May 4, 1989
Spiegel Inc.: The nation's largest direct marketer said first-quarter net earnings dipped to $6.3 million from $6.8 million a year ago. Revenue rose 37% to $324.5 million. The Oak Brook, Ill., firm said the latest earnings were affected by financing expenses of about $6 million, before taxes, related to the acquisition of Eddie Bauer and Honeybee retailers. Tables, Page 13
February 23, 1988
Drewry Photocolor said it intends to sell its Burbank headquarters and its largest processing laboratory to Osco Drug of Oak Brook, Ill. for approximately $5.7 million in cash. The deal must be approved by shareholders. The Burbank-based firm, which develops film for retail clients, will retain three labs, one of which is in Hayward. The other two labs are in Tacoma, Wash. and Denver, Colo.
February 15, 1985 |
Union Carbide employees in the United States have raised more than $100,000 to aid the victims of the catastrophic leak at a company plant in Bhopal, India, the company said Thursday. The Missionaries of Charity in New York, Lions Club International Foundation of Oak Brook, Ill., and Share and Care Foundation for India of Ramsey, N.J., will distribute the donations, the company said.
February 21, 1996 |
Dr. Jack Kevorkian stuck his fingers in his ears in a gesture of disdain as lawyers at his assisted-suicide trial in Pontiac argued over whether his primary intent was to relieve suffering or simply to kill. The 67-year-old retired pathologist is accused of assisting in the 1993 deaths of Merian Frederick, 72, of Ann Arbor, and Dr. Ali Khalili, 61, of Oak Brook, Ill. They died after inhaling carbon monoxide.
August 11, 1988 |
Richard Stenton's interests in financial institutions were on a collision course, so he recently sold his 44.4% stake in Cornerstone Savings & Loan for $3.4 million to avoid a conflict of interest with Laguna Bank, in which he has a 24% stake. Stenton is chairman of Laguna Bank, based in Laguna Beach, which opened a loan production office near Cornerstone's headquarters in Mission Viejo and is negotiating to buy Eldorado Bank's branch at La Paz and Cabot roads in Laguna Hills.