Advertisement
YOU ARE HERE: LAT HomeCollectionsJenny Craig International
IN THE NEWS

Jenny Craig International

FEATURED ARTICLES
BUSINESS
July 2, 1999 | From Associated Press
Jenny Craig Inc. was ordered to pay $8.1 million in damages for breaking its lease on the building that had served as its headquarters. A San Diego County Superior Court jury awarded $2.2 million in compensatory damages and $5.9 million in punitive damages to JLRB Associates, a family partnership that leased Jenny Craig a building along Interstate 5 in Del Mar. Jenny Craig leased the building from 1988 to 1996.
ARTICLES BY DATE
BUSINESS
December 11, 2002 | From Bloomberg News
Jenny Craig Inc., which provides weight loss counseling and low-fat food, settled a lawsuit filed by shareholders who said the stock was undervalued in a $115-million buyout. The firm said in January that it would be bought by investors including co-founders Sid and Jenny Craig, a Deutsche Bank affiliate and ACI Capital Co. for $5.30 a share. Shareholders filed three suits in Delaware Chancery Court.
Advertisement
BUSINESS
October 16, 1989 | ALAN CITRON, TIMES STAFF WRITER
When Los Angeles Dodgers manager Tommy Lasorda shaved nearly 40 pounds off of his famous frame this year in a highly publicized wager with his players, there were two big winners. One was a group of Nashville nuns who received the proceeds from the $50,000 bet. The other was Lasorda, who was hired as a pitchman for the liquid diet supplement he used.
BUSINESS
August 12, 2000 | Bloomberg News
Jenny Craig Inc., which operates 550 weight-loss centers, said founders Sid and Jenny Craig withdrew their offer to buy the company's shares they don't already own for about $25.6 million. Sid and Jenny Craig's Craig Enterprises cited a decline in sales and pretax income from Jenny Craig Inc.'s Australian operations in withdrawing the $3.75-a-share offer it made two months ago.
NEWS
March 4, 1990 | KATHLEEN HENDRIX, TIMES STAFF WRITER
Jenny Craig in person is a better ad for her weight loss program than the image that comes across in commercials, where she appears to have a heavy face and matronly figure. Actually, at 57 she's slender enough to be a model: 5-foot-5, 122 pounds, youthful and vivacious, with lively brown eyes and tousled raven hair. Full of energy, she says it is a quality she requires in all who work for her. But Craig does not come on strong.
BUSINESS
March 4, 1992 | From Times Staff and Wire Reports
Jenny Craig, Hahn Admit Illegal Use of Software: The two firms admitted using illegally copied software in their day-to-day operations and have settled possible allegations of copyright infringement. Hahn, a San Diego-based developer, disclosed that it had reached a settlement regarding software copyright infringement with the Software Publishers Assn., an industry trade group based in Washington.
BUSINESS
August 19, 1999
* La Jolla-based Jenny Craig Inc. reported a fiscal fourth-quarter net loss of $672,000, or 3 cents per share, contrasted with net income of $2.1 million, or 10 cents, a year ago. Revenue fell to $76.5 million, from $93.6 million. Results include a $8.2-million judgment against the company stemming from a lease dispute at its former Del Mar headquarters. Jenny Craig is appealing.
BUSINESS
June 21, 1994 | DENISE GELLENE, TIMES STAFF WRITER
Jenny Craig Inc. said Monday that it is suspending payment of its quarterly dividend in order to use the funds to market its weight-loss program, raising concerns about the company's immediate prospects. The news drove the company's shares down $1 to $5.50 on the New York Stock Exchange. It had hit an all-time low of $5.25 during the day's trading. In an interview, Chief Executive C. Joseph LaBonte denied suggestions that the Del Mar, Calif.-based company's condition had worsened.
BUSINESS
June 9, 1992 | From Times Staff and Wire Reports
A shareholder has sued San Diego-based Jenny Craig Inc., the company announced, alleging certain mistatements in the prospectus filed as part of the company's November, 1991, public stock offering and in subsequent reports and statements by the company. . . . The Federal Reserve said the average yield for one-year Treasury bills, the most popular index for making changes in adjustable rate mortgages, was 4.27% last week, unchanged from a week earlier.
BUSINESS
August 12, 2000 | Bloomberg News
Jenny Craig Inc., which operates 550 weight-loss centers, said founders Sid and Jenny Craig withdrew their offer to buy the company's shares they don't already own for about $25.6 million. Sid and Jenny Craig's Craig Enterprises cited a decline in sales and pretax income from Jenny Craig Inc.'s Australian operations in withdrawing the $3.75-a-share offer it made two months ago.
