October 9, 1990 |
The Federal Trade Commission said today it has authorized its staff to seek a preliminary injunction to block a proposed joint venture between two large Southern California telescope makers. The FTC said it believes the proposed joint venture--between Meade Instruments Corp. of Costa Mesa and Celestron International of Torrance--"would create a virtual monopoly" in the manufacture and sale of mid-sized Schmidt-Cassegrain telescopes.
November 20, 1990 |
Saturn has apparently "burped" a gigantic storm that spewed a cloud of ammonia gas crystals that has encircled nearly the entire mammoth planet, scientists said today. The unusual storm was first spotted in September by amateur astronomers, prompting excited scientists to persuade NASA to allow them to use the Hubble Space Telescope to photograph the area in detail earlier this month.
CALIFORNIA | LOCAL
August 2, 1994
A Los Angeles-area high school student placed fourth in the Astronomical League's second annual National Outstanding Young Astronomer Award competition, it was announced Monday. Charles Jason (Chuck) Foster, 15, of Northridge, attends Chaminade College Preparatory School in West Hills. He performed research into the "necroovoviviparity"--or egg survivability--of brine shrimp under conditions approximating conditions in the solar system, Astronomical League President James Fox said.
April 10, 1997 |
Meade Instruments Corp. shares rose 5% on their first day of trading. Shares in the maker of telescopes and astronomy equipment, which initially had been priced at $7, rose 37.5 cents to $7.375 as 899,100 shares changed hands. Meade said the initial public offering, which was priced below the anticipated range of $8 to $10 per share, is expected to generate $15.6 million, which it will use to repay debt and redeem outstanding preferred stock. The company issued 3.4 million shares.
CALIFORNIA | LOCAL
August 26, 2003 |
Tonight, Mars will be closer to Earth than it has been for nearly 60,000 years, providing an excellent opportunity for viewing. Right now, the Red Planet is unmistakable. It is the brightest object in the sky other than the moon. Mars rises at about 9 p.m. low in the southeast, is visible in the southern sky near midnight and is low in the southwest sky before dawn. The planet's details, including its polar caps, are visible only through a telescope.
July 2, 2013 |
Light from the supernova 2013df has traveled more than 60 million light-years to finally be detectable from Earth, and today you have a chance to see it for yourself. At 4 p.m. PDT, sky watchers around the world can watch a live video feed of the supernova broadcast from a telescope in the Cayman Islands. The video comes courtesy of the online sky-watching site Slooh.com. A type II supernova occurs when a star more than 10 times more massive than our sun runs out of nuclear fuel and collapses in on itself.
June 29, 1999 |
Meade Instruments Corp. said that its top two executives will began selling off their stock in the publicly traded company in a series of quarterly transactions beginning next month. John C. Diebel, chairman of the board and chief executive of the Irvine-based Meade, which makes telescopes, intends to sell 25,000 shares each quarter, and Steven G. Murdock, president and chief operating officer, plans to sell 15,000 shares per quarter. Meade's stock hit an all-time high of $17.
CALIFORNIA | LOCAL
December 28, 1986 |
Researchers at the University of California, Berkeley, have found a "Christmas Supernova," an exploding star in a galaxy millions of light years away in the constellation Eridanus. Supernovae are the violent, final explosions of large stars whose centers collapse as stores of hydrogen fuel are exhausted. Remaining helium and other atoms fuse to form heavy elements and release gravitational and nuclear energy, blowing most of the star apart.