Printer Friendly
The Free Library
19,607,059 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

BRIEFCASE CHEROKEE PROFIT ROSE SLIGHTLY.


Byline: - Staff and Wire Reports

VAN NUYS - Cherokee Inc. increased revenue and earnings slightly in the first quarter, the brand manager announced Wednesday.

Revenues climbed to $12.2 million from $12 million in the same period the year before. Earnings rose to $5.5 million, 64 cents per share Cents per share

The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned.
, from $5.3 million, 63 cents per share in the like period. Revenues from the Cherokee brand declined at Target stores, but international revenue more than doubled.

Cherokee's stock lost 25 cents to close at $23.26 on Wednesday.

Jakks will add Marvel games

MALIBU - Jakks Pacific JAKKS Pacific, Inc. NASDAQ: JAKK is is a multi-brand company that designs and markets a broad range of toys and consumer products and is based in Malibu, California. Its product categories include action figures, art activity kits, stationery, writing instruments, performance  Inc. announced Wednesday that it has expanded its relationship with Marvel Enterprises Inc. The toy maker will add games based on The Incredible Hulk, Blade, Daredevil and Ghost Rider Ghost Rider or Ghost Riders may refer to:
  • Ghost Rider (motorcyclist), a Swedish motorcycle stunt rider and illegal street racer.
  • GhostRider, a roller coaster.
 to its TV Games line of electronic devices, set to debut in 2005. Jakks already has a deal in place to release a title based on Marvel's Spider-Man, slated for an October release.

Both systems will retail for $20.

Semiconductor need rising

SAN JOSE San Jose, city, United States
San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850.
 - Driven by demand for personal computers, cell phones and other devices, worldwide semiconductor sales are expected to jump 28.6 percent to a record $214 billion this year, an industry group forecast Wednesday.

The Semiconductor Industry Association expects that revenues will top the previous sales record of $204 billion in 2000. The group, however, predicts growth will slow to 4.2 percent in 2005 and fall by 0.8 percent in 2006 before rebounding again in 2007.

PC sales, which account for about 30 percent of the semiconductor market, are expected to grow by 13 percent in 2004. Previously, the group projected growth of 11 percent.

The Asia-Pacific region, which now accounts for 40 percent of the global semiconductor market, is expected to reach 43 percent by 2007, the SIA Sia (sī`ə) or Siaha (sī`əhə), in the Bible, family returned from the Exile.

SIA - Serial Interface Adaptor
 reported. Sales are expected to jump from $62.8 billion in 2003 to $106 billion in 2007.

Oracle buy would cost IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries)  millions

SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden  - Technology giant IBM Corp. has calculated that it would lose millions of dollars in software sales if Oracle Corp. prevails in its year-old quest to buy PeopleSoft Inc., according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 evidence submitted Wednesday in a key antitrust trial.

Oracle submitted the confidential documents as part of an effort to question the credibility of an IBM software consultant called to testify by the Department of Justice, which is seeking to block Oracle's $7.7 billion bid for rival business software maker PeopleSoft.

Nancy Thomas, a top executive for IBM Business Consulting Services, largely supported one of the government's main premises - that only Oracle, PeopleSoft and Germany-based SAP are equipped to sell complex accounting and personnel software to the nation's largest companies.
COPYRIGHT 2004 Daily News
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Business
Publication:Daily News (Los Angeles, CA)
Geographic Code:1USA
Date:Jun 10, 2004
Words:444
Previous Article:MORRILL NAMED CHIEF OF DISNEYTOON ARM.
Next Article:PANAVISION ROLLS OUT NEW DIGITAL CAMERA.
Topics:



Related Articles
IN BRIEF.
IN BRIEF.
LESS HIP, MORE WALLET CHEROKEE GROUP CONTINUES STRING OF PROFITABLE YEARS.
TARGET TO KEEP POPULAR BRAND CHEROKEE KEEPS ITS RETAIL PARTNER.
BRIEFCASE CHEROKEE BRANDS EARNINGS STRONGER.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles