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Business Wire articles from Thursday, August 22

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<a href="http://www.highbeam.com/Business+Wire/publications.aspx?date=19960822" title="Articles and back issues from Business Wire">Business Wire articles</a>

Business Wire back issues from Thursday, August 22:

Rural/Metro Corp. Reports Record Financial Results for the Fourth Quarter and Fiscal Year 1996.

Aug 22, 1996 ... SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Aug. 22, 1996--Rural/Metro Corp. (NASDAQ:RURL) today reported record revenue, net income and earnings per share for the fourth quarter and fiscal year ended June 30, 1996.Revenue for the recent fourth quarter grew 33 percent to $68,677,000, ...

SBS Technologies Inc. reports record 1996 results.

Aug 22, 1996 ... ALBUQUERQUE, N.M.--(BUSINESS WIRE)--Aug. 22, 1996--SBS Technologies, Inc. (Nasdaq/NMS: SBSE) today announced record revenues and net income for both its fourth quarter and fiscal year ended June 30, 1996.For the fiscal fourth quarter ended June 30, 1996, revenues increased more ...

Reports Second Quarter Results and Increased Traffic at Its Stores.

Aug 22, 1996 ... SAN FRANCISCO--(BUSINESS WIRE)--Aug. 22, 1996--Sharper Image Corporation (NASDAQ: SHRP) today reported total revenues for the second quarter ended July 31, 1996 of $44.2 million, a three percent decrease from total revenues of $45.8 million for the quarter in 1995.Comparable store ...

AIRPORT SYSTEMS REPORTS FIRST QUARTER EARNINGS ANNOUNCES NEW NAVAID CONTRACT IN MIDDLE EAST.

Aug 22, 1996 ... OVERLAND PARK, Kan.--(BUSINESS WIRE)--Aug. 22, 1996--Airport Systems International, Inc. (Nasdaq/NM:ASII) today reported results for the first quarter of the Company's 1997 fiscal year. For the three months ended July 31, 1996, Airport Systems reported net sales of $5.2 million compared ...

Centennial Technologies, Inc. to acquire Triax Technology Group, Ltd.

Aug 22, 1996 ... BILLERICA, MASSACHUSETTS--(BUSINESS WIRE)--AUGUST 22, 1996-- CENTENNIAL TECHNOLOGIES, INC. (AMEX: CTN) announced today that it is in negotiations to acquire TRIAX TECHNOLOGY GROUP, LTD. a privately held contract manufacturer based in St. Albans, Herts, United Kingdom.The completion ...

Catherines Stores Corporation reports second quarter operating results.

Aug 22, 1996 ... MEMPHIS, Tenn.--(BUSINESS WIRE)--Aug. 22, 1996--Catherines Stores Corporation (NASDAQ: CATH) reported today that net income for the second quarter of fiscal 1996 decreased to $1.7 million from $2.6 million in the prior year.Earnings year to date decreased to $3.9 million from $4.9 ...

Omnicare signs agreement to acquire long-term care division of Downeast Pharmacy and also acquires Three Forks Apothecary.

Aug 22, 1996 ... CINCINNATI--(BUSINESS WIRE)--Aug. 22, 1996--Omnicare, Inc. (NYSE:OCR) today announced it has signed a definitive agreement to acquire the long-term care division of Downeast Pharmacy, Inc., a privately owned institutional pharmacy provider based in Bangor, Maine. In addition, Omnicare also ...

Alpha Technologies Group announces acquisition of Lockhart Industries.

Aug 22, 1996 ... NEW YORK--(BUSINESS WIRE)--Aug. 22, 1996--Alpha Technologies Group, Inc. (Nasdaq:ATGI) reported today that it has closed on the previously announced definitive agreement to acquire Lockhart Industries, Inc. (Lockhart). Lockhart, located in Paramount, California, is a designer and ...

Armanino Foods of Distinction, Inc. Reports Revenue and Net Income Results for 1996 Second Quarter.

