21331009@unknown@formal@none@1@S@The first GAF trial ended in a mistrial after four weeks when U.S. District Judge Mary Johnson Lowe found that a prosecutor improperly, but unintentionally, withheld a document.@@@@1@28@@oe@2-2-2013 21331010@unknown@formal@none@1@S@After 93 hours of deliberation, the jurors in the second trial said they were hopelessly deadlocked, and another mistrial was declared on March 22.@@@@1@24@@oe@2-2-2013 21331011@unknown@formal@none@1@S@Meanwhile, a federal jury found Mr. Bilzerian guilty on securities fraud and other charges in June.@@@@1@16@@oe@2-2-2013 21331012@unknown@formal@none@1@S@A month later, Mr. Jefferies was spared a jail term by a federal judge who praised him for helping the government.@@@@1@21@@oe@2-2-2013 21331013@unknown@formal@none@1@S@In August, Mr. Lewis pleaded guilty to three felony counts.@@@@1@10@@oe@2-2-2013 21331014@unknown@formal@none@1@S@Nevertheless, the stakes are still high for the players directly involved in the GAF case.@@@@1@15@@oe@2-2-2013 21331015@unknown@formal@none@1@S@The mistrials have left the reputations of GAF, Mr. Sherwin and GAF Chairman Samuel Heyman in limbo.@@@@1@17@@oe@2-2-2013 21331016@unknown@formal@none@1@S@For Mr. Sherwin, a conviction could carry penalties of five years in prison and a $250,000 fine on each count.@@@@1@20@@oe@2-2-2013 21331017@unknown@formal@none@1@S@GAF faces potential fines of $500,000 for each count.@@@@1@9@@oe@2-2-2013 21331018@unknown@formal@none@1@S@Individuals familiar with the case said that throughout September, defense attorneys were talking with the government in an effort to prevent a trial, but by the end of the month the talks had ended.@@@@1@34@@oe@2-2-2013 21331019@unknown@formal@none@1@S@There is much speculation among attorneys not involved that the strategy of GAF's attorney, Arthur Liman, and Mr. Sherwin's counsel, Stephen Kaufman, will include testimony by Mr. Sherwin or Mr. Heyman.@@@@1@31@@oe@2-2-2013 21331020@unknown@formal@none@1@S@Neither testified at the previous trials.@@@@1@6@@oe@2-2-2013 21331021@unknown@formal@none@1@S@For now, defense attorneys are tight-lipped about their plans.@@@@1@9@@oe@2-2-2013 21331022@unknown@formal@none@1@S@Max Gitter, another GAF defense attorney, said yesterday, "As we go in for the third time, Yogi Berra's famous line is apt: `It's deja vu all over again.'"@@@@1@28@@oe@2-2-2013 21331023@unknown@formal@none@1@S@DALKON SHIELD CLAIMANTS hope to stop reorganization-plan appeal.@@@@1@8@@oe@2-2-2013 21331024@unknown@formal@none@1@S@Attorneys for more than 18,000 women who claim injuries from the Dalkon Shield contraceptive device have asked the U.S. Supreme Court to refuse to hear an appeal of the bankruptcy-law reorganization plan for A.H. Robins Co., which manufactured the device.@@@@1@40@@oe@2-2-2013 21331025@unknown@formal@none@1@S@The dispute pits two groups of claimants against each other.@@@@1@10@@oe@2-2-2013 21331026@unknown@formal@none@1@S@Baltimore attorney Michael A. Pretl and 17 other attorneys representing 18,136 claimants in the U.S. and abroad argue that the appeal would delay -- and perhaps even destroy -- a $2.38 billion settlement fund that is the centerpiece of the reorganization plan.@@@@1@42@@oe@2-2-2013 21331027@unknown@formal@none@1@S@The bankruptcy-court reorganization is being challenged before the Supreme Court by a dissident group of claimants because it places a cap on the total amount of money available to settle claims.@@@@1@31@@oe@2-2-2013 21331028@unknown@formal@none@1@S@It also bars future suits against Robins company officials, members of the Robins family and Robins's former insurer, Aetna Life & Casualty Co.@@@@1@23@@oe@2-2-2013 21331029@unknown@formal@none@1@S@The latter provision is "legally unprecedented," said Alan B. Morrison, a public interest lawyer in Washington, D.C., who is challenging the plan on behalf of 900 claimants.@@@@1@27@@oe@2-2-2013 21331030@unknown@formal@none@1@S@More than 100,000 claims against Robins are pending.@@@@1@8@@oe@2-2-2013 21331031@unknown@formal@none@1@S@The company made and marketed the Dalkon Shield in the early 1970s amid mounting evidence that it could cause serious injuries.@@@@1@21@@oe@2-2-2013 21331032@unknown@formal@none@1@S@Robins has been in proceedings under Chapter 11 of the U.S. Bankruptcy Code since August 1985; such proceedings give it protection from creditor lawsuits while it works out a plan for paying its debts.@@@@1@34@@oe@2-2-2013 21331033@unknown@formal@none@1@S@American Home Products Corp. wants to acquire Robins, but only if all legal challenges to the plan are exhausted.@@@@1@19@@oe@2-2-2013 21331034@unknown@formal@none@1@S@In a brief filed with the Supreme Court last week, Mr. Pretl criticizes the appeal for raising "abstract" and "theoretical" legal issues, while jeopardizing the proposed reorganization and the settlement payments to claimants.@@@@1@33@@oe@2-2-2013 21331035@unknown@formal@none@1@S@The Supreme Court is scheduled to consider the case Nov. 3 and may issue a decision as early as Nov. 6.@@@@1@21@@oe@2-2-2013 21331036@unknown@formal@none@1@S@JURY'S CRIMINAL CONVICTION under Superfund law is a first.@@@@1@9@@oe@2-2-2013 21331037@unknown@formal@none@1@S@Charles A. Donohoo, sole proprieter of a Louisville, Ky., demolition company, was found guilty of violating the Superfund law as well as the Clean Air Act.@@@@1@26@@oe@2-2-2013 21331038@unknown@formal@none@1@S@Criminal convictions under the federal Superfund law are rare, and the decision is the first jury verdict in such a case.@@@@1@21@@oe@2-2-2013 21331039@unknown@formal@none@1@S@Under Superfund, those who owned, generated or transported hazardous waste are liable for its cleanup, regardless of whether their actions were legal at the time.@@@@1@25@@oe@2-2-2013 21331040@unknown@formal@none@1@S@Environmental lawyers say virtually all of the Superfund cases to date have involved civil penalties designed to insure cleanup of past polluting activities.@@@@1@23@@oe@2-2-2013 21331041@unknown@formal@none@1@S@But Superfund also contains a criminal provision concerning the release of toxic substances into the environment.@@@@1@16@@oe@2-2-2013 21331042@unknown@formal@none@1@S@In 1986 Congress strengthened the penalty by making it a felony.@@@@1@11@@oe@2-2-2013 21331043@unknown@formal@none@1@S@Mr. Donohoo was convicted in Louisville late last month of violating Superfund by failing to report the release of asbestos into the environment from a building he was demolishing.@@@@1@29@@oe@2-2-2013 21331044@unknown@formal@none@1@S@He was also convicted of failing to properly remove asbestos from the building, a violation of the Clean Air Act.@@@@1@20@@oe@2-2-2013 21331045@unknown@formal@none@1@S@The government sought a criminal penalty because "no cleanup is possible here.@@@@1@12@@oe@2-2-2013 21331046@unknown@formal@none@1@S@Once {asbestos} is released into the environment, it can lodge anywhere," says Richard A. Dennis, the assistant U.S. attorney who prosecuted the case.@@@@1@23@@oe@2-2-2013 21331047@unknown@formal@none@1@S@Mr. Donohoo is scheduled to be sentenced Dec. 11.@@@@1@9@@oe@2-2-2013 21331048@unknown@formal@none@1@S@His lawyer could not be reached for comment.@@@@1@8@@oe@2-2-2013 21331049@unknown@formal@none@1@S@Mr. Donohoo faces as much as three years in prison and a $250,000 fine for the Superfund conviction and as much as one year in prison and a $100,000 fine for the violation of the Clean Air Act.@@@@1@38@@oe@2-2-2013 21331050@unknown@formal@none@1@S@TED BUNDY'S LAWYERS switch to victims' side in death-sentence case.@@@@1@10@@oe@2-2-2013 21331051@unknown@formal@none@1@S@Wilmer, Cutler & Pickering, the Washington, D.C., law firm that spent over $1 million fighting the execution of mass-murderer Ted Bundy -- who eventually was executed -- has taken on another death penalty case before the Supreme Court, this time on the side of the family of four murder victims in Arkansas.@@@@1@52@@oe@2-2-2013 21331052@unknown@formal@none@1@S@The law firm has filed a friend-of-the-court brief jointly with the Washington Legal Foundation, a conservative legal group.@@@@1@18@@oe@2-2-2013 21331053@unknown@formal@none@1@S@The key issue in the case, which the law firm is handling without a fee, or pro bono, is whether a person sentenced to death can voluntarily waive his rights of appellate review.@@@@1@33@@oe@2-2-2013 21331054@unknown@formal@none@1@S@The murderer, Ronald Gene Simmons, was convicted of killing 14 people.@@@@1@11@@oe@2-2-2013 21331055@unknown@formal@none@1@S@Another murderer on death row has appealed Mr. Simmons's death sentence in a "next friend" capacity.@@@@1@16@@oe@2-2-2013 21331056@unknown@formal@none@1@S@Wilmer Cutler's brief argues that there is no mandatory appellate review of capital sentences and that the inmate who filed the appeal lacks proper standing.@@@@1@25@@oe@2-2-2013 21331057@unknown@formal@none@1@S@P.J. Mode, Wilmer Cutler's managing partner, says the trial team that represented Mr. Bundy was asked by the firm's pro bono committee whether the new case posed a conflict and that no objections were raised.@@@@1@35@@oe@2-2-2013 21331058@unknown@formal@none@1@S@The coupling of the law firm and the Washington Legal Foundation is odd also, because Wilmer Cutler was one of the firms singled out for criticism two years ago by the conservative legal group for displaying a liberal bias in its pro bono work.@@@@1@44@@oe@2-2-2013 21331059@unknown@formal@none@1@S@"We give them a lot of credit for taking this case," says WLF's Alan Slobodin.@@@@1@15@@oe@2-2-2013 21331060@unknown@formal@none@1@S@THE CASE OF THE FAKE DALIS:@@@@1@6@@oe@2-2-2013 21331061@unknown@formal@none@1@S@In federal court in Manhattan, three defendants pleaded guilty to charges of fraud in connection with the sale of fake Salvador Dali lithographs.@@@@1@23@@oe@2-2-2013 21331062@unknown@formal@none@1@S@James Burke and Larry Evans, formerly owners of the now-defunct Barclay Gallery, and Prudence Clark, a Barclay sales representative, were charged with conducting high-pressure telephone sales in which they misrepresented cheap copies of Dali artwork as signed, limited-edition lithographs.@@@@1@39@@oe@2-2-2013 21331063@unknown@formal@none@1@S@The posters were sold for $1,300 to $6,000, although the government says they had a value of only $53 to $200 apiece.@@@@1@22@@oe@2-2-2013 21331064@unknown@formal@none@1@S@Henry Pitman, the assistant U.S. attorney handling the case, said about 1,000 customers were defrauded and that Barclay's total proceeds from the sales were $3.4 million.@@@@1@26@@oe@2-2-2013 21331065@unknown@formal@none@1@S@Attorneys for Messrs. Burke and Evans and Ms. Clarke said that although their clients admitted to making some misrepresentations in the sales, they had believed that the works were authorized by Mr. Dali, who died in January.@@@@1@37@@oe@2-2-2013 21331066@unknown@formal@none@1@S@The posters were printed on paper pre-signed by Mr. Dali, the attorneys said.@@@@1@13@@oe@2-2-2013 21332001@unknown@formal@none@1@S@Westamerica Bancorp. said Richard W. Decker resigned as president and chief executive officer after only a year on the job because of "differences" with the board.@@@@1@26@@oe@2-2-2013 21332002@unknown@formal@none@1@S@The banking company couldn't be reached to comment beyond a written announcement.@@@@1@12@@oe@2-2-2013 21332003@unknown@formal@none@1@S@It didn't specify the nature of the differences, saying only that they related to "management style" and "strategic objectives."