PR Newswire back issues from Thursday, May 1:
Valassis Communications Reports 113% Increase in Earnings For the First Quarter; Continued Progress in Share Repurchase Program
May 01, 1997 ... LIVONIA, Mich., May 1 /PRNewswire/ -- For the quarter ended March 31, 1997, Valassis Communications, Inc. (NYSE: VCI) reported favorable earnings per share comparisons from prior year periods for the tenth consecutive quarter.FINANCIAL HIGHLIGHTS (in millions, except per ...
ABN AMRO Completes Acquisition of Standard Federal Bank
May 01, 1997 ... TROY, Mich., May 1 /PRNewswire/ -- ABN AMRO Bank N.V. announced today that it has completed its acquisition of Standard Federal Bancorporation, Inc. (NYSE: SFB) for $59 per share. The transaction, valued at $1.9 billion, is the largest ever for ABN AMRO.Netherlands-based ...
Nutrition For Life International, Inc. Announces Second Quarter Results
May 01, 1997 ... HOUSTON, May 1 /PRNewswire/ -- Nutrition For Life International, Inc., (Nasdaq/NNM: NFLI) announced today financial results for the second quarter and six months ended March 31, 1997.Net sales for the second quarter declined 30% to $21.2 million compared with $30.3 million ...
3M Agrees to Sell Outdoor Advertising Business to Outdoor Systems, Inc.
May 01, 1997 ... ST. PAUL, Minn., May 1 /PRNewswire/ -- 3M (NYSE: MMM) announced today an agreement to sell National Advertising Company, its outdoor advertising and mall advertising company, to Outdoor Systems, Inc. (Nasdaq: OSIA), a nationwide leader in outdoor advertising, for $1 billion. The sale is ...
Virus Research Institute, Inc. Reports Year End Results
May 01, 1997 ... CAMBRIDGE, Mass., May 1 /PRNewswire/ -- Virus Research Institute, Inc. (Nasdaq: VRII) today announced financial results for the first quarter ended March 31, 1997. Net loss for the first quarter of 1997 was $1,841,000, or $0.21 per share, compared to a net loss of $1,367,000 for the ...
The General Chemical Group Reports Improved First Quarter Results
May 01, 1997 ... HAMPTON, N.H., May 1 /PRNewswire/ -- The General Chemical Group Inc. (NYSE: GCG) reported higher sales and net income for the first quarter of 1997. For the three months ended March 31, 1997, sales increased 4% to $149.6 million and net income improved 26% to $11.7 million, or 50 cents ...
Diatide Reports 1997 First Quarter Results and Preliminary P280 Clinical Results
May 01, 1997 ... LONDONDERRY, N.H., May 1 /PRNewswire/ -- Diatide, Inc. (Nasdaq: DITI), today reported that revenue for the quarter ended March 31, 1997 was $580,000, compared to revenues of $500,000 for the quarter ended March 31, 1996. The increase in revenue was primarily attributable to increased ...
Transocean Offshore Inc. Reports First Quarter 1997 Results
May 01, 1997 ... HOUSTON, May 1 /PRNewswire/ -- Transocean Offshore Inc. (NYSE, OSE: RIG) today announced that net income for the three months ended March 31, 1997 totaled $27.7 million or $0.54 per share on revenues of $219.6 million. The results compare favorably to net income of $11.8 million or ...
Geac VisionShift Reorganizes As Geac Publishing Systems To Focus On Publishing Vertical
May 01, 1997 ...Accounting And HR Product Lines Add Value To Geac Commercial SystemsTAMPA, Fla., May 1 /PRNewswire/ -- Geac VisionShift(R) (Toronto: GAC), a division of Geac(R) Computers, Inc., today announced that in an effort to better serve its customers, the accounting and HR/payroll ...
Maxim Initiates Clinical Trial In Hepatitis C
May 01, 1997 ... SAN DIEGO, May 1 /PRNewswire/ -- Maxim Pharmaceuticals, Inc. (AMEX: MMP) today announced that it has initiated a clinical trial of its drug, Maxamine(TM), for the treatment of hepatitis C. The prevalence of hepatitis C is estimated to be 4 million people in the United States and up to ...
Advanced Mammography Systems, Inc. to Reduce Its Shares Outstanding by 27 Percent
May 01, 1997 ... Actual Shares Outstanding to Decrease from 10.4 Million to 7.6 MillionWILLMINGTON, Mass., May 1 /PRNewswire/ -- Advanced Mammography Systems, Inc. (Nasdaq: MAMO) announced today that 2.75 million shares of the company's common stock, currently owned by Advanced NMR ...
