BRIEFCASE GUESS? REPORTS NOVEMBER LOSS.Byline: - From staff and wire services Guess? Inc. Wednesday reported total November retail sales of $33.6 million, a 9.2 percent decrease from the $37 million in sales for the comparable period a year ago. Comparable store sales for the November period declined 13.6 percent. Comparable store sales for the company's full-priced retail stores decreased 14.8 percent, and comparable store sales at the factory outlet stores decreased 11.1 percent. Reverse split gets approval SANTA MONICA Santa Monica (săn`tə mŏn`ĭkə), city (1990 pop. 86,905), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1886. Tourism and retailing are important, and the city has motion-picture, biotechnology, and software industries. - InternetStudios.com Inc. announced Wednesday that the board of directors unanimously approved a 20-for-1 reverse stock split of the corporation's authorized, issued and outstanding common stock. As a result, the authorized capital authorized capital n (COMM) → capital m autorizado or social authorized capital n (Comm) → capital social has decreased from 100 million to 5 million shares of common stock with a par value of $0.0001. The reverse stock split will take effect at the opening of trading tomorrow under the new stock symbol ``ISTO ISTO Information Science & Technology Office (DARPA) ISTO Industry Standards and Technology Organization (IEEE) ISTO Information Sciences Technology Office .'' Chairman gives 5 million shares The Hartcourt Cos. Inc. announced Wednesday that its chairman is donating 5 million common shares to the company for its own use. The holding and development enterprise is building a network of Internet, media and telecommunication companies in China. The gift from Alan Phan will enable Los Angeles-based Hartcourt to reduce its outstanding shares and allow the company to record an extraordinary gain, which will be determined by the market price on the dates in which the shares are received. Layoffs coming due to problems PALO ALTO Palo Alto, city, California Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries. - CNF CNF Configuration (File Name Extension) CNF Conference CNF Conjunctive Normal Form CNF Could Not Find CNF Chin National Front (Burma) CNF Canadian Nature Federation CNF Cornell NanoScale Facility Inc. is shutting down its grounded Emery Worldwide Emery Worldwide was a cargo airline, once was one of the leading carriers in the cargo airline world. Emery started in 1946 and was the first freight forwarder to receive a carrier certificate from the United States Government. Airlines business and consolidating three of its existing businesses into one. The shutdown will put about 90 people out of jobs in Dayton, Ohio, and about 40 more will lose their jobs in about six months, said CNF spokesman Jim Allen. |
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