IN BRIEF.VALLEY INDEX JUMPS: The Daily News/Bloomberg Index rose 1.31 to 145.11, led by Camarillo's Vitesse Semiconductor Corp. and 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. . Vitesse rose 2-7/8 to 56-7/8. Amgen rose 1-7/8 to 59-1/8.- Bloomberg News MATTHEWS PURCHASE: Continuing its cross-country acquisition juggernaut Juggernaut, India: see Puri. Juggernaut (Jagannath) huge idol of Krishna drawn through streets annually, occasionally rolling over devotees. [Hindu Rel.: EB, V: 499] See : Destruction , Burbank-based Matthews Studio Equipment Group said Friday it has acquired privately held KGH KGH Kingston General Hospital (Kingston, Ontario) Audio Services of New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. for $420,000 in cash. KGH will become part of Matthews' video equipment rental operation, Duke City Video Inc., and its operations will be moved to Duke City's New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of office. - Daily News PRC DIVESTS: Glendale-based Pollution Research and Control Corp. said Friday it is finalizing a stock purchase agreement to sell subsidiaries Dasibi Environmental Corp. and Logan Medical Devices Inc. Minimum and maximum caps of $6 million and $8 million in common stock have been set for the transaction. The company also announced it is negotiating to purchase an unnamed, privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. specializing in environmental analysis. - Daily News EARNINGS Public Storage Inc. Glendale-based self-storage company March 1st Qtr. 1998 1997 Sales (x) $142.6 million $100.7 million Net Income $48.4 million $42.3 million Earnings Per Share 26 cents 26 cents (x) Improved property operations, the acquisition of additional real estate facilities and partnership interests strengthened sales. The Flamemaster Corp. Sun Valley-based maker of sealants, adhesives and coatings March 2nd Qtr. 1998 1997 Sales $1.02 million $875,143 Net Income $172,856 $109,535 Net Per Share 11 cents 7 cents |
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