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IN BRIEF.

VALLEY INDEX JUMPS: The Daily News/Bloomberg Index rose 2.16 to 138.69, led by Tekelec of Calabasas and Semtech Corp. of Newbury Park. Tekelec rose 3-3/4 to 48-1/4. Semtech Corp. rose 2-1/8 to 21 a day after the company reported better-than-expected first-quarter earnings.

- Bloomberg News

CHAMBER AWARDS: The United Chambers of Commerce of the San Fernando Valley San Fernando Valley

Valley, southern California, U.S. Northwest of central Los Angeles, the valley is bounded by the San Gabriel, Santa Susana, and Santa Monica mountains and the Simi Hills.
 is slated to present 23 local business owners with the Small Business of the Year Award at a breakfast meeting today at 7:30 a.m. at the Airtel Plaza Hotel The Plaza Hotel in New York City is a landmark 19-story luxury hotel with a height of 250 feet (76 m) and length of 400 feet that (122 m) occupies the west side of Grand Army Plaza, from which it derives its name, and extends along Central Park South in Manhattan.  in Van Nuys. The United Chambers represents the Valley's 23 local chambers of commerce. Recipients were nominated by their respective chambers. The Airtel Plaza Hotel is at 7277 Valjean Ave.

- Daily News

BIG KISS: Shares in Woodland Hills-based Brilliant Digital Entertainment Inc. rose 49 percent Thursday on news the company has signed a deal to produce an interactive video disc for the rock band KISS. The company's stock rose $1.062 to close at $3.25.

- Daily News

TV EXEC DEPARTS: Geraldine Laybourne Geraldine Laybourne founded Oxygen Media and has served as its chairman and chief executive officer since its inception. Oxygen was launched in 2000 to fill a void in the television landscape -- creating a television network targeted to younger women.  has left her job as president of Walt Disney Noun 1. Walt Disney - United States film maker who pioneered animated cartoons and created such characters as Mickey Mouse and Donald Duck; founded Disneyland (1901-1966)
Disney, Walter Elias Disney
 Co.'s cable networks to start a new company that will produce Internet and television programming for women and children. Burbank-based Disney will invest an undisclosed amount in Laybourne's new company and receive first rights on its children's programming.

- Daily News

APPOINTMENT: Sherman Oaks-based blood products distributor HemaCare Corp. said Thursday it has named William Nicely as its new chief executive. Nicely formerly served as chief executive officer for American Red Cross American Red Cross: see Red Cross.  Blood Services' Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region,  region. HemaCare shares closed down 3.12 cents at 56.25 cents.

- 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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Title Annotation:Business
Publication:Daily News (Los Angeles, CA)
Date:May 29, 1998
Words:275
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