THE LABJ STOCK INDEX.TRACKING 200 SELECTED LOS ANGELES Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. COUNTY-BASED COMPANIES MARKET DIARY Tracking the ups and downs ups and downs pl.n. Alternating periods of good and bad fortune or spirits. ups and downs Noun, pl alternating periods of good and bad luck or high and low spirits of the larger U.S. markets, the LABJ LABJ Los Angeles Business Journal 200 index of local stocks lost 3.4 percent of its overall value last week, after gaining 1.5 percent the previous week. The LABJ 200 fared better than the Nasdaq, which was down a whopping 7.9 percent for the week and the S&P 500, which slid 4.4 percent. Unlike the previous week, when 127 local companies saw their shares increase in value and 70 suffered declines, 135 local stocks fell last week with only 57 showing gains. Spurred by the demise Death. A conveyance of property, usually of an interest in land. Originally meant a posthumous grant but has come to be applied commonly to a conveyance that is made for a definitive term, such as an estate for a term of years. of online grocer Webvan Webvan was an online "credit and delivery" grocery business that went bankrupt in 2001. It was headquartered in Foster City, California, USA, near Silicon Valley. It delivered products to customers' homes within a 30-minute window of their choosing. , the hardest hit sector was Internet stocks Internet stock The equity security of a company engaged primarily in a business associated with the Internet. Also called dot-com. , which were down by more than 15 percent for the week. Other struggling sectors included software (down 7.9 percent) and biomedical bi·o·med·i·cal adj. 1. Of or relating to biomedicine. 2. Of, relating to, or involving biological, medical, and physical sciences. and pharmaceutical (down 5.7 percent). The one local sector to show significant gains last week was health care, which was up 3.2 percent. Two Los LOS Length of stay, see there Angeles-based retailers also did well last week: 99 Cents Only Stores was up $3.86, or 13 percent, and athletic gear maker K-Swiss jumped $2.74, to close July July: see month. 11 at $27.62, a gain of 11 percent. Another retailer, Guitar Center, was hit hard by news of lower-than-expected earnings, falling $6.38 to $14.90, a slide of 30 percent.
MARKET INDEXES
July 11 July 5 Point 1-Wk 52-Wk
Index Close Close Change % Chg. % Chg.
Dow Jones Industrial 10241.02 10571.11 -330.09 -3.1% -5.0%
NASDAQ 1972.04 2140.80 -168.76 -7.9% -51.9%
S&P 500 1180.18 1234.45 -54.27 -4.4% -20.9%
LABJ 200 84.10 87.09 -2.99 -3.4% -19.9%
YTD
Index % Chg.
Dow Jones Industrial -5.1%
NASDAQ -20.2%
S&P 500 -10.6%
LABJ 200 -5.5%
INDUSTRY ANALYSIS
July 11 July 5 Point 1-Wk
Index Close Close Change % Chg.
AEROSPACE/DEFENSE 114.84 117.12 2.28 -1.9%
APPAREL 146.86 145.90 0.96 0.7%
AUTOMOTIVE/PLASTICS/METALS 134.77 132.99 1.79 1.3%
BIOMEDICAL & PHARMACEUTICAL 93.79 99.53 -5.74 -5.8%
COMMUNICATIONS 43.84 48.11 -4.26 -8.9%
COMPUTERS/PERIPHERALS/ELECTRONICS 62.85 65.06 -2.21 -3.4%
CONSTRUCTION/ENGINEERING 117.99 114.75 3.24 2.8%
ENERGY/UTILITIES 85.87 84.16 1.71 2.0%
FINANCIAL SERVICES 119.76 123.27 -3.51 -2.8%
HEALTH CARE 99.26 96.10 3.16 3.3%
INSURANCE 111.12 113.92 -2.80 -2.5%
INTERNET 104.14 119.65 -15.51 -13.0%
MEDIA/LEISURE/ENTERTAINMENT 81.18 83.62 -2.44 -2.9%
MISC. MANUFACTURING 121.79 125.17 -3.38 -2.7%
MISC. SERVICES 69.04 69.80 -0.75 -1.1%
REAL ESTATE 119.33 121.88 -2.55 -2.1%
RESTAURANTS/RETAIL/GROCERY STORES 127.45 125.80 1.66 1.3%
SOFTWARE 147.98 155.88 -7.89 -5.1%
52-Wk YTD
Index % Chg. % Chg.
