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K-C has $841 million loss in final quarter of year Even so, net income for 1995 was $213 million
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Kimberly-Clark Corp., which merged with Scott Paper Co. in
December, reported an $841.7 million quarterly loss Wednesday,
including a previously announced $1.4 billion one-time charge for
costs related to the merger.
Excluding the costs of the merger, the company reported a 32% rise
in net income, to $254.9 million.
For the year, the consolidated company posted net income of $213
million on sales of $13.8 billion.
High inventories in the former Scott product lines damp...
Related newspaper, magazine, and journal articles from HighBeam Research
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FOUNDERS BANK ACHIEVES NET INCOME OF $2.4 MILLION
The Journal Record
; A net income of more than $3.4 million, including an operating income of about $2.4 million, has been achieved over the 18 months through June 30 by Founders Bank & Trust Co. of Oklahoma City, largely because of an October 1984 merger with Commerce Bank. "The difference between the net income and
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ValueVision annual sales up 36.7%; net income flat.(BUSINESS)
Star Tribune (Minneapolis, MN)
; ValueVision International Inc., the Eden Prairie-based direct marketing and TV home-shopping company that is considering a merger with infomercial giant National Media Corp., said Thursday that its annual sales increased 36.7 percent over the previous year. Net income for the year, however,
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Canadian National Railway Sees Growth in Net Income.(Knight Ridder/Tribune Business News)
Knight Ridder/Tribune Business News
; ... said in CN's quarterly report. To see more of the Duluth News-Tribune, or to subscribe to the newspaper, go to http://www.duluthnews.com. (c) 2000, Duluth News-Tribune, Minn. Distributed by Knight Ridder/Tribune Business News.
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TEMPO NET INCOME RISES 3.1% IN 1987
The Journal Record
; TULSA - A 3.1 percent rise in net income to $2.38 million, or 42 cents per share, was reported Monday for 1987 by TEMPO Enterprises Inc. of Tulsa. That compares to net income of $2.3 million, or 40 cents per share, for 1986. Revenues, however, fell 8.9 percent to $24.8 million from $27.3 million in
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Fannie Mae Says Net Income Jumps 395% in 1986
The Washington Post
; Federal National Mortgage Association, the nation's largest supplier of conventional home mortgage funds, reported yesterday that net income for 1986 jumped by more than 395 percent, giving Fannie Mae its best profits since a restructuring that began in 1981. Fannie Mae reported 1986 net income of
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