August 21, 1997 |
Those mailbox and office-service outfits that seemingly dot every strip mall were sorely tested by the 15-day United Parcel Service strike. To the extent that the stores relied on UPS before the strike--and UPS handles three of every four packages shipped in the United States--many failed the test. Competitors like Federal Express Corp. and RPS Inc. just weren't looking for new clients during the walkout.
December 19, 1991
A Century City crane accident has resulted in a $2.9-million verdict for a crane operator who was thrown from the machine and injured, his lawyer said this week. Charles Laurutis, 54, was awarded the damages Friday, stemming from injuries he suffered in July, 1986, during the construction of the 17-story Marriott Hotel. At the time, Laurutis was an employee of Tripco Corp.
May 25, 1999
* Ziff-Davis Inc., the leading publisher of computer magazines and the owner of the Comdex computer trade show, said it hired investment bank Morgan Stanley Dean Witter & Co. to explore options for its ZD Market Intelligence unit that would include the possibility of a merger or sale. The move comes as the New York-based company is trying to whittle down its $1.5 billion in debt and boost its share price. * * FDX Corp.'s RPS Inc., the No. 2 U.S.
July 31, 1997 |
United Parcel Service customers--including major catalog companies such as Land's End Inc. and J.C. Penney Co.--are hurriedly making alternative arrangements to have their products delivered as tonight's midnight deadline neared for the company's first nationwide strike. United Parcel Service of America Inc.
April 13, 1999
Pharmavite Corp., a manufacturer of vitamins and food supplements, signed a 10-year lease valued at more than $50 million for 740,000 square feet of space at Vista Business Park in Valencia in one of the largest industrial leases ever in Los Angeles County.
September 17, 1999 |
FDX Corp., parent of Federal Express, said rising fuel prices hurt its earnings in the fiscal first quarter and may keep it from meeting this year's profit forecasts. The world's largest express-delivery company said net income for the quarter ended Aug. 31 rose to $159 million, or 52 cents a share, from $149 million, or 50 cents, a year earlier, as revenue rose 5.8% to $4.32 billion. The average analyst estimate was 54 cents in a First Call Corp. survey.