BRIEFCASE FOX TO MESH LOCAL, FOREIGN BUSINESS.Byline: - Staff and Wire Services Fox Filmed Entertainment is merging its domestic and international home entertainment businesses into one operation, the company said Thursday. Fox, which counts the ``Star Wars Trilogy,'' ``The Passion of The Christ'' and ``I, Robot'' among its releases, hopes the move will bolster its sales of DVDs and other spinoff products from its trove of TV shows and films. ``The business is morphing and evolving and we have to do the same,'' said Fox spokesman Steven Feldstein. ``This was a logical step.'' Mike Dunn Mike Dunn (born 20 November 1971) is an English snooker player who currently lives in Redcar. Dunn turned professional in 1991. His best performance in a ranking competition came in the 2005 Malta Cup when he beat five players including Marco Fu and David Gray to reach the last 16 , who headed Fox's domestic home entertainment unit, was named president of the combined operation Noun 1. combined operation - a military operation carried out cooperatively by two or more allied nations or a military operation carried out by coordination of sea, land, and air forces , Twentieth Century Fox Home Entertainment. Northrop reports increased profits CENTURY CITY - Northrop Grumman Northrop Grumman Corporation (NYSE: NOC) is an aerospace and defense conglomerate that is the result of the 1994 purchase of Grumman by Northrop. The company is the third largest defense contractor for the U.S. Corp. reported Thursday earnings of $409 million, or $1.11 per share, for the first quarter of the year, up from $236 million, or 65 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. , for the same period last year. Income for the global defense contractor Noun 1. defense contractor - a contractor concerned with the development and manufacture of systems of defense armed forces, armed services, military, military machine, war machine - the military forces of a nation; "their military is the largest in the region"; rose 72 percent to $398 million, or $1.08 per share, from $232 million, or 64 cents per share, for the same period of 2004. Oil firms post record earnings EL SEGUNDO El Segundo (ĕl sēgŭn`dō), industrial city (1990 pop. 15,223), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1917. Its products include navigation and computer systems, aircraft parts, office machines, telephone apparatus, and - With gasoline prices near record levels, El Segundo-based Unocal Corp. reported Thursday record preliminary first quarter net earnings of $454 million, or $1.66 per share. Earnings for the independent oil and gas company were up 69 percent over the $269 million, or $1 per share, reported in the same period a year ago, when gas cost about 40 cents a gallon less. The news Thursday was similar at ExxonMobil, Royal Dutch/Shell Group of Cos. and Marathon Oil Marathon Oil Corporation NYSE: MRO, based in Houston, Texas, is a worldwide oil and natural gas exploration and production company. Principal exploration activities are in the United States, Norway, Equatorial Guinea, Angola and Canada. Co., which also reported sharply higher profits despite a drop in production. Workers file suit against auto shop Employees filed a class-action lawsuit against a Santa Monica-based chain of 27 auto repair shops that abruptly closed, leaving more than 100 people without their cars, 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. court papers obtained today. The lawsuit was filed Wednesday in Los Angeles Superior Court on behalf of Darren Shepard and M2 Automotive Inc.'s 700 to 800 other employees. There was no response to a call made to M2 Automotive. According to the lawsuit, Shepard was employed at the company's Burbank store from November to April 18, when the company suddenly went out of business. Shepard claims he was paid $3,716 on April 15 for the two-week period that ended April 8, but his paycheck bounced. Shepard and the other employees are suing for back wages, accrued vacation time, sick leave and overtime compensation. They are also asking for compensatory and punitive damages Monetary compensation awarded to an injured party that goes beyond that which is necessary to compensate the individual for losses and that is intended to punish the wrongdoer. . Last week, another lawsuit was filed on behalf of customers seeking the immediate release of their vehicles, which are being held until the company's assets can be liquidated. |
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