EARNINGS : CHAMPION LUMBER CO.Stamford, CT; wood and paper company. 3rd Qtr. 1996 1995 Revenue $1.47 bil. $1.84 bil. Net Income $32 mil. $235.6 mil. Per Share 0.33 2.47 XEarnings were hurt by low paper prices. Wood products segment reported a rise in operating income Operating Income The profit realized from a business' own operations. Notes: This would not include income from things such as investments in other firms. Also referred to as operating profit or recurring profit. . Electro Rent Corp. Van Nuys, CA; rent, lease and sell computer equipment. 3rd Qtr. 1996 1995 Revenue $38.1 mil. $34.4 mil. Net Income $6.5 mil. $5.2 mil. Per Share .53 .43 XEstablished new first quarter records for revenues and profits, and net income was highest for any single quarter in Electro Rent's history. Calnetics Corp. Chatsworth, CA; industrial plastic components manufacturer. 1st Qtr. 1996 1995 Revenue $8.4 mil. $8.8 mil. Net Income $404 thou. $296 thou. Per Share 0.13 0.10 XRevenue decrease attributed to decline in shipments by the Manchester Plastics subsidiary Sprint Corp. Kansas City Kansas City, two adjacent cities of the same name, one (1990 pop. 149,767), seat of Wyandotte co., NE Kansas (inc. 1859), the other (1990 pop. 435,146), Clay, Jackson, and Platte counties, NW Mo. (inc. 1850). , MO; long-distance communications company Communications Company is a communications unit of the United States Marine Corps. They are part of Combat Logistics Regiment 37 , 3rd Marine Logistics Group (3MLG) and III Marine Expeditionary Force (III MEF). The unit is based out of the Marine Corps Base Camp Smedley D. . 3rd Qtr. 1996 1995 Revenue $3.54 bil. $3.2 bil. Net Income $312.4 mil. $268.5 mil. Per Share 0.72 0.76 XEarnings per share fell because Sprint has more common shares outstanding since entering a joint venture with Deutsche Telekom Deutsche Telekom AG (ISIN: DE0005557508, FWB: DTE, NYSE: DT, LSE: DEU, TYO: 9496 ) (abbreviated DTAG) is a telecommunications company headquartered in Bonn, Germany. It is the largest telecommunications company in Germany and in the EU. and France Telecom. J.P. Morgan & Co. New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY; banking company. Qtr Sept30 1996 1995 Revenue $1.55 bil. $1.55 bil. Net Income $276 mil. $360 mil. Per Share 1.32 1.78 XThe bank's bottom line suffered as expenses rose 11 percent while overall revenue was unchanged. Abbott Laboratories Abbott Laboratories (NYSE: ABT) is a diversified pharmaceuticals and health care company. It has over 65,000 employees and operates in 130 countries. The corporate headquarters are in Abbott Park, Illinois, a neighborhood of North Chicago, Illinois. North Chicago North Chicago, industrial city (1990 pop. 34,978), Lake co., NE Ill.; inc. 1909. Its economy is closely intertwined with the neighboring city of Waukegan, which has a harbor on Lake Michigan. , Il; pharmaceutical manufacture, glucose monitoring glucose monitoring Lab medicine The periodic evaluation of any analyte abnormal in Pts with DM, to assess short and long-term control with antiglycemic agents. See Glucose, Glycated hemoglobin. and diagnostic imaging. 3rd 1996 1995 Revenue $2.6 bil. $2.4 bil. Net Income $420.9 mil. $382 mil. Per Share 0.54 0.48 XAbbott's worldwide pharmaceutical business, along with its entrance into the glucose monitoring and diagnostical imaging markets, drove the company's performance in this quarter. Pinkerton's Inc. Encino, CA; contract security and investigation services. 3rd Qtr. 1996 1995 Revenues $207.5 mil $197.9 mil. Net Income $3 mil. $2 mil. Per Share 0.36 0.24 XDuring this quarter, Pinkerton's acquired two security systems integration companies and a Canadian security firm, and has just signed an agreement to acquire a German-based security firm. Conrail Philadelphia, PA; rail and freight network. 3rd Qtr. 1996 1995 Revenue $933 mil. $923 mil. Net Income $138 mil. $116 mil. Per Share 1.74 1.44 XConrail's announced $8.4 billion merger with CSX CSX Chessie Seaboard Multiplier (railroad transportation company) CSX Cayman Islands Stock Exchange CSX Changsha, China (Airport Code) CSX Cardiac-Specific Homeobox CSX Seaboard Coastline Railroad would create the nation's third-largest railroad, with all of its tracks concentrated in the eastern half of the country. ACT Networks Camarillo, CA; develops, manufactures sells wide-area network access products. 1st Qtr. 1996 1995 Revenues $10.2 mil. $5.1 mil. Net Income $1.29 mil. $(211,000) Per Share 0.13 0.03 XDuring the quarter, ACT received strong orders from Asia and Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. , and operating margins continued to improve to 9.4 percent as ACT reduced both SG&A and R&D as a percentage of Revenue. Northrop Grumman Northrop Grumman Corporation (NYSE: NOC) is an aerospace and defense conglomerate that is the result of the 1994 purchase of Grumman by Northrop. The company is the third largest defense contractor for the U.S. Corp. Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , CA; defense contractor Noun 1. defense contractor - a contractor concerned with the development and manufacture of systems of defense armed forces, armed services, military, military machine, war machine - the military forces of a nation; "their military is the largest in the region"; . 3rd Qtr. 1996 1995 Revenue $2 bil. $1.6 bil. Net Income $70 mil. $61 mil. Per Share 1.25 1.21 XPer-share earnings fell following Northrop Grumman's sale of 8 million shares of common stock in June. AMR (1) (Adaptive Multi-Rate) A variable rate speech codec selected by the 3GPP for the 3G evolution of the GSM cellphone system (WCDMA). Using the Algebraic CELP (ACELP) compression technology, AMR provides toll quality sound at transmission rates from 4.75 to 12. Corp. Fort Worth, TX; airline. 3rd Qtr. 1996 1995 Revenue $4.56 bil. $4.45 bil. Net Income $282 mil. $229 mil. Per Share 3.06 2.96 XRobust demand, a favorable pricing environment and the continued growth of American's non-airline businesses have offset higher fuel prices and the cost of settling a lawsuit over limiting travel agent commissions. Continental Airlines Houston, TX; airline. 3rd Qtr. 1996 1995 Revenue $1.67 bil. $1.52 bil. Net Income $18 mil. $111 mil. Per Share 0.25 1.34 XAbsent a one-time charge to replace aircraft, Continental's earnings would have increased 55 percent before taxes. H. F. Ahmanson '''Howard Ahmanson or H. Ahmanson may refer to:
Irwindale, CA; thrift operator. 3rd Qtr. 1996 1995 Revenues $925.8 mil. $1.5 Net Income $(79.5 mil.) $273 mil. Per Share (0.85) 2.03 XThe loss reflects Ahmanson's payment of a special assessment to revive the savings and loan savings and loan n. a banking and lending institution, chartered either by a state or the Federal government. Savings and loans only make loans secured by real property from deposits, upon which they pay interest slightly higher than that paid by most banks. deposit insurance fund; without that payment of $144.4 million, Ahmanson would have earned $73.2 million for this quarter. Bausch & Lomb Inc. Rochester, NY; optics and health care. 3rd Qtr. 1996 1995 Revenue $477.2 mil. $476.8 mil. Net Income $14.4 mil. $43.5 mil. Per Share 0.25 0.75 XProfits plunged 67 percent in this quarter, weakened by sluggish Revenue of sunglasses, restructuring costs and lawsuit losses. Caterpillar Inc. Peoria, IL; earth-moving equipment manufacturer. 3rd Qtr. 1996 1995 Revenue $4.03 bil. $3.73 bil. Net Income $310 mil. $213 mil. Per Share 1.61 1.07 XCaterpillar's 3rd quarter net income rose 46 percent from a year ago on record revenue boosted by strong Revenue. GTE GTE General Telephone & Electronics GTE Génie Thermique et Énergie (French) GTE Gas Turbine Engine GTE Global Tropospheric Experiment GTE Geothermal Energy GTE Gas Turbine Efficiency plc (Sweden & USA) Corp. Stamford, CT; telephone services. 37rd Qtr. 1996 1995 Revenues $5.344 bil. $4.996 bil. Net Income $756 mil. $695 mil. Per Share 0.78 0.72 XProfits rose in this quarter, buoyed by a strong performance in GTE's local phone business and growth in its wireless, long-distance and Internet businesses. Hilton Hotels
Beverly Hills, CA; hotels and casinos. 3rd Qtr. 1996 1995 Revenue $453.5 mil. $385.7 mil. Net Income $54.5 mil. $24.8 mil. Per Share 0.28 0.13 XHilton said its 3rd quarter earnings more than doubled based on strong performance from its luxury hotels, and its casino businesses rebounded from last year's poor results. Hughes Electronics Corp. Los Angeles, CA; satellite television, defense contracting, automotive electronics. 3rd Qtr. 1996 1995 Revenue $3.8 bil. $3.4 bil. Earnings $252 mil. $256.1 mil. Per Share 0.63 0.64 XThe General Motors subsidiary says profit margins are lower, in part due to a shift from programs in full production to those in the engineering and development phase. Eastman Kodak Co. Rochester, NY; photography equipment and chemicals. 3rd Qtr. 1996 1995 Revenue $4.15 bil. $3.81 bil. Net Income $410 mil. $338 mil. Per Share 1.22 0.99 X3rd quarter earnings rose 21 percent, fueled by acquisitions at Kodak's photo lab unit and improved profits in commercial imaging. Mattel Inc. El Segundo, CA; toy manufacturer. 3rd Qtr. 1996 1995 Revenue $1.23 bil. $1.18 bil. Net Income $168 mil. $151.3 mil. Per Share 0.61 0.53 X3rd quarter earnings rose a better-than-expected 11 percent on robust Revenue of Barbie dolls, Hot Wheels cars and Cabbage Patch dolls. |
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