PR Newswire back issues from Thursday, September 26:
Denim Slowdown Impacts Burlington's Earnings
Sep 26, 1996 ... GREENSBORO, N.C., Sept. 26 /PRNewswire/ -- Burlington Industries, Inc. (NYSE: BUR) said today that it estimates earnings for the fourth quarter of fiscal 1996 (ending September 28, 1996) will be slightly below the $0.21 per share reported for the fourth quarter of fiscal 1995. The company ...
Leasing Edge Corporation Signs Letter of Intent To Acquire Superior Computer Systems, Inc.
Sep 26, 1996 ... LAS VEGAS, Sept. 26 /PRNewswire/ -- Leasing Edge Corporation (Nasdaq SmallCap: LECE) today announced it has entered into a Letter of Intent to acquire Superior Computer Systems, a Minneapolis based company specializing in the distribution of IBM manufactured peripheral equipment as well as ...
DCC Compact Classics, Inc. Announces Results For Second Quarter & Six Months
Sep 26, 1996 ... CHATSWORTH, Calif., Sept. 26 /PRNewswire/ -- DCC Compact Classics, Inc. (OTC Bulletin Board: DCCC) announced today results of operations for the second quarter and six months ended June, 30, 1996.Sales for the second quarter ended June 30, 1996 were $1.22 million, as compared to ...
EMS Announces Strategic Alliance with Scheduling Firm, Pritsker Corp.
Sep 26, 1996 ... MILWAUKEE, Sept. 26 /PRNewswire/ -- Effective Management Systems Inc. (EMS) (Nasdaq: EMSI EMSIW), the first provider of pre-integrated manufacturing software, announced that it has formed a strategic alliance and technology-sharing agreement with Pritsker Corp., an Indianapolis-based, ...
Alexion Initiates Second C5 Inhibitor Clinical Trial In Heart Surgery Patients
Sep 26, 1996 ... NEW HAVEN, Conn., Sept. 26 /PRNewswire/ --- Alexion Pharmaceuticals, Inc. (Nasdaq: ALXN) today announced that it has received authorization from the US Food and Drug Administration ("FDA") to begin its second clinical trial of its lead drug candidate, the C5 Inhibitor 5G1.1-SC. The ...
Arzan International (1991) Announces Second Quarter Earnings
Sep 26, 1996 ... LOD, Israel, Sept. 26 /PRNewswire/ -- Arzan International (1991) (Nasdaq: ARZNF, ARZWF) yesterday announced results of operations for the three months ended June 30, 1996. While sales for this period were down 24% to $2,742,295 from first quarter sales of $3,649,013, sales for the six-month ...
Xentel Receives $4 Million Equity Investment
Sep 26, 1996 ... CALGARY, Sept. 25 /PRNewswire/ -- Xentel Interactive Inc. (AMEX: XII) has received $4,039,000 raised through the sale of special warrants. The special warrants were converted and the monies released to Xentel today, one week after the Company received final receipts for its Prospectus from ...
Chevrolet/Geo Environmental Continues Countdown Celebration Towards its One Millionth Tree with Tampa Planting at Ice Palace on September 28
Sep 26, 1996 ... <Pre> 999,454 and Counting! </Pre> TAMPA, Fla., Sept. 26 /PRNewswire/ -- At 8:00 am, The Mayor's Beautification Program in conjunction with the Lightning and Chevrolet Geo/Environmental are going to plant the public areas around the Ice Palace on Channelside ...
Syncronys Launches MacAccess2; 'Now Your PC Speaks Mac'
Sep 26, 1996 ... MacAccess2 Features Instant Mac Compatibility For Removable Media And An <Pre> Extensive List Of File Types </Pre> CULVER CITY, Calif. Sept. 26 /PRNewswire/ -- Syncronys Softcorp (OTC: SYCR) today announced it has launched MacAccess2, a PC utility ...
