📄 reut2-009.sgm
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For the fourth quarter, it reported earnings of 118.8 mln
dlrs, including a gain of 28.6 mln dlrs for discontinued
operations and 90.5 mln dlrs mainly for claims settlements. In
the year-ago period, Charter reported a loss of 13 mln dlrs.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="14554" NEWID="9033">
<DATE>24-MAR-1987 16:32:07.68</DATE>
<TOPICS><D>acq</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f2518reute
r f BC-NASHUA-<NSH>-TO-PURCH 03-24 0083</UNKNOWN>
<TEXT>
<TITLE>NASHUA <NSH> TO PURCHASE PRIVATE DISC MAKER</TITLE>
<DATELINE> NASHUA, N.H., March 24 - </DATELINE><BODY>Nashua Corp said it signed a
letter of intent to purchase <Lin Data Corp>, a private
manufacturer of high-capacity rigid discs for storage of
computer data.
Under the terms of the letter, Nashua said it will acquire
all classes of Lin stock for 24 mln dlrs. In addition, it said
it will loan Lin 1,200,000 dlrs to support its operations.
The closing of the sale is set for the second quarter of
1987, the company said.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="14555" NEWID="9034">
<DATE>24-MAR-1987 16:34:49.02</DATE>
<TOPICS><D>earn</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f2522reute
r f BC-ALTRON-INC-<ALRN>-4TH 03-24 0072</UNKNOWN>
<TEXT>
<TITLE>ALTRON INC <ALRN> 4TH QTR JAN 3</TITLE>
<DATELINE> WILMINGTON, Mass, March 24 -
</DATELINE><BODY>Shr loss 56 cts vs loss five cts
Net loss 1.9 mln vs loss 164,000
revs 6.9 mln vs 5.4 mln
Year
Shr loss 1.15 dlrs vs profit 52 cts
Net loss 3.8 mln vs profit 1.7 mln
Revs 25.6 mln vs 29.8 mln
NOTE: 1987 net loss includes loss 6.5 mln dlrs for
nonrecurring reserve for closing costs of facility, writeoffs
and sales of real estate.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="14556" NEWID="9035">
<DATE>24-MAR-1987 16:38:19.15</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f2534reute
r f BC-COLLINS-FOODS-<CF>-MO 03-24 0077</UNKNOWN>
<TEXT>
<TITLE>COLLINS FOODS <CF> MOVES UP WARRANT CONVERSION</TITLE>
<DATELINE> LOS ANGELES, March 24 - </DATELINE><BODY>Collins Foods International Inc
said it moved up the conversion date for its warrants to
purchase common stock to April 24.
There are currently 2,160,000 warrants outstanding, the
company said. It said each warrant entitles the holder to buy
one Collins common share at 12.11 dlrs per share.
Collins also said the warrants were originally scheduled to
expire on December 15, 1988.
But the agreement under which the warrants were issued
permits the company to accelerate the date if the closing price
of its common stock equals or exceeds 21.78 dlrs per share for
10 consecutive trading days, the company said.
It also pointed out that the stock price closed at 22.75
dlrs per share on March 23.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="14557" NEWID="9036">
<DATE>24-MAR-1987 16:38:34.38</DATE>
<TOPICS><D>earn</D><D>acq</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f2535reute
u f BC-GENCORP-<GY>-PROPOSAL 03-24 0098</UNKNOWN>
<TEXT>
<TITLE>GENCORP <GY> PROPOSALS WITHDRAWN FROM MEETING</TITLE>
<DATELINE> AKRON, Ohio, March 24 - </DATELINE><BODY>GenCorp Inc said it withdrew from
consideration at its annual meeting on March 31 proposals aimed
at providing for a stock split and an increased dividend so
that it could focus its energies on responding to the takeover
offer made last week by a partnership of AFG Industries Inc
<AFG> and Wagner and Brown.
In addition to proposing an increase in the number of its
outstanding common shares, GenCorp had suggested the adoption
of a classified or "staggered" board and the elimination of
cumulative voting.
GenCorp said these proposals could "distract energy and
attention from the real task at hand -- to respond to the
tender offer in a manner which is in the best interests of the
company, its shareholders and its other constituencies."
GenCorp said the proposal to increase its outstanding
shares was made with the aim of declaring a stock split and a
dividend increase.
The other proposals, it said, would provide for greater
long-term stability and cohesiveness for the GenCorp board.
The company did not indicate when it might resubmit the
proposals for approval by its shareholders.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="14558" NEWID="9037">
<DATE>24-MAR-1987 16:39:39.76</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
Y
f2540reute
r f BC-WEEKLY-ELECTRIC-OUTPU 03-24 0073</UNKNOWN>
<TEXT>
<TITLE>WEEKLY ELECTRIC OUTPUT UP 2.4 PCT FROM 1986</TITLE>
<DATELINE> WASHINGTON, March 24 - </DATELINE><BODY>U.S. power companies generated a net
47.47 billion kilowatt-hours of electrical energy in the week
ended March 21, up 2.4 pct from 46.36 billion a year earlier,
the Edison Electric Institute (EEI) said.
