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BRIEFLY

July 09, 1987

Lear Siegler Holdings Corp. will move the headquarters of its automotive parts supplier group to Southfield, Mich., from Santa Monica, in spring, 1988, adding 150 jobs . . . Argo Petroleum Corp., Santa Monica, said its reorganization plan, filed in April, has been confirmed by the Bankruptcy Court . . . Federated Group, the troubled home entertainment and consumer electronics retailer, said sales for the five weeks ended July 5 declined 17% to $33.2 million from the same period last year, when the company offered a special sales campaign.

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