September 4, 2012 |
"The Transformers," "Hunger Games," "The Avengers" and "Paranormal Activity" are headed to Amazon.com. Pay cable channel Epix has signed a digital distribution deal with the online retail giant, ending speculation that it might continue its current exclusive arrangement with Netflix. Under the partnership that launched Tuesday, new movies from Paramount Pictures, Lionsgate and Metro-Goldwyn-Mayer will be available to consumers who subscribe to Amazon Prime, which provides unlimited two-day shipping for products and streaming of 25,000 movies and television episodes on digital devices.
December 1, 2013 |
A good pair of jeans lasts a long time - sometimes longer than the companies that make them. That's what makes the longevity of Guess Inc. a bit of an anomaly. Founded in 1981, the Los Angeles fashion company is in its fourth decade, largely because it moved beyond the jeans that were fashionable in the 1980s and 1990s. The company sells skirts, dresses, shorts, shirts, jackets, knitwear and intimate apparel. It also licenses eyewear, watches, handbags, footwear, jewelry and other fashion accessories.
September 19, 2003 |
Investors boosted Vans Inc.'s stock 22% on Thursday after the company offered an upbeat earnings estimate for its core business of selling footwear and apparel geared toward skateboarding and related sports. The company, based in Santa Fe Springs, said income from continuing operations in its fiscal first quarter ended Aug. 30 should be 73 cents to 76 cents a share for its base business, which excludes skate parks that are expected to be closed.
July 22, 2013 |
Carmike Cinemas, Inc., the country's fourth largest theater chain, said it would issue 4.5 million shares of its common stock as part of a plan to expand nationwide. In addition, Carmike expects to grant the underwriters a 30-day option to purchase up to an additional 675,000 shares of common stock. Carmike said it will use the proceeds from the offering for various uses, including funding potential acquisitions at a time when the U.S. exhibition industry is consolidating. PHOTOS: Celebrities by The Times Earlier this year, Regal Entertainment Group, the nation's largest theater circuit, scooped up Hollywood Theaters, a Portland, Ore., chain that operates 43 theaters in 16 states, for $191 million in cash and about $47 million of assumed lease obligations.
July 15, 2005 |
Rambus Inc. said second-quarter profit fell 36% because of higher legal costs racked up as the memory chip designer sued rivals to protect its patents. Net income fell to $5.36 million, or 5 cents a share, from $8.32 million, or 8 cents, a year earlier. Sales jumped 14% to $40 million. Los Altos, Calif.-based Rambus sued Samsung Electronics Co. for alleged license infringement June 6, adding a new case to legal battles with Hynix Semiconductor Inc. and Micron Technology Inc.
June 13, 2003 |
Network equipment maker 3Com Corp. said Thursday that it would cut 10% of its workforce, about 390 jobs, over the next six months to reduce costs amid weak demand for its products. 3Com said the decision would affect mostly employees in the United States and Europe. Within the United States, the deepest cuts will be in the company's Santa Clara, Calif., headquarters. 3Com employed 3,900 people at the end of its fiscal third quarter, which ended in February. Shares rose 5 cents to $5.
July 30, 1999 |
Mossimo Inc. reported its first quarterly operating profit in two years Thursday, as sales from ongoing operations rose 22%. Factoring in a one-time charge of $6.1 million, the Irvine-based clothing designer remained in the red. But Mossimo's improving numbers indicate that its internal reorganization is paying off, according to Chief Executive Edwin Lewis.
February 17, 1999 |
In a deal that could help Interplay Entertainment bolster its operations and return to profitability, the struggling Irvine-based developer of video games said Tuesday that it has acquired a 49.9% stake in British competitor Virgin Publishing. Financial terms were not disclosed, but the transaction involves only a "minimal" amount of cash, said Brian Fargo, Interplay's chief executive.
October 7, 2003 |
The Supreme Court on Monday cleared the way for Rambus Inc., a maker of computer chip interface technology, to proceed with its patent-infringement lawsuit against Infineon Technologies and take its case to a jury. The justices rejected Infineon's bid to end the suit and reinstate a jury finding that Rambus committed fraud while pursuing patents for high-speed chips that became an industry standard. Los Altos, Calif.
May 23, 2003 |
Wet Seal Inc., which sells trendy clothes to girls and women, continued Thursday to pile up losses in the first quarter as comparable-store sales slumped almost 26% compared with the previous year. But the company's stock price jumped 15% as investors focused on the positive as some analysts said the retailer finally could be gaining traction as it tries to turn its business around. Shares closed at $10.05, up $1.32, on Nasdaq. The Foothill Ranch-based company lost $8.