IN BRIEF.VALLEY INDEX DROPS: Companies in the Daily News Index fell Friday, led by Newbury Park's Semtech Corp. and Burbank's Align-Rite International. Semtech dropped $1.9375 to $36.9375. Align-Rite lost 62.5 cents to $13. - Daily News TROUBLEDYNE: Woodland Hills-based Turbodyne Technologies Inc. said Friday that both the European Easdaq and American Nasdaq stock markets Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. are considering delisting the stock, after halting trading in the company's shares earlier this week. Also, the Los Angeles-based Law Offices of Lionel Z. Glancy said it has filed a class-action lawsuit against Turbodyne, and New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of investment bank Asensio & Co. issued a statement reiterating its belief that Turbodyne owns no valuable technology. Turbodyne makes aluminum castings for the automotive industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide. and says it has developed advanced pollution-reduction equipment for internal combustion engines. - Daily News DEAL KILLED: Litton Industries Named after inventor Charles Litton Sr., Litton Industries was a large defense contractor in the United States, bought by the Northrop Grumman Corporation in 2001. Inc. said Friday it ended previously announced negotiations to sell its Applied Technology Division to Condor Systems Inc. - Daily News COMING TO L.A.: Charter airline Sun Country recently announced it will offer daily scheduled service from Detroit to five West Coast cities - including 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. - beginning in June. The flights will make a stop in Minneapolis, where Sun Country is based. Fares will range from $258 to $298 round trip, with no minimum stay, no Saturday layover lay·o·ver n. A short stop or break in a journey, usually imposed by scheduling requirements. Noun 1. layover - a brief stay in the course of a journey; "they made a stopover to visit their friends" stopover, stop and no advance purchase required. - Knight Ridder Newspapers NEW BOARD MEMBERS: DCH DCH Department of Community Health DCH Diploma in Child Health DCH Defend Council Housing (UK) DCH Data Channel DCH Dil Chahta Hai (movie) DCH Dhaka Community Hospital Technology Inc., a Valencia-based safety engineering and sensor manufacturing company, said Friday its shareholders have elected two new members to the company's board. The election of Robert Walker, president of the Washington D.C.-based Wexler Group and a former congressman who authored the Hydrogen Futures Act; and David A. Walker, a DCH co-founder and vice president, expands the board to seven members, the company said. The two new board members are not related. - Daily News |
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