IN BRIEF.VALLEY INDEX GAINS: Shares of companies in the Daily News Index were mostly higher Friday, led by Syncor International of Woodland Hills and Calabasas-based Countrywide coun·try·wide adv. & adj. Throughout a whole country; nationwide: launched a fundraising campaign countrywide; a countrywide search. Adj. 1. Credit Industries Inc. Syncor gained $1.625 to close at $28.50. Countrywide gained $1.375 to $40.50. - Daily News MOVING AROUND: Cal Am Manufacturing, a maker of fiber optics fiber optics, transmission of digitized messages or information by light pulses along hair-thin glass fibers. Each fiber is surrounded by a cladding having a high index of refractance so that the light is internally reflected and travels the length of the fiber and telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. components, next month will move from Burbank to a 15,000-square-foot facility in Pacoima, lured to the 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. community by utility discounts, tax breaks and other incentives, officials said. Cal Am has signed a five-year, $450,000 lease on the facility at 13581 Desmond St. The company, which has 30 employees and most recently generated $3 million in revenues, expects to double its production capacity and add staff over the next year, company President W. Sidney Aitken said. The building was leased from the Sheets family trust. The lease takes effect March 1; the company expects to move in before the month ends. Mayor Richard Riordan's L.A.'s Business Team worked closely with Cal Am on its relocation RELOCATION, Scotch law, contracts. To let again to renew a lease, is called a relocation. 2. When a tenant holds over after the expiration of his lease, with the consent of his landlord, this will amount to a relocation. from Burbank, where the company has been based for 15 years. - Daily News IMPORTANT MILESTONE: The Port of Los Angeles The Port of Los Angeles is located on San Pedro Bay in the San Pedro neighborhood of Los Angeles, approximately 20 miles (30 km) south of downtown. Also called Los Angeles Harbor and WORLDPORT LA was the launching site for more than 1 million passengers in 1998, the port reported Friday, the first time the busiest cruise port on the West Coast has surpassed that threshold. A total of 1,000,778 passengers sailed on cruise ship voyages last year, up 1.6 percent over the previous record set in 1997. The port's cruise business has increased every year since 1995, when it handled 759,509 passengers. - Daily News POSTPONED: Woodland Hills-based Turbodyne Technologies Inc. said a meeting with the National Association of Security Dealers to discuss the halt in trading of Turbodyne stock on the Nasdaq has been rescheduled to March 4. A similar meeting with a European European emanating from or pertaining to Europe. European bat lyssavirus see lyssavirus. European beech tree fagussylvaticus. European blastomycosis see cryptococcosis. stock exchange is scheduled for March 1. The maker of aluminum automotive parts has been accused of making false sales claims for its anti-pollution engine equipment. - Daily News |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion