📄 reut2-000.sgm
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be available in 60 days.
Customers who use the program will receive a
computer-generated report and recommendations for implementing
a program to improve their physical condition.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="5561" NEWID="18">
<DATE>26-FEB-1987 15:26:26.78</DATE>
<TOPICS><D>earn</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
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r f BC-DEAN-FOODS-<DF>-SEES 02-26 0101</UNKNOWN>
<TEXT>
<TITLE>DEAN FOODS <DF> SEES STRONG 4TH QTR EARNINGS</TITLE>
<DATELINE> CHICAGO, Feb 26 - </DATELINE><BODY>Dean Foods Co expects earnings for the
fourth quarter ending May 30 to exceed those of the same
year-ago period, Chairman Kenneth Douglas told analysts.
In the fiscal 1986 fourth quarter the food processor
reported earnings of 40 cts a share.
Douglas also said the year's sales should exceed 1.4
billion dlrs, up from 1.27 billion dlrs the prior year.
He repeated an earlier projection that third-quarter
earnings "will probably be off slightly" from last year's 40
cts a share, falling in the range of 34 cts to 36 cts a share.
Douglas said it was too early to project whether the
anticipated fourth quarter performance would be "enough for us
to exceed the prior year's overall earnings" of 1.53 dlrs a
share.
In 1988, Douglas said Dean should experience "a 20 pct
improvement in our bottom line from effects of the tax reform
act alone."
President Howard Dean said in fiscal 1988 the company will
derive benefits of various dairy and frozen vegetable
acquisitions from Ryan Milk to the Larsen Co.
Dean also said the company will benefit from its
acquisition in late December of Elgin Blenders Inc, West
Chicago.
He said the company is a major shareholder of E.B.I. Foods
Ltd, a United Kingdom blender, and has licensing arrangements
in Australia, Canada, Brazil and Japan.
"It provides ann entry to McDonalds Corp <MCD> we've been
after for years," Douglas told analysts.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="5562" NEWID="19">
<DATE>26-FEB-1987 15:26:54.12</DATE>
<TOPICS><D>wheat</D><D>grain</D></TOPICS>
<PLACES><D>yemen-arab-republic</D><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
C G
f0798reute
u f BC-/BONUS-WHEAT-FLOUR-FO 02-26 0096</UNKNOWN>
<TEXT>
<TITLE>BONUS WHEAT FLOUR FOR NORTH YEMEN -- USDA</TITLE>
<DATELINE> WASHINGTON, Feb 26 - </DATELINE><BODY>The Commodity Credit Corporation, CCC,
has accepted an export bonus offer to cover the sale of 37,000
long tons of wheat flour to North Yemen, the U.S. Agriculture
Department said.
The wheat four is for shipment March-May and the bonus
awarded was 119.05 dlrs per tonnes and will be paid in the form
of commodities from the CCC inventory.
The bonus was awarded to the Pillsbury Company.
The wheat flour purchases complete the Export Enhancement
Program initiative announced in April, 1986, it said.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="5563" NEWID="20">
<DATE>26-FEB-1987 15:32:03.12</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F A
f0804reute
d f BC-CREDIT-CARD-DISCLOSUR 02-26 0111</UNKNOWN>
<TEXT>
<TITLE>CREDIT CARD DISCLOSURE BILLS INTRODUCED</TITLE>
<DATELINE> WASHINGTON, Feb 26 - </DATELINE><BODY>Legislation to require disclosure of
credit card fees and interest rates before the cards are issued
have been introduced in the Senate and House.
Sen. Chris Dodd, D-Conn, a co-sponsor of the bill, said
many banks and financial institutions do not disclose all the
information about terms of their cards in promotional material
sent to prospective customers.
"By requiring card issuers to disclose the terms and
conditions of their cards at the time of solicitation, the
legislation is intended to arm consumers with enough
information to shop around for the best deal," Dodd said in a
statement.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="5564" NEWID="21">
<DATE>26-FEB-1987 15:33:23.61</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f0809reute
d f BC-HUGHES-CAPITAL-UNIT-S 02-26 0086</UNKNOWN>
<TEXT>
<TITLE>HUGHES CAPITAL UNIT SIGNS PACT WITH BEAR STEARNS</TITLE>
<DATELINE> FORT LAUDERDALE, Fla., Feb 26 - </DATELINE><BODY>Hughes/Conserdyne Corp, a
unit of <Hughes Capital Corp> said it made Bear Stearns and Co
Inc <BSC> its exclusive investment banker to develop and market
financing for the design and installation of its micro-utility
systems for municipalities.
The company said these systems are self-contained
electrical generating facilities using alternate power sources,
such as photovoltaic cells, to replace public utility power
sources.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="5565" NEWID="22">
<DATE>26-FEB-1987 15:34:07.03</DATE>
<TOPICS><D>copper</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
C M F
f0810reute
u f BC-magma-copper-price 02-26 0036</UNKNOWN>
<TEXT>
<TITLE>MAGMA LOWERS COPPER 0.75 CENT TO 66 CTS</TITLE>
<DATELINE> NEW YORK, Feb 26 - </DATELINE><BODY>Magma Copper Co, a subsidiary of Newmont
Mining Corp, said it is cutting its copper cathode price by
0.75 cent to 66 cents a lb, effective immediately.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="5566" NEWID="23">
<DATE>26-FEB-1987 15:34:16.30</DATE>
<TOPICS><D>earn</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f0811reute
u f BC-BROWN-FORMAN-<BFDB>-S 02-26 0053</UNKNOWN>
<TEXT>
<TITLE>BROWN-FORMAN <BFDB> SETS STOCK SPLIT, UPS PAYOUT</TITLE>
<DATELINE> LOUISVILLE, Ky., Feb 26 - </DATELINE><BODY>Brown-Forman Inc said its board
has approved a three-for-two stock split and a 35 pct increase
in the company cash dividend.