In its weekly report on electric output, the electric
utility trade association said electric output in the week
ended March 14 was 48.31 billion kilowatt-hours.
The EEI said power production in the 52 weeks ended March
21 was 2,557.44 billion kilowatt hours, up 2.1 pct from the
year-ago period.
Electric output so far this year was 602.26 billion
kilowatt hours, up 2.2 pct from 589.51 billion last year, the
EEI said.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="14559" NEWID="9038">
<DATE>24-MAR-1987 16:40:00.41</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f2541reute
r f BC-MONOLITHIC-<MMIC>-TO 03-24 0096</UNKNOWN>
<TEXT>
<TITLE>MONOLITHIC <MMIC> TO DROP GATE ARRAY LINE</TITLE>
<DATELINE> SANTA CLARA, Calif., March 24 - </DATELINE><BODY>Monolithic Memories Inc
said it plans to discontinue marketing its gate array
integrated circuit product line and focus efforts on the market
for field-programmable products.
It said the current market dynamics will hinder
profitability in the gate array market for some time.
Monolithic also said it does not expect the move to have a
negative impact on earnings, adding, the company has estimated
that the gate array products would have contributed only one
pct of revenues in fiscal 1987.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="14560" NEWID="9039">
<DATE>24-MAR-1987 16:40:32.83</DATE>
<TOPICS><D>crude</D><D>gas</D></TOPICS>
<PLACES></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
Y
f2543reute
u f BC-******API-SAYS-DISTIL 03-24 0015</UNKNOWN>
<TEXT TYPE="BRIEF">
******<TITLE>API SAYS DISTILLATE STOCKS OFF 4.07 MLN BBLS, GASOLINE OFF 2.69 MLN, CRUDE UP 8.53 MLN
</TITLE>Blah blah blah.

</TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="14561" NEWID="9040">
<DATE>24-MAR-1987 16:41:16.33</DATE>
<TOPICS><D>earn</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f2547reute
r f BC-VERMONT-FINANCIAL-SER 03-24 0038</UNKNOWN>
<TEXT>
<TITLE>VERMONT FINANCIAL SERVICES <VFSC> SETS PAYOUT</TITLE>
<DATELINE> BRATTLEBORO, Vermont, March 24 - </DATELINE><BODY>Vermont Financial Services
Corp said its board approved a regular 20 cts per share cash
dividend payable April 25 to shareholders of record March 26.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="14562" NEWID="9041">
<DATE>24-MAR-1987 16:41:51.89</DATE>
<TOPICS><D>acq</D></TOPICS>
<PLACES></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f2551reute
f f BC-******RESORTS-INTERNA 03-24 0011</UNKNOWN>
<TEXT TYPE="BRIEF">
******<TITLE>RESORTS INTERNATIONAL GETS BUYOUT PROPOSAL FROM KSZ CO INC
</TITLE>Blah blah blah.

</TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="14563" NEWID="9042">
<DATE>24-MAR-1987 16:42:09.41</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f2554reute
d f BC-VR-BUSINESS-BROKERS-E 03-24 0073</UNKNOWN>
<TEXT>
<TITLE>VR BUSINESS BROKERS EXPANDS OPERATIONS</TITLE>
<DATELINE> BOSTON, March 24 - </DATELINE><BODY><VR Business Brokers> said it sold a
master franchise license to one of the largest independent
groups of management consultants in the Caribbean.
It said that under the master license the group will
operate under the name VR Caribbean Inc and will cover
countries of the Caribbean basin and Central America and Dade
County, Fla.
Terms of the sale were not disclosed.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="14564" NEWID="9043">
<DATE>24-MAR-1987 16:42:29.98</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f2556reute
u f BC-CORRECTED---ATT-<T>-F 03-24 0112</UNKNOWN>
<TEXT>
<TITLE>CORRECTED - ATT <T> FORMS COMPUTER SALES GROUPS</TITLE>
<DATELINE> NEW YORK, March 24 - </DATELINE><BODY>American Telephone and Telegraph Co
said it formed a 600-member sales force dedicated exclusively
to its computers and other data systems products.
Separately, ATT denied reports that it plans to buy back a
large chunk of its stock. ATT's stock is up 1/4 points at
25-1/8 in heavy trading.
The company said it also created a separate 500-member team
that will educate the computer sales force and its other sales
groups on ATT's computer products. This group, ATT said,
reports directly to Vittorio Cassoni, senior vice president of
its computer unit. (Corrects sales support team size to 500)
REUTER
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="14565" NEWID="9044">
<DATE>24-MAR-1987 16:44:02.04</DATE>
<TOPICS><D>earn</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f2558reute
s f BC-GREAT-ATLANTIC-AND-PA 03-24 0024</UNKNOWN>
<TEXT>
<TITLE>GREAT ATLANTIC AND PACIFIC TEA CO INC <GAP> DIV</TITLE>
<DATELINE> NEW YORK, March 24 -
</DATELINE><BODY>Qtly div 10 cts vs 10 cts prior
Payable May one
Record April 15
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="14566" NEWID="9045">
<DATE>24-MAR-1987 16:44:47.92</DATE>
<TOPICS><D>acq</D></TOPICS>
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