Acres Gaming Announces Three Orders For Innovative Gaming Products
Sep 26, 1996 ... <Pre> Crown Limited to use Acres Displays; Hurricane Zone(TM) to be Featured in Two Additional Casinos </Pre> LAS VEGAS, Sept. 26 /PRNewswire/ -- Acres Gaming (Nasdaq: AGAM) today announced the receipt of an order from Crown Limited, Australia worth US$1.2 ...
Pritsker Corporation Announces Strategic Alliance With Effective Management Systems, Inc.
Sep 26, 1996 ... INDIANAPOLIS, Sept. 26 /PRNewswire/ -- Pritsker Corporation, with offices in Indianapolis, IN and West Lafayette, IN, today announced the formation of a strategic alliance with Milwaukee-based Effective Management Systems, Inc. (Nasdaq: EMSI), the first provider of pre-integrated ...
OraVax Updates Investors at Cowen & Company's 11th Annual Biotechnology Conference
Sep 26, 1996 ...Phase 2 safety and immunogenicity study of H. pylori oral vaccine complete; <Pre> data to be presented at October H. pylori conference </Pre> CAMBRIDGE, Mass., Sept. 26 /PRNewswire/ -- Speaking today at Cowen & Company's 11th Annual Biotechnology Conference in San ...
Renal Dialysis Joint Venture Announced by American Biogenetic Sciences, Inc. and Gull Laboratories, Inc.
Sep 26, 1996 ...New test will address high incidence of blood clotting in dialysis patientsCOPIAGUE, N.Y., and SALT LAKE CITY, Sept. 26 /PRNewswire/ -- American Biogenetic Sciences, Inc. (ABS)(Nasdaq: MABXA) and Gull Laboratories, Inc. (GULL)(AMEX: GUL) today announced the signing of a Joint ...
Comerica Sells Bond Indenture Services Business To First Bank System
Sep 26, 1996 ... DETROIT, Sept. 26 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) announced today that it has entered into an agreement to sell its bond indenture services business to First Bank System, Inc. (NYSE: FBS) of Minneapolis.The transaction involves the transfer of approximately 2,400 ...
Owens Corning Secures Major GRP Pipeline Contract in Zimbabwe
Sep 26, 1996 ... TOLEDO, Ohio, Sept. 26 /PRNewswire/ -- Owens Corning (NYSE: OWC) pipe business segment has been chosen to supply glass-reinforced pipe for the Pungwe to Mutare Water Supply project in Zimbabwe.Owens Corning A/S, based in Norway and part of Owens Corning's Engineered Pipe Systems ...
Key Introduces First Cellular Phone That Lets Customers Bank Anywhere, Anytime and Provides Triggers for When it's Time to Sell That Stock
Sep 26, 1996 ... CLEVELAND, Sept. 26 /PRNewswire/ -- KeyCorp (NYSE: KEY) is launching financial services into the wireless age by introducing a cellular phone which lets customers do banking and investing anytime and anywhere they wish. These new wireless services can be programmed not only to signal when ...
Tranzonic Reports Record Second Quarter and Fiscal First Half Sales and Earnings From Continuing Operations
Sep 26, 1996 ... CLEVELAND, Sept. 26 /PRNewswire/ -- The Tranzonic Companies (AMEX: TNZ), Cleveland-based manufacturer/distributor of natural and synthetic fiber and paper-based products primarily to industrial and institutional customers, today reported record earnings and sales from continuing operations ...
First Industrial Acquires Properties in Suburban Detroit, Indianapolis and Dayton
Sep 26, 1996 ... CHICAGO, Sept. 26 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR) deepened its presence in three markets with three acquisition investments totaling $5.0 million and comprising 196,860 square feet.Suburban Detroit, MIIn Plymouth, MI, First Industrial ...
Newcor Announces Quarterly Dividend
Sep 26, 1996 ... BLOOMFIELD HILLS, Mich., Sept. 26 /PRNewswire/ -- The Newcor, Inc. (Nasdaq: NEWC) board of directors at its September 25, 1996 meeting approved a quarterly cash dividend of $.05 per share payable November 7, 1996, to shareholders of record October 17, 1996.Newcor, headquartered in ...
