IN BRIEF.VALLEY INDEX JUMPS: Stocks in the Daily News/Bloomberg Index rose 0.53 to 132.53, led by On Assignment Inc. and THQ THQ Toy Headquarters THQ Territorial Headquarters THQ Tehsil Headquarters (Pakistan) THQ The Holy Quran THQ Theater Headquarters Inc., both of Calabasas. On Assignment rose 2-1/2 to 28. THQ rose 1 1/16 to 24 1/16. - Bloomberg News T-BILLS MIXED: Interest rates on short-term Treasury securities were mixed in Monday's auction. The Treasury Department sold $7.29 billion in three-month bills at an average discount rate of 5.14 percent, up from 5.07 percent last week. - Associated Press Associated Press: see news agency. Associated Press (AP) Cooperative news agency, the oldest and largest in the U.S. and long the largest in the world. HOME SALES STRONG: Home sales and prices continued to trend upward across 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. County during January, a real estate information service said on Monday. Sales increased 9.8 percent from year-ago levels, and the median price of $173,000 was a 6.1 jump, said Acxiom/DataQuick Information Systems. In the six-county 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, region, sales increased 11 percent. The median price of $172,999 was 7.5 percent higher than in January 1997. - Daily News IWERKS CHIEF: Burbank-based Iwerks Entertainment Iwerks Entertainment was founded in 1985 by Stan Kinsey and Don Iwerks, two former Disney Executives, and became well known through 1996 as a leading developer of special venue and virtual reality theaters throughout the world. Inc. has named Charles Goldwater, former chief executive of Cinamerica Theaters LP, as chairman and chief executive. Goldwater replaces Roy Wright Gordon "Roy" Wright (born 23 February 1929, died 30 July 2002) was an Australian rules football player with the Richmond Football Club in the VFL during the 1940s and 1950s, and television personality during the 1960s. , who will continue to advise the maker of ride simulators and big-screen theater attractions. Iwerks has been cutting costs amid slowing sales in Asia. - Daily News DISNEY SALE: Burbank-based Walt Disney Co. may sell its 19.6 percent holding in Scandinavian Broadcasting System. The entertainment giant said the investment is inconsistent with its primary focus on international broadcasting to develop and manage Disney- and ESPN-branded programming services in major markets. - Daily News |
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