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CALIFORNIA | LOCAL
October 3, 2000 | ANDREW BLANKSTEIN, TIMES STAFF WRITER
In a performance worthy of a "Behind the Music" profile on VH-1, Guitar Center stock posted a strong comeback in the third quarter to finish as one of the biggest gainers among San Fernando Valley-based public companies. The company's stock, which sank to a 52-week low of $7.88 in November, closed Friday at $12.31--up 17.26% for the quarter and 30.46% over 12 months. The increase came even as shares in many retailing firms were pummeled by rising interest rates and higher energy costs.
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CALIFORNIA | LOCAL
October 3, 2000
* Valley Todeco Inc. of Sylmar won a $218,337 contract from the U.S. Air Force at Tinker Air Force Base, Okla., for bolts. * Mason Electric Co. of San Fernando won a $205,884 contract from the U.S. Army at Redstone Arsenal, Ala., for grip assemblies. It also won a second contract of $105,156 from the Army at Redstone Arsenal for grip assemblies. * Flite Chemical Co.
CALIFORNIA | LOCAL
July 11, 2000 | KAREN ROBINSON-JACOBS
When the spotlight is off the star performer, it's easier to see the other hoofers dancing their hearts out, way back in the chorus line. The same can be said for several San Fernando Valley area publicly traded companies in the wake of the recent tech wreck that took some of the dazzle away from the technology sector stars. For the quarter that ended June 30, tech-related companies had to share center stage with firms in bread-and-butter industries like health care and banking.
CALIFORNIA | LOCAL
July 4, 2000 | CHRISTOPHER WOODARD, TIMES STAFF WRITER
Buying an American flag for today's Fourth of July holiday is easily accomplished at any local discount or dry-goods store, but to San Fernando Valley flag dealers, there's something unsavory about those $9.95 models. For starters, they're made of cheap material and tend to wear out quickly. Worse yet, at least from the dealers' point of view, they're made in Taiwan--not the good ol' U.S. of A.
CALIFORNIA | LOCAL
July 1, 2000 | KAREN ROBINSON-JACOBS, TIMES STAFF WRITER
Entrepreneurs behind a Chatsworth-based company that markets radioactive products used for cancer treatment and a La Crescenta storage container company were among five San Fernando Valley area business people named this week as Los Angeles Entrepreneurs of the Year by accounting giant Ernst & Young. The winners--including L. Michael Cutrer, president and chief executive of North American Scientific Inc., and Ronald F. Valenta, president of Mobile Storage Group Inc.
CALIFORNIA | LOCAL
June 2, 2000 | GREG RISLING
A Valley business advocacy organization endorsed two state bills Thursday that may streamline the planning process for secession here. The Valley Industry and Commerce Assn., or VICA, hasn't taken a formal position on the possibility of municipal incorporation of the Valley. However, the group does support the gathering of information to determine whether separating the Valley from the city of Los Angeles would benefit businesses and residents alike.
CALIFORNIA | LOCAL
May 2, 2000 | CONSTANCE SOMMER, SPECIAL TO THE TIMES
In an office on the fourth floor of the Van Nuys municipal building, R. Vance Baugham spends each Tuesday trying to jump-start international trade. The manager of the San Fernando Valley trade office is holding seminars. He's attending meetings. He's planning publicity mailings. He says he's running at full speed all over the Valley, trying to help local businesses navigate the intricacies of overseas trade. But it's hard to spread the word one day a week.
CALIFORNIA | LOCAL
May 2, 2000 | BOB HOWARD, SPECIAL TO THE TIMES
Long before most of the business world and business press began discussing the globalization of the economy, the San Fernando Valley had an international trade organization. The group is Valley International Trade Assn. (www.vita-trade.org), and its volunteer president is Martin Gopelt, a business development officer in the international department of Comerica Bank.
CALIFORNIA | LOCAL
April 4, 2000 | KAREN ROBINSON-JACOBS
It was the perfect alignment of the planets for five San Fernando Valley-area public companies. You may recall that before the current trashing in the technology sector, tech stocks were oh-so-hot. And, after being largely out of favor for years, small-capitalization stocks made a comeback during the quarter that ended Friday--with the Russell 2000 small-cap index posting a nearly 36% gain for the quarter, to best the Dow Jones industrials, the S&P 500 and the NYSE.
CALIFORNIA | LOCAL
February 8, 2000 | KAREN ROBINSON-JACOBS
You don't have to remember your high school math to know that converting data into knowledge and power--and ultimately into substantive change--takes much more than a slide rule. But that's the formidable challenge facing the Economic Alliance of the San Fernando Valley and the rest of the region's business community. The Alliance is probably best known for orchestrating the Valley of the Stars marketing campaign.
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