BRIEFCASE RYLAND EXPANDS STOCK REPURCHASE.Byline: - Staff and Wire Services CALABASAS - The Ryland Group Inc. announced authorization Tuesday from its board to repurchase up to an additional 1 million shares of common stock. The authorization is in addition to the 651,200 shares remaining from the company's previous repurchase authorization. Over the past five years, Ryland has repurchased more than 5 million shares of its common stock. The company currently has 13.2 million shares outstanding. Also Tuesday, The Ryland Group announced earnings estimates for fiscal year 2002 exceeding $8.50 per share - in line with analyst expectations. Ryland based the estimate on its expectations of achieving earnings per share of 80 cents for the first quarter of 2002 and $1.85, $2.65 and $3.20 for the second, third and fourth quarters, respectively. Downtown group names director The Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. Downtown Center Business Improvement District, a coalition of property owners, announced on Tuesday the appointment of Hal Bastian to the management team. As director of economic development, Bastian will oversee the business and residential recruitment efforts for the district. The organization's goal is to establish the Downtown Center District as the location of choice for ``world class businesses and residential living.'' Prior to joining the district, he served as leasing director for Gilmore Associates' Old Bank District Project, leading the charge on the acquisition and development of available historic buildings in downtown Los Angeles Downtown Los Angeles is the central business district of Los Angeles, California, located close to the geographic center of the metropolitan area. The sprawling, multi-centered megacity is such that its downtown core is often considered just another district like Hollywood or . Bastian was heavily involved in Gilmore's live/work loft and retail redevelopment initiative in the Historic Core area, managing properties such as the Continental, Hellman and San Fernando San Fernando, city, Argentina San Fernando (săn fərnăn`dō), city (1991 pop. 144,761), Buenos Aires prov., E Argentina. It is a district administrative center in the Greater Buenos Aires area. buildings. Bank announces development hire Manufacturers Bank announced Tuesday that it has appointed James K.H. Lee to the post of business development officer for the Pacific Rim Pacific Rim, term used to describe the nations bordering the Pacific Ocean and the island countries situated in it. In the post–World War II era, the Pacific Rim has become an increasingly important and interconnected economic region. region. He will join the bank's Business Development Group, which was formed earlier this year. As BDO BDO Big Day Out (Australian music festival) BDO Banco de Oro (Philippines) BDO 1,4-Butanediol BDO British Darts Organisation BDO Block Development Officer BDO Big Dumb Object for the Pacific Rim region, Lee will provide sales support to the bank's Industry-based Pacific Rim Business Group, which was formed in 1999 and specializes in lending to Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, companies that do business with Pacific Rim countries. Lee previously was a financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. manager for Prudential Individual Financial Service, and also once worked for Morgan Stanley Dean Witter as a financial adviser. Company recalls risky scuba valves WASHINGTON - A San Diego company is recalling 3,500 of its overpressure overpressure, n excessive pressure applied at the end of a physiologic joint range to confirm the severity of pain, thus helping determine the manual treatments. valves that are used with scuba diving equipment sold nationwide because the valve can stick open, creating a potential drowning hazard for divers. Diving Unlimited International Diving Unlimited International (DUI) is an American diving equipment designer and manufacturer. DUI is particularly well-known among recreational and technical divers as the maker of high-end dry suits. Inc. has received two reports of the valves sticking open, although no injuries have been reported, according to an announcement Tuesday by the Consumer Product Safety Commission. The valves are used with a buoyancy control system, which comes in jacket and wing models. The jacket models have the DUI logo on the pocket, epaulette and weight pockets. On the wing model, the company logo is printed on the epaulette and weight pockets. Both models have the letters ``DUI'' printed on the permanent hang tags of the Buoyancy Control System. CPSC CPSC Consumer Product Safety Commission (US) CPSC Computer Science (course) CPSC Canadian Plastics Sector Council (Ottawa, ON, Canada) CPSC Chemical Processing Safety Committee advised consumers to stop using the valves immediately and contact the dealer for a free replacement. Consumers can contact DUI at (800) 325-8439 weekdays. |
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