Data Broadcasting Agrees to Acquire Federal News Service
Sep 26, 1996 ... JACKSON, Wyo., Sept. 26 /PRNewswire/ --Data Broadcasting Corporation (Nasdaq: DBCC) announced today that it has agreed to acquire substantially all of the assets of Federal News Service Group, Inc. (FNS), a prominent international news and corporate information provider with headquarters in ...
First Bank System to Acquire the Bond Indenture Services Business of Comerica
Sep 26, 1996 ... MINNEAPOLIS, Sept. 26 /PRNewswire/ -- First Bank System, Inc. (NYSE: FBS) announced today that it would acquire the bond indenture services and paying agency business of Detroit-based Comerica Incorporated (NYSE: CMA). The acquired business, which will become part of FBS' corporate trust ...
Seitel Achieves Record Third-Quarter Revenue
Sep 26, 1996 ... HOUSTON, Sept. 26 /PRNewswire/ -- Seitel, Inc. (NYSE: SEI), a seismic- technology company, said today that it has achieved record revenue in this third quarter that is significantly above the $17.9 million of a year ago, with additional sales expected to be recorded before the period's Sept ....
Dell Begins Volume Shipments of Dell Dimension P200v
Sep 26, 1996 ... AUSTIN, Texas, Sept. 26 /PRNewswire/ -- Dell Computer Corporation (Nasdaq: DELL), the world's largest direct marketer of computer systems, today announced it has begun volume shipments of the Dell Dimension(TM) P200v, a system designed for cost-conscious small and medium-sized business and ...
OCC Issues Fleet Bank N.A. a CRA Rating of 'Outstanding'
Sep 26, 1996 ... JERSEY CITY, N.J., Sept. 26 /PRNewswire/ -- The Office of the Comptroller of the Currency (OCC) has issued Fleet Bank, N.A., the Jersey City-based operating subsidiary of the Fleet Financial Group (NYSE: FLT) a Community Reinvestment Act (CRA) rating of "outstanding."In an ...
Revco Pleased With Expiration Of Hart-Scott-Rodino Waiting Period
Sep 26, 1996 ... TWINSBURG, Ohio, Sept. 26 /PRNewswire/ -- Revco D.S., Inc. (NYSE: RXR) today announced, with respect to its $15 per share cash tender offer for all of the outstanding shares of Big B, Inc. (Nasdaq: BIGB), that the Hart-Scott- Rodino waiting period has expired. This waiting period refers to ...
Myriad Ultrasound Systems, Ltd. Raises $4 Million in Private Placement Offering
Sep 26, 1996 ... REHOVOT, Israel, Sept. 26 /PRNewswire/ -- Myriad Ultrasound Systems, Ltd. announced today the completion of a private placement offering in the United States. The placement agent for the offering was Sunrise Securities, based in New York. The Company raised a total of $4 million. ...
NationsBanc Financial Products Inc. Rated 'AAA' By Fitch -- Fitch Financial Wire --
Sep 26, 1996 ... New York, Sept. 26 /PRNewswire/ -- NationsBanc Financial Products Inc. (NFP), a bankruptcy-remote derivative product company, is rated 'AAA' by Fitch Investors Service. The rating reflects the company's strong capital base, high expected counterparty credit quality, conservative investment ...
Johnson Controls Seizes Asia/Pacific Opportunities with New Operations in China, India and Australia
Sep 26, 1996 ... New China joint venture formed today is latest company initiative in emerging marketsPLYMOUTH, Mich., Sept. 26 /PRNewswire/ -- "Opportunity is knocking" in the emerging Asia/Pacific region automotive markets -- and seating and interior systems supplier Johnson Controls is ...