SOCO Reports Successful Gulf of Mexico Projects
May 01, 1997 ... FORT WORTH, Texas, May 1 /PRNewswire/ -- Snyder Oil Corporation (NYSE: SNY) today announced an exploratory success at its High Island Block 208 prospect offshore Texas. The Company also announced continued development success at its offshore Main Pass complex and a preliminary natural ...
Beta Well Service Announces First Quarter Results
May 01, 1997 ... Profitability Increases By 185 Percent as Company Responds to Strong Demand in <Pre> Oil and Gas Service Industry </Pre> CALGARY, Alberta, May 1 /PRNewswire/ -- Beta Well Service Inc. (OTCBB: BTWLF) reported its operating results for the three months ...
Expert Says More People Choose Highly Personalized Memorials
May 01, 1997 ... PITTSBURGH, May 1 /PRNewswire/ -- One thing singer Charlie Rich and racing champion Davey Allison have in common is their lives are immortalized with highly personalized cast bronze memorials that include sculpted portraits of the men."Every year an increasing number of ...
Veterans of Highly Decorated Destroyer No Longer Among the Missing
May 01, 1997 ... <Pre> Select Phone phonebook on CD-ROM helps locate hundreds of U.S.S. Radford shipmates nationwide </Pre> DANVERS, Mass., May 1 /PRNewswire/ -- Through three decades, three global conflicts and numerous epic engagements with the enemy, 3,500 men have ...
Alanex and ICOS Sign Collaboration to Discover Small Molecule Drugs
May 01, 1997 ... SAN DIEGO, May 1 /PRNewswire/ -- Alanex Corporation and ICOS Corporation (Nasdaq: ICOS), announced today the signing of an exclusive agreement to collaborate on the discovery of small molecule drugs for an undisclosed target. This agreement utilizes the proprietary technologies and ...
Silicon Graphics to Sponsor QuesTec for Major League Baseball Broadcasting
May 01, 1997 ... DEER PARK, N.Y. May 1 /PRNewswire/ -- QuesTec Imaging, Inc. (Nasdaq: QSTIF; Vancouver Stock Exchange: QSI.V) (QuesTec), announces that it has signed a baseball sponsorship agreement with Silicon Graphics Inc. (NYSE: SGI) for the 1997 season valued at approximately $500,000.00 (US), with ...
Andersen Worldwide to Stay Together
May 01, 1997 ... NEW YORK, May 1 /PRNewswire/ -- The partners of Andersen Worldwide overwhelmingly affirmed their intention, by a 93% vote, to keep their global organization together during their Annual Partners' Meeting this week in Paris.Lawrence A. Weinbach, Managing Partner-Chief ...
American Energy Announces Response to SEC Allegations
May 01, 1997 ... HOUSTON, May 1 /PRNewswire/ -- The American Energy Group, Ltd. announced today that it intends to vigorously refute allegations in a civil lawsuit purportedly filed by the Securities and Exchange Commission, according to recent news reports. All information presented by the Company has ...
ICVERIFY Offers New Integration Support Program for Developers of Point of Sale Systems
May 01, 1997 ...ICVERIFY Extends Comprehensive Software Development Kit and Support <Pre> For Developers Integrating Its Payment Processing Software </Pre> OAKLAND, Calif., May 1 /PRNewswire/ -- ICVERIFY(R), Inc., the leading provider of software solutions for authorization ...
Isis Pharmaceuticals Reports First Quarter 1997 Results
May 01, 1997 ... CARLSBAD, Calif., May 1 /PRNewswire/ -- Isis Pharmaceuticals, Inc. (Nasdaq: ISIP),announced its financial results for the first quarter ended March 31, 1997. The company's net loss for the quarter was $8.6 million, or $0.33 per share, compared with $8.2 million, or $0.32 per share, for ...
Onsite Announces Results for Third Fiscal Quarter
May 01, 1997 ... CARLSBAD, Calif., May 1 /PRNewswire/ -- Onsite Energy Corporation (OTCBB: ONSE), ("Onsite") announced today the financial results for its third fiscal quarter ended March 31, 1997. Net loss for the quarter was $998,757, or $.09 loss per share, compared to net income of $554,560, or $.03 ...
