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PR Newswire articles from Wednesday, October 22

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<a href="http://www.highbeam.com/PR+Newswire/publications.aspx?date=19971022" title="Articles and back issues from PR Newswire">PR Newswire articles</a>

PR Newswire back issues from Wednesday, October 22:

Industrial Distribution Group, Inc. Announces Commitment For $75 Million Dollar Credit Facility

Oct 22, 1997 ... ATLANTA, Oct. 22 /PRNewswire/ -- Industrial Distribution Group, Inc. (NYSE: IDG) announced today a commitment from The First National Bank of Chicago ("First Chicago") to provide the Company a $75 million dollar revolving credit facility. The facility will have a three-year term, will ...

Spyglass(R) Reports Financial Results for Fourth Quarter 1997; Year End

Oct 22, 1997 ...Year of Transition from Desktop to Device Market Seen as Successful; Poised <Pre> for Further Expansion </Pre> NAPERVILLE, Ill., Oct. 22 /PRNewswire/ -- Spyglass Inc. (Nasdaq: SPYG) today announced the financial results for the fiscal year ended ...

Imperial Credit Commercial Mortgage Investment Corp. Receives Additional Net Proceeds of $62.775 Million

Oct 22, 1997 ... <Pre> Underwriters Exercise Option for 4,500,000 Additional Shares </Pre> LOS ANGELES, Oct. 22 /PRNewswire/ -- Imperial Credit Commercial Mortgage Investment Corp. (Nasdaq: ICMI) today announced that its underwriters have exercised in full the over-allotment option granted to ...

'Disney's Honey, I Shrunk The Kids: The TV Show' Serves Up An Extra-Large Order of Comedy and Adventure in Conjunction with McDonald's

Oct 22, 1997 ... Mad Scientist Wayne Szalinski Gets Shrunk And Is Mistaken for a McDonald'sHappy Meal Toy In the Special Episode Airing Weekend of October 25/26BURBANK, Calif., Oct. 22 /PRNewswire/ -- Television's new, hit weekly family series "Disney's Honey, I Shrunk The ...

Neuromedical Systems, Inc. Establishes Pathology Advisory Board

Oct 22, 1997 ... SUFFERN, N.Y., Oct. 22 /PRNewswire/ -- Neuromedical Systems, Inc. (NSI) (Nasdaq: NSIX) today announced the establishment of a Pathology Advisory Board. The Pathology Advisory Board is comprised of independent physicians who will serve as an interface between the company and the ...

Trigen to Install Back Pressure Turbine Generator at U.S. Mint

Oct 22, 1997 ... WHITE PLAINS, N.Y., Oct. 22 /PRNewswire/ -- Trigen Energy Corporation (NYSE: TGN) announced today its plans to install a 200 kW back pressure steam turbine generator for the United States Mint in Philadelphia. The back pressure turbine is part of a comprehensive long-term energy ...

Labor Ready Reports Record Revenues and Earnings For Third Quarter and Nine Months

Oct 22, 1997 ... <Pre>Sales in Quarter Surpass $100 million for the first time </Pre> TACOMA, Wash., Oct. 22, /PRNewswire/ -- Labor Ready, Inc. (Nasdaq: LBOR) today reported record net income for the third quarter, ended September 30, 1997, of $3,900,995 or $0.31 per share, compared with ...

The Ultimate French Expexience Soon Available in the USA TV5 - La Television Internationale

Oct 22, 1997 ... MONTREAL, Oct 22 /PRNewswire/ -- Mr. Guy Gougeon, president and CEO of TV5, is pleased to announce that TV5 La Television Internationale will begin broadcasting in the United States effective December 1997. The network was given the go-ahead on october 8th in Paris, at a Conference of ...

Lend Lease & MLC On S&P Watch Negative; NMLA Affirmed

Oct 22, 1997 ... LONDON, Oct. 22 /PRNewswire/ -- Standard & Poor's today placed its double-'A' corporate credit rating of Lend Lease Corp. Ltd. (Lend Lease) and its double 'A'-plus claims-paying ability and credit ratings of MLC Ltd. (MLC) on CreditWatch with negative implications. The shortterm ...

S&P Affirms A+ Rating of CNA Reinsurance Co Ltd

Oct 22, 1997 ... LONDON, Oct. 22 /PRNewswire/ -- Standard & Poor's has today affirmed its single-'A'-plus claims-paying ability rating of CNA Reinsurance Co. Ltd. (CNA Re) based on the following rating factors:-- CNA Re's strategic importance to its U.S. parent, CNA Financial Corp. ...

85% of Cigar Smokers Would Rather Punch Than Bite; Majority Smoke One to Five Cigars A Week, Survey Shows

Oct 22, 1997 ... WOODBRIDGE, Conn., Oct. 22 /PRNewswire/ -- Eighty-five percent of cigar smokers would rather punch than bite the tips of their cigars before lighting, and about 75% smoke between one and five cigars per week, according to a new survey.These findings and others are the ...

THERMO TECH(TM) TECHNOLOGIES INC.

Oct 22, 1997 ... Listed NASDAQTrading Symbol: TTRI.FLANGLEY, B.C., Oct. 22 /CNW-PRN/ - THERMO TECH(TM) TECHNOLOGIES INC. (the ``Company'') entered into a securities purchase agreement dated as of July 9, 1997 with Asia Equities, Inc., a private investor. Pursuant to the ...

Colonial Properties Trust Reports Third Quarter Results; Funds From Operations Increased by 21.2 Percent

Oct 22, 1997 ... BIRMINGHAM, Ala., Oct. 22 /PRNewswire/ -- Colonial Properties Trust (NYSE: CLP), announced today its financial results for the third quarter which ended on September 30, 1997. Funds from operations for the third quarter of 1997 totaled $19,585,000, a 21.2 percent increase over funds ...

Medic Computer Systems Announces Third Quarter Earnings

Oct 22, 1997 ... RALEIGH, N.C., Oct. 22 /PRNewswire/ -- Medic Computer Systems, Inc. (Nasdaq: MCSY) announced today the results of its third quarter and nine months ended September 30, 1997. Total net revenues for the third quarter were $61,468,000, up 23% compared with $50,072,000 for the same period ...

Gundle/SLT Environmental, Inc. Announces Third Quarter Results

Oct 22, 1997 ... HOUSTON, Oct. 22 /PRNewswire/ -- Gundle/SLT Environmental, Inc. (NYSE: GSE) today announced net income of $3.0 million, or 19 cents per share, for the quarter ended September 30, 1997, compared to $6.0 million, or 34 cents per share for the third quarter of 1996. Sales for the quarter ...

Knight-Ridder Reports Net Income up 24.7% in Third Quarter

Oct 22, 1997 ...MIAMI, Oct. 22 /PRNewswire/ -- In the third quarter of 1997, Knight- Ridder, Inc. reported earnings of $.69, including a $.23 gain on the swap with the E.W. Scripps Co. of the Daily Camera, in Boulder, Colo., for two papers in California. Excluding that gain, the company earned $.46 a ...

Isis Pharmaceuticals Reports Third Quarter 1997 Results

Oct 22, 1997 ... CARLSBAD, Calif., Oct. 22 /PRNewswire/ -- Isis Pharmaceuticals, Inc. (Nasdaq: ISIP), today announced financial results for the third quarter ended September 30, 1997. The company's net loss for the quarter was $2.2 million, or $0.08 per share, compared with $9.4 million, or $0.36 per ...

AMC Entertainment Inc. Announces Second Quarter Results; Record Revenues and EBITDA

Oct 22, 1997 ... KANSAS CITY, Mo., Oct. 22 /PRNewswire/ -- AMC Entertainment Inc. (AMCE) (Amex: AEN) reported record revenues and EBITDA for the second quarter ended October 2, 1997 (13 weeks).Total revenues increased 8.5 percent to $219.6 million from $202.4 million for the same period ...

