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reuters-21578

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288
12,471
YES
TRAIN
TRAINING-SET
2-MAR-1987 03:47:55.86
IRAQ DEFERS PAYMENTS ON 500 MLN DLR EUROLOAN
BAHRAIN, March 2 -
Iraq has secured agreement to defer outstanding payments on a 500 mln dlr syndicated euroloan following five months of negotiations with creditor banks. Banking sources said the rescheduling is part of Iraq's continuing effort to defer payments of foreign debt as its economy comes under strain from the Gulf War and sof...
[]
[ 13, 78 ]
[]
[]
[]
289
12,472
YES
TRAIN
TRAINING-SET
2-MAR-1987 03:52:34.29
TAIWAN CENTRAL BANK ISSUES CERTIFICATES OF DEPOSIT
TAIPEI, March 2 -
The Central Bank issued 2.14 billion Taiwan dlrs of certificates of deposit (CD), bringing the total so far this year to 86.21 billion, a bank official told Reuters. The new CD have maturities of six months and one and two years and bear interest rates ranging from 3.9 pct to 5.15 pct. The issues are aimed at curbing t...
[]
[ 148 ]
[]
[]
[]
290
12,473
YES
TRAIN
TRAINING-SET
2-MAR-1987 03:56:09.65
ICO TALKS ON COFFEE QUOTAS TO RESUME AT NOON
LONDON, March 2 -
Talks on coffee export quotas at the International Coffee Organization (ICO) special council session will resume at noon gmt today, following a last minute decision taken early this morning to extend the meeting 24 hours, ICO officials said. An 18 member contact group will meet at midday to examine new ideas, and the f...
[ 16 ]
[ 158 ]
[]
[ 29 ]
[]
291
12,474
YES
TRAIN
TRAINING-SET
2-MAR-1987 03:57:24.13
CAECL ISSUES 12 BILLION YEN EUROBOND
LONDON, March 2 -
Caisse d'Aide a l'Equipement des Collectives Locales (CAECL) is issuing a 12 billion yen eurobond due March 31, 1994 paying 5-1/8 pct and priced at 102 pct, lead manager Mitsubishi Trust International Ltd said. The non-callable bond is available in denominations of one mln yen and will be listed in Luxembourg. The sell...
[]
[ 158 ]
[]
[]
[]
292
12,475
YES
TRAIN
TRAINING-SET
2-MAR-1987 03:58:32.30
CHINESE BANKS TO ISSUE MORE BONDS, OFFICIAL SAYS
PEKING, March 2 -
China's state and collective firms do not have enough cash to operate imported equipment, so banks will issue more bonds to raise funds, a Chinese bank official was quoted by the China Daily as saying. Xie was quoted as saying the present cash shortage means some state firms do not run at full capacity and are ineffici...
[]
[ 37 ]
[]
[]
[]
293
12,476
YES
TRAIN
TRAINING-SET
2-MAR-1987 04:08:48.28
INDIAN SUGAR OUTPUT RISES IN FIRST FOUR MONTHS
NEW DELHI, March 2 -
India's sugar output to January 31 in the 1986/87 season (October/September) rose to 3.66 mln tonnes from 3.46 mln in the same 1985/86 period, the Indian Sugar Mills Association said. Total offtake in the first four months of the current year was 2.71 mln tonnes (including 241,000 tonnes imported) for domestic use and ...
[ 119 ]
[ 75 ]
[]
[]
[]
295
12,478
YES
TRAIN
TRAINING-SET
2-MAR-1987 04:15:24.58
JAPAN PLANS MORE FLEXIBLE CORPORATE BOND ISSUES
TOKYO, March 2 -
Japanese securities houses will issue new corporate bonds more quickly, accept issue requests throughout the month instead of at month-end and introduce a competitive underwriting method from April 1, to bring Japanese firms back to the Tokyo bond market, securities managers said. Domestic issues have slowed to a trick...
By Yoshiko Mori, Reuters
[]
[ 84 ]
[]
[]
[]
296
12,479
YES
TRAIN
TRAINING-SET
2-MAR-1987 04:25:39.88
NEW DUTCH ADVANCES TOTAL 4.8 BILLION GUILDERS
AMSTERDAM, 2 March -
The Dutch Central Bank said it has accepted bids totalling 4.8 billion guilders at tender for new seven-day special advances at 5.3 pct covering the period March 2 to 9 aimed at relieving money market tightness. Subscriptions to 300 mln guilders were met in full, amounts above 300 mln at 50 pct. The new facility replac...
[ 73, 55 ]
[ 111 ]
[]
[]
[]
297
12,480
YES
TRAIN
TRAINING-SET
2-MAR-1987 04:28:59.85
JAPAN BUYS SOME 95,000 TONNES SOYBEANS FROM CHINA
TOKYO, March 2 -
Japanese importers bought some 95,000 tonnes of Chinese soybeans late last month for May to September shipment, under the semi-annual trade accords, trade sources said. The FOB premium rose to 13.50 dlrs per tonne, up 2.50 dlrs from the premium for the November to April shipment, but down from 13.80 for the last May to...
[ 81, 116 ]
[ 84, 37 ]
[]
[]
[]
298
12,481
YES
TRAIN
TRAINING-SET
2-MAR-1987 04:32:15.51
SHV SAYS IT MAKING TENDER OFFER FOR UP TO 33 MLN SHARES IN IC GAS
[ 0 ]
[]
[]
[]
[]
299
12,482
YES
TRAIN
TRAINING-SET
2-MAR-1987 04:32:27.10
CHEUNG KONG (HOLDINGS) LTD <CKGH.HK> YEAR 1986
HONG KONG, March 2 -
Shr 3.25 H.K. Dlrs vs 1.40 Final div 52 cents vs 38, making 75 cents vs 57 Net 1.28 billion dlrs vs 551.7 mln Note - Earnings excluded extraordinary gains of 983.6 mln dlrs vs 81.3 mln. Bonus issue one-for-four vs nil. Share split four-for-one. Dividend payable June 3, books close May 11-21. REUTER
[ 35 ]
[ 72 ]
[]
[]
[]
301
12,484
YES
TRAIN
TRAINING-SET
2-MAR-1987 04:40:56.03
MERRILL LYNCH ISSUES 100 MLN ECU EUROBOND
LONDON, March 2 -
Merrill Lynch and Co is issuing a 100 mln Ecu eurobond due March 30, 1990, paying 7-3/8 pct and priced at 101 pct, lead manager Banque Paribas Capital Markets said. Merrill Lynch Capital Markets is co-lead manager. The issue is available in denominations of 1,000 and 10,00 Ecus and will be listed in Luxembourg. The pay...
