Path: bloom-picayune.mit.edu!snorkelwacker.mit.edu!americast.com!americast.com!americast-post Newsgroups: americast.twt.metro From: americast-post@AmeriCast.Com Organization: American Cybercasting Approved: americast-post@AmeriCast.com Subject: Headline Article Date: Mon, 26 Oct 92 14:37:03 EST Message-ID: \SE B;METROPOLITAN;MONEY;METRO FIRMS \BY Tony Munroe \CR THE WASHINGTON TIMES S=NEW STORY Eskimo Pie earnings warm up in quarter Eskimo Pie Corp., the Richmond maker of ice cream treats, said net income for the third quarter ended Sept. 30 improved 20 percent to $1.46 million (41 cents a share) from $1.22 million (37 cents) for the same quarter last year. Sales dipped 8 percent to $16.2 million from $17.7 million for the year-ago period. S=NEW STORY Net income improves for T. Rowe Price T. Rowe Price Associates Inc., a Baltimore broker, said net income for the third quarter ended Sept. 30 rose 18 percent to $10.3 million (68 cents a share) from $8.6 million (58 cents) for the same quarter a year ago. Revenues improved 18 percent to $62.1 million from $52.6 million for the year-ago period. S=NEW STORY Cadmus net income rises 18 percent Cadmus Communications Corp., a Richmond graphics and printing company, said net income for the first quarter ended Sept. 30 increased 18 percent to $708,000 (12 cents a share) from $597,000 (10 cents) for the same quarter last year. Sales rose slightly to $44.7 million from $44.4 million for the year-ago quarter. S=NEW STORY PharmaKinetics files reorganization plan PharmaKinetics Laboratories Inc. of Baltimore said it has filed its plan for reorganization in its Chapter 11 proceeding in the U.S. Bankruptcy Court for the District of Maryland. The company noted that on June 9 it reached an agreement on its debt obligations to Maryland National Bank. Under the accord, the bank agreed to accept an allowed claim of $8.3 million in a plan of reorganization to be filed before Dec. 31. Of the bank's total claim, about $5.95 million is to be paid in cash - $4 million of which was paid on June 9. Another $2.35 million will take the form of a term note. Other terms provide for $500,000 working capital and a $500,000 line of credit for the company. +++ This article is copyright 1992 The Washington Times. Redistribution to other sites is not permitted except by arrangement with American Cybercasting Corporation. For more information, send-email to usa@AmeriCast.COM