April 29, 1993 |
Quantum Health Resources Inc. posted slightly lower first-quarter earnings on Wednesday, saying that its performance was dimmed by expenses that resulted from a merger. For the quarter, earnings fell to $3.2 million, or 21 cents a share, from $3.3 million, or 22 cents a share, for the same period a year earlier. Revenue, however, rose 47% to $42.3 million from $28.8 million. Last year Quantum merged with a Texas competitor, I.V. Clinics Inc., in a stock swap valued at $33 million.
October 31, 1992
David Bohm, 74, a quantum physicist and author who sought to explain the discipline to a broader audience. Bohm was a native of Wilkes-Barre, Pa., who moved to England in 1957. He was a professor of theoretical physics from 1961 to 1983 at the University of London and previously taught at Princeton University, the University of Sao Paulo in Brazil, at Bristol University and at the Technion in Haifa, Israel.
May 17, 1992 |
For many Orange County executives, 1991 was a year when their pay packages came under greater shareholder scrutiny and corporate boards were cautious in handing out cash bonuses and perks. It mirrored a trend statewide of keeping executive compensation in line with a company's financial performance. Of the top 100 county executives on the list of publicly traded companies, one-third of the officers saw their cash compensation remain unchanged or had it reduced.
October 17, 1988 |
As the camera pans through a marble room, a statue of a flute player, carved from the same beige marble, sways in time to his own music. As if fulfilling King Midas' dream, the flutist and the other statues in the room turn to gold, glittering in the light. Suddenly, a white ball appears and fills the screen with the familiar brush-stroke logo of The Wave, KTWV-FM (94.7).
May 22, 1993
To report that NBC's "Quantum Leap" "simply ran out of steam in the ratings" does not show the whole picture ("Networks Fan Sweeps With Exits, Events," April 24). NBC killed "Quantum Leap" by moving it from Wednesday night at 10 to Tuesday at 8, preempting it week after week and cutting its budget, diminishing its quality. If "Quantum Leap" ran out of steam, it was because NBC wanted it that way. "Quantum Leap" viewers are still here and, like those of a certain other canceled series ("Star Trek")
August 9, 2001 |
Data storage device maker Quantum Corp. of Milpitas, Calif., said it is acquiring Connex, a Western Digital Corp. unit that develops network-attached storage modules, for $11 million. Quantum said Connex's technology should boost the features offered in Quantum's Snap Server product line as well as broadening its storage systems portfolio. Western Digital, a Lake Forest disk drive manufacturer, also will provide hard drives to Quantum's Snap Appliances unit on a nonexclusive basis.
January 13, 2004 |
Irvine-based Quantum Fuel Systems Technologies Worldwide Inc. said it would develop and install compressed natural gas fuel systems for General Motors Corp.'s full-size pickup trucks through the 2005 model year. The contract extends Quantum's existing natural gas programs for GM full-size pickups, and it could add $8 million to $10 million in revenue a year. The truck conversions are done at Quantum's Lake Forest facility.
February 23, 2001
The Quantum Group Inc. in Tustin said it acquired a unit of Utek Corp. that has been granted a license for de-icing technology invented by a Dartmouth College engineering professor. The acquisition of Utek's TDI subsidiary involved a stock swap. Financial details were not disclosed. The subsidiary will commercialize the Dartmouth de-icing technology for such venues as roads, bridges, airport runways, playgrounds and sports facilities, Quantum said.
March 24, 1998 |
Quantum Corp. warned that sales and earnings for its fiscal fourth quarter will be lower than expected because of falling prices for desktop hard drives and weak demand for high-end tape drives. It said it expects break-even earnings, or slightly better, for the three months ending March 31. Sales are forecast to be 20% lower than the $1.52 billion reported in Quantum's third quarter. In the year-ago quarter, Milpitas-based Quantum reported earnings of $87.
December 28, 1988 |
Quantum Chemical Corp. announced today it was undertaking a $1.1-billion recapitalization plan that includes a one-time, $50 per-share dividend. The announcement sent Quantum's shares skyrocketing on Wall Street as investors scrambled to take advantage of the dividend to be paid Jan. 10. Quantum stock rose $17.12 1/2 a share to $105.62 1/2 in early New York Stock Exchange trading.