Aug 22, 1996 ... HAYWARD, Calif.--(BUSINESS WIRE)--Aug. 22, 1996--Armanino Foods of Distinction, Inc. (NASDAQ: ARMF) today reported second quarter results.Net sales for the quarter ended June 30, 1996, were $3,529,005, as compared to $3,222,320 for the quarter ended June 30, 1995, a 10% increase. ...

State Auto Financial announces dividend increase.

Aug 22, 1996 ... COLUMBUS, Ohio--(BUSINESS WIRE)--Aug. 22, 1996--The board of directors of State Auto Financial Corp. (NASDAQ:STFC) voted today to increase the quarterly cash dividend by 9 percent to 4 cents per share, payable Sept. 30, 1996, to shareholders of record at the close of business on Sept. 13, ...

Oshap Technologies announces second quarter and six months 1996 results.

Aug 22, 1996 ... HERZLIA, Israel--(BUSINESS WIRE)--Aug. 22, 1996--OSHAP TECHNOLOGIES LTD. (NASDAQ/NM Symbol: OSHSF) announced today unaudited results of operations for the second quarter and six months ended June 30, 1996.During the second quarter of 1996, the Company's subsidiary Tecnomatix ...

Hutchison Whampoa Limited Interim Report For The Year Ending 31 December 1996.

Aug 22, 1996 ... NEW YORK--(BUSINESS WIRE)--Aug. 22, 1996-- HALF YEAR RESULTSThe unaudited consolidated net profit after taxation of the Group for the half year ended 30 June 1996 amounted to US$1,014 million representing a 75 percent increase over the comparable 1995 period. The result under ...

Cheyenne Software acquires Moniker, Inc.

Aug 22, 1996 ... ROSLYN HEIGHTS, N.Y.--(BUSINESS WIRE)--August 22, 1996--Leading Developer of Software for Recordable CD-ROMs StrengthensCheyenne's Position in Desktop Storage Management ArenaCheyenne Software, Inc. (AMEX: CYE), a world leader in the development and marketing of ...

PXRE CORPORATION AND TRANSNATIONAL RE CORPORATION SIGN MERGER AGREEMENT.

Aug 22, 1996 ... EDISON, N.J.--(BUSINESS WIRE)--Aug. 22, 1996--PXRE Corporation (Nasdaq/NM:PXRE) and Transnational Re Corporation (Nasdaq/NM:TREX) today announced that they have signed a definitive Agreement and Plan of Merger, pursuant to which Transnational Re will merge with and into PXRE. After the ...

Interchange Financial Services declares quarterly dividend.

Aug 22, 1996 ... SADDLEBROOK, N.J.--(BUSINESS WIRE)--Aug. 22, 1996--On Aug. 21, 1996, Interchange Financial Services Corp., the holding company for Interchange State Bank, declared an increased quarterly cash dividend of 18.5 cents per common share payable on Oct. 18, 1996 to holders of record as of Sept ....

AMERICAN WOODMARK CORPORATION ANNOUNCES FIRST CASH DIVIDEND.

Aug 22, 1996 ... WINCHESTER, Va.--(BUSINESS WIRE)--Aug. 22, 1996--American Woodmark Corporation (Nasdaq:AMWD), a leading national manufacturer of cabinetry, announced a $0.02 per share quarterly cash dividend on its common stock. The announcement came at the Company's Annual Shareholders' meeting. William ...

CTH announces fiscal 1996 results.

Aug 22, 1996 ... FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Aug. 22, 1996--Cancer Treatment Holdings Inc. (ASE/ECM:CTH.EC) Thursday announced financial results for the fiscal year ended May 31, 1996.Revenues increased to $11,865,000 in fiscal 1996 from $11,017,000 in fiscal 1995. Income from ...

PXRE CORPORATION DECLARES QUARTERLY CASH DIVIDEND ON ITS COMMON SHARES.

Aug 22, 1996 ... EDISON, N.J.--(BUSINESS WIRE)--Aug. 22, 1996--PXRE Corporation (Nasdaq National Market: PXRE) today announced that its Board of Directors has declared a quarterly cash dividend on the Company's common shares. The quarterly cash dividend on PXRE's common stock is $.18 per share and is ...

