IN BRIEF.VALLEY INDEX FALLS: Shares of most companies in the Daily News Index were lower Friday, led by Chatsworth's Natrol Inc. Natrol dropped 75 cents to $6.50. - Daily News VEDC VEDC Valley Economic Development Center (Los Angeles, CA, USA) BOSS: Roberto Barragan has become the second interim director of the Valley Economic Development Center in two months, officials said Friday. He replaces Wilma Berglund, who took over on an interim basis in early August after former President John Rooney
Nonprofits are also called not-for-profit corporations. Nonprofit corporations are created according to state law. agency at the same time she was in charge of the state-funded business development operation, officials said. A search for a full-time president probably will not start until January, officials said. - Daily News SEMTECH ACQUISITION: Semtech Corp., a Newbury Park-based semiconductor firm, announced Friday that it has purchased Practical Sciences, Inc., for an undisclosed sum. Practical Sciencesof Oxnard specializes in high-speed communications components, including clock and data recovery devices. Semtech said the purchase will strengthen its position in the fiber optic market. - Daily News CAL (1) (Computer-Assisted Learning) Same as CBT. (2) (Conversational Algebraic Language) A timesharing language from the University of California. AMP FALLS: Shares of 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). Amplifier fell nearly 20 percent Friday on heavy volume, a day after the Camarillo-based maker of satellite reception products reported stronger-than-expected quarterly earnings. CalAmp shares fell $3.75 to $15.3125 as investors sold following a run-up from under $2 as recently as early April. - Daily News IWERKS NAMES: Burbank-based Iwerks Entertainment Iwerks Entertainment was founded in 1985 by Stan Kinsey and Don Iwerks, two former Disney Executives, and became well known through 1996 as a leading developer of special venue and virtual reality theaters throughout the world. Inc. has named Hollywood veterans Peter Guber and Paul Schaeffer as chairman and vice chairman, respectively. Guber and Schaeffer are the co-founders and current chairman and vice chairman of the Mandalay Entertainment Group. Guber is best known for being the chairman of Sony Pictures between 1989 and 1995. - Daily News |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion