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IN BRIEF.


VALLEY INDEX GAINS: The Daily News/Bloomberg Index rose 0.54 to 118.02, led by Amgen Inc. of Thousand Oaks Thousand Oaks, residential city (1990 pop. 104,352), Ventura co., S Calif., in a farm area; inc. 1964. Avocados, citrus, vegetables, strawberries, and nursery products are grown.  and Glendale's IHOP IHOP International House Of Pancakes (restaurant chain)
iHOP Information Hyperlinked Over Proteins
IHOP International House of Prayer
IHOP International H2O Project
IHOP International House of Pain
 Corp. IHOP rose $2.5625 to $40.8125.

Amgen rose $3.125 to $79.625 after the company reported it paid Baltimore-based Guilford Pharmaceuticals Inc. $1 million for progress on developing a new class of drugs for treating neurological disorders This is a list of major and frequently observed neurological disorders (e.g. Alzheimer's disease), symptoms (e.g.back pain), signs (e.g. aphasia) and syndromes (e.g. Aicardi syndrome). . The two companies are jointly developing the drugs, which are based on several molecules patented by Guilford. A treatment for Parkinson's disease Parkinson's disease or Parkinsonism, degenerative brain disorder first described by the English surgeon James Parkinson in 1817. When there is no known cause, the disease usually appears after age 40 and is referred to as Parkinson's disease.  is the first drug expected to emerge from the research, Guilford officials said.

- Daily News

JEWELER COMPLETES DEAL: Burbank-based jewelry company OroAmerica Inc. said Monday that it has purchased the assets of the Jene business unit of Minneapolis-based Jewelrymont Co. for $2.05 million in cash. OroAmerica has purchased all tangible operating assets Operating Assets

Another term for working capital.
 of Jene, which include inventory and customer lists. Jene last year had about $10 million in sales.

- Daily News

IMAGE SIGNS DVD DVD: see digital versatile disc.
DVD
 in full digital video disc or digital versatile disc

Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology.
 DEAL: Image Entertainment Inc., a Chatsworth-based licensee and distributor of laserdiscs and digital versatile discs, said Monday that it has entered into an agreement with Minneapolis-based Navarre Corp. under which Navarre will supply 60 Image DVD titles to computer retailer CompUSA. The move is part of Image's strategy of distributing DVDs in ``nontraditional video'' outlets. According to Image, by year's end 8 million personal computers will have DVD-ROM DVD-ROM: see digital versatile disc.


A read-only DVD disc used to permanently store data files. DVD-ROM discs are widely used to distribute large software applications that exceed the capacity of a CD-ROM disc.
 drives that can play movies on DVD.

- Daily News

CHEROKEE SIGNS SIDEOUT DEAL: Cherokee Inc., a Van Nuys-based licensor of brand names and trademarks for clothing, footwear and accessories, said Monday that it has licensed its Sideout label to Outlook Eyewear of Denver. Under the three-year deal, Outlook - a division of Bausch & Lomb Inc. - will make and sell sunglasses with the Sideout label in the United States. Terms of the agreement were not disclosed.

- Daily News
COPYRIGHT 1998 Daily News
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Title Annotation:Business
Publication:Daily News (Los Angeles, CA)
Geographic Code:1USA
Date:Sep 29, 1998
Words:305
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