📄 reut2-002.sgm
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<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f0190reute
r f BC-OAK-HILL-SPORTSWEAR-C 03-05 0047</UNKNOWN>
<TEXT>
<TITLE>OAK HILL SPORTSWEAR CORP <OHSC> 4TH QTR NET</TITLE>
<DATELINE> NEW YORK, March 5 -
</DATELINE><BODY>Shr 27 cts vs 28 cts
Net 1,026,000 vs 1,025,000
Sales 27.8 mln vs 25.4 mln
Year
Shr 95 cts vs 16 cts
Net 3,682,000 vs 598,000
Sales 102.1 mln vs 100.4 mln
Avg shrs 3,858,000 vs 3,700,000
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="18465" NEWID="2048">
<DATE> 5-MAR-1987 10:04:32.26</DATE>
<TOPICS><D>earn</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f0191reute
r f BC-OAK-INDUSTRIES-INC-<O 03-05 0068</UNKNOWN>
<TEXT>
<TITLE>OAK INDUSTRIES INC <OAK> 4TH QTR LOSS</TITLE>
<DATELINE> SAN DIEGO, March 5 -
</DATELINE><BODY>Oper shr loss five cts vs loss 50 cts
Oper net loss 3,862,000 vs loss 15,900,000
Sales 42.6 mln vs 38.8 mln
Avg shr 72.1 mln vs 31.7 mln
Year
Oper shr loss 51 cts vs loss 2.10 dlrs
Oper net loss 30.3 mln vs 51.3 mln
Sales 151.7 mln vs 153.1 mln
Avg shrs 59.4 mln vs 24.4 mln
Backlog 57.1 mln vs 52.9 mln
NOTES: Operating losses exclude profits from discontinued
operationgs of 1,000,000 dlrs, or one cent a share, vs
2,493,000 dlrs, or eight cts a share, in quarter and 65.0 mln
dlrs, or 1.09 dlrs a share, vs 13.7 mln dlrs, or 56 cts a
share, in year
1986 year operating loss also excludes extraordinary gain
of of 25.6 mln dlrs, or 43 cts a share
Backlog, which includes only orders to be shipped within 12
mths, was 63.0 mln dlrs on January 31. Orders to be shipped
beyond 12 mths were 27.6 mln dlrs vs 17.1 mln dlrs at December
31
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="18466" NEWID="2049">
<DATE> 5-MAR-1987 10:04:36.77</DATE>
<TOPICS><D>earn</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f0192reute
s f BC-REGIS-CORP-<RGIS>-REG 03-05 0024</UNKNOWN>
<TEXT>
<TITLE>REGIS CORP <RGIS> REGULAR DIVIDEND SET</TITLE>
<DATELINE> MINNEAPOLIS, March 5 -
</DATELINE><BODY>Qtly div 4-1/2 cts vs 4-1/2 cts prior
Pay April 15
Record March 24
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="18467" NEWID="2050">
<DATE> 5-MAR-1987 10:05:25.49</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f0196reute
u f BC-JAMESWAY-<JMY>-FEBRUA 03-05 0068</UNKNOWN>
<TEXT>
<TITLE>JAMESWAY <JMY> FEBRUARY SALES UP 13 PCT</TITLE>
<DATELINE> SECAUCUS, N.J., March 5 - </DATELINE><BODY>Jamesway Corp said it had sales
for the four weeks ended February 28, excluding leased
departments, were 31.7 mln dlrs, up 13 pct from 28.0 mln dlrs
in the comperable four week period a year earlier.
On a store for store basis, the company said, sales
increased five pct. It operated 100 stores last month, up from
92 in February 1986.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="18468" NEWID="2051">
<DATE> 5-MAR-1987 10:09:59.43</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f0209reute
u f BC-K-MART-<KM>-COMPARABL 03-05 0102</UNKNOWN>
<TEXT>
<TITLE>K MART <KM> COMPARABLE-STORE FEBRUARY SALES UP</TITLE>
<DATELINE> TROY, Mich., March 5 - </DATELINE><BODY>K Mart Corp said February sales
rose 13.1 pct from a year ago and comparable store sales in the
four-week period ended February 25 rose 8.2 pct.
K Mart said consolidated sales in the period were
1,459,193,000 dlrs compared with 1,289,635,000 dlrs last year.
It said the year-ago figures excluded sales for discontinued
operations such as Designer Depots, Furr's Cafeterias and
Bishop Buffets.
K Mart cited "favorable consumer response to our
merchandise programs" and said its specialty retailers had
"excellent February sales."
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="18469" NEWID="2052">
<DATE> 5-MAR-1987 10:11:50.97</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE><D>james-baker</D></PEOPLE>
<ORGS><D>worldbank</D></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
C G L M T
f0214reute
r f BC-Trade 03-05 0143</UNKNOWN>
<TEXT>
<TITLE>CONGRESS MAY CURB U.S. AID TO DEVELOPMENT BANKS</TITLE>
<DATELINE> WASHINGTON, March 5 - </DATELINE><BODY>Congressional ire is rising against
the multinational development banks which make loans to help
other countries produce goods in direct competition with
beleagured U.S. farmers and miners.
With a record U.S. trade deficit of 169 billion dlrs last
year and a farm economy in the doldrums, Congress is pressing
to hold back U.S. funds for the World Bank and other
development banks if the money is used to subsidize production
or to produce goods already in oversupply around the world.
"American tax dollars are being used to subsidize foreign
agriculture and mineral production that is often in direct
competition with our producers," Senator Don Nickles, an
Oklahoma Republican, said in a letter to fellow senators
seeking support for his legislation to limit these loans.
Nickles and Senator Steven Symms, a conservative Republican
from Idaho, have introduced legislation that would strictly
limit U.S. funding of multinational development banks if they
make any loans to help developing countries produce surplus
commodities or minerals.
Current law requires that the United States vote against
such loans but carries no reprisals if they are ultimately
approved by the banks.
Treasury Secretary James Baker's assurances that U.S.
policy is to oppose these loans did not satisfy concerns raised
at two Senate committee hearings last week.
Baker told a Senate Appropriations subcommittee on Foreign
Operations, "As a policy matter, we oppose loans for production
of commodities in oversupply."
The senators cited a 350-mln-dlr World Bank loan made to
Argentina last year to help it increase its agricultural
exports by one billion dlrs a year by 1989.
Nickles, Symms and others also have cited other loans such
as a 1985 World Bank loan to Hungary to expand livestock
exports and 500 mln dlrs lent to Thailand from 1981 to 1985 at
low interest rates for agriculture.
Last year the Republican-controlled Senate voted three
times over the objections of the administration to cut U.S.
funding of development banks by the amount of these loans.
But even with a 65 to 15 vote in favour of the proposal,
the restrictions were weakened in the final version. Only a
provision directing U.S. officials to vote disapproval cleared
Congress.
This year's version, called the Foreign Agricultural
Investment Reform (FAIR) Act would require the U.S. to vote
against loans designed to increase production of surplus
commodities and minerals. Also, the recipient countries would
have to prove that the production, marketing and export of the
commodities could be handled without government subsidy.
If the loan is approved over U.S. objections, the United
States would not increase or replenish funds for that
institution until it agrees to stop making such loans.
Objections to such loans have most often been raised by
conservative Republicans who have traditionally opposed U.S.
funding for these international development banks.
But the loss of many jobs to foreign competition has raised
similar concerns among more moderate senators.
The administration opposes any legislation that would tie
its hands in votes on the loans. It argues there might be
instances in which a country needed the money to continue its
moves toward U.S. policies in other areas.
Baker said the United States would continue to use its
leverage in the banks to require foreign trade liberalization
measures, often in the form of elimination of subsidies.
Two House Republicans, Representatives Larry Craig of Idaho
and Beau Bolter of Texas, have introduced the bill. But it
faces stiff opposition in the House Banking Committee which has
blocked its consideration by the House in the past.
