21878017@unknown@formal@none@1@S@The quake postponed the third and fourth games of the World Series.@@@@1@12@@oe@2-2-2013 21878018@unknown@formal@none@1@S@In place of the games, ABC said it planned to broadcast next week's episodes of its prime-time Wednesday and Thursday lineups, except for a one-hour special on the earthquake at 10 p.m. last night.@@@@1@34@@oe@2-2-2013 21878019@unknown@formal@none@1@S@The series is scheduled to resume Tuesday evening in San Francisco.@@@@1@11@@oe@2-2-2013 21878020@unknown@formal@none@1@S@"There are no commercials to make up for since we're going to eventually broadcast the World Series," said a network spokesman.@@@@1@21@@oe@2-2-2013 21879001@unknown@formal@none@1@S@Pinnacle West Capital Corp. said it suspended indefinitely its common stock dividend and reported a 91% plunge in third-quarter net income.@@@@1@21@@oe@2-2-2013 21879002@unknown@formal@none@1@S@The announcement, made after the close of trading, caught analysts by surprise.@@@@1@12@@oe@2-2-2013 21879003@unknown@formal@none@1@S@The company closed at $12 a share, down 62.5 cents, in composite trading on the New York Stock Exchange.@@@@1@19@@oe@2-2-2013 21879004@unknown@formal@none@1@S@Pinnacle West slashed its quarterly dividend to 40 cents per share from 70 cents in December, saying at the time that it believed the new, lower dividend was "sustainable."@@@@1@29@@oe@2-2-2013 21879005@unknown@formal@none@1@S@A company spokesman said the decision to eliminate the dividend resulted from a quarterly appraisal and that circumstances had changed since the December announcement.@@@@1@24@@oe@2-2-2013 21879006@unknown@formal@none@1@S@He declined to elaborate.@@@@1@4@@oe@2-2-2013 21879007@unknown@formal@none@1@S@Edward J. Tirello Jr., an analyst at Shearson Lehman Hutton Inc., speculated that the sudden dividend elimination presages an expensive agreement with thrift regulators over the company's insolvent MeraBank savings and loan unit.@@@@1@33@@oe@2-2-2013 21879008@unknown@formal@none@1@S@Analysts have estimated that Pinnacle West may have to inject between $300 million and $400 million into the MeraBank unit before turning the thrift over to federal regulators.@@@@1@28@@oe@2-2-2013 21879009@unknown@formal@none@1@S@The latest financial results at the troubled utility and thrift holding company, based in Phoenix, Ariz., reflect continuing problems at MeraBank and losses in real-estate, venture-capital and uranium-mining operations.@@@@1@29@@oe@2-2-2013 21879010@unknown@formal@none@1@S@Third-quarter net income slid to $5.1 million, or six cents a share, from $56 million, or 65 cents, a year earlier.@@@@1@21@@oe@2-2-2013 21879011@unknown@formal@none@1@S@Utility operations, the only company unit operating in the black in the latest period, had a 26% drop in profit, to $86.3 million, largely as a result of outages at the company's huge Palo Verde nuclear facility and the cost of purchased replacement power.@@@@1@44@@oe@2-2-2013 21879012@unknown@formal@none@1@S@In other operations, losses at MeraBank totaled $85.7 million in the latest quarter, compared with a $2.5 million profit a year earlier.@@@@1@22@@oe@2-2-2013 21879013@unknown@formal@none@1@S@The latest quarter includes a $42.7 million addition to loan-loss reserves.@@@@1@11@@oe@2-2-2013 21879014@unknown@formal@none@1@S@As recently as August, the company said it didn't foresee a need for substantial additions to reserves.@@@@1@17@@oe@2-2-2013 21879015@unknown@formal@none@1@S@Pinnacle's SunCor Development Co. real-estate unit's loss narrowed to $13.8 million from $78.4 million.@@@@1@14@@oe@2-2-2013 21879016@unknown@formal@none@1@S@The latest period included a $9 million write-down on undeveloped land, while the year-earlier period included a $46 million reserve for real-estate losses.@@@@1@23@@oe@2-2-2013 21879017@unknown@formal@none@1@S@Losses at its Malapai Resources Co. uranium-mining unit narrowed to $3.4 million from $18 million a year ago, which included a $9 million write-down of utility inventories.@@@@1@27@@oe@2-2-2013 21879018@unknown@formal@none@1@S@Losses at El Dorado Investment Co., the venture-capital operation, widened to $6.8 million from $425,000 a year earlier.@@@@1@18@@oe@2-2-2013 21879019@unknown@formal@none@1@S@The latest quarter included a $6.6 million write-down of investments.@@@@1@10@@oe@2-2-2013 21880001@unknown@formal@none@1@S@Equitec Financial Group said it will ask as many as 100,000 investors in 12 of its public real-estate limited partnerships to give approval to rolling them up into a new master limited partnership.@@@@1@33@@oe@2-2-2013 21880002@unknown@formal@none@1@S@Under the proposal by Equitec, a financially troubled real-estate syndicator, New York-based Hallwood Group Inc. would replace Equitec as the newly formed master limited partnership's general partner and manager.@@@@1@29@@oe@2-2-2013 21880003@unknown@formal@none@1@S@Shares of the new partnership would trade on an exchange like a stock.@@@@1@13@@oe@2-2-2013 21880004@unknown@formal@none@1@S@Hallwood is a merchant bank whose activities include the ownership, management and financial restructuring of shopping centers, office buildings, apartments and other real estate.@@@@1@24@@oe@2-2-2013 21880005@unknown@formal@none@1@S@In a statement, Equitec Chairman Richard L. Saalfeld said the transfer will benefit both the company and investors in the 12 limited partnerships included in the proposed rollup.@@@@1@28@@oe@2-2-2013 21880006@unknown@formal@none@1@S@While he didn't describe the partnerships' financial condition, he said their operations "continue to drain the resources of Equitec."@@@@1@19@@oe@2-2-2013 21880007@unknown@formal@none@1@S@Equitec posted a $3.3 million net loss in the second quarter on $11.8 million of revenue, compared with a net loss of $12.9 million in the year-earlier period on revenue of $9.1 million.@@@@1@33@@oe@2-2-2013 21880008@unknown@formal@none@1@S@In New York Stock Exchange composite trading, Equitec closed at $2.625 a share, unchanged.@@@@1@14@@oe@2-2-2013 21880009@unknown@formal@none@1@S@Because of Tuesday's earthquake in Northern California, company officials couldn't immediately be reached for additional comment.