BUSINESS NOTES ANALYST'S DOUBTS DEMOTE MINIMED.Shares of Sylmar-based MiniMed dropped significantly Tuesday, thanks to a downgrade that came a day after a stock split. Prudential Vector Healthcare analyst Sandra Hollenhorst downgraded its stock from a ``strong buy'' rating to an ``accumulate'' rating. Hollenhorst demoted the insulin pump insulin pump n. A portable device for people with diabetes that injects insulin at programmed intervals in order to regulate blood sugar levels. maker even while raising its price target from $73 to $89 a share. She said the stock, while strong, is trading at a price-to-earnings ratio Noun 1. price-to-earnings ratio - (stock market) the price of a stock divided by its earnings P/E ratio securities market, stock exchange, stock market - an exchange where security trading is conducted by professional stockbrokers near 90, a little high for her taste. Shares of MiniMed plummeted 8 percent, nearly erasing the amount it had gained Monday. They closed down $6.30 to close at $72.641 a share on heavy volume. Valley six make top Internet list Six San Fernando Valley San Fernando Valley Valley, southern California, U.S. Northwest of central Los Angeles, the valley is bounded by the San Gabriel, Santa Susana, and Santa Monica mountains and the Simi Hills. area firms are among the nation's top 500 Internet service companies and consultants, 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. a magazine survey. Woodland Hills-based Litton Industries Named after inventor Charles Litton Sr., Litton Industries was a large defense contractor in the United States, bought by the Northrop Grumman Corporation in 2001. led the way, ranked 38th in the VARBusiness 500 list, jumping two spots from 1999. The survey was based on revenues generated in the value-added reseller market. Newcomers to the list are El Camino Resources of Woodland Hills, ranked 60th, and Van Nuys-based Genesis Intermedia Intermedia - A hypertext system developed by a research group at IRIS (Brown University). .com Inc., ranked 421. Also on the list are Autologic Information International of Thousand Oaks, Woodland Hills-based Data Systems West and 3-Point Digital of Burbank. - Daily News Disney Net group now on i-Mode BURBANK - The Walt Disney Internet Group The Walt Disney Internet Group (WDIG) oversees several websites owned by The Walt Disney Company and its subsidiaries. [1] The division's Disney Online unit operates disney. has launched content service on NTT NTT Nippon Telegraph and Telephone Corporation NTT New Technology Telescope NTT National Technology Transfer, Inc NTT Name That Tune (TV game show) NTT National Tree Trust NTT Number Theoretic Transform DoCoMo's i-Mode wireless platform in Japan, company officials announced Tuesday. Starting this fall, Disney-i will launch four additional entertainment options on i-Mode. Next year, i-Mode will offer new 3G wireless phone capabilities that will enable subscribers to receive full video streaming. - Daily News Broadband center to be established CALABASAS - Alcatel Internetworking Inc. and Syracuse University's School of Information Studies will establish the Center for Excellence in Broadband Applications. The center will evaluate, test and demonstrate advanced telecommunications technologies and applications that would benefit the public sector. As part of the agreement, Calabasas-based Alcatel will provide a $200,000 grant to establish the center. In addition, Alcatel will provide advanced broadband equipment. - Daily News |
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