Advertisement
 
YOU ARE HERE: LAT HomeCollectionsB Riley Co
IN THE NEWS

B Riley Co

BUSINESS
September 19, 2003 | Leslie Earnest, Times Staff Writer
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.
Advertisement
BUSINESS
May 30, 2012 | By Ryan Faughnder, Los Angeles Times
Teen clothing retailer Tilly's Inc. on Wednesday released its first earnings report since its initial public stock offering in May. The company, which makes surf- and skate-inspired ware, said it had a profit of $5.9 million, or 29 cents a share, for its fiscal first quarter ended April 28, an increase of 21% over the same period a year earlier. Tilly's had sales of $96.5 million, an increase of 16.1%. Comparable-store sales were up 4.3%. The company operates 145 stores, most of which are in California.
BUSINESS
July 15, 2005 | From Bloomberg News
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.
BUSINESS
June 13, 2003 | From Reuters
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.
BUSINESS
July 30, 1999 | LESLIE EARNEST, TIMES STAFF WRITER
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.
BUSINESS
February 17, 1999 | P.J. HUFFSTUTTER, TIMES STAFF WRITER
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.
BUSINESS
October 7, 2003 | Terril Yue Jones, Times Staff Writer
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.
BUSINESS
May 23, 2003 | Leslie Earnest, Times Staff Writer
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.
BUSINESS
October 30, 2002 | From Reuters
Musical instruments and products retailer Guitar Center Inc. on Tuesday posted sharply higher third-quarter net income, helped by cost containment and an increase in same-store sales, but the company's revenue increase was lower than expected. The Westlake Village-based company posted net income of $4.4 million, or 19 cents a share, compared with $1.4 million, or 6 cents, in the third quarter of 2001. Net sales rose 13% to $257.4 million.
BUSINESS
August 18, 2005 | David Colker, Times Staff Writer
Shares of teenage clothing retailer Hot Topic Inc. tumbled Wednesday after the company reported disappointing second-quarter results and warned that sales and earnings for the rest of the year would be below Wall Street's expectations. The City of Industry-based company saw its earnings drop 80% to $893,000, or 2 cents a share, down from a restated $4.5 million, or 9 cents, last year. Sales for the quarter that ended July 30 increased 12% to $152.2 million, up from $136.3 million.
Los Angeles Times Articles
|