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Lake Company

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BUSINESS
July 25, 1998 | From Bloomberg News
General Electric Co.'s finance arm will buy the consumer finance business of Lake, Japan's fifth-biggest consumer lender, as it expands in Japan's $42.7-billion consumer lending market. The Lake business makes loans to individuals with poor credit histories at an average annual interest rate of 26%--more than six times the rate on the average Japanese mortgage. GE Capital Co., the world's largest non-bank finance company, didn't say how much it's paying for the lender. GE, the biggest U.S.
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BUSINESS
February 23, 1999 | From Bloomberg News
Ansys Diagnostics Inc., a developer and manufacturer of drug testing products, will seek to raise about $25 million through an initial public offering of stock, a regulatory report said. The Lake Forest company plans to sell 2.5 million common shares at $10 to $12 each, according to the report, filed Monday with the Securities and Exchange Commission. The offering will equal about 31% of 8.01 million shares outstanding after the IPO.
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CALIFORNIA | LOCAL
May 15, 1991 | THIA BELL
The Ventura County Board of Supervisors on Tuesday awarded an $80,500 contract to study the environmental effects of a private golf course proposed near Lake Casitas. Four years after its first attempt, Farmont Corp. in Pasadena is still seeking a special permit to build an 18-hole course and 20,000-square-foot clubhouse on 203 acres of land zoned for open space. The supervisors rejected the company's first proposal, which included a convention center and two dozen bungalows, in 1987.
BUSINESS
July 25, 1998 | From Bloomberg News
General Electric Co.'s finance arm will buy the consumer finance business of Lake, Japan's fifth-biggest consumer lender, as it expands in Japan's $42.7-billion consumer lending market. The Lake business makes loans to individuals with poor credit histories at an average annual interest rate of 26%--more than six times the rate on the average Japanese mortgage. GE Capital Co., the world's largest non-bank finance company, didn't say how much it's paying for the lender. GE, the biggest U.S.
BUSINESS
May 5, 1987
Chatsworth-based Syncor International, which operates a chain of radioactive-drug pharmacies, reported that it has purchased a 50% interest in Pharmaceutical & Diagnostic Services, a 4-month-old Salt Lake City company in the same business. Terms of the deal were not disclosed. William Baker, founder of Pharmaceutical & Diagnostic Services and owner of the other 50% interest, will remain president and general manager.
BUSINESS
February 23, 1999 | From Bloomberg News
Ansys Diagnostics Inc., a developer and manufacturer of drug testing products, will seek to raise about $25 million through an initial public offering of stock, a regulatory report said. The Lake Forest company plans to sell 2.5 million common shares at $10 to $12 each, according to the report, filed Monday with the Securities and Exchange Commission. The offering will equal about 31% of 8.01 million shares outstanding after the IPO.
ENTERTAINMENT
July 6, 1986 | PAUL ROSENFIELD
On the face of it--and the closer you get to him--Johnny Carson seems not very different from other people. He has one best friend he trusts implicitly. He has a beautiful girlfriend he met on the beach. He drives himself to work, to the same job he's had for 24 years. He has three sons and three divorces. He works out regularly, yet smokes excessively. He's dallied with alcohol, but not on the job. He can be mischievous.
BUSINESS
March 2, 2012 | Lauren Beale, Los Angeles Times
Here's another way the rich are different: They have more bathrooms. Real estate brokers who cater to the moneyed say their clients typically want homes that have at least two bathrooms for every bedroom. And with spacious tubs, floor lamps, dressing areas and seating, some bathrooms rival bedrooms in size. "The bathroom has become the dressing room," said Bob Ray Offenhauser, a Studio City-based residential architect who routinely encloses the shower and toilet in their own rooms within a room.
BUSINESS
July 18, 2000
The Lake Forest company, which designs, develops and markets portable infusion systems, posted second quarter net income of $252,000, or 2 cents a share, down from $893,000, or 6 cents a share, a year ago. Revenue rose 5% to $7.7 million.
CALIFORNIA | LOCAL
May 15, 1991 | THIA BELL
The Ventura County Board of Supervisors on Tuesday awarded an $80,500 contract to study the environmental effects of a private golf course proposed near Lake Casitas. Four years after its first attempt, Farmont Corp. in Pasadena is still seeking a special permit to build an 18-hole course and 20,000-square-foot clubhouse on 203 acres of land zoned for open space. The supervisors rejected the company's first proposal, which included a convention center and two dozen bungalows, in 1987.
BUSINESS
May 5, 1987
Chatsworth-based Syncor International, which operates a chain of radioactive-drug pharmacies, reported that it has purchased a 50% interest in Pharmaceutical & Diagnostic Services, a 4-month-old Salt Lake City company in the same business. Terms of the deal were not disclosed. William Baker, founder of Pharmaceutical & Diagnostic Services and owner of the other 50% interest, will remain president and general manager.
BUSINESS
March 9, 2001
Telenetics Corp. said it has been awarded an $876,000 multiyear contract to provide microwave radios to the Navy. The first radios are to be installed in the Navy's aerial targeting and gunnery ranges within 90 days, according to the Lake Forest company, which designs wireless communication products.
BUSINESS
August 25, 2000
The Lake Forest company, which designs products and systems that collect data from industrial devices, posted a second-quarter net loss of $2.7 million, or 19 cents a share, compared with a net loss of $128,952, or 2 cents a share, for the 1999 second quarter. Sales dropped to $1.3 million from $3.8 million.
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