Greyhound Corp. said earnings for 1988 more...
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Greyhound Corp. said earnings for 1988 more than quadrupled to $104.1 million from 1987. Revenue rose 32% to $3.3 billion. Greyhound said 1987 net income was reduced by net losses of $51.5 million from discontinued operations and by an extraordinary charge of $6.2 million, reflecting a premium paid on the early retirement of debt. Phoenix-based Greyhound said the company’s four segments--consumer products, services, transportation manufacturing and financial--performed above plan.
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