Seagate Software Outlines Storage Management Group's 1997 Product Strategy; Windows NT focus and consolidated product lines from the desktop to the enterprise highlight company's push to solidify market leadership.

Aug 22, 1996 ... ORLANDO, Fla.--(BUSINESS WIRE)--Aug. 22, 1996--Seagate Software, Storage Management Group today disclosed the details of its 1997 product plans, including an integrated product strategy designed to solidify the company's position as the leader in Microsoft Windows NT storage management. The ...

Seagate Software Launches First Integrated Enterprise Management Support for NetWare and Windows NT Backup; Seagate ExecView provides first cross-platform enterprise storage management capability; Seagate Backup Exec for NetWare version 7.11 released with support for Seagate ExecView.

Aug 22, 1996 ... ORLANDO, Fla.--(BUSINESS WIRE)--Aug. 22, 1996--Seagate Software, Storage Management Group today launched Seagate ExecView, the first solution that provides integrated, cross-platform storage management for today's enterprise networks running Microsoft Windows NT and Novell NetWare operating ...

Phillips launches site on World Wide Web: http://www.phillips66.com.

Aug 22, 1996 ... BARTLESVILLE, Okla.--(BUSINESS WIRE)--Aug. 22, 1996--Phillips Petroleum Company [NYSE: P] announced today it has launched a site on the World Wide Web.The address, or URL, is: http://www.phillips66.com. The site contains current and historical information about the company, ...

Connecticut Natural Gas receives Doe Grant for fuel cell development.

Aug 22, 1996 ... HARTFORD, Conn.--(BUSINESS WIRE)--Aug. 22, 1996--Connecticut Natural Gas Corp. (NYSE: CTG) has announced the approval of a $200,000 U.S. Department of Energy (DOE) grant toward the cost of a 200 kilowatt fuel cell under DOE's commercialization assistance program.CTG's was one of 15 ...

Greenstone Roberts purchases interest in The Gothard Group Inc.

Aug 22, 1996 ... MELVILLE, N.Y.--(BUSINESS WIRE)--Aug. 22, 1996--Greenstone Roberts Advertising/Florida, a wholly owned subsidiary of Greenstone Roberts Advertising, New York has acquired an interest in The Gothard Group Inc., a $5 million capitalized Miami-based public relations agency.The merged ...

EVERGREEN BANCORP ANNOUNCES PURCHASE OF NEW LOCATION IN LATHAM, NEW YORK.

Aug 22, 1996 ... GLENS FALLS, N.Y.--(BUSINESS WIRE)--Aug. 22, 1996--Evergreen Bancorp, Inc. (Nasdaq/NM:EVGN) today announced that it was the successful bidder for the former Fleet building located at One Loudon Road in Latham, New York. The building previously was regional headquarters for Manufacturers ...

Ericsson signs $60 million AXE contract in Thailand.

Aug 22, 1996 ... STOCKHOLM, Sweden--(BUSINESS WIRE)--Aug. 22, 1996--Ericsson has signed a contract with Thai Telephone & Telecommunication Public Co., Ltd. (TT&T) Thailand for the supply of AXE switching equipment, to be implemented in the provinces outside Bangkok in Thailand. Valued at approximately $60 ...

MSU announces $7.4 million order.

Aug 22, 1996 ... CENTRAL MILTON KEYNES, U.K.--(BUSINESS WIRE)--Aug. 22, 1996-- MSU Corp. (Nasdaq: MUCP) is pleased to announce it has received an order from DiBar Co. Inc. (DiBar) to purchase $7.4 million of MSU's Internet Accessing Chip incorporating its proprietary Internet Service Processor (iSP) ...

Cerveza Mexicali Beer Reborn.

Aug 22, 1996 ... EL MONTE, Calif.--(BUSINESS WIRE)--Aug. 22, 1996--The Mexicali Brewing Company has given new life to Cerveza Mexicali beer, a German-style Pilsner that reigned as Baja California's No. 1 beer for five decades until the plant where it was bottled shut down in 1973.Based on a ...

MTI announces new solid-state disk database accelerators; high-speed storage systems reduce database I/O bottlenecks.

