Loral announces stock split after posting record earnings
Loral Corp. announced record sales and earnings for the first quarter of its fiscal 1996, which ended June 30. Loral earnings rose 26% from the same period a year before to $69.3 million on sales of $1.5 billion, up 12%. Bookings rose 13%, to $1.36 billion. Meanwhile, the corporation's board of...
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