P.M. BRIEFING : Unisys Reports Plunge in Profits
<i> From Times wire services</i>
BLUE BELL, Pa. —
Unisys Corp. today reported that its second-quarter profit plunged and that it had a net loss per common share after paying preferred stock dividends.
The nation’s third-largest computer company blamed the results in part on weak domestic sales.
Unisys said it earned $11.8 million, down from $53.6 million in the second quarter of 1989.