IN BRIEF.VALLEY INDEX FALLS: Stocks in the Daily News/Bloomberg Index fell 5 cents to 118.25, led by Sylmar-based MiniMed Inc. and MRV Communications  OverviewMRV NASDAQ: MRVC is a company that designs, manufactures, sells, distributes, integrates and supports communication equipment and services, and optical components. Inc. of Chatsworth. MiniMed fell 2-1/4 to 36-3/4. MRV MRV minute respiratory volume. fell 1-7/8 to 21-1/4. ?13- Bloomberg News KOO KOO ROO roo Noun pl roos Austral informal a kangaroo SIGNS CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. : Koo Koo Roo Inc., the Los Angeles-based restaurant chain, said Wednesday that Bill Allen has been given a one-year contract as the company's new chief executive officer. Allen is a restaurant industry veteran who previously held executive positions with Marriott Corp. and La Madeleine There are several communes and geographical features in France that bear the name La Madeleine: River
?13- Daily News INTERLINK INTERLINK - A commercial product comprising hardware and software for file transfer between IBM and VAX computers. WARNS OF LOSSES: Camarillo-based Interlink Electronics Inc. said Wednesday that it will post a loss of between $750,000 and $1 million for the fourth quarter despite an increase in revenues. The loss is being attributed to costs associated with a new product. The company makes computer pointing devices, including wireless, hand-held remote units with ``mouse'' capabilities. ?13- Daily News DESSAULT MOVING TO WOODLAND HILLS: Dassault Systemes S.A., a software developer based in Suresnes, France, said it will move its United States headquarters to Woodland Hills from Burbank in May. Dassault Systemes of America will move into three floors of the 17-story Trillium I East Tower at 6320 Canoga Avenue in the Warner Center, according to officials. The 10-year lease is valued at more than $12 million. ?13- Daily News EARNINGS Countrywide Credit Industries Inc. Calabasas-based residential mortgage lender Nov. 30 3rd Qtr 1997 1996 Sales $375.1 million $281.5 million Net Income $80.2 million $65.9 million Net Per Share 71 cents 62 cents |
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