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 Los Angeles companies rode the generally rising tide Noun 1. rising tide - the occurrence of incoming water (between a low tide and the following high tide); "a tide in the affairs of men which, taken at the flood, leads on to fortune" -Shakespeare flood tide, flood of stock market prices last week, as the LABJ LABJ Los Angeles Business Journal 200 Stock Index gained nearly 4 percent. In a week that saw interest rates slashed slash v. slashed, slash·ing, slash·es v.tr. 1. To cut or form by cutting with forceful sweeping strokes: slash a path through the underbrush. 2. for the 10th time this year, all the major indexes recorded substantial gains. The blue-chip Dow Jones Industrial Average Dow Jones Industrial Average The best known U.S. index of stocks. A price-weighted average of 30 actively traded blue-chip stocks, primarily industrials including stocks that trade on the New York Stock Exchange. gained 5.3 percent for the week, matching the performance of the broader S&P 500. The Nasdaq composite index Nasdaq Composite Index An index that indicates price movements of securities in the over-the-counter market. It includes all domestic common stocks in the Nasdaq System (approximately 5,000 stocks) and is weighted according to the market value of each listed , in keeping with its outsized out·size n. 1. An unusual size, especially a very large size. 2. A garment of unusual size. adj. also out·sized Unusually large, weighty, or extensive. Adj. 1. fluctuation Fluctuation A price or interest rate change. this year, surged a whopping 8.7 percent. Year-to-date Year-to-date (YTD) The period beginning at the start of the calendar year up to the current date. , however, Nasdaq is still off by 46 percent, nearly doubling the decline of the LABJ 200. Among L.A. industry groupings, the computer sector made up some ground lost earlier this year, gaining 9.3 percent. It is still down 58 percent year-to-date. Construction and engineering companies rose 9.5 percent, with KB Home, Ryland Group Inc. and Jacobs Engineering Group Jacobs Engineering Group Inc. (NYSE: JEC), a publicly traded company with annual revenues approaching $7 billion, provides professional technical services. Headquartered in Pasadena, CA, Jacobs offers support to industrial, commercial, and government clients across multiple Inc. all showing continued strength amid interest rates that are now at 40-year lows. Miscellaneous services, a grab bag grab bag n. 1. A container filled with articles, such as party gifts, to be drawn unseen. 2. Slang A miscellaneous collection: The meeting evolved into a grab bag of petty complaints. that includes Hilton Hotels
(2) To compress data. See data compression. 1. (jargon) crunch - To process, usually in a time-consuming or complicated way. .
MARKET INDEXES
Nov. 7 Oct. 3 Point 1-Wk
Index Close Close Change % Chg.
Dow Jones Industrial 9554.37 9075.14 479.23 5.3%
NASDAQ 1837.53 1690.20 147.33 8.7%
S&P 500 1115.80 1059.78 56.02 5.3%
LABJ 200 74.59 72.00 2.59 3.6%
52-Wk YTD
Index % Chg. % Chg.
Dow Jones Industrial -11.4% -12.8%
NASDAQ -25.6% -46.2%
S&P 500 -15.5% -22.1%
LABJ 200 -16.1% -25.4%
INDUSTRY ANALYSIS
Nov. 7 Oct. 3 Point 1-Wk
Index Close Close Change % Chg.
AEROSPACE/DEFENSE 139.10 143.52 -4.42 -3.1%
APPAREL 105.98 105.82 0.15 0.1%
AUTOMOTIVE/PLASTICS/METALS 120.98 115.87 5.11 4.4%
BIOMEDICAL & PHARMACEUTICAL 98.79 93.65 5.14 5.5%
COMMUNICATIONS 34.01 33.03 0.98 3.0%
COMPUTERS/PERIPHERALS/ELECTRONICS 37.97 35.06 2.90 8.3%
CONSTRUCTION/ENGINEERING 134.47 122.79 11.68 9.5%
ENERGY/UTILITIES 80.28 79.83 0.45 0.6%
FINANCIAL SERVICES 124.86 115.97 8.89 7.7%
HEALTH CARE 113.63 110.04 3.59 3.3%
INSURANCE 110.27 111.64 -1.36 -1.2%
INTERNET 54.32 55.95 -1.63 -2.9%
MEDIA/LEISURE/ENTERTAINMENT 56.17 55.44 0.72 1.3%
MISC. MANUFACTURING 118.50 115.72 2.79 2.4%
MISC. SERVICES 70.37 62.45 7.92 12.7%
REAL ESTATE 120.85 118.36 2.49 2.1%
RESTAURANTS/RETAIL/GROCERY STORES 128.08 127.50 0.57 0.5%
SOFTWARE 146.25 131.46 14.79 11.2%
52-Wk YTD
Index % Chg. % Chg.
AEROSPACE/DEFENSE 22.9% 40.0%
APPAREL 15.5% 6.0%
AUTOMOTIVE/PLASTICS/METALS 23.7% 19.7%
BIOMEDICAL & PHARMACEUTICAL -4.2% 19.5%
COMMUNICATIONS -51.5% -64.1%
COMPUTERS/PERIPHERALS/ELECTRONICS -44.3% -58.6%
CONSTRUCTION/ENGINEERING 25.0% 28.8%
ENERGY/UTILITIES -12.0% 43.9%
FINANCIAL SERVICES -0.8% 22.3%
HEALTH CARE 1.5% 16.1%
INSURANCE 4.9% 10.5%
INTERNET -8.7% 15.6%
MEDIA/LEISURE/ENTERTAINMENT -30.7% -44.1%
MISC. MANUFACTURING 7.6% 16.2%
MISC. SERVICES -27.2% -35.0%
REAL ESTATE 14.5% 21.9%
RESTAURANTS/RETAIL/GROCERY STORES 29.8% 19.7%
SOFTWARE 83.4% 45.9%
WEEKLY TOP GAINERS
TOP TEN GAINERS BY PERCENTAGE
Nov. 7 Oct. 3 Point 1-Wk
Index Close Close Change % Chg.
