The LABJ stock index: Tracking 200 selected Los Angeles county-based companies. (Investments & Finance).MARKET DIARY Cheered by rapid gains by anti-Taliban forces in Afghanistan Afghanistan (ăfgăn`ĭstăn', ăfgän'ĭstän`), officially Islamic Republic of Afghanistan, republic (2005 est. pop. 29,929,000), 249,999 sq mi (647,497 sq km), S central Asia. and a strong retail sales report for October October: see month. , the LABJ LABJ Los Angeles Business Journal 200 Index, along with broader market indicators, continued pointing toward a recovery. 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 led the way with a 3.6 percent gain for the week through Nov. 14, but is still down 23 percent for the year. In the past month, Nasdaq has reduced its loss for the year by 10 percentage points. The 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. rose 2.8 percent, and is now off only 8.9 percent for the year. The LABJ 200, after picking up 1.2 percentage points, is down 15.1 percent for the year. One month ago, the LABJ 200 was down 18.2 percent on the year. Among 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. companies, 114 advanced during the week while 80 declined. Six stocks hit new 52-week highs. Among the gainers were Unova Inc., picking up 90 cents, or 25.7 percent $4.40, and Sorrento Sorrento (sōr-rān`tō), town (1991 pop. 16,459), Campania, S Italy, on the Sorrento Peninsula, which separates the Bay of Naples from the Gulf of Salerno. Beautifully situated, it is a tourist center and a summer resort. Networks Corp., logging a 31.1 percent gain, to close at $4.76. Laser-Pacific Media Corp. topped the list of weekly decliners with "less than robust " quarterly results. Its shares lost 45.2 percent of their value, to $2.72. Health Net Inc., the big HMO HMO health maintenance organization. HMO n. A corporation that is financed by insurance premiums and has member physicians and professional staff who provide curative and preventive medicine within certain financial, , fell 14.1 percent to $19.95 on a 95 percent decline in third quarter net income. [Graph omitted]
MARKET INDEXES
Nov. 14 Nov. 7 Point 1-Wk 52-Wk YTD
Index Close Close Change % Chg. % Chg. % Chg.
Dow Jones Industrial 9823.61 9554.37 269.24 2.8% -8.3% -8.9%
NASDAQ 1903.19 1837.53 65.66 3.6% -39.9% -23.0%
S&P 500 1141.21 1115.80 25.41 2.3% -17.9% -13.6%
LABJ 200 75.52 74.59 0.93 1.2% -19.1% -15.1%
INDUSTRY ANALYSIS
Nov. 14 Nov. 7 Point 1-Wk 52-Wk
Index Close Close Change % Chg. % Chg.
AEROSPACE/DEFENSE 132.73 139.10 -6.37 -4.6% 30.5%
APPAREL 112.26 105.98 6.29 5.9% 18.8%
AUTOMOTIVE/PLASTICS/METALS 125.48 120.98 4.50 3.7% 22.5%
BIOMEDICAL & PHARMACEUTICAL 94.22 98.79 -4.57 -4.6% 19.9%
COMMUNICATIONS 34.79 34.01 0.77 2.3% -62.3%
COMPUTERS/PERIPHERALS/ 41.26 37.97 3.29 8.7% -40.5%
ELECTRONICS
CONSTRUCTION/ENGINEERING 139.00 134.47 4.53 3.4% 37.8%
ENERGY/UTILITIES 79.36 80.28 -0.92 -1.1% 48.7%
FINANCIAL SERVICES 123.86 124.86 -1.00 -0.8% 23.0%
HEALTH CARE 111.15 113.63 -2.48 -2.2% 10.0%
INSURANCE 112.19 110.27 1.91 1.7% 7.7%
INTERNET 56.65 54.32 2.33 4.3% 29.7%
MEDIA/LEISURE/ENTERTAINMENT 59.48 56.17 3.31 5.9% -30.5%
MISC. MANUFACTURING 128.39 118.50 9.88 8.3% 23.2%
MISC. SERVICES 73.09 70.37 2.73 3.9% -33.5%
REAL ESTATE 123.43 120.85 2.58 2.1% 25.4%
RESTAURANTS/RETAIL/GROCERY 132.62 128.08 4.55 3.5% 27.9%
STORES
SOFTWARE 149.75 146.25 3.50 2.4% 53.7%
YTD
Index % Chg.