Quidel Reports FY 1998 Second Quarter Results; Company Returns to Profitability on 26% Sales Increase

Oct 22, 1997 ... SAN DIEGO, Oct. 22 /PRNewswire/ -- QUIDEL Corporation (Nasdaq: QDEL) announced that net sales for its second fiscal quarter ended September 30, 1997 increased 26%, or $2,352,000, to $11,254,000 from $8,902,000 a year ago.The Company returned to profitability in the second ...

Cyprus Amax Minerals Reports 1997 Third Quarter Earnings Of $44 Million, $.42 Per Share

Oct 22, 1997 ... DENVER, Oct. 22 /PRNewswire/ -- Cyprus Amax Minerals Company (NYSE: CYM) today reported 1997 third quarter earnings of $44 million, or 42 cents fully diluted earnings per share, compared with 1996 earnings of $14 million, or 10 cents fully diluted earnings per share.In the ...

Amax Gold Announces Record Third Quarter Production and Lower Cash Costs

Oct 22, 1997 ... DENVER, Oct. 22 /PRNewswire/ -- Amax Gold Inc. (NYSE: AU; Toronto: AXG) today announced a third quarter 1997 net loss of $9.3 million, or $.10 per share, on revenue of $79.6 million compared with a third quarter 1996 net loss of $2.5 million, or $.04 per share, on revenue of $23.4 ...

Richey Reports Third Quarter Results

Oct 22, 1997 ... GARDEN GROVE, Calif., Oct. 22 /PRNewswire/ -- Richey Electronics, Inc. (Nasdaq: RCHY) today announced financial results for its third quarter ended September 26, 1997.Net income for the 1997 third quarter was $1,626,000 ($O.17 per share, fully diluted) compared with net ...

Ethical Holdings plc Reports Preliminary 1997 Year End Results

Oct 22, 1997 ... STIBBINGTON, United Kingdom, Oct. 22 /PRNewswire/ -- Ethical Holdings plc (Nasdaq: ETHCY) today announced preliminary results for the financial year ended August 31, 1997.Highlights for the year were:-- Total revenues up 9% to 15.0m sterling pounds ($24.3m) ...

International Specialty Products Announces Record Third Quarter Results

Oct 22, 1997 ... WAYNE, N.J., Oct. 22 /PRNewswire/ -- International Specialty Products Inc. (NYSE: ISP) reported record third quarter net income of $22.9 million (24 cents per share) versus $20.1 million (21 cents per share) in the third quarter of 1996. The 14% increase in net income, which marked the ...

Tangram Enterprise Solutions, Inc. Reports Record Third Quarter Revenues

Oct 22, 1997 ... CARY, N.C. Oct. 22 /PRNewswire/ --Tangram Enterprise Solutions, Inc. (Nasdaq: TESI), a North Carolina-based software development company specializing in enterprise-wide asset tracking software management solutions, today announced record quarterly revenues for product and services for ...

Fleming Reports 23% Increase in Third Quarter 1997 Adjusted Earnings; Retail Food Segment Adjusted Operating Earnings Up 22%

Oct 22, 1997 ... OKLAHOMA CITY, Oct. 22 /PRNewswire/ -- Fleming Companies, Inc. (NYSE: FLM) announced that adjusted earnings increased 23 percent to $8.7 million, or $0.23 per share, for the third quarter 1997, the 12 weeks ended October 4, 1997, compared to adjusted earnings of $7.1 million, or $0.19 ...

CareerCast Completely Eliminated Manual and Duplicate Job Postings on the Net

Oct 22, 1997 ... CHICAGO, Oct. 22 /PRNewswire/ -- CareerCast, Inc., the Internet's new breed of Career Search Engines has launched their web-site with over 150,000 job listings, new job posting technology and numerous business alliances. CareerCast's large-scale job and resume posting database are ...

When Drivers Talk, Cars Listen: Visteon Showcases New Safety-Related Technology

Oct 22, 1997 ... DEARBORN, Mich., Oct. 22 /PRNewswire/ -- Visteon Automotive Systems is putting safety first with breakthrough technology that lets drivers avoid the distractions of dialing car phones or mapping route locations -- by using simple voice commands.With Visteon's Voice ...

VERITAS Software Articulates Five Essential Elements Of Enterprise Storage Management;

Oct 22, 1997 ... <Pre>Defines Unique Roadmap For Delivery Of Powerful Storage Solutions To The Enterprise </Pre> VERITAS Meets Customer-Defined Requirements For Implementing Strategic Storage Solutions That Deliver Business Continuity, Greater Return On Investment ...

VERITAS Software Brings Intelligent Storage Management To Enterprise Customers With Industry's Most Comprehensive Storage Management Tool Set

Oct 22, 1997 ...VERITAS Storage Manager(TM) Advisor and Planner products to deliver policy- based management, performance-tuning, analysis and forecasting capabilities <Pre> for enterprise-wide distributed storage resources </Pre> NEW YORK, and PARIS, Oct. 22 /PRNewswire/ -- ...

NetRadio Network Debuts the NetRadio NetShow Remote Player Featuring 12 Microsoft NetShow Channels

Oct 22, 1997 ...Now Listeners Can Hear This New Streaming Technology from any Participating <Pre>Web Site </Pre> MINNEAPOLIS, Oct. 22 /PRNewswire/ -- NetRadio Network (http://www.netradio.net) announces a new product roll-out in its marketing ...

Safeguard Scientifics and OAO Technology Solutions, Inc. Announce Commencement of OAO Technology Solutions, Inc. Rights Offering

Oct 22, 1997 ... WAYNE, Penn., Oct. 22 /PRNewswire/ -- Safeguard Scientifics, Inc. (NYSE: SFE), the New York Stock Exchange listed strategic information systems company, announced that the registration statement filed by OAO Technology Solutions, Inc. ("OAO") for the rights offering to Safeguard ...

Safeguard Scientifics Announces Third Quarter Results And Commencement of OAO Rights Offering

Oct 22, 1997 ... WAYNE, Pa., Oct. 22 /PRNewswire/ -- Safeguard Scientifics, Inc. (NYSE: SFE), the New York Stock Exchange listed strategic information systems company, today announced operating results for the third quarter and nine months ended September 30, 1997. Safeguard also announced that the ...

Bell Atlantic Announces Solid Third Quarter Earnings; Adjusted EPS Up 9.6 Percent

Oct 22, 1997 ...Company Targets Sustained 10 to 12 Percent EPS Growth Through 2000, <Pre> Sees Merger Integration Efforts Yielding Additional Savings;$1.5 Billion In Charges Taken In Quarter </Pre> NEW YORK, Oct. 22 /PRNewswire/ -- Bell Atlantic Corp ....

American General Reports 10% Increase in Third Quarter Operating Earnings

Oct 22, 1997 ... HOUSTON, Oct. 22 /PRNewswire/ -- American General Corporation (NYSE: AGC), one of the nation's largest diversified financial services organizations with assets of $79 billion and market capitalization of $14 billion, today reported a 10% increase in third quarter operating earnings to ...

USX Announces the Disposition of the Delhi Group

Oct 22, 1997 ... PITTSBURGH, Oct. 22 /PRNewswire/ -- USX Corporation announced today that it has entered into a definitive agreement for USX to sell its stock in Delhi Gas Pipeline Corporation and the other subsidiaries of USX that comprise all of the Delhi Group to Koch Midstream Enterprises, Inc., an ...