[]
[ 158 ]
[]
[]
[]
302
12,485
YES
TRAIN
TRAINING-SET
2-MAR-1987 04:45:57.78
WALLENBERGS FIGHT BID FOR SWEDISH MATCH STAKE
STOCKHOLM, March 2 -
Sweden's Wallenberg group fought back a bid by the London-based Swedish financier Erik Penser to secure a large stake in Swedish Match <SMBS ST>, one of the companies at the core of their business empire. A statement issued by the Wallenberg holding companies AB Investor and Forvaltnings AB Providentia said they had...
[ 0 ]
[ 145 ]
[]
[]
[]
303
12,486
YES
TRAIN
TRAINING-SET
2-MAR-1987 04:51:21.76
INDONESIAN SOYBEAN IMPORTS FORECAST TO RISE
JAKARTA, March 2 -
Soybean imports are forecast to rise to 425,000 tonnes in 1987/88 (October/September) from an estimated 300,000 in 1986/87 and 375,000 in 1985/86, the U.S. Embassy said in its annual report on Indonesia's agriculture. It said Indonesia did not achieve its goal of self-sufficiency in soybean output in calendar 1986 beca...
[ 81, 116, 71, 114 ]
[ 76, 37 ]
[]
[]
[]
304
12,487
YES
TRAIN
TRAINING-SET
2-MAR-1987 04:52:58.27
SHV SAYS IT MAKING TENDER OFFER FOR IC GAS
LONDON, March 2 -
<SHV (United Kingdom) Holding Co Ltd> said it was making a tender offer for up to 33 mln ordinary shares in Imperial Continental Gas Association.<ICGS.L>. It said in a statement the offer was on the basis of 700p for each IC Gas ordinary and 252p for every one stg nominal of IC Gas loan stock. SHV already holds 6...
[ 0 ]
[ 158 ]
[]
[]
[]
305
12,488
YES
TRAIN
TRAINING-SET
2-MAR-1987 05:00:35.83
NOBEL/FINANCIERE ROBUR ISSUE FRENCH FRANC BONDS
PARIS, March 2 -
Nobel and Financiere Robur are issuing French franc domestic bonds with share warrants, according to announcements in the Official Bulletin (BALO). Nobel is issuing a 200 mln franc 10-year bond with a 5.5 pct coupon in 1,000 franc denominations, to which existing shareholders will have subscription rights in the ratio ...
[]
[ 56 ]
[]
[]
[]
306
12,489
YES
TRAIN
TRAINING-SET
2-MAR-1987 05:07:13.58
JAPANESE BANKS COOL ON NIGERIAN DEBT TALKS
TOKYO, March 2 -
Japanese banks are expected to give Nigerian debt negotiators a cool response when they arrive here tomorrow for talks, banking sources said. "We're not very enthusiastic about Nigeria's debt rescheduling," said a senior official at a leading Japanese bank. A team of Nigerian officials will meet with Japanese creditor ...
By Kunio Inoue, Reuters
[]
[ 84, 117 ]
[]
[]
[]
307
12,490
YES
TRAIN
TRAINING-SET
2-MAR-1987 05:10:17.36
U.K. MONEY MARKET DEFICIT FORECAST AT 800 MLN STG
LONDON, March 2 -
The Bank of England said it forecast a shortage of around 800 mln stg in the money market today. Among the main factors affecting liquidity, bills maturing in official hands and the take-up of treasury bills will drain some 1.61 billion stg. Partly offsetting this outflow, exchequer transactions and a fall in note circ...
[ 73, 55 ]
[ 158 ]
[]
[]
[]
309
12,492
YES
TRAIN
TRAINING-SET
2-MAR-1987 05:29:46.13
BLACK MINERS SUPPORT S. AFRICAN MINES TAKEOVER
SOWETO, South Africa, March 2 -
Thousands of black mineworkers roared support for a union proposal to seize control of South Africa's gold, uranium, platinum and coal mines if the owners refuse to improve conditions for migrant black workers. About 15,000 miners attended a rally here to endorse moves proposed by last week's annual meeting of the 200,...
[ 44, 89, 118 ]
[ 138 ]
[]
[]
[]
310
12,493
YES
TRAIN
TRAINING-SET
2-MAR-1987 05:37:03.78
THAILAND ANNOUNCES THIRD TAPIOCA QUOTA FOR EC
BANGKOK, March 2 -
Thailand's Commerce Ministry announced a new tapioca export quota of 737,987 tonnes for the European Community against 762,860 tonnes for the previous allocation. The ministry said the fresh allocation, for the February 27-July 7 shipment period, is the third under a maximum 5.5 mln tonne overall quota that Thailand ob...
[ 71, 123 ]
[ 150 ]
[]
[]
[]
311
12,494
YES
TRAIN
TRAINING-SET
2-MAR-1987 05:38:49.15
ATPC MEMBERS FIND WAYS TO CURB TIN EXPORTS
KUALA LUMPUR, March 2 -
Mine and industry officials from most member states of the Association of Tin Producing Countries (ATPC) say they have found ways to limit group exports to 96,000 tonnes in the year started March 1, according to views polled by Reuter correspondents. The plan to curb exports, agreed in January, is aimed at cutting the ...
By Rajan Moses, Reuters
[ 125 ]
[ 99, 76, 150, 172, 21, 117, 10, 23, 37 ]
[]
[ 6 ]
[]
312
12,495
YES
TRAIN
TRAINING-SET
2-MAR-1987 05:43:24.77
SOUTH KOREA TO HOLD CURRENT ACCOUNT SURPLUS DOWN
SEOUL, March 2 -
South Korea plans to take steps to keep its 1987 current account surplus below five billion dlrs, Economic Planning Board Minister Kim Mahn-je said. Kim told reporters the government would repay loans ahead of schedule and encourage firms to increase imports and investment abroad to prevent the current account surplus ...
[ 126, 6 ]
[ 139 ]
[]
[]
[]
313
12,496
YES
TRAIN
TRAINING-SET
2-MAR-1987 05:43:35.46
DUTCH OILSEEDS/FATS IMPORTS ROSE IN 1986
THE HAGUE, March 2 - Dutch imports of fat-
and oil-bearing raw materials, fats and oils rose to 2.16 mln tonnes on a fat/oil basis in 1986 from 2.12 mln tonnes in 1985, the Commodity Board for Margarine, Fats and Oils said. Exports of the same commodities fell to 1.35 mln tonnes from 1.38 mln on a fat-oil basis. Fat- and oil-bearing raw materials imports rose t...
[ 81, 122, 116, 97, 129, 115, 85, 48 ]
[ 111 ]
[]
[]
[]
314
12,497
YES
TRAIN
TRAINING-SET
2-MAR-1987 05:44:39.87
CHINA'S HEILONGJIANG PROVINCE BOOSTS GOLD OUTPUT
PEKING, March 2 -
Gold output in the northeast China province of Heilongjiang rose 22.7 pct in 1986 from 1985's level, the New China News Agency said. It gave no figures. It said the province, China's second largest gold producer after Shandong, plans to double gold output by 1990 from the 1986 level. China does not publish gold product...
