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EARNINGS ROUNDUP.


Edison International Edison International (NYSE: EIX) is a public utility holding company based in Rosemead, California. Its subsidiaries include Southern California Edison, and un-regulated non-utility assets Edison Mission Energy, a power producer, and Edison Capital.  

Rosemead-based electric utility

June 2nd Qtr. 1998 1997

Sales $2.2 billion $2.1 billion

Net Income $145 million $139 million

Net Per Share 40 cents 34 cents

Investments in power plants in Netherlands and South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. , an electric transmission system in Australia, and low-income housing boosted earnings. However, Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region,  Edison's profits fell 6.5 percent from a cut in rates (Railroad) a reduction in fare, freight charges, etc., below the established rates.

See also: Cut
 and accelerated payments on its power plant debt.

Hambrecht & Quist Group

San Francisco-based investment banker Investment Banker

A person representing a financial institution that is in the business of raising capital for corporations and municipalities.

Notes:
An investment banker may not accept deposits or make commercial loans.
 

June 3rd Qtr. 1998 1997

Sales $102.8 million $82.3 million

Net Income $13.9 million $10.2 million

Net Per Share 52 cents 40 cents

Income from investment banking underwriting activities rose 134 percent to $28.2 million while corporate finance fees from merger and acquisition advice and private placement transactions rose 109 percent to $20 million.

Gillette Co.

Boston-based maker of razors, toiletries toi·let·ry  
n. pl. toi·let·ries
An article, such as toothpaste or a hairbrush, used in personal grooming or dressing.

toiletries nplartículos mpl de aseo (=
 and batteries

June 2nd Qtr. 1998 1997

Sales $2.33 billion $2.37 billion

Net Income $372 million $336 million

Net Per Share 33 cents 29 cents

Worldwide blade and razor sales were moderately higher while revenues and profits for toiletries were down sharply. However, sales ofthe Mach3 shaving system rose 21 percent in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere.  and profits from Braun products rose significantly.

Los Robles Robles is a common surname in the Spanish language meaning oaks, and may refer to:
  • Alfonso García Robles (1911-1991), Mexican diplomat and politician
  • Aurora Robles (born 1980), Mexican fashion model
  • Charlie Robles (born 1943), Puerto Rican musician
 Bancorp

Thousand Oaks-based parent of Los Robles Bank

June 2nd Qtr. 1998 1997

Sales $2.7 million $2.3 million

Net Income $339,000 $289,000

Net Per Share 28 cents 24 cents

Asset and loan portfolio growth accounted for the increase

PepsiCo Inc.

Purchase, N.Y.-based beverage and food company

June 2nd Qtr. 1998 1997

Sales $5.26 billion $5.1 billion

Net Income $494 million $414 million

Net Per Share 33 cents 26 cents

Earnings rose 19 percent on the strength of its snack food business. North American North American

named after North America.


North American blastomycosis
see North American blastomycosis.

North American cattle tick
see boophilusannulatus.
 beverage sales rose by 7 percent and 8 percent internationally.

Sun Microsystems Sun Microsystems, Inc. (NASDAQ: JAVA[3]) is an American vendor of computers, computer components, computer software, and information-technology services, founded on 24 February 1982.  Inc.

Palo Alto-based maker of computer workstations

June 4th Qtr. 1998 1997

Sales $2.88 billion $2.54 billion

Net Income $273 million $237.2 million

Net Per Share 69 cents 61 cents

Year End 1998 1997

Sales $9.8 billion $8.6 billion

Net Income $763 million $762.4 million

Net Per Share $1.93 $1.96

Fourth quarter and fiscal year 1998 results include a one-time acquisition charge of $14 million and $176 million respectively. For 1997, there's a one-time acquisition charge of $23 million and a gain on sale of equity investment of $62.2 million.

Tyco International For the unrelated division of Mattel, see .

Tyco International Ltd. NYSE: TYC is a diversified manufacturing conglomerate incorporated in Bermuda, with United States operational headquarters in New Jersey.
 Ltd.

Hamilton, Bermuda-based fire protection systems and security services company

June 3rd Qtr. 1998 1997

Sales $3.2 billion $2.5 billion

Net Income(x) $320 million $198 million

Net Per Share 54 cents 36 cents

(x) Second quarter 1998 earnings don't account for a $1 million charge from early repayment of debt and a $59.4 million charge against profits in 1997.
COPYRIGHT 1998 Daily News
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:BUSINESS
Publication:Daily News (Los Angeles, CA)
Geographic Code:1USA
Date:Jul 18, 1998
Words:477
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