BUSINESS
August 19, 1999
* La Jolla-based Jenny Craig Inc. reported a fiscal fourth-quarter net loss of $672,000, or 3 cents per share, contrasted with net income of $2.1 million, or 10 cents, a year ago. Revenue fell to $76.5 million, from $93.6 million. Results include a $8.2-million judgment against the company stemming from a lease dispute at its former Del Mar headquarters. Jenny Craig is appealing.
BUSINESS
July 2, 1999 | From Associated Press
Jenny Craig Inc. was ordered to pay $8.1 million in damages for breaking its lease on the building that had served as its headquarters. A San Diego County Superior Court jury awarded $2.2 million in compensatory damages and $5.9 million in punitive damages to JLRB Associates, a family partnership that leased Jenny Craig a building along Interstate 5 in Del Mar. Jenny Craig leased the building from 1988 to 1996.
BUSINESS
January 14, 1999 | GREG JOHNSON, TIMES STAFF WRITER
It's the usual post-holiday assault on overweight consumers, with marketers pitching pills, potions and weight-loss programs. But as they jockey for position, many marketers are still trying to overcome the dulling impact of the fen-phen/Redux debacle late in 1997. Jenny Craig Inc. has doggedly continued to market its line of low-calorie packaged meals long after customers cooled to its fare.
BUSINESS
June 21, 1994 | DENISE GELLENE, TIMES STAFF WRITER
Jenny Craig Inc. said Monday that it is suspending payment of its quarterly dividend in order to use the funds to market its weight-loss program, raising concerns about the company's immediate prospects. The news drove the company's shares down $1 to $5.50 on the New York Stock Exchange. It had hit an all-time low of $5.25 during the day's trading. In an interview, Chief Executive C. Joseph LaBonte denied suggestions that the Del Mar, Calif.-based company's condition had worsened.
BUSINESS
April 13, 1994 | From Times Staff and Wire Reports
Jenny Craig Names New CEO: C. Joseph LaBonte, a former top executive at Reebok International Ltd. and 20th Century Fox Film Corp., has been named president and chief executive of the Del Mar-based weight management company. LaBonte, 54, who has served as a director of Jenny Craig since December, 1992, assumes the chief executive's title from Sid Craig, who retains the title of chairman.
BUSINESS
June 9, 1992 | From Times Staff and Wire Reports
A shareholder has sued San Diego-based Jenny Craig Inc., the company announced, alleging certain mistatements in the prospectus filed as part of the company's November, 1991, public stock offering and in subsequent reports and statements by the company. . . . The Federal Reserve said the average yield for one-year Treasury bills, the most popular index for making changes in adjustable rate mortgages, was 4.27% last week, unchanged from a week earlier.
BUSINESS
January 14, 1999 | GREG JOHNSON, TIMES STAFF WRITER
It's the usual post-holiday assault on overweight consumers, with marketers pitching pills, potions and weight-loss programs. But as they jockey for position, many marketers are still trying to overcome the dulling impact of the fen-phen/Redux debacle late in 1997. Jenny Craig Inc. has doggedly continued to market its line of low-calorie packaged meals long after customers cooled to its fare.
BUSINESS
December 11, 2002 | From Bloomberg News
Jenny Craig Inc., which provides weight loss counseling and low-fat food, settled a lawsuit filed by shareholders who said the stock was undervalued in a $115-million buyout. The firm said in January that it would be bought by investors including co-founders Sid and Jenny Craig, a Deutsche Bank affiliate and ACI Capital Co. for $5.30 a share. Shareholders filed three suits in Delaware Chancery Court.
BUSINESS
March 4, 1992 | From Times Staff and Wire Reports
Jenny Craig, Hahn Admit Illegal Use of Software: The two firms admitted using illegally copied software in their day-to-day operations and have settled possible allegations of copyright infringement. Hahn, a San Diego-based developer, disclosed that it had reached a settlement regarding software copyright infringement with the Software Publishers Assn., an industry trade group based in Washington.
NEWS
March 4, 1990 | KATHLEEN HENDRIX, TIMES STAFF WRITER
Jenny Craig in person is a better ad for her weight loss program than the image that comes across in commercials, where she appears to have a heavy face and matronly figure. Actually, at 57 she's slender enough to be a model: 5-foot-5, 122 pounds, youthful and vivacious, with lively brown eyes and tousled raven hair. Full of energy, she says it is a quality she requires in all who work for her. But Craig does not come on strong.
Los Angeles Times Articles
|