[ 44 ]
[ 37 ]
[]
[]
[]
315
12,498
YES
TRAIN
TRAINING-SET
2-MAR-1987 05:48:46.98
SALE TILNEY BUYS STAKE IN U.S. INSURANCE BROKER
LONDON, March 2 -
<Sale Tilney Plc> said it has purchased 80 pct of the ordinary share capital of <B and R International Inc.>, a U.S. Insurance broker, for 5.6 mln dlrs. Sale is paying 3.6 mln dlrs in cash on completion, with the balance plus interest to be paid in equal instalments over the next six years. B and R posted pretax ...
[ 0 ]
[ 161, 158 ]
[]
[]
[]
317
12,500
YES
TRAIN
TRAINING-SET
2-MAR-1987 05:57:58.95
ESTIMATED DROP IN JAPAN CORPORATE PROFITS TRIMMED
TOKYO, March 2 -
The combined profits of Japan's major corporations, excluding financial institutions, are forecast to fall 19.2 pct in the 1986/87 year ending March 31, compared to the 19.9 pct decline projected in late November, Wako Research Institute of Economics said. The private research body also said in a statement that 437 of ...
[ 35 ]
[ 84 ]
[]
[]
[]
320
12,503
YES
TRAIN
TRAINING-SET
2-MAR-1987 06:18:21.95
INDIA BUYS 46,000 TONNES OF VEGETABLE OILS
LONDON, March 2 -
The Indian State Trading Corporation purchased 46,000 tonnes of vegetable oils at its import tender on Friday, market sources said. The business was for April shipments and comprised 20,000 tonnes of European rapeseed oil at 318 dlrs, 20,000 tonnes of soyoil, believed South American origin, at 314, and 6,000 tonnes of ...
[ 129, 96, 85 ]
[ 158, 75 ]
[]
[]
[]
322
12,505
YES
TRAIN
TRAINING-SET
2-MAR-1987 06:25:55.11
JAPAN TO PROMOTE INTEREST RATE LIBERALISATION
TOKYO, March 2 -
The Bank of Japan decided at a policy board meeting to promote further interest rate liberalisation by lowering the minimum denomination of regulation-free large deposits and by raising the interest rate ceiling on money market certificates (MMCs), a central bank official said. The new guideline will go into effect on ...
[ 55 ]
[ 84 ]
[]
[]
[]
323
12,506
YES
TRAIN
TRAINING-SET
2-MAR-1987 06:27:11.46
TAIWAN POWER FIRM PLANS MORE FOREIGN DEBT CUTS
TAIPEI, March 2 -
State-owned (Taiwan Power co) will boost its domestic borrowings to further cut its foreign debt in line with a government policy to trim the island's huge foreign exchange reserves, a company official said. The company's foreign debt, mainly from the Japanese and U.S. Banks, was cut nearly by half to 66.2 billion taiw...
[ 99 ]
[ 148, 161, 84 ]
[]
[]
[]
325
12,508
YES
TRAIN
TRAINING-SET
2-MAR-1987 06:39:53.79
TESCO ISSUES 100 MLN STG CONVERTIBLE BOND
LONDON, March 2 -
Tesco Plc <TSCO.L> is issuing a 100 mln stg convertible eurobond due February 20, 2002 paying an indicated coupon of four to 4-1/4 pct and priced at par, lead manager Credit Suisse First Boston Ltd said. The issue is callable after 90 days at 106 pct declining by one pct per annum to par thereafter. It is not callab...
[]
[ 158 ]
[]
[]
[]
326
12,509
YES
TRAIN
TRAINING-SET
2-MAR-1987 06:41:06.17
SNCF ISSUING THREE BILLION FRANC DOMESTIC BOND
PARIS, March 2 -
The French state railway company, the Ste Nationale des Chemins de Fer Francaise (SNCF), is issuing a three billion French franc domestic bond in two tranches, the bond issuing committee said. Details of the issue will be announced later and it will be listed in the Official Bulletin (BALO) of March 9. The issue will b...
[]
[ 56 ]
[]
[]
[]
327
12,510
YES
TRAIN
TRAINING-SET
2-MAR-1987 06:41:42.20
DUTCH ANIMAL FEED USAGE DOWN IN FIRST HALF SEASON
ROTTERDAM, March 2 -
Dutch animal feed usage in the first half of the current season from July through December 1986 fell 7.6 pct to 6.5 mln tonnes from 7.1 mln in the same period of 1985, figures in the latest newsletter from the co-operative Cebeco-Handelsraad show. Tapioca usage fell 9.1 pct to 1.4 mln tonnes from 1.6 mln in the first h...
[ 71, 114, 123, 45, 19, 21, 12, 81, 97, 95 ]
[ 111 ]
[]
[]
[]
329
12,512
YES
TRAIN
TRAINING-SET
2-MAR-1987 06:46:08.57
FIAT UNIT ISSUES 100 MLN DLR BOND AND WARRANTS
LONDON, March 2 -
Fiat Finance and Trade Ltd is issuing a 100 mln dlr eurobond due April 2, 1991 at 7-1/4 pct and 101-1/8 pct, lead manager Morgan Stanley International said. The issue is guaranteed by Internazionale Fiat Holding SA and is accompanied by a 200,000 currency warrant package. The bond is available in denominations of 5,000...
[]
[ 158 ]
[]
[]
[]
330
12,513
YES
TRAIN
TRAINING-SET
2-MAR-1987 06:50:18.66
U.K. CONFIRMS JANUARY STERLING M3 RISE
LONDON, March 2 -
The Bank of England said the broad measure of U.K. Money supply, Sterling M3, rose a seasonally adjusted 1.1 pct in January after a 0.2 pct rise in December. The unadjusted year-on-year rise was 17.6 pct after 18.1 pct in the year to December. The narrow measure of money supply, M0, fell by a seasonally adjusted 0.6 pc...
[ 74 ]
[ 158 ]
[]
[]
[]
331
12,514
YES
TRAIN
TRAINING-SET
2-MAR-1987 06:54:19.43
EXCO BUYS U.S. GOVERNMENT SECURITIES BROKER
LONDON, Mar 2 -
<Exco International Plc>, a subsidiary of British and Commonwealth Shipping Co Plc <BCOM.L>, said it had agreed in principle to buy an 80 pct stake in <RMJ Holdings Corp> for about 79 mln dlrs. Exco Chairman Richard Lacy told Reuters the acquisition was being made from Bank of New York Co Inc <BK.N>, which ...
[ 0 ]
[ 158, 161 ]
[]
[]
[]
332
12,515
YES
TRAIN
TRAINING-SET
2-MAR-1987 06:57:06.79
PAKISTAN TO TENDER FOR RBD PALM OIL
LONDON, March 2 -
Pakistan will hold an import tender tomorrow for 6,000 tonnes of refined bleached deodorised palm oil for second half March shipments, traders said. REUTER
[ 129, 85 ]
[ 158, 121 ]
[]
[]
[]
334
12,517
YES
TRAIN
TRAINING-SET
2-MAR-1987 06:58:00.68
COLOROLL AGREES TO BUY U.S. WALLCOVERINGS COMPANY
LONDON, March 2 -
<Coloroll Group Plc> said it has entered into a conditional agreement to acquire the business and assets of <Wallco Inc> and related companies for 14.5 mln dlrs. Miami-based Wallco manufactures and distributes wallcoverings and showed a pretax profit of 1.5 mln dlrs on turnover of 37 mln in the year ending June 1...
[ 0 ]
[ 161, 158 ]
[]
[]
[]
336
12,519
YES
TRAIN
TRAINING-SET
2-MAR-1987 07:18:18.32
U.K. MONEY MARKET SHORTAGE FORECAST REVISED DOWN
LONDON, March 2 -
The Bank of England said it revised its forecast of the shortage in the money market down to around 700 mln stg from its original estimate of 800 mln. REUTER
[ 73, 55 ]
[ 158 ]
[]
[]
[]
337
12,520
YES
TRAIN
TRAINING-SET
2-MAR-1987 07:18:46.98
ALASKA HOUSING HAS 150 MLN DLR SYNDICATED LOAN
London, March 2 -
Alaska Housing Finance Corp, a local U.S. Government agency, has become the first municipal entity to tap the syndicated loan market, receiving a 150 mln dlr, seven-year revolving loan, said Merrill Lynch Capital Markets as arranger. Merrill said the loan is a back-up to a proposed euro-commercial paper program. The sy...
[]
[ 158, 161 ]
[]
[]
[]
338
12,521
YES
TRAIN
TRAINING-SET
2-MAR-1987 07:19:13.49
SWEDEN TO GO AHEAD WITH S. AFRICAN TRADE SANCTIONS
STOCKHOLM, March 2 -
Sweden's ruling Social Democratic Party gave full power to the government to decree unilateral trade sanctions against South Africa, Prime Minister Ingvar Calrsson said. Carlsson told a news conference the party decided the fight against apartheid took priority over Sweden's traditional policy of only adopting sanction...
[ 126 ]
[ 145, 138 ]
[]
[]
[]
341
12,524
YES
TRAIN
TRAINING-SET
2-MAR-1987 07:23:29.84
U.K. MONEY MARKET RECEIVES 37 MLN STG ASSISTANCE
LONDON, March 2 -
The Bank of England said it had provided the money market with 37 mln stg assistance in the morning session. This compares with the Bank's downward revised estimate of the shortfall in the system today of around 700 mln stg. The central bank purchased bank bills outright comprising four mln stg in band one at 10-7/8 pc...
[ 73, 55 ]
[ 158 ]
[]
[]
[]
342
12,525
YES
TRAIN
TRAINING-SET
2-MAR-1987 07:27:19.76
JAPAN, U.S. SET TO BEGIN HIGH-LEVEL TRADE TALKS
TOKYO, March 2 -
Japan and the U.S. Kick off top-level trade talks tomorrow amid signs officials from both sides are growing increasingly irritated with each other. The talks, held annually at sub-cabinet level to review the whole gamut of U.S./Japan economic relations, will pave the way for American Secretary of State George Schultz's...
By Rich Miller, Reuters
[ 126 ]
[ 84, 161 ]
[]
[ 23 ]
[]
343
12,526
YES
TRAIN
TRAINING-SET
2-MAR-1987 07:30:12.41
INDIA TO HOLD WHITE SUGAR BUYING TENDER
LONDON, March 2 -
India will hold a buying tender on Wednesday, March 4, for two to three cargoes of white sugar for March/April shipment, traders said. REUTER
[ 119 ]
[ 158, 75 ]
[]
[]
[]
345
12,528
YES
TRAIN
TRAINING-SET
2-MAR-1987 07:32:06.66
CARLTON COMMUNICATIONS OPTIMISTIC FOR 1987
LONDON, March 2 -
<Carlton Communications Plc> has started the current financial year well, with accounts for the first four months showing a healthy increase on the same period last year, and Chairman M.P. Green told the annual meeting he looked forward to 1987 with optimism. The issue of 4.6 mln shares in ADR form had now been succ...
[ 35 ]
[ 158 ]
[]
[]
[]
346
12,529
YES
TRAIN
TRAINING-SET
2-MAR-1987 07:34:32.08
EC OPENS ANTI-DUMPING ENQUIRY INTO SOVIET MERCURY
BRUSSELS, March 2 -
The European Community Commission said it has opened an enquiry into allegations that the Soviet Union is dumping mercury on the European market at below-cost prices. The Commission said its decision follows a complaint from EC non-ferrous metals producers that the sales of Soviet mercury were harming their business an...
[ 118 ]
[ 16, 162 ]
[]
[ 10 ]
[]
347
12,530
YES
TRAIN
TRAINING-SET
2-MAR-1987 07:37:23.81
MANILA SAID TO OFFER DEBT BONDS TO BANKS
MANILA, March 2 -
The Philippines will offer commercial bank creditors an innovative pricing plan that will make debt payments through certificates of indebtedness instead of cash, the authoritative Business Day newspaper said. Finance Secretary Jaime Ongpin told reporters Saturday that the alternative proposal is designed to avoid an i...
[]
[ 126 ]
[ 174 ]
[]
[]
348
12,531
YES
TRAIN
TRAINING-SET
2-MAR-1987 07:39:01.67
ARGENTINE DEBT NEGOTIATOR CONFIDENT OF ACCORD
BUENOS AIRES, March 2 -
Argentina's chief debt negotiator said he was confident of a prompt accord with international creditor banks for rescheduling the country's foreign debt. "I'm quite optimistic about carrying out a serious and quick negotiation," Treasury Secretary Mario Brodersohn said on return from talks in New York with leading U.S....
[]
[ 8, 161 ]
[ 23, 105, 249, 25 ]
[ 37 ]
[]
349
12,532
YES
TRAIN
TRAINING-SET
2-MAR-1987 07:39:23.30
GULF ARAB DEPUTY OIL MINISTERS TO MEET IN BAHRAIN
ABU DHABI, March 2 -
Deputy oil ministers from six Gulf Arab states will meet in Bahrain today to discuss coordination of crude oil marketing, the official Emirates news agency WAM reported. WAM said the officials would be discussing implementation of last Sunday's agreement in Doha by Gulf Cooperation Council (GCC) oil ministers to help e...