AEROSPACE/DEFENSE 41.5% 1.5%
APPAREL 27.6% 60.0%
AUTOMOTIVE/PLASTICS/METALS 37.8% 37.8%
BIOMEDICAL & PHARMACEUTICAL -21.3% -9.0%
COMMUNICATIONS -59.4% -37.4%
COMPUTERS/PERIPHERALS/ELECTRONICS -32.1% -7.9%
CONSTRUCTION/ENGINEERING 65.5% 9.7%
ENERGY/UTILITIES -5.0% -5.9%
FINANCIAL SERVICES 41.5% -4.8%
HEALTH CARE 51.6% -11.3%
INSURANCE 31.6% 5.7%
INTERNET -21.1% 74.9%
MEDIA/LEISURE/ENTERTAINMENT -25.4% 0.2%
MISC. MANUFACTURING 2.3% 10.6%
MISC. SERVICES -36.7% -28.5%
REAL ESTATE 13.8% 13.0%
RESTAURANTS/RETAIL/GROCERYSTORES 35.8% 29.2%
SOFTWARE 4.8% 85.6%
WEEKLY TOP GAINERS
TOP TEN GAINERS BY PERCENTAGE
July 11 July 5 Point 1-Wk 52-Wk
Company Close Close Change % Chg. % Chg.
Turbodyne Technologies Inc. $0.25 $0.17 $0.08 47.1% -87.9%
Hawker Pacific Aerospace 3.80 2.82 0.98 34.8% -20.0%
Edison International 14.06 11.95 2.11 17.7% -29.5%
99 Cents Only Stores 33.26 29.40 3.86 13.1% 5.7%
Careside Inc. 3.15 2.80 0.35 12.5% -21.3%
K-Swiss Inc. 27.62 24.88 2.74 11.0% 56.7%
Hemacare Corp. 2.1 1.90 0.20 10.5% 40.9%
Electronic Clearing House 0.77 0.70 0.07 10.0% -65.3%
Tetra Tech Inc. 22.94 20.88 2.06 9.9% -12.2%
Sonicport Inc. 0.59 0.54 0.05 9.3% -66.3%
YTD
Company % Chg.
Turbodyne Technologies Inc. 150.0%
Hawker Pacific Aerospace 19.2%
Edison International -10.0%
99 Cents Only Stores 82.2%
Careside Inc. 73.8%
K-Swiss Inc. 10.5%
Hemacare Corp. 110.0%
Electronic Clearing House 44.9%
Tetra Tech Inc. -28.0%
Sonicport Inc. -41.0%
WEEKLY TOP LOSERS
TOP TEN LOSERS BY PERCENTAGE
July 11 July 5 Point 1-Wk 52-Wk
Company Close Close Change % Chg. % Chg.
Franklin Telecommunications $0.05 $0.08 -$0.03 -37.5% -94.7%
Sorrento Networks Corp. 7.28 10.90 -3.62 -33.2% 90.0%
Tekelec 18.05 26.35 -8.30 -31.5% -60.5%
Guitar Center Inc. 14.90 21.28 -6.38 -30.0% 12.5%
Ixia 10.20 13.90 -3.70 -26.6% NA
Peerless Systems Corp. 1.35 1.77 -0.42 -23.7% -34.5%
Ticketmaster 11.43 14.81 -3.38 -22.8% -28.6%
Luminent Inc. 3.07 3.88 -0.81 -20.9% NA
United Leisure Corp. 0.65 0.82 -0.17 -20.7% -93.4%
3D Systems Corp. 13.47 16.40 -2.93 -17.9% -30.9%
YTD
Company % Chg.