@@@@1@19@@oe@2-2-2013 21332004@unknown@formal@none@1@S@Westamerica said Mr. Decker's posts were assumed by David Payne, Westamerica's chairman, who at 34 years of age becomes one of the youngest chief executives of a sizable bank in the country.@@@@1@32@@oe@2-2-2013 21332005@unknown@formal@none@1@S@Mr. Decker is about 45 years old.@@@@1@7@@oe@2-2-2013 21332006@unknown@formal@none@1@S@Neither Mr. Payne nor Mr. Decker could be reached to comment.@@@@1@11@@oe@2-2-2013 21332007@unknown@formal@none@1@S@Westamerica has about $1.3 billion of assets and is the largest independent bank in northern California.@@@@1@16@@oe@2-2-2013 21332008@unknown@formal@none@1@S@It controls about 35% of the affluent Marin County market across the Golden Gate bridge from San Francisco.@@@@1@18@@oe@2-2-2013 21332009@unknown@formal@none@1@S@Mr. Decker's resignation surprised many industry officials.@@@@1@7@@oe@2-2-2013 21332010@unknown@formal@none@1@S@He was brought to the company in September 1988 after 15 years at Los Angeles-based First Interstate Bancorp.@@@@1@18@@oe@2-2-2013 21332011@unknown@formal@none@1@S@The bank had been suffering in late 1987 from a slew of bad real estate loans made in Arizona.@@@@1@19@@oe@2-2-2013 21332012@unknown@formal@none@1@S@When he was hired, Mr. Payne lauded Mr. Decker's "extraordinary . . . skills" and his "outstanding reputation as one of the West's brightest bankers."@@@@1@25@@oe@2-2-2013 21332013@unknown@formal@none@1@S@Though the bank isn't performing as well as some of its competitors in the lucrative California market, its condition has improved since Mr. Decker took over.@@@@1@26@@oe@2-2-2013 21332014@unknown@formal@none@1@S@For the six months ended June 30, it earned $3.1 million, or 61 cents a share, compared with net income of $2.4 million, or 41 cents a share, a year earlier.@@@@1@31@@oe@2-2-2013 21332015@unknown@formal@none@1@S@Its stock also has risen lately, at least partly because it is considered a possible takeover candidate.@@@@1@17@@oe@2-2-2013 21332016@unknown@formal@none@1@S@Interstate banking is scheduled to begin in California in 1991, and larger California banks, such as Wells Fargo & Co., have been paying fat premiums to buy smaller banks to control markets before any out-of-state banks enter the fray.@@@@1@39@@oe@2-2-2013 21332017@unknown@formal@none@1@S@In American Stock Exchange composite trading yesterday, Westamerica closed at $22.25 a share, down 75 cents.@@@@1@16@@oe@2-2-2013 21333001@unknown@formal@none@1@S@Varian Associates Inc., Palo Alto, Calif., reported fiscal fourth-quarter profit plunged more than 95% to $1 million, or five cents a share, from $24.2 million, or $1.10 a share, in the year-earlier quarter.@@@@1@33@@oe@2-2-2013 21333002@unknown@formal@none@1@S@The diversified electronics company blamed the decline in the quarter ended Sept. 29, on previously reported operating problems in its Electron Devices & Systems Group.@@@@1@25@@oe@2-2-2013 21333003@unknown@formal@none@1@S@For the full fiscal year, Varian posted a 13% profit rise to $31.5 million, or $1.53 a share, up from $27.8 million, or $1.27 a share, last year.@@@@1@28@@oe@2-2-2013 21333004@unknown@formal@none@1@S@Sales for the year rose almost 15% to $1.34 billion from $1.17 billion last year.@@@@1@15@@oe@2-2-2013 21333005@unknown@formal@none@1@S@A profit last year in both the quarter and year included a net gain of $9.6 million, or 44 cents a share, from the sale of a division.@@@@1@28@@oe@2-2-2013 21333006@unknown@formal@none@1@S@Additionally, the full-year profit last year reflected an after-tax restructuring charge of $22.8 million, or $1.04 a share.@@@@1@18@@oe@2-2-2013 21333007@unknown@formal@none@1@S@Shares of Varian, which last month warned there would be a fourth-quarter plunge, closed at $22.75, down 62.5 cents in composite trading on the New York Stock Exchange.@@@@1@28@@oe@2-2-2013 21333008@unknown@formal@none@1@S@Sales rose 18% in the fiscal fourth quarter to $364.1 million from $307.9 million on the strength in semiconductors and other products.@@@@1@22@@oe@2-2-2013 21334001@unknown@formal@none@1@S@In a last-ditch effort to keep its sales force and customer base, Integrated Resources Inc. said it agreed in principle to transfer ownership of its broker-dealer subsidiary to two of its top executives.@@@@1@33@@oe@2-2-2013 21334002@unknown@formal@none@1@S@The financial-services firm, struggling since summer to avoid a bankruptcy-law filing after missing interest payments on about $1 billion of debt, will retain the right to regain the subsidiary.@@@@1@29@@oe@2-2-2013 21334003@unknown@formal@none@1@S@It said it will exercise that right only if it sells substantially all of its other core businesses.@@@@1@18@@oe@2-2-2013 21334004@unknown@formal@none@1@S@It also can sell the right to regain the subsidiary to another party.@@@@1@13@@oe@2-2-2013 21334005@unknown@formal@none@1@S@Also, the broker-dealer subsidiary, Integrated Resources Equity Corp., was renamed Royal Alliance Associates Inc.@@@@1@14@@oe@2-2-2013 21334006@unknown@formal@none@1@S@Because of Integrated's widely reported troubles, the unit's representatives had been requesting a name change.@@@@1@15@@oe@2-2-2013 21334007@unknown@formal@none@1@S@Royal Alliance, to which the 3,900 representatives' licenses will be transferred, is a shell company Integrated owns.@@@@1@17@@oe@2-2-2013 21334008@unknown@formal@none@1@S@In the transaction, Integrated will transfer 100% ownership of the subsidiary to Gerard M. Lavin, executive vice president of Integrated and head of back-office operations at the subsidiary, and Gary W. Krat, executive vice president of the parent and president of the subsidiary.@@@@1@43@@oe@2-2-2013 21334009@unknown@formal@none@1@S@Integrated will pump $3.5 million to $4 million into Royal Alliance as initial funding.@@@@1@14@@oe@2-2-2013 21334010@unknown@formal@none@1@S@In an interview, Mr. Krat said that based on criteria yet to be determined, he expects to distribute 49% of Royal Alliance to the representatives, who sell Integrated's insurance and mutual-fund products.@@@@1@32@@oe@2-2-2013 21334011@unknown@formal@none@1@S@If Integrated regains Royal Alliance, the representatives will retain their 49% ownership.@@@@1@12@@oe@2-2-2013 21334012@unknown@formal@none@1@S@Mr. Krat indicated that completion of the transaction could take several weeks, and it wasn't immediately clear what would happen to the broker-dealer subsidiary if Integrated files for bankruptcy-law protection in the meantime.@@@@1@33@@oe@2-2-2013 21334013@unknown@formal@none@1@S@The subsidiary isn't expected to be profitable for at least one year.@@@@1@12@@oe@2-2-2013 21334014@unknown@formal@none@1@S@If Integrated regains the unit, it would receive any profit the unit reports, even while the unit is independent.@@@@1@19@@oe@2-2-2013 21334015@unknown@formal@none@1@S@If the deal closes, the two officers will draw salaries from the independent operation, not from Integrated.@@@@1@17@@oe@2-2-2013 21334016@unknown@formal@none@1@S@Many aspects of the agreement were worked out Wednesday in Chicago, when Integrated senior managers met with about 150 representatives.@@@@1@20@@oe@2-2-2013 21334017@unknown@formal@none@1@S@"I think it was something that we and they thought was constructive," said Stephen D. Weinroth, chairman and co-chief executive officer of Integrated.@@@@1@23@@oe@2-2-2013 21334018@unknown@formal@none@1@S@Integrated made its announcement after the market closed.@@@@1@8@@oe@2-2-2013 21334019@unknown@formal@none@1@S@In New York Stock Exchange Composite trading, Integrated shares closed at $1.125, up 12.5 cents.@@@@1@15@@oe@2-2-2013 21335001@unknown@formal@none@1@S@The dollar weakened in indecisive trading as foreign-exchange dealers awaited fresh economic news that they hope will jolt the U.S. unit out of its narrow ranges.@@@@1@26@@oe@2-2-2013 21335002@unknown@formal@none@1@S@The Canadian dollar climbed to its highest level against the U.S. dollar since late August, prompting the Bank of Canada to sell the Canadian currency on the market.@@@@1@28@@oe@2-2-2013 21335003@unknown@formal@none@1@S@Traders say that after a week of nervously tracking every development on Wall Street, the foreign-exchange market has settled back to catch its breath ahead of new U.S. economic data.@@@@1@30@@oe@2-2-2013 21335004@unknown@formal@none@1@S@They noted, however, that a 26-point drop in the Dow Jones Industrial Average gave the dollar a sharp nudge downward late in the day.@@@@1@24@@oe@2-2-2013 21335005@unknown@formal@none@1@S@In late New York trading yesterday, the dollar was quoted at 1.8470 marks, down from 1.8578 marks late Friday, and at 141.90 yen, down from 142.43 yen late Friday.@@@@1@29@@oe@2-2-2013 21335006@unknown@formal@none@1@S@Sterling was quoted at $1.6030, up from $1.5885 late Friday.@@@@1@10@@oe@2-2-2013 21335007@unknown@formal@none@1@S@In Tokyo Tuesday, the U.S. currency opened for trading at 141.80 yen, down from Monday's Tokyo close of 142.40 yen.@@@@1@20@@oe@2-2-2013 21335008@unknown@formal@none@1@S@The market's attention is especially focused on a preliminary report on the U.S. third-quarter gross national product, due out Thursday, which could show the economy is continuing to expand at a relatively brisk pace.@@@@1@34@@oe@2-2-2013 21335009@unknown@formal@none@1@S@The consensus view on real GNP, the total value of the U.S. output of goods and services adjusted for inflation, calls for a 2.3% gain on an annual basis, slowing somewhat from the second quarter's 2.5%, but still fairly strong.@@@@1@40@@oe@2-2-2013 21335010@unknown@formal@none@1@S@Few market participants expect the U.S. unit to rally sharply on the news, if it turns out as expected.@@@@1@19@@oe@2-2-2013 21335011@unknown@formal@none@1@S@Many contend that the report may overstate the economy's health and predict the third-quarter figures may be the last vigorous statistics for some time to come.@@@@1@26@@oe@2-2-2013 21335012@unknown@formal@none@1@S@"Everyone is waiting for GNP," says Walter Simon, an assistant treasurer with Bank Julius Baer & Co.@@@@1@17@@oe@2-2-2013 21335013@unknown@formal@none@1@S@"Yet even a relatively strong number -- 2.8% to 2.9% -- won't alter the market's view that the economy is softening."@@@@1@21@@oe@2-2-2013 21335014@unknown@formal@none@1@S@Hubert Pedroli, managing director of foreign exchange at Credit Suisse in New York, adds, "The market sees this as the last piece of good news."@@@@1@25@@oe@2-2-2013 21335015@unknown@formal@none@1@S@Mr. Pedroli notes that the GNP deflator, a measure of inflation, is expected to slow, which would give the Federal Reserve more room to ease key U.S. rates.@@@@1@28@@oe@2-2-2013 21335016@unknown@formal@none@1@S@Analysts predict a 3.5% rise in the deflator, after climbing 4.6% in the second quarter.@@@@1@15@@oe@2-2-2013 21335017@unknown@formal@none@1@S@They note that when an unexpectedly sharp widening in the U.S. trade gap in August was reported earlier this month, hopes for a sustained narrowing of the trade deficit were dashed and sentiment gripped the market that the U.S. economy was losing its momentum.@@@@1@44@@oe@2-2-2013 21335018@unknown@formal@none@1@S@A 190-point plunge in U.S. stock shares compounded the view, they say.@@@@1@12@@oe@2-2-2013 21335019@unknown@formal@none@1@S@"Everyone is extremely convinced the economy is slowing," says one senior New York dealer.@@@@1@14@@oe@2-2-2013 21335020@unknown@formal@none@1@S@"If we're not headed for a recession, we're certainly headed for a major slowdown."@@@@1@14@@oe@2-2-2013 21335021@unknown@formal@none@1@S@While the market expects little reaction from news of U.S. durable goods orders, scheduled for release today, participants note that the figures will probably serve to reinforce this bearish sentiment.