IN BRIEF.VALLEY INDEX DROPS: Most companies in the Daily News Index were lower Thursday, led by Camarillo's ACT Networks and Burbank's The Walt Disney Noun 1. Walt Disney - United States film maker who pioneered animated cartoons and created such characters as Mickey Mouse and Donald Duck; founded Disneyland (1901-1966) Disney, Walter Elias Disney Co. ACT Networks dropped $1.25 to $18.25. Disney fell $2.125 to $30.375. - Daily News RELOCATION RELOCATION, Scotch law, contracts. To let again to renew a lease, is called a relocation. 2. When a tenant holds over after the expiration of his lease, with the consent of his landlord, this will amount to a relocation. : Privately held SDI (1) (Serial Digital Interface) A physical interface widely used for transmitting digital video in various formats. For electrical transmission, it uses a high grade of coaxial cable and a single BNC connector with Teflon insulation. Future Health Inc. said it has completed its relocation to a new headquarters in Westlake Village from Agoura Hills. The company provides testing for sleep disorders Sleep Disorders Definition Sleep disorders are a group of syndromes characterized by disturbance in the patient's amount of sleep, quality or timing of sleep, or in behaviors or physiological conditions associated with sleep. to physicians and hospitals. - Daily News DEAL DONE: Agoura Hills-based Electronic Clearing House Inc. said it has completed the acquisition of Magic Software Development Inc. Magic, based in Albuquerque, N.M., will operate as a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Electronic Clearing House. Terms call for Magic to receive 1 million shares of Electronic Clearing House stock. Electronic Clearing House provides credit card processing and related services to retailers. Shares of Electronic Clearing House fell 6.25 cents to $1.96875 in light trading Thursday. - Daily News ROAD SHOW: Chatsworth-based Provision Entertainment Inc. said it has been retained by Universal Studios Hollywood to produce a 10-city ``Terminator (1) A character that ends a string of alphanumeric characters. (2) A hardware component that is connected to the last peripheral device in a series or the last node in a network. 2: 3D Cyber Tour.'' The traveling show is a scaled-back version of the theme park's new attraction based on the hit science fiction film. - Daily News GOLF MERGER: Westlake Village-based Pacific Sports Holding Inc. said it has signed a letter of intent to buy Golf Holdings Inc. for an undisclosed sum. Both firms are sports retailers. Pacific's wholly owned subsidiary SouthBay Golf Inc. designs and distributes HEAD Golf equipment. Pacific said it will pay for Golf Holdings through stock. Shares of the company were unchanged Thursday at 75 cents. Only 400 of the company's 12.6 million shares traded hands. - Daily News |
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