IN BRIEF.VALLEY INDEX FALLS: Shares of most companies in the Daily News Index were lower Thursday, led by Chatsworth's Chad Chad (chăd, chäd), Fr. Tchad, officially Republic of Chad, republic (2005 est. pop. 9,826,000), 495,752 sq mi (1,284,000 sq km), N central Africa. Theraupeutics and Burbank's Four Media Inc. Chad fell 25 cents to $1.875. Four Media fell 43.75 cents to $6.25. - Daily News EARNINGS Autologic Information International Thousand Oaks-based maker of computer-based pre-press systems for the publishing industry. April 2nd Quarter 1999 1998 Sales $19.6 million $22.5 million Net Income (Loss) ($131,000) $690,000 Net Per Share (2 cents) 12 cents Increased sales and profits at wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. Xitron were offset by a decrease in systems and equipment sales, particularly in the Pacific Rim Pacific Rim, term used to describe the nations bordering the Pacific Ocean and the island countries situated in it. In the post–World War II era, the Pacific Rim has become an increasingly important and interconnected economic region. and Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . Chad Therapeutics therapeutics Treatment and care to combat disease or alleviate pain or injury. Its tools include drugs, surgery, radiation therapy, mechanical devices, diet, and psychiatry. Inc. Chatsworth-based maker of oxygen respiratory equipment 4th Quarter ended March 31 1999 1998 Sales $3.02 million $3.54 million Net Income (Loss) ($679,000) ($10,000) Net Per Share (7 cents) (0 cent) Year ended March 31 1999 1998 Sales $14.06 million $16.16 million Net Income (Loss) ($1.46 million) $797,000 Net Per Share (15 cents) 8 cents (xx) The company said slowing sales of its two lines of oxygen tanks hurt earnings. Litton Industries Named after inventor Charles Litton Sr., Litton Industries was a large defense contractor in the United States, bought by the Northrop Grumman Corporation in 2001. Inc. Woodland Hills-based defense contractor Noun 1. defense contractor - a contractor concerned with the development and manufacture of systems of defense armed forces, armed services, military, military machine, war machine - the military forces of a nation; "their military is the largest in the region"; April 3rd Quarter 1999 1998 Sales $1.26 billion $1.14 billion Net Income $50.9 million $46.8 million Net Per Share $1.10 98 cents (xx) The company has a $7 billion backlog of orders at quarter's end. |
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