📄 reut2-001.sgm
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REUTER
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="16333" NEWID="1013">
<DATE> 3-MAR-1987 09:37:43.02</DATE>
<TOPICS><D>earn</D></TOPICS>
<PLACES><D>canada</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
E F
f0339reute
r f BC-mark-resources-inc 03-03 0044</UNKNOWN>
<TEXT>
<TITLE><MARK RESOURCES INC> YEAR LOSS</TITLE>
<DATELINE> CALGARY, Alberta, March 3 -
</DATELINE><BODY>Shr not given
Loss 54.9 mln
Revs 27.2 mln
Note: Prior year results not given. 1986 results include
accounts of 89 pct owned <Precambrian Shield Resources Ltd>,
acquired November 5, 1986
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="16334" NEWID="1014">
<DATE> 3-MAR-1987 09:37:53.73</DATE>
<TOPICS></TOPICS>
<PLACES><D>uk</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
A
f0340reute
r f BC-SAAB-SCANIA-ISSUES-15 03-03 0078</UNKNOWN>
<TEXT>
<TITLE>SAAB-SCANIA ISSUES 150 MLN DLR EUROBOND</TITLE>
<DATELINE> LONDON, March 3 - </DATELINE><BODY>Saab-Scania AB is issuing a 150 mln dlr
eurobond due April 2, 1992 paying 7-3/4 pct and priced at
101-3/4 pct, lead manager Morgan Guaranty Ltd said.
The bond is available in denominations of 5,000 and 50,000
dlrs and will be listed in London. Payment date is April 2,
1992.
Fees comprise 1-1/4 pct selling concession and 5/8 pct
management and underwriting combined, and listing will be in
London.
REUTER
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="16335" NEWID="1015">
<DATE> 3-MAR-1987 09:38:16.31</DATE>
<TOPICS><D>earn</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f0341reute
d f BC-TRANSFORM-LOGIC-<TOOG 03-03 0133</UNKNOWN>
<TEXT>
<TITLE>TRANSFORM LOGIC <TOOG> REVISES RESULTS DOWNWARD</TITLE>
<DATELINE> SCOTTSDALE, Ariz., March 3 - </DATELINE><BODY>Transform Logic Corp said it
has revised downward its previously reported fourth quarter and
year, ended October 31, results to reflect compensation expense
for employee stock options.
The company said resolution of this disagreement with its
auditors came as a result of Securities and Exchange Commission
involvement. The company will amend its option-granting
procedure to conform to the SEC decision which will eliminate
future charges, it added.
Transform said its fourth quarter profit was revised to
305,082 dlrs, or two cts a share, from the previously reported
580,955 dlrs, which left the company with a fiscal 1986 loss of
249,814 dlrs, or two cts a share, instead of the reported
26,195 dlrs profit.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="16336" NEWID="1016">
<DATE> 3-MAR-1987 09:38:28.76</DATE>
<TOPICS><D>earn</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f0342reute
r f BC-AMERICAN-STORES-<ASC> 03-03 0061</UNKNOWN>
<TEXT>
<TITLE>AMERICAN STORES <ASC> SEES LOWER YEAR NET</TITLE>
<DATELINE> SALT LAKE CITY, March 3 - </DATELINE><BODY>American Stores Co said it
expects to report earnings per share of 3.70 to 3.85 dlrs per
share on sales of slightly over 14 billion dlrs for the year
ended January 31.
The supermarket chain earned 4.11 dlrs per share on sales
of 13.89 billion dlrs last year.
The company did not elaborate.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="16337" NEWID="1017">
<DATE> 3-MAR-1987 09:38:33.69</DATE>
<TOPICS><D>earn</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f0343reute
r f BC-KASLER-CORP-<KASL>-1S 03-03 0031</UNKNOWN>
<TEXT>
<TITLE>KASLER CORP <KASL> 1ST QTR JAN 31 NET</TITLE>
<DATELINE> SAN BERNARDINO, Calif., March 3 -
</DATELINE><BODY>Shr profit three cts vs loss seven cts
Net profit 161,000 vs loss 367,000
Revs 24.3 mln vs 26.5 mln
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="16338" NEWID="1018">
<DATE> 3-MAR-1987 09:41:45.44</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f0346reute
r f BC-CARIBBEAN-SELECT-<CSE 03-03 0091</UNKNOWN>
<TEXT>
<TITLE>CARIBBEAN SELECT <CSEL> TO REDEEM WARRANTS</TITLE>
<DATELINE> TAMPA, Fla., March 3 - </DATELINE><BODY>Caribbean Select Inc said it has
elected to redeem on April 10 all its Class A warrants and all
Class B warrants at 0.01 ct each.
At the same time, it said its board has decided to reduce
the exercise price of the Class B warrants to 3.50 dlrs per
common share from four dlrs to encourage the exercise of the
warrants. Each Class B warrant allows the purchase of one
common share.
It said each Class A warrant is still exercisable into one
common share at two dlrs each.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="16339" NEWID="1019">
<DATE> 3-MAR-1987 09:45:18.22</DATE>
<TOPICS><D>earn</D></TOPICS>
<PLACES><D>uk</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f0356reute
d f BC-UNILEVER-HAS-IMPROVED 03-03 0099</UNKNOWN>
<TEXT>
<TITLE>UNILEVER HAS IMPROVED MARGINS, VOLUMES IN 1986</TITLE>
<DATELINE> LONDON, MARCH 3 - </DATELINE><BODY>Unilever Plc <UN.A> and NV group reported
improvements in margins and underlying sales volume growth of
five pct in 1986 after stripping out the effects of falling
prices, disposals and currency movements, Unilever Plc chairman
Michael Angus said.
He told reporters that volumes in North America increased
some 10.5 pct while European consumer goods rose about 2.5 pct
after being flat for some years.
Much of the disposal strategy, aimed at concentrating
activities on core businesses, had now been completed, he
noted.
But the process of acquisitions would go on, with strategic
acquisitions taking place "from time to time," he said.
The company earlier reported a 20 pct rise in pre-tax
profits for 1986 to 1.14 billion stg from 953 mln previously.
In guilder terms, however, profits at the pre-tax level dropped
three pct to 3.69 billion from 3.81 billion.
Angus said the recent purchase of Chesebrough-Pond's Inc
<CBM.N> for 72.50 dlrs a share was unlikely to bring any
earnings dilution.
However, it would not add much to profits, with much of the
company's operating profits paying for the acquisition costs.
Finance director Niall Fitzgerald added that while gearing
- debt to equity plus debt - rose to about 60 pct at end 1986
from 35 pct last year, this was expected to drop back to about
40 pct by end-1987.
The same divergence was made in full year dividend, with
Unilever NV's rising 3.4 pct to 15.33 guilders and Unilever
Plc's increasing 29.9 pct to 50.17p, approximately in line with
the change in attributable profit.
Angus said the prospectus for the sale of parts of
Chesebrough was due to be published shortly. However, he said
that there was no target date for completing the process.
He also declined to say what sort of sum Unilever hoped to
realise from the operation, beyond noting that Chesebrough had
paid around 1.25 billion dlrs for Stauffer Chemical Co, which
operates outside Unilever's core activities.
In the U.S., Organic growth from the Lipton Foods business,
considerable expansion in the household products business and
in margarine had been behind the overall sales increase.
However, he noted that the U.S. Household products business
had turned in a planned loss, with fourth quarter performance
better than expected despite the anticipated heavy launch costs
of its Surf detergents.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="16340" NEWID="1020">
<DATE> 3-MAR-1987 09:45:29.48</DATE>
<TOPICS><D>acq</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f0357reute
r f BC-SARA-LEE-<SLE>-TO-BUY 03-03 0096</UNKNOWN>
<TEXT>
<TITLE>SARA LEE <SLE> TO BUY 34 PCT OF DIM</TITLE>
<DATELINE> CHICAGO, March 3 - </DATELINE><BODY>Sara Lee Corp said it agreed to buy a 34
pct interest in Paris-based DIM S.A., a subsidiary of BIC S.A.,
at a cost of about 84 mln dlrs.
DIM S.A., a hosiery manufacturer, had 1985 sales of about
260 mln dlrs.
The investment includes the purchase of 360,537 newly
issued DIM shares valued at about 51 mln dlrs and a loan of
about 33 mln dlrs, it said. The loan is convertible into an
additional 229,463 DIM shares, it noted.
The proposed agreement is subject to approval by the French
government, it said.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="16341" NEWID="1021">
<DATE> 3-MAR-1987 09:45:54.32</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f0358reute
r f BC-HOLIDAY-CORP-<HIA>-HO 03-03 0086</UNKNOWN>
<TEXT>
<TITLE>HOLIDAY CORP <HIA> HOTEL GROUP ADDS PROPERTIES</TITLE>
<DATELINE> MEMPHIS, Tenn., March 3 - </DATELINE><BODY>Holiday Corp's Holiday Inn Hotel
Group said it will add a record 17 hotels with 4,440 rooms to
its international division as part of its plan to double its
presence abroad by 1995.
The company said its international division will reach
50,000 rooms by this spring, classifying it as the eighth
largest hotel chain in the world. Holiday said by the end of
the year, there will be approximately 220 Holiday Inn hotels in
54 countries.
The company said it plans to expand from 28 to 55 hotels in
its Asia/Pacific region and to 192 in its Europe/Middle
East/Africa regionby 1995.
For 1987, the hotel group will focus on expansion on
Western Europe and Asia, citing China as an untapped source for
the international lodging industry.
Holiday also said it will concentrate on city center hotels
in key destination cities in Western Europe, catering primarily
to business travelers.
Some of those cities where Holiday said it will open new
properties this year include Amsterdam, Lyon/Atlas and Lisbon.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="16342" NEWID="1022">
<DATE> 3-MAR-1987 09:46:36.82</DATE>
<TOPICS><D>trade</D></TOPICS>
<PLACES><D>usa</D><D>china</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
G T M C
f0360reute
r f BC-CHINA-CALLS-FOR-BETTE 03-03 0140</UNKNOWN>
<TEXT>
<TITLE>CHINA CALLS FOR BETTER TRADE DEAL WITH U.S.</TITLE>
<DATELINE> PEKING, March 3 - </DATELINE><BODY>China called on the United States to
remove curbs on its exports, to give it favourable trading
status and ease restrictions on exports of high technology.
But the U.S. Embassy replied that Chinese figures showing
13 years of trade deficits with the U.S. Out of the last 15 are
inaccurate and said Peking itself would have to persuade
Congress to change laws which limit its exports.
The official International Business newspaper today
published China's demands in a editorial to coincide with the
visit of U.S. Secretary of State George Shultz.
"It is extremely important that the U.S. Market reduce its
restrictions on Chinese imports, provide the needed facilities
for them and businessmen from both sides help to expand Chinese
exports," the editorial said.
"The U.S. Should quickly discard its prejudice against
favourable tariff treatment for Chinese goods and admit China
into the Generalised System of Preference (GSP).
"Despite easing of curbs on U.S. Technology exports in
recent years, control of them is still extremely strict and
influences normal trade between the two countries," it added.
The paper also printed an article by China's commercial
counsellor in its Washington embassy, Chen Shibiao, who said
that "all kinds of difficulties and restrictions" were preventing
bilateral trade fulfilling its full potential.
He named them as U.S. Protectionist behaviour, curbs on
technology transfer and out-of-date trade legislation.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="16343" NEWID="1023">
<DATE> 3-MAR-1987 09:46:55.59</DATE>
<TOPICS><D>lei</D></TOPICS>
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