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BUSINESS
March 1, 1988
Delphi Information Systems, which sells computer systems to insurance agencies, said Concurrent Computer Corp. agreed to service the equipment used by most of Delphi's customers. Delphi, based in Westlake Village, combines computers made by Concurrent and International Business Machines with its own specialized software and sells the complete systems to independent agents in the property-casualty insurance field.
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BUSINESS
December 28, 2000 | Bloomberg News
Concurrent Computer Corp. shares fell 50% after the company said fiscal second-quarter results will miss forecasts because a cable-television operator delayed an order for video-on-demand software. Concurrent said it expects a loss of 7 cents to 8 cents a share in the quarter ending Monday, much larger than the 4-cent loss previously forecast. It expects sales of $13.8 million to $14.2 million, less than its previous estimate of $18 million to $18.9 million.
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BUSINESS
December 28, 2000 | Bloomberg News
Concurrent Computer Corp. shares fell 50% after the company said fiscal second-quarter results will miss forecasts because a cable-television operator delayed an order for video-on-demand software. Concurrent said it expects a loss of 7 cents to 8 cents a share in the quarter ending Monday, much larger than the 4-cent loss previously forecast. It expects sales of $13.8 million to $14.2 million, less than its previous estimate of $18 million to $18.9 million.
BUSINESS
March 1, 1988
Delphi Information Systems, which sells computer systems to insurance agencies, said Concurrent Computer Corp. agreed to service the equipment used by most of Delphi's customers. Delphi, based in Westlake Village, combines computers made by Concurrent and International Business Machines with its own specialized software and sells the complete systems to independent agents in the property-casualty insurance field.
BUSINESS
October 13, 1998
New York Life Insurance Co. agent Michael Dixon has been named a council vice president for the company, a position awarded annually to the agent with the "highest achievement in sales and service." Dixon of Agoura joined the company in 1975 and in his first year qualified for the industry's prestigious Million Dollar Round Table. He is a past president of the California Assn. of Life Underwriters and a past director of the Agoura Las Virgenes Chamber of Commerce.
CALIFORNIA | LOCAL
January 20, 1993 | BILL BILLITER
You might say it rained on the meteorologists' parade. For months, weather prognosticators around the nation have been looking forward to their annual convention at the Disneyland Hotel. Many forecasters in frigid Eastern and Midwestern states said they savored thoughts of sunny Southern California: Palms . . . and swimming pools . . . tornadoes. Tornadoes?
BUSINESS
June 24, 1989 | DAVID OLMOS, Times Staff Writer
Prime Computer, avoiding a determined hostile takeover bid from MAI Basic Four, said Friday that it has agreed to be acquired by a New York venture capital company in a friendly deal valued at about $1.4 billion. Prime, a minicomputer maker, said its directors unanimously approved an offer from J. H. Whitney & Co., one of the nation's oldest venture capital concerns. Whitney said it will purchase up to 79% of Prime's shares for $21.50 per share. In reaction to the news, Prime stock climbed $3.125 to $19 per share in New York Stock Exchange trading, apparently on the expectation that the deal will be completed.
BUSINESS
June 24, 1989 | DAVID OLMOS, Times Staff Writer
Prime Computer, avoiding a determined hostile takeover bid from Tustin-based MAI Basic Four, said Friday that it has agreed to be acquired by a New York venture capital company in a friendly deal valued at about $1.4 billion. Prime, a minicomputer maker, said its directors unanimously approved an offer from J.H. Whitney & Co., one of the nation's oldest venture capital concerns. Whitney said it will purchase up to 79% of Prime's shares for $21.50 per share. In reaction to the news, Prime stock climbed $3.125 to $19 per share in New York Stock Exchange trading, apparently on the expection that the deal will be completed.
BUSINESS
February 8, 2000
* Barry Sando has been named president of First American Financial Corp.'s Mortgage Information Service Group, a new unit created as part of the Santa Ana company's move to restructure its real estate information and services operations. The mortgage information service group includes the company's First American Credco, First American Nationwide Documents and Mortgage Administration units. Sando had been president of the mortgage administration group. * Christopher D. Tower and Joe B.
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