[ 28 ]
[ 156, 13, 132, 88, 129 ]
[]
[ 51 ]
[]
350
12,533
YES
TRAIN
TRAINING-SET
2-MAR-1987 07:39:34.16
MANILA OFFICIALS SPLIT OVER DEBT STRATEGY
MANILA, March 2 -
A rift has occured among Philippine officials over debt talks opening tomorrow in New York with Economic Planning Secretary Solita Monsod accusing the chief negotiator of softening his stand to gain a quick agreement. Monsod told Reuters Finance Secretary Jaime Ongpin had decided not to insist on Manila's creditor bank...
[]
[ 126 ]
[ 174 ]
[]
[]
352
12,535
YES
TRAIN
TRAINING-SET
2-MAR-1987 07:43:22.81
SAUDI ARABIA REITERATES COMMITMENT TO OPEC ACCORD
BAHRAIN, March 2 -
Saudi Arabian Oil Minister Hisham Nazer reiterated the kingdom's commitment to last December's OPEC accord to boost world oil prices and stabilize the market, the official Saudi Press Agency SPA said. Asked by the agency about the recent fall in free market oil prices, Nazer said Saudi Arabia "is fully adhering by the ...
[ 28 ]
[ 132, 13 ]
[ 95 ]
[ 51 ]
[]
353
12,536
YES
TRAIN
TRAINING-SET
2-MAR-1987 07:43:41.57
KUWAIT MINISTER SAYS NO EMERGENCY OPEC TALKS SET
KUWAIT, March 2 -
Kuwait's oil minister said in a newspaper interview that there were no plans for an emergency OPEC meeting after the recent weakness in world oil prices. Sheikh Ali al-Khalifa al-Sabah was quoted by the local daily al-Qabas as saying that "none of the OPEC members has asked for such a meeting." He also denied that Kuwa...
[ 28 ]
[ 88 ]
[]
[ 51 ]
[]
354
12,537
YES
TRAIN
TRAINING-SET
2-MAR-1987 07:49:14.27
TAIWAN PLANS NEW TARIFF CUTS
TAIPEI, March 2 -
Taiwan plans another round of deep tariff cuts this year to help narrow its trade surplus with the U.S., A senior economic planner said. Wang Chao-Ming, vice-chairman of the council for economic planning and development, told Reuters Taiwan would further reduce import tariffs on 1,700 products sometime in the second ha...
By Andrew Browne, Reuters
[ 126 ]
[ 161, 148, 139, 72 ]
[]
[]
[]
356
12,564
YES
TRAIN
TRAINING-SET
2-MAR-1987 08:04:31.50
HUTCHISON SEES HIGHER PAYOUT, SATISFACTORY PROFITS
HONG KONG, March 2 -
Hutchison Whampoa Ltd <HWHH.HK> expects satisfactory profits in 1987 and will pay a higher dividend for the year, chairman Li Ka-shing said. He did not make any specific projections for the company's earnings this year but he said the firm will pay a dividend of not less than 32.5 cents per share after a proposed fo...
[ 35 ]
[ 72 ]
[]
[]
[]
359
12,541
YES
TRAIN
TRAINING-SET
2-MAR-1987 08:15:10.94
FUNARO SAYS BRAZIL NEEDS MORE, FASTER FINANCE
WASHINGTON, March 2 -
Brazil would not have suspended payments on debt owed to foreign banks if it had received more and faster financing from official lending agencies, Finance Minister Dilson Funaro said. He said he would not seek more money from the International Monetary Fund to which Brazil paid 922 mln dlrs last year and said Brazil's...
[]
[ 161, 23 ]
[]
[ 37 ]
[]
361
12,543
YES
TRAIN
TRAINING-SET
2-MAR-1987 08:16:59.80
SCIENTIFIC MICRO SYSTEMS <SMSI> ACUIRES SUPERMAC
NEW YORK, March 2 -
Scientific Micro Systems Inc said it has acquired Supermac Technology, a rapidly growing supplier of enhancement products and disc drive subsystems for the Apple personal computer market. Scientific Micro said it acquired all the common stock of Supermac in exchange for 1.05 mln shares of its own common stock. The stoc...
[ 0 ]
[ 161 ]
[]
[]
[]
362
12,544
YES
TRAIN
TRAINING-SET
2-MAR-1987 08:17:56.66
AMERICAN EXPRESS <AXP> VIEWING SHEARSON OPTIONS
NEW YORK, March 2 -
American Express Co, rumored to be considering a spinoff of part of Shearson Lehman Brothers Inc, said it is studying a range of options for its brokerage unit that could improve Shearon's access to capital and help it meet broadening international competition. In a joint statement, American Express and Shearson said t...
By Patti Domm, Reuters
[ 0 ]
[ 161 ]
[]
[]
[]
366
12,548
YES
TRAIN
TRAINING-SET
2-MAR-1987 08:22:40.30
ROPAK <ROPK> HAS 34 PCT OF BUCKHORN <BKN>
FULLERTON, Calif., March 2 -
Ropak Corp said it received and accepted about 456,968 common shares and 527,035 Series A convertible preferred shares of Buckhorn Inc at four dlrs and 5.75 dlrs each respectively in response to its tender offer that expired Friday, and it now owns 34.4 pct of Buckhorn voting power. The company had owned 63,000 common ...
[ 0 ]
[ 161 ]
[]
[]
[]
368
12,550
YES
TRAIN
TRAINING-SET
2-MAR-1987 08:25:42.14
PHILADELPHIA PORT CLOSED BY TANKER CRASH
PHILADELPHIA, March 2 -
The port of Philadelphia was closed when a Cypriot oil tanker, Seapride II, ran aground after hitting a 200-foot tower supporting power lines across the river, a Coast Guard spokesman said. He said there was no oil spill but the ship is lodged on rocks opposite the Hope Creek nuclear power plant in New Jersey. He said ...
[ 28, 108 ]
[ 161 ]
[]
[]
[]
369
12,551
YES
TRAIN
TRAINING-SET
2-MAR-1987 08:25:56.49
PENRIL <PNL> SEEKS TO SELL TWO UNITS
ROCKVILLE, Md., March 2 -
Penril Corp said it is seeking to sell its Triplett Electrical Instrument Corp subsidiary in Bluffton, Ohio, and Triplett's Alltest division in Hoffman Estates, Ill., as part of a plan to concentrate on its three profitable division and reduce its debt load. The company also said it is evaluating a plan to satisfy its ...
[ 0 ]
[ 161 ]
[]
[]
[]
371
12,553
YES
TRAIN
TRAINING-SET
2-MAR-1987 08:26:35.85
<DALE BURDETT INC> FACES DAMAGE CLAIM
WESTMINSTER, Calif., March 2 -
Dale Burdett Inc said it faces damages claims totalling about 420,000 dlrs from the former owners of Burdett Publications Inc. The company said on February 20, 1986, its predecessor Nolex Development Inc acquired Burdett Publications Inc in an exchange of 17 mln common shares for all Burdett Publications shares, but th...
