BIZWATCH : MARKETS.MARKET LOGIC: 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. , which rose a record 257 points Tuesday, added just 14.86 to 7,894.64, surrendering most of an earlier 65-point gain after the release of some robust auto sales Auto Sales The major producers of domestic automobiles report sales monthly. These numbers are seasonally adjusted by the U.S. Department of Commerce and are available to the public one to five business days after the end of each month. data that stoked stoked adj. Slang 1. Exhilarated or excited. 2. Being or feeling high or intoxicated, especially from a drug. the market's nagging inflation fears. MEMO SONY SETS ``MIB'' RELEASE DATE: Sony Corp. has set Nov. 25 as the release date for the video version of ``Men In Black'' at a suggested retail price of $22.95, three weeks after Universal Studios rolls out the video for ``The Lost World: Jurassic Park.'' ``Men In Black'' has taken in $235.1 million domestically since its July 1 release, making it the year's top movie at the box office. Analysts believe the home video can sell between 15 million and 20 million copies. ?13- Daily News THQ THQ Toy Headquarters THQ Territorial Headquarters THQ Tehsil Headquarters (Pakistan) THQ The Holy Quran THQ Theater Headquarters REFINANCES LOAN: Calabasas-based THQ Inc. has entered into an agreement for a larger and lower cost banking facility with Imperial Bank. The new agreement is designed to mirror the seasonal trends of THQ's business, providing advances under the credit line of up to $15 million during THQ's peak selling season, and up to $12 million outside the peak season. The former agreement provided for advances up to $9 million. ?13- Daily News UNIVERSAL TO RE-RELEASE ``JACKAL'': Universal Studios announced it will re-release the original ``Day of the Jackal jackal, name for several Old World carnivorous mammals of the genus Canis, which also includes the dog and the wolf. Jackals are found in Africa and S Asia, where they inhabit deserts, grasslands, and brush country. ,'' first out on home video in 1983, in November to coincide with its new Bruce Willis Walter Bruce Willis (born March 19, 1955) is an American actor and singer. He came to fame in the late 1980s and has since retained a career as both a Hollywood leading man and a supporting actor, in particular for his role as John McClane in the Die Hard series. movie, ``Jackal.'' ``Day of the Jackal'' will have a suggested retail price of $14.98. Universal also will launch a Hercules and Xena Road Adventure promotional tour to six cities starting Oct. 10 to celebrate the direct-to-video animated movie, ``Hercules & Xena: the Battle for Mount Olympus.'' The video will go on sale Jan. 6 for $19.98. ?13- Daily News GNC GNC General Nutrition Centers GNC Gas Natural Comprimido (Argentina) GNC Guidance, Navigation, and Control GNC Grand National Championship (ATV racing) GNC Global Navigation Chart TO OPEN MORE L.A. STORES: General Nutrition Co. Inc., a nationwide retailer of nutritional supplements Nutritional Supplements Definition Nutritional supplements include vitamins, minerals, herbs, meal supplements, sports nutrition products, natural food supplements, and other related products used to boost the nutritional content of the diet. , announced plans Wednesday to open 20 stores in the Los Angeles market by 2002. The Pittsburgh-based company has targeted Los Angeles for expansion because it typically does well in metropolitan markets with large suburban areas, said Russ Cooper, GNC Franchising senior vice president and general manager. ?13- City News Service KUSHNER-LOCKE SIGNS DISNEY DEAL: The Kushner-Locke Co. announced it has closed a 15-picture deal with an option for five more titles with the Disney Channel in the United Kingdom. Under the deal, Kushner-Locke will provide its live-action ``Magic Adventures'' family films to the Disney Channel in the United Kingdom over the next three years. ?13- City News Service HERBALIFE SIGNS AGREEMENT WITH SUPPLIERS: Herbalife International Inc. said it reached new agreements with three of its current suppliers of weight management pills and nutritional supplements. The three-year agreements with closely held A phrase used to describe the ownership, management, and operation of a corporation by a small group of people. In a closely held corporation, the same people often act as shareholders, directors, and officers, and no outside investors exist. D&F Industries, Dynamic Products Inc. and Raven Industries Inc. will become effective Jan. 12 when the current supply agreements expire. The contracts give Herbalife ownership or control of almost all the formulas for about 40 weight management and nutritional supplements. ?13- Bloomberg News CAPTION(S): 2 Charts Chart: (1--Color) DOW INDUSTRIALS (2--Color) BIZ FACTS Car costs Average total cost of a new car in the U.S., second quarter, 1997 Knight-Ridder Tribune Graphics Network |
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