📄 reut2-006.sgm
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without hindrance," he told the Times.
The Times of Zambia quoted unnamed sources as saying Zambia
exported 100,000 tonnes of copper through Dar es Salaam and
17,000 through Beira in the last quarter of 1986. Diplomatic
sources in Lusaka had earlier expressed doubts over Zambia's
ability to ship all its copper through Beira and Dar es Salaam
without causing massive bottlenecks at the ports.
Chitambala also said that the state-run Zambia Consolidated
Copper Mines (ZCCM) had closed its liaison office in
Johannesburg, since it was now redundant.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10939" NEWID="6026">
<DATE>17-MAR-1987 11:25:49.37</DATE>
<TOPICS><D>acq</D></TOPICS>
<PLACES></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f5385reute
f f BC-******TAFT-CHAIRMAN'S 03-17 0012</UNKNOWN>
<TEXT TYPE="BRIEF">
******<TITLE>TAFT CHAIRMAN'S GROUP RAISES TAFT BROADCASTING BID TO 150 DLRS/SHARE
</TITLE>Blah blah blah.

</TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10940" NEWID="6027">
<DATE>17-MAR-1987 11:26:47.36</DATE>
<TOPICS><D>acq</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f5388reute
d f BC-DEVELOPMENT-CORP-OF-A 03-17 0078</UNKNOWN>
<TEXT>
<TITLE>DEVELOPMENT CORP OF AMERICA <DCA> MERGED</TITLE>
<DATELINE> HOLLYWOOD, Fla., March 17 - </DATELINE><BODY>Development Corp of America
said its merger with Lennar Corp <LEN> was completed and its
stock no longer existed.
Development Corp of America, whose board approved the
acquisition last November for 90 mln dlrs, said the merger was
effective today and its stock now represents the right to
receive 15 dlrs a share.
The American Stock Exchange said it would provide further
details later.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10941" NEWID="6028">
<DATE>17-MAR-1987 11:27:21.25</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D><D>brazil</D></PLACES>
<PEOPLE><D>james-baker</D></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
RM A
f5391reute
u f BC-TREASURY'S-BAKER-CALL 03-17 0090</UNKNOWN>
<TEXT>
<TITLE>TREASURY'S BAKER CALLS FOR NEW BRAZIL PLAN</TITLE>
<DATELINE> WASHINGTON, March 17 - </DATELINE><BODY>Treasury Secretary James Baker said
that Brazil should come up with a new economic plan if it hopes
to get additional assistance from commercial banks and others.
In testimony before a House appropriations subcommittee,
Baker said that he had given that message to Brazilian
officials earlier this month when they met for talks in
Washington.
He said that the so-called Cruzado Plan had worked for a
while, but that new efforts by the government are now required.
Baker made it clear that he backed the decision by the
Paris Club official creditors to reschedule loans to Brazil,
even though the country later froze its payments to commercial
bank creditors.
He said that the official loans are being serviced and that
this was a result of the rescheduling.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10942" NEWID="6029">
<DATE>17-MAR-1987 11:27:51.45</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES><D>nasdaq</D></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f5394reute
d f BC-CALIFORNIA-MICRO-<CAM 03-17 0031</UNKNOWN>
<TEXT>
<TITLE>CALIFORNIA MICRO <CAMD> TRADES ON NASDAQ</TITLE>
<DATELINE> MILPITAS, Calif., March 17 - </DATELINE><BODY>California Micro Devices Corp
said its stock was included in the March 17 expansion of the
NASDAQ market system.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10943" NEWID="6030">
<DATE>17-MAR-1987 11:28:09.98</DATE>
<TOPICS><D>acq</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f5396reute
d f BC-TEVA-<TEVIY>-SELLS-PR 03-17 0067</UNKNOWN>
<TEXT>
<TITLE>TEVA <TEVIY> SELLS PROMEDICO SUBSIDIARY</TITLE>
<DATELINE> NEW YORK, March 17 - </DATELINE><BODY>Teva Pharmaceutical Industries Ltd,
based in Israel, said it sold its wholly owned Promedico
subsidiary, to foreign investors for four mln dlrs.
It said the book value of the unit is about 2.2 mln dlrs.
Teva said it will continue to market Promedico's products
through its wholly owned subsidiary, Salomon, Levin and Elstein
Ltd.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10944" NEWID="6031">
<DATE>17-MAR-1987 11:28:28.04</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f5398reute
d f BC-ERC-<ERC>-GETS-THIRD 03-17 0083</UNKNOWN>
<TEXT>
<TITLE>ERC <ERC> GETS THIRD CONTRACT</TITLE>
<DATELINE> FIARFAX, Va., March 17 - </DATELINE><BODY>ERC International said its
Facilities Management Group subsidiary, ERCI Facilities Service
Corp, was awarded a 2.1 mln dlrs contract in the drug
repository field, the third such contract in nine months.
It said that under the five-year contract, it will manage
the National Cancer Institutes's pre-clinical drug repository
of more than 400,000 drugs and chemicals used to test antitumor
activity in animals and tissue culture systems.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10945" NEWID="6032">
<DATE>17-MAR-1987 11:29:40.89</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE><D>james-baker</D></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
A RM
f5404reute
u f BC-BAKER-SAYS-U.S.-NOT-S 03-17 0096</UNKNOWN>
<TEXT>
<TITLE>BAKER SAYS U.S. NOT SEEKING IADB VETO</TITLE>
<DATELINE> WASHINGTON, March 17 - </DATELINE><BODY>Treasury Secretary James Baker said
that the United States was not seeking loan veto in its
negotiation for voting power at the Inter-American Development
Bank.
