IN BRIEF.VALLEY INDEX CLIMBS: Shares of most companies in the Daily News Index were higher Tuesday, led by Sylmar's MiniMed Inc. and The Cheesecake Factory of Agoura Hills. MiniMed gained $5.78125 to $79.9375. Cheesecake Factory jumped $1.90625 to $28.03125. - Daily News BRILLIANT DEAL: Burbank-based Warner Bros BROS Brothers BROS Benefits and Retirement Operations Section (King County, Washington) BROS Barnes and Richmond Operatic Society (London, UK) . signed a distribution deal with Woodland Hills-based Brilliant Digital Entertainment for launching 3-D animated films through the Internet on the Multipath Movie Channel, on Time Warner's Entertaindom Web site. The new channel will feature at least six different Multipath Movie series produced by Brilliant Digital, including ``Superman: The Menace of Metallo,'' and is slated to launch during the fourth quarter along with the start of Entertaindom. - Daily News AMC (Advanced Mezzanine Card) See AdvancedTCA. OFFICE: The AMC movie chain has decided to close its three regional offices in a cost-cutting move, including its operation in Century City. AMC has also shifted its national film-buying headquarters to its existing office in Woodland Hills, where about 25 people are employed. - Daily News POPULAR DVDS DVDS Digital Video Distribution System DVDS Digital Video Double Sided : More than 900,000 DVD players A stand-alone device that plays DVDs. It contains a DVD drive and the electronics to decode the digital video. The device may play only manufactured DVDs, or it may be able to play DVD-R, DVD-RW and DVD+RW discs. DVD players are cabled to a TV or home theater system for display. were shipped to retail in the third quarter, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. figures released Tuesday by the Consumer Electronics Manufacturers Association. DVDs experienced a roughly 225 percent growth rate in the third quarter of 1999 vs. the third quarter of 1998, according to CEMA CEMA Conveyor Equipment Manufacturers Association CEMA Chef d'Etat-Major des Armees CEMA Consumer Electronics Manufacturers Association CEMA Canadian Egg Marketing Agency CEMA Council for the Encouragement of Music and the Arts . The latest shipments bring to 2.2 million the total number of DVD players shipped this year. - Daily News TOY MONEY: Standard & Poor's said Tuesday it is considering lowering the debt rating of Mattel Inc. following the toy company's surprise warning that its earnings will fall sharply. If the rating is lowered by the major business information service, investors will view El Segundo-based Mattel bonds as riskier and will demand higher interest rates for lending the company money, increasing Mattel's expenses. Mattel, the world's largest toy maker, announced on Monday that it expects earnings per share of 30 cents to 40 cents in the third quarter. Wall Street analysts had expected 67 cents a share. - 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. |
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