@@@@1@16@@oe@2-2-2013 21880010@unknown@formal@none@1@S@A spokesman for Hallwood said the 12 limited partnerships, which were marketed by brokerage firms and financial planners between 1979 and 1984, raised several hundred million dollars from investors.@@@@1@29@@oe@2-2-2013 21881001@unknown@formal@none@1@S@With airline deals in a tailspin, legendary Wall Street trader Michael Steinhardt could have trouble parachuting out of USAir Group, traders say.@@@@1@22@@oe@2-2-2013 21881002@unknown@formal@none@1@S@Only a week ago, when airline buy-out fever was already winding down, Mr. Steinhardt was engaged in a duel with USAir.@@@@1@21@@oe@2-2-2013 21881003@unknown@formal@none@1@S@He was threatening to take over the carrier, after spending an estimated $167 million to build an 8.4% USAir stake for his investment clients.@@@@1@24@@oe@2-2-2013 21881004@unknown@formal@none@1@S@The would-be raider even hired an investment banker to give teeth to his takeover threat, which was widely interpreted as an effort to flush out an acquirer for USAir, or for his own stake.@@@@1@34@@oe@2-2-2013 21881005@unknown@formal@none@1@S@In fighting USAir, Mr. Steinhardt was pitted against another investor, billionnaire Warren Buffett, who bought into USAir to help fend off Mr. Steinhardt.@@@@1@23@@oe@2-2-2013 21881006@unknown@formal@none@1@S@Mr. Buffett's firm, Berkshire Hathaway, holds a much bigger stake in the carrier than Mr. Steinhardt's firm, Steinhardt Partners.@@@@1@19@@oe@2-2-2013 21881007@unknown@formal@none@1@S@Now, in the wake of UAL's troubles in financing its buy-out, the airline raiding game has been grounded.@@@@1@18@@oe@2-2-2013 21881008@unknown@formal@none@1@S@Instead of hoping to sell his USAir stake at analysts' estimated buy-out price of $80 a share, Mr. Steinhardt is stuck with roughly 3.7 million USAir shares that cost him $45, on average, but yesterday closed at 40 1/2, up 1/4, in New York Stock Exchange composite trading.@@@@1@48@@oe@2-2-2013 21881009@unknown@formal@none@1@S@"It doesn't make sense to parachute out at this price," Mr. Steinhardt says, though he has stopped his takeover talk and now commends USAir managers' "operating skills."@@@@1@27@@oe@2-2-2013 21881010@unknown@formal@none@1@S@At the current price, the USAir holding represents 9% of all the assets that Mr. Steinhardt manages.@@@@1@17@@oe@2-2-2013 21881011@unknown@formal@none@1@S@A week ago, USAir stock briefly soared above 52 after a report in USA Today that Mr. Steinhardt might launch a hostile bid for the carrier, though takeover speculators say they were skeptical.@@@@1@33@@oe@2-2-2013 21881012@unknown@formal@none@1@S@"If USAir is worth 80 as a takeover and the stock went to 52, the market was saying Steinhardt's presence wasn't worth anything, in terms of getting a deal done," says a veteran takeover speculator.@@@@1@35@@oe@2-2-2013 21881013@unknown@formal@none@1@S@Traders say this all goes to show that even the smartest money manager can get infected with crowd passions.@@@@1@19@@oe@2-2-2013 21881014@unknown@formal@none@1@S@In trying to raid USAir, Mr. Steinhardt abandoned his usual role as a passive investor, and ran into snags.@@@@1@19@@oe@2-2-2013 21881015@unknown@formal@none@1@S@Moreover, unlike Mr. Buffett, who often holds big stakes in companies for years, Mr. Steinhardt hasn't in the past done much long-term investing.@@@@1@23@@oe@2-2-2013 21881016@unknown@formal@none@1@S@Mr. Steinhardt, who runs about $1.7 billion for Steinhardt Partners, made his name as a gunslinging trader, moving in and out of stocks with agility -- enriching himself and his investment clients.@@@@1@32@@oe@2-2-2013 21881017@unknown@formal@none@1@S@Meanwhile, his big losses, for instance in 1987's crash, generally have been trading losses.@@@@1@14@@oe@2-2-2013 21881018@unknown@formal@none@1@S@So, some see a special irony in the fact that Mr. Steinhardt, the trader, now is encumbered with a massive, illiquid airline holding.@@@@1@23@@oe@2-2-2013 21881019@unknown@formal@none@1@S@Analysts say USAir stock might lose four or five points if the Steinhardt stake was dumped all at once.@@@@1@19@@oe@2-2-2013 21881020@unknown@formal@none@1@S@As a result, Mr. Steinhardt must reconcile himself to selling USAir at a loss, or to holding the shares as an old-fashioned investment.@@@@1@23@@oe@2-2-2013 21881021@unknown@formal@none@1@S@"Long-term investing -- that's not Steinhardt's style," chuckles an investor who once worked at Steinhardt Partners.@@@@1@16@@oe@2-2-2013 21881022@unknown@formal@none@1@S@"He doesn't usually risk that much unless he thinks he has an ace in the hole," adds another Steinhardt Partners alumnus.@@@@1@21@@oe@2-2-2013 21881023@unknown@formal@none@1@S@In recent days, traders say USAir has been buying its own shares, as part of a program to retire about eight million USAir shares, though the carrier won't discuss its buy-back program.@@@@1@32@@oe@2-2-2013 21881024@unknown@formal@none@1@S@If USAir stepped up its share purchases, that might be a way for Mr. Steinhardt to get out, says Timothy Pettee, a Merrill Lynch analyst.@@@@1@25@@oe@2-2-2013 21881025@unknown@formal@none@1@S@But USAir might not want to help Mr. Steinhardt, he adds.@@@@1@11@@oe@2-2-2013 21881026@unknown@formal@none@1@S@In 1987, USAir Chairman Edwin Colodny stonewalled when Trans World Airlines Chairman Carl Icahn threatened to take over the carrier.@@@@1@20@@oe@2-2-2013 21881027@unknown@formal@none@1@S@Mr. Icahn, a much more practiced raider than Mr. Steinhardt, eventually sold a big USAir stake at a tiny profit through Bear, Stearns.@@@@1@23@@oe@2-2-2013 21881028@unknown@formal@none@1@S@Mr. Steinhardt also could take that route.@@@@1@7@@oe@2-2-2013 21881029@unknown@formal@none@1@S@He confers big trading commissions on Wall Street firms.@@@@1@9@@oe@2-2-2013 21881030@unknown@formal@none@1@S@However, with airline stocks cratering, he might not get a very good price for his shares, traders say.@@@@1@18@@oe@2-2-2013 21881031@unknown@formal@none@1@S@Especially galling for Mr. Steinhardt, say people close to him, is that USAir's Mr. Colodny won't even take his telephone calls.@@@@1@21@@oe@2-2-2013 21881032@unknown@formal@none@1@S@While USAir isn't considered absolutely takeover-proof, its defenses, including the sale in August of a 12% stake in the company to Mr. Buffett's Berkshire Hathaway, are pretty strong.