USX Corporation's Marathon Group Recorded Highest Third Quarter Financial Results

Oct 22, 1997 ... <Pre> Earnings Highlights3Q 19973Q 1996 Net income adjusted for special items $166 million $104 million - per share basis$0.58 ...

USX Corporation Reports Significantly Improved Third Quarter Earnings for The U.S. Steel Group

Oct 22, 1997 ... <Pre> Earnings Highlights 3Q 1997 3Q 1996 Net income adjusted for special items $116 million$70 million - per share basis$1.32 ...

POTASH CORPORATION OF SASKATCHEWAN INC. REPORTS RECORD THIRD QUARTER RESULTS, UP 53 PERCENT

Oct 22, 1997 ... SASKATOON, Oct. 22 /CNW-PRN/ - Potash Corporation of Saskatchewan Inc. today reported record third quarter net income of $71.4 million, up 53 percent over the $46.8 million earned in the same period last year. Net sales revenue of $573.8 million was up 68 percent, operating income of ...

Pharmaceutical Product Development Reports 99% Growth in EPS for Third Quarter 1997

Oct 22, 1997 ... WILMINGTON, N.C., Oct. 22 /PRNewswire/ -- Pharmaceutical Product Development, Inc. (Nasdaq: PPDI), a leading contract research organization (CRO), today reported sharply higher income and increased revenues for the third quarter of 1997. Earnings for the third quarter of 1997 jumped ...

Culligan Water Technologies Announces Recommended Offer to Acquire Protean plc

Oct 22, 1997 ... NORTHBROOK, Ill. Oct. 22 /PRNewswire/ -- Culligan Water Technologies, Inc. (NYSE: CUL) announced it has reached agreement with Protean plc, a UK corporation, on the terms of a recommended cash offer to acquire all of Protean's outstanding shares at a price of 240 pence in cash for each ...

Collaborative Clinical Research, Inc. Announces Third Quarter and Nine Month Results

Oct 22, 1997 ... CLEVELAND, Ohio, Oct. 22 /PRNewswire/ -- Collaborative Clinical Research, Inc., (Nasdaq: CCLR) today reported financial results for the third quarter and nine months of 1997.For the third quarter of 1997, Collaborative reported revenues of $3,647,000 and a net loss of ...

Union Texas Petroleum Reports 1997 Third Quarter Results

Oct 22, 1997 ... HOUSTON, Oct. 22 /PRNewswire/ -- Union Texas Petroleum Holdings, Inc. (NYSE: UTH) today reported earnings of 57 cents per share for the third quarter of 1997, compared to 39 cents per share for the same period in 1996. Net income for 1997's third quarter totaled $48 million, versus $34 ...

Federal Filings Launches Business News Analysis Column on Web

Oct 22, 1997 ... WASHINGTON, Oct. 22 /PRNewswire/ -- A new feature available over the Internet explores the possible investment implications of business news developments.Federal Filings Inc., one of Dow Jones & Company's news services, has launched "John Curran, on the news" through its ...

Flagstar Bancorp Announces Third Quarter Earnings

Oct 22, 1997 ... BLOOMFIELD HILLS, Mich., Oct. 22 /PRNewswire/ -- Flagstar Bancorp, Inc. (Nasdaq: FLGS), holding company of Flagstar Bank, FSB, today announced third quarter net earnings of $6.2 million, or $.45 per share, a $8.2 million increase from the comparable period in 1996. The Company's ...

Flagstar Bancorp Announces Initial Dividend

Oct 22, 1997 ... BLOOMFIELD HILLS, Mich., Oct. 22 /PRNewswire/ -- Flagstar Bancorp, Inc. (Nasdaq: FLGS), holding company of Flagstar Bank, FSB, today announced an initial quarterly dividend. The dividend of $.06 per share is to be paid on November 14, 1997 to shareholders of record on October 31, 1997. ...

