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PR Newswire articles from Wednesday, August 16

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<a href="http://www.highbeam.com/PR+Newswire/publications.aspx?date=19950816" title="Articles and back issues from PR Newswire">PR Newswire articles</a>

PR Newswire back issues from Wednesday, August 16:

GRANCARE, INC. ANNOUNCES EARNINGS INCREASE FOR EVERGREEN HEALTHCARE, INC.

Aug 16, 1995 ... announced record results for Evergreen Healthcare, Inc. (EHI). EHI was acquired by GranCare on July 21, 1995. The fourth quarter and twelve months ended June 30, 1995 were consistent with the market's expectations and record breakers for Evergreen.Total net revenues for the ...

EASTMAN DEVELOPS OXIDATION TECHNOLOGY

Aug 16, 1995 ... Company (NYSE: EMN) has developed novel catalytic technology to convert butadiene to 3,4-epoxy-1-butene (EpB). Plans are under way to commercialize the process in a plant in Longview, Texas, with an annual capacity of 3 million pounds."We are excited about our breakthrough ...

INSTEEL DECLARES REGULAR CASH DIVIDEND AND AUTHORIZES REPURCHASE OF SHARES

Aug 16, 1995 ... Insteel Industries, Inc. (NYSE: III) declared a regular quarterly cash dividend of six cents per share. The dividend is payable October 2, 1995, to shareholders of record September 15, 1995.The Board of Directors also approved a proposal that permits the company to purchase up to ...

TRIANGLE BANCORP INCREASES DIVIDEND

Aug 16, 1995 ... meeting on August 15, 1995, the board of directors of Triangle Bancorp, Inc. (Nasdaq-NNM: TRBC) voted to increase the quarterly cash dividend of the Corporation to $.06 a share from $.04 a share. Simultaneously, they declared the regular quarterly cash dividend payable September 29, 1995 to ...

APS HOLDING SECOND QUARTER SALES RISE 19 PERCENT; EARNINGS BEFORE INTEREST AND TAXES UP 24 PERCENT

Aug 16, 1995 ... (Nasdaq: APSI) reported today higher sales and earnings before interest and taxes (EBIT) for the second quarter and six months ended July 25, 1995. Company management cited recent acquisitions and new Installers' Service Warehouse(R) (ISW(SM)) units as primary reasons for the higher sales ...

HECHINGER COMPANY ANNOUNCES SECOND QUARTER EARNINGS

Aug 16, 1995 ... (Nasdaq-NNM: HECHA and HECHB) today announced that net earnings for the second quarter ended July 29, 1995 were $9.1 million or $.22 per share, compared to $21.4 million or $.48 per share last year. Sales for the second quarter were $648.6 million, compared to $708.9 million last year, a ...

INTERNET SURFERS CAN CATCH A WAVE ON APPLE PACIFIC'S NEW WEB SITES; WORLD WIDE WEB SITE ESTABLISHED FOR APPLE'S FASTEST-GROWING REGION

Aug 16, 1995 ... PowerBook in Australia? How does Apple distribute products in China? Did you know that Apple Canada shipped its one millionth computer? These questions and many more can be answered by browsing through Apple Pacific's new Internet web sites. Debuting this week, the Apple Pacific Internet ...

DATA BROADCASTING ADDS EXCLUSIVE FINANCIAL DATA AND COMMENTARY TO MICROSOFT NETWORK'S ON-LINE SERVICE

Aug 16, 1995 ... Corporation (Nasdaq: DBCC) (DBC) today announced that it has expanded the lineup of content providers on its new on-line service scheduled to debut on the Microsoft Network (MSN) on Aug. 24, 1995. Specialized financial data, news and commentary for investors from a wide variety of provider ...

3,340,000 MINNESOTA EDUCATIONAL COMPUTING CORPORATION (MECC) COMMON SHARES OFFERED AT $31 PER SHARE

Aug 16, 1995 ... Corporation (MECC) (Nasdaq: MECC) today announced the public offering of 3,340,000 shares at $31 per share. Of these shares, 200,000 are being offered by the company and 3,140,000 are being offered by the selling shareholders.William Blair & Company, Piper Jaffray Inc. and Salomon ...

AMES REPORTS SECOND-QUARTER PROFIT, IMPROVED OPERATING PERFORMANCE

Aug 16, 1995 ... Inc. (Nasdaq: AMES) today announced net income of $3.19 million, or $0.15 per share, for the second quarter (13 weeks ended July 29, 1995), compared with net income of $6.61 million, or $0.31 per share, for the same period last year (13 weeks ended July 30, 1994).This year's ...

MOBILEMEDIA EXTENDS EXPIRATION DATE FOR OFFER TO PURCHASE 12-1/4% SENIOR NOTES OF DIAL PAGE, INC. AND RELATED CONSENT SOLICITATION

Aug 16, 1995 ... Corporation (Nasdaq-NNM: MBLM) today announced that its wholly owned subsidiary, MobileMedia DP Communications, Inc. ("DP Communications") has extended the Expiration Date for its offer to purchase (the "Offer") all of the $85,000,000 principal amount of 12-1/4% Senior Notes due 2000 of Dial ...

MICRO HEALTHSYSTEMS REPORTS FISCAL 1996 FIRST QUARTER RESULTS

Aug 16, 1995 ... (Nasdaq: MCHS) today reported results for the first quarter of fiscal 1996 ended June 30, 1995.Revenues for the first quarter of fiscal 1996 were $3,890,000 compared with $4,107,000 in the first quarter last year. The net loss for the quarter was $846,000 or $0.14 per share versus ...

BANKERS TRUST TO ACQUIRE BANKAMERICA MORTGAGE AND ASSET SECURITIES SERVICES BUSINESS

Aug 16, 1995 ... (NYSE: BT) (Bankers Trust) and BankAmerica Corporation (BankAmerica) have reached a definitive agreement for the acquisition by Bankers Trust of the Mortgage and Asset Securities Services (MASS) business of BankAmerica.The MASS business serves issuers of mortgage-backed securities ...

BIOCIRCUITS ENTERS COLLABORATION WITH BECKMAN INSTRUMENTS FOR LIPID/POLYMER TECHNOLOGY; RECEIVES $3.5 MILLION FOR RIGHTS TO TECHNOLOGY

Aug 16, 1995 ... (Nasdaq: BIOC) today announced entry into a collaborative relationship with Beckman Instruments, Inc., for the further development and potential commercialization of Biocircuits' proprietary lipid/polymer technology."We have maintained a firm commitment to developing our ...

DEVRY REPORTS RECORD YEAR-END EARNINGS

Aug 16, 1995 ... (Nasdaq: DVRY), a national system of career-oriented higher-education institutes, today reported a 21.8 percent increase in earnings for the fiscal year ended June 30, 1995.Net income for the year totaled $14.9 million, or $0.89 per share, compared with $12.2 million or $0.73 per ...

EXOGEN'S SONIC ACCELERATED FRACTURE HEALING SYSTEM (SAFHS) MEETS BLUE CROSS AND BLUE SHIELD ASSOCIATION'S TECHNOLOGY ASSESSMENT CRITERIA

Aug 16, 1995 ... (Nasdaq-NNM: EXGN) announced today that its Sonic Accelerated Fracture Healing System (SAFHS(R)) was determined by the Blue Cross and Blue Shield Association's Technology Evaluation Center (TEC) to meet their technology assessment criteria. The TEC assessment is based on several factors ...

WASHINGTON REAL ESTATE INVESTMENT TRUST ANNOUNCES 2ND QUARTER 1995 FUNDS FROM OPERATIONS UP 8%

Aug 16, 1995 ... Investment Trust (AMEX: WRE) (WRIT) reported that 2nd quarter 1995 Funds from Operations were up 8% to $7,320,977 from $6,780,947 in the 2nd quarter of 1994. Funds from Operations is the primary earnings measure for the REIT industry. On a per share basis, Funds from Operations increased ...

THE TELEGRAPH PLC: INTERIM REPORT FOR THE SIX MONTHS TO JUNE 30, 1995

Aug 16, 1995 ... its interim report for the six months to June 30, 1995:Summary Of Key Results-- Pre tax profit, including profit on sale of investment, 21.5m sterling pounds compared to 30.3m sterling pounds.-- Group turnover reduced by 14.9m pounds, to 121.4m pounds. ...

