IN BRIEF.VALLEY INDEX RISES: The Daily News/Bloomberg Index rose 1.69 to 144.47, led by THQ THQ Toy Headquarters THQ Territorial Headquarters THQ Tehsil Headquarters (Pakistan) THQ The Holy Quran THQ Theater Headquarters Inc. of Calabasas and Chatsworth's MRV Communications  OverviewMRV NASDAQ: MRVC is a company that designs, manufactures, sells, distributes, integrates and supports communication equipment and services, and optical components. Inc. THQ rose 3 3/16 to 27 13/16. MRV MRV minute respiratory volume. rose 2-3/8 to 27. - Bloomberg News DISNEY CFO See Chief Financial Officer. LEAVES: Walt Disney Co. executive Richard Nanula will become chief executive and president of Starwood Hotels & Resorts Worldwide Inc. starting June 1. Nanula, 37, has been senior executive vice president and chief financial officer for the past two years for Burbank-based Disney, which has not yet named a replacement. Over the past 14 months, Phoenix-based Starwood has grown to 650 hotels from about 100. - Daily News COMPANY GOES PUBLIC: Oregon Outerwear Inc., a Westlake Village-based active-wear and sports equipment company, Wednesday began trading on the OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). exchange under the symbol OREG OREG Oregon (old style) OREG Oregon National Historic Trail (US National Park Service) . The public trading follows its acquisition of Mardock Inc., a McMinneville, Ore.-based maker and distributor of casual apparel, sportswear and promotional products; and SouthBay Golf Inc., a Westlake Village-based marketer and distributor of golf equipment and accessories. There was only one trade Wednesday: 700 shares at $4-3/8. - Daily News LUBE SHOPS MERGE: Whether you get your car's oil changed at Jiffy-Lube or Q-Lube, you'll soon be filling the tank of the same company. That yet-to-be named company will be formed through a merger announced Wednesday between Quaker State Corp. and a company split off from Pennzoil Co., creating a company with annual sales of $3 billion and bring together two of the most popular brands of motor oil. - Associated Press |
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