IN BRIEF.VALLEY INDEX CLIMBS: Shares of companies in the Daily News Index were mostly higher Friday, led by Electro Rent Corp. of Van Nuys. Electro Rent gained 75 cents to $12.6875. - Daily News PRICES RISE: Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, home prices continued to rise during July even as sales tapered off, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a real estate consulting service Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" . Last month, 28,781 new and resale houses and condominiums sold in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , Ventura, Riverside, San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , Orange and San Bernardino San Bernardino, city, United States San Bernardino (săn bûr'nədē`nō), city (1990 pop. 164,164), seat of San Bernardino co., S Calif., at the foot of the San Bernardino Mts.; inc. 1854. counties last month. That was down 1.8 percent June and down 1.8 percent from July last year, according to Acxiom Corp.'s DataQuick Products Division. Last month's sales count was still the third highest of the decade, exceeded by only by the prior and year-ago months. The median price was $194,000 last month, the second-highest ever, down 2 percent from June and up 3.2 percent from a year ago. Last month's median was the second-highest ever. In Los Angeles County, the median price was $191,000, up 0.5 percent. In Ventura County, the median price was $230,000, up 2.7 percent. - Daily News LITTON CHANGES: Defense contractor Noun 1. defense contractor - a contractor concerned with the development and manufacture of systems of defense armed forces, armed services, military, military machine, war machine - the military forces of a nation; "their military is the largest in the region"; and ship-builder Litton Industries Inc. of Woodland Hills announced Friday the consolidation of two divisions and 135 layoffs at an Oregon facility. The company will create a new organization, called Litton Advanced Systems Division, from the consolidation of the Applied Technology Division of San Jose and the Amecom Division in College Park, Md. The new organization will be headquartered in College Park. - Daily News DISNEY DEAL: Burbank-based The Walt Disney Co.has agreed to a four-year pay-television deal with Encore Media Group that covers all releases by its Touchstone, Hollywood Pictures, Miramax and Dimension labels during the period between the start of 2003 and the end of 2006. The agreement, believed to be the largest-ever pay-TV pact, can be extended through 2012 and has been estimated to be worth at least $300 million a year. - Daily News |
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