AEROSPACE/DEFENSE 17.3%
APPAREL 22.3%
AUTOMOTIVE/PLASTICS/METALS 28.3%
BIOMEDICAL & PHARMACEUTICAL -8.6%
COMMUNICATIONS -50.4%
COMPUTERS/PERIPHERALS/ -39.5%
ELECTRONICS
CONSTRUCTION/ENGINEERING 29.2%
ENERGY/UTILITIES -13.0%
FINANCIAL SERVICES -1.6%
HEALTH CARE -0.7%
INSURANCE 6.8%
INTERNET -4.8%
MEDIA/LEISURE/ENTERTAINMENT -26.6%
MISC. MANUFACTURING 16.6%
MISC. SERVICES -24.3%
REAL ESTATE 16.9%
RESTAURANTS/RETAIL/GROCERY 34.4%
STORES
SOFTWARE 87.8%
WEEKLY TOP GAINERS
TOP TEN GAINERS BY PERCENTAGE
Nov. 14 Nov. 7 Point 1-Wk 52-Wk
Company Close Close Change % Chg. % Chg.
Imperial Credit Industries $0.58 $0.28 0.30 107.1% -47.0%
United Leisure Corp. 0.59 0.35 0.24 68.6% -85.3%
Accelerated Networks Inc. 0.48 0.32 0.16 50.2% -95.8%
Quentra Networks Inc. 0.00 0.00 0.00 33.3% -99.9%
Sorrento Networks Corp. 4.76 3.63 1.13 31.1% -83.2%
Enova Systems Inc. 0.227 0.18 0.05 26.1% -27.9%
Unova Inc. 4.4 3.5 0.90 25.7% -0.8%
Point.360 0.70 0.56 0.14 25.0% -84.2%
Merisel Inc. 2.46 1.99 0.47 23.7% -47.5%
Team Communications Group 0.21 0.17 0.04 23.5% -95.8%
YTD
Company % Chg.
Imperial Credit Industries 23.7%
United Leisure Corp. -72.2%
Accelerated Networks Inc. -82.7%
Quentra Networks Inc. -90.0%
Sorrento Networks Corp. -70.4%
Enova Systems Inc. 33.5%
Unova Inc. 21.4%
Point.360 -81.5%
Merisel Inc. 57.5%
Team Communications Group -92.5%
WEEKLY TOP LOSERS
TOP TEN LOSERS BY PERCENTAGE
Nov. 14 Nov. 7 Point 1-Wk 52-Wk
Company Close Close Change % Chg. % Chg.
Laser-Pacific Media Corp. $2.72 $4.96 -2.24 -45.2% 81.3%
NetCurrents Information 0.07 0.10 -0.03 -31.6% -93.3%
Services Inc.
Specialty Laboratories 22.26 28.95 -6.69 -23.1% NA
Diagnostic Products Corp. 38.25 48.76 -10.51 -21.6% 73.1%
Youbet.com Inc. 0.57 0.70 -0.13 -18.6% -62.0%
Omni Nutraceuticals Inc. 0.02 0.03 -0.01 -18.5% -98.3%
International Aircraft 1.71 2.02 -0.31 -15.3% -69.9%
Investors
Health Net Inc. 19.95 23.22 -3.27 -14.1% -1.2%
eConnect 0.03 0.03 0.00 -13.8% -98.0%
Styleclick Inc. 0.35 0.40 -0.05 -12.5% -94.3%
YTD
Company % Chg.
Laser-Pacific Media Corp. 81.3%
NetCurrents Information -79.2%
Services Inc.