Symms intends to offer the bill as an amendment to any
related legislation this year, an aide said.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="18470" NEWID="2053">
<DATE> 5-MAR-1987 10:13:13.34</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f0219reute
d f BC-EQUATORIAL-<EQUA>-SIG 03-05 0094</UNKNOWN>
<TEXT>
<TITLE>EQUATORIAL <EQUA> SIGNS PACT WITH CONTEL UNIT</TITLE>
<DATELINE> MOUNTAIN VIEW, Calif., March 5 - </DATELINE><BODY>Equatorial Communications
Co, a satellite data network concern, said it has signed an
agreement with Contel Corp's <CTC>, Contel ASC, unit allowing
Contel ASC to buy 3.6 mln shares of Equatorial stock at 3.25
dlrs per share.
In addition, Equatorial said under the agreement Contel ASC
would buy a minimum of 10 mln dlrs of equipment from
Equatorial, loan Equatorial up to six mln dlrs and assume a
portion of Equatorial's rights and obligations under a
satellite transponder lease.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="18471" NEWID="2054">
<DATE> 5-MAR-1987 10:13:54.12</DATE>
<TOPICS><D>acq</D></TOPICS>
<PLACES><D>west-germany</D><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f0223reute
d f BC-MANNESMANN-SEEKS-STAK 03-05 0101</UNKNOWN>
<TEXT>
<TITLE>MANNESMANN SEEKS STAKE IN U.S. FIRM</TITLE>
<DATELINE> DUESSELDORF, March 5 - </DATELINE><BODY>Mannesmann AG <MMWG.F>, the
diversified engineering and pipe-making group, is interested in
taking a stake in a U.S. Company or companies but has not yet
found a suitable firm, a spokesman said in reply to questions.
Mannesmann managing board chairman Werner Dieter told the
business weekly Wirtschaftswoche in an interview that
Mannesmann wanted to invest in a U.S. Company in order to
strengthen its presence on the U.S. Market.
Dieter said Mannesmann would act quickly when and if it
found a firm in which it wanted to take a stake.
The Mannesmann spokesman declined to say in which
industrial sector the group may make a U.S. Acquisition or how
big the acquisition might be.
He also said the group had not yet completed taking over a
stake in car components firm <Fichtel und Sachs AG>.
Mannesmann had said in January it hoped to take a 37.5 pct
stake in Fichtel und Sachs's holding company, Sachs AG, in the
first quarter. The spokesman said Mannesmann had a letter of
intent on the takeover from the heirs of the company's late
owner but completion has been delayed by legal questions
concerning the inheritance.
REUTER
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="18472" NEWID="2055">
<DATE> 5-MAR-1987 10:15:44.63</DATE>
<TOPICS><D>earn</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f0228reute
u f BC-AMERICAN-INT'L-GROUP 03-05 0052</UNKNOWN>
<TEXT>
<TITLE>AMERICAN INT'L GROUP INC <AIG> 4TH QTR NET</TITLE>
<DATELINE> NEW YORK, March 5 -
</DATELINE><BODY>Shr 1.83 dlrs vs 77 cts
Net 296.6 mln vs 120.1 mln
Year
Shr 4.90 dlrs vs 2.76 dlrs
Net 795.8 mln vs 420.5 mln
NOTE: Includes gains of 139.2 mln vs 46.8 mln in year and
94.0 mln vs 11.6 mln from capital gains from investments.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="18473" NEWID="2056">
<DATE> 5-MAR-1987 10:17:54.70</DATE>
<TOPICS><D>earn</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f0241reute
r f BC-SYSTEMS-FOR-HEALTH-CA 03-05 0075</UNKNOWN>
<TEXT>
<TITLE>SYSTEMS FOR HEALTH CARE IN ONE-FOR-50 SPLIT</TITLE>
<DATELINE> CHICAGO, March 5 - </DATELINE><BODY>Systems for Health Care Inc said it
repositioned the company through a one-for-50 reverse stock
split.
It said there are now 3,002,500 common shares outstanding
with a quoted price of about 7/8 bid, compared to 150,125,000
shares outstanding prior to the spli
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