ROANOKE TIMES
Copyright (c) 1996, Roanoke Times
DATE: Saturday, February 17, 1996 TAG: 9602190030
SECTION: BUSINESS PAGE: A-8 EDITION: METRO
Fieldcrest Cannon Inc.
4th qtr. ended 12-31 1995 1994
Revenues $284.6 million $297.4 million
Net income ($17.7 million) $10 million
Share earnings ($2.11) $1.03
Full year ended 12-31
Revenues $1.095 billion $1.063 billion
Net Income ($15.7 million) $30.7 million
Share earnings ($2.28) $3.02
Fieldcrest Cannon operates a towel mill in the Henry County community of Fieldale.
U.S. Industries
1st qtr ended 12-31 1995 1994
Revenues $515 million $505 million
Net income $56 million $11 million
Share earnings $1.05 not applicable
U.S. Industries of Iselin, N.J., owns Jacuzzi Whirlpool Bath of Walnut Creek, Calif., which is hiring workers for a planned Salem manufacturing plant. Share earnings for 1994 are not listed because U.S. Industries is an industrial management company formed in June 1995 to operate 34 businesses in the United States which were spun off by London conglomerate Hanson Plc.
United Dominion Realty Trust
4th qtr ended 12-31 1995 1996
Revenues $82.7 million $70.1 million
Net income $5.5 million $5.8 million
Share earnings 10 cents 11 cents
Full year ended 12-31
Revenues $308.8 million $221.1 million
Net Income $26.5 million $19.1 million
Share earnings 50 cents 41 cents
United Dominion Realty Trust is a real estate investment trust (REIT) based in Richmond. It operates some apartment complexes in the Roanoke Valley. The company said apartment occupancy slipped slightly in the second half of 1995, but rent growth accelerated.
* Figures in parentheses indicate a loss.
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