IN BRIEF.VALLEY INDEX RISES: Stocks in the Daily News/Bloomberg Index rose 0.55 to 130.71, led by Burbank's The Walt Disney Noun 1. Walt Disney - United States film maker who pioneered animated cartoons and created such characters as Mickey Mouse and Donald Duck; founded Disneyland (1901-1966) Disney, Walter Elias Disney Co. and Wellpoint Health Networks of Woodland Hills. Disney rose 2 5/16 to 110 13/16. Wellpoint rose 2 to 56-1/8. - Bloomberg News COHR COHR Congolese Observatory of Human Rights SKIDS: Stock of Chatsworth-based Cohr Inc. lost 13 percent of its value, falling 1 9/16 to 10-1/8 to a 52-week low after the hospital equipment maintenance specialist was dropped from coverage by analyst John Calcagnini at CIBC CIBC Canadian Imperial Bank of Commerce CIBC Centres Interinstitutionnels de Bilan de Compétences CIBC Commonwealth Institute of Biological Control (Trinidad) CIBC Commercial International Brokerage Company Oppenheimer. Volume totaled 638,600 shares, more than six times its daily average over the past six months. - Daily News 3D WARNS OF LOSS: Valencia-based 3D Systems Corp. said Wednesday that it will post a loss for the fourth quarter and year ended Dec. 31. The company blamed inventory adjustments and higher than expected costs in its European operations for the losses. 3D Systems lost $2 million on $55.6 million in sales for the first three quarters of 1997. - Daily News NEWCOM NEWCOM Network of Excellence in Wireless Communications (Europe) DEAL: NewCom Inc., a Westlake Village-based maker of computer communications and multimedia equipment, said it has entered into an agreement with privately-held The Fourth Communications Network The transmission channels interconnecting all client and server stations as well as all supporting hardware and software. Inc. to establish Internet on television services for hotels. Under the agreement, NewCom will supply its WebPal Internet TV set-top boxes for Fourth Communication's Hotel Internet access services. NewCom stock fell 1 7/16 Wednesday to close at 15 13/16. - Daily News NTS NTS National Technical Systems NTS National Trust for Scotland NTS Nevada Test Site NTS NT Server (Microsoft Windows) nts Not the Same NTS National Traffic System (amateur radio) DEAL: National Technical Systems Inc., a Calabasas-based technology services company, announced that the National Institute of Justice has selected it to conduct tests evaluating the ballistic resistance of police body armor. The contract is worth in excess of $300,000, according to a company spokesman. - Daily News |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion