BIZWATCH : MARKETS.MARKET LOGIC: Stocks barely oved Thrusday, edging lower as investors awaited today's inflation report and itnerest rates flirted with another seven-month high in the bond market.. 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 23.79 to 6,540.05. MEMO FILM ROMAN FIRES EMPLOYEES: North Hollywood-based Film Roman has laid off an undisclosed number of employees, mostly production staffers on the ``Blues Brothers'' animated series along with several administrative employees. A spokesman said the employees were put on hiatus while ``Blues Brothers'' is being retooled and noted that the series may be moved back a year by UPN UPN User Principal Name (Microsoft Windows 2000) UPN United Paramount Network UPN Unión del Pueblo Navarro (Navarrese People Union) UPN Umgekehrte Polnische Notation from its fall 1997 launch date. SLUSSER NAMED TO DTS (1) (Digital Theatre Sound) A digital audio encoding system used in movie and home theaters. Popularized by the movie Jurassic Park, the six-channel (5. POST: Westlake Village-based Digital Theater Systems DTS (also known as Digital Theater Systems), owned by DTS, Inc. (NASDAQ: DTSI), is a multi-channel digital surround sound format used for both commercial/theatrical and consumer grade applications. has named film industry veteran Dan Slusser as vice chairman and chief executive officer. Slusser recently left Universal Studios after 23 years; he had been vice president of MCA MCA in full Music Corporation of America Entertainment conglomerate. It was founded in Chicago in 1924 by Jules Stein as a talent agency. In the 1960s it bought Decca Records and Universal Pictures, and today it produces films, music, and television shows. Inc., senior vice president of Universal City Studios and chairman of the Universal Facilities Rental Division. CHEROKEE INCOME, REVENUES UP: Cherokee Inc. of Van Nuys reported a net income of $1.2 million (15 cents a share) and net revenues of $1.9 million for the third quarter ended March 1. In the like period a year ago, net income was $212,000 (3 cents) on revenues of $387,000. Cherokee's business consists of marketing and licensing its brand name. It used to make apparel and shoes. BANKS REPORT EARNINGS: American Pacific Bank of Sherman Oaks reported first-quarter earnings of $706,000, or 14 cents a share, up 11 percent from earnings of $653,000, or 13 cents a share, in the 1996 period. Officials with the eight-branch bank say the increase was due to a reduction in its provision for credit losses as the local economy improved. Thousand Oaks-based Los Robles Robles is a common surname in the Spanish language meaning oaks, and may refer to:
EARNINGS House of Fabrics Inc. ? CAPTION(S): 2 Charts Chart: (1--Color) DOW INDUSTRIALS) (2--Color)BIZ FACTS COSTLY TALES OF SIX CITIES Average per diem per diem adj. or n. Latin for "per day," it is short for payment of daily expenses and/or fees of an employee or an agent. costs for the typical international business traveler, 1997. |
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