ZDNet to Expand Content Reach With Branded Channel On WavePhore's WaveTop(TM) Wireless Home PC Service

Oct 22, 1997 ... SAN FRANCISCO, Oct. 22 /PRNewswire/ -- ZDNet and WavePhore, Inc. (Nasdaq: WAVO), today announced the creation of an exclusive branded channel that will allow millions of home PC users to receive free access to computing and Internet content from the ZDNet Website over the television ...

General Surgical Innovations Reports Fiscal 1998 First Quarter Results

Oct 22, 1997 ... CUPERTINO, Calif., Oct. 22 /PRNewswire/ -- General Surgical Innovations, Inc. (GSI) (Nasdaq: GSII) announced today financial results for the first quarter of fiscal 1998 ended September 30, 1997.Total revenues for the first quarter were approximately $2.3 million versus ...

3M Reports Record Third-Quarter, Nine-Month Sales and Profits

Oct 22, 1997 ... ST. PAUL, Minn., Oct. 22 /PRNewswire/ -- Driven by double-digit volume growth and solid productivity gains, 3M (NYSE: MMM) today reported record sales and profits for the third quarter and first nine months of 1997. "3M continues to generate strong growth through innovative ...

Intrenet Announces Record Third Quarter Revenue; Reports Significant Earnings Improvement Over 1996 Period

Oct 22, 1997 ... MILFORD, Ohio, Oct. 22 /PRNewswire/ -- Intrenet, Inc. (Nasdaq: INET) today announced the third quarter and nine month results for 1997.Third Quarter ResultsIntrenet reported record operating revenues for the third quarter ended September 30, 1997 of $64.4 ...

PepsiCo Announces 3rd Quarter Earnings

Oct 22, 1997 ... PURCHASE, N.Y., Oct. 22 /PRNewswire/ -- PepsiCo, Inc. (NYSE: PEP) reported net income per share of $0.42 for the quarter ended September 6, 1997 including $0.35 per share from continuing operations (packaged goods) and $0.07 per share for discontinued operations (restaurants). Excluding ...

TransNet Corporation Announces Record Revenues and Substantial Profit in Year-End Results

Oct 22, 1997 ... BRANCHBURG, N.J., Oct. 22 /PRNewswire/ -- TransNet Corporation (Nasdaq: TRNT) announced its results for the fiscal year ended June 30, 1997.For the fiscal year ended June 30, 1997, TransNet reported earnings of $1,032,567 or $0.20 per share, on record revenues of ...

Tasty Baking Company Reports Third Quarter Results

Oct 22, 1997 ... PHILADELPHIA, Oct. 22 /PRNewswire/ -- Tasty Baking Company (NYSE: TBC), today announced financial results for the third quarter and thirty-nine weeks ended September 27, 1997.For the third quarter, gross sales increased 1.7% to $53.7 million, compared to $52.8 million last ...

American Pad and Paper Company Announces Third Quarter and Nine Months Results

Oct 22, 1997 ... DALLAS, Oct. 22 /PRNewswire/ -- American Pad & Paper Company (NYSE: AGP) today reported results for the third quarter and nine months ended September 30, 1997.Net income for the third quarter was $1.6 million, or $0.06 per share, compared to pro forma net income of $8.9 ...

Penn-America Group, Inc. (Nasdaq: PAGI) Reports 35.3% Increase in Net Operating Earnings to $2.3 Million or $0.25 Per Share for the Quarter Ended September 30, 1997

Oct 22, 1997 ... HATBORO, Pa., Oct. 22 /PRNewswire/ -- Penn-America Group, Inc. (Nasdaq: PAGI) today announced results for the third quarter of 1997, its 16th consecutive profitable quarter since its initial public offering. On July 22, 1997 the company completed a secondary offering of 4,025,000 shares ...

Armco Reports Third Quarter Net Income of $26.7 Million

Oct 22, 1997 ... PITTSBURGH, Oct. 22 /PRNewswire/ -- Armco Inc. (NYSE: AS) reported net income of $26.7 million, or $.21 per share of common stock, in the third quarter of 1997, compared to net income of $16.4 million, or $.11 per share, in the third quarter of 1996.Included in third ...