j2 Global Communications Inc $4.45 $3.16 1.29 40.8%
Vertel Corp. 0.90 0.71 0.19 26.8%
EN Pointe Technologies Inc. 1.71 1.35 0.36 26.7%
Brilliant Digital Entmnt Inc. 0.40 0.32 0.08 25.0%
Computer Sciences Corp 43.85 35.91 7.94 22.1%
Herbalife International Inc 13.51 11.14 2.37 21.3%
Primedex Health Systems Inc 1.15 0.95 0.20 21.1%
Ixia 11.95 10.05 1.90 18.9%
Seebeyond Technology Corp 5.65 4.88 0.77 15.8%
Countrywide Credit Ind Inc. 46.16 39.93 6.23 15.6%
WEEKLY TOP LOSERS
52-Wk YTD
Index % Chg. % Chg.
j2 Global Communications Inc 18.7% 295.6%
Vertel Corp. -83.8% -61.6%
EN Pointe Technologies Inc. -74.2% -45.3%
Brilliant Digital Entmnt Inc. -80.6% -41.8%
Computer Sciences Corp -39.7% -27.1%
Herbalife International Inc 65.6% 77.2%
Primedex Health Systems Inc 180.5% 271.0%
Ixia -55.7% 47.8%
Seebeyond Technology Corp -65.8% -44.9%
Countrywide Credit Ind Inc. 19.3% -8.1%
WEEKLY TOP LOSERS
TOP TEN LOSERS BY PERCENTAGE
Nov. 7 Oct. 3 Point 1-Wk
Index Close Close Change % Chg.
Homestore.com Inc. $3.42 $5.14 -1.72 -33.5%
Amwest Insurance Group Inc 0.02 0.03 -0.01 -33.3%
Team Communications Group Inc. 0.17 0.25 -0.08 -32.0%
eConnect 0.03 0.04 -0.01 -31.0%
Imperial Credit Industries 0.28 0.35 -0.07 -20.0%
Infonet Seivices Corp 1.69 2.10 -0.41 -19.5%
WestminsterCapital Inc. 2.33 2.89 -0.56 -19.4%
Franklin Telecommunications 0.05 0.06 -0.01 -16.7%
Netgateway Inc 0.36 0.43 -0.07 -16.3%
Turbodyne Technologies Inc. 0.21 0.25 -0.04 -16.0%
52-Wk YTD
Index % Chg. % Chg.
Homestore.com Inc. -91.0% -83.0%
Amwest Insurance Group Inc -99.6% -98.5%
Team Communications Group Inc. -96.6% -94.0%
eConnect -97.3% -90.6%
Imperial Credit Industries -74.4% -40.3%
Infonet Seivices Corp -73.5% -66.2%
WestminsterCapital Inc. 9.6% 13.0%
Franklin Telecommunications -93.3% -88.6%
Netgateway Inc -45.1% 130.4%
Turbodyne Technologies Inc. -16.0% 110.0%
WEEKLY PROFILE COASTCAST CORP. Symbol: PAR Exchange: NYSE NYSE See: New York Stock Exchange Close: $4.80 1-WK % Chg: 6.7% Business Overview Coastcast makes investment-cast titanium titanium (tītā`nēəm, tĭ–) [from Titan], metallic chemical element; symbol Ti; at. no. 22; at. wt. 47.88; m.p. 1,675°C;; b.p. 3,260°C;; sp. gr. 4.54 at 20°C;; valence +2, +3, or +4. and stainless steel stainless steel: see steel. stainless steel Any of a family of alloy steels usually containing 10–30% chromium. The presence of chromium, together with low carbon content, gives remarkable resistance to corrosion and heat. golf clubheads that are used in metal woods, irons and putters made by leading golf club manufacturers. Noting the popularity of golf clubs with titanium alloy Titanium alloys are metallic materials which contain a mixture of titanium and other chemical elements. Such alloys have very high tensile strength and toughness (even at extreme temperatures), light weight, extraordinary corrosion resistance, and ability to withstand extreme heads, the company began manufacturing and shipping these clubheads at the end of 1995. Today, titanium clubheads account for approximately 45% of the company's sales. Coastcast's products are generally used in golf clubs by manufacturers such as Callaway, Titleist, Cleveland, Cobra, Ping and Wilson. The company also makes investment-cast orthopedic orthopedic /or·tho·pe·dic/ (-pe´dik) pertaining to the correction of deformities of the musculoskeletal system; pertaining to orthopedics. implants and surgical tools used primarily for hip and knee joint replacements in humans and small animals, and other specialty products. Income Statement LTM [*] 2000 Revenue (million) $115.6 $141.4 Gross Profit (million) 5.3 18.6 Operating Income (million) (1.0) 12.0 Net Income (million) 0.2 8.7 Earnings Per Share $0.04 $1.12 (*)Latest twelve months ended June 30, 2001 Summary Hqtrs: Rancho ran·cho n. pl. ran·chos Southwestern U.S. 1. A hut or group of huts for housing ranch workers. 2. A ranch. Dominguez CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. : Hans H. Buehler Market Cap: $36.7 million Dividend Yield: N/A P/E Ratio P/E ratio Current stock price divided by trailing annual earnings per share or expected annual earnings per share. Assume XYZ Co. sells for $25.50 per share and has earned $2.55 per share this year; $25.50 = 10 times $2.55. XYZ stock sells for ten times earnings. : 120.0 [Graph omitted] [Graph omitted] |
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