@@@@1@28@@oe@2-2-2013 21881033@unknown@formal@none@1@S@USAir's deal with Mr. Buffett "wasn't exactly a shining example of shareholder democracy," Mr. Steinhardt says.@@@@1@16@@oe@2-2-2013 21881034@unknown@formal@none@1@S@Since last April, the investor has made seven so-called 13D filings in USAir, as he bought and sold the company's stock.@@@@1@21@@oe@2-2-2013 21881035@unknown@formal@none@1@S@Such disclosures of big holdings often are used by raiders to try to scare a company's managers, and to stir interest in the stock.@@@@1@24@@oe@2-2-2013 21881036@unknown@formal@none@1@S@But of course it would be highly unusual for an investment fund such as Steinhardt Partners to take over a company.@@@@1@21@@oe@2-2-2013 21881037@unknown@formal@none@1@S@USAir and Mr. Buffett won't talk about Mr. Steinhardt at all.@@@@1@11@@oe@2-2-2013 21881038@unknown@formal@none@1@S@Analysts say USAir has great promise.@@@@1@6@@oe@2-2-2013 21881039@unknown@formal@none@1@S@By the second half of 1990, USAir stock could hit 60, says Helane Becker of Shearson Lehman Hutton.@@@@1@18@@oe@2-2-2013 21881040@unknown@formal@none@1@S@She thinks traders should buy the stock if it tumbles to 35.@@@@1@12@@oe@2-2-2013 21881041@unknown@formal@none@1@S@But meanwhile, USAir is expected to show losses or lackluster profit for several quarters as it tries to digest Piedmont Airlines, which it acquired.@@@@1@24@@oe@2-2-2013 21881042@unknown@formal@none@1@S@Moreover, some investors think a recession or renewed airfare wars will pummel airline stocks in coming months.@@@@1@17@@oe@2-2-2013 21881043@unknown@formal@none@1@S@However, Mr. Steinhardt says he's "comfortable holding USAir as an investment."@@@@1@11@@oe@2-2-2013 21881044@unknown@formal@none@1@S@While he has bought and sold some USAir shares in recent days, he says that contrary to rumors, he hasn't tried to unload his holding.@@@@1@25@@oe@2-2-2013 21881045@unknown@formal@none@1@S@Mr. Steinhardt adds that he bought USAir stock earlier this year as "part of a fundamental investment in the airline group."@@@@1@21@@oe@2-2-2013 21881046@unknown@formal@none@1@S@In 1989, Mr. Steinhardt says he made money trading in Texas Air, AMR and UAL.@@@@1@15@@oe@2-2-2013 21881047@unknown@formal@none@1@S@Overall, his investments so far this year are showing gains of about 20%, he adds.@@@@1@15@@oe@2-2-2013 21881048@unknown@formal@none@1@S@Does Mr. Steinhardt regret his incursion into the takeover-threat game?@@@@1@10@@oe@2-2-2013 21881049@unknown@formal@none@1@S@People close to the investor say that was an experiment he is unlikely to repeat.@@@@1@15@@oe@2-2-2013 21881050@unknown@formal@none@1@S@"I don't think you'll find I'm making a radical change in my traditional investment style," Mr. Steinhardt says.@@@@1@18@@oe@2-2-2013 21882001@unknown@formal@none@1@S@Addington Resources Inc. said it called for redemption on Nov. 21 its $25.8 million outstanding of 8% convertible subordinated debentures due 2013.@@@@1@22@@oe@2-2-2013 21882002@unknown@formal@none@1@S@The debentures were issued in the face amount of $46 million on July 11, 1988, the Ashland, Ky., coal mining, water transportation and construction company said.@@@@1@26@@oe@2-2-2013 21882003@unknown@formal@none@1@S@The company said the redemption is permitted because the price of Addington's stock has equaled or exceeded $19.60 for 20 consecutive trading days, a condition set in the terms of the debentures.@@@@1@32@@oe@2-2-2013 21882004@unknown@formal@none@1@S@Debenture holders are expected to convert most of the debentures into common because the value of the stock received in a conversion would exceed the $1,103.11 redemption price.@@@@1@28@@oe@2-2-2013 21883001@unknown@formal@none@1@S@Commodore International Ltd. said it will report a loss for the first quarter ended Sept. 30 because sales of personal computers for the home market remained weak in some major countries.@@@@1@31@@oe@2-2-2013 21883002@unknown@formal@none@1@S@That will mark the second consecutive quarterly loss for Commodore and will raise additional questions about whether it can sustain the turnaround it had seemed to be engineering.@@@@1@28@@oe@2-2-2013 21883003@unknown@formal@none@1@S@Commodore, West Chester, Pa., had said in August that it was consolidating manufacturing to cut costs and expected to be profitable in the fiscal first quarter.@@@@1@26@@oe@2-2-2013 21883004@unknown@formal@none@1@S@Commodore said that its announcement is based on preliminary information and that the situation could look different by the time final results are announced early next month.@@@@1@27@@oe@2-2-2013 21883005@unknown@formal@none@1@S@In fact, Commodore's fiscal fourth-quarter loss was $2 million narrower than Commodore had expected a few weeks after the quarter closed.@@@@1@21@@oe@2-2-2013 21883006@unknown@formal@none@1@S@Still, even results approaching break-even would mark a sharp weakening compared with fiscal 1989 first-quarter earnings of $9.6 million, or 30 cents a share, on sales of $200.2 million.@@@@1@29@@oe@2-2-2013 21883007@unknown@formal@none@1@S@Reflecting concerns about Commodore's outlook, its stock has plunged more than 50% since May, closing yesterday unchanged at $8.875 a share in composite trading on the New York Stock Exchange.@@@@1@30@@oe@2-2-2013 21883008@unknown@formal@none@1@S@The price can be expected to erode further, because the loss estimate came after the market closed.@@@@1@17@@oe@2-2-2013 21883009@unknown@formal@none@1@S@Commodore has seemed to be setting the stage recently for progress in the U.S., where its personal-computer sales have been so dismal for years that Commodore is close to dropping off research firms' market-share charts.@@@@1@35@@oe@2-2-2013 21883010@unknown@formal@none@1@S@Commodore has assembled an experienced management team, it has persuaded many more dealers to carry its products and it has unleashed a slick advertising campaign.@@@@1@25@@oe@2-2-2013 21883011@unknown@formal@none@1@S@But those represent long-term strategies that probably won't succeed quickly, even if they turn out to be the right ones.@@@@1@20@@oe@2-2-2013 21883012@unknown@formal@none@1@S@In the meantime, the strategies will increase expenses.