Aug 22, 1996 ... ANAHEIM, Calif.--(BUSINESS WIRE)--Aug. 22, 1996--MTI(tm) Technology Corp. (NASDAQ:MTIC) has increased capacity, functionality and packaging options for its Solid State Disk (SSD) product family.MTI SSD Database Accelerators have already improved the performance of relational ...

Tenet Healthcare Corp. and its Orange County hospitals contribute $20,000 to Hispanic Education Endowment Fund.

Aug 22, 1996 ... SANTA BARBARA, Calif.--(BUSINESS WIRE)--Aug. 22, 1996--Tenet Healthcare Corp. (NYSE/PSE:THC) and its four acute-care hospitals in Orange County, Calif., recently donated $20,000 to the Orange County Hispanic Education Endowment Fund Inc.The Tenet hospitals include: Placentia Linda ...

Computer City takes a byte out of the Big Apple.

Aug 22, 1996 ... NEW YORK--(BUSINESS WIRE)--Aug. 22, 1996--Computer City, a division of Tandy Corporation (NYSE:TAN) and one of North America's leading computer superstore retailers, will open its largest SuperCenter today in Manhattan.Located at 1065 Sixth Ave. (between 40th and 41st Streets), the ...

BLIMPIE International declares annual cash dividend.

Aug 22, 1996 ... NEW YORK--(BUSINESS WIRE)--Aug. 22, 1996--BLIMPIE International Inc. (NASDAQ NMS: BMPE) announced today that it has declared a $.035 cash dividend payable on Sept. 17, 1996 to shareholders of record on Sept. 3, 1996.The $.035 cash dividend is an increase from the 3 cent cash ...

REPEAT/WasteMasters Inc. opens 3,000 tons per day Philadelphia transfer station.

Aug 22, 1996 ... BALTIMORE--(BUSINESS WIRE)--Aug. 21, 1996--WasteMasters Inc. (NASDAQ:WAST) announced Wednesday the opening of a 3,000 ton per day transfer station in the City of Philadelphia.This facility, situated in a major eastern market, has permits for Construction and Demolition waste and is ...

BELMONT HOMES AGREES TO ACQUIRE BELLCREST HOMES.

Aug 22, 1996 ... BELMONT, Miss.--(BUSINESS WIRE)--Aug. 22, 1996--Belmont Homes, Inc. (Nasdaq/NM:BHIX) today announced that it has entered into an agreement in principle to acquire all of the outstanding stock of Bellcrest Homes, Inc., a privately owned manufactured housing company headquartered in Millen, ...

Beneficial raises quarterly cash dividend 10.6% to $0.52; eighth consecutive year of increase.

Aug 22, 1996 ... WILMINGTON, Del.--(BUSINESS WIRE)--Aug. 22, 1996--The Board of Directors of Beneficial Corporation (NYSE: BNL) today voted to raise the quarterly cash dividend on the Company's common stock by 10.6 percent to $0.52 from $0.47 per share, the eighth consecutive annual increase in the company's ...

Integrated Healthcare Systems introduces industry's first fully integrated fax communications software.

Aug 22, 1996 ... RESTON, Va.--(BUSINESS WIRE)--August 22, 1996--Integrated Healthcare Systems Inc. (IGHS: NASDAQ, Bulletin Board) has developed a fax communications software product unlike any view-and-store fax system previously available in the healthcare software market.The product, called ...

Abington Savings Bank to form holding company.

Aug 22, 1996 ... ABINGTON, Mass.--(BUSINESS WIRE)--Aug. 22, 1996--Abington Savings Bank (Nasdaq NMS: ABBK) today announced that its board of directors has voted to form a holding company for the bank.The proposed holding company will be a newly formed Massachusetts corporation to be known as ...

V3 Semiconductor introduces CloverLeaf-960 -V96DPC-, its latest addition to the high-performance PCI bridge controller family for the Intel i960 series of embedded processors.

Aug 22, 1996 ... SANTA CLARA, Calif.--(BUSINESS WIRE)--Aug. 22, 1996--V3 Semiconductor Inc. (NASDAQ OTC: VVVI) today announced the availability of production quantities of the CloverLeaf-960 (V96DPC) local bus to dual PCI bridge controller product line.The CloverLeaf-960 family is fully compliant ...

The Travel Channel and Cowles Enthusiast Media to co-produce "HISTORIC TRAVELER: ROBERT E. LEE'S VIRGINIA".

Aug 22, 1996 ... STAMFORD, Conn.--(BUSINESS WIRE)--Aug. 22, 1996--Civil War battlefields and surrounding travel accommodations are part of the fascinating mix that comes alive in the hour-long pilot program of HISTORIC TRAVELER, a 13-episode series to be co-produced by Cowles Enthusiast Media Inc. and The ...

Natural Health Trends Corp. announces second quarter results.

Aug 22, 1996 ... POMPANO BEACH, Fla.--(BUSINESS WIRE)--Aug. 22, 1996--Natural Health Trends, Corp., (NASDAQ:NHTC), reported record sales of $1,889,193 for the second quarter of 1996 which ended June 30.This represents an increase of 104% over last year's second quarter revenues of $926,327 and ...

NEW FAST PAY "SPEEDPASS" TECHNOLOGY DEBUTS AT ST. LOUIS-AREA MOBIL SERVICE STATIONS.

Aug 22, 1996 ... ST. LOUIS--(BUSINESS WIRE)--Aug. 22, 1996--Mobil today announced that 50 of its St. Louis-area stations will take self-service gasoline pump advancement to the highest level of sophistication with the introduction of a new and exclusive transaction technology called Mobil Pegasus ...

Willis Stein & Partners Invests $50 Million In US ONE Communications; Equity Investment Will Assist Nationwide Deployment of Competitive Local Exchange Service.

Aug 22, 1996 ... DALLAS--(BUSINESS WIRE)--Aug. 22, 1996--US ONE Communications Corp. announced today that Chicago-based Willis Stein & Partners, L.L.C. has completed a $50 million equity investment to support US ONE's nationwide deployment of competitive local telephone services.Willis Stein's ...

NYNEX reaches agreement with TCG to interconnect telephone networks in New York.

Aug 22, 1996 ... NEW YORK--(BUSINESS WIRE)--Aug. 22, 1996--NYNEX announced today that it has signed a new interconnection agreement with Teleport Communications Group (TCG) designed to meet the 14-point checklist detailed in the Telecommunications Act of 1996, one of the requirements for NYNEX's entry into ...

TCG-NYNEX Interconnection Agreement to open New York area's $1.5 Billion Dollar Switched Access Market to Competition.

Aug 22, 1996 ... NEW YORK--(BUSINESS WIRE)--Aug. 22, 1996--Teleport Communications Group Inc. (TCG), "The Other Local Phone Company,"(SM) announced today that it signed an interconnection agreement with NYNEX that permits TCG to compete for the estimated $1.5 billion in fees that long distance telephone ...

Access closes fiscal year with 44 percent revenue growth and 58 percent profit increase; Powerful growth for document management provider yields profit and cash increases.

Aug 22, 1996 ... CINCINNATI, Ohio--(BUSINESS WIRE)--Aug. 22, 1996-- Access Corp., a leader in total-solutions document and workflow management software, services and support, at its annual stockholders' meeting today announced revenues for fiscal year 1996 increased 44 percent over the same period one year ...

Bausch & Lomb Updates Third Quarter Outlook; Third Quarter Revenue Growth Expected to be in the 5% Range Earnings Outlook $2.20-$2.30 for Full Year.

Aug 22, 1996 ... ROCHESTER, N.Y.--(BUSINESS WIRE)--Aug. 22, 1996--Bausch & Lomb (NYSE/BOL) said today it expects revenue growth from continuing operations in the range of 5% for the third quarter of 1996. Earnings before one-time charges are now expected to be in the range of $2.20- $2.30 for the full year, ...

MDC Communications Corporation - Sales, Operating Income, Cash Flow Post Gains - on Target for 1996 Profit Growth.

