IN BRIEF.VALLEY INDEX GAINS: The Daily News/Bloomberg Index rose 0.38 to 117.48, led by Newbury Park's Xircom Inc. and Simi Valley's Eltron International Inc. Xircom rose $2 to $26. Eltron rose $1.25 to $29. - 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 LAYOFFS: Woodland Hills-based Health Net, the California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). HMO HMO health maintenance organization. HMO n. A corporation that is financed by insurance premiums and has member physicians and professional staff who provide curative and preventive medicine within certain financial, of managed-care giant Foundation Health Systems Inc., said Friday that it laid off about 100 people, or roughly 3 percent of its California work force, as part of continuing cost-saving measures. - Daily News DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. ADVANCE: DreamWorks SKG SKG Stichting Kwaliteit Gevelbouw (Dutch) SKG Spielberg, Katzenberg,and Geffen (DreamWorks Studios) SKG Thessaloniki, Greece - Thessaloniki (Airport Code) SKG Smith and Kraus Global has agreed to support the digital video disc See DVD. Digital Video Disc - Digital Versatile Disc format by releasing ``Mousehunt,'' ``The Peacemaker'' and ``Small Soldiers'' by the end of the year. DreamWorks was the last major studio to commit to DVD. - Daily News EARNINGS Trio-Tech International San Fernando-based semiconductor test equipment manufacturer 4th Quarter ended June 26 1998 1997 Sales $6.4 million $5.5 million Net Income $233,000 $333,000 Net Per Share 8 cents 17 cents Year ended June 26 1998 1997 Sales $21.9 million $21.5 million Net Income $831,000 $1 million Net Per Share 33 cents 51 cents Sales of equipment helped offset lower demand for testing services, the company said. Netter Digital Entertainment Inc. North Hollywood-based provider of television and movie productions, and special effects special effects, in motion pictures, cinematographic techniques that create illusions in the audience's minds as well as the illusions created using these techniques. and animation services for television, film and games. June 4th Qtr 1998 1997 Sales $9 million$8.6 million Net Income $51,896 $138,003 Net Per Share 1 cent 4 cents Year End 1998 1997 Sales $32.3 million $25.7 million Net Income $160,998 $190,376 Net Per Share 4 cents 6 cents Income from operations for the year jumped to $375,966 from last year's $156,731. The company, however, posted an approximately $400,000 loss from Videssence Inc., its entertainment lighting subsidiary. |
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