined agreement conference examined supply demand outlook for second half year and decided that order secure continued firm prices market opec production fourth quarter will equal that quarter mln barrels per day bpd distributed into national production levels defined mentioned agreement for that quarter conference decided establish committee heads delegation monitor price evolution market relation opec official prices order secure price stability opec price structure significant change market prices committee immediately call for extraordinary meeting conference view deciding opec production levels second half year secure desired market stability conference reiterated necessity member countries strict adherence agreement signed december terms official price and national production levels for this purpose conference decided establish committee heads delegation undertake visits member countries order motivate comply terms agreement conference stressed necessity cooperation oil producing exporting countries opec essential prerequisite for lasting market stability conference decided reinstate group heads delegation established extraordinary meeting conference april undertake contacts countries conference observed continued fall dollar and agreed that matter studied and reported meeting conference conference discussed appointment secretary general and decided discuss matter ordinary meeting conference extended term office fadhil chalabi deputy secretary general for period year october ordinary meeting conference will convened vienna december reuter 
interest	poehl speaks german interest rate cut bundesbank president karl otto poehl west germany badly advised lower interest rates and that believed economy continue recover six month lull asked newspaper bild sonntag lower interest rates boost domestic economy poehl badly advised forced interest rate cuts this circumstances release inflationary fears likely lead higher interest rates added poehl germany had practically growth past six months mark surge and cold winter since april statistics show that economy finds growth expect this development continue coming months asked expectations european community trade war poehl such event disastrous for this reason europe avoid used protectionist forces pretexts added this includes eliminating existing restrictions protectionism not found reuter 
crude	kuwait sees opec output ceiling end year opec output for second half including that iraq will official mln barrels per day bpd output ceiling agreed opec saturday kuwait oil minister sheikh ali khalifa sabah iraq refused sign pact opec maintained ceiling mln bpd for and fourth quarters december opec set provisional fourth quarter level mln bpd cut back quarter target ali told news conference that including iraq opec quarter output will and mln bpd fourth quarter output will mln bpd ali not detail effect thought production levels prices iraq official half quota mln bpd rising mln second half refused adhere and recently producing two mln barrels per day exporting pipelines saudi arabia and turkey iraq export capacity will boosted bpd oil pipeline turkey comes stream september iraq insisting quota equal gulf war enemy iran quota mln bpd rising mln second half ali position bpd production neutral zone saudi arabia and kuwait supplied iraq war relief crude fixed will not discuss will not change ali conference began thursday and ended saturday evening had short for problems adressed overdoing holding short meeting sweep lot carpet ali problem price differentials prices opec crudes had not dealt properly meeting ali problem differentials real hate producing today light crude and that problem not dealt properly light crudes overpriced relative heavy crudes asked issue differentials raised opec meeting held vienna december ali crudes affected will raise issue will not work another minister kuwait crudes range medium heavy grades opec reintroduced fixed prices february spread dlrs barrel lightest and heaviest crudes reuter 
crude	iraq rejects opec oil quota iraq rejected opec production quota set vienna for second half this year official iraqi news agency ina reported quoted oil minister issam abdul rahim chalabi returned sunday iraq will continue adhere position not included agreement last december iraq rejected assigned half quota mln bpd and demanded share equal mln bpd quota set for iran enemy year gulf war accord reached opec ministers vienna saturday set output ceiling mln bpd for group members july december raising iraq share mln bpd and iran mln reuter 
earn	fraser and neave frnm half march shr cents cents int div six cents group net mln dlrs mln turnover mln note div pay aug register july expects results for second half year similar half reuter 
earn	mitsui real estate development mrea year ended march group shr yen net billion billion current billion billion operating billion billion sales billion billion note company pct increase group current profit year earlier due drop two billion yen interest payments reuter 
trade	german trade surplus billion marks april surplus billion official 
earn	tata iron and steel pre tax falls pct year march share rupees pre tax profit mln rupees billion net profit mln billion sales billion billion dividend pct tax mln mln note full company name tata iron and steel tata dividend payable shareholders aug reuter 
acq	kraft kra completes buy quaker oat unit kraft inc completed previously announced acquisition anderson clayton foods division quaker oats for mln dlrs cash reuter 
acq	martin processing accepts dlrs share bid courtaulds plc 
acq	frontier frtr buys malpractice business frontier insurance group inc acquired malpractice book business generated medical quadrangle inc and medical professional liability agency producer medical malpractice coverage acquisition will enable frontier medical malpractice coverage serviced internally reuter 
earn	helene curtis industries inc qtr net period end shr profit cts loss cts net profit loss revs mln mln reuter 
earn	groupe videotron ltee vdo mths net period ended shr cts cts net mln mln revs mln mln avg shrs mln mln reuter 
earn	inter tel inc intla qtr oper net oper shr cts oper net revs avg shrs six mths oper shr cts two cts oper net revs mln mln avg shrs note earnings exclude gain utilization tax loss carryforwards dlrs share quarter and dlrs two cts share for six months reuter 
acq	generation products makes acquisition generation products inc acquired pct ownership personal protection technolgies inc generation personal protection developing group personal care products effective killing variety viruses and bacteria contact for and export markets reuter 
earn	town and country jewelry tnc qtr net shr cts cts net dlrs dlrs revs mln dlrs mln dlrs note quarter ended company full name town and country jewelry manufacturing corp reuter 
earn	data architects inc dai qtr net shr cts cts net dlrs dlrs revs mln dlrs mln dlrs six mths shr cts cts net dlrs dlrs revs mln dlrs mln dlrs reuter 
acq	martin processing mpi accepts courtaulds bid martin processing inc board approved agreement acquired courtaulds plc cou for dlrs share company transaction valued mln dlrs based shares stock outstanding courtaulds privately agreed purchase majority martin common trusts established julius hermes for dlrs share courtaulds intends conduct tender offer for martin stock not beginning documents prepared reuter 
earn	lifetime corp lft year march net shr cts net mln dlrs revs mln dlrs note company year ago figures not comparable due reverse merger last year reuter 
earn	university genetics ugen qtr loss shr loss two cts loss cts net loss dlrs loss dlrs revs dlrs dlrs mths shr loss cts loss cts net loss dlrs loss dlrs revs mln dlrs dlrs note quarter ended april reuter 
acq	bsn bsn purchased macgregor mgs stock bsn corp purchased macgregor sporting goods common stock recent open market transactions bsn position pct ownership require specific disclosure company will continually review position and nelect increase decrease number shares owned added reuter 
earn	telecommunications network tnii year net shr cts cts net dlrs dlrs revs mln dlrs mln dlrs note year ended march reuter 
earn	hovnanian enterprises hov qtr net shr cts cts net revs mln mln avg shrs reuter 
trade	armistice eludes and spaghetti war talks european community and united states failed settle trade dispute pasta commission spokesman diplomatic sources dispute provoke trade friction settled washington insisting that comply regards unambiguous ruling world trade body gatt and cut export subsidies allowed italy increasing share pasta market subsidies cents pound pasta exports spokeswoman talks foundered question subsidy cut reuter 
acq	utilicorp ucu unit buys stake power plant utilicorp united inc utilco group subsidiary completed purchase pct interest westwood energy properties limited partnership for mln dlrs company partership building and will operate megawatt electric generation facility schuykill county penn scheduled begin commercial operation july pct interest sold westwood funding corp wholly owned subsidiary combustion engineering inc csp westwood funding retains interest partership and serves general partner reuter 
acq	coradian cdin stake acquired sage coradian corp group led privately held sage equities group agreed buy pct interest coradian connection agreement company sold shares cts share that addition common stock sage equities will receive warrants exercisable dlrs share reuter 
earn	sikes corp ska qtr net shr cts cts shr diluted cts cts net sales mln mln note share results reflect two for stock split paid july reuter 
earn	inter tel inc intla qtr net shr cts net rev mln mln avg shares six months shr cts two cts net rev mln mln avg shares note qtr includes extraordinary gain dlrs share six months net includes gain two cts share reuter 
acq	entertainment marketing demands crazy eddie shareholder list pursue merger 
acq	datacard datc adopts dividend rights plan datacard corp adopted dividend rights plan response deluxe check printers inc dlx agreed sell pct interest datacard national computer systems inc nlcs datacard declared dividend distribution preferred stock purchase each outstanding share common stock dividend designed deter national computer potential suitors preventing datacard evaluating alternatives maximize shareholder datacard national computer told reuters june make bid for datacard june datacard filed suit hennepin county district court minnesota block sale pct stake stock national computer announcing rights plan datacard not designed deter takeovers that consistent objective maximizing stockholders datacard stockholders rights will not become exercisable days announcement that person group acquired beneficial ownership pct datacard common stock once exercisable each entitle holder buy share datacard series junior participation preferred stock for dlrs holders acquirer entitled purchase for six months becomes exercisable number shares preferred stock market equal twice exercise price rights rights dividend distribution payable july shareholders record july reuter 
earn	sheldahl inc shel qtr net shr cts cent net revs mln mln mths shr cts cts net revs mln mln note per share figures adjusted for for two stock split paid april reuter 
acq	federal resources fdrc acquires retailer federal resources corp acquired capital stock and related real estate assets generation inc regional consumer electronics specialty retailer terms acquisition not disclosed generation annual sales volume mln dlrs federal resources federal resources will search for additional acquisitions including not limited specialty retailers reuter 
acq	entertainment seek crazy eddie crzy enetertainment marketing inc and president elias zinn demanded list crazy eddie inc shareholders company and pursue merger edison electronics retailer filing securities and exchange commission zinn demand for shareholder list made june desire communicate crazy eddie shareholders affairs company zinn and firm disclosed hold pct stake crazy eddie common stock acquire shares negotiated merger tender offer entertainment marketing informed june shearson lehman brothers inc acting behalf crazy eddie that provided information crazy eddie told sec entertainment marketing houston based firm involved electronics wholesaling and televised home shopping sales proposed dlr share merger acquisition crazy eddie and modified proposal june include participation crazy eddie management entertainment marketing told sec expects meet crazy eddie representatives future entertainment marketing disclosed that retained drexel burnham lambert inc financial advisor and investment banker light june announcement crazy eddie that chemical bank longer fund mln dlr credit facility company declines price stock entertainment marketing and zinn continuing evaluate alternatives respect investment crazy eddie stock depending evaluation company including actions crazy eddie board and party bids for company entertainment marketing and president hold present stake company sell shares purchase shares open market private purchases connection merger tender offer sec filing entertainment marketing and zinn bought current holdings crazy eddie common shares and june dlrs dlrs share total mln dlrs reuter 
acq	cyclops cyl merger approved cyclops corp shareholders approved previously announced merger company subsidiary dixons group plc dixons held pct cyclops stock tender offer and purchases earlier year completion transaction dixons will proceed pay dlrs share remaining cyclops shareholders reuter 
acq	vernitron vrn sets record date vernitron corp set record date july for shareholders entitled vote proposed merger vernitron holding corp original record date vernitron that expects special shareholder meeting merger will held august tender offer november holding holds pct vernitron maker electromechanical components and related products and services reuter 
acq	energas egas buy texas american tae unit energas agreed principle purchase western kentucky gas texas american energy corp for mln dlrs cash assumptrion liabilities western kentucky gas distribution company serves customers towns and communities kentucky reuter 
acq	gibraltar gfc buy thrift for mln dlrs gibraltar financial corp gibraltar savings unit agreed principle buy federal savings and loan ridgecrest for mln dlrs cash company actual price will determined close based net book federal located kearn county northeast los angeles and assets mln dlrs transaction subject definitive agreement shareholder and regulatory approval reuter 
acq	winley buys land holdings inc mdc winley home builders inc completed land purchase agreement holdings inc mdc for dlrs notes and preferred stock company bought lots colorado richmond homes unit return for dlrs promissory notes and dlrs preferred stock company option convert winley preferred stock into pct winley common year reuter 
earn	star classics inc scls qtr march net shr cts two cts net rev avg shrs reuter 
acq	gabelli firms pct stake digiorgio corp seek control 
earn	cleopatra kohlique inc cleo year net year ended march shr cts cts net revs mln mln reuter 
acq	interstate bakeries ibc buys mexican food firm interstate bakeries corp royal american foods subsidiary agreed buy assets landshire food products inc mexico based producer packaged mexican food products terms proposed transaction not disclosed reuter 
earn	federated group inc fegp qtr loss period ended shr loss cts profit six cts net loss profit sales mln mln reuter 
acq	gabelli firms hold digiorgio dig stake group firms led gabelli group inc told government regulators holds pct stake digiorgio corp common stock and two partnerships making part group seek control company filing securities and exchange comission group firms holds shares digiorgio common stock total shares held gamco investors inc and gabelli funds inc for investment purposes group gabelli rosenthal and partners and and partners hold remaining digiorgio common shares told sec purpose ultimately obtain control digiorgio contingent approval digiorgio sec filing previously reported gabelli and inc acting investment advisor group including gabelli rosenthal proposed june acquire digiorgio common shares for per share price dlrs cash subordinated note face dlrs pct redeemable preferred stock and common share post buyout company june buyout proposal remains open july that key members digiorgio management and directors invited remain firm and participate group acquiring company proposal subject due diligence review execution merger agreement arrangement financing and receipt government approvals gabelli and completed days april and june entire group led gabelli group inc made net purchases digiorgio common shares dlrs dlrs share reuter 
acq	unicoa merge into united insurance unit unicoa corp agreed merger wholly owned subsidiary united insurance america agreement each outstanding share unicoa common stock will converted into share united common stock agreement subject shareholder and regulatory approval teledyne inc tdy owns pct unicoa outstanding shares shareholder meeting expected held august reuter 
earn	hovnanian enterprises inc hov qtr earnings end shr cts cts net revs mln mln avg shrs note quarter report reuter 
acq	fed approves citicorp purchase assets sears calif thrift 
acq	health properties hrp buy properties health and rehabilitation properties trust reached understanding purchase nursing facilities mass and conn for mln dlrs greenery rehabilitation group inc grgi buildings will leased back greenery for initial term years subject renewal options for additional years health and rehabilitation properties transaction expected close august reuter 
acq	bsn bsn buys stake macgregor mgs bsn corp holds pct macgregor sporting goods company stock acquired recent open market purchases and stake not require specific disclosure reuter 
acq	vernitron vrn sets record date for merger vote vernitron corp set record date for shareholders entitled vote proposed merger vernitron corp holding corp for july vernitron manufactures electromechanical components and related products and services expects that special meeting shareholders will held august vernitron that holding holds pct vernitron resulting tender offer november reuter 
acq	fed citicorp cci sears thrift deal federal reserve board approved citicorp application purchase subsidiary citicorp savings oakland calif assets and assume liabilities sears savings bank glendale calif citicorp savings proposed assume two billion dlrs deposits and liabilities and purchase billion dlrs assets branch offices sears savings proposal involved assets and liabilities sears savings owned sears roebuck and fed that generally determined potentially adverse effects allowing affiliations banks and savings and loan associations allowed bank holding companies acquire failing thrifts citicorp proposal properly viewed permissible acquisition assets and liabilities and branches acquisition and citicorp savings successor failed fidelity savings and loan association assets billion dlrs and operates branches california north sears savings billion assets and branches predominantly southern california application approved unanimously will not eliminate sears savings competitor fed reuter 
acq	icn icn buys stake eastman kodak icn pharmaceuticals inc purchased remaining shares viratek inc vira owned eastman kodak owned part previously announced program company paid kodak dlrs share mln dlrs previously announced icn authorized additional purchase mln shares viratek common date icn bought total mln shares viratek including shares purchased kodak company owns pct viratek result transactions reuter 
earn	rite aid corp rad qtr oper shr cts cts oper net mln mln revs mln mln note quarter net excludes gain mln dlrs dlrs share for discontinued operations reuter 
acq	maxtor corp mxtr buys private firm maxtor corp bought privately held storage dimensions inc for undisclosed sum company storage dimensions incorporates maxtor high capacity inch winchester and optical disk drives into family data storage subsystems for ibm pcs xts ats and compatibles storage dimensions creator speedstor software utility program that integrates high capacity disk drives into pcs maxtor purchase reflects desire compete high capacity segment market reuter 
earn	super rite foods inc srfi qtr shr cts cts net revs mln mln reuter 
acq	sec charges campeau allied stores disclosure violations recent takeover 
acq	group support cardis corp cds buyout group companies controlled brookehill partners inc told government authorities support buyout cardis corp maximize company stock filing securities and exchange commission group disclosed that holds pct stake cardis common stock and likely support acquisition company parts another party terming such move likely means for company shareholders maximize investment group characterized cardis stock holdings principally for investment intends contact parties interested acquisition cardis los angeles based auto parts distributor group added had contacts company understandings reached cardis common shares continue offer opportunity for price appreciation basis company asset and earnings momentum brookehill group told sec group holds cardis common shares consists york based brookehill partners and two subsidiaries brookehill equities inc brokerage and moore grossman and derose inc investment advisor walter grossmman edward moore and robert derose york each interests brookehill partners since april members brookehill group made net purchases cardis common shares approximately dlrs share group told sec continue purchase additional cardis stock reserved sell shares company reuter 
acq	caremark cmrk vote baxter bax merger caremark inc and baxter travenol laboratories inc jointly announced that caremark shareholders will vote july approve previously announced merger baxter companies caremark shareholders record june will entitled vote meeting held newport beach calif pdt baxter and carmark announced definitive agreement for baxter acquire carmark stock transaction valued mln dlrs reuter 
acq	sec campeau unit violated disclosure rules securities and exchange commission charged allied stores corp failing promptly disclose key steps taking last september thwart takeover attempt campeau corp administrative complaint sec allied and legal adviser failed promptly inform shareholders and agency that had begun talks youngstown ohio shopping center developer edward debartolo response campeau takeover offer campeau acquired allied for estimated billion dlrs jan battle debartolo sept day allied disclosed that board had urged rejection campeau sept tender offer for dlrs share allied began negotiating sale six shopping centers debartolo sec allied legal advisor and director george kern heads merger and acquisitions group york law firm sullivan and cromwell decided amending allied sec filing disclose talks even had resulted sales price mln dlrs for shopping centers securities law requires takeover target companies promptly disclose such things sale major assets day campeau increased tender offer pct allied stock pct and raised bid dlrs share dlrs sept allied and partnership headed debartolo began negotiating takeover deal aimed thwarting campeau sec kern decided disclosing talks amended sec filing agency charged allied disclosure debartolo takeover made oct even board approved merger oct and merger agreement executed oct complaint debartolo and campeau engaged bitter battle for control allied campeau winning october bought block mln shares allied stock pct total controversial move made minutes dropped hostile tender offer acquisition additional pct federal judge allowed completed gave campeau majority stake allied campeau bought rest dlrs share sec had planned file court joining allied charging that campeau had engaged illegal tender offer sec never filed since case dropped agreement campeau and debartolo administrative proceeding allied and kern sec asking for administrative order that comply reporting provisions securities laws future allied longer publicly traded since subsidiary campeau files annual and quarterly reports sec outstanding debt reuter 
earn	great country bank gcbk year net shr cts net dlrs dlrs year shr dlrs net mln dlrs mln dlrs assets mln dlrs mln dlrs deposits mln dlrs mln dlrs loans mln dlrs mln dlrs note company not give per share earnings converted mutual savings bank stock savings bank january reuter 
acq	allied signal ald completes unit sales allied signal inc completed sale businesses electronics and instrumentation sector for billion dlrs cash and debt assumed purchasers company last december sell units mid not identify buyers company proceeds will used reduce debt continue company share buyback program and increase strategic investments core businesses and corporate purposes units sold ampex corp amphenol prodcuts linotype group neptune international mpb corp revere corp and sigma instruments inc reuter 
acq	cycare cycr buys control data cad unit cycare systems inc information processing systems company purchased assets control data corp medtec unit for undisclosed terms medtec provider patient accounting and scheduling systems for large scale group medical practices reuter 
acq	becor bcw adjourn delayed holders meeting becor western inc business will transacted shareholders meeting scheduled for cdt tomorrow and meeting will permanently adjourned definitive agreement transaction results offers pending for company stock becor date for shareholders meeting will established reuter 
acq	universal communication ucs sell assets universal communication systems inc tentatively agreed sell substantially assets for mln dlrs cash and notes limited profit participation company terms sale approved board and prime motor inns inc pdq owner pct universal outstanding stock described purchaser subsidiary company communications field largest corporations company transaction involves payment mln dlrs cash interest bearing payment mln dlrs equal instalments years and two promissory notes guaranteed affiliate purchaser mln dlr pct note payable equal instalments years mln dlr pct note due dec includes participation profits acquiring company universdal profit element can terminated payments purchaser mln dlrs six mln dlrs mln dlrs mln dlrs reuter 
acq	union uel ends pact sell canbra cbf union enterprises agreement sell interest canbra foods macluan capital corp terminated union macluan failed make offer for union pct interest canbra june deadline union longer bound agreement and continuing seek buyer for interest reuter 
acq	ssmc ssm buy cutters exchange division ssmc inc executed letter understanding acquire parts catalog division cutters exchange inc for undisclosed amount ssmc spun singer smf year ago that parts catalog division wholesales parts and needles industrial sewing trade agreement key managers and employees parts catalog division nashville tenn will relocate ssmc facility murfreesboro ssmc reuter 
interest	end netherlands antilles tax treaty treasury department notified netherlands that terminating income tax treaty applies netherlands antilles and aruba termination effective january treasury two sentence announcement treasury decided end treaty negotiations united states and netherlands past years had failed reach accord treasury spokesman decision means sale parent companies eurobonds netherlands antilles subsidiaries will longer free pct withholding tax spokesman terminating tax treaty netherlands antilles bond issuers call bonds early maturities years and issued spokesman treasury not expect action adverse effect issuers bonds general decline interest rates means will refinance lower interest rates holders bonds will faced lower yields reuter 
acq	carolco pictures crc orbis agreement carolco pictures inc signed letter intent exchange mln shares for orbis communications inc stock days carolco shares used exchange valued dlrs share total mln dlrs and will adjusted based price carolco shares closing date orbis management will remain place for years reuter 
earn	canadian home shopping cws qtr loss shr loss cts net loss revs mln note full name canadian home shopping network period ended april company quarter operations reuter 
earn	concord fabrics inc cis qtr oper net period ended oper shr cts cts oper net sales mln mln mths oper shr dlrs dlrs oper net sales mln mln note period ended june note earnings exclude gain disposal discontinued operations dlrs cts share loss dlrs cts share quarter and gain dlrs cts share loss dlrs cts share for months earnings exclude losses discontinued operations dlrs six cts share quarter and dlrs cts share for months reuter 
earn	general public utilities gpu mths net period ended shr dlrs dlrs net revs billion billion note full name general public utilities corp reuter 
earn	comtrex systems corp comx year loss year ended march shr loss cts profit cts net loss profit sales avg shrs reuter 
acq	seton sel directors approve merger agreement seton board directors unanimously approved agreement and plan merger providing for merger seton unit acquisition corp jersey company seton board directors unanimously approved merger meeting held today seton agreement and plan merger that shares seton common stock not held acquisition corp units will converted merger into receive dlrs per share cash reuter 
acq	giorgio dig evaluate gabelli offer giorgio corp plans respond unsolicited recapitalization plan proposed gabelli and inc company board and investment bankers evaluate proposal earlier gabelli filing securities and exchange commission that holds pct stake digiorgio and that together gamco investors inc seek control company addition june gabelli group proposed acquire giorgio common shares for combination dlrs per share cash subordinated note face dlrs and common share post buyout company june buyout proposal remains open july reuter 
earn	data architects inc dai qtr net shr cts cts net revs six mths shr cts cts net revs mln mln reuter 
acq	british petroleum completes standard oil merger british petroleum company plc completed merger standard oil srd raising holding pct pct statement acquisition made wholly owned subsidiary america inc pct stake standard raising stake pct and pct chairman sir peter walters will chairman america robert horton vice chairman and chief executive officer frank mosier president details released july reuter 
earn	thor energy resources thr year jan loss shr loss cts loss cts net loss loss revs note full name thor energy resources inc reuter 
earn	hei corp heic qtr march loss oper shr loss cts profit cts oper net loss profit revs mln mln year oper shr loss cts profit cts oper net loss profit revs mln mln note revenues exclude medical publishing and retail operations company decided dispose fourth quarter had fiscal year revenues mln dlrs mln dlrs operating results exclude discontinued operations had year loss dlrs profit dlrs reuter 
acq	rte rte buys emhart emh assets rte corp completed purchase aluminum electrolytic capacitor business and related assets emhart corp for undisclosed terms reuter 
acq	rochester rtc acquires canton telephone rochester telephone corp completed acquisition canton telephone and operating company terms acquisition not disclosed canton telephone serves access lines northwestern pennsylvania and had operating revenues dlrs rochester telephone reuter 
acq	san francisco not region hurt restructuring corporate mergers and acquisitions and san francisco past years had modest effect metropolitan area economy leading business backed organization bay area council group business firms that study corporate restructuring county area found that san francisco had suffered ill effects corporate shake ups that surrounding communities had not seventeen fortune companies area left due corporate restructuring and another firms added list ten departing companies based san francisco period six located city achieved fortune status ted hall council director and local managing director mckinsey and conducted survey study grew concern that mergers and acquisitions had hurt economic climate northern california hall that jobs had lost region jobs created period time region experienced greater rise per capita income and lower unemployment rest united states and california council president george keller chairman and chief executive officer chevron corp told news conference that region had difficulties persuading companies locate fragmented local political system that amenities living san francisco envy chief executives metropolitan area great place run business added hell place business government study concluded that chevron mergered gulf oil benefit long run restructuring activity corporate headquarters lost period crown zellerbach memorex southern pacific castle cooke and rolm companies that grew period make fortune list included apple computer pacific telesis mckesson tandem computer leasing and amfac study management consulting firm that partly due corporate restructuring rate job growth san francisco slowed since addition that loss corporate leadership had adversely affected bay area civic and charitable activities reuter 
acq	wtc shareholders approve pittston pco buyout pittston wtc international shareholders approved acquisition company pittston terms transaction call for pittston exchange common shares for each outstanding wtc share pittston wtc engaged domestic international air freight ocean and surface freight forwarding and consolidation and distribution services reuter 
acq	home federal hfbf sets shareholder meeting home federal bank florida hfbf scheduled special shareholders meetng for july approve proposed bank charter and merge barnett bank inc barnett bank pinellas county home federal meeting approve definitive agreement signed calling for each share home federal common stock exchanged for dlrs market barnett common stock exchange based conversion home federal shares not shares barnett stocks dlrs share home federal total market transaction mln dlrs home federal notice meeting and related proxy materials filed previously securities and exchange commission and federal home loan bank board mailed june holders record june reuter 
crude	chevron sea find hold mln bbls analysts north sea oil find announced chevron corp chv chevron exploration north sea field recoverable crude oil reserves mln barrels industry analysts chevron sidetrack block continental shelf tested barrels per day bpd api crude oil tertiary alba sand inch surface choke estimated amount oil alba field mln barrels paul spedding stockbroker kleinwort grieveson and told reuters industry estimates put total reserves field billion barrels low gravity oil recovery rate expected pct analysts results encouraging potential difficulty operating and recovering oil field shown fact that had plugged and sidetrack drilled field shallow and widespread will require multi platform development recovery pushing costs christopher osborne stockbroker hoare govett analysts that low gravity oil found require additional costs recovery test showed that flows gravity oil field low flow quite and mln barrels recovered carol bell phillips and drew told reuters chevron officials declined comment analysts reserve estimates that research and drilling area this summer not disclose reserve figures analysts that field declared commercial and developed ready local market for heavy crude produced refineries upgraded refine heavy oils and price differentials heavy and light crudes lot narrower today osborne chevron operates block behalf companies include british petroleum development dsm hydrocarbons enterprise oil tns marathon int pet and phillips petroleum reuter 
acq	arden group ardna plans issuer tender arden group inc filed registration statement securities and exchange commission covering two issuer tender offers offer directed class common stock holders and another holders pct debentures due march planned offer for common stock holders calls for company exchange dlrs cash dlrs principal amount pct subordinated debentures due september share class common stock for each class share held arden group cash payment subject proration addition company plans offer exchange dlr principal amount pct debentures due september for each outstanding dlr principal amount pct debentures reuter 
acq	lomas lnk shareholders approve acquisition lomas and nettleton financial corp shareholders approved special meeting company acquisition equitable life leasing corp for mln dlrs equitable life leasing corp subsidiary equitable investment corp owned equitable life assurance lomas acquistion price will consist mln cash mln shares company common stock shares series preferred stock and mln dlrs principal amount pct senior notes due company added that acquisition will close june reuter 
acq	almi group acquires interest clearview baking almi group chairmen michael landes and albert schwartz and vice chairman michael spiegler acquired pct equity interest clearview baking corp for undisclosed terms dale mayo clearview president and chief executive officer will retain pct interest company almi group reuter 
crude	ecuador produce opec quota minister ecuador will produce crude oil excess bpd opec quota second half this year energy minister fernando santos alvite told news conference ecuador plans produce bpd august rising bpd january minister will producing quota pay crude and products lent venezuela nigeria and kuwait and compensate for crude unable produce past months earthquake damage pipeline sharply cut ecuadorean production march this year santos move had explained fellow opec members last week meeting vienna increase ecuador quota bpd approved understood position and remain spirit quota agreement immediately march quake ecuadorean production bpd bpd exported production venezuela nigeria and kuwait loaned ecuador total mln barrels crude and mln barrels products santos reuter 
earn	laidlaw transportation ldmf qtr shr cts cts net revs mln mln mths shr cts cts net revs mln mln avg shrs mln mln reuter 
earn	morrison inc morr qtr net oper shr cts cts qtly div cts cts oper net revs mln mln year oper shr dlrs dlrs oper net mln mln revs mln mln note operating net periods excludes loss mln dlrs cts share discontinued operations reuter 
acq	wal mart wmt completes acquisition wal mart stores inc completed acquisition super saver warehouse inc and super saver wholly owned unit wal mart reuter 
acq	kraft kra completes frostex acquisition kraft inc completed acquisition frostex foods inc for undisclosed terms kraft last month had signed letter intent acquire austin texas based foodservice distributor reuter 
earn	precision target marketing ptmi qtr net qtr ended april shr profit loss cts net profit loss revs year shr profit cts loss cts net profit loss revs note full name precision target marketing inc latest year and quarter includes extraordinary gains dlrs cts share and dlrs share reuter 
acq	rte corp rte buys emhart corp unit rte corp completed purchase emhart corp united states aluminum electrolytic capacitor business for undisclosed sum company capacitor business part emhart electrical and electronic group marketed mallory brand name company product lines acquired had sales mln dlrs last year reuter 
earn	oaks international inc qpon year net periods ended april shr cts cts net revs mln mln avg shrs reuter 
acq	united medical corp sells unit united medical corp will sell trotter treadmills inc unit company sale line strategy refocusing health care service business had received interest parties agreement reached trotter treadmills makes motorized treadmills for exercise enthusiast and fitness club market sales for this year projected mln dlrs reuter 
acq	cycare systems inc cycr buys medtec cycare systems inc bought control data corp cda medtec unit for undisclosed sum company medtec client base significant impact long term revenues expects minimal positive impact earnings six months assets purchased include processing agreements software maintenance contracts and supporting software reuter 
acq	bass led group pct bell and howell stake for investment 
acq	mcchip mcs acquire reserve holding mcchip resources inc agreed exchange interest oklahoma oil and gas properties operated reserve exploration rexc for restricted reserve common shares company will pct stake reserve outstanding shares result exchange reuter 
acq	bass group stake bell and howell bhw investor group led robert bass fort worth texas owns shares bell and howell common stock equal pct company common stock outstanding filing securities and exchange commission group purchased bell and howell common shares april and june dlrs dlrs share stock acquired for investment purposes group adding purchase sell additional shares future reuter 
ship	reasserts plans for deterrent role gulf united states responded apparent escalation iranian rhetoric continued assurances that expanded military force gulf play purely deterrent role can emphasize that role deterrent that assuring safety for american shipping and that that shipping not related war state department spokesman charles redman told reporters asked iranian claims that united states moving brink armed conflict iran tehran radio quoted defence spokesman ali akbar hashemi rafsanjani telling visiting nicaraguan delegation yesterday moment united states moving brink armed encounter not concerned this and that presence war will make nation even determined stand firm and will win united states disclosed last week beefing gulf fleet warships and sending refurbished battleship missouri patrol strategic strait hormuz entrance gulf buildup ties plans escort kuwaiti oil tankers registered fly american flag and gain naval protection iranian attacks asked iranian rhetoric white house spokesman marlin fitzwater won comment response iranian statements position made clear status events gulf want end war winners and losers and activities statements that tend prolong war increase hostilities not helpful redman not independently confirm reports that iran offered halt attacks gulf shipping reuter 
earn	hartmarx corp hmx qtr net shr cts cts net sales mln mln six mths shr cts cts net mln mln sales mln mln reuter 
acq	cxr cxrl torotel trtl settle suit cxr telcom corp and torotel inc agreed principle settle pending litigation sale torotel halcyon communications inc unit cxr march two companies joint statement agreement calls for cxr pay torotel dlrs exchange for return mln dlr note and mln cxr common shares valued mln dlrs companies june cxr filed suit san francisco federal court charging that mln dlr price paid for halycon excessive torotel that suit cxr asked for mln dlrs damages unspecified punitive award reuter 
acq	cablevision systems cvcc buys stations cablevision systems corp bought cable television systems six dutchess county communities dutchess county cablevision associates company acquisition systems will add presence york will add subsribers subscriber base reuter 
acq	austec ail complete purchase private firm austec international north american unit austec inc completed purchase privately held ryan mcfarland corp for undisclosed sum company two units combined expected net revenues mln dlrs ryan mcfarlnad develops cobol and fortran language compilers for micro mini and mainframe computer markets austec international based melbourne australia ryan mcfarland located rolling hills estates calif reuter 
acq	tecsyn international terminates takeover talks investor group 
acq	campeau not part sec proceeding campeau corp not involved securities and exchange commission administrative proceeding allied stores corp campeau acquired end last year statement company sec action involves events that occurred prior campeau acquisition allied relating alleged failure allied make disclosures campeau not subject procedings reuter 
acq	fortune systems fsys approves unit sale fortune systems corp shareholders approved sale computer hardware business sci technologies inc transaction expected close this week annual meeting fortune shareholders voted change fortune name tigera inc principal subsidiary tigeral corp reuter 
acq	tecsyn tsna terminates takeover talks tecsyn international inc terminated takeover discussions based investors group group unable establish access funds complete proposed transactions contrary previous assurances tecsyn previously and controlling shareholders accepted principle proposal group offer dlrs share for pct tecsyn outstanding shares investor group planned invest mln dlrs private placement mln voting tecsyn common shares company reuter 
acq	goodyear sell stake toyobo petcord goodyear selling pct interest toyobo petcord japan partner venture toyobo reuter 
earn	washington scientific wsci qtr net shr cts two cts net sales six mths shr cts cts net sales mln mln note full company name washington scientific industries inc second quarter ended june reuter 
acq	gencorp inc sell general tire continental gummi for mln dlrs 
crude	venezuela budget sees dlrs oil price venezuela government tomorrow presents budget proposal for billion bolivars based oil price dlrs per barrel finance minister manuel azpurua azpurua told reporters cabinet meeting budget projects ordinary income billion bolivars and extraordinary income billion oil revenues expected produce billion pct total finance minister oil revenue projection based average price dlrs per barrel venezuelan oil half averaged dlrs per barrel state oil company petroleos venezuela reuter 
acq	gencorp sell general tire gencorp inc and continental hanover west germany jointy announced signed agreement for continental buy gencorp general tire inc subsidiary for mln dlrs cash agreement companies continental will acquire general tire including related domestic and foreign operations and gencorp will retain liability for medical benefits retired general tire employees retired november sale expected completed november and subject meeting conditions continental europe second largest tire producer last year company had sales billion dlrs billion dlrs generated tire operations last year general tire had operating profits mln dlrs sales billion dlrs and gencorp had operating profits mln dlrs sales billion dlrs gencorp spokesman rip tilden company will retain mln dlrs liability for general tire employees agreement tilden gencorp will use proceeds sale reduce billion dlr debt april gencorp sucessfully thwarted takeover partnership formed afg industries inc afg and wagner and brown restructuring program that included purchase pct mln shares common dlrs share for total billion dlrs part restructuring gencorp planned sell tire business bottling operations rko general inc subsidiary and rko remaining broadcast properties focus company aerospace and automotive components businesses tilden gencorp expects realize mln dlrs tax proceeds end result sale pieces nonbroadcast assets company including general tire price paid for general tire not reevaluate that estimate tilden general tire employs people worldwide and tire manufacturing plants and canada statemnet william reynolds gencorp chairman sale general tire represents critical accomplishment plan restructure gencorp reynolds gencorp previously announced sale businesses proceeding satisfactorily pieces gencorp empire that remain sold rko bottling operations gencorp agreed sell rko khj station walt disney dis for mln dlrs that deal awaits approval federal communications commission gencorp received dlrs tax sale rko wor reuter 
earn	advanced institutional aims year loss shr loss cts profit cts net loss mln dlrs profit dlrs revs mln dlrs mln dlrs note year ended march company full name advanced institutional management software inc reuter 
acq	kellwood kwd buying companies kellwood signed definitive agreement acquire robert scott inc david brooks inc and andrew harvey dedham mass terms not disclosed combined sales companies mln dlrs deals expected completed july kellwood reuter 
acq	robins rorer group merger proposal merits consideration 
acq	digital communications dcai buys fox unit digital communications associates inc agreed fox technology inc foxt buy fox research inc unit for cash payment and assumption liabilities mln dlrs company part agreement includes payment additional mln dlrs based performance unit year closing company deal expected closed mid august fox research develops makes and markets local area networks for personal computers reuter 
acq	robins qrah rorer offer robins board concluded that merger proposal submitted rorer group inc ror merits consideration request board rorer agreed extend edt july deadline for response robins rorer announced second bid for company last thursday analysts forecast that robins family holds control company vigourously oppose merger analysts added that robins desire emerge independent two years bankruptcy proceedings thwarted robins shareholders perceive merger expedient dealing company dalkon shield related liabilities failed attempt earlier this year rorer latest merger plan calls for share swap worth mln dlrs rorer set two trusts cover estimated billion dlrs liabilities deal claims women suffered maladies use dalkon shield interuterine device reuter 
acq	citicorp cci savings extends california reach citicorp extended reach into california market citicorp savings acquisition sears roebuck sears savings bank branches bringing presences branches communities citicorp savings thrift industry analysts move approved federal reserve board today for citicorp and shows intent penetrate california market acquisition extends citicorp reach into southern california branches located citicorp savings predominantly northern california this marks major expansion california south citicorp savings president edward valencia statement thrift industry sources not major term impact southern california thrift market expect citicorp aggressive competitor sears that market will competitor sears james stutz executive vice president home federal savings and loan association hfd based san diego banking industry sources move viewed groundwork establish citicorp california market law change that will operate bank state citicorp likely convert branches banks that time term analysts billion dlrs assets citicorp savings not major force thrift market such large california thrifts home federal great western financial corp gwf ahmanson and ahm golden west financial gwd and great american savings bank gta reuter 
acq	contel ctc unit sales analysts contel corp telecommunications equipment unit likely candidate for sale atlanta based telecommunications company wall street analysts executone top list analyst referring contel loss riden telecommunications equipment unit question added company forecasting pct drop operating earnings last year late today that reviewing operations effort aimed maximizing long term stockholder analysts contel federal systems division hit executive defections put block contel officials declined comment possibility selling operations company statement that closely evaluating telecommunications and federal systems units reuter 
earn	royal gold and silver corp rgs six mths net shr profit two cts loss two cts net profit loss revs mln nil note period includes dlr extraordinary gain reuter 
acq	cdc life sciences lsi stake sold canada development corp cdc agreed sell pct interest cdc life sciences inc caisse depot placement quebec provincial pension fund manager and institut merieux french biological laboratory company for mln dlrs caisse and institut merieux will each buy mln common shares company for dlrs share transaction caisse will hold pct cdc life sciences canada development purchasers not plan acquire remaining publicly held shares reuter 
acq	cyclops cyl holders approve dixons merger dixons group plc shareholders special meeting cyclops corp approved previously announced merger cyclops dixons terms merger dixons remaining public cyclops shareholders receive dlrs share dixons previously announced sale cyclops steel and nonresidential construction businesses alleghany corp subsidiary expected completed june sale cyclops will retain specialty retailing business and change name silo inc dixons reuter 
acq	ste genevieve ups offer for sullivan sum ste genevieve resources increased cash takeover bid for sullivan mines inc shares dlrs share not give original bid offer for minimum mln common shares and maximum six mln shares company gave details reuter 
grain	soviet grain meeting this summer prospects slim for summer meeting and soviet officials two countries enter final year bilateral grains agreement agriculture department officials two sides meet each year agreeement approaches last meeting delayed last february delay this year not endanger year grains agreement that extends september usda officials will difficult pull together people for meeting july aide usda undersecretary daniel amstutz since last meeting months ago talks couple months grain industry speculation that usda will offer moscow another wheat subsidy marketing year usda officials even consultations held subsidy offer not made doubt that subsidy offer this summer agreement year begins usda source citing limited subsidy funds and uncertainties year crops variables uncharacteristic make offer nonbinding pact moscow agreed purchase minimum mln tonnes grain per year soviet and officials meet summer start agreement year discuss grain quality shipping logistics and production outlooks reuter 
acq	credit will buy kraft inc and financial corp 
earn	wall and redekop corp wrk mths net shr cts net revs mln mln note period ended april reuter 
acq	justice opposes quick greyhound trailways merger justice department asked government proceed cautiously plan allowing nation two largest intercity bus companies merge operations move firms derail deal justice opposition quick federal approval bid greyhound lines inc control trailways corp prompted greyhound threaten filed interstate commerce commission icc drop merger plan greyhound officials told reuters late today company hoped for icc action merger tomorrow greyhound lines will forward transaction permitted assume unconditional control trailways operations and integrate operations greyhound filing icc federal regulatory agency final mergers interstate bus companies justice had earlier filing icc that wanted agency move slowly plan and turn greyhound request begin operating trailways immediately department begun receive relevant information trailways financial condition and process assessing correctness company allegations acting assistant attorney general charles rule comments submitted icc greyhound announced june that wanted icc begin operating trailways immediately continuing evaluate merger for antitrust problems greyhound pay mln dlrs for trailways terminals buses and garages two companies papers filed icc that trailways collapse matter days trailways owed suppliers six mln dlrs another six mln dlrs due june suppliers force trailways into bankruptcy time trailways owes consortium banks mln dlrs and consortium threatened call loan trailways fails pay interest due june reuter 
acq	allied signal ald sells schlumberger slb allied signal inc and schlumberger jointly announced that schlumberger had acquired allied signal neptune international unit terms weren disclosed atlanta based neptune makes water meters and flow measurement equipment had sales last year mln dlrs reuter 
earn	lennar corp len qtr shr cts cts net revs mln mln six mths shr dlrs cts net mln revs mln mln reuter 
acq	digital dcai acquire fox foxt unit digital communications associates inc dcai entered into agreement acquire substantially assets fox technology inc fox research inc subsidiary company will assume mln dlrs fox liabilities provision for mln dlrs based future financial performance fox year period closing deal acquisition subject approval fox shareholders and expected close mid august reuter 
acq	general electric buy kraft kra unit general electric credit corp agreed buy capital stock kraft inc wholly owned subsidiary and financial corp terms acquisition not disclosed and assets billion dlrs leading companies involved leasing fleets cars credit jim ahtes spokesman for credit public relations firm manning selvage and lee inc emphasized that terms acquisition had not approved reuter 
acq	iep lifts ultramar and ogelbay norton stakes industrial equity pacific iep hong kong listed unit brierley investments brya lifted stakes british oil company ultramar plc umar and firm ogelbay norton iep told stock exchange holds mln ultramar shares representing pct issued capital holds shares ogelbay representing pct delaware based company details reuter 
money-fx	miyazawa supports louvre accord japanese finance minister kiichi miyazawa group nations support louvre accord stabilise currencies told news conference cabinet meeting that group and not plans meet for talks finance minister that overseas stock market plunges will not lead freefall tokyo stock market special worry stock market tokyo added miyazawa tokyo stock market not gravely affected downturns markets york and london clear sign economic recovery japan and stability exchange rates asked had contacted japan stock market plunge york miyazawa not contact reuter 
money-fx	miyazawa baker remarks aimed reaffirming louvre agreement 
money-fx	baker remarks aimed confirming accord miyazawa japan finance minister kiichi miyazawa that remarks treasury secretary james baker sunday that nations not abiding spirit louvre accord aimed reaffirming that agreement agreement cooperate stabilising currencies reached paris february this year finance minister made remark news conference morning cabinet meeting reuter 
crude	venezuela sees flat oil price despite attack world oil prices remain stable despite attack iranian oil platforms and growing tension gulf venezuelan energy minister arturo hernandez grisanti monday described situation extremely tense gulf military activity not significantly affect prices supply and demand roughly equal demand for opec crude final quarter mln barrels per day bpd and group members pumping mln bpd told news conference hernandez grisanti supply demand balance precarious and prices danger falling current average dlrs per barrel overproduction continued members nation organisation petroleum exporting countries overproducing exaggerated manner assigned quotas opec ceiling mln bpd reuter 
money-fx	dollar follows wall street japanese will divest dollar wall street japanese will finally move dollar investments japan investment managers japanese dominant foreign investors dollar securities sold equities dollar falls steeply not happen yesterday japanese investors will withdraw significant funds shares akira kawakami deputy manager nomura investment trust and management international investment department unstable lower dollar affect japanese investment bonds japan interest rate differentials wide mean nothing absence dollar stability kawakami bonds benefit due gloomy economic picture estimated huge losses stocks major institutional and individual investors effect rule interest rate rise japanese investors bonds wiating dollar stable dollar holding firm yen tuesday morning japanese investors sold huge amounts stocks york yesterday for chances lighten stock inventories hiromitsu sunada manager meiji mutual life insurance international investment department sales helped send wall street stocks points market biggest percentage drop since investment stocks and bonds difficult dangers katsuhiko okiyama deputy general manager and chief adviser yamaichi securities fixed income securities marketing group japanese investment home start pick once markets stopped reacting wall street managers tokyo yen bond market likely stabilise two weeks investors waiting for bottom for yen bonds pct yield for pct bond basic background supported stocks and bonds markets not changed norio okutsu assistant general manager nikko securities bond department outflows funds will decreasing this evident months ago reuter 
crude	malaysia advised raise crude oil output malaysia national oil company petronas advised government raise crude oil output barrels day bpd current bpd senior company official capacity produce amount rastam hadi petronas vice president for upstream sector government will announce decision friday unveils country budget malaysia raised output this month current levels bpd reviewing world oil market malaysia cut output bpd response call opec boost prices reuter 
money-fx	sumita welcomes west german joint confirmation louvre accord 
money-fx	sumita welcomes japan agreement louvre bank japan governor satoshi sumita welcomed monday and west german joint confirmation commitment louvre accord sumita statement that world stockmarkets excessively concerned economic future bank japan will continue adhere system policy coordination based louvre accord february accord called for stability foreign exchange rates exchange rates generally regaining stability and economies industrialised nations heading for steady recovery reuter 
money-fx	zealand will continue firm monetary policy reserve bank zealand evidence suggest fall share prices had affected financial stability and maintain firm monetary policy governor spencer russell statement central bank not accept arguments that battle inflation low second priority sharemarket plunge russell bank had two statutory responsibilities implement government monetary policy bring inflation and ensure financial sector stability bank directed firm monetary policy will continue national interest that and evidence bank suggest that fall share prices affected stability financial sector barclays share index fell record points tuesday decline pct reuter 
interest	aquino manila watching interest rates closely president corazon aquino philippines closely monitoring interest rates wake monday record drop wall street and steep declines manila and asian stock markets will monitor developments closely and will continue hope that not precipitate large declines economic activity world aquino told meeting major philippine business groups philippines trading country world economy depends continued health and growth world economy and world trading system manila stock exchange composite index plunged points pct midday close depressed record point fall dow jones industrial average monday philippines addition large borrower nation affected developments interest rate levels world and will carefully monitor impact developments interest rates gold and commodity prices aquino statements world leaders that urge calm present difficult situation added reuter 
interest	poehl german and international interest rate rises for concern 
ship	iranian tanker reports sighting mine gulf iranian shuttle tanker reported spotting floating mine central gulf tuesday miles west lavan island regional shipping sources khark iii owned national iranian tanker gave position mine degrees minutes north east indication measures mine iranian territorial waters reuter 
acq	faber open for offers morgan grenfell stake willis faber plc wifl chairman and chief executive david palmer company bid for pct shareholding morgan grenfell group plc mgfl had not received offers will entertain approaches told reuters reply questions press speculation earlier statement faber that offer received for stake merchant banking group considered merits reuter 
acq	corby distilleries expand canada corby distilleries pct owned allied lyons plc alld subsidiary hiram walker goodman worts buy spirits business mcguinness distillers toronto for mln canadian dlrs mcguinness producer and marketer spirits and exclusive agencies for imported wines and spirits sale subject approval bureau competition policy michael jackaman president and chief executive officer hiram walker and allied vintners acquisition excellent commercially and financially reuter 
interest	poehl rate rises for concern rises west german and international interest rates for concern and bundesbank interest higher capital market rates bundesbank president karl otto poehl interest rate increase that occurred and internationally problem and for concern poehl told investment conference stress that bundesbank interest higher capital market rates shortly poehl spoke bundesbank announced tender for securities repurchase pact fixed rate pct previous tenders last month interest rate allocation rate facilities rise pct last week pact last fixed rate tender late september bundesbank reduction key allocation rate pct heralded monday repeated injections money market liquidity and pct moves cap interest rates meeting poehl finance minister gerhard stoltenberg and treasury secretary james baker monday frankfurt officials men had reaffirmed commitment louvre accord currency stability weekend criticism baker tightening west german monetary policy had prompted sharp fall dollar speculation that louvre cooperation had ended dollar rallied news monday meeting nervous trading trade marks tuesday poehl that recent rise interest rates not due central bank policy markets expectations and currency developments commenting inflationary expectations poehl you root problem you pursue policy reveals that grounds for such fears inflationary fears unjustified and exaggerated poehl rebuffed recent criticism west germany bundesbank had made substantial contribution international cooperation interest and monetary policy bundesbank tolerated overshooting money supply target arousing criticism quarters today lower interest rates end quite contrary countries interest rates risen substantially poehl this had into account recent rises repurchase pact allocation rates due rising international money market rates that had spilled into german market poehl expressed surprise that financial markets had improvements deficits adjustment process trade balance underway noting that this not noticeable absolute figures spectacular improvement budget deficit had attracted attention reuter 
acq	lawson share offer ahead chancellor exchequer nigel lawson government ahead this month flotation british petroleum plc shares despite collapse international stock markets ahead issue underwritten had underwritten risk this sort thing happening lawson bbc radio interview lawson remarks renewed selling london stock market shares below price set for billion stg issue lawson economy fundamentally sound and added that stock markets had reflected that recently profoundly market system for securing economic prosperity that not mean markets infallible advice small investors remain calm absolutely reason not lawson reuter 
interest	tokyo stock plunge force easier money policy plunging tokyo stock prices will prevent bank japan raising discount rate and even force ease monetary policy collapse continues government and private economists rise interest rates serve spark selling shares that ultimately major deflationary impact real economy bank japan officials consistently maintained that had plans raise pct discount rate markets thought fears rise discount rate fanned central bank apparent decision last week countenance higher rates commercial bills dealers today stock market collapse prices fell pct means that bank japan hard pressed raise discount rate despite concerns renewed outbreak inflation dealers and economists japanese government bond prices rose sharply today markets concluded that stock market collapse precluded central bank carrying widely rumoured discount rate increase senior government economist suggested that and japan needed ease monetary policy prevent drop york and tokyo stock prices support stock and security markets bank japan officials change policy for moment admitted that central bank rethink strategy tokyo stock prices continue plunge rest week government and bank japan economists agreed economy cope deflationary impact plunging stock prices months ago economy recovering strongly steep drop stock prices not likely put major dent consumer and business confidence government economist will impact real economy won that big another individuals not heavily invested stocks participate trust funds and investment vehicles and manufacturing firms turned financial market investments for profits last year economic downturn recent rebound allowed refocus attention core businesses paradoxically pick economy that partly blame for stock market collapse companies shifted funds financial investments increase inventories and step capital spending government economist deciding response make steep stock price drop bank japan determine whether prices will continue fall and decide pose greater economic danger threat higher inflation central bank official that will couple days not weeks reuter 
