After a very disappointing first quarter, NCR Corp came up trumps in the second quarter and its determined buying in of its own shares left a striking earnings per share performance – see page five: the company said that despite continuing softness in the US computer market, it should post profit and turnover gains in the second half over the same period last year; foreign orders were substantially ahead of the year-ago level and were at record levels, off-setting the decline in US orders, with bank automation terminals and cheque processing equipment particularly strong, while the NCR Tower series of Unix computers posted its third consecutive record sales quarter.
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