
                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: FRIDAY, May 20, 1994                   TAG: 9405200058
SECTION: BUSINESS                    PAGE: A11   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Medium

BRIEFLY ...

Revco D.S. Inc., a Twinsburg, Ohio, and Hook-SupeRx, of Cincinnati, both drugstore chains, said Thursday they have received a request from the Federal Trade Commission for additional information about Revco's proposed acquisition of Hook-SupeRx. Revco said it expected that the request for information, regarding a limited number of markets and received in the ordinary course of the FTC's review, will not hinder or materially delay the transaction.

United Companies Financial Corp., operator of a mortage brokerage in Roanoke, on Thursday said it has priced $305 million of mortgaged-backed pass-through certificates for a public sale to investors. UCFC Acceptance Corp., a subsidiary of United Companies, will act as depositor of a trust which will issue the securities on or about May 26. Prudential Securities Inc. will serve as underwriter.

The sale will consist of seven fixed-rate classes, to be sold at a range of yields beginning at 6.025 percent, and one adjustable-rate class, which will be sold to investors at an initial pass-through rate of 4.375 percent.

B&D Comic Shop will hold a charity auction Saturday to benefit Literacy Volunteers of America's Roanoke Valley chapter and the Old Southwest Inc. Park Fund. The auction, to begin at 11 a.m. at the comics store at 802 Elm Ave., will feature limited edition comics, trading cards and artwork.

Earnings ...

Hechinger Co., Landover, Md.-based home improvement and building materials retailer with an outlet in Roanoke, on Thursday reported earnings were $4.6 million, or 11 cents per share, in its first quarter ended April 30, compared to $3.2 million, or 8 cents per share, a year earlier. Sales for the quarter were $574.3 million, up 20 percent over $479.1 million a year ago.

by CNB