IN BRIEF.VALLEY INDEX GAINS: Companies in the Daily News Index were mostly higher Tuesday, led by Chatsworth's MRV Communications  OverviewMRV NASDAQ: MRVC is a company that designs, manufactures, sells, distributes, integrates and supports communication equipment and services, and optical components. Inc. and K-Swiss of Westlake Village. MRV MRV minute respiratory volume. jumped $1.6975 to $9.875. K-Swiss gained $2.25 to $33.125. - Daily News NEW TITLE: Countrywide Credit Industries's chairman and president, David S. Loeb, will relinquish his chairmanship March 1 to Angelo R. Mozilo Angelo R. Mozilo is the chairman of the board and chief executive officer of Countrywide Financial. He is the son of a Bronx butcher. In 1969 he and David Loeb, who had already started a mortgage lending company, founded Countrywide Credit Industries in New York. , the chief executive. Mozilo will hold the titles CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and chairman of the board. Loeb will continue as president. Loeb is slowly relinquishing his duties as he grooms a successor for the Calabasas-based mortgage lender, the nation's largest independent lender. - Daily News WRITERS' CHIEF: The board of theWriters Guild of America West has named longtime CBS (Cell Broadcast Service) See cell broadcast. executive John McLean as executive director. The appointment requires a confirmation vote by the guild's 8,500 members. McLean, CBS vice president of industrial relations on the West Coast, has negotiated more than 500 contracts and has been chief negotiator in 100 negotiations. - Daily News UNION MERGER: Results of votes to merge Hollywood's two actors unions - the American Federation of Television and Radio Artists The American Federation of Television and Radio Artists (AFTRA) is a performers' union that represents a wide variety of talent, including actors in radio and television, as well as radio and television announcers and newspersons, singers and recording artists (both royalty and the Screen Actors Guild - will be announced this week. If approved, the unions would form SAG-AFTRA, which would represent 120,000 members and could help end jurisdictional disputes. - Daily News NEW DIVIDEND: National Technical Systems, a Calabasas information technology consulting Information technology consulting (IT consulting or business and technology services) is a field that focuses on advising businesses on how best to use information technology to meet their business objectives. and staffing company, has adopted a regular dividend policy in addition to special dividends it has been paying since 1994. The company declared its first annual dividend of 4 cents a share. However, special dividends will continue based on the company's earnings. Half of the annual dividend will be paid March 2 to shareholders of record Feb. 15. The dividend is payable semiannually. - Daily News |
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