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BUSINESS
April 18, 1995 | Times Staff and Wire Reports
L.A. Gear Threatens to Call Off Merger: The Santa Monica company told Ryka Inc. that it would end its agreement to acquire the cash-strapped women's footwear maker unless the companies can agree on new terms. Earlier this month, Ryka said it was in default with its Korean lender and reported an unexpected 1994 loss of $511,415, or 2 cents a share, on sales of $16.3 million. The Norwood, Mass., company projected losses for the first and second quarters. Ryka also said it was asking L.A.
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BUSINESS
April 18, 1995 | Times Staff and Wire Reports
L.A. Gear Threatens to Call Off Merger: The Santa Monica company told Ryka Inc. that it would end its agreement to acquire the cash-strapped women's footwear maker unless the companies can agree on new terms. Earlier this month, Ryka said it was in default with its Korean lender and reported an unexpected 1994 loss of $511,415, or 2 cents a share, on sales of $16.3 million. The Norwood, Mass., company projected losses for the first and second quarters. Ryka also said it was asking L.A.
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BUSINESS
December 15, 1994 | From Associated Press
Some companies and the causes they support: Ryka Inc. Takes an interest in issues relating to violence against women. Nike Inc. Tries to participate in the lives of American youth. The company has a $10-million program to develop sports and fitness facilities for youngsters without access to such centers and supports other youth programs such as the Boys & Girls Clubs of America. Virginia Fibre Corp.
NEWS
July 7, 1994 | ELIZABETH MEHREN, Los Angeles Times
Their common professional calling consists of cushioning the human foot's contact with the ground. They are cobblers, shoe magnates who might well be content to lace up their hefty profits and let others fret about mankind's moral bunions. But Paul Fireman, Bruce Katz and Sheri Poe are three shoemakers with soul. Beyond their chosen line of endeavor they share little but the geography of New England.
BUSINESS
April 2, 1990
Best- and worst-performing industries and companies in each group, with closing stock price, for the week ended March 30. Only stocks trading for $1 or higher are included. BEST PERFORMERS 1) Business equipment: +4.0% Colorocs (7 1/4): +18.3% 2) Machinery (light): +3.3% Hein-Werner (11): +10.0% 3) Railroads: +2.5% Norfolk Southern (39 5/8): +6.7% 4) Department stores: +2.3% Gottschalks (11): +8.6% 5) Luxury: +1.9% Town & Country (6 1/2): +20.8% 6) Electrical equipment: +1.8% Intl. Power Mach.
BUSINESS
April 15, 1995 | From Bloomberg Business News
L.A. Gear Inc. said its first-quarter loss widened on a 42% decline in sales. The Santa Monica-based athletic and outdoor shoe company said its loss widened in the three months ended Feb. 28 to $11.6 million, or 59 cents a share, from $2 million, or 17 cents, in the year-ago quarter. Revenue fell to $69.4 million from $120.4 million a year earlier. Gross margins, which rose to about 30% from 29% of sales, were $20.7 million in the latest quarter, down from $34.9 million last year.
CALIFORNIA | LOCAL
September 17, 1995 | DAVID REYES, TIMES STAFF WRITER
Elvia Ruiz recalls the countless slaps, the punches and the threats. "I have a daughter with cerebral palsy and I remember my husband threatening to have two men we lived with take my daughter to Mexico and just abandon her there," she said.
NEWS
August 11, 1994 | ELIZABETH MEHREN, TIMES STAFF WRITER
Their common professional calling consists of cushioning the human foot's contact with the ground. They are cobblers, shoe magnates who might well be content to lace up their hefty profits and let others fret about mankind's moral bunions. But Paul Fireman, Bruce Katz and Sheri Poe are three shoemakers with soul. Beyond their chosen line of endeavor they share little but the geography of New England.
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