IN BRIEF.VALLEY INDEX FALLS: Shares of companies in the Daily News Index mostly fell Monday, led by Newbury Park's Semtech Corp. and Diodes Inc. of Westlake Village. Semtech dropped $4 to $31.75. Diodes dropped 25 cents to $5.375. - Daily News INDUSTRIAL SALE: Industrial property specialist Northpark Industrial has acquired the former corporate headquarters building of Micropolis Corp., with 79,685 square feet of space on Nordhoff Street in Chatsworth, for an undisclosed price in a deal brokered by Beitler Commercial Realty Services. Northpark, which owns an adjacent building, is seeking a high-tech tenant for both buildings. - Daily News POWER DEAL: Camarillo-based Power-One Inc. said Monday that it has completed the $31.57 million acquisition of Boston-based International Power Devices Inc. The deal helps Power-One penetrate markets in the People's Republic People's Republic n. A political organization founded and controlled by a national Communist party. of China. The company makes a broad range of power supply products. - Daily News IN THE NAVY: The U.S. Navy awarded a multimillion-dollar contract to Xylan xylan /xy·lan/ (zi´lan) any of a group of pentosans composed of xylose residues; major structural constituents of wood, straw, and bran. Corp., a Calabasas network switching company, to install networks on 14 ships in the USS USS abbr. 1. United States Senate 2. United States ship USS abbr (= United States Ship) → Namensteil von Schiffen der Kriegsmarine Stennis and USS Eisenhower battlegroups. Xylan's partner is Electronic Data Systems Corp., which is the prime contractor. The contract will yield an initial $7 million order for Xylan's equipment in 1999. - Daily News NO GO ARCO: Atlantic Richfield Co. Chief Executive Michael Bowlin has postponed his trip to Saudi Arabia Saudi Arabia (sä  `dē ərā`bēə, sou`–, sô–), officially Kingdom of Saudi Arabia, kingdom (2005 est. pop. because his scheduled meeting with the Saudi crown prince was canceled. Bowlin, head of the eighth-largest U.S. oil company, was due to arrive in Riyadh today, three days before U.S. Energy Department Secretary Bill Richardson  This article or section contains information about one or more candidates in an upcoming or ongoing election.Content may change as the election approaches. is scheduled to visit the oil-rich nation. Saudi oil fields This list of oil fields includes major fields of the past and present. The list is incomplete; there are more than 40,000 oil and gas fields of all sizes in the world[1]. contain one-quarter of the world's reserves, and the costs of producing oil there are among the lowest anywhere. - Daily News |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion