📄 reut2-012.sgm
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Finance Ministry sources said a "large majority" of foreign
banks had accepted to extend Brazil's credit lines before the
midnight deadline of March 31 for payment of 15 billion dlrs
servicing expired.
Finance Minister Dilson Funaro told reporters all short
range credit lines were renewed, "without exception."
Central Bank sources, although incapable of confirming that
100 pct of the banks had renewed the credit lines, said that
there was a massive affirmative reply.
The credit lines were extended in their majority by 30
days, but there were banks which renewed the deadline by 90
days and, sometimes, by 180 days, Funaro told reporters.
Brazil is pledging for an extension of the deadlines for an
indefinite period, until its economic officials seek a global
renegotiation of the debt.
Last week Brazil had suggested to creditors an extension of
the deadline for another two months, until May 31.
REUTER
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="267" NEWID="12039">
<DATE> 1-APR-1987 11:38:11.26</DATE>
<TOPICS></TOPICS>
<PLACES><D>uk</D><D>japan</D></PLACES>
<PEOPLE><D>thatcher</D></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f1446reute
d f BC-TOSHIBA-COULD-BE-FIRS 04-01 0112</UNKNOWN>
<TEXT>
<TITLE>TOSHIBA COULD BE FIRST TO FEEL U.K. TRADE ANGER</TITLE>
<AUTHOR> By Sten Stovall, Reuters</AUTHOR>
<DATELINE> LONDON, April 1 - </DATELINE><BODY>Toshiba Corp <TSBA.T>, the Japanese
electronics group which plans to enter Britain's liberalised
telecommunications equipment market, risks becoming the first
casualty in the current war of words over trade between Japan
and the U.K., Government and industry sources said.
U.K. Authorities have lost patience with Japanese trading
practices and said they are seeking ways to retaliate without
unleashing a damaging trade war. "Toshiba's timing seems most
unfortunate for the company, as it comes exactly when we are
looking for someone to punch," one official told Reuters.
Earlier, <Toshiba Information Systems (U.K.) Ltd> said it
wanted to enter the British business facsimile and key
telephone market. A facsimile machine sends printed data over
telephone lines, while a key telephone system is used for
switching calls within a business, industry sources said.
The move by Toshiba comes in the middle of a dispute over
Japan's refusal to open up its telecommunications market to
foreign companies. "Toshiba's timing is most extraordinary," one
official at the Department of Trade and Industry (DTI) said.
Tommorrow, the U.K. Government will consider what legal
action it can possible take to press for Japanese reform.
Prime Minister Margaret Thatcher has given notice that the
U.K. Would fight the Japanese government's attempt to prevent
Cable and Wireless Plc <CAWL.L> from taking a significant
position in a new Japanese international telecommunications
venture. "We regard this as a test case," she told Parliament.
But while the U.K. Is keen to see some movement on the
issue by Japan, it is also worried that recent anti-Japanese
rhetoric may cause developments to get out of hand, officials
said.
Japanese officials in Tokyo today reiterated that Japan had
no plans to bow to U.K. And U.S. Pressure to give foreign
telecommunications firms a bigger role there.
reuter^M
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="268" NEWID="12040">
<DATE> 1-APR-1987 11:38:19.87</DATE>
<TOPICS><D>interest</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
RM A
f1447reute
r f BC-FHLBB-CHANGES-SHORT-T 04-01 0082</UNKNOWN>
<TEXT>
<TITLE>FHLBB CHANGES SHORT-TERM DISCOUNT NOTE RATES</TITLE>
<DATELINE> WASHINGTON, April 1 - </DATELINE><BODY>The Federal Home Loan Bank Board
adjusted the rates on its short-term discount notes as follows:
MATURITY NEW RATE OLD RATE MATURITY
30-123 days 5.00 pct 5.00 pct
30-123 days
124-150 days 5.90 pct 5.93 pct 124-150 days
151-349 days 5.00 pct 5.00 pct 151-349 days
350-360 days 5.96 pct 5.98 pct 350-360 days
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="269" NEWID="12041">
<DATE> 1-APR-1987 11:39:28.49</DATE>
<TOPICS></TOPICS>
<PLACES><D>brazil</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
A
f1452reute
r f BC-BRAZIL-CONFIRMS-RENEW 04-01 0097</UNKNOWN>
<TEXT>
<TITLE>BRAZIL CONFIRMS RENEWAL OF SHORT-TERM CREDIT LINES</TITLE>
<DATELINE> BRASILIA, April 1 - </DATELINE><BODY>Brazilian economic officials confirmed
a renewal of short-range credit lines by commercial creditors,
bringing optimism that renegotiation of the 109 billion dlrs
foreign debt is possible.
