IN BRIEF.VALLEY INDEX FALLS: Shares of companies in the Daily News Indexwere mixed, with more than half losing ground. Electro E`lec´tro n. 1. An electrotype. Rent of Van Nuys and Burbank's Highland Bancorp led the decliners; Electro Rent lost $1.6875 to $12.0625 and Highland lost $3.8125 to $32.50. - Daily News UPGRADE GAIN: Shares in Thousand Oaks-based Amgen Inc. rose $3.625, or 3.4 percent, to $107.875 after Salomon Noun 1. Salomon - American financier and American Revolutionary War patriot who helped fund the army during the American Revolution (1740?-1785) Haym Salomon Smith Barney Smith Barney is a division of Citigroup Global Capital Markets Inc., a global, full-service financial firm, that provides brokerage, investment banking and asset management services to corporations, governments and individuals around the world. analyst Meirav Chovav reiterated the stock a ``buy'' and said testing of a new version of the company's drug Epogen E·po·gen A trademark for the drug epoetin alfa. epoetin alfa Epogen, Eprex (CA) (UK), Procrit Pharmacologic class: Recombinant human erythropoietin Therapeutic class: is ahead of schedule. Chovav said Amgen shares could reach $150 within a year. - Daily News THE BOOK ON MATTHEWS Matthews may refer to: In places:
- Daily News COUNTRYWIDE coun·try·wide adv. & adj. Throughout a whole country; nationwide: launched a fundraising campaign countrywide; a countrywide search. Adj. 1. HITS RECORD: Saying it reached a company milestone, Calabasas-based residential mortgage lender Countrywide Credit Industries Inc. announced Thursday that it funded $9.4 billion in mortgage loans in December, about 92 percent more than it funded in the comparable month the prior year. Its pipeline of loans - that is, the company's loans in process - amounted to $15.5 billion for the month, more than twice the $7.6 billion from the comparable year-ago period. - Daily News EARNINGS Vitesse Semiconductor Corp. Camarillo-based maker of integrated circuits Integrated circuits Miniature electronic circuits produced within and upon a single semiconductor crystal, usually silicon. Integrated circuits range in complexity from simple logic circuits and amplifiers, about 1/20 in. (1. Dec. 1st Qtr. 1998 1997 Sales $60.2 million $34.7 million Net Income $15.4 million $10.4 million Net Per Share 19 cents 13 cents The company benefited from a strong communications and test equipment market. |
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