@@@@1@30@@oe@2-2-2013 21335022@unknown@formal@none@1@S@U.S. durable goods orders are expected to show a decline of 1.2% in September, according to economists.@@@@1@17@@oe@2-2-2013 21335023@unknown@formal@none@1@S@The anticipated drop follows a 3.9% rise in August.@@@@1@9@@oe@2-2-2013 21335024@unknown@formal@none@1@S@Traders, however, are quick to point out that while there is little enthusiasm for buying dollars, the U.S. unit has found a "natural bottom" at about 1.85 marks and 140 yen.@@@@1@31@@oe@2-2-2013 21335025@unknown@formal@none@1@S@Its resilience around these levels is pegged to persistent investor demand for the greenback, especially in Japan.@@@@1@17@@oe@2-2-2013 21335026@unknown@formal@none@1@S@On the Commodity Exchange in New York, gold for current delivery settled at $367 an ounce, down 30 cents.@@@@1@19@@oe@2-2-2013 21335027@unknown@formal@none@1@S@Estimated volume was a very light one million ounces.@@@@1@9@@oe@2-2-2013 21335028@unknown@formal@none@1@S@In early trading in Hong Kong Tuesday, gold was quoted at $366.79 an ounce.@@@@1@14@@oe@2-2-2013 21336001@unknown@formal@none@1@S@Liz Claiborne Inc., New York, said its third-quarter net income jumped 62%, citing continued strength in apparel sales and the start of shipments of its new product lines: a men's fragrance, large-size women's apparel and casual knitwear.@@@@1@37@@oe@2-2-2013 21336002@unknown@formal@none@1@S@The big apparel maker and retailer said that its net income in the latest quarter increased to $51.1 million, or 58 cents a share, from $31.7 million, or 36 cents a share, a year earlier.@@@@1@35@@oe@2-2-2013 21336003@unknown@formal@none@1@S@Sales in the quarter gained 29% to $410.4 million from $317.7 million a year earlier.@@@@1@15@@oe@2-2-2013 21336004@unknown@formal@none@1@S@Claiborne shares closed yesterday at $25.125, up 50 cents, in national over-the-counter trading.@@@@1@13@@oe@2-2-2013 21336005@unknown@formal@none@1@S@Claiborne's directors also declared its regular cash dividend payment of five cents a share payable on Dec. 5 to shareholders of record at the close of business on Nov. 13.@@@@1@30@@oe@2-2-2013 21336006@unknown@formal@none@1@S@For the nine months, net income rose 48% to $124.2 million, or $1.41 a share, from $83.8 million, or 96 cents a share a year earlier.@@@@1@26@@oe@2-2-2013 21336007@unknown@formal@none@1@S@Sales gained 16% to $1.03 billion from $894 million.@@@@1@9@@oe@2-2-2013 21337001@unknown@formal@none@1@S@Tokyo stocks closed firmer Monday, with the Nikkei index making its fifth consecutive daily gain.@@@@1@15@@oe@2-2-2013 21337002@unknown@formal@none@1@S@Stocks also rose in London, while the Frankfurt market was mixed.@@@@1@11@@oe@2-2-2013 21337003@unknown@formal@none@1@S@In Tokyo, the Nikkei index added 99.14 to 35585.52.@@@@1@9@@oe@2-2-2013 21337004@unknown@formal@none@1@S@The index moved above 35670 at midmorning, nearly reaching the record of 35689.98 set Sept. 28.@@@@1@16@@oe@2-2-2013 21337005@unknown@formal@none@1@S@But the market lost part of the early gains on index-linked investment trust fund selling.@@@@1@15@@oe@2-2-2013 21337006@unknown@formal@none@1@S@In early trading in Tokyo Tuesday, the Nikkei index rose 1.08 points to 35586.60.@@@@1@14@@oe@2-2-2013 21337007@unknown@formal@none@1@S@On Monday, traders noted that some investors took profits against the backdrop of the Nikkei's fast-paced recovery following its plunge last Monday in reaction to the Oct. 13 drop in New York stock prices.@@@@1@34@@oe@2-2-2013 21337008@unknown@formal@none@1@S@But overall buying interest remained strong through Monday, with many observers saying they expect the Nikkei to continue with moderate gains this week.@@@@1@23@@oe@2-2-2013 21337009@unknown@formal@none@1@S@Turnover remained relatively small.@@@@1@4@@oe@2-2-2013 21337010@unknown@formal@none@1@S@Volume on the first section was estimated at 600 million shares, down from 1.03 billion shares Friday.@@@@1@17@@oe@2-2-2013 21337011@unknown@formal@none@1@S@The Tokyo stock price index of first section issues was up 7.81 at 2687.53.@@@@1@14@@oe@2-2-2013 21337012@unknown@formal@none@1@S@Relatively stable foreign currency dealings Monday were viewed favorably by market players, traders said.@@@@1@14@@oe@2-2-2013 21337013@unknown@formal@none@1@S@But institutional investors may wait a little longer to appraise the direction of the U.S. monetary policy and the dollar, traders said.@@@@1@22@@oe@2-2-2013 21337014@unknown@formal@none@1@S@Hiroyuki Wada, general manager of the stock department at Okasan Securities, said Monday's trading was "unfocused."@@@@1@16@@oe@2-2-2013 21337015@unknown@formal@none@1@S@He said investors were picking individual stocks based on specific incentives and the likelihood of a wider price increase over the short term.@@@@1@23@@oe@2-2-2013 21337016@unknown@formal@none@1@S@The selective approach blurred themes such as domestic-demand issues, large-capitalization issues or high-technology shares, which had been providing at least some trading direction over the past few weeks, Mr. Wada said.@@@@1@31@@oe@2-2-2013 21337017@unknown@formal@none@1@S@Investors took profits on major construction shares, which advanced last week, shifting their attention to some midsize companies such as Aoki Corp., Tobishima and Maeda.@@@@1@25@@oe@2-2-2013 21337018@unknown@formal@none@1@S@Aoki gained 60 yen to 1,480 yen ($10.40).@@@@1@8@@oe@2-2-2013 21337019@unknown@formal@none@1@S@Some pharmaceutical shares were popular on rumors related to new products to be introduced at a cancer conference that opened in Nagoya.@@@@1@22@@oe@2-2-2013 21337020@unknown@formal@none@1@S@Teijin was up 15 at 936, and Kyowa Hakko gained 30 to 1,770.@@@@1@13@@oe@2-2-2013 21337021@unknown@formal@none@1@S@Mochida advanced 40 to 4,440.@@@@1@5@@oe@2-2-2013 21337022@unknown@formal@none@1@S@Fujisawa continued to attract investors because of strong earning prospects stemming from a new immune control agent.@@@@1@17@@oe@2-2-2013 21337023@unknown@formal@none@1@S@Fujisawa gained 50 to 2,060.@@@@1@5@@oe@2-2-2013 21337024@unknown@formal@none@1@S@Kikkoman was up 30 to 1,600, receiving investor interest for its land property holdings near Tokyo, a trader said.@@@@1@19@@oe@2-2-2013 21337025@unknown@formal@none@1@S@London prices closed modestly higher in the year's thinnest turnover, a condition that underscored a lack of conviction ahead of a U.K. balance of payments report Tuesday.@@@@1@27@@oe@2-2-2013 21337026@unknown@formal@none@1@S@Limited volume ahead of the September trade data showed the market is nervous, but dealers added that the day's modest gains also signaled some support for London equities.@@@@1@28@@oe@2-2-2013 21337027@unknown@formal@none@1@S@They pegged the support largely to anticipation that Britain's current account imbalance can't be much worse than the near record deficits seen in July and August.@@@@1@26@@oe@2-2-2013 21337028@unknown@formal@none@1@S@"It's a case of the market being too high to buy and too afraid to sell," a senior dealer with Kleinwort Benson Securities said.@@@@1@24@@oe@2-2-2013 21337029@unknown@formal@none@1@S@"It's better to wait."@@@@1@4@@oe@2-2-2013 21337030@unknown@formal@none@1@S@The Financial Times 100-share index finished 10.6 points higher at 2189.7.@@@@1@11@@oe@2-2-2013 21337031@unknown@formal@none@1@S@The 30-share index closed 11.6 points higher at 1772.6.@@@@1@9@@oe@2-2-2013 21337032@unknown@formal@none@1@S@Volume was 276.8 million shares, beneath the year's previous low of 280.5 million shares Sept. 25, the session before the August trade figures were released.@@@@1@25@@oe@2-2-2013 21337033@unknown@formal@none@1@S@Analysts' expectations suggest a September current account deficit of #1.6 billion ($2.54 billion), compared with August's #2.0 billion deficit.@@@@1@19@@oe@2-2-2013 21337034@unknown@formal@none@1@S@Dealers, however, said forecasts are broadly divergent with estimates ranging between #1 billion and #2 billion.@@@@1@16@@oe@2-2-2013 21337035@unknown@formal@none@1@S@"The range of expectations is so broad," a dealer at another major U.K. brokerage firm said, "the deficit may have to be nearer or above #2 billion for it to have any impact on the market."@@@@1@36@@oe@2-2-2013 21337036@unknown@formal@none@1@S@Lucas Industries, a British automotive and aerospace concern, rose 13 pence to 614 pence after it said its pretax profit for the year rose 28%.@@@@1@25@@oe@2-2-2013 21337037@unknown@formal@none@1@S@Share prices on the Frankfurt stock exchange closed narrowly mixed in quiet dealings after recovering most of their early losses.@@@@1@20@@oe@2-2-2013 21337038@unknown@formal@none@1@S@The DAX index eased 0.99 point to end at 1523.22 after falling 5.5 points early in the session.@@@@1@18@@oe@2-2-2013 21337039@unknown@formal@none@1@S@Brokers said the declines early in the day were partly caused by losses of the ruling Christian-Democratic Union in communal elections in the state of Baden-Wuerttemberg.@@@@1@26@@oe@2-2-2013 21337040@unknown@formal@none@1@S@The start of a weeklong conference by the IG Metall metal worker union in Berlin is drawing attention to the impending wage negotiations, which could boost companies' personnel costs next year, they said.@@@@1@33@@oe@2-2-2013 21337041@unknown@formal@none@1@S@But there was little selling pressure, and even small orders at the lower levels sufficed to bring the market back to Friday's opening levels.@@@@1@24@@oe@2-2-2013 21337042@unknown@formal@none@1@S@Traders said the thin trading volume points to continued uncertainty by most investors following last Monday's record 13% loss.@@@@1@19@@oe@2-2-2013 21337043@unknown@formal@none@1@S@The market is still 4% short of its level before the plunge, and analysts aren't sure how long it will take until the DAX has closed that gap.@@@@1@28@@oe@2-2-2013 21337044@unknown@formal@none@1@S@But Norbert Braeuer, chief trader at Hessische Landesbank Girozentrale (Helaba), said he expects share prices to move upward in the coming weeks.@@@@1@22@@oe@2-2-2013 21337045@unknown@formal@none@1@S@Banking stocks were the major gainers Monday amid hope that interest rates have peaked, as Deutsche Bank and Dresdner Bank added 4 marks each to 664 marks ($357) and 326 marks, respectively.@@@@1@32@@oe@2-2-2013 21337046@unknown@formal@none@1@S@Commerzbank gained 1 to 252.5.@@@@1@5@@oe@2-2-2013 21337047@unknown@formal@none@1@S@Auto shares were mixed, as Daimler-Benz firmed 2 to 723, Bayerische Motoren Werke lost the same amount to 554, and Volkswagen inched down 1.4 to 451.6.@@@@1@26@@oe@2-2-2013 21337048@unknown@formal@none@1@S@Elsewhere, prices closed higher in Amsterdam, lower in Zurich, Stockholm and Milan, mixed in Brussels and unchanged in Paris.@@@@1@19@@oe@2-2-2013 21337049@unknown@formal@none@1@S@Shares closed higher in Hong Kong, Singapore and Manila, and were lower in Sydney, Seoul and Taipei.@@@@1@17@@oe@2-2-2013 21337050@unknown@formal@none@1@S@Wellington was closed.@@@@1@3@@oe@2-2-2013 21337051@unknown@formal@none@1@S@Here are price trends on the world's major stock markets, as calculated by Morgan Stanley Capital International Perspective, Geneva.@@@@1@19@@oe@2-2-2013 21337052@unknown@formal@none@1@S@To make them directly comparable, each index is based on the close of 1969 equaling 100.@@@@1@16@@oe@2-2-2013 21337053@unknown@formal@none@1@S@The percentage change is since year-end.@@@@1@6@@oe@2-2-2013 21338001@unknown@formal@none@1@S@Enviropact Inc. said it entered into an agreement in principle to sell its pump and tank division and drilling division to GSX Chemical Services for $4 million.@@@@1@27@@oe@2-2-2013 21338002@unknown@formal@none@1@S@The Miami-based environmental engineering concern said GSX Chemical also will assume about $1.6 million in debt related to those divisions.@@@@1@20@@oe@2-2-2013 21338003@unknown@formal@none@1@S@Further, GSX will buy $1 million of Enviropact common stock, at $2.625 a share, plus an option to acquire an additional $1.5 million of common at the same price, the company said.@@@@1@32@@oe@2-2-2013 21338004@unknown@formal@none@1@S@In American Stock Exchange composite trading yesterday, Enviropact closed at $3 a share, up 25 cents.@@@@1@16@@oe@2-2-2013 21338005@unknown@formal@none@1@S@Enviropact said the two divisions account for about $8 million of the company's $20 million in annual revenue.@@@@1@18@@oe@2-2-2013 21338006@unknown@formal@none@1@S@The transaction is expected to close within about 20 days, the company added.@@@@1@13@@oe@2-2-2013 21338007@unknown@formal@none@1@S@Enviropact said the proceeds will be used as working capital for expansion and to pay its existing tax liability of about $1.5 million that was due Sept. 15.@@@@1@28@@oe@2-2-2013 21338008@unknown@formal@none@1@S@GSX is a unit of Laidlaw Transportation Ltd. of Burlington, Canada.@@@@1@11@@oe@2-2-2013 21339001@unknown@formal@none@1@S@Monday, October 23, 1989@@@@1@4@@oe@2-2-2013 21339002@unknown@formal@none@1@S@The key U.S. and foreign annual interest rates below are a guide to general levels but don't always represent actual transactions.@@@@1@21@@oe@2-2-2013 21339003@unknown@formal@none@1@S@PRIME RATE: 10 1/2%.@@@@1@4@@oe@2-2-2013 21339004@unknown@formal@none@1@S@The base rate on corporate loans at large U.S. money center commercial banks.@@@@1@13@@oe@2-2-2013 21339005@unknown@formal@none@1@S@FEDERAL FUNDS: 8 3/4% high, 8 11/16% low, 8 11/16% near closing bid, 8 3/4% offered.@@@@1@16@@oe@2-2-2013 21339006@unknown@formal@none@1@S@Reserves traded among commercial banks for overnight use in amounts of $1 million or more.@@@@1@15@@oe@2-2-2013 21339007@unknown@formal@none@1@S@Source: Fulton Prebon (U.S.A.) Inc.@@@@1@5@@oe@2-2-2013 21339008@unknown@formal@none@1@S@DISCOUNT RATE: 7%.@@@@1@3@@oe@2-2-2013 21339009@unknown@formal@none@1@S@The charge on loans to depository institutions by the New York Federal Reserve Bank.@@@@1@14@@oe@2-2-2013 21339010@unknown@formal@none@1@S@CALL MONEY: 9 3/4% to 10%.@@@@1@6@@oe@2-2-2013 21339011@unknown@formal@none@1@S@The charge on loans to brokers on stock exchange collateral.@@@@1@10@@oe@2-2-2013 21339012@unknown@formal@none@1@S@COMMERCIAL PAPER placed directly by General Motors Acceptance Corp.: 8.50% 2 to 44 days; 8.25% 45 to 69 days; 8.40% 70 to 89 days; 8.20% 90 to 119 days; 8.05% 120 to 149 days; 7.90% 150 to 179 days; 7.50% 180 to 270 days.@@@@1@44@@oe@2-2-2013 21339013@unknown@formal@none@1@S@COMMERCIAL PAPER: High-grade unsecured notes sold through dealers by major corporations in multiples of $1,000: 8.575% 30 days; 8.50% 60 days; 8.45% 90 days.@@@@1@24@@oe@2-2-2013 21339014@unknown@formal@none@1@S@CERTIFICATES OF DEPOSIT: 8.09% one month; 8.09% two months; 8.06% three months; 8% six months; 7.94% one year.@@@@1@18@@oe@2-2-2013 21339015@unknown@formal@none@1@S@Average of top rates paid by major New York banks on primary new issues of negotiable C.D.s, usually on amounts of $1 million and more.@@@@1@25@@oe@2-2-2013 21339016@unknown@formal@none@1@S@The minimum unit is $100,000.@@@@1@5@@oe@2-2-2013 21339017@unknown@formal@none@1@S@Typical rates in the secondary market:8.60% one month; 8.60% three months; 8.40% six months.@@@@1@14@@oe@2-2-2013 21339018@unknown@formal@none@1@S@BANKERS ACCEPTANCES: 8.50% 30 days; 8.32% 60 days; 8.32% 90 days; 8.16% 120 days; 8.05% 150 days; 7.96% 180 days.@@@@1@20@@oe@2-2-2013 21339019@unknown@formal@none@1@S@Negotiable, bank-backed business credit instruments typically financing an import order.@@@@1@10@@oe@2-2-2013 21339020@unknown@formal@none@1@S@LONDON LATE EURODOLLARS: 8 3/4% to 8 5/8% one month; 8 11/16% to 8 9/16% two months; 8 3/4% to 8 5/8% three months; 8 5/8% to 8 1/2% four months; 8 9/16% to 8 7/16% five months; 8 9/16% to 8 7/16% six months.@@@@1@45@@oe@2-2-2013 21339021@unknown@formal@none@1@S@LONDON INTERBANK OFFERED RATES (LIBOR): 8 3/4% one month; 8 3/4% three months; 8 9/16% six months; 8 1/2% one year.@@@@1@21@@oe@2-2-2013 21339022@unknown@formal@none@1@S@The average of interbank offered rates for dollar deposits in the London market based on quotations at five major banks.@@@@1@20@@oe@2-2-2013 21339023@unknown@formal@none@1@S@FOREIGN PRIME RATES: Canada 13.50%; Germany 9%; Japan 4.875%; Switzerland 8.50%; Britain 15%.@@@@1@13@@oe@2-2-2013 21339024@unknown@formal@none@1@S@These rate indications aren't directly comparable; lending practices vary widely by location.@@@@1@12@@oe@2-2-2013 21339025@unknown@formal@none@1@S@Results of the Monday, October 23, 1989, auction of short-term U.S. government bills, sold at a discount from face value in units of $10,000 to $1 million: 7.52%, 13 weeks; 7.50%, 26 weeks.@@@@1@33@@oe@2-2-2013 21339026@unknown@formal@none@1@S@FEDERAL HOME LOAN MORTGAGE CORP. (Freddie Mac): Posted yields on 30-year mortgage commitments for delivery within 30 days. 9.86%, standard conventional fixed-rate mortgages; 7.875%, 2% rate capped one-year adjustable rate mortgages.@@@@1@31@@oe@2-2-2013 21339027@unknown@formal@none@1@S@Source: Telerate Systems Inc.@@@@1@4@@oe@2-2-2013 21339028@unknown@formal@none@1@S@FEDERAL NATIONAL MORTGAGE ASSOCIATION (Fannie Mae): Posted yields on 30 year mortgage commitments for delivery within 30 days (priced at par). 9.80%, standard conventional fixed-rate mortgages; 8.75%, 6/2 rate capped one-year adjustable rate mortgages.@@@@1@34@@oe@2-2-2013 21339029@unknown@formal@none@1@S@Source: Telerate Systems Inc.@@@@1@4@@oe@2-2-2013 21339030@unknown@formal@none@1@S@MERRILL LYNCH READY ASSETS TRUST: 8.56%.@@@@1@6@@oe@2-2-2013 21339031@unknown@formal@none@1@S@Annualized average rate of return after expenses for the past 30 days; not a forecast of future returns.@@@@1@18@@oe@2-2-2013 21340001@unknown@formal@none@1@S@Bankers Trust New York Corp., as expected, reported a third-quarter loss of $1.42 billion, or $17.39 a share, following its $1.6 billion boost in reserves for losses on loans to less-developed countries.@@@@1@32@@oe@2-2-2013 21340002@unknown@formal@none@1@S@The loss compares with net income of $162.1 million, or $2.01 a share, in the year-earlier period.@@@@1@17@@oe@2-2-2013 21340003@unknown@formal@none@1@S@Interest income rose 29% to about $1.35 billion from $1.05 billion.@@@@1@11@@oe@2-2-2013 21340004@unknown@formal@none@1@S@The New York bank holding company's assets at Sept. 30 climbed to $59.4 billion from $57.9 billion.@@@@1@17@@oe@2-2-2013 21340005@unknown@formal@none@1@S@Excluding the increase in loan-loss reserves, Bankers Trust said third-quarter net income would have increased 11% to $180 million.@@@@1@19@@oe@2-2-2013 21340006@unknown@formal@none@1@S@A number of major banks have posted big losses after sharply increasing loan-loss reserves.@@@@1@14@@oe@2-2-2013 21340007@unknown@formal@none@1@S@Most of the loans in question are to Third World countries in South America.@@@@1@14@@oe@2-2-2013 21340008@unknown@formal@none@1@S@In New York Stock Exchange composite trading yesterday, Bankers Trust fell 12.5 cents to $50.50.@@@@1@15@@oe@2-2-2013 21341001@unknown@formal@none@1@S@BRISTOL-MYERS SQUIBB Co. (New York) --@@@@1@6@@oe@2-2-2013 21341002@unknown@formal@none@1@S@Gerald C. Beddall, 47 years old, was named president of the Clairol division of this pharmaceuticals and health-care company.@@@@1@19@@oe@2-2-2013 21341003@unknown@formal@none@1@S@He succeeds C. Benjamin Brooks Jr., who will retire Nov. 1.@@@@1@11@@oe@2-2-2013 21341004@unknown@formal@none@1@S@Mr. Brooks declined to give his age, but he said his leaving is a normal retirement.@@@@1@16@@oe@2-2-2013 21341005@unknown@formal@none@1@S@Mr. Beddall had been executive vice president of the division since April.@@@@1@12@@oe@2-2-2013 21341006@unknown@formal@none@1@S@Clairol, which makes hair and skin products, was a division of Bristol-Myers Co. before that company's merger with Squibb Corp.@@@@1@20@@oe@2-2-2013 21342001@unknown@formal@none@1@S@Annualized interest rates on certain investments as reported by the Federal Reserve Board on a weekly-average basis:@@@@1@17@@oe@2-2-2013 21342002@unknown@formal@none@1@S@a-Discounted rate.@@@@1@2@@oe@2-2-2013 21342003@unknown@formal@none@1@S@b-Week ended Wednesday, October 18, 1989 and Wednesday October 11, 1989.@@@@1@11@@oe@2-2-2013 21342004@unknown@formal@none@1@S@c-Yields, adjusted for constant maturity.@@@@1@5@@oe@2-2-2013 21343001@unknown@formal@none@1@S@American Telephone & Telegraph Co. said it will spend $20 million to build a factory in Guadalajara, Mexico, to make telephone answering machines.@@@@1@23@@oe@2-2-2013 21343002@unknown@formal@none@1@S@Construction of the 265,000-square-foot facility will begin next year, with production expected to start in late 1991.@@@@1@17@@oe@2-2-2013 21343003@unknown@formal@none@1@S@When fully operational, the Guadalajara factory will employ about 1,500 workers and have annual operating expenses of $5 million to $6 million.@@@@1@22@@oe@2-2-2013 21343004@unknown@formal@none@1@S@An AT&T representative said that the Guadalajara factory will make a full line of answering machines.@@@@1@16@@oe@2-2-2013 21343005@unknown@formal@none@1@S@AT&T already has a factory in Matamoros, Mexico, to make electrical devices.@@@@1@12@@oe@2-2-2013 21343006@unknown@formal@none@1@S@It also purchases data systems products from a manufacturer based in Monterrey.@@@@1@12@@oe@2-2-2013 21344001@unknown@formal@none@1@S@Lucas Industries PLC, a British maker of industrial parts and systems, reported a 28% rise in pretax profit for the year to July 31, helped in particular by a 32% jump in operating profit at its aerospace division.@@@@1@38@@oe@2-2-2013 21344002@unknown@formal@none@1@S@Pretax profit in the latest year climbed to #187.1 million ($297.1 million) from #146.3 million ($232.3 million).@@@@1@17@@oe@2-2-2013 21344003@unknown@formal@none@1@S@Profit after taxes and minority interests but before extraordinary items climbed 27% to #143.4 million from #112.5 million, with earnings per share rising to 85.1 pence ($1.35) from 79.4 pence ($1.26).@@@@1@31@@oe@2-2-2013 21344004@unknown@formal@none@1@S@The results were at the upper end of market expectations, which ranged from #185 million to #188 million.@@@@1@18@@oe@2-2-2013 21345001@unknown@formal@none@1@S@TW Services Inc. posted a $3.3 million third-quarter net loss, compared with a $24.9 million profit, reflecting $60 million of expenses related to its much-publicized proposed takeover by Coniston Partners.@@@@1@30@@oe@2-2-2013 21345002@unknown@formal@none@1@S@The per-share loss for the Paramus, N.J., food-services concern totaled seven cents, compared with earnings of 51 cents a share a year earlier.@@@@1@23@@oe@2-2-2013 21345003@unknown@formal@none@1@S@Revenue rose 5% to $981.7 million from $934.7 million.@@@@1@9@@oe@2-2-2013 21345004@unknown@formal@none@1@S@Coniston, a New York investment partnership, awaits a vote by TW's shareholders, scheduled for Friday, on Coniston's $34-a-share, or $1.66 billion, offer for TW.@@@@1@24@@oe@2-2-2013 21345005@unknown@formal@none@1@S@Nine-month net income dropped 47% to $26.3 million, or 54 cents a share, from $49.7 million, or $1.02 a share.@@@@1@20@@oe@2-2-2013 21345006@unknown@formal@none@1@S@Revenue rose 6% to $2.79 billion from $2.63 billion.