money-fx	stoltenberg meeting baker underscored monetary cooperation 
money-fx	stoltenberg baker meeting underscores accord west german finance minister gerhard stoltenberg meeting monday treasury secretary james baker underscored determination and west germany continue close cooperation stabilise foreign exchange rates stoltenberg told news conference statement released yesterday monday private meeting emphasized determination continue close economic cooperation foreign exchange stabilization and monetary policy stoltenberg that baker and bundesbank president karl otto poehl had constructive discussion and had reached positive evaluation louvre accord meeting monday stoltenberg initial contacts european counterparts showed that shared this view expect declaration unified position positive effect noted that dollar firmed late trading outcome baker meeting published reuter 
money-fx	louvre accord vital germany stoltenberg west german finance minister gerhard stoltenberg louvre accord vital west germany stoltenberg told news conference west germany unusually high dependence world trade and exports vital for west germany continue constructive contribution trusting international cooperation basis louvre accord monetary analysts speculated that inflation conscious bundesbank vice president helmut schlesinger leading central bank tighter monetary policy stoltenberg due attend routine bundesbank meeting thursday west berlin declined forecast policy decisions bundesbank reuter 
money-fx	stoltenberg not rule central bank intervention stabilize currencies 
money-fx	marked dollar fall burden trade deficit stoltenberg 
money-fx	stoltenberg declines comment changed targets for currencies 
money-fx	stoltenberg declines comment currency zones west german finance minister gerhard stoltenberg declined comment whether unpublished target zones for currencies agreed last february louvre accord had changed result meeting monday treasury secretary james baker asked target zones news conference bonn stoltenberg referred statement released monday meeting continuing cooperation aimed promoting currency stability current levels this formula used text louvre accord noted reuter 
money-fx	stoltenberg not rule intervention west german finance minister gerhard stoltenberg not rule possibility central bank intervention support currencies asked news conference whether central banks prepared intervene defend currencies cannot rule use instrument leads foreign currency stability added that end market forces prevailed reuter 
crude	iran raid caused mln dlrs damage attacks two iranian oil platforms gulf blazing caused damage estimated mln dlrs tehran radio quoted iranian oil minister gholamreza aqazadeh rigs heavily shelled american destroyers monday burning almost hours attack and widespread pollution gulf minister told news conference tehran reshadat rigs miles east bahrain international waters final stages reconstruction attack iraqi jets last year reuter 
crude	indonesia will extend oil contracts indonesia told oil industry tuesday will extend contracts producing blocks and improve investment climate increased expenditure exploration return president suharto opening speech indonesian petroleum association indonesia ready extend contracts held foreign oil companies producing areas order boost investment petroleum industry government indonesia basically approved extending production sharing contracts present laws suharto apart that government will improving investment climate order accelerate development petroleum industry indonesian energy minister subroto told association aware that oil industry needed assured that contracts blocks expiring years renewed invest exploration heard this morning president fully aware this situation subroto government made political decision entertain this time problem inviting existing producers continue activities indonesia albeit selective basis indonesia members opec find oil reserves remain exporter decade oil industry sources subroto government working ease problems including granting easier terms for remote areas deep water conditions subroto relations oil companies two and that step expenditure oil exploration that oil price had recovered president suharto wanted greater transfer technology indonesian companies and oil industry for regions companies operated abdul rachman ramly president state oil company pertamina that budgeted exploration and production expenditure for oil companies indonesia forecast fall billion dlrs calendar billion pertamina production sharing joint operation contracts foreign oil companies subroto speeding approvals for field operations government priority had misunderstandings government and oil industry areas such field designated commercial and thorough evaluation made government wanted finalise contract extensions practical and urged industry meantime maintain exploration drive subroto indonesia needed companies maintain exploration efforts even contract due expire years this sort guarantee that will come extension agreement eleven major contract areas due come for renewal and industry sources extension contracts blocks involved detailed negotiations extension granted subroto told reporters that contract extensions selective based capital invested reuter 
earn	musicland group inc tmg qtr net shr cts cts net revs mln mln avg shrs mln mths shr cts cts net revs mln mln avg shrs mln note company pct owned primerica corp reuter 
earn	applied biosystems inc abio qtr sept shr cts cts net sales mln mln reuter 
acq	plum holding inc starts hoilly sugar hly bid plum holding inc started previously announced offer purchase common shares holly sugar corp dlrs each newspaper advertisement firm offer proration period and withdrawal rights expire november extended offer approved holly board and merger remaining shares exchanged for cumulative redeemable exchangeable preferred stock conditioned receipt shares give plum two thirds interest and receipt financing reuter 
earn	nalco chemical corp nlc qtr net shr cts cts net mln mln sales mln mln mths shr dlrs dlrs net mln mln sales mln mln reuter 
earn	stepan scl qtr net shr cts cts net sales mln mln mths shr dlrs dlrs net sales mln mln reuter 
earn	convergent inc cvgt qtr net shr profit cts loss cts net profit loss mln revs mln mln avg shrs mln mln mths shr loss cts loss cts net loss loss mln revs mln mln avg shrs mln mln note net includes tax credits dlrs quarter and dlrs mths mths results restated for pooled acquisition bidtek inc reuter 
earn	tribune trb qtr net shr cts dlrs net revs mln mln avg shrs mths shr dlrs dlrs net revs billion billion avg shrs note per share earnings include daily news severance charges cts share quarter and cts share for months net income includes recurring gains dlrs share quarter and dlrs share months and cts share daily news severance charges reuter 
earn	great western financial corp gwf qtr net shr cts cts net mln mln mths shr dlrs dlrs net mln mln reuter 
earn	printronix inc ptnx qtr sept net shr profit cts loss cts net profit loss sales mln mln avg shrs half shr loss cts profit cts net loss profit sales mln mln avg shrs note half net includes pretax gain dlrs sale option buy facility backlog mln dlrs mln dlrs end previous quarter and mln dlrs end prior year second quarter reuter 
acq	gaf gaf purchase pct stock gaf corp board authorized repurchase time time mln common shares pct for cash open market purchases private transactions company repurchased shares april authorization buy back mln shares and authorization for repurchases program withdrawn yesterday gaf group led chairman samuel heyman decided reconsider offer acquire gaf gaf revised offer group reuter 
earn	dow chemical dow qtr net shr dlrs cts net sales billion billion avg shrs mths shr dlrs dlrs net sales billion billion avg shrs note earnings include loss mln dlrs share quarter early extinguishment debt earnings include losses months mln dlrs two cts share mln dlrs cts share early extinguishment debt reuter 
earn	thrifty rent car system inc tfty qtr june end shr cts cts net revs mln year shr cts cts net revs mln mln reuter 
acq	computer memories cmin delay merger computer memories inc board decided additional time evaluate impact litigation proposed acquisition hemdale film corp computer memories plans adjourn annual shareholders meeting scheduled for october convened purpose meeting transaction company explained computer memories hemdale agrees this action reuter 
interest	chemical bank cuts prime rate pct pct effective immediately 
earn	shearson lehman brothers holdings qtr shr cts net mln dlrs mln dlrs revs billion billion mths shr dlrs net mln mln revs billion billion note full name shearson lehman brothers holdings inc company public reuter 
interest	marine midland bank cuts prime rate pct pct effective immediately 
interest	chemical chl marine midland cut prime chemical bank and marine midland banks inc cutting prime lending rate pct pct reversing increase that announced last week reduction effective immediately major bank had lead chemical and marine midland preferring prime rates pct waited money market rates monday record fall wall street stock prices money market rates fell sharply tuesday investors ploughed proceeds into short term instruments and federal reserve prepared provide liquidity support economy and financial system eurodollar deposit rates london fell percentage point treasury bill rates fell half point falling and basis points monday and fed funds rate dropped pct monday average pct speculation even surfaced discount rate cut calm markets dealers reuter 
earn	sears roebuck and qtr net shr dlrs cts net revs billion billion avg shrs mln mln mths shr dlrs dlrs net billion mln revs billion billion avg shrs mln mln reuter 
earn	prime computer inc prm qtr sept shr cts cts net mln mln revs mln mln mths shr cts cts net mln mln revs mln mln reuter 
earn	ryder system inc rdr qtr net shr cts cts net mln mln revs billion mln avg shrs mln mln mths shr dlrs dlrs net mln mln revs billion billion note share preferred dividends reuter 
earn	schlumberger slb qtr net shr nil loss cts net loss mln revs billion billion avg shrs mln mln mths shr profit cts profit cts net profit mln mln revs billoin billion avg shrs mln mln note qtr includes mln dlrs for continuing operations includes mln dlrs tax gain sale company investment compagnie luxembourgeoise telediffusion qtr and mths net includes loss mln dlrs cts share for discontinued operations and mln dlrs cts share for extraordinary gain qtr and mths net includes loss mln dlrs cts share continuing operations for employee layoff costs oilfied services sale small electronic business and unfavorable lease comitments mths net includes loss mln dlrs discontinued operations due completion previously announced sale fairchild semiconductor business extraordinary item mln dlrs relates award iran claims tribunal iran seizure sedco inc drilling business prior acquisition schlumberger qtr and mths net includes discontinued operations loss mln dlrs fairchild semiconductor offset mln dlrs gain favorable settlement litigation data general reuter 
earn	wells fargo and wfc qtr net shr profit dlrs profit dlrs net mln mln mths shr loss dlrs profit dlrs net loss mln profit mln assets billion billion loans billion billion deposits billion billion reuter 
earn	baxter travenol labs bax qtr shr net shr cts cts net mln mln sales billion billion avg shrs mln mln mths shr cts cts net mln mln sales billion billion avg shrs mln mln note results include caremark inc august caremark acquisition reduced months net cts offset gain sale securities quarter net excludes gains discontinued operations mln dlrs cts gain sale discontinued operations mln dlrs dlrs and charge early repayment debt mln dlrs cts months net excludes gains discontinued operations mln dlrs cts gain sale discontinued operations mln dlrs dlrs and charge early repayment debt mln dlrs cts reuter 
earn	lamson and sessions lms qtr net oper shr profit cts loss cts oper net profit loss revs mln mln mths oper shr profit cts loss cts oper net profit loss revs mln mln note net excludes losses discontinued operations dlrs quarter and dlrs mths mths net excludes gain dlrs cumulative effect pension accounting change net excludes tax credits dlrs quarter and dlrs mths reuter 
earn	kraft inc kra qtr sept net shr cts cts net sales billion billion mths shr dlrs dlrs net sales billion billion avg shrs note earnings include loss discontinuedoperations mln dlrs cts share quarter and gain mln dlrs cts share months reuter 
earn	ust inc ust qtr net shr cts cts net mln mln revs mln mln mths shr dlrs dlrs net mln mln revs mln mln avg shrs mln mln reuter 
earn	smithkline beckman corp skb qtr net shr dlrs cts net mln mln revs billion mln avg shrs mln mln mths shr dlrs dlrs net mln mln revs billion billion note qtr and mths net includes charge mln dlrs cts share and mln dlrs cts share for interest expense for share repurchases mths net includes charge mln dlrs cts share for early retirement program and withdrawal contac cold remedy market due tampering reuter 
earn	union camp corp ucc qtr sept shr cts cts net mln mln sales mln mln months shr dlrs dlrs net mln mln sales billion billion reuter 
earn	newell nwl qtr net shr cts cts net sales mln mln mths shr dlrs dlrs net sales mln mln note net income excludes preferred dividends mln dlrs quarter and mln dlrs months compared dlrs and dlrs reuter 
acq	circle express terminates planned acquisition overland express 
earn	valley corp fivc qtr net shr cts cts net mths shr dlrs dlrs net mln mln reuter 
earn	avon products inc qtr net shr cts cts net mln mln sales mln mln avg shrs mln mln mths shr dlrs dlrs net mln mln sales billion billion avg shrs mln mln reuter 
earn	springs industries inc smi qtr oct shr cts cts net mln sales mln mln mths shr dlrs cts net mln mln sales billion billion note share adjusted for two for stock split april reuter 
acq	circle express cexx ends overland buy circle express inc negotiations proposed acquisitions overland express inc and privately held continental training services inc terminated mutual agreement company recent declines stock prices made that transactions qualify tax free reorganizations reuter 
earn	marsh and mclennan cos inc mmc qtr net shr dlrs cts net mln mln revs mln mln avg shrs mln mln mths shr dlrs dlrs net mln mln revs billion billion avg shrs mln mln reuter 
earn	central illinois public cip qtr net springfield ill oct shr cts cts net revs mln mln mths shr dlrs dlrs net revs mln mln note central illinois public service full name company reuter 
earn	sundstrand corp sns qtr net shr cts dlrs net sales mln mln mths shr dlrs dlrs net sales mln billion reuter 
acq	crazy eddie crzy amends shareholder rights crazy eddie inc board directors amended company shareholder rights plan moves designed preserve stockholder protection and provide flexibility plan yesterday crazy eddie agreed not oppose slate candidates board proposed committee restore stockholder shareholder group led oppenheimer palmieri fund and entertainment marketing inc that seeking oust current management crazy eddie amendments limit future amendments plan modify definition continuing directors and permit amendment termination plan consent company shareholders continuing directors office approval such directors cannot obtained company approved certificate designation respect mln shares authorized previously undesignated and unissued shares preferred stock and adopted employee stock ownership plan crazy eddie that requested that shareholder group make commitment not company private crazy eddie had chance recover current financial difficulties committment that group rejected crazy eddie will hold annual shareholders meeting november reuter 
earn	huntington bancshares inc hban qtr net shr cts cts shr diluted cts cts net mln mln avg shrs mln mln mths shr dlrs dlrs shr diluted dlrs dlrs net mln mln avg shrs mln mln note share adjusted for july pct stock dividend results restated for pooled acquisitions net includes loan loss provisions dlrs dlrs quarter and mln dlrs mln dlrs nin mths reuter 
earn	weirton steel corp qtr net mln mln revs mln mln mths net mln mln revs mln mln note company not report per share earnings privately owned concern net amounts reported taxes profit sharing and contribution employee stock ownership trust reuter 
earn	domtar inc dtc qtr net shr cts cts net mln mln revs not mths shr dlrs dlrs net mln mln revs not reuter 
earn	general signal corp gsx qtr net shr cts cts net mln mln revs mln mln mths shr dlrs dlrs net mln mln revs billion billion reuter 
earn	mellon bank corp mel qtr net shr profit cts profit dlrs net profit mln profit mln avg shrs mln mln mths shr loss dlrs profit dlrs net loss mln profit mln avg shrs mln mln assets billion billion deposits billion billion loans billion billion note net includes loan loss provisions mln dlrs mln dlrs quarter and mln dlrs mln dlrs mths net includes pretax gains sale securities mln dlrs mln dlrs quarter and mln dlrs mln dlrs mths reuter 
earn	musicland group inc tmg qtr net sept shr cts cts net sales mln mln avg shrs mln mln mths shr cts cts net sales mln mln avg shrs mln mln note effective september primerica corp owned pct musicland common shares reuter 
earn	melville corp mes qtr net shr cts cts net mln mln revs billion billion mths shr dlrs dlrs net mln mln revs billion billion reuter 
earn	bolt beranek and newman inc bbn qtr net ended sept shr cts cts net sales mln mln note share adjusted for july two for stock split reuter 
earn	dominion resources inc qtr net shr dlrs dlrs net mln mln revs mln mln avg shrs mln mln mths shr dlrs dlrs net mln mln revs billion billion avg shrs mln mln reuter 
earn	inter regional financial ifg qtr oper net oper shr cts cts oper net revs mln mln mths oper shr cts cts oper net revs mln mln note earnings exclude gain utilization tax loss carryforwards dlrs cts share loss dlrs cts share quarter and gains dlrs cts share dlrs cts share months earnings exclude losses discontinued operations dlrs dlrs share quarter and dlrs cts share months reuter 
earn	gte corp gte qtr net shr cts cts net mln mln revs billion billion mths shr dlrs dlrs net mln mln revs billion billion note share results restated for for stock split january net periods includes business repositioning gains mln dlrs cts share and gains early retirement programs mln dlrs cts share months net includes pre tax charge mln dlrs for gte share special write sprint reduced tax net mln dlrs cts share net periods includes business repositioning gains mln dlrs cts per share reuter 
earn	west usw qtr net shr dlrs dlrs net mln mln dlrs revs billion billion mths shr dlrs dlrs net mln mln revs billion billion reuter 
earn	kelsey hayes canada kel mths net shr cts dlrs net sales mln mln reuter 
earn	rockefeller center properties inc rcp qtr shr cts cts net mln mln revs mln mln mths shr cts cts net mln mln revs mln mln reuter 
earn	aritech corp arit qtr oct two shr cts cts net revs mln mln mths shr cts cts net revs mln mln note qtr and mths revs includes sales adt inc mln dlrs and mln dlrs qtr and mths includes sales mln dlrs and mln dlrs reuter 
earn	southold savings bank sdsb qtr net shr cts net mths net assets mln mln loans mln mln deposits mln mln note per share figures for and mths not bank converted stock form company april reuter 
earn	constellation bancorp cstl qtr net shr cts cts net mths shr dlrs dlrs net mln mln reuter 
money-fx	louvre reaffirmation not analysts and west german reaffirmation support for louvre accord cannot cure fundamental problems bedevilling world economy lie current collapse stock markets london economists acknowledgement that dollar allowed slip richard jeffrey hoare govett not continued fear that pressure emerges dollar fed will forced tighten this throws economic abyss recession obvious knock effects rest world economists added that wall street crash dragged major markets curb problems that sparked turmoil world inflation fears and massive and persistent trade deficits benefit pct fall wall street sort resistance inflation worldwide geoffrey dennis brokers james capel echoing comments london and tokyo analysts lower personal wealth lower stock prices and fears falls dampen credit growth curbing inflationary pressures and import demand such considerations helping bond markets resist equity crash mike osborne kleinwort grieveson suicidal for government context happened last couple days jack interest rates added stocks surged news chemical bank cut prime lending rate half point pct tuesday and fed chairman alan greenspan pledged support for financial system news eroded fears that stock collapse spill into economy banking crisis for example precipitating recession helped dollar rally sharply high marks european low economists today whiplash moves not long term significance and that markets underlying fundamentals mind united states live borrowed time effect this crash produce slower economic growth not recession contains good news and realistic assessment economy capel dennis added that markets danger liquidity doesn disappear disappearing equity markets dennis noted david morrison goldman sachs international world market turbulence will exacerbated group leading western nations confirms base for dollar implied west german finance minister gerhard stoltenberg remarks that intervention support currencies last week dollar fall partly triggered expectations that germans worried money supply impact such intervention maintaining currency stability rigid adherence dollar ranges bad morrison louvre accord fundamentally misconceived stabilise dollar high level wrong reuter 
ship	container cranes arrive tanzania port two large container cranes donated danish international development agency danida arrived dar salaam will increase port cargo handling capacity port officials two container cranes join danish container crane installed port important trade outlet for tanzania zambia malawi and eastern zaire cranes finland due arrive increasing container terminal handling capacity units per year present officials reuter 
interest	credit policy steady despite bank data unexpectedly heavy billion stg surge september sterling bank lending nudge bank england tightening monetary policy long sterling remains present robust state economists acute crisis confidence equity markets past two days will case subdue personal consumer credit demand largely growth lending normal events markets extremely worried that figure noted peter spencer economist credit suisse boston initial dip reaction bank lending data compared won stg august rise government bonds gilts soared investors continued flee plummetting equities into relative security government securities equity markets dropped sharply news touching day low ftse index data staging recovery sterling held buoyant tone money market rates similarly calm response resumed slightly easier trend earlier morning token blip figures noting that such huge rise credit extended banks circumstances prompted market fears rise clearing bank base rates current pct financial markets that last thing bank england want spencer monetary situation bad long sterling firm authorities put rates kevin boakes chief economist greenwell montagu gilt edged boakes pointed rise narrow money measure pct year year august pct growth concern treasury fact that broad money growth slowed encouraging sign noted paul temperton economist merrill lynch capital markets pointed fall year year growth rate broad money aggregate pct september august pct concern credit growth prompted bank england engineer point rise bank base rates pct early august caution endorsed subsequently news massive billion stg july rise bank lending temperton noted that focus bank worry that period had behaviour asset markets housing and equities key two asset markets influencing consumer behaviour light precipitous falls equity markets past days will almost straightforward impact consumer spending and retail sales temperton almost can forward slower growth consumer borrowing equity shakeout continues added stock market decided that bank lending figure thing past talking panic and flight quality spencer treasury official that important monetary information not bank lending adding that monetary aggregates growing slowly bank lending senior banking sources noted that surge bank lending evidence continuing recent trend fairly heavy personal sector borrowing figures banking information service showed personal sector lending clearing banks rose billion stg september mln stg august rise rise reflected quarterly interest payments reuter 
interest	bank france leaves intervention rate unchanged pct 
earn	louisiana pacific corp lpx qtr net shr dlrs cts net mln mln sales mln mln mths shr dlrs dlrs net mln mln sales billion billion reuter 
earn	olin corp oln qtr net shr cts cts net mln revs mln mln mths shr dlrs dlrs net mln mln revs billion billion reuter 
crude	norway boosts oil output pct september norway september oil output rose pct mln barrels per day bpd bpd august reuter survey firms operating operators sharp rise reflected higher output norway biggest fields and resumed production fields shut for days august for ekofisk field rescue project industry analysts increase not exceed norway voluntary move curb pct planned growth oil output move designed back opec led efforts stabilise oil prices limiting supplies world crude markets norway not opec member decided june extend production restraints enforced since february north sea fields for rest year oil minister arne oeien last month expected norway extend into policy slowed production growth biggest increase ekofisk field pumped bpd september bpd august field operator phillips petroleum norway inc ekofisk and nearby valhall and ula fields use ekofisk pipeline shut for august phillips raised ekofisk platforms counter seabed subsidence petroleum development norway operator ula field september output rose bpd dropping bpd august shutdown valhall operated amoco norway flowed bpd last month compared bpd august company september production sharply higher statfjord field norway pct share statfjord extends into british north sea sector bpd bpd august operator den norske stats oljeselskap statoil norway pct share murchison field statfjord extends into british sector yielded bpd september slight bpd decrease previous month norwegian partners british operated field statoil boosted output gullfaks field bpd september compared august norsk hydro operator oseberg field test output field mobile production ship petro jarl totalled bpd last month sharply bpd august hydro drop caused failure bring stream second cutting september production two days reuter 
earn	bristol myers bmy qtr net shr cts cts net mln mln sales billion billion mths shr dlrs dlrs net mln mln sales billion billion note share adjusted for two for stock split reuter 
earn	xyvision inc xyvi qtr september shr cts cts net revs six mths shr cts cts net revs mln mln note qtr and six mths net includes dlrs and dlrs for tax credits qtr and six mths net includes dlrs and dlrs for tax credits reuter 
interest	republic bank dallas cuts prime rate pct pct effective today 
earn	perkins family restaurants pfr qtr shr cts cts net revs mln mln mths shr cts cts net revs mln mln reuter 
earn	american bank for savings famb qtr shr cts cts net mths shr dlrs not net mln note company public july net includes loan loss provisions dlrs dlrs quarter and dlrs dlrs mths net includes pretax gains sale assets dlrs dlrs quarter and dlrs dlrs mths reuter 
earn	arkansas corp abz qtr net shr diluted cts cts net revs mln mln mths shr diluted cts dlrs net mln revs mln mln reuter 
earn	fireman fund corp ffc qtr net shr dlrs cts net mln mln revs mln mln mths shr dlrs dlrs net mln mln revs billion billion note realized investment gains net taxes for qtr and mths mln dlrs and mln dlrs realized investment gains for qtr and mths mln dlrs and mln dlrs company repurchased mln shares stock qtr reuter 
earn	hutton group inc efh qtr net shr cts cts net revs mln mln mths shr dlrs dlrs net mln mln revs billion billion note net for includes mln discontinued opers mln tax gain sale hutton insurance group and mln extraordinary gains utiliazation loss carryforward net included mln discontinued opers and extraordinary credit mln utilization loss carryforwards reuter 
acq	bastian technologies pct cosmo communications seek control 
acq	service corp srv dumps capital southwest stake service corp international investment capital corp unit sold entire pct stake capital southwest corp cswc common stock and longer holds capital southwest shares filing securities and exchange commission investment capital sold shares capital southwest common stock since september dlrs dlrs share reason for recent sales reuter 
earn	manufacturers hanover corp mhc qtr net shr profit dlrs dlrs net mln mln mths shr loss dlrs profit dlrs net loss billion profit mln note qtr includes previously reported gain mln dlrs mln tax capturing excess pension funds mths include billion dlr addition loan loss reserves qtr for shaky ldc debts reuter 
earn	coca cola enterprises inc cce qtr net shr cts cts net mln mln revs mln mln avg shrs mln mln mths shr cts cts net mln mln revs billion billion avg shrs mln mln note results include acquired bottling companies dates acquisition pro forma basis acquisitions had place start period company earned dlrs cts per share mln shares outstanding revenues mln dlrs for quarter and earned mln dlrs cts per share number shares and revenues billion dlrs for mths reuter 
earn	ball corp bll qtr net shr cts cts net sales mln mln mths shr dlrs dlrs net sales mln mln reuter 
earn	bankers trust qtr net shr dlrs dlrs net mln mln months shr loss dlrs profit dlrs net loss mln profit mln avg shrs mln mln assets billion billion deposits billion billion loans billion billion note month loss reflects mln dlr increase loan loss provisions tax benefit quarter net income mln dlrs pct mln dlrs quarter interest income totaled mln dlrs quarter pct mln dlrs largely due increased income foreign exchange trading fees and commissions foreign exchange trading income totaled mln dlrs mln year ago provision for loan losses quarter mln dlrs versis mln year previously september provision for loan losses jumped billion dlrs mln time last year reuter 
acq	trans world airlines carl icahn withdraws acquisition offer 
earn	telecommunications inc qtr net shr profit cts profit cts net profit mln profit mln revs mln mln mths shr loss cts profit dlrs net loss mln profit mln revs billion billion note per shr reflects payment preferred dividends results include loss cts shr prior mths discontinued operations latest month results include time charge dlrs share relating sprint revenues exclude for sprint joint venture gte corp gte reuter 
earn	bristol myers bmy qtr net shr cts cts net mln mln sales billion billion mths shr dlrs dlrs net mln mln sales billion billion note share adjusted for two for stock split reuter 
earn	gander mountain inc gndr qtr sept net shr cts cts net sales mln mln reuter 
acq	bastian technologies mulling cosmo csmo bid york based bastian technologies corp acquired pct stake cosmo communications corp and move seek control company secure role affairs bastian technologies believes that management policies and business strategies company can once become profitable and maximize for shareholders underlying company bastian filing securities and exchange commission bastian alternatives considered include attempt acquire cosmo merger tender exchange offer seeking influence company management and policies and seeking representation cosmo board directors proxy contest bastian contact parties intentions cosmo adding intends request meeting cosmo representatives discuss investment cosmo stock bastian holds cosmo common shares pct total outstanding shares purchased nasta international inc nas october for mln dlrs bastia reuter 
earn	snap tools corp sna qtr net shr cts cts net sales mln mln mths shr dlrs dlrs net sales mln mln reuter 
earn	nycor inc nyco qtr net shr loss two cts profit two cts net profit profit revs mln mln mths shr profit cent profit cts net profit profit revs mln mln note qtr and mths includes gain dlrs cent per share and dlrs six cts per share utilization tax loss carryforward qtr and mths includes gain dlrs cent per share and gain dlrs six cts per share utilization tax loss carryforward mths includes loss dlrs cts per share early extinguishment debt reuter 
acq	icahn drops bid for twa twa trans world airlines inc chairman carl icahn withdrawn proposal acquire twa shares not due deterioration market conditions proposal icahn paid for each twa share dlrs cash and dlrs face amount pct subordinated debentures due twa icahn reserves make subsequent proposal future date terms terms reuter 
earn	american savings bank fsb abny qtr net shr primary dlrs dlrs shr diluted dlrs dlrs net mln mln mths shr primary dlrs dlrs shr diluted dlrs dlrs net mln mln assets billion billion loans billion billion note qtr and mths includes gain dlrs and mln dlrs utilization net operating loss carryforward qtr and mths includes gain dlrs and mln dlrs utilization net operating loss carryforward full name company american savings bank fsb york reuter 
acq	brands soda completes acquisition and brands inc completed acquisition vernors inc united brands cash and stock transaction worth valued mln dlrs reuter 
earn	washington post wpo qtr net shr dlrs dlrs net mln mln revs mln mln mths shr dlrs dlrs net mln mln revs mln mln note net periods includes gains mln dlrs dlrs share sale interest detroit cellular telephone company and mln dlrs cts share sale interest sportschannel cable programing network reuter 
earn	banc corp qtr net shr cts cts net mln mln mths shr dlrs dlrs net mln mln assets billion billion deposits billion billion loans billion billion reuter 
earn	warner communications inc wci qtr net shr cts cts net mln mln revs mln mln mths shr dlrs cts net mln mln revs billion billion reuter 
earn	aristech chemical corp ars qtr net shr cts cts qtly div cts cts prior net mln mln revs mln mln mths shr dlrs dlrs net mln mln revs mln mln note dividend payable december shareholders record october reuter 
