IN BRIEF.VALLEY INDEX DROPS: The Daily News/Bloomberg Index fell 0.22 to 145.04, led by 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. of Woodland Hills and Westlake Village's Dole Food Co. Litton fell 1 13/16 to 61-5/8. Dole fell 1 11/16 to 45 11/16. - Bloomberg News AMGEN AMGEN Applied Molecular Genetics (original meaning) SELLS: Amgen Inc. reported the sale of its 5.7 percent stake in Techne Corp. of Minneapolis. Thousand Oaks-based Amgen sold 1.07 million Techne common shares for $17 each, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a Schedule 13D Schedule 13D An form that must be filed with the SEC under Rule 13D when a person or group acquiring more than 5% of any class of a company's shares to disclose this information within 10 days of the transaction. filed with the Securities and Exchange Commission. Amgen sold the shares through an open-market transaction Open-Market Transaction An order placed by an insider, after all appropriate documentation has been filed, to buy or sell restricted securities openly on an exchange. Notes: April 15. Techne is the parent company for Research and Diagnostic Systems Inc., a specialty manufacturer of biological products. - Bloomberg News SEBASTIAN AWARD: Sometimes it's the package that counts. The package design for Woodland Hills-based Sebastian International's Total Indulgence body-care line won the Best of Show award at the National Association of Container Distributors' 35th Annual Packaging Awards Judging. - Daily News |
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