Johnson Controls Enters Chinese Automotive Market, Forms Joint Venture to Supply Interior Systems
Sep 26, 1996 ... Company to operate new manufacturing facility in Beijing to produce seats, components for Chrysler, Isuzu and PeugeotPLYMOUTH, Mich., Sept. 26 /PRNewswire/ -- Johnson Controls and Beijing Automotive Industry Corporation (BAIC) today formed a new joint venture -- called Beijing ...
Johnson Controls Launches Operations in India to Supply Seats and Components to Major Automaker
Sep 26, 1996 ... Company forms joint venture with Tata Auto Comp Systems, opens new 'just-in-time' manufacturing plant in PunePLYMOUTH, Mich., Sept. 26 /PRNewswire/ -- Johnson Controls is manufacturing vehicle seat systems and related components for Ford cars built in India through its new joint ...
Marriott International Reports 26% Increase in Third Quarter Net Income
Sep 26, 1996 ... WASHINGTON, Sept. 26 /PRNewswire/ -- Marriott International, Inc. (NYSE: MAR) today reported net income of $58 million for its 1996 third quarter ended Sept. 6, up 26 percent from $46 million in the corresponding 1995 quarter.Earnings per share were 43 cents for the 1996 third ...
Multi-Media Tutorial Signs Exclusive Marketing Agreement To Enhance Its Reading Made Easy(TM) Line
Sep 26, 1996 ... NEW YORK, Sept. 26 /PRNewswire/ -- Multi-Media Tutorial Services, Inc. (Nasdaq: MMTS), a leader in home educational media libraries, announced today it has signed an exclusive national television and radio marketing agreement for the You Can Read!(TM) line of videocassettes and workbooks ...
Luther Medical Announces Fiscal Year End Results
Sep 26, 1996 ... Continued Revenue Growth, Margin Improvement and Expense ControlTUSTIN, Calif., Sept. 26 /PRNewswire/ -- Luther Medical Products, Inc. (Nasdaq: LUTH), announced today its financial results for the fiscal year and fourth quarter ending June 30, 1996. For the fiscal year ended June ...
Tell-All Author's Case Dismissed -- Court Found in Favor of Dove and Viner
Sep 26, 1996 ... LOS ANGELES, Sept. 26 /PRNewswire/ -- Dove Audio, Inc. (Nasdaq: DOVE) and Michael Viner successfully defeated plaintiff Melinda Hammon's complaint of sexual harassment. The lawsuit was dismissed in its entirety, and a judgment of dismissal was entered, on September 19, 1996, in favor of ...
Simula Completes $14.5 Million Private Placement
Sep 26, 1996 ... PHOENIX, Ariz., Sept. 26 /PRNewswire/ -- Simula Inc. (NYSE: SMU) today announced that it has completed a private placement of approximately $14.5 million of senior subordinated convertible notes. The notes are general unsecured obligations of Simula which have a three year maturity and are ...
Cognos Announces Plans to Adopt U.S. Dollar and GAAP Reporting
Sep 26, 1996 ... OTTAWA, Sept. 26 /PRNewswire/ -- Cognos Incorporated (Toronto: CSN; Nasdaq: COGNF) today announced its intention to commence reporting its financial results in U.S. dollars and in accordance with U.S. generally accepted accounting principles (U.S. GAAP). This change is expected to take ...
Cognos Reports Record Second Quarter Results
Sep 26, 1996 ... <Pre> Earnings More Than Double on 30 Percent Revenue Growth </Pre> OTTAWA, Sept. 26 /PRNewswire/ -- Cognos Incorporated (TSE: CSN; Nasdaq: COGNF) today announced results for its second fiscal quarter ended August 31, 1996. Revenue for the quarter was $63.1 million, a 30 ...
Network World and Networking/Internet Markets Top Intelliquest v3.0 Media/Business Influencer Study
Sep 26, 1996 ... Leading Newsweekly Boasts Networking Readership with Highest Average Total <Pre> Expenditures </Pre> FRAMINGHAM, Mass., Sept. 26 /PRNewswire/ -- Network World, the leading newsweekly of enterprise network computing, today announced its ...
