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Business San Fernando Valley

CALIFORNIA | LOCAL
January 25, 2000
ACT Networks of Calabasas reported losses of $3.86 million for the second quarter ended Dec. 31, compared with a loss of $225,000 for the second quarter in 1998. Revenues were $9.8 million, down from $12.1 million. "We are clearly disappointed with our top-line growth," ACT President and Chief Executive Andre de Fusco said in a statement.
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CALIFORNIA | LOCAL
January 11, 2000 | BOB HOWARD, SPECIAL TO THE TIMES
They're not exactly "Pennies from Heaven," but penny stocks accounted for some of the fastest-rising prices among shares of San Fernando Valley-based public companies in 1999. Ranging from cutting-edge technology firms to mundane businesses such as restaurants and oil refiners, penny stock companies based in the Valley run the gamut from growing start-ups to long-established enterprises.
CALIFORNIA | LOCAL
December 21, 1999 | D.B. YOUNG, SPECIAL TO THE TIMES
The i's have been dotted, the t's crossed and the numbers crunched. Now, most of the San Fernando Valley's largest corporate citizens are spending the final weeks before Y2K reviewing their contingency plans and making sure all bases will be covered for the big rollover. Companies that process large volumes of information daily, such as banks and insurers, are gearing up for what they hope will be an uneventful New Year.
CALIFORNIA | LOCAL
November 19, 1999 | SOLOMON MOORE, TIMES STAFF WRITER
Cal State Northridge, which has embarked on an ambitious plan with Reseda Boulevard entrepreneurs to create one of the city's largest business improvement districts, hosted a first-ever citywide gathering for people planning similar districts to swap ideas.
CALIFORNIA | LOCAL
October 15, 1999 | JEFFREY GETTLEMAN, TIMES STAFF WRITER
Los Angeles city officials think it's high time to revise the rules for hanging banners from street poles. But in the San Fernando Valley, the idea of restrictions is angering a group of business leaders. A year ago, the Economic Alliance of the San Fernando Valley unfurled 600 star-spangled, black-and-blue banners to raise money for the nonprofit alliance and foster Valley pride.
CALIFORNIA | LOCAL
September 28, 1999 | BOB HOWARD, SPECIAL TO THE TIMES
As retailers head into what is traditionally their busiest time of year, San Fernando Valley shoppers won't only be heading for the malls. They'll also be heading for a proliferation of big-box stores like Wal-Mart and Costco, out-sized specialty retailers like Sport Chalet, and so-called "power centers" that include collections of both. While hardly any new regional malls have been built in recent years, free-standing big-box stores and power centers have been popping up all over the Valley.
CALIFORNIA | LOCAL
August 3, 1999 | KAREN ROBINSON-JACOBS
These days, many San Fernando Valley merchants who make their living selling something old are keeping a watchful eye on something new--mindful that business lost to cyberspace may make them somewhat blue. Antiques dealing was one area of retailing considered fairly cyber-proof because of the thrill of the hunt and the need to inspect. But it is now joining the rest of the retail world in forming a sort of love-hate relationship with The Web.
CALIFORNIA | LOCAL
June 15, 1999 | KAREN ROBINSON-JACOBS
A waste of money. That's what Sohail Merchant's dad thought a year ago when Sohail, an accountant quite familiar with cash flow concepts, suggested his parents launch a World Wide Web site to boost business at their then 2-year-old luggage store, the Luggage Merchant of Encino. A one-man operation, the store had been doing so-so. Sohail thought it might be nice to get the word out to shoppers in the San Fernando Valley.
CALIFORNIA | LOCAL
June 1, 1999 | KAREN ROBINSON-JACOBS
OK, spin doctors, start your engines. Something is going on at the Valley Economic Development Center, the respected Van Nuys-based nonprofit agency that offers loans and management-counseling services to small businesses in the San Fernando Valley. You can tell by all of the scrambling and muted conversations that have been taking place there over the last two weeks.
CALIFORNIA | LOCAL
May 4, 1999 | KAREN ROBINSON-JACOBS
OK, you house-bound parents, you gotta get out more. And a number of Valley businesses are making jaunts with junior much easier. Here are a few examples, although the list is far from comprehensive. Grocery shopping: Most of the major chains, including Ralphs, Vons and Albertson's, offer child-size shopping carts at some of their Valley locations that can turn a trip to the market into play time for your youngster. If your regular store doesn't have them, call another--or a competitor--nearby.
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