📄 reut2-006.sgm
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<UNKNOWN>
F
f5340reute
r f BC-<WARNACO-GROUP-INC>-E 03-17 0072</UNKNOWN>
<TEXT>
<TITLE><WARNACO GROUP INC> EIGHT MTHS JAN THREE NET</TITLE>
<DATELINE> NEW YORK, March 17 -
</DATELINE><BODY>Oper net 46.6 mln
Revs 392 mln
12 mths
Oper net 65 mln vs 47.1 mln
Revs 590 mln vs 591 mln
NOTE: Eight months represents earnings following
acquisition in May 1986 when company went private.
Period ending Jan. 3, 1987 excludes 42.3 mln dlrs of
interest expenses, 41.6 mln dlrs of acquisition adjusments, and
1.7 mln dlrs of income taxes.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10928" NEWID="6015">
<DATE>17-MAR-1987 11:15:35.39</DATE>
<TOPICS></TOPICS>
<PLACES><D>uk</D><D>ireland</D><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
RM
f5341reute
b f BC-BANK-OF-IRELAND-LAUNC 03-17 0099</UNKNOWN>
<TEXT>
<TITLE>BANK OF IRELAND LAUNCHES U.S. PAPER PROGRAM</TITLE>
<DATELINE> LONDON, March 17 - </DATELINE><BODY>Bank of Ireland said it launched in the
U.S. Market a commercial paper program for up to 200 mln dlrs,
becoming the first Irish issuer of paper in that market.
It said the first tranche of an undisclosed amount was sold
today through Goldman Sachs and Co Inc and that the paper last
week had received the top A-1/P-1 rating of Standard and Poor's
Corp and Moody's Investors Service Inc, respectively.
In a statement, the Bank of Ireland noted that the U.S.
Paper market will provide it with a new source of funding.
REUTER
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10929" NEWID="6016">
<DATE>17-MAR-1987 11:15:43.66</DATE>
<TOPICS></TOPICS>
<PLACES><D>ussr</D><D>usa</D></PLACES>
<PEOPLE><D>james-baker</D></PEOPLE>
<ORGS><D>worldbank</D><D>imf</D></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
A RM
f5342reute
b f BC-BAKER-SAYS-U.S.-OPPOS 03-17 0077</UNKNOWN>
<TEXT>
<TITLE>BAKER SAYS U.S. OPPOSES SOVIET BANK MEMBERSHIP</TITLE>
<DATELINE> WASHINGTON, March 17 - </DATELINE><BODY>Treasury Secretary James Baker said
the U.S. opposes Soviet membership of the World Bank or the
International Monetary Fund.
Baker told a House foreign affairs subcommittee, "I think
our position is absolutely clear on that ... We do not support
and will not support Soviet membership in the World Bank or the
IMF."
Baker said the U.S. position was "unqualified and
unconditional."
The secretary observed that he has written to congressman
Jack Kemp, a New York Republican who is also a presidential
contender, outlining the U.S. position.
Baker was responding to a questioner who noted that World
Bank President Barber Conable has in the past suggested future
Soviet membership could take place.