NEWBRIDGE NETWORKS ANNOUNCES NEW NORMAL COURSE ISSUER BID

Aug 16, 1995 ... Corporation (NYSE: NN) announced today that following the expiry of its normal course issuer bid on July 17, 1995, the Company has decided to make another normal course issuer bid so that it will continue to be in a position to make normal course purchases of its common shares from time to ...

THE WASHINGTON SAVINGS BANK, F.S.B. ANNOUNCES CASH DIVIDEND

Aug 16, 1995 ... F.S.B. (AMEX: WSB), today announced its regular semi-annual cash dividend of four cents per share. The dividend will be paid on September 14, 1995, to stockholders of record as of August 31, 1995.WSB is a federally chartered, federally insured savings bank, with principal ...

INTERLINQ SOFTWARE CORPORATION ANNOUNCES FISCAL 1995 RESULTS

Aug 16, 1995 ... Corporation (Nasdaq: INLQ) today reported a net loss of $1,128,000, or 19 cents per share, for the fiscal year ended June 30, 1995, compared with net income of $2,880,000, or 45 cents per share, for the same period last year. Net revenue for the year totaled $10,993,000, a decline of 41 ...

IGT INTRODUCES FIRST WIDE-AREA PROGRESSIVE KENO GAME

Aug 16, 1995 ... with the introduction of IGT's Keno Deluxe, a wide-area progressive video game with a top jackpot that starts at $200,000.Keno Deluxe is a 25-cent, 4-coin game that adds a bonus to traditional video keno. In addition to the standard pays, Keno Deluxe offers players the opportunity ...

HORSE SENSE FORMULA HAS PEOPLE STAMPEDING FOR MORE

Aug 16, 1995 ... BETHLEHEM, Pa., Aug. 16 /PRNewswire/ -- How does the president of a small company that makes horse shampoo get nominated for a national Entrepreneur of the Year award? For Roger Dunavant the answer was simple -- he started selling that horse shampoo to people. And he's selling a lot of it ....

UNION SWITCH LOW BIDDER ON CONTRACT WITH WMATA VALUED AT $3.9 MILLION

Aug 16, 1995 ... COLUMBIA, S.C., Aug. 16 /PRNewswire/ -- Union Switch & Signal (Nasdaq: UNSW) is the apparent low bidder on a contract valued at $3.9 million for a signaling and interlocking control system for the Washington Metropolitan Area Transit Authority (WMATA). Award of the contract is pending. ...

CENTRAL TRACTOR FARM & COUNTRY REPORTS RECORD THIRD QUARTER RESULTS

Aug 16, 1995 ... DES MOINES, Iowa, Aug. 16 /PRNewswire/ -- Central Tractor Farm & Country, Inc. (Nasdaq: CTFC), an agriculture specialty retailer, today reported record operating income and net earnings increases of 19% and 64%, respectively, over the comparable period last year despite adverse weather ...

SIMON PROPERTY GROUP AND THE MILLS CORPORATION ANNOUNCE ALLIANCE

Aug 16, 1995 ... INDIANAPOLIS, Aug. 16 /PRNewswire/ -- The Mills Corporation (NYSE: MLS) and Simon Property Group, Inc. (NYSE: SPG) announced today that they have executed a letter of intent to form an alliance to develop, through joint ventures, super-regional value-oriented megamalls known as "Mills" ...

FINGERPRINTS PROVE IT: BOSCH GUILTY OF QUALITY

Aug 16, 1995 ... CHARLESTON, S.C., Aug. 16 /PRNewswire/ -- Ford Motor Company's (NYSE: F) "We Had A Hand In It" Supplier Appreciation tour stopped at Bosch's Charleston, S.C., plant today to give employees a sneak preview of the completely re-designed 1996 Mercury Sable and Ford Taurus before the vehicles ...

FORD TO INVEST $135 MILLION IN RAWSONVILLE PLANT

Aug 16, 1995 ... YPSILANTI, Mich., Aug. 16 /PRNewswire/ -- Ford Motor Company (NYSE: F) will invest more than $135 million to retool the Rawsonville Plant here to produce a new generation of fuel pumps, fuel injectors, and alternators -- as well as other fuel and air handling components. The plant's ...