[ 0 ]
[ 161 ]
[]
[]
[]
372
12,554
YES
TRAIN
TRAINING-SET
2-MAR-1987 08:29:05.15
PUROLATOR <PCC> IN BUYOUT WITH HUTTON <EFH>
NEW YORK, March 2 -
New Jersey-based overnight messenger Purolator Courier Corp said it has agreed to be acquired for about 265 mln dlrs by a company formed by E.F. Hutton LBO Inc and certain managers of Purolator's U.S. courier business. Analysts have said that Purolator has been for sale for some time. Purolator announced earlier it was...
By Patti Domm
[ 0 ]
[ 161 ]
[]
[]
[]
374
12,556
YES
TRAIN
TRAINING-SET
2-MAR-1987 08:40:10.61
PAKISTAN COTTON OUTPUT REACHES 7.7 MLN BALES
KARACHI, March 2 -
Pakistan cotton production during the current crop season (Sept/March) reached 7.7 mln bales of 375 pounds each, up 500,000 from last season, Shafi Niaz, Chairman of the Agricultural Prices Commission, said. Official sources said Pakistan was likely to use 3.4 mln bales of cotton during the current financial year endin...
[ 22 ]
[ 121 ]
[]
[]
[]
376
12,558
YES
TRAIN
TRAINING-SET
2-MAR-1987 08:41:41.32
FINANCIAL SANTA BARBARA <FSB> TO MAKE PURCHASE
SANTA BARBARA, Calif., March 2 -
Financial Corp of Santa Barbara said it has signed a definitive agreement to purchase Stanwell Financial, the lending operations unit of mortgage banking company <Stanwell Mortgage>, for undisclosed terms. Reuter
[ 0 ]
[ 161 ]
[]
[]
[]
377
12,559
YES
TRAIN
TRAINING-SET
2-MAR-1987 08:42:00.68
ALCAN TO CLOSE WEST GERMAN ALUMINIUM SMELTER
ESCHBORN, West Germany, March 2 -
<Alcan Aluminiumwerke GmbH>, a subsidiary of Alcan Aluminium Ltd <AL.N> of Canada, said it plans to close its aluminium smelter in Ludwigshafen at the end of June. A spokesman said Alcan was closing the smelter, with annual capacity of 44,000 tonnes and 320 employees, because of high electricity costs and the low...
[ 1 ]
[ 167, 31 ]
[]
[]
[]
378
12,560
YES
TRAIN
TRAINING-SET
2-MAR-1987 08:43:02.74
BBC AG BROWN BOVERI UND CIE <BBCZ.Z> 1986 YEAR
BADEN, Switzerland, March 2 -
Parent Company net profit 12.8 mln Swiss francs vs 7.5 mln. Orders received 2.21 billion francs vs 2.61 billion. Sales 2.25 billion francs vs 2.49 billion. Group sales 13.83 billion francs vs 13.88 billion. Group orders 11.03 billion francs vs 13.00 billion. REUTE
[ 35 ]
[ 146 ]
[]
[]
[]
379
12,561
YES
TRAIN
TRAINING-SET
2-MAR-1987 08:43:25.91
MARRIOTT <MHS> TO SELL HOTEL
TORONTO, March 2 -
<Four Seasons Hotels> said it and <VMS Realty Partners> of Chicago have agreed to purchase the Santa Barbara Biltmore Hotel from Marriott Corp for an undisclosed amount. It said the venture will rename the hotel the Four Seasons Biltmore at Santa Barbara and invest over 13 mln dlrs in improvements on the 228-room...
[ 0 ]
[ 161 ]
[]
[]
[]
381
12,563
YES
TRAIN
TRAINING-SET
2-MAR-1987 08:43:56.94
BROWN BOVERI OMITS DIVIDEND, PLANS WARRANT BOND
BADEN, Switzerland, March 2 -
BBC AG Brown Boveri und Cie <BBCZ.Z> said it will omit dividend in 1986 for the second consecutive year. It said it planned to invite shareholders and non-voting stockholders to subscribe to a warrant bond issue of around 150 mln Swiss francs to be made after the June 2 annual meeting. The value of the stock subscri...
[ 35 ]
[ 146 ]
[]
[]
[]
382
12,565
YES
TRAIN
TRAINING-SET
2-MAR-1987 08:47:06.03
U.S. CORPORATE FINANCE - ASSET-BACK MARKET GROWS
NEW YORK, March 2 -
The U.S. asset-backed debt securities market, which grew explosively last year, is broadening and investment bankers say 1987 could see a variety of issuers. "It is interesting to note that the first two asset-backed deals of the year were done by commercial banks," said Anthony Dub, who heads First Boston Corp's asset...
By John Picinich, Reuters
[]
[ 161 ]
[]
[]
[]
383
12,566
YES
TRAIN
TRAINING-SET
2-MAR-1987 08:50:09.11
VIACOM SAID IT HAS NEW NATIONAL AMUSEMENTS, MCV HOLDINGS BIDS
[ 0 ]
[]
[]
[]
[]
387
12,570
YES
TRAIN
TRAINING-SET
2-MAR-1987 09:02:51.89
LAROCHE STARTS BID FOR NECO <NPT> SHARES
NEW YORK, March 2 -
Investor David F. La Roche of North Kingstown, R.I., said he is offering to purchase 170,000 common shares of NECO Enterprises Inc at 26 dlrs each. He said the successful completion of the offer, plus shares he already owns, would give him 50.5 pct of NECO's 962,016 common shares. La Roche said he may buy more, and pos...
[ 0 ]
[ 161 ]
[]
[]
[]
388
12,571
YES
TRAIN
TRAINING-SET
2-MAR-1987 09:03:08.11
<SDC SYDNEY DEVELOPMENT CORP> NINE MTHS LOSS
VANCOUVER, British Columbia, March 2 -
Period ended December 31, 1986 Oper shr loss 1.08 dlrs vs loss 84 cts Oper loss 7,700,000 vs loss 1,700,000 Revs 11,800,000 vs 9,800,000 Note: Current shr and net exclude extraordinary gain of 300,000 dlrs or five cts shr, versus extraordinary gain of 200,000 dlrs or four cts shr Reuter
[ 35 ]
[ 31 ]
[]
[]
[]
389
12,572
YES
TRAIN
TRAINING-SET
2-MAR-1987 09:03:18.94
SENIOR ENGINEERING MAKES 12.5 MLN DLR US PURCHASE
LONDON, March 2 -
<Senior Engineering Group Plc> said it reached agreement with <Cronus Industries Inc> to acquire the whole share capital of <South Western Engineering Co> for 12.5 mln dlrs cash. This sum is being financed by a term loan. South Western is one of the U.S.'s leading manufacturers of heat transfer equipment, with...
