IN BRIEF.VALLEY INDEX FALLS: Shares of most companies in the Daily News Index were lower Thursday, led by On Assignment Inc. of Calabasas and Camarillo's Power-One Inc. On Assignment dropped $2.625 to $26.75. Power-One fell $1.625 to $25. - Daily News NEW FOCUS: Chatsworth-based Intellicell Corp. is asking shareholders to approve changing the company's name to Focus Affiliates Inc. The company also said that it will start conducting business as Focus Wireless Communications. A vote on the name change will be held at the company's annual meeting in September. The company's stock will continue to be traded on the Nasdaq exchange under the ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors FONE. Intellicell said this week it will merge with Cellular Wholesalers Inc., a privately held wholesale distributor of wireless phone products. - Daily News MEDICAL ALLIANCE: An independent physician association, the Northridge IPA IPA - International Phonetic Alphabet medical group, has been formed to provide services through Northridge Hospital Medical Center Northridge Hospital Medical Center is a hospital in the Northridge town of Los Angeles, California, USA. It is currently operated by Catholic Healthcare West. History The hospital was founded in 1955 by Dr. for more than 35,000 San Fernando Valley San Fernando Valley Valley, southern California, U.S. Northwest of central Los Angeles, the valley is bounded by the San Gabriel, Santa Susana, and Santa Monica mountains and the Simi Hills. HMO HMO health maintenance organization. HMO n. A corporation that is financed by insurance premiums and has member physicians and professional staff who provide curative and preventive medicine within certain financial, patients. The formation of the IPA is a result of the impending im·pend intr.v. im·pend·ed, im·pend·ing, im·pends 1. To be about to occur: Her retirement is impending. 2. departure of the SCIPA medical group with most of the physicians coming from SCIPA. The new group will debut Sunday and serve patients who belong to Blue Cross, BPS, Cigna, Intervalley Health Plan, Prudential and Universal Care health plans; it will include Aetna, Blue Shield, Maxicare, PacifiCare and Universal Health Care as of Sept. 1. - Daily News YARC YARC You're Absolutely Right, Commander (military slang) MERGER: YARC Systems Corp., a Camarillo-based maker of products that allow computer images to be printed onto display signage, is about to become bigger. The board of Buena Park-based Quality Photographic Imaging on Thursday unanimously approved a merger with the Ventura County company. The merger, which had been announced in May, should close within the next few days, according to Quality Photographic, a 17-year-old company whose technology is used to produce color displays. - Daily News |
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