ROYAL CARIBBEAN INCREASES ITS DIVIDEND LEVEL

Aug 16, 1995 ... MIAMI, Aug. 16 /PRNewswire/ -- The Board of Directors of Royal Caribbean Cruises Ltd. (NYSE: RCL) has declared a quarterly dividend of thirteen cents per share for shareholders of record at the close of business on September 1, 1995 payable on September 29, 1995. This dividend level ...

ROYAL CARIBBEAN'S NEW SPLENDOUR OF THE SEAS TO DEBUT IN EUROPE IN 1996

Aug 16, 1995 ... Extra sailings added due to delivery two weeks earlier than scheduledMIAMI, Aug. 16 /PRNewswire/ -- Royal Caribbean Cruise Line announced today that its new 1,804-passenger Splendour of the Seas, the second in a series of six new "Vision-class" ships, will begin its inaugural year ...

JENNY CRAIG REPORTS NET INCOME OF $11.7 MILLION FOR 1995;

Aug 16, 1995 ...Revenues Increase For Last Six Months Of Fiscal Year Despite 35 Fewer <Pre> Centres In Operation </Pre> DEL MAR, Calif., Aug. 16 /PRNewswire/ -- Jenny Craig, Inc. (NYSE: JC) today reported a substantial improvement in operating results for the quarter ...

SAIC COMPLETES RISK ASSESSMENT OF THE SPACE SHUTTLE

Aug 16, 1995 ... NEW YORK, Aug. 16 /PRNewswire/ -- NASA's billion-dollar investment in an improved space shuttle rocket design, increased testing, and the string of successful missions has reduced the estimated risk of shuttle launch failure by more than two-thirds, according to a recent probabilistic risk ...

SIMON & SCHUSTER IS REQUIRED TO POST A HALF MILLION DOLLAR BOND TO SECURE DAMAGES TO DOVE AUDIO

Aug 16, 1995 ... Dove Audio Responds to a Misleading Press Release Sent by Simon & <Pre>Schuster on Aug. 15, 1995 </Pre> LOS ANGELES, Aug. 16 /PRNewswire/ -- Simon & Schuster brought action in the U.S. District Court in New York to try to enjoin Dove Audio from using the ...

CREATIVE ANNOUNCES NEW HIGH END 3D GAMING INITIATIVE FOR BLASTERWARE LINE

Aug 16, 1995 ... <Pre> Software Products to Support Creative's Newest Audio and Graphics Technology </Pre> SINGAPORE, Aug. 16 /PRNewswire/ -- Creative Technology Ltd. (Nasdaq: CREAF) today announced a new initiative for its BlasterWare software product line, enabling ...

CREATIVE INTRODUCES THE WORLD'S FIRST 3D GAME CARD FOR HOME PCs; TURNS THE PC INTO THE ULTIMATE GAME MACHINE

Aug 16, 1995 ... World's Leading Multimedia Supplier Sets New Home PC Gaming Standard ByProviding True 3D Graphics For Educational Software and PC GamesSINGAPORE, Aug. 16 /PRNewswire/ -- Creative Technology Ltd. (Nasdaq: CREAF), the leading provider of multimedia consumer products for ...

SHOWSCAN ENTERTAINMENT ANNOUNCES $7 MILLION PRIVATE PLACEMENT

Aug 16, 1995 ... LOS ANGELES, Aug. 16 /PRNewswire/ -- Showscan Entertainment Inc. (Nasdaq: SHOW) today announced the consummation of a $7 million private placement of secured debt securities to European financial institutions.The transaction will be funded on September 1, 1995 after the ...

NORMANDY AMERICA INC. WITHDRAWS INITIAL PUBLIC OFFERING CITES ADVERSE CONDITIONS IN THE PUBLIC MARKET

Aug 16, 1995 ... OMAHA, Neb., Aug. 16 /PRNewswire/ -- Normandy America Inc. announced today that the Company's initial public offering has been withdrawn due to adverse conditions in the public market. The Company believes that the decision is in its best interests. The Company is currently evaluating its ...

CARACO SIGNS CONTRACT WITH MAJOR PHARMACEUTICAL COMPANY TO MANUFACTURE A NEW ANTI-INFLAMMATORY DRUG

Aug 16, 1995 ... DETROIT, Aug. 16 /PRNewswire/ -- Caraco Pharmaceutical Laboratories, Ltd. (Nasdaq: CARA) today announced that it has signed a contract with an undisclosed major pharmaceutical company to manufacture a new Non-Steroidal Anti-Inflammatory Drug (NSAID) for treating pain in animals. This ...