Specialty Laboratories -32.8%
Diagnostic Products Corp. 40.0%
Youbet.com Inc. -41.2%
Omni Nutraceuticals Inc. -89.3%
International Aircraft -68.6%
Investors
Health Net Inc. -23.8%
eConnect -91.9%
Styleclick Inc. -83.0%
MARKET SUMMARY
MOST ACTIVE STOCKS
TOP TEN STOCKS VOLUME
Disney (Walt) Co. 62,422,700
Amgen Inc. 41,186,700
eConnect 26,285,200
Gemstar-TV Guide International Inc. 25,663,200
Hughes Electronics Corp. 15,134,300
THQ Inc. 11,136,500
Mattel Inc. 10,160,300
Homestore.com Inc. 9,547,300
Overture Services Inc. 9,533,500
Hilton Hotels Corp. 8,250,200
WEEKLY SUMMARY
Advances 114
Declines 80
Unchanged 6
New Highs 6
New Lows 4
NOTES ON STOCK TABLES
Tables based on Nov. 7-14, 2001
(H) Stock hit new 52 week high
(L) Stock hit new 52 week low
(S) Stock split during week
WEEKLY PROFILE AMERICAN STATES WATER CO. Symbol: AWR AWR Automatic Workload Repository (Oracle database) AWR Applied Wave Research (El Segundo, CA) AWR Adventist World Radio AWR Advanced Warranty Replacement AWR American Warmblood Registry Exchange: NYSE NYSE See: New York Stock Exchange Close: $34.25 1-WK % Chg: -0.1% Business Overview American States Water Co. (ASW ASW Antisubmarine Warfare ASW Approved Social Worker ASW Application Software ASW a Small World (online community) ASW Art Supply Warehouse ASW Artificial Sea Water ASW Australian Standard White (wheat) ) is a holding company that purchases, produces and sells water. Specifically, ASW serves approximately 1 out of 30 Californians as well as serves the city of Fountain Hills Fountain Hill may refer to:
SCW Syktyvkar (Russia) SCW Supercritical Water SCW Supercritical Water Oxidation SCW SEABEE Combat Warfare SCW Shibuya Custom Works (Western Arms Airsoft) SCW Sucking Chest Wound ), supplies water to more than 245,000 customers in 75 communities throughout Los Angeles and Orange counties. In addition, SCW distributes electricity to approximately 22,000 customers in the Big Bear recreational area of California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). and contracts with various municipalities in both California and Arizona Arizona (âr'əzō`nə), state in the southwestern United States. It is bordered by Utah (N), New Mexico (E), Mexico (S), and, across the Colorado R., Nevada and California (W). . ASW also owns two other subsidiaries: American States Utility Services, Inc. (ASUS ASUS Arts and Science Undergraduate Society (Queen's University) ASUS Air Support Squadron (USAF) ASUS Annual Support & Update Service ASUS Administrative Support/Utilization ) and Chaparral chaparral (chăpərăl`), type of plant community in which shrubs are dominant. It occurs usually in regions having from 10 to 20 in. (25–50 cm) of rainfall annually and with a Mediterranean-type climate. City Water Co. (CCWC CCWC Club Crew World Championships CCWC Certain Conventional Weapons Convention CCWC Castle Crown Wilderness Coalition (Alberta, Canada) CCWC Can't Cook Won't Cook CCWC Coffee Creek Watershed Conservancy ). ASUS contracts, leases, operates and maintains water and wastewater systems owned by others and provides related services such as billing and meter reading. CCWC is a public utility company serving approximately 11,000 customers in portions of Arizona. Income Statement LTM (*) 2000 Revenue (millions) $194.1 $184.0 EBITDA (millions) 53.3 47.6 Operating Income (millions) 36.4 32.3 Net Income (millions) 20.7 18.1 Diluted EPS $2.01 $1.91 (*)Latest twelve months ended Sept. 30, 2001; the company's fiscal year ends on Dec. 31. EPS = Earnings per share; EBITDA = Earnings before interest, taxes, depreciation and amortization. Summary Hqtrs: San Dimas President and 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. : Floyd E. Wicks Market Cap: $345.2 million Dividend Yield: 3.80% quarterly 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. : 16.96 Nov. 14, 2000 $32.13 Nov. 14, 2001 $34.24 Note: Table made from line graph [Graph omitted] |
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