Path: bloom-picayune.mit.edu!enterpoop.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, 23 Nov 92 15:07:21 EST Message-ID: Lines: 70 \SE B;METROPOLITAN;MONEY;METRO FIRMS \BY Beverley Collins \CR THE WASHINGTON TIMES S=NEW STORY Eskimo Pie joins distribution network Eskimo Pie Corp. of Richmond has joined the nationwide distribution network of Main St. & Main Inc. of Scottsdale, Ariz. The network, which now extends to 11 Western states including Alaska and Hawaii, will begin distributing Eskimo Pie brands and related licensed products by Jan. 2. S=NEW STORY Genicom plans to lay off employees Genicom Corp. said it will lay off between 80 and 100 employees. Employees at the computer printer manufacturer were told of the layoffs, effective at the end of their shifts, when they went to work Friday. Paul T. Winn, president and chief executive officer, said in August that it would consolidate operations at the Waynesboro plant and move corporate headquarters from Waynesboro to Chantilly. Chuck Dumas, general manager at the Waynesboro plant, said the layoff is part of that restructuring program, and two more sets of layoffs are expected in early 1993. S=NEW STORY Ryland removed from recommended list Oppenheimer & Co., saying it is increasingly uneasy about Ryland Group Inc.'s short-term prospects, removed the stock from its recommended list. Analyst Barbara K. Allen reduced her 1992 estimate for Ryland, the Columbia-based developer, to $1.70 a share from $2.00 and her 1993 projection to a range of $2.00 to $2.50 from $3.00. Ryland reported earning $1.18 for the first nine months of this year and 53 cents for all of 1991. S=NEW STORY NationsBank plans $2.5 billion offering NationsBank Corp. said it has filed a shelf registration with the Securities and Exchange Commission to issue up to $2.5 billion of corporate debt securities and preferred stock. The filing gives the company the option to issue new debt securities or additional preferred shares. The company said it has no definite timetable for the issuance of these securities. 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