earn	apple bank for savings appl qtr net shr dlrs dlrs net mths shr dlrs dlrs net mln mln assets billion billion deposits billion billion note qtr and mths includes gain dlrs cts per share utilization tax loss carryforward qtr and mths includes gain dlrs cts per share and dlrs dlrs per shr utilization tax loss carryforward reuter 
earn	kellogg qtr net shr cts cts net mln mln revs billion mln mths shr dlrs dlrs net mln mln revs billion billion note month earnings include nonrecurring loss mln dlrs cents share purchase mln dlrs principal amount company mln dlr pct debentures due february reuter 
money-fx	poehl chances for exchange rate stability good 
money-fx	balladur had contact ministers french finance minister edouard balladur contact finance ministers group leading industrial countries west german finance minister gerhard stoltenberg discuss crisis world markets finance ministry sources not whether contacts had led concerted action markets exchange views added that french ministry officials continuing contacts exchange views market performance reuter 
acq	lasmo canada merge onyx petroleum lasmo exploration canada subsidiary london scottish marine oil plc lsml merging onyx petroleum exploration lasmo merger made onyx buying lasmo exploration share swap company lasmo canada inc will formed lasmo will control pct equity worth mln canadian dlrs based current onyx share price company will proven reserves mln barrels oil and billion cubic feet gas lasmo reuter 
earn	regal beloit corp rbc qtr net shr cts cts net sales mln mln mths shr cts cts net sales mln mln reuter 
earn	burndy corp bdc qtr oct net shr cts cts net revs mln mln mths shr cts cts net revs mln mln reuter 
earn	florida banks ffbk qtr net shr cts cts net mln mln mths shr dlrs dlrs net mln mln assets billion billlion loans billion billion note qtr includes securities tax gain dlrs cts share reuter 
earn	mays inc mays qtr july net shr profit cts profit cts net profit profit revs mln mln year shr profit cts loss cts net profit loss revs mln mln note year results include extraordinary credit dlrs cts per shr due utilization tax loss carryforward fiscal nonrecurring income items totaled qtr includes dlrs cts per shr extraordinary charge due duction utilization tax loss carryforward nonrecurring income items totaled mths mths nonrecurring income for year included pretax gain dlrs sale company leasehold glen oaks store dec company discontinued operations that unit jan nonrecurring income for and months included for settlement litigation and gain dlrs surrender leaseholds month period included refund prior year real estate tadxes reuter 
earn	alliance financial corp alfl qtr net shr cts cts net mths shr dlrs dlrs net reuter 
earn	metropolitan federal mftn qtr net qtr ended september shr cts cts net assets billion billion deposits mln mln loans mln mln reuter 
earn	altos computer systems alto qtr net period ended september shr cts cts net mln mln sales mln mln reuter 
earn	jannock qtr net shr cts cts net mln mln revs mln mln mths shr dlrs dlrs net mln mln revs mln mln reuter 
earn	yellow freight system yell qtr net shr cts cts qtly div cts cts prior net mln mln revs mln mln mths shr dlrs dlrs net mln mln revs billion billion note full name yellow freight system inc dividend payable november record november reuter 
earn	raleigh federal savings bank rfbk qtr shr cts net mln mths shr cts net note company converted stock ownership july reuter 
earn	florida employers insurance flaef qtr shr cts cts net mths shr cts cts net note full name company florida employers insurance reuter 
earn	oak brook fobba qtr net shr cts cts net mths shr dlrs dlrs net note full name oak brook bancshares inc reuter 
earn	united service advisors inc usvsp qtr qtr ends sept shr profit cts loss two cts net profit loss revs avg shrs reuter 
earn	wolohan lumber wlhn qtr net shr cts cts net sales mln mln mths shr cts cts net sales mln mln reuter 
money-fx	poehl sees good chances for currency stability bundesbank president karl otto poehl good chances for exchange rate stability chances for exchange rate stability good told reporters reuter 
earn	taunton savings bank tsbk qtr net shr cts cts net mths shr dlrs net assets mln mln deposit mln mln loans mln mln note mths per share figures not bank converted stock form june reuter 
acq	gordon make bid acquire pagecorp pgoa gordon investment corp plans make offer acquire pagecorp inc class and class shares for dlrs cash per share bid conditional examination gordon business and affairs pagecorp days ending december proposed offer condition ainimum number shares tendered gordon not minimum will meanwhile pagecorp agreed grant gordon option purchaser class shares dlrs per share exercisable gordon makes acquisition bid december party begins takeover december pagecorp class shareholders agreed deposit class shares gordon proceeds offer reuter 
earn	trillium telephone tlm qtr net shr profit cts loss dlrs net profit loss revs mln mln six mths shr profit cts loss dlrs net profit loss revs mln mln avg shrs note trillium telephone systems inc reuter 
earn	trans national leasing inc tnls year loss shr loss cts profit cts net loss profit revs reuter 
earn	elmira savings bank fsb esbk qtr net shr cts cts net mths shr dlrs dlrs net assets mln mln deposits mln mln loans mln mln note mths includes gain dlrs cts per share utilization operating loss carryforward qtr and mths includes gain dlrs cts per share and dlrs dlrs per share utilization operation loss carryforward reuter 
earn	golden valley microwave gvmf qtr net period ended september shr cts cts net sales mln mln avg shrs mths shr cts cts net sales mln mln avg shrs reuter 
earn	home federal savings rockies hrok qtr shr cts nil net mths shr dlrs cts net assets mln mln note full name company home federal savings and loan association rockies reuter 
earn	westport bancorp inc wbat qtr net shr cts cts net mths shr cts dlrs net reuter 
earn	ohio edison oec qtr net shr cts cts net mln mln revs mln mln avg shrs mln mln mths shr dlrs dlrs net mln mln revs billion billion avg shrs mln mln reuter 
earn	york state electric gas corp nge qtr oper shr cts cts oper net mln mln revs mln mln avg shrs mln mln mths oper shr dlrs dlrs oper net mln mln revs mln mln avg shrs mln mln mths oper shr dlrs dlrs oper net mln mln revs billion billion avg shrs mln mln note month and month operating net excludes charges mln dlrs and mln dlrs reflecting disallowed costs utility pct share mile point number two nuclear power plant and abandoned jamesport nuclear project charges resulted month share loss dlrs and month share loss dlrs reuter 
earn	citicorp cci qtr net shr profit dlrs profit dlrs net profit mln profit mln mths shr loss dlrs profit dlrs net loss billion profit mln note net mths includes provision for credit losses billion billion net qtr includes provision for crit losses mln mln assets billion billion loans billion billion deposits billion billion qtr reflects previously announced aftertax gain mln recognition pension plan funding and mln tax benefits billion provision net write offs qtr totaled mln mln and year date billion mln reuter 
earn	coleman inc cln qtr net shr cts cts net sales mln mln mths shr dlrs dlrs net sales mln mln avg shrs note data restated for method accounting for pensions reuter 
acq	jacobs sells stake gillette minneapolis investor irwin jacobs sold stake held gillette deciding that not force gillette accept dlr share takeover bid made revlon group inc rev revlon bid expired last week repeatedly rejected gillette jacobs had earlier considered waging proxy fight gillette jacobs told reuters sold gillette stake called substantial pct weeks ago period days sold stock profit not disclose selling price gillette stock morning trade high reached revlon announced bid jacobs sold gillette stake based investment decision surely not this happening monday stock market free fall gillette spokesman mpany had comment jacobs and fellow investor carl pohlad continue hold stake allegheny international inc august disclosed securities and exchange commission filing that had acquired shares pct allegheny and consideer seeking control company reuter 
acq	transamerica buy sedgwick sdwk unit transamerica corp transamerica insurance signed definitive pact buy pct interest sedgwick group plc river thames insurance transamerica will buy mln newly issued class shares river thames for dlrs per share sedgwick wil retain pct interest river thames property liability reinsurer agreement subject shareholder approval expected close end year company river thames reported net premiums written mln dlrs reuter 
earn	intermec corp intr qtr sept net shr cts cts net revs mln mln avg shrs six mths shr cts cts net revs mln mln avg shrs reuter 
earn	homestead financial corp hfl qtr net shr cts cts net mths shr dlrs dlrs net avg shrs note prior month figures include extraordinary tax loss mln dlrs cts per share reuter 
earn	silvercrest corp slv qtr sept net shr cts cts net revs mln mln note current qtr figures include tax loss carryforward credit dlrs credit dlrs reuter 
interest	donald regan ease credit supply donald regan president reagan chief staff government loosen money supply interest rates and reduce federal budget and trade deficits avoid recession face preserve economy time chairman merrill lynch and inc mer interview abc television network loosen money interest rates can afford that means work twin deficits budget deficit and trade deficit regan wouldn tighten money this moment regan asked prospects for recession monday price drop wall street that that create conditions that choked money supply and happened into major recession that thing avoid regan called government impose restrictions program trading that that exacerbated exaggerated this decline and that stop reuter 
earn	ahmanson and ahm qtr net shr cts cts net mln mln mths shr dlrs dlrs net mln mln avg shrs assets billion billion loans billion billion deposits billion billion reuter 
earn	jwp inc jwp qtr net shr cts cts net mln revs mln mln avg shrs mln mln mths shr dlrs cts net mln revs mln mln avg shrs mln mln reuter 
earn	peoples savings bank pebw qtr net shr cts not net mths shr dlrs not net note company public october reuter 
earn	texas eastern corp tet qtr net shr profit cts profit cts net profit profit mln mths shr profit dlrs loss cts net mln loss mln note qtr and months includes profit mln dlrs and loss mln dlrs discontinued operations earnings per share reported payment preferred stock dividends subsidiaries reuter 
crude	phillips raises crude oil prices phillips petroleum corp raised contract price will pay for grades crude oil cts barrel effective oct increase brings company postings for west texas intermediate and west texas sour grades dlrs barrel phillips last changed crude oil postings sept reuter 
earn	meditrust sbi qtr net shr cts cts net revs avg shrs mln mths shr dlrs dlrs net mln revs mln avg shrs mln reuter 
earn	health images inc himg qtr net shr profit cts loss cts net profit loss revs mths shr loss cts loss cts net loss revs mln note mths includes charge dlrs for exchange officer and director shares junior subordinated stock for shares common stock and year warrant purchase shares common stock dlrs per share reuter 
earn	preston corp ptrk qtr net shr cts cts net revs mln mln mths shr cts dlrs net revs mln mln reuter 
acq	commerce dept opposes foreign takeover ban commerce undersecretary michael farren opposed language trade bill congress limit foreign takeovers companies that serve chilling effect foreign investment cost jobs and economic growth farren congressional coittee house and senate negotiators ironing differences trade bills passed chambers once negotiators reach agreement bill will president reagan for signature reuter 
earn	contrans corp css qtr august net shr cts cts net revs mln mln year shr cts dlrs net revs mln mln note share figures for year payment preferred share dividend and include unspecified extraordinary items reuter 
earn	stanadyne inc stna qtr net shr cts cts net revs mln mln mths shr dlrs dlrs net mln mln revs mln mln reuter 
earn	mercantile bankshares corp mrbk qtr net shr cts cts net mln avg shrs mln mln mths shr dlrs dlrs net mln mln note net includes pretax securities gains dlrs dlrs quarter and dlrs dlrs mths net includes loan loss provisions dlrs dlrs quarter and dlrs dlrs mths reuter 
ship	pentagon warships begin escorting gulf tanker convoy south kuwait 
earn	allegheny ludlum corp als qtr net shr cts not net not revs mln mln mths shr dlrs not net mln not revs mln mln note year ago per share and net income not company recapitalized december reporting entity for financial reporting purposes reuter 
earn	atlantic research corp atrc qtr net shr primary cts cts shr diluted cts cts net revs mln mln mths shr primary dlrs dlrs shr diluted dlrs dlrs net mln mln revs mln mln reuter 
earn	services inc qtr net shr cts cts net mln mln revs mln mln avg shrs months shr cts cts net mln mln revs billion billion avg shrs note results not include september acquisiton denny inc reuter 
earn	santa energy partners sfp qtr loss shr loss cts loss dlrs net loss loss mln revs mln mln avg units mln mln mths shr loss cts loss dlrs net loss loss mln revs mln mln avg units mln mln note full name sante energy partners reuter 
earn	general development corp cdv qtr net shr cts cts net revs mln mln avg shrs mths shr dlrs dlrs net mln mln revs mln mln avg shrs reuter 
acq	group lifts stake smith international sii group firms led hong kong based industrial equity pacific increased stake smith international inc common stock shares pct total outstanding pct filing securities and exchange commission group bought smith common shares october and dlrs dlrs share reason for recent purchases reuter 
crude	iran soviets hold talks oil exchange deal iran and soviet union provisionally agreed hold talks exchange iranian crude oil for finished soviet oil products official spokesman tuesday gennady gerasimov chief soviet foreign ministry information directorate told reporters agreement had reached visit moscow last week iran oil minister gholamreza aqazadeh gerasimov date had set for talks study possibility soviet technical assistance for iran oil industry reuter 
earn	west inc usw qtr net shr dlrs dlrs net mln mln sales billion billion avg shrs mln mln mths shr dlrs dlrs net mln mln sales billion billion avg shrs mln mln reuter 
acq	guinness completes unit sales worth mln stg guinness plc guin completed sale subsidiaries martin ctn group plc and drummonds pharmacy group plc total consideration mln stg subject adjustment final audit expected add mln stg guinness martins sold panfida australian investment company and drummonds macarthy plc reuter 
earn	north side savings bank nsbk sept shr cts cts net year shr dlrs cts net note year excludes dlrs for tax credits qtr and year excludes gain dlrs and dlrs for tax credits per share amounts caclulted april septebmer date bank conversion stock ownership reuter 
trade	lyng defends export subsidy program agriculture secretary richard lyng united states will continue policy subsidizing farm exports regain lost markets global agreement end such subsidies interview reuters lyng acknowledged troubled prospect that export enhancement program eep prove indispensable boosting exports that difficulty abandoning troubled that bit question longer you feed calf cow longer wean recent months usda offered subsidies growing list commodities increasing number countries lyng called and european community export subsidies plain nonsensical long term policy and end expansion eep end expansion this accomplish goal regain markets that lost products competitive and european community convinced worst offenders terms export subsidization that prepared continue this can come agreement put end reuter 
earn	athey products corp atpc qtr net shr cts cts net revs mln mths shr dlrs cts net revs mln mln reuter 
earn	nature sunshine products inc amtc qtr shr cts cts net revs avg shrs mths shr cts cts net revs mln mln avg shrs reuter 
earn	legg mason inc qtr net shr cts cts net revs mln mln avg shrs six mths shr cts cts net revs mln mln avg shrs reuter 
crude	soviet oil output target mln tonnes soviet oil production target for set mln tonnes rise mln tonnes this year planned output oil minister vasily dinkov announced figure tuesday supreme soviet country nominal parliament development strategy fuller use oil deposits and housing and pay for oilmen had allowed upsurge oil industry years stagnation began late last year soviet union produced mln tonnes oil slightly short target mln january september figures released weekend showed soviet oil output months this year mln tonnes target million dinkov soviet union develop oil deposits coming year called for speedier geolog prospecting across country spur oil industry supreme soviet convened monday endorse budget and plan session expected end tuesday reuter 
earn	dyncorp dyn qtr net shr cts cts net revs mln mln mths oper shr cts cts oper net revs mln mln note mths net excludes dlr charge antitrust litigation reuter 
earn	frozen food express fexp qtr net shr cts cts net revs mln mln mths shr dlrs cts net revs mln mln note full name company frozen food express industries inc reuter 
earn	astrocom corp acom qtr net shr loss cts profit cts net loss profit revs mths shr loss cts profit cts net loss profit revs reuter 
acq	ericsson sells office machine division telefon ericsson eric sell office machinery unit turnover two billion crowns norway norska design funktion ericsson information systems unit part statement decision reached november norwegian firm operation price for deal eis managing director stig larsson deal eis concentrate voice and data communication products reuter 
earn	armor products corp armr qtr sept shr cts cts net revs mln mln half shr cts cts net revs mln mln note affiliate mckesson corp mck reuter 
acq	goodman fielder pct ranks hovis goodman fielder goow australia statement that had acquired mln ordinary shares ranks hovis mcdougall plc rhml rhm bringing stake company pct mln ordinary shares goodman intention making full bid for company and not contemplate six months absence material change circumstances ranks rhm regards stake build hostile move unwelcome and not long term interest shareholders reuter 
earn	multibank financial corp mltf qtr net shr cts cts net avg shrs mths shr dlrs dlrs net mln mln avg shrs reuter 
earn	usp real estate investment trust uspts shr cts cts qtly div cts cts prior net mths shr dlrs cts net note and mths includes net gain sale assets dlrs cts share and dlrs dividend payable november shareholders record october reuter 
earn	lincoln financial corp lfin qtr net shr cts cts net mths shr dlrs dlrs net assets billion bilion deposits billion billion loans billion mln note figures restated reflect pooling interests transactions angola state bank and shipshewana state bank and october for stock split reuter 
money-fx	lawson west german row unnecessary chancellor exchequer nigel lawson recent dispute united states and west germany economic policy responsible for financial turmoil and that never happened television interview dispute had fanned fears breakdown cooperation important finance ministers major nations dispute row not happened and agreed that blame lay treasury secretary james baker had publicly criticised west germany for raised key interest rates reuter 
earn	republic american corp rawc qtr net oper shr cts cts oper net avg shrs mln mln mths oper shr dlrs cts oper net mln mln avg shrs mln mln note net excludes realized capital gains dlrs quarter and mln dlrs mths reuter 
earn	kent electronics corp kec qtr sept net shr cts cts net revs avg shrs mths shr cts cts net revs mln avg shrs reuter 
earn	qms inc aqm qtr oct net shr cts cts net revs mln mln avg shrs year shr cts cts net revs mln mln avg shrs reuter 
earn	petite academy inc lpai qtr net shr cts cts net revs mln mln mths shr cts cts net revs mln mln note share adjusted for stock dividends reuter 
earn	teleconcepts corp tcc qtr net shr profit cts profit net profit profit sales avg shrs mths shr profit cts loss cts net profit loss sales mln avg shrs backlog reuter 
earn	wells fargo and wfc raises quarterly div qtly div cts cts pay jan record dec reuter 
earn	petrolane partners lpg qtr loss shr loss cts profit six cts net loss mln profit mln revs mln mln months shr profit dlrs profit cts net profit mln profit mln revs mln mln note results pro forma form partnership public march previous results reported texas eastern corp tet petrolane inc domestic division reuter 
earn	valero energy corp vlo qtr loss shr loss dlrs loss dlrs net loss mln loss mln revs mln mln mths shr loss cts loss dlrs net profit mln loss mln revs mln mln note periods toher qtr pro forma note qtr includes mln dlrs share tax loss discontinued operations sale assets oil and gas exploration and production subsidiary september qtr includes extraordinary mln dlrs cts share for planned redemtion company pct subordinated debentures mths net includes loss mln dlrs dlrs share for discontinued operations per share loss deducting for preferred stock dividends mths net includes tax gain mln dlrs dlrs per share for formation valero natural gas partners qtr includes tax loss discontinued operations mln dlrs share reuter 
earn	american filtrona corp afil qtr shr cts cts net revs mln mln mths shr dlrs dlrs net revs mln mln note qtr includes charge dlrs cts share for relocation costs for phase operations reuter 
acq	stanadyne stna purchases ambac stake stanadyne inc acquired substnatial majority ambac outstanding stock ail corp successor united technologies corp utx diesel systems division for undisclosed terms addition purchase majority brescia italy based company stanadyne acquired minority interest ambac operation headquartered columbia reuter 
earn	family steak houses florida inc ryfl shr cts two cts net revs mths shr cts cts net revs mln avg shrs mln reuter 
earn	ecolab inc ecl qtr oper shr oper shr cts cts oper net revs mln mln mths oper shr dlrs dlrs oper net mln mln revs mln mln note results include restructuring and recurring charge cts share restructure chemlawn acquired april and recent acquisitions results exclude gain sale discontinued operations mln dlrs dlrs share qtr results exclude income discontinued operations dlrs mths dlrs two cts qtr and dlrs cts mths reuter 
earn	merchants national corp mchn qtr net shr cts cts net mln mths shr cts dlrs net mln note mths net reflects mln dlr addition latin american loan loss provision reuter 
interest	lawson interest rate prospects unchanged chancellor exchequer nigel lawson collapse british share prices this week held implication for domestic interest rates television interview that nothing events past days increase upward pressure interest rates sterling stayed solid crisis backed strong economic fundamentals and pct bank base lending rates analysts lawson comments another frantic day london financial center british shares closed pct day reuter 
earn	loral corp lor qtr sept shr cts cts net mln mln revs mln mln six mths shr dlrs dlrs net mln mln revs mln mln backlog billion mln note year ago qtr and six mths included net charge cts per shr representing difference gain sale securities and write nonrecurring costs addition six mths includes mln dlr gain sale unit and mln dlr writedown minority interest investment results for qtr and six mths current year include loral systems group goodyear aerospace acquired march reuter 
earn	citizens and southern corp csou qtr net shr cts cts qtly div cts cts prior net mln mln avg shrs mln mln mths shr dlrs dlrs net mln mln avg shrs mln mln note mths net includes special mln dlr loan loss provision mths net includes mln dlr charge for settlement suit dividend pay dec record nov reuter 
earn	alex brown inc absb qet sept end primary shr cts cts diluted shr cts cts net revs mln mln primary avg shrs diluted avg shrs months primary shr dlrs dlrs diluted shr dlrs dlrs net mln mln revs mln mln primary avg shrs diluted avg shrs note results pro forma assuming that company public company public feb reuter 
earn	banctexas group inc btx qtr oper loss oper shr loss dlrs loss dlrs oper net loss loss avg shrs mths oper shr loss dlrs loss dlrs oper net loss loss avg shrs assets mln billion deposits mln mln loans mln mln note july company completed recapitalization injection mln dlrs cash mln federal deposit insurance corp and mln dlrs raised stock rights offering qtr and mths exclude gain mln dlrs realized primarily early settlement debt connection recapitalization and mln dlr loss investment securities qtr and mths exclude mln dlr gain investment securities mths excludes gain mln dlrs sale subsidiary bank and shr and avg shrs restated for for reverse stock split number shrs outstanding sept reuter 
earn	gotaas larsen shipping corp gotlf qtr shr cts cts net mln revs mln mln mths shr dlrs dlrs net mln mln revs mln mln reuter 
acq	science accessories seas ends purchase talks science accessories corp ended talks acquiring privately held owl electronics laborarories inc not reach satisfactory terms reuter 
earn	greater york savings bank grtr qtr shr cts net mths shr net mln mln assets billion billion note year ago per shr amts not bank converted stock ownership june qtr and mths mln and mln dlrs for tax credits and mths mln and mln dlrs for tax credits reuter 
earn	consolidated fibres inc cfib qtr net qtr ended sept shr cts cts net sales mln mln reuter 
earn	computer task group inc tsk qtr net shr cts cts net revs mln mln avg shrs mths shr cts cts net revs mln mln avg shrs reuter 
earn	simpson industries inc smps qtr net shr cts cts net sales mln mln mths shr cts dlrs net sales mln mln note figures include dlr gain cts share discontinued operations reuter 
earn	network systems corp nsco qtr net shr cts cts net revs mln mln mths shr cts cts net mln mln revs mln mln reuter 
earn	pittsburgh and west virginia qtr net shr cts cts net revs mln mln months shr cts cts net revs note full name pittsburgh and west virginia railroad reuter 
earn	national micronetics inc nmic qtr qtr ended september shr profit two cts loss cts net profit loss revs reuter 
earn	public service enterprise peg qtr net shr cts cts net mln mln revs billion billion avg shrs months shr dlrs dlrs net mln mln revs billion billion avg shrs months shr dlrs dlrs net mln mln revs billion billion avg shrs note full name public service enterprise group inc results reflect for two stock split effective july reuter 
earn	and foods inc food qtr oct net shr cts cts net revs mln mln avg shrs mths shr cts cts net revs mln mln avg shrs reuter 
acq	total capital acquires dunhill compact total capital corp acquired dunhill compact classics inc for unspecified amount stock surviving company will controlled dunhill principals total capital dunhill makes compact discs reuter 
earn	american business products inc abp qtr oper shr cts cts oper net sales mln mln mths oper shr dlrs dlrs oper net sales mln mln note net periods excludes dlr special charge reuter 
earn	bemis bms qtr net shr cts cts net sales mln mln mths shr dlrs dlrs net sales mln mln reuter 
earn	tolland bank fsb tobk qtr net sept end shr cts net six months shr cts net assets mln mln note company public dec reuter 
earn	western north america wsn qtr loss shr loss cts loss dlrs net mln loss mln revs mln mln mths shr loss dlrs loss dlrs net loss mln loss mln revs mln note qtr includes loss dlrs for mobilization costs associated two offshore drilling rigs qtr includes charge mln dlrs for write oilfield services equipment and offshore drilling rigs reuter 
earn	coachmen industries coa qtr net shr loss cts profit six cts net loss profit sales mln mln avg shrs mths shr profit cts profit cts net profit profit sales mln mln avg shrs reuter 
earn	diamond crystal dslt qtr sept net shr cts cts net sales mln mln six mths shr cts cts net sales mln mln note full name diamond crystal salt reuter 
earn	kmw systems corp kmw qtr net sept end primary shr cts cts diluted shr cts cts net revs primary avg shrs diluted avg shrs note results includes tax credit dlrs reuter 
acq	owens illinois extends brockway brk offer owens illinois inc subsidiary dlr share cash tender offer for outstanding common shares brockway inc extended midnight october offer had scheduled expire midnight october owens illinois that oct common shares pct outstanding shares brockway tendered and brockway preparing responses previously announced request for additional information federal trade commission hart scott rodino act owens illinois subsidiary began tender offer september will not buy brockway common shares days owens illinois compliance ftc request conditions reuter 
ship	senate cuts stall tactics gulf bill confronted hostilities involving forces gulf senate voted end republican stalling tactics and limit debate measure that give congress larger role gulf policy measure not require president reagan comply war powers act related senate bill controversial war powers act require pullout forces gulf senate voted stop filibuster and limit debate hours bipartisan measure that requires reagan report congress gulf policy days and calls for resolution passed house and senate situation volatile waterway days resolution gulf related issue including expression support disapproval for reagan policy protecting kuwaiti tankers iran waterway pentagon protected convoy began moving gulf early tuesday reuter 
earn	ingersoll rand qtr net shr cts cts net mln mln revs mln mln avg shrs months shr dlrs dlrs net mln mln revs billion billion avg shrs note results reflect for two common stock split payable form stock dividend payable july results include gains retroactive adoption accounting rules for pension jan mln and mln dlrs for quarter and month periods company redeemed outstanding preference stock dlrs convertible series sept reuter 
earn	sjw corp sjw qtr net shr dlrs dlrs net revs mln mln mths shr dlrs dlrs net revs mln mln reuter 
crude	ruled attack iranian silkworms military planners ruled iran silkworm missiles target retaliatory attack mounted monday for fear drawn deeply into iran iraq war defense and middle east experts naval forces destroyed offshore oil platform and raided another administration called measured and response iranian silkworm missile attack last friday flagged tanker kuwaiti waters private analysts generally agreed that rig onshore economic military target such silkworm launch sites reflected careful bid washington limit political military and diplomatic fallout home and gulf simply demonstrated united states will military action iran military action norman polmar defense analyst and author hitting platforms had spared iran embarrassment casualties soil possibly avoiding escalating spiral attack and counterattack addition minimized risk forces and potential embarrassment losses including aircraft that shot had part attack anthony cordesman author book iran iraq war united states apparently chose limited target alive possibility that secretary general javier perez cuellar persuade iran accept security council call for ceasefire want peace initiative work chance adding that action made clear tougher steps follow iran attack gulf shipping targeting oil rig albeit pentagon turned into military command post washington message that willing attack iran economic lifeline pentagon officials platform had used base for iranian raids shipping lower gulf chosen military target shown iran that willing interfere oil exporting capabilities cordesman predicted united states respond future major iranian challenges hitting iran naval base bandar abbas straits hormuz mining approaches iran oil export terminal kharg island defense secretary caspar weinberger monday united states not seek confrontation iran will prepared meet escalation military action iran stronger countermeasures reuter 
earn	adobe resources corp adb qtr net shr loss two cts loss cts net profit loss revs mln mln mths shr profit cts loss dlrs net profit mln loss mln revs mln mln note qtr and mths includes gain dlrs cts per share and mln dlrs cts per share net operating loss carryforward qtr and mths includes loss dlrs cts per share and loss mln dlrs cts per share payment preferred dividends qtr and mths includes loss dlrs cts per share and mln dlrs cts per share payment preferred dividends reuter 
earn	kenner parker toys inc kpt qtr oper oper shr dlrs cts oper net mln mln revs mln mln mths oper shr dlrs dlrs oper net mln mln revs mln mln note qtr and mths oper net excludes gains tax loss carryforwards dlrs and dlrs qtr and mths oper net excludes tax carryforward gains dlrs and dlrs reuter 
earn	tennant tant qtr net shr cts cts net sale mln mln mths shr dlrs dlrs net sales mln mln reuter 
acq	welbilt welb acquires food handling systems welbilt corp acquired food handling systems inc dallas producer commercial ovens conveyers and proofer systems terms transaction not disclosed food handling produces equipment for commercial baking industry privately owned richard shumway mesa ariz and vic ferrara dallas will remain company company manufacturing facilities dallas and phoenix reuter 
earn	laurentiis entertainment deg qtr loss period ended august shr loss cts profit cts net loss profit revs mln mln six mths shr loss dlrs loss cts net loss loss revs mln mln note full name laurentiis entertainment group inc reuter 
earn	albany international corp aaica qtr net shr cts cts net revs mln mln mths shr cts cts net mln revs mln mln avg shrs mln mln reuter 
earn	american business products inc abp qtr shr cts cts net revs mln mln mths shr dlrs dlrs net revs mln mln note qtr and mths includes loss dlrs cts per share unspecified extraordinary item reuter 
earn	allied bancshares inc albn qtr loss shr loss dlrs loss dlrs net loss mln loss mln mths shr loss dlrs loss cts net loss mln loss mln note qtr and mths includes loss mln dlrs and mln dlrs for loan loss allowance provision qtr includes gain mln dlrs tax benefit reuter 
earn	central banking system inc csys qtr net shr cts cts net mths shr dlrs cts net loans mln mln deposits mln billion assets billion billion reuter 
crude	outer continental shelf sale postponed outer continental shelf oil and gas lease sale number beaufort sea tentatively schedualed for january postponed department interior alan powers chief minerals maanagement service for department delay time study effects drilling noise whale migrations powers state asked for additional noise data for sale area alaska north slope date not set will likely sooner march powers blocks encompassing mln acres involved proposed sale area and miles northern coast alaska artic ocean canadian border and degrees west longitude reuter 
earn	seacoast banking corp florida sbcf shr cts cts net mths shr dlrs dlrs net reuter 
earn	coeur alene mines corp cour qtr net shr profit cts loss cts net profit loss revs mln avg shrs mths shr profit cts loss cts net profit loss revs mln avg shrs reuter 
earn	strathcona resource srh qtr aug net shr profit two cts nil net profit loss revs mths shr loss loss cts net loss loss revs mln mln note full name strathcona resource industries reuter 
earn	corporate software inc csof qtr net shr cts cts net revs mln avg shrs mths shr cts cts net revs mln mln avg shrs note includes extraordinary credit six cts per shr qtr and cts per shr mths reuter 
earn	susquehanna corp sqn qtr net shr cts cts net revs mln mln mths shr cts cts net revs mln mln note net includes loss discontinued operations two cts per shr qtr and cts per shr mths reuter 
crude	ecuador cepe names head state run ecuadorean state oil corporation cepe named jaime sanchez valdivieso general manager replacing carlos romo leroux cepe spokesman spokesman told reuters sanchez year civil engineer headed cepe administration and finances division romo leroux resigned last week for personal and family reasons spokesman reuter 
acq	amex bear stearns bought specialist unit american stock exchange previously reported that bear stearns and bsc purchased damm frank and specialist unit amex trading floor amex unit trades stocks and options small comparison specialist units personel and operations remain exchange added price not disclosed specialist unit authorized stock exchange deal agent for brokers stable market stocks reuter 
earn	dinner bell foods inc dinb qtr sept shr dlrs cts qtly div cts cts prior qtr net sales mln mln note net includes pre tax gain dlrs termination retirement plan for salaried employees and dlrs charge for reorganization costs dividend payable november holders record november two reuter 
earn	petrolane partners lpg qtr loss shr loss cts profit six cts net loss profit mths shr profit dlrs profit cts net profit mln profit mln note year ago results pro forma since company created march transfer master limited partnership domestic assets petrolane inc liquefied petroleum gas division reuter 
earn	eastek corp estk qtr sept loss shr loss cts loss cts net loss loss revs not note company made initial offering march and had development stage company sales posted reuter 
earn	american capital management aca qtr net shr cts cts net revs mln mln mths shr dlrs dlrs net mln mln revs mln mln note company full name american capital management and research inc reuter 
earn	and foods inc food qtr net oct end shr cts cts net revs mln mln avg shrs months shr cts cts net revs mln mln avg shrs reuter 
earn	regency electronics inc rgcy qtr net period ended september shr profit loss cts net profit sales mln mln reuter 
acq	dinner bell dinb leverage buy dropped dinner bell foods inc talks proposed leveraged buy company terminated spokesman group led joseph grimes director company and rober kill withdrawn proposal acquire company stock for dlrs share company board determined previously postponed annual meeting will held january reuter 
earn	quaker oats oat qtr sept net shr cts cts net mln mln sales billion mln avg shrs reuter 
trade	ecuador posts mln dlr mth trade deficit ecuador posted trade deficit mln dlrs months compared surplus mln dlrs period central bank figures show ecuador suspended oil exports made pct total exports for months this year earthquake march shattered country pipeline central bank exports january august stood billion dlrs and imports billion dlrs net international monetary reserves declined mln dlrs end september mln dlrs end september reuter 
earn	industries inc qtr net shr profit two cts loss cts net profit mln loss mln revs mln mln mths shr loss cts loss dlrs net profit mln loss mln revs billion mln note net income per share deductions for mandatory preferred stock dividends and income chemical operations not attributable common stockholders qtr and mths includes gain cts per share for partial redemption series preferred stock will paid net earnings chemicals operations mths includes loss mln dlrs write petroleum service assets and restructuring costs reuter 
crude	amoco raises crude postings cts today wti dlrs 
acq	pan sets pacific satellite stake sale johnson geneva agreed buy pan corp pct holding joint venture company pan pacific satellite corp for undisclosed terms johnson geneva pan divested owership project part corporate restructuring plan will continue provide engineering services contract basis johnson geneva buy accomplished onpraise hong kong company controlled johnson geneva chairman michael johnson funds provided onpraise increase satellite company working capita reuter 
earn	ifr systems inc ifrs qtr sept net shr cts cts net sales reuter 
acq	telex adopts shareholder rights plan telex corp board adopted shareholder rights plan will shareholders purchase common share for two dlrs hostile group acquires pct company company plan will not triggered purchases pursuant dlrs share tender offer commenced october unit tlx partners group controlled york financier asher edelman rights will distributed for basis shareholders october and redeemed become exercisable cents per company rights will expire february year days date become exercisable plan intended protect stockholders attempt unfair advantage recent decline stock prices use abusive tactics such market accumulations interfere ability maximize stockholder rights become exercisable person group acquires pct company common stock cash tender offer for outstanding shares dlrs per share rights will not become exercisable company acquired group agreement made board spokeswoman told reuters company official response edelman bid friday oct reuter 
earn	alcan aluminium qtr net shr cts cts net mln mln revs billion billion avg shrs mln mln mths shr dlrs dlrs net mln mln revs billion billion note net for current qtr included operating costs mln income mln qtr net mths included operating costs mln mths income mln mths prior year earnings per shr and average number shrs outstanding restated reflect for split effective for purposes comparability reorganization july net figures including for reported preferred dividends reuter 
earn	john hanson savings jhsl qtr net sept end shr profit cts loss six cts net profit loss assets billion mln reuter 
crude	amoco raises crude prices amoco corp raised contract price will pay for grades crude oil cts barrel effective today company increase brings posting for west texas intermediate dlrs barrel west texas sour degrees api raised dlrs light louisiana sweet grade increased cts dlrs barrel amoco wyoming southwest sweet colorado western and two utah grades oil black wax and yellow wax unchanged company last changed crude oil postings september reuter 
earn	minnetonka corp minl qtr net periods end sept shr cts cts net sales mln mln weeks shr cts cts net sales mln mln reuter 
earn	electronic tele communications qtr loss shr class loss cts profit cts shr class loss cts profit cts net loss profit sales mths shr class profit cts profit cts shr class loss cts profit cts net profit profit sales note full name electronic tele communications inc etcia reuter 
earn	schering plough corp sdg qtr net shr cts cts net mln mln sales mln mln mths shr dlrs dlrs net mln mln sales billion billion avg shrs mln mln reuter 
ship	saudi role gulf praised officials saudi arabian crown prince abdullah bin abdul aziz thanked reagan administration for country close and closed mouthed cooperation washington gulf senior official saudis cooperative nice saudis public real estate official asked not named declined describe sort saudis providing that saudi officials reluctant acknowledge role gulf united states stationed forces protect shipping lanes prince met vice president george bush monday naval forces attacked offshore iranian oil platforms washington retaliation for iranian attack ship moored kuwait and flying flag asked start meeting felt attack prince official visit replied united states responsibility superpower senior official remark endorsement attack reuter 
crude	texaco unit raises crude oil prices texaco inc raised contract price will pay for grades crude oil cts barrel effective october company increase brings posting for benchmark grade west texas intermediate dlrs barrel west texas sour and light louisiana sweet grades raised cts and dlrs barrel texaco last changed crude oil postings september reuter 
acq	chase acquires mln dlr revolving credit chase manhattan bank unit chase manhattan corp cmb acquired portfolio consumer revolving credit accounts atlantic financial federal atlf valued mln dlrs company acquisition makes chase second largest issuer credit card and unsecured consumer credit loans outstandings exceed billion dlrs company company portfolio accessed checks similar chase advantage credit product reuter 
earn	republic american corp rawc qtr net shr cts cts net net premiums mln mln avg shrs mths shr dlrs dlrs net mln mln net premiums mln mln avg shrs reuter 
acq	reser fine foods inc private reser fine foods inc directors and officers represent pct company stock plan reser private cash buyout company group plans offer dlrs per share for pct stock outstanding reuter 
earn	laclede steel lcld qtr net shr cts cts net sales mln mln mths shr dlrs cts net sales mln mln reuter 
earn	redlake corp qtr sept net shr profit cts loss cts net profit loss revs six mths shr profit cts loss cts net profit loss revs reuter 
acq	bank york reaffirms terms for irving bank york corp reaffirmed terms offer for irving bank corp despite drop bank york share price bank york spokesman offer stands not changed offer bank york spokesman irving not comment drop market affects position bid whether buy back shares earlier this month irving rejected bid inadequate and wanted retain independence late september bank york offered dlrs per share cash for pct irving for remaining pct offered exchange shares shares for irving share that time stock purchase portion worth close dlrs per share that portion worth dlrs per share for net price dlrs analyst prospectus offer shareholders tender for cash shares come serve basis analysts mixed stock price drop affect acquisition gets irving shareholders approve irving hopes offer won shareholders mark alpert banking analyst bear stearns cos inc and market deal won alpert transaction highly completed present irving wouldn offer dlrs share won lower price another analyst analyst doubted that bank york afford retain original offer industry sources uncertain prospects for deal irving price low bank york offer will good irving shareholders michael flores consultant bank earnings international consulting firm drop irving share dlrs per share dlr drop beginning last week increases chance that bank york will succeed flores analysts that drop bank stock prices likely depress level mergers and acquisition banking industry bank takeovers likely banks can use stock make acquisitions share price depressed alpert since banks can buy another bank acquirors foreign bank alpert market drop stock acquirors clobbered acquirees another analyst reuter 
earn	kollmorgen corp kol qtr net shr profit cts loss cts net profit loss revs mln mln mths shr loss cts loss cts net loss loss revs mln mln note qtr and mths includes gain dlrs cts per share utilization tax loss carryforward reuter 
earn	farm fresh inc ffsh qtr net shr cts cts net revs mln mln mths shr cts cts net revs mln mln reuter 
earn	republicbank frb corp qtr loss shr diluted loss cts net loss mths shr diluted loss dlrs net loss note comparisons company formed june merger republicbank corp and interfirst corp mths includes previously reported provision mln dlrs second quarter for losses ldc loans reuter 
acq	dart group will not solicit proxies attempt acquire dayton hudson 
acq	dart sold mln dayton hudson shares expects sell rest holding 
trade	brazil sept trade surplus highest year brazil september trade surplus this year totalling billion dlrs compared billion dlrs august and mln dlrs september last year banco brasil foreign trade department cacex director namir salek news conference september exports billion dlrs slightly billion dlrs august imports september amounted billion dlrs billion dlrs august salek accumulated surplus jan sept period billion dlrs compared billion dlrs similar period coffee accounted mln dlrs exports mln dlrs august and mln september salek cacex director expected country trade surplus average mln dlrs remaining months year estimating year surplus reach billion dlrs billion dlrs worth exports and billion dlrs imports attributed good surplus exports manufactured and semimanufactured goods mentioned car exports accounted alone sales mln dlrs jan sept period mln dlrs similar period reuter 
interest	reagan room for declines interest rates 
acq	group lifts airlease fly stake pct group firms led group inc psg increased stake airlease depositary units representing limited partners interest units pct total outstanding previous figure approximately units pct filing securities and exchange commission group bought airlease units july andf october dlrs dlrs share reason for recent purchases reuter 
earn	continental information systems corp cny shr cts cts net revs mln mln six mths shr cts cts net revs mln mln note qtr end august per share amounts adjusted for pct stock dividend paid june two reuter 
earn	tenera tlpzz qtr net shr cts cts net revs mths shr cts cts net revs million million reuter 
interest	reagan sees room for interest rate declines president reagan pleased actions banks reduce prime lending rates today and sees room for decline interest rates room market for decline interest rates reagan statement left white house visit wife nancy bethesda naval hospital reagan statement meeting top economic advisers reagan remains concerned market that actions federal reserve helped interest rates across spectrum reagan specifically pleased that bond market strong and that foreign exchange markets stable reagan reuter 
earn	atlantic american corp aame qtr net shr profit cts loss cts net profit loss revs mln mln mths shr profit cts profit cts net profit profit revs mln mln note qtr and mths includes gain dlrs cts per share and dlrs cts per share realized gains investments qtr and mths includes gain dlrs cent per share and dlrs cts per share realized gains investments qtr and mths includes charge cts per share strengthening reserve for casualty claims reuter 
earn	trinity industries inc trn qtr sept shr six cts cts net revs mln mln avg shrs mln mln six mths shr cts cts net revs mln mln avg shrs mln mln reuter 
earn	dart group drops dayton hudson takeover bid dart group corp darta affiliate madison partners that current market conditions dropped takeover bid for dayton hudson corp company sold mln mln shares dayton hudson stock intends sell rest dayton hudson shares current market levels suffer mln dlr aftertax loss holding spokesman dart will not solicit authorization call meeting dayton hudson shareholders dart had offered buy dayton hudson for dlrs per share valuing minneapolis based retailer billion dlrs that offer rejected company selloff takeover stocks last week and market decline this week dayton hudson stock closed today dart holdings amounted pct dayton hudson dart spokesman mln shares sold market today reuter 
acq	metropolitan mony make offer for metex metropolitan consolidated industries inc will make tender offer for outstanding shares common stock metex corp mtx not held option metropolitan for dlrs per share company offer will subject securing satisfactory financing metropolitan owns pct metex common and holds options purchase additional pct metex common stock metropolitan offer will made october reuter 
earn	bii enterprises bii mths aug net shr cts cts net mln mln sales mln mln note bii enterprises inc reuter 
crude	artillery shells fall kuwait border artillery shells exchange fire iran and iraq fell kuwait northern border tuesday caused casualties kuwait news agency kuna quoting defense ministry official rumors world oil markets tuesday that iran had fired shells oil camp northern kuwait retaliation for attacks iranian oil platforms gulf monday shells fell random manner northern border country official told kuna shells arose exchange fire iran and iraq wounded and losses diplomats shells nearby iran iraq warfront had past fallen northern kuwaiti desert senior kuwait petroleum corporation official had earlier told reuters unaware attack kuwaiti oil installations reuter 
earn	corp zro quarter net shr cts cts net revs mln mln six mths shr cts cts net revs mln mln avg shrs mln mln reuter 
earn	sealed air corp qtr net shr cts cts net revs mln mln mths shr dlrs dlrs net mln mln revs mln mln reuter 
trade	end additional sanctions japan united states lift additional mln dlrs trade sanctions japan this month reagan administration officials president reagan imposed mln dlrs sanctions japanese goods last april for failure honor agreement end dumping semiconductors and country markets and open home market goods move raised tariffs pct pct japanese color television sets hand held power tools and portable computers reagan lifted mln dlrs sanctions last june japan ended selling semiconductors market below production costs semiconductors small silicon chips used for memory and recall purposes wide variety computers administration officials commerce department monitors showed that japan ending dumping semiconductors countries had taking sales american made semiconductors likely mln dlrs sanctions lifted end month united states and japan remain odds opening closed japanese markets goods and japanese officials reviewed japan compliance agreement earlier this week periodic reviews continue and remaining sanctions stay force officials japan full compliance semiconductor agreement reuter 
earn	california bank cfbk qtr net shr cts cts net avg shrs mths shr dlrs dlrs net avg shrs assets billion billion deposits billion billion loans and leases billion billion reuter 
acq	trace products trce merger agreement suspended trace products inc stock swap merger agreement privately held central point software suspended indefinitely uncertainty stock market trace products manufactures diskette and tape duplication equipment for software publishers had earlier agreed acquire portland ore based central point for mln shares common stock reuter 
earn	rpc energy services inc res qtr sept shr profit cent loss cts net profit loss revs mln reuter 
earn	brenton banks brbk qtr oper net oper shr cts dlrs oper net mths oper shr dlrs dlrs oper net note results exclude extraordinary gain net loss carryforward dlrs cts qtr dlrs cts qtr and dlrs cts months results include mln dlr gain termination defined benefit pension plan reuter 
money-fx	reagan committed louvre accord president reagan united states remains committed louvre accord major industrial nations agreed stabilize currency exchange rates united states remains committed louvre agreement reagan statement meeting top economic advisers reagan united states japan and west germany had reaffirmed commitment coordinate economic policies reagan japanese prime minister designate noboru takeshita telephone conversation tuesday morning that takeshita top priority maintain stable economic relations united states reagan noted that treasury secretary james baker met west german financial officials and reaffirmed commitment louvre agreement reaffirmed agreement coordinate economic policies provide for inflationary growth and stable exchange rates reagan reuter 
acq	group lifts stake suave shoe swv pct shareholder group including entregrowth interational auckland zealand lifted stake suave shoe corp common stock shares pct total outstanding previous figure approximately shares pct filing securities and exchange commission group bought suave shoe common shares open market transactions october and dlrs dlrs share reason for purchases reuter 
earn	budget rent car corp bdgt qtr net shr cts cts net revs mln mln mths shr dlrs cts net mln revs mln mlln note resutls restated pro forma basis reflect comparable treatment budget leveraged buyout september and initial common stock offering reuter 
earn	uspci inc upc qtr net shr cts cts net revs mln mln mths shr cts cts net revs mln mln reuter 
earn	somerset bancorp inc somb qtr net net mths shr dlrs dlrs net assets mln mln note per shr data qtr not disclosed reuter 
earn	cpt corp cptc qtr sept loss shr loss cts loss cts net loss loss revs mln mln reuter 
earn	chariot group inc cgr qtr net shr cts two cts net revs mln avg shrs mths shr cts cts net revs mln mln note per shr data adjusted reflect pct stock dividend distributed qtr reuter 
earn	comshare inc csre qtr sept loss shr loss cts profit cts shr net loss profit revs mln mln reuter 
earn	marine corp mcrp qtr net shr dlrs dlrs net mln mths shr dlrs dlrs net mln mln assets billion billion deposits billion billion loans billion billion reuter 
acq	southland slc targeted sec investigation southland corp told securities and exchange commission ordered private investigation into southland stock trading and statements made company this year southland advised that commission issued private order investigation trading southland stock times and issuance public statements southland southland proxy statement shareholders southland not elaborate sec order investigation and company officials not reached for comment late tuesday sec long standing policy confirming denying existence investigations proxy statement filed securities and exchange commission required for november shareholders meeting called approve previously announced acquisition southland company controlled southland chairman john thompson and members family earlier this year group led thompson acquired majority ownership southland dlrs share tender offer for mln shares southland common stock merger approved common stock outstanding will converted into receive dlrs share cash fraction share preferred stock reuter 
earn	continental information systems cny qtr qtr ends aug shr cts cts net revs mln mln six mths shr cts cts net revs mln mln note full name company continental information systems corp reuter 
earn	family dollar stores inc fdo qtr aug shr cts cts net revs mln mln year shr cts dlrs net mln mln revs mln mln reuter 
earn	alfa corp alfa qtr net shr cts cts net revs mln mln mths shr cts cts net mln revs mln mln note per shr amounts giving retroactive effect for for split effected pct stock dividend paid june net includes net realized investment gains mths and qtr net includes net investment income mln mln mths and qtr reuter 
earn	invitron corp invn qtr sept net shr cts cts net revs note invitron public october reuter 
earn	squibb corp sqb qtr net shr dlrs cts net mln mln revs mln mln mths shr dlrs dlrs net mln mln revs billion billion note per shr amounts reflect for split shareholders record june for qtr and mths exchange rate fluctuations had favorable sales impact mln dlrs and mln dlrs net mths includes income discontinuing operations mln cts per shr and income mln dlrs cts per shr qtr reuter 
acq	edelman group committed telex bid tlx partners group led asher edelman not problems dlr per share bid for telex corp shearson lehman official advising group takeover proposals crumbled declines financial markets leading speculation that edelman drop offer telex fell earlier today carl icahn dropped bid trans world airlines inc twa private and dart group corp darta abandoned plans acquire dayton hudson corp cited market conditions nothing fundamental changed company stock price changed company hasn changed reason for change daniel good head shearson lehman merchant banking things proceeding planned and fully expect that time pay for shares financing will place good shearson agreed provide bridge financing mln dlrs for edelman group reuter 
earn	national corp cpn qtr net shr cts cts net revs mln mln mths shr dlrs dlrs net mln mln revs mln mln reuter 
earn	great american savings gta qtr net shr primary cts dlrs shr diluted cts cts net mln mln mths shr primary dlrs dlrs shr diluted dlrs dlrs net mln mln assets billion billion deposits billion billion loans billion billion reuter 
trade	canada seeks year farm reform plan canada will propose round international trade talks that trade distorting farm subsidies phased year period trade minister pat carney agricultural subsidies and trade barriers created vicious circle continues problems overproduction and low commodity prices carney told house commons carney outlining government position farm trade problem that tabled tuesday geneva multilateral talks gatt general agreement tariffs and trade details released carney government pressing for improvement market access and measures ensure countries not erect artificial barriers canadian proposal countries ensure that domestic policies and programs address specific farm sectors not distort trade government background paper assessing trade impact programs credit countries effectively control output farm products papers reuter 
earn	smithkline beckman corp skb qtr net shr dlrs cts net mln mln revs billion mln mths shr dlrs dlrs net mln mln revs billion billion avg shrs mln mln note results include mln dlr reduction operating income for relaunch contac reuter 
acq	commercial fcob acquire citizens bank commercial bancorp will acquire branch citizens bank roseville stock swap agreement will based citizens adjusted book year end and trading price commercial stock citizens book mln dlrs end quarter bank counsel guy gibson agreement citizens shareholders trade stock for year debenture issued commercial terms debenture not established reuter 
acq	united artists uaci suspends merger talks united artists communications inc and united cable television corp indefinitely suspended negotiations proposed merger companies previously announced companies cited combination extraordinary market conditions and unresolved terms merger contributing action reuter 
earn	dexter corp dex qtr net shr cts cts net mln revs mln mln months shr dlrs dlrs net mln mln revs mln mln reuter 
earn	washington mutual savings bank wamu qtr net shr cts cts net mths shr dlrs dlr net mln mln avg shrs mln mln assets billion billion deposits billion billion loans billion billion reuter 
earn	trinity industries inc trn qtr net sept end shr six cts cts net revs mln mln avg shrs six months shr cts cts net revs mln mln avg shrs reuter 
acq	southmark purchase national national storage sold storage facilities southmark corp for mln dlrs national developer storage space for business records purchase includes storage facilties national and southmark plan two year facility expansion program south florida and across country reuter 
money-fx	miyazawa strongly supports louvre accord 
trade	canadian israeli pacts spur trade trade representative clayton yeutter monday that free trade agreements canada and israel pave for liberalizing global trading system canadian and israeli pacts will not set back worldwide reform efforts general agreement tariffs and trade gatt critics feared gatt talks began year ago punta del este uruguay liberalize global trading system and include trade agriculture and services such banking yeutter made remarks israeli trade meeting marking second year bilateral accord canadian pact signed two sides two weeks ago approved congress and canadian parliament two free trade agreements fta gradually remove tariffs and barriers cross border trade goods and services yeutter aftermath canadian and israeli pacts countries realized that want continue access world largest market had improving gatt pact israel gradually increasing shipments ways and canadian pact will substantially increase gross national products countries yeutter canadian and israeli pacts serve important precedents for progress gatt yeutter increasing trade keys enhanced political and economic stability globe stronger gatt will enhance prosperity not for advanced industrial nations for countries that increase trade order standards living yeutter added important not risk progress made israeli and canadian trade pacts resorting protectionism referring trade legislation pending congress that force united states retaliatory actions nations large trade surpluses united states countries practiced unfair trade legislation prompted growing trade deficit that hit billion dlrs last year and rising yeutter pressures for congress act hard resist pending legislation undermine president reagan efforts liberalize world trade yeutter renewed threat white house veto president reagan will veto bill that contains flaws and that veto sustained reuter 
crude	arco arc chief sees energy crisis dwindling global crude oil reserves and lack major discoveries recent years will send world into energy crisis atlantic richfield chairman robert anderson come sooner thinks anderson told reporters addressing houston business lunch change world oil markets two years oil harder find anderson retired arco last year form hondo oil and gas world oil consumption approaching mln barrels day current excess capacity cushion mln barrels day will rapidly disappear you looked world you not scrape mln barrels day shut production middle east back and anderson predicted that world oil prices end dlrs barrel and continue gradual climb prices can stay flat isn supply major oil discoveries for past years alaska prudhoe bay oil reserves last major world discovery produced billion barrels oil half estimated reserves reuter 
crude	venezuela backs increase ecuador opec quota venezuela will back ecuador bid raise opec quota barrels per day bpd justifiable demand venezuelan energy minister arturo hernandez grisanti monday told reporters country deserved higher quota compensation for months forced suspend oil production main pipeline destroyed earthquake last march for this month period ecuador not exercise produce bpd recognize ecuador increase quota basis justice that country petition added quota increase gradual avoid harming market added hernandez grisanti understood ecuador formally submit request for higher quota ministerial conference organization petroleum exporting countries opec opening december vienna reuter 
earn	capitol bancorp capb qtr net shr profit dlrs loss dlrs net profit loss mths net profit profit note latest and prior month per share amounts not reuter 
earn	potash america inc mths loss shr loss dlrs nil net loss mln profit sales mln mln note per share payment preferred dividends reuter 
earn	jepson corp jeps qtr net shr cts cts net sales mln mln avg shrs mln mln mths shr cts cts net mln mln sales mln mln avg shrs mln mln note qtr per share reflects issuance two mln shares initial public offering mth results include extraordinary gain dlrs cts reuter 
acq	fitb merge and bancorp and and bancorp reached preliminary agreement merge and bancorp assets mln dlrs and parent company citizens heritage bank companies agreement calls for each mln shares and bancorp exchanged for share bancorp based financial expectations dilution per share earnings for merger will negligible reuter 
earn	banking center tbcx qtr net shr cts net mths shr cts net mln note year ago per share amounts not bank converted stock ownership august amounts include operations burgdoff realtors acquired december and operations reuter 
money-fx	lawson welcomes reaffirmation louvre accord chancellor exchequer nigel lawson welcomed monday reaffirmation and west germany louvre accord aimed stabilising currencies office lawson had welcomed outcome meeting treasury secretary james baker bundesbank president karl otto poehl and west german finance minister gerhard stoltenberg frankfurt meeting bonn finance ministry spokesman quoted stoltenberg confident that foreign currencies stabilised current levels meeting baker criticised west germany for increasing key interest rates not line last february louvre accord reuter 
earn	sun state savings sssl qtr net shr cts cts net avg shrs mths shr cts dlrs net avg shrs loans mln mln deposits mln mln assets mln mln note full name sun state savings and loan association reuter 
earn	california water service cwtr qtr shr dlrs dlrs net revs mln mln mths shr dlrs dlrs net revs mln mln note curent mth figures include mln dlr cts per share gain resulting change accounting method for unbilled revenues reuter 
acq	great atlantic gap withdraws dechamps bid great atlantic and pacific tea inc withdrew offer acquire delchamps inc dlch for dlrs share mln dlrs made earlier this month michael rourke and vice president company withdrew offer delchamps not respond favorably and market conditions not comment whether and make another offer acquire delchamps reuter 
earn	american fructose corp afc qtr net shr cts cts net revs mln mln mths shr cts cts net mln revs mln mln note qtr and mths includes loss dlrs and dlrs cts per share repurchase and retirment debt reuter 
acq	great atlantic and pacific tea withdrew offer buy delchamps inc 
ship	italy worried rising tension gulf attack italian prime minister giovanni goria told cabinet monday worried increased tension gulf america retaliation iran had limited statement issued cabinet meeting goria had informed united states that action iranian target gulf had not that action involve attack oil platform prime minister expressed concern consequences increased tension gulf time recognizing limited character american military reaction attacks suffered past days statement goria italy ships platform time attack and fleet had advised follow events caution italy ships including frigates and minesweepers gulf protect italian merchant shipping reuter 
earn	belo corp blc qtr net shr cts cts net revs mln mln avg shrs mln mln mths shr dlrs dlrs net mln mln revs mln mln avg shrs mln mln reuter 
acq	media general mega family wont sell shares media general inc chairman tennant bryant family not sell controlling share block impossible for investor group led giant group gain control company investor group includes barris industries brrs recently reported that acquired pct stake media general class shares and seek control bryant company class stock elects pct board remaining pct elected class shares two thirds controlled bryant family trust intention selling shares reuter 
money-fx	bonn confident maintaining currency stability treasury secretary james baker met west german finance minister gerhard stoltenberg and bundesbank president karl otto poehl frankfurt monday bonn finance ministry spokesman meeting spokesman quoted stoltenberg confident that foreign currencies stabilised current levels meeting baker criticised west germany for increasing short term money market interest rates had rise not line spirit louvre accord aimed stabilizing dollar last february meeting had arranged last week spokesman baker stoltenberg and poehl had agreed pursue policies agreed louvre pact reference currency stability and monetary policy earlier monday bundesbnak injected liquidity into west german money market move money market dealers interpreted attempt west german monetary authority curb interest rate rises spokesman described monday talks called private positive reuter 
crude	iran foreign minister tells cuba gulf situation iranian foreign minister ali akbar velayati two day official visit informed cuban foreign ministry officials monday tense situation gulf diplomatic sources envoy trip tuesday visit nicaragua linked mediation aligned movement year iran iraq war ruled prominent cuban role velayati not reached for comment attack abandoned iranian oil rig monday tehran vowed avenge reuter 
earn	cleveland cliffs inc clf qtr net shr loss cts loss dlrs net profit loss mln revs mln mln mths shr loss dlrs loss cts net loss mln loss mln revs mln mln note qtr includes loss mln dlrs recurring tax charges due almost company recent buyout tilden mine debt obligations mths includes loss mln dlrs pre tax charge reduce carrying company land drilling rigs mths includes pre tax gain mln dlrs sale uranium reserves mths includes pre tax gain mln dlrs sale iron ore interest western australia reuter 
earn	cade industries inc cade qtr net shr cts two cts net sales mln mln mths shr six cts cts net sales mln mln order backlog mln mln note figures include gain mln dlr cts share life insurance proceeds reuter 
earn	abitibi price inc aib qtr oper net oper shr cts cts oper net mln mln revs mln mln mths oper shr dlrs dlrs oper net mln mln revs billion billion note prior mths and qtr excludes loss mln dlrs due discontinued operations reuter 
acq	partnership increases gull gll holdings gary associates previously seek control gull inc increased stake gull common stock shares pct total outstanding previous figure approximately shares pct filing securities and exchange commission gary associates made net purchases gull common shares dlrs dlrs share gary associates made mention takeover attempt report sec reuter 
earn	signet banking corp sbk qtr net shr cts cts net mln mln avg shrs mln mln mths shr cts dlrs net mln avg shrs mln mln assets billion billion deposits billion billion loans billion billion reuter 
crude	unocal ucl raises crude oil posted prices unocal corp raised posted prices for grades crude oil cts barrel effective october move brings price company will pay for benchmark grade west texas intermediate and west texas sour dlrs barrel price last changed september unocal reuter 
earn	american management systems amsy qtr net shr cts cts net revs mln mln mths shr cts cts net revs mln mln note full name american management systems inc reuter 
acq	media general giant group affiliates pct class common stock 
money-fx	delors calls for meeting european community commission president jacques delors called for swift convening meeting countries instability today trading world money and stock markets told press conference meet discreetly and quickly delors dollar fall mark levels european monetary system undergo test fire delors current problems markets had caused excessive growth financial trading excessive deregulation and failure fundamentals world economy adapt quickly changing circumstances profoundly unjust blame recent increases west germany reuter 
money-fx	treasury baker meets west german minister treasury secretary james baker met west german finance minister gerhard stoltenberg and bundesbank president karl otto poehl today west germany and agreed support louvre pact treasury department treasury described meeting positive private meeting frankfurt west germany had agreed last week parties agreed continue economic cooperation louvre agreement and flexible application including cooperation exchange rate stability and monetary policies treasury treasury baker and stoltenberg consulting colleagues and confident that this will enable foster exchange rate stability current levels louvre pact agreement group leading industrial countries including united states and west germany promote currency stability baker scheduled visit scandinavia and belgium this week and department earlier refused release details travel itinerary citing security considerations reuter 
earn	scicom data scie qtr sept net shr cts cts net revs note full name scicom data services reuter 
earn	acc corp qtr net shr profit cts profit cts net profit profit revs mths shr loss cts profit cts net loss profit revs mln mln reuter 
earn	westport bancorp webat qtr net shr cts cts net mths shr cts dlrs net note company not provide assets deposits and loans figures reuter 
earn	gateway federal savings gatw qtr net shr cts not net not mths shr dlrs not net not note full name gateway federal savings and loan association latest qtr includes tax credit dlrs cents share latest mths includes tax credit dlrs dlrs figures not company public june reuter 
earn	kmw systems corp kmws qtr sept shr cts cts net revs note qtr includes gain dlrs cts per share tax gain reuter 
crude	arco arc raises crude oil postings cts atlantic richfield arco oil and gas increased contract prices for crude oil cts barrel effective today arco cts increase brings posted price for west texas intermediate benchmark grade dlrs barrel price west texas sour increased dlrs light louisiana sweet raised dlrs price last changed september reuter 
earn	polaroid corp prd qtr sept shr cts cts net mln mln revs mln mln mths shr dlrs dlrs net mln mln revs billion billion note net adjusted account for recent for split company common qtr includes cts per shr gain due net tax foreign currency exchange effect reuter 
earn	morrison knudsen corp mrn qtr loss oper shr loss dlrs profit cts oper net loss mln profit mln revs mln mln mths oper shr loss dlrs profit dlrs oper net loss mln profit mln revs billion billion note qtr and mths excludes loss mln dlrs dlrs per share and loss mln dlrs dlrs per share discontinued real estate operations qtr and mths include loss dlrs cent per share and gain dlrs cts per share discontinued operations reuter 
money-fx	treasury baker met west germany stoltenberg today agreed support louvre pact 
earn	westport bancorp webat qtr net shr cts cts net mths shr cts dlrs net note company not provide assets deposits and loans figures reuter 
crude	arco raises crude oil prices cts barrel today wti 
acq	pepsico unit pep lifts calny stake taco bell corp unit pepsico inc increased stake calny inc common stock shares pct total outstanding previous figure approximately shares pct filing securities and exchange commission taco bell bought calny common shares october and dlrs share reason for recent purchases reuter 
acq	macyro group myo buys companies groupe macyro inc agreed buy two quebec construction wholesalers nap dumont and nap transport cie for mln dlrs macyro two companies operate construction material electiricty plumbing hardware and locksmithing sectors and had sales mln dlrs last year reuter 
earn	cts corp cts qtr oper net oper shr profit cts profit cts oper net profit profit revs mln mln mths oper shr profit dlrs loss cts oper net profit loss revs mln mln note period ended september results exclude extraordinary gain net loss carryforward dlrs cts shr qtr and dlrs cts mths mth results exclude earnings discontinued operations dlrs dlrs reuter 
money-fx	german finance ministry confident maintaining currency stability current levels spokesman 
earn	amca international ail qtr loss shr loss two cts loss dlrs net profit loss mln revs mln mln mths shr loss cts loss dlrs net loss loss mln revs mln mln note full name amca international results dlrs latest qtr earnings include pension refund mln dlrs representing loss two cts per shr payment preferred dividends reuter 
earn	valley capital corp vccn qtr net shr dlrs cts net months shr dlrs dlrs net mln mln assets billion billion deposits billion billion loans mln mln reuter 
money-fx	german finance ministry confident maintaining currency stability current levels spokesman 
crude	military leader predicts iranian response william crowe chairman joint chiefs staff predicted iran will retaliate for strike oil platform iranian options limited will determined will not easily deterred and stress for you that commitment not risk free casualty free likely iranian response involve terrorism laying mines will for ways that line silent hand crowe told american stock exchange conference declined comment reporter query whether favored stronger move iran that ordered president carried operation that decided and carried enthusiasm and professionally and crowe reuter 
earn	specialty composites corp spcm qtr net shr cts cts net revs mths shr cts cts net revs note qtr and mths includes tax gain dlrs and dlrs qtr and mths includes tax gain dlrs and dlrs reuter 
earn	bulcan corp bul qtr net shr cts cts net revs mths shr cts dlrs net revs mln mln reuter 
earn	chemed corp che qtr net primary shr cts cts diluted shr cts cts net revs mln mln primary avg shrs diluted avg shrs months primary shr dlrs dlrs diluted shr dlrs dlrs net mln mln revs mln mln primary avg shrs diluted avg shrs note qtr results exclude extraordinary dlr gain termination pension plan month results include dlr gain june sale national sanitary supply common stock initial offering reuter 
earn	waltham corp wlbk qtr net shr cts cts net mths shr cts net assets mln mln loans mln mln deposits mln mln note mths per share not bank not convert stock form reuter 
earn	national banc commerce nbcc qtr shr cts cts net avg shrs mths shr dlrs dlrs net avg shrs reuter 
earn	edac technologies corp edac qtr net shr cts two cts net sales mln mln mths shr cts cts net sales mln mln order backlog mln mln note figures include life insurance proceeds mln dlr cts share reuter 
earn	autotrol corp autr qtr net shr profit cts loss cts net profit loss sales mths shr profit cts loss dlrs net profit loss sales mln mln note data restated reflect operations discontinued earnings exclude loss discontinued operations dlrs cts share quarter and dlrs cts share for months reuter 
earn	stratus computer inc stra qtr net shr cts cts net rev mln mln mos shr cts cts net rev mln mln reuter 
acq	gulf and western acquire british company gulf and western inc publishing unit simon and schuster agreed principle acquire woodhead faulkner publishers british based publisher professional and consumer books for undisclosed terms completion proposed transaction woodhead faulkner will become part simon and schuster international group includes simon and schuster trade books and prentice hall academic texts simon and schuster that woodhead faulkner will continue publish that name company will continue direction martin woodhead will report henry hirschberg president simon and schuster international group woodhead faulkner founded publishes international banking finance and investment books reuter 
earn	cnb bancshares inc cnbe qtr net shr cts cts net mths shr dlrs dlrs net reuter 
earn	national sanitary supply nssx qtr shr cts cts net revs mln mln avg shrs mths shr cts cts net revs mln mln avg shrs reuter 
earn	eastern utilities associates qtr net shr cts cts net mln mln revs mln mln avg shrs mths shr dlrs dlrs net mln mln revs mln mln avg shrs mths shr dlrs dlrs net mln mln revs mln mln avg shrs reuter 
trade	plan high level trade talks european community willing offer limited concessions united states two major issues threaten poison trade relations year commission spokesman offer made meeting this month trade representative clayton yeutter and external relations commissioner willy clercq farm commissioner frans andriessen told agriculture ministers meeting luxembourg that willing make temporary arrangements lighten impact exports plan ban sales meat animals fed growth hormones spokesman washington will trade reprisals proceeds ban january and european countries not quickly cut back sees unfair subsidies makers airbus airliner harming manufacturers claims hormones ban scientific basis and will rob mln dlrs worth exports year diplomatic sources yeutter clercq meeting will place london and will involve aerospace ministers france britain west germany and spain countries involved airbus project reuter 
acq	simon and schuster acquire woodhead faulkner for undisclosed terms 
acq	ccr video cccr gets offer takeover talks ccr video corp received offer enter into negotiations for intercep investment corp vancouver acquire controlling interest company tender offer ccr negotiations determine terms ccr board support intercep tender offer additional details not immediately reuter 
acq	ccr video sayst received offer negotiate takeover intercep investment corp 
acq	brown disc buy rhone poulenc rhon unit brown disc products inc unit genevar enterprises inc purchased ongoing business trademarks and assets rhone poulenc brown disc manufacturing unit for undisclosed terms rhone poulenc french based chemical company agreement rhone poulenc will supply magnetic tape and media products brown disc products reuter 
earn	consolidated freightways inc cnf qtr net shr cts cts net revs mln mln mths shr dlrs dlrs net revs billion reuter 
earn	rochester telephone corp rtc qtr net shr cts cts net mln revs mln mln mths shr dlrs dlrs net mln mln revs mln mln reuter 
earn	south carolina national corp scnc qtr shr cts cts net mln mln mths shr dlrs dlrs net mln mln assets billion billion loans billion billion deposits billion billion reuter 
earn	marine corp mcor qtr net shr cts cts net mths shr cts cts net note earnings per share reflect initial public offering common shares march and for stock splits january and june reuter 
crude	statoil awards veslefrikk oil field contracts norwegian state oil company den norske stats oljeselskap statoil signed contracts worth total billion norwegian crowns connection development veslefrikk oil field statoil moss rosenberg verft stavanger awarded contract convert drilling platform west vision floating production platform work completed summer aker verdal awarded contract for engineering purchasing and construction steel jacket for wellhead platform completed statoil reuter 
acq	treasury confirms sale ahead british treasury confirmed that sale british petroleum plc will ahead planned despite monday stock market crash forced below share set for billion stg issue government not terminating offer offer fully underwritten treasury spokesman issue remains open october fully underwritten last week issue price set shares closed share index crashed record points pct reuter 
earn	harman international hiii qtr sept shr cts cts net revs mln mln avg shrs note full name company harman international industries inc reuter 
money-fx	german banker calls for special monetary meeting finance ministers major industrial nations hold special meeting deal dollar sharp decline helmut geiger president west german savings bank association geiger told reuters finance ministers meet confidence building measures limit damage caused dollar fall separately geiger told bild newspaper interview released ahead publication tuesday that lower dollar had artificially talked officials damage west german exports and cost jobs reuter 
earn	banking center tbcx qtr net shr cts net months shr cts net mln assets billion billion deposits mln mln note company converted stock savings bank aug results include operations realtech realtors acquired results include operations burgdorff realtors acquired december cornerstone mortgage acquired july centerbank mortgage acquired july and center capital corp formed august reuter 
acq	calmat czm sues industrial equity calmat filed suit los angeles superior court industrial equity pacific affiliates and ronald langley president industrial equity north american operations company sut charges that langley missapropriated material public information acquired capacity calmat director and used information for benefit industrial equity recent amendment schedule industrial equity owned pct calmat stock october calmat industrial stated that intends pursue business combination future reuter 
trade	reagan calls for vigilance exports president reagan commerce department vigilant preventing flow strategic technology reaching soviet union and communist countries speaking swearing william verity secretary commerce department verity make that militarily sensitive high technology not wind communist nations reduce list products nontechnological nature thereby allowing manufacturers increase exports and jobs reuter 
earn	watts industries inc watta qtr sept shr cts cts net sales mln mln avg shrs mln mln reuter 
earn	moniterm corp mtrm qtr oper net oper shr profit cts nil oper net profit profit sales mths oper shr profit cts loss cts oper net profit loss sales mln note earnings exclude gains utilization tax loss carryforwards dlrs cts share quarter and dlrs cts share for months reuter 
earn	erie lackawanna inc erie qtr net shr dlrs dlrs net total income mths shr dlrs dlrs net total income reuter 
earn	quantum corp qntm qtr sept net shr cts cts net sales mln mln six mths shr six cts cts net sales mln mln reuter 
earn	termiflex corp tflx qtr sept net shr cts cts net sales note backlog mln dlrs june reuter 
acq	durakon drkn make acquisition durakon industries inc entered into definitive agreement acquire dfm corp maker bug and gravel protective shields for trucks and cars for undisclosed amount cash and debentures retroactive september reuter 
acq	atlantis agh bid for charter crellin crtr atlantis group inc bought shares charter crellin inc common stock pct total outstanding and seek control negotiated transaction filing securities and exchange commission atlantis informally discussed business combination charter crellin management company not held negotiations charter crellin and not intend initiate discussions pending development specific proposals atlantis will continue purchase additional charter crellin shares private open market transactions depending range factors including market price stock atlantis bought charter crellin common stock open market transactions september and october dlrs dlrs share for total mln dlrs reuter 
acq	allwaste alws make acquisition allwaste inc agreed principle acquire privately held firm that performs interior cleaning services for tank trailers for common shares firm not name earned dlrs pretax for mons company closing expected october reuter 
earn	travelers real estate trat qtr net shr cts cts net revs mths shr cts cts net revs note full name travelers real estate investment trust reuter 
earn	york times nyt qtr net shr cts cts net mln mln revs mln mln months shr dlrs dls net mln mln revs billion billion reuter 
earn	safeguard health sfgd qtr net shr cts cts net revs mln mln mths shr cts cts net revs mln mln note full name safeguard health enterprises inc reuter 
acq	henley heng ends talks sante henley group inc ended talks sante southern pacific corp acquisition sante southern pacific transportation subsidiary company reviewing investment santa southern pacific light sante announcement that recieved bids ranging mln dlrs billion dlrs for southern pafific transportation subsidiary henley held discussions sante acquisition henley bankers leasing and financial corp and sante transportation and real estate assets henley began talks sante announced restructuring program august previously disclosed henley made filings hart scott rodino antitrust improvement acts permit henley increase investment sante pct outstanding common stock pct henley that depending prevailing conditions including price and availability sante stock substantial developments affecting sante investment and business opportunities henley henley additional sante shares sell part investment sante reuter 
earn	mercury savings and loan msl qtr loss shr loss cts profit cts net loss profit mths shr profit cts profit dlrs net profit profit note full name mercury savings and loan association reuter 
earn	burnham service corp bsco qtr net shr cts cts net revs mln mln mths shr dlrs cts net revs mln mln reuter 
acq	texas american bancshares txa sell unit texas american bancshares inc agreed sell texas american bank levelland unit american bancorp inc for mln dlrs cash texas american regulatory approval ofthe transaction expected december and sale will close shortly thereafter once sale completed unit name will change american bank texas unit reported total assets mln dlrs juen reuter 
acq	supermarkets general sgl sells drug stores supermarkets general corp agreed sell super drug stores and distributors existing and two unopened stores located maryland virginia and upstate york and operated pathmark super drug trade name company terms transaction not disclosed existing stores generated approximately mln dlrs supermarkets general total sales billion six month period ended aug and distributors operates discount drug stores michigan ohio illinois indiana and wisconsin reuter 
earn	erc international inc erc qtr net shr cts cts net revs mln mln mths shr cts cts net revs mln mln note qtr and mths include loss dlrs cts per share and loss dlrs cts per share discontinued operations reuter 
earn	painewebber group inc pwg qtr net shr cts cts net mln mln revs mln mln avg shrs mths shr dlrs dlrs net mln mln revs billion billion avg shrs reuter 
crude	venezuela opec oil output ver mln bpd caracas oct current opec oil production mln barrels per day bpd and this level threatens precarious equilibrium oil market venezuelan energy and mines minister arturo hernandez grisanti monday told reporters countries opec members responsible for overproduction declined identify opec production ceiling for second half mln bpd venezuelan minister opec production reached peak this year mln bpd august hernandez grisanti together oil ministers nigeria and indonesia met heads state six mideast gulf countries earlier this month urge opec members comply assigned production quotas countries complying venezuela indonesia libya algeria ecuador saudi arabia and iran hernandez declined whether countries overproducing bordered mideast gulf reuter 
acq	atlantis group tells sec seeks negotiated purchase charter crellin 
acq	dynascan dyna completes management buyout dynascan corp completed sale industrial electronic products group and expects recognize mln dlr pretax gain transaction fourth quarter group sold october for mln dlrs maxtec international corp privately held company created company management team purchase price mln dlrs cash and mln dlrs year notes warrants buy pct stock maxtec dynascan group projected provide pct consolidated sales reuter 
acq	henley group reviewing investment santa southern pacific 
acq	henley group ended talks buying southern pacific santa southern 
acq	renta inmobiliaria seeks cannon group can assets spanish property firm renta inmobiliaria negotiating buy property assets media company cannon group inc can renta finance director jose luis sanchez sanchez told reuters that renta chairman juan antonio robles negotiate deal declined give details interpart luxembourg based holding company chaired italian financier giancarlo paretti payed billion pesetas july acquire pct stake renta inmobiliaria spanish daily newspaper pais cannon property assets sought renta included elstree film studios britain and chain movie theaters europe and reuter 
crude	southland slc unit raises crude oil prices citgo petroleum corp subsidiary southland corp raised contract price will pay for grades crude oil cts barrel effective oct increase brings citgo postings for west texas intermediate and west texas sour grades dlrs barrel light louisiana sweet priced dlrs citgo last changed crude oil postings sept reuter 
acq	group sells stake ccx inc ccx shareholder group including hills attorney natalie koether reduced stake ccx inc common stock shares pct company common stock outstanding previous stake ten pct filing securities and exchange commission group sold ccx common shares october dlrs share group gave reason for sales reuter 
acq	orion pct twin disc tdi stake orion capital corp acquired shares twin disc inc common stock pct company common stock outstanding filing securities and exchange commission orion capital stock represents favorable investment opportunity current market prices open market transactions august and october orion capital subsidiary bought twin disc common shares dlrs dlrs share entire pct stake purchased cost mln dlrs orion capital told sec reuter 
crude	venezuela sees oil stability despite gulf attack venezuelan energy minister arturo hernandez grisanti foresaw market stability price crude despite growing tension gulf augmented military attack iranian oil platform told news conference market continues stable despite military action gulf reuter 
earn	european american bancorp qtr net net mths net mln mln note company owned consortium european banks reuter 
acq	northeast savings nsb adopts rights plan northeast savings board adopted shareholder rights plan designed protect company coercive takeover tactics and bids not fair sharholders plan board declared dividend share purchase for each northeast common shares held record november two company initially rights not exerciseable rights certificates not distributed and rights automatically trade northeast shares company days acquisition pct northeast common shares shares days commencement tender offer for pct northeast shares rights will become exerciseable and separate rights certificates will distributed company rights will entitle holders northeast common shares purchase additional shares exercise price dlrs share company company that event triggering events described rights plan holders rights acquiring person will entitled acquire northeast common shares market twice current exercise price rights event northeast enters into business combination transactions holders rights will provided acquire equity securities acquiring entity market twice current exercise price rights company northeast will entitled redeem rights cent per occurence events reuter 
earn	kaufel group kfl qtr aug net shr cts cts net mln mln revs mln mln mths shr cts cts net mln mln revs mln mln avg shrs mln mln reuter 
acq	national guardian natg acquires alarm firm greenwich conn national guardian corp acquired pacific fire extinguisher specializes installation fire and burglar alarms operations acquired transaction total revenues excess mln dlrs company separate announcement company expects record revenues approximately mln dlrs for for company had revenues mln dlrs national guardian revenues for six months approximately mln dlrs compared mln dlrs year ago period reuter 
acq	ccr video cccr talks acquired ccr video corp received offer enter into negotiations for intercep investment corp acquire controlling interest tender offer company negotiations determine terms ccr board directors support intercep tender offer gave details reuter 
earn	boston inc fbc qtr net shr primary dlrs cts shr fully diluted dlrs cts net mln mln revs mln mln mths shr primary dlrs dlrs shr fully diluted dlrs dlrs net mln mln revs billion mln reuter 
acq	willis faber not selling morgan grenfell stake willis faber plc pct holding stockbrokers morgan grenfell group plc mgfl not for sale insurance broker issued statement reply recent press speculation part inaccurate and undesirable willis faber not received offers for stake morgan grenfell adding that offer considered merits willis faber stake morgan grenfell successful investment reuter 
earn	travelers realty income triis qtr net shr cts cts net revs mths shr cts dlrs net revs note full name trust travelers realty income investors reuter 
earn	society for savings bancorp socs qtr shr cts cts net mths shr dlrs dlrs net mln mln assets billion billion deposits billion billion note mths includes gain dlrs cts per share utilization prior year net operating loss carryforwards note qtr and mths include loss dlrs cent per share unspecified extraordinary item qtr and mths includes gain dlrs cts per share and dlrs cts per share utilization net operating loss carryforwards full name company society for savings bancorp inc reuter 
earn	progressive bank inc psbk qtr net shr cts cts net mths shr dlrs dlrs net reuter 
earn	washington water power wwp qtr loss shr loss cts profit two cts net loss profit revs mln mln mths shr profit cts profit dlrs net profit mln profit mln revs mln mln reuter 
earn	bellsouth corp bls qtr net shr cts cts net mln mln revs billion billion mths shr dlrs dlrs net billion billion revs billion billion avg shrs mln mln note share adjusted for for two stock split february reuter 
earn	rte corp rte qtr net shr profit cts loss cts net profit loss sales mln mln mths shr profit dlrs profit cts net profit profit sales mln mln note figures include mln dlr cts share charge for electronics restructuring and mln dlr charge early retirement mln dlrs long term notes reuter 
earn	comerica inc cmca qtr net shr dlrs dlrs net mths shr dlrs dlrs net assets billion billion deposits billion billion loans mln mln reuter 
earn	joseph light saj qtr net shr cts cts net revs mln mln mths shr dlrs dlrs net revs mln mln note per share adjusted for for two stock split effective june joseph light and power full name company reuter 
earn	trw inc trw qtr net shr dlrs cts shr diluted dlrs cts net mln mln sales billion billion mths shr dlrs dlrs shr diluted dlrs dlrs net mln mln sales billion billion avg shrs mln mln avg shrs diluted mln mln reuter 
money-fx	balladur urges respect louvre accord french finance minister edouard balladur group industrial countries respect pledges monetary policy made february louvre accord currency stability strengthen cooperation major industrial countries and remind ourselves pledges made louvre told journalists not simply pledges maintain currency stability conduct type economic and monetary policy added reuter 
grain	soviet grain target output recent announcements moscow year grain production targets that soviets estimating this year grain crop mln tonnes agriculture department analysts usda projecting soviet crop mln tonnes earlier estimates soviet officials that grain crop match record mln tonnes moscow outlined economic targets for monday putting grain harvest goal mln tonnes analyst soviet agriculture usda noted that recent article izvestia soviet grain production planned mln tonnes expected this year this that estimate for mln tonne grain crop analyst calculating moscow crop estimate usda used mln tonne production goal mln tonne figure published soviet economic journal this month usda production estimate mln tonnes reflects range mln tonnes usda source late season rains damaged soviet crops slowed harvest progress and lowered soviet production analysts earlier this month soviet agriculture official viktor nikonov predicted that grain crop good last year mln tonne harvest member nikonov party commented that mln tonnes grain fields harvest problems bring final crop mln tonnes reuter 
interest	canada mln dlr bill issue yield average pct official 
money-fx	fed johnson louvre accord vital federal reserve board vice chairman manuel johnson louvre accord healthy united states and west germany work differences respective roles fulfilling accord louvre accord worked terms stabilizing exchange rates response question american stock exchange conference exchange rates stable result accord reuter 
acq	hanna hnm acqure pms consolidated hanna reached definitive agreement purchase pms consolidated privately owned manufacturer colorants for plastics industry hanna purchase subject conditions scheduled close end october hanna announced last august that negotiaitons purchase company headquartered somerset pms reported mln dlrs revenues last fiscal year ended reuter 
crude	ample supplies limit strike oil price impact ample supplies opec crude weighing world markets helped limit and reverse oil price gains that strike iranian oil platform gulf earlier monday analysts december loading rose dlrs cents falling unchanged last friday fundamentals awful philip lambert analyst stockbrokers kleinwort grieveson adding that total opec production week october mln bpd changed september levels peter nicol analyst chase manhattan bank opec production mln october reuter and international energy agency iea estimates put opec september production mln bpd attack retaliation last friday hit kuwaiti oil products tanker flying flag sea isle city struck missile believed iranian kuwaiti waters and hit flag commercial vessel year iran iraq war owned liberian flag tanker sungari hit area thursday believed struck iranian missile refiners not significant purchasers physical oil monday result increased gulf tension attack analysts closure strait hormuz mln bpd passes isnlikely not interests iran threat oil supplies stem increase number tanker attacks part widening gulf hostilities analysts strike limited reply iranian missile attacks describing responsible geoffrey pyne analyst stockbrokers phillips and drew impressed sensible response thought carefully correspond iranian agression proved iranians that action will met for response today action not escalatory pyne kleinwort grieveson lambert strike responsible retaliation apparently indicating iran that increase severity attacksf iran chose raise level conflict chase manhattan nicol view unable had achieved arab states such kuwait and saudi arabia interests supposedly defending will feel secure result attack and fear sort iranian retaliation initial upward market move this morning reflected strong speculative reaction rumours attack thought stage iranian missile launchers faw peninsula close kuwait analysts downtrend confirmation navy attack iranian oil platform defence secretary caspar weinburger market operators evaluate situation gulf basis confirmed fact and finding thought profits taking prices lower analysts and traders reuter 
earn	total research corp fiscal net june end shr cts net revs avg shrs reuter 
acq	communications and cable ccab buys stake communications and cable inc acquired pct outstanding shares imnet corp privately owned company that designs makes and services proprietary image storage and retrieval systems terms not disclosed reuter 
acq	baltek btek buys ecuadorian plant baltek corp acquired shrimp packing plant ecuador for undisclosed terms company acquisition will result tripling ecuadorian shrimp sales mln pounds annually reuter 
earn	gendex corp xray qtr sept net shr cts six cts net sales six mths shr cts cts net sales avg shrs mln mln note net includes tax credits equal cent quarter and two cts six months reuter 
earn	ben and jerry homemade inc bjic mths shr cts cts net sales mln mln note company released results connection filing for class common stock offering reuter 
money-fx	balladur urges respect louvre accord french finance minister edouard balladur group industrial countries respect pledges monetary policy made february louvre accord currency stability strengthen cooperation major industrial countries and remind ourselves pledges made louvre told journalists not simply pledges maintain currency stability conduct type economic and monetary policy added balladur comments treasury secretary james baker sunday that examine louvre accords light rise west german short term interest rates balladur main architects louvre accord and invested considerable political capital defending reuter 
acq	banctexas btx sell affiliate banctexas group inc signed definitive agreement sell banctexas sulphur springs affiliate group local investors led gene watson for cash amount equal book time sale subject regulatory approvals unit had assets mln dlrs september banctexas plans concentrate primary market dallas area reuter 
earn	talman home federal tlmn qtr oper net oper shr cts not oper net mths oper shr cts not oper net assets billion billion loans billion billion deposits billion billion note operating net excludes tax credits mln dlrs cts share quarter and mln dlrs cts months period months operating net excludes prepayment penalties early retirement loans dlrs talman home federal savings and loan association chicago full name company reuter 
acq	allwaste alws acquire firm allwaste inc entered into agreement principle buy tank cleaning privately held company that cleans tank trailers exchange for mln shares allwaste common allwaste that tank cleaning earned mln dlrs taxes last year and had mln dlrs pre tax income for months ended september reuter 
earn	northeast savings nsb qtr net loss shr loss dlrs profit dlrs net loss profit six mths shr loss cts profit dlrs net profit profit mln assets billion billion deposits billion billion loans billion billion note six mths per share includes preferred stock dividend payments reuter 
earn	marine corp mcor qtr net shr cts cts net mths shr cts cts net reuter 
money-fx	fed johnson louvre accord alive cites german differences 
money-fx	balladur urges respect pledges monetary policy louvre accord 
earn	pioneer standard electronics inc pios qtr periods ended september oper shr cts six cts oper net sales mln mln half oper shr cts cts oper net sales mln mln note operating net excludes losses discontinued operations dlrs cts share quarter and dlrs cts share half reuter 
earn	citizens financial group inc citn qtr shr cts cts net mths shr dlrs dlrs net mln mln assets billion billion note prior year amounts restated reflect for stock split effective reuter 
earn	irwin magnetic systems inc irwn qtr net period ended sept shr cts cts net sales mln mln avg shrs note figures include tax credits dlrs cts share reuter 
grain	senate panel votes limit county loan rate starting crops 
earn	bench craft inc sofa qtr net shr cts cts net sales mln mln mths shr cts cts net sales mln mln note share adjusted for for two stock split february reuter 
earn	cityfed financial corp ctyf qtr loss shr primary loss cts profit cts shr fully diluted loss cts profit cts net profit profit mln mths shr primary profit cts profit dlrs shr fully diluted profit cts profit dlrs net profit mln profit mln assets billion billion deposits billion billion loans billion billion note mth figures include gain dlrs cumulative effect accounting change qtr and mth figures include gain mln dlrs sale real estate investment property qtr and mths earnings per share reflect payment dividends company two series preferred stock amounting mln dlrs reuter 
earn	caterpillar inc cat qtr net shr profit dlrs loss cts net profit mln loss mln revs billion billion mths shr profit dlrs profit dlrs net profit mln profit mln revs billion billion reuter 
earn	dense pac microsystems inc dpac qtr period ended august shr profit loss net profit loss sales avg shrs six mths shr nil loss cts net profit loss sales avg shrs reuter 
earn	newhall investment properties nip qtr shr dlrs cts net mths shr dlrs dlrs net mln mln note current quarter figures include gain mln dlrs property sales gain mln prior year quarter current month figures include gain mln dlrs property sales gain mln dlrs reuter 
earn	aspen ribbons inc arib qtr net sept shr cts cts net revs reuter 
earn	lsi lighting systems inc lyts qtr net qtr ends september shr cts cts net revs reuter 
trade	house speaker denies trade bill hurt stocks house speaker jim wright dismissed charges that trade bill congress contributed fall stock prices wall street that utterly ridiculous texas democrat told reporters treasury secretary james baker and administration officials weekend pointed pending legislation brand protectionist key factor record setting drop reuter 
earn	roto rooter inc roto qtr net shr cts cts net revs mln mln mths shr cts cts net revs mln mln reuter 
earn	city savings bank meriden csbm qtr shr cts not net mths shr dlr not net note company public september reuter 
earn	home federal savings bank georgia hfga qtr net shr cts cts net mths shr cts dlrs net reuter 
earn	international telecharge inc itil qtr shr loss cts loss cts net loss loss revs avg shrs mths shr loss cts loss cts net loss loss revs avg shrs reuter 
earn	spectramed inc spmd qtr net shr profit cts net profit profit sales mln mln mths shr loss net loss protit sales mln mln note current month figures include extraordinary loss mln dlrs cts per share resulting costs associated restructuring prior quarter and month per share figures not applicable company began operations october acquisition gould inc gld medical products group reuter 
earn	inc marc qtr sept net shr cts cts net revs mln mln avg shrs half shr cts cts newt revs mln mln avg shrs reuter 
earn	chambers development inc cdv qtr net shr cts cts net revs mln avg shrs mln mths shr cts cts net revs mln mln avg shrs mln reuter 
earn	voplex corp vot qtr loss shr loss cts loss cts net loss loss revs mln mln mths shr profit six cts loss cts net profit loss revs mln mln reuter 
crude	security council calls talks gulf attack security council called private meeting monday for consultations united states attack iranian oil platform meanwhile spokesman that knew report council and secretary general javier perez cuellar action had not received americans washington president reagan united nations informed attack provision charter notification actions defense spokesman francois giuliani perez cuellar had comment attack response iranian action american owned tanker last week find happened calls iran commission elicited response reuter 
earn	united savings and loan unsa qtr net sept shr cts net six months shr cts net assets mln mln deposits mln mln loans mln mln reuter 
acq	baring unit sets fund for management buy outs baring capital investors bci unit merchant bank baring brothers and raised mln european currency units ecus will invested management buy outs and development capital opportunities and continental europe funds raised bci such fund baring euaring european capital trust investors european countries expects raise another mln ecus french fund and fund for investors bci set last year baring brothers advise buy and development capital investors bci fund structured guernsey based unit trust will listed luxembourg stock exchange will advised bci and managed company owned jointly barings and management bci individual investments expected range and mln ecus and likely concentrated germany and france bci aims invest established companies principally family companies succession issues and corporate spin offs reuter 
money-fx	fighting currency pact international monetary officials will rush paper deep cracks that appeared louvre accord currency stability prevent dollar free fall and calm turmoil world capital markets economists and currency traders don louvre dead breaks acrimonious potential outcome rout dollar higher interest rates and collapsing stock markets group interest calm things douglas madison corporate trader bankamerica corp weekend television interview treasury secretary james baker sharply criticised recent rise west german money market rates and month louvre pact foster exchange rate stability reviewed comments rocked currency markets and helped send fragile and overseas stock markets into tailspin dollar lost two pfennigs marks and yen yen dow jones industrial average slumped points stage and treasury bonds dropped points reuter 
earn	tons toys inc tons qtr aug loss shr loss cts loss cts net loss loss sales avg shrs reuter 
earn	anchor financial corp afcx qtr net shr cts cts net mths shr cts dlrs net note share reflects issuance common shares december reuter 
earn	photronics corp phot half aug net shr cts cts net sales avg shrs reuter 
earn	hometown bancorp inc htwn qtr net shr profit cts profit cts net profit profit mths shr profit cts loss cts net profit loss avg shrs reuter 
earn	fidelity federal savings and loan ffed shr cts cts net mths shr cts dlrs net note mths net includes loss dlrs sale securities and recurring charge dlrs for write fslic secondary reserve reuter 
acq	crazy eddie crcy won oppose slate crazy eddie inc board will not oppose slate nominees proposed for election board committee led entertainment marketing inc and oppenheimer palmieri fund crazy eddie board not endorsing will simply refrain opposing emi palmieri nominees board will representatives committee restore shareholder begin acquainting business and affairs company promptly that end committee representatives will invited advance annual meeting examine company financial records monitor operations and join company officers meetings company suppliers bankers and key personnel crazy eddie board that continue oppose emi palmieri group increase expenses company create uncertainty suppliers customers and employees and result deterioration moral company personnel release company will follow reuter 
earn	horizon bancorp hzb qtr net shr dlrs cts net mln mths shr dlrs dlrs net mln mln reuter 
earn	society for savings bancorp inc socs qtr hartford conn oct shr cts cts net mths shr dlrs dlrs net mln mln reuter 
earn	acc corp qtr net shr profit cts profit cts net profit profit revs avg shrs mths shr loss cts profit cts net loss profit revs mln mln avg shrs reuter 
earn	union real estate investments fur net qtr oper shr cts cts oper net revs mln mths oper shr cts cts oper net mln mln revs mln mln note net excludes capital gains dlrs dlrs quarter and dlrs dlrs mths reuter 
earn	federal mogul corp fmo qtr net shr cts cts net sales mln mln mths shr dlrs dlrs net mln mln sales mln mln note qtr results include extraordinary loss extinguishment debt dlrs cts shr reuter 
earn	usacafes usf qtr net shr cts cts net revs chainwide sales mln mln mths shr dlrs cts net revs mln mln chainwide sales mln mln avg shrs reuter 
earn	acme electric corp ace qtr oct two shr cts cts qtly div cts cts net revs mln mln note qtr adjusted for pct stock dividend pain march qtly dividend payable december shareholders record november reuter 
earn	nbi inc nbi qtr loss sept end shr loss cts loss cts net loss loss revs mln mln avg shrs note quarter results include gain repurchase debentures that had discounted below market reuter 
earn	avx corp avx qtr oct net shr profit cts profit cts net profit profit revs mln mln avg mln mln mths shr profit cts loss cts net profit mln loss revs mln mln avg shrs mln mln reuter 
earn	stratus computer inc stra qtr net shr cts cts net revs mln mln mths shr cts cts net mln revs mln mln reuter 
acq	sosnoff reduces caesars world caw stake york investor martin sosnoff reduced stake caesars world inc common stock shares pct company common stock outstanding pct sosnoff unsuccessfully acquire caesars world earlier this year filing securities and exchange commission that sold caesars world shares october and dlrs dlrs share sosnoff holds caesars world stock primarily for investment purposes reserves alter intentions time reuter 
acq	crazy eddie inc won oppose slate entertainment marketing 
earn	myers industries inc mye qtr net shr cts cts net revs mln mln mths shr cts cts net revs mln mln note earnings per share adjusted for for stock split distributed september reuter 
earn	victoria banckshares inc vict qtr net shr profit two cts loss dlrs net profit loss mln mths shr profit cts loss dlrs net profit loss mln reuter 
earn	interstate securities inc qtr sept shr cts cts qtly div cts cts prior net revs mln mln year shr cts dlrs net revs mln mln note qtly div payable december shareholders record november reuter 
earn	pancho mexican buffet inc pamx qtr net sept end shr cts cts net vcs revs mln mln avg shrs year shr cts cts net revs mln mln avg shrs fiscal net periods includes charge dlrs adjust premium reserves for workers compensation and liability insurance claims reuter 
earn	franklin electric inc fele qtr net shr cts cts net sales mln mln mths shr dlrs dlrs net sales mln mln note tax credits added cts quarter net and cts months net compared credits cts and cts respective periods reuter 
earn	altus bank alts qtr net oper shr cts cts oper net mths oper shr dlrs dlrs oper net note operating net excludes extraordinary gains dlrs cts share dlrs cts share quarter and dlrs cts share dlrs cts share months reuter 
earn	kennametal inc kmt qtr sept net shr cts cts net sales mln mln avg shrs mln mln reuter 
earn	computer consoles inc ccs qtr net oper shr profit cts profit cts oper net profit profit revs mln mln avg shrs mln mln mths oper shr profit cts loss cts oper net profit loss revs mln mln avg shrs mln mln note net excludes tax credits dlrs quarter and dlrs mths net perioods includes charge mln dlrs restructuring computer products division reuter 
earn	omnicare inc ocr qtr net shr profit cts loss net profit loss revs mln mln mths shr profit cts profit cts net profit profit revs mln mln note qtr net includes tax charge dlrs for sale reliacare inc mths net includes charge dlrs cts share for sale reliacare and inspiron hospital products division mths net includes aftertax earnings dlrs dlrs share for american medical international inc ami contracts expired july reuter 
earn	dime savings bank dime qtr net shr dlrs net mln mln mths shr dlrs net mln mln assets billion billion deposits billion billion loans billion billion note full name dime savings bank york per share figures not bank converted stock form august qtr and mths includes gain mln dlrs and mln dlrs utilization net operating loss carryforwards qtr and mths includes gain mln dlrs and mln dlrs utilization net operating loss carryforwards qtr and mths includes charge dlrs for early extinguishment debt net tax benefit reuter 
acq	hal roach hrsi robert halmi rhi merge robert halmi inc and hal roach studios inc signed definitive agreement merge stock swap mln dlrs based october closing prices company agreement calls for holders common stock hal roach exchange shares for basis for shares combined company holders robert halmi common will exchange shares two and half for basis for shares combined company company swap will tax free company qintex pct owner hal roach common stock agreed use company exclusive vehicle for media and entertainment investments company company qintex subsidiary agreed supply minimum mln dlrs line credit company used qintex approval for financing hri products company that definitive agreement qintex division will purchase pct company open market private transactions tender offer will not purchasing warrants bring ownership pct company qintex subsidiary not achieved this ownership year completion merger subsidiary will two years thereafter request that hri commence rights offering hri stockholders company potential rights offering qintex subsidiary will act standby purchaser company transaction subject approval company shareholders receipt tax approvals and continued employement robert halmi and robert halmi company robert halmi chairman and chief executive officer robert halmi inc will chairman company and david evans current president and chief operating officer hal roach will become chief executive company reuter 
earn	piccadilly cafeterias inc picc qtr net sept end shr cts cts net sales mln mln reuter 
acq	system software ssax completes acquisition system software associates inc completed previously announced acquisition admin edp pty for cash and small amount stock admin edp sydney australia full service software sales and services firm reuter 
earn	michigan bancorp fmbc qtr net shr cts cts net mths shr dlrs dlrs net reuter 
earn	countrywide transport cwts qtr net shr cts cts net revs mln mln avg shrs mths shr cts cts net revs mln mln avg shrs note full name countrywide transport services inc reuter 
earn	software services america inc ssoa net shr cts cts net revs reuter 
earn	keycorp key qtr net shr cts cts net mln mln avg shrs mln mln mths shr dlrs dlrs net mln mln avg shrs mln mln note previously reoprted amounts restated for earnings northwest bancorp acquired pooling interests july reuter 
earn	allied signal inc ald qtr oper net oper shr dlrs cts oper net mln mln revs billion billion mths oper shr dlrs dlrs oper net mln mln revs billion billion note qtr and mths includes tax mln dlr cts share gain for increase equity union texas petroleum holdings inc for initial public offering mths net includes tax gain mln dlrs cts share sale remaining interest henley group inc and related transactions partly offset tax loss mln dlrs cts share for repurchase high coupon bonds mths excludes mln dlrs for estimated net gain disposal discontinued operations march including linotype group amphenol products ampex corp amounts restated exclude sales and expenses discontinued operations qtr and mths oper net excludes operating income mln dlrs and and mln dlrs for discontinued operations mths includes mln dlrs cts share tax gain for reversion surplus pension funds end and quarter average shares outstanding mln and mln outstanding deducting dividends accured preferred stock end and mth period average shares mln and deducting for preferred stock dividends reuter 
acq	corby distilleries cdl buy heublein unit corby distilleries agreed buy toronto based mcguinness distillers heublein inc for mln dlrs move corby expects add significantly domestic earnings heublin subsidiary grand metropolitan plc gmhl corby mcguinness will remain seperate business unit seperate sales force mcguinness markets liquers brandy and liquors and entered fast expanding wine cooler market corby corby expects benefit mcguinness succesfull introduction schnapps and coolers and strength traditional market sectors heublein sale not include mcguinness calona wines canadian wine company heublein will represented canada gilbey canada inc reuter reuter 
earn	burr brown corp bbrc qtr net shr cts cts net sales mln mln mths shr cts cts net sales mln mln reuter 
earn	temple inland inc tin qtr net shr dlrs dlrs net mln mln revs mln mln mths shr dlrs dlrs net mln mln revs billion mln reuter 
earn	universal furniture ufurf qtr net shr cts cts net revs mln mln months shr cts cts net mln mln revs mln mln note share and per share data adjusted reflect pct stock dividend distrition april and public offier two mln shares ofthe company june reuter 
earn	schulman inc shlm qtr aug net shr cts cts net sales mln mln year shr dlrs dlrs net mln mln sales mln mln note share adjusted for february for two split prior year results restated reuter 
crude	usx unit hikes crude oil posted prices marathon petroleum company subsidiary usx corp lowered posted prices for crude oil cts effective date october increase brings posted prices for west texas intermediate and west texas sour dlrs barrel each south louisiana sweet increased dlrs barrel indepndent oil companies such permian corp and coastal corp cgp had moved prices effective last friday day sun sun announced cts barrel increase dlrs barrel reuter 
earn	bearings inc ber qtr net sept end primary cts cts diluted shr cts cts net revs mln mln primary avg shrs diluted avg shrs reuter 
earn	chemical waste management inc chw qtr net shr cts cts net revs mln mln mths shr cts cts net revs mln mln reuter 
crude	marathon raised crude posted prices cts barrel effective october 
earn	air products and chemicals inc apd qtr net oper shr cts cts oper net mln mln sales mln mln year oper shr dlrs dlrs oper net mln mln sales billion billion avg shrs mln mln note results restated for discontinued engineering services operations prior year net excludes losses discontinued operations dlrs quarter and dlrs year fiscal year net excludes dlr charge early debt retirement fiscal net includes special charges mln dlrs quarter and mln dlrs year worgroce reduction costs revaluation south african investment reversal investment tax credits and othe items reuter 
money-fx	transatlantic row imperils louvre accord dealers louvre accord currency stability maintained uneasy calm currency markets since last february appeared danger today transatlantic dispute west german interest rates boil foreign exchange dealers dollar slid mark and world stock and bond markets plunged officials major industrial countries played dispute bilateral problem united states and west germany and insisted that currency pact alive treasury secretary james baker sparked market fears attacked rise west german short term interest rates that not keeping spirit agreed recently earlier this month washington baker television interview sunday referring meetings finance ministers group leading industrial nations reaffirmed pact louvre accord west germany and japan large trade surpluses pledged boost economic growth exports agreed stop talking dollar baker saturday that louvre agreement operative west german interest rate move force examine accord foreign exchange market told baker that hammer germany declared bets terms currency cooperation chris johns currency analyst ubs phillips and drew london bank japan official sanguine view telling reuters that exchange market apparently reacting and sold dollar baker comment will regret french finance minister edouard balladur hosted louvre meeting finance ministers respond directly baker remarks called for faithful and firm adherence major industrial countries louvre accords letter and spirit west german finance ministry british treasury commented row japanese finance ministry official that despite frustration higher interest rates abroad this not represent readiness scrap basic framework louvre accord frankfurt wilhelm christians joint chief executive west germany largest bank deutsche bank that recent meetings baker believed that committed accord move market interpreted gesture reconciliation bundesbank added short term liquidity west german money market pct monday pct level injected medium term liquidity last week bank france stepped into french money market hold rates injecting short term liquidity pct rates rose close pct reuter 
acq	northview novc plans sell company northview corp reached agreement principal covering acquisition company privately held calmark financial corp agreement calls for northview make tender offer for outstanding stock price dlrs per share cash calmark headquartered los angeles develops manages and syndicates real estate northview reuter 
earn	union national corp unbc qtr net shr cts cts shr diluted cts cts qtly div cts cts prior net mths shr dlrs dlrs shr diluted dlrs dlrs net mln mln avg shrs mln note dividend pay dec record nov reuter 
acq	corby distilleries buy heublein mcginness distillers for mln canadian dlrs 
earn	amcast industrial corp acst qtr loss aug shr loss cts profit cts net loss profit revs mln mln avg shrs months shr profit cts loss dlrs net profit loss revs mln mln avg shrs note results include pretax restructuring provisions mln dlrs and mln dlrs for and reuter 
interest	fed arranges day system repos federal reserve entered government securities market arrange day system repurchase agreements spokesman for york fed federal funds trading pct time direct injection temporary reserves dealers reuter 
earn	datacopy corp dcpy qtr net shr profit cts profit net profit profit revs mths shr loss six cts profit two cts net loss profit revs note prior qtr and mth figures include extraordinarycredits dlrs and dlrs reuter 
acq	media general meg holders seek control shareholder group led barris industries inc brss acquired pct stake media general inc class common stock and seek seek contorl company filing securities and exchange commission group holds shares media general commons stock purchased total cost mln dlrs addition bid for control group purchase additional media general shares possibly seek seats company board directors proxy contest bid for control media general subject recapitalization restructuring and charter documents and laws company group had held discussions parties gauge interest joining shareholder group agreements reached talks parties expected continue shareholder group october and barris industries bought shares media general class common stock dlrs dlrs share open market transactions and another shares privately reuter 
acq	skii buy califora ski area and goldmine ski associates inc reached agreement calling for buy goldmine california ski area for approximately mln dlrs owns killlington and mount snow ski resorts california ski area located san bernardino mountains company plans invest approximately mln dlrs into ski area years reuter 
acq	allegis aeg westin sets news conference sale westin hotels and resorts subsidiary allegis corp will hold press conference october san francisco discuss pending sale hotel chain allegis allegis that plans sell westin buyt not announced that deal set reuter 
earn	american republic bancorp arbc qtr net shr profit cts profit cts net profit profit avg shrs mths shr profit cts loss cts net profit loss avg shrs reuter 
acq	cal fed income cfi buys two shopping centers cal fed income partners acquired two shopping centers for total price mln dlrs company bought plaza shopping center pleasanton calif for mln dlrs and bristol place shopping center santa ana calif for mln dlrs reuter 
earn	firstier financial inc frst qtr net shr dlrs cts net mths shr dlrs dlrs net mln mln reuter 
earn	southwest bancorp swb qtr loss shr loss primary cts profit cts shr loss diluted cts cts net loss profit avg shrs mths shr loss primary cts profit cts shr loss diluted cts cts net loss profit avg shrs loans mln mln deposits mln mln assets mln mln note prior qtr and mth figures include operating loss carryforward gains dlrs two cts per share and dlrs cts per share reuter 
acq	shamrock capital completes central soya sale shamrock capital limited partnership led shamrock holdings inc completed sale central soya inc ferruzzi agricola finanziaria italy terms sale agreement announced september ferruzzi acquired equity central soya and assumed subordinated term debt mln dlrs transaction valued mln dlrs reuter 
earn	martin marietta qtr net shr dlrs cts net mln mln revs billion billion mths shr dlrs dlrs net mln mln revs billion billion note qtr and mths includes time tax charge mln dlrs cts share for previously announced anticipated sale fourth quarter investment equatorial communications amounts restated increasing net cts share for change pension expense accounting backlog september billion dlrs company record reuter 
money-fx	stoltenberg assumes cooperation will continue west german government assumes that commitment international monetary cooperation renewed washington last month will continue finance ministry spokesman quoted finance minister gerhard stoltenberg stoltenberg statement reaction criticism rises west german interest rates voiced treasury secretary james baker weekend reuter 
acq	barris ind leads group pct media general seek control 
earn	neiman marcus group inc nmg qtr aug loss shr not net loss mln profit revs mln mln six mths shr loss mln profit mln revs mln mln note company recently spun carter hawley hale stores inc chh current year net periods includes mln dlrs pretax charges carter hawley hale restructuring reuter 
earn	deluxe check printers inc dlx qtr net shr cts cts net mln mln revs mln mln mths shr dlrs dlrs net mln mln revs mln mln note month earnings include nonrecurring gain cents share sale company data card investment reuter 
acq	transamerica unit buys reinsurance unit transamerica insurance group main property liability insurance operation transamerica corp signed definitive agreement acquire newly formed insurer commerical risk underwriters insurance clarendon group transamerica unit will renamed transamerica reinsurance will initially capitalized mln dlrs transamerica acquisition represents move into specialty treaty reinsurance company members clarendon will join transamerica part acquisition expected close november and subject regulatory approvals reuter 
acq	industrial equity pct triton oil group firms led hong kong based industrial equity pacific acquired shares triton oil corp common stock pct company common stock outstanding industrial equity pacific controlled brierley investments bryw and applied antitrust regulators buy pct triton common stock current pct stake acquired for investment purposes company informed triton present good faith intention buy mln dlrs worth triton stock told triton depending market conditions acquire pct and possibly pct voting securities triton received clearance buy pct stock september industrial equity pacific reported bought shares triton common stock october dlrs share reuter 
earn	home savings bank brooklyn hmsb qtr shr cts not net mln mths shr dlrs not net mln mln note company public november net periods includes dlr pretax gain sale branches net includes securities and loan sales loss dlrs pretax gain dlrs quarter and gains dlrs dlrs mths and loan losxs provisions dlrs dlrs quarter and dlrs dlrs mths reuter 
money-fx	stoltenberg assumes monetary cooperation will continue 
earn	mci communications corp mcic qtr net shr cts six cts net mln mln revs mln mln mths shr cts cts net mln mln revs billion billion note qtr and mths include pre tax gains antitrust settlement dlrs and dlrs qtr includes pre tax gain mln dlrs sale mci airsignal subsidiary and tax extraordinary loss mln dlrs early redemption pct subordinated notes reuter 
earn	sterling drug inc sty qtr net shr dlrs cts net mln mln revs mln mln avg shrs mln mln mths shr dlrs dlrs net mln mln revs billion billion avg shrs mln mln note figures restated reflected change accounting methods related pension expenses reuter 
earn	fpl group inc fpl qtr net shr dlrs dlrs net mln mln revs billion billion avg shrs mln mln mths shr dlrs dlrs net mln mln revs billion billion avg shrs mln mln reuter 
interest	french week bill rate rises pct bank france 
acq	multifoods imc files suit bregman international multifoods corp filed suit charging bregman partners and affiliates unlawfully planned acquire control company suit filed district court international multifoods bregman partners and affiliates reportedly hold pct company shares induce multifood management join effort company private and give controlling interest bregman partners bregman partners include interests belzberg families canada complaint discloses that each occasion multifoods management rejected group overtures multifoods asking bregman group divest shares open market sales manner not disrupt market place suit suit seeks compensatory and punitive damages amount determined addition multifoods seeking stop bregman partners acquiring stock voting shares reportedly owns suit multifoods actions proposed bregman partners prevent shareholders realizing full benefits company restructuring past years multifoods substantially altered domestic business mix divesting consumere foods operations and emphasizing growth selected segments foodservice industry reuter 
earn	and qtr net shr cts cts net mln mln revs billion billion mths shr dlrs dlrs net billion billlion revs billion billion note full name american telephone and telegraph note prior quarter and mth net reduced mln dlrs two cts per share for estimated costs reduce workforce and consolidate facilities prior qtr and mths include pretax gain mln dlrs damages paid republic iran and pretax gain mln dlrs change company ownership ing olivetti spa tax gains added mln dlrs six cts per shr net income prior qtr and mth results previously restated reflect change depreciation methods that reduced net income mln dlrs cts per share reuter 
earn	gordon jewelry corp gor qtr aug loss shr loss cts loss cts net loss loss revs mln mln year shr loss dlrs profit dlrs net loss mln profit mln revs mln mln note year includes charge mln dlrs pre tax for inventory valuation allowance year includes charge mln dlrs discontinued operations reuter 
money-fx	west germany committed louvre accord west german government sources bonn remained committed louvre accord stabilise currencies struck leading western democracies paris last february weekend treasury secretary james baker criticised recent rises west german short term interest rates and such developments not spirit louvre pact agreement examined sources west german interest rate rises had context interest rate developments worldwide reuter 
interest	fdic seidman higher rates harm banks federal deposit insurance corp chairman william seidman concerned impact banks sharp rise interest rates seidman attending american bankers association convention not expect rates rise higher and outlook for economy and for banking sound potential for greater interest rate rises concern nothing outlook that rates higher that economy not sound seidman told news conference reuter 
