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La Crosse Tribune in La Crosse, Wisconsin

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

La Crosse Tribune

Location

La Crosse, Wisconsin, United States of America

Date

Oct 16, 1976

Page

5

Dollar Leaders and Brand Listing Amid Industry Terms

A listing of multiple company names and product codes appears, including Varian, Dw, Vendo Co, Vetco, Watreva, Warners, WasWat, and WestgE, interspersed with numeric tokens such as 124 and 372 and a quoted item 4 mm a. The fragment reads like a catalog or OCR-dense industry directory snippet without a clear narrative.

Varian

Quarterly Profits Rise For Some Corporations

Major American firms reported higher quarterly earnings after a weak prior year third quarter. Notable gains included Westinghouse up 18 percent to $50 million, American Can to $34.9 million, NCR up 58 percent to $25 million, and IBM up 185 percent to $586.9 million, with Kodak and Xerox posting declines due to currency-exchange effects. Merrill Lynch also rose 72 percent to $17 million on bond trading income, while IBM warned growth may not sustain into 1976 due to late 1975 data-processing purchases.

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Stocks Up And Down On New York Exchange

New York AP reports the NYSE stocks and warrants with the largest upward and downward percent changes this week. Excludes securities trading below $2. Changes reflect the difference between last week’s close and this week’s close.

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Earnings Reports Weigh On Market As Dow Dips

The week saw the Dow Jones average fall 15.38 to 937.00 amid a string of declines. The S&P 500 slipped 1.68 to 100.88 and the NYSE composite fell 0.95 to 53.90 as investors absorbed weaker earnings signals and a cautious economic outlook.

NEW York Standard & Poor New York Stock Exchange

Trane Reports Record Third Quarter Profits

Trane Co posted a record third quarter profit of 5,476,000 with earnings of 98 cents per share on sales of 115,215,000. Costs reductions and higher sales fueled a more than 1 million rise from 1975’s 4,341,000. For the nine months ending Sept 30, net earnings reached 15,824,000 or 2.84 per share versus 11,305,000 or 2.03 per share in 1975.

Trane Co la Crosse Trane

Also Mentioned on This Page

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