MEHL/Biophile and Applied Genetics Sign Strategic Alliance
Sep 26, 1996 ... <Pre> Will Develop Liposome-Based Products for Use With MEHL Laser </Pre> GAINESVILLE, Fla., Sept. 26 /PRNewswire/ -- MEHL/Biophile International Corporation (Nasdaq: MEHL) announced today that is has formed a strategic alliance with Applied Genetics, Inc. of Freeport, New York, ...
Oreo Mudslide Pie Voted 'Ultimate' Oreo Recipe Michael Martins Creates Signature Oreo 85th Birthday Dessert
Sep 26, 1996 ... PARSIPPANY, N.J., Sept. 26 /PRNewswire/ -- The Nabisco Food Service Company announced that Michael Martins' Oreo Mudslide Pie won the title of "Ultimate" Oreo Recipe awards ceremony held today in New York's FAO Schwarz toy store.Martins culinary creation will now become Nabisco ...
North West Water and Bechtel Enterprises Form Joint Venture to Develop Water Projects and Related Facilities on an International Basis
Sep 26, 1996 ... WASHINGTON, Sept. 26 /PRNewswire/ -- North West Water (NWW) and Bechtel Enterprises, Inc. announced today the formation of a new international water company whose main focus is to develop, finance, build, own, and operate water and wastewater treatment facilities outside North America and ...
Emmis Broadcasting Reports Eleventh Consecutive Quarter of Increased Broadcast Cash Flow
Sep 26, 1996 ... INDIANAPOLIS, Sept. 26 /PRNewswire/ -- Emmis Broadcasting Corporation (Nasdaq: EMMS) today announced results for second fiscal quarter ended August 31, 1996. The results mark the eleventh consecutive quarter of increased broadcast cash flow for the Company. Broadcast cash flow increased to ...
Advanced Lighting Technologies, Inc. Continues Strong Growth: Record Sales and Earnings For Fourth Quarter and Fiscal Year
Sep 26, 1996 ... CLEVELAND, Sept. 26 /PRNewswire/ -- Advanced Lighting Technologies, Inc. (Nasdaq-NNM: ADLT) today announced results for the fourth quarter and fiscal year ended June 30, 1996.Sales for the fourth quarter ended June 30, 1996 increased 61% to $17,340,753, a record for quarterly ...
Walbro Corporation Revises Third Quarter Earnings Estimates
Sep 26, 1996 ... CASS CITY, Mich., Sept. 26 /PRNewswire/ -- Walbro Corporation (Nasdaq: WALB) announced today that third quarter 1996 earnings are likely to be lower than earlier analysts' consensus estimates."Third quarter earnings are expected to be $.27 per share," according to L. E. Althaver, ...
USAir Awards Maintenance Contracts to GE Engine Services
Sep 26, 1996 ... EVANDALE, Ohio, Sept. 26 /PRNewswire/ -- USAir, based in Arlington, Virginia, has awarded to GE Engine Services Inc. two Maintenance Cost Per Hour(SM) (MCPH)(SM) contracts covering maintenance, repair, and overhaul of more than 300 engines operated by the airline.Under terms of the ...
Salton/Maxim Housewares Announces Strong Financial Results for Fiscal 1996
Sep 26, 1996 ... MOUNT PROSPECT, Ill., Sept. 26 /PRNewswire/ -- Salton/Maxim Housewares, Inc. (Nasdaq-NMM: SALT), a diversified household and personal care appliances company, today announced results for its fiscal year ended June 29, 1996.The Company reported a 29% increase in net sales to $99.2 ...
Ross Technology Anticipates Lower Second Quarter Revenue
Sep 26, 1996 ... AUSTIN, Texas, Sept. 26 /PRNewswire/ -- ROSS Technology, Inc. (Nasdaq: RTEC) today announced that it expects second quarter results from operations to be below outside analysts' expectations. The Company anticipates that net revenue for the quarter, which ends September 30, 1996, will be ...
