IN BRIEF.VALLEY INDEX DROPS: Stocks in the Daily News/Bloomberg Index stocks fell 1.50 to 123.88, led by Newbury Park-based Semtech Corp. and Woodland Hills-based PacificAmerica Money Center. Semtech fell 2 11/16 to 52-1/8. PacificAmerica fell 2-1/4 to 25-1/2. ?13- Bloomberg News NEWHALL RISES SHARPLY: Shares in Valencia-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. zoomed up $5.75 Friday, to close at a 52-week high of $32, but no one seems to know why. ``We are unaware of any reason or event that would cause the high volume,'' said company spokeswoman Marlee Lauffer. James Schmitt, an analyst at Westcountry Financial, said he was similarly mystified mys·ti·fy tr.v. mys·ti·fied, mys·ti·fy·ing, mys·ti·fies 1. To confuse or puzzle mentally. See Synonyms at puzzle. 2. To make obscure or mysterious. . The increase helped give the company a 33 percent one-week increase in share price. Newhall Land and Farming is the developer of Valencia. ?13- Daily News SIMI SIMI Sea Ice Mechanics Initiative SIMI Search for Intelligent Monkeys on the Internet SIMI Students Islamic Movement in India SIMI Society of Irish Motor Industry SIMI Smallholder Irrigation Markets Initiative NEEDS A MALL: A financial consultant has determined that $400 million in retail sales is leaking from Simi Valley Simi Valley (sē`mē, sĭm`ē), city (1990 pop. 100,217), Ventura co., SW Calif. in an oil, fruit, and farm region; laid out 1887, inc. 1969. to neighboring communities because the city doesn't have a central shopping mall. Encino-based Natelson Co. Inc. said Simi Valley could raise its annual retail sales from $700 million to $1.1 billion if it had more stores typically found in shopping malls like the one Forest City Development has tried for two years to create. ?13- Daily News ECH ECH Echelon ECH Echangeur (French: Exchange; Canada Post street designation) ECH Electron Cyclotron Heating ECH Epichlorohydrin ECH Echinacea ECH Emergency Command Hologram (Star Trek) GETS NEW PRESIDENT: Larry Thomas has been named president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Electronic Clearing House Inc., an Agoura Hills-based provider of credit card processing, check guarantee and other services. ?13- Daily News |
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