LUMEX, INC. NAMES JOHN C. SPRATT CHAIRMAN; J. RAYMOND ELLIOTT PRESIDENT AND CEO

Aug 16, 1995 ... <Pre> John R. Cowin to New Post of Chief Operating Officer </Pre> BAYSHORE, N.Y., Aug. 16 /PRNewswire/ -- Lumex, Inc. (AMEX: LUM) announced today that J. Raymond Elliott has been named President and Chief Executive Officer. Mr. Elliott succeeds James E. George, 66, who ...

ALPHA PRO TECH REPORTS PROFITABLE SECOND QUARTER & SIX MONTHS

Aug 16, 1995 ... SALT LAKE CITY, Aug. 16 /PRNewswire/ -- Alpha Pro Tech, Ltd. (Nasdaq-OTC: APTD) today announced profits for its second quarter on lower sales for the three months ended June 30, 1995. Year-to-date the company posted a profit of $15,000, which represented a $722,000 positive swing from ...

PETERSBURG LONG DISTANCE SUSTAINS REVENUE GROWTH IN 2ND QUARTER

Aug 16, 1995 ... <Pre> Company Turns Cash Flow Positive In First Half 1995 </Pre> TORONTO, Aug. 16 /PRNewswire/ -- Petersburg Long Distance Inc. (Nasdaq: PLDIF; TSE: PLD) announced today that it has once again achieved record revenues for both the quarter and the first half of fiscal 1995 and ...

C-COR ANNOUNCES FY 1995 RESULTS, RECORD REVENUES POSTED, EARNINGS NEARLY DOUBLE FROM PREVIOUS YEAR

Aug 16, 1995 ... STATE COLLEGE, Pa., Aug. 16 /PRNewswire/ -- C-COR Electronics, Inc. (Nasdaq-NNM: CCBL) announced its financial results for the fiscal year ended June 30, 1995, and for the fourth quarter of fiscal year 1995. For the year, C-COR reported net income of $8,315,000 on sales of $137,441,000. ...

WESTINGHOUSE AIR BRAKE COMPANY ANNOUNCES SIGNIFICANT ORDER

Aug 16, 1995 ... WILMERDING, Pa., Aug. 16 /PRNewswire/ -- Westinghouse Air Brake Company (NYSE: WAB) announced procurement of significant orders by its Westcode affiliate and the Company's Transit division.Westcode secured a $25 million order from the San Francisco Bay Area Rapid Transport ...

REYNOLDS MAKES CASH OFFER FOR ABIGAIL ADAMS NATIONAL BANCORP, INC.

Aug 16, 1995 ... WASHINGTON, Aug. 16 /PRNewswire/ -- Marshall T. Reynolds has announced that he commenced today a cash tender offer at a purchase price of $21 net per share for any and all outstanding shares of common stock of Abigail Adams National Bancorp, Inc., including the associated common share ...

MACERICH ACQUIRES MAJOR MARYLAND SHOPPING CENTER

Aug 16, 1995 ... SANTA MONICA. Calif., Aug. 16 /PRNewswire/ -- Macerich Salisbury Limited Partnerhip, a subsidiary of The Macerich Company (NYSE: MAC) has acquired the Centre at Salisbury, a super regional mall located in Salisbury, Maryland.The Centre at Salisbury has 884,884 square feet of gross ...

SUPERCONDUCTOR COMPANIES FORM ALLIANCE ON MANUFACTURING TECHNOLOGY

Aug 16, 1995 ... <Pre>$5.6M ARPA Funding to Support Development Effort </Pre> SUNNYVALE, Calif., Aug. 16 /PRNewswire/ -- Conductus (Nasdaq: CDTS) and Superconductor Technologies Inc. (STI) (Nasdaq: SCON) -- the two leading companies in high-temperature superconductive electronics -- announced ...