@@@@1@8@@oe@2-2-2013 21883013@unknown@formal@none@1@S@Commodore had been counting on its consumer business to stay sufficiently healthy to support its efforts in other areas -- mainly in getting schools and businesses to use its Amiga, which has slick graphics yet has been slow to catch on because it isn't compatible with Apple Computer Inc. or International Business Machines Corp. hardware.@@@@1@55@@oe@2-2-2013 21883014@unknown@formal@none@1@S@But sales to consumers have become difficult during the past several months, even in West Germany, which has been by far Commodore's strongest market.@@@@1@24@@oe@2-2-2013 21883015@unknown@formal@none@1@S@The Commodore 64 and 128, mainly used for children's educational software and games, had surprised market researchers by continuing to produce strong sales even though other low-profit personal computers now operate several times as fast and have much more memory.@@@@1@40@@oe@2-2-2013 21883016@unknown@formal@none@1@S@Commodore has said it expects sales to rebound, but market researchers have said that sales of the low-end products may finally be trailing off.@@@@1@24@@oe@2-2-2013 21884001@unknown@formal@none@1@S@Stock prices closed slightly higher in the first routine trading day since Friday's big plunge.@@@@1@15@@oe@2-2-2013 21884002@unknown@formal@none@1@S@Some issues were affected by Tuesday's devastating earthquake in the San Francisco area.@@@@1@13@@oe@2-2-2013 21884003@unknown@formal@none@1@S@Activity continued to slow from the hectic pace set during the market's plunge late Friday and its rebound Monday, as players began to set their sights on events coming later this week.@@@@1@32@@oe@2-2-2013 21884004@unknown@formal@none@1@S@The Dow Jones Industrial Average drifted through the session within a trading range of about 30 points before closing with a gain of 4.92 at 2643.65.@@@@1@26@@oe@2-2-2013 21884005@unknown@formal@none@1@S@Broader averages also posted modest gains.@@@@1@6@@oe@2-2-2013 21884006@unknown@formal@none@1@S@Standard & Poor's 500-Stock Index rose 0.60 to 341.76, the Dow Jones Equity Market Index rose 0.71 to 320.54 and the New York Stock Exchange Composite Index gained 0.43 to 189.32.@@@@1@31@@oe@2-2-2013 21884007@unknown@formal@none@1@S@Some 822 New York Stock Exchange issues advanced in price, while 668 declined.@@@@1@13@@oe@2-2-2013 21884008@unknown@formal@none@1@S@But the Dow Jones Transportation Average went down for the seventh consecutive session, due largely to further selling in UAL.@@@@1@20@@oe@2-2-2013 21884009@unknown@formal@none@1@S@The average dropped 6.40 to 1247.87 and has now lost 21.7% of its value since the losing streak began Oct. 10.@@@@1@21@@oe@2-2-2013 21884010@unknown@formal@none@1@S@Big Board volume dropped to 166,900,000 shares, in line with the level of trading over the past few weeks, from 224.1 million Tuesday.@@@@1@23@@oe@2-2-2013 21884011@unknown@formal@none@1@S@Traders cited anticipation of the consumer price report for September, due today, and tomorrow's expiration of October stock-index futures and options as major factors in the slowdown.@@@@1@27@@oe@2-2-2013 21884012@unknown@formal@none@1@S@In addition, activity at a number of San Francisco-based brokerage houses was curtailed as a result of the earthquake, which knocked out power lines and telephone service throughout the Bay area.@@@@1@31@@oe@2-2-2013 21884013@unknown@formal@none@1@S@Stocks retreated to session lows just after the opening amid worries about the market impact of the quake, but quickly snapped back to higher levels with the help of futures-related program buying.@@@@1@32@@oe@2-2-2013 21884014@unknown@formal@none@1@S@The early move essentially established the day's trading range, and traders said they saw little of the program activity that has battered the market recently.@@@@1@25@@oe@2-2-2013 21884015@unknown@formal@none@1@S@"I didn't expect it to be this quiet.@@@@1@8@@oe@2-2-2013 21884016@unknown@formal@none@1@S@I expected to see more volatility as some of the institutions who were spooked last Friday did some selling," said Raymond F. DeVoe, a market strategist at Legg Mason Wood Walker, Baltimore.@@@@1@32@@oe@2-2-2013 21884017@unknown@formal@none@1@S@Mr. DeVoe said he expects prices to show some renewed instability over the next few sessions as institutions re-evaluate their stance toward the market in light of its decline.@@@@1@29@@oe@2-2-2013 21884018@unknown@formal@none@1@S@"I would suspect that a lot of investment committees are looking into whether (they) want to be in stocks at all," he said.@@@@1@23@@oe@2-2-2013 21884019@unknown@formal@none@1@S@Insurance stocks were sold at the opening amid concerns about the level of damage claims the companies would receive as a result of the earthquake.@@@@1@25@@oe@2-2-2013 21884020@unknown@formal@none@1@S@But those issues recovered quickly and turned higher because of expectations that the quake and the recent Hurricane Hugo would set the stage for an increase in premium rates.@@@@1@29@@oe@2-2-2013 21884021@unknown@formal@none@1@S@Issues of insurance brokers were especially strong.@@@@1@7@@oe@2-2-2013 21884022@unknown@formal@none@1@S@Marsh & McLennan advanced 3 1/8 to 75 7/8, Alexander & Alexander Services climbed 2 to 32 and Corroon & Black firmed 1 7/8 to 37 1/2.@@@@1@27@@oe@2-2-2013 21884023@unknown@formal@none@1@S@Elsewhere in the group, General Re rose 2 3/4 to 86 1/2, American International Group gained 3 1/4 to 102 5/8, Aetna Life & Casualty added 2 3/8 to 59 1/2 and Cigna advanced 7/8 to 62 1/2.@@@@1@38@@oe@2-2-2013 21884024@unknown@formal@none@1@S@Loews, the parent of CNA Financial, rose 1 3/8 to 123 1/8.@@@@1@12@@oe@2-2-2013 21884025@unknown@formal@none@1@S@Companies in the construction, engineering and building-products sectors were among other beneficiaries of earthquake-related buying.@@@@1@15@@oe@2-2-2013 21884026@unknown@formal@none@1@S@The heavy-construction sector was the session's best performer among Dow Jones industry groups; Fluor rose 3/4 to 33 3/8, Morrison Knudsen gained 2 1/4 to 44 1/8, Foster Wheeler added 3/8 to 18 1/4 and Ameron climbed 2 3/8 to 39 3/4.