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<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="15522" NEWID="10001">
<DATE>26-MAR-1987 12:12:57.76</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
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f1727reute
d f BC-AMOCO-<AN>-UNIT-EXPAN 03-26 0094</UNKNOWN>
<TEXT>
<TITLE>AMOCO <AN> UNIT EXPANDS CARPET YARN PLANT</TITLE>
<DATELINE> CHICAGO, March 26 - </DATELINE><BODY>Amoco Corp said its Amoco Fabrics Co
will expand the capacity of its polypropylene carpet face yarn
facility by 55 pct to support its successful penetration of the
commercial and residential carpet markets.
It said the expansion of the plant in Andalusia, Ala., will
bring Amoco's total face yarn capacity to nearly 140 mln pounds
a year, with Andalusia capacity at 85 mln pounds.
Amoco Fabrics is part of Amoco Chemicals Co, the chemical
manufacturing and marketing subsidiary of Amoco Corp.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="15523" NEWID="10002">
<DATE>26-MAR-1987 12:13:39.63</DATE>
<TOPICS><D>earn</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
E F
f1730reute
d f BC-island-telephone 03-26 0038</UNKNOWN>
<TEXT>
<TITLE>ISLAND TELEPHONE SHARE SPLIT APPROVED</TITLE>
<DATELINE> CHARLOTTETOWN, Prince Edward Island, March 26 - </DATELINE><BODY><Island
Telephone Co Ltd> said the previously announced two-for-one
common share split was approved by shareholders at the annual
meeting.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="15524" NEWID="10003">
<DATE>26-MAR-1987 12:15:35.31</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D><D>uk</D><D>switzerland</D><D>belgium</D><D>luxembourg</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f1735reute
r f BC-BIOGEN-<BGNF>-GETS-PA 03-26 0103</UNKNOWN>
<TEXT>
<TITLE>BIOGEN <BGNF> GETS PATENT FROM EUROPEAN OFFICE</TITLE>
<DATELINE> CAMBRIDGE, Mass., March 26 - </DATELINE><BODY>Biogen Inc said the European
Patent Office granted it a patent covering certain proteins
used to produce a hepatitis B vaccine through genetic
engineering techniques.
Robert Gottlieb, Biogen spokesman, said the company has
licensed the vaccine on a nonexclusive basis to <Wellcome PLC>,
the British pharmaceutical firm, and is discussing licensing
with other companies.
Biogen said the patent gives it the right to exclude others
from marketing hepatitis B vaccine in the 11 member countries
of the European Patent Convention.
Gottlieb said the company has also filed a patent in other
markets, including the U.S. The vaccine is in clinical tests.
Patents in the biotechnology field are particularly
important as the company with an exclusive patent can reap
large rewards. Recently many of the products of genetic
engineering have become the target of patent lawsuits.
Merck and Co Inc <MRK> already sells a genetically
engineered hepatitis B vaccine in the U.S. called Recombivax
HB. A subsidiary of <SmithKline Beckman Corp>, SmithKline
Biologicals, based in Belgium, is selling a hepatitis B
vaccine, called Engerix-B, in Belgium.
A SmithKline spokesman said the vaccine has also been
formally approved in Switzerland and Luxembourg and has been
authorized for market in a number of Far East countries.
Hepatitis B is a serious liver infection common in many
parts of Africa and southeast Asia where about five pct to 15
pct of the population carry the virus. In the U.S. about
200,000 new cases occur each year.
Last December the European Patent Ofice rejected Biogen's
patent for alpha-interferon, which Biogen said it will appeal
once it receives a formal written opinion from the office.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="15525" NEWID="10004">
<DATE>26-MAR-1987 12:17:26.37</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
C
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d f BC-KEY-HOUSE-MEMBER-OPPO 03-26 0113</UNKNOWN>
<TEXT>
<TITLE>KEY U.S. HOUSE MEMBER OPPOSES CFTC USER PLAN</TITLE>
<DATELINE> WASHINGTON, March 26 - </DATELINE><BODY>A key U.S. House member said he
opposed a Reagan administration plan to shift the cost of
surveillance of futures exchanges to the private sector.
"I just think user fees are the wrong way to attack a
problem of this sort," said Rep. Ed Jones (D-Tenn.), chairman
of the House Agriculture Subcommittee on Conservation, Credit
and Rural Development.
The White House budget office has asked the Commodity
Futures Trading Commission, CFTC, to draw up a plan for
transferring the three-mln dlr cost of monitoring futures
trading to either exchanges, futures commission merchants or
users of the markets.
CFTC Commissioner William Seale said the proposal was a
move in the wrong direction. "I would prefer to see
(surveillance) paid for through the appropriations process
rather than through taxation of market participants," he said.
CFTC Chairman Susan Phillips told the panel the commission
was preparing the proposal, due to be completed April 15, at
the request of the Office of Management and Budget.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="15526" NEWID="10005">
<DATE>26-MAR-1987 12:19:18.42</DATE>
<TOPICS><D>trade</D><D>acq</D></TOPICS>
<PLACES><D>uk</D><D>japan</D></PLACES>
<PEOPLE><D>thatcher</D></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
RM
f1749reute
u f BC-U.K.-GROWING-IMPATIEN 03-26 0119</UNKNOWN>
<TEXT>
<TITLE>U.K. GROWING IMPATIENT WITH JAPAN - THATCHER</TITLE>
<DATELINE> LONDON, March 26 - </DATELINE><BODY>Prime Minister Margaret Thatcher said
the U.K. Was growing more impatient with Japanese trade
barriers and warned that it would soon have new powers against
countries not offering reciprocal access to their markets.