Ever since Soviet leader Mikhail Gorbachev suggested Soviet
membership in the General Agreement on Tariffs and Trade --
which was also rejected -- there has been speculation Moscow
was interested in joining the international institutions.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10930" NEWID="6017">
<DATE>17-MAR-1987 11:16:02.24</DATE>
<TOPICS><D>earn</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f5345reute
d f BC-GANTOS-INC-<GTOS>-4TH 03-17 0053</UNKNOWN>
<TEXT>
<TITLE>GANTOS INC <GTOS> 4TH QTR JAN 31 NET</TITLE>
<DATELINE> GRAND RAPIDS, MICH., March 17 -
</DATELINE><BODY>Shr 43 cts vs 37 cts
Net 2,276,000 vs 1,674,000
Sales 31.9 mln vs 23.9 mln
Avg shrs 5.3 mln vs 4.5 mln
Year
Shr 90 cts vs 69 cts
Net 4,508,000 vs 3,096,000
Sales 98.4 mln vs 75.0 mln
Avg shrs 5.0 mln vs 4.5 mln
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10931" NEWID="6018">
<DATE>17-MAR-1987 11:16:08.19</DATE>
<TOPICS><D>earn</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f5346reute
d f BC-<ATLANTIC-EXPRESS-INC 03-17 0027</UNKNOWN>
<TEXT>
<TITLE><ATLANTIC EXPRESS INC> 1ST HALF DEC 31 NET</TITLE>
<DATELINE> NEW YORK, March 17 -
</DATELINE><BODY>Shr not given
Net 788,099
Revs 15.5 mln
NOTE: Company went public during 1986.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10932" NEWID="6019">
<DATE>17-MAR-1987 11:16:42.57</DATE>
<TOPICS></TOPICS>
<PLACES><D>netherlands</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
RM
f5349reute
b f BC-RABOBANK-LAUNCHES-250 03-17 0083</UNKNOWN>
<TEXT>
<TITLE>RABOBANK LAUNCHES 250 MLN GUILDER BULLET</TITLE>
<DATELINE> UTRECHT, Netherlands, March 17 - </DATELINE><BODY>Rabobank Nederland B.A.
Said it is launching under its own management a 250 mln guilder
eight-year bullet bond with a 6-3/4 pct coupon and priced at
par.
No early redemption is permitted on the bond which will be
paid back in full on April 15, 1995.
Denominations are in 1,000 and five times 1,000 guilders.
Subscription closes March 23, payment is April 15. Listing will
be on the Amsterdam Stock Exchange.
REUTER
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10933" NEWID="6020">
<DATE>17-MAR-1987 11:18:43.18</DATE>
<TOPICS><D>acq</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f5358reute
u f BC-SPENDTHRIFT-FARMS-<SF 03-17 0049</UNKNOWN>
<TEXT>
<TITLE>SPENDTHRIFT FARMS <SFI> GETS BID FOR CONTROL</TITLE>
<DATELINE> LEXINGTON, Ky., March 17 - </DATELINE><BODY>Spendthrift Farm Inc said it has
received three tentative proposals to acquyire control of the
company.
It said it is evaluating the proposals and will not comment
further unless a definitive agreement is reached.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10934" NEWID="6021">
<DATE>17-MAR-1987 11:18:58.30</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f5360reute
d f BC-BIOTECHNICA-<BIOT>-HA 03-17 0105</UNKNOWN>
<TEXT>
<TITLE>BIOTECHNICA <BIOT> HAS NEW AGRICULTURE UNIT</TITLE>
<DATELINE> CAMBRIDGE, Mass., March 17 - </DATELINE><BODY>BioTechnica International said
it established a new subsidiary, BioTechnica Agriculture, to
develop and commercialize microbial and plant products for
improving crops. It said the unit will be based in Overland
Park, Kansas.
It said Charles H. Baker, former president of Rohm and Haas
Co's <ROH> Rohm and Haas Seed Inc affiliate, has been named
president of the new agriculture unit. The company said Baker
will also act for a limited time as president of <Chaco
Enterprises Inc>, formed to acquire the Hybrex hybrid wheat
technology from Rohm and Haas.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10935" NEWID="6022">
<DATE>17-MAR-1987 11:19:09.96</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f5361reute
d f BC-SUNWORLD-<SUNA>-HAS-H 03-17 0103</UNKNOWN>
<TEXT>
<TITLE>SUNWORLD <SUNA> HAS HIGHER LOAD FACTOR</TITLE>
<DATELINE> LAS VEGAS, Nev., March 17 - </DATELINE><BODY>Sunworld International Airways
Inc said its February load factor rose to 53 pct from 46.1 pct
a year earlier and its year-to-date load factor was up to 52
pct from the 51 pct posted for the same period last year.
February revenue passenger miles rose to 27.4 mln from 26.4
mln, but year-to-date revenue miles declined to 59.7 mln from
60.4 mln.