Watson Pharmaceuticals to Acquire Oclassen Pharmaceuticals; Acquisition to Extend Watson's Reach to $2 Billion Rx Dermatological Market
Sep 26, 1996 ... CORONA, Calif., Sept. 26 /PRNewswire/ -- Watson Pharmaceuticals, Inc. (Nasdaq: WATS) and Oclassen Pharmaceuticals, Inc. ("Oclassen"), jointly announced that their respective boards of directors unanimously approved and both companies have signed a definitive agreement for Watson ...
Inso Corporation to Offer 1,200,000 Shares of Common Stock
Sep 26, 1996 ... BOSTON, Sept. 26 /PRNewswire/ -- INSO Corporation (Nasdaq: INSO) today announced that it has filed with the Securities and Exchange Commission a registration statement relating to a public offering of 1,200,000 shares of common stock. All of the 1,200,000 shares being offered are being sold ...
Genzyme Tissue Repair, Diacrin Form Joint Venture to Advance NeuroCell Products for Parkinson's, Huntington's Diseases
Sep 26, 1996 ... CAMBRIDGE, Mass. and CHARLESTOWN, Mass., Sept. 26 /PRNewswire/ -- Genzyme Corp.'s Tissue Repair Division (Nasdaq: GENZL), Cambridge, Mass., and Diacrin Inc. (Nasdaq: DCRN), Charlestown, Mass., today announced the formation of a 50-50 joint venture to speed development and commercialization ...
Construction Begins on Miami Beach's First New Hotel in 30 Years Loews Miami Beach Hotel Set To Debut in Summer 1998
Sep 26, 1996 ... MIAMI BEACH, Fla., Sept. 26 /PRNewswire/ -- A pyrotechnics display, motorcycle rider ascending the top of a landmark Art Deco hotel via a cable, local dignitaries, 300 guests (each with their own shovel), and more than 80 children from the community helped mark the start of construction for ...
GreenMan Technologies, Inc. Announces 104 Percent Increase in Revenue for the Year ended May 31, 1996
Sep 26, 1996 ... BOSTON, Sept. 26 /PRNewswire/ -- GreenMan Technologies, Inc. (Nasdaq: GMTI GMTIW) (BSE: GMY GMYW) today announced a 104% increase in revenue and a 29% decrease in consolidated net loss as a percentage of revenue for the year ended May 31, 1996.Year Ended May 31, 1996 Results ...
Host Marriott Services Reports 23 Percent Increase In Third Quarter Net Income
Sep 26, 1996 ... BETHESDA, Md., Sept. 26 /PRNewswire/ -- Host Marriott Services Corporation (NYSE: HMS) today reported net income for the third quarter of 1996 of $15.0 million, or $0.42 per share, an increase of 23% over net income of $12.2 million, or $0.36 per share, for the third quarter of 1995. ...
ARC Communications Offers Free 30 Day Evaluation Of Conference Room Speakerphone
Sep 26, 1996 ... PISCATAWAY, N.J., Sept. 26 /PRNewswire/ -- ARC Communications of Piscataway, New Jersey has chosen to add the brand new CS1000 Conference Link Speakerphone to the array of telecommunication products and services they supply. Manufactured by U.S. Robotics, the table-top speakerphone is ...
Solectron to Acquire Force Computers Inc.
Sep 26, 1996 ... MILPITAS and SAN JOSE, Calif., Sept. 26 /PRNewswire/ -- Solectron Corporation (NYSE: SLR) and FORCE COMPUTERS Inc. today announced the signing of an agreement for Solectron to purchase FORCE COMPUTERS. The acquisition will be effected via a pooling-of-interests merger for approximately ...
Cleveland Clinic Breaks Ground for Research and Education Institutes
Sep 26, 1996 ... CLEVELAND, Sept. 26 /PRNewswire/ -- Cleveland Clinic Foundation staff and government officials will break ground Friday, September 27, for the state-of- the-art Research and Education Institutes. The hour-long ceremony will begin at 10:45 a.m.The 410,000-square-foot complex, to be ...
