BIZWATCH : MARKETS.MARKET LOGIC: A powerful profit report from Dell Computer energized the technology sector, but blue-chip shares pulled back Wednesday as the inflation picture clouded just a day after the Federal Reserve said not to worry. The Dow Jones industrial average Dow Jones Industrial Average The best known U.S. index of stocks. A price-weighted average of 30 actively traded blue-chip stocks, primarily industrials including stocks that trade on the New York Stock Exchange. fell 12.77 to 7,290.69, swinging from an early 49-point gain to a 64-point deficit before recovering. The morning advance would have beaten the May 15 record finish of 7,333.55. MEMO MEMO Memorandum MEMO Medicines Monitoring Unit (University of Dundee) MEMO Medical Equipment Management Office MEMO Mission-Essential Maintenance Only MEMO Mission-Essential Maintenance Operations MEMO Mental Modeler SPELLING NAMES PRESIDENT: TV producer Spelling Entertainment named veteran executive Peter H. Bachmann president to oversee day-to-day operations, filling a post that had been vacant since March 1996 when Steven Berrard departed. Bachmann, who joined Spelling in 1993, has been executive vice president, Office of the President, since October 1994. Bachmann previously worked for Imagine Films Entertainment and NBC NBC in full National Broadcasting Co. Major U.S. commercial broadcasting company. It was formed in 1926 by RCA Corp., General Electric Co. (GE), and Westinghouse and was the first U.S. company to operate a broadcast network. . ?13- Daily News YAPP YAPP Yet Another Perl Parser compiler YAPP Yet Another PHP Portal YAPP Young Artists Piano Program (Tanglewood Institute) YAPP Youth Adult Participation Project TAKES OVER 20TH CENTURY VIDEOS: 20th Century Fox has combined its domestic and international home video businesses and named the new unit 20th Century Home Entertainment. Jeffrey Yapp, who had headed the foreign operations, was named president of the new unit, which generates nearly $2 billion in annual sales. Yapp, 38, will also oversee the worldwide marketing and distribution of Fox Interactive products. Fox's video business had been headed until last week by Robert DeLellis, who left after 13 years. ?13- Daily News STATE GIVES GRANT TO LONG BEACH CENTER: Gov. Pete Wilson For others named Pete Wilson, see . Peter Barton Wilson (born August 23, 1933) is an American Republican politician from California. Wilson served as the thirty-sixth Governor of California (1991–1999), the culmination of more than three decades in the public arena that announced a $1.2 million grant Wednesday for the Long Beach Transition Center to help find jobs for dislocated dis·lo·cate tr.v. dis·lo·cat·ed, dis·lo·cat·ing, dis·lo·cates 1. To put out of usual or proper place, position, or relationship. 2. workers. Wilson said the transition center ``has proven to be highly successful at securing quality job training and getting dislocated workers back on the job.'' The Long Beach center is linked electronically to other job placement centers in the area. The center provides career and personal counseling; job development assistance; resources to develop resumes and application letters; phone rooms; interviewing and other job information resources (1) The data and information assets of an organization, department or unit. See data administration. (2) Another name for the Information Systems (IS) or Information Technology (IT) department. See IT. . ?13- City News Service EARNINGS Flamemaster Corp. Sun Valley-based high performance sealants, adhesives and coatings manufacturer March 2nd. Qtr. 1997 1996 Sales $875,143 $746,286 Net Income $109,535 $115,670 Net Per Share 9 cents 9 cents Rexhall Industries Inc. Lancaster-based motor-home manufacturer March 1st Qtr. 1997 1996 Sales $17.7 million $15.1 million Net Income $538,000 $461,000 Net Per Share 20 cents 17 cents Revenues reached an all-time high for the quarter. CAPTION(S): 2 Charts Chart: (1--Color) DOW INDUSTRIALS (2--Color) BIZ FACTS BUSY SIGNALS Telephone use, in selected countries Knight-Ridder Tribune tribune, in ancient Rome, one of various officers. The history of the office of tribune is closely associated with the struggle of the plebs against the patrician class to achieve a more equitable position in the state. From c.508 B.C. Graphics Network |
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