[ 0 ]
[ 158, 161 ]
[]
[]
[]
390
12,573
YES
TRAIN
TRAINING-SET
2-MAR-1987 09:03:35.84
CHEUNG KONG CHAIRMAN SEES STRONG RESULTS IN 1987
HONG KONG, March 2 -
Cheung Kong (Holdings) Ltd <CKGH.HK> is expecting strong results this year after reporting better than expected profits in 1986, chairman Li Ka-shing said. He did not give a specific earnings projection but he told reporters the firm will pay total dividends of not less than 19 cents a share this year after a one-fo...
[ 35 ]
[ 72 ]
[]
[]
[]
391
12,574
YES
TRAIN
TRAINING-SET
2-MAR-1987 09:04:40.79
OCCIDENTAL <OXY> UNIT TO REDEEM DEBENTURES
LOS ANGELES, March 2 -
Occidental Petroleum Corp said its MidCon Corp subsidiary will redeem on March 31 all 269,000 dlrs of its outstanding 10-1/4 pct convertible subordinated debentures due 2009 at 107.18 pct of par. It said interest payable March 31 will be paid in the usual manner to holders of record on March 15. The debentures convert ...
[]
[ 161 ]
[]
[]
[]
392
12,575
YES
TRAIN
TRAINING-SET
2-MAR-1987 09:15:11.93
WHITTAKER CORP 1ST QTR OPER SHR 17 CTS VS 25 CTS
[ 35 ]
[]
[]
[]
[]
393
12,576
YES
TRAIN
TRAINING-SET
2-MAR-1987 09:16:08.70
VIACOM <VIA> RECEIVES TWO REVISED OFFERS
NEW YORK, March 2 -
Viacom International Inc said it received revised merger offers from <National Amusements Inc> and <MCV Holdings Inc>. The company said the special committee plans to meet later today to review both offers. Viacom said National Amusements' Arsenal Holdings Inc raised the value of its offer for the Viacom shares n...
[ 0 ]
[ 161 ]
[]
[]
[]
394
12,577
YES
TRAIN
TRAINING-SET
2-MAR-1987 09:19:07.47
DOW <DOW> TO OFFER 130 MLN DLRS IN SWISS NOTES
MIDLAND, MICH., Mar 2 -
Dow Chemical Co said it will issue 200 mln Swiss franc-denominated bonds worth about 130 mln dlrs U.S. at current exchange rates. The 12-year bonds will carry a coupon of 4-3/4 pct and will be sold primarily to European investors for 100.25 pct of face value, Dow said. Proceeds from the offering will be used to refinan...
[]
[ 161 ]
[]
[]
[]
395
12,578
YES
TRAIN
TRAINING-SET
2-MAR-1987 09:19:23.20
FRENCH ESTIMATE 86/87 WHEAT DELIVERIES UNCHANGED
PARIS, March 2 -
The French Cereals Intervention Board, ONIC, left its estimate of French 1986/87 (July/June) soft wheat deliveries unchanged from its last forecast at 21.98 mln tonnes. This compared with deliveries of 24.38 mln tonnes in 1985/86 (August/July). Estimated 1986/87 maize deliveries were also left unchanged from ONIC's pre...
[ 45, 130, 19, 4 ]
[ 56 ]
[]
[]
[]
396
12,579
YES
TRAIN
TRAINING-SET
2-MAR-1987 09:20:19.86
WASTE MANAGEMENT CORP VOTES TWO FOR ONE STOCK SPLIT AND BOOSTS QTLY DIVIDEND TO 18 CTS
[ 35 ]
[]
[]
[]
[]
398
12,581
YES
TRAIN
TRAINING-SET
2-MAR-1987 09:24:13.35
PITTSTON AGREES TO ACQUIRE WTC INTERNATIONAL IN EXCHANGE OF STOCK
[ 0 ]
[]
[]
[]
[]
399
12,582
YES
TRAIN
TRAINING-SET
2-MAR-1987 09:24:34.15
TUESDAY MORNING INC <TUES> 4TH QTR NET
DALLAS, March 2 -
Shr 1.19 dlrs vs 1.46 dlrs Net 3,150,185 vs 2,665,284 Revs 27.9 mln vs 24.1 mln Avg shrs 2,653,646 vs 1,826,858 Year Shr 1.45 dlrs vs 1.37 dlrs Net 3,611,802 vs 2,502,443 Sales 62.2 mln vs 52.8 mln Avg shrs 2,489,978 vs 1,826,858 Reuter
[ 35 ]
[ 161 ]
[]
[]
[]
400
12,583
YES
TRAIN
TRAINING-SET
2-MAR-1987 09:25:42.34
DIAGNOSTIC/RETRIEVAL SYSTEMS INC MAKES 53 MLN DLR BID FOR ROSPATCH CORP
[ 0 ]
[]
[]
[]
[]
401
12,584
YES
TRAIN
TRAINING-SET
2-MAR-1987 09:28:21.66
MILLER TABAK HAS 91.8 PCT OF PENN TRAFFIC <PNF>
NEW YORK, March 2 -
<Miller Tabak Hirsch and Co> said it has received an accepted 3,424,729 common shares of Penn Traffic Co in response to its 31.60 dlr per share tender offer that expired Friday, and together with the 380,728 shares it already owned, it now has about 91.8 pct of Penn Traffic. The company said Penn Traffic is expected...
[ 0 ]
[ 161 ]
[]
[]
[]
402
12,585
YES
TRAIN
TRAINING-SET
2-MAR-1987 09:28:48.30
COFFEE QUOTA TALKS CONTINUE BUT NO AGREEMENT YET
LONDON, March 2 -
Coffee quota talks at the International Coffee Organization council meeting here continued this afternoon, but producers and consumers still had not reached common ground on the key issue of how to estimate export quotas, delegates said. The 54 member contact group was examining a Colombian proposal to resume quotas Ap...
[ 16 ]
[ 158 ]
[]
[ 29 ]
[]
403
12,586
YES
TRAIN
TRAINING-SET
2-MAR-1987 09:28:54.43
FEDERAL INDUSTRIES SETS COMMERCIAL PAPER ISSUE
WINNIPEG, Manitoba, March 2 -
<Federal Industries Ltd> said it introduced a commercial paper program with an authorization of 440 mln dlrs through agents <Bank of Montreal>, <Dominion Securities Inc> and Wood Gundy Inc. Net proceeds from the sale of notes will be used for general corporate purposes and will replace existing outstanding deb...
