EARNINGS ROUNDUP.American American, river, 30 mi (48 km) long, rising in N central Calif. in the Sierra Nevada and flowing SW into the Sacramento River at Sacramento. The discovery of gold at Sutter's Mill (see Sutter, John Augustus) along the river in 1848 led to the California gold rush of Pacific State Bank Los Angeles-based financial institution June June: see month. 2nd Qtr. 1998 1997 Sales $7.9 million $7.7 million Net Income $650,020 $590,076 Net Per Share (x) 12 cents 11 cents (x) Basic per-share earnings; diluted di·lute tr.v. di·lut·ed, di·lut·ing, di·lutes 1. To make thinner or less concentrated by adding a liquid such as water. 2. To lessen the force, strength, purity, or brilliance of, especially by admixture. earnings were not available. Castle & Cooke Inc. Los Angeles-based real estate developer, resort owner and operator June 2nd Qtr. 1998 1997 Sales $69.5 million $55.1 million Net Income $2.6 million (x) $1.3 million Net Per Share 13 cents 1 cent (x) Sales began closing on new homesites in Orlando Orlando, city, United States Orlando (ôrlăn`dō), city (1990 pop. 164,693), seat of Orange co., central Fla., in a lake region; inc. 1875. In a citrus fruit and farm area, it is one of the world's most visited vacation spots. , Fla., and new orders improved slightly in the company's residential projects on the Hawaiian Hawaiian, member of the Polynesian group of the Austronesian family of languages. Of the fewer than 10,000 people who speak Hawaiian, only a few hundred are native speakers, but the language is taught in some Hawaiian schools and remains important as a symbol of island of Oahu Oahu (ōä`h  ), island (1990 pop. 836,231), 593 sq mi (1,536 sq km), third largest and chief island of Hawaii, part of Honolulu co., between Molokai and Kauai. .
Eastman Chemical Co. Kingsport, Tenn.-based maker of chemicals, fibers and plastics June 2nd Qtr. 1998 1997 Sales $1.17 billion $1.21 billion Net Income $97 million $90 million Net Per Share$1.21 $1.14 Net income increased despite lower sales due to lower raw material costs and cost reduction efforts. Gateway North Sioux City Sioux City, city (1990 pop. 80,505), seat of Woodbury co., NW Iowa, at the junction of the Big Sioux and Floyd rivers with the Missouri; inc. 1857. It is a shipping, wholesale trade, and industrial center for an extensive agricultural and livestock area (including , S.D.-based direct marketer of computers June 2nd Qtr. 1998 1997 Sales $1.62 billion $1.39 billion Net Income $60.7 million $56.5 million Net Per Share 38 cents 36 cents Metro-Goldwyn-Mayer Inc. Santa Monica-based entertainment company June 2nd Qtr. 1998 1997 Sales $279.5 million $153.4 million Net Income (Loss) ($55 million)($14.8 million) Net Per Share (84 cents) (88 cents) Results for the period include operations from Orion Pictures, which MGM MGM in full Metro-Goldwyn-Mayer, Inc. U.S. corporation and film studio. It was formed when the film distributor Marcus Loew, who bought Metro Pictures in 1920, merged it with the Goldwyn production company in 1924 and with Louis B. Mayer Pictures in 1925. acquired in July 1997. The company's second-quarter results were affected in part by receipts from several films which performed below expectation. Also, the company announced that its board approved raising $250 million in additional equity capital and will investigate other financing options. Nokia Helsinki, Finland-based mobile phone and telecommunications network A telecommunications network is a of telecommunications links and nodes arranged so that messages may be passed from one part of the network to another over multiple links and through various nodes. systems company. June 2nd Qtr. 1998 1997 Sales $3.39 billion $2.4 billion Net Income $399.6 million $245.1 million Net Per Share 68 cents 42 cents Pinkerton's Inc. Encino-based security company June 2nd Qtr. 1998 1997 Sales $234.3 million $230.8 million Net Income (Loss) ($10 million) (x) $2.7 million Net Per Share (79 cents) 21 cents (x) The loss was blamed on write-downs associated with its United Kingdom business and its previously-announced plan to move to Westlake Village. Starbucks Corp. Seattle-based coffee house operator and coffee retailer June 3rd Qtr. 1998 1997 Sales $334.4 million $244.2 million Net Income $7.9 million (x) $14.2 million Net Per Share 9 cents 17 cents (x) The quarter's net income was affected by costs associated with Starbuck's acquisition of Seattle Coffee. Without the acquisition, net income would have been $20.9 million, or 23 cents a share. Syncor International Corp. Woodland Hills-based provider of radiopharmaceuticals, and pharmacy pharmacy, art of compounding and dispensing drugs and medication. The term is also applied to an establishment used for such purposes. Until modern times medication was prepared and dispensed by the physician himself. In the 18th cent. and medical imaging services. June 2nd Qtr. 1998 1997 Sales $113.2 million $98.2 million Net Income $4.4 million $4.3 million Net Per Share 40 cents 44 cents (x) (x) Second-quarter 1997 per-share results included a one-time 11-cent benefit stemming from discontinued operations Discontinued operations Divisions of a business that have been sold or written off and that no longer are maintained by the business. . 3D Systems Corp. Valencia-based maker of digital modeling systems June 2nd Qtr. 1998 1997 Sales $24.7 million $21.8 million Net Income (Loss) $525,635 ($279,681) (x) Net Per Share 4 cents (2 cents) (x) Last year's loss stemmed stemmed adj. 1. Having the stems removed. 2. Provided with a stem or a specific type of stem. Often used in combination: stemmed goblets; long-stemmed roses. from a non-recurring $500,000 expense related to severance The act of dividing, or the state of being divided. The term severance has unique meanings in different branches of the law. Courts use the term in both civil and criminal litigation in two ways: first, when dividing a lawsuit into two or more parts, and second, when benefits. |
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