money-fx	fed adding reserves system repos federal reserve expected enter government securities market supply reserves banking system system repurchase agreements economists economists fed execute day system repurchases meet substantial add reserves current maintenance period aggressive add overnight system repos federal funds opened pct and remained that level late this morning compared average effective rate pct friday reuter 
earn	standard products spd qtr sept net shr cts cts net sales mln mln avg shrs mln mln note share adjusted for august for split reuter 
earn	bankeast corp benh qtr net shr cts cts net mths shr cts dlrs net mln reuter 
earn	dallas corp dls qtr net shr cts cts net sales mln mln mths shr cts cts net sales mln mln reuter 
earn	anchor glass container corp anc qtr net shr cts cts net revs mln mln mths oper shr dlrs dlrs oper net mln mln revs mln mln avg shrs mln mln note mths net exclude dlr gain reversion pension assets net periods includes pretax charge dlrs amortization goodwill reuter 
earn	middle south utilities inc msu qtr net shr cts cts net mln mln revs billion billion mths shr dlrs dlrs net mln mln revs billion billion mths shr dlrs dlrs net mln mln revs billion billion reuter 
acq	industrial equity make proposal calmat czm industrial equity pacific hong kong based investment firm leading group holding pct calmat common stock intends submit calmat proposal for business combination filing securities and exchange commission industrial equity pacific not disclose details proposal delivered calmat future industrial equity pacific not intend remain passive investor calmat firm told sec sec filing industrial equity pacific president north american operations ronald langley met calmat officials october discuss acquisition company premium market price calmat stock industrial equity pacific added launching tender offer for calmat stock making merger proposal company not decided whether will pursue calmat acquisition negotiated basis industrial equity pacific holds mln calmat common shares evaluating company recently adopted shareholder rights plan and potential effect calmat and acquisition proposals made company october and industrial equity pacific bought shares calmat common stock dlrs dlrs share total mln dlrs reuter 
acq	oregon steel buys kaiser napa valley plant kaiser steel corp plant napa calif purchased oregon steel mills for mln dlrs privately owned portland company transaction approved bankruptcy judge denver hearing kaiser steel chapter reorganization case james mccaughey vice president sales for kaiser named general manager for plant will called napa pipe corp oregon steel reuter 
earn	unisys corp uis qtr net shr primary cts cts shr diluted cts cts net mln mln revs billlion billion avg shrs primary mln mln avg shrs diluted mln mln mths shr primary dlrs dlrs shr diluted dlrs dlrs net mln mln revs billion billion avg shrs primary mln mln avg shrs diluted mln mln note earnings per share for restated reflect for split effective july results for and mths includes results july sperry corp acquired sept net income reflecting ownership sperry pct for months july and august and pct for month sept revenue for periods reflects reclassification revenue divested sperry operations income effect net income reuter 
earn	woburn cents savings wobs qtr net shr cts cts net assets mln mln deposits mln mln loans mln mln note full name company woburn cents savings bank reuter 
earn	federal savings fcht qtr net shr cts qtly div cts cts prior net assets mln mln deposits mln mln loans mln mln note per share figures not bank converted stock ownership dec dividend payable dec shareholders record nov full name company federal savings and loan association chattanooga reuter 
crude	coastal cgp raises oil posted prices coastal corp that effective october had raised posted prices for crude oil cts barrel increase brings west texas intermediate dlrs barrel and west texas sour dlrs barrel sun sun announced that make cts barrel increase late friday bringing wti dlrs barrel and traders that oil companies expected increase prices reuter 
crude	tass denounces attack iran adventurism official soviet news agency tass denounced attack iranian oil drilling platform gulf monday military adventurism and bring dividends reagan administration tass commentator mikhail krutikhin administration had embarked adventurist path order deflect attention scandal united states sold arms iran and profits diverted nicaraguan rebels confrontation fact obvious that latest military adventure will not bring political dividends american administration krutikhin soviet leader mikhail gorbachev and foreign minister eduard shevardnadze abruptly left parliamentary session earlier monday sparking diplomatic speculation that concerned urgent matter foreign affairs soviet officials previously criticized united states for sending naval forces into gulf presence serves increase tension moscow officially neutral war iran and iraq major arms supplier iraq sought broader contacts iran last year krutikhin united states undertaken act armed aggression iran probability long spoken washington officials reuter 
ship	world telecoms watchdog relaxes car phone rules international telecommunications union regulates communications worldwide decided end week conference mobile phone systems linked satellites telecommunications officials car phones linked land stations and limited urban areas ruling will make easier for calls made remote regions meeting finished weekend decided radio determination satellite system enable fleet owners trace metres movements lorries cars ships world reuter 
earn	international research irdv qtr payout qtly div cts cts prior qtr pay nov record nov note full name international research and development corp reuter 
earn	rohm and haas roh qtr net shr cts cts net mln mln sales mln mln mths shr dlrs dlrs net mln mln sales billion billion reuter 
acq	industrial equity tells sec will send calmat proposal for business combination 
acq	idc services idcs holders offered dlrs idc services inc company will begin cash tender offer october acquire idc outstanding common for dlrs share company offer made definitive agreement reached company idc acquisition corp formed apollo partners and investment clients equitable capital management inc agreement calls for acquisition idc for mln dlrs idc acquisition will tender for idc outstanding pct convertible subordinated debentures idc merger agreement for payment equivalent amount respect employee stock options cancelled merger part transaction company granted idc acquisition option acquire pct company outstanding shares for dlrs per share planned tender offer subject conditions including tendering pct company outstanding stock mim holdings mima substantial shareholder idc agreed will not buy additional idc shares february and granted idc acquisition refusal idc shares sells that period company apollo partners recently organized senior viacom inc executives terrence elkes george catell and kenneth gorman reuter 
earn	monsanto mtc qtr net shr dlrs dlrs net sales billion billion mths shr dlrs dlrs net sales billion billion note figures include mln dlrs cts share net gains facilities and businesses sold shut impaired and recurring income and expenses reuter 
crude	coastal raised oil postings cts barrel october wti dlrs 
acq	industries icx sell aerospace unit industries inc board approved second major step reorganization and restructuring company implement plan sharpening strategic focus consumer goods and services company will give consideration sale pneumo abex aerospace and defense company can realize price will return maximum shareholders pneumo abex had operating income mln dlrs sales mln dlrs will use proceeds asset sale invest high return businesses consumer goods and services field company authorized program repurchase mln dlrs and billion dlrs common stock time time conditions warrant will begin cost reduction program cust annual operating expenses mln dlrs spokesman cost reduction program involved across board cuts specific targeted areas board earlier approved plan spin company illinois central gulf railroad shareholders company major subsidiaries pet inc pepsi cola general bottlers midas international corp and hussmann corp reuter 
earn	georgia gulf corp gglf qtr net shr dlrs cts net mln sales mln mln mths shr dlrs dlrs net mln mln sales mln mln reuter 
earn	financial corp america fin qtr loss shr loss dlrs profit cts net loss mln profit mln avg shrs primary mln mln avg shrs diluted mln mln mths shr primary loss dlrs profit dlrs shr diluted loss dlrs profit dlrs avg shrs primary mln mln avg shrs diluted mln mln net loss mln profit mln assets billion billion loans billion billion deposits billion billion note net includes fslic sepcial assessment loss qtr and mln mln mths net includes gain sale mortgage backed securities and loans mln mln and mln mln mths net includes gain sale investments qtr and mths net includes provision for losses and discounts mln mln qtr and mln mln mths mths included write fslic secondary reserve mln reuter 
acq	arnox arnx merger talks txl arnox corp special committee board continuing talks txl corp terms txl offer acquire arnox dlrs per share txl arranged preliminary financing reuter 
earn	morgan and inc jpm qtr net shr profit dlrs profit dlrs net profit mln profit mln mths shr loss cts profit dlrs net loss mln profit mln assets billion billion loans billion billion deposits billion billion note mths include previously reported mln dlr addition loan loss reserve qtr for ldc debts reuter 
trade	cairns group influential trade talks australian minister for trade negotiations michael duffy country and world commodity producers formed effective lobby group farm export subsidies and market access restrictions duffy told press conference cairns group major agricultural producers australia and thailand belong emerged important force multilateral trade talks doubt that cairns group force reckoned inside general agreement tariffs and trade and international trade negotiations duffy day visit talks united states european community and latin america considerable progress made group fighting costly protectionist policies pursued developed countries minister commission farm trade paper will recognise heavy financial burdens imposed common agricultural policy and future expansion reagan administration displayed determination resist strong protectionist sentiment congress reuter 
acq	ibc interstate bakeries ibc bid oversubscribed ibc acquisition corp received interstate bakeries corp shares response tender offer for shares that expired october and will purchase pct shares tendered final proration factor announced and payment for shares start october ibc made interstate management boston inc fbc and george braun and reuter 
acq	oregon steel buys kaiser napa valley plant kaiser steel corp plant napa calif purchased oregon steel mills for mln dlrs privately owned portland company transaction approved bankruptcy judge denver hearing kaiser steel chapter reorganization case james mccaughey vice president sales for kaiser named general manager for plant will called napa pipe corp oregon steel reuter 
acq	carson pirie crn start proxy mailing carson pirie scott and plans start mailing proxy materials stockholders connection november special meeting holders will asked previously announced agreement greyhound corp agreement greyhound will acquire merger company foodservice operations dobbs international services dobbs houses and carson international transaction approved carsons stockholders will receive dlrs cash and share common carson pirie scott and for each share held reuter 
earn	home savings bank hmsb qtr net shr cts net mln mths shr dlrs net mln mln assets billion billion deposits billion billion loans billion mln note qtr and mths per share figures not bank converted stock form nov reuter 
acq	woolworth completing tender offer woolworth and that shares armel inc aml common stock tendered and accepted for payment woolworth terms previosuly announced cash tender offer expired midnight edt october addition woolowrth armel shares tendered subject guaranteed delivery woolowrth result tender offer and options exercised purchase armel stock fww acquisiton corp woolworth unit today expects pct amrel outstanding stock woolworth percent owns not include class shares armel tendered will purchased pursuant options previuosly announced fww will proceed cash merger shares armel held fww woolworth will entitled receive dlrs per share woolworth expects consummate deal this year armel specialty retailer broad line athletic and leisure footwear accessories and sportswear reuter 
earn	plains petroleum plp qtr net shr cts cts net revs mths shr cts cts net revs mln note fasb adopts accounting qtr per share results will restated cts and cts share for mths reuter 
earn	wells gardner corp wga qtr net shr profit cts loss two cts net profit loss revs mths shr profit cts loss cts net profit loss revs mln mln reuter 
acq	prospect group pct brinkmann brik york based prospect group inc prosz acquired shares brinkmann instruments inc common stock pct scientific instrument maker common stock outstanding filing securities and exchange commission prospect group bought brinkmann shares open market transactions august and october dlrs dlrs total mln dlrs prospect group bought stock establish significant minority equity interest company not intend seek control brinkmann present time prospect group will review investment objectives brinkmann warranted market conditions company performance and factors including discussions brinkmann management reuter 
acq	industries will sale aerospace business 
acq	warner wci pct berkey inc bky stake warner communications inc warner communications investors inc unit acquired stock and warrants representing shares berkey inc common stock equivalent pct company common stock outstanding filing securities and exchange commission warner communications investors paid mln dlrs berkey september acquire shares berkey series convertible preferred stock preferred stock convertible into berkey common shares and warrants buy another shares warner communications and subsidiary berkey stock held investment will review and evaluate time time reuter 
earn	american cyanamid acy qtr net oper shr cts cts oper net mln mln sales billion mln mths oper shr dlrs dlrs oper net mln mln sales billion billion avg shrs mln mln note share data restated reflect pct stock dividend distributed june operating net periods excludes additional gain mln dlrs cts share associated sale formica brand products group business month operating net includes pre tax gain mln dlrs equal cts share sale jacqueline cochran businesses reuter 
earn	tandy corp tan qtr sept net shr cts cts net mln mln revs mln mln avg shrs mln mln reuter 
earn	bell atlantic corp bel qtr net shr dlrs dlrs net mln mln revs billion billion avg shrs mln mln mths shr dlrs dlrs net mln mln revs billion billion avg shrs mln mln reuter 
earn	wang laboratories inc wanb qtr sept shr profit cts loss cts net profit mln loss mln revs mln mln avg shrs mln mln note prior year net includes mln dlr tax credit reuter 
earn	brockway inc brk qtr net shr cts cts net mln sales mln mln mths shr dlrs dlrs net mln mln sales mln mln note share adjusted for december for two split reuter 
acq	telex seek purchasers telex corp board directed management and financial advisor drexel burnham lambert inc investigate alternatives tender offer asher edelman tlx partners for telex shares that include seeking purchasers for telex company board october meeting decided defer board meeting this week recommendation edelman offer and board expects make recommendation october reuter 
acq	ibc acquisition gets shares tender buy pct 
acq	idc services agrees acquired for dlrs share apollo partners group 
acq	management group restaurant majority restaurant associates industries inc management group led chairman martin brody and president max pine october had received class and class shares response tender offer for shares dlrs each giving thema majority each class shares company tender extended november reuter 
earn	xidex corp xidx qtr sept net shr cts cts net sales mln mln note prior year net includes gain dlrs sale shares seagate technology corp sgat reuter 
earn	calfed inc cal qtr net shr dlrs dlrs diluted shr dlrs dlrs net mln mln months shr dlrs dlrs diluted shr dlrs dlrs net mln mln reuter 
earn	security pacific corp spc qtr net shr dlrs dlrs net mln mln avg shrs mln mln months shr cts dlrs net mln mln avg shrs mln mln note prior period data restated include pooling interest basis august acquisition rainier bancorporation reuter 
earn	phelps dodge corp qtr net shr dlrs cts net mln mln revs mln mln mths shr dlrs dlrs net mln mln revs billion mln note qtr net includes dlrs tax extraordinary gain retirement debt reuter 
earn	crane qtr net shr cts cts net mln mln revs mln mln avg shrs mln mln mths shr dlrs dlrs net mln mln revs mln mln avg shrs mln mln note figures reflect adjustment for for split net for mths includes cumulative effect change accounting for gain pension assets reversion mln cts shr reuter 
acq	telex corp investigate alternatives tlx partners bid seek purchasers 
earn	lotus development corp lots qtr net shr cts cts net mln sales mln mln avg shrs mln mln mths shr dlrs cts net mln mln sales mln mln avg shrs mln mln note share adjusted for february two for split reuter 
earn	southwest bancorp swb qtr loss oper shr loss cts profit cts oper net loss profit avg shrs mths oper shr loss cts profit cts oper net loss profit avg shrs note net excludes tax loss carryforwards dlrs quarter and dlrs mths quarter net includes dlr tax credit net periods includes dlr addition loan loss reserves due state real estate transaction reuter 
earn	gatx corp gmt qtr net shr cts cts net revs mln mln avg shrs mths shr dlrs dlrs net revs mln mln avg shrs note earnings include loss discontinued operations dlrs cts share quarter and gain dlrs cts share for months reuter 
earn	microsoft corp msft qtr net shr cts cts net mln mln revs mln mln reuter 
earn	cms energy corp cms qtr net shr cts cts net revs mln mln avg shrs mths shr dlrs cts net revs billion billion avg shrs note data restated for adoption accounting standard relating pensions month earnings include mln dlr tax writeoff qtr portion assets company midland nuclear project reuter 
acq	shamrock completes central soya sale ferruzzi shamrock capital completed sale cental soya inc ferruzzi agricola finanziaria holding company for ferruzzi group ravenna italy shamrock capital limited partnership led shamrock holdings inc roy disney family company agreement announced last month ferruzzi acquired equity and assumed subordinated term debt mln dlrs transaction valued mln dlrs reuter 
earn	curtice burns foods inc cbi qtr net qtr ends sept shr cts cts net revs mln mln note qtr figures exclude effect tax reform act retroactively reduced earnings cts cts per shr reuter 
earn	lindberg lind qtr net shr profit cts profit cts net profit profit sales mln mln mths shr loss cts profit cts net loss profit sales mln mln avg shrs note earnings qtr reduced dlrs cts share charge reflecting elimination transfer product lines and operations company racine wis foundry reuter 
acq	shamrock completes central soya sale ferruzzi shamrock capital completed sale cental soya inc ferruzzi agricola finanziaria holding company for ferruzzi group ravenna italy shamrock capital limited partnership led shamrock holdings inc roy disney family company agreement announced last month ferruzzi acquired equity and assumed subordinated term debt mln dlrs trction valued mln dlrs reuter 
crude	weinberger forces attacked iranian oil platform 
acq	cable and wireless restructures units cable and wireless plc cawl subsidiary hong kong telephone cease listed company restructure company hong kong units earlier today company announced that hong kong telephone and cable and wireless hong kong territory government pct stake become subsidiaries newly formed holding company hong kong telecommunications exchange for cable and wireless hong kong capital hong kong telecommunications will issue billion shares cable and wireless plc cable and wireless east that subsidiary holds group pct stake cable and wireless hong kong and pct telephone will issue additional billion shares goverment that will leave cable and wireless group pct stake hong kong telecommunications government pct and pct public hands that will reduced early year placement pct issued shares hong kong telecommunications cable and wireless and government reuter 
acq	gaf gaf group reconsiders buyout bid gaf corp management group led chairman samuel heyman intends reconsider proposal acquire gaf september group offered dlrs cash and dlrs principal amount pct junior subordinated debentures due for each gaf share heyman owns gaf mln shares outstanding letter committee independent directors formed offer heyman will modify terms offer continue bid due rising interest rates and financial market conditions heyman considerable time that elapsed since original proposal submitted credit and financial markets experienced extraordinary and almost unprecedented deterioration present time average interest rate financing proposed raise connection acquisition increased since original proposal approximately basis points group intends promptly review options including revision offer reflect current market conditions reuter 
earn	ply gem industries inc pgi qtr net shr cts cts shr diluted cts cts net sales mln mln avg shrs mln avg shrs diluted mln mln mths shr cts cts shr diluted cts cts net mln sales mln mln avg shrs mln avg shrs diluted mln mln reuter 
money-fx	deutsche bank chief louvre pact intact deutsche bank joint chief executive friedrich wilhelm christians believed louvre accord currency stability intact christians told news conference met treasury secretary james baker last two weeks short term german interest rates had risen twice that marks dollar louvre agreement not that accord terminated christians responding questions comments baker louvre accord operative criticised rises west german interest rates reuter 
acq	gaf corp management group reconsider acquisition proposal 
earn	emulex corp emlx qtr sept net shr cts cts net revs mln mln avg shrs mln mln reuter 
earn	lyphomed inc lmed qtr net shr cts cts net sales mln mln avg shrs mths shr cts cts net sales mln mln avg shrs note earnings adjusted for for two stock split paid june reuter 
crude	shipping sources unidentified jets raid iranian oil platforms southern gulf 
earn	intellicorp inai qtr sept loss shr loss cts loss cts net loss loss revs avg shrs note current year net includes charge dlrs amortization previously capitalized software costs capitalized product development costs dlrs dlrs reuter 
earn	owens and minor inc obod qtr net shr cts cts shr diluted cts cts net sales mln mln avg shrs avg shrs diluted mths shr dlrs cts shr diluted cts cts net sales mln mln avg shrs avg shrs diluted reuter 
earn	trinova corp tnv qtr net shr cts cts net mln mln sales mln mln avg shrs mln mln mths oper shr dlrs cts oper net mln mln sales billion billion avg shrs mln mln note mths net includes mln dlr provision for restructuring excludes mln dlr gain sale discontinued glass business and dlr gain discontinued operations quarter orders mln dlrs mln dlrs backlog mln dlrs mln dlrs reuter 
ship	pentagon information iran attack rumors defense department spokesman had information london oil and stock market rumors that united states had launched retaliatory strike iran for attack friday that damaged shi don major randy morger information president reagan sunday had made decision response friday iran attack not decision defense secretary caspar weinberger saturday attack flagged ship kuwaiti waters friday almost iran silkworm missile rumors london markets that united states had launched offshore strike iranian missile installations reuter 
crude	south yemen plans oil export pipeline mees south yemen planning major oil pipeline system completed months time start exports initial rate barrels per day bpd middle east economic survey mees mees government approval for export pipeline visit aden high ranking delegation soviet union will south yemen construct line engineering studies for pipeline finished and construction expected start early year industry newsletter pipeline will run kms miles shabwa oilfields coastal terminal bir ali gulf aden mees mees soviet firm technoexport developing oilfileds for south yemen substantially increased initial reserve estimates and recommended pipeline eventual bpd capacity discovery commercial quaotities oil confirmed technoexport earlier this year structures shabwa region northwestern part country kms east north yemen alif oilfield reuter 
acq	trafalgar house buys builder for mln dlrs trafalgar house plc traf acquired entire share capital capital homes inc for mln dlrs cash capital homes builds single family homes washington area and active land developer for use and for sale builders financial year end february capital recorded pre tax profits mln dlrs turnover mln dlrs sale homes capital land bank units and current year company expects sell homes trafalgar house reuter 
money-fx	balladur insists maintenance louvre accords french finance minister edouard balladur issued firm call for continued faithful application louvre accords currency stability major industrial countries balladur responding weekend remarks treasury secretary james baker that another accords firmly desire faithfull and firm adherence major industrial countries louvre accords letter and spirit sunday baker last week rise short term west german interest rates not keeping accords louvre accords agreed paris last february called for stability major currencies prolonged dollar slide accords reaffirmed group finance ministers washington last month baker weekend that west german rate rise not keeping spirit agreed that not expect simply sit back and accept increased tightening part assumption that follow added reuter 
ship	iran warns raising tension gulf iran warned united states monday exacerbating gulf crisis endanger american interests tehran radio monitored british broadcasting corporation spokesman for iran war information headquarters responding officials remarks taking military action iran radio quoted iranian foreign ministry spokesman iran respond decisively aggressive measure united states radio spokesman made statement attack kuwaiti ship flag and comments american officials carrying retaliatory action iran spokesman military aggression iran will beginning extensive clash persian gulf and amidst this principled policy confront act escalates tension reuter 
money-fx	bonn ministry comment baker remarks west german finance ministry declined comment weekend criticism treasury secretary james baker recent west german interest rate increases baker examine february louvre accord stabilise currencies reached leading industrial democracies rise west germany short term interest rates not spirit agreement nations washington reaffirmed louvre pact finance ministry spokesman asked for official ministry reaction baker remarks make comment reuter 
ship	animal feed ship fire chinese port cyprus vessel fearless tonnes fire grounded towed yantai china august had cargo reloaded cargo hold caught fire october fire put salt water and water hold spread cargo water hold bottom patching reported complete starboard wing tank pumped and remains dry engine room flooded metres ship originally loaded tonnes animal feed reuter 
acq	equiticorp holding guinness reaches pct equiticorp holdings equw owns received acceptances representing pct issued ordinary share capital guinness peat group plc gnsp equiticorp statement equiticorp offer for guinness peat unconditional october had pct and closed october reuter 
money-fx	banks extend trading halt lebanese pound lebanon bankers association extended suspension trading lebanese pound for two working days study ways stem currency collapse central bank not post rate pound dollar and currencies monday pound closed thursday dollar compared wednesday close association sources told reuters friday suspension trading for two working days continued monday for two days study proposals reinforce pound association comprises commercial banks east and west beirut halted trading friday chaotic market pound crashed record lows week pound hit inability lebanon religiously and ideologically divided government end years civil war lost pct international this year reuter 
crude	statoil places north sea veslefrikk field orders den norske stats oljeselskap statoil stat operator norway north sea veslefrikk oil field field development contracts totalling billion crowns two domestic yards company statement moss rosenberg verft subsidiary kvaerner industrier kvio won billion crown contract convert statoil semisubmersible rig west vision floating production platform and build deck for separate fixed head platform field statoil aker verdal unit aker norcem amvo won mln crown contract design and build head platform tonne steel substructure stand metres water converted rig statoil floating production unit fixed platform cut construction time enabling field partners bring veslefrikk stream late months earlier previously planned veslefrikk estimated recoverable reserves mln barrels oil and billion cubic feet gas located west bergen statoil estimates field total development cost including drilling billion crowns planned daily output barrels oil and mln cubic feet gas veslefrikk oil will landed nearby oseberg field pipeline sture crude terminal bergen gas will fed into statpipe line gathers gas norway statfjord gullfaks and oseberg fields partners field statoil operator pct share unocal norge pct deminex norge pct norsk hydro nhy pct and svenska petroleum pct reuter 
acq	cable and wireless details merger units cable and wireless plc cawl will merge hong kong telephone telh and cable and wireless hong kong units into holding firm called hong kong telecommunications merger telephone shareholders will receive two telecommunication shares par cents for each telephone share par dlr telephone shareholders cable and wireless group will receive warrants for basis entitling acquire cable and wireless plc years telecom share dlrs each cable and wireless plc group holds pct telephone owns pct cable and wireless hong kong hong kong government holds balance trading telephone shares suspended october shares last traded dlrs reuter 
earn	tdk group net pct months months ended august group shr yen yen group shr per ads net billion billion pretax billion billion sales billion billion company full name tdk corp tdk reuter 
earn	tdk group net pct months august quarter ended august group shr yen group shr per ads net billion billion pretax billion billion sales billion billion company full name tdk corp tdk reuter 
acq	cable and wireless merge two units into telecommunication operation 
money-fx	balladur insists maintenance louvre accords french finance minister edouard balladur issued firm call for continued faithful application louvre accords currency stability major industrial countries balladur responding weekend remarks treasury secretary james baker that another accords firmly desire faithfull and firm adherence major industrial countries louvre accords letter and spirit sunday baker last week rise short term west german interest rates not keeping accords louvre accords agreed paris last february called for stability major currencies prolonged dollar slide accords reaffirmed group finance ministers washington last month baker weekend that west german rate rise not keeping spirit agreed that not expect simply sit back and accept increased tightening part assumption that follow added reuter 
trade	philippine trade gap widens january august philippines trade deficit widened mln dlrs months end august mln dlrs period national statistics office exports month period rose billion dlrs billion imports rose billion dlrs billion year earlier country trade deficit totalled mln dlrs reuter 
crude	iran soviet union swap crude refined products soviet union agreed supply iran refined oil products exchange for barrels per day crude iran national news agency irna irna monitored nicosia quoted oil minister gholamreza aqazadeh return tehran moscow that agreement part protocol economic cooperation signed visit amount crude delivered soviet union double bpd aqazadeh two sides agreed conduct feasibility studies for pipeline iranian crude fields southern iran black sea soviet union iran pursuing pipeline project protect part oil exports iraqi air attacks gulf irna made mention natural gas exports soviet union aqazadeh had discussed left for moscow iran lost refining capacity early gulf war and imports hundred thousand bpd refined products aqazadeh soviet refined products delivered caspian sea ports anzali and nowshahr neka caspian and jolfa north west iran reuter 
acq	chase corp makes offer for entregrowth chase corp chca will make offer for fully paid shares and options entregrowth international not chase property investment firm holds pct entregrowth vehicle for expansion north america agreements concluded give beneficial pct interest offer for remaining shares chase share for entregrowth shares and chase option for entregrowth options chase shares closed friday dlrs and options entregrowth closed dlrs and options cents chase offer for remaining pct entregrowth worth mln dlrs involved issue mln chase shares and mln chase options chase chairman colin reynolds takeover entregrowth concentrate north american operations access chase international funding base and stronger executive team benefits integrating zealand investment activities chase offer conditional receiving accptances for pct shares and options reuter 
ship	japan india conference cuts gulf war risk charges japan india pakistan gulf japan shipping conference cut extra risk insurance surcharges shipments iranian and iraqi ports minimum pct pct october surcharges shipments break bulk cargoes iraqi arab ports reduced pct conference spokesman declined move time heightened tension gulf reuter