IN BRIEF.VALLEY INDEX FALLS: Shares of most companies in the Daily News Index were lower Wednesday, led by ACT Networks Inc. of Calabasas and Valencia's 3D Systems Inc. ACT dropped $1 to $15. 3D Systems fell 18.75 cents to $4.5675. - Daily News SEMTECH BUYBACK: Semtech Corp., a Newbury Park-based maker of analog and mixed-signal semiconductors, said Wednesday that it has completed the $10 million stock repurchase Stock repurchase A firm's repurchase of outstanding shares of its common stock. program announced Feb. 2, and that its board has authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: the purchase of another $10 million worth of its stock. The purchases will be made on the open market over the next few months and are intended to fund stock option exercises. Also, the company expects to beat analysts' expectations when it releases its second-quarter earnings after the markets close Aug. 24. Semtech stock gained $3.5625 to close Wednesday at $64. - Daily News NEW TERMINAL: American Eagle opened a satellite terminal at Los Angeles International Airport “LAX” redirects here. For other uses, see LAX (disambiguation). “KLAX” redirects here. For other uses, see KLAX (disambiguation). Los Angeles International Airport (IATA: LAX, ICAO: KLAX, FAA LID: LAX on Wednesday. The 14,500-square-foot facility will allow American Eagle customers to board their flights through a system of telescoping walkways; previously, customers were shuttled across the tarmac at semiregular intervals. American Eagle operates 76 flights a day from LAX to eight destinations, including 26 daily flights to San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. . The company is the regional affiliate of American Airlines American Airlines Major U.S. airline. American was created through a merger of several smaller U.S. airlines and incorporated in 1934. It continued to buy the routes of other airlines, becoming an international carrier in the 1970s; its routes include South America, the . - City News Service TALENT MERGER: Two major talent management groups, Gold/Miller and Atlas/Third Rail, announced they will merge. Gold/Miller's clients include Jim Carrey “James Carrey” redirects here. For the murder conspirator, see James Carey. James Eugene Carrey (born January 17, 1962) is a Canadian actor and comedian. , the Wayans family, Judd Apatow and Jay Roach. Atlas/Third Rail's clients include Alanis Morissette, the Goo Goo Dolls, Savage Garden and Green Day. Partners in the merged company will include Allen Shapiro, Charles Roven, Jimmy Miller, Scott Welch, Pat Magnarella and Eric L. Gold. - City News Service |
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