IN BRIEF.VALLEY INDEX GAINS: Shares of most companies in the Daily News Index were higher Tuesday, led by Brilliant Digital Entertainment Inc. of Woodland Hills and Glendale's IHOP IHOP International House Of Pancakes (restaurant chain) iHOP Information Hyperlinked Over Proteins IHOP International House of Prayer IHOP International H2O Project IHOP International House of Pain Corp. Brilliant Digital gained 56.75 cents to $6.5675. IHOP gained $2.0625 to $23.8175. - Daily News LOSING ENERGY: Natrol Inc., a Chatsworth maker and distributor of dietary supplements, said earnings for the second quarter will be equal to or slightly below last year's level. The earnings per share will be diluted, reflecting about a 30 percent increase in the number of outstanding shares as a result of the company's IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. in July 1998. However, revenue is expected to show about a 10 percent increase. Natrol said weaker consumer demand for nutritional supplements and related products affected business. - Daily News MOVING: SMTEK International Inc. of Thousand Oaks has applied for listing on the Nasdaq SmallCap Market. The electronics manufacturing services Electronic manufacturing services (EMS) is term used for companies that design, test, manufacture, distribute and provide return/repair services for electronic component and assemblies for original equipment manufacturers (OEMs). provider decided to move from the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. after the Big Board informed the company it will substantially raise the financial requirements for listing. Recently, SMTEK completed a 1-for-20 reverse stock split, which raised the share price and enabled the company to meet all of the initial listing requirements for the SmallCap market. Approval from Nasdaq is expected in late June or early July. Meanwhile, SMTEK shares will continue trading on NYSE NYSE See: New York Stock Exchange under the symbol SMK SMK Smoke SMK Smoker SMK Statsministerens Kontor SMK Slagsmålsklubben (Swedish band) SMK Super Mario Kart (video game) SMK Software Migration Kit SMK Shared Management Knowledge SMK Sierra Match King until July 9, if necessary. Nasdaq will assign a new symbol. - Daily News PLANET SOLD: Canoga Park-based MobilePlanet Inc., a distributor of mobile computing products, has been acquired by French concern Pinault-Printemps-Redoute for an undisclosed price from owners Casey Powers and Matt Kramer. PPR PPR peste des petitis ruminants. will use MobilePlanet, which was founded in 1994 and has 40 employees, to enter the U.S. market for hand-held computing devices. Powers, who is president and chief executive officer, and Kramer, who is executive vice president, will continue to work at MobilePlanet. - Daily News |
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