@@@@1@42@@oe@2-2-2013 21884027@unknown@formal@none@1@S@Among engineering firms, CRS Sirrine rose 5/8 to 34 1/4 on the Big Board and four others rallied on the American Stock Exchange: Jacobs Engineering Group, which gained 1 1/8 to 25 3/8, Greiner Engineering, which rose 3 1/2 to 22 1/2; Michael Baker, which added 1 1/4 to 15 1/4, and American Science & Engineering, up 1/2 to 8 1/2.@@@@1@61@@oe@2-2-2013 21884028@unknown@formal@none@1@S@Within the building-materials group, Georgia-Pacific climbed 1 1/4 to 58 and Louisiana-Pacific added 1 to 40 3/4 after Merrill Lynch recommended the forest-products issues.@@@@1@24@@oe@2-2-2013 21884029@unknown@formal@none@1@S@CalMat advanced 2 3/4 to 28 3/4, Lone Star Industries gained 1 3/4 to 29 1/4, Lafarge rose 1 to 19 1/2, Southdown added 5/8 to 24 5/8 and Eljer Industries rose 1 1/4 to 24 7/8.@@@@1@37@@oe@2-2-2013 21884030@unknown@formal@none@1@S@Pacific Gas & Electric fell 3/8 to 19 5/8 in Big Board composite trading of 1.7 million shares and Pacific Telesis Group slipped 5/8 to 44 5/8 as the companies worked to restore service to areas affected by the quake.@@@@1@40@@oe@2-2-2013 21884031@unknown@formal@none@1@S@Chevron added 1 to 65.@@@@1@5@@oe@2-2-2013 21884032@unknown@formal@none@1@S@The company, based in San Francisco, said it had to shut down a crude-oil pipeline in the Bay area to check for leaks but added that its refinery in nearby Richmond, Calif., was undamaged.@@@@1@34@@oe@2-2-2013 21884033@unknown@formal@none@1@S@Other companies based in the area include Hewlett-Packard, which rose 1/4 to 49; National Semiconductor, which went up 1/4 to 7 5/8, and Genentech, which eased 1/4 to 19 5/8.@@@@1@30@@oe@2-2-2013 21884034@unknown@formal@none@1@S@None of the firms reported any major damage to facilities as a result of the quake.@@@@1@16@@oe@2-2-2013 21884035@unknown@formal@none@1@S@BankAmerica eased 1/2 to 31 7/8 and Wells Fargo lost 1/2 to 81 1/2; the two bank holding companies, based in San Francisco, were forced to curtail some operations due to the temblor.@@@@1@33@@oe@2-2-2013 21884036@unknown@formal@none@1@S@Among California savings-and-loan stocks, H.F. Ahmanson eased 3/8 to 22 1/4, CalFed slid 3/4 to 24 1/8, Great Western Financial dropped 1/2 to 21 1/4 and Golden West Financial fell 5/8 to 29 1/4.@@@@1@34@@oe@2-2-2013 21884037@unknown@formal@none@1@S@UAL, the parent company of United Airlines, swung within a 14-point range during the course of the session before closing at 191 3/4, down 6 1/4, on 2.3 million shares.@@@@1@30@@oe@2-2-2013 21884038@unknown@formal@none@1@S@British Airways, a member of the group that had offered $300 a share for UAL in a leveraged buy-out, said it had yet to receive a revised proposal and it was "in no way committed" to the completion of a bid.@@@@1@41@@oe@2-2-2013 21884039@unknown@formal@none@1@S@Separately, investor Marvin Davis withdrew his backup $300-a-share takeover offer.@@@@1@10@@oe@2-2-2013 21884040@unknown@formal@none@1@S@While UAL faltered, AMR, the parent of American Airlines, pulled out of its recent nosedive by rising 3/4 to 74.@@@@1@20@@oe@2-2-2013 21884041@unknown@formal@none@1@S@The stock had been on the decline since the financing for the UAL buy-out fell through on Friday and developer Donald Trump subsequently withdrew a takeover offer of $120 a share for AMR.@@@@1@33@@oe@2-2-2013 21884042@unknown@formal@none@1@S@Also, AMR was the most active Big Board issue; 2.8 million shares changed hands.@@@@1@14@@oe@2-2-2013 21884043@unknown@formal@none@1@S@GTE added 1 1/4 to 65 3/8.@@@@1@7@@oe@2-2-2013 21884044@unknown@formal@none@1@S@PaineWebber repeated a buy recommendation on the stock and raised its 1990 earnings estimate by 35 cents a share, to $5.10.@@@@1@21@@oe@2-2-2013 21884045@unknown@formal@none@1@S@Colgate-Palmolive advanced 1 5/8 to 63 after saying it was comfortable with analysts' projections that third-quarter net income from continuing operations would be between 95 cents and $1.05 a share, up from 69 cents a year ago.@@@@1@37@@oe@2-2-2013 21884046@unknown@formal@none@1@S@Springs Industries dropped 1 3/8 to 36.@@@@1@7@@oe@2-2-2013 21884047@unknown@formal@none@1@S@Analysts at several brokerage firms lowered their 1989 and 1990 earnings estimates on the company after its third-quarter results proved disappointing.@@@@1@21@@oe@2-2-2013 21884048@unknown@formal@none@1@S@Trinova third-quarter loss after a charge for a planned restructuring, which will include the closing or downsizing of about 25% of its plants and a work force cut of about 1,500 over three years.@@@@1@34@@oe@2-2-2013 21884049@unknown@formal@none@1@S@The Amex Market Value Index snapped a five-session losing streak by rising 2.91 to 378.07.@@@@1@15@@oe@2-2-2013 21884050@unknown@formal@none@1@S@Volume totaled 12,500,000 shares.@@@@1@4@@oe@2-2-2013 21884051@unknown@formal@none@1@S@Carnival Cruise Lines Class A rose 1 1/4 to 22 3/8.@@@@1@11@@oe@2-2-2013 21884052@unknown@formal@none@1@S@The company, citing market conditions, postponed a $200 million debt offer.@@@@1@11@@oe@2-2-2013 21885001@unknown@formal@none@1@S@Philip Morris Cos. posted a 20% jump in third-quarter profit on a 45% revenue increase, reflecting strength in the company's cigarette, food and brewing businesses.@@@@1@25@@oe@2-2-2013 21885002@unknown@formal@none@1@S@Net income rose to $748 million, or 81 cents a share, from the year-earlier $621 million, or 67 cents a share.@@@@1@21@@oe@2-2-2013 21885003@unknown@formal@none@1@S@Per-share figures have been adjusted for a 4-for-1 stock split paid earlier this month.@@@@1@14@@oe@2-2-2013 21885004@unknown@formal@none@1@S@The New York-based tobacco, food and beer concern said revenue increased to $11.25 billion from $7.74 billion.@@@@1@17@@oe@2-2-2013 21885005@unknown@formal@none@1@S@In composite trading on the New York Stock Exchange, Philip Morris closed at $43.375, up 12.5 cents.@@@@1@17@@oe@2-2-2013 21885006@unknown@formal@none@1@S@Philip Morris disclosed little detailed information about performance by major business lines except to say that most, including Philip Morris U.S.A., Kraft General Foods and Miller Brewing Co., posted increased revenues.@@@@1@31@@oe@2-2-2013 21885007@unknown@formal@none@1@S@For the nine months, net increased 4.4% to $2.08 billion, or $2.25 a share, from $2 billion, which included $273 million reflecting the effect of an accounting change.