Alterra warns of loss in 4th quarter and a charge of up to $43 million

Article Abstract:

Alterra Healthcare Corp. cautioned that it would post a loss for the 1999 fourth-quarter. The company also said that it will post a $43 million (41.8 million euros) pretax charge that will effect its figures.

Residential Care Services, Other Residential Care Facilities, Residential care facilities, Assisted living facilities, Alterra Healthcare Corp.

Minnesota Mining's profit beats estimates amid demand in Asia

Article Abstract:

Minnesota Mining and Manufacturing Co. posted higher-than-expected earnings for the second-quarter of 1999. The company was helped by a rapidly-expanding economic recovery in the Asian region. The company posted $476 million (446.3 million euros) in net income for the quarter. This comes out to $1.17 per diluted share. During the same period in 1998, Minnesota Mining posted $386 million.

Comment:

Posts higher-than-expected earnings for second-quarter of 1999

Diversified Companies, 3M Co., Abstract

Gap profit rose 32% in quarter

Article Abstract:

Gap Inc. posted an increase of 32% in its earnings for the third-quarter of 1999. The company posted $315 million (301.6 million euros) in net income for the period.

Family clothing stores, GPS, Clothing stores, Gap Inc.