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Smart & Final fills cracks in food distribution network

Article Abstract:

Smart and Final Inc is a Santa Barbara, CA-based supplier of food and non-food products to the institutional feeding market. The company has carved a niche in the market dominated by the food distributors, wholesale clubs and supermarkets. Sales for the 3rd qtr period are up by 17.6% to $506 million. Stock analysts predict 20% to 23% growth in corporate earnings. The stock's price ranges between 21 to 15 and is currently priced at 19.

Groceries, general line, Food industry, Smart and Final Inc., SMF

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Duty Free International, Inc

Article Abstract:

Duty Free International Inc's stock is trading at $45 per share with price/earning ratio of 45. The Ridgefield, CT-based operator of duty-free shops has quadrupled sales over the past five years. Stocks analysts predict 1992 net earnings of $1.40 and that the share price may reach $65 within a year.

Misc. general merchandise stores, Retail Stores, NEC, World Duty Free Americas Inc., DFI

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Enron Corp

Article Abstract:

Enron Corp (ENE) plans to repurchase up to 2 million of its shares in open-market transactions in 1992. The buy-back program will be financed out of the company's excess cash flow. The Houston, Tx-based gas producer and distributor reported earnings of $2.15, up from 1991's $1.76.

Gas production and-or distribution, Enron Corp., ENE

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