Available seat miles for the month dropped to 51.7 mln from
57.2 mln and for the two month period available miles totaled
115.3 mln, down from last year's 119.2 mln, Sunworld
International said.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10936" NEWID="6023">
<DATE>17-MAR-1987 11:22:34.18</DATE>
<TOPICS><D>crude</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS><D>opec</D></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F Y
f5371reute
u f BC-SHEARSON-LEHMAN-UPGRA 03-17 0109</UNKNOWN>
<TEXT>
<TITLE>SHEARSON LEHMAN UPGRADES U.S. OIL STOCKS</TITLE>
<DATELINE> NEW YORK, March 17 - </DATELINE><BODY>Analyst Sanford Margoshes of Shearson
Lehman Brothers said he recommended a number of oil stocks
today now that it is apparent that OPEC has succeeded in
holding to its prescribed production quotas.
"It is clear that OPEC, through jawboning and quota
restraint, will boost the price of oil," Margoshes said.
Prices of oil stocks rose sharply today in response to
higher oil prices and optimism about OPEC quotas. Margoshes
said he recommends Imperial Oil <IMO.A>, up 1/2 to 49-1/8,
Standard Oil Co <SRD>, 7/8 to 62-3/4, Exxon <XON> one to
83-1/8, and Chevron <CHV> 1-1/8 to 54-7/8.
In addition, Margoshes said he recommended Atlantic
Richfield <ARC> on a short-term basis, though he said he is
still suspect about its debt situation. Atlantic Richfield rose
1-3/4 to 77.
He said "the market could come down to test the 16 dlr a
barrel level again, but the main thrust of investing in oil is
positive right now. Before the year is out we will see higher
oil prices."
He noted that belief that the government is interested in
raising the strategic reserves is factored into the rise in oil
stocks today.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10937" NEWID="6024">
<DATE>17-MAR-1987 11:24:30.25</DATE>
<TOPICS></TOPICS>
<PLACES><D>belgium</D><D>west-germany</D></PLACES>
<PEOPLE><D>kohl</D><D>delors</D></PEOPLE>
<ORGS><D>ec</D></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
RM
f5381reute
u f BC-EC-COMMISSION-TO-VISI 03-17 0104</UNKNOWN>
<TEXT>
<TITLE> EC COMMISSION TO VISIT BONN AT KOHL'S INVITATION</TITLE>
<DATELINE> BRUSSELS, March 17 - </DATELINE><BODY>West German Chancellor Helmut Kohl has
invited the European Community's 17-man Commission for talks in
Bonn next month in a bid to repair strained relations, EC
diplomats said.
The Commissioners, led by President Jacques Delors, will
pay a two-day visit to Bonn on April 1-2 when they were due for
a meeting with the principal West German cabinet members.
The meeting, the first of its kind between the Commission
and the government of a member state, was originally meant to
focus on problems posed by West Germany's federal constitution.
But they said the meeting was now likely to be dominated by
Commission plans to restructure the EC's exhausted finances and
its costly farm policy, which have provoked strong opposition
from Bonn.
Kohl has written two letters to Delors, complaining that
the plans would hit West German farmers hard. His farm
minister Ignaze Kiechle has publicly criticised the two German
members of the Commission for failing to oppose them.
This caused protest from Brussels where the Commission
tries to guard the independence of its members from the
governments that nominate them.
REUTER
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10938" NEWID="6025">
<DATE>17-MAR-1987 11:25:02.06</DATE>
<TOPICS><D>copper</D></TOPICS>
<PLACES><D>zambia</D><D>south-africa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
C M
f5382reute
u f BC-ZAMBIAN-MINISTER-CONF 03-17 0109</UNKNOWN>
<TEXT>
<TITLE>ZAMBIAN MINISTER CONFIRMS COPPER DIVERSION</TITLE>
<DATELINE> LUSAKA, March 17 - </DATELINE><BODY>Minister of Mines Patrick Chitambala
confirmed that Zambia had ended copper shipments through South
Africa and announced that its state-run mining company had
closed down its liaison office in the white-ruled republic.
He told the official Times of Zambia newspaper in an
interview the government was diverting all mineral exports
along rail routes to Dar es Salaam in Tanzania and Beira in
Mozambique. Chitambala declined to say what volume of copper
and other minerals were being shipped through these two ports,
but he said there had not been any problem with the new
arrangements.
"So far our copper has been reaching its destinations
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