IN BRIEF.VALLEY INDEX DROPS: The Daily News/Bloomberg Index fell 1.12 to 136.83, led by Burbank's The Walt Disney Co. and Sylmar's MiniMed Inc. Disney fell 2-1/8 to 116 3/16. MiniMed fell 1 11/16 to 49-5/8. - Bloomberg News SWORDS TO SORES: Sun Valley-based Numotech Inc. said it will sign a $5.76 million contract with Sandia National Laboratories Sandia National Laboratories, which is managed and operated by the Sandia Corporation (a wholly owned subsidiary of Lockheed Martin Corporation), is a major United States Department of Energy research and development national laboratory with two locations, one in Albuquerque, New in New Mexico today to commercialize government hyperbaric oxygen hyperbaric oxygen n. Oxygen at a pressure that is above one atmosphere. Also called high-pressure oxygen. Hyperbaric oxygen technology for treating slow-healing wounds such as bedsores Bedsores Definition Bedsores are also called decubitus ulcers, pressure ulcers, or pressure sores. These tender or inflamed patches develop when skin covering a weight-bearing part of the body is squeezed between bone and another body part, or a bed, and burns. Numotech has commercial rights to the technology, developed by a University of California, Los Angeles UCLA comprises the College of Letters and Science (the primary undergraduate college), seven professional schools, and five professional Health Science schools. Since 2001, UCLA has enrolled over 33,000 total students, and that number is steadily rising. , researcher. - Scripps-McClatchy News Service SHARE SPLIT: Shareholders of Valencia National Bank in Santa Clarita approved a two-for-one stock split effective June 15 for shareholders of record on May 28. Founded in 1987, Valencia National Bank operates three banking offices in the Santa Clarita Valley The Santa Clarita Valley is the valley of the Santa Clara River in Southern California. It stretches through Los Angeles County and Ventura County. Its main population center is the city of Santa Clarita. The valley was part of the 48,612-acre (19,672. . - Daily News VIDEOCONFERENCE DEAL: A subsidiary of WellPoint Health Networks, a Woodland Hills-based managed care company, is buying 30 PictureTel Videoconferencing Systems and related services from Camarillo-based View Tech Inc. The contract is valued at more than $800,000. View Tech provides voice, video and data equipment, network services and communications solutions for businesses worldwide. - Daily News CHEROKEE DECLARES DIVIDEND: At its annual shareholders meeting, Cherokee Inc. declared a cash dividend of 25 cents a share to be distributed Aug. 3 to shareholders of record by July 15. The Van Nuys-based licenser and marketer of the Cherokee and Sideout brands also said it might buy other brands and distribute more dividends if excess cash reserves Cash reserves See: Cash investments cash reserves Investment funds that are held in short-term assets such as Treasury bills and certificates of deposit until more permanent investment opportunities are available. accumulate. - Daily News |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion