ROANOKE TIMES
Copyright (c) 1996, Roanoke Times
DATE: Friday, November 1, 1996 TAG: 9611010037
SECTION: BUSINESS PAGE: A11 EDITION: METRO
Interstate/Johnson Lane Inc.
4th qtr. ended 9-30 1996 1995
Revenues $50.2 million $50.7 million
Net Income $2.2 million $2.0 million
Share earnings 37 cents 33 cents
Year ended 9-30
Revenues $208.8 million $184.2 million
Net Income $9.4 million $5.9 million
Share earnings $1.55 94 cents
Interstate/Johnson Lane Inc., based in Charlotte, N.C., a brokerage firm with an office in Roanoke, increased its quarterly dividend from 3 cents to 4 cents a share payable Nov. 28 to shareholders on Nov. 7. The board also renewed repurchase of up to one million shares of its stock.
McDermott International Inc.
2nd qtr. ended 9-30 1996-97 1995-96
Revenues $806.9 million $813.3 million
Net Income ($12.4 million) $9.1 million
Share earnings (27 cents) 13 cents
6 months ended 9-30
Revenues $1.68 billion $1.63 billion
Net Income ($20.3 million) $17.9 million
Share earnings (45 cents) 25 cents
McDermott International Inc. of New Orleans is the parent of Babcock & Wilcox Power Generation and Government Groups in Lynchburg.
*Figures in parentheses indicate a loss.
LENGTH: Short : 39 linesby CNB