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NEWS
May 7, 1993 | MARK A. STEIN, TIMES SCIENCE WRITER
Running the nation's newest national laboratory keeps Roy Schwitters running. He shuttles daily between a Dallas industrial park devoted entirely to his project, the Superconducting Super Collider, and a warehouse here that is its headquarters.
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NEWS
May 7, 1993 | MARK A. STEIN, TIMES SCIENCE WRITER
Running the nation's newest national laboratory keeps Roy Schwitters running. He shuttles daily between a Dallas industrial park devoted entirely to his project, the Superconducting Super Collider, and a warehouse here that is its headquarters.
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BUSINESS
January 14, 1998 | Patrice Apodaca
Crossroads Capital Partners LLC, founded last August to invest in distressed businesses, has announced its first acquisition, a bankrupt Texas manufacturer of medical and electronic products and components. The Newport Beach firm was founded by former Price Waterhouse corporate recovery expert Dennis I. Simon and other turnaround specialists.
BUSINESS
December 27, 1989 | PATRICK LEE, TIMES STAFF WRITER
No matter where you went this past September, it seemed impossible to escape actor James Earl Jones' mellifluous baritone extolling the virtues of Atlantic Richfield Co.'s new lower-emission unleaded gasoline, called EC-1. In advertisements that saturated radio, television, print media and even bus panels, Arco spent $10 million in only five weeks to make sure that the message got across: It had produced the first commercially marketed gasoline formulated specifically to help reduce smog.
BUSINESS
October 2, 1986 | ROBERT HANLEY
NMS Pharmaceuticals Inc. said it lost $1.9 million for its fiscal 1986, ended May 31. The fiscal 1986 loss compares to a net loss of $1.4 million for the prior year. The Newport Beach maker of medical test kits said revenues fell 8% to $2.3 million from $2.5 million. Company officials said they do not report fourth-quarter results, but controller Janet Moore agreed that, based on a previously reported nine-month net loss of $714,510, NMS lost $1.2 million during its fiscal fourth quarter.
BUSINESS
February 16, 1991 | LESLIE BERKMAN, TIMES STAFF WRITER
Nichols Institute, a growing chain of medical laboratories based here, said Friday that its earnings jumped 44% last year to $6.8 million, up from $4.7 million in 1989. The earnings gain for the year came despite an 8% decline in fourth-quarter profits, which fell to $1.26 million from $1.37 million a year earlier. The company had previously said that it expected a decline in earnings for the latest three months. Revenue for 1990 was $174.8 million, up 35% from $129.7 million the previous year.
BUSINESS
May 31, 1990 | LESLIE BERKMAN, TIMES STAFF WRITER
Striving for further geographic expansion of its medical laboratory network, Nichols Institute said Wednesday that it has formed a joint venture with three major hospital systems in the Dallas-Ft. Worth area. The San Juan Capistrano-based medical laboratory firm will act as the general partner in an alliance with Baylor Health System and Presbyterian Healthcare System, both based in Dallas, and Harris Methodist Health System, based in Ft. Worth.
NEWS
April 11, 1999 | GARY POLAKOVIC, TIMES STAFF WRITER
In a discovery that sheds new light on the human conquest of the New World, a team of scientists says that bones from an ancient woman who lived on the Channel Islands off Ventura County could be the oldest human remains ever found in North America.
BUSINESS
January 8, 1991 | LESLIE BERKMAN, TIMES STAFF WRITER
The stock of Nichols Institute continued its free-fall Monday, down $3.375 to $10.25, as investors continued to react negatively to an announcement last week that net income for 1990 would be lower than analysts' projections. The company's stock has fallen 37.8% from $16.50 on Thursday, when officials said earnings for the year and fourth quarter would be lower than most Wall Street analysts had anticipated because of problems in several new operations.
NEWS
August 20, 1995 | DONALD J. FREDERICK, NATIONAL GEOGRAPHIC
Imagine trying to drill a hole in the sidewalks of New York from atop the Empire State Building using a strand of spaghetti. That's what Philip Rabinowitz says drilling the floor of the ocean is like. Even in the calmest waters, punching holes in the sea bottom is tricky business, said Rabinowitz, a founder of the 19-nation Ocean Drilling Program. Probes into the Earth's crust, some as deep as 1.
BUSINESS
March 1, 1994 | JAMES M. GOMEZ, TIMES STAFF WRITER
Blaming a major cost-cutting consolidation and restructuring, Nichols Institute posted a $4.4-million loss for 1993. But Chief Executive George Bragg said that the San Juan Capistrano-based maker of medical test kits and provider of specialized laboratory services should be profitable again by midyear as the company emerges from last year's difficult cost-reduction program.
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