Bon-Ton Stores, Inc

Article Abstract:

Bon-Ton Stores Inc projected a 12 to 18 cent loss for the Oct 1992 third quarter after a 4.7% reduction in same-store sales. Pres and COO Herb Ross has also reportedly resigned. These negative developments were mainly due to dismal inventory assessment. Analysts Robert Buchanan and Terry McEvoy advised a guarded attitude about the stock. Cumberland Associates, however, bought another 30,000 shares last Oct 1992 to increase its stakes to 5.4%. Bon-Ton does not pay dividends on the 11 million common shares.

Department stores, Retail Stores, NEC, Retail industry, Retail trade, The Bon-Ton Stores Inc.

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Alliant Techsystems Inc

Article Abstract:

Alliant Techsystems Inc has shown an ambivalent stock market position after it experienced a substantial drop in earnings and sales in the 3rd qtr of FY 1991. Tweedy, Browne Co LP and Vanderbilt and Company Ltd have bought an additional 159,000 shares of stock and Federated Growth Trust has voiced its intention to buy more stock. Fidelity Management & Research has divested 287,000 shares since Dec 1991.

Guided missiles and space vehicles, Aircraft, Commercial nonphysical research, Ordnance and accessories, not elsewhere classified, Tanks and tank components, Defense industries, Ammunition, exc. for small arms, not elsewhere classified, Evaluation, Stocks, Investments, Defense industry, Fidelity Management and Research Co., Tweedy, Browne Company L.P., Alliant TechSystems Inc., Vanderbilt and Company Ltd., Federated Growth Trust

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