PRO CD ANNOUNCES A PHONEBOOK REVOLUTION; INNOVATIVE CD-ROM PUBLISHER OFFERS MORE FOR LESS WITH NEW 1996 SELECT PHONE

Aug 16, 1995 ... DANVERS, Mass., Aug. 16 /PRNewswire/ -- Pro CD, Inc., the leading publisher of electronic directory information, today unveiled the 1996 version of Select Phone, regarded as the best selling national phonebook on CD-ROM. The new release includes more than 95 million listings for under $100 ...

HUMANA COMMENCES TENDER OFFER FOR EMPHESYS

Aug 16, 1995 ... LOUISVILLE, Ky., Aug. 16 /PRNewswire/ -- Humana Inc. (NYSE: HUM) announced that today it commenced the previously announced tender offer of $37.50 per share for all the outstanding shares of EMPHESYS Financial Group, Inc. (NYSE: EFG). The offer is scheduled to expire on Friday, September ...

FIFTH THIRD TO BUY SEVEN BANK ONE, CINCINNATI OFFICES

Aug 16, 1995 ... CINCINNATI, Aug. 16 /PRNewswire/ -- Fifth Third Bank announced today that it has signed a definitive agreement to purchase seven Greater Cincinnati Bank One offices with deposits over $135 million. Fifth Third continues to expand its market share by acquiring four offices in Hamilton County ...

PATRICK INDUSTRIES, INC. ANNOUNCES SECOND QUARTERLY DIVIDEND FOR 1995

Aug 16, 1995 ... ELKHART, Ind., Aug. 16 /PRNewswire/ -- Mervin D. Lung, Chairman of the Board and Chief Executive Officer of Patrick Industries, Inc. (Nasdaq-NNM: PATK), announced that at a recent meeting the Board of Directors authorized a $.04 per common share quarterly cash dividend.The dividend ...

NORDSON DIRECTORS DECLARE FOURTH QUARTER 1995 DIVIDEND

Aug 16, 1995 ... WESTLAKE, Ohio, Aug. 16 /PRNewswire/ -- Nordson Corporation (Nasdaq: NDSN) announced today that its board of directors has declared a fourth quarter 1995 cash dividend in the amount of $0.16 per common share, payable on September 26, 1995 to shareholders of record on September 5, 1995. ...

TREDEGAR TO EXPLORE SALE OF MATERIALS HANDLING SUBSIDIARY

Aug 16, 1995 ... RICHMOND, Va., Aug. 16 /PRNewswire/ -- Tredegar Industries (NYSE: TG) announced today that it will explore the sale of its materials handling subsidiary, Brudi Inc. Tredegar has hired Schroder Wertheim & Co. to help manage the potential divestiture.Headquartered in Ridgefield, ...

GEICO CORPORATION ANNOUNCES DIVIDEND

Aug 16, 1995 ... WASHINGTON, Aug. 16 /PRNewswire/ -- GEICO Corporation today declared a quarterly cash dividend of $.27 per share on its $1 par value Common Stock payable September 29, 1995 to shareholders of record on September 1, 1995.GEICO Corporation is the parent company of Government ...

BORDERS GROUP REPORTS Q2, ANNOUNCES NEW BOARD OF DIRECTORS, AND COMPLETES SHARE PURCHASE

Aug 16, 1995 ... ANN ARBOR, Mich., Aug. 16 /PRNewswire/ -- Borders Group, Inc. (NYSE: BGP) today reported operating results for the second quarter ended July 23, 1995, announced the appointment of a new Board of Directors, and completed the purchase of 5.39 million BGP shares held by Kmart (NYSE: KM) -- a ...

GM SUPPORTS PROPOSED LEGISLATION AIMED AT PUTTING COUNTERFEITERS OUT OF BUSINESS

Aug 16, 1995 ... TROY, Mich., Aug. 16 /PRNewswire/ -- Counterfeiters beware, the Anticounterfeiting Consumer Protection Act of 1995 is out to put you out of business."Protecting consumers from the dangers of counterfeit automotive parts is of great importance to General Motors," says Leonard J. ...

FIRST OF AMERICA BANK CORP. INCREASES DIVIDEND TO $0.44 A SHARE

Aug 16, 1995 ... KALAMAZOO, Mich., Aug. 16 /PRNewswire/ -- The Board of Directors of First of America Bank Corporation (NYSE: FOA) today declared a quarterly dividend of $0.44 per common share, a 4.8 percent increase from the $0.42 paid in July. First of America has increased its common dividend per share ...

