Petro-Lewis said the size of its expected...
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Petro-Lewis said the size of its expected write-down of oil and gas properties for the third quarter ending March 31 will be significantly greater than the $25 million reported earlier . . . Subaru of America said it raised the prices of its new cars an average of 4.9%, effective last Friday, because of the rising value of the Japanese yen . . . Telerate Inc. said it expects Quotron Systems to abide by the terms of a contract under which Quotron distributes Telerate information, regardless of whether Quotron is acquired by Citicorp . . . General Motors and the British government broke off talks over GM’s purchase of the Land Rover and Leyland units of state-owned BL PLC . . . Warnaco Inc.’s directors approved a complex recapitalization plan aimed at thwarting a $367.2-million takeover bid for the apparel maker by a Los Angeles-based investor group . . MCI Communications said it expects to raise its late-night and weekend long-distance telephone charges to mirror an April 6 rate increase proposed by American Telephone & Telegraph.
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