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BRIEFCASE DIODES SHARES UP 20% ON FORECAST.


Byline: - Staff and Wire Services

WESTLAKE VILLAGE - Optimistic op·ti·mist  
n.
1. One who usually expects a favorable outcome.

2. A believer in philosophical optimism.



op
 projections for the third quarter sent shares of Diodes Inc. on a tear Thursday, closing up more than 20 percent.

The semiconductor manufacturer reported it expects revenue growth to be close to 5 percent higher than the $47 million it saw last quarter. The gross margin should be slightly above 32 percent, based on new products and manufacturing efficiencies.

After the release of the news, shares climbed $3.97 to close at $22.87.

Albertsons sued for sharing names

SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay.  - A consumer advocacy group has sued Albertsons Inc., alleging that the supermarket chain sells prescription information to drug companies without alerting customers.

Privacy Rights Clearinghouse Privacy Rights Clearinghouse (PRC) is a project of the Utility Consumers' Action Network (UCAN), an American 501(c)(3) non-profit consumer advocacy organization. The Privacy Rights Clearinghouse is devoted to upholding the right to privacy and protecting consumers against identity  accuses Albertsons and its pharmacy units - SavOn Drug Stores, Osco Drug Osco Drug is a chain of pharmacy stores which operate under Supervalu Pharmacies. Most Oscos currently can be found in Jewel supermarkets. Since 2006, Osco is a wholly owned subsidiary of Supervalu Pharmacies of Eden Prairie, Minnesota-based Supervalu.  and Jewel Osco - of sharing customer names, addresses, phone numbers and prescribed medications. That information is allegedly used to solicit customers by mail or over the phone.

The suit was filed without fanfare in May in San Diego Superior Court and announced by the San Diego-based consumer group Thursday. It asks that Albertsons end the alleged practice and seeks unspecified monetary damages Monetary damages, in civil law, refers to compensation given to an injured party by a liable party. Monetary damages may be restitution, a penalty, or both.  for unfair business practices and deceptive advertising.

Arnold pushing for his drug option

SACRAMENTO - Gov. Arnold Schwarzenegger Arnold Alois Schwarzenegger (German pronunciation (IPA): [ˈaɐ̯nɔlt ˈaloɪ̯s ˈʃvaɐ̯ʦənˌʔɛɡɐ] , facing political fallout if he vetoes bills helping Californians import cheaper prescription drugs from Canada, pressed pharmaceutical industry leaders Thursday for an alternative plan to cut drug costs for California's poorest residents.

Schwarzenegger called the heads of several pharmaceutical companies Thursday, an aide said, and pushed them to back his cost-cutting alternatives, which have already been rejected by state lawmakers. His proposals would establish group discounts, give poor Californians electronic cards that pharmacists could ``swipe'' to find the cheapest prices and hire an outside vendor to negotiate other price discounts. Advocates for bills on the governor's desk that make it easier to import drugs said Thursday's telephone calls reveal the political dilemma Schwarzenegger faces if he kills legislation likely to be popular with voters, but opposed by giant pharmaceutical companies that are among his biggest campaign contributors.

Some of the same companies, including Amgen, Pfizer and Abbott Laboratories Abbott Laboratories (NYSE: ABT) is a diversified pharmaceuticals and health care company. It has over 65,000 employees and operates in 130 countries. The corporate headquarters are in Abbott Park, Illinois, a neighborhood of North Chicago, Illinois. , helped pay for Schwarzenegger and his staff to travel to the Republican National Convention in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 this month.

Alaska Airlines Alaska Airlines, (NYSE: ALK) is an airline based in Seattle, Washington, United States. It operates hubs at Seattle-Tacoma International Airport, Ted Stevens Anchorage International Airport, Los Angeles International Airport, and Portland International Airport.  is cutting 900 jobs

SEATTLE - Alaska Airlines is cutting nearly 900 jobs and will close its Oakland maintenance facility as part of efforts to become more competitive against low-cost carriers and save up to $35 million annually.

The nation's ninth-largest carrier, which employs more than 11,000 employees, said last month that it was cutting up to 150 management positions. On Thursday, it announced plans to shed an additional 750 jobs.

The cuts mark the airline's first major layoffs since the Sept. 11, 2001, terrorist attacks.
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Business
Publication:Daily News (Los Angeles, CA)
Geographic Code:1USA
Date:Sep 10, 2004
Words:460
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