UNITED BRANDS <UB> SEES 3RD QTR NET UP
United Brands Co said it expects to
report substantially improved earnings for the third quarter
over the year-ago 4,300,000 dlrs or 26 cts per share.
    The company also said it has repurchased 695,000 common
shares for about 28 mln dlrs from affiliate <Great American
Communications Co>.
    The company said it has authorized the repurchase of an
additional 750,000 common shares in market or private
transactions from time to time.
 Reuter
