IN BRIEF.VALLEY INDEX CLIMBS: Shares of most companies in the Daily News Index were higher Friday, led by Westlake Village's Diodes Inc. and THQ THQ Toy Headquarters THQ Territorial Headquarters THQ Tehsil Headquarters (Pakistan) THQ The Holy Quran THQ Theater Headquarters Inc. of Calabasas. Diodes gained $1.4375 to $6.5675. THQ gained $2 to $23.50. - Daily News BRILLIANT DEAL: Woodland Hills-based Brilliant Digital Entertainment Inc. has formed a distribution and marketing partnership with the Road Runner road runner: see cuckoo. Road Runner thrives on outwitting Wile E. Coyote. [Comics: “Beep Beep the Road Runner” in Horn, 105] See : Cunning Road Runner high-speed online service of BDE's interactive Multipath Movies. The deal with Road Runner, which has over 250,000 subscribers, pushed up BDE See Borland Database Engine. stock by 50 cents to $6.9375. - Daily News BANK BUYOUT: Century Bank, which operates six commercial banking branches in California, has agreed to be bought out by St. Louis-based First Banks Inc. for an undisclosed price from Philippine National Bank. Century Bank, which has a branch in Encino, said it expects no changes in its business environment as a result of the deal. - Daily News SALES HOPPING: Glendale-based IHOP IHOP International House Of Pancakes (restaurant chain) iHOP Information Hyperlinked Over Proteins IHOP International House of Prayer IHOP International H2O Project IHOP International House of Pain Corp. said same-store sales Same-store sales is a business term which refers to the revenue generated by one of a retail chain's specific outlets during a certain period of time (often a fiscal quarter or a particular shopping season), compared to an identical period in the past, usually in the previous year. for the fiscal month of May rose 2.3 percent over the same period one year ago. The operator of the International House of Pancakes restaurant chain said that as of March 31 it had 844 restaurants, 771 of which were operated by franchisees or licensees. - Daily News HARVEY MOVE: Los Angeles-based Harvey Entertainment Co. has named industry veteran Meyer Gottlieb to its board of directors, a move that increases the size of the panel to five members. Gottlieb co-founded Samuel Goldwyn Films in 1998 and remains its president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . Gottlieb became chief operation officer of The Samuel Goldwyn Co. in 1979 and its president in 1987. - Daily News |
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