She told Parliament that the bid by the U.K.'s Cable and
Wireless Plc <CAWL.L> to enter the Japanese telecommunications
market was being regarded by her government as a test case.
"I wrote to the prime minister of Japan, Mr Nakasone, on the
fourth of March to express our interest on the Cable and
Wireless bid. I have not yet had a reply. We see this as a test
on how open the Japanese market really is," Thatcher said.
Thatcher told Parliament that "shortly ... We shall have
more powers than we have now, when, for example the powers
under the Financial Services Act and the Banking Act become
available, then we shall be able to take action in cases where
other countries do not offer the same full access to financial
services as we do."
Cable and Wireless is seeking a stake in the proposed
Japanese telecommunications rival to Kokusai Denshin Denwa.
But the Japanese minister for post and telecommunications
was reported as saying that he opposed Cable and Wireless
having a managerial role in the new company.
REUTER
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="15527" NEWID="10006">
<DATE>26-MAR-1987 12:20:34.41</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
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f1755reute
u f BC-GENCORP<GY>-TO-BUILD 03-26 0107</UNKNOWN>
<TEXT>
<TITLE>GENCORP<GY> TO BUILD 50 MLN DLR PLANT IN INDIANA</TITLE>
<DATELINE> AKRON, Ohio, March 26 - </DATELINE><BODY>GenCorp said it plans to build a 50
mln dlr manufacturing facility in Shelbyville, Ind.
The company said it will begin building the plant, where it
will produce reinforced plastic components for cars and trucks,
this May with an expected completion date in mid-1988.
GenCorp said its DiversiTech General unit will operate the
plant through its reinforced plastics division.
"We believe the use of reinforced plastics in cars and
trucks will grow," A. William Reynolds, GenCorp chairman and
chief executive officer said as the reason for building the
plant.
"Our investment in the Shelbyville plant reflects the
confidence we have in the future of this product line,"
Reynolds added.
GenCorp said the plant will create 500 new jobs.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="15528" NEWID="10007">
<DATE>26-MAR-1987 12:21:18.81</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
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f1761reute
r f BC-JONES-INTERNATIONAL-R 03-26 0090</UNKNOWN>
<TEXT>
<TITLE>JONES INTERNATIONAL REALIGNS SUBSIDIARIES</TITLE>
<DATELINE> ENGLEWOOD, Colo., March 26 - </DATELINE><BODY><Jones International Ltd> said
it realigned several subsidiaries to accommodate corporate
strategy.
Jones said ultimate control of the subsidiaries will remain
unchanged under the realignment.
Jones said it will exchange approximately 97 pct of its
holdings of the common stock of Jones Intercable Inc <JOIN> for
Class A common stock of Jones Spacelink Ltd <SPLK>. The company
said the move will enable Spacelink to elect 75 pct of
Intercable's directors.
In addition, Jones said 60 pct of the common stock of its
subsidiary, <The Jones Group Ltd>, will be exchanged for Class
A common stock of Jones Spacelink Ltd.
Following the exchange, Jones International's ownership of
Spacelink Class A voting stock will increase to approximately
89 pct.
Jones International said it will retain approximately two
pct of the common stock and approximately four pct of the Class
A common stock of Jones Intercable as well as the remaining 40
pct of the Jones Group stock.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="15529" NEWID="10008">
<DATE>26-MAR-1987 12:21:42.19</DATE>
<TOPICS><D>earn</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f1764reute
d f BC-QUESTECH-INC-<QTEC>-Y 03-26 0062</UNKNOWN>
<TEXT>
<TITLE>QUESTECH INC <QTEC> YEAR NET</TITLE>
<DATELINE> MCLEAN, Va., March 26 -
</DATELINE><BODY>Shr loss nil vs profit 19 cts
Net loss 3,175 vs profit 284,945
Revs 13.6 mln vs 10.6 mln
Year
Shr profit 13 cts vs profit 56 cts
Net profit 195,202 vs profit 857,006
Revs 47.5 mln vs 42.9 mln
Note: Current year net includes charge against discontinued
operations of 1,060,848 dlrs.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="15530" NEWID="10009">
<DATE>26-MAR-1987 12:22:10.06</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
RM
f1766reute
u f BC-ASLK-CGER-FINANCE-ISS 03-26 0094</UNKNOWN>
<TEXT>
<TITLE>ASLK-CGER FINANCE ISSUES 10 BILLION YEN BOND</TITLE>
<DATELINE> LONDON, March 26 - </DATELINE><BODY>ASLK-CGER Finance NV is issuing a 10
billion yen eurobond due April 10, 1994 with a 5-1/2 pct coupon
and priced at 101-1/2 pct, lead manager IBJ International Ltd
said.
The bonds are guaranteed by Belgian savings bank ASLK-CGER
Bank and have all been pre-placed. They will be issued in
denominations of one mln yen and listed in Luxembourg.
Fees comprise 5/8 pct for management and underwriting
combined, with a 1/8 pct praecipuum, and 1-1/4 pct for selling.
Pay date is April 10.
REUTER
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="15531" NEWID="10010">
<DATE>26-MAR-1987 12:23:03.99</DATE>
<TOPICS></TOPICS>
<PLACES></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f1768reute
f f BC-******UAW-STRIKES-GM 03-26 0009</UNKNOWN>
<TEXT TYPE="BRIEF">
******<TITLE>UAW STRIKES GM TRUCK AND BUS PLANT AT PONTIAC, MICH
</TITLE>Blah blah blah.

</TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="15532" NEWID="10011">
<DATE>26-MAR-1987 12:26:06.29</DATE>
<TOPICS><D>crude</D><D>nat-gas</D></TOPICS>
<PLACES><D>canada</D></PLACES>
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