Franklin Telecommunications -88.6%
Sorrento Networks Corp. -54.7%
Tekelec -39.8%
Guitar Center Inc. 31.0%
Ixia -55.4%
Peerless Systems Corp. 39.4%
Ticketmaster 36.5%
Luminent Inc. -49.0%
United Leisure Corp. -69.4%
3D Systems corp. 11.1%
MARKET SUMMARY
MOST ACTIVE STOCKS
TOP TEN STOCKS VOLUME
Amgen Inc 45,305,900
Disney (Walt) Co. 23,728,400
Gemstar-TV Guide International Inc. 20,654,000
Hughes Electronics Corp. 12,036,300
Edison International 10,233,000
Capstone Turbine Corp. 9,712,300
eConnect 8,646,500
Homestore.com Inc. 8,456,800
International Rectifier Corp. 8,371,300
Tekelec 6,306,500
WEEKLY SUMMARY
Advances 57
Declines 135
Unchanged 8
New Highs 9
New Lows 9
NOTES ON STOCK TABLES
Tables based on July 5-11, 2001
(H)stock hit new 52 week high;
(L)stock hit new 52 week low;
(S)stock split during week.
WEEKLY PROFILE MSC SOFTWARE MSC Software, founded as MacNeal-Schwendler Corporation by Richard MacNeal and Robert Schwendler, is an engineering-software company. The company developed its first program called SADSAM Symbol: MNS MNS Minutes MNS Maharashtra Navnirman Sena MNS Malaysian Nature Society MNS Mass Notification System MNS Mirror Neuron System MNS Metis Nation of Saskatchewan MNS mission needs statement (US DoD) MNS Maître Nageur Sauveteur Exchange: NYSE NYSE See: New York Stock Exchange Close: 17.10 1-WK % Chg: -8.3% Business Overview MSC (1) (MSC.Software Corporation, Santa Ana, CA, www.mscsoftware.com) Founded in 1963 by Richard H. MacNeal and Robert G. Schwendler, MSC is the world's largest provider of mechanical computer aided engineering (MCAE) strategies, simulation software and services. .Software (formerly MacNeal-Schwendler See MSC. ) is engaged in the development, marketing, and support of simulation software Simulation software is based on the process of imitating a real phenomenon with a set of mathematical formulas. It is, essentially, a program that allows the user to observe an operation through simulation without actually running the program. to optimize optimize - optimisation product design and quality, reduce design costs and time to market, and minimize physical testing of products. The company also provides a broad range of strategic engineering software consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" to improve the integration and performance of its customers simulation technologies. Industries served by the company include aerospace, automotive, off-road vehicles off-road vehicle off n → véhicule m tout-terrain , machinery, electronics, consumer products, shipbuilding and railroad railroad or railway, form of transportation most commonly consisting of steel rails, called tracks, on which freight cars, passenger cars, and other rolling stock are drawn by one locomotive or more. . MSC.Software recently agreed to acquire Advanced Enterprise Solutions, Inc., a systems software and integrator (1) In electronics, a device that combines an input with a variable, such as time, and provides an analog output; for example, a watt-hour meter. (2) See systems integrator. , and signed a strategic alliance with with Dassault Systemes Dassault Systemes (Dassault Systèmes S.A.) (Pronounced - Dasoh) (NASDAQ: DASTY; Euronext: 13065) is a leading company specializing in 3D and PLM (Product Lifecycle Management) software. S.A. pursuant to which MSC.Software will develop its next generation of simulation software using Dassault Systems' Version 5 Architecture. Income Statement LTM * 2000 Summary Revenue (millions) $183.3 $178.0 Hqtrs: Los Angeles, CA Gross Profit (millions) 137.6 133.2 CEO: Frank Pema, Jr. Operating Income (millions) 23.9 23.1 Market Cap: $246.29 Net Income (millions) 11.5 11.1 Dividend Yield: N/A Earnings Per Share $0.82 $0.79 P/E Ratio: 22.8 (*)Latest Twelve Months Ended March 31, 2001 [Graph omitted] [Graph omitted] |
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