Business and Finance
FINANCIAL CORP. of America reported a 97% decline in net income for the third quarter to $1.2 million. The S&L firm had a $6.8 billion deposit outflow in the period and delinquent loans grew to 4.1% of total assets from 3.5% at June 30.</br></br>A federal budget deficit of $175.34 billion for fiscal 1984 was posted by the U.S. The gap was narrower than fiscal 1983's record $195.35 billion deficit, but huge by historic standards.</br></br>---</br></br>IBM introduced computer-software programs that will enable it to offer complete packages uniting computers, word processors and terminals into computer networks. Separately, the company said it proposed to make Personal Computers in Mexico.</br></br>---