@@@@1@9@@oe@2-2-2013 21346001@unknown@formal@none@1@S@Cummins Engine Co., Columbus, Ind., hurt by a drop in engine orders from heavy-truck makers, reported a third-quarter loss of $39.7 million, or $4.12 a share, on essentially flat sales of $807.6 million.@@@@1@33@@oe@2-2-2013 21346002@unknown@formal@none@1@S@In the year-earlier period, the maker of diesel engines and parts had a narrower deficit of $17.6 million, or $1.84 a share, with sales of $808.3 million.@@@@1@27@@oe@2-2-2013 21346003@unknown@formal@none@1@S@A spokeswoman said shipments of truck engines, which provide a higher margin than most of the company's other products, declined 16% from a year earlier.@@@@1@25@@oe@2-2-2013 21346004@unknown@formal@none@1@S@Although Cummins's stock stumbled last month after the company projected a "substantial" third-period loss, the stock also fell $1.125 in composite New York Stock Exchange trading yesterday, to $51.75.@@@@1@29@@oe@2-2-2013 21346005@unknown@formal@none@1@S@It traded as high as $64 a month ago, before the loss projection.@@@@1@13@@oe@2-2-2013 21346006@unknown@formal@none@1@S@For the nine months, the latest loss trimmed net income to $3.6 million, which after payment of preferred dividends represented a 31-cent loss a common share.@@@@1@26@@oe@2-2-2013 21346007@unknown@formal@none@1@S@The year-before loss was $8.4 million, or $1.36 a common share.@@@@1@11@@oe@2-2-2013 21347001@unknown@formal@none@1@S@Exxon Corp. filed suit against the state of Alaska, charging state officials interfered with the oil company's initial efforts to treat last spring's giant oil spill.@@@@1@26@@oe@2-2-2013 21347002@unknown@formal@none@1@S@The action is a counterclaim to a suit filed by Alaska in August against Exxon and six other oil companies.@@@@1@20@@oe@2-2-2013 21347003@unknown@formal@none@1@S@The state's suit alleges that Exxon's response to the spill failed to prevent contamination of hundreds of miles of shoreline along Prince William Sound.@@@@1@24@@oe@2-2-2013 21347004@unknown@formal@none@1@S@That suit and Exxon's countersuit were filed in a state court in Anchorage.@@@@1@13@@oe@2-2-2013 21347005@unknown@formal@none@1@S@Neither suit lists specific dollar claims, largely because damage assessment hasn't yet been completed.@@@@1@14@@oe@2-2-2013 21347006@unknown@formal@none@1@S@Legal strategists say that damage claims against the oil giant and others could well exceed $1 billion.@@@@1@17@@oe@2-2-2013 21347007@unknown@formal@none@1@S@Litigation, if not settled out of court, could drag on for years.@@@@1@12@@oe@2-2-2013 21347008@unknown@formal@none@1@S@Exxon said in its suit that it will seek reimbursement from the state for that part of the cleanup costs and damage claims it says resulted from the state's conduct.@@@@1@30@@oe@2-2-2013 21347009@unknown@formal@none@1@S@The oil company claims that Alaskan officials prevented Exxon from spraying dispersant onto the almost 11 million gallons of oil dumped when one of its tankers ran into an underwater reef.@@@@1@31@@oe@2-2-2013 21347010@unknown@formal@none@1@S@Craig Tillery, an Alaska assistant attorney general, said in an interview last night that Exxon's accusations "are not new.@@@@1@19@@oe@2-2-2013 21347011@unknown@formal@none@1@S@Exxon has made them before, at which point the state demonstrated they were untrue.@@@@1@14@@oe@2-2-2013 21347012@unknown@formal@none@1@S@The state will vigorously defend against any counterclaim."@@@@1@8@@oe@2-2-2013 21347013@unknown@formal@none@1@S@Since the spill last March, Exxon and the state have been wrangling over whether spraying dispersant on the oil in the first hours after the spill, when the weather was clear and calm, would have helped limit the environmental damage.@@@@1@40@@oe@2-2-2013 21347014@unknown@formal@none@1@S@Exxon claims that use of dispersants, which break an oil slick into microscopic droplets, was a crucial part of its immediate-response plan and that state officials banned their use during the two days of fair weather following the spill.@@@@1@39@@oe@2-2-2013 21347015@unknown@formal@none@1@S@The oil company claims that it had permission from the U.S. Environmental Protection Agency prior to the spill to use dispersant during such an incident at the discretion of the U.S. Coast Guard.@@@@1@33@@oe@2-2-2013 21347016@unknown@formal@none@1@S@The state's opposition to the use of dispersants, Exxon says, caused the Coast Guard "to delay granting permission."@@@@1@18@@oe@2-2-2013 21347017@unknown@formal@none@1@S@Alaskan and Coast Guard officials say Exxon's charges aren't relevant because tests conducted during the first two days following the spill showed that the dispersant wasn't working anyway.@@@@1@28@@oe@2-2-2013 21347018@unknown@formal@none@1@S@Use of dispersants was approved when a test on the third day showed some positive results, officials said.@@@@1@18@@oe@2-2-2013 21348001@unknown@formal@none@1@S@Meson Investment Ltd., a Vancouver, B.C.-based investment firm, said it raised its stake in Verit Industries to 8.9% of the common shares outstanding.@@@@1@23@@oe@2-2-2013 21348002@unknown@formal@none@1@S@In a Securities and Exchange Commission filing, Meson said it holds 67,400 Verit common shares, including net purchases of 8,100 shares bought from Oct. 10, 1988, to Oct. 11, 1989, for $3.875 to $7 each.@@@@1@35@@oe@2-2-2013 21348003@unknown@formal@none@1@S@Meson is the personal holding company of Steven Morfey, a Vancouver securities dealer.@@@@1@13@@oe@2-2-2013 21348004@unknown@formal@none@1@S@He said the transaction was made for investment purposes.@@@@1@9@@oe@2-2-2013 21348005@unknown@formal@none@1@S@Officials for Sun Valley, Calif.-based Verit couldn't be reached for comment.@@@@1@11@@oe@2-2-2013 21348006@unknown@formal@none@1@S@In composite trading on the American Stock Exchange, Verit closed unchanged yesterday at $3.875 a share.@@@@1@16@@oe@2-2-2013 21349001@unknown@formal@none@1@S@The House Appropriations Committee approved an estimated $2.85 billion in emergency funding to assist California's recovery from last week's earthquake and to extend further aid to East Coast victims of Hurricane Hugo.@@@@1@32@@oe@2-2-2013 21349002@unknown@formal@none@1@S@The package was termed excessive by the Bush administration, but it also provoked a struggle with influential California lawmakers who sought unsuccessfully to add nearly $1 billion more and waive current restrictions to expedite the distribution of funds.@@@@1@38@@oe@2-2-2013 21349003@unknown@formal@none@1@S@By a 26-7 margin, the committee scuttled the more expensive alternative, and the debate forced a strained confrontation between Appropriations Committee Chairman Jamie Whitten (D., Miss.) and his party's largest state delegation in the House.@@@@1@35@@oe@2-2-2013 21349004@unknown@formal@none@1@S@"I have no regrets about going forward," said Rep. Vic Fazio (D.,Calif.), who sought later to play down the sometimes hostile tone of the long evening meeting.@@@@1@27@@oe@2-2-2013 21349005@unknown@formal@none@1@S@"We are the Golden State," Mr. Fazio said, "and there is a certain amount of jealousy."@@@@1@16@@oe@2-2-2013 21349006@unknown@formal@none@1@S@The $2.85 billion package incorporates $500 million for small-business loans, $1 billion in highway construction funds, and $1.35 billion divided between general emergency assistance and a reserve to be available to President Bush to meet unanticipated costs from the two disasters.@@@@1@41@@oe@2-2-2013 21349007@unknown@formal@none@1@S@The funding is attached to a stopgap bill to keep most of the government operating through Nov. 15.@@@@1@18@@oe@2-2-2013 21349008@unknown@formal@none@1@S@The measure is expected to come before the House today, and Congress is under pressure to complete action before midnight EDT tomorrow, when the current continuing resolution expires.@@@@1@28@@oe@2-2-2013 21349009@unknown@formal@none@1@S@Given California's size and political importance, the White House is eager to appear generous.@@@@1@14@@oe@2-2-2013 21349010@unknown@formal@none@1@S@But in private meetings yesterday, Budget Director Richard Darman argued that only $1.5 billion in new federal appropriations are needed to supplement existing resources.@@@@1@24@@oe@2-2-2013 21349011@unknown@formal@none@1@S@A White House budget office analysis estimates that $500 million -- or half the level in the committee bill -- is needed for highway assistance to meet California's needs, and the administration rejects the notion that new appropriations are needed to finance disaster loans by the Small Business Administration.@@@@1@49@@oe@2-2-2013 21349012@unknown@formal@none@1@S@"Everybody appreciates that it is a national disaster and that we've got to address it," said Mr. Darman, who came to the Capitol to meet with Mr. Whitten and California lawmakers before the committee session.@@@@1@35@@oe@2-2-2013 21349013@unknown@formal@none@1@S@"I would hope very much that we wouldn't end up in a kind of situation where you have a bidding war and then a veto threat."@@@@1@26@@oe@2-2-2013 21349014@unknown@formal@none@1@S@Although this White House pressure was clearly a factor among committee Republicans, no single influence was greater than Mr. Whitten.@@@@1@20@@oe@2-2-2013 21349015@unknown@formal@none@1@S@A master of pork-barrel politics, he had crafted the $2.85 billion package in vintage style and used the full force of his chairmanship to keep the proposal intact and dismiss any alternative.@@@@1@32@@oe@2-2-2013 21349016@unknown@formal@none@1@S@When Mr. Fazio offered the California-backed $3.84 billion plan, Mr. Whitten insisted that the full 14 pages be read aloud by the panel's clerk to underscore the range of legislative changes also sought by the delegation.@@@@1@36@@oe@2-2-2013 21349017@unknown@formal@none@1@S@On the chairman's motion, the California package was subsequently reduced to less-binding report language, and even when this was accepted as such on a voice vote, Mr. Whitten pointedly opposed it.@@@@1@31@@oe@2-2-2013 21349018@unknown@formal@none@1@S@More important than money in many cases are waivers California is seeking on current restrictions covering federal highway funds, such as a $100 million cap on how much any single state can receive in emergency funds in a year.@@@@1@39@@oe@2-2-2013 21349019@unknown@formal@none@1@S@Mr. Whitten's package appears to accomplish this purpose, but the state faces more resistance in its bid for an extended waiver on having to put up any matching funds on repairs completed in the next six months.@@@@1@37@@oe@2-2-2013 21349020@unknown@formal@none@1@S@A member in the House leadership and skilled legislator, Mr. Fazio nonetheless found himself burdened not only by California's needs but by Hurricane Hugo amendments he accepted in a vain effort to build support in the panel.@@@@1@37@@oe@2-2-2013 21349021@unknown@formal@none@1@S@The California Democrat appeared embarrassed by provisions inserted on behalf of owners of private beaches in the Virgin Islands, and lumber interests sought to add another $100 million in federal aid to plant timber on private land in North and South Carolina.@@@@1@42@@oe@2-2-2013 21349022@unknown@formal@none@1@S@California's high-priced real estate puts it in an awkward position, too.@@@@1@11@@oe@2-2-2013 21349023@unknown@formal@none@1@S@One provision last night would have raised the cap on disaster loans to $500,000 from $100,000 per household to accommodate San Francisco losses.@@@@1@23@@oe@2-2-2013 21350001@unknown@formal@none@1@S@Kurzweil Music Systems Inc. said it retained Kidder, Peabody & Co. to study financial alternatives, including the possible sale of the financially struggling company.