IN BRIEF.VALLEY INDEX FALLS: Shares of most companies in the Daily News Index were lower Monday, led by Burbank's Align-Rite International Inc. and Camarillo's Salem Communications Inc. Align-Rite fell 87.5 cents to $14.25. Salem fell $1.50 to $26.50.
- Daily News
GM-WARNER DEAL: Warner Bros BROS Brothers
BROS Benefits and Retirement Operations Section (King County, Washington)
BROS Barnes and Richmond Operatic Society (London, UK) . has agreed with General Motors Corp. to a long-term marketing partnership and will disclose details at a news conference Thursday. The deal reportedly is valued at more than $200 million and will give the automaker a first-look option on all auto marketing opportunities such as promotions tied to movies, music, TV shows, Web sites and consumer products. Warner, whose characters include Bugs Bunny, Daffy Duck, Tweety and the Roadrunner roadrunner
or chaparral cock
Either of two species of terrestrial cuckoo, especially Geococcyx californianus (family Cuculidae), of Mexican and southwestern U.S. deserts. About 22 in. , plans to unveil a Looney Tunes minivan at the event.
- Daily News
NETCOM NETCOM Network Enterprise Technology Command (US Army)
NetCom Network Command (information systems) MOVES: Netcom Systems, a maker of network performance measurement and analysis equipment, has opened a new 107,000-square-foot headquarters in Calabasas. The facility is twice as large as the company's former Chatsworth offices and features a state-of-the-art network performance measurement lab called SmartLab. Netcom will host a grand opening ceremony and reception Friday. Speakers will include Dennis Washburn, Calabasas' mayor pro tem [Latin, For the time being.] An abbreviation used for pro tempore, Latin for "temporary or provisional."
A person who acts as a temporary substitute serves pro tem. , and Barry Phelps, Netcom president and chief executive. Founded in 1988, Netcom Systems is a wholly owned subsidiary Wholly Owned Subsidiary
A subsidiary whose parent company owns 100% of its common stock.
In other words, the parent company owns the company outright and there are no minority owners. of Bowthorpe plc, a British holding company.
- Daily News
Chatsworth-based dietary supplements company
June 2nd Qtr. 1999 1998
Sales $17.9 million $16.3 million
Net Income $1.9 million $1.6 million
Net Per Share14 cents 15 cents
Strong sales across the board offset a decline in business among herbal items, especially for gingko biloba Gingko biloba,
n See gingko. and Saint Johnswort. Despite the actual increase in profits, diluted earnings per share diluted earnings per share
An earnings measure calculated by dividing net income less preferred stock dividends for a period by the average number of shares of common stock that would be outstanding if all convertible securities were converted into shares of declined due to a 28 percent increase in share count.