The company cited its improved earnings outlook and
continued strong cash flow as reasons for raising the dividend.
Brown-Forman said the split of its Class A and Class B
common shares would be effective March 13.
The company said directors declared a quarterly cash
dividend on each new share of both classes of 28 cts, payable
April one to holders of record March 20. Prior to the split,
the company had paid 31 cts quarterly.
Brown-Forman today reported a 37 pct increase in third
quarter profits to 21.6 mln dlrs, or 1.00 dlr a share, on a
seven pct increase in sales to a record 337 mln dlrs.
Brown-Forman said nine month profits declined a bit to 66.0
mln dlrs, or 3.07 dlrs a share, from 66.2 mln dlrs, or 3.08
dlrs a share, a year earlier due to a second quarter charge of
37 cts a share for restructuring its beverage operations.
The company said lower corporate tax rates and the
restructuring "are expected to substantially improve
Brown-Forman's earnings and cash flow in fiscal 1988."
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="5567" NEWID="24">
<DATE>26-FEB-1987 15:35:16.67</DATE>
<TOPICS><D>earn</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f0814reute
h f BC-ESQUIRE-RADIO-AND-ELE 02-26 0072</UNKNOWN>
<TEXT>
<TITLE>ESQUIRE RADIO AND ELECTRONICS INC <EE> 4TH QTR</TITLE>
<DATELINE> NEW YORK, Feb 26 -
</DATELINE><BODY>Shr profit 15 cts vs profit four cts
Annual div 72 cts vs 72 cts prior yr
Net profit 72,000 vs profit 16,000
Revs 7,075,000 vs 2,330,000
12 mths
Shr profit 42 cts vs loss 11 cts
Net profit 203,000 vs loss 55,000
Revs 16.1 mln vs 3,971,000
NOTE: annual dividend payable April 10, 1987, to
stockholders of record on March 27, 1987.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="5568" NEWID="25">
<DATE>26-FEB-1987 15:35:39.38</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f0815reute
h f BC-SHEARSON-LEHMAN-NAMES 02-26 0061</UNKNOWN>
<TEXT>
<TITLE>SHEARSON LEHMAN NAMES NEW MANAGING DIRECTOR</TITLE>
<DATELINE> NEW YORK, Feb 26 - </DATELINE><BODY>Shearson Lehman Brothers, a unit of
American Express Co <AXP>, said Robert Stearns has joined the
company as managing director of its merger and acquisition
department.
Shearson said Stearns formerly was part of Merrill Lynch
Pierce, Fenner and Smith Inc's <MER> merger and acquisitions
department.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="5569" NEWID="26">
<DATE>26-FEB-1987 15:36:44.78</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D><D>brazil</D><D>venezuela</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
V RM
f0817reute
b f BC-/BANKERS-REPORT-BREAK 02-26 0092</UNKNOWN>
<TEXT>
<TITLE>BANKERS REPORT BREAKTHROUGH ON VENEZUELAN DEBT</TITLE>
<DATELINE> NEW YORK, Feb 26 - </DATELINE><BODY>Venezuela and its bank advisory
committee have agreed in principle on revisions to the terms of
a 21 billion dlr debt-rescheduling package signed last
February, bankers said.
They declined to disclose details because two or three
representatives on the panel have still to obtain the approval
of their senior management for the new terms.
The committee was meeting in New York this afternoon and
could put its final stamp of approval of the deal later today,
the bankers said.
"A number of details have still to be finalized, but the
broad details of the new amortization schedules and interest
rates are in place," one senior banker said.
The interest rate on the rescheduling was originally set at
1-1/8 pct over Eurodollar rates, but Venezuela requested easier
terms because of a 40 pct drop in oil income last year.
It also asked for a reduction in the repayments it was due
to make in 1987, 1988 and 1989 - after an earlier request that
it make no amortizations at all in those years was rebuffed -
and sought a commitment from the banks to finance new
investment in Venezuela.
The breakthrough in the Venezuelan talks, which have been
going on intermittently for several months, follows the
announcement earlier today of a 10.6 billion dlr debt
rescheduling pact between Chile and its bank advisory panel.
And last night Citibank said Mexico's financing package,
including a 7.7 billion dlr loan, will be signed on March 20.
While the sudden progress is to some extent coincidental,
bankers acknowledge a desire to chalk up some quick successes
after the shock of Brazil's unilateral interest suspension last
Friday. By striking swift deals, banks hope to reduce the
incentive for other debtors to emulate Brazil.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="5570" NEWID="27">
<DATE>26-FEB-1987 15:36:53.42</DATE>
<TOPICS><D>earn</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f0818reute
d f BC-UNITED-PRESIDENTIAL-C 02-26 0073</UNKNOWN>
<TEXT>
<TITLE>UNITED PRESIDENTIAL CORP <UPCO> 4TH QTR NET</TITLE>
<DATELINE> KOKOMO, Ind., Feb 26 -
</DATELINE><BODY>Shr 39 cts vs 50 cts
Net 1,545,160 vs 2,188,933
Revs 25.2 mln vs 19.5 mln
Year
Shr 1.53 dlrs vs 1.21 dlrs
Net 6,635,318 vs 5,050,044
Revs 92.2 mln vs 77.4 mln
NOTE: Results include adjustment of 848,600 dlrs or 20 cts
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