Discussing the ongoing negotiation, Baker said the U.S.
position is that the countries that pay in the most should have
the greatest say over the loan decisions.
The U.S. is seeking the power to block loan votes with one
other country, and the issue will be discussed in Miami later
this month at the annual meeting of the Latin development bank.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10946" NEWID="6033">
<DATE>17-MAR-1987 11:31:47.85</DATE>
<TOPICS><D>earn</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f5409reute
r f BC-NEW-MILFORD-SAVINGS-B 03-17 0025</UNKNOWN>
<TEXT>
<TITLE>NEW MILFORD SAVINGS BANK <NMSB> RAISES PAYOUT</TITLE>
<DATELINE> NEW MILFORD, Conn., March 17 -
</DATELINE><BODY>Qtly div 25 cts vs 20 cts prior
Pay April 21
Reord March 27
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10947" NEWID="6034">
<DATE>17-MAR-1987 11:32:05.95</DATE>
<TOPICS><D>acq</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f5411reute
b f BC-K-MART-<KM>-ENDS-TALK 03-17 0057</UNKNOWN>
<TEXT>
<TITLE>K MART <KM> ENDS TALKS TO SELL STORES</TITLE>
<DATELINE> CHICAGO, March 17 - </DATELINE><BODY>K Mart Corp said recent talks to sell
65 remaining Kresge variety stores and their underlying real
estate to F.W. Woolworth Co <Z> have ended.
Robert Stevenson, K Mart vice president, told Reuters the
talks, which began about six weeks ago, ended. He declined to
give a reason.
Kresge is the forerunner of what is now the K Mart chain.
The name was changed to K Mart in 1977, Stevenson said.
"We're selling and buying real estate in our real estate
division, and Woolworth was interested in some of our
properties. The talks were of a casual nature," he said.
The 65 Kresge stores that are scattered around the country
in downtown and suburban locations, he said.
Stevenson said K Mart will continue to operate the stores.
"The stores are profitable. The only decision K Mart has made
is that we will continue to operate them," he said
Kresge had been a nationwide chain of 900 variety stores.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10948" NEWID="6035">
<DATE>17-MAR-1987 11:32:21.74</DATE>
<TOPICS><D>earn</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f5413reute
d f BC-INSTITUTE-OF-CLINICAL 03-17 0081</UNKNOWN>
<TEXT>
<TITLE>INSTITUTE OF CLINICAL PHARM PLC <ICPYY> YEAR</TITLE>
<DATELINE> NEW YORK, March 17 -
</DATELINE><BODY>Shr 20 ct vs 27 cts
Net 1,048,000 vs 1,368,000
Revs 9,457,000 vs 5,386,000
NOTE: Dollar amounts converted from Irish pounds at noon
buying rate of the Federal Reserve Bank of New York at Dec 31,
1986, of 1.4105 dlr per one Irish pound. The equivalent rate at
Dec 31, 1985, was 1.2470 dlr equals one Irsh pound. Full name
of company is The Institute of Clinical Pharmacology PLC, based
in Dulbin, Ireland.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10949" NEWID="6036">
<DATE>17-MAR-1987 11:33:26.98</DATE>
<TOPICS></TOPICS>
<PLACES></PLACES>
<PEOPLE><D>lawson</D></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
RM
f5419reute
f f BC-LAWSON-SAYS-U.K.-BASI 03-17 0012</UNKNOWN>
<TEXT TYPE="BRIEF">
******<TITLE>LAWSON SAYS U.K. BASIC RATE INCOME TAX TO BE CUT TO 27 PCT FROM 29 PCT
</TITLE>Blah blah blah.

</TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10950" NEWID="6037">
<DATE>17-MAR-1987 11:36:40.54</DATE>
<TOPICS><D>gnp</D><D>bop</D></TOPICS>
<PLACES><D>uk</D></PLACES>
<PEOPLE><D>lawson</D></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
C
f5431reute
b f BC-U.K.-GROWTH-RATE-SEEN 03-17 0113</UNKNOWN>
<TEXT>
<TITLE>U.K. GROWTH RATE SEEN AT THREE PCT THIS YEAR</TITLE>
<DATELINE> LONDON, March 17 - </DATELINE><BODY>Chancellor of the Exchequer Nigel
Lawson, presenting his budget for fiscal 1987/88 to parliament,
said U.K. Economic growth was forecast at three pct in calendar
1987.
He said the Treasury expected a current account balance of
payments deficit in 1987 of 2.5 billion stg, after a 1.1
billion shortfall in 1986. Inflation is expected to be 4.0 pct
at the end of 1987, he said, adding it may exceed 4.5 pct by
the summer before falling back to 4.0 pct by the end of the
year.
The planned PSBR for 1987/88 was 4.0 billion stg unchanged
when compared with the likely outturn for fiscal 1986/87,
Lawson said.
Although no explicit target was set for the broad sterling
M3 money supply, Lawson said broad money will continue to be
taken into account in assessing monetary conditions as well as
the exchange rate.
The low outturn of the PSBR in 1986/87 was mainly due to
the buoyancy of non-oil tax revenues in general, and the
corporation tax paid by an increasingly profitable business
sector in particular.
On oil prices, Lawson said he was sticking to his earlier
assumption that North Sea crude prices will average 15 dlrs per
barrel in calendar 1987. The treasury would strive to keep the
PSBR at 1.0 pct of GDP in future, he said.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10951" NEWID="6038">
<DATE>17-MAR-1987 11:39:54.35</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
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