@@@@1@24@@oe@2-2-2013 21350002@unknown@formal@none@1@S@Kurzweil, Waltham, Mass., makes digital electronic keyboard instruments used by professional recording musicians.@@@@1@13@@oe@2-2-2013 21350003@unknown@formal@none@1@S@It recently introduced a line for the home market.@@@@1@9@@oe@2-2-2013 21350004@unknown@formal@none@1@S@However, Raymond C. Kurzweil, chairman and chief executive, said "The company continues to require additional funding to realize the potential of its technology."@@@@1@23@@oe@2-2-2013 21350005@unknown@formal@none@1@S@In the year's first six months, Kurzweil had a loss of $6.9 million on sales of $11.2 million.@@@@1@18@@oe@2-2-2013 21350006@unknown@formal@none@1@S@Last month its president, John S. Donnelly, resigned citing "management differences" with Mr. Kurzweil.@@@@1@14@@oe@2-2-2013 21351001@unknown@formal@none@1@S@Amtech Systems Inc., Tempe, Ariz., said its preliminary year-end results of operations indicate "substantial improvement" over the previous fiscal year.@@@@1@20@@oe@2-2-2013 21351002@unknown@formal@none@1@S@Amtech, which makes an automated process system that improves the yields of semiconductor manufacturers, said profit for the year ended Sept. 30 rose to more than $800,000 from $446,000 last year.@@@@1@31@@oe@2-2-2013 21351003@unknown@formal@none@1@S@Per-share earnings are estimated at more than 40 cents, up from 22 cents for fiscal 1988.@@@@1@16@@oe@2-2-2013 21351004@unknown@formal@none@1@S@Total revenue is expected to double to more than $22 million from $10.8 million.@@@@1@14@@oe@2-2-2013 21351005@unknown@formal@none@1@S@Amtech, which also provides technical temporary employment services to aerospace, defense, computer and high-tech companies in the Southwest and Baltimore-Washington areas, said its final audited results are due in late November.@@@@1@31@@oe@2-2-2013 21351006@unknown@formal@none@1@S@The company attributed the improvement to strong demand in the semiconductor equipment segment as well as the acquisition of Echelon Service Co. and the inclusion of a full year's results of operations for RTS Inc., compared with seven months' results for the prior year.@@@@1@44@@oe@2-2-2013 21352001@unknown@formal@none@1@S@LDI Corp., Cleveland, said it will offer $50 million in commercial paper backed by lease-rental receivables.@@@@1@16@@oe@2-2-2013 21352002@unknown@formal@none@1@S@The program matches funds raised from the sale of the commercial paper with small to medium-sized leases.@@@@1@17@@oe@2-2-2013 21352003@unknown@formal@none@1@S@LDI termed the paper "non-recourse financing," meaning that investors would be repaid from the lease receivables, rather than directly by LDI Corp.@@@@1@22@@oe@2-2-2013 21352004@unknown@formal@none@1@S@LDI leases and sells data-processing, telecommunications and other high-tech equipment.@@@@1@10@@oe@2-2-2013 21353001@unknown@formal@none@1@S@SHEVARDNADZE ADMITTED that Moscow violated the 1972 ABM treaty.@@@@1@9@@oe@2-2-2013 21353002@unknown@formal@none@1@S@In a foreign-policy address before the Soviet legislature, the foreign minister conceded that the radar station in Krasnoyarsk breached the superpower Anti-Ballistic Missile treaty and said it would be dismantled.@@@@1@30@@oe@2-2-2013 21353003@unknown@formal@none@1@S@Shevardnadze said it took Gorbachev's government four years to determine that the station's location in Siberia violated the accord, as Western arms-control officials have long contended.@@@@1@26@@oe@2-2-2013 21353004@unknown@formal@none@1@S@He also denounced Moscow's nine-year involvement in the war in Afghanistan, saying it involved "gross violations of . . . civil norms and ethics."@@@@1@24@@oe@2-2-2013 21353005@unknown@formal@none@1@S@Secretary of State Baker, in his first major arms-control speech, called for a new military relationship with Moscow to reduce "first strike" nuclear arms.@@@@1@24@@oe@2-2-2013 21353006@unknown@formal@none@1@S@BAY AREA COMMUTERS BATTLED earthquake-related transportation snarls.@@@@1@7@@oe@2-2-2013 21353007@unknown@formal@none@1@S@Travelers crowded into subways, sat in traffic jams on major freeways or waited for buses in the rain, but the massive gridlock anticipated by officials in the San Francisco Bay area never materialized.@@@@1@33@@oe@2-2-2013 21353008@unknown@formal@none@1@S@As the death toll from last week's temblor climbed to 61, the condition of freeway survivor Buck Helm, who spent four days trapped under rubble, improved, hospital officials said.@@@@1@29@@oe@2-2-2013 21353009@unknown@formal@none@1@S@Rescue crews, however, gave up hope that others would be found alive under the collapsed roadway.@@@@1@16@@oe@2-2-2013 21353010@unknown@formal@none@1@S@The House Appropriations Committee approved a $2.85 billion aid package for the quake region, less than the $3.8 billion sought by California officials.@@@@1@23@@oe@2-2-2013 21353011@unknown@formal@none@1@S@Hungary declared itself a democracy and for the first time openly commemorated the anniversary of the 1956 anti-Stalinist uprising that was crushed by the Soviet Union.@@@@1@26@@oe@2-2-2013 21353012@unknown@formal@none@1@S@A crowd estimated at 100,000 held a torch-lit march through Budapest as Acting President Szuros delivered a nationally televised address rejecting communist dominance.@@@@1@23@@oe@2-2-2013 21353013@unknown@formal@none@1@S@About 200,000 East Germans marched in Leipzig and thousands more staged protests in three other cities in a fresh challenge to the Communist leadership to introduce democratic freedoms.@@@@1@28@@oe@2-2-2013 21353014@unknown@formal@none@1@S@In an East Berlin suburb, meanwhile, employees at an electronics plant formed an independent trade union called Reform, a worker spokesman said.@@@@1@22@@oe@2-2-2013 21353015@unknown@formal@none@1@S@The space shuttle Atlantis landed at a desert air strip at Edwards Air Force Base, Calif., ending a five-day mission that dispatched the Jupiter-bound Galileo space probe.@@@@1@27@@oe@2-2-2013 21353016@unknown@formal@none@1@S@The five astronauts returned to Earth about three hours early because high winds had been predicted at the landing site.@@@@1@20@@oe@2-2-2013 21353017@unknown@formal@none@1@S@Fog shrouded the base before touchdown.@@@@1@6@@oe@2-2-2013 21353018@unknown@formal@none@1@S@Explosions shook a Phillips Petroleum Co. plastics plant near Pasadena, Texas, hurling debris and causing a fire visible from 10 miles away.@@@@1@22@@oe@2-2-2013 21353019@unknown@formal@none@1@S@More than 100 people were injured, and a number of workers were missing.@@@@1@13@@oe@2-2-2013 21353020@unknown@formal@none@1@S@Parts of the Houston Ship Channel were closed.@@@@1@8@@oe@2-2-2013 21353021@unknown@formal@none@1@S@The White House said Bush is conferring with leaders of the Senate Intelligence Committee to ease differences over guidelines for CIA agents.@@@@1@22@@oe@2-2-2013 21353022@unknown@formal@none@1@S@The statement came after officials said Bush complained at a private meeting last week that a strict interpretation of a policy requires the U.S. to notify foreign dictators of certain coup plots.@@@@1@32@@oe@2-2-2013 21353023@unknown@formal@none@1@S@Lebanon's Gen. Aoun placed Christian military forces on alert in case of renewed fighting with Syrian-backed Moslems after Lebanon's two main Shiite militias rejected an Arab-sponsored peace accord.@@@@1@28@@oe@2-2-2013 21353024@unknown@formal@none@1@S@The plan, approved by lawmakers and rejected Sunday by Aoun, includes political changes aimed at ending the 14-year-old civil war.@@@@1@20@@oe@2-2-2013 21353025@unknown@formal@none@1@S@NATO defense ministers are expected to call for a reduction in nuclear forces in Europe when the alliance's nuclear planning group convenes a two-day session today in Portugal.@@@@1@28@@oe@2-2-2013 21353026@unknown@formal@none@1@S@The ministers are to reshape NATO's defenses in Western Europe amid fast-paced changes in the Soviet bloc.@@@@1@17@@oe@2-2-2013 21353027@unknown@formal@none@1@S@Iran's President Rafsanjani offered to help gain freedom for Western hostages in Lebanon, but said the assistance was contingent on U.S. aid in resolving the cases of three Iranians kidnapped in Lebanon in 1982 or the release of frozen Iranian assets.@@@@1@41@@oe@2-2-2013 21353028@unknown@formal@none@1@S@Washington rejected the bid, saying the hostages weren't linked to other issues.@@@@1@12@@oe@2-2-2013 21353029@unknown@formal@none@1@S@PLO leader Arafat asked Egypt to seek clarifications from the U.S. on Secretary of State Baker's plan for Mideast peace talks, an aide to Egyptian President Mubarak said.@@@@1@28@@oe@2-2-2013 21353030@unknown@formal@none@1@S@The official stressed that the PLO hasn't rejected the five-point formula.@@@@1@11@@oe@2-2-2013 21353031@unknown@formal@none@1@S@Commonwealth leaders turned to issues ranging from drugs to the world economy after Zimbabwe's President Mugabe called Thatcher's views on South Africa "despicable."@@@@1@23@@oe@2-2-2013 21353032@unknown@formal@none@1@S@At a meeting in Malaysia, Australia and Canada also assailed the British prime minister for criticizing the 49-nation group's call for Pretoria to ease apartheid.@@@@1@25@@oe@2-2-2013 21354001@unknown@formal@none@1@S@CMS Enhancements Inc. said it estimates that sales and earnings for the fiscal first quarter ended Sept. 30 fell somewhat from the year-earlier period.@@@@1@24@@oe@2-2-2013 21354002@unknown@formal@none@1@S@Jim Farooquee, chief executive officer of the Tustin, Calif., computer accessories supplier, said he was "comfortable" with analysts' expectations that CMS would earn between six cents and eight cents a share on revenue of about $42 million.@@@@1@37@@oe@2-2-2013 21354003@unknown@formal@none@1@S@A year earlier, CMS posted profit of $1.1 million, or 13 cents a share, on sales of $48 million.@@@@1@19@@oe@2-2-2013 21354004@unknown@formal@none@1@S@This time, there are 30% more shares outstanding.@@@@1@8@@oe@2-2-2013 21354005@unknown@formal@none@1@S@Mr. Farooquee attributed the decline to an industrywide softening of demand for computer enhancement products.@@@@1@15@@oe@2-2-2013 21355001@unknown@formal@none@1@S@Property Capital Trust said it dropped its plan to liquidate because it wasn't able to realize the value it had expected.@@@@1@21@@oe@2-2-2013 21355002@unknown@formal@none@1@S@It said it will buy back two million shares, or 18.4%, of the total outstanding, and continue operations buying and managing real estate.@@@@1@23@@oe@2-2-2013 21355003@unknown@formal@none@1@S@Property Capital, which is based in Boston, had told shareholders it expected to distribute at least $21 a share, or $229 million, in a liquidation, based on an expected asset sale price of $290 million or more.@@@@1@37@@oe@2-2-2013 21355004@unknown@formal@none@1@S@The company said it didn't receive an offer it wanted to accept.@@@@1@12@@oe@2-2-2013 21355005@unknown@formal@none@1@S@As a result of dropping the liquidation plan, shareholders will have to treat dividends received this year as ordinary income or capital gains rather than as tax free returns of capital, the company said.@@@@1@34@@oe@2-2-2013 21355006@unknown@formal@none@1@S@The share repurchase will be funded mostly from borrowings.@@@@1@9@@oe@2-2-2013 21356001@unknown@formal@none@1@S@A.H. Belo Corp. said its net income was $3.1 million, or 15 cents a share, in the third quarter, more than four times its profit of $663,000, or three cents a share, last year.@@@@1@34@@oe@2-2-2013 21356002@unknown@formal@none@1@S@Included in the results was an adjustment to the Dallas-based company's tax rate that reduced net income by about 10 cents a share, or approximately $2 million.