Pharmaceutical Product Development and Applied Bioscience International Complete Merger
Sep 26, 1996 ... WILMINGTON, N.C. and ARLINGTON, Va., Sept. 26 /PRNewswire/ -- Pharmaceutical Product Development, Inc. (Nasdaq: PPDI) and Applied Bioscience International Inc. (Nasdaq: APBI) announced today the closing of the merger of these two companies.The combined enterprise, which will be one ...
Pfizer to Repurchase $2 Billion Worth of Common Stock
Sep 26, 1996 ... NEW YORK, Sept. 26 /PRNewswire/ -- The Board of Directors of Pfizer Inc. (NYSE: PFE) today authorized the company to repurchase up to $2 billion worth of its currently issued stock. The purchases will be made from time to time during the next 24 months in the open market or private ...
Habersham Bancorp Announces Acquisition Of Appalachian Travel Service By Habersham Bank
Sep 26, 1996 ... CORNELIA, Ga., Sept. 26 /PRNewswire/ -- David D. Stovall, President and C.E.O. of Habersham Bancorp (Nasdaq-NNM: HABC) (HABC), announced today that Habersham Bank has finalized its acquisition of Appalachian Travel Service, Inc. Habersham Bank is a wholly owned subsidiary of Habersham ...
Bull Run Corporation Increases Investment in Gray Communications Systems, Inc.
Sep 26, 1996 ... ATLANTA, Sept. 26 /PRNewswire/ -- Bull Run Corporation (Nasdaq: BULL) announced that it has acquired, for $5 million, 500 shares of Gray Communications Systems, Inc. (NYSE: GCS) Series B Preferred Stock and warrants to purchase 250,000 shares of Gray's Class A Common Stock at $24 per share, ...
Masco Corporation Announces Increase in Quarterly Dividend
Sep 26, 1996 ... TAYLOR, Mich., Sept. 26 /PRNewswire/ -- Masco Corporation (NYSE: MAS) announced that its Board of Directors has declared an increased quarterly cash dividend of $.20 per common share. The Company had been previously paying $.19 per common share quarterly. The dividend is payable on ...
Oilex Acquires 74 Productive Wells in Permian Basin
Sep 26, 1996 ... HOUSTON, Sept. 26 /PRNewswire/ -- Oilex, Inc. (OTC-NASDAQ-BBS: OLEX) announced today it has acquired 74 productive wells in the Revilo Unit, located in the Permian Basin in Scurry County, Texas, from privately owned Xeric Oil and Gas Corp (Xeric). The acquisition included a trade for the ...
KCS Energy, Inc., Declares Regular Quarterly Dividend
Sep 26, 1996 ... EDISON, N.J., Sept. 26 /PRNewswire/ -- The Board of Directors of KCS Energy, Inc. (NYSE: KCS) today announced a regular quarterly dividend of $0.03 per share payable on or before November 20, 1996 to shareholders of record on October 11, 1996.KCS is an independent energy company ...
Gymboree Signs Lease for Crown American's Capital City Mall in Harrisburg, Pa.
Sep 26, 1996 ... JOHNSTOWN, Pa., Sept. 26 /PRNewswire/ -- Gymboree (Nasdaq: GYMB), the nation's fastest-growing retailer of children's apparel, will be opening a store in Harrisburg's Capital City Mall. Crown American Realty Trust (NYSE: CWN), owner and operator of the mall, reports that the Burlingame, ...
ESS Enters MPEG-2 Market
Sep 26, 1996 ... FREMONT, Calif., Sept. 26 /PRNewswire/ -- Expanding its presence in the digital video market, ESS Technology, Inc. (Nasdaq: ESST) introduced four new products today. Three products are based upon the flexible, programmable VideoDrive processor, and the fourth is a companion chip. All of the ...