Hanger Orthopedic Group, Inc

Article Abstract:

Hanger Orthopedic Group bounced back from its 1991 net loss and registered better earnings in fiscal year 1992 to improve its financial status. The company is now consolidating its position through the acquisition of eight patient care rehabilitation centers to achieve its projected earnings of $100 million by 1993. The company is considering another 15-18 centers for subsequent acquisitions which can generate a $40 million increase in revenue base. Patient care centers earnings constitute about 85% of Hanger's sales.

Specialty outpatient clinics, not elsewhere classified, Mergers, acquisitions and divestments, Rehabilitation centers, Hanger Orthopedic Group Inc.

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Corning Inc

Article Abstract:

Corning Inc Dir Gordon Gund bought 66,000 shares of the firm's stock since Dec 27, 1992 before its price dropped by 14% and another 16,400 shares after the fall. All in all, he amassed 82,400 shares just in time for a 15% sales increase and a 21% improved earnings that the glass manufacturing firm enjoyed in the Mar 1992 quarter. The revelation that sister company Dow Corning Corp's breast implant products did not pass through necessary safety tests caused the drop in Corning's stock.

Pressed and blown glass, not elsewhere classified, Synthetic rubber, Plastics materials and resins, Products of purchased glass, Aluminum foundries, Product defects and recalls, Investments, Dow Corning Corp., Glass industry, Corning Inc., Gund, Gordon

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American Medical Electronics Inc

Article Abstract:

American Medical Electronics Inc's equity value declined by 70% after disclosing that its Sep 1992 quarters earnings fell short by four cents. Analyst John Boettiger is relatively pessimistic about the stock as he lowered his 1992 and 1993 earnings projections for the medical device designer. The estimates for the Dec 1992 quarter revenue, however, are positive. The company has no dividends on the 7.8 million shares.

Electromedical equipment, American Medical Electronics Inc.

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