[]
[ 161 ]
[]
[]
[]
404
12,587
YES
TRAIN
TRAINING-SET
2-MAR-1987 09:31:07.69
WASTE MANAGEMENT <WMX> VOTES SPLIT, UPS PAYOUT
OAK BROOK, ILL., Mar 2 -
Waste Management Corp said its board voted a two-for-one stock split payable April 21, record March 30. In other action, Waste Management directors approved an increase in the quarterly dividend to 18 cts from 14 cts, payable April three, record March 18. Reuter
[ 35 ]
[ 161 ]
[]
[]
[]
405
12,588
YES
TRAIN
TRAINING-SET
2-MAR-1987 09:31:27.97
POREX TECHNOLOGIES <PORX> SETS INITIAL DIVIDEND
FAIR LAWN, N.J., March 2 -
Porex Technologies Corp said its board declared an initial annual dividend of 10 cts per share, its first payout, payable March 26 to holders of record March 12. Reuter
[ 35 ]
[ 161 ]
[]
[]
[]
406
12,589
YES
TRAIN
TRAINING-SET
2-MAR-1987 09:31:36.26
DAVIS WATER <DWWS> DECLARES STOCK DIVIDEND
THOMASVILLE, Ga., March 2 -
Davis Water and Waste Industries Inc said its board declared a 33-1/3 pct stock dividend, payable March 23 to holders of record March 12. Reuter
[ 35 ]
[ 161 ]
[]
[]
[]
407
12,590
YES
TRAIN
TRAINING-SET
2-MAR-1987 09:31:58.00
MEDCO CONTAINMENT <MCCS> SETS INITIAL PAYOUT
ELMWOOD PARK, N.J., March 2 -
Medco Containment Services Inc said its board declared an initial annual dividend of 10 cts per share, its first payout, payable March 19 to holders of record March 12. Reuter
[ 35 ]
[ 161 ]
[]
[]
[]
408
12,591
YES
TRAIN
TRAINING-SET
2-MAR-1987 09:33:32.93
PITTSTON <PCO> AGREES TO ACQUIRE WTC <WAF>
STAMFORD, Conn., March 2 -
Pittston Co said it has tentatively agreed to acquire WTC International N.V. in a tax-free exchange of stock. Pittston said it agreed to exchange 0.523 common share for each of the about 8,612,000 WTC common shares outstanding. Pittston said WTC's three principal shareholders, who own 62 pct of its stock, are parties t...
[ 0 ]
[ 161 ]
[]
[]
[]
409
12,592
YES
TRAIN
TRAINING-SET
2-MAR-1987 09:34:10.64
SDC SYDNEY COST REVIEW MAY ELIMINATE PRODUCTS
VANCOUVER, British Columbia, March 2 -
<SDC Sydney Development Corp>, earlier reporting an increased nine month operating loss, said a cost control review now underway may result in cost reduction and elimination of unprofitable and non-strategic products and services. The company's operating loss for the nine months ended December 31, 1986 increased to ...
[ 35 ]
[ 31 ]
[]
[]
[]
410
12,593
YES
TRAIN
TRAINING-SET
2-MAR-1987 09:35:01.76
<MULTI-STEP PRODUCTS INC> SIX MTHS DEC 31 LOSS
TORONTO, March 2 -
Shr loss 11 cts Loss 739,146 Revs 11,754,251 Note: initial public listing December, 1986 Reuter
[ 35 ]
[ 161 ]
[]
[]
[]
411
12,594
YES
TRAIN
TRAINING-SET
2-MAR-1987 09:35:41.47
U.K. MONEY MARKET OFFERED BORROWING FACILTIES
LONDON, March 2 -
The Bank of England said it had offered borrowing facilities to those discount houses wishing to use them at 1430 GMT. The Bank also said it provided the money market 456 mln stg assistance in the afternoon session bringing its total help so far today to 493 mln stg. This compares with its forecast of a shortage in the...
[ 73, 55 ]
[ 158 ]
[]
[]
[]
413
12,596
YES
TRAIN
TRAINING-SET
2-MAR-1987 09:36:46.03
NETHERLANDS GRANTS 47 MLN DLRS TO BANGLADESH
DHAKA, March 2 -
Bangladesh will receive a grant equivalent to 47 mln U.S. Dlrs from the Netherlands during 1987 under an agreement signed here Saturday, officials said. This raised the amount of Dutch grants to Bangladesh to 759 mln dlrs since 1972, used mainly for commodity imports and implementing development projects, they said. Re...
[]
[ 14, 111 ]
[]
[]
[]
414
12,597
YES
TRAIN
TRAINING-SET
2-MAR-1987 09:37:12.60
QUEBEC'S CAISSE DES JARDINS ISSUES YEN EUROBOND
LONDON, March 2 -
Caisse Centrale Desjardins du Quebec is issuing a 10 billion yen step-up eurobond maturing on March 25, 1992 and priced at 101-3/4 pct, joint-bookrunner Warburg Securities said. The issues pays a coupon of one pct in years one and two and then pays a coupon of 7-7/8 pct in years three, four and five. The selling conces...
[]
[ 158 ]
[]
[]
[]
415
12,598
YES
TRAIN
TRAINING-SET
2-MAR-1987 09:38:05.80
DOW CHEMICAL LAUNCHES 200 MLN SWISS FRANC BOND
ZURICH, March 2 -
Dow Chemical Co has launched a 200 mln Swiss franc, 12-year bond with a 4-3/4 pct coupon priced at 100-1/4 pct, lead manager Union Bank of Switzerland said. The issue carries a call option from 1993 at 102 pct, declining thereafter by 1/2 percentage point per year. Subscriptions close March 18 and payment date is April...
[]
[ 146 ]
[]
[]
[]
416
12,599
YES
TRAIN
TRAINING-SET
2-MAR-1987 09:38:13.72
SWISS SIGHT DEPOSITS RISE 3.10 BILLION FRANCS
ZURICH, March 2 -
Sight deposits by commercial banks at the Swiss National Bank rose by 3.10 billion Swiss francs to 10.53 billion in the last 10 days of February, the National Bank said. Foreign exchange reserves fell 3.06 billion francs to 30.64 billion. Sight deposits are an important measure of Swiss money market liquidity. The decl...
[ 99 ]
[ 146 ]
[]
[]
[]
417
12,600
YES
TRAIN
TRAINING-SET
2-MAR-1987 09:39:50.97
[ 45, 80 ]
[ 161 ]
[]
[]
[]
418
12,601
YES
TRAIN
TRAINING-SET
2-MAR-1987 09:42:34.14
CONSOLIDATED TVX SAYS IT WILL ISSUE SHARES TO BUY STAKES IN THREE BRAZIL MINING FIRMS
[ 0 ]
[]
[]
[]
[]
419
12,602
YES
TRAIN
TRAINING-SET
2-MAR-1987 09:43:38.51
BRAZIL CRITICISES ADVISORY COMMITTEE STRUCTURE
LONDON, March 2 -
Brazil is not happy with the existing structure of the 14-bank advisory committee which coordinates its commercial bank debt, Finance Minister Dilson Funaro said. U.S. Banks have 50 pct representation on the committee while holding only 35 pct of Brazil's debt to banks, he said, adding "This is not fair with the Europe...
By Sandy Critchley, Reuters
[]
[ 158, 23, 161, 84 ]
[ 129, 38, 25 ]
[ 37, 55 ]
[]