CMS ENERGY ANNOUNCES ROLE IN LILCO BID

Aug 16, 1995 ... DEARBORN, Mich., Aug. 16 /PRNewswire/ -- CMS Energy Corporation (NYSE: CMS) acknowledged today that it is the "unnamed" energy company associated with the management role in the proposed takeover of the Long Island Lighting Company (LILCO) by the Long Island Power Authority (LIPA). ...

CHECKERS NAMES ACTING CHIEF FINANCIAL OFFICER

Aug 16, 1995 ... CLEARWATER, Fla., Aug. 16 /PRNewswire/ -- Checkers Drive-In Restaurants, Inc. (Nasdaq: CHKR) today announced the appointment of Robert R. Castaneda to the position of acting chief financial officer. Castaneda replaces N. John Simmons, Jr., who has accepted a position as Vice President and ...

OFFICE DEPOT PRICES COMMON STOCK OFFERING

Aug 16, 1995 ... DELRAY BEACH, Fla., Aug. 16 /PRNewswire/ -- Office Depot, Inc. (NYSE: ODP), the largest office products superstore chain in North America, today announced that its public offering of 15,500,000 shares of common stock was priced at $29.25 each through underwriters led by Merrill Lynch & Co. ...

LEASING EDGE CORPORATION REPORTS SECOND QUARTER & SIX MONTHS RESULTS

Aug 16, 1995 ... LAS VEGAS, Aug. 16 /PRNewswire/ -- Leasing Edge Corporation (OTC BULLETIN BOARD: LECE) announced today that the Company earned $95,209 or 1 cent per share on a primary basis (3 cents per share on a fully diluted basis), on revenues of $4,435,601 for its second quarter ended June 30, 1995 ...

ANDYNE AND UNISYS ANNOUNCE DATA WAREHOUSE SOLUTIONS ALLIANCE; ANDYNE PROVIDES DSS TOOLS FOR OPEN PARALLEL UNISYS SERVER (OPUS)

Aug 16, 1995 ... KINGSTON, Ontario, Aug. 16 /PRNewswire/ -- Andyne Computing Limited (Nasdaq: ADYNF; TSE: ADY) today announced an agreement with Unisys Corporation (NYSE: UIS) in which Unisys will offer Andyne GQL and Andyne and P(a)BLO(R) within the Unisys Colleagues Program. Under the program, Unisys will ...

MAYFLOWER CO-OPERATIVE ANNOUNCES FIRST QUARTER EARNINGS AND INCREASE IN DIVIDEND

Aug 16, 1995 ... MIDDLEBORO, Mass., Aug. 16 /PRNewswire/ -- The Mayflower Co-operative Bank announced net earnings of $213,000 or $0.24 per share for the first quarter ended July 31, 1995, compared to net earnings of $67,000 or $0.08 per share for the same quarter last year. Net interest income increased to ...

ANALOG DEVICES' THIRD QUARTER EPS RISE 60% ON 25% SALES INCREASE

Aug 16, 1995 ... NORWOOD, Mass., Aug. 16 /PRNewswire/ -- Analog Devices, Inc. (NYSE: ADI) today announced sales of $246.3 million for the third fiscal quarter ended July 29, 1995, up 25% from the third quarter a year ago and up 7% from the second quarter's $230.0 million. Net income was $31.8 million, or ...

ACX TECHNOLOGIES ANNOUNCES A 2-FOR-1 STOCK SPLIT

Aug 16, 1995 ... GOLDEN, Colo., Aug. 16 /PRNewswire/ -- The ACX Technologies, Inc. (Nasdaq-NNM: ACXT) Board of Directors has declared a two-for-one stock split to be effected in the form of a stock dividend of one share of common stock for each share of the company's common stock outstanding. Stockholders of ...

LUIS E. LAMELA STEPS DOWN AS MEMBER OF THE BOARD OF DIRECTORS OF ARBOR HEALTH CARE COMPANY

Aug 16, 1995 ... LIMA, Ohio, Aug. 16 /PRNewswire/ -- Arbor Health Care Company (Nasdaq: AHCC) today announced that Luis E. Lamela has resigned from his position as a Director of Arbor Health Care Company in order to devote more time to his own company. Mr. Lamela, who served as a Director of the Company ...