URS Corp
Article Abstract:
URS Corp posted a 120% leap in profits for the fiscal nine months through July 1992. CEO Martin Koffel remarked that the growth in profits and 13% increase in revenues were accomplished despite project delays. The company is taking advantage of higher margins and reduced interest costs from the company's payment of 3/4 of its debts to push through with plans for major infrastructure and environmental projects. The projects include renovation of the main library of the Cleveland Public Library and design and engineering of the Pentagon.
Publication Name: The Insiders' Chronicle
Subject: Business
ISSN: 0162-5152
Year: 1992
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Interstate/Johnson Lane, Inc
Article Abstract:
Interstate/Johnson Lane, Inc (IS) posted its sixth consecutive quarter of rising profits. IS gained 7.5% in revenues during the latest quarter of 1992. CEO Parks Dalton remarked that the relatively low increase in revenue was indicative of the market's return to normalcy. IS' June quarter profit of $2.3 million was the company's largest since its emergence from a three-year slump. Dalton credited the company's Fixed Income and Interstate Group divisions and new account executives for the quarter's sterling performance.
Publication Name: The Insiders' Chronicle
Subject: Business
ISSN: 0162-5152
Year: 1992
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Sunbeam-Oster Co., Inc
Article Abstract:
Sunbeam-Oster Company Inc was given favorable ratings by two followers of the appliance sector. Deepjak Raj gave Sunbeam a '1-1' or 'Buy' rating because of its 24% earnings growth and strong market share. Andrew Shore of Paine Webber gave the company an 'Attractive' rating. Shore ascribed to Sunbeam's product brand names the company's sales growth. He also credited Sunbeam's hold on the market to the company's wide range of products and strong balance sheet.
Publication Name: The Insiders' Chronicle
Subject: Business
ISSN: 0162-5152
Year: 1992
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