📄 reut2-006.sgm
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</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10964" NEWID="6051">
<DATE>17-MAR-1987 11:47:39.87</DATE>
<TOPICS><D>earn</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f5501reute
d f BC-VIDEO-LIBRARY-INC-<VL 03-17 0055</UNKNOWN>
<TEXT>
<TITLE>VIDEO LIBRARY INC <VLVL> 4TH QTR LOSS</TITLE>
<DATELINE> SAN DIEGO, Calif.,March 17 -
</DATELINE><BODY>Shr loss two cts vs profit three cts
Net loss 59,299 vs profit 88,843
Revs 3,487,693 vs 2,123,488
Year
Shr profit 25 cts vs loss two cts
Net profit 816,395 vs loss 44,541
Revs 12.2 mln vs 7,413,328
Avg shrs 3,208,472 vs 2,348,559
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10965" NEWID="6052">
<DATE>17-MAR-1987 11:47:50.38</DATE>
<TOPICS></TOPICS>
<PLACES><D>finland</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
RM
f5502reute
r f BC-CONSERVATIVE-GAINS-MA 03-17 0112</UNKNOWN>
<TEXT>
<TITLE>CONSERVATIVE GAINS MAY SPEED FINNISH MARKET REFORM</TITLE>
<AUTHOR> By Simon Haydon, Reuters</AUTHOR>
<DATELINE> HELSINKI, March 17 - </DATELINE><BODY>Conservative gains in Finnish general
elections could speed liberalisation of financial markets,
though there will not be a radical economic restructuring,
conservative officials and economic analysts said.
The conservatives gained nine new seats in parliament after
the two-day elections, which ended yesterday, and political
commentators say social democrat Prime Minister Kalevi Sorsa is
likely to be replaced by a centre-right coalition.
International spokesman Pasi Natri told Reuters: "we are
willing to liberalise the economy as much as possible."
Helsinki analysts said the outgoing centre-left coalition
had introduced major reforms of money and stock markets in its
period of government between 1983 and 1987.
They said Finnish conservatives bore little resemblance to
other European conservative movements and had, for example,
shelved privatisation policies to increase their popularity.
Finnish trade affairs are dominated by its special ties
with its neighbour, The Soviet Union, and a new centre-right
coalition could alter this relationship, the analysts said.
The two countries have a long-term pact under which trade
must be balanced in value. The 1987 accord signed in January
agreed bilateral trade totalling about 30 billion markka.
Finland exports finished products to the USSR, with crude
oil accounting for 80 pct of imports.
The Centre Party said before the elections that Fenno-
Soviet trade would have to be cut because Finland had to trim
exports when the value of Moscow's oil exports to Finland fell.
Finnish financial markets reacted cautiously to the
election news, with little movement in the markka or on the
Helsinki stock exchange.
Securities analysts said the market would respond positively
if a centre-right coalition was formed, but added it was too
early to exclude the possibility that social democrats would
hang on to power.
The spokesman said conservatives favoured legislation
governing the stock market to prevent "casino-style behaviour."
He said the conservatives also favoured the establishment
of an internal market between the Nordic countries.
International capital markets were becoming more and more
important, he said, adding conservatives would speed up the
development of Finland's capial markets.
He said the conservatives supported the bilateral trade ties
with Moscow, but that links with western Europe should be
studied. Finland is a member of the European Free Trade
Association ( EFTA).
Negotiations between the major Finnish political parties
are likely to be protracted, and the shape of the new
government will probably not be established before the start of
April.
Conservatives hold 44 seats now, The Centre Party gained
three to 40 and the social democrats lost one, and now hold 56
seats.
REUTER
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10966" NEWID="6053">
<DATE>17-MAR-1987 11:47:58.01</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D><D>brazil</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F A RM
f5503reute
b f BC-/BANKAMERICA-<BAC>-MA 03-17 0108</UNKNOWN>
<TEXT>
<TITLE>BANKAMERICA <BAC> MAY RECLASSIFY BRAZIL LOANS</TITLE>
<DATELINE> WASHINGTON, March 17 - </DATELINE><BODY>BankAmerica Corp may place its
long-term loans to Brazil on nonaccrual status if Brazil
continues to defer interest payments on the loans, the bank
holding company said in a filing with the Securities and
Exchange Commission.
BankAmerica said its outstanding loans to Brazil currently
total about 2.7 billion dlrs, including about 1.5 billion dlrs
in long-term loans and 1.2 billion dlrs in short-term loans.
The Brazilian government announced in February its
intention to stop paying interest temporarily on its long-term
public and private sector commercial bank debt.
"Continued deferral of interest payment on these obligations
could result in the loans being placed on nonaccrual status,"
the banking firm said.
BankAmerica said its outstanding loans to Mexico currently
total about 2.5 billion dlrs, of which about 215 mln dlrs of
loans have been reported as either nonaccrual or past due 90
days or more.
Outstanding loans to Venezuela currently total about 1.3
billion dlrs, of which 241 mln dlrs of loans have been reported
as either nonaccrual or past due 90 days or more, it said.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10967" NEWID="6054">
<DATE>17-MAR-1987 11:48:39.18</DATE>
<TOPICS><D>earn</D></TOPICS>
<PLACES><D>austria</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f5504reute
d f BC-CHEMIE-LINZ-EXPECTS-S 03-17 0116</UNKNOWN>
<TEXT>
<TITLE>CHEMIE LINZ EXPECTS SHARPLY HIGHER 1986 LOSS</TITLE>
<DATELINE> LINZ, Austria, March 17 - </DATELINE><BODY>State-owned <Chemie Linz AG> is
likely to record a 1986 loss of some 600 mln schillings
compared with a 340 mln loss in 1985, a company spokesman said.
Falling sales and lower world prices of fertilisers were
largely responsible for the sharp increase, along with the
effects of the dollar's fall which has helped to give U.S.
Fibre producers a competitive edge, he told Reuters.
The firm would have made a small profit in 1985 had it not
been for 456 mln schillings lost by subsidiary <Merx
HandelsgesmbH> on oil trading. Merx has since withdrawn from
the oil market. The firm will announce 1986 results in July.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10968" NEWID="6055">
<DATE>17-MAR-1987 11:49:09.95</DATE>
<TOPICS><D>earn</D></TOPICS>
<PLACES><D>canada</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
E F
f5506reute
d f BC-cabre-exploration-ltd 03-17 0026</UNKNOWN>
<TEXT>
<TITLE><CABRE EXPLORATION LTD> SIX MTHS JAN 31 NET</TITLE>
<DATELINE> CALGARY, Alberta, March 17 -
</DATELINE><BODY>Shr 13 cts vs 13 cts
Net 617,000 vs 604,000
Revs 1,889,000 vs 1,920,000
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10969" NEWID="6056">
<DATE>17-MAR-1987 11:50:08.20</DATE>
<TOPICS><D>acq</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
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f5508reute
b f BC-DUDLEY-TAFT-RAISES-BI 03-17 0108</UNKNOWN>
<TEXT>
<TITLE>DUDLEY TAFT RAISES BID FOR TAFT BROADCASTING<TFB></TITLE>
<DATELINE> CINCINNATI, Ohio, March 17 - </DATELINE><BODY>Dudley Taft and Narragansett
Capital Inc said it was prepared to raise its bid to acquire
Taft Broadcasting Co to more than 150 dlrs per share.
Taft, through Theta Co, sent and letter to Taft's board of
directors stating he was committed to purchasing the
broadcasting company and was ready to discuss all aspects of
the purchase.
The company said items to be discussed included price,
structure and form of consideration. Taft said he was prepared
to negotiate a transaction in which Taft Broadcast shareholders
would receive in excess of 150 dlrs per share.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10970" NEWID="6057">
<DATE>17-MAR-1987 11:50:48.87</DATE>
<TOPICS></TOPICS>
<PLACES><D>japan</D></PLACES>
<PEOPLE><D>james-baker</D></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
V RM
f5510reute
f f BC-******TREASURY'S-BAKE 03-17 0014</UNKNOWN>
<TEXT TYPE="BRIEF">
******<TITLE>TREASURY'S BAKER SAYS HE IS "QUITE CONFIDENT" JAPAN WILL STIMULATE ITS ECONOMY
</TITLE>Blah blah blah.

</TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10971" NEWID="6058">
<DATE>17-MAR-1987 11:52:58.57</DATE>
<TOPICS><D>veg-oil</D></TOPICS>
<PLACES><D>west-germany</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS><D>ec</D></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
C G
f5519reute
u f BC-EC-OILS-TAX-NO-LONGER 03-17 0107</UNKNOWN>
<TEXT>
<TITLE>EC OILS TAX NO LONGER MAJOR ISSUE - ASSOCIATION</TITLE>
<DATELINE> BONN, March 17 - </DATELINE><BODY>The proposed European Community (EC) tax
on vegetable oils and fats is no longer a major issue on the
agenda and the EC Commission merely used it as a threat, the
West German Feed Stuffs Industry Association (MFI) said.
Association chairman Ulrich Wagner told a news conference
the West German feed industry believes the EC does not
seriously contemplate the introduction of such a tax because it
would end in another transatlantic trade war.
"We have just avoided a trade conflict with the U.S. And the
Commission used the tax threat to calm national farm lobbies."
American Soybean Association (ASA) president-elect Wayne
Bennett said yesterday in The Hague that U.S. Soybean producers
were confident the tax would be rejected.
Bennett, who is leading one of three soybean delegations on
a lobbying tour of EC capitals, will also visit Bonn on
Thursday and Friday.
There are indications the Bonn government will also reject
the proposed tax, Wagner said.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10972" NEWID="6059">
<DATE>17-MAR-1987 11:54:05.69</DATE>
<TOPICS><D>acq</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f5525reute
d f BC-ALLWASTE-<ALWS>-TO-BU 03-17 0083</UNKNOWN>
<TEXT>
<TITLE>ALLWASTE <ALWS> TO BUY RELATED COMPANY</TITLE>
<DATELINE> HOUSTON, March 17 - </DATELINE><BODY>Allwaste Inc said it entered into an
agreement in principle to acquire all the outstanding common of
a related air-moving and industrial services company. It did
not disclose the name of the company.
Allwaste, which preforms air-moving and related services,
said it will swap shares of its common, valued at 2.6 mln dlrs,
with the company it is acquiring.
It said the acquisition is subject to negotiation of a
final agreement.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10973" NEWID="6060">
<DATE>17-MAR-1987 11:57:19.33</DATE>
<TOPICS><D>crude</D></TOPICS>
<PLACES><D>usa</D><D>france</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F Y
f5543reute
u f BC-EXXON-<XON>-MAY-CLOSE 03-17 0104</UNKNOWN>
<TEXT>
<TITLE>EXXON <XON> MAY CLOSE ONE FRENCH REFINERY</TITLE>
<DATELINE> NEW YORK, MARCH 17 - </DATELINE><BODY>Exxon Corp, the world's largest oil
company, said in a published interview today that it was
reviewing its worldwide refinery operations and might decide to
close on of its french refineries.
Lee R. Raymond, Exxon's new president, singled out the
possibility of a closure of one of Exxon's refineries in France
during the interview.
An Exxon spokeswoman confirmed that Raymond had
specifically mentioned refineries in France but said that no
specific refinery had been named. She also said that all of
Exxon's opertations were under constant review.
Exxon currently has two refineries in France, FOS in the
mediterranean with a capcity of 175,000 barrels per day and
Port Jerome west of paris with a similar capacity.
Petroleum Intelligence Weekly, an influential trade
journal, said, in its current issue, that they understood that
Exxon was looking at the possibility of refinery closures in
Antwerp, Southern France or possibly Italy.
Paul Mlotok, oil analyst with Salomon Brothers inc said
that with the closures Exxon made in 1986 in Europe and the
improvement in the European refining situation, its future
profits there should be good.
"Exxon and other major oil companies have closed a bunch of
refineries in Europe, upgraded the rest and shaken many of the
indepedents out of the market. Now with demand for products
rising and efficient operations, Exxon should show superior
earnings," Mlotok said.
"Just after Royal Dutch <RD>, they are seen as one of the
highest grade refiners in Europe," he
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