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BRIEFLY

May 15, 1987

Los Angeles-based Logicon Inc. said that it will report lower than expected earnings for the year ended March 31 as the result of recording an additional $5-million (57 cents per share after federal tax benefits) provision for losses on a military contract. . . . The Investment Company Institute said the assets of the nation's 381 money-market mutual funds fell $683.4 million in week ended May 13.

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