Alterra warns of loss in 4th quarter and a charge of up to $43 million

Article Abstract:

Alterra Healthcare Corp. cautioned that it would post a loss for the 1999 fourth-quarter. The company also said that it will post a $43 million (41.8 million euros) pretax charge that will effect its figures.

Residential Care Services, Other Residential Care Facilities, Residential care facilities, Assisted living facilities, Alterra Healthcare Corp.

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Minnesota Mining's profit beats estimates amid demand in Asia

Article Abstract:

Minnesota Mining and Manufacturing Co. posted higher-than-expected earnings for the second-quarter of 1999. The company was helped by a rapidly-expanding economic recovery in the Asian region. The company posted $476 million (446.3 million euros) in net income for the quarter. This comes out to $1.17 per diluted share. During the same period in 1998, Minnesota Mining posted $386 million.

Comment:

Posts higher-than-expected earnings for second-quarter of 1999

Diversified Companies, 3M Co., Abstract

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Gap profit rose 32% in quarter

Article Abstract:

Gap Inc. posted an increase of 32% in its earnings for the third-quarter of 1999. The company posted $315 million (301.6 million euros) in net income for the period.

Family clothing stores, GPS, Clothing stores, Gap Inc.

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