Earnings skyrocket at Unisys

Article Abstract:

Blue Bell-based Unisys first quarter profits for 1999 were high with a net of $88.4 million and revenues of $1,812.4 million. Soaring profits were associated with the Y2K problem as companies buy new servers and other hardware related to the year 2000 conversion. Unysis services' sector business that does consulting developing software and network setups also increased (13%) this quarter. However, CEO Lawrence A. Weinbach, sees profits decreasing at the latter half of the year as most companies will be up to Y2K compliance.

Comment:

Blue Bell-based Unisys 1st quarter profits for '99 were high with a net of $88.4 million and revenues of $1,812.4 million

Electronic Computer Manufacturing, Computers & Auxiliary Equip, Unisys Corp.

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Home Health warns of huge losses

Article Abstract:

Home Health Care has delayed filing its earnings report for the second quarter but expects to report a loss of $40 million to $60 million. The company attributes the losses mainly to cuts in Medicare reimbursment ordered by Congress.

United States, Health Care and Social Assistance, HEALTH SERVICES, Medical & Health Services, Medical care, Home Health Corporation of America Inc., HHCA

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Growth is off the ground for jet-part firm's units

Article Abstract:

Triumph Group, which manufactures and repairs aircraft parts, sees an overall sales increase for the first time in six quarters.

Aircraft Parts, Other Aircraft Parts and Auxiliary Equipment Manufacturing, Airports, flying fields, & services, Aircraft parts and equipment, not elsewhere classified, Other Support Activities for Air Transportation, Aircraft Service & Repair, Triumph Group Inc.

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