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IN BRIEF : EARNINGS CALNETICS CORP.


VALLEY INDEX FALLS: Stocks in the Daily News/Bloomberg Index fell 48 cents to 131.48, led by Minimed Inc. and Semtech Corp.

?13- Bloomberg News

CHEROKEE EXTENDS LICENSE: Cherokee Inc. of Van Nuys extended its licensing agreement with Pamida Inc. through Dec. 31, 2001, guaranteeing at least an additional $650,000 in revenues for the former apparel and shoe company. Cherokee's business today is licensing its brand name. The agreement with Pamida, a Midwest discount retailer, includes women's, men's and boy's apparel. Other categories also are being considered.

?13- Daily News

SONY SETS BOND DEAL: Sony Pictures plans to make a series of James Bond movies, with the first to be released in 1999, in partnership with Kevin McClory, who produced ``Thunderball'' and ``Never Say Never Again.'' However, Metro-Goldwyn-Mayer, which has released all but one of the 18 Bond movies, said it owns the rights to the Bond franchise.

?13- Daily News

L.A. GEAR CHANGES OWNERS: L.A. Gear announced its president, chief executive officer and seven other board members quit as an investment partnership bought a controlling stake in the troubled shoemaker. PCH Investments bought 42 percent of L.A. Gear from Trefoil trefoil (trē`foil) [O.Fr.,=three-leaf], in botany, name for several plants, chiefly of the pulse family, having trifoliate leaves. Best known of the trefoils is clover. The bird's-foot trefoil (Lotus corniculatus) is an Old World forage plant and weed that has been naturalized in North America; the prairie trefoil (L. Capital Investors.

?13- Daily News

Chatsworth-based maker of molded plastic components

Sept. 1st Qtr. FY1998 FY1997

Sales $8.6 million $8.45 million

Income $400,000 $404,000

Earnings Per Share 13 cents 13 cents

American Pacific State Bank

Sherman Oaks-based financial institution

June 30 Third Quarter 1997 1996

Deposits $305 million $269 million

Net Income $1 million $695,000

Net Per Share $0.20 $0.14
COPYRIGHT 1997 Daily News
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:BUSINESS
Publication:Daily News (Los Angeles, CA)
Geographic Code:1USA
Date:Oct 14, 1997
Words:263
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