Card Briefs: Ideon Group Posts Loss Of $7.8M for 3d Quarter

loss of $7.8 million, or $0.28 per share, compared with net income of $6.6 million, or $0.23 per share, for the third quarter of 1994. The net loss included a $10.8 million pretax charge covering costs related to the elimination of the Family Protection Network and the withdrawal of marketing support for the Professional Golfers Association cobranded card, plus subsequent layoffs. Total Ideon revenues for the third quarter were $57.5 million, up 24%.

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