Finance Ministry sources said a "large majority" of foreign
banks had accepted to extend Brazil's credit lines before the
midnight deadline of March 31 for payment of 15 billion dlrs
servicing expired.
Finance Minister Dilson Funaro told reporters all short
range credit lines were renewed, "without exception."
Central Bank sources, although incapable of confirming that
100 pct of the banks had renewed the credit lines, said that
there was a massive affirmative reply.
The credit lines were extended in their majority by 30
days, but there were banks which renewed the deadline by 90
days and, sometimes, by 180 days, Funaro told reporters.
Brazil is pledging for an extension of the deadlines for an
indefinite period, until its economic officials seek a global
renegotiation of the debt.
Last week Brazil had suggested to creditors an extension of
the deadline for another two months, until May 31.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="270" NEWID="12042">
<DATE> 1-APR-1987 11:40:15.71</DATE>
<TOPICS><D>earn</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f1457reute
r f BC-CROWNAMERICA-INC-<CRN 04-01 0050</UNKNOWN>
<TEXT>
<TITLE>CROWNAMERICA INC <CRNA> 2ND QTR ENDED FEB 28</TITLE>
<DATELINE> DALTON, Ga., April 1 -
</DATELINE><BODY>Shr two cts vs 29 cts
Net 23,000 vs 338,000
Revs 20.2 mln vs 21.5 mln
Six mths
Shr 64 cts vs 97 cts
Net 741,000 vs 1,113,000
Revs 43.2 mln vs 44.3 mln
NOTE: 1986 2nd qtr and six mths ended March one.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="271" NEWID="12043">
<DATE> 1-APR-1987 11:40:30.77</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f1458reute
d f BC-QUANTUM-DIAGNOSTICS-< 04-01 0057</UNKNOWN>
<TEXT>
<TITLE>QUANTUM DIAGNOSTICS <QTMCU> GETS PATENT</TITLE>
<DATELINE> HAUPPAUGE, N.Y., April 1 - </DATELINE><BODY>Quantum Diagnostics Ltd said it
has been granted a patent for a new imaging technology it has
developed that uses electrmagnetic radiation.
It said it sees applications in airport security screening
devices, medical diagnostic imaging systems and quality control
devices.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="272" NEWID="12044">
<DATE> 1-APR-1987 11:45:57.96</DATE>
<TOPICS><D>earn</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F Y
f1471reute
u f BC-DIAMOND-SHAMROCK-<DIA 04-01 0112</UNKNOWN>
<TEXT>
<TITLE>DIAMOND SHAMROCK <DIA> SEES BETTER 1987 EARNINGS</TITLE>
<DATELINE> NEW YORK, APRIL 1 - </DATELINE><BODY>Diamond Shamrock Corp, which will split
this month into two separate companies, expects to show
improved earnings in 1987 over last year, executives of the new
company told Reuters.
Charles Blackburn, president and chief executive officer of
Diamond Shamrock and the new company, which will emphasize
exploration and production, said, "Earnings wil be better than
in 1986." He declined to say how much better.
In 1986 Diamond Shamrock reported a loss of 115.6 mln dlrs
on total revenues of 2.543 billion dlrs. Exploration and
production lost 18.5 mln dlrs on revenues of 593.5 mln dlrs.
