BUSINESS NOTES HARVEY EXPECTING NASDAQ DELISTING.The Harvey Entertainment Company expects to be delisted from the Nasdaq Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. effective at the start of trading today and will then be available for trading on the over-the-counter market over-the-counter market Trading in stocks and bonds that does not take place on stock exchanges. Such trading occurs most often in the U.S., where requirements for listing stocks on the exchanges are strict. . The Los Angeles-based company, which licenses branded characters like Casper the Friendly Ghost Casper the Friendly Ghost is the protagonist of the Famous Studios theatrical animated cartoon series of the same name. As his name indicates, he is a ghost, but is quite personable. and Richie Rich, has seen its stock trade under $1 since about November. Last year, a deal to sell a majority interest in the company to Classic Media fell through, prompting the company to look for new investors or partners. - Daily News Consortium lands Hollywood Rental BURBANK - An investment consortium led by Raleigh Investments L.P. announced Tuesday that it has purchased the assets of Hollywood Rental Co. LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , Olesen, ESS, HDI HDI Human Development Index (UNDP yardstick of human welfare) HDI Help Desk Institute HDI Humpty Dumpty Institute (New York, New York) HDI High Density Interconnect and Matthews Studio Sales pursuant to a Chapter 11 divestiture plan of Matthews Studio Equipment Group Inc. The acquiring group includes Raleigh Investments, JA&A Capital LLC, CDM 1. CDM - Content Data Model 2. CDM - Code Division Multiplexing Interactive Inc. and Anil Sharma. - Daily News Sega scrapping Dreamcast unit NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of - Sega Corp. is expected to announce plans today to abandon the production of its Dreamcast video-game machine and to slash prices by one-third, to $99, to get rid of excess inventory, according to sources familiar with the plan. The Tokyo-based company will then focus its efforts on developing and supplying its home software games to rival companies such as Sony Computer Entertainment and Nintendo Co. The announcement shouldn't come as a surprise; last week the company said it was considering abandoning the console as an ``option.'' - Associated Press NHTSA NHTSA National Highway Traffic Safety Administration (US government) upgrades Windstar probe WASHINGTON - The government has upgraded its investigation of 926,000 Ford Windstar minivans after receiving reports that a spring in the suspension system can break and puncture a tire. The National Highway Traffic Safety Administration's probe covers Windstars from the 1995 to 1998 model years, the agency said Tuesday. NHTSA and Ford have collected 199 complaints of a front suspension coil spring suddenly breaking, collapsing the front suspension. In 42 cases the broken spring punctured the adjacent tire, sometimes while the vehicle was traveling at highway speed. Ford also performed 298 warranty repairs for spring failures, including 88 involving tire damage. - Associated Press Sealift sea·lift tr.v. sea·lift·ed, sea·lift·ing, sea·lifts To transport (troops or supplies) by sea, as when ground or air routes are blocked. n. A system or an instance of such transport. ship ready ahead of schedule WOODLAND HILLS - The fourth of seven Bob Hope Class Strategic Sealift ships being built by a subsidiary of Woodland Hills-base Litton Industries was delivered to the U.S. Navy Tuesday ahead of schedule, officials said. The Mendonca and her sister ships are ``designed to support the nation's ability to deploy military equipment and supplies quickly to U.S. troops around the world and provide prepositioning and surge sealift capacity to contingency areas worldwide,'' according to Litton Avondale Industries. The 950-foot-long ships are among the largest in the Navy fleet, longer than three football fields, said Litton Avondale Industries President Tom Kitchen. - City News Service |
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