Aug 22, 1996 ... TORONTO--(BUSINESS WIRE)--Aug. 22, 1996--MDC COMMUNICATIONS (TSE: MDZ.A AMEX: MDQ)MDC REPORTS SIX-MONTH FINANCIAL RESULTS.MDC Communications Corporation of Toronto today announced financial results for the six-month period ending June 30, 1996, including strong gains in ...

Uni-Select: Continued Sales and Earnings Growth.

Aug 22, 1996 ... BOUCHERVILLE, Quebec--(BUSINESS WIRE)--Aug. 22, 1996--UNI-SELECT INC.(ME, TSE: UNS) In the second quarter of 1996, Uni-Select posted a net earnings of $3,315,000 or $0.35 per share, an increase of 14.0 percent over last year net earnings of $2,908,000 or $0.31 per share. Sales increased 10.0 ...

HDS Network Systems Inc. reports operating results.

Aug 22, 1996 ... KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--Aug. 22, 1996--HDS Network Systems Inc., a leading international supplier of network computers and associated software designed for multivendor, multimedia networks and the Internet, Thursday reported results for its fiscal year ended June 30, 1996. ...

Courage Energy announces six months June 30, 1996 financial results.

Aug 22, 1996 ... CALGARY, ALBERTA--(BUSINESS WIRE)--AUG. 22, 1996--COURAGE ENERGY INC. (TSE: CEO) COURAGE ENERGY INC. announces the financial results for the six months ended June 30th, 1996. All of the company's financial and operating results continue to dramatically improve as the result of increased ...

Shareholders approve Peoples' Family acquisition.

Aug 22, 1996 ... PORTLAND, Maine--(BUSINESS WIRE)--Aug. 22, 1996--Peoples Heritage Financial Group Inc. (NASDAQ:PHBK) announced today that shareholders of both companies have voted overwhelmingly to approve the acquisition of Family Bancorp (NASDAQ:FMLY).Peoples Heritage announced that 96 percent ...

Amcast declares dividend.

Aug 22, 1996 ... DAYTON, Ohio--(BUSINESS WIRE)--Aug. 22, 1996--Amcast Industrial Corporation (NYSE:AIZ) announced today that the Board of Directors has declared a quarterly dividend of 14 cents per share on the company's common stock. The dividend is payable September 20 to shareholders of record September ...

Plexus Division of BancTec Expands Support of Imaging and Workflow Products for the Enterprise on Digital Alpha Platform.

Aug 22, 1996 ... SUNNYVALE, Calif.--(BUSINESS WIRE)--Aug. 22, 1996--Plexus Division of BancTec, Inc. (Plexus) and Digital Equipment Corporation (Digital) today announced a major expansion of support of Plexus' enterprise-scale Imaging and Workflow products on Digital's AlphaServer system family, including ...

River Gold Mines Ltd report six months ended.

Aug 22, 1996 ... VAL D'OR, Quebec--(BUSINESS WIRE)--Aug. 22, 1996--During the second quarter of 1996, the Eagle River Mine produced 16,854 ounces of gold and 1580 ounces of byproduct silver from a total of 44,392 tonnes of ore milled.This brings total production for the first half of 1996 to 35,090 ...

Virginia Gold Mines Inc. - La Grande Project: Discovery of a Polymetallic Mineralized System.

Aug 22, 1996 ... QUEBEC--(BUSINESS WIRE)--Aug. 22, 1996--VIRGINIA GOLD MINES (ME:VIA) Virginia Gold Mines Inc. ("Virginia") is pleased to publish the first sampling results of the 1996 summer-fall exploration program done on the northern part of the La Grande property with its partner Barrick Gold ...

HA-LO forms new product consulting division.

Aug 22, 1996 ... NILES, Ill.--(BUSINESS WIRE)--Aug. 22, 1996--HA-LO Industries Inc. (NASDAQ:HALO), a leading distributor of speciality premium advertising products, today announced the formation of Consulting by HA-LO, a consulting division that will assist clients, inventors, and holders of existing ...

Interchange Financial Services corrects dividend announcement.(Correction Notice)

Aug 22, 1996 ... --(BUSINESS WIRE)--Aug. 22, 1996--In BW1148, (INTERCHANGE-FINCL-SVCS) Declares Quarterly Dividend, first graph, third line should read xxx declared a quarterly cash dividend (sted declared an increased quarterly cash dividend).Corrected sentence follows:On Aug ....