Roger Hemminghaus, Diamond Shamrock vice president and
soon-to-be chief executive of the spin-off Diamond Shamrock
Refining and Marketing Co, said, "Refining and marketing is a
margin business. The margins will return and this will be a
better year than 1986."
In 1986, refining and marketing showed operating profits of
40.1 mln dlrs on revenues of 1.636 billion dlrs.
"We are also expecting to be in the black in the first
quarter (1987)," Heminghaus added. In the first quarter of 1986,
the refining and marketing segment showed a loss of 27.1 mln
dlrs on revenues of 492.1 mln dlrs.
The executives were in New york for meetings with
institutional investors aimed at increasing interest in the
company's stock.
On the New York Stock Exchange, Diamond Shamrock was
trading at 16-1/4, down 1/4.
Earlier this year, T. Boone Pickens offered 15 dlrs a share
for Diamond Shamrock, and management countered with an offer at
17 dlrs and a decision to split off the refining and marketing
operation to its shareholders.
"Our advisors convinced us the market would give higher
multiples for pure plays," Blackburn said.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="273" NEWID="12045">
<DATE> 1-APR-1987 11:46:53.00</DATE>
<TOPICS><D>earn</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f1474reute
r f BC-VMS-STRATEGIC-<VLANS> 04-01 0054</UNKNOWN>
<TEXT>
<TITLE>VMS STRATEGIC <VLANS> SETS INITIAL DIVIDEND</TITLE>
<DATELINE> CHICAGO, April 1 - </DATELINE><BODY>VMS Strategic Land Trust said it
delcared an initial quarterly cash dividend of 30 cts a share,
payable May 15 to shareholders of record April 20.
The company also said that effective today it will be
trading on the NASDAQ system under the symbol <VLANS>.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="274" NEWID="12046">
<DATE> 1-APR-1987 11:47:47.24</DATE>
<TOPICS><D>iron-steel</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f1479reute
u f BC-BETHLEHEM-STEEL-<BS> 04-01 0087</UNKNOWN>
<TEXT>
<TITLE>BETHLEHEM STEEL <BS> SETS PLATE PRICE INCREASES</TITLE>
<DATELINE> BETHLEHEM, Pa., April 1 - </DATELINE><BODY>Bethlehem Steel Corp said its
base price for carbon plates and high-strength and low-alloy
plates will be increased by 25 dlrs to 405 dlrs a short ton,
effective July one.
The company said its composite prices for alloy plates will
also be increased 25 dlrs per ton on the same date, adding it
does not publish its prices for this product.
Bethlehem Steel said its composite prices for strip mill
plates will be increased 15 dlrs a ton.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="275" NEWID="12047">
<DATE> 1-APR-1987 11:48:38.72</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D><D>japan</D></PLACES>
<PEOPLE><D>james-baker</D></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
V RM
f1482reute
b f BC-/TRREASURY'S-BAKER-SE 04-01 0099</UNKNOWN>
<TEXT>
<TITLE>TRREASURY'S BAKER SEES NO TRADE WAR OVER TARIFFS</TITLE>
<DATELINE> WASHINGTON, April 1 - </DATELINE><BODY>Treasury Secretary James Baker said
the U.S. imposition of tariffs on Japanese goods over
semiconductor trade does not signal the start of a trade war.
He also played down the significance of the precipitous
stock market decline earlier this week.
"I don't think this action should be interpreted in any way
as the start of a trade war," he said in response to a question
from a House Appropriations subcommittee.
He said a drop in stock market prices of the magnitude
experienced Monday was not so unusual.
"I don't think it is particularly unusual to see those kinds
of days" on Wall Street, Baker said.
Since Monday, he added, "The stock market has rebounded
rather vigorously."
He urged lawmakers to move cautiously on trade legislation
to avoid overly protectionis⌨️ 快捷键说明
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