Allegheny Teledyne Reports Higher Third Quarter Earnings And Continued Improvement in Operating Profit Margins

Oct 22, 1997 ... PITTSBURGH, Oct. 22 /PRNewswire/ -- Allegheny Teledyne Incorporated (NYSE: ALT) today announced that net income for the quarter ended September 30, 1997, was $64.3 million, or $0.37 per share, compared to $19.6 million, or $0.11 per share, in the same year-ago period. Before special ...

Westinghouse Air Brake Company Announces Earnings for 3rd Quarter of 1997

Oct 22, 1997 ... WILMERDING, Pa., Oct. 22 /PRNewswire/ -- Westinghouse Air Brake Company (NYSE: WAB) (WABCO) reported primary earnings per share (EPS) of $.35, $.34 per share on a fully diluted basis, for the quarter ended September 30, 1997, as compared to primary EPS for the corresponding period in the ...

Norfolk Southern Posts Best Ever Quarterly Operating Revenues, Record Income From Operations For Nine Months

Oct 22, 1997 ... NEW YORK, Oct. 22 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) reported record transportation operating revenues and record net income of $203.2 million before Conrail-related items, and net income of $179.5 million after Conrail-related items.Earnings per share ...

First Empire State Declares Quarterly Cash Dividend

Oct 22, 1997 ... BUFFALO, N.Y., Oct. 22 /PRNewswire/ -- First Empire State Corporation ("First Empire") (Amex: FES) announced that its Board of Directors yesterday declared a quarterly cash dividend of eighty cents per share on First Empire's common stock. The dividend will be payable December 31, 1997 ...

Albemarle Corporation Reports Improved Third-Quarter Results

Oct 22, 1997 ... RICHMOND, Va., Oct. 22 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB) reports third-quarter net income of $18.5 million, or 33 cents per share, significantly above third-quarter 1996 net income of $7.9 million, or 14 cents per share. Third-quarter 1997 results benefited primarily ...

PRIMEX Technologies, Inc. Reports 1997 3rd Quarter Results

Oct 22, 1997 ... ST. PETERSBURG, Fla., Oct. 22 /PRNewswire/ -- PRIMEX Technologies, Inc. (Nasdaq: PRMX) reported net income of $3.0 million or $0.55 per share for the third quarter of 1997 compared with the proforma 1996 third quarter loss of $37,000 or $0.01 per share, excluding other charges. Sales ...

MGM Grand, Inc. Reports Best Quarter in The Company's History (Before One-Time Charges and on a Fully Taxed Adjusted Basis)

Oct 22, 1997 ... LAS VEGAS, Oct. 22 /PRNewswire/ -- MGM Grand, Inc. (NYSE: MGG) today reported an all-time record high earnings per share, before one-time charges and extraordinary items, for the third quarter of 1997. Earnings per share (before one-time charges and extraordinary items) for the third ...

Granite Golf Adds Golf Course Lease Arrangement with Golf Trust in Kansas City

Oct 22, 1997 ... PHOENIX, Oct. 22 /PRNewswire/ -- Granite Golf Group, Inc. (BB: GGGI), today announced that the Company has teamed with Golf Trust of America, Inc. (Amex: GTA) on another acquisition/leaseback arrangement, Granite reported the signing of an agreement to lease the Club of the Country, in ...

Texas Biotechnology Initiates Phase IIa Trial for Novel Anti-Inflammatory To Treat Asthma

Oct 22, 1997 ... HOUSTON, Oct. 22 /PRNewswire/ -- Texas Biotechnology Corporation (Amex: TXB) announced today the initiation of a Phase IIa study for TBC1269, a novel non-steroid anti-inflammatory medication for the treatment and prevention of asthma. The Phase IIa trial protocol is designed to evaluate ...