@@@@1@28@@oe@2-2-2013 21886001@unknown@formal@none@1@S@Granges Inc., citing depressed gold prices, said it plans to suspend operations for an indefinite period at its Tartan gold mine in Manitoba.@@@@1@23@@oe@2-2-2013 21886002@unknown@formal@none@1@S@Granges said in Vancouver, British Columbia, that the production halt will be phased in over a 10-week period.@@@@1@18@@oe@2-2-2013 21886003@unknown@formal@none@1@S@Tartan currently produces gold at a cash operating cost of $393 an ounce, which is high by industry standards and $25 or so above the current spot price.@@@@1@28@@oe@2-2-2013 21886004@unknown@formal@none@1@S@Granges said it also plans in the third quarter to write down the carrying value of the Tartan mine by 2.5 million Canadian dollars (US$ 2.12 million), and to write off most of the C$6.3 million carrying value of its Windflower gold property in British Columbia.@@@@1@46@@oe@2-2-2013 21886005@unknown@formal@none@1@S@Granges didn't say what impact the moves would have on total gold output or earnings, and company officials weren't available.@@@@1@20@@oe@2-2-2013 21887001@unknown@formal@none@1@S@Computer Associates International Inc., Garden City, N.Y., and Digital Equipment Corp. said they agreed to jointly develop software to help manage Digital's Vax computers.@@@@1@24@@oe@2-2-2013 21887002@unknown@formal@none@1@S@Computer Associates has carved out a huge business selling such software for use in managing networks of International Business Machines Corp. computers but needs to find new markets if it is to maintain its growth rate of 30% and more each year.@@@@1@42@@oe@2-2-2013 21887003@unknown@formal@none@1@S@The market for system-management software for Digital's hardware is fragmented enough that a giant such as Computer Associates should do well there.@@@@1@22@@oe@2-2-2013 21887004@unknown@formal@none@1@S@At the same time, the market is smaller than the market for IBM-compatible software.@@@@1@14@@oe@2-2-2013 21887005@unknown@formal@none@1@S@For one thing, Digital, Maynard, Mass., has sold fewer machines.@@@@1@10@@oe@2-2-2013 21887006@unknown@formal@none@1@S@In addition, its machines are typically easier to operate, so customers require less assistance from software.@@@@1@16@@oe@2-2-2013 21888001@unknown@formal@none@1@S@Wang Laboratories Inc., Lowell, Mass., beset by declining demand for its computers, reported a $62.1 million, 38-cents-a-share loss in its first quarter ended Sept. 30.@@@@1@25@@oe@2-2-2013 21888002@unknown@formal@none@1@S@Revenue fell 12.7% to $596.8 million from $684 million, although some of the decline was caused by discontinued operations.@@@@1@19@@oe@2-2-2013 21888003@unknown@formal@none@1@S@Wang had previously forecast a loss.@@@@1@6@@oe@2-2-2013 21888004@unknown@formal@none@1@S@The company reiterated that it expects another loss in the second quarter and for the full year, although it expects a profitable fourth quarter.@@@@1@24@@oe@2-2-2013 21888005@unknown@formal@none@1@S@A year ago, Wang had earnings of $13.1 million, or eight cents a share, in its first quarter, including a $3.1 million loss from discontinued operations.@@@@1@26@@oe@2-2-2013 21888006@unknown@formal@none@1@S@The latest period loss included a $12.9 pretax charge for severance payments.@@@@1@12@@oe@2-2-2013 21889001@unknown@formal@none@1@S@Dayton Hudson Corp. said it accepted for purchase seven million common shares at $62.875 each, under the terms of a Dutch auction self-tender offer.@@@@1@24@@oe@2-2-2013 21889002@unknown@formal@none@1@S@The offer expired at 12:01 a.m. yesterday.@@@@1@7@@oe@2-2-2013 21889003@unknown@formal@none@1@S@In a Dutch auction, the buyer sets a price range and holders give a price in that range at which they're willing to sell their shares.@@@@1@26@@oe@2-2-2013 21889004@unknown@formal@none@1@S@The buyer then picks a price and buys shares at that price from holders who offered to sell at that price or lower.@@@@1@23@@oe@2-2-2013 21889005@unknown@formal@none@1@S@Dayton Hudson's repurchase offer, representing about 9% of its common shares outstanding, had established a range of between $60 and $65 for the buy-back.@@@@1@24@@oe@2-2-2013 21889006@unknown@formal@none@1@S@Dayton Hudson said it accepted all odd-lot shares tendered at or below the final $62.875 price; the preliminary proration factor for other shares tendered at or below the final price is 98%.@@@@1@32@@oe@2-2-2013 21889007@unknown@formal@none@1@S@The Minneapolis-based retailer said it expects to pay for the seven million shares next Thursday.@@@@1@15@@oe@2-2-2013 21889008@unknown@formal@none@1@S@Tendered shares not purchased will be returned to holders.@@@@1@9@@oe@2-2-2013 21889009@unknown@formal@none@1@S@In New York Stock Exchange composite trading, Dayton rose $1 to $61.125.@@@@1@12@@oe@2-2-2013 21890001@unknown@formal@none@1@S@Continental Bank Corp.'s third-quarter net income slipped 11% despite a big gain from the sale of the company's London headquarters building.@@@@1@21@@oe@2-2-2013 21890002@unknown@formal@none@1@S@The $55 million gain on the sale was offset by lower interest income, poorer results from foreign-exchange trading and a $9 million loss on the sale of a unit, Securities Settlement Corp.@@@@1@32@@oe@2-2-2013 21890003@unknown@formal@none@1@S@Chicago-based Continental earned $65.2 million, or $1.04 a share, compared with $73.6 million, or $1.19 a share, a year earlier.@@@@1@20@@oe@2-2-2013 21890004@unknown@formal@none@1@S@The 1988 quarter also included one-time gains totaling about $35 million.@@@@1@11@@oe@2-2-2013 21890005@unknown@formal@none@1@S@The bank, which has loss reserves equal to about half its long-term and medium-term loans to less-developed nations, said it doesn't think additional reserves are required.@@@@1@26@@oe@2-2-2013 21891001@unknown@formal@none@1@S@Enron Corp. said a subsidiary and two United Kingdom firms are studying the feasibility of constructing a 1,500 megawatt gas-fired power plant in northern England as an outgrowth of the government's privatization program.@@@@1@33@@oe@2-2-2013 21891002@unknown@formal@none@1@S@Enron Power Corp., a unit of the Houston natural gas pipeline company, would design, construct and run the plant.@@@@1@19@@oe@2-2-2013 21891003@unknown@formal@none@1@S@Gas to fuel it would be piped from the North Sea.