IN BRIEF.VALLEY INDEX DROPS: The Daily News/Bloomberg Index fell 1.47 to 135.21, led by 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. of Burbank and Semtech Corp. of Newbury Park. Disney fell 2-7/8 to 112 3/16. Semtech Corp fell 1 11/16 to 16 15/16. - Bloomberg News BINDER SELLS SHARES: Gordon M. Binder, chairman of Thousand Oaks-based Amgen Inc., filed Friday to sell 100,000 shares, almost 7 percent of the 1.5 million shares he owns, 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. regulatory filings. Binder, chief executive of the world's largest biotechnology company, last sold Amgen stock in May, when he sold 84,000 shares. - Bloomberg News NEWHALL SELLS LAND: Santa Clarita-based The Newhall Land and Farming Company The Newhall Land and Farming Company is a land management company based in Valencia, California, United States. The company is responsible for the master community planning of Valencia, as well as the management of farm land elsewhere in the state. said it has closed escrow on the sale of 445 lots to Kaufman and Broad Home Corp. for $12.5 million cash. The land is in the Santa Clarita Santa Clarita, city (1990 pop. 110,642), Los Angeles co., S Calif., suburb 30 mi (48 km) NW of downtown Los Angeles, on the Santa Clara River; inc. 1987. Situated in the Santa Clara valley and nearby canyons, Santa Clarita includes the former towns of Canyon Country, Valley's Hasley Hills section north of the Valencia Commerce Center. - Daily News NETTER DEALS: North Hollywood-based Netter Digital Entertainmenthas signed two deals worth $4.6 million with unnamed companies - one for co-production on a new animated 3-D children's TV series and the other to produce the computer graphics for an electronic game. Netter stock rose 3/16 to 3 7/16. - Daily News PS BUYBACK: The directors of Public Storage Inc., a Glendale-based self-storage company, authorized a stock buyback Stock buyback A corporation's purchase of its own outstanding stock, usually in order to raise the company's earnings per share. stock buyback See buyback. program of up to 10 million common shares. The real estate investment trust buys, develops, owns and operates self-storage facilities. It has interests in 1,143 properties in 38 states. - Daily News EARNINGS North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Scientific Inc. North Hollywood-based radio-active materials manufacturer April 2nd Qtr. 1998 1997 Sales $1.35 million $900,000 Net Income $279,000 $102,000 Net Per Share 4 cents 2 cents |
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