ICG Communications, Inc. Reports Revenue Increased 75 Percent for the Quarter Ended March 31, 1997
May 01, 1997 ... ENGLEWOOD, Colo., May 1 /PRNewswire/ -- ICG Communications, Inc. (Nasdaq: ICGX) ("ICG"), today announced that total revenue increased 75 percent to $63.1 million for the quarter ended March 31, 1997, compared to $35.9 million posted for the corresponding quarter in 1996....
Bank Plus Corporation Reports First - Quarter 1997 Earnings
May 01, 1997 ... LOS ANGELES, May 1 /PRNewswire/ -- Bank Plus Corporation (Nasdaq: BPLS) ("Bank Plus" or the "Corporation"), and its subsidiaries (the "Company"), which include Fidelity Federal Bank, FSB ("Fidelity" or the "Bank"), today reported 1997 first-quarter net earnings of $4.2 million after ...
Interactive Group Announces First Quarter Results - Company Meets Analysts Expectations -
May 01, 1997 ... SAN DIEGO, May 1 /PRNewswire/ -- Interactive Group, Inc. (Nasdaq-NMS:INTE) today reported operating results for the quarter ended March 31, 1997. Revenues for the first three months of 1997 were $13.2 million, compared with $13.8 million in 1996. As expected. the company reported a net ...
IHOP Corp. April 1997 Same Store Sales Up 4.8%
May 01, 1997 ... GLENDALE, Calif., May 1 /PRNewswire/ -- IHOP Corp. (Nasdaq: IHOP) announced today that same store sales for the fiscal month of April 1997, were up 4.8% compared to the same period last year.IHOP develops, franchises and operates International House of Pancakes restaurants, ...
Reynolds Group to Re-Sell Insignia Systems' Stylus Sign & Label Software
May 01, 1997 ... MINNEAPOLIS, May 1 /PRNewswire/ -- Insignia Systems, Inc. (Nasdaq: ISIG) today announced that The Reynolds Group (City of Industry, Calif.) has become a new distributor of its Stylus Sign & Label Works software products. Insignia Systems' Stylus is seen by both companies as an ideal ...
'Giveaway' Means 'Getaway' at Go 2 What's New
May 01, 1997 ... CHICAGO, May 1 /PRNewswire/ -- Beginning to think that Spring will never arrive? Well, just in time to soothe your Winter blues Go 2 What's New http://www.go2whatsnew.com, the Internet's best source for vacation giveaway packages, offers a chance to win four fun-filled days and nights ...
PVC Container Corporation Announces Revenues and Income for Third Fiscal Quarter Period Ended March 31, 1997
May 01, 1997 ... EATONTOWN, N.J., May 1 /PRNewswire/ -- PVC Container Corporation (Nasdaq: PVCC) announced today its third fiscal quarter and nine months results ended March 31, 1997. PVC Container Corporation's quarterly sales were approximately $15,559,000, compared to $15,905,000 for the same period ...
ProxyMed Completes Acquisition of Hayes Computer Systems and the Purchase of Shares on The Open Market
May 01, 1997 ... FT. LAUDERDALE, Fla., May 1 /PRNewswire/ -- ProxyMed, Inc., (Nasdaq: PILL) today announced it has completed the acquisition of Hayes Computer Systems, Inc. (HCS), a private corporation based in Tallahassee, Florida. Additionally, ProxyMed announced the one time purchase of 110,000 shares ...
EquiMed Announces Strategic Acquisitions of Oncology Practices in Detroit, Michigan and Washington, D.C.
May 01, 1997 ... STATE COLLEGE, Pa., May 1 /PRNewswire/ -- EquiMed, Inc. (Nasdaq-NNM: EQMD) announced acquisitions during the first quarter of the oncology practices of Dr. Joseph C. Won, in Detroit, Michigan and Dr. Mahdu K. Mohan in Washington, D.C. Total consideration for the practices was ...
Fitch Rates New $300M CMS Energy Sr. Notes 'BB' - Fitch Financial Wire -
May 01, 1997 ... NEW YORK, May 1 /PRNewswire/ -- CMS Energy Corp.'s (NYSE: CMS) expected new $300 million issue of senior notes, maturing May 1, 2002, is rated 'BB' by <Pre> Fitch Investors Service. Additionally, the $347 million of outstanding CMS energy deferred coupon notes and $353 million ...
Cornell Corrections Reports First Quarter 1997 Results; Revenue Growth of 142% Driven by 1996 Acquisitions and New Contract Awards
May 01, 1997 ... HOUSTON, May 1 /PRNewswire/ -- Cornell Corrections, Inc. (AMEX: CRN) today announced that revenues for the first quarter of 1997 increased 142% to $13.2 million from $5.5 million for the first quarter of 1996. Net income for the three months ended March 31, 1997 was $500,000, or $.07 ...
Nortel (Northern Telecom) Announces Placement of $US 1.7 Billion in Customer Financing for PCS Network Operators
May 01, 1997 ... DALLAS, May 1 /PRNewswire/ -- Nortel (Northern Telecom) has successfully placed more than 80 percent of its customer financing commitments to North American PCS operators -- approximately $US 1.7 billion -- with a group of more than 20 major financial institutions, in three separate ...
For 'Pitas' Sake!: Wendy's Renames Florida Town 'St. Pitas-burg' To Celebrate National Launch Of New Fresh Stuffed Pitas
May 01, 1997 ... Wendy's 'Wraps' Restaurant in Giant 20 ft. Pita Made of 40,000 BalloonsST. PETERSBURG, Fla., May 1 /PRNewswire/ -- St. Petersburg residents will wake up to find themselves in "St. Pitas-burg" for the day on Thursday, May 1, when Wendy's founder Dave Thomas and Mayor David ...
Plains Resources Reports Improved 1997 First Quarter Operating and Financial Results
May 01, 1997 ... HOUSTON, May 1 /PRNewswire/ -- Plains Resources (AMEX: PLX) today reported improved first quarter 1997 results in both upstream and downstream operations. The company reported net income of $3.9 million, or $.22 per share, a 77% increase over 1996's first quarter net income from ...
Donnelly Wins Major New European Business For Electrochromic Mirrors, Overhead Lighting and Trim
May 01, 1997 ... HOLLAND, Mich., May 1 /PRNewswire/ -- Donnelly Corporation (NYSE: DON) has won new business commitments from a European manufacturer on a future European luxury vehicle that represents one of the largest new business orders in the history of the company.Included in the ...
Long Distance Direct Completes $3 million Private Placement
May 01, 1997 ... PEARL RIVER, N.Y., May 1 /PRNewswire/ -- Long Distance Direct Holdings Inc. (LDDI) announced today that it has completed a $3.058 million private placement of 1,529,491 unregistered shares of common stock. The placement agent was Cruttenden Roth Incorporated. Proceeds from the private ...
PMR Announces the Commercial Launch of Its Mid-America Division
May 01, 1997 ... SAN DIEGO, Calif., May 1 /PRNewswire/ -- PMR Corporation (Nasdaq-NNM: PMRP) today announced that it has opened its first four sites resulting from its agreement with Columbia/HCA Healthcare Corporation. The agreement, signed in August of 1996, facilitated the creation of these Acute ...
Midland, Inc. Reports Record Revenues and Profits Following Merger With Greek Shipping and Commodities Firm
May 01, 1997 ... <Pre>Sales Increase to $26.5 Million From $2 MillionWith Net Income of $2.3 Million </Pre> HOUSTON, May 1 /PRNewswire/ -- Midland, Inc., (Nasdaq BB: MIDL) reported record restated audited financial results today from its reverse merger of ...
Pacific Aerospace & Electronics Acquires Northwest Technical Industries
May 01, 1997 ... WENATCHEE, Wash., May 1 /PRNewswire/ -- Pacific Aerospace & Electronics, Inc. (Nasdaq: PCTH and PCTHW) announced today that it has acquired all of the assets of Northwest Technical Industries, Incorporated for approximately $2.0 million in the Company's common stock. The Company will ...
PNY Memory Upgrades Compatible With a Wide Range of Acer Desktop and Portable Computers
May 01, 1997 ...Acer's Newly Acquired Texas Instruments Notebook Line Also SupportedMOONACHIE, N.J., May 1 /PRNewswire/ -- PNY Technologies, Inc., a global leader in the design, manufacture and distribution of memory products, is shipping fully compatible memory upgrades for a wide range ...
PTI Holding Plans 90 Percent Increase in Size of Manufacturing Facility
May 01, 1997 ... HASTINGS-ON-HUDSON, N.Y., May 1 /PRNewswire/ -- PTI Holding Inc. (Nasdaq: PTII) has announced that it is in negotiations to expand its manufacturing facility by 90,000 square feet in anticipation of sales projections for 1998. Currently, PTI occupies 100,000 square feet at its facility ...