REPEAT/Etruscan Enterprises Ltd. announces agreement with Credifinance Securities Limited.

Aug 22, 1996 ... DARTMOUTH, Nova Scotia--(BUSINESS WIRE)--Aug. 22, 1996--ETRUSCAN ENTERPRISES (VSE: EET) Etruscan Enterprises Ltd. announced today that it has reached an agreement with Credifinance Securities Limited ("Credifinance") whereby Credifinance will act on a best efforts basis to market by way of ...

Novell Reports Third Fiscal Quarter Results; Net Income Of $59 Million, 17 Cents Per Share.

Aug 22, 1996 ... OREM, Utah--(BUSINESS WIRE)--Aug. 22, 1996--Novell, Inc. (NASDAQ:NOVL) today reported revenue of $365 million for its third fiscal quarter ended July 27, 1996. Net income was $59 million, or 16 percent of revenue. On a per share basis, net income was $0.17 on 352 million weighted average ...

Washington Post Company to acquire Washington Technology newspaper, bolstering regional 'Netplex' concept.

Aug 22, 1996 ... WASHINGTON--(BUSINESS WIRE)--Aug. 22, 1996--The Washington Post Company announced Thursday it has entered into a definitive agreement to acquire TechNews Inc., publisher of Washington Technology newspaper.Published since 1986, Washington Technology is an award-winning business ...

Aspen Bancshares declares dividend on common stock.

Aug 22, 1996 ... ASPEN, Colo.--(BUSINESS WIRE)--Aug. 22, 1996--The Board of Directors of Aspen Bancshares (Nasdaq: ASBK) has declared a regular quarterly dividend of $0.05 per share of common stock payable October 3, 1996 to shareholders of record as of September 17, 1996.Aspen Bancshares is the ...

LEGACY Storage Systems International Inc. announces 1996 year end results and proposed 10:1 common share consolidation.

Aug 22, 1996 ... MARKHAM, Ontario--(BUSINESS WIRE)--Aug. 22, 1996--LEGACY STORAGE SYSTEMS (TSE: LEG) -- LEGACY Storage Systems International Inc. reports financial results for the year ended May 31, 1996.Results include activities of Tecmar Technologies, Inc. (previously Rexon Incorporated) for the ...

View Tech signs letter of intent to acquire GroupNet Inc.; nationwide expansion continues into the Northeastern United States.

Aug 22, 1996 ... CAMARILLO, Calif. and BOSTON--(BUSINESS WIRE)--Aug. 22, 1996-- View Tech Inc. (NASDAQ:VUTK), Thursday announced that it has agreed in principle to acquire Boston-based GroupNet Inc., for a combination of cash and stock valued at approximately $1.4 million.GroupNet is an authorized ...

Interchange Financial Services declares quarterly dividend.

Aug 22, 1996 ... SADDLEBROOK, N.J.--(BUSINESS WIRE)--Aug. 22, 1996--On Aug. 21, 1996, Interchange Financial Services Corp., the holding company for Interchange State Bank, declared a quarterly cash dividend of 18.5 cents per common share payable on Oct. 18, 1996 to holders of record as of Sept. 20, 1996. ...

Delaware Chancery Court finds in favor of Recoton and International Jensen merger.

Aug 22, 1996 ... LAKE MARY, Florida--(BUSINESS WIRE)--August 22, 1996-- Recoton Corporation (Nasdaq National Market:RCOT), the leading North American consumer electronic accessory company, today announced that the Delaware Chancery Court on Tuesday, denied the motions for preliminary injunction which had ...

Proffitt's, Inc. announces record second quarter operating results.

Aug 22, 1996 ... KNOXVILLE, Tenn.--(BUSINESS WIRE)--Aug. 22, 1996--Department store retailer Proffitt's, Inc. (NASDAQ: PRFT) today announced record operating results for the quarter ended Aug. 3, 1996.Proffitt's, Inc. merged with Younkers, Inc. effective Feb. 3, 1996, immediately before the ...