@@@@1@27@@oe@2-2-2013 21356003@unknown@formal@none@1@S@Belo said it increased its effective tax rate to 52% from 47% to account for potential liabilities related to an Internal Revenue Service investigation of its tax returns for the years 1984 through 1988.@@@@1@34@@oe@2-2-2013 21356004@unknown@formal@none@1@S@The newspaper and television owner said it expects the tax adjustment to reduce its net income for the full year by 14 cents, or approximately $2.8 million based on its 20.2 million shares outstanding.@@@@1@34@@oe@2-2-2013 21356005@unknown@formal@none@1@S@For the third quarter, Belo said its revenue increased 11%, to $101.5 million from $91.2 million last year.@@@@1@18@@oe@2-2-2013 21356006@unknown@formal@none@1@S@For the nine months, the company had net income of $15.1 million, or 74 cents a share, up 98% from $7.6 million, or 38 cents a share last year.@@@@1@29@@oe@2-2-2013 21356007@unknown@formal@none@1@S@Revenue grew almost 8% to $301.9 million from $279.8 million last year.@@@@1@12@@oe@2-2-2013 21357001@unknown@formal@none@1@S@A federal judge granted a temporary stay of the California Student Aid Commission's emergency action to stop guaranteeing loans for National Technical Schools, a unit of United Education & Software Inc.@@@@1@31@@oe@2-2-2013 21357002@unknown@formal@none@1@S@The California Student Aid Commission took the action Oct. 15 after a government audit cited National Technical Schools for having courses too short to be eligible for the educational loan program and having a student drop-out rate far in excess of federal standards, and it alleged other serious violations of law and regulations.@@@@1@53@@oe@2-2-2013 21357003@unknown@formal@none@1@S@United Education & Software, a Los Angeles education services company, called the commission's action "precipitous and unwarranted."@@@@1@17@@oe@2-2-2013 21357004@unknown@formal@none@1@S@The court set a hearing on the emergency action for Oct. 30.@@@@1@12@@oe@2-2-2013 21357005@unknown@formal@none@1@S@United Education & Software posted a $250,000 bond against potential losses to the student aid commission and to taxpayers in guaranteeing any more loans for National Technical Schools students prior to the hearing.@@@@1@33@@oe@2-2-2013 21358001@unknown@formal@none@1@S@A decline in Allied-Signal Inc.'s automotive business contributed to flat sales and only slightly higher earnings in the third quarter.@@@@1@20@@oe@2-2-2013 21358002@unknown@formal@none@1@S@Allied-Signal reported that net rose 1.7% to $121 million, or 81 cents a share, from $119 million, or 80 cents a share, the year earlier.@@@@1@25@@oe@2-2-2013 21358003@unknown@formal@none@1@S@Sales slipped 1.3% to $2.82 billion from $2.86 billion.@@@@1@9@@oe@2-2-2013 21358004@unknown@formal@none@1@S@For the nine months, the Morris Township, N.J.-based company, with businesses in aerospace, automotive products and engineered materials, earned $413 million, or $2.77 cents a share, up 15% from $359 million, or $2.40 a share.@@@@1@35@@oe@2-2-2013 21358005@unknown@formal@none@1@S@Sales eased 0.2% to $8.88 billion from $8.90 billion.@@@@1@9@@oe@2-2-2013 21358006@unknown@formal@none@1@S@Chairman Edward L. Hennessy Jr. said that a drop in sales of auto and truck parts contributed to lower earnings in the automotive unit.@@@@1@24@@oe@2-2-2013 21358007@unknown@formal@none@1@S@He also cited unfavorable foreign-exchange rates and a lower tax rate.@@@@1@11@@oe@2-2-2013 21358008@unknown@formal@none@1@S@Earnings for the group declined to $11 million from $33 million last year.@@@@1@13@@oe@2-2-2013 21358009@unknown@formal@none@1@S@Earnings at Allied-Signal's aerospace business rose to $55 million from $41 million a year ago, primarily on higher sales and profit in its engines and auxiliary power units.@@@@1@28@@oe@2-2-2013 21358010@unknown@formal@none@1@S@In New York Stock Exchange composite trading yesterday, Allied-Signal shares closed at $35.125, off 87.5 cents.@@@@1@16@@oe@2-2-2013 21359001@unknown@formal@none@1@S@The National Highway Traffic Safety Administration said it will start enforcing stiffer regulations Jan. 31 for so-called gray-market imports of vehicles.@@@@1@21@@oe@2-2-2013 21359002@unknown@formal@none@1@S@The regulations, required under legislation enacted by Congress last year, will apply to imports of vehicles that weren't built to meet U.S. government auto safety standards and were intended for use in Europe or elsewhere abroad.@@@@1@36@@oe@2-2-2013 21359003@unknown@formal@none@1@S@U.S. officials estimated that gray-market imports total about 2,100 units a year, a small part of the more than three million vehicles exported to the U.S. each year.@@@@1@28@@oe@2-2-2013 21359004@unknown@formal@none@1@S@According to the NHTSA, the new regulations will prohibit anyone other than an importer that has registered with the U.S. government, or a person who has a contract with a registered importer, from permanently importing a vehicle that doesn't meet the U.S. auto safety standards.@@@@1@45@@oe@2-2-2013 21359005@unknown@formal@none@1@S@The registered importer would be required to bring such vehicles into compliance with the U.S. safety standards, compared with the current situation in which anyone can bring in such vehicles and modify them to meet the U.S. standards.@@@@1@38@@oe@2-2-2013 21359006@unknown@formal@none@1@S@Congress tightened auto safety standards for gray-market imports after U.S. auto dealers, including franchised foreign-car dealers, complained that they often were blamed when the second and third buyers of such vehicles found that the cars couldn't meet U.S. auto safety standards.@@@@1@41@@oe@2-2-2013 21360001@unknown@formal@none@1@S@Legent Corp. said it expects to report net income between $6.4 million and $6.9 million, or between 32 cents and 34 cents a share, for its fourth quarter ended Sept. 30.@@@@1@31@@oe@2-2-2013 21360002@unknown@formal@none@1@S@In the year-ago quarter, the software developer reported pro forma earnings of $4.8 million, or 24 cents a share.@@@@1@19@@oe@2-2-2013 21360003@unknown@formal@none@1@S@Vienna, Va.-based Legent said it expects to post revenue for the quarter of more than $31 million, compared with pro forma revenue of $25.2 million in 1988.@@@@1@27@@oe@2-2-2013 21360004@unknown@formal@none@1@S@For the fiscal year, the company said it anticipates reporting earnings of $23 million, or about $1.15 a share, including a charge of about $5.9 million, or 22 cents a share, related to the merger that created Legent out of Duquesne Systems Inc. and Morino Inc. in March 1989.@@@@1@49@@oe@2-2-2013 21360005@unknown@formal@none@1@S@Revenue for fiscal 1989 is expected to exceed $124 million.@@@@1@10@@oe@2-2-2013 21360006@unknown@formal@none@1@S@Pro forma earnings for fiscal 1988 were $19.6 million, or 99 cents a share, on revenue of $97.2 million.@@@@1@19@@oe@2-2-2013 21360007@unknown@formal@none@1@S@The company attributed much of the growth in earnings to increased demand for its systems productivity software.@@@@1@17@@oe@2-2-2013 21361001@unknown@formal@none@1@S@Archive Corp. said it expects to report net income for its fiscal year ended Sept. 29 of a record $15 million, or $1.15 a share, up 43% from $10.5 million, or 80 cents a share, for the prior year.@@@@1@39@@oe@2-2-2013 21361002@unknown@formal@none@1@S@The Costa Mesa, Calif., maker of computer tape drives also projected record revenue for the year of $181 million, up from $122.7 million for the previous year.@@@@1@27@@oe@2-2-2013 21361003@unknown@formal@none@1@S@Archive attributed the gains to strong demand for its products, continued growth of the reseller market and the acquisition of Maynard Electronics in February, which accounted for about 14% of the company's revenue.@@@@1@33@@oe@2-2-2013 21362001@unknown@formal@none@1@S@Detrex Corp. said a reserve it is establishing to cover expected pollution cleanup costs at an Ohio plant reduced its third-quarter net income by $1.9 million.@@@@1@26@@oe@2-2-2013 21362002@unknown@formal@none@1@S@Detrex, which has annual sales of about $100 million, declined to say if it would post a loss in the third quarter.@@@@1@22@@oe@2-2-2013 21362003@unknown@formal@none@1@S@The Southfield, Mich.-based company earned $774,000 in the quarter last year.@@@@1@11@@oe@2-2-2013 21362004@unknown@formal@none@1@S@Detrex is setting aside $3.1 million for the cleanup, but said the reserve reduced its quarterly income by only $1.9 million because of tax considerations.@@@@1@25@@oe@2-2-2013 21362005@unknown@formal@none@1@S@In addition, the manufacturer said it signed a consent decree with Ohio to build a $1.4 million pollution-control facility at the Ashtabula chemical manufacturing plant by Aug. 1, 1990.@@@@1@29@@oe@2-2-2013 21362006@unknown@formal@none@1@S@Detrex said it is one of at least 17 companies notified by the Environmental Protection Agency that they may be potentially responsible for cleaning up the Fields Brook watershed near Detrex's Ashtabula plant at a total cost the EPA estimates at $48 million -- a figure Detrex said the companies dispute.@@@@1@51@@oe@2-2-2013 21363001@unknown@formal@none@1@S@First Executive Corp. said about 96% of the rights to purchase its depositary shares and warrants have been exercised.@@@@1@19@@oe@2-2-2013 21363002@unknown@formal@none@1@S@Of the 17.6 million rights units issued, just under 17 million were exercised before the Oct. 10 expiration of the offering, the insurance holding company said.@@@@1@26@@oe@2-2-2013 21363003@unknown@formal@none@1@S@Remaining units will be sold to the underwriters, Drexel Burnham Lambert Inc. and Kidder, Peabody & Co., which will also purchase an over-allotment of 2.3 million additional units.@@@@1@28@@oe@2-2-2013 21363004@unknown@formal@none@1@S@First Executive said the offering will raise about $299 million -- minus underwriting fees and other expenses -- that the company plans to use to write new life insurance and annuity business.@@@@1@32@@oe@2-2-2013 21363005@unknown@formal@none@1@S@In addition, analysts have viewed the rights offering as a takeover defense that prospectively balloons the number of shares outstanding.@@@@1@20@@oe@2-2-2013 21363006@unknown@formal@none@1@S@Each of the units consists of two warrants, each of which could be used to purchase a half-share of common stock, and one depositary preference share.@@@@1@26@@oe@2-2-2013 21363007@unknown@formal@none@1@S@Depositary shares are convertible into common stock on a 1-to-1 basis.@@@@1@11@@oe@2-2-2013 21363008@unknown@formal@none@1@S@Currently, the company has about 88.1 million common shares outstanding.@@@@1@10@@oe@2-2-2013 21363009@unknown@formal@none@1@S@In over-the-counter trading Monday, the stock closed at $10.625, off 37.5 cents.@@@@1@12@@oe@2-2-2013 21364001@unknown@formal@none@1@S@UNITED AIR'S PARENT quashed any prospects for an immediate revival of the labor-management buy-out, saying UAL should remain independent for now.@@@@1@21@@oe@2-2-2013 21364002@unknown@formal@none@1@S@Also, UAL Chairman Stephen Wolf pulled out of the buy-out effort to focus on running the company.@@@@1@17@@oe@2-2-2013 21364003@unknown@formal@none@1@S@The two developments leave the airline with several problems, including an unsettled labor situation.@@@@1@14@@oe@2-2-2013 21364004@unknown@formal@none@1@S@Stock prices fell and bonds rose as worries mounted about the economy and the junk bond market.@@@@1@17@@oe@2-2-2013 21364005@unknown@formal@none@1@S@The Dow Jones industrials sank 26.23 points, to 2662.91.@@@@1@9@@oe@2-2-2013 21364006@unknown@formal@none@1@S@The dollar also declined.@@@@1@4@@oe@2-2-2013 21364007@unknown@formal@none@1@S@The turmoil in junk bonds may last for years, investors and traders say.@@@@1@13@@oe@2-2-2013 21364008@unknown@formal@none@1@S@Even Drexel is pulling back.@@@@1@5@@oe@2-2-2013 21364009@unknown@formal@none@1@S@Santa Fe Pacific plans to sell 20% of its large real estate unit to a California pension fund for $400 million and spin the rest off to shareholders.@@@@1@28@@oe@2-2-2013 21364010@unknown@formal@none@1@S@The proposal values the company's real estate operation at $2 billion.@@@@1@11@@oe@2-2-2013 21364011@unknown@formal@none@1@S@Time Warner reported a $176 million loss for the third quarter, reflecting the cost of the recent merger and a method of accounting for the deal.@@@@1@26@@oe@2-2-2013 21364012@unknown@formal@none@1@S@Thrifts continued to shed assets in August, mainly to comply with stiffer capital rules under the S&L bailout law.@@@@1@19@@oe@2-2-2013 21364013@unknown@formal@none@1@S@Also, withdrawals exceeded deposits by $5.1 billion in the month.@@@@1@10@@oe@2-2-2013 21364014@unknown@formal@none@1@S@Exxon's profit fell 9% in the third quarter, hurt by sagging results at two of its three main businesses.@@@@1@19@@oe@2-2-2013 21364015@unknown@formal@none@1@S@Phillips and Arco posted declines.@@@@1@5@@oe@2-2-2013 21364016@unknown@formal@none@1@S@Ashland had a loss.@@@@1@4@@oe@2-2-2013 21364017@unknown@formal@none@1@S@Amerada Hess and Occidental Petroleum had gains.@@@@1@7@@oe@2-2-2013 21364018@unknown@formal@none@1@S@Ogilvy's chairman, Kenneth Roman, is leaving to take a top post at American Express.@@@@1@14@@oe@2-2-2013 21364019@unknown@formal@none@1@S@His resignation follows a hostile takeover of the ad agency in May by WPP of Britain.@@@@1@16@@oe@2-2-2013 21364020@unknown@formal@none@1@S@The Justice Department took steps that could restrict the use by prosecutors of criminal racketeering charges against white-collar defendants.@@@@1@19@@oe@2-2-2013 21364021@unknown@formal@none@1@S@Shearson was sued by money manager George Soros, who claimed one of his funds was defrauded out of $60 million during stock-index futures trading just after the 1987 crash.@@@@1@29@@oe@2-2-2013 21364022@unknown@formal@none@1@S@Drexel's efforts to settle its legal troubles are being resisted by at least 10 states.@@@@1@15@@oe@2-2-2013 21364023@unknown@formal@none@1@S@Some may try to revoke the firm's license to sell securities.@@@@1@11@@oe@2-2-2013 21364024@unknown@formal@none@1@S@Prime Computer plans to dismiss 20% of its work force to cut costs following its recent leveraged buy-out.@@@@1@18@@oe@2-2-2013 21364025@unknown@formal@none@1@S@The action renews concern about buyouts in high-tech industries.@@@@1@9@@oe@2-2-2013 21364026@unknown@formal@none@1@S@Paribas plans a bid for another big French financial and industrial firm, Navigation Mixte, a sign Europe's takeover fever hasn't cooled.@@@@1@21@@oe@2-2-2013 21364027@unknown@formal@none@1@S@Qintex Australia unveiled plans to restructure and sell assets to try to ease its financial problems.@@@@1@16@@oe@2-2-2013 21364028@unknown@formal@none@1@S@Union Carbide's earnings plunged 35% in the third quarter, reflecting weakness in the company's core chemicals and plastics businesses.@@@@1@19@@oe@2-2-2013 21364029@unknown@formal@none@1@S@Japan's Daiwa Securities named Masahiro Dozen president.@@@@1@7@@oe@2-2-2013 21364030@unknown@formal@none@1@S@The rapid advance of the 52-year-old executive surprised many at the company.@@@@1@12@@oe@2-2-2013 21364031@unknown@formal@none@1@S@Markets --@@@@1@2@@oe@2-2-2013 21364032@unknown@formal@none@1@S@Stocks: Volume 135,860,000 shares.@@@@1@4@@oe@2-2-2013 21364033@unknown@formal@none@1@S@Dow Jones industrials 2662.91, off 26.23; transportation 1236.66, up 5.86; utilities 215.35, off 0.13.@@@@1@14@@oe@2-2-2013 21364034@unknown@formal@none@1@S@Bonds: Shearson Lehman Hutton Treasury index 3411.08, up@@@@1@8@@oe@2-2-2013 21364035@unknown@formal@none@1@S@Commodities: Dow Jones futures index 129.49, off 0.13; spot index 131.64, up 0.30.@@@@1@13@@oe@2-2-2013 21364036@unknown@formal@none@1@S@Dollar: 141.90 yen, off 0.53; 1.8470 marks, off 0.0108.@@@@1@9@@oe@2-2-2013 21365001@unknown@formal@none@1@S@The Justice Department has revised certain internal guidelines and clarified others in a move that could restrict the use of criminal racketeering charges against white-collar defendants.@@@@1@26@@oe@2-2-2013 21365002@unknown@formal@none@1@S@The most significant changes in department policy are new requirements that federal prosecutors avoid disrupting "the normal business functions" of companies charged under the racketeering law, a senior department official said.@@@@1@31@@oe@2-2-2013 21365003@unknown@formal@none@1@S@Another important revision of department policy is a new guideline warning prosecutors "not to take steps that would harm innocent third parties" in a case brought under the racketeering law, the official, David Runkel, said.@@@@1@35@@oe@2-2-2013 21365004@unknown@formal@none@1@S@The department distributed the revisions and clarifications to U.S. attorneys around the country this summer as part of a routine process of updating prosecutorial guidelines, Mr. Runkel said.@@@@1@28@@oe@2-2-2013 21365005@unknown@formal@none@1@S@The changes apply to prosecutions brought under the Racketeer Influenced and Corrupt Organizations law.@@@@1@14@@oe@2-2-2013 21365006@unknown@formal@none@1@S@Under that law, defendants who allegedly commit a pattern of crimes by means of a "criminal enterprise" may be charged with racketeering and forced to forfeit the proceeds of the enterprise.@@@@1@31@@oe@2-2-2013 21365007@unknown@formal@none@1@S@The RICO law has come under criticism from some defendants and defense lawyers.@@@@1@13@@oe@2-2-2013 21365008@unknown@formal@none@1@S@They argue that the rights of RICO defendants and third parties not named in RICO indictments have been unfairly damaged.@@@@1@20@@oe@2-2-2013 21365009@unknown@formal@none@1@S@The department's most significant clarification of existing RICO policy is a directive to prosecutors that they should seek to seize assets from defendants "in proportion" to the nature of the alleged offense, Mr. Runkel said.@@@@1@35@@oe@2-2-2013 21365010@unknown@formal@none@1@S@"That means that if the offense deals with one part of the business, you don't attempt to seize the whole business; you attempt to seize assets related to the crime," he explained.@@@@1@32@@oe@2-2-2013 21365011@unknown@formal@none@1@S@In general, the thrust of the department's directive is to encourage prosecutors to limit pretrial asset seizures if there are less intrusive means of protecting assets the government may subsequently be able to seize after a conviction, Mr. Runkel said.@@@@1@40@@oe@2-2-2013 21366001@unknown@formal@none@1@S@It was the kind of snubbing rarely seen within the Congress, let alone within the same party.@@@@1@17@@oe@2-2-2013 21366002@unknown@formal@none@1@S@Sen. Alan Cranston trekked over to the House side of Capitol Hill a few days ago and volunteered his testimony to fellow Democrat Rep. Henry Gonzalez.@@@@1@26@@oe@2-2-2013 21366003@unknown@formal@none@1@S@It was offered as an expression of cooperation to Mr. Gonzalez, who is investigating the $2.5 billion failure of Lincoln Savings & Loan Association.@@@@1@24@@oe@2-2-2013 21366004@unknown@formal@none@1@S@But instead of thanks, Sen. Cranston was treated with cool formality.@@@@1@11@@oe@2-2-2013 21366005@unknown@formal@none@1@S@"Every witness receives a formal subpoena," Rep. Gonzalez told him.@@@@1@10@@oe@2-2-2013 21366006@unknown@formal@none@1@S@Seldom have House hearings caused so much apprehension in the Senate, where California Sen. Cranston and four other senators were already writhing in the glare of unfavorable publicity over the alleged looting of Lincoln by their friend and political benefactor, Charles Keating Jr., principal stockholder of Lincoln's parent company, American Continental Corp. of Phoenix, Ariz.@@@@1@55@@oe@2-2-2013 21366007@unknown@formal@none@1@S@At the first day of the House Banking Committee's hearings last week, William Seidman, chairman of the Resolution Trust Corp., the federal agency created to sell sick thrifts, said the agency is investigating whether Lincoln made illegal political contributions.@@@@1@39@@oe@2-2-2013 21366008@unknown@formal@none@1@S@Mr. Keating arranged nearly $1 million in donations to Sen. Cranston and his various political causes, and hundreds of thousands more to other lawmakers.@@@@1@24@@oe@2-2-2013 21366009@unknown@formal@none@1@S@Future witnesses include a former federal S&L regulator who has accused the five senators of attempting to "subvert" the regulatory process by intervening on behalf of Mr. Keating.@@@@1@28@@oe@2-2-2013 21366010@unknown@formal@none@1@S@Unlike many lawmakers, Chairman Gonzalez says he considers intervening with regulators to be improper.@@@@1@14@@oe@2-2-2013 21366011@unknown@formal@none@1@S@"When you reach a point where a policy-making body is trying to shape administrative decisions, then that's a no-no in my book," the Texas lawmaker says.@@@@1@26@@oe@2-2-2013 21366012@unknown@formal@none@1@S@And he has attached himself to the Lincoln story tenaciously.@@@@1@10@@oe@2-2-2013 21366013@unknown@formal@none@1@S@"Unless the questions are answered, I will keep on going."@@@@1@10@@oe@2-2-2013 21366014@unknown@formal@none@1@S@Lawmakers often are reluctant to embarrass colleagues, even those of opposing political parties.@@@@1@13@@oe@2-2-2013 21366015@unknown@formal@none@1@S@In the recent Housing and Urban Development Department scandal, for example, Rep. Thomas Lantos, the California Democrat who led the hearings, tiptoed through embarrassing disclosures about HUD grants secured by Sen. Alfonse D'Amato, a New York Republican.@@@@1@37@@oe@2-2-2013 21366016@unknown@formal@none@1@S@But Chairman Gonzalez is a genuine maverick.@@@@1@7@@oe@2-2-2013 21366017@unknown@formal@none@1@S@He comes from the same political line as Wright Patman, a bank-baiting Texas populist who chaired the Banking Committee until 1974.@@@@1@21@@oe@2-2-2013 21366018@unknown@formal@none@1@S@Mr. Gonzalez is also a stickler for ethical standards who refuses to accept honorariums and who believes in conducting official business in the open.@@@@1@24@@oe@2-2-2013 21366019@unknown@formal@none@1@S@Early in his political career, as a city councilman in San Antonio, he walked out of a meeting when political supporters asked that the police chief be replaced, denouncing the closed-door affair publicly as a "bat-roost meeting."@@@@1@37@@oe@2-2-2013 21366020@unknown@formal@none@1@S@The immediate target of Rep. Gonzalez's inquiry is Danny Wall, chairman of the Office of Thrift Supervision.@@@@1@17@@oe@2-2-2013 21366021@unknown@formal@none@1@S@As the principal regulator of the thrift industry, Mr. Wall delayed seizing Lincoln S&L for more than two years after his staff told him that the California thrift was insolvent and that potential losses to taxpayers were growing rapidly.@@@@1@39@@oe@2-2-2013 21366022@unknown@formal@none@1@S@Rep. Gonzalez seems primed to lash out at Mr. Wall when hearings resume Thursday with testimony by two federal regulators from San Francisco, William Black and Mike Patriarca.@@@@1@28@@oe@2-2-2013 21366023@unknown@formal@none@1@S@Mr. Wall relieved them of responsibility for supervising Lincoln in 1988.@@@@1@11@@oe@2-2-2013 21366024@unknown@formal@none@1@S@Mr. Gonzalez expressed concern over a report that the two had been summoned to Washington by Mr. Wall last week to discuss their testimony in advance.@@@@1@26@@oe@2-2-2013