Reported by Star-Bulletin staff & wire
Wednesday, January 28, 1998
United flights getting Hawaii-style entrees
Hawaii-style entrees designed by chef and restaurant operator Sam Choy will be offered on United Airlines flights between Chicago, San Francisco and Los Angeles and Honolulu, Kahului and Kona starting Sunday.The specialty items will include pulehu lamb chops, honey-mustard glazed salmon and macadamia nut crusted ono.
United said its Tokyo-Honolulu and Osaka-Honolulu flights will get the Sam Choy menus March 1.
UAL reports 63% jump in 4th-quarter profits
CHICAGO -- The parent of United Airlines and Shuttle by United said today its fourth-quarter earnings jumped 63 percent as more passengers filled the carrier's seats on domestic flights and paid more per ticket.For the three months ended Dec. 31, UAL Corp. reported net income rose to $231 million, or $1.74 a diluted share, from $142 million, or $1.06 a share, the comparable period a year earlier.
The Elk Grove Village, Ill.-based carrier's earnings easily exceeded Wall Street expectations of $1.62 a diluted share, according to a survey of analysts by First Call Corp.
Netscape stock drops on news of big loss
MOUNTAIN VIEW, Calif. -- Netscape Communications Corp. shares fell as much as 13 percent after the company reported a larger-than-expected loss in the fourth quarter.The shares later recovered somewhat, down 37 cents at $16.50 in late afternoon trading.
The software maker late yesterday said its loss before charges was $20.8 million, or 22 cents a diluted share, compared with net income of $8.16 million, or 9 cents a share, in the year-earlier period. The company was expected to lose 17 cents a share.
NEC says net will fall due to Korean crisis
TOKYO -- Japanese electronics giant NEC said today its earnings would fall sharply short of expectations this year due to a slide in computer chip prices triggered by South Korea's economic woes.NEC, Japan's biggest chip maker, said profits would plunge 51 percent to $357 million in the fiscal year ending March 31.