November 23, 2012 |
As consumers burst through shopping center doors to snap up bargains, some retailers' stocks got a bump on Wall Street. Stocks opened higher in a shortened trading session on Black Friday. The Dow Jones industrial average rose 82 points, or 0.6%, to 12,919 shortly after the opening bell. The broader Standard & Poor's 500 index gained 8 points, or 0.6%, to 1,399. The Nasdaq added 19 points, or 0.6%, to 2,945. Electronics retailer Best Buy Co. Inc. rose 23 cents, or 2%, to $11.80 in early trading.
October 6, 1985
Stanley J. Dorst, president and chief executive officer of Grosvenor Development Co. in San Francisco, has been named chairman of the board, and William W. Hughes Jr. of Hughes Investments in Newport Beach, has been elected president of California Business Properties Assn. Other officers include Malcolm R. Riley, who heads a Los Angeles firm bearing his name, vice president; William J.
January 9, 2013 |
Ryan Gosling took his mom, Donna, to the world premiere of his new film, "Gangster Squad," at Grauman's Chinese Theatre in Hollywood on Monday night. When she was asked on the red carpet who she was wearing, Mom came back with "Eva Mendes," having raided the closet of Ryan's girlfriend. [E!] Beyonce and Solange Knowles are talented and famous ... and nice enough to return borrowed clothes they've worn clean and pressed. Designer Rubin Singer, who dressed Beyonce for a New Year's Eve performance in Las Vegas, said the sisters are the only celebrities who "always dry clean and send clothes back in a box, with a handwritten thank you note.
February 19, 2001 |
With the U.S. stock markets closed today in observance of Presidents Day and with little economic data on the calendar, the direction of equities this week will be dictated by corporate earnings. And the gloomy parade is expected to continue, after sour predictions last week from tech giants Nortel Networks Corp. and Hewlett-Packard Co. Retailers dominate the quarterly earnings announcements this week, with bottom-line news expected Tuesday from Home Depot Inc. and Wal-Mart Stores Inc.
June 25, 1991 |
Anxious to widen its operations north of the Los Angeles basin, PacifiCare Health Systems Inc. announced Monday that it has received state approval to expand its health maintenance organization into Northern California through a network of providers. In announcing the expansion, PacifiCare said it has not given up its quest to acquire another HMO to further expand in Northern California, which with 26 HMOs is considered one of the most competitive, yet lucrative markets in the nation.
CALIFORNIA | LOCAL
June 23, 1990 |
A developer has dropped plans to open a regional shopping mall in the Santa Clarita Valley, saying the area could not support both his project and another mall already planned by Newhall Land & Farming Co. in Valencia. "It wasn't by choice," Carl Nelson, vice president of Santa Fe Development Co., said Friday of the company's decision to abandon its mall proposal.