IN BRIEF : EARNINGS MINIMED INC.VALLEY INDEX FALLS: Stocks in the Daily News/Bloomberg Index fell 27 cents to 131.08, led by Semtech Corp. and The Cheesecake Factory.Semtech fell 1-5/8 to 64-3/8, Cheesecake Factory fell 1 3/16 to 27. ?13- Bloomberg Bloomberg A major global provider of 24-hour financial news and information including real-time and historic price data, financials data, trading news and analyst coverage, as well as general news and sports. News FOUR MEDIA KEEPS CLIMBING: Stock of Burbank-based Four Media reached its highest point since March, rising 94 cents to $8.94 after analyst Joan Gill gill, in weights and measures gill, in weights and measures: see English units of measurement. at Brean Murray Securities rated the issue a ``strong buy'' in new coverage with a 12- to 18-month target price of $14. ?13- Daily News K-SWISS TO SELL SHARES: Chatsworth-based K-Swiss Inc. said it has filed a notice with the Securities and Exchange Commission that shareholder Biltrite Corp. will sell 300,000 shares of common stock. K-Swiss Inc. designs, develops and markets athletic footwear Footwear consists of garments worn on the feet. It is worn for a variety of reasons, including protection against the environment, hygiene and adornment. Usually, socks and other hosiery are worn between the feet and the footwear, except for sandals and flip flops (thongs). for high performance sports use and fitness activities. ?13- Daily News UNITED LOWERS COSTS: Chicago-based United Airlines is cutting fares for domestic travel from 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, and Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. to 10 percent below the standard 21-day advance purchase excursion excursion /ex·cur·sion/ (eks-kur´zhun) a range of movement regularly repeated in performance of a function, e.g., excursion of the jaws in mastication. rate. The maximum fare in any market will be $299 round-trip. ?13- Daily News Sylmar-based maker of infusion systems for diabetics Sept. 3rd Qtr. 1997 1996 Sales $18.9 million $14.7 million Net Income $1.9 million $1.3 million Earnings Per Share 14 cents 8 cents Sales growth exceeded company expectations. Highland Federal Bank Burbank-based thrift thrift: see leadwort. Sept. 3rd Qtr. 1997 1996 Sales $6.3 million $5.2 million Net Income (Loss) $1.7 million($1.58 million) Earnings Per Share 73 cents (69 cents) Sales comprises net interest and noninterest income. There was a one-time gain of $914,000 from the sale of a Warner Center branch, recorded as noninterest income. Total assets were $516 million on Sept. 30 compared with $490 million on Dec. 31, 1996. |
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