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IN BRIEF.


VALLEY INDEX DROPS: The Daily News/Bloomberg Index fell 2.44 to 123.14, led by Wellpoint Health Networks of Woodland Hills and Countrywide coun·try·wide  
adv. & adj.
Throughout a whole country; nationwide: launched a fundraising campaign countrywide; a countrywide search.

Adj. 1.
 Credit Inc. of Calabasas. Wellpoint fell $2.3125 to $57.325. Countrywide fell $1.50 to $43.50.

- Bloomberg Bloomberg

A major global provider of 24-hour financial news and information including real-time and historic price data, financials data, trading news and analyst coverage, as well as general news and sports.
 News

TURBODYNE DROPS: Turbodyne Technologies Inc.'s shares fell as much as 13 percent on concerns that the pollution-control equipment maker won't collect on a $30.7 million contract with a Russian Russian

associated in some way with Russia.


Russian blue
a breed of cats with short, dense, silver-tipped blue-colored coat and vivid green eyes.
 transportation company. Turbodyne fell 78.125 cents to $6.375 in late trading Late trading

Late trading of mutual fund shares occurs when investors placing trades after 4 PM receive the 4 PM price. These late traders can use the information revealed after 4 PM to guide their trades: buying funds when their current value is greater than their 4 PM value and
 of 652,000 shares, less than its three-month daily average. Earlier, the shares touched $6.25. Turbodyne said Russia's currency problems won't disrupt sales of automotive pollution-control devices to Moscow-based Trans Business Group.

- Bloomberg News

EARNINGS

DDL (1) (Data Description Language) A language used to define data and their relationships to other data. It is used to create the data structure in a database. Major database management systems (DBMSs) use a SQL data description language.  Electronics Inc.

Newbury Park-based electronics manufacturer

June 4th Qtr. 1998 1997

Sales $13.4 million $14.96 million

Net Income (Loss) ($497,000) ($414,000)

Net Per Share (Loss) (2 cents) (1 cent)

Year End 1998 1997

Sales $53.3 million $51.6 million

Net Income (Loss) $493,000 ($868,000)

Net Per Share (Loss) 2 cents (3 cents)

(x) Excluding some nonrecurring merger expenses the fourth-quarter net income totaled $112,000, the company said.

Dick Clark

For other people named Dick Clark, see Dick Clark (disambiguation).


Richard Wagstaff "Dick" Clark (born November 30, 1929) is an Emmy Award-winning American television, radio personality, game show host and businessman, he served as
 Productions Inc.

Burbank-based entertainment company

June 4th Qtr. 1998 1997

Sales $22.6 million $23.1 million

Net Income $1.7 million $1.05 million

Net Per Share 19 cents 12 cents

Year End 1998 1997

Sales $86.25 million $66.1 million

Net Income $8.2 million $6.5 million

Net Per Share 92 cents 73 cents
COPYRIGHT 1998 Daily News
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Title Annotation:BUSINESS
Publication:Daily News (Los Angeles, CA)
Geographic Code:1USA
Date:Aug 27, 1998
Words:260
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