Del Global Technologies Corp. Announces Receipt of New $2.5 Million Order for Medical Subsystems
May 01, 1997 ... VALHALLA, N.Y., May 1 /PRNewswire/ -- Del Global Technologies Corp. (Nasdaq: DGTC) today announced that it had received a new order valued at $2.5 million.The Company indicated that it had received an order from a leading global medical equipment manufacturer for a new ...
IBM Consent Decree Opinion Likely to be Appealed by Trade Association
May 01, 1997 ... NEW YORK, April 30 /PRNewswire/ -- Independent Service Network International (ISNI), the largest association of independent computer maintainers, announced yesterday that it will recommend to its members an appeal of the April 30, 1997 court decision terminating the 1956 International ...
U.S. Bancorp Completes Acquisition of Business & Professional Bank
May 01, 1997 ... SACRAMENTO, Calif., May 1 /PRNewswire/ -- U.S. Bancorp (Nasdaq: USBC) today announced completion of its acquisition of Business & Professional Bank (Nasdaq: BPFB), strengthening U.S. Bank's presence in Sacramento and Yolo counties."We share similar product lines for ...
Area Bancshares Corporation To Merge With Cardinal Bancshares, Inc.
May 01, 1997 ... OWENSBORO and LEXINGTON, Ky., May 1 /PRNewswire/ -- Area Bancshares Corporation (Nasdaq-NNM: AREA) and Cardinal Bancshares, Inc. (Nasdaq-NNM: CARD) announced jointly today that they have signed a definitive agreement that provides for the combination of Cardinal and Area....
M/I Schottenstein Homes Reports Record 131 Percent Increase in First Quarter Net Income
May 01, 1997 ... COLUMBUS, Ohio, May 1 /PRNewswire/ -- M/I Schottenstein Homes, Inc. (NYSE: MHO) reports financial results for the first quarter, which ended March 31, 1997. Net income for the quarter reached $3,052,000, the highest first quarter in the Company's 21-year history and a 131% increase over ...
Goodrich Petroleum Corporation Announces Test Results From North Louisiana Well
May 01, 1997 ... HOUSTON, Texas and SHREVEPORT, La., May 1 /PRNewswire/ -- Goodrich Petroleum Corporation (NYSE: GDP) today announced completion results from a recently drilled well.At Ada Field in Bienville Parish, Louisiana, the company announced test results from their Goodrich ...
Amerac Energy Corporation Announces Earnings
May 01, 1997 ... HOUSTON, May 1 /PRNewswire/ -- Amerac Energy Corporation (AMEX: AMC) ("Amerac" or the "Company") announced its results for the first quarter of 1997. The Company reported net income of $0.5 million ($0.13 per common share) in the first three months of 1997, compared to $0.7 million ...
First State Declares Quarterly Dividend
May 01, 1997 ... ALBUQUERQUE, N.M., May 1 /PRNewswire/ -- First State Bancorporation (Nasdaq: FSNM) announced that its Board of Directors declared a $0.05 per share dividend to shareholders of record on May 21, 1997, payable June 18, 1997.On April 18, First State reported quarterly earnings ...
Boyd Gaming Reports Third Quarter Earnings of $.10 Per Share Before One-Time Charge
May 01, 1997 ... LAS VEGAS, May 1 /PRNewswire/ -- Boyd Gaming Corporation (NYSE: BYD) today reported earnings of $.10 per share before a one-time charge for its third fiscal quarter ended March 31, 1997 versus $.20 per share in last year's third fiscal quarter. The results were generally in line with ...
The Zweig Total Return Fund, Inc. Declares Monthly Distribution
May 01, 1997 ... NEW YORK, May 1 /PRNewswire/ -- The Zweig Total Return Fund, Inc. (NYSE: ZTR; Pacific), a closed-end investment company that began operations in September 1988, today announced its monthly distribution to shareholders. The distribution, of $0.07 per share, will be paid on May 27, 1997 ...
Empire of Carolina Announces First Quarter Results; Comments on Recent Developments
May 01, 1997 ... DELRAY BEACH, Fla., May 1 /PRNewswire/ -- Empire of Carolina (AMEX: EMP) today announced financial results for the first quarter of 1997. Net sales for the quarter ended March 31, 1997 increased 15.8% to $25.7 million from $22.2 million for the same quarter of 1996. The net loss for ...
Venture Seismic Announces Record Second Quarter and Six Months Results
May 01, 1997 ... CALGARY, May 1 /PRNewswire/ -- <Pre> - Revenues and Net Income Up Sharply - </Pre> Venture Seismic Ltd. (Nasdaq-NNM: VSEIF, VSEWF) today announced results for the second quarter and six months ended March 31,1997.For the three months ...
Channell Commercial Reports Record First Quarter Earnings
May 01, 1997 ... TEMECULA, Calif., May 1 /PRNewswire/ -- Channell Commercial Corporation (Nasdaq: CHNL) announced record earnings for the first quarter ended March 31, 1997.Revenue for the period was $12.8 million, a 24.3% increase over the same period in 1996. Net income increased 8.4% to ...
CoreStates and Andersen Consulting Reach Agreement for Strategic Technology Alliance
May 01, 1997 ... PHILADELPHIA, May 1 /PRNewswire/ -- CoreStates Financial Corp (NYSE: CFL) and Andersen Consulting today announced an agreement in principle to establish a 10-year information technology alliance that is designed to help CoreStates achieve key business objectives, including growing ...
Targeted Genetics Reports First Quarter Financial Results
May 01, 1997 ... SEATTLE, May 1 /PRNewswire/ -- Targeted Genetics Corporation (Nasdaq: TGEN) today reported a net loss of $3,475,000, or $0.17 per share, for the first quarter ended March 31, 1997. This compares to a net loss of $2,892,000, or $0.23 per share, in the year earlier quarter....
Logility Adds Transportation Planning Capabilities
May 01, 1997 ... Alliance With CAPS LOGISTICS Completes Comprehensive Value Chain SolutionATLANTA, May 1 /PRNewswire/ -- To help companies optimize their value chains and speed product flow through advanced shipment consolidation and scheduling, Logility Inc. is adding comprehensive ...
Feinstein Partners Now Feinstein Kean Partners Name Change and Reorganization Reflects Growth of Firm
May 01, 1997 ... CAMBRIDGE, Mass., May 1 /PRNewswire/ -- Feinstein Partners Inc. has changed its name to Feinstein Kean Partners Inc., the Cambridge based communications consulting firm announced today. The name change and an accompanying reorganization of management responsibilities reflect the firm's ...
Westbridge Capital Reports First Quarter Earnings
May 01, 1997 ... FORT WORTH, Texas, May 1 /PRNewswire/ -- Westbridge Capital Corp. (NYSE: WBC) today reported that net income for the first quarter ended March 31, 1997 rose to $1,730,000 equal to $.20 per fully diluted share, on total revenues of $46,488,000. For the corresponding 1996 quarter, the ...
Rowan Companies, Inc. Announces Contract for Subsidiary
May 01, 1997 ... HOUSTON, May 1 /PRNewswire/ -- Rowan Companies, Inc. (NYSE: RDC; PSE) announced that LeTourneau Inc., a wholly owned subsidiary, has entered into a contract to furnish vessel design and new components and to up-grade and refurbish certain components of an existing LeTourneau Kit, to ...
Valero Closes on Acquisition of Basis Petroleum
May 01, 1997 ... SAN ANTONIO, May 1 /PRNewswire/ -- Valero Energy Corporation (NYSE: VLO) announced today that it has closed on its acquisition of Basis Petroleum, Inc. (Basis), a wholly owned subsidiary of Salomon Inc (NYSE: SB). The primary assets of Basis include three refineries with total ...
Novametrix Announces 17 Percent Increase in Fourth Quarter Revenues
May 01, 1997 ... WALLINGFORD, Conn., May 1 /PRNewswire/ -- Novametrix Medical Systems, Inc. (Nasdaq: NMTX) today announced revenues for the fourth quarter ended April 27, 1997 of $7.97 million, up from $6.8 million for the same period a year ago. For the fiscal year ended April 27, 1997 revenues rose to ...
Upper Peninsula Energy Corporation Announces Results
May 01, 1997 ... HOUGHTON, Mich., May 1 /PRNewswire/ -- Upper Peninsula Energy Corporation (Nasdaq: UPEN) reports unaudited consolidated net income of $5,359,000 or $1.80 per average Common share for the twelve months ended March 31, 1997. Twelve months' earnings for the same period a year ago were ...