IN BRIEF.VALLEY INDEX RISES: Stocks in the Daily News/Bloomberg Index rose 2.15 to 124.97, led by Burbank-based 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. and PacificAmerica Money Center of Woodland Hills. Disney rose 2 11/16 to 97-5/8. PacificAmerica rose 2-1/2 to 21-1/2. ?13- Bloomberg News T-BILL RATES MIXED: Interest rates on short-term Treasury securities were mixed in Monday's auction. The Treasury Department sold $7.25 billion in three-month bills at an average discount rate of 5.11 percent, down from 5.145 percent last week. An additional $7.29 billion was sold in six-month bills at an average rate of 5.195 percent, the same as last week. ?13- Associated Press Associated Press: see news agency. Associated Press (AP) Cooperative news agency, the oldest and largest in the U.S. and long the largest in the world. UNIVERSAL MAY BUY STUDIO: Universal Studios is in negotiations with Warner Bros BROS Brothers BROS Benefits and Retirement Operations Section (King County, Washington) BROS Barnes and Richmond Operatic Society (London, UK) . to buy the Hanna-Barbera animation studio building on Cahuenga Boulevard in Studio City. A spokeswoman said Universal is considering the deal because of the need for office space near the Universal lot. ?13- Daily News FORECLOSURES UP: Real estate foreclosures are expected to increase 8 percent statewide this year, according to Experian, a real estate research firm. Southern California accounts for the lion's share of mortgage delinquencies in California, and leading the pack are Riverside, San Bernardino, Kern and San Luis Obispo San Luis Obispo (săn l  `ĭs ōbĭs`pō), city (1990 pop. 41,958), seat of San Luis Obispo co., S Calif., near San Luis Obispo Bay; inc. 1856. counties. Foreclosures are projected to decline by more than 8 percent in the San Francisco Bay Area “Bay Area” redirects here. For other uses, see Bay Area (disambiguation).The San Francisco Bay Area, colloquially known as the Bay Area or The Bay and Orange and San Diego counties. The rate has stabilized in Los Angeles County. ?13- Daily News LITTON GOES POSTAL: Woodland Hills-based Litton Industries said Monday it has won a contract worth up to $100 million to supply the U.S. Postal Service The U.S. Postal Service (USPS) processes and delivers mail to individuals and businesses within the United States. The service seeks to improve its performance through the development of efficient mail-handling systems and operates its own planning and engineering programs. with management and information technology services. Litton already provides the services to the Postal Service, but the existing contract expires next year. |
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