@@@@1@11@@oe@2-2-2013 21891004@unknown@formal@none@1@S@A subsidiary of Britain's Imperial Chemical Industries would buy electricity and steam from the proposed station.@@@@1@16@@oe@2-2-2013 21891005@unknown@formal@none@1@S@Surplus power would be sold on the open market, Enron said.@@@@1@11@@oe@2-2-2013 21891006@unknown@formal@none@1@S@Also participating in the study, Enron said, is the National Power division of Britain's Central Electricity Generating Board.@@@@1@18@@oe@2-2-2013 21891007@unknown@formal@none@1@S@Upon privatization, National Power will be responsible for 70% of the country's power generating business.@@@@1@15@@oe@2-2-2013 21892001@unknown@formal@none@1@S@Viacom Inc., New York, reported that its third-quarter loss widened to $21.7 million, or 41 cents a share, primarily because of interest expense of $70.1 million.@@@@1@26@@oe@2-2-2013 21892002@unknown@formal@none@1@S@A year ago, Viacom had a net loss of $56.9 million, or $1.07 a share.@@@@1@15@@oe@2-2-2013 21892003@unknown@formal@none@1@S@Interest expense in the 1988 third quarter was $75.3 million.@@@@1@10@@oe@2-2-2013 21892004@unknown@formal@none@1@S@In the year-ago quarter, Viacom also paid preferred stock dividends of $17 million; Viacom exchanged its preferred stock for debt in March.@@@@1@22@@oe@2-2-2013 21892005@unknown@formal@none@1@S@The communications and entertainment company said revenue rose to $345.5 million, from $311.6 million.@@@@1@14@@oe@2-2-2013 21892006@unknown@formal@none@1@S@Viacom attributed the improvement to higher earnings from operations in its networks segment, which includes the MTV and Showtime networks.@@@@1@20@@oe@2-2-2013 21892007@unknown@formal@none@1@S@Viacom said it also restructured bank debt under a $1.5 billion unsecured bank agreement that offers significant interest rate savings.@@@@1@20@@oe@2-2-2013 21892008@unknown@formal@none@1@S@Sumner M. Redstone, Viacom's chairman, said Viacom "emerged from our leveraged buy-out structure and gained substantial operating and financial flexibility through" the bank pact.@@@@1@24@@oe@2-2-2013 21893001@unknown@formal@none@1@S@Trinova Corp., Maumee, Ohio, said it is launching an extensive restructuring of its core business, and took a charge that resulted in a loss of $29.7 million, or 87 cents a share, for the third quarter.@@@@1@36@@oe@2-2-2013 21893002@unknown@formal@none@1@S@Trinova said it will close, move or overhaul 40 of its 170 manufacturing facilities and over the next three years cut 1,500 jobs from its current world-wide payroll of 22,300 employees.@@@@1@31@@oe@2-2-2013 21893003@unknown@formal@none@1@S@Most of the factory closings and job cutbacks will affect Trinova's Aeroquip operations, which manufacture automotive plastics, hoses and other industrial and automotive parts.@@@@1@24@@oe@2-2-2013 21893004@unknown@formal@none@1@S@Hoses and plastics together account for about 42% of Trinova's total annual sales.@@@@1@13@@oe@2-2-2013 21893005@unknown@formal@none@1@S@In a separate announcement, Trinova said the Aeroquip group has agreed to sell its spring-brake, piston-brake and related businesses to Midland Brake Inc. of Branford, Conn.@@@@1@26@@oe@2-2-2013 21893006@unknown@formal@none@1@S@Terms weren't disclosed.@@@@1@3@@oe@2-2-2013 21893007@unknown@formal@none@1@S@To provide for the restructuring's costs, Trinova said it took an after-tax charge of $38.5 million, or $1.13 a share, in the third quarter.@@@@1@24@@oe@2-2-2013 21893008@unknown@formal@none@1@S@The $29.7 million net loss compares with net income of $19.6 million, or 57 cents a share, a year earlier.@@@@1@20@@oe@2-2-2013 21893009@unknown@formal@none@1@S@Sales rose 8% to $456.2 million from $422 million.@@@@1@9@@oe@2-2-2013 21893010@unknown@formal@none@1@S@Trinova closed at $25, down $1, in New York Stock Exchange composite trading.@@@@1@13@@oe@2-2-2013 21894001@unknown@formal@none@1@S@A group of investors, including Giancarlo Parretti's Pathe Communications Corp. and Sasea Holding S.A., have agreed to buy 76.66% of Odeon Finanziaria, a financially troubled Italian TV station.@@@@1@28@@oe@2-2-2013 21894002@unknown@formal@none@1@S@Florio Fiorini, managing director of Geneva-based Sasea, said the investors would pay only a symbolic one lira for the station, "but we have agreed to raise the capital that will enable the company to continue operating.@@@@1@36@@oe@2-2-2013 21894003@unknown@formal@none@1@S@It's sort of a Chapter 11 situation," he added, referring to the U.S. bankruptcy law that protects companies from creditors while they restructure.@@@@1@23@@oe@2-2-2013 21894004@unknown@formal@none@1@S@Milan-based Odeon, which draws about 3% of Italian TV viewers, has debt of 250 billion lire ($181.9 million), Mr. Fiorini said.@@@@1@21@@oe@2-2-2013 21894005@unknown@formal@none@1@S@He added that details of the recapitalization still have to be worked out, but that Pathe will take 50% of Odeon, Rome film producer Bruno Lucisano will take 10% and the remaining 16.66%, currently owned by Sasea, will eventually be sold to other investors.@@@@1@44@@oe@2-2-2013 21894006@unknown@formal@none@1@S@Calisto Tanzi, Odeon's owner, will retain his 23.34% stake.@@@@1@9@@oe@2-2-2013 21894007@unknown@formal@none@1@S@Italy's Supreme Court this year ordered Parliament to write a law that will regulate media ownership.@@@@1@16@@oe@2-2-2013 21894008@unknown@formal@none@1@S@"We think that it's going to be far more favorable to own a station before the law is passed than to try to buy one afterward," Mr. Fiorini said.@@@@1@29@@oe@2-2-2013 21895001@unknown@formal@none@1@S@San Francisco area officials gave the media high marks for helping people find shelter and obtain emergency information after Tuesday's catastrophic earthquake.@@@@1@22@@oe@2-2-2013 21895002@unknown@formal@none@1@S@"The press has been doing an excellent job.@@@@1@8@@oe@2-2-2013 21895003@unknown@formal@none@1@S@They are telling people what roads are closed and just keeping the public informed has helped to keep the panic down," said James Ball, a station supervisor at Daly City Police Department.@@@@1@32@@oe@2-2-2013 21895004@unknown@formal@none@1@S@Mr. Ball noted that television stations featured people holding up phone books, explaining where to call for help.@@@@1@18@@oe@2-2-2013 21895005@unknown@formal@none@1@S@Radio stations provided an emergency number for people who smelled gas but didn't know how to turn off their gas supply.@@@@1@21@@oe@2-2-2013 21895006@unknown@formal@none@1@S@Kim Schwartz, a spokesperson for the American Red Cross in Los Angeles, said television and radio stations in San Francisco played a "very positive role" by providing the address of 28 shelters of the Red Cross and by giving out the Red Cross number for contributions to help earthquake victims (1-800-453-9000).@@@@1@51@@oe@2-2-2013 21895007@unknown@formal@none@1@S@The San Francisco Examiner issued a special edition around noon yesterday that was filled entirely with earthquake news and information.@@@@1@20@@oe@2-2-2013 21895008@unknown@formal@none@1@S@The Examiner and the San Francisco Chronicle were able to publish despite Tuesday's quake, which occurred close to deadline for many newspapers.@@@@1@22@@oe@2-2-2013 21896001@unknown@formal@none@1@S@Sterling Software Inc. said it lost its bid to supply software services to the National Aeronautics and Space Administration's Ames Research Center at Moffett Field, Calif.@@@@1@26@@oe@2-2-2013 21896002@unknown@formal@none@1@S@Sterling, which estimated the value of the contract at $150 million, said NASA selected another bidder for final negotiations.@@@@1@19@@oe@2-2-2013 21896003@unknown@formal@none@1@S@In 1988, Dallas-based Sterling protested a similar decision by NASA involving the same contract, claiming it had submitted the lowest bid.@@@@1@21@@oe@2-2-2013 21896004@unknown@formal@none@1@S@As a result, last March the General Services Administration board of contract appeals directed NASA to reopen negotiations on the contract.@@@@1@21@@oe@2-2-2013 21896005@unknown@formal@none@1@S@Sterling said it had requested a briefing by NASA but had not decided whether to protest the agency's latest decision.@@@@1@20@@oe@2-2-2013 21897001@unknown@formal@none@1@S@Consolidated Rail Corp., New York, reported that third-quarter net income climbed 4.8% to $87 million, or $1.27 a share, exceeding analysts' expectations.@@@@1@22@@oe@2-2-2013 21897002@unknown@formal@none@1@S@In the year-earlier quarter, the freight railroad earned $83 million, or $1.21 a share.@@@@1@14@@oe@2-2-2013 21897003@unknown@formal@none@1@S@James A. Hagen, chairman and chief executive officer, noted that earnings advanced "in the face of a drop in business, brought on by the general economic slowdown."@@@@1@27@@oe@2-2-2013 21897004@unknown@formal@none@1@S@Revenue slipped 4.6% to $835 million from $876 million.@@@@1@9@@oe@2-2-2013 21897005@unknown@formal@none@1@S@For the rest of 1989, Mr. Hagen said, Conrail's traffic and revenue "will reflect the sluggish economy, but Conrail will continue to take steps to control and reduce costs."@@@@1@29@@oe@2-2-2013 21897006@unknown@formal@none@1@S@For the nine months, Conrail earnings grew 0.4% to $229 million, or $3.34 a share, from $228 million, or $3.31 a share.@@@@1@22@@oe@2-2-2013 21897007@unknown@formal@none@1@S@Revenue was flat at $2.59 billion.@@@@1@6@@oe@2-2-2013 21898001@unknown@formal@none@1@S@Georgia Gulf Corp., hurt by declining sales and falling chemical prices, said third-quarter earnings fell 13% to $46.1 million from $53.1 million in the year-earlier period.@@@@1@26@@oe@2-2-2013 21898002@unknown@formal@none@1@S@Sales declined 10% to $251.2 million from $278.7 million.@@@@1@9@@oe@2-2-2013 21898003@unknown@formal@none@1@S@The Atlanta-based chemical manufacturer said lower prices hurt margins for most products.@@@@1@12@@oe@2-2-2013 21898004@unknown@formal@none@1@S@"We did see some relief in raw material costs, but it wasn't sufficient to offset the drop in sales prices," James R. Kuse, the company's chairman and chief executive officer said in a statement.@@@@1@34@@oe@2-2-2013 21898005@unknown@formal@none@1@S@On a per-share basis, quarterly earnings remained at $1.85, the same as last year, because of the company's share buy-back program.@@@@1@21@@oe@2-2-2013 21898006@unknown@formal@none@1@S@Georgia Gulf had 24.9 million shares outstanding on average in the quarter, compared with 28.6 million in the third quarter of 1988, adjusted for a stock split paid in January 1989.@@@@1@31@@oe@2-2-2013 21898007@unknown@formal@none@1@S@In composite New York Stock Exchange trading, stock in Georgia Gulf, which has been mentioned as a takeover candidate, rose $2.125 a share to close at $46.125.@@@@1@27@@oe@2-2-2013 21899001@unknown@formal@none@1@S@This temblor-prone city dispatched inspectors, firefighters and other earthquake-trained personnel to aid San Francisco.@@@@1@14@@oe@2-2-2013 21899002@unknown@formal@none@1@S@But a secondary agenda among officials in the City of Angels was to learn about the disaster-contingency plans that work and those that don't.@@@@1@24@@oe@2-2-2013 21899003@unknown@formal@none@1@S@Los Angeles Mayor Tom Bradley used the opportunity to push the City Council harder to pass a measure establishing a loss-recovery reserve of $100 million.@@@@1@25@@oe@2-2-2013 21899004@unknown@formal@none@1@S@The amount would help Los Angeles cope in the first few weeks after its own anticipated quake, while waiting for federal assistance to arrive.@@@@1@24@@oe@2-2-2013 21899005@unknown@formal@none@1@S@After San Francisco Mayor Art Agnos spoke on television of the need for building inspectors to check the soundness of buildings, Los Angeles dispatched 32 inspectors to help.@@@@1@28@@oe@2-2-2013 21899006@unknown@formal@none@1@S@And the county of Los Angeles placed its firefighters and sheriffs on alert, ready to send in reinforcements, and alerted San Francisco that the city has 1,000 hospital beds at its disposal.@@@@1@32@@oe@2-2-2013 21899007@unknown@formal@none@1@S@Two Los Angeles radio stations initiated Red Cross donation campaigns, and one Los Angeles bank manager forked over $150,000 of his own money for relief purposes, the Red Cross said.@@@@1@30@@oe@2-2-2013 21899008@unknown@formal@none@1@S@The Los Angeles Red Cross sent 2,480 cots, 500 blankets, and 300 pints of Type-O blood.@@@@1@16@@oe@2-2-2013 21899009@unknown@formal@none@1@S@It is also pulling 20 people out of Puerto Rico, who were helping